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US$1 = P40.91 5,971.45 points

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AS of 5:57 Pm JAn. 4, 2013 (friday)

X14

cents37.40points

BrieflyBiz permit renewalTHE local government here is currently implementing a streamline system wherein business and aspiring entre-preneurs can secure business permit and license easier and faster through a well-organized procedure. The Department of Trade and Industry (DTI), Department of Interior and Local Govern-ment (DILG) and Invest (Invest-ment Enabling Environment) project under USAID have collaborated with the local government of Cagayan de Oro to produce more efficient means to get business permit and license. There are four easy steps to remember. First, secure and submit application for busi-ness license. This involves downloading application form for business license from the city’s official website, www.cagayandeoro.gov.ph or at the distribution areas adjacent to the Business One Stop Shop (BOSS) at the City hall.

Plaridel portTHE Regional Development Council, region 10 (RDC-X) has endorsed to the Office of the President the proposed delineation of the Port of Pla-ridel as Port Zone Delineation (PZD) under the administrative jurisdiction of the Philippine Ports Authority (PPA). In its endorsement, RDC-X cited that one of the major factors which contributed to the positive performance of Region X’s economy is its strategic physical advantage particularly its accessibility through land, air and sea. Dacanay said the Port of Plaridel, which is located in Barangay Looc, Plaridel town, at the northern portion of the Misamis Occidental, is one of such strategic ports that supports the nautical highway system of the government, Leon M. Dacanay, Jr., regional direc-tor of the National Economic and Development Authority (NEDA), region 10, said.

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Inflation rate slides to 5-yr low in 2012

Young scavengers scour the garbage box for anything of value to help feed their family. Despite continued hardship, the government announced inflation rate last year has slowed down to an average 3.2 percent, compared to 4.6 percent in 2011. File photo by mio cade

THE country’s annual average headline inflation rate slowed to 3.2 percent last year, a significant leap from the

previous year’s 4.6 percent, the National Statistics Office said on Friday. Headline inflation refers to the rate of change in the consumer price index, which is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly bought by average Filipino house-holds relative to a base year, according to primers on the NSO website. In a statement, Deputy Presidential Spokesperson Abigail Valte said they are pleased that the 2012 inf la-tion rate remained stable and was within the 3 to 5 percent target set in the Philippine Development Plan. This is the slowest pace inf lation has grown on a year-on-year basis since 2008. The NSO said, the month-ly inflation rate for December 2012 increased to 2.9 from November’s 2.8 percent. NSO said this was due to higher annual rates in food

and non-alcoholic beverages and alcoholic beverages and tobacco indexes. Despite the slight in-crease, the full-year figure of 3.2 percent was at the low end of the Bangko Sentral ng Pilipinas’ (BSP) target range of 3-5 percent, and well below the 4.6 percent in 2011. The 2012 average likewise was the lowest since the 2.9 percent of 2007, or the year before the global financial crisis began. Excluding the impact of volatile items like food and energy, core inflation eased to 3.3 percent last month from 3.4 percent in November. This brought the full-year figure to 3.7 percent, lower than the 2011 average of 4.3 percent. The uptick in prices last month stemmed from faster

NBI to stop Villar Foundation text scamSEN. Manny Villar said the help of the National Bureau of Investigation (NBI) was sought to finally put a stop to the text scam using the name of the Vil-lar Foundation, which he chairs. Villar said he met with NBI Dir. Nonnatus Caesar

Rojas and got the commit-ment that the bureau’s Anti-Fraud Unit will investigate the matter. “I asked Director Rojas to prioritize this. We will be turning over to the NBI the reports we have collected so they can properly act on

Villar

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CCT partners cites collaboration as key in poverty alleviationDAVAO City -- “Both civil society organiza-tions (CSOs) and government workers need to understand and manage the collaborative process. Collaboration is the key to alleviate the poor. Both parties have to trust each other and learn from each other.”

Belgian firm to conduct feasibility study on solar energy system in ButuanB U T UA N C i t y – T h e Belgian f irm Enfinity, a developer of renewable energy, through its local f irm Enfinity Philippines Renewable Resources Inc. (EPRRI) will enter into a memorandum of agreement (MOA) with the Butuan City Government for the creat ion of a feasibi l ity study in putting up of a solar energy system project

in this city. The Sangguniang Pan-lungsod has seen the need to commit to such noteworthy project to bring about effec-tive solutions to different issues of pollution particu-larly in Butuan City as well as ensure reliable supply of electricity at affordable rates basically to promote holistic development with the passage of a resolution

DPWH 11 completes P5-B projects in Davao Region

those completed. DPWH regional director Mariano Alquiza said the department has undertaken 679 projects of which 113 were ongoing and 158 were yet to be started. “We are pleased to tell the people of Region 11 that the DPWH has been meet-ing its targets in terms of infrastructure development program for the region,” Alquiza said. He said that despite the wrath of super typhoon Pablo the department continued with its construction activi-ties and added the repair and rehabilitation of the infra-structures damaged by the calamity. Alquiza, meanwhile, said that the replacement of the collapsed Manurigao Bridge (Teodoro Palma Gil Bridge) in Caraga, Davao Oriental, the biggest infrastructure damage in the region, could take year to complete. “It will take time before would could connect the isolated towns of Baganga, Cateel and Boston,” he said. Alquiza said DPWH 11 has been consistently the top performing office in the region in terms of project completion. “This is a very good sign, it could boost our chances of being qualified for Interna-tional Standard Organization (ISO) accreditation. He said if they could pass in all requirements, they could get the ISO ac-creditation this year along with DPWH National Capital Region.

DAVAO C i t y -- Some P5 billion worth of construction was completed in Davao Region, the regional office of the Department of Pub-lic Works and Highways

(DPWH) announced Friday. A total of 388 major infra-structure projects composed of national and secondary roads, bridges and tourism road networks were among

of the said purpose. As stated in the reso-lution, it is in pursuance of Republ ic Act 9513, a declared policy of the gov-ernment to develop and uti lize renewable energy sources and promote its efficient and cost-effective commercial applications by providing fiscal and non-f iscal incentives. This is

CSOs have a lot more to offer.” Aportadera chairs the UCCP Pag-ugmad sa Kabataan Foundation, Inc. and one of the signatories in the MoA. Five CSOs signed the MOA to partner with the social welfare department in the implementation of the MCCT, a Pantawid Pami-lya modality that targets families with children with disabilities, families of child laborers, IP migrant fami-

This was the statement made by Dr. Ar turo D. Aportadera in his mes-sage at the signing of the memorandum of agreement (MOA) on the Modif ied Conditional Cash Transfer (MCCT) held at Grand Men

Seng Hotel recently. “O u r j ou r n e y w i t h DSWD in working with t he poor for a lmost 30 years is an enriching one. As our commitment, we should look into sharing of resources. And it is true,

lies, displaced families due to disasters, street families, homeless families, and other families in need of special protection (FNSP). MCCT will provide eli-gible households/families with P 300.00 per month per child for education grant to a ma ximum of three children and P 500.00 per month per household as health grant. The house-hold or family with 0-14 year-old children may re-

ceive a maximum of P 1,400 per month. The health and education conditions of the Pantawid Pamilya still ap-ply in the MCCT modality but with higher frequency on Family Development Sessions (FDS) or Family Counselling Sessions and health center visits. DSWD sha l l transfer the operational implement-ing cost to the CSO which then undertakes the whole process of identification of

beneficiaries to enrollment and del ivery of support interventions. The five CSOs are Davao Jubilee Foundation for the Rehabilitation of the Dis-abled, Inc.; Love the Chil-dren Foundation, Inc.; SOS Children’s Village Davao, Inc.; Tambayan Center for Children’s Rights, Inc.; and UCCP Pag-ugmad sa Ka-bataan Foundation, Inc. OIC Director of DSWD

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Hyundai Motor’s 2012 sales shoot up 8.6 %SEOUL -- Hyundai Motor Co., South Korea’s leading automaker, said last week that its 2012 sales rose 8.6 percent from a year ear-lier on the back of strong overseas demand despite a global slowdown.

2012 with 862,741 units sold worldwide last year, followed by the Accent subcompact with 700,666 units sold. In December, the carmaker sold 391,152 vehicles, a gain of 5.4 percent from a year ago. It posted 328,046 units in exports, up 4.9 percent on-year, with domestic sales gaining 7.9 percent on-year to 63,106 units.

Hyundai sold a tota l 4,401,947 vehicles through December, up from 4,051,716 units tallied in 2011, said the company in a statement. Its domestic sales dropped

2.3 percent on-year to 667,777 units, while its overseas ship-ments jumped 10.9 percent to 3,734,170 units. The Avante compact was Hyundai’s best-selling car in

Auto parts makers say car smuggling persistsAUTO parts manufac-turers on Friday said the Bureau of Customs has its work cut out given the persistence of smuggling. In a statement, Motor Vehicle Parts Manufac-turers Association of the Philippines (MVPMAP) president Ferdinand I. Raquelsa ntos sa id t he group lauds Customs for the successful conviction of a vehicle smuggler this month. “We hope that the cur-rent administration con-tinues its drive against vehicle smuggling so that the Philippine automotive and parts making indus-tries may finally take off,” Raquelsantos said. He however noted the

“persistent influx of smug-gled second-hand vehicles as a major cause of the underdevelopment of our local auto manufacturing.” Citing Land Transpor-tation Office (LTO) data, Raquelsantos said 57,000 units or over a fourth of new vehicle registrations in 2011 were for used cars. “Instead of get t ing vehicles from the local manufacturers, custom-ers opt to buy second-hand or used imported vehicles which may have been brought in illegally. It takes them about two months to rea l ize that it was not worth it as it breaks down very easily,” he said. Up to 140,000 workers

in the auto sector r isk losing their jobs, as the country’s competitiveness in vehicle manufactur-ing lags behind its Asean neighbors, Raquelsantos said. The Philippines pro-duced only 65,000 vehicles last year, a far cry from Thailand’s 1.46 million units, Indonesia’s 838,000, Malaysia’s 534,000 and Vietnam’s 100,000. “The Philippine auto industry really needs a shot in the arm. We are hoping that this renewed govern-ment init iat ive against auto smuggling is the shot that will help revive our ailing domestic auto and parts making industries,” Raquelsantos said.

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SAN Juan Representative JV Ejercito Estrada urged the government to fast-track the development of a roadmap which will outline strategies that will spur the growth of the local halal industry. The Philippine govern-ment is still in the process of drafting a "road map" which will outline mea-sures to develop the local halal industry and allow exporters to comply with international standards for halal products such as food and medicines. Ejercito Estrada noted that Mindanao is strategi-

cally located and can easily export halal products to neighboring Southeast Asian countries such as Malaysia and Indone-sia where there are large Muslim populations. Establishing a local halal industry will also provide livelihood opportunities to those affected by ty-phoon Pablo in Mindanao, the young lawmaker said. “There are plenty of opportunities for locally-produced halal products particularly since the demand for these have been increasing both in the domestic and global fronts," the solon said. The global halal market is currently estimated at $2.3 trillion and continues to rise due to the annual increase in Muslim popu-lation. "Halal" is an Arabic word which means any object or action that is per-missible to use or engage in accordance to Islamic law.

MANILA- December has always been a frenzy month for residents of Barangay Payatas A in Quezon City what with ubiquitous pre-Christmas and post-holiday celebrations, but for long-time shanty dweller Mary Jane Ayah this was going to be an extra busy day for her. The news from a neighbor about an event in her ba-rangay excited her all the more so she woke up early one morning with her two children in tow to make a first queue for registration at the Payatas A covered court-cum health center, not knowing what was in store for the day. Mary Jane was one of hundreds of mothers, fa-thers and their children who trooped to the health caravan led by the Que-

zon City Health Depart-ment out of curiosity at first but were greeted with a fiesta atmosphere and a colorful bus that was con-spicuously positioned in the crowd-laden venue. As the residents moved about, they saw exhibits and video presentations, listened to health and maternal care lectures, and participated in games and entertainment show that fully described the Lakbay Buhay Kalusugan (LBK) health promotion campaign. In one corner, Philhealth representatives provided information on health insurance and dis-tributed Philhealth cards to over 150 residents. “Maganda po itong event kasi marami po kaming natutunan sa pagplano ng pamilya. At dahil po doon,

nagkaroon ng bonding ang aming pamilya (The event is good because we learned a lot about planning a fam-ily.),” she said. She partici-pated in various activities in the past but for her, the health exhibit was the most educational and fun at the same time. Dr. Ivanhoe Escartin, Director IV of the National Center for Health Promo-tion of the Department of Health was overwhelmed with the huge attendance for the LBK being done in a highly urbanized city. “We are surprised that so many attended and are hungry of information,” Escartin said. He clarified that it was not a medical mission but a come-on for information. For Noel Paestre, who was impressed with how an or-

Health bus serves indigents

JV bats for dev’t of local Halal industry

dinary bus was transformed into a clinic and a health class, it was no longer about him but the welfare of her three children. “Madami akong natutunan, lalo na para sa mga bata (I learned a lot especially for my chil-dren.),” he said. He said any sign of malady needs immediate medical atten-tion and that the Quezon City government provides free health services. Addressing the mothers and fathers who set aside their priorities for the day, Dr. Annie Inumerable, city health officer of Quezon City encouraged and chal-lenged them to put to good practice what they have learned from the activities. “Sana ma-apply ninyo sa araw-araw na buhay ang mga natutunan ninyo sa araw

na ito (Hopefully you can apply in your daily life the things you learned today.),” she said. Kristine, Gerard and Catherine who voluntarily rendered their expertise and time for the indigent residents of Payatas for the first leg of LBK underscored the importance of giving the right information for parents to be able to take care of their families. They also had high praises for the attendees who embraced the unique experience of a health caravan while keep-ing in mind the value of good health, responsible parenthood, maternal and child care. “Bilang provider, kai-langan ng maraming pa-tience. Gusto ko ng health classes kasi mas indepth

yung natututunan nila doon (As information provider, we need a lot of patience. I like the health classes because they get in-depth learning.),” Gerard said. The Lakbay Buhay Kalu-sugan: Kalusugan Pangkala-hatan on Wheels (LBK-KP) is a nationwide compre-hensive health promotion caravan that aims to bring information and educa-tion to families in remote communities. This is an initiative of the Depart-ment of Health through the National Center for Health Promotion (NCHP). Probe Media Foundation, Inc. (PMFI) provides technical assistance in the project implementation. Using a colorful fiesta set-ting, LBK-KP features a bus customized with consulta-tion and examination clinics and a health promotion arena of interactive exhibit, health classes, storytelling sessions, and entertainment shows. Since its launch in 2011, the LBK-KP has proven to be an effective model for public-private partnerships in delivering critical health information and services As more private compa-nies continue to give mod-est financial and in-kind assistance to sustain the health caravan. The LBK has travelled to eighteen areas directly serving over 38,000 people. In addition, over 1,800 pregnant and 8,000 children received prenatal and child care services on the bus. For all these efforts, the LBK is a finalist in the 2012 Good Practice Awards. The innovative bus, the first in the country will make a stop in nine areas in Luzon, Visayas and Mindanao start-ing February next year.

Phoenix Petroleum Philip-pines was recently named the Best Independent Oil Company in Asia by World Finance magazine in its 2012 Oil & Gas Awards. The annual Awards is

given “in recognition of those companies that have successfully weathered the tough economic conditions while ensuring the continu-ing success of the industry.” “The carefully chosen

Phoenix Petroleum recognized as Best Independent Oil Company in Asia

recipients of these awards have been selected for their forward thinking, business acumen, and services to the oil and gas industry,” said the London-based World Finance magazine.

\ “The aim of these awards is to showcase the successes of those chosen in order to set a benchmark for others in the industry. Despite tough economic condi-tions, these companies have persevered against tough environmental as well as business competition whilst weathering external fac-tors.” Phoenix Petroleum Phil-ippines is the leading inde-pendent oil company today with an expanding network of operations nationwide. It is engaged in the business of trading refined petroleum products and lubricants, operation of oil depots and storage fa-cilities, shipping/logistics and allied services. It was earlier named one of the best managed small-cap companies in the Philip-pines by Hongkong-based FinanceAsia magazine.

Phoenix welcomed its 2nd retail station in Ozamiz City on October 28, 2012. Its trade name is Four-E Phoenix Gas Station

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cimaGala/PAGE 11

The Waste of Worry

Reaching out to the ‘unbanked’(Concluded for last week)

THINK a minute… Do you remember as a child being afraid of the boogie man or monsters at night? But now that you’re an adult, you know better than to be afraid of things that don’t exist, right? It ’s amazing how we adults still have fears and worries about things that are not real. Like the man who said: “Don’t tell me worrying doesn’t help. Almost all the things I worry about never happen to me!” The crazy thing is that worry and fear make you run from something that isn’t even chasing you. Be-sides, worry only gives you wrinkles, which is just some-thing else to worry about! England’s former Prime

IN a speech at the Asian International Banking Con-ference last year, Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tet-angco, Jr. said: “Microfinance and financial inclusion are advocacies which we have pursued well before it became popular to do so.” Indeed, the BSP remains at the forefront of establish-ing a policy and regulatory environment conducive to financial inclusion. “This stems from the recognition that financial inclusion is a worthy policy objective that could and should be pursued alongside the promotion of stability and efficiency in the finan-cial system,” according to the 2012 Year End Report on BSP Financial Inclusion Initiatives. Believing that financial

Minister, Winston Churchill, said that whenever he started to worry he’d remember the man on his deathbed who said, “I’ve had a lot of trouble in my life—and most of it never happened!” You see, it’s not work that kills people, it’s worry. When you fear the future, you’re wasting the present. Besides, today has enough trouble of its own. So “At night, give your worries to God. He’s up all night anyway!” Fear and worry is kind of like a rocking chair: it keeps you going, but you don’t get anywhere! And if you can’t help worrying, remember that worrying can’t help you either. Fear will often find proof

for itself. If you’re fearful, you’ll find something to be fearful about. That’s why the American President, Franklin Roosevelt, said: “The only thing we have to fear is fear itself.” Many of us are afraid of what others think; but if we knew how seldom they actually think about us, we’d know not to worry. So whatever you’re afraid of or worrying about, ask yourself: Is it real? And if it is real, how will worrying about it help you? How long will it last? Is it something you can change? If not, how can you best accept and handle it? Then finally ask yourself: How important will this be a year from now? Will it be important to me

at the end of my life? Today, why not give your life, and all its worries, to Jesus Christ? Ask Him to take charge. Then you’ l l know that after you’ve done your best, He’ll always take care of the rest. Just think a minute…

The challenge of bioethics

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JHAN TIAFAU HURST

Think a minute

FR. ROY CIMAGALA

Hints and traces

Speaking out

IGNACIO BUNYE

Viewpoints

ARCH. OSCARV. CRUZ (Ret)

inclusion is a key component of inclusive growth, the BSP is actively implementing policy and program initia-tives to realize the Philippine government’s vision for the financial sector. This vision is highlighted in the Philippine Develop-ment Plan 2011-2016: “an inclusive financial system which provides for the evolv-ing needs of a diverse public.” One of the notable pol-icy and regulatory actions undertaken by the BSP is the implementation of the enhanced rules on true and transparent lending. To improve the imple-mentation of the Truth in Lending Act (Republic Act No. 3765), protect consum-ers from lack of awareness of the true cost of credit, and ensure that they make informed decisions when

WHILE it’s true that our current age of intense infor-mation technology can give us information overload, leading us to get saturated and blasé, it’s also true that the profusion of informa-tion can lead us to a greater sensitivity to the increasing complexity of our life. That’s the irony of our times. That was the first im-pression I got as I started to attend a course on bioeth-ics recently. It struck me as a novel way of having an interdisciplinary effort to blend the best findings of medicine and the sciences with the best conclusions and indications of philosophy, theology and pastoral care. I consider this develop-ment as progress. Too often we can be accused of leaning too much on one side at the expense of the other sides that also need to be consid-ered. Thus, we can be too scientific or empirical that focuses more on the mate-rial, while being deficient on the spiritual and moral that goes beyond the mate-rial and temporal aspects of

our life. This is a common phenomenon these days. Or, we can go the other extreme—being too spiri-tual and moralistic while neglecting the material and biological foundations of our human concerns. As a consequence, we are prone to be narrow-minded, simplistic, rigid, and to easily fall to rash judgments. With our complicated times, we have to try our best to avoid these predicaments. We need to str ike a healthy balance, because the resulting blend would actually bring us to a richer appreciation of reality. It would lead us to serve all of us better. In short, it would help us to live truth in charity better, a goal that we should all pursue in earnest. And so, there I was with a few others in class, having to grapple with the mind-boggling names of hormones, their sources, mechanisms and effects, their usual mani-festations, etc. I suddenly felt like a high schooler again having to cram for an exam the following day.

Besides, we need to assess the ethics and morality of the different cases brought about by our biological life and medical conditions. This aspect was kind of bloody, since we discovered we had divergent views. It became clear to me that bioethics is a relatively new science that would need more inputs, polishing and system-atization. And to think that we were talking more about the reproductive system. I wonder how it is going to be when we start talking about the nervous system and the psycho-emotional aspect it has. I suspect that area would be bloodier. One thing that I clearly saw during the classes was that while learning those bio-logical and medical terms is certainly helpful, we should realize that knowing the nature of things just simply cannot be achieved simply through the naturalistic ways. That is, by simply ob-serving and experimenting. We need to input the data of our faith, since the nature of things is based on

a natural law that is created by God. We just cannot study and claim to know nature without referring ourselves to God. He is the author of nature, after all. I believe the study of bioethics is very important and relevant. It gives us good ideas on how to go about giving advice and counsel-ing to people who come to ask for help. I would say that that the inputs provided by bioethics can give us more charitable, prudent and ef-fective pieces of advice. And so I believe that with the complicated and

the information they need to understand their loan transactions. The Bangko Sentral has also amended the rules on the provision of micro-agri loans, providing banks with the flexibility to innovate the design of their micro-agri loan products. The l ibera l izat ion of

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Happy New Year“HOPE springs eternal,” so the saying goes. May the coming year be still hopeful for a better socio-economic development, for a better peace and order situation in the country. So should it be: May the coming year be free from despair particularly in terms of the needed competence and integrity in governance from the local to the national level. Hence: “Happy New Year!” With the usually per-ceived and readily accepted passage of time from “old” to the “new” year, it might be good to take this occasion to have a more serious look and review of the objective reality of time vis-à-vis its standard understanding and pursuant customary expres-sions plus practices. Question: What is time really? There are at least three answers to the question that are “hard hitting” so to speak whereas they are divested of the usual assumptions about what is time, in truth and in fact. Time is now. The base reality of the matter is that time is now – neither really “before” nor “after”. The ob-jective reality is that time is nothing else than the instant, immediate and unstoppable transit from the “prior” to “post”. The saying “Carpe diem!” or “Catch the day!” is pre-cisely based on the truth that once time is gone, gone is remains. Hence, the saying “Save time!” is an advisory not really to hold on to time

they borrow, the BSP and other regulatory agencies issued similar regulations to cover all credit providers. These regulations man-date full disclosure of all charges related to the exten-sion of credit. Credit granting entities are presently required to charge interest on the out-standing balance of a loan at the beginning of an inter-est period and consider all charges incident to the loan in computing the Effective Interest Rate (EIR). The EIR, whether quoted annually or monthly, should be the only rate quoted in all loan docu-ments, including marketing materials. All credit granting entities are likewise required to use a standard and simple format of disclosure to ensure that borrowers are provided with Bunye/PAGE 11

but also to use time well be-cause time cannot be really “saved” in whatever way. Time is linear. This means that time goes on and on, moves on and on without in any way returning in any form, in any way for anybody. Time is now and gone, it is the very moment it is thought of or mentioned. When it is gone, time never returns, never comes back. As it stops for no one, neither does it return for anyone. Time wherefore is not circular in passage as if it goes round and around. Time simply “marches” on and on and on. And once it is gone, gone it remains. Time is a continuum. This is but a immediate conclusion from the above mentioned reality that time is “now” and “linear” – neither circular nor repeatable. On and one it goes, yes. To say that “it is time again” to do or to abstain from doing some-thing – this is an expression that is not in the sphere of

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harmless and cheapest ways to have a cleaner and safer environment. Knowing its financial benefits and con-structive and helpful impact on every individual and on the environment as a whole, it is safe to say that having a solar energy system means having a more productive and stronger economy, Fortun said.

Conduct...from page 2

need to partner in helping out the poor move up to non-poor category.” Alfredo M. Sy, DSWD focal person on CSO also lauded the good track re-cord of the five CSOs. “We didn’t have a hard time re-viewing and screening their proposals and other docu-mentations since they are also active in other DSWD engagements and they are familiar with the DSWD processes. We have been working together in the past.”

Poverty...from page 2

Prisci l la N. Razon sa id DSWD XI has 6461 MCCT beneficiaries to date. Razon said, “the DSWD systems are in place to help our MCCT recipients successfully jour-ney through the five-year program period. We hope there will be more CSOs joining us in carrying out the MCCT as they are more creative and more innovative in program implementation and management. We really

where solar energy system comes. Vice Mayor Law Fortun said the use of solar energy is timely as it is one of the best options available. An energy coming from nature is one of the cleanest,

No rice self-sufficiency for PHL this year : DATHE Philippines is on track when it comes to its rice self-sufficiency goal for 2013, but the country may still import the commodity as buffer stock.

ating the situation this year, what is sure is that rice im-ports will be lower that the 500,000 MT ordered last year. “Sure na 100 percent [‘yung imports] na mas ma-baba kaysa last year,” the Agriculture chief said. A more concrete and posi-tive development is that the Philippines will start import-ing fancy rice to Singapore, United States, and United Arab Emirates. “It is a very good start… Inaayos na ang volume,” Alcala noted. Skeptics, including the Asian Development Bank and Philippine Institute for Development Studies senior research fellow Roehlano Briones are doubtful about

the government’s rice self-sufficiency goal. “There [is] no historical data that will support this claim. It is not possible to attain sufficiency next year, not even in the near future. Not in your or my lifetime,” ADB Practice Leader in Ag-riculture, Food Security and Rural Development Lourdes Adriano earlier said. For Briones, “... the goal of “self-sufficiency” should not be equated to zero im-ports. Rather the goal should be interpreted based on a broader set of criteria. For one, policy should target nutritional norms for rice consumption, rather than accommodation of consumer choices.” he explained.

“We are on the right track kaya lang ang sinabi naming our projection... after 2013 pa tayo,” Agriculture Secretary Proceso Alcala said. Philippine rice output for 2012 is estimated at 17.8 million metric tons (MMT). President Bengino Aquino III in his 2011 State of the Nation Address tackled the need for rice sufficiency. “Ang gusto nating mang-yari: Una, hindi na tayo aangkat ng hindi kailangan. Ikalawa, ayaw na nating umasa sa pag-angkat. Ang

isasaing ni Juan dela Cruz dito ipupunla, dito aanihin, dito bibilhin,” he said. A year later, the Presi-dent’s statement was em-bodied in the Department of Agriculture “Food Staples Sufficiency Program 2011-2016” released in June 2012. It aimed for rice self-sufficiency or zero importation starting 2013. With zero hour on hand, however, Alcala explained that the Philippines is “on-track” in attaining its goal, but not yet there. The Philip-

pines will still have to import rice as “buffer” stock, he said. This year, the Agricul-ture Department expects rice production at 20.04 MMT, which the government deems

sufficient enough to feed the entire nation – but still off the 21.12 million MT to 22.51 million MT threshold to achieve self-sufficiency. While the government is still in the process of evalu-

Agri insurance coverage hits P10.63Bamid the frequent typhoons, a PCIC senior official said. “Farmers are increasingly becoming aware of the im-portance of insuring their crops as typhoons continue to destroy farms,” PCIC Senior Vice-President Norman R. Cajucom said. PCIC said in a press state-ment that the number of ag-ricultural producers insured by the agency grew by 83.58% to 281,252 in the 11 months to November 2012 from 153,208 reported during the same period last year. A tota l of 48.88% or 134,662 of the farmers in-sured are engaged in rice and corn production, while 1,111 farmers insured are involved in high value crop production. As much as 12,947 of those insured are livestock raisers; while only 21 are engaged in fisheries.

The remaining 133,111 are composed of the term insur-ance package and non-crop insurance coverage of agricul-tural producers, farm workers, members of the agricultural fisheries council and staff of national government agencies and local government units (LGUs). The area of farms insured also increased by 34.15% to 187,619 hectares for the 11 months ending November 2012 from 139,854 hectares reported during the same period in 2011. According to the same statement, the reasons for the improved performance of PCIC include: the increase in the number of cooperatives and grass roots organizations that participated in the Land Bank of the Philippines (LBP) rice and corn production loans; and the implementa-

tion of compulsory insur-ance coverage for farmers participating in the LBP-Sikat Saka and the Department of Agriculture -- National Irri-gation Administration Third Cropping Rice Program. The PCIC also attributed its improved performance to the following: the fresh participation of the National Agribusiness Corp. in the corn insurance program in Region I; the continued PCIC engagement with LGUs; and the continued engagement of farmers’ cooperatives and rural banks. For the period of January to November 2012, the total value that the PCIC paid out to farmers fell by 28.71% to P195.64 million from P274.43 million reported during the same period last year. Consequently, the number of farmers paid by the PCIC

AGRICULTURE insurance coverage almost doubled as of November last year amid strong typhoons visiting the country, the Philippine Crop Insurance Corp. (PCIC) said. I n s u r a n c e c o v e r a g e reached P10.63 billion for the period January to Novem-

ber 2012, from P5.37 billion posted during the same period last year. INCREASED AWARE-NESS PCIC said agriculture insurance coverage is even expected to grow this year as farmers realize the im-portance of crop insurance

decreased by 25.83% to 27,269 farmers as of November 2012 from 36,767 farmers during the same 11-month period in 2011. PCIC’s underwriting profit increased by more than five times to P303.94 million for the 11 month ending Novem-ber 2012 from P49 million during the same period last year. “For 2013, the DA has given us P183.771 million for premium subsidy insurance for 98,828 palay and corn farmers while the Depart-ment of Agrarian Reform contributed P1 bil lion for 224,036 Agrarian Reform Beneficiaries,” Mr. Cajucom said. With these addit ional budgets, he said PCIC is ex-pecting the number of insured farmers will continue to grow in 2013.

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Supplier sa G-Melina nga kahoy para sa TARIMA

nga pididos-nakdawon.TAWAG LANG SA :

0923-574-6103Republic of the Philippines

REGIONAL TRIAL COURT MISAMIS ORIENTAL 10TH Judicial Region

Branch 18 Cagayan de Oro City

IN THE MATTER OF THE CANCELLATION OF SPEC. PROC. CASE NO. 2012-068 AND CORRECTION OF ENTRIES IN THE BIRTH CERTIFICATES OF MINORS HONEY PIE GASPAY ESTRADA, JENNIFER GASPAY ESTRADA AND JERILLE GASPAY ESTRADA, AURORA BATICA GASPAY and JERRY O. ESTRADA, Petitioners, VERSUS THE CIVIL REGISTRAR OF CAGAYAN DE ORO CITY,

Respondent x__________________________________x

O R D E R

The instant Amended Petition filed by the petitioners, Aurora Batica Gaspay and Jerry O. Estrada (hereafter petitioners), seeks the correction of the entries in the following:

From : To: The Date and Place of Marriage Parents in the Certificates of Live Birth of Honey Pie Gaspay Estrada, Jennifer Gaspay Estrada and Jerille Gaspay Estrada:

“ January 15, 1993,

Southern Leyte”

“None”

Date of Birth of Honey Pie Gaspay Estrada:

“October 17, 1997”

“October 27, 1997”

Mother’s Maiden Name in the Certificates of lo Live Birth of Honey Pie Gaspay Estrada and Jerille Gaspay Estrada:

“Rory Batica Gaspay”

“Aurora Batica Gaspay”

Finding the Petition to be sufficient in form and substance let the initial hearing of this case be set on March 27, 2013 at 8:30 in the morning before this Court let a copy of this ORDER be published at the expense of the petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City. Respondents Local Civil Registrar of Cagayan de Oro and the National Statistics Office and any person having or claiming any interest on the entry whose correction is sought may within fifteen (15) days from notice of this ORDER or from the last date of publication thereof. File their opposition/comments and appear at the scheduled hearing. Furnish copies of this ORDER, together with the Petition and its annexes, to the Office of the Local Civil Registrar of Cagayan de Oro, the Office of the Solicitor General and the National Statistics Office, Manila. SO ORDERED December 3, 2012 Cagayan de Oro City

Dennis Z. Alcantar Presiding Judge

BWM: Dec 24, 31 2012 & Jan 7, 2013

Villar’s Vista Land company to sell all treasury sharesTHE BOARD of property developer Vista Land & Lifescapes, Inc. has cleared the sale of all the company’s treasury shares to take advantage of perceived strong investor demand and in a bid to boost liquidity, the Villar-led firm said in a disclosure last week.

Exchange defines treasury shares as “shares of stock which were previously is-sued and fully paid, but subsequently reacquired by the issuing corporation by purchase, redemption, donation, or through some other lawful means.” Treasury shares are not considered outstanding, are non-voting and are not included in dividend issu-ances.

MORE TRADING Ricardo B. Tan, Jr., Vista Land chief financial officer and compliance officer, said in a text message yesterday that the planned sale would unlock more shares for pub-

lic trading, hence, beefing up the firm’s liquidity. “There was significant foreign demand for these blocks of shares, and the company wanted to add liquidity. With the treasury share sale, there will be more shares available for trading in the open market,” Mr. Tan explained when asked to elaborate. This was echoed by a market analyst. “Sel l ing means more shares that can be traded by investors, hence more liquidity. Why would they sell it? To profit,” Jose Mari B. Lacson, head of research at Campos Lanuza & Co.,

Inc., said in a separate text message. Vista Land, founded by Senator Manuel B. Villar, Jr., has so far delivered about 200,000 units to buyers since 1977, and claims to have a presence in over 50 cities and municipalities nationwide, according to the company’s Web site. The firm grew its net income by 23.76% to P3.23 billion as of September from P2.61 billion in the same nine months last year, thanks to robust sales of the firm’s f lagship, Camella Homes. In the same comparative periods, revenues expanded by 22.88% to P13.21 billion

from P10.75 billion, while cost and expenses acceler-ated by 25.13% to P9.81 billion from P7.84 billion. Vista Land operates through five business units, namely: Brit tany Corp.; Crown Asia; Camella Homes; Communities Philippines, Inc.; and Vista Residences, Inc. Last month, Vista Land said that it expected capital expenditures this year to exceed P18 billion, higher than the P15-billion budget it set last year, amid expecta-tions of robust demand for real estate to be driven by consumer sentiment upbeat on the economy’s prospects.

“On Jan. 3, the board of directors of Vista Land authorized the company to sell all of its existing treasury shares totaling 133.91 mil-lion shares to meet demand from investors and increase liquidity of the company’s shares of stock,” the disclo-sure read. Vista Land’s manage-ment team was tasked to determine the terms and conditions of the planned

share sale. “The board likewise au-thorized the implementation of all necessary corporate and other actions to proceed with the sale of the afore-mentioned treasury shares, and further authorized and empowered management to determine and decide on the price at which the treasury shares shall be sold,” the disclosure added. The Philippine Stock

Ayala to start development of Gatchalian propertiesSUBSIDIARIES of Ayala Land Inc this year will start developing the properties owned by Philippine Estates Corp (PHES) in Valenzuela

and Cavite. In a disclosure to the Phil-ippine Stock Exchange, the Gathchalian-led real estate firm said that as landowner,

PHES will be entitled to re-ceive payment as the property is planned and developed, which will hinge on market demand.

“The receipts/proceeds from the projects will be good cash inf low for use by the company for its op-erations, and the venture with experienced developer partners will give PHES the exposure in new project areas and methodologies, and are good complements to the company’s portfolio build-up,” the firm said. Last month, PHES entered into separate agreements with Ayala Land units Avida Land and Amaia Land to develop the Plastic City prop-erty in Valenzuela City and lots in Cavite, respectively. Situated within an area “with redevelopment po-tential suitable to address the needs of the city,” the Plastic City property will

host primarily residential projects. The agreement with Avida Land covers the initial de-velopment of 2.3 hectares out of the 17-hectare master plan, with the objective of improving the entire 60-hect-are property, Ayala Land president Antonino Aquino said in a previous interview. Aquino had said Avida Land will develop medium-rise structures in the prop-erty, which is envisioned to become a mixed-use complex that will house not just resi-dential, but office and retail establishments as well. The Cavite property is located in an area “that has long been regarded as a vi-brant residential community at the affordable market

segment.” “Both Amaia and Avida were chosen because these developers share the same development vision for the planned community, and because they are well capable of carrying out the township developments,” said PHES. “The agreements will allow seasoned developers to unlock the full potential of the company’s properties which have been land-banked for the right development opportunity,” the company said. Incorporated in 1983 as Philippine Cocoa Estates Corp, PHES changed its main purpose from agriculture to real estate in 1996 after the Wellex group gained majority control of the company.

Bayad Center-LBC tie-up providesbills payment, forwarding services

THE operator of the Bayad Center chain of bills pay-ment outlets and LBC Ex-press Inc have partnered to allow customers of either company to tap the other’s network. Through the partner-ship, LBC customers can claim cargo and money sent to them in the 1,700 Bayad Center outlets nationwide. In turn, payments for Bayad Center’s 160 client-institu-tions can be made at LBC’s more than 1,000 branches. “In Metro Manila alone, both LBC and Bayad Cen-ter each have over 50 0 branches. The agreement ef fectively doubles their presence and reach in the country’s capital,” the two companies said in a joint statement. “For now, our shared goal is to significantly grow the volume of our bills pay-ment businesses by tapping into each other’s network across the country. The future is promising for both companies, especially as we extend our reach further with our own branches and partnerships. With LBC’s network and experience in

cargo and courier services, as well as its business solu-tions, combined with Bayad Center’s presence, we are exploring other avenues that benefit not only our companies, but a lso our customers,” said Manuel Lorenzo Tuason, CIS Bayad Center president and chief executive. “LBC Express and Bayad Center are both pioneers in our respective business-es—courier and cargo, and bills payment. The partner-ship leverages our primary strengths: our combined 70-plus years’ experience in our specific industries, our shared vision to be the preferred service provider of our customers, and our ever-expanding network. This is just a first step in providing more services that Filipinos need to make their daily lives more con-venient.” LBC Express presi-dent Fernando G. Araneta said. CIS Bayad Center is a Meralco subsidiary. Manuel V. Pangilinan chairs Manila Electric Co and TV5, of which InterAksyon.com is the online news portal.

11Monday-Tuesday I Jan. 7-8, 2013BusinessWeek www.businessweekmindanao.com

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NBI...from page 1

Inflation...from page 1

enough to sustain the Phil-ippines’ economic growth, which in the first 9 months of 2012 averaged 6.5 percent. Last year, the BSP re-duced its policy rates by a combined 100 basis points, bringing the overnight bor-rowing and lending rates to record lows of 3.5 percent and 5.5 percent, respectively. (PNA)

Earlier, the foundation Managing Director, Cyn-thia Villar, denied that the foundation is sponsoring an ongoing raff le promo. One text message, com-ing from a certain Rodel Enriquez states: “Congratu-lations, your SIM no. won P580,000 from the Villar Foundat ion for its 20th

a resiliency of spirit very much ref lective of its small city roots, Bombo Radyo Philippines personnel under the able leadership of media mogul and business guru Dr. Rogelio M. Florete, has remained the top choice for advertisers and politi-cians alike who aspire to bring their product and their advocacies into the consciousness of people from all walks of life. A stickler for thorough planning, correct imple-

Bombo...from page 1

PINES…FOR THE WORLD, the Top Level Management Conference will discuss the Network ’s best practices distilled through years of application in various set-t ings as wel l as creative innovations that helps it to be continually relevant to the lives of its listeners in the digital age. Founded through hard work and honed through

mentat ions and encom-passing fol low t hrough for ef fective results, Dr. Florete’s hands-on brand of leadersh ip has been passed on and mentored to his children, Executive Vice-President Rogelio C. Florete, Jr and Senior Vice-President Margaret Ruth C. Florete and in turn to the Network’s officers and rank and file. With the Philippines in the cusp of an economic breakthrough and every-

one looking forward to an interesting 2013 with its mid - term elections, the Network has embarked on a 100 million equipment and logistics upgrade that will enable it to be of better service for its listeners. Bombo Radyo Philip-pines is indeed Made in the Philippines…for the World, as the Pambansang Radyo ng Pi l ipinas has taken into consideration the Filipino wherever he might be in this country or in the

world. With Bombo Radyo Philippines, the heartbeat of the Pinoy pulsates, in its totality while the innova-tion of the Network makes a world class product worthy of the numerous awards it has been cited for. So be it news, information and en-tertainment, Bombo Radyo leads the way, crystallizing public opinion and helping in nation building. Its brand of corporate social respon-sibility that reaches out to the poorest of the poor has

also enabled the Filipino wherever he might be help to his needy “kababayan” by sharing his blessings. The Networks numerous pro-mos has not just launched unknown products to the consciousness of the con-sumers but helped those who are in need get a glim-mer of hope to improve and better their lives. Indeed the Philippines’ radio listeners’ march to the cadence of a common drum… Basta Radyo…Bombo!

this,” he added. Villar, also the Naciona-lista Party president, said this scam discredits the foundation that have been in the forefront of programs to benefit the marginalized sectors of society.

anniversary, per DTI-NCR permit no. 0328 Ser ies 2012.” “The scammers even included in the message a DTI permit number and the name of a person, who is misrepresenting himself as my secretary, to make it appear legitimate. However, we would like to inform

the public that the Villar foundation has no ongoing raff le promos or contests,” said Cynthia Villar. Another version of the text says there is a Pamas-kong Handog by the Villar Foundation. She also urged all those who will receive the bogus text message to immediately

report to their office, con-tact details of which can be found on its website http://www.villarfoundation.org/. “The only thing true or factual about the text scam is that Villar Foundation is celebrating its 20th year an-niversary,” said the former Las Piñas Representative, who added that this is not

the first time that text scams were circulated to malign the Villar name. In 2010, text messages claiming to be from Sen-ator Manny Vi l lar’s a l-leged housing foundation ‘Handog-Pabahay sa OFW’ and promising cash rewards for overseas Filipino work-ers (OFWs), also circulated.

increases in the index heavy-weight food and beverage group. On Thursday, BSP Gov-ernor Amando M. Tetangco Jr. said there was no need to bring down further the central bank’s policy rates. He said current rates are

tion from the submission of documents such as income tax returns and financial statements when availing of a loan. This exemption, which will continue through De-cember 31, 2014, will ensure that microentrepreneurs and SMEs continue to be able to access financial services through simple documenta-tion. Note: My book “Cen-tral Banking for Every Juan and Maria” is now available at Fully Booked, Bonifacio Global City. Please call 858 7000, 858 7004 or 858 7036 to reserve your copy.

Bunye...from page 6

time via stopwatches is purely artificial. The observance of anniversaries – be these secu-lar in nature or religious in significance – is but the fruit of human initiative. The word “again” is irrelevant to time. But provided the truth is ac-cepted or reality is acknowl-edge, “HAPPY NEW YEAR!”

Cruz...from page 6

Cimagala...from page 6

Church leaders, I think, should tack le this chal-lenge squarely, educating the main agents of formation adequately. The clergy, the religious persons, the cat-echists and other lay faith-ful actively working in the Church, should have some basic grounding on bioethics. This is not going to be

confusing atmosphere we are getting into, and especially now that our government has sadly enacted into law a Reproductive Health Act, we have to be more conver-sant with the intricacies of bioethics.

an easy task. We have to go over a formidable learning curve. But if we persist, if we continue to move on in spite of the difficulties, mistakes and failures that can come our way, time will come when bioethics can become a clear science that is appreciated by everyone. In life, we need to dream

even if at the moment such dream would seem impos-sible. Saints have proven that dreams, with God’s grace and our all-out effort, can come true. In fact, they have shown that their dreams oftentimes have fallen short of the reality that came later. Let’s face the challenge of bioethics boldly!

lier rules through the issu-ance of BSP Circular 748 has allowed banks to better attune product design to the peculiarities and cycles of various types of crops. Product innovations in micro-agri shall now be ap-proved for as long as the banks demonstrate that they have the appropriate risk management systems in place. The BSP has likewise issued Circular 746, which allows microfinance clients to continue to enjoy exemp-

realities. Though sad, it is true among other things. The repetitions made by clocks, signified by days of the week and mentioned by calendars are but man-made inventions. The holding of

hired by King Odysseus to take charge of his son Telemachus. Goddess of wisdom Athena then came into the picture when she visited Telemachus in disguise of Mentor for her practical plans. Eventually, be-cause of Mentor’s relationship to Telemachus and Athena’s encouragement to him; Mentor has been adopted in English as a term referring to someone who imparts wisdom and shares knowledge to a less experienced one. The mythology itself is a useful basis nowadays as to how mentoring should be. The story

MENTORING:

“Assisting and assessing one’s performance for him to become the person he wants to be”

By OMAR HUSSIEN

THE Greeks have been invad-ing all aspects of human life. Proofs of it are various con-temporary words and terms named after Greek characters, history, and civilization. Men-toring as a noble endeavor came from the Greek myth character Mentor. He was

gives us the idea that mentor-ing – as early as the ancient times of Greece – involves relationship, encouragement, imparting wisdom, and shar-ing knowledge. In our class in Management of Instructional Supervision on 25 August 2012, Dr. Olga C. Alonsabe – being one of the noble mentors in Capitol University – had her lecture on mentoring not in its compliance purpose as men-toring nowadays is embedded in the National Competency – Based Teachers Standards

(NCBTS) and the Competency Based – Performance Ap-praisal System for Teachers (CB–PAST), but mentoring as one of the essentials of good instructional leadership. With the learning I had, I now realize that mentoring is as noble as teaching. After all, the two are synonymous in some sense – as mentoring is teaching and teaching is mentoring. As a Ph.D. student of Educational Management, I believe mentoring is truly

a journey of both parties concerned – the mentor and the mentee. Collaboration has now become a virtue in mentoring as the mentor and the mentee build a relationship of sharing where both of them develop in the process. One may ask, “In a sea of fishes where nobody takes the lead in mentoring, what then is likely to happen?” The answer is simple as the saying goes “In an island of the blind, one eye is the king”. Insights about mentoring

like the classical thought of John Wesley and the con-temporary notion of Stephen Covey are truly of great use for mentors in this generation. The ideal qualities of a good mentor may be as heavenly like stars up above but at least those qualities serve as gabay as we pursue to actual mentoring in the real world. Mentoring must be open to new ideas as the main purpose of education is to replace an empty mind with an open one.

The gift-giving event done at Palalan Elementary School.(Right Photo of Mrs. Elena M. Bor-cillo Schools Division Superintendent of Cagayan de Oro City) (Left Photo of Dr. Reynaldo E. Manuel Assistant Schools Division Superintendent together with Mr. Loreto Llaban, Dr. Maria Virgita Alingig, and Mrs. Edna L. Maghinay)

less fortunate pupils here in Palalan Elementary School. The program was supported by Mrs. Edna L. Maghinay (Admin. Offficer),Mr. Arnel A. Calubag (Acc. Sec),Mr. Rodulfo Jun Bayeta (Plan-ning Sec.), and Dr. Baldomero Mark Meso III (Medical and Dental).The activity was coordinated with Dr. Mary Ann Allera (Monitoring Supervisor-East II District of CdeO) and Dr. Maria Virgita E. Alingig

(District Supervisor-East II District of CdeO). With the Faculty and Staff of Palalan Elementary School repre-sented by Mr. Loreto C. Llaban (School Head of Palalan E.S.)The program was successfully launched with the support of Honorable Romeo Bac-caro (Bgry. Captain of Tablon Cagayan de Oro City) LGU of Cagayan the Oro City. The highlight of this event was the turn-over of the gifts to our dearest pupils of Palalan

Elementary School. Everybody was delighted upon receiving its gifts coming from our Santa Claus. The overwhelming joy and smiles of elementary pupils pays-off the long and hard uphill travel at Palalan Elementary School. More Power and Blessings to all who supported this program especially to Mrs. Elena M. Borcillo (Schools Division Superintendent of Cagayan de Oro City Philippines Re-gion X).

Division Gender and Development Advocacy, Team Building Activity and Gift Giving

December 19, 2012, 9:00 A.M – 2:00 P.MBy ERIk P. VALCORzA

A thirty to forty five minute drive from Cagayan de Oro City proper to an uphill loca-tion of Palalan Elementary School-East II District, Divi-sion of Cagayan de Oro, a sitio of Barangay Tablon Cagayan de Oro City where the Divi-sion Gender and Development Advocacy, Team Building Activity and Gift Giving took its place. The programmed was pioneered by the Schools Division Superintendent Mrs. Elena M. Borcillo, CESO VI of the Division of Cagayan de Oro.Instead of having an exclusive Schools Divisions party Mrs. Borcillo (Schools Division Superintendent CESO VI of CdeO), together with Dr. Rey-naldo E. Manuel (Assistant Schools Div. Superintendent) decided to throw off the party and launched its Division Gen-der Advocacy, Team Building Activity and Gift Giving to the