BusinessWeek Mindanao (September 20, 2013)

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Briefly Rebuilding Zambo M A L ACA N A N G a s sure d on Wednesday that the government is committed to helping Zamboanga City residents in rebuilding their city, particularly those who lost their homes.

The Aquino administration is ready to provide the victims of the Zamboanga Cit y violence especially people whose homes were d e s t r oye d by t h e M oro National Liberation Front (MNLF).

“Certainly, itong nangyari sa Zamboanga, in general, kailangan nila ng ating tulong, ng ating national government.

At tayo ay handang tumulong sa kanila,” Presidential spokesman Edwin Lacierda said in a press briefing in Malacanang.

M’danao spot market set for launch today RELIABLE

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IN-DEPTH

By MYRNA VELASCO, Contributor

HILE still addressing hurdles on the dispatch protocol, the Philippine Electricity Market Corporation (PEMC) is set to launch today (Sept. 20) the long-anticipated Interim Mindanao Electricity Market (IMEM) which may soak up un-contracted capacities that could help shore up supply in the energy-scrimping grid.

The design of t he Mindanao electricity market will be slightly modified because the distribution utilities (DUs) will be the one s fore c a s t i n g t he i r demand; and which will then be telling the market the volume they need.

The DUs can then decide to purchase their supply from market/PAGE B11

Friday - September 20, 2013

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Caraga’s 2012 growth posts 10.6% in 2012

By PAT SAMONTE

BUTUAN City -- Caraga Region has topped its pr ior yea r’s economic performance in terms of growth rates by registering 10.6 percent in 2012.

In a statement, Depa r t ment of Tr ade and Industry in Caraga Regional Director Brielgo Pagaran announced that Region 13’s 10.6 percent growth was surpassed only

by Region 9’s 12.4 percent growth rate.

Caraga’s Gross Regional Domestic Product (GRDP) or the total volume of economic production not only posted increasing amounts but also increasing growth rates for the past three years.

Pagaran disclosed that from P98.23 billion in 2010 and P108.44 billion in 2011, Caraga’s GRDP grew to P122.46 billion in 2012.

For the period 20102011, Caraga’s 8.5 percent growth rate was number

one beating the other 16 regions and way above the national average of only 3.6 percent, he said.

Pagaran said the biggest contributor to the region’s GRDP is the service sector and in terms of specific sources for 2012, the top three contributors included agriculture and forestry (21.4 percent), transport, storage and communication (15.9 percent) and mining Caraga/PAGE B11

Normin stakeholders draft strategies for biodiversity

River dike THE first phase of the Japan International Cooperation Agency (JICA) river dike project will take off soon here.

This was revealed by the representatives of the Department of Public Works and Highways (DPWH) during the recent joint committees on finance, on tourism and on public works.

The DPWH was among those invited by the joint c o m m i t te e s c h a i r e d by Councilors President D. Elipe, Lourdes Candy Darimbang and Alden Bacal, respectively, to shed light on projects being implemented in the city.

DPWH engineers said the Notice of Award was given last August 28. The needed equipment and materials are already in place at the project site.

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By BUTCH D. ENERIO, Correspondent

BACK TO NORMAL. With the situation improving entering the 12th day of the bloody siege, commercial flights to and out of Zamboanga City started yesterday.

PH competitiveness intact despite ‘hiccup’

By LOVELY MAE CASENAS, Staff Member

THE Department of Trade and Industry (DTI) yesterday said the two-week-long armed conflict between the Moro National Liberation Front (MNLF) and government troops will neither make

a dent on trade nor on the competitiveness of the entire country as an investment destination.

“What is going on in Zamboanga is really just a hiccup,” Trade Secretary

Gregory L. Domingo said.

“There may be temporary n e g a t i v e e f f e c t s ,” b u t Domingo said, “Once the situation stabilizes, in months it is forgotten” similar to other incidents in the past. intact/PAGE B11

Mindanao Daily NEWS

“AT the latest, by 2020, biod iversit y ( biolog ica l diversity) values have been integrated into national and local development and poverty reduction strategies and planning processes and are being incorporated into nationa l accounting, as appropriate, and reporting system.”

This is one of t he targets that stakeholders in Northern Mindanao, during a work shop, which was conducted by the Department of Environment and Natural Resources (DENR), focused on and crafted strategies

to add ress t he state of biodiversity in this part of the island.

The workshop in consonance w it h t he Philippines’s involvement in the Convention on Biological Diversity, in 2010 in Nagoya, Japan, which adopted a 10 year strategic plan, and outlined achievable targets better known as the Aichi Biodiversity Targets.

The strategic plan is to inspire broad-based action in support of biodiversity in the next decade by all countries and stakeholders normin/PAGE B11

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2 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Cheng Ordoñez , e-mail- cheng.ordonez@gmail.com

Economy

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PH investors keep PNG tuna industry vibrant

By Bong Sarmiento

GENERAL SANTOS CITY — Philippine companies are flexing their muscles in Papua New Guinea (PNG), operating the largest purse seine fishing fleet and biggest tuna canning factory in the Pacific island state.

PNG Fisheries a nd Marine Minister Mao Z e m i n g a c k now le d ge d t he contribution of t he

Philippines to the growth of his country’s tuna industry.

“We a re indebted to the Philippine government

and the pioneer Filipino compa nies a nd t heir ingenuity in investing and ply ing their capital and know-how in the six tuna f ish i ng a nd processi ng business in PNG,” he said in recent statement issued here.

L oca l t u na t ycoon Rodrigo Rivera Sr., owner of RD Corp., pioneered the Philippine tuna investment foray in the island state by signing an agreement with the PNG government in 1995.

After almost two decades, RD Corp.’s investments in PNG now i nclude t u na fishing and cannery, can making, fish meal, shipyard/ tuna/PAGE B9

Several business establishments along La Purisima in Zamboanga City start opening on Sept. 17, 2013, after being closed for a week due to the standoff. mindanews photo

BSP: Fed decision to maintain key rates positive for EMs MANILA -- The Federal Open Market Committee’s (FOMC) decision not to cut the Federal Reserve’s bondbuying program yet was welcomed by the Bangko Sentral ng Pilipinas (BSP), saying this will further boost risk appetite in emerging markets like the Philippines.

The FOMC, in a statement released after a two-day policy meeting that ended Thursday morning

(Manila time), said recent improvements in the US economy have been observed but this is not enough to support long-term goals.

T hu s , t h e Fe d w i l l continue its US$ 85-billion m ont h l y b on d bu y i n g prog r a m to “m a i nt a i n dow nwa rd pressu re on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more

ac com mod at ive , wh ich in turn should promote a stronger economic recovery and help to ensure that inflation, over time, is at the rate most consistent with the Committee’s dual mandate.”

With the Fed’s key rate still at record-low of zero to 0.25 percent, investors are expected to continue i nve s t i ng i n emer g i ng markets due to interest rate differentials.

Analysts and investors widely expected US monetary of f icia ls to a nnou nce Thursday the cut in the Fed’s bond purchases but with their expectations doused financial markets volatility is expected.

The Philippine financial markets are yet to open for the day.

On Wednesday, the peso closed sideways against the BSP/PAGE B9

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Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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Editor : Neslon Constantino , e-mail- nelconstant@gmail.com

SM Group named PHL’s best property developer in Euromoney survey THE SM Group has been named the country’s “best residential developer” in a real estate survey conducted by international Euromoney magazine.

The Group’s residential a r m S M D e v e l o p m e nt Corporation (SMDC) was awarded for its work in the last six years to effectively reach out to t he ret a i l SM/PAGE B9

‘SILID PANGARAP’. Close to a hundred kindergarten pupils of Sirawan Elementary School in Toril now have a 2-classroom building courtesy of AboitizPower subsidiary Therma South. This is the third ‘Silid Pangarap’ building built by Therma South for the Aklat, Gabay, Aruga tungo sa Pag-angat at Pag-asa (AGAPP) Foundation which aims to build kindergarten classrooms all over the country. The 300-MW Therma South, set to be completed in 2015, had also built classrooms in barangay Sirawan, Catalunan Grande and Ma-a.

Trans-Asia to spend P161M more on plant

T R A NS -A SI A O i l a nd Energy Development Corp. has set aside an additional P16 0 . 8 6 m i l l i o n f r o m its stock rights offering (SRO) last year to partially f inance construction of it s 5 4 -megawat t (M W) wind energy project in San Lorenzo, Guimaras, the company said in a disclosure Wednesday.

The company said that it disbursed yesterday P160.86 million from the proceeds of its SRO in November last year through which the company raised P1.627 billion.

The latest amount adds to the P438.97 million in the last three months to fund the same project.

“The corporation shall

use the funds for expenses in relation to its investment in a 54-MW wind energy project in San Lorenzo, Guimaras…” the disclosure read.

Based on the company’s 2012 annual report, the project is estimated to cost around P6.3 billion, 70% of which will be financed by debt and the balance by equity.

Projec t const r uc t ion bega n t h is yea r a nd is ex pec ted to ta ke 18-20 months to complete. The facility will have 27 wind t u rbi nes w it h i nsta l led capacity of 2 MW each.

Trans-Asia’s net income grew 35.4% annua lly to P298.32 million in the first half.

BDO Capital courting 4 companies to go IPO despite market volatility BDO Capital & Investment Corp is convincing four companies to go public despite the recent volatility in the stock market.

Eduardo Francisco, BDO Capital president, said these companies are involved in utility, semiconductors and real estate.

The sizes of their respective initial public offerings (IPO) range from P300 million to P2 billion.

“I’m focusing on the smaller IPOs because smaller IPOs that can be done exclusively in the Philippines can still succeed,” Francisco said.

BDO Capital was the bank behind the maiden share sale of microfinance firm AG Finance Inc, which raised P148 million in late July.

“I believe if the story is good, regardless of what is happening in the world... we can sell it,” Francisco said.

Travellers International Hotel Group Inc of Philippine billionaire Andrew Tan and the Genting Group, as well as Robinsons Retail of the Gokongwei family have indicated they will wait for the volatility to pass before

they push through with their respective IPOs. A significant portion of their offer shares will be sold overseas.

Discovery World Corp of the Tiu family also pushed back its market debut in light of an upcoming transaction that would boost the prospects of the company.

Tugboat operator Harbor Star Shipping Services Inc recently revived its IPO but cut its offer price, citing current market conditions.

Four companies -- Philippine Business Bank, Asia United Bank, Del Monte Pacific Ltd and AG Finance Inc -- have gone public this year.

The PSE index was on a roll at the start of the year, coasting to all-time high levels 31 times to peak at 7,392.20 on May 15.

Since then, local shares prices have succumbed to volatility after Federal Reserve Chairman Ben Bernanke signalled the US central bank may scale back its $85-billion monthly stimulus program, a huge driver in fueling equities to record levels in the past several months.

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4 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Nelson Constantino , e-mail- nelconstant@gmail.com

Banking&Finance

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BSP readies measures to PH’s balance of payments manage surge in portfolio turn to deficit in August funds after US Fed move

THE Bangko Sentral ng Pilipinas (BSP) yesterday said the US Federal Reserve’s sur prise move to defer withdrawal of its economic stimulus should revive interest in emerging markets like the Philippines.

“The BSP will maintain a presence in the foreign exchange market if, in our assessment, there is excessive exuberance in the financial markets especially today because of the unexpected Fed announcement. We will also remain watchful of developments in the real asset markets,” BSP Governor Amando M. Tetangco, Jr. said.

At the Philippine Stock Exchange, the benchmark index surged more than three percent at the open on news of the Fed’s decision to hold on to its monthly bond-buying program.

Tetangco said the BSP could implement macroprudential tools that would manage surges

in capital inflows, consistent with its price and financial stability objectives.

“To the extent the Fed action helps to ensure the incipient US growth is not derailed, it should also be positive for our own growth prospects,” Tetangco said.

After a two-day policy meeting that ended Thursday morning (Manila time), the US Federal Open Market Committee (FOMC) said recent improvements in the US economy have been observed

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but added that they were not enough to support long-term goals.

This means the Fed will continue its US$ 85-billion m ont h l y b ond bu y i n g prog r a m to “m a i nt a i n dow nwa rd pressu re on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative, which in turn should promote a stronger economic recovery and help to ensure that inflation, over time, is at the rate most consistent with the Committee’s dual mandate.”

The Fed’s key rate still at record-low of zero to 0.25 percent, which the investors are expected to continue investing in emerging markets due to interest rate differentials.

THE Philippines’ balance of payments (BOP) -- a summary of the country’s economic transactions with the rest of the world -- registered a deficit in August, which means dollar expenditures exceeded receipts for the period.

Data from the Bangko Sentral ng Pilipinas (BSP) showed the BOP incurring a deficit of $318 million last month, a reversal of the $1.099 billion surplus in July. Year-on-year, the August deficit likewise was a deterioration from the $582 million surplus of the same month in 2012.

“This was due to financial market volatility arising from the uncertainty about US Fed taper,” BSP Governor A m a n d o M . Te t a n g c o Jr. said, referring to “hot money” outflows triggered by investor worries that the US Federal Reserve would wind down its stimulus for the world’s largest economy.

T he Phi l ippi nes last month suffered from net outflows of foreign portfolio investments worth $441.85 million, a reversal of the net inflows of $387.39 million a year ago.

Last month’s BOP deficit was the first in six months and indicated that the Philippines

was vulnerable to portfolio outflows. The government has been pointing to the country’s BOP surplus as proof of immunity from volatile capital flows.

Ever since Fed Chairman Ben Bernanke signaled last May that the US central bank may wind down its $85-billion bond-buying program later this year, portfolio funds have been pulling out of emerging markets like the Philippines.

The Fed’s stimulus -- the third tranche of what has come to be called quantitative easing (QE3) -- has fueled stock market rallies around the world.

Last night, the Fed, in a surprise move, announced it would keep the stimulus for now, citing signs that the US economy is far from having anchored its recovery.

Tetangco said the Fed decision to keep its easy money policy would be good for emerging markets like the Philippines.

As such, the country’s BOP deficit last month is likely to be temporary, he said.

Last month’s deficit cut the surplus for the first eight months by 8.6 percent to $3.359 billion this year from the end-July level of $3.677

billion. The end-August surplus also dropped 27.6 percent from last year’s $5.080 billion.

Persistent surpluses in the BOP help build up the country’s gross international reserves (GIR), the first-line defense against financial shocks.

A n a mple GIR helps prop up the peso and keep domestic inf lation at bay.

The country’s GIR settled at $83.201 billion at endAugust, enough to cover 12 months’ worth of imports of goods and payments of services and income.

Alternatively, the endAugust dollar cache would allow the Philippines to pay eight times over its shortterm external debt based on original maturity and 5.5 times based on residual maturity. Residual maturity includes portions of longterm debt that would mature within the next 12 months.

GSIS resumes payment of EC survivorship benefit

S TAT E p e n s i o n f u n d Government Ser v ice Insurance System (GSIS) t o d ay a n nou nc e d t h at it w i l l sta r t pay ing t he suspended sur v ivorship pension of qua lif ied Employees’ Compensation (EC) pensioners a nd d e p e n d e nt s , a f t e r t h e Employees Compensation Commission (ECC) resolved to lift the suspension of its payment beyond the five-year guaranteed period.

Under the Employees’ Compensat ion prog ra m implemented by ECC, the grant of EC survivorship pension, mandated under Presidential Decree 626, is among the benefits given to employees who died from work-connected accident, disease, or disability.

It will be recalled that in 2006, the previous GSIS administration suspended GSIS/PAGE B9

Environment

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Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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Editor : Cheng Ordoñez , e-mail- cheng.ordonez@gmail.com

JICA River dike New sensor could prolong lifespan project to take off of high-temperature engines Feature:

A new, highly-accurate temperature sensor could save manufacturers millions in maintenance costs, lower fuel consumption, and prolong the lifespan of jet engines, nuclear reactors and other types of large gas turbine engines.

A temperature sensor developed by researchers at the University of Cambridge could improve the efficiency, control and safety of hightemperature engines. The sensor mi ni mises d rif t -degradation of the sensor which resu lts in fau lt y temperature readings and reduces the longevity of engine components.

T he ne w s ens or, or thermocouple, has been shown to reduce drift by 80 per cent at temperatures of 1200 degrees Celsius, and by 90 per cent at 1300 degrees Celsius, potentially doubling the lifespan of engine components. The results are published in the September issue of the Journal of Engineering for Gas Turbines and Power.

Generally, the hotter a jet engine burns, the more power it generates, improving fuel efficiency, range and thrust. However, an accurate temperature reading is critical, as when temperatures get too high, the mechanical integrity of engine components could be at risk. A temperature error of just ten degrees can trigger engine failure, which can be a huge blow to aircraft manufacturers, as seen in the 2010 recall of Rolls-Royce’s Airbus A380 engines, which caused the company’s share price to drop by a massive nine per cent.

Modern jet engines can reach temperatures as high as 1500 degrees, but drift in the nickel-based thermocouples used to measure temperature increases to unacceptable levels at temperatures above 1000 degrees. Therefore, the thermocouple is placed away from the hottest part of the engine, and the maximum

temperature is extrapolated from that point.

The inaccuracy resulting from this form of measurement means that the engine temperature, and therefore efficiency, has to be set below maximum in order to leave a safety margin for the survival of engine components. Thermocouples with increased temperature capabilities can be placed closer to the combustion chamber, increasing the accuracy with which the peak temperature is estimated, and decreasing the required safety margin.

“A more stable temperature sensor prov ides severa l adva nt a ge s -- a bet ter estimation of temperature can increase the lifetime of engine components and decrease maintenance costs to manufacturers, without any reduction in safety,” said Dr Michele Scervini, a postdoctoral researcher in the Department of Materials Science and Metallurg y, who developed the new thermocouple.

In its simplest form, a thermocouple consists of two bare wires of two different metals joined together at their ends, with a voltmeter incorporated into the circuit.

The difference between the two ends of the thermocouple is measured by the voltmeter and used to determine the temperature. This type of thermocouple is not suitable for high-temperature applications as the elements oxidise above 800 degrees, increasing the amount of drift, so thermocouples sheathed i n ox i d a t i o n -r e s i s t a nt materials were introduced in the 1970s. While this configuration addressed the

issue of oxidation, the sheath contaminated the wires at temperatures above 1000 degrees, increasing drift.

Scervini, along with Dr Cathie Rae, has developed a thermocouple which both withstands oxidisation and minimises any contamination to the wires from the metallic sheath. The thermocouple is made of an outer wall of a conventional oxidisationresistant nickel alloy which can withstand high temperatures, and an inner wall of a different, impurity-free nickel alloy which prevents contamination while reducing drift.

Results from tests on a prototype device showed a significant reduction in drift at temperatures of 1200 and 1300 degrees, meaning that a double-walled thermocouple can be used at temperatures wel l above t he cu r rent

limitation of 1000 degrees.

There a re plat inu mbased thermocouples which ca n w it hsta nd hig her temperatures, but t heir extremely high cost means that they are not widely used.

“Nickel is an ideal material for these applications as it is a good compromise between cost and performance, but there is a gap in the market for applications above 1000 degrees,” said Scervini. “We believe our device could see widespread usage across a range of industries.”

The team are currently c o m m e rc i a l i s i n g t h e i r invention with the assistance of Cambridge Enterprise, the University’s commercialisation arm, and have attracted interest from a range of industries. Tests on new prototypes are on-going.

(Science Daily)

CAGAYAN DE ORO CITY – The first phase of the Japan International Cooperation Agency (JICA) river dike project will take off soon here.

This was revealed by the representatives of the Department of Public Works and Highways (DPWH) during the recent joint committees on finance, on tourism and on public works.

The DPWH was among those invited by the joint committees chaired by Councilors President D. Elipe, Lourdes Candy Darimbang and Alden Bacal, respectively, to shed light on projects being implemented in the city.

DPWH engineers said the Notice of Award was given last August 28. The needed equipment and materials are already in place at the project site.

It was learned that the P46 million project will be completed in seven months.

According to the DPWH, Phase 1, which will take an eight-meter setback from the existing wall, will affect a big portion of Duaw Park.

As can be recalled, Japanese Ambassador Toshinao Urabe and other officials of JICA visited Cagayan de Oro and said they will extend help so the city can get back to its feet and move forward after the devastation wrought by Tropical Storm Sendong.

The river control project is just one of the many projects of the city aimed at preventing future f loods.

JICA will do all the works in providing the city with a better river control project starting this year.

(CdeOSP/PIA)

Farmers witness the ceremonial planting of vegetables in Barangay Pagsabangan where the strengthened large-scale vegetable farm commonly referred to as Gulayan sa Barangay by the City Agriculture Office is launched last week. photo by cio tagum

Removing indoor pollution

Researcher helps create sun-powered solution to toxic air in many lands

By Katie Hammer

While studying climate change in the rural Himalayas, Catlin Powers was asked an eye-opening question by one local family: Why are all of these scientists coming here to study outdoor air pollution when indoor air pollution is so much worse?

A Harvard School of Public Health (HSPH) graduate and current Ph.D. candidate in environmental health, Powers is the cofounder of One Earth Designs, a company that creates products that enable people to improve the quality of their lives by wisely using energy resources. She is one of the creative forces behind SolSource, a revolutionary, sun-powered grill designed specifically to answer that family’s question.

Powers began her journey by measuring the indoor air quality inside the Himalayan home where the question was posed, and found that it was 10 times more polluted than the outdoor air in Beijing. Subsequently, she found that more than half a million

people each year die in China from the toxic smoke coming from household stoves used for cooking and heating.

Spurred by these revelations, Powers began working directly with rural communities to explore energy solutions and alternate fuel sources for cooking in their homes.

The result was SolSource, a highperformance, low-maintenance, portable, durable, safe, and fuel- and emissionfree solar cooker. SolSource harnesses energy from the sun, which is ample on the Himalayan plateau, and uses it to grill, steam, bake, boil, or fry. Cooking with SolSource saves families time and money, reduces their exposure to harmful stove pollution, and helps conserve precious resources.

One Earth Designs recently ended a successful Kickstarter campaign to help fund production of SolSource, as well as to explore a cost-offsetting model for

developing nations. The campaign ended with 330 percent of its goal funded.

During a recent question-and-answer session through the Office for Sustainability (OFS), Powers talked about her work.

OFS: What are you most excited about for the future and for the potential SolSource holds in Asia and in the rest of the world?

POWERS: Achieving a 100 percent renewable energy future for all — SolSource is a solar cooker, but it harnesses a tremendous amount of energy beyond what is needed for cooking. So we are working on harnessing that energy for electricity, household heating, water purification, and waste processing.

Today, you can eat healthy, delicious solar [-cooked] food. Tomorrow, your solar grill could be powering your house, your car, and your life.

With SolSource, we hope to continue to help under-consuming families leapfrog into a highly aspirational solar energy future, as well as to help over-consuming families enjoy life just as much while consuming

fewer nonrenewable resources.

Given all that is happening with our climate, energy seems like a great place to start. One hour of sunlight provides enough energy to supply all human needs for an entire year. The potential is huge if we could only enable more people to harness it.

OFS: What’s the one thing you hope people take away from your product?

POWERS: Everyone around the world essentially wants and needs the same basic things, so let’s design an equitable human lifestyle that gives us all a brighter future here on Earth. That future is going to require products and systems that make it fun and convenient to live using fewer finite resources and that close the loop on our waste stream.

OFS: What are the challenges in adopting and implementing small-scale renewable energy sources in the developing world?

POWERS: People often talk about the lastmile challenge from a logistics perspective, solution/PAGE B9

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6 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

The

CAGAYANTIMES de Oro

LIFESTYLE

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All set for Mapawa Trail Marathon by Irene Joy B. Dayo and Gracelle Mae L. Beber of the BWM Group of Publications

A run dubbed as Mapawa Nature and Adventure Park Mountain Trail Marathon will be held this October 27, 2013 at Sitio Malasag, Cugman, Cagayan de Oro City.

This is through the initiative of Three Travellers CDO Inc., a non-profit organization in partnership with Emmanuel N. Pelaez Ranch Inc. and Mapawa Nature and Adventure Park.

The run will showcase the lush forest and greenery found within the vicinity of Mapawa Nature and Adventure Park and Emmanuel N. Pelaez Ranch.

According to the race organizer, Dr. Riyadh S. Balbontin, this run aims to create environmental awareness and appreciation of the importance of nature among the participants.

In addition, a portion of the registration fee will be donated to Mapawa Nature and Adventure Park for reforestation maintenance.

There are three categories of the run: the 5K, 21K and 42K. 5K has a registration fee of P400. This include the runner's jersey.

21K's fee is P600 which include jersey, finisher's medal and finisher's shirt.

Registration fee for 42K is P1000. This include jersey, finisher's medal and shirt.

The registration period is until September 27, 2013.

Registration centers include Mapawa Booking Office located at second floor KABI building, J. Serina Street, across Madonna and Child Hospital at Carmen, Cagayan de Oro City. It will open for registration from Mondays to Fridays. Interested persons could also register at ROX located at Centrio Ayala Mall from Saturdays and Sundays and Sprint Multisport located at Corrales Avenue, this city from Mondays to Saturdays.

Further, registration is open online. Interested parties could deposit at BDO through account number 3220009586 and e-mail the scanned copy of deposit slip to docyad@yahoo.com.

A race briefing will be conducted on October 25.

Race kits would also be distributed in the same day at the activity area of Ayala Centrio Mall.

For other queries, the organizers will be reached through the contact numbers: 0917-706-7206, 0917-718-9975 and 0917-806-1393.

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How to Rock Singlehood

or quite some time, I was very single (stress on the VERY). This was way before my husband came into the picture and swept me off my high heels.

For an independent girl living on her own in a strange city, being single could be very daunting. Aside from the incessant barrage of questions like “Why don't you have a boyfriend?” “why are you so picky?” “When are you planning to get a boyfriend?” from nosy but well-meaning people, you also have to contend yourself with being alone quite a lot.

Sounds ultimately sad and dreary, I know. But honestly, it wasn’t. Being single is all the time you need to do so many things! Such as:

around, meet people and have pure clean fun.

1. DATE. You’re free as a bird, you can scope the menscape (or womenscape) and choose, choose, choose! The selection process can be quite a grueling task though, with all the jerks that seem to run loose everywhere. So pick carefully. There’s no need to rush.

You need not settle with the least douchebag of them all.

There’s bound to be one who is just right. And he or she is worth the wait, and will be everything you ever wanted. That person will find you sooner or later.

But while waiting, you can look

3. REFLECT. Alone time gives you plenty of opportunities to think and evaluate yourself and your life. Get to know yourself more and find out exactly what you want out of life and love. By the time The One finally shows up, you’ll know how to handle it and turn it into the fantastic relationship that you’ve been waiting for for ages.

Or maybe you’ll come to realize that you are the type who isn’t really into marriage… Who knows? Whatever it is you want, only space and time to think could help you understand that.

2. IMPROVE. There’s so much free time when you’re single, no doubt about that. You can fill those hours with endless pursuits.

Enrich your mind: READ voraciously. Watch meaningful movies. Check out theaters and plays.

Take classes. Get an MBA or something. Try a new hobby. Travel! The options are absolutely endless. But for Pete’s sake, don’t limit yourself to just Facebook and TV because your brain cells might eventually commit suicide due to neglect.

Feed your brains, discover your hidden talents, be someone you could be proud of. Be someone ANYONE could be proud of.

The Silver Lining

by Janey Montebon Duterte

4. LOOK GOOD. When you’re in a fulfilling relationship, chances are, you’ll gain some weight. I dare you to take an inventory of happy couples you know. A huge percentage of them are getting just a tad bit plumper after they got together.

And no, this isn't just a personal observation – it is backed by legit surveys. In fact, according to a recent study conducted by the weight-loss advocacy site Diet Chef , a whopping 62% of people in long-term relationships gain an average of 14 lbs.

When you’re single, you have all the time to take care of your health and your looks. Grab that chance to live a healthy lifestyle and strive to bring that habit into your future relationship.

5. HAVE FUN. Surround yourself with positive, upbeat and wonderful people who will pick you up instead of pulling you down. Choose the company you keep and find the ones you could open up your heart and soul to, without worrying if you’ll come across as a pathetic loser.

Feeling down in the dumps?

Laugh your heart out with your selected bunch of friends, gripe and whine with them. And of course, go out and party, have a blast, paint the town red if you have to. Party hard but just remember to always keep it classy!

6. TURN TO YOUR SUPPORT SYSTEM. No matter how alone we sometimes feel, we never are.

Enrich your spiritual life and find comfort in knowing that there is a Higher Power that you can turn to for help and guidance. And of course, there's your family and friends to always back you up no matter what.

7. HELP OTHERS. Giving back to the community can be done anytime – whether you are single or attached, young or old, married or unmarried. But when you're single, you have decidedly more time to pursue these activities.

It could be helping out build homes and shelters for

the less fortunate, saving the environment, tutoring street kids, or whatever advocacy tugs at your heartstrings. Do your share in making the world a little bit better. In the process, you'll make yourself a lot better too.

8. WORK ON YOUR GOALS. Your ambitions take a lot of effort, time, and focus.

Fortunately, there's plenty of that when you're not yet busy going out on dates or devising ways to make your BF/GF/husband/wife happy. But remember to always balance your time between 'living your life' and 'making a living'.

9. LOVE YOURSELF. If you don’t, how can you honestly expect people to love you? Be good to yourself, cut yourself some slack. Be happy, be positive, and exude that zest for life that would make people gravitate towards you.

Remember: You are what you think and feel you are. If you think you’re irresistible then you’re absolutely right!

Being single is being free.

Free to be you, free to do whatever it is you have to do.

Seize that chance. Milk that opportunity. When the time comes that you’ll find yourself half of a solid duo, wouldn’t it be great to not miss out or regret anything? Your future partner will thank you for it.

friday | september 20, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Feature

Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

B7

Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

SUPER KEI SHOPPERS OFFERS

4 exciting events in 3 days of business, fun & learning

By Cheng Ordonez & Lovie Casenas

One of the most convenient and spacious grocery stores in Cagayan de Oro has launched a four-in-one three-day event starting September 20 to 22, 2013, at the 2nd level of its main edifice in J.R. Borja cor. Quirino Street, Cogon, this city.

Kevin Tan, store manager of Super Kei Shoppers, said the four ‘Super Events’ for this year are Super Negosyo, Super Promo, Super Members and Super Pageant.

Super Negosyo involves free seminar on Basic Bookkeeping, Consumer Act and a tutorial on “How to Prosper in Business.”

It is dubbed as Super Kei Sari-Sari Store Convention, Mr. Tan said.

Mr. Tan said the Super Promo will shower members of Super Kei with great discounts from suppliers with so many freebies to be given away during the three-day event.

As for the Super Members event, Mr. Tan said members of Super Kei will get the chance for a get-together with free haircut, massage and cooking demo. Members will also enjoy exciting games and lot of prices at stake for the winners.

A search dubbed as Super Pageant capped the events. The Search for Mrs. Super Kei is a beauty, talent and popularity contest for Sari-Sari store owners.

Major raffle prizes are to be given away for all members who joined the three-day event with a chance to win Kabuhayan Package, Grocery Items, T-Shirts, Gadgets and a whole lot more during the Coronation Night at 2:00 p.m. on September 22, 2013.

Mr. Tan said non-members may simply register to become Super Savers Club member to join the events at any time of the day at the Super Kei shoppers.

Members will get the benefit of earning one point for every purchase of P200 cumulative purchase. They will also get P1 Cash Back for every point earned.

Super Kei Shoppers boasts of being spacious and offers its customers convenience while shopping for being fully air-conditioned with a meat-market provision.

Other stores owned the Tan’s include Kevin Enterprises, Inc. and Kei Mart, both located at Cogon, Cagayan de Oro.

Do the MX3 Challenge: Tuna Festival 2013 GENERAL SANTOS CITY dubbed as the Tuna Capital of Philippines celebrated the 15 festival.

The yearly festivity is a thanksgiving for a sustaining and growing progress of the fishing industry of the City being the major economic commodity. The Tuna Parade, Bancarera, Night Concerts, Fun Runs and the variety of activities featuring different Tuna products were the main highlights of the celebration.

The heat of the sun never deterred folks and visitors to join the MX3 Challenge set by MX3 and Sky Cable at the oval arena. A set of games namely Nag MX3 Ka na Ba?, MX3 Limbo Limborac, Hop & Think MX3 Challenge and MX3 Hooray were played to boost the

General’s energy projecting that MX3 is efficient and effective not only to teenagers but also to adults.

Aside from the fun games, free M X3 Products were also given to spectators around the arena.

MX3’s dedicated Team has been going to different places in the Philippines and abroad, reaching Filipinos by giving free MX3 products, MX3 handbags, T-shirts, children’s school bags, and slippers through activities organized by various partners like Sky Cable.

For promo updates and inquiries visit MX3 Capsule, Coffee & Tea Facebook Page or log on to www.mx3.ph. You may also call (082) 305-4400 or +63918-902-3600.

B

8 Mindanao Daily NEWS

friday | september 20, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City EDWIN MERCADO Applicant/s

Case No; 2013-10- 1595

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JIMMY OGNIT Applicant/s

Case No; 2013-10- 1600 2008-10-1769

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City LUIS G. APARENTE Applicant/s

CASE NO; 2011-10-136 2006-10-037

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity of certificate of public convenience to operate FILCAB service along the route ;Puerto to Balingoan, Misamis Oriental and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 18th day of September, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience (CPC)to operate PUJ service on the line ;Cogon Market to Bugo/Puerto (all in Cagayan de Oro City) and vice versa with the use of one (1) unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

APPLICANT request authority to amend his/her authorized route of certificate of public convenience to operate PUJ service on the line;Cogon Market to Camp Evangelista –Patag Limketkai Center (all in Cagayan de Oro City) and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ARCHIE GALENDEZ Applicant/s

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013.

CASE NO; 2013-10-1599 2008-10-1795

MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JOSEPH U. SALVO Applicant/s

MARIANNE C. ULEP Records Officer/Acting Docket Officer

CASE NO; 2013-10-1598 2008-10-1945

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ERLINDA TAN- Vendor MELVIN BARBA -Vendee

CASE NO; 2013-10-1587 2007-10-021

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority To extend the validity of certificate of public convenience to operate FILCAB service on the line;Mambajao to Mambajao (all in Camiguin Province)and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 18th day of September, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line;Cagayan de Oro City to Valencia City-Damulog via Intavas, Bukidnon and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013.

APPLICANT request authority For approval of sale and transfer with extension and amendment of route of service to operate FILCAB Service on the line;Puerto to Balingoan and vice versa with e use of ONE (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City MIGUEL PLA, JR. Applicant/s

Case No; 2013-10-1593 2009-10-1558

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City EVANGELINE BONIAO Applicant/s

CASE NO; 2013-10-1581 2009-10-030

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity to operate TAXI Airconditioned service on the line;Within Cagayan de Oro City to any point in Region X with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013..

APPLICANT request authority for extension of validity to operate PUJ service on the line;Cogon Market to Cugman and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013..

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Sept. 20, 2013

MDN: Sept. 20, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JAVIER, LOREIME E. CASE NO; 2013-10-1597 Applicant/s

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City LILOC MIKEST - Vendor EMILY SALO - Vendee

CASE NO; 2013-10-1596 2008-10-425

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City PROSPERO B. ZAPANTA Applicant/s

Case No; 2013-10- 1594

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for approval of sale and transfer of ownership with extension of validity and amendment of line to operate FILCAB service on the line ;Balongis –Macanhan –Cogon Market –Agora and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 17th day of September, 2013.

APPLICANT request authority For approval of sale and transfer with extension and amendment of route of service to operate FILCAB service on the line;Kisolon-Malaybalay City-Valencia City-Kibawe via Lantapan Bukidnon and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013..

APPLICANT request authority for issuance of certificate of public convenience to operate TH FRIEGHT TRUCK SERVICE on the line ;Within Cagayan de Oro City to any point in Region X accessible to motor vehicle traffic and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 18th day of September, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

NOTICE OF HEARING

MDN: Sept. 20, 2013

MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City RUEL A. TEVES – Vendee

CASE NO; 2013-10-1583

NOTICE OF HEARING

APPLICANT request authority for approval of sale and transfer with extension and amendment of route of service to operate PUJ service on the line;Talakag to Cagayan de Oro City and vice versa with the use of One (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Par ties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City C ONE TRADING CORPORATION CASENO;2013-10-1582 Applicant/s

NOTICE OF HEARING

APPLICANT request authority for issuance of Certificate of Public Convenience to operate TH FRIEGHT TRUCK service on the line;within Cagayan de Orop City to any point in Region X with the use of THREE(3)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19TH day of September, 2013..

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

MDN: Sept. 20, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ARMANDO MONTIMOR -Appropriation Applicant/s

CASE NO; 2013-10-1586

NOTICE OF HEARING

APPLICANT request authority for issuance of certificate of public convenience to operate TAXI Airconditioned service on the line ;within Cagayan de Oro City to any point in Region X with the use of one (1)unit/s.

This application will be considered by this Board on September 26, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 19th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 20, 2013

Mindanao Daily NEWS

friday | september 20, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Tuna...

BSP...

drydock, cold storage, valueadded fresh seafood products, whar f and stevedoring, construction and real estate.

Currently, PNG is reviewing the state agreement with RD Corp. that will expire in 2015, with Zeming assuring his government intends to extend it.

Aside from Rivera’s venture, the foreign official also cited Francisco T. L aurel Sr.’s Frabelle Corp, one of the other major Philippine companies operating in PNG, for the growth of its tuna industry.

Frabelle signed an agreement with the PNG government in March 2006 that is under review to thresh out “inhibiting factors” to the company’s operation.

“Two separate committees have been established…to assist Frabelle address specific areas of concern such as water, power, port charges, customs, work permit and visa for its foreign workers,” Zeming said.

Last June, Frabelle, in a joint venture with Century C a n n i n g C o r p., a n o t h e r Phili p pine c o m pany, an d Thailand’s Thai Union Corp., opened Majestic Seafoods.

PNG Prime Minister Peter O’Neill said Majestic Seafoods is the largest tuna cannery in PNG and the South Pacific region so far.

Also in June, Ze ming said that Philippine investors launched the groundbreaking of the Mambawan Seafoods, which will be engaged in tuna processing, next door to the Majestic Seafoods factory.

There are three more canneries that will be built in PNG because of the efforts of Frabelle to lure foreign players to our country, he added.

Cencon Packaging, another Philippine company, is also building a can-making plant to supply the tuna canneries, Zeming said.

New Filipino player Rell & Renn Fishing Cor p. is also planning to establish a Katsuobushi (smoked) plant and a fresh fish operation using mini-purse seiners on Manus Island, he said.

Zeming noted the fresh fish project will be established under a joint venture company named Offshore Master, with 25 percent local shareholders.

In terms of fishing access, the PNG National Fisheries Authority has licensed 59 Filipino-owned purse seine fishing vessels this year.

“The Philippines has the largest number of purse seine fishing vessels in PNG,” Zeming said.

The Filipino fleet’s combined catch in 2012 reached 196,052 metric tons, about 28 percent of PNG fisheries annual total available catch.

Philippine fishing companies are allowed to operate in PNG waters provided their catches are landed and processed onshore in the island state.

Zeming said the investments of Filipino companies have greatly contributed to PNG’s tuna industry now with a value of at least K1 billion or US$408 million. (Bong S. Sarmiento/ MindaNews)

greenback while the local bourse ended the day on the red.

Among the focus of the BSP is to monitor developments in the foreign exchange market given the latest decision of the Fed. BSP Governor Amando Tetangco Jr., in a text message to reporters said, the central bank “will maintain a presence in the foreign exchange market if, in our assessment, there is excessive exuberance in the financial markets especially today because of the unexpected Fed announcement.”

The BSP maintains a marketdetermined exchange rate in the country but joins in the trading to address extreme volatility.

Tetangco said they will also” remain watchful of developments in the real asset markets.

He assured the public that the BSP has its “macroprudential tools in place to manage surges in capital inflows, consistent with our price and financial stability objectives.”

“To the extent the Fed action helps to ensure the incipient US growth is not derailed, it should also be positive for our own growth prospects,” he added.

(PNA)

from page B2

from page B2

SM...

from page B3

market by addressing the need for affordability while still catering to lifestyle aspirations through innovative and efficient approaches. “ Ke y p l aye r s i n r e a l estate banking, development, i nve s t m e n t m a n a g e m e n t and advisory services have recognized SM Group as a market leader,” said Euromoney Editor Clive Horwood.

Horwood said winners of this year’s Euromoney survey are those that exhibited the ability to innovate and make best use of the inherent strengths of their organization.

“It (prestigious award) affirms the long-term vision of SM in the property business where our dedication lies in knowing what our markets want and need so that we can address them accordingly,” said Henry Sy, Jr., Vice Chairman and Chief Executive Officer of SMDC. In a statement, Sy identified innovation as one of the group’s core values.

“It keeps our work exciting, trying new things while keeping our feet firmly on the ground. We mix it with a strong pioneering spirit, the innate desire to serve, and with stewardship which altogether creates value for our customers and all of our partners in business,” he said.

Euromoney Magazine, the flagship title of London based financial communications company Euromoney Institutional Investor PLC, is the voice of the international capital markets.

For over 40 years, the magazine has offered unparalleled coverage of the global bond, equity and foreign exchange markets. (PNA)

GSIS... from page B4

the payment of the pension after the five-year guaranteed period.

GSIS President and General

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Manager Robert Vergara said qualified EC survivors whose pension has been stopped as of August 2012 and those who should be receiving their pension beginning August 2012, will benefit from the ECC resolution.

In letters sent recently to EC survivorship pensioners, GSIS re quires sur viving legitimate spouses (of deceased EC pensioners) to submit a certificate of no marriage (CENOMAR) issued by the National Statistics Office, stressing that the ECC board resolution disqualifies them from the benefit if they remarried.

All qualified EC survivorship pensioners will also be asked later to enroll for eCard, through which their monthly pension will be credited, after the GSIS has created their pension records.

When submitting documents to the nearest GSIS office, pensioners are further advised to bring two valid governmentissued identification cards and a copy of the letter from the GSIS for easy reference.

Under PD 626, EC contributions are paid solely by employers in case of workrelated contingencies incurred by their employees, such as accident, disease, disability, or death. Employees do not contribute to the Employees Compensation Insurance Fund.

The GSIS and the Social Securit y System are the implementing agencies and fund managers of the EC Insurance Fund for the public and private sectors, respectively.

Q uestions on the EC survivorship pension may be directed to the GSIS Contact Center at 847-4747. Qualified EC pensioners may also send an email to eccpension@gsis. gov.ph. (PNA)

Solution... from page B5

but we’ve actually found that people are willing to travel long distances to access SolSource in town centers and other regional hubs. Our bigger challenge is price constraint.

For example, we spoke with families in northern Myanmar who wanted SolSource, but who had never owned a product that cost more than 16 U.S. dollars, and they were taking out loans to afford even those.

Some people might say we should just use cheaper

materials. But we realized early on that it is often the most priceconstrained families that need the highest-quality products.

These families tend to live in places with harsh environmental conditions, sometimes amidst warfare, and often with the need for frequent migration.

Performance and durability are crucial.

OFS: How did your experiences and studies at Harvard influence or contribute to SolSource?

POWERS: My experience at Harvard prepared and allowed me to understand the challenge at hand, and how to measure the effectiveness of the solutions.

We developed 54 prototypes of solar cookers before we developed SolSource. We trained citizen scientists from inside the villages to monitor its impact on pollution and cost savings, and we purchased state-of-the-ar t monitoring equipment to support this work.

Much of this was funded through grants and fellowships from the Environmental Protection Agency and the National Science Foundation, which were hosted by Harvard. I also received a scholarship from Harvard to finish my graduate studies, and would not have been able to complete the work without this support.

So much of the guidance I’ve received comes directly from my advisory committee at HSPH. Jack Spengler, James Butler, Majid Ezzati, and Christopher Barr were invaluable resources in the evaluation of SolSource, as well as in my personal development.

OFS: Do you have a few tips/advice for aspiring “greenpreneurs”?

POWERS: I always love trading learning with other doers out there. Here are some of the ones that have been most important for me over time.

1. If you have co-founders, your relationship with them means everything about the success or failure of your company. Fighting is fine and natural, but you have to respect each other and know how to communicate effectively.

2. Take the time to stop and think about the bigger context of your work, and make sure that you are still building toward the world you want to live in in the future.

3. Remember to sleep.

(Harvard Gazette)

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Editor : Clifford Santillan, E-mail: santillan.clifford@yahoo.com

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Jasmine overjoyed by entry of ‘Transit’ to Oscars MANILA – Jasmine Curtis-Smith said she still can’t believe that her first film “Transit” will be the Philippines’ entry to the 68th Academy Awards.

Speaking to “Mornings@ANC” on Thursday, Curtis-Smith said the good news has yet to sink in because things still seem surreal up to now.

“I was actually in school, I just went to the library, I was on my laptop doing a bit of social networking and then our film editor tweeted that Transit is the Philippines’ entry to the Oscars.

I replied saying ‘Hahaha what a joke, muntikan na ako maheart attack.’ And then someone retweeted from an article from an actual newspaper here and it just

made everything legit. I started panicking, I was crying. I called my manager. I had to leave the library so I can express my joy,” she said.

Recalling the time when she auditioned for the Cinemalaya entry, Curtis-Smith said she is just blessed to have been handpicked for the role.

“I left the audition room and I see direk Paul Soriano running after me and direk Hannah Espia wanting to get my details so they could follow up for script reading and all these other things they want me to try out to see if I was what they wanted. They said ‘You’re the only one we called back for your role.’ That just made me feel important,” she said.

Daily

HOROSCOPE AQUARIUS (January 20 – February 18) -You’re faced with a choice, and it all comes down to compassion vs. self-interest. Given who you are, it’s likely that you side with others, but that should end up helping your spirit in the long run.

PISCES (February 19 – March 20) - You’ve got a friend who can help today -- even if you think you don’t need help. You may be doing them a favor by allowing them to feel needed, and that kind of karma is the sweetest.

ARIES (March 21 – April 19) - The more you help out, the more you get back today. That could just mean taking an advisory position and assisting people with their own projects, or it could mean letting someone take charge temporarily.

TAURUS (April 20 – May 20) - A glimmer of understanding blossoms into full-on enlightenment fairly early today. You don’t need to act right away, but you may want to explore this new wisdom of yours to see what it all means.

GEMINI (May 21 – June 21) - You’re the master of communication, but today is all about subtle hints and signals -- so it’s hard for you to make yourself understood. Try to speak slowly and clearly as much as possible.

CANCER (June 22 – July 22) - Whatever you find yourself doing, you’ve got a smile on your face.

Your energy is buoyed by something deep and spiritual, so make sure that you’re pushing in the right direction.

Shot in Herzliya, Israel, “Transit” tells the story of Moises (Ping Medina) and Janet (Irma Adlawan), two overseas Filipinos who are forced to hide their respective children (Marc Justine Alvarez and Curtis-Smith) after learning of the government’s plan to deport children of foreign workers.

“It was a very fragile storyline to film in front of actual people who are undergoing that situation.

We had to be careful of the lines that were being said. Sometimes, we would even ask them about how they felt about a certain topic that we were talking about in a scene. I would talk to teenagers also who were kind of struggling to understand what really is their

identity – were they Filipino or are they an Israeli,” she said.

But Curtis-Smith said her personal experiences somehow helped her relate to her character.

“Although they have Filipino blood, they grew up in the Israeli culture and that’s all they knew because they have not been back to the Philippines,” she said. “I stayed in Australia for six years.

I studied high school there but prior to that, I was here for grade school. Mixing all of that, years here and years there, it was also confusing because I had to switch the type of thinking I was on.”

The producer and director behind “ Transit ” said they are gearing up for a strategic campaign to boost the film’s

chances of earning an official nomination.

The October 1 deadline for film submissions will be followed by the Academy’s release of a list of eligible entries later that month. This will be trimmed down

to nine finalists in January, with the final five nominees announced in the same month.

The 86th Academy Awards ceremony will follow on March 2 at the Dolby Theater in Los Angeles, California. abs- cbn showbiz news

Mindanao Daily News’

Social Section If you like to greet your friends or just wanted to have some text mates through our publications, just text this number : 09269919077 or you can message it to our FB Fan Page ( Mindanao Daily Fan Page ) -- hai MDN e great q lng lahat mga staff nyO. husayan nyO pa ang pag sulat..mre power sa n u lahat. by da way hanp poh aq ng katx na grl..im fernan. 09261452368 and hrs my fb fernanbombeo@.com.

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CIRCLE A WORD animal alphabet

ass badger cat deer elephant fox giraffe

gnu horse impala jaguar kangaroo llama

monkey nematode ox puma queen-bee racoon stoat

tiger unicorn vole worm yak zebra

HERO REVIEW Pudge the Butcher is a melee strength hero feared for his incredible gank prowess.

Though he may not look like it, he is one of the strongest solo-killing gankers in the entire game, with one combo of his three active abilities proving more than sufficient to kill fragile enemy heroes in the early and midgame. His signature ability, Meat Hook, which requires intuition, guesswork, and good timing to land, is thrown out in a straight line a long distance away. If it snags a unit, it will drag it back to Pudge, dealing enormous damage to it if it was an enemy. It thus serves as a powerful ganking and initation tool, and also has the utility of being able to save an endangered ally. He can then follow up with his ultimate, Dismember, which deals further damage to the target over a few seconds, as well as disabling it. During this period, he can toggle on his Rot to damage his enemy further while hurting himself as well, and use it to slow and finish off the hero if he or she survived the initial assault. To supplement his killing power is Flesh Heap, which provides him some magic resistance

Melee - Durable - Disabler to reduce the damage he takes from Rot as well as from other enemy spells. The scariest aspect of Flesh Heap though is that it provides him permanent Strength with every kill that he participates in, giving him the potential to permanently increase his vitality (and physical damage) to monolithic proportions, thereby becoming a formidable tank. In the hands of a skilled player who can land his deadly Meat Hook with high accuracy, Pudge is both one of the most rewarding and fun heroes to play and one of the most fearsome opponents to be up against.

SUDOKU How to play the game?

Fill in completely every rows, columns and diagonals of each puzzle without repitition

of the same digit.

Yesterday’s Answer

LEO (July 23 – August 22) - You are feeling a surge of creative power that should help you overcome the unexpected obstacles life puts in your path. You may wander far, but that is a win on a day like today.

VIRGO (August 23 – September 22) - Say no to new requests today unless they are life-or-death.

Your own energy is a bit diffuse, which could mean that saying yes to the wrong request throws your day into utter disarray.

LIBRA (September 23 – October 22) - Can you remain flexible while those around you stand firm?

That is the best way to cope with the weirdness that surrounds you now. Things are looking up as long as you can bend with the wind.

SCORPIO (October 23 – November 21) - It’s a good time to bring something to life.

It could be a big plan of yours, or it could be a long-dormant fantasy. Whatever you decide, you’ve got the personal energy to back it up.

SAGITTARIUS (November 22 – December 21) You’re thinking big now, and that could mean that you’re ready for the next big step in your life (or some big part of your life). Think for a while, but get ready to act really soon.

CAPRICORN (December 22 – January 19) - Your social walls break down and you crave human contact more than ever. It’s a good time to hit the party circuit or to make new professional contacts. Enjoy this wave while it lasts!

Amazing Facts!

Did you KNOW?? ..

Wilt Chamberlain scored 100 points in a basketball game in 1962, when he played for the Philadelphia Warriors.

CROSSWORD puzzle across 1. Protective covers 5. Dangerous 11. Mr. Alcasid 12. Sent by post 13. Twines 15. During 16. Roman 51 17. Dawn goddess 18. Be sick 20. Masculine pronoun 21. Christmas tree 22. Jupiter’s wife 23. Gem 26. Japanese noodles 27. Norse god 28. Arrest 29. Lighted 30. Drinking cup 31. Periodical, for short 34. Pronoun 35. Copper’s symbol

36.

38.

41.

42.

43.

Banish Heavenly body Image Worships Challenges DOWN 1. Greater 2. La Union town 3. Bonuses 4. Witness 5. Manila school 6. Peg 7. Misdeed 8. Mr. Pacino 9. Catlike 10. Famed inventor 14. Go to sea 19. Iridium’s symbol 20. Drone 21. Marsh 22. Punch 23. Ms. Magdangal

24. Corrected 25. Sense of humor 26. Anger 28. Bulldogs school 30. Donkey’s relative 31. Between mini and maxi 32. Medicinal plant 33. Hardens 35. Dog 37. 14 in Roman 39. Ms. Derek 40. While Yesterday’s Answer

Mindanao Daily NEWS

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Market...

Intact...

the spot market depending on how much they could a f ford to pay for t he available capacity, or they may just opt to disconnect their customers.

Energy Secretary Carlos Jericho L. Petilla and other industry sta keholders perceive it to be a “ demand-side bidding” scheme, although for PEMC president Melinda L. Ocampo, it is a system still parallel to the supplyside bidd i ng desig n for t he Lu z on a nd Vis ay a s wholesale electricity spot markets.

A f ter t he s c he du le d launch today of the IMEM, Pe t i l l a n o t e d t h a t t h e M i nd a n ao m a rk e t m ay need another one month to address the weaknesses of the real-time dispatch of capacities set for trading into the market.

“With that phase of trial dispatch, no settlement will happen yet,” t he energ y chief stressed, adding that t he d r y-r u n on t rad i ng “will proceed depending on how long it will take for the dispatch protocol to be in place.”

Pet i l la sa id t hey a re expecting embedded as well as un-contracted capacities to be channeled through the market; and such volume may be bought by power utilities which are having supply shortfalls.

Ocampo averred that “t he responsibi lit y to forecast the demand was g iven to DUs a nd EC s (e l e c t r i c c o o p e r a t i ve s) since they have the right information on the actual level of their customers’ consumption.”

The Mindanao electricity market, she said, will largely “encourage the participation of load curtailment resource by using their own genset (generator set) so we can free up their load requirements from the system and let others use it.”

Based on initial assessment of the energy department, the capacities that could go into the market may hover between 150 to 200MW, but that will still depend on the willingness of the parties, especially the embedded generators, to offer their capacities.

He said business operations in the port city have started to normalize, while prices are stable and the supply of basic goods is ample.

“Hi nd i naubusa n ng supply, walang problema sa presyo. Nakasarado lang ang mga tindahan during the first few days of fighting,” Domingo said.

While sardines production was temporarily disrupted, manufacturers have a lready sta r ted to ship out the product, he said. Zamboanga City is the Philippines’ sardines manufacturing hub, hosting 16 canning factories that supply up to four-fifths of the country’s demand.

Wit h rega rd s to t he country’s competitiveness as an investment destination, Domingo expressed confidence that the violent clashes in Zamboanga City would not hamper investor confidence.

“The Philippines is in a very good position right now.

In fact, our competitiveness is the best it’s ever been,” he said.

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Normin...

from page 1 to mitigate the continuing biodiversity loss, particularly in the country, in exchange of progress.

The output of t he workshop is expected to

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

validate inputs, information, a nd recommendat ions ba s e d on re g iona l a nd local context, realities and obser ved trends for t he country’s own biodiversity strategy and action plan.

Nor ma Mol i nyawe, off icer in-charge of t he Biodiversit y and M a n a ge me nt D i v i s ion , Protected Areas and Wildlife Bureau, pointed out during the workshop, i s sue s c on f ront i ng t he ecosystem with regard to economic development.

She cited, for instance, the importance of forest cover where if undisturbed a dipterocarp forest intercepts at least 35 percent of rainfall and a logged over forest intercepts only less that 20 percent and a tree plantation only about 12 percent.

A preser ved forest of t h re e m i l l ion he c t a re s contains 307 million tons of carbon and can sequester 4.1 million tons per year.

Second growth production forest with the same area contains 253 million tons of carbon but losses one million tons a year, while tree plantations and agroforestry farms can contain 20 tons and sequester only two tons a year.

If fully functional, the country’s watersheds and aquifers could supply 146 billion cubic meters of water a n nu a l ly for dome st ic , agricultural and industrial uses.

She pointed out that the

Philippines ranks second among the 16 ‘extreme risk cou nt r ies i n t he world ’ identified as vulnerable to climate change.

The 2005 World Bank Study repor ted t hat t he Philippines vulnerability to natu ra l ha za rds cost government an average P15 billion annually or more t ha n 0.5 percent of t he gross domestic product, in direct damages.

DENR a lso sa id t hat Philippine mangroves can income more than US$ 500 per hectare a year.

“Fish is second most important staple food of Fi l ipi nos. Ever y squa re k ilometer of cora l reefs can supply up to 35 tons of edible and economically important fish per year,” the DENR said.

Record shows t hat between 2004 and 2010, agricultural and fisheries sector exports rose from $2.5 to 4.1 billion.

T h e c o u n t r y ’s t o p agricu ltura l expor ts, in terms of value are coconut oil, fresh bananas, tuna, pineapple, tobacco, a nd seaweeds.

Some of the gains that t he DENR cited are t he pr ov i s i on a l s e r v i c e s a country like the Philippines is bou nd to lose i f t he ecosystem will be taken for g r a nted due to t he a b s enc e of su s t a i n a ble development strategy where biodiversity concerns are at the forefront.

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Caraga... from page 1

and quarrying (15 percent).

Data from the National Economic Research and Business Asistance Center showed that for 2011, high growth came from transport and communication (24 p e r c e n t) , m i n i n g a n d quarrying (17.5 percent) and other services.

For 2 012 , g r ow t h ca me f rom mining a nd quarrying (29 percent) up from 2011’s 17.5 percent, construction (25.1 percent from a negative growth -2.6 percent in the prior year) and then, transport, storage and communication (18.7 percent down from 24 percent performance in 2011).

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