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BusinessWeek MINDANAO

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Volume VI, No. 042

Market Indicators

As of 6:00 pm september 29, 2015 (Tuesday)

FOREX

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Briefly ‘Hapsay Sapa’

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IN just two years of the current administration of Cagayan de Oro city, about P200 million has been collected from the PhilHealth income. This has been highlighted by City Health Insurance Officer Dr. Ma. Lourdes Gaane in the recently conducted Ulat ng Bayan. According to Dr. Gaane, around P194 million has been collected by the city since July 2013 until June 2015. In the said collection, P125 million was obtained from PhilHealth benefit payments (in-patient) in J.R. Borja General Hospital, P63 million from PhilHealth capitation payments in eight accredited health centers and P6 million from the 45 health centers that are now accredited with the Maternity Care Package (MCP).

By IRENE DOMINGO, Staff Writer

HE government-owned Power Sector Assets and Liabilities Management Corp. (PSALM) may indefinitely defer the sale of the contracted capacity of Misamis Oriental’s STEAG coal-fired plant until the limited supply of electricity in the Mindanao region normalizes.

THE Hapsay Sapa Council has set multi stakeholders’ forum to collate all the programs and action plans for Bitang-ag Creek today at Patrick Cronin Hall, St. Augustine Cathedral, Cagayan de Oro. According to Patrick Gabutina, representative of city mayor Oscar Moreno, they have invited about a hundred participants from various sectors and organizations to grace the said event. The forum, which will run from 1:00 p.m. to 5:00 p.m., aims to come up with effective means and plans to act on the pressing issues in the said area. (CIO/PIA10)

PhilHealth income

P15.00

Govt to defer Steag sale until supply normalizes www.businessweekmindanao.com

The plan will be discussed by PSALM’s officials during its next meeting, said acting Energy Secretary Zenaida Y. Monsada. Monsada said the scheduled bidding set on Nov. 25 will then be moved to a later date when power

supply is already sufficient. “It would be best if the privatization will take place when supply is already stable,” Monsada said. “That’s the direction that we intend to pursue. It will be discussed in the next board sale/PAGE 11

BRRRR. Apparently inured to the cold temperature of the place, this young man doesn’t mind taking a bath in the open in Marahan, Marilog District, Davao City. mindanews photo by h . marcos c . mordeno

Ayala’s Centrio Mall pushes grassroots entrepreneurship with CUBE Bazaar Strip By MIKE BAÑOS, Editor-at-Large

AYA L A C o r p o r a t i o n continues to pursue its advocacy to develop

entrepreneurs from the grassroots through Cagayan de Oro Gateway Corporation

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.

(its joint venture with Anflo Management and Investment and Ayala Land, Inc.) which owns and manages the cube/PAGE 11 CUBE BAZAAR STRIP. The CUBE Bazaar Strip held its grand launch on September 25 through a fashion show, ribbon-cutting and blessing of its outlets at the 3rd floor of Centrio Ayala Mall, just beside Timezone. CUBE houses 27 fashion and food shops. Centrio Marketing Manager Loren Yasay said that the main purpose of this initiative is to expand the mall’s offerings to its customers with affordable finds, catering kids, teenagers and adults’ needs.

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Economy

University introduces New bridge expected to boost Xavier new program for senior HS economy in Lanao provinces By APIPA P. BAGUMBARAN, Contributor

with them were officials from Department of Public Works MARAWI City -- Governors Lanao del Norte Governor and Highways (DPWH) and of the two Lanao provinces Mohammad Khalid Dimaporo local government units of inaugurated the Pantar Bridge and Lanao del Sur Governor Pantar and Saguiaran. II to open up new economic Mamintal Adiong Jr. led The Pantar Bridge II, a opportunities and improve the inauguration rites on 80.00 linear meter bridge along the living conditions in Lanao. September 22. Together Marawi and Iligan national road, is envisioned to provide safety to public commuters and ease the transport of goods and services between the two provinces. The bridge project which costs approximately P84 million was implemented by the DPWH Regional Office 10. It included the construction of prestressed concrete grider founded by pile foundation with BROADCASTING DAILY AT 1368 ON AM BAND bored drainage system and concrete AND ON PARASAT CABLE TV AT CHANNEL 5 bridge approaches.

XAVIER University-Ateneo de Cagayan introduced its Senior High School program to Grade 10 students and p arents of C agayan de Oro National High School ( C D O N H S ) du r i n g a n orientation organized by their school on September 22 at the XU Gymnasium. The orientation aimed to clarify the program structure of Senior HS, and to guide the students and their parents in choosing the right track and strand to take in Senior High. X U of fe rs c ompl e te Academic and TechnicalVo c a t i o n a l - L i v e l i h o o d tracks. Through its Center for Integrated Technologies, it has formed partnerships with international and local companies to employ its techvoc graduates.

In his message, Governor Adiong lauded President Benigno S. Aquino III for giving priority to the implementation of infrastructure projects in the Bangsamoro communities. He said the Pantar Bridge II is vital in the advancement of the local economy of the province. The bridge which connects the Lanao del Norte and Lanao del Sur also marks the progress of the two province in terms of cooperation and harmony between the two provinces, he noted. According to Adiong, the national government has appropriated more than P6 billion worth of infrastructure projects in Lanao del Sur for 2014-2016. (APB/PIA-10)

“Students must choose their track and strand under the Senior High School program based on their career assessment results,” said Dr Joey Jegonia, director of XU’s Office of Promotions, Testing and Admissions (OPTA). “Your choice must be in line with your competency and ideal career in the future.” XU is ready for carrying out the Senior High School program for academic year 2016-2017. It is currently administering the XU Career Exam for Senior High School applicants every Saturday of September. The Unive rsit y a ls o welcomes DepEd tuition vouchers in addition to offering more than 200 scholarships to students entering Senior HS. DepEd’s xavier/PAGE 9

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69 RP provinces to go waterless by 2016

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IFE’S INSPIRATIONS: “…However, if you no longer listen to the Lord your God, and no longer obey His commands, all these curses will come upon you and overtake you…” (Deuteronomy 28:15, the Holy Bible). -ooo 6 9 R P P ROV I NC E S TO BE WATERLESS BY 2016? Take note of this, beloved readers: the Aquino government, through the Climate Monitoring Office of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA), is warning everyone that some 85 percent of the whole country will experience El Nino, or prolonged, dry, rain less, and t herefore ver y hot, climate until February 2016. This means that roughly 69 out of the existing 81 provinces of the Philippines will be without water for drinking and for agriculture. This would also mean greatly hotter temperatures for Filipinos, subjecting many of them to serious ailments l i k e h e at s t ro k e , h i g h fever, and other illnesses associated with a very hot and humid environment. Now, my question is: is there anyone who is doing something about this? Or,

Philippine Press Institute

An Empty Egg hink a minute…This is a true story about a boy named Philip. Philip was 9 years old in a class of 8-year-olds. The kids in his class were mean and unkind to Philip. They would not talk to him or let him play with them. Philip suffered from a disease called Downs Syndrome, so his face looked a little different and his thinking and talking were slower than the other children’s. During the week of Easter the teacher gave each child a plastic egg that they could open. Then she sent them outside to find a symbol of new life, such as a seed or leaf, to put inside the plastic egg. Sometime later all the children gathered around their basket of eggs and watched as the teacher began to open them. One child had put a flower inside her egg. All the children thought it was a great symbol of new life. In another egg was a butterfly that all the girls said was beautiful. F i n a l ly, t h e t e a c h e r opened the last plastic egg and there was nothing inside it. One child said, “That’s dumb!” Another kid said, “That’s not fair!” Then the teacher felt someone pulling her hand. It was Philip. He

more appropriately, is there anyone in the Philippines who knows what to do about El Nino, and how to mitigate or eliminate its ill effects on our countrymen? What are our options should El Nino last longer, or make our country very hot for longer periods? -ooo CABINET SECRETARY FOR EL NINO ALONE? My suggestion is, a separate Cabinet-level office must now b e created by the government to address this problem. There should be a top official, whether of the Aquino government or of the government that will be installed in 2016, who will focus only on El Nino and its related phenomena, the so-called global warming and climate change. Truly, Filipinos have already been shown what misfortune is going to befall them because of El Nino. Right now, at a time when El Nino is not even very strong (as per PAGASA pronouncements), Metro Manila residents and C entral Luzon farmers are already experiencing rationing of water, because of lack of water supply from the Angat Dam in Bulacan. There are also many areas in the National Capital Region and in neighboring provinces t hat now go

waterless for long number of hours, and the Aquino government is unable to do anything about it. Equally inutile are agencies like the Metropolitan Waterworks a n d S e w e r a g e Sy s t e m , National Water Resources Board, Local Water Utilities Administration, and concessionaires Maynilad and Manila Water. -ooo CHRISTIANS CAN DO SOMETHING TO FIGHT EL NINO: Side by side with the Cabinet-level office overseeing the problems generated by El Nino and global warming and climate change, I also propose, at least to Christian believers first, to convene a summit of their leaders which will seriously look into the spiritual angle of global warming and climate change and El Nino, as a necessary step towards f inding a solution to the phenomenon. I say this because the Bible clearly prophesied, hundreds of years even before Jesus, our God and Savior, was born, that “the sky above would be burning with heat, and that the ground below would become as hard as iron” because of scorching heat and unbearably hot temperatures. This prophecy, found in Deuteronomy 28 of the Bible (which is the Book

K akampi

Mo A ng Batas

Atty. Batas Mauricio of Blessings and Curses), actually spell out the reason why global warming and climate change will come. It said, when people turn away from God, no longer listening to, and no longer obeying, Him, He will send His curses. We can therefore battle El Nino if we go back to God, listening to, and obeying, His commands. -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.

Loving with Christ’s love

Oro Chamber

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THINK

A Minute

Jhan Tiafau Hurst looked up at her and said: “It’s my egg. I left it empty because Jesus’ grave is empty. That’s why I have new life.” The whole class was silent. From that day on, Philip was accepted as part of the class. Whatever had made him different was not important or mentioned again. Just a few months later, Philip died from an infection. On the day of Philip’s funeral his whole class of 8-yearold boys and girls came to say goodbye to their special friend. And each child walked up to Philip’s casket to place beside it their gift: an empty egg. Friend, if God the Son can make His love so real and understood to a child like Philip, then none of us has an excuse for not understanding hurst/PAGE 9

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his, for sure, is no fantasy, or some exaggerated desire, completely gratuitous or with no basis. This, in fact, is what Christ has commanded us: “Love one another as I have loved you.” (Jn 13,34) And I don’t think he would give us that commandment without enabling us to follow it. For his part, everything is given for us to be able to love as we are commanded. In the first place, Christ is the God made man who shows us the fullness of love which is the very essence of God, just as St. John said, “God is love.” (1 Jn 4,8) Christ shows us the kind of love that has to contend with our human condition that is wounded and weakened by sin. It is the kind of love that knows how to deal with sin in its many forms and in its consequences. It’s a love that knows how to forgive, even to the point of assuming our sinfulness, willing to die for us even when we are still in the state of sin and have not yet asked for forgiveness. St. Paul attests to this when he said: “God demonstrates his own love toward us in that while we were yet sinners, Christ died for us...” (Rom 5,8) It’s a love that covers even one’s own enemies. “Love

your enemies,” Christ said, “and pray for those who persecute you, so that you may be sons of your Father who is in heaven who causes his sun to rise on the evil and the good, and sends rain on the righteous and the unrighteous.” (Mt 5,44). In short, it’s a universal love, for he came to save all, as St. Paul again testified: “He desires all men to be saved and to come to the knowledge of the truth. For there is one God and one mediator between God and men, the man Christ Jesus, who gave himself as a ransom for all...” (1 Tim 2,4-5) This is the kind of love that we ought to have for one another, as Christ has shown it to us. It’s both easy and hard to do. Easy, because God’s grace will always be available to us, and as we have been saying, we are actually equipped with our spiritual faculties of intelligence and will more than our physical powers to do this. It’s, of course, also hard, because we really have to contend with our human frailties that will always be with us, not to mention, the effects of sin that make us proud, arrogant and resistant to the impulses of grace. We need to broaden our understanding of love, and to vitally link it with the

love of God that is always made available through the Holy Spirit and the many instrumentalities in the Church. We have to be war y of limiting our love to sentimentalism, or to make it address only the material and natural needs of others. We have to go beyond that level, and enter into the level of the spiritual and the supernatural, for that is where the true and ultimate good is for us. In short, we have to bring Christ to others. But to do that, we need to have Christ ourselves. In fact, we need to be another Christ, “alter Christus,” because only then can we bring and give Christ to others, and fulfil the Christ’s new commandment to love as he himself has loved us. This would definitely require all-out and constant effort. Our weaknesses are many, and sometimes latent, hidden and unknown. Temptations abound. Spiritual and moral traps and snares practically make a minefield of our life. But as long as we pray, are humble enoug h to acknowledge our weakness and act on the temptations and the sins that we may commit, are sincere in our contrition and generous i n our atone me nt and

HINTS

and

Traces

Fr. Roy Cimagala reparation, we should not fear about being unable to love as Christ loves us. We need to continually rectify our intentions, and little by little overcome the fear of sacrifice and the cross that love always entails. In fact, when we encounter them, let’s be happy since we would be given the occasion to develop and grow in the love that Christ is showing us. We don’t have to wait for big and extraordinary events to develop this love. Our small daily duties are good enough to cultivate this love of Christ. That ultimate expression of love that Christ showed us through his passion and death, may just be dramatized in our bedroom, when we choose God instead of ourselves-our lust, our greed, etc. roycimagala@gmail.com

V I S I T O U R W E B P O R TA L


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Dr. Dennis Jaffe and Francis Kong at FEEC 2015

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Int’l family biz experts to speak in family enterprise conference “CREATING the rig ht climate for succession in family businesses is the most important thing a family should do,” said Dr. Dennis Jaffe who is set to speak in the 3rd Family E nte r pr i s e E x c e l l e n c e C onference (FEEC) on October 26 at the Radisson Blu Hotel in Cebu City. Jaffe said the conference is going to bring families together to consider how

they are creating the next generation in their respective business. “What are they doing together and what is it they can do to create and build a creative, energized, inspired and entrepreneurial next generation?” “ This is something that families want and the challenge is that many times they want it but they don’t actually know what to do and how to do it,” said Jaffe.

Bayantel on track to exit corporate rehabilitation BAYAN Telecommunications, Inc. (Bayantel) is on course to exit its corporate rehabilitation way ahead of the original 2023 target after the ailing telecommunications firm and its new controlling shareholder Globe Telecom, Inc. met all the requirements of its rehab plan. “You have to file the formal documents with the court to close it, but all of the actions including the conversion of loans into equity has been done. All of the actions on the amended rehab plan has been done,” Globe Chief Financial Officer and Treasurer Alberto M. de Larrazabal said in an interview.

The debt-to-equity conversion t rans ac t ion between Globe and Bayantel ensured the latter’s continued viability as a service provider, allowing it to exit rehabilitation and improve its current service offering, Globe’s General Legal Counsel Froilan M. Castelo said in July. B a y a n t e l ’s n e w l y appointed Chairman Gil B. Genio said last month Globe could be out of the courtassisted rehab by October -- ahead of the original target of 2023, with the process cut short following the entry of Ayala-led firm. bayantel/PAGE 9

Jaf fe is a re now ne d international family business consultant with longstanding engagements with clients in Asia including the Philippines. He is also one of the founders of Family Firm Institute, a global network of thoughtleaders in the field of family enterprise. The event will also be graced by Francis Kong, renowned inspirational

speaker and serial entrepreneur with extensive work experience in manufacturing and retail. Kong is also with the Inspire Leadership Consultancy which is one of the main sponsors of FEEC. The conference is organized by Premier Family Business Consulting Inc. (PFBC), the only family business consulting f irm in S outheast Asia

providing holistic services that integrates the family and business system and champions family unity as a core value. Ac c ord i ng t o P F B C Founder Jon R amos, succession is just one of the problems facing family businesses. Challenges such as business longevity, family dynamics, and preserving family wealth hound families in business, he said.

In the Philippines, 70 percent of the top twenty c o mp a n i e s a r e o w n e d or acquired by families. Meanwhile, 90 percent of businesses worldwide are owned by families. R am o s u n d e r s c ore d the importance of family businesses, saying their survival has serious implications in terms of local employment and the economy as a whole.

Gokongwei: Cebu Pacific targets Honolulu flight by early 2016 BUDGET carrier Cebu Air, Inc. is looking to penetrate the US market by early 2016 through a direct flight to Honolulu, a top official said. “For Hawaii, the target is early next year but once

we have t he ne cess ar y approvals, we will make the announcement,” Cebu Air President and Chief Executive Officer Lance Y. Gokongwei told reporters on the sidelines of the first

Philippine Aviation Summit at The Peninsula Manila in Makati City on Friday. The operator of Cebu Pacif ic Air and C ebgo is working to secure the regulatory approvals for

Honolulu as well as Guam within the year, it said in an e-mail reply on Sept. 10. “We think it’s an attractive market because there’s a lot of Filipinos in Hawaii, cebupac/PAGE 9


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Envi group urges Dabawenyos to harvest rainwater

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AVA O C I T Y The Interface Development Inter ventions (IDIS) u r g e d D ab awenyo s to take advantage of the rainy season by harvesting rainwater for household use. The local government passed a Davao City R ainwater Ordinance in 2009, mandating the establishment of rainwater catching systems (RCS) in newly built residences and

buildings. The policy was formulated to promote the storage and usage of rainwater for nonpotable use. “Harvesting rainwater for domestic or industrial use will lessen our water utility bills since we won’t waste drinking water for flushing toilets, cleaning households or for watering gardens,” said IDIS Policy Advocacy Specialist Mark Penalver.

Under the ordinance, bu i l d i ng d e s i g ns mu st incorporate a rainwater catchment system before being issued a building permit. The City Engineer’s Office (CEO) is finalizing s ome RC S d e s i g ns for recommendation but the office has begun issuing RCS permits for applications who have complied with the ordinance. Penalver encouraged households and existing

buildings to also comply with the ordinance. “RCS designs need not be complicated; it can be as simple as placing an empty container under a gutter or a downspout so that the rainwater will be harvested,” he said. But he st ress e d t he importance of putting a screen on the mouth of the container to prevent mosquitoes from using the water as a breeding site.

“For longer storage, cover the containers. Otherwise, empty the containers in less than 10 days to prevent mosquito lar va from inhabiting the water,” Penalver said. Environmental advocates have long championed the use of RCS as a strategy to mitigate the effects of climate change. “It can reduce the effects of storm water peak flow and surface runoff. Imagine

if every building in the city has a RCS, there will be less flooding in the streets and less erosion of floodwater canals,” Penalver said. “It is also timely that we push for more widespread RCS adoption. Since the Talomo-Lipadas Watershed aquifers are running out of potable water, we need to conserve our water and this means not wasting it for non-potable use,” he said. (IDIS/PR)

APEC economies adopt Philippines’ disaster risk reduction framework The Asia-Pacific Economic Cooperation (APEC) Senior Disaster Management Officials’ Forum (SDMOF) has adapted the Disaster Risk Reduction (DRR) Framework introduced by the Philippines. “We are pl e a s e d to

announce that the 9th Senior Disaster Management Officials’ Forum has approved and has gotten the consensus of the approval of the APEC DR R or D i s a ste r R i sk Reduction Framework,” SDMOF Chair Alexander

Pama said during a press briefing that followed the conclusion of the two-day meeting held at the Iloilo Convention Center here Wednesday. “This is the first framework on DRR since the APEC was

established,” said Pama, who is also the undersecretary of the Philippines’ National Disaster Risk Reduction and Management Council (NDRRMC). He added that the forum’s adoption of the disaster risk

reduction framework will lead to the creation of action plans that would hopefully make the region disasterresilient. The framework’s pillars are disaster prevention and mitigation, disaster preparedness, quick response, and rehabi lit at ion and the building back better approach. “With the advent of the new normal, the strengthening of

cooperation among APEC member economies is vital in advancing disaster risk reduction advocacy and endeavors towards resiliency,” Pama noted. The DRR Framework will be submitted to the APEC Economic Leaders’ Meeting (AELM) in November that concludes the APEC 2015 Summit being hosted by the Philippines. (PCOO/PNA (kc)

AFP joins na’l greening program with BRP

Farm worker Editha Zarate assists a visitor in a strawberry farm in Barangay Salumay, Marilog District, Davao City on September 20, 2015. Aside from enjoying a great view of the farm, visitors can also learn how to pick and harvest ripe strawberries. mindanews photo by toto lozano

MANILA -- The Armed Forces of the Philippines (AFP) has announced that it is joining the government’s national greening program with its Bamboo Reforestation Program (BRP). Around 5,000 bamboo saplings are available for this initiative, AFP public affairs office chief Col. Noel Detoyato said. BRP aims to contribute to the mitigation of climate change and disaster management, considering the carbon capture capability and cheaper reforestation cost of bamboos. Relative to this, the AFP Southern Luzon Command

( S ol c om ) h a s i ssu e d a directive for the conduct of BRP along the Wawa Dam area in Rodriguez, Rizal. Detoyato also said the the BRP is in line with Sustainable Development Goals (SDG) set by the United Nations. Of the 17 SDG flags, the Philippines has been chosen to host the flag symbolizing SDG #15: “Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat des er tif ication, and halt and reverse land degradation and halt biodiversity loss.” greening/PAGE 9


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Team Posible traverses the unpredictable terrains of Intramuros, life

For Mark Joseph ‘Aga’ Casidsid, 31, being visually impaired was not a hindrance to living and doing what he enjoys most, which is to run races.This disability, while it may have ended the will of many people to live and enjoy life, has allowed him to see just how beautiful and worth living life can truly be. His calvary began in 2003 when he lost his eyesight to Retinopathy of Prematurity or Retrolental Fibroplasia, a condition caused by premature birth, which results to gradual blindness. In fact, his running partner Edgardo Pelingo Jr., fondly called as Coach Gado, a former Architect/ Design and Construction Head from Primer Group of Companies, says that Aga even contemplated taking his own life. “Gusto na nga niyang mag-suicide eh(he wanted to commit suicide),” says 33-year-old Gado who has been running since 2007. “But his father was concerned about him. Sabi niya, baka raw pwede kong tulungan si Aga na tumakbo (He asked if I can help train Aga to run).” Though the request seemed challenging, Gado took up the task of training him. He started running with Aga who, despite his vulnerability, braved the steep terrains and, more importantly, the darkness that surrounded him. “It took me about two weeks bago ko naturuan si Aga (it took me about two weeks before I was able to fully train Aga),” Gado adds. “Hindi koin-expect na madali siyang turuan. Nag-worry lang ako nung una kasi baka hindi kami magkarinigan pagnandun nasa race, namawala yung communication namin. Sinasabi ko pa kung kakanan o kakaliwa para ma-guide ko siya(I didn’t expect that training him was easy. At first, I was worried that we might not be able to communicate properly during the race. I had to coach him whether to turn left or right).” Both Gado and Aga use1-2-3 and a-b-c-d as their running codes to guide them through the marathons they participate in. The codes one, two and three refer to the speed while a,b,c and d refer to their position (left, right, front, back). Aside from these codes, Gado ensures that they are mentally and physically ready before the gunstart. Gado says, “Before, sabay pa kaming tumatakbo gamit yung codes. Para mas

maalalayan ko siya, nakatali siya sakin. Pero nung nagtagal, pakiramdaman nalang kami. Siya yung tumatakbo sa harap ko. (Before, Aga and I would use the codes everytime we join a race. To further guide him through the tracks, I would tie a rope to his waist to keep him close to me.After some time, we just anticipated each other’s next move).” With this, the Center for Outdoor Recreation and Expedition (CORE)—the advocacy arm of Primer Group— acknowledged the collaborative effort exerted by coach Gado in training Aga to run. Now, they are officially recognized as Team Posible, bearing truth that even the most unfortunate circumstances like blindness may give birth to moments of triumph. In fact, Gado and Aga recently joined the Salomon City Trail Manila 2015, a loop run that provides unconventional challenges like running up the stairs, bridges and ramps, in the historic Intramuros in Manila. This run aims to elevate the running experience by bringing the trail to an urban landscape. The Salomon race is just one of the running events that Team Posible joined in. To support their running adventures in and outside the country, CORE has been partnering with The North Face and the Recreational Outdoor Exchange (ROX)—the largest outdoor sports and recreation superstore in Southeast Asia—for their needed apparel, footwear and other supporting equipment as well as their race registrations. According to Tin Villaflor, program manager of C.O.R.E., Team Posible opens possibilities for individuals who want to beat the odds, for people who want to go beyond the limits as they participate in various kinds of sporting activities in and outside the Philippines. “Team Posible originally refers to the relationship that coach Gado and Aga have. With this campaign, we hope to also enjoin the most vulnerable Filipinos to find their own adventure for themselves and have a renewed zest for life and personal adventure,” Villaflor says. Gado adds, “Gusto naming itong ituloy. Goal namin is dumami yung mga tulad niya (Aga), na maipakita sa lahat na ang mga disabled kaya nang

makipagsabayan sa mga abled. Dito papasok yung inspiration, yun bang makita ng iba na kayang tumakbo ng mga tulad niya. (Our goal is to invite more people who are as special as Aga to show that even disabled individuals can compete with the abled. This is where inspiration comes in—we’d like everyone to see that people like Aga can also run like they do).” For his part, Aga asserts that running has become his outlet to feel alive again, proving that regardless of his condition he will be able to make his every run an adventure in life. “Para samgakatuladko, sanalumabassilasabox, yung malaman nila ang purpose nila kung bakit nagpatuloy pa rin yung buhay nila. Sana ma-enjoy din nila yung buhay nila dahil nakakapag-inspire sila ng ibang tao (For individuals who are like

me, I hope they go outside their boxes and realize their purpose for living. I hope they make the most out of their lives because other people are inspired by their determination to live),” Aga says.

Aga concludes, “Ang race naman talaga is challenging eh, pero ang adventure manggagaling sa start hanggang sa finish line. Sana mahanap rin ng iba yung adventure na hinahanap nila kasi

ako, nakita ko na(a race is always challenging, but the adventure comes from the start to the finish line. Hopefully, other people will be able to find their own adventure because I finally found mine).”

Fortinet joins DOST’s National Science & Technology Week

Fortinet® (NASDAQ: FTNT) − a global leader in highperformance cybersecurity solutions − recently joined the Department of Science and Technology’s National Science & Technology Week at the SMX Convention Center, Mall of Asia Complex, Pasay City to introduce the latest security innovations to over 200 event participants. The Science & Technology week is an initiative held annually under the Republic Act 169 to bring technological innovations closer to Filipinos through experiential activities. This year’s theme underscores the Philippines as ‘a science nation innovating for global competitiveness,’ highlighting the vital role of science, technology and innovation in improving people’s lives through technology that’s on par with international standards. Roy Espiritu, the office spokesperson of the DOST-Information and Communications Technology (ICT), said that Fortinet’s involvement in the NSTW helped promote the relevance of using secured Internet connectivity in the country. "Fortinet's participation in the NSTW allowed us to give the public a sample of the Free Wi-Fi in Public Places Project. We are looking

forward to more private sector participation in this project to help bring the socio-economic benefits of Internet connectivity to the rest of the country,“ Espiritu said. During the week-long activity, Fortinet provided Access Points and free wireless connection(Wi-Fi) to the participants. Furthermore, the cybersecurity solutions provider showcased its Wireless Security Solution, integrating 17 indoor and outdoor FortiAP’s, a switch and a FortiGate 1500D as a controller. According to Jeff Castillo, Country Manager of Fortinet Philippines, the demonstration of Fortinet’s FortiAP comes on the heels of the new FortiAP-S product’s launch, bringing forward the industry’s most secure cloudmanaged enterprise Wi-Fi solution to the Philippines. “With the growth of the bring-your-own-device (BYOD) phenomenon in the enterprise, many organizations struggled to address the looming concerns about WLAN security and compliance,” Castillo said. “Current enterprise WLAN solutions demand extra hardware like separate WLAN controllers and security appliances— this introduces security challenges that are yet to be addressed. For this reason, we are proud to

introduce our new FortiAP-S series, which beefs up the cybersecurity protection Fortinet is widely known for.” Every FortiAP-S series access point is centrally managed through the cloud-based FortiCloud management system which allows effortless Wi-Fi network deployment and management. This boosts the levels of security, allows overall visibility and control, and reduces infrastructure complexity upon integration. He added, “Protection against cyber-attacks is relevant in securing an organization’s sensitive information. As we mount a new cybersecurity solution to Filipinos, we can empower them to forego separate WLAN controllers without exposing the network to cyber-threats.” Castillo concluded, “With our engagement with the DOST, we can guarantee Filipinos that there is a sophisticated technology waiting to secure their business. It’s time to go beyond ‘national’—every Filipino can already ensure a faster and more robust response to threats to protect their operations, their people and their clients, as well.” For more details about the FortiAP-S series, please contact your authorized Fortinet channel partner or contact 688-3333.


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

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Melgar emerges champ in Mosaic Poster Making Contest

Tagoloan Central School is on a winning streak as its Grade 6 elementary pupil, Johannie R. Melgar (above), has earned the school its third consecutive win for the Reg’l. Mosaic Poster Making Contest spearheaded by the Regional Agriculture and Fisheries Information Section of the DA-RFO 10 in coordination with DepEd as an observance of the forthcoming World Food Day celebration on October 16, the day UN-FAO was formed. photo supplied

Agriculture: Breaking the Cycle of Rural Poverty”, Melgar bested her rivals from 13 other participating schools throughout the region. For emerging as the regional winner, she received a cash prize of three thousand pesos (P3,000.00) from DARegional Field Office 10 and shall represent Northern Mindanao at the national level on October 10, 2015 at the Bureau of Soils and Water Management.

She shall do a totally different new mosaic poster, on-thespot, where she could possibly be one out of the five national winners, who shall each be conferred with a cash prize of fifteen thousand pesos (P15, 000) and an allexpense paid educational trip within Luzon, to be shouldered by the Philippine Council of Agriculture and Fisheries. The contest is an annual activity of the Department of Agriculture (DA) in coordination

with the Department of Education (DepEd) as an observance of the United Nation’s Food and Agriculture Organization’s WFD on October 16, the day on which the organization was created, which highlights the importance of agricultural food production and increase awareness among the public on critical issues such as hunger, malnutrition and poverty across the globe. # (JLOlson, RAFIS, DA-RFO 10)

Xavier...

CebuPac...

amounted to P5.2 billion -- a 63.65% jump from 2014’s comparable period. Operating revenue improved by 10.44% to P29.51 billion.

championed by the Philippine Sustainability Challenge (PSC), where one of its members is Veritas Social Empowerment Inc. (Veritas). Veritas earlier spearheaded a tree-planting activity at Sitio Wawa, Barangay San Rafael, Rodriguez, Rizal where various sectors participated. (PNA)

Cagayan de Oro City – Johannie R. Melgar, a Grade VI student of Tagoloan Central School surfaced as

from page 2

Tuition Voucher Program serves to offset the cost of tuition in private educational institutions. Along with the XU Senior High Team, CDONHS also invited speakers from DepEd, Technical Education and Skills Development Authority (TESDA) and Department of Labor and Employment (D OLE) to explain the relevance of Senior HS, especially when it comes to finding better employment opportunities regardless of whether students choose to pursue higher studies, decide to work or start a business right after graduating from Senior High. The Senior HS program comprises the additional two years to the current 10 years of basic education, in line with the DepEd’s Enhanced Basic Education Act of 2013 (Republic Act No.10533), which aims to strengthen the basic education system in the Philippines. XU has been preparing for the transition to the K-12 curriculum since 2014. Students can choose their career tracks in academic, technical-vocationallivelihood, sports, and arts and design. These tracks will help prepare graduates for higher education, entrepreneurship, further middle-level skills development and employment.

the champion in the recently capped 2015 World Food Day (WFD) Regional On-the-Spot Mosaic Poster Making Contest,

This public forum formed part of the discussion series of XU in collaboration with government agencies, schools, parents’ associations and student organizations toward forming globally competitive graduates who will meet the standards and fulfill the demands of the ASEAN Economic Integration. (XU Communications Office)

Hurst... from page 4

how much Jesus loves us. God humiliated Himself by becoming a human being, not only to die for all our wrongs and forgive us, but then to come back to life to show us that He is God Himself Who wants to give us new life. So won’t you ask Him today to forgive you and take full charge of your new life? Just Think a Minute…

Bayantel... from page 5

Asked if Bayantel is on track to exit the courta s s i s t e d re h ab by n e x t month, Globe President and Chief Executive Officer Ernest L. Cu said: “Sana.” “It’s ju s t p ap e r wor k with the court. It’s just a formality,” Mr. Larrazabal said. Globe is still reviewing how much fresh capital it would infuse into Bayantel. “We don’t know yet, but

held in the city. With the ability in creatively and uniquely interpreting this year’s theme “Social Protection and

we will modernize Bayantel facilities for sure,” Mr. Cu said. Globe already acquired a 38% interest in Bayantel in October 2013 after the Pasig City Regional Trial C ourt Branch 158 approve d t he ame nd e d rehabilitation plan jointly filed by the companies, w here Glob e conver ted Bayantel’s unsustainable debt into common shares, according to t he liste d telecommunication firm’s 2014 annual report. Globe, as principal creditor, was authorized to convert a portion of the debt into a controlling interest of at least 54% in Bayantel’s outstanding shares. Globe reached a purchase agreement with Bayan Telecommunications Holdings, Corp. and Lopez Holdings, C orp. in July for t h e i r e nt i re e qu it y holdings in Bayantel. The debt-to-equity conversion scheme, involving up to 70.76 million shares, jacked up Globe’s control to 98.57% from 56.87%. T h e Ay a l a - l e d t e l c o i s bu y i n g out t h e re s t o f B ay a nt e l’s m i n o r i t y shareholders. S o f a r, G l o b e’s total investment in the acquisition of Bayantel, including debt-to-equity conversions, has amounted to $172 million, Mr. Genio had said.

from page 5

and possibly there’s a lot of connecting traffic from Honolulu to the West Coast,” Mr. Gokongwei said. “Using Manila as a hub, probably a lot of North Asian countries can connect to Manila with direct flights from Honolulu.” Cebu Air secured approval to fly to the US in April 2014, after the Federal Aviation Authority upgraded the country’s aviation rating to Category 1. The airline is permitted to fly to Guam, S aip an , Honolu lu, S an Francisco and Los Angeles. Asked about the firm’s third-quarter performance, Mr. Gokongwei said it is “ahead of last year,” but declined to disclose figures. The airline’s net loss had widened by an annual 46% to P1.098 billion in the July to September 2014 period, according to its financial report to the stock exchange. Mr. Gokongwei added that “there’s a very good possibility that we’ll meet, if not exceed” its 18-million passenger volume target this year. For the first seven months, Cebu Air ferried 10.7 million passengers -- up by 8.6% year on year. It has yet to release August passenger data. The airline, which currently ser ves 63 destinations on 97 routes, said its first-half net income

Greening... from page 6

The participation of the countr y is being


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Sale...

from page 1

meeting of PSALM,” Monsada said. A ne wsp ap er rep or t quoted Monsada as saying that various stakeholders have been pushing for the postponement of the bidding, as this could further shoot up power rates in Mindanao. “If we do that now, we will use the prevailing rates, so that will be high,” said Monsada. “When supply is already stable, there will be not much pressure on the prices,” she added. PSALM earlier said it was expecting six investor groups to participate in the bidding of the independent power producer administrator contract for the plant. This was lower than 12 companies that originally expressed since some companies formed partnerships. PSALM in April named the 12 firms that attended the pre-bid conference for the privatization activity. The list includes the top three generators in the country: SMC Global Power Holdings Corp.; FirstGen Northern Power Corp.; and Ab oitiz-owned Therma Southern Mindanao, Inc. – with Wire reports

CUBE... from page 1

Centrio Mall in Cagayan de Oro City. That much was evident with the grand launch of its CUBE Bazaar Strip last Friday, 25 September 2015 at the C.M. Recto entrance of Centrio. “We got the idea for CUBE when we noted the good performance of the Higalaay Fiesta Bazaar organized by Ms. Pescador at the 3rd floor Bridgeway at Centrio last month,” said Pamela P. Mendez, Centrio deputy general manager. “We invited her to look at this 3rd floor space which was still not leased and see what she could come up with.” Ms. Mendez explained the concept is an offshoot of Ayala Land’s partnership with local home grown concepts to help develop regional brands through its nationwide network of malls. During the Merchants’ Pre v i e w t hat pre c e d e d Centrio Mall’s opening in 2012, erstwhile ALI President

and CEO Antonino T. Aquino said the firm was allocating 10-15 percent of its gross leasable area for local and “home-grown” concepts. “We would like to have an offering for everything that is going to be needed by our surrounding communities,” said Mr. Aquino. “This is the philosophy which underlines Ayala’s involvement in all its host communities all over the country.” Although Centrio can accommodate up to 300 tenants composed of local, national and international brands of stores, boutiques, ser vice centers and restaurants, its rates are beyond the reach especially of start-ups. The brainstorm of the C entrio marketing and operations teams with gutsy retail event organizer Angela Pescador, the “corner in the sky” quietly opened last month, Cagayan de Oro’s Fiesta Month of August, traditionally one of the biggest months for retails sales in one of the country’s “Most Competitive Cities.” “We thought of grouping these young entrepreneurs together so they could apportion the costs of a shared space among themselves through an organizer like Ms. Pescador,” Candice A. Saligumba, operations associate manager who was the liaison between the group and Centrio Mall. “Our marketing group liked what they saw with her handling of the Higalaay Fiesta Bazaar at the 3rd Floor Bridgeway and thought she was the right person who could make it work.” Ms. Pescador got together a core group of 27 start-up entrepreneurs, many of whom just had their first venture with the fiesta bazaar, and moved into the 130 sq. m. space beside Time Zone at the 3rd Level of Centrio. “When we started the place was not yet divided into individual stalls so we just made do with what we had and it was quite jumbled at the start,” Ms. Pescador admits. “This, while they were simultaneously running their fiesta bazaar at the Centrio Bridgeway.” But it was not all roses for the new venture even if Centrio Mall had record numbers of shoppers during the latest Higalaay Festival. “When we started, our sales were a little slow since for most of us, it was the

Publication Notice Republic of the Philippines Province of Misamis Oriental Municipality of Initao -o0oNOTICE TO THE PUBLIC CCE- 0032-2015 R.A. 10172

Date: September 21, 2015

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A.10172), Notice is hereby served to the public that MARNIE B. AGIAO has filed with this Office, a petition for change of first name from “ “ to “ “ and correction of entry in sex from “ MALE ” to “ FEMALE ” or correction of entry in the date of birth from “ 6-2-1988 “ to “ FEBRUARY 6, 1988 “ in the certificate of live birth of MARNIE C. BACLAYON at Initao, Misamis Oriental and whose parents are PATRICIO BACLAYON and LILIBETH CHIO. Any person adversely affected by said petition may file his written opposition with this Office not later than October 15, 2015. BWM: Sept. 23 & 30, 2015

(Sgd) ISAIAS A. JARALES Municipal Civil Registrar

first time we were thrust into a store, much less a mall,” Ms. Pescador recalls. “We had very little knowledge of merchandising and the space was in the third floor so tuyounon jud.” However, the Centrio operations and marketing teams were closely monitoring how the new venture was doing and pitched in to help. First, the mall organized the space into 15 booths at its own cost and got designer Bambi Pacquiao to spruce up the interior with signage and interior decors. “We have as many as three to four merchants of similar or complementary lines of merchandise sharing one booth,” Angela noted. “I take care of operations and administration of the whole space so Centrio only deals with me. All our internal issues and concerns we handle internally among ourselves.” Among the product lines carried by CUBE merchants are cosmetics, including US

brands like Mac, Sephora, Urban Decay, Physicians Formula, Rimmel, Loreal, Maybelline, Revlon, Almay, Neutrogena; fashion accessories like branded wallets and scents; ele c t ronic gadgets and accessories like power banks and mobile phone fashion; children’s toys; food items like locally made yema, pastillas, chili spice, taro chips and of course very affordable RTW for all ages. Next, the CUBE merchants got Tipoy Piquero of Renzeez Events to organize a grand launch with Makiyaki Caterer Lanyah Asombrado to set up a buffet for guests and media. “We thought a fashion event was the best way to ramp up awareness about the CUBE among shoppers,” Angela said. “We got community models who worked for us gratis and Centrio management again came to our rescue by providing us with a free venue at its busiest entrance along C.M. Recto Avenue to

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 41 Cagayan de Oro City BPI FAMILY SAVINGS BANK. INC., EJF NO. 2015-207 Petitioner-Mortgagee, F O R : EXTRA-JUDICIALFORECLOSURE REAL ESTATE MORTGAGE -versusSPS. PHOEBE MARIE COBAL GABUTAN AND NEIL BOTER GABUTAN, Respondents-Mortgagors. X -- - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ NOTICE OF EXTRA-JUDICIAL SALE Upon extra-judicial petition for sale under Act No. 3135/4118 filed by BPI FAMILY SAVINGS BANK. INC., against SPS. PHOEBE MARIE COBAL GABUTAN AND NEIL BOTER GABUTAN, with residence and postal address at BLK 10 LOT 22, NHA PH 2, KAUSWAGAN, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of August 13, 2015 amounts to NINE HUNDRED FIVE THOUSAND THREE HUNDRED FOURTEEN PESOS AND 74/100(P905,314.74), Philippine Currency, exclusive of interest, penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on November 18, 2015 at 10:00 A.M. at the main entrance of this Court, Regional Trial Court, Branch 41, Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit: TRANSFER CERTIFICATE OF TITLE NO. 137-2011004070 LOT PORTION OF LOT AS SURVEYED FOR LAND USE LOCATION AREA

: 14, Blk-21, Psd-10-058579 : 1, Pcs-10-004054 : Biema Cruz Along, Wilma Cruz Paras, Rosario Cruz Guest, Emma Grace Cruz Ang & Ma. Luz Cruz Gallego (BELLEVUE) : Residential : Carmen, Cagayan de Oro City : ONE HUNDRED TEN(110) SQ. M. more or less Including all improvements found thereon.

FOUR HUNDRED(400) SQUARE METERS, more or less including all improvements existing and to be constructed/ erected thereon. All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event 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 property herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, May 26, 2014.

(SGD) ALDEN V. SAMBAAN SHERIFF IV

BWM: Sep. 30, Oct. 7 & 14, 2015

ensure maximum exposure for the event.” Coincidentally, the Friday, 25 September grand launch was an official holiday so there was quite a crowd of shoppers who stopped by to watch the fashion show which everyone declared a complete success. It was immediately followed by a ribbon-cutting and blessing of the CUBE Bazaar Strip and dinner for

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guests and merchants at the CUBE venue in the 3rd floor. D e p e n d i n g o n h ow CUBE Bazaar Strip does in the next few weeks, Centrio management is open to the entry of more young entrepreneurs to get into business and take up Ayala’s offer to develop regional brands straight from the grassroots by offering another similar space nearby.

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch – 20 Cagayan de Oro City BPI FAMILY SAVINGS BANK, INC., Petitioner/Mortgagee, -versus-

EJF FILE NO. 2015-178

SPOUSES PATSY BANAAG, CLARIN and RENE DINGAL CLARIN.. Respondent/Mortgagor. x-----------------------------------------/ OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF-File No. 2015-178 Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by BPI FAMILY SAVINGS BANK, INC., a corporation duly organized and existing under Philippine Laws, with principal address at Paseo de Roxas, cor. De la Rosa Sts., Makati City, herein represented by VIC ANTHONY JOSEPH F. TAGUPA , its Assistant Manager for its Cagayan de Oro Branch, located at BPI Bldg., C.M. Recto Ave., Lapasan, Cagayan de Oro City, Philippines, against SPOUSES PATSY BANNAG CLARIN and RENE DINGAL CLARIN, both of legal age, Filipino, and residents of # 86 Tiano-Hayes Sts., Cagayan de Oro City, to satisfy the mortgage indebtedness which as of June 9, 2015, amounted to TWO HUNDRED THIRTY NINE THOUSAND SIX HUNDRED NINETY SEVEN & 59/100 PESOS (Php 239,697.59), Philippine currency , exclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at Public Auction on October 22, 2015, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or Manager’s check in Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-208812 “ A PARCEL OF LAND AND ALL IMPROVEMENTS THEREON (Portion of Lot 2-A-2, Psd-10-050038; Surveyed for : CEDRIC V. JONGKO; Land Use: Residential; Location : Bulua, Cagayan De Oro City, Island of Mindanao. Boundaries : NW., along line 1-2 by Lot 2-A-1; NE., along line 2-3 by Lot 2-A-11, all of the (Road 10.00 m.w.; SE., along line 3-4 by Lot 2-A-10 (Road 6.00 m.w.) subd. Plan of Psd-10-050038; SW., along line 4-1 by Lot 2-A-3 xxx . Containing an area of ONE HUNDRED FIFTY FOUR ( 154) SQUARE METERS. 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 working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein above-describe encumbrances thereon, if any there be. Done this 25th day of August, 2015 at Cagayan de Oro City, Philippines. (Sgd) CELESTIAL VENUS G. GELBOLINGO Sheriff IV BWM: Sept. 16, 23 & 30, 2015


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EMPRESS M

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Editor: SHAUN ALEJANDRAE YAP UY

B1

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,

Business as Usual in Butcher’s Best BBQ by

Michelle Francisco

www.EmpressMichelleFrancisco.com

Cagayan de Oro’s iconic place for ihaw-ihaw and sugba-sugba remains open despite irresponsible social media posts it has burned down. “It’s true our chimney caught fire 2 weeks ago but we managed to put the fire out and damage to our restaurant was minimal and we have re-opened after some minor repairs and touching up,” said “Chairman” Kim Clark Yap of Butcher’s Best Barbecue. In a sign posted at the door, the management clarifies it is now undertaking renovation to make it a much better place and indeed, the place which opened years ago is showing some signs of aging. However, Kim Clark said that they are renovating and rebranding Butchers Best Barbeque, and would keep prices affordable for their patrons which have made Butcher’s Best Barbeque their favorite sugbasugba hangout in Cagayan de Oro. Renowned far and wide for its

Business As Usual

Notice to our Valued Customers

very affordable but delicious Original Pork and Chicken BBQ, Original Sisig (chopped and grilled/broiled pig's cheeks), Sinug WOW (grilled pork belly served with soy sauce and onions) and of course, its famous Grilled Angus Beef Belly which is even respected by the AB crowd for its real value for money. In a review dated March 21, 2015 posted at TripAdvisor, a visitor from Norfolk, Virginia raved about the place having “the best sisig I ever tasted in the entire Philippines, still nothing can compare. They also offer a lot of local Filipino foods, an array of barbecue flavors to choose from. Simply the best." Butcher’s Best Barbeque (Xavier) is located at Corrales-Hayes St., between Pabayo St. and Corrales Avenue, Cagayan de Oro City, Philippines. For inquiries and reservations, please call (088)8577333 or (08822)725678

Two icons of Cagayan de Oro

Expansion project

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


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LifeStyle

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The Night Stalker:

The CUBE Bazaar Strip Grand Launch “It’s a great opportunity to be at the very center of everything in CDO. As in any Ayala development, we’re able to contribute in terms of helping boost domestic economy and improving lives.”

bazaar, and moved into the empty space. “When we started the place was not yet divided into individual stalls so we just made do with what we had and it was quite jumbled at the start,” ~Former ALI Pres. & CEO Antonino T. Aquino Angela admits. “This, while they were simultaneously running their fiesta bazaar at the Centrio Bridgeway.” The CUBE Bazaar Strip at President and CEO Antonino But it was not all roses for the 3rd Level of Ayala’s Centrio T. Antonio said the firm was the new venture even if Centrio Mall, that’s what. allocating 10-15 percent of its The brainstorm of Cagayan gross leasable area for local and Mall had record numbers of shoppers during the latest de Oro Gateway Corporation “home-grown” concepts. Higalaay Festival. and gutsy retail event organizer “We would like to have an “When we started, our sales Angela Pescador, the “corner offering for everything that were a little slow since for most in the sky” of Centrio quietly is going to be needed by our of us, it was the first time we opened last month, Cagayan de surrounding communities,” were thrust into a store, much Oro’s Fiesta Month of August, said Mr. Aquino. “This is the less a mall,” Angela recalls. traditionally one of the biggest philosophy which underlines “We had very little knowledge months for retails sales in one of Ayala’s involvement in all its of merchandising and the the country’s “Most Competitive host communities all over the space was in the third floor so Cities.” country.” tuyounon jud.” CDO Gateway Corp. is the Although Centrio can However, the Centrio joint venture between Ayala accommodate up to 300 tenants Land Inc. and the Floirendo composed of local, national and operations and marketing teams were closely monitoring how family who owns the land where international brands of stores, the new venture was doing and the Centrio Mall now stands. boutiques, service centers and pitched in to help. First, the “We got the idea for CUBE restaurants, its rates are beyond when we noted the good the reach especially of start-ups. mall organized the space into 15 booths at its own cost and performance of the Higalaay “We thought of grouping got designer Bambi Paquiao to Fiesta Bazaar organized by these young entrepreneurs Ms. Pescador at the 3rd floor together so they could apportion spruce up the interior a bit with Bridgeway at Centrio last the costs of a shared space month,” said Pamela P. Mendez, among themselves through an Centrio Deputy General organizer like Angela,” Candice Manager. “We invited her to A. Saligumba, Operations look at this 3rd floor space Associate Manager who was the which was still not leased and liaison between the group and see what she could come up Centrio Mall. “Our marketing The grand launch with.” group liked what they saw with Ms. Mendez explained the her handling of the Higalaay was well covered concept is an offshoot of Ayala Fiesta Bazaar at the 3rd Floor by mainstream Land’s partnership with local Bridgeway and thought she was and social media home grown concepts to help the right person who could make develop regional brands through it work.” its nationwide network of malls. Angela got together a core During the Merchants’ group of start-up entrepreneurs, Preview that preceded Centrio many of whom just had their Mall’s opening, erstwhile ALI first venture with the fiesta

signage and interior decors. “We have as many as three to four merchants of similar or complementary lines of merchandise sharing one booth,” Angela noted. “I take care of operations and administration of the whole space but Centrio only deals with me. All our internal issues and concerns we handle internally among ourselves.” Among the product lines carried by CUBE merchants are cosmetics, including US brands like Mac, Sephora, Urban Decay, Physicians Formula, Rimmel, Loreal, Maybelline, Revlon, Almay, Neutrogena; fashion accessories like branded wallets and scents; electronic gadgets and accessories like power banks and mobile phone fashion; children’s toys; food items like locally made yema, pastillas, chili spice, taro chips and of course very affordable RTW for all ages. Next, the CUBE merchants got Tipoy Piquero of Renzeez Events to organize a grand launch with Makiyaki Caterer Lanyah Asombrado to set up a buffet for guests and media.

“We thought a fashion event was the best way to ramp up awareness about the CUBE among shoppers,” Angela said. “We got community models who worked for us gratis and Centrio management again came to our rescue by providing us with a venue at its busiest entrance along C.M. Recto Avenue to ensure maximum exposure for the event.” Coincidentally, the Friday, 25 September grand launch was an official holiday so there was quite a crowd of shoppers who stopped by to watch the brief show which everyone declared a complete success. It was immediately followed by a ribbon-cutting and blessing of the CUBE Bazaar Strip and dinner for guests and merchants afterwards. With God’s grace, CUBE Bazaar Strip will open the doors to the entry of more young entrepreneurs to get into business and take up Ayala’s offer to develop regional brands straight from the grassroots. Mabuhay!


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Cebu Pacific and Tigerair Strategic Alliance Soaring Strategic Alliance Agreement Approved by Competition Commission of Singapore Cebu Pacific and Tigerair welcome the Competition Commission of Singapore (CCS) approval 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. In addition, Cebu Pacific and Tigerair have an existing interline cooperation as part of the alliance and the CCS approval allows both airlines to build upon the current arrangements. With both carriers operating complementary networks, the strategic alliance provides greater connectivity to travellers. Cebu Pacific’s passengers, particularly from the Philippines, will be able to 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, which will offer customers more flight options at good value. President and CEO of Cebu Pacific, Mr Lance Gokongwei said, “CEB’s strategic alliance with Tigerair allows both carriers to leverage 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, CEO of Tigerair, Mr Lee Lik Hsin, said “We are very pleased to have been granted approval by the CCS which further 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.”

Feature

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STARTER & ENTRÉE

FOR P595? ONLY AT TGIFRIDAYS

CAGAYAN DE ORO & DAVAO At TGI Fridays, you are spoiled for choice. And at affordable prices at that! Take its “Pick 2 for P595” offer for instance. For this amount, guests get to choose an appetizer and an entrée from an array of some of the restaurant’s signature dishes. These are available at its branches in Cagayan de Oro and Davao. Choose from these delicious dishes to begin your meal: Buffalo Bites, Beef Queso Dip, Caesar Salad (lunch portion) and Fried Mozzarella. If the starter of your choice has tickled

your appetite, you are now ready to pick a main course from this selection: Fish & Chips, Chicken Fingers, Filipino Pork Liempo (lunch portion), Tex Mex Mac and Cheese and Pacific Grilled Pork Chop. Whatever you fancy, this attractive offer is guaranteed to satisfy you, anytime of the day, everyday! Also up for grabs are new dishes under the “Taste of New York” promotion. From now until November 30, 2015, enjoy iconic dishes the Big Apple is famous for. After all, it was in New York where the first

TGIFridays restaurant was born! Go and have a taste of Bronx Crispy Chicken Parmesan Meatballs, Madison Hotdog, Big Apple Burger, Queens Almond-Crusted Tilapia and Jalapeno Shrimp and Manhattan Sausage Stuffed Chicken. And for a rich and decadent drink, have a sip of the Broadway Peanut Butter Jelly Milkshake. To know more about TGIFridays, check out its social media sites: TGI Fridays Philippines (Facebook) @tgifridaysph (IG and Twitter) and its website: www.fridays.com.ph.


BusinessWeek MINDANAO

2013 PPI’S BEST IN BUSINESS AND ECONOMIC REPORTING

YOUR DAILY MINDANAO-WIDE BUSINESS NEWSPAPER WEDNESDAY | SEPTEMBER 30, 2015

2014 PPI’S BEST IN ENVIRONMENTAL REPORTING

Section Editor: SHAUN ALEJANDRAE YAP UY

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500px, Fujifilm Global Photo Walk Successfully Takes Off

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by CLEMENT DAMPAL II (www.bestspotsph.com)

agayan de Oro, Philippines joined the 3rd Annual 500px Global Photo Walk sponsored by FUJIFILM, Saturday, September 26. One of the 11 cities and provinces in country to join the Global Photo Walk, the event was spearheaded by Gian James Maagad, a Fujifilm Street Photographer based in the Cagayan de Oro. This year with the global theme of “Explore with Friends” and a local theme of “Human Interaction”, a total of 27 photographers from different communities gathered and joined the fun-filled Photo Walk which started around 7 in the morning. Maagad, the Photo Walk Leader safely managed to led the group and started the Walk at Plaza Divisoria. The group then proceeded to Gaston Park using the Kalye del Mar (Known today as the Don Apolinar Velez St.) and continued towards the St. Augustine Metropolitan Cathedral exploring some interesting stories to document. The group crossed the Ysalina Bridge commonly known as the Carmen Bridge going to Vamenta Boulevard and took a left turn at the Castro

Street passing the Carmen Public Market. Stayed for a couple of minutes to document something worthy, the group then decided to move to Velez Street corner JR Borja Street passing the new bridge of the city, J.R. Borja Bridge. From there, they moved all the way to Provincial Capitol Grounds also known as the “Vicente de Lara Park” as the final leg of the event. Photographers puzzled up the area, documenting, and capturing the best and inspiring story to share to the world while discovering the meaning of camaraderie. The Photo Walk culminated at the Colours Philippines, Centrio Mall Branch where participants received a FREE 8R photo print from Fujifilm Philippines.

The 500px, Fujifilm Global Photo Walk culminated at Colours, Centrio Ayala Mall Branch, September 26. Participants received free 8R sized photo prints from Fujifilm Philippines.

Fujifilm lends its retro style, focus on the photographer, and dedication to constant innovation to this exciting event The 500px Fujifilm Global Photo Walk is an annual worldwide event where thousands of photographers come together on the same day to celebrate their local communities through their love for photography. Beautiful photos and experiences had during the photo walks are shared, enjoyed, and discussed on 500px. Last year, the Global Photo Walk involved over 7,000 photographers who explored 137 cities on all 7 continents. Walks occurred everywhere from parks, to nature reserves, to busy urban streets

with nearly 9,000 images shared across social media and on 500px.com. Lucky winners of the Global Photo Walk will receive a Fujifilm X-T1 Kit (500PX STAFF PICK: BEST MARKETPLACE PHOTO) awarded for the best photo submitted (and accepted) to 500px Prime, as judged by the 500px editorial team. Another category (500PX STAFF PICK: MOST RELEVANT THEME PHOTO) will receive a Fujifilm X-T10 kit, awarded for the photo that best captures the theme “Explore with Friends” as judged by the 500px editorial team. Additionally, 500PX STAFF PICK: MOST CREATIVE MOBILE PHOTO Category will

also receive a Fujifilm X-T10 Kit, awarded for the most creative photo that is taken with a mobile phone, as judged by the 500px editorial team. POPULAR VOTE: COMMUNITY FAVORITE will be receiving a Fujifilm X30, a prize awarded for the photo that received the highest number of likes on 500px. Lastly, COMMUNITY PICK: FAVORITE HOST will also receive a Fujifilm X30, awarded to the host who submits the best group photo, as judges by the 500px editorial team. Official hashtags for the Photo Walk: #500pxGPW15, #fujifilmph #coloursdigitalfoto


BusinessWeek Mindanao (September 30, 2015)