businessweek mindanao aug 29

28
www.businessweekmindanao.com P10.00 Issue No. 11, Volume III August 29-Sept 4, 2011 BusinessWeek BusinessWeek YOUR LOCAL ONLINE BUSINESS PAPER Primavera Residences banners Pueblo de Oro’s Green Revolution Pueblo de Oro integrates Township’s Green e-nitiatives L IVING in Cagayan de Oro is a balance of big city perks with nature at your doorstep. Such balance can be seen in the Pueblo de Oro Township’s adherence to the principles of New Ur- banism, where it is possible to work where you live. As a masterplanned, self- contained community with commercial centers and institutional areas carefully integrated with its compre- hensive mix of first-class residential subdivisions (which give residents the convenience to merely walk a short distance away to shop, study, play and work), the Pueblo de Oro Town- ship has all the means to promote balanced living. With prime residen- tial subdivisions, booming business and commercial areas, and wide areas set aside for recreation, the Pueblo de Oro Township is conducive for families. Top schools like Xavier University and Corpus Christi have also located in Pueblo de Oro, bringing quality education to the Township. In Pueblo de Oro, we are taking huge steps to help keep Cagayan de Oro green and encourage an eco-friendly lifestyle. By itself, Pueblo de Oro Township already had, from its very beginning, the wherewithal to be an eco- friendly undertaking with its 80-hectare world-class cham- pionship golf course and a 40-hectare urban rain forest, where we planeted thousands of tress in both areas. e drainage system of our golf course directs surface water and rainfall into our lakes, which serve as reser- voirs for irrigation. What we implemented as a cost-saving measure at the start now goes around by the now fashion- able moniker of “rainwater harvesting.” We have also begun maximizing the use of previously idle areas in our golf course as greens nurseries. For all our residential villages, we maintain open spaces such as parks and playgrounds not just to comply with government requirements but also to boost air circulation and so that our homeowners “We are happy to have the region’s first eco-friendly condominium in our town- ship,” said Rodolfo L. Meñes, senior vice president and general manager of Pueblo de Oro Development Corpora- tion which has developed the 360-hectare master planned mixed-use township into Northern Mindanao’s first eco-friendly real estate de- velopment. “As the first truly eco- friendly condominium in Cagayan de Oro and North- ern Mindanao, Primavera Residences is proud to carry the fire, so to speak for eco- friendly innovations in the Pueblo de Oro Township,” said Architect Romolo V. Nati, president and CEO of Italpinas (Euro-Asia Eco- Development Corp.) As the exclusive mar- keting agent for Primavera Residences, Pueblo de Oro reports it has sold over 50 percent of its available resi- dential and virtually all of its commercial units as buyers rush to purchase a hot prop- erty which now represents the cutting edge in eco-friendly technology among the re- gion’s fast growing number of condominiums. AVP Trading and Con- struction, Primavera’s con- tractor said in its latest prog- ress report construction of the innovative building is now over 30 percent complete and would proceed much faster with the tower crane and additional manpower onsite. e 10-storey twin-tower Italian-designed condomini- um is designed by ITA PROJ- ECT, an Italian architectural design firm based in Rome with a solid reputation for award winning eco-friendly buildings, and developed by Italpinas, a sustaining mem- ber of the Philippines Green Building Council. It’s the first building in Northern Mindanao to be purposely-built along the principles of sustainable ar- chitecture and boasts of novel features like the capability to generate renewable energy, reduce the temperature of internal units, and maximize shading and natural ventila- tion. Mr. Nati says these pas- sive design elements could reduce Primavera’s energy consumption for air con- ditioning by approximately 32% or around 20% of total energy consumption, di- rectly benefitting condomin- ium residents. ese include cross-ventilation, building orientation, an inner green courtyard and terrace, lou- vers and extended awnings to maximize natural light and shadow. By MIKE BANOS, Correspondent W ITH the September 1st unveiling of its Showroom, Model Unit and Office, Primavera Residences now carries the banner for the “Green Revolu- tion” that’s sweeping across Pueblo de Oro Township, Uptown Cagayan de Oro’s most progressive community. Rodolfo L. Meñes LIFE IN BALANCE PUEBLO/PAGE 13 PRIMAVERA/PAGE 13

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Page 1: BusinessWeek Mindanao aug 29

www.businessweekmindanao.com P10.00Issue No. 11, Volume III • August 29-Sept 4, 2011

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Primavera Residences banners Pueblo de Oro’s Green Revolution

Pueblo de Oro integrates Township’s Green e-nitiativesLIVING in Cagayan de

Oro is a balance of big city perks with nature

at your doorstep. Such balance can be

seen in the Pueblo de Oro Township’s adherence to the principles of New Ur-banism, where it is possible to work where you live. As a masterplanned, self-contained community with commercial centers and institutional areas carefully integrated with its compre-hensive mix of first-class residential subdivisions (which give residents the convenience to merely walk a short distance away to shop, study, play and work), the Pueblo de Oro Town-ship has all the means to promote balanced living.

With prime residen-tial subdivisions, booming business and commercial areas, and wide areas set aside for recreation, the

Pueblo de Oro Township is conducive for families. Top schools like Xavier University and Corpus Christi have also located in Pueblo de Oro, bringing quality education to the Township.

In Pueblo de Oro, we are taking huge steps to help keep Cagayan de Oro green and encourage an eco-friendly lifestyle. By itself, Pueblo de Oro Township already had, from its very beginning, the wherewithal to be an eco-friendly undertaking with its 80-hectare world-class cham-pionship golf course and a 40-hectare urban rain forest, where we planeted thousands of tress in both areas.

Th e drainage system of our golf course directs surface water and rainfall into our lakes, which serve as reser-voirs for irrigation. What we implemented as a cost-saving measure at the start now goes around by the now fashion-

able moniker of “rainwater harvesting.” We have also begun maximizing the use of previously idle areas in our golf course as greens nurseries.

For all our residential villages, we maintain open spaces such as parks and playgrounds not just to comply with government requirements but also to boost air circulation and so that our homeowners

“We are happy to have the region’s fi rst eco-friendly condominium in our town-ship,” said Rodolfo L. Meñes, senior vice president and general manager of Pueblo de Oro Development Corpora-tion which has developed the 360-hectare master planned mixed-use township into Northern Mindanao’s first eco-friendly real estate de-velopment.

“As the first truly eco-friendly condominium in Cagayan de Oro and North-ern Mindanao, Primavera Residences is proud to carry the fi re, so to speak for eco-friendly innovations in the Pueblo de Oro Township,” said Architect Romolo V. Nati, president and CEO of Italpinas (Euro-Asia Eco-Development Corp.)

As the exclusive mar-keting agent for Primavera Residences, Pueblo de Oro reports it has sold over 50 percent of its available resi-dential and virtually all of its commercial units as buyers rush to purchase a hot prop-erty which now represents the cutting edge in eco-friendly technology among the re-gion’s fast growing number of condominiums.

AVP Trading and Con-struction, Primavera’s con-tractor said in its latest prog-ress report construction of the innovative building is now over 30 percent complete and would proceed much faster with the tower crane and additional manpower onsite.

Th e 10-storey twin-tower Italian-designed condomini-

um is designed by ITA PROJ-ECT, an Italian architectural design fi rm based in Rome with a solid reputation for award winning eco-friendly buildings, and developed by Italpinas, a sustaining mem-ber of the Philippines Green Building Council.

It’s the fi rst building in Northern Mindanao to be purposely-built along the principles of sustainable ar-chitecture and boasts of novel features like the capability to generate renewable energy, reduce the temperature of internal units, and maximize shading and natural ventila-tion.

Mr. Nati says these pas-sive design elements could reduce Primavera’s energy consumption for air con-ditioning by approximately 32% or around 20% of total energy consumption, di-rectly benefi tting condomin-ium residents. Th ese include cross-ventilation, building orientation, an inner green courtyard and terrace, lou-vers and extended awnings to maximize natural light and shadow.

By MIKE BANOS, Correspondent

WITH the September 1st unveiling of its Showroom, Model Unit and Offi ce, Primavera Residences now

carries the banner for the “Green Revolu-tion” that’s sweeping across Pueblo de Oro Township, Uptown Cagayan de Oro’s most progressive community.

Rodolfo L. Meñes

LIFE IN BALANCE

PUEBLO/PAGE 13PRIMAVERA/PAGE 13

Page 2: BusinessWeek Mindanao aug 29

2 BusinessWeekMINDANAO

August 29-Sept 4, 2011

ARCHITECT Romolo V. Nati speaks on the eco-friendly features of Primavera Residences during the SM Green Retail Agenda launching at SM Cagayan de Oro August 4, 2011. PHOTO BY JON LASMARIAS

The E-shuttle in Pueblo de Oro is the fi rst electronic jeepney shuttle service in Cagayan de Oro and North-ern Mindanao.

PRIMAVERA RESIDENCES CONSTRUCTION GOES FULL BLAST. After the signing of the “Term Loan” for P130 million with Land Bank of the Philippines last March 28, Italpinas contracted Prompt Managers & Construction Services, Inc. (PMCSI) as its construc-tion manager on April 29, 2011. Rolly M. Policarpio, Prompt president and general manager, said the fi rm will exercise safety, management and quality control over the project. In the signing is PMCSI President Mr. Policarpio shaking hands with ITALPINAS Chairman/CEO Romolo V. Nati. Also in photo is ITALPINAS Vice President, Atty. Jose D. Leviste III.

Italpinas President and CEO Romolo V. Nati explains the eco-friendly features of Primavera Residences to Land Bank of the Philippines President Gilda E. Pico during a trade exhibit held at the LBP Plaza in Manila recently.

Design Elements of Special Energy AwardEnergy saving features, which went into the Special Energy Award design winner of the recently concluded Design Against the Elements (DAtE) global architectural competition, are utilized in the fi rst eco-friendly con-dominium now under construction in Pueblo de Oro Township, Cagayan de Oro City. Photo shows Architect Romolo V. Nati receiving his Special Energy Award in the Professional Category from DAtE organizer Illac Diaz during the awarding ceremonies held March 17, 2011 in Makati City.

THE Primavera model unit being showcased is a one-bedroom condominium unit with upgraded fi nishes that compares with the model units of high-rise condos in Makati. It uses minimalist but elegant furniture of Italian taste which condo unit buyers in Primavera may adopt. The architects took great care in designing the layout of the Primavera units to optimize space, increase the use of natural lighting and bring forth a comfortable and liveable space at an affordable price. “With the separation of the bedroom and the living room by a small corridor and the bathroom, maximum privacy is ensured,” according to Italpinas President and Primavera Architect Romolo Valentino Nati. “This, together with optimized space, minimalist furniture and increased natural lighting marks the unique design of the Primavera condo units,” Nati says.

TYPICAL ONE-BEDROOM UNITApprox. 32.00 sq.m.(gross area)

Page 3: BusinessWeek Mindanao aug 29

NOW OPENENMarket City, AgoraMarket City, Agora

August 15 - August 30,2011

www.businessweekmindanao.com P10.00Issue No. 11, Volume III • August 29-Sept 4, 2011

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

THE POWER CARDENERGY ENHANCER

For inquiries contact: BUSINESSWEEK MINDANAO

Tel. No. 856-33-44 / 72-53-80

Group bucks plan to hike power rates

Bambi wins 2011 Tesda national kabalikat awards

AWARDEE. The Chief of Staff of Misamis Oriental second district Rep. Peter M. Unabia, Ms. Bebeng Dumadag, extends Unabia’s congratulatory message to fi rst district Rep. Yevgeny Vincente “Bambi” Emano for winning the top awards from Tesda. Advertorial

BWM Photo by Gerry Lee Gorit

By GERRY L. GORIT, Photo-journalist

MISAMIS Oriental second district Rep. Peter Unabia has congratulated first dis-trict Rep. Yevgeny Vincente B. Emano for winning the top spot of the “2011 Tesda

CAGAYAN de Oro––Plans to build a P500-million highway leading to the new Laguindingan international airport have been endorsed to the national government by a group of public and private sector offi cials in Northern Mindanao.

Th e interagency group, the Regional Development Coun-cil-Region 10, proposed a road interchange project consisting of a two-lane elevated highway with an estimated length of 1.5

P500m hi-way eyed for Laguindingan airport

By MIKE D. BAÑOS, Correspondent

By RUEL V. PELONE, BWM Online Editor

The group said the Na-pocor and Psalm applied for power rate hike anew with the ERC to recover its stranded debts and contract costs amounting to almost P140 billion or equivalent to 40 centavos per kilowatt-hour through the universal charge (UC).

Rather than increasing the rates, the group demand-ed for a cut in electricity rates saying the country had the highest residential power rates in Asia pegged at 24.566 US cents per kilowatthour

THE PRICE OF DEVELOPMENT. Dozens of business establishments, including the Pryce Plaza Hotel in Carmen Hill, Cagayan de Oro City are losing millions of income due to the “dilly-dallying” in the construction of fl yover along Macanhan junction. Motorists and residents alike grumbled–-and have been asking why the construction took too long to complete. BWM photo by Rolando Sudaria

THE militant Freedom from Debt Co-alition (FDC) urged the Energy Regu-latory Commission (ERC) to deny the

petition of the National Power Corporation (Napocor) and Power Sector Assets Liabili-ties Management (PSALM) for rate increase saying it lacks merit and substance.

(KWH).In a statement, the group

claimed that Psalm is “hid-ing behind small numbers” because the agency’s “true and cruel intention” is to pass on the entire debt to ordinary consumers. Th is as the group sees the need for public awareness regarding the issue.

PSALM is mandated un-der Republic Act No. 9136 or the Electric Power Industry Reform Act (EPIRA) to cal-culate the amount of stranded

RATES/PAGE 11

AIRPORT/PAGE 11 AWARD/PAGE 11

THE 20-year old BS Nursing student of Capitol University, candidate no. 6, MISS ANGEL CARBAJAL was crowned Miss Kagay-an 2011 last night held at the Atrium of Limketkai Mall.

1ST RUNNER UP was Can-didate No. 8 Miss Jamie Joy Bantique, 2ND RUNNER UP was Candidate No. 12 Miss Christel Valdehueza, 3RD RUNNER UP was Candidate No. 4 Miss Elaine Roselle Aquino and 4TH RUNNER UP was Candidate No. 9 Miss April Hernandez.

CAGAYAN de Oro Mayor Vicente Emano has announced that Ayala is planning to construct a 24-sto-rey high-rise condominium in the city next year.

Emano said the construc-tion of a condotel called Avida, a brand of Ayala Land residential development, will boost the city’s economy and provide more jobs for the local residents.

The mayor said that he learned about the project when Ayala engineers visited him.

Lorebeth Requiroso

THE Ayala Land and the Ultracraft Advertising have come up with certain terms in regard to the plan of Ultracraft to construct a pedestrian overpass across Claro M. Recto in Cagayan de Oro.

Earlier, the Ayala is opposing the construction of an overpass in the area claiming it will affect the design of its ongoing mall construction.

However, Ayala has given the Ultracraft the “green light” to con-struct the overpass on condition that the Ayala will do the design.

Condotel

Overpass

ANGEL CARBAJAL

Beauty tilt

Page 4: BusinessWeek Mindanao aug 29

2 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011

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This was bared after business groups in Mind-anao called for more public-private partnership projects to boost economy in the island.

Th e Mindanao business

Laguindingan airport tops gov’t priority infra projectprojects would develop the business and economic po-tential of Mindanao.

Other PPP recommen-dations will be discussed and finalized during the said conference as part of a Mindanao Policy Agenda they will submit to Presi-dent Benigno S. C. Aquino III at the end of the summit.

“Th e focus this year will be on public-private part-nerships, particularly in the tourism, infrastructure,

mining and agribusiness sectors,” Mercedes Lourdes S. Quisumbing, president of the Pagadian-Zambo-anga del Sur Chamber of Commerce and Industry Foundation, Inc., said in a statement yesterday.

The Pagadian confer-ence will be held Sept. 7-9 with the theme “One Global Mindanao.” The business confab will focus on poli-cies and steps needed to improve Mindanao’’s com-

petitiveness in the export market, particularly agri-culture-based products. It will also expound Mind-anao’s potential to attract foreign investments in min-ing, tourism, and business process outsourcing.

“But to secure Mind-anao’s place in the glob-al economy, we have to achieve a higher level of regional economic integra-tion-and, in that regard, public-private partnerships

are crucial,” Ms. Quisumb-ing said.

Th e annual event will be hosted by the Pagadian chamber and city govern-ment, together with the Philippine Chamber of Commerce and Indus-try (PCCI), Mindanao Development Authority, the Zamboanga del Sur provincial government, and the US Agency for In-ternational Development.

Through the Growth with Equity in Mindanao program, the US govern-ment has been instrumen-tal in building small com-munity infrastructure, supporting livelihood and education enhancement projects in confl ict-aff ect-ed areas as part of a wider eff ort to address the roots of terrorism on the island.

Edwin Capili, PCCI vice-president for Mind-anao, said in the statement that the upcoming summit is “where business leaders, policy makers and inves-tors meet for the purpose of making Mindanao a better place in which to do business.”

Other projects for the island included in a tenta-tive list are development of a Mindanao railway system and Kabulan 2 Multipurpose Irrigation and Power Project at the border of Sultan Kudarat and Maguindanao.

THE Public-Private Partnership (PPP) Center has listed the privatization of the operation and maintenance of

Laguindingan Airport in Northern Min-danao as one of the government’s priority infrastructure projects.

groups met on Th ursday to announce the 20th Mind-anao Business Conference slated in Pagadian City, Zamboanga del Sur next month.

Th ey said that more PPP

Page 5: BusinessWeek Mindanao aug 29

3BusinessWeekMINDANAO

August 29-Sept. 4, 2011CompaniesCompanies

TAN BUILDING (ORANGE COLOR)C.M. RECTO AVENUE, LAPASAN HIGHWAY9000 CAGAYAN DE ORO CITY

GLOBE Business kicks-off a fresh round of Negostar Fora nationwide as a means to help owners and managers of Small and Medium-scale Enterprises (SMEs) fi nd ways to simplify their business operations.

Aft er a successful launch of the fourth wave at the Makati Shangri-La Hotel last August 16, the Globe Nego-star Forum headed to Tarlac last August 18 and Cebu last August 19. On August 23, Globe Business will be hold-ing simultaneous Negostar Fora at the Marco Polo Hotel in Davao City and Island Cove in Binakayan, Kawit, Cavite. Th e Negostar Forum then caps the month of Au-gust at the Heritage Mansion in Baguio City.

“Globe Business provides a complete suite of wired, wireless and broadband so-lutions to small and medi-um-sized enterprises. As a one-stop-shop for all the communication needs of en-trepreneurs, we put together mobile voice and data as well as broadband services in one package that’s customized for the needs and requirements of each client. We created these solutions especially for the SMEs to give them the added boost that they need to optimize their processes and serve their clients better, “said Manny Aligada, Head

Negostar forum helps entrepreneurs keep business processes simple and easy

Oro Chamber President Antonio Uy listens to Globe Business account manager during the launching of Negostar forum. The Globe Business launches the forum to help owners and manag-ers of small and medium-scale enterprises fi nd ways to simplify their business operations.

of Corporate and SME Segments at Globe Business.

Globe Business’ Account Managers provide consultation to entrepreneurs, customizing solutions suited to their unique needs. Today, they highly rec-ommend the new Negostar deals that will help SMEs achieve cost-effi ciency. SMEs can save as much as 50% in the new Negostar Bronze deal that off ers three Nokia 1616 phones with three

postpaid lines for only P719 every month. Th e three lines, called Negostar Mobile Trio, get free 300 texts to all net-works and are treated as one account so business owners get just one bill.

Globe Business also offers the new Negostar Silver plan that gives as much as 39% savings to SMEs. For only P2,319 per month, they get a postpaid plan with a new Nokia C1-

NEGOSTAR/PAGE 11

Page 6: BusinessWeek Mindanao aug 29

4 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011 CompaniesCompanies

Project Knowledge is a project by the stu-dents of the University of the Philippines and the Knowledge Channel Foundation (KCFI) to support the education of needy students.

Th e foundation aims at improving the lives of poor Filipino children by

SUN LIFE - Ms. Carla Gonzalez, strategic marketing manager of Sun Life Financials (SLF), tells members of the Cagayan de Oro media, Thursday, how her company has been able to turn a lot of people’s lives brighter under the ‘sun’. Among others, she cited Education Advocate Piolo Pascual, Retirement Planning Champions Anton and Armand del Rosario, Mutual Fund Investor Bam Aquino and Insurance Benefi ciary Pia Magalona. At the head table are (l-r) SLF Cagayan de Oro Unit Manager Marie del Castillo and SLF Licensed Financial Advisor Ged Martin del Castillo. (BWM/MDB Photojournal-ist Rolando Sudaria/jdelpf)

Aquabest, GQWEST support ‘Project Knowledge’

Aquabest’s Joel Cruz, Marketing and Communications Manager and Almira Antiporda, Corporate Com-munications Head signs contract with Knowledge Channel at Aquabest Main Offi ce.

AQ U A -B E S T a n d G Q W E S T ,

Inc., its mother com-pany, have expressed their full support to the “Project Knowl-edge.”

helping provide quality education for them.

For the past 10 years,

the Foundation has been working towards this mis-sion through the Knowl-edge Channel (KCh).

KCFI provides public schools educational TV facilities at no cost to them.

So far, 2,000 schools reaching 2.9 million stu-dents have been provided with access to Knowl-edge Channel and its pro-grams.

“Education is the key to improving the lives of numerous less fortu-nate children the edu-cation they receive will be more important than any other assistance in preparing them to suc-

ceed in life. Th at is why we are proud to support Project Knowledge,” said Carson Tan, the CEO of GQWEST.

In supporting the proj-ect, the company in coop-eration with the students and the KCFI set up a Facebook fan page for the project.

For every like the page will receive, Aquabest will donate fi ve pesos to the foundation. To support the project, simply log onto Facebook search the Project Knowledge and press like.

For more information on the project please vis-it, http://www.facebook.com/projectknowledge.

So come on and make a diff erence in the lives of these children support Project Knowledge.

HAVE regulators tossed the ball to Malacanang Palace? The question arose on Thursday, after the National Telecommunications Commission did not issue a decision on the share swap deal between Philippine Long Distance Telephone Co. (PLDT) and Digitel, which earlier set a self-imposed deadline to close the transaction by August 26.

“It’s not here anymore. The ball is in the hands of a more powerful agency than the NTC [National Telecommunications Commission]. Mala-canang has spoken,” said an offi cial familiar with the deal

In the Palace, offi cials signalled that the President had taken an ac-tive role in the matter. “We are going to study the planned merger based on public interest, not based on the interest of any group,” presidential spokesman Edwin Lacierda said earlier on Thursday.

Lacierda said the August 26 transaction closing date set by the two companies has no bearing on the government review of the proposed merger.

“We are studying it carefully and judiciously,” he added.The NTC, which conducted a series of hearings and two weeks ago

started its fi nal review of what has been described as a “game-changing” transaction, has yet to formally approve the P69.2 billion merger.

The deal, PLDT offi cials had said, will allow the public better access to Digitel’s mobile unit Sun Cellular, which pioneered in so-called “un-limited” offerings that forced its bigger rivals Globe Telecom and PLDT’s Smart to follow suit.

Sun Cellular currently has 15 million subscribers and nearly 7,000 cell sites.

Digitel’s fi xed line operations will also add some 450,000 subscribers to PLDT’s 1.8 million subscribers.

NTC commissioner Gamaliel Cordoba said the agency is still working on a comprehensive review of the transaction and this is why no meeting was held among NTC commissioners on Thursday. Earlier, NTC sources said an announcement cannot be made until after the en banc has met.

Cordoba simply replied “I don’t know,” when reporters pressed him on whether the NTC will hand down its decision Thursday, and declined to confi rm if regulators were awaiting Palace direction.

He said the NTC wanted to make sure “that our eventual decision is in conformity with existing laws and would promote the national interest.”

After all, he pointed out, the ongoing review still falls within the fi rst month of the 90-day period within which the law requires the NTC to decide on petitions submitted to it for resolution.

The memoranda of the parties were fi led only in July 27. He noted, and added, “We will inform the public of our decision as soon as we complete the evaluation process.”

PLDT chairman Manuel V. Pangilinan was earlier quoted as saying that if regulatory approvals cannot be obtained by August 26, he may seriously consider abandoning the deal. But he stressed it was just his personal view, and that he had not talked to the Gokongweis of Digitel at that time.

The NTC hearings had dragged on after PLDT rival Globe Telecom questioned the deal, despite admitting that it also earlier tried to buy Digitel, in negotiations that fell through on pricing issues. The closing date set by PLDT and Digitel was twice reset as a result of the long-drawn process: from June 30 to July 31; and from July 31 to August 26.

When asked for comment on the NTC’s non-issuance of a ruling just one day to go before August 26, PLDT regulatory affairs and policy head Ray Espinosa said, “We cope.” InterAksyon.com

No NTC ruling yet on PLDT-Digitel deal

Page 7: BusinessWeek Mindanao aug 29

5BusinessWeekMINDANAO

August 29-Sept. 4, 2011CompaniesCompanies

Page 8: BusinessWeek Mindanao aug 29
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Page 10: BusinessWeek Mindanao aug 29

8 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011

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MARLON DOMINGOCIRCULATION

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BusinessWeekBusinessWeekYour local online business paper

ALLAN MEDIANTEEXECUTIVE EDITOR

OpinionOpinion

Greener business meetings

Rural banking

SINCE former US Vice President Albert Gore hit the limelight for his “the inconvenient truth” revelations, discussions on the principles of sustainable development and the environ-ment tops the agenda of many business meetings.

In Congress, laws are passed to slow down pollution and carbon dioxide emissions. A lot of scientifi c research and staff resources are spend trying to fi nd solutions and put teeth to legislative works relevant to the protection of the environment. Local politicians and offi cials in the government bureaucracy identify themselves with a green cause and ride the bandwagon of the environmental protection.

Even the powerful and rich countries are allocating capital expense to discover renewable energies. Huge budget from the American and European taxpay-ers money are allocated for space program racing against time to explore the universe. Solar energy is tapped in search of life in the other planets that are seen and maybe detected only by the hobble Telescopes or satellite photos. Beyond what the naked eyes can see with

THINK a minute.Winston Churchill was

65 years old when he fi rst became England’s Prime Minister.

It was May of 1940 and England’s military was not well armed or prepared for war.

So when Hitler’s huge, powerful German army was planning to attack the British Isles, most military experts expected Germany to easily defeat England in no time.

But t h e s e e x p e r t s could not imagine that in only 7 months, Winston Churchill would change the history of England and the entire Western World.

During those 7 months, when the families of Great Britain gathered in their living rooms to listen to

THE importance of rural banking in the Philippines cannot be overemphasized.

Rural banking, aft er all, seeks to expand the economy in the countryside by pro-viding people living in the rural communities with basic fi nancial services.

In our country, the Ru-ral Bankers Association of the Philippines (RBAP) was organized to foster goodwill and mutual understand-ing among rural bankers—enabling them, in turn, to promote the interests of and off er quality services to the communities wherein they operate.

Th e RBAP was founded in 1955 for the following reasons: to promote the gen-

Bring out the besttheir leader over the ra-dio, their feelings of fear and hopelessness were soon replaced by great confidence, hope, and victory.

Why? Churchill knew just

how to get the English people to believe in themselves—in their own cause and abilities. And defeating Germany’s powerful army became England’s fi nest hour!

It’s been said: “Peo-ple who feel good about themselves do their best.”

Whether it’s at work on the job, at home with their mate and children, or with friends.

So if you want peo-ple to change, you’ve got to help them believe in themselves so they will

want to change and do their best. But when we criticize and shame our children, our wife or husband, or people we work with, we only hurt them and tear down their self-confidence. So why should we expect them to do better when we’ve made them believe they can’t!

We all do our best when we feel good about our-selves. That’s why a suc-cessful businessman says: “Instead of catching people doing something wrong to criticize and punish them, try to catch people doing something right and praise them for it. Th en they will want to keep doing that right thing and always do their best.”

Th is is why Jesus Christ commands us to love others as yourself. Make others feel

good about themselves the way you want to feel good about yourself.

So won’t you ask Jesus to forgive you for your past and for treating oth-ers wrongly? Then ask Him to start changing your heart, so you can not only become your best, but you will also bring out the best in others.

Just Th ink a Minute.

the volume of scientifi c data’s that are understood only by scientist and other experts in inter planetary studies. Why the continuing saga of space exploration? Could the biblical prophecy be already unfolding?

Whether the world will end in 2012 or at the penultimate of the 21st century, many prophets of dooms are already cashing on the “raptures” due to the degradation of the environment and reduction of the ozone layer telling people to repent for the last judgment. Will planet Earth explode or asteroids collide and rain fi re on the sky?

Ordinary mortals l ike us and sinners like me are scared because we are not prepared that we might not go to heaven. But whether we go to hell or sit down at the right hand of the Father, we will do our share of protecting the environment and slow down climate mitigation while we are all still living. We also have a choice either to plant trees or trek to the mountains to catch the illegal loggers?

Many companies and

business establishments in the retail trade conducts staff meet-ings and spend a day without using plastics to introduce the alternative of paper packaging or the use of bio-degradable or recyclable materials. Hotels ask their guests if they can forego daily change of towels and linens that are not soiled or discarded to the fl oor to conserve water and reduce discharge of chemical detergents to the underground aquifer. Communities submit to car pooling to minimize vehicles running in the streets and reduce burning of fuel.

In the agricultural sector, lesser dependence to fertilizers and shifting to organics are gain-ing grounds.

While in the industrial practic-es, the use of bio-fuel is pursued vigorously and now a reality as the government and power plant investors are shifting to renew-able sources of energies to power the industries.

Technocrats think we may not be doing enough and may infl uence our legislators to tinker with our constitutional provisions for amendments to remove the no nuclear zone prohibition and pave the way for nuclear energy.

Nuclear power plant is risky and expensive but according to experts, it has less carbon emission to the environment.

Greener business meet-ings are producing results for the economy. It has already influenced the eco-tourism industries and expected to play a major source of revenues for the use and marketability of domestic environmentally friendly products. It could bring in the environmentalist and the foreign market to explore rural communities.

With what the countryside adventures and natural resourc-es attractions can offer, this may be a solution for poverty alleviation by creating more jobs and contribute to the signifi cant growth of tourism.

eral welfare and safeguard the common interests of rural bankers; to work for the proper and eff ective imple-mentation of the laws and regulations on rural banks; to study and devise ways of making rural bank facilities more responsive to the needs of the people in rural areas; to act as a medium in the dissemination and operation of rural banks; and to initiate and develop a program of activities to stir up rural bank consciousness.

According to BSP Gov-ernor Amando M. Tetangco, Jr., the RBAP and the Bangko Sentral ng Pilipinas have a long history of cooperation in advancing the rural bank-ing sector.

Tetangco emphasized that the rural banking industry plays a special role in ac-celerating economic growth while maintaining price and fi nancial stability.

Th is role is highlighted in rural bankers’ deep involve-ment in the BSP’s fi nancial inclusion eff orts, which seek to expand access to fi nancial services through multiple, innovative, and safe channels for more Filipinos—especial-ly our previously “unbanked” countrymen.

The BSP has expanded the reach of microfi nance services that can be off ered to the rural banks’ target market, in recognition of the varying needs of their client-base in the countryside.

Aside from microenter-prise loans, the BSP now recognizes micro-housing loans (Circular 678), micro-agri loans (Circular 680), micro-insurance (Circular 683), and micro-deposits (Circular 694).

Th e BSP also issued Cir-cular 694 in October 2010, which allows any qualifi ed bank to set up physical offi c-es in areas where it may not be economically feasible to put up a full-blown branch. Such scaled-down offices will enable the unbanked and underserved to access financial services such as loans, savings, remittances, electronic money conver-sion, bills payment, pay out services, and limited

foreign exchange purchases.I congratulate the new

offi cers of RBAP for the year 2011-2012: President Ian Eric S. Pama; VP for Luzon Anto-nio O. Pasia; VP for Visayas Enrique P. Abellana; VP for Mindanao Vittorio Z. Alma-rio; Treasurer Reginald L. Ocampo; Assistant Treasurer Vicente R. Mendoza; Corpo-rate Secretary Atty. Edward Leandro Garcia, Jr.; and As-sistant Corporate Secretary Wilner A. Palacios.

I also congratulate RBAP’s new board of directors: Ar-mando B. Bonifacio, Rene M. Sayo, Orlando F. Cervantes, Aurelio B. Villafl or, Milagros C. Florin, Rosario Ong Velos, Marynoll A. Brasileno, and Remedios Calderon.

I wish RBAP all the best in achieving its vision of set-ting the standards for innova-tion and excellence in rural banking that are recognized around the globe.

Note: You may email us at [email protected]. Past articles may be viewed at http://speakingout.ph/speakingout.php.

Page 11: BusinessWeek Mindanao aug 29

9BusinessWeekMINDANAO

August 29-Sept. 4, 2011Views.OpinionViews.Opinion

By REY and FRANCIS THAISE CIMENE

Managing a business expansion crossroadVERY much like life, business owners fi nd themselves in some form of crossroads. Some situ-ations would need minor deci-sions but some can be “business threatening.”

The digital age was a cross-road for Kodak who became the stellar company on fi lm and print development. Did Kodak survive when it got to the crossroad? Look around you and see the number of Kodak Express you still see offering printing from USB’s, CD’s and simply from out of your cameras and mobile phones.

One of the more difficult crossroads a business faces is expansion. One case study in New York Times aptly puts expansion crossroad this way, “Looking to Expand but Fear-ing It.”

Are we really apprehensive about expansion? Which route do we take? Do we establish our own stores and have organic growth? Will dealers/multi-level

IT was really impressive when I was in Cagayan de Oro City in Mindanao during a week, from 16-21 August 2011. It was my second chance to stay in the Philippines.

I was one of the speakers of the international confer-ence organized by Liceo de Cagayan University with the Philippines Association of Institutional Research (PAIR) organization.

All participants both from throughout Philippines and other countries were so en-thusiastically enjoying the discussion during the confer-ence. Not only some topics presented by the partici-pants in that conference that made us delighted, but also the awards awarded to the awardees. Th ere were some kinds of awards given to the participants.

For example, the diamond award, gold award, silver award, and many others.

What made me surprised was one of the kinds of awards was the award of the best dressed by the participants during the oral presenta-tion. This award, to me, is very unique and attractive, because frankly speaking, I

THE past few days had been very busy for both of us like managing the offi ce, attending conferences, going to the doctor twice, and attending children’s school functions. Such were the predicaments that at the end of the week, we’ve come to ask the basic question: Do all these really matter?

When you are hit with this kind of question, you know it is time to pause and refl ect before the activities in life become a chasing aft er the wind. We are pretty sure many people come to ask the same question. For some they really take time to refl ect and fi nd answers to this question while for others, like the escapists, they just shrugged it off and say “I’m too busy to be bothered about such things!” Th ey put more activities into their life so that they can escape this haunting reality of a life that is just a chasing aft er the wind.

An excerpt from a poem written by anonymous author goes this way:

• What will matter is not what you bought, but what you built: not what you got, but what you gave.

• What will matter is not your success, but your sig-nifi cance.

• What will matter is not what you learned, but what you taught.

• What will matter is every act of integrity, compassion, courage or sacrifi ce that enriched, empowered or encour-aged others to emulate your example.

• What will matter is not your competence, but your character.

• What will matter is not your memories, but the memo-ries that live in those who loved you.

• What will matter is how long you will be remembered, by whom and for what. Living a life that matters doesn’t happen by accident.

It’s not a matter of circumstance but of choice.Choose to live a life that matters.Indeed, choosing a life that matters will simplify the

way we invest our life. Yes, life is too precious to spend it for something that will not last. Wisdom says we need to invest it for eternity and that is by living our purpose. Let’s read Life’s Manual—the Bible and get to know the life that really matters.

----------------------We commend the Capitol University Alumni Associa-

tion, Inc., under the dynamic leadership of Mr. Cliff ord Jose G. Roa, the CUAA, Inc. President, and the Red Cross for the success of the Free Medical and Dental services given to the residents of Barangay Puntod last August 21, 2011. As a member of the Capitol University Family, there is no greater joy than to see the Institution’s Mission and Vision fulfi lled in the life of its graduates. Th at’s choosing to live a life that matters!

Chasing aft er the wind

EXTREME hardship will never thrive in places where there are Filipinos. The reason is they help one another in time of diffi culties and no one ever wallowed so hard because of hunger.

Helping one another is an old. old trademark of our race, a thing that is hardly seen in other nationalities. We are known by that emblem of kind-ness and affection towards our fellowmen. And we extend our beautiful attitude not only to our brothers but even to strangers who are in dire need of as-sistance.

In the U.S.A. whe otre re-cession is directly affecting everyone, Filipinos come to the

Filipinos are ready to help

My impression during my stay in Cagayan de Oro

DR. DJUWARISTIE Perbanas (College of Economics and Business)

Surabaya, Indonesia

have been involved in some international conferences for years but the award of hav-ing the best dressed is really new one.

Th at was about the con-ference. Again, the other thing that made me im-pressed was the people in Philippines. Th ey, physically, look the same as the Indone-sian people. This made me feel at home in Philippines. However, sometimes I found a unique problem. Every time I went out, especially for shopping in SM Plaza, the people around there tended to speak in Filipino. For ex-ample, when I was paying the goods I bought in front

of the cashier, the cashier lady spoke to me so quickly in Filipino explaining that I could get the discount price. Since she spoke so quickly in Filipino (because she thought I am Filipino) I got confused and then I told her, I am from Indonesia.

Fortunately, it was not so diffi cult to fi nd people in that crowd to speak English. The cashier then directly explained to me in English, telling that I could get the discount price. In fact, it was coincided by the three-day-discount price promoted by SM Plaza. Th erefore, during that day, the plaza was so crowded; even we had to queue in almost two hours. Many people went to plaza for shopping. This means also that Filipinos are like Indonesia. Th ey like spending money for consumers’ goods.

Th e last impression was about the Pryce Plaza hotel with its staff. In this case, there was something that happened to a friend of mine from Philippines, Prof. Dr. Angelica M. Baylon. After dinner with me, she went directly to her room, while I went out to SM plaza again

with my friends to buy some souvenirs. When I went back to the hotel, I had a chat with Dr. Angelica in the lobby. I asked her what happened to her, because she looked confused. At that time, she lost her cellular phone. I tried to help her to search in the tables around the dinner hall which was already dark because of late at night.

After about two hours, we could not fi nd the cellular phone. I decided to let Prof. Dr. Angelica Baylon take a rest for a moment and think of some idea about searching the other places somewhere in that Pryce Plaza hotel. Just a few minutes aft er this mo-ment, there was a staff from the restaurant of the plaza coming to approach us. He told that the cellular phone was left on the dinner table and he kept it for safety. He gave it to Prof. Dr. Angelica M. Baylon. It was really im-pressive! See you again next time the Philippines!

Dr. Djuwari is one of the speakers in PAIR interna-tional conference held by de Cagayan University at Pryce plaza hotel, de Oro city, Min-danao, 16-20 August 2011.

aid of our fellowmen who are terminated from work. Help in whatever form come fl ying to ends

So many of our brothers who lost their jobs, lost their cars, lost their homes – - found joy and pleasure in the hands of friends and relatives who came to their rescue. Others help fi nd jobs for our fellowmen who need it badly and even offered to do things for their families. Help come in various kinds like foodstuffs, cash, car service and others. And these kind of help run through until the man in the house gets employed agin.

And this nice gesture which is famous in our race are not

habitually taking place only in the U.S.A. but it is also practiced in such far places like European countries where there are a lot of Filipinos as well as in the MiddleEast and Asian countries.

It is widely and strongly felt in the home country where Filipinos breath the same air every moment of their lives. No one was ever reported to have died of hunger or related therewith. In time of crisis in the homes, there is always a friend or a relative who would come to the rescue.

Every Filipino had been test-ed and proven to have extended an assistance to someone in crisis. It happened many times in the past when hardship come

to someone and always there is help that come. It is a sort of love and affection that are deep in the blood of every Filipino that drive him or her to come to rescue someone in need. It looks like part of a heritage or culture that has been there ever since.

marketing do? Can we look at franchising as our route to expansion?

As you will see we are staunch advocates of using fran-chising as a route to expansion. The numbers should convince the business owner to take a hard look and see why franchising can be the expansion route to take at the crossroad. In the Philip-pines alone, there are over 700 homegrown franchise systems operating. These systems have grown from one or two branches to hundreds and even thousands. Franchising has been referred to worldwide as the “single most successful way to expand”.

What are the usual fears of a business owner thinking to grow through franchising? These are some of the many questions I am asked when I sit down with entrepreneurs: Will they take care of my business the way I took care of it? Will the quality of my products remain the same?

How will I handle franchisees? Will they demand from me all ads and promotions like the big franchisors? How will I build my organization to support the fran-chisees? You think I will not get to court case with my franchisees? Will I really understand what franchising is all about? How do I manage business owners like me?

While the questions and fears maybe an unending list, the fact remains, business own-ers like you have arrived at the crossroad and have decided to take the franchising route. You only have to look around and visit the malls and to see the number of franchised branches operating.

Managing the business crossroad can be tough as there will be numerous fears and dis-senting opinions on the road to take. But how have entrepre-neurs turned franchisors man-aged the crossroad?

They went back to basics,

clarifi cation of their goals both short and long term. Most of our successful clients had single and unwavering commitment to their business concept. Theirs was the courage to push their businesses to levels higher than where they are. The fl ip side of this com-mitment is confidence in the potentials of their business. This enables them to take on most of the opportunities that come their way even with unforeseen future. They will take the “leap of faith” for their business.

Their commitment to the business extends beyond their own margins and profitability, they desire success and fi nan-cial returns for franchisees that they will have. It is not strange for some of them to say to us, I am willing to compromise my company’s gross margins just so my franchisees recover their investment shorter so they will happy. Successful franchisors realize that the success of their

brand highly depends on the suc-cess of their franchised branches and ultimately their franchisees.

Managing business expan-sion crossroad will also imply that entrepreneurs possess the openness to a completely new set of experiences they will face. They actually look forward to these and they are eager to learn anew. Whether it be talking to franchise applicants or opening stores of franchisees or even having dialogue with problematic franchisees, these franchisors look at them as new expansion experiences that will assist them strengthen their brands. This openness can be challenged more particularly when one has franchisees suggesting new products and services. Will they feel threatened or will they validate their suggestions? Some successful products of Mc Don-ald’s came from the suggestions of its franchisees.

Entrepreneurs have alterna-

tive ways of managing business expansion crossroads and if you are at this point in your business, I suggest you learn from the experience of those that have managed their expansion cross-roads. You may take a different route but at least you know what you are giving up.

I would like to hear from you. You may e-mail me at [email protected].

Page 12: BusinessWeek Mindanao aug 29

Northern Mindanao, Caraga and Western Mindanao.

“Another newbie in this year’s MYOH are the crystal charms with dangling crystals and top mix straps” she added.

My ex-girlfriend Gardy mixed and matched hot pink/fl uorescent green mixed color straps with purple soles and

embellished with yin-yang (she likes Feng Shui!) and I Love PH pins. My fashion consultant (that’s Trisha for you!) helped me put together a “Nude” (!) sole with brown straps and I Love PH pins en-semble that’s simply just Hot! Hot! Hot! Th anks Trish!

After a personalized guided tour of the venue, we stopped to have our mugs taken at the MYOH photo wall featuring, you guessed it, travel cards from all over the world’s fashion capitals!

We spotted other early bird Havaianaticos who never fail to join this annual pilgrim-age busily going through the agonizing ritual of mixing and matching (and ending up with multiple pairs) like Ria Ledesma and Michelle Ang of Limketkai Mall, jet setter’s Jay Roa Pascual who just fl ew in from Bali, Warren Lam Go, Newly weds Mr & Mrs John Pascual, Michelle Francisco of Luxe 1111 and Route 11 (didn’t’ see the Senator-to-be Elmer though), MagTV Host T.J. Monterde shooting his spiels with Parasat TV Production Manager Gean Tulang-Cesar and Fashion Institute’s Instructor Dirkie Roa Dabbay.

brand’s conviction, the 6th an-nual Make Your Own Havaianas

10 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011 FeaturesFeatures

THOSE iconic fl ip-fl ops from Rio are at it again!

Long equated with fash-ionable travel, Havaianas took the next logical step for its annual Make Your Own Havaianas (MYOH) by paying homage to the fashion capitals of the world.

“Havaianas has the ‘Always Summer’ campaign for 2011. It’s all about celebrating the joy of summer and the fun, carefree vibe that it yields all year round. To strengthen our

Th e Night Stalker:Oro Flies in Style with Make Your Own Havaianas 2011

brings people closer to the countries that celebrate style across the globe,” says Anne Gonzalez, Managing Direc-tor of Havaianas Philippines. “Last year we sold about 8,000 pairs and it gets big-ger and better every year, so we hope to top that again this year.”

This year’s edition of MYOH in Cagayan de Oro was held from August 12 to 14 at the Rotunda, Limketkai Mall with the Havaianatico

Faithful coming in fl ocks as if to an annual pilgrimage.

And what a pilgrimage it was through the world’s fash-ion capitals!

From the travel announce-ments over the PA system to the x-ray scanners, hot red fl ight attendant uniforms to the “luggage conveyor” where

Havaianaticos got to mix and match their soles and straps, the travel capitals motif was bursting all over the rotunda with the trademark Havaianas ca c’est chic and elan.

“This year’s MYOH of-fered travel-inspired designs on the MYOH Estampas soles (a limited edition sole avail-able in Top and Slim designs made to look like a ‘jetsetter’s passport’ hence Estampa) and iconic pins from fashion capi-tals around the world (Manila, Roma (Coliseum), New York, Paris, Australia, Sydney, To-kyo, London and Rio,” said Trisha Tamparong, managing director for Spruce Design-er Network, the authorized Havaianas sub- distributor for

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Page 13: BusinessWeek Mindanao aug 29

11BusinessWeekMINDANAO

August 29-Sept. 4, 2011

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debt and stranded con-tract costs of Napocor, said the FDC on its news release published on its website.

It added: “EPIRA defi nes stranded debts as any unpaid fi nancial obligation of Napo-cor that has not been liqui-dated by the proceeds from the privatization of its assets.”

On the one hand, stranded contract costs are those excess contracted cost of electricity under eligible contracts over the actual selling price of the contracted energy output of these contracts in the market.

In their petition, said the FDC, the Napocor and PSALM seek the approval of stranded contract costs por-tion of UC in the amount of P74.298 billion to be imposed at the rate of P0.3666/kWh, and stranded debts portion of UC in the amount of P65.019 billion at the rate of P0.0313/kWh.

The petitioners seek to impose these additional rates to customers of the Luzon, Visayas and Mindanao grids. They await the issuance of provisional authority in order to start charging electricity consumers with these addi-tional rates pending approval of their petition.

Job Bordamonte, FDC power campaign coordina-tor, said that privatization of assets held by government-owned entities––in this case Napocor––“strands” certain costs. Th is is because obliga-tions incurred in pre-existing expenses/debts pertaining to acquisition and maintenance of those assets would have been recovered by Napocor through its return-on-rate-base (RORB).

“But these could no lon-ger be recovered when the assets were sold to private entities and could no longer be operated by Napocor for electricity-generation,” said Bordamonte.

In its intervention, FDC cited a paper by William J. Baumol and J. Gregory Sidak published in the Harvard Journal of Law and Public Policy (Volume 18, Number 3, Summer 1995), explain-ing that these costs represent expenditures incurred in the past while meeting its obliga-tion to serve all customers within the area in which it holds an exclusive franchise.

“However, the entry of competitors who are not burdened by such inher-ited expenses can prevent the utilities from recovering those costs,” FDC said.

The ERC has denied PSALM and Napocor’s fi rst petition on 15 November 2010 due to their failure to substantiate their application for proposed rate increase. Th e original amount of the said application was P573 billion for stranded debts while stranded contract costs was around P22 billion and P26.865 billion. FDC was one of the many opposed to the said application.

Ho w e v e r, F D C h a s learned during the budget de-liberation last August 9 at the Lower House that PSALM’s most updated debts continue

to surge, amounting now to $17 billion or P729 billion (P42:$1). FDC believes that a series of applications is still being worked out by PSALM and Napocor until the entire amount is paid for by con-sumers.

In addition, FDC said that the petition on stranded debts tends to lump all types of Napocor losses together to be paid for by electric-ity consumers through the UC. “Th is opens the door to double recovery for Napocor, such as actual and/or con-structive recovery through its regulated rates and recovery through the UC,” FDC said.

According to FDC, “most of the amount in the latest applications does not have any relations to our legitimate usage of electricity because these are mainly financial obligations in the form of debts which are being borne-out over the past years of government incompetence, mismanagement and wrong policies that continue to ag-gravate the lingering prob-lems of our national debt as well as our power industry.”

FDC said that despite the EPIRA’s formula of selling government assets, imposing various additional charges, and assuming P200 billion of Napocor debt, the debts of Napocor and PSALM con-tinue to balloon while the lives of ordinary consumers have worsened in the last ten years under the EPIRA law.

FDC said the present ad-ministration must acknowl-edge that this is no longer a business-as-usual approach in relation to the issue of ever-increasing power rates which are being left alone in the hands of ERC commis-sioners.

Invoking President Be-nigno S. Aquino III’s slogan of “matuwid na daan,” FDC said that this is a matter of national survival and that the need for a debt audit and can-cellation of onerous Napocor loans are urgent.

Airport...from page 1

1.5 kilometers, coordina-tor Jaime H. Pacampara said.

Th e road will include a 25-ton, 60-lineal-meter bridge, Mr. Pacampara said.

Th is should address traf-fic congestion prior to the airport’s opening which could be next year, he said.

Plans for another road said to be complementary to the airport, meanwhile, has moved forward aft er the Cagayan de Oro City coun-cil agreed to expropriate a private property lying in the highway’s path, Rep. Rufus B. Rodriguez (2nd district, Cagayan de Oro) said.

Th e P1.2-billion Cagayan de Oro Coastal Highway whose fi rst phase runs from the Bitan-ag Creek in San Juan, Lapasan to Barangay Puerto is seen to be a four-lane concrete highway with a four-meter jaywalk.

It will ultimately link the Puerto flyover now under construction with the Pun-tod-Bonbon Th ird Bridge.

Intra-city traffi c will have a bypass road through which they can quickly negotiate the

city from east to west.Emmanuel D. Abejuela,

city council committee on infrastructure, said the city government would pay the property owner with the fair market value of his property.

He also committed to initiate an ordinance that would compel truck and bus operators to use the coastal superhighway when traveling through the city from points outside it.

Th ese proposed highways come on top of other plans to improve roads in the region.

Cagayan de Oro is also looking to complete by the end of this month the P363-million Puerto-Sayre fl yover in Barangay Puerto at the junction of the Iligan-Cagay-an-Butuan Road and the Sayre highway of Bukidnon.

Oscar Villanueva, Presi-dent’s Bridge Program offi cer, said the 195-lineal-meter double-lane permanent fl y-over is part of the so-called Mega Bridges for Urban and Rural Development Project bankrolled by a loan from the French government.

District engineer Cesar L. Hipona, Jr. said the fl yover is just one of a package of intercity projects intended to address the increasing traffi c volume along the national highway, specifically along the Iligan-Cagayan-Butuan Road.

Two other flyovers are now under construction by the city government: the P107.8-million Velez-C.M. Recto flyover and P119.7-million Macanhan-Carmen junction fl yover. --

Award...from page 1tional Kabalikat Awards,” said Unabia’s Chief of Staff Bebeng Dumadag during a TV-guesting Saturday morn-ing.

Dumadag said Rep. Un-abia was overwhelmed over how Rep. Bambi Emano implemented his projects in

Misamis Oriental’s second district.

Likewise, Cagayan de Oro Mayor Vicente Emano hailed his son for winning the “2011 TESDA National KABALIKAT Awards.”

Th e Technical Education and Skills Development Au-thority (Tesda) cited the Of-fi ce of Congressman Yevgeny Vincente “Bambi” Emano and the province of Bohol during an awarding held at Tesda Central Office in Taguig, Metro Manila earlier.

The annual Kabalikat awards are given to out-standing government offi ces and Tesda-accredited school institutions in recognition of their benefi cial contributions to the promotion of technical education and skills training in the country.

Rep. Emano’s offi ce was earlier cited as the “region-al winner” for Region 10 and “provincial winner” for Misamis Oriental among all local level offi ces with Tesda programs.

Rep. Emano bested other national contenders for the award who were named re-gional winners from all other regions all over the country such as the provinces of Tarlac, Compostela Valley and Quirino, the cities of Mandaluyong, Sorsogon, and Dipolog, the fourth Congressional District of Batangas and fi rst Congres-sional District of Oriental Mindoro, among others.

Since 2007 when he as-sumed offi ce as representa-tive of the second district of Misamis Oriental to the House of the Representa-tives, Rep. Emano has been very persistent in carrying out his agenda on education which includes the provision of scholarship grants for skills training for the poor and deserving student in his district.

Dubbed as “ISKOLAR KO NI BAMBI (IKNB),” his education program has so

far benefi ted over 5,000 stu-dents, many of them have al-ready graduated and landed jobs even abroad.

Th is IKNB program has developed into a dynamic organization of students coming from the different municipalities and city in the district who gather together yearly for solidarity, which yearly assemblage allows them to avail of the oppor-tunity to be recognized as actively involved members of the society.

Aft er receiving the highly regarded award, Rep. Emano reiterated his fi rmed com-mitment to continually pro-vide avenues that would help the students achieve their ambitions through the pur-suit of education––technical or otherwise.

Earlier, no less than Tesda Director General Joel Vil-lanueva assured provincial students in Misamis Orien-tal that they would no longer need to go to Manila to ac-quire a world-class training and experience first-class education amenities.

He said there will be training centers that are at par with the Manila Tesda training centers soon to rise a P8-million Tesda training center in Libertad, Misa-mis Oriental which will not only benefi t the residents of Libertad but also those in nearby municipalities.

“With the tools and equipment, amounting to $171, 364.92 or P8,000,000 donated by Tesda, various qualifi cations will be off ered such as Electrical Installa-tion and Maintenance, Con-struction Painting, Masonry, Heavy Equipment Servicing, Carpentry and Scaff old Erec-tion,” Villanueva said.

Negostar...from page 3

broadband service at speeds of up to 1Mbps plus their very own net-

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For entrepreneurs who are heavy on calls, the Account Managers rec-ommend the Nokia 1616 bundled with Negostar SuperDUO for only P499 each month.

Th is allows unlimited calls to all Globe and TM phones nationwide, un-limited calls to any land-line or DUO number with the same registered area, unlimited calls to DUO numbers in other DUO areas, and unlimited calls to any Globelines nation-wide.

On the other hand, the new Negostar Innovation package generates savings of over 79%.

Th is package includes a postpaid plan that has unlimited Globe and TM calls and texts, 120 min-utes worth of free local calls, free 300 texts to all networks, BlackBerry Internet Service, 160MB worth of mobile brows-ing and a new BlackBerry Keplar 9300.

It also comes with an unlimited Tattoo plan plus a new netbook.

Experience the ben-efi ts of having customized solutions to support your business.

Consult our Globe Business Account Manag-ers, visit the Globe Stores, call the Globe Business Hotline +632 730-1288 or log on to www.globe.com.ph/negostar today to fi nd out more.

Page 14: BusinessWeek Mindanao aug 29

12 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011

THE broadway musical which the Nanuri Interna-tional School (NIS) orga-nized was a success. Last August 13, Nanuri conducted its broadway mu-sical at the De Lara Park in Cagayan de Oro City. Th e musical showcased the diverse talents of Nanuri students in the fi eld of danc-ing, singing, and many oth-ers. But the most applauded of all was the traditional Ko-rean fun dance of the Nanuri students. Th e visibly huge crowd

By STAN KIM

THE Week of Prayer dubbed as “Steps to Christ” which NANURI organized recent-ly is such a great spiritual experience for me. I learned a lot from my fi ve-day encounter with the Lord especially the topics which Bro. Earnest Kim tack-led such as the God’s Love, Confession and Repentance, Relationship, while Bro. Stan discussed the following top-ics: Praise and Prayer and Decisions, and You are the Light of the World. Th e students as well as the faculty and staff sung

IN an eff ort to educate the students on the basics of Anatomy and physiology, the Nanuri International School (NIS) recently

conducted a Science Exhibit. Th e exhibit has enabled the students not only to learn the basics of Anatomy and Physiology but as well as provided them the op-portunity to interact with Nanuri teachers. Th e teachers taught the students during the Science exhibit on how to dissect a frog. Th e students, likewise, learned that a frog can still hang on about 8 hours from the time its internal organs are exposed––or, should its abdomen is opened. From there, the stu-dents learned about the different functions of hu-man body anatomy, the heart, the veins, brains, among others––and they even butchers cow to show

them [students] on how it is being done. Th e students were also taught on the vari-ous functions of small and large intestines. Later in the exhibit, NIS administrator Mr. Earnest Kim toured BusinessWeek Mindanao and Mindanao Daily Balita publisher Mr. Dante Sudaria and sales guru Riza Ares to the NIS well-equipped science labo-ratory. Apart from the well-guided tour, Mr. Kim said that they donated high-tech and latest microscope that can be easily connected to a monitoring screen. He said that the science exhibit was organized pur-posely for the students.

NIS observes fi rst semester week of prayersBy RIZA ARES

THE Nanuri International School (NIS) in Barangay Indahag, Cagayan de Oro City is not only concerned on academic excellence but is also committed to develop every student’s spiritual fulfi lment. In line with its spiritual renewal program, the NIS is now observing the fi rst semester week of prayers with the theme “Steps to Christ.” The NIS teachers do not only focus on academic matters; they also teach students the importance of the Gospel of God. Stu-dents are also taught on the important role of God in every Christian’s life. Academic excellence is nothing without God’s blessings. With God in everyone’s heart, many will be accomplished. NIS teachers see-to-it that they are able to instill on every student’s mind and heart that every in-dividuals need guidance from Above. They instill to their students that every per-son needs guidance from Above because if we are separated from God, we cannot experience His love and blessings and our sins disconnect us from Him. Love is what human beings want to give and to receive.

Nanuri holds Science exhibit

Th e Side A of Nanuriand worshipped with all their hearts. It is something that I have never experi-enced before, and I would highly recommend this en-vironment to any student who would wish to enroll at NANURI. Aside from the whole-some environment, the fac-ulty, and staff , are very re-spectful, honest, and hold a great sense of integrity and responsibility. I fee l ex t raord i na r y blessed and honored to be a guest during the spiritual revival at the same time, a part of the success of the Week of Prayer.

Nanuri broadway musical fl ashbackwere also entertained when students from fourth to sixth graders performed their own version of “It’s a Hard Knock Life” and “I won’t grow Up.” As if they don’t want to be outsmarted, the freshmen do the musical performance of “We’re All in this Together” while the second year and third year performed the “Mama Mia,” and “Dancing Queen,” respectively. Funny enough, the crowd laughed out loud when they witnessed the comedy ver-sion of “Sister Act” which the seniors performed during the musical.

Nanuri excels in district level‘2011 CAPES Super Quiz Bee’By VELBETH BATISTIL RIVEO

THE elementary and high school students, with their coaches in Mathematics of Nanuri International School located at Taguanao, Indahag, Cagayan de Oro City, went to In-ternational School in Kauswagan, also in Cagayan de Oro City, to compete with 29 different private schools last August 24, 2011. The 2011 CAPES Super Quiz Bee was participated in by nine different districts in the city. In the Southern District, Nanurians competed with Rosevale students. The CAPES Super Quiz Bee covers the follow-

ing subjects: Mathematics, Science, and HEKASI. Each school had two participants for each subject area. Mary Wi and Helen Lee, senior students of NIS, garnered the first and second places, respectively, in Mathematics while Rosaleo Jude Lopez got the third place in the field of Science. Renchou Wayne E. Del Rosario together with Julianne de la Cruz got first and third, respectively, in HEKASI. Carlos Roy C. Perez and Maejelou Morales got the second place in Math and Science, respectively, while Khem John Marban ranked third.

By RIZA ARES

Page 15: BusinessWeek Mindanao aug 29

13BusinessWeekMINDANAO

August 29-Sept 4, 2011

Primavera Residences banners Pueblo de Oro’s Green RevolutionPrimavera Residences banners Pueblo de Oro’s Green Revolution

Pueblo de Oro integrates Township’s Green e-nitiativesPueblo...from page 1

Primavera...from page 1

a place to spend their leisure time. An increasing num-ber of residents from our various subdivisions have also been doing tree plant-ing activities within their respective villages with the support of our Pueblo de Oro Community Relations unit. These tree planting forays are organized by the homeowners themselves with the support of our Pueblo de Oro Community Relations unit. The trees will help not only in the beautifi cation of the villages but provide much-valued shade, and reduce pollution.

We are thankful every-one now recognizes the benefi ts of trees which not only beautify and add aes-thetic value to their proper-ties, but also provide much

welcome shade in our in-creasingly hot climate, retain water to help recharge our aquifers, and absorb harm-ful pollutants and carbon dioxide to help contain global warming. Other community-based initiatives such as gar-bage segregation, community gardens in the villages’ open spaces and bio-composting are also under discussion with residents through their homeowner’s associations.

Meanwhile, through the ORO CHAMBER, of which I was Past President, we have been promoting efficient lighting for the city to prevent climate change and carbon credit awareness under the Kyoto Protocol.

The outflow and evapo-transpiration pond we built in the valley portion of the Township to contain water runoff from the plateau before dispersing into the creeks

proved crucial in helping protect low lying areas from the ravages of flash floods which have lately become more frequent and powerful as result of climate change. Such rainwater collecting containments are now becom-ing a staple of an increasing number of towns and villages as a climate-change mitigating measure.

We are also continuing our eff orts to maintain, re-store, and protect the 40-hect-are Pueblo Urban Rainforest in coordination with groups such as the DENR and the Ro-tary Club of Uptown Cagayan de Oro, among others. Forest walking is a popular pastime in Japan, Taiwan and South Korea, and perhaps in the future we could do the same right here in CdeO.

In the office, we have made reduce-reuse-and-recycle our mantra, cutting

down on paper waste by using both sides of the paper, and cutting electricity by turning off the lights during breaks and shutting down the air conditioning units before the end of the day.

Another key component of this initiative is our electric powered e-shuttles which cut down on noise and air pollu-tion inherent in fossil fueled vehicles, signifi cantly adding value to the entire township with an improved quality of life.

Today, with the inaugura-tion of the Showroom, Model Unit and Offi ce of Primavera Residences, we have attained another milestone in our “Green Revolution” with the advent of the fi rst ever eco-friendly building in Northern Mindanao. Primavera is a living showcase of how an eco-friendly lifestyle is made an integral component of the

building’s design, in much the same way our master-planned township has en-couraged eco-friendly living a way of life among our resi-dents and business locators.

What is surprising is that many of the energy-saving features used in Primavera, such as cross-ventilation and shading, are not new concepts and have in fact been put to good use in the bahay kubo.

In like manner, we at Pueblo aim to put together the traditional components of a community into a lead-ing Township with modern conveniences for today’s families. This lessens our collective carbon footprint since schools, church, store and work places are within easy reach, requiring less fossil fuel to move a resident from one point to the other.

Together with SM Cagay-an de Oro’s Green Retail

Agenda, we are grateful and encouraged by the manner with which our business lo-cators have complemented our Green Revolution and look forward to the day when there should be no further need for an eco-friendly advocacy and it has become a way of life for our residents and loca-tors, not only because it is a good thing to do, but even more because it is the right thing to do.

By seeking balance be-tween the old and the new and by sustaining the en-vironment around us, we hope that our little con-tributions help keep the Pueblo de Oro Township and Cagayan de Oro green-er in the years to come. As God’s stewards of the boun-ties he has so generously gift ed us, we should do no less. Mabuhay!

“Th ese elements com-bine to complement each other to bring down the temperature in the build-ing that it remains cool-er even in hot summer months to lessen the need for air conditioning,” Mr. Nati noted.

Th e model unit is a one bedroom type, upgraded with around 32 square me-ters, with with a smart and livable layout, minimalist furniture, Italian taste and increased natural light.

It’s amazing how the architects have been able to design a cozy and livable space and still maintained an aff ordable price.

“ Optimization of space, elegant and mini-malist furniture, main-tenance of privacy of ev-ery single space ( the bed room and living room

are virtually separated by a small corridor and the bathroom), and increasing natural light are the keys to our successful and unique design “ Nati said.

In addition to Prima-vera’s passive design ele-ments, Mr. Nati said they would also be tapping solar energy on its rooft op with the use of photovoltaic cells that would produce around 150 kilowatts peak renewable energy from its two towers.

Once the “Net Meter-ing Law” is enforced in Mindanao, the photovol-taic cells will feed electric-ity to the local distribution utility grid, Mr. Nati said. At the end of each bill-ing period, this electricity produced will be deducted from the condominium’s electric bill, further reduc-ing the individual electric bill of each resident. Mean-time, the energy produced

PRIMAVERA RESIDENCES KEEPS COOL EVEN DURING HOT SUMMER MONTHS. This artist’s rendition of the Primavera Residences now under construction at the Pueblo de Oro town-ship illustrate how the green inner courtyards, together with big holes opened through the building masses and facades (gaps between some units) increases natural ventilation. Cross ventilation in every unit also increases air velocity to further reduce inner temperature. Shaded surfaces (with extensive roof tops and shelters) extensively reduce direct sunlight so that even during the hottest hours of the day, the sun never hits directly glazed surfaces so internal temperatures are further reduced. In tandem with solar panels in the rooftop, all these combine to ensure a 20% reduction in energy consumption compared to conventional buildings. Practically speaking, this means that Primavera residents will have cooler homes even during hot summer months and lower electricity bills due to reduced demand for air conditioning.

practices which auger well for the township’s long-term sustainability.

“It pleases us to no end that our eco-friendly initia-tives in Pueblo de Oro are now being bannered by two high profi le projects such as Primavera Residences and SM Cagayan de Oro,” he noted.

S om e t wo we ek s ago, SM Cagayan de Oro launched its Green Retail Agenda, a package of pro-grams geared at inculcating eco-friendly sustainable

practices among its ten-ants and customers such as its Trash to Cash recycling market, SM Supermalls Green Bag featuring prints by artist Manuel Baldemor, SM Green Film Festival, hosting the annual celebra-tion of Earth Hour and the shift to water-free urinals in men’s comfort room.

“Primavera Residences is a welcome addition to other green initiatives of the Pueblo de Oro Township, including the 40-hectare Pueblo Urban Rainforest,

from the solar cells would be used to directly power the common and shared areas of Primavera.

Mr. Meñes is happy to note how Primavera Resi-dences has signifi cantly in-creased the public’s aware-ness of the importance of eco-friendly programs and

electric jeepneys that are now serving Township residents, and rainwater harvesting and recycling ponds at Pueblo de Oro golf course making Pueblo the benchmark for eco-friendly developments in Cagayan de Oro,” Mr. Me-ñes added.

For further inquiries regarding Primavera Resi-dences, please call +63 88 310 8173; +63 918 350 1078 or email [email protected]; website: www.primaveraresidences.com

Rendering is for illustrative purposes only.

First Eco-Friendly BuildingThe country’s premier green residential and commercial build-ing which uses natural and eco-sustainable materials based on the principles of sustainable architecture.

Solar panels on the rooftop for renewable energy production

+Green inner courtyard to increase

natural ventilation+

Units cross ventilations for indoor heat reduction

+Shelter for heat shadow reduction

=20% reduction of

energy consumption

Page 16: BusinessWeek Mindanao aug 29

14 BusinessWeekMINDANAO

August 29-Sept 4, 2011

Page 17: BusinessWeek Mindanao aug 29

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

BankingAugust 29 - Sept. 4, 2011

RISING consumer demand could boost and accelerate eco-nomic growth of the country during the second half of this year. Th is was expressed by the Bangko Sentral ng Pilipinas asst governor Ma Cyd Tuano-Amador early this week. Amador said businesses are encouraged to expand their production the growing demand of consumers is ac-celerating. Th is in turn would propel the economy in a pace faster than before. A target growth of 5 to 6 percent this year could be realized, BSP said. Official data showed that RP’s GDP ( gross domestic product) grew by 4.9 percent

AS of end-September 2010, the non-performing loans (NPL) ratio of the rural bank-ing industry rose by 0.54 percentage point to 9.96 per-cent from last quarter’s 9.42 percent. Nonetheless, this was bet-ter by 0.62 percentage point from 10.58 percent a year ago. Th e rise in the NPL ra-tio was brought about by the growth in NPLs by 4.91 percent to P9.96 billion from P9.49 billion last quarter and the 0.79 percent drop in total loan portfolio (TLP) to P99.98 billion from P100.78 billion. Based on the three major geographical regions, rural banks in the Mindanao area exhibited better loan qual-ity at 5.60 percent compared with rural banks in Luzon and Visayas which registered NPL ratios of 11.08 percent and 12.48 percent, respec-tively. Th e ratio of restructured loans (RLs), gross to TLP, gross declined to 1.26 per-cent from 1.61 percent last quarter as the 22.56 percent decrease in RLs to P1.27 bil-lion outpaced the cut in TLP. However, this quarter’s ratio was still higher than year

PRICES of local shares kept on decreasing for the second day despite overnight gains on Wall Street. Analysts said slip was a continuation of the correction on Wednesday as investors pocketed gains from the run-up in the previous days. Philippine Stock Exchange index (PSEi) slipped 0.54 per-cent, or 23.76 points, to close at 4,342.69, while the broader

BSP hopeful that consumer demandcan accelerate RP’s economic growth

during the fi rst quarter. “Th ere is a good chance that the economy will grow faster in the second half considering the optimism of the business sector, “said Amador. Th ere is a higher level of optimism among en-terprises for the fourth quarter with the index standing at +53.9 percent. Recent BSP reports showed that the confi dence index (CI) for businesses in the country improved to +34.1 percent in the third quarter from +31.8 percent in the second quarter. Amador expressed be-

Share prices slip despite gains on Wall Streetall-share index rose 0.02 percent, or 0.60 point, to 3,014.62. Th e sub-indices closed mixed. Ending in the green were services, up 0.48 per-cent, followed by property fi rms that added 0.44 per-cent. Likewise, industrials also climbed 0.42 percent. Meanwhile, decliners were led by the mining and oil sector, plunging

5.36 percent for the day, aft er goldprices fell. Holding fi rms and fi nancials also lost 0.39 percent. Mining company Lepanto Consolidated led the sell-off , losing 0.18 percent. He av i ly t r aded B e l le Corp., Cebu Air Inc., San Miguel Corp., Semirara Min-ing Corp. and SM Develop-ment Corp. will be included in the main index starting next month. Th ese companies

will replace ABS-CBN Corp., Fi l invest Land Inc., First Philippine Holdings Corp., Lepanto Consolidated Min-ing Co. and Security Bank Corp. “Th e market remains frail while the mood is reduction of exposure in the equity market. In our view, the mar-ket is still in a correction,” a local trader commented.—paolo g. montecillo

NPL ratio of rural banks increases at 9.96 percent

ago’s 0.76 percent ratio. Real and other proper-ties acquired (ROPA), gross slightly rose by 0.47 percent to P7.98 billion from previ-ous quarter’s P7.94 billion. Consequently, the ratio of ROPA, gross to gross assets went up to 4.82 percent from 4.78 percent. With higher level of de-linquent loans and ROPA, the non-performing assets (NPA) increased accordingly by 2.89 percent to P17.94 billion. Ac-companied by lower gross assets, the NPA ratio of the industry moved up to 10.89 percent from 10.54 percent last quarter. Nonetheless, this quarter’s ratio was better than year ago’s 11.62 percent ratio. The NPL coverage ratio narrowed to 47.80 percent from 48.50 percent last quar-ter as the 3.40 percent build up in loan loss reserves to P4.76 billion was outmatched by the rise in NPLs. On the other hand, NPA coverage ratio widened to 29.96 percent from 29.75 per-cent last quarter. Th is devel-oped as NPA reserves grew by 3.63 percent to P5.37 billion. Likewise, this quarter’s NPA coverage ratio was better than year ago’s 24.56 percent ratio.

BSP/PAGE 14

Page 18: BusinessWeek Mindanao aug 29

dress k e y

m a r -k e t

oppor-tunities

over the c o m i n g

years.”

14 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011

LOT FOR SALEBEACH HOUSE

Baloy, Cagayan de Oro CityBy appointment only

Tel. #: (088) 855 3898

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w/ 3 rooms, w/ parking space high fence and gate. All windows w/ concrete

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LOT FOR SALE300 sq. mtrs. (Clean Title)

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pump station, Con-tact:09279518081

09497095292

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionBranch 07

Tubod, Lanao del Norte

NOTICE OF SALE ON EXECUTION OF REAL PROPERTY

WHEREAS, by virtue of a Writ of Execution issued by the Court of the RTC Branch 07, of Tubod, Lanao del Norte, on June 20, 2011 in Civil Case No. 07-500 wherein Spouses Constancio and Alejandra G. Sugabo is/are the plaintiff/s and Candida Subrabas, the children/heirs of LUCIANO SUBRABAS (deceased) namely: FEDDIE SUBRABAS, MILA SUBRABAS-ALAJAS and MELANIE SUBRABAS-CAGAIS AND RUTHSEL PACULANANG is/are the defendant/s for the recovery of the sum of not less than P 1, 306, 709.20 all in all, with interest, and cost etc., levy was made on July 08, 2011, by Sheriff Conrado V. Hingco, Jr. upon the real property/ies of Candida Subrabas, the children/heirs of LUCIANO SUBRABAS (deceased) namely: FEDDIE SUBRA-BAS, MILA SUBRABAS-ALAJAS AND MELANIE SUBRABAS-CAGAIS which is/are more particularly described as follows; 1. Original Certifi cate of Title No. P-2776 A parcel of Land Lot No. 1556, situated at Olango Magsaysay, Lanao del Norte with an area of 51,918 square meters. Bounded on the N., point 2-3 by Road; on the E., point 3-4 by Lot 1557; on the S., point 4-1 by Lot 1551; and on the W., point 1-2 by Lot 1555; all of the subdivision plan. Together with all the improvements found thereon. Registered in the name of LUCIANO SUBRABAS and CANDIDA SALVACION SUBRABAS. 2. Original Certifi cate of Title No. CLOA 957 A parcel of Land Lot No. 1567, situated at Olango Magsaysay, Lanao del Norte with an area of 51,863 square meters. Bounded on the E., points 1-2 by Lot No. 1564; on the S., points 2-3 by Road; on the W., points 3-4 by Lot No. 1568; and on the N., points 4-1 by Lot 1566. All of the subdivision plan. Together with all the improvements found thereon. Registered in the name of FREDDIE SUBRABAS. 3. Original Certifi cate of Title No. CLOA 2,045 A parcel of Land Lot No. 1564, situated at Olango Magsaysay, Lanao del Norte with an area of 54, 332.04 square meters. Bounded on the NE., points 1-2 by Lot 1565; on the SE., points 2-3 by Lot 1563; on the NW., points 3-4 by Road; and on the NW., points 4-1 by Lot 1567. All of the subdivision plan. Together with all the improvements found thereon. Registered in the name of MILA S. SUBRABAS, ET. AL. NOW THEREFORE, by virtue of the Writ of Execution and in accordance with rule 39, Section 19, of the Rules of Court, the undersigned Sheriff will sell at public auction to the highest bidder, for CASH and in Philippine Currency, on October 5, 2011 at 10:00 morning or soon thereafter; at RTC Branch 07, of Tubod, Lanao del Norte, the above- described properties in order to satisfy said Writ Execution, together with interests, costs, sheriff’s fees and the expenses in connection to the Execution of the said decision. Dated this 18th day of August 2011 at Tubod, Lanao del Norte Philippines.

(Sgd.) CONRADO V. HINGCO JR. SheriffBWM Aug. 22, 29 & Sept. 5, 2011

A Korean volunteer engaged in honeybee keeping shows to Bukidnon Governor Alex Calingasan (in green shirt) and Provincial Agriculture Offi cer Alson Quimba ways in obtain-ing honey from honeybees cultured in the 40-hectare for-mer Bukidnon Economic and Industrial Zone located in Dick-lum, Manolo Fortich, Bukidnon. The defunct industrial zone was converted into an agricultural propagation site where agri-

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10TH Judicial RegionBranch 19

Cagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFFNOTICE OF EXTRA- JUDICIAL SALE

FILE NO. 2010-333

Upon extra- judicial petition for sale under Act No. 3135 , as amended by Act. No. 4118, fi led by BALIKATAN HOUSING FINANCE, INC. mortgagee/ assigne, with business address located at 24th fl orr, BPI Buendia Center, Sen. Gil Puyat Avenue, Makati City, against SPS. HENRY C. ENERIO AND EMELITA, with proposal address at Lot 4, Blk. 7, GOLD CITY VILAAGE BRGY. BALULANG CAGAYAN DE ORO CITY MISAMIS ORIENTAL, the mortgagor/s, to satisfy the mortgage indebtedness which as of March 30, 2010, amounts to PESOS: Two Hundred Eighty Four Thousand Five Hundred Pesos ( Php 284,500.00 ) including interest, penalties and charges, court fees, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on SEPTEMBER 19, 2011 at 10:00 a.m or soon thereafter at __________, Regional Trial Court, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following real property/ies with all the improvements thereon, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T- 56718

A parcel of land (Lot 4, Block 7, Pes-10-000-664 being a portion of Lot 3046-B-1-A-1B-1-A-2, 3046-B-1-A-3, 3046-B-1-A-4, 3046-B-1-A-5, Psd-10-004213 ) situated in the Barrio of Balulang , City of Cagayan de Oro, Island of Mindanao. Bounded on the NW., along line 3-4 by Road Lot 4; on the SW., along line 4-1 by Lot 66 on the W., along line 1-2 by Lot 5, on the NE., along line 2-3 by Lot 2, all of Block 7, of the consolidation subdivision plan Pcs-10-000664. Xxx containing an area of ONE HUNDRED SIXTY SEVEN (167) SQUARE METERS, more or less. xxx’ All sealed bids must be submitted to the undersigned on the above-stated date, time, and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, August 01, 2011.

(Sgd.) JAN B. ACERO Sheriff IVBWM Aug. 15, 22 & 29

cultural crops and livestocks are grown to provide high-quality seeds and animals for dispersal to Bukidnon’s indigent constituents. The said project is part of Governor Calingasan’s fl agship program, Assistance to Low Income Communities and Settlers (ALICS). PHOTO SUPPLIED

BSP...from page 13

global economy . With its credit rating downgraded by Standard & Poor’s due to its burgeoning debt, the United States con-tinues to suffer from slow growth. European countries are also faced with more seri-ous debt woes triggering bailout-packages from the European Union and the Internat iona l Monetar y Fund. Th e Bangko Sentral be-lieves that the Philippines will continue to enjoy strong domestic demand even with the present economic deba-cles hurting Western econo-mies that a lso dragged down demands for export goods from emerging Asian markets.

in business sentiment will lead to faster expansion of the economy,” she added. R ising consumer de-mand, according to BSP, is attributable to the rising growth of remittances from Filipino workers abroad. On the other hand, in-vestment demand is also growing due to the rising purchases of consumers. With this development, companies are encouraged to produce more to meet the demand. Amador says that the underlying forces for do-mestic demand would be the main driver for growth. T h is domest ic dema nd should enable us to ride through very rough waters amid uncertainties in the

lief that if the indices in the third and fourth quarters will rise, the country could expect growth in the sec-ond half. “There is a strong posi-tive correlation between the confidence index and GDP growth, she explained. This means that an improvement

Nokia introduces no-com-promise handset into entry-level smartphone market Nokia has announced that its entry-level touch-screen smartphone, Nokia 500, will soon be avail-able in the Philippines. A smartphone that refuses to compromise on quality or performance, Nokia 500 incorporates Nokia’s fast-est processor to date, a 5 megapixel camera, a great music and entertainment experience and preloaded Ovi Maps and turn-by-turn navigation, extend-

New Nok i a 500 offers high quality, performanceing Nokia’s portfolio into the entry-level smartphone market without sacrifi cing quality. “Until now, affordable smartphones too of ten meant low-quality hard-ware and a substandard user experience,” said Mike Smith, Device Por t fol io Manager, Nokia Phi l ippines. “This is a ref lection of Nokia’s continued commitment to in-novate and an ex-ample of how Symbian can continue to help us ad-

As the newest addition to Nokia’s range of Sym-bian-based mobile phones, the Nokia 500 is built on the latest Symbian Anna user experience with enhanced soft ware features, a faster Web browser, and new Ovi Maps. Get to the content that matters quickly Keeping in touch with friends and family is light-ning-quick with the Nokia 500. Facebook and Twitter, and live chats are updated directly on the homescreen. With its 1GHz processor,

Filipino’s Romance with the seaBy JEFFERSON BEJARASCO big wooden boat) was then

popular. It is in this big boat that the nearby Neg-renses have their planta-tion workers ride in going to Panay Island. Th ey also transport their sugar to the nearby islands using the “Batel.” The sugar industry of Negros and Panay has al-ready gone a long way. Today, tons of sugar cargo are not in wooden boats anymore. Th ey are trans-ported in big and modern ships like the giant vessels of Negros Navigation and Superferry-ATS.

DO you know that sugar is prime product of the is-lands of Panay and Negros? T h e v a s t s u g a r -cane plantations of the islands’provinces produce tons of sugar that goes to the tables of the country’s consumers every year. It is a known fact that the lowly “bangka” (wood-en boat) was the fi rst basic means of sea transport of Filipino traders and sea travellers during the early days. During the 18th cen-tury, travel by “Batel” (

the Nokia 500 is one of the fastest yet most aff ordable smartphones in the market today, allowing people to have lots of apps open at the same time, switch between apps quickly and easily, and run the most demand-ing apps without slowing down the phone. It includes Nokia’s latest Web browsing technology, which when paired with the powerful processor, delivers a more satisfying Internet experi-ence. The Nokia 500 comes pre-loaded with some of the

best music and entertain-ment apps such as Shazam Encore, Gig Finder, Lonely Planet, and Michelin guides. Th is entry-level smart-phone also boasts access to Nokia’s latest maps tech-nology, optimized for so-cial networking so users can check-in to locations around the world. Offl ine voice-guided walking and driving directions in over 80 countries help to avoid heft y data roaming charges. The phone will come with two different inter-changeable back covers.

At pre s ent , ab out 240,000 metric tons of sugar are plied to various destinations by the ves-sels of Negros Navigation and SuperFerry every year. This amount of sugar is used in the production and manufacture of food prod-ucts which are favourite among Filipinos like the sweets, candies, leche fl an, halo-halo, ice cream, bread, biscuits and many more. Truly, the Fi l ipino’s romance with the sea has already deepened, and at the core of this are the sea vessels.

Page 19: BusinessWeek Mindanao aug 29

15BusinessWeekMINDANAO August 29-Sept. 4, 2011Aggie News Aggie News

TO enable more farmers’ co-operatives and irrigators’ as-sociations (IAs) avail of farm machines and equipment, the Department of Agriculture recently approved a more af-fordable scheme by reducing their counterpart or equity to only 15 percent (%), from the previous 30%.

Agriculture Secretary Proceso J. Alcala said with the scheme the Aquino gov-ernment is making modern farm equipment within easy reach of farmers nationwide.

He said the DA will shoul-der 85% of the cost under its farm mechanization and postharvest program. This year, the DA has earmarked P1.8 billion for the purpose under its national rice pro-gram, and proposes to in-crease it further to P3 billion next year.

Secretary Alcala made the announcement during an agricultural farm machinery and equipment roadshow, dubbed as “AgriMach 2011” in Muñoz, Nueva Ecija, Au-

Congressman, 2nd DistrictMisamis Oriental

Viva San Agustin!Happt Fiesta Cagayan de Oro City

Greetings from:

Aggie dept lowers farmers’ equity to avail of farm machines, equipment

gust 23, 2011. More than 1,100 farmers, local offi cials, and farm machinery manu-facturers, distributors and dealers attended the two-day roadshow and exhibit.

The DA through its re-gional fi eld units (RFUs) will screen IAs and farmers’ coop-eratives who wish to avail of agricultural machinery and equipment. Deserving recipi-ents will be chosen based on a set of criteria.

Qualifi ed farmers’ groups can choose from a range of agricultural machinery and equipment that include four-wheel tractors, rice combine harvesters, hand tractors, drum seeders, threshers, reapers, rice seed cleaners, fl atbed dryers, solar dryers, and moisture meters.

Secretary Alcala said the Aquino government is seri-ous in its eff orts to implement a farm mechanization and postharvest initiative, as it will also contribute to attain-ing self-suffi ciency in rice and major staples.

With the lowering of the farmers’ equity to 15%, Secretary Alcala hopes to encourage farm machinery manufacturers and distribu-tors to follow suit by off ering easy availment terms and fi nancing schemes to farmers’ groups and IAs.

He said the DA farm mechanization and posthar-vest program aims to address the declining and ageing farm labor force, and to encourage more Filipino youths to pur-sue agriculture.

Agriculture Secretary Proceso J. Alcala said the DA will make AgriMach an annu-al aff air to encourage farmers mechanize their operations — from land preparation, production, harvesting, pro-cessing to marketing — to increase their productivity and incomes.

Pursuing agricultural mechanization will also ad-dress the declining and age-ing labor force in the agri-culture and fishery sector. Another related strategy the

DA is pursuing is encourag-ing more Filipino youth to pursue agriculture, fishery and other related courses by granting them scholarships.

The farm machiner y roadshow—with the theme “Aangat ang ani at kita sa paggamit ng tamang maki-narya”—will also be held in Iloilo for the Visayas cluster, on September 22-23, and in General Santos City for the Mindanao leg, on September 28-29, 2011.

It is jointly spearheaded by the DA-Philippine Center for Postharvest Develop-ment and Mechanization (PhilMech), DA rice, corn, and high value crops pro-gram directorates, and the host DA RFUs in partner-ship with the Agricultural Machinery Manufacturers and Distributors Association Inc. (AMMDA) together with independent farm machinery and equipment manufactur-ers and dealers. # # # (adam borja/da information ser-vice)

NOTICE NOTICE is hereby given that the intestate estate of the late BELINO A. CABA-CUNGAN who passed away on February 8, 2000, left parcels of land 1.) Lot 2914 – C of Subdivision plan, (LRC) Psd 106673, being a portion of lot 2914, Cagayan Cadastre LRC Cad. Rec. No. 1561); situated at in the Dist. Of Macasa-ndig, City of Cagayan de Oro; containing an area of 9,310. 2.) A parcel of land (Portion of Lot # 11988- C-15 and Lot No. 11987-C-15) situated at Lumbo, Alubijid, Misamis Oriental, containing an area of 8,382. 3.) A parcel of land (portion only of Lot 12000, Cad- 237 of Cagayan Cadastre) situated at Lumbo, Alubijid Misamis Oriental, containing an area of 7,244, are under EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON in favor to SUSAN D. CABACUNGAN-AMIGO, of legal age, married and a resident of Cabacungan Compound, Maris De Lara St., Macasandig, Cagayan de Oro City and ANNALIE D. CABACUNGAN, of legal age, single and a resident of Cabacungan Compound, Maris De Lara St., Macasandig, Cagayan de Oro City, are the Legitimate children and heirs of BELINO A. CABACUNGAN, under Notary of Atty. Sol Felito G. Duarte as per Doc. No. 325, Page No. 65, Book No. 31, Series of 2011. BWM AUG. 22, 29 & SEPT. 5, 2011

PANEDOTTE PASTRIES are available at Tagoloan, Misamis Oriental, just in front of the Senior Citizens Center in Tagoloan, Misamis Oriental with Tel Nos. (08822) 740-211, (088) 856-2419; Cell Phone Nos. 0917-706-2247 and 0917-706-1516, or visit them at 162 M.H. del Pilar –Velez Sts., Cagayan de Oro City

PANEDOTTE PASTRIES

Available at GAISANO SUPERMART and at LUMBIA AIRPORT PRE DEPARTURE AREA

Mindanao,”Acenas pointed out. During the grand opening, Giardini del Sole gave freebies to the fi rst 30 customers. Th ey also offered free delivery of items to areas within Cagayan de Oro; 0% installment on major credit cards, and LIFE TIME WARRANTY for any furniture bought at Giardini.Th e Giardini Gold Showroom

Giardini...from page 23a lot to generate more employ-ment for the city, and in attract-ing more investors. “Giardini del Sole’s opening in Cagayan de Oro City is a perfect tim-ing since the city is now the business hub and center of economic growth in Northern

off ers an array of export qual-ity furniture: side chairs, arm chairs, dining tables, buff ets, showcases, lounge chairs, 3-seater sofas, center tables, accessories, offi ce chairs, desks, vanity dressers, armoires, beds, night stands, dressers, mirrors, console tables and their Italian collections (Bassano). Th e company is inviting all

Mindanaons, royal families and businessmen of the Region to COME AND VISIT THEIR SHOWROOM at Kauswagan Highway, Cagayan de Oro City (SM Savemore-Kauswagan) Tel No. (088) 880-1970 or email them at [email protected] or visit their website at www.giardinidel-solefurniture.com

Page 20: BusinessWeek Mindanao aug 29

16 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011 Congress.WatchCongress.Watch

RUFUS RODRIGUEZRUFUS RODRIGUEZ

Atty. Guerrero “Gerry” A. AdazaPresident Emeritus, Divine Mercy Foundation

of Mindanao, Phils. Inc.

VIVA SENYOR SAN AGUSTIN

Greetings from:

Mrs. Paquita G. AdazaPresident, Divine Mercy Foundation

of Mindanao, Philippines Inc.

and

OWNING more than one ve-hicle may soon be more expen-sive, tax-wise. Th is developed as second-district representa-tive of Cagayan de Oro, Rufus Rodriguez, and party-list rep. Maximo Rodriguez jointly introduced a bill for Congress to enact a law imposing higher registration fees for subsequent motor vehicles owned by one person. Th e bill states, “It is hereby mandated that there shall be additional rates to be charged for the annual registration of a 2nd and subsequent ve-hicle registered under the same owner. Th e amount of Th ree Th ou-sand Pesos (P3,000) shall be charged for the 2nd vehicle, Five Th ousand Pesos (P5,000) for a 3rd vehicle and Seven Th ousand Pesos (P7,000) for

implemented the Pantawid Pamilya having helped 2.3 million households in the country. “Per report of the World Bank (WB) and the Austra-lian Agency for International Development (AusAid), the Filipino household’s income level has risen up to 12% and that the poverty incidence has slid down to 6.2%, a good indicator that the Program has made a great change in the lives of the poor,” he said.

Owners of vehicles face higher feesBy ALLAN MEDIANTE, executive editor

a fourth and each subsequent vehicle.” Coverage of the Act, how-ever, does not include road rollers, trolley cars, street-sweepers, sprinklers, lawn mowers, bulldozers, graders, fork-lifts, amphibian trucks, and cranes if used on public highways, and vehicles which run only on rails or tracks, and those used exclusively for agricultural purposes such as tractors, trailers and traction engines of all kinds. Th e bill further directs the Department of Transportation and Communications and the Land Transportation Offi ce to promulgate rules and regula-tions necessary to ensure the effective implementation of the Act (AN ACT PROVID-ING FOR HIGHER REGIS-TRATION FESS FOR THE

2ND, AND SUBSEQUENT MOTOR VEHICLES REGIS-TERED IN THE NAME OF THE OWNER), within six months from the date of its eff ectivity. In its explanatory note, the Bill cited data from the Land Transportation Offi ce (LTO), that the number of vehicles increased from 5,891,272 regis-tered in 2008 to 6,220,433 regis-tered in 2009 and to 6,634,855 registered in 2010, for an aver-age increase of 6.2% per year. “From this, we can gather that there are too many ve-hicles plying our roads and not enough roads for them. Th is results in heavy traffi c causing numerous negatives eff ects to all aspects of the lives of the Filipino people.” So many vehicles plying the roads and highways cause too much air pollution which

harms the health of the people, according to the solons. “Th e World Health Organization (WHO) said that as much as 65 percent of the pollutants in the Philippines are from mobile sources. It further said that “carbon monoxide has the biggest pollution load contri-bution of 50 percent, mainly due to the increasing numbers of gasoline-fed vehicles, includ-ing cars (13.58 percent) and motorcycles/tricycles (47.88 percent)”. Th e bill also cited an ar-ticle written by one Hadji C. JALOTJOT and submitted to the University of Tokyo, which states that, “while use of motor vehicles can provide signifi cant economic benefi ts, marginal benefi ts decline with increased use. Decline in marginal ben-efi ts are partly due to negative externalities associated with

vehicle use such as air pol-lution, climate change, and urban sprawl.” Th e Department of Health further reported in 2004, that “considerable morbidity and mortality due to respiratory and cardiovascular diseases could have been prevented with better air quality in Metro Manila in 2002.” While an-other report by Asian Develop-ment Bank said that in 2005, particulate matter (PM10)

caused premature death and chronic respiratory illnesses. Th e health cost was estimated to be US$430 million per year.” Th e bill, according to the solons, thus sees “a need to devise new ways that could help lower the number of ve-hicles roaming the streets of the country,” and the fact that technology for alternative or renewable sources of energy is still very ineffi cient and expen-sive at the moment.

Cong. Rodriguez supports DSWD request for higher budget in 2012By CHARMAINE P. TADLASCAGAYAN de Oro City, Misamis Oriental -- Con-gressman Rufus Rodriguez of the 2nd District of city has supported Social Welfare Secretary Corazon Juliano-Soliman’ s request for Php39 billion increase in budget for the Pantawid Pamilyang Pilipino Program in 2012. The legislator said that the Department of Social Welfare and Development (DSWD) has successfully

“I laud Secretary Soliman and DSWD for doing a great job in implementing Panta-wid Pamilya. Th ere are valid and essential evidences that the Program has actually improved the lives of Filipino households,” he expressed. He, further, asserted that he endorses a higher budget from Php21 billion Pesos to Php39 billion for DSWD, to help more poor families in the country. Th e Pantawid Pamilyang

Pilipino Program provides conditional cash subsidy to the poorest families in the country for their children’s education and health needs. Php300 per month is pro-vided for the child’s school needs and Php500 per month is given to his or her family’s health needs. In exchange for the cash assistance, however, the ben-efi ciaries are required to do the following responsibili-ties:

Pregnant women should get pre and post-natal care and should be attended by skilled health professionals during childbirth. Parents and guardians must attend Family Develop-ment Sessions and children should get regular preventive health check-ups and vac-cines, must attend school, and receive de-worming pills if aged 6-14 years old. As what Secretary Soli-man said, DSWD is only

aft er the welfare of children who have the right to educa-tion and health. She sa id DSWD only focuses on giving a child the opportunity to go to school and have a healthy life. “The increase in the budget for the Pantawid Pamilya will help us get to that goal wherein children of poor families will be able to exercise these rights,” the DSWD Secretary added. (dswd/pia-10)

Page 21: BusinessWeek Mindanao aug 29

17BusinessWeekMINDANAO August 29-Sept. 4, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10TH Judicial RegionBRANCH 18

Cagayan de Oro City

IN THE MATTER OF CORRECTION OF SPEC. PROC. CASE 2011-116ENTRY IN THE BIRTH CERTIFICATE OFOLIVER VERGEL MABAYO OLIVEROS

OLIVER VERGEL MABAYO OLIVEROS, Petitioner, - Versus -

THE LOCAL CIVIL REGISTRAR OFCAGAYA DE ORO CITY, Respondent.X---------------------------------------------------X

ORDER The instant Petiton fi led by Oliver Vergel Mabayo Oliveros (hereafter petitioner) seeks the correction of the entry in the Certifi cate of Live Birth of petitioner’s gender from FEMALE to MALE. Petitioner averred that the instant petition is not intended to avoid any criminal, civil or fi nancial liability. Neither will the same affect his civil status or citizenship. Finding the instant Petition to be suffi cient in form and substance, let the initial hearing of this case be set on NOVEMBER 16, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City. Respondent Local Civil Registrar of El Salvador City and any person having or claiming any interest on the entries whose corrections are sought, may within fi fteen (15) days from notice of this Order or from the last date of publication thereof, fi le their opposition/comment thereto and appear at the scheduled hearing. Furnish copies of this Order, together with the Petition and its annexes, to the Offi ce of the Civil Registrar of Cagayan de Oro City, the Offi ce of the Solicitor General and the National statistics Offi ce, Manila. SO ORDERED. August 3, 2011, Cagayan de Oro City.

(Sgd.) DENNIS Z. ALCANTAR Presiding Judge

BWM Aug. 22, 29 & Sept. 5, 2011

NOTICE NOTICE is hereby given that the intestate estate of the late LUZONIA B. MERCADO and LEONILO MERCADO SR., who both died at Carmen, Cagayan de Oro City, October 20, 2004 and Sep-tember 21, 2003 left Parcels of land; 1.) A RESIDENTIAL BUILDING located at Carmen, Cagayan de Oro City, and covered by Tax Decl. No. F-171082 and 2.) A Residential Building located at Carmen, Cagayan de Oro City, and Tax Decl. No. F-083296, 3.) containing an area of (480) Square Meters, more or less and covered by a Tax Decl. No. F-083295 are under AFFIDAVIT OF ADJUDICATION OF SOLE HEIR IN FAVOR to SHEILA ELMA M. NERI, the only surviving heir of the said decedents, of legal age, married to CEDRONIO S. NERI, both Filipinos and a resident of Apovel Subd., Bulua, Cagayan de Oro City, under Notary Public of Atty. Roy Prule M. Ediza as per Doc. No. 34, Page No. 7, Book No. IX, Series of 2011.

BWM AUG. 8, 15, 22, 2011

MisOr TodayMisOr Today

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 Att y. 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

CITY COUNCILOR JOSE “PEPE”ABBU

Greetings to my constituents

on the occasion of the 2011 Fiesta

celebration of Cagayan de Oro

MISAMIS ORIENTAL – Th ough still 30% in the con-struction stage, completion of the Alubijid Provincial Hospital will be fasttracked by all means, so it can serve the needs of MisOr folks and especially OFWs. Th is was bared by MisOr provuincial governor Oscar Moreno as he presented the blueprints of the ongoing project to labor secretary Rosalinda Baldoz. Baldoz took time in visiting the con-struction of the said hospital project very recently. Moreno also stressed that the hospital, once completed and operational, will provide services not only to OFWs and their dependents but also to residents and medical patients from the hinterland barangays of the province. “Our good relationship with the OWWA and their programs is also connected to our health vision for the province, that’s why we de-cided to have a joint project. Moreno also believed that once the hospital proj-ect is fi nished it will create jobs and employment. Th e

STATEMENT OF GOV. OSCAR S. MORENOON THE NPA ATTACK IN MEDINA

We condemn in the strongest possible terms the NPA attack in the municipality of Medina which caused the lives of our policemen and a member of the NPA. The attack had placed in jeopardy the progress that Misamis Oriental has at-tained through hardwork and cooperation of the people. We congratulate the law enforcement agencies for their prompt reaction and their show of gallantry to protect and defend the people. We salute the slain SPOI Edito Bayhon who had bravely defended the municipal government of Medina as well as the two wounded policemen SPO2 Renie Galera Rombo and SPO1 Diosdado Salas Sendiong. We salute them for their splendid valiance and deep and affectionate love for our government and our people. Our instructions for the law enforcement agencies (police & military) are as follows : · Conduct a thorough and deep investigation and fi nd out who are responsible and their motives. · Pursue a vigorous pursuit operations and without let up. · Uphold the law and bring the perpetrators to the court of law I would like to commend Mayor Pacifi co “Jojo” Pupos for his presence of mind and bravery in standing fi rm in defense of the people. The Province of Misamis Oriental will not stop in bringing the government closer to the people as best as we can and as closest as we can. The Provincial Government reiterates our fi rm conviction that the law should stand supreme over everyone. I am proceeding to my trip to the US for a few days to attend to the Tapok in Anaheim, California. This bi-annual event is attended by US and North American residents who trace their roots in Cagayan de Oro and Misamis Oriental. I have accepted the group’s invitation and will honor it. It is my hope that this trip will strengthen the bond between Misamis Oriental and Cagayan de Oro on one hand and American and North American residents on the other. I have designated Vice Governor Norris Babiera as the Acting Governor in my absence. I am confi dent and assured that the province will be in good hands, if not in better hands. Vice Governor Babiera will continue to serve as the co-chair of the Provincial Peace and Order Council.

Alubijid prov’l hospital to help OFWs - Moreno

Alubijid Hospital has a modern archi-tectural design and is located in a one-hectare land and is seen to be environ-ment-friendly as it will feature green structures. T he ho s pi t a l will have state-of-the-art facilities of modern medica l services. Part of the fund for the hospi-tal completion will come from OWWA in exchange for free hospitalization of OFWs and their children. Moreno says helping the OFWs should be a concern of the government since they are modern-day heroes. Th ey deserve to be serviced by all hospitals anywhere, not only in Misamis Orien-tal. The OWWA assistance to the project could have been helpful because the completion of the project is wanting of funds. Moreno commented that despite ef-forts to fi nished it on time,

the province cannot do so because the majority oppo-sition (Sangguniang Panla-lawigan) is not cooperating. It did not approved a loan of P55 requested by Moreno as counterpart of the OWWA. OWWA, on the other hand, has already released P9 million out of a proposed contribution of P45 million. Due to this, Moreno says he is compelled to look for other sources to complete the hospital project. Baldoz assured Moreno that he will direct an inves-tigation committee to look into the issue of the MisOr SP’s majority opposition.

MORENO

Page 22: BusinessWeek Mindanao aug 29

18 BusinessWeekMINDANAOAugust 29-Sept. 4, 2011

Republic of the PhilippinesSUPREME COURT

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL1Oth Judicial Region

BRANCH 44Initao, Misamis Oriental

INRE: PETITION FOR CORRECTION OF SP. PROC. NO. 2011-1012ENTRY IN THE CERTIFICATE OF LIVEBIRTH OF ALMALO A. RAMOS,

ALMALO A. RAMOS, Petitioner,

- Versus-

THE LOCAL CIVIL REGISTRAR OFALUBIJID, MISAMIS ORIENTAL, Respondent.X - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/

ORDER

Petitioner ALMALO ABRIOL RAMOS fi led this petition to correct the gender in her Certifi cate of Live Birth Local Civil Registry No. 93-541 of the Alubijid Registry from MALE TO FEMALE. Finding the petition in order let the Initial Hearing before this Court be set on November 3, 2011 at 8:30 o’ clock in the morning. t is hereby noted that the petitioner had furnished a copy of the petition and its annexes to the Offi ce of the Solicitor General (RR # 0239 dated 06/30/11), Municipal Civil Registrar of Alubijid, Misamis Oriental (RR # 0238 dated 06/30/11), and Prosecutor Ian Parrado of the Offi ce of the Provincial Prosecutor – Province of Misamis Oriental (RR # 0237 dated 06/30/11). Let a copy of this Order be posted on the (1) Bulletin Board of the Local civil Registry Offi ce of Alubijid, Misamis Oriental, (2) Bulletin Board of the Municipal Hall of Alubijid, Misamis Oriental (3) Bulletin Board of the Court situated at Alubijid, Misamis Oriental, and (4) Bulletin Board of this Court. The petitioner is ordered to cause a publication of this Order in a newspaper of general circulation in the Province of Misamis Oriental atleast once a week for three (3) consecutive weeks. Lastly, since the motion of the petitioner, a client of the Public Atty’s Offi ce, that she be exempted from payment of court fees is meritorious, the same is granted. SO ORDERED. Done in chambers on July 29, 2011, Initao, Misamis Oriental.

(Sgd.) JUDY A. SIA-GALVEZ Acting Presiding JudgeBWM Aug. 15, 22 & 29

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NOTICE TO THE PUBLICNotice is hereby given to the general public & all con-cerned that Mrs. Zita Efrelinda Plaza, whose photo ap-pears below, is no longer connected with Filinvest Land, Inc. (FLI) as authorized agent (Sales Manager, Broker, etc.) effective June 07, 2011. All customers and sub-agents of Filinvest Land, Inc. dealing with or registered under her are requested to deal directly with the company in the future. Persons dealing with her shall do so at their own risk & liability; the Company will not be responsible in any manner whatsoever.

For clarifi cation or further information, FLI customers and sub-agents are requested to visit or call our regis-tered offi ces.

BWM Aug 29, 2011

AguNte marks 10th BAOTO FestivalBy ARJAY S. FELICILDA, Caraga Bureau Chief colourful, with most of the

major events taking place in Lake Mainit, the fourth larg-est lake in the Philippines. Sports enthusiasts from all corners of the world are expected to see action, es-pecially in the 30-kilometer paddling competition on September 15. In a statement to Busi-n e s sWe e k M i n d a n a o

PREPARATIONS are un-derway for the 10th Baoto Festival, September 13-16 this year, under the auspices of the provincial government

of Agusan del Norte. Governor Erlpe John Amante assured, this year’s festival is definitely going to be more promising and

(BWM), Governor Amante said the municipalities of Jabonga, Kitcharao, San-tiago and Tubay are the most directly involved in the festival, they being in one common stretch along Lake Mainit against the scenic mountain ranges. “ We c o n s i d e r L a k e Mainit and the towns by it, as one perfect location for

the 10th BAOTO Festival, which gives tribute to the ‘baoto’ or native dug-out ca-noe,” the governor averred. Leading all the efforts in trying to lure both for-eign and domestic tourists, guests and spectators is the Public Affairs Division (CAD), headed by Mr. Daniel M. Calo

The four-day fest will have such events, as tree planting, Lake Body At-tack Competition, cultural shows, kite fl ying and, cy-cling competitions, paddling competition, regatta, beach volleyball, triathlon and Ma-manwa rituals, among oth-ers. (with reports from edgar m. palarca jr. and brian jay f. ceballos)

Business Bits of CagaraBy ARJAY S. FELICILDA, Bureau Chief

Large mining companies face protestSURIGAO City - ANTI-MINING groups just had their day to protest the presence of la rge sca le mining companies in Su-rigao del Norte. This, dur-ing the 1st Caraga Mining Sy mposiu m a nd Sa fet y

day activity, together with mining contractors, non-government organizations (NGOs), Philippine Red Cross (PRC), Bureau of Fire Protection (BFP) and other government agen-cies.

Island town has own WIFI access

SOCORRO, Surigao Norte - Th e Community eCenter (CeC) of this locality re-cently launched its WIFI Internet access installa-tions for household and institutions. Th is develops just around a year aft er the locality established the CeC, one of the eleven

Competition at Hotel Tav-ern here, August 21 and 22 this year. Led by the Promotion of Church Peo-ple’s Response (PCPR), the protesters, most of them belonging to the Nagkahi-usang Gagmay’ng Minero

(NAGAMI), called on Su-rigao Norte Gov. Sol Ma-tugas to lift the suspension order on small scale min-ing in the province. About 26 mining companies in Caraga Region have sent participants to the two-

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Page 23: BusinessWeek Mindanao aug 29

19August 29-Sept. 4, 2011BusinessWeekMINDANAO

AUGUST 24, 2011 was a crowning glory day for the 2nd Congressional District of Misamis Oriental when the Offi ce of Con-

gressman Yevgeny Vincente B. Emano won the top prize of the “2011 TESDA National KABALIKAT Awards”, together with the Province of Bohol during its culminating event at the TESDA Central Offi ce in Taguig, Metro Manila. Th e annual Kabalikat awards are given to out-standing government offi ces and TESDA accredited school institutions in recognition of their benefi cial contribution to the promotion of technical educa-tion and skills training in the country. Congressman Emano’s offi ce was earlier cited as the Regional win-ner for Region 10 and Provincial winner for Misamis Oriental among all local level offi ces with TESDA programs. Congressman Emano bested other national con-tenders for the award who were named regional win-ners from all other regions all over the country such as the Provinces of Tarlac, Compostela Valley and Quirino, the Cities of Mandaluyong, Sorsogon and Dipolog, the 4th Congressional District of Batangas and 1st Congressional District of Oriental Mindoro, among others. Since 2007 when he assumed offi ce as Representa-tive of the 2nd District of Misamis Oriental, Cong. Emano has been very persistent in carrying out his agenda on education which includes the provision of scholarship grants for skills training of poor and deserving student constituents. Dubbed as ISKOLAR KO NI BAMBI (IKNB), his education program has so far benefi ted over 5000 students, many of whom have already graduated and landed jobs even abroad. Th is IKNB program has developed into a dynamic organization of students coming from the diff erent municipalities/city in the district who gather to-gether yearly for solidarity, which yearly assemblage allows them to avail of the opportunity to be recog-nized as actively involved members of the society. Aft er receiving the highly regarded award, Cong. Emano reiterated his fi rm commitment to continu-ally provide avenues that help the students achieve their ambitions through the pursuit of education, technical or otherwise.

EMANO TOPS THE 2011 TESDA NATIONAL

KABALIKAT AWARDS

Emano, 3rd from right with his prize plaque poses with (from right) TESDA Dir. Gen. Villanueva, DBM Sec. Abad, representatives of the Province of Bohol and other TESDA offi cials

Emano and his staff with Speaker Belmonte during the presentation of the National and Regional TESDA Awards in the House of Representatives

Emano, the National Winner and Region-10 Awardee with DBM Secretary Abad, TESDA Dir. Gen. Villanueva and the rest of the regional awardees.

IKNB students gather together in the yearly IKNB General Assembly

Page 24: BusinessWeek Mindanao aug 29

20 BusinessWeekMINDANAO

August 29-Sept. 4, 2011 Life.BizLife.Biz

THE onslaught in Ma-nila of ‘90s iconic acts mounts with excitement reaching fever pitch in anticipation of the All-4-One and Color Me Badd back-to-back concert at the Araneta Col iseum on Sept. 7. Both iconic

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‘90s bands are set to thrill their Filipino audience on Sept. 7 with a repertoire of all their greatest hits and the multi-platinum songs of Michael Jackson as the bands’ tribute to the King of Pop. After Araneta Coli-seum on Sept. 7, Color Me

Badd and All-4-One will hold shows at the Water-front Hotel in Cebu on Sept. 9 and at Limketkai Mall in Cagayan de Oro on Sept. 10. Color Me Badd is the global phenomenon be-hind the monster hits “I

Wanna Sex You Up,” “I Adore Mi Amor,” “A l l 4 Love,” “Wildf lower,” “Thinkin’ Back,” “Slow Motion,” “Sexual Capac-ity,” “The Earth, The Sun And The Rain” and “Close To Heaven.” The R&B/hip hop group, was discovered

in 1990 by Robert Bell of Kool & The Gang, is com-posed of Bryan Abrams, Mark Calderon and Kevin Thornton. The group has racked up 8.8 mi l l ion records sales worldwide of their a lbu m s “C . M .B .” (re -leased in 1991), “Young, Gifted & Badd: The Re-mixes” (1992), “Time And Chance” (1993), “Now And Forever” (1996), “Awaken-ing” (1998) and “The Best Of Color Me Badd” (2000). All-4-One, on the oth-er hand, is acknowledged in the music industry as the “Dukes of R&B.” Their biggest hit, “I Swear,” from their eponymous debut CD released in 1994, won a Grammy Award for Best Pop Performance by a Duo or Group with Vocal in 1995. The song also en-joyed an eleven-week run on top of the Billboard Hot 100 and it has been named by ASCAP as one of the greatest love songs of the 20th century. But it wasn’t as if All-4-One is one-hit-wonder. Another song, “I Can Love You Like That,” zoomed up the charts---as with

“These Arms,” “Beautiful As U,” “I Will Be Right Here,” “She’s Got Skillz,” “ S o M u c h I n L o v e ,” “Someone Who Lives In Your Heart,” “I’m Your Man” and “I Just Wanna Be Your Everything.” And who can forget “Someday,” the theme song of Disney film, “The Hunchback of Notre Dame”? Composed of Ja mie Jones, Delious Kennedy, Alfred Nevarez and Tony Borowiak, All-4-One has sold 22 million records worldwide. In their dis-cography are “All-4-One,” “And The Music Speaks,” “On And On,” “A41,” “Split Personality,” “No Regrets” and even “An All-4-One Christmas.” The back-to-back con-cert of Color Me Badd and All-4-One in Cagayan de Oro City is made possible by Ovation Productions in cooperation Bigby’s Café, Steve’s Barbeque, Para-sat Digital, Dunkin Do-nuts and Samrey Printing Press. Tickets are priced at P1500, P1000, and P500. For ticket inquiries, please c a l l t he 24 /7 Hot l i ne 0921.611.0000.

Page 25: BusinessWeek Mindanao aug 29

21August 29-Sept. 4, 2011BusinessWeekMINDANAO

P.E. Rhythmic Dance Festival 2011, a success- prelude to 2013 Guinness Book of RecordsBy JOE PALABAO topped the Best in Costume

Award category. Th e Gusa El-ementary School dancers wore cute bumble bee costumes which awed the audience. In the Grand Finale pre-sentation, the 10,220 par-ticipants formed a Map of Cagayan de Oro City as they performed the P.E. Rhythmic Dance movements, choreog-raphy and storylines of the theme song of Cagayan de Oro’s tagline which is the City of Golden Friendship or the City in Bloom, Blossom and in Boom. It was also a spell-binding GR AND FINALE REHEARSHAL performance for the event of 2013. Th e organizers will be tap-ping MILO for the uniforms of the 20,000 participants and dancers in aiming for the Guinness Book of Records’ highest number of partici-pants in one-of-a-kind rhyth-mic dance to ever happen in the world. Th e P.E. Rhythmic Dance Festival is a brainchild of DOT 10 which was conceptualized by Tourism director Catalino ‘Butch’ E. Chan 111. It was a major event which comple-mented the other four core fi esta events: Th e Golden Float Parade, Halad sa Lambagohan, Folkloric Dance Showcase and the Ms. Kagay-an Pageant. The Dance Festival was ably supported by the Dept. of Education (DepED 10) un-der the leadership of Region-al Dir. Luz A. Almeda, and

CAGAYAN de Oro City -- Ten thousand two hundred twenty (10,220) participants and dancers to this year’s P.E. Rhythmic Dance Festi-val 2011, and more than fi ve thousand spectators fi lled the Pelaez Sports Complex this city on August 25, 2011 for the grand event. T he g r a nd io s e , s p e l l bounding and mesmerizing rhythmic dances performed by the seven participating schools from this City was said to be a prelude to the 2013 Rhythmic Dance Festival aimed to land the Guinness Book of Records, a world re-cord to reckon with, where 20,000 participants are ex-pected to take part. Th is year’s rhythmic dance festival here saw Misamis Oriental General Comprehen-sive High School (MOGCHS) romping away with the pres-tigious Best in Presentation Award. MOGCHA also won special awards in Original-ity and Creativity and Best in Choreography. With 1,900 participants performing the rhy thmic dance, the City Nationa l High School also bagged the Most Number of Participants Award. It also won the Most Clean and Disciplined Group and the Darling of the Crowd/Loudest Cheers Award. Gusa Elementary School got the nod of the judges as well as of the crowd as they

was also successful through the eff orts of the school heads and principals of participat-ing schools: Gusa Elementary School headed by Mr. Em-manuel B. Alinguig, Princi-pal 111, Lumbia Elementary School headed by Conniebel C. Nistal, Ph.D.; Bulua Na-tional High School headed by Nimfa R. Lago, Principal 111, Puntod National High School headed by Gina F.

Labitad, Ph.D.; City National High School headed by En-riqueta Pabelik, Principal 11; Carmen National High School headed Mr. Alfredo C. Tongco, Principal 1, and the Misamis Oriental General Comprehensive High School headed by Mr. Pedro H. Mon-tejo, Principal 1V. Th e Rhythmic Dance Fes-tival was hosted by Julius Tasarra of the City Informa-

tion Office (CIO) and Ms. Anna Maris Igpit, former Bb. Pilipinas 2006 World who represented the Philippines in Poland, and a business woman and a talent of GMA 7 Cebu. Joe Awiten of Dance Sport Lat-in performers was in charge of the order and discipline of the 10,220 participants. The Grand Finale inter-preting the CDO jingle was choreographed by Mrs. Rafa-

ela “Pai” Cabrillos, a trainor from Bulua National High School. Publicity and Promotion was handled by Business Week Mindanao. Th e over-all success of the P.E. Rhythmic Dance Festival 2011 was due also to the tu-telage and facilitation of Ms. Chaz Ladera of the Depart-ment of Tourism 10. Kudos to all.

Page 26: BusinessWeek Mindanao aug 29

TourismTourism22 BusinessWeekMINDANAO

August 29-Sept. 4, 2011

INVITATION TO BID FOR THE SUPPLY AND DELIVERY OF CONSTRUCTION MATERIALS

1. The Local Government Unit of Wao, through the TRUST FUND, intends to apply the sum of P3,439,507.00 (Three Million Four Hundred Thirty Nine Five Hundred Seven pesos) being the Approved Budget for the Contract (ABC) to payments under the contract for THE SUPPLY AND DELIVERY OF CONSTRUCTION MATERIALS . Bids received in excess of the ABC shall be automatically rejected at bid opening.

2. The Local Government Unit of Wao now invites bids for the supply and delivery of construction ma-terials, plumbing and electrical supplies. Delivery of the Goods is required within 15 days after receipt of Notice to Proceed. Bidders should have completed, within the last two years from the date of submission and receipt of bids, a contract similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II. Instruction to Bidders.

3. Bidding will be conducted through open competitive bidding procedures using a non-discretionary “pass/fail” criterion as specifi ed in the Implementing Rules and Regulations (IRR) of Republic Act (RA) 9184, otherwise known as the “Government Procurement Reform Act”.

Bidding is open to all interested bidders, whether local or foreign, subject to the conditions for eligibility provided in the IRR of RA 9184.

4. Interested bidders may obtain further information from the Local Government Unit of Wao and inspect the Bidding Documents at the address given below during offi ce hours 8:00-12:00 a.m. and 1:00-5:00 p.m, Monday to Friday.

5. A complete set of Bidding Documents may be purchased by interested Bidders on August 23-Sep-tember 13, 2011, 9:00 a.m. from the address below and upon payment of a nonrefundable fee for the Bidding Documents in the amount of P5,000.00 (Five thousand pesos).

It may also be downloaded free of charge from the website of the Philippine Government Electronic procurement System (PhilGEPS), provided that Bidders shall pay the nonrefundable fee for the Bidding Documents not later than the submission of their bids.

6. The Local Government Unit of Wao will hold a Pre-Bid Conference on September 01, 2011, 10:00 a.m. at the SB session hall of the Municipal building which shall be open to all interested parties.

7. Bids must be delivered to the address below on or before September 13, 2011, 10:00 a.m. All Bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18.

Bid opening shall be on September 13, 2011, 10:00 a.m at the SB session hall of the Municipal building. Bids will be opened in the presence of the Bidders’ representatives who choose to attend at the address below. Late bids shall not be accepted.

8. The Local Government Unit of Wao reserves the right to accept or reject any bid, to annul the bid-ding process, and to reject any or all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or bidders.

9. For further information, please refer to:

THE BAC SECRETARIATOffi ce of the Municipal MayorContact #: 09192719104Email add: omm_wao @yahoo.com.ph (Sgd)LOMINOG S. POLAYAGAN, AL HAJ CHAIRMAN, BAC

Republic of the PhilippinesAUTONOMOUS REGION IN MUSLIM MINDANAO

Province of Lanao del SurMunicipality of Wao

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no scars.” But who says skin care is a highly feminine routine only? Grooming too is very essen-tial to men. Males deserve to have their skin taken cared of and can defi nitely maintain a nightly or daily regimen. Rhamric Simpron, a dance choreographer and manager of D2K dance crew and an agent in JP Morgan Chase & Co. have said, “GT Cosmetics is really eff ective. Th anks so much! When I started using it on the fi rst 2 days, I can already see the diff erence. My skin (face) has tightened. I am using Clarifi ance, Bleaching Cream and Carrot soap. My face has reddened a bit like I am mestizo. Haha! It is really amazing because I am getting the skin that I need!” Mark Calog, a call center agent in Convergys, agrees with Simpron. He too uses the GT Carrot soap and Clarifi -ance regularly especially that he needs to make his skin healthy even if he works on a graveyard shift. “I really recommend GT products to my work colleagues!” Raymund Negapatan, a cabin crew at Air Atlanta Icelandic, uses GT Cosmetics to maintain the beauty of his skin, “I love GT Cosmetics coz it’s all natural-based that I don’t need to worry for any side effects. Thank you so much, GT!” Th rough the GT Cosmet-ics online community, “GT & Me”, these image models will be visible to reach out to other GT users online in any part of the world. Th ey will stand as inspiration that truly Gandang Tunay brings out the best in each one of us. Photos of our image models are now ready for viewing on

CU nursing stude crowned Miss Kagay-an 2011By JOE PALABAO, Feature Editor CAGAYAN de Oro City––

Angel Carbajal, a witty, charming and intelligent Nursing student of Capitol University, was crowned MISS KAGAY-AN 2011. She also won three Special Awards as Ms. Darling of the Press, Ms. Sunstar Cagayan, and Ms. Kapuso of GMA.

Th e other equally lovely winners were Jamie Joy Bantigue, 1st Runner Up and Ms. Kagay-an Tourism 2011; Christel Valdehueza, 2nd Runner Up; Elaine Roselle Aquino, 3rd Run-ner Up; and April Darlin Jane B. Hernandez, 4th Runner Up.

Th e beautiful and love-ly ladies will represent Cagayan de Oro City’s tourism biodiversity pro-motion, civic and social activities.

Lovely and fabulous 1st Runner Up and Ms. Kagay-an Tourism was Jamie Joy Bantique who was also a Special Awards runaway winner. She won seven Special Awards as Best in Casual Wear; Ms. ABS CBN Star of the Night; Best in Talent and Ms. Sunsilk Expertly Touched Beau-

rot soap for her young skin to maintain its fresh-looking while it removes dark spots on her face. “As I’m in my teen-age years, I oft en go through having pimples on my face, but GT Carrot soap is eff ec-tive in removing them leaving

isn’t diffi cult to apply on my skin.” Edzel Peggy, a freshman HRM student at SouthWest-ern University, uses GT Car-

tiful Hair; Best in Long Gown and Ms. Creamsilk Stunning Shine; Globe Texters Choice; Ms. Na-tures Spring CDO; and Ms. Samsung. (She received a 32” Samsung TV).

Candidate number 11, Hanna Melissa Aleman Cagas was Best in Swim Wear and Ms. PONDS White Beauty Naturals; Candidate number 1, Ms. Joanna Grace Daaca was Ms. MAGS/Ms. Photogenic and Ms. Close-up Freshest Smile.

Candidate number 5, Sonia Bacasmot bagged the Ms. Golden Friendsip, while Candidate number 4, Elaine Roselle Aquino was named Ms. LBC Cus-tomer’s Choice Award and Ms. LBC Reyna ng Padala.

Th e Ms. Kagay-an 2011 sponsors and facilitators included: Promote CDO Foundation, Inc., under the able and dynamic leadership of its president, Ruben Vegafria, in part-nership with the City Gov-ernment of Cagayan de Oro City; Mayor Vicente Y. Emano with the City Tour-ism Officer-Ms. Emma Rae Gatuslao; and Depart-

ment of Tourism 10 direc-tor Catalino E. “Butch” Chan 111; Ms. Maria Elena O.Manalo-OIC and Super-vising Trustee; and Ms. Josephine Roque-Pageant Coordinator and Mr. De-cius Esmedalla.

Other sponsors of the successful and prestigious Ms. Kagay-an 2011, were: Unilever Phil ippines; MAGS, LB C Hari ng Padala, Limketkai Center, TIEZA, GMA Network, A B S - C B N , S amsu ng , SMART, Globe, DOT 10, City Government of Cagayan, Promote CDO, BDO, ICI, KIA Motors, Iconic Fashion, ORO-RAMA, N Hotel, UKC, SM City and SM Dept. Store, Gardens of Malasag Mountain Resort, Missy Bon Bon, Philtown Hotel, Grand City Hotel, The VIP Hotel, Nature’ Spring, MAX’S Restaurant, Gaisa-no, Bigby’s Café & Restau-rant, Mom’s Corner, Pryce Plaza Hotel, Kagay, Jatico, MODTRADE, The Dy-nasty Court Hotel, Parasat Digital, BUSINESS WEEK MINDANAO, Mindanao Daily Balita, Coco Cabana and GIBI Shoes.

(Photo) Reigning MISS KAGAY-AN 2011-Angel Carbajal (Center) with her court: 1st Runner Up and Ms. Kagay-an Tourism 2011-Jamie Joy Bantigue, 2nd Runner Up-Christel Valdehueza, 3rd Runner Up-Elaine Roselle Aquino and 4th Runner Up April Darlin Jane B. Hernandez. PHOTO BY ROLANDO SUDARIA

OROCHAMBER partners with Germany’s TUV SUD for the “Food Safety and Management” Forum held August 18 with 56 representatives from different hotels, organizations and member fi rms regionwide. The other forum partners include BusinessWeek, CDO Sunstar, PIA 10, Parasat Cable TV, Magnum Radio and Mindanao Current.

Page 27: BusinessWeek Mindanao aug 29

23BusinessWeekMINDANAO August 29-Sept. 4, 2011

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

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Hotel Koresco Pueblo de Oro Golf Course,CDO, Tel. No. [088] 851-6094/

859-2292 to 99, E-mail:[email protected]

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

E-mail:[email protected]

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

E-mail:[email protected]

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: [email protected]

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

Hotel ConchitaYacapin Ext. CDO, Tel. No. 727356 / 856-3856

E-mail:[email protected]

Harbor Lights HotelGusa, CDO

Tel. No. 724878 / 855-6060

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:[email protected]

Apple Tree Resort and HotelTaboc, Opol, Misamis Oriental,

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

Discovery HotelLimketkai Drive, CDO tel. No. 72-78-14, 72-73-20

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: [email protected]

Cagayan Riverview InnVamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/

858-4245, E-mail:[email protected]

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

E-mail:[email protected]

Nature PensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNEVelez-Macahambus Sts, CDO

Tel Nos. 8571776, 721776email : gchreservati [email protected]

Middleton ApartelleLirio St. Carmen, CDO

Tel. No. 723665 / 723580 / 858-4839

Sir George Pension HousePabayo-Gaerlan St. Cagayan de Oro Citytel. No. 856-1990, 856-2004, 856-4447

Miami INNVamenta Boulevard, Carmen , CDO

Tel No. 858-1901, 72-52-79

DINAH’S BEACH RESORTBrgy san Juan, Gingoog City Tel No. (088) 861-3044

Malasag Eco Tourism Villages

Cugman, CDOTel. No.855-6183 [088]309-3752

HOTELSRESTAURANTS

MISS PHILIPPINES EARTH BEAUTIESMayor Vicente Y. Emano and Vice Mayor Caesar Ian Acenas with Miss Philippines Earth 2011 winners (not in order) ATHENA MAE IMPERIAL (Casiguran, Aurora), Miss Philippines Air: JONAVI RAISA QUIRAY (Puerto Princesa City) Miss Philippines Water: MURIELLE ADRIENNE ORAIS (Cebu City), Miss Philippines Fire: MICHELLE GAVAGAN (Las Pinas City) and Miss Philippines Eco-Tourism: TARHATA CLIO SHARI RICO (Makati City) during a courtesy call on Aug.

CAGAYAN de Oro Vice Mayor Cesar Ian Acenas and Giardini del Sole President Giovanni Boschi spearhead the ceremonial cut-ting of ribbon during the grandiose opening of Giardini Del Sole showroom and factory outlet located at Kauswagan Highway, Cagayan de Oro City, August 21, 2011. BWM PHOTO BY ROLANDO SUDARIA

By JOE PALABAO CAGAYAN de Oro City––August 20, 2011 was the gran-diose opening of the show-room and factory outlet of Giardini Del Sole, located at Kauswagan Highway, Cagay-an de Oro City. Giardini De Sole is the country’s premier manufacturer of exquisite wooden furniture designed for perfection and quality and for the next generation to admire and appreciate. Giardini del Sole furniture pieces are made in “Italian quality and a touch of Filipino craft smanship”. Th e opening was just in time for Cagayan de Oro’s Annual Kagayha-an Festival 2011. It did its share to promote trade, culinary, sports, culture and tourism events. Rev. Fr. Kenny Palingayan, a Blessed Sacrament priest, blessed the beautiful furniture

Giardini Del Sole Showroom and Factory outlet opens in Oro

pieces and invoked God’s blessings for the continuing growth and success of the business. Vice Mayor Cesar Ian Acenas, was the guest of honor and did the cutting of ceremonial ribbon. He was assisted by the Giardini del Sole president Giovanni Bos-chi and Ms. Giovie Lynn A. Boschi-vice president. Present also were the Giardini del Sole Cagayan de Oro staff and workers headed by Ms. Gloce-lyn Pallugna, manager, and a host of marketing people, guests and prospective buy-ers. Th en company’s president Giovanni Boschi announced that they will soon open a fac-tory in Cagayan de Oro con-sidering its bustling economic growth, its strategic and geo-graphic location, the employ of more Kagay-anons, and its accessibility to raw materials. To date Giardini del Sole has

more than 500 skilled workers and employees. Putting up a factory would also be an answer to the grow-ing needs of the company’s export and local business. The Local Government

of Cagayan de Oro, through Vice Mayor Cesar Ian Acenas, assured Giardini del Sole of a strong support for the suc-cess and growth of the busi-ness. He said, the company

GIARDINI/PAGE 15

Page 28: BusinessWeek Mindanao aug 29

24 BusinessWeekMINDANAO

August 29-Spt. 4, 2011

FOREIGN and domestic tourists, locales & Kagay-anons!

Succulent! Lamian Kaayo! Roasted Lechon Belly is now in Cagayan de Oro City. lt is so “yum-my” to the Discriminating ‘PanlasangPinoy’. lt is oven-cooked Filipino way with lemon grass good for 10 to 15 persons and is served as add-on to any ordinary and special occasions.

For two (2) long years, this mouth-watering foodie Filipino cuisine has been crafted and pro-cessed to perfection using 3kilos of fresh pork belly and available as A PASALUBONG in a nice packaging to hand carry.

So experience and enjoy our pasalubong treats: Order for the best roasted lechon belly.

Baked Blueberry CheesecakeFor your dessert taste their one of kind baked

Blueberry Cheesecake. Delightful cake not too

DYNASTY COURT HOTEL CHINESE RESTAURANT

NEW PRODUCT AND BEST SELLERS

Delicious Lechon Belly now in Cagayan de Oro

SO WHY WAIT! CALL! PLACE YOUR ORDERS AND RESERVATIONS NOW!

sweet enough that melts right into your mouth and your taste buds would like to have more and more and more. Baked Blueberry Cheesecake is also one their best dessert pasalubong item.

As you dine with your loved ones order also for their Best Sellers: The Famous So Pinoy Awardee Pancit Canton; Shantung Chicken, Lumpia Shang-hai and their Patatim cooked to excellence.

These gourmet cuisines are only available at the ‘DYNASTY COURT HOTEL CHINESE RES-TAURANT, one of the Finest Restaurant in town.

For orders and reservations contact the Dy-nasty Court Hotel-Tiano Brothers corner Archbishop, Hayes Streets, Cagayan de Oro City 90OO Philip-pines with Tel Numbers +63 {08822) 724516/726962/726876/725934/728101/725969; +63 (088) 857-1250/857-4802/857-5292 Fax: +63 (9922) 727825; Email: [email protected] and visit their website www.dynasycourthotel.net.

By JOE PALABAO