BusinessWeek
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www.businessweekmindanao.com Issue No. 44, Volume III • Jan. 30-Feb. 2, 2012 Editorial: 088-856-3344
Market Indicators AS OF 6:15 P.M., JAN. 27, 2012 (Friday)
FOREX
PHISIX
US$1 = P42.87
4,679.89 points
; ; Briefly 2 cents
68.21 points
Davao water project
THE Davao City Water District reported the completion of its P126-million comprehensive mainline replacement program after more than two years. The project, which started in Oct. 2010 and completed at the end of December 2011, replaced a little more than nine kilometers of aging pipelines belonging to the largest among its eight water systems. The works covered excavation, pipe-laying, back filling, hydrostatic and leak testing, disinfection of pipeline, restoration of damaged pavement and application of thermoplastic. The water utility linked up with private contractor Vinhar Construction and Marketing Corp. for quicker implementation because some of the project areas are within major transportation routes in the city.
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Electric coops vow for no rate increase By ALLAN M. MEDIANTE, Executive Editor
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INDANAO electric cooperatives have reiterated their position not to impose any increase on generation rates should the privatization of Pulangi and Agus hydropower complexes push through.
Mining bill
AKBAYAN Partylist spokesperson Risa HontevierosBaraquel said House Bill 6342 or the Alternative Mining Bill, is set to return control of the country’s mining industry out of the clutches of the large scale mining companies, and back to the communities and the local government units. “Malapit na lumabas sa committee ang Alternative Mining Bill, just harmonizing a few provisions,” said Hontiveros-Baraquel, one of the authors of the bill along with Representatives Lorenzo Tanada III, Walden Bello, Carlos Padilla and Rufus Rodriguez.
Dividends declared
TUNA processor Alliance Select International, Inc. will be paying P137.5-million worth of stock dividends today, the company told the Philippine Stock Exchange. “We would like to inform you that in accordance with the approval of Alliance Select International board of directors at their June 14 meeting, the company will be paying stock dividend amounting to 137.5 million shares at P1 per share,” the disclosure issued last week stated. The stock dividends make up 15.78% of the current issued and outstanding shares.
P15.00
TUNA EXPORTS. A man carries a tuna at a fishport in General Santos City. The US remains the Philippines’s top market of tuna cornering 53 percent of the country’s exporst. FILE PHOTO
US remains top market of PH tuna DAVAO City -- The United States remains the top export market of Philippine tuna, according to an official of the South Cotabato, Sultan Kudarat, Sarangani, and General Santos Federation of Fishing and Allied Industries Inc. (SFFAII). During the Program on Traceability for Revitalized Agricultural Competitiveness Enhancement (Program P-TRACE) at the Marco
Polo Hotel here on Thursday, SFFAII executive director Rossana Bernadette Contreras said the US market receives 53 percent of the country’s total tuna exports. The meeting was organized by the Departments of Trade and Industry (DTI) and Agriculture (DA) with the United Nations Industrial Development Organization (UNIDO). TUNA/PAGE 10
During the recent Mindanao Congress of Advocates on Renewable Energy Development (MinCARED) in Cagayan de Oro, Association of Mindanao Electric Cooperatives (Amreco) Chairman Sergio Dagooc said a resolution unanimously approved by members was submitted to Mindanao Development Agency chairman Lualhati Antonino. The resolution expresses, among others, Amreco’s position on issues pertaining to the privatization of the Pulangi and Agus hydro power plants. These include: • That in privatizing Pulangi and Agus plants, conditions must stipulate their stand of “no increase of generation rates of the plants’ output for 20 years; • Creation of a multi-sectoral group with technical capacity to monitor the out put of Agus and Pulangi HEPPs as COOPS/PAGE 9
Economic boom seen in Caraga region SURIGAO City -- Full economic activity is seen beginning this year in the Northeastern Mindanao as both foreign and domestic investors in agricultural, industrial, mining and tourism industries are already in place in the region’s five provinces and six cities. ECONOMIC/PAGE 10
ATS bares major rebranding ATS CONSOLIDATED has unveiled its new corporate rebranding program designed to reflect the company’s status as a leading shipper in the freight and logistics business and focus on its mission to provide a high level of customer service. As part of this program, the company has retained the brand 2GO to represent its entire range of service
• Change aims to strengthen company’s focus offerings. The announcement was made today by ATS Chief Executive Officer Sulficio Tagud Jr. “ATS is more than just a shipping company and we wanted a new identity that will unify ATS’s brands across all products and services. Following the
approval of the company’s principal stockholder, Negros Navigation Co. (NENACO), we have decided to change the name of the operating company into 2GO Group Inc.” Going forward, the company will function with three core business units. ATS/PAGE 10
PRESIDENT’S BRIEFING. A Brown Group of Companies President Robertino E. Pizarro (right), briefs President Noynoy Aquino on the progress of the site development of the Lumbia Resettlement Project during the president’s visit last week. PHOTO BY MIKE BAÑOS
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Electrification program for remote communities BUTUAN City -- More households in far-flung communities are expected to benefit under the government’s Sitio Electrification Project (SEP) this year. In the remote villages of Agusan del Norte and Butuan City alone, at least 1,466 household beneficiaries are being targeted to benefit under the SEP program in 2012. The identified 36 sitios and puroks as household (connection) beneficiaries in Agusan del Norte and Butuan City as part of the P589.32 million SEP
projects that will be part of the 833 sitios and puroks nationwide this year. “We have already submitted these identified sitio and puroks to the National Electrification Administration (NEA) for approval and implementation for the year 2012 up to 2015,” said Agusan del Norte Electric Cooperative (Aneco) general manager Archetic Horacio T. Santos. It was learned that the government had set aside P1.108 billion to hasten the implementa-
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tion of two major electrification programs – the SEP and Barangay Line Enhancement Program (BLEP). President Benigno Aquino III has ordered Budget Secretary Florencio Abad for the release of the funds to the NEA to provide reliable electricity in the identified far-flung villages. From the P1.1 billion fund, P518.92 million will be spent for the BLEP to improve electric services in 202 barangays (villages) nationwide, while P589.32 million will go to the SEP to connect 833
sitios to the nation’s power grid. In Mindanao alone, NEA Engineering Division Director Jose Seguban Jr. said that in Mindanao alone, at least P250,181,104.61 are set to be released before the end of this month or early next month for the BLEP project. Agusan del Sur has targeted 12 villages with funds amounting to P30,489,355.95 for the BLEP project. For the SEP project, at least P87,210,400.76 is being allocated in Northeastern Mindanao or the Caraga Region.
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Davao City eyes purchase of speed cameras DAVAO City -- The Traffic Management Center of the local government of Davao City is eyeing the purchase of speed cameras to detect overspeeding vehicles in city streets and highways. This according to Desiderio Cloribel TMC head, who said their unit is exploring the possibility of acquiring one mobile camera which automatically detects the speed of vehicles. The camera unit would roam around Davao to check for overspeeding vehicles particularly Public Utility Jeepneys or PUJs which are mandated to follow a 30 kilometer per hour speed limit. However Cloribel said the cameras are expensive and said that they are open to the possibility of just using manual camera capture, using regular video cams which are cheaper. But he says this will need an ordinance if the manual system will be adopted to catch speed violators. Cloribel says catching overspeeding vehicles without cameras is a difficult task, the pursuit vehicles would also resort to overspeeding just to catch the violator. Meanwhile according to figures released from the TMC, about 27,794 traffic violations have been apprehended by the center which is made up of elite Traffic Eagle Squad, Motorcycle units and field personnel. About 23, 838 driver’s licenses were confiscated, 1,395 license plates taken and 1,344 vehicles impounded. Further, about 1,806 trisikads were confiscated due to violation of City Ordinance 52, or the prohibition of trisikads (makeshift tricycles) on city streets and highways. Revenue generated thru fines amounted to P585,900.00.
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Mining firm to expand Zambo Norte project
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OLLOWING their recent court victory against the open pit mining ban in Zamboanga del Norte province, the Philippine unit of Canadian mining firm TVI Pacific Inc. said it is poised to explore a new site near its current copper-zinc project in Sitio Canatuan in Siocon town.
MEDICAL AND DENTAL OUTREACH: More than 700 families affected by Typhoon Sendong in Upper Balulang, Cagayan de Oro City avail of the free dental and medical services provided by energy firm STEAG State Power Inc (SPI) and the 4ID-Philippine Army.
Robinsons plans 4 budget hotels ROBINSONS Land Corp. (RLC) is accelerating the construction of budget hotels with plans to open four in the first half this year in order to take advantage of rising foreign visitor arrivals and domestic tourists travelling across the archipelago. In a statement, RLC said the new hotels, under the Go Hotel brand, will rise in Puerto Princesa, Palawan; Dumaguete, Tacloban and Bacolod. The first Go Hotel located at the Robinsons Pioneer Cybergate complex in Mandaluyong City, opened in 2010, housing 223 rooms. By end-June, RLC will have five Go Hotels with a total of 639 rooms. Go Hotel is the fifth hotel property of RLC next to the 285-room Crowne Plaza Galleria Manila, 263-room Holiday Inn Galleria Manila, 210-room Cebu Midtown
Hotel and the 108-room Su m m it R i d g e Hot e l Tagaytay. RLC is opening its Go Hotel in Puerto Princesa next month, carrying over the same pricing concept. “Travelers will be rewarded with low rates just by booking significantly early at the hotel’s website, www.gohotels.ph, “ RLC said. Go Hotel general manager Elizabeth Gregorio said they’re very much excited about the Palawan branch, most especially because Puerto Princesa is one of the most popular tourist destinations in the country. Puerto Princesa, known for its beautiful beaches and friendly locals, has recently had its very own Underground River included in the new seven wonders of the world and is also known for being the cleanest and greenest city in the
Seair readies new routes SOUTH EAST Asian Airlines, Inc. (Seair) expects to mount flights to Cebu and Davao from Manila by May at the latest as the carrier awaits delivery of aircraft now that the ban on the carrier’s plans was lifted. “At present, we’re still finalizing the aircraft acquisition for Cebu and Davao operations... We’re looking at April or May [for the launch of the flights],” Avelino L. Zapanta, Seair president and chief executive, yesterday told BusinessWorld in a chance interview. Seair was supposed to fly such routes back in July 2011 but other local carriers -- Philippine Airlines, Cebu Air, Inc. (Cebu Pacific), and Air Philippines Corp. (Airphil Express) -- had complained this would merit a violation of cabotage rights. The law grants the right of transporting goods and passengers between two or more points within the Philippines only to local airlines. Seair, which was to lease aircraft from Singaporebased Tiger Airways Hold-
ings Ltd. for aircraft, was accused of impinging on local carriers’ rights. In addition, Seair would also be using Tiger Airways’ reservation system for its marketing and booking needs under the partnership. Responding to the complaint, the Civil Aeronautics Board (CAB) issued a cease and desist order against Seair’s planned flights. CAB Resolution No. 1 issued May 18, 2011, specifically ordered Seair to stop the sale of seats for its Manila-Davao and ManilaCebu routes planned for July. After months of reviewing the case, CAB lifted the cease and desist order in late October last year. “We’re just waiting for developments from the sources of the two aircraft that will be acquired for the Cebu and Davao operations,” Mr. Zapanta said. Seair operates flights to Batanes, Ilocos Sur, Palawan, Caticlan and Romblon. For international flights, Seair flies to Macau, HongSEAIR/PAGE 10
Philippines. Gregorio said RLC is also set to open its mall in Palawan by summertime. Although it has trailed behind many of its neighbors in terms of tourist arrivals, the country is hoping to regain its place as one of the top five destinations within Asia. The tourism department has raised its foreign tourism arrival target for 2012 to 4.1 million from 3.7 million. Major developers have been stepping up their presence nationwide by establishing new residential, office, retail and hotel projects. This trend is seen to continue this year with new developments seen in key locations such as Davao, Cagayan de Oro, Boracay, Palawan, Clark and Subic. The expansion of the liberalized airline industry has likewise boosted tourist arrivals.
TVI officials said the goal is to extend the life of the Canatuan project, which given current conditions will last two more years. TVI Resource Phils. Inc. spokesman Ronaldo Jabal Jr. said the new exploration mission was hastened by the Certificate of Precondition (CP) for getting the free prior informed consent (FPIC) of the Subanon indigenous community in Canatuan given by the National Commission on Indigenous Peoples (NCIP). “The NCIP certifies that we have the support of the indigenous groups. This paves the way for new exploration in the province,” Jabal said. The consent of the local tribe is a requirement for the Mineral and Production
Sharing Agreement covering the Canatuan area. T V I R e s ou rc e v i c e president for social commitment Rene Subido said they have complied with the requirements of the Indigenous Peoples’ Rights Act including the mandated consultations and community assemblies with the facilitation of NCIP. NCIP director Atty. Jonathan Adaci confirmed to GMA News Online that they had recently issued the CP to TVI Resource. He explained that the CP attests that TVI Resource consulted with and secured the consent of the concerned tribe. Adaci also said the tribe should benefit from the mining operations through royalties of at least 1 percent
of the production. He said the royalties could be more than 1 percent depending on negotiations with the tribe. The director of the NCIP Ancestral Domains Office said that TVI Resource has been a compliant corporate citizen in Zamboanga. Subido said TVI Resource has given college scholarship grants to 55 students, of which some 21 have graduated and some were employed by the firm. He also said TVI Resource built six school buildings in Siocon, including one in Barangay Canatuan. “We built farm to market roads not only for Canatuan farmers but also for other barangays of the municipality. We spend P19-million annually to maintain the roads that link Siocon to the rest of the towns and key cities of Zamboanga Peninsula. Moreover, we have already planted more than 240,000 trees as part our reforestation and revegetation programs ” Subido added.
Globe levels up customer service GLOBE Telecom is firming up its commitment to deliver superior customer experience across the country as it has converted approximately 50 percent of its total store channel nationwide to fullservice concept stores and will continue to open more Concept Stores in strategic locations this year all over the country. Globe consumer sales head Ramon Matriano said they aim to please customers and address even their special needs and concerns.
“We will continue to expand our Concept Store to more areas in the country as we continue to hone and develop highly-engaged, professional and competent store personnel as well as make constant improvements in our stores to provide the best possible customer experience,” he said. Globe said it is the first telecommunications company to transform its stores from utilitarian payment and transaction centers to a one-stop shop that show-
cases the latest gadgets and consumer mobile technologies. Inspired by cutting-edge retail concepts from some of the world’s biggest telecom and retail companies, the Globe Concept Store offers not only a combined superior customer and after-sales support but world-class shopping experience as well. The blueprint Globe pioneered set the model for the retail concept now being implemented by other telcos in the country.
Pepsi to spend $75M for capex this year PEPSI-COLA Products Philippines, Inc. is eyeing a $75-million capital expenditure (capex) this year to expand distribution of its beverage products as well as bankroll maintenance, a newspaper report said last week. This, as the firm plans to surpass the projected 5-6% industry-wide sales growth for 2012, Pepsi-Cola Products Philippines President Partha Chakrabarti said. “Our growth strategy will be the expansion of distribution network and the introduction of new products” Mr. Chakrabarti said. “Half of the capex will go to the expansion of distribution such as the purchase of additional trucks and glass coolers,” he said, noting that other half will go to maintenance and capacity enhancement of its 11 plants nationwide. The target is to have their products sold in more than half of the 900,000 stores in the country by year-end. He said that the company, so far, has penetrated a little less than half of the 900,000 stores.
PEPSI-COLA Products Philippines, Inc. plans to spend $75 million this year to grow its distribution network and also maintain plants.
The company would be introducing new products this year to further drive profit and revenue growth, he added. “We have the two largest partners: Lotte Chulsung Beverage Co. Ltd. and PepsiCo, Inc. With them, we have access to as much as many products we want,” he said. Mr. Chakrabarti said the new products may be launched in the second quarter, which is the peak season for the beverage industry. “We will be innovating at least half a dozen of our existing products,” he said. “We are looking at coffee, coconut
water and milk soda beverages to add into our portfolio.” The company recently forged an agreement with Peter Paul Philippines Corp., one of the largest exporters of coconut water in the country. Mr. Chakrabari said the company would be introducing more non-carbonated products as the company is performing better in this segment. Meanwhile, the drop in net income from JanuarySeptember last year is estimated to have eased as of end-2011. “We definitely performed better in the fourth quarter.
You see, we have seen in improvement in the third quarter,” he said. Net income of the company for January to September 2011 plunged by 49% to P225.83 million from yearago levels as performance in the first half was dragged down by high sugar prices. The company, however, started to record recovery in the third quarter of 2011, posting P118.18-million net income, up by 3.63% from P114.04 million in the same quarter the previous year. This, according to him, would lead the company to expect for a better year as sugar prices has been reportedly stabilized. “Our single largest component which account 30% of our value chain is going to be lower by 40%,” he said. The beverage industry is also upbeat for 2012 with government spending seen to rise this year. “[And] no matter how the economy is performing in Europe, our products cost P5 or P6 pesos per bottle and that is something which is relatively recession-proof,” he said.
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The Truth Hurts THINK a minute… Henri Latour was the greatest detective in France during the 19th century. He was a mastermind at finding evidence and clues, then fitting it all together to find the criminal and bring him to justice. But mysteriously, this living legend’s career suddenly ended. Detective Henri Latour was called to the scene of a horrible, violent crime. An old couple had been robbed and brutally murdered. The police had already arrested a suspect. But shortly after studying the crime scene and evidence, Latour’s instincts convinced him that the police had arrested the wrong man. He promised
the police and the family that he would find the missing pieces of the puzzle and the murderer. So began what many have called the most brilliant tracking of a criminal in the history of France. Henri Latour carefully gathered all the different pieces of evidence, one piece at a time, until he finally found his man and criminal. The newspapers praised Latour’s brilliant detective work and spread the news of his fame all over France. Then suddenly, after solving that case, Latour retired and moved away. In fact, he lived alone for the remaining 25 years of his life. You see, it was only after he died that the
true identity of the last criminal Latour tracked down was made known to the public. In his last case, Latour had refused to back down from the truth, even when his investigation revealed and proved that the murderer was none other than Latour’s own son. Sometimes the truth can be very painful. But sooner or later we each have to face it: we’ve done some things wrong in our life. And until we admit this fact to our Maker, we’ll never be free from our guilt. It’s then we realize that the price we pay of hurting our pride is nothing compared to losing our relationship with our Maker. And the
and call these issues as “issues” when they are of little or no priority? Crisis managers strive from one crisis to another. Everything is dealt with regardless. If there is inability to manage multiple gargantuan issues all happening at the same time concerning all facets of government down to the local levels, then we have a bigger priority issue – the issue of competence and of sound management. Understandably there are no super humans but for leaders, of course there are! One needs to be above all humans if not close to the perfect man or woman. The job of supreme leader entails dedication 24/7, with no holidays to boot, which makes me wonder why many
JHAN TIAFAU HURST
only thing we have to do is ask Jesus Christ for His forgiveness and new life. Then with Him in charge, we can start changing and living His way, which is the only way we’ll ever have peace of mind and be free. Just think a minute!
Surfing Surigao PLANNING a route this summer or escape in a romantic seclusion? Stand on a surfboard in the oceans of Surigao. Unknown to many, the extreme sports of wave surfing has change the tourism landscape in Mindanao. From Siargao, General Luna and Lanuza down to Tandag, coastal towns and cities with hurdles of Speedo wearing adventurers ride the waves under the heat of the sun and at night simply stargazing with the elements of air from the breath of the Pacific Ocean. Days ago, the CNNGO. com, came up with a No. 8 ranking for Surigao as the “world’s top 50 best surf spots”. A recognition that helps pumped the needed tourist receipts to the countryside. As the sun dips out of sight, couples on the beach with Havaianas sandals and Project Rudy goggles splurges on San Miguel Light Beer and Barbecued Chicken making a leap of difference from what used to be a fisherman’s village. Wave surfing take us to the next generation of world travelers with less cash on hand but carries a bundle of plastic credit cards to settle their holidays from their
debit accounts in France, New Zealand, Australia or Japan. These nations’ ranks among the loyal and regular new market niche for special interest groups attracted to the cocoon like waves. We cannot wait for March till October having fun all summer long. Oceans, rivers and streams in the Philippines have all been touched by man. Stakeholders in Surigao are forewarned that development should be controlled as we learned a lesson in Boracay of overcrowding and stretching the island’s resources to the limit driving prices high. It’s more fun, in the Philippines, if tourism is made simple and affordable. It’s even more fun if we prevent toothpaste and soap out in the oceans from turning into a bubble bath. Surigao used to be a logging and wood processing coastal provinces. There are significant mineral deposits of iron ore and gold in Punta Tugas in Carrascal that according to the Mines and Geosciences Bureau is the largest in the hemisphere estimated to be three billion metric tons. That will turn the whole province upside down if allowed to
be developed. God forbids a scenario of the remaining trees cut and uprooted bringing down chemical poisons floating out at sea threatening life on land. Mining footprint in Surigao has to be regulated. Tourism initiatives in Surigao and the whole Caraga region is driven with enthusiasm and hard work by the diminutive Letty Db. Tan, the Regional Director of the Department of Tourism, Region 13. I have met the hard working lady who never gets tired of shuttling around the tourist destinations and the probable identified development area. She talks to investors and single handedly arrange business matching, a treat uncommon in the bureaucracy reaping rewards in terms of interests and growth in the region. Arrivals in Surigao registered 145,739 in 2010, up from the previous year’s figure of 114, 324. For 2011, Surigao accounted 31.21% increase in arrivals with an estimated P4.372 Billion in tourist receipts as reported by the Office of the Governor, Gov. Sol Matugas. Resorts occupancies for a total of more than 600 rooms stood at 33.72%
Multi-tasking is a must for managers MULTI-TASKING is a must for managers, especially when there are multiple issues to address. One must be of sound mind and body to address all issues, giving priority not only for those of extreme emergency, but also, never reneging on any issue by saying “this is not a priority”. The consequence of announcing that issues are of little priority can be detrimental to the country and its businesses. It also sounds condescending towards the community and may even have international implications. Announcing that some issues are of low priority creates a mindset that equates low priority issues to issues that are of no concern. Why even bother to categorize
THINK A MINUTE
wish to be the supreme leader what with sacrifices like these, unless of course there are super tips you and I are unaware of. Taipans who are dedicated managers (and probably billionaires) are often described as workaholics. This persistence to manage coupled with striving under stress and being alienated from family most of the time is needed to work for a goal - usually for economic supremacy and political influence or authority. The difference between business taipans and political leaders is the former’s penchant to manage crisis one after the other, never reneging on stressful decisions that have to be made daily. Knowing profit and monies are the goals for Taipans,
what exactly would be the goal for political leaders, say of a president? Should it be “love for country?” Should we no longer prioritize intellectual property rights, we should tell the Americans, the Europeans, the Japanese, etc. that their products mean nothing in our markets so much so we promote counterfeit and pirated DVD’s, hand bags, shoes, jewelry, etc. In fact let us stop the registration of trade names and copyright and, if necessary, the intellectual property offices. As for Ronnie Rickets with his enduring passion to snuff out these pirates, let us abolish the office since it is not worthy of any priority. It is obvious there are priority issues that need immediate attention
and others that can be left unattended. Or is there? To describe effective management is to leave no one behind; it means serving with passion everyone all at the same time, all of the time. Can you imagine a onductor whose orchestration and music arrangement is half baked, despite multiple instruments and musical arrangements that all need his scrutiny and priority? Can you imagine an engineer who, while building a high rise, decides not to prioritize the pillars of its building and instead concentrates on the exterior design to win a contest for best design architecture? Can you imagine a president who does not prioritize intellectual property and
TRAVERSING THE TOURISM HI-WAY
PED T. QUIAMJOT Butuan City in Agusan del Norte which seats as the regional headquarter for all government agencies in Region 13, it is accessible daily by air from Manila with Cebu Pacific mounting three flights daily and one flight from Cebu City. Philippine Airlines and Air Express also have one flight each daily from Manila and Cebu. Another airport in Surigao City hosts various flights from Cebu and could land chartered Beach Craft or Q-400 type jet propelled air craft. Recently down south, the private airport once operated by the Paper Industries Corporation of the Philippines (PICOP) in Bislig City in Surigao del Sur was QUIAMJOT/PAGE 7
SUPERBRANDING
HARRY TAMBUATCO categorizes it as low priority? In life we have priorities, some that we make more important than others. If you’re a leader of a country with some 97 million strong population, plagued with natural and man-made disasters, economic woes, financial distress, an ignorant majority and more – nothing is of low priority.
BusinessWeek
Jan. 30-Feb. 2, 2012
MINDANAO
A step ahead RAINS, Floods , bring with it so much water, and without saying, certain types of illnesses: Acute Gastroenteritis, Leptospirosis, Viral Influenzae, Upper Respiratory Tract Infections, Dengue, to name a few. Health In Focus has already touched on these diseases in our previous articles. Still, I would like to do Dengue, with focus on awareness and prevention, thus making us one step ahead of the disease. Evacuation centers, and setting up home shelters for those rendered homeless, should alert us all on the possibilities of all breeding places for the mosquito vector of certain types of diseases, with Dengue and Malaria in the forefront. For now, it is Dengue, and hopefully, next week, Malaria. According to the World Health Organization , approximately 2.5 billion or 2/5 of the world population are at risk for Dengue, with 50 Million infected worldwide. The Mortality rate, when treated, is placed at 1-2.5%, and with no treatment, the mortality rate rises to 20%. It is caused by the female Aedes Aegypti mosquito, which is day biting and loves to stay in clean stagnant waters. The most common presentation is fever, lasting for 2-7 days. There may be accompanying signs and symptoms like headache, pain around the eyes, feeling of weakness, loss of appetite, muscle and body pains, vomiting, skin rashes, nose
or gum bleeding or black tarry stools. Dengue Fever per se, may resolve after a few days, with plenty of fluids and rest. It is when the patient’s fever is accompanied with bleeding tendencies and laboratory findings of decrease in platelets, that hospitalization may be recommended. Once, the patient enters the Dengue Shock Syndrome phase, where the circulatory system may collapse that mortality rate is markedly increased. The 4 S Strategy of the Department of Health against Dengue when properly implemented and embraced by every citizen of this republic, can and will truly help markedly decrease the number of cases affected by the disease. First of the four S, is aimed at searching for possible breeding places of the mosquito: flower pots/vases, old tires, roof gutters, open cans and containers, and just about anything that can hold stagnant but clean water. It is important to cover these receptacles and to dispose the water every so often. It is our duty to clean our surroundings and thereby eliminate the vector. Where there are no mosquitoes, there are no Dengue Viruses! The second S, self protection measures, simply means wearing long sleeves or long pants, application of repellant lotions, use of mosquito nets or use of insecticide sprays. Dark colored clothing ( like black or dark blue ) should be avoided as dark colors seem to attract these mosquitoes!
HEALTH IN FOCUS
DR. MARY JEAN LORECHE-DIAO In the use of lotions or sprays, caution is likewise important as the ingredients may cause irritation to the skin or the respiratory passages. So choose your lotion or sprays wisely. As in the other disease that I have featured here , I always promote “ early consultation/ early detection “ can save a life. Thus, the third S is very much applicable in Dengue cases: seek early consultation. Once, you or your family member has any of the above manifestations, it is most wise to visit your Friendly Doctor. And, last of the strategies, is the avoidance or saying no to indiscriminate fogging. Fogging or fumigation is advisable only in instances where there are epidemics or out breaks. Since it uses chemicals, it is actually more of a health hazard than beneficial. It also does not in any way destroy or kill the infective larvae. These preventive measures are simple, easy, and doable. Remember, an ounce of prevention is better than a pound of cure! Let’s DOH it then!
The future of the Philippines THE economy of the country is quite bad and unless the present administration hit the right direction, chances are we dive to the lowest level of poverty. So many problems that have been there remained untouched and still the things that trouble us so much. All these things seem neglected because what is happening now is the excessive exercise of political bickerings, hatred and failures. Pres. Noynoy Aquino should form a team to handle his political activities with his enemies and everyone who belongs to the opposite side of the fence. Somebody should take charge of firing oppositionists in the last elections and everyone he hates so much. This can be handled by someone not the president himself. Political bickerings are things that never end despite the passing of time. It will go one for years and no end in sight. Pres. Aquino should focus himself on real problems of the country like the ever increasing unemployment problem, the lack of agricultural productions, the general aspect of the economy, foreign affairs like import and export of
Quiamjot... from page 6
was activated to host a Cebu to Bislig flight of Mid Sea Air Express, a new player in the airline industry based in Cebu
things badly needed in the country, the food, shelters, medicines and education of the people in the provinces and hinterlands areas. It is plain politics and no other. It appears the direction of the country is going nowhere and this is precisely the reason why it does not look good for the country. People are divided and so with their loyalty. Instead of uniting people, we scatter them in different places and work for the betterment of the situation is terribly affected. What is happening now is continuous firing of government executives who are political enemies of the present administration. Sending people to jail especially those who are identified in the side of the past regime. Running after those who belong to other political groups. Naturally, the problem of the economy and other major ones are forgotten and things go upside down. The president should led this country with friendship, honor and integrity. He must forget politics and proceed on a direction needed by the citizens. He must not show hatred towards anyone and
instead let reconciliation prevail. In this way, people will look at him as an honorable leader and deserving of honor and respect. Why so mny Filippinos are leaving the country. I wonder if our leaders and politicians ever asked thesemvesl on this issue. Right now, people go out of the country to foreign lands to seek for works and to live there permanently. They seem to have lost their desires to live in our country. They go to places even if sometimes there are dangers in foreign lands. It is surprising. The reason is they cannot b e happy here if ever they can live with contentment.
City. On May 1-4, 2012, the Philippine Surfing Championship Tour will be launched in General Luna. The National Men’s Surfing Championship follows on May
5-9. By Octob er, the 18th International Surfing Cup reels off with a bigger and larger contingents anticipated by the organizing committee. Marajao na pag-abut sa Surigao!
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New Year Financial Resolutions IT is almost the end of January—and only eleven more months until we make a new set of New Year’s Resolutions. How time flies indeed! So have you made your own list of “financial” resolutions yet? If you haven’t, you still have time to do so. The Financial Consumer Affairs Group (FCAG) of the Bangko Sentral ng Pilipinas, in its weekly e-newsletter Weekly Wealth Watch, has come up with these financial tips. If you feel that you are groping your way out of a financial mess, or are simply clueless on how to start steering your finances back on track this year, the very first thing you need to do is assess your financial situation. • Examine your bank statements for the past year and ask yourself what it says about you. Are you someone who jumps at every end-ofthe-month sale opportunity and buys things you already have, thinking you have made a good bargain? Think again, says FCAG. Know what you want and
how to get there. Make a personal financial statement similar to that of a company’s mission statement. Set very specific goals and concrete steps on how to go about achieving your targets. • For example, if you want to build savings of at least P20,000 this year, you can take baby steps and commit ten percent of your monthly income automatically to savings. • You can also learn about investing. § Start educating yourself on matters of personal finance. § Read a financial management book or two. § Shop around for financial products that best fit your risk tolerance and objectives. § Keep yourself updated on trends. Another worthy goal, according to the FCAG, is to make paying off debts a top priority in 2012. • You may prioritize paying either high-interest debts or the smallest balances first, then move sequentially down the line. • Wiping out your debts quickly not only helps you
Singing and dancing piety GIVEN our nature and our condition, we have to understand that our piety should not just be a purely spiritual affair. It should also be expressed in the flesh, with our senses—eyes, ears, touch—helping in developing and sustaining it. We can readily see this in our natural filial piety toward our parents, for example. We have all sorts of practices and customs to express that piety. We kiss our parents or make “mano po” every time we arrive or leave home. We keep their pictures in our wallets or in our rooms. We just don’t keep our love and respect for them in the mind. Our piety has to correspond as much as possible to the fullness of our nature and condition. That correspondence will make our piety more genuine, abiding and effective. That will also help protect us from the danger of temptations, distractions, sins and scandals. Especially these days, when our senses are constantly bombarded with sensual images and messages, with all kinds of vulgarities and profanities, it is urgent that we deliberately train our senses to be actively engaged with the proper object of our life. And that can only be God and that we learn how to love properly through them, not allowing our love to deteriorate to merely animal urges. We have to understand that things enter us ordinarily through the senses first, and that therefore the proper education of our senses comprises one of the more immediate needs of our times. Of course, we have to learn how to develop this particular aspect of our piety. For sure, it should not just
be a purely external affair, done more for show or appearance. It has to be vitally united to the convictions of our faith. Our senses should be connected to our reason and to our faith. That’s why we have to pray hard and to importune our Lord to give us more grace, more strength and light, so our senses can function properly. For those who find it hard to pray, then let’s pray for them, and wage a continuing apostolate of doctrine and catechesis. If we ourselves find it hard to pray, then let’s ask others to pray for us. In the meantime, let’s try to study the doctrine of our faith assiduously and start to go through the process of learning certain practices of piety. These practices of piety can be spending time in prayer and meditation, going to the sacraments, especially Mass, communion and confession, participating in some collective means of formation and piety, etc. No matter how awkward we may feel at the beginning, let’s just try to persevere. Virtues are usually attained by way of discipline and self-denial. In time, we will understand more and appreciate better the wisdom and beauty of these practices. Also, we should never think lightly of the little things that effectively begin and develop our piety, like looking and admiring pictures and images of our Lord and the saints, saying or singing spontaneous ejaculatory prayers that spring directly from our heart, offering flowers and other signs of devotion, including dancing, to our Lord and the saints, etc. Not unusually do little things help in fanning the
SPEAKING OUT
IGNACIO BUNYE steer clear of piling interest charges, but also helps to protect your credit score. FCAG advises further: Spend less than you earn. Try making a budget. • A budget is a tool for tracking income and expenses. • With a budget, you can prioritize spending for the more important things and adjust your lifestyle accordingly to minimize wasteful spending. Final FCAG advice: Safeguard your hard-earned money by shielding yourself against identity theft. Always be vigilant against high-tech fraudsters.
HINTS AND TRACES
FR. ROY CIMAGALA flame of love alive and bursting. This is something we should always keep in mind, because our tendency is to be fascinated only when big and extraordinary occasions and events come our way. While there is need to be discreet and natural about these practices given our human condition, we should see to it that we are actually oozing with love and affection for God and the saints. This is, of course, a personal affair, and so let’s allow our conscience to tell us about the extent and intensity of these practices. It’s in our conscience that we can hear the voice of God, who always intervenes in our life and tells us what and how to do things. It’s there also where we bring our personal considerations to him. Let’s take advantage of our usual actions to keep our piety alive, like attaching some ejaculatory prayer or pious thought to things like whenever we open or close a door, climb up or down the stair, or when we take a shower or fix ourselves in front of the mirror, etc. These practices should be second nature to us. With our current general mentality, they may be considered as a little bit exaggerated, but they actually are not. These practices would only show that our soul and our faith are alive and kicking.
Corp.Board
8 Jan. 30-Feb. 2, 2012
UPDATE : BusinessWeek Mindanao’s Partners OUTSTANDING ENTREPRENEURS & BUSINESS LEADERS AWARDS 2012
Green Bank Green Bank, Inc., headquartered in Butuan City, is a premier multi-awarded countryside financial institution. We provide innovative range of products and services designed to quickly respond to the multifacetedneeds of individual, corporate and microfinanance clients. The Bank has been in the front of providing responsive financial services to rural communities. It has opened proactive lending opportunities to the enterprising individual to help augment their daily quality of living. Through the bank’s pioneering efforts in offering non-collaterized micro loans and savings services, it has touched the lives of the market vendors, small sari-sari store owners, small service shops and manufacturers, even those who are engaging in agricultural type of business such as farming and livestock projects. With more than 46 established branches and 94 kiosks all over Mindanao, Visayas, and Luzon regions, Green Bank has grown and expanded its banking operations to
reach and delight the valued clients. Green Bank’s thrust of serving the over-growing needs of its clients is aligned with its vision as the Premier Countryside Financial Institution. This vision constantly guides Green Bank and its people with mission to provide fast, customer-driven products and services exceeding clients’ expectations. GREEN BANK: History Green Bank (now Green Bank,Inc.) was registered at the Securities and Exchange Commission on June 20, 1974 and started operations on April 5, 1975 . During the Marcos regime, the bank availed of the Central Bank’s rediscounting program called Masagana 99. Shortly after, the economy started to decline. Its lowest point was
immediately after the assassination of Ninoy Aquino in 1983. During this entire period the bank suffered very high past due ratio because borrowers particularly the M-99 farmers did not pay their obligations. Thus, the bank’s financial condition deteriorated rapidly. In 1988, Central Bank issued Circular No. 1172 designed to help ailing rural banks through a capital build-up and conversion scheme. The Bank’s arrearages with the Central Bank amounted to P15 Million inclusive of interest and penalties. It was then required to infuse fresh capital to cope with capital deficiency. Because of the poor response from the stockholders and the enormity of the arrearages the implementation was delayed. Only the Andaya group initially put in money followed by Engr. Dompor who was convinced by the Chairman, Ismael Andaya to infuse some cash. In 1989, the Board of Directors appointed Rufa C. Suan as manager. During her administration measures were instituted which turned the bank around. In 1993, the Securities and Exchange Commission
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approved the amendment of the Articles of Incorporation increasing the capitalization from P/2,000,000.00 to P/20,000,000.00. Lately the SEC approved the increase of Authorized Capital Stock from P/20,000,000.00 to P/60,000,000.00.Now the stockholders have opted to further increase the authorized capital stock from P60 Million to P500 Million with an initial paid in of P27,500,000.00 In the late 2000, Green Bank merged with the Rural Bank of Alegria and became the biggest Rural Bank in Caraga in terms of resources. It also became the first rural bank in CARAGA to have branches all over the region. To date there are 42 branches in Mindanao and the Visayas. The program of the government to extend financial assistance to the poorest of the poor embodied in BSP issued Circular No. 340, dated July 30, 2002, authorized banks to establish branches/loan collection and disbursements points (LCDPs) that allowed us great opportunity for expansions for our banking services specifically in the countryside.
Siargao Bank
Awards 2012
MINDANAO ENTREPRENEURS & OUTSTANDING BUSINESS LEADERS
NOMINATION FORM Full Name/Title of Nominee________________________________________________ (Official Name of Individual or Company)
Business Address: ________________________________________________________
Tel. No.__________ Email ____________ Web Site:______________ Awards Category : ________________________________________________________
Agri-business Banking & Finance Alternative Energy Dev’t - Health/ Food Production & Marketing Housing & Realty Dev’t Cooperatives & Coop Insurance Hotel/Resorts & Tourism Dev’t. Full Name of Endorser_____________________________________________________ Address/ Tel. No./ Email___________________________________________________ Attach the following: (1) Official Letter of Endorsement; (2) Photos (1 passport size/ pics of establishment bldg/area) (3) Short History (500 words) (4) Documentary Evidence ( Photo copies of citations/ certificates, awards) (5) Biodata or resume
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SIARGAO Bank ( A Rural Bank) Inc., was founded last September 24,1977. Siargao Bank is a member of (RBAP) Rural Bankers Association of the Philippines,( CARBAF) CARAGA Rural Bankers Federation,Surigao Bankers Club,(MMC) Mindanao Micro Finance Council, Company Overview VISION-Siargao Bank (A Rural Bank) Inc. envisons a progressive province of Surigao del Norte through the development and uplifment of marginalized families. MISSION- To be a major contributor to the local economy through the development and uplifment of Surigao del Norte. To promote development intervention in livelihood creation,protection of the environment and health. To be the Rural Banking partner of choice of various sectors in their financial and banking needs. Products Siargao Bank Accepts; Sav i ngs Deposit; Specia l Sav ings;HIM AS S a v i n g ,Yo u n g S a v e r s C lu b ; R e g u l a r S a v i n g s . Loan Products; Regu lar Loans;Salary/Honorarium; Pension;Agricultural; Micro Finance; PASAKA; ISDA; BAMBOO & KASAMA
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MINDANAO
Bukidnon Cooperative Bank THE Bukidnon Cooperative Bank formerly Cooperative Rural Bank of Bukidnon started its operation on September 11, 1977 aiming to engage business of extending credit to all types of cooperatives and members, the hope that the members had been counting on to free them poverty. The Birth of CRBBI has been spearheaded by 15 authorized representative from the incorporating Kilusang bayan Farmers, Barrio Cooperative and/ or Samahang Nayons. After more than twenty years of operation, the Bukidnon Cooperative Bank slowly niche its way in the Banking Operation in Bukidnon by gaining back the trust and confidence of the people and
had been making name on its own and has been recognized by acclaimed award giving bodies by naming the Bukidnon Cooperative Bank as the Most Outstanding cooperative Bank in the Country. Today, the Bukidnon Cooperative Bank had been serving the people of Bukidnon through its 4 branches strategically located to cater most of its farmer clients and had been providing employment to many. From the original 11 man staff, the bank presently employed 60 management staff to serve the clients in the most effective and efficient way.
C. Alcantara & Sons, Inc. DAVAO CITY - C. Alcantara & Sons, Inc. (CASI) is the founding company of the Alcantara Group of Companies. It was organized in 1954 by the late Conrado C. Alcantara to engage in the logging business in Mindanao. Its main product now is plywood. The Alcantara Family has since expanded and diversified into property development, agriculture, product distribution, and power generation. Alsons C onsolidated Resouces, Inc. or ACR is a publicly-listed holding company that is majorityowned by the Alcantara’s through Alsons Corporation. ACR’s core interests are in energy and power generation, property development, and product distribution. ACR’s investments is through two holding firms namely ; Conal Holdings Corporation (Conal) and Alsing Power Holdings, Inc. ACR is also engaged in the Property Development business through its subsidiary, Alsons Land Corporation or ALC. Established on November 25, 1994, ALC is primarily involved in two major enterprises, the first is a 72 hole golf course development with a residential component called the “Eagle Ridge Golf & Country Club” and the second is a 440 hectare industrial estate, otherwise known as the “Lima Technology Center”. Aside from marketing it’s golf and residential products, ALC, together with its subsidiary, Alsons Steel Forming Division is exploring the possibility of developing other types of housing products in the areas adjacent to its existing projects both in Cavite and Batangas and maximizing use of its remaining land holdings. Alsons Corporation was established to be a holding company for various
Alcantara companies. It is 72% owned by the Alcantara Family and 28% by Alsons Development Corp. (ALDEVINCO). ALDEVINCO is a property development company owned by the Alcantara’s. It was established back in the 1960’s and has developed upscale subdivisions in Davao City like the Ladislawa Village, Las Terazas Village and Woodridge. The Agribusiness Unit or ABU of the Alcantara Group consists of four companies; SACI, AAC, FHI and ARC. Sarangani Agricultural Company, Inc. (SACI) was established in 1962 to manage the Family’s interests in cattle breeding and fruit production. It is fully owned by the Alcantara Family. Alsons Aquaculture Corporation (AAC) is the main aquaculture company of the Alcantara Group. It was established in 1997 and began commercial operations in 1998. Its main products are milkfish, tilapia, prawns, seabass, pomfret and processed milkfish products. Finfish Hatcheries, Inc. (FHI) was organized in 1996 and is engaged in the production of milkfish fry and fingerlings of other highvalue fish species such as pomfret, seabass, grouper, etc. FHI is targeting to produce 500 M milkfish fry for the year 2000, roughly 30% of domestic requirement. Aquasur Resources Corp. (ARC) is in-charge of marketing AAC and FHI aquaculture products in Manila and Iloilo. It is engaged in research work for the Alcantara’s interests in aquaculture. Aqua Sur is 95% owned by Aldevinco and 5% by the Alcantara family.
BusinessWeek MINDANAO
Congress.Watch
Jan. 30-Feb. 2, 2012
9
Free and culture sensitive registration for indigenous peoples pushed THE House Committee on National Cultural Communities is fasttracking the deliberation on the proposed registration of indigenous peoples nationwide in view of the lack of concrete official statistics on the total number of indigenous peoples (IPs) in the country. Last Wednesday, the committee chaired by Rep. Teddy Brawner Baguilat, Jr. (Lone District, Ifugao) decided to consolidate two bills providing for free and culture-sensitive nationwide registration of IPs. HB 4701, authored by Rep. Rufus Rodriguez (2nd District, Cagayan de Oro City), provides for free birth
Coops... from page 1
recommended by the 1st MinCARED; • Creation of the Mindanao Power Corporation through legislative action. Discussions with civil society representatives have been mostly centered on the cause of the ordinary consumers. Media speakers espoused also the stand that in case of privatization, electricity rates should not be higher than what is being charged presently by power distributors and electric cooperatives. In its previous pronouncement the 27-member cooperatives of Amreco said they are vehemently opposed to the Electric Power Industry Reform Act of 2001 which allows the privatization of the Agus and Pulangui hydropower complexes presently operated by the state-run National Power Corp. They reasoned out privatization of these two giant hydropower plants will ultimately result into higher power generation rates and the consumers’ electricity bills. With the MinCARED congress, Amreco proposed the creation of Mindanao Power Corporation which will retain government management of the plants. About three years ago, multi-sectoral groups in Mindanao, including unions from state-owned National Power Corporation (NPC), consumers federation, electric cooperatives and private utilities in already launched their campaign against the proposed privatization of Agus-Pulangui hydropower plants. Advocates stressed that privatization of the state-
registration of IPs, while HB 5184 filed by Rep. Luzviminda Ilagan (Party-list, Gabriela), provides for a free and culture-sensitive civil registration system for IPs. Ilagan’s bill was co-authored by Baguilat and Reps. owned power plants, once it becomes a law, would restructure the power sector and privatize National Power Corporation (NPC). However, NPC is already privatized and is now known as the National Grid Corporation of the Philippines (NGCP) even with the strong opposition of Napocor unions (NECU / NPC Employees Consolidated Union and NEWU / NPC Employees and Workers Union).. In July 2001, NECU petitioned the Supreme Court to prevent the implementation of the newly-enacted Electric Power Industr y Restructuring Act (EPIRA) arguing that the law was unconstitutional because, among others, it impaired employees’ security of tenure and it allowed corporations to develop the country’s natural resources such as geothermal and hydropower without co-arrangements with the state. NEWU argued that indigenous energy sources should not be privatized as they are part of the country’s national patrimony and should be protected from foreign ownership. With the looming sale of the 982MW Agus-Pulangui hydropower plants in Mindanao, advocates of no-privatization are citing technical, financial/economic, legal and socio-cultural grounds to argue that privatization as an economic policy and strategy of government is obsolete. Now spearheaded by AMRECO, they urging the government and the lawmakers to stop the sale of Agus-Pulangui and create a separate and independent entity (Mindanao Power Corporation). Thus the MinCAREC congressd are now collaborating with
Emmi de Jesus (Party-list, Gabriela) and Mel Senen Sarmiento (1st District, Western Samar). Quoting reports by Katipunan ng mga Katutubong Mamamayan ng Pilipinas (KAMP), Ilagan said there are about eight million IPs divided into more or less 100 ethnic groups in the Philippines. “Of this number, however, more than a majority can be considered as undocumented as their vital data (birth, marriage and death) have been largely unrecorded in the local civil registry. Th is is affirmed by various studies which reported that levels local government officials, NGOs and peoples organizations (consumers group, anti-debt coalition, other labor networks, and the business sector in the campaign. The Agus-Pulangui Hydropower Complex (AHPC) consists of 7 hydroelectric plants (Agus 1-7 and Pulangui IV) and currently generates 50% of total capacity in Mindanao. Grounds of the opposition included the following: Electricity is not a commodity but a basic public service and obligation of the state to its citizens. Agus/Pulangi hydropower is a national patrimony, contributing about 60% of Mindanao’s power requirement and is a profitable revenue-generating arm of the government. The Agus generation plants provides a cheaper rate of electricity at P0.62/kwh in 2009 and P0.43/kwh in 2007 and 2008, respectively, four to six times less than the average Mindanao grid rate of P2.71/kwh in 2009. The advocates concluded that with the creation of the Mindanao Power Corporation (MPC), the government would retain state control over indigenous energ y sources and ensure a “buffer” mechanism against possible price increases. MPC will deter any monopolistic moves in the power industry and prevent the rise of oligarchies in this sector.
of birth registration among the marginalized sectors (including IPs) have been very low,” Ilagan said. Given the legal effects of non-registration, Ilagan admitted there were official attempts in the past to encourage IPs to report their vital events or data. One hindrance, according to the proponent, is the payment of fees that pose some problems for IPs to comply with civil registration. “But the problem of low registration compliance among IPs has remained,” Ilagan said. Another exacerbating factor is that the government’s periodic national census sur-
veys do not include ethnicity such that even the National Statistics Office (NSO) does not have statistics on the total IPs population in the country. Ilagan noted that the extant civil registration system in the country was instituted through the passage of Act No. 3763 in 1930, when the country was still under American tutelage. Although this system had undergone several administrative revisions to fit into the changing times and conditions, it has retained much of its basically colonial framework. To state it in sociological terms, the extant civil registration system in the country is not sensitive to the distinct
cultural practices, beliefs and traditions of IPs, including their unique identification system, Ilagan pointed out. “To illustrate, among others, most IPs do not use clocks. They also do not use the calendar and their territorial boundaries are largely un-delineated. Many of them still reckon time and space in accordance with an oral tradition based on the geology motions and landmarks of nature. The Tasadays, for example, in Southern Mindanao still go around on a one-name basis, replete with first name, surname and middle name,” Ilagan stressed, adding “this is no small-problem for our IP brothers and sisters.”
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De Oro Pacific Home Plus is now hiring for Accounting and Encoder jobs! Qualifications: Male / Female Graduate in any business course Graduate in any computer course Computer literacy is an advantage for the accounting graduate Must have pleasing personality Must be Honest, Committed, Positive and Hardworking Can work with low supervision Can work under pressure Excellent interpersonal and communication skills in both written and oral. If you think you've got what it takes, Interested applicants may submit their RESUMÉ/ APPLICATION LETTER WITH TRANSCRIPT OF RECORDS to: The Manager De Oro Pacific Home Plus Lapasan High-way, Cagayan de Oro City
Prof. Rowaldo del Munto stresses a point during the Open Forum on Knowledge Products during the 1st Mindanao Congress of the Advocates for Renewable Energy and Rural Electrification and Development (Min CARED) held 25 Jan 2012 at Cagayan de Oro City. Also in photo are Dr. Ambrosio B. Cultura and Dr. Ricardo E. Rotoras,both of the Mindanao University of Science and Technology (MUST). (PHOTO BY MIKE BANOS, NPN)
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
The newly organized Association of International Recruitment Agencies (AIRA) in Region Ten inducted its new set of officers and board of directors during its first fellowship activity last month. Elected are (left to right): president Leopoldo B. Zerrudo Jr. of MMML Recruitment Services, Inc., vice president - Joseph Supangan of Admiral Overseas Employment Corp., secretary - Teresita Abrogar of Ed-Fro-Bon Manpower Services, treasurer - Jesela L. Daniel of Naptron International Placement Agency, auditor - Charity A. Morales of H.M.O. International Human Resource, board of directors - Joy Tan of Pacific Mediterrenian Int’l. Manpower Agency Inc., Aubrey Bariquit of Safe Future Manpower Agency Inc., Jeanesa I. Ratunil of Pisces International Placement and press relations officer - Jerry T. Gratil of United Placeman Phils., Inc. Inducting officer is Mr. Jeremy Cabrera of the Philippine Overseas Employment Administration (POEA) -10.
Aggie News 10 Jan. 30-Feb. 2, 2012 Farm growth below target
F
ARM OUTPUT dropped in the fourth quarter of 2011, dragging full-year growth to a slower-than-expected pace, Agriculture officials said.
They particularly blamed a fall in fishery production throughout the year and stormrelated losses in palay in the fourth quarter for the entire sector’s missing the official estimate. Speaking in a press conference, Agriculture Secretary Proceso J. Alcala said farm production expanded by just 2.34% last year, against the department’s 3-3.5% projection. In comparison, a dry spell had made farm production contract by 0.28% in 2010, revised from an earlier 0.12% estimate, Bureau of Agricultural Statistics Director Romeo S. Recide said in the same event. He added that, in the fourth quarter alone, farm output contracted by 2.11%, compared
to 6.06% growth posted in the same period in 2010. “This [fourth quarter] was the time when we saw the calamities affect production,” he noted. But the government expects farm output to grow faster this year -- at between 4-5% -- with palay production expected to hit a record 18.46 million MT, up nearly 11% and putting less pressure on the government to import more of the grain. Mr. Alcala said that even as palay output rose 5.78% to 16.68 million metric tons (MT) last year, production could have been higher if not for unfavorable weather. “For palay, if the country was not hit by typhoons -- especially Pedring (international name,
Nesat) -- production should have been higher,” he said, noting that damage to palay totaled some 1.163 million MT. The crop subsector, which accounted for 49.6% of total agricultural output, rose 4.82% from a year ago. Fisheries, which contributed 20.7% to total output, dipped 4.07%. “Since the fisheries sector failed to recover, the expansion of the whole farm sector was lower,” Mr. Alcala said. The livestock subsector, which contributed 15.97%, expanded by 1.99%, while poultry, which accounted for 13.71%, grew 4.3%. “The combined positive performance of crops, livestock and poultry subsectors served as a cushion against negative growth [sic] in fishery caused by dwindling fish population,” Mr. Alcala said, blaming illegal fishing and overfishing.
BusinessWeek
MINDANAO
The Agriculture department expects agricultural production to pick up this year as a result of more irrigation facilities, expanded credit programs for farmers and early planting by more farmers.
According to Quico, the comparative data on major agricultural performance for 2011 revealed that rice production had gone down to 114,030 metric tons from 139,001 metric tons in 2010. However, he stressed
that the area planted and harvested have also been reduced to 33,859 hectares from the previous 35,272 hectares. Quico said that the same has happened with corn production. Thus, for calendar year 2011, the province
has only produced 6,860 metric tons of corn from a previous harvest of 14,081 metric tons or a 48.70 percent change. In 2011, only 5,226 hectares had been planted with corn as compared to the previous year with 6,122 hectares.
For international flights, Seair flies to Macau, Hongkong, Bangkok, and Singapore from the carrier’s hub in Clark, Pampanga. The firm has recently announced flights to Kota Kinabalu, Malaysia, Mr. Zapanta said. Mr. Zapanta said, if possible and if allowed, it also plans to fly South Korea and
Japan in the future. In October last year, Seair was among the carriers granted air rights to Malaysia. CAB granted the carrier 2,520 seats per week on the Clark to Kuala Lumpur route, and 1,260 seats per week on the Clark to Kota Kinabalu route. Seair was also granted 540 seats per week each on the following routes: Clark to Kuching, Clark to Penang, and Clark to Langkawi.
shipping needs including household goods, comfrom page 1 mercial auto shipping, con2GO Freight—This unit tainer shipping, freight will continue to handle shipping and express shipcommercial and personal ping.
2GO Supply Chain Management—This unit leverages on the company’s more than 100 years of expertise in Logistics, Distribution, Warehousing, and Inven-
tory Management. 2GO Travel—Integrating the country’s leading passenger ships and fast ferries, Negros Navigation, SuperFerry, SuperCat, and
Cebu Ferries, this unit offers the biggest fleet and the widest choice of route linking Luzon, Visayas, and Mindanao. “All these changes re-
flect an important redirection for ATS—towards becoming a world-class transport, logistics, and supply chain company,” Tagud added.
company in Butuan City for the establishment of multimillion-peso run-to-river mini-hydro power plants. City officials, led by Mayor Ferdinand M. Amante, Jr., have already given the green light for the project.
Some Koreans and Chinese business groups including domestic businessmen have already started operating their agricultural plantation in the city of Butuan and the province of Agusan del Norte with close to 50,000 hectares open for co-management with the local government unit and business group or individual.
One of the country’s three top companies also inked their memorandum of understanding with a mining company at Nonoc here for a major nickel mining operation. The company investment of some $2.5 billion is expected to generate 8,000 new jobs. The city government of Surigao led by Mayor Ernesto T. Matugas is already extending assistance
for the commencement of the mining operation. The city government of Surigao also started their P500 million Surigao City “Agri-Fisheries and AgroIndustrial Development Program” for 2012-2016 where an estimated 10,000 farmers will be benefited. This program is also open to different business groups, both foreign and domestic. Multi-billion dollars’ worth of mining investments of foreign and domestic business groups in Claver and other towns in Surigao del Norte and also in Surigao del Sur are in full swing this year, generating at least 20,000 new jobs and additional revenues for the local government units. Just recently, officials and technical men from the Korean government, assisted by Region XIII
Department of Energy and Natural Resources (DENR) Regional Executive Director Leonardo R. Sibbaluca, per instruction of Environment Secretary Ramon J.P. Paje, started surveying in Agusan del Sur for the establishment of a multi-million-peso wood pellets plant in the economic zone area of that province. Aside from generating local employment and revenues, the establishment of this environment-friendly wood pellets plant is expected to bolster the solid waste management program and global warming and climate change mitigation programs of the government. The Koreans also intend to plant millions of agricultural tree seedlings in the wide areas in Agusan del Sur and neighboring areas. (pia)
Tuna..
cent from 2010’s $359,380 million, she said. Contreras said over 60 percent of the country’s tuna production is based in Mindanao, particularly centered in General Santos City. The country has a total of seven canneries, six of which are located in General Santos City while the other one is in Zamboanga City. Contreras added that the 15 fish processors and exporters in General Santos City comprise 80 percent of the total processors in the country. (pna)
DA-Surigao keen on knowing cause for lean harvest By GREG TATARO, JR., Contributor
TANDAG City -- The Office of the Provincial Agriculturists (OPAG) in Surigao del Sur is keen on knowing the cause of drop in rice and corn production here last year.
ATS...
Economic.. from page 1
After signing a memorandum of understanding, a Japanese business group is already in close coordination with a local construction
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Seair... from page 4
from page 1
She said the other export markets are Japan with 24 percent export market share, North America with nine percent, Middle East with six percent, Europe with three percent, other Asian countries with two percent, and Africa, South America, and Australia with one percent share each. In 2011, value of exports of Philippine tuna reached $366,271 million. This is higher by almost two per-
BusinessWeek MINDANAO
Food& Food &Lifestyle
Healthy foods for a healthy lifestyle WE are going to share with you these recipes not just a mouth-watering but also for homemakers who desire to be masters of their own kitchen using basic skills and simple techniques to expand their culinary skills. A recipe for day-today cooking. Pinoys as
we are, who really appreciate good food that is more on malasa, the better the taste. We will include some helpful ideas and tips whenever you will be cooking for larger family groups and friends. At times you may wish to serve more time
and effort to produce memorable meals, especially on a very special occasions. The simple pleasure of the kitchen is an important part of our lives, and good food certainly creates the magic that never fails to bring smile to family and friends.
LIFE & Leisure
Jan. 30-Feb. 2, 2012
11
HOTELS RESTAURANTS Pryce Plaza Hotel
Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservaƟons@pryceplaza.ph
Hotel Koresco
Pueblo de Oro Golf Course,CDO, fax. No. [088] 858-9748
tel. Nos. 858-9748 to 54, E-mail:hotelkoresco@yahoo.com
RIZA O. ARES, HRM
Chicken Relleno
Mallberry Suites
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 Ingredients: 1 kilo Whole Fresh Chicken, deboned Dash of Salt Dash of Pepper 1 Tbsp. Soy Sauce 1 Tbsp. Calamansi Juice Stuffing 2 cups Ground Pork 2 ”Tbsp. Strawberry gelatin powder 1 Tbsp. Raisins 1 Tbsp. Carrots, grated 1/4 cup Diced Cheese 1 Tbsp. Sweet Pickle Relish 1 Tbsp Sweet Pickle Juice 6 pes. Vienna Sausage, chopped 2 Tbsp. Canned Pimiento, chopped very fine 1/4 cup Oatmeal 2 Whole Eggs 2 tsp. Salt 1 tsp. Pepper 1 Tbsp Liquid Seasoning Procedure: 1. Wash and pat dry the deboned chicken. 2. Season with salt and pepper. 3. Rub soy sauce and calamansi juice. 4. Marinade for 30 minutes inside refrigerator.
Beef Shank with Cream Sauce
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
TO Stuff: 1. Combine all stuffing ingredients in a glassbowl and blend with fingers for 5 minutes. 2. Keep in ref for 15 minutes. 3. Layout chicken in flattened foil sheet. 4. Stuff with the meat mixture and shape into long roll. 5. Overlap the skin and tuck under the roll. 6. Wrap and seal well. To Bake: 1. Pre-heat Turbo Broiler at 350 degrees for 15 minutes. 2. Put round big pan half-filled with water and a rack on top. 3. Put wrapped relleno on rack and bake for 45 minutes but check for doneness first after 30 minutes.
Ingredients: 1 cup flour 2 pes. MAGGI BEEF CUBES, crushed 1 k. beef shank, sliced 2” thick 1/4 cup olive oil 1 medium onion, quartered 2 medium carrots, coarsely chopped 2 stalks celery, coarsely chopped 1 head garlic, crushed 1-1/2 cups tomatoes, peeled, seeded & diced (approx. 7 pes.) 1/3 cup white wine 1 tbsp. chopped fresh basil leaves 1 pc. bay leaf 1 170g. can NESTLE CREAM 1 tbsp. fresh chopped parsley
Procedure: Combine flour and 1 pc. MAGGI CUBE in a bowl. Dust beef shanks with seasoned flour and brown on all sides with olive oil. Set aside beef and excess oil, leaving about 2 tbsps. in the pot. Saut6 next four ingredients in oil for about 5 mins. Add in fried meat, enough water and the rest of the ingredients except parsley. Cook just until meat is fork-tender. Arrange meat and vegetables onto a platter. Reduce broth to about 2 cups; stir in cream and simmer for about 5 mins. or just until thick. Pour sauce over meat and vegetables. Sprinkle top with parsley.
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
Serves 6 - 8
Malasag Eco Tourism Villages Cugman, CDO Tel. No.855-6183 [088]309-3752
Warm Meat and Seafood Salad Ingredients: 200 g. pork tenderloin, sliced thinly 1 pc. chicken breast, deboned & sliced 1” cubes 1/2 k. shrimps, shelled & deveined 1 cup flour salt and pepper to taste cooking oil for deep frying 1 small red bell pepper, cubed 1 small green bell pepper, cubed 1 438g. can pineapple chunks 2 apples, sliced to wedges Dressing: 2 tbsps. butter 3 tbsps. flour 1 pc. MAGGI CHICKEN CUBE dissolved in 1 cup water 1/2 cup pineapple juice 1/4 cup vinegar 6 tbsps. sugar or to taste salt and pepper to taste 1 170g. can NESTLE CREAM Procedures: Dust pork, chicken and shrimps in seasoned flour. Deep fry in hot oil until slightly brown. Drain very well. Toss in the rest of the ingredients for salad. Set aside. Melt butter and stir in flour. Slowly pour in broth and the rest of the ingredients for the dressing except NESTLE
CREAM. Cook stirring constantly until thick. Turn off heat and cool a little. Fold in NESTLE CREAM and toss into prepared salad. Serve warm. Serves 6 - 8.
TIPS: 1. When cooking long pasta, like spaghetti, hold in a bunch and put one end in the water. As the ends of the pieces soften, bend the pasta slightly and gradually feed the rest in. 2. Cook green vegetables uncovered. This will help maintain their bright green color. 3. Soak liver in milk for one hour prior to cooking to neutralize its strong flavor. To tenderize liver, soak in tomato juice or
sauce for about an hour. 4. Fish is fresh when it has shiny and slippery skin, bright and bulging eyes, and distinct color markings. The gills are bright red and the scales adhere firmly to the skin. The flesh is firm to the touch. The gills and the belly should not have offensive odor. 5. To eliminate fat spattering and sticking when frying or, sautéing, make sure the pan is hot before adding oil. Sprinkle a little salt into the frying pan also prevents spattering.
LOT FOR SALE BEACH HOUSE
Baloy, Cagayan de Oro City
By appointment only Tel. #: (088) 855 3898