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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 046

Market Indicators

As of 5:58 pm October 8, 2015 (thursday)

FOREX

PHISIX

US$1 = P46.11

7, 108.80

3

X X Briefly

cents

53.31 points

Surigao airport THE DEPARTMENT of Transportation and Communications (DoTC) is spending P4.71 million to hire a consultant that will assess the environmental impact of the development works at the Surigao Airport. “The DoTC now calls for the submission of eligibility documents for the conduct of an Environmental Impact Assessment Study...,” the agency said in a request for expressions of interest posted on its Web site. Interested consultants must submit their eligibility documents by Oct. 13. The agency will draw up a short list, with 50% of the score based on the “applicable experience” of the firm, 30% on the qualification of key personnel, and 20% on the current work load.

Micro-enterprise SURIGAO City -- The provincial office of the Department of Trade and Industry (DTI) here has released recently a total of P2 million to the municipality of Dapa under the Bottoms Up Budgeting (BUB) Project. Among the beneficiaries of the said project are the seven sub-projects under the Rural Micro-Enterprise Development (RUMEPP) Program previously assisted by DTI in selected barangays of the said municipality. These projects are managed by the different organizations like women, youth, farmers, and even senior citizens. These micro-enterprise and alternative livelihood projects are expected to significantly increase family income and eventually reduce poverty incidence in rural communities.

2014 ppi’S Best in ENVIRONMENTAL Reporting

P15.00

M’nao set as BIMP-Eaga investment destination www.businessweekmindanao.com

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Thu-Fri | October 8-9, 2015

By Antonio L. Colina IV, MindaNews

AVAO City — Mindanao has a potential of becoming an investment destination, a top official of the Brunei, Darussalam-Indonesia, Malaysia, Philippines East Asean Growth Area (BIMPEAGA) Trade and Investment Cluster said. In an interview during the launch of the Department of Trade and Industry 11’s onestop facility Ecofusion at the Abreeza of the Ayala Malls on Tuesday, Caybo Purnomo, acting chair of the BIMPEAGA Trade and Investment Cluster, specifically cited

New Mindanao solar projects to generate 500-mw

tourism, processing, and agriculture as investment areas that can be marketed to other parts of the economic sub-region. Purnomo, a member of Indonesia’s B oard of Invest ments, s aid t he y investment/PAGE 11

THEY DELIVER. Habal-habal or single motorbikes remain the most commonly used mode of transport in Montevista, Compostela Valley. mindanews photo by h . marcos c . mordeno

Solo parent declared ‘Huwaran’ By ARIEL C. SEBELLINO, Contributor

A FAMILY from Barangay Salbang, Paoay, Ilocos Norte, led by solo parent-father Conrado Achuela is this year’s grand winner of the Search for Huwarang Pantawid Pamilyang Pilipino. This is the second time that a solo

By CARMELITO Q. FRANCISCO Correspondent

MINDANAO could have access to about 500 megawatts (MW) of solar power if all 31 projects now pending are approved and implemented, data from the Mindanao Development Authority (MinDA) and the Department of Energy (DoE) showed. As of Aug. 31, the DoE has given the green light to 22 of the projects while the rest are still undergoing assessment. Based on the data, nine of the approved projects are solar/PAGE 11

parent won the grand prize. “Hindi po ito gamot sa kahirapan, tulong po ito para makatawid sa hirap,” he said in reference to the conditional cash transfer (CCT). Speaking one-liners huwaran/PAGE 11

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.

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E conomy 2 BSP eases rules on ARMM to hold 1st Halal congress dividend declarations 2013 ppi’S Best in Business and Economic Reporting

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ARAWI City -The Autonomous Region in Muslim Mindanao (ARMM) will hold its first Halal congress on October 9, at Alnor Convention Hall in Cotabato City in line with the celebration of the National Science

and Technology Week. The congress will feature an exhibit of halal-certified pro du c t s i n t he re g i on and a forum on updates on halal technology and industry. Mon-Em Abangad, information officer of the D e p ar t me nt of S c i e nc e

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

an d Te ch n ol o g y i n t h e region (D OST-ARMM), said the development of the region’s halal industry is among the top economic age nd as of t he pre s e nt ARMM administration. The halal congress, he said, will serve as a venue in exchanging ideas about advancements in the halal industr y and a gateway t o f u t u re p a r t n e r s h i p s with different sectors and organizations in t he promot ion of ha l a l industr y in ARMM and in t he Phi lippines as a whole. Abangad further said the activity will also create awareness on the concept of halal and its effect in the economy of the region and in the entire country. At least 200 participants from ARMM and nearby

for financial institutions

areas are expected in the event. These would come f rom lo c a l gover nment u n i t s , p r i v a t e s e c t o r, religious groups, business councils, and international nongovernmental organizations. Ab a n g a d s a i d t h e r e will be speakers from Malaysia who will tackle the global halal industry as well as halal research and development. Other expected speakers are Director Anthony Sales of DOST-XI and Director Brenda Manzano of DOSTIX. The National Science a n d Te c h n o l o g y We e k w i l l r u n f rom O c tob e r 8 to 10 with the theme “Philippines: A S cience Nat i o n In n ov at i n g f o r Global Competitiveness”. (BPI/APB/PIA-10)

By APIPA P. BAGUMBARAN, Contributor

THE Bangko Sentral ng Pilipinas (BSP) has liberalized its regulations on dividend declaration on shares of stock and similar capital instruments of banks and quasi-banks (QBs). In a statement, the BSP said it has amended its policy to align dividend declaration with international standards on the rights of shareholders. The BSP explained that the amendment will hold the board of directors and management of the bank and QB more accountable on the declaration of dividends. It w i l l m a ke d iv i d e n d declaration more transparent to the public in view of the required disclosures.

The amended policy will also allow publicly listed banks/QBs to comply with the 30 calendar day’s timeline prescribed under the ASEAN C or p or ate G ove r n anc e Scorecard (ACGS) for the payment of dividends to shareholders of record. The policy further requires that the dividend declaration be immediately recognized as a liability in accordance with Philippine Accounting Standards and that it be disclosed in the statement of equity changes and in the notes to the financial statements. Dividend declaration is ultimately the responsibility bsp/PAGE 9

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To Die For

T

hink a minute…This is a true story about an American teenager named Leo Carter. Leo was from the most dangerous part of the big city of Chicago. He was only 17 years old when he saw another teenager named Elijah shoot and kill a businessman. Elijah and his gang decided to kill Leo so he could not testify against them in court. One day they caught Leo, dragged him behind a building and shot him in the head. It was a miracle that Leo did not die. Yet even after that, Leo still had the courage to testify against Elijah for murdering that businessman. Elijah is now in prison, because Leo stood for what he knew was the truth no matter what it cost him. There are many people who would rather stay alive than die for the truth. There’s a saying: “If you don’t have anything to die for, then you don’t have anything to live for.” Sometimes we pay a big price for being honest and standing up for the truth. We can make some real enemies, even lose our job or position of respect and power, just because we were honest and stood for the truth. The question is: Who are you more afraid of?

THINK

A Minute

Jhan Tiafau Hurst People and what they think or can do to you? Or God, your Maker and Judge? Jesus Christ said that you and I must decide if we truly believe He is Who He said He is: the only true and living God Who came to die for all our wrongs so He could forgive us. Since Jesus proved He’s God the Son by coming back to life from death, we must live His way everyday of our life. We can’t say we believe in Him and then keep living our own way instead of changing to live His way. That’s why Jesus said everyone must be born again. We must die to our past life of living our own way so we can start life all over again with His life and character changing us everyday to hurst/PAGE 9

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Dividing the Bicolano votes in 2016

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IFE’S INSPIRATIONS: “… Youth oppress my people, women rule over them…” (Isaiah 3:12, the Holy Bible). -ooo DIVIDING THE BICOLANO VOTES IN 2016: Now that, officially, there are already two vice presidential candidates from the Bicol Region---Sen. Francis Escudero from Sorsogon under Sen. Grace Poe and Naga City Rep. Leni Robreo under former Sec. Manuel Roxas II of the Liberal Party---it would be truly interesting to watch how their fellow “sili’ lovers from the country’s Region 5 will vote. Sure, there have been predictions already, from Bicolano politicians yet, that Bicolano voters will go for Leni, but Escudero’s supporters aren’t giving up that easily. The reason is that, there are approximately five million votes from that region, which can tilt a candidacy to victory easily, as many Bicolanos who run for the Senate proved in the past. Now, that vote is going to be divided as to the vice presidency, leaving Leni and Escudero without any clear advantage over other

vice presidential candidates for the 2016 elections. That could allow other candidates from other regions, like those from the so-called “Solid North” or from Mindanao, an opportunity to garner more votes. -ooo UNA’S LACK OF VICE PRESIDENTIAL BET A SIGN OF WEAKNESS: Now, attention has shifted to the United Nationalist Alliance (UNA) of Vice President and presidential candidate Jejomar C. Binay, for up to now, it has not announced its candidate for vice president yet. Talks are going around that Sen. Gregorio Honasan (another Bicolano!) will run with Binay, but nothing is definite yet even with this. I am sure Binay and UNA know that this is not going to look nice. I mean, Binay is still supposed to be the man to beat for the presidency in 2016, the surveys showing the decline in his ratings notwithstanding. So then, how come nobody seems interested to run under (or with) him? This is bound to backfire on him, as it would portray him as a potential loser even as early as now, for many

Filipinos equate the lack of candidates willing to run with a presidential aspirant as a manifestation of weakness, signifying probable loss in the elections. -ooo TRILLANES RUNNING AS VP ONLY TO DERAIL BINAY: Be that as it may, it is significant to note that Binay’s concerns about Sen. Antonio Trillanes IV running as a vice presidential candidate in the 2016 elections, even without a presidential candidate joining him, may yet prove true once again. Indeed, many believe that Trillanes is running, or is being made to run by other interested parties, to continue derailing Binay’s chances, which he pursued with evident success in the course of the Senate inquiry that was led by him and by Senators Alan Peter Cayetano and Aquilino Pimentel III for almost one year now.I would not be surprised if, in the course of the campaign, Trillanes is not going to be concerned at all about winning or losing as a vice presidential aspirant, but rather simply on gaining a platform with which he can

K akampi

Mo A ng Batas

Atty. Batas Mauricio continue demonizing Binay with allegations of corruption and other wrongdoings when he was mayor of Makati City, en route to the 2016 elections. -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way), a Bible study and prayer session on radio, airs Mondays to Fridays, 6 p.m. to 6:30 p.m., at DWAD 1098 kHz on the AM band. For replays, go to www.facebook. com/angtangingdaan or www. facebook.com/ANDKNK and scroll for “Ang Tanging Daan” broadcasts. Phone: 0922 833 43 96, 0918 574 0193, 0917 984 24 68. Email: batasmauricio@ yahoo.com.

Politics, a monster to be tamed

I

n fact, more than to be tamed, politics needs t o b e hu m a n i z e d a n d Christianized. It has to have a soul, proper to our human dignity as persons who by nature also belong to a society, and more, who are the image and likeness of God, children of his. Yes, politics touches the spiritual and supernatural dimensions of our life. It just cannot be left to the forces of purely worldly conditions-economic, social, legal, cultural, historical, etc. It has to be referred to God, our Creator who continues to govern us through his providence, with which we try our best to get it in synch. It just cannot be left alone, to be at the mercy of our instincts and passions alone. These always need purification and proper grounding and orientation that in the end could only be done if things are referred to God, and not just to some smart ideology. If our understanding of politics falls short of t h i s f u n d a m e nt a l a n d indispensable consideration, we certainly would be in trouble. There’s no other way but for it to be like a noman’s land, wild and chaotic in spite of appearances of law and order, and behaving like a juggernaut that inflicts more harm than good to everyone. Giving politics its proper

soul is not going to be easy, nor will it be finished definitively in our time. It flows with life itself, our collective life, in fact, and with all the complexities that such condition entails. But that’s the thrill and adventure of politics. We have to be wary of Godless ideologies and vague principles that seem to stimulate our political activities. Among them is that Bismarckian principle that politics is the art of the possible, the attainable or the art of the next best, without clarifying what criteria and standards are to used to follow it. If God and his laws are not g iven pr imar y consideration in this regard, that political principle would certainly produce all kinds of scenarios, not all of them moral and fitting to our human and Christian dignity. It can easily unleash Machiavellian game plans that can set aside even basic human ethics. That’s why we have been having killings, cheating, recourse to, treachery, ridiculous g immicks, dir t y t r icks and other brazen political maneuverings. It should be made clear that strictly putting God at the forefront of our political exercises does not hinder our politics. On the contrary, he will enhance it, since with him, we can always ventilate

our opinions, views and positions as freely and as openly as possible, but all within the context of charity, justice and mercy. Things simply depend on us, on how we play politics, because insofar as God in concerned, he already has given us everything for us to do politics properly. We need to realize first of all that everyone needs to pray first, and offer a lot of sacrifices for our politics, which as we are seeing these days, is getting more and more complicated due to the many issues that have to be addressed. Politics should be an object of intense prayers and sacrifice, not to mention, an ongoing formation on our political life, since politics requires as much as possible the active participation of everyone in whatever capacity and possibility one has. The very nature of politics is participative. Everyone has a role to play there, at least, to pray and offer sacrifices. Political leaders and those actively or directly involved in this field should strive to be first and last men and women of God, persons of integrity and appropriate political skills and competence. They should not be politicians just because of pedigree, or money, or fame. They should know what common good is, both temporal and eternal,

HINTS

and

Traces

Fr. Roy Cimagala because everyone functions in these dimensions of time and eternity, matter and spirit. Though politicians focus more on the temporal common good, they should also know the basics of the eternal common good, so that their work in the former would not undermine their due concern for the latter. They should be persons of deep prudence, skillful in the art of teamwork, knowing how to relate political realities to God’s plans. Political parties should have their own respective w ay s of p ol i c i ng t he i r ranks, seeing to it that their members are truly dedicated to their work, are persons of conviction, fidelity and purity of intention, and not just users, seekers and exploiters of opportunities. L et’s rememb er that politics is a noble profession, a basic human necessity given our social nature. roycimagala@gmail.com

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BPI supports young social entrepreneurs thru 1st BPI Sinag business plan competition

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A K AT I C i t y Metro Manila BPI Foundation, i n c o l l ab or ati on w it h the Atene o C enter for Social Entrepreneurship (ACSENT) and BPI Family Ka-Negosyo, today awarded young social entrepreneurs at the first ever BPI Sinag Pitch Day at the Alpha Tents in Makati City. BPI Sinag is a business

plan competition aimed at empowering young Filipino entrepreneurs with a social mission. Over 150 entries from around the Philippines were submitted to BPI Foundation, 40 of which were chosen to go through a Social Entrepreneurship Boot Camp and the best 10 going on to participate at the BPI Sinag Pitch Day. On October 6, 2015, 10

finalists was given a chance to pitch their social enterprise business plans to a panel of judges consisting of Jim Ayala, social entrepreneur and founder of Hybrid Social Solutions Inc.; Josiah Go, Chairman and Chief Marketing Strategist of Mansmith and Fielders Inc.; Chit Juan, Founder of Bank of the Philippine Islands l 6768 Ayala Avenue,

Makati City 1226 PH l (02) 816 9288 l bpifoundation. org I 2 E C HO St ore ; R am on Lopez, Go Negosyo Executive Director; Injap Sia, property developer and founder of Mang Inasal; and Mark Yu, CFO of SEAOIL Philippines. The social entrepreneurs’ business plans were judged based on the following criteria: 20%, social impact and business model; 20%, market strateg y and competitive analysis; 20, design and development plan; 20%, financial plan; 1 0 % , manage me nt and organizational plan; and 10%, pitch presentation and summary of overall business plan. Each of the top five f i n a l i s t s w a s aw a r d e d P200,000, a six-mont h mentorship, and access to the Ateneo Business Incubation Center. On top of this prize, the grand awardee also received P300,000. All the awardees will also be given access to financing options

such as crowdfunding, debt and equity and venture philanthropy. BPI Family Ka Negosyo g r a nt e d e a c h t o p f i v e awardees P100,000 worth of advertising mileage via Facebook promoted posts, a Ka Negoyso credit line of up to P300,000, and a People’s Choice Awards worth P20,000 for the finalist with the most number of “likes” on Facebook. The finalists who participated during the BPI Sinag pitch day are Kevin Philip Gayao of Agritech Mutua l L ab orator ies (AGMUL A); Her xilia Protacio and Ron Dizon of Bayani Brew Inc.; Asa Feinstein of CocoAsenso; C at her ine Pat acsi l and Tajen Sui of First Harvest; Janine Mikaella Chiong and Allister Roy C hua of Habi Footwear Fabien Courteille; Paul Andrew Orpiada and Leciel Ramos of Karaw Craftventures; Winston Fopalan, M.D. of MicroMedics; Fabien

Courteille of Plush & Play; A l v i n K i n g s on Ta n of Siglo; and Ryan Gersava of Virtualahan. The finalists come from various industries such as manufacturing and production, IT and business process outsourcing, health and wellness, and retail and trade. BPI recognizes that social enterprises are one of the sustainable ways to engage and uplift those at the bottom of the pyramid, allowing for inclusive growth. It is the goal of BPI Sinag to encourage members of the private sector to participate in the development of social enterprises as a way to create jobs and provide basic services for those in the country that need it most. “The way we do business should produce positive side effects—this isn’t simply taking a CSR approach. This requires a mindset that needs to be engrained in the way we function, in order for more people bpi/PAGE 9

Media partners: (L-R) Ginbee Go, BPI Head for Retail Loan; Jaime Agusto Zobel de Ayala, Chairman and CEO of Ayala Corporation; BPI Sinag Grand Winners Leciel Ramos and Paul Andrew Orpiada of Karaw Craftventures; Fidelina Corcuera, Executive Director of BPI Foundation; Cezar P. Consing, BPI President; Atty Jaime Holifeña, VP for Social Development, Ateneo de Manila University.


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CorporateWorld

TVI Pacific’s affiliate revives IPO plan THE Philippine affiliate of Canadian miner TVI Pacific, Inc. has formally revived a plan to go public with a P1.51billion maiden share sale slated next month that will bring its gold and silver mine in Mindanao into commercial production. In a prospectus filed with the Securities and Exchange C om m i ss i on ( SE C ) on Wednesday, TVI Resource Development Phils., Inc. (TVIRD) is selling up to 408.032 million shares at a ceiling price of P3.71 apiece. The offer shares consist of up to 272.021 million primary shares and up to 136.011 million existing shares held by Prime Resources Holdings, Inc. and TVI International Marketing Limited. PRHI and TVI International have a 68.42% and 30.69% interest in the miner. Su bj e c t to s e c u r i ng pre-requisite regulator y approvals, the offer period will commence on Dec. 7 and end on Dec. 11, with pricing for the initial public offering (IPO) to be set on Nov. 26. The shares are targeted to be listed on the Main Board of the Philippine Stock Exchange on Dec. 18. BDO Capital & Investment Corp. was mandated as the issue manager and lead

underwriter of the IPO. Proceeds from the primar y offer will fund capital expenditures for the construction, development and operation of the Balabag G ol d - Si lve r Proj e c t i n Zamboanga del Sur, which is in the final stages of the permitting process. The two biggest capital items of the project -- plant and mill infrastructure, and tailings storage facility -represent 78% of the total investment. Straddling the municipalities of Guinoman and Diplahan in Zamboanga del Sur, the Balabag mine has measured indicated resources of 2.5 million tonnes averaging 1.8 grams per tonne gold and 47.8 gram per tonne silver for 213,000 ounces of gold equivalent, according to a Philippine Mineral Reporting Code (PMRC)-compliant report. The ore reserve developed from this resource amounts to 1.35 million tonnes at 2.5 g/t gold and 68.3 g/t silver for 153,000 ounces of gold equivalent all from proven and probable category ores. The deposit is situated within a 4,779-hectare area, approximately 75 kilometers from the Canatuan mines IPO/PAGE 9

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Ford Philippines posts record sales in Sept

F

ORD Philippines on Tuesday said sales surged 52% to an alltime high of 3,065 units in September, driven by strong demand for its newly launched mid-sized sports utility vehicle (SUV) Everest. In a statement, Ford Philippines said third quarter sales rose 10% to reach 6,254 units, which it said was its best-ever quarterly performance. This brought January-

September sales figures to 16,681, a 15% improvement from the same period last year. Kay Har t, managing director of Ford Philippines, said the new Everest “helped drive phenomenal growth for the month.” The Everest alone accounted for almost half of September’s sold units, with 1,341 retail sales, the highest ever monthly total for any Ford nameplate. Ford also reported an 18%

Ford Everest

jump in sales of the Ranger in September to 902 units,

bringing year-to-date sales to 6,149 units.

After six years of advocating IP peering

Globe to PLDT: Only total, unconditional peering is acceptable GLOBE Telecom confirmed it is currently in talks with PLDT for an IP peering arrangement but laments P L D T ’s p r o p o s a l w i l l prevent Globe customers from accessing content and applications hosted by PLDT data centers (which includes ePLDT, Vitro, Sun, Smart,

etc.) “The proposal does not go far enough even to meet the definition of peering. We are hoping any bilateral arrangement with PLDT would effectively reduce latency of local intent and improve internet speed. As is, PLDT’s proposed

peering agreement won’t be effective in improving the country’s internet speed as it doesn’t allow Globe customers to directly access content and applications hosted by the PLDT group without exception,” Globe Chief Operating Officer Gil Genio said.

Globe has already pointed this out to PLDT executives, who will look at the possibility of revising their proposal. “Having an agreement on IP peering is one thing and monitoring to make sure all websites, content and applications are in fact visible peering/PAGE 9


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Capgemini and Fortinet sign a Global Frame and Alliance Partner Agreement to Deliver Cybersecurity Services to the Enterprise Market Taguig, Philippines – Capgemini (EPA:CAP), one of the world’s foremost providers of consulting, technology and outsourcing services today announced a global alliance partner relationship with Fortinet® (NASDAQ: FTNT), a leader in high performance cybersecurity solutions. Through this relationship Capgemini will further reinforce its cybersecurity services portfolio leveraging Fortinet products to help reduce customer cybersecurity costs and increase the resilience of clients’ infrastructure and applications. This alliance allows enterprise organizations to benefit from the combination of Fortinet’s expertise in innovative and effective security products and Capgemini’s

BSP...

from page 2

of the bank/QB and its board of directors. Banks and QBs that meet the pre-qualification criteria including capital adequacy requirements shall be qualified to declare and pay dividends without prior Bangko Sentral verification. The BSP said any bank or QB that misrepresents or does not comply with the amended regulations on dividend declaration shall be reverted back to the “prior Bangko Sentral verification”. (APB/PIA-10)

Hurst... from page 4

reach our potential He created in us. It’s kind of like being pregnant: either you have another person’s life in you or you don’t. You cannot be just a little pregnant. Neither can you have Jesus living in you only part-time once or twice a week. So today, won’t you ask Jesus to forgive you and take full charge of your heart and lifestyle every day for the rest of your life? Jesus is both to die for and live for. Just Think a Minute…

BPI...

from page 6

to become beneficiaries of the business—shareholders, clients, employees,” said BPI President and CEO Cezar P. Consing. The BPI Sinag Pitch Day also included a discussion on how t he public and private sectors how inclusive social development should e n a b l e t h e y out h . T h e discussion panel included C h ai r m an an d C E O of Ayala Corporation Jaime Augusto Zobel de Ayala, P re s i d e nt a n d C E O of

cybersecurity services, on a global scale. Together Capgemini and Fortinet will provide new packaged cybersecurity services such as web application security, security for new generation datacenters SDDC (softwaredefined datacenters[1]), and Security Operation Centers specialized in Advanced Data Analysis (3rd generation capabilities) to help enterprise customers to detect and react to sophisticated cyber attacks. Capgemini will work with Fortinet as a key partner, within its ecosystem of security product suppliers, to deliver physical and virtualized security protection and security supervision services. Fortinet’s product portfolio - including FortiWeb™ web application firewalls, FortiGate® network security

R F M C or p or at i on Jo e y Concepcion, Professor of Economics and head of the USAID Trade-Related Assistance for Development (TRADE) Project Dr. Cielito Habito, DTI Undersecretary Zeny Maglaya and founder and CEO of AVA Online Group Oliver Segovia.

IPO... from page 7

previously operated by the company. Upon approval, TVIRD will commence on-site construction work with a plan to build a gold-silver processing plant, open pit and a tailings dam over the near term. The Philippine miner had said in August it could pursue its IPO this year, thanks to strong output from its Agata mine. Depressed commodity prices prompted TVIRD in April to consider deferring its first-time share sale. Aside from Balabag, TVIRD owns the Agata nickel laterite project within the Surigao mining area. It is a major nickel producing region that provides ore to processing plants in Australia, China, Korea and Japan. TVIRD joins the roster of IPO hopefuls seeking to tap the equity market this year. They are D.M. Wenceslao & Associates, Inc. (P21.7 billion), Metro Retail Stores Group, Inc. (P6.17 billion), DATEM, Inc. (P4.66 billion), Pointwest Technologies Corp. (P2.09 billion), Philippine Primark Properties, Inc. (P1.2 billion), Italpinas Development Corp. (P242 million); Gweilo Corp. (P95 million); Philstocks Financial, Inc. (P190 million); and Green Power Panay Philippines, Inc. (P290 million). Only two firms -- Crown Asia Chemicals Corp. and SBS Philippines Corp. -- have joined the PSE this year.

appliances, and FortiDDoS™ Distributed Denial of Service attack mitigation appliances - will help to protect applications, provide security services for clouds and datacenters.. These products will be part of Capgemini’s tailored security services for infrastructure, applications and network protection, aiming to deliver flexibility, better performance and to reduce total cost of ownership to enterprise customers. Beyond technology integration, the agreement also covers human expertise with the training of 300 Capgemini engineers around the world to Fortinet’s eight-level certification program. Capgemini and Fortinet already work together to deploy security solutions across HM Revenue and Customs (HMRC) estate in the

Peering... from page 7

to u s i s an ot h e r t h i ng and should be a constant process,” he said. B oth parties should ensure that an ideal peering relationship is established, adding that IP peering entails generally accepted practices of peering where one has access to the other and vice versa, unconditionally. No n e t h e l e s s , G e n i o s t r e s s e d t h a t P L D T ’s decision to bring the issue at the negotiating table is commendable, noting that Globe has been actively advocating for IP peering for more than six years now. “We are optimistic as PLDT has finally responded positively to our long-standing call for IP peering. We are confident that ongoing discussions will lead to better quality of internet services benefitting customers of both parties and the country as a whole,” he said. Globe earlier emphasized that an all-inclusive IP peering arrangement a m o n g m aj o r i nt e r n e t ser vice providers in the count r y is st i l l ne e de d to b o ost lo ca l inter net speed, following PLDT’s recent decision to host a local IP peering exchange, Philippine Open Internet Exchange (PHOpenIX). PLDT’s arrangement with PHOpenIX does not require the dominant carrier to exchange traffic with other ISPs via the local Internet e xc h ange . Ins t e a d , t h e deal will only allow PLDT clients to p eer directly with government websites through the PHOpenIX. About 20% of internet traffic is local. This means that domestic traffic originates in the Philippines and terminates

UK. Franck Greverie, Global Head of Cybersecurity at Capgemini Group: “Not a month goes by without news of a cybersecurity attack in the mainstream media. With this increasing threat to enterprises and consumers alike we want to provide the highest security protection and security supervision services to meet these challenges. We are delighted to be working with one of the most innovative, fastest growing, and largest security companies worldwide, which allows us to offer the best level of security to our enterprise customers and further strengthens our market position, since the launch of our Cybersecurity Global Service Line at the start of this year. Drawing on Fortinet technology this alliance

in the Philippines. However, given the current peering limitations, up to 70% of this local traffic has to be routed outside the country, such as in Asia, US and Europe, before returning to the Philippines. When traffic is routed outwards, it incurs additional IP transit costs aside from causing delay in data transmission and latency in downloading sites. Research released by We Are Social (based on Internet Live Stats, Internet World Starts, government data, TenCent Worlddata, GSMA Intelligence, We Are Social Analysis), about 44% or 44.2 million of the Philippine population are active internet users as of March 2015. The number represents an 18% growth from January 2014. Also, about 42% or 42 million are active social media users. This number represents a 24% growth from January 2014. An all-inclusive IP peering arrangement among ISPs will keep a substantial portion of local data traffic local which means access time is shorter and faster. It is expected to benefit customers with better experience and reduce delays in customer applications such as games, Genio explained, noting that IP peering arrangement in developed economies usually covers all data traffic of ISPs concerned. If implemented, such arrangement will encourage multinational companies to locate their websites, ser vices and businesses i n t h e c o u n t r y. S u c h facility will also ease the country’s dependence on International cables and improve data resiliency, he added.

partnership will strengthen our application and infrastructure security services.” Ken Xie, CEO of Fortinet: “Enterprises must address the challenge of protecting their most valuable business assets, including data and applications. Our partnership with Capgemini is a strategic one, allowing us to join forces to combine advanced technologies with human intelligence and expertise in order to provide broad and adaptive security solutions to the enterprise market. Through our close collaboration, we will be able to support Capgemini’s enterprise customers in their global projects, to help protect them against a highly complex threat landscape, and evolve their security posture to a business environment in constant change.”

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011


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2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

thu-fri|october 8-9, 2015

Investment... from page 1

are encouraging their businessmen to seize investment opportunities overseas, specifically in Mindanao. “I’m also from the investment board of Indonesia. It is also part of our job to encourage the business people to invest overseas. Mindanao can be a good investment destination,” he said. He lauded the initiative of putting up Ecofusion, a one-stop center that houses various products of Mindanao and Palawan, and has vital information on the investment potentials of both islands. Ecofusion, which was launched in partnership with Davao Ecocrafts Association Inc., represents the three major development principles of the sub-region’s commitments such as ecological balance, eco-tourism and economic development. Purnomo cited the role of the private sector in giving local products the much needed promotion so these can be upscaled for export. Facilities such as the Ecofusion can be a good start to encourage them to sit down and discuss possible partnerships, he said. “It is not easy to engage them in a formal meeting, not easy to invite them. Some of them are quite happy with the domestic demand and they have little interest to export because our domestic demand is quite big but through EAGA, we would like to let them know that if you can do, let’s say, business with Philippines, Malaysia, and

Brunei, then people will be encouraged to do international business,” he said. The official added he envisions a free flow of goods among BIMP-EAGA nations, which is now being undertaken by the transportation cluster. “We believe that each and every country can benefit from the EAGA. We would like to pursue our national interest but we need to listen from the provincial level. What are the many interests and goals that can be achieved through our national interests,” Purnomo said. The transport cluster’s discussion might result in opening up of more routes but local governments must identify what their potentials are for export and the needed products for import, he said. “The idea is how we can become more open to potential opportunities. But it takes two to tango, from our side, we need to work closer to our local government,” he said. He said they have yet to come up with a timetable as to when the free flow of goods and investments should take place in the BIMP-EAGA.

Huwaran... from page 1

in English tentatively, 59-year old Mang Conrado believes the CCT program of the Social Welfare Department is no magic pill. He has raised his four daughters for 10 years now with some help from the program. His wife died from post partum depression two months after she gave birth to their youngest. He remains single to this day and

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

(SGD.) MIRABEAUS A. UNDALOK Presiding Judge

BWM: October 2, 9 & 16, 2015

has no plan of getting married again. His prority now is to make sure his four children religiously go to school. He has an impressive organic pinakbet garden and raises livestock such as chickens, goats and pigs. He encourages other families in the community to do the same. “Yung sa baboy po. Yung mga biik ay ipagkakaloob ko sa ibang mga tatay para mapalaki nila ito at padamihin din.” Mang Conrado said selling pigs will help them eke out a living. His kids sells vegetables in the market three to four times a month. “Yung kita po, we divide among us para sa aming personal na pangangailangan,” said the eldest Hazel who is in 3rd year college taking up BS Angriculture Major in Animal Science as a scholar at Mariano Marcos State University. She wants to be an agriculturist someday like her father. She admits that the cash his father gets from DSWD’s 4Ps as a beneficiary is not enough but the latter makes sure it is spent for their educational needs. The family bested four others - two pastors and two other ‘organic’ farmers from Antique, Bohol, Benguet, and Laguna. The five finalists were chosen from a roster of regional winners. “Balang araw aahon din kami sa hirap. Uunti unti nang naiibsan ang hirap namin dahil nakakapagaral na ang mga anak ko.” Mang Conrado received a trophy and P30,000 cash prize on top of his P20,00 reward as regional winner. He

intends to use some amount to start his piggery to help other fathers start theirs. The annual search is now on its 4th year. “Like what Mang Conrado has shown, the search is looking for that family that embodies resiliency, faith and hope for a better future. Hindi lang umaasa kundi nagsisipag. He has this quiet strength and is very hardworking,” said Christina Gates, a clinical psychologist who served as one of the national judges. The presentation of the regional finalists and proclamation of the grand winner was the highlight of the National Family Day celebration on Sunday, October 4 at the Philippine Sports Arena formerly Ultra which was attended by thousands of CCT beneficiaries. DSWD is working on the passage of the bill that will make the CCT a law. Addressing the crowd, Secretary Dinky Soliman called for public support.

Solar... from page 1

in south-central Mindanao, one in western Mindanao, six in the Northern Mindanao Region, four in the Davao Region, and one each in the Caraga Region and the Autonomous Region in Muslim Mindanao. Of the eight pending projects, three are in Northern Mindanao, three in south-central Mindanao, one in the Davao Region, and another in the Caraga Region. Majority of the planned projects are small-scale with the smallest

having a capacity of 2.5 MW and the biggest at 60 MW. Among the big projects are Ark Green Dynamic Resources’ 60-MW facility in Claveria, Misamis Oriental and Lohas and Soul Lighting Inc.’s in Jasaan, Misamis Oriental. The potential of solar energy in Mindanao is huge, said Fortunato S. Sibuyan, chief of the Solar and Wind Energy Management Division of the Renewable Energy Bureau of the DoE, because “it is near the equator.” Mr. Sibuyan was among the resource persons for an assessment of the southern island’s solar potential conducted by the International Renewable Energy Agency last week. Romeo M. Montenegro, head of MinDA’s public affairs division, told BusinessWeek Mindanao the agency is pushing to have all these projects completed within the next five years so that the power mix will not be tilted so heavily in favor of fossil fuel. “We need these to be completed as soon as possible because by 2018, the power mix will be about 70% fossil fuels,” said Mr. Montenegro, citing the opening of several new coal-fired power plants in various parts of Mindanao. At present, the power mix in Mindanao is still in favor of renewable energy because the two hydroelectric complexes in Agus and Pulangi continue to supply about 70% of the total power requirement despite their deteriorating capacities. MinDA has established a Webbased one-stop facilitation center for green projects to shorten the

11

2014 ppi’S Best in ENVIRONMENTAL Reporting

application process as well as ensure that companies will not delay the implementation of their approved proposals. EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS AND QUITCLAIM Notice is hereby given that the intestate estate of the late CAMILO T. OBGUIA, who died intestate without leaving any will and no known debts which have not been settled up to this time and left a parcel of land situated at Villa Flora Subd. Cugman Cagayan de Oro and registered under TCT No. 73859, identified as Lot 30, Block No. 29 Survey No. 2452023 of the Registry of Deeds of Cagayan de Oro; That the above-named parties have agreed as they hereby agree to the partition and adjudication of the above-described property, their respective shares, interest and participation extra-judicially among themselves; WHEREAS, said CHUCK RYAN A. OBGUIA, have agreed to waive all his rights and interests over all his share of the above-described property in favor of his mother REGINA A. OBGUIA, Filipino, of legal age, widow and residing at B29 L30 Villa Flora Subd. Cugman Cagayan de Oro; NOW THEREFORE, for aforecited consideration, and by virtue of these presents, said CHUCK RYAN A. OBGUIA, do hereby WAIVE, RENOUNCE and QUITCLAIM in favor of his mother REGINA A. OBGUIA , her heirs, assigns and successors-in-interest, all his rights and interest in his share of the above described property, for all legal intents and purposes; is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS AND QUITCLAIM under the notary public of Atty. MANUEL J. ADLAWAN , As per Doc. No. 71; Page No.15 ;Book No. XXX1; Series of 2015. BWM: Sept. 25 Oct. 2 & 9, 2015

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 Allen 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 Allen 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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2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper thu-fri | october 8-9, 2015

2014 ppi’S Best in ENVIRONMENTAL Reporting

Editor: SHAUN ALEJANDRAE YAP UY

B1

Beauty & Curls:

Mirangcurl opens at SM City CDO Story & Photos by SHAUN UY

The newest Korea Hair Salon – Mirangcurl recently opened its doors to the public at the SM City Cagayan de Oro. “Mi” in Korea means beauty. According to the salon’s Head Manager, Joy Jung, Mirangcurl literally means Beauty and Curl. The salon’s mood gives clients the feel of serenity through the mix light and earth colors that dominate the place, with a relaxing reading area for those who wait for their turn. Mirangcurl at SM City CDO caters to hairstyling, make-up, nail art, and perm. Former CDO beauty title holder, Kris Jamelano, had the chance to experience how to be styled at Mirangcurl. Kris says that stylist, Amy Kang, “was very intricate in cutting” her hair and that she could see the experience that the stylist has with her. Kris also revealed that language wasn’t an issue, as Amy Kang was conversational and guided her throughout the styling. Mirangcurl’s friendly staff keeps you at ease in the cozy salon. To date, Mirangcurl at SM City Cagayan de Oro already has quite a following. Visit Mirangcurl at the 2nd level of SM City Cagayan de Oro, like them on facebook: Mirangcurl in CDO

Kris gets her... bangs... at the Mirangcurl Korea Hair Salon, SM City CDO

(from left) Mirangcurl SM City CDO Head Manager Joy Jung, stylist Amy Kang, and SM City CDO PR Manager Ivy Guantero share a light moment scanning through the style book Choose from different nail art designs!

Mirangcurl SM City CDO stylist Amy Kang and Kris share a chit-chat during the styling...

(from left) Mirangcurl SM City CDO stylist Amy Kang, Kris, Head Manager Joy Jung, and SM City CDO PR Manager Ivy Guantero in a photo op


BusinessWeek MINDANAO

B2

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Arts&Culture

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Photo contest to capture Filipino spirit of volunteerism by APIPA P. BAGUMBARAN, PIA-10

T

he Philippine National Volunteer Service Coordinating Agency (PNVSCA) is inviting qualified professional and amateur photographers to join the “Volunteerism for Development” Photo Contest.

As part of the 2015 National Volunteer Month celebration, the photo contest aims to showcase pictures of volunteerism in action and capture the contributions of volunteerism in the development of the country. The contest is open to all Filipino nationals, 18 years old and above, and currently residing in the Philippines at the time of submission of entry. Participants may submit a maximum of two entries. Each entry must have a photo title, in English or Pilipino, including information on the place where the photo was taken, date when the photo was taken, and a short description of what the photo is about. Entries must be submitted in a sealed envelope containing the completed entry form, digital copy of the entry stored in CD/DVD, and printed copy in 5R size with the name and signature of the LEADERS from Page B4... STRONG. We need strong but compassionate leaders. Compassionate that they could empathize with their people but strong that they could decisively uphold the law when necessary while keeping their composure under much pressure for the good of the majority if not for everyone. When people depend on you, you simply cannot be weak and indecisive. HEALTHCARE. Say, the public hospitals, make them the best hospitals in the country or city with the best doctors and the best nurses with high paying salaries, free medicines for the poor, latest state-of-the-art technologies and all the best services that even you yourself would be willing to go there when you don't feel so well. In the US, public hospitals are good because of the efficient and proactive government. EDUCATION. Public schools must at the very least be clean. Renovate and make them more environment friendly for the kids. Put some grass, flowers, plants, trees, water fountains, a good canteen with healthy food, playgrounds, state-of-the-art facilities and so on. Give the teachers high salaries and give them on time so that they would feel financially secured and in turn get more motivated with their noble jobs. Quality education is very important. ECONOMY. Provide more than enough jobs for the people. It is very important to support local manufacturers and strengthen

participant at the back. All entries must be submitted to Joselito C. De Vera, executive director, Philippine National Volunteer Service Coordinating Agency (PNVSCA), Ground Floor, Philippine Sugar Center Building, North Avenue, Diliman, Quezon City. Entries will be judged based on the following criteria: story/relevance, 50%; creativity, 30%; and impact, 20%. Winners will receive Certificates of Recognition and cash prizes of P10,000 for the first prize, P6,000 for the second prize, and P4,000 for the third prize. Entry forms and guidelines may be downloaded at the PNVSCA website at www.pnvsca.gov.ph. Deadline of submission of entries is on October 30, 2015. (APB/PIA-10)

the supply chain because they provide a lot of jobs to the people and they bring down the costs of production. Aside from providing jobs, these local companies would bring in more income by exporting their products to the world. It is equally important to attract more foreign investors because they not only provide higher paying jobs to a huge number of people but they also indirectly force local competitors to develop their own systems to deliver better services to the people. It is also important to teach the people and make it easy for them to become entrepreneurs and start businesses that they love. Teach and guide them especially the ones who weren't able to graduate from college. INFRASTRUCTURE. Economic growth will be very limited without developing the infrastructure. What is infrastructure? It is basically the buildings, road networks, public utilities, etc. This should go hand in hand with urban and rural planning. Buildings, old and new, must comply with safety standards that would withstand earthquakes, PWD friendly, etc. There must be an efficient mass public transportation system. Road networks must make it easy for people to go around the country or city without much traffic. Goods from farms and other industrial areas must be able to reach their intended destinations without delays. Emergency vehicles like ambulances, firetrucks, police, etc. must have unobstructed passage ways at all times. There must be cctv cameras in every corner of the area of responsibility. Internet

service must be fast at all times. Electricity must be stable and online at all times. And the list goes on... CLEANLINESS. Cleanliness is very important to the health of the people. I mean, make your country or city very clean so that everyone could breathe some fresh air. Clean what's in front of you. I always pass by stores by the road or houses with so many garbages in front. There should be laws with strict implementation to clean your surroundings and stiff penalties for not abiding by them. TOURISM. Develop and promote tourism in your areas. What's currently there in your area that people from other places would look forward to visit for family vacations? Create something special out of nothing or develop existing natural terrains. Package them, put value into something beautiful, make them world class and promote them to the world. These will generate a lot of income for local businesses and provide more hospitality jobs for the people. BEAUTIFICATION. I love nature and parks. It would be nice for a country or city to have parks wherein you can actually have fun and relax with your respective families. Imagine a park with greeneries, colorful flowers, water fountain, ice cream carts, balloons, photographers, beautiful music, comfortable and clean benches, families having picnics, safe, laughing, and having fun. Just imagine it... It's very much possible. COMMUNICATION. It is very important to talk to the people. Ask them what they need, what

they want or how they are feeling. would be a whole different story if Ask them so you will understand you would steal from the coffers them so you would know what to of the government to satisfy your do and how to deal with them. Tell cravings. Well, we can't blame some them that as their leader, even if people nowadays because of how sometimes what you're doing seems bad corruption is these days but wrong to them, that they should people must also understand that trust you that what you're doing not all politicians are corrupt and is for the good of everyone. But some of them were already living a it is very important to make them certain lifestyle even before getting understand your actions and explain elected into office because of their to them comprehensively. Be genuine passion to help other honest with your people even if it people. I believe that we must not would hurt sometimes, they would lower our standards just to please appreciate you more. other people; instead, we must BE YOURSELF. Never change continuously improve ourselves that your self because changing your we may inspire others to improve self is a useless sacrifice wherein themselves as well. you will eventually lose your self. Yes, I love politics. When you do this, you will lose Quote of the day... "If your your own happiness then you will actions inspire others to dream feel really bad about it and in turn more, to learn more, do more and you would not be able to function become more, you are a leader." well as a leader. For instance, I am a ~ John Quincy Adams ordinary citizen but I love traveling, I love everything beautiful, I love To read more about buying luxury things and I always politics, visit www. fix myself to look good. What if EmpressMichelleFrancisco.com for some reason, I get elected for a government position? I cannot all of a sudden change myself to a Love, different person from who I am now just because people might think that I'm using taxpayers' money. I would not stop traveling and enjoying life because people might think I'm using their money. No, I would never change myself because You can follow me at these social media: once I start changing myself or https://www.facebook.com/groups/ sacrificing my happiness, I would EmpressMichelleFrancisco not be able to do my job well. As https://www.facebook.com/EmpressMCF I've said, love and make yourself happy first because if you don't, you https://instagram.com/ empressmichellefrancisco cannot give what you do not have and you would not even be capable https://twitter.com/empressmcf of helping others. Of course, it

M


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BusinessWeek MINDANAO

2013 PPI’S BEST IN BUSINESS AND ECONOMIC REPORTING

YOUR DAILY MINDANAO-WIDE BUSINESS NEWSPAPER THU-FRI | OCTOBER 8-9, 2015

2014 PPI’S BEST IN ENVIRONMENTAL REPORTING B4

Section Editor: SHAUN ALEJANDRAE YAP UY

MyPhone opens the What Makes A Good Leader First-ever Selfie Store! EMPRESS M MyPhone will surely make your mobile phone shopping more fun with the first-ever MyPhone Selfie Store, at Cyberzone SM Mall of Asia, launched last October 4. The said launch was attended by MyPhone endorsers Devon Seron and Kyle Vergara. Other guest stars were StarStruck’s Faith de Silva, and heartthrobs Brandon Bautista and Vince Soriano. Also present in the event were the MyPhone Team headed by its CEO and President David Lim, Dealers Leo and Ellen Bernardino, and MyPhone Selfie Store designer contemporary artist Leeroy New. The store’s aim is to invite more people to visit the store and take their selfies in it. In a country known as the selfie capital of the world, customers would definitely try to get their wackiest shots taken in each stores distinct images. His experiential concept on the store design will definitely give people an out of this world selfie experience. The main aim of the brand in creating these kinds of stores is to help promote young Filipino artists, which had been one of the company’s advocacies ever since. Given that different artists will be working on each of the store, there would be no similarities on their looks. The only connection these MyPhone stores have is its Filipino heart shown in each of the crafts, complementing the heart embedded on the products it sells. The Selfie store is not just a feast for the eyes, but for your ears and mind as well. Rather than playing music, the store has a bunch of trivia for its visitors featuring exclusive contents from the MyPhone Pinoy App. Visitors will get to learn chunks of the country's history and culture by simply listening from the wide variety of audio trivia clips. Contents played will vary from the most vital parts of the Philippine history, its heroes and famous artists, down to the local riddles or Bugtong and the famous cheesy pickup lines. “With the help of our homegrown artists, we will be able to make the MyPhone Selfie store an image of the Philippines, everything beautiful in it. It will be about MyPhone and the heart embedded in it,” shared MyPhone CEO David S. Lim. The MyPhone Selfie store in SM Mall of Asia will not be the last store to be transformed into an artistic hub. MyPhone will be creating other selfie stores in major cities and provinces in the Philippines to promote the local art scene, and to continue its aim of uplifting the Filipino Pride. MyPhone will also have its MyPhone Selfie Store Contest. Just by taking selfies inside the stores and uploading it online, you’ll have the chance to win a MyPhone RIO Pixie. Visits facebook. com/myphone for more details.

by

Michelle Francisco

www.EmpressMichelleFrancisco.com

The MyPhone Team having a Selfie

MyPhone Team Dream Team (left to right) Leo and Ellen Bernardinao, SGI Chairman Emeritus Atty. Elena Lim, contemporary artist Leeroy New, and MyPhone CEO David Lim and wife Julia Lim

MyPhone Selfie Store Artist Leeroy New (third from left) with the MyPhone Stars

MyPhone Endorsers Devon Seron and Kyle Vergara, with Guest Star Faith de Silva and MyPhone VP-Marketing Richard De Quina

S

ince the filing of certificates of candidacy for the May 9, 2016 election is already next week, it's time for me to lightly touch politics in today's article. Whenever I start talking about politics, everyone keeps quiet and listens. Maybe because they think that all I know is to cook and go shopping or maybe because I am still young? Little did they know that I am a lot more than that. Whenever I talk about politics, I naturally do it very passionately with confidence and vigor that those who are listening usually becomes bewildered, initially intimidated or some couldn't grasp what I am talking about at first but they eventually reach the point of enlightenment and end-up agreeing with me. It is also seldom that I get to talk with older people who understand my point. Maybe their views are more conservative and mine are more advanced? So, what are the traits of a good leader? I can go on and on and on but here are just SOME OF MY THOUGHTS... LOVE. A great leader must know the true meaning of the word, LOVE. In everything that he/she would be doing, there's only one word to remember so that he/she could do everything perfectly. Love for your God, love for your self, love for your family, love for others, love for your country and so on. When you are full of LOVE, you feel good, you radiate happiness, you can

give love and share it with everyone. After all, you cannot give what you do not have. Without LOVE, you couldn't possibly do anything. Because of LOVE for something, something great manifests. VISION. It is very important for a leader to have a big and clear vision for his/her country or city. I hear people say, "This certain politician is very simple because he/she just wears shorts and slippers." Well, that's okay. I wear slippers all the time. I am simple but my visions are not simple. There's a big difference. So, when a certain politician have simple visions, then what would manifest or what you would see in his works are also simple. In short, when you have a leader who's vision for his/her country or city is so small, what do you think would happen to his/her country or city? There would be only small developments in terms of education, healthcare, cleanliness, economy, jobs and so on. What we need are leaders who think big and who want the best of the best for the people, nothing less. We need leaders who would be willing to send their children and/or their grandchildren in their public schools, be willing to be hospitalized in their public hospitals, be willing to bring their own families in their public amusement parks and recreational facilities, etc. Otherwise, they are just delivering mediocre services to the people.

LEADERS

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BusinessWeek Mindanao (October 8-9, 2015)  

BusinessWeek Mindanao (October 8-9, 2015)

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