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BusinessWeek

YOUR LOCAL ONLINE BUSINESS PAPER

Issue No. 57, Volume III • June 13-19, 2011

www.businessweekmindanao.com

P10.00

Market Indicators

AS OF 4:15 P.M., JUNE 10, 2011 (Friday)

1.138 cents

;

PHISIX 4,219.58 points

4.76 points

;

FOREX US$1 = P43.338

Briefly Cag. de Oro port ISO certification

THE Philippine Ports Authority (PPA) has initiated moves to make the seaport of this capital city of Northern Mindanao conform to international standards in quality management system for vessel entrance clearance (QMS-VEC) through the International Organization for Standardization (ISO).

This city’s seaport is only the second major seaport in the entire country to be included in the list of standardized ports.

The first is the Batangas seaport, which had already secured an ISO certification.

The ISO certification will “definitely add more clients to the port because of the speedy operation, whose procedures are based on the issued ISO 9001:2008 manual given to us. This would also boost economic activities at the port,” said Necitas Layola Jr., Cagayan de Oro port manager.

By NELSON V. CONSTANTINO, Editor-in-Chief and BONG FABE, Contributor

D

AVAO City – A major player in the telecommunication industry has expressed fear for the return of the era of monopoly as it raised anew its opposition to the recent acquisition of dominant player Philippine Long Distance Co.’s (PLDT) of rival Digital Telecommunications Philippines, Inc. (Digitel).

SM hikes profit

SM Developments Corp., the property arm of the Sy-owned mall and banking conglomerate, is looking at revising its profit target for 2011 upwards after enjoying brisk sales so far, an official said.

“We are quite optimistic we will be able to [hit P4 billion],” Rosaline Y. Qua, senior vice-president and chief operating officer of SM Development, told reporters at the sidelines of a sales event.

This is higher than the developer’s target of growing profits by up to 20% to P3.6 billion by yearend.

Five new project launches backed by robust demand had prompted the company to announce this goal back in April.

“Based on our last check, we are beyond what we expected for the first five months. We are pretty happy with how things are coming along,” Ms. Cua added.

Filinvest sells bonds

FILINVEST Land Inc. plans to raise as much as P3 billion through the sale of fixed-rate bonds that will mature in five years and three months, a disclosure released Thursday showed.

Proceeds will be used to finance the developer’s capital spending this year, the disclosure read.

Selling will tentatively start this month, subject to approval of the Securities and Exchange Commission.

“The corporation’s Executive Committee has approved the corporation’s plan to issue and float via public offering of a five years and three months unsecured fixed-rate pesodenominated debt securities with an aggregate principal amount of up to P3 billion,” Filinvest Land said.

RETURN OF MONOPOLY? Globe Telecom legal counsel Atty. Rodolfo Salalima hits PLDT’s attempt

Talking to reporters in Davao City last Friday, Globe Telecom legal counsel Atty.

Rodolfo Salalima said the merger of PLDT and Digetel would highly favor the dominant player and pave the way for the return of monoly which PLDT had enjoyed in previous years.

Globe Telecom, which

currently holds about 30% of the mobile market, said they are bent on “killing” the merger to level the playing field.

“We maybe small but we are fighting back,” Mr. Salalima said, adding: “Monopoly kills the rival. And PLDT has been incising their dominion TELECOM/PAGE 16

B’ d non pursues energy Coke’s newest plant to stir local economy security with new plant to once again monopolize the telecom industry. PHOTO BY BONG FABE

By BONG FABE, Contributor and MIKE BAÑOS, Correspondent

VILLANUEVA, Misamis Oriental – The opening of the Mindanao’s biggest and state-of-the art bottling plant of Coca-Cola Bottlers Philippines Inc. (CCBPI) here last week has immensely created employment opportunities to local residents and woukld further boost the town’s local economy.

Villanueva Mayor Juliet Uy said the town ios very much previleged to host this year’s biggest single investment in the region..

COKE/PAGE 11

By MIKE BAÑOS, Correspondent

ON June 15, 2011 Bukidnon province takes another step toward energy security with the ground breaking of a new power plant in the municipality of Quezon.

ENERGY/PAGE 16

Coca-Cola exes Baring Olafsson, Bill Schultz, Mayor Juliette Uy, and Glenn Jordan push the button to start Cokes production line. PHOTO BY MIKE BAÑOS, NPN

Tita Fannies Bulua opens on June 18 TITA Fannies, considered as the Best Liempo and Chicken Haus in Northern Mindanao, is set to open its first franchised store on June 8, in Bulua, Cagayan de Oro City.

Strategically located at the center of one of the fastest growing business districts in the city, Tita Fannies is now among the SUAN/PAGE 10 ADVERTOIRIAL

PRIMAVERA Residences keeps cool even during hot summer months. This artist’s rendition of the Primavera Residences now under construction at the Pueblo de Oro township illustrate how the green inner courtyards, together with big holes opened through the building masses and facades (gaps between some units) increases natural ventilation. Cross ventilation in every unit also increases air velocity to further reduce inner ADVERTOIRIAL

PRIMAVERA/PAGE 6

Economy

2 June 13-19, 2011

MALAYBALAY City– Victims of the flashfloods that recently struck some parts of Bukidnon were not left unaided, at least by one of the electric power providers of this province.

The Bukidnon Second Electric Cooperative (Buseco) showed how it is to relive the spirit of Bayanihan and serve with compassion by distributing relief goods to at least 500 individuals who were victims of the May 25

MINDANAO

Editor: Nelson Constantino

Buseco comes to the rescue of flood victims in Bukidnon

By FLORGENE SUMINTAN Contributor

BusinessWeek

flashfloods that hit five barangays in Cabanglasan town and a sitio in Malaybalay here in Bukidnon.

The barangays affected in the remote town of Cabanglasan were Capinonan, Valderama of Imbatug, Lambagan, Cabulohan and Mandaing while Sitio Panamucan of Malaybalay’s Barangay San Jose was also adversely affected.

At least 109 households comprising 500 residents including children were displaced after the floods.

The said calamity caused damages to the lines and poles of Buseco in the area with more or less 800 member consumer owners (MCOs) experiencing blackout. Three secondary line steel poles were also damaged in Sitio Panamucan.

A day after the May 25 flashfloods, Buseco OIC General Manager designate Juancho T. Chiong called for an emergency meeting with the technical services department and organized a rescue team that will reconstruct the

For bookings and reservation Call: 722-230 Look for HAZEL ESPRA Hayes-Velez St., Cagayan de Oro City

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distribution lines and restore the electricity in the affected areas.

Four engineers and 21 linemen were tasked in the rehabilitation of the poles and lines, restoring the power supply after 29 hours of power outage. Sitio Panamucan’s restoration though was cancelled since most of the houses were washed out by the flood. The barangay only requested to energize the drier.

The Relief Operation came in handy even while the line was restored.

As part of the electric cooperative’s corporate social responsibility, the Buseco BUSECO/PAGE 13

Public warns against collecting ‘tuko’

By LINA CALVEZ, Contributor

R E G IONA L Te ch n i c a l Director (RTD) Belen O. Daba of the Protected Areas, Wildlife and Coastal Zone Management Service (PAWCZMS), Department of Environment and Natural Resources (DENR) was on her way home when she happened to see a woman transporting a small cage.

The RTD actually came from a meeting of the Protected Area Management Board (PAMB) in Misamis Occidental, one of the provinces of region 10, when she saw the woman.

Upon closer look, she saw that the small cage contained a Tokay Gecko (Gekko gecko) locally known as “tuko” and three (3) common house

lizards.

When RTD Daba asked the woman what she intended to do with them, the woman told her she was taking them home as pets for her children.

However, after Director Daba informed the woman about Republic Act No. 9147, the latter immediately dropped the cage and ran away.

Also known as the “Wildlife Resources Conservation and Protection Act, “ RA 9147 mandates DENR to have jurisdiction over all terrestrial plant and animal species, all turtles and tortoises and wetland species, including but not limited to crocodiles, water birds and all amphibians and dugong.

It also provides that any person or persons caught in the trading of wildlife, collecting, hunting or possessing wildlife, their by-products and derivatives, maltreating and/or inflicting other injuries and transporting of wildlife, will be meted with the corresponding fines and penalties.

TUKO/PAGE 12

BusinessWeek

MINDANAO

June 13-19, 2011

3

4 June 13-19, 2011

Banking/Finance

ATM operator Megalink lauds One Network Bank

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- ATM network operator MegaLink has recognized One Network Bank’s automated teller machines, especially for those in the bank’s M’lang branch in North Cotabato and at the Gaisano Mall in Cagayan de Oro City.

The award was based on the number of transactions these machines processed last year compared to other MegaLink ATMs in the same area. It was the second time for the bank, the country’s largest rural bank, to receive an Alex V. Buenaventura, One Network award for its ATMs after it became a member of the network in 2006. Last year, it bagged the president, received the latest award on award for Most Strategically Located ATMs for May 24 during the MegaLink members’ 2009.

ATM/PAGE 12

BusinessWeek

MINDANAO

Editor: Nelson Constantino

Despite policy changes, GSIS posts healthy gains THE Government Service Insurance System (GSIS) is financially healthy, despite the policies it has overturned to extend more benefits to its members, officials said on Friday.

“I want to correct this impression that GSIS is losing money. We are very healthy.

We have a huge cash position, and our investments are fine,” GSIS President and General Manager Robert G. Vergara said during the Communication and News Exchange Forum held by the Philip-

pine Information Agency on Friday.

As of April, the actuarial life of the GSIS, state workers’ pension fund and the largest in the country at an estimated P580 billion, was still expected to last until 2050, Mr. Vergara added.

There have been various reports that the pension fund was losing money, after the new GSIS administration reversed a number of policies that led to more benefits being disbursed to more members.

For instance, GSIS reinstated the survivorship pension, scrapping the policy of former GSIS chief Winston F. Garcia not to give benefits to deceased members’ surviving spouses and children.

The pension fund also instituted a new loan amortization scheme called Choice of Loan Amortization Schedule for Pensioners (CLASP) that would allow members to settle their outstanding loans in full or in installments. This was a departure from the GSIS/PAGE 12

From L-R: Ms. Angel Banut (Recruitment Associate, BPI); Mrs. Omie Garing (HR Officer, BPI); Ms. Nikki Nabong (Relationship Manager, BPI); Mrs. Leonida Africa (Member- Board of Advisers, PACSB); Mrs. Faye Corcuera (HR Group Head, BPI); Mr. Vincent Fabella (President, JRU and PACSB); Bobby Galvez (VP for HR, BPI); Baby Neis (Dean for College, JRU)

BPI signs MOA with PACSB, Jose Rizal U THE Bank of the Philippine Islands (BPI) has forged a partnership with the Philippine Association of Collegiate Schools of Business (PACSB) and Jose Rizal University (JRU) through signing two memorandums of agreement (MOA).

The MOA promises a symbiotic relationship between BPI and the two academic institutions, with PACSB and JRU providing BPI with their best graduates, and BPI facilitating

training for both the faculty and the students of JRU and other PACSB member schools. Such an arrangement ensures that each student is both well-equipped and well-matched for their prospective careers, especially in the banking industry.

The signing was held in the Francisco Room of the 20th Floor, BPI Building, in the presence of JRU and PACSB President Dr. VinBPI/PAGE 8

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental IN RE: PETITION FOR CORRECTION OF ENTRY IN THE BIRTH CERTIFICATE OF JACOBO P. MACUA

SP CASE NO. 2011-997

JACOBO P. MACUA Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF LAGUINDINGAN, MISAMIS ORIENTAL ORIENTAL, Respondent. x-------------------------------------/ ORDER A verified Petition for Correction of Entry in the Birth Certificate has been filed with this Court by petitioner Jacobo P. Macua, with the assistance of counsel, alleging among others, to wit: That, petitioner is of legal age, single, Filipino and a resident of Aglayan, Malaybalay City; That, petitioner’s birth was registered in the Office of the Local Civil Registrar of Laguindingan, Misamis Oriental, copy of his Certificate of Live Birth is attached to the petition as Annex “A”; Female” when in truth and That, in the said Birth Certificate, his gender was recorded as “Female in fact he is “MALE MALE”. As proof thereof, he has attached in his petition the Medical Certificate issued by Dr. Ma. Lovilla R. Hernandez, M.D. with the findings that patient examined as “Male”, (Annex “B” of the Petition) and; That, petitioner is seeking correction of said erroneous entry to eliminate any obstacle, confusion and misunderstanding that may arise from said discrepancy, and the instant Petition is filed without intention to infringe the law, should there be any at all.

Finding the Petition to be sufficient in form and substance, the same a given due course and Order is hereby issued setting the initial hearing on July 05, 2011 at 2:00 o’clock in the afternoon at RTC Branch 44, Initao, Misamis Oriental at which date, time and place any person may appear and show cause why the same should not be granted. The petitioner is directed to cause the posting of the said Order at the Barangay Hall of Aglayan, Malaybalay City, at the Municipal Hall of Laguindingan, Misamis Oriental, and at the bulletin board of this Court, and to cause the publication of this Order in a newspaper of general circulation, duly accredited by this Court, at least once a week for three (3) consecutive weeks.

Let copy of the Order together with the Petition and its annexes be furnished the Office of the Solicitor General, the Office of the Provincial Prosecutor and the Office of the Local Civil Registrar of Laguindingan, Misamis Oriental.

SO ORDERED ORDERED. May 17, 2011, Initao, Misamis Oriental, Philippines.

BWM June 6, 13 & 20, 2011

(Sgd.) DENNIS Z. ALCANTARA Acting Presiding Judge

BusinessWeek

MINDANAO

June 13-19, 2011

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6 June 13-19, 2011

Companies

Alsons offers up P8-B stocks LISTED ALSONS Consolidated Resources Corp. will sell P7.5 billion worth of existing shares to fund its power projects, the company disclosed to the bourse yes-

terday.

The board of Alsons Consolidated approved a placement and subscription transaction “worth approximately $175 million or a Philippine

current equivalent of P7.5 billion.”

The number of shares and final selling price, however, are yet to be determined by ALSONS/PAGE 12

Primavera Residences keeps cool even during hot summer months.

This artist’s rendition of the Primavera Residences now under construction at the Pueblo de Oro township illustrate how the green inner courtyards, together with big holes opened through the building masses and facades (gaps between some units) increases natural ventilation. Cross ventilation in every unit also increases air velocity to further reduce inner temperature.

Shaded surfaces (with extensive roof tops and shelters) extensively reduce direct sunlight so that even during the hottest hours of the day, the sun never hits directly glazed surfaces so internal temperatures are further reduced. In tandem with solar panels in the rooftop, all these combine to ensure a 20% reduction in energy consumption compared to conventional buildings.

Practically speaking, this means that Primavera residents will have cooler homes even during hot summer months and lower electricity bills due to reduced demand for air conditioning.

For further inquiries, please call (63) 9214156737 or fax (63) (2) 889-9292 or email g.magadan@Italpinas.com or s.delavega@italpinas. com

BusinessWeek MINDANAO

AboitizPower acquires 4 power barges in Luzon ABOITIZPOWER Corp., through its wholly ownedsubsidiary Therma Mobile, Inc., has acquired four units of the barge-mountedfloating power plants moored at the Fishport Complex in Navotas City (Navotas Barges) on May 27, 2011.

This P2.3-billion deal with Duracom MobilePower Corporation and East Asia Diesel Power Corporation is seen to helpalleviate the electric power shortfall in Luzon.

The Navotas Barges are bunker C-fired dieselplants designed for peak load application, and will contribute to the region’spower supply needs. When fully operational, the barges will have an aggregatedeliverable generating capacity of 242 MW. It is worthwhile to note thatthe units have not been operating for almost five years.

In Luzon, AboitizPower also has hydroelectricpower plants up north in Ambuklao, Magat, Binga and Benguet. The companyharnesses geothermal power from the Makiling-Banahaw and Tiwi areas inLaguna and Bicol, and administrates a coalfired plant in Pagbilao, Quezon.

“We believe these assets have astrategic value for AboitizPower’s genera-

UNIT II, one of the four units acquiredby AboitizPower

tion portfolio. The power barges’mobility and quickstart capability help complete the balanced mix we aretrying to create,” said AboitizPower President and CEO Erramon Aboitiz.

In Mindanao, AboitizPower through its subsidiaryTherma Mrine Inc. owns the 100-MW power barges in Maco, Compostela Valleyand Nasipit Agusan del Sur. A power barge is essentially a floatingpower plant that can be towed to and moored in different areas.

Transfers,however, require meticulous preparations and

permits from various agenciesand AboitizPower has no immediate plans to relocate the units.

AboitizPower’spriority is to have the units rehabilitated so they are able to deliverprime output. It foresees completion of rehabilitation

by December 2011,and for the barges to start generating power within the first half of 2012.

Therma Mobile will handle the operational needs of the Navotas Barges,and will be selling to the Wholesale Electricity Spot Market and offeringancillary services.

IT Matters

BusinessWeek MINDANAO

June 13-19, 2011

7

Capture the cool and Eco Life with Panasonic AS part of the company’s effort to promote environmental initiatives, the Panasonic Manufacturing Philippines Corporation (PMPC) is resolute to continuously contribute in the enrichment of people’s lives and creation of a sustainable society through their environment-friendly appliances.

Panasonic companies all over the world operate along with the unchanging management objective established by the founder Konosuke Matsushita, which stipulates that “the company is expected to fulfill its responsibility as a public entity of society.”

“As a manufacturing company, our commitment to integrate our environmental contribution and business growth is part of our reasons for existence,” Mr. Miguel

Castro, Director for Manufacturing of PMPC said.

PMPC, a manufacturer, importer and distributor of electronic, electrical, mechanical, electro-mechanical appliances, other types of machines, parts and components, battery and related products bearing the brand name “Panasonic”, has been promoting environmentfriendly appliances noting the increasing number of

Great food...superb ambiance..

When in Malaybalay, go for the best....

activities and programs being carried out by both private and public organizations for purpose of promoting awareness on the threat of climate change.

“Likewise, the consumer-directed efforts by many companies launching environment-friendly products as part of their promotions and corporate social responsibilities are gaining grounds,” Castro added.

The company also expressed interest in taking the lead on manufacturing products that protect the

environment.

“Panasonic wants to take the lead in inspiring innovation to provide green lifestyles and green businessstyles for people around the world,” Castro said citing that on January 8, 2010, Panasonic Corporation (Japan) President Fumio Ohtsubo put forth a clear statement of Panasonic´s new vision: To become the No. 1 Green Innovation Company in the Electronics Industry by 2018, when Panasonic will celebrate the 100th anniversary of its founding. To realize this

DXJM RADYO ASENSO BUTUAN 756 KHZ, AM BAND MARIVIC L. CUBELO Station Manager

JOANN RABOT GARRY J. CRUZ ADMIN / TRAFFIC Program Director

Reporters: JUN PASCUA OBET SAMONTE NICK DINGDING

ENGR. LANZ MAKILING CHIEF TECHNICIAN

and ENGR. BONG MAGLANGIT

“KAPARTNER NYO SA PAG ASENSO”

vision, Panasonic will make the “environment” central to all its business activities and strive to integrate environmental contribution with business growth.

“Our company believes that the more our business grows, the larger the contributions Panasonic can accomplish in improving the global environment,” Castro stressed.

Castro also believes that “the Filipinos’ great capacity to adjust and adapt to circumstances would inspire them not only to strive for and appreciate excellence but also desire for excellent and environment-friendly appliances.”

As part of the global ecosystem, he reiterated that consumers, should buy environment-friendly products to contribute in eliminating harmful gases, which contributes in the increase of the global temperature and pollute the environment resulting in diseases in human beings.

Panasonic’s business vision for “environment & energy solutions is to “create space where people around the world can live comfortably, while reducing the impact on the environment.

Thus, Panasonic products address both eco-friendly and energy efficient concerns as Panasonic takes the lead in the company’s revolution beginning with their lifestyles.

Panasonic also offers a wide range of products, and the company continues to seek partnerships even with competitors to come up with excellent products, including efforts to manufacture environment-friendly items.

In fact, the company clearly stated in its Code of Conduct that “We will respect free and fair competition, and abide by all applicable antitrust (competition law) and other laws and regulations.”

“Through tie-ups and collaborations, we could develop other business activities in harmony with the global environment,” he added.

Aside from air conditioners, refrigerators, and washing machines, other Panasonic products that are considered environment-friendly are: digital cameras, Plasma TVs, LCD TVs, DVD Home Cinema/Theater Sound Systems, batteries, electric fans, and the like.

“There is actually an increasing number of Panasonic products included in the “List of Certified Super Green Products (GPs). Panasonic Group evaluates its products based on a uniquely set criteria that determines the impact level of a product on the environment, and certifies “Super GP” to products in particular that have made dramatic progress in environmental performance and create a new trend for actualization of a sustainable society,” Castro explained.

Launching of the National Greening Program (NGP) June 6, 2011 @ Kaamulan Folk Arts Theater, Malaybalay City, Bukidnon

NGP Ceremonial tree planting

PENRO Agustilo Obsioma planted this seedling in behalf of DENR Usec Ernesto Governor Alex Calingasan and Adobo, Jr. DENR 10 OIC RD Dr

OIC RD Corazon Galinato gives a plaque of appreciation to Governor Alex Calingasan for his staunch commitment to regreen Bukidnon

Pilipinas Got Talent Season 2’s Happy Feet also graced the NGP launching. Left to Right Provincial Administrator Jeoffrey C. Sayson, Lolito Mata, Ramonito Mata and Governor Calingasan.

PENRO Agustilo Obsioma putting a proPENRO Agustilo Obsioma putting tective fence to the planted seedling-1 a protective fence to the planted seedling RD Corazon Galinato planting her ceremonial tree seedling PENRO Agustilo Obsioma and Malay- Unveiling of the National Greening Program (NGP) signage-1 balay CENRO Felix Mirasol ALL PHOTOS BY ANN NOBLE

8 June 13-19, 2011

Opinion

BusinessWeek

MINDANAO

EDITOR: NELSON CONSTANTINO

The Law of Giving

BusinessWeek Your local online business paper

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Monday with office address at Geleng Building, Lapasan Highway, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 20105698, TIN No. 946-396-807 – Non VAT. TEL. NOS.: (088)856-3344, (08822)72-33-44 (088) 587-1390, 0923-432-0687 SEE SYSTEM/74-5380, P.11 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com DANTE M. SUDARIA PUBLISHER ROSE MARY D. SUDARIA MANAGER NELSON CONSTANTINO JONATHAN CATALAN ADVERTISING EDITOR-IN-CHIEF FELIX SANTILLAN RUEL PELONE, LAYOUT ARTIST ONLINE EDITOR ARIEL LUMAPAS PRODUCTION ROLANDO SUDARIA PHOTO JOURNALISTS PELAGIO QUITAT MARLON DOMINGO JOE DEL PUERTO FELICILDA C IRCULATION URIEL C. QUILINGUING RIZA O. ARES EDITORIAL CONSULTANTS LIEZL A. DELOSO ATTY. MARIO T. JUNI JOE PALABAO ATTY. ROBERTO A. CANTAGO JR. RENE MICHAEL BAÑOS LEGAL COUNSELS

THINK a minute…Almost everybody has heard the true saying, “It is more blessed to give than receive.”

We even like to quote it. But do we really believe it? Or do we prefer to live by the saying, “Get all you can before your neighbor gets it.”

Imagine you found a great fishing spot. And someone told you to keep this secret to yourself so you would always have plenty of fish. But instead, you told all of your friends. Later, you actually ended up with many more fish than what you yourself had caught, because the people you shared your secret with kept giving you fish every day.

Giving is like a force or energy that not only helps other people, but it brings back more for the person who gives. It’s a natural law of giving which we all must learn.

BUREAUS/AGENTS

Member: Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) Misamis Oriental - Cagayan de Oro Association of Publishers (MOCAP), Inc.

of life and success, you must first give your life to Jesus.

When you let Jesus lead your life ever yday, He’ll start showing you how to give and live His way. It’s the only way you can find the lasting success and satisfaction He created you to enjoy.

Just think a minute…

Gone in forty eight minutes GONE in forty eight minutes into the Laguindingan municipal highway while travelling from Cagayan de Oro City to various points in western Mindanao, a virtual tourist can venture inside the access road of the future airport.

I for one have experienced the succeeding three kilometers leisure ride from the main highway to the airport access road and took pictures to satisfy my curiosity how the construction project is taking shape?

As a representative of one of the many stake holders in the region whose interest is into hotel, industrial gas manufacturing and property development, I satisfied my curiosity for an important business decisions in the future.

A project valued at USD 167.09 Million equivalents to P7.853 Billion is worth a grind of salt. The three kilometers stretch of a three lanes road network going to

the airport is news.

The passenger terminals and other building structures going up in progress creates a spectacle in my mind to include my ocular experience as a subject for future strategic planning sessions on how a completed airport will impact on the regional economy?

The Laguindingan Airport project when operational is the next economic engine for Northern Mindanao affecting the lives of more than 3.4 Million people who are potential air travelers in the region.

Businessmen from Manila, Cebu and Davao will benefit the accessibility to safe air travel. It will expand our capacities for more business connections and improve tourism which has already landed more than 360, 000 visitors last year.

Upon opening, Laguindingan Airport could easily be considered for an international standard. As we read press releases or announce-

ment from the officials within the inner circle of the project, it seems only the USD 13.38 million phases of the air navigation and support facilities is lagging behind as it has to undergo bidding and fabrication. In comparison with the other airports in the region, it will stand out as the biggest and most modern.

However, reading between the lines of the official pronouncement how the whole project evolved and the civil works progressed, the public can see some missing link between the construction phase of the airport and the environmental requirements for its operation. It is not much of an issue today but talking about it now would make the airport users prepared.

How the waste water be treated and garbage disposal be handled for an airport some three kilometers from the sea and twice bigger than the existing Lumbia Domestic Airport in Cagayan de Oro

is a hypothetical question.

On the other issues affecting human settlement and relocation of the informal settlers of the property formerly owned by the Ayala Land who donated the airport land and those who owned lands with legitimate titles which were expropriated may have been long settled?

More questions with regards to the solid waste disposal will also arise like collection of the volume of garbage and where it will QUIAMJOT/PAGE 9

BSP and you

MARKETING CONSULTANTS

CEBU CITY RAUL CARDONA 0927 2251300 DAVAO CITY JESSIE PALABAO 0910 6681733 BUTUAN CITY OBET SAMONTE 0905 7495220 BUKIDNON MARY ANN NOBLE 0923 616 5083 VALENCIA CITY ED BAUL 0920 9019294 OZAMIZ CITY ATTY. ROBERTO CANTAGO JR. MIS. OCC. MARISA MOLINA MANLAPIG 0928 9538828 GINGOOG CITY WILLY RAMOS 0926 1691016 WEST MIS. OR. JUN FELICILDA 0906 7389130 EAST MIS. OR. JESSIE DAHAY 0935 9058038 LUCRESIA JERUSALEM PUERTO,CDO ARMM REGION SONY SUDARIA 0917 3247258 ILIGAN CITY LENNETH V. GULA 0918 2986719 ILIGAN CITY ROLLY TOMAWIS 063 223 8366 MARAWI CITY ASA MADALE 0916 1590131 LANAO DEL SUR SAHRIA MARUHOM MARANDING ELEANOR TAPITAN 0926 1888871 ZAMBO CITY CAMCER I. ORDOÑEZ 0908 7804348 PAGADIAN CITY AL FRANCISCO 0912 8484037 IPIL, ZAMBOANGA SIBUGAY ALBERTO ALCORIZA CAGAYAN DE ORO JOE PALABAO 0905 1569709 PUERTO, CDO VICTOR ALCOVER 0926 9778513 CLAVERIA DAVID SUDARIA 0926 1096831 MANOLO FORTICH, BUK. ALFONSO LEDESMA

You see, when we choose not to give to others, we actually stop the circulation of blessing flowing back in our direction. Our selfcenteredness clogs up the pipes so we cannot receive blessings from God. So the way to get the flow going again is to start give. Be generous! Tip your waitress that extra dollar. If you’re poor, then give to someone who is even poorer than you are.

Jesus Christ taught and showed that the secret to success and real prosperity is to give away what you have. Then, the blessings can flow back to you. It’s simply one of His laws of living that always works.

Best of all, you have the priceless joy and satisfaction of knowing you helped make other lives happier and better.

But if you want that kind

(2nd in a series) LASR week, I discussed the various functions of the Bangko Sentral ng Pilipinas (BSP), aside from its more popular role as the country’s “money printer.”

As the country’s money supplier, it has the sole authority and exclusive power to issue the Philippine peso.

As the money manager, the BSP sees to it that there is just enough money to meet the needs of the Philippine economy.

To manage the country’s money supply, the BSP can perform any or all of the following: * Increase or decrease the policy rate or the rate at which the Bangko Sentral borrows from or lends to banks. * Require banks to keep a certain portion of their

deposits as reserves. * Buy and sell government securities. * Give credit to banks. * Accept deposits from banks through the Special Deposit Account (SDA) facility.

As supervisor and regulator, the BSP regularly monitors and examines the operations of banks, as well as nonbanks which are performing quasi-banking functions.

According to the New Central Bank Act, Annotated.

2010, quasi-banks are entities engaged in the borrowing of funds from more than 19 lenders, through the issuance, endorsement, or assignment with recourse or acceptance of deposit substitutes for purposes of substitutes (Section 95) for purposes of re-lending or purchasing of receivables and other obligations (Rep Act. No. 8791).

In such a case, the nonbank falls under BSP supervision. Otherwise, the nonbank is supervised by either the Securities and Exchange Commission or the Insurance Commission. Also included under the BSP’s supervision are pawnshops, non-stock savings and loans associations.

The BSP sees to it that these institutions faithfully and fully comply with banking rules and regulations.

When a bank – despite proper supervision – becomes financially troubled, the BSP has the option to assign a “conservator” to temporarily manage the bank’s operations until it recovers.

However, this option has rarely been used. In fact, it was used only twice in the past.

More often, the Bangko Sentral employs the Prompt

Corrective Action (PCA).

Under the PCA setup, the supervised bank is required to enter into an agreement (through the execution of a Memorandum of Understanding) with the BSP. The troubled bank then commits itself to adopt a plan to improve its capital position, business operations and corporate governance. Such BUNYE/PAGE 9

BusinessWeek MINDANAO

Views/Opinion

Koronadal City opts for Adaptation vs. Mitigation SOM ETHING unique is happening in Koronadal City: as the city government girds for the operation of Sagittarius Mines Inc. in 2016, it has decided to adapt instead of oppose the billion dollar project.

Mayor Peter B. Miguel said the LGU plans to buy laborator y equipment to monitor water quality in Topland River whose waters run t hrough t he mountains covered by Sagittarius’s mining operations. And it’s going to hire the qualified chemical engineers and technicians who will conduct regular water quality monitoring in the river and its tributaries.

City Environment Officer Augustus L. Bretana said his office is now scoping the number of villages to be affected by the mine’s operations which is expected to bring in $5.9-billion in investments once it starts operating.

This pragmatic approach is 180 degrees turnaround of the usual rigodon LGUs dance with proponents of environmentally critical projects such as the Tampakan mines.

When Villanueva, Misamis Oriental was first chosen

by Steag State Power Inc. as

the site of Mindanao’s fi rst coal-fired power plant, a virtual fi restorm of protests and indignation assailed the announcement. However, through a well-planned and executed information cum advocacy campaign, t he fi rm eventually managed to weather the storm and its corporate social responsibility program is now one of the most admired in the region.

In contrast, a proposed bioethanol plant in the critical watershed of Cagayan River encountered problems from the very start when the city council approved the conversion of previously classified watershed into industrial land.

The P2.1-billion plant would have covered 24 hectares of Barangays Bayanga and Mambuaya villages, both of which boast rich agricultural lands, and the site of the city’s famous white water raft ing.

Eventually, the proponent pulled the plug on the project which was vigorously opposed by a coalition of citizens’ groups supported

by Roman Catholic Archdiocese of Cagayan de Oro despite the endorsement of then Vice-Mayor (now Mayor) Vicente Y. Emano .

Instead of opposing or

AESTIVALIS PILOT

MIGUEL RODRIGO endorsing the project, Koronadal City has taken the pragmatic approach of preparing itself for the worst without resorting to shooing away what would be the largest foreign direct investment in the Philippines at US$5.9billion.

The Tampakan CopperGold Project represents the largest undeveloped coppergold deposits in south-east Asia. If developed, the mine could be the largest in the Philippines and among the largest copper mines in the world. Current estimates indicate it could yield an average of 375,000 tons of copper and 360,000 ounces of gold per year over a 17 year life of mine.

June 13-19, 2011

9

Rest is the reward of labor THE purpose of work is togain leisure.”

On the first Friday of this month, the good looking guys ofRotary Club and the lovely ladies of Inner Wheel Club, both of Uptown Cagayande Oro, trekked to the scenic Dahilayan Adventure Park for a joint strategicplanning discussion.

I’ve been to Dahilayan numerous times since we own someproperty there, but every time I visit the place, its pristine beauty is alwaysa fresh marvel to me. The cool cleanair that invigorate you, the serene solitude of the mountains, the beautifulcolorful landscape.. it is nature at its virginal splendor. Without fear or favor, I’m proud to declarethat Dahilayan easily put Baguioto shame. It’s like the Pacquiao-Mosleyslugfest.. no contest!

The venue of our get-away was the Saddle Ridge Camp, ownedby Rotary member Benjie and Nora Paras. Lunch at the Cowboy Grill was a real diet-buster. The steak was heaven served on a plate.

Dessert was fresh fruits, camaraderie andlaughter. But the best was yet tocome. After our fill of lunch andlaughs, instead of frittering our time away on useless chatter, we had a shortimpromptu prayer meeting led by our pastor

on the house, Benjie. It was a fun and enjoyable spiritual encounterwith lots of good-natured teasing, yet amazingly fulfilling. What started as a strategic planning turnedinto strategic bonding and transformed into a strategy for God pleasing. How cool is that?!

Some of our members couldn’t get enough of the tranquil delightsof Dahilayan so they opted to stay overnight. There are rustic bungalows equipped with modern comforts at veryaffordable rates.

Showbiz celebrities have sampled the charms of Dahilayan;KC Conception, Sam Milby, Cherie Gil and Christian Bautista, to name a few. Filmmakers have discovered it as an idylliclocation for a movie.

The day of our Dahilayan getaway was a hectic one for me,but I was determined to recharge my weak batteries with some rest andrecreation. Rest invigorates ourexhausted body and relieves our mind of its weariness.

Our thinking process gets sharper, ourstressed emotions calm down, and we are able to accomplish more after a restfulbreak. The Dahilayan bondingmasquerading as strategic planning had the effect of making me feel

refreshed,renewed and rejuvenated.

God Himself rested on the seventh day of creation.

He wants us to follow His example so He wroteit in stone as the 3rd commandment: Thou shall keep holy the Sabbath day. He has to force us to leave our work and take a respite from worldly concerns,so that we can lift our hearts to the higher things of the spirit. God knew that man’s sinful nature of prideand greed will turn him into a workaholic.

If you feel upset, overwhelmed or inefficient, try somerest. It works wonders.

Rest and recreation is the sweet reward ofour diligent labor. Time wasted inrelaxation is not a waste of time!

Be a master franchisee HERE’s a step-by-step guide to securing a master franchise for the whole country.

If you’re up to it, the rewards may be beyond your dreams.

Malls and shopping centers come alive because of the likes of McDonald’s, Marks and Spencer, Kentucky Fried Chicken, Kodak Express, Shakey’s, Kenny Rogers, and the rest of the more than 300 master franchise concepts in the Philippines.

Their entry has made the malls more exciting, created more jobs, and forced local retailer to shape up to compete more effectively against them.

A master franchisee is one who has gained the right to use a franchiser’s trademark and business system in his own country. How do you become one?

Financial capability You need a big capital, for

starters. Based on the results of a survey provided to the participants of the International Franchise Expo in Washington, DC, 28 percent of the master franchisees polled invested less than $100,000, 36 percent put in $100,000 to $250,000, 21 percent injected $250,000 to $500,000, 17 percent invested more than $500,000, and 74 percent shelled out over $100,000.

For the Philippines, you will have to pay $150,000 to $200,000 for the master franchise fee plus more money to fi nance your branches and their franchise fees. You may need a minimum P30 million.

Shopping for a Master Franchise The Internet is the cheapest way to shop for a master franchise concept.

Many master franchisees

in the Philippines, however, picked their concepts abroad, where franchise expositions are fast becoming popular venues for “franchise shopping.” Today the International Franchise Expo in Washington is the premiere franchise show, but many countries have begun to organize their own. You may log on to www.franchise. org for information on these BARTOLOME/PAGE 17

Quiamjot...

cerning the environmental issue, the DENR of Region 10 through the Regional Director for Environmental Management Bureau, Abdullah C. Abubakar of the regional office cannot recall a paper trail submitted for evaluation and approval in their office. Or maybe it is not within their official mandate to scrutinize this type of project since it is government undertaking created by an Executive Order. A line department of the Executive branch cannot question an Executive Order.

The Environmental Clearance Certificate prior to the operations of a private or public undertaking is necessary. No one is exempted from not complying with the environmental laws because no one should dump waste water into the sea and garbage in an open area but only into a sanitary landfill as the final destination.

Another critical issue is the zoning for land use which might have escaped the attention of the original proponents of the Cagayan Iligan Corridor or CIC who undertook the study before it

was endorsed to the National Economic Development Authority (NEDA) for funding.

Zoning must be acted now by the local government to clear some doubts on future investments in the area. Or should the development be an exclusive grant to the Ayala Land, who by deeds of their donation of more than 90 hectares of land reserves their exclusive right to develop the surrounding areas for commercial use?

There was so much hype on how the airport development will have an impact to the regional economy plus the other down line multipliers in business and economic opportunities. The Executive Order should have under gone finer tuning to set the rapid phase of the development rather than bound with exclusivity?

Unfolding now is the negative artificial appreciation of land values in the adjoining properties within the municipality created by out of town speculators and middlemen who wanted to cash in and profit on land prices.

Arbitrarily, this scenario is early and must be taken with caution like a snake bite as there is a cadastral case submitted to the Bureau of Lands defining boundaries of the land properties within the airport vicinity. Lands originally classified as agricultural cannot be converted for industrial or commercial use without securing a permit from the Department of Agriculture certifying on the non arability and productivity of the land.

No one can build any structure or convert the land for other purposes without undergoing the requirements of law to conform to a new zoning ordinance approved by the Government. And who says that the lands near the airport with mango orchards and coconut plantations are none arable and unproductive. The answer is reserved for Ayala Land.

The airport project is good for the economy of Cagayan de Oro and Iligan City. The two Lanao provinces will also benefit in terms of shorter and efficient access to air transportation to

include transport of perishable goods.

It is a significant trading accomplishment when a Del Monte or Dole Pineapple fruit from Bukidnon finds its destination one hour and thirty minutes to the fruit shelves of an upscale supermarket in Manila or fate accomplished

when our Balingasag Bangus is sold still alive and breathing in the stalls of Farmers Market in Quezon City.

Laguindingan Airport may spur other future economic activities for fast sea craft transportation, railways and other commerce for labor and capital investments.

Bunye...

is appointed as “receiver” of closed banks. Within a period not exceeding 90 days from the closure of a bank, the PDIC makes a determination as to whether or not the bank in question can be allowed to re-open.

If re-opening the bank is no longer feasible, the PDIC recommends that the bank be placed under liquidation. PDIC pays the insured deposits up to R500,000 per depositor and proceeds to dispose of the bank’s assets. I repeat, PDIC pays the insured deposits per depositor, and not per deposit. You may have several deposits in one bank amounting to R500,000 each, but PDIC can only pay you, the insured depositor, R500,000, in such a case.

(More next week)

from page 8

dumped in an accessible sanitary landfill viable and economical in radius to dispose the solid waste without contaminating the aguafier of Laguindingan and the adjacent water sources of Alubijid?

In any project undertaking, the environmental impact study must be approved and endorsed by the local government unit before the project will be started. I see finger pointing if these queries are not resolved before the opening? Is there any Environmental Clearance Certificate on hand that will comply with Republic Act 9003 otherwise known as the Ecological Solid Waste Management Act? In an airport operation, the Civil Aviation Office, a quasi public and private entity as the end user under the Department of Transportation and Communication, must secure the Environmental Clearance Certificate or ECC. When interviewed con-

from page 8

plan will be time-bound, and the bank will be required to submit periodic progress reports to the BSP. Some banks eventually graduate or exit from PCA. Others fail, eventually leading to their closure.

When the central monetary authority’s evaluation shows that the bank cannot be restored to its healthy condition, the BSP stops the bank from further operation.

The bank is placed under receivership to prevent the bank from incurring further losses, which will definitely affect its depositors and creditors.

The Philippine Deposit Insurance Corporation (PDIC)

10

June 13-19, 2011

Community

Tita Fannies Bulua branch opens June 18

By JOE PALABAO Reporter

TITA Fannies, considered as the Best Liempo and Chicken Haus in Northern Mindanao, is set to open its first franchised store on June 18, in Bulua, Cagayan de Oro City.

Strategically located at the center of one of the fastest growing business districts in the city, Tita Fannies is now among the dozens of grilled chicken and liempo kiosks in the area billed as the Lechon Manok Country of Cagayan Tita Fannies will open its first franchise store in Brgy. Bulua, Cagayan de Oro on June 8.

At left is franchise owner Ms. Maricel Paza. de Oro City.

We are now open everyday, Mondays to Sundays and on Holidays

BusinessWeek

The opening ceremony, which will begin at 7 am, will be graced by franchisee Ms. Maricel Paza of Iligan City who will cut the ceremonial ribbon with Bulua Barangay Chairman Al P. Legapsi and Tita Fannies owner and franchise manager Japhet Onque.

As a welcome promo, the first ten customers will get Free Certified Liempoholic Tita Fannies T-Shirts and a chance to win gift certificates.

Looking and craving for the crispiest liempo and tastiest lechon manok in town! Then go to Tita Fannies at Bulua, Cagayan where you can find the best liempo and lechon manok kiosk in town!

Tita Fannies Liempo is proudly unique. Its aroma is so captivating that you couldn’t help but be curious of its taste. The skin is crunchy and the meat is well-cooked and addictively tasty.

Their lechon manok is the best and its succulent taste makes everyone you crave for more.

Tita Fannies pork liempo Premium is only P115.00, pork liempo Bigatin is only P145.00, Liempo de Lechon is P145.00 and their Lechon Manok for only P145.00, the cheapest in town.

Tita Fannies envisions to represent the Filipino excellent taste for food and be models of a high quality customer service. Along

MINDANAO

with the vision is the thrust to be a full service restaurant (FSR) where customers are provided with delicious and distinct Filipino dishes, entertained by competent service crew and customers are made to feel in the ambience of a truly Filipino setting.

Tita Fannies boasts of a setting that radiates a clean and sanitary atmosphere, good service and food that satisfy that gourmet taste of every Filipino and foreign tourists who come and dine at the restaurant.

Barangay Bulua Tita Fannies first Franchise Store will attest to the succulent and unique taste of their Pork & Liempo and Tita Fannies Lechon Manok for the populace to always patronize their product.

Tita Fannies is NOW FRANCHISING and take p ar t i n t h e i r g row i ng Liempo and Chicken Haus Business. WHY WAIT, BE AMONG THE VERY FIRST FRANCHISEES OF TITA FANNIES. CALL & CONTACT THEM NOW! For particulars, please contact, Japhet Ernie P. Onque with Cell Number 0917-707-3082 and visit their stores at Corrales St., Cagayan de Oro or at their Main Store at Zamora St., Iligan City visit their website at www.titafannies.com or email japhet_onque@ yahoo.com. advertorials

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BusinessWeek MINDANAO

June 13-19, 2011

11

12 June 13-19, 2011

Aggie news

BusinessWeek

MINDANAO

SOA on Food Processing kicks off ADDING one’s knowledge on food right at the convenience of one’s home is now possible as the Department of Agriculture Regional Field Office 10 (DA-10) through the Regional Agriculture and Fisheries Information Division (RAFID), with funding from the Mindanao North Coast Integrated Area Development Project (MNCIADP), has recently started its School-on-the-Air (SOA) program on Food Processing of Indigenous Materials over DxCC – RMN of this city.

The program intends to reach out food enthusiasts, including farmers and fisherfolks, and other agricultural stakeholders to consider other lesser known crops for

consumption as they’re also accessible, affordable and healthy to eat. In this way, listeners can also contribute in the department’s admirable thrust to easen reliance and lessen imports on rice.

Ultimately, they’d also serve as agents of the agency in pushing rice self-sufficiency by 2013.

Discussions on the said topic will run for 30 minutes every Mondays, Wednesdays and Fridays at 5:30 to 6:00 p.m.

In order to gauge the comprehension of students and qualify for the graduation ceremony, daily quizzes and a final assessment exam would be given to them.

Likewise, this will guide the department in selecting hon-

or students, who’ll be aptly rewarded later on.

As this two-month SOA program covers the provinces of Misamis Oriental and Bukidnon, an initial of 250 students have officially enrolled, coming from different areas such as Claveria, Opol, Cagayan de Oro, Villanueva, Manticao, Lagonglong, Lugait, Balingasag, Sumilao, Libona, Kalilangan, Manolo Fortich and Talakag.

For more inte re sted participants, kindly submit your names to the municipal agriculturist and agricultural technicians designated in your respective areas to be included in the department’s master list of enrollees. joanne l. olson, da-10

IRRIGATOR’S ASSOCIATIONS (IAs) AND SMALL WATER IMPOUNDING SYSTEM’S ASSOCIATIONS (SWISAs) CONSULTATIVE WORKSHOP. Emphasizing the IAs as the basic unit of rice production that can strongly push the nation to rice self-sufficiency with 2013 at the earliest, Agriculture Secretary Proceso J. Alcala, together with National Rice Coordinator Director Dante S. Delima addresses the issues and concerns raised by the audience, which includes various representatives from three regions, namely: Zamboanga Peninsula (Region IX), Northern Mindanao (Region X) and Caraga Region (Region XIII).

DA’s food security bid gets boost with new campaign

MINDANAO RURAL DEVELOPMENT PROGRAM 2 (MRDP 2) MEETING WITH AGRICULTURE SECRETARY PROCESO J. ALCALA. MRDP 2 is a poverty alleviation initiative under the Department of Agriculture, wherein agricultural development interventions are propelled thru a joint funding from the World Bank, the national government and the local government units. As he is ardent to carry on with the third phase of the Program, which will aid more agricultural stakeholders than its present beneficiaries of 26 provinces and 225 municipalities, Agriculture Secretary Proceso J. Alcala personally oversees the current standing of the Program in a recent meeting with the MRDP team at Cagayan de Oro City.

He also revealed that hitting 40-45% of the Program’s targets would possibly serve as a triggering mechanism to proceed with Phase 3.

Tuko... from page 2

Meanwhile, the Tokay Gecko is protected under RA9147 and the DENR-10 has called on all those engaged in its illegal collection and trade to help conserve and protect our wildlife resources .

The call was brought about due to reports of rampant collection and trade of Geckos as advertised through the internet.

GSIS... from page 4

former Claims and Loans Interdependency Policy (CLIP) that deducted the outstanding loans from members’ retirement benefits upon their retirement.

NO MORE LENDING Mr. Vergara stressed these initiatives have been matched with measures to protect or raise the pension fund’s rev-

ATM... from page 4

appreciation cocktails and shareholders’ meeting in Makati City.

“One Network Bank continues to expand its network of ATMs to provide customers with easier access to their money particularly those residing in the countryside. It is currently operating a total

“The DENR is actively campaigning against this illegal activity and is strictly enforcing RA 9147 against all those engaged in its illegal collection and trade,” Daba said .

S h e a l s o s ai d Wi l d life Enforcement Officers (WEO) in the region have been alerted to monitor the rampant collection and trade of Geckos in the region, Daba said.

As such, anyone caught in transporting “tuko” will

be penalized with imprisonment of 5 to 10 days and a fine of Php200 to Php1,000, and for collecting, hunting undocumented wildlife, a penalty of 10 to 30 days and a fine of Php1,000 to Php5,000.

The public is encouraged to report any violation of R.A.9147 to the nearest DENR office in their locality or call PAWCZMS thru telephone nos. (088) 85667-04 or (088) 856-95-91. denr/pia-10

enues.

“We are withdrawing from direct lending because after 50 years, we realized we do not have the training or the infrastructure to assess loans,” he said. “We have many bad loans that are in various stages of default, generating losses for us.”

GSIS, instead, will lend to banks such as the Development Bank of the Philippines

and the Land Bank of the Philippines, which in turn, will lend directly to borrowers.

This was the same tack followed by GSIS regarding housing loans, which it stopped offering last month.

The state-owned Home Development Mutual Fund (Pag-Ibig Fund) is now responsible for issuing housing loans to government employees.

of 80 branches and 107 ATMs throughout Mindanao with a cardholder base of 310,000,” the bank said in a statement.

The bank recently installed an ATM at its branch in Babak, Samal City, and in Mountain View Collage, a Seventh-Day Adventist school in Mt. Nebo, Bukidnon. The bank is planning to add 36 ATMs to its network this year.

Alsons... from page 6

the appointed book runner CLSA Ltd. Under the current market price of P1.44 a piece of Alsons Consolidated, P7.5 billion worth of shares amount to around five billion shares.

Major shareholders Alsons Corp. and Alsons Development & Investment Corp. will offer to sell a portion of their shares for the transaction.

DEPARTMENT of Agriculture (DA) Secretary Proceso Alcala is bullish a new campaign for sustainable food can help enhance government efforts to unlock smallholder agriculture’s potential for bringing forth nationwide food security amidst climate change, food price rise, declining land productivity and other challenges.

He believes the GROW campaign of international aid organization Oxfam can help generate private sector action that will fast-track grouping of small local farmers into economically productive agricultural associations. ”Government will have the private sector as partner in such initiative,” he said Friday on the side of GROW’s Philippine launch in Quezon City.

He believes such partnership is timely, noting DA is mapping out a broad-based strategy for helping small farmers nationwide.

GROW advocates the need for a new approach to producing, sharing and managing food and other natural resources worldwide.

Oxfam came up with such campaign as this organization reported the existing global food system is already failing and taking a toll particularly on the poor.

BPI...

from page 4 Vincent K. Fabella. Representing BPI were SVP Fidelina A. Corcuera, Group Head of the Human Resources Management Group, and VP Roberto E. Galvez, Head of HR Products and Solutions Division.

BPI targets to further strengthen its academic linkages with various universities nationwide, and this can best be achieved through a more aggressive campus recruitment strategy, as well as more official tie-ups through MOAs. In its 160th year, BPI hopes to continue its tradition of excellence by training and tapping students to provide the topnotch service which BPI is known.

Aside from discriminating against impoverished people, Oxfam said such system compromises the next generation’s ability to produce its own food. ”The food problem will continue -- we have to get hold of this whole system,” Oxfam Great Britain Chief Executive Officer Dame Barbara Stocking said on the launching.

Such problem can be overwhelming in the Philippines which managed to achieve 81 percent food selfsufficiency only but where over 90 million mouths must be fed daily and some two million people are added to the population annually, Oxfam noted.

The country’s vulnerability to food price surges and declining net primary productivity across some 13 million hectares of land nationwide exacerbates the challenge to ensure food security, Oxfam continued.

Alcala assured government remains focused on its food security bid despite such challenges. ”In the Philippines, we’d like to turn hard challenges into opportunities,” he said.

He reported government continues undertaking food security measures, including organizing the country’s small farmers into productive groups.

Such measures also include coordinating with local government units on agricultural and fisheries production in respective areas of jurisdic-

tion.

He said DA is likewise implementing its corn program to help ease the pressure on rice, a staple grain in the Philippines.

DA also continues promoting use of rice extenders like root crops so there can be lesser demand for the staple grain, he noted.

Stakeholders’ concerned move to protect local rice production will augur well for boosting government’s food security bid.

Such move includes extending the country’s rice quantitative restriction (QR) that is due to expire in 2012.

The QR enables government to protect local farmers by limiting volume of rice that the country can import annually so possible entry of cheap shipments from abroad can be prevented.

Rice Watch and Action Network convenor Jessica Reyes-Cantos noted the QR’s extension, subject of a justpassed resolution, will have an impact on government’s food sufficiency targets.

Sufficiency in food “is really the way to go,” she said.

Alcala said DA will study the resolution and reach soon a stand on the matter.

Earlier this year, reports surfaced government is mulling possibly petitioning World Trade Organization about extending the QR which the country secured until next year in exchange for hiking its rice minimum access volume and reducing tariffs on the grain. pna

ASIA WORLD PAWNSHOP MAIN: Osmeñ-Cogon Market, Cagayan de Oro Branch BRANCH: Ipil,Carmen , Cagayan de Oro Branch NOTICE OF AUCTION SALE Starting JUNE 24, 2011 at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since JANUARY 2011 . Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO Sa HUNYO 24, 2011 sa may 9:00 sa buntag paingon da alas 5:00 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa ENERO 2011 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.

ANG TAGDUMALA

Health

BusinessWeek MINDANAO

Buseco... from page 2

management upon instruction of General Manager Edgardo R. Masongsong through OIC GM Juancho Chiong, conducted relief distribution to the affected barangays and sitio.

Together with its Multi-Sectoral Electrification Advisory Council (MSEAC) and Barangay Member Consumers Electrification Committee (BMCEC) from other districts and barangays, Buseco donated 55 sacks of rice and blankets to 109 families affected by the flood. The said donation was also in partnership with 1-Care Partylist.

Partners and associates in the Buseco branch office of Malaybalay also did their share and donated used clothing, rice, goods, medicine, water and kitchen utensils.

Cash donations were also given by the MSEAC and BMCEC members.

Ten barangays in the Buseco district of Lantapan donated P4,000 while eight barangays in Cabanglasan donated an accumulated sum of P1,250. Six barangays in the district of Malaybalay donated P2, 000 including used clothing.

The joint effort among Buseco members accordingly is the effect of the Member Consumer Empowerment Program (MCEP) of the electric cooperative which started in October of 2006 under the management of GM-CEO Edgardo Masongsong and supported by the Board of Directors, the MSEACs and BMCECs themselves.

The distribution of relief assistance last July 1, 2011 in Sitio Panamucan was held together with the Provincial Government and the

13

Dengue Fever: A Foot Note

All about tokay ‘gecko’ THE Tokay Gecko (Gekko gecko) is a nocturnal arboreal gecko, ranging from northeast India and Bangladesh, throughout Southeast Asia, Philippines to Indonesia and western New Guinea. Its native habitat is rainforest trees and cliffs, and it also frequently adapts to rural human habitations, roaming walls and ceilings at night in search of insect prey. Increasing urbanization is reducing its range. In the late 1980s and early 1990s it was introduced into Hawaii, Florida, Texas, Belize, and several Caribbean islands, where it can be considered an invasive species.

The Tokay Gecko is known as a Tuko or Toko in the Philippines, and Tokek in Indonesian/ Javanese, for its characteristic vocalizations. People have mixed feelings about it ranging from terror of the mistaken belief that its feet can tear your skin off to great love and admiration for its entertaining vocalizations; in the Philippines, most people respect it and value it because it eats dangerous pests such as scorpions and giant centipedes.

The Tokay is also considered the “pitbull” of the Gecko world due to the fact that when they bite, they often won’t let go for a few minutes and rarely up to an hour or more, and generally difficult to remove without causing harm to the Gecko. One way of getting a Tokay to release its hold is to submerge the animal in water or settle it down, which will encourage the lizard to let go, without causing it any harm or undue stress. A less stressful method is to simply put a drop of vinegar on the gecko’s nose.

This is sometimes enough to get them to let go. For this reason, it is considered to be best as an ornamental animal for experienced reptile owners.

In Malaysia the current local

June 12-19, 2011

market price for a Tokay gecko above 300 grams is at least RM25,000. What price it fetches abroad is anybody’s guess.

A kampung folk who has a marketable sized Tokay gecko for sale will not have to wait long for serious buyers to make him an offer.

In light of its high market value, catching and trading in Tokay geckos have become a lucrative side business especially for villagers in the northern West Malaysian states and in East Malaysia.

Residents in northern towns of Peninsular Malaysia such as Pendang in Kedah and Balik Pulau in Penang have seen the gecko business grow into a cottage industry after news reports revealed that overseas buyers are willing to pay up to RM1 million for each reptile.

As the supply is getting scarce in Malaysia, agents have started to head towards Thailand to source for fresh supplies. Just drive into border towns such as Bukit Kayu Hitam in Kedah and you can easily sport wildlife trappers and agents advertising the

Tokay gecko for sale.

While numerous gecko species are sold as pets at nominal prices, the highly prized specie in demand for its medicinal value is the Tokay gecko.

Tokay geckos are in high demand by the traditional medicine industry abroad as it is believed that the reptile’s tongue can cure AIDS. Some believe that its meat is also an aphrodisiac while its blood and bile suppresses tumors in cancer patients.

Despite the on going rumours of the medicinal cures of the gecko, Augustine Tuuga, the deputy director of Sabah Wildlife Department, was quoted in one news report saying that there is currently no scientific evidence to verify the claims.

As buyers are only interested in Tokay geckos weighing 300 grams and above, those possessing smaller Tokay geckos would rear the reptiles hoping to sell them once their weight exceeds 300 grams. Although Tokay geckos usually feed on insects such as crickets, cockroaches and grasshoppers, the Tokay geckos in captivity are also fed chicken liver to speed up its growth process.

Local Government Unit of Malaybalay.

The Red Cross provided medical assistance and the DSWD. On June 2, 2011, the task force relief operation together with the Provincial Government and the Local Government Unit of Cabanglasan conducted the relief operation for the five affected barangays.

The relief distribution recently conducted by Buseco is just the first phase of its assistance to the Member Consumer Owners (MCOs).

More relief operations are to be conducted for the victims of flashflood in the affected areas of the districts of Cabanglasan and Malaybalay.

Being oriented to the seven corporate cultures of the electric cooperative, the strengthened Member Consumer Empowerment Program (MCEP) explicitly manifests the spirit of unity, solidarity and the sense of concern among the MSEACs and BMCECs. The sense of brotherhood and sisterhood among MCOs has been inculcated in them, giving and helping one another in times of calamities.

Cabanglasan Mayor Rogelio Castillanes lauded Buseco’s immediate response to the line problem in his town, saying that the current management really does its work of immediately attending to the power needs of the member

consumers.

The social obligation of Buseco as an Electric Cooperative (EC) and Distribution

BUSECO/PAGE 16

RAINY days are here. And, so is the start of the school year. With the rains, come certain diseases that are commonly encountered during the wet months. Dengue is one of them. An article caught my eye few days before the start of classes: school children to wear long sleeves to protect them from Dengue.

Dengue is an infectious disease caused by mosquito bites. The culprit in the transference of the viral particle is the Aedes Aegypti. What is funny with this type of mosquito is, the fact that it loves to thrive and stay in clean water! Thus, where there are containers inside and outside the homes or schools, where water is stagnant and clean, you get to see the mosquitoes breed and stay! It is through biting an infected individual that the agent of the disease is able to transmit it to another person.

Once a person is bitten by an infected mosquito, the initial presentation is very similar to that of any viral illnesses: there is fever, usually high grade , body malaise or a feeling of weakness, headache mostly peri-orbital in location, muscle pains and even runny nose! What is important ( which could spell the difference between

Villanueva Mayor Juliette Uy presents an architectural rendering of the proposed municipal building. The P80-million building project will be located in a 20-hectare area in this Misamis Oriental town. The building will not only house all municipal offices but will also feature a gym and e-library among other facilities. PHOTO BY : GERRY L . GORIT

life and death ) is the speed of detection and the immediate treatment. It is of note that aside from Dengue Fever, there is what we call as Dengue Hemorrhagic Fever ( where bleeding is a common occurrence ), and Dengue Shock Syndrome ( which is the most fatal of the three ).

The most common diagnostic tool for Dengue fever is the complete blood count which will give us the hemoglobin level, the white cell count and the platelet count.

When the laboratory picture is that of either a normal or slightly elevated hemoglobin, a white cell count that is predominantly lymphocytic, and a decreasing level of platelets, together with the presenting problems of fever, and the other symptoms, dengue case is highly suspect. It is thus very important to seek medical consultation.

Treatment for dengue is mostly supportive: meaning, treat the fever, and other symptoms, and hydrate the patient. It is not the rule of thumb to admit a diagnosed case of dengue. Sometimes, the attending doctor may just advise the patient to rest at home with medications and monitoring of the platelet count. In cases where there is need for hospital admission,

it would be most wise to follow the recommendations of the attending physician.

To date, there is no vaccine as yet to treat the disease.

The rationale for the difficulty in developing a dengue vaccine lies in the fact that it has four serotypes. Meaning, there are four different strains of the virus and the vaccine may hit one strain but the other strains may not be responsive to it. Thus, the need to educate the people on the preventive measures.

Cleaning the surroundings, use of mosquito repellants, wearing of long sleeves, are but a few of the things that can easily be done. These are simple practices that can help eradicate the disease and ensure the safety not only of our school age children but for every member of the family.

14 June 13-19, 2011

CongressWatch

BusinessWeek

MINDANAO

Rufus teams up with PPA for oro port modernization

By JOE PALABAO, Correspondent

IN line with the vision and mandate of the Philippine Ports Authority to meet the international standards in port facilities and services, thecCongressman of the 2nd District of Cagayan de Oro teams up with the Philippine Ports Authority for Oro port modernization.

Cagayan de Oro Rep. Rufus Rodriguez vows to support the Philippine Ports Authority in modernizing the Cagayan de Oro port.

Oro solons to block Rizal’s monument renovation CAGAYAN de Oro lawmakers Rep. Rufus Rodriguez (2nd district) and Abante Mindanao Rep. Maximo Rodriguez have called on the House Committee on Basic Education and Culture to look into the reported plan of Rizal Commercial Banking Corporation to rennovate and modernize the 94-year old statue of national hero Jose P. Rizal located at the city’s Divisoria Plaza.

In their joint House Resolution No. 1251, the two lawmakers said the planned facelift would only alter the historical significance of the Rizal monument.

They said the Rizal Monument in the city was built in 1917 through donations from prominent families in Cagayan de Misamis (formerly Cagayan de Oro). The monument marker which inscribed in Spanish languages is the oldest in the region and probably in Mindanao and has survived the ravages of time including World War II. The Rizal monument is the oldest historical marker in the city and serves as a reminder of what Rizal is for the Kagay-anons.

The monument survived the massive bombings of World War II and for decades, it is the focal point of CDO commemorative programs with patriotic themes and it is one of the heritage landmarks of Cagayan de Oro and should be preserved at all cost. The Rizal Commercial Banking Corporation (RCBC) signified its intention of modernizing the monument weeks ago under its Corporate Social Responsi-

bility (CSR).

The bank plans has made hundreds of Kagay-anons here and abroad calling on the Cagayan de Oro City Government not to give in to RCBC to renovate the old Rizal monument. In the plans, allegedly involve the demolition of the entire monument including the Spanish inscribed marker, and only the original statue will be retained. Ed R. Chaves Jr., SOLON/PAGE 16

Oro Port modernization project is one of the ten (10) key ports priority projects of PPA by the end of 2011.

Rep. Rufus B. Rodriquez said the Cagayan de Oro port being the biggest port in Northern Mindanao will get a P400million upgrade in support of PPA national development and to establish, develop, regulate, manage and operate a nationalized port system in support of trade and national development.

Through funding request and facilitation of Rodriquez, PPA General Manager Juan S. Sta. Ana has already approved

the construction of a new passenger terminal building worth P250 million with proposed project implementation 3rd quarter of 2011 to 1st quarter of 2013, paving of newly completed back-up area which will cost around P71 million to be implemented 2nd quarter o 2011 to 4th quarter of 2011 quarter and the construction of a roll-on roll-off (Ro-Ro) berthing facilities and berthing dolphins worth P50 million to be implemented 4th quarter of 2012 to 4th quarter of 2013.

For his part, port manager Necitas G. Loyola said the first two projects will be funded by

PPA’s internal funds while the third project will be undertaken as a Public-Private Partnership (PPP) project by the private sector.

The Cagayan de Oro port handles in Mindanao area an average of 3.3mmt cargo volume annually including products such as bananas, pineapples, tuna, agricultural marine and other perishable products. The modern port would be used for general cargo, dry bulk and containerized conventional domestic and foreign vessel.

Rodriquez further said that the modernization of Oro Port would definitely benefit his constituents of the 2nd district as well as the millions and millions Filipinos who consume and use the products that Cagayan de Oro and other neighboring cities and provinces in Northern Mindanao.

Renaming of 4ID camp pushed REPS. Rufus Rodriguez (2nd district, Cagayan de Oro) and Maximo Rodriguez of Abante Mindanao has filed House Bill No. 4735 which seeks to rename Camp Edilberto Evangelista, the base of Philipine Army’s 4th Infantry Division, into Camp Jose Montalvan, a native Kagayanon who fought valiantly against the Japanese invaders.

Camp Edilberto Evangelista, located in Barangay Patag, Cagayan de Oro City, is the largest military camp in Mindanao with an area of 129 hectares. Its external jurisdiction covers the Northern Mindanao and Caraga regions.

The camp was named after Don Edilberto Evangelista, a Manilan who was a civil engineer who graduated from the University of Ghent in Belgium. He put his services at the disposal of the insurrection and directed all the entrenchment and de-

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fense works which would give the Spanish forces so much trouble and Evangelista, who was conducting the defense of the Sapote River, died fighting heroically on the 17th February 1897.

In their joint resolution,

the two congressmen said that while there is no questioning the bravery and the contributions of Evangelista, it is more proper if a military camp located in Cagayan de Oro be named after a local 4ID/PAGE 15

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE REGIONAL TRIAL COURT SHERIFF NOTICE OF EXTRA JUDICIAL SALE File No. 2011-180 Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), Cagayan de Oro City, as mortgagee, against NORMA L. MAROHOMBSAR, single, mortgagor, with postal address at Blk. 8, Lot 12, Villa Angela Subd., Balulang, Cagayan de Oro City, as mortgagors, by the terms of the mortgage contract referred to… which as of March 31, 2011, amounted to Nine Hundred Twenty Nine Thousand Three Hundred Eighty Eight Pesos and 56/100 (Php929,388.56), the undersigned will sell at public auction on June 29, 2011, at 10:00 a.m. to 4:00 p.m. at the Office of the Clerk of Court, Regional Trial Court, Room 110, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property described below with all the improvements found thereon, described as follows: TCT No. T-80170 “A PARCEL OF LAND (Lot 8, Block 12, Psd104305-017795, being a portion of Lot 3046-A, Csd-402-D) situated in the Barangay of Balulang, City of Cagayan de Oro, Island of Mindanao, with an area of Ninety Eight (98) sq.m., more or less. x xx All sealed bids must be submitted to the undersigned on the above stated date, time and place.

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 hereinabove described and encumbrances thereon, if any there be.

Cagayan de Oro City, May 17, 2011.

(Sgd.) ENRIQUE M. TALAG, JR. Sheriff IV BWM May 30, June 6,13

CONGRATULATIONS to

in the celebration of your 2nd year anniversary, June 8, 2011, MORE POWER!

:

Hon. ROGELIO ROGER ABADAY City Councilor City of Golden Friendship Cagayan de Oro

1 Civil Engineering Graduate Male, with or w/o license 30 - 35 years old, with experience Willing to be assigned in Luzon and Ozamis Send resumé to: The Vice President Mindanao Operation Pacific Activated Carbon Co., Inc. Gracia, Tagoloan Misamis Oriental

Misor Today 15 gets four new Misor govt notes increase of MOGCHS buildings from Misor kindergarten enrolment in 2011 BusinessWeek

June 13-19, 2011

MINDANAO

By MARICEL CASIÑO-RIVERA Contributor

By RUTCHIE C. AGUHOB, Contributor

EXCEPT for noticeable increases in the number of kindergarten classes, the opening of classes in the Misamis Or. Division of Schools, last Monday, June 6, was generally peaceful and orderly.

This was the assessment of Mario A. Basalo, Ph.D, Officer-in-Charge/Division Superintendent who said there are municipalities whose enrolment in kindergarten rose unexpectedly, but almost all schools have started their classes in the level.

“We are actually expecting an increase of 2.5% in enrolment from the previous school year’s enrolment per forecast,” he said.

For School Year 20112012, the projected enrolment in the province is 126,252 in elementary pupils including

kindergarten and 54,357, for secondary students.

Meanwhile, Basalo said the unexpected increase in the enrolment of kindergarten pupils could be because the Department of Education (DepEd) has started to implement the K+12 program.

The said program requires all 5-year old children to enroll in the compulsory kindergarten level in order to be admitted to Grade 1, next year.

Basically, K+12 means additional three (3) years in basic education, which cov-

ers one (1) year kindergarten, six (6) years of elementary education (Grades 1 to 6), four (4) years in junior high school (Grades 7 to 10) and two (2) years of senior high school (Grades 11 to 12).

As early as January, the Mis. Or. Division of Schools have already started accepting early registrations in kindergarten to get the number of prospective kindergarten pupils for this school year, Basalo added. pia-10 EXCEPT for noticeable increases in the number of kindergarten classes, the opening of classes in the Misamis Or. Division of Schools, last Monday, June 6, was generally peaceful and orderly.

This was the assessment of Mario A. Basalo, Ph.D, Offi-

cer-in-Charge/Division Superintendent who said there are municipalities whose enrolment in kindergarten rose unexpectedly, but almost all schools have started their classes in the level.

“We are actually expecting an increase of 2.5% in enrolment from the previous school year’s enrolment per forecast,” he said.

For School Year 20112012, the projected enrolment in the province is 126,252 in elementary pupils including kindergarten and 54,357, for secondary students.

Meanwhile, Basalo said the unexpected increase in the enrolment of kindergarten pupils could be because the Department of Education INCREASE/PAGE 16

DOE turnsover Pantawid Pasada cards for NorMin

By HANNAH MAE S. SALUGSUGAN, Contributor

THE Department of Energy (DOE) has turned over the “Pantawid Pasada” Cards for thebeneficiaries of Northern Mindanao to the Land Transportation Office, region10, last week, June 7.

Dire c tor Manuel M. Llaneza of DOE Mindanao Region based in DavaoCity, represented DOE Undersecretary, Atty. Jose M. Layug, Jr., who could notcome due to precious appointments, during the turn over at the LTO-XConference Room in

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Call or Text 639187958578 (088) 3099523 Email: body.flex@yahoo.com Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 39 Cagayan de Oro City IN RE: PETITION FOR CHANGE OF SURNAME OF PIA SHIELA BUENAAGUA BADONG TO PIA SHIELA BUENAAGUA AND FROM HANS BENEDICT BUENAAGUA BADONG TO HANS BENEDICT BUENAAGUA BUENAAGUA. Represented by their mother:

SPEC. PROC. NO. 2011-055

ALMA MARBELLA BUENAAGUA BUENAAGUA, Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, CITY Respondent.

ORDER Petitioners, through counsel, file a verified Amended Petition for the change of surname, as follows: from Pia Shiela Buenaagua Badong to Pia Shiela Buenaagua, and from Hans Benedict Buenaagua Badong to Hans Benedict Buenaagua.

Finding said Petition sufficient in form and substance, the same is hereby given due course. The Petition is hereby directed to cause this Order to be published once a week for three (3) consecutive weeks in a duly accredited newspaper of general circulation in the City of Cagayan de Oro, at Petioiners’ own expenses.

Let copies of this Order be posted in the Bulletin Board of the City Hall of Cagayan de Oro City, Bulletin Board of the Local Civil Registrar of Cagayan de Oro City, and the Bulletin Board of this Court.

This case is set for hearing on July 14, 2011 at 8:30 a.m. at the Session Hall of this Court. The Civil Registrar and any person having or claiming any interest under the entries whose cancellation or correction are being sought may, within fifteen (15) days from notice of the Petition, or from the last date of publication of such notice, file his/her opposition thereto.

Let a copy of this Order be furnished the Office of the Solicitor General, Office of the Local Civil Registrar of Cagayan de Oro City, the Petitioners and their counsel.

SO ORDERED. Given this 17th day of May 2011 at Cagayan de Oro City, Philippines.

(Sgd.) MARITES FILOMENA RAMA-BERNALES Presiding Judge BWM June 6, 13 & 20, 2011

Bulua, this city.

During the occasion, Llaneza also led the distribution of thecards to the first 20 public utility jeepney (PUJ) operators who are thebeneficiaries of the Pantawid Pasada or Public Transport Assistance Program(PTAP).

He was assisted by Director Mandangan Darimbang of the LandTransportation Regulatory Franchising Board (LTFRB) and Asst. Director NapolGarcia of LTO-10.

Initiatedby President Benigno S. Aquino III through Executive Order No. 32, “PantawidPasada” aims to assist PUJ operators and drivers in coping with the oil pricehike.

The President allocated P450 M for this program from the revenuesof the Malampaya Deep Water Gas-toPower project which was spearheaded by theDOE. “PNoy understood the situation of the transport sector,” said DirectorMandangan P. Darimbang, as he underscored that it was the President himself whoinitiated the program.

The cards which are issued by the DOE contains P1,050.00 to partlysubsidize the average consumption of PUJ drivers and operators that havelegitimate franchises under the LTFRB. There are 7, 582 franchise holders in Region 10 who willreceive Pantawid Pasada cards in the succeeding days, but the figure still needto be matched with the registration at LTO-10.

“We, in the LTFRB, will make sure that the cards will really reachthe operators,” said Darimbang as he explained that the confirmation of the registrationof the PUJ units is the agency’s responsibility.

However, the cards will be loaded seven (7) days after the DOEnational office receives report from the regional offices that the franchiseholders have indeed received the cards.

“The cards do not have load yet because we wanted to ensure thatthe right beneficiaries receive it,” said DOEMindanao Regional Director ManuelM. Llaneza.

The DOE said that the card holders will still have to wait 10-14days upon receiving the cards but also forewarns them not to lose the cardssince it is still valid until 2016.

Should there be any other benefits for the transport sector throughprograms of the government, the card will still serve its purpose.

“The government does not promise that there will be more but weare open to that.

Who knows if our economy will improve and there will bemore,” Llaneza added.

Llaneza also explained that once the cards are loaded, franchiseholders can simply go to accredited gasoline stations and swipe the cards toenjoy their benefits.

He said that accredited gasoline stations will display signages toindicate that they are with the government’s program.

“This is not to solve the problem on oil price hike but to easethe effect of the high oil prices,” said Committee on Public UtilitiesChairperson Alden Bacal in response to criticisms hurled against the program.

“In fact, we should be proud because Indonesia is now studying theprogram since they see it as a good intervention of the government and theywant to copy it,” Darimbang added. pia-10

“GIKAN sa Katawhan, ibalik sa katawhan.”

Such is the slogan used

by Gov. Oscar S. Moreno in sharing the good news of the completion of a 4-storey school building worth Php34.2 million for the Mis amis Or ient al G eneral Comprehensive High School (MOGCHS), here.

During last week’s turnover of the building to the MOGCHS schools officials, the Governor said the money used in the construction was sourced out from the Special Education Fund and the Real Tax Property Fund of the province.

“Ang buhis nga makolekta sa Kapitolyo, makita pinaagi sa mga proyekto nga gipatuman sa Kagamhanang Probinsiyal (The taxes that are being collected by the Capitol can be seen by the projects being implemented by the Provincial Government),” Moreno said.

The edifice which consists of 18 classrooms has a covered rooftop, which could be used by the school for its various celebrations and special occasions, with each storey provided with comfor t ro oms and the needed blackboards and ceiling, and a landscaped front grounds The Governor said “Seryoso ako ug si ViceGovernor Norris Babiera sa mga programang pang edukasyon sa Misamis Oriental kay nagtuo kami nga edukasyon lamang ang puhunan sa mga kabataan aron makaangkon sa maayong kaugmaon,” Meanwhile, the province is set to construct another schoolbuilding for MOGCHS to respond to its

4ID...

from page 14

Kagay-anon who also fought for our country against foreign invaders.

Jose Manuel Corrales Montalvan was born on March 17, 1903, in Cagayan de Oro. He was a Commissioned First Lieutenant in the U.S. Army Reserve in 1928 and trained with the U.S. Army Extension Courses.

He was also an instructor in Military Science & Tactics in Ateneo de Cagayan, from 1933 to 1937. He resigned from the U.S. Army Reserve and was commissioned First Lieutenant, Infantry Reserve, Philippine Army on July 16, 1936 and was called to active duty training at Camp Murphy Training School for Reserve Officers (Infantry), assigned Company Commander of the training officers company, and graduated No. 5 with a general average of 90.7% in 1938.

Montalban was further called to an extended tour of active duty and assigned as Cadre Commander of the 2nd Misamis Oriental (Machine Gun) Cadre at Camp Bulua (Now Camp Evangelista), Cagayan de Oro from

MORENO

need for more classrooms, the Governor assured.

Est ablished in 1909, MOGCHS, formerly called the Misamis Provincial High School (MPHS) was the first public high school in the entire Misamis Province that covered the span from Surigao to Zamboanga before they were sub-divided into provinces.

As of now, MOGCHS is under the supervision of the Mis. Or. Division of Schools of the Department of Education (DepEd) but almost all the students enrolled are residents of Cagayan de Oro City.

During the occasion, Luz A. Almeda, Ph.D., Director of DepEd, Region 10, Mario A. Basalo, Ph.D, Officer-in-Charge/Mis. Or. Schools Division Superintendent, Pedro H. Montejo, Principal of MOGCHS, Bishop Arthur G. Golot, General Parents-Teachers Association President and the rest of the MOGCHS community expressed their thanks to the Provincial Government for its efforts in responding to their need for more classrooms. pio/ pa-10 January 1, 1939 to Dec. 31, 1939.

He was appointed Camp Commander and Mobilization Center Officer from January 1, 1940 up to outbreak of World War II. He was taken POW by the Japanese and detained at the campus of Ateneo de Cagayan and when he escaped from the camp he proceeded to Misamis Occidental to join the Guerrilla Movement of Col. Wendel Fertig. He is a holder of the following awards and decorations: Philippine Defense Medal; American Defense Medal; Asiatic-Pacific Campaign Medal; World War II Victory Medal; Philippine Republic Unit Citation Badge; and U.S. Distinguished Unit Badge.

“It is readily apparent that Major Montalvan is a war hero who has fought against the Japanese in order to ensure that the Philippines retain its independence. He gave up his best years in his life to fight for our country.

It is therefore appropriate that he be honored by renaming Camp Evangelista into Camp Jose Montalvan, in honor of a Kagay-anon who risked his life for our country,” the Rodriguezes said.

10 16 June 13-19, 2011

BusinessWeek

MINDANAO

Misor towns benefit from medical mission

By GERRY L. GORIT

RESIDENTS of remote and rural areas in eastern Misamis Oriental were beneficiaries of a medical mission conducted yesterday.

Soldiers of the 58th Infantry Battalion, under Lt. Col. Jose Emmanuel Mariano, of the Philippine Army’s 4th Infantry Division, under Maj. Gen. Victor Felix, performed dental works, circumcision of boys, medical checkups and treatment as well as held a feeding program.

According to 1Lt. Charles Regan Sison of the Bravo Company of the 58th IB, the activity was undertaken to

bring the services of the government closer to the people.

Sison said the local government units assisted in identifying the beneficiaries of the project undertaken with the office of Misamis Oriental 1st District Rep. Peter M. Unabia.

He added that they named the outreach as Bayanihan to promote unity and achieve peace in the areas serviced.

The theme was anchored on bridging unity, peace and development.

Sison said they also conducted dialogues with the residents to hear their concerns in these issues.

T he med ica l mission

Soldiers of the 58th Infantry Battalion give free dental checkups to beneficiaries in Gingoog City yesterday. The medical outreach was jointly undertaken by the office of Misamis Oriental 1st District Rep. Peter M.Unabia, the 4th Infantry Division under Maj. Gen. Victor Felix and the 58th Infantry Battalion under Lt. Col. Jose Emmaniel Mariano.PHOTO NU: GERRY L. GORIT

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reached rural barangays in Salay, Magsaysay and Gingoog.

Joining the activity were provincial board member Geodeguil Ursal and 58th IB civil-military operation officer 1Lt. Jeson Marmol.

Buseco... from page 13

Utility (DU) to deliver services to rural communities by virtue of P.D. 269 or Rural Electrification Program has diverted its vision through a paradigm shift where Buseco, similar to other ECs, being confronted with the threats of EPIRA through competition and open access, has prepared itself with such challenge and strengthened itself in particular through the Member Consumers Empowerment Program (MCEP), having recognized the significant participation of the MCOs in the delivery of services who are the very reason of the EC’s creation and existence.

Organizing the task force for relief operation for the victims of flashflood within its franchise area is just part and portion of its corporate social responsibility.

Buseco attain commendations due to its external engagement and linkages which are within its paradigm shift upon entering into the idea of puttingup a foundation through the Bukidnon Electric Consumers (BECO) Foundation.

It envisions to take part as well as a sub-transmission corporation through the Bukidnon Sub-Transmission Corporation (BSTC) in consortium with FIBECO in order to respond to the demands of the people of Bukidnon in elevating the economic well-being of the MCOs and ensuring the reliability of system of both Buseco and FIBECO distribution and transmission lines.

With Buseco sincerely performing its role as a distribution utility (DU), implementing the Rural Electrification Program, conforming and complying with the policies set by the National Electrification Administration (NEA) and Energy Regulatory Commission (ERC), and strategically preparing with the challenges brought about by EPIRA, it’s not just in the distribution service, but also in the transmission, foundation and soon in the generation of energy.

Telecom... from page 1

and influence in the market.”

Globe has since been lobbying nationwide for support against the deal ahead of the presentation of regulators’ report to Malacanang this week.

The Ayala-led telecommunication company currently serves 27.3 million subscribers with only 99 megahertz while Smart and Sun will effectively serve 60 million subscribers with 372 megahertz.

“The main reason why Globe opposes the merger is because it does not level the playing field. The consolidation of the two companies is anti-competition in as much as they will be accumulating all the frequencies,” Mr. Salalima pointed out.

At present, Globe is assigned a

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AREA sqm

Brgy. Mandagoa, Balingasag, Misamis Oriental Brgy. Larayan, Dapitan City, Zamboanga del Norte Davao-Agusan Hiway, Bunawan, Davao City Brgy. Annex, Ozamis City

269,603 8,328 873 1,110

total of 99 units compared to the total of 372 units of a consolidated PLDT and Digitel.

An international telecommunications organization allocates frequencies globally and the NTC then allocates the frequencies assigned to the Philippines to different telecommunication companies.

Globe has been allocated only one block of frequencies. But a PLDTDigitel merger will get five blocks.

Frequencies are the highways in the transmission of voice, data and text messages. And if PLDT and Digitel are allowed to merge, they virtually control the use of this highway.

“Additional spectrum allocation rationally distributed to market competitors will benefit the consumers so the government should ensure there is no imbalance in this resource and it is used efficiently to bring more, better and inexpensive communication services to the public,” Globe said in a press release.

Salalima urged the government, particularly the NTC, to level the playing field by disapproving the merger and ordering the “Goliaths” to divest their other frequencies which are not being used and are just being “warehoused” so that the “Davids” will not be able to use these.

“We are urging the government to level it out and that they divest their other frequencies,” he said.

He stressed that the PLDT-Digitel merger violates NTC Memorandum Circular No. 07-08-2005 (Rules and Regulations on the Allocation and Assignment of 3G Radio Frequency Bands) that states: “Entities with more than 50% of common stocks owned by the same person or group of persons shall be considered as associated applicants, at the time of the application, and such entities shall be allowed to elect one of them to proceed in the filing of application for 3G services and 3G radio spectrum before the Commission.”

Government, he said, should ensure a level playing field that will allow consumers to choose the best services and give telecommunications providers equal opportunities to compete. But if government allow the merger, an imbalance in the market share and scarce frequency resources will result that will affect free competition and services to millions of subscribers, among others.

“An informed choice is good for the consumers,” Salalima said.

Salalima said that while the Constitution prohibits monopolies, PLDT has not really followed this basic law of the land and other laws passed

by Congress, the National Telecommunications Commission (NTC) and even the Supreme Court.

Twenty years ago, the SC ruled that interconnection is a legal intervention of the State, and yet PLDT continues to defy this ruling by refusing the interconnect with other telecom companies, particularly Globe, in at least 31 areas all over the country.

In Davao City alone, PLDT and Globe’s interconnection only became a reality in July 2010 after then Mayor Rodrigo Duterte “forced” PLDT to follow the law, Salalima said.

Interconnection allows subscribers of both telecom companies to make calls at either telecommunication lines without paying long distance charges.

“It took a Duterte to force PLDT for interconnectivity here.Sana may Duterte din sa probinsya ninyo,” he said in a press conference here Friday.

In earlier statements, Globe likewise sought to fan fears that rivals would strike down budget services

for consumers despite repeated assurances of otherwise.

It said it “doubted” PLDT would honor its promise to retain Digitel’s unlimited call and text packages after the acquisition, airing concern over the budget service it had earlier blamed for cutting into 2010 profits.

“Given PLDT’s track record of unfulfilled promises in the telecommunications industry, it is highly unlikely that they will follow through on their verbal commitment to retain the ‘Unli’ plans,” Mr. Salalima said.

PLDT’s acquisition of JG Summit Holdings, Inc.’s 51.55% stake in Digitel is scheduled to be completed by end-June.

This will result in a lopsided imbalance of spectrum allocation in PLDT-Digitel’s favor, Mr. Salalima said.

The P69.2-billion deal will give the dominant telco some 70% of the domestic mobile market according to earlier reports.

Solon...

monument and therefore part of the historical marker or relic and should therefore remain part of the renovated monument. Chaves cites Republic Act 4846 which states that the policy of the state is to protect, preserve and respect landmarks, relics and structures that form part of history adding that anything that is part and parcel of the city’s history as a community, city or nation is not replaceable nor changeable, unless history is rewritten.

from page 14

president of Tigum Kagay-an, a local chapter of Kagay-an International (KI), said the plan should not be pursued since the Rizal monument is the oldest historical marker in the city.

He said that there should be no detaching of the marker because the pedestal and marker, written in Spanish, were part of the original

BWM April 4,11,18,25, May 1,9,16,23,30, June 6,13,20

from page 1

King Energy Generation Inc., a newly constituted Filipino-Chinese joint venture willundertake the construction and operation of a diesel power plant in Barangay Puntian which will supply 3.2 megawatts (MW) of peaking power exclusively to the First Bukidnon Electric Cooperative, Inc. (FIBECO).

“Due to its distance from the Pulangui hydroelectric power plant in Maramag, the municipality of Quezon is often plagued by low voltage,” said Raymond B. Ang, King Energy board member. “This power plant is a sort of a last-mile project to bring electricity to areas in Quezon which would otherwise not enjoy the benefits of electricity, a basic human right.”

The new company is an offshoot of Meter King, Inc. (MKI), which was started as asingle proprietorship in 1994 by couple Edgardo L. Salvame and Rosalie A. Salvame primarily to manufacture, import and distribute electrical products and supplies, and construct power substations, transmission and distribution lines.

Over the years, Meter King built a reputation as a reliable and quality supplier of electrical products for 32 rural electric cooperatives all over the country which have all certified Meter Kings’s superiority in product quality as a legitimate supplier of distribution equipment and contractor of transmission lines and substations for private companies.

“We strive to provide our clients with afforda blealternatives without sacrificing quality and standards,” said Mr. Salvame. “We demand excellence from our employees whom we consider as part of MKI’s family without sacrificing their respect and dignity.”

With 17 years of experience and expertise gained through MKI and its advocacy to support rural electrification through IEEC, KEGI now aims to help alleviate the plight of energyhungry localities all over the country, starting with its power plant project in Quezon, Bukidnon.

“KEGI is financially secure, technically competent, ensures superior quality products, distinctive and competent service withsocial responsibility,” said Mr. Ang. For its next project, KEGI will undertake the construction and operation of another 10.6MW diesel power plant in San Luis, Gingoog City, Misamis Oriental later this year.

To further bolster Bukidnon’s energy security, the Cagayan Electric Power and LightCompany (CEPALCO) has declared its intention to partner

covers one (1) year kindergarten, six (6) years of elementary education (Grades 1 to 6), four (4) years in junior high school from page 15 (DepEd) has started to implement the (Grades 7 to 10) and two (2) years of K+12 program. senior high school (Grades 11 to 12).

The said program requires all As early as January, the Mis. Or. 5-year old children to enroll in the Division of Schools have already started compulsory kindergarten level in order accepting early registrations in kinderto be admitted to Grade 1, next year. garten to get the number of prospective Basically, K+12 means additional kindergarten pupils for this school year, three (3) years in basic education, which Basalo added. PIA-10

Increase...

Contact: PACCO GLO - 0920-9061709 / (088) 567-1338

Energy...

with Rep. Florencio T.Flores, Jr. (2nd District, Bukidnon) to pursue the construction of the P15-Billion Pulangui III Multi-Purpose Dam. The project is expected to generate 90 megawatts (MW) of electricity or around 300 million kilowatt-hours annually at a cost of only P3.50 per kilowatt-hour, the cheapest among all large hydro power plants being considered in Mindanao.

It could become operational by 2016.

Coke... from page 1

Forinstance, the mayor said, the company has bought some 280 dwelling units from the local government unit (LGU) to house their employees in the area.

Part of the resources used in the completion of the plant, such as, the purchase of equipment, came from Coca-Cola’s US$1B investment in the Philippines, committed to former President Gloria Macapagal-Arroyo five years ago.

“This plant is the realization of our commitment to bring in $3-billion investment in the Philippines,” said CCBPI chief executive officer Bill Schultz.

“Our Misamis Oriental plant is our first Greenfield operation in almost 10 years, where we are building a plant from the ground up, instead of just upgrading existing facilities. We’re inaugurating an environmentally and technologically world-class facility. This is a very exciting time for us,” he said.

The new bottling plant, sitting on 11-hectare property, is due for a silver-LEED (Leadership in Energy and Environmental Design) certification because of its building approach and environmental conservation capabilities, Mr. Schults said.

“It is the single biggest plant in Mindanao” of the CCBPI family,” said Irial Finan, president of Coca-Cola’s Bottling Investments Group.

“Sustainability is always part of the way we do business. From day one, when we were conceptualizing this plant, we’ve made the welfare of the environment and the local community our top priority. Aside from its strategic location, the decision to build our newest plant on this site was also made based on the minimum impact it will have on the natural resources of the area, as well as the surrounding communities,” he said.

The LEED certification is given by the United States Green Building Council to buildings with capabilities in water efficiency, energy efficiency, resources conservation, as well as occupational safety.

Schultz said part of the plant’s environmental features include rainwater harvesting, state-of-the-art technology for wastewater treatment, solid waste segregation, high efficiency motors to reduce air pollution, LED lighting fixtures and water conservation features in the site services.

The plant also uses rice hull for its boiler, added Schultz.

The CCBPI Misamis Oriental plant is strategically located to improve Coca-Cola’s production and distribution capability in Mindanao. It will also serve part of the Visayas region.

“The Misamis Oriental plant will tremendously boosts our efforts at attracting investors to Misamis Oriental,” said Gov. Oscar Moreno.

Moreno said the province is “very fortunate that Coca-Cola is calling Misamis Oriental one of its homes” as it will greatly impact the revenue of the province in terms of investment and direct taxes, as well as reduce its unemployment rate.

Villanueva, which is home to the Phividec Industrial Estate (PIE), has an unemployment rate of 29.4 percent.

The CCBPI Misamis Oriental plant is projected to reduce this rate by 10 percent, said Mayor Juliet Uy. Uy said while Villanueva is largely and basically an agricultural town, much like the rest of Misamis Oriental, it is projecting itself as the industrial hub of Northern Mindanao and the entire Mindanao island because of the PIE. Among the PIE’s locators are companies like Philippine Sinter Corp., STEAG State Power Inc., and Purina.

And with the latest locator, the CCBPI Misamis Oriental plant, the town is on its way to reducing poverty in Misamis Oriental.

“Poverty alleviation through industrialization must be given emphasis without harming agriculture and other traditional sources of livelihood of our people,” Uy said.

The Misamis Oriental plant is the latest plant of the CCBPI family, which has plants in Laguna, General Santos City, Davao City and Zamboanga City.

BusinessWeek MINDANAO

June 13-19, 2011 17 Caraga .Today Agusan Norte marks 44 yrs with new ray of hope for economic prosperity

By ARJAY S. FELICILDA Caraga Bureau Chief

Provincial Capitol of Agusan del Norte.

DAR celebrates 23rd CARP anniversary SIMPLE, but meaningful.

That’s how DAR 13Regional Director Faisar Mambuay describes the celebration of the 23rdCARP Anniversary of the Department of Agrarian Reform-Caraga Region.

Mambuay said the celebration will showcase thegains of the program and its direction towards convergence efforts followingthe National Convergence Initiatives of the present administration.

Highlighting the celebration will be the region’sparticipation in the Agrikultura Trade Fair at SM Megamall on June 24-26, 2011in cooperation with the Department of Agriculture (DA) and the Department ofEnvironment and Natural Resources (DENR). During this occasion, Caraga Regiowill present its best programs, projects and practices.

In the regional level, DAR will join in themotorcade of ab out 1000 ARB-farmers from Agusan Norte on June 15, 2011.

Themotorcade will b e spearheaded by the Federation of Agrarian Reform CommunitiesCooperatives (FEDARCCO) of Agusan del Norte. The motorcade

will be staged inthe major streets of Butuan City taking off at the Sto. Nino Shrine in Libertadfollowing a Thanksgiving Mass offered by DAR. Other celebrations in the Provincial Officesinclude Farmers Forum in Agusan Sur, June 9; MiniTrade Fair of ARB Products inTandag, Surigao del Sur on June 14; Media Fusion in Butuan City on June 21 anddistribution of Certificate of Land Ownership Awards (CLOA) in Surigao delNorte on June 29.

Thecelebration is anchored on the signing of the Comprehensive Agrarian Reform Lawlast June 10, 1988 by then President Corazon Aquino.

This gives life toAquino’s centerpiece program --CARP. regional information officer joie l. ceballos/caraga bureau chief arjay s. felicilda

Bartolome... from page 9

shows. You never know when the opportunity arises for you to join one.

Choosing from several concepts After shopping, select two or three concepts that you’ll be happy with. Then write a Letter of Internet to the franchise. Be specific about

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 42 Medina, Misamis Oriental Petition to Adopt Minor Hannah Noelle Pelaez,

FC SP. Proc. Case No. 002-M

Sps. Antonio R. Reyes and Arlene Z. Reyes, Petitioners, X-----------------/ ORDER On April 13, 2011, petitioners SPOUSES ANTONIO R. REYES and ARLENE ZERNA REYES, through their counsel Atty. Remedios C. Llego, filed a petition to adopt minor HANNAH NOELLE PELAEZ, who will then use the complete name HANNAH NOELLE ZERNA REYES, if the petition is granted.

Since the petition and its attachments are substantially sufficient in form and substance, the petition shall be heard on July 27, 2011 at 8:30 o’clock in the morning, at Regional Trial Court – Branch 42, Medina, Misamis Oriental.

At petitioners’ expense, let a copy of this Order be published at least once a week for 3 consecutive weeks in BUSINESSWEEK MINDANAO, G/F Ficco Bldg., Lapasan Highway, Cagayan de Oro City, a newspaper of general circulation in the province of Misamis Oriental.

The Court Social Worker Aideliza J. Lumbatan is hereby ordered to prepare and submit the Child Study Report and Home Study Report before the hearing date. Upon receipt of this Order, the petitioners &/ or their counsel should immediately coordinate with the Court Social Worker for the preparation of the reports.

Further, the petitioners are ordered to submit to this Court a certified true copy of the Marriage Contract of petitioner ANTONIO R. REYES to his first wife, the Certificate of Death of his first wife, and the Decree of Annulment of petitioner ARLENE ZERNA REYES from her first husband within 5 days from receipt of this Order.

Let a copy of this Order be furnished to the Office of the Solicitor General through the Provincial Prosecutor’s Office of Misamis Oriental, and the Department of Social Welfare and Development – Field Office No. 10 through its Regional Director.

So ordered.

Done in Chambers on May 17, 2011, in the Municipality of Medina, Province of Misamis Oriental.

(Sgd.) JUDY A. SIA-GALVEZ Presiding Judge BWM May 30, June 6,13

AGUSAN del Norte – Local and foreign investments continue to flow into this province, showing brighter hopes for better employment opportunities and economic enhancementfor the Agusanons.

This, as the province prepares for the ‘Araw ng Agusandel Norte’, June 1317, 2011, the province’s 44th founding anniversary.

Governor Erlpe John M.Amante disclosed that the new investors, most of them Koreans, have already settledthemselves, particularly in Las Nieves town.

One of them is the New Philcorn Corporation (NPC) of SouthKorea,

which is into corn production and processing. Its facility is in a 100-hectarearea of LASBUENASCAR Sustainable Agro-Forestry Development in Las Nieves town.

The memorandum of agreementto this effect was inked on March 11, this year, between the provincialgovernment and NPC officials.

A local company, the LaAgusana Fresh International, Incorporated (LAFII), is also developting a bananaplantation in Las Nieves, in partnership with Del Monte Fresh Produce, Inc. Theground-breaking took place last January 2011, Another South Korean company, C & G Group

(Chungoongand Global Group), engaged in rubber plantation, is also putting up a sawmill facilityin Barangay Lingayao, Las Nieves own.

Drawing both local andforeign investors in the province of Agusan del Norte is part of the sixpointagenda of the Amante administration toward uplifting the economic status of hisconstituents.

Meanwhile, various activities are being lined-up for the ‘Arawng Agusan del Norte’ and the province’s 44th year anniversarycelebrations.

These, include the tourism trade fair; agro-fair exhibits; searchfor the best barangay; medical, dental,

laboratoryand radiology services; diabetic screening; veterinary outreach servicesand musiklaban competition... all aimed at making the celebration colorful andmemorable.

Governor Erlpe John M. Amante is scheduled to deliver hisState-of-theProvince Address (SOPA) today, Monday, centering on major plans,programs and significant accomplishments of his administration for the year2010.

Founded in 1967, Agusan delNorte is fast becoming a haven for investments, as can be gleaned from theinflux of local and foreign investors to the area. with report from the officeof the governor

wanting a master franchise and ask for brochures. Some franchisers will provide you with information on the license and other fees immediately, but others will give them to you later.

Once you receive the documents, check out the following: • The franchiser’s record in international franchising. A franchiser with long years in the business will want higher fees compared with those that are new in franchising.

• The number of companyowned and franchisee-owned businesses. A franchiser with more company-owned branches is more credible than one with more franchisee-owned stores.

• The features of the business concept. From the brochures, are you able to identify the franchiser’s uniqueness? Do these allow you to put a value on the concept and to identify the features that will let you position yourself effectively in the market?

After reading the business concept from the brochures, make a study. Is there a market for it in the Philippines? If there are companies already offering the same product or service, is there a market segment you may still tap? How big is it?

Ideally, the concept should be pioneering or first to satisfy a par-

ticular market need. But, as a result of the influx of foreign franchises, and the growth of homegrown ones, it’s a good bet you’ll have direct and indirect competitors. Regardless, look for a market segment you can tap for the franchise concept.

Choosing the franchise you like After checking out the brochures, select one franchise concept.

Then communicate with the foreign franchiser and get more information. Pay particular attention to the basic terms and fees of the master franchise for the Philippines and the steps to pursuing the application process. This process varies depending on the franchiser, but the following are basic: • The Qualification Form Be honest and forthcoming when filling out this form. Franchisers do background checks.

• A visit to the franchiser’s head office You will have to meet the franchiser face to face to resolve the question of compatibility between the two of you. Most master franchises have a life of 10 years or more.

Can you work with the franchiser that long?

During your visit, request a copy of the Franchise Disclosure Document (FDD) from the US franchis-

ers. These documents contain very important facts about the franchiser.

• Memorandum of Understanding of Agreement This document indicates a level of commitment to do business between you and the franchiser. The franchiser normally will indicate payment of a certain percentage of the license fee. If, at this point, you have even the slightest doubt about getting the franchise, don’t sign the MOU. Franchisers accept the reality that, sometimes, a franchisee needs more time to decide.

• The Business Plan In the Business Plan, you, the applicant, map out the strategies for developing the franchise in the Philippines. The franchiser usually provides the format, and it indicates a study of the market for the franchised business. The business plan and market study should provide you with the initial indicators of the success and viability of the franchise concept.

• The Master Franchise Agreement The franchise normally will give you enough time to review the Master Franchise Agreement. This document indicates the terms of your relationship in the coming years, and may not be amended except through

mutual consent. Don’t be intimidated by the number of pages – usually 45 or more – but read through carefully and then write down your comments.

Next, get a lawyer familiar with international franchising to review it.

He should be able to translate legal jargon into layman’s language, and to make sure the agreement complies with Philippines laws. When reading the agreement, pay particular attention to the follow: • The terms of the franchise and its renewal • The continuing fees • The development schedule • Support from the franchiser • The responsibilities of the licensee (this means you) • The right to sub-franchise, its terms and the sharing of fees • Termination and defaults.

After you sign the Master Franchise Agreement, your payment of all the fees gets the development schedule going. You will have to train at the franchiser’s head office for two or four weeks.

Those who are interested to know more on franchising, you may now download a copy of my book “Is Franchising For You?”. Do go to either amazon.com or Itunes.com.

Keep in touch! You may reach me at philfranchiseguru@gmail.com

18 June 13-19, 2011

Arts/Culture

BusinessWeek

MINDANAO

PILIPINAS GOT TALENT

Liceo’s greatness in Physics Jovit Baldivino et al.. in concert receives national award

AS the center for culture and arts in Northern Mindanao, Cagayan de Oro will play host to JOVIT BALDIVINO Live back to back with Markki Stroem, Erwin Baguion, and EZRA Band on Saturday, July 2nd, 2011, 8pm at The Atrium of Limketkai Center.

Together with the Manny Pacquiao Band as backline musicians, Pilipinas Got Talent concert show will surely be a musical celebration for the entire family.

Considered a must see event, the show will feature the reigning grand champion of Pilipinas Got Talent Mr. Jovit Baldivino. An exemplary singer recording artist of Star Records, this multiawarded musician mesmerizes young and adult audiences alike in all his sold out

concerts, the latest of which was on May 13 in Davao City.

In tandem with the handsome and girls favorite FilNorweigian singer Markki Stroem and the gifted Sherwin Baguion and EZR A Band, this group will take

your breath away with classic genre, love songs and top 40 hits.

For the first time ever live in Cagayan de Oro, experience the alluring music of Mr. Jovit Baldivino and the versatility and sophistication of the group in a grand musical celebration guaranteed to touch the soul of audiences young and old.

As ultra talented performers, witness their one of a kind synergy like never before experienced.

The show happens on July 2, 2011, Saturday, 7:30pm at the The Atrium – Limketkai Center. Tickets are popularly priced at P150, P200, P250, P400 and VIP P500 available at choice ticket outlets around the city and from select establishments.

By FIL DEO, Correspondent

L ICDEO de C a gay a n University(LdeCU) does it again…this time in the field of Physics.

This, as its high school sciencea nd technolog y chair, Engr. Felix L. Nistal, was conferred the most covetedNational Physics Educator Award by the Philippine Physics Society (PPS) duringthe National PPS Convention at Silliman Universit y, Dumaguete City, April 5-9,this year.

Engineer Nistal alsoreceived two other prestigious honors during the occasion, the PPS NationalPhysics Lecturer/Presenter Award and the PPS Order of Maxwell Award, which is givenonly to those, who have at least 15years in physics teaching.

An incumbent member of thePPS National Board, Engr. Nistal started teaching Physics in 1988.

In an exclusive interviewwith BusinessWeek Mindanao (BWM) and Mindanao Daily Ba lita (MDB), the 53 yearawardee

NOTICE WORLD OCEAN’S DAY : Volunteers from XU McKeough Marine Center and STEAG State Power Inc. celebrated this year’s World Oceans Day. on 8 June 2011 by extracting “Crown of Thorns” (left photos) locally known as dap-ag at the Macajalar Bay in Villanueva, Misamis Oriental. Dap-ag, which is a venomous type of sea star, prey on live corals and often killing them in the process. Through this destructive feeding,crownof- thorns disrupt the entire reef marine ecosystem. PHOTO SUPPLIED

Congratulations and more power to:

NOTICE is hereby given that the intestate estate of the late BARTOLOME ABALES who died at Bugo, Cagayan de Oro City left a parcel of land described as Lot No. 19682-d Psd10-000591, situated at Bugo, Cagayan de Oro City containing an area of 282 sq.m. more or less with TCT no. T-24344 is under Extra-Judicial Settlement of the Estate of Bartolome Abales with Deed of Sale to Jerome Canonigo of Bugo, Cagayan de Oro City for in consideration of P20,000.00 under Notary Public Atty. Maneul A. Akut as per Doc. No. XXX, page no. XX, Book No. XXX, Series of 2011.

BWM June 13, 20 & 27, 2011

on its 2nd Year Anniversary

Greetings from:

attributed the awards to his constant fellowship with other Physicspractitioners all over the country to impart his knowledge in the subject He now heads the PPS Chapterin Region 10, while serving as president of the Science Club AdvisersAssociation of the Philippines (SCAAP), director of the Tripartite IndustrialPeace Council (TIPC), and president of the Biology Teachers (BIOTA) of LdeCU. In the same interview, hepointed out that physics plays a very vital role in any kind of business,particularly with regards to volume and length measurements.

“Physics is a very basicsubject in business because it enables us to measure correctly, not merely oncommon sense,” Engr. Nistal explained.

He further described it as aperfectionist’s sub-

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 23 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE FILE NO. 2009-1051 2009-105 Upon extra-judicial petition for the sale under Act No. 3135, as amended by Act No. 4118, file by BALIKATAN HOUSING FINANCE, INC., INC. mortgagee/assignee, with business address located at 24th Floor, BPI Buendia Center, Sen. Gil Puyat Avenue, Makati City, against SPS. TIBURCIA M. TAN AND JUAN B. TAN TAN, with postal address at Kibawe, Bukidnon and Lot 7, Blk. 18, Ph. 1, YOUNGSVILLE SUBD., BO. IGPIT, OPOL, MISAMIS ORIENTAL, the mortgagor/s, to satisfy the mortgage indebtedness which as of September 18, 2009, amount to PESOS Two Hundred Eleven Thousands Four Hundred Twenty Five Pesos (Php Php 211,425.00) 211,425.00 including interest, penalties and charges, court fees, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on July 13, 2011 at 10:00 am or soon thereafter at Branch 23, Regional Trial Court, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in the Philippine Currency, the following real property/ies, will all the improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-16382 “A PARCEL OF LAND (Lot 7, Block 18 of the Cons. Subd. Plan, PCS-10001089, being a portion of Lots 3507-B, 3507-C, 3507-D & 3507-E (LRC) PSD211999, Situated in the Barangay of Igpit, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 1-2

by Lot 2; on the NE., along line 2-3 by Lot 6, both of Block 18 of the Cons.

Subd. Plan; on the SE., along line 3-4 by Alley 29 of the Cons. Subd. Plan; and on the SW., along line 4-1 by Lot 8 of Block 18 of the Cons. Subd. plan xxx containing an area of ONE HUNDRED SQ. M. (100) xxx” All sealed bid must be submitted to the undersigned on the above-stated date, time and place.

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

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

Cagayan de Oro City, May 19, 2011.

BWM June 6, 13 & 20, 2011

(Sgd.) RICO A. REMALIG Sheriff IV

ject, as “we ourselves being Physics practitioners have that‘no-more no-less’ sense of measuring things,” said Engr. Bistal.

It can be observed that notmuch people are into Physics now-a-days because “it is a very difficult subject.

Besides, most institutions are seemingly disinterested to acquire modern andsophisticated equipment and facilities because there is awfully less number oftakers.” (Fil Deo, Correspondent) BWM learned that in Cagayande Oro City, only LdeCU, Xavier University and the Mindanao University ofScience and Technology (MUST) have fullfledged Physics instructors The rest aresimply Physics enthusiasts.

His advise to those whowould wish to take up Physics : “Know and understand fi rst the real language ofphysics, which is mathematics, before finally jumping on it.”

Engr. Nistal obtained hisMaster’s degree in Science Teaching(MAST), major in Physics from the consortium of Silliman University, SiquijorState College, Ateneo de DavaoUniversity and the University of San Carlos. janjan felicilda

NOTICE NOTICE is hereby given that the estate of the late Diraguidun M. Dimaampao who died on December 28, 2010 at Marinaut, Marawi City, a Survivorship Pensioner of the late Palao D. Dimaampao, the said deceased died intestate without any last will or testament and without any outstanding debts or accounts; has a monetary claim fron the Government Service Insurance System (GSIS), in the net amount of more or less, Fifty Six Thousand Pesos (P56,000.00), is subject of the extra-judicial settlement among legal heirs; Jalila M. Dimaampao, Jamarol M. Dimaampao, Junaira M. Dimaampao , they adjudicate thereselves the above amount in equal shares; per Doc. No. 361; Page No. 72; Book No. 10; Series of 2011 in the Notarial Register of Atty.

Dimapuno Ramos Datu.

BWM June 13, 20 & 20, 2011

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BusinessWeek MINDANAO

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Make this Fathers Day a special shopping treat for your Dads. Happening only in SM Department Store Cagayan de Oro.

June 13-19, 2011

19

HOTELS RESTAURANTS Pryce Plaza Hotel

Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservations@pryceplaza.ph

Hotel Koresco

Pueblo de Oro Golf Course,CDO, Tel. No. [088] 858-2381/ 859-2294, E-mail:hotelkoresco@yahoo.com

Mallberry Suites

Limketkai Drive ,CDO, Tel. No. [088]854-3999 / 854-7999 E-mail:info@mallberrysuites.com

Dynasty Court Hotel

Tiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410 E-mail:dynasty@philcom.ph

The Marigold Hotel Velez cor. Luna Sts, CDO Tel Nos. 856-4320, 726937

Marco Resort Tel. No. 732182 / 855-220

VIP Hotel

A.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505 E-mail: info@theviphotel.com.ph

Philtown Hotel

Makahambus-Velez St. CDO,Tel. No. 723089 / 856-1813

De Luxe Hotel

Capt. V. Roa St. CDO, Tel. No. 726527 /857-2144

Maxandrea Hotel

J.R. Borja St. CDO, Tel. No. 729943/ 857-2244 / 857-4154

Grand City Hotel

A.Velez- Sts. CDO Tel. No. 723551 / 723658 / 857-1900

Hotel Conchita

Yacapin Ext. CDO, Tel. No. 727356 / 856-3856 E-mail:hotelconchitapge@yahoo.com

Harbor Lights Hotel Gusa, CDO Tel. No. 724878 / 855-6060

Country Village Hotel

Carmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05

Southwinds Hotel

Capt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036 E-mail:i_agudo@hotmail.com

Apple Tree Resort and Hotel Taboc, Opol, Misamis Oriental, Tel. Nos. 754525/ 754263/ 3091986, Fax No. (8822) 754497

Discovery Hotel

Limketkai Drive, CDO tel. No. 72-78-14, 72-73-20

Pearlmont Inn

Limketkai,Drive,CDO Tel. No. 729111 / 856-2654 / 729455

Our Ham Products The famous SLERS Jamon de Cagayan also known as Legham is prepared the old- fashioned way: a long process of salt curing and natural smoking. This ham is fully cooked packed in a “katcha” cotton bag ready as a giveaway present or to eat.

Country Style Ham, the flagship product of SLERS, is prepared naturally and dry-cured in salt, smoked over fragrant hardwoods, and is aged at least six months.

A perfect addition to your dining table during special occasions, festivities, and Christmas Holidays.

Picnic Ham, also known as pork shoulder, undergoes the same smoking process that gives it that distinct taste inherent in ham but is served with the skin on providing it with a unique texture.

The SLERS Pearshaped Ham, visibly unique, is distinctively cured to bring out a special type of sweetness, with just the right amount of salt to give this tender meat its unmistakable great taste.

Sweet ham, as the name suggests, is thinly sliced ham that will delight the entire family with its lovely texture and sweet flavor.

Red Palm Inn

EVChaves Building, Capistrano corner Cruz Taal Sts. Cagayan de Oro City Tel. No. 721197 and 8562671 Cell No. 0908-885-5643 Email: redpalm_inn07@yahoo.com

Cagayan Riverview Inn

Vamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/ 858-4245, E-mail:river@philcom.com

Chali Beach Resort

Cugman,CDO,Tel. No. 723929 / 855-2108 E-mail:chali_beach@yahoo.com

Nature Pensionne

Toribio Chavez Sts., CDO Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservation@yahoo.com

Middleton Apartelle Lirio St. Carmen, CDO Tel. No. 723665 / 723580 / 858-4839

Sir George Pension House Pabayo-Gaerlan St. Cagayan de Oro City tel. No. 856-1990, 856-2004, 856-4447

Beef Pastrami is naturally smoked, rolled and garnished with generous amounts of ground black pepper and other spices. This extraordinary dish is great on its own.

Miami INN

Vamenta Boulevard, Carmen , CDO Tel No. 858-1901, 72-52-79

DINAH’S BEACH RESORT

SLERS Corporate Office

Brgy san Juan, Gingoog City Tel No. (088) 861-3044

Ham and Cafe Outlets

Malasag Eco Tourism Villages

Velez corner Del Pilar Streets, Cagayan de Oro City Phone (088) 855-1438 Cagayan de Oro Velez Corner Del Pilar Streets Phone Numbers (088) 855 2426 and (0923) 4199865 Manila: SM City North Edsa, Skygarden Phone numbers (0922) 7179528

Cugman, CDO Tel. No.855-6183 [088]309-3752

BusinessWeek

20 June 13-19, 2011

MINDANAO

BRANCHES 1. QAPI - CDO 2. QAPI-ILIGAN

Available at:

ADDRESS J.R. BORJA ST., C.D.O.C. DY PICO BLDG., LUNA ST.

CONTACT NUMBER

72-40-58/857-4113 063-221-3646 0917-632-5305 3. QAPI-VALENCIA T.N. PEPITO ST. 088-828-2090 0917-632-5306 4. QAPI-BUTUAN COR. MONTILLA VILLANUEVA ST. 085-815-2422 0917-632-5301 5. QAPI-PAGADIAN SAN FRANCISCO DISTRICT 062-214-1754 0917-632-5308 6. QAPI-OZAMIZ J.P. RIZAL COR. LAUREL ST. 088-521-0917 0922-650-1879 7. QAPI-SURIGAO MAGALLANES ST. 086-826-1170 0917-632-5310 8. QAPI-DIPOLOG GEN. LUNA COR. OSMEÑA ST. 065-212-4327 0922-3045-290 9. QAPI-GENSAN SUN CITY SUITES NAT’ HI-WAY 083-301-9002 10. HAPI-OSMEÑA OSMEÑA EXTENSION, 72-63-13/856-4019 11. HAPI-DUMAGUETE MARIA CRISTINA ST. 035-225-1581 0922-8501-349 12. HAPI-TAGBILARAN C.P. GARCIA AVE. 038-235-3037 0922-8501-877 13. SAPI-CARMEN VAMENTA BOULEVARD 858-1660 14. SAPI-PALA-O PALAO EXTENSION 063-221-2607 0917-632-5313 15. RAPI-CAPISTRANO CAPISTRANO ST. 856-4929 16. RAPI-TACLOBAN ZAMORA COR. STO. NIÑO ST. 053-325-9957 0917-632-5339 17. CQ-LIFESTYLE CENTER J . R . B O R J A S T .

57-9001-04/ 714136-37 / 857-9094 0922-8228071 18. CQAI-CEBU OSMEÑA BOULEVARD 032-254-5899 0922-8228-068 19. CQAI-IPIL PRES. QUIRINO ST. 062-333-2491 0917-632-5321 20. CQAI-ZAMBOANGA ZONE 3, NUÑEZ ST., 0922-8501-339 062-992-2890 21. CQAI-MARANDING HIGHWAY, LALA, LDN 063-388-7116 0917-632-5333 22. CQAI-ORMOC AVILES ST. 053-255-7593 0922-8501-359 23. CQAI-SIDANGAN ZAMORA ST. 065-224-2802 0917-632-5336 24. CQAI-TALISAY BULACAO TALISAY CITY 032-272-1192 0922-8228-065 25. CQAI-TAYTAY No. 9 RIZAL AVE., 02-669-1182 0922-8228-067