BusinessWeek Mindanao (September 24-25, 2015)

BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 040

Market Indicators

As of 6:00 pm september 24, 2015 (thursday)

FOREX

PHISIX

US$1 = P46.86

6,926.91

X

3 cents

X

124.32 points

Briefly Benefit disbursements BUTUAN City -- Benefit disbursements for Social Security System (SSS) members in this city and the rest of Northern Mindanao reached P1.98 billion for the first six months of 2015, reflecting an increase of 14 percent from the P1.73 billion released for the same period last year.

SSS Assistant Vice President for Mindanao North Division Edwin M. Alo said the payments for regular pensions of about 95,400 SSS pensioners in the area, which amounted to P1.78 billion, comprised 91 percent of the total benefit disbursements from January to June 2015.

“The six-month pension total for North Mindanao was 15 percent higher than the P1.55 billion we disbursed here for the first half of 2014. This increase was bolstered by recent SSS benefit enhancements, particularly the five percent across-the-board SSS pension hike that took effect just last year,” Alo said.

Agri courses THE Department of Science and Technology (DOST) region 10 announces that courses in agriculture, fisheries, forestry, geology, mining engineering, physics and physics teaching are top priority for scholarships that students can take up in their Bachelor’s degree.

Teresita Superioridad Baluyos, DOS T re g i o nal schol ar shi p coordinator said during the 3rd Northern Mindanao Career Advocacy Congress on 18 September 2015 in Cagayan de Oro City that DOST is making agriculture courses top priority in their scholarship in response to the demand of the employment sector.

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Biz groups to invest in Bangsa region www.businessweekmindanao.com

Thu-Fri | September 24-25, 2015

By IRENE DOMINGO Staff Member

T

HE business community has signified their commitment to help realize the hopes of the Bangsamoro people for a better life and end the four decades of conflicts in the area.

Several business groups, together with development agencies, met with Moro Islamic Liberation Front (MILF) Chairman Al-Hajj Murad Ebrahim at Camp Darapanan last week expressing their intention to bring investments into the region.

P r e s e nt d u r i n g t h e private meeting were representatives from First Agri Holdings Corporation (an affiliate of First Pacific Company Limited), Ayala Group of Companies (Ayala Corporation and Globe Telecom), Unifrutti Group of Companies, Meralco, PLDT, and Agusan Plantations, Inc. invesy/PAGE 11

DBM approves P5-B budget for Panguil Bay Bridge

By ERCEL MAANDIG Reporter

THE Department of Budget (DBM) has approved the release of P5.087 billion for the construction of the Panguil Bay Bridge in Misamis Occidental, Rep. Henry S. Oaminal of Misamis Occidental said Friday.

In an interview, Oaminal told BusinessWeek Mindanao that DBM Secretary Butch Abad has just approved the funding strategy and forward obligation authority for the construction of the bridge that would connect Lanao Del Norte and Misamis Occidental. dbm/PAGE 11

Davao chocolate fest opens today MORNING WALK. Workers check plots of lettuce every morning in a farm in Barangay Salumay, Marilog District, Davao City in this photo. mindanews photo by toto lozano

DOLE: Agribusiness, key job generator

By JASPER MARIE OBLINA-RUCAT, Contributor

THE Department of Labor and Employment (DOLE) Bureau of Local Employment

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.

(BLE) during its 3rd Northern Mindanao Career Advocacy C ong re ss l ast we ek i n

Cagayan de Oro City urged Career Guidance Counselors to introduce to students the career path in Agribusiness dole/PAGE 11

By JESSE PIZARRO BOGA MindaNews

DAVAO City -- The Davao Chocolate Festival returns this year with hopes to give more cacao farmers and chocolate makers in the region a platform to showcase cacao-based products, while further developing interest in cacao product development.

SM City Davao, together with the Cacao Industry Development Association of Mindanao Inc. (CIDAMI), opens today, Sept. 25, the festival, which will showcase chocolate processors, artisans, and purveyors.

The event opens in the morning with a ceremonial giant chocolate cake slicing, with activities and contests fest/PAGE 11

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Economy

ARMM builds P136-M worth of City dad underscores importance of ‘iodine’ infra projects in Lanao, Basilan M A R AW I C it y - - T h e Autonomous Region in Muslim Mindanao (ARMM) will build infrastructure projects amounting to P136 million in the provinces of Basilan and Lanao del Sur after memorandums

of agreement (MOAs) were signed last week at the region’s seat in Cotabato City.

The MOAs were between the ARMM’s Department of Public Works and Highways and two local government units. ARMM Governor

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

Mujiv Hataman led the signing with Don Mustapha L o on g , D P W H - A R M M secretary.

The projects in Basilan include the concreting of a six-kilometer road in Brgy.

Kapatagan Small, Isabela City to Brgy. Boheh Nange, L am it an C it y, an d t h e 4,500-meter road in Brgy.

Boheh Nange to Brgy. Sta. Clara in Lamitan City. The projects’ total cost amounts to P126 million.

“The two roads will form part of the trans-central road, a milestone project that will enable the people to traverse the province at the center and would open wide hectares of agricultural land open for development,”

OZAMIZ City -- Chairperson of the City Council Committee on Health in Ozamiz City underscored the importance of the use of iodine.

“Consumption of adequate amount of ‘Iodine’ is very important among pregnant women and in the prevention of malnutrition among children,” said Sangguniang Panglungsod Member Octavio O. Parojinog, Jr. during the Multi-Sectoral Forum on “Saktong Iodine sa Asin” held at The Royal Garden Hotel, this city, on September 18, 2015.

The forum was attended by barangay leaders and chairpersons of the Barangay Committee on Health from the city’s 51 barangays, as well as, market administrators and members of the different

Sec. Loong said.

He also noted that over P1 billion will be allocated for the trans-central road in Basilan in 2016. “We expect that the trans-central road will be functional in 2016,” he said.

E ar l i e r, t h e circumferential road in B asi l an was complete d allowing motorists to circumnavigate the province in shorter time. This time, the regional government has chosen the local government units as implementers to further develop their capability to undertake such infrastructure projects.

“This will help far-flung barangays and alleviate social projects/PAGE 11

vendors’ associations in the city.

Meanwhile, “Iodine” is a mineral that is an essential component of the thyroid hormones for the development of the brain and central nervous system, during fetal growth.

It also supports the stature and bone maturation processes, Marissa Dm. Navales, program coordinator of the National Nutrition Council (NNC), region 10, said.

“The lack of iodine or iodine deficiency disorder (IDD) results in a variety of abnormalities, such as goiter, miscarriage and stillbirth, as well as, congenital anomalies, like deaf-mutism, squinted eyes, poor growth, and mental retardation,” Navales also said.

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A Sinking Ship

T

Opinion

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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

hink a minute…Imagine we are on a large ship out on the ocean. The captain knows that there is a hole in the boat and we’re sinking, but he does not tell us passengers.

Instead, he invites us all to go up to first class. All the beer and liquor is free. We’re allowed to party and do basically anything we want on the ship. Naturally, we passengers are loving our freedom. But all the time we’re partying and getting drunk, the ship continues to sink.

Each minute brings us closer to our death. So what? Let’s eat, drink and be merry for we’re all going to die anyway, right? We might as well go out in style and have fun while it lasts.

This is actually the way many people live. They think they’re free—through alcohol, drugs, sex with anyone they want, cheating for more money or status, and anything else that makes them feel good for awhile. But their life is a sinking ship! Instead of being truly free, they’re actually slaves to their own appetites and uncontrolled physical desires for pleasure. Their life is empty and they’re desperately trying to fill it with all kinds of pleasures, prosperity, or power.

Yet, even though they know in their conscience that none of

THINK

A Minute

Jhan Tiafau Hurst these things satisfy them for long, they keep doing it.

Jesus Christ did not come to bring us a lot of strict, boring rules that take all the fun out of life. He actually came to save us from hurting and destroying ourselves, so we can finally be free from our own greed and uncontrolled physical urges. As the Maker of life, Jesus’ commands are simply life’s principles for real satisfaction and success.

His ways are like wings to a bird or sails to a ship. So why not finally get yourself free from your uncontrolled physical pleasures or greed?

Just ask Jesus to forgive you and start changing you daily.

Then you can begin to get the real satisfaction that lasts, not to mention be saved from sinking.

Just Think a Minute…

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What is a life that matters?

L

IFE’S INSPIRATIONS: “… There is an evil I have seen under the sun, the sort of error that arises from a ruler: Fools are put in many high positions…”

(Ecclesiastes 10:5-6, the Holy Bible).

-ooo LIVE A LIFE THAT MATTERS: Sometime in the distant past, I received an email from one Mary Ann San Mateo, a Filipina who has been in the United States, exhorting everyone to live a life that matters. I was awed by the message in that email, and I am sharing it with you today.

Here is the email: “Live A Life That Matters--- Ready or not, someday it will come to an end. There will be no more sunrises, no minutes, hours or days. All the things you collected, whether treasured or forgotten, will pass to someone else. Your wealth, fame and temporal power will shrivel to irrelevance.

“It will not matter what you owned or what you

were owed. Your grudges, resentments, frustrations, and jealousies will finally disappear. So, too, your hopes, ambitions, plans, and to-do lists will expire.

-ooo CHOOSE A LIFE THAT MATTERS: “The wins and losses that once seemed so important will fade away. It won’t matter where you came from, or on what side of the tracks you lived, at the end.

It won’t matter whether you were beautiful or brilliant.

“Even your gender and skin color will be irrelevant.

So what will matter? How will the value of your days be measured? What will matter is not what you bought but what you built, not what you got but what you gave.

“What will matter is not your success, but your significance. What will matter is not what you learned, but what you taught.

What will matter is every act of integrity, compassion, courage or sacrifice that enriched, empowered

or encouraged others to emulate your example.

-ooo W H AT I S A L I F E THAT MATTERS? “What will matter is not your c o mp e t e n c e , b u t y o u r character. What is important is not how many people you knew, but how many will feel a lasting loss when you’re gone. What will matter are not your memories, but the memories that live in those who loved you.

“What will matter is how long you will be remembered by whom and for what. Living a life that matters doesn’t happen by accident. It’s not a matter of circumstance but of choice.

Choose to live a life that matters…”

Yes, and so I ask: what is a life that matters? I can think of only two things that can make life a life that matters: loving the Lord our God and Savior with all our heart, with all mind, with all our strength, and loving our fellowmen as we love

K akampi

Mo A ng Batas

Atty. Batas Mauricio ourselves. Do we have these kinds of love?

-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.

Conflicts should occasion greater charity

C

harity, of course, has to be lived always, but especially when we find ourselves in conflicts.

We have to learn to see Christ in everyone, including those with whom we may have serious differences or are in conflict. We have to go beyond seeing others in a purely human way without, of course, neglecting the human and natural in us.

In short, we have to see others in a spiritual way, within the framework of faith, hope and charity.

Otherwise we cannot avoid getting entangled in our limited and conflict-prone earthly condition. And no amount of human justice and humanitarianism can fully resolve this predicament.

Thus, we need to develop and hone our skills of looking at others beyond the merely physical, social, economic, cultural or political way.

While these aspects are always to be considered, we should not be trapped by them.

There are many reasons for this. First would be that we are all brothers and sisters, created by God in his image and likeness, and made children of his through his grace.

In spite of our differencesrace, culture, beliefs, etc.we are meant to care and love one another. Thus, our Lord told us to “love your

neighbour as I have loved you.” (Jn 13,34) And how did Christ love us? By becoming man and assuming all our sinfulness, dying to it to give us a new life in him. His love was for everyone, and especially for those who were weak and handicapped not so much in the physical sense as in the moral sense.

That’s why he was close to the sinners, fraternizing with them. He would only show his dislike to those who were self-righteous.

Just the same, he loved all as proven by the fact that before dying on the cross, he asked forgiveness from his Father for those who crucified him.

We have to expand and deepen our attitudes towards others. Are we willing to t h i n k a lw ay s of t he m , keenly observant of how they are? Are we moved to pray for them and to leap to their assistance when the opportunity comes?

Our problem is that we tend to think always of ourselves, and our view of the others is mainly shaped by purely human motives that cannot reach the level of charity.

Let’s remember that as St. Paul said, we have to “bear each other’s burdens.” (Gal 6,2) Do we have that kind of outlook? Are we quick to help others even to the point of inconveniencing

ourselves?

We h a v e t o s t a r t dismantling attitudes, habits and practices that keep us imprisoned in our own world, mistakenly thinking that these actually would make us happy or are good for us.

These past days I had had the luck of meeting simple people who are thinking only of others. I did not hear any negative remark from them about anyone, and frankly, I felt so good talking to them.

It was a joy to be with them.

Our problem is that we tend to just gossip and gossip, our mouth and tongue quite on their own with hardly any supervision from a higher agency in our system. We are also affected by our prejudices and biases. Of course, we tend to forget charity when we encounter sharp differences with others.

We have to follow the example of Christ who tried to find something good even in those who were doing wrong. For example, one time he told his disciples to continue observing what their religious leaders taught them, but not to follow their example, because they do not practice what they preach. (cfr Mt 23,2) He made that distinction between what was taught and what was practiced, and did not lump up the right teaching with the wrong practice. We should be quick

HINTS

and

Traces

Fr. Roy Cimagala to find the right and the good things that can go together with the bad and wrong things.

Even with handling of dishonest money, he showed goodness of heart. Christ recommended that we “make f r iends w it h dishonest money,” so that when it fails we can still be welcomed to heaven. (cfr Lk 16,9) It’s not that we ought to foster dishonesty, but rather to learn how to make do and make use of evil things in this world to do good. This conclusion can be gleaned from the fact that our Lord summarized the whole episode by saying, “No servant can serve two masters...You cannot serve God and mammon.”

We need to b e proactive in seeing Christ in everyone and in eliciting true charity when we relate to them, regardless of the circumstances. roycimagala@gmail.com

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Aboitiz unit gets up to P10-B funding for Bukidnon project

A

WHOLLY owned u n i t of Ab oi t i z Power Corp.

(AboitizPower) has secured up to P10-billion funding for its 68.8-megawatt (MW) hydropower project in Bukidnon province.

Hedcor Bukidnon, Inc. “obtained loans and credit accommodations from a consortium of lender-banks in the amount of up to P10 billion.”

The funding will be used “to finance the development, construction, operation and maintenance of its 68.8MW hydroelectric power generation facility located in

Manolo Fortich, Bukidnon.”

BPI Capital Corp. was tapped as the lead arranger and bookrunner for the transaction, while Bank of the Philippine Islands -Asset Management and Trust Group served as trustee and facility agent.

The P12.5-billion project involves two units -- with capacities of 43.4 MW and 25.4 MW -- that will utilize hydropower resources from the Tagoloan River.

Hedcor Bukidnon -- the project company for this hydropower project -- is owned by Aboitiz Renewables, Inc., which in turn serves

as the holding company of AboitizPower’s renewable energy investments.

Scheduled for commercial operations in 2017, the 68.8-MW Manolo Fortich project will serve as the A b o i t i z P o w e r ’s 2 3 r d hydropower plant in the Philippines.

Ju s t l a s t Ju n e , t h e company -- through Hedcor Sabangan, Inc. -- started commercial operations of a 14-MW hydro project in Mt. Province, bringing the entire hydropower portfolio to a total of 185 MW. Besides in hydropower, AboitizPower is also keen

on utilizing other renewable energy resources such as solar through its partnership with US-based SunEdison, Inc. The two companies are planning to develop up to 300-MW solar projects over a period of three years.

Currently, AboitizPower’s attributable power generation portfolio totals about 2,300 MW -- involving coal, geothermal, hydropower and oil-based facilities.

The firm committed to have a portfolio of around 4,000 MW in the next five years as it continues to explore expansion opportunities locally and overseas.

Globe Annual Sustainability Report bags Gold in 29th Int’l ARC Awards GLOBE Telecom’s 2014 Annual Sustainability R ep or t, e nt it l e d “L et’s create a wonderful world” bagged the Gold Award at the 29th International ARC Awards, a highly-esteemed global competition honoring outstanding achievement in annual reports. Globe won in the Combined Annual

and Sustainability Report category.

“G l o b e s t r i v e s f o r excellence in all areas of operations. Proof of our success is our leadership in mobile and continued strong business performance brou g ht ab out by ou r passion for innovation and pursuit of superior

customer experience,” said Yoly Crisanto, Globe Senior Vice President for Corporate Communications. However, aside from financial gains, Globe has also embraced its responsibility to do social good across various sectors and adopt efficiency measures to reduce our impact to the environment.

The ARC Awards are globally recognized, providing a platform for the highest standards in the annual report industry.

Established by MerComm, Inc. in 1987, ARC Awards were created to honor overall excellence in annual reports, and to encourage noteworthy globe/PAGE 11

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Cebu Pacific’s check-in counters at the NAIA Terminal3.

The carrier’s strategic alliance with Singapore Airlines’ low-cost affiliate Tigerair has just been blessed by the Competition Commission of Singapore, a development seen boosting connectivity for Asian travelers.

Cebu Pacific-Tigerair deal gets Singapore regulator’s approval CEBU Pacific and Tigerair b o t h e nv i s i o n g r e a t e r connectivity for travellers in the region, following approval by the Competition Commission of Singapore (CCS) of the Strategic Alliance Agreement between the two airlines.

The approval of the alliance follows a thorough review by the CCS and enables Cebu Pacific and Tigerair to deepen cooperation for the Philippine and Singapore markets, according to a press statement issued by Cebu Pacific.

The two carriers have an existing interline cooperation as part of the alliance and the CCS approval allows both airlines to build upon the current arrangements.

Wi t h b o t h c a r r i e r s operating complementary networks, the strategic alliance provides greater connectivity to travellers, airline officials pointed out.

For example, Cebu Pacific’s passengers, particularly from the Philippines, can enjoy seamless connections onto Tigerair’s established network in South East Asia and India.

Tigerair’s customers, on the other hand, will be able to select from Cebu Pacific’s extensive network in the Philippines and North Asia.

The approval by the CCS creates greater potential for closer coordination on sales and schedules on relevant routes, offering customers more flight options at good deal/PAGE 9

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A griBusiness 8 New law enables PH to tap $1.6-B halal industry BusinessWeek MINDANAO

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THE Senate on Monday approved on third and final reading a bill seeking to establish a comprehensive program for the development

and promotion of halal export products.

Halal refers to meat from animals that have been slaughtered according to

Muslim law.

Senator Cynthia Villar said Senate Bill 2831 aims to increase investments and job opportunities in

the Philippines, particularly in Mindanao.

Entitled Philippine Halal Export Development and Promotion Act of 2015, the

bill, according to Villar, will give the Philippines a “very good position to excel in the halal trade industry with the economic integration of the

Market access continues to hound swine growers DAVAO C I T Y - - T h e Philippines remains an importer rather than an exporter of swine fresh cuts despite being certified free from the dreaded footand-mouth disease (FMD) by the Office International des Epizooties (OIE) or World Organization for Animal Health, Edward So, president of the Davao Hog Raisers Association said.

So in an interview on Monday said Mindanao

swine producers did not c apit a l i z e on it s F M D certification and just settled with locals as their major market. The problem lies on the lack of assistance from government to build markets, he noted.

When asked if Mindanao has sufficient supply, he said, “If there is a market, yes we can, we are always ready, but if there is no market, no one will invest.

If there is also a market, we

are faced with the difficulty in the accreditation process.”

Mindanao, he said, is producing about 20,000 h e a d s m o nt h l y a n d i s s upply i ng Vi s ay a s an d Luzon markets. Davao City’s production however is only enough for Davao, he added.

With the lack of available markets, the major market of swine producers is still from the locals, he said.

So also lamented that foreign markets impose

PhilRice develops cheaper irrigation for small-scale farms RESEARCHERS from the Philippine Rice Research Institute (PhilRice) are developing a cheaper alternative to drip irrigation as part of an effort to help small-scale farmers to cope up with the adverse effect of El Niño phenomenon.

Drip irrigation system is a method that involves water delivery through a pipe distribution network consisting of a main pipe, sub main, manifold and lateral pipes.

The water is emitted through small outlets of drippers or emitters into the soil to be irrigated.

However, the system is costly for ordinary farmers and they also encountered problems when it is used in sub-surface irrigation.

With this, researchers from PhilRice recommended a capillary-based irrigation that the farmers can easily fabricate and install.

D r. R i c a r d o O r g e , lead researcher, said the technolog y is a farmerfriendly system that has a simple do-it-yourself (DIY) design which will significantly reduce farmer expenses on irrigation.

“As a cheaper, cost-efficient alternative to drip irrigation system, our study uses a water distribution system similar to drip irrigation system.

However, it is equipped with emitters that make use of the capillary principle to deliver water through a wick,” Orge said.

Un d e r n or m a l f i e l d conditions, the water flows

from the water source towards the capillar y pipes, and through gravity, the water is introduced directly to the crops through the wick.

Because it operates at near-atmospheric pressure, the system can be made from cheaper or even recycled materials other than the conventional plastic pipes.

As for the wick, the cotton yarn has the most ideal traits.

According to Orge, aside from its uniform water discharge rate (WDR), it is also biodegradable, readilyavailable, and can last for at least two cropping seasons.

Initial results of their study showed that despite changes on ambient air temperature, the WDR of the system was not affected. Under 36- 37˚ C, the WDR is consistent at 32 ml/hr.

He said that the distance between the water level and the tip of the wick also did not affect the WDR. Orge also said that further testing will be conducted on the study to harness its full potential. (PNA)

stringent requirements on the Philippines exportable livestock, while they easily export their unwanted meat cuts also known as “wastes” into the country.

T h e D e p a r t m e nt o f Agriculture (DA) had forged a deal with Singapore in early 2007 for the shipment of fresh cuts and processed pork meat products.

DA tapped two Mindanao firms: the Matutum Meat Packing C or p (MMPC) based in Polomolok town in South Cotabato and the Davao City-based Nenita Quality Foods Corp., to start the exports.

But the transaction did

not push through after a hog farm in Luzon was detected of Ebola Virus. From then on, no exports of Philippine swine have been made.

So said during the upcoming Davao Trade Expo 2015 on September 2527 at the SMX Convention Center, Mindanao swine producers will fast track t h e i r d i s c u s s i on s w it h foreign attachés on the export processing policies of swine fresh cuts to ease the swine growers dilemma on export.

“Government specifically DA and DTI should help us on market accessibility,” So stressed. (PNA)

Poblacion 2, Villanueva gets P150T aid

By Micka Victoria

Some P15o thousand in aid was released to Poblacion 2, Villanueva, Monday this week.

Governor Bambi Emano turned over the check to Barangay Chairman Fe rd i n a n d Ag r av a nt e together with his barangay kagawads., in the presence of othe officials of the provincial government.

“Dako kaayo among pasalamat kang Gov. Bambi kay iya ming gihatagan ani nga ayuda. Dako kaayo ni nga tabang sa amuang barangay,” said Agravante.

The annual budget of barangay Poblacion 2 has not been approved by the national government forcing the said barangay to tap other sources for its survival.

The Vi l l anue va muni cip a l mayor has been helpless to respond to this critical problem of the barangay.

“Pasalamat gyud mi ni Gob. Emano kay wala niya tan-awa ang politika sa among mga punuan s a lu n g s o d ; k a nu n ay siya ga tubag sa among mga kalisud,” Bar. Chair.

Agravante added.

The sincerity of the Governor to ser ve the people of the province is shown in this particular instant: though belonging to different political parties, Gov. Bambi Emano did not hesitate to give aid to Poblacion 2, Villanueva known to be under the influence of Mayor Julio Uy.

Southeast Asean Nations (ASEAN).”

According to a Dubai Chamber of Commerce study, the halal food market would be worth $1.6 trillion by 2018.

At present, the country rel i e s on t he Nat i ona l Commission on Muslim Filipinos (NCMF) to promote and develop halal food.

Villar said the NCMF’s scope is limited to the domestic market and has nothing to do with export and trade.

Villar, chairperson of the Senate committee on agriculture, sponsored the bill co-authored by Senators Ramon Revilla Jr., Antonio Trilllanes IV, and Miriam Defensor-Santiago.

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

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DA10: Let’s end rabies together Rabies, according to the World Health Organization (WHO) is a neglected zoonotic disease that is transmitted from animals to humans, caused by Lyssavirus. It is endemic on all continents with the highest incidence in Asia.

Further, WHO reported that it is a 100% vaccine preventable disease. However, the Philippines is still in need of proper knowledge and implementation of the Anti-Rabies Act of 2007 (RA 9482), it still causes hundreds of deaths every year. The disease mostly affects poor, low-resource communities particularly children younger than 15 years.

Through the World Rabies Day for every September 28 of the year, it aims to raise awareness and promote prevention activities in communities with high incidence of the rabies virus.

Accordingly, the Department of Agriculture Regional Field Office 10 (DA-RFO 10) calls upon the people to End Rabies Together.

As this year’s theme, it highlights the importance of commitment across sectors: government, Non Government Organizations (NGOs), private sector, especially

pet owners, to take part in eradicating the spread of rabies to save both human and canine lives.

According to Elaine Llanera, Education and Communication Consultant of Global Alliance for Rabies Control (GARC) in the previously held Rabies Communication Planning workshop, she emphasized that there is a need to raise awareness on dog vaccination to achieve at least 70% vaccination coverage of dog population in all barangay and to promote rabies prevention and responsible pet ownership education to the people.

She added that there is a need to raise awareness on strengthening border control to prevent rabies as well as to encourage animal bite prevention and proper bite management practice.

Thus, according to Dr. Ma. Teresa B. Roa, Regional Rabies Focal Person of Region 10, the department thru the Bureau of

Animal Industry (BAI) undertakes distribution of vaccines to the Provincial/City Government Units thru the Provincial/City Veterinary Offices for the vaccination of dogs in Bukidnon and Misamis Oriental. Pet owners are encouraged to visit their nearest City/Provincial Veterinary Office to avail the free vaccination program for their pets.

According to her, this year, the region has provided vaccines good for 70% of the total dog population of the said provinces: 84,183

Deal...

With a fleet of Airbus A320-family aircraft, Tigerair operates flights to 38 destinations across Asia such as Singapore, Bangladesh, Greater China, India, Indonesia, Malaysia, M a l d i v e s , M y a n m a r, P h i l i p p i n e s , Ta i w a n , Thailand, and Vietnam.

Cebu Air Inc. is the largest carrier in the Philippine air transportation industr y, offering low-cost services to more destinations and routes

with higher flight frequency within the Philippines than any other airline.

CEB’s 55-strong fleet is comprised of 10 Airbus A319, 31 Airbus A320, 6 Airbus A330 and 8 ATR-72 500 aircraft. It is one of the most modern aircraft fleets in the world. Between 2015 and 2021, Cebu Pacific will take deliver y of 7 more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.

from page 5

value, the carriers said.

Cebu Pacific President and CEO Lance Gokongwei said, “CEB’s strategic alliance with Tigerair allows both carriers to le verage on each other’s strengths and complementary networks.

CEB offers the largest and most extensive network in the Philippines and Tigerair has an established network in South East Asia and India.

With the clearance from CCS, our customers can enjoy more options and seamless travel connections.”

In response to the approval of the Strategic Alliance Agreement, Tigerair CEO Lee Lik Hsin said, for his part, that the C C S approv a l “f u r t he r strengthens the potential for collaboration. Tigerair has already been working closely with Cebu Pacific in areas such as the interline agreement. Going forward, we will look in greater depth on how we can combine both our resources to provide even greater connectivity, convenience and value to our customers.”

Tigerair is a subsidiary of Singapore Airlines Limited and is listed on the SGX Mainboard. Established in 2004, Tigerair is a leading Singapore-based no-frills airline that offers affordable travel options and a seamless customer experience.

doses for Bukidnon and 56,190 doses for Misamis Oriental. This year also marks the second year of mass vaccination in Cagayan de Oro City, as it ranked 1st among all cities in the nation with the highest case of rabies, providing them with 24,500 doses which also comprises 70% of the dog population.

On September 27, the Cagayan de Oro Dog Pack Leaders, CDO animal welfare group, CDO Dog Walkers Club Inc, Mindanao Dog Owners buy and sell trade, among others, will

organize a Dog Walk from Divisoria Kiosko towards Rotonda.

LGUs play a vital role in eradicating cases of rabies in the country for they are the implementing unit of RA 9482, hence, DA-RFO 10 in coordination with the Department of Health (DOH-10) is also slated to spearhead a symposium for the barangay officials in Cagayan de Oro. According to Dr. Roa, this is to encourage them for the effective implementation of the law for “we have a memorandum circular to

enjoin all the mayors and the governors even the officials at the barangay level to formulate an enabling ordinance for that effect”.

She is also reminding everyone that vaccination is not 100% the solution to eradicate rabies but also to exercise Responsible Pet Ownership at all times, to be aware of the RA 9482 or the Anti-Rabies Act of 2007 not just among the Local Executives to properly implement the Act but to the pet owners as well.#(Charisse P. Salarda DA-RAFIS 10)

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Invest... from page 1

Also present to signify their support were senior officers from World Bank headed by its East Asia and Pacific Vice President Axel van Trotsenburg, Japan International Cooperation Agency in the Philippines’ Chief Representative, Noriaki Niwa, International Finance Corporation, and Philippine Business for Social Progress (PBSP).

The visit to the camp sends a strong message of willingness to bring investments into the Bangsamoro Region and provide employment and income opportunities.

“We are happy that you (private sector) are manifesting a strong message that there is hope,” MILF Chairman Murad said.

“Your coming is a very strong manifestation of your keen interest in helping us achieve our aspirations. We will not bear fruit unless everybody will be on board, especially you, the private sector,” he added.

Furthermore, as he expressed his heartfelt gratitude to the private sector for the gesture, he guaranteed support to their business endeavors in Mindanao.

“We cannot say other words but to assure you that the MILF is willing to be your partner in achieving prosperity,” MILF Chairman Murad said.

He also assured the private sector that alongside the negotiations for the Bangsamoro Basic Law, they are working on normalizations on the ground to ensure that changes will be sustained.

As proof of success, John Perrine, the Chairman of Unifrutti Group, claimed of the company’s more than nineteen years of uninterrupted operations in Maguindanao and Lanao del Sur despite the conflicts. He also provided evidence of the flourishing investment in the area, potential for expansion, and the increasing interest of investors.

The meeting was organized

by World Bank and PBSP as a strategy to encourage investments and help shape an enabling investment environment not only for the Bangsamoro, but for all the Filipinos. Concrete next steps will be formulated to continue the discussions, including the establishment of a coordinating mechanism between the MILF and the private sector.

This activity is also conducted in coordination with the Office of the Presidential Adviser on the Peace Process, through its Coordinating Committee on Cessation of Hostilities.

DOLE... from page 1

and other key employment generators in the country.

BLE Director Dominique R. Tutay said that children must be exposed to these kinds of career opportunities wherein they do not just become agriculturist but also become entrepreneurs by going up the value chain in manufacturing agriculture products, thus earning more.

She said that food is very basic and critical in order to develop and sustain the country. We must harness Agribusiness otherwise we just keep on importing from neighboring countries, she said.

Based on the labor force survey from July 2014 to July 2015, youth unemployment rate increased almost 1% from 15.8%

to 16.4% whereas it was declining from 2010 to 2013.

Meanwhile, Region 10 labor force decreased from 2,076 in 2014 to 2,022 in 2015.

In fact, Tutay said that youth composes half of the unemployed population where 50.4% or 1.351M youth from 15-24 years old while 46.3% or 1.241M from ages 25-54 years old do not have jobs.

She said that based on the labor market information report from 2013 – 2020, key employment generators include Agribusiness, Mining, Manufacturing, Power, Construction, IT-BPM, Health and Wellness, Hotel, Restaurant and Tourism Wholesale and Retail Trade, Banking and Finance, Transport and Logistics, Ownership, Dwellings and Real Estate and Education.

Meanwhile, emerging industries include renewable energy and shipbuilding.

Key employment generator is a major industry group with great potential to generate employment and absorb bulk of the workforce in the years to come. Meanwhile, emerging industry is an industry group growing at a rate faster than the economy and exhibiting potential to grow and prosper, thus capable of generating a large number of new and fresh employment.

She said that it is important to know what is in the labor market especially in making decisions for their career.

Tutay said that DOLE together with the Department of Education (DepEd), Philippine Regulations Commission (PRC), Department of Science and Technology (DOST), Commission on Higher Education (CHED), Public Employment Services Office (PESO) and Technical Education and Skills Development Authority (TESDA) have convergent programs on Jobs-Skills Matching particularly in K to 12, Philippine Qualifications Network, Career Guidance Advocacy Program and Enhanced PhilJobNet with the support of the Networks of Career Guidance Counselors in region 10.

She also urges the youth to check PhilJobNet online at http:// www.phil-jobnet.dole.gov.ph/ to find jobs and may download its app on mobile. A total of 1.5M companies are registered in the system. Job seekers can also search for job fairs in their area, Top Jobs and Top Hiring Companies. (JMOR/PIA10)

DBM... from page 1

Oaminal said the project, expected for completion in 2019, would have its fund through a loan from the Korean Exim Bank amounting to Php4.453 billion, while the national government would fund the remaining P633-million as its counterpart.

He said that when completed, the 3.6 kilometer bridge would accelerate economic growth in Mindanao’s North and Western regions as products and services would freely flow in these areas.

With the latest development, investors are now eyeing the various prospects that the neighboring areas of Misamis Occidental especially in the cities of Tangub, Ozamis and Oroquita could offer, Oaminal said.

He said that the economic development and prospects would certainly radiate toward Lanao Del Norte and the developing cities of the Iligan-Cagayan De Oro Economic Corridor.

According to Oaminal, the operation and maintenance of the Panguil Bay Bridge would be

assigned to a private contractor, which would collect toll fees from the motorists in coordination with the National Economic and Development Authority. (PNA)

Fest...

from page 1 in the afternoon. There will be talks on chocolate making and the business behind it as well as, a search for the best chocolate dessert.

The event will also feature special guests, chefs Jackie Ang Po and Rolando Laudico, who will be talking about making and cooking chocolates.

CIDAMI executive director Val Turtur said in Monday’s Kapehan sa Dabaw that the core of the event is really to highlight Davao as a cacao-producing city.

Other than the usual chocolate exhibits, SM City Davao, which will be holding the event in the mall’s annex building, will handle tours for children and students to educate them about the processes involved in making chocolates.

SM City Davao assistant mall manager Nick Santos said local chocolate makers and artisans will be on the spotlight during the event. This year, there will be 20 exhibitors, including local chocolate artisans like Lara Mia, Coco Dolce, Kablon, Malagos, and Cacao de Davao.

Turtur said that since the event debuted last year, many of the cacao farmers under CIDAMI are now engaging in cacao processing and exploring ventures that involve chocolate products. By opening windows to promote value added products, he said that his can potentially

increase the income of cacao growers as compared to just farming cacao.

The ripple effects of events like this, he said, can lead to inclusive growth and value of cacao that many farmers can benefit from.

Turtur said he hopes more and more farmers will learn to use modern technologies wisely in producing and processing cacao products because these can potentially increase yield and production.

The Davao Chocolate Festival will also hold interactive contests like scoring the festival’s Golden Ticket that entitles holders freebies (more chocolates) from the exhibitors.

A chocolate capsule is currently on display and customers may post about in social media.

Guessing the number of chocolate coins the capsule contains gives them a chance to win a golden ticket. (Jesse Pizarro Boga/ MindaNews)

Globe... from page 5

and vital writing, as well as imaginative and original design.

The competition is open to corporations, small companies, government agencies, non-profit organizations and associations, as well as agencies and individuals involved in producing annual reports.

“Globe Telecom’s annual report was one of the best in the 2015 competition. By winning the coveted Gold Award, Globe Telecom places among the

from page 2

and economic conditions in the affected communities,” Mayor Rosita Furigay of Lamitan City said.

Water systems will also be built in the towns of BacolodKalawi and Tubaran in the province of Lanao del Sur. The projects have a total appropriation of more than P10 million.

“Rest assured that we are doing on-site monitoring of our projects,” Sec. Loong added.

On September 4, a MOA for P124-million infra projects were also signed for the towns

OFFICE OF THE PROVINCIAL SHERIF NOTICE OF EXTRA-JUDICIAL SALE EJF File No. 2015-165 Upon extra-judicial petition for sale under Act No 3135 as amended by Act No. 4118 filed by HOME DEVELOPMENT FUND ( PAG-IBIG) with branch Office at Pag-ibig Fund Bldg., J.R. Borja St., Cagayan de Oro City against PANTINOPLE C. CASTILLANO, JR. married to MARYFE V. CASTILLANO, of legal age, Filipino citizen, with postal address at Lot 10, Block 22 Libertylc Woodland Heights Subdivision, Macasandig, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of July 6, 2015. Amounts to THREE HUNDRED THRITY EIGHT THOUSAND NINE HUNDRED SEVENTY TWO PESOS & 38/100 PESOS ( P 338,972.38), Philippine Currency, inclusive of interests, and penalty charges, the undersigned will sell at public auction on October 29, 2015 at 10:00 A.M. to 4:00 P.M. at the Regional Trial Court, Office of the Clerk of Court, Tourism Hall, Cagayan de Oro City to the highest bidder, for cash or manager check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-192900 Lot 10, Block 22, Psd-10-044328 2833-B, Psd-10-042604 Liberty Land Corporation ( Woodland Residential Macasandig, Cagayan de Oro City

top 5% best annual reports internationally. The judges were particularly impressed with the Interior Design and especially by the outstanding Graphics.

Bravo to Globe Telecom for producing a world-class annual report,” MerComm President Reni Witt said, adding that a total of 2065 annual reports were received from 35 countries this year.

Globe first won the award in 2012. Using the Global Reporting Initiative (GRI) standards for its sustainability reporting, the report is externally assured by ECCI International.

The Globe 2014 Annual & Sustainability report also bagged the Gold Award in Telecommunications’ Annual Report and Silver Award in Telecommunications’ Sustainability Report from the League of American Communications Professionals.

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 28 Mambajao, Camiguin

Projects...

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City

Lot : Portion of Lot : As surveyed for : Heights) Land use : Location :

of Parang, Buldon and Sultan Mastura in Maguindanao and in Tamparen in Lanao del Sur. The projects would be funded under the 2015 infrastructure budget program. At present, DPWH-ARMM is managing P10billion worth of projects across the region. (BPI/APB/PIA-10)

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NOTICE OF EXTRA JUDICIAL SALE Extra-Judicial Foreclosure No. 13-2015

Upon Exta-Judicial Petition for Sale under act 3135 as amended, file by PHILMEN’S CREDIT CORP., with business address at Door 3 Trinidad Building II, Osmeña-Luna Ext., Cagayan de Oro City, against EMERITA E. BLAKEMORE, of Agoho, Mambajao, Camiguin to satisfy the Mortgage indebtedness which as of July 7, 2014 amounts to TWO MILLION SEVEN HUNDRED SIXTY THOUSAND TWO HUNDRED TEN PESOS ( Php 2,760,210.00) Philippine Currency inclusive of interest and penalty charges and expenses of foreclosure the undersigned or his duly authorized deputy will sell at public auction on Novemeber 11, 2015 at 10:00 o’clock in the morning or soon thereafter at the main entrance of the Camiguin Hall of Justice, Mambajao, Camiguin to the highest bidder, for cash and in Philippine Currency, the following properties to wit: ORIGINAL CERTIFICATE OF TITLE NO. 9269 “ A parcel of land ( Lot 4986, Case 9, Cad. 473) situated in the barangay of Bug-ong, Municipality of Mambajao, Province of Camiguin, bounded on the NW., along line 1-2, by lot 4987; on the NE., and S., along lines 2-3-4,

by Barangay Road; and on the W., along line 4-1, by lot 5331 all of Cad. 473, Mambajao, Camiguin , Beginning at a point marked “ 1” on the plan being S. 74 deg. 32’W., 3,905.57 m. BLLM No. 1. “ Containing an area of ONE THOUSAND FORTY THREE ( 1,403) Square Meters.“ ORIGINAL CERTIFICATE OF TITLE NO. 9270 “ A parcel of land ( Lot 4988, C-9 Cad 473). Situated in the barangay of Bug-ong, Municipality of Mambajao, Province of Camiguin. Bounded on the E., along lines 6-12-3, by lot 5002; on the S., and SW., along lines 3-4-5 by Barangay Road; and on the NW., along lines 5-6. By lot 4989, all of Cad. 473, Mambajao Cadastre. Beginning at as point marked “ 1” on the plan being s. 74 deg. 03’W., 3821.44 m. from BLLM No. 1, cad 473. Containing an area of ONE THOUSAND FIVE HUNDRED NINETY FIVE (1,595) square meters. “ TAX DECLARATION NO. 0711029 “ A parcel od agricultural land located at Upper Bugong. Mambajao, Camiguin with all the improvements found thereon, covered with Tax Declaration No. 0711029, declared in the name of BLAKEMORE, EMERITA EBARLE, with the following boundaries : North – lot 4984 Antonio Madarieta ; South – lot No. 4986 Quirico and Sebastian Babia; East – Barangay Agoho and on West – lot 5331 Juana Cabalang, Containing an area of ONE THOUSAND THIRTY FOUR ( 1,034) Square Meters more or less. “

Containing an area of ONE HUNDRED EIGHTY SEVEN (187) SQUARE METERS, more or less, more or less, registered in the name of PANTINOPLE C. CASTILLANO, JR. married to MARYFRE V. CASTILLANO. All sealed bids must be submitted to the undersigned on the above stated time and date.

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following day without further notice, posting and publication.

Prospective buyers may investigate for themselves the title here-in aboved-described and encumbrances thereon, if any there be.

Cagayan de Oro City, September 14, 2015.

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

(Sgd) ANTONIO A. CAGULANG, JR. Sheriff IV

(Sgd) TEOFILO G. SABUGA, JR.

Sheriff IV

BWM: Sept. 18, 25 & Oct. 2, 2015

In the event that the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day without further notice, posting , and publication.

Prospective buyers may investigate for themselves the titles herein above described and encumbrances thereon, if any there be.

Mambajao, Camiguin this 14th day of February 2014.

BWM: Sept. 18, 25 & Oct. 2, 2015

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thu-fri|September 24-25, 2015

FRI-SAT | JULY 3-4, 2015

Section Editor: SHAUN AL

ALL BusinessWeek MINDANAO

ABOU

EMPRESS M

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EMPRESS M

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Editor: SHAUN ALEJANDRAE YAP UY

B1

My Top 5Michelle Francisco Destinations by

www.EmpressMichelleFrancisco.com

by

Michelle Francisco

www.EmpressMichelleFrancisco.com

I love traveling because it’s good for the soul. Seeing new places, going back to the same old places, meeting new friends, learning different cultures, appreciating history, eating good food and having fun with the family is something that makes me feel alive and connected to the world.

I mean, live life to the fullest and live for the moment!

Here are some of my favorite destinations (in no particular order) that I want to share with you all. I will also share the others with you soon.

Hope you enjoy them!

Beverly Hills, California If you ask me where I want to live aside from my beloved country, The Philippines, then I should say, Beverly Hills, baby! Why? I simply feel at home. There’s what they call, “spark”. I feel like I belong there.

There’s just a certain good vibe in the place. Whenever I’m in Los Angeles, I always visit Beverly Hills and go around Rodeo Drive for some retail therapy. There’s Chanel, Barney’s New York, Saks Fifth Avenue, Louis Vuitton, nice coffee shops and restaurants. I find Beverly Hills very laid-back, effortless and classy.

Shangri-La’s Boracay Resort & Spa Who doesn’t love the lovely island of Boracay? I’ve been there many times already and I still want to go back for more. For me, they have the best villas here in the Philippines.

Our favorite is their Tree House Villa because it’s a two-level villa located on a hillside of the resort. You have your own jacuzzi at the balcony while enjoying the ocean view. It also offers a butler service. They offer good food and I super love their buffet there.

The other restaurants are also equally good. How relaxing can that be? Just perfect!

Hong Kong If we want to eat authentic Chinese food (like our favorite Xiao Long Bao at Din Tai Fung), have fun in Disneyland, stay at nice hotels and do a little shopping; then, we go to Hong Kong. There are so many flights to Hong Kong from Manila and it’s just a 2 hour flight. I’ve been there many times already and I never get tired of visiting the place. We usually take a side trip to Macau just to stay and relax at our favorite hotels there which are Wynn and Encore.

DESTINATIONS

Page B2

Hello to all the loyal readers of BusinessWeek Mindanao!

I am so happy and grateful to be able to write here and share my thoughts on just about everything. Thank you so much, Mr. Dante Sudaria, for this opportunity! This is my first time to write in a newspaper and of course, it should be in the Lifestyle Section.

I prefer writing something or anything happy, positive and good vibes because I believe that to make this world a better place, we must all choose to focus, talk and see only the positive things in

our lives so the negative ones would disappear.

For my first article, let me tell you something about myself. I am Michelle Francisco or you can simply call me, M. I am a wife, mother, homemaker, philanthropist, blogger and a visionary.

I am married to Elmer Francisco (www.

ElmerFrancisco.org) and we have a son named Dominic.

I am 32 years old. I was born and raised in Cagayan de Oro City, Philippines. I went to Corpus Christi School for elementary and high school then I graduated from Assumption College, San Lorenzo Village, Makati City, Philippines with a degree of Bachelor of Science in Entrepreneurship.

I am a Leo and my favorite color is white.

I am a lover of the Universe! l love my family so my happiness is taking care of myself, my son and my husband which is why I love everything related to home like home keeping, baking, cooking, cleaning and so on.

I also love writing so I have a blog (www.EmpressMichelleFrancisco. com) where I share my life to everyone.

I write about fashion, travels, recipes, food, home keeping, politics, life lessons, favorite TV shows, movies, beauty tips,

BusinessWeek MINDANAO

B2

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Southeast Asia’s leading wedding portal Bridestory expands to the Philippines Bridestory, Southeast Asia’s leading wedding marketplace that helps couples with their weddings and provides a platform for wedding professionals, is expanding to the Philippines.

Several weeks ago, Bridestory launched a local website for the Philippine market (www.bridestory.com.ph). The company will also launch a mobile app for wedding vendors across the globe later this month.

The Indonesia-based online wedding platform seeks to establish more presence in the country to administer their on-ground operations more efficiently.

Bridestory, which has over 200 curated vendors in the Philippines, currently manages its relationships with Filipino vendors from its Jakarta headquarters.

Bridestory has received investments from Rocket Internet, Sovereign’s Capital, Fenox Venture Capital, East Ventures, Lippo Digital Ventures, Skystar Capital, and BEENOS Plaza in the past year.

“Bridestory is like Pinterest for weddings but more,” said Kevin Mintaraga, Chief Executive Officer of the firm. He adds that Bridestory combines the convenience of having a wedding directory and an inspiration site in one portal.

“When brides or grooms look for inspirations, they commonly use wedding directories and inspiration sites. But with

Bridestory, they can get direct information from the vendors behind each inspiration,” he explained.

Couples can search for vendors that are grouped in Bridestory based on the services they offer—including dress and attire, catering, hair and make-up, flowers, and photography—in over 20 categories.

“Couples who plan their wedding with Bridestory will end up with better, more beautiful, more savvy wedding, since we believe that they will make a well-informed decision with Bridestory,” Mintaraga said.

Mintaraga added that the platform is not just for couples but also an avenue for vendors to promote their businesses.

“Bridestory is for wedding professionals who seek to seize the opportunities of the growing digital market,” said Mintaraga.

Over 15,000 vendors from 39 countries, including 12,000 hailing from the Southeast Asian region, presently sell with Bridestory.

Approximately 150,000 business inquiries are received by registered vendors monthly.

According to Similarweb, Bridestory has become the most visited wedding website in Southeast Asia by August 2015. Its site traffic reaches 500,000 visits per month. In addition, Bridestory also owns one of the world’s largest wedding Instagram network, reaching out to more than 2 million people globally.

Hong Kong

DESTINATIONS from Page B1...

Paris, France The City of Light! I’ve been to Paris only once but I still plan to go back. Such a lovely city with so much history, grandeur, arts, good food, culture and, of course, shopping! If you love designer bags like Louis Vuitton, Hermes, Balenciaga, Goyard and so on, it’s the best place to shop for those expensive handbags. I remember the last time I was there, I only had 1 hour left to shop because we were with the tour. So, I ended up buying 5 bags in 1 hour. I was literally in a hurry. Happy memories! The best! Of course, you have to visit the iconic Eiffel Tower, The Louvre Museum and the others.

Las Vegas I love visiting Vegas because they have the best restaurants there of which the owners are the world’s most famous chefs like Bobby Flay, Wolfgang Puck, Giada De Laurentiis, Mario Batali, Emeril Lagasse and so on. I love nice hotels so my favorites there are Wynn and Encore.

They’re simply the best of the best. I usually stay there for a week and just eat, go to the spa (Wynn and Encore has the best spas) and watch some shows. My favorite shows are Le Rêve at The Wynn Hotel and The Phantom of the Opera at The Venetian Hotel. It’s never boring in Las Vegas…

Top Left: Cabana at Wynn Hotel Poolside Top Right: Hotel Room at Wynn Las Vegas Tower Suite Bottom Left: Enjoying the famous “Frrrozen Hot Chocolate” at Serendipity 3 Las Vegas Bottom Middle: The best buffet in Las Vegas, “The Buffet” at Wynn Bottom Right: My favorite steak in the world at Wolfgang Puck’s restaurant, “CUT”

“Travel is the only thing you buy that makes you richer.” Unknown “Don’t tell me how educated you are, tell me how much you traveled.” - Mohammed For more travel photos, visit www.EmpressMichelleFrancisco.com

M

Love,

You can follow me at these social media: https://www.facebook.com/groups/EmpressMichelleFrancisco https://www.facebook.com/EmpressMCF https://instagram.com/empressmichellefrancisco https://twitter.com/empressmcf

BusinessWeek MINDANAO

Billboard B3 The Print Shop Expo – PSX 2015 Kicks off @ Cagayan de Oro, PH on September 24-26, 2015 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

thu-fri|september 24-25, 2015

The Print Shop Expo 2015 (PSX15) sets more than 100 booths of the latest printing, imaging, prepress, large format advertising, ad and sign-making, T-Shirt printing, ink supplies and materials, tools, and equipment for creative, printing and advertising industries at The Atrium, Limketkai Center, Cagayan de Oro City , PH on September 24 to 26, 2015. PSX 015 is an ideal trade show to expand business by way of meeting serious customers and buyers, grabbing first-hand business ideas, upgrading tools, sourcing technologies and ideas needed by industry players in Mindanao area.

The event will feature free seminars for business/ entrepreneurs on ‘How to Start a Print Shop Business’. The

seminars begin on the 24th ‘till 26th of September 2015 from 1:30PM – 4:30PM daily. The seminars will cover topics like Large Format Printing on Various Media, T-Shirt Printing, Print-OnDemand, Printing

on Promo Materials/ Corporate GiveAways, such as, mugs, caps, bags, glass, pens, hats, etc., and Internet Marketing.

The seminar is free of charge. The PSX15 is organized

by Fiera de Manila, Inc. (www.fmi.com.

ph), organizer of one of the country’s leading marketplace and trade shows for creative and printing – The annual Graphic Expo.

The PSX 2015 recognizes Cagayan de Oro as an open market for printing

businesses and solutions in the country. This event will link print buyers, suppliers, businessmen, and entrepreneurs for business opportunities, knowledge sharing with key players in

the industry, and latest trends in the printing market.

For more details, please check: http:// www.fmi.com.ph/ printshop2015/ Everyone is invited to come and visit the Print Shop Expo 2015!

B4

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

thu-fri|september 24-25, 2015