businessweek mindanao august 17,2012

P15.00Issue No. 99, Volume III • August 17-19, 2012

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Kahimunan trade fairTHE Kagay-an Festival 2012 has now 10 core events. The city fiesta committee chaired by Vice Mayor Cae-sar Ian Acenas has included the Kahimunan Trade Fair as one of the highlights of the fiesta celebration. To be spearheaded by the Department of Trade and Industry (DIT-10), the trade fair will showcase products from other cities and municipalities in the region such as fashion jewelries, furnitures, house-wares, among others. A b o u t 5 0 M i c r o -Small-Medium Enterprise (MSMEs) will be participat-ing in the activity, which will be held at the SM City entrance from Aug. 25 to Aug 31.

IT project DAVAO City -- The e-UP, an information technology project of the University of the Philippines (UP) system, will greatly benefit UP Min-danao, says UP Mindanao chancellor Gilda Rivero. “A lot, it makes it more efficient,” Rivero said when asked if the IT project would yield benefits to the Mind-anao campus. Rivero cited e-UP’s ben-efits in terms of enhancing manpower efficiency. “UP Mindanao is lean particularly on manpower,” she said, adding that the IT project will help them perform their tasks more efficiently.

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OFF FOR A FISHING EXPEDITION. Fisherman Dodong Libres of San Agustin, Surigao del Sur, inspects his net as he prepares his gears for another fishing expedition as the weather becoming clearer.

PHOTO BY JUN AYENSA

By NELSON V. CONSTANTINO, Editor-in-Chiefand PAT SAMONTE, Caraga Bureau Chief

BUTUAN City – While Mindanao continues to be within the radar of

foreign investors, several limit-ing factors hinder the island’s development, the Philippine Chamber of Commerce and Industry (PCCI) said. PCCI President Miguel B. Varela said the much-detested cabotage law and the drawn-out licensing-and-permitting process are among the major policies that stif le the advance of investments in Mindanao. “Mindanao has very high potentials. Sadly, development in this part of the country has been marred by limited dynamism,” Varela said during the re-cently concluded 20th Mindanao Business Conference held here from August 2 to 5. He said Mindanao’s agriculture sec-tor, for instance, “has difficulty taking off because of insufficient demand and limited market at the domestic level.”

Moratorium on plantation expansion eyed

MALAYBALAY City – In an effort to avert further denudation of the province’s remaining forest reserves, the Bukidnon provincial government is keen on adopting a moratorium in expanding fruit plantations following a resolution filed by the Malaybalay and Valencia city governments. The measure is aimed at prevent-ing flash floods and forest denudation similar to what happened in Luzon last week.

By NEF T. LUCZON, Correspondent

Bukidnon’s forest reserves are endangered by continued plan-tation expansion.

Davao City approves new incentives code

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO CITY -- The city council has passed an ordinance that amends the 1994 Investment Incentives Code with new priority investment areas. The amended code, yet to be signed by Mayor Sara Z. Duterte-Carpio, would lift the moratorium imposed on incen-tives offered to new investments. The amended ordinance will make the city responsive to the needs of those who will bring their capital to the city, said Davao City Investment and Promotions Center

Aboitiz to build new hydro plant in DavaoLISTED Aboitiz Power Corp. (AboitizPower) said its wholly owned Hedcor Inc. recently broke ground for the construction of the 7-megawatt (mw) Tudaya hy-dropower-2 plant in Sta. Cruz, Davao del Sur. AboitizPower said the Tudaya-2 is estimated to cost

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2 August 17-19, 2012 EconomyEconomy www.businessweekmindanao.com

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Business confidence in Soccsksargen remains bullish: BSPBy CATHERINE T. APELACIO, Contributor

GENERAL Santos City -- Business confidence is up in Mindanao, the Bangko Sentral ng Pilipinas (BSP) said.

the “Business sentiment in Regions 11 and 12 turned more bullish in the second quarter of 2012, with the overall confidence indices (CIs) turning more posi-tive” compared to previous quarter. “We see that in Region 11, the trade and services sectors contributed to the region’s more favorable view of the economy. Continued business expansion and in-creased demand were cited by respondents as reasons for their more buoyant outlook,”

“Business confidence in the region remains positive especially in Regions 11 and 12,” said Rosabel Guerrero, director of BSP-Department of Economic Statistics dur-ing an awards ceremony and appreciation lunch for BSP stakeholders on Tuesday (Aug 7) at East Asia Royale Hotel here.

Guerrero said the “fu-ture conditions of business and the economy” is deter-mined through the Business Expectations Survey (BES) conducted by the BSP quar-terly among 1,587 companies belonging to the top 7,000 corporations of the Philip-pines. She said based on survey,

Guerrero told BSP stakehold-ers composed of public and private sectors here. While she reported a slight decline in business confidence of the industry sector in Mindanao, it has, however, improved in Region 12 in the second quarter of 2011. “The more optimistic outlook of firms in the whole-sale and retail trade sector contributed to the more fa-vorable business prospects in the region. Meanwhile, the sentiment of the indus-try sector declined but re-mained positive,” Guerrero explained. This “sanguine” outlook, according to her is affected by certain factors such as increased orders, bigger fi-nancial transactions, and opening of fishing grounds in the Western Pacific seas. BSP maintained that Min-danao’s economy is steered by vital “economic indica-tors” such as population and employment, economic growth and prices, financial resources, investments and income of top corporations, and business expectations. In her report of Mindanao Development Indicators, Guerrero said that although the economic growth of Min-danao declined from 4.7 percent in 2010 to 3.2 per-cent in 2011, “Soccsksargen’s economy expanded by 4.0 percent in 2011, higher than the 2.0 percent in 2010.” She cited agriculture, fishery and forestry sectors

as Mindanao’s most signifi-cant assets that contributed to the national economy. The BSP report also in-dicated that inf lation in the Philippines in June 2012 was slightly lower compared to the month of May and was below its 3.0–5.0 percent target for 2012. “Except for Zamboanga and Soccsksargen, the June 2012 infl ation rates in the re-gions of Mindanao were lower compared to those of the previous month,” Guerrero pointed out, saying northern Mindanao and Caraga’s infl a-tion rates were higher than that of national average in June 2012 but still lie within the infl ation target. For banking system, the number of banks remained widely sound in Soccsksar-gen with 178 branches and 15 head offices. Of the 4,869 universal and commercial banks in the Philippines as of March 2012, 100 of these are found in Soccsksargen along with 19 thrift bank offices out of the 1,547 thrift banks in the country. The report also cited an increase in rural and co-operative banks across all regions in Mindanao except for Autonomous Region in Muslim Mindanao (ARMM) with 73 rural and coopera-tive banks in Soccsksargen out of 2,737 registries in the country. In addition, Guerrero cited the continuous growth in lending activity in Socc-

sksargen in the first half of 2011 posting an 11.4 percent growth. There was also a notable expansion of “deposit generation” in Mindanao except in ARMM. This growth indicates easier access to credit and more money to be used for productive activities in the regions especially for Zam-boanga, Northern Mindanao, Davao and Caraga, she said, explaining that “loans to deposit ratios” in these areas have increased in June 2011. But overa l l, she said growth across Mindanao regions continued to decel-erate compared to previous years. She also said that trade and industry remained “the biggest sectors” for Soccsk-sargen in 2010 while invest-ments, income and profits of top corporations in the entire Mindanao region are continuously increasing at double digit levels. Guerrero pointed out that although “unemployment rate in Mindanao increased slightly but it remains low.” Meanwhile, Demetrio Casipong, director of BSP Davao regional office said “the Philippine economy continues to remain resilient despite the global economic woes” with the “regional economic growth also gain-ing ground.” But BSP also expressed concern over Mindanao’s growing population saying it is “growing faster than the whole Philippines.”

Davao expects low supply of veggies due to calamities

By RUDOLF IAN G. ALAMAContributor

have been shipping their veggies to Luzon as Benguet, the chief vegetable produc-ing area in Luzon remains inaccessible as highways to the area remain affected by the typhoon. Guesting at Club 888 at Marco Polo Davao, Acain said that presently they are shipping 10% of their veg-etable produce to Luzon. He also said that the industry is

DAVAO City -- Davao Region is expected to feel the pinch of a low supply of vegetables as Luzon is continually bat-tered by storms. Ray Acain president of the Vegetable Industry Council in Southerm Mindanao (Vic-smin) said that as of last week, the region’s vegetable traders

expecting the worst in two weeks time where 60% of their produce will be shipped to Luzon. He said that the situation is now reflected where prices of vegetables have gone up primarily cabbages which formerly priced at P20 a kilo has skyrocketed to P50. Other vegetables expected to increase are carrots, squash and brocolli. He said that in Tagum there is already a dearth in the supply of squash. Acain said that the shift in supply is a business de-cision as traders normally would ship their produce to markets which offer higher prices which is in Luzon. The Vicsmin prexy said the situation is similar to when typhoon Ondoy struck Luzon when the price of cabbage went up to P60. However he says that prices would return to normal when the situation in Luzon would normalize. If the supply problem persist among those that would be affected would be Davao City which consumes around 80 tons of vegetable daily yet it produces only 6-8 tons of veggies, the rest of the supply are sourced from other vegetable producing areas in the region.

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3August 17-19, 2012 www.businessweekmindanao.com


4 August 17-19, 2012 CompaniesCompanies www.businessweekmindanao.com


Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial Region Branch 44 Initao, Misamis Oriental

IN THE MATTER OF THE PETITION SPEC.PROC.NO, 2012-1104FOR CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF MERLINDA SUMAOY-PILTCHMERLINDA SUMAOY-PILTCH, Petitioner, -versus-

LOCAL CIVIL REGISTER OF INITAO, MISAMIS ORIENTAL Respondent.x------------------------------------------/

ORDER

Let this case be heard on September 13, 2012 at 8:30 a.m., at this court sitting at the Hall of Justice, Poblacion, Initao, Misamis Oriental. The Civil Registrar concerned and any person having or claiming any interest under the certificate of live birth whose cancellation/correction is sought may, within fifteen (15) days from notice of the petition, file his or her opposition thereto. At the expense of the petitioner, let a copy of this Order be published once a week for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental. Further, let a copy of this Order and the petition be posted at the bulletin boards of the entrance door of this court, Hall of Justice and Municipal Hall, all of Initao, Misamis Oriental. Finally, let a copy of the petition and this Order be furnished to the Office of the Solicitor General and the Office of the Civil Registrar concerned. SO ORDERED. Initao, Misamis Oriental, July 13, 2012

(Sgd.) ARTHUR L. ABUNDIENTE Acting Presiding Judge

BWM: Aug. 3, 10 & 17, 2012

Republic of the Philippines TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 41

Cagayan de Oro City2012-335

OFFICE OF THE PROVINCIAL SHERIFF File No. 2012-190

NOTICE OF EXTRA-JUDICIAL SALE

Upon Extra-judicial petition for sale under Act 3135/1508 filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), a government owned and controlled corporation created under P.D, No, 1267, with postal address at 104 Amorsolo St, Legaspi Village, Makati City, against MYRNA DE LOS REYES, single, of legal age, Filipino and a resident of MELECIA HOMES SUBD. BLK 1, LOT 10 UPPER MACASANDIG, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of June 30, 2012 amounts to SIX HUNDRED NINETY ONE THOUSAND NINETY-THREE PESOS & 70/100 ONLY (P691,093.70) Philippine Currency, excluding penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff or his duly authorized deputy will sell at public auction on September 19, 2012 at 10:00 o’clock in the morning at the main entrance of the Regional Trial Court, Branch 41, Capitol Compound, A. Luna Street, Cagayan de Oro City to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal property to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-78820 A PARCEL OF LAND (Lot 10, Block 1, Pcs-104305-00138. being a portion of Lot 2822-C-9, Lot 2822-C-10, Psd-10-015002; Lot 2822-B (LRC Psd-184434), situated in the Bario of Macasandig, City of Cagayan de Oro, Island of Mindanao. Consisting an area of ONE HUNDRED THIRTY (130) square meters, more or less.

All sealed bids must be submitted to the undersigned on the above-stated date time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, July 19, 2012.

FOR THE PROVINCIAL SHERIFF By: (Sgd.) ALDEN V. SAMBAAN Sheriff IVBWM: August 3, 10 & 17, 2012

Republic of the PhilippinesRegional Trial Court of Misamis Oriental



IN RE: PETITION FOR CORRECTION OF SPEC. PROC. CASEENTRIES IN THE CERTIFICATE OF LIVE BIRTH NO. 2012-007OF THE MINOR, MARVIN ATAYDE GALLARDE,WITH RESPECT TO HIS GENDER/SEX, FROMFEMALE TO MALE, TO THE FIRST NAME OF HISFATHER, FROM BIENVINIDO TO BIENVENIDO,AND TO THE DATE AND PLACE OF MARRIAGE OF HIS PARENTS, FROMJANUARY 9, 1993 AT TALAHIRON, KIBAWE,BUKIDNON TO MARCH 1, 2003 AT JASAAN,MISAMIS ORIENTAL,

BIENVENIDO P. GALLARDE, Petitioner, -versus-THE LOCAL CIVIL REGISTRAR OF OPOL,MISAMIS ORIENTAL, Respondent.x--------------------------------------------------------- /

AMENDED ORDER On January 23, 2012, after this Court found the Petition sufficient in form and substance, this case was set for hearing last March 22, 2012. On said date, petitioner informed the Court that he was unable to comply with the jurisdictional requirements, thus this case was reset twice until counsel informed this Court that petitioner did not actually cause the publication of the January 23, 2012 Order. On motion, this Court granted petitioner’s prayer to issue this Amended Order. Set the initial hearing on the Petition filed by the Public Attorney’s Office for Correction of Entries in the Certificate of Live Birth of Marvin Atayde Gallarde with respect to Gender/Sex from “Female” to “Male”, First Name of his father from “Bienvinido” to “Bienvenido”, and the Date and Place of Marriage of Parents from “January 9, 1993 at Talahiron, Kibawe, Bukidnon” to “March 1, 2003 at Jasaan, Misamis Oriental” recorded in the Office of the Local Civil Registrar of Opol, Misamis Oriental on to September 19, 2012 at 8:30 in the morning at the Session Hall of this Court, on which date, time and place, all persons who may have any opposition to the Petition herein sought, may appear to show cause why said Petition should not be granted. Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing. Likewise, let copies of this Order, with Petition attached, be posted at the expense of the petitioner on the bulletin boards of the Court, the Municipal Hall of Opol, Misamis Oriental and the Provincial Capitol of Misamis Oriental for at least ten (10) days prior to the date of hearing. SO ORDERED. 31 July 2012, Cagayan de Oro City.

(Sgd.) EMMANUEL P. PASAL Presiding JudgeBWM: AUG. 10, 17, & 24, 2012

Cebu Pacific named as 3rd best budget airline

in a row, followed by Phuket, Thailand. Palawan in the Philip-pines came in at No. 4, up one notch from last year’s poll. Palawan was tied in fourth place with Siem Reap, Cambodia and the Maldives. Boracay, which is often named among the world’s best beaches, failed to make the Top 10 list, which also included other beach desti-nations such as Koh Samui, Thailand (No. 10) and Lang-kawi, Malaysia (No. 9). Among the Top 10 cities for business, Hong Kong maintained its top ranking, followed by Singapore, Kuala Lumpur, Malaysia and Seoul, South Korea. Manila also did not make that list.

Hotels Many hotels and resorts in the Philippines made it to this year’s Best in Travel Poll. The Makati Shangri-La, Manila and The Peninsula

CEBU Pacific is the t h i rd-be st bud get airline in Asia, a new survey showed, while Palawan was ranked among the best holi-day destinations in the continent. The online survey, Best in Travel Poll 2012, was con-ducted by web magazine SmartTravelAsia.com. Now in its eighth year, the three-month poll was conducted from May to July this year among the websites’ readers, who are said to take over 16 air trips a year. “The focus of the Best in Travel Poll” is to deter-mine which travel brands are sought after and why. The three-month exercise from May to July each year offers

insights for our own edito-rial directions and generates useful comparative research data for hotels and airlines,” editor Vijay Verghese said in an e-mail on Thursday. The poll was dominated mostly by brands from popu-lar Asian destinations such as Hong Kong and Singapore. Cebu Pacific was the only local airline to make the list. It remained at No. 3 among the best budget airlines in Asia, with AirAsia at No. 1 and JetStar Asia at No. 2. Singapore Airlines was voted top airline, as well as No. 1 in business class and cabin service, with Cathay Pacific at No. 2 in the three categories. Singapore’s Changi Air-port was also voted top air-port in the world, dislodging the Hong Kong International Airport, which fell to No. 2.

Holiday destinations Bali, Indonesia remained the top holiday destination in Asia for the second year

Manila, both in Makati, were tied at 24th place in the poll’s Top 25 business hotels, along with the Mandarin Oriental, Tokyo, The Oberoi, New Delhi and The Regent Singapore. Makati Shangri-La was also at No. 24 in last year’s poll, while the Peninsula was at No. 21. The Fullerton Hotel Sin-gapore was voted top business hotel, while Four Seasons Hong Kong was named top conference hotel. Other hotels that made the cut include Shangri-La Mactan (No. 16), Mandala Spa and Villas in Boracay (No. 22) and The Farm at San Benito in Batangas (No. 24) for the Top 25 Spa Hotels and Resorts in Asia category. Three Palawan resorts -- El Nido Lagen Island resort (No. 10), Amanpulo (No. 15) and El Nido Miniloc Island Resort (No. 16) were included in the Top 25 Leisure Hotels and Resorts in Asia category.

Calamity loans rise ten times: Pag-IBIGPAG-IBIG expects calamity loan applicants to increase more than 10 t imes due to the recent f looding in Metro Manila and nearby provinces. At Pag-IBIG’s Pasay branch, there is now an av-erage of 3,000 to 5,000 ap-plicants a day, compared to the normal daily average of 300-500. Pag-IBIG Pasay branch manager Antonio Oblena said the number of appli-cants is way higher than the

number of applicants during Ondoy in 2009. Vice President Jejomar Binay awarded cheques to several loan recipients and assured that the processing should only take 2-3 days to a maximum of 1 week. Interest rates were also cut from 10.75% to just 5.95%. Meanwhile, homeowners with housing loans whose properties were damaged by f loods or landslides are also entitled to a mortgage redemption insurance.

Manulife to open more branches in provincesCANADIAN-based Man-ufacturers Life Insurance Corp. (Manulife) has opened a branch here and plans to open seven more provincial branches this year. Indren S. Naidoo, Manu-life Philippines president and chief executive officer, said the insurer has targeted to increase its branch network to 50 next year from the current 23. “Wherever there is an opportunity for us to open a new branch, we will continue to open. We will be present in any city where we see there’s scale for us to expand very quickly,” Naidoo said as he led the opening of its office in Tacloban City, its 23rd branch in the Philippines. This year, Naidoo said new branches will be opened in Central Visayas, Mind-anao, and Northern Luzon. “Everybody is focused on Metro Manila and Central Luzon. If we don’t go out to the provinces, we will fail,” he added. As of the end of 2011, Manulife had 345,000 insur-

ance policies with $1.1 billion funds under management. The company employs 600 workers and 3,125 agents. The goal is to increase the number of agents by 20% in the next four years, Mr. Naidoo said.

PANEDOTTE PASTRIES

PANEDOTTE PASTRIES are available at Tagoloan, Misamis Oriental, just in front of the Senior Citizens Center in Tago-loan, 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

Available at GAISANO SUPERMART

and at LUMBIA AIRPORT PRE

DEPARTURE AREA

5August 17-19, 2012 www.businessweekmindanao.com


CompaniesCompanies

Holcim to expand waste-to-energy facility in DavaoDAVAO City -- Holcim Philippines will con-struct a P250-million waste-to-energy stream facility aimed at lessening the demand for coal as a cement plant fuel in Davao City.

production cost,” Bernal said. “Th e cement industry is an industry that does not produce wastes,” says Van Wijnen. He says the project will help Davao in disposing their other wastes. However, Van Wijnen said that the alternative fuel for the plant should have been properly segregated as they would rather focus on wastes that can no longer be recycled or reused into other products. He cited coconut husks, which can still be recycled into other materials. Van Wijnen said that the savings from the facility will outstrip the cost of its instal-lation. Also, the infusion of

Roland Van Wijnen, chief operations offi cer of Holcim Philippines, said that the facil-ity will include structures and buildings which are aimed at storing more rice husks, identified as a viable fuel alternative for the cement plant. Th e plant consumes about 600 tons of coal to power its cement plant, and only about 5 percent are alternative fuel, such as canteen and offi ce wastes. “Coal eats up about

40 percent of our produc-tion costs,” Joseph Bernal manager of Holcim’s cement plant said. He said that with the al-ternative fuel feeding system, the company hopes to source 30 percent of the cement plant fuel from alternative wastes such as rice husks, and most of the rice husks will be sourced from Davao region. “From 40 percent we hope to lessen coal costs to about 28 percent of our

the capital for the project will expand the amount of wastes that the company can store. Th ey are targeting to implement the project this year up to 2013. With the construction of the facility, the cement plant can be made more sustainable. Apart from lessening the demand for coal, the facility can also help in reducing wastes. Bernal said that the expan-sion of the waste-to-energy stream facility will be placed at the Ilang cement plant. He said that unused production lines would give way for the expansion.

3-day mall-wide sale at SM-Cag. de Oro

SM City Cagayan de Oro once again brings you great savings and exciting prizes on its 3-day mall-wide sale on August 17, 18 & 19 from 10:00am to 10:00pm. Cardholders can avail of the two-hour special ex-clusive to SM Advantage, Prestige, and BDO Rewards on August 17 from 9:00am to 12:00nn and get an additional 10 percent off on all items at SM Department Store, SM Appliance Center, Ace Hardware, Toy Kingdom, Our Home and Surplus Shop. Get up to 70 percent off on great choices mallwide and be a lucky shopper to win one of the three Asus Eee PC X101H during the daily raff le draws. It’s so easy to join the raff le. For every P500 single or accumulated purchase from SM Department Store, SM Supermarket or from any participating mall establish-ment entitles a shopper to one raff le coupon. At SM Cinema, a customer gets one raff le coupon with every single purchase of four regular theater tickets or two digital theater tickets. Global Pinoy members may get one additional raffl e coupon by presenting their Global Pinoy Cards, along with a minimum P500 worth of single or accumulated pur-chases from any of the par-ticipating mall establishment. Shoppers must present their proof of purchase at

the designated redemption center located at the Entrance 3 Gallery, Ground Floor between David’s Salon and Kidy Park. Raff le draws will be at 9:00pm on August 17 & 18 and 10:00pm on August 19 at the Redemption Booth. Deadline for the submis-sion of entries will be 10 minutes before every draw. The raff le draws will be witnessed by a representa-tive from the Department of Trade and Industry (DTI). SM Department Store will also raff le five Apple iPads with free Globe Prepaid Micro Sim. Avail oneself of five percent rebate, plus free P100 gift pass on a minimum P10,000 credit purchase us-ing your BDO Credit Card. Also shop using your Megalink, Expressnet or Bancnet ATM cards to join the electronic raff le from July 8 to September 30 and get a chance to win one of 150 Samsung Galaxy Tab 7.0. What’s more? Get up close and personal with Pat-rick Garcia on August 17 at 5:00pm, watch the Dance Supremacy 1st National Collegiate Hiphop Dance Competition on August 18 at 4:00pm and catch Paul Salas on August 19 at 5:00pm. Shop till you drop and enjoy the great uptown shop-ping at SM City Cagayan de Oro on its 3 Day Sale on August 17, 18 & 19!

Security Bank earns P5BSECURITY Bank Corpora-tion (PSE: SECB) disclosed its first half 2012 financial results with a net income attributable to equity hold-ers of P 5.0 billion, a 107% increase over the previous year’s P2.4 billion, result-ing from the expansion of the core businesses and securities trading gains. This translates to an an-nualized return on equity (ROE) of 31%. Security Bank President and Chief Executive Of-ficer Alberto S. Villarosa attributed the momentum seen in the bank’s balance

sheet as a testament to the expansive confidence of both international and domestic investors on the Philippine economy as evi-denced by their long-term commitment in growing key sectors in the country. “Although our first semester resu lts were exceptionally strong, we benefited from one-time gain from the disposal of investment securities. Our net interest margins reflect continued stiff competition for deposits and loans,” Mr. Villarosa said.

SECURITY/PAGE 10

PED T. QUIAMJOT

TRAVERSING THETRAVERSING THETOURISM HI-WAYTOURISM HI-WAY

ATTY. SARAH JANEA. SUGUITAN

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Sta. Ana ManilaRURAL PRESS COMM. REP. INC.

3055 Tolentino Cor. Balabac Sts. Pinagkaisahan, Makati City

JUN ESCUADRO - 0917-511-1724 44 Lungos, Pulilan, Bulacan

RICHARD ALMENANZA-0920-9467267Suit 701 C Dansalan Condominium

Mandaluyong CityCEBU THE VOICE

FREDDIE PAR - 0932-867-2326 C. Padilla cor. Fatima Sts., Cebu City

Member: -Philippine Press Institute

-Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber)-Misamis Oriental - Cagayan de Oro Association of Publishers (MOCAP), Inc.

SALVADOR A. AVES, Ph.D, DM.

WHEN STATISTICS WHEN STATISTICS SPEAKSPEAK

Get Over It

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTE

Revisiting Muslim Weddings

Reviewing NorMin’ s Agriculture Statistics

THINK a minute… A young mother said that she never really appreciated her parents until she had children of her own. Only then did she realize all her parents had gone through in raising her. The sacri-fices her parents made, the things they put up with and went without so they could feed and clothe her, pay her school fees, take care of her when she was sick, and the list went on and on. But there are sometimes we can feel hurt or angry about things our parents did to us as children. Maybe you feel they were too hard and strict, or your parents treated you unfairly and differently from your brothers and sis-ters, or they even physically abused you. You might feel they didn’t really love you,

or spend enough time with you when you were young. Friend, it may be true that your parents treated you wrongly, so it is com-pletely understandable that you have feelings of hurt and anger toward them. But now that you’re an adult, it’s not so much your parents but yourself whom you’re hurting by staying angry and bitter, refusing to forgive them. Un-forgiveness and bitterness will only hurt yourself, because it poisons your heart and attitude toward life. What’s more, doctors have proven that unforgiveness and anger can cause physical suff ering such as migrain headaches, stomach ulcers, high blood pressure, heart disease, and many other sicknesses. Someone said that when we become adults, there

comes a time when we have to “get over it.” We have to “let our parents off the hook.” We have to finally stop holding our parents on the hook of our anger, bitterness, and unforgiveness. For your own sake, you must let go of the hurt and forgive your parents, no matter what wrong and painful things they might have done to you in the past. Remember, many times our parents were only doing what had been done to them by their own parents. So God is their fair judge, not you. ALL need God’s forgive-ness for our many wrongs and hurts we’ve caused others. Jesus Christ said that we can never make our peace with Him and be forgiven, until we’ve made our peace and forgiven those people who have hurt and wronged

us. This includes our par-ents! So why don’t you ask Jesus to give you His mercy and love, so you can finally reach out to your parents to forgive them, care for them, and honor them for all the good things they did do for you—before they’re gone and it’s too late. Just Think a Minute…

ROYAL weddings are tradi-tional colorful celebrations graced by tribal elders and high government officials. Flowing fine fabrics adorned grand halls and venues for this occasion. From simple to regal stately design, decors and tapestries transformed a place to sophistication and glamour. Local weddings in various Muslim provinces and cities comprising the Autonomous Region of Mus-lim Mindanao (ARMM) are coming either to Cagayan de Oro or Davao City. This celebration of life is a sight to behold with the bride and groomed dressed up with family heirlooms regaled and beautified in various ways for a solemn ceremony. It is rich and quiet lavish

that gold of the highest karats are made to bracelets and jewelries for the head worn over the wedding shawl to be provided by the groom. Dowries of up to the most useful and elegant gift for the couple to start their lives are agreed by the families. Hundreds if not thousands of guests goes to the wedding registry. Sometimes it could become a very expensive af-fair as large venue or hotels are rented to accommodate such large gatherings of guests. In any Islamic receptions, the food must be permis-sible. There are no wines or champagnes to talk about since alcohol is not allowed in their gatherings. Modest with their meat preparations

thru rituals, fish and fowls or lamb smells of spices and herbs the scents sometimes dominating the air. Food preparations undergo the Halal ways. Halal which is the opposite of haram is food acceptable for Muslim consumptions according to the Holy Qur’an. Some weddings can also take place in the bride’s or groom’s houses. There are more conservative Muslims who avoid big weddings and shy from the pompous cer-emony as unnecessary ex-pense. Parents prefer instead to pay the amount to the newlyweds to help in the foundation of their family. Many newly grown up Mus-lims believe that for marriage to last is not the way how it is

celebrated but it is the path to be right and continuously share their faith. More than the ceremony, Muslim Wed-dings are weaving together of two families of two souls and destinies considered auspicious and holy occa-

THERE is one statement which provokes one to ponder , and perhaps argue with one’s inner self .I am referring to this line “Agriculture not only gives riches to a nation, but the only riches she can call her own.”Definitely it is highly philosophical, but it is akin to another quotation which says : “Cultivators of the earth are the most valuable citizens. They are the most vigorous, the most independent, the most vir-tuous, and they are tied to their country and wedded to its liberty and interests by the most lasting bands.” If we were to ref lect the Medium Term Development Plan (MTDP) for 2011-2016 it states that “Agriculture is the bedrock of the rural econo-my. Agriculture is the major source of raw resources on which the rest of the economy depends. It accounts for 20 percent of the grossnational product, or one-fifth of the economy, while one-third of the population is employed inagriculture or agriculture-related industries.” However, there are sev-eral italicized lines from the MTDP which deserve one’s contemplations such as the following statements

describing our harvests : … not enough to ensure long-term sustainability … not enough to improve overall rural welfare …apparent lack of stra-tegic focus of programs and projects However, contemplating is certainly not enough. We need statistics to support our plan. For instance, if we were to look at the population count as of the last census 2010, statistics will tell us that in Region 10 alone, we have a total population of 4,297,323 with a growth rate of 2.06 . Translating this to mouths to be fed, we have to determine how many sacks of rice will be needed.This will bring us to this fact : “On the average , per person will consume two sacks of rice in one year.” This is the reason why the Census on Agriculture and Fisheries (CAF) is deemed vital, for it will give us the information on how many farmers do we actually have in the Philippines, what is the size of their farm, do they own or rent the land, what crop or livestock or fishery product do they have and so on.We need data for agricul-tural and fisheries develop-

ment in making meaningful decisions in the utilization of related resources, as ba-sis for making production projections, as well as in measuring the progress in agriculture and fisheries. Recalling the latest re-sults of the CAF 2002 .the number of farms in NorMin increased by 10.3 per cent from 289.5 thousands in 1991 to 319.157 thousands in 2002.This is attributed to the large increase in the number of farms in Misamis Oriental. However, the total area of farms in the region decreased by 2.8 per cent during the period mentioned.

Back from the stormAFATER four days of forced vacation in Bataan, stranded by the strong typhoon that wrecked roads leading to Manila to the point of im-passability, I finally got on a bus and braved a long trip. A trip that used to take me 2.5 to 3 hours now became 4.5 hours. My knees ached after yesterday’s bus ride. From Balanga the bus went to a highway pock-marked with deep holes in the asphalt cover. It came to a stop for 25 long min-utes over a bridge in Layac. (Normally, you don’t stop in highways and expressways. You can run up to 100 kph and beyond.) Layac is a town that marks the jump off point to Olongapo and Pampanga from Bataan. Since the bus was over 10 feet high and I was seated in front, I had a nearly 180-degree view of my surroundings. In Layac, the houses have always been lower than the road. Their roofs are road-level. There were concrete stairs at the sides of the bridge that people would climb to get home to their low houses. The uneven surface was brought about by the Mt. Pinatubo explo-sion in 1991 which rained

ash over Bataan and other provinces, thereby bringing up the land mass. The gov-ernment then rebuilt roads based on this new height, leaving the houses much lower than the road. The typhoon seemed to have f lushed people out of their homes. There were people everywhere, on the street, on the bridge, beside the river. There were also policemen everywhere. I am later to find out that traffic had to give way for the presi-dential convoy which was on a relief operations. I watched the convoy passed me by. I half-expected people to wave at the president’s vehicles. Instead, they looked beyond to the long procession of big black vehicles, as if they were expecting something more. I followed their gaze with mine. It ended at the river raging beneath the bridge. Three men crossed in front of the bus. Their hands were covered in plastic gloves. They went to the other side of the bridge and a few minutes later, a makeshift stretcher made of branches that fell from the trees was brought in. Since the bus was at a

complete stop on top of the bridge, all of its passengers had a very good view of the rescue mission being carried out. A corpse was extricated from the high brown river. The skin was almost white, and probably rotting. People standing by the bridge were covering their noses with their shirts. Once on the stretcher, the rescue team covered the body with a plastic tarpaulin. It wasn’t long enough to cover the entire body, leaving the red shorts and the ghastly white legs in full view of the living. A peanut vendor asked to go into our bus, and the

AVES/PAGE 8

QUIAMJOT/PAGE 8

6 August 17-19, 2012 OpinionOpinion www.businessweekmindanao.com


SUGUITAN/PAGE 8

7August 17-19, 2012

of carbon dioxide equivalent. Aboit izPower said the project wil l be registered under the United Nation’s Framework Convention on Climate Change as a Clean Development Mechanism (CDM) project that will sell certified emission reduction units (CERs) to industrialized countries. Aboit izPower said the construction is estimated to be completed by the first quarter of 2014, and will open more than 400 employment opportunities to local resi-dents and bring more ben-efits to the host communities through its Corporate Social Responsibility programs. “As an AboitizPower com-pany and as one of the largest producers of renewable energy in the country, the Tudaya Hydro 2 is our contribution to the worldwide effort to reduce greenhouse-gas emis-sions,” said Rene Ronquillo, Hedcor president. Aside from the Hedcor-Tudaya project, AboitizPower, through its wholly-owned subsidiary, Therma South Inc., signed last month $546 million worth of contracts with local and foreign con-tractors for the construction of the 300-MW circulating-fluidized-bed coal-fired pow-er plant in Barangay Binugao, Davao City, and Barangay Inawayan, Sta. Cruz, Davao del Sur. The contractors include Formosa Heavy Industries Corp., and a consortium com-posed of Black & Veatch and Leighton Contractors (Philip-pines) Inc. Formosa Heavy Industries will design, supply and erect the power block equipment while the Black & Veatch

Hydro...from page 1P1 billion and will form part of its right-mix portfolio of assets in Mindanao. AboitizPower said it is investing P35 billion to add 354 MW to the Mindanao grid, 54 MW of which will come from the run-of-river hydro plants of Hedcor, and 300 MW from the clean coal facilities of Therma South Inc. AboitizPower said it has been at the forefront of de-veloping and operating power generating plants using vari-ous technologies throughout the country for nearly 80 years. Erramon Aboitiz, Aboitiz-Power president, said the Tu-daya project will provide the Davao area, and Mindanao as a whole, with reliable, depend-able and competitively priced power, thereby strengthen-ing the region’s position as a destination for business, investment and tourism. Aboitiz said the new hy-dropower plant will be con-structed at Barangays Astorga and Rizal in Sta. Cruz, Davao del Sur, harnessing the Sibulan River. It will rise downstream of the Sibulan Hydro B plant, 200 meters away from the Davao-Cotabato highway. AboitizPower said the gen-erating facility will primarily deliver 40.5 gigawatt-hours annually to the Davao del Sur Cooperative Inc. (Dasureco), which can power more than 7,000 homes. Aboit izPower said the Tudaya hydroelectric power plant’s generated carbon-neutral electricity is seen to reduce greenhouse-gas emis-sions by more than 30,000 tons

consortium will perform civil works as well as engineer, procure and construct the balance of plant systems and facilities. Site preparation activities for the project started in April 2012 under a construction contract with First Balfour Inc. The commercial opera-tions of the f irst 150-MW generating unit is targeted on or before March 31, 2015, with commercial operations of the second unit following three months later.

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF

ALEJANDRO V. CAPIPHEAND FELECIANA JAEN CAPIPHE

Notice is hereby given that the intestate estate of the Late ALEJAN-DRO V. CAPIPHE, who died on July 1, 2012 in Valencia City and Late FELECIANA JAEN CAPIPHE, who died on July 1, 1997 in Valencia City, left a certain real property, situated in Poblacion, Valencia, Bukidnon and more particularly described as follows, to wit; Lot B-2-B-2-B, Psd-10-040617, Portion of Lot B-2-B-2, Bsd-10-001029(OLT), containing an area of THIRTY FOUR THOUSAND SIX HUNDRED EIGHTY EIGHT (34,688) square meters more or less, covered by Transfer Certificate of Title No. T-79861of the Register of Deeds of Malaybalay City and a Tax Declaration No. 22-001-42413, with an assessed value of P58,970.00 is the subject of DEED OF EXTRAJUDICIAL SETTLE-MENT OF ESTATE OF ALEJANDRO V. CAPIPHE AND FELECIANA JAEN CAPIPHE, made and entered into by and among; SUSANITO J. CAPIPHE, DENNIS J. CAPIPHE, ALEJANDRO J. CAPIPHE, JR. and SUSAN CAPIPHE AREOLA, all of Legal age, married and resident of Purok 17, Hindangon, Valencia City, are the Legitimate chil-dren and sole heirs, as per Doc. No. 413; Page No. 084; Book No. XXVI; Series of 2012; under Notary Public of ATTY. SAMUEL B. ARNADO.

BWM: AUGUST 3, 10 & 17, 2012

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8 August 17-19, 2012 www.businessweekmindanao.com


Republic of the PhilippinesSUPREME COURT

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial RegionCagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFF2012-347

2ND SHERIFF’S NOTICE OF SALEFile No. 2012-089

Upon Extra-Judicial Petition for Sale under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), a government owned and controlled corporation created under P.D. No. 1267, with postal address at 104, Amorsolo St., Legaspi Village, Makati City, against MARIO D. BALANDRA married to BERLIN BALANDRA, with postal address at Lot 2, Block 5, Villa Candida Subd., Phase II, National Highway, Bulua, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of February 29, 2012 amounts to SEVEN HUNDRED FIFTY TWO THOUSAND SIX HUNDRED SIXTY TWO PESOS & 36/100 (P752,662.36), Philippine Currency, as mortgagors indebtedness, exclusive of penalty, plus other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff-in-charge will SELL at Public Auction on SEPTEM-BER 10, 2012 at 10:00 o’clock in the morning or soon thereafter, at the Court Room of RTC, Branch 39, 2nd Floor, Hall of Justice building, Arch. S. Hayes Street, Cagayan de Oro City, to the Highest Bidder, for CASH and in Philippine Currency, the real property mortgaged together with all existing and future improvements thereon, to wit;

TRANSFER CERTIFICATE OF TITLE NO. T-80135Registered in the name of MARIO DADULAS BALANDRA

“A PARCEL OF LAND (Lot 2, Block 5, Psd-10-015184, being a portion of Lot 6221-C, Psd-10-012775). Situated in the Barrio of Bulua, City of Cagayan de Oro, Island of Mindanao. Bounded on x x x. Beginning at x x x, containing an area of ONE HUNDRED TWENTY (120) Square Meters, more or less” Prospective buyers/bidders may investigate for themselves the title herein-above described and encumbrances thereon, if any there be. In case September 10, 2012 will be declared holiday or non working day, the public Auction Sale shall automatically be held on the next working day without further notice, publication and posting. Cagayan de Oro City, August 2, 2012

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

By: (Sgd.) JOSEPH C. MAAGAD Sheriff IVBWM: AUG. 10, 17, & 24, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBRANCH 26

Medina, Misamis Oriental

IN THE MATTER OF THE PETITION SP. PROC. CASE NO. 319 MFOR CORRECTION OF ENTRY IN THE RECORD OF BIRTH OF WINMOREB. TOSAQUE (changing the entry of hisSex from FEMALE to MALE)

WINMORE B. TOSAQUE, Petitioner, -versus-

THE LOCAL CIVIL REGISTRAR OF MUNICIPALITY OF BALINGOAN,MISAMIS ORIENTAL Respondent.x------------------------------------------------------- /

ORDER

Petitioner filed petition for correction of entry in the record of birth of Winmore B. Tosaque, changing the entry of his sex from Female to Male. Finding said petition sufficient in form and substance, the same is hereby given due course. The petitioner is directed to cause the publication of this Order once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental at his own expense. Let copies of this Order be posted in three (3) conspicuous, to wit: the Bulletin Boards of the Balingoan Municipal Hall, the Office of the Local Civil Registrar of Balingoan, Misamis Oriental, and this Court. Initial hearing of this case will be held on September 6, 2012 at 8:30 a.m. at the Session Hall of this Court. The Local Civil Registrar and any person having or claiming any interest in the correction sought may, within fifteen (15) days from notice of the petition, or from the last date of publication of such notice file his/her opposition thereto. Let copy of this Order be furnished the Office of the Solicitor General, Office of the Public Prosecutor of Misamis Oriental, Office of the Local Civil Registrar of Balingoan, Misamis Oriental, the petitioner and his counsel. SO ORDERED. Done in Medina, Misamis Oriental, this March 30, 2012.

(Sgd.) DAN R. CALDERON Presiding Judge

BWM: AUG. 10, 17 & 24, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBranch 16, Tangub City

IN THE MATTER OF THE CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH AS TO THE ENTRY FOR SEX FROM “FEMALE” to “MALE”

SPL. PROC. NO. TC-2012-010

ALESKIN AGIR LANGAM, Petitioner; -versus-

THE MUNICIPAL CIVIL REGISTRAROF BONIFACIO, MISAMIS OCCIDENTAL , Respondent.x------------------------------------------------------------/

NOTICE OF HEARING

WHEREAS, after alleging certain facts in a verified petition filed on June 22, 2012, petitioner prayed that after notice, publication and hearing an order be issued directing the Municipal Civil Registrar of Bonifacio, Misamis Occidental to make the following correction in his record of birth, to wit: His gender from “FEMALE” to “MALE” WHEREFORE, finding the petition to be in due form and substance, the hearing of the same is hereby set on September 11, 2012 at 8:30 o’clock in the morning, at the Session Hall of this Court at which date, time, and place, any person may appear and show cause why said petition should not be granted. The Sheriff of this Court is hereby ordered to post copies of this Notice in three (3) conspicuous public places, preferably in the Bulletin Board of this Court, Municipal Hall of Bonifacio, Misamis Occidental and the Barangay Hall of Liloan, Bonifacio, Misamis Occidental. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Municipal Civil Registrar of Bonifacio, Misamis Occidental. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON. Presiding Judge, this 28th day of June 2012.

FULGENCIA G. ABELLANA OIC-Clerk of CourtBWM: August 10, 17 & 24, 2012

Republic of the PhilippinesProvince of Misamis Oriental

Municipality of Villanueva

INVITATION TO APPLY FOR ELIGIBILITY AND TO BID

The Local Government Unit of Villanueva, Misamis Oriental through its Bids and Awards Committee (BAC) invites consultants to apply for eligibility and short listing and if found eligible and shortlisted, to bid for the hereunder project:

Name of Project: Proposed MUNICIPAL HALL COMPLEXLocation: Looc, Villanueva, Misamis OrientalBrief Description: Preparation of Initial Environmental Examination (IEE) Report of 4.4 has, & Securing DAR Conversion /Exemption Order for 14.0 Hectares

Deliverables: 1. Environmental Compliance Certificate (ECC) from the Dept. of Environment and Natural Resources (DENR-EMB) 2. Geo-hazard Assessment Report (GAR) 3. Conversion/Exemption Order from Dept. of Agrarian Reform (DAR)Approved Budget for the Contract: Php. 3,000,000.00Source of Funding: LGU Gen. FundContract Duration: 3-5 months to start upon submission of all required documents.

The list of the minimum requirements is indicated in the Eligibility Form. Eligibility of prospective bid-ders shall be checked using the non-discretionary “pass/fail” criteria. Short listing of eligible consultants will be done based on the following criteria: experience of the consultant, qualification of personnel and current workload. Only One (1) eligible bidder shall make up the shortlist. The evaluation procedure to be adopted shall be (QBE or QCBE), (for QCBE) bids whose technical proposals pass the minimum technical rating 80% shall have its financial proposal opened and evaluated. The technical proposal shall carry 90% weight in the bid evaluation. All particulars relative to the Eligibility Statement and Screening, Bid Security, Performance Security, Pre-Bidding Conference(s), Evaluation of Bids, Post-Qualification and Award of Contract shall be governed by the pertinent provisions of R.A 9184 and its implementing Rules and Regulation (IRR). The Schedule of activities is as follows: Activities Schedule 1. Submission of Letter of Intent and Application for Eligibility Aug. 20, 2012 2. Issuance of Eligibility Forms Aug. 21, 2012 3. Submission of Eligibility Requirements Sept. 5, 2012 until 4:00 P.M. 4. Results of Eligibility Check Sept. 10, 2012 5. Results of Short Listing Sept. 14, 2012 6. Issuance of Bid Documents Sept. 17 – 29, 2012 7. Pre-bid Conference Oct. 1, 2012, 2:00 P.M.

The Eligibility Screening Form will be available at BAC Office upon submission of a letter of Intent, and upon payment of a non-refundable amount of Php. 500.00 to the Mun. Treasurer, Submission and results of Eligibility shall be in the same office. Bid Documents will be available only to shortlisted bidder upon payment of a non-refundable amount of Php.500.00 to the Mun. Treasurer. The LGU of Villanueva assumes no responsibility whatsoever to compensate or indemnify bidders for any expenses incurred in the preparation of the bid.

Approved by:

(Sgd.) SALVADOR S. GALADO BAC ChairmanBWM: AUG. 17, 2012

Pryce Plaza was issued an official Halal certification capable by the Mashala Ha-lal Certifi cation Board, Inc. since October 25, 2010 to serve this event. Wedding planners and coordinators can look for Jemimah Coreos of the Sales and Marketing Department. How big and small, the hotel has handled successful ar-rangements of the brides and grooms for these events. Th ere are also other places in the city for outdoor wedding ceremonies like the Xavier Country Club at Masterson Av-enue or the Eco-village Garden of Malasag. Th ese settings are perfect for colorful weddings

Quiamjot...from page 6

thousand farms.In terms of the number of trees/vines/hills, pineapple was the most important permanent crop in the region with 30.8 mil-lion hills as reported by 7.3 thousand farms.Pineapple was dominantly planted in Bukid-non due to the presence of Del Monte Pineapple Plantation. For other provinces, the top permanent crop planted var-ies. Coconut was abundantly planted in LanaodelNorte and Misamis Occidental while banana in Camiguin and Misamis Oriental. Nevertheless, we have to remember that Mother Earth is not the same Mother Earth that we used to have.Because of man’s abusive acts ,Mother

Aves...from page 6Moreover, the average size of farms decreased from 2.7 hectares per farm in 1991 to 2.3 hectares per farm in 2002. Agricultral land comprised 52.2 per cent of the region’s total land area. Corn, which was grown in 175.6 thousand farms with a total of 371.8 thousand hect-ares, was the major tempo-rary crop in NorMInin 2002. However, the area devoted to corn had decreased by 18.1 per cent, that is, from 453.7 thousand hectares in 1991. The next major temporary crop was palay covering 103.3 thousand hectares in 52.5

Earth is no longer that kind that “you can just tickle her with a hoe and she laughs with a harvest.”The impact of climate change on agriculture could result in problems with food security and may threaten livelihood activities upon which much of the population depends. There is so much to be done, if we were to be serious in addressing our plan to make food plentiful and to make each and every Filipino profitably productive.Thus,it is our hope that the statistics we can bring tothe nation planners after the CAF will not only improve our agriculture economy, but will also help in the cultivation and perfection of the human race.

sions. Th ere are exclusive hotels and Country Clubs in Cagayan de Oro City that caters and specialize in Muslim wed-ding ceremonies. A secured perimeter parking and lush greeneries of its surrounding usually of verdant trees and palms is perfect back draft for this celebration. Th e establish-ments’ staff and the wedding planners may create the ul-timate form of collaboration with top fl oral decorators and fashion designers. One popular venue, the

complete with decorative hari-rayas, brass gongs and other musical ensembles providing the beat common in many traditional communities. Th e garden village has restaurants, craft s display and individual casitas for hotel rooms. It is administered by the Depart-ment of Tourism of Region 10 with offi ces at Gregorio Pelaez Sports Center along Velez Street in Cagayan de Oro City. As the Muslim world wel-come the Eid Feter in Cagayan de Oro, Alsalla Malaykum! Muslim weddings are always welcome. Our culture is alive and it’s more fun hosting this rich event in our city.

ter. I can only imagine what it would have been like to drown in a river during the night of an endless and angry storm, a river that has almost been dried up by the summer and rendered non-existent by solid garbage. As traffi c started to move, we went on our journey to Manila. Aft er Bataan comes the province of Pampanga, then the North Luzon Expressway (NLEX) and then you enter North Edsa. In Pampanga, the roads were still fl ooded about ankle deep. People were also gathered in bridges over small rivers. Th ey had fi shing rods and were trying to catch fi sh that were displaced from fi shponds. In NLEX, I saw the vast

Suguitan...from page 6driver opened the doors for him. Before he started off er-ing peanuts for sale through the corridor, he told the driver in front that they’ve fi shed 10 bodies out of the river the day before. I wanted to take photos with my iTouch out of habit. I was about to take the device out of my bag when I stopped and decided against it. Out of respect for the dead, and the many more who have drowned in that river at the Layac junc-tion, I will let my eyes be the last to see that scene and not my friends on facebook or twit-

beautiful farms of Bulacan turned into brown water. Th ere was no land to see for miles. It felt like the bus was moving on a bridge made over water and nothing but. Rain started to pour near Mindanao Avenue loop. It now feels traumatic to hear rain because it now comes in such volumes as to cover everything in a white sheet of water that prevents anyone from seeing what lies ahead.

men. Director Jose Seguban provided the barangay offi-cials with updates on Buseco’s Sitio Energization Program (SEP) and the salient features of Memorandum of Agree-ment (MOA) which was later signed for the provision of solar power street lights and for line clearing undertaking.

Buseco...from page 9noontime. The afternoon session was highlighted by the Buseco Time with Barangay chair-

Segudo said that under the agreement, Buseco shall provide each barangay-ben-eficiary with ten (10) solar-powered street lights in five installments, which means that starting this year two will be given every Annual General Assembly. Barangay-beneficiaries are those who have submit-

ted their respective barangay resolutions to that effect, Segudo said. For line clearing, each barangay shall also submit a resolution for Buseco to undergo the operation. At least 33 sitios in ten municipalities of Bukidnon are currently included in this program, Segudo concluded.

August 17-19, 2012 9Congress.WatchCongress.Watch www.businessweekmindanao.com





IN RE: PETITION FOR THE CHANGE OF NAME SPEC. PROC. CASEOF MINOR FROM PAULO NEEHL QUIRINO NO. 2012-102LAGUTIN TO PAOLA NHEEL QUIRINOLAGUTIN AND CORRECTION OF ENTRY INTHE BIRTH RECORD IN THE INFORMATION OFSEX/GENDER FROM MALE TO FEMALE,REPRESENTED BY HER MOTHER,

ELNORA Q. LAGUTIN, Petitioner, -versus-

LOCAL CIVIL REGISTRAR OF CLAVERIA,MISAMIS ORIENTAL, Respondent.x---------------------------------------------------------- /

ORDER

Before this Court is a Petition for Change of Name of petitioner’s minor child from “Paulo Neehl Quirino Lagutin” to “Paola Nheel Quirino Lagutin” and Correction of Entry as to gender from “Male” to “Female” in the Certificate of Live Birth of Paolo Nheel Quirino Lagutin, recorded in the Office of the Local Civil Registrar of Claveria, Misamis Oriental. IT IS HEREBY ORDERED that the Petition be set for hearing on October 24, 2012 at 8:30 in the morning at the Session Hall of this Court, on which date, time and place, all persons who may have any opposition to the Peti-tion herein sought, may appear to show cause why said Petition should not be granted. Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing. Likewise, let copies of this Order, with Petition attached, be posted by the petitioner on the bulletin boards of the Court, the Municipal Hall of Claveria, Misamis Oriental and the Provincial Capitol of Misamis Oriental for at least ten (10) days prior to the date of hearing. SO ORDERED. 1 August 2012, Cagayan de Oro City.

(Sgd.) EMMANUEL P. PASAL Presiding Judge BWM: AUG. 17, 24 & 31, 2012


10th Judicial RegionBRANCH 18


IN RE: PETITION FOR NATURALIZATION CASENATURALIZATION, NO. 2010-01

NARESH GULABRAIMOORJANI, Petitioner.X------------------------------------ /

AMENDED ORDER

On November 18, 2010, petitioner, Naresh Gulabrai Moorjani (hereafter Petitioner),a citizen of India, filed the instant Petition for Naturalization, under Commonwealth Act (C.A) No. 473 also known as the “Revised Naturalization Law”, seeking to acquire Philippine citizenship. Petitioner avers that he was born in Cagayan de Oro City, Philippines, on January 11, 1964. He resides in Archbishop Hayes Corner, President Roxas Streets, Pinikitan, Cagayan de Oro City since the very beginning up to the present. He is married to 33 year old Elsie Dayrocas Bas, who hails from Agusan del Sur and Born on June 15, 1977. They have five (5) children, namely, Chandreena, Suresh John, Pamesh Paul, Shameena Faith and Shivani Grace, all residents of Cagayan de Oro City and born in Cagayan de Oro City on November 7, 2000, March 9, 2002, May 30, 2005, October 10, 2007 and October 3, 2009 respectively. Moreover, petitioner advances that he possesses the qualifications, including special qualifica-tions, and none of the disqualifications under Sections 2 & 4 of C.A 473. He maintains that he is exempt from the requirement to make a Declaration of Intention under Section 5 of the same law as he was born in the Philippines and has resided continuously in the Philippines for more than 30 years prior to the filing of the instant Petition. He declares that he will reside continuously in the Philippines from the date of the filing of the instant Petition up to the time of his admission to Philip-pine citizenship. Attached to the instant Petition are two (2) recent pictures of petitioner and the affidavits of two (2) credible persons who have known the petitioner personally and have acquainted with him, declaring that petitioner had resided in the Philippines continuously prior to and at the time of filing of the instant Petition and to be a person of good moral character and morally irreproachable, and that in their opinion, petitioner has all the essential qualifications to become a citizen of the Philip-pines and is not disqualified in any way under the law. Finding the instant Petition to be sufficient in form and substance, let the initial hearing of this case be set on August 24, 2012 at 8:30 in the morning before this Court. Pursuant to Section 9 of Commonwealth Act No. 473, the Branch Clerk of Court is directed to publish the instant Petition, at the expense of petitioner, once a week for three (3) consecutive weeks in the Official Gazette, and in one of the newspapers of general circulation in Cagayan de Oro City, and to post copies of the said Petition, together with a general notice of the hearing setting forth the name, birthplace and residence of the petitioner, the names of the witnesses whom petitioner seeks to introduce to support his petition and the date of hearing of the instant Petition, in a conspicuous place in the Hall of Justice Building, Cagayan de Oro City. Furnish copies of this Order together with the instant Petition and its annexes, to the Office of the Solicitor General, petitioner’s counsel on record Atty. Leonardo N. Demecillo and petitioner Naresh Gulabrai Moorjani. SO ORDERED. September 28, 2011, Cagayan de Oro City.

(Sgd.) DENNIS Z. ALCANTAR Presiding Judge

BWM: AUG. 17, 24 & 31, 2012

House fails to start period of amendments on RH billLAWMAKERS opposing the passage of the reproductive health (RH) bill at the House of Representatives on Tuesday night managed to delay the start of the period of amendments on the controversial measure.

of the measure, stood up for a privilege speech a few seconds after Deputy Majority Leader Romero Quimbo moved to resume consideration on the RH bill. Pa nga nda ma n was

Lanao del Sur Rep. Mohammed Hussein Pan-

gandaman, who recently pulled out as co-author

given the opportunity to deliver his speech about religious discrimination. When he finished, Cagay-an de Oro Rep. Rufus Rodriguez, another vocal critic of the RH bill, stood up to throw questions at Pangandaman. A f t e r R o d r i g u e z was f inished with his quest ioning, Pa lawan Rep. Victorino Dennis Socrates said he wants to deliver a speech on the House’ supposed ques-tionable integrity after terminating debates on the RH bill last week. “I am here to f ight the bill every step of the way… I’m satisfied that

I am somewhat heard,” Socrates told reporters.

‘Getting impatient’ Deputy Speaker Crispin Remulla, a co-author of the RH bill, however told Socrates that the decision of the House to terminate debates on the RH bill can no longer be questioned. Another supporter of the RH bill, Pangasinan Rep. Kimi Cojuangco, also stood up to criticize critics of the measure who are delaying the process. “ We a r e a l l h e r e to star t the period of amendments. I am get-ting impatient, and I am sure Filipinos are feeling the same way. Whether

you are pro- or anti-RH, let’s move this process forward,” she said. After more than an hour’s delay, however, the session was adjourned due to the lack of con-g re s smen i n s ide t he House plenary hall. The RH bill endorses the use of both natural and artificial modes of family planning. It has been identified by Presi-dent Benigno Aquino III as one of his priority legislations. The measure is being opposed by the Roman Catholic Church, which promotes only natural family planning methods.

Lawmakers seek creation of an Institute for Strategic StudiesIN the wake of the emerg-ing intense competition for scarce resources in the Asia Pacific region, lawmakers join the growing clamor for the creation and estab-lishment of an Institute for Strategic Studies. Reps. Diosdado Maca-pagal Arroyo (2nd District, Camarines Sur) and Gloria Macapagal-Arroyo (2nd Dis-trict, Pampanga) filed House Bill 6126, which stresses the need to conduct policy re-search and strategic studies in the wake of the present turn of events in the international scene. “The current emerging friction resulting from the contending claims over the Spratly portion of the South China Sea, particularly the Panatag Shoa l bet ween China and the Philippines, among others, may result in armed confrontation if not addressed diplomatically,” Arroyo stressed. The conduct of policy research and strategic studies should arm the country with all possible options to address

the range of events from domestic and international, political, economic and other significant challenges facing the nation, Arroyo added. Aurora Rep. Juan Edgardo Angara, author of HB 441, which is a similar measure, said “there is clearly an urgent need to conduct scientific and continuing policy re-search and strategic studies as basis for addressing our fundamental and critical national concerns.” In many parts of Asia, outstanding territorial con-f licts may fuel many inter-state tensions, while some states continue to build vast arsenals of weapons which may bring about another arms race, Angara noted. Another similar measure, HB 1666, was also filed earlier by Cagayan de Oro City Rep. Rufus Rodriguez. The lawmakers noted that the country is beset by a continuing insurgency problem even as government continues its current peace negotiations with the Moro Islamic Liberation Front

(MILF). “The local communist movement remains a clear and present danger to nation-al security. On the other side, we find the MILF, together with terrorist organizations, like the break-away bandit group, Abu Sayyaf, whose activities continue to shake the country’s political stabil-ity,” the lawmakers said. The proposed statute mandates the conduct of strategic study work which includes, among others, the conduct of strategic research on national and international concerns; formulation of various policy options on various concerns; and rec-ommendation of appropri-ate actions to support such policies and strategies. The measure also speci-fies that a selected expert/scholar-members’ group shall be mandated to be the lead in the conduct of such strategic study work. The three separate mea-sures are now pending with the House Committee on Government Reorganization.

sembly on July 28, 2012 in a bid to enjoin all its mem-bers in every municipality to participate in this year’s activities. The registration started at 7 a.m. and was followed by the opening program and the oath taking of the newly re-elected members of the Board of Directors. The newly elected officials then formally declared the start of the business meeting which tackled various issues surrounding the electric cooperative. The meeting was adjourned shortly after

Buseco holds synchronized 30th Annual General AssemblyBy MILDRED BORBON TORREJAS operative (Buseco) held its

synchronized 30th Annual General Membership As-THE Bukidnon Electric Co-

BUSECO/PAGE 8



FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

1

FOR REGISTRATION AND SPONSORSHIP OPPORTUNITIES: Please contact Ms. Rhodalyn Aguilor thru Tel. Nos.: (088) 858-4068•309-0951 Mobile No. 0920-951-0998 Email: [email protected] OR VISIT US AT: ORO CHAMBER BUSINESS DEVELOPMENT CENTRE Macapagal Drive, Pueblo de Oro Township Cagayan de Oro City, Philippines

Dear Members, We are happy to inform you of our August schedule as well as endorsed-activities for your ready reference. We also have here the business opportunities from our network of international organizations and chambers of commerce for your reference. All the best, (SGD) MA. TERESA R. ALEGRIO President

ORO CHAMBER AUGUST EVENTS

August 9 MEMBERSHIP ORIENTATION 3:30- 5pm, PUM Conference Room, ORO CHAMBER BLDg., Macapagal Drive, Pueblo de Oro, CDO- Call the ORO CHAMBER Secretariat # 858-4068•309-0951 August 23 MEMBERSHIP ORIENTATION 3:30-5pm, PUM Conference Room, ORO CHAMBER Bldg., Macapagal Drive, Pueblo de Oro, CDO-Call the ORO CHAMBER Secretariat # 858-4068•309-0951 August 30 ECONOMIC FORUM ON “TAKING THE RIGHT ROAD TO INCLUSIVE GROWTH” 9am- 1:00pm, Mallberry Suites, Limketkai Drive, CdeO Call the ORO CHAMBER Secretariat # 858-4068•309-0951

OTHER LOCAL EVENTS

August 2-4 21st MINDANAO BUSINESS CONFERENCE Inland Almont Resort Hotel, Butuan City Email: [email protected] August 10 THE PHILIPPINE MINING LUNCHEON The Makati Shangri-La (Quezon A & B), Makati City Website: http://philippineminingclub.com/ August 14 CLIMATE CHANGE SCENARIO BUILDING WORKSHOP 8am-5pm, Pearlmont Inn, Limketkai Drive, Cagayan de Oro City Contact: Mr. Moncini A. Hinay, at 02 920 7923, 09155163241 or [email protected] August 22-23 6th HR & TRAINING CONGRESS 8:30am-5:30pm, SMX Convention Center, Pasay City Email: [email protected] or [email protected] August 29 LABOR LAW & RELATIONS SEMINAR 8:30am-5:30pm, City Sports Club, Cebu City For reservations, call Cebu: (032) 238-3335 • (032) 514-6613 Manila: (02) 470-1273 • (02) 470-5542 and look for Kevin Email: [email protected] August 29 FUNDAMENTALS OF BUSINESS INNOVATION 8:30am-5:30pm, OrtigasCenter Call Cj at telefax nos. (63-2) 584-5858 • 412-0034 email at [email protected] or text at +63-918-81-168-88

strong capital base with its capital adequacy ratio at 18.2% for the period. In anticipation of an in-crease in credit demand, the Bank successfully con-cluded a P5 billion offering of seven-year, long-term negotiable certif icates of deposit (LTNCD) to its retail and institutional clients in February 2012. A second offering of LTNCD which was recently launched with a targeted deal size of at least P3 billion was oversubscribed prompting the bank to upsize the issue to P5 billion and to shorten the offer period by one week. The second offering was priced at 5.5% and has a tenor of 7 years. In 2012, Finance Asia has named the bank as the coun-try’s “Best Mid-Cap Com-pany”. Asiamoney named Security Bank the “Best Do-mestic Debt House” in the Philippines in the Asiamoney Best Banks 2012 Awards. Security Bank was cited as the “Best Banking Group” in the Philippines at the World Finance Awards and was rated the “Best Bank” by Asian Banker for achieving the highest return on assets in Asia. On June 20, 2012, Security Bank received the “Best in Asia in Corporate Governance” award for the third straight year in the 8th Corporate Governance Asia Recognition Awards in Hong Kong.

Security...from page 5

The Bank’s loan books grew 29% to P 110.3 billion versus year ago levels, driving the bank’s asset base expan-sion of 11% to P235 billion. Deposits grew by 26% to P 130.7 billion as of June 30, 2012. Net interest income grew to P 4.0 billion, a P 500 mil-lion or 14% increase over the first half of 2011 with net interest margin (NIM) at 3.95%. Non-interest income, net of the one-time trading gains, were steady as gains from underwriting fees covered for lower foreign exchange earnings. Operating expenses, ex-cluding provisions for cred-it and impairment losses, amounted to P 2.9 billion, 40% higher than the compa-rable period in 2011 mainly due to the significant increase in gross receipts tax as a result of higher revenue, the consolidation of expenses of Security Bank Savings (formerly known as Premiere Development Bank) which Security Bank acquired in February 2012 as well as the opening of 10 out of the 50 new restricted-area branches during the first half of the year. Chief Financial Officer Joselito Mape said the bank is in the initial stages of an investment phase with the expansion in its branch network and the acquisition of Security Bank Savings. Mr. Mape notes that “The bank will remain cognizant of costs while emphasizing asset quality and prudence in implementing its growth plans. Security Bank’s non-per-forming loans ratio of 1.1% for the period remains among the best in the industry with related NPL cover at 219%. The Bank continues to maintain a fundamentally

nila costs on average $100 to $200, while transporting from Mindanao to Manila can cost as high as $1,000 to $2,000.” Citing a May report by the National Statistical Co-ordination Board (NSCB), he said “the cheapest rice, fruits and meats are found in the markets of Mindanao, but because of the costs as-sociated [with] shipping, this has not translated to better market prices once they find their way outside Mindanao.” “One area you can look into is streamlining business permits and licenses that contribute to the cost of do-ing business. This has been an oft-repeated issue raised by a number of investors,” he said in enumerating the other woes that continue to drag down the forward thrust of Mindanao. He said another strength of Mindanao, mineral devel-opment, was also “hindered by opposing views on its utilization from some lo-cal governments and civil society.” He said, “Undoubtedly, Mindanao is an investment destination [and] has been in the radar screen of foreign investors,” with the numbers notched by the tourism sec-tor proving to be a testimony to the island’s attraction to both business and tourism. He said the PCCI recently gathered senior government officials together with busi-ness leaders and “develop-ment stakeholders” from Mindanao where several national government agencies committed to address the problem in power generation and transportation. He said earlier commit-ments were noteworthy, in-cluding that of Agriculture Secretary Proceso Alcala who Varela said already an-nounced early this year that 40 percent of the depart-ment’s budget would go to

Policies...from page 1 “High freight cost of transporting agricultural products from Mindanao prevents agri-industries from further tapping the island’s strength, a trading issue that business and political leaders in the island have been asking the national government to amend in favor of cheaper rates,” Varela said. In comparison, he said “shipping a container of corn from Taiwan to Ma-

Mindanao. The Departments of Pub-lic Works and Highways and Transportation and Commu-nication also promised “to craft an integrated national transportation road map that will connect major roads to airports and seaports” and to rehabilitate and modern-ize the ports in the cities of Davao, General Santos and Cagayan de Oro. Meanwhile, business lead-ers from across Mindanao were urged to take active stance in helping save the island-region’s environment from further degradation. At the closing program, Mindanao Development Au-thority (MinDA) chair Sec-retary Luwalhati Antonino sought the active participa-tion of the business sector in setting industry standards for green technology. Antonino a lso asked Mindanao’s key business players to sustain efforts for environmental initia-tives through their corporate social responsibility (CSR) programs. “Mindanao is host to eight of the major river basins in the country,” said Antonino, adding that major industries in Mindanao rely on these bodies of water for com-mercial and other purposes. She said that Mindanao’s environment is now facing serious challenges over de-cades of wanton logging, un-regulated mining activities, illegal fishing practices, and unsustainable manufactur-ing activities by extractive industries. “Damage brought on Mindanao’s rich natural environment range from moderate to severe, some of which are irreparable,” said Antonino, citing data from the Mindanao 2020 Peace and Development Frame-work Plan (Mindanao 2020), Mindanao’s long-term peace and development roadmap formulated by MinDA in

partnership with key line government agencies, pri-vate sector, and civil society groups across the island-region. Furthermore, Antonino stressed that Mindanao suf-fers from rotating brownouts owing to the critical condi-tion of watersheds in Lanao del Norte and Bukidnon where the Agus and Pulangi hydro power plants are lo-cated. With only 23% forest cover left as of 2003, the Department of Environ-ment and Natural Resources (DENR) disclosed earlier that Mindanao has already lost two thirds of its total forest cover over the years. This problem has long been neglected, according to Antonino, pushing MinDA to put together the MindaNOW Nurturing Our Waters (Min-daNOW) Program that seeks to integrate and harmonize a ridge-to-reef approach in managing and developing the island-region’s watersheds and river basins.

Head Jason C. Magnaye. “We hope that this (new ordinance) will bring new investments to the city,” he told BusinessWeek Mind-anao, pointing out that the new code provides perks for those who would operate outside the city’s downtown. The business sector wel-comes the passage of the new code noting this would help the city attract more investors. Dr. Ma. Lourdes G. Monteverde, president of the Davao City Chamber of Commerce and Industry, said the new code will help investors decide where to put their operation in the city. Some business leaders, however, believe that while

Code...from page 1

Provincial Administrator Provo B. Antipasado said members of the provincial board are looking at ways to introduce this resolution to municipal councils so they could help protect and preserve their ecosystems. He admitted, however, that there are some planta-tion firms that are against this proposal but no formal petitions were filed. Except for the huge Del Monte pineapple plantation that sits on uplands south of Cagayan de Oro, other fruit plantations in the province are under independent grow-ers, which operate in hun-dreds of hectares in various towns. Representatives of these firms, including Del Monte, however, said they are not prepared yet to issue formal statements on this issue. “(A moratorium) would be a good move for the province since we don’t want to hap-pen what happened here and other parts of the country,” Mr. Antipasado said, refer-ring to the previous f lash f loods that hit the cities of Malaybalay and Valencia, the two places where a resolution on plantation expansion moratorium was passed. Malaybalay imposed the moratorium last April, while Valencia followed with a simi-lar ban on expansions last July.

Plantation...from page 1

incentives need to be pro-vided to new projects, the most important thing is for the city to maintain its status as a haven for investments. “Investors will imple-ment their projects, incen-tives or no incentives, for as long as they see profits,” said Joji Ilagan-Bian, former chairman of the Mindanao Business Council.

businessweek mindanao august 17,2012

Documents

project davao city

mindanao business conference

city fiesta committee

valencia city governments

sm city entrance

limited market

department of trade

caraga bureau chiefbutuan