businessweek mindanao august 24,2012

12
P15.00 Issue No. 101, Volume III August 24-26, 2012 Market Indicators Market Indicators US$1 = P42.29 5,152.15 points ; ; FOREX PHISIX AS OF 6:13 PM AUG. 22, 2012 (Wednesday) 13 cents 54.66 points Briefly Briefly www.businessweekmindanao.com BusinessWeek BusinessWeek YOUR LOCAL ONLINE BUSINESS PAPER Editorial: 088-856-3344 • Advertising: 0917-7121424 Palm varieties THE Regional Development Council 10 (RDC 10) endorses its support for the inclusion in the mandate of the Philippine Coconut Authority (PCA) the development of other palms such as sugar palm (kaong), fishtail palm (pugahan), and the palm wood (bahi). This is to enhance support in the development of other palm varieties into an industry in the region and respond to the demands for other palms based products and by-products in the domestic and foreign markets. This is to enable PCA to appropriate funding support for research and development of the other potential palm varieties. Coco industry OROQUIETA City -- The Misa- mis Occidental provincial government (MOPG) will work for the revival of the coconut industry in the province. This assurance came from Governor Herminia M. Ramiro who said the province will workout a new program that will revive the industry through the Department of Agriculture (DA), by distrib- uting new coconut varieties, such as, the dwarf variety, that only takes a shorter time for the trees to bear fruits. The governor said she is looking forward that this new scheme will be able to help the coconut farmers in their livelihood and bring back the luster of the industry. Copra is one of the main products of the province but the coconut industry has been taken for granted and left–out, thus the need to revive it, the Governor also said. *Limited to Silver 700, Gold 950, Platinum 1,150 and Premium HD 1,350 packages. Contract of 24 months lock in period z One month advance required. Call: 8572663 762112 8573837 FLOAT. CAMELLA Homes’ social arm, Villar Foundation, won first place in the “Pamulak sa Kaday- awan” float competition in the recently concluded Kadayawan Festival in Davao City. (PHOTO PROVIDED) By CARMELITO Q. FRANCISCO, Correspondent D AVAO City -- The city government is finalizing its bid to host next year’s Philippine Advertising Congress, an official said. “We are optimistic that the city will be- come the venue of the advertising congress. The city has a lot to offer ranging from having sufficient hotel rooms, good food and metropolitan lifestyle,” said Jason C. Magnaye, Davao City Tourism Operations Office head. During the culmination of the annual Kadayawan Festival at the weekend, city government representatives met with Tour- ism Secretary Ramon R. Jimenez, Jr. to appeal for support on hosting the biennial advertising event. The ad congress, which attracts over 2,000 delegates, was last held in Camarines Sur in November last year. LIMITED FACILITIES In previous years, Davao had failed to convince organizers due to limited facili- ties, particularly on lodging and convention areas. Facilities have improved for the past Caraga intensifies anti-logging drive By NEF LUCZON, Correspondent THE campaign against illegal logging has been intensified in Caraga Region with the recovery of high-value illegally cut logs, the most recent of which was along the two rivers in Agusan del Sur on Monday afternoon, according to state information body. The crackdown was led by the Anti- Illegal Logging Task Force with support Aboitiz group backs efforts to uplift quality education and turned over two school buildings, with two class- rooms each, here Friday. The more than P4 mil- lion school building projects benefited the Corrales and Bulua Elementary Schools. By BUTCH D. ENERIO Correspondent CONTINUING its commit- ment to uplift the quality of education in the country, the Aboitiz group of companies, through its foundation, built Exorbitant taxi charges reach dead end Exorbitant charges by taxis at the Lumbia airport will soon end. By JORIE C. VALCORZA, Contributor THE Regional Development Council 10 (RDC-10) Infrastructure and Utilities De- velopment Committee (InfraCom) endorses a resolution calling for enforcement policies prohibiting taxicab drivers from engaging in flagged-up meters or operating on con- tractual basis. Engineer Modesto C. Babaylan, private sector representative co-chairperson of the InfraCom, said in last week’s 94th RDC full council meeting held in Camiguin ABOITIZ/PAGE 10 CARAGA/PAGE 10 TAXI/PAGE 10 AD/PAGE 10

Upload: businessweekmindanao-bwm

Post on 07-Mar-2016

220 views

Category:

Documents


3 download

DESCRIPTION

BUSINESSWEEK MINDANAO AUGUST 24,2012

TRANSCRIPT

Page 1: BUSINESSWEEK MINDANAO AUGUST 24,2012

P15.00Issue No. 101, Volume III • August 24-26, 2012

Market IndicatorsMarket Indicators

US$1 = P42.29 5,152.15 points

FOREX PHISIX

AS OF 6:13 PM AUG. 22, 2012 (Wednesday)

13 cents

54.66points

Briefl yBriefl y

www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

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

Palm varietiesTHE Regional Development Council 10 (RDC 10) endorses its support for the inclusion in the mandate of the Philippine Coconut Authority (PCA) the development of other palms such as sugar palm (kaong), fishtail palm (pugahan), and the palm wood (bahi). This is to enhance support in the development of other palm varieties into an industry in the region and respond to the demands for other palms based products and by-products in the domestic and foreign markets. This is to enable PCA to appropriate funding support for research and development of the other potential palm varieties.

Coco industryOROQUIETA City -- The Misa-mis Occidental provincial government (MOPG) will work for the revival of the coconut industry in the province. This assurance came from Governor Herminia M. Ramiro who said the province will workout a new program that will revive the industry through the Department of Agriculture (DA), by distrib-uting new coconut varieties, such as, the dwarf variety, that only takes a shorter time for the trees to bear fruits. The governor said she is looking forward that this new scheme will be able to help the coconut farmers in their livelihood and bring back the luster of the industry. Copra is one of the main products of the province but the coconut industry has been taken for granted and left–out, thus the need to revive it, the Governor also said.

*Limited to Silver 700, Gold 950, Platinum 1,150 and Premium HD 1,350 packages. Contract of 24 months lock in period

One month advance required.

Call: 8572663762112

8573837

FLOAT. CAMELLA Homes’ social arm, Villar Foundation, won first place in the “Pamulak sa Kaday-awan” float competition in the recently concluded Kadayawan Festival in Davao City. (PHOTO PROVIDED)

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- The city government is finalizing its bid to host next year’s

Philippine Advertising Congress, an official said. “We are optimistic that the city will be-come the venue of the advertising congress. The city has a lot to offer ranging from having sufficient hotel rooms, good food and metropolitan lifestyle,” said Jason C. Magnaye, Davao City Tourism Operations Office head. During the culmination of the annual Kadayawan Festival at the weekend, city government representatives met with Tour-ism Secretary Ramon R. Jimenez, Jr. to appeal for support on hosting the biennial advertising event. The ad congress, which attracts over 2,000 delegates, was last held in Camarines Sur in November last year.

LIMITED FACILITIES In previous years, Davao had failed to convince organizers due to limited facili-ties, particularly on lodging and convention areas. Facilities have improved for the past

Caraga intensifies anti-logging drive

By NEF LUCZON, Correspondent

THE campaign against illegal logging has been intensified in Caraga Region with the recovery of high-value illegally cut logs, the most recent of which was along the two rivers in Agusan del Sur on Monday afternoon, according to state information body. The crackdown was led by the Anti-Illegal Logging Task Force with support

Aboitiz group backs efforts to uplift quality education

and turned over two school buildings, with two class-rooms each, here Friday. The more than P4 mil-lion school building projects benefited the Corrales and Bulua Elementary Schools.

By BUTCH D. ENERIOCorrespondent

CONTINUING its commit-ment to uplift the quality of education in the country, the Aboitiz group of companies, through its foundation, built

Exorbitant taxi charges reach dead end

Exorbitant charges by taxis at the Lumbia airport will soon end.

By JORIE C. VALCORZA, Contributor

THE Regional Development Council 10 (RDC-10) Infrastructure and Utilities De-velopment Committee (InfraCom) endorses a resolution calling for enforcement policies prohibiting taxicab drivers from engaging in f lagged-up meters or operating on con-tractual basis. Engineer Modesto C. Babaylan, private sector representative co-chairperson of the InfraCom, said in last week’s 94th RDC full council meeting held in Camiguin

ABOITIZ/PAGE 10

CARAGA/PAGE 10TAXI/PAGE 10

AD/PAGE 10

Page 2: BUSINESSWEEK MINDANAO AUGUST 24,2012

0917-7154399088-856-8562/63

2 August 24-26, 2012 EconomyEconomy www.businessweekmindanao.com

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Tangub releases P26M for eco-tourism site developmentBy RUTCHIE C. AGUHOB, Contributor tourism adventure facilities.

Situated in the open area at the foot of the Mt. Malin-dang RNP, the site faces the south peak and located 850 meters above sea level (asl), in the highlands of Tangub and only about 700 meters below Mt. Ampiro, the lowest peak of the mountain ranges of Mt. Malindang. Its view spans to the other six ranges with summits from 1,700 m-2,400 m asl and the areas in the towns of Kolambugan, Tubod and Maigo in Lanao del Norte

TANGUB City -- The local government of Tangub has released P26 million for the devel-opment of the Eco-Tourism Model Site of the Mt. Malindang Ranges Natural Park (RNP) in Barangay Hoyohoy, this city. The project aims to estab-lish a visitors’ center, viewing deck, camping site facilities and a botanical garden to showcase the unique and rare species of f lora found inside the Mt. Malindang RNP, Mayor Philip Tan, who led its recent ground-breaking

and capsule laying ceremony, said. Barangay Hoyohoy is one of the upland barangays in the protected area of Mt. Malindang RNP that sig-nificantly possesses natural beauty and grandeur, which becomes an avenue for eco-

across Panguil Bay and those of the neighboring city of Ozamiz, and the municipali-ties of Clarin and Tudela in the east and Bonifacio and Don Victoriano in the south. Tan said the sustainable financing project through the development of eco-tourism model site inside the Mt. Malindang is for the protection and management of the park for its perpetual existence. An inventory of plant species in the Mt. Malindang RNP in 2004 said that there are 1,284 species, 472 genera and 187 families. Of these, 873 were considered as angio-sperms, 20 as gymnosperms, 280 as pterodophytes, 85 as byrophytes and 25 species as lechens. Likewise, of the pterodo-phytes, the number of species recorded represented about 44 percent of 632 species

found in Mindanao. The identification of the site is a laudable strategy to sustainably manage its abundant resources, which is envisioned to greatly boost the protection activities in the park and Mt. Malindang’s environs. “It will invite tourists from all walks of life to ex-perience nature that leads to sustainable management,” the mayor said. Located at the southern curve of the D-shape prov-ince of Misamis Occidental, in the island of Mindanao, Tangub City is bounded by Mt. Malindang in the north, Ozamiz City in the east, Paguil Bay in the south and the municipality of Bonifacio in the west. It can be reached by plane in one hour and 20 minutes from Manila, one-night travel by boat from Cebu City and

three hours and 30 minutes ride by bus from Cagayan de Oro City. The ground-breaking was attended by the rep-resentatives of the Asso-ciation of Southeast Asian Nations (Asean) Centre for Bio-Diversity (ACB), which awarded the “Plaque Recog-nizing Mt. Malindang RNP as an Asean Heritage Park in the Philippines,” and the ACB-German Organization (GIZ) which handed over its certificate of approval to Governor Herminia M. Ramiro of Misamis Occi-dental. After the ground-break-ing, Tan also led the tree planting of some 200 trees of the Igem and Almaciga species in the area, together with the participants of the second National Asean Heri-tage Park Conference, held in the province.

Buseco expands, unveils 10MVA substation, 69KV lineBy JOSEPH G. CAMASURA

Correspondentof the project markers. Also present to witness the formal start of the proj-ect are Buseco officials led by General Manager Ed-gardo Masongsong, Project manager Engr. Artis Nikki Tortola, Buseco’s outgoing Board chairman Charlie C. Castillanes and incoming Chairman Eligio C. David, Jr. who both gave their re-spective inspirational mes-sage, representatives from National Electric Admin-istration (NEA), local gov-ernment units and Bank of

the Philippine Island (BPI), Impasug-ong Mayor Mario Okinlay, and local officials of the host barangay of San Vicente. Board Member Gloria Ranille, in her closing re-marks, said that the occasion signifies more progress in this part of the province which will start in San Vi-cente. “As God calls for light to shine upon us during the creation, Buseco will light upon us for a brighter future,” Ranille said.

THE Bukidnon Second Elec-tric Cooperative (Buseco) has unveiled the commis-sioning of its 10MVA substa-tion and 69KV line at San Vicente, Sumilao, Bukidnon on August 20. This expansion by the province’s power provider is expected to spur economic development particularly in the second district, Sumilao Mayor Rey Baula said during the blessing and unveiling

DavNor guv urges inclusion of whole Mindanao in PRDP

TAGUM City -- The governor here has joined Mindanao officials in asking the De-partment of Agriculture (DA) to include the whole of Mindanao in the proposed $627-million Philippine Ru-ral Development Program (PRDP). Governor Rodolfo P. del Rosario pushed the proposal

when he presented the resolu-tion of the Program Advisory Board (PAB) of the Mindanao Rural Development Program (MRDP) to include all local government units (LGUs) in Mindanao in the PRDP, during the recent 8th World Bank Implementation Sup-port mission in Quezon City. The PRDP is a replication

of the five-year MRDP, which is funded by an $83.75-mil-lion World Bank (WB) loan, including about $40-million worth of counterpart from the national government and the LGUs. Del Rosario, who is the president of the Confedera-tion of Local Chief Executives in Mindanao and concur-rent member of the PAB representing the league of governors, said the PRDP has substantial funds to cover all Mindanao LGUs. Agriculture Secretary Proceso Alcala assured he would take into consideration the proposal of the PAB even if the PRDP plan has been formulated. At present, MRDP is op-erating in 225 of the 420 towns in all of Mindanao’s 26 provinces. The PRDP proposes to maintain the coverage area in Mindanao, while expand-ing the program to include Visayas and the southern part of Luzon.

CAGAYAN DE ORO MAIN BRANCHP & J Lim Bldg., Tiano Brothers – Kalambagohan Sts.,

Tel. # (08822) 727-829 * Telefax # (088) 856-1947CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491CORRALES BRANCH Corrales Ave., Cagayan de Oro City

DIVISORIA BRANCH A 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 CityTel. # (088) 231-6739a

Page 3: BUSINESSWEEK MINDANAO AUGUST 24,2012

3August 24-26, 2012 www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Available at:

BRANCHES ADDRESS CONTACT NUMBER 1. QAPI - CDO J.R. BORJA ST., C.D.O.C. 72-40-58/857-41132. QAPI-ILIGAN DY PICO BLDG., LUNA ST. 063-221-3646 0917-632-53053. QAPI-VALENCIA T.N. PEPITO ST. 088-828-2090 0917-632-53064. QAPI-BUTUAN COR. MONTILLA VILLANUEVA ST. 085-815-2422 0917-632-53015. QAPI-PAGADIAN SAN FRANCISCO DISTRICT 062-214-1754 0917-632-53086. QAPI-OZAMIZ J.P. RIZAL COR. LAUREL ST. 088-521-0917 0922-650-18797. QAPI-SURIGAO MAGALLANES ST. 086-826-1170 0917-632-53108. QAPI-DIPOLOG GEN. LUNA COR. OSMEÑA ST. 065-212-4327 0922-3045-2909. QAPI-GENSAN SUN CITY SUITES NAT’ HI-WAY 083-301-900210. HAPI-OSMEÑA OSMEÑA EXTENSION, 72-63-13/856-401911. HAPI-DUMAGUETE MARIA CRISTINA ST. 035-225-1581 0922-8501-34912. HAPI-TAGBILARAN C.P. GARCIA AVE. 038-235-3037 0922-8501-87713. SAPI-CARMEN VAMENTA BOULEVARD 858-166014. SAPI-PALA-O PALAO EXTENSION 063-221-2607 0917-632-531315. RAPI-CAPISTRANO CAPISTRANO ST. 856-492916. RAPI-TACLOBAN ZAMORA COR. STO. NIÑO ST. 053-325-9957 0917-632-533917. CQ-LIFESTYLE CENTER J . R . B O R J A S T . 5 7 - 9 0 0 1 - 0 4 / 714136-37 / 857-9094 0922-822807118. CQAI-CEBU OSMEÑA BOULEVARD 032-254-5899 0922-8228-06819. CQAI-IPIL PRES. QUIRINO ST. 062-333-2491 0917-632-532120. CQAI-ZAMBOANGA ZONE 3, NUÑEZ ST., 0922-8501-339 062-992-289021. CQAI-MARANDING HIGHWAY, LALA, LDN 063-388-7116 0917-632-533322. CQAI-ORMOC AVILES ST. 053-255-7593 0922-8501-35923. CQAI-SIDANGAN ZAMORA ST. 065-224-2802 0917-632-533624. CQAI-TALISAY BULACAO TALISAY CITY 032-272-1192 0922-8228-06525. CQAI-TAYTAY No. 9 RIZAL AVE., 02-669-1182 0922-8228-067

Page 4: BUSINESSWEEK MINDANAO AUGUST 24,2012

4 August 24-26, 2012 CompaniesCompanies www.businessweekmindanao.com

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Republic of the PhilippinesRegional Trial Court of Misamis Oriental

10th Judicial RegionBranch 38

Cagayan de Oro City2012-357

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

PAL prods gov’t for air talksFLAG CARRIER Philippine Airlines (PAL) has asked the government to conduct air talks with Canada, firming up preparations for earlier announced plans to launch more flights to the North American country by October.

will remain at just seven per week by October. Aside from Canada, Mr. Ang earlier said that PAL will be launching more f lights to US and revive f lights to Europe, such as Paris and London by next year, as the company is upbeat that Phil-ippines will soon regain its Category 1 status. In January 2008, US-based Federal Aviation Adminis-tration (FAA) downgraded the Philippines to Category 2 from Category 1 following a safety audit on November 2007, thus prevented local carriers from expanding operations abroad, such as in the United States. In the wake of the FAA downgrade, the International Civil Aviation Organization designated the country as “a significant safety concern” in December 2009. The follow-ing year, the European Union banned Philippine carriers from f lying to Europe.

“PAL asked us as if we can conduct air talks with Canada,” Civil Aeronautics Board Executive Director Carmelo A. Arcilla said not-ing that the request was made by PAL’s representatives. “Well, Canada has always been a growing market for us.” This, after PAL President Ramon S. Ang told reporters last month the airline is look-ing to launch more flights to Canada by October, which is one of the ways seen to revert back the company to profitability. Already, the country has seven frequencies to Canada, which are used by PAL for its daily f lights to Vancouver. Air rights negotiations with Canada is not the regu-

lator’s priority this year, Mr. Arcilla said, but it is possible to seek temporary additional frequencies. “Our priority for this year is South Korea, Sin-gapore, Australia, United Arab Emirates, Kingdom of Saudi Arabia, and Thailand,” Mr. Arcilla said. “We may conduct an air talks with Canada early next year.” The government might instead ask for “extra sec-tion f lights” from Canadian aviation authorities in the meantime, to give PAL tem-porary frequencies. In any case, Mr. Ang had said that PAL might just adjust its offerings to four f lights to Vancouver and three f lights to Toronto per week in case frequencies

PAL had further said it will implement a massive aircraft-route realignment to match the aircraft capacity with the carrying require-ments of various destina-tions. The move, Mr. Ang said, is expected to result in $300 million worth of annual fuel savings particularly as the company aims to narrow its deficit by yearend. For its fiscal year ending in March 31, PAL Holdings, Inc., the flag carrier’s parent, posted a P3.63-billion loss attributable to equity hold-ers of the parent company, a reversal from a P2.533-billion income realized last year due to rise in fuel cost. To prepare for the long-haul f lights to key cities in the world, the company has acquired its third Boe-ing 777-300ER worth $247 million, while another will come in December and two more next year.

Vista Land to offer homebuilder bonds

LISTED DEVELOPER Vista Land & Lifescapes, Inc. will be offering this year the first tranche of its P2.5-billion homebuilder bonds to raise funds for corporate purposes and attract more buyers. The Villar-led company last Friday registered the bonds with the Securities and Exchange Commission, said Ricardo B. Tan, Jr., Vista Land chief financial officer and compliance officer. This paves the way for a first tranche issuance of P500 million this semester. Last July 26, Vista Land authorized management to offer its Homebuilder Bonds at a maximum amount of P2.5 billion, earlier reports showed. “The primary purpose of the bonds is to provide Vista Land’s existing and pro-spective customers with an alternative investment vehicle which should also assist and encourage them to purchase Vista Land’s horizontal and vertical residential products,” the property firm said in a statement, adding that the earnings from the bonds may also be allotted for general corporate purposes. The bonds will have a three-year tenor, which may be extended to five years if desired, a 5% to 6.75% per annum indicative interest rate for the first tranche, and a P180,000 minimum subscription payable through 36 monthly payments of P5,000. Upon the bonds’ maturity, investors may opt to use the proceeds to purchase a Vista Land property, or secure a cash pay-out, the company said. Investment & Capital Corp. of the Philippines (ICCP) will be serving as financial advisor and issue

manager for the offering. “Having acted as co-lead manager for Vista Land’s recent successful P4.8-billion notes issue, we are again looking forward to working closely with the company in ensuring the success of their first Homebuilder Bond is-sue,” Conrado A. Gloria, ICCP president and chief operating officer, was quoted as saying. Vista Land has so far de-livered about 200,000 units to buyers since 1977, and claims to have a presence in over 50 cities and municipalities nationwide. Earlier this year, the com-pany bared plans to develop eight residential condomini-ums worth P10 billion and 32 residential subdivisions worth P32 billion this year.

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF

FELISA GANANCIAL BOQUIREN

Notice is hereby given that the intestate estate of the Late FELISA GANANCIAL BOQUIREN, who died on August 1, 2012 in Cagayan de Oro City, left parcel of registered land located in Licoan, Sumilao, Bukidnon and more particularly described as follows; A PARCEL OF LAND (Lot 4, Pcs-10-002395 (AR), being a portion of Lot 83-A, and 83-B, Psd-10-019836), situated in the Barangay of Licoan, Municipality of Sumilao, Province of Bukidnon. Containing an area of (50,000) square meters, more or less. That the said real property is covered by transfer Certificate of title No. AT-13141 is the subject of DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF FELISA GANANCIAL BOQUIREN, made and entered into by and among ATTY. ALEJO T. BOQUIREN, JR., of legal age, widower, and resident of St. Ignatius, Macasandig, Cagayan de Oro City, herein referred to as Heir; and CARMELA JAY BOQUIREN PAYOYO, of legal age, widow and resident of St. Ignatius, Macasandig, Cagayan de Oro City, herein referred to as Heir; as per Doc. No. 470; Page No. 095; Book No. XXVI; Series of 2012, under Notary Public of ATTY. SAMUEL B. ARNADO.

BWM: AUG. 24, 31 & SEPT. 7, 2012

Page 5: BUSINESSWEEK MINDANAO AUGUST 24,2012

5August 24-25, 2012CompaniesCompanies www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

SM plans to buy smaller grocersSM RETAIL, Inc. is eyeing small supermarkets it can buy out in Luzon as other rivals have undertaken mergers and acquisitions to compete against the Sy-led giant. “There are [supermar-kets] being looked at,” Joey C. Mendoza, president of SM Retail’s supermarkets division, said noting that while nothing has been finalized, opportunities are being scrutinized “closely.” “It’s always a possibil-ity for us. We don’t close [ourselves off to] options like that. If there are stores that, say, have had enough of running on their own and would like to sell, we will anticipate those,” Mr. Mendoza said. Already, the group has acquired a number of Glo-ri supermarkets and Makro stores in Metro Manila a few years back, Mr. Men-

Inc. has consolidated its operations with that of upscale S&R Membership Shopping. Puregold has also moved to acquire the Gant Group of Companies, which operates Parco Su-permarket. Upscale Rustan Super-centers, Inc. for its part sold a 50% stake in the company to Asian retailer Dairy Farm Internation-al Holdings, Inc. of the Hong Kong-based Jardine Matheson Group, in a bid to strengthen Rustan’s posi-tion in the country. The Hortalezas’ personal care store chain HBC, Inc. has meanwhile acquired pharmaceutical retailer and convenience store operator Savemore Drug, Inc. “Acquisitions would be a good counter-strategy,” Jose Mari B. Lacson, head of research at Campos Lanuza & Co., Inc., said.

doza said. “We look at the his-torical performance of a particular store. If it jibes with what we’ve set our performance goal to be given the SM treatment, so to speak, then we look at it,” Mr. Mendoza explained. SM Retail said it wants to f irm up its presence outside Metro Mani la ,

where growth prospects are reportedly located. “There are a lot of com-petitors there. Provincial Luzon is very attractive, especial ly in the urban areas,” Mr. Mendoza said. This plan comes on the heels of recent mergers and acquisitions conducted by rivals. Puregold Price Club,

SM Retail contributed P73.8 million in revenues to its parent’s profits in the first half, 8.37% higher than the P68.1 million accounted for in the same period last year, mainly due to new store openings. As of end-June, SM Re-tail’s portfolio consisted of 43 department stores, 34 supermarkets, 73 SaveMore stores, and 33 hypermar-kets. T h r e e d e p a r t m e nt stores , n ine SaveMore branches, and three hy-permarkets are set to open before the year ends. Parent firm SM Invest-ments Corp. has allotted a record P56.80 bi l l ion capital budget for this year to fund expansions for its f lagship mal l and con-dominium development units SM Prime Holdings, Inc. and SM Development Corp.

Honda holds off local launch of hybrid carsAUTOMOTIVE MAKER Honda Cars Philippines, Inc. will hold off from introduc-ing hybrid models into the local market until Congress passes tax breaks for this type of vehicle, an official said last week. “We are ready to introduce [hybrid] models as early as we can after the bill is passed in the Senate. The Senate is

discussing the exemption of the vehicle duty on excise tax and with this kind of incentive, we can sell this car at a more affordable price,” Honda President and General Manager Tatsuya Natsume said last week. Already, Honda show-cased the Insight and CR-Z hybrid cars at the 4th Philip-pine International Motoring

Show held at the World Trade Center from Aug. 16-19. The Insight was first in-troduced by Honda in 1999. The CR-Z was introduced in 2010. Such cars combine an internal combustion engine, which uses gasoline, and electric motors to power the vehicle.

Petron back on PSE index; Cebu Air outOIL refiner Petron Corp. is back on the Philippine Stock Exchange (PSE) index, replac-ing Cebu Air Inc., operator of budget carrier Cebu Pacific. In a disclosure on Wednes-day, the PSE said the new composition of the PSEi will take effect on September 10. “Petron Corp. will now be part of the benchmark index replacing Cebu Air,” the PSE said. The PSE had conducted a review of the composition of the 30-company index from July 2011 to June 2012. The PSEi is now composed of the following companies: Ayala Corp., Aboitiz Equity Ventures, Alliance Global Group Inc., Ayala Land Inc., Aboitiz Power Corp., BDO Unibank, Belle Corp., Bank of the Philippine Islands, DMCI Holdings, Energy Develop-ment Corp., First Gen Corp., Globe Telecom, International Container Terminal Services Inc., Jollibee Foods Corp., JG Summit Holdings, Metropoli-tan Bank & Trust Co., Mega-world Corp., Manila Electric Co., Metro Pacific Investments Corp., Manila Water Co. Inc., Petron Corp., Philex Mining Corp., Robinsons Land Corp., Semirara Mining Corp., SM Investments Corp., San Miguel Corp., SM Development Corp., SM Prime Holdings, Philippine Long Distance Telephone Co. and Universal Robina Corp. For a listed company to be included on the PSEi, it should satisfy the following criteria: free f loat level, liquidity and full market capitalization. HONDA/PAGE 10

Page 6: BUSINESSWEEK MINDANAO AUGUST 24,2012

IGNACIO BUNYE

SPEAKING OUTSPEAKING OUT

FR. ROY CIMAGALA

HINTS AND HINTS AND TRACESTRACES

Website: www.businessweekmindanao.comE-mail : [email protected]

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promo-tions every Monday and Friday of the week with offi ce address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the De-partment of Trade and Industry (DTI), Region 10 with Certifi cate No. 00875701, and with Business Permit No. 2010-5698, TIN No. 946-396-807 – Non VAT.

ATTY. MARIO T. JUNI. . .

L C

DANTE M. SUDARIAPUBLISHER

JOE DEL PUERTO FELICILDAU C. Q E C

RIZA O. ARESLIEZL A. DELOSO

JOE PALABAORENE MICHAEL BAÑOS

M C

NELSON CONSTANTINOEDITOR-IN-CHIEF

PINKY CADAVEDOA

FELIX SANTILLAN L A

TEL. NOS.: (088)8578447, 74-5380, 0923-432-0687

BusinessWeekBusinessWeekYour local online business paper

E

NATIONAL MARKETING PARTNERSA VENTURE MKTG CORP.

MARLYN PAR Telefax: (02)485-05702512 Opalo St., San Andres Bukid

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.

The End of the World

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTE

The $1-B IMF loan explained

Contraception is intrinsically evil

THINK a minute… Recently the biggest-sell-ing book in America was about the end of the world. Sometimes watching the world’s news is like watching a horror movie, isn’t it? You know that the 20th century had more people killed in wars than all the other cen-turies of history combined! Besides all the wars, we’re seeing an increase in many kinds of natural disasters like earthquakes, fl oods, and hurricanes; plus totally new weather patterns that never existed before such as El Nino and La Nina. Th en, there are the ter-rible diseases, plagues, and new mystery viruses. AIDS, the worst disease in history, is killing millions of people

worldwide with still no cure in sight! In Africa, entire towns have no adults because they’ve all died from AIDS, so just babies and children are left to survive alone. According to a new United Nations re-port, we now have the worst world hunger and famine in history. Hundreds of millions are starving with countless thousands dying every day. You know that Jesus Christ told us that all these things would happen and that they’re like labor pains just before a mother gives birth. Th ese terrible things are the sign that He’s getting ready to come back. Only this time, He’s coming to judge all this world’s evil and wrong. Jesus said we can’t know the exact day of His return, so it will

be sudden and here before we know it. But Jesus explained it’s because He loves us so much that He’s waited as long as He can for more of us to choose to receive His gift of forgiveness and eternal life, before it’s too late! But if you know the world’s Judge personally as your friend, then His return is good news because you’re going home with Him to live forever in paradise, just as He promised. That morning of Sep-tember 11, those people who went to work at the World Trade Center in New York had no idea they would never see their family again. And neither do we know if we’ll live to see tomorrow. Jesus made it clear that we all live forever—either in heaven or

hell. Th e choice is ours. So why not ask Jesus to forgive you and take charge of your life every day? Th en you’ll have absolutely nothing to fear—neither your sudden death, nor even the end of the world. Just think a minute…

YOU may have heard of the Bangko Sentral’s pledge to extend a US$1-billion loan to the International Monetary Fund (IMF) being discussed in television and radio talk shows, or read about politi-cians and economists state their views about it in the newspapers last month. Many Filipinos, as exhib-ited by the media’s man-on-the-street interviews, have given many an impassioned opinion about it — under-standable, since US$1 billion is indeed no measly amount. However, the Bangko Sentral ng Pilipinas (BSP) has a justifiable reason for making this pledge. As BSP Governor Amando Tetangco Jr. has explained: “The Philip-pines is supporting the global efforts to stabilize the world economy and maintain it

on a growth path... we are a member of the global com-munity of nations and it is also in our interest to ensure economic and financial sta-bility across the globe.” To further explain this topic to the ordinary Fili-pino, may I share this article written by one of our BSP employees, Jason P. Raval. Jason, a photo journalist assigned at the BSP Corporate Affairs Office (CORAO), published this commentary on his Facebook account in an effort to explain to every “Juan and Maria” the reasons behind the BSP’s US$1-billion loan to the IMF. Below is the first part of the article — a slightly edited version of the original. The second and last part will come out next week. May I just say that this

article is one of the best layman’s explanations I’ve read about the issue. Great job, Jason.

$1 BillionBy Jason Arlan Pilaza

Raval $1 billion. TV, radio, print, and even social media is abuzz with the news that the Philippines has pledged to loan $1 billion to the IMF which will be used to help the Euro Zone countries in bad shape. In many “man on the street” interviews from our local news programs, we would hear Juan and Maria complain that it is absurd to lend money to other countries when so many of our people are starving, schoolchildren are without classrooms, sick without proper healthcare, etc. They say the $1 billion

or roughly R43 billion would do so much good if it was spent here for the Filipino people and not lent to other countries. Juan and Maria’s senti-ments are understandable, but the problem is, they do not understand where the $1 billion came from and

THE reason bishops and many others are up in arms against the RH Bill is be-cause that proposal, while packaged beautifully with all sorts of benefits—even being touted as the ultimate solution to our poverty—is simply immoral. And it is immoral because again, in spite of its many good points, it is blind to the intrinsic immorality of con-traception. Rather it presents contraception in fact as an expression of freedom, the so-called freedom of choice, which simply worsens things, adding fuel to the fire. To me, this is the very germ that spoils the whole RH Bill package, the poison that corrupts the cake. It betrays a certain danger-ous ideology, a spirit of the world if not of the devil that inspires it and that simply cannot be compatible with Christian faith and morals. Because of that, certain features of the RH Bill mani-fest a malignant character. The provision on sex educa-tion even to little children is one. That of companies forced to enforce family plan-ning to their employees is another. That of punishing those who may speak badly

of the RH law is still another. Then Hillary Clinton herself declared that RH would include abortion as one option. So, even if the pro-RH group tells us there is no abortion in the bill, we have reason to answer back, “Tell it to the Marines.” Contraception is an in-trinsic evil. There’s no ifs and buts about that. And that’s simply because, even without bringing yet the context in which it is used, whether in marriage or outside it, contraception is already a clear abuse of our sexual and procreative faculty. It’s explained all over in many Church documents like the Humanae vitae, Evangelium vitae, Verita-tis splendor and, of course, the Catechism. To cite one doctrine, we have the fol-lowing from the Catechism. It’s kind of long, so I beg for my readers’ indulgence - “Every act ion which, whether in anticipation of the conjugal act, or in its accomplishment, or in the development of its natural consequences, proposes, whether as an end or as a means, to render procreation impossible is intrinsically evil.

“Thus the innate lan-guage that expresses the total reciprocal self-giving of husband and wife is overlaid, through contraception, by an objectively contradictory language, namely, that of not giving oneself totally to the other.” (2370) That’s quite clear and categorical, isn’t it? Similar teaching is repeated in many other documents. It’s disquieting and dis-turbing to learn that even some Catholic theologians do not buy this doctrine. Not only that, but they also admit, whether openly or in secret, and even teach that the RH bill is ok.

Brittle BonesOSTEOPOROSIS is one condition that we could do without. If one were to hold a bone in one’s hands, it wouldn’t be that easy to break it. As a matter of fact, I would need a bone saw just to cut it and be able to ex-amine the innermost por-tions, and would require my energies to finish one! But, in osteoporosis, the bone is easy to break as it is weak and brittle. Normally, bone, being a living tissue is constantly absorbed and replaced. As people age, bone mass is lost faster than it is created. The inability to replace that which is lost may result into a weaker bone. It is during childhood and early adult-hood that one should have invested in what we call his/ her bone bank, so that, when he/she ages, one can draw from its deposits and thus, minimize the risk of developing osteoporosis. With very little deposit to draw on, as one ages, then the probability of having the disease, is compounded if one were to have any of these risk factors: a history of osteoporosis in the family,

medications like prolonged intake of steroids, and certain anti cancer drugs. Women during meno-pause is at greater risk and is attributed to hormonal changes. Men who are under-going treatment for Prostatic cancer are likely to develop brittle bones too. The spine, hips and wrist are the most commonly affected bones. Back pains, a hunched for-ward posture and fractures are complications that is bothersome. It is worth remembering that to have a fracture at this age is so depressing as it limits one’s mobility and healing takes a longer period of time as compared to when one is younger and with no associ-ated osteoporosis. To check on one’s risk for developing osteoporosis, one may undergo a test that will determine bone density. The most popular and common diagnostic tool that is simple to perform, with fast results and non invasive is the Dual Energy X Ray Absorptiom-eter ( DXA ). Treatment is directed towards what is the underly-ing cause or risk factor. But, then again, why suffer from

it, when there are preventive measures that one may do? Lifestyle choices will have an impact on one’s future health status: eating foods rich in calcium( simple diets like sardines and green leafy vegetables like my favourite camote tops salad, is food for the bones), with the aid of sunlight and Vitamin D ( essential for the calcium to be absorbed by the body ), and exercise. Shying away from too much alcoholic beverages is important as alcohol inter-feres with the body’s ability to absorb calcium. And, when one reaches the age of 50’s and beyond, wearing sensible low heeled non slip shoes, and making one’s home a

CIMAGALA/PAGE 7

BUNYE/PAGE 7

6 August 24-26, 2012 OpinionOpinion www.businessweekmindanao.com

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

DIAO/PAGE 7

Page 7: BUSINESSWEEK MINDANAO AUGUST 24,2012

7August 24-26, 2012 www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF

FELISA GANANCIAL BOQUIREN

Notice is hereby given that the intestate estate of the Late FELISA GANANCIAL BOQUIREN, who died on August 1, 2012 in Cagayan de Oro City, left (3) parcelS of registered land located in Macasandig and Gusa, Cagayan de Oro City and more particularly described as fol-lows; I. Transfer Certificate of Title No. T-36064, ”A PARCEL OF LAND (Lot 2955-A-2, Psd-10-003001, be-ing a portion of Lot 2955-A, (LRC) Psd-43987), situated in the Barrio of Macasandig, City of Cagayan de Oro. Containing an area of (500) square meters, more or less. II. Transfer Certificate of Title No. T-126374, “A PARCEL OF LAND (Lot 3-W, of the subdivision plan (LRC) Psd-45540, being a portion of Lot 3, (LRC) Psd-48196, L.R.C. Cad. Record No. 1561), situated in the Barrio of Macasandig, City of Cagayan de Oro. Containing an area of (180) square meters, more or less. III. Transfer Certificate of Title No. T-33651, “A PARCEL OF LAND (Lot 39, Block 16, of the subdivision plan (LRC) Psd-82838, being a por-tion of Lot 2388, Cagayan Cadastre, L.R.C. Cad. Rec. No. 1569), situated in the Barrio of Gusa, City Cagayan de Oro. Containing an area of (270) square meters, more or less, covered by Transfer Certificates of Title No. T-36064, T-126374 and T-33651, is the subject of DEED OF EXTRAJUDI-CIAL SETTLEMENT OF ESTATE OF FELISA GANANCIAL BOQUIREN, made and entered into by and among ATTY. ALEJO T. BOQUIREN, JR., of legal age, widower, and resident of St. Ignatius, Macasandig, Cagayan de Oro City, herein referred to as Heir; and CARMELA JAY BOQUIREN PAYOYO, of legal age, widow and resident of St. Ignatius, Macasandig, Cagayan de Oro City, herein referred to as Heir; as per Doc. No. 469; Page No. 095; Book No. XXVI; Series of 2012, under Notary Public of ATTY. SAMUEL B. ARNADO.

BWM: AUG. 24, 31 & SEPT. 7, 2012

* Slovenia $1.2 billion * Malaysia - $1 billion * New Zealand - $1 billion * Thailand - $1 billion * Philippines - $1 billion * Cyprus - $600 million * Malta - $300 million (To be continued next week)

Bunye...from page 6

To justify their views, they make strange appeals to the voice of their conscience, to the temper of the times and the situations, to historical and cultural conditionings, etc. Th ey cite as examples and pieces of evidence the supposedly altered attitude of the Church toward issues like slavery, usury, marriage, death penalty, etc. Th ey claim that they are not for moral relativism. But nothing seems absolute to them other than what they like to believe and not what the Church teaches. They actually make things relative to them. Th ey are quite selective, oft en distinguishing between their conscience and Church magisterium to give priority to the former over the latter. Of course, they don’t run out of arguments to support their position of conscience over magisterium. They continue in their fi shing expedition, scouting for more evidence of sup-posed Church changes in attitude if not in teaching on certain issues, in the hope that the Church teaching on contraception would change also, not only on the surface,

Cimagala...from page 6

friendly and safe place to be: keeping the f loors dry, free of unwanted electrical cords, brightly lit areas, and hand bars to hang on to. It is not the disease itself that should scare one , but, the physical disability. It doesn’t take much to invest in this so called bone bank. Keeping one’s self healthy by eating that which is rich in Calcium, coupled with the right amount of exposure to

Diao...from page 6

the loan will do for our coun-try. So, for every Juan and Maria, here are some of the facts that you must know. 1. The IMF called out for pledges to fund its “Firewall” fund, which will be used to stave off future economic cri-ses. Here’s the list of pledges that the IMF received ar-ranged from highest to low-est. See where we are? * Japan - $60 billion * Germany - $54.7 billion * China - $43 billion * France - $41.4 billion * Italy - $31 billion * Spain - $19.6 billion * Netherlands - $18 billion * Britain - $15 billion * Saudi Arabia - $15 bil-lion * South Korea - $15 bil-lion * Belgium - $13.2 billion * Sweden - At least $10 billion * Brazil - $10 billion * India - $10 billion * Mexico - $10 billion * Russia - $10 billion * Switzerland - $10 billion * Norway - $9.3 billion * Poland - $8.3 billion * Austria - $8.1 billion * Australia - $7 billion * Denmark - $7 billion * Turkey - $5 billion * Finland - $5 billion * Singapore - $4 billion * Luxembourg - $2.7 bil-lion * Slovakia - $2.1 billion * Czech Republic - $2 billion * South Africa - $2 billion * Colombia - $1.5 billion

but more on the core, on the essence. They conveniently ig-nore the teaching on the homogeneous development of doctrine in theology and in the Church. Th is teaching simply states that the deposit of faith entrusted by Christ to the Church is in its objectiv-ity already complete. It’s in our understanding of it that involves growth and develop-ment but in an organic and homogeneous way. And to think that many of these so-called theologians are teaching in seminaries and Catholic schools! We have to brace for future troubles when sooner or later we will have more priests and others openly saying that contracep-tion and the RH Bill are just ok. I salute an old religious priest who boldly declared that those teachers in the Catholic school put up by his order who are for RH are free to go. He said they have no right to teach what is clearly against the law of God.

sunlight, and being physi-cally active, will surely keep you able and capable when accounting time comes...

Jollibee to operate another Asian chain

JOLLIBEE FOODS Corp. plans to spend $8 million in the next three years for a joint venture that will operate hot pot restaurants in China and its territories. Th e homegrown fast food giant -- through wholly-owned subsidiaries Jollibee Worldwide Pte. Ltd. and Golden Plate Pte. Ltd. -- has forged an agreement with Taiwan-based Hoppime Ltd. to operate the food chain called 12 Sabu in China, Hong Kong, and Macau, a disclosure yesterday showed. “Th e joint venture aims to tap into the very popular hot pot dining market in China with the benefi t of the combined experience and expertise of Wowprime and Jollibee,” the disclosure read. Jollibee and its subsid-iaries will control 48% of the envisioned joint-venture company. Another 48% will go to the Hoppime’s parent Wowprime Corp. Wowprime is Taiwan’s largest restaurant chain group. Th e remaining 4% stake will be allotted to individuals with retail backgrounds in China. Jollibee is expected to sink in $8 million from 2012 to 2015 as its investment in the joint venture, the disclosure added. The 12 Sabu brand of-fers budget hot pot dishes cooked by customers in in-dividual quick-heating stone hot pots, and forms part of an 18-store restaurant network that brought in approximately T$200 million in revenues

last year. Jollibee’s latest deal adds to a string of other acquisitions and partnerships in Asia. Last March, Jol l ibee strengthened its foothold in China and completed the pur-chase of a 55% stake in budget beef noodle restaurant San Pin Wang Food and Beverage Management Co. Ltd. It then broadened its ex-pansion plans further as it went on to ink a joint-venture deal with Singapore’s Beeworks, Inc. back in May to establish and operate Jollibee stores there. As of end-June, Jollibee’s store portfolio included 2,022 local branches and 524 over-seas branches. In Asia, it already operates stores in China, Hong Kong, Vietnam, Brunei, Indonesia, and the Middle East. Jollibee has so far regis-tered a 21.2% increase in its fi rst-semester net income to P1.59 billion from P1.34 bil-lion in the same period last year, boosted by improved customer volume and cost improvements. System-wide sales, the measure of all sales to consum-ers both from company-owned and franchise stores, rose by 13.5% to P44.50 billion versus P39.21 billion, year on year. Last month, Jollibee said it is likely to slash the prices of its products moving forward, as typically-high commodity prices, which have tempered the company’s bottom line in recent quarters, are now seen to be decreasing, earlier reports said.

Page 8: BUSINESSWEEK MINDANAO AUGUST 24,2012

INGREDIENTS300 g fish steaks (salmon, tuna or dorado), deboned and cut into chunks150 g shrimps, shelled150 g squid, ink sac removed and each cut crosswise into 38 cloves garlic, crushed1 pc medium onion, sliced1 pc medium carrot, cut into chunks2 pc medium potatoes, cut into chunks1 can(227 g) DEL MONTE Tomato Sauce1 pc laurel leaf100 g Baguio beans, cut 1-1/2” long

PROCEDURE1 Cooking time 30-35 minutes Sprinkle seafood with 1/2 tbsp

calamansi juice and 1/3 tsp iodized fine salt (or 1 tsp iodized rock salt). Half-fry fish, then set aside.

2 Saute garlic, onion, carrots and potatoes. Add DEL MONTE Tomato Sauce, 3/4 cup water, 1/3 tsp iodized fine salt (or 1 tsp iodized rock salt), 1 /4 tsp pepper and laurel leaf. Simmer for 15 minutes.

3 Add seafood and Baguio beans. Simmer for another 5-10 min-utes.

Makes 6 servings.

8 August 24-26, 2012 LifestyleLifestyle www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

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 of Misamis Oriental

10th Judicial RegionBranch 38

Cagayan de Oro City2012-373

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

Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBRANCH 26

Medina, Misamis Oriental

IN THE MATTER OF THE PETITION FOR SP. PROC. CASE NO. 321-MCORRECTION OF ENTRIES IN THE RECORDSOF BIRTH OF ISIDRITA RAÑOA ABAD,PARTICULARLY CORRECTING THE ENTRY FORHER SEX FROM “MALE” TO “FEMALE”, HERFIRST NAME OF “ISIDRITA” TO “GRITA”, HERFATHER’S NAME FROM “MARIANO ABAD” TO“MARIANO TRESTON ABAD”, HER MOTHER’SNAME FROM “ROSALIA RAÑOA” TO “ROSALIAAGUILAR RAÑOA” AND UNDER THE PORTIONOF THIS BIRTH TO BE ENTERED AS TWIN

GRITA RAÑOA ABAD-GALARPE, Petitioner. -versus-THE LOCAL CIVIL REGISTRAR OF MEDINA,MISAMIS ORIENTAL Respondent.x------------------------------------------------------------ /

AMENDED ORDER

Petitioner through counsel filed a verified petition for correction of entries in the records of birth of Isidrita Rañoa Abad, particularly correcting the entry for her sex from “Male” to “Female”, her first name of “Isidrita” to “Grita”, her father’s name from “Mariano Abad” to “Mariano Treston Abad”, her mother’s name from “Rosalia Rañoa” to Rosalia Aguilar Rañoa” and under the portion of this birth to be entered as TWIN. Finding said petition sufficient in form and substance, the same is hereby given due course. The petitioner is hereby directed to cause this Amended Order to be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental at her own expense. Let copies of this Amended Order be posted in three (3) conspicuous Public places, such as the Bulletin Boards of the Medina Municipal Hall, the Office of the Local Civil Registrar of Medina, Misamis Oriental, and this Court. This case is set for hearing on December 13, 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 under the entry whose cancellation or correction is 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 Amended Order be furnished the Office of the Solicitor General, Office of the Public Prosecutor of Misamis Oriental, Office of the Local Civil Registrar of Medina, Misamis Oriental, the petitioner and her counsel. SO ORDERED. Done this 8 August 2012 at Medina, Misamis Oriental.

(Sgd.) DAN R. CALDERON Presiding JudgeBWM: AUGUST 24, 31 & SEPT. 7, 2012

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 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

RIZA O. ARES, HRM

LIFE & LIFE & LeisureLeisure

Beef Salad Orientale

FIESTA is food. And in the Philippines, we always cel-ebrate the feast of almost all the Saints. Fiestas in-variably become merry-if unorthodox-mix of piety and lots of food and alcohol. It’s been quite awhile since we’ve shared recipes to our readers and we’ve promised that we’re going to come out with lots of festive recipes in time for Cagayan de Oro fiesta. So here we are! We know that it’s a purely a Spanish-acquired Filipino tradition to celebrate fiestas, be it a simple or an extravagant ones. And surely, a delicious meal is one of the most valuable gift you

A festive way to celebrate Fiestacan give to yourself, your family and visitors. We all know that as a home-maker we have to cook something that is delight-fully nutritious and great-tasting meals to please our “mamistahay” who would come from different places and we don’t want to disap-point them, right? Most of the times we even try to scourge our files to find that old recipes that’s been the favorite of our family. Therefore, we invite you to try our recipes that offer vari-ety of f lavors, made simplier and easy to prepare. I recommend this Pork Piña Humba, which is rich in

niacin that promotes normal digestion and healthy skin. Also, Seafood Stew which is rich in Vitamin A that helps good vision or eyesight. Beef-Sausage Stew, which is excellent source of lysine that promotes growth in the young ones. And what about t he Embutido, which is easy to

prepare and very yummy too. Here you can add your favorite veggies like carrot green and red pepper and you can cook it in advance and appropriate for the customary pasalubong we locally coined as “BH” or bring house. When it comes to eating healthy foods, sometimes all we have to do is pair up the right foods on your plate. A fresh vegetable salad will do. Create a variety of f lavor, color and texture in your tossed green salad by combining different types of shredded veggies like lettuce, cabbage, cucumber, tomato, sweet pepper, shredded crab meat and bacon bits, if de-

sired. Toss with chopped apples, Del Monte tidbits & chunks. Shredded cheese and chopped nuts (walnuts or cashew) and don’t throw away the syrup from canned pineapples as this can be added to salad dressings like French & Caesar & carribean for Zest. See salad dressings recipes.

Seafood Stew

Pork Piña HumbaINGREDIENTS1 can (234 g) DEL MONTE Fresh Cut Pineapple Chunks, drained (reserve syrup)½ kg pork kasim, cut into chunks 8 cloves garlic, crushed½ cup water3 tbsp soy sauce3-1/2 tbsp brown sugar1/8 tsp dried oregano (optional)2 tbsp DEL MONTE Red Cane Vinegar1 pc laurel leaf3 tbsp tausi (salted black beans)

PROCEDURE1 Combine pineapple syrup with other

ingredients except pineapple chunks. Cover and simmer over low heat for 40 minutes or until pork is tender, then sim-mer uncovered for about 10 minutes.

2 Add DEL MONTE Fresh Cut Pineapple Chunks. Allow to simmer for another 5 minutes.

Makes 6 servings.

Page 9: BUSINESSWEEK MINDANAO AUGUST 24,2012

August 24-26, 2012 9Congress.WatchCongress.Watch www.businessweekmindanao.com

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Republic of the PhilippinesRegional Trial Court of Misamis Oriental

10th Judicial RegionBRANCH 18

Cagayan de Oro City2012-365

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

Rufus to Lagman: Don’t call us extremists

Rodriguez Lagman

PLEASE, don’t call us ex-tremists and malevolent. Cagayan de Oro City Rep. Rufus Rodriguez, one of many House mem-bers opposed to the Re-productive Health (RH) bill, addressed this ap-peal to Albay Rep. Ed-cel Lagman, one of the measure’s authors. “Congressman Lag-man and those support-ing t he proposed R H law should not resor t to name-cal ling. They should stick to the is-sues and engage us in civilized debate. Resort-ing to name-calling is un-parl iamentary,” he said. “Being pro-life is not

extremism. On the con-trar y, it is those who

advocate killing life at conception, which is what

the RH bill is all about, who are extremists,” Ro-driguez said. He urged Lagman and other authors “to marshal their forces, if they have enough, to get the bill moving.” “ T hey a lways lack enough warm bodies in t he session ha l l . It is they who are delaying the proceedings, not us,” he said. “We who are opposed to the bi l l wil l a lways at tend t he session to asser t our r ights and to block this measure, which wi l l promote a culture of abortion,” he added. Lagman has denied that the proposed law would promote abortion. Over the weekend, he labelled those opposed to the bill as extremists for opposing proposed amendments that would respond to their criti-cisms and address their concerns. They would block the measure, even if only a comma remains of it, he said. Representatives Jea-net te Ga r in of I loi lo and Kimi Cojuangco of Pangasinan, Lagman’s co-authors, accused an-ti-RH congressmen of abusing the rules of the House by making privi-

lege speeches to delay the bill ’s consideration. Speaker Feliciano Bel-monte Jr. has promised to come up with rules that could get the proposed RH legislation moving again. Last Aug. 6, the House overwhelmingly voted to end debates on the bill. Meanwhile, Senator Miriam Defensor-Santi-ago came to the defense of faculty members of the Ateneo de Manila University who have been subjected to threats from the Catholic church for taking a position sup-porting the RH bill. “That is an infringe-ment of the const itu-tional right to academic freedom enshrined in the Constitution. You cannot dictate on a professor what to teach. This is a backward looking mes-sage. You can no longer punish Catholics for their freedom of conscience,” said Santiago who is also co-author and sponsor of the RH bill. “The Catholic is not supposed to swallow ev-erything that is recited by a cleric, whether he is a parish priest or a bishop. Only the Pope can dictate and that is only when he categori-cally claims that he is spea k ing ex cat hedra

in his role as supreme pontiff,” she added. On the other hand, in spite of their differ-ences over the RH bill, Senate Majority Leader Vicente Sotto said that he would be the first to defend Senator Pia Cay-etano from allegations of plagiarism. Sotto, just like Cay-etano, was also accused of p l a g i a r i sm by a n American blogger and pro-RH bill advocates in his speeches against the controversial measure. The allegation against Cayetano came after the attacks against Sotto and was contained in a blog, the contents of which were distributed to the members of the media. Sotto was supposed to del iver a pr iv i lege speech last Wednesday in response to the attacks against him by American blogger Sarah Pope and the pro-RH groups but this had to be postponed in deference to the death of Inter ior and Loca l Government Secretary Jesse Robredo. He said that his re-sponse to the “hatchet job” against him would have to come next Tues-day and then the last part of his presentation against the RH bill would be on Wednesday.

No marching orders on FOI: PalacePRESIDENT Aquino would not issue marching orders for his congressmen-allies to approve the controversial Freedom of Information (FOI) bill, Secretary Her-minio Coloma said Thursday. “The President recognizes that Congress is a co-equal body. It is my observation that he is very circumspect in wielding a significant in-fluence on a co-equal body,” Coloma told the House ap-propriations committee. Coloma heads the Presi-dential Communications Operations Office, the suc-cessor of the old Office of the Press Secretary. He attended a hearing on his agency’s 2013 budget. While Aquino is “cir-cumspect” as to refrain from issuing a marching order, Coloma said there is no doubt that the President wants Congress to approve the FOI bill. He said Malacañang’s submission of its FOI ver-sion to the legislature “is a wholehearted endorsement” of the proposed law giving media and the public access to official information. “I don’t think there are ifs and buts in the presidential commitment to FOI,” Coloma said. In fact, Aquino has or-dered state agencies to draft implementing rules and regu-lations (IRRs) in anticipation of the eventual approval of the FOI bill, he added. Coloma pointed out that these agencies would “have varying IRRs” and each would have to “customize their rules to respond to the public’s demand for informa-tion.” “This preparat ion is parallel to the legislative process,” he stressed. During t he hear ing, Cagayan Rep. Rufus Rodri-guez suggested that Malaca-ñang should recruit better speechwriters who could write “great speeches” for Aquino. “The President’s speeches should be more effective, relevant and memorable to the people,” he said. Coloma told Rodriguez that presidential speeches

are handled by the group of Secretary Ricky Carandang of the Presidential Commu-nications Development and Strategic Planning Office, which he said is separate from his agency. Like on the FOI, Aquino did not categorically tell his allies to approve another controversial measure – the Reproductive Health (RH) bill – when he met with them in a Palace luncheon caucus last Monday. In a statement issued after the caucus, presidential spokesman Edwin Lacierda said, “This afternoon, the President met with a multi-party caucus composed of members of the majority and minority of the House of Representatives. Con-gressmen for and against the Responsible Parenthood (RP) bill were present.” “The President expressed his opinion on the RH bill and had a healthy discus-

sion with congressmen with different persuasions and positions. All sides were heard and considered. Even minority congressmen and those opposed to the measure were given the opportunity to air their side,” Lacierda said. “The President echoed the view that the responsible parenthood measure had been discussed thoroughly over the past several years and expressed his desire that Congress move on to the next step in the legislative process,” he added. Later that af ternoon, Aquino’s House allies over-whelmingly voted to termi-nate f loor debates on the RP bill and to move to the next stage of the legislative process – the period for amendments. Speaker Feliciano Bel-monte Jr. has expressed con-fidence that the House would eventually vote to approve the bill.

The idea is to create a local-based business magazine, a magazine that will feature businesses and business owners a top quality advertising and marketing medium directly to their intended clients, providing them a stress-free advertising avenue. As BusinessWeek Mindanao celebrates its 3rd anniversary, the inception of the magazine now becomes a reality – the BWM Magazine.

BWM is a monthly magazine that gives you an avenue to increase your visibility and client-base. Targeting the class A & B clients suited for your kind of market. BWM Magazine will circulate Mindanao-wide as this is backed by BusinessWeek Mindanao’s distribution bureaus in the island. BWM also maximizes advertisers’ visibility through www.businessweekmindanao.com where an e-mag in PDF file format is downloadable free and readable online by our partners and international readers throughout the world.

The BWM Magazine is glossy from cover-to-cover and will come out monthly. It is a special publication which features articles promoting business establishments engaged in every facet of business, pleasure and entertainment. It will also feature prominent personalities in business, tourism, sports, politics and governance.

The first magazine of its kind will certainly bring in a better view of Cagayan de Oro business and business community as well as promote the region in terms of economic growth and business sensibility.

For inquiries and advertising placements please call the

following office numbers74-53-80, 857-8447 or mobile numbers 0927-337-3917 and

0922-538-4939. Visit us at

BusinessWeek Mindanaolocated at Abellanosa St.

Cagayan de Oro CityEmail us at

[email protected]

CDO MAGTO SHOWCASE

PRIMEMOVERS OF MINDANAO ECONOMY

Page 10: BUSINESSWEEK MINDANAO AUGUST 24,2012

10 August 24-26, 2012 www.businessweekmindanao.com

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Education

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

sells a hybrid vehicle, the Prius, in the country but the firm said there is still a small market for hybrid vehicles in the country due to the price. “The market is here but it is not yet prime because the prices are still pretty high,” said Rommel R. Gutierrez, Toyota vice-president for government and industry affairs, in a separate inter-view. Mr. Natsume similarly said, “Practically, there is no market today and we still don’t know what kind of market size there will be. But it will be very important to introduce this kind of technology so that people will know about it and it will benefit the environment.”

Honda...from page 5

of SM Lanang Premier, the second SM shopping mall in the city. Lourdes P. Maca l in-dong, v ice-president for sa les a nd ma rket ing of SM Hotels and Conven-tions Corp., believes the convention center can ac-commodate delegates to

Ad...from page 1

and for the Civil Aviation Authority of the Philippines (CAAP) to take on the re-sponsibility of dispatching the taxis at the Lumbia Airport. Th e committee said that enforcement of existing poli-cies and ordinance toward this concern will help uplift the image of the region to boosts tourism and investments. Department of Trade and Industry (DTI) Region 10 Director Linda O. Boniao, a member agency of the RDC,

Taxi...from page 1

the logs at Adgawan River, in La Paz and Ihaoan and Johnson rivers, in Loreto en route to processing plants. The seized logs were turned over to the Com-munity Environment and Natural Resources Office of Talacogon, also in Agusan del Sur. Earlier this month, at least P1.7 million of logs believed to be illegally cut were seized

Caraga...from page 1

becoming educated. “We have always believed in the Filipino students. Our future lies in the youth, and with enough support, they will defi nitely drive our coun-try forward,” Aboitiz said. He also thanked the two congressmen, whose efforts in the development of their constituencies have resulted to numerous projects deliv-ered to the different com-munities. The school buildings were not the first partnership be-tween the Rodriguez brothers and Aboitz Power. In the wake of Typhoon Sendong in December last year, where

Aboitiz...from page 1

two years, however, with the construction of new hotels and a new conference ven-ue, the 5,000-capacity SMX Convention Center which is scheduled to open on Sept. 27, coinciding with the opening

the advertising congress. Further, there is a bigger 6,000-seater Davao Inter-national Convention and Exhibition Center which is within the SM project. The availability of two facilities for major events, Tourism Regional Director Arturo P. Boncato, Jr. said

in an interview, will allow the city to market itself as a venue for major meetings and conventions. “We will market the city not just a plain tourist desti-nation, but a destination with all the amenities necessary for whatever gathering,” he said.

The endeavor was in partnership with Aboitiz Power (AP) and Reps. Rufus and Maxi Rodriguez of the second district this city and party list Abante Mindanao, respectively. Gracing the turnover of the school buildings was Luis Miguel Aboitiz, AP senior vice president for marketing and trading who was accom-panied by Rep. Rodriguez in the two elementary schools. Aboit iz said that the young in the country should be given the right support to

thousands of people died and hundreds left homeless, they partnered in distribut-ing tons of school supplies to children affected by the f looding, notwithstanding the millions of pesos worth of relief goods. The Aboitiz Group started building schools in the differ-ent locations in the country where it has already provided 571 classrooms since in 1998. “We hope to find more partners that as passionate and dedicated as Aboitiz Power. With partnerships like these , we can easily address the problems or our community one step at a

time.” Rodriguez said Aboitiz Power is one of the biggest power producers in the country. Its 200-MW Therma Marine Power barges in Agusan del Norte and Compostela Valley are de-livering power to 21 electric cooperatives, distribution utilities and industrial cus-tomers helping them cushion the debilitating effects of the power shortage in Mindanao. The company is also in-vesting P35 billion to add 354 MW to the Mindanao rid by 2015- its contribution to solving the power supply problem in Mindanao in the medium term.

complaints against erring taxi drivers continue to per-sist and asks government not to tolerate these acts. Th e InfraCom endorse-ment also calls for the Cagay-an de Oro City Council and the Land and Transportation Franchising Regulatory Board (LTFRB) to post notices, or stickers of their respective regulations in strategic areas

supported the move and noted that simple things like this already creates an impression on “how well” the authori-ties were able to manage its system. With the ongoing con-struction of the Laguindingan Airport in Misamis Orien-tal, which is of international standard, the RDC body is recommending further study on the matter on how to best institute the terminal transport system, benchmark-

ing on the notable successes from some foreign and local airports like in Manila and Iloilo City. Th e Laguindingan Air-port, which is expected to open in November next year, will then become the new gateway of the region. The study will also in-corporate bus stations and seaports, to ensure a tourist friendly system of transporta-tion in the city and the rest of the region, as well.

from the military and police, the statement said. Authorities in the latest drive seized a total of 62 cubic meters of assorted logs composed of red and white lauan, bagtikan, tangile, mayapis and almon with an estimated value of P308,000. The task force intercepted

by a joint police-military team in an old warehouse in Bayugan City, Agusan del Sur of about 70,000 board feet composed of the same tree species seized in the two towns last Monday. Manobo Chieftain Mer-lyn Coguit confirmed the “renewed offensives of log-gers” into their ancestral domain and their “taking advantage” of the national

situation with the death of Interior Secretary Jesse Robredo. Robredo was President Aquino’s main man in the campaign against i l legal logging since the President issued Executive Order 23 which bans logging activities. Environmental plunderers, however, continue to defy the President’s order particularly in Agusan del Sur.

Honda released other hybrid versions of its popu-lar brands and has since been able to sell more than 800,000 hybrid vehicles as of end-2011. Senate Bill No. 2856 or the Electric, Hybrid and Other Alternative Fuel Vehicles Incentives Act of 2011 is currently pending second reading in the plenary. The act proposes excise and value-added tax exemptions for alternative fuel vehicles. A counterpart bill from the House of Representatives was approved on third read-ing on March 21. Toyota Motors Philippines Corp., for its part, already

Curriculums in the 20TH and 21ST Centuries: A Comparative ReflectionBy OMAR Q. HUSSIEN, M.A.Ed. the whole system. This

is indeed a blatant and flamboyant improvement in pedagogy of teach-ing nowadays which was obviously not seen from that of the curriculum in the former century. Second, there was a fragmented curriculum in the previous century whereas today; we have an integrated interdis-cipl inar y curricu lum. With President Aquino III’s f lagship program on K–to–12, students are now faced with inter-disciplinary instruction in each of the learning areas – thus making the students versatile in many ways as their teachers prepare them for greater academic challenges in the future. The 20TH century curriculum mak-ers and developers failed to foresee how limited would be the impact of their curriculum design to the holistic learning of the students.

ON a School Leadership class in the Graduate School of Capitol Uni-versity, Cagayan de Oro City with our mentor Prof. Olga C. Alonsabe, Ph.D., I have learned that the curriculums prevailed both in the 20TH and 21ST centuries differ in many ways. For one t hing, t he 20TH century curricu-lum is teacher–centered while the 21ST century curriculum is student–centered. This is then an apparent disparity between the two cur-riculums. With today’s worldview on modern pedagogy, teachers who facilitate instructional act iv it ies that require students–in–action are considered assets in the educational arena. Out-puts held by the students themselves are given great appreciat ion not only by the teachers but by

Third, the curriculum in the former century is textbook–driven while the curriculum in the latter century is research–driven. As students in the present are as objective as they are, they consis-tently tend to seek for an existing problem and later provide scientif ic explanation to respond to the occurrences of such. With the implementation of today’s curriculum, the bookish style and the dependency to textbooks in the former century have eventually come to an end. Fourth, the curricu-lum in the 20TH century had focused on student memorization whereas today’s curriculum; it focuses on what students know. Thrusts on rote memory are mainly and mostly practiced among Asian Nations. But in the advent of Western model of ladderized education which Asia n Nat ions

have eventually adapted, there occurred a shif t of paradigm from rote memorization to logical and critical thinking. For that, the Higher Order Thinking Skills are now given great emphasis in all learning areas, making the learners in the 21ST century more competent and competitive. And lastly, the 20TH century curriculum ig-nored the diversity of the students whereas nowa-days; the d iversit y of learners has been given ful l at tention by both t he curr icu lu m ma k-ers and the teachers as forerunners and front l iners of such educa-tional implementation. This particular aspect has been implemented even before the advent of K–to–12. One proof of these is the implementa-tion of the National Com-petency–Based Teachers Standards in 2009 where diversity of learners has

been embedded in its first component. From what I have learned from the discus-sion and sharing that we had in the class, I now realize that behind the numerous def init ions and thoughts entwined to curriculum itself; by simple understanding, the curriculum drives the everyday functioning of the school. I further realize that although the educational curriculum in the previous century is now seen as less competi-tive than the curriculum now in the 21ST cen-tury, still there must be something better about the former – in some aspects – than the lat-ter. This is because there has been multitude of successful students who happened to be scien-tists and professionals; who are at the same time undoubtedly products of

the curriculum in the previous century. As a Ph.D. student of Educat iona l Ma nage-ment, I believe that the prevai ling curriculum must be evaluated well. After all, it is through e v a lu at ion a nd f u r-ther eva luation where a cer ta in educat iona l program, legislation or implementation can be better. One more thing teachers like me should make it sure is the avoid-ance of upholding nega-t ive react ions to such implementation consider-ing that we belong to the system where we should instead pour our trust and support. I further believe that by model-ing trust and support to the organization or school where we belong, the other members will replicate in the end what they will see and get from us.

Page 11: BUSINESSWEEK MINDANAO AUGUST 24,2012
Page 12: BUSINESSWEEK MINDANAO AUGUST 24,2012

12 August 24-26, 2012 www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Monday, August 20, 2012, San Vicente, Sumilao, BukidnonMonday, August 20, 2012, San Vicente, Sumilao, Bukidnon

CHARLIE C. CASTILLANESBoard of Director

ELIGIO C. DAVID JR.Board of Director Pres.

Engr. EDGARDO R. MASONGSONG

General Manager/CEO

Hon. REY B. BAULAMunicipal Mayor

Sumilao, Bukidnon

GLORIA D. RANILEBoard of Director

Hon. GENEVIEVE SOHENTOBrgy. Captain

San Vicente, Sumilao, Buk.

IP of Sumilao

Rev. Fr. BONG C. NAMOCOT

69 KV Line

Engr. ARTIS NIKKI TORTOLAETSD Manager

Engineering Department

Chicken Dance

CUTTING OF RIBBON with CUTTING OF RIBBON with Dir. Eligio C. David Jr.President and Dir. Eligio C. David Jr.President and

GM Engr. Masongsong.GM Engr. Masongsong.

BUSECO Board of DirectorsBUSECO Board of Directors

On going porgram

BUSECO Blessing & Commissioning BUSECO Blessing & Commissioning of 10 MWA Substation and 69 KV Lineof 10 MWA Substation and 69 KV Line