BusinessWeek MINDANAO
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2013 ppi’S Best in Business and Economic Reporting
YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER
thu-fri|September 24-25, 2015
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
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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)
11
2014 ppi’S Best in ENVIRONMENTAL Reporting
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