june 15,2012 businessweek mindanao

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P15.00 Issue No. 81, Volume III June 15-17, 2012 Market Indicators Market Indicators US$1 = P42.57 5,020.85 points ; ; FOREX PHISIX AS OF 5:35 P.M., JUNE 14, 2012 (Thursday) .04 cents 88.76 points Briefly Briefly www.businessweekmindanao.com BusinessWeek BusinessWeek YOUR LOCAL ONLINE BUSINESS PAPER Editorial: 088-856-3344 • Advertising: 0917-7121424 Watershed week DAVAO City -- Citing the im- portance of watersheds to the lives of the people in Mindanao, Archbishops Orlando Que- vedo of Cotabato and Antonino Ledesma of Cagayan de Oro have called for a proclamation of a Mindanao-wide water- shed awareness week which shall culminate in time for the annual observance of World Environment Day every fifth day of June. Quevedo told reporters here during the recently held Mind- anao Economy and Environment Summit that among the culprits of the massive degradation of the watersheds in Mindanao is the people’s lack of knowledge and action on the issue. Hospital wastes A GROUP of Dabawenyo inven- tors pitched their locally devel- oped pyro-clave technology to the Davao City government. They are proposing to build an infectious medical waste processing facility in the New Carmen sanitary landfill. Pyro-clave is a non-burn waste processing technology where infectious wastes from hospitals and medical facilities are converted into charcoal. Power 101 BUTUAN City -- The National Grid Corporation of the Phil- ippines (NGCP) will conduct a session and press briefing today, June 15, to provide in- formation to the local tri-media in Caraga region. Milfrance Q. Capulong, NGCP Regional Corporate Communications and Public Affairs Officer for Mindanao, said the activity is a program of their division which is intended for the media community na- tionwide. Capulong explained that it is an educational forum where media partners are updated on the latest activities that the NGCP is undertaking. RURAL TRANSIT BACHELOR EXPRESS “First in Service, Foremost in Fleet Maintenance” Beside U.C.C.P., C.M. Recto Ave., Nat’l Highway, Cag. de Oro City Cell No.: 0917-304-6195 BACK TO SCHOOL PROMO! Trained by: RICKY REYES & DAVID’S SALON Makati City THE NEW HD BOX. ONLY FROM PARASAT PryceGas Pres. Rafael P. Escaño announces the PryceGas Inter- national Marathon 2012 set on Dec. 2 Cagayan de Oro. PHOTO BY RONALD MASTAIL A plane sprays pesticide in a banana plantation in Panabo City. D AZZLED by the opportunities offered by China’s vast and in- creasingly prosperous populace, Renante Flores Bangoy, the owner of a small banana plantation in Panabo City, decided three years ago to stop selling to multinational fruit corporations and stake his future on Chinese appetites. Through a local exporter, he started shipping all his fruit to China. Today, his estate on the tropical island of Mindanao is scattered with heaps of rotting bananas. For seven weeks now — ever since an aging U.S.-supplied Philip- pine warship squared off with Chinese vessels near a BANANA/PAGE 11 Florante Flores Bangoy, a banana grower in Panabo, is feeling the brunt of the ongoing dispute in the Scarborough Shoal. Davao-Manado route revived By CARMELITO Q. FRANCISCO Correspondent DAVAO City -- Wings Air, a unit of Indonesia’s Lion Air, will resume next month its weekly Davao- Manado service four years after suspending the route. The airline company replaces Cebu-based Mid-Sea Express which stopped flying the route last April, a month after the launching. Mid-Sea Express had used a 19-seater Jetstream 32 aircraft. Indonesian Consul General Eko Hartono, who was at the city’s airport for a chartered flight of Wings Air on Thursday, said he hopes this latest venture would be sustained. “This is a big leap forward for both countries,” said Mr. Hartono. In order for Wings Air to 72-seater plane, which is smaller than the 54-seater aircraft it used in 2008. The regular weekly flights would start on July 5. Mr. Har- tono said the service would strengthen the links between the two countries, which are both members of the Brunei- Indonesia-Malaysia-Philippines East ASEAN Growth Area. Flights between the two cities take about an hour and a half. The one-way air fare, based on previous services, had been less than $200. In previous years, Manado traders flying from this city were reported to have brought with them cosmetics as well as liquor in bulk. Manado is the capital and commercial hub of North Su- lawesi province. sustain its service, it needs a pas- senger load factor of about 80%, the Indonesian official said. One way to sustain the Davao- Manado air service, said John Goldeto T. Baricuatro, president of John Gold, a travel company, is to promote the two areas as tour- ism and business destinations. “Our plan is to lure tourists so they can visit our city and nearby areas,” said Mr. Baricuatro. The company has decided to use an ATR 72-500 aircraft, a LPG giant sets int’l marathon tilt By: SHAUN ALEJANDRAE YAP UY Staff Member ners both from the local and national marathon scene and international athletes as well. The marathon has running distances set as 42k, 21k, and 5k. This will take runners to the roads of Cagayan de Oro City, with Pryce Gardens as the starting and finishing lines. RUNCHECK, Cebu City’s premiere PRYCE GASES, Incorporated recently launched, what is to be the biggest running event in the City of Golden Friendship, the Pryce Gas Interna- tional Marathon 2012 – Unleash the Inner Flame. The competition will bring in run- Lawmaker backs of sin tax bill A REPRESENTATIVE from the district of Camiguin expresses his support to the sin tax bill, noting that he gives more weight on resolving health-related issues than the additional revenues it could generate to boost government coffers. “Taxes are immaterial here, what count’s more is the well being of the people,” Rep- resentative Pedro P. Romualdo said. Having undergone a triple bypass heart surgery due to smoking, Romulado capital- izes heavily on the positive results it could bring to the people, citing that more and more patients are admitted in the hospitals TAX/PAGE 11 LPG/PAGE 11

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JUNE 15,2012 BUSINESSWEEK MINDANAO

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P15.00Issue No. 81, Volume III • June 15-17, 2012

Market IndicatorsMarket Indicators

US$1 = P42.57 5,020.85 points

FOREX PHISIX

AS OF 5:35 P.M., JUNE 14, 2012 (Thursday)

.04 cents

88.76points

Briefl yBriefl y

www.businessweekmindanao.com

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

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

Watershed weekDAVAO City -- Citing the im-portance of watersheds to the lives of the people in Mindanao, Archbishops Orlando Que-vedo of Cotabato and Antonino Ledesma of Cagayan de Oro have called for a proclamation of a Mindanao-wide water-shed awareness week which shall culminate in time for the annual observance of World Environment Day every fifth day of June. Quevedo told reporters here during the recently held Mind-anao Economy and Environment Summit that among the culprits of the massive degradation of the watersheds in Mindanao is the people’s lack of knowledge and action on the issue.

Hospital wastesA GROUP of Dabawenyo inven-tors pitched their locally devel-oped pyro-clave technology to the Davao City government. They are proposing to build an infectious medical waste processing facility in the New Carmen sanitary landfill. Pyro-clave is a non-burn waste processing technology where infectious wastes from hospitals and medical facilities are converted into charcoal.

Power 101BUTUAN City -- The National Grid Corporation of the Phil-ippines (NGCP) will conduct a session and press briefing today, June 15, to provide in-formation to the local tri-media in Caraga region. Milfrance Q. Capulong, NGCP Regional Corporate Communications and Public Affairs Officer for Mindanao, said the activity is a program of their division which is intended for the media community na-tionwide. Capulong explained that it is an educational forum where media partners are updated on the latest activities that the NGCP is undertaking.

RURAL TRANSIT BACHELOR EXPRESS

“First in Service, Foremost in Fleet Maintenance”

Beside U.C.C.P., C.M. Recto Ave., Nat’l Highway, Cag. de Oro CityCell No.: 0917-304-6195

BACK TO SCHOOL PROMO!

Trained by: RICKY REYES & DAVID’S SALON Makati City

THE NEW HD BOX. ONLY FROM PARASAT

PryceGas Pres. Rafael P. Escaño announces the PryceGas Inter-national Marathon 2012 set on Dec. 2 Cagayan de Oro.

PHOTO BY RONALD MASTAIL

A plane sprays pesticide in a banana plantation in Panabo City.

DAZZLED by the opportunities offered by China’s vast and in-creasingly prosperous populace,

Renante Flores Bangoy, the owner of a small banana plantation in Panabo City, decided three years ago to stop selling to multinational fruit corporations and stake his future on Chinese appetites. Through a local exporter, he started shipping all his fruit to China. Today, his estate on the tropical island of Mindanao is scattered with heaps of rotting bananas. For seven weeks now — ever since an aging U.S.-supplied Philip-pine warship squared off with Chinese vessels near a

BANANA/PAGE 11

Florante Flores Bangoy, a banana grower in Panabo, is feeling the brunt of the ongoing dispute in the Scarborough Shoal.

Davao-Manado route revivedBy CARMELITO Q. FRANCISCO

Correspondent

DAVAO City -- Wings Air, a unit of Indonesia’s Lion Air, will resume next month its weekly Davao-Manado service four years after suspending the route. The airline company replaces Cebu-based Mid-Sea Express which stopped f lying the route last Apri l, a month af ter the launching. Mid-Sea Express had used a 19-seater Jetstream 32 aircraft. Indonesian Consul General Eko Hartono, who was at the city’s airport for a chartered f light of Wings Air on Thursday, said he hopes this latest venture would be sustained. “This is a big leap forward for both countries,” said Mr. Hartono. In order for Wings Air to

72-seater plane, which is smaller than the 54-seater aircraft it used in 2008. The regular weekly f lights would start on July 5. Mr. Har-tono said the service would strengthen the links between the two countries, which are both members of the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area. Flights between the two cities take about an hour and a half. The one-way air fare, based on previous services, had been less than $200. In previous years, Manado traders f lying from this city were reported to have brought with them cosmetics as well as liquor in bulk. Manado is the capital and commercial hub of North Su-lawesi province.

sustain its service, it needs a pas-senger load factor of about 80%, the Indonesian official said. One way to sustain the Davao-Manado air service, said John Goldeto T. Baricuatro, president of John Gold, a travel company, is to promote the two areas as tour-ism and business destinations. “Our plan is to lure tourists so they can visit our city and nearby areas,” said Mr. Baricuatro. The company has decided to use an ATR 72-500 aircraft, a

LPG giant sets int’l marathon tiltBy: SHAUN ALEJANDRAE YAP UY

Staff Memberners both from the local and national marathon scene and international athletes as well. The marathon has running distances set as 42k, 21k, and 5k. This will take runners to the roads of Cagayan de Oro City, with Pryce Gardens as the starting and finishing lines. RUNCHECK, Cebu City’s premiere

PRYCE GASES, Incorporated recently launched, what is to be the biggest running event in the City of Golden Friendship, the Pryce Gas Interna-tional Marathon 2012 – Unleash the Inner Flame. The competition will bring in run-

Lawmaker backsof sin tax bill

A REPRESENTATIVE from the district of Camiguin expresses his support to the sin tax bill, noting that he gives more weight on resolving health-related issues than the additional revenues it could generate to boost government coffers. “Taxes are immaterial here, what count’s more is the well being of the people,” Rep-resentative Pedro P. Romualdo said. Having undergone a triple bypass heart surgery due to smoking, Romulado capital-izes heavily on the positive results it could bring to the people, citing that more and more patients are admitted in the hospitals

TAX/PAGE 11

LPG/PAGE 11

2 BusinessWeekMINDANAOJune 15-17, 2012 EconomyEconomy

Govt agencies sign up for MindaNOW ProgramDAVAO City -- In a move to firm up support to environment advocacies in Mindanao, sev-eral national line agencies forged recently a memorandum of understanding (MOU) for the implementation of a flagship program of the Mindanao Development Authority (MinDA)

MinDA Chairperson Sec-retary Luwalhati R. Antonino sees the MOU as significant in coordination work that cuts across geo-political boundaries. “This will ensure a con-tinuing coordination across sectors and across river ba-sin units. We will have to organize our coordination f low in a way that can pro-vide focus on each unique requirement of every basin while ensuring convergence across watershed units,” she

The MOU formally de-clared the commitment of agencies to collaborate in the planning, implementing, monitoring, and evaluation of the MindaNOW: Nurtur-ing Our Waters Program. The MindaNOW Program is a concrete response of

MinDA to calls for ensur-ing sustainable economic development and ecological integrity of Mindanao. It also seeks to fulfill the vi-sion of sustainable develop-ment under the Mindanao 2020 Peace and Development Framework Plan.

said. The MindaNOW Program aims to enhance the policy environment for harmonized policies, plans, programs, and structures; facilitate the integration of plans and programs; and harmonize approaches and processes to rationalize resources, pro-grams, projects, and mecha-nisms for the development and management of river basins and watersheds in Mindanao. Meanwhile, Mr. Lory Tan,

Chief Executive Officer and Director of World Wildlife Fund (WWF) in the Philip-pines lauded the firming of Mindanao collaboration. “For the longest time, too many people have looked at environmental concerns in a “stand-alone” manner. This thinking is outdated. Current thinking looks at the physical environment, and the ecological services that come from it, in a cross cutting manner,” he said. “The opportunity is to

establish climate smart, eco-nomic convergence at meso-scale. If natural ecosystems are used as development an-chors, this strategy will prob-ably involve multi-regional zones defined by economic consonance,” he added. The Minda nao-w ide mechanism will be coor-dinated by MinDA and the Department of Environ-ment and Natural Resourc-es (DENR), being the lead agency responsible for the

Low income gov’t workers to avail scholarship programGSIS President and General Manager Robert G. Vergara is inviting low-income govern-ment workers to nominate their children to the en-hanced college scholarship program of the Government Service Insurance System (GSIS) where 200 slots are available for school year 2012-2013. The deadline for filing of application is on June 30. “As part of celebrating our 75th anniversary this year, the current Board of Trust-ees revised the scholarship program to ensure that our low-income members will be given the opportunity to send their children to colleges and universities that provide quality education,” Vergara said. The GSIS wil l accept scholarship nominees from members with a salary grade of 24 or below, or its equiva-lent from May 15 to June 30,

2012. The nominee of parents with the lowest salary grades will be given priority in the scholarship grant. The scholar of the pro-gram wil l be entit led to the actual cost of tuition and miscellaneous fees not exceeding P20,000 and a monthly stipend of P2,000. The scholar may also take a four- or five-year course but must meet the scholas-tic requirements set by the school for student retention under the program. Nominees to the program should be freshmen who have been accepted to the follow-ing schools: Adamson Uni-versity; Adventist University of the Philippines; Angeles University Foundation; As-sumption College; Ateneo de Davao University; Ateneo de Manila University; Ateneo de Naga University; Ateneo de Zamboanga University; Baliuag University; Bataan

Peninsula State University; Batangas State University; Benguet State College; Bi-col University; Bukidnon State University; Bulacan State University; Cagayan State University; Camarines Sur State Agricultural Col-lege; Capiz State University; Catanduanes State College; Cavite State University; Cebu Doctors’ University; Cebu Institute of Technol-ogy; Cebu Normal Univer-sity; Cebu State College of Science and Technology; Central Luzon State Uni-versity; Central Mindanao University; Central Philip-pines University; Centro Escolar University; Centro Escolar University-Malolos; Colegio de Dagupan; Davao Oriental State College of Sci-ence and Technology; De La Salle University; De La Salle University-Dasmariñas; Don Mariano Marcos Memorial

Tribal women run a coopNABUNTURAN, Compostela Valley -- Th e Indigenous women of Compostela Valley were able to strengthen and intensify its organization and were able to register their cooperative with the hope of availing benefi ts for its economic growth and development. Th rough the help of Provin-cial Governor Arturo Uy and other non-government orga-

nizations like FREEDOM and Abante Katutubo Inc., Comval’s indigenous women now are equally competent of running a business for livelihood. During the gathering of tribal women leaders at the capitol last May 30, 2012, IP Representative SP Member Augusto Blanco Jr. together with FREEDOM Executive Director Antonio Peralta and

ABANTE KATUTUBO Execu-tive Director Leandro Piano and its Consultant Hermenegildo Dumlao gladly gave the Coop-erative Development Authority (CDA) Registration Certifi cate for PTWC. The CDA Certificate of Registration was received by IP women leaders through its Provincial Federation President Bai Elfa Digaynon. PTWC can now engage in business for their economic growth. Th ey can now avail of as-sistance from the province and other government grants under the Philippine Cooperative Code. Th ey can also enjoy the benefi ts of the recently released joint Bureau of Internal Revenue (BIR) and CDA rules which provides tax exemptions. Th e Sangguniang Panlala-wigan through SP Resolution No. 442-2011 already confi rmed the “Panagsandug ng Kabubayan Sang Probinsya ng Compstela Valley” acknowledging the ex-istence of IP Women as active partner for community growth and development. As a starter, the Women Development Program of the province will sponsor a beauty care training (manicure, pedi-cure, haircut) for all IP Women Organizations to start early next month. Th is aims to provide alternative livelihood that will combat poverty.

INCOME/PAGE 7

AGENCIES/PAGE 7

3BusinessWeekMINDANAO

June 15-17, 2012CorpboardCorpboard

CebuPac loses bid to snatch PAL entitlements to MECEBU Pacific has lost

its bid to snatch Ph i l ippi ne A i r-

lines’ f light entitlements to the Middle East. “We denied the request because these entitlements were awarded to PAL,” said Carmelo Arcilla, Civil Aeronautics Board execu-tive said. Cebu Pacif ic earl ier petitioned CAB to recall seven of PAL’s 14 f light ent it lements to United Arab Emirates as well as some entitlements to Saudi Arabia, arguing that the f lag carrier had stopped its direct f lights to those areas. Maria Elben Moro, CAB

legal head, said the board decided otherwise because PAL was st i l l using its entit lements through a code-sharing arrangement with other carriers. “It’s not as if PAL is not actually using the entitle-ments. They are, albeit via a code share arrangement which involves a contract between two private enti-ties,” she said. PAL f lies to Dubai and Abu Dhabi 14 times a week, to Bahrain eight times a week, and to Doha seven t imes a week. The air-line however halted direct f lights to UAE in 1998, and its Riyadh f lights in March last year.

Cebu Pacif ic earl ier sa id it plans to mount long-haul f lights, initially to the Middle East, by the third quarter of next year. The Gokongwei-owned low-cost carr ier wants to tap destinations with heavy concentrations of overseas Filipinos. Besides the Middle East , Cebu Pacific is eyeing Australia, parts of Europe and the US. The airline had asked CAB to allow f lights to Oman from Manila and Clark. Ceb Pacific will lease up to eight Airbus A330-300 aircraft to serve these new markets.

4 BusinessWeekMINDANAOJune 15-17, 2012 BankingBanking

Security Bank President and CEO Alberto Villarosa (2nd from left) receives the Silver Award during the 9th Annual Dinner of the Institute of Corporate Directors’ (ICD) for its 2011 Corporate Governance (CG) Scorecard. Joining him are (from left) ICD Chairman Jesus Estanislao, SEC Chairperson Hon. Teresita Herbosa, and PSE Presi-dent and CEO Hans Sicat.

Landbank loans to priority sectors up 10% in Q1STATE-RUN Land Bank of the Philippines (Landbank) said loans to its priority sec-tors grew by nearly a tenth in the first quarter as it con-tinued to reach out to more clients in the countryside, its top official said. In a statement yesterday, the bank said loans to the agriculture sector rose by 9.89% to P176.7 billion in the first quarter from P160.8 billion in the same period last year. The bank’s loans to prior-ity sectors account for 73%

of its total lending portfolio during the first three months of the year, which totaled P242.2 billion. “Landbank continues to reach out to more key players [that] will help spur coun-tryside development. This signifies our commitment to improve the economic condi-tions of our countrymen in the rural areas,” Landbank President and Chief Execu-tive Officer Gilda E. Pico was quoted as saying in the statement. Landbank’s priority sec-

tors are classified into three: • “mandated sector,” which include farmers, fish-erfolk and their cooperatives; • “support for agriculture and fisheries,” which include agribusiness, aqua-business and agri-aqua related projects of local government units (LGUs) and government-owned and-controlled cor-porations (GOCCs); and • “support for national government priority pro-grams,” which covers micro, small and medium enterpris-es (MSME), transportation, housing, education, health care, renewable energy, tourism and environment-related projects. Around P61.12 billion went to loans for agri-aqua-related projects of LGUs and GOCCs. Loans for agri-aqua-relat-ed projects of small farmers and fisherfolk totaled P26.32 billion and loans to MSMEs amounted to P25.19 billion. Loans to farmers and fisherfolk without the agri-aqua related projects rose by 17.74% to P7.3 billion in the first quarter.

Philippine Veterans Bank, a medium-sized private com-mercial bank owned by World War II veterans and their heirs, recently inaugurated its new VeteranTeller ATM located within the premises of the Butuan City Hall. With the new ATM, employees will have quicker access to cash especially when their VeteranTeller All-in-One ATM/ID Card become available for use next month. Veterans Bank officers and officials from the City Government of Butuan were on hand during the simple inauguration ceremonies including (L-R), Acting City Treasurer Arthur Castro, City Councilor Dr. Virgilio Nery, Veterans Bank AVP and Mindanao Area Head Marie Jean Carranceja, Veterans Bank – Butuan Branch Manager Sarah Jane Silor, City Administrator Mrs. Leah Mendoza, Butuan City Mayor Ferdinand Amante, Veterans Bank Direc-tor Percianita Racho, Assistant City Treasurer Ma. Luz Bringas, and Butuan City Vice-Mayor Atty. Lawrence Fortun. A second VeteranTeller ATM was also installed in city, located at the Butuan Medical Center.

Security Bank gets award for Corporate GovernanceSECURITY Bank Corporation (PSE:SECB) was recognized as one of the Top-scoring Publicly-Listed Companies (PLCs) by the Institute of Corporate Directors’ (ICD) with the Silver Award during the ICD’s 9th Annual Dinner held recently. The Corporate Governance Scorecard is exercised yearly by the ICD in continuing its advocacy to promote good corporate governance practices beyond compliance. The CG Scorecard is derived from the Organization for Economic Cooperation and Development (OECD) Principles on Corpo-rate Governance. Questions are developed based from these principles. These questions contextualize best practices according to circulars, rules, regulations, and codes issued by the Philippine regulators, specifically the Securities and Exchange Commission (SEC) and the Philippine Stock Ex-change (PSE). Corporations were judged in terms of shareholder rights, equitable treatment of share-holders, role of stakeholders, disclosure and transparency, and board responsibilities. “It is our honor to be rec-ognized among the country’s top organizations committed to the principles of responsible

governance as we continue to uphold the best practices of transparency, account-ability, and integrity. We at-tribute this achievement to our strong desire to sustain the long-term interest of our stakeholders,” said Alberto Villarosa, President and CEO of Security Bank. The 2011 Corporate Gov-ernance Scorecard is a joint project of the ICD and the Center for Internat iona l Private Enterprise (CIPE) in Washington, D.C. Security Bank contin-ues to elicit strong inves-tor confidence as one of the best performing banks in the country, consistently reporting the highest return on equity (ROE) in the banking industry for the past consecutive years. The bank reported strong first quarter performance for 2012, with a 20% increase in its lending business, which went up to PhP99 billion, year-on-year, ref lecting its focus on driving growth through core businesses. The bank also registered a healthy increase of 12% in total operating in-come of P2.3 billion from the same period in 2011, and a net income of P1.1 billion resulting to an ROE of 14% for the first three months of the year.

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

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

Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALEEJF No. 164-07-2012

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 WENEFREDA PANCIPANCI, Magpatao, Lala, Lanao del Norte to satisfy the indebtedness which as of June 04, 2011 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 7th day of August 2012 at 10:00 A.M 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:

ORIGINAL CERTIFICATE OF TITLE NO. P-5631 “ A parcel of Agricultural land known as Lot No. 346-D, Csd-10-000187, situated in Magpatao, Municipality of Lala, Lanao del Norte, Island of Mindanao, Philippines. Containing a total area of Ten Thousand Two (10,002) Square meters, more or less including all improvements found thereof such as coconuts, mango, banana and particularly bounded as follows.

Lot No. 346-D-Csd-10-000187 Bounded on the North., along line 1-2, by Lot 346-1, Csd-10-00187: on the East, along line 2-3 by Lot 346-E, Csd-10-000187; on the south, along line 3-4 by Lot 352, Pls-13 and on the West, along line 4-1 by Lot 346-C, Csd-10-000187. “All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this June 7, 2012.

For the Clerk of Court and Ex-Officio Sheriff

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IVBWM: JUNE 15, 22, & 29, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

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

Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALEEJF No. 167-07-2012

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 CRESENCIA R. CABIGAS, kapatagan, Lanao del Norte to satisfy the indebtedness which as of September 13, 2012 amounting to NINETY FIVE THOUSAND PESOS (Php 95,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 7th day of August 2012 at 10:00 A.M 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;

ORIGINAL CERTIFICATE OF TITLE NO. P-529 “A parcel of residential lot situated at Poblacion, Municipality of Kapatagan Province of Lanao del Norte Island of Mindanao, with an area of THREE HUNDRED SEVENTY SEVEN (377) SQUARE METERS more or less, including all the improvements found thereon such as: 3 mango trees, Banana, res house & etc., more particularly described and bounded as follows:

Lot No. 1738-B, Csd-10-016623-D Bounded on the SE., along line 1-2 by Lot 1737, Pls-35, and on the SW., along line 2-3 by Lot 1739, Pls-35, and on the NW., along line 3-4 by Lot 1738-A, Csd-10-016625-D, and on the NE, along line 4-1 by Road. “All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this June 7, 2012.

For the Clerk of Court and Ex-Officio Sheriff

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IVBWM: JUNE 15, 22, & 29, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

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

Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALEEJF No.162-07-2012

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 ANILYN PAKIT, Poblacion, Pigcarangan, Tubod, Lanao del Norte to satisfy the indebtedness which as of May 14, 2011 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 7th day of August 2012 at 10:00 A.M. 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-26,645 “A parcel of cocoland situated at Tangueguiron, Tubod, Lanao del Norte containing an area of THIRTY SIX THOUSAND SEVEN HUNDRED SEVENTY EIGHT (36,778) SQM more or less including all the improvements found thereon more particularly described and bounded as follows:

Lot No. 127-B Csd-12-004943 Bounded on the NE., along line 5-1 by Lot 122 Gss-372; on the SE., along line 1-2 by Lot 127-A Csd-12-004552 on the SW., along line 2-3 by Guillermo Jumalon and on the NW., along line 3-4 by 130, Gss-372 and along line 4-5, by Lot 126, Css-372 All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this June 7, 2012.

For the Clerk of Court and Ex-Officio Sheriff

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IVBWM: JUNE 15, 22, & 29, 2012

Landbank said the loans were disbursed through 535 farmers’ and f isher-fol k ’s cooperat ives a nd 178 countryside financial institutions. Total loans released by the bank to the agriculture sector covered more than 134,000 small farmers and fisherfolk nationwide. Landbank profits were around 11% higher year-on-year at P3.1 billion in the first quarter.

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

5BusinessWeekMINDANAO

June 15-17, 2012

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6 BusinessWeekMINDANAOJune 15-17, 2012 OpinionOpinion

Mayor of Mercy

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTE

PED T. QUIAMJOT

TRAVERSING THETRAVERSING THETOURISM HI-WAYTOURISM HI-WAYA marketing mix of Women and Travel

Unmet need for family planning persists

THINK a minute… Mr. Fiorello LeGuar-dia was t he mayor of New York City during the difficult years of the Depression and World War II. The people of New York loved and re-spected him. Mayor LaGuardia was a big-hearted, colorful character. He sometimes rode on the fire trucks in the big city, and took the chi ldren from the orphanage to a profes-siona l baseba l l game. When the newspapers went on strike, he would read the Sunday comics on the radio to the kids.

One very cold night in January, 1935, Mayor LaGuardia went to the night court in the poorest area of New York City. He sent the judge home early that evening and LaGuardia himself took over as judge. T hat n ig ht a n old woman was brought to him. She was charged with the crime of steal-ing a loaf of bread. The woman told LaGuardia that her 2 grandchildren were starving and she had no money to pay for the bread, so she stole it. But the shopkeeper whose bread was stolen would

not drop the charge. He said: “Your Honor, she must be punished to teach the other people here a lesson. Otherwise they’ll think stealing is OK.” M ay or L a G u a rd i a turned to the old woman and said, “I know you did it for your grandchildren, but you cannot break the law and steal. Your punishment is $10.” As Mayor LaGuardia was telling the woman her penalty he reached into his pocket and said to her, “I’m paying your fine, because I know you can’t pay it. You’re now free to go.”

Yo u c a n i m a g i n e how thankful that poor lady was to receive such mercy, even though she still got her fair and just punishment. Think a minute…

SIX months from now when year 2012 will complete its full calendar throttle, more executives will be disap-pointed by the things they were not able to do than by the things they have done. The things that we do in our life in one year are like a regular ship schedule that one must throw off the bow-line and sail away from safe harbor. Travel is one option a person or a family has to do either for a vacation or just gathering siblings together for the parent’s anniversary or a wedding of a friend or a relative. Most travels are women initiated. A woman makes effective decisions for travel planning, organizing meetings and event. Women are the best segment in the marketing process considered as target market. Women travelers and event planners inf luence

trends as they love to frequent hotels, Spa’s, restaurants and shops with their discre-tionary expense behaviors. Women’s income in the Asia Pacific region of 13.5% per capita percents has increased since 2010 compared to men who stood at 12.1%. There are more females in the world with growing income except in the Latin American na-tions. Women’s status in many countries is altering with the historical roles of women, changing as their buying power grows with their per-ceived roles expand beyond caregiver and housewives. More women are taking control in the European banking sector. In Germany, Argentina and Australia women are elected or chosen as top leaders. In the Philip-pines, the pharmaceuticals, BPO’s, advertising, politics and government are starting

to feel the women power. It will not be far that an-other woman will rise to the Judiciary or even to the Presidency. Female genders are more concerned about value and experience. They are more felt in government and recognized in the various industries. Marketing to women deci-sion makers maximized the function of sales. It is a de-mographic rich with impera-tives whose inf luence and spending power continues to strengthen even in times of tumultuous economy. Many hotels and resorts in the Philippines are maximiz-ing their marketing efforts to female travelers by offering packages at their various properties. A Girlfriends Getaway package is available in Panglao, Bohol. In Badian Island south of Cebu, Badian Island Resorts and Spa sells their Spa Packages in Japan

and Korea. It may be time for Siargao Island to catch up with “Surfers Paradise” packages. In marketing to women, let us not use imaginary vocabulary that makes a woman’s life sound hur-ried or crazy. Maybe in Cagayan de Oro, let’s have the “Girls Just Wanna Have Fun” rafting in the river. Or have you heard of women in travel. The airline industry should be a good sponsor by offering more discounts to women?

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JOE PALABAORENE MICHAEL BAÑOS

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PINKY CADAVEDOA

FELIX SANTILLAN L A

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RATE of unmet need for family planning remains high in the Philippines according to the results of the 2011 Family Health Survey conducted by the National Statistics Office. NSO Administrator Carmelita N. Ericta re-vealed that unmet need for family planning (FP) among married women in the Philippines remains high at 19.3 percent, 10.5 percent for birth spac-ing and 8.8 percent for limiting births. In the 2006 Family Planning Survey, unmet need for FP was 15.7 percent, 8.4 percent for spacing and 7.3 percent for limiting. Similarly, Northern Mindanao region’s total unmet need for family planning was also high at 17.8 percent, 9.6 percent for bir th spacing and 8.2 percent for limiting births compared to the results of the 2006 Family Planning Survey with a total unmet need of 14.2 percent, 7.8 percent for birth spacing and 6.4 per-cent for limiting. Among regions, currently mar-

ried women in ARMM have the highest unmet need for family planning (35.8 percent), specifi-cally for birth spacing (28.2 percent). Women with “unmet need for family planning” are women of reproduc-tive age who prefer to avoid or postpone child-bearing, but are not using any method of contracep-tion. When this concept was f i rs t developed , addressing unmet need has become the basis for many family planning and population programs around the world. Most women today choose not to use con-traception because they are concerned about the health risks and side ef-fects of various methods, or they find contracep-tion too inconvenient to use. This suggests that, although programs have been successful in edu-cating women about their family planning options, a number of both per-ceived and real risks as-sociated with some forms

of contraception continue to prevent using family planning method. Moreover, Adminis-trator Ericta also cited that the total unmet need for FP in the country is substantially greater among women consid-ered poor (25.8 percent) compared to non-poor women (16.6 percent). In particular, 13.1 percent of poor women as com-pared to 9.4 percent of non-poor women have unmet need for spacing, and 12.6 percent of poor

SALVADOR A. AVES, Ph.D, DM.

WHEN STATISTICS WHEN STATISTICS SPEAKSPEAK

HOTCARZ reloaded!

MIKE BAÑOS

THE NIGHT THE NIGHT STALKERSTALKER

AFTER the success of its initial offering last March 30-April 1st, Cagayan de Oro’s f irst International Motor Show is back in “HOTCARZ Reloaded.” “eFF-Elmer Francisco Foundation is once again partnering with SM City Cagayan de Oro, Pueblo de Oro Development Cor-poration, Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (The Oro Chamber), MyShelter Foundation, Luxe 1111 Boutique and Route 11 for ‘HOTCARZ Reloaded’ (The 2nd Cagay-an de Oro International Motor Show) on Ju ne 15-17, 2012 at SM City-CDO & Pueblo Grounds,” said Elmer Francisco, the show’s organizer. The 2nd Cagayan de Oro Internat ional Mo-tor Show will feature the showcase exhibit and ac-tiv it ies which made its maiden offering so memo-rable: an exhibit of dressed up show cars and bikes vying for awards in vari-ous classes; aftermarket automotive OEM, spare pa r ts , accessor ies a nd consumables not usually

found ‘off the shelf ’ in the city and aftermarket services and others. Of course, the popular Miss HOTCARZ Reloaded and Bike Stunts and Drift-ing Demos will come back for an encore, along with the Sounds Competition in cooperation with EMMA (European Mobile Media Association). “This event aggres-sively gives a turbo boost to the automotive industry not only in Cagayan de Oro City but in the whole of Minda nao as ma ny car and bike enthusiasts from as far as Pagadian City, Davao City, Gen-eral Santos City, Lanao del Norte and Lanao del Sur travel led for many hours by land to actively participate in this 3-day event last March 30 to April 1,” Mr. Francisco noted. “Keep your automo-tive related businesses in the loop with the people that matter. This is your opportunity to be a part of this new automotive phenomenon by becoming one of our Co-presenters, Sponsors, Participants, Models or Visitors.”

This non-profit fund-raiser benefits the entre-preneurship/ l ivel ihood and environment/climate change mitigation proj-ects of ElmerFrancisco.org especially the Isang Lit rong Liwanag Proj-ect in cooperation with MyShelter Foundation of Illac Diaz. Mr. Francisco thanked the Co-presenters, Spon-sors, Media Partners, Par-ticipants, Models and Visi-tors that made HOTCARZ officially the biggest, the most organized and the most prestigious motoring event in Northern Mind-anao with over 100 award class car/bike entries and over 2,000 registered at-tendees. AVES/PAGE 10

7BusinessWeekMINDANAO

June 15-17, 2012

Republic of the PhilippinesCity of Cagayan de Oro

OFFICE OF THE CITY MAYOR

N O T I C E

Notice is hereby given that the application of CAGAYAN DE MISAMIS DEVELOPMENT, INC., (McDonald’s – Xavier) of Corrales Avenue corner T. Chaves Streets, Cagayan de Oro City for registration under the City Ordinance No. 8267-2001, otherwise known as the Cagayan de Oro Investment Incentives of 2002 as a Fastfood Services has been approved on December 13, 2011 per Resolution No. 06-2011 passed by the Investment Evaluation Committee and is currently being processed.

Any person with valid objections or pertinent comments of the above-men-tioned application may file his/her objection in writing and under oath, with the Office of the City Mayor within one week from date of publication.

Let this notice be published at the expense of the applicant.

(Sgd.) VICENTE Y. EMANO City MayorBWM: June 8, 15 & 18, 2012

This is to inform the public that PAUL VIBEN T. QUILALA whose picture appears above is no longer connected with Toyota Cagayan de Oro, Inc. at Km. 3 National Highway, Kauswagan, Cagayan de Oro City.

Any transaction entered by this person on behalf of TOYOTA CAGAYAN DE ORO, INC. will not be honored.

NOTICE TO THE PUBLIC

Agencies...from page 2

State University; Eastern Samar State University ; Eastern Visayas State Uni-versity; Far Eastern Uni-versity; Filamer Christian College; Holy Angel Uni-versity; Holy Name Univer-sity; Ifugao State College of Agriculture and Forestry; Isabela State University; Jose Rizal University; Kalinga Apayao State College; Leyte Normal University; Leyte State University; Liceo de Cagayan University; Lyceum Northwestern University;

Income...from page 2

government’s environment and natural resources pro-grams. Under the MindaNOW program, MinDA will coor-dinate the implementation of MindaNOW projects and activities in collaboration with the technical units of partner agencies to ef-fectively coordinate project implementation, monitoring and evaluation. The participating agen-cies will also provide tech-nical service support to the river basin management units which, in turn, will coordinate the various local resource councils and local government unit alliances for the sustainable manage-ment of their respective watersheds. Signatories to the MOU were Sec. Antonino, Sec. Mary Ann Lucille Sering of Climate Change Commis-sion, Sec. Prospero Alcala of the Department of Ag-riculture, Usec. Demetrio Ignacio of DENR, Usec. Benito Ramos of the Of-fice of Civil Defense, Asec. Dimas Suguilon of Public Works and Highways, Dir. Anthony Sales of the De-partment of Science and Technology, Asec. Abdullah Salic of DOST-ARMM, Dir. Art Boncato of the Depart-ment of Tourism, Dir. Ma. Lourdes Lim of the National Economic Development Au-thority, Commissioner San-tos Unsad of the National Commission on Indigenous Peoples, Dir. Francisco Jose of the Interior and Local Government, and Asst. Dir. Fe delos Reyes of the De-partment of Education. The MOU signing was one of the highlights of the MinDA-led two-day summit dubbed as the Mindanao Economy and Environment Summit held earlier this week at Grand Regal Hotel in Davao City. The summit carried the theme, Building Constituen-cy, Managing River Basins: Achieving Green Economy. It concluded with the pre-sentation of the workshop outputs of various river basin-based groups, sharing best practices and citing steps and suggestions for way forward in addressing issues within their respec-tive river basin units across Mindanao. The summit also coin-cided with the celebration of the World Environment Day. (MinDA)

Lyceum of the Philippines University-Batangas; Ly-ceum of the Philippines University-Manila; Manuel S. Enverga University Foun-dation; Mapua Inst itute of Technology; Mariano Marcos State University; Mindanao Polytechnic State College; Mindanao State University; Miriam College Foundation; Mt. Province State Polytechnic College; Naval Institute of Technol-ogy; Negros Oriental State University; Notre Dame of Dadiangas University; Notre Da me of Marbel University; Notre Dame University ; Nueva Ecija University of Science and Technology; Nueva Viz-caya State University; Our Lady of Fatima University; Palawan State University; Palompon Institute of Tech-nology; Pampanga Agricul-tural College; Pangasinan State University; Partido State University; Philip-pine Normal University; Polytechnic State College of Antique; Poly technic University of the Philip-pines; Ramon Magsaysay Technological University; Rizal Technological Univer-sity; Saint Louis University; Samar State University ; Si l l iman University ; St . Joseph’s College of Q.C.; St. Mary’s University; St. Michael ’s College of La-guna; St. Paul University of the Philippines; St. Paul University-Dumaguete; St. Paul University-Manila; Sultan Kudarat Polytechnic State College; T. Tancinco Memorial Institute of Sci-ence and Technology; Tar-lac College of Agriculture; Tarlac State University ; Technological Institute of the Philippines-Q.C.; Tech-nological Institute of the Philippines-Manila; Tech-nological University of the Philippines; The Philippine Women’s University; Trinity University of Asia; Univer-sity of Baguio; University of Batangas; University of Cordilleras; University of Eastern Philippines; Uni-versity of Luzon; University of Mindanao; University of Negros Occidental-Recole-tos; University of Northern Philippines; University of Perpetua l Help System; University of Regina Car-meli; University of Rizal System; University of San Carlos; University of San Jose-Recoletos; University of South Eastern Philip-pines; University of South-ern Mindanao; University of St. La Salle; University of St . Louis; University of Sto. Tomas; University of the East; University of the Philippines; University of the Visayas; Wesleyan University of the Philip-pines; West Mindanao State University; Western Philip-pines University; Western Visayas College of Science and Technology; Western Visayas State University; and Xavier University. Aside from the schol-arship program, the GSIS is granting its members a P4,000 educational as-sistance, which is payable in five years at six percent interest rate.

It’s A Man’s World(2nd of Two Parts)

HAVING discussed last week, the importance of the liver, as well as an introduction to what hap-pens when it gets diseased, this week, let us learn a few important facts and data on the Big C that can affect the liver. Cancer of the liver can either be primary, meaning it origi-nates from the liver cells, or, metastatic ( the cancer comes from other organs like the colon, lungs, breast to name a few ). I am limiting the discussion only to that which is con-sidered as primarily that originating from the liver. There are different types: Hepatocellular, Cholangio-carcinoma, Angiosarcoma or Hepatoblastoma, with hepatocellular carcinoma ( HCC ) as the most com-monly encountered type. HCC worldwide is num-ber 8th among the Big C’s, and ranks 3rd in the Philip-pines. It is more common in men, and increases in incidence as one ages. Risk is significantly increased with chronic infections involving Hepatitis B and C viruses, alcohol consump-tion and intake of food and milk products that are proven to be contaminated with af latoxins. I had a patient years back, a 35 year old female, who was such a health buff, that when she was diagnosed with HCC, the only relevant data that I gathered from her was her love for peanuts! Our country which has the rainy and dry seasons only, with humidity that is quite unlike other non tropical countries, stands to have that risk of certain fungal species, known as

Aspergillus thriving in storage places for certain food products and even milk. I am not saying that we should not eat peanuts or corn or take in milk and other dairy products. What is of importance here is the observance and practice of proper storage. It is also worth men-tioning again ( sound-ing redundant as this was touched on last week ), that cirrhosis has high correla-tion in the development of the Big C. Chronic hepatitis infections as well as alcoholism ( we are not talking of social drinking here, where on occasions one takes in a glass or bottle or two of beer, or any alcoholic drinks ), but heavy, prolonged drink-ing, as these can cause scarring of the liver tissue which eventually leads to cirrhosis. Signs and symptoms may be very similar to that of cirrhosis: jaun-

dice, weight loss, loss of appetite, abdominal pain, weakness and easy fatiga-bility, white chalky stools. If you or any of your loved one has any of the above, it would be most wise to seek consultation. The reason why HCC has a poor prognosis is, because, it gets to be diagnosed late, with the illness already far advanced in terms of staging. Once consulta-t ion is done, work up may include blood tests, ultrasound and CT Scan. A biopsy is a MUST, which can either be done through the guidance of a CT scan or Ultrasound. Treatment? There are quite a number of options depending on one’s prefer-ence as well as the extent of the cancer: surgical re-moval of the affected lobe, chemotherapy, radiation, and the newer ones may include transplant, freezing of the cancer cells or the introduction of electric

current targeting the area where the cancer cells are. There are instances though when treatment may only be palliative in nature, that is, to relieve the patient of the symptoms to create a more comfortable situation for him. We each have been given and empowered to choose a lifestyle that can either make or break us. What we do with our bodies will haunt us and it doesn’t end with US but will likewise affect our families.... this is one Big C that is highly preventable, and which we can truly do something about....

8 BusinessWeekMINDANAOJune 15-17, 2012 Metro CDOMetro CDO

PANEDOTTE PASTRIES

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

Available at GAISANO SUPERMART

and at LUMBIA AIRPORT PRE

DEPARTURE AREA

Cagayan de Oro City Mayor Vicente Y. Emano and Philippine Army 4th Infantry Division commander Maj. Gen. Victor A. Felix salute the national flag on Tuesday morning at Divisoria for the 114th Philippine Independence Day celebration in the city. The affair was also graced by other top government officials including Vice Mayor Caesar Ian Acenas and Philippine National Police Region 10 director Chief Supt. Jufel Adriatico. PHOTO BY GERRY L. GORI

Misamis Oriental 2nd District Rep. Bambi Emano leads the ceremonial toss at the start of the championship match between Barangay Lapasan and Barangay Iponan of the 1st Dongkoy Emano Cup. With them are Vice Mayor Caesar Ian Acenas and Councilor Alden Bacal. Lapasan won the championship crown and went home with the top prize of P30,000. PHOTO BY GERRY L. GORIT

DOLE-10 urges jobseekers to register at Phil-JobNet

By APIPA P. BAGUMBARAN, Contributor

THE Department of Labor and Employment (DOLE) - Regional Office 10 urged jobseekers to register at www.phil-job.net, the official job portal of the government.

fication via electronic mail or SMS, he said. In the meantime, Dan-nug encouraged jobseek-ers to join the job fair on June 14-15 at the City Hall grounds. He also advised those already registered with the Public Employment Service Office (PESO) in the city to attend the Job Fair early and get the job they are wishing for.

Assistant Regional Di-rector Crispin D. Dannug, Jr. advised applicants to open an account with Phil-JobNet and browse through the available vacancies to match their skills. According to him, em-

ployers can also view the profile of applicants who match the requirements of the vacancy they posted in the website. An applicant, who suc-cessful ly obtained a job match, will receive a noti-

The two-day Mega Job Fair was organized by the city government of Cagayan de Oro as part of its com-memoration of the 114th Independence Day and 62nd Charter Day celebration of the city. The DOLE Cagayan de Oro-Misamis Oriental West Office, on the other hand, is extending technical support to the conduct of the City job fair.

CdeO all set for June celebrations

THE city has commemorated the 114th Independence Day on June 12, but is also set for today’s (June 15) 62nd Charter Day celebration of Cagayan de Oro, and the 151st birth anniversary of Gat Jose Rizal on June 19. Councilor Adrian Barba, chair of the committee cre-ated by Mayor Vicente Emano to make preparations for the historic celebrations, said several activities will highlight commemorative rites for the important cel-ebrations. Flag-raising rites and fitting programs will take place at the Kiosko Kaga-wasan today and on June 19 to be led by Mayor Vicente Emano, Vice Mayor Caesar Ian Acenas, and city coun-cilors. June 12 has been high-lighted by the launching of the 3D Art Museum at the Community Ampitheater. The Kagay-anons also en-

joyed a Night with Abi (Fiesta sa Nayon) at the Golden Friendship Park. Last Wednesday, the De-partment of Education held a Cultural Night at the Kiosko Kagawasan, and starting yesterday (June 14), the two-day Mega Job Fair 2012 at the City Tourism Hall. A civic-military parade composed of city hall officials and employees, barangay of-ficials who will be on their baro’t saya, and the Drum and Bugle Corps of private and public schools, with the participation of boy and girl scouts of the Philippines, will highlight the city’s Charter Day celebration. Tonight, the public can watch and enjoy a concert at the park at the Kiosko Kagawasan. Continuation of the city’s sportsfest takes place on June 18 at the City Hall quad-rangle. This day will also mark the opening rites of

Health center opens in Calaanan relocation siteBy ELAINE O. RATUNIL

Contributorof Cagayan de Oro City Mayor Vicente Y. Emano after he led the opening of the newly built health center in the Calaanan Relocation Site. The health center was made possible by the joint ef forts of the city gov-ernment, the Philippine

BESIDES providing de-cent homes, addressing the health needs of new residents in the various relocation sites in the city is of utmost importance. This was the message

Charity Sweepstakes Office (PCSO) Employees Union, and the Mater et Puer Foun-dation, Incorporated, a civic group of progressive women of Davao City. “Sa ngalan sa kagam-hanan sa dakbayan, mapas-alamaton ako’g dako niin-ing dalaygon nga proyekto.

Dako kining tabang diha sa pag-amuma sa kahimtang sa panglawas sa atong mga kaigsoonan (In behalf of the city government, I’m deeply grateful to this notable project. This is a big help in addressing the health needs of the residents),” the mayor said. JUNE/PAGE 10

BusinessWeekMINDANAO June 15-17, 2012 9Misor.TodayMisor.Today

Republic of the PhilippinesSUPREME COURT

REGIONAL TRIAL COURTBranch 44

Initao, Misamis Oriental

IN RE: PETITION FOR JUDICIAL SP. PROC. NO. 2012-1087RECOGNITION/CONFIRMATIONOF FOREIGN JUDGMENT OF DIVORCE AND CANCELLATION OFENTRY IN THE LOCAL CIVILREGISTRY,

CHERYL LUNTAYAO COLEY, Petitioner,

-versus-

THE LOCAL CIVIL REGISTRAR OFMARIKINA CITY, Respondent.x------------------------------------------ /

ORDER

Finding the herein verified petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the initial hearing thereof be set on June 28, 2012, at 8:30 in the morning before this Court at Regional Trial Court, Branch 44, Initao, Misamis Oriental. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this petition. At the expense of the petitioner, let this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation. Let copy of this Order and Petition be furnished the Office of the Solicitor General and the Office of the Provincial Prosecutor for their appearance in this petition. SO ORDERED. Done this 16th day of May 2012 at Initao, Misamis Oriental.

ARTHUR L. ABUNDIENTE Acting Presiding JudgeBWM: JUNE 1, 8, & 15, 2012

REPUBLIC OF THE PHILIPPINESREGIONAL TRIAL COURT10TH JUDICIAL REGION

BRANCH 28MAMBAJAO, CAMIGUIN

IN THE MATTER OF THE PETITION SPL. PROC. NO. 460FOR CHANGE OF NAME IN THE FOR: Change of NameOFFICE OF THE LOCAL CIVIL REGISTRAROF GUINSILIBAN, CAMIGUIN,

SARAH FERGUZON LADICA RANARA, Petitioner,x------------------------------------------------------ /

ORDER

Petitioner, thru counsel avers that she is a Filipino, of legal age, single and a resident of Benoni, Mahinog, Camiguin; that she was born on March 18, 1992 at North Poblacion, Guinsiliban, Camiguin to her parents who were not legally married Atty. Rudy A. Tabalba and Cecilia Ladica Ranara; the fact of her birth was duly reported to the Office of the Local Civil Registrar of Guinsiliban, Camiguin and her birth record reflected her name as Sarah Ferguzon Ladica Ranara instead of Sarah Ferguzon Ranara Tabalba, her true and correct name as shown in her Oath of Office as SK Kagawad and Elementary Diploma; and that to avoid the public from being misled and confused and to forestall if not prevent the clouds of doubt as to the identity of the petitioner, this petition is filed. The petition being sufficient in form and substance is hereby set for hear-ing in this Court’s Session Hall on November 9, 2012 to start at 8:30 o’clock in the morning. Let copy of this Order and of the petition and its annexes be sent to each of the following:

1. Office of the Solicitor General: 2. Office of the Local Civil Registrar of Mambajao, Camiguin; 3. Office of the Local Civil Registrar of Guinsiliban, Camiguin; and 4. Office of the Provincial Prosecutor, Mambajao, Camiguin.

A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three consecutive weeks prior to the date of hearing. Any person or entity whose interest might be adversely affected by the proceedings in this case may file written opposition and personally appear during the hearing and substantiate the same. SO ORDERED. Done at Mambajao, Camiguin, this 16th day of May 2012.

RUSTICO D. PADERANGA Judge BWM: JUNE 8, 15, & 22, 2012

REPUBLIC OF THE PHILIPPINESREGIONAL TRIAL COURT10TH JUDICIAL REGION

BRANCH 28MAMBAJAO, CAMIGUIN

In the Matter of Petition for Issuance of MISC. CASE NO.112Owner’s Duplicate Copy of Original CertificatesOf Title No. P- 10889 of the Office of the RegistryOf Deeds of Camiguin,

MARINA B. SILAGAN, Petitioner, -versus-

ATTY. ALMA CONCEPCION M. PARREÑO,In her capacity as Ex-officio Register of DeedsOf Camiguin, Respondent.x------------------------------------------------------- /

ORDER

Petitioner, Marina B. Silagan, of legal age, Filipino, widow and resident of Kuguita, Mambajao, Camiguin, thru counsel, states that she is the donee of a parcel of land, situated in the Barrio of Tagdo, Municipality of Mambajao, Province of Camiguin, duly registered in the Office of the Register of Deeds of Camiguin under Original Certificate of Title No. P-10889 with an area of 1,991 square meters. That the owner’s duplicate copy of the OCT of the aforesaid parcel of land was lost and despite earnest effort to locate it, the same was of no avail. The fact of such loss was duly registered in the Office of the Registry of Deeds of Camiguin. That the subject Original Certificate of Title was not delivered to any person or entity to secure payment or performance of any obligation whatso-ever and there exist no deed or instrument affecting the said land which had been presented for or pending registration in the Register of Deeds. There is no co-owner’s, mortgagee, and lessee duplicate of the aforesaid title issued before it’s lost. It is the main thrust of the petition that after hearing the Owner’s Duplicate of the Original Certificate of Title which was lost be declared null and void and a new Owner’s Duplicate of Original Certificate of Title No. P-10889 be issued in lieu thereof under the same terms and conditions as contained in the original on file. The petition being sufficient in form and substance is hereby set for hearing on August 9, 2012 in this Court’s Session Hall, to start at 8:30 o’clock in the morning. Let copy of the petition together with all its annexes and of this Order be furnished the Register of Deeds at Mambajao, Camiguin; The Administrator, Land Registration Authority at Quezon City; and Provincial Prosecutor of Camiguin. The Process Server of this Court is directed to post copies of this Order in the 1.) Bulletin Board – Public Market, Mambajao, Camiguin; 2.) Bulletin Board – Municipal Hall, Mambajao, Camiguin; 3.) Bulletin Board – Provincial Capitol, Mambajao, Camiguin; and 4.) Bulletin Board – this Court. Let copy of this Order be published at petitioner’s expense once a week for three consecutive weeks prior to the date of hearing in any newspaper of general circulation in the Province of Camiguin. Any person or entity whose interests might be adversely affected by this proceeding may file written opposition within a reasonable time prior to the date of hearing and appear personally during the hearing to substantiate the same. SO ORDERED. Done at Mambajao, Camiguin, this 17th day of May 2012.

RUSTICO D. PADERANGA JudgeBWM: JUNE 8, 15, & 22, 2012

RECOGNIZING CORPORATE PARTNERS IN LOCAL DEVELOPMENT Mayor Juliet Uy (4th from left) of Villanueva, Misamis Oriental led local officials in presenting a Special Award of Recognition to energy-firm STEAG State Power Inc for its valuable contribution to the socioeconomic development of Villanueva. Steag was cited for helping boost the local economy not only through its business activities but also for its numerous community-based social development and environmental protection programs. The award was received by Steag Plant Manager Dr. Carsten Evers during the opening ceremony of the June 11-16 weeklong celebra-tion of the Villanueva 50th Charter Day.

Moreno underscores good governance to better economic performance

By JORIE C. VALCORZA

MORENO

CITING the country’s recent economic gains, Misamis Oriental Governor Oscar S. Moreno urged government workers to adhere to the principles of good gover-nance and build on what on our forefathers have started. In his speech during the Independence Day rites, Moreno said the Philippine economic performance has continued to impress many economist worldwide as it continues to hit impres-sive gross domestic product growth rates. He further noted that by the second half of this year, our country will get another upgrade or recogni-tion from the international community. “These gains will mean higher credibility rating for the country, lighter debt burden, more jobs and op-portunities for the Filipino people,” he said. With this, Moreno point-ed out the need to maximize the province strategic ad-vantage through attrac-tive and investor friendly governance. “We need not only invite new industry players but also work on retaining the old ones. We are part of a bigger competitive world and we need everybody’s (especially the local officials) cooperation for a more in-vestor attractive province,” he added. “Let us continue building what our great forefathers have started, and let the seed

of inspiration that they have planted sprout from today and to the future genera-

tions to come, that it may bring good name to Misamis Oriental,” Moreno stated.

MisOr wins in geographic info competitionBy MIKE BAÑOS, Correspondent onstrated by its creative,

effective and innovative use of GIS tools and meth-ods into developing GIS-based technology systems and services for sustain-able resource allocation and socio-economic devel-opment in the province.” Ms. Sajulga said the provincial planning of-fice’s “Heavy Equipment Locator Map” application which was developed in consultat ion with Gov. Oscar S. Moreno and pro-vincial engineer Roland Pacuribot can pinpoint the current locations of all the Provincial Engineer’s Office’s heavy equipment. “Ours was the only GIS application among the par-ticipating... teams which

THE geographic informa-tion systems (GIS) team of the Misamis Oriental pro-vincial government won in a competition among local government units under the Austra lian-assisted Ph i l ippi ne Prov i nc ia l Roads Facility. Cha issa D. Saju lga , acting provincial planning and development officer, said the provincial team was awarded the best in GIS application among participating local govern-ment units in Pasig City last May 25. The team was selected “in recognition of its out-standing presentation of its (GIS) application dem-

had an updating capability which also makes it useful for disaster management decision making and in-creased transparency to the general public since they now have an online source of verifiable data they can reference,” she added. The GIS map of Misa-mis Oriental can be ac-cessed in t he internet through the URL: www.misamisoriental.gov.ph by clicking on “GIS Interac-tive Map” on the menu. The map shows the loca-tion of the provinces road, bridges and ports; tourism sites; school bui ldings, r ivers and creeks, and geo-hazard maps, among others.

10 BusinessWeekMINDANAOJune 15-17, 2012 Congress•WatchCongress•Watch

Rufus seeks investigation on P1.1-B PNP gun license deal

Rep. Rodriguez

THE House committee on public order and safety was asked yesterday to look into the P1.1-billion gun license contract awarded by the Philippine National Police (PNP) without public bidding. In March 2010, then PNP chief Jesus Verzosa and direc-tor for logistics Luizo Ticman awarded the 15-year con-tract to Nanjing Industrial Tools and Equipment Co., represented by its president, Romeo Macapinlac. In Resolut ion 2459, Cagayan de Oro City Rep. Rufus Rodriguez said the transaction violated the law on government procurement since it was done without benefit of public bidding. “Such a huge project should have been undertaken

through public bidding,” he said. Rodriguez said he could not understand why the PNP under Verzosa and under new PNP chief Director General Nicanor Bartolome allowed the payment of the P150 firearm license fee directly to the contractor and not to Landbank, where the PNP deposits its collections. He added that the PNP is committing another illegal-ity by allowing such direct payment. Rodriguez also said that

the PNP could earn a lot of money for the treasury if it is the one producing the firearm license card instead of contracting a private com-pany to do it.

He said there are millions of gun licensees, security guards and holders of permits to carry their firearm outside residence (PTCFOR) who pay for license and permit to carry cards. He noted that in the past, the fee for the card was part of gun license fees, which a license holder paid to Land-bank cashiers at the ground f loor of the PNP Firearms and Explosives Division in Camp Crame, Quezon City. Like Rodriguez, Inte-rior and Local Government Secretary Jesse Robredo has also expressed doubts on the legality of the PNP-Nanjing deal. Robredo has reportedly ordered Bartolome to explain why the contract should not be scuttled. The transaction has also been questioned in the Sen-ate by Sen. Panfilo Lacson, who was PNP chief during the Estrada administration. Rodriguez also suggested that the PNP should consider mailing gun licenses instead

of firearms holders going to Camp Crame or PNP regional offices to renew their licenses. “Once the licensees re-ceive their license cards, all they have to do is go to the nearest Landbank branch and pay the fees,” he said. He said this system avoids so much inconvenience on the part of millions of fire-arms licensees.

Lapses Bartolome admitted that there were lapses in the P1-billion license card deal for over a 15-year period. He said he is expecting today a copy of the final re-port of the technical working group (TWG) on the alleged questionable deal with Nan-jing, which will be submitted to Robredo on June 15. “There might have been lapses in the administrative procedures. But we have found some possible imme-diate remedy on this. What is important is that we can complete the result of the TWG,” Bartolome said. Records showed that as per DILG legal office’s computation, Nanjing has been printing an average of 21,818 cards per month for the PNP’s Firearms and Explosives Division (FED) and 20,245 cards per month for the PNP’s Supervisory Office for Security Agencies. This means that over a period of 15 years, at a cost of P150 for each card, the contract is worth a stagger-ing P1.1357 billion. Bartolome welcomed the investigation to be conducted by the House of Representa-

tives on the license card deal. “As far as the P1-billion license fee is concerned, we welcome this development so that we can properly put to a close this issue,” the PNP chief said, adding he learned that Rep. Rodriguez is initi-ating an investigation to be conducted by the committee on public order and safety. Earlier, Robredo issued a March 30 deadline to inves-tigate the questionable deal. Bartolome said the PNP was able to comply to the deadline where he mentioned three options. However, he could not re-call the options but promised to submit their final report to the DILG chief on June 15. According to Bartolome, after the submission of the report last March 30, Ro-bredo met him, Civil Secu-rity Group (CSG) director Chief Superintendent Gil Meneses, Supervisory Office for Security and Investiga-tion Agency (SOSIA) head Chief Superintendent To-mas Rentoy and FED chief Senior Superintendent Raul Petrasanta last April 11. Although there were lapses, the PNP chief said the deal with Nanjing might not be canceled.

Helicopter mess Meanwhile, Bartolome said the 12 active police personnel who were linked to the helicopter procure-ment mess might be removed from the police service as ordered by the Office of the Ombudsman. Bartolome said even a temporary restraining order (TRO) cannot stop the Om-budsman’s order to dismiss the 12 policemen, including two police generals. “According to the Om-budsman resolution, a TRO for this nature cannot stay (the dismissal),” he said. The policemen were in-volved in the procurement of three helicopters previ-ously owned by former first gentleman Mike Arroyo, which were passed off as brand new but turned out to be previously owned and were already five years old. The PNP chief said the PNP Legal Service has re-ceived a copy of the Ombuds-man’s ruling, which has been forwarded to the office of the Chief Directorial Staff.

with college or higher education (17.6 percent). Among women who had attained high school or higher level of education, unmet need for spacing births is higher than for limiting births. Family planning has w id e s pre a d p o s i t i ve impacts for population health and well-being; contraceptive use not on ly decreases unin-t e n d e d p r e g n a n c i e s and reduces infant and maternal mortality and morbidity, but it is criti-cal to the achievement of Millennium Develop-ment Goals.

Aves..from page 6

women as compared to 7.2 percent of non-poor women have unmet need for limiting. Poorer women are more likely to have an unmet need than richer women and this effect is attenuated when educa-tion is included in the analysis. Based on the 2011 FHS results, un-met need decreases with increasing education; it is highest for currently married women with no education at all (29.2 per-cent) and lowest for those

11BusinessWeekMINDANAO

June 15-17, 2012

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial Region BRANCH 38

Cagayan de Oro City

2012-239NOTICE OF EXTRA-JUDICIAL SALE

File Number 2012-088

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135, as amended by Act No. 4118, filed by National Home Mortgage Finance Corporation, with postal address at 104 Amorsolo Street, Legaspi Village, Makati City, against Andrea G. Azuelo, resident of Lot 10, Blk. 14, Villa Trinitas Subdivision, Bugo, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of March 31, 2012, amounts to Nine Hundred Forty Three Thousand Eight Hundred Twenty Eight Pesos & 53/100 (Php943,828.53), Philippine Currency, as principal, interest, charges, excluding attorney’s fees and expenses of foreclosure, the undersigned Sheriff or his deputies will sell at public auction on JUNE 26, 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-66913

A PARCEL OF LAND (Lot 10, Block 14, Psd-10-015679, being a por-tion of Lot 1-D-2-E-9, (LRC) Psd-96900), situated in the Barrio of Bugo, Cagayan de Oro City, Island of Mindanao. Xxx; registered in the name of Andrea G. Azuelo, xxx, containing an area of One Hundred Twenty Six (126) 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/bidders may investigate for themselves the title above-described and encumbrances thereon, if any there be. Cagayan de Oro City, May 18, 2012.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

(Sgd.) REYNALDO L. SALCEDA Sheriff IVBWM: June 1, 8 & 15, 2012

on or before April 30 of the succeeding year. Any grantee who fails to submit the annual report to Congress shall be fined P500 per working day of noncompliance and t he reportorial compliance cer-tificate issued by Congress shall be required before an application for permit or certif icate is accepted by the NTC. The grantee shall con-form to the ethics of hon-est enterprise and not use its stat ions/faci l it ies for obscene or indecent trans-mission or for dissemina-tion of deliberately false information or willful mis-representation, or assist in a subversive or treasonable act.

Bill...from page 5

ABCCA- Calaanan. Tree planting and clean-up activities in relocation sites and coastal areas have also been incorporated in the program. Councilor Barba is invit-ing the public to participate and enjoy the scheduled activities and to relish the importance of the celebra-tions.

June...from page 8

near a disputed shoal in the South China Sea — Bangoy has not been able to sell He is a victim of sud-den Chinese restrictions on banana imports from the Philippines that China says have been imposed for health reasons but that Bangoy and other growers view as retali-ation for a recent f lare-up in contested waters around Scarborough Shoal. “They just stopped buy-ing,” Bangoy said. “It is a big disaster.” His plight points to the volatile nationalist passions that l ie just beneath the placid surface of Asia’s eco-nomic boom. It also under-scores how quickly quarrels rooted in the distant past can disrupt the promise of a new era of shared prosperity and peace between rising China and its neighbors. Scarborough Shoal, a cluster of coral reefs and

Banana...from page 1

today due to smok i ng-related diseases. In an inter v iew over Radio Mindanao Network here in Cagayan de Oro City, the Congressman ex-

Tax...from page 1

LPG...from page 1miere race management and organizing company will manage the competition. A state-of-the-art timing system will be used during the event which records the runners’ time and speed at various check points and the finishing line accord-ing to Kenneth Casquejo, RUNCHECK founder. Registration fees are set P500 for the 5k run, P800 for the 21k run, and P1,000 for the 42k run. The registration includes a singlet, race bib, timing chip, finisher’s shirt and finisher medal. The marathon allots a to-tal of 1 million pesos in cash prizes, where the champion will receive 100,000 pesos each in the 42k run for the male and female categories. The marathon is brought to Cagayan de Oro City by the country’s leading manufac-turer of industrial, medical gases, and liquefied petro-leum gas (LPG) – PRYCE GAS, Incorporated. The com-pany is a strong supporter of a smoke-free environment and started promoting ac-tive and healthy lifestyles through sports, especially running. Part of the proceeds of the marathon will go to various scholarships and community outreach programs of the company. Pr yceGa s president , Rafael P. Escaño said that the Pryce Gas International Marathon 2012 will entice the international community of runners and friends to come to Cagayan de Oro and see the beauty of its tourist spots and local scenery also pro-moting tourism and bringing in potential investors to the city. The event will take place on December 2, 2012. Inter-ested runners may register at Pryce Plaza Hotel, a l l Pryce Garden offices, Pryce Gases, Inc. sales centers and autogas stations or simply register online at http://www.prycegasmarathon.com or any Kwartagram branch (nationwide).

islets, lies more than 500 miles from the Chinese mainland and 140 miles off the northern coast of the Philippines, well within a 200-nautical-mile “exclusive economic zone” provided for by the U.N. Conven-tion on the Law of the Sea. But China — which claims most of the South China Sea, including portions also claimed by the Philippines, Vietnam, Malaysia, Brunei and Taiwan — insists that the shoal has been part of its territory since at least the 13th century and points to old maps that mark it as Chinese. For a while, it looked as if the quarrel — which began in April when a Philippine warship confronted Chinese fishermen near the shoal and stirred a surge of nationalist fury in both countries — could tip into armed conflict between Asia’s most potent military power and one of its puniest. China last year spent $129 bil lion on its armed forces, 58 times as much as the Philippines, according to data compiled by the Stockholm Inter-national Peace Research Institute. The f lagship of Manila’s navy, the boat that intercepted the Chinese fishermen, is a 45-year-old hand-me-down from the U.S. Coast Guard. Manila does have one potent asset: a 1951 mutual defense treaty with Wash-ington that the Philippines believes puts the world ’s most powerful navy on its side. The United States has a policy of not taking a posi-tion on territorial disputes in the South China Sea and has been ambiguous about what it would do in the event of a conf lict. President Benigno Aquino III visited the State Department and the White House on Friday to press for clarity on U.S. intentions. Trade as ‘foreign policy tool’

Although rich in f ish and long used as a shelter by Chinese and Philippine f ishermen, Scarborough Shoal has no major economic or strategic value. But it has acquired great significance for both countries as a test case for issues of sovereignty that will help determine who gets to exploit potentially large reserves of natural gas and oil in other contested areas of the South China Sea. China and the Philip-pines have stepped back from the brink, curbing their angry rhetoric and halting a buildup of ships near the shoal, which the Chinese call Huangyan Island and the Filipinos know as Panatag Shoal. But bananas are the Philippines’s second-biggest agricultural export, and for growers more than 700 miles from the disputed area, the damage is done. “We are collateral dam-age,” said Stephen Antig, executive director of the Pilipino Banana Growers and Exporters Association, a group based in Mindanao’s Davao City, the center of the Philippine banana business. He estimates that as many as 200,000 people in the re-gion will lose their livelihood if China continues to curb imports. Antig had been due to visit China soon to talk to buyers but is going instead to Iran and several Arab countries in search of substitute markets. Bangoy, the banana grow-er in Panabo, has no doubt that his China woes are con-nected to the Scarborough Shoal fracas. The Philip-pines, he noted, “has been selling bananas to China for more than 10 years without problems, so why did this suddenly happen now?”

and conditions of the fran-chise and on its operations

plained that many of his colleagues in the Congress shared the same outlook, as they too have personally experienced the ill effects of smoking. When asked about pos-sible entr y of smuggled cigarettes, he admitted it is among his apprehensions and should be given more

emphasis. House Bill 5727 or the Sin Tax Bil l has a lready been approved by the House of Representatives before ending its second regular session. Tobacco farmers on the other hand have expressed fears that the bil l would affect their incomes.

12 BusinessWeekMINDANAOJune 15-17, 2012

MyPhone Online Inter Fan Club Dance ChampionshipIN what can be yet another Block-buster Event, MyPhone will be uniting all the Fan Clubs of the Philippines and engaging them in a fun but competitive Dance Championship to be held on the 15th of June 2012 at the Main Activity Center in Market Market Taguig. According to MyPhone’s VP for

2 GO EXPRESS PARTNERS WITH MYPHONE2G0 Express General Manager Bing Arroyo, right, shakes hands with MyTel Mobility Solutions, Inc. President Jaime Alcantara after signing an agreement. The courier company announced Monday the launch of “2G0 Express Padala Center, Magpadala at Manalo” - a promo where customers are entitled to a free brand new cell phones and gift certificates for a minimum of Php450 (accumulated) worth of transaction.

Marketing and Business Develop-ment, Richie de Quina, the event could be the Biggest gathering of Fan Clubs in the country. We are expecting more than 15 Teen Stars to attend and give their support to their Fan Clubs that will be performing their championship dance routine.

More than Php 500,000 pesos in prizes and giveaways is in store for the winner of the competition. Likewise, MyPhone shall be conduct-ing a weekend SALE of its ANDROID Phone A818 at only Php 3,999.00! For more information please log on to www.facebook.com/myphone or youtube.com/myphoneoffi cial