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www.businessweekmindanao.com Issue No. 96, Volume III • August 6-9, 2012
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Body formed to oversee Mindanao power woes
P360M CdO bridge
By IRENE DOMINGO, Reporter
WORKS for the construction of the 250-linear meter, P360million JR Borja bridge project will start on September, Mayor Vicente Emano said in a press statement. The mayor said the bridge project will link the heavily congested JR Borja to Barangay Carmen, one of the densely populated barangays in the city. The mayor has worked for the implementation of the project under a Spanish grant for six years. The P360-million project is one of the five bridges in Northern Mindanao that will be funded by the Spanish government. The funds are available for the proposed bridge project and for just compensation payments to lot owners whose properties are affected by this development, according to Congressman Jose Benjamin Benaldo of the 1st District.
M
ALACAÑANG has formally created a monitoring body that will coordinate government efforts to improve power supply in Mindanao.
Sunset silhouettes children playing along the shores of Kinoguitan in Misamis Oriental. HOTO BY SHAUN ALEJANDRAE YAP UY
Zambo Sur miners seek legal help against TVIRD
Milk processing plant
MALUNGON opened the province’s first milk processing plant on July 25 and is now being eyed as one of town’s tourist attractions, a top official said. “I conformed to the idea that this dairy plant must also be an attraction to travellers,” said Mayor Reynaldo Constantino who led the ribbon-cutting ceremony. He was assisted by Emmeline Versoza, executive director of Philippine Commission on Women; Governor Migs Dominguez, Councilor Armand Guilley, Perfecto Corpuz from United States Department of Agriculture (USDA) and Board Member Eleanor Saguiguit.
By BUTCH D. ENERIO and BONG FABE Correspondents
SMALL-SCALE miners in Zamboanga del Sur recently filed a petition for a writ of amparo with a prayer for temporary protection order with the Court of Appeals here, alleging that a multinational mining company is out to “neutralize” some of their members. The petitioners belonging to the Monte de Oro Small Scale Miners Association (Mossma) operating in Sitio Balabag, Barangay Depore Lawyer Glocelito Jayma claims in Bayog, Zamboanga del Sur, TVIRD officials out to disintegrate said they have uncovered a plan by the top management of TVI members of mining group. PHOTO BY BONG D . FABE Resource Development Philippines
Inc. (TVIRD), to systematically end the lives, eliminate and liquidate the petitioners under the respondents’ “Oplan Bongkag” (Operation Destruction). The petitioners said they uncovered Oplan Bonkag through a series of electronic mail exchanges between certain officers of TVIRD. The group alleged that certain individuals in the payroll of the TVIRD executives constantly keep them under surveillance, tailing them during travels, and watching their residences and places of work by suspicious-looking men on motorcycles. Edgar Balingit, a member MossMINERS/PAGE 10
President Benigno Aquino III signed Executive Order No. 81 on July 30 establishing the Mindanao Power Monitoring Committee (MPMC) which is tasked to “monitor, harmonize and integrate recommendations designed to address the concerns of the Mindanao power industry sector,” Executive Secretary Paquito N. Ochoa, Jr. said in a statement. “The President approved the formation of the MPMC since there is a need for a team or a body that will study the feasibility of recommendations to address the power BODY/PAGE 10
Davao Region’s economy up 4.1% By JEANEVIVE D. ABANGAN Contributor
DAVAO City -- Davao Region’s grew in 2011 but at a much slower pace of 4.1 percent than the 5.0 percent rate in 2010 due to slowdowns of the industry and the service sectors. The region’s gross regional domestic product (GRDP) in 2011 grew by P8.9 billion in 2011 to P224.8 billion, from P215.9 billion in 2010 based on data of the National Statistical Coordination Board (NSCB) XI. NSCB XI attributed the slow growth of Davao Region’s economy to the deceleration of services ECONOMY/PAGE 10
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DAVAO City –- More highrise buildings and another IT Park constructions are underway or in the pipeline in this city. Recently, the RPRP Ventures Management and Development Corporation BUILDINGS/PAGE 10
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Mining as catalyst for growth remains unsubstantiated: Monsod CONSTITUTIONALIST, environmentalist, human rights advocate, and lawyer Christian Monsod has debunked with clear data the claims of mining proponents that the industry has the potential to be the country’s catalyst for economic growth and thus address mass poverty. “The role of mining is always described as ‘potential’ because mining has never played a major role in our development, even during the mining boom of the seventies and early eighties,” he said during the forum on Executive Order 79 at the Archbishop Patrick
Cronin Formation Hall last Thursday. This despite the fact that the Philippines is in possession of at least US$1 trillion of untapped mineral resources, according to the book Investing in ASEAN 2011-2012 produced by the Association of Southeast
Asian Nations (ASEAN). The book said the Philippines’ gold ore reserves alone is the third largest globally, estimated at four billion tons; while its copper ore deposits are estimated at 7.9 billion tons, which placed the country fourth largest. Also, the Philippines has the fifth largest nickel deposit in the world, estimated at 815 million. Aside from this, the country is blessed with deposits of high-grade chromite, silver and other minerals. If all these mineral re-
sources are tapped, the Philippines could fuel Southeast Asia’s emergence as a “global mining force” within the next few years, the ASEAN book claimed. Citing former Economic Planning Secretary Cielito Habito, Monsod said that based on the national input-output tables, that the backward linkages of mining is .46 or less than half of other industries and the forward linkages is a low .82 (below 1) – which does not put mining in “enough value adding activity” to
merit priority. “The reason, of course, is because most of the mining in our country, after 50 years, is still extract-andexport-ore activity and there is no significant industrialization footprint based on our mineral resources. Not surprising, since the mining companies have to protect their downstream plants or those of their partners abroad,” he said. Earlier reports cited NEDA Assistant Director General Ruperto Majuca as saying that the full im-
pact of the mining industry particularly on employment and the domestic economy continues to be limited. NEDA disclosed that the industry’s impact on the country’s gross domestic product (GDP) is less than P200 billion and fewer than half a million in direct and indirect jobs this year and next year. This was due to the mining output being just extracted material and exported without much intermediate processing. MINING/PAGE 9
Misor municipalities partner with DOLE to fight unjust labor By APIPA P. BAGUMBARAN Contribnutor
THE municipalities of Manticao, Lugait and Naawan have partnered with the Department of Labor and Employment (DOLE) in the campaign against trafficking in persons (TIP), illegal recruitment and child labor. The partnership of DOLE and the three municipalities, known as the ManLuNa cluster in Misamis Oriental province, was formalized through the recent signing of a memorandum of understanding (MOU) between the local chief executives of the three municipalities and the DOLE. “The DOLE regional office 10 is now ahead in the anti-child labor program of the department which is in support to the ‘Matuwid na Daan’ tenet of the present administration,” said lawyer Johnson Cañete, regional director of DOLE-10.
Under the MOU, the ManLuNa cluster shall be responsible to include in their respective programs the campaign against illegal recruitment, TIP, and child labor, as well as, assist in the dissemination and reproduction of information materials on anti-illegal recruitment (AIR), TIP and child labor among constituencies. It shall also institutionalize the conduct of preemployment orientation seminars, skills registry system and AIR/trafficking/child labor and other capability-building trainings in the cluster. Moreover, the cluster is also required to establish AIR, TIP and child labor help desks in the three local government units. DOLE-10, on the other hand, shall provide assistance and support in the conduct of trainings and capability building activi-
ties and coordinate with the public employment service offices (PESO) and career guidance network (CGN) in the cluster regarding the availment of DOLE services for capability of labor and management sectors on labor relations, productivity, dispute settlement, labor standards, livelihood programs, skills enhancement trainings and scholarships and employment programs for the constituents of ManLuna, among others. The Overseas Workers Welfare Administration, Technical Education and Skills Development Authority and the Regional Tripartite Wage and Productivity Board, CGN, League of PESO managers in Northern Mindanao and the Department of Interior and Local Government will also be providing assistance to the partnership to ensure the success of the campaign.
GenSan identifies five priority investment areas for PPP By CATHERINE T. APELACIO Contributor
GENERAL Santos City -The city government has proposed five priority investment areas to private sectors here, which they
could develop and operate under the public-private partnership (PPP) scheme. Meriam Buguis, department head of the City Economic Management and Cooperative Development Office (CEMCDO), pre-
sented the proposed investment areas at an investment forum on public-private partnership held here. Buguis expressed confidence that development of the sites would push local economy forward and help generate jobs for unemployed sectors in the city. She said the city government’s proposed investment sites include construction and operation of GenSan integrated food and transport terminal complex, GenSan “AAA Inter” Abattoir, and upgraded GenSan Central Public Market; and development of Klaja Karsts Ecotourism Park and Queen Tuna Park as tourism destination. The terminal complex is comprised of food terminal, transport terminal and “AAA Inter” Abattoir. Buguis said the current capacity of the terminal complex fails “to accommodate the increasing passenger traffic” aside that its presence in the heart of the city is “congesting the central business district.” PPP/PAGE 9
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Coal Asia IPO to be priced at par value COAL Asia’s planned IPO will afford the investing public the rare opportunity of buying in at the same price as Coal Asia’s incorporators. This is according to the company’s prospectus which reveals plans to list 800 million shares on the Philippine Stock Exchange’s first board by the fourth quarter of 2012. The Company continues to draw interest from potential strategic and financial investors from the power generation and cement industries as well as
investment funds with the objective of owning a stake in Coal Asia as a means to ensure continuous supply of coal and possibly hedge against another potential significant run-up in coal prices. The company is evidently keen on ensuring the timely development of its high-grade bituminous coal mines as they are strategically located in Mindanao where there is a rush to establish critically needed power capacity, giving Coal Asia a leg up on opportuni-
ties for long-term supply agreements for thermal coal in the region. And while the company previously confirmed having already bagged off-take contracts both here and abroad, Coal Asia also plans to supply steam-grade coal to cement plants, canneries, and manufacturing plants that have converted their diesel-powered plants into coal-powered plants to mitigate costs. The P726.87 million net proceeds from the IPO COAL/PAGE 10
Philex Petroleum upbeat on H2 PHILEX PETROLEUM Corp. expects to stem the net loss recorded so far this year as it gears up to match year-ago levels in the second half with the resumption of production at the Galoc oil field, an official said. “We expect the second half to be better than the first half and to be comparable to the second semester of last year,” Carlo S. Pablo, Philex Petroleum chief operating officer, said. If so, this will mean notching P15.33 million to match profits recorded for July to December 2011.
So far, the company has posted a net loss of P80.49 million in the first half of 2012 compared to a net income of P523.09 million in the same period last year which included a nonrecurring extraordinary income of P443.67 million. Earlier, Mr. Pablo said the production of oil from the Galoc field was postponed in November 2011 to April 2012, resulting in a net loss in the first half. Philex Petroleum said the temporary suspension of production at the Galoc oil field in service contract
14C1 was required while the Floating Production, Storage and Offloading (FPSO) vessel was being upgraded. He said the Galoc oil field is its main source of revenue as of now. The production of oil from the Galoc field has subsequently recommenced at normal rates. With the enhanced reliability expected from the Galoc operations following the FPSO upgrade, Mr. Pablo said they see an improvement in financial results from a loss. “We see two factors in PETROLEUM/PAGE 10
August 6-9, 2012
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Globe to finish Cebu network modernization GLOBE Telecom Inc. is set to complete the modernization of its network in Cebu following the completion of upgrade works in the Davao region. The cellular firm last week said it has completed the swap out of its cell sites and other network facilities in Cebu as part of the company’s massive $700-million modernization program across the country. The cell site cluster swap out in Cebu, said Globe, ushers in improved coverage, reduced drop call rates as well as better call setup and quality in the entire province and the Central Visayas region. The area has also been primed for switching-on of 4G HSPA+ (Evolved High-Speed Packet Access) technology and is also ready to upgrade to 4G LTE (Long-Term Evolution) technology. Close to 7 million Filipinos living in the island and its environs now enjoy superior signal strength, demonstrated by impeccable call connections and clarity, instantaneous text message transmissions and richer web browsing experience, among other services that now redefine their new mobile experience. “We consider this a major achievement as our local network engineering team, together with our foreign partners Alcatel-Lucent and Huawei, achieved the Cebu swap out in record time. The province of Cebu was divided into six network clusters, with teams simultaneously working on changing the cell sites. The total project was completed in 24 hours,” said Robert Tan, chief technical adviser at Globe. “This strengthens our capacity to expediently implement the replacement of the network infrastructure with minimal disruption on our services.” Globe president and CEO Ernest Cu hailed this positive development as a “major win” for Globe subscribers in Cebu, its adjacent provinces and the larger mobile community at the heart of the archipelago. The Cebu network change comes in the heels of the highly successful rollouts this month in southern Philippines, particularly in the Davao region, Zamboanga provinces and key areas of Mindanao, parts of northern and southern Luzon, as well as in the cities of Caloocan, Malabon, Navotas and Valenzuela in the National Capital Region.
NATIONAL Power Corp. plans to acquire diesel-based will be used in off-grid locations tribution utilities. SPUG operates some 290 power generators for off-grid areas across the country. across Luzon, Visayas and MinAccording to bid documents, state-owned Napocor is soliciting offers for the supply of 14 600-kilowatt, 11 300-kilowatt, and eight 100-kilowatt diesel generating sets and various power plant equipment. The company alloted.9 million
for the 14 600-kilowatt generators, the supply contract for which will be auctioned off on September 4. The remaining 11 300-kilowatt and eight 100-kilowatt generators have a budget of P79.4 million and will be bid out on August 8. Napocor said the generators
danao whose power services are under the company’s Small Power Utilities Group or SPUG. Off-grid areas are islands and remote areas that are not connected to the country’s virtual power transmission highways, which deliver electricity from major generating plants to dis-
relatively small power plants in these areas with a total capacity of about 278 megawatts. Most of the latter’s generating facilities run on expensive oil-based fuel. For 2012, Napocor received a P15 billion budget from the government to bankroll SPUG’s operations.
Investing made easy with BDO WHEN it comes to saving money, most Filipinos seem to be content to deposit their hard-earned money in the bank, thinking that interest from the time deposits would be enough to make their money grow. But with the low interest rates, it’s no longer enough. Investing is key to personal financial success, but why don’t people invest more? Some say they don’t have extra money to invest, others say they don’t know where to invest their money. Some are worried about the risks involved in investing, while others are admit they don’t know much about investments at all. “The investment literacy of Filipinos is not that great,” BDO Trust & Investments Group senior vice president Ma. Lourdes T. de Vera told ABS-CBNnews.com in a recent interview. “Ang alam lang natin ay bank deposits, paluwagan. But investing is for everyone, not just the super-rich. But the bottomline is - investing is a need, not a choice,” De Vera said people need to start saving and investing their money for the future. “We all know that we need to save and invest because we don’t want to work forever. One day we want to
rest and we don’t know until when we can work. Investing provides you with more options,” de Vera said. But the question remains, how do you start saving and where do you invest your hard-earned money? Would-be investors are often concerned about affordability, risks, returns, convenience and flexibility. De Vera said the Unit Investment Trust Fund (UITF) addresses these concerns. A UITF is a collective investment scheme where money is pooled from various investors into a single fund. The funds are invested in government securities, equities, corporate bonds, and other tradeable securities. “UITF offers good value for investors. BDO has the lowest fees in the industry. There are no agents’ commissions, no backend fees. The performance (of the UITF) is better than benchmark. Liquidity and underlying assets are tied to your objectives, so the underlying investment works for your objective. This is very transparent, regulated by the BSP. Prices are available daily, while reports are available monthly and quarterly,” de Vera said. To make it easier and affordable
for Filipinos to invest in UITFs, BDO is offering the Easy Investment Plan (EIP). Under the EIP, once you enroll your account, the bank will debit a certain amount (as low as P1,000) on a regular basis (once or twice month) to be invested in a UITF. If you enroll in BDO’s EIP, your money will be invested in a UITF that is most suited to your needs and concerns. “UITF is not a one-size-fits-all product. How do you know which is the right UITF for you? Where are you in the investment life cycle? Are you in the 20-40 age group, 40-50? If you’re around 20-40, you can afford to be more aggressive. But if you’re around 40-50, you have to be more conservative. And you have to ask where you intend to use the money. The more immediate your need, the shorter your time horizon,” de Vera said. BDO offers 4 kinds of UITFs: Peso Money Market Fund (shortterm fixed income securities), Peso Fixed Income Fund (medium to long-term fixed income securities), Peso Balanced Fund (combination of fixed income securities plus stocks) and Equity Fund (predominantly stocks). These are aimed at people with
REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN
SPL. PROC. NO. 465
ROSEMARIE C. WAMINAL,
Petitioner, -versusMUNICIPAL CIVIL REGISTRAR OF GUINSILIBAN, CAMIGUIN, Respondent. X---------------------------------------------------------/ ORDER Petitioner, Rosemarie C. Waminal a bonafide resident of North Poblacion, Guinsiliban, Camiguin, through counsel, alleges that she is the mother of Jonathan Waminal who was born out of wedlock on November 10, 1994 in North Poblacion, Guinsiliban, Camiguin. Her son’s birth was duly registered in the Office of the Local Civil Registry of Guinsiliban, Camiguin but which birth record erroneously recorded the first name of his mother as Rosalinda instead of the correct first name Rosemarie. In his Baptismal Certificate his mother’s first name was correctly reflected as Rosemarie as evidence by petitioner’s own Birth Certificate. The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on September 13, 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 Guinsiliban, Camiguin; 3. Office of the Local Civil Registrar of Mambajao, 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 in Mambajao, Camiguin, this 2nd day of July 2012.
IN THE MATTER OF THE PETITION FOR CORRECTION SPL. PROC. NO. 467 OF ENTRY IN THE RECORDS OF BIRTH IN THE OFFICE OF THE LOCAL CIVIL REGISTRY OF MAMBAJAO, CAMIGUIN, CHANGING THE SEX OF THE CHILD FROM MALE TO FEMALE, HERMIE B. MAANDIG, Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF MAMBAJAO PROVINCE OF CAMIGUIN, Respondent. X---------------------------------------------------------/ ORDER Petitioner, A Filipino citizen, of legal age, single and resident of 84-A, PabayoPacana Streets, Cagayan de Oro City thru the Public Attorney’s Office, alleges, that she was born on January 12, 1988 at Bug-ong, Mambajao, Camiguin to parents Eugenio Maandig and Minarda B. Balistoy. Her birth was duly recorded in the Office of the Local Civil Registrar of Mambajao, Camiguin but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in the Medical Certificate, issued to him by Sachiko D. Kaneko, M.D., of the Camiguin General Hospital, Mambajao, Camiguin. In order to correct such erroneous entry this petition is filed. The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on September 12, 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: Office of the Solicitor General; Office of the Local Civil Registrar of Mambajao, Camiguin, and the Office of the Provincial Prosecutor of 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 in Mambajao, Camiguin, this 13th day of July 2012.
(Sgd.) RUSTICO PADERANGA Judge MDN: JULY 23, 30 & AUGUST 6, 2012
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Napocor to acquire diesel-fed plants for off-grid areas
REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN IN THE MATTER OF THE PETITION FOR CORRECTION IN THE ENTRY OF BIRTH CERTIFICATE OF JONATHAN WAMINAL,
BusinessWeek
MDN: JULY 23, 30 & AUGUST 6, 2012
(Sgd.) RUSTICO PADERANGA Judge
different risk appetites. “If you’re the type who can’t take a lot of risk, you should in short-term fixed income securities. But if you’re bolder, you can invest in a bond fund. But if you have excess money and afford to invest longer, you can buy a combo of fixed-income securities and stocks. If you’re a risk taker and you’re young, and you have time, you can go to an equity fund,” de Vera said. De Vera said UITFs offer better returns than time deposit rates and beats inflation. It also offers flexibility and liquidity, since it can easily be withdrawn. Whatever your choice of UITF, de Vera said it is always good to remember the risk-reward rule: the higher the risk, the higher the reward; the lower the risk, the lower the reward. However, UITFs do not offer any insurance or guaranty on principal and returns, so it is important to understand the risks that come with your investments. You should also choose a credible and seasoned fund manager, and know the regulatory safeguards for investor protection. “When you invest with the trust department, we’re on the BDO/PAGE 10
REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN In the Matter of: Petition for Issuance of MISC. CASE NO. 116 New Owner’s Copy of OCT No. 3766 (Lot 1636-C4) in the Registry of Deeds of Camiguin, in lieu of the Lost Copy, RAMONCITA O BANGOT, ELENA O. NERI, ANGELITO ORCAJO, represented By their Attorney-In-Fact ELPIDIO NERI, Petitioners, -versusATTY. ALMA CONCEPCION M. PARREÑO, Provincial Pros., In her capacity as Ex-officio Register of Deeds of Camiguin, Respondent. X---------------------------------------------------------/ ORDER Petitioners, represented by their Attorney-In-Fact Elpidio Neri who is of legal age, Filipino, married and resident of F.S. Catanico, Cagayan de Oro City, thru counsel, states that petitioners are the sole heirs of the late Carlos Orcajo and Elpidia Almonia who left certain parcel of land located at Dinangasan, Compol, Catarman, Camiguin, identified as Lot No.1636 covered by Original Cetificate of Title No. 3766, in the name of the conjugal partnership of the spouses Carlos Orcajo and Elpidia Almonia, duly registered in the Office of the Register of Deeds of Camiguin. That the owner’s duplicate copy of the OCT of the aforesaid parcel of land was lost due to lapse of time and intervening circumstances like war, Hibok Hibok eruption and the process of transfer of documents from Misamis Oriental to Camiguin Province. 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 has not been pledge or used as collateral for any mortgage contract or for any contractual obligation or otherwise delivered to any person or entity to guarantee any obligation and for any other purpose. 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. 3766 over Lot 1636 – C4 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 29, 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, Catarman, Camiguin; 2.) Bulletin Board – Municipal Hall, Catarman, 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 interest 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 and substantiate the same. SO ORDERED. Done in Mambajao, Camiguin, this 11th day of July 2012.
MDN: JULY 23, 30 & AUGUST 6, 2012
RUSTICO PADERANGA Judge
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August 6-9, 2012
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Liceo U talents to perform with world-class artists
M
usic talents from Liceo de Cagayan University are all eager and geared up to collaborate with international tenor par excellence Sal Malaki and world-class pianist Rudolf Golez this coming August 10, 2012, 7:30PM at the Rodelsa Hall. This partnership is part of Liceo U’s thrust in education and cultural development among her students. T h e L i c e o Un i v e rsity Rondalla will have the chance to accompany Mr. Sal Malaki in popular pieces such as Agustin Lara’s Granada (Fantasia Espanola) and Non ti scordar di me by Ernesto
di Curtis. The Rondalla is one of the university’s foremost performing arts groups that train young students to develop their
musical inclination. The group is led by conductor and music teacher Mr. Dave Catalan. This will be the first time for the group to
share the stage with a great artist. Also preparing for her time with the tenor is Ms. Ma. Mylionette “Miles” Dioquino, a thespian singer, poet and a former language instructor of Liceo U. She currently works for the Liceo University Planning Office and as an online English teacher for foreign and domestic students. Although her day job is quite far from her passion, music will always be a part of her since she comes from a family of musicians. Her dad is a voice trainer and her aunt holds a degree in Music. Miles appeared as the Lady Thiang in Liceo
CEB connects Boracay and Palawan to Davao, flies from 6th hub THE Philippines’ largest national flag carrier, Cebu Pacific (PSE:CEB) begins operating direct flights from Davao to both Kalibo and Puerto Princesa today, providing invaluable linkages to these three tourism destinations. B oth routes will be available as a four times weekly service every Tuesday, Thursday, Saturday and Sunday, utilizing CEB’s brand-new Airbus A320 aircraft fleet.
“Starting today, two popular tourism destinations, Puerto Princesa and Boracay, will be within easy reach of Dabawenyos and vice versa. Providing accessibility across the Philippine islands continue to be one of Cebu Pacific’s top priorities, and is evident in the rest of the new routes we are launching later this year,” said CEB VP for Marketing and Distribution Candice Iyog. With the launch of four
weekly flights from Kalibo to Davao, CEB also bolsters its extensive Philippine route network with a 6th hub: Kalibo. From Kalibo, CEB currently operates thrice weekly flights to Hong Kong and 30 weekly flights to Manila, as well as chartered CEB flights from Kalibo to Taipei and Incheon (Seoul). Other CEB hubs in the Philippines are Manila, Cebu, Clark, Davao and Iloilo. CEB currently offers 63 domestic routes to 32
domestic destinations. “With Kalibo as our 6th hub, CEB continues to play its part in upholding the country’s tourism agenda, and making air travel affordable and accessible to even more Filipinos,” she added. CEB is slated to launch the following flights in the 2nd half of 2012: October 4 (Cebu-Coron, TaclobanLegazpi), October 5 (DavaoButuan, Davao-Dipolog, CEB/PAGE 10
U’s grand production of “The King and I” and as Mother Abbess in “The Sound of Music.” Miss Miles is also a former DJ, newscaster and voice talent. Another artist privileged to be part of this one-time concert is tenor Benjamin Santos, a voice coach for Liceo U’s Summer Voice Workshop who also conducts occasional vocal trainings for Liceo Basic Education and other music enthusiasts in the city. This one-night concert on August 10 is produced by Liceo de Cagayan University as a celebration of the 103rd Birth Anniversary of the co-foundress,
Madam Elsa Pelaez. The concerts and productions mounted by the university aims to make the arts more accessible to a wider audience and allow more people the chance to experience an expanded milieu of art forms. Proceeds of the concert will go to the Safer River Life Saver Foundation, Inc. To reserve your seats, please call 8584093 to 95 local 109 or text/call 09177222479 or visit the Office of Cultural Affairs (OCA) at the 2nd Floor of Rodelsa Hall, Liceo de Cagayan University, Rodolfo N. Pelaez Boulevard, Kauswagan, Cagayan de Oro City.
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August 6-9, 2012
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an office mate or a family member with mumps. After which, a prodromal period happens wherein symptoms are now felt by the patient: it may start with low grade fever, body malaise, muscle pains, headache, loss of appetite. Though approximately 20-30% of cases may be asymptomatic, with a walk in the moon so to speak, feeling nothing at all. This may last for 3 to 5 days, and it may be during this period when the parotid gland which is the most common salivary gland to be affected, located below the ears and near the jaw line) is swollen and is enlarged (thus the name of cheek munks, like my favourite show Alvin the chip munks). There are two important things to remember with mumps: first, that, it is contagious from about 3 days before the onset and up to 4 days after the start of active parotitis, and secondly, it is a benign illness unless, complications arise from it. It is the complications that one may be wary of, and it depends on the organ that may be involved: for men, it may cause orchitis (which
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Live Your List THINK a minute… If you made a list of your most important priorities, all the people and things that mean the most to you, what would be on your list? You would probably have things like your family, job, schooling, friends and fun. Now look at your life. Are you living your list? How are you spending most of your time? Do you really practice your priorities? Someone said: “If we don’t actually practice our priorities, then they’re not really our priorities.” Our actions and lifestyle speak much louder than our words. If we don’t live it,
we don’t believe it. How we spend our time shows what we love and care about. We almost always find the time to do the things we really want to. Unfortunately, our jobs, personal hobbies and pleasures can become more important to us than they should. Soon these pleasures and our profession can replace our most important priorities. They end up controlling how we live and what we do in our free time during the evenings and weekends. Maybe you realize today that you’re not really living your list. You’re not
spending most of your time on your most important priorities in life. You’re not spending enough time on your marriage and children, other people, as well as your own personal character growth. Most importantly, you’re not spending enough time on the most important person and priority in life: your own Creator Who has a great plan for your life. But you can start changing that today by asking Jesus Christ to forgive you for not putting Him first in your life. Jesus promises that if you will put Him first in every relationship and area
THINK A MINUTE
JHAN TIAFAU HURST
of your life, He will give you everything you need for the successful, satisfying life He created you to enjoy. So it’s actually quite simple: Jesus IS your list. Just think a minute…
Travel Convergence CEBU Pacific Air flies three times weekly from Iloilo to Cagayan de Oro at 1:50 in the afternoon and return to Iloilo at 220 in the afternoon of the same day. This development has created a travel loop connecting Western Visayas to Northern Mindanao in less than 1 hour when for several years this direct route connects at the time span of 24 hours weekly. It was served only by the shipping lines of Aboitez Super Ferry until it was acquired by Negros Navigation. Iloilo and Cagayan de Oro belongs to the top 10 cities of the Philippines. Two contrasting but progressive cities with similarities of terrain and tourist attractions. Iloilo has Guimaras Island while Cagayan de Oro has
Cheek munks A FEW days back, my second daughter called me up and she was in a panic mode, asking if she has been sick with mumps as a child or if she has had the immunization against it. I asked her, why the sudden interest on it, and she told me that, there were 6 students in her college (Dentistry ) , who are down with mumps and the students and faculty alike are kind of panicky. I told her , luckily , you have had your vaccine targeting the virus that causes mumps. Mumps is caused by a Rubula virus. It is an acute illness, self limited, though systemic. It affects males and females alike, all ages, though it is more common among children and young adults. The higher the age one gets the disease, the more severe is the presentation and the probability of complications arising from a simple mumps is greater. Man is the only known reservoir for the causative agent, and is spread through respiratory droplets and saliva, direct contact or through fomites. The incubation period ranges from 16 to 18 days after one is exposed to a classmate,
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some would say may affect one’s sterilit ). There may be hearing impairment or deafness, leading , thyroiditis, pancreatitis, to name a few of the organs that the virus may affect. Usually, the parotid gland may be unilateral or bilaterally involved, swollen, tender and painful. The diagnosis is usually based on the clinical manifestation and history of the illness. Once the diagnosis is made, it would be wise to isolate the patient for at least 5 days, to make sure that the viral illness is contained. Treatment is mostly directed at controlling fever and pain. Just like any viral conditions, this will resolve DIAO/PAGE 8
Camiguin Island. Both have rich historical connections to the Spanish heritage and culture but differ in economic undertakings. Iloilo has vast tracts of lands owned by Hacienderos which has a trace of the feudal system where tenants cultivate land for their top sugar products compared Cagayan de Oro’s freewheeling enterprise of land ownership which has various agricultural products and economic activities. Through the years both cities progressed as educational institutions of various disciplines produced top notch professionals now leading the business communities , the academe and in governance. It has its share of famous
leaders and politicians of various insinuations and characters. Connecting these two cities by air brings more gateway opportunities not only to travel but of more understanding to the history and cultures of both cities. Much more it has created an economic impact to tourism with more night’s stay and spending as the foreign visitor’s stay in the Philippines cannot be confined to only one area. Two nights in Iloilo and one more night in Cagayan de Oro or it could be vice versa. Tourists who are in Cagayan de Oro can find more flights going back to Manila. Director Catalino “Butch” Chan of the DOT Region 10 welcomes this travel development and
TRAVERSING THE TOURISM HI-WAY
PED T. QUIAMJOT may call on the Cagayan de Oro Travel & Tours Operators (COTTA) to explore more opportunities? It’s more fun tasting the famous “Batchoy” in Iloilo or the favorite “Sinuglao” of Cagayan de Oro. Tourism stakeholders and traders in our City can take advantage of this convergence to connect.
BSP Quit Smoking Program WHERE there’s no smoke, there’s no fire. This modified version of the well-known American proverb has seemingly become the mantra of Bangko Sentral ng Pilipinas (BSP) employees, who celebrated the start of the BSP’s “100% Smoke-free Policy” last week. Beginning August 1, 2012, all temporary smoking areas in the BSP have been removed, encouraging BSP employees to live healthier lives for themselves and their loved ones. “Lung cancer ranks as the number one killer in BSP,” Dr. Greg Suarez of the Bangko Sentral’s Health Services Office (HSO) said, adding that 11 BSP personnel have died of lung cancer since 2007. Of these 11, 10 were heavy smokers. The lone non-smoker who died of lung cancer was married to a heavy smoker, Dr. Suarez said. Alarmed by these statistics, the BSP immediately acted and started implementing programs to encourage smokers to quit. Among the BSP’s notable activities included the
“Break Free Stop Smoking Support Program,” “SixWeek Stop Smoking Support Program,” “Family Day Program,” “Stress Management and Weight Management Issues Program,” and the HSO’s weekly Kapihan sa Medical lectures. The BSP HSO has also been sending regular “etips” to BSP employees to help them quit the smoking habit. Here are some especially helpful ones: List the reasons why you want to quit and then keep copies of the list in places where you would normally keep your cigarettes, such as in your jacket, purse, or car. Your reasons for quitting smoking might include: • I will make my family proud of me. • I will no longer expose my children to the dangers of my second-hand smoke. • I will have a healthier baby (If you or your partner is pregnant). • I will lower my risk for cancer, heart attacks, strokes, early death, cataracts, and skin wrinkling. • I will feel healthier and have more energy, whiter teeth, and fresher breath.
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IGNACIO BUNYE • I won’t have to worry: “When will I get to smoke next?” • I will have more money to spend. Start your stop smoking plan with START. S = Set a quit date. T = Tell family, friends, and co-workers that you plan to quit. A = Anticipate and plan for the challenges you’ll face while quitting. R = Remove cigarettes and other tobacco products from your home, car, and work. T = Talk to your doctor about getting help to quit Explore healthier alternatives to smoking. Replace smoking with BUNYE/PAGE 8
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August 6-9, 2012
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August 6-9, 2012
Congress.Watch
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House leaders to ensure quorum Unemployed, stranded Pinoys as debates end on RH vote in Saudi forced to sell blood LEADERS of the House of Representatives vowed that there would be a quorum when the chamber votes on Aug. 7 on whether to wrap up debates on the Reproductive Health (RH) bill. Speaker Feliciano Belmonte Jr. and House Majority Leader Neptali Gonzales II said the chamber has been holding plenary discussions on the controversial measure almost every night to ensure that all sides are heard. If the debates are terminated, the bill enters into the period of amendments and would be presented for approval on second reading. As of press time, Cagayan de Oro Rep. Rufus Rodriguez was clashing with Albay Rep. Edcel Lagman, principal author of the bill. “There will be a quorum. I’m very confident there will be a quorum,” Belmonte told reporters. Gonzales said Belmonte formed a “text brigade” to ensure all members would attend the crucial voting. “On Tuesday a motion to terminate the period of debate will be made… and there will be no excuse for all that they don’t know what’s happening. That is fair notice to all,” he said. He said if, for some reason, there will be no quorum on Tuesday, “then that’s going to be a problem.” “It’s an indication that there is no support (for the bill). Because if there’s support, what will prevent them from attending and terminate the debates?” Gonzales said. “Of course, a lot of people will conclude that it probably is an indication of how the vote will go, finally. But I want to think that we are simply passing through one hurdle,” Belmonte said, offering a differing opinion. He said the debates on the RH bill have been dragging since the previous congresses. Waiting game Proponents of the RH bill want to see a vote taken by Congress on the measure soon but as far as the Senate is concerned, they will have to wait a bit longer.
Senate Majority Leader Vicente Sotto III, one of the main critics of the RH bill, said that he will avail of the turno en contra or the turn of the opponents of a bill to present their case and he will not be rushed. Sotto is not alone in wanting to present an adversarial position against the bill as Senate President Juan Ponce Enrile has also stated that he is not yet finished debating on the measure. The Senate has already closed the period of interpellation on the bill but Enrile is pushing to reopen this because he is not yet through asking questions about the measure. Sotto said that he anticipates the sponsors of the bill, Senators Pia Cayetano and Miriam Defensor Santiago, to oppose the move of the Senate President since they have been pushing for a vote to be taken on the bill. Cayetano, for one, has not hidden her impatience over the progress of the bill in the Senate, which has been debated on for more than a year already. “If the sponsors are no longer willing to accommodate the Senate President for a recall of the period of interpellation, I suggest that we discuss it in the period of debates during my turno en contra,” Sotto said. Sotto said that he is still preparing his side, which will consist of 16 major issues broken down into four chapters. He said that his presentation, consisting of volumes of documents and videos, would take at least two weeks to finish. “I will take the floor at least four times. I cannot do this everyday because there are other bills that have to be considered,” Sotto said. “I will spread it out over two weeks at the very least. The turno not only involves my thoughts, it will involve videos, documents, including those unearthed from the United Nations, even those they are keeping from the public eye. It’s an extensive research and so the presentation will be
very long,” he said. Sotto said that he has to avail of the turno en contra in order to show his colleagues and the public what the bill means apart from the tagline of maternal health and family healthcare. “I’m trying to convince my fellow senators to look into the bill more, to scrutinize it well, incisively and not just the motherhood statements that are being catered by the lobbyists,” Sotto said. As a preview of his presentation, Sotto outlined the four chapters that he mentioned, starting with the issue of contraception, the supply and distribution of which are key components of the bill. Part two of Sotto’s presentation would deal with the alleged lobbyists and people behind the bill. The issue of abortion would make up part three while the list of existing laws and other relevant executive issuances and treaties related to reproductive health would be part four. Sotto said that the fourth part of his presentation would show that there are already several existing laws whose objectives are the same as those proposed in the RH bill. He said that this would make the RH bill redundant and therefore unnecessary. Peaceful rally Meanwhile, Malacañang said the Catholic Church can go ahead with its protests against the RH bill for as long as it is peaceful. “Our only appeal for any movements of this nature, or any movements of any nature for that matter, is for it to be peaceful,” deputy presidential spokesperson Abigail Valte said when informed of the Church’s mobilization for a scheduled Aug. 4 rally. The national government will be coordinating with the Philippine National Police (PNP) in the EDSA Shrine area along Ortigas Avenue to make sure that all the protesters will be protected from any harm during what they dubbed as “Prayer Power” rally.
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LEGISLATORS have expressed alarm over reports that stranded and unemployed overseas Filipino workers (OFWs) in Saudi Arabia are forced to sell their blood to hospitals for their daily sustenance. This prompted Puwersa ng Masang Pilipino Rep. Rufus Rodriguez of Cagayan de Oro and his brother Party-list Rep. Maximo Rodriguez Jr. of Abante Mindanao to call for a congressional inquiry on the matter. In House Resolution 2542, the legislators urged the House of Representatives’ Committee on Overseas Workers Affairs to conduct the investigation and invite officials of the Department of Labor and Employment (DOLE), Philippine Overseas Employment Administration (POEA), Migrante Middle East and other agencies and entities to shed light on the matter.
Citing a report of the nongovernmental organization Migrante Middle East, the congressmen said a big number of an estimated 8,000 to 10,000 undocumented Filipino workers in Saudi Arabia are unemployed. They said the unemployed Filipinos are forced to sell blood to hospitals on a monthly basis just to survive or to raise funds for daily sustenance and support their families back home. According to the report, hospitals in Saudi Arabia pay around 300 to 500 Saudi riyals per 500 cubic centimeter of blood donated. “While there is nothing wrong with donating blood, it is quite different where donors are forced to do so in order to earn money and when their motive is to get money in exchange for the blood they donated,” said the Cagayan
Diao...
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte
from page 6
on its own. Completing one’s immunization early on in life, is prevention itself against certain ailments. Hand washing is a very simple procedure that costs little to none at all, but, is one important practice that can save lives.
Bunye... from page 6
short exercise sessions. Practice short meditation sessions. When the urge to smoke strikes you, slowly eat a small amount of dark chocolate. Try a little negative reinforcement. Keep a book that discusses the negative health effects of smoking near you. When you feel like you can’t resist that cigarette, reach for the phone and call a good friend. The most important reminder of all, quit for the sake of your loved ones. Note: You may email us at totingbunye2000@gmail. com.
In re: Petition for correction of entry SPL. PROC. NO 270-07-2012 (i) under “Sex” from ‘FEMALE’ to ‘MALE’ in the Certificate of Live Birth of ANGELES ASUMBRADO MANANO, JR. ANGELES ASUMBRADO MANANO, JR. Petitioner . -versusLOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE. Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER
ALAN L. FLORES Presiding Judge
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For: Correction of Entry
A verified petition for correction of entry in the Certificate of Live Birth of ANGELES ASUMBRADO MANANO, JR. as to his gender/sex which was erroneously entered as FEMALE instead of MALE was filed before this Court on July 23, 2012 by the herein petitioner, praying among others that after notice and hearing, an Order be issued directing the Respondent to effect the correction sought for. Petitioner alleges that he is Filipino, 19 years old, and resident of Purok 4, Licapao, Tubod, Lanao del Norte. He was born on November 6, 1992 at LNPH, Baroy, Lanao del Norte to spouses ANGELES MANANO SR. and LEONORA L. ASUMBRADO. The said birth was duly registered at the Respondent’s office and at the National Statistics Office. That under the entry of sex/gender, the one entered therein is ‘FEMALE’ instead of ‘MALE’, his true and correct sex. That the erroneous entry may have been inadvertently done by the one who entered the facts of his birth. He never undergone a sex transplant neither does he intend to submit for medical operation to change his sex. To avoid confusion and to put in proper order his Certificate of Live Birth, it is necessary that the errors be corrected in the sense that the entry for sex/gender be corrected from ‘FEMALE’ to ‘MALE’, to conform to his true and correct sex. Set the initial hearing of this case to September 17, 2012 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of the Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Baroy, Lanao del Norte, Public Attorney’s office in Tubod, Lanao del Norte and to the petitioner, Angeles Asumbrado Manano, Jr. whose address is at Purok 4, Licapao, Tubod, Lanao del Norte The petitioner is hereby directed to publish copy of this Order to BUSINESS WEEK, a newspaper of general circulation for three consecutive weeks, at his expense, to comply with the jurisdictional requirements of the Rules. SO ORDERED. Tubod, Lanao del Norte. July 24, 2012.
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de Oro City representative. “It is quite unfortunate that our overseas workers are placed in a situation where their circumstances force them to resort to donating blood for money,” he added. Rodriguez said most of the unemployed Filipinos left their previous jobs owing to abusive employers or because they are not being paid. “They are considered as illegal immigrants or TNT [tago ng tago] and undocumented because their passports and travel documents were lost or confiscated by their previous employers,” Rodriguez said. The legislators said that measures must be enacted to ensure that Filipino workers no longer resort to selling blood in order to earn but, more important, they are protected when in a foreign country and have jobs readily available to them here and abroad.
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Agri News
August 6-9, 2012
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DA to set up national rural development program THE Department of Agriculture (DA) is pushing for a nationwide version of the poverty-reduction initiative Mindanao Rural Development Program (MRDP). The planned Philippine Rural Development Program (PRDP) will “[aim] to increase the agricultural and fishery productivity and
incomes of small farmers and fisherfolk through the establishment of needed infrastructure that include farm-to-market roads, bridges, communal irrigation systems, and potable water systems, among other rural infrastructure,” the DA noted in its press release yesterday.
The DA is targeting to start the program August 2013 and will run until 2019. The PRDP will be funded through a $500-M loan from the World Bank, as well as $120 million from government and local government units and a $7 million grant from international funder
PPP...
portion of batangays Upper Labay, Olympog, Conel and Mabuhay. Priority development in this area includes road rehabilitation, hanging bridges, ladders and safety cables, campsites and cottages, tourist information center and ranger station, solar electric and water system, eco-lodge and other facilities for mountain trail, rock climb, zipline, among others. The government-owned 31,715sq.m Queen Tuna Park, on the other hand, could be developed into “a world-class tourism destination within the city.” Buguis said the project that could be constructed in this area may include tourism-related facilities like amphitheater, children playground, sea museum, exhibits, park, dancing fountain, baywalk, café, or anything befitting a tourism business by the bay. With the city continuously booming as evidenced by the mushrooming of high rise buildings, Mayor Darlene Antonino-Custodio urged the private sectors to help the government build the vision of making the city truly a “Magandang Gensan!” She said until it is
achieved, the tagline remains a welcome greeting, and “as brand” that embodies “the city’s vision which may only be achieved with the participation and support of the private sector.” “The government needs the support of private sectors in terms of fueling the local economy,” Custodio told local investors, citing their capability to finance huge projects which the government at times cannot. Eleazer Ricote, PPP Center director for Capacity Building and Knowledge Management Service, who was the forum speaker, defined PPP as “a range of possible contractual arrangements between public (implementing agency or local government unit) and private entities targeted towards financing, designing, implementing and operating infrastructure facilities and services that were traditionally provided by the public sector.” Ricote also described PPP as “social contract” of President Benigno Aquino III with the Filipino people. Therefore, “all transactions are transparent and above board” and it guarantees “the protection of public interest.”
ing companies claim that mining can provide jobs and prevent the exodus of jobseekers. Based on available statistics Monsod said that mining’s average contribution to GDP from 2000-2009 was only a mere .91 percent. This grew in 2010 to 1.30 percent. The industry’s average share to total employment from 2000-2009 was a mere 0.376 percent and 0.5 percent in 2010. He also said that the average contribution of metallic
mining to total exports in 2000-2009 was just 2.96 percent and 3.7 percent in 2010; while mining’s average share of investments to total investments is only 2.5 percent. Monsod also pointed out that from 1997 to 2010, the government from the mining companies in taxes, fees and royalties a total of P64.2 billion although total production value of mining companies in the same period totalled P842 billion.
from page 2
She also cited the lack of “appropriate facilities and technologies” for product handling inside the complex, which are way below international standards. The proposed development of the 20-hectare complex, which is pegged at P700 million also comes with the construction of a solid and liquid waste management facilities. The city also bids for the “redevelopment” of its 20,450sq.m central public market under the PPP scheme with an indicative cost of P200 million. The project will entail construction of a mall-type building complex which will replace the existing public market. The complex includes facilities like wet market; shopping center with commercial spaces and “crowd-drawer” addons such as recreational, amusement and entertainment facilities to include a parking building. Meanwhile, the Klaja Karsts ecotourism park project, according to the CEMCDO head, involves the development of several land sections covering some
Mining... from page 2
agency estimated the contribution of the industry this year to be only 0.74 percent of GDP. Projection for next year is 1.17 percent, while jobs will reach only 276,000 this year and 485,000 next year. In 2011 the mining industry had a lackluster performance mainly due to a slowdown in the manufacturing industry and, in part, the weak performance of the mining and quarrying sector. This sector contracted by 2.1 percent in the fourth quarter and a full-year growth of only 4.1 percent. “Extraction mining is known all over the world as a low job-generating activity. In our country, its average employment contribution over the years is about 1/3 of 1 percent of total employment…In the proposed Tampakan project in Mindanao involving some US$5.9 billion investments, the permanent jobs will only number 2,000, or an invested capital per job of about P125 million. The comparable rate for call centers is reportedly P6 million per job,” Monsod said as he debunked min-
Global Environmental Facility. “We will apply in PRDP everything that was good about the MRDP, and will fill in the inadequacies of the MRDP,” Agriculture Secretary Proceso Alcala said in a statement. For MRDP director Lealyn Ramos, the PRDP – which she called an “upscale” version of the MRDP – will also focus on providing enterprises to beneficiaries. Ramos told GMA News Online said the PRDP will be a “value-added chain” program, which will provide
indigent beneficiaries like farmers with enterprises to sell their products. “Hindi lang ang farmers yung plant lang ng plant and somebody else will market their product. They will develop their enterprises so they themselves will reap profits from their [product],” she said in a phone interview. Ramos noted that upon its implementation next year, the PRDP will serve as an “umbrella program” for the MRDP. The MRDP director said that the provincial level will head the national program,
unlike the Mindanao program which is led at the municipal level. The national poverty reduction program will initially cover Regions IV-A, IV-B, V, VI, VII and VIII, and all provinces under the Mindanao-based program.
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH AƩy. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a
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August 6-9, 2012
Economy... from page 1
sector from 7.4 percent in 2010 to 6.4 percent in 2011 The industry sector ‘s growth declined from 4.2 percent in 2010 to only 2.5 percent in 2011 also pulled down the overall growth of the Davao Region’s GRDP. NSCB XI noted a slight growth of 1 percent from 0.2 percent of the agri, forestry hunting and fishing sector but such growth failed to make up for reduction of the services and the industry sectors which accounted 51.6 percent and 29.5 percent, respectively, of the GRDP of the Davao Region. NSCB XI explained in a statement that the services sector consequently slowed down as a result of the decelerated growth pace of its sub-sectors in trade and repair of motor vehicles, motorcycles, personal and household goods; in financial intermediation; in public administration and defense; and in compulsory social security. Trade and repair of motor vehicles, motorcycles, personal and household goods decelerated from 10.2 percent in 2010 to 4.5 percent in 2011; financial intermediation likewise slowed down from 6.1 percent to 4.6 percent in 2011 due to the decelerations in banks and other financial institutions while the public administration and defense, compulsory social security sub-sector posted a negative 0.6 percent reduction from 7.9 percent growth in 2010. Still under the service sector, the transport, storage and communication (TSC) accelerated by 8.6 percent in 2011 from 2.7 percent in 2010 as all its subsectors, except water transport, favorably grew based on year-on-year comparison. NSCB also noted faster rates of the real estate, renting and business activities or RERBA sector which growth accelerated from 9.2 percent to 13.0 percent, and other services from 4.9 percent to 6.7 percent. The industry sector also grew in 2011 at slower pace from 4.2 percent in 2010 to 2.5 percent as a consequence of the decline in economic performance of its construction, mining and quarrying, and electricity and water supply sub-sectors. The construction subsector plunged to negative 5.4 percent from 10.7 percent in 2010 due to the reduction of public construction activities that the “notable private constructions in the Davao Region” failed to offset. NSCB XI said that the mining and quarrying sector sank deeper from a negative 1.9 percent in 2010 to a negative 23.4 percent in 2011 brought about by the continuous decline in the region’s gold production. The Electricity and water sub-sector performance also tumbled from 9.6 percent in 2010 to a negative 0.4
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percent due to the drastic decline in the region’s electricity generation, NSCB said. On the other hand, the agriculture, hunting, forestry and fishing (AHFF) sector posted what NSCB XI cited as a “sluggish growth” from 0.2 percent in 2010 to only 1 percent in 2011. The growth was due to the improvements posted by the production of palay, sugarcane, banana, pineapple, livestock and poultry. NSCB noted these commodities to have a combined percentage contribution of about 70 percent to the total agriculture sector in the region.
Buildings... from page 1
announced the construction of a P250-million twin tower condominium in Barangay Ma-a here. The company’s vice president Rafael P. Puno led the launching of the project at the Apo View Hotel. The project is in partnership with the group of Victorio V. Fadrilan, Jr., owner of the 2,700-square meter property where the condominium will be built. He said they decided to come to Davao City because of its growing market. Davao is an emerging market even as he said that they considered the growing number of people working here yet living outside the city. Puno said as much as possible, they want the end users to benefit from the condominium project although he said they cannot prevent investors from acquiring units for rental. He said they also considered the overseas Filipino workers as their market and those earning higher but still do not own a house. The project will be constructed within the next two years and construction will start within the year. It will have two 12-storey buildings with a podium for parking and 314 units to be sold. Meanwhile, an information and technology park is set to be established in MacArthur Highway, Matina this year. Jason C. Magnaye, head of Davao City Investment and Promotions Center (DCIPC), said the project dubbed Matina IT Park, will be established near New City Commercial Corporation (NCCC) Mall along MacArthur Highway, Matina. At least three buildings, all with four floors, will be constructed at the park. The Matina IT Park is a project of Plaza de Luisa Development Inc. “It is mainly for business process outsourcing firms,” Magnaye said. He said the company is planning to have a groundbreaking ceremony on its first building by the last quarter this year. The first building will have 3,000 square-meters per floor with a project cost of P100 million. The second building will have 2,000 square me-
ters per floor and the third building would have 1,500 square meters per floor. He said it would be the biggest IT Park in the city once it is fully operational. Magnaye said another six-storey hotel has just been completed along C. M. Recto Street in Davao City. The 3S Realty Corporation infused P80 million for the hotel construction. It has a land area of 3,726 sq. m. Another hotel is being built in the same area at C. M. Recto Avenue by the Davao Rogienel Corporation. It is built adjacent to their 50room Blue Velvet Hotel and Oroderm Medical Center. The hotel is being constructed in a 3,800-sq. m. area that will also host a small shopping mall. Magnaye said the opening of new hotels along the area aside from augmenting the increasing demand of more rooms in the city will also help revitalize a major downtown area in the city. (PNA)
Body... from page 1
situation in Mindanao,” Ochoa, Jr. said. “It will ensure that coordination and monitoring are in place to better the power situation in Mindanao,” Mr. Ochoa said, adding that MPMC will “develop a database on pertinent information regarding the power sector in Mindanao, assess the energy situation in the region and evaluate the viability of the recommendations put forward following the Mindanao power summit…” The Mindanao Development Authority will head MPMC, which will have representatives from the Energy department, Energy Regulatory Commission, National Electrification Administration, National Power Corp., and the Power Sector Assets and Liabilities Management Corp. Representatives from the Mindanao Electric Power Alliance and Association of Mindanao Rural Electric Cooperatives are enjoined to become MPMC members. President Aquino directed the MPMC to develop a database on pertinent information regarding the power sector in Mindanao, assess the energy situation in the region and evaluate the viability of the recommendations put forward following the Mindanao power summit, among others. Ochoa said initial funding for MPMC will come from the contingent fund and other sources that may be determined by the Department of Budget and Management; its subsequent budget will be incorporated in the regular appropriation for MinDA.
Miners... from page 1
Mossma’s paralegal team, said Oplan Bongkag was conceptualized to disturb the peace and order and cre-
ate scenarios in the mining site to justify the deployment of military and its Special Civilian Active Auxiliaries at the instance of TVIRD. Another alleged plan is to build road blockades and checkpoints to make it difficult for the inhabitants in the area to continue their livelihood activities and earn for their sustenance. “The reality is that Oplan Bonkag would destroy the existence of the indigenous people by depriving them of their livelihood. More than 60 percent of the settlers in the area belong to the Subanen Tribe who have been small miners since the mid-1980s,” Balingit said. Mossma lawyers Glocelito C. Jayma and Jarley D. Sulay-Trugillo denounced the TVIRD’s officials pronouncement before the Manila media denying all allegations lodged against in court by the Mossma. They said the media is not the proper forum and venue to present their evidence especially since there is now an ongoing hearing on the case against TVIRD. They were referring to the report submitted by NBI agent Francis V. Senora that claimed that the TVIRD emails that detailed “Operation Bongkag” were “maliciously created” and “did not come from an authentic source.” Aside from the NBI report, the TVIRD also presented during its press conference in Manila on July 30 the findings of the Pacific Strategies and Assessments (PSA), an international private risk assessment and security agency. In its findings, PSA claimed there were inconsistencies between the graphic interphase in the email printouts and the real or actual emails of TVIRD from its email system and provider, significant differences in domain addresses used in the “fake” emails and with real TVIRD emails, inconsistencies with date and time stamp formats and other email protocols used in the “fake” and real emails, and language, syntax and even grammatical inconsistencies. “We want a copy of that NBI and PSA report they presented to the media,” Jayma told local reporters during a press conference here. The petitioners for the writ of amparo are Arandy Silva, Roselyn Silva, Edgar Balingit, Dennis Paquit, Julieto Monding, Joe Cayabyab, Alex Cabug-os and Joselito Pedrano. The respondents are Eugene Mateo, T VIRD president and CEO; John Ridsdel Yulo Perez, Robert Jay Nelson, Renne Subido, Luis Jovito Santos Jr., Rene de Ocampo, Emmanuel Cayton, Paul Vincent Arias, Valentino Edang, Cipriano Bayan, Marlou Coranez and the blue guards of the TVIRD. The public respondents are Gov. Antonio Cerilles of Zamboanga del Sur and Mayor Leonardo Babasa.
“The public respondents were included in the petitions because of their close association with the TVIRD. We know that they have knowledge of Oplan Bongkag and have even given their approval for its implementation,” Balingit said. When asked for his comment on the issue, Cerilles said in a text message that the allegations of the petitioners were baseless and devoid of truth. He said most of the petitioners are working for the illegal miners in his province. “As governor, I am also concerned of the life, liberty and security of the petitioners, even though most of them are illegal miners if indeed there is real threat to them. After all, they are my constituents,” Cerilles said. He said the National Bureau of Investigation already conducted a probe on the alleged e-mail among the officers of the TVIRD. He said the NBI team reported that the emails were bogus. “The NBI has officially issued its finding that what the [petitioners] are using are fake e-mail, purportedly coming from TVIRD. Their petition should be denied. Dishonesty deserves punishment, not reward. In this case, they should be prosecuted for several violations of the law,” Cerilles said.
Coal... from page 2
earmarked to bring its Davao Oriental mine into production by 2014 and its Zamboanga Sibugay mine by 2015. Of the proceeds from the IPO, P100 million will be spent for the completion of the exploration and feasibility study of the Davao Oriental mine, P400 million for the development of the Davao mine, and the balance for continued exploration at the Zamboanga Sibugay mine and for working capital requirements. Coal Asia holds the second largest coal reserves in the country with coal assets worth P12.5 billion based on an independent valuation report by the Multinational Investment Bancorporation. And mine developments are on track mine developments are on-track with commercial production of 600,000 metric tons of high grade coal per year scheduled for 2014.
Petroleum... from page 2
reaching the same level of last year’s second half: first is if we achieve the same number of shipments we did last year and second is the lagging cost,” he said. Mr. Pablo also said that the company will be recovering from a loss, but it would be hard to tell if they will be able to breakeven this year. “I don’t know to what extent we can recover especially when you missed four months output. What is eight months of production
compared to 12 months,” he said. Philex Petroleum holds a total direct and indirect interest of 60.49% in Forum Energy Plc., the United Kingdom-based oil and gas exploration and production company with a focus on the Philippines. Forum Energy holds a 2.27% equity interest in the Galoc field.
CEB... from page 5
Tacloban-Iloilo), and October 20 (Cagayan de Oro – Zamboanga). The airline will also launch new routes out of Western Visayas: November 8 (Iloilo-Hong Kong, Iloilo-General Santos) and November 9 (IloiloSingapore, Iloilo-Puerto Princesa, Cagayan de Oro – Bacolod). The largest airline operating out of Davao and Puerto Princesa, CEB adds today’s launch to its list of milestones. CEB is the first and the only airline with direct flights from Palawan to Western Visayas and Mindanao. It is also the pioneer in connecting Western Visayas to Mindanao through air travel. CEB currently operates 10 Airbus A319, 20 Airbus A320 and 8 ATR-72 500 aircraft. Its fleet of 38 aircraft – with an average age of 3.6 years – is the largest aircraft fleet in the Philippines. Between 2012 and 2021, Cebu Pacific will take delivery of 22 more Airbus A320 and 30 Airbus A321neo aircraft orders. It is slated to begin long-haul services in the 3rd quarter of 2013. In its 16th year of operations, CEB had flown over 60 million passengers. It provides access to the most extensive network in the Philppines, with 32 domestic and 19 international destinations. The airline also remains a pioneer in the Philippine aviation industry by being the first to offer web check-in, self check-in, e-ticketing and Lite Fares. For booking and inquiries, visit www.cebupacificair.com or check out Cebu Pacific Air’s official Facebook and Twitter pages.
BDO... from page 4
same side. We’re doing business for you as the client. We place your interest above all. We listen to you, what your investment goals are and we invest for you,” the BDO executive said. The BDO EIP also benefits from the “Peso Cost Averaging” strategy, where “fixed amounts of investments in regular intervals over a period of time allow you to average your costs.” This allows one to invest without constantly monitoring the market. De Vera said the EIP addresses the investing and saving concerns of investors. “With the EIP, saving and investing becomes a habit. It’s simple, easy and automatic,” she said.
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