P15.00Issue No. 45, Volume III • February 3-5, 2012

SPES fundMALAYBALAY City -- The Depart-ment of Labor and Employment (DOLE) has released the amount of P1.6 million for the Special Program for Employment of Stu-dents (SPES) in the province of Bukidnon. DOLE Provincial Director Raul L. Valmores said the break down of funds released for the period of July to December 2011 are as follows: Malaybalay City LGU –200 grantees, P406,544; Mindanao Arts and Technological Institute –75 grantees, P152,454; Impasug-ong LGU –23 grantees, P39,744.00; and Bukidnon’s 1st congressional district –200 grant-ees, P406,544. He said the release is ongoing for Valencia City with 365 recipi-ents. Of this number, 300 were from Mountain View College al-loted with P609,816; Valencia City LGU –50 recipients, P101,636; and IVA Technical College –15 grantees, P30,490.00.

Xavier EcovilleXAVIER Ecoville, the joint reloca-tion and resettlement project of Xavier University and the Local Government of Cagayan de Oro, welcomed Friday the second batch of relocatees to their new neighborhood in Lumbia. The first batch of 40 families moved in on January 25, 40 days since Sendong and also the blessing of the temporary site at Xavier Ecoville. Since then, there are now 76 families in the residing in the temporary shelters. Latrines, washrooms and kitchen facilities have been pro-vided by the Human Resources Consortium, electricity lines by the Cagayan Electric Power and Light Company, Inc. (CEPALCO) and water supply by Rio Verde.

ElectrificationGENERAL Santos City b-- Fifteen remote communities in this city and nearby municipalit ies of Polomolok and Tupi in South Cotabato are set to be energized this year through the national government’s continuing rural electrification program. Joy Celeste Alora, information officer of the South Cotabato II Electric Cooperative (Socoteco II), said Wednesday they were tapped by the state-run National Electrif ication Administration (NEA) to pursue the energization of 15 more sitios and puroks in the area as part of the implementation of the government’s flagship Sitio Electrification and Barangay Line Enhancement Program. She said the target commu-nities are located in Barangays Calumpang, Sinawal and Mabuhay here; Barangays Kalkam, Palian, Polonuling and Kablon in Tupi; and, Barangays Glamang, Rubber and Palkan in Polomolok.

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‘Green’ group wantsMining Act scrapped

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- Participants of a two-day mining forum that ended here last week want the government to

scrap the 1995 Mining Act and replace it with a law that will not only protect the environment but will also provide local governments with a bigger share in the mining operations’ earnings.

RESCUE DRILL. These kids play rescue drill on their own at a temporary shelter in Bgry. Canitoan. Thousands of flood victims still remain housed in various evacuation centers in Cagayan de Oro. PHOTO BY MIKE BAÑOS

Lead participants in the forum, including academ-ics and foreign resource persons, said it would be better to stop existing min-ing projects and repeal the 1995 Mining Act to pave the way for a “Minerals Management Act” that will allow the state to take over exploration of mineral sites and allow only small-scale mining companies with a track record of best practices to operate.

In explaining the pro-posed pro-people law, Manuel P. Quibod, dean of the Ateneo de Davao University-College of Law said that while minerals are owned by the state, mining companies only pay small amounts to the govern-ment, eventually repatriat-ing profits to their home countries. Mr. Quibod said the government should get a bigger share from mining

COWD adjusts billings due to SendongBy MIKE BAÑOS, Correspondent details), COWD manage-

ment said customers whose December 2012 cycles fell within December 17-31, 2012 would be initially be billed with the minimum service charge of 10 cubic meters or P210.00 with subsequent readings from the January cycle to correct this. Appropriate adjustments, if any, will be made and reflected in the next bill. “January 2012 Cycle Bill-

THE Cagayan de Oro City Water District (COWD) will be making adjustments on its billing statements for December, 2011 and January 2012 to allow for disruptions in water deliver caused by Tropical Storm Sendong last December 17, 2011. In an advisory released last week (please refer to advisory published in page __ of this newspaper for

ings for customers residing in the affected areas will bear a 50% discount on the minimum service charge of P210.00 while December 2012 Cycle Penalty Charges for customers residing in affected areas would be condoned,” the advisory said. “In spite of the extensive damage to our facilities which constrained our sup-ply during those times, we

Survey: More Pinoys went hungry in 2011A TOTAL of 4.5 million families in the country went hungry in the last quarter of 2011, up by some 400,000 families from the previous quarter, according to the latest Social Weather Sta-tions (SWS) survey. Results of the survey conducted on December 3 to 7 last year showed that 22.5 percent of households went hungry, 1 percentage point higher than the 21.5 percent in the third quarter.

HUNGER. A survey showed hunger af-fected some 4.5 million Filipino families in the last quarter of 2011. FILE PHOTO

The incidence of hunger in the two quarters are sta-tistically identical given the margin of error of plus or minus 3 percentage points. SWS asked respondents: “In the last three months, did it happen even once that your family experienced hunger and did not have anything to eat?” Those who answered in the affirmative were further asked: “Did it happen ‘only once,’ ‘a few

DA allocates 40% of budget to MindanaoDAVAO City -- Agriculture Secretary Proceso Alcala bared that 40% of the Department of Agriculture budget including its line agen-cies will be devoted to Mindanao by 2013. Speaking before a Mindanao Rural Development Program (MRDP) press con-ference here in Davao City last January 30, Alcala said that this is the first time a huge percentage of the Agriculture budget will be going to programs in Mindanao.

Koko seeks housing program for the poor

By ALLAN MEDIANTE, Executive Editor

SENATOR Aquilino “Koko” Pimentel III has filed a bill seeking to prioritize granting socialized homes for the country’s poorest sector. Under Senate Bill No. 3104, Pimentel seeks the establishment of a government office that will take the lead in providing socialized housing programs catering to the low-income, the underprivileged and the homeless.

MINING/PAGE 4

HOUSING/PAGE 9

BUDGET/PAGE 9 SURVEY/PAGE 9

BILLING/PAGE 4

2 BusinessWeekMINDANAOFebruary 3-5, 2012 EconomyEconomy

High impact tourism projects in Siargao IslandBy MICHAEL O. CONTE, Contributor

SURIGAO del Norte -- In support of the government’s thrust in developing the tourism industry through provision of

quality infrastructure facilities leading to major tourist hubs in the country, the Department of Public Works and Highways (DPWH) as-sured the completion of high impact tourism projects in Siargao Island, Surigao del Norte which recently ranked 8th in CNN:Go’s Top 50 World’s Best Surf Spot.

tion Cancohoy-Pilar road (46.4 million), and Socorro-Nueva Estrella-Pamosaingan road (P23 million). “Of the total 153.036 kilo-meters of National Secondary Roads in Siargao Island and Bucas Grande Island, 66.85 kilometers were concrete paved during past years (2010 and back years) or 43.68% paved,” said DPWH-Siargao District Engr. Salvador E. Montil, Jr. “Th is past year 2011, an additional 3.675 kilometers were paved by end of Decem-ber, thru the implementa-

Among the high impact projects are the concreting of Junction Osmeña-Pilar road (P155.3 million), Junction

Del Carmen-Sta. Monica-San Isidro road (P152.4 million) Dapa-Union-General Luna road (P137.4 million), Junc-

tion of CY 2011 projects. Also under the 2011 DPWH Stimulus Funds/Additional Priority Projects another 8.014 kilometers will be con-crete paved however during the CY 2012,” Montil added. For the CY 2012 Regu-lar Infrastructure Projects, 18.66 kilometers of National Secondary road is already funded for implementation amounting to P429.5 million. Siargao Island is under the 1st Legislative District of Surigao del Norte repre-sented by Rep. Francisco T. Matugas.

The Surigao –Davao Coastal Road is among the SONA Strategic Road Projects in support to the Agribusiness Mindanao Super Region program.

Davao to open botanical garden and agri-product display centerDAVAO City -- A botani-cal garden and agricultural product display center in a countryside village of the city will soon rise to cater to small-scale farmers. City Agriculture Office chief Leonardo Avila said the Davao City Botanical Garden and Agri-Products Display Center will have its launching as soon as land development is completed within the quarter. Avila said the garden and agri-product display center lo-cated in a two-hectare area in Barangay Baganihan, Marilog District, will cater to small-scale farmers of ornamental plants, fl owers, vegetables and other agricultural products such as coff ee and high-value crops. He said the City Council has approved last year for the City Government of Davao to enter into a memoran-dum of agreement with the Department of Agriculture

(DA) and Department of Natural Environment and Resources (DENR) for the realization of the project. He disclosed that an initial fund of P3 million will be allocated for the project under DA’s “Agrikulturang Pinoy” that seeks to promote sustainable agriculture, food security and self-sufficiency. Of the funding, P2 mil-lion will be spent for the

construction of infrastruc-ture while the remaining P1 million is meant for the operations, he said. Beautiful sites within the premises of the garden and display center in Brgy. Baganihan such as its wa-terfalls will also be featured. Avila said that some indigenous peoples in the area are trained to serve as tour guides. He stated that the project is part of the city govern-ment’s goal of developing sustainable agriculture, agri-forestry and agri-business programs in Davao City.

OWWA grants P2.6-M loans OFWsDAVAO City -- The loan program of the Overseas Workers Welfare Admin-istration (OWWA) in the Davao Region has already granted a total of P2.6 million to qualified bor-rowers since June last year. OWWA Regional Di-rector Zenobia Caro said the loan program, started in June last year in part-nership with the Land Bank of the Philippines (LBP), has since been availed by parents or legal spouses whose family member is an Overseas Filipino Worker (OFW), whether an active or a for-mer member of OWWA. Caro said as of Janu-ary, OWWA-Davao has already issued 155 cer-tificates of trainings to the applicants and they were endorsed to LBP.

LOANS/PAGE 7

3BusinessWeekMINDANAO

February 3-5, 2012

Misamis Oriental is Galing Pook Awardee 2011President Benigno Simeon Aquino III confers the Plaque of Outstanding Program toMisamis Oriental: Turning Red to Green, represented by Misamis Ori-ental Governor Oscar Moreno, one of the recipients of the Galing Pook Awards 2011 at the Rizal Ceremonial Hall Monday January 30, 2012. Sitio Lantad’s transformation froma war zone in the 80’s to a Special Agrarian Reform Community in 2007 is a prime example of how peace and development efforts should be pursued – not by might, but through sincere and concrete efforts to reach out and make a difference in people’s lives. The Misamis Oriental LGU’s painstaking efforts to build roads and open up the community for trade and commerce helped them gain the trust of the Higaonons, indigenous people of Sitio Lantad. The eventual peace-building program demonstrates the paradigm shift from reactive to a proactive council advancing social equity, people empowerment and access to the best possible social services. The awardees of the Galing Pook are chosen from a national search of local governance programs, evaluated through a multilevel rigorous screening process based on positive results and impact, promotion of people’s participation and em-powerment, innovation, transferability and sustainability, and efficiency of program service delivery. (Photo by: Gil Nartea / Malacañang Photo Bureau).

4 BusinessWeekMINDANAOFebruary 3-5, 2012 CompaniesCompanies

“Tree planting ac-tivity is for every-body’s efforts to attain the total protection and preservation of the forest and for the riverbank stabiliza-tion,” Hedcor vice president Gregorio Jabonillo said. The host communi-ties of Hedcor across the country were ac-tively participating of its entire environ-mental endeavor. Like in Mindanao, the host communities of the 42.5-MW run-of-river Sibulan Hydro Power Plant were the one who maintain the trees planted by Hed-cor volunteers at the steeply sloping land of Davao del Sur. During the Hedcor

COMMUNITY INVOLVEMENT. Residents of Tugbok District, Davao City volunteer to plant hundreds of bamboo seedlings along the Talomo River for riverbank stabilization together with Hedcor employees.

Hedcor to plant more than 200 thousand trees in 2012

Sibulan, Inc. agree-ment of watershed management p lan with the Department of Environment and Natural Resources, local government of Davao del Sur and the community of Indig-enous Peoples, Hedcor adopted 1000 hectares of the protected areas of Mt. Apo Natural Park to contribute the preservation of river-bank. For sustainable de-velopment, Hedcor allows the host com-munities to request what trees to plant at their areas according to the farmers’ need. “Usually, their re-quested trees were narra, mahogany, mo-lave, bamboo, coco-

DAVAO – Reforestation remains at the top of the environmental initiatives after Hedcor targeted 236, 000 trees

to plant this year. The hydro firm achieved 210, 519 planted trees in Benguet, Ilocos Sur and Davao, recorded in the whole year of 2011 alone.

nut, durian, rambotan, and lanzones,” Jabo-nillo said. Hedcor listed anew of various reforesta-tion-related activities this 2012 to supple-

ment the watershed capacity due to Hed-cor’s power generation is entirely dependent to the amount of river flow. Hedcor is commit-

ted to promote Clean-ergy, AboitizPower’s brand of clean and renewable energ y, and will continue to look for more rivers to develop for run-

of-river hydropower generation. To date, Hedcor has 18 run-of-river hydropower plants in the country with a total capacity of 150 MW.

to “bring their fi nancial and technical capabilities” so that the country’s mineral resources could be extracted. He added that based on estimates, only 500 of the 25,000 areas identifi ed as prospect sites get drilled and “only one becomes a [produc-tive] mine.” Under the Constitution, Mr. Dominguez said, minerals belong to the state and that the mining companies are only contractors of the state. He added that this makes mining activities technically “projects of the state” and that those who block the implementation of such projects are “answerable to the state.” Several representatives of the Chamber of Mines had wanted to attend the environmentalists’ forum on mining at the Ateneo

Mining...from page 1for the benefi t of the people. Th e industry organization in another forum held in a separate venue on Th ursday here, however, said the proposal is impractical since explora-tion is expensive and the state does not have the fi nancial and technical capacity to take over such activities. Lawyer Leo G. Dominguez of the Chamber of Mines of the Philippines said the reason Congress passed the 1995 Min-ing Act was because it cannot aff ord to do the exploration activities as well as the mineral extraction. Mr. Dominguez said the government invited the min-ing companies to the country

de Davao University but were prevented by organizers. Fr. Joel E. Tabora, president of the university, cited aca-demic freedom in not allowing representatives of the mining companies from joining the forum. The Mindanao Business Council representing the is-land’s business chambers has consistently issued statements favoring the mining industry. “We should protect these companies because they are helping our economy,” said Vicente T. Lao, chairman of the council. Th e local government, how-ever, expressed the opposing view. In his television program on Sunday, Vice-Mayor Rodrigo R. Duterte said mining could convert remote parts of the city

into virtual wastelands. But Mr. Duterte, also a lawyer, said that even if the city government enacts an ordinance to prevent the entry of mining companies, it cannot go over the national policy that allows mining.

manager. “We also delivered water to evacuation centers and aff ected areas with the assistance of the fi re trucks of the fi re department, volunteer fi re brigade and water tankers of private companies,” she said. Ms. Sagrado added that the estimated volume of water delivered by the BFP fi re trucks and other fi re trucks/tankers owned by private entities and by other water districts who worked with COWD during the critical period does not include water extracted by other tankers who also assisted in the delivery but did not coordinate with COWD their schedules and areas of delivery, as well as additional water collected by people and vehicle from various point sources.

Billing...from page 1

we exerted all eff ort to pursue our mandate of providing wa-ter supply with the resources available to us by allowing free access to identified fire hydrants with clustered me-ters installed and production wells so people (concessionaires and non-concessionaires) can get water,” said Ms. Ladele A. Sagrado, COWD public infor-mation and relations division

“All of this water deliv-ered and extracted during this critical period was free,” she stressed. On top of all this, Ms. Sa-grado said COWD operations during this critical period were also constrained by the unavail-ability of 185 of its employees who were also victims of the killer fl ash fl oods of Tropical Storm Sendong. “Th is signifi cantly reduced manpower during that time so routine operations like meter readings and billings had to be foregone to give way to more critical tasks of higher priority,” she stressed. Furthermore, she said it would have been insensitive on the part of COWD to conduct readings and deliver bills at that time considering the situation.

5BusinessWeekMINDANAO

February 3-5, 2012CompaniesCompanies

6 BusinessWeekMINDANAOFebruary 3-5, 2012 OpinionOpinion

Give to Live

PED T. QUIAMJOT

TRAVERSING THETRAVERSING THETOURISM HI-WAYTOURISM HI-WAY

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTE

A sense of Unity

THINK a minute… You may have heard the saying, “Joy shared is joy doubled.” Giving isn’t a sacrifice, it’s an investment. We actually get back much more than we give. So don’t give until it hurts, give until it feels good. The American President, Calvin Coolidge, said: “No person was ever rewarded or honored for what he received. Honor is always the reward to people who give.” What you and I do just for ourselves dies with us. What we do for others lives on even after we die. So it’s smart to invest in the success of others. “It’s when you help someone else up a mountain that you yourself end up closer to the top.”

The principle of giving is simply a law of life that works. Just like money can only get good things for you when it is used and circu-lated. But if you do not use your money or give it away, you can’t get any enjoyment or thing of value out of it. It’s only when you give out that you make more room inside to receive. You know that the Dead Sea is dead because it only receives and never gives. It does not flow out or give to other bodies of water, so it just dies. In the same way, when we don’t give to others we plug up the natural flow of life in us. This is why selfish, stingy people are never really happy, and seldom healthy.

A successful man said: “You will be remembered for two things: the problems you solve and the problems you cause.” Each of us is created to be an answer and help to someone else’s life. A famous man put it this way: “You cannot live a successful day until you’ve done something for someone else who cannot pay you back.” The Jewish people have an important holiday every year which celebrates the giving of gifts. Everyone, including the poor, must find someone poorer than himself and give him a gift. You see, “If God can give gifts THROUGH you, He will give them TO you.” In fact, God loves us so much

that He gave His own perfect life to pay for our wrongs, just so He could share His life with us. So why not give your life to Jesus Christ today? Then you can start enjoying His successful way of giving and living every day, for the rest of your life. Just think a minute…

THE city economy partly slowed down in January as an aftermath of the Typhoon Sendong disaster. Air and land travel to Cagayan de Oro declined. Hotel oc-cupancies went down and the retail business are ac-cumulating a huge inven-tory. The banking sector has low deposit base and no one was borrowing money to fund capital expense. If there were significant banking transactions it was the heavy withdrawals for reconstruction and repairs. Relatively, with the catas-trophe, there was no other momentum in the city to carry the buying spree on the last quarter of 2011. . The economy after all just expanded 3.7 percent last year compared to the 7.6 percent growth in 2010. The national government declaration of priming up the economy by injecting money into infrastructures for the national and local government remains to be seen in the construction industries. Trading of steel, cement and heavy equip-

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RUDOLF A. KOTIK

FRANCHISINGFRANCHISING

“All about franchising”section of the Operations Manual shall be listed the knowledge an applicant shall have, together with the interpersonal skills required. Once you select the employees, a detailed in-terview is necessary to determine whether the applicant possesses those attributes you are looking for. Use a mix of close-ended and open-ended questions. A close-ended ques-tion can be answered with “yes” or “no” while in a open ended question the applicant have to give the details. Finding the right employees is just the be-ginning. Your long-term success will depend on your ability to manage and motivate your staff. The type of work your business offers will also impact how you manage

and motivate employees. In a restaurant or service business most employees will not be in career po-sitions. You may often be the first employment experience for many of your employees. Having complete, de-tailed instructions and clear, straightforward rules will be important. The most important part of managing your employ-ees is to remember you are the leader. The buck stops with you. Just as the coach is a role model for players on the team, you are the role model for how things get done in your business. You set the example for how things get done how the business operates. Rudolf Kotik is the founder of RK Franchise Consultancy Inc, which developed more than 300

Filipino Companies into Franchise Systems, with address at G/F Minnesota Mansion, 267 Ermin Gar-cia Street, Cubao, Que-zon City. Tel. 9122946, 9122973, email: rk@rk-franchise.com; websites: www.rkfranchise.com, www.fifa.ph, www.fran-chise.ph, www.cebuexpo.com.

ment rentals is hardly felt. Much more the under em-ployment figures for Janu-ary in our region went up to 26.3% compared to the 22.9% of the last quarter of 2011. Many are without jobs today compared to last year. On the national scene, a distraction to business and investment over the last 10 days is showing up on the dictum of trustworthiness of public officials. The Corona Impeachment is starting to reveal how people in the higher echelon of government are suspects in the misuse of public and donor funds over issues of ill gotten wealth? While in the local scene, we have a City Official ac-cused of “incompetence and ineptness in handling cri-sis and governance”. There was a crisis per see and of course it was not a normal way of life for all of us. We cannot expect a superman or a miracle to be created by any official. There are paradigms of leadership and they are entitled to their

ideas on how to resolve a crisis. Productivity of a city is wasted over innuendos and doubts whether our high officials are fit to govern. Much more the whole bu-reaucracy of the local gov-ernment unit is distracted and pre-occupied defending themselves. Should we join the mob and contribute in aggravating a situation into a worst case scenario of lost of confidence on leadership? In management, there is a curve called focus and attention to the objectives. There are targets set forth to accomplish a task and there are time frames allocated for the accomplishment of the management objectives. If there were 30 days wasted over bickering, definitely, there is a set back to the goal. There are only 365 days to accomplish a government fiscal program in a year, deduct 30 days, how many days are left and how much public funds are wasted? It’s our money in the first place. People who have nothing

to do or officials who want to build a name to increase their political stocks have nothing to lose. But have we imagined of incumbent and elected officials who are voted by the people to make decisions over the path of their constituents at the losing end? If the charges are not proven otherwise, then we have unfairly treated that official since public opinions are already made. Slowdowns of local busi-ness are the making of social and political diversity which undermines a good climate

QUIAMJOT/PAGE 7

offer some assistance in recruiting employees, at least you find job descrip-tions in the Operations Manual, however in most cases the Franchisee has to hire his own employees, and Franchisor provides initial training for them. As a rule, the Franchi-sor expects you to bring appropriate human re-source skills to the busi-ness along with your busi-ness management skills. If you need a lot of semi-skilled or unskilled employees, a Temporary Employment Agency can be of help providing you with the employees, then you need to hire directly only the key personnel which shall be specially good trained so they can help also in training the people provided by the agency. In the job description

ments merely provide that the Franchisor will not unreasonably withhold approval of a transfer. Others specify in con-siderable details the criteria for approval relating to the proposed transferee and the terms of the transfer. It is common for Franchisors to reserve a right of first refusal to buy the Franchi-see’s business on the same terms as are offered by a bona fide purchaser. Franchisors exercise this right to acquire franchised businesses as company-owned outlets and, occa-sionally, in lieu of denying approval of a proposed transfer when the Fran-chisor is unsure that it has sufficient grounds to disapprove a prospective transferee. Finding and developing good employees Some Franchisors do

Transfer of a franchise

FRANCHISORS restrict transfers of their Franchi-sees in order to maintain control over the persons who operate them. Such restrictions should apply to the franchise agreement, ownership of Franchisee and the assets of the Fran-chisee’s business. Typically the Franchi-sor reserves the right to approve the transferee and the terms of transfer. The right to approve the terms of transfer is important to insure that the buyer of the Franchisee’s business does not substantially overpay for it, or accept burden-some payment terms, which could jeopardize his ability to operate the business in compliance with the terms of the fran-chise. Some franchise agree-

7BusinessWeekMINDANAO February 3-5, 2012

REPUBLIC OF THE PHILIPPINESREGIONAL TRIAL COURT

10th Judicial RegionBranch 24

Cagayan de Oro City2012 – 041

IN THE MATTER OF THE PETITION FOR SPEC. PROC. NO. 2011-167CORRECTION OF ENTRIES IN THE CERTIFICATEOF LIVE BIRTH OF AGUSTINE DAQUITERA BERSABALW/ RESPECT TO HER FIRST NAME FROM “AGUSTINE”TO “AGUSTINA” , MIDDLE NAME FROM “DAQUITERA”TO “DAQUITERA” MOTHER’S LAST NAME FROM “DAQUITERA”TO “DAGUITERA” & GENDER FROM “MALE” TO “FEMALE”

AGUSTINA BERSABAL – RANOA, Petitioner, -versus-THE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY Respondent.x---------------------------------------------------/

ORDER Notice is HEREBY GIVEN, that before this Court is a certified petition for Correction of Entry in the Birth Record of petitioner in the Civil Registry of Cagayan de Oro City, alleging, among others, that petitioner was born on August 26, 1977; that her birth was duly registered in the Civil Registry of Cagayan de Oro City; that the following entries were erroneously indicated in her birth record, to wit: FIRST NAME : “Agustine” instead of “Agustina” MIDDLE NAME : “DAQUITERA” instead of “ DAGUITERA” MOTHER’S LAST NAME : “DAQUITERA” instead of “ DAGUITERA: and SEX : “Male” instead of “Female”

Thus, this petition for Correction of Entry. This petition will be called for initial hearing on February 21, 2012 at 8:30 o’clock in the morning, during which the jurisdictional requirements of publica-tion, posting and notice to all persons who have interests or claims would be affected by this petition, will be proved. Any interested person, is given fifteen (15) days from notice hereof, to file his/her opposition to the petition. SO ORDERED. Issued this 26th day of October 2011, at Cagayan de Oro City.

(Sgd.) HENRY B. DAMASING Acting Presiding JudgeBWM: FEBRUARY 3, 10 & 17, 2012

Pag-ibig Fund Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial Region

Branch 19Cagayan de Oro City

NOTICE OF EXTRA-JUDICIAL SALEFile No. 2011 – 326

2012 – 037

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118, with respect to real estate mortgage and Act 1508 with respect to chattel mortgage filed by Pag-ibig Fund, a corporation duly organized and existing under and by virtue of the laws of the Philippines with principal place of business at Pag-ibig Fund Bldg. J.R Borja St., Cagayan de Oro City against ALPHI P. SABADUQUIA married to DAISY S. SABADUQUIA, of legal age, and with postal address at Lot 4, Blk. 27, Pag-ibig City, Iponan, Cagayan de Oro City., herein referred to as the MORTGAGOR, to satisfy the mortgaged indebtedness which as of June 8, 2011, amounts to FIVE HUNDRED SIX THOUSAND ONE HUNDRED NINETY PESOS & 36/100 (Php 506, 190.36), Philippine Currency plus stipulated interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on Feb. 27, 2012, at 1:30 o’clock P.M or soon thereafter at the lobby of the Hall of Justice, Cagayan de Oro City to the highest bidder, for CASH, or MANAGER’S CHECK and in Philippine Currency, the herein described property/ies: TCT NO. T- 202455- A PARCEL OF LAND, (lot 4, BLK. 27, Pcs-10-002661, being a portion of lots 3594, 3596, 3597, 3598, 3600; Cad 237 & Lot 3595-1, (LRC) Psd-128619) situated in the barrio of Iponan, City of Cagayan de Oro, containing an area of ONE HUNDRED FORTY (140) SQ. M. more or less, including all Improvements found thereon. All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event the public auction should not take place on the said date due to holidays, it shall be held on the next working day without further notice. Cagayan de Oro City, January 23, 2012

FOR THE PROVINCIAL SHERIFF

(Sgd.) JAN B. ACERO RTC Sheriff IVBWM: FEBRUARY 3, 10, & 17, 2012

RESIDENTS of the city of Dasmariñas gave a new shop-ping concept a warm welcome when the SM Marketmall recently opened its doors to the public.

As soon as, in the SM tradition, SM executives led by SM Food Retail President Herbert Sy opened its doors to welcome the fi rst wave of shoppers, eager and excited crowds quickly packed this mall of fi rsts.

The first public-private partnership between a City Government and SM Prime Holdings, the 5-storey, more than 10,000 square meter Marketmall is envisioned to be a destination for foodies in search for fresh products and homegrown cuisine.

Housed in a modern, multi-storey building, it is well lighted and well ventilated. Open 24 hours, It is the fi rst vertical wet market develop-ment with a Hypermarekt, 1,073 wet and dry market stalls, restaurants, services, and a bagsakan area.

Shopping in the Market-

RIBBON CUTTING PHOTO. Cavite Congressman Pidi Barzaga and Vice Governor Recto Cantim-buan share honors at the SM Marketmall’s opening ceremonies together with Mrs. Felicidad Sy and SM Food Retail President Herbert Sy. Also in photo are officiating Priest Reverend Father Leoben Peregrino, SM Prime Holdings’s Hans Christian Sy, Jr., SM Supermalls President Annie Garcia, and SM Hypermarket President Robert Kwee.

SM Marketmall opens in Dasmarinasmall is easy because the stain-less steel stalls in the wet in dry areas and properly zoned and color-coded. And then, there is the convenience of the multi-level parking area with provisions for 252 vehicles, as well as accessible transporta-tion for commuters.

During opening day, customers had a glimpse of Cavite’s homegrown food off erings at the Tiendas de Dasmarinas where foods like the famous Imus Kutsinta, Tinapang Salinas, Seaweed Crackers, Gatas ng General Trias, Cafe Amadeo, Paella Negra, Marinara, and other Cavite products were show-cased.

Earlier in the day, no less than Cavite Vice Governor Recto Cantimbuhan, Das-marinas City Congressman Pidi Barzaga and Dasmarinas Mayor Jenny Barzaga shared honors in the ribbon cutting ceremonies with Mrs. Felici-dad Sy and SM Food Retail President Herbert Sy. SM Prime Holdings’ Hans Chris-tian Sy, Jr., SM Hypermarket

Robert Kwee, SM Supermalls President Annie Garcia, and Reverend Father Leoben Per-egrino also joined them.

Located along Dasmarinas Bagong Bayan Congressio-nal Road, Dasmariñas, City, Cavite, the SM Marketmall serves customers from Das-mariñas City and nearby towns such as Imus, GMA, Carmona, General Trias and even some part of Trece Mar-tirez City.

Apart from the SM Hy-permarket and the wet and dry market, it also has food tenants like Jollibee, Mang Inasal, and Chowking; as well as services like BDO, Test Point, Mr. Quickie, Dermcare, LBC, Inkrite, APD Travel, M. H Burton, A-1 Driving and Lucky Circle.

Th e SM Marketmall is not only clean, well maintained, and secure, but also has PWD friendly facilities, and sho

Th e SM Marketmall is not only clean, well maintained, and secure, but also has PWD friendly facilities, and show-cases environmentally sustain-able practices with a sewage

SM CITY CAG DE ORO

MAKE your own cellphone load retailer business with SM Department Store’s Globe AMAX Program. Buy an AMAX package for only P495.00 and get to avail 1 AMAX Retailer Sim,2 Globe Prepaid Sims, P500 worth of AMAX commercial load, AMAX notebook plus P100 SM Gift Pass. Globe Amax is available in Bills Payment Counter of Savemore branches in Cagayan de Oro. For inquiries please call SM Department Store through 859-1188 or 859-1888.

SM Department Store’sAMAX Parogram

Aquabest, the country’s leading water refilling station welcomes its newest franchisees into the growing Aquabest family with the opening of the Aquabest and Laundrybest store in Aurora Blvd. Present during the store opening were franchisees BJ Cu and Marie Anne Cu, Richard Olmedo, Aquabest’s Marketing Services Head and Roel Rabina, Aquabest’s Customer Care Coordinator.

Escudero that “this is no time to change leadership” needs a second thought among the proponent to oust the City Mayor. When business starts to suff er, should adversity be allowed to prevail? Perhaps a public sense of unity and to rally behind the leadership of the City Mayor is easier to accomplish? Th e economic upheaval in Europe and the slow re-covery of the American and the Japanese economy which ranks high as our trading partners lurks in our midst. It should caution us to localize the economic impact and to take care of our city in unity.

Quiamjot...from page 6to invest. If we cannot put our acts together and instead dwelt on agitation instead of rallying to the leadership of our city, no new investor will come because of the percep-tion of instability. Th is is proven in the tur-moil of Egypt. There was a mounting call for the re-moval of Hosni Mubarak and they succeeded in forcing his resignation. But have they improved their economy aft er one year? Th e same group of protesters is back on the streets. Th e economy of Egypt remains starved when they should be earning so much tourist receipts from the many wonders of the world found in their country. Foreign visi-tor stopped coming for fear of instability. Foreign expats went home to their countries to avoid being caught in cross-fi re. New technologies that drive industries and vital communications which were operated by the expatriates were shutdown. Th eir actions made it more diffi cult for their constituents to earn a living. The public sentiment voiced by a recent Cagayan de Oro visitor, Senator Chiz

Aft er the training, qualifi ed borrowers availed the amount ranging from P300,000 up to P2 million with an interest of 7.5 percent per annum. Th e borrowers were pro-vided sustainable business plans and the amount bor-rowed are usually used to buy equipment, especially vehicles, to start up sustain-able businesses, she said. Th e bank will be the one to purchase the brand new vehicles as stipulated in the guidelines of LBP, Caro said. pna

Loans...from page 2

8 BusinessWeekMINDANAO

February 3-5, 2012

Oscar MorenoOscar MorenoGOVERNORGOVERNOR

Norris BabieraNorris BabieraVICE GOVERNORVICE GOVERNOR

Happy fiesta to the people of

TagoloanMisamis Oriental

Greetings from:

9BusinessWeekMINDANAO February 3-5, 2012Congress WatchCongress Watch

RODRIGUEZ

Bill promoting folic acid to prevent birth defects passed

Republic of the PhilippinesREGIONAL TRIAL COURT

12TH Judicial Region, Branch 21Kapatagan, Lanao del Norte

IN THE MATTER OF THE ADOPTION OF MINOR, GE-ARNIE ABA PISON, SPL. PROC. NO. 21-462

CHILD OF SPS. ELENIE ACTUB ABAAND ROGER D. PISON (DECEASED),

SPS. MANUEL R. CATUBAY andMELGIN P. CATUBAY, FOR: “ADOPTION” Petitioners,- versus -

THE LOCAL CIVIL REGISTRAR OF LALA,LANAO DEL NORTE, and

THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL, NATIONAL STATISTICS OFFICE (NSO),EAST AVE., QUEZON CITY, METRO MANILA, Respondents.x- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - /

O R D E R Before this Court is a petition for adoption filed by the petitioners spouses Manuel R. Catubay and Melgin P. Catubay on January 3, 2012 essentially praying that after due notice, publication and hearing, a judgment be entered adjudging that the minor child, GE-ARNIE A. PISON: (1) be freed from all legal obligations of obedience and maintenance with respect to his natural parents, (2) that he be declared for all legal intents and purposes, the child of herein Petitioners; (3) that the middle name and last name of said minor be changed to PISON and CATUBAY, respectively, to conform to the last names of the Petitioners. Finding the petition to be sufficient in form and substance, the same is hereby set for initial hearing to April 04, 2012 at 8:30 o’clock in the morning at the session hall of this Court, RTC, Branch 21, Kapatagan, Lanao del Norte. Let this order be published before the hearing at least once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Lanao del Norte at the expense of the petitioner. The Office of the Department of Social Welfare and Develop-ment, Iligan City is hereby directed to conduct a case study on the petitioners and the minor to be adopted, as well as the natural parents, and submit a report relative thereto on or before the scheduled initial date of hearing. Any interested party is hereby directed to come to Court on the hearing of the petition and bring proof why the same should be denied. Furnish copy of this Order to the office of the DSWD, Iligan City; the Office of the Solicitor General, Makati City; the Office of the Provincial Prosecutor of Lanao del Norte, the petitioners and the natural parent of the minor to be adopted.

SO ORDERED. Kapatagan, Lanao del Norte, Philippines. January 11, 2012.

(Sgd.) ALAN L. FLORES Acting Presiding JudgeBWM: Jan. 20, 27 & Feb. 3, 2012

sands of infants each year are born with serious birth defects in the brain and spine, called neutral tube defects. The most common of these is spin bifida, the incomplete closure of the spinal column and anen-cephaly, a fatal condition in which an infant is born with a severely underdeveloped brain and skull. Once enacted into law, the measure will ensure that many women would be educated and aware of the opportunity for prevention and begin consuming the recommended daily amount of folic acid that would help avoid the development of defects in their babies, Rodriguez said. The bill also mandates the Department of Health to carry out the program,

THE House of Representatives has passed on third and final reading a bill that seeks to promote the importance of folic acid

in the prevention of birth defects. House Bill 592, authored by Rep. Rufus Rodriguez (2nd District, Cagayan de Oro), provides for a na-tional folic acid education campaign to raise the level of awareness among women of childbearing age and health professionals on the importance of folic acid at preventing birth defects. Rodriguez said the cam-paign will include encour-aging women of reproduc-tive capacity to consume daily, enough amount of folic acid, which is a B vitamin found naturally in food such as green leafy vegetables, beans, citrus fruits and juices and in

certain multivitamins cap-sules. Folic acid could pre-vent neutral tube defects if all women of childbearing age begin consuming 400 micrograms of it daily, and even before pregnancy, ac-cording to Rodriguez. Aside from the preven-tion of neutral tube de-fects, a new study finds that women who take folic acid supplements early in their pregnancy can also substantially reduce their baby’s chances of being born with a cleft lip, cleft palate or both, Rodriguez added. Rodriguez said thou-

directly or through special arrangements with other government agencies and other promotional entities engaged in public informa-tion activities to provide education and training for health professionals and the general public, and to explain the effects of folic acid in preventing birth defects. Co-authors of the bill are Reps. Maximo Rodri-guez (Party-list, Abante Mindanao), and Augusto Syjuco (2nd District, Il-oilo), Alfredo Maranon (2nd District, Negros Occiden-tal), Ben Evardone (Lone District, Eastern Samar), Marcelino Teodoro (1st District, Marikina City), and Bernadette Herrera-Dy (Party-list, Bagong Henera-syon).

leged and homeless citizens. Under the Pimentel bill, the SHDFC will take charge of administering socialized housing program schemes responsive to the current housing needs, particularly those belonging to the poor. The proposed Social Housing Development and Finance Corporation will be empowered to enter into loans or issue bonds and other debentures to raise funds for housing construc-tion. Under the Pimentel pro-posal, the Social Housing Fi-nance Corporation (SHFC) established under Executive Order No. 272 in 2004 will be abolished and replaced by the proposed SHDFC which will be equipped with more powers to be able to address the current housing problems of the poor. Pimentel recognized the need to promote sustainable source of housing finance to meet the current housing needs of the majority of the Filipino people. Pimentel said there is a need to have a primary government institution re-sponsible for addressing the housing needs of the bottom 30 percent of the poor households.

Housing...from page 1

“Our General Appro-priations Act allocation is about P61-billion about P24-bil l ion will be for Mindanao, even on infra-structure, malaki ang na allocate (the allocation is big),” Alcala said. Among the reasons, the agri chief said of the huge share in the budget is climate change mitiga-tion. Alcala said that if the government wants to have a lesser effect on climate change then they have to invest in Mindanao. “The soil is rich, there is water, you have lands and is far away from the path of typhoon,” Alcala cited Mindanao’s agricultural advantages.

Budget...from page 1

hunger rose from 27.9 per-cent in September to 33.6 percent in December last year. Hunger among families who considered themselves food-poor also increased from 31.1 percent to 38.1 percent. Moderate hunger rose among the self-rated poor (from 22.4 percent to 25.6 percent) and the self-rated food-poor families (from 24.2 percent to 29 percent). Severe hunger also rose among the self-rated poor (from 5.5 percent to 8 per-cent) and the se l f -rated food-poor families (from 6.9 percent to 9.1 percent).

Survey...from page 1

Pimentel’s bill is known as the “Social Housing De-velopment and Finance Corporation Act of 2012.” Its main objectives are to assist legally-organized associations of underprivi-leged and homeless citizens to purchase and develop a tract of land, and to own the lots they occupy. The bill also aims to enhance the affordabil-ity of low-cost housing to low-income families and to provide developmen-tal financing for low-cost housing projects. The Pimentel proposal seeks to create the Social Housing Development and Finance Corporation (SHDFC), which shall be-come the lead government agency in the development and administration of social housing programs. The senator from Min-danao explained that his bill seeks to implement the constitutional mandate upon the State to under-take a continuing housing program which will make available at affordable cost decent housing and basic services to the underprivi-

times,’ ‘often’ or ‘always?’” SWS classified experienc-ing hunger “only once” or “a few times” as “moderate hunger,” while going hungry “often” or “always” was rated as “severe hunger.” Those who said they ex-perienced “moderate hunger” declined from 18 percent in the previous quarter to 17.7 percent, while those who experienced “severe hunger” rose from 3.5 percent to 4.7 percent. Among families who con-sidered themselves poor,

B y l o c at i o n , ov e r a l l hunger declined in Metro Manila (from 23 percent in September to 22 percent in December) and Luzon outside Metro Manila (from 28.3 percent to 23 percent). Hunger, however, rose in the Visayas (from 15.3 percent to 25 percent) and Mindanao (from 13 percent to to 19.7 percent). Moderate hunger rose in Metro Manila (from 16.7 percent to 17 percent), the Visayas (from 13 percent to 22 percent) and Mindanao (from 11 percent to 16 per-cent). It declined in Luzon out-

side Metro Manila by 7.3 percentage points from 24.3 percent to 17 percent. Severe hunger increased in Luzon outside Manila (from 4 percent to 6 per-cent), the Visayas (from 2.3 percent to 3 percent) and Mindanao (from 2 percent to 3.7 percent). Severe hunger declined in Metro Manila from 6.3 percent to 5 percent. The noncommissioned sur vey used face-to-face interviews with 1,200 adult respondents nationwide. The margin of error for area percentages were plus or minus 6 percentage points.

He said that they are expanding to Mindanao, agricultural investments on crops regularly planted in Luzon and Visayas. He said that if ever typhoons strike Luzon and which with the advent of climate change will be more pow-erful and more frequent, agricultural supply will not be threatened because of the investments in Min-danao. Davao del Norte Gov-ernor Rodolfo del Rosario for his part has asked Sec-retary Alcala to continue helping Mindanao as it is only in the Aquino admin-istration that the region is receiving a significant allocation of the national budget particularly in the areas of agriculture and health (PIA/RG Alama)

Republic of the PhilippinesREGIONAL TRIAL COURT

12th Judicial Region, Branch 21Kapatagan, Lanao del Norte

IN RE: PETITION FOR CORRECTIONOF ENTRIES IN THE BIRTH RECORDOF KAREN CAÑETE AGUHOB SPL. PROC. NO. 21-457

ROLANDO D. AGUHOB, Petitioner, -versus-

THE LOCAL CIVIL REGISTRAR,SULTAN NAGA DIMAPORO,LANAO DEL NORTE Respondent.x----------------------------------------------------- /

ORDER A verified petition for Correction of Entries in the Birth Record of Karen Canete Aguhob in the Local Civil Registry of Sultan Naga Dimaporo, Lanao del Norte, was filed by petitioner Rolando D. Aguhob on November 23, 2011, praying this Honorable Court that after notice, publication and hearing an order shall issue directing the Local Civil Registrar of Sultan Naga Dimaporo, Lanao del Norte, to 1) CANCEL and CORRECT the following entries in the birth record of KAREN CAÑETE AGUHOB: a. to clarify the spelling of her first name as KAREN with an “N”; b. Her SEX or GENDER from MALE to FEMALE; b. The place of marriage of her parents from Dangolaan, Sultan Naga Dimaporo, Lanao del Norte to Immaculada Conception, Karomatan (now known as Sultan Naga Dimaporo), Lanao del Norte; d. Her mothers name from MERCY C. CAÑETE to MARCELINA C. CAÑETE; 2. ISSUE to the petitioner a corrected copy of her birth certificate; 3. FORWARD a copy of the correct birth certificate to the National Statistics Office, Manila. Finding the verified petition to be sufficient both in form and substance, the same is hereby set for initial hearing to APRIL 18, 2012 at 8:30 o’clock in the morning. Let this order be published in a newspaper of general circula-tion in the province of Lanao del Norte once a week for three (3) consecutive weeks at the expense of the petitioner. The Local Civil Registrar of Sultan Naga Dimaporo, Lanao del Norte, and any person who has an interest in the petition may file his/her opposition thereto within fifteen (15) days from notice of this petition or from the last day of publication of this order. Further, let this Order be posted for fifteen (15) consecutive days prior to the date of hearing on the bulletin board of the Municipal Hall of Sultan Naga Dimaporo, Lanao del Norte; on the bulletin board of barangay Dangulaan, Sultan Naga Dimaporo, Lanao del Norte where the petitioner is residing, and on the bulletin board of this court. The petitioner is directed to notify this Court of the publication of this order three (3) days before the schedule hearing date. Furnish copy of this Order to the Solicitor General, Makati City, the Office of the Provincial Prosecutor of Lanao del Norte, the Local Civil Registrar of Sultan Naga Dimaporo, Lanao del Norte, Lanao del Norte; Atty. Reymund G. Inihao, Lanao del Norte and Rolando D. Aguhob, Dangolaan, Sultan Naga Dimaporo, Lanao del Norte.

SO ORDERED. January 18, 2011. Kapatagan, Lanao del Norte. (Sgd.) ALAN L. FLORES Acting Presiding JudgeBWM: FEB. 3, 10, & 17, 2012

10 BusinessWeekMINDANAOFebruary 3-5, 2012

11BusinessWeekMINDANAO

February 3-5, 2012CultureCulture&&ArtsArts

NEWS CAPSBy Laurel Media/RTM

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

E-mail:reserva ons@pryceplaza.ph

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

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

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

E-mail:info@mallberrysuites.com

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

E-mail:dynasty@philcom.ph

The Marigold HotelVelez cor. Luna Sts, CDO

Tel Nos. 856-4320, 726937

Marco ResortTel. No. 732182 / 855-220

VIP HotelA.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505

E-mail: info@theviphotel.com.ph

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

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

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

Grand City HotelA.Velez- Sts. CDO

Tel. No. 723551 / 723658 / 857-1900

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

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

E-mail:i_agudo@hotmail.com

Apple Tree Resort and HotelTaboc, Opol, Misamis Oriental,

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

Pearlmont InnLimketkai,Drive,CDO

Tel. No. 729111 / 856-2654 / 729455

Red Palm InnEVChaves Building, Capistrano corner Cruz Taal Sts.

Cagayan de Oro CityTel. No. 721197 and 8562671

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

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

E-mail:chali_beach@yahoo.com

Nature PensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNEVelez-Macahambus Sts, CDO

Tel Nos. 8571776, 721776email : gchreserva on@yahoo.com

Malasag Eco Tourism VillagesCugman, CDO

Tel. No.855-6183 [088]309-3752

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clude young aspiring dancers of Cagayan de Oro. Gala performances will be on February 24 and 25 at 7 pm, with matinees on Feb. 25 and 26 at 3 pm. Lemuel Capa and Peter San Juan, seasoned soloists, will alternately perform the role of the affable Romeo while the role of young Juliet will be alternately performed by soloists Loby Pimentel and Joni Galeste. Other cast members in-clude Peter San Juan/ Mark Pineda as the jovial Mercutio, Rolby Lacaba as Romeo’s best friend Benvolio, with ballerinas Lea de Guzman, Rofel Artaiz and Cagayan de Oro’s own Joey Atayde as the three lively concubines. Juliet’s amusing and devoted nanny will be portrayed by Anatoli Panasyukov, PBT’s Russian Ballet Master of 15 years.

ROMEO AND JULIET

Ballet Comes to MindanaoBy SYLVIA LICHAUCO

THE classic love story of the young star-crossed lovers, Ro-meo and Juliet from warring but prominent Italian fami-lies, whose passionate love was doomed from the start, is presented by Philippine Ballet Theatre (PBT) as the highlight of Liceo de Cagayan University’s Foundation Day Anniversary celebration, at their Rodelsa Hall from Feb-ruary 24-26, 2012. This tragic but famous story written by William Shakespeare is set in Verona amidst the ancient grudges that exist between the rival Montague and Capulet fami-lies. It was elegantly re-staged and directed by the Phil-ippines’ own international Prima Ballerina Ms. Maniya Barredo, to celebrate her 50 years in ballet. “Romeo and Juliet” also launched the 25th Anniversary Season of the PBT at the Cultural Center of the Philippines last July. With the talented dan-seuses and danseurs of PBT, William Shakespeare’s unfor-gettable story, the memora-ble score of Sergei Prokofiev and brilliant choreography of Thomas Pazik - audiences in Cagayan de Oro are sure to appreciate this timeless, touching and unforgettable ballet production, as directed by PBT’s Artistic Director, Ron Jaynario. Philippine Ballet Theatre Inc. which was co-founded by dance greats Julie Borromeo, Felicitas Radiac and Eddie Elejar, is a resident company of the Cultural Center of the Philippines . PBT produces and presents classical dance to audiences in big cities as well as to school groups and to provincial areas. PBT recruits and trains talented dancers from all parts of the country and this production of Romeo and Juliet will in-

12 BusinessWeekMINDANAOFebruary 3-5, 2012