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Traveling Exhibit,World War II Lecture Make Its Way to Kidapawan CityKIDAPAWAN CITY – The multi-awarded War of Our Fathers Traveling Exhibit of Philip-pine Veterans Bank will be ending its tour of Mindanao this year with a stay in Kidapawan City in the province of North Cotabato. Fresh from Koronadal where it was on display last month, the well-traveled exhibit dedicated to the memory of Filipino World War II heroes has been touring the country since 2006 in its continuing mission to impart the lessons of World War II to the younger generation. It features numerous World War II photo-graphs, maps, artifacts, and memorabilia that pay tribute to the bravery, patriotism, and determination of Filipinos – men and women – who fought and died for our country’s freedom during the war. It aims to share to the public, especially the youth, a bit of what life was like during World War II and what our Filipino veterans had done to fight for the Philippines’ sovereignty. The exhibit also aims to teach today’s generation the value of freedom so that they may have a better appreciation of our nation’s history. The Traveling Exhibit has toured over 40 cities and municipalities all over the country and has displayed in schools, malls, museums, provincial and city halls. In 2009, the exhibit was invited to China and displayed at the Nanjing War Memorial Museum in Nanjing City. The exhibit has received the recognition of several award-giving bodies including the Anvil Awards, Gold Quill Awards, and the PANATA Awards. Mounted by Philippine Veterans Bank in partnership with the Provincial Government

Veterans Bank’s new look in Cagayan de Oro

Veterans Bank inaugurates renovated Cag. de Oro Branch

Editorial: 088-856-3344 • Advertising: 0917-7121424 P10.00Issue No. 20, Volume III • October 28-30, 2011

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Aiming to re-energize its presence in the Mind-anao region, Philippine Veterans Bank (PVB) is delighted to announce the inauguration of its newly-renovated Cagayan de Oro branch today. PVB-Cagayan de Oro, located at the corner of Tiano and Abejuela Streets, continues to en-joy brisk business from private and government clients with its wide array of banking products and services including depos-its, loans, time deposits, and cash management services. It has partnered with companies in the province to provide payroll services, with its all-in-one ATM and timekeeping kiosk. More importantly, PVB-CDO continues to be of service to Filipino World War II veterans in the city and in the province of Misamis Oriental who rely on the bank to help manage their finances. Throughout its years

of service, PVB-CDO has endured wear and tear and the task of reno-vating PVB-CDO a few months ago was under-taken to uplift not only the branch’s aesthetics but its professional image as well. The result is a classy yet professional-looking environment that features utilitarian amenities but remains true to its roots as a bank for heroes, not only of World War II but also for today’s Filipino heroes. The branch’s coun-ters and work stations were revamped to allow more space for comfort not only of the working employees but for their clients as well. With the recent facelift, PVB-CDO has made itself more accessible, conveni-ent and comfortable to its clients in the province. The bank believes that its endeavors to uplift the image of its branch will translate to more business being generated especially

now that Veterans Bank offers innovative products and services like its multi-rewarding long-term time deposit variants as well as current and savings account options. Local and international inves-tors in the city and in the whole province of Misamis Oriental stand to benefit from these products that would help boost their businesses’ profitability. Moreover, the recent renovation spells comfort to the hundreds of Filipino World War II veterans and their heirs who visit the branch every month for their pensions and other financial services needs. PVB President and CEO Ricardo A. Balbido Jr. will lead PVB offic-ers in welcoming special guests during PVB-CDO’s inauguration along with VP and Branch Central Services Head Alfredo B. Santiago, AVP and Branch Expansion Head Jose Fran-cisco C. Ramos, AVP and

Mindanao Area Head Ma-rie Jean J. Carranceja, and PVB-CDO Branch Head Lino U. Gacus. The branch’s special guests for the event included Cagayan de Oro Mayor Vicente Y. Emano, and Dr. Cherry Mae L. Lim-baco, Schools Division Superintendent of Dep-Ed Misamis Oriental. Also expected to at-tend are members of the Veterans Federation of the Philippines Cagayan de Oro district. Philippine Veterans Bank now has a total branch network of 60 na-tionwide and has enjoyed considerable growth and success in recent years. It hopes to open more branches in the future especially in high-growth areas and places where they can be of further service to World War II veterans. As part of its charter, the bank allocates 20% of its income for the benefit of its stakeholders.

SPECIAL FRONT PAGE

Ricardo A. Balbido, Jr. -- President and CEO of Philippine Veterans Bank

Traveling exhibiT/Page 16(Articles by R. RAGADAN • Edited by ALLAN M. MEDIANTE)

BusinessWeekmindanao

October 28-30, 20112PVB Readies Next Installment of World War II True Stories Writing Contest

WW2 True Stories Winners:CDO's very own Cristella Gabiana (4th from right) from St. Mary's School bags 3rd place in this year's World War II True Stories Writing Contest. She and other winners are flanked by Veterans Bank's President Ricardo Balbido (rightmost) and Philippine Daily Inquirer's Chelo Banal-Formoso (leftmost), Editor-in-Chief of PDI's Learning Section.

THERE are still thousands of stories out there

waiting to be recorded. Thousands of narra-tives of little known or never heard events dur-ing the second World War in the Philippines that merit being writ-ten down as part of history. To compile and re-cord these stories is the mission of Philippine Veterans Bank’s World War II True Stories Writing Contest which will be on its fourth year come 2012. Done in partner-ship with the Philip-pine Daily Inquirer, WW2 True Stories is a narrative writing con-test for high school students aiming to recover and preserve stories and anecdotes of Filipinos who lived through World War II and survived it to nar-rate their experiences. Students joining the contest are required to personally interview and do research on a Filipino veteran or sur-vivor of World War II

and document these first-hand accounts via a narrative or essay. These essays are then submitted along with proofs of authenticity such as taped record-ings of the interview, photos, or videos. Since its inception in 2009, the writing contest has generated much interest in local World War II history among students and the academe alike as history books in Philip-pine schools normally portray the war with focus on Americans or Japanese. Through the contest, there is much information emerging that Filipinos, especial-ly the fighting Filipino guerillas, played a ma-jor role in the liberation of the Philippines from Japanese invaders. Winners for the 2011 Tr ue Stor ies C o n t e s t i n c l u d e d Cagayan de Oro’s very own Cristella Gabiana from St. Mary’s School whose story of an un-likely love blossoming amidst the background of a cruel World War

II emerged as third best story. For her win, Cristella took home a desktop computer with printer, and a PVB savings account worth P5,000 pesos. Next year, the writ-ing contest promises to

be even bigger as Vet-erans Bank and PDI are hoping to extend the reach of the contest even further through their partnership with the Department of Ed-ucation. Exciting priz-es will await students

whose entries about true accounts of the war will enchant the select panel of judges. Veterans Bank and PDI will be releasing details about the 2012 World War II True Writing Contest by

January 2012 through their respective web-sites, www.veterans-b a n k . c o m . p h a n d www.inquirer.net, the print edition of PDI, and through Veterans Bank branches nation-wide.

P15.00Issue No. 20, Volume III • October 28-30, 2011

High impact projectsPRESIDENT Benigno S. Aquino III has approved the Disburse-ment Acceleration Plan (DAP) for around 22 programs and projects of the government worth P72.11-billion. This was announced by Department of Budget and Management (DBM) Director Rolando Toledo, during the recent Philippine Economic Briefing (PEB) Domestic Road Show held in the city initi-ated by the Bangko Sentral ng Pilipinas (BSP). “Implementation of these high impact projects will be undertaken in order to push economic growth in light of the global slowdown and the onslaught of recent calami-ties,” Toledo said.

Land Bank loanTHE Land Bank of the Phil-ippines (LBP) reported that its outstanding loans issued to priority sectors in Davao Region has reached to around P8.087 billion as of the third quarter this year. LBP vice-president and regional head Camilo Leyba said that the biggest chunk of the remaining loans amount-ing to P4.818 billion came from the local government units. Various cooperatives, an-other priority sector, have avai led of the LBP loan windows that amounted to P895.26 million, Leyba said.

Market Indicators

US$1 = P43.289 4,267.50 points

XX

FOREX PHISIXAS of 5:12 P.M., oCT. 27, 2011 (Wednesday)

0.087 cents

42.74points

Briefly

www.businessweekmindanao.com M I N D A N A OBusinessWeek

YOUR LOCAL ONLINE BUSINESS PAPER nOW OPenMarket City, Agora

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

New wave of outages to cost M’danao P62b

By MIKE BAÑOSCorrespondent

Red Alerts following the reduction of the Mindanao Grid’s ‘contingency reserves’ to zero, reduction in gen-eration due to preventive maintenance on two units of its largest generating plants and imminent overloading of transmission lines. In August alone, the NGCP issued five Yellow and one Red Alerts. “We fear a repeat of this

THE specter of another long, hot sum-mer without electricity has again risen with the National Grid Corporation of

the Philippines [NGCP] intermittent curtail-ment of power supply in Mindanao even in the middle of the rainy season. Stakeholders in the power industry in Northern Mindanao fear economic losses from a repeat of the 2010 Mindanao Power Crisis in 2012 could cost the island’s economy even more than what it did in the previous episode. Even now with normal water levels for Lake Lanao and the Pulangi River feed-ing the island’s hydroelectric

power plants due to the ongoing episode of La Niña, the NGCP has already is-sued repeated Yellow and

STILL MINDANAO’S STRONGEST REGION. Region 10 Neda Director Leon M. Dacanay, Jr. pres-ents the rosy picture of Northern Mindanao’s economic performance as the region contributed 28 percent of Mindanao’s annual gross domestic products (GDP). PhOTO BY ROLANDO SUDARIA

Normin remains Mindanao’s economic stronghold: Neda

By NELSON V. CONSTANTINO, Editor-in-Chiefand PELETA B. ABEJO, Contributor

NORTHERN Mindanao (Region 10) remains the stronghold of Mindanao’s economy contributing about

28 percent of the island’s an-nual gross domestic product (GDP). National Economic and

Development Authority (Neda) Regional Director Leon M. Dacanay, Jr. attrib-uted the region’s economic performance to its strong agriculture output which

PESO creates 800,000 jobsBy ALLAN M. MEDIANTE

Executive Editor

NEARLY 800,000 applicants nationwide were placed in jobs through the Public

Employment Service Offices (PESOs) from January to September of this year. According to the Department of Labor and Employment (DOLE), a

Coal power project gets zonal approvalABOITIZPOWER and its subsidiary Therma South Inc. moved another step closer to starting construc-tion of its 300-MW circulat-ing fluidized-bed coal-fired power plant, after obtaining an overwhelming approval from the Davao City Council on the project’s application for zonal reclassification. Earlier this year, the city council approved a resolution approving the company’s application to

build the power plant in the city. Therma South also received favourable endorse-ments and zonal exemptions from the municipality of Sta. Cruz in Davao del Sur. The project received its Environmental Compliance Certificate last month. All of the 21 councilors present during the regular session voted in favour of the recommendation by the sub-committee com-

wave/Page 11

coal/Page 11

normin/Page 11

Peso/Page 9

4 BusinessWeekmindanaoOctober 28-30, 2011 Economy

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MALAYBALAY City – The Bureau of Internal Revenue has enough tax laws already but there’s a need for its intensified implementa-tion, a tax revenue officer here said. RDO-99 Asst. Revenue Officer Mama B. Sanggacala said that BIR-Bukidnon is now monitoring profes-sionals who are not paying their tax obligations to the government.

Bukidnon to intensify tax collection efforts The assistant revenue officer said many profes-sionals like doctors, lawyers and engineers who are in private practices were not issuing receipts thus avoid-ing tax payments. “That’s what we are doing now, the internal revenue office currently monitors these people so that we could go after those who were not giving receipts on payments of services provided to their clients,” Sanggacala emphasized. He however said that

Bukidnon constituents are well-informed of their tax obligations. BIR-Bukidnon exceeded its collection target goal for the month of September.Despite the national rev-enue office’s failure to meet its September target goal, Bukidnon’s Revenue District 99 surpassed its collection goal by 14.49%. The local revenue of-fice has collected P62, 646, 900. 65, exceeding its Sep-tember goal of P54, 717, 000.00. Compared to last

year’s performance, BIR-99’s collection posted a 17.17% increase for the month of September. The bureau also col-lected its cumulative col-lection of P599,395,233.93 against its cumulative goal of P586,091,000.00 post-ing 2.27% increase as of September 2011. Massive tax awareness campaigns have been initi-ated by the BIR-Bukidnon and it helped a lot in get-ting revenues necessary for the government said

Mr. Luna D. Pundamudag, revenue district 99 chief of staff. BIR-Bukidnon upon as-sumption of its new revenue district officer Ms. Myrna L. Bernardo last Febru-ary formulated an annual tax campaign and public dialogue plans which was implemented with the local government units and the tax agents in the province. The local government units’ accountants and treasurers as well as the barangay chairmen and its

treasurers through semi-nars were updated on rev-enue collection procedures. The revenue office also did monthly briefings on BIR requirements for new busi-ness taxpayers. On Oct. 20, the bureau conducted a public hear-ing on the proposed zonal values of real properties in the jurisdiction of the province of Bukidnon. Lo-cal government officials, land owners taxpayers were updated on the new zonal valuation imposed by BIR to which most of the attend-ing participants moved for approval. ARDO Mama B. Sang-gacala said that though their collection is above than expected, still it can-not suffice for the national revenue office’s collection deficit. The BIR missed its collection goal of P67.04-billion gathering only an accumulated P66.55 billion for September. “We already got so many tax laws, there’s no need to come up with new tax measures,” the assistant revenue chief said adding, “all we need to do is just fully implement them and make amendments to some that needs to be amended to reach our target goals.” Mr. Sanggacala was in-terviewed in behalf of BIR-Bukidnon RDO Myrna L. Bernardo who was on leave for medical reason.

By ANN NOBLEBukidnon Bureau Chief

5BusinessWeekmindanao

October 28-30, 2011Companies

FOR IMMEDIATE HIRING

MANAGEMENT TRAINEES

Qualifications: - preferably an HONORS graduate, of any four-year course in a reputable college or university; or a consistent dean’s lister. - at least 22 years old. - Willing to travel. - Willing to be assigned anywhere in the Philippines. - Of good moral character Qualified applicants may submit their resumes with 2x2 I.D. picture to: The Senior Vice President - MCD Pryce Corporation 1st Lower Level, Pryce Plaza Carmen, Cagayan de Oro City

PRYCE GROUP OF COMPANIES PRYCE GROUP OF COMPANIES

Network interconnection expected to boost ICT development in ZamboTHE successful activation of local interconnection services between Globe Telecom and Philippine Long Distance Telephone Co. (PLDT) in Zamboanga is expected to boost the growing information and communications technology (ICT) industry in the city, specifically for the business process outsourcing (BPO) sector. After five years of ne-gotiation, the two major telecom players have com-pleted their network link-up in the city, following the announcement of National Telecommunications Com-mission (NTC) Commis-sioner Gamaliel Cordoba that the regulatory body expects the immediate implementation of local interconnection services between Globe and PLDT to provide subscribers and business establishments with quality and more af-fordable telecommunication services. This year, the NTC paved the way to complete inter-connection between Globe and PLDT in Pampanga, Bulacan, and Zamboanga, with four more areas up for full activation before the year ends. With the completion of local inter-connection, residents and

business establishments, regardless of subscription, can enjoy calling each other without having to pay long distance charges or being charged with toll rates. “Zamboanga is touted to become one of Mindanao’s biggest economic hubs with its robust ICT infrastruc-ture. After launching our Worldwide Interoperabil-ity for Microwave Access (WiMax) network in 2009 comes the successful rollout of an interconnected Globe and PLDT network. This is very timely for the city with its vision to provide and attract more business opportunities that will spur continued growth,” said Froilan M. Castelo, Head for Corporate and Legal Services Group of Globe. “We are happy to have been part of this milestone for the people of Zamboan-ga. Rest assured that Globe will always be at forefront of public service and will continue to work closely with NTC and the local government units to fast track implementation of interconnection services in more areas nationwide,” Castelo said. Zamboanga City Mayor Celso Lobregat welcomed the interconnection services saying it would help usher development in the city.

Mindanao Passage hotline:CAGAYAN (088) 856-9114/856-3702/854-7000 ILIGAN (063) 221-9914/223-3275

OZAMIZ (088) 521-0768/521-0789 DIPOLOG (065) 908-8341/212-2789 BUTUAN (085) 342-8529 SURIGAO (086) 826-8508

DAVAO (082)234-5824 GENSAN (083) 553-5974 COTABATO (064) 421-4175 ZAMBOANGA (062) 992-6114

PldT/Page 7

Editor: Nelson Constantino

6 BusinessWeekmindanaoOctober 28-30, 2011 Companies

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Republic of the Philippines Office of the President HOUSING AND LAND USE REGULATORY BOARD Northern Mindanao Region 3/F Dupoint Building, Velez Street, Cagayan de Oro City Telephones: (08822) 721-466 & (088) 856-5088; email address: www.hlurb.gov.ph

NOTICE

Notice is hereby given that H. Ad DEVELOPERS CORPORATION, with office address at No. 54 T. Chaves Street, Cagayan de Oro City and represented by its President, Ms. MARJORIE G. HERNANDO, has filed with the Housing and Land Use Regulatory Board, a sworn registration statement for the sale of memorial park plots located within PARKE DE SAN JOSE MEMORIAL PARK, situated at Sitio Vencer, Cogon, Balingasag, Misamis Oriental, and covered by Transfer Certificate of Title T-30347 containing a total area of Fourteen Thousand Nine Hundred Ninety (14,990) square meters; that the registration statement and all papers attached thereto are available for inspection during business hours by any person having legal interest thereon and upon proper application; and that copies thereof shall be furnished to such person upon payment of the proper fees.

Any person with valid objection to the registration of the project may file his/her objection in writing with the Housing and Land Use Regulatory Board-Northern Mindanao Region, Velez Street, Cagayan de Oro City, with telephone numbers (08822) 721-466 and (088) 856-5088, within ten (10) days from the date of publication.Cagayan de Oro City, Philippines, 21 October 2011.

By Authority of the Board:

(Sgd.) CHARITO A. RAAGASOfficer-in-Charge

BWM Oct 28 & Nov. 4, 2011

PHILIPPINE Long Distance Telephone Co. (PLDT) on Wednesday completed its delayed takeover of rival Digital Telecommunications Philippines, Inc. (Digitel), saying regulators had ap-

PLDT finally acquires majority stakes of Digitelproved the transaction. The National Telecom-munications Commission (NTC) confirmed that it had greenlighted the P69.2-billion deal -- announced early this year and originally

scheduled for completion in June -- but also put in place several conditions that in-cluded the dominant telco’s divestment of some of its frequencies. PLDT said it had accepted the NTC’s requirements, while second-ranked Globe Telecom, Inc. -- which had questioned the purchase and claimed that it would lead to a return to a monopoly -- said it was satisfied that regula-tors had moved to protect consumers and promote fair competition. PLDT’s acquisition of JG Summit Holdings, Inc.’s 51.55% stake in Digitel will give the dominant telco some 70% of the domestic mobile market, leaving Globe about 30%. PLDT said it would soon announce a tender offer for the rest of Digitel. Shortly after PLDT’s an-nouncement, 3.277 billion

shares of Digitel changed hands via a cross sale in the stock market at P1.6033 per share. In exchange for the Digitel stake, JG Summit will get 12.9% of PLDT, comprising 27.7 million common shares at P2,500 apiece. PLDT also acquired the zero-coupon convertible bonds issued by Digitel to its parent and assumed P34.1 billion in advances made by JG Summit to Digitel. “After due evaluation of the various factors and is-sues involved, it has granted the application for approval of the sale and transfer to the PLDT of initially ap-proximately 51.55% equity in Digitel,” NTC commissioner Gamaliel A. Cordoba said in a press conference. The NTC decision came a day before a 90-day review period was to expire. The

protracted regulatory ap-proval period had prompted PLDT and JG Summit to thrice suspend the deal ’s planned completion. The regulator said PLDT would have to continue Digi-tel’s unlimited text and call services. “Regarding the un-limited services, we want it to be permanent, continuous and we want a nationwide-reach [for these services],” Mr. Cordoba said, adding that Digitel’s mobile service should be kept separate. PLDT was also required to divest 10 megahertz of 3G frequencies held by Connec-tivity Unlimited Resource Enterprises, Inc. (CURE), a unit of subsidiary Smart C om mu n ic at ions , I nc . CURE’s frequencies will be auctioned off and PLDT will not be allowed to bid, Mr. Cordoba said. “Another condition re-quires PLDT and Digitel to continue providing high quality service to their re-spective subscribers,” he said. “With their combined expertise and resources, it is expected that PLDT and Digitel will attain improved capability in providing better quality and more afford-able services to their fixed line, mobile, wireless and broadband subscribers,” he continued. “We would like to assure the general public that the PLDT-Digitel transaction will not result in a monopoly and bring about unhealthy business competition that

will be detrimental to the interests of millions of tele-com users and subscribers.” In support of this, Mr. Cordoba said the NTC had ordered the lowering of in-terconnection charges for text messages. The new rate, according the Memorandum Circular 02-10-2011, is P0.15 per text message from P0.35. Complete landline inter-connection between PLDT and Globe in provinces will also be pursued, he said. Mr. Cordoba said the regulator was working on guidelines for local IP peer-ing and would be conduct-ing quarterly monitoring of telco providers’ quality of services, enforce rules on minimum Internet speed, and promulgate rules for “significant market power.” “We believe these provi-sions are enough for con-sumer protection. There are also pending memorandum circulars such as lowering of interconnection for voice services and for landline services,” he said. In a disclosure, PLDT said it and Digitel had “mani-fested their acceptance of the conditions contained in the decision”. In a separate statement, the telco said it would conduct a mandatory tender offer for the remain-ing 48.45% of Digitel on a date yet to be announced. If the offer is fully taken up, the transaction value will increase to P74.1 billion. Asked to comment on

7BusinessWeekmindanao

October 28-30, 2011

BusinessWeek

EXTRA JUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF

A PORTION OF A PARCEL OF LAND

NOTICE is hereby given that the intestate estate of the late LOLITO BALINTON SR. who died on September 5, 1996 and ERLINDA MONTES BALINTON, who died on October 19, 1998 at Talacogon, Agusan Del Sur, left parcels of Land under the Tax Declaration of Real Property TD/ARP No. 06-12-0001-00182CAD-1118-D LOT No. 1-A in the name of BALINTON, LOLITO (HRS. OF). Situated in San Agustin, Talacogon, Agusan del Sur, with a total area of 4,538 SQUARE METERS MORE OR LESS, are under EXTRA JUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF A PORTION OF A PARCEL OF LAND in favor to EMERITO M. BALINTON, LOLITO BALINTON JR., ANABELE M. BALINTON, MARGARITO M. BALINTON, JONDE M. BALINTON, ALMA M. BALINTON and VILMA BALINTON are the surviving and legitimate children, compulsory and sole heirs of the late LOLITO BALINTON SR. and ERLINDA MONTES BALINTON, under Notary of Atty. Germiniano A. Demecillo Jr. as per Doc. No. 180, Page No. 18, Book No. XXV, Series of 2011.

BWM October 21, 28 & Nov. 4, 2011

CAGAYAN DE ORO MAiN BRANCh

P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts.,

Tel. # (08822) 727-829 * Telefax # (088) 856-1947

CAMiGUiN BRANCh B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491

CORRALES BRANCh Corrales Ave., Cagayan de Oro City

DiViSORiA BRANCh Atty. Erasmo B. Damasing Bldg., #61 Don A.

Velez St., Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCh Lapasan Hi-way, Cagayan de Oro City

Tel. # (088) 231-6739a

Rep. Rufus B. Rodriguez of the 2nd District of Cagayan de Oro City defends house Bill 3852, An Act Regulating the Practice of Criminology Profession in the Philippines, and house Bill 3389, An Act Regulating the Practice of Pharmacy in the Philippines, during a committe hearing at the house of Representatives.. Both bills were subse-quently approved by the same Committee. The Criminol-ogy Bill was being pushed by Dr. Manny Jaudian, Dean of Criminology of Cagayan de Oro College. Abante Mindanao Rep Maximo Rodriguez co-authored both bills.

TWO House committees have jointly approved a consolidated bill seeking to provide incentives for the manufacture, assembly and conversion of electric, hybrid and other alternative fuel vehicles. The House Committees on Ways and Means and on Trade and Industry in a joint hearing approved the still unnumbered substitute bill which is a consolidation of House Bill 1 authored by former Rep. Ronaldo Singson and Rep. Jose Ma. Zubiri III (3rd District, Bukidnon); HB 4794 by Rep. Hermilando Mandanas (2nd District, Batangas); HB 5139 by Rep. Ryan Luis Singson (1st Dis-trict, Ilocos Sur); and HB 5161 by Reps. Rufus Rodri-guez (2nd District, Cagayan de Oro) and Maximo Rodri-guez, Jr. (Party-list, Abante Mindanao). Mandanas, Chairman of the House Committee on Ways and Means, said the proposal seeks to address the climate change prob-lem by providing fiscal and non-fiscal incentives which will promote the market for “cleaner” vehicles, paving the way for the realization of a healthier environment. “With the advent of envi-ronment-friendly cars, there will be less demand for the importation of traditional or conventional fossil fuels (gasoline and petroleum)

House panels approve incentives for manufacture of hybrid vehicles

and more for the produc-tion of alternative fuels like electric, solar, wind, hydrogen fuel cell, com-pressed natural gas (NCG), liquefied natural gas (LNG) and liquefied petroleum gas (LPG),” Mandanas said. The bill defines “Hybrid Vehicle” as any vehicle that combines the technologies of using internal combus-tion engine (ICE) with a battery-powered electric motor to gain advantages of both propulsion systems. It defines “Electric Ve-hicle” as any vehicle that uses electric motors solely for propulsion while it refers to “Alternative Fuel Vehicle (AFV)” as any vehicle using alternative sources of energy such as but not limited to solar, wind, hydrogen fuel cell, compressed natural gas (CNG) or liquefied natural gas (LNG) and liquefied petroleum gas (LPG), other than conventional sources of energy like petroleum and gasoline for propulsion. Under the bill, manufac-turers or assemblers shall be exempted from the pay-ment of excise taxes and duties for nine years upon the effectivity of the act for exporting completely knocked-down (CKD) parts of electric, hybrid and other AFV, including the conver-sion of vehicles into electric, hybrid and other alternative fuel vehicles.

Likewise, the impor-tation of raw materials, spare parts, components and capital equipment used in the manufacture or as-sembly of electric, hybrid and other AFV including the conversion into such vehicles shall be exempted from the payment of value added tax for nine years. The bill also provides that the sale of raw materials, spare parts, components and capital equipment used in the manufacture or as-sembly of electric, hybrid and other AFV, including the conversion into such vehicles shall be subject to zero percent VAT rate for nine years. The importation of com-pletely built units (CBUs) of electric, hybrid and other AFV shall also be exempt from the payment of excise taxes and duties for four

years from the effectivity of the Act. Under the bill, the manu-facturers, assemblers, con-verters and importers of electric, hybrid and other AFV shall register with the Department of Finance in order to avail of the incen-tives. According to the Rodri-guez brothers there are very few hybrid vehicles being sold in the country because of their expensive prices caused by the high excise and other taxes imposed by the government. Based on figures from Toyota Motor Philippines, Inc., dealer of Toyota Prius and Lexus hybrid vehicles, show that only about 100 hybrid vehicles were sold by the car company since starting to offer these ve-hicles in the local market. Zubiri said the duty-free

and tax free importation of parts will make hybrid car assembly competitive with the production of normal gas-fed cars. Singson said the tax in-centives to manufacturers

and importers of hybrid cars will make these vehicles af-fordable and available to Filipinos. He cited that to produce a hybrid car would cost $,5000 more than a conventional vehicle.

Congress.Watch

PLDT...from page 6

the NTC in promoting consumer welfare and fair competition.” PLDT shares closed 1.04% or P24 higher at P2,330 apiece on Wednesday, while JG Summit Holdings was up 1.78% or P0.45 to P25.70 per share. Digitel gained 0.65% or P0.01 to close at P1.54 per, while Globe Telecom shares lost 0.89% or P8 to end the day at P892 apiece.

NTC decision, Globe President and CEO Ernest L. Cu said the “general terms are acceptable.” Globe, in a statement, said: “the approval... with condition to divest PLDT’s 10Mhz 3G fre-quency is a progressive step for

8 BusinessWeekmindanaoOctober 28-30, 2011

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Opinion

VIETNAM has overtaken the Philippines in tourism arrivals as of October 2011 with 4.6 Million of foreign arrivals compared to their 3.8 Million figures last year or an increase of 36%. With 420, 00 average visitors per month, Vietnam figures are projected to top the 5 Million Tourist end of this year. While the Philippines is struggling to reach the 4.5 Million DOT projections for 2011. Positioned as the nearest tropical destination from China, Vietnam has the most arrivals from Mainland China, Korea and Japan. US Investment promo-tions and American service-men veteran’s visits follow. The affluent Russians come for the sun and sea. More of their Asian neighbors like Laos and Cambodia drop by for ex-change studies in Fisheries and Agriculture. Their mariculture along the Mekong Delta is a learn-ing experience on Pangasius culture. Vietnam supplies most of world’s requirement for “cream dory” a white meat fish that goes to our Chowk-ing breakfast. What makes them click and surpassed the Philip-pines in many undertakings?

THINK a minute… It’s been said there are two types of people in the world: Those who come into a room and say, ‘Here I am!,’ and those who come in and say, ‘Ah, there you are!’ Two very different ap-proaches. One says, “Look at me! I want attention!” The other says, “Tell me about yourself.” One attitude says, “I’m the important one.” The other says, “You’re the important one.” You know, if you want to be the happiest you can be. If you want to live a rich, successful, satisfying life—then live to give and serve others. Dr. Albert Schweitzer said that how

Reminiscent of Ms. Saigon

When diplomatic rela-tions with the Philippines was established in June 12, 1976, Vietnam has been sending their government executives to the Philippines not solely for diplomatic missions but to learn how we do our rice planting techniques from the Inter-national Rice Research In-stitute (IRRI) in Los Banos, Laguna. Scholars were enrolled at the Asian Institute of Man-agement (AIM) in Makati to learn business strategies and observe business gov-ernance. Their Medical students enrolled at the University Of Santo Tomas College Of Medicine along Espana in Manila. Many of their bilateral visits and travel exchange to the Philippines were ac-counted and put to good use and their country is harvesting their effort. The Philippines has many opportunities too in foreign travel for government func-

tionaries. Police law enforcement visits to Russia with bundles of foreign currency on hand. Legislator’s sojourn in the US accompanying a former President that cash out a bill of USD20, 000 for din-ner in a New York upscale restaurant and a coterie of officials booked at MGM Hotel in Las Vegas every time our boxing hero fights in the US. With all travels and ex-posures, we have not fixed our international airport which ranks among the worst in the world. Death and destruction continue to rise during natu-ral calamities and war and skirmishes is still going on in Sulo, Basilan and Zam-boanga Sibugay. Vietnam which rank two notches below the Philip-pines in the late 90’s in terms of economy, infrastructures and governance is on equal footing and could dislodges us in terms of investments destinations and tourism.

They have the best busi-ness environment in Asia and their peace and order is the opposite experience of their protracted war with America. A prominent Cagayan de Oro raised businessman, Don Pepito “Che” Alvarez, who put up his numerous investments in Vietnam, could be the best teacher and resource person why he chooses Vietnam and why they are overtaking us? The Vietnamese Presi-dent, Trung Tan Sung, who arrived for a state visit to the Philippines, chooses to include the International Rice Research Institute as one of his itinerary before he returns to his country. There must be something at IRRI that many of our public officials do not know? Because, have they known it, we will not be importing and smuggling rice from Vietnam.

happy we are depends on how much we live for others. In fact, the one word that is the secret to success and the highest level of living is the word “others.” But if we’d rather have a small, empty, boring life, then we can think only about ourselves and what we need and want. The problem with this self-centered kind of living is that even though we get and keep everything for ourselves, we’re never com-pletely satisfied or happy; so we don’t make others happy either. Even God Himself said that He did not come into the world to be served, but to serve others—even to the point of giving His own

life for our wrongs, since He Himself had no wrongs to die for. Jesus Christ was constantly helping, healing, comforting, counseling, and forgiving others. He lived, died, and came back to life all for others. And even now, He is constantly praying for others, which includes you and me. Jesus Christ became a human being to show us how to be happy and live successfully by living for others. He explained that it’s only when we give and share our life with others that we ourselves can finally be happy and satisfied. So this Christmas, why don’t you ask Jesus to forgive you

for all your wrongs and living for yourself. Then ask Him to help you start living His right, successful way: to serve, help, and give to others. You‘ll be the happiest one for it. Just think a minute…

Vietnam which rank two notches below the Philippines in the late 90’s in terms of economy, infrastructures and gov-ernance is on equal footing and could dislodges us in terms of investments destinations and tourism.

Words of praise for BSPNOTHING like words of praise to warm the heart. The Bangko Sentral ng Pilipinas (BSP) recently received three successive accolades from the Makati Business Club (MBC), the Management Association of the Philippines (MAP), and a member of the Philippine Congress—affirmations that will truly inspire the BSP community to accomplish more. The BSP, a consistent topnotcher among govern-ment institutions in previous MBC surveys, again received the highest net satisfaction score in the latest MBC Executive Outlook Survey. The MBC is a private non-stock, non-profit as-sociation of senior business

executives representing the largest corporations in the Philippines. The BSP received a net score of 77 in the survey conducted from July 19 to August 2 of this year. The results indicate that around 85 percent of the respon-dents expressed satisfaction for the BSP’s performance during the first year of Presi-dent Benigno Aquino III’s administration. Following BSP in the top list is the Department of Finance with a net score of 67.6. In a letter to BSP Gov-ernor Amando Tetangco Jr. last August 16, MAP President Felino A. Palafox Jr. said that their associa-tion considered BSP as one

of the top best performers under the administration of President Aquino. Palafox said the asso-ciation’s members, who participated in the recent MAP Survey on Govern-ment Performance, voted for BSP to be in the top 5 among 50 government agencies. “We in the MAP look forward to working with you and the BSP ‘MAPping a Culture of Integrity’ and in pursuing programs that will convert the ‘Matuwid na Daan’ clarion call of Presi-dent Benigno C. Aquino III into a way of life for all citizens and leaders of our beloved country,” Palafox said. Lastly, Rep. Angelo B.

Palmones of AGHAM Party-List filed House Resolution No. 1610 entitled, “A Reso-lution of Commendation for the Bangko Sentral ng Pilipinas and Twelve Other Major Banks in the Philip-pines for Undertaking the Kiddie Account Program, Under the Auspices of the Bank Marketing Associa-tion of the Philippines, to Promote the Habit of Saving Regularly Among Filipino Children Up to Twelve Years Old.” The House Resolution noted that the Kiddie Ac-count Program was in line with state policy to “incul-cate in the youth patriotism and nationalism and encour-age their involvement in public and civic affairs.”

“The government pro-motes projects and activities aimed at developing and enhancing positive Filipino values, especially among the youth,” the resolution said. It added that “nurturing good traits and habits among the young can lead them to becoming responsible members of society.” The BSP and the Bank Marketing Association of the Philippines (BMAP) launched a special “Kid-die Account Program” last August to encourage the country’s 12 million Fili-pino school children to save money. Under the program, school children up to 12 years old can open bank accounts with initial de-

posits of R100 or less at any of the participating banks’ head offices or their 3,000 branches. The 12 participating banks are the Development Bank of the Philippines (DBP), Bank of the Philip-pine Islands (BPI), China Bank Savings, East West Bank, Maybank, Philippine

bunye/Page 9

PeD t. QuiAMJOt

TRAVERSING ThETOURISM hI-WAY

JhAn tiAFAuhurst

ThINK A MINUTE

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SPEAKING OUT

9BusinessWeekmindanao October 28-30, 2011Views.Opinion

ruDOlF A. KOtiK

FrAnChisinGFranchisee territory

AN on-going summit on piracy in Makati Shangri La came under attacks from the international press, lead-ing to perceptions that the government may be acting in the interests of big cor-porations. The summit includes sessions on identifying the fake versions of Swiss Watches, New Era Caps, Chanel, Colgate Palmol-ive, Philips, Beiersdorf AG, Hewlett Packard, Castrol, Pfizer, Puma, Louis Vuitton, Singer and Unilever. The summit is held in cooperation with the World Intellectual Property Orga-nization (WIPO), a United Nations agency in charge of intellectual property. It came under fire from the international press with Canadian journalist Cory Doctorow, an advocate of

FRANCHISORS grant ex-clusive or protected territo-ries to their Franchisees to facilitate sales of franchises and to motivate effective market development by the Franchisee that, theoreti-cally, will be more inclined to invest in the development of his business if he has no competition of the same brand in his area. Many Franchisors have discovered that they made to large initial estimates of the population required for a successful franchised business (once their network trademark became more widely recognized) and that large spaces between fran-chises only invited competi-tors. Large territories also may interfere with adjust-ment to changing markets and inhibit the offering of additional franchises to productive Franchisees.

Is the government fostering corporate greed?free sharing in digital media, criticizing the summit as an “off-the-books meet-ing in the Philippines on trademark enforcement, with speakers from Louis Vuitton, Chanel, the Swiss Watch Federation. The meeting wasn’t announced on WIPO’s website, and it exclusively features speak-ers who support greater enforcement, with no one speaking for moderation and balance.” Asked about the sum-mit, Nick Ashton-Hart, US technology industry repre-sentative in Geneva, said, “ The CCIA [Computer and Communications Industry Association] sees the clear bias in the program and the lack of transparency about WIPO’s engagement in it as very troubling.” WIPO defended its

involvement stating that “WIPO’s involvement in the program relates to the first two days. The remainder of the program is organized by the Philippines govern-ment. The objective of the WIPO program focuses on developing and implement-ing national strategies on awareness raising through cross-sectorial collabora-tion. WIPO’s contribution to the program – in par-ticular through the WIPO speakers – will address the question of balance and the cross-sectorial nature of the issue.” Strictly speaking, the workshops sponsored by these corporations will, of course, teach our law en-forcement officers how to act in the interest of those business entities. However, it is also true that these brands

are the most pirated in the country. They have lost a lot of profits due to piracy. Protecting foreign brands is ok, but not at the risk of overlooking Filipino brands. We should also promote Filipino brands as an alter-native to expensive foreign brands. Some measures initiated by the government have been criticized as harsh yet ineffective. In June this year, Mayor Lim of the City of Manila gave an ultimatum to vendors of pirated discs in Quiapo, mostly Muslim immigrants, to cease selling pirated goods at the risk of getting ejected from Quiapo, despite calls from multi-sectoral groups. Earlier this year, the IPOPHL also started talks with what it termed as the ‘elusive’ management of the

Greenhills Shopping Centre, demanding that it eject les-sees selling pirated wares at the risk of having the mall/store owners’ US visa cancelled. Despite this, authorities are confident that this year’s raids will match the 2009 record of seizing Php 5.6B worth of pirated goods. The increased number of fake items also denotes the increase in scope of pirate activities. Whereas before, pirated goods referred only to pirated discs, now the term includes counterfeit bags, watches, books, medicines, and consumer goods. The summit is of course conducted with the end in view of removing the country from the US piracy watch list. Removal from the list will result in increased trade benefits to Philippine manu-

facturers who export to the States under the Generalized System of Preferences. Enacting more laws and rules will always be on the table, but more than that, we should have an attitude shift. People don’t download music or buy counterfeit perfume because they’re poor. They do it because they don’t think of it as a theft. Email sara.suguitan@gmail.com

Structuring the franchise to enable the Franchisor to achieve greater market penetration by granting limited territorial protection and reserving rights to sell to some customers within the Franchisee’s territory will tend to result in more system expansion conflicts with existing Franchisees. The corollary of the ex-clusive or protected terri-tory, a right granted to the Franchisee, is a restriction on the area within which the Franchisee may conduct his business. If Franchisees have the ability to sell outside their immediate markets and are able to market and sell in the territories of adjacent Franchisees, restrictions on such marketing may be necessary to make exclu-sive or protected territories meaningful.

Franchisors also impose such restrictions to force a Franchisee to fully exploit his assigned territory and to maintain the quality of the product or the service sold by the Franchisee. Confining Franchisees to their specific markets can result in troublesome enforcement problems for the Franchisor. The Fran-chisor will be expected to enforce the restriction against the invading Fran-chisee and may have a legal obligation to do so. The invading Franchisee may be highly productive, have effectively penetrated his own market and invades the territory of the adjacent Franchisee primarily be-cause that territory has not been effectively penetrated. Disciplining a productive Franchisee to aid a lazy or ineffective Franchisee is

not an enviable task. Some competition among Fran-chisees may be beneficial to the network. Rudolf A. Kotik is the Founder of RK Franchise Consultancy who developed more than 400 Franchises in the Philippines and can be reached through rk@rkfranchise.com

preliminary report of the Bu-reau of Local Employment showed that 798,775 jobseekers out of the 1,088,776 referred for job placement have already been employed. Of the total number of workers placed, more than 502,000 found jobs in the private sector while the rest were employed in the government. Secretary Rosalinda D. Baldoz said that 1,299,270 jobseekers who are fresh gradu-ates and highly skilled, semi-skilled, and disadvantaged workers, were also provided job search assistance through the network of 1,069 PESOs in local government units (LGUs), schools, and other places during the first three quarters of 2011. The labor chief also said that 52,851 jobseekers were referred for training and employability enhancement services of the government. “This plainly demonstrates, and I reiterate, the importance for all job applicants to build up proper skills and qualifi-cations so as to successfully land opportunities that are right here, in companies and industries right in our own economy, and for the PESOs to efficiently facilitate the

PESO...from page 1

matching of skills and jobs between labor and employers,” said Baldoz. Baldoz was apprised by BLE Director Ma. Criselda R. Sy that all in all, the PESOs solicited 2,050,441 job vacancies that were made available to the 1,299,270 jobseekers during the three-quarter period. On top of these successful job placements, Sy indicated that more than half a million (532,002) job applicants na-tionwide have been assisted and appropriately referred as they registered in the 1,179 job fairs jointly organized by the DOLE regional offices and PESOs, in partnership with private sector companies and the government. According to the BLE report, the highest number of fairs conducted in the first three quarters nationwide were in the National Capital Region (581), and correspondingly, the highest number of jobseek-ers assisted were in the NCR (150,848), followed by Region 4A (111,603), Region 7 (54,127), Region 3 (36,815), Region 12 or SOCCSKSARGEN (30,090), Region 6 (25,630), and other regions of the country. The report on the PESO job placements nationwide in the first three quarters of 2011 came on the heels of the successful hosting by Davao City of the

Bunye...from page 8

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11th National PESO Congress under the theme, “Disente at Produktibong Trabaho, PESO ang Kaagapay ng Estado”. The labor chief said that “the importance of the PESOs is particularly highlighted by the agenda of President Aquino III to address the labor-mismatch problem by promoting better coordination between employ-ers, academia, and government through strengthening both public (e.g. Public Employment Service Office) and private sector labor market informa-tion and exchange institutions, especially at the local levels.” The current 1,069 op-erational PESOs have been established and accredited

by DOLE by means of the continuous field work of the BLE and DOLE regional of-fices (ROs), in coordination with local government units (LGUs), state universities and colleges (SUCs), non-govern-ment organizations (NGOs), or community-based organiza-tions (CBOs) nationwide. “Pursuant to the PESO Act of 1999 and its implementing rules and regulations (IRR), all the PESOs have been effectively linked to the DOLE ROs for coordination and technical supervision, and to the DOLE Central Office, to constitute the national employment fa-cilitation network,” said the BLE Director Sy.

Iponan, Cagayan de Oro. The amenities and all the adventure facilities are all priced with affordability in mind. The initial phase of development is the zip line facilities, ATV’s and horseback riding. The swimming pools and hotel-restaurant will be constructed due some times after the first phase. Thus the Colonia Hid-den Valley Park has been envisioned and created. What began as a class requirement for a Market Research in the Financial Management Class in Capitol University Gradu-ate School is now being made into a reality. Soft opening will be this coming early De-cember 2011. See you there and together lets relax, enjoy and expe-rience adventure with ease of accessibility and affordability!

Colonia...from page 10a soothing one. The ho-tel- restaurant catering Filipino and international cuisines are available for the hungry guests alike. This indeed sounds like a perfect get away from the drudgery and humdrum of daily life. We are all looking forward in having a chance to com-mune with nature while bonding with friend, of-ficemates, classmates and family. Guess what, you do not need to travel arduously to enjoy all these adventure activities. It is just but minutes away from the hustle and bustle of met-ropolitan Cagayan de Oro. You can take the jeepney at the Gaisano Mall Ter-minal and they will take you right up to the gate of the park. The park is conveniently located in

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10 BusinessWeekmindanaoOctober 28-30, 2011 Aggie.News

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 18

Cagayan de Oro City

IN THE MATTER OF PETITION FOR SPL. PROC. CASE NO. 2011-125CORRECTION OF ENTRY: CHANGEOF SEX FROM MALE TO FEMALE

MERRY JHEVE C BENEDICTOS, Petitioner,

-versus-

CIVIL REGISTRAR OF CAGAYAN DE ORO Respondent.X----------------------------------------------X

ORDER

The instant Petition filed by Merry Jheve C. Benedictos (hereafter petitioner) seeks the correction of the entry in the Certificate of Live Birth of Petitioner’s gender from “MALE” to “FEMALE”.

Finding the instant Petition to be sufficient in form and substance, let the initial hearing of this case be set on November 28, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City.

Respondent Local Civil Registrar of Cagayan de Oro City and any person having or claiming any interest on the entries whose corrections are sought, may, within fifteen (15) days from notice of this Order or from the last date of publication thereof, file their opposition/comment thereto and appear at the scheduled hearing.

Furnish copies of this Order, together with the Petition and its an-nexes, to the Office of the Civil Registrar of Cagayan de Oro City, the Office of the Solicitor General and the National Statistics Office, Manila

SO ORDERED.

September 28, 2011, Cagayan de Oro city. (SGD.) DENNIS Z. ALCANTAR Presiding JudgeBWM October 14, 21 & 28, 2011

CAGAYAN DE ORO CITY- In celebration of the World Food Day and the Con-sumer Welfare Month, a forum was conducted by the Department of Agriculture Regional Field Unit 10 on October 17, 2011 at the El Garaje, DA Compound. With themes “ Food Prices from crises to stability” and “ Sapat, Ligtas at Abot-Kayang Pagkain Para Sa Lahat” respectively. The forum aimed to encourage increase agricultural food production and to inform DA employees and guests as to the agency’s role in the provision of sufficient, safe and affordable food for everyone and the con-sumer’s responsibility to be vigilant on the prices of commodities sold in the market.

Regional Executive Di-rector Lealyn A. Ramos in her Welcome Remarks expressed her appreciation as to the success of the World Food Day Celebra-tion that was previously observed by the department last Oct. 13 and 14 through showcasing of technolo-gies and product displays joined by attached agencies of the department as well as private entrepreneurs. The celebration was also highlighted by a cooking competition participated by each divisions of the of-fice, of which the Planning Division was proclaimed as the ultimate winner par-ticipated by Ms. Sonia E. Oliveros and Ms. Cleofe O. Ampatin in their appetizing masterpiece called Pinoy Adlai Dimsum.

Director Ramos added that the agency not only

Open Forum on World Food Day, Consumer Welfare Month Held

celebrated a day for the “World Food Day” but series of days. She also highlighted the importance of the de-partment’s role towards the realization of the Consumer Welfare Month theme that is for us to be instruments in helping farmers with their production of food staples such as rice and corn and advised not to ask for too much discounts from seller-farmers. In this way, as consumers we boost the quality and quantity of food production since farmers gain more confidence in the products that they sell.

The forum was a per-fect venue for awareness not only to the agency’s employees but also to the invited guests from different government institutions on how we can help together as one to achieve the themes of the twin-celebration. Highlighted topics which were exhaustively explained by experts in the field are; Organic Farming- Nature Farming Technology Sys-tem, Food Safety, Meat Safety and Food Prices. These topics are aligned to the theme of the celebration and aims to stir responsive-ness and attentiveness to the audience so that they can understand more fully what this celebration is aiming.

Guests who speak on the topic are; Dr. Simer E. Belacho Medical Of-ficer VII Chief Licensing, Regulatory and Enforcing Division of the Department of Health Region 10 who talked about Food Safety. Highlighted topic is on con-sumer awareness and food quality and safety. Atty. Fel Lester B. Brillantes Legal

Officer of the Department of Trade and Industry Re-gion 10- who talked about the law on Price Act or RA No. 7581 in which he explained that the act is for the protection of consumers by stabilizing the prices of basic necessities and prime commodities and prescrib-ing measures against undue price increases during emer-gency situations. Speakers from attached agencies like National Meat Inspection Service (NMIS) Region 10 also came to talk about Meat Safety delivered by Meat Inspector Ms. Helen B. Para. She elaborated more on practical tips on meat safety and quality and were accompanied by their Regional Director Atty. Beata Obsioma. Topic on Nature Farming Technol-ogy System, highlighted topic was on nature farming

technology characterized by its simple, economi-cal and sustainable use of indigenous micro organ-isms thru the process of fermentation

Visitors from other agen-cies who came were Engr.

Noli P. de la Rita- Chief Info Services Division Bu-reau of Fire Protection Region 10; Engr. Elvira A. Cajigas -Chief Consumer Welfare Division Depart-ment of Trade and Indus-try Region 10; Ms. Lila F.

Soquillo of Department of Environment Natural Resources and Mr. Mike Baños from Konsumante Kagayan an organization of consumers in Cagayan de Oro City.### (suzy may roa-fabular da-10)

TOP L-R: DA 10 Reg. Executive Director Lealyn A. Ramos welcomes the guests and DA employees; RTD Roxana h. hojas explains the rationale of the WFD Celebration and Consumer Month. BELOW L-R: Engr. Noli de la Rita from Bureau of Fire Protection and Mr. Mike Baños of Konsumanteng Kagay-anon,Inc. with their questions addressed to the speakers.

REST and recreation have always remained elusive for those individuals whose time are as precious as gold. What many people can’t afford is the luxury of time. For some just to be able to muster the logistics and transportation for that long travel with family and friends just to relax and enjoy is enough to induce a good headache. And when everything is set, the weather doesn’t cooperate. So much ado for nothing. Imagine an adventure park that will highlight a 700 plus meters of zip line that will sport a double

line for extra safety, using the best and latest gadgets, conforming to international zip line standards. And for those who favor earth bound adventures, this park offers ATV (all-terrain vehicles) for you to explore the different trails. Avail of horseback riding and savor the park’s natural beauty. It will also have a camping site for those who would really like to spend some nights, perfect for star gazing. A swimming pool to cool you off for that perfect relaxation in the lush forest setting surely will make your day a soothing one. The

Colonia Hidden Valley Park to open in CDO

Tablon Elementary School, City Division of Cagayan de Oro participated SM GREEN FILM FESTIVAL , a documentary film shown in Cinema 2 as a way of educating youth on pressing issues on “ CLIMATE ChANGE.”

CLIMATE includes pat-terns of temperature, precipitation, humid-ity, wind and seasons. “Climate Change” affects more than just a change in the weather; it refers to seasonal changes over a long period of time. These climate patterns play a fundamental role in shaping natural eco-systems, and the human economies and cultures that depend on them. Because so many sys-tems are tied to climate, a change in climate can af-fect many related aspects of where and how people, plants and animals live. I had a pleasure watching movie entitled “CLIMATE CHANGE IN THE PHILIPPINES”. It was really an educational and interesting show that opened the mind of indi-viduals of how important CLIMATE in our lives. I was particularly interested of the effect brought by climate change in our country that things

Climate Change impact in the PhilippinesBy CRISPIN PAILAGAO CAARE

Teacher III

happened due to man’s neg-ligence. It is undeniable in-deed that overpopulation greatly contributes on said uncertain. Since we don’t have enough resources, our fellowmen are forced to indulge in different illegal activities that can disrupt the cycle of ecosystem. Floods, typhoons, landslides, soil erosions etc. are some common calami-ties which we are currently experiencing. These are brought by deforestation,

using of products contain-ing chlorofluorocarbon (CFC), and cutting down trees, improper waste seg-regation and other human activities. Climate change is real. This could hardly be avoided. It is obviously happening in our country. We know its effects on our environment so we must do necessary things or find ways to solve the problem. Government, big and small industries should get a common goal to act

together. We must not waste time. We should act now!

colonia/Page 9

11BusinessWeekmindanao October 28-30, 2011

CAGAYAN DE ORO CITY WATER DISTRICT

PAHIBALO Ang COWD malipayong nagpahibalo sa publiko nga nahuman ug nakumpleto na ang maong mga proyekto: •Duhaka50mmngamgalinyasatubigngaadunay tags aka meter stub-out matag usa sa Zone 1 ug Zone2saBarangay25 •Duhaka50mmngalinyasatubigngaadunaytag- duhakameterstub-outsmatag-usasaPurok3-A sa Dao, Barangay Gusa •Usaka100mmngalinyasatubigngaadunaytag- tulokameterstub-outssaPurok1-AsaBarangay Tablon Angmgalumulupyosamaongdapitngabuotmagpa-kutayugserbisyosatubigsaCOWD,moadtolamangsaAdminBuildingsaCOWDsadalanCorralesningda-kbayan. Alang sa kasayuran usab sa tanan nga magpakutay ug serbisyo sa tubig, kinahanglan kamo makatambong sa usa ka Orientation-Seminar nga usa ka rekisito alang sa mga bag-o nga koneksyon sa serbisyo sa tubig. Ang nasangpit nga Orientation-Seminar gaipahigayon matag: Miyerkules- 3PM,COWDSocialHall(4thFloor) Sabado - 2PM,COWDLobby AlangsadugangKasayuran,tawaglamangsaCOWDCustomerCareHotlines:72-97-42 856-4546 0917-717-3016 Salamatsapadayonninyungapagbuligugpagsuportasa COWD.

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 20

Cagayan de Oro City

IN RE; PETITION FOR CORRECTIONOF ENTRIES IN THE CERTIFICATEOF LIVE, ETC.

ROGER LUMINGUIT TEJOR, JR., SPL. PROC. CASE NO. 2011-121 Petitioner,

-versus-

LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent.X--------------------------------------X

ORDER

Considering that the order of this court setting the initial hearing of this case has not yet been published, let the initial hearing of this case be had on November 7, 2011 at 8:30 A.M.

Let copy of this order be published once a week for three (3) con-secutive weeks in a newspaper of General Circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the office of the Executive Judge.

The Local Civil Registrar of El Salvador City or any person having or claiming any interest under the entry whose cancellation or correction is sought may, within fifteen (15) days from the notice of petition, or from the last date of publication of such notice, file his opposition thereto.

Furnish the Office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance.

SO ORDERED.

Given in open court this 14th day of September, 2011 at Cagayan de Oro city.

(GSD.) BONIFACIO M. MACABAYA Presiding JudgeBWM October 14, 21 & 28, 2011

Republic of the PhilippinesRegional Trial Court of Misamis Oriental

10th Judicial RegionBranch 20

Cagayan de Oro City

IN RE; PETITION FOR CORRECTIONOF ENTRIES IN THE CERTIFICATEOF LIVE, ETC.

ROSEMARIE CRAIZ EDUAVE, SPL. PROC. CASE NO. 2011-117 Petitioner,

-versus-

LOCAL CIVIL REGISTRAR OFCAGAYAN DE ORO CITY, Respondent X----------------------------------x

ORDER

Considering that the order of this court setting the initial hearing of this case has not yet been published, let the initial hearing of this case be had on November 7, 2011 at 8:30 A.M.

Let copy of this order be published once a week for three (3) con-secutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge.

The Local Civil Registrar of El Salvador City or any person having or claiming any interest under the entry whose cancellation or correc-tion is sought may, within fifteen (15) days from the notice of petition, or from the last date of publication of such notice, file his opposition thereto.

Furnish the Office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance.

SO ORDERED.

Given in open court this 14th day of September, 2011 at Cagayan de Oro City

(Sgd.) BONIFACIO M. MACABAYA Presiding Judge

BWM October 21, 28 & Nov. 4, 2011

from the grid. However, CEPALCO cus-tomers within its franchise area have so far not experi-enced rotating blackouts like other DUs or rural electric cooperatives despite the Red Alert due to back-up power supplied by its “embedded generators” connected to its distribution grid such as the 18.9 MW diesel-fired power plant of the Mindanao Energy System, Inc. (MINERGY), 7-megawatt Bubunawan mini hydro or 1-megawatt solar power plant in Indahag. The number of yellow and red alerts is expected to rise further as demand for energy in the grid rises, even during the rainy season when there is sufficient water in Lake Lanao and the Pulangi River to run the Agus-Pulangi hydroelectric power plants which supplies some 55% of the power needed by the Mindanao Grid.

Wave...from page 1

on development. One coun-cilor was not able to vote, while three others are on leave. President pro-tempore Karlo Bello presided on behalf of Vice Mayor Rodrigo Duterte who was acting mayor for a few days. “We are extremely happy with the ordinance (reclassi-fication). We have been trans-parent with all our plans and we are glad our city officials were convinced by our plans,” AboitizPower First Vice Presi-dent for Mindanao Manuel Orig said. The 300-MW baseload power plant is aimed at pro-viding reliable and affordable baseload power for Mindanao. “The committee has set conditions on the company independent of the conditions set by the ECC,” chairperson Rachel Zozobrado told the Council during her report. “Some of the conditions may be the same as the ECC or even more, but it is better safe than sorry.” AboitizPower presented during the session the find-ings and recommendations of the water sudy team for

Coal...from page 1

cushioned the declining per-formance of the services and industry sectors this year. “While economic growth lost momentum during the crisis years, Northern Mindanao is among the few regions in the country which enabled the na-tional economy to escape reces-sion,” Dacanaysaid during the Mid-Year Philippine Economic

Normin...from page 1

gloomy situation in 2010. The recent declarations of Yellow or Red Alerts by NGCP further confirms that Mindanao Grid has shortage of capacity neces-sary to provide the required Ancillary Services as specified in the Grid Code. This is not a good sign considering that we have ample rains and we don’t even have El Niño yet,” said Engr. David A. Tauli, senior vice president for engineer-ing of the Cagayan Electric Power and Light Company (CEPALCO). Department of Energy (DOE) figures show electricity generation in 2010 was reduced by 6.33% (or 430 million kWh, excluding losses and station-use) compared to 2009. This reduction in generation repre-sents the unserved electricity due to power supply shortage in Mindanao in 2010. Estimated economic losses using the ratio of the Gross National Product (GNP) to the total kWh sold or P144 per kWh in 2010 multiplied by the 430 million unserved kWh in 2010 translates to P62 billion of economic losses for Min-danao. Within the franchise area of CEPALCO covering Cagayan de Oro City and the municipalities of Tagoloan, Villanueva and Jasaan, Misamis Oriental, the reported total unserved energy of 15.6 million kWh translates to P2.2 billion of economic losses using the same ratio. NGCP issued a Yellow Alert notice for the Mindanao Grid on Monday, 17 October 2011 due to scheduled preven-tive maintenance on one unit of STEAG State Power Inc.’s coal-fired power plant in Vil-lanueva, Misamis Oriental. A Yellow Alert is issued by the NGCP when the “Contingency Reserve” is less than the power generated by the largest syn-chronized generating unit in the grid. As of 11:00 AM on 19 October 2011, NGCP raised the alert level from Yellow to Red Alert due to scheduled maintenance on one of its ancillary service providers, the 2nd unit of Therma Marine Inc.’s 100-megawatt (MW) power barges. According to NGCP, the shutdown of one unit of STEAG’s Power Plant and Unit #2 of TMI’s Power Barges reduced the “Contingency Reserve” in the Mindanao Grid to zero. However, STEAG completed works on its unit 35 hours ahead of schedule and back online in the grid by 1PM 24 October 2011. NGCP declared the power situation back to normal by 9AM of 25 October 2011. The Grid Code mandates that a Red Alert be issued by the NGCP as system operator when the Grid “Contingency Reserve” is zero; there is gen-eration deficiency, and there is critical loading or imminent overloading of transmission line or equipment. Grid protocol dictates that a Yellow or Red Alert requires Distribution Utilities (DUs) to limit the power they draw from the grid to a certain “Load to Maintain”. Exceeding the limit specified by NGCP for each DU would mean auto-matic disconnection from the grid. Thus, DUs with “Load to Maintain” that is less than what they need would have to resort to power curtailment or rotating brownouts in their respective franchise areas, or face a possible disconnection

using available fresh water sources in its proposed site after a thorough hydrology study led by Dr. Roy Soriano a Phd graduate in Civil and Environmental Engineering with over 27 years of experi-ence in hydrology. According to Dr. Soriano, spring water and surface wa-ter in the area are more than enough to meet the needs of the power plant. The findings were verified by engr. Uldarico Trawon, a hydrologist commis-sioned by the city government and by Engr. Ismael Tabije, who served as adviser to the team. “A new hydrology study was conducted to allay the fears of the vice mayor, the city councillors and the people of Davao that the plant will jeopardize the community’s water use and affect the city’s aquifer,” Orig said. “As proven by the study, we will not have an effect at all.” The proposed power plant is seen as the viable, afford-able and reliable solution to the power crisis in Mindanao. The island is highly dependent on hydro power sources. The hydro power plants have re-cently been de-rated owing to their age resulting to the reduction in their production. Power demand in Mind-anao has also been steadily increasing while no new major power plants have been built in the last few years. Government estimates that the Mindanao power short-age is set to worsen and that by 2014, the shortage will be around 480 MW – enough to cut off the entire power supply to the cities of Davao, Cagayan de Oro, Gen. Santos, Zamboanga and Butuan.

Briefing (PEB) led by the Bangko Sentral ng Pilipinas (BSP) held last week. “As of the first two quarters of 2011, leading indicators point to a modest improvement of the economy. Production in the agri-culture sector mostly increased,” the NEDA-10 Director said. Based on Neda’s report, Northern Mindanao exports increased by about 26 percent, investment inflow picked up, increases in tax and customs col-lections were sustained, energy sales made a rebound indicative of the vibrancy of the industry and business sector, and many other indicators showing positive performances. Over the next six (6) years, the region shall continue to present itself as the most com-petitive, efficient and attractive transhipment hub and venue for industrial ventures. “It shall assert its role as a gateway and industrial core and trade center in the south,” Dacanay said. Attended by more than 200 participants, the PEB focused on communicating the govern-ment’s initiatives towards good economic governance anchored on a strategic development frame-work of improving transparency and accountability, strengthening the macroeconomy, financial and capital mobilization, and facilitat-ing infrastructure development and the results achieved so far. Reactors from the private sec-tor appreciated the presentation by the economic managers on the Philippine economic situation. However, they also called for government’s strong political will for immediate and urgent reforms on the following seven (7) concerns, among others: Worsening conditions and stringent requirements of do-ing business in the country, the private-public partnership which is envisioned to be the country’s

growth driver has unexpectedly not taken off, massive bank clo-sures. The needed structural re-forms to attract new players to invest in power generation, ra-tionalizing the terminal handling charges imposed by international shipping lines on Philippine exports, full implementation of RA 9178 otherwise known as the Barangay Micro Business Enterprises Act and peace and

order situation in Mindanao. Economic managers present during the PEB were BSP Direc-tor Antonio Cintura, Director Rolando Toledo of the Depart-ment of Budget and Management (DBM), Undersecretary Gil Beltran of the Department of Finance (DOF), and Assistant Secretary Felicitas Agoncillo-Reyes of the Board of Invest-ment Department of Trade and Industry (BOI-DTI).

BusinessWeek

AqUARIUS: Life can change in an instant. If you part company with a friend, it’s probably meant to be, don’t stress. focus on what’s working and the future, not what happened in the past. Discus-sions at work need a common sense approach.

PISCES: There’s a new start with work, which gives you an oppor-tunity to broaden your knowledge base. Get ready for unexpected developments, anything can happen and probably will, but you need to watch your stress levels. Relationships are about give and take; make sure you do your fair share of both. Where money is concerned, be determined to win.

ARIES: Before leaving a personal situation for what you think may be greener pastures, stop and reevaluate your plan of action. True love could be right under your nose. Love and money are both highlighted as important this week, but see things as they are, not how you want them to be.

TAURUS: Take control at work. Don’t wait for others to make life happen for you. Get real about money and start on a mission to make major changes with your savings plan. Locking lips with a sweetheart is all about timing, calculate your next move.

GEMINI: If a hectic time has depleted your energies; chill out to recharge your batteries. Good friends will understand if you disappear off the radar for a while. Be consistent to get ahead at work. Money discussions are positive. Stay tuned for the next move in regard to work, decisions made now can change your life.

CANCER: It’s not what you say; it’s how you say it! Blurting something out to a lover can start a domestic drama. Be diplomatic for a more harmonious exchange to take place. At work, be profes-sional instead of taking sides or playing games.

LEo: With business, there’s no time to waste. feisty Mars is on the scene, it’s up to you to make life happen. Beware of being pos-sessive; it can cause a love–mate to run in the other direction. If you want them back, you may need to let them go.

VIRGo: Whether it’s writing, music or art, a creative outlet will help balance your energies. Build strong relationships for career development. Someone who understands your heart and mind holds the recipe for a perfect love–match.

LIBRA: When you rush a family member to make up his or her mind it could send them into a panic – be patient. A relation-ship is a two–way street, every decision you make can have an effect on someone else’s life. Set yourself a routine at work and stick to it.

SCoRPIo: With the new Moon in your sign it shines magic your way. Dreams, wishes and hopes can come true now. Don’t be backward when asking for what you want. Career opportunities look favorable and you’re in the winning seat.

SAGITTARIUS: Too much self–analysis can put distance be-tween you and another. If you’re on the verge of an ’ah–ha’ mo-ment, share it with your nearest and dearest. Don’t let other people deal with your money matters, take control and be responsible.

CAPRICoRN: Nothing is impos-sible! Right now you can move ahead in the direction of your dreams. follow your heart and don’t take no for an answer. Money matters are up for review, good news is on the way, be opti-mistic. Stay grounded with love.

Your Lucky Stars

WEEKLYMAINTAIN

317715071

STRONGESTDIGITS

HOT PAIRS

6-7

53-03-0584-94-98

WEAKESTDIGITS

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ULTIMATETAKE-1, TAKE-2FOR 3-D DRAWS

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how to play the game?Fill in completely every rows, columns, and diago-nals of each puzzle without repitition of the same digit.

Suduko

Crossword PuzzleACROSS1 Prose narrative5 Take a chance10 Greek philosopher12 Automobile13 Suffer ill health14 Riotous action17 Soldium symbol18 Back of the neck19 fabian ___20 Shorthand writing22 Beer ingredient24 Had real being26 Lease28 Bird’s claw30 Actress Gardner31 Long narrow cut32 Preposition34 Biblical archangel36 On the affirmative side37 Allow38 Petty quarrel40 Ingenious41 fencing sword

DOWN1 Extent2 Assumed name3 Girl4 Preposition6 Summit7 Topographical chart8 Pretense of bravery9 Puts forth

11 Bataan town15 Adherent to16 Hair-styling prepa-ration18 Adjacent to21 Reasonable22 Thaw23 Regrettably seri-ous

CIRCLE-A-WORD

SUPERTRES IIYOur ultiMAte WinninG GuiDeOctober 28-30, 2011

BusinessWeekmindanao

3 DAYS MAINTAIN***GUARANTEED***

ANSWER TO PREVIOUS CROSSWORD PUZZLE

25 Rears27 Singer Eugenio29 Ilocos or Camarines31 Location33 olfactory organ35 Increase (w/ up)36 Political patronage39 Hebrew letter

59-79-38-48

5

1 2 3 4

7 8 9 0

689 PASA

KAY

BWM ANGLE GUIDEFOR OCTOBER 2811AM, 4PM AND 9PM 3-D LOTTO DRAW

TAkE ONE: 9-8PAIRING:49, 59, 79, 8948, 58, 78, 88

Hotpairs

18-51-24-26

5

1 2 3 4

7 8 9 0

621 PASA

KAY

BWM ANGLE GUIDEFOR OCTOBER 3111AM, 4PM AND 9PM 3-D LOTTO DRAW

TAkE ONE: 1-2PAIRING:14, 15, 17, 1842, 52, 72, 8214 + 6789 = 415, 418 ...15 + 6789 = 516, 518 ...17 + 345 = 173, 417 ...18 + 345 = 318, 418 ...

42 + 6789 = 264, 274 ...52 + 6789 = 259, 258 ...72 + 345 = 357, 673 ...82 + 345 = 823, 482 ...

Hotpairs

05-07-14-16

124-134-127-137154-184-157-187176-179-146-149

5

1 2 3 4

7 8 9 0

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BWM ANGLE GUIDEFOR OCTOBER 3011AM, 4PM AND 9PM 3-D LOTTO DRAW

TAkE ONE: 1-0PAIRING:41, 51, 17, 8104, 05, 07, 0841 + 56789 = 416, 417 ...51 + 6789 = 516, 517 ...71 + 345 = 713, 417 ...18 + 345 = 183, 418 ...

49 + 012 = 490, 491 ...59 + 012 = 590, 591 ...79 + 024 = 790, 279 ...89 + 0134 = 894, 893 ...

04 + 6789 = 046, 470 ...05 + 6789 = 605, 570 ...07 + 345 = 073, 074 ...08 + 345 = 308, 480 ...

48 + 012 = 715, 716 ...58 + 012 = 728, 726 ...78 + 01245 = 087, 718 ...88 + 1235 = 828, 858 ...

Hotpairs

59-29-80-10

5

1 2 3 4

7 8 9 0

609 PASA

KAY

BWM ANGLE GUIDEFOR OCTOBER 2911AM, 4PM AND 9PM 3-D LOTTO DRAW

TAkE ONE: 0-9PAIRING:04, 05, 07, 0894, 95, 98, 7904 + 6789 = 406, 084 ...05 + 6789 = 508, 57007 + 345 = 073, 470 ...08 + 345 = 308, 480 ...

94 + 012 = 940, 294 ...95 + 012 = 059, 519 ...98 + 01245 = 819, 289 ...79 + 024 = 970, 279 ...

Hotpairs

casinodaylighTsdiamondseyesForevergoldengoldFingerlovemoonraKerocToPussyQuanTumroyalerussiasecreTservicesolacesPyThunderballTomorrowTwice 4-7

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1-0

solution

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Tousrism 13BusinessWeekmindanao

October 28-30, 2011

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

E-mail:reservations@pryceplaza.ph

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

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

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

E-mail:info@mallberrysuites.com

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

E-mail:dynasty@philcom.ph

The Marigold hotelvelez cor. luna sts, Cdo

tel nos. 856-4320, 726937

Marco ResortTel. No. 732182 / 855-220

ViP hotelA.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505

E-mail: info@theviphotel.com.ph

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

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

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

Grand City hotelA.Velez- Sts. CDO

Tel. No. 723551 / 723658 / 857-1900

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

E-mail:hotelconchitapge@yahoo.com

harbor Lights hotelGusa, CDO

Tel. No. 724878 / 855-6060

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

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

E-mail:i_agudo@hotmail.com

Apple Tree Resort and hotelTaboc, Opol, Misamis Oriental,

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

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

Pearlmont innLimketkai,Drive,CDO

Tel. No. 729111 / 856-2654 / 729455

Red Palm innEVChaves Building, Capistrano corner Cruz Taal Sts.

Cagayan de Oro CityTel. No. 721197 and 8562671

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

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

858-4245, E-mail:river@philcom.com

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

E-mail:chali_beach@yahoo.com

Nature PensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

new dawn pensionnevelez-Macahambus sts, Cdo

tel nos. 8571776, 721776email : gchreservation@yahoo.com

Middleton ApartelleLirio St. Carmen, CDO

Tel. No. 723665 / 723580 / 858-4839

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

Miami iNNVamenta Boulevard, Carmen , CDO

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

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

Malasag Eco Tourism Villages

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

hOtelsrestAurAnts

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

PANEDOTTE PASTRIES

Available at GAISANO SUPERMART and at LUMBIA AIRPORT PRE DEPARTURE AREA

Grandiose and colorful Lanzones Festival 2011

MAMBAJAO, Camiguin – The Department of Tourism (DOT X) Officer-in-charge and Trustee-Ms. Maria Elena O. Manalo revisited Camiguin Province tour-ists destinations Katibawan Falls and Ardent Spring last October 22, 2011.

The visit and assessment was done after gracing the grandiose 32nd Lanzones Festival 2011.

Katibawasan Falls, is one of Camiguin Island tourists spots which is five (5) kilome-ters southeast of Mambajao; displays a beautiful cascad-ing water that falls which measures approximately 250 feet high . Down the Falls, the locales, domestic and foreign tourists and nature lovers and enthusiasts usually take a dip of its cold water and enjoy the richness of nature.

A haven for all tourists to remember and keep on com-ing back again and again and enjoy its amenities, century old trees, the cool breeze, the cool water. Tourists will also have a grab of their favorite souvenir items as many pasalubong stalls are present in the area.

The famous Ardent Spring was also revisited which is just six (6) kilometers southwest of Mambajao proper. The hot spa of the locality is a natural pool of about 40 degrees centigrade water coming from the bowels of Mount Hibok-hibok. Ardent Spring is one tourist spot in Camiguin that brings in thou-sands of domestic and foreign tourists and never miss to be visited in this Island of your Imagination. Side trips to the Old Vulcan which is 13 kilometers west of Mamba-jao; it has a 70 to 80 meters

MAMBAJAO, Camiguin - Con-sidered as the longest running fruit festival in the country today, Camiguin Province 32nd Lanzones 2011 was again celebrated with a tremendous success by all Camiguinons being witnessed by the do-mestic and foreign tourists. It was a grandiose and colorful tableau competition held at the Camiguin Tourism Center, where storylines of the origins of Lanzones was performed, the Diwatas clad in white dresses with wand and power fighting against the forces of evil.

It showcased a festival of colors of their costumes used by the eight (8) contingents and traditions depicted by the hues of props and mesmer-izing formation and dance execution to depict the rich-ness of Camiguin, an “Island Born of Fire,” known for its natural wonders and sweet-est Lanzones-bearing trees. The Lanzones Festival depicts Camiguin tradition, its heri-tage, and the abundance of Lanzones in the area.

The 32nd Lanzones Festi-val 2011 Street Dancing and Tableau Competition held last October 22 at the main Mambajao’s thoroughfares and at the Camiguin Tour-ism Center earmarked a week long festivities from October 16-23, 2011.

With the theme “KINAIYA-HAN ATONG AMPINGAN, KALAMBOAN ALANG SA TANAN,” the festivities started with the grand opening cere-monies of UGMAD 2011 which showcased: AGRO-INDUS-TRIAL TRADE & TOURISM FAIR, UGMAD 2011 features the best agricultural, industrial and processed products of the province.

Music and Kabog Show-down, Buahanan sa Ugmad presented also “San Miguel Beer Oktoberfest”, Harana na Kinamiguing, a cooking contest of malunggay recipes, choral and folk dance com-petition, kalandrakas which features traditional dances, drums circles and colorful ethnic costumes.

The Festivities also fea-tured “Banag-Banag” dance drama presentation on na-ture and their native salad

& koter (coconut wine based drink) along with fruit and vegetable carving competition. Kabuhayan cooking demo on hot and cold meals and making up beds, table skirt-ing, cocktail wine mixing and peanut processing, kabuyayan demo on coco fiber twining and coconet making.

A pre-pass porting sys-tem and job opportunities was also showcased during the festivities, GMA Kapuso Night and the Mutya sa Bua-hanana Beauty Pageant 2011 (Miss Camiguin Tourism). The

Province of Camiguin under the dynamic and progressive leadership of Hon. Governor JJ Romualdo welcomes guests, domestic and foreign tourists to Camiguin, an Island of your Imagination as its offers destinations for the world of tourism to see and enjoy. Lanzones Festival 2011 success was well coordinated by Ms. Candice Naomi L. Borromeo-Camiguin Provincial Officer. Dept. of Tourism X-Officer-in-Charge Ms. Maria Elena Manalo graced the Festival together with DOT X staff.

Camiguin tourist spots revisited by DOT 10drop of: Landmark of the Annual “Panaad Pilgrimage”, old Catarman Church ruins located in Barangay Bonbon, 10 kilometers from Catarman Poblacion; remnants of the 1871 Vulcan Daan Erup-tion and a view of the Cross Marker & Sunken Cemetery which is 16 kilometers from Catarman proper. A huge cross which was installed in 1982, a marker of a cemetery which sank in the 1871 vulcan eruption.

C amiguin Hig h l and Resort nestled within the seven ( 7) hectares verdant coconut and lanzones farm at Lakas, Soro-soro, Mambajao, Camiguin Island, Philippines was the official hotel of DOT X and media partners cover-ing Lanzones Festivities and the visit. Camiguin Highland Resort with world class ame-nities and affordable rates is the home of government dignitaries, celebrities and foreign tourists who wish to enjoy nature and their gourmet cuisine.

At a Glance – Camiguin Island is a province teeming with natural wonders, di-verse activities, affectionate folks, nostalgic scenes and romantic aura. Camiguin is a pear-shaped volcanic island lying in the Bohol Sea some 54 kilometers southeast of Chocolate Hills and 90 ki-lometers north of Cagayan de Oro Airport; 120 kilo-meters south east of Mactan International Airport and ten (10) kilometers north of Misamis Oriental. Com-posed of 5 municipalities, namely: Mambajao (the capi-tal town) Catarman, Sagay, Guinsiliban, and Mahinog. Camiguin has two other at-tractive islets better known as White Island and Mantique Island. Each of these has unique endowments, They

are for the tourists to dis-cover, capture and cherish.

CaAMIGUIN, THE ISLAND OF YOUR IMAGINATION.

By JOE PALABAOcorrespondent

By JOE PALABAOcorrespondent

14 BusinessWeekmindanaoOctober 28-30, 2011

LEADING dental health gum brand Lotte Xylitol, in cooperation with the Philippine Dental Association (PDA), brought its campaign to promote good oral dental health to Mindanao school kids, particularly at Xavier University Ateneo de Cagayan de Oro Pueblo and Xavier University Ateneo de Cagayan de Oro Macasandig. Grade 3 and 4 school kids from the two cam-puses were treated to a day of exciting and fun activities while at the same time learned all about the 4 habits of Maintaining Good Oral hygiene. The kids were also shown the various characters of “Toothville,” a fully functional vil-lage protected by the superhero “Captain D.” Lotte Xylitol is a dental health gum that contains “xylitol,” a sugar-free sweetener that fights bad bacteria in the mouth and is sold and distributed in the Philippines by Lotte Confectionery Pilipinas Corp.

Solid Group of Companies Chairman Elena S. Lim along with DEPED Secretary Bro. Armin A. Luistro awarded 3 School houses to Mr. hillario P. Delabajan (Region XIII Basilio B. Chan Memorial School ), Narcisa L. Vil-larente (Region XI Agcawayan Elementary School), hurley M. Cordero (Region XII Lorena Central School).

My|Phone donates 3 School Houses to DEPED at the World Teachers DayDEPED celebrated the inaugural World Teacher’s Day Celebration last October 5, 2011 at the ULTRA (formerly Philsports) in Pasig with a Bang!

A strong crowd of more than 10,000 teachers, politicians, businessmen and celebrities arrived to celebrate and give respect to the teachers of the country. Celebrities Anne Curtis, Sam Milby, Sam Concepcion, Nnoy Vollante, Mike Chan, xLR8 and many more serenaded the teachers the whole morning.

Vice President Jojomar Binay was the keynote

speaker during the event and reiterated the gov-ernments support for education.

Highlight of the show was the awarding of the school houses by My|Phone thru its advocacy program My|House, My|School Teacher, My|Hero!

According to Richie S. de Quina - Vice Presi-dent for Marketing and Business Development, My|Phone thru its advocacy program has commit-ted to donate 1 School House per month for the next 5 years. A Project that will utilize its affiliate company My|House (http://www.myhouse.net.ph).

Lotte Xylitol brings dental health tour to Mindanao

Dr. Joebert Agcopra, president of the Cagayan de Oro chapter of the Philippine Dental Association (PDA); Therese Reyes, Marketing Manager of Lotte Xylitol; Dr. Angelo Fernandez, Chairman of the PDA Dental Public health (DPh) Committee; and Dr. Abby Dabba, Xavier University Ateneo de Cagayan de Oro Pueblo school dentist.

SMART SUBS DONATE TO RED CROSS VIA SMS. Smart subscribers have generated more than P600,000 in load donations via SMS in support of the Philip-pine Red Cross’ (PRC) humanitarian and disaster relief operations through a mobile application developed for Smart Communications, Inc. (Smart) by OksPinoy, Inc. Shown receiving the amount are (from left) PRC’s Director for Fund Generation Anacletz Bandril and Secretary-General Gwendolyn Pang from OksPi-noy Project Manager Ria Comsti and Sales Manager Juanchit Jose. Smart subscribers can continue to donate any of the following load denominations - P10, P25, P50, P100, P300, P500, and P1000 to augment the PRC’s efforts in helping those affected by typhoons Pedring and Quiel. All they have to do is text RED <AMOUNT> to 4143 (e.g. RED 50) or go online and donate via the Red Cross Facebook App page

hTTps://apps.facebook.com/prcbadge/

15BusinessWeekmindanao October 28-30, 2011Billboard

NEWS CAPSLRT, MRT rehab

A total of P6.3 billion has been released by the Department of Budget and Management as additional funds for the “major rehabilitation” of two elevated rail lines of the Light Rail Transit (LRT) and to buy new coaches for the Metro Rail Transit (MRT) 3.

Budget and Management Secretary Florencio Abad said that MRT 3 will be given P4.5 billion, while P1.87 billion will be spent to rehabilitate LRT Lines 1 and 2. The funds are part of the Aquino administration’s P72-billion stimulus package to counter the government agencies’ underspending for most part of the year.

Import growthSingapore-based DBS sees the country’s imports

growing at a slower pace of six percent this year from 26.9 percent last year due to weak global trade brought about by economic uncertainties in advanced countries led by the US. DBS said that imports would likely contract by 1.4 percent year-on-year for the month of August.

Public float ruleThe Philippine Stock Exchange (PSE) and Bu-

reau of Internal Revenue (BIR) could resolve in the next few days a contentious issue relating to the tax regulator’s proposal to impose higher tax charges on stock transactions involving firms falling short of the 10-percent minimum public float rule. “There is going to be continued discussions but I think there can be a mutually acceptable solution by the end of the week,” BIR Commissioner Kim Jacinto-Henares said. She did not give specifics, saying an agreement—when reached—will be revealed at the appropriate time.

WB chief visits RP World Bank (WB) Group President Robert B.

Zoellick is scheduled to arrive tomorrow and will meet with President Aquino, Finance Secretary Cesar Purisima and the rest of the government’s economic team. Over the course of his two-day visit, Zoellick will also visit a poor community and meet with rep-resentatives of civil society organizations and the private sector, the WB’s local office said.

Mining projectsThe Philippine Mining Development Corp. (PMDC)

is looking for interested investors to jointly explore, develop and mine several limestone properties, a chromite mine, two silica mines and a perlite mine property. The PMDC, which is attached to the De-partment of Environment and Natural Resources (DENR), oversees the utilization and development of the country’s mineral resources.

Mindanao power supply With the business climate already dampened by

renewed insurgency-related violence, Mindanao’s on-and-off economic boom suffered another dampener this week as rotating brownouts worsened due to a severe drop in the island’s electricity supply.

The National Grid Corp. of the Philippines, which runs the power distribution network in the entire country, said electricity supply in Mindanao was short by 81 megawatts of electricity as of Friday, forcing several areas in Mindanao to go dark intermittently.

Coco oil exportsCoconut oil exports plunged by almost half in the

first nine months due to tight supply of copra in the domestic market and a slowdown in demand abroad.

Yvonne Agustin, President of the United Coconut Association of the Philippines (UCAP), said that preliminary estimates indicate that the country’s co-conut oil exports fell 41.9 percent to 632,680 metric tons (MT) from January to September this year, from 1,088,701 MT a year ago.

In September this year alone, UCAP data shows that CNO exports reached only 49,689 MT, down 46 percent from last year’s 92,083 MT. Agustin attrib-uted the decline to the tight supply of coconut in the domestic market after three years of successive good production which stressed the trees.

Malampaya consortiumThe Malampaya consortium has agreed to provide

fuel supply for 200 compressed natural gas (CNG)-run buses, a PNOC-Exploration Corp. (EC) Vice President Joseph Omar Castillo said, adding that they are set to sign a memorandum of agreement (MOA) on November 3.

The MOA will allow PNOC-EC, which is set to take over the Mamplasan CNG station, to source its natural gas requirement from the Malampaya deep water gas-to-power project in Northwest Palawan starting 2018. LAUREL MEDIA/ALLAN MEDIANTE

Photo shows Negros Navigation-ATS Executive Vice President for Freight Business Jose Manuel Mapa (right) together with SCMAP officials headed by its president Dennis Llovido (third from left).

NN Freight, 2GO supply chain management confabAS part of its commitment to improve productivity and efficiency in its cargo business, leading shipping company Negros Navigation-ATS shared expertise with industry practitioners, the government, and the academe in the recently held Supply Chain Management of the Philippines (SCMAP) Annual Conference at EDSA Shangri-La.

THE Philippines has a rich and colorful tapestry of over 110 ethno-linguistic indig-enous groups scattered across the archipelago. They comprise 10% to 15% of the population and are considered the most dis-advantaged sector. They are generally located in ancestral territories and have high rates of unemployment, vulnerable employment and illiteracy. They are said to experience a great deal of discrimination, degradation and exploitation of their resources, and face challenges in land ownership. Sadly, the situation of indigenous peoples (IPs) is underreported or almost absent in Philippine media. When indigenous peoples are reported on, it is often about their cultural practices and idiosyncratic ways of living. They are always portrayed as victims of conf lict or discrimination. In response to the need to sustain substantial re-portage and build on what has been started already, the International Labour Organization (ILO) Country Office for the Philippines, in partnership with Probe Media Foundation (PMF), will recognize outstanding published and broadcasted stories on indigenous peoples in print, photo essay, radio, television and online media that dealt with topics such as their rights, laws, struggles, dreams, aspirations and con-tinuing efforts as beneficial citizens of this country. The recognition program entitled “Pagkilala sa mga Natatanging Kuwentong Katutubo” (Recognition of Outstanding Stories on In-digenous Peoples), is the first of its kind in the country that will highlight excellence in reportage on indigenous peoples that portrays them not only as a marginalized sector or beneficiaries but as ‘partners in development’. This program largely focuses on success stories of indigenous communities or individuals --- how they were able to empower them-selves amidst adversities and challenges as citizens of this country who usually take the back seat in the scheme of things or are lost in the stream of public conscious-ness. Stor ies publ ished or aired between August 2009 and August 2011 may be submitted to Probe Media Foundation not later than 12 midnight of November 15, 2011. Recognition shall be given to the reporter, photographer, writer or producer whose story captured the essentials of reporting on indigenous peoples. Winners will be announced on December 12, 2011. (www.ilo.org/manila, katutubomedia@gmail.com and PPI as coordinating arm for print).

ILO, media group call for entries on P stories

M’danao youth for peace movement formedDAVAO City -- Young women leaders from diversified cul-tures and religions in Min-danao recently formed the Mindanao Youth for Peace Movement aiming to lead an action program for the youth sector. The women leaders rep-resenting the youth sector from the Muslim, Christian and indigenous people’s com-munities from all over Min-danao, chose from among themselves their off icers to compose the movement’s core group. The formation of the MYPM was an offshoot of the Mindanao Young Women Leaders Congress held in the city last week which gathered about a hundred young women leaders from the 21 peace circle areas of the Mindanao Commission on Women. Dyamyla D. Mil lona, program assistant of Davao City’s Sangguniang Kabataan Federation, shared that she joined the movement in her personal capacity to take part in the action program and to improve her leadership skills. Twenty-year old Millona from the Maguindanao and B’Laan tribes said she has interest in listening to ideas and stories from her peers, as well as in sharing her own

stories and views on peace and development. Victoria Cajandig, a Sub-anen, imparted that her par-ticipation to the movement would provide a venue to bring up her group’s con-cerns and to strengthen the advocacy of protecting their ancestral lands and the en-vironment. Cajandig leads as execu-tive officer the Pikhumpon-gan Dlibon Subanen, Inc., a Pagadian City-based non-government organization representing the Subanen women. MCW chair emerita and chief executive officer Irene M. Santiago said that the MYPM will implement the action program decided at the Congress which aimed at developing new generation of “innovative and ethical” young women leaders to become “change makers.” Santiago said that as part of the preparation for the realization of the MYPM program, the women leaders will undertake skills train-ing on how to handle and resolve any kind of conf lict or dispute in their respective communities. She cited peer-to-peer counseling and mediation to be part of the training. She added that members of MCW’s grassroots-base

Mothers for Peace Move-ment have already taken the capability training on conf lict handling. Santiago urged the women leaders “to claim being third siders of Mindanao – the side of the “peacemaker, the peacekeeper and the peace builder.” “You will claim it as a new breed of leaders: in-novative, bold, creative, but more importantly, ethical,” she stated, saying that “This is what we expect you to be.” MCW chair Margie Mo-ran said that “This program can support their leadership abilities and civic engage-ment that will define the role of the youth – to make another Mindanao possible.” “It is our hope that this conference will bring a last-ing connection with the youth where women like us can mentor to enhance their competence and connection with the bigger network of women leaders,” Moran conveyed to the youth leaders at the Congress. MCW organized the Con-gress on October 20-22 at the Garden Oases in Davao City. MCW is an NGO that aims to “inf luence public policy and public opinion by incorporating the women’s perspective in peace and development.”

sMArt’s neW lOOK reveAleD. At the highly successful Black Eyed Peas concert held in Pasay City recently, Filipino-American singer, education advocate and Smart Com-munications’ newest ambassador apl.de.ap unveiled the new look of Smart as he performed a song that he wrote specifically for Smart’s new campaign, “Callin’”. The new Smart logo reflects the evolving digital lifestyle of Filipinos. Smart’s corporate name in blue remains, but its signature rays have been replaced with eight dots in various vibrant colors, to reflect the freedom and empowerment that Smart's broader range of products and services make possible.

BELIEVING that it is never too early to teach

kids to learn the value of saving for the fu-ture, Philippine Veter-ans Bank, along with ten other local banks, has launched its kid-die savings product, the Bulilit Build-Up Savings, aimed at kids up to 12 years of age. Buli l it Bui ld-Up Savings is a passbook savings account es-pecially developed by Veterans Bank for chil-dren so that even at an early age, the value of saving money can be instilled in their young minds. With just P100 pe-sos, a child can easily open a Bulilit Build-Up Savings account with any of the bank’s 60 branches nation-wide. And what makes Bulilit Build-Up Sav-ings more convenient is that a kid needs only one ID to open an account – either a birth certificate or a school ID. On the other hand, for kids below seven years old, the account will be in-trust-for (ITF) under the name of the kid’s parent or guardian. Moreover, to en-

product in the next few couple of months with a special branch-cent r ic market ing campaign in time for the Christmas season when kids are set to receive their aguinal-dos or Christmas gifts. For more informa-tion on how to open a Bulilit Build-Up Sav-ings, please visit the nearest Veterans Bank branch in your area.

PVB Bulilit Build-Up Savings – Securing the Future of Our Children

courage kids to contin-ue depositing into their account, Veterans Bank has lowered its mini-mum-to-earn-interest amount to just P1,000 for the Bulilit Build-Up Savings and there will be a 12-month build-up period whereby the account won’t be charged for dormancy or below-minimum fees. With the Buli l it

Bui ld-Up Savings , the Veterans Bank hopes to do its share in teaching the youth the value of saving. It is Veterans Bank’s commitment to the Banking on Your Fu-ture Advocacy Cam-paign of the Bangko Sentral ng Pilipinas (BSP), in cooperation with the Bank Market-ing Association of the Philippines (BMAP).

The program was formal ly launched last August 2011 in a kick-off ceremony at the BSP Complex with BSP Governor Amando Tetangco and the presidents of 11 pioneer banks joining the program including PVB President and CEO Ricardo A. Bal-bido Jr. The bank is also set to formally launch the

Kiddie Account Program LaunchVeterans Bank’s President Ricardo Balbido Jr. (standing, 3rd from right) together with other bank presidents joins BSP Governor Amando Tetangco and BMAP President Allan Tumbaga (seated, 4th and 5th respectively) in launching the Banking on Your Future Campaign last August.

of North Cotabato, the City Government of Ki-dapawan, and the No-tre Dame Broadcasting Corporation, the Exhibit will be on display at the DXWD Building along Daang Maharlika, Kida-pawan from November 5 to 18. It will be open to the public and admission is free. The Kidapawan leg of the PVB Traveling Exhibit will be formally opened on November 4 in simple ceremonies to be led by senior officers of the bank along with their special guests from the provincial and city governments as well as representatives from the Veterans Federation of the Philippines. Alongside the exhibit, noted professor and World War II historian Dr. Ri-cardo T. Jose of the Uni-versity of the Philippines Department of History will be holding a special lecture on November 3, 2011 at the Bulwagang Pag-asa, Kidapawan Cen-tral District. It is being organized in cooperation with the Department of Education – Division of Kidapawan City. Entitled “Re-Exam-ining World War II in the Phil ippines”, the event will be attended by history teachers of the different schools in the city since part of the lecture will focus on war events happening in the region.

Traveling Exhibit...(FROM P. 1)

BusinessWeekmindanao

October 28-30, 201116