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P15.00Issue No. 62, Volume III • April 2-5, 2012

Iligan water systemILIGAN City -- Engr. Jaime Sato, Planning Division head of the Iligan City Waterworks Systems (ICWS) confirmed that the European Union (EU) offered P10-million worth of funding for the construction of a water source at Barangay Hinaplanon this city. This after the three water sources can no longer be used when it was destroyed by tropi-cal storm Sendong that hit this city last year.

CDO’s resilienceA representative from a hu-manitarian organization here as lauded the people of Cagayan de Oro for their resilience in the aftermath of the devasta-tion wrought by Tropical storm Sendong. Mr. Mariano Naval, a repre-sentative of the Oro Habitat for Humanity and Cluster Coordina-tion Officer of the International Organization for Migration, said the pace at which Cagayan de Oro progressed in the de-velopment and construction of its housing projects for the survivors displaced by tropical storm Sendong is nothing short of a miracle. According to him, based on their organization’s experi-ence in assisting in human emergencies all over the world, what the city has come up with in as little as four (4) months usually takes two (2) years in other places under the same circumstances.

Riyadh hires PinoysDAVAO City -- The government of Riyadh, Saudi Arabia is looking for Filipino applicants to fill up 66 medical positions needed by its Ministry of Health’s Hospital Operation Program in King Saud Medical City. The Philippine Overseas Employment Administration (POEA) announced that the hiring country requires 36 medi-cal secretaries, nine infection control technicians, nine Cen-tral Sterile Supply Department (CSSD) technicians and 12 respiratory technicians. POEA regional center for Mindanao Maria Carolina B. Agdamag said that positions of medical secretary, infection control and CSSD technicians offer a monthly salary of 2,400 Saudi Riyal. For the respiratory techni-cian vacancy, the salary on hand is SR 3,500 per month, Agdamag said.

Market IndicatorsMarket Indicators

US$1 = P42.92 5,107.73 points

FOREX PHISIX

AS OF 5:13 P.M., MAR. 30, 2012 (Friday)

4 cents

22.49points

Briefl yBriefl y

Editorial: 088-856-3344 Advertising: 0917-7121424

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By MIKE BAÑOS, Correspondent

THE National Grid Corporation of the Philip-pines has debunked allegations it is taking away much-needed power from the Min-

danao Grid to replace the 100MW dispatchable reserve of its expired ancillary services contract with Therma Marine, Inc.

reserve both of which we source from the Agus-Pulangi Hydroelectric Com-plex through Napocor/PSALM.” The Grid Code mandates that the system operator (NGCP) in Mindanao maintain reserves of 250MW broken down into regulating reserves (50MW), contingency reserve (100MW) and dispatchable reserve. Ms. Alabanza said both contingency and dispatchable reserves basically address the same issue: to be able to replace the output of the biggest

“The 100MW dispatchable reserve is not being serviced by anyone now,” said Cynthia P. Alabanza, NGCP spokesperson

in a telephone interview. “As of now, NGCP is making do with the mandatory 50MW regulating reserve and 100MW contingency Alabanza

BEAT THE SUMMER HEAT. Children enjoying the blue and clear coastline at a spring resort in Sugbong-cogon, Misamis Oriental. The summer months are drawing visitors to the area to cool off.

PHOTO BY GERRY L. GORIT

TRAUMA JOURNALISM. Philippine Press Institute (PPI) Executive Ddirector Ariel Sebellino (center) is flanked by Business-Week Mindanao Publisher Dante Sudaria (L) and National Union of Journalist of the Philippines (NUJP) Chairman Rowena Paraan (R) during the Journalism and Trauma hosted by BusinessWeek Min-danao and Mindanao Daily News held over the weekend at Dynasty Court Hotel.

Biz group calls for rolling blackouts

By IRENE DOMINGO, Reporter

THE country’s largest organization of businessmen has called for rolling black-outs in Mindanao to divert electricity to areas where industries operate, thus minimizing job losses in the region. In a statement, the Philippine Cham-ber of Commerce and Industry (PCCI) said the government also should ask the Aboitiz group to deploy its power barge to Mindanao and negotiate for the imposition of lower rates in the next 24 months. The group also asked the government to hold international auctions for the following power projects, which would augment electricity supply in the next 15 months: The repair-operation-maintenance contract of the Agus-Pulangi hydro plants, the repair of which would bring an additional 150 megawatts to the Mindanao grid; P-Noy to meet with power

stakeholders in MindanaoIN a bid to firm up parallel tracks of immediate and medium-to-long-term solutions to the power shortage in Mindanao, President Benigno Aquino is scheduled to meet industry stakeholders in Davao City after the Lenten season. In a press statement, Mindanao Development Authority (MinDA) Chair Luwalhati Antonino said the President wants to person-

ally convey specific measures taken by the government and the proposed steps needed to secure a reliable and sustainable Mindanao power generation. Antonino said that MinDA, in collaboration with the Depart-ment of Energy (DOE), is making the necessary preparations for the conduct of a Dialogue with Mindanao Power Stakeholders, which will also include the key local leaders in the island. “The President understands the full account of the Mindanao

power situation and has taken quick steps to address the power shortage problem with great re-solve,” she said, adding that the President wanted that solutions be discussed as shared consensus of the Mindanao stakeholders. MinDA has been doing initial rounds of consultations with Mindanao power stakeholders, industry players, local chief execu-tives, and lawmakers to generate common understanding of the power issue and draw out col-

By NELSON V. CONSTANTINOEditor-in-Chief

NGCP/PAGE 11

BLACKOUTS/PAGE 11

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ADVERTISING CORPORATIONUpper Apitong, Macanhan Road, Carmen-Ilaya, Cagayan de Oro City

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2 BusinessWeekMINDANAOApril 2-5, 2012 EconomyEconomy

Davao City earns P7M from Sta. Ana Portthe control of the wharf. Currently the City Gov-ernment and the PPA is co-managing the wharf. The Philippine Ports Au-thority had earlier junked the proposal of the city for the sole management of Santa Ana. Guintadcan bared that due to heavy siltation the wharf is no longer market-able to vessels and because of this the PPA has no plans of developing the nine-hectare property. He said that there are

DAVAO City -- The City Government of Davao earned P7.3 million in revenues from the Sta. Ana wharf in 2011.

According to City Eco-nomic Enterprises Of-fice manager Jose Elmario Guintadcan, the figure is higher than the revenue target of P2 million for 2011. The revenues came mostly from rental pay-ments from organizations and businesses that leased some properties inside the wharf. Guintadco said that

city charges P20.83 per square meter a day. Other sources include vehicle entrance fees. He said that the city is planning to develop berth-ing facilities in Sta. Ana. These berths costs around P2.4 million and is in-tended for motor launches. Guintadcan said the city government has asked the national government for

several proposals being studied by the city govern-ment in trying to develop the wharf. Among plans is the construction of a marina and boardwalk, another plan is a Chinese-inspired facility owing to its lo-cation within the City’s Chinatown area.

DA conducts consultation on agri-fisheries modernization

By JORIE C. VALCORZAContributor

ensure that all regional field units, agencies, bureaus, and offices of the depart-ment will have an action program that is cohesive, reinforcing, and consistent with the Philippine Devel-opment Plan, the AFM Act, and other national policy directives. She added that this will be utilized by the agri-fish-eries sector as an instrument to sharply focus programs, projects, and activities to-wards modernization. The area-wide consul-tation aims on enabling

SPEARHEADING the up-dating of the Agriculture and Fisheries Modernization Plan (AFMP), the Depart-ment of Agriculture (DA) Planning Service and the National Agricultural and Fishery Council pools an area-wide public consulta-tion on the Draft Regional AFMPs 2011-2017, last March 20. DA Regional Executive Director Lealyn A. Ramos said the AFMP will help

informed and effective stakeholders participation, which are representatives of national government agen-cies, local government units, civil society organizations, private-sector led agricul-tural, and fishery councils and state universities and colleges. Ramos noted that it spe-cifically seeks to generate comments, reactions, and recommendations on the draft regional plans of the AFMP before it will be fi-nalized and consolidated into the national AFMP.

DTI-10 announces job vacanciesBy APIPA P. BAGUMBARAN

Contributorperience in trade/industry development promotion and research and eight hours of relevant training. Aspirants for develop-ment analysts must have a bachelor’s degree relevant to the job with no training and experience required and a CSP eligible. Aside from being CSP eligible, the administra-tive officer must have a bachelor’s degree in Pub-lic Administration or any other degree supplemented by 12 units in Public Ad-ministration/Management, six months of responsible experience with familiarity in management principles, methods and techniques in planning, and in directing and coordinating various administrative functions. Boniao advised inter-ested applicants to submit their applications with their bio-data, transcript of re-

THE Department of Trade and Industry (DTI) in Re-gion 10 announced vacan-cies in six job positions. According to Linda O. Boniao, officer-in-charge of DTI-10, there are openings for Senior Development Specialist, Development Specialist, Development Analyst, Administrative Officer I, Accounting Clerk II, and Clerk III. Applicants for develop-ment specialists must have a bachelor’s degree relevant to the job, one year of ex-perience in trade/industry development promotion and research, four hours of relevant training, and a Career Service Professional (CSP). A senior development specialist, on the other hand, must have two years of ex-

cords, and certificate of eligibility to the Chairman of the Selection and Promo-tion Board not later than April 10, 2012. They can also visit DTI-10 office located at Corrales Avenue corner A. Luna Street, this city, for further queries.

Camiguin gears up for Lent 2012MAMBAJAO, Camiguin -- The local govern-ment of this province in Northern Mind-anao is preparing for the “Panaad (Promise) Pilgrimage 2012” in an objective to ensure that devotees, tourists, and visitors will be prop-erly accorded with their needs and safety while observing the Lenten Season on this island. To make sure that it will be solemn, the provincial government also prepared plans for all government agencies and local officials to be a part of the Holy Week activities. As this developed, Camiguin Gov. Jurdin Jesus M. Romualdo or-ganized a steering and working committee to oversee the preparation and implementation of the “Panaad Pilgrimage 2012” and to make it more meaningful – with no untoward incident. Under their initial planning, all key areas like ports, town centers, and sacred places where devotees will congregate CAMIGUIN/PAGE 10

3BusinessWeekMINDANAO

April 2-5, 2012

4 BusinessWeekMINDANAOApril 2-5, 2012 People / EventsPeople / Events

“For the Wages of Sin is death, but the gift of God is eternal life, through Jesus Christ’s death on the Cross.”

From:

VICE MAYOR IAN ACENASCagayan de Oro City COWD Scholars during the Recognition Program last March 28, 2012

from L to R: Christian Esclamado (Valedictorian), Kenneth Asuncion (Salutatorian), Joseph Al Bayonas (First Honorable Mention), Jemson Yandug (Second Honorable Mention) ADVERTORIAL

LIFE’S A BEACH AT SM

Beach brights. A blue and pink top matched with pink stripe boardshorts for her and star surfer striped board-shorts for him at The Lighthouse Marina Resort.

Oh, the sun kissed days of summer! The living is easy and it’s the best time to enjoy a day at the beach with friends and the coolest trends from SM! Beach babes can pair their swimsuit tops with board shorts, denims, and beach cover ups for a Coachella vibe; while boys will even have more fun with boardshorts in new, hip designs. Check out the summer fashion at the Girls and Boys Teens Department at SM Department Store in SM City Cagayan de Oro. Shot on location: The Lighthouse Marina Resort, Subic Bay.

Pretty summer plum ban-deau two-piece swimwear paired with polka dotted boardshorts for her and ultimate surfer boardshorts in blue and black prints for him at The Lighthouse Marina Resort.

Hawaii beckons in this striped and floral printed top it paired with aqua boardshorts for her and black and white Hawaiian printed boardshorts for him.

A time capsule is lowered at the site of the B-Meg plant. The capsule laying rites were led by Vil-lanueva Mayor Juliette T. Uy and feeds business vice president and general manager Dr. Norman C. Ramos of B-Meg. The municipal councilors also participated in the lowering of the time capsule. Photo by Gerry L. Gorit

SUN Business, the corporate solutions arm of Sun Cellular, extended its support to the Gold Tee Golf Club Associa-tion Incorporated by helping organize a golf tournament for the benefit of indigent children with orthopedic diseases. Recognized as one of the oldest golf clubs by the Veter-ans Memorial Medical Center Golf Club, the Gold Tee Golf Club Association holds annual charity golf tournaments to help improve the quality of life of indigent children in the com-munity. This year’s tournament sought to aid children patients

Sun Business supports a benefit golf tournament for children

of the Philippine General Hos-pital with orthopedic diseases. Meanwhile, Sun Business also helps various sectors of the community through its connectivity solutions that are designed to empower organizations in the pursuit of their causes. By provisioning specialized services that help minimize costs and highlight operational efficiency, Sun Business makes it easy for organizations to do more for their clients and even more for the society. In the photo above are Barry Bowman, President of

Gold Tee Golf Club Asso-ciation, Inc., Christine Jenny Mata, Account Manager of Sun Business Corporate Sales, Nigel Bennet from the Gold Tee Golf Club Association Inc. and Kenneth John Sanchez, Account Manager of Sun Busi-ness Corporate Sales. For more information on the corporate solut ions of Sun Business, call the Sun Business 24/7 hotline at 395-8PRO or visit their website at wwww.sunbusiness.com.ph Sun Cellular, the mother brand of Sun Business, is a member of the PLDT Group.

5BusinessWeekMINDANAO

April 2-5, 2012

6 BusinessWeekMINDANAOApril 2-5, 2012

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTEGive to Live

What would it cost to rehabilitate the Iponan River?

OpinionOpinion

The Chamber of Thrift Banks

IGNACIO BUNYE

SPEAKING OUTSPEAKING OUT

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A headline of a local news-paper (not Business Week Mindanao) that quoted the Archbishop of the Diocese of Cagayan de Oro pleas to stop all mining activities at the upper delta of the Iponan River “fell on deaf ears” leaves a taste of re-vulsion to the public mind and disrespect to a Church emissary. It created anger among the Catholic parish-ioners and many residents of Iponan who suffered from the river overflow last December 17, 2012. For the local government not to head the call and take an immediate action is a gross omission and neglect to the flights of the many residents of the area? The advocacy of Bishop Antonio Ledesma is valid and supported with the public statements of the residents of Iponan who were twice victims of severe flooding in January 2009 and again during the Ty-

phoon Sendong aftermath. The morning of December 17, 2012, saw the river over-flow with mud and acid laden brownish water. Flood victim’s statements averred that on the early morning of December 17, the water that was waist deep that entered their residences leaves burning sensations to their skin. The heavily silted Iponan River can now be counted as one of the most polluted rivers in the Philippines. Mercury could have been continuously dumped over years by the hydraulic min-ers upstream. Along the river banks, houses were built that empty their septic tanks to the river streams. Backyard hog raisings found their waste affluent disposal convenient into the river tributaries. Combine these elements and we have a potent poi-sonous river overflowing of heavy metals, lead, arse-

nic, acids and bacteria that causes skin disease and kill humans. No amphibious and aquatic life will survive and the contamination may soon poison the whole Ma-cajalar Bay. Congressman Rufus Rodriguez was right and he has the support of the people of Iponan when he made a public statement that all mining activities in the upper Iponan River and the nearby municipali-ties should be stopped. But Congressman Rodriguez is just one of the leading voices which are against mining of any form in Cagayan de Oro City. He is not a signatory official that grants mining permits issued by City Hall. The urgency to stop min-ing is in the City Hall hands. There has to be due pro-cess that must be executed by someone with a strong political will to succeed and say no to the miners? Dredging the river would

need a sanitary landfill to handle the dredge materials. There is a land fill site in Canitoan that has not been activated for lack of permits and residents opposition not to accept garbage. But if it is dredge materials of mud and soil to be deposited in the area, it may finally open the landfill for operations. Acting now due to the public clamor may cost less for our officials. Not doing anything may cost more to their political careers?

THINK a minute… You may have heard the saying, “Joy shared is joy doubled.” Giving isn’t a sacrifice, it’s an investment. We actually get back much more than we give. So don’t give until it hurts, give until it feels good. The American President, Calvin Coolidge, said: “No person was ever rewarded or honored for what he received. Honor is always the reward to people who give.” What you and I do just for ourselves dies with us. What we do for others lives on even after we die. So it’s smart to invest in the suc-cess of others. “It’s when you help someone else up a mountain that you yourself end up closer to the top.”

The principle of giving is simply a law of life that works. Just like money can only get good things for you when it is used and circulated. But if you do not use your money or give it away, you can’t get any enjoyment or thing of value out of it. It’s only when you give out that you make more room inside to receive. You know that the Dead Sea is dead because it only receives and never gives. It does not flow out or give to other bodies of water, so it just dies. In the same way, when we don’t give to others we plug up the natural flow of life in us. This is why self-ish, stingy people are never really happy, and seldom healthy.

A successful man said: “You will be remembered for two things: the problems you solve and the problems you cause.” Each of us is created to be an answer and help to someone else’s life. A famous man put it this way: “You cannot live a suc-cessful day until you’ve done something for someone else who cannot pay you back.” The Jewish people have an important holiday every year which celebrates the giving of gifts. Everyone, including the poor, must find someone poorer than himself and give him a gift. You see, “If God can give gifts THROUGH you, He will give them TO you.” In fact, God loves us so much that He gave His own perfect life to pay for our

wrongs, just so He could share His life with us. So why not give your life to Jesus Christ today? Then you can start en-joying His successful way of giving and living every day, for the rest of your life. Just think a minute…

THE Chamber of Thrift Banks, the umbrella orga-nization of the country’s thrift banks, just celebrated its 38th year through its an-nual convention last week, highlighting the major role it played in helping the economy recover from the recent global financial melt-down. CTB President Patrick D. Cheng, also President & CEO of HSBC Savings Bank, said that their organization has further strengthened its economic base by enhanc-ing lending activity, deposit generation, total assets, and branch networks. Cheng noted that 2011 was a banner year for CTB. “We have become a bigger organization with 1,419-strong thrift bank offices from 1,333 a year ago,” Cheng said, adding that with this growth, the CTB can now reach out to more consumers and entre-preneurs for their long-term credit requirements. “This is our way in help-ing sustain our country’s

economic growth with their continued confidence in banks.” Other members of the Chamber of Thrift Banks’ Board of Trustees are: 2nd Vice President D. Alfred A. Cabangon (also Chairman/President of Citystate Sav-ings Bank); Secretary Raul Marcelo DL. Dimayuga (also President of BPI Direct Sav-ings Bank); Treasurer Rom-mel S. Latinazo (also Presi-dent, RCBC Savings Bank); Auditor Lolita A. Simpao (also President, Bataan Sav-ings & Loan Bank); Trustee and Immediate Past Presi-dent Pascual M. Garcia III (also President, Philippine Savings Bank); Trustee Jose Teodoro K. Limcaoco (also President, BPI Family Sav-ings Bank); Trustee Argeo J. Melisimo (also President, First Consolidated Bank); Trustee Jose Ma. Lopez-Vito III (also Chairman, Isla Bank); Trustee George Martirez (also President, Malayan Savings Bank); Trustee Eric A. Mondragon (also President, Palawan

Development Bank); Trust-ee AMB. Alfredo M. Yao (also Chairman Emeritus, Philippine Business Bank); Trustee Rogelio M. Florete (also President, Queen City Development Bank); Trustee Ma. Consorcia L. Tamayo (also Director, University Savings Bank); Trustee Gregorio B. Anonas (also President/CEO of Wealth Development Bank); Ex-ecutive Director Suzanne I Felix; and Consultant to the Board Benjamin J. Yambao. In a speech during the CTB’s annual convention, BSP Governor Amando Tetangco Jr. noted that the resources of thrift banks have indeed been growing due to increasing deposits from the public. Tetangco stressed that with this encouraging devel-opment, the thrift banking sector has the ability to fur-ther increase their lending, especially to more deserving Micro, Small and Medium Entreprises (MSMEs). He pointed out that MSMEs play an essential

role in economic develop-ment, as they account for the bulk of employment in the country. The umbrella organiza-tion of the country’s thrift banks was organized in 1974 as the Chamber of Savings and Development Banks, and was then composed of 10 savings banks, 28 private development banks, and 44 savings and loan associations. In 1998, the group re-organized itself into an integrated Chamber of Thrift Banks. At present, the CTB con-

BUNYE/PAGE 7

7BusinessWeekMINDANAO

April 2-5, 2012

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tinues to pursue its mandate of coordinating the efforts of its member thrift banks as they contribute to the country’s economic develop-

Bunye...from page 6

ment by servicing the needs of the household — both in the gathering and lending of funds — and in provid-ing medium and long-term credit to Filipino MSMEs. You may e-mail at tot-ingbunye2000@gmail.com.

THAT, in gist, is the message of Pope Benedict for this year’s Lenten season that will start on Ash Wednesday, February 22. It’s taken from a pas-sage in the Letter to the Hebrews 10,24: “Let us be concerned for each other, to stir a response in love and good works.” From this, the Pope wants us to see the connection between our concern for the others, on the one hand, and its consequence and requirement of reciprocity (mutual cooperation) and personal holiness, on the other. These three elements should go together as an organic whole. It’s a message directed to the growing apathy that traces its roots in a creeping Godlessness we can observe in the world today. These are some of the Pope’s words describing this unfortunate situation: “Contemporary culture seems to have lost the sense of good and evil...What hinders this humane and loving gaze towards our brothers and sisters? Often it is the possession of ma-terial riches and a sense of sufficiency, but it can also be the tendency to put our own interests and problems above all else...” He also laments about individualism that seems to pervade the world now and that makes it “blind to the physical sufferings and to the spiritual and moral demands of life.” He warns us of what he terms as “spiritual anaes-thesia which numbs us to the sufferings of others,” as well as the usual temptation “to become lukewarm, to quench the Spirit, to refuse to invest the talents we have received...” To all these negative situations, the Holy Fa-ther proposes a genuine and thorough concern for others that should have the following characteristics: •Desiring what is good for others from every point of view: physical, moral and spiritual. He defines good as “whatever gives, protects and promotes life, brother-hood and communion.” •Being aware of the needs of others, and especially being concerned for their spiritual well-being. At this point, the Pope talks about the long forgotten gospel practice of “fraternal cor-rection in view of eternal salvation.” It’s a message that cer-tainly needs to be digested slowly and persistently. Its rich theological underpin-nings actually offer a splen-did view of today’s situation and challenge. Very often, we get con-tented only with some so-

Be concerned!

FR. ROY CIMAGALA

HINTS AND HINTS AND TRACESTRACES

cio-economic and political analysis of the situation that can only cover and fathom so much. We should correct or at least enrich this atti-tude with a deeper dimen-sion offered by theology. The message calls us to get out of our shell and to actively enter into the dynamics of a life of com-munion, marked precisely by love and concern for one another, to which we are called. The Pope offers an elabo-rate description of this life of communion that we should try to be familiar about, since very often we take it for granted or reduce it to merely social categories. In his words, our life of communion is based on the fact that “our existence is related to that of others, for better or for worse. Both our sins and our acts of love have a social dimension. “This reciprocity is seen in the Church, the mystical body of Christ. The commu-nity constantly does penance and asks for the forgiveness of the sins of its members, and also unfailingly rejoices in the example of virtue and charity present in her midst. “As St. Paul says: ‘Each part should be equally con-cerned for all the others’ (1 Cor 12,25), for we all form one body. Acts of char-ity towards our brothers and sisters—as expressed by almsgiving, a practice which, together with prayer and fasting, is typical of Lent—is rooted in this com-mon belonging. “Christians can also ex-press their membership in the one body which is the Church through concrete concern for the poorest of the poor. Concern for one another likewise means acknowledging the good the Lord is doing in others and giving thanks for the wonders of grace that God in his goodness continu-ously accomplishes in his children.” We certainly need to deepen and strengthen our sense of communion. It’s definitely not an easy thing to do, but neither is it impossible. We just have to realize that we need to constantly ask for grace

Buddy Tancontian of Alfonso Light Brandy and Joel M. Gonzales, vice president of the National Darts Federation of the Philippines, do the ceremonial honors opening the one-day Alfonso Light Brandy P50,000 Dart Festival, at right , Buddy Tancontian prepares the trophies for the winners held Saturday in Cagayan de Oro. The cash prizes were as follows: Classified Draw Doubles – P15,000 champion, P8,000 second, P4,000 third/fourth, P2,000 fifth to eight; Open Singles – P5,000 champion, P3,000 second, P1,000 third/fourth, P250 fifth to eight. This was a National Darts Federation of the Philippines ranking event. PHOTOS BY GERRY L. GORIT

said three months ago. According to officials of the Bangko Sentral ng Pi l ipinas, the Philippines is “underrated” by about two to three notches by the international credit rating agencies.

Pending bills Budget Secretary Florencio Abad has said that June 2012 is the Aquino administration’s target for enacting into law the bills on “sin” tax reform and fiscal incentives rationalization. Under the 1987 Constitution, all tax laws of the country must first come from the House of Rep-resentatives. The fiscal incentives measure is several steps ahead of the sin tax bill, which is still bogged down in the House ways and means committee, The fiscal incentives bill (HB

Tax...from page 9country is benefitting from political stability and a popular government that is seen by many as strongly committed to improving governance and reducing poverty,” he added.

‘Stable’ outlook S&P affirmed the “BB” grade last December 16 and that came with an “outlook” rating of “stable” from the previous “positive” mark. “We base our view on the current external l iquidity and net debt indicators against the Philippines’ relatively high public external debt, about 48% of which is on commercial terms. We expect further rating improvements to be most likely driven by improvements in fiscal and debt credit metrics,” S&P credit analyst Agost Benard

4935) is also known as “The In-vestments and Incentives Code” when the House approved it on third reading and transmitted it to the Senate middle of last year. The Senate received HB 4935 on August 8. There are three counterpart Senate Bills: SB 2142 by Senator Ralph Recto; SB 2379 by Senator Manuel Villar; and SB 2755 by Senator Edgardo Angara. Recto is chairman of the Senate committee on ways and means. Villar heads the economic affairs and trade and commerce commit-tees. Angara leads the committees on education and science. The Aquino administration-backed version of the sin tax reform bill is HB 5727 authored by Cavite Rep. Joseph Emilio Abaya. However, before Abaya’s bill came along, the committee had

worked on other sin tax bills and issued a subcommittee report. Cagayan de Oro Rep. Rufus Rodriguez pointed out that Subcom-mittee Report 6 is a product of six meetings of the technical working group and signed by 12 members of the committee. It is his conten-tion that the subcommittee report should be discussed first before Abaya’s HB 5727. The delicate task of getting the sin tax bill out of the House by May falls upon House ways and means committee chairman, Rep. Isidro Ungab of the Third District of Davao City. “We will take up simultaneously all the other pending measures in the next hearing,” Ungab said on March 11. The summer break of Congress ends on May 7. (GMA NEWS)

8 BusinessWeekMINDANAOApril 2-5, 2012 Misor.TodayMisor.Today

Laguindingan Airport is 87.67% completed

By APIPA BAGUMBARANContributor

PHYSICAL progress of the Laguindingan Airport De-velopment Project (LADP) is reported to be 87.67 per-cent completed as of Febru-ary, this year. The P7.853 billion proj-ect which involves the con-struction of a new airport of international standard in Laguindingan, Misamis Oriental has two major com-ponents, the civil works and the air navigation system and support facilities. Engr. Jaime H. Pacampa-ra, chief economic develop-ment specialist of the Project Monitoring and Evaluation Division of the National Economic and Develop-ment Authority (NEDA) in Region 10, said the civil works component is already

substantially completed as of February 2012 registering an actual accomplishment of 98.93 percent. This component included buildings, access roads, and perimeter fencing works, he added. On the other hand, he said the documents for the bidding of the LADP air navigation system and sup-port facilities are still being reviewed by the Department of Transportation and Com-

munications (DOTC) reit-erating the pronouncement made by the chairman of the LADP Special Committee on the need to thoroughly screen the proponents for the provision of air naviga-tion facilities in order to not compromise the safety of passengers. Once completed, the Laguindingan Airport will be considered as the North-ern gateway to Mindanao. (APB/PIA-10)

PPOC MEET. Gov. Oscar S. Moreno delivers his message during the 2nd Joint Misamis Oriental –Agusan Del Norte Provincial Peace and Order Council (PPOC) meeting last March 21, 2012 held here in Cagayan de Oro City. In photo next to Governor Moreno from L-R is Vice-Governor Enrico R. Corvera of Agusan Del Norte and Misamis Oriental Vice-Governor Norris C. Babiera. (RODOLFO D. MENDOZA-PIA-10)

Misor hosts Jr NBA regional elimsTHE Misamis Oriental Provincial Government is hosting the 2012 Regional Eliminations for the Jr. NBA Philippines on April 14-15, 2012 at the Xavier Univer-sity-Ateneo de Cagayan covered courts. Program Director Jun Noel said the program is open to boys and girls aged 10-14 years from Northern Mindanao. He also empha-sized that given the limited space and other constraints, only some 200 players from all over the region can join the event.

“The program is free, participants are just re-quired to bring a copy of their NSO-certified birth certificates,” Coach Noel said. Registration starts at 7:00AM. “Selection will be based on individual skills such as dribbling, shooting, passing, sprinting, lateral movement and character or the kid’s actuations on and off the court, and how he handles himself under various situ-ations with coaches and fellow players,” he added. A total of 10 players and

one coach will be selected and sent to Manila for the national eliminations on an all-expenses paid trip. The national eliminations will similarly select 10 players and a coach to be sent to the United States for further training, all expenses paid. Like the NBA Clinic hosted by the provincial government earlier this year, the regional elimina-tion will be managed by Jr. NBA Coach Marty Conlon, Alaska and MisOr Meteors coaches

NorMin police all set for the observance of the Holy weekPOLICE Regional Office (PRO), Region 10, has put in place its security and safety preparations as most Catho-lics celebrate the traditional observance of the Holy week starting April 2. PCSupt. Jufel C. Adriatico, Regional Director, PRO-10, approved Letter of Instruc-tion (LOI) 07/12 or “Semana Santa 2012,” which will be implemented in all police units in Northern Mindanao. Th is LOI sets forth the opera-

tional guidelines of ensuring peace and order and public safety as people converge to observe the Lenten season and spend holidays in dif-ferent places. PCSupt. Adriatico has approved earlier the Security Plan for Summer Vacation, in conjunction with LOI Semana Santa 2012. Th e directive en-sures police security measures in place during summer time activities such as town fi estas, “Flores de Mayo” and beach

parties which expectedly are crowd drawers. Police units under PRO-10, as well as all attached Philippine National Police support units in the region, are directed to establish police assistance hubs to assist com-muters and motorists, and to tie up their security and safety preparations with their respective local government units, other government agen-cies, and existing volunteer groups.

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionBRANCH 07

Tubod, Lanao del Norte

JAIME S. SAMSON, CIVIL CASE NO. 07-729 Plaintiff, - for – - versus – Declaration of Nullity of Marriage on the Ground AURELIA ADRIANO CRISTOBAL, of Psychological Incapacity Defendant.x - - - - - - - - - - - - - - - - - - - - - - - /

SUMMONS BY PUBLICATION

TO: AURELIA ADRIANO CRISTOBAL Sta. Clara, Sta. Maria, Bulacan G R E E T I N G S! WHEREAS, on March 23, 2012, the Court issued an order granting the petitioner’s Ex-parte Motion to Effect Summons by Publication, the dispositive portion of which reads as follows: “WHEREFORE, finding the motion meritorious, the same is granted. Petitioner is allowed to effect the service of summons to the respondent by way of publication in any newspaper of general circulation in Lanao del Norte and Iligan City and any part of Mindanao.” WHEREAS, Complaint reads:

“COMPLAINT COMES NOW Plaintiff, by counsel and unto the Honorable Court, most respectfully avers:

THE PARTIES 1. Plaintiff JAIME S. SAMSON, is of legal age, married, and a resident

of J & F STORE, Pualas, Tubod, Lanao del Norte, where he can be served with summons, orders, and other court processes;

2. Defendant on the other hand, is likewise of legal age, married, and a resident of Sta. Clara, Sta. Maria, Bulacan, where she can be served with summons and other court processes;

CAUSE OF ACTION 3. Plaintiff and defendant first met in 1974; plaintiff was then work-

ing with Tesoro while at the same time was a 2nd year college student; while defendant was about to enter into college yet;

4. Defendant’s mother was hired by plaintiff’s employer, and was thereafter joined by the defendant who worked in the same compound;

5. Defendant was highly ambitious and snobbish, and yet plaintiff got attracted to the former and courted her for quiet a long time;

6. In the course of courting defendant, plaintiff got to learn that the former was also arrogant and mean in dealing with others as she tended to speak harshly and rudely;

7. After two (2) years of courtship, defendant gave her “yes” to plaintiff, but even before that plaintiff was already helping financially defendant’s parents;

8. After finishing school, plaintiff proposed marriage to defendant, but she refused saying she had still ambitions to fulfill;

9. Doubtful of defendant’s seriousness in their relationship, plaintiff left Tesoro and started forming a construction company in Cubao upon the invitation of his close associates;

10. In late 1980’s, however, their company gone bankrupt, and he lost a relatively sizable amount of money;

11. Thereafter, plaintiff got two (2) offers for abroad, although he was not keen yet of going abroad as overseas worker unlike defendant who had been longing to work abroad;

12. During the time that plaintiff was working with a construction firm he formed, his relationship with defendant was characterized as on and off, and defendant showed no interest to the offer of plaintiff for marriage;

13. Then plaintiff accepted the offer to work for Nigeria, and on knowing the offer, defendant invited him for a talk;

14. Although plaintiff had another sweetheart by then, he proposed for marriage again to defendant when they met; defendant, in that meeting, finally accepted plaintiff’s proposal for marriage;

15. And, within two (2) weeks from that meeting, they got married in a civil rites on August 31, 1981 officiated by a judge and attended by only a few people (a copy of their marriage contract is made an integral part hereof as Annex “A”);

16. But his decision to marry defendant proved to be a disaster for him;

17. On the night of the wedding, defendant feigned to be a virgin and claimed plaintiff was the only man in her life, but plaintiff knew that she was not (although he kept this to himself until the time he filed a case for divorce her much later);

18. Two (2) weeks later, plaintiff left defendant to work in Nigeria for 11 months, and while there their means of communication was only by phone and letters;

19. For eleven (11) months, plaintiff worked in Nigeria and on many instances, defendant demanded money from him which she indulged in buying expensive clothes and other personal things;

20. A month before plaintiff returned home, they had chance to talk and both were agreed about having a simple church wedding;

21. To the dismay of plaintiff, however, defendant planned and wanted a grandiose wedding, and she prevailed upon him upon his return;

22. Although he was upset, plaintiff could no longer do anything, and he was forced to shell out all his hard-earned savings for their grand wedding as demanded of him by defendant who justified that she deserved such kind of wedding;

23. These selfish tendencies of defendant already came to the fore even at this early period of their marital union, an indication that defendant had difficulty fulfilling the essential requisites of marriage such as love, affection, moral, and spiritual support required of a married woman to her husband;

24. After their church wedding on October 24, 1982 as shown in the Certificate of Canonical Marriage issued by Parish of St. Vincent de Paul, Manila ( a copy of the certificate is made a part hereof as Annex “B”), they were brought to the defendant’s residence in Bulacan despite his whimpered protestation, and their they had their honeymoon;

25. They only had a short stay in Bulacan because defendant became demanding that plaintiff should lose no time in going back to Nigeria for no other purpose but to earn a substantial income to support her growing insatiable desire for material possessions;

26. And, off they went together to Nigeria, and while there, it became apparent to plaintiff that defendant is really materialistic as she spent much on signature clothes, shoes, precious jewels, and appliances, and worse, she even sent not only a few of her acquisition to her folks in their place without prior consent of plaintiff;

27. On many occasions, defendant loved to be the center attraction in gatherings of the Filipino community there; she became de-manding of his time, and was a compulsive buyer and insistent to be always at par in terms of material acquisition with the rest of the neighborhood of the plaintiff;

28. Defendant became argumentative over anything, a nagger at a slightest provocation, and was totally opinionated giving no regard to the thoughts of others; all the more, she became insistent to acquire good stuff, foods, and flashy personal things;

29. She became showy and ostentatious, totally engrossed at beautifying herself at the expense of the plaintiff;

30. They stayed in Nigeria until 1984 only, and from there they migrated to the U.S. at the importuning of the defendant who always dreamed aloud of going to that place even if it meant exhausting all his savings he earned in Nigeria;

31. Practically penniless, plaintiff started looking for a job but encountered difficulties owing to lack of requisite papers for employment; luckily, however, plaintiff got hired as a draftsman by an employer who liked his work attitude and not too soon thereafter, was petitioned by the latter who acted as his sponsor;

32. He was able to work under his first employer for nine (9) years who sent him to school to learn more about electrical engineering, and in 1991 received his green card, and then was hired as a professional electrical engineer;

33. Then their first child, JAIME SAMSON II was born on September 20, 1986 as shown in the Certificate of Birth (a copy of which is made an integral part hereof as Annex “C”:, and though it was defendant who took good care of their child, defendant’s preference for good things and her being a partyer persisted;

34. Their second child came on December 24, 1988, and they chris-tened him CHRISTOPHER CRISTOBAL SAMSON as shown in his Certificate of Birth, a copy of which is made part hereof as Annex “D”;

35. Sometime in 1990, defendant met another Filipina while strolling in a park; not too soon thereafter, plaintiff observed some notable changes in defendant’s behavior, and it was for the worse;

36. Defendant became all the more argumentative, and plaintiff learned later that the newfound Filipina friend of the former is a mistress of a married man based in Manila who was compelled by her parents to seek a better life in America and got a live-in partner from Afghanistan;

37. Defendant would always pick a fight against plaintiff for no appar-ent reason at all; she demanded more time and attention from plaintiff, and even became jealous of their own children to the extent that their children bore the brunt of defendant’s negative emotions;

38. When JAIME SAMSON II became three years old, defendant demanded from plaintiff to send him to a highly exclusive school, but no matter how plaintiff explained that their means could hardly support such kind of expensive education, defendant persisted; later, however, defendant realized the effect to their financial standing, and so, defendant agreed to sending their child to a cheaper school;

39. Thereafter, defendant, out of her desire to be with the ‘Joneses’, inveigled plaintiff to buy a house of their own; and, plaintiff had to borrow money from his friends and was able to acquire one in 1992;

40. Plaintiff thought that by yielding to the desire of defendant to acquire a house of their own using borrowed funds, the latter would realize that they needed some time to settle their indebtedness;

41. Contrary to the expectation of plaintiff, however, defendant’s inordinate desire for good stuff ballooned when the latter had to demand for expensive and new house furnishing leaving plaintiff without any savings, and for this plaintiff was compelled to accept odd jobs to earn extra money;

42. Over a period of time, their eldest became IE, and because he is quite independent and intelligent, more often he clashed with defendant who still tried to wield a domineering and controlling parenting style that was loathed upon by said child of theirs;

43. Plaintiff dutifully fulfilled his parental duties to his children and would even find time to accompany them to their boy scouts camping trips, but still defendant would accused plaintiff of having no time for their children;

44. Plaintiff started having a business of his own in late 1992, but his relationship with defendant had worsened; at times, plaintiff was traveling with their kids leaving defendant in a hotel at the expense of plaintiff;

45. Their younger son, CHRISTOPHER CRISTOBAL SAMSON is asthmatic, but since defendant was too lazy to clean their house, plaintiff ended up doing the cleaning himself, as defendant preferred to spend her time most often in the malls;

46. On her insistence, defendant would always visit the Philippines yearly, but stayed most of the time with her own relatives; whenever she visited the country, she would always bring with her 8 boxes big balikbayan boxes full of stuff, but seven boxes she delivered to her kins, and only one (1) box to plaintiffs;

47. When their children were grown up, she demanded that she should have a job of her own; and, although she was not competent, plaintiff helped her found a job, but before long, she was already complaining about her co-workers, and even badmouthed a rabbi of the Jewish congregation;

48. At that time, plaintiff was looking for an assistant, so he offered her to be his assistant to work for just four (4) hours a day but with assured full day’s work, but defendant declined and yet, she had the gall to demand payment for taking care of their children;

49. Plaintiff could not do anything except to yield to the demand of defendant who was so happy collecting her undeserved salary from the former; and although they had a joint business account, defendant had her own bank account and maintained not one (1) but two (2) credit cards from which she charged all her outings at the expense of the plaintiff;

50. And, that served as the last straw that broke the camel’s back so to speak, plaintiff decided to separate from her – he went to stay with his older child in the building where he had his business;

51. Not too long after, however, he reconciled with defendant because he saw his younger child having difficulty in his schooling; but defendant asked for a car in exchange;

52. A week after, they got separated again; and in 2001, he had a lawsuit making him pre-occupied with his business and such lawsuit;

53. A year after, they got reconciled once more, but this time, defendant demanded for a pricey house in Princeton, New Jersey to which plaintiff gave in as his business was still in flourish;

54. Plaintiff bought the said house but on conditions that they must maintain a simple lifestyle and that they must sell their old house to which defendant readily agreed;

55. When they transferred to their new house, however, defendant reneged on her promise for a simpler lifestyle and demanded for some changes and renovations;

56. Plaintiff regretted buying said house, but he could not do anything, and so he spent sizable amount of money and incurred debts relative to the acquisition thereof;

57. Plaintiff confronted defendant and told her grossly irresponsible, and feeling disgusted, she decided to separate from plaintiff, and stayed in their old house, leaving plaintiff in the Princeton house;

58. In 2005, defendant filed a divorce suit against plaintiff that was granted in 2007, as shown in the decree a copy of which is made an integral part hereof as Annexes “E” and “E-1” to extract a lot more money from plaintiff;

59. The two children were staying with plaintiff who defrayed the cost of their education;

60. Defendant, on the other hand, had a new car, a fully-paid house plus additional cash; she had still a job at that time, but a year after, she was discharged from her work;

61. The two children refused to talk to defendant owing to the latter’s domineering and controlling behavior;

62. In 2008, plaintiff filed a church annulment in the US, and is still pending to this date;

63. Defendant, notwithstanding their separation, has been receiving US$2,000.00 monthly from plaintiff who also continue to shoulder the education expenses of their two children;

64. All the foregoing circumstances considered, defendant clearly shows pattern of abnormal behavior/personality disorder mak-ing her psychologically incapacitated to perform her essential marital obligations, not only to petitioner but also to their children who have been deprived of the love, care and attention of their mother, all through the years;

65. As can be seen, this psychological incapacity of defendant is clinically permanent or incurable. This psychological incapacity of defendant was therefore already in existence even before her marriage to plaintiff but the same became more evident and manifest only after the parties got married to each other;

66. Defendant’s apathetic attitude towards plaintiff and their children are indications of her incapacity from accepting and therefore complying with her marital obligations embraced by Articles 68 up to 71 as well as Articles 220, 221 and 225 of the Family Code;

67. Hence, defendant should be declared psychologically incapacitated, and her marriage with plaintiff should be annulled on the basis thereof.

PRAYER WHEREFORE, premises considered it is most respectfully prayed that after trial, a judgment be rendered by this Honorable Court declaring the marriage between plaintiff and defendant void ab initio by reason of psychological incapacity of the defendant, in accordance with Article 36 of the Family Code. Other relief just and equitable in the premises are likewise prayed for. Iligan City (for Tubod, Lanao del Norte), Philippines. 4 August 2011. DEMOSTHENES R. PLANDO Counsel for the Plaintiff Suite 308, Abalos Building Aguinaldo St., Iligan City Tel. (063) 221 2655 PTR No. 3579603 1/3/11 Iligan City IBP OR No. 768299 12/8/10 Iligan City – Lanao del Norte Roll No. 46204 MCLE Compliance # IV-0000049 October 27, 2010” NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the above-quoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision in the IBP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a Motion to Dismiss and instead allege the grounds thereof as defenses in the Answer. Tubod, Lanao del Norte, 26 March 2012.

ATTY. MARIA PTV ZALSOS – UYCHIAT, CPA Clerk of Court VIrbm/

Copy furnished:

1. ATTY. DEMOSTHENES R. PLANDO Suite 308, Abalos Building Aguinaldo St., Iligan City

MD: Apr 2, 2012

9BusinessWeekMINDANAO

April 2-5, 2012Congress.Watch Congress.Watch

“His Destiny was the Cross. His Purpose was Love and his Reason was You.”

From:

Rep. BENJO BENALDO1st District, Cagayan de Oro City

BUREAU of Internal Reve-nue (BIR) Commissioner Kim Henares revealed Thursday that the visiting review team of international credit rating agency Standard & Poor’s said passage of the bills on sin tax reform and fiscal incentives rationalization by next June will improve prospects for a credit rating upgrade. Results of the S&P review may be known by May, when Congress resumes session. The legislature adjourned for its summer break Thursday. In the eyes of S&P, the Philippines is a “BB” sovereign. Investment grade is two more steps up at “BBB—” on its 12-rung ratings ladder. S&P gave the country the “BB” grade in November 2010 for long term foreign currency denominated debt and the “B” grade for short term foreign currency credit. Standard & Poor’s sovereign or country credit analysis has five key sets of factors: Institutional effectiveness and political risks; Economic structure and growth prospects; External liquidity and international investment position; Fiscal performance and flexibility, as well as debt burden; and Monetary flexibility. June last year, another credit rater, Fitch Ratings, stamped a “BB+” on Philippine long-term foreign currency debt and “BBB—” on long-term peso debts. It also maintained at “B” the short-term foreign currency issuer default rating. S&P has explained on its website that its sovereign rating for countries is not just based on

MINDANAO OUTAGES:

Rufus slams Almendras for inaction on power crisisCAGAYAN de Oro Repre-sentative Rufus Rodriguez criticized Energy Secretary Jose Rene Almendras for not acting on the warnings of Mindanao lawmakers, businessmen and residents since 2010 of an impending power shortfall on the island. Rodriguez said Almen-dras could have averted or minimized the estimated supply defi cit of 180 mega-watts to 400 MW had he pursued recommendations to dredge the Agus and Pulangui rivers to boost hydropower capacity; repair four state-owned barges in the region, and reopen a diesel power plant in Iligan City. Rodriguez, however, stopped short of saying if Almendras’ inaction was meant to benefit private enterprises, which would be able to charge higher rates should a power crisis hit the region. Mendoza called the situ-ation in Mindanao “a con-spiracy” between the state and private enterprises to force the people of the island to accept high power rates. He pointed out that the government privatized

two power barges in the region two years ago, but the electric cooperatives refused to buy power from the new owners because of their higher rate: P15 per kilowatt-hour, four to fi ve times the normal rate. Also on Sunday, Bayan Muna party-list Represen-tative Teodoro Casiño said the private power companies connived with government offi cials to get contracts that allowed the high power rates. Th e public is still suf-fering from those “onerous

contracts,” he said. Meanwhile, another party-list representative has accused power producers of inducing a supply shortage in Mindanao to boost their profi ts. “Th e shortage is man-made, [created] by unscru-pulous profiteers,” Trade Union Congress Party Representative Democrito Mendoza said in a statement Sunday. “Th ey know that if there is a shortage then that will help pressure consumers to accept solutions based

on high-cost power. Presto, more profi ts for the [power companies].” Mendoza accused the power producers of “de-liberately not investing” in additional capacity within the franchise areas controlled by their sister distribution companies and independent cooperatives. Th e purpose, he said, is to cause a supply shortage. Exacerbating the problem is the government’s dithering on the power situation in Mindanao, Mendoza said.

S&P seeking sin tax, fiscal incentives reform

fiscal performance or national government finances. “The five key factors that form the foundation of our sov-ereign credit analysis are: • Institutional effectiveness and political risks, reflected in the political score. • Economic structure and growth prospects, reflected in the economic score. • External liquidity and in-ternational investment position, reflected in the external score. • Fiscal performance and flexibility, as well as debt burden, reflected in the fiscal score. • Monetary flexibility, re-flected in the monetary score.” The global debt watcher is not the only international entity pushing for economic reforms. The World Bank also did in its latest Philippines Quarterly Update (PQU) released Monday, March 19. The PQU urged “more focus on several key reform areas such as strengthening public financial management, increasing tax revenues, and enhancing com-petitiveness through stronger regulatory capacity, enhancing competition including reducing the cost of doing business, addressing infrastructure and service delivery bottlenecks, and improving workers’ skills, thus making them more employable.” “A huge window of opportu-nity currently exists for speeding up critical reforms,” World Bank Country Director Motoo Konishi said. “Besides having strong macroeconomic fundamentals,

TAX/PAGE 7

10 BusinessWeekMINDANAOApril 2-5, 2012

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALEEJF No.: 161-07-2012

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the ROGER D. BANDOJO, Iligan City against EVELYN D. BANDOJO, Iligan City to satisfy the indebtedness which as of December 10, 2011 amounting to ONE HUNDRED THOUSAND PESOS (Php 100,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 18th day of May 2012 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bid-der for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-25,753

“A parcel of land technically identifies as Lot No. 4782, Pls-13, situated at Barrio of Tubaran, Municipality of Tubod, Province of Lanao del Norte more particularly described and bounded as follows: Beginning at a point marked “1” of Lot 4782 of the Public Land Subdivision of Tubod, being S. 39-44 ‘ E., 716.52m. from B.L.L.M. 172, Pls-31, thence S.89-02 ‘W 287.04m. to point 2; N. 29-22 ‘E., 134.63m. to point 3; N.5-39 ‘ E.,102.62m. to point 4; S.78-17’E., 194.24m. to point 5; N. 74-01 ‘ E., 99.94m. to point 6; S.31-04 ‘ W., 118.95m. to point 7; S. 7-55 ‘ W., 101.77m. to point 1, point of beginning. Containing area of FIFTY ONE THOUSAND NINETY NINE (51.099) SQUARE METERS, more or less. Registered in the name of Lucita S. Pardillo.” “All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this March 22, 2012.

For the Clerk of Court and Ex-Officio Sheriff

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IV

BWM: APRIL 2, 16 & 23, 2012

very well expected. Meanwhile, President Aquino thumbed down the proposal by Congress to grant him emergency pow-ers to address the power situation in Mindanao, say-ing there’s no need for it. In an interview after inaugurating the Philip-pine Expeditionary Force to Korea (PEFTOK) Ko-rean War Memorial Hall in Taguig City on Thursday, the President said the govern-ment is working towards expediting the release of the required permits to put up coal fire powered plants in the province instead. “We’re setting up a coal fire plant which is the fastest (and) will take about two to three years. Part of the process (to be able to put up these power plants) is to get local government au-thority to set up the plants; environmental compliance (certificates); and public dialogues. Na-delay ‘yung construction of the coal fire plants primarily be-cause it took the two firms that are setting them up in Mindanao close to a year, or over a year, to secure the necessary permits,” the President said. He lamented the delays in the release of the permits that would have allowed construction of the power plants to begin earlier and thus could have addressed

Power...from page 1lective recommended mea-sures, Antonino said. “The President’s objec-tive is for everyone to be part of the effort to stabilize power supply situation in the short term with lesser impact possible on power rates, and ensure sustainable long term energy security in Mindanao,” she stressed. Antonino said the identi-fied immediate measures so far, without giving further details as these would form part of the discussion during the scheduled Mindanao dialogue, are projected to generate an indicative ag-gregate capacity of 219MW, which is enough to address current 150-170 MW power deficit. The Association Mind-anao Rural Electric Coop-eratives (AMRECO) noted that electric cooperatives and distribution utilities have responded positively to the recent circular of DOE which ordered compliance to certain directives aimed at addressing the power situation in Mindanao. Clint Pacana, AMRECO executive director, said the group believes that the DOE circular restored confidence and trust in the power sys-tem and that voluntary ad-herence and compliance by those concerned could be

the power requirements of the province. “…yung one year that it took for all of the permits to be secured could have been one year already in construction and it would have brought us closer by one year, or one year to go na lang, to have the added generating capacity of these two coal-powered

plants that, unfortunately, have yet to be constructed because of the delay in se-curing all of the necessary clearances,” the President said. “So we are trying to expedite the process at the same time taking into consideration the concerns of the residents that will be affected,” he explained.

and garbage collection was also organized. A medical team from the provincial and municipal health offices will also be mobilized to look after the health of the visitors, as devotees in some instances sometimes experience dif-ficulties due to heat and exhaustion as they walk their way around the island. It can be recalled that the penitent walk around the island has been going on for many years now and still continue to draw more devotees and tourists alike. The pilgrims’ penitence walk and traditional “Visita Iglesia” is completed with an uphill climb to Mount Vulcan where the 14 Stations of the Cross are located.

Camiguin...from page 2will have information coun-ters to be manned by the members of the local di-saster risk reduction and management council, ba-rangay council, and the local tourism office. Meanwhile, operatives of the Philippine National Police (PNP) together with members of the Tourist Po-lice (TOPCOP), barangay councils, and all the village watchmen here, and other force multipliers are also set to mobilize to maintain peace and order during the week-long activities. Another committee to oversee traffic flow, beauti-fication, road maintenance,

Above (clockwise), Mindanao Daily News Executive Editor Allan Mediante, Mindanao Daily News, Business-Week, Mindanao Bisaya Publisher Mr. Dante Sudaria, Philippine Press Institute (PPI) Executive Director Mr. Ariel Sabellino, and NUJP Secretary General Ms. Rowena “Weng” Paraan prepare to distribute the certificates to the participants of the just-held seminar on Journalism and Trauma held at the Dynasty Court Hotel. The two-day seminar was conducted jointly by the PPI and NUJP. It was hosted by Mindanao Daily News, Busi-nessWeek Mindanao,and Mindanao Bisaya. Photos courtesy of Richel Umil

PPI, NUJP seminar on “Trauma Journalism” hosted by BusinessWeek and Mindanao Daily News

FoodFood&&LifestyleLifestyle 11BusinessWeekMINDANAO

April 2-5, 2012

Pryce Plaza HotelCarmen Hill, CDO, Tel. No.722791 to93/858-4537

E-mail:reserva ons@pryceplaza.ph

Hotel Koresco Pueblo de Oro Golf Course,CDO, fax. No. [088] 858-9748

tel. Nos. 858-9748 to 54, E-mail:hotelkoresco@yahoo.com

Mallberry SuitesLimketkai Drive ,CDO, Tel. No. [088]854-3999 / 854-7999

E-mail:info@mallberrysuites.com

Dynasty Court HotelTiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410

E-mail:dynasty@philcom.ph

The Marigold HotelVelez cor. Luna Sts, CDO

Tel Nos. 856-4320, 726937

Marco ResortTel. No. 732182 / 855-220

VIP HotelA.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505

E-mail: info@theviphotel.com.ph

Philtown HotelMakahambus-Velez St. CDO,Tel. No. 723089 / 856-1813

De Luxe HotelCapt. V. Roa St. CDO, Tel. No. 726527 /857-2144

Maxandrea HotelJ.R. Borja St. CDO, Tel. No. 729943/ 857-2244 / 857-4154

Grand City HotelA.Velez- Sts. CDO

Tel. No. 723551 / 723658 / 857-1900

Country Village HotelCarmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05

Southwinds HotelCapt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036

E-mail:i_agudo@hotmail.com

Apple Tree Resort and HotelTaboc, Opol, Misamis Oriental,

Tel. Nos. 754525/ 754263/ 3091986, Fax No. (8822) 754497

Pearlmont InnLimketkai,Drive,CDO

Tel. No. 729111 / 856-2654 / 729455

Red Palm InnEVChaves Building, Capistrano corner Cruz Taal Sts.

Cagayan de Oro CityTel. No. 721197 and 8562671

Cell No. 0908-885-5643Email: redpalm_inn07@yahoo.com

Chali Beach ResortCugman,CDO,Tel. No. 723929 / 855-2108

E-mail:chali_beach@yahoo.com

Nature PensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNEVelez-Macahambus Sts, CDO

Tel Nos. 8571776, 721776email : gchreserva on@yahoo.com

Malasag Eco Tourism VillagesCugman, CDO

Tel. No.855-6183 [088]309-3752

HOTELSRESTAURANTS

grid conditions allow it, we dispatch as much load as we can spare without compro-mising grid efficiency and stability.” During a March 23 meet-ing in Quezon City called by DOE Usec. Josefina P. Asirit and attended by the NGCP, Therma Marine Inc. and member cooperatives of the Association of Mindanao Rural Electric Cooperatives (AMRECO), Gil Z. Cesar, Mindanao-B Marketing and Commercial Relations Manager of the National Power Corporation (NPC), showed figures which dis-

NGCP...from page 1

maintain load generation balance including the mini-mum reserve requirements that may be determined in consideration of the avail-able supply.” However, when the Pu-langi IV hydroelectric plant in Bukidnon is shut down from April 9-May 9, 2012 for urgently needed repair and maintenance works, she said they would have no option but to increase the level of curtailment. As of Friday, the NGCP website’s Power Situation Outlook for Mindanao showed a deficiency of -73MW during the eve-ning peak hours demand of 1,208MW. This would translate to a power cur-tailment of 223MW given the 150MW regulating and contingency reserves needed by NGCP to keep the grid in a stable operating condi-tion. When asked by the DOE where the electricity being overdrawn by users in Min-danao were coming from, Ms. Alabanza said they were dispatching it from their available 150MW reserves. “We always prioritize the dispatch of loads to end users that at times we barely retain 100MW for our reserve requirements,” Ms. Alabanza disclosed. “The situation is fluid and when

closed that for February 2012, nineteen of the 26 AMRECO coops directly connected to the Mindanao grid accounted for 99.4% of the 51,492,035 kWH excess energy and 94.7% of the 123,912 kW excess load overdrawn against the total assigned allocations in the grid. Although there are still some 25 industrial power users drawing their power directly from PSALM, Ms. Asirit said only three of these were found to be over-drawing their respective allocations.

play in the generation mix, PCCI said the high cost of electricity these facilities produce “will overwhelm Mindanao consumers.” “Hence, the development of other baseload genera-tion plants with coal at the forefront, must be done only after fully developing all the potential hydro-electric power sites in the islands,” the group said. Having said this, PCCI rallied behind two coal-fired power projects in the region, particularly the Alsons group’s pro-posed 200-megawatt plant in General Santos and a 300-megawatt plant being put up by a consortium of 21 electric cooperatives. Coal plants have met with resistance from host communities because of the pollution these facilities cause. Barring delays, the Alsons plant could be operational in two to three years, while the facility being put up by the consortium of cooperatives is scheduled to go on stream in three to four years. PCCI said the second facility should help bring down electricity rates in Mindanao as it would be owned by cooperatives op-erating in the region. Miguel Varela, PCCI president, said any long-

Blackouts...from page 1 The relocation-repair-operation-maintenance-transfer of power barges 101 to 104, which should augment supply by 120 megawatts; and The repair-operation-maintenance-transfer of the 100 megawatt diesel plant in Iligan. PCCI said any long-term solution to Mindanao’s pow-er crisis however should be anchored on a hydro-diesel mix of energy sources, with hydroelectric plants as the core energy provider and diesel-fed facilities as re-serve or back-up suppliers. In this regard, the group said the region’s hydro-electric plants, particularly the Agus-Pulangi facilities, should stay in government hands. Likewise, diesel-fed power barges owned by Na-tional Power Corp. should remain under state control. PCCI said this hydro-diesel strategy will increase power costs in Mindanao by only a peso per kilowatt-hour. “Mindanao consumers will only pay for the diesel fuel when they run during the summer,” said Jose Ale-jandro, PCCI vice president. While it acknowledges the role that coal-fed plants

term solution to Mindanao’s energy supply woes should strike a balance between adding to the region’s cur-rent power generating ca-pacity and keeping the cost of electricity low. “As strategically and cor-rectly planned years before, lower power cost was the key driver in making busi-nesses locate and thrive in Mindanao and would be the a strong platform in achieving peace in the area,” he said.

generating unit online which is the 100MW fired unit of STEAG State Power Inc. “Contingency reserve is called the ‘hot reserve’ because it should be able to replace the 100MW in case it goes offline within 10 minutes which is why only the hydropower plants of Agus or Pulangi are certified to provide it,” she explained. “However, should the outage run longer than 30 minutes, we have over to switch to dispatchable or ‘cold reserve’ which used to be provided by our ASPA with TMI.” In fact, Ms. Alabanza said Department of Energy (DOE) Department Circular 2012-03-0004, mandates NGCP) to “use any and all available capacities to

RIZA O. ARES, HRM

LIFE & LIFE & LeisureLeisure

Colors & Flavors for SummerColors & Flavors for SummerSUMMER is finally here! Though we experienced some scattered rain now and then but we cannot discern the fact that it’s summertime. Time for us to go outside of our comfort zone and enjoy ourselves. When the world around is warm and bright, and the lure of nature beckons, invit-ing us to marvel at the sight of flowers abloom, listen to the sound of swishing leaves, tune in to the birds tweaking and singing, and

savor the flavors of nature’s bounty-fresh fruits, crisp greens, tasty fish and meat. I really love summer myself spending time at the beach and the mountain is totally bliss. To capture the colors and flavors of the season, here are recipes for cool salads and light meals made creamier and tastier. Whip something lighter crisp green lettuce, tuna, pomelo salad for a change from your usual salad and

pair it with kids favorite Bacon and potato burg-ers with pureed tomatoes that’s good for the skin and who can resist the mango cheesecake for dessert? Kids will ask you what’s for dinner while still eating their lunch. Share laughter, memories and a tasty meal with friends and family when you get together this summer. We would like to hear from you. For comments and suggestions please email

us at rizaares.bwm@gmail.com

BACON AND POTATO BURGERSIngredients: 3 tomatoes, peeled & seeded 3 tbsps. Minched chives 1 170g. can nestle cream combined with 1 tbsp. calamansi juice and 1 pc. Maggi chicken cube 1 cup diced bacon 1 head garlic, minced 1 egg ½ cup all-purpose flour ½ tsp. ground pepper ¾ kilo potatoes, peeled & grated ¼ cup grated cheddar cheese ½ head lettuce, shredded additional chopped chives and tomatoes for garnish

Procedure: Pure the tomatoes and onions; fold into sour cream. Set aside.Cook bacon in a skillet until crisp. Transfer bacon on paper towels to drain. In bacon fat, sauté garlic till golden; set aside garlic and reserve fat.Beat the next 3 ingredients together. Fold in potatoes and cheese, garlic and bacon. Brush large non-stick skillet or griddle with bacon fat. Heat over medium heat. Drop ¼ cupfuls of mixture onto the skillet, spacing evenly. Flatten to 3-1/2 inch diameter rounds. Cook until golden brown at the bottom for about 6 minutes on the other side. Divide lettuce among 4 plates top with the potato cakes. Dizzle sauce over cakes. Garnish with chives and slice tomatoes.

TUNA, LETTUCE, POMELO SALAD

Ingredients: 1 small lettuce, torn to pieces ½ pomelo, sectioned into bite-size pieces 1 can tuna, drained 1 tbsp. calamansi juice ¼ cup fresh orange juice 1 170g. can nestle cream Salt and cayenne pepper to taste coarsely chopped walnut or cashew

Procedure: Toss first three ingredients into bowl or arrange each decoratively in individual salad plates. Serve with a mixture of calamansi juice nestle cream, salt and cayenne pepper dressing. Top with nuts if desired.

12 BusinessWeekApril 2-5, 2012

Gawang Pinoy Ipagmalaki mo, Isigaw na Pinoy Tayo!THAT was the shout out of MyPhone’s recently released Music Video. 17 top teen stars, 3 dif-ferent network, 1 music video, 3 commercials, a dance craze, and a song that you love to hate. What are we talking about? MyPhone Online, the 1st Major Ad Campaign from the country’s leading mobile phone brand, My-Phone. Launched in both ABS CBN’s ASAP and GMA’s Party Pilipinas, the My-Phone Online Campaign led by Sam Concepcion and Julie Ann San Jose,

Richide Dequina, Kathryn Bernardo, Julia Montes

along with 15 Top Teen Stars which includes Julia Montes, Barbie Forteza, Devon Seron, Louise Delos Reyes, James Reid, Kristofer Martin, XLR8, and Janine Gutierrez (MyPhone’s latest endorser), exploded of the blocks! In what could be the Largest gathering of stars in 1 single ad campaign, MyPhone once again hit a homerun with this visually appealing Music Video, ir-resistible dance move and an oh so catchy melody.

Talk about (LSS) Last Song Syndrome, and this song/jingle is the epitome of a song which you love to hate. But the song is not just your regular pop/novelty song. MyPhone Online delivers a strong message on love, education, tour-ism, nationalism and youth empowerment. According to Richie de Quina, VP for Marketing and Business Development, the campaign is a continu-ation of its last campaign “Isang Pamilya, Isang Puso, Its MyPhone where for the 1st time, we where able to unite 20 of the Biggest Teen Stars from the 2 Gi-ant Networks (GMA and ABS) in a single Advertising Campaign which carried the message of Unite Among

the Filipino Youth. This time we went fur-ther by combining the Stars of the 3 Biggest Networks (ABS, GMA and TV5) into one youthful, energetic, fun Ad Campaign that speaks strongly about Youth Em-powerment, Love of Coun-try and Nationalism. MyPhone always puts the Filipino Consumers 1st whenever we do either an Ad Campaign or our products added de Quina. Recently we introduced the 1st and only Fake Money Detector Phone (B88) that directly benefits the Small Businesses like Convenience Stores, Computer Shops, etc. Other products features such as the Music Album Phone, Prayers, History, etc. are innovations/customized to fit the Filipino Custom and Lifestyle. The MyPhone Phone Brand recently turned 4 Years old and to no ones sur-prise, was warmly embraced by the Filipino People and is now the Leading Mobile Phone Brand in the Country. An achievement attrib-uted by Mr. De Quina to MyPhone’s vision of build-ing a World Class Filipino Brand that is attractive, innovative and affordable. But most importantly, a brand that the Filipinos can be proud of.