BusinessWeek Mindanao Nov 28 by BusinessWeek Mindanao

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www.businessweekmindanao.com Issue No. 28, Volume III • Nov 28-Dec 1, 2011

Market Indicators AS OF 5:16 P.M., NOV. 25, 2011 (Friday)

FOREX

PHISIX

US$1 = P43.87

4,261.59 points

30 cents

;

23.94 points

;

Briefly PAL full operation

DAVAO City -- Philippine flag carrier, Philippine Airlines resumes full operations Thursday last week as it commits to work on brand recovery through marketing and promotions. PAL Vice President for Corporate Communications Joey G. De Guzman in a media briefing here announced that all flights including those temporarily housed at NAIA 3 will now have its hub in Terminal 2. The carrier has also restored its full in-flight meal service as it reverts to preoutsourcing taken over by third party service providers.

‘Uyap’ not yet safe

OROQUIETA City -- All types of shellfish and “alamang”” or minute shrimps, locally known as “uyap” or “uyabang,” gathered from Murcielagos Bay, located between Mis Occ. and Zamboanga del Norte, is still unsafe for human consumption. Bureau of Fisheries and Aquatic Resources (BFAR) in its Shellfish Bulletin No. 24, issued recently advised the public not to harvest, not to eat, not to sell and not to buy them. Visa Tan-Dimerin, Regional Director of BFAR, region 10, said the warning came out after the latest laboratory results conducted on the shellfish and “alamang” collected from the area have been found positive for paralytic shellfish poison that is beyond the regulatory limit.

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Island-wide search for Mindanaoan Entrepreneurs and Outstanding Business Leaders Awards 1212 By RUEL PELONE, Online Editor

THE island-wide search for the most outstanding Mindanaoans who have excelled in business either as an entrepreneurs, or in their their respective field of economic endeavor a official begun. The search, dubbed as The Mindanaoan Entrepreneurs & Outstanding Business Leaders Awards 2012, is intended to honor

individuals or an entity for their outstanding contributions to Mindanao development. Spearheaded for the first time by Cagayan de Oro-based local business newspaper BusinessWeek Mindanao, the search will fete the Most Outstanding Entrepreneur of the Year and the Outstanding Business Leaders in Mindanao (Individual & Corporate Category) in the fields of

Agri-business,Banking & Finance, Alternative Energy Development, Health Food Production and Marketing, Housing and Realty Development, Cooperatives and Coop Insurance, and Hotel/Resorts and Tourism Development. Mr. Dante Sudaria, publisher of BusinessWeek, said there is a need to recognize the accomplishments of homegrown businesses that uplift the lives of every

Mindanaoans. “This is the first time that such award will be held in Mindanao. It is high time that we honor the successful business personalities and companies who helped propel the fast-rising economy of our island. This project enables Businessweek Mindanao to fulfill its social responsibility. Thru this special event, we will salute the top entrepreneurs and business leaders from the

media’s point of view,” Mr. Sudaria said. He said several corporations and organizations have already signified their full support for this worthwhile undertaking. Judges of the search which runs officially from December 1, 2011 to April 30, 2012, includes PPI executive Director Ariel Sebellino, the Management Association of the Philippines LEADERS/PAGE 8

Task force formed to stop human trafficking By BUTCH D. ENERIO, Correspondent

AKING steps in addressing the prevalence of human trafficking in northern Mindanao, an interagency task force was organized and launched in Cagayan de Oro last week.

The Regional InterAgency Council Against Trafficking (Riacat) which is composed of government agencies and nongovernment organizations concerned in the protection of women and children find it a must to campaign against human trafficking, particularly in the region where an increased incidence of the inhuman and FAKE CHRISTMAS DECORS. Hundreds of substandard and uncertified Christmas lights illegal act has been noted. decorations confiscated in various establishments in Cagayan de Oro were destroyed Lawyer Eldred D. Cole, by Task Force Monitoring of the Department of Trade and Industry in Misamis Oriental. assistant regional prosecuPHOTO BY ROLANDO SUDARIA tor and presiding officer of

DSWD focusing on ARMM for cash transfer program By CARMELITO Q. FRANCISCO Correspondent

DAVAO City -- The Department of Social Welfare and Development (DSWD) is yet to significantly cover the autonomous Muslim region under its conditional cash transfer program. In a forum held early this week in Quezon City, Social Welfare Secretary Corazon J. Soliman said about 2.23 million families were registered

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the Riacat, said that to end the criminal act of people preying the vulnerable sector of society, a massive information and education campaign in communities must be vigorously pursued. She said the source of trafficked persons in most of the areas of the country and even in other countries comes from the region with Cagayan de Oro City becoming a trans-shipment point. “Thus the task force will go out to the communities FORCE/PAGE 7

under the program as of end-October as against its 2.3 million target. Most of 70,000 families that are expected to be included in the coming months, Ms. Soliman explained, are families in the Autonomous Region in Muslim Mindanao who were either displaced because of armed conflict, or because of floods. “We hope to hit our target by the end of the HIGHWAY FISHING. An elderly man tries fishing in a drainage canal along Kauswagan St. in Cagayan de Oro for DSWD/PAGE 10 his family’s meal. PHOTO BY ROLANDO SUDARIA

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Economy

Nov 28-Dec 1, 2011

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Rubber research institute up soon THE government is establishing the Philippine Rubber Research Institute (PRRI) in a 1,000-hectare area in Naga, Zamboanga Sibugay. The site will be donated by local government unit in support of an industry that has the potential of contributing vastly to the country’s economy, according to Zamboanga Sibugay Gov. Rommel A. Jalosjos. Strategically located near the Mindanao State University (MSU) campus in Naga, PRRI will help boost rubber’s potential in light of industrial manufacturers’ prefer-

ence for nature-friendly materials as a climate change-mitigating effort. PRRI will institutionalize and sustain researches funded by the Department of AgricultureBureau of Agricultural Research (DA-BAR). These include 10 programs spread across the rubber-growing provinces of Zamboanga, Cotabato, and Basi-lan, according to Dr. Nicomedes P. Eleazar, BAR director. “PRRI should become at par with the rubber institutes

in Malaysia, Thailand, India, Indonesia, Sri Lanka, Vietnam and China that have been developing new superior rubber varieties,” Eleazar said. These research centers have produced rubber clones that are high-yielding, disease-resistant, and with reduced gestation period that allows latex extraction in 4.5 years, much shorter than the five to 10 years range. BAR is supporting the issuance of the implementing rules and regulation for PRRI which will precede budget allocation,

PLAN/PAGE 9 BUKIDNON PEACE-BUILDING INITIATIVE. Bukidnon Gov. Alex P. Calingasan’s determined effort to eradicate drug and insurgency problems in the province proved to be getting results with the successive crackdown and dismantling of illegal drug operators as well as the surrender of former NPA rebels here recently. PHOTO BY ANN NOBLE

according to BAR Coordinator Rudy L. Galang. “With the draft IRR to be submitted for approval by DA Secretary Proceso Alcala, the national government will allocate a budget of P100 Million for PRRI for 2012, its first year of implementation. This is equivalent to one percent of the gross value added of rubber,” said Galang. PRRI will enhance rubber research and development programs including establishment of a nursery or a garden for budwood to produce grafted planting materials. To enhance farmers’ management practices, they will be trained RUBBER/PAGE 10 7

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Nov 28-Dec 1, 2011 3 Companies Tanduay eyes rum exports ALI creates new company for energy-saving projects

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TANDUAY Holdings Inc. on Wednesday gave a sneak preview of a product it plans to export in an attempt to dislodge Bacardi & Co. Ltd. as the world’s top rum-maker. Tanduay showed a square bottle with a long neck with a watermark of an embercolored sun during an investors’ meeting nearly two weeks before the company’s follow-on stock offering of 398.14 million shares. Michael Booth, the company’s consultant for rums, told the BusinessMirror they have yet to give a name to the product, which guests tasted during the meeting. “It’s made from sugarcane so you can note the rich brown sugar y taste. Strangely, there’s a sweet smell of bananas and pineapples, which is unique to the Philippines and which we got by accident. The aggressive alcohol is absent and, when you swallow, it kinds of melts away,” Booth said during his presentation. Booth told the BusinessMirror they are thinking of pricing the product at between $50 to $60 per bottle to be exported in the United States. He said that they may begin exporting either during the fourth quarter of next year or the first quarter of 2013. Booth said Tanduay has a good prospect entering the global rum market as worldwide sales increased by

7.4 percent in 2009, passing whiskey and running second to vodka. He noted that 65 percent of the spirit—the category of rum, which is higherstrength alcohol beverage—is consumed in the US, “where Tanduay will start its export business.” Booth added that the company will also have a product in the “white rum” segment, which has a 42-percent share of the total market, and the super premium or “dark rum” segment that is 15-percent higher in terms of cost “but offers attractive margins.” He noted that Bacardi has a 30-percent share of the global market “but is declining.” The white rum segment is consumed more in Spanishspeaking countries like Cuba and Puerto Rico. “The Philippine rum is in style with these countries,” he said.

Tanduary chief finance officer Nestor C. Mendones said this will be the company’s first foray into exports having gained a strong foothold in the Visayas and Mindanao markets and furthering expansion in the Luzon market. Mendones said the company posted a 6-percent compounded annual growth rate in total spirits with a 33-percent market share, citing commissioned third-party research. He also said the company’s new products, Boracay and Tanduay Ice, which is being manufactured with sister company Asia Brewery Inc., are doing well “with variants Boracay Melon in shelves next week and two variants for Tanduay Ice.” Mendones said the company may surpass the 20-million mark in sale volumes this year.

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AYALA LAND, Inc. (ALI) has created a new company with Mitsubishi Corp. that will be tasked with installing energy efficiency systems for the property firm’s developments. The joint venture, Philippine Integrated Energy Solutions, Inc. (PhilEnergy), will eventually service other companies beyond the Ayala group with Mitsubishi providing the technical expertise, a statement released yesterday showed. PhilEnergy will be 60% owned by Ayala Land, with the remaining 40% to be owned by Mitsubishi, the disclosure said. “We are very excited about this new partnership with Mitsubishi [Corp.]

Being able to manage the occupancy costs for the tenants in our portfolio of leasing properties is going to be very critical to the continued success of Ayala Land in this very competitive market environment,” said Antonino T. Aquino, Ayala Land president and chief executive officer, in the disclosure. PhilEnergy’s “key feature” will be the implementation of district cooling systems (DCS) for Ayala Land mixed-use developments, which will significantly bring down capital expenditures and operating costs by increasing the efficiency of the properties’ electrical and water utilities, the disclosure stated.

PhilEnergy has already allotted nearly P1 billion for the construction of two DCS buildings to serve Ayala Center in Makati City and Alabang Town Center and Muntinlupa City, with other facilities planned for Cebu, Davao, Cagayan de Oro, and Quezon City. “We are also fully committed to raising the bar for sustainability in our facilities, and even the country as a whole, and PhilEnergy will be a vital component of our strategy moving forward,” Mr. Aquino added. Meanwhile, Mitsubishi is expected to provide technical support through its Japan-based network of affiliated energy-saving ALI/PAGE 8

Mr. Bienvenido Macaraeg of SunnyFarm Foods talks about “Nutrition and Wellness to Combat Diseases” to OROCHAMBER members, with the support of the TB Taskforce Council of World Vision and Brgy. Nazareth thru Brgy. Captain Bebot Rodriguez.

4 Nov 28-Dec 1, 2011

Companies

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NEWS CAPS Globe Telecom bags P5-B loan By Laurel Media

MICROFINANCE LOANS

The Bangko Sentral ng Pilipinas (BSP) is looking anew at the possibility of raising the existing limit on microfinance loans currently pegged at P150,000, in its bid to enable banks with microfinance operations to provide services to an even wider range of clients and to deliver financial services to more unserved markets. BSP Deputy Governor Nestor Espenilla Jr. said in an interview with reporters that the bank regulator is reviewing an existing regulation that caps the loans provided by microfinance companies at P150,000, as stated under BSP Circular 409 issued in 2003. The BSP has issued Circulars 678, 680, and 683 allowing microfinance companies to diversify their product offerings to include housing microfinance loans, micro-agri loans and micro-insurance.

INFLATION

The Bangko Sentral ng Pilipinas (BSP) believes average inflation this month could still breach the higher end of the full-year inflation target of three percent to five percent due to higher food prices brought about by the supply disruption caused by typhoons Pedring and Quiel, as well as more expensive electricity costs. BSP Governor Amando M. Tetangco Jr. said that inflation could average between 4.5 percent and 5.4 percent for November, but consumer prices for 2011 would still fall within the full year target. Latest data from the National Statistics Office (NSO) showed that inflation based on 2000-prices kicked up to 5.3 percent in October from 4.6 percent in September. This was the highest level since April of 2009 when inflation averaged 6.4 percent. Consumer prices averaged 4.5 percent in January to October, higher than the four-percent average in the same period last year.

SUGAR PRICES

Favorable domestic and international sugar production is resulting in lower sugar prices. According to Rosemarie Gumera of the Sugar Regulatory Administration’s policy and planning division, local sugar farmers are beginning to complain about the continued drop in millgate, wholesale sugar price which is down to a range of P1,170 to P1,130 per bag. So far, Gumera said, the highest millsite price in Negros and Panay was only P1,280 per bag. However, the lower mill site price, Gumera said, is not yet translating to lower retail prices which are still hovering from P44 to P50 per kilo for refined white sugar. A continued decline in the mill site price, she said, may be reflected in the retail market after two weeks.

ALLIANCE GLOBAL INC.’s INCOME

Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that it is nearing its full-year income forecast this year of at least 35 percent growth from the P9.5 billion profit reported in 2010. AGI president Kingson Sian said the growth will be mainly driven by the robust performance across all businesses – flagship property firm Megaworld Corp., gaming and leisure firm Travellers International Hotel Group, hard liquor unit Emperador Distillers Inc. and Golden Arches Development Corp., (the Philippine In the nine months ending September this year, AGI chalked in record earnings of P12.3 billion, 62.6 percent higher than the previous level. Excluding the P3.2 billion acquisition gain, AGI’s net earnings grew 31 percent to P9.9 billion, an increase of 83.8 percent year-on-year.

$3.1-M PLANT IN CLARK FREEPORT ZONE

DHLI Dental Health Laboratories Inc., a new firm that specializes in the manufacture of export-quality pharmaceutical products, will be putting up a $3.1-million manufacturing plant in Clark Freeport Zone. Clark Development Corp. (CDC) President Felipe Antonio B. Remollo and DHLI Dental Health Laboratories Inc. Director Mary Jane J. Fowler recently signed a lease agreement for the establishment of the manufacturing plant. Remollo said that while DHLI is a new corporation, its directors and officers have at least eight years of experience in the manufacture of similar products in the Philippines. He added that the firm is targeting to export its products to Pakistan, Indonesia, Europe, Australia, and the United States.

INCOMING PHILEX MINING PRESIDENT AND COO

Philex Mining directors, officers and employees officially welcomed recently the company’s new President and Chief Operating Officer (COO) Eulalio Austin Jr., a member of the Kankanaey tribe of western Mountain Province and a mining engineer who rose from the ranks over the last 28 years at Philex Mining Corp. He will officially take on the new role effective Jan. 1, 2012. Austin graduated with a degree in Mining Engineering from Saint Louis University in Baguio in 1982, and started as a mining engineer trainee the year after. Because of his technical competence and attitude towards work and his fellow workers, it was not long before the Benguetborn young professional started taking on more responsible roles. Philex Mining Corp. Chairman and CEO Manuel V. Pangilinan turned over the leadership to Austin from outgoing president and COO Jose Ernesto C. Villaluna, who has announced his retirement after seven years with the company.

CHEAPER PESO

A cheaper peso, not an expensive one compared to the US dollar, is best for the health of the economy, University of the Philippines economics professor Raul Fabella said in a forum. Fabella said he came to this conclusion after studying the monetary policies of other nations, while another speaker, University of Asia and the Pacific economics professor Victor Abola, studying the Philippine experience, supported the conclusion. Most central bankers in vibrant economies in Asia maintain cheap local currencies against the dollar as a core national development strategy, Fabella said.

PH STOCK EXCHANGE

Last minute buying lifted the local stock market from the day’s lows in light to moderate trading. The main Philippine Stock Exchange index gained 23.94 points or 0.56 percent to close at 4,261.59. More than 2.11 billion shares valued at P5.01 billion changed hands during Friday’s session. Decliners led advancers 79 to 76 while 42 issues closed unchanged.

LOBE TELECOM, Inc. on Friday said it had bagged a P5-billion loan from Rizal Commercial Banking Corp. (RCBC) to fund spending next year.

“Globe Telecom has signed a P5-billion loan agreement with RCBC to fund capital expenditures for 2012,” the telco said in a statement. “The seven-year, P5billion, fixed-rate term loan facility with RCBC is the second loan agreement signed by Globe this year,” it added. Globe Telecom recently

closed a seven-year, P7billion loan deal with Banco de Oro Unibank, Inc. which was spent on the telco’s capital expenditures for 2011. This came after the firm earlier this month announced a $790-million network modernization program and IT (information and technology) re-engineering plan to be implemented in the next

two to three years. The programs, set to start as early as next month, are expected to improve customer experience in terms of delivery time of text messages, network reliability and availability. In a related development, Globe Telecom announced late on Thursday it will be granting discounted call and text rates to its corporate social responsibility program partners by issuing some 10,000 special SIM (Subscriber Identity Module) cards.

“Initially, we ordered 10,000 special SIM cards to distribute them to partnership groups. But we may order more depending on the demand,” Roberto I. Nazal, Globe Telecom’s head for corporate social responsibility, told reporters at the program’s launch. The special SIM card cuts regular rates in half, such that text messages are will cost P0.50 each and calls are priced at P3 per minute or P0.05 per second, Mr. Nazal said.

San Miguel may sell part of power unit DIVERSIFIED CONGLOMERATE San Miguel Corp. could sell a stake in SMC Global Power Corp. to private investors, after its power unit’s initial public offering (IPO) was deferred, a disclosure to the Philippine Stock Exchange on Friday showed. “We confirm that the statement of Ramon S. Ang, president and chief operating officer of the company relating to on going talks with third parties who have expressed an interest to acquire an equity stake in SMC Global Holings Corp…” San Miguel told the local POWER/PAGE 8

Parishioners of Maasim town, Sarangani question boxing icon Manny Pacquiao’s silence on the construction of a 200-MW coal-fired power plant. Pacquiao, who is representative of the province, spoke out against the power plant during the 2010 elections but has become silent on the issue after becoming allies with Gov. Miguel Dominguez. PHOTO BY INTERAKSYON . COM

Proposed coal-fired plant divides Sarangani residents NATIONAL GREENING PROGRAM (NGP)

NGP is a priority program of President Benigno S Aquino III aimed to reduce poverty, promote food security, environmental stability and biodiversity conservation, and enhance climate change mitigation and adaptation. The program specifically seeks to grow 1.5 billion seedlings in 1.5 million hectares of public lands nationwide in six years, from 2011 to 2016. Let’s support the National Greening Program (NGP) for a green and wholesome environment . . .

DR. CORAZON B. GALINATO, CESO IV

OIC, Regional Executive Director Department of Environment Natural Resources, Region 10

MAASIM, Sarangani – Businessmen hailed the groundbreaking for a proposed 200-megawatt coal-fired power plant in the coastal village of Kamanga here Friday afternoon but the project has divided residents between those who see the facility as a threat to the environment and their health, and those who believe it will lift them from poverty. Gov. Miguel Dominguez, Trade Sec. Gregory Domingo and Tomas Alcantara, president and chairman of the Alcantara Group of Companies, led the groundbreaking rites. Fishing tycoon Marfin Tan told reporters the $450-million plant would encourage more investors to come in and generate thousands of jobs. More importantly, he added, it would stabilize power supply in central Mindanao. “The construction and the eventual operation of the power plant would fill up the power void expected to hit Mindanao by 2014. This development is very good for business,” Tan said. Currently, the largest demand for power comes from the south-central Mindanao area. The site where the coalfired power plant will rise has been identified as part of a special economic zone. Joseph Nocos, vice president of Conal Holdings Corp., a subsidiary of AlPLANT/PAGE 8

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Know Your Enemy THINK a minute… In a war rule number one is you must know who you’re fighting. Otherwise, you’ll waste a lot of time and energy fighting the wrong enemy. Our life’s daily struggles are like a battle. But many times the enemy we’re fighting is right inside our own mind! Nothing can defeat and damage your life more than your own wrong thinking about yourself. If you believe that you’re not smart or don’t have any special abilities, then you’ll never succeed in life because that’s just how you’ll live. We become whatever we think we are—even if it’s not true to begin with. That’s why the Bible says: “As a

man thinks about himself, so is that man.” Your low self-confidence will limit and paralyze you. You may actually have many abilities, but if you don’t believe you have them, then you’ll never use them and benefit from them. In zoos, a baby elephant is tied with a strong, thick chain to a big post. At first, the elephant pulls and tries to get free from the chain. But finally it gives up and stops trying. After that, only a small, thin rope is needed to tie that big, powerful elephant down and stop it from moving far. The rest of its life, that elephant believes the lie and illusion that it’s too weak to break

that little rope. You see, we all can become a bit like that elephant. If I let myself think and believe that I cannot go any further in life, even though it’s not true, then I won’t. That’s the power my own mind and wrong thinking about myself can have over my life. Friend, if you realize that you’ve been holding yourself back from living the successful life God created you for—because of your own wrong thinking about yourself, your own fears and lack of selfconfidence, you can change your mind about yourself today. Just ask Jesus Christ to take full charge of your

THINK A MINUTE

JHAN TIAFAU HURST thinking and way of living. Jesus is the One Who can show you the abilities and potential He’s given you. He’ll give you the power to actually start changing and living your life to the fullest. Just Think a Minute…

WANTED! A Perfect Travel Destination BUSINESS hotels are fueling aggressive expansion plans in Cagayan de Oro City, the Lim Ket Kai Hotel along Lapasan Highway just topped off and is now installing the glass façade of the 20 floors building, the tallest so far in Cagayan de Oro. Two high rise structures are also moving fast in their construction phases which maybe completed simultaneously early 2013, the Riviera Hotel owned by the Liceo de Cagayan University’s holdings and another Ayala Hotel belonging to their Kukon brand along Lapasan Highway. Three business class hotel properties are racing to join the trade in the next 2 years that will add another 700 room’s capacity more or less to Cagayan de Oro City. Many property developers in Manila with interest in airlines and tourism business were also expressing interest to come to the City of Golden Friendship. But for lack of authority, this writer can neither divulge nor write about their expansion and development plans. There is so much to share in the local hotel rooms’ expansion in the city. With a

migration growth of 4% per annum and the opening of the Laguindingan Airport forecasted to be operational in the 1st quarter of 2013, business class hotels could achieve a profitable occupancy rates of 60%. The Department of Tourism (DOT) statistics for Cagayan de Oro and Northern Mindanao indicate a 74 % average occupancy with a probable margin of error of 10%. Older establishments average less than that while newer hotels drummed their figures to attract business. Presently, the Lumbia Airport is handling an average of 12 incoming flights daily. Combined incoming and outbound flights from Manila, Cebu, Davao and Zamboanga and vice versa could reach 24 flights per day during peak period of the week. With bigger aircraft of the A320 type which can seats 130 passengers, the average passenger arrivals at the new airport can be expected to reach 1,560 daily? Granting 50% of the arriving passengers are domicile residents of Cagayan de Oro or from some other Cities or Municipalities of Northern Mindanao, it is estimated that 780 of the remaining passengers are

businessmen or government executives making the trip is for business. With an average stay of 2.3 room nights per visitor according to the DOT statistics, a supply of 1,794 rooms classified as business class will be needed. The room requirements will increase during the convention months of April to November. However, other existing hotels of the 3 Star or Tourist classification can adequately fill up the room requirements during the peak convention months identified by the local MICE industry. Conventions are not particular with accommodation class since these are budgeted events either by corporate sponsors or the government. Bed and breakfast is a sufficient denominator. Lodging nearest to the convention venue is the paramount concern among the participants. The national and the local City Government can make the investments for new hotel properties or even up to a 5star hotel category level more attractive and profitable if both can synchronize their efforts to promote reciprocal flights to be undertaken by the private airline companies

Care when using your ATM card EVER heard of the term “shoulder surfing”? No, it does not have anything to do with the water or the sport. However, it has everything to do with safety precautions during the festive season which thieves normally take advantage off. “Shoulder surfing” is when a devious somebody looks over your shoulder while you are withdrawing your money from an ATM machine. It is also related to a familiar modus operandi, “ATM switching.” The Bangko Sentral ng Pilipinas (BSP) has recently warned the public against “ATM switching” and “shoulder surfing” during cash withdrawals, inquiries,

and Point-of-Sale (POS) transactions. The BSP has received some reports that unscrupulous individuals resort to these modus operandi, wherein they victimize unsuspecting ATM cardholders who fail to employ the necessary precautions. In its November 16. 2011 Advisory (which it first issued two years ago), the BSP gave a clear example of an ATM switching scenario: The suspect approaches the legitimate ATM cardholder after the latter has completed her/his ATM transaction, and tells the victim that there is still money (e.g. a P1,000 bill) left in the machine. The suspect then asks

the victim to make a balance inquiry of the account, giving him the opportunity to look at the Personal Identification Number (PIN) keyed-in by the victim. The crook then drops a bill and says it came out of the machine, supposedly as part of the victim’s cash withdrawal. While the cardholder is busy picking up the money, the suspect would then remove the ATM from the machine and switch it with another ATM card. “Your PIN may also be stolen from you through ‘shoulder surfing,’ which happens when someone stands close enough to the ATM cardholder to see the cardholder entering his

and the government leading the explorative negotiations to attract conformity of our Asian neighbors. Opening our skies to other airlines of Asia can bring in additional tourist traffic. With a possible entry of more foreign airlines, an international hotel management company with a commitment to Asia can be enticed to share their marketing expertise to connect Cagayan de Oro City to China and the rest of the region through management contracts with local developers. Internationally managed properties that have presence and linkage in many other countries could bring in the international market that we seldom atQUIAMJOT/PAGE 7

SPEAKING OUT

IGNACIO BUNYE PIN,” the BSP warned. To protect yourself from PIN theft through ATM card switching, shoulder surfing or other methods, the BSP has issued the following guidelines: • When using an ATM, always shield the keypad. If you feel that somebody is standing too close, do not be BUNYE/PAGE 7

Views.Opinion

BusinessWeek

MINDANAO

Bunye... from page 6

be afraid to tell the next person who is in line to step back. If you feel uncomfortable, allow the other person to go first and complete your transaction once he/she has left. • Always inspect the ATM you are using. Some fraudulent card reader devices can be easily spotted. If some parts around the slot for inserting the card do not seem right, consider walking away and transacting in another machinea. • Never share your PIN with another person. Not even with your family or friends and absolutely never with a stranger. • Choose a PIN that is easy for

you to remember but which is not based on a birthday, anniversary, address, or telephone number. • Change your PIN regularly. • Do not use the same PIN on all your cards. While doing so may be easier for you to remember your PIN, it also makes it easier for a thief to access all your accounts if your wallet is stolen. • Memorize your PIN, never write it down or keep it in your wallet. • Report captured cards immediately. As much as possible, do not leave the machine without first reporting the card capture. Immediately call the bank where your ATM card was captured using a cell phone or the phone provided by the bank in the ATM booth. Note: You may email us at totingbunye2000@gmail.com.

Focus international marketing could help Cagayan de from page 6 Oro City and of course the tract except by internet based improvement of the tourism booking companies that also environment with emphasis sells other worldwide desti- on cleanliness, traffic managenations. ment and peace and order.

Quiamjot...

Force... from page 1

to communicate and campaign vigorously on what the law is, how ugly human trafficking is, and how not to fall victimis.” Cole said. Further, she said the objectives of the task force include prevention, protection, prosecution, and reintegration. The prevention component, she said, is where the advocacy comes in and where they will need the assistance of the media. We need the help of the media in disseminating the effects of trafficking to the persons involved, the family and the community as a whole, she explained. She said if they have trainings for the law enforcement, they will also have trainings for the members of the media especially in handling trafficked persons and

reporting cases. “Such training is crucial because the law provides some guidelines in reporting due to the delicateness of the cases, such as the confidential in nature when reporting human trafficking victims.” Cole stressed. Meanwhile, the task force urges the public to report cases to the Department of Social Welfare and Development (DSWD) regional office for assistance. Riacat partner government agencies in the region include the Department of Justice, Philippine National Police, Philippine Overseas Employment Office, Maritime Industry Authority, Bureau of Immigration, National Bureau of Investigation, Philippine Port Authority, Department of Education, Department of Labor and Employment, and the Philippine Information Agency.

Nov 28-Dec 1, 2011

Too much acid? IN this age where everyone and everything is in a hurry, it is no wonder that certain ailments seem to be on the rise, affecting the general population: which simply means that it is no respecter of age, sex, status, economics, or educational attainment. Gastritis or what we commonly term as Hyperacidity is one such condition. I would say, that, most of us, at some point in our lifetime, must have felt its fury! The most common cause for its occurrence I would say is still STRESS. Who among us hasn’t had a stressful event in our lives? Students, taking their examinations (especially when it is a make or break), mothers trying to fit in the budget, fathers rushing from work to home, and mind you, even babies, when they have separation anxieties do experience it. I remember, when as a Medical Intern, while I was assigned at the Pediatrics Ward, I had a 2 year old patient who presented with nausea and vomiting and abdominal pain! What further makes hyperacidity or Gastritis a common occurrence , is the way people today gulp down large amounts of coffee or tea!

Highly spicy and exotic foods, certain medications like the Non Steroidal Inflammatory Drugs, and Yes, SMOKING, are among the culprits, which actually irritates the lining of the stomach, causing inflammation or irritation. Advances in Medical Science has it, that, Helicobacter Pylori (H.Pylori), is likewise implicated in the causation of Gastritis. Before discussing further H. Pylori, for I believe that we should all be kept aware of this causative agent ( as this is treatable ), I just want to finish first discussing the other signs and symptoms: particularly those that should alert one to seeking immediate medical attention. The most common complaint is that of abdominal pain, or that burning sensation even after meals. Nausea and vomiting, the feeling of being bloated, loss of appetite, frequent burping, are also symptoms that one may experience. However, when there is persistence of the pain, weight loss , coffee ground vomitus or black tarry stools, one must see his/ her family doctor immediately! More often than not, Gastritis per se may just be Gastritis. What we

HEALTH IN FOCUS

DR. MARY JEAN LORECHE-DIAO fear from the illness is the anemia that may accompany it, when there is severe blood loss, or the possibility of a Big C in the Stomach! Diagnostics only play a role after a thorough history taking and physical examination. The most commonly requested test would include a blood count, in order to check if there is anemia or not, and to see if there is an infection or not. Tests for H. Pylori may also be requested: The breath test, where one is asked to swallow a pill or liquid with radioactive carbon molecules, and the carbon emitted is measured. Blood test for H Pylori or stool antigen test may also be done. A positive test will help the Clinician friend to include antibiotics directed against the organism as part

of the treatment regimen. It is noteworthy to mention that not all H Pylori positive individuals are symptomatic. A more invasive procedure, the endoscopy is performed, and the gastric mucosa and lining is visualized, and samples may be taken for either H.Pylori testing or for tissue biopsy. Treating a patient with Hyperacidity is often a challenge. Although the textbooks tell us that Acid suppressants are the mainstay drugs in its management, I believe that managing Hyperacidity/ Gastritis should include diet modifications: less of spice, less of fat, more of high fibre foods, and the environment by which one eats: quiet and soothing, enjoying mealtimes either alone or together, chewing one’s food slowly and frequent small feedings! And, of course, avoidance of foods/ substances that can aggravate the disease will surely help one lessen the episodes! Should one be positive for H Pylori, appropriate antibiotics should be given, and hand washing as well as making sure that drinking water is safe and clean, are very simple and yet effective measures in containing the illness.

Kaya ng Pinoy Tumawid sa Kaunlaran! (Mahimo sa Pinoy Motabok sa Kalambuan!) ”Ako ug ang akong mga manghod naningkamot sa pag-eskwela agi sa pagbayad sa programa, naningkamot mi nga motaas ang among grado aron kami mahimong panaminan sa uban pang mga benepisyaryo”, Icom Genesis Sotelo sa Talakag, Bukidnon. Like other children-beneficiaries in Region 10, Icom and his two siblings are grateful to have been included as Pantawid Pamilya Beneficiaries. With the difficulties their family went through, Icom said that they seldom get the chance to buy snacks in school. They do not have enough daily allowances to buy for their snacks because their parents prioritize their food and other basic needs. When they started receiving the conditional cash grant from Pantawid Pamilya, their parents see to it that they are provided with their school needs and a little amount for their daily allowances in school specifically for their snacks. During the Convergence Caravan conducted in Talakag, Bukidnon, Icom grabbed the chance to share the gains they experienced from the Program. He challenged other children beneficiaries to do more in school. “Permi mi ingnon sa among Mama ug Papa nga tarungon ang among pag-eskwela kay wala silay lain nga mahatag kanamo kondili ang kahibalo lamang”. Icom testified that the assistance from the program touched them and provided them more interest to grab the opportunity for quality education and health. Also, Congressman Jesus Emmanuel Paras who attended the activity challenged the parents to comply to the set conditions of Pantawid Pamilya to provide their children with the quality education and health they need. Para sa dugang kasayuran, tawag sa: Department of Social Welfare and Development Field Office X Masterson Avenue, Upper Carmen, Cagayan de Oro City (088) 858 – 6333 / 72 – 6394 / 858 – 8134 / Email: fo10@dswd.gov.ph / Website: www.fo10.dswd.gov.ph

BusinessWeek

8 Nov 28-Dec 1, 2011 Power... from page 4

bourse. SMC Global Power President Alan T. Ortiz had earlier told BusinessWorld that the unit formally deferred its plans for an $850-million offering amid volatile market conditions. The firm had said that proceeds of the offering will be used to finance the firm’s expansion plans and for general corporate purposes. San Miguel is already considered

the biggest trader of electricity in the country. It holds the independent power producer administrator rights for the 1,200-megawatt (MW) Sual coal-fired power plant, the 345-MW San Roque hydroelectricity power plant, the 1,200MW Ilijan natural gas-fired power plant and the 620-MW Limay diesel-fired power plant. It thus accounts for nearly 30% of the installed capacity in Luzon and has plans to add 3,000 MW of new capacity in the next ten years. San Miguel’s nine-month net income stood at P11.9 billion, 6.3% lower than year-ago levels.

DEED OF EXTRA-JUDICIAL PARTITION NOTICE is hereby given that the intestate estate of the Late Gloria R. Chaves, who died on June 28, 1999 and whose estate was settled extra-judicially on October 22, 2010; and Late Susan M.R Chaves who died on July 3, 2010, single and without issue, whose estate was settled on October 22, 2010; left Parcels of Land namely; LOT 1 (Rizal Street) A PARCEL OF LAND, Lot 39-B, of the subdivision plan (LRC) Psd-186805, being a portion of Lot 39, Cagayan Cadastre, LRC Cad. Record No. 1561, situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao. Containing an area of 161 square meters, more or less, covered by TCT No. T-91348; LOT 2 (Rizal Street) A PARCEL OF LAND (Lot 38-B, of the subdivision plan (LRC) Psd-16888, being a portion of Lot 38, Cagayan Cadastre, LRC Cad. Rec. No. 1561, situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao. Containing an area of 382 square meters, more or less, covered by TCT No. T-91349; LOT 3 (Capistrano Street) A PARCEL OF LAND (Lot 174-A of the subdivision plan (LRC) Psd-34513, being a portion of Lot 174, Cagayan Cadastre, LRC (GLRO) Cad. Record No. 1561, situated in the Poblacion, City of Cagayan de Oro. Containing an area of 685.5 square meters and fifty square decimeters more or less, covered by TCT No. T-91350; LOT 4 (Capistrano Street) A PARCEL OF LAND (Lot 174-B, of the subdivision plan (LRC) Psd34513, being a portion of Lot 174, Cagayan Cadastre LRC GLRO), Cad. Record No. 1561, situated in the Poblacion, City of Cagayan de Oro. Containing an area of 685.5 square meters and fifty decimeters more or less, covered by TCT NO. T-91351; LOT 5 (Burgos Street) A PARCEL OF LAND (Lot Pcn-10-000012, being a portion of the consolidation subdivision of Lots No. 40-B, 40-C & 40-D, (LRC) Psd-77431, situated in the Poblacion, Cagayan de Oro City, Island of Mindanao. Containing an area of 825 square meters, more or less, covered by TCT No. T-91363, are the subject of DEED OF EXTRA-JUDICIAL PARTITION under Notary Public of Atty. Kathryn Jessica Pineda-Dela Serna as per Doc. No. 392, Page No. 79, Book No. , Series of 2011. BWM: NOVEMBER 28 & DECEMBER 5, 12, 2011

Department of Environment and Natural Resources CENRO Initao, Misamis Oriental

NOTICE It is hereby announced that RAY G. MANIGSACA of Tabok, Opol, Misamis Oriental has applied in this office of the purchase, without public auction, under his/her Miscellaneous Sales Application No. 104321-113-A for Commercial purpose of Lot No. 37876, Cad- 237 is identical to Psu 10-001055 situated in Tabok, Opol, Misamis Oriental containing an area of 284 square meters in accordance with Republic Act No. 730 [as amended by PD 2004]. By virtue of the authority granted by the Secretary of Department f Environment and Natural Resources, this office will, without public auction , sell to the applicant, RAY G. MANIGSACA the parcel of land on ________________________ for One Hundred Thirty Six Thousand Three Hundred Twenty [P136,320.00] pesos for the whole tract, in accordance with the said Republic Act No. 730 [ as amended by PD 2004]. If there is any claim to this land, such claims must be filed at the Community Environment and Natural Resources Office, Malasag Heights, Cugman, Cagayan de Oro City on or before the date of Sale, otherwise, the said claim shall forever be barred. Cagayan de Oro City, November 9, 2011. (Sgd.) ALDRICH S. RESMA OIC, CENR Officer BWM Nov 21, 28 & Dec 5, 12, 19, 26 Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF FILE NO.2011-492 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG), as mortgagee against VICTOR CONSTANTINE C. CINCHES married to MELY D. CINCHES, as mortgagor which as of September 9, 2011 amounts to ONE MILLION FIVE HUNDRED NINETEEN THOUSAND THREE HUNDRED NINETY ONE PESOS & 67/100 (P 1, 519,391.67) ONLY, including interests and penalty charges and expense of foreclosure, the undersigned will SELL at Public Auction on December 5, 2011 at 10:00 O’clock in the morning at the Office of the Regional Trial Court, Branch 23, Hall of Justice, Cagayan de Oro City, the following described property below with all the improvements found thereon, to wit; TRANSFER CERTIFICATE OF TITLE NO. T-200987 A PARCEL OF LAND (Lot 1388-F, Psd-10-003705, being a portion of Lot 1388, Cad 237. Cagayan Cadastre), situated in the Barrio of Kauswagan, City of Cagayan de Oro, Island of Mindanao. Containing an area of THREE HUNDRED (300) SQUARE METERS more or less. All sealed bids must be submitted to the undersigned on the abovestated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following day without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title herein above-described and encumbrances thereon, If any therebe. Cagayan de Oro City, October 27, 2011.

BWM NOV. 7, 14 & 21, 2011

(Sgd.) RICO A. REMALIC Sheriff IV

MINDANAO

Leaders... from page 1

pines and personalities from the media and the academe. “This will also bring inspiration for others to emulate the success of the awardees,” said Awards secretariat chairman Allan Mediante, who is also the paper’s executive editor. Other members of the secretariat were hotelier businessman Ped Quiamjot, PPI’s Ariel Sebellino, and the MAP executive director. Mr. Mediante said individuals or organizations may nominate personalities and companies whom

Plant... from page 4

of Alcantara Group of Companies, said the coal would be sourced out from Kalimantan, Indonesia. Conal Holdings is the parent company of Sarangani Energy Corporation, which is overseeing the implementation of the Kamanga Power Plant project. Conal Holdings is 60-percent owned by the publicly-listed Alcantara & Sons Consolidated Resources and the rest held by the Electricity Generating Public Co. Ltd., Thailand’s biggest power producer. Alsons is owned by the family of Dominguez.

they believed has excelled in business endeavors and entrepreneurial activities for the betterment of Mindanao. The Awards Night will be held on May 18, 2012 at the Pryce Plaza Hotel in Cagayan de Oro City. Any businessman or trader who have risen to admirable business stature or have built up a very viable business enterprise from humble beginnings are considered as nominees. Each nominee can be sponsored or nominated by an individual or group/ organization or office but nominators should not be

an employee or connected in anyway with the nominee. A letter of recommendation or nomination shall be accompanied by a resume of the nominee, plus 3 photos (1 passport size, 2 photos that depict his business or show his establishment. Nomination Forms will be available online at the Businessweek Mindanao Website (www.businessweekmindanao.com.), or the printed page of Businessweek Mindanao and Mindanao Daily Balita issues, or may be mailed if requested, from the Awards Secretariat. Nominations shall be

accompanied by the following documents which can be mailed, or emailed to the awards secretariat not later than March 30, 2012: brief resume and history of the Nominee (Individual or Firm) and documentary evidence such as certificates, awards or citations.

Aside from Egco, Nocos said Japan-based Toyota Tsusho is also eyeing direct investment in the project. Nocos allayed fears of possible pollution problem, saying the technology that would be employed in the project prevent this. “The project proponent is a company with a lot of experience in power business. The fluidized bed combustion process technology that we’ll be using would address concerns on pollution. This would be the most modern and cleanest power plant in Asia,” Nocos said. Site preparation will begin soon and construction of the

first phase of the plant, which will generate 100-megawatt, is expected to be completed by 2014, with the second phase to be built after 12 months. Nocos said the company chose coal because it is much cheaper to renewable energy sources like solar, wind and hydro. Sarangani Energy has already entered into a power supply agreement with the South Cotabato Electric Cooperative II here and is awaiting the approval of the Department of Energy. Under the PSA, electricity generated by the coal power plant would be directly fed to Socoteco 2 to spare consumers the P1.10 per kilowatt-hour transmission charge. As ground was broken for the plant, rallies were held by those for and against the facility. The anti-coal-fired plant

group, which demanded that renewable energy sources be considered, was led by Passionist priest Rey Carvyn P. Ondap. Th group, mostly parishioners of the Catholic church here, criticized boxing icon Manny Pacquiao, who is also representative of the province, for his apparent change of heart about the power plant. During the 2010 election campaign, Pacquiao had voice opposition to the project. But since he and Dominguez mended fences and became political allies, Pacquiao has become silent on environmental issues. “Manny Pacquiao where is now your promise to help us protect the environment?” one of the streamers said. Pacquiao had been invited to the groundbreaking but did not show up.

FARM & HOUSE FOR SALE DANATAG, BAUNGON, BUKIDNON 4.3 has. farmlot, fully fenced, 350 fully grown Mahogany trees, 2.5 has. fruit bearing Durian (600) Rambutan (22) Longkong (36) Pomelo (59) Avocado (5) & beautiful conc house.

ALI...

from page 3 firms. “I do hope PhilEnergy will expand its business not only in the Philippines, but also overseas…” said Nobuaki Kojima, Mitsubishi’s global environment business development group executive vice-president said in the same filing.

See to appreciate. Direct buyers only

Contact Zaida 09273227787 / 722637 BWM Nov. 28, Dec. 2, 5, 9, 12 & 16, 2011

DEED OF EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH DEED OF ABSOLUTE SALE Notice is hereby given that the intestate of the late SPS. GUILLERMO G. BAHIAN and TRIEFONA J. BAHIAN, who died at Laguindingan, Misamis Oriental, left a parcel of land more particularly known as; Lot No. 37695, Cad-237 [Lot 12732-A, Csd-10-004834-D]. situated in the Poblacion , Mun. of Laguindingan, Province of Misamis Oriental , containing an area of THIRTY THOUSAND FOUR HUNDRED TEN [30,410] SQUARE METERS, more or less. is covered by OCT No. P-18797, is under DEED OF EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH DEED OF ABSOLUTE SALE to MINDA A. VERCELES, of legal age, married to MACARIO D. VERCELES of Barrio Patag, Cagayan de Oro City, under Notary Public Atty. Buenaventura E. Sagrado as per Doc. No. 196; Page No. 40; Book No. 86; Series of 2011. BWM: Nov. 21, 28 & Dec. 5, 2011

Department of Environment and Natural Resources CENRO Initao, Misamis Oriental

BWM Nov 21, 28 & Dec 5

(Sgd.) ALDRICH S. RESMA OIC, CENR Officer

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 19 Cagayan de Oro City NOTICE OF EXTRA-JUDICIAL SALE File No. 2011-315 Upon extra-judicial petition for sale under Act. 3135 as amended by Act 4118, with respect to real estate mortgage and Act 1508 with respect to chattel mortgage filed by ORO INTEGRATED COOPERATIVE, Cagayan de Oro City with postal address at Tiano Bros. St.,, Cagayan de Oro City, against JULIETO & BEMA GALUPO, of legal ages, and with postal address at B10-42 NHA-P1, Kauswagan, Cagayan de Oro City, herein referred to as the MORTGAGOR, to satisfy the mortgaged indebtedness which as of June 1, 2011, amounts to EIGHT HUNDRED TWENTY SIX THOUSAND FIVE HUNDRED EIGHTY FIVE PESOS & 48/100 (Php 826,585.48), Philippine Currency, plus stipulated interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on DECEMBER 5, 2011, at 1:30 o’clock P.M. or soon thereafter at the lobby of the Hall of Justice, Cagayan de Oro City, to the highest bidder, for CASH or MANAGER’S CHECK and in Philippine Currency, the herein described property/ies: TCT NO. T-156166- A PARCEL OF LAND, (lot 2, Blk 10, Psd-10000346, being a consolidated of Block 1, 3, 7, 10, 26, 27, 28, 29, 30, & 64, Psd-10-005673) situated in Bo. Kauswagan, City of Cagayan de Oro, containing an area of EIGHTY ONE (81) SQ. M., more or less, All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event the public auction should not take place on the said date due to holidays, it shall be held on the next working day without further notice. Cagayan de Oro City, November 3, 2011 FOR THE PROVINCIAL SHERIFF (Sgd.) JAN B. ACERO RTC Sheriff IV BWM: NOV. 14, 21, 28, 2011

BusinessWeek

Nov 28-Dec 1, 2011

MINDANAO

DTI destroys uncertified Christmas Lights OFFICERS and personnel of the Department of Trade and Industry Misamis Oriental Provincial Office supervised the destruction of P40, 000.00 worth of uncertified Christmas lights last Friday, November 25, 2011 at Fernandez St., Cagayan de Oro City. The uncertified Christ-

mas lights were seized from eight of 24 business establishments monitored last October 28, 2011 in C a g ay an d e O ro C it y as part of the agency’s continuing monitoring for compliance with DTI Dept. Order 02-2007 which defines responsibilities/ penalties of importers/

manufacturers/distributors/agents/dealers/retailers of Mandatory Products and the Standards Law. Almer R. Masillones, division chief for consumer welfare of DTI-Misamis Oriental, disclosed that a total of P27, 000.00 in penalties were imposed and paid for by the eight

erring establishments. Eliza Pabillore, DTI Misamis Oriental provincial director, issued the following reminders to consumers and retailers for the holiday season: a) All Christmas lights/ lighting chains should bear the appropriate ICC stickers/PS Mark; b) Im-

‘Xavier Days’ opens Tuesday By LORELEI DELOSO

XAVIER UNIVERSITY – Ateneo de Cagayan is once again celebrating its annual Xavier University Festival Days. The five-day festivity commences on Tuesday, 29th November, and will last until 3rd December. This year’s celebration underscores the timeless relevance of leadership and heroism as exemplified by our national hero, Dr Jose Rizal, whose 150th birthday is celebrated this year. The theme for the 2011 Festival Days is Xavier Engage: Creating New Possibilities. It is anchored on Chris Lowney’s four pillars of Jesuit success from his book, “Heroic Leadership: Best Practices from a 450-YearOld Company that Changed the World.” These are: Self Awareness - the basic foundation of leadership as leadership springs from within;

Ingenuity - our ability to embrace change and be resilient in the face of catastrophe; Love - our sense of magis which becomes our personal leadership stance; and Heroism - having the energy to transform our communities just as Rizal, an Atenean, was a transformational leader. Like last year, this year’s Festival Days will be more than presentations, exhibitions and competitions. It will be a call to action for all of us to step out of obscurity and become leaders. It is an invitation for everyone to be engaged. Pe r f o r m a n c e s f r o m Cagayan de Oro’s local bands, dance parties, theatrical plays, walk-in-movies, variety shows, friendly ball games, and many more fun-filled activities including classic favourites such as academic exhibits, food and apparel stalls, and horror house await the public.

University gate will open at 4pm on Tuesday, and at 8am to 10 pm daily throughout the duration of Xavier Days. Xavier University Festival Days 2011 is co-presented by Smart Communications and ABS-CBN as official media partner with Phoenix Fireworks, Spruce, Starbucks Coffee Company, Asia

Brewery, Big Flat Bread, Wat Ever Family KTV, Lokal Grill & Seafood, Benjie S Manuel, Iconic Fashion by Mark Christopher Yaranon, Fashion Institute of the Philippines, Parasat Digital, Business Week Mindanao, Mindanao Gold Star Daily, Sun Star Cagayan de Oro and Killer Bee 89.3.

BODYFLEX MASSAGE THERAPY SERVICES (Cagayan de Oro, Butuan, Davao, Cebu, Camiguin, Iligan & Gingoog City)

port Commodity Clearance (ICC) Certificates should be available for inspection at all times; c) Only Christmas lights/ lighting chairs with ICC stickers issued from 2009 to the present are allowed; d) LED Christmas lights are covered by mandatory

certification hence should also bear the appropriate ICC stickers. The destruction of the u nc e r t i f i e d C h r ist mas lights was witnessed by members of the Cagayan de Oro City Price Coordinating Council and the media. (RMB)

RCBC Savings Bank A YGC Member

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Tourism BusinessWeek

10 Nov 28-Dec 1, 2011 Tourism staff gets GAD tour By JOE PALABAO Contributor

FOR Gender Sensitivity Awareness and Personnel Enhancement, the Department of Tourism X Staff recently had their four (4) day tour in Region X1 particularly tourism destinations of Davao City and Samal City from November 11-14, 2011. The tour is one of the major administrative services project in support to the yearly task implementation for marketing and promotion, gender and development (GAD) and particularly personnel enhancement training in their respective field of work. It is one area where the entire staff take direct training in gender sensitivity awareness and development as one component in achieving the objective of intensifying visits Davao City’s tourists destinations by targeted markets. Enjoy amenities and explore different tourist destinations with in the area. The staff stayed at Crown Regency Hotel-one of the finest hotel in the city and enjoyed a sumptuous lunch at Marina Tuna where tuna and blue marline fish cuisine was served to the staff. They were briefed by the staff and entertained of RD Art Boncato at the Department of Tourism X1 when they made their office visit and courtesy call. In between visit, the staff had different interactions for gender sensitivity

enhancement for them to fully understand Gender and Development-men and women equality in work place and every day life. The staff was mesmerized and enjoyed to the fullest the eco-adventure amenities of Eden Nature Park at Toril, Davao City. The 80-hectare area converted of a real Paradise for the tourists to enjoy nature- Eden Nature Park is considered as one of the most beautiful eco-tourism parks in Region X1 today. Best gourmet food was experienced by the staff as they took dinner at the Floating Restaurant “The Venue” and enjoy the beauty of Davao City as they cruise Davao Gulf. It is one experienced they will never forget in their trip. DOT X staff never missed to stay in one of the beautiful and captivating resorts in Samal City, Davao Norte. An island with enchanted caves likebat cave at Monfort Babak, mesmerizing falls-Hagimit Falls and beautiful beaches. Chemas by the Sea is one of the 48 beautiful beaches you will find along the beaches of Samal City. They enjoyed swimming at the pristine beach and taking a breather at the infinity swimming pool and their water sports. They had a sumptuous lunch and really enjoyed the amenities of the Beach Resort. Chemas by the sea was the staff kick off point for Davao International Airport and took their flight back to Cagayan de Oro via Air Philippines.

MINDANAO

Abandoned, neglected children on educational tour in Davao Ms. Chaz C. Ladera, DOT Administrative Officer and Project Officer and PACT CDO Chairperson told Business Week Mindanao that the educational tour will give the abandoned and neglected street children, as well as the out of school youths an opportunity to see for themselves the beauty and bounty of the various tourists attractions in the city and its environs; to enable them to learn through hands-on experience and learn to appreciate their environment and surroundings; and she further stressed for the children to be fully aware on the issued and threats of childtrafficking and human rights of the children and lastly to have a sense of belongingness and feelings of support and care. The tour will begin with a Holy Mass at the St. Augustine

Cathedral and the proceed to Mapawa Nature Park and backtrack to the Gardens of Malasag Eco-Tourism Village for a Luncheon Program and a film showing will then follow. The children will then proceed for tree planting for the preservation of nature

and environment at the designated area of Malasag will follow after the program. Maria Lavern L. JabienPACT-NSW Mindanao Regional Convenor along with the different directors and representatives of line agencies will grace the occasion.

Rubber...

ing laboratory, product testing laboratory, seedling nurseries, germplasm collection, semiprocessing plants, waste water collection and testing facilities. DA will share with PRRI the use of some of these facilities found in DA’s provincial office in Ipil, Zamboanga Sibugay. “What is important here is a good amount of land where we

will test for superior varieties of rubber and grow massive amount of seedlings,” said Galang. The countr y’s average dry rubber yield at present is around 1.5 metric tons (MT) per hectare which is lower than the maximum potential of RRIM 600 of two MT per hectare per year.

The 1,000-hectare area will primarily be an experimental station for breeding and selection of high yielding cultivars. “New genetic materials will be collected from rubber producing countries to enable plant breeders to develop new clones that will perform well even in non-traditional areas,” said Eleazar.

DSWD...

Mr. Mendoza suggested that a survey on this be conducted not by the DSWD but by the National Statistics Office. The grantees of the program were identified through the 2008 survey conducted through the National Household Targeting System for Poverty Reduction developed by DSWD. Social Welfare Secretary Corazon J. Soliman admitted “there were inclusion errors” on the list of beneficiaries and that the agency has been doing everything to purge the list. Ms. Soliman said that about

160,000 people have been delisted after complaints were filed with her agency and that the mobile phone numbers dedicated to complaints have received so many complaints. In the third quarter of the year, the agency received 1,399 complaints with 404 resolved. On tapping of the statistics office for the survey, Ms. Soliman said her agency is willing to accede to the call for as long as there is a set of criteria that will show objectivity in the inclusion of beneficiaries.

Mr. Mendoza also quizzed Ms. Soliman on the exit program that the agency is implementing for the beneficiaries. Under the conditional cash grant, beneficiaries can only avail of a maximum of P1,400, in five years. Ms. Soliman said that beneficiaries who will graduate by 2013 are being prepared through another program of the department, the Self Employment Assistance-Kaunlaran, which opts to provide beneficiaries with employment or small entrepreneurial endeavors.

By JOE PALABAO Contributor

ON its 8th Year come December 12, 2011, the Department of Tourism (DOT X) in partnership with the Department of Labor and Employment (DOLE X), the Philippines Against Child Trafficking (PACT) will again hold an “Educational Tour for the Abandoned and Neglected Children, Trafficking Survivors and Out of School Youth.” The educational tour will be participated in by RIACAT 10 Member Agencies, LGUs, and children, both in and out-of-school youth. This is also intended for the children to be aware on the issues and for them to join in the advocacy of anti-child trafficking and to enjoy the spirit of giving and sharing during Christmas Season.

from page 2 on fertilization, weed, insect, and disease control, control of mollusks and vertebrates, harvesting, and packing of budwoods and budsticks. The facilities that will be available in the PRRI are tissue culture laboratory, rubber test-

from page 1

year,” Ms. Soliman added. Congress has asked DSWD to improve its targeting system to clean the list of beneficiaries under conditional cash transfer program. During the forum, Rep. Raymond Democrito C. Mendoza of the labor group Trade Union Congress of the Philippines said the need to improve the targeting is necessary to prevent those who do not qualify from taking advantage of the program.

TOURISM/PAGE 8

BusinessWeek MINDANAO

Entertainment

Mike Chan: Flying With The Dragons THEY say that timing is everything in the music business. And with K-Pop gaining popularity in the local music scene, one can’t help but notice singer/songwriter Mike Chan nowadays because his Asian good looks often gets him mistaken for a Korean pop star. More importantly for Mike, this association with K-pop might have landed him his biggest break so far in his music career with the release of his newest album under Star Records called Game on. “The album is actually an OST album for one of the most popular on line games in Korea called Dragona, which is now in the Philippines. I think the developers thought I was Korean when they asked me to work on their sound track!” reveals Chan with a smile. Whatever the reason, the strategy seems to have worked as the album debuted at number 4 on Odessey music’s OPM sales charts this month. The carrier single “Don’t Go” is already enjoying heavy airplay at the top radio stations in the country and the Koreanovela inspired music video featuring former Viva Hot Babes Jennifer Lee is making its way into the countdown charts of top music video channels as well. “It’s the first time Fili-

pino songs will be featured in a Korean game so it’s pretty exciting. What’s really great about all of this is that they (Dragona team) didn’t ask me to play their games and write about them. Most of the songs were already written for this new album when I met them so we just chose the songs we thought would be appropriate for their games. I’m very great full to them cuz I probably wouldn’t have done it (couldn’t have done it) if I was asked to write purely from a gamers point of view. Now there’s even talk about promoting the album in Singapore and Korea. This time we Filipinos get to share our music in Korea.” The album is also being released as a (MAP) Music Album Phone released by the Philippines Number 1 mobile phone brand, My Phone. “ The songs and images are embedded inside the phone so you can’t pirate them. An advocacy project that aims to prevent piracy which has affected the Local Music Industry according to Mr. Richie de Quina, MyPhone’s VP for Marketing and Business Development. The MAP not only protects the artist from piracy but offers a new meduim where you can listen to your favorite artist. Not only is MAP the 1st in the Philippines but a 1st in the

CONSIDER as one of country’s top brass designer, Gil Macaibay III takes center stage in the Philippine Fashion Week held recently at the function rooms 2 to 4; Hall 2 of SMX Convention Center, Mall of Asia. T h e Event is a week Fas h i on S h o w Celebration lined up with Top designers all over the country were in producer of the Show p a y s homage to Philippines Fashion by witnessing over a hundred young participating young Filipino Talent in Ramp Modeling, Fashion Design and accomplished Fashion industry mainstays. In the last day of the Philippine Fashion Week; Northern Mindanao’s Fashion Icon, Gil Ma-

caibay III blasted an array of “Grand Allure Collection” with no less than Supermodel Wilma Doesn’t whose stunning moment wows the crowd were she looks alluring and classy. There are around 12 Designers Showcases in

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World! My Phone also supports in the form of giving away free cell phones to fans of Mike who starts following him on line and on his live shows. When asked what he thinks lead him to this point in his career Mike has this to say. “I always knew that if I kept my eye on the prize something positive

would eventually come out of it. I got that from my parents. They showed us by example that if you worked hard then nothing is outside of your reach. I guess all those times I spent practicing and plugging away is paying off now. I think opportunity has finally met with preparedness this time.”

Gil Macaibay Design Showcased at Philippine Fashion Week By ERCEL Q. MAANDIG Contributor

Nov 28-Dec 1, 2011

presented their grandest and most spectacular design. The Philippines Fashion Week Spring Sum-

mer 2012 was presented by Runaway Production held last October 26 to 31 this year.

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BY: FLORENDA M. BACARRO

the Grand Allure Collection evening regalia for that last day event. It also Show cases Holiday Collection for spring summer 2012 that overflow with baronial motifs appropriate for the segment title. The 12 Designer / couturier that include Gill Macaibay III really

On Ocober 26-27, 2011 the Department of Education holds its Step skills Development Competition with the theme “ One Division, One Product/Tatak Paaralan” the venue of the said activity is at the City Central School. Each district occupies one tent for the booth display of all product coming from all schools within the district. Such as fruit cocktail in syrup, kinilaw mix, sardines, macaroons, buko jams, fruit cocktail and key chains. Through the support of the barangay council headed by Hon. Romeo R. Bacarro . The EAST 11 DISTRICT garnered the first place in Bazaar display with the SPG officers from Tablon Elementary School Kate Loren M. Bacarro and Kerr Daynyale Calape with their EPP adviser Mrs. Lucy P.Veloso. The Bazaar display was successfully done, all participants learned a lot from the said event. ADVERTORIAL

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BusinessWeek