BusinessWeek
THE NEW HD BOX. ONLY FROM PARASAT
YOUR LOCAL ONLINE BUSINESS PAPER
www.businessweekmindanao.com Issue No. 89, Volume III • July 13-15, 2012
Editorial: 088-856-3344 • Advertising: 0917-7121424
P15.00
Market Indicators
AS OF 5:47 PM JULY 12, 2012 (Thursday)
FOREX
PHISIX
US$1 = P42.08
5,205.19 points
30.25 points
;
20 cents
;
Briefly Davao-Manado flight
INDONESIAN carrier Wings Air has resumed its chartered flights services between Manado and Davao using a 70-seater twin-engine aircraft. The flights, which were revived in June after ending in 2008, are expected to boost tourism and trade among cities of the Brunei DarussalamIndonesia-Malaysia-the Philippines East ASEAN Growth Area (BIMP-EAGA). Wings Air is a subsidiary of Indonesia’s largest privately run airline Lion Air. “This progress will greatly benefit our traders and businessmen who have major transactions in either Manado or Davao, and other nearby cities,” said Shelly Sondakh of the BIMP-EAGA Secretariat in Manado.
M
ANILA - The Department of Transportation and Communications said the Korea Economic Cooperation Development Fund will lend out $13.29 million for the improvement of the air navigation system of the Laguindingan Airport.
CDO-USAID initiative
THE 16th city council confirmed the memorandum of understanding (MOU) entered between Cagayan de Oro and the United States Agency for International Development (USAID) for the USAID/Philippines Cities Development Initiative. The council, headed by Vice Mayor Caesar Ian E. Acenas during its regular session, this city last Tuesday set this with Cagayan de Oro represented by city mayor Vicente Y. Emano. Cagayan de Oro was selected as one of the three cities in the country to participate in the initiative. The other two participating cities are Batangas City for Luzon and Iloilo City for the Visayas. Based on the statement of understanding, the parties will cooperate in efforts to execute catalytic, sustainable, transparent and equitable economic reforms to spur rapid, broadbased and inclusive economic growth.
FORCED LABOR: A child worker transports woods that he has collected from the dumpsite to the charcoal factory. Poverty forces minors to work and Northern Mindanao is among the regions in the country with the highest record of child labor. PHOTO BY MIO CADE
Butuan gets ready for M’danao business confab BUTUAN City -- This city is hosting the annual Mindanao Business Conference, which will run from August 2 to 4 at the Almont Hotel’s Inland Resort. Now in its 21st year of staging, the “MinBizCon” is the main multisectoral platform for fostering competitiveness and accelerating growth in the region and for showcasing investment
Beside U.C.C.P., C.M. Recto Ave., Nat’l Highway, Cag. de Oro City
Cell No.: 0917-304-6195
BACK TO SCHOOL PROMO!
Trained by:
RICKY REYES & DAVID’S SALON Makati City
destinations, particularly in its host city and surrounding provinces. The Mindanao Business Conference is organized by the Philippine Chamber of Commerce and Industry (PCCI) and the Butuan Chamber of Commerce, with support from the Mindanao Development Authority (MinDA) and the U.S. Agency for International Development (USAID), through its Growth with Equity in Mindanao (GEM) Program. The MinBizCon is also supported by local governments of Butuan City and
Agusan del Norte province, DTI, Department of Tourism, Department of Agriculture and other partners. “We’re looking forward to hosting this event and drawing attention to opportunities here,” said City Mayor Ferdinand Amante Jr., who cited several ongoing business developments, including the construction of a mall and a 150-room hotel by a nationwide chain, as well as a golf course. CONFAB/PAGE 11
In a statement, Transport Secretary Manuel “Mar” Roxas said the loan would be coursed through the Export-Import Bank of Korea, thus requiring the Philippine government to tap the Korean private sector for contractors. The Laguindingan Airport will require a better instrument landing system, a Doppler radar, a communications system, an automated weather observation system, electrical works for the air navigation system and aeronautical ground lighting system, among others. About 90 percent of civil works at the airport has been completed by Yooshin Engineering Corp., SCHEMA Konsult, Inc., and the Hanjin Heavy SOLONS/PAGE 7
Indian investor eyes Davao’s potential for rice bran oil DAVAO City -- Department of Trade and Industry (DTI) Davao City director Teololu Pasawa disclosed that an Indian investor who recently visited the city signified interest in the region’s rice bran stocks that are left unprocessed to their fullest. Pasawa said the investors from India made an ocular of an area that they had identified for a possible site of a coconut oil processing plant and saw the stocks of rice bran in almost all areas that they visited. Although he did not disclose the names of the Indian investors, he said the rice bran also caught their attention for possible processing of oil and integrated this to their major business prospect of processing coconut oil. INDIAN/PAGE 11
Economy 2 Abaca industry in ZamPen booming July 13-15, 2012
By MICHAEL VINCENT D. CAJULAO, Contributor
ZAMBOANGA City -- Region 9 is now becoming one of the major abaca producers in the country as production and interest from farmers to plant such is continuously improving. Fiber Industry Development Authority (FIDA) 9 Regional Director Olimpio Macarayan said FIDA has noted an increasing trend in the production of abaca from 2010 to 2011, and even in the first half of this year. In a comparative data released by FIDA, regional
production of abaca in 2011 increased to 3,236,431.20 kilograms as compared to the 2,647,328.1 kilograms in 2010. Dir. Macarayan said the figures included production from Sulu, where most of the bulk came from. “Although Sulu is an
ARMM province, it is still under the jurisdiction of our office. It is actually the biggest producer for region 9, followed by Zamboanga Sibugay,” Macarayan said. “We even noted a high rate of production from January to May this year. It’s really very promising,” he added. Macarayan also pointed that the industry in the region has improved as more and more farmers venture into abaca propagation. “The status of our abaca industry is booming. There
are now many farmers who want to plant abaca and it’s a very good sign,” he said. The shift of interest of farmers to abaca is credited to its shorter maturity period compared to other high value crops like rubber, where region 9 also excels. However, FIDA said in as much as many farmers would want to plant abaca, the lack of capital of small farmers has somehow affected the full take off of the abaca industry. “There are many farmers who really want to plant abaca, but the problem is the lack of capital of our small farmers,” he explained. According to Macarayan, FIDA has come up with assistance program to help these farmers start with their venture. Seeing the vast potential of the industry, Macarayan said DA Sec. Proceso J. Alcala has again granted FIDA 9 another P9 M for the expansion of their proposed project.
BusinessWeek
MINDANAO
Macarayan said the grant is not only to help expand abaca industry here but also it is part of the National Greening Program of the national government. This program also encourages
the planting of rubber trees where it is suited. The expansion program will be implemented next year. Macarayan, however, said the farmers’ problems do not ABACA/PAGE 9
Koronadal coops cited for help to local economy By AIDA C. AGAD, Contributor
KORONADAL City -- Cooperatives in this city are considered development players that propelled the local economy. In his state of the city address (SOCA) July 9, Koronadal City Mayor Peter B. Miguel underscored the contributions of the 70 cooperatives accredited by the city cooperative office to the city’s economy.
Miguel said the city government has also extended support to these cooperatives in the form of trainings and seminars, technical assistance, as well as loan assistance. The mayor also commended the cooperatives for paying their loans extended by the city through the Cooperative Support Fund for Quality Massive Economic Development. Eleven accredited coop-
eratives have availed itself of a loan assistance in 2011 and have already fully paid their loan, Miguel reported. The city cooperative office also reported an increase of 54 percent in loan assistance fund, from P830,000 in the previous year to P1.8 million as of the 1st semester of 2012. The office was accredited last year as cooperative training provider and became a nominee for the nationwide “Gawad Parangal” CDA.
Mambajao drafts local tourism code By JORIE C. VALCORZA Contributor
MAMBAJAO, Camiguin -- Mambajao, the capital town of the island province, included a photo gallery of the town’s prime tourist destinations last week as
part of the draft of their tourism code. Editha Moosreiner, the Mambajao municipal tourism code co-chairperson, said that the code will contain information on transportation access, places to visit, and where to stay on this
part of the island. The new set of pictures in the said photo gallery features existing and potential tourist spots, as well as historical landmarks, and will soon fill the town’s tourism pages, brochures, and postcards. Moosreiner said they have already conducted a public hearing and have accomplished the tourism master plan. She further revealed the planned construction of a view deck at the Tongatoc cliff that allows a great view of Tangub Bay in Barangay Naasag, a favorite site of diving enthusiasts. “It is more known internationally; this spot often serves as the initial dive site for novice divers, mostly Europeans,” she said. Tangub Bay is also best known for snorkeling, boating, swimming and sailing. Other interesting tourist attractions of Camiguin, Mambajao include the old San Nicolas de Tolentino Church, Plaza Union, Katibawasan Falls, White Island, Saay Spring, Tangub Hot Spring, and Ardent Hibokhibok hot spring.
BusinessWeek
MINDANAO
Companies
Sun Cellular prepaid loads now available with Cebuana Lhuillier Sun Cellular has made available its selection of Sun prepaid loads to all Cebuana Lhuillier Pawnshop branches nationwide. “With the continuous rise of our subscriber base all over the country, we have to do what we can to improve the availability of our prepaid loads. This is also in line with the massive network expansion that the company is focusing on right now,” says Michele P. Curran, Vice President for Sun Business Marketing. After the company’s acquisition by the PLDT Group, Sun Cellular has begun further intensifying its network coverage. “This partnership with Cebuana Lhuillier fits the bill perfectly. The amount of Cebuana Lhuillier
branches nationwide gives our prepaid subscribers the freedom to go any where in the country without ever compromising their connectivity requirements,” adds Curran. Cebuana Lhuillier has over 1500 branches all over the Philippines, and is now among the hundreds of thousands of Sun Cellular product retailers. For more information on this and other business solutions, log on to Sun Business’ dedicated website, http:// sunbusiness.com.ph/. You can also check for updates by logging on to Sun Cellular’s official Facebook page: facebook.com/suncellularph or on Twitter: twitter.com/suncelltweets. Sun Cellular is a member of the PLDT Group.
July 13-15, 2012
3
4
Companies
July 13-15, 2012
Globe Telecom says 30% of network upgraded GL OBE T E L EC OM , Inc. has accomplished roughly a third of its $790-million planned network upgrade, the company said in a statement. “Within a span of four months since its announcement in January this year, Globe has modernized at least 30% of it s ne t work equipment located in various cell sites nationwide,” the company said. The company is also fast-tracking the project to make sure that the company will complete the modernization next year. “Our goal is to have seamless change-outs of t he net work w it h as minimal impact on customer experience as possible,” Robert Tan, chief technical adviser of Globe Telecom said in the statement. “The improvements in our service quality will be felt by our customers in an increasing number of areas across the country as the network upgrade pro g re s s e s t ow a rd s completion.” Customers in South Luzon, the Davao Gulf provinces, and Compostela Valley are now reportedly experiencing quicker call connections, rare dropped calls, and faster access to “unli” offers. Ernest L . Cu, t he company’s president, had said the plan was
to complete 75% of the moderniz at ion program this year. He added that the network modernization itself was expected to be f inished in 18 months from its rollout in t he f irst quar ter, but the second phase, which involves the IT upgrade of the network would take as much as three years. The company, meanwhile, claimed that the network modernization of Globe Telecom will also significantly enhance its 3G footprint in more towns and municipalities, translating to more stable 3G signal for customers as well-improved mobile browsing experience. “Globe Telecom is rolling out over 10,000 kilometers of fiber optic cable, which will significantly increase capacity, resiliency and better traffic management to accommodate and protect more voice, SMS, and data traffic,” the company said. The firm in February tapped the service of Huawei Technologies Philippines, Inc. and Alcatel-Lucent for the network modernization program. Globe Telecom’s core net income fell by 7% to P2.74 billion in the first quarter from P2.96 billion in the same period last year on the back of higher “marketing and brand-building” expenses.
IT looks like the ‘house that fried chicken built’ is set to open more “homes” outside the Philippines, particularly in the Middle East. Marc H. San Juan, international marketing manager, and Edgar Allan Caper, corporate marketing manager, revealed that a partnership with Dubai-based Landmark Group owned by Indian billionaire businessman Micky Jagtiani, is expected to open more doors for the foodservice company to set up shop in that part of the world. Landmark is a retail stores group, with over 600 stores in the Gulf, India, Pakistan, China and Spain. Two Max’s outlets have opened in Dubai and one in Abu Dhabi is scheduled to start operations in August. The restaurants can seat between 150 and 200 customers with function rooms for events. When one of the Dubai outlets was opened, homesick Pinoys lined up and weathered the 40-degree Centigrade weather just to get a chance to eat Max’s crispy fried chicken. “We had a waiting list of over 100-plus,” said the company executive. San Juan pointed out that the company wants to be the showcase for Filipino cuisine abroad. “Although the bulk of our customers are overseas-based Pinoys,” San Juan said, “more and more foreign nationalities are getting to know and enjoy Max’s offerings.” The same well-known Filipino favorites are on offer, including lumpiang ubod, lumpiang shanghai, sinigang and pancit canton, although the restaurant try to
incorporate specific customs and in the region. “We offer lamb adobo and sweet and spicy chicken in our Dubai restaurants,” said San Juan. But the best-selling product remains Max’s fried chicken. “When we asked locals and foreign guests why they are dining in our restaurant, they keep telling us that they liked how we cooked the fried chicken, without any breading or extra flavoring,” he added. Although the chefs in the Dubai outlets are Indians, the staffers are all Filipinos. Max’s also has eight outlets in the US and two in Canada. San Juan said the company is also looking at Europe to set up new stores. “We continue to consider markets where there are large Filipino communities. We continue looking for new franchise opportunities in these areas.” Here in the Philippines, t he company is a lready 50-percent complete with its renovation program for all 130 branches which it started in 2008. Max’s has employed renowned Budji Layug + Royal Pineda design architects to update the restaurant interiors. “We want Max’s to be a fast casual dining venue with cool interiors,” said Caper. The company is targeting to open at least 10 new stores in the Philippines every year, with focus on emerging areas outside Metro Manila like in Mindanao and northern Luzon.
RRepublic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City 2012-272 NOTICE OF EXTRA-JUDICIAL SALE File No. 2012-151
Upon Extra-Judicial petition for sale under Act 3135 as amended filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), mortgagee, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against EMMANUEL C. DAÑAR, mortgagor, with address at 5951 Fermina Street, Makati, Metro Manila/Lot 42 & 43, Block 2, Villa Candida Subdivision, Bulua National Hi-way, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of May 31, 2012 amounted to EIGHT HUNDRED NINETY THREE THOUSAND FOUR PESOS & 53/100 (P 893,004.53) exclusive of interest, penalty charges, attorneys fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on July 30, 2012, at 9:00 o’clock in the morning or soon thereafter at the Regional Trial Court, Branch 25, Arch. Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described properties, to wit; TRANSFER CERTIFICATE OF TITLE NO. T-69420 “A PARCEL OF LAND (Lot 43 Block 2, Psd-10-015484, being a portion of Lot 6221-C, Psd-10-012775) situated in the Barrio of Bulua, City of Cagayan Oro, Island of Mindanao. Containing an area of THIRTY NINE (39) square meters, more or less, and all other improvements existing thereon, registered in the name of EMMANUEL CUETO DAÑAR.” TRANSFER CERTIFICATE OF TITLE NO. T-69421 “A PARCEL OF LAND (Lot 42, Block 2, Psd-10-015484, being a portion of Lot 6221-C, Psd-10-012775) situated in the Barrio of Bulua, City of Cagayan De Oro, Island of Mindanao. Containing an area of THIRTY NINE (39) square meters, more or less, and all other improvements existing thereon, registered in the name of EMMANUEL CUETO DAÑAR.” All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day with out further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title of the herein described properties and encumbrances thereon, if any there be. Cagayan de Oro City, June 19, 2012.
Upon extra-judicial petition for sale under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), Mortgagee, against, AURORA E. ILAGAN married to MIRULO A. ILAGAN, Mortgagors, with postal address at Blk 5, Lot 27, Villa Trinitas Subd, Bugo, Cagayan de Oro City, to satisfy the mortgage indebtedness of FOUR HUNDRED SIXTY THOUSAND SEVEN HUNDRED SIXTY PESOS & 44/100 (Php 460,760.44) as of April 15, 2012, plus expenses of foreclosure, the undersigned Sheriff will sell at public auction on July 20, 2012 at 9:00 a.m to 4:00 p.m at the Regional Trial Court, Branch 18, Room 117, Hall of Justice, Hayes St., Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following properties described below including all existing improvements found thereon, to wit;
BWM: JUNE 29, JULY 6, & 13, 2012
LOVE M. VERDADERO Sheriff IV
MINDANAO
Max’s expands overseas operations in Middle East
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 25 Cagayan de Oro City 2012-286 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE EJF File No. 2012-156
FOR THE EX-OFFICIO SHERIFF
BusinessWeek
TCT No. T-65980 A PARCEL OF LAND (Lot 27, Block 5, Psd-10-015600, being a portion of Lot 1-D-2-E-10 (LRC) Psd-96906) situated in the Barrio of Bugo, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED TWENTY SIX (126) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein above- described and encumbrance thereon, if any there be Cagayan de Oro City, June 14, 2012. FOR THE EX-OFFICIO PROVINCIAL SHERIFF NIZA P. TACANDONG RTC Sheriff IV BWM: JUNE 29, JULY 6, & 13, 2012
Max’s outlet in Dubai
At present, the group has a commissary in Parañaque and in Dau, Pampanga, “but we may have to put up a new one to address increasing demand, particularly when new restaurants come online,” said Caper. The company also continues to be on the lookout for new brands to acquire in an effort to further expand its portfolio. Included in the Max’s Group are Philippine licenses for Krispy Kreme and Jamba Juice. The Corner Bakery business—which used to be known as Bakeshop by Max’s—will also be relaunched next week. “We want to push this unit as a standalone brand and not just a bunch of sweet products occupying a corner of the restaurant,” said Caper. Popular offerings are the caramel bars, cake rolls, ensaymada, cakes, mamon and cupcakes. “We want to emphasize the fact that our
Corner Bakery products are high-quality yet reasonably priced pastries and sweet offerings,” said Caper. On the drawing board are new products and possibly Corner Bakery cafés. In its 65th year, Max’s launched the very popular “chicken-all you-can” for P165 and then brought it back the next year, due to very high public demand. “Th is has pushed other food outlets to offer similar promotions, such as steak-all-you-can and crispy pata-all you can. Max’s will not offer the same promotion this year, but the company executives said they are cooking up new gimmicks for their clients,” said Caper. Two years from now, the company will celebrate its 70th year in the business. “We’re very excited about it,” noted San Juan, adding that the company this early is lining up various promotions for that milestone year.
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental NOTICE OF SALE ON EXECUTION OF REAL PROPERTY WHEREAS, by virtue of an Order of Execution issued by the Hon. Dennis Z. Alcantar, Judge of the RTC, Branch 44 Initao, Misamis Oriental on August 19, 2008, in Civil Case No. 2001-261 wherein, Joel T. Ngo as herein represented by: Vinson T. Ngo is the plaintiff and Sps. Roger Pacamalan and Mansueta Pacamalan is the defendant for foreclosure of Mortgage for the recovery of the sum of P1,460,636.00, with interests and costs, etc., Levy was made by Sheriff Norberto F. Labis on 5-9-12 thru the Register of Deeds of Misamis Oriental, on the rights, interests, and participation of said defendant/s Sps. Roger Pacamalan and Mansueta Pacamalan in the real property more particularly described as follows: TCT NO. T-10507 “A parcel of Land (Lot 1-F-14 of the subdivision plan, (LRC) Psd 13253, being a portion of Lot 1-F, (LRC) Psd73744, LRC (GLRC) Record No. 3958), situated in the Poblacion, Municipality of Manticao, Province of Misamis Oriental, Island of Mindanao, containing an area of TWO HUNDRED SIXTY SIX (266) SQUARE METERS, more or less. NOW, THEREFORE, by virtue of said Order of Execution and in accordance with Rule 39, Section 19, of the Rules of Court, Sheriff Norberto F. Labis will sell at public auction to the highest bidder, for CASH and in Philippine Currency __16 AUG. 2012__ at 10:00 o’clock A.M. or soon thereafter at the entrance of the Office of RTC Branch 44, Initao, Misamis Oriental) the rights, interests and participation of defendant Sps. Roger Pacamalan and Mansueta Pacamalan, in the above-described real property in order to satisfy said Order of Execution, together with interests, costs, sheriff’s fees and expenses of sale. Initao, Misamis Oriental May 9, 2012. NORBERTO F. LABIS Sheriff IV BWM: JUNE 29, JULY 6, & 13, 2012
BusinessWeek
MINDANAO
PLDT to sell PhilWeb shares PHILIPPINE Long Distance Telephone Co. (PLDT) has moved to divest its stake in virtual gambling operator PhilWeb Corp. as the telco instead seeks to realign its investments into multimedia, including the possible acquisition of GMA Network, Inc. PLDT, through its unit ePLDT Corp. will sell back to PhilWeb around 27% interest or 397 million common shares in the Ongpin-led company, a disclosure to the local bourse on Wednesday showed. The share sale will be executed in four tranches, which will be completed by the end of next year. “The first tranche, which is expected to be transacted this Friday, as well as the second tranche will be at P10.70 per share. The third and fourth tranches will also be at the base price… with an adjustment of 3% per annum,” PLDT said. “The company will be realigning the investments of ePLDT to more coherent [ventures] in the multimedia [platform],” PLDT Spokesperson Ramon S. Isberto said in a telephone interview yesterday. Last May, ePLDT infused P6 billion into Mediaquest Holdings, Inc. “to sustain the growth momentum of TV5 and satellite provider Cignal TV.” Asked if the divestment is part of efforts to bankroll the telco’s impending investment in GMA Network, Inc. Mr. Isberto said: “We will make those investments in even without GMA, we have TV5 and Cignal. “But if the transaction [to buy GMA] prospers, [this] will give us more resources,” he added.
Companies
July 13-15, 2012
5
AirAsia eyeing flights to China PHILIPPINES’ Air Asia, Inc. is eyeing flights to China soon. This comes after the no-frills budget airline is set to fly to Hong Kong and Macau on July 19. “Next are some points in China,” said Philippines’ Air Asia chief executive Marianne Hontiveros in an interview. “Eventually, we would like to go to Japan and South Korea. We need to be designated to South Korea first so we filed for one before the CAB [Civil Aeronautics Board]. We have enough
frequencies for Thailand and Malaysia so I think we need to work on adding more frequencies to Hong Kong and hopefully f ly to China, Japan, South Korea soon,” Hontiveros added. Unless the suspension on travel tours imposed by Chinese travel agencies to the Philippines, Hontiveros said Air Asia cannot proceed
with finalizing f lights to China. “It really depends on the suspension. We can’t do anything yet except to plan for the meantime,” added Hontiveros. Air Asia hopes to f ly 600,000 passengers within its first year of operations. “We are hoping to reach 600,000 after years end but it really depends whether we get rights,” she said. It is now celebrating its first 100 days of operations in the Philippines with a spe-
cial low fare promotion to key tourist destinations in
the Philippines and other international destinations.
Phoenix Petroleum issues P500-M convertible notes LISTED Phoenix Petroleum Philippines Inc. announced on Monday it has issued P500 million in convertible corporate notes. In a disclosure with the Philippine Stock Exchange, Phoenix Petroleum said the corporate notes will have a warrant offering amounting to P180 million with BDO Unibank. “The issuance is part of our plan to raise long-term capital, to refinance shortterm debt, and f inance capital expenditures for 2012,” Dennis Uy, president and chief executive, said. BDO Capital is the exclusive underwriter/arranger for the convertible debt with warrants issue. The issuance of convertible corporate notes,
Phoenix Petroleum said, will be submitted for the approval of stockholders at a special stockholders’ meeting on September 6. The company also disclosed that its board of directors has approved the company’s acquisition of 100 percent of Chelsea Shipping Corp. via Sharefor-Share swap to ensure control of product supply and minimize and eliminate potential risk of supply disruptions due to scarcity of tanker vessels. Phoenix Petroleum said its acquisition of Chelsea will also be submitted for the approval of stockholders at the special stockholders’ meeting on September 6. Uy said the strategic
acquisition of Chelsea Shipping is consistent with the company’s goals of sustaining its competitiveness in the industry and fostering the long term success of the company. The purchase price to acquire Chelsea is based on a 30-day Volume Weight Average Price (V WAP) from May 24 to July 5, 2012 or at P8.2931 per share. Phoenix Petroleum revealed that payment mode will be 90-percent share swap and 10-percent cash to cover for payment of taxes. Phoenix Petroleum said the purchase price was negotiated using as basis an Independent fairness opinion assessment submitted by Penta Capital
Investment Corp. The price is based on the midpoint valuation. Phoenix Petroleum said it will issue 171,250,799 common sha res of t he company’s authorized but unissued capital stock for a value of approximately P1.42 billion. Chelsea Shipping Corp. is 100-percent owned by Udenna Management & Resources Corp., an existing stockholder of Phoenix Petroleum. It was incorporated in 2006 and currently has 10 vessels in its f leet, two of which serve the regional trade route Taiwan to Philippines. Chelsea owns the largest Philippine‐registered oil tanker M/T Chelsea Thelma with 9,366 GRT. With
a total f leet size of 19,561 GRT, Chelsea is among the top five major petroleum tanker owners in the country. It serves Phoenix Petroleum, Cebu Pacific Air, PTT Philippines, National Power Corp., Total Bulk Corp., and Batangas Bay Carriers Inc. and Marine Fuels Philippines, Inc. of the Magsaysay Group of Companies. Chelsea also serves the bunkering requirements of US Navy vessels calling at Subic Bay, and transports coconut oil for companies in Cebu. Chelsea Shipping is fully compliant with the International Safety Management System having upgraded from the National Safety Management System.
6
Opinion
July 13-15, 2012
BusinessWeek Your local online business paper
The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Monday and Friday of the week with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2010-5698, TIN No. 946-396-807 – Non VAT. TEL. NOS.: (088)8588447, 74-5380, 0923-432-0687 Website: www.businessweekmindanao.com
E-mail : businessweekmindanao@gmail.com DANTE M. SUDARIA PUBLISHER NELSON CONSTANTINO EDITOR-IN-CHIEF
PINKY CADAVEDO A ò Ùã®Ý®Ä¦ FELIX SANTILLAN L ùÊçã AÙã®Ýã RIZA O. ARES LIEZL A. DELOSO JOE PALABAO RENE MICHAEL BAÑOS
½½ Ä Ã ® Äã
ø çã®ò E ®ãÊÙ JOE DEL PUERTO FELICILDA UÙ® ½ C. Q箽®Ä¦ç®Ä¦ E ®ãÊÙ® ½ CÊÄÝç½ã ÄãÝ ATTY. MARIO T. JUNI ããù. ÙÊ ÙãÊ . Äã ¦Ê ¹Ù. L ¦ ½ CÊçÄÝ ½Ý
M Ù» ã®Ä¦ CÊÄÝç½ã ÄãÝ
NATIONAL MARKETING PARTNERS A VENTURE MKTG CORP. MARLYN PARͳTelefax: (02)485-0570 2512 Opalo St., San Andres Bukid Sta. Ana Manila RURAL PRESS COMM. REP. INC. 3055 Tolentino Cor. Balabac Sts. Pinagkaisahan, Makati City JUN ESCUADRO - 0917-511-1724 44 Lungos, Pulilan, Bulacan RICHARD ALMENANZA-0920-9467267 Suit 701 C Dansalan Condominium Mandaluyong City CEBU THE VOICE FREDDIE PAR - 0932-867-2326 C. Padilla cor. Fatima Sts., Cebu City
Member: -Philippine Press Institute
-Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) -Misamis Oriental - Cagayan de Oro Association of Publishers (MOCAP), Inc.
to shy away and hold our defenses. This is actually a normal phenomenon as we detest rejection and humiliation. A lot of times we succumb to overwhelming fear of being in the limelight and pray that we instantly disappear rather than go through such petrifying experience. As social beings, we are vulnerable to these scenarios and at one time have been exposed to this may it be during our school days or at work. Is there a way, where we can perform before a huge crowd with unbreakable confidence as if we are in our safest place? Well, here are some rubrics that have worked for a certain public speaker in all of his speech contests. They are the 4 Ps; Pray, Play, Plan, and Practice. Pray. It has been said since time immemorial that before entering upon any great or important undertaking we should first invoke the blessings of God. No great speaker can stay great without acknowledging his Creator. Indeed it’s true! Play. This pertains to our thoughts, the more we think about failing in speaking,
MINDANAO
My Way THINK a minute… A little boy was not obeying his mother. So she told him to sit down and stay there until she said he could stand up again. The little boy angrily sat down and said: “I’m sittin’ down, Mom… but inside I’m standing up!” There was a popu la r song made famous by Frank Sinatra, Paul Anka, and Elvis Presley called “My Way.” It’s about a man at the end of his life who’s proud of how he lived, even with all his mistakes, because he says, “I did it my way!” That song was so popular because it says how we all feel: I’m going to live my life my way and be my own boss! I’m not going to let anybody tell me how to live—not even my Maker. Remember John Len-
non of the Beatles? He and his fellow Beatles helped lead the rebellion of the 60’s against many traditional beliefs and lifestyles. They also made popular the use of both marijuana and hard drugs. Many of their followers and fans often boasted that the secret to a happy life was simply to live for today. The problem was they were so high on drugs they never knew what DAY it was! John Lennon was also very proud of being a devout atheist. He did not believe in God. In fact, in 1966 John Lennon said: “Christianity will die out. We, the Beatles, are more popular than Jesus now. I don’t know which will go away first: rock ‘n’ roll or Christianity.” Then Lennon himself was the first to go when he was suddenly shot
THINK A MINUTE and killed on the streets of New York City. You see, our Creator gave us our freedom so we can choose whose way we want to live: His way or our way. But Jesus strongly warned us that our way is definitely the wrong way; because no matter how hard we try we can’t ever be fully satisfied by living our way. What’s worse, Jesus said it will only lead us into hell - a place full of the worst pain and suffering forever. In fact, it’s so terrible that our Maker Himself chose to become a human being just to give His innocent life so He could forgive us all our wrongs and save us from hell. That’s how much He loves us! God the Son came and showed us that living His way is the only way that we
JHAN TIAFAU HURST
can have the satisfying, good life we were created to enjoy. So today, why not finally ask Jesus to forgive you for living your own way. Then ask Him to take full charge of your life, so that for your own sake and happiness, you can start living His way every day of your life. Just think a minute…
Mindanao hoteliers eye emerging middle class FUELED by a steady 5% economic growth in the last six months the probable rise of Mindanao’s middle class and its impact on the property market are prominent with more property and hotel developers shifting their gear to Davao and Cagayan de Oro City with high rise condominium development, hotels and high end subdivisions sprouting to as far as Butuan City and General Santos City. Mall developers Ayala Land and SM Prime lead the pack with new expansion projects with business class hotels expected to be fully operational before the end of 2012. Robinson Land breaks grounds in Butuan City with
Bathroom Confidence TILED room. Cold walls. A sanctuary of unexpressed emotions. Our daily capsule where no inhibitions exist. Yes, our bathroom, the place where most speakers hone their skills. I remembered the days when I used to spend time inside the bathroom. Though it seems like a vibrant dungeon yet, it liberates you in ways beyond imagination. One thing we are most sure of is that, we are definitely alone within its confines. Aside from our daily rituals, we sing, laugh, practice our speech, and do more with freedom and ease. The confidence we generate inside the bathroom transforms us into a fearless being but, as we step outside the real world, we shrink from this f leeting greatness. There was a time when I thought I have perfected my presentation as I delivered my speech eloquently inside the bathroom but as I stood on the stage I became numb and anxious…mortified. Overall, it was a disaster. Why do we perform differently outside our bathroom? Audience effect is the main reason why we tend
BusinessWeek
RUBRICS OF LIFE
ERWIN L. PEPINO the more we dread it and the more likely the negative outcome will manifest. No one can control your thoughts but you alone. As we acknowledge this, let your thoughts play to your advantage by imagining that you are empowered and you rule the stage. Imagine yourself to be a giant before a group of snails, visualize your audience to be little children or just ornaments, think that you have awe-inspiring greatness in any way you can, picture it and believe it. It is through over-estimating PEPINO/PAGE 7
a hotel development and General Santos first quarter of 2012 both projects are and expected to roll out to the public last quarter of 2013. Other home grown property developers in Mindanao have partnered with known urban developers like Vista Land and Fil- Invest from Manila whose projects in the National Capital Region and Southern Luzon were almost a sold out. Traditional Mindanao retail giants like the Gaisano Capital Group, NCC of the Lim’s and KCC of the Teng’s are all expanding and building new branches in the secondary cities. Mindanao with more than 2`1,582,540 population represents 24% of the total 93
Million people in the Philippines. It has more OFWs working in the Middle East and other Muslim countries of the world. Its export from fruits and other agricultural products are finding good market in Japan and the smaller countries in the Pacific basin. Tuna from General Santos are turning an average of $280 million annual exports to Japan and the US. While mining proceeds in the Surigao Provinces and South Cotabato could not be ascertain on its impact to the Mindanao economy due to the lack of efficient monitoring system on the volume of mineral extractions mostly shipped to China and Japan. If there are economic ben-
TRAVERSING THE TOURISM HI-WAY
PED T. QUIAMJOT efits, it could be limited to the 2% mineral tax collected by the local government and the local employment of labor and hauling contracts. These developments could spell growth in the hotel industry. The growing middle QUIAMJOT/PAGE 7
OFWs in NorMin increasing slightly OV E R S E A S m i g r a t i o n movements by Filipinos are described to be mostly economic in nature. In an article titled “Statistics on Filipinos’ International Migration: Issues and Steps Towards Harmonizing the Data,” Opiniano (2007) wrote that “the Philippines is lucky for having a well-placed government structure that facilitates the international movement of people, and that statistics on Filipinos’ international migration is fairly developed.” The article cited that gaps are expected from these, but the basic socio-economic and demographic variables of these international migration statistics are spelled out. The author, however, stressed “that the general context is that international migration is a phenomenon so difficult to track, that relies on multiple sources (both in the Philippines and in host countries), and that is also a fairly new statistical arena to be developed by people in the fields of demography and statistics in the Philippines. “ Addressing the emerging need, the National Statistics
Office conducted the 2011 Survey on Overseas Filipinos (SOF), which aims to derive national estimates on the number of overseas Filipino workers (OFWs), and the amount and mode of remittances, in cash and in kind, received by their families. This survey also provides information about the socio-economic characteristics of the OFWs. The SOF reported the total number of overseas Filipino workers (OFWs) who worked abroad at anytime during the period April to September 2011 which was estimated at 2.2 million. It jumped by 10 percent from the 2 million recorded in the previous year. Out of this number, overseas contract workers or those with existing work contracts comprised 95.3 percent of the total OFWs in 2011. It may be recalled that the term Overseas Filipino Workers or OFWs was officially adopted under the Ramos Administration to give recognition to millions of Filipinos who sacrifice by working in other countries out of a desire to earn better wages. This later on led to a
WHEN STATISTICS SPEAK
SALVADOR A. AVES, Ph.D, DM. new term balikbayanis - “the new breed of heroes who are said to be the source of economic stability and empowerment.” (De Leon,2008) What is the contribution of the OFWs to the Philippine economy? The SOF reported that the total remittance by OFWs during the period April to September 2011 was estimated at 156.3 billion pesos which was said to be higher than the previous years’ remittances posted at P141.2 billion. Such remittances vary: AVES/PAGE 7
BusinessWeek
July 13-15, 2012
MINDANAO
Pepino... from page 6
yourself and under-estimating the challenge that makes us outrageously successful in speaking, think the other way and you’re doomed! Plan. While you continue to play your visual pictures of empowerment, it is now important to activate your compasses. You need to have a direction of your speech…a simple outline. Planned or extemporaneous speeches can be weaved according to different outlines like, Past-Present-Future format, Point-Reason-Example-Point format, or Story-MessageGain format. Planning also is not all about speech structures but also includes how to captivate the audience through incorporating humor, or a compelling story consistent with your speech topic . Your speech should not only be listened to but should be talked about. You should plan for content and impact. Practice. A mirror could be your best friend in checking your performance before show time. Constant repetition of your speech in front of a mirror or otherwise engaging yourself to speak before small groups or set of friends before the big event will boost your confidence as well as desensitize your glossophobic tendencies. Practice will also calm your nerves as you will develop mastery of your piece. Moreover, put more push in your performance by practicing effective strategies in public speaking like using good vocal variety, gestures, eye-contact, pacing, and timing. If you think that your memory can’t seem to sustain any further then use index cards with written speech outline. Glance at it but not for long and push harder! Practice more. I believe that the more exposed you are in speaking
, the more explosive your speech delivery will be on stage. These strategies to overcome fear in public speaking can only be proven effective if we manage to pull ourselves up and try it. Despite the myriad of self-help materials available to improve our confidence in speaking, it is in the actual application of these skills that would definitely make the difference. I suggest we stop getting ready for too long and just do it. Eventually, we will be speaking dauntlessly as if we are inside our daily capsule where no inhibitions exist! For Corporate English Training, IELTS exam preparation, and public speaking workshop please contact Rubrics IELTS ( Innovative English Language Training & Support ). Contact center : 0917-62-IELTS (43587); www.rubrics.com.ph
Aves...
from page 6 some consisted of cash sent home (73.0 %), others were brought home (22.3 %), while the rest was remitted in kind (4.8%). NSO Administrator Carmelita N. Ericta said that other cash remittances were sent through door to door (6.2%), agencies or local offices (4.7%), friends or coworkers (0.5%) or through other means (16.8%). The largest total cash remittances amounting to 82.6 billion pesos were from OFWs working in Asia. She further said that about one in every three (32.7%) OFWs were laborers and unskilled workers. Around 15.5 percent worked as ser vice workers and shop and market sales workers. OFWs who worked as plant and machine operators and assemblers comprised 13.6 percent, trade and related workers, 12.8 percent, and professionals, 10.6 percent.
As indicated in NSO’s report, it appeared that Saudi Arabia continued to be the leading destination of OFWs with 22.6 percent of the total OFWs working in this country during the period April to September 2011. The other countries in Asia which were popular destinations of OFWs were United Arab Emirates (14.6%), Qatar (6.9%), Singapore (6.3%) and Hong Kong (5.3%). The report further shows that “the biggest number of OFWs came from CALABARZON, Central Luzon and NCR with 16.5 percent, 14.3 percent and 12.5 percent, respectively of the total OFWs originating from these regions. Altogether, OFWs from these three regions comprised almost 43.3 percent of the total OFWs. Meanwhile, Caraga registered the smallest percent share of total OFWs at 1.6 percent. Thus, how does Northern Mindanao rate in the number and percentage distribution of overseas Filipino workers by region of origin and place of work abroad? Data show that in 2011 Northern Mindanao posted a 3.5 % of the total OFW originating from this region. It increased slightly from 3.0 % in 2010, which is very far behind compared to 16.5 % of CALABARZON and even from that of Western Visayas (8.5 %). Such figures are similarly situated with the Social Climate report by Mahar Ma nga has (f irst posted 03/2 5/2 011) t h at OF W families are slightly overrepresented in Metro Manila (15.3 percent), the Balance of Luzon (15.3 percent), and the Visayas (14.0 percent). They are under-represented in Mindanao (9.0 percent).” Given this set of data, one can give a number of implications- be it social or
SPL. PROC. NO. 464 FOR: Adoption
SPOUSES HERBERT B. CALUBAN AND JIMMIELYN MAE C. CALUBAN, Petitioners. x--------------------------------------------------- / ORDER Petitioners, husband and wife are Filipino citizens, of legal ages and residents of Mambajao, Camiguin. They seek to adopt the minor, Shanen Cablinda, 12 years old, who was born on September 20, 1999 at Polomolok, South Cotabato. The child to be adopted is the illegitimate child of the wife-petitioner, when she was still single. Petitioners got married on March 5, 2011 before Rev. Fr. Arnulfo Cubero in Davao City and on November 30, 2011, they begot their child, Shelby Sophia Caluban in Cagayan de Oro City. Upon petitioner’s marriage, Shanen was already in their care and custody and the husband-petitioner poured his love and affection to the child as his own. Even if petitioner-husband had already a child with the wife-petitioner, his love and affection to Shanen remains unaffected as he introduced her as his own without reservation. The petitioners possessed all the qualifications and none of the disqualifications to adopt. Petitioners are economically capable to support the child to be adopted and their child or children in the event they shall beget more children, being a medical practitioner. The child to be adopted has no property of her own, real or personal, nor is she expecting to succeed any fortune by inheritance and the child to be adopted has consented to the adoption by virtue of an affidavit on Consent. The child’s well-being is the paramount concern of the petitioners and further pray for the Honorable Court to grant the adoption of Shanen, entitling her of all rights and privileges as their own child and to bear the surname of the husband-petitioner, “Caluban”. Finding the petition sufficient in form and substance, the same is hereby set for hearing in this Court’s Session Hall, at Lakas, Mambajao, Camiguin on August 30, 2012 to start at 8:30 o’clock in the morning. Let copy of the petition and of this Order be furnished the Regional Director of the Department of Social Welfare and Development, Region X, Cagayan de Oro City, for the preparation and confirmation of the Child and Home Study reports and submit the same before the date of hearing as well as to conduct counseling sessions with the natural mother on the matter of adoption of the adoptee and accordingly submit a report therein before the date of hearing; and another copy of the petition and of this Order be furnished the Office of the Solicitor General, the Provincial Prosecutor of Camiguin, the Local Civil Registrar of Polomolok, South Cotabato, the Local Civil Registrar of Mambajao, Camiguin and the biological mother in Mambajao, Camiguin, for any step they may deem best and proper to take in this Petition. Let copy of this Order be published at petitioner’s expense once a week for three successive weeks before the scheduled hearing in any newspaper of general circulation in the Province of Camiguin. Any person or entity opposed to the petition in this case may file written opposition at any reasonable time before the scheduled hearing and personally appear during the hearing to show cause why the petition shall not be granted. SO ORDERED. Done in Mambajao, Camiguin, this 25th day of June 2012.
BWM: JULY 13, 20, & 27, 2012
RUSTICO D. PADERANGA Judge
Quiamjot... from page 6
class can spend on leisure activities and regional travel. With new airports capable of handling bigger aircrafts and good roads currently undertaken by the Department of Public Works and Highways, travel and conventions will rise. Domestic travelers fill up budget accommodation while corporate events sustain the occupancies of business class hotels. Mall development has integrated hotel and shopping as part of its core business with hotel information systems hooked online to the different shops leased by the concessionaires. Promo period and midnight sales are becoming part of the product knowledge of every front liners. Where to shop, dine and buy the latest electronic gadget becomes a Concierge function. These synergies are becoming a factor in bringing the whole family to travel and spend weekend on mall hotels.
Loan... from page 1
Industries and Construction Co. Ltd. - all South Korean firms. The airport will become the main gateway to the cities of Cagayan de Oro and Iligan in northern Mindanao, helping boost the region’s status as a food basket. “This will be a major trading and tourist hub. Its operation would have a multiplier effect in the region, and this would mean more jobs for the people,” Roxas said.-- Darwin G. Amojelar, InterAksyon.com
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 28 Mambajao, Camiguin
Republic of the Philippines REGIONAL TRIAL COURT 10th JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN IN THE MATTER OF THE PETITION FOR ADOPTION OF A MINOR, SHANEN CABLINDA,
economic. However, in the framework of the Global Pinoy (De Leon,2008), it illustrates that the modern Juan de la Cruz has empowered himself to broaden his horizons as he competes with the citizens of the world.
IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRIES IN THE RECORDS OF BIRTH IN THE OFFICES OF THE LOCAL CIVIL REGISTRY OF GUINSILIBAN AND MAHINOG ALL IN THE PROVINCE OF CAMIGUIN,
SPL. PROC. NO. 463
SPOUSES CHARIE A. EXCHAURE and RAQUEL BORROMEO EXCHAURE, Petitioners, -versusTHE LOCAL CIVIL REGISTRAR OF GUINSILIBAN PROVINCE OF CAMIGUIN and THE LOCAL CIVIL REGISTRAR OF MAHINOG, PROVINCE OF CAMIGUIN, Respondents. x-------------------------------------------------------------------------- / ORDER Petitioner’s spouses, both of legal ages, and residents of Benoni, Mahinog, Camiguin thru the Public Attorney’s Office, allege, that their respective birth certificates contained erroneous entries. Petitioner Charie A. Exchaure was born on November 2, 1980 to spouses Carlito W. Exchaure and Lucresia R. Abecia at Cabuan, Guinsiliban, Camiguin whose birth was duly recorded in the Office of the Local Civil Registrar of Guinsiliban, Camiguin but which birth erroneously recorded his Sex as FEMALE when in fact and in truth he is a MALE as shown in the Medical Certificate, issued to him by Ralph Jino Z. Cortes, M,D..of the Camiguin General Hospital, Mambajao, Camiguin. Petitioner Raquel Borromeo-Exchaure was born on July 3, 1972 to spouses Eliseo Borromeo and Florina Honrado at Benoni, Mahinog,Camiguin whose birth was duly recorded in the Office of the Local Civil Registrar of Mahinog, Camiguin but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in the Medical Certificate, issued to him by Questor C. Nudalo, M.D., of the Camiguin General Hospital, Mambajao, Camiguin. In order to correct such erroneous entries this petition is filed. The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on September 20, 2012 to start at 8:30 o’clock in the morning. Let copy of this Order and of the petition and its annexes be sent to each of the following: Office of the Solicitor General; Office of the Local Civil Registrar of Mambajao, Camiguin, Office of the Local Civil Registrar of Guinsiliban, Camiguin, Office of the Local Civil Registrar of Mahinog, Camiguin and the Office of the Provincial Prosecutor of Camiguin. A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three consecutive weeks prior to the date of hearing. ny person or entity whose interest might be adversely affected by the proceedings in this case may file written opposition and personally appear during the hearing and substantiate the same. SO ORDERED. Done in Mambajao, Camiguin, this 22nd day of June 2012. BWM: JULY 13, 20, & 27, 2012
RUSTICO D. PADERANGA Judge
7
Wendy’s plans to expand to Visayas, M’nao areas WENDY’S Philippines said it expects sales for 2012 to breach the P1-billion mark as it increases the number of stores in Metro Manila. Elizabeth Pardo-Orbeta, Wendy’s Philippines chairman, in a press statement, said that the company is looking at opening 10 stores by the end of the year. “We’re looking for more sites where we can open a store. We were in a relatively slow expansion mode while our (international franchise) contract was being negotiated. But we were able to renew it early this year,” said Orbeta in a press briefi ng held in Makati to launch Franchise Asia Philippines 2012. Currently, she disclosed that the company has a total of 33 stores in Greater Manila area. Orbeta said Wendy’s may expand to the Visayas and Mindanao possibly in two
years. The company had to close its store in Cebu mainly due to difficulties it encountered in delivering supplies to the store. Wendy’s is one of the international franchisers featured in Franchise Asia Philippines (FAP) 2012, which will be held on July 25 and 29 at the SMX Convention Center in Manila. FAP is organized by the Philippine Franchise Association (PFA). Orbeta is PFA president. Ma. Alegria “Bing” SibalLimjoco, vice-chairman of PFA and CEO of Francorp. Phils., said the conference is open to everyone who wants to learn more about franchising. Limjoco noted that the conference will be beneficial especially to aspiring entrepreneurs as it would feature sessions on how they can better run their businesses.
DA-10 turns over agri -infra facility projects to Oroquieta OROQUIETA City -- The Department of AgricultureRegional Field Unit (DA-RFU 10) has turned over two key agricultural infrastructure projects worth P2.7 million to the local government unit (LGU) of the city. These projects included the construction of a farmto-market road (FMR) that connects Barangay Lower Rizal to Tuyabang Alto worth P1.5 million and the construction of the agricultural packing center (APC) worth P1.2 million in Barangay Canubay. “With counterpart from the LGU, these projects would answer the need for the city to provide the people with the infrastructure and post
harvest facility for their agricultural products,” Mayor Jose Almonte said during the turn-over ceremony. He also said that ongoing projects, such as providing seeds and planting materials to the barangays, are just few of the component programs of the city. He cited the need of the city to acquire additional and new farm machineries, such as farm tractors, to further boost the agriculture sector. The APC will serve as the food terminal in the city, where fresh fruits and vegetables brought in by traders are weighed, sorted, packed and checked for quality control to make sure that PROJECTS/PAGE 11
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22 2012-236 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2012-165 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against JANE S. VILLALOBOS, single, mortgagor/s, of legal age, Filipino/s with postal address at Block 4 Lot 13 PN Roa Subdivision, Barra, Opol, Misamis Oriental to satisfy the mortgaged indebtedness which was as of April 10, 2012 amounts to THREE HUNDRED TWENTY THOUSAND FIVE HUNDRED FIFTY PESOS AND 80/100 (P320,350.80) Philippine Currency excluding interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on August 20, 2012, at 9:00 o’clock in the morning or soon thereafter at the RTC Branch 22, office, Arch Hayes St., Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property and all improvements thereon to wit; TRANSFER CERTIFICATE OF TITLE NO. T-36706 A PARCEL OF LAND (Lot 13, Block 4, Psd-10-020903, being Portion of Lot 5237, Cad-237, Cagayan Cadastre), situated in the Barrio of Barra, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao. Containing an area of ONE HUNDRED (100) SQUARE METERS more or less. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, July 5, 2012. FOR THE PROVINCIAL EX-OFFICIO SHERIFF:
BWM: JULY 13, 20, & 27, 2012
(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IV
8
July 13-15, 2012
Agri Business
BusinessWeek
MINDANAO
ARMM eyes seaweed R&D center to help boost production ZAMBOANGA City -- A bill that would ensure fair trade practices in the seaweed industry and would pave the way to the establishment of a research and development center for seaweed products is now under way, an official from the Autonomous Region in Muslim Mindanao (ARMM) said. Nurjay M. Sahali, assemblyman representing TawiTawi, said his bill dubbed “An act creating the Autonomous Region in Muslim Mindanao Seaweeds Research and Development Center;” will help boost the region’s seaweed production particularly in his island-province.
“Basically, we want to improve the plight of the ordinary seaweed farmers. The seaweed industry has been running for decades now and we still have a lot of farmers... in the marginalized sector;” Mr. Sahali said. “We want a sustainable seaweed industry and at the same time educated seaweed farmers.” He cited a section in the region’s Organic Act that says: “The regional government shall recognize, promote and protect the rights and welfare of farmers, farm workers, fisherfolk and fish workers, as well as cooperatives and asso-
DAR trains farmers as paralegals for faster CARP implementation THE Department of Agrarian Reform (DAR) trains farmers as paralegals to speed up implementation of the Comprehensive Agrarian Reform Program (CARP). Thirt y-seven farmers in Bukidnon have already completed their training as paralegals, equipped with skills to assist DAR person-
nel in fast-tracking the land acquisition and distribution (LAD) of problematic landholdings in the province. Agrarian Reform Secretary Virgilio delos Reyes said the new farmer-paralegals were the first graduates of the DAR Paralegal Formation Program being implemented DAR/PAGE 11
PANEDOTTE PASTRIES
PANEDOTTE PASTRIES are available at Tagoloan, Misamis Oriental, just in front of the Senior Citizens Center in Tagoloan, Misamis Oriental with Tel Nos. (08822) 740-211, (088) 856-2419; Cell Phone Nos. 0917-706-2247 and 0917706-1516, or visit them at 162 M.H. del Pilar –Velez Sts., Cagayan de Oro City Available at GAISANO SUPERMART and at LUMBIA AIRPORT PRE DEPARTURE AREA
ciations of farmers and fish workers.” Mr. Sahali said that the measure would not only determine the moisture content of the seaweed particularly agar-agar but also the viscosity and gel strength as well as other components of seaweed products. Felimon G. Romero, cochairman of the Provincial Seaweed Industry Council in Tawi-Tawi, welcomed Mr. Sahali’s proposed measure. “The bill does not only focus on research and technology but also looks at the marketing aspect of the industry;” he said. Mr. Romero said the bill will produce mechanisms
that would protect the farmers from market fluctuation. “It is still a buyers’ market, which is why we have to provide safeguards to farmers;” he said. Mr. Sahali said that once passed, the seaweed research center to be created would include an advisory board from the region’s Department of Agriculture, Bureau of Fisheries and Aquatic Resources (BFAR), Department of Trade and Industry, Department of Science and Technology, Regional Board of Invest ment, industr y leaders and other key players. Mr. Romero said the pro-
posed seaweed laboratory will help improve the quality of seaweed materials in the region. “The quality of seaweed production in the province has declined due to the use of cutting method in seedling process. It is an asexual way of seedling and farmers have been using this method for years. We need new developments, new breakthroughs;” he said. Earlier this year, Agriculture Secretary Proceso J. Alcala said it plans to allocate up to P200 million for planting materials, and for chopping and drying equipment to support the
seaweed industry. The BFAR said ARMM’s seaweed industry contributes 70% to Mindanao’s output and makes up 23% of the country’s production. The country produces an estimated 1.5 million metric tons annually and contributes about $200 million to merchandise export sales each year. The autonomous Muslim region has 2, 023 hectares of seaweed farms, spread throughout the provinces of Maguindanao, Basilan, Sulu and Tawi-Tawi and 20, 071 hectares more available for expansion, ARMM data showed.
More agricultural engineers needed to help farmers in Mindanao region DAVAO City -- More agricultural engineers are needed to provide technical support to Mindanao farmers in developing their farms, according to the Philippine Center for Postharvest Development and Mechanization (PhilMec). Rodolfo P. Estigoy, chief of the Applied Communication Division of PhilMec, said
Mindanao’s promise as a food basket can be fast tracked if the island can increase its harvest and mechanize farming systems. “The agricultural engineers all over the country are a critical mass of people that plays a significant role in post harvest mechanization,” he said. Estigoy said agricultural
engineers have been devolved to the local government units so they can easily provide technical assistance and postharvest trainings to farmers even in the far-flung areas of Mindanao. The country has more than a hundred agricultural engineers with 50 of them based in Manila, 30 in Mindanao and 30 in the
Visayas. “Mindanao has the largest area planted to corn but only the shelling and land preparation process is mechanized,” he said. Estigoy said the agriculture engineers play a great role in encouraging farmers to mechanize most of the process involved in corn FARMERS/PAGE 11
BusinessWeek MINDANAO
Misor.Today
July 13-15, 2012
9
Del Monte Phils qualifies for DOLE’s Kapatiran program By APIPA P. BAGUMBARAN, Contributor
DEL Monte Philippines, Inc. (DMPI) has been identified as a potential contender for the Kapatiran program of the Department of Labor and Employment (DOLE) Western Misamis Oriental. This, however, will depend on the acceptance of nomination by DOLE management. “Kapatiran” is a concept of brotherhood attentive to the needs of every individual in the organization. Grounded on a similar idea, a large
company enrolled under the Kapatiran Program is referred to as the “big brother” that will look after the work improvement and labor standards and OSH compliance of the small enterprises, and as contractor and subcon-
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: Petition for correction/cancellation SPL. PROC. NO. 267-07-2012 of entry in the Certificate of Live Birth of JOHN MICHAEL ABE MATA under the entry of Mother’s first name and middle name from MENCHIE ANCIS to MENCHI ANCHES and correction/cancellation of entry of Date and Place of marriage of parents from June 27, 1994 Tubod, Lanao del Norte to Not Married. Correction/Cancellation of Entry Likewise for correction of entry in the Certificate of Live Birth of JEAN MICHELLE ABE MATA under the entry of Mother’s first name and the middle name from MENCHIE ANCIS to MENCHI ANCES and correction of entry of Date and Place of of Marriage of Parents from June 28, 1994 Tubod, Lanao del Norte to Not Married. JERRY L. MATA,
tractors, under their supply chain, including retailers/ small enterprises. As a big brother, DMPI is expected to be compliant with all labor standards, including occupational health and safety, according to Rodrigo A. Deloso, officer-in-charge of DOLE-Misamis Oriental West.
LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE. Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER A verified petition for correction/cancellation of entry in the Certificates of Live Birth of JOHN MICHAEL ABE MATA and JEAN MICHELLE ABE MATA was filed before this Court on July 02, 2012 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent to effect the corrections sought for. Petitioner alleges that he is of legal age, single, and resident of Poblacion, Tubod, Lanao del Norte. Respondent is sued in his capacity as such. Petitioner is the father of JOHN MICHAELL ABE MATA born on January 11, 1995 and JEAN MICHELLE ABE MATA born on August 2, 1996, whose facts of birth were duly registered at the Respondent’s office. However, the Certificates of Live Birth of his children contain erroneous entries as to the FIRST NAME and MIDDLE NAME of their mother was misspelled as MENCHIE ANCIS instead of MENCHI ANCES. Likewise, in the same birth certificate the DATE AND PLACE OF MARRIAGE OF PARENTS should have been indicated – NOT MARRIED – in view of the fact that PETITIONER was never legally married to the mother of his children MENCHI ANCES ABE. That the mother of his children died on October 9, 2011. During the lifetime of MENCHI ANCES ABE, she acknowledged the fact that she and petitioner were not legally married as can be shown in the Certificate of Live Birth of their third child JULLIANE MAE ABE MATA born on June 23, 2009, indicated in Item No. 18 –“ Date and Place of Marriage of Parents” - Not Married and Petitioner signed the Affidavit of Acknowledgement/Admission of Paternity on the second page. Petitioner is of good moral character and has never been convicted of any crime especially those involving moral turpitude. The Petition is filed in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same. He is also desirous of correcting entries so as to avoid confusion and future inconvenience. Set the initial hearing of this case to August 31 , 2012 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of the Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod , Lanao del Norte, Office of the Local Civil Registrar of Baroy, Lanao del Norte, Atty. Dorothea S. Basalo, petitioner’s counsel and to Jerry L. Mata, the petitioner, whose residence is at Poblacion, Tubod , Lanao del Norte. The petitioner is hereby directed to publish copy of this Order to Business Week Mindanao, a newspaper of general circulation for three consecutive weeks, at his expense, to comply with the jurisdictional requirements of the Rule. SO ORDERED. Tubod, Lanao del Norte. July 9, 2012
ALF/fop
ALAN L. FLORES Presiding Judge
By JORIE C. VALCORZA Contributor
CAGAYAN de Oro City -The National Council on Disability (NCDA) appeals for cooperation from the local government units to be more responsive in creating policies that complements national laws on the protection of persons with disabilities (PWDs). NCDA Acting Executive Director, Carmen R. Zubiaga, said that disability has now
evolved from an object of charity acclaimed holder of rights. “We don’t want to be left behind just because we lack of access, we don’t want to be left in the confines of our homes just because our family or the community is not recognizing the right of PWDS to become part of a larger community,” she said. She said they struggled just to get access in almost everything, be it in education, field environment, and even
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: Petition for correction/cancellation SPL. PROC. NO. 268-07-2012 of entry in the Certificate of Live Birth of GENEVIEVE BUCTUAN MATA under the entry of Date and Place of marriage of parents from February 6, 1995 Tubod, Lanao del Norte to Not Married. Correction/Cancellation of Entry Likewise for correction/cancellation of entry in the Certificate of Live Birth of SHERWIN DAVE BOCTUAN MATA under the entry of Date and Place of of Marriage of Parents From February 6, 1995 Tubod, Lanao del Norte to Not Married. RUBEN L. MATA, JR.,
Petitioner.
-versusLOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE. Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER A verified petition for correction/cancellation of entry in the Certificates of Live Birth of GENEVIEVE BUCTUAN MATA and SHERWIN DAVE BOCTUAN MATA was filed before this Court on July 02, 2012 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent to effect the corrections sought for. Petitioner alleges that he is of legal age, single, and resident of Poblacion, Tubod, Lanao del Norte. Respondent is sued in his official capacity as such. Petitioner is the father of GENEVIEVE BUCTUAN MATA born on August 5, 1995 and SHERWIN DAVE BUCTUAN MATA born on December 9, 1996, whose facts of birth were duly registered at the Respondent’s office. However, the Certificates of Live Birth of his children contain erroneous entries as to the DATE AND PLACE OF MARRIAGE OF PARENTS should have been indicated – NOT MARRIED – in view of the fact that PETITIONER was never legally married to the mother of his children ERLINDA LIMOT BUCTUAN. Petitioner is of good moral character and has never been convicted of any crime especially those involving moral turpitude. The Petition is filed in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same. He is also desirous of correcting entries so as to avoid confusion and future inconvenience. Set the initial hearing of this case to August 31, 2012 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of the Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Baroy, Lanao del Norte, Atty. Dorothea S. Basalo, the petitioner’s counsel and to petitioner, Ruben L. Mata, whose residence is at Poblacion, Tubod , Lanao del Norte. The petitioner is hereby directed to publish copy of this Order to Business Week, a newspaper of general circulation for three consecutive weeks, at his expense, to comply with the jurisdictional requirements of the Rule. SO ORDERED. Tubod, Lanao del Norte. July 10, 2012
ALF/fop
Office of the Solicitor General 134 Amorsolo St., Legazpi Village Makati City
Office of the Public Prosecutor Tubod, Lanao del Norte
Local Civil Registrar Baroy, Lanao del Norte
Local Civil Registrar Baroy, Lanao del Norte
Atty. Dorothea S. Basalo Tubod, Lanao del Norte
Atty. Dorothea S. Basalo Poblacion, Tubod, Lanao del Norte
Jerry L. Mata Poblacion, Tubod, Lanao del Norte
Ruben L. Mata Poblacion, Tubod, Lanao del Norte BWM: July 13, 20 & 27, 2012
pliant with labor standards, and has employed several contractors and service providers for its operation. At present, the food factory has three DOLE-accredited safety practitioners implementing the Occupational Safety and Health (OSH) programs to seven long staying contractors.
on getting respect from the community folks. Zubiaga expressed this during the opening of the two-day Non-Handicapping Environment (NHE) Forum yesterday at the Dynasty Court Hotel. The forum is organized by NCDA and the Japan International Cooperation Agency (JICA) to showcase and demonstrate the implementation of the project which is piloted in Opol, Misamis Oriental and New Lucena in Iloilo province. She urged local government units to replicate the NHE project. “The NHE concept aims to create a barrier-free environment for PWDs, especially in the rural communities, to
further enhance their participation in the society,” she said. The forum is opening is joined by JICA Philippine Officer Senior Representative, Sachiko Takeda; Asia-Pacific Development Center on Disability (APCD) Executive Director, Akiie Ninomiya; Misamis Oriental Governor Oscar S. Moreno; Region 10 Social Welfare Director , Atty. Araceli F. Solamillo and Department of Social Welfare and Development Office 6 Regional Director, Dr. Minda B. Brigoli. It is highlighted with the launching of the NHE booklet, which is presented to NCDA, JICA, and APCD officials present.
Abaca...
to the Philippines. We are the only natural producer of it in the entire world. The only other country producing abaca is Ecuador, and it’s not even native there. The specie from Ecuador came from Davao. It was brought there by a Japanese abaca grower who once owned a farm in Davao. If we can improve this industry, think of the big markets that will depend on us,” he said. Macarayan said the country’s major markets are Japan, Europe, India, United States, the Middle East, and Korea. He however, said the biggest emerging market for abaca is China. Cu rrent ly, 85% of t he world produc t ion come s from the Philippines, with region 9 contributing 15% to the total national production. Macarayan, however, is optimistic that the region’s share can increase up to 20% within two years. “Wit h t he help of t he D e p a r t ment of A g r ic u lture on t he expansion of abaca industry, we can easily achieve our target of 20% within the next two years. It’s very achievable,” Macarayan added.
from page 2 not end there. He said the biggest problems of abaca farmers are disease infestation and the lack of harvesting equipments. He said they are implementing measures to prevent the entry of diseases through the use of insecticides. In case the disease has already infected the crops, Macarayan said the only way to stop its spread is to remove all infected plants or poison those with herbicide, killing the plants and the cause of the disease. To counter this exploitation, FIDA launched massive information dissemination among farmers against this practice. Macaraya n a lso said they are now trying their best to provide machines for abaca associations or cooperatives to lessen their burden. Macarayan pointed that t he nat iona l gover n ment is rea l ly push i ng for t he improvement of the abaca industry as the country can monopolize abaca trade all over the globe. “Abaca is endemic only
ALAN L. FLORES Presiding Judge
Office of the Solicitor General 134 Amorsolo St., Legazpi Village Makati City
Office of the Public Prosecutor Tubod, Lanao del Norte
ing stating the objectives and specific targets of the program upon acceptance of the nomination. Criteria for the nomination were relayed to managers of the different divisions of the Bugo cannery in a site conference last June 28. The factory was shortlisted for its long standing record as com-
Council calls for cooperation of LGUs in non-handicapping environment
Petitioner.
-versus-
DMPI is in a position to assist the “small brothers” (contractors and subcontractors) on productivity, and adherence to OSH standards and labor standard laws, he added. To carry out the Kapatiran Program, DOLE-MisOr West and DMPI will ink a memorandum of understand-
BWM: July 13, 20 & 27, 2012
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH AƩy. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a
10
July 13-15, 2012
Congress•Watch
BusinessWeek
MINDANAO
Villar steps up OFW support with livelihood assistance • Seven needy OFWs extended livelihood grants IN line with its 20th year anniversary, the Villar Foundation is extending livelihood grants to seven overseas Filipino workers (OFWs) who sought the help of the foundation through its SagipOFW program. Cynthia Villar, Managing Director of the Villar Foundation, personally met with the seven OFW beneficiaries and handed them the livelihood assistance packages at a simple gathering at Max’s Restaurant at Starmall, Shaw. “Many OFWs who are either repatriated or returned
to country on their own, have a difficult time restarting their lives here. They need help in the form of jobs and livelihood opportunities. The livelihood assistance we extend to them are just enough to get them started, it is up to them to make their small business grow,” Villar said. The seven OFWs who received the livelihood packages are: Simeon A. Cerezo, Shally Mar Cruz, Romielyn Daguplo, Joanalin Pascua, Joselito V. So, Jovita Tallada, and Jose Gerardo Vasquez.
All of whom are former OFWs in the Middle East, except for Tallada who was from Singapore. “We are aware that it is not enough to repatriate distressed OFWs, we need to help them get reintegrated as productive members of the society. Tinutulungan namin sila sa abot ng aming makakayanan, dahil alam namin ang hirap at sakripisyo na kanilang kinakaharap (We try to help them in every way we can because we know the hardships and sacrifices that OFWs are facing),” cites
Villar. Dag uplo a nd Pascua were the two OFWs from the United Arab Emirates (UAE) repatriated by the Villar Foundation last May. Daguplo, who is pregnant, said she does not want to be a burden to her mother who is a househelp in Las Pinas. Pascua needs to support her three children. Both OFWs have set up a small carinderia (eatery) and sari-sari store. Cruz, who was repatriated from Syria in November last year, has just given birth recently and sought assistance
CDO MAG TO SHOWCASE PRIMEMOVERS OF MINDANAO ECONOMY
The BWM Magazine is glossy from cover-to-cover and will come out monthly. It is a special publication which features articles promoting business establishments engaged in every facet of business, pleasure and entertainment. It will also feature prominent personalities in The idea is to create a local-based business, tourism, sports, politics and business magazine, a magazine that will governance. feature businesses and business owners a top quality advertising and marketing medium directly to their intended clients, providing them a stress-free advertising avenue. As BusinessWeek Mindanao celebrates its 3rd anniversary, the inception of the magazine now becomes
The first magazine of its kind will certainly bring in a better view of Cagayan de Oro business and business community as well as promote the region in terms of economic growth and business sensibility.
BWM is a monthly magazine that gives you an avenue to increase your visibility and client-base. Targeting the class A & B Magazine will circulate Mindanao-wide as this is backed by BusinessWeek Mindanao’s distribution bureaus in the island. BWM also maximizes advertisers’ visibility through www.businessweekmindanao.com where an e-mag in PDF file format is downloadable free and readable online by our partners and international readers throughout the world.
to provide for the needs of her newborn child. The other OFW beneficiaries—Tallada, Cerezo, Vasquez and So—due to their advanced age are having difficulty finding employment . Thus, the livelihood packages will be a source of income that will enable them to support their respective families. Villar distributed the grocery packages from Puregold to the seven OFWs who expressed gratitude to the Villar Foundation for the
livelihood support. The Sagip OFW program of the Villar Foundation extends various forms of support and assistance to OFWs: repatriation, medical, livelihood, skills-up training, scholarships among others. In November, it will again stage the OFW & Family Summit, which provides livelihood and business opportunities to OFWs and their families. Over 5,000 attended the summit last year. It is in partnership with GoNegosyo.
Rufus ready for ‘screening’ CAGAYAN de Oro Representative Rufus Rodriguez on Wednesday said that he was ready for the Judicial and Bar Council’s (JBC) screening process, which will determine the country’s next Chief Justice. In a report over Radyo Inquirer 990AM, Rodriguez was quoted as saying that he was privileged to be nominated for a position that “requires a great responsibility.” The report also quoted Rodriguez as saying that he was not bothered by the
fact that the likes of Justice Secretary Leila de Lima and Associate Justice Carpio were his co-nominees. He was also quoted as saying that though he did not mean to boast, he believed that he had proven something with his experiences as a lawyer. Rodriguez was also Bureau of Immigration (BI) chief during the administration of President Joseph Estrada. He was also listed as one of the lawmakers who passed the most bills in the 15th Congress. ---PDI
Lawmaker wants to legalize aliens in PH
a reality – the BWM Magazine.
clients suited for your kind of market. BWM
VILLLAR Foundation Managing Director and Former Las Pinas Congresswoman Cynthia Villar distributed the livelihood assistance package to seven repatriated Overseas Filipino Worker (OFW’s) who ask assistance thru Sagip-OFW program. The seven OFW namely from left are Simeon A. Cerezo, Joselito V.So, Jovita Tallada, Shally Mar Cruz, Romielyn Daguplo, Joanalin Pascua and Jose Gerardo Vasquez .
For inquiries and advertising placements please call the following office numbers 74-53-80, 857-8447 or mobile numbers 0927-337-3917 and 0922-538-4939. Visit us at BusinessWeek Mindanao located at Abellanosa St. Cagayan de Oro City Email us at bwmmagazine@yahoo.com
FOREIGN nationals who entered and stayed in the country illegally will soon be granted legal residence status under a bill amending Commonwealth Act 613 or the Philippine Immigration Act of 1940. Reps. Rufus Rodriguez (2nd District, Cagayan de Oro Cit y) a nd Ma x imo Rodriguez, Jr. (Party-list, Abante Mindanao), authors of HB 3591, said foreigners who have entered the Philippines prior to June 30, 2000 can avail of the bill if enacted into law. Rodriguez said the bill will also address the problem on illegal aliens who are engaged in criminal activities in the country. “The bill will also shield the Philippines from foreign criminal elements using the country’s territory to engage in terrorism, human smuggling and trafficking and other criminal activities,” Rodriguez said. Rodriguez said the bill
promotes international order and justice by denying aliens the use of Philippine territory in promoting terrorist and other criminal activities. “The purpose of this bill is to mandate the immigration agency to run after undesirable aliens, who, because of their nefarious activities in the country, pose a clear and present danger to national security, public safety, public health and national interest,” Rodriguez said. Rodriguez said there is a need to adopt clearer but stricter rules and regulations on immigration to protect the security and safety of the Filipino people without jeopardizing government efforts to attract foreign legitimate investors and tourists. Under the bill, aliens who stayed in the country illegally and who have entered the country prior to June 30, 2000, excluding those who already availed in good faith of the benefits of Executive LAWMAKER/PAGE 11
MINDANAO
BusinessWeek DAR...
from page 8 in six pilot provinces: Bukidnon, Camarines Sur, Quezon, Leyte, Negros Occidental, and North Cotabato. The program aims to train more farmer-paralegals in the communities, especially in the top 20 provinces with the biggest balances in land acquisition and distribution. The participants were given trainings on the CARP implementation and related laws, particularly on the qualifications and selections of agrarian reform beneficiaries, the LAD process as provided in the new DAR issuances, as well as fundamental skills in legal research, interviews, evidence gathering and documentation. Delos Reyes welcomed the new farmer-paralegals who will work with the department in the distribution of at least 987 hectares covering 10 problematic landholdings located in the municipalities of Sumilao, Malaybalay, Maramag, Pangantucan, and Quezon, all in Bukidnon. (PNA)
Farmers... from page 8
production so they can lessen their losses and ultimately increase their yield and profit. The agriculture engineers do not only provide training to farmers but they also coach and mentor the farmers on the various mechanical tools available to make their harvest activities more efficient. Today, he said corn shellers are mobile and are easily accessible in the countryside. These have been introduced in Mindanao a long time ago but its use is affected by cultural,
economic and social factors especially in Mindanao. He explained that corn harvested and processed through the use of shellers are cleaner so has a better sales value. E s t i goy s a id f a r mer s who have attended trainings conducted by agricultural engineers are more open to innovations and the adoption of machines for higher productivity and income. (PNA)
Lawmaker...
from page 10 Executive Order 324 and Republic Act 7919 whose application has been duly approved will be granted legal residence status upon compliance with the provisions of the proposed act. “The bill seeks to define the country’s immigration policy to foreigners who wish to come, thereby legalizing their stay in the Philippines through a process that would be less expensive, more practical, more humanitarian and, in the long run, more mutually beneficial to them and their host country,” Rodriguez said. Rodriguez said the government also stands to benefit in terms of revenues in the form of application fees and other related fees, which, in turn, can be used to support the numerous projects and services of the government. The bill provides that those who seek entry into the country, whether on a permanent or temporary basis, are subject to standards of admission, which do not discriminate in a manner consistent with internationally recognized human rights and freedoms.
Cebu... from page 12
“The airline industry is
July 13-15, 2012 prone to constant threats - be they economic, political or operational – and only those carriers exhibiting strong leadership will be equipped to prosper. The Airline Strategy Awards, which are now in their second decade, have consistently recognized the high achievers in boardroom leadership – a quality shared by all this year’s winners,” said Max Kingsley-Jones, editor of Airline Business. “We are very happy to be recognized as an industry leader. Cebu Pacific’s growth has been possible through our guests’ support throughout the years, and the dedication of the Cebu Pacific team to a shared of vision of providing every Juan the chance to fly,” said Lance Gokongwei, CEB President and CEO. Earlier this year, Cebu Pacific announced that it will be operating long haul flights in the 3rd quarter of 2013, with the addition of Airbus A330 aircraft to its fleet. The aircraft will allow the airline to offer its services to markets within the 11-hour f lying range of the Airbus A330. “Next year, we will further reinforce our commitment to that vision. Cebu Pacific will launch long haul services in the second half of 2013. We look forward to be of service to more travellers, not just in the ASEAN, but possibly in other markets including the Middle East, Australia, Oceania, parts of Europe and the US.” added Gokongwei. CEB currently operates 10 Airbus A319, 20 Airbus A320 and 8 ATR-72 500 aircraft. Its f leet of 38 aircraft – with an average age of 3.6 years – is the largest aircraft f leet in the Philippines. Between 2012 and 2021, Cebu Pacific
will take delivery of 22 more Airbus A320 and 30 Airbus A321neo aircraft orders.
Indian...
from page 1 He said he was told by the investor that in their country, rice bran is processed into oil and is marketed internationally because the demand is huge and also because consumers value the health benefits they get from using the rice bran oil (RBO). Meanwhile, Pasawa said the investors are contemplating to set up the coconut processing plant either in Compostela Valley or in Sta. Cruz, Davao del Sur. The proposed plant he said is about 500 tons but its full capacity is 1,000. Once all documentation and negotiations on the ground are completed, the construction of the plant will proceed within six months, he said.
Confab...
from page 1 “This is a good time for public-private investment. We’re finalizing BOT schemes for upgrading the ports in Nasipit and Masao, and have worked with the DENR, other government agencies and the local private sector to open up upwards of ten thousand hectares of land for development,” Amante said. Regional Director Brielgo Pagaran of the Department of Trade and Industry (DTI) said that in addition to its tourism and mining industries, the Caraga Region around Butuan City has strong competitive advantages in agriculture. “Among the newer agribusinesses, we have a herbal
processing plant for the export market that uses local raw materials, and ventures in sago f lour and nipa sap sugar production, to name just a few,” Pagaran said. A ma nte a nd Paga ra n pointed out that Caraga has significant hydropower potential. One plenary at the MinBizCon will highlight current public-private initiatives in the energy sector in Caraga, with partners from Japan and China. “The Asiga and Taguibo rivers have a 23-megawatt and 8-megawatt capacity, respectively,” said Amante. Another MinBizCon session will focus on improved economic integration within the Association of Southeast Asian Nations, through the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), which includes Mindanao and Palawan. The MinBizCon is also an opportunity different stakeholders to speak on the region’s most pressing economic policy concerns. The highlight of the conference is the presentation of the annual Mindanao Business Policy Agenda to the Office of the President of the Philippines. The formulation of policy recommendations contained in the agenda was initiated through broad-based regional consultations held earlier this year by PCCI in the cities of Zamboanga, Cagayan de Oro and General Santos, in collaboration with MinDA and USAID/GEM. At a series of roundtables held in Manila in early July, Cabinet officials and private sector representatives met to
11
fine-tune these recommendations aimed at improving key business sectors and to draft appropriate government responses. The MinBizCon is expected to draw more than 300 participants, including senior business leaders, members of chambers of commerce, government policymakers, investors and foreign trading partners. Butuan City, which now has five weekly round-trip commercial flights to Manila and three to Cebu, has become known in recent years as a Mindanao convention destination, with accommodations for more than 2,800 guests. Conference participants will be brought on a tour of the city’s main attractions, which include the Butuan National Museum housing ancient Asian artifacts and the Balangay Shrine. They will also have a chance to visit the ongoing archaeological excavation of another centuries-old balangay boat used in Southeast Asian trade routes.
Projects... from page 7
it is safe for consumption before they are distributed to nearby markets, Mayor Almonte added. In attendance during the turn over ceremony were the barangay officials, head of offices, members of the Sangguniang Panlungsod led by Vice Mayor Harry Guantero and Corazon Balabat, DA RFU-10 focal person on food terminal projects, who, together with Mayor Almonte, led the ribbon-cutting during the ceremony.
12
July 13-15, 2012
Billboard
BusinessWeek
MINDANAO
Pueblo de Oro introduces new VP-GM to Sales Force PUEBLO de Oro Development Corp. (PODC) introduced its new Vice President and General Manager to its brokers and agents during a Sales Rally held last July 5, 2012 at Forest View Homes (FVH). Onboard since May 2, 2012, Mr. Eduino L.F. L. Tan has extensive experience in the management of residential communities as well as in the formulation and implementation of sales strategies and programs. He brings to PODC more than a decade of experience encompassing, among others, business development, project management, strategic planning and resource utilization. Mr. Tan earned his Master of Business Management degree from the Asian Institute of Management and obtained his Bachelor of Arts
Tan
PODC agents claim their prizes for the games played during the Sales Rally.
in Economics major in Quantitative Economics, magna cum laude, from the University of Asia and the Pacific. He is also the 9th placer in the 2011 Real Estate Broker Licensure Examination given by the Professional Regulation Commission. Mr. Tan will be handling the overall management of PODC in CDO, and looks forward to building on the partnership PODC has with its brokers and agents. “Without you, we would not have the stature we have in CDO,” he said. For his part, outgoing GM Rodolfo L. Meñes stated, “I am leaving the
Township in very capable hands. As in a relay race, I am passing the baton to Mr. Tan.” Mr. Meñes will continue to serve PODC in his capacity as Senior Vice President for Mindanao until his retirement at the end of the year. The Sales Rally was also the occasion for PODC to unveil the newly-constructed Twin Homes model unit to the brokers and agents. The two-bedroom 65-sq.m. duplex is one of the new house models for FVH introduced by PODC. For more information on FVH, please contact Pueblo de Oro Sales at 858-8976.
Make your own rules with Globe PowerSurf DID you know that you can actually make your own rules and be in full control of your mobile browsing minus the fear of excessive charges? With Globe PowerSurf and its new Megabytes (MB)-based data plans, you definitely can. Recall that an MB is a unit used to measure the size of internet-related activities, which includes mobile surfing. Every internet-related activity requires data, and the MB of each depends on the richness of the activity. Text e-mails, Facebook likes and Twitter posts use less MB than song and photo downloads like sharing photos on Instragram and video streaming like watching videos on YouTube. By knowing how much of these activities you can do with 1MB, you’ll have an idea of the things you can do with Globe PowerSurf MB. So what exactly can you do with 1MB? A lot! Mad about Facebook? 1MB is already 100 likes, 29 posts or 14 page views. Can’t live without Twitter? 1MB lets you enjoy 33 tweets or 25 page views. E-mail junkie? Send 50 text e-mails with your 1MB. A surfing addict? Use your 1MB in viewing 2 webpages or doing 25 Google searches.
If you can do all those with just 1MB, what more with a Globe PowerSurf MB plan? Wit h Globe PowerSur f MB plans, you can stay connected on the World Wide Web via your trusty smartphone at a much longer time but at a more affordable price since charging is based on actual data consumption only. They are also best suited for users who want to keep their apps updated and constantly receive notifications, since these updates and feeds usually consume very minimal data, allowing you to be on over long periods of time without having to worry about billshock. The flexibility of Globe PowerSurf MB plans lets you control how much of it you need, where to use it, and how long it will last. This gives you the power to stay online on your mobile phone longer. Once you fully understand how MBs work, you can compute the number of MBs that fit your mobile internet lifestyle, letting you choose the Globe PowerSurf MB plan best for you and your budget! Prepaid subscribers on a budget can choose the following affordable PowerSurf plans: 20MB for P15 valid
for 1 day, 50MB for P30 also valid for 1 day, and 100MB for P50 valid for 3 days. Prepaid and Postpaid subscribers looking for plans with higher MB allocation and longer validity can avail of the following 30-day PowerSurf MB variants: 50MB for only P99, 300 MB for only P299, and 1GB (1024MB) for only P499. “We understand that mobile browsing users have different needs so we’re excited to let our subscribers know that they are empowered to choose which PowerSurf MB plan suits them best. Globe PowerSurf MB plans gives subscribers control over their mobile internet usage, control over the things they love to do on the mobile phone, control over how long they want to be online, and control over their budget. We created PowerSurf MB plans because everyone deserves to make the rules based on their mobile internet lifestyle, a worry-free guarantee only from Globe Mobile Internet,” said Jenny Granada-Echevarria, Head of Globe Mobile Data Services.
Cebu Pacific’s CEO Gokongwei captures global low-cost airline leadership award CEBU Pacific (PSE:CEB) Chief Executive Officer and President Lance Gokongwei was recognized at the annual Airline Strategy Awards 2012, held in London last Sunday, “for leading Cebu Pacific to become the largest and most profitable domestic carrier in the Philippines… while
positioning it for future international leadership.” The Airline Strategy awards, hosted by Flightglobal publication, Airline Business, started in 2002. The event recognizes the airline industry’s best in leadership, marketing, and innovation. Gokongwei
was nominated among other low cost carrier leaders worldwide. Previous Airline Strategy awardees in the Low Cost Leadership category include Ryanair’s CEO Michael O’Leary, Jetstar’s Alan Joyce, and Air Asia’s Tony Fernandes. CEBU/PAGE 11