businessweek mindanao oct.19,2012

P15.00Issue No. 117, Volume III • Oct. 19-21, 2012

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Business friendlyTHE Philippine Chamber of Commerce and Industry has voted Cagayan de Oro as the Most Business-Friendly’ local government unit in Mindanao. Mayor Vicente Emano in a statement said the awarding ceremony took place last Sep-tember 27. The city, he added is now one of the finalists in the search for the Most Business Friendly city in the country. “After this, among the five cities—our city for Mindanao, one from the Visayas and three (3) in Luzon will be chosen as the national winner,” the mayor added. He expresses gladness over this development say-ing this shows the unity and cooperation of Kagay-anons in ushering the city to progress.

Ad CongressDAVAO City -- Mayor Sara Duter te-Carpio welcomed the endorsement of Tourism Secretary Ramon Jimenez, Jr. for Davao City’s bid for hosting the 23rd Advertising Congress in 2013. She said it will be more significant for the city to be the venue of the Ad Congress as it would highlight the area as a destination for conventions and meetings in the country. “We will just hope that we will get to host the Ad Congress next year,” Duter te-Carpio said as she stressed that the event will also boost the local economy.

Youth empowermentBUTUAN City -- Young people from families who are affected by the declining wood indus-try in Caraga Region where provided opportunity to gain skills that would help them to be gainfully employed. A total of 75 scholars will be undergoing training on the course of Shield Metal Arc Welding NC II and 20 scholars will take the course of Gas Tungsten Arc Welding. Each scholar will be given P10,500 to fund their 34 days of training at Technical Education and Skills Development Authority (TESDA). Scholars will also receive National Certification of Na-tional Competency Assessment and they will also undergo through a Registry System under PESO for them to qualify for the local and overseas employment.

BROTHERS. Professor Abhoud Syed Lingga, member of the Moro Islamic Liberation Front peace ne-gotiating panel, and Talaandig tribal leader Victorino “Datu Migketay” Saway shake hands before exchanging bolos during the Reaffirmation of Kinship Ritual in Sungko, Lantapan, Bukidnon on March 8, 2012. PHOTO BY BONG D. FABE

By MIKE BAÑOS, Correspondent

MINDANAO’S power supply shortfall may soon be a thing of

the past when the planned 300-megawatt (MW) coal-fired power plant by FDC Utilities, Inc. at the Phividec Industrial Estate in Misamis Oriental finally starts com-mercial operations in 2014. FDC, the power and utilities unit of the Gotianum-led Filinvest Development Corp., is spearheading a consortium which recently received the approval of the Department of Energy to allow the National Grid Corporation of the Philippines (NGCP) to conduct a grid impact study (GIS) for the new project worth P19.35 billion. The Mindanao grid is expecting the power shortfall to hit 480 MW by 2014—enough to cut off the entire power supply to the cities of Davao, Cagayan de Oro, General Santos, Zamboanga and Butuan. Various projections have estimated the capacity deficit of the Mindanao

Malaysian firm casts vote of confidence for CdO with new branchTHE Philippine arm of one of Malaysia’s largest insur-ance companies is opening up a new branch in Cagayan de Oro City with confidence on its continued growth and expansion. MAA General Assurance Philippines, Inc. (MAAGAP) opens its first new branch in six years in the Philippines

and only the sixth in the country today, October 19, 2012 at the 2nd f loor of the (name of building) at the corner of Don A. Velez and Yacapin streets in the heart of the city. “MAAGAP has noted the robust growth of the region led by Cagayan de Oro City and is confident it

can generate good business from the expanding regional company,” said Bienvenido Paul C. Ferrer III, branch manager. Mr. Ferrer cited the eco-nomic indicators which in-dicate a fast moving and ex-panding economy from 2010 t0 2011 such as the 223.33%

IPs throw support behind FABamong and with all communities in Mindanao for peace to bloom in the island. “We IPs (indigenous peoples) are supportive of this agreement that will usher peace in our home-land and benefit all,” said Victo-rino “Datu Migketay” Saway of the Talaandig tribe of Lantapan, Bukidnon. Saway — a member of the Min-

danao Peoples Caucus (MPC), a grassroots network of Indigenous Peoples, Bangsamoro and Chris-tian communities and leaders who have common vision for peace in Mindanao — said that the FAB is a positive development for all IPs in Mindanao as it “expanded the IPs’ vision of a genuine and lasting peace in Mindanao.”

By BONG FABE, Correspondent

INDIGENOUS Peoples in Mind-anao have thrown their support behind the recently signed Frame-work Agreement on Bangsamoro (FAB), as the former head of the Episcopal Commission on Inter-religious Dialogue (ECID) of the Catholic Bishops Conference of the Philippines (CBCP) urged unity

Budget airlines to cover routes affected by f light stoppageWITH the reported shutting down of some f lights to key local destina-tions by other carriers, Cebu Pacific (CEB) said it is willing to add planes for the affected routes. In a statement, the airline said it “can fill the void and prevent any

MALAYSIAN/PAGE 6

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AIRLINES/PAGE 6SUPPORT/PAGE 6

2 October 19-21, 2012 EconomyEconomy www.businessweekmindanao.com

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MSMEs still vital in investments growth in Davao del NorteBy CARMENCITA A. CARILLO, Contributor

TAGUM City --The Micro, Small and Medium Enterprises still play a vital role in generat-ing investments in the country in Davao del Norte where 44 percent of the total investments generated from July to September this year was contributed by newly-registered MSMEs.

He added the remain-ing 66 percent of the local investment were generated through the monitoring of the financing and investment facilitation in the province. The loca l investment generated in the province is however 26 percent short compared to the P315.55 mil-lion investment generated during the same period last year and is a mere 35 percent of the targeted investment generation of P670.7 million for the third quarter of 2012. Galvez said the munici-

“Up to P101.765 mil-lion of the P233.35 million total investments generated during the third quarter of 2012 was contributed by the MSME sector,” Department of Trade and industry Davao del Norte Field Office acting

provincial director Vedastito C. Galvez said. Among the top invest-ment sectors of the prov-ince based on the Business Name registration are the construction, services and trading sectors.

palities and cities in the province are looking at the harmonization of their IIPs or Investment and Incentive Codes in order to better sell the province to investors. DTI data shows that compared to the 4,710 jobs generated in the third quar-ter last year, this year’s job generation is short by 66 percent at only 1,583. The number of Business Name Registration (BNRs) processed however increased by 25 percent at 599 BNRs this year compared to the

480 BNRs processed during the same period last year. Financial facilitation for the MSMEs in the province is also in full blast, he said, with up to P0.450 million received by the Marsman Agrarian Reform Beneficia-ries Cooperative (MARBCO) from the Department of Labor and Employment. The grant was used to pur-chase the machineries for the Banana Fiber Processing project of the cooperative. Galvez said a total in-vestment of P13.20 million

was also generated through financial facilitation which benefitted up to 19 MSMEs in the province. DTI continues its man-date of supporting the devel-opment of the MSME sector through market matching. It was able to match four MSMEs with NCCC namely the Tagum City Federation of Coconut Farmers Orga-nization, Mother Ignacia Research and Development Center, New Corella ALS Bayong Weavers and the Silagan Handicraft.

High-tech processor for investors’ projects eyed

By BEN D. ARCHECorrespondent

Adalin said the scan-ner will secure the copies of a l l the proposals on the investors planning to invest in the city. The fully computerized sys-tem wi l l fast-track the processing of documents and avert falsification of publ ic documents and forgery, Adalin added. Major investors from Metro Manila and Cebu City are now starting to catch sight of the city as the most preferred hub for investments. The CBO chief said the full-computerization for paperless transaction may

DAVAO City – The City Bui lding Off ice (CBO) of the City Government here will go on full sys-tem computerization in preparation for the com-ing of big investors on infrastructure projects in the city. The CBO needs at least P2.3 million for the pro-curement of equipment and computer programs of the system, and another P1.3 million for the large format scanner, CBO Chief Jaime Adalin said.

take place sometime in the last quarter of next year. Latest CBO collection data showed that a total of P52.4 million was col-lected as bui lding fees from January to August this year. The amount is 80.73 percent closer to their target of P65 million for 2012, he said. At present, Adalin said a new three-storey mall owned by Felcris Hotels and Resorts Corporation is now under construction along Quimpo Boulevard here with a total invest-ment of at least P839.9 million.

Davao overland terminal suffers drop of collection

By BEN D. ARCHECorrespondent

the terminal col lection downed by P5.106 million or a 2.63 percent decline from P5.342 million col-lected in the same period of last year. Dcott collected some P15. 209 m i l l ion f rom Ja nua r y to September this year, which is lower compared to the P15.620 million collected in same period of 2011, according to Dcott Officer-in-charge

DAVAO CITY – The plung-ing revenue col lect ion on the Davao City Over-land Transport Terminal (Dcott) has pushed the terminal management to conduct a thorough study on the present situation of the terminal. As of third quarter of this year, it was noted that

Edgardo Calvo. Collection of fees from buses posted at least P9.439 million as of September this year, which is slight-ly lower from last year’s P9.530 million collection in the same period. The col lect ion from terminal stalls and food stands a lso fel l by 5.5 percent from last year’s P2.234 million to P2.214 million this year. Other sources of rev-enues such as snacks, fold-ing bed rentals, peddlers, and comfort rooms also went down by 22.39 per-cent from P1.523 million to P1.182 million. Terminal fee collection from public utility vehicle (PUVs) also reduced by 4.21 percent from P766.00 of last year to P733.00 this year. Calvo however said the revenue contribution from passenger vans slight ly increased by 3.9 percent or from P1.578 million to P1.639 million. The Dcott of f icia ls , Calvo said will sit down to thresh out the reason of the downing collection of terminal fees and they are hoping to meet or surpass their P20 million target with the remaining months of operation this year.

3October 19-21, 2012MotoringMotoring www.businessweekmindanao.com


Toyota to recall 22,000 cars sold in PH over fire riskTOYOTA Motor Philippines Corp on Wednesday said it is recalling 22,000 units of vehicles sold from 2006 to 2010 over a fi re risk emanating from faulty electric windows. Th is is part of a global recall of 7.43 million vehicles in a fresh blow to the Japanese carmaker’s reputation for safety. Rommel Gutierrez, TMPC vice president, said the recall includes the Camry, Corolla, RAV4, Vios and Yaris models, mostly manufactured in Japan and Th ailand. Gutierrez said the com-pany as soon as possible will start identifying owners of aff ected vehicles. Th ey will be informed through mail. Toyota will either “apply a specialized grease or replace specifi c components when deemed necessary,” he said. “Th ere is a defect in the

driver’s side power-window switch, which can cause ear-lier wear in the switch and lead to it malfunctioning,” a Tokyo-based company spokeswoman told AFP. “Th ere is another concern that commercially-offered lubricant used to smooth the

switch’s movement can cause it to erode,” she added. About 2.47 million ve-hicles will be recalled from the United States, where at least one case of smoke coming from a window switch was recorded, the spokeswoman said. “We cannot pinpoint

its cause and there was no report of a fi re.” However, a statement on the fi rm’s US website said: “If commercially available lubricants are applied to the switch in an attempt to ad-dress the ‘notchy’ or sticky feel, melting of the switch assembly or smoke could occur and lead to a fi re under some circumstances.” Another 2.8 million cars will be recalled from Eu-rope and China while the remainder were from around the world including Japan, Canada, Australia and the Middle East, she said. Toyota, once lauded for its safety standards, has been forced into damage control in recent years aft er recall-ing millions of vehicles over defects. Two months ago, it added two models to a controversial

2009 recall launched aft er fl oor mats became trapped under the accelerator and were linked to accidents that allegedly caused dozens of deaths. Toyota’s mishandling of the initial problem and other reports of sudden, unintended acceleration led to the recall of more than 12 million vehicles worldwide, a US congressional probe, more than $50 million in fi nes from US regulators and public apologies by its chief. Toyota has since worked hard to regain its reputa-tion for safety, while at the same time suffering from the impact of the economic crisis, a strong yen and the devastating 2011 quake and tsunami. Th e Japanese fi rm man-aged to regain its position as the world’s number one

automaker in the fi rst half of 2012, stealing back the lead from US giant General Motors. Wednesday’s recall was the second blow for Toyota this week. It said Tuesday that sales to China plunged nearly 50 percent last month as it suff ers the impact of a territorial spat between Tokyo and Beijing that appears to be hitting trade between the economic giants. On Tuesday, Toyota ri-vals Nissan and Honda also said their September sales in China — the world’s biggest vehicle market — dropped by 35.3 percent and 40.5 percent, respectively. Th e two countries have for weeks been locked in a fester-ing row over the islands in the East China Sea controlled by Japan but claimed by China.

Nissan to install electronic ‘steer-by-wire’ in Infiniti cars

YOKOSUKA, Japan — Ja-pan’s Nissan Motor Co plans to equip some of its luxury cars with a system to control steering electronically, rather than mechanically, the first time so-called “steer-by-wire” technology will be used in mass-produced vehicles. The new technology will be introduced in some models

of the Infiniti brand within a year, Nissan said at a briefing, paving the way for cars that could one day be steered by joysticks and be programmed to avoid crashes automati-cally. Traditionally, the steering wheel of a car and the tires are linked mechanically, giving the driver direct feedback

about steering from the tires on the road. Using “steer by wire”, inputs made by the driver through the steering wheel are transmitted to a comput-erized engine control unit, which instructs an actuator how to move the tires. The cars will also have a backup clutch that will link

the steering wheel and tires mechanically in the event of any problems, but Nissan hopes this won’t always be needed. “In the future, if we are freed from that, we would be able to place the steer-ing wheel wherever we like, such as in the back seat, or

NISSAN/PAGE 6

4 October 19-21, 2012 OpinionOpinion www.businessweekmindanao.com


IGNACIO BUNYE

SPEAKING OUTSPEAKING OUT

PED T. QUIAMJOT

TRAVERSING THETRAVERSING THETOURISM HI-WAYTOURISM HI-WAY

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Older and Better

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTETHINK a minute… An older man I know was walking back to his office after eating lunch. On the way back he met a friend, so he stopped and they talked a few minutes. As they were saying good-bye to each other the old guy said to his friend: “When we met just now, which way was I walking? To my office or to the restaurant?” His fr iend answered, “You were walking to your office.” The old man smiled and said: “OK, I guess that means I’ve already had my lunch, so I better get back to work now.” That poor old

guy’s memory was so short, he really didn’t know if he was coming or going! It seems no matter how hard we try, none of us can stop from getting older. Aging is a natural law and process we simply can’t stop or change. We can exercise, eat only healthy food, take vitamins, use all the best lotions and oils on our skin, but we’re still getting older every day. And if it’s true that our memory is the first to go, then I know I’m well on my way! It’s sad that many people become grouchy, mean, or impatient as they grow older. But in fact, it should be just

the opposite. As we grow older, we should grow sweeter, kinder, more gentle and accepting of others’ faults. We should become more compassionate and understanding of other people’s needs and problems, since we’ve learned how easy it is for us to make mistakes. We should just become more caring and forgiving. Friend, if you want to get better with age, then today you can ask Jesus Christ to forgive you and take full charge of your heart and character every day. He’s the only One Who can help you start changing daily into the person you really

want to be. That’s how you can enjoy even more the second half of your life, as you grow older—and better. Just think a minute …

BUNYE/PAGE 7EMATA/PAGE 7

Walking in the fields of PeaceTHE PHILIPPINES legal holidays have recently in-cluded the proclamation of Eidul Fitri or Eid Feter as a celebration to end the Muslim fasting during the month of June. It took time for the Philippine Historical Commission to understand the positive role of Islam which has been part of our culture for the last 300 years to realize the importance of commemorating the occasion in the Muslim world. Islam has been in the Philippines since the 13th century some 200 years be-fore Ferdinand Magellan came to Masao in Butuan in 1521. Islam before the dis-covery of the Philippines was already practiced between interaction of communities and the inhabitants in mat-ters of trade and commerce. The economic activities during those period simu-lated good relations between the people of Mindanao to the outside world of Borneo, Malaysia and Sumatra were Muslims traders f ly their

trade bringing Silk, Jars, Brass Gongs and weapons. The positive role of Is-lam to the early Filipinos was replaced by the tragic confrontation between the Spaniards and the Muslims involving Christianized Fili-pinos who were used by Spain against the Muslims. The long colonial con-frontation would later reflect to the long armed struggle of today between the MILF, MNLF and the government. In one of the speeches of Former Senator, Santanina Rasul, during her incum-bency in the Senate, she mentioned the perceived gap between theory and practice as far as the Muslims are concerned on the “imple-mentation of policies and programs declared which created a lot of doubt, mis-givings and resentment over the sincerity and ability of the government to fulfill its commitment”. Muslims are guided by the rules that the relationship with non-Muslims should

be based on justice, mutual respect, cooperation and communication. Enthused by the BIMP-EAGA connectivity to the Southern Philippines Cit-ies, a peace treaty with the Bangsamoro in the stripe torn conf lict of Mindanao is a welcome development for businessmen and gov-ernment officials from our neighboring countries who are coming to the Philippines at increase random. Urban Muslims, highly educated, well travelled often with their families are in-creasingly seeking our goods and services that reflect their needs as Muslims. The expanding Muslim population worldwide which is estimated at 1.8 Billion is growing rapidly and is predicted to reach 25% of the global population in the next 10 years. This growth is expected to inf luence the economy of Mindanao. With the proposed estab-lishment of the Bangsam-oro as defined in the peace

agreement recently signed in Malacañang, positive per-spective would mean Mus-lims can start f lexing their economic muscles where business and investments are two sectors where their money is beginning to count. A great majority of big Mus-lim businessmen have access to the Middle East funds invested globally by the as-sociation of Oil Producing Countries or OPEC. General Santos, Davao City, Cagayan de Oro and Zamboanga City where Mus-

ONLY the Bangko Sentral ng Pilipinas (BSP) has the au-thority to decide whether or not a bank should be closed. This fact was reinforced in a recent decision issued by the Court of Appeals (CA), granting the BSP’s petition for review against an order of Davao City Regional Trial Court Judge Jaime Quitain. Judge Quitain had is-sued a stay order in 2006 preventing the Philippine Deposit Insurance Corpora-tion (PDIC), by the authority of the BSP Monetary Board, from liquidating the assets of the closed All AsiaBank Corporation Inc. (AsiaBank). The BSP Monetary Board had ordered the closure of AsiaBank in 2002 and placed it under the receivership of the PDIC. PDIC subsequently submitted its recommenda-tion to the Monetary Board to liquidate the AsiaBank after the bank’s principals repeatedly failed to submit a viable rehabilitation plan. In 2006, a group of de-positors filed a petition for corporate rehabilitation be-fore the Davao City RTC

BSP’s exclusive power over banksBranch 10, presided by Judge Quitain. AsiaBank had then as-sumed a different “identity.” The gist of the depositors’ proposal before the Davao City RTC: “Having forfeited its license to operate as a bank, AsiaBank would carry on not anymore as a banking entity, but as an ordinary corporation with a minimum capitalization of P300 mil-lion.” When Judge Quitain is-sued the stay order against the bank’s liquidation, claim-ing that his court had ac-quired jurisdiction over the petition for rehabilitation, the BSP and the PDIC filed a petition for certiorari before the Court of Appeals. “ The ma in issue i s : Whether the Regional Trial Court has jurisdiction over the petition for corporate rehabilitation of the bank? We rule: no, because banking institutions are under the exclusive jurisdiction of the BSP through its Monetary Board,” the CA said in a decision penned by Associate Justice Edgardo A. Camello.

Quoting Republic Act No. 7653, the New Central Bank Act, the CA said that “the actions of the Monetary Board taken under this sec-tion or under Section 29 of this Act shall be final and executory, and may not be restrained or set aside by the court except on petition for certiorari on the ground that the action taken was in excess of jurisdiction or with such grave abuse of discretion as to amount to lack or excess of jurisdiction.” As for the secondary ques-tion of whether or not the revocation of AsiaBank’s banking license automati-cally converted it into an ordinary corporation (and subject to the regular juris-diction of the RTC), the CA also answered no. The CA explained in its decision that assuming that the AsiaBank can reopen as an ordinary corporation, it has to comply with the fol-lowing requirements first: Amend its charter or ar-ticles of incorporation and bylaws; change its purpose; and obtain prior favorable

recommendation from the BSP and approval of the Securities and Exchange Commission. “Before the lower court can acquire jurisdiction over AsiaBank, it has to be con-verted first into an ordinary corporation by complying with the procedures laid down in the Corporation Code. Absent such compli-ance, AsiaBank is sti l l a bank in the eyes of the law subject to the supervision and jurisdiction of petition BSP,” the CA said. In explaining why Asia-Bank’s depositors’ position

QUIAMJOT/PAGE 7

THE WEIRED FILIPINO VOTERS

MANY Filipinos are wonder-ing why they remain poor for decades and the country is struggling everyday for even longer period. A lot of them could not eat three times a day and living in dilapidated homes while others even live much harder. There is no solutions to their age-old problems no matter how they move on to survive. It appears there is no clear solution and they will go on life in such situation. Indeed, this is terrible and really unbearable. From Luzon to Mindanao, people cling to extreme hard-ship while they go on in their battle for everyday existence. It just seems impossible to make life a little bit easier especially so because there is no help from the govern-ment. The latter is making its way forward even more with hardship. Some leaders want to help the poor people with their problems but are helpless too n because the government itself is having difficulty in its existence. To analyze the real situa-tion especially on the issue of poverty, it seems the matter has been the mistake of the Filipinos involved because they do not know how to elect public officials. When elections time come, they anticipate for cash in ex-change of their votes. These particular Filipinos cannot vote for the right persons of their choice. They had to be paid some amounts in order to vote. Naturally, the candidates who can pay larger amount per vote win

even if the candidates have nothing in their head. How long has this system of voting been going? Nobody can specifically pinpoint but one thing vote-buying has been existing every elec-tions for many, many years. Filipinos are happy during election time because they can get help from the can-didates on top of the actual amount in payment of their votes. For how long this will stay in our country nobody knows. Right now there is no solution for such a problem. We notice we have lots of leaders who are uneducated. They do not know how to lead the people. They think the shortest way to make money is by way of becom-ing a political leader. So be it and a lot of faces who have not gone to universities for a higher education become top politicians. This is cer-tainly ridiculous but it is the fault of the Filipino voters themselves who sold their sacred right of suffrage The ugly attitude of Fili-pinos in the way the appreci-

5October 19-21, 2012CorpboardCorpboard www.businessweekmindanao.com


Liceo U, LNNCHS bag cheerleading title

By VINCENT N. LABIALContributor

through the PCA (Philippine Cheerleading Alliance). Among this year’s regional winners in the collegiate level were Liceo de Cagayan Uni-versity, 1st place; Tagoloan Community College, 2nd place; and Mindanao State University-Iligan Institute of Technology, 3rd place. The winners in the secondary level include Lanao del Norte National Comprehensive High School – Wildcats,1st place; Lanao del Norte National Comprehensive High School – Panthers, 2nd place; and St. Joseph Community High School, 3rd place. The top three schools in the two categories are qualified to compete in the NCC national championships scheduled for next year. Other participating schools include MSU-Maigo School of Arts and Trade, and Lanipao Catholic High School. The NCC will conduct the Central Luzon Regional Qualifiers at SM City-Clark on November 24 to 25; South Mindanao Regional Qualifiers at Notre Dame of Dadiangas University on December 8 to 9; and the NCR Regional Qualifiers come February 2 to 3. Last September 22 and 23, the provincial government and the 1st congressional district office of Rep. Imelda Quibran-za-Dimaporo conducted the first-ever cheerleading camp in Lanao del Norte which was participated by more than 350 high school and college students from this fast-rising province.

TUBOD, Lanao del Nor te -- Facing stif f competition from top cheering schools, Liceo de Cagayan University and Lanao del Norte National Comprehensive High School emerged regional champions in the college and high school categories respectively in the recently concluded north Mindanao regional qualifiers of the National Cheerleading Championship (NCC). The two-day event held October 13 to 14 at the sprawl-ing Mindanao Civic Center (MCC) Sports Complex was participated by seven schools from northern Mindanao. The first day included a basic safety and spotting workshop, stunts and tosses drills, motions and jumps ex-ercises, and private coaching techniques. The second day was the actual competition day where participating schools battle for the top spot in the two categories. The regional contest was sponsored by the provincial government under the “Ka-bataan Sigurado” program of Governor Khalid Dimaporo. The event was also jointly sponsored by Representative Imelda Quiberanza-Dimaporo through the initiative of Aminah Dimaporo. The cheerleading regional competition was conducted by the National Cheerleading Championship (NCC) headed by its President, Carlos Val-des III. NCC is an affiliate of the Internal Cheer Union

BPI, USAID launch credit facility for Filipino SMEs

Photo shows (from L-R): Mr. Alfonso Salcedo, Jr., BPI Executive Vice President and Head of Corporate Banking; Ms. Gloria Steele, USAID Mission Director; His Excel-lency Harry Thomas, Jr., United States Ambassador to the Philippines; Mr. Aurelio Montinola III, BPI President and CEO; and Mr. Jose Teodoro Limcaoco, BPI Family Savings Bank President.

THE United States Agency for International Development (USAID) has partnered with Bank of the Philippine Islands (BPI) for an eight-year credit facility agreement with the Bank acting as the channel and implementor of the agency’s program. Through this part-nership, BPI and USAID are reaching out to the Small and Medium Enterprises (SME) based in key provincial areas to make bank financing more accessible for more Filipino entrepreneurs. US Ambassador Henry Thomas Jr. commends the banks for their leadership in reaching out the SME sec-tor which has traditionally lacked access to capital. He states, “Working together on this facility, we are sure to lif t the entrepreneurial spirit of Filipinos. We look very much forward to work-ing with BPI and BPI Family Savings Bank so that together we can assist the Philippines to move to a higher, sustained and more inclusive growth trajectory in line with other high-performing economies of Asia.” Under this program, the USAID will issue a $35 million collective portfolio for both BPI and BPI Family Savings Bank for the use of coun-tryside SMEs as permanent working capital and capital expenditure, covering short to medium term loans from

Php 200, 000 up to Php 60 million. Says BPI President and CEO, Mr. Aurelio Montinola III, “BPI and BPI Family Sav-ings Bank remain intent in strengthening our countryside small-and-medium-sized en-terprise (SME) lending activi-ties. We are honored that we have once again been chosen to partner with USAID, an aff irmation of our role as an ally, serving as conduit for international agencies. Through this partnership with USAID, we are able to address the critical issue of access to financing, especially for

entrepreneurs based outside Metro Manila.” Eligible project sites in-clude key provinces of Laguna, Batangas, Quezon, Cagayan de Oro, Camiguin, Bukidnon, Iloilo and Bacolod – identified as priority areas dominated by small and medium size busi-nesses. SMEs continually play a large role in the country’s economic progress, accounting for 99.6% of registered busi-nesses in the Philippines. The USAID-BPI Credit Facility also contributes to the MSME Development Plan from 2011 to 2016 initiated by the Depart-ment of Trade and Industry to

realize SME growth potential and contribute significantly to the economy. Mr. Jose Teodoro Lim-caoco, President of BPI Family Savings Bank believes that SMEs are able to provide the strongest channel for regional development. He shares, “BPI and BPI Family Savings Bank, through its Ka-Negosyo Loans, remains firm in our commit-ment to support the Filipino entrepreneur – regardless of size. Indeed, we are grateful for this timely partnership as we reach out to support even more emerging Filipino countryside entrepreneurs.”

6 October 19-21, 2012 www.businessweekmindanao.com


would be possible to steer the car with a joystick,” said Masa-haru Satou, a Nissan engineer. Nissan demonstrated the technology to reporters last Friday ahead of its official announcement on Tuesday. Various automakers have already introduced the technol-ogy in concept cars, including Audi’s A2 unveiled in 2011. But Nissan is the fi rst to apply it for mass-produced cars, said Nissan engineer Toshiharu Asai. Under the new system, the driver’s intentions are transmit-ted more quickly to the wheels because of the quick speed of electronic signals, Asai said. Drivers can also man oeuvre cars more easily as the system cuts out what it deems as un-necessary feedback from the tires to the driver. Nissan also demonstrated a system that automatically steers a car away from an object if it detects a likely crash. It hopes to apply this in some cars in the next three to fi ve years. By using radars, laser scan-ners and a camera, the system automatically brakes if it senses a risk of crashing into a person, object or another car, then steers the car to a free zone if there is one, Nissan engineers said. “We are thinking about the essentials — what kind of a tool should cars be for humans? By controlling its hands and feet, as well as the eyes and the brain, cars are on its way to becoming an extension of robots,” said Tetsuya Iijima, a Nissan engineer.

Nissan...from page 3

centres. Over the years, MAAG has expanded its operations into Indonesia and the Philippines through MAA International Assurance Ltd, the off shore insurance arm of the Group. In the Philippines, it has a general insurance associated company, namely MAA General Assur-ance Philippines, Inc and MAA Mutualife Philippines, Inc, a mutual fund subsidiary. MAA General Assurance Philippines off ers insurance service for motor car, personal accident and health, property or fi re and allied perils, engineer-ing, aviation, marine and hull, casualty and bonds. MAAG will continue to diversify its businesses and operations in the years ahead in line with its plan to be a full-fl edged fi nancial services group. MAAGAP arose when MAAG purchased Paramount Insurance Corporation and renamed it MAA General Assurance Philippines. Full-scale operation commenced in September 1, 2001 aft er it was granted a license by the Insurance Commission. Under the presidency of Mr. Daniel C. Go, and the able leadership of Mr. Richard Goh, CEO of MAA International based in Malaysia, MAAGAP was able to underwrite Php 350 million in 2002, putting it among the elite Top 20 Non-life Insurance Companies in the Philippines, and 1333rd among the Top Corporations across the country. MAAGAP started its branch network in 2003 with when its fi rst branch was launched in Binondo, Manila. Five months later the second branch opened in Cebu City. Th e 3rd branch was inaugurated in 2004 in Dagupan City, Pangasinan and the Davao offi ce the following year. Th e fi ft h branch in Ba-colod City started operations in 2006. From the start, the manage-ment assured its valued clients of service quality by attaining the ISO 9001:2000 Certifi-cate of Excellence in Quality Management and awarded by Certifi cation International in November 27, 2006. MAAGAP obtained a new ISO 9001:2008 certifi cation in September 20, 2010. MAAGAP is headed by Yeo Took Keat, Chairman of the Board of Directors. He joined MAA in 1986 and has held several positions, the last of which was as Senior Vice President Finance & Admin before his transfer to MAAH in May 2002 as the Group Chief Operating Offi cer. Mr. Yeo is a Fellow of Th e Association of Chartered Cer-tified Accountants, United Kingdom and a Member of the Malaysian Institute of Accoun-tants. He is also an Executive Committee member of the Federation of Public Listed Companies Berhad and has contributed to the Working Groups on accounting stan-dards led by the Malaysian Accounting Standards Board. Presently, Mr. Yeo holds several directorships in other public companies, namely, MAA, MAA Bancwell Trustee Berhad and MAAKL Mutual Bhd. He also serves on the Boards of several private lim-ited companies in the MAAH Group. MAAGAP’s day to day op-erations is led by Daniel C. Go, President and Chief Executive Offi cer. He is concurrently the Director of MAA Mutualife Philippines, Inc., Chairman of the Board of the MAA Privilege Dollar Fixed Income Fund,

Malaysian...from page 1

Aboitiz Power is slated to activate the first unit of its 2 x 150-megawatt (MW) circulating f luidized-bed coal-fired power plant in at Barangay Binugao, Toril District, Davao City, and in Barangay Inayawan, Sta. Cruz, Davao del Sur. A proj-ect of its subsidiary Therma South Inc. APC has invested its own funds amounting to P25 billion to fast track construction. By the first quarter of 2015, Alsons Power would have activated the first 105 MW unit of its Sarangani Energy Corporation (SEC) coal fired power plant in Maasim, Sarangani. SEC has signed power supply deals with distribution utilities in South Cotabato, Agusan del Norte, Agusan del Sur and Davao del Norte for the plant’s output. A year later, the com-pany’s San Ramon Power Inc. (SRPI) in San Ramon, Zamboanga City is slated to come online as well the 2nd 105MW unit of SEC. Within the space of one year, Alsons Power would have brought a total of 310MW baseload capacity in the Mindanao Grid.

Plant...from page 1grid to remain at 450 mega-watts (MW) in 2015 unless new power plants come on-line. The National Grid Cor-poration of the Philippines (NGCP) system advisory for October 18, 2012 showed the Mindanao Grid was on Red Alert from 8AM to 12MN with a curtailment level of 410 MW arising from its grid capability of only 909 MW and load to maintain at 829 MW. If the project pushes through, it would be the second coal-fired power plant within the Phividec Indus-trial Estate after STEAG State Power Inc.’s 210MW power plant in Villanueva which started operating in 2007. STEAG is planning an expansion with an additional 105MW unit to meet rising demand in the Mindanao grid which has been growing as much as eight percent an-nually for the last few years. The local government of the host municipality of Villanueva would not oppose the establishment of another coal plant provided it com-plies with the pertinent laws and not pose a hazard to the health of its constituents, said Jimmy E. Agcaoili, personnel officer designate. FDC earlier planned to construct a $200-million LNG power plan on the same site but shelved plans to shift its focus to clean coal and biomass due to the rising prices of gas following the tsunami disaster in Japan and the imminent release of the government’s LNG Master Plan. Jesus Alcordo, FDC Utili-ties Inc. president, said the consortium scaled down plans to install 1,640 MW of capacity in four LNG plants all over the country. “It doesn’t mean that in the future there won’t be op-portunities for LNG. In the short term, we will focus on other kinds of power plants,” said Jonathan Gotianun, FDC chair. FDC has also applied for a grid impact study for its proposed 20-megawatt biomass-coal thermal power project in Davao Del Norte. Documents show the DOE has issued clearances to over 30 power companies to con-duct GIS for their respective power projects. For Mindanao, these include SMC’s proposed 300MW coal-fired plant in Davao and 150-MW for South Cotabato; PhilNewEnergy’s 30-40MW solar projects in Misamis Oriental and 40-50MW solar plants in Davao; Global Green Power PLC 35-MW biomass power plant in Bukidnon. For the short term, the Mindanao Development Au-thority is pinning its hopes on the 102 MW Iligan Die-sel Power Plant (IDPP) in Iligan City which could be operational in three months provided legal constraints on the transfer of its ownership from the Iligan City Govern-ment to Alsons Power are expedited. Being a bunker fueled plant, the IDPP would primarily be a peaking plant and should be a big boost to the Mindanao Grid. In another 14 months,

223.33% rise in paid up capital of new corporations registered with the Securities and Ex-change Commission (SEC), 333.84% increase in paid-up capital of existing corporations; 14.85% rise in exports from US$926.91 to 1.064-billion; 10.07% rise in tourist arrivals, most especially the robust 90% rise in foreign tourist arrivals; 14% in tax collections by the BIR; and 12.14% increase in the number of motor vehicles registered. Th e Philippine Chamber of Commerce and Industry (PCCI) recently cited Cagayan de Oro as the “most business-friendly local government unit” in Mindanao. MAAGAP provides in-novative non-life insurance solutions, such as MAA Auto Assist, MAA Personal Accident and Health Plans, and MAA Property Insurance. Th e com-pany also has fi re, engineering, casualty, aviation, marine and hull insurance and surety. MAAGAP is an affi liate of the MAA Group of Companies, whose parent company is MAA Group Berhad (“MAAG”) - [formerly known as MAA Holdings Berhad] Controlled by the Melewar Group, MAA Group Berhad is listed on the main board of the Bursa Malaysia Securities Berhad. MAA Group Berhad aims to be the leading insurance and fi nancial services provider in South East Asia with its dominance in Malaysia and its representation now visible in Indonesia and the Philip-pines. It is one of the Malaysia’s leading insurance companies in terms of annualized new business premiums for life insurance business and total gross premiums for general insurance business. MAAG through its subsid-iaries and associated companies are involved in general and life insurance businesses, including off shore and reinsurance busi-nesses, hire purchase, leasing and other credit facilities, unit trust, property management, fund management and invest-ment advisory, security and consultancy services and the operation of charitable dialysis

Inc. and MAA Privilege Peso Fixed Income Fund, Inc. He joined MAA General Assur-ance Philippines, Inc. in 2001. Prior to joining MAA, Mr. Go held various positions at Prudential Guarantee & Assur-ance, Inc., the last being Vice President for Marketing. He is Ex-Offi cio and Past President of the Association of Insurance Claims and a Member of the Philippine Insurers Club.

Butuan, Cotabato, Cagayan de Oro, Dumaguete, Dipolog, Le-gazpi, Puerto Princesa, Roxas, Tacloban and Zamboanga.” It earlier announced more fl ights out of Cagayan de Oro, Puerto Princesa, Tacloban and Zamboanga, as part of the 10 domestic routes CEB is launching in the second half of 2012. Th ese new routes are Cagayan de Oro to Zamboanga; Puerto Princesa to Iloilo and to Davao; and Tacloban to Iloilo, the company said. Th e country’s fl ag carrier Philippine Airlines (PAL) has already indicated that they will end its Cagayan de Oro-Manila fl ights and vice-versa starting Oct. 28 due to the rationaliza-tion of their operation. In its behalf, its sister company PAL Express, a budget carrier, will take the cudgel and is report-edly adding fl ights in the said route. As of June 30, Cebu Pacifi c operates a network serving 52 domestic routes and 28 international routes with a total of 1,885 weekly fl ights, a Philippine Stock Exchange fi ling by its operator Cebu Air, Inc. showed. The company currently operates 10 Airbus A319s, 21 Airbus A320s and eight ATR 72-500 aircraft . Its fl eet of 38 aircraft have an average age of 3.6 years. Th e airline is looking to serve 14 million passengers for both domestic and inter-national operations this year, 16.66% up from last year’s 12 million. Cebu Pacifi c fl ew 6.64 million combined international and domestic passengers in the fi rst half; up by 20.07% from 5.53 million year-on-year, data from the Civil Aeronautics Board showed.

Airlines...from page 1

of life (uyaga), and mutual obligation to help the needy (pagbatunbatuna). A marker commemorating the historic event was unveiled at the grounds of the School of Living Traditions of the Talaandig tribe. “This event g ives us the opportunity to remind us that we are one people, we have one goal and our struggle is also one,” stressed Abhoud Syed Lingga, a mem-ber of the MILF peace nego-tiating panel. “This is a very significant event because we also have a common problem regarding our land. And this will bind us together to preserve whatever remains of our homeland, our cul-ture, political power and economic resources.” Histor ica l ly, t he Is-lamized and non-Islamized natives of Mindanao are all “descended from Apu Agbibilin and Bae Ginama-yung,” said Talaandig tribal chieftain, Adolino “Datu Makapukaw Kinulintang” Saway, elder brother of Datu Migketay. Because of this reaffir-mation of their kinship, the younger but more famous Saway said the IPs will no longer pursue their assertion to be represented in both peace negotiating panels. The Inter-Religious Soli-darity Movement for Peace (IRSMP), meanwhile, urged everyone in Mindanao to support the FAB. “The peace talks have been an important, integral part of our social agenda for the past many years, and before us now stands the most crucial moments in our joint concern and unrelenting effort. Peace is in our hands, as we often say,” the IRSMP said in a statement. The IRSMP said that the journey in the long road to peace has just begun with the signing of the FAB. And because the road is long, per-severance is needed towards the attainment of peace. “No political agreement is perfect on paper, until we make it perfect and most of all fair and fulfilling to all by dint of our deed,” he said. “Love peace, talk peace, do peace, pray peace. Good-will and platitudes are not enough. Peace is the highest prize, and because it is so it requires also the tough-est of tasks. But with all of us working together, with the Framework Agreement showing the high way, the golden prize will soon be ours as a gift of God and reward for our tears,” IRSMP added.

Support...from page 1 The FAB, signed last Mon-day, “signals the start of trust of our Moro brothers and sisters in our government. For our Moro fellows, con-gratulations, and mabuhay to our government for ad-dressing peace in the south,” he added. Archbishop Antonio J. Ledesma, former head of CBCP-ECID and a very ac-tive member of the Bishops-Ulama Forum (BUF), said that genuine and lasting peace in Mindanao will not automatically come after last Monday’s signing of the FAB. “We have to work now in the grassroots for peacebuild-ing and reconciliation,” he said, reiterating his earlier statements that the FAB is just “the beginning of the transformation of the whole Mindanao towards a culture of peace.” Ledesma, primemover of the Interfaith Forum for Peace, Harmony and Solidar-ity based here, said that sin-cerity to attain genuine and lasting peace in Mindanao from both government and the Moro Islamic Liberation Front (MILF) is needed more than ever since the “roadmap to peace” has already been signed. He said the FAB is just “part of the whole process to attain unity and solidarity” between and among the IPs, Bangsamoro and Christian settlers in Mindanao. Saway, however, said that that tri-peoples of Mindanao have already reaffirmed their kinship, thus they are united and solid behind the FAB. Last March 8, at least 18 IP tribes and 13 Bangsam-oro tribes came together in Sungko, Lantapan, Bukidnon to perform the Reaffirmation of Kinship Ritual, last done 492 years ago. The ritual reaff irmed their shared ancestry and all those who attended, includ-ing Christian settlers and visitors who witnessed the historic event, vow to respect and protect each other. The reaffirmation of kin-ship by the descendants of the brothers Apu Mamalu and Apu Tabunaway was witnessed by representa-tives of various government agencies, the MILF peace panel members and the in-ternational community. The last time the ritual took place was in Tikalaan, Talakag, Bukidnon in 1520, a year before the “discovery” of the Philippine islands by Ferdinand Magellan. Part of the ritual was the signing of a covenant on the observation of the Five Pillars of Kinship: mu-tual recognition and respect (kilalaha), mutual sharing of information (sayuda), cooperation (buliga), mutual protection and preservation

disruption in travel connectiv-ity within the country to help support economic, business and tourism growth.” “We have enough planes and more are coming this year and in the next few years to cover key local destinations and mount additional fl ights,” Candice A. Iyog, the company’s vice-president for marketing and distribution, was quoted as saying in the company’s statement. Cebu Pacifi c said it is “add-ing fl ights or exploring more route opportunities to and from

7October 19-21, 2012PropertyProperty www.businessweekmindanao.com


WILKINS...from page 8

Just like mothers, the purity of their love for their families makes them the recipient of this event. It is a tribute, a way of say-ing ‘thank you,’ for all their hardships and uncompro-mising love that they have bestowed on their family and loved-ones.”

Echoing the message of Mr. del Rosario, Mr. Rod Nepomuceno, the Managing Director of Crush Commu-nications, Inc., the organizer of the Super Mom Search for the Mother of the Year intimated during the press conference, “No matter how old you are, a mother con-siders you as her little baby.

From your fi rst step, fi rst tooth to your first fall, a mother is always there to look aft er you.

on her daily for her maternal protection and pure love.

Likewise, the search natu-rally personifi es the spirit and values of the Wilkins brand, which is known as the standard of purity and safety when it comes to drinking water.

Th e Wilkins brand em-bodies a Filipina mother’s selfl ess care for her family -- and her commitment to health and well-being above anything else.

Present at the event was the Group Brand Manager for Wilkins, Mr. Barry del Rosario. He shared that “Wilkins is safest and pure distilled drinking water that knows no trace of impurities.

Quiamjot...from page 4

elections is just beyond reha-bilitation unless we all change our behavior. The govern-ment should lead the way to stop this anomalous system of voting. There should be a strict procedure to put on their knees people who sell their votes. But how can be possible when many of our leaders are doing this themselves? So for many, many years, our elections was found to be incapacitated to do the right thing. It cannot change the wrong system of electing people because it is in the veins of many Filipinos the bad behavior of selling their votes. The matter can be corrected but it must come from the hearts of the Fili-pino voters. They must stop selling their votes and elect the candidates who really deserve even without cash. With this it is guaranteed there will be a change in our country and the lives of Filipinos.

Emata...from page 4

must fail, the CA cited the Philippine Veterans Bank Employees Union v. Vega case, which laid down the concept of liquidation as “diametrical ly opposed” or contrary to the concept of rehabilitation. “Apparently though, the depositors are not genu-inely after the restoration of AsiaBank. The petition for rehabilitation is just their strategic way to stop its liquidation and disso-lution, and ultimately get their deposits still intact,” the appellate court said. The CA further pointed out: “We do commiserate

Bunye...from page 4

Th e joy of motherhood is a secret that all mothers share -- and that we some-times do not understand.

They have a common language – a mother’s sixth sense. Mothers know best for their children – be it the safe water they drink, to the food they eat, the company they keep, and the discipline that they instill in them day-to-day.

Th is makes them the most important person in the world – simply because they are called Mommy, Nanay, Inay, Momsie and any term of endearment fi t for the queen of the house.”

The search for the WILKINS Super Mom kicked off last May 12 in SM Dasmariñas, coincid-ing with the Mother’s Day

celebration.Thereafter, the search

toured 14 diff erent SM malls during weekends, encourag-ing mall goers to nominate women in their lives who they think deserve the title “Super Mom” by

writing their story in an essay format. Th e fi nal leg of the search culminated last August 19 in SM Novaliches.

All 14 fi nalists each re-ceived P10,000 in cash and a Certifi cate of Recognition, while their nominators re-ceived P2,000 each.

The grand prize win-ner of the Wilkins Super Mom Search was awarded P50,000 cash plus a Certifi -cate of Recognition, while the nominator will receive P5,000 from the sponsors.

A MOTHER’S LOVE:

PURE AND NATURALAll 14 fi nalists equally

deserve to be on the list, not only because of their nurturing parenting style, but also for demonstrating resiliency, strong character and determination that is worthy of emulation.

Th ese mothers are seem-ingly ordinary women with extraordinary capabilities, women who in their own unique ways have surmount-ed challenges, survived the odds and engendered posi-tive changes along the way.

As mothers, these women have put their families’ needs ahead of their own, making sure that they only get the best care possible and en-joy quality of life that they deserve.

Th is nurturing trait of

mothers and their sincere commitment to their loved ones strongly resonate with the Wilkins brand, a prod-uct under the Coca-Cola Company, that continues to serve many households and families with water that is pure and safe to drink.

It has no impurities, no bacteria and no parasites that can harm your family.

In fact, it is processed according to the Code of Hygienic Practices and complies with the strictest specifi cations and standards for packaged water of Th e Coca-Cola Company, Bureau of Food and Drug (BFAD), Philippine National Stan-dards for Drinking Water (PNSDW) and the Asian Bottled Water Association (ABWA).

lims are always welcome for friendly holidays are good destination for the Muslim petroleum fund for invest-ment in tourism, energy and power generation and rural reconstruction. Al Salamu Alaikum! Or peace on us in Mindanao, Muslims and Christians shall be sharing more in prosperity and in a new bar of devel-opment in the Bangsamoro cities and provinces.

with that perfectly human feeling (of grief ) that im-pelled this suit. Yet banking business is so impressed with public interest that

to deny this petition and allow the rehabilitation of a bank, which to the mind of the BSP is utterly unable to resume its business with

safety to all concerned, is to expose the general pub-lic to a clear and present financial peril.”

* * *

My book, “Central Bank-ing for Every Juan and Ma-ria” will be available start-ing November 16, through Fully Booked, Bonifacio

Hig h St ree t , Bon i fac io Global City. You may e-mail us at [email protected].

Scale model of the planned Camella Condo Homes in Cagayan de Oro.

Vista Land unveils new tack in growing condo market• vertical developments in Cagayan de Oro, Metro Manila underwayVISTA Land & Lifescapes Inc., a listed property developer led by the family of Sen. Manuel Villar Jr., is adopting a new ap-proach to tap the fast-growing condominium market as it eyes revenue contributions here to potentially double in a year. In a statement, Vista Land said it would employ a so-called vertical-village con-cept, which combines lifestyle components from its f lagship subdivision projects with its condominium developments. “We are employing the vertical-village concept, which will allow residents in our condominium projects to enjoy the spacious comfort usually available only to subdivision and townhouse residents,” Vista Land President and Chief Executive Off icer Manuel Paolo Villar said in the state-ment.

“The vertical concept or strategy also means Vista con-dominiums would be distinct from the usual restricted box structures that sprout in Mega Manila today, he added. Brian Edang, investor-relations officer with Vista Land, said vertical projects could contribute 10 percent to 15 percent of revenues next year from the current 7 per-cent. Vista Land booked a net income of P2.17 billion in the first half, up 25 percent, as revenues jumped 22 percent to P8.08 billion. Vista Residences builds and manages all the condo-minium projects of Vista Land and Lifescapes that cater to three main market segments Camella Condo Homes for the low-income segment, Crown Asia Homes for the upper and middle-income group and

Brittany for the high-income segment. Camella is now undertak-ing vertical developments in Metro Manila and Cagayan de Oro City. Camel la Condo Homes (CCH) already have five me-dium- and high-rise vertical projects in Metro Manila Lau-reano di Trevi, CCH Taguig, CCH Pasig and the university projects (CCH Taft and CCH Katipunan). Camella is building two more projects: 878 España CCH in the University Belt in Manila and CCH Cagayan de Oro. Crown Asia Residences and Brittany also offer con-dominium projects, the state-ment showed. Among these is Brittany’s The Hudson at the Fort, which has a sales value of P3 billion.

Strong demand noted from young buyersA XIS R ESIDENCES, a joint venture resi-dential condominium of developers Robin-sons Land Corp. and Federal Land, Inc., is over 40% sold just one month after the project broke ground, thanks to robust demand from young professionals, a Robinsons Land execu-tive said. “More than 40% sold, [with] 20- to 35-year-old single young profes-sionals being the bulk of buyers,” Roseann C. Vi l legas , Robi nsons Land corporate public relations manager, said when asked for the lat-est update on the sale of units at Axis Residences. Robinsons Land and Federal Land last month

started building Axis Residences, a two-tower, 42-storey condominium under Robinsons Land’s Communities brand, on a 21,000-square-meter (sq.-m.) lot along Pio-neer Street in Manda-luyong City. A x i s R e s i d e n c e s is being built within Robinsons Cybergate Complex, Robinsons Land’s business process outsourcing (BPO) hub in Mandaluyong City that is currently home to big-name firms such as Accenture, TeleTech, Prople, and Emerson, among others, the state-ment noted. “The main sel l ing point [of Axis Residenc-es] is really its location. There are a lot of BPO

locators in the area, which overall makes it an attractive develop-ment for buyers,” Ms. Villegas said in a tele-phone interview, also yesterday. In addit ion to its proximity to high-traf-fic business locations, Axis Residences is also accessible from key Met-ro Manila thoroughfares and commercial hubs. “A x i s Re s idenc e s provides the… edge of being at the center of all the important residen-tial, business, shopping, leisure, educational and enter ta inment hubs. Future residents can enjoy Axis Residences’ proximity to key areas like Makati City, Manila and Quezon City and

major thoroughfares such as EDSA (Epifanio de los Santos Avenue) and C-5 [Road]. It is l ikewise… accessible via different modes of public transportation i nc lud i ng t he M RT (Metro Rail Transit),” according to a recent statement on the project. Upon complet ion, Axis Residences wi l l have a tota l of 1,832 24-sq.-m. deluxe and 50 -sq.-m. exec ut ive units, priced P1.9 mil-lion to P4 million each, with the development’s first tower scheduled for turnover in July 2015. The condominium w i l l h ave f ac i l i t i e s like an entrance lobby with reception counter, closed-circuit television

monitoring in select areas, automatic smoke detector and fire alarms with sprinklers, elevated water tank and under-ground cistern, power generator, and central garbage area. A lso avai lable for residents’ use are func-tion rooms, retail units, an adult lap pool, kids’ pool, fitness center, chil-dren’s playground, mul-tipurpose court, pavil-ion, landscape garden, and game room. L i s ted Robi nsons Land, incorporated in 1980, is the property arm of conglomerate JG Summit Holdings, Inc., while Federal Land is the property arm of conglomerate GT Capi-tal Holdings, Inc.



Mr. Anukul Kongrit, Country Director for SCG Philippine Operations (left), accompa-nied by Ms. Emilie Maramag, Vice President for Finance of Mariwasa Siam Ceramics Inc. (Center) and Mr. Jakkrit Suwansilp, VP for Sales and Marketing for Mariwasa Siam Ceramics Inc. (right), lead a toast in celebration of another milestone for the leading ASEAN conglomerate, SCG, and their architecture and interior design partners in the Philippines- the launch of the SCG Elite Card.

CELEBRITY MOM AND EVENT HOST. Dimples Romana, Group Brand Manager for Water – Barry Del Rosario, Wilkins 2012 Mother of the Year – Margarita Tubang, Crush Communications Managing Director – Rod Nepumuceno.

EVERY MOM DESERVES to be recognized for her enormous contribution to her family and society.

This year, 14 exemplary mothers were chosen from thousands of entries from all over the country to be the finalists of the “WILKINS Super Mom – The Search for the Mother of the Year 2012.”

The 14 mom-finalists were presented on October 3 at Conti’s Restaurant in Makati. From the 14 hero-moms, Mrs. Margarita P. Tubang, from Baguio, was unanimously chosen as this year’s Grand Winner. The event was hosted by celeb-rity mom and Wilkins user, Dimples Romana.

At 55, Margarita literally has her hands full with 11 children that include twins. She turned their situation into an inspiration, brav-ing different jobs to raise her kids and provide for all their needs.

Full of hard-work and

WILKINS Awards Mother of the Year 2012

determination to succeed, she beams with pride know-ing she was able to send all her children to school, some of whom have gone to graduate and secure college degrees Baguio’s prestigious St. Louis University.

The award is a fitting

tribute to the Filipino moth-er. It celebrates the diverse facets of motherhood as well as the role she plays in shaping the lives of the people who depend on her – people who depend on

WILKINS/PAGE 7

STANHOME WORLD PHILIPPINES OPERATORS CONFERENCEStanhome World Philippines (SWP) continues to make strides in the local direct selling market by opening new service centers in Metro Manila and in Northern Luzon, bringing the total number to 16 branches nationwide. SWP also held its first Operators Conference at the Manila Peninsula Hotel with SWP executives, operators, its beneficiary Virlanie Foundation and Home Care Ambas-sador Carmina Villarroel and guests gracing the occasion. SWP President Ina Quiogue revealed the company’s new products, sales incentives and future plans at the Conference. Above, the Stanhome World Philippines Sales team, led by Regional Sales and Operations Managers Yell Carreon (extreme left) and Minoy Jocson (4th from right), celebrate the event with (L-R), SWP Human Resources Manager Analyn Carmona, SWP Marikina Service Center Operator Irene Kimpo, SWP Novaliches Service Center Operator Elmer Kimpo, SWP Home Care Ambassador Carmina Villaroel, Stanhome World Research & Development Project Leader Vanina Paganelli, Virlanie Volunteer Anne Prikhodko, Virlanie Fundraising and Communications Manager Jenny Rodil and Virlanie Executive Director Alwin de Leon.

Eco-Dev’tEco-Dev’t www.businessweekmindanao.com


Editor: Allan Mediante October 19-21, 2012

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

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

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

DIVISORIA BRANCH A y. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro CityTel. # (088) 231-6739a

Standardized license plates: LTOBy Apipa P. Bagumbaran, PIA

CAGAYAN DE ORO CITY, -- The Land Transporta-tion Office (LTO) is set to standardize the license plate design of all motor vehicles in the country starting Janu-ary next year. Simeon C. Gorra, LTO-Cagayan de Oro Chief Trans-portation Registration Of-ficer disclosed this during the public consultation on motor vehicle license plates standardization program held yesterday at N Hotel, this city. Gorra said all motor ve-hicles shall be required to change its license plates with the new plate design upon the renewal of its registration and every five year thereafter under the standardization program. He, however, emphasized that motor vehicles will re-tain their plate numbers and only the plate design will be changed. Gorra said the license plate standardization pro-gram is designed to improve the motor vehicle registration database system, facilitate vehicle identification, and enhance law enforcement, among others. It will also help in pre-venting the proliferation of fake and tampered license plates, as well as, the illegal and indiscriminate transfer-ring of plates. He added the standardized

plates will have enhanced security features such as bar code containing the vehicle’s plate number, chassis and en-gine numbers, serial number of the permanent plate locks and third plate sticker. As added features, Gor-ra said the bottom portion of the standardized plates will also contain the region where the vehicle was ini-tially registered for private vehicles, the name of agency for government vehicles, the franchised route for public utility vehicles, and the port of origin for other exempt vehicles. He also stressed that only authorized LTO personnel are allowed to attach the replacement plates to the motor vehicles. The standardized plate will cost P450 for motor vehicles and P120 for mo-torcycles. Failure to replace plates once the program will be implemented shall be tan-tamount to operating or driving a vehicle which is unregistered or with invalid registration. Gorra also disclosed that the issuance of commemo-rative plates will no longer be allowed upon the imple-mentation of the standard-ization program. Existing commemorative plates will be allowed only until their respective expiration dates without further extension, he added. (APB)

A new and standard design of license plates for all motor vehicles will be issued by the Land Transportation Office (LTO). Added features of the plates will show the bottom portion naming the region where the vehicle was initially registered (for private vehicles), the name of agency for government vehicles, the franchised route for public utility vehicles, and the port of origin for other exempt vehicles.

MANILA - Environment and animal welfare groups filed a petition against the Bureau of Fisheries and Aquatic Resources (BFAR) and the Department of Ag-riculture (DA) to stop the re-export of 25 Solomon Island dolphins to Singapore which are now being held in Ocean Adventure Park in Subic. Instead, the groups call on the government to return the dolphins back to their home in the Solomon Islands. Since 2008, a total of 25

Export of dolphins assailed by groupwild-caught dolphins have been imported by Resorts World Singapore (RWS) into the Philippines from the Solomon Islands despite scientific reports from the International Union for the Conservation of Nature (IUCN) showing that the harvest of wild dolphins from the Solomon Islands may not be sustainable and could further endanger the local population of dolphins in the island nation. Starting 1 January 2012, the Solomon Island govern-

ment banned dolphin hunts in their territory. A tacit admission that the hunts were unsustainable. The latest study, participated in by no less than the Solomons government reveal that only one (1) dolphin may be harvested in every 5 years to sustain the population of the species. Despite being informed about these scientific stud-ies and the IUCN reports, dolphins were imported into the country several times in 2008, 2009 & 2011.

Trixie Concepcion of Earth Island Institute (EII) says the importation of dolphins into the Philip-pines should not have been allowed as this has violated the country’s commitments under the Convention on the International Trade of Endangered Species (CITES) as well as the Philippine Wildlife Resources Conser-vation and Protection Act or RA 9147 which states that “All activities… shall be authorized by the Secretary

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionBranch 07

Tubod, Lanao del Norte

NOTICE OF SALE OF EXECUTION OF REAL PROPERTY

WHEREAS, by virtue of an Order granting for the issuance of a Writ of Execution issued by the HON. ROSITE B. PAPANDAYAN-MACARAYA, Judge of the 6th MCTC Tubod Baroy Magsaysay, Lanao del Norte and a Writ of Execution was issued the same on August 12, 2010, in Civil Case No. 1271 entitled SPOUSES JOSPICIO T. PALANAS AND MERCEDES B. PALANAS versus RODRIGA REQUINO, for the recovery of the sum ONE HUNDRED THOUSAND PESOS (Php100,000.00) PESOS plus interest, plus Sheriff’s fees and expenses, awarded by the court, levy was made by Sheriff Conrado V. Hingco Jr. on July 25, 2012, thru the Register of Deeds of Lanao del Norte, on the rights, interests, and participation of the said property more particularly described as follows. The one half share of the childrens of Rodriga Requino only of the described property below is the subject of this sheriff’s auction sale thru its compromise agreement approved by the court and their failure to pay their debts to the complainant spouses Palanas

“A parcel of Agricultural Land situated Salong, Baroy, Lanao del Norte with an area of 14,767 square meters more or less under Original Certificate of Title No. P-7834 in the name of Regino Requino married to Rodriga Requino. Bounded on the South along line 1-2 by Lot No. 1142-M, Csd-12-001667 on the West along line 2-3-4 by Road; on the North along line 4-5 by Lot No. 1142-A, Csd-12-001667 and on the East along line 5-1 by Lot No. 1142-K, Csd-12-001667 all the improvements found thereon.

NOW THEREFORE, by virtue of said Writ Execution and in accordance with Rule 39, Section 19, of the Rules of Court, Sheriff CONRADO V. HINGCO JR. will sell at public auction to the highest bidder, for CASH and in Philippine Currency, on November 27, 2012 at 10:00 o’clock in the morning/afternoon or soon thereafter, at RTC Branch 7, Poblacion, Tubod, Lanao del Norte, the ownership, rights, interests, and participation of Judgment debtor Children’s of Rodriga Requino, in the above-described real property in order to satisfy said Writ of Execution, together with interest, costs, sheriff’s fees and the expenses of sale. Date this 3rd day of October 2012 at Tubod, Lanao del Norte, Philippines.

CONRADO V. HINGCO JR. Sheriff IV

BWM: OCT. 12, 19 & 26, 2012


12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF


NOTICE OF EXTRA-JUDICIAL SALEEJF No.: 169-07-2012

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1st Valley Bank Inc., Baroy, Lanao del Norte against MARGARITO B. OPAY, Dawis, Baroy, Lanao del Norte to satisfy the indebtedness which as of March 1, 2012 amounting to TWO HUNDRED THOUSAND PESOS (Php 200,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 27th day of November 2012 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-23,465

“A parcel of land Lot 1954-G, Psd-10-046568 being a portion of Lot 1954, Lala Pls-13 situated in Brgy. Bagong Dawis, Mun. of Baroy Prov. Of Lanao del Norte Island of Mindanao. Bounded on the NE., along line 1-2 by Lot 1954-I, (ROAD LOT) ; on the SE., along line 2-3 by Lot 1954-F; on the SW., along line 3-1 by Lot 1954-H, all of the subd. Plan Psd-10-046568. Together all the improvement found thereon; Area: 399 sq.m.

“All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this October 4, 2012.

For the Clerk of Court and Ex-Officio Sheriff


BWM: OCT. 12, 19 & 26, 2012




NOTICE OF SALE OF EXECUTION OF REAL PROPERTY

WHEREAS, by virtue of an Order granting for the issuance of a Writ of Execution issued by the Hon. Allan L. Flores, Regional Trial Court Judge Branch 07, Tubod, Lanao del Norte, and a Writ of Execution was issued the same on September 19, 2011, in Civil Case No. SPL Case No. 007-07-2009 entitled ELIZABETH LONGCOB-LONTAYAO versus CRISPOLO LONGCOB, CARIDAD LONGCOB-CABANAS, CERELINO LONGCOB, ROMEO LONGCOB, for the recovery of the sum ONE HUNDRED FIFTY THOUSAND PESOS (Php150,000.00) PESOS plus interest, plus Sheriff’s fees and expenses, awarded by the court, levy was made by Sheriff Conrado V. Hingco Jr. on January 18, 2012, thru the Register of Deeds of Lanao del Norte, on the rights, interests, and participation of the said property more particularly described as follows:

“A parcel of Agricultural Land situated Bualan, Tubod, Lanao del Norte with an area of 1,3191 square meter more or less under Cadastral Lot No. 4466-B, Assessor’s Lot No. 004, Tax Declaration No. G-0400556. Covered by Certificate of Title No. P-8228, more particularly described as follows; North Lot No. 4465, South East Lot No. 4466-A, East, North East Road Lot No. 4465, West Road Lot. With all the improvements found thereon.

NOW THEREFORE, by virtue of said Writ of Execution and in accordance with Rule 39, Section 19, of the Rules of Court, Sheriff CONRADO V. HINGCO JR. will sell at public auction to the highest bidder, for CASH and in Philippine Currency, on November 26, 2012 at 10:00 o’clock in the morning/afternoon or soon thereafter, at RTC Branch 7, Poblacion, Tubod, Lanao del Norte, the ownership, rights, interests, and participation of Judgment debtor Spouses ELIZABETH and NESTOR LONTAYAO, in the above-described real property in order to satisfy said Writ of Execution, together with interest, costs, sheriff’s fees and the expenses of sale. Date this 3rd day of October 2012 at Tubod, Lanao del Norte, Philippines.


BWM: OCT. 12, 19 & 26, 2012

DOLPHINS/PAGE 10



Congress•WatchCongress•Watch

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL


Cagayan de Oro City2012-419

OFFICE OF THE PROVINCIAL SHERIFFFile No. 2012-253

NOTICE OF EXTRA-JUDICIAL SALE

Upon Extra-judicial petition for sale under Act 3135/1508 filed by HOME DEVELOPMENT MUTUAL FUND (Pag-ibig) Cagayan de Oro City, against RAQUEL M. AGCOPRA, single, of legal age, Filipino citizen with residence and postal address at Lot 25-P & SOUTHVIEW HOMES, MACASANDIG, Cagayan de Oro City to satisfy the mortgaged indebtedness which as of August 24, 2012 amounts to FOUR HUNDRED THIRTY SEVEN THOUSAND FOUR HUNDRED THIRTY TWO PESOS & 72/100 ONLY (P437,432.72) Philip-pine Currency, including penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff or his duly authorized deputy will sell at public auction on November 21, 2012 at 10:00 o’clock in the morning at the main entrance of the Regional Trial Court, Branch 41, Capitol Compound, A. Luna Street, Cagayan de Oro City to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal property to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-192328

A PARCEL OF LAND (Lot 17-A-1, Psd-10-038456, being a portion of Lot 17-A, (LRC) Psd-45555) situated in the Barangay of Upper Macasandig, City of Cagayan de Oro, Island of Mindanao. Consisting an area of TWO HUNDRED SEVENTY-SEVEN (277) square meters, more or less.

All sealed bids must be submitted to the undersigned on the above-stated date time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, September 21, 2012

FOR THE PROVINCIAL SHERIFF By:

ALDEN V. SAMBAAN Sheriff IV

BWM: OCT. 5, 12 & 19, 2012

Republic of the PhilippinesREGIOAL TRIAL COURT

10TH Judicial Region Branch 16, Tangub City

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

NOTICE OF EXTRA-JUDICIAL SALEEJF-2012-012

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by JIMMY P. LIM against FELICIDAD PALER VDA. DE GUCOR to satisfy the mortgage indebtedness which as of March 2012 amounts to Twenty Thousand Pesos Only (Php. 20,000.00) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 31,2012 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-1582 “A parcel of land and all improvements thereon Lot 300-A-2, Psd-10- 041091.portion of Lot 300- A (LRC) Psd. 60028; situated in the Barrio of Dimalooc, City of Tangub, Province of Misamis Occidental, Island of Mindanao. Bounded on the SW. 1-2 by Lot 300 –A-1; on the NW. 2-3 by Lot A-II (Road); on the NE. 3-4 by Lot 300 –A-3, all of Psd -10-041091 and on the SE 4-1 by Lot 300-B (LRC) Psd-10-60028.

Beginning the point marked “1” on the plan being S.88 deg. 49’W., 582.45m. from BLLM No. 3 Cad 271. Thence: 1-2 N. 43 deg. 21’W., 63.48m. 2-3 N. 46 deg 26’E., 73.69m. 3-4 S. 43 deg 21’E., 63.28m. 4-1 S. 46 deg. 17’W., 73.69m.

Containing an area of FOUR THOUSAND SIX HUNDRED SEVENTY (4,670) Square meters, more or less. All sealed bids must be submitted to the undersigned on the above state time, date and place of auction sale. In the event that the public auction should not take place on said date or these is only one bidder, it shall be held on November 5, 2012 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. September 13, 2012, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF:

BY: WILLIAM C. ARANIEGO Sheriff IVBWM: OCT. 5, 12 & 19, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBRANCH 38

Cagayan de Oro City2012-441

NOTICE OF EXTRA-JUDICIAL SALEFile Number 2012-252

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135, as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (otherwise known as Pag-IBIG Fund)., with principal office at the Atrium of Makati, Makati Avenue, Makati City, against ARNOLD A. ALTERA, married to FLORDELYN T. ALTERA, with postal address at Lot 20, Blk 11, Silver Creek Subd., Pull, Carmen, Cagayan de Oro City, to satisfy the mortgage indebt-edness which as of August 24, 2012, amounts to Eight Hundred Eighteen Thousand Eight Hundred Eighty One Pesos & 88/100 (Php818,881.88), Philippine Currency, as principal, interest, charges, attorney’s fees and expenses of foreclosure, the undersigned Sheriff or his deputies will sell at public auction on November 14, 2012, at 10:00 A.M. to 4:00 P.M. or soon thereafter at the Office of the Regional Trial Court, Branch 38, 2nd Floor, Hall of Justice, Hayes Street, Cagayan de Oro City, to the highest bidder for cash and in Philippine Currency, the following real property, with all the improvements found thereon, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-209132

Lot : 20, Block 11, Psd-10-053352 Portion of Lot : 3891-P-2, Psd-10-050786 Surveyed For : CORELCO, INC., (SILVER CREEK SUBDIVISION) Land Use : Residential Location : Barangay Canitoan, now Carmen Area : Eighty (80) square meters, more or less, registered in the name of Arnold A. Altera, married to Flordelyn T. Altera.

All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title above-described and encumbrances thereon, if any there be. Cagayan de Oro City, October 9, 2012.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

REYNALDO L. SALCEDA Sheriff IV

BWM: OCT. 19, 26 & NOV. 2, 2012

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF TEODORA MAGSALAY

ALCANTARA

Notice is hereby given that the intestate estate of the Late TEODORA P. MAGSALAY ALCANTARA, who was childless and died on November 6, 1996 in Balingasag, Misamis Oriental, at the time of her death, left two (2) parcels of paraphernal properties located in Cogon, Balingasag, Misa-mis Oriental covered by Transfer Certificate of Title No. T-46072 and Transfer Certificate of Title No. T-46073 and more particularly described as follows: I . Transfer Certificate of Title No. T-46072 (Lot 1209-A, Psd-10-008130), Located at Cogon, Balingasag, Misamis Oriental. Containing an area of (4,478) square meters more or less. II. Transfer Certificate of Title No. T-46073 (Lot 1209-B, Psd-10-008130), Located at Cogon, Balingasag, Misamis Oriental. Containing an area of (383) square meters more or less, are the subject of DEED OF EXTRAJUDICIAL SETTLE-MENT OF ESTATE OF TEODORA MAGSALAY ALCANTARA, made and entered into by and among the legitimate nieces and nephews and sole heirs namely; LITA ECHANO ACEBES, of legal age, married and resident of Balingasag, Misamis Oriental, herein referred to as Heir’ ROLANDO ECHANO, representing RICARDO MAGSALAY ECHANO, of legal age, married and resident of Balingasag, Misamis Oriental, herein referred to as Heir; LIGAYA ECHANO BAGONGON, of legal age, widow and resident of Cala-cala, Barangay Cogon, Balingasag, Misamis Oriental, herein referred to as Heir; SUSAN ECHANO SALVACION , of legal age, married and resident of Cala-cala, Cogon, Balingasag, Misamis Oriental, herein referred to as Heir; JERPHY MAGSALAY ECHANO, of legal age, widower and resident of Balingasag, Misamis Oriental, herein referred to as Heir; and JOSE SHIRLITO MAGSALAY ECHANO, of legal age, married and resident of Cala-cala, Cogon, Balingasag, Misamis Oriental, herein referred to as Heir. As per Doc. No. 028, Page No. 007, Book No. XXVI, Series of 2012, under Notary Public of ATTY. SAMUEL B. ARNADO.

BWM: OCT. 5, 12 & 19, 2012

and/or their habitat.” “Aside from the fact that the import permits for the 25 dolphins from the Solomon Islands were is-sued without proper evalu-ation of the best available scientific data, the dol-phins, caught in the wild from the Solomon Islands,

Dolphins..from page 9upon proper evaluation of best available information or scientific data showing that the activity is, or for a purpose, not detrimental to the survival of the spe-cies or subspecies involved

were forcibly snatched from their families and will live short, miserable lives in captivity as show animals for Resorts World in Singapore (RWS),” said Philippine Animal Welfare (PAWS) director, Anna Ca-brera. She added that sci-entific studies have proven

that dolphins, whales, and other cetaceans are not suited for a life of captiv-ity because they are highly social creatures that are accustomed to being in families or pods. Said dolphins were brought to Ocean Ad-venture, Subic for train-

ing and kept under tight security while the marine park in Singapore is under construction. The group doubts if BFAR and the Bureau of Animal Indus-try- Animal Welfare Divi-sion (BAI-AWD) have ever inspected the condition of the dolphins in the facility.

Life imprisonment for rice hoarding and profiteering: Rodriguez

Rodriguez

TO ensure the nation’s food security and prevent future artif icial rice shortage, a lawmaker insists that the act of rice hoarding and profiteering be declared as a crime of economic sabotage. “The State must ensure food security/sufficiency to meet the needs of the people

and should penalize hoarding and profiteering especially in time of disasters and calami-ties,” Cagayan de Oro City Rep. Rufus Rodriguez and Abante Mindanao Party-list Rep. Maximo Rodriguez, Jr. declared. The Cagayan de Oro City lawmaker proposes under HB 2733, referred to and under consideration by the House Committee on Justice, that rice hoarding and profiteer-ing be declared a crime of economic sabotage to be penalized by life imprison-ment and a fine of P100,000.

As food staple, rice domi-nates the diet of roughly half the world’s population, most of them poor, the authors noted. “Ironically for us, the Philippines has 14 million hectares of agricultural lands, yet we still import rice. There were times we experienced rice shortage because of ris-ing fuel prices, f looding due to climate change, de-velopment of farmlands for homes and even gold courses, reduced global stocks, ris-ing aff luence throughout Asia and Africa and pest

outbreak in Vietnam, the world’s second largest rice exporters after Thailand,” they pointed out. To aggravate the situ-ation, Rodriguez said rice farmers and traders, taking advantage of the situation, are hoarding rice. “It is just timely not to wait until another rice shortage hits the country, whether ar-tifi cial or not, for government to move and act to prevent such food crisis affecting mostly poor families that can’t aff ord the rising prices,” the authors stressed.

House okays Family Code amendmentA BILL seeking to allow a Filipino to contract a sub-sequent marriage in cases where the a l ien spouse va l id ly obta ins divorce abroad has been approved on third and final reading at the House of Represen-tatives. Pangasinan Rep. Marlyn Primicias-Agabas, House committee on revision of laws chairman, said: “The

objective of this amend-ment is to put Fi l ipino and alien spouses on equal footing and prevent unin-tentional discrimination.” House Bi l l 4368 au-thored by Cagayan de Oro Rep. Rufus Rodriguez aims to amend Executive Order 209 to harmonize the Fam-ily Code of the Philippines with recent Supreme Court (SC) rulings.

Rodriguez said the SC ruled on Oct. 2, 2001 that a foreign divorce decree must be recognized before being enforced by a court in the Philippines. “This measure seeks to recognize divorce obtained by the alien spouse in an-other country without the need to seek judicial rec-ognition or enforcement of the foreign judicial decree

of absolute divorce,” he said. The bill would require the parties to furnish a copy to the civil registry of the judicial decree of absolute divorce that the alien spouse had obtained. T he jud ic ia l decree would have to be duly au-thenticated by the Philip-pine consul in the country where it was obtained.

The registration of the foreign judicial decree of absolute divorce in the Civil Registry would be sufficient for the issuance of a marriage license. Co-authors of the bill are Representatives Maxi-mo Rodriguez Jr. of Abante Mindanao, Augusto Syjuco of Iloilo, Jeci Lapus of Tar-lac and Catalina Bagasina of ALE.

Congress approves toy safety actACKNOWLEDGING that toys are the most popular gifts this Christmas, the House of Representatives has approved on third and final reading two bills that would protect children from harmful toys. Voting 168-0, House mem-bers approved House Bills (HB) No. 2435, 6552, and 2382 as they

underscored the immediacy of enacting measures that would keep dangerous playthings away from children. Authored by former Pres-ident now Pampanga Rep. Gloria M. Arroyo, HB 2382 to be known as the “Toy and Game Safety Labelling Act of 2011“ prescribes printing

of cautionary statements and graphics of toys that pose po-tential hazards to the health and safety of children. Aside from Arroyo, other authors of HB 2382 include Reps. Rufus Rodriguez (PMP, Cagayan de Oro City), Maximo Rodriguez (Abante Mindanao), and Diosdado Macapagal-Ar-

royo (Lakas-CMD, Camarines Sur). HB 6552 seeks to regulate the importation, manufacture, sale, and distribution of chil-dren’s toys, school supplies, childcare articles, and other products that contain toxic chemicals. Among the authors of HB

6552 are Reps. Anthony del Ro-sario (NPC, Davao del Norte), Jane T. Castro (NUP, Capiz), and Orlando Fua (Lakas-CMD, Siquijor). Arroyo strongly pushed for enactment of the bill as she noted that many child deaths have been caused by accidents caused by toys.

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DENR to enforce policy on illegal logging

CAGAYAN DE ORO CITY - Newly assumed DENR 10 Regional Executive Direc-tor Ruth M. Tawantawan cautioned regional officials on the full implementation of the ‘One Strike’ policy of the department, against illegal logging. Director Tawantawan said the government is serious in implementing Executive Order No. 23 signed by President Benigno S. Aquino III declaring a moratorium on the cutting and harvesting of timber in the natural and residual forests, and creating the anti-illegal logging task force. Under the “One Strike” policy of Secretary Ramon J. P. Paje, field officials caught circumventing the law will be immediately relieved from their post and appropriate charges will be filed against them after further verification of their offense. “Let us observe transpar-ency and integrity”, Direc-tor Tawantawan said. She exhorted DENR 10 officials and employees to have zero tolerance on graft and cor-rupt practices. At the same time she reminded officials of the “matuwid na daan” (straight path) in delivery of service to the public. She disclosed that Under-

secretary Demetrio Ignacio of the Field Operations has given her instructions to implement in the region. These instructions were discussed by Director Tawa-ntawan during her first meeting with regional officials on October 8. As part of the implemen-tation of Executive Order No. 23, the DENR 10 will effectively manage wood processing plants and seal

the entry of illegally forest products from the Autono-mous Region in Muslim Mindanao (ARMM) and Caraga region. The agency will strictly manage, moni-tor and control the ports particularly in the transport of forest products in closed vans. The participants of the meeting were composed of regional directors of the Environmental Management Bureau (EMB) and Mines and Geosciences Bureau (MGB), regional technical directors, provincial and community DENR Officers, regional division chiefs and other staffs. Director Tawantawan said massive reforestation should be undertaken to mitigate disaster in the re-gion. She further instructed the officials to be pro-active and continue to coordinate and warn local government

units (LGUs) regarding di-saster prone areas. On the National Greening Program (NGP), DENR 10 will implement a no compromise of quantity and quality of seedlings. All Provincial and Community Environment and Natural Resources Officers were told to accomplish their

respective targets before De-cember this year. Moreover, the officials were directed to submit their 2011 NGP accomplishment under oath before the end of October 2012. Likewise, field imple-menters were directed to ac-complish their targets on the Comprehensive Agrarian

Reform Program (CARP) – Patent Processing and Issuance before November 15, 2012. It was gathered that the DENR 10 will further em-bark on Information, Edu-cation and Communication (IEC) campaign on EO 23 and NGP. (ldc/denr10.rpao#10-292-2012)

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ALLAN M. MEDIANTETraining Director for PRINTAmong his accomplishments are: PPI Fellow in Civic Journalism & Grantee for Best Practice in Civic Journalism by PPI and Coca-Cola Foundation 2007-2008, National Awardee of the Philippine Press Institute (PPI) for Best in Economy & Business Reporting 1999, 2000, 2001, 2002 as awarded by PPI and Konrad Adenauer Foundation of Germany, Outstanding Journalist in Print Journalism – Titus Bhrasma Awards in Journalism 2002

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at the BWM Media Center.

PRODUCT PRESENTATION. Photo taken with Rocky Mountain

Coffee’s Roberto Ansaldo during a product presentation at

the BWM Media Center.

BusinessWeek Mindanao, Mindanao Daily News, Mindanao STAR Balita, The Cagayan de Oro TIMES, and BWM Magazine are readable and can be downloaded online via www.businessweekmindanao.com and www.mindanaodailybalita.com

In its continuing quest for journalism excellence, BusinessWeek Mindanao Advertising & Promotions takes the newspapering industry to a whole new level.

BusinessWeek Mindanao (BWM) is at the forefront of a worthwhile endeavor into honing the brilliant minds of future journalists of Mindanao.

The celebration of BWM’s third anniversary prompted a new innovation apart from just being a newspaper.

The BWM Media Center serves as a beacon of growing and nurturing the young minds of our future media practitioners.

The Media Center is a venue for trainings, seminars, w o r k s h o p s , p r o d u c t launching, meetings, and press conferences.

The Media Center also takes pride in our pool of resource speakers, staff, and the editors of the 5 publications it houses.

Publisher and BWM

Media Center CEO Dante M . S u d a r i a e n v i s i o n publications that are suited for the right kind of readers. BusinessWeek Mindanao offers the class A and B readers who are engaged in the business sector and young entrepreneurs, Mindanao Daily News (English daily) and Mindanao Star Balita (Bisaya daily) appeals to the class C and D readers who are keen on reading current events, politics, and viewpoints.

The Cagayan de Oro Times offer the class A, B, and C readers a chance to catch up on the lighter side of the city and its neighboring towns. It is a weekly paper that gives you a glimpse of the positive side of news, a paper that truly carries the banner of the city’s name.

BWM Magazine is a monthly publication targeted to class A and B readers who enjoy the leisurely and fun side of the business community.

S i n c e t h e i n i t i a l

conceptualization in the summer of 2012, The Media Center has come a long way in only a few months – already hosting regular trainings on print and broadcasting to elementary pupils and high school students in the region and the city.

The training modules are developed and constantly updated by our two in-house training directors, Joe del Puerto Felicilda, a veteran media practitioner in the field of broadcast journalism and a top caliber trainer for students who join the press conference competitions in the education sector; our training director for print, Allan Mediante is also a veteran journalist, an editor, and considered in the local media scene as an institution in his own right.

Now that the vision-tu r ne d - re a l i t y i s we l l underway, The BWM Media Center is our venue for social responsibility, rather than just plant trees or finding ways – it aims to grow minds.

Nurturing Media’s Future thru trainings

The BWM Media Center – We Grow Minds.

“I still believe that if your aim is to change the world, journalism is a more immediate short-term weapon.” – Sir Tom Stoppard, British playwright, knighted in 1997

by SHAUN ALEJANDRAE YAP UY of The Cagayan de Oro TIMES

P R I N T J O U R N A L I S M TRAINING for elementary and high school students

BROADCAST JOURNALISM TRAINING for elementary and high school students

P H O T O J O U R N A L I S M TRAINING for elementary and high school students

businessweek mindanao oct.19,2012

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