BusinessWeek Mindanao (February 20-21, 2013 Issue) by Mindanao Daily News

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Issue No. 166, Volume III •

Market Indicators

As of 5:54 pm feb. 18, 2013 (Monday)

FOREX

PHISIX

US$1 = P40.62

6,565.23 points

2 cents

43.59 points

Briefly

Sajahatra

KO R O N A D A L C i t y - Barely four months from the signing of the Framework Agreement on the Bangsamoro in October, President Aquino launches the Sajahatra Bangsamoro, a program intended to deliver basic social services to the Moro people. The term “Sajahatra” is Arabic-Melayu-Bahasa derivative which means “Peace.” Aquino, on Monday, visited the Bangsamoro Leadership and Management Institute in Barangay Simuay, Sultan Kudarat, Maguindanao -- a mere four kilometers away from the Moro Islamic Liberation Front’s headquarters Camp Darapanan -- to set the program in motion. Aquino is the first President of the Republic to set foot in the MILF stronghold.

Power plant rehab

RENEWABLE energy firm Euro Hydro Power (Asia) Holdings Inc. is investing around P50 million for the rehabilitation and recommissioning of a mothballed mini hydro power plant in Koronadal City. Ignacio Guinid Jr., Euro Hydro officer-in-charge and technical ser vices manager, said Monday they are targeting to start by June the rehabilitation works on the mini hydro power plant located in Sitio Upper Guadalupe of Barangay Carpenter Hill in Koronadal City, in partnership with the local government and the National Irrigation Administration (NIA) Region 12. He said the company signed earlier this month a memorandum of agreement (MOA) with the city government of Koronadal and NIA-12 for the rehabilitation and operation of the power facility.

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Civil society to oppose Misor airport opening

By MIKE BAÑOS, Correspondent

TAKEHOLDERS from Northern Mindanao have issued a strongly worded manifesto asking the Department of Transportation and Communications to defer the planned ‘soft opening’ of the Laguindingan Airport in Misamis Oriental scheduled for April 30, 2013.

“We are concerned this will compromise the safety of the airline commuters using this airport and adversely affect the economy of the region due to the cancellation of night flights,” said Arsenio L. Sebastian III, private sector cochair of the Regional Development Council for Region X (RDC-X). Laguindingan Airport is situated some 46 kilometers southwest of Cagayan de Oro and would serve Northern Mindanao and the Lanao areas. With a total area of 417 hectares, it currently has a 2,100 meter (6,888 ft.) concrete runway capable of accommodating medium wide body aircraft such as the Airbus A320 on a 24/7 basis. oppose/PAGE 7

LOAN GRANT FOR PRIMAVERA. The Bank of Philippine Islands (BPI) recently granted developer Italpinas with a P180-million loan to finance its Primavera Residences Tower 2. Photo above shows the signing agreement at the BPI Head Office with (L-R) Atty. Jose D. Leviste III, President, and Architect Romolo V. Nati, Chairman and CEO for Italpinas and Mr. Alfonso L. Salcedo, Jr., Executive Vice President and Group Head, Corporate Banking Division and Mr. Mario B. Palou, Senior Vice President for Bank of PI. photo provided

Globe completes landline system upgrades in South GLOBE Telecom cited the completion of another set of system upgrades of equipment in the Visayas and Mindanao that form part of a larger $ 51.5 million (P2.06 billion) project seeking to modernize its landline infrastructure in the central and southern parts of the country. The four-phase project seeks to discard old “legacy” digital line concentrators from the core switches down

to the street-side cabinets with next generation network equipment providing voice and data. The project is separate from the $ 700-million nationwide wireless modernization also currently being undertaken by the company. According to Robert Tan, chief technical advisor at Globe, the change-out will initially involve the readying of the telco’s billing system Globe/PAGE 7

J.P. RIZAL - CRUZ TAAL STS., (NEAR SHANGHAI BAKERY) DIVISORIA, CAGAYAN DE ORO CITY

Mindanao seen to surpass country’s local economies By ANN MARIE MAGSAYO Staff Member

SOCIO-ECONOMIC Planning Secretary Arsenio Balisacan is optimistic on economic growth of Mindanao by saying it may still surpass other local economies in the country if the island’s

economic potentials are fully maximized. “Mindanao has the capacity to surpass local economies of Luzon if the region can harness its potentials to the fullest,” said Balisacan, Director-General of the National Economic Develop-

ment Authority (NEDA) in a news conference Sunday in Davao City. He cited the case of Caraga region which was the fastest growing region with an accelerated growth rate of 9.6 percent in 2011. It surpassed surpass/PAGE 7

Cynthia Villar vows to continue legislative works in the senate

Villar

FORMER Las Pinas City Rep. Cynthia Villar, one of the Senate bets of the Liberal-led coalition Party Team PNoy, is going full blast with her campaign as she promises to continue her legislative works during three-year term in the Lower House (from 2001 to 2010). “I want to share my experience in the local level and implement them in the national level. I want

to pursue my advocacies in the Senate,” stressed Villar, popularly known as “Misis Hanep Buhay”, for the livelihood enterprises that she has set up in more than 500 communities in Las Pinas and more than 100 more all over the country. During her term as President of the Lady Legislators of the House of Representatives in the 12th, 13th and Villar/PAGE 7

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Economy 2 Govt allocates P245-M for Samal island infrastructure Wednesday - Thursday I Feb. 20-21, 2013

DAVAO City -- The Island Garden City of Samal (IGaCoS) will be allocated at least P245-million worth of infrastructure projects for 2013 mostly to be used in the upgrading of its road network. Department of Public Works and Highways Davao del Norte District Engineer Fernando Ongkingco Jr. said the allocation will be used

to fund the improvement and upgrading of the city’s circumferential road. The development of the road is identified as an infrastructure project support to IGaCoS being one of the tourist destinations in the country. The project identification and budget allocation is based on the provisions of Republic Act 9593 (Tourism Act of 2009) which identifies

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infrastructure requirements in tourism areas to be accorded priority status in funding and implementation of said program. City Mayor Aniano Antalan said the project will accelerate economic development and help uplift the living conditions in the island. The City Engineer’s Office meanwhile has requested the samal/PAGE 7

SMUGGLED RICE. BUREAU of Customs, Region 10 (BOC-10) District Collector for Northern Mindanao Lourdes Mangaoang (left), (BOC-10) Deputy District Collector Marvin Mison, Customs Deputy Commissioner Danilo Lim, Phividec Administrator Leo Magno, and Acting Port Collector Javier Alpaño of the Mindanao International Container Port (MICP) present to reporters part of the 17,500 bags of smuggled rice from India that the BOC-10 confiscated inside the MICP in Tagoloan town, Misamis Oriental yesterday morning. photo by gerry lee gorit

P26-M worth of smuggled Indian rice confiscated at Tagoloan container port By GERRY L. GORIT Reporter

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MISAMIS Oriental – Customs Deputy Commissioner Danilo Lim has ordered for an expanded probe aimed at identifying the financiers behind the series of smuggling as the Bureau of Customs (BOC) in Northern Mindanao yesterday seized P26-million worth of Indian white rice at the Mindanao International Container Port (MICP) in Tagoloan town in Misamis Oriental. Aside from the financiers, Lim also wanted to know

who are the protectors of smugglers inside and outside the BOC. The BOC in Northern Mindanao––composed of Deputy District Collector Mar vin Mison, Phividec Administrator Leo Magno, MICP Chief for Assessment Division Hernando J. Mendoza, and MICP Acting Port Collector Atty. Javier Alpaño––seized 35 twenty-footer container vans loaded with 17,500 bags of smuggled rice from India yesterday morning. Lim, who supervised the

confiscation, identified the shipment’s consignee as “Jefmin Farmers Multi-purpose Cooperative” with listed address as Barangay Datung Matas in Concepcion, Tarlac. A Tarlac-based farmers cooperative allegedly imported the rice without the needed supporting documents from the National Food Authority (NFA), the BOC said in a statement. The confiscated rice shipments collectively weighed 875 metric tons––and can fetch a minimum of P26 rice/PAGE 7

AGUSAN del Norte -- The Agrarian Reform Office of Agusan del Norte has announced the full implementation of the Agrarian

Reform Community Connectivity and Economic Support Services (ARCCESS) aimed at providing additional support to farmers.

“We shall proceed with the implementation of ARCCESS by turning over common service facilities including farm implements, machineries and equipment in the first quarter of 2013,” said Provincial Agrarian Reform Officer II Andre Atega. Ester Cabalan, OIC Chief of the Beneficiaries Development and Coordinating Division, revealed that there are two agrarian reform beneficiary organizations (ARBOs) with projects to be financed at P3 million each. Cabalan identified the two organizations as the Tagabaca Multi-Purpose Cooperative of the Tagabaca Agrarian Reform Community in Barangay Tagabaca here whose project, the Tagabaca Grains Center had been approved, and the Baliguian Irrigators Association of the CLIMMBBB Agrarian Reform Community in Jabonga, Agusan del Norte, whose proposal for an Integrated farmers/PAGE 8

DAR implements agrarian and economic programs for farmers

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UCPB hikes profits to P3.7B last year THE UNITED Coconut Planters Bank hit its net income target last year as it saw profits jump by nearly 23% on the back of strong growth in its lending business and significant gains from securities trading. In a statement released Tuesday, the bank said: “UCPB posted a net income of P3.73 billion for 2012, up by [22.89%] from [the year before].” This tra nslated to a 19.47% return on equity, or net income as a percentage of stockholders’ investment. UCPB -- the country’s 12th largest bank in asset terms -- set a net income target of P3.6 billion to P4 billion last year, higher than the P3.06 billion in earnings posted in 2011. The bank did not say how much its net interest earnings were. Total loan portfolio grew by 24.39% to P87.72 billion, of which corporate loans accounted for 45%. Consumer loans accounted for the bulk. “Consumer loans portfolio grew by 33% last year,” UCPB said. Total deposits stood at P167.69 billion last year as the bank added more branches throughout the country. As of end-December, UCPB had 188 branches and 277 automated teller machine (ATM) units nationwide. Meanwhile, the bank’s non-interest income grew by 47.62% to P3.1 billion, buoyed by large gains from securities trading and feebased income.

Growth in fee-based income, the bank said, was reflected by the 20% growth in ATM transactions last year from the previous year. “The growth in fees will continue to be robust because of the introduction of products such as UCPB Connect,” UCPB said. UCPB Connect is the bank’s online facility that allows clients to pay their bills, transfer funds, view balances, and order checks through the internet. It includes a mobile banking component which allows users to access their bank statements and pay bills. The bank’s total resources grew by 9% to P218.72 billion last year. Its non-performing loan ratio -- or the ratio of soured loans to total loans -- stood at 5.83%. UCPB’s capital adequacy ratio--a key measure of a bank’s financial strength -- stood at 10.71%, slightly above the Bangko Sentral ng Pilipinas’ 10% minimum requirement. Tier 1 CAR stood at 10.71%, above the 6% requirement. “In spite of 2012 being a demanding year both strategically and financially, we at UCPB are satisfied to have achieved the results amidst these trials and challenges. We are definitely looking forward to this year ... our 50th anniversary. [We will revisit] the [fundamentals] that have made us a reliable banking partner for our target market,” UCPB President and Chief Executive Officer Jeronimo U. Kilayko was quoted as saying in the statement.

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Aboitiz Power plans to build new coal-fired plant in Cebu ABOITIZ Power Corp is mulling over a new coal-fired power plant in Cebu. Er ra mon I. Aboit i z , AboitizPower president and chief executive officer, said the company may put up a 300-megawatt facility. “We’re studying the possibility [but] it is still in the development stage,” he said, without elaborating. AboitizPower is the power

generation and distribution arm of the Aboitiz Group, a conglomerate with investments in energy, banking, food, manufacturing, among others, that traces its roots to Cebu. The company, in partnership with the Metrobank Group, Vivant Corp and Formosa Heavy Industries of Taiwan, operates a 246-megawatt coal-fired power plant

in Toledo City, Cebu. Aboitiz said the company may also expand this plant “but we’re still developing that.” Besides a new coal plant in Cebu, AboitizPower and its partners are also putting up or expanding similar facilities in Subic, Quezon and Davao. The coal projects are targeted for completion in

three to five years and will entail investments of about P85 billion on the part of AboitizPower. Aboitiz earlier said the company is focusing on the development of such power generating facilities to help the country secure its electricity supply especially during volatile weather conditions, which affect the output of renewable energy plants.

Total Philippines hikes fuel prices

TOTAL Philippines, an independent player on Tuesday increased the prices of regular gasoline by P1.15 per liter, premium gasoline (including unleaded) by P.95 per liter, diesel by P0.65 per liter and kerosene by P0.70 per liter at 6 a.m. Tuesday. Earlier, major oil players Pilipinas Shell, Petron Corp. and Chevron Philippines increased their respective prices of petroleum products in the same increment. Meanwhile, another independent oil firm, Eastern ants’ price adjustment at Petroleum Philippines, said 12:01 a.m. Wednesday. it would match the oil gi- The latest price hike—

tional prices, the oil firms noted. Last week, the same oil companies raised their prices for premium, kerosene and diesel by P1.20 per liter while regular was hiked by P1.10 per liter. The week prior, premium was jacked up by P1.05 per liter, regular by P0.75 per liter and both diesel and kerosene by P0.45 per liter. Last Januar y 29, the petroleum firms increased prices of regular by P0.95 per liter, premium by P0.90 the fourth consecutive one per liter, kerosene by P0.45 since late January—was due per liter and diesel by P0.35 to the upsurge in interna- per liter.(PNA)

GENERAL SANTOS CITY -- The Alcantara-led coalfired power project in nearby Maasim, Sarangani is targeted to go on stream by September 2015, a company executive said. Oscar Benedict E. Contreras III, Alsons Power Business Unit manager for communications and stakeholder relations, said construction work on the first phase of the project involving 105 megawatts (MW) is now under way. Sarangani Energy Corp., developer of the 210-MW

The coal plant project is seen part of a long-term solution to the power shortage in Mindanao, a company statement said. The National Grid Corporation of the Philippines estimated Mindanao’s power shortage at 246 MW Monday, when demand usually falls. The f irst phase of the project is intended to supply power requirements of this city, Sarangani province and other areas in southern and southwestern Mindanao, Mr. Contreras added. Sarangani Energy earlier

Work under way on Sarangani coal plant coal power plant, turned over the site two weeks ago to the contractor, Korean firm Daelim Industrial Co. Ltd. The project is expected to generate at least 1,000 jobs during the construction phase with priority given to local residents, Mr. Contreras said. Located near a scuba diving spot, the coal plant project is opposed by environmental groups like Greenpeace and local church groups on concerns over human health and the environment. PART OF A SOLUTION

Mariwasa President Anukul Kongrit (third from left) hands over the check donation to ABS-CBN Sagip Kapamilya Program Director Ms. Tina Monzon-Palma together with Sagip Deputy Director Marcel Rinon (left), Jakkrit Suwansilp, MSC Vice President for Sales and Marketing (2nd from left), Emilie Mramag, MSC Vice President for Finance and Administration (2nd from right) and Elizabeth Ebio, MSC Sales Coordination Manager (right).

forged a deal to supply the South Cotabato II Electric Cooperative (Socoteco-2) with 70 MW. Socoteco-2 serves this city, the entire Sarangani and parts of South Cotabato. Alsons Consolidated Resources, Inc. (ACR), the listed company of the Alcantara Group, holds 75% of Sarangani Energy with Toyota Tsusho Corp., the trading company of the Toyota Group, owning the remaining 25%. Daelim is one of the biggest construction and engineering firms in South Korea with projects in over 24 countries. It is the flagship of the Daelim Group, one of the leading Korean business conglomerates. With the turnover, Daelim has assumed full responsibility in ensuring that the project is completed on time, Mr. Contreras said. Present during the turnover were ACR and Sarangani Energy chairman and president Tomas I. Alcantara, Daelim Industrial president Chul Kyoon, and Sarangani Gov. Miguel Rene A. Dominguez. The first phase of the project is estimated to cost $310 million (P9.3 billion). Thirty percent of the project cost, which will be spent over the next three years of construction, will come from equity to be infused by ACR and Toyota Tsusho on a 75:25 basis, Luis R. Ymson, Jr., ACR chief financial officer, had said earlier. The rest would be through bank financing. In December last year, Sarangani Energy announced it had obtained a P9.3-billion syndicated loan to finance the first phase of the project.

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Mitsubishi aims to surpass pre-Asian crisis sales record this year

Demand for the Mirage has outpaced supply, according to MMPC.

THE Philippine unit of Japanese carmaker Mitsubishi aims to surpass its pre-Asian crisis sales record this year. For this year, Mitsubishi Motors Philippines Corp (MMPC) aims to sell “not less than 40,000” vehicles, its executive vice president for marketing Taizo Furuhashi said in a speech during the company’s 50th anniversary celebration on Monday night. MMPC executives said the company is poised to exceed the previous sales record of 36,533 units posted in 1996—before the Asian financial crisis struck and slowed domestic auto sales. Last year, MMPC grew its sales 7.1 percent to 34,915 from the 2011 tally of 32,603 mainly on the strong orders for the allnew Mirage model, which was launched in the country last November.

In the first month of 2013, MMPC sold 2,850 vehicles, up 23.3 percent year-on-year. The company aims to hit the 50,000-unit sales mark in 2015 as it adds new models to its fast-growing passenger car lineup. MMPC president Hikosaburo Shibata told reporters that while the Philippines was traditionally a bigger market for larger commercial vehicles given Filipinos’ close family ties, smaller cars such as the Mirage are fast-becoming the “it” vehicle for young people. “For the younger generation, it is more affordable to buy a car like Mirage,” Shibata said, adding that the greater appeal of small cars to the young is now a global trend. Shibata said the company has “overachieved” sales of the

Mirage, as MMPC delivers 700800 units a month, more than the 500-unit monthly sales target. “We have short supply of Mirage now. The demand has increased… Some customers are waiting long [for their orders],” he said. MMPC will launch “some more” new passenger car models this year to sustain the gains being made in the segment so far, Shibata said, without disclosing details. Another model, the Lancer EX, is being assembled at MMPC’s Cainta, Rizal facility. At present, MMPC sells the locally assembled models Adventure, Lancer EX, L200, L300, and Fuso trucks and buses; Japan-made ASX and Pajero; Taiwan-made Fuzion; and Thailand-made Mirage, Montero Sport and Strada.

Motorcycle company holds Goodyear posts stronger 2-day Mindanao confab results, but cuts outlook DAVAO City -- The Motortrade Nationwide Corporation, a fast-growing distributor of motorcycles in the country, recently held a two-day Mindanao Business Conference 2013 on Feb. 18-19 at the Grand Regal Hotel here. Severo P. dela Cruz, senior adviser of Motortrade,

said that 250 participants joined the event from the company’s 85 branches all over Mindanao. “Participants mostly compose of store managers, suppliers and officers of Motortrade,” he said. He said the yearly event is a kind of gathering and it is a time for presentation

of plan to set the direction of the company for expansion, strengthening of corporate social responsibility, performance audit, and over-all evaluation. Motortrade has been in existence since 1979 “to help families for easy access of mode of transportation that is motorcycle.”

GOODYEAR Tire & Rubber Co, the top U.S. tire maker, on Tuesday posted a stronger-than-expected quarterly profit, but cut its 2013 forecast due to weakness in the European automotive market. “As a result of our view of continued weakness in the European economy and its effects on the auto and tire

industries, we are reducing our 2013 segment operating income expectation and are taking actions to ensure long-term competitiveness in the region,” Chief Executive Richard Kramer said in a statement. The company broke even on fourth-quarter results available to common shareholders, compared with a

profit of $18 million, or 7 cents a share, in the year earlier period. Sales in the quarter fell 11 percent to $5.05 billion. Goodyear said it now expects 2013 segment operating income of $1.4 billion to $1.5 billion, below the $1.6 billion it had previously forecast. It blamed the weakness in Europe for the reduced outlook.

WE WOULD LIKE TO THANK OUR GENEROUS SPONSORS: Major Sponsors: NISSAN – UNIVERSAL MOTORS CORPORATION STRONGHOLD INSURANCE PIONEER INSURANCE MAAA CONG. PETER UNABIA MAX SENO Minor Sponsors: WEFIX CONSTRUCTION CASA ISABELLA KINGSTON LODGE VERTICAL HOME BUILDERS ENTERPRISES MOCHA TRUCKING – TLM TThs GOLF GROUP FIDEL MACAUYAG KIM IN SU ENTERPRISE HOSANNA ACADEMY

Minor Sponsors: PUERTO COMMUNITY HOSPITAL PDG TINNEX AND LADY DIVIN JARAULA SUVISCO INDUSTRIES INC. BARANGAY NAZARETH BENJIE CALO GALAM MUSIC LOUNGE ED GULLE WMC COLD STORAGE OROPORT CARGO HANDLING SERVICE INC. FIRST GUSA CALTEX SHABU-WAY HOT POT CUISINE FOURS AGRITRADE INC. STERLING SAVINGS BANK CONG. MAXIE RODRIGUEZ PACEMAN MULTI PURPOSE COOP DBP NORTHERN MINDANAO

Minor Sponsors: DBP NORTHEASTERN MINDANAO KINGS CROSS DEVELOPEMENT CORP. ENGINER PRO MOTORS BOYSEN PACIFIC PAINT DML TRUCKING MAXANDRIA HOTEL / 8’S HIGHTIME UCPB COGON BRANCH DENVI CABRERA CONSOLIDATED BUILDING MAINTENANCE UCPB VELEZ BRANCH COLGATE PRC/ORORAMA NATURES SPRING VIRGINIA FOODS PELICAN INDUSTRIAL SALES ORORAMA/ LA ILONGA AYALA-ALEGRIA HILLS BLUE ENERGY RESOURCES

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Where your coins, bills are produced Speaking out

IGNACIO BUNYE

Three decades ago, the Philippine government took an important step toward greater self-reliance with the establishment of a facility that would be responsible for the production of Philippine bills and coins. The facility, located on East Avenue in Quezon City, is called the Security Plant Complex (SPC) of the Bangko Sentral ng Pilipinas and is currently headed by Assistant Governor Evelyna Avila. For most of our history, all our country’s coins and banknotes were produced abroad. However, the shortages in coins in the early 1960s prompted the government to seriously consider the idea of producing currency in the country instead of importing all our coins and bills. In 1975, the Security Plant Complex initially operated a printing plant for banknotes. Subsequently, it went into security printing works and the establishment of a gold refinery and mint.

Currently, the SPC prints circulation and commemorative banknotes. It also produces regular and special checks, e-passports, seafarer’s identification and record books, documentary stamps, judicial title forms, and other non-security documents such as bills, bonds, and certificates. SPC produces circulation coins as well as special coins and medals. It purchases the gold produced by small-scale miners and refines them to forms acceptable in the international gold bullion markets. While part of our printed money requirements (and all coin blanks) is still outsourced, local production insures that we are able to maintain a comfortable buffer and contingency supply at all times. We also realize significant forex savings commensurate to the volume locally produced. The amount of money to be printed depends on economic indicators, cash operations data and projected needs of the regional and branch offices of the BSP. Printed money has an average life of one to five years, depending on frequency of use. Expectedly, lower denominated bills have a shorter life span than higher denominated bills. The Security Plant Complex celebrated its 31st anniversary earlier this month. Events such as this provide us bunye/PAGE 8

Making Memories THINK a minute… A father once asked his adult children to tell him their happiest memories from when they were kids. The father expected his kid ’s happiest childhood memories to be the big, special trips like when their family went to Disney World, or some special expensive toy they’d received. But this father was so surprised that those were not the things his children remembered best. Instead it was the very simple, every day things. Like when their dad would get on the f loor and wrestle with his 4 kids. Or when their parents would

sit and tell them stories and jokes in the evening, so they all would laugh together until their sides hurt. Or the times they would sit around and sing songs together, or they all went into town for ice cream cones. They say: “The best things in life are free.” So we don’t need a lot of money to make happy memories for our kids. Even if we buy that latest, expensive toy for our children, sooner or later they go back to simple homemade fun. We just can’t bribe our k ids by buy ing our way out of our responsibility as

their Mom and Dad. Giving our children money, toys, even the best schools and privileges, is never a true substitute for giving them our time. We must spend time with them to satisfy their need to be close to us. That’s what the richest, happiest memories are made of! So even if we work at a job every day, we can still fill many of our evenings and weekends with fun, simple things to do as a family. If you’ve forgotten to have fun with your kids daily, won’t you ask Jesus Christ to forgive you for failing to give your children the time and love they need? Then

Think a minute

JHAN TIAFAU HURST

ask Jesus to take full control of your heart, so you can start changing to become the father or mother your kids need every day. Just think a minute …

Compulsory ‘exit’ to Iran’s Kish Island: Crossroads to success or failure in UAE (Second of a series) A FILIPINO nurse named Erwin went to Dubai, UAE, on tourist visa, but eventually looked for a job there. He applied with a nursing service agency situated in Al Qussais to work for sick persons in the confines of their homes. But, before he could continue working, he had to settle his visa first. The company for which he applied sent him to Kish Island, the nearest country situated in the Persian Gulf, frequently used for the mandatory exit by Filipinos searching for greener pasture in the UAE. But he stayed there so long and the company, which supposedly worked for his visa, did not comply with their promise to get him out of Kish with a work visa. It’s a good thing Erwin has a sister working in Dubai. After a month of stay in Kish (imagine the expenses he incurred for staying that long in that island), she

bought him another visit visa that he used to re-enter UAE. Erwin is just one of the thousands of OFWs who go to Kish for their exit. The government of UAE accounts for more than 600,000 Filipinos legally working in UAE, easily the third largest nationality now in UAE these days. Although Erwin made it through and landed back in Dubai, his ordeal didn’t end there. After a month or so, when the visit visa bought him by his sister expired, he went to Kish again; and again and again and again. His entangle with the nursing service compa ny t hat promised him work visa blew out of proportion. When Erwin finally decided to give up his temporary work with the company and applied with another private entity, the owners – a Syrian and

some locals (Arabs are called locals in UAE) – were very f urious. They asked t he UAE government to apply ban on him and deny work opportunity within UAE for a period of six months. Erwin, a Filipino nurse who wants to give better future to his newly-born and his wife, was devastated. All in all, he made six exits to Kish Island -- staying there for, at least, a month every exit -- before his stay in the UAE normalized. Erwin could have come home to the Philippines when he was banned to work in UAE for six months, but he did not. He preferred to exit to Kish every time his tourist visa expires. He knew that if he was going to come home, he would have lesser chances of going back to UAE. In our shared flat (housing unit) and in the silence of the night, I heard him chuckle. Sometimes, his voice

OFW Odyssey

CHENG ORDOÑEZ

cracked while talking to his wife, who shows him their baby via Skype. He told me then, going home to the Philippines was never his option; and, truly, he stayed there despite the difficulties, until he finally hurdled with all the obstacles to the success that he wants to achieve for his baby and wife. (To be continued) For comments and reaction email cheng.ordonez@ gmail.com.

Political genius or political animal? AS a priest, I of course do not do politics, that is to say, I cannot run for public office, I cannot take partisan positions in public, unless the issues involved are clearly inhuman and unchristian. But I should follow it closely, because politics is part of life and needs to be guided by the proper spirit of Christ. That’s the reason why there is the social doctrine of the Church that also covers politics. While it is the lay faithful who can take active and direct part of it, the clergy should also see to it that the whole political life in all levels of society is done properly. Besides, the clergy is also part of the citizenry, subject to the laws of the land. They are part of the political life, obviously in a way proper to their state. Everyone takes part of politics always in accordance to one’s state and possibilities, the clerics in their own way, the lay also in their own way.

This doctrine of t he Church has to be understood properly. It is that way because the priest’s mission is eminently spiritual and supernatural in nature. It’s a mission that is above but not exempt from the understandable differences and conflicts of temporal affairs such as politics. Thus the priest has to be extremely discerning to do his part in the political life of the country. He is not supposed to take a passive stance in it. He should be disinterested, but not uninterested. At least he has to pray a lot, offer a lot of sacrifices, do a lot of catechizing, etc. He has to be keenly interested in it, but in a specific way. Having said that preamble, I must admit that I enjoy reading political developments here and abroad. There is obviously the chance to get excited with all the twists and turns of the political maneuverings politicians do. But at the end of the day,

I bring these political items to prayer, trying to discern how things ought to go. And I learn a lot from this exercise, since it allows me to read between the lines, to somehow read the minds of people, politicians especially, and to read the signs of the times. While there is a lot of tentativeness in this exercise, it actually gives me a lot of ideas and all sorts of impulses that I need to tame and clarify. As of now, I learn a lot from certain moves of some politicians, both local and international. There are instances when I think the move is stupid, but also many instances when I am convinced the move is brilliant, is a masterstroke. Since politicians are at the forefront of the development of society, they cannot help but be extremely cautious and smart in their actuations – their planning, their speeches, their public appearances, etc.

Hints and traces

FR. ROY CIMAGALA

But they cannot avoid controversies and conflicts. And I must say that I admire how some of them handle these situations well – how they explain their positions, or defend them when attacked, how they have a good sense of timing and of what to say to what kind of audience at a given time. Some of them really have excellent speaking talents, with sharp minds and witty tongues, and very adept both in aggressive and defensive cimagala/PAGE 8

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Villar... from page 1

and 14th Congress, she led the passage of landmark bills upholding the welfare of women, children and families. A mong t he se piece s of legislations were t he Magna Carta of Women, anti-trafficking of women and children, anti-violence against women, protection of children in the workplace, juvenile justice system and the two versions of the Senior Citizens Act (2003 and 2010). As chairperson of the House Committee on Higher & Technical Education in 2004 to 2010 or in the 14th Congress, Villar authored and led the passage of 28 bills promoting access to quality education nationwide. Among these, the University of the Philippines (UP) Charter of 2008 and the Philippine Normal University (PNU) Modernization Act of 2009. She also backed advanced systems of education such as the ladderized approach, distance learning and openuniversity system. “These systems give poor and working students the opportunity to continue their studies until they earn a college diploma,” said Villar. While “Sipag at Tiyaga” (industry and patience) are very important to conquer poverty, “Misis Hanep Buhay” noted that having a college degree is also equally important to succeed in life. “Sipag at Tiyaga” has been the campaign slogan of her husband, Senator Manny Villar whose term ends in 2013. He served as Speaker of the House and Senate President.

Surpass... from page 1

two other growing economies in the country with Central Visayas having 7.9 percent and Central Luzon with 7.5 perecent growth in the same period. Caraga region, located in the northeastern Mindanao is composed of the provinces of Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur, Dinagat Islands, and the six cities of Bayugan, Bislig, Butuan, Cabadbaran, Surigao and Tandag. During the first Mindanao Development Forum (MDF) held in Davao City recently where Balisacan was the guest of honor, he said that among Mindanao’s strong potentials rest in the agri-industry sector, particularly in the export of rubber, pineapple, banana, coffee and organic agriculture products, which command high demand in the global market. In the same forum, Mindanao Development Authority chair Secretary Luwalhati Antonino presented the Mindanao Development Report where she said Mindanao had recorded 94% self sufficiency on staple food with rice domestic output of 66.91 percent, while other staples, which include corn and other root crops posting at 27.13 percent.

Growth rate in the export of coconut-based products was also recorded at 39.11 percent, while bananas registered a growth rate of 42.22 percent. Other agricultural products such as pineapples and tuna marked steady increases at 55.33 percent and 3.46 percent, respectively. Also in 2011, Mindanao’s foreign trade had expanded by 69.5 percent which translated to increased export earnings by 74.48 percent. The US remains as the region’s top export market cornering 33.31 percent of Mindanao’s total exports, followed by China with 17.56 percent; the Netherlands 17.46 percent and Japan 17.23 percent. Balisacan said Mindanao’s resources remain awesome and must be tapped to its maximum. “Mindanao has so much economic potential that could spur higher growth for our country and contribute immensely in the attainment of the inclusive development agenda,” he said. To achieve this, Mindanao must identify new players in the region in order to increase and spread growth more equitably. He stressed that President Aquino is determined to realize his dream of putting the economy right on track and restore its old glory during his term. He mentioned that the national government has initiated market facilitation activities, including market matching to assist agriculture growers in entering in agreements with buyers and in opening more markets for their products such as United States, Japan, China, Hong Kong, Singapore, Malaysia, South Korea, Middle East and the Gulf Region, and parts of the European Union. To reciprocate the national initiative, MinDA organized late last year a business networking forum in Kuala Lumpur, Malaysia, which clinched for Mindanao an estimated investment commitments of P23 billion. As a result, 16 business deals were secured and are expected to be actualized in the next two to three years which will provide more than 89,000 jobs to Mindanawons. The business networking was a side event to the 1st BIMP-EAGA and IMT-GT Consumer Fair in Melaka, Malaysia held from Nov. 30-Dec. 2, 2012. BIMP-EAGA stands for Brunei Darussalam-Indonesia-Malaysia-the Philippines East ASEAN Growth Area, while the IMT-GT stands for Indonesia-Malaysia-Thailand Growth Triangle. The visibly elated Antonino said Mindanao’s capacity is very encouraging. “These developments indicate Mindanao’s encouraging performance,” she said, adding that the Board of Investments (BOI)-approved businesses in Mindanao posted a 719 percent increase in 2011. The on-going peace process between the government

and the Moro rebels also contributed to this growth. Antonino said the signing of the Framework Agreement on the Bangsamoro (FAB) last year opened opportunity for the Bangsamoro area to effectively respond to the socio-economic prospects that abound in both domestic and international markets, and with the BIMP-EAGA as the integration platform. “With the improvements in the peace and order situation and the stability that comes with it, we must take advantage of the situation to get these economic activities going in Mindanao,” Antonino added. The first MDF, which gathered more than 300 Mindanao key stakeholders and representatives from national agencies and local government units, Official Development Assistance (ODA) agencies, diplomatic, and international communities, academe, the civil society groups, and private and the business sector served as a venue to provide platform for dialogue and discourse on Mindanao’s development agenda. (PNA)

Oppose... from page 1

The Civil Aviation Authority of the Philippines (CAAP) charged with the operations of the country’s domestic airports said in a letter dated December 12, 2012 Laguindingan airport would be operated using Visual Flight Rules (VFR) pending the commissioning of air navigation equipment scheduled for completion by March 2014. If the April 30, 2013 opening pushes through as scheduled, CAAP Director General William K. Hotchkiss III said domestic airline flights will only be permitted up to 3:00PM which would result in up to 69 percent drops in passenger and cargo volume, said Marlon G. Libot, president of the Communications Link for Emergency Assistance Network, Inc. (CLEAN) said in a Feb. 15, 2013 presentation to the stakeholders. “It is not only air and navigational safety that will limit the use of Laguindingan but the notable lack of road and transport infrastructure especially for passengers coming from Cagayan de Oro, Bukidnon, Misamis Oriental and other provinces,” noted former Oro Chamber President Elpidio M. Paras. “Our vital road artery to the west from Bulua is hampered by a narrow corridor cluttered with roadside markets, illegal vendors, tricycles and other not-so-roadworthy contraptions, parked container vans and large vehicles.” Paras said the coastal highway being built to relieve traffic congestion from the city proper of Cagayan de Oro in the east to the west crossing over the Iponan River and exiting at Opol is not expected to be finished in another year’s time due to budget constraints. “Without a faster way to bring people to Laguindingan

the advantage of Cagayan de Oro and its environs to the larger markets of Luzon and the Visayas will be negated. What is the use of jet travel from Laguindingan to NAIA which only takes 75 minutes when it takes someone from the opportunity rich provinces of Misamis Oriental and Bukidnon at least 3-4 hours to get to the new location?” he said. “The idea of developing Cagayan de Oro into the logistics hub of Mindanao will be a foregone conclusion if a premature opening of Laguindingan will just cause tons of lost opportunity.” Cagayan de Oro’s Lumbia Airport has a total area of 150 hectares and is located 183 meters (601 ft.) above sea level. It is the second busiest airport in Mindanao in terms of air passenger traffic and cargo volume. It is classified as a Class 1 Principal (Major Domestic) airport by the Civil Aviation Authority of the Philippines (CAAP) and has a 2,454 meter (8,050 ft.) asphalt runway. CAAP -10 figures show it accommodated 12,590 flights; 1,301,502 passengers and 22,244,562 kgs. of cargo in 2011. Among the latter were high value agricultural commodities such as poultry products (day-old chicks, hatching eggs); vegetables, herbs a nd spices; f resh fruits; live crabs, shrimps and prawns, cut flowers and ornamentals, data from the DA R FU-10 AMAD and BFAR-10 show. The DOTC wants to open Laguindingan to free up the Lumbia Airport for the transfer of the Philippine Air Force’s 15th Strike Wing now based in Sangley Point, Cavite. General aviation now based in the Ninoy Aquino International Airport (NAIA) would next be moved to Sangley Point to ease congestion at the country’s premier airport by freeing up 44 hectares of NAIA now occupied by air charter, air cargo, aviation training, aircraft maintenance, and corporate flight operations. The Aquino administration wants to decongest the NAIA which has been experiencing heavy aviation traffic due to the boom in the domestic airline industry brought by the democratization of air travel by budget airlines. Already, fish runs (f lights by piston powered aircraft which transport marine products from the provinces to export markets) have been moved to Sangley since May.

Globe... from page 1

for the set migration to updated equipment down the line, the building of the new street-side cabinets and integration to the new switching system and finally ends with the linking of its subscribers by discarding the old equipment with the new ones. “This will make our network more resilient while providing additional capacity to our subscribers. It also reduces our operating

expenses after completion; power consumption and space requirements will also be minimized,” Tan said. He also said the undertaking “gives our customers improved network performance and a more reliable service. In terms of accessibility, it would also be easier for them to get broadband service with the new system in place.” Earlier in 2010, areas in cities of Makati, Mandaluyong, Pasig and Marikina have been modernized, as part of first phase of this transformation program. Provinces which are now experiencing better landline and wired internet services are Aklan, Iloilo, Roxas, Antique, Biliran, Siquijor, Guimaras, Lanao del Norte and the islands of Negros, Leyte and Samar. According to Globe’s network technical group, subscribers from the cited areas have been transferred to the modernized infrastructure. Other areas that will be upgraded this year include Cavite, Batangas, Cebu and Bohol.

Block...

from page 12 that is not rushed, but a bill that takes into consideration the experts that are needed to make a very comprehensive land-use plan for our country,” added Paul H. Tanchi, SHDA president. They also found f laws in their provisions, which could have a negative impact on the economic upsurge of the Philippines. One of these is the creation of the National Land Use Policy Council under the House version of the bill or the National Land Use Commission under the House draft, which not only limits the representation of the private sector but also sets aside the powers of the local government units over the proper planning and management of its land use conferred upon it by the Local Government Code. Another feared effect of the NLUA/NLUMA is the definition of all agricultural lands as protected areas, leaving nothing of the land pie for other uses, such as settlements, infrastructure, tourism, real-estate development and other non-agricultural developments. “The property sector has never been against the allocation of the best and most productive lands for agricultural purposes to provide food security for our people,” said Charlie A. V. Gorayeb, national president of Creba. “However, modern times dictate that mere allocation of land is not enough. We need to apply modern technology in food production, which we lack.” Once the two similar bills will be passed into law in their present forms, moratorium on conversion of agricultural lands shall follow. “The land that will be mostly affected by this will be those in the countryside because the urban areas, of course, are not subjected to conversion,” said NREA President Benigno T. Cabrieto Jr. “So, what will happen is that the development in the countryside will be gravely affected. It will slow down. There will be more urban migration.”

While these bills would result in a Policy Framework Law, they also contain special penal provisions, which actually violate the Bill of Rights. “If these [and some other administrative provisions] will not be amended, I could say clearly that these will terribly affect the economic boom that we now have or we claimed to have under the administration of President Aquino,” said Valencia.

Rice...

from page 2 million in the retail market, the statement said. Earlier, Lim and newlyinstalled Port District Collector for Northern Mindanao Lourdes Mangaoang intercepted 10 twenty-footer container vans loaded with 5,000 bags of Vietnam rice consigned to a Luzon-based farmers cooperative also at the Tagoloan port. “ T he pat tern t hat has emerged is that Luzon-based farmers cooperatives which have no permit from the NFA prefer Cagayan de Oro as unloading point for its illegal importation,” said Lim after Mangaoang managed to intercept two unauthorized importations at the MICP in Tagoloan town. For her part, Mangaoang said: “The string of setbacks against illegal rice importations should serve as stern warning to importers that the Cagayan de Oro Collection District is now off-limits to smugglers.” On one hand, Lim suspects the series of smuggling using the port of Tagoloan are the handiwork of syndicates that abuse and misuse the tax-free importation privileges of farmers’ cooperatives to bring in foreign-grown rice bought at subsidized prices to the detriment of both local farmers and tghe government. Likewise, Lim promised to provide unconditional support to Mangaoang’s effort to make Cagayan de Oro a hostile territory to smugglers. Mangaoang, who took her post as port collector for Northern Mindanao in January this year, vowed to protect local farmers from illegal importations. She said she will not allow local producers of veggies and rice to suf fer merely because of smuggling.

Samal... from page 2

support of barangay officials and land owners to cooperate in the granting of Road Right of Way (RROW) in order to hasten the implementation of the project. Among the ongoing regular infrastructure projects in the island included the improvement/concreting of the circumferential road located in Babak district to Barangay Tamboang which amounts to P100-million and is about 70% complete. Another road concreting project will link Babak to Barangay Caliclic and is estimated to cost P125- million. Another ongoing road project is the concreting of the road junction at Babak Circumerential Road to Barangay Tambo with an allocation of P45-million.

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expands service Local banana growers seeking NIA areas to support aim better price in foreign market for rice sufficiency goal DAVAO City -- The Federation of Cooperative in Mindanao (FEDCO) have opted to meet their prospective foreign buyers in their respective places just to get a good market price for their exportable bananas. FEDCO chief executive officer Ireneo Dalayon said him and other officials will be going to Japan to talk to about five prospective buyers saying that talking directly with potential buyers is a way of getting best results in terms of market price. This would also mean huge expenses for the banana growers, Dalayon said although he added their trip is in time for the Food Expo. “We will be in Japan on March 4 to 5 to do some marketing. You can get a higher price if you go directly to your

potential buyers,” Dalayon said. FEDCO, which has about 3,000 members, is producing 7,000 boxes of exportable bananas per week at US$ 12 CNF (cost and freight) per box. Aside from Japan, FEDCO

is targeting buyers from the Middle East, which Dalayon described as among the new market for the Philippine bananas. Dalayon said banana growers have to spend a lot like traveling in order get higher price for their bananas,

otherwise it will end up only in the local markets at very low price. Marketing is among the many problems confronting the banana industry. Other problems include the Panama disease and funding, Dalayon said. Panama disease is a plant disease attacking the roots of the banana plants. It has no cure and can not be controlled by fungicide. Dalayon said banana growers will be discussing with the Departments of Trade and Industry (DTI) and of Agriculture (DA) in Region 11 (Southern Mindanao) on the marketing of bananas with the onset of the peak months of February, March and May. “We have to rationalize the marketing,” he said.(PNA)

Agriculture dept to spearhead Year of Rice Info Car caravan

TO ultimately attain the country’s goal of rice selfsufficiency, the Regional Agriculture and Fisheries Information Division (RAFID) in coordination with the Agri-Pinoy Rice Program of the Department

Cimagala... from page 6

tactics. Obviously, there are some who truly are political geniuses. But there sadly are others who can only elicit the judgment, tentative at best, of being political animals bereft of conscience. Political developments are actually good learning moments. They should not

of Agriculture – Regional Field Office 10 (DA-10) will spearhead a regionwide Information Caravan on the 2013 National Year of Rice (NYR) from February 2628 and March 7, 2013, in the provinces of Bukidnon,

Lanao del Norte, Misamis Occidental and Camiguin, respectively. Wherein, an overall of 2,000 participants are expected to join the event. Bearing the theme “Sapat na Bigas, Kaya ng Pinas”, it is a social marketing and

advocacy campaign which seeks to attain the threefold goal of achieving rice self-sufficiency in the country, promoting better health among rice consumers, and improving the productivity caravan/PAGE 10

be wasted by tackling it superficially as in simply giving knee-jerk reactions that tend to exaggerate or oversimplify things and are prone to make negative responses more than positive. In short, politic discussions and analyses should go beyond the level of the barbers. Let’s pray that our political columnists really do their part well, giving well-

thought-out opinions and commentaries that should always be characterized by charity and fairness. Sad to say, there are instances when some of these commentators are just out and out unfair, painting their enemy-politicians as the devil incarnate while putting their friend-politicians on a pedestal as if these are incapable of sinning. That’s

really over the top or way under the bottom. We have to learn to hold our horses when reacting to political issues. Let’s study them first, weigh things disinterestedly. Better, bring them to our prayer and ask God for light. We need to learn to relate political developments and issues to God and to the common good.

THE National Irrigation Administration (NIA) will expand its service areas, particularly to several locations in Mindanao, in support of the government’s goal of achieving self-sufficiency in rice this year. According to NIA Administrator Antonio Nangel, 150,000 hectares of new irrigation areas will be added to the coverage—40,000 new hectares nationwide by June and the balance in the second half of the year. The new service areas will bring the NIA’s total coverage area to around 1.8 million hectares. “We are confident that we can attain the target areas needed for rice selfsufficiency. We will see to it that we will be able to

attain our target by June,” said Nangel. The 110,000 hectares of new service areas in the second half of the year will serve as a buffer in the event of natural disasters and weather events that could affect rice production, he added. The government has set 20.4 million metric tons as its rice production target for the year. The NIA is also awaiting the release of the P1.2-billion budget it is asking from the government for the repair of facilities damaged by Typhoon Pablo last December. While it is waiting for the funds, said Nangel, the agency will initially use P500 million from its quick response fund for repair expenses.

Bunye...

that has become such an important part of our economy and our daily lives. Note: You may email us at totingbunye2000@gmail. com.

from page 6

us with a welcome opportunity to look back at the beginnings of an institution

Farmers... from page 2

Rice Production and Marketing had been favorably considered. The ARBOs will serve as conduits of the ARCCESS program to encourage other agrarian reform beneficiaries to become ARBO members. ARCCESS is a package of intervention designed by the national government to develop and expand the farmer’s livelihood through training and acquisition of proper technology in managing a viable business undertaking. For this year, another two agrarian reform benefi-

ciary organizations will each receive P3 million funding support from ARCCESS, namely, the Avanceña Beneficiary Farmers Multi-Purpose Cooperative of Sanghan Agrarian Reform Community in Barangay Sanghan, Cabadbaran City, and the Palmavera Small Coconut Farmer Beneficiaries Cooperative of Mapcola Agrarian Reform Community in Las Nieves, Agusan del Norte. The two organizations’ approved project proposals are Rice Trading and Pre and Post Harvest Facilities, and Palay Trading and Post Harvest Facilities, respectively.

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

Republic of the Philippines Province of Zamboanga del Sur Municipality of Tukuran Office of the Local Civil Registrar

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

OFFICE OF THE REGIONAL TRIAL COURT SHERIFF

NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2012-113

NOTICE FOR PUBLICATION

NOTICE OF EXTRA JUDICIAL SALE File No. 2013-039

“Upon extrajudicial petition for sale under Act No. 3135 as amended by Act. No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) against BERNARDO D. BARROS, JR. married to LIEZL V. BARROS to satisfy the mortgage indebtedness which as of March 16, 2012 amounts to SEVEN HUNDRED FIFTY SEVEN THOUSAND EIGHT HUNDRED THIRTY THREE PESOS AND 04/100 (PHP 757,833.04), including interests and penalty, charges, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on March 14, 2013 at 10:00 A.M. to 4:00 P.M. AT THE REGIONAL TRIAL COURT, OFFICE OF THE CLERK OF COURT, HALL OF JUSTICE, Hayes-Mortola Streets, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit:

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HDMF (Pag-IBIG) Cagayan de Oro Branch as mortgagee, against JANETH S. LANGGAMON, married to ARTHUR M. LANGGAMON, as mortgagor, of Lot 21, Blk 11, Westfield Homes Subd., Iponan, Cagayan de Oro City, which as of October 23, 2012, amounts to FIVE HUNDRED TEN THOUSAND EIGHT HUNDRED FIFTY THREE PESOS & 78/100 (PHP 510,853.78) inclusive of interest and penalty charges, attorney’s fees and expenses foreclosure, the undersigned will sell at public auction on April 4, 2013, at 10:00 a.m. to 4:00 p.m. at the Office of the Clerk of Court, Regional Trial Court, Room 110, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property described below with all the improvements found thereon, described as follows:

TCT NO. T – 180439

A PARCEL OF RESIDENTIAL LAND (Lot 21, Blk 11. Psd 10-048674, being a portion of 4176-B, Psd 10-000299 (OLT). Located at Iponan, Cagayan de Oro City, island of Mindanao, with an area of Eighty (80) sq. m., more or less.

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

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

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.

Cagayan de Oro City, February 7, 2013.

(SGD) AL PONCIANO R. DATU Sheriff IV BWM: Feb. 13, 20 & 27, 2013

(Sgd) GINALYN D. ACUÑA City/Municipality Civil Registrar

BWM Feb. 13 & 20, 2013

TCT No. T-204152

A PARCEL OF LAND (Lot 23, Block 19, Psd-104305-017450 being a portion of Lot 3017-B, Psd-10-000818) situated in the Barrio of Carmen & Pagatpat, City of Cagayan de Oro, Island of Mindanao and containing an area One Hundred Twenty Five (125) Square Meters more or less and registered in the name of Bernardo D. Barros, Jr.

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

In compliance with section 7 of R.A. 10172, a notice is hereby served to the public that DINDEE CAMPO LOPEZ has filed with this office a petition for correction of clerical error particularly in his gender from MALE to FEMALE in the certificate of live birth of DINDEE CAMPO LOPEZ who was born on June 8, 1977 at Tukuran Zamboanga del Sur in whose parents are NICANOR LOPEZ and FELOMINA CAMPO. Any person adversely affected by said petition may file his written opposition with this office not later than February 22, 2013

Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be.

Done this 7th day of February 2013, in the City of Cagayan de Oro.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

(SGD) ENRIQUE M. TALAG, JR. Sheriff IV

BWM: February 13, 20 & 27, 2013

CAGAYAN DE ORO Main Branch P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN Branch B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES Branch Corrales Ave., Cagayan de Oro City DIVISORIA Branch Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN Branch Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a

M I N DA N A O

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Classified Ads

for R

ENT

088-855-1945 0918-979-3130 0922-865-9063

Wednesday-Tuesday I-Feb. 20-21, 2013

FOR RENT

CASA AZZURRI OFFICE SPACE (2nd Floor) Contact Nos.:

857 3995 / 09177009435 A. Velez St. Fronting Eastwest Bank Velez MDN: DEC. 17, 2012-JAN. 17, 2013

ADDRESS: 003 Guijo Street Baloy Cagayan de Oro City MDN: Aug 17, 2012-Feb 17, 2013

EMAIL ADDRESS: andy_jabao@yahoo.com

KIMBERLITE PAWNSHOP KIMBERLITE PAWNSHOP

Kimberlite Pawnshop will be having its monthly AUCTION SALE with corresponding expiry dates. All items will be sold to public auction at KIMBERLITE PAWNSHOP on the following dates and venues.

MALAYBALAY BRANCH EXPIRY DATE

ADDRESS

TAGUM MAIN

AUCTION MONTH 2012

TAGUM

BRANCH 1

BRANCH 2

MALAYBALAY

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AUCTION DATE: febrUARY 21, 2013 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon

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Wednesday-Thursday I Feb. 20-21, 2013

Congress • Watch

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Belmonte, Rodriguez back PH case vs China THE House of Representatives is throwing its full support behind the move of the Aquino administration to elevate the country’s dispute with China over Panatag Shoal to the International Tribunal on the Law of the Sea (ITLOS). Speaker Feliciano Belmonte said he and other House leaders would jointly author and approve a bill formalizing the chamber’s support for the government’s move to question China’s claim over Philippine-held territories, particularly Panatag Shoal off Zambales. “We fully support the move of the government on this,” he said, adding that the Senate is expected to approve a similar measure. Last month, the Philippines announced that it was asking a United Nations tribunal to order a halt to China’s incursions in the West Philippine Sea. China’s claims over islands, reefs and atolls in resource-rich waters off its south coast and to

rodriguez

the east of mainland Southeast Asia set it not only against the Philippines but also Vietnam, Brunei, Taiwan and Malaysia. Cagayan de Oro Rep. Rufus Rodriguez, president of the Centrist Democratic Party (CDP), said he would file a joint resolution expressing support for the Philippine case. “We have a very strong case and China’s claim has no basis in international law,” Rodriguez said in a telephone interview. He said the government’s move wou ld help prevent armed conf lict in the region. House Minority Leader and Quezon Rep. Danilo Suarez said the opposition bloc also fully supported the administration’s move.

“We in the minority fully support the decision of the administration in bringing our territorial dispute with China to the United Nations Convention on the Law of the Sea Arbitral Tribunal,” Suarez said in a statement. “As we have stated many times, we are a constructive minority. When it comes to our sovereignty, we will always side with our President and his decisions,” he said. Vice President Jejomar Binay and the United Nationalist Alliance also voiced support for the government’s move. Binay chairs UNA. “The filing of the case before the UN tribunal is an expression of our desire to resolve the dispute with China within the framework of international law,” Binay said. “President Aquino is committed to protect our sovereignty and is likewise committed to resolving the dispute with China in a peaceful manner,” he said, adding that he hopes China would recognize what-

ever decision is made by the international court. “President Aquino has consistently defended our sovereignty against provocative moves by China,” UNA secretary general Toby Tiangco said. ‘Illegal occupation’ But China said the Philippines’ move would only complicate the issue, and denounced Filipinos’ “illegal occupation” of Panatag Shoal. “China has consistently opposed the Philippines’ illegal occupation,” Chinese Foreign Ministry spokesman Hong Lei told a daily news briefing. “We hope that the relevant country honors its promises, and ... does not take any action to complicate or expand the problem,” he said. He reiterated that China supports talks, but only on a bilateral basis, with the countries directly involved. For Malacañang, bringing the issue to ITLOS should not ruin the country’s relations with China, its third biggest trading partner. “We have an active engagement with China in other mat-

ters, in other fields, and so we abstract this issue of the West Philippine Sea from our RP (Republic of the Philippines)China relations as whole and we believe that we can continue to move forward in our peopleto-people engagement, in our trade relations with China,” presidential spokesman Edwin Lacierda said in a press briefing. “This matter has been given over to the international tribunal and we’ll let the international tribunal decide on this matter. This is not the crux of our RP-China relations and certainly we do not intend and China itself does not intend to view the RP-China relations as the West Philippine Sea (being) our only issue,” Lacierda said. He said that even new Chinese leader Xi Jinping agreed with visiting Interior and Local Government Secretary Manuel Roxas II that the issue “is not the end-all and be-all of China-RP relations.” “We’ve already filed it so let’s… Magkita na lang tayo sa (Let’s just see each other in

the) international tribunal,” Lacierda said, referring to Chinese embassy spokesperson Hua Zhang’s statement that the territorial disputes should be settled through bilateral negotiations and not through international arbitration. While ITLOS ruling is binding, it has no power to enforce it. Lacierda said the Office of the Solicitor General would handle details of the case. “We filed it. They (UN) are bound to accept it and a case will be presented,” Lacierda said. “There would be a presentation of claims and China will be asked to respond,” Lacierda said. Lacierda also noted UN Secretary General Ban KiMoon’s declaration that “it is important for those countries in the region to resolve all these issues through dialogue in a peaceful way” and that the UN is ready to provide technical and professional assistance. “But primarily all these issues should be resolved by the parties concerned,” Lacierda said.

A RESOLUTION was filed in the House of Representatives seeking a congressional inquiry into the decision of the Clark Development Corp. to freeze its collective bargaining agreement with the Association of CDC Supervisory Personnel. In House Resolut ion

2989, Cagayan De Oro Rep. Rufus Rodriguez urged the House Committee on Bases Conversion to conduct an inquiry into the controversy. Rodriguez’s resolution noted that the CDC froze t he CBA a f ter t he Governance Commission for

G ove r n me nt- ow ne d or control led cor porations (GCG) informed the base conversion body that “CBAs bet ween employees a nd GOCC employers may no longer be negotiated ” in light of Executive Order No. 7 and the GOCC Governance Act of 2011, or Republic Act No. 10149. The ACSP, Rodriguez said, has demanded that the CDC honor the CBA, worth P6 million, that was

signed last March 2012. The CDC is a GOCC t a sked to est abl ish t he Cla rk Freepor t Zone as the premier logistics, light industry, and service center in Southeast Asia, HR 2989 stated. As a GOCC , it sa id, it became subject to the jurisdiction of RA 10149 a nd t he GCG when t he law was enacted last June 6, 2011. As a result of the enactment of R A 10149,

questions have arisen as to which body should govern the labor situation in CDC. Rodriguez noted that CGC chairman Cesar Villanueva stated in a letter to CDC chairman Eduardo Oban that “being no longer a subject for negotiation, such CBAs are furthermore taken out of the jurisdiction of arbitration proceedings and hence effectively are no longer a proper subject in such proceedings.”

Caravan...

ficially declared by President Benigno S. Aquino, III under Proclamation No. 494, signed on October 18, 2012. Complement to this, there will be an open discussion that will take course between farmers

and the DA featuring topics such as Rice Varieties for Adverse Conditions, Community Seed Banking and Various Farm Machineries and Equipment assisted by the region. The department’s attached agencies will also be joining, including the National Food Authority, National Irrigation Administration, Philippine Rice Research Institute and the Philippine Crop Insurance Corporation who will likewise tackle on additional production support, post-harvest and farm mechanization assistance, market development services and insurance coverage. With the NYR affair at hand, the DA-10 anticipates to enlist more agricultural stakeholders, including farmproducers, general public and policymakers to have higher regard and increased productivity among rice farmers as well as healthier rice consumers. Along this line, the department also counts on the reduction of rice wastage and importations in finally realizing rice self-sufficiency by the year 2013 closes. Last year, Northern Mindanao produced 637,347 million metric tons of palay. This is 4.31% higher compared to 2011’s rice production, also registering a 74% sufficiency level. (Joanne L. Olson, DA10)

Rufus seeks probe on Clark dispute over union deal

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City SHERIFF’S NOTICE OF SALE EJF File no. 2013-034 Upon Extra-Judicial Petition for Sale under Act 3135 as amended, filed by BPI FAMILY SAVINGS BANK, INC., with principal place of business at BPI Family Bank Center, Paseo de Roxas corner De la Rosa Streets, Makati City and with branch office located at BPI Bldg., C.M. Recto Avenue, Lapasan, Cagayan de Oro City, against SPS. JOHN W. STANISZEWSKI & EVANGELINE A. STANISZEWSKI with residence and postal address at Purok 2-B, Pines Village, Poblacion, Linamon, Lanao del Norte, to satisfy the mortgage indebtedness which as of January 15, 2013 amounts to ONE MILLION SEVEN HUNDRED NINETY TWO THOUSAND THREE HUNDRED FIFTY ONE PESOS & 42/100 (P1,792.351.42) Philippine Currency, as mortgagor’s outstanding principal obligation, interest, late payment charges and insurances, plus other interest and charges thereon from January 15, 2013 to the date of foreclosure, 25% of the total amount due as attorney’s fees, 15% of the total amount due as liquidated damages and other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff-in-charge will SELL at Public Auction on MARCH 4, 2013 at 10:00 o’clock in the morning or soon thereafter, at the court room of RTC, Branch 39, 2nd Floor, Hall of Justice Bldg., Arch. S. Hayes Street, Cagayan de Oro City, to the Highest Bidder, for CASH and in Philippine Currency, the real property mortgaged together with all existing and future improvements thereon, as follows:

from page 8

and income of rice farmers. Included in the activity will be a briefing on the 2013 NYR of Rice, which was of-

TRANSFER CERTIFICATE OF TITLE NO. 137-2012007936 REGISTERED IN THE NAME OF MRS. EVANGELINE A. STANISZEWSKI “A PARCEL OF LAND (Lot 7, Block 4, PSD-10-056458, being a portion of Lot 1332-B4-B-5-E, PSD-10-052259). Situated in the Barrio of Kauswagan, City of Cagayan de Oro, Island of Mindanao. Bounded on x x x; Beginning at x x x; containing an area of Fifty Five (55) Square Meters, more or less.” Prospective buyers/bidders may investigate for themselves the title herein abovedescribed and encumbrances thereon, if any there be. In case March 4, 2013 will be declared holiday or non working day, the public Auction Sale shall automatically be held on the next working day without further notice, publication and posting. Cagayan de Oro City, February 1, 2013. FOR THE EX OFFICIO PROVINCIAL SHERIFF By: (SGD) JOSEPH C. MAAGAD Sheriff IV BWM: February 6, 13 & 20, 2013

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Wednesday-Thursday I Feb. 20-21, 2013

DSWD, CdO media tours MisOcc Texts and photos by Shaun Alejandrae Yap Uy

MEMBERS of the Cagayan de Oro media join the Department of Social Welfare and Development in Misamis Occidental to take a look and tell the stories of the agency’s programs, February 6-8. The convoy kicked off from Cagayan de Oro early in the morning of February 6 and stopped over for breakfast at a roadside eatery with a picturesque view of the sea side in Lugait, Misamis Oriental. A couple of hours more, we arrived at Ozamiz City via MUKAS where we had lunch as Oliver Inodeo of the Social Marketing Department of DSWD Field Office 10 gave us an

overview of the three-day trip. We also got additional reinforcement with the collaboration of media personalities from Ozamiz City, who joins us for the tour. The team then headed to Oroquieta City, where we hold our base camp. Settled and rested, the team is ready to embark on the journey, our mission: engage and listen to the stories of the people.

First Stop, the Municipality of Calamba, where an exhibition for the DSWD Sustainable Livelihood Program takes place. Women benef iciaries introduce us to the different products from different barangays in the area. The most that caught my attention is the exquisitely crafted Lampirong (equivalent of the Capiz shells) shell wind chimes; I bought one – for only 120 pesos – what a bargain, in my own opinion. What caught my teammates’ palate were the shells. Then, we are head-

Pantawid Pamilyang Pilipino Program children beneficiaries of Barangay Siloy, Municipality of Calamba, Misamis Occidental. Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro city NOTICE OF EXTRA-JUDICIAL SALE File No. 2013-036 Upon extra-judicial petition for sale under Act 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, Mortgagee, against MARISSA O. SINADJAN married to DANILO A. SINADJAN, Mortgagors, with postal address at #030 Centro Kolambog, Lapasan, Cagayan de Oro City, to satisfy the mortgage indebtedness of FIVE HUNDRED THIRTY FIVE THOUSAND SIX HUNDRED FIFTY SEVEN PESOS and 88/100 (Php 535,657.88), inclusive of interest and penalty charges as of October 17, 2012, plus expenses of foreclosure, the undersigned Sheriff will sell at public auction on March 8, 2013, at 9:00 a.m. to 4:00 p.m., at the Regional Trial Court, Branch 18, Room 117, Hall of Justice, Hayes St., Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following properties described below including all existing improvements found thereon, to wit: TCT No. T-192130 A PARCEL OF LAND (Lot 1, Block 11, Psd-10-042689, being a portion of Lot 1, Block 37, Psd-10-039732), situated in Canitoan, Cagayan de Oro City, Island of Mindanao, including all improvements found thereon, containing an area of FIFTY FOUR (54) SQUARE METERS, more or less. TCT No. T-192131 A PARCEL OF LAND (Lot 3, Block 11, Psd-10-042689, being a portion of Lot 1, Block-37, Psd-10-039732), situated in Canitoan, Cagayan de Oro City, Island of Mindanao, including all improvements found thereon, containing an area of FIFTY FOUR (54) SQUARE METERS, more or less. 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 abovedescribed and encumbrances thereon, if any there be. Cagayan de Oro City, February 8. 2013.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

(SGD) NIZA P. TACANDONG Sheriff IV

BWM: Feb. 13, 20 & 27, 2013

Women beneficiaries of DSWD’s Sustainable Livelihood Program (SLP) shows the products made by locals of the Municipality of Calamba, Misamis Occidental.

ed our way as Calamba Mayor Luisito B. Villanueva, Jr. takes us to Barangay Siloy where the beneficiaries of Pantawid Pamilyang Pilipino Program, KALAHI-CIDSS await us in an assembly. There the team listened to the testimonies of the beneficiaries as they gave DSWD their heartfelt gratitude for the programs they implemented in their barangay which is roughly 30 minute drive from the town’s center. A K ALAHI-CIDSS subproject is highlighted in the testimonies, which is a health station in the barangay, according to Peter Anhaw, volunteer, Kalahi-CIDSS project – it is the best project they can think of since their area is far away from the nearest health center and also to maintain, if not better the health conditions of the residents of Siloy. Anhaw is also thankful to have passed the process

set by KALAHI-CIDSS for the implementation of the project with the help of other volunteers and the residents. On the last day, before heading home, we stopped over the beautiful old church of St. John the Baptist Parish in Jimenez. Had a lunch stop at the Misamis Occidental Aquamarine Park (MOAP) and quick stop at Clarin to buy some pasalubong – “sayang,

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN

Republic of the Philippine REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte IN RE: PETITION FOR CORRECTION OF ENTRIES IN THE BIRTH RECORD OF NHORIBEL ECOT GOMEZ FROM FEMALE TO MALE IN THE ENTRY FOR FOR HIS SEX OR GENDER.

SPL. PROC. NO. 21-474

NORITHA ECOT GOMEZ, Petitioner, - versus –

In the Matter of Petition for Issuance of New Owner’s Copy of Original Certificate of Title No. P-13154 in the name of JULIET ALEXANDRA ALCANTRA BEQUILLA, represented herein By her sister KIMBERLY ANN F. ALCANTAR, Petitioner, -

THE LOCAL CIVIL REGISTRAR, LALA, LANAO DEL NORTE Respondent. x-----------------------------------------------//

wa pa naluto ang choco-suman” would have wanted to taste that. A few hours wait in Ozamis port for the barge to MUKAS, exhausting but you can see it is a thriving province with lots of people and livelihood. The experience taught us a lot of things; my own personal learning is that – poverty can be solved through determination, teamwork, and a heart with two helping hands.

MISC. CASE NO. 123

versus -

HON. ALMA CONCEPCION M. PARREÑO, Provincial Prosecutor, In her capacity as Ex-officio Register of Deeds, Mambajao, Camiguin Respondent. x-----------------------------------------------------/

ORDER

A verified petition for Correction of Entry in the Birth Record of Nhoribel Ecot Gomez in the Local Civil Registry of Lala, Lanao del Norte, was filed by petitioner Noritha Ecot Gomez on July 23, 2012, praying this Honorable Court that after notice, publication and hearing, an order shall issue directing the Local Civil Registrar of Lala, Lanao del Norte, to: 1) CANCEL and CORRECT the following: the entry in the SEX of the petitioner’s son from FEMALE to MALE: 2) ISSUE to the petitioner’s son a corrected copy of his birth certificate; and 3) FORWARD a copy of the corrected birth certificate to the National Statistics Office, Manila. Finding the verified petition to be sufficient both in form and substance, the same is hereby set for initial hearing to March 22, 2013 at 8:30 o’clock in the morning. Let this order be published in a newspaper of general circulation in the province of Lanao del Norte once a week for three (3) consecutive weeks at the expense of the petitioner. The Local Civil Registrar of Lala, Lanao del Norte, and any person who has an interest in the petition may file his/her opposition thereto within fifteen (15) days from notice of this petition or from the last day of publication of this order. Further, let this Order be posted for fifteen (15) consecutive days prior to the date of hearing on the bulletin board of the Municipal Hall of Lala, Lanao del Norte; on the bulletin board of barangay Pinuyak, Lala, Lanao del Norte where the petitioner is residing and on the bulletin board of this court. The petitioner is directed to notify this Court of the publication of this order three (3) days before the scheduled hearing date. Furnish copy of this Order to the Solicitor General, Makati City, the Office of the Provincial Prosecutor of Lanao del Norte, the Local Civil Registrar of Lala, Lanao del Norte; Atty. Markson E. Divino, PAO Office, Lanao del Norte and Noritha Ecot Gomez, Lanao del Norte.

Petitioner, who is of legal age, Filipino, single and resident of San Roque, Mahinog, Camiguin, thru counsel, states that her sister Juliet Alexandra Alcantar Bequilla owns a parcel of land at Langcangan, Poblacion, Mahinog, Camiguin, identified as Lot No. 233, covered by Original Certificate of Title No. P-13154, in her name, duly registered in the Office of the Register of Deeds of Camiguin. That the owner’s duplicate copy of the OCT of the aforesaid parcel of land was lost and despite earnest effort to locate it, the same prove futile. The fact of such loss was duly registered in the Office of the Registry of Deeds of Camiguin. That the subject Original Certificate of Title has not been mortgaged, encumbered or sold to any individual or entity nor has been attached or otherwise confiscated by any lawful authority. It is the main thrust of the petition that after hearing the Owner’s Duplicate copy of the Original Certificate of Title which was lost be declared null and void and a new Owner’s Duplicate copy of the Original Certificate of Title No. P-13154 over Lot 233 be issued in lieu thereof under the same terms and conditions as contained in the original on file. The petition being sufficient in form and substance is hereby set for hearing in June 26, 2013 in this Court’s Session Hall, to start at 8:30 o’clock in the morning. Let copy of the petition together with all its annexes and of this Order be furnished The Register of Deeds at Mambajao, Camiguin; The Administrator, Land Registration Authority at Quezon City; and Provincial Prosecutor of Camiguin. The Process Server of this Court is directed to post copies of this Order in the 1.) Bulletin Board – Public Market, Mahinog, Camiguin; 2.) Bulletin Board – Municipal Hall, Mahinog Camiguin; 3.) Bulletin Board – Provincial Capitol, Mambajao, Camiguin; and 4.) Bulletin Board – this Court. Let copy of this Order be published at petitioners’ expense once a week for three consecutive weeks prior to the date of hearing in any newspaper of general circulation in the Province of Camiguin. Any person or entity whose interests might be adversely affected by this proceeding may file written opposition within a reasonable time prior to the date of hearing and appear personally during the hearing to substantiate the same. SO ORDERED. Done at Mambajao, Camiguin, this 4th day of February 2013.

SO ORDERED. January 4, 2013 Kapatagan, Lanao del Norte.

(Sgd. ) ALBERTO P. QUINTO Acting Presiding Judge BWM: Feb. 13, 20 & 27, 2013

(SGD) RUSTICO D. PADERANGA Judge BWM: Feb. 13, 20 & 27, 2013

SM Prime Holdings profit up 16% P10.53-b in 2012 SHOPPING mall giant SM Prime Holdings, Inc. (SM Prime) reported a profit of P10.53 billion in 2012, up by 16 percent from previous year’s P9.1 billion. In a statement to the Philippine Stock Exchange (PSE), SM Prime said it exceeded its 2012 profit growth target for the second straight year. Its total revenues for the year rose by 14 percent to P30.73 billion, while earnings before interest, taxes, depreciation and amortization (EBITDA) increased 12 percent to P20.7 billion. These results include the operations of the five SM Prime’s shopping malls in China, with net income amounting to P1.10 billion in 2012, a 24-percent rise from P0.89 billion in 2011. SM Prime’s better-thanexpected performance was largely due to rentals from new SM Supermalls launched in 2011 and 2012 coupled with a robust same-store rental growth of eight percent, the company said. For full year 2012, SM

Prime’s consolidated rental revenues contributed 84 percent to the total and grew by 14 percent to P25.90 billion. Income from operations also posted a 14-percent growth from P14.62 billion in 2011 to P16.73 billion last year. On the other hand, operating expenses for full year 2012 increased by 14 percent to P13.99 billion, largely due to expenses related to mall expansion. “We are ver y pleased to end 2012 with excellent results. We are confident that the Philippine growth

story, which we saw unfold last year will continue in 2013. In line with this, we will proceed with our aggressive expansion plans and continue to pursue new opportunities for growth,” said SM Prime President Hans T. Sy. This year, SM Prime is set to open SM Aura Premier in Taguig City and SM Cauayan in Isabela. SM Megamall will be expanded with the construction of Building D. By the end of the year, SM Prime will have 48 malls in the Philippines and five in China.

Solon, housing groups block Land-Use bills in Congress REP. Rodolfo G. Valencia, together with housing and real-estate groups advocating for responsible and equitable land-use planning, called for a “more inclusive, more consultative and more comprehensive” national framework for the management and allocation of the country’s resources. This developed when Senate Bill 3091, also known as the National Land Use Act (NLUA), underwent its third reading on February 5 following President Aquino’s certification of its passage in Congress as urgent. “All of us here are in support of a ‘real, honest-togoodness’ National Land Use Act. In fact, we have been trying to push this for so many, many years, but it has got to be a balanced national land use, [and] not an imbalanced

national land use that only favors a segment of our society,” the Oriental Mindoro First District congressman and chairman of the Housing and Urban Development Committee of the House of Representatives said during a press conference held last week in Makati City. Joining him in opposing the immediate passage of SB 3091 were the Chamber of Real Estate and Builders Associations Inc. (Creba), Subdivision and Housing Developers Association Inc. (SHDA), Organization of Socialized Housing Developers of the Philippines Inc. (OSHDP), National Real Estate Association Inc. (NREA), Philippine Association of Real Estate Boards and Philippine Institute of Real Estate Services Practitioners Inc. Just l i ke t he speedy

progress of its counterpart measure House Bill 6545, or the National Land Use and Management Act (NLUMA), which hurdled its third and final reading in the House of Representatives in September 2012, they were alarmed by reports that the proposed NLUA, which has been languishing in Congress for almost two decades, is being fast-tracked even when it has not been submitted to wideranging official consultations with stakeholders. “We are very concerned that the land-use bills now pending in Congress have proceeded without an exhaustive consultation from the very sector that will primarily be affected by it,” said lawyer Ryan T. Tan, president of OSHDP. “We’d like to see a bill that Block/PAGE 7

Century, Asian Carmakers tie up for 2-tower project CENTURY Properties Group Inc has teamed up with the distributor of BMW in the Philippines for a two-tower project in Bonifacio Global City (BGC) this year. In a statement, Century Properties said it will form a joint venture with Asian Carmakers Corp for the 30,000-square meter project. The first tower will offer commercial spaces, while the second would be a hotel. Owned by Jose Alvarez, Asian Carmakers is the lessee of the property bounded

by 3rd and 4th avenues and 27th Street in BGC. The lot is owned by Armed Forces & Police Mutual Benefit Association Inc. “As Century [Properties] is expecting to complete over 4,000 units with 200,000 net saleable square meters of residential condominium units by December 2013, we are seeking to re-invest earnings into recurring income assets,” said the company’s chairman Jose E.B. Antonio. Century Properties was the first builder to finish

and turn over a building in BGC with its residential condominium called Essensa East Forbes. Last year, the company grew its pre-sales by 16.6 percent to P21.4 billion from P18.4 billion in 2011, overshooting its P20-billion target for 2012. In the past 26 years, Century Properties has completed 21 condominium buildings, offering 5,560 units with a total gross floor area of 669,857, and manages 50 properties.