JUNE 29,2012 BUSINESSWEEK MINDANAO

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AgNor investments BUTUAN City -- Agusan del Norte Governor Erlpe John Amante recently said in his report to the province, the year 2011 brought unprecedented growth, as evidenced by the total investment inflow of P1.78 billion, considered as the highest in Caraga Region.

“This more than doubled the P700 million investments in 2010,” he added.

Amante said the international trade policy negotiation, industry, and MSME development and investment promotion services have contributed to the giant leap in the province’s economy.

“Businesses have flourished as well, as reflected by the increase in the number of establishment registered which rose from 1,754 in 2010 to 2,172 in 2011,” Amante said.

By MIKE BAÑOS Correspondent

NEW mini hydroelectric is expected to boost investment and A further improve the global competitiveness of this capital city of Northern Mindanao when it comes online in 2014.

Principals of the Turbines Resource & Development Corporation (TUREDECO) broke ground for the new project June 22 at the project site in Limbatangon, Sitio Narulang, Barangay Lumbia and Baungon, Bukidnon.

It will be built at the left bank of the Cagayan River approximately 142 meters downstream from the junc-

tion of the Cagayan and Bubunawan Rivers.

“Our run-of-river plant will have an installed capacity of 9 megawatts and will be a merchant plant with on-grid connectivity,” said Fr. Emeterio J. Barcelon, S.J., TUREDECO president and CEO. “Civil works will be undertaken by PHESCO Inc. while electro-mechanical

works has been commissioned to FLOVEL/KALTIMEX (Philippines). The Professional Construction Management Consultant of the project has been awarded to Petra Konsult & Associates, Inc.” “The project is estimated to cost around P1.5-billion,” said Edgar N. Seronay, seHYDRO/PAGE 7

PHOTO COURTESY OF ENGR. ELPIE M. PAR A S

Mindanao power grid placed under red alert

More financing ENTREPRENEURS of small and medium enterprises (SMEs) needing more money as working capital, business expansion, or financing of trade receivables have another option.

The Bank of Makati, the largest rural bank and the fourth largest savings bank in the country, is helping these firms grow their businesses through various loan facilities.

“We offer many types of business loans that fit your requirements. Loan amounts range from P300,000 to P300 million. Interest rates and terms of payments are negotiable,” said Veronica Salvador, senior manager of the Bank’s North Luzon Branch Lending Division.

Malaybalay Bishop Jose Cabantan presides over the blessing and capsule laying of the Limbatangon Mini Hydro project last June 22 at the project site as project champions led by the Barcelon, Arguelles and Lagapa families look on.

United States Ambassador to the Philippines Harry Thomas stresses a point Thursday at the N Hotel in Cagayan de Oro during the awarding of HACCP certificates to ten Mindanao companies under a USAID assistance project.

The certificates are for hazard analysis and critical control points, an international certification that is a key requirement in export markets.

PHOTO BY:GERRY L. GORIT

MANY portion of Mindanao could experience one to four hours of daily power interruption due to the curtailment implemented by the National Grid Corp. of the Philippines (NGCP), a distribution official said.

South Cotabato Electric Cooperative I (Socoteco I) general manager Santiago C. Tudio said the Mindanao grid is now in a red alert status, meaning a severe deficiency in power supply.

“We have [again] a lack of power supply for the island,” he said, citing a grid advisory sent to cooperatives.

T he NGCP Web site showed a Mindanao power deficiency of 210 megawatts (MW) on Wednesday, June 27. On Tuesday, a one-hour

power outage hit this city abruptly. This morning, a 15-minute power interruption also occurred here, the seat of government of Central Mindanao.

Mr. Tudio blamed Tuesday’s brownout on the breakdown of one of the coal-fired power plants of STEAG State Power Inc. in Villanueva, Misamis Oriental.

Jerome R. Soldevilla, STEAG public relations officer, confirmed the company’s coal mill unit 2 experienced a problem, reducing capacity by 50 MW to 150 MW from 6 a.m. to 4 p.m.

“We’re now back to 200 MW and operating on a normal level,” he said in a phone interview.

POWER/PAGE 11

LGUs want more authority in mining program

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

Cell No.: 0917-304-6195

BACK TO SCHOOL PROMO!

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RICKY REYES & DAVID’S SALON Makati City

DAVAO City -- Local government units in the Davao Region are expecting a bigger say in the new mining policy that the national government will release soon.

This was expressed by Governors Arturo T. Uy of Compostela Valley, and Corazon N. Malanyaon of Davao Oriental, both highly mineralized provinces that host both large-scale and

small-scale mining operations.

“The revenue (share) should also go directly to host local government units,” said Mr. Uy who clarified he is not among the reported 40 governors who are against the

proposed mining executive order.

The governor of Compostela Valley earlier said that the share of the province from the mining was only about P23 million, with LGU/PAGE 11

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June 29-July 1, 2012

Economy

BusinessWeek

MINDANAO

Robredo: Gov’t seeks to curb illegal logging, mining in Caraga

By ROBERT E. ROPEROS. Contributor

Secretary Jesse Robredo

BUTUAN City -- Interior and Local Government Secretary Jesse Robredo said the government is serious in curbing illegal logging and mining activities in Caraga Region.

In a press conference held here on Wednesday, Robredo emphasized that in order for these illegal activities to stop, the government has been coordinating with the security forces such as the Philippine National Police (PNP).

The DILG chief also pointed out that those who are involved in these illegal activities should be held responsible in accordance with the law.

Robredo said government officials and employees who are involvaed in illegal activities willa be relieved of their positions, and added that he will personally recommend to President Benigno Aquino III to relieve the said officials and government employees

from their positions.

F u r t h e r, R o b r e d o stressed that the local media is of great help in the government’s effort to curb illegal logging and mining operations in Caraga Region. He requested the media present to be with the PNP as they will serve as witnesses to the efforts of the police to stop these activities.

Robredo was here to grace the Tapatan on Disaster Preparedness in Caraga Region.

The activity, which is anchored on two themes: “Preparedness Saves Lives” and “Kaluwasan sa Katalgman Kinahanglan Pangandaman,” also highlighted Robredo’s call to action in disaster readiness and response, as well as the signing of the pledge of commitment by the participants coming from the all local government units (LGU) in the region emphasizing the urgency and significance of placing disaster preparedness on top of the priority

development agenda for LGUs as mandated under Department of the Interior and Local Government (DILG) Circular 2010-143 dated December 9, 2010.

Said circular also aimed at strengthening LGU’s capability, particularly of the Disaster Risk Reduction and Management Council’s.

This is also pursuant to Republic Act 10121, otherwise known as the Philippine Disaster Risk Reduction and Management Act of 2010.

BFAR sees tuna catch up by Dec.

By JEANEVIVE D. ABANGAN Contributor

DAVAO City -- The Bureau of Fisheries and Aquatic Resources (BFAR) expects the Philippine tuna catch to bounce back by 70,000 metric tons to 80,000 metric tons as Filipino fishers are now given access to High Seas Pocket 1.

In a recent interview with the media, BFAR National Director Attorney Asis Perez revealed that the Regional Fisheries Management Organization for Asia and the Pacific had given its approval in March this year for the Philippines to fish in the High Seas Pocket 1, which has been off limits from fishing for three years.

The High Seas Pocket 1 covers the high seas bounded by the exclusive economic zones or EEZs of the Feder-

ated States of Micronesia, Republic of Palau, Indonesia, and Papua New Guinea, Perez said.

Increase in tuna catch can be noted in December this year as soon as the Filipino tuna fishing fleet can venture again at the traditional tuna high-sea fishing grounding starting September this year.

The Philippines in December last year sent a team in Palau to negotiate with officials of the Western and Central Pacific Fisheries Commission for the reopening of High Seas Pocket 1 which reportedly was closed “to address the overfishing of various types of tuna like big-eye, yellowfin, skipjack, and South Pacific albacore.”

Perez said the closure not only dragged down tuna production by 30 percent but also created “a social problem” among Filipino

fishers who are competing for fish catch in the Philippine territorial waters.

Perez bared that the Philippines has proven before the international fishing body that the Philippines is a spawning ground of highly migratory fishes such as tuna, as larvae have been recovered in Philippine seas.

“If the Philippines won’t be allowed to fish the high seas, we are to fish the spawners,” he said but quickly explained that such would be detrimental to the overall tuna stock management.

Perez, however, said that the permission to fish the high seas is given to the Philippines under strict regulation that it has to follow.

However, he said that the Philippines had assured the international fishing regulatory body of the country’s adherence to its commitment.

DA allots P7.5M for rubber production in Lake Sebu KORONADAL City -- Soccsksargen Region’s Department of Agriculture (DA-12) has allotted P7.5 million for the development of rubber production in Lake Sebu town.

The undertaking in line with its efforts to boost production of rubber as one of

the priority high value crops, according to a report from DA 12’s Regional Agriculture and Fisheries Information Division.

The amount, the report says was allotted to the Rubber Enterprise Development Project in the provinces’ primary eco-tourism desti-

nation and coursed through the AgriPinoy High Value Crops Development Program (DA-HVCDP).

This initiative is in collaboration with the New National Agribusiness Corporation (NABCOR) and the Likas Kayang Kaunlaran Foundation Philippines, Incorporated (LKKFPI).

“This project was established to develop the rubber nursery in the locality that would build up the enterprise where agribusiness should be the utmost frontline in advancing economic growth,” NABCOR President Honesto Baniqued said.

The project, he pointed out, will also address farmers’ needs like the availability of rubber seedlings.

Martin P. Atinen, Jr., LKKFPI executive director, added, that the development of this rubber project seeks to improve the quality of life of the communities through generation of job opportunities.

Besides enhancing the skills of the members of these communities, the project is also a means of reforestation thereby cushioning the efLAKE SEBU/PAGE 10

BusinessWeek

MINDANAO

Corpboard

Cebu Pacific cuts surcharge Fuel surcharges are part BUDGET CARRIER Cebu Pacific has begun of ticket prices that allow to slash fuel surcharge fees for its domestic carriers to cover the cost of flights due to a drop in global fuel prices.

The airline said in a statement that it has started yesterday to implementing the reductions, which roughly amount to P100 less for flights between Manila and destinations in the Visayas and Mindanao as well as fl ights

within select Luzon routes.

Flights between Manila and select Luzon destinations will likewise see a P50 surcharge reduction as will flights between Visayas and Mindanao and within those two areas.

rising jet fuel prices, which account for the bulk of airlines’ operating costs.

Global fuel prices stand at $114.4 per barrel, down by 12.4% from the same period last year, according to latest data from the International Air Transport Association.

Vista Land poised to hit P4.2-B profit for 2012 VILLAR-LED Vista Land & Lifescapes, Inc., is poised to meet its P4.2-billion profit target for this year given favorable indications in the fi rst half, an official said.

“We’re on track to hit the targets we were talking about,” Manuel Paolo A. Villar, the company president and chief executive, said in briefing following ceremonies for the firm’s fifth listing anniversary.

The company had earlier announced that it was expecting to book P4.2 billion in profits, up 20% from last year’s P3.55 billion.

Revenues, meanwhile is targeted at P16.1 billion, up by 20% from last year’s P13.5 billion.

The company is also eyeing to book reservation sales of P40.2 billion, also up by 20% from last year’s P30.5 billion The confidence comes as

the company’s biggest housing line has been performing well.

“Reservation sales for the Camella brand has been very strong and, of course, there were expansions,” Mr. Villa said.

The company, whose sales are mostly to overseas Filipino workers’ families, remain insulated from the crisis in Europe, he said.

“Fortunately, we haven’t seen results affected significantly by the European crisis,” he said. “Sales have been very strong, both reservation sales and real estate revenues sales.”

“We are on our way to achieve our target of at least 20% growth in 2012 over 2011,” he added.

Already, the company grew by 22% to P1.06 billion in the fi rst quarter from last year’s P873 million.

The company launched

nine major subdivision projects in the first quarter, eight of which are from the low and affordable segment, with Puerto Princesa and Candon City in the Ilocos region as new locations.

Mr. Villar also said that the company will be opening additional subdivisions in the second half, but declined to specify locations.

He added that the company is not closing its doors for public-private partnerships projects (PPP).

“The PPP projects are mostly infrastructure. To a certain extent, we would look into those that are related to our business,” he said.

“We have our own business model, so it (the PPP project) has to fit in,” he said. “We will look at it very carefully, if it is related and appropriate...” he said.

June 29-July 1, 2012

3

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Companies

June 29-July 1, 2012

2Go makes bid for expansion 2GO Express Inc. has asked the Civil Aeronautics Board (CAB) to grant it authority to operate as a domestic airfreight forwarder.

In a June 20 notice issued by the board, 2G0’s application will be reviewed by the CAB on or before August 24. “Parties opposed to the granting this application must file their written opposition on or before the said date. Failure to register its opposition on time shall be construed as a waiver of its right to be heard,” said CAB. 2GO Express is a unit of 2GO Group, Inc., formerly ATS Consolidated, Inc. It disclosed P213.22 million in net losses as of end-March this year from P228.38 million in the same period a year ago.

2GO/PAGE 7

BusinessWeek

MINDANAO

PAL gets brand new Boeing 777-300ER FLAG carrier Philippine Airlines (PAL) took delivery another Boeing 777 aircraft last week, its third of the six units it ordered until 2013.

The Boeing 777-300ER aircraft arrived in Manila from the Seattle, Washington where the plane maker is based.

The new aircraft f lew to Cebu on Saturday for its maiden flight. The flag carrier also plans to utilize the plane for flights to Vancouver in Canada, Japan and Hong Kong.

The first two Boeing777 units arrived in November 2009 and January 2010. PAL said there will be another delivery in November while the fifth B777 is scheduled for delivery in April 2013 and the sixth in November of the same year.

PAL, under its new man-

agement, will undergo a modernization program of its fleet with a cost of $500 million.

In April, San Miguel Corp. (SMC) acquired 49 percent of PAL’s publicly listed parent firm PAL Holdings.

PAL Holdings disclosed that its majority shareholder Trustmark Holdings Corp. has signed investment agreements with a unit of SMC resulting in the issuance of shares to the diversified conglomerate. “The investment through Trustmark will be flowed down to Philippine Airlines, which is expected to strengthen and enhance the operations of the airline,” PAL said.

The investment was made

by SMC through a wholly owned unit, San Miguel Equity Investments Inc. (SMEII).

Under the agreement, Trustmark and Zuma Holdings and Management Corp.—the holding companies of PAL

and Air Philippines Corp. will issue new shares to SMEII. PAL Holdings’ consolidated total comprehensive

losses for the nine months of its fiscal year ending December 31, 2011 reached P3.6 billion.

Globe Telecom remains Asia’s top firms

FOR A GREENER ENVIRONMENT Employees of energy-firm STEAG State Power Inc. participate in a tree-growing activity as part of the nationwide commemoration of June as Environment Month. Through the

years, Steag has been at the forefront of greening the environment by growing trees through the companysupported 2,200 hectare Carbon Sink and Urban Forestry Projects located in

Cagayan de Oro City and Misamis Oriental. Steag recognizes the necessity of promoting a healthier ecosystem through the rehabilitation and re-greening of the environment.

LEADING telecommunications company Globe Telecom was again recognized by institutional investment publication Alpha Southeast Asia as one of the region’s top companies due to its strong Investor Relations Support and Dividend Policy.

Globe is one of the three top choices for the following categories: (1) Best in Senior Management IR Support; and (2) Most Consistent Dividend Policy. The second Institutional Investor Corporate awarding ceremonies organized by Alpha Southeast Asia will take place next month.

“Globe Telecom remains one of the most attentive companies on the radar of most buy-side investors and analysts today and therefore, we too are pleased to see the

company rated well among investors in our unique investor poll for the second year running,” said Siddiq Bazarwala, publisher of Alpha Southeast Asia.

Ernest L. Cu, Globe President and CEO was pleased with the recognition accorded to it by Alpha Southeast Asia. “We at Globe are committed to high standards of disclosure, transparency, and accountability. We take pride in the company’s consistent performance over the years and increasing shareholder value,” he said.

For t he a nnua l pol l, votes were collected from more than 460 investors and analysts across the region, a slight increase from last year’s figure of 450. The participants included fund managers with investment

interests in Southeast Asia, large institutional investors, insurance companies, pension funds, funds of hedge funds, private banks, equity and fixed income brokers as well as buy-and-sell analysts.

Other categories include Most Organized Investor Relations, Strongest Adherence to Corporate Governance, Best Strategic CSR, Most Improved Investor Relations, Best CFO in Southeast Asia, and Best Annual Report in Southeast Asia.

In all, 47 Southeast Asian publicly-listed companies were ranked, representing the crème de la crème of best practices.

A key distinguishing feature of the investor poll is that it also adventurously publishes names of comGLOBE/PAGE 7

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALE EJF No. 167-07-2012

NOTICE OF EXTRA-JUDICIAL SALE EJF No. 164-07-2012

NOTICE OF EXTRA-JUDICIAL SALE EJF No.162-07-2012

Upon the Extra-Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1st Valley Bank Inc. Baroy, Lanao del Norte against CRESENCIA R. CABIGAS, kapatagan, Lanao del Norte to satisfy the indebtedness which as of September 13, 2012 amounting to NINETY FIVE THOUSAND PESOS (Php 95,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 7th day of August 2012 at 10:00 A.M or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit;

Upon the Extra-Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1st Valley Bank Inc., Baroy, Lanao del Norte against WENEFREDA PANCIPANCI, Magpatao, Lala, Lanao del Norte to satisfy the indebtedness which as of June 04, 2011 amounting to TWO HUNDRED THOUSAND PESOS (Php 200,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 7th day of August 2012 at 10:00 A.M or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

Upon the Extra-Judicial Petition for Sale under Act. 3135/1508, as amended, filed by the 1st Valley Bank Inc., Baroy, Lanao del Norte against ANILYN PAKIT, Poblacion, Pigcarangan, Tubod, Lanao del Norte to satisfy the indebtedness which as of May 14, 2011 amounting to TWO HUNDRED THOUSAND PESOS (Php 200,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 7th day of August 2012 at 10:00 A.M. or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

ORIGINAL CERTIFICATE OF TITLE NO. P-529 “A parcel of residential lot situated at Poblacion, Municipality of Kapatagan Province of Lanao del Norte Island of Mindanao, with an area of THREE HUNDRED SEVENTY SEVEN (377) SQUARE METERS more or less, including all the improvements found thereon such as: 3 mango trees, Banana, res house & etc., more particularly described and bounded as follows: Lot No. 1738-B, Csd-10-016623-D Bounded on the SE., along line 1-2 by Lot 1737, Pls-35, and on the SW., along line 2-3 by Lot 1739, Pls-35, and on the NW., along line 3-4 by Lot 1738-A, Csd-10-016625-D, and on the NE, along line 4-1 by Road.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this June 7, 2012.

ORIGINAL CERTIFICATE OF TITLE NO. P-5631 “ A parcel of Agricultural land known as Lot No. 346-D, Csd10-000187, situated in Magpatao, Municipality of Lala, Lanao del Norte, Island of Mindanao, Philippines. Containing a total area of Ten Thousand Two (10,002) Square meters, more or less including all improvements found thereof such as coconuts, mango, banana and particularly bounded as follows.

Lot No. 346-D-Csd-10-000187 Bounded on the North., along line 1-2, by Lot 346-1, Csd-1000187: on the East, along line 2-3 by Lot 346-E, Csd-10-000187; on the south, along line 3-4 by Lot 352, Pls-13 and on the West, along line 4-1 by Lot 346-C, Csd-10-000187.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this June 7, 2012.

TRANSFER CERTIFICATE OF TITLE NO. T-26,645 “A parcel of cocoland situated at Tangueguiron, Tubod, Lanao del Norte containing an area of THIRTY SIX THOUSAND SEVEN HUNDRED SEVENTY EIGHT (36,778) SQM more or less including all the improvements found thereon more particularly described and bounded as follows: Lot No. 127-B Csd-12-004943 Bounded on the NE., along line 5-1 by Lot 122 Gss-372; on the SE., along line 1-2 by Lot 127-A Csd-12-004552 on the SW., along line 2-3 by Guillermo Jumalon and on the NW., along line 3-4 by 130, Gss-372 and along line 4-5, by Lot 126, Css-372 All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this June 7, 2012.

BWM: JUNE 15, 22, & 29, 2012

For the Clerk of Court and Ex-Officio Sheriff

For the Clerk of Court and Ex-Officio Sheriff

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IV

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IV

BWM: JUNE 15, 22, & 29, 2012

For the Clerk of Court and Ex-Officio Sheriff

BWM: JUNE 15, 22, & 29, 2012

(Sgd.) CONRADO V. HINGCO, JR. Sheriff IV

Motoring

BusinessWeek

MINDANAO

June 29-July 1, 2012

5

Ford to shut down PH assembly operations THE company said the closure stems from the country’s small automotive market and the global phase-out of the US carmaker’s remaining Philippine-assembled model, the Ford Escape SUV. “Today we announced that our Santa Rosa manufacturing operations in the Philippines will close at the end of this year. The plant closure is part of the restructuring of our regional manufacturing operations to improve efficiencies and costs, and better leverage economies of scale. During a lengthy and extensive assessment, Ford looked at every possible opportunity and scenario to bring a new product program to the Philippines, but ultimately we could not build a strong enough business case,” the company said in a statement issued on Wednesday.

Located at the Greenfield Automotive Park in Sta. Rosa, Laguna, Ford’s $270-million factory can assemble 36,000 vehicles a year, across four different

vehicle platforms. Besides the Escape, the Laguna plant used to assemble the Ford Lynx sedan, Ford Ranger, Mazda Tribute SUV, Mazda3 sedan and Ford Focus.

The factory employs 360 people, but its closure would displace 250, with the remaining 110 to stay on and support sales and marketing.

During a briefing, Peter Fleet, Ford Motor Co. Asean president, said management will sit down with the affected employees to have “personal conversations” so that they would be able to get an idea as to what the workers’ options are.

“Clearly we will have a redundancy program for our employees but we will continue to have a sizeable national sales company in the Philippine, which will continue to offer employment. We clearly have opportunities with our dealers too, where we are growing our dealer network, doubling it by 2015,” he said.

Ford was the only participant in the Philippine

government’s auto export program, having shipped 80,000 units worth more than $1 billion since 2002.

Besides the Escape, the company had shipped the Focus and Mazda3 models to other Asean countries, including Thailand, Indonesia, and Malaysia.

The company ended local assembly of the Ranger in December 2002, followed by the Tribute in November 2009, the Mazda3 in January 2012 and the Focus this month.

Edward Krieger, Ford Philippines chief, had said the cost of building and shipping out a Focus from the Philippines was $1,500 more expensive than in Thailand. This gap was “too big” to justify the export of the model, he said.

The $400-per-unit fiscal incentive the Philippine government gave to the company expired two years ago. The company asked the Aquino administration to reinstate this fiscal perk to keep local production of the Escape to

Major improvements for upgraded Kia Sorento KIA’S hugely successful Sorento CUV will receive a host of significant improvements when the new upgraded model goes on sale later this year in most markets. Significant changes include a re-engineered bodyshell, enhanced powertrains for best-in-class fuel economy with lower emissions; improved ride; handling and refinement; additional convenience and safety features; and a fresh new look for the exterior.

“Since its introduction in 2009, the second-generation Kia Sorento has achieved more than 620,000 sales around the world. Today, it is manufactured in Korea

no avail.

Ford was one of the local car assemblers that had lobbied for a new motor vehicle development program, aimed at sustaining domestic manufacturing.

The Aquino administration however had opted not to pursue the program.

Ford ’s domestic sales fell to 675 units last month from 677 in April. Domestic sales were driver by the Ford Fiesta and Ford Explorer, both completely built up units imported from other

markets. The company also imports CBUs of the Everest, Ranger, Expedition, and Chateau Wagon models.

“Although we are closing the Santa Rosa manufacturing facility, Ford remains absolutely committed to the Philippines. Our national sales company (Ford Group Philippines) will continue to support the marketing, sales and service of Ford vehicles through our growing nationwide network of authorized Ford dealers,” the company said.

MAKE YOUR IDE NTIT

“Ford is poised for continued growth in the Philippines, supported by the introduction of eight all-new One Ford vehicles by middecade, including all-new Ranger and all-new Focus, as well as the Ford Mustang this year. We are also planning the continued expansion of our authorized Ford dealer network, which will include opening 12 new dealerships this year and doubling the network by 2015,” the company added.

Y

STANDOUT! Refreshed Kia Sorento

and the USA, attracting over 130,000 U.S. customers last year to rank as the best-selling Kia model in the States for the second year in a row,” commented

Thomas Oh, Kia’s Executive Vice President & COO of the International Business Division. “We have given very careful attention to KIA/PAGE 7

Toyota breaks own sales record in May this year TOYOTA continues to lead the Philippine automotive industry for the month of May with a record breaking sales level reckoned from the start of its operations in the Philippines in 1989.

Filipino workers at the Ford assembly plant in Sta. Rosa, Laguna in 2002. The US auto giant said Wednesday it is to close its vehicle assembly plant in the Philippines by the end of the year, with the loss of 360 jobs, as part of an ongoing restructuring across Asia.

According to the most recent report from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), Toyota sold a total of 5,977 units for the month of May, beating its

New Toyota Vios

own record registered in October 2011. This figure also reflects the most number of units sold in a single month by any manufacturer in the country to date.

The locally manufactured Toyota Vios, the country’s best-selling vehicle, played a key role in achieving the exemplary performance by the No. 1 automotive manufacturer in the Country.

The recently launched latest model of the Toyota Vios also registered an all-time high due to the encouraging reception to its new enhancements, further strengthening Toyota’s PC market share to 45%.

TOYOTA/PAGE 7

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June 29-July 1, 2012

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Opinion

authority and accountable to the people—and to God— running the show.

Through some agreed processes, people in a democracy decide how things ought to be done—what kind of government they want, how are leaders to be chosen, how are officials held accountable for their acts, etc.

It just cannot be an unorganized government “of the people, by the people and for the people.” Chaos is sure to erupt if we leave it that way. It needs a deeper grounding.

Ultimately, it has to believe in God and to obey his laws. Otherwise, it would be setting out on its own, relying on its lights which cannot be guaranteed, and we would be at the mercy of who has the most money, the best armed, the most popular, etc.

Democracy would overstep itself if it detaches itself from God, and just relies completely on the so-called people’s will. Mob rule will sooner or later come. The dictum “vox populi, vox Dei” would be emptied of its original meaning.

We have to be clear about

MINDANAO

The Invisible Father THINK a minute…

A 58-year-old man was sharing his memories of his father. He said his father had been a workaholic who was always busy with work and his own personal interests.

He never came to his son’s sports games or activities.

In fact, the son said his dad almost never spoke to him.

By the time the son was 18 years old, in his last year of school, he’d become a very good football player. When his team qualified for the championship, he begged his father to finally come see him play this one time; so his dad promised he’d be there.

On the day of the championship, the son was on the field warming up just before the game when he

saw his dad come into the stadium with two other men.

Then, just before the game started, his dad left with his friends and never returned.

It’s now been 40 years since that day, yet this 58-year-old son says the painful rejection and disappointment he felt as a teenager is still very real. When his father recently died at age 83, he stood alone next to his dad’s coffin at the funeral home and said: “Dad, we could have shared so much love and good times together, but I never knew you.”

Thinking back on this man’s childhood, and especially that day of the football game, I wonder what that father thought was more important than being there for his son. Was his time

with business associates more important than caring and being interested in the success of his own son?

That father let the years go by without doing his job at home. He failed in his most important responsibility as a father.

A father has tremendous power and influence in the lives of his children.

Studies have shown that the number one cause of troubled boys and young men is that they had fathers who didn’t really care. They didn’t spend time with their sons so they weren’t close to them.

There are millions of invisible fathers like this.

But “No man stands as tall, as when he stoops down to help his s on.” How

Philippines as retirement haven OPENING our country to foreign retirees is a unique concept to invite senior investors to enhance their sense of dignity, usefulness and self respect while promoting their health and wellness. Executive Order No. 1037 which was signed by the former late President Ferdinand E. Marcos on July 4, 1985, created the Philippine Retirement Authority or (PRA) under the Office of the President. It was transferred to the Board of Investments (BOI) on August 31, 2001 by then President Gloria Macapagal Arroyo.

The Philippine Retirement Authority provides a range of services to help

Democracy in the Church BECAUSE of some hotbutton issues like the RH Bill, and now divorce, the charge is thrown into the open that the Church is dictatorial, is not democratic. I suppose, if we follow this line of thinking to the end, we will arrive at the conclusion that the Church is inhuman, is bad, and therefore should be killed, extinguished, annihilated.

Of course, this is a ridiculous. This brings us to the realization that in our discussions, our passions should be held in control.

Otherwise, they would just mess up with our reasoning, exposing our biases, and leading us to all sorts of non-sequiturs, fallacies and ad hominems.

I find the charge both understandable and without basis. Both principal terms of the charge, democracy and Church, are complex phenomena that just cannot be treated lightly. They can lend themselves easily to all kinds of interpretations, including the wrong ones.

Democracy, while people-based, simply cannot work if no organization is put in place there, with leaders vested with some

BusinessWeek

HINTS AND TRACES

FR. ROY CIMAGALA this: democracy needs God. It’s not just a people thing.

It has to take care that this need for God is always felt, nourished and developed, especially as it enters into its more challenging, difficult stages.

The truth is that God is always present and is guiding us through his Providence in all aspects and situations of our life—be it in the personal, individual level or in the social and governmental level. God is there and it is for us to find him, discern his will and act upon it.

Now the Church is a different banana. It’s not a people thing. It’s the people CIMAGALA/PAGE 7

foreign and Filipino overseas retirees who have spend their time working and living abroad to settle comfortably in the Philippines. It is a come on tourism product that promotes the autonomy of senior citizens express their health needs and values maintain a quality of life in a situation where normal health, illness or injuries are taken care and prioritize proportionate to their needs before undergoing the process of dying.

Retirement homes for senior citizens may not necessarily be in the enclaves of the rich or in the exclusive subdivisions of the major cities. In our country, eco-tourism desti-

nations are good locations for retirement villages and could be a magnet for other investments for modern clinics or hospitals. With balance weather of the dry and wet seasons, retirement homes can be established in a sub tropic municipality, like Panglao of Bohol or a coastal village of Laguindingan, Misamis Oriental. It could be also located in a temperate weather zone that enjoys the bless of the sun and fresh air like Manolo Fortich in Bukidnon.

Retirement homes in the Americas are not what it used to be with senior citizens left to the care at the home of the ages by nurses and health work-

THINK A MINUTE

JHAN TIAFAU HURST about you? Do you need to give more time and attention to your children? It’s never too late to change.

Why not ask Jesus Christ to forgive you for your failures as a father? Then ask Him to help change you so you can become the caring, loving father your children need.

Just think a minute…

TRAVERSING THE TOURISM HI-WAY

PED T. QUIAMJOT ers. Retirement funds are drying with their health care becoming a less priority of the bureaucracy affected with budget cuts and deficits as a result of a declining economy. Senior citizens are increasing and the government services are constantly declining. PenQUIAMJOT/PAGE 7

More on the survivor guilt or ego THE Arab Spring as it continues to rage taking on lives in the name of Demo-crazy has taken a turn towards a new found frustration.

There is no redress for their new found governments. The best example would be Egypt in their first “free” election where their freedoms are stymied with their new elected president.

Was it all worth it then?

Whichever way it turns, as far the personality of their leaders and of courses their shady backgrounds, if only freedoms and civil liberties were upheld, no worries.

The creeping revolutions would have been well worth the sacrifices if only the installed leaders practice some survivor guilt.

The problem is instead of addressing the ills of its constituents, the prevailing attitudes are towards a survivor ego now that power has been installed.

The educated know only too well that for economic stability there needs to be some semblance of social equality. When the poor is not addressed and is wide-spread there can be no progress and a sustaining economic development.

What is Alarming is the widening gap of the rich vis a vis the poor in no less the United States of America.

The rich and the powerful become its leaders in government contaminating its legislation and legislators, the executive representations and even the judiciary.

It is not enough the power to implement unjust rulings be it for the countries laws or its religious compliment, but it is the very same men who create what is legal and use this to depress the more unfortunate.

Sad as it may sound this is the strategy the world over and unless we address this, social inequality will only hasten the eruption of the social volcano. This is inevitable. There is no place on earth you will live in peace if the poor that is growing exponentially is right outside your walls.

What is baffling is how the rich and many of which are educated refuse to correct the social ills and laws that govern them. How on earth can one man or his family own for example 6,000+ hectares of land when there are only say 20 to 30 of them in the fam-

SUPERBRANDING

HARRY TAMBUATCO

ily? How can the countries billionaires amass so much wealth in a country with so much of the poor that starve and live on one if not two meals a day?

This misery of the poor is compounded with the inequality that is justified, rationalized and implemented with the force of the law that was created by the same social class for their interest. Shouldn’t we instead be in a race to improve the lives of the majority considering it is already the year 2012?

To celebrate the successes of a few published in no less the major broadsheets for all to read and see is like rubbing salt on TAMBUATCO/PAGE 7

BusinessWeek

June 29-July 1, 2012

MINDANAO

South Cotabato Municipalities upgrade Tax Collection System

KORONADAL CITY – The ten municipalities comprising the Province of South Cotabato will soon be using a single property and business tax collection system after sealing a deal with Philippine Veterans Bank.

Under the recently-signed Memorandum of Agreement between the Provincial Government and Veterans Bank, the new system will automate real property and business tax collections operations thereby enhancing the delivery of such services for the benefit of each municipality’s residents & businesses. At the same time, this is foreseen to improve business & real property tax collections. As the Provincial Government of South Cotabato is also using the same tax collection system, this would mean seamless interface between each municipality and the Provincial Capitol.

Toget her w it h Veterans Bank EVP and Branch

Quiamjot... from page 6

sioners funds ranges from USD 700 to USD 800 per month among the retirees or roughly equivalent to P36, 000 per month to the Philippine currency.

The rate of sur vival in the US with this amount is increasingly becoming difficult among retirees with increasing cost of health care.

Government requirements to retire in the Philippines comes less with USD 50,000 guaranteed money to be deposited in any Philippine commercial bank before documents and unrestricted visa can be processed. Dollars currency can be converted to pesos and could also be reconverted back to dollars and be taken out from the country if the retiree chooses to return their countries.

Stretching the value of the dollars while living in the Philippines is a good budgeting option among those who would like to come home. Enjoying their children’s visit with the grandchild is better and more fun and exciting.

Corporate business has to look at the future and consider new programs and innovations to develop more retirement homes and villages in the country. Company visions can involve retirees residing to participate in making activities and care planning promoting their longetivity in living.

DMCI Homes is succeeding in Boracay.

Orchards Residences in Manolo Fortich is one good location and maybe the Puerto Heights of the Pryce Corporation along the Sayre Hi-way could be financially rehabilitated for retiree’s villages?

MoA Signing. Seated (L-R): Provincial Administrator Isidro J. Janita, Governor Arthur Y. Pingoy, Veterans Bank EVP & BBG Head Jesus Vicente O. Garcia, Veterans Bank AVP & Mindanao Area Head Marie Jean J. Carranceja.

(Standing, L-R): Provincial Secretary Felicitas F. Bigcas, Provincial Treasurer Elvira Q. Rafael, Provincial Assessor Office – Tax Mapper Felix S. Sadiang-abay, Provincial Planning Development Coordinator Danilo P. Supe, Provincial Accountant Cynthia F. Barrientos, Provincial Budget Officer Bernardita I. Vallar, Provincial General Services Officer Redella C. Salanga, Veterans Bank Koronadal Branch Manager Tranquilino C. Morante, Veterans Bank AVP & Branch Expansion Head Jose Francisco C. Ramos, and Veterans Bank Kidapawan Branch Manager Marlon C. Seguiza.

T’boli, and Surallah.

Aside from the real property and business tax collection system, the Provincial Capitol has also availed of Veterans Bank’s timekeeping and payroll system whereby its employees are enrolled

and issued timekeeping ID cards that also act as their payroll ATM cards.

The Provincial Capitol also has its own VeteranTeller ATM unit and also benefits from the bank’s deposit pickup and cash delivery services.

God. They are not subject to the approval of the mafrom page 6 jority. All we have to do is of God—that’s us—gathered to follow, since we are not together by Christ through only our own being, but his words and deeds and God’s first. ultimately through his passion, death and resurrection.

It has been given a struc- from page 6 ture by Christ, with Peter an open wound. But what and the apostles vested with about the guilt, the survivor power to preach, rule and guilt that has to be felt by sanctify it. Its structure is our billionaires unless of therefore did not come from course they too have turned us, though since it is for us numb and decided to justify and with us, it certainly is their existence instead with attuned to our nature and the survivor ego. to the way we are.

In spite of its human shortcomings and failures, from page 5 In the CV segment, ToyChrist has guaranteed that “the gates of hell shall not ota continues to maintain prevail over it.” Its life and a strong hold in this area effectiveness lie in Christ due to the sustained strong more than in us. So, while performance of key modwe acknowledge these hu- els including the Fortuner, man failings, we should not Hilux, Avanza and Innova.

Toyota Motors Ph i lexaggerate them either. We just have to move on, find- ippines (TMP) President ing solutions to problems Michinobu Sugata said TMP was able to fully get back along the way.

But we should not deny on track thanks to the new that the Church, in fact, model introductions since teaches the basis of democ- the start of the year and the racy, since it teaches what normalization of supply.

“Our record sales perChrist teaches—that we are all children of God, created formance was a result of the in his image and likeness. continued hard work of our As such, we enjoy equal Team Members and Regional dignity even if we have dif- Office to find ways to provide ferent functions and status the vehicles and serve our customers at the soonest in the Church.

We also have the same possible time,” Mr. Sugata duty and responsibility: to noted. “TMP would also sanctify ourselves and to do like to thank our customers apostolate. We have to like for patiently waiting. Our God, holy and full of love, customer’s loyalty and trust caring for one another. It in Toyota is what drives us dispenses divine mercy. It to do better and serve them fosters reconciliation, love the best way we can.” and unity. What could be more democratic than these?

It’s this nature and from page 5 character of the Church Division. “We have given that sometimes gives the very careful attention to impression that there is no feedback from owners, and democracy in it, since what the upgraded Sorento is not it is and does is something just a cosmetic exercise, but that does not depend on us, a major step forward for our popular CUV.” but rather on God. Kia’s designers have creThe truths of faith and morals are given to us by ated new headlamps with

LED positioning lights, a new tailgate with LED rear combination lamps; new bumpers (front and rear) with vertical-axis fog lights and a larger area of body-color surface; and an expanded choice of wheels to include larger diameter (19-inch) alloys.

Inside the five or sevenseater cabin, there are more soft-touch surfaces plus a new LCD instrument cluster, new center stack with 8-inch display screen, and a new console featuring a straight-gate selector with a leather-booted lever on automatic transmission models – reinforcing the vehicle’s more luxurious character.

Offered in black or beige cloth or leather, the interior can be bathed in natural light through a larger optional panoramic sunroof with no center cross beam and a powered blind.

Banking Head Jesus Vicente O. Garcia, South Cotabato Governor Arthur Y. Pingoy signed the agreement, on behalf of the Municipalities of Banga, Lake Sebu, Norala, Polomolok, Sto. Niño, Tupi, Tantangan, Tampakan,

Cimagala...

Tambuatco...

Toyota...

Kia...

Globe...

from page 4 panies that are not so well ranked by asking the same group of investors about companies perceived to have Poor Management Access & IR as well as Unpredictable IR Strategy.

Headquartered in Hong Kong , A lpha Sout hea st Asia has bureaus and correspondents in Jakarta, Kuala Lumpur, Manila, Singapore and Bangkok. The monthly magazine is the first and only institutional investment magazine primarily written for institutional investors, asset and fund management companies in Hong Kong, Singapore, other parts of Asia, US, Europe and the Middle East, who are usually not as exposed to the region as much as they are to North Asian economies.

The magazine also has a strong following among the region’s largest local corporations concerned about liquidity management, cash flow

7

XU hands over 500 chairs to Lumbia Central School

By XYLA MERCEDITA GUALBERTO

X AV I E R Un i v e r s i t y (XU) donated 500 plastic chairs with armrest to the Lumbia Central School Southwest District. The chairs were turned over on June 25 at the school’s covered cour ts led by Roel Ravanera, chair of the XU Lumbia Resettlement Project.

“I cannot explain in words how happy I am,” said Dr Daisy Lu, Master Teacher II, as she, together with some of her pupils, received the chairs.

The giving of chairs is XU’s response to the shortage of classroom facilities at Lumbia Central School due to the inf lux of new enrollees. A large number of these enrollees are from Xavier Ecoville, the XU-led resettlement site for 500 households maximization and financial supply chain optimization.

2Go... from page 2

Consolidated revenues stood at P3.3 billion, up 7 percent from the same period last year.

2GO Express is engaged in the movement of noncontainerized cargo.

Hydro... from page 1

nior assistant vice president and regional head for the Development Bank of the Philippines (DBP), which has been tapped as the lead bank for project financing.

In addition, the Land Bank of the Philippines granted the project a loan for the feasibility study through the CREB-PPF under the Environment Program and Management Departments.

“The construction of the plant will be financed under DBP’s Environment Program for Renewable Energy and is part of the bank’s commitment to environmental protection and sustainable development,” Mr. Seronay said. “Official development assistance (ODA) funds will be utilized for the project.

The equity portion for the plant construction will be shared by shareholders and investors.

The Limbatangon project was started 2004, endorsed by the Lumbia Barangay Council and Cagayan de Oro City Council in 2005 and by the Regional Development Council 10 (RDC 10) in 2010 as supportive of the national government’s agenda of energy dependence as stated under the 2004-2010 Medium-Term Philippine Development Plan (MTPDP) and also included in the 20072014 Philippine Energy Plan (PEP) of the Department of Energy (DoE).

The project secured an Environmental Compliance Certificate (ECC) from the

affected by Sendong.

This school year, there are more than 800 new enrollees at Lumbia Central School, the highest number the school has ever had. The teachers admit not having anticipated the sudden surge of new students. They are holding emergency classes which star t as early as 6 am and some lasting up to 6 pm.

Right now, there are as much as 70 students per class, with nine new sections added in t he grade levels. The existing classrooms have become insufficient for the current number of students that even the school library is being used as a classroom. Lumbia Centra l School is in need of more classrooms to facilitate and ensure the quality of learning and comfort of its students.

Environmental Management Bureau of the Department of Environment and Natural Resources (DENR) in June 2010 while the Department of Energy (DOE) awarded it a Renewable Service-Contract in 2012.

At present, the local utility Cagayan Electric Power and Light Company, Inc. (CEPALCO) has a $5.3-million one megawatt fully automated solar power facility in Bgy. Indahag and two embedded power generators operated by its affiliate Mindanao Energy Systems, Inc. (Minergy): the $ 10.2-million seven megawatt Bubunawan run-of-river mini hydro at Baungon, Bukidnon and the $21-million 18.9 MW diesel power plant at Bgy. Tablon upgraded last February 2012 to 42MW. Bubunawan was severely damaged by the flash floods of Tropical Storm Sendong last year and is slated for rehabilitation. Meantime, the Cabulig 8MW mini hydro in Claveria, Misamis Oriental is expected to be commissioned

by September this year.

CEPALCO’s embedded generators are credited with keeping Cagayan de Oro and its environs free of brownouts during the latest power shortage to hit Mindanao.

Besides Cagayan de Oro, only Davao City escaped the latest round of rotating brownouts also due to the embedded generators of the local distribution utility Davao Light and Power Co. (DLPC) which has a similar mix of renewable energy/ thermal power plants.

The local government of Cagayan de Oro and other business related organizations like the Oro Chamber have been striving to upgrade the city´s competitiveness as rated by the Philippine Cities Competitiveness Ranking Program (PCCRP) of the Asian Institute of ManageHYDRO/PAGE 11

8

June 29-July 1, 2012

Agri Business

BusinessWeek MINDANAO

DA introduces new farming machineries to lessen production losses

By KEVIN PATRICK V. MARIANO Contributor

THE Department of Agriculture (DA) will be having a three-day exhibit of agricultural machineries dubbed as “Makina-Saka 2012.” which will be held July 4-7 at the World Trade Center.

“Ang purpose ng Makina-Saka ay para maitaguyod ang competitiveness at efficiency ng rice industry.” said DA Undersecretary Joel Rudinas in a press conference on Thursday at the Apacible Conference Hall of the National Agricultural and Fishery Council (NAFC) in Quezon City.

Rudinas said MakinaSa k a 2012 wou ld help achieve the country’s food self-sufficiency, particularly for rice.

During the event, the DA will also launch the Food Staple Self-Sufficiency Program (FSSP).

Rud i na s noted t hat

mechanization is a very important component in the modernization of the country’s agricultural sector, and this event will allow farmers to view a wide range of agricultural machinery which they can acquire with the help of government funding.

He said spending for farm mechanization is the DA’s second priority to irrigation up to 2016.

Based on a study on farm mechanization trends in Asia, the Philippines has to catch up on mechanizing its agriculture sector to secure its food needs.

The study “Agricultural Mechanization at a Glance

Agri dep’t sets up ‘historic’ DA transparency project AGRICULTURE Secretary Proceso Alcala has ordered all regional and field offices to submit a complete report of the department’s ongoing projects.

Department of Agriculture (DA) Spokesman Assistant Secretary Salvador Salacup said the reports required would be used for a project on transparency and accountability in the department.

Among the information sought are the projects’ awarded cost, timetable of completion, cumulative amount of fund disbursements, current status, identity of the contractor and photos.

He, however, refused to give details on the project saying it is still in the conceptualization and development stage.

“When the time comes, it will be Secretary Alcala himself, not anyone else, who will make the announcement. This project is Secretary Alcala’s baby,” Salacup said.

He said the transparency project could keep the DA officials on their toes.

Some people from the DA central office were reportedly sent to the regions to help out in the information gathering and ensure the accuracy of the reports.

Selected Country Studies in Asia on Agricultural Machinery Development” written by Dr. Peeyush Soni of the Asian Institute of Technology in Thailand and Dr. Yinggang Ou South China Agricultural University in Guangzhou, showed that there is a great disparity in the farm mechanization level among Asian countries.

In the case of the Philippines, the study, stated that “(agricultural) mechanization level in the field crops sector is still in the developing stage.”

The authors, quoting a 2010 Economic and Social Commission for Asia and the Pacific (ESCAP) Social and Economic Survey, said that farm mechanization

can usher in a second “green revolution” in the region’s agriculture sector.

“Now, as the region aims for more balanced economic growth, it needs a second, more knowledge-intensive green revolution that combines advances in science and agricultural engineering with the region’s unique traditional knowledge to make agriculture more environmentally resilient,” it said.

The study said that countries like China, India and South Korea, among others, have achieved respectable levels of mechanization and even export agricultural machinery.

The study, however, did not cover Japan but many agriculture experts believe

OVER 9,000 hectares of land have been identified for distribution under the agrarian reform program, a notice published said.

T h e D e p a r t m e nt of Agrarian Reform (DAR), in a not ice of coverage published in a nationa l broadsheet, announced that 632 properties owned by 612 corporations, organizations a nd indiv idua ls have been placed under the Comprehensive Agrarian Reform Law. A total of 921,962 hectares is still up for redistribution under the program as of December last year.

The ag ra ria n reform

program was started during the administration of the late former president Corazon C. Aquino in 1988.

It was originally scheduled to run until 2009 but was extended until 2014 through an extension law.

One hundred and eight lands in the coverage are located in Sorsogon, 79 in Camarines Norte, 49 in Western Samar, 42 in Bulacan, 39 in Nueva Ecija, 34 in Pampanga, 33 in Leyte and 31 in Mindoro.

Another 22 lands each are in Compostela Valley and Lanao del Norte, 21 are in South Cotabato, 17 each in Bataan and Negros, 16 each

RRepublic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City 2012-272 NOTICE OF EXTRA-JUDICIAL SALE File No. 2012-151

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), mortgagee, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against EMMANUEL C. DAÑAR, mortgagor, with address at 5951 Fermina Street, Makati, Metro Manila/Lot 42 & 43, Block 2, Villa Candida Subdivision, Bulua National Hi-way, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of May 31, 2012 amounted to EIGHT HUNDRED NINETY THREE THOUSAND FOUR PESOS & 53/100 (P 893,004.53) exclusive of interest, penalty charges, attorneys fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on July 30, 2012, at 9:00 o’clock in the morning or soon thereafter at the Regional Trial Court, Branch 25, Arch. Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described properties, to wit; TRANSFER CERTIFICATE OF TITLE NO. T-69420 “A PARCEL OF LAND (Lot 43 Block 2, Psd-10-015484, being a portion of Lot 6221-C, Psd-10-012775) situated in the Barrio of Bulua, City of Cagayan Oro, Island of Mindanao. Containing an area of THIRTY NINE (39) square meters, more or less, and all other improvements existing thereon, registered in the name of EMMANUEL CUETO DAÑAR.” TRANSFER CERTIFICATE OF TITLE NO. T-69421 “A PARCEL OF LAND (Lot 42, Block 2, Psd-10-015484, being a portion of Lot 6221-C, Psd-10-012775) situated in the Barrio of Bulua, City of Cagayan De Oro, Island of Mindanao. Containing an area of THIRTY NINE (39) square meters, more or less, and all other improvements existing thereon, registered in the name of EMMANUEL CUETO DAÑAR.” All sealed bids must be submitted to the undersigned on the above stated time and date.

In the event the public auction should not take place on the said date, it shall be on the next working day with out further notice, posting and publication.

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

Cagayan de Oro City, June 19, 2012.

Upon extra-judicial petition for sale under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), Mortgagee, against, AURORA E. ILAGAN married to MIRULO A. ILAGAN, Mortgagors, with postal address at Blk 5, Lot 27, Villa Trinitas Subd, Bugo, Cagayan de Oro City, to satisfy the mortgage indebtedness of FOUR HUNDRED SIXTY THOUSAND SEVEN HUNDRED SIXTY PESOS & 44/100 (Php 460,760.44) as of April 15, 2012, plus expenses of foreclosure, the undersigned Sheriff will sell at public auction on July 20, 2012 at 9:00 a.m to 4:00 p.m at the Regional Trial Court, Branch 18, Room 117, Hall of Justice, Hayes St., Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following properties described below including all existing improvements found thereon, to wit;

BWM: JUNE 29, JULY 6, & 13, 2012

LOVE M. VERDADERO Sheriff IV

Rudinas said some of the farming equipments that will be displayed during the exhibit include hand tractors, four-wheel tractors, cultivators, water pumps, sprayers, transplanters, drum seeders, seed cleaners, threshers, harvesters, combined harvester reapers, drying machines, storage technologies, corn/rice millers, generators, abaca decorticating machines, cassava chipper and granulators, onion harvesters, corn shellers, and food packaging systems, among others.

The machineries that will be put on display will cover a wide range of crops like rice, corn, high-value crops and industrial crops like cassava and abaca, he said. (PNA)

DAR identifies more land available for distribution

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 25 Cagayan de Oro City 2012-286 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE EJF File No. 2012-156

FOR THE EX-OFFICIO SHERIFF

that country has the highest level of farm mechanization in Asia.

The study further said that the Philippine agriculture sector still faces the challenges of meeting the growing domestic demand for food, and has to deal with constraints such as global climate change, labor shortage, and dwindling land and water resources.

Rudinas said with the Makina-Saka, “we will be able to ensure the increase of productiion with the help of our accesible farm machineries.”

He also said that farmworkers will not be displaced with the use of these farm machineries, thus farming will be more easier for them. “

TCT No. T-65980 A PARCEL OF LAND (Lot 27, Block 5, Psd-10-015600, being a portion of Lot 1-D-2-E-10 (LRC) Psd-96906) situated in the Barrio of Bugo, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED TWENTY SIX (126) SQUARE METERS, more or less.

All sealed bids must be submitted to the undersigned on the above-stated time and date.

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein above- described and encumbrance thereon, if any there be Cagayan de Oro City, June 14, 2012.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF NIZA P. TACANDONG RTC Sheriff IV BWM: JUNE 29, JULY 6, & 13, 2012

in Bohol and Zamboanga Sibugay, 15 in Zamboanga del Norte, 10 in Aklan, eight each in Albay and Antique and seven in Quezon.

The notice also included six properties in Palawan, five each in Capiz, Guimaras, Nor t hern Samar and Davao del Sur, four in Marinduque, two each in Isabela, Aurora and Davao Oriental and one each in Quirino and Davao City.

Landholdings in Sorsogon cover 1,651.54 hectares, while the properties in Camarines Norte total 1,188.407 hectares, Western Samar 740.7668 hectares, Bulacan 676.7285 hectares,

Nueva Ecija 625.8734 hectares, Pampanga 373.0404 hecta res, Ley te 489.947 he c t a re s a nd M i ndoro 501.5088 hectares. Majority of the other lands were under the names of companies and private individuals.

The land reform program requires the distribution of all agricultural landholdings above five hectares to qualified beneficiaries.

A total of 1.034 million hectares is up for distribution under the CAR P extension. As of last year, the department had distributed a total of 264,880 hectares. This year’s target is 240,247 hectares.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental NOTICE OF SALE ON EXECUTION OF REAL PROPERTY WHEREAS, by virtue of an Order of Execution issued by the Hon. Dennis Z. Alcantar, Judge of the RTC, Branch 44 Initao, Misamis Oriental on August 19, 2008, in Civil Case No. 2001-261 wherein, Joel T. Ngo as herein represented by: Vinson T. Ngo is the plaintiff and Sps. Roger Pacamalan and Mansueta Pacamalan is the defendant for foreclosure of Mortgage for the recovery of the sum of P1,460,636.00, with interests and costs, etc., Levy was made

by Sheriff Norberto F. Labis on 5-9-12 thru the Register of Deeds of Misamis Oriental, on the rights, interests, and participation of said defendant/s Sps. Roger Pacamalan and Mansueta Pacamalan in the real property more particularly described as follows: TCT NO. T-10507 “A parcel of Land (Lot 1-F-14 of the subdivision plan, (LRC) Psd 13253, being a portion of Lot 1-F, (LRC) Psd73744, LRC (GLRC) Record No. 3958), situated in the Poblacion, Municipality of Manticao, Province of Misamis Oriental, Island of Mindanao, containing an area of TWO HUNDRED SIXTY SIX (266) SQUARE METERS, more or less.

NOW, THEREFORE, by virtue of said Order of Execution and in accordance with Rule 39, Section 19, of the Rules of Court, Sheriff Norberto F. Labis will sell at public auction to the highest bidder, for CASH and in Philippine Currency __16 AUG. 2012__ at 10:00 o’clock A.M. or soon thereafter at the entrance of the Office of RTC Branch 44, Initao, Misamis Oriental) the rights, interests and participation of defendant Sps. Roger Pacamalan and Mansueta Pacamalan, in the above-described real property in order to satisfy said Order of Execution, together with interests, costs, sheriff’s fees and expenses of sale.

Initao, Misamis Oriental May 9, 2012.

NORBERTO F. LABIS Sheriff IV BWM: JUNE 29, JULY 6, & 13, 2012

Misor.Today MRDP cites Salay town infra reforms, dev’t

BusinessWeek MINDANAO

June 29-July 1, 2012

9

By NOEL T. PROVIDO Contributor

MISAMIS Oriental -- The Mindanao Rural Development Program (MRDP) has cited the municipal government of Salay, Misamis Oriental, for initiating reforms in infrastructure development.

“The local government unit [LGU of] Salay had been making headway in implementing farm-to-market roads [FMR] having shown good construction supervision and management of their rural infrastructure projects including their contractors,” said Lealyn Ramos, Agriculture director in Northern Mindanao.

The MRDP as a special project under the Department of Agriculture (DA) is implementing various antipoverty alleviation projects such as rural infrastructure, livelihood and natural resource management. The

program is jointly funded by the World Bank, the national government and LGUs. The program is also introducing governance reforms that promote transparency and greater accountability among its LGU beneficiaries. These include efficient and participatory bidding process and enhancement of the LGUs’ capacity in implementing basic agricultural services.

During the people’s congress held in May in Davao Cit y, President Aqu i no and Agriculture Secretary Proceso Alcala handed to Mayor Romeo Gue Sr. the award, citing the town for its exemplary performance in rural infrastructure implementation.

Ramos, who is also the currently MRDP program director, said it was a well deserved recognition for LGU

Salay which implemented two FMR projects without slippage which it was able to complete and turn over ahead of schedule.

These covered the upgrading of the 2.6-kilometer Guinalaban FMR amounting to P4.1 million and the 3-km Alipuaton FMR amounting to P5.5 million. The 1.82-km Yungod FMR (P3.9 million) is now nearing its completion.

“While the constructions MEET. Misamis Oriental Governor Oscar S. Moreno, current Chairperson of the Regional Peace and Order of the FMRs was done on RPOC Council 10 (RPOC-10) presides the 2nd quarter meeting, today, at Grand Caprice Restaurant, Limketkai Center track, LGU Salay consistently Cagayan de Oro City. Seated in photo from (L-R) is Iligan City Mayor Lawrence Ll. Cruz, Governor Oscar Moreno, adheres to the transparency and DILG 10 Assistant Regional Director Nilo Castanares. (Rodolfo D. Mendoza, PIA-10) and accountability mechanism upheld by MRDP,” Ramos said.

“Transparent bidding procedure was instituted and technical team was assigned to oversee various stages

By APIPA P. BAGUMBARAN Contributor of project development,” she said.

Secretary Corazon Julia- with Disabilities (PWDs) in MRDP/PAGE11 THE National Council on Disability Affairs (NCDA) in no-Soliman of the Depart- the said two towns. partnership with the Japan ment of Social Welfare and Expected participants are International Cooperation Development (DSWD) and LCEs, municipal social welAgency (JICA) will be holding Akiie Ninomiya, executive fare and development officers a forum on non-handicapping director of the Asia-Pacific (MSWDO) and presidents of environment (NHE) on July Development Center on Dis- PWD Federation of the LGUs 4 and 5 at the Dynasty Court ability (APCD) are sched- candidate for NHE expansion, uled to attend the opening as well as, representatives Hotel, here.

The two-day forum, an- ceremony. from related line agencies, The local chief executives chairperson of the Regional chored on the theme, “Making a Path to Non-Handicap- (LCEs) of New Lucena in Council on Disability Affairs ping Environment,” aims to Iloilo province and Opol in (RCDA), representatives from orient and advocate NHE Misamis Oriental will also people’s organizations, and to local government units be sharing their experiences other NHE stakeholders.

(LGUs) for their adoption and achievements as NHEThese participants will and to introduce to them the pioneer municipalities, along also be treated to a study concept of Universal Design with some testimonials on the tour in Opol town on the impact of NHE by Persons morning of July 5.

(UD) relative to NHE.

NCDA, JICA to hold forum on non-handicapping environment

Opol, CdO get skills registry system

By APIPA P. BAGUMBARAN Contributor Gov. Oscar S. Moreno opens new high school in Inobulan, Salay, Misamis Oriental. Started with four classrooms and plans to build more to cope with the rising number of students in the area.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 22 Cagayan de Oro City 2012-259 IN THE MATTER OF THE PETITION FC SPEC. PROC. NO. 2012-039 FOR ADOPTION OF MARJORIE TORRES LUFERA, WITH PETITION FOR CHANGE OF NAME FROM MARJORIE TORRES LUFERA TO MARJORIE TORRES-JONES,

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN In the matter of the Petition for Adoption Of a Minor Child Mariel Jane Sabdula Abid,

SPL. PROC. NO. 462 FOR: ADOPTION

VICTOR TUBO PUTOL and SANDI ABID PUTOL, Petitioners. x---------------------------------------------------- / ORDER

JOCELYN B. TORRES-JONES,

Petitioner, X------------------------------------------------------- / ORDER This petition seeks for the adoption of MARJORIE TORRES LUFERA by the petitioner, JOCELYN B. TORRES-JONES and for the change of the name of the child to be adopted to MARJORIE TORRES JONES. Finding the petition sufficient in form and substance, the same is hereby given due course. Let the hearing be set on AUGUST 15, 2012 at 8:30 in the morning before this Court at Rm. 102, Hall of Justice, Cagayan de Oro City.

At the expense of the petitioners, let this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in Cagayan de Oro City and in Misamis Oriental.

The RTC Social Welfare Officer assigned to this Court is hereby directed to conduct a home and child study on the adopting parent, the natural parents and the child to be adopted. She is also directed to conduct counseling sessions with the biological parents of the child to be adopted.

The reports thereof shall be submitted to this Court SIXTY (60) DAYS from the receipt of this order.

Petitioners are directed to make arrangements with the Court Social Worker for the scheduling and incidental expenses in conducting the case study.

Let a copy of this order and the petition be furnished upon the Local Civil Registrar of Cagayan de Oro City, the Solicitor General and the City Prosecutor of Cagayan de Oro City for their appearance in behalf of the state.

SO ORDERED. Given this 30th day of May, 2012 at Cagayan de Oro City, Philippines.

BWM: JUNE 22, 29, & JULY 6, 2012

The Department of Labor and Employment (DOLE)

(Sgd.) RICHARD D. MORDENO Presiding Judge

Petitioners are of legal age, husband and wife, Filipino citizens and residents of Lumad, Mambajao, Camiguin. They seek to adopt a two (2) months old minor Mariel Jane Sabdula Abid who was born on March 10, 2012 of her mother Jackia Sabdula Abid. The minor was entrusted to the care and custody of the petitioners by her biological mother right after her birth. For the best interest of the child to be adopted whose well being is the utmost and paramount concern, the petitioners filed this petition. The petitioners possessed all the qualifications and none of the disqualifications to adopt.

Finding the petition sufficient in form and substance, the same is hereby set for hearing in this Court’s Session Hall, at Lakas, Mambajao, Camiguin on August 14, 2012 to start at 8:30 o’clock in the morning.

Let copy of the petition and of this Order be furnished the Regional Director of the Department of Social Welfare and Development, Region X, Cagayan de Oro City, for the preparation and confirmation of a new child home study reports and submit the same before the date of hearing as well as to conduct counseling sessions with the natural mother on the matter of adoption of the adoptee and accordingly submit a report therein before the date of hearing; and another copy of the petition and of this Order be furnished the Office of the Solicitor General, the Provincial Prosecutor of Camiguin, the Local Civil Registrar of Mambajao, Camiguin, for any step they may deem best and proper to take in this Petition.

Let copy of this Order be published at petitioners expense once a week for three successive weeks before the scheduled hearing in any newspaper of general circulation in the Province of Camiguin.

Any person or entity opposed to the petition in this case may file written opposition at any reasonable time before the scheduled hearing and personally appear during the hearing to show cause why the petition shall not be granted.

SO ORDERED. Done in Mambajao, Camiguin, this 30th day of May 2012.

BWM: JUNE 22, 29, & JULY 6, 2012

(Sgd.) RUSTICO D. PADERANGA Judge

Misamis Oriental West will make the municipal government of Opol and the city government of Cagayan de Oro the next repository of manpower skills database, known as the Skills Registry System (SRS).

This was announced by Rodrigo A. Deloso, OIC of DOLE MisOr West during the awarding ceremony of the 2012 Outstanding Skilled Workers of Opol last month.

The registry system is designed to facilitate quick search for human resources and work expertise for local and overseas employment. It serves as warehouse for job seekers and possible employers requiring competence,

right skills and the right person for a job.

The registry system also complements Philjobnet, an online data center, by supplying skills information for wider and universal use through the internet.

In Region 10, the SRS mainstreamed the town of Lugait, still in Misamis Oriental, because of its readiness to handle the system with industries set in the town and the size of available skilled workers. The local government unit of Lugait pioneered in the implementation, with Initao and Laguindingan following after.

“I am pleased to note SYSTEM/PAGE11

NorMin records close to 300 dialysis patients

By JORIE C. VALCORZA Contributor

LATEST renal disease registry posted 290 patients currently under dialysis here in Northern Mindanao.

Sandra Oliveros, adult nephrology consultant, said that of the total figure, 130 patients were from Misamis Oriental, 65 from Lanao del Norte, 56 from Bukidnon, 35 from Misamis Occidental,

and four from Camiguin.

She noted that among the primary kidney-causing diseases, diabetes ranked first in the region. The same trend is also happening in other countries, with Oliveros adding that “globally diabetic nephropathy is the leading cause of kidney problem.”

NORMIN/PAGE11

10

June 29-July 1, 2012

Congress Watch

BusinessWeek

MINDANAO

Solon seeks to limit President’s reappointment power A SENIOR member of the House of Representatives has urged his colleagues to expedite the passage of a bill setting limits on the power of the President to reappoint bypassed nominees.

Puwersa ng Masang Pilipino Rep. Rufus Rodriguez of Cagayan de Oro pushed for the immediate approval of House Bill 1647, saying the practice of simply reappointing a presidential nominee even after several bypasses by the Commission on Appointments (CA)

“subverts the principle of confirmation mandated by the Constitution.”

The bill’s provisions will still have to undergo fine-tuning by a technical working group that may soon be formed by the House’s Committee on Revision of Laws.

Rodriguez cited Article VII, of the Constitution, which states that, “The President shall nominate and, with the consent of the Commission on Appointments, appoint the heads of

the executive departments, ambassadors, other public ministers and consuls, or officers of the armed forces from the rank of colonel or naval captain, and other officers whose appointments are vested in him in this Constitution.”

Rodriguez said the Constitution further states that, “The President shall have the power to make appointments during the recess of the Congress, whether voluntary or compulsory, but such appointments shall be

effective only until disapproval by the Commission on Appointments or until the next adjournment of Congress.”

“The CA is usually reluctant to reject outright the presidential nominees, hence, would not confirm the appointment resulting in bypass,” Rodriguez said.

He said the situation makes a mockery of the constitutional duties of the CA to confirm and reject presidential appointees on the basis of the check

CDO MAG TO SHOWCASE PRIMEMOVERS OF MINDANAO ECONOMY

The BWM Magazine is glossy from cover-to-cover and will come out monthly.

It is a special publication which features articles promoting business establishments engaged in every facet of business, pleasure and entertainment. It will also feature prominent personalities in The idea is to create a local-based business, tourism, sports, politics and business magazine, a magazine that will governance. feature businesses and business owners a top quality advertising and marketing medium directly to their intended clients, providing them a stress-free advertising avenue. As BusinessWeek Mindanao celebrates its 3rd anniversary, the inception of the magazine now becomes

The first magazine of its kind will certainly bring in a better view of Cagayan de Oro business and business community as well as promote the region in terms of economic growth and business sensibility.

a reality – the BWM Magazine.

BWM is a monthly magazine that gives you an avenue to increase your visibility and client-base. Targeting the class A & B clients suited for your kind of market. BWM Magazine will circulate Mindanao-wide as this is backed by BusinessWeek Mindanao’s distribution bureaus in the island. BWM also maximizes advertisers’ visibility through www.businessweekmindanao.com where an e-mag in PDF file format is downloadable free and readable online by our partners and international readers throughout the world.

For inquiries and advertising placements please call the following office numbers 74-53-80, 857-8447 or mobile numbers 0927-337-3917 and 0922-538-4939.

Visit us at BusinessWeek Mindanao located at Abellanosa St. Cagayan de Oro City Email us at bwmmagazine@yahoo.com

and balance powers of the Legislative Branch of the government.

Under t he bi l l co authored by Rodriguez’s brother, Party-list Rep. Maximo Rodriguez Jr. of Abante Mindanao, the nominees shall submit to the CA the documentary requirements within 30 days from receipt of their nomination or appointment. Failure to submit the same within the required period is equivalent to one bypass. Failure to submit

the requirements within 60 days shall cause the disapproval of nomination or appointment.

It provides that nominees who have been bypassed twice shall no longer be eligible for reappointment by the President.

The measure also states the effect of disapproval by the CA—“nominees who have been disapproved by a vote of the CA shall no longer be eligible for reappointment by the President.”

Rufus nominated for chief justice THREE LAWMAKERS and a priest have been added to the list of nominees to replace former chief justice Renato C. Corona.

According to the list of recommendees submmitted to the Judicial and Bar Council (JBC) as of Wednesday, constitutional expert Fr. Joaquin G. Bernas, Cagayan de Oro Rep. Rufus B. Rodriguez (2nd district), and Senators Frank lin M. Drilon and Miriam Defensor-Santiago were nominated to the post that was vacated on May 29.

Their inclusion in the list brings to 37 the number of aspirants who have yet to formally accept their nominations.

Meanwhile, the number of those who have submitted their confirmations to the JBC did not change since last week; it still remains at 13.

Those who declined, on the other hand, have reached 13, including Supreme Court Associate Justices Estela P. Bernabe, Mariano del Castillo and Bienvenido L. Reyes.

The JBC, the body tasked to screen aspirants to ranking posts in the Judiciary, will accept nominations and applications until July 2.

It targets to submit to President Benigno S. C. Aquino III the short list of candidates. The President has until Aug. 27 to appoint a new chief justice.

Mr. Corona was ousted after the Senate Impeachment Court found him guilty of betraying public trust for failing to fully disclose assets

in his Statement of Assets, Liabilities and Net worth, Meanwhile, two business groups yesterday called for the appointment of a new justice who will be able to withstand public scrutiny in terms of qualifications for the office and in efforts to reform the Judiciary.

“We join others in agreeing that honesty, probity, integrity are essential characteristics our Chief Justice must exhibit. There can be no compromise on this,” said the Financial Executive Institute of the Philippines and Management Association of the Philippine in a joint statement. “… (T)he Chief Justice should be someone with vision and strong leadership and administrative skills to carry out the much needed structural reforms in the Judiciary so we can achieve a truly fair, impartial court system that can act with dispatch on cases brought before it.”

The group also cited the need for independence in balancing the powers of the Executive and Legislature.

“The Judiciary is one of three independent and separate branches of government.

Its head, the chief justice, must be equally independent,” the statement read.

The chief justice should have “a strong and unquestioned reputation based on extensive experience in law, and a high sense of justice in its application,” said the groups.

Lake Sebu...

Sebu namely: Takonel, Tasiman, Ned, Lamlahak and Lake Lahit.

DA-HVCDP through NABCOR shouldered the 80% of the total project’s cost or P6 million while the LKKFPI provided the remaining 20% or P1.5 million as well as the production areas as project investment counterpart.

Region 12 ranked 2nd in rubber production in the country with a total production of 157,701.56 metric tons (MT) in 2011 posting a 5.16% increase compared to 2010’s 149,964.88 MT. The project was formally launched on June 14.

from page 2

fects of climate change.

Nelly Ylanan, head of DARAFID, explained that the project includes one hectare of rubber nursery, one hectare budwood garden where the planting materials for the establishment of 40 hectares of rubber plantation will be sourced from.

Direct beneficiaries of the project were the farmers with farm lands in the said municipality.

The rubber plantations cover five barangays in Lake

MINDANAO

BusinessWeek

June 29-July 1, 2012

11

System..

Chinatrust donates books to Oro school

we are now at par with other countries which adapt a similar system like the SRS,” said Deloso Talks between the DOLE and LGUs are now being carried out to come up with an understanding on how the SRS should be used. A memorandum will be inked stipulating the agreements to achieve the objectives of SRS. Under this, the DOLE will to provide a computer unit installed with the system, photocopier, printer with scanner, external memory, and USB to support recovery of files in case the system is down, and a P100 internet card, while LGUs are encouraged to employ an IT expert to maintain the system.

A focal person will also be assigned by barangays to ensure the regular submission of report and updates on manpower and skills of their respective areas.

C H I N AT RU S T Ph i l ip pines, a subsidiary of the largest and most awarded bank in Taiwan recently donated a thousand brand new and well-chosen books of children’s literature to North City Central School, a typhoon-Sendong affected public elementary school in Cagayan de Oro City.

The donation was part of the “Better Readers. Brighter Future.” program that was initiated by Chinatrust last year, in partnership with the National Book Store Foundation, Incorporated (NBSFI). The program was envisioned to promote reading and literacy awareness among public elementary school students, a primary component of which is the donation of reading materials to public elementary schools to augment their

library collection.

A total of seven public elementar y schools have already benefited from the program since its inception in 2011, including the North City Central School. After Cagayan de Oro, Chinatrust will be donating books to ot her public elementar y schools in the provinces where it maintains a presence within the year.

On hand to turnover the thousand brand new and well-chosen books are Chinatrust’s executive vice president and Retail Banking Head Victor Lim (second from right) along with Chinatrust’s Cagayan de Oro branch manager Ari Rivera (extreme left) to North City Central Supervisor Dr. Lydia Getueza (second from left), and Nor t h Cit y Centra l School assistant principal

A not her a rea i n t he province known for mining activities is the town of Pantukan.

The Kingking mining area was recently declared “no habitation” after some sma l l-sca le miners a nd members of their families perished due to landslides early this year.

Mr. Uy and Ms. Malanyaon have been calling on the national government to also provide more autonomy to provinces in addressing mining issues.

They pointed out that the local government units are saddled with responsibilities such as protection of the local ecosystems as well as host communities.

The government has yet to release its new policy on mining even after President Benigno S. C. Aquino III promised to sign the order end of last week. When the report on the drafting of the new mining policy came out early this year, Budget Secretary Florencio B. Abad said among those issues to be addressed was the division of revenues between the national and local government units.

Leo L. Jasareno, Mines and Geosciences Bureau director said on Sunday that tweaks are still being made to the Aquino administration’s mining policy with no definite schedule as to when a Palace executive order (EO) will be issued.

T he President last Wednesday told reporters

that while he had some questions regarding the draft order submitted last Monday, the policy would likely be issued before the week ended.

Palace officials on Friday afternoon said the president had yet to sign the EO as Executive Secretary Paquito N. Ochoa, Jr., Environment Secretary Ramon Jesus P. Paje and Mr. Jasareno were still meeting to address Mr. Aquino’s concerns.

Mr. Jasareno said no date for the release of the new policy has been set.

Mr. Aquino last week said he had questions regarding revenue sharing -- an issue that has been contested by the industry, which claims that it is contributing more than enough to national coffers.

Sen. Francis G. Escudero, chairman of the Senate environment committee, on Saturday said legislation would address gaps the EO cannot address such as revenue sharing.

The new mining policy, he said, should also st reng t hen i nvest ment s but a lso require mining companies to come up with initiatives that would help the economy, including the establishment of processing facilities, before shipping products outside the country.

from page 9

MRDP... from page 9

Salay municipal agriculturist Danilo Maputol said the barangay road and operation maintenance (BROM) teams worked to ensure that operation and maintenance will be observed beyond project completion.

“The creation of BROM teams was supported with barangay resolutions which include regulating the passage of vehicles especially heavy vehicle during rainy days as this will affect the road condition,” Maputol said.

The local government has also passed a municipal ordinance appropriating a minimum of P50,000 per kilometer per year for the operation and maintenance not only of MRDP infrastructure projects but other projects under the DA. “We are glad that with the reforms introduced by MRDP, a fourth-class municipality such as Salay was able to allocate its local resources and governance to better serve its constituents.

It also shows that the President’s vision of Tuwid na Daan can be done at the local level,” Ramos said.— Courtesy of Noel T. Provido / Contributor

LGU... from page 1

a “meager” P5 million from excise tax of large mining operations and the larger chunk from small-scale mining operations.

Compostela Valley hosts one of the only two largescale mining operations in the Davao region, specifically Apex Mining Corp. in the municipality of Maco.

The prov ince is a lso known for its small-scale mining areas, particularly Diwalwal which is part of the 8,000-hectare area that former President Gloria M. Arroyo declared as mineral reservation. Out of that total land area, 729 hectares were set aside for the operation of small-scale miners.

Power... from page 1

“We need to rectify the problem immediately to prevent further damage,” Mr. Soldevilla added.

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

Romeo Beslig (center). Also in attendance were NBSFI

program manager Bea Torres (extreme right) and Parent’s

Association president Gina Tantoy (not in photo).

Normin..

among women.

Currently, there are only about 19 dialysis units servicing the whole region, nine from the province of

Misa m is Or ienta l, fou r in Buk idnon, and t hree for both Lanao del Norte and Misamis Occidental provinces.

from page 9

Other diseases identified include hypertension, chronic glomerulo-nephritis, and chronic pyelo-nehritis.

Ol iveros sa id k id ney problem usua l ly a f fec ts the productive age group.

In Region 10, the bracket of ages 61-70 posted the highest number of cases with 82 patients under dialysis, followed by 77 cases from the 51-60 age group, 56 cases from t he 41-59 years old, and a total of 26 from the 31-40 age range.

Oliveros further stressed that renal failure here in the region is more predominant

Hydro... from page 7

ment (AIM) Policy Center.

The PCCRP is a biennial nationwide research project of the AIM Policy Center which measures the ability of Philippine cities to attract investments and residents based on quantitative and qualitative indicators of six competitiveness drivers: cost of doing business, dynamism of the local economy, human resources and training, infrastructure, responsiveness of the local government unit to business needs, and quality of life.

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