Page 1


French company eyes solar power component production in PH

FMIC eyes over 7% growth for PHL in 2nd half of 2013 Economy


Corporate World

SKK Mobile launches another Qua-core Smart phone

Swiss Film to open Cine Europa 16 at Rodelsa Hall






Market Indicators

As of 6:15 pm sept. 25, 2013 (Wednesday)



US$1 = P43.44

6,420.42 points

7 cents


40.96 points


Briefly Public awareness THE Region-10 office of the National Statistics Office (NSO10), which celebrated its recent 73rd founding anniversary, has focused on various community services and public awareness programs for this year. “In an effort to restore and rebuild our environment, the office spearheaded a TreeGrowing Program in Barangay Balulang Riverside. This is in partnership with Department of Environment and Natural Resources (DENR), and the Local Government of Barangay Balulang,” officer-in-charge Director Marilou B. Igdon said. With this, Igdon turned over assorted medicines, and extended technical support to the Cagayan de Oro Federation of Persons with Disabilities As so c iat io n in Barang ay Consolacion.

NGCP reinforces Mindanao grid’s security contingent By MYRNA VELASCO, Contributor

AFTER an alleged sabotage at its Balo-i substation in Lanao del Norte, the National Grid Corporation of the Philippines (NGCP) has further beefed its security contingent for identified critical areas in the Mindanao grid. Last week’s incident caused more than seven hours of power interruptions in affected areas, including the franchise area of the Lanao del Sur Electric Cooperative. On the sidelines of the launching of the Interim Mindanao Electricity Market (IMEM) on September 20, lawyer Joseph Ferdinand Dechavez, NGCP special adviser to the President, divulged that their security force across vital NGCP installations in the grid had been reinforced by additional 30-percent. He emphasized that various memorandum of agreements were previously firmed up by NGCP with law enforcement agencies, such as the Intelligence Service of the Armed Forces of the Philippines (ISAFP), Philippine National Police (PNP) and AFP purposively to strengthen the deployment of security force at its facilities. ngcp/PAGE 23

For Inquiries: Call or Text : (02) 577-3812 09178445981 Email: Website:


Page 13

PSALM wants exemption from spot market fees D By MYRNA VELASCO, Contributor

ESPITE its dominant position as a market player, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) has been seeking exemption from paying market fees for its capacity that will be channelled through the Interim Mindanao Electricity Market.

“PSALM would want to request for an exemption to said fees considering that PSALM has no transaction in the IMEM,” company President Emmanuel R. Ledesma Jr. has noted. He added that “all available

capacities of PSALM plants are f ully a llocated to our customers,” which he further qualified to have been covered by supply contracts. Ledesma noted his company supports the IMEM and is not

Best credit surety DAVAO del Norte has been cited as the best credit surety fund (CSF) program implementer in the whole Mindanao region, as recognized by the Bangko Sentral ng Pilipinas (BSP). The province was commended for being the Most Outstanding Local Government Unit (LGU) Partner, and for having the Most Outstanding CSF, and Most Outstanding Cooperative in the Mindanao region in the implementation of the fund. “The fund is an important covenant that allows the LGUs and the coops to be the driver of economic growth,” said BSP Deputy Governor Diwa Guinigundo.


Thursday - September 26, 2013






DENR raises awareness for anti-illegal logging

necessarily objecting to the imposition of market fees. Still, the government-owned energy firm wants to be exempted from paying such. With the gross pool design of the interim Mindanao spot market, all capacities will still have to go through the market for dispatch scheduling, including those of PSALM. Ac c ord i n g t o m a r k e t operator Philippine Electricity Market Corporation, about 78-percent of energy capacity that will be traded in the market will be PSALM’s portfolio. psalm/PAGE 23

Holcim names regional finalists in search for top Pinoy masons By BUTCH D. ENERIO, Correspondent

BUSINESS AS USUAL. Normiya Uto continues selling grilled bananas along the highway in Barangay Kapinpilan, Midsayap town in North Cotabato Province despite the skirmishes in adjacent barangays between government forces and the Bangsamoro Islamic Freedom Fighters (BIFF). Uto, who was from Barangay Mudsing and now lives in Kapinpilan, has also been a ‘bakwit’ many times. Some evacuees have sought refuge in Kapinpilan. mindanews photo by ruby thursday

Mindanao Daily NEWS

LEADING cement maker, Holcim Philippines, Inc. has identified 46 regional finalists who will compete in the 4th ‘Galing Mason Awards’, t he compa ny’s f lagship corporate social responsibility program that recognizes the country’s top masons. The finalists from 16 regions made it to the finals a f ter best ing 178 ot her contestants nominated by reputable orga nizat ions and individuals in their respective communities.

They were chosen based on t heir professiona l accomplishments, e m p l o y m e n t h i s t o r y, community participation and family relationship. The regional finalists will now move on to a skills competition, where their masonry proficiency will be assessed as they build a perimeter fence for a public school in Calamba, Laguna. The top scorers per region will then advance to the national finals. holcim/PAGE 23

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PHL stocks extend slump on US budget woes

MANILA – Investors’ worries over debates on the United States budget ceiling sent Philippine stocks lower for a second day on Wednesday, mirroring other Asian markets. The benchmark Philippine stock exchange index (PSEi) declined 40.96 points or 0.63 percent to 6,420.42 from previous day’s 6,461.38 finish. “Market remains cautious as they continue to track developments overseas –taper talks in US and their budget extend/PAGE 21


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FMIC eyes over 7% growth for PHL in 2nd half of 2013 MANILA -- First Metro Investment Corporation (FMIC), expects above seven percent growth for the Philippine economy in the second half this year. In the monthly publication published along with the University of the Asia and the Pacific (UA&P), “The Market Call”, Metrobank’s investment bank said further deceleration of inf lation a nd higher government infrastructure spending will buoy domestic growth from July to December 2013. “We remain opti¬mistic that GDP grow th in H2 will again exceed the six to seven percent target of the

government,” the September issue of the Market Call said. Growth has been very strong after posting the highest expansion, along with China, in the first two quarters of the year. Grow th, as measured by gross domestic product (GPD), rose by 7.7 percent from January to March this year and by 7.5 percent the following quarter bringing the year-to-date average at 7.6 percent, the highest in

Southeast Asia and the same level as that of China. “Continuing low interest envi¬ronment (especially with the outward movement of SDA funds from the BSP) and better exports prospects provide additional support to this view,” the report said. Domestic interest rates have been low for some time now as the low-inf lation environment along with robust domestic grow th

allowed monetary officials to keep rates steady at recordlow. To date, t he Ba ng ko Sent ra l ng Pi l ipi nas’ overnight borrow ing or reverse repurchase rate is at 3. 5 percent wh i le the overnight lending or repurchase (RP) rate is at 5.5 percent. Last year, central bank’s policy-making Monetary FMIC/PAGE 21

MANILA – The Department of Trade and Industr y’s Bureau of Export Trade Promot ion (DTI-BETP) and the Philippine Exporters Confederation, Inc. (Phi lexpor t) urged local small and medium e nt e r pr i s e s (SM E s) t o access externa l funding in order to enable them to participate in country’s export performance.

DTI pushed SMEs to participate in value added activities such as exporting to upgrade the local enterprises and products and soon gain benefits in export activities. “The Philippines is on the radar of the global economy. With the increase in trade, there is a risk involved, and we have to partner with the private sector for assistance to take calibrated risks.”

BETP Director Senen Perlada said. Fu r t he r, Ph i le x p or t President Sergio Or tizLuis Jr. a lso noted t hat exporters have vital role in accelerating economic growth, yet accessing to external funding remains a challenge. “With very tight cash flow from reduced business volume from traditional

markets, many local firms rely on external financing to fund production, research and development, advertising, tech nolog y acqu isit ion, capacity building, marketing and other cost that come before companies are able to generate revenues from transactions,” Luis said noting the importance of external funding to local export/PAGE 21

SMEs asked to access external funds to boost export performance

Mindanao Daily 15 NEWS

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Mr. Roderick “Rod” T. Enriquez has a sterling track record of over 20 years with five banks all over the country. He earned his Master of Business Administration with academic distinction from the Globis University of Tokyo, Japan where he distinguished himself as the first ever international student accepted from overseas under the Globis International Leader Scholarship. He was also the recipient of a Postgraduate Diploma with Highest Distinction from the JapanAmerican Institute of Management Science in Honolulu, Hawaii under the Fujitsu Asia-Pacific Scholarship Program. He is currently area head of one of the top 5 banks in the country.

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Villar Group begins foray into power industry THE Villar Group plans to brea k into the power generation business this year. On the sidelines of the Power Trends 2013 forum ye sterd ay, Pr i me A s s e t Ventures Inc consultant Froilan A. Tampinco said t he compa ny is look ing at potential investments in off-grid areas, or those in far-f lung locations not con nec ted to t he ma i n power grid. “Ac t u a l ly y u ng f i rst ve nt u re n i l a i b a y u n g magco-construct a nd operate, sila lang magfuf u nd pero k a n i la y u ng

p l a n t a ,” Ta m p i n c o , a former president of staterun National Power Corp (Napocor), said. He said t he group of former senator Manuel B. Villar will kick off its power generation business in such areas in the Visayas. Ta m p i n c o s a i d t h e group aims to complete its projects, which would primarily be diesel plants, “within the year’s time.” “ T he y a re pl a n n i n g also to involve themselves perhaps in t he Pa lawa n group. They’re think ing about it,” he said, referring to the resort province, which

early this year wallowed in brownouts. The Villar Group’s power generation arm, Tampinco

said, will be under a new corporate vehicle that will be established for the said purpose.

Aboitiz hikes UnionBank stake LISTED Aboit iz Equ it y Ventures, Inc. (AEV) has increased its stake in its bank ing subsidiar y, t he company said in a disclosure on Friday. “AEV bought today a total of 7,463,129 common shares of UnionBank of the Philippines at a price of P120.58 per share,” the disclosure read. T h e pu rc h a s e pr ic e reflected a 0.82% premium over the P119.60-per-share closing on Thursday. Of f icia ls were not immediately available for

details. But as of June 30, AEV had 44.16% stake in t he ba n k, consist ing of 283.24 million shares out UnionBank’s 641.42 million issued a nd outsta nd ing shares, a regulatory filing showed. UnionBank was incorporated on Aug. 16, 1968 and operates as a universal bank through its universal banking license acquired in July 1992. It provides ex pa nded commercia l banking products and services such as loans and deposits, aboitiz/PAGE 21

French company eyes solar power component production in PH SCHNEIDER Electric plans to put up a manufacturing faci lit y for sola r power components in Cavite. Schneider Electric Philippines president Philippe Reveilhac, said the company

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is keen on putting up the said facility to complement its manufacturing hub in the province. “We have been working on a project for ou r manufacturing in Cavite. It hasn’t been implemented yet but it’s part of the plan,” he said. The proposed plant will allow Schneider Electric to manufacture solar power parts but not the panels. The project, once put up, will help support the c ou nt r y ’s s o l a r p owe r industry, which Reveilhac sa id shou ld “ boom” on account of the net metering and tariff incentives approved by regulators. “We have been prioritizing it but it’s very difficult to say [the timeline]. [But] as soon as we can because we want to make it a showcase,” he said. A France-based multinational, Schneider solar/PAGE 21

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

Editor : Shaun Uy, E-mail:




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Liceo U’s Next Moves Concert a Hit T


hey owned the stage not just for one day but for two more days. Next Moves, Liceo U’s premiere dance company wowed the audiences at the Rodelsa Hall with their first venture into a full-length dance concert. Their special presentation attracted mixed audiences from young students to professionals and all came out mesmerized and in awe of the dance company’s talents and powerful skills. Gripping modern pieces such as their take on the Napoles scam and the Sendong catastrophe plus their classic dance repertoire took the audiences to a different high. Young girls failed to contain their giggles and shrieks as the performers took a different beat during the hip-hop segment. And when it came to the love dance suites, the audience went totally wild. Such hysteria is rare in a venue like Rodelsa Hall and only the energy and charm of Next Moves can illicit such. Their graceful and unparalleled movements and distinct brand of storytelling made them one of the most prolific and recognized dance crews in Cagayan de Oro

City and a group to reckon with in regional and national competitions. They have represented Liceo de Cagayan and the City in various dance tilts in Mindanao and in Manila. They emerged as the North Mindanao Champion and recently landed in the top 6 best dance crews all over the country in Smart’s Jump-In Dance Off at Smart Araneta Coliseum. Composed of 39 talented young Liceans, the group shared the stage with guest artists such as Ms. Karissa Falcon, (a Ballerina and Miss CdeO 2013 Best in Talent), Next Moves Alumni Rey Gutierrez and Ronald Danas, Folkloric Dance Troupe Choreographer Richard Pia, Marky Dee and Lyan Tubella of the Liceo Pep Squad, guitarist Rafael Oviedo of the Liceo College of Music as well as two of the most active dance groups Power Ninetees and Footprints. Next Moves is under the artistic direction of multiawarded dance maven Roger Odron. He is also the head of Liceo Folkloric dance Troupe and the Liceo Titans All-Stars Pep Squad.


Swiss Film to Open Cine Europa 16 at Rodelsa Hall


n the latest edition of Cine Europa here in Cagayan de Oro, a critically-acclaimed Swiss film will pave the way for the four-day film festival at Liceo U’s Rodelsa Hall. “Operation Libertad” by filmmaker Nicolas Wadimoff tells a fictional story about the destiny of young Swiss revolutionaries in the late 1970’s. This film caught the attention

of international critics and has landed a spot as one of the featured films in the Director’s Fortnight at the 65th Cannes International Film Festival in France. As stated in www., the film revolves around a revolutionary group that tries to uncover a 1970’s money laundering operation by a South American dictator in a Swiss bank.

This mock documentary has received favorable reviews from film buffs and movie critics. Gracing the official opening of the 16th Cine Europa in Cagayan de Oro is no less than the Head of Delegation of the European Union to the Philippines Ambassador Guy Ledoux. Other dignitaries from the EU member countries are also expected to grace the

Cagayan de Oro leg. This is the fifth year in a row that the Delegation of the European Union to the Philippines partners with Liceo de Cagayan University in showcasing awardwinning films from Europe. Aside from Switzerland’s entry to the festival, 20 other films from 16 countries will be screened for free at the Rodelsa Hall from October 10 until October 13. The

festival will then visit Davao City on October 15-20. To know more about this exciting cinematic fare, please feel free to call the Office of Cultural Affairs of Liceo de Cagayan University at (088) 8584093 to 95 local 109 or text/call: +63917 636 6528 and look for Mr. Owen Jaen or Mr. Sheldon Frias. See you at Rodelsa Hall!

Mindanao Daily 19 Billboard SKK Mobile launches another Quad-core Smart phone

thursday | september 26, 2013

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Packed with great features for a tech-savvy Juan

o keep up with the increasing demand for quad-core smart phones. SKK Mobile, one of the fastest growing mobile phone brands, introduced SKK Mobile Platinum – a quad-core smart phone with 5 inch HD LCD screen and 16GB internal memory. Platinum sports 13 Megapixel rear camera and 8 Megapixel front camera which is perfect for selfies. Connection to the internet is easy via Wi-Fi or 3G. Storage is not a problem with 16GB of internal memory and 1GB of RAM so user can download lots of useful apps. One of the unique feature of SKK Mobile Platinum is Air Slide, wherein you can wave your hand in front of the unit to navigate to gallery, home screen etc. As in introductory offer, SKK Mobile invites every Juan to visit

the grand opening of their stores in Robinsons Lipa, SM San Pablo, SM Tarlac, SM Pampanga or Mega Center Cabanatuan and avail a whooping Php 2,000.00 discount for every purchase of SKK Mobile Platinum on October 5, 2013 2pm to 3pm. Other units with discount are Phoenix Tablet TV (Php 3,099), A99 Android Phone (Php 1,899), W400 WiFi Phone (Php 1,299) and Q8 qwerty TV Phone (Php 799). SKK Mobile is registered with NTC and operates concept stores and kiosks in major malls and retail shops nationwide. SKK Mobile maintains company owned service centers to ensure quality and prompt customer service. To know more about SKK Mobile, visit their face book fan page at Mobilephone

GT Cosmetics founder featured in ABS-CBN TV program ABS-CBN’S current affairs TV program “My Puhunan” will bring to the fore the success story of self-made Cebuana entrepreneur and GT Cosmetics founder Leonora B. Salvane on Sept. 25 (Wednesday) starting at 4:15 pm. Salvane, in this particular program episode, tells broadcast journalist and “My Puhunan” host Karen Davila about the transformation of her soap-making business into what is now a burgeoning GT Cosmetics Manufacturing company. Salvane’s story began with an answered prayer in 1994 in the northern town of Liloan, Cebu. With a P500 capital, Salvane began making bars of papaya and carrot soaps in her kitchen, using only baking pans for molds. The soap making then became a family activity as her children joined her in the packaging of the finished products. From a daily production output of 50 soaps with only four workers, GT Cosmetics now has two manufacturing plants in Cebu and Bulacan with a total of 334 people in their employ and produces 25,000 of each product line, including the bleaching soap, moisturizing and

bleaching creams, sunblock, clarifying toner, and carrot lotion. In the motivational “My Puhunan” program, Salvane shows her philanthrophic nature as she helps out an aspiring but held back family from Antipolo by providing them not just a substantial amount of capital but a complete package of tools and equipment as well, including the molds and ingredients, enough to get them by soapmaking business. Salvane, who acknowledges the Almighty’s hand in all her endeavors by branding her skin-care products GT – or God’s Talent, said she was just doing the Lord’s work. “There’s a reason for whatever’s happening to us,” Salvane said. “We’ve come this far in our business surely because of Divine Providence. Actually, she didn’t have to thank me for that. I was just the instrument of the Lord’s blessing.” “My Puhunan,” which is according to ABS-CBN aimed at helping ordinary Filipinos jumpstart their own businesses, is aired every Wednesday starting 4:15 pm on Channel 3 in Cebu.

Ajinomoto Visayas cookfest is on

A TOTAL of 20 school teams from all over Cebu province and Bohol test each other’s cooking mettle today when the Ajinomoto Umami Culinary Challenge – Visayas 2013 (UCC-V 2013) gets underway at the SM City Cebu Trade Hall. Led by overall defending champion SEACAST from the University of Cebu (UC) – Maritime Education Training Center, the teams will vie for top honors in the following categories: Best Filipino Umami Dish, Healthy Asian Umami Dish, and My Owm Umami Creation. The teams turning in the best dish that maximizes the full potential and usage of the umami

taste in each category will be declared winners. Emerging Cebu champion in the Best Filipino Umami Dish category will then be pitted against the UCC-Iloilo category winner in a Visayas Showdown that will send the eventual winning team to the national finals in Manila set during the 5th Ajinomoto Umami Culinary Challenge in February next year. The school team with the highest score after competing in the three categories will run away with the UCC-V 2013 overall championship and the mostcoveted Umami Bowl Award for excellence. The Ajinomoto Umami Culinary

Challenge is an inter-school cooking competition focusing on umami as the fifth basic taste held annually starting in 2010. To have a nationwide coverage, Ajinomoto started holding UCC in the different cities of the country beginning with Cebu last year and Iloilo this 2013. Other schools participating in the UCC-V 2013 are Britech Interface Computer College, Benedicto College – Mandaue, Cebu Eastern College, Cebu Institute of Technology – University, Cebu Mary Immaculate College, Cebu Roosevelt Memorial Colleges, Cebu Technological University (CTU) San Francisco, CTU - Tuburan, CTU

– Moalboal, CTU – Daanbantayan, CTU – Danao, Felipe R. Verallo Memorial Foundation Inc., Holy Name University – Tagbilaran, International School for Hotel and Restaurant Management, Lapulapu City College, Mandaue City College, UC - Lapulapu and Mandaue, UC – Main, and University of Southern Philippines. An impressive panel of judges composed of culinary experts, food columnists and writers, and nutritionists has been tapped to pick out the best of the best in the UCC-V. The UCC-V 2013 is open to the general public as well who will learn knowledge and skills from

experts in the food industry via the informative seminars likewise scheduled for the whole-day affair. Resident chef Russel R. Bautista, Food and Nutrition Manager of Ajinomoto Philippines Corporation (APC), is the UCC-V Project Head, while Competition Director is culinary expert and cookbook author Nancy ReyesLumen. The UCC-V is organized by APC, an affiliate of Ajinomoto Co. Inc. of Tokyo, Japan. The Ajinomoto Group is committed to safety and reliability and places importance on promoting “Food and Health” around the world through its innovative technologies

derived from amino acids. Established in 1958, APC lives by its promise to provide consumer products that will always make healthy and nutritious meals deliciously tasteful as embodied in the corporation’s new slogan: “Eat Well, Live Well.” Products of APC include AJINO-MOTO® Umami Seasoning, Aji-Ginisa™ Flavor Seasoning Mix, Crispy Fry™ Breading Mix, Crispy Fry™ Seasoned Crumbs, Tasty Boy™ All Purpose Breading Mix, Aji Sinigang™, Aji-Shio Seasoning Mix, So-Quick Marinade Mix, Ajinomoto® Brand Chicken Powder, and Fres-C® Powdered Juice Drink.

20 Mindanao Daily NEWS

Environment Bukidnon newsmedia DENR raises awareness undergo environmental reporting seminar-workshop for anti-illegal logging thursday | september 26, 2013

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MANILA -- The Department of Environment and Natural Resources-National Capital Region (DENR) is conducting its anti-illegal logging campaign in the universities. The DENR spread this awareness among students including in the University of Caloocan with its program ‘Executive Education Program Lecture Series’ this September. Re pre s ent i ng DE N R Secretary Ramon JP Paje, DE N R-NCR Re g iona l Executive Director Neria

A. Andin explained the various DENR programs, particularly the anti-illegal logging campaigns, National Greening Program and Solid Waste Management Program. She also cited the different protected areas and national pa rk s li ke t he La Mesa watershed in Quezon City DENR/PAGE 21

MANILA -- Government and its par tners are ex ploring ways of fasttracking implementation of the National Sewerage and Septage Management Program under RA 9275 (Clean Water Act of 2004) to faci l itate protec t ion from water pollution that’s jeopardizing public health and the environment aside from costing the country billions of pesos in lost revenue and productivity. On Tuesday afternoon (Sept. 24), Environmental Ma nagement Bureau s p e a rhe a d e d i n Me t ro

Manila discussions with other agencies and the private sector regarding financial, administrative and other challenges to implementing NSSMP as well as respective initiatives for this program. The par t ners a im to identify as soon as possible mechanisms for fast-tracking NSSMP’s implementation. ”Under the Clean Water Act, all our subdivisions, condominiums, commercial centers, hotels, hospitals, market places and public buildings should already have been connected to the sewerage system by 2010

Partners target fast-tracking PHL sewerage, septage mngt but the sewerage network itself was so limited in 2004 that for everyone to connect to it within the five years set by law was impossible,” environment chief Ramon Paj e s a id i n a s p e e c h environment undersecretary Analiza Teh read during the meeting. He raised urgency for f a s t-t r a c k i ng NS SM P ’s implementation, not ing sanitation and sewerage in the Philippines still lag behind despite RA 9275’s enactment. ”Over 20 million Filipinos still don’t have access to

proper sanitation and less t ha n 10 percent of t he population is connected to piped sewerage,” he said. Paje not e d d e l i ve r y of safe water nationwide “tremendously improved” over the years with over 90 percent of the country’s population already having access to the commodity, however. According to RA 9275, sewerage “includes, but is not limited to, any system or network of pipelines, ditches, channels, or conduits including pumping stations, target/PAGE 21

M A L AY B A L AY C I T Y, Buk idnon — More than 50 Buk idnon media practitioners, including vetera n repor ters, news writers for print, broadcast, online, and bloggers participated in the recent two-day seminar workshop on environmental reporting at Pine Hills Hotel, here. T he s e m i n a r, t it le d “Reporting the Environment in Bukidnon: Issues and Opportunities for the News Media,” aims to encourage ecological stories and more environmental reporting on floods and denuded forests, garbage mismanagement, mining issues, climate change adaptation, and watershed management. In his lecture, science colu m nist a nd Asia n Institute of Journalism and C om mu nicat ion (A IJC) consu lt a nt Dr. Cr ispi n Maslog, emphasized the best ways of telling ecological stories and how these relate to Bukidnons in order to track environmental trends overtime and make informed decisions. Maslog, a retired journa lism professor at the Universit y of the Ph i l ippi ne s L o s B a no s (UPLB) and environmental activist, imparted, as well,

practical tips for covering press conferences and panel discussions during ecological events. Gender specialist Dr. Carolyn Sobritchea of the Asian Center, University of t he Phi lippines, a lso discussed issues on ethical considerations in ‘Gender’ and ‘Indigenous People (IP)’ reporting. The key focus are writing, broadcasting, and reporting, but participants also dived into all forms of modern journalism, from social media to books, blogs, and video presentations, all prepared in close collaboration with Climate Change specialist Dr. Rosa Perez, Team Leader Dr. Manuel Bonita, and Mr. Louie Tabing of the Philippine Foundation for Rural Broadcasters. Dr. Rex Navarro of the Decentralized Framework for Susta inable Natura l Resources a nd Rura l Infrastructure Management, l i k e w i s e , t a l k e d a b out t he socia l mobi li z at ion for Env i ron menta l a nd Watershed Management in Bukidnon, which seeks to do more in-depth reporting ta k ing in t he voices of t hose most a f fec ted by environmental degradation, seminar/PAGE 21

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Mindanao Daily 21 NEWS

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FMIC... from page 14

Board slashed a total of 100 basis points off these rates, with the last cut made in October 2012. These have been maintained since then. Relatively, inf lation in the first eight months this year averaged at 2.8 percent, below the three to five percent target of the government for 2013-14. The August figure alone declined to 2.1 percent from month-ago’s 2.5 percent. The report said that amid the increase in oil prices due partly to political tensions in Sy ria and Eg y pt and the slight increase in nonfood prices “better harvests starting October should keep inflation very much in check in the second half. Increases in government’s infrastructure spending and higher tax collection are also projected to further lift domestic expansion. Depreciation of the local currency is also expected to help ensure domestic growth as this will make the peso-value of the dollar bigger, thus, more money for O verseas Fi lipino Workers’ (OFWs) families and exporters, which in turn will spur growth. “ T he s low but s u re recovery in the US economy and Chi¬na’s avoidance of a ‘hard landing’ should ensure that ex¬ternal demand will not be a big drag on growth in the second half, as it had in first half,” it added. (PNA)

Extend... from page 14

woes,” said Jonathan Ravelas, Banco de Oro Unibank chief market strategist. The US government will reach its borrowing limit by October 1. There are disagreements among White House and R e pu bl ic a n l aw m a k e r s whether the US will raise the debt ceiling with no conditions attached. Ravelas also attributed the market slump to recent d e v e l o p m e n t s l o c a l l y, including calamity, war in Mindanao and political noise from the pork scandal. “(These are) keeping market jitters,” he said. Almost all counters fell moderately, except mining and oil sector that edged up 0.86 percent. Volume of transactions reached 820.98 million shares valued at P7.16 billion. Decliners won gainers, 79 to 60, while 47 issues were unchanged. Top los ers were le d by Sy nerg y Gr id a nd Development Philippines Inc., Ca lapa n Vent u res Inc., GMA Holdings Inc., LT Group Inc. and Yehey! Corp. (PNA)

Export... from page 14

players. SMEs may reach government and financial i nst it ut ions which a lso created trade credit meeting the needs of exporters.

“Other funding i nst r u ments come w it h a n insura nce against certain risks involved in international and domestic t r ade such a s pr ice or c u r renc y f luc t u at ions,” Ortiz-Luis said. Meanwhile, in order to educate local entrepreneurs about accessing to external funds, BETP and Philexport conducted seminar which i nc lude s topic such a s C ent ra l Ba n k faci l it ies for export, hedging prog ra m for ex por ters, business protection, and SB Corporation’s lending facilities for SMEs. (PNA)

Aboitiz... from page 16

cash management, retail banking, foreign exchange, capital markets, corporate a nd consu mer f i na nce, investment management and trust banking. As of end-June, the bank had 185 branches and 241 automated teller machines nationwide. A EV i s t he hold i ng company of the Aboitiz family. Aside from banking, it has interests in power, real estate, and food. Profits of AEV slipped 3.62% to P14.37 billion in the first half from P14.91 billion in the same six months last year. Revenues dropped 21.32% to P38.82 billion from P49.34 billion, while cost and expenses fell 9.68% to P26.69 billion from P29.55 billion. Meanwhile, net income of UnionBank surged by 52.09% to P6.19 billion in the first half from P4.07 billion a year ago. Interest income rose 12.32% to P6.38 billion from P5.68 billion, while interest expense jumped 14.92% to P2.31 billion from P2.01 billion.

Solar... from page 16

Electric runs four ma nu fac t u r i ng pla nts i n Cav ite t hat produce uninterruptible power system (UPS) devices. Besides the production of UPS devices, Schneider E l e c t r i c o f fe r s e n e r g y management and efficiency services. The company has over 2,000 employees in its loca l manufacturing plants and business process outsourcing units.

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

creating t he anti-illega l logging task force. Persistent illegal logging causes widespread flashflood and landslide that destroy lives and properties aside from threatening habitat and sanctuaries of flora and fauna. Metro Manila is considered as the transshipment point of illegal lumber from other parts of the country usually concealed in container vans and mis-declared as other goods.(PNA)

Seminar... from page 20

especially IPs and women. Sponsored by Primex and Asian Development Bank, in partnership with the Provincial Government of Bukidnon, Department of Environment and Natural Resou rces , Japa n Fu nd for Pover t y Reduc t ion, ARMDEV, and Bukidnon Press Club, the activity is another step taken towards equipping journalists with guides and tips to produce innovative reports about environmental problems and solutions. ((RLRB/PIA 10-Bukidnon)

Target... from page 20

lift stations and force mains, service connections including other constructions, devices, and appliances appurtenant t hereto, which includes the collection, transport, pumping and treatment of sewage to a point of disposal.” Sewage is “water-borne human or animal wastes, excluding oil or oil wastes, removed from residences, bu i ld i n g , i n s t it ut ion s , industrial and commercial establishments together with such groundwater, surface water and storm water as maybe present including such waste from vessels, offshore structures, other receptacles intended to receive or retain waste or other places or the combination thereof,” RA

9275 also reads. “Septage means the sludge produced on individual onsite wastewater disposal systems, principally septic tanks and cesspools,” RA 9275 reads further. Parties at the meeting w i l l conduct f ur t her discussions on such concerns to help fast-track NSSMP’s implementation. Citing World Bank data, Paje said water pollution by 2003 cost the Philippines s o m e U S D1 . 3 b i l l i o n annually. He noted such economic blow hit tourism (USD900 million), fisheries (USD340 million) and health (USD60 million). Paje reiterated his call for LGUs to increasingly help i mprove sewer a ge and septage management nationwide. ”I take this occasion to reiterate need for LGUs to show greater initiative in, or to contribute more to, water quality management and improvement as ordained in the Clean Water Act,” he said. He noted Muntinlupa City did its part by putting up a low-cost and small-scale wastewater treatment facility in the public market there. ”That facility not only cleans 210 cu.m. of sewage per day but also allows recycling of the treated wastewater for cleaning and f lushing purposes,” he said. Paje likewise reminded the public to stop polluting the country’s water resources. ”People must be educated to accept responsibility to pay fees for sewerage and septage services just as they patronize fee-charging toilets,” he continued. He noted generat ing tariff is needed in inducing investments needed to make NSSMP work viably and sustainably. ”We have a great deal of work ahead of us,” he added. (PNA)


Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on August 2013 AUCTION DATE: October 22, 2013 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon


DENR... from page 20

and the Las Piñas-Parañaque Critical Habitat and Ecotourism area which are worth visiting. R e c e nt l y, DE N RNCR asked the assistance and support of the local government units (LGUs) i n conduc t i ng per iod ic monitoring to ensure there is no entry of illegal lumber or v iolat ion of forest r y laws within their areas of jurisdiction. Andin a lso informed LGUs on Executive Order No. 23 issued by President Benigno S. Aquino III in 2011 declaring a moratorium on the cutting and harvesting of timber in the natural and remaining forests and



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

Editor : Clifford Santillan, E-mail:

thursday | september 26, 2013 Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776

Cacai, emotional while defending Maja from bashers MANILA, Philippines – Singer and comedian Cacai Bautista turned emotional on Tuesday, in defense of her friend, actress Maja Salvador. During a press conference held Tuesday for Salvador’s ongoing 10th anniversary concert series, “Maja Unveils @ 10,” Bautista wiped tears from her face as she addressed Salvador’s haters. Bautista is one of the celebrities performing with Salvador during her concert series celebrating

her 10 years in show business. “Ako ang unang-unang ring nasasaktan kapag may nang-away sa kanya,” she said. “Hindi ko nakita sa kanya na nagreklamo siya, na nainis siya. Siya pa nga ang nagsasabi na ‘May inaaway ka na naman, Ate Cacai?’” Salvador has reaped criticism, particularly from the fans of former best friend Kim Chiu, with whom her current boy friend, Gerald Anderson, once had a


HOROSCOPE AQUARIUS (January 20 – February 18) -A friend or colleague may become something more if you’re looking for romance. Even if you aren’t, things could get deeper and more interesting between the two of you, thanks to shared passions. PISCES (February 19 – March 20) - Don’t let yourself get nailed down to any specific arrangements today -- you need to make sure that you’re as free and available as you can be. Things may get weird later on, though. ARIES (March 21 – April 19) - Your phone keeps ringing -- but you can’t always answer it. Try to manage your communications with an eye toward what’s more important to you. Make one person a priority and keep them available. TAURUS (April 20 – May 20) - This is not a good time for financial decisions -- so make sure that you’re not on the hook for anything like that today. If you must put money down somewhere, you should probably play it safe. GEMINI (May 21 – June 21) - You’ve got brainy energy to spare -- so make the most of it! You should be able to solve problems or see new ones that no one else has yet identified. Whatever you do, have fun with it! CANCER (June 22 – July 22) - It doesn’t take much to get under your skin today -- so try to keep to yourself and avoid anyone who might ruffle your feathers. It’s a good time to focus inward and try to relax.

relationship. Salvador and Anderson have also recently been the subject of controversy. Rumors have spread about Anderson’s “affair” with his “On The Job” co-star Dawn Jimenez. Salvador dismissed Anderson’s alleged cheating, and said that as actors, they are always being linked to other personalities. ‘Total performer’ In t he sa me press conference, Salvador said she wants to give her fans the chance to see her doing

lots of new things she did not dare before. Her concert series only shows fans a peek at what she can do, she said. “Ano ba ang pwede kong bagong i-offer? Ano ba ang pwedeng bago nilang makita sa akin? So sabi ko, parang gusto ko maging ‘total performer,’” Salvador told reporters. “Gusto ko ang nagsising and dance, tapos parang soon, sana, gusto ko mag-concert.” -- From a report by MJ Felipe, ABS-CBN News

Cacai Bautista emotional during the press conference .

Mindanao Daily News’

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HERO REVIEW Raigor Stonehoof the EARTHSHAKER is a melee Strength Hero with several area of effect disables, commonly played as a ganker or initiator. Unlike most Strength heroes, he is played more like an Intelligence caster hero and is almost entirely reliant on his spells to inflict heavy damage. His Fissure is a versatile spell that affects enemies in a line, used to stun, inflict decent damage, and create an impassable wall of earth for a significant duration. Good usage of this can cut off chokepoints, leaving enemies with no escape routes or preventing them from chasing after endangered allies. Enchant Totem massively boosts his attack damage for one attack, and has a very short cooldown. Aftershock lets the Earthshaker deal additional damage and stun in a small area around him everytime he uses one of his spells, and combos particularly well with Enchant Totem. Earthshaker’s heavy AoE-centric kit is most powerful when his enemies are in large numbers and in close proximity. With his Echo Slam, he can deal heavy damage to clusters of

Melee - Initiator - Disabler Support - Lane Support enemies. All of Earthshaker’s spells (with the exception of his ultimate) have a long casting animation, but with proper positioning, an adept Earthshaker can wreak havoc with his area-of-effect spells. Blink Dagger is an essential item for Earthshaker to be able to properly land Echo Slam within a cluster of enemies. At the same time, because of the high mana costs of his spells, he needs some form of mana sustenance. With his tremendous seismic power, the Earthshaker is never one that should be taken lightly even when he is heavily outnumbered.

SUDOKU How to play the game? Fill in completely every rows, columns and diagonals of each puzzle without repitition

Yesterday’s Answer

of the same digit.

LEO (July 23 – August 22) - Mix and mingle today -- you need to show others what you can do, and see what they can do in return. Networking doesn’t have to be a chore, and you can make it something really special. VIRGO (August 23 – September 22) - Be careful with choosing your words today -- you need to slow down and make sure you don’t offend anyone important. That’s easier than you think on a day like today, so ease up! LIBRA (September 23 – October 22) - You see both sides of every issue, and today that really pays off for you! It’s a good time to intervene in long-running battles to see if you can help both sides come to some kind of peaceful settlement. SCORPIO (October 23 – November 21) - Work-related problems are amplified today, so see if you can put them back at the top of your priority list. You need to take care, though -- speeding through that list can cause even more problems! SAGITTARIUS (November 22 – December 21) You can’t stop talking about the next big thing -- even if that means you never get around to dealing with it! That’s fine, as today is all about discussion and planning, not taking direct action. CAPRICORN (December 22 – January 19) - Exercise your intellect today -- but also your restraint. If you realize that you need to take action, then the time for thought is over and you have to just do the best you can with what you have.

Amazing Facts! Did you KNOW?? .. Can you feel the pulse in your wrist? For humans the normal pulse is 70 heartbeats per minute. Elephants have a slower pulse of 27 and for a canary it is 1000!

CROSSWORD puzzle across 1. Nearby 6. Biblical man 11. Stair part 12. Popeye’s love 13. Article 14. Mouth part 15. Mormon state: abbr. 16. Pronoun 17. Metal 19. Drink 20. Misjudge 22. Russian river 23. Skin 24. Not in 26. Success 27. Open 29. Until 30. Perform 33. Poem 34. Policemen 36. Iridium’s symbol

37. Negative 38. Taste a drink 39. Mr. Strauss 41. Explode 43. _ acid 44. Reimburse 45. Quickly DOWN 1. Felony 2. Unit of capacity 3. Sugar suffix 4. Half prefix 5. Comparative ending 6. Unite 7. European peak 8. 101 in Roman 9. Egg 10. Nganga nut 14. High shot 18. Decay 19. Aborigine

21. 23. 25. 26. 27. 28. 29. 31. 32. 34. 35. 38. 40. 42. 43.

Thick string Math constant Warriors’ school Dump Doomed one Admire Highest Municipal Moment Urban area Animal food Massage area Period Skyward College

Yesterday’s Answer

Mindanao Daily 23 NEWS

thursday | september 26, 2013 Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776

PSALM... from page 13

PEMC President Melinda L. Ocampo emphasized that market fees to be settled by the rest of the players will go up “if PSALM will be exempted, but it would still be very minimal…less than one centavo.” The IMEM is a ‘bridge spot market’ for the energy-scant Mindanao grid. When supply will finally turn reliable around 2015, the intent of policymakers will be to push for the establishment up of a full-blown electricity market for true competition to thrive. Aside from promoting competitive industry set-up for the grid, one significant function of a spot market will be setting transparency in a power market’s supplydemand dynamics. According to PEMC, participation in the IMEM “shall be mandator y for all generation capacities connected to the Mindanao power system”; as well as for all distribution utilities and end-users connected to the Mindanao transmission system. But for end-users connected to a distribution system in the grid, their participation in the spot market will be voluntary, especia l ly t hose w it h capabi lities for load curtailment or synchronized self-generation.

NGCP... from page 13

“ We h ave id e nt i f i e d critical areas where we ne e d s e c u r it y to b e beefed up,” Dechavez said, f ur t her stressing t hat t hey are tr y ing to avoid a repeat incident a k in to t he repor ted sabotage at t he Ba lo-i substation. Dechavez added that in enforcing tighter security measures at its facilities, NGCP employees are even required to undergo “reser v ist training” with t he armed forces. According to Lanao del Sur Electric Cooperative ( L A S U R E C O) g e n e r a l manager Ashary Maongco, the entire prov ince experienced blackout on F r i d ay (S e p t e m b e r 2 0) “ due to a sabotage at NGCP’s STR No. 52 and 51 situated at Baloi, Lanao del Norte by unidentified persons.” The electric cooperative said 50 of its crew members had been f ielded “to support NGCP personnel to restore t he lines.” On the same day, reports from t he f ield indicated t hat t he sabot a ged l i ne had already been repaired, leading to t he sw itch-on of t he D a n s a l a n p ower system to t he grid. The next step had been bringing back electricit y service to all affected endusers. And that was done w h i le NG CP a nd ot her releva nt sta keholders h ave b e e n e s t a bl i s h i n g the real cause and probing on the perpetrators of the incident.

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UN declares Zamboanga situation a ‘humanitarian crisis’ EIGHTEEN days since a foray by the Moro National Liberation Front into Zamboanga City triggered a deadly standoff between the rebels and government forces, the United Nations has officially declared the situation there a “humanitarian crisis.” “We are increasingly alarmed by the situation and the growing needs of people caught up with violence,” United Nations Resident and Humanitarian Coordinator in the Philippines, Luiza Carvalho, said in a statement issued Wednesday. “We are particularly concerned for the most vulnerable, especially the well-being of women and children.” The UN said the fighting has displaced over 109,000 persons in Zamboanga and another 19,000 in nearby Basilan province, and destroyed over 10,000 homes. Authorities estimate the death toll from more than two weeks of violence at close to 140 with more than 200 others wounded. “People are struggling to survive with around 70,000 staying in the main sports complex in Zamboanga City, in desperately overcrowded

Holcim... from page 13

Holcim said in a statement that the 17 national finalists will be awarded P25,000 cash prize, a gift certificate for 20 bags of Holcim cement, a certificate of participation, trophy and a chance to bag the 2013 ‘Galing Mason Awards Grand Champion, which comes with a P150,000 cash prize. The winner is judged not just one of the best in his trade, but must also be a model citizen and family man. In the 3rd ‘Galing Mason Award in 2011, Eduardo L atap of Met ro Ma ni la and Alejandro Tagle, of Quirino province were the top winners, the first time that two contestants shared the top honors.

conditions and insufficient sanitation facilities,” the UN said. “There is a real risk of a disease outbreak with food, drinking water, health services, cooking utensils, tents and other necessities required.” Carvalho stressed the importance of “timely and targeted aid for the displaced, many of whom have lost their homes and livelihood.” “We are particularly concerned that aid is delivered in an impartial manner, with the needs of the most vulnerable met and those outside the evacuation centers not forgotten,” she said even as she acknowledged government efforts to respond to the needs of those affected by the crisis. Carvalgo also called on “all parties to uphold the principles of impartiality, humanity, neutrality and independence, enshrined in International Humanitarian Law.” “We expect that all humanitarian workers providing support to the victims of this conflict are protected and respected, and their safety is ensured by all actors,” she added.

Ho l c i m Ph i l i p pi n e s started the ‘Galing Mason Program in 2004. It aims to recognize masons critical role in helping build structures important for development. Aside from the ‘Galing Mason Award, the company also holds annual trainings and competitions to help advance the masonry craft and professionalize the trade. The company conducts the ‘Galing Mason Program in col laborat ion w it h the Technical Education and Sk ills Development Authority, the Philippine Constructors Association a nd t he Associat ion of Construction and Informal Workers. Holcim is one of the world’s leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as downstream

activities such as ready-mix concrete and asphalt. The company holds majority and minority interests in more than 70 countries in all continents. Holcim Philippines, Inc. is a Philippines-based cement manufacturer and a member of Holcim Group, and is involved in the manufacture, sale and distribution of cement to the domestic and export markets. The Company produces four cement products: Holcim Excel, Holcim WallRight, Holcim Premium Bulk and Holcim 4X. Its products are sold in bags, jumbo bags and in bulk. Holcim Philippines operates four cement plants in La Union, Bulacan, Misamis Oriental, and Davao. It currently has more than 1,700 employees in the Philippines.

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thursday | september 26, 2013 Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776

BusinessWeek Mindanao (September 26, 2013)  
BusinessWeek Mindanao (September 26, 2013)  

BusinessWeek Mindanao (September 26, 2013)