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www.businessweekmindanao.com Issue No. 48, Volume III • February 13-16, 2012
Market Indicators AS OF 5:55 P.M., FEB. 10, 2012 (Friday)
FOREX
PHISIX
US$1 = P42.48
4,783.52 points
30 cents
;
13.90 points
;
Briefly Policy on Cha-Ro
THE National Competitiveness Council (NCC) will continue pushing for a policy on chassis roll-on roll-off (Ro-Ro) in support of the ASEAN Ro-Ro agenda of President Benigno S. Aquino III. Henry Basilio, the co-champion of the NCC Infrastructure Working Group, noted that imperative to the success of the ASEAN RoRo initiative is the issuance of an executive order (EO) that would make chassis Ro-Ro (Cha-Ro) part of the Ro-Ro service. Basilio said the Philippines must allow the trailer trucks to be part of the Ro-Ro transport system, as done by other countries.
PH exports fall
MERCHANDISE exports fell an annual 20.7% in December to $3.33 billion, the lowest value in two years, supporting the case for another interest rate cut to boost domestic growth in the face of weak demand for the country’s main electronics shipments. Electronics and semiconductor shipments, which made up 45.6% of export revenues, contracted 32.7% in December from a year ago, the statistics office said on Friday. For the entire 2011, exports fell 6.86% against a government estimate of a 5% growth, and electronics shipments plunged 23.7%.
Power for airport
THE Regional Development Council (RDC-X), through its Special Committee on the Laguindingan Airport Development Project (LADP), sought to ensure that power supply for the Laguindingan airport would be sufficient once it starts operating in 2013. In a meeting held February 7, the National Grid Corporation of the Philippines (NGCP) disclosed that it has granted a temporary connection permit for the Misamis Oriental Electric Service Cooperative (MORESCO) I to energize its 10 MVA substation in Barangay Moog, Laguindingan. This is needed for the testing and commissioning of the airport facilities.
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EU: Peace deal vital to M’danao’s growth By IRENE DOMINGO Correspondent
W
HILE calling for the speedy forging of a final peace agreement, ambassadors from the European Union have reiterated their support to the Mindanao peace process, wherein the regional bloc currently provides P180 million in grants. EU Head of Delegation Guy Ledoux and ambassadors Wilhelm Donko of Austria, Jorge Domecq of Spain and Stephen Lillie of the United Kingdom came to Cotabato City Wednesday to voice anew the bloc’s support to the peace talks between the government and the Moro Islamic Liberation Front. “Our visit to Mindanao demonstrates the EU’s strong support for the Mindanao peace process. A peaceful settlement to the conflict is essential for the Philippines’ economic and social development, and we commend the GPH and MILF panels on their efforts so far,” Ledoux said in a statement. DEAL/PAGE 9
BUSINESS AS USUAL. White water rafting is back in Cagayan River after outfitters cleared the basic and advanced routes of logs and other debris. PHOTO COURTESY OF MENCHIT ONGPIN
Former DENR-10 chief hits claims hydraulic mining cannot be stopped By BONG FABE, Correspondent
A FORMER head of the regional office of the Environment and Natural Resources in northern Mindanao slammed claims that illegal hydraulic mining in the upstream of Iponan River cannot be stopped because of socio-economic considerations. “[That’s] bullshit!” an angry Raoul Geollegue,
former regional director of the Department of Environment and Natural Resources here, said during the Joint Municipal and Provincial Disaster Risk Reduction Management Council which tackled the rampant illegal hydraulic mining in the Misamis Oriental side of the Iponan River. Hydraulic mining along Iponan River. MINING/PAGE 7
Global links power Oro’s newest call center By MIKE BAÑOS, Correspondent
TWO homegrown Pinoys, A Fil-Am who traces his roots to this city and nearby Balingasag, Misamis Oriental, his two Pakistani-American friends, an Indian business manager based in New Delhi and clients in the US, United Kingdom and Australia lend a truly global flavor FBC Solutions provides a number of shared services for to the newest call center small business.
in this Next Wave City for Pinoy BPOs. FBC Solutions Corp. celebrated its first anniversary January 28th, a brainchild of cousins Niño Mae V. Duran and Nathan John V. Yap and family friend Noelle Noreen A. Juarez. Far-fetched as it seems, the venture arose from a confluence of unlikely events: POWER/PAGE 9
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February 13-16, 2012
Economy
BusinessWeek
MINDANAO
Banana export firm gets PhilGap certification
D
AVAO City -- A banana producer and exporter in the region was recently bestowed of the Philippine Good Agricultural Practices (PhilGAP) certification for meeting high quality standards in its operations.
The Tagum Agricultural Development Company Inc. (TADECO) announced that it is now PhilGAP-certified starting Jan. 4 until Jan. 3, 2013, after embracing PhilGAP requirements in assuring food safety. The Bureau of Agricul-
ture and Fisheries Products Standards (BAFPS) of the Department of Agriculture awarded the certification to TADECO after verifying on the firm’s compliance to food safety standards. TADECO quality management system manager
Reagan Navarro confirmed this saying that TADECO vice president for research, information and compliance division Dr. Benny M. Corcolon received the certification from DA-BAFPS director Angelina Bondad. Navarro said that PhilGAP’s programs are parallel to the aspirations of the company, which is “being a good corporate citizen.” She explained that the PhilGAP standards are priBANANA/PAGE 7
Aerial view of a vast banana plantation in Carmen, Davao del Norte.
JICA-funded M’nao topographic maps finished, up for validation COTABATO City -- The Japan International Cooperation Agency (JICA) has completed digital maps of Mindanao and presented for validation by local government officials of the island. The digital maps were presented during the “Topographic Mapping for Peace and Development in Mindanao” 2nd Technical Coordinating Committee (TCC) meetings held recently all over the island. JICA topographic map project team leader Yutaka Kokofu reported the successful production of new digital topo-maps covering all regions of Mindanao,
copies of which were distributed to LGUs and line agencies for validation. Secretar y Luwalhati Antonino, Mindanao Development Authority chair, said recipients of the maps were asked to validate the names of barangays, rivers, lakes, mountains, and other data as these will be incorporated in the maps before finalization. Antonino said MinDA expects the submission of the maps by end of February. The meetings were held separately in Davao City, General Santos, Cagayan de Oro City, and Zamboanga
City, attended by about 150 representatives from LGUs and line agencies such as National Economic Development Authority (NEDA), Department of Public Works and Highways (DPWH), Department of Tourism (DOT), Department of Science and Technology (DOST), Department of Agriculture (DA), Department of Environment and Natural Resources (DENR), Armed Forces of the Philippines (AFP), National Irrigation Administration (NIA), National Statistics Office (NSO), Bangsamoro Development Agency (BDA), contractors, and LGUS. “The updated maps will give us accurate geographic information that can be used in management of disaster risks, as well as management and protection of the environment and its resources,” Antonino said. The topographic mapping is a two-year JICAfunded project jointly undertaken by MinDA, JICA, and the National Mapping and Resource Information Authority (NAMRIA). Antonino said it aims to update the existing over-60year old reference maps of Mindanao and will be used as a technical support to the peace and development initiatives in Mindanao. The mapping project covers a total area of 100,500 km covering the six regions of Mindanao, and seeks to produce 205 high resolution maps with a scale of 1:50,000. Antonino said the new maps will contain information on the topography, rivers systems, vegetation and land cover, infrastructure and transportation network, populated areas, approximate administrative boundaries, annotation of geographic names including mountains, rivers, bays, municipalities, and barangays, MAPS/PAGE 4
4 February 13-16, 2012
Companies
BusinessWeek
MINDANAO
Hedcor, DASURECO energize barangay TO electrify the remaining unenergized barangays of Davao del Sur. This is the common goal that Hedcor Sibulan, Inc. and Davao del Sur Electric Cooperative (DASURECO) have agreed to pursue. Just last month, the residents of Sitio San Miguel in Brgy. Ruparan, Digos City, were part of the symbolic switch-on ceremony marking the eventual arrival of electricity in their barrio. Close to 100 households stands to benefit from the energization, making them the pilot recipients of this first project of Hedcor and DASURECO. “Sa sobra napulo ka tuig namong pag puyo diri, na amgo na gyud namo ang among pangandoy nga makabaton og kuryente. (In more than 10 years of living here, our dreams to have electricity is now realized.),” 29-year old
POWER IS ON. Digos City Mayor Joseph Peñas lead the symbolic power switch-on last January 30 at Sitio San Miguel, Barangay Ruparan, Digos City. Also present are Hedcor executives and members of the DASURECO board. The hydropower firm partnered with the electric cooperative in energizing unelectrified barangays in Davao del Sur.
resident Misuari Adel said. “For the welfare of our people, Hedcor and DASURECO make ways to attain the zerounelectrified barangays in Davao del Sur,” Digos City Mayor Joseph Peñas in his speech after the switch-on ceremony. Peñas led the ceremony, accompanied by Punong Barangay Jaime Mantilla. There were 6 electric posts initially installed to
connect the houses to the main power source. From the generation of the 42.5-megawatt Sibulan Hydro Power, Hedcor offered P3 million financial assistance to DASURECO, P2,000,000 of which is allotted for the energization of Sitio San Miguel while the remaining amount will be for the cooperative’s operations and maintenance expenses. On the same day,
Phoenix Petroleum 2011 net income rises by 19% • Phoenix leads among small players in Mindanao LISTED Phoenix Petroleum Philippines Inc. reported last week that its consolidated net income increased by 19 percent to P510 million last year from P427 million in 2010. Consolidated revenues also increased by 86 percent to P27.47 billion last year from P14.79 billion in 2010. The company attributed the growth to the 52-percent increase in sales volume last year and to the average 22-percent increase in selling prices compared with 2010. P h o e n i x Pe t rol e u m added that its continued retail network expansion has played a key role in driving last year’s fuel sales volume to increase. About 220 stations are now spread all over the country from 161 in 2010. P h o e n i x Pe t rol e u m said sales to commercial accounts, primarily to the airline, shipping, fishing, mining, power and transportation sectors, registered continuous growth last year. It supplied approximately half of Cebu Pacific’s jet fuel requirements and handles all their logistics needs in
Hedcor Vice Presidents Boy Jabonillo and Rolando Pacquiao turned over the P1 million checks to DASURECO. Retired RTC Judge Director Rodolfo Escovilla was on hand to formally accept the check. “Hedcor is our partner for the electrifi cation and for the sustainable development of the rural community in Davao del Sur,” Escovilla later said. Hedcor Sibulan, Inc.
operates the 42.5 MW run-of-river Sibulan Hydropower Plant and is committed to helping the community where it operates. Since 2008 up to the present, the company has dispensed P 5.4 million as part of its Corporate Social Responsibility projects focused in the areas of health, education and livelihood. Hedcor is a whollyowned subsidiary of AboitizPower, the hold-
ing company for the Aboitiz Group’s investments in power generation, distribution,retail and power services. It is a major producer of Cleanergy --- its brand for clean and renewable energy in the Philippines with several hydroelectric and geothermal assets in its generation portfolio and also has non-renewable power plants located across the country.
Maps...
Antonino added that the maps will be used for development planning on the island-region’s environment, security, peace and order, and economy. It will also aid in improving implementation of services to help uplift the socio-economic conditions of its people, especially those in critical
areas. “We c annot st re ss enough the importance of the data we can obtain through this project, especially now that we’ll be launching the Mindanao-wide river basin and watershed management program called MindaNOW - Nurturing Our Waters,” said Antonino. MindaNOW is another program spearheaded by MinDA that aims to integrate, coordinate, and harmonize interregional efforts to protect and rehabilitate Mindanao’s river basins and watersheds, and adopt these as key platforms for planning. Antonino said MinDA looks at the topo-map as an “indispensable tool” for the implementation of MindaNOW as well as its other programs on the economy and environment.
from page 2
among others. According to Kokofu there are additional specifications included in the digital maps like bathymetric data which covers underwater depth of lakes and ocean floors covering 58,000 square kilometers.
DEED OF EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS Notice is hereby given that the intestate estate of the late EDWIN E. BANUAG, who died on April 14, 2008 at Sabal’s Hospital, Puerto, Cagayan de Oro City, due to Cardiac Arrest; that the deceased during his lifetime as, left a BANK PASSBOOK at ALLIED BANKING CORPORATION, LAPASAN BRANCH, CAGAYAN DE ORO CITY, under ACCT NO. 0980070187 with the balance amount of Php 58,802.15, Philippine Currency, is the subject of DEED OF EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS in Favor to CESARIA E. BANUAG, surviving Mother of late EDWIN E. BANUAG, as per Doc. No. 365; Page No. 73; Book No. VIII; Series of 2012, under Notary Public of Atty. Emelito J. Marquino. BWM: JAN. 30, FEB. 6 & 13, 2012
BODYFLEX MASSAGE THERAPY SERVICES (Cagayan de Oro, Butuan, Davao, Cebu, Camiguin, Iligan & Gingoog City)
Mindanao. P h o e n i x Pe t rol e u m added that it has increased its market share to 5.33 percent in 2011 from 3.2 percent in 2010, excluding the liquefied petroleum gas and export sectors. In Mindanao, Phoenix Petroleum said it is the leading independent oil
company with a 14-percent market share. Overall, independent oil companies have been increasing their market share from 15.8 percent in 2007 to 22.8 percent in 2010. As of the first half of 2011, this has grown to 27.4 percent, based on Department of Energy data.
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Opinion
BusinessWeek MINDANAO
Stick with someone you already know THINK a minute… A recent study of fathers and their children was done in America with shocking results. The study showed that the average father spends only 37 seconds each day actually talking and listening to his child. Inside our family, we can live separate lives in our own world. Even though we live together, we don’t really know each other and what each of us is feeling and going through. A teenager’s gravestone read: “Couldn’t you see that I was dying?” Dad and Mom, sometimes we can read the weather signs better than we can read our own kids. Often we don’t know what they’re facing and feeling. We don’t know their fears,
hurts, or frustrations. Are we really listening and understanding each other? Or do we just go through the motions every day, but actually close our ears and hearts to them? Is it because we’re not really interested? Or do we simply not want to know the truth because we’re not sure how to handle it. We don’t want to be confused with the facts! Sometimes we parents choose to put our time and energy into our job and career because it’s easier than really dealing with our kids or our spouse. But the more we escape from each other and our relationship challenges, the more distant and lonely we become. Why not start a new
relationship with your mate and children? Today, you can start changing. You can start tearing down the walls between you and your loved ones, and start building a new, closer relationship with them. First, we have to let go of old hurts and anger toward each other. We must choose to forgive them and begin again. We also must stop having such unfair, high expectations of our kids, wife or husband, so they feel that we’ll only love them if they do what we want. You see, it all begins with starting a new relationship with the One Who gave us each other. In fact, Jesus died just so you and I could be forgiven of all our wrongs and enjoy a daily, personal
Can the Tourism stakeholders in Cdo crack the China market? OUR future tourism market is full of opportunities, with the hotel room’s expansion in the city estimated to add an estimated 700 international standard rooms at the 3rd quarter of 2012 and with a new airport middle of 2013, emerging market potential from our traditional trade partners can be expanded. In Cagayan de Oro City, aside from our corporate and local convention market, we have the Korean arrivals which rank as our top source of foreign business followed by the Filipino Balikbayan groups that includes Filipino expatriates working or living in some western hemisphere countries outside of the United States. According to the Asia Travel Magazine, China travel figures continue to remain the strongest growing market in the past 12 years. The Peoples Republic of China (PROC) is sending 33% of their outbound tourist to South Korea and growing by 13% annually. The Philippines is some 6 hours away from Korea and within the travel sphere of
Mainland China. The Chinese economy which is expected to overtake the United States of America in 2020 with a per capita income of USD 3000 ending 2011 compared to the United States USD 3,340. China has a stronger growth pattern from 2008 up to 2010 which is forecasted to surpass the US due to a higher Chinese Population of 1.3 Billion, a factor in contributing to the GDP. Gross Domestic Product is the total market of goods and services produced by a country in a specific period of time. It is divided among the countries personal consumption, investments, net exports and government spending. China achieved a higher growth pattern through a fixed value of their currency against the US Dollar and continuously undervalued their product cheaper thus “increasing” its export to the US and to the west. Using this statistical support, building our capacity and knowledge on how the Chinese tourists behave outside of their country in-
cluding the insights of their spending habits, tourism stakeholders could launched tour programs attractive to the young and old Chinese travelers. Strong cultural ties and family trees of rich Filipino Chinese traced their roots to the Chinese mainland. Relatives from abroad come and visit Chinese communities in the Philippines. Travel has brought the exodus of tourist filling up the hotel rooms in Manila during the Chinese New Year. Bus loads of Hongkong tourist crowd the Chinese Temple in Cebu during February. The gambling Casinos in Laoag, Ilocos Norte and Sta Ana, Cagayan Valley are filled to the rafters with tourist from Chinese Macau. In the far flung Misibis Resort in the Bicol Peninsula, Chinese tourist from Fujian Province frolic in the sun. Young vacationers and honeymooners are transported by All Terrain Vehicles (ATV) for a tour at the foot of Mayon Volcano or to the Cagsawa Ruins near Legaspi City. Tourist destinations in the Philippines have pecu-
Overspending and Budgeting IN the last month, I have been writing about the efforts of the Bangko Sentral ng Pilipinas’ Financial Consumer Affairs Group (FCAG) in disseminating helpful consumer tips, especially in light of postholiday debts. With Valentine’s Day just a day away, it behooves us to (again!) do some serious soul-searching on what we have always believed is a “need” to celebrate such occasions with a lot of unnecessary spending. According to the FCAG, understanding why we buy what we buy in the first place will help us make better decisions and take the necessary steps in controlling overspending. The FCAG explained that
the first and foremost reason for all this overspending is the consumerist world we live in: “Throughout our lives, we have been programmed to work hard to earn money to buy the things we need and then to work again to earn and buy again. It’s a vicious cycle.” It has also never been easier to buy the stuff we want, but don’t actually need. The availability of credit facilities and the ease of purchase tend to fuel our overspending habit. “Many of us don’t see or treat using credit cards as using real money, so it is easy for us to keep charging our purchases. We don’t feel the pinch of spending because we don’t shell out money at the moment,” the
FCAG pointed out. “There is a discord between pleasure felt now with the purchase and the pressure felt when the bills start to arrive,” it added. Most importantly, it is the lack of knowledge of the true costs of different financial instruments and how finances work that people tend to overspend. The absence of planning and poor record-keeping can likewise trigger impulsebuying and overspending. This is where the practice of budgeting comes in handy, the FCAG said. Sadly, most people resist making budgets, saying that it wastes too much effort and consumes too much time. The FCAG stressed that
budgeting does not really require painstaking numbers crunching (only a basic knowledge of addition and subtraction), and will take you no more than an hour to finish. Here are some tips: • The very first thing that you should do in making a budget is to gather every financial statement that you have (e.g. pay slips, bank statements, utility bills, grocery receipts) so you can come up with a more accurate picture of how much you receive and spend each month. • Record all regular sources of monthly income such as your net salary and earnings from businesses or side jobs, if any, and tally them up.
THINK A MINUTE
JHAN TIAFAU HURST
relationship with Him. So why not ask Jesus to forgive you and take charge of your new life with Him? He’s the One Who can give you His kind of love and power you need every day to start building and enjoying the close, happy family you want. Just think a minute…
TRAVERSING THE TOURISM HI-WAY
PED T. QUIAMJOT liar interest that could be adequately handled by the professional guides trained by the Department of Tourism. Tour guiding can be expanded by training Taxi Drivers and transport operators on foreign languages and the value of our cultures as well as honesty in dealing with foreigners. Packages can be developed making use of the transportation and hotel accommodations as the revenue center. The land tours, food and sports activities make up the rest of the tourist receipts. Some resort destinations have added Spa and health care as well as extreme sports among the attractions. In Cagayan de Oro City, tourism promotions must come under one roof with QUIAMJOT/PAGE 7
SPEAKING OUT • List down all expenses for a month and get the total. Be careful not to omit simple items such as parking fees, your daily newspaper, or morning coffee. You’d be surprised at how much they add up! • In listing expenses, you may break them down into two categories: fixed expenses and variable expenses. While fixed expenses are those with average amounts that stay relatively the same each month (e.g. rent/mortgage, groceries, utilities such as water and electricity), variable items are those that will vary from month to month (e.g. entertainment, hobbies, gifts, vacations). • Now subtract your total expenses from your
IGNACIO BUNYE total income. When you have a surplus (income minus expenses is positive), good. You can use that extra amount for savings. When you have a deficit (income minus expenses is negative), you should find ways to trim down your expenses. • Always review your budget. Take a few minutes at the end of the month to BUNYE/PAGE 7
BusinessWeek
February 6-9, 2012
MINDANAO
Loving that heart
HEALTH IN FOCUS
Muntinlupa is obviously inconvenient but what the heck, right! In court after the judge arrives an hour and half late, I was berated by the judge who questioned my intention with his court claiming there is no such law for a court cancellation for an adverse claim when this is the RD’s job. The 30-day rule of the law stipulates that any adverse claim is automatically withdrawn without a civil case filed against it. Obviously the judge could have ruled at much earlier date to rid me of the inconvenience and time wasted – but that may be asking too much of government officials. Threatened, annoyed and disgusted I proceeded to drive to the Registry to report my findings only to find out the RD was relocated to another Land Registration office. Frustrated, I confront the new RD and am instructed this time to file my reason if not a petition for the cancellation of the adverse claim even if it is obvious there was no action taken by the petitioner who initially filed for the adverse claim. In doing so, I incur more expense hiring a lawyer to draft a pleading and asked the RD if it is possible not
to bring along the lawyer who will cost me even more for a whole days trip. The frustration of this exercise can easily be repeated many times over with many people. How do we deal with incompetence and government officials who do not know the law and yet assigned to sensitive positions with their gross mismanagement. We have poor government management and managers who are incompetent who act like know-it-alls to the detriment of its citizens. I say let us outsource this to competent staff, foreigners if need be. This is what our legislators, our all-powerful executive branch and the feisty Judiciary be dealing with. Instead we are entertained by a useless impeachment trial that will not improve our country, their services and nation building.
hygiene. Programs and policies for environmental protection have also been established, documented, implemented and maintained, she stated. Another best practice of the company is the strengthened partnership between the management and the workers that “solidifies good labor relations,” she added.
Navarro said that ensuring food safety has been one of the priorities of Tadeco “in order to become competitive in the global market.” “That is why it invested considerable economic resources in food safety protocol to ensure that the produce items have met the highest quality standard,” she stated. TADECO becomes the first producer and exporter
of Cavendish bananas to acquire PhilGAP certification in the country, Navarro claimed. “With a holistic approach in implementing quality management system, the PhilGAP certification further solidifies the tagline of TADECO that says total quality is our way of life,” she stated. PhilGAP standards have been set by DA-BAFPS that
is mandated to formulate and enforce standards of quality in the processing of agricultural products. Last year, Navarro said that DA-BAFPS has undertaken visits and inspections at Tadeco’s packing houses, warehouses and field operations to check on the firm’s compliance to PhilGAP and the sustainability of its programs.
a regional technical director of DENR-10, (which he later headed as regional executive director), he issued an alarm that the alarming rampant logging and mining activities in the upper water catchment of Cagayan de Oro will result to an Ormoc-like tragedy. This was in 1991. Geollegue’s worst fears happened last year, or 20 years after his warning. The environment and natural resources officer of Misamis Oriental, Conrado “Dodong” Sescon, identified 14 persons operating hydraulic machines used in the illegal mining activities along
Iponan River, specifically in barangays Bagocboc, Tingalan, Nangcaon and Cauyunan. Sescon also identified a certain Dulper Gayla and the “Mendoza family” as involved in the hydraulicking activities in Sitio Inapasan, Barangay Bagocboc, Opol, Misamis Oriental. For a few grams of gold — which benefits only a few individuals — entire hills and mountains are destroyed and the livelihood of those depending on the river and seas are also affected. “Mining up there affects thousands of fishermen downstream. With this equation,
what kind of political will would we need to stop this? We are talking about [a few] families doing hydraulic mining up there. And for us to allow this to happen for the last 20 years is a shame because the Local Government Code states that we are duty-bound to protect the environment,” stressed Geollegue. With all the laws mandating government to protect the environment for the welfare of the public, it is now high time for the people—whether government officials or ordinary citizens—to obey the law. “Rule of law should prevail
and not of men,” said Orlando Ravanera, director of the Cooperative Development Authority-X (CDA-10) and chairperson of the environment watchdog Task Force Macajalar (TFM). Ravanera said that during TFM has a long history of warning the people and raising the awareness of local government officials about the dangers of mining and the destruction of the environment but nobody listened to us. One politician even told him that they cannot stop mining and logging activities in the hinterlands of the city
travels and attendance to trade fairs. Travel and trade gatherings leads to business opportunities. Travelers’ first come as a tourist the return next visit could be a prospective investment trip. The city of Cagayan de Oro cannot stand alone as a tourist destination; it has to partner with the province of Misamis Oriental that seat on a vast field of natural attractions and a potential location for eco-tourism and industrial development. Much more, the province of Misamis Oriental cannot attract international attention without a city as
the center of business with modern communications. The lifestyles and diverse cultural background of a city adds to the interest of travel. Aside from the “Its more fun in the Philippines “DOT slogan, government has to build a level of preparedness to benefit from the growth of China. We cannot be a continuous buyer of Chinese made products but maybe a potential trading partner throught the opening of joint ventures. Misamis Oriental has brilliant lawmakers now seating in Congress, they
have the influence over their pears with a commanding more than 1.2 Million voters to include the City of Cagayan de Oro and Gingoog City, they can make or unmake any Presidential aspirant. Our Congressmen can propose and work for the passage of a law opening more tourism zones, they can secure more infrastructure allocations to expand the roads and improve traffic management. They can corner more power plant investors and market our industrial estate to business locators. Nothing is
precipitated by an intense stressful event, physical or emotional (death or loss of a loved one, accidents, post surgical intervention for an illness). Adrenaline rush as response to the event cause temporary damage to a portion of the heart. This is seen as apical ballooning of the heart and the term Stress Cardiomyopathy is likewise used for this syndrome. The presentation is very similar to that of a Heart Attack: sudden onset of chest pain, irregular heart beats, generalized weakness, shortness of breath. When diagnostics are performed on the patient, the ECG and cardiac enzymes do not show the abnormal findings seen for a heart attack. Recovery is faster and within a week, the patient can resume normal activities. Stress, in any form, is a risk factor not only for Broken Heart Syndrome but for Heart Attacks too. Thus, on this V day, and everyday of our days, let us love that heart of ours. Loving that heart means keeping it healthy. Balancing the stressful events in our lives , is only one of the things we can do. Lifestyle choices play a major role in keeping that heart healthy: Diet which is
low in fat, cholesterol and salt, coupled with physical activity will go a long way. Exercise for 30 minutes in most days of the week is not so difficult to do, and this helps control weight as well as reduce the chance of developing other conditions that may put extra pressure on the heart like Diabetes and Hypertension. Saying no to smoking or quitting the bad habit will surely make the heart beat as best as it could. We know that nicotine makes the heart work harder by narrowing the blood vessels. And, not to forget, having friends and family members to share the joys and the ups and downs of life , have a positive effect on the heart, keeping it healthy and beating strong! Let’s fill our hearts with love, every waking moment of each day. Happy Valentines everyone!
Banana...
proach to workers’ health, safety, welfare and hygiene. Navarro said that TADECO has complied with the PhilGAP standards saying that the company has established several programs related to food safety. She cited one program such as the installation and enhancement of facilities for workers health, safety and
Mining... from page 1
“To claims that we cannot stop this because there are socio-economic consideration, etc., etc… is bullshit!” Geollegue said. Geollegue said that local government units should be ashamed for allowing hydraulic mining in the Iponan River to wreak havoc to the environment and lives of Cagayan de Oro City and Opol, Misamis Oriental. Most of the illegal hydraulic mining activities in the river is on the Opol side of Iponan River. When Geollegue was still
Quiamjot... from page 6
joint national and local tourism initiatives above the private sector. Setting the tones and sound guidelines through an active Promote Cdo type body with regular budgetar y allocations and policy recommending authority devoid of political colors or affiliations. Modern cities have changed their paradigms on tourism from the expensive hosting of irrelevant beauty pageant into a market oriented business linkage through overseas
SUPERBRANDING
WORSE, if you are directed by a government official to do wrong. I have had the unpleasant experience of being told if not instructed by a government official no less the Register of Deeds officer that should I wish to cancel an adverse claim on my property I had to file a case in court. The property is in Pangasinan and I live in Muntinlupa. As you can see the distance in between spells the difference with gasoline prices on the rise, toll rates doubling the last year alone and least of all the filing fees for court and most sensitive, time wasted. I was directed by the RD as he is titled of the land registry of deeds in Pangasinan to file a case. I promptly and dutifully filed my petition for the cancellation of an adverse claim on my property. This property has already been confiscated by the government some 40 years ago for land reform). After 5 months, the court in San Carlos, Pangasinan writes me to certify my pleading considering I personally swore oath to the local fiscal within the same court (and paid for it). I followed as directed to. On the eight month, finally the supoena arrived for a hearing. The 8:30 AM hearing coming from
FOURTEEN years ago, my youngest child was then 5 and was sick. She was advised by her Pediatrician to stay at home for a week. To take her mind off her illness and keep her busy, she started to focus all her attention on her passion: Art. As I prepared her for bed, I saw her making drawings, filling up one page of her sketch pad with so many hearts: hearts in different sizes , though the same in shape and color. So I asked her why the many hearts in her paper. Her answer was very simple “ Because mommy, my heart is full of love.” A heart filled with love. Valentine’s day each year is equated with gifts and what have you’s for their special someone. The heart is one special organ in the body that fulfills a very important function: pump blood to all parts of the body! Imagine, if the heart only does its function on V Day! It is not uncommon at all to hear “ Broken Hearts Club”, which comes out on V Day. I prefer though to direct our attention to Broken Heart Syndrome (BHS). The Syndrome commonly affects women, ages 50 and above and is from page 2 marily designed to reassure consumers about how food is produced on the farm. Aside from assuring food safety, the requirement is also set at minimizing detrimental environmental impacts of farming operations, and ensuring a responsible ap-
Incompetence
7
DR. MARY JEAN LORECHE-DIAO
HARRY TAMBUATCO
because the people supporting these are allegedly “powerful” people in government. The same politician, whom he did not name, suggested that these activities should instead be legalized. “If we legalize illegal mining and illegal logging, then we should also legalize rape, kidnapping, illegal drug dealing,” Ravanera said, adding that there is a big difference between crimes against person and crime against the environment. “If you commit rape or kidnapping, holdupping, there are only one or two victims. But if you commit a crime against the environment, the victims are impossible if they can work thousands.” together. They can even built a skyway from the Laguindingan Airport up to the western gateway from page 6 of the City. When these compare your actual exare realized, they can join penses vis-a-vis your budhands and before the end geted expenses. This will of their terms, welcome show you where you did “Nihao” our first batch of well and where you need to improve. Chinese tourists. The FCAG reminds us Tourism is a magnet for more investments. The that the best way to avoid private sector will built the overspending (and to confacilities and many will centrate on budgeting and follow with the banking saving) is to focus on the sector providing the needed end goal and think of it capital. Government has to as sacrificing short-term lead in a class above their gratification for long termhappiness. own.
Bunye...
8 February 13-16, 2012
BusinessWeek
MINDANAO
BusinessWeek MINDANAO
Congress.Watch
February 13-16, 2012
9
DepEd-10 cites Oro lawmakers for helping Sendong-affected schools By RUTCHIE CABAHUG-AGUHOB Contributor
OZAMIZ City -- Officials of the Department of Education (DepEd), region 10, have expressed their gratitude for the efforts of Congressman Rufus B. Rodriguez, 2nd Legislative District of Cagayan de Oro, in providing intervention programs to the Typhoon Sendong-affected schools in the city. In her report to the Regional Disaster Risk Reduction and Management Council (RDRRMC), Dr. Luz S. Almeda, Regional Director of DepEd-10 and head of the Post Sendong Operations’ Education Cluster, said the City Central School have been decongested by the opening of new temporary
Power... from page 1
Cagayan de Oro from his hometown in Houston, Texas in 2007 with two Pakistani-American friends who wanted to import copper concentrates from Mati for export to China. However, when that fell through, the partners instead turned to exporting local delicacies from Iligan City to a growing Pasalubong market in the US thru FBC Worldwide, LLC, an import-export firm based in Houston and registered under US Laws. Then, when Ms. Juarez’s in-laws began having second thoughts about continuing their CU Call
Deal... from page 1
The EU is currently providing P180 million in grants under its Instrument for Stability which supports the International Monitoring Team (IMT), as well as local and international NGOs involved in both the civilian protection component of the IMT and the International Contact Group. This grant funding is a reiteration of the European Union’s commitment to peace- making and peacebuilding through mediation, dialogue and reconciliation, to improve the response to conflict-affected populations’ humanitarian needs and enhance the respect for their humanitarian and human rights, the statement said. Overall, the EU and its member states are one of the largest contributors in the peace-building efforts in Mindanao and the single largest contributor to the Mindanao Trust Fund with a contribution of P490 million. The EU is aware that
relocation sites through the initiative of Congressman Rodriguez. These new temporary relocation sites/evacuation centers (EC’s) include the Elementary Schools (ES) of Indahag, Cugman, Agusan, and the Regional Science High School in the city. Almeda said this was done in collaboration with the DepEd Offi cials with Congressman Rodriguez and the provision of shelter tents by the United Nations International Children’s Emergency Fund (UNICEF). She said even the internally displaced persons (IDP’s) of Macasandig were also temporarily relocated to the above-stated evacuation centers (EC’s). Also decongested was the West City Central School
in Barangay Carmen by opening another temporary relocation site at Bulua ES, still with the support of Congressman Rodriguez and Dr. Myrna S. Motoomull, Superintendent of the Schools Division of Cagayan de Oro City. As to Psychosocial Intervention, Almeda said 43 teachers from the affected schools were trained on Stress Debriefing with the support from Xavier University-Ateneo de Cagayan, last Jan. 4. These teachers were then asked to re-echo the training to their fellow teachers, and in turn, focused on psychosocial debriefing activities during their initial classes for the year. Likewise, DepEd conducted a training on Psy-
chosocial Debriefing to more than 100 teachers, with the support of Capitol University. Almeda, in her report, also said all classes of the affected schools were brought to normalcy with the support of multi-stakeholders in coordination with DepEd Officials and had successfully conducted the 3rd Periodical Examination last Jan. 19-20, 2012. In collaboration with the UNICEF, Kapuso Foundation and other partner agencies, the schoolchildren were provided school bags/kits with instructional supplies. Meanwhile, all the Sendong-affeced teachers were given P500 financial support plus blanket by the A Teacher Party List and P1,000, by the Cagayan de
Center in October, 2010, the local partners thought it a great idea to help the call center agents keep their jobs through a new venture that would also address the need for some of Mr. Yap’s American friends for offshore customer services. When the CU Call Center finally closed down in December, 2010, FBC Solutions was already ready to accommodate its former employees and clients barely a month later. Today, FBC has its first call center in Gusa just opposite the CU Medical City and inaugurated a new annex at the site of the former CU Call Center. “FBC’s niche is to be the default call center and outsourcer for small businesses,” noted Mr. Yap,
FBC CEO. “There is a huge gap in the market serving this demographic--large centers don’t want to deal with small projects, and most smaller centers are not adequately funded nor do they have the infrastructure required to minimize downtime.” Its clients are mostly small to medium sized companies for which it provides customer inbound services such as virtual assistant, live chat (voice/non-voice) and sales (investments, insurance), surveys, appointment setting, lead generation for outbound services. “Our bread and butter is supporting entrepreneurs scale and grow their businesses, creating much-needed jobs both
in the Philippines and the United States in the process,” Mr. Yap adds. The firm’s business manager Ron Dutta, is an Indian national charged with recruiting new business for the company. He used to work for a Canadian call center but opted out when he started his own consultancy business. Today, he is a full-time employee of FBC Solutions working online from his base in New Delhi, India. And top this: young as the firm is, it has already helped set up a separate company named E-confluence, a partner firm owned by some former CU Call Center employees which provides business, medicine and legal transcription services to clients in the US and Australia.
once a peace agreement is signed many challenges will still remain to ensure that peace in Mindanao is lasting, the statement said. “Issues such as the rule of law and governance will become central in the postagreement period. Addressing them will require strong and capable leadership from all those concerned,” it added. The visiting EU team urged the parties to intensify their negotiations to reach a settlement at the earliest possible moment. The EU believes that the timing is right for a decisive push towards an agreement and that such an opportunity must not be missed. In support of efforts to achieve peace, the European Union will continue to address the development needs of Mindanao, to which it has already channeled P9 billion since the 1990s., the statement said. The EU delegates reminded the parties that the conflict has an enormous cost on the region and that economic development will only be possible with peace.
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RUFUS
Oro Public School Teachers’ Association (COPSTEA). Likewise, P2,000 financial aid was granted to all teachers, whose classrooms were flooded. Almeda also said P5,000 were given to all teachers whose homes were washed
out and P10,000 to the nearest kin of the declared casualty among the teachers through the funds of Congressmen Rufus Rodriguez and Atty. Maximo B. Rodriguez, Jr. , Representative of Abante Mindanao (ABAMIN) Party List.
Just last week, the company had difficulty processing all the walk-in applicants who wanted to join them. “That’s because we always tell our staff they will grow with, and not for the company,” said Mr. Duran, the firm’s managing director for Asia. Ms. Juarez, the firm’s vice president for operations, believes management style also plays its
part. Besides offering higher salaries than other local call centers, FBS also offers allowances for communications and transportation, free life insurance for regulars, and free juice, water and coffee for everyone. The FBC (for Filipino Buying Corp) group of companies so far include FBC Worldwide, FBC Solutions Corp. and FBC Trust Corp.
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 27 Gingoog City CANTILAN BANK, INC., Petitioner-Mortgagee, - versus -
EJF NO. 179 FOR: EXTRA-JUDICIAL FORE-
SPS. MARGARITA & WALTER JOSEF HEINE, Respondent-Morgagors. X...................................................................../ NOTICE OF EXTRA-JUDICIAL SALE EJF No. 179 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118, filed by Cantilan Bank, Inc., as mortgagee, against Sps. Margarita Condeza Heine and Walter Joseph Heine as mortgagors, Filipino and Swiss citizen, respectively, both of legal age, married whose residence and postal address is at Brgy. 20, Gingoog City, to satisfy the mortgage indebtedness which as of October 25, 2011 have amounted to THREE MILLION SEVENTEEN THOUSAND FOUR HUNDRED FIFTEEN (P3,017,415.00) Pesos excluding Attorney’s Fees and expenses, expenses for foreclosure and the other fees incurred in the foreclosure proceedings, the undersigned Sheriff will sell at public auction to the highest bidder for CASH on Apr il 11, 2012 at 10:00 o’clock in the morning or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Gingoog City, the following property with all the improvements existing thereon, to wit: TCTNO. 1-12270 TDN-093018 Lot 6345-A, Psd-10-038315 “A PARCEL OF LAND and all the improvements found thereon(Lot 6345-A, Psd~038315, being a portion of Lot 6345, Cad-295, Gingoog Cadastre) situated in the Barrio of Pangasihan, City of Gingoog, Island of Mindanao. Bounded on the SE., along line 1-2 by Lot 6346, Cad-295, Gingoog Cadastre; on the SW., along lines 2-3-4 by Lot6345-B, of the Subdivision plan Psd-10038315; on the NW., along line 4-5 by Bay; on the NE., along lines 5-6-1 by Lot 6347, Cad-295, Gingoog Cadastre registered in the name of MARGARITA CONDEZA married to WALTER JOSEPH HEINE, and a resident of Brgy. 20, Gingoog City, containing an area of TEN THOUSAND (10,000) square meters, more or less.” TCT NO. 1-14698 TDN-031573 “A parcel ol land and all the improvements found thereon, designated, as Lot 590-A, Psd 10 050586, portion of Lot 590, Cad 295, Gingoog Cadastre, located at Cabuyoan, Gingoog City, Province of Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 1-2 by Lot 1387, Cad-295, Gingoog Cadastre; on the NE., along line 2-3 by Lot 590-C (ROAD), of the Subdivision Plan Psd-10-050586., SE., along lines 3-4-5 by Lot 591, Cad-295, Gingoog Cadastre, SW., along line 5-1 by Lot 704, Cad-295, Gingoog Cadastre, containing an area of FIVE THOUSAND (5,000) square meters, more or less, declared in the name of MARGARITA CONDEZA HEINE married to WALTER JOSEF HEINE, a resident of Brgy. 20, Gingoog City.” All sealed bids must be submitted to the undersigned on or before the above stated date and time. In the event that on the date ol the scheduled auction sale the participation of two (2) bidders or more is not met, the auction sale shall be rescheduled on April 15, 2012 at the same time and place pursuant to Supreme Court Circular A.M. No. 99-10-05-0 dated December 14, 1999. In the event also that the public auction falls on a holiday, it shall be held on the next working day without further notice. Gingoog City. February 01, 2012. FOR THE EX-OFFICIO SHERIFF:
BWM Feb. 13, 20 & 27, 2012
(Sgd.) ROMEO B. GAPUTAN Sheriff IV
10 February 13-16, 2012
MisOr Today
BusinessWeek
MINDANAO
MASICAP II assists 6 projects in Misor By MIKE BAÑOS, Correspondent
MISAMIS ORIENTAL confidence in investing in the promotion of medium and small scale industries in the province appears to be well founded. In its First Quarter Performance Report to the capitol, the Medium and Small Scale Industries Coordinated Action Program (MASICAP II) told Misamis Oriental Gov. Oscar S. Moreno it was able to assist six projects with an aggregate total project cost of P4,099,613.43 and loan/grant component of P2,045,758.47. “The assisted projects are expected to create incremental employment of 19.73 and benefit 249 beneficiaries, mostly farmers,” said Cherrilyn L. Baylon, MASICAP II program coordinator in her report. Another project is in the pipeline with four others identified for possible assistance. The provincial government through Gov. Moreno entered into a memorandum of agreement with the Masicap MSME Development Foundation, Inc. headed by its president Vicente T. Paterno to support the national government’s thrust in developing small and medium enterprises (SMEs) through the provision of technical personnel to assist residents with prospective SME projects in the province. The agreement started August 1, 2011 renewable annually upon mutual agreement of the two parties.
MORENO
Under the terms of the agreement, MASICAP II would provide a team of three trained personnel to assist SME prospects in Misamis Oriental prepare project feasibility studies and documents that can help them avail of loans and other assistance from banks and other funding agencies. In return, the LGU would shoulder the operating expenses of the assigned team. “We chose to tap MASICAP II in consonance with our general strategy of pooling resources with the public and private sector to fund our programs,” Gov. Oscar S. Moreno said. “We are happy to note that under this strategy of Kurambos, we have helped our MSMEs sustain their invaluable contribution to our province’s economy.” Latest figures from the Misa-
mis Oriental Provincial Office of the Department of Trade and Industry (DTI) show a total of 294 small and medium enterprises of which 50 are food enterprises and another 19 crafts MSMEs registered with the agency. MASICAP has its beginnings in 1974 when the Department of Trade and Industry’s successful program of the same name ran for six years. In August 2002, MASICAP Foundation launched the MASICAP II pilot program in five provinces and cities in Southern Mindanao with funding from Mr. Paterno and volunteer work by MASICAP 1 alumni. Once the MASICAP II pilot operations demonstrated its relevance and effectiveness in assisting SMEs obtain loans/ grants for new/expanded SME projects, it expended to other
PROJECTS/PAGE 11
Oro Fashion Designers Guild (OFDG) Pay Tribute to Top Brass Philippine Designers Text by: JOE PALABAO • Photos Supplied by: CAMERONS WITH hearts full of love and thanksgiving to God the Almighty, Oro Fashion Designers Guild (OFDG) and Fashionistas of Cagayan de Oro-Fashion Capital of Mindanao pay tribute to the top brass designers of the Philippines who listened to their collective call for aid and support to the victims of typhoon Sendong. The following designers who have golden hearts and compassion heeded to the call for help and readily rolled up their sleeves to beckon in and donated the needed cash, resources and goods to those who were devastated.
Maida Santos
Michael Cinco
Vee Jay Floresca
Vittorio Barba
Venus Ninofranco Bo Parcon
Butz Fuentes
Friends from Bahrain
Girly Nacario & Rave Cempron
Nova Mancao Ramirez
Ezra Santos
Albert Andrada
Eddie Baddeo
Eric delos Santos
Dong Omaga-Diaz
Words of thanks are due to Everbest, Antonio Ty and Bianca’s for the fabrics donated for blankets and the many unknown supporters and volunteers who shared their treasure and time in touching lives of the victims and giving hope for the future. We salute you ! From OFDG Directors: Gil Macaibay 111, Alma Mae Roa, Benjie Manuel, Mark Christopher Yaranon, Josue Guibone, Celeste Magsalay, Darwin Bou, MimiParrel-Pimentel, Alquin Cap-atan and Villa Go.
Food& Food &Lifestyle
BusinessWeek MINDANAO
Cook your loved ones something Special this Valentine’s Day THERE’s nothing wrong profound about preparing meals that define moments of caring for your family and friends and at the same time indulge them in their appetite this Valentine’s Day. Tell them how much you love them with a Valentine’s Day meal lovingly prepared in your very own kitchen! As one of my closest and dearest friend Nancy often told me that it is very nice and comforting to have friend
who really knows how to manage and lighten the burdens of the moments by cooking and helping them to cook meals on every especial occassions! I’d like to share with you guys one of my favorites it’s called crepes, Crepes are versatile more than just desserts, you can serve them any time as main courses, appetizers, desserts or snacks. Try Pineapple Cheese crepes and Peach buko crepe using Del Monte
products for better results or smoked salmon for exciting party pleasers. Anybody can make and serve classic crepes, you can make it now and serve later. You can satisfy six to eight hungry people using only two cups of poultry meat, seafood, or vegetable and cheese! Serve cashew chicken, beef stroganoff, cheese baked Zucchini or Ham N Egg crepes and enjoy a steady stream of compliments.
PEACH BUKO CREPE Ingredients: Filling: ½ cup sugar 3 egg yolks l/3 cornstarch, dissolved in 1-l/2 cups evaporated milk 2 Tbsp unflavored gelatin ¼ cup butter 1 buko, meat shredded 1 can (850g) Del Monte Fiesta fruit cocktail with peaches, drained
TUNA VEGETABLE SALAD Ingredients: 1 can (439 g) DEL MONTE Fresh Cut Pineapple Tidbits, drained (reserve syrup) 1 medium (150 g) carrot, cut into cubes 100 g baguio beans, sliced 1/4” crosswise 1 can (184 g) tuna chunks in oil, drained 1 can (432 g) whole kernel corn, drained 3/4 cup mayonnaise
1-1/2 tsp. iodized fine salt 1/8 tbsp. pepper
Crepe: 1 cup all purpose flour ¾ cup evaporated milk 1 cup water 1/3 cup buttered, melted 3 egg yolks 1 Tbsp sugar 1. Filling : Combine first 6 ingredients. Cook over low heat for 10 minutes or until mixture coats the spoon. Blend in buko and Del Monte Fiesta
LIFE & Leisure
STARTING this month of February, the Classic Missy Bon Bon has added to the old favorites – the Bon Bon Pastel, a soft chewy and fluppy bun with a sweet and creamy custard and yema filling, available of 6’s or 12’s. It is in addition to the Missy Bon Bon old favorite creations that have become popular as pasalubongs include: the ensaimada, the sweet potato bread and the cheesy sponge. Any of Missy Bon Bon’s breads would make great pasalubongs and share the goodness of Missy Bon Bon
Hotel Koresco
Pueblo de Oro Golf Course,CDO, fax. No. [088] 858-9748
tel. Nos. 858-9748 to 54, E-mail:hotelkoresco@yahoo.com
Mallberry Suites
RIZA O. ARES, HRM
fruit cocktail. Set aside. 2. Combine all ingredients for crepe and beat until smooth. Strain. Pour in 1/3 cup of butter in 8” Teflon pan. Swirl around the pan to form a circle. Cook for 3 minutes. Put 2 tablespoon of filling in the center. Fold the sides of crepe to cover the filling. Remove from pan. Chill before serving. Top with cream or ice cream if desired.
night. This should help prevent scaling with those ugly, green deposits inside the thermos. It might take a couple of times, but the effort should eventually help eradicate the problem. Baking Soda can be use also to make your flatware shinier and brand new looking by merely soaking them overnight.
Pastel to all tourists, domestic and locals who want to take tasty Cagay-anon treats with them become a go – go place for pasalubong goodies. Whether nature tripping in the river or mountain, food tripping in its restaurants, or shopping in street kiosks and malls, Cagayan de Oro shows its visitors such a great time and when it is time to leave, they can’t
help but want to take a little bit of the city with them – to prolong their enjoyment, and to share it with their friends and loved ones. Missy Bon Bon-a by word in the bread industry of Northern Mindanao with its wide selection of breads, and pastries and other baked goodies that travelers just love to take with them as pasalubong. With these delightful
baked goodies are carried off to other provinces and other countries, they hold happy memories of Cagayan de Oro’s warmth and friendship, the joys and adventures experienced here. And when they feasted on and shared with others, all those good feelings and happy memories are shared too, and what a privilege it is for Missy Bon Bon to be part of that communal joy.
Projects...
1, 2004 to May 31, 2011, MASICAP II has assisted 233 SMEs file applications for loans/grants with another nine SMEs assisted. Total project cost for the 233 SMEs assisted totaled P188,308,825.95 with total loans/grants components of
P94,749,423.65. Funding was provided mainly by Quedancor which financed 73 percent of the total loans/grants released, with the balance coming from the DBP, Land Bank of the Philippines, Small Business Corporation and rural banks.
from page 10
sites in Southern and Central Mindanao with funding from participating LGUs and the Development Bank of the Philippines (DBP) in 2003-2004. For the period September
HOTELS RESTAURANTS Pryce Plaza Hotel
Share the Goodness of Missy Bon Bon Pastel By JOE PALABAO Correspondent
11
Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservaƟons@pryceplaza.ph
Tips in Eradicating Calcium Deposits
How can I remove water-marks inside my electric kettle and airpot? There’s a build-up Procedure: • Cook carrot and baguio of what I think are calcium beans in pineapple syrup with deposits on it. -Maggie – 1/4 cup water until tender but still crunchv (about 5 minutes). Swish a solution of baking Drain and cool. Combine with soda that has been dissolved other ingredients. Blend thorin a hotwater-and-vinegar oughly. Chill until ready to mixture inside your electric serve. kettle, airpot and leave it over• MAKES 6 SERVINGS
February 13-16, 2012
Limketkai Drive ,CDO, Tel. No. [088]854-3999 / 854-7999 E-mail:info@mallberrysuites.com
Dynasty Court Hotel
Tiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410 E-mail:dynasty@philcom.ph
The Marigold Hotel Velez cor. Luna Sts, CDO Tel Nos. 856-4320, 726937
Marco Resort Tel. No. 732182 / 855-220
VIP Hotel
A.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505 E-mail: info@theviphotel.com.ph
Philtown Hotel
Makahambus-Velez St. CDO,Tel. No. 723089 / 856-1813
De Luxe Hotel
Capt. V. Roa St. CDO, Tel. No. 726527 /857-2144
Maxandrea Hotel
J.R. Borja St. CDO, Tel. No. 729943/ 857-2244 / 857-4154
Grand City Hotel
A.Velez- Sts. CDO Tel. No. 723551 / 723658 / 857-1900
Country Village Hotel
Carmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05
Southwinds Hotel
Capt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036 E-mail:i_agudo@hotmail.com
Apple Tree Resort and Hotel
Taboc, Opol, Misamis Oriental, Tel. Nos. 754525/ 754263/ 3091986, Fax No. (8822) 754497
Pearlmont Inn
Limketkai,Drive,CDO Tel. No. 729111 / 856-2654 / 729455
Red Palm Inn
EVChaves Building, Capistrano corner Cruz Taal Sts. Cagayan de Oro City Tel. No. 721197 and 8562671 Cell No. 0908-885-5643 Email: redpalm_inn07@yahoo.com
Chali Beach Resort
Cugman,CDO,Tel. No. 723929 / 855-2108 E-mail:chali_beach@yahoo.com
Nature Pensionne
Toribio Chavez Sts., CDO Tel. No. 723598 / 723718 / 857-2274
NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservaƟon@yahoo.com
Malasag Eco Tourism Villages Cugman, CDO Tel. No.855-6183 [088]309-3752