JUNE 1,2012 BUSINESSWEEK MINDANAO

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www.businessweekmindanao.com Issue No. 77, Volume III • June 1-3, 2012

Market Indicators

AS OF 5:55 P.M., MAY 31, 2012 (Thursday)

FOREX

PHISIX

US$1 = P43.63

5,091.23 points

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72.91 points

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Briefly Research needs

DAVAO City -- A consortium of local academicians and scholars is urged to take on the role of a think tank that will help steer Mindanao’s journey to holistic development.

Sixteen members of the Mindanao Studies Consortium Foundation Inc. (MSCFI) were exhorted by the Mindanao Development Authority (MinDA) to venture out of their institutions and build their mark in research and policy studies in the region.

“Issues in Mindanao are integrated and call for integrated solutions that require lenses from different skills and expertise. Being an institution of thinkers, planners, experts, and social architects, MSCFI can take the lead,” MinDA Executive Director Janet Lopoz said in a message delivered for MinDA chair Sec. Luwalhati Antonino.

Team effort for bananas

DAVAO City -- The Department of Agriculture, the Department of Trade and Industry alongside the Department of Foreign Affairs are joining hands to create a package of presentation for banana growers affected by China’s imposition of strict quarantine requirements.

Describing the linkage as a Filipino team effort, DA Assistant Secretary Salvador Salacup who was recently in Davao City for the 25th anniversary of the Regional Agriculture and Fishery Council said that this package of presentation will be shown to President Benigno Aquino III. The three departments would work on developing new markets, monitoring good agricultural practices and upgrading of export facilities.

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Gas facility, power plant to boost Misor economy

By MIKE BAÑOS, Correspondent

T

HE construction of a liquefied natural gas (LNG) facility and power plant at the Phividec Industrial Estate in Misamis Oriental is expected to provide a competitive edge not only to the province, but the entire region in general, Misamis Oriental Gov. Oscar Moreno said.

“These twin initiatives will certainly push Misamis Oriental/Cagayan de Oro/Northern Mindanao to some competitive edge level, aside of course, from giving Mindanao the muchneeded relief,” said Moreno.

The Department of Energy is eyeing Phividec as the site for the proposed facility. The 3,000-hectare estate covers portions of the towns of Tagoloan and Villanueva in Misamis Oriental.

Energy Undersecretary Jose M. Layug, Jr. said initial findings of a World Bank study indicate a potential for natural gas utilization in Mindanao GAS/PAGE 7

NGCP makes Oro station as M’danao control hub THE National Grid Corp. of the Philippines (NGCP), the country’s sole power lines concessionaire, has announced it recently launched its P147-million Mindanao control center.

The NGCP said in a statement it constructed the new building located in Carmen, Cagayan de Oro City, from Oct. 26, 2010 to April 19, 2012.

It added the new Mindanao control center houses state-ofthe-art Scada/EMS systems and NGCP/PAGE 7

SCRAPYARD. A worker carries steel bars which were just sold at low prices in a scrapyard along JC Aquino in Butuan City. Wise buyers prefer to buy undersized steel products, declared as scrap that fetch a price per kilo and not per unit length because they could save up to 30%.

PHOTO BY JUN AYENSA

BusinessWeek Mindanao, Mindanao Daily News honor awardees

By IRENE DOMINGO

CAGAYAN DE ORO CITY - The 2012 Mindanao Business Leaders and Entrepreneurs Awards culminates with a fitting ceremony June 2, at the Pryce Plaza Hotel this city.

A total of 21 awardees will be honoured for their outstanding stature and accomplishments in various business endeavours. The

Most Outstanding Mindanao Business Leaders are (for corporate category) LAPANDAY FOODS CORPORATION in Agri-Business; ONE NETWORK BANK in Banking & Finance; DAKAK PARK BEACH RESORT and PEARL FARM RESORT in Hotel/Resorts & Tourism Development; PUEBLO DE ORO DEV’T CORP. in Housing & Realty Development; AMLEY FOOD CORP., in Health Food

Manufacturing; For individual category: MT. KITANGLAD AGRI-VENTURES INC. (MKAVI) in Agri-Business; D’ ASIAN HILLS BANK in Banking & Finance; DUKA BAY RESORT and EDEN NATURE’S PARK in Hotel/Resorts & Tourism Development.

The LIMKETKAI GROUP OF COMPANIES is outstanding AWARDEES/PAGE 7

Proposed Davao int’l cargo terminal to open next year

By CARMELITO Q. FRANCISCO Correspondent Beside U.C.C.P., C.M. Recto Ave., Nat’l Highway, Cag. de Oro City

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PANABO City -- The P2.7billion Davao International Container Terminal currently being constructed here, about 40 kilometers from Davao City’s downtown, is expected to open in the middle of

next year.

The container terminal, to be run by San Vicente Terminal and Brokerage Services Inc., will be among the most modern facilities in the country and will provide Mindanao a “competitive infrastructure” for easy cargo movement, said Anthony

Alexander N. Valoria, president of Anf lo Investment and Management Corp., San Vicente Terminal’s parent company.

Du r i ng t he projec t ’s groundbreaking ceremony held last Friday, Mr. Valoria said the project will have two phases.

The first phase is expected to be finished by the first quarter of 2013 and the second phase, after one year.

“This (project) is important since this will help make the Davao region and Mindanao globally competitive,” he said.

TERMINAL/PAGE 11

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June 1-3, 2012

Economy

BusinessWeek

MINDANAO

DOE to hold Mindanao LPG Summit in GenSan DAVAO City -- The Department of Energy is set to convene various stakeholders in the Mindanao liquified gas petroleum (LPG) Summit slated on June 5 in General Santos City that aims to tackle issues and concerns currently confronting the LPG sector.

DOE Director Manuel M. Llaneza said the summit will particularly discuss the issue regarding the proliferation of refilling/selling of LPG using Butane canisters as containers.

Another concern to talk about is the unauthorized refilling of LPG cylinders

at Auto-LPG dispensing stations, Llaneza bared.

The participants to the summit are expected to come up with a common stance to deter the proliferation of these illegal/unsafe practices to ensure the safety and welfare of the consuming public, he said.

The officials and representatives from the government agencies to include DOE, Department of Trade and Industry, Bureau of Product Standards (BPS), Bureau of Fire Protection (BFP) and the Local Government Units (LGUs) of Mindanao, will be gathered in the morning session of the summit.

The afternoon session will be joined by invited representatives from the business sector to comprise of LPG cylinder manufacturers, LPG bulk suppliers, LPG refi lling

plants, LPG dealers/retailers, and the consumers.

Llaneza said the summit which is free of registration will start at 10:00 a.m. at the Phela Grande Hotel, in Gen. Santos City.

Among the invited speakers include Director Zenaida Y. Monsada of DOE-Oil Industry Management Bureau (DOEOIMB), Alvin David T. Lim of the Retail Market Monitoring and Special Concerns Division-OIMB (RMMSCDOIMB), and Robert Cardinales of LPG Section-RMMSCD.

Holiday décor makers expand product lines HOLIDAY décor exporters are diversifying their product lines to continue generating revenues even in the midst of a recession in Europe, one of their biggest markets.

“We are the most challenged industry in the export sector. It is difficult especially there is a pending recession in Europe,” said Romeo Balderrama Jr., president of Christmas Décor Producers and Exporters Association of the Philippines.

He said Europe comprises about a third of the total Philippine holiday décor export revenues, while the United

States remains the biggest market of these products, sharing over 60 percent.

Balderrama pointed out that their markets are also diminishing as the so-called baby boomers located all over the world no longer buy holiday decors.

“The baby boomers (generation) are already retired and are old. They are not buying anymore. And the younger generation does not buy Christmas décors,” he said.

To deal with these situations, Balderrama said they are expanding their product lines to include lifestyle products.

“(Our strategy) now is to diversify to lifestyle product manufacturing aside from holiday decors. So that you will not be left out,” he stressed.

Balderrama expressed optimism that this initiative can increase the industry sales this year.

“Several companies may be affected, but not all. Some buyers are coming back to the Philippines. Another good thing is that several US companies are buying now for this year’s Christmas.

The US market is picking up,” he said.

DTI sets up website for investors DAVAO City -- A website for potential investors was recently created by the Department of Trade and Industry (DTI) in Davao Region.

DTI-11 Regional Director Marizon S. Loreto said that the setting up of the National Economic Research and Business Assistance Center (NERBAC) portal www.nerbac11.com was anchored on the idea of making investment infusion easier for investors since everything they want to know about the region’s competitive advantage is right on their fingertips.

The NERBAC was cre-

ated through Republic Act 7470 of 1992. It specifically aims to provide comprehensive and highly integrated business support ser v ices to prospective investors.

Davao Region was the very first to implement it.

In t he region, NERBAC is housed at the DTI Field Offices where investment-releva nt agencies are pooled together under one venue for easier and faster transaction.

Among t he agencies include Home Mutual Development Fund (Pag-ibig Fu nd), Socia l Secu r it y System (SSS), Philippine

Health Insurance Corporation (PhilHealth), Bureau of Internal Revenue (BIR), Securities and Exchange Commission (SEC), Cooperative Development Authority (CDA), and the Department of Labor and Employment (DOLE).

The other government offices are the Department of Environment and Natural Resources (DENR), National Economic Development Authority (NEDA), Department of Foreign Affairs (DFA), Bureau of Customs (BOC), Philippine Exporters Confederation, Inc. (Philexport), and DTI. “As information and com mu n ic at ions technology (ICT) strides, the government must really look for ways on how to join the bandwagon. This mea ns t hat we have to be visible on the web so that investors wouldn’t experience a hard time knowing the competitive edge of the region and why they should pour in their investments here,” Loreto said.

T he N E R BAC web site provides important information on business registration and licensing requirements, frequently asked questions about doing business in the Philippines, provincial profiles, investment priority areas, investment opportunities, investment project briefs, industry profiles, and project feasibility studies.

BusinessWeek

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Companies

NEW iPAD. Globe Tattoo unveiled the new iPad to the public on Tuesday at the Ayala Triangle in Makati. Photo shows Globe executives and endorsers (from left) Joseph Ryan Co, Senior Product Manager of Tattoo; Dong Ronquillo, Head of Tattoo Nomadic Broadband Business of Globe; fashion photographer BJ Pascual; supermodel Georgina Wilson; Globe President and CEO Ernest L. Cu; stylist and designer Charina Sarte and TV host-columnist Tim Yap with the newest iteration of the Apple tablet computer.

Globe launches new iPad GLOBE Head for Tattoo Nomadic Broadband Business Dong Ronquillo said on Tuesday that the cellular fi rm has set “very high targets” in terms of number of units to be sold and this anticipation, he added, was based on “demand ever since the Philippines heard the news on the new iPad and its enhance features.”

“A lot,” Ronquillo said when asked how many units Globe intends to sell. “There will be more sales for this new

iPad than iPad2,” he added.

More sales will mean more subscribers signing up for Globe Tattoo. “The target market for the new iPad is very huge but we are targeting the people who are tech-savvy and Apple fanatics. There are a lot in the Philippines.

The age demographic will be college students to yuppies,” added the Globe executive.

Tattoo is the brand of Globe’s broadband offering.

The cellular fi rm’s TattooOn-The-Go subscriptions

have been growing with sustained demand for Internet connectivity and continued popularity of social networking sites in the fi rst quarter of the year. The introduction of new prepaid sticks, such as Tattoo 4G Flash and Tattoo 3G Sonic, that offer different download speeds at different price points, also helped drive the broadband business. Total subscriber base reached almost 1.5 million by end of March this year, 26 percent GLOBE/PAGE 4

June 1-3, 2012

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June 1-3, 2012

Companies

BusinessWeek

MINDANAO

Tanduay taps 3 US firms for overseas expansion TANDUAY Holdings Inc. is building up its hiking its authorized capital exports business to transform the rhum maker stock from P5 billion to P25 billion. into a global brand.

SCHOOL BUIDLING PROJECT: Tagoloan Mayor Paulino Emano led the time-capsule laying for the construction of a school building in Sta. Cruz Elementary School in Tagoloan, Misamis Oriental. Jointly funded by the municipal government and energy firm STEAG State Power Inc. (SPI), the project will help ease the challenge of classroom shortage in the area. Assisting the mayor in the simple groundbreaking ceremony are Sta. Cruz Brgy Chairman Rene Embrado, DepEd District Supervisor Beatriz Bentuzal and Steag Project Officer Manny Leuterio.

PHOTO PROVIDED

URC to go into biofuel production UNIVERSAL Robina Corp.

(URC) has obtained the approval of the Securities and Exchange Commission to enter into biofuel production, approval documents from the corporate regulator showed on Tuesday.

URC, the listed food and beverage manufacturing arm of conglomerate JG Summit Holdings Inc., earlier obtained the approval of its shareholders to engage in fuel ethanol production as a secondary purpose.

URC President Lance Gokongwei earlier said the company is currently building an ethanol plant in Negros Oriental and plans to build a similar facility in Myanmar, which is expected to start operations before the end of next year.

The company, which manufactures snack food brands like Chippy, Jack ’n Jill, Nissin and C2 iced tea, sells its products in the Philippines and overseas markets like China, Thailand, Malaysia

and Vietnam.

Shares of the company rose 1.49 percent to P61 each, giving it a market value of P125.7 billion.

It reported this month that net income in the six months to March of its 2012 fiscal year rose 37 percent to P4.22 billion mainly as the value of its financial assets increased while foreign exchange losses declined. It said sales during the period grew 6.6 percent to P35.59 billion.

Tan, Cojuangco may forge other business tie-ups AFTER forging a partnership over flag carrier Philippine Airlines, Philippine business tycoons Lucio Tan and Eduardo Cojuangco may engage in other tie-ups, their lawyer said Tuesday.

Estelito Mendoza, legal counsel of both Cojuangco and Tan, said in an interview

with reporters the possibilities are there despite the obvious competition between their respective interests.

“There will be future areas of cooperation whenever they believe doing so will be good for them,” said Mendoza.

Cojuangco and Tan are “very good business people”

Globe...

64GB storage capacities.

The new iPad-Tattoo bundle is also available on a 12-month, zero-interest installment plan.

“Tattoo is very pleased to bring our subscribers the new iPad. Tattoo provides the best service to our subscribers and so much more with unbeatable offers, freebies and discounts,” added Ronquillo.

from page 3

26 percent above last year with wireless customers comprising about 80 percent of the total from 78 percent a year ago.

Globe is offering the new iPad at plans P499 and P999 that comes with a choice of WiFi connectivity at 16-gigabyte (GB), 32GB or

who would pursue business cooperation amid their competing business interests, he added.

He cited the decision of Cojuangco’s San Miguel Corp. to infuse $500 million to buy a 49-percent stake in Tan’s PAL Holdings that controls PAL and Air Philippines.

Mendoza said the cooperation was a vote of confidence for two of the Philippines’ richest men.

“It is a matter of confidence. Both of them went into what is called a win-win situation, it is how each of them view the situation,” he added.

In a statement, the Lucio Tan-led liquor firm said it has partnered with three US firms to assist the company in its planned foray to the lucrative United States market.

Brand Action Team, a beverage alcohol marketing consulting company, was tapped as Tanduay’s marketing partner to reposition and market the brand to appeal to American consumers.

Sales and distribution specialist Beacon Distributors will provide a sales force necessary for state-by-state representation and management of distributors and key retail accounts “where the ultimate goal is to gain the attention and commitment to the Tanduay brand.”

It will focus primarily on distributor and key account

management.

MHW Ltd., a leading logistics and management service provider for wine and spirits in the US, will be responsible for the administrative, regulatory compliance, transportation, logistics, warehouse, reporting, billing and collection services in relation to the importation and distribution of the Tanduay brand into and within the US. “With the professional assistance of these three companies , Tanduay is now laying the groundwork for its foray into the US market and well on its way towards its vision of making Tanduay a global brand,” the company said.

Board clears capital hike Tanduay’s board recently cleared amendments to its Articles of Incorporation,

“Our authorized capital stock is almost fully subscribed. We need to have available shares in case we may need shares if there are new projects,” said Nestor Mendones, Tanduay chief finance officer.

Tangent Holdings Corp., the firm’s major shareholder, will subscribe to a fourth of the increase, which will be listed in the Philippine Stock Exchange, subject to regulatory approvals.

The transaction will be presented to stockholders for approval in a meeting on July 27.

Late last year, Tanduay raised P1.68 billion from a secondary offering that would partly finance the P2-bi l lion expansion of the company’s production capacity and improve cost efficiency.

Puregold acquires Parco store chain LISTED Puregold Price Club Inc., the Philippines’s second-biggest supermarket chain, is acquiring Metro Manila-based Parco grocery store chain.

In a Philippine Stock Exchange filing on Monday, Puregold said it signed a deal to purchase 100 percent of Parco operator Gant Group of Companies Inc. that will give it control to over 19 stores.

Puregold said the allcash deal, which will close this month, will come from internally generated funds. It did not disclose the buying price as the figure represents less than a tenth of Puregold’s book value, the disclosure said.

The acquisition comes just weeks after Puregold’s shareholders approved the acquisition of the operator of S&R Price Club Inc., which has six locations, in a P16.5-billion share-swap deal expected to close next month. Both Puregold and S&R are owned by businessman Lucio Co. After these two acquisitions, Puregold’s store net-

work will increase to131 stores “It is expected that the guidance for the remainder of [the year] will be revised to consider the effects to the overall financial performance of [Puregold] of the acquisitions of the S&R membership shopping business and the Parco supermarkets,” the company said in its disclosure.

Puregold said in April that profits this year are

expected to hit P1.95 billion, compared with P1.54 billion in 2011, prior to the acquisitions. It disclosed earlier that net income in the first three months of the year rose a quarter to P469 million with the opening of more stores. Puregold plans to open 25 stores this year and 25 more in 2013.

Its shares rose 3.64 percent to P22.75 each on Monday, giving Puregold a market value of P45.5 billion.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH AƩy. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a

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MINDANAO

Banking / Finance

June 1-3, 2012

5

G-20 grant scales up BPI program for SMEs THE Bank of the Philippine Islands is scaling up its Sustainable Energy Finance (SEF) program with a $1.2 million (P 50.4 million) grant it won in the G-20 SME Finance Challenge Award for the bank ’s innovative financing scheme focused on energy projects of small and medium enterprises.

BPI’s SEF program, the product of a partnership between BPI and the International Finance Corporation (IFC) of the World Bank Group, was declared the only East Asian winner among the 14 awardees of the prestigious online competition joined by more than 200 entries from all over the world.

The grant will be used to improve market awareness through education of SMEs in energ y efficiency and renewable energy projects and to enhance the capacity of the bank’s Lending Group to deliver financing and technical services to clients, according to a BPI presentation at its Makati headquarters today.

BPI President Aurelio Montinola III said, “As a pioneer in green banking and in developing the SME market, BPI is thankful for the grant that will enable us to expand our SEF program. Under this program, we have been able to disburse over P5.1 billion in loans to

sustainable energy projects, many of them belonging to small entrepreneurs.”

Montinola noted that the bank’s SEF clients have been able to reduce energy use by 142,000 megawatt hours (MWh) and generate renewable energy of 208,200 MWh each year. The investments have also resulted in reducing greenhouse gas emissions by 527,900 tons annually.

The G-20 has designated the IFC, represented by Matthew Gamser who presently heads the SME Finance Forum, to manage the grant given to the 14 winning entries.

Speaking at the BPI cer-

emonies, Gamser said, “The grant assistance, which is meant by the G-20 economies to benefit a wider market of small and medium enterprises, will be in the very competent and responsible hands of BPI. We in IFC are delighted to extend our global experience in financing and developing sustain-

able energy technologies, particularly as they help SMEs manage their energy costs, to a valued partner such as BPI.” IFC started working with BPI on its SEF program in January 2008 and the partnership was renewed twice, first in September 2009 and then in January this year.

Complementing it was a risksharing agreement between the two entities signed in December 2009, under which IFCguaranteed up to 50% of qualified loans worth a total of P2 billion. In a new risk-sharing facility signed recently with IFC, the total amount was further increased to P5 billion.

Security Bank ups loan portfolio by 20% in Q1 SECURITY Bank Corp. on Tuesday reported a 20 percent increase in its loan portfolio to P99 billion at the end of the first quarter of 2012 as compared to the same period last year.

At the same time, the bank posted a 22-percent increase in its net interest income to P2 billion during the same period.

The bank’s strong performance from January to

March of the present year indicates the their focus on driving growth through its core businesses, Security Bank president and chief executive officer Alberto Villarosa said during the bank’s annual stockholders’ meeting Tuesday.

Have something to report? Tell us in text, photos or videos.

Security Bank has sustained its financial perfor-

mance in 2011 with a strong 29-percent expansion of its balance sheet anchored on a hefty 23 percent growth in the loan portfolio.

Vi l la rosa repor ted a remarkable increase of 12 percent in total operating income of P2.3 billion from the same period last year, and a net income of P1.1 billion resulting to a 14 percent return on equity (ROE).

Asked on the prospects

for the remainder of the year, Villarosa reiterated that the bank is squarely focused on providing superior shareholder value and consistent profitability.

In its meeting in March 2012, the board of directors of Security Bank approved a regular cash dividend of P0.50 per share and a special cash dividend of P0.50 per share for the first semester of 2012 with May 11, 2012

as record date and June 6, 2012 as payment date.

During the stockholders’ meeting and the ensuing organizational board meeting, the following were elected to the board of directors: Frederick Y. Dy as chair,, Paul Y. Ung as vice chairman, and Diana P. Aguilar, Anastasia Y. Dy, Jose R. Facundo, Eduardo I. Plana, Rafael F. Simpao, Jr., Alberto S. Villarosa as directors, and Philip T. Ang,

James JK Hung, and Joseph R. Higdon as independent directors.

In 2011, Security Bank was cited as the Best Banking Group in the Philippines at the World Finance Awards and was rated the best bank

by Asian Banker for achieving the highest return on assets in Asia, as well as the third strongest bank in the Philippines.

LOAN/PAGE 11

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Opinion

June 1-3, 2012

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What’s Good Enough?

THINK a minute…

Is your voice good enough to sing a solo on T.V. or radio? If you’re like me, you’ll stick to singing in the shower only! So what are you good at? And compared to whom?

If golf is your sport and you can beat your buddies in a round, how good are you compared to Tiger Woods, Ernie Els, or Veejay Singh?

You and I cannot begin to measure up their world-class standard of golf!

Years ago I had to learn a new language. After 3 months of study and practice, I felt quite good about my progress.

Compared to the tourists, I was a whiz and very fluent.

But compared to the locals, I

talked like a 5-year-old little boy.

In the same way, we may look at some really bad people and feel quite good about ourselves. Compared to them, we almost look like saints!

But compared to God, how good do we look? Well, who doesn’t look like dirt compared to our perfect Creator!

Even if we locked ourselves away from all temptation and prayed all day for the rest of our lives, we still could not come even close to being as pure and perfectly good as God is. So because we want to feel we’re still OK and good enough, we choose to compare ourselves to those really bad people.

But there is only one way that God can accept you and me so we can live in a right relationship with Him. God has to give us the gift of His own perfect goodness. That’s why God the Son became a human being to pay the penalty of death for all our wrongs and sins. Not His, since he has no wrongs to die for. Jesus wants to give you His perfect goodness free, so you can be good enough to become God’s child and enjoy His life with Him—both now and in heaven after you die.

But it’s up to you to ask Jesus for His free gift of forgiveness and new life. Just ask Him to forgive you for

The Importance of Good Credit (Conclusion)

RIZA O. ARES LIEZL A. DELOSO JOE PALABAO RENE MICHAEL BAÑOS

BusinessWeek

THE recent commemoration of Credit Consciousness Week (April 24-30, 2012) was a special opportunity to learn about the importance of good credit.

Last week, we discussed how important credit score is in personal finance. It can affect our application for mainly all types of loans: While good credit helps boost credit score, bad credit almost always pulls it down.

The Financial Consumer Affairs Group of the Bangko Sentral ng Pilipinas, headed

by Deputy Director Teresita Lisama, explained that most credit score improvements take place over time and require an ongoing effort on the part of the financial consumer.

“We should be cautious of all our credit transactions as these could have a lasting effect on our credit reputation,” the FCAG, in its Weekly Wealth Watch newsletter, stressed.

Here are some suggestions from the FCAG on

how financial consumers can maintain a good credit standing and ultimately find favor with creditors: On Payment History: Delinquent payments, even for a few days, can drive down our credit score. Thus, it is important to make all our payments on time. This includes payment on all kinds of dues such as utility bills, medical expenses, and even library fines.

If we have missed some payments in the past, we should pay them off and stay current. The impact of past credit problems on credit score fades with time and as recent good payment patterns show up in our credit report.

We should contact our creditors as soon as we know that we would be having problems with payment. We should then try to work out suitable payment arrangements with them.

On Amounts Owed: We should keep our borrowings and total debt load under control.

If we have amassed a sig-

nificant amount of outstanding debt, we should refrain from borrowing more and work toward lowering our balances.

We should pay off all debts and should not move them around. Owing the same amounts, but having fewer accounts open, can lower our score if we max out the accounts involved.

On Length of Credit History: Instead of closing down accounts, it would be to our advantage to keep older accounts in good standing open as length of credit history plays another important factor in our credit score.

Nonetheless, we should avoid simultaneously opening several new accounts in efforts to build credit history as new accounts will lower our average account age.

Rapid account buildup can likewise look risky for new credit users.

On New Credit: We should apply for new debt only as needed.

When shopping for a new loan or credit card, we

THINK A MINUTE

JHAN TIAFAU HURST

all your wrongs and living your own way. Then ask Him to take full charge of your life and start changing your character with His kind of goodness inside every day, for the rest of your life.

Just Think a Minute…

SPEAKING OUT

IGNACIO BUNYE should be careful to do it in a relatively short span of time. Spending too much time on loan or card hunting could give credit agencies the impression that we are constantly looking for credit.

On Type of Credit Used: Having a mix of credit cards, installment loans, and loans with fixed payments can help raise our credit score if we manage our payments responsibly.

We should always remember that there is value in protecting our credit rating and building a good credit record over the years.

As the FCAG always emphasizes, the use of credit should be matched with responsibility.

Where are we in our Construction Industry?

In any country, the building construction industry is a major economic indicator.

Decline or growth of this sector ref lects well on the overall health of a country’s economy. Apparently, a strong and dynamic local construction industry of a fast –moving expansion in the realm of vertical construction is one gauge of a healthy and active economy. It can attract and encourage investors to pour in their resources to the country, thereby creating more job opportunities and employment for the people. As new and more buildings arise and investments accelerate, so too is the capacity of the government to provide more basic social services for its citizenry. But, where are we in our construction industry?

It may be recalled that there was a slow turn-over of construction statistics in the mid-90s shortly after the devolution of certain powers, responsibilities and resources from the central government

to the provinces, cities and municipalities and barangays of the Philippines as provided in RA 7160, otherwise known as Local Government Code of 1991. This prompted this writer to organize in Cagayan de Oro City the Philippine Association of Building Officials (PABO) to address this felt need of making the Building Officials responsive and accountable in taking the responsibility of managing construction statistics. This organization was successful in eliciting the support of building officials from all over the country and it has grown into a strong and responsible organization.

As a sign of their gratitude PABO recognized this writer as the “Father of Philippine Association of Building Officials” during the 3rd National Convention of Philippine Association of Building Officials on October 28, 2003 held at the World Trade Center, Philippines.

Going back to the question “Where are we in our construction industr y?” inspired this writer to give the readers significant information. Based on the latest statistics from the approved building permits reported during the fourth quarter of 2011, there were a total of 24,610 new construction projects in the entire country.

This number registered an increase of 7.6 percent compared to 22,879 construction projects over the same period in 2010. Both residential and non-residential building constructions exhibited an upward trend. Residentialtype building construction in the fourth quarter of 2011 slightly went up by 4.5 percent to 17,451 from 16,697.

Similarly, non-residential building construction for the period exhibited a growth of 9.7 percent to 3,407 from 3,106 projects.

By examining these construction data, we are given

WHEN STATISTICS SPEAK

SALVADOR A. AVES, Ph.D, DM. an insight as to when the local economy performed well and when it did badly.

By further breaking down these figures as to how each region performed, it is possible to get a hint as to which regions offer the best living conditions and which offer ample job opportunities.

Thus, examining the data AVES/PAGE 7

Views

BusinessWeek

MINDANAO

NGCP... from page 1

telecommunications equipment and serves as the office of the Mindanao System Operations, which was previously based in Iligan City.

Sc ada or Super v isor y Control And Data Acquisition refers to a collection of computers, equipment and application software integrated into a system to acquire realtime data on power system parameters and to provide monitoring and control facility for remote devices such as breakers.

EMS or Energy Management System is basically composed of a Scada system with integrated advanced applications used in the management of the power grid.

The NGCP said the building was constructed as part of the infrastructure upgrade under the third regulatory period.

It said the Carmen Substation, located in Cagayan de Oro City, was chosen after an extensive evaluation of its technical, business and security viability.

Considering t hat load center of power generation and the expansion of NGCP

backbone facilities has moved geographically away from the Agus Complex in Iligan City to the northeastern and southern parts of Mindanao, the NGCP deemed it best to move the regional control center as well.

The NGCP said it took cue from the knowledge and experience of its partners from the State Grid Corp. of China that regional control centers in China are located in the key cities.

Carmen, Cagayan de Oro City, was selected as the new site for being the nearest and most accessible to customers and stakeholders, an international airport, commercial amenities, and military and police installations, which will be able to respond to any emergencies at once.

The NGCP said it recently met with its load customers in Central Luzon to address the growing concern on voltage delivery.

Since the onslaught of the summer season, aside from Meralco’s franchise area, the NGCP said other distribution utilities and industries directly connected to NGCP have experienced severe low-voltage, particularly during the peak period.

Aves... from page 6

for Northern Mindanao Region is imperative for us to determine if there is an improvement in the construction industry.

Approved building permits during the fourth quarter of 2011 in Northern Mindanao registered a total of 1,653 applications, representing 18.07 percent compared with 1,400 approved building permits during the same period of 2010. An increase in application over this period was observed for both residential with 10 percent and non residential construction with 26.5 percent. Among the non residential constructions, commercial type of construction topped with 105 applications or 56.45 percent and this was followed by Institution type with 17.20 percent. Th is is evident with the ongoing construction of commercial buildings in Cagayan de Oro City, particularly Centrio, Limketkai Center, Paseo del Rio and other constructions seen in the entire region.

Among the provinces, Misamis Oriental has the highest number of building constructions during the fourth quarter

Loan... from page 5

Recently, the bank received the prestigious “Cesar EA Virata Award” from the Philippine Dealing System Group as the country’s Best Securities House for the seventh consecutive year.

In 2012, FinanceAsia has named the bank as the country’s “Best Mid-Cap Company.”

In Tuesday’s meeting, Villarosa cited focused execution of the bank’s growth targets hand-in-hand with the unwavering commitment to maintaining superior returns and maximizing shareholder value as fundamental to the successful results in 2011.

In his management report, Villarosa also said the bank’s

total resources increased to P215 billion and the loan portfolio to P92 billion at year-end, bolstered by a positive investment climate and strong credit demand in the top corporate and middle market segments.

He likewise reported key highlights for the year with branch expansion being pursued in the restricted areas in Metro Manila, the acquisition and integration of Premiere Development Bank, which will be renamed Security Bank Savings; the joint venture with Marubeni for the set-up of a leasing business, and the successful offering of Longterm Negotiable Certificates of Deposits (LTNCD) last February 2012 which raised P5 billion.

7

Abortion - What is it?

THIS article—together with the two following others—is specially and a rdent ly ded ic ated to those who are performing abortions, as well as those who are assiduously mov ing a nd decided ly promoting the passage of the notorious “Reproductive Health Bill.” The only reason behind this article and the two hereafter coming, is one and the same: Do not say that you have not been told, have not been warned.

Say not wherefore that you do not k now t hat the said Bill—which is a Population Control legislative priority of no less than the Commander-inChief—does not include abortion, considering that some Contraceptive pills are also abortive in content and finality. So it is than when contraception fails, abortion takes over event ua l ly to l i kew ise lessen people.

Q u e s t ion : W h at i s abortion? In plain and direct language, abortion is the deliberate killing of an unborn human being while still in the maternal womb and herein growing moment by moment, day by day. Abortion is a deliberate killing—knowingly, willingly, intentionally—of a yet unborn chi ld. Abor t ion is t he purposeful slaughter of a human being when still in the mother’s womb and where the same stays from the conception to his or her joyful and triumphant birthday.

When already in the womb of the mother, there is no moment at all when the living creature is not human. The latter cannot be but merely a germ, an tiny insect or a miserable worm as none of these cou ld a nd wou ld ever be a human no matter how, no matter when. To say it truly and bluntly,

abortion is the nothing less than the downright murder of a human being precisely when this weakest and defenseless, precisely when the same is killed by the mother and/or the father—with or without the murderous intervention of another or others.

No, abortion is not simply miscarriage which is but an accidental ejection of an unborn child from the mother’s womb—for whatever natural cause or pathological reason.

Abortion is downright e x ter m i nat ion . A b ortion is intentional killi ng. Abor t ion is ut ter murder. And the victim is categorically innocent altogether hopeless and wherefore completely dependent on the love, care and protection of those precisely responsible for his or her being and life in the world of realities.

Intentional destruction

of t he hu ma n embr yo such as by craniotomy, ex pu lsion clea nsing, abortive pills—all these equal abortion. The killing of adults is horrible.

The murder of infants is abominable. The slaughter of the unborn is hideous.

No one owns anyone else.

So it is that neither the mot her nor t he fat her owns their unborn child, and aborting this is their big curse here and now, hereafter and beyond.

Gas...

projec ts i n Mi nda nao, it ’s somet hi ng t he people ca n afford,” Mr. Layug said.

“Electricity from Philippine gas plants is estimated to cost P4.50-5.50/kilowatthou r ( kW h) for ba s elo ad operations,” said Ernesto B. Pantangco, president of the Philippine Independent Power Producers Association.

“Said cost is inclusive of Philippine royalties on natural gas which is estimated at P1.50/kWh.” Mr. Layug said the World Bank study is in its early stage and has been discussed with Mindanao industry leaders.

The study had cited the need for a 300-megawatt LNG power plant, at the least, to serve as anchor load of the f loating terminal.

“That’s what the World

Bank is looking at, an anchor load. Because of the capital requirement, you will need an anchor load for that project,” he said.

The Energ y department earlier sourced technical assistance from the World Bank for feasibility studies on LNG infrastructure in Mindanao.

Awardees...

Mindanao Inc. and Bachelor Bus companies will be honored as Outstanding Leader in the Transport Service industry.

Radio Mindanao Network (R MN) is specia l awardee for leadership in the Broadcast Industry, while the PARAS Family who owns PARASAT and AWARDEES/PAGE 10

from page 1 of 2011 with 807 applications.

On the other hand, most of the provinces displayed an increase except Lanao del Norte which went down by 13.36 percent. The province of Bukidnon registered an increase of 35.96 percent, Camiguin-52.25 percent, Misamis Occidental-16.77 percent and Misamis Oriental-20.99 percent.

The emphasis of government programs particularly in the region is now focused on the basic infrastructure requirements of disadvantaged and economically depressed areas, more so on housing needs of households particularly those who were affected by typhoon Sendong. Several houses were built in the areas to help them re- build their lost homes during this tragedy.

Providing these people with housing is currently being prioritized.

Moreover, the roads on the national highways were now being constructed and repaired because this is one of the moves in alleviating the plight and improving the way of life and socio economic standing of folks living in deprived areas as they step forward into the road of economic growth.

June 1-3, 2012

to further diversify and stabilize energy sources on the island which has been suffering a chronic power supply shortage.

As of Monday, monitoring of the National Grid Corporation of the Philippines showed a deficiency of 73 megawatts for the Mindanao grid.

“Based on the World Bank study, t hey’re look ing at a f loating storage and re-gasification unit with a component for a short pipeline that will run along certain industrial zones in Mindanao.

“What we need to do now is study carefully the cost efficiency of the project because we want to make sure that as we propose developmenta l

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 28 Mambajao, Camiguin IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRY IN THE RECORDS OF BIRTH IN THE OFFICE OF THE LOCAL CIVIL REGISTRY OF MAMBAJAO, CAMIGUIN CHANGING THE SEX OF THE CHILD FROM MALE TO FEMALE

SPL. PROC. NO. 458

JADE BABIA DELADA, Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF MAMBAJAO PROVINCE OF CAMIGUIN, Respondent x----------------------------------------------------------------- / ORDER Petitioner, Jade Babia Delada, Filipino, of legal age, single and resident of Tagdo, Mambajao, Camiguin thru the Public Attorney’s Office, alleges, that she was born on January 22, 1993 at Tagdo, Mambajao, Camiguin whose birth was duly recorded in the office of the Local Civil Registrar of Mambajao, Camiguin as shown by her Certificate of Live Birth but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in her Medical Certificate, issued by Sachiko D. Kaneko, M.D., of the Camiguin General Hospital, Mambajao, Camiguin. In order to correct such erroneous entry this petition is filed.

The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on July 25, 2011 to start at 8:30 o’clock in the morning.

Let copy of this Order and of the petition and its annexes be sent to each of the following: Office of the Solicitor General; Office of the Local Civil Registrar of Mambajao, Camiguin and the Office of the Provincial Prosecutor of Camiguin.

A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three consecutive weeks prior to the date of hearing.

Any person or entity whose interest might be adversely affected by the proceedings in this case may file written opposition and personally appear during the hearing and substantiate the same.

SO ORDERED. Done in Mambajao, Camiguin, this 7th day of May 2011.

BWM: MAY 25, JUNE 1, & 8, 2012

RUSTICO D. PADERANGA Judge

from page 1

leader awardee for MEGA ENTREPRENEURSHIP and is joined by ZEALEP INC. of Cagayan de Oro. SLERS topped the category for SME Entrepreneurship.

The Yanson Group of Companies who owns and operates the Rural Transit

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte AIRISH G. ABAPO, NO. 258-07-2012 (i) Petitioner, - for - versus – Correction of Entry LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE, Respondent. x--------------------/

SPL. PROC.

ORDER A verified petition for correction of entry in the Certificate of Live Birth of AIRISH G. ABAPO as to her gender/sex which was erroneously entered as MALE instead of FEMALE, her true sex/gender, was filed before this Court on March 2, 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 she is of legal age, Filipino, and a resident of Barangay Poblacion, Tubod, Lanao del Norte. She was born on September 15, 1989 at Baroy, Lanao del Norte and her birth was duly registered at the Respondent’s office. However, under the entry of “Sex”, the one entered is “MALE” instead of “FEMALE”, her true and correct sex. That such erroneous entries may have been inadvertently done by the one who entered the facts of her birth. That she had never undergone sex transplant neither intends to submit for medical operation to change her sex. That she filed the instant petition as pauper litigant in accordance with OCA Circular No. 121-2007.

Finding the petition to be sufficient in form and substance, set the initial hearing of the case to July 9, 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 this Order to the office of the Solicitor General at Makati City, Office of the Provincial Prosecutor in Tubod, Lanao del Norte, office of the Local Civil Registrar in Baroy, Lanao del Norte, Public Attorney’s Office in Tubod, Lanao del Norte and to the petitioner, Airish G. Abapo whose address is at Barangay Poblacion, Tubod, Lanao del Norte.

The petitioner is hereby directed to publish copy of this Order to Business Week for three (3) consecutive weeks, at her expense, to comply with the requirements of the Rules.

So Ordered.

Tubod, Lanao del Norte.

March 15, 2012.

ALAN L. FLORES Presiding Judge BWM: May 25, 2012, June 1 & 8, 2012

8

Metro CDO

June 1-3, 2012

BusinessWeek MINDANAO

Dongkoy warns gallivanting city government employees

By ELAINE O. RATUNIL, Contributor

IDPS SKILLS TRAINING GRADS. A nominee talks to the crowd of fellow Skills Training graduates as she tries to persuade them to vote for her as an officer for the cooperative that has just been created through the initiative of the local government so that IDPs who graduated from the recently concluded Skills Training in Calaanan Relocation Site can poll their skills and resources and take a chance at collectively improving their lives. CIOPHOTO

A CITY official warned city hall employees against “gallivanting, loafing, and unnecessarily roaming or visiting other departments or offices on unofficial errands.”

Cagayan de Oro City Mayor Vicente Y. Emano issued the order to all department heads in line with his desire to improve even more the delivery of service to the people of the city.

Thus, only liaison officers with

Emano

official business with other departments are allowed to enter and be seen within the premises of other departments and offices.

“Gidid-an gayud ang mga kawani nga mag-suroy-suroy sa ubang buhatan sa oras ting-trabaho, gawas lang sa ma liaison officers ug kon opisyal ang tuyo sa usa ka opisina (Workers are prohibited against gallivanting in other departments or offices on official time except for liaison officers for official errands),” the mayor clarified.

NEDA, PNVSCA celebrate National Volunteer Month

By ELAINE O. RATUNIL Contributor

EMERGENCY SEMINAR. Stressing that the spirit of volunteerism has greatly helped our city rise back on its feet after the devastating flashfloods, City Administrator Atty. Leon Du M. Gan, Jr. welcomed participants of the Volunteer Youth for Emergency (VYE) seminar-workshop organized by the City Disaster Risk Reduction and Management Council chaired

by Mayor Dongkoy Emano which was held at Tourism Hall, May 31. CIO FOTO

Raffling of relocation houses to be held weekly RAFFLING of houses for Tropical Storm Sendong survivors will now be held weekly.

Councilor Alexander Dacer, Chairman of the Committee of the Urban Poor relayed this information to the Estate Management Division (EMD).

The office of the EMD is scheduled to raffle off 50 houses today in Indahag to beneficiaries presently living in temporary shelters in Mandumol, Macasandig, this city. Another

raff le will be held on May 21 in Tent City 2 in Calaanan for the relocation of its occupants to their permanent homes in the same barangay.

A week earlier, around 300 families in Tibasak, Macasandig took part in a raffling for homes in the Indahag relocation site. Nena Padla, officer in charge of the Estate Management Division (EMD) informs that relocation houses shall be raffled for not less than 50 families each week.

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

THE Philippine National Volunteer Service Coordinating Agency (PNVSCA) and the National Economic and Development Authority (NEDA-10) are inviting agencies and organizations to participate in the celebration of the National Volunteer Month (NVM) in December 2012.

The activities may include organizing relevant volunteerism activities, conduct of advocacy through media, and other promotional events and putting up of NVM streamers

in strategic locations.

The National Volunteer Month is observed to build nationwide public awareness and appreciation of volunteerism and its role in national development, create an environment for encouraging voluntary action and recognize volunteers and their contributions to society.

This year’s highlight of the NVM celebration is the 2012 Search for Outstanding Volunteers. The search will be for Individual, and Group categories; winners will be chosen for National Outstanding Volunteer Award

a nd Volu nteer Lifet ime Achievement Award.

For years now, Region 10 has been a consistent recipient of NVM awards such as Teresita B. Doydora, President of Valencia City Federation of Tribal Councils, Inc. in 2006; Romeo de M. Asis of Mindanao University of Science and Technology (Individual category) and Year of Service Program (YOS) of Xavier University (Group category) in 2010; and Safer River, Life Saver Foundation, Inc. of Liceo de Cagayan University (Group category) in 2011.

To sustain and uphold

the same honor and fame, the NVM Regional Search Committee (N VM-RSC) would like to invite qualified applicants to this Search.

Deadline of submission of applications and nominations to the NVM-RSC is on or before August 17, 2012.

Conferment of Awards will be in December 2012 in Manila.

Applications and nominations may be addressed to Engr. Leon M. Dacanay, Jr., Regional Director, NEDA-10 and Chair, NVM Regional Search Committee, Regional Development Council Bldg., Capistrano-Echem Street, Cagayan de Oro City.

The Xavier Stage to hold ‘Akay sa Mga Bata’ outreach program THE Xavier Stage, one of Xavier University’s theater companies, will have an outreach program, “Akay sa Mga Bata,” for the children of Gugma sa Kabataan, Inc on May 31 from 1:30-4:00 p.m.

Part of the program will be presentations about values education, sanitation, and hygiene, gift giving, feeding, and giving out of books and bags from the Cultural Center of the Philippines (CCP).

The Xavier Stage actors will also perform “New Yorker sa Burgos,” an adaptation of Marcelino Agana Jr’s play “New Yorker in Tondo.”

The project is the company’s way of promoting

cultural and values education. It is set to benefit the 40 children of Gugma sa Kabataan, Inc, an organization that provides street children with an alternative place to stay and an opportunity to develop themselves.

BusinessWeek MINDANAO

DILG-10 officers undergo training on ARTA RCS TO advocate the Anti-Red Tape Act (ARTA) or Republic Act 9485 more aggressively in local government units, the Department of the Interior and Local Government (DILG) and the Civil Service Commission (CSC) here conducted a series of trainings on ARTA Report Card Survey (RCS).

The survey shall generate feedback on compliance of the local government units (LGUs) to ARTA requirements, specifically on the frontline service delivery performance.

Last April 24 to 27, DILG field officers from Misamis Occidental and Misamis Oriental participated in the first batch of said training, while the group from Bukidnon, Camiguin, Lanao del Norte, and Iligan City participated in the second batch last May 8 to 11.

The local government operations officers underwent series of workshops and field simulation exercises facilitated in by DILG and CSC Regional personnel.

After the training, the DILG field officers are expected to apply their learnings to their respective LGUs, and start the ARTA RCS data collection, reports writing and the usage of ARTA RCS encoding system.

DILG-10 Regional DirecDILG/PAGE 11

Misor.Today

June 1-3, 2012

9

Misor town installs new high school

By ELAINE O. RATUNIL Contributor

VILLANUEVA, Misamis Oriental -- Villanueva town has a new school.

T h is c a me a f ter t he Department of Education (DepEd) approved the creation of said school in response to the growing student population in the area.

Mayor Juliet Uy led recently the groundbreaking of the Tambobong-Balacanas National High School (TBNHS) in Villanueva, Misamis Oriental.

TBNHS has now a total of three secondary schools in Villanueva.

Energy firm STEAG State

Power Inc (SPI), which owns and operates a power plant in Villanueva, will provide the materials for the construction of a school building. The new high school will cater to the needs of the residents of Tambobong-Balacanas, where hundreds of families affected by the town’s rapid industrialization are relocated.

About three years ago, an elementary school was also established in the village as part of the relocation package for the families affected by the purported establishment of a shipbuilding complex at the PHIVIDEC Industrial Estate in Villanueva.

“This new high school is

a manifestation of our desire to make free and quality education closer and more accessible to our people,” said Uy in a speech delivered during the simple ground breaking ceremony.

For her part, Misamis Oriental Schools Division Superintendent Dr. Cherie Limbaco said DepEd’s approval of the new high school in Villanueva reaffirms the national government’s commitment in supporting local education development initiatives.

She also lauded the strong private-public partnership in area as she recognized the imperatives of harnessing private sector support in

community development.

“We are glad to see the partnership between the government and the private sector especially Steag come to fruition and for coming

together in making this social development undertaking possible,” Limbaco said.

Steag Comrel Manager Ghaye Alegrio said the comINSTALL/PAGE 11

Pantawid Pamilya beneficiaries join DepEd’s Brigada Eskwela Program IN preparation for the school opening both in public elementary and public high schools in the country on June 4, 2012, some 230,834 Pantawid Pamilyang Pilipino Program beneficiaries in Northern Mindanao participated in the Department of Education’s Brigada Eskwela program.

Social Welfare and Development Secretary Dinky Soliman said that the engagement of Pantawid Pamilya beneficiaries in the program of the BRIGADA/PAGE 11

Beneficiaries of the Pantawid Pampamilya in Baroy, Lanao del Norte lead their parents in cleaning up their school as part of Brigada Eskwela 2012 program of the Department of Education.

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10

June 1-3, 2012

Congress•Watch

BusinessWeek

MINDANAO

AboitizPower donates P2.8-M worth of school supplies to Cag. de Oro SOME 24,000 elementary students in Cagayan de Oro recently received school supplies from Aboitiz Power Corp, in partnership with Rep. Rufus Rodriguez (Cagayan de Oro, 2nd District) and Rep. Maximo Rodriguez Jr. of Abante Mindanao Partylist.

The school supplies, estimated to cost P2.8 million, were turned over to Grade 1 students of West City Central, Kauswagan Central and Bulua Central School.

“With education as our main thrust, we believe that equipping Cagayan de Oro’s students with school supplies complements our other education-related initiatives nationwide such as building schools, granting scholarships, and donating books, laboratories and computer equipment,” said AboitizPower president and CEO Erramon Aboitiz.

The company has long been a partner of the city, continuously supporting it with education development projects. The Aboitiz Group was also among the first

to dispatch aid to Cagayan de Oro and Iligan in the aftermath of tropical storm Sendong, providing f lood survivors with basic necessities, such as safe drinking water, food, clothes and mosquito repellant. The Aboitiz Foundation has also committed over P11 million in relief and rebuilding efforts for the two cities.

Present at the turnover ceremony of the school supplies were AboitizPower and Aboitiz Foundation representatives, local government and school officials.

“AboitizPower has always taken the lead in promoting corporate social responsibility (CSR) inside and outside the areas we serve. We are happy to support Cagayan de Oro’s education projects

because we are strong believers that the youth will shape our country’s future,” said Jovy P. Batiquin, chief operating officer of AboitizPower subsidiary Therma Marine, Inc. (TMI).

“We are very grateful to Aboitiz for their donation and support to Cagayan de Oro students. We hope they will not change and continue to prioritize education in their CSR projects,” said Dr. Myrna T. Castanos, Assistant Schools Division Superintendent of Cagayan de Oro. In December 2011, a few days before Sendong hit Cagayan de Oro, AboitizPower, through TMI and in partnership with the Aboitiz Foundation, donated 24,000 sets of basic school supplies to pre-school, kindergarten, and grade 1 students of all public elementary schools in the city. Each set consisted of three pieces of grade 1 pad paper, three pencils, two composition notebooks, and one plastic envelope.

After Corona trial, pending bills await Senate WITH the impeachment of Chief Justice Renato Corona over, the Senate would be busy with a lot of assignments.

Many proposals that have been passed in the House of Representatives since January this year are awaiting their respective Senate versions, a necessary act that would put these proposals into law.

Severely pushed back by

the trials, the Senate has to fast track many of the bills that have been waiting for them to review. Here are some of the House Bills that will have to be reviewed by the Senate and pass corresponding versions: House Bill 592 “Promoting Folic Acid to Prevent Birth Defects”- Authored by Rep. Rufus Rodriguez (2nd district, Cagayan de Oro),

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City 2012-213 OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE FILE NO. 2012-080 Upon extra-judicial petition for sale under Act. No. 3135, as amended by Act No. 4118, filed by HDMF (PAG-IBIG FUND) with principal office address at Atrium of Makati, Makati Avenue, Makati City, with branch office at Pagibig Fund, Bldg., Borja St., Cagayan de Oro City against NESTOR L. LIMKIM married to CRISTINA B. LIMKIM, with postal address at Fatima College of Camiguin, Mambajao, Camiguin, the mortgagor, to satisfy the mortgage indebtedness which as of February 24, 2012, amounts to SEVEN HUNDRED SEVENTY FOUR THOUSAND ONE HUNDRED SEVENTY EIGHT PESOS & 44/100 (P774,178.44), Philippine Currency, inclusive interest, penalty charges, court fees, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at public auction on June 18, 2012 at 10:00 a.m. or soon thereafter at the main entrance of the Office of the Court, Hall of Justice, Hayes-Mortola Streets, Cagayan de Oro City to the highest bidder, for cash and in Philippine Currency, the following property/ies described below including all existing improvements found thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-192192 Lot : Lot 15, Block 6, Psd-10-042689 Portion of Lot : Lot 1, Block 37, Psd-10039732 As Surveyed : Pueblo de Oro Development Corporation : San Agustin Valley Homes 2 Land use : Residential Location : Canitoan, Cagayan de Oro City Area : FIFTY FOUR (54) SQUARE METERS, more or less.

Registered in the name of NESTOR L. LIMKIM Married to CRISTINA B. LIMKIM TRANSFER CERTIFICATE OF TITLE NO. T-192193 Lot : Lot 15, Block 6, Psd-10-042689 Portion of Lot : Lot 1, Block 37, Psd-10039732 As surveyed : Pueblo de Oro Development Corporation : San Agustin Valley Homes 2 Land use : Residential Location : Canitoan, Cagayan de Oro City AREA : FIFTY FOUR (54) SQUARE METERS, more or less.

Registered in the name of NESTOR L. LIMKIM Married to CRISTINA B. LIMKIM 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 abovedescribed and encumbrances thereon, if any there be.

Cagayan de Oro City, May 7, 2012.

BWM: MAY 18, 25, & JUNE 1, 2012

ANTONIO A. CAGULANG, JR. Sheriff IV

the bill seeks to have women of reproductive capacity to have daily dose of folic acid, a natural vitamin that prevents neutral tube defects that could cause birth defects in babies. It was passed by the House of Representatives in January this year. The Senate version, Senate Bill 2310 was filed by Senator Miriam Defensor Santiago in 2010.

House Bill 5496 “AntiBullying Act of 2012” - It requires all elementary and secondary schools to have CORONA/PAGE 11

Awardees...

from page 7 Dahilayan Adventure Park is hailed as leader in Sports & Entertainment industry.

Special Awardees for their efforts in promoting local

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10th JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN In the Matter of Petition for Issuance of MISC. CASE NO. 110 Owner’s Duplicate Copy of Original Certificates Of Title No. P- 9011 of the Office of the Registry Of Deeds of Camiguin, ROGACIANA C. CHAN, Petitioner, -versusATTY. ALMA CONCEPCION M. PARREÑO, In her capacity as Ex-officio Register of Deeds Of Camiguin, Respondent. x-------------------------------------------------------------- / ORDER Petitioner, Rogaciana C. Chan, of legal age, Filipino, widow and resident of Tagdo, Mambajao, Camiguin, thru counsel, states that she is the owner of a parcel, situated in the Sitio of Abu, Barangay of Baylao, Municipality of Mambajao, Province of Camiguin, duly registered in the Office of the Register of Deeds of Camiguin under Original Certificate of Title No. P-9011 with an area of 1,522 square meters.

That the owner’s duplicate copy of the OCT of the aforesaid parcel of land was lost and despite earnest effort to locate it, the same was of no avail. The fact of such loss was duly registered in the office of the Registry of Deeds of Camiguin.

That the subject Original Certificate of Title was not delivered to any person or entity to secure payment or performance of any obligation whatsoever and there exist no deed or instrument affecting the said land which had been presented for or pending registration in the Register of Deeds. There is no co-owner’s, mortgagee, and lessee duplicate of the aforesaid title issued before its lost.

It is the main thrust of the petition that after hearing the Owner’s Duplicate of the Original Certificate of title which was lost be declared null and void and a new Owner’s Duplicate of Original Certificate of Title No. P-9011 be issued in lieu thereof under the same terms and conditions as contained in the original on file.

The petition being sufficient in form and substance is hereby set for hearing on July 24, 2012 in this Court’s Session Hall, to start at 8:30 o’clock in the morning.

Let copy of the petition together with all its annexes and of this Order be furnished The Register of Deeds at Mambajao, Camiguin; The Administrator, Land Registration Authority at Quezon City; and Provincial Prosecutor of Camiguin.

The Process Server of this Court is directed to post copies of this Order in the 1.) Bulletin Board – Public Market, Mambajao, Camiguin; 2.) Bulletin Board – Municipal Hall, Mambajao, Camiguin; 3.) Bulletin Board – Provincial Capitol, Mambajao, Camiguin; and 4.) Bulletin Board – this Court.

Let copy of this Order be published at petitioner’s expense once a week for three consecutive weeks prior to the date of hearing in any newspaper of general circulation in the Province of Camiguin.

Any person or entity whose interests might be adversely affected by this proceeding may file written opposition within a reasonable time prior to the date of hearing and appear personally during the hearing to substantiate the same.

SO ORDERED. Done at Mambajao, Camiguin, this 7th day of May 2012.

RUSTICO D. PADERANGA Judge BWM: MAY 25, JUNE 1 & 8, 2012

tourism in Northern Mindanao are the VIP Hotel and Dynasty Court Hotel; and the DOT 10 regional director CATALINO E. CHAN III. In the fashion industry, special awardees are MS. ALMA MAE ROA and MS. MIMI PARREL PIMENT. The achievements of various Mindanao business leaders and entrepreneurs need to be recognized, not only by government institutions and social awards bodies but from the media as well.

BusinessWeek Mindanao

as a forerunner of information on the various business leadership and entrepreneurial strides of Mindanaoans deems it as a part of its social responsibility to trumpet such achievements for others to emulate and thus propel a Mindanaoan consciousness in every economic and business stakeholder, whether small or great, the responsibility to help Mindanao achieve sustainable development of its economy.

“The holding of BWM Awards which started in De-

AWARDEES/PAGE 11

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch – 20 Cagayan de Oro City 2012-228 IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF MARY CLAIRE SAMILIANO ALINSUB WITH RESPECT TO HER GENDER FROM “MALE” TO “FEMALE” AND MAIDEN MIDDLE NAME MOTHER FROM “AGID” TO “CUSTADO”

SPL. PROC. NO. 2012-058

MARY CLAIRE SAMILIANO ALINSUB, Petitioner, -versusLOCAL CIVIL REGISTRAR CAGAYAN DE ORO CITY, Respondent, x---------------------------------------------------------------------------- / ORDER This is a petition for correction of entries in the birth certificate of petitioner alleging among others that her gender was erroneously recorded as Male instead of Female and the Maiden Middle Name of Mother was entered as AGID instead of Custado, and finding the same to be in proper form and substance, the same is hereby set for initial hearing June 20, 2012, at 8:30 o’clock in the morning before this court at the Hall of Justice, Cagayan de Oro City.

Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge.

The Local Civil Registrar of Cagayan de Oro City or any person having or claiming any interest under the entry whose cancellation or correction is sought may, within fifteen (15) days from the notice of petition or from the last date of publication of such notice, file his opposition thereto.

Furnish the office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance.

SO ORDERED. Done this 27th day of April 2012, at Cagayan de Oro City.

BONIFACIO M. MACABAYA Presiding Judge BWM: MAY 25, JUNE 1 & 8, 2012

MINDANAO

BusinessWeek Install... from page 9

pany’s assistance for the establishment of a school building ref lects the company’s bias towards education.

“Steag believes that education will help bring about the development of the human resource in the area and help them prepare for the demands brought about the increased economic activities in the area,” Alegrio said.

Aside from supporting school building projects, Steag together with LGU Villanueva and other development partners is undertaking programs on English reading proficiency, alternative learning System for school drop-outs, tech-voc skills training, Educational TV projects and scholarship assistance.

Brigada... from page 9

of the Department of Education will show their commitment and active participation in this noteworthy community project.

Pantawid Pamilya parentbeneficiaries are one in saying that their own children will benefit from a clean and safe school rooms and surrounding.

Pantawid Pamilya beneficiaries who rendered voluntary service came from the five provinces of Bukidnon, Camiguin, Misamis Oriental, Misamis Occidental and Lanao del Norte in Region X. The Brigada Eskwela program which will run from May 21 to 28, 2012 aims to encourage the public to do voluntary service by participating in the clean-up and repairs of public schools’ classrooms and other school facilities. This year, the program will prioritize the installation of adequate toilets and potable water system for students.

DILG... from page 9

tor Rene K. Burdeos urged every officer to give his at-

tention to the field practice that will be held afterwards.

Results of the RCS will be included in the Seal of Good Housekeeping and as a third criterion on Full Disclosure Policy.

The SGH is a mechanism comprising a set of criteria aimed at recognizing LGUs with good performance in internal housekeeping. Among the components of the SGH criteria are the compliance to the mandates of ARTA as well as the Full Disclosure Policy.

Corona.. from page 10

anti-bullying policies and help students and parents cope with bullying. It passed third and final reading in January. The Senate version, SB 2677, was also written by Santiago.

House Bill 4307 “Early Voting for the National and Local Elections” - This has provisions allowing Filipino voters to cast their votes earlier than the date of the elections. It was passed by the House of Representatives in February. The Senate version, SB 3570, was already passed by the Senate in 2010 but must be presented in a bicameral conference for it to be ratified.

House Bill 5990 “Providing Compensation to Human Rights Victims During Marcos Regime” - The bill was passed on its third and final reading last March. Its counterpart bill, SB 2615 has been in the backburners since 2010.

House Bill 5567 “Designating a Cooperative Officer in the LGU” - This bill, passed also last March, would allow presence of a cooperative representative in the local government unit (LGU) office. Pushed by Rep. Isidro Lico (Ating Koop partylist) and Rep. Jose Ping-ay (COOP NATCCO partylist), the bill has no counterpart yet in the Senate.

House Bill 3005 “Declaring December as AntiCorruption Month” - Capitalizing on the ongoing impeachment trial, the House of

Republic of the Philippines SUPREME COURT 10th Judicial Region REGIONAL TRIAL COURT OF MISAMIS ORIENTAL Cagayan de Oro City 2012-240 OFFICE OF THE EXECUTIVE JUDGE NOTICE OF HEARING Notice is hereby given that a summary hearing on the petitions for Notarial Commission of the following Notaries Public shall be held on JUNE 11, 2012, at 2:00 in the afternoon at the Office of the Executive Judge. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.

1. ATTY. MARIE ANTONETTE UY QUINITO 2. ATTY. LORELA B. ESCOBERO 3. ATTY. MELANIE Q. ENOPIA 4. ATTY. DANILO N. DIVIDINA 5. ATTY. ERNIE F. PALANAN 6. ATTY. FRANCIS JOHN R. SALVA 7. ATTY. EDDIE CATUBIG CUARESMA Let a copy of this notice be published once in a newspaper of general circulation prior to the hearing, per A.M. No. 03-8-02-SC, at the expense of the petitioner/s.

Given this 28th day of May 2012 at Cagayan de Oro City, Philippines.

BWM: JUNE 1, 2012

June 1-3, 2012

11

of the awards project is recognition for the achievements of various home-grown Mindanao businesses. “Our Mindanao business leaders and entrepreneurs need to be recognized, not only by government institutions and social awards bodies but by the media as well, and for the younger generation to emulate.

“BusinessWeek Mindanao and Mindanao Daily News, as a forerunner of information on the various business leadership and entrepreneurial strides of Mindanaoans deem it a part of its social responsibility to trumpet such achievements for others to emulate and thus propel a Mindanaoan consciousness in every economic and business stakeholder, whether small or great, the responsibility to help

Mindanao achieve sustainable development of its economy, Sudaria concluded.

The Board of Judges to the award, which rated the nominees screened by the BWM and MDN editors, are composed of known personalities from the media, and business communities: Ariel Sebellino, Exec. director, Philippine Press Institute; Rudolf A. Kotik of RK Franchise Consultancy, Manila; Ma. Theresas Alegrio, President Oro Chamber; Ped Quiamjot, Pryce Plaza general manager; Ruben Vegafria, Promote CDO chairman and BWM editor in chief Nelson Constantino.

Expected to grace the awards are the top officials of the awardee companies: Mr. Albino Lim Ket Kai, Lim Ket Kai EVP & COO; Ms. Rafaelita Pelaez Goles,

Chairman of Zealep Inc; YANSON GROUP OF COMPANIES chairman & president Ricardo Yanson; Engr. Paras, Chairman & President of Parasat; Mr. Neil Abejuela of MKAVI; Ms. Joanne L. Montezo, Cluster Head of ONB North Mindanao; Mr. Estelito R. Marabe, CPA, President and CEO of D’ Asian Hills Bank; Mr. & Mrs. Edward Calumpang, Senior Sales Director of the Jalosjos Group of Companies; Gen. Managers of EDEN NATURE’S PARK; Gen. Manager Ernesto Pelaez of Duka Bay Resort; SLERS Gen. Manager; RMN officials; DIR. CATALINO CHAN, DOT 10 Regl Director, the ownersof VIP HOTEL and DYNASTY HOTEL; Ms. Mimi Parrel Pimentel, and Alma Mae Roa of Camerons

T he proje c t s it s on a 20-hectare property. If there is a need to expand the terminal, the company is ready to provide locators with another 50 hectares, Mr. Valoria added.

Acting customs collector Martiniano M. Bangcoy earlier said the project would help buoy the economy of the region and would slowly decongest government-run wharves in Sasa and Sta. Ana, both in Davao City.

Mr. Bangcoy had said that because of the absence of new container terminal facilities, the Bureau of Customs could not increase its tax revenues from the region.

The construction of the container terminal, which will be undertaken by Aboitiz Group’s Metaphil International, Inc., is expected to

peak in August, said Napoleon R. Pe Jr., president of the construction firm.

Mr. Pe said the Cebubased company has started hiring local workers, with total number expected to reach 350.

“We have prioritized hiring local workers because it will be very costly for us to bring in our own workers,” he said, pointing out that only highly technical jobs would be undertaken by in-house employees.

The container terminal project will also become a venue for the training of local workers. “They will be leaving with skills that would make them much better paid,” Mr. Pe said.

Among those who welcomed t he projec t wa s Panabo City Mayor Jose L. Silvosa, Sr., who said the project would not only mean additional revenues for the

11-year-old city.

It will also serve as the city’s “advertisement” to attract prospective investors, he said.

“Our dream of becoming the hub of agro-industrial development is already coming true,” Mr. Silvosa told BusinessWorld, as he joined Anf locor Group’s founder Antonio O. Floirendo, Sr. and others in the ceremonial groundbreaking.

Mr. Valoria said the project -- to be bankrolled by Bank of Philippine Islands and Security Bank -- will erase the “logical disadvantage” that southern Mindanao is experiencing in relation to cargo handling. An international container terminal also operates in Tagoloan, Misamis Oriental.

“Th is will result in faster growth of development of the region,” he said, pointing out that the project, with a draft

of 15.5 meters, can accommodate Panamax vessels, referring to large vessels named after the Panama Canal.

Based on international classifications, a Panamax vessel has a beam of 32 meters, and measures about 1,000 feet long. It is 110 feet in width and 85 feet in depth.

The project will help shippers shorten vessels’ turnaround time because the terminal will have two shipto-shore cranes for loading and unloading cargoes, Mr. Valoria said.

The container terminal, he added, will be able to accommodate about 2,000 container vans at a given time, making cargo handling easier.

The Bureau of Customs will also transfer an X-ray machine from General Santos City to the terminals to make the examination of cargoes easier.

Representatives passed this bill last March to declare December as Anti-Corruption Month. The Senate has yet to come up with its own version.

House Bill 709 “Penalizing Cable Television or Cable Internet Pilferage” - After years of lobbying, cable TV providers were treated to

the passage of a bill on anticable TV theft, at least on the House of Representatives level in March. A similar version by Senator Jinggoy Estrada, SB 347, has yet to be reviewed.

House Bill 5854 “Revised Philippine Passport Act” - The bill, passed by the Lower House in April,

was aimed at allowing applicants to get passports with five- to 10-year validity, as well as simplifying passport documentation requirements.

SB 896 by Senator Edgardo Angara has also been pushing for passage of the amendments since 2009.

House Bill 5805 “Cybercrime Bill” - Probably one of

the more contentious bills for a long time, the Cybercrime Bill has finally passed the House of Representatives last May 26. It aims to strengthen the country’s protection programs against cybercriminals. The Senate version, SB 2796, was passed in early May but has yet to be consolidated.

Awardees... from page 10

cember last year is part of our corporate social responsibility and our humble effort to give credit to the pillars of Mindanao economy, “ BWM publisher Dante Sudaria said.

Project Director, Allan Mediante, who is also executive editor of the newspapers says that the awards which will be an annual project, “ would serve as catalyst for a continued and concerted effort of business leaders and entrepreneurs to seek greater heights and strive for success in the noble mission of propelling Mindanao and its people towards full economic growth and sustainable development.”

He also said that the rationale

Terminal... from page 1

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT Branch 44 Initao, Misamis Oriental

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region BRANCH 38 Cagayan de Oro City 2012-239 NOTICE OF EXTRA-JUDICIAL SALE File Number 2012-088 UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135, as amended by Act No. 4118, filed by National Home Mortgage Finance Corporation, with postal address at 104 Amorsolo Street, Legaspi Village, Makati City, against Andrea G. Azuelo, resident of Lot 10, Blk. 14, Villa Trinitas Subdivision, Bugo, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of March 31, 2012, amounts to Nine Hundred Forty Three Thousand Eight Hundred Twenty Eight Pesos & 53/100 (Php943,828.53), Philippine Currency, as principal, interest, charges, excluding attorney’s fees and expenses of foreclosure, the undersigned Sheriff or his deputies will sell at public auction on JUNE 26, 2012, at 10:00 A.M. to 4:00 P.M. or soon thereafter at the Office of the Regional Trial Court, Branch 38, 2nd Floor, Hall of Justice, Hayes Street, Cagayan de Oro City, to the highest bidder, for cash and in Philippine Currency, the following real property, with all the improvements found thereon, to wit: “TRANSFER CERTIFICATE OF TITLE NO. T-66913 A PARCEL OF LAND (Lot 10, Block 14, Psd-10-015679, being a portion of Lot 1-D-2-E-9, (LRC) Psd-96900), situated in the Barrio of Bugo, Cagayan de Oro City, Island of Mindanao. Xxx; registered in the name of Andrea G. Azuelo, xxx, containing an area of One Hundred Twenty Six (126) square meters, more or less,.”

All sealed bids must be submitted to the undersigned on the abovestated date, time and place.

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day without further notice, posting and publication.

Prospective buyers/bidders may investigate for themselves the title above-described and encumbrances thereon, if any there be.

Cagayan de Oro City, May 18, 2012.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

HON. GIL G. BOLLOZOS 1st Vice Executive Judge BWM: June 1, 8 & 15, 2012

(Sgd.) REYNALDO L. SALCEDA Sheriff IV

IN RE: PETITION FOR JUDICIAL SP. PROC. NO. 2012-1087 RECOGNITION/CONFIRMATION OF FOREIGN JUDGMENT OF DIVORCE AND CANCELLATION OF ENTRY IN THE LOCAL CIVIL REGISTRY, CHERYL LUNTAYAO COLEY, Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF MARIKINA CITY, Respondent. x------------------------------------------ / ORDER Finding the herein verified petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the initial hearing thereof be set on June 28, 2012, at 8:30 in the morning before this Court at Regional Trial Court, Branch 44, Initao, Misamis Oriental. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this petition.

At the expense of the petitioner, let this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation.

Let copy of this Order and Petition be furnished the Office of the Solicitor General and the Office of the Provincial Prosecutor for their appearance in this petition.

SO ORDERED. Done this 16th day of May 2012 at Initao, Misamis Oriental.

BWM: JUNE 1, 8, & 15, 2012

ARTHUR L. ABUNDIENTE Acting Presiding Judge

Presenting the Awardees of the 2012 Mindanao Business Leaders & Entrepreneurs Awards MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, CORPORATE CATEGORY

Lapanday Food Corporation Known today as one of the leading fresh produce growers and exporters in the Philippines; but years ago, its beginnings were planted in a small seed. On three parcels of land near Davao City, banana farms had flourished in the 1970’s but had become virtually abandoned in the 1980’s as world oversupply depressed banana export prices. Luis F. Lorenzo, Sr., whose family had deep roots in Mindanao, looked at these lands and saw the opportunity amid the challenges.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN BANKING & FINANCE, CORPORATE CATEGORY

One Network Bank One Network Bank, also known as ONB, is a rural bank based in Davao City in the Philippines. Formed in 2004 through the consolidation of Network Rural Bank of Davao del Sur, the Rural Bank of Panabo of Davao del Norte and the Provident Rural Bank of Cotabato, ONB is the largest rural bank in the Philippines in terms of assets, with a network of 81 branches and 106 ATMs (as of April 2012) throughout the provinces of Mindanao, including seventeen localities where it is the sole provider of financial services.

MOST OUTSTANDING MINDANAO BUSINESS LEADER in Health Food Production & Marketing, Corporate Category

Amley Food Corporation Amley Food Corporation was established in year 2003. It is located in Villanueva, Misamis Oriental. Its mission is to become one of the major players in the fruit processing industry through customer satisfaction, food safety, consistent and high quality products.

There is an abundance supply of raw materials in its area. Supply comes from the whole Mindanao island as well as from its own mango orchards.

MOST OUTSTANDING MINDANAO BUSINESS LEADER in Housing & Realty Development, Corporate Category

Pueblo de Oro Development Corp.

Pueblo de Oro is the first self-sustaining masterfully-planned township of its magnitude and refinement in the heart of Cagayan de Oro in Southern Philippines. Literally a “town of gold” in Spanish, Pueblo de Oro is a haven for work, business, recreation and leisurely living with its distinctly appealing residential alcoves and thriving commercial and business centers, molded together with the beauty and splen-

dor of nature.

At Pueblo de Oro, we say why be near the shopping mall, the church, the school(s), the golf club, the hotel, the Business Park and the IT Ecozone, when these and more are all here within the 360-hectare township? Come and discover the World in One Township! A township so complete that you can live where you never have to leave.

14

BusinessWeek

June 1-3, 2012

MINDANAO

MOST OUTSTANDING MINDANAO BUSINESS LEADER in HOTEL, RESORTS & Tourism Industry, Corporate Category

Pearl Farm Resort DAVAO CITY The Pearl Farm Resort lies in a secluded island off the coast of Davao city. This 11-hectare spread was once a pearl farm, where thousands of white-lipped oysters, transported from the Sulu Sea, were cultivated for their pink, white and gold pearls. Today, the resort beckons with the promise of a relaxing private retreat, under the care of our friendly, charming staff. The resort’s Samal Houses are patterned after the stilt houses of seafaring Samal tribes of the Sulu archipelago. By day, schools of tiny fish frolic between

the sturdy poles that support the houses. At night, the sound of the waves are a soothing aid to slumber.

If your looking for a great destination island hopping escape in Southern Philippines, Then you are looking for a world class destination getaway in Davao. The Pearl Farm Beach Resort in Samal Island Davao is one of the popular and great destination for island hopping in Southern Philippines.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, INDIVIDUAL CATEGORY

Mt. Kitanglad Agri-Ventures, Inc. (MKAVI) For Mt. Kitanglad Agri-Ventures Inc., nothing is sweeter than bananas that have been grown using eco-friendly farming methods. Sweet bounty indeed. Conscientious is the word that best describe Mt. Kitanglad Agri-Ventures, Inc. (MKAVI), a company committed to practicing sustainable agriculture in the production of bananas for export.

It is one of the first two Better Banana Project/ECO-OK certified farms in the Philippines given by the Rainforest Alliance last April 2002, a New York-based NGO dedicated to the conservation of the world’s tropical forests. Its’ commitment to ecologically sound farming practices ensures better environment not only for the people and farmers of Mt. Kitanglad, but also to its more famous residents, the nearly extinct Philippine monkey-eating eagle and some 16 species endemic only to Mindanao.

and more than 700 families through its Mt. Kitanglad Agri-Venture Multi-Purpose Coopertive (MOKAVECO). As part of its marketing strategy, MKAVI regularly meets with its customers and tours them to the plantation to gain their trust and confidence, as well as to show buyers their commitment to the best banana farming techniques.

MKAVI also extended its social responsibility to its surrounding communities by providing development programs and livelihood opportunities for about 1,000 people MOST OUTSTANDING MINDANAO BUSINESS LEADER IN BANKING & FINANCE, INDIVIDUAL CATEGORY

D‘ Asian Hills Bank In February 1998, Mr. Estelito R. Marabe acquired the Rural Bank of Lantapan. The acquisition was made possible through the new stockholders equity and backing of Hills Small Loans and Lending Facilities Co., Inc., owned as well by Mr. Marabe. On June 26, 1999, the name of the bank was changed, thus Asian Hills Bank, Incorporated came into existence as approved by the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission.

The bank started its commercial operations on April 20, 1998 with seven employees in Lantapan.The Lantapan Branch served as the prime branch of Asian Hills Bank, until the transfer of the main headquarters in the City Of Malaybalay on June 23, 2000. In 2001,

the micro-finance program called Dalan Sa Kalamboan was launched. It aims to cater to the financial and livelihood assistance needed by micro-entreprenuers. It also help address poverty in the countryside.

To date, there are more than 10,000 members of the Microfinance Program covering almost all municipalities and cities of Bukidnon, Misamis Oriental, Agusan del Sur, Davao del Sur, Lanao del Sur and North Cotabato.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL CATEGORY

Duka Bay Resort, Inc. Investing in ecological ventures like restoring the coral reef cover of Gingoog Bay in Misamis Oriental is one very fluid venture whose fruits can be reaped not in pesos but in how future generations would be able to enjoy one of the country’s best dive sites.

Duka Bay’s Acantasia project is aimed at restoring the glorious coral cover of the Gingoog Bay using a technology known as coral transplanting which is done by obtaining coral fragments as planting materials from the old coral growths.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL CATEGORY

Eden Nature Park and Resort A mountain resort located at 3,000 feet above sea level, Eden Nature Park is 95% human-made! It is a great model of how humans can re-create nature and rebuild a lost environment. Discovered sometime in 1971, the resort used to be a logged-over area covered only by a blanket of wild grass. Its potential was, however, readily seen by the owners as the property provided an imposing view of Davao City and the Davao Gulf. Not long after, terraces were carved out of the mountain slope, and thousands of pine tree seedlings were planted. As the pine trees grew it created canopies, allowing other trees and plants to grow and creating a secondary forest. Today, there are over 100,000 pine trees spread in about 80 hectares, providing a refreshing backdrop to the various attractions in Eden Nature Park.

MOST OUTSTANDING MINDANAO BUSINESS LEADER in HOTEL, RESORTS & Tourism Industry, Corporate Category

Dakak Beach Resort Dakak Park and Beach Resort is the closes place to paradise one could ever experience, with it’s beauty and serenity. Dakak started operation on 1988, was conveniently positioned in the southern part of the philippines and surrounded by mountains in its west.

Situated at Taguilon, Dapitan City, Zamboanga Del Norte, Dakak tactfully eludes the typhoon belt, making it an ideal all-season destination for travelers.

Dakak is the first five-star resort in Mindanao with an “AAA” accreditation from the Department of Tourism, located along a private 750 meter white sand and beach. From the original 2 (two) cottages, it has expanded into 64 cottages with 128 fullyfurnished rooms in native duplex type bungalows of bamboo and nipa leaves with capiz shell window panels; and three (3) Family Pavillion with 30 family rooms and one (1) Presidential Suite.

MINDANAO

BusinessWeek

June 1-3, 2012

15

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN MEGA-ENTREPRENEUR CATEGORY

Limketkai Group of Companies The Limketkai Group of Companies owns and operates the Limketkai Center dubbed as the most expansive shopping, dining, and leisure complex in Mindanao.

The Limketkai Group is also into agribusiness, manufacturing aand producing the famous Marca Leon cooking oil. It is controlled by the Lim family of Cagayan de Oro. who also owns the LKKS Milling Company, one of the highest net growth corporation in Mindanao. since 1998.

Soon to open is the P1.2 billion Hotel Limketkai under the Limketkai Hotel & Resort Corporation. The hotel is connected to the mall’s-east concourse by a walkway junction which will make additional floor-retail area.

The connection wouldhouse a duty free fiesta shopping complex named Aseana retail shopping, and will come with a call center and Cinemax complexes.

The Limketkai Center which comprises the shopping mall, office, hotel, residential and convention center will be settled soon in the 320,000 square meters, making it largest business district in Mindanao by 2014.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN MEGA-ENTREPRENEUR CATEGORY

Zealep Inc. ZEALEP Inc. (formerly Gopel Corporation) Zealep Inc. is the holding company of the Zealep Group of Companies incorporated on August 16, 2004, primarily to acquire or to hold all or any part of shares of corporations or the goodwill, rights, franchises, property, and business of any person, firm, association, and to hold, utilize, enjoy, and in any manner, manage, administer, or dispose of the whole or any part of the said rights and properties so acquired in a lawful manner, provided it will not engage in buying and selling of stocks as brokers or dealers of securities.

The corporation is presently run by five (5) member of Board of Directors headed by Dr. Rafaelita PelaezPelaez, as President and Chief Executive Officer. Zealep, the developer of Paseo del Rio de Cagayan, is the holdings company of the well-respected Cagayan de Oro-based Zealep Group of Companies backed by the illustrious Pelaez clan who has been engaged in various endeavors in Cagayan de Oro since 1955. The Zealep Group of Companies has interests in education, finance, tourism, banking and real estate development.

MOST OUTSTANDING MINDANAO BUSINESS LEADER IN SME ENTREPRENEUR CATEGORY

Slers SLERS began as a personal culinary endeavor in 1969, when Fely Pelaez learned to prepare delicious smoked country ham in her home at Del Monte, Bukidnon. That year, family members and friends bought her ham for Noche Buena (Christmas

dinner).

The ham eventually became popular. So, what started out as a small hobby became a cottage industry, and later a family corporation, selling also in Cagayan de Oro, and now in Manila. Despite its growth, SLERS continues to make fine quality foods the traditional way. SLERS products have a reputation for making special occasions even more special, and making any day a holiday.

MOST OUTSTANDING MINDANAO BUSINESS LEADER in Transport Service Industry

Yanson Group of Companies The Yanson group of bus companies comprises of big three (3) bus companies in the Philippines, the Vallacar Transit Inc, operating in the whole Visayas Region, the Bachelor Express Inc and Rural Transit Inc, operating the whole Mindanao Areas.

This family-owned and managed business has grown from a lone 14-seater jeepney plying a single

route, to a conglomerate of transportation companies with a combined number of operating units of a little almost 3000 transport vehicles as of January 2010, operating in nearly 80 percent of the bus routes in the Visayas and Mindanao regions which linked with Luzon and enabled passengers to reach Manila by land trips.

MOST OUTSTANDING MINDANAO BUSINESS LEADER in Broadcast Industry

Radio Mindanao Network In 1968, RMN made a “first” in Philippine radio history by initiating the national newscasts via microwave. Fast, direct and crystal clear network newscasts emanating from the Tri-Media News Central in Manila brought the events as they happened in all parts of the country via stations DZHP in Manila, DZHB in Baguio, DYHP in Cebu, DXVM in Cagayan de Oro and DXDC in Davao.’

MOST OUTSTANDING MINDANAO BUSINESS LEADER in SPORTS & ENTERTAINMENT

Paras Family Parasat Cable TV, Inc. started as an electronics retail store and repair shop established by Elpidio M. Paras. In 1991, Paras established Parasat Cable TV, Inc. To date, Parasat Cable TV has coverage in the following areas: entire Cagayan de Oro City, municipalities of Opol and Tagoloan. It has established branches in Malaybalay and San Carlos. It has also formed partnerships with other cable operators in Gingoog City and the municipalities of Balingasag, Don Carlos and Valencia, Bukidnon. It is continuously expanding its coverage to the east and west sides of Misamis Oriental.

The Paras family owns and operates the Dahilayan Adventure Park which is now famous for it’s longest dual zip zone consisting of dual carrying cables each 840 meters They currently offer horseback riding trips, ATV rides for teens and adults, the Zorbit, and a Mini-boat Ski ride.

Engr. Elpidio M. Paras, is the President and CEO of Parasat Cable TV, Inc. (1991 to present), UC-1 Corporation (2002 to present), Arriba Telecontact, Inc. and Paramedix, Inc.(2005 - present).

He is also the Vice-Chairman of Philippine Cable TV Association (2006 to present), Trustee - Promote CDO Foundation, Inc. (2005 to present), President – Cagayan de Oro Chamber (2007), Consultant - Cagayan de Oro Chamber (2008), Chairman of the Board of Trustees – Xavier University (2007 to present). He is also the Sector Trustee for Business Support Organizations & Institution Sector (2008 to present). He was also a Board member of the Cagayan de Oro International Trade and Convention Center Foundation, Inc. (2005) and Hagdan sa Pag-uswag Foundation, Inc.

OUR AWARDEES: MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, CORPORATE CATEGORY

LAPANDAY FOOD CORPORATION MOST OUTSTANDING MINDANAO BUSINESS LEADER IN BANKING & FINANCE, CORPORATE CATEGORY

ONE NETWORK BANK MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HEALTH FOOD PRODUCTION & MARKETING, CORPORATE CATEGORY

AMLEY FOOD CORPORATION MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOUSING & REALTY DEVELOPMENT, CORPORATE CATEGORY

PUEBLO DE ORO DEV’T CORP. MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM INDUSTRY, CORPORATE CATEGORY

DAKAK BEACH RESPORT MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM INDUSTRY, CORPORATE CATEGORY

PEARL FARM RESORT DAVAO CITY MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, INDIVIDUAL CATEGORY

MT. KITANGLAD AGRI-VENTURES, INC. (MKAVI) MOST OUTSTANDING MINDANAO BUSINESS LEADER IN BANKING & FINANCE, INDIVIDUAL CATEGORY

D‘ ASIAN HILLS BANK MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL CATEGORY

DUKA BAY RESORT INC. MOST OUTSTANDING MINDANAO BUSINESS LEADER IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL CATEGORY

EDEN NATURE PARK MOST OUTSTANDING MINDANAO BUSINESS LEADER IN MEGA-ENTREPRENEUR CATEGORY

LIMKETKAI GROUP OF COMPANIES MOST OUTSTANDING MINDANAO BUSINESS LEADER IN MEGA-ENTREPRENEUR CATEGORY

ZEALEP INC. MOST OUTSTANDING MINDANAO BUSINESS LEADER IN SME ENTREPRENEUR CATEGORY

SPECIAL AWARDS:

DOT-10, Dir. Catalino E. Chan III VIP Hotel Dynasty Court Hotel Alma Mae Roa Mimi Parrel Pimentel BOARD OF JUDGES: ARIEL SEBELLINO - Exec. Director, Philippine Press Institute RUDOLF A. KOTIK - Chairman, RK Franchise Consultancy, Manila MA. THERESAS ALEGRIO - President, Oro Chamber PED QUIAMJOT - Manager, Pryce Plaza Hotel RUBEN VEGAFRIA - President, Promote CDO NELSON CONSTANTINO - Editor in Chief, BusinessWeek Mindanao

SLERS MOST OUTSTANDING MINDANAO BUSINESS LEADER IN TRANSPORT SERVICE INDUSTRY

YANSON GROUP OF COMPANIES MOST OUTSTANDING MINDANAO BUSINESS LEADER IN BROADCAST INDUSTRY

RADIO MINDANAO NETWORK MOST OUTSTANDING MINDANAO BUSINESS LEADER IN SPORTS & ENTERTAINMENT

PARAS FAMILY