BusinessWeek Mindanao October 28

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Issue No. 20, Volume III • October 28-30, 2011

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Veterans Bank’s new look in Cagayan de Oro

Ricardo A. Balbido, Jr. -- President and CEO of Philippine Veterans Bank

Veterans Bank inaugurates renovated Cag. de Oro Branch Aiming to re-energize its presence in the Mindanao region, Philippine Veterans Bank (PVB) is delighted to announce the inauguration of its newly-renovated Cagayan de Oro branch today.

PVB-Cagayan de Oro, located at the corner of Tiano and Abejuela Streets, continues to enjoy brisk business from private and government clients with its wide array of banking products and services including deposits, loans, time deposits, and cash management services. It has partnered with companies in the province to provide payroll services, with its all-in-one ATM and timekeeping kiosk. More importantly, PVB-CDO continues to be of service to Filipino World War II veterans in the city and in the province of Misamis Oriental who rely on the bank to help manage their finances.

Throughout its years

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of ser vice, PVB-CDO has endured wear and tear and the task of renovating PVB-CDO a few months ago was undertaken to uplift not only the branch’s aesthetics but its professional image as well. The result is a classy yet professional-looking environment that features utilitarian amenities but remains true to its roots as a bank for heroes, not only of World War II but also for today’s Filipino heroes. The branch’s counters and work stations were revamped to allow more space for comfort not only of the working employees but for their clients as well.

With the recent facelift, PVB-CDO has made itself more accessible, convenient and comfortable to its clients in the province.

The bank believes that its endeavors to uplift the image of its branch will translate to more business being generated especially

now that Veterans Bank offers innovative products and services like its multirewarding long-term time deposit variants as well as current and savings account options. Local and international investors in the city and in the whole province of Misamis Oriental stand to benefit from these products that would help boost their businesses’ profitability.

Moreover, the recent renovation spells comfort to the hundreds of Filipino World War II veterans and their heirs who visit the branch every month for their pensions and other financial services needs.

PVB President and CEO Ricardo A. Balbido Jr. will lead PVB officers in welcoming special guests during PVB-CDO’s inauguration along with VP and Branch Central Services Head Alfredo B. Santiago, AVP and Branch Expansion Head Jose Francisco C. Ramos, AVP and

Mindanao Area Head Marie Jean J. Carranceja, and PVB-CDO Branch Head Lino U. Gacus. The branch’s special guests for the event included Cagayan de Oro Mayor Vicente Y. Emano, and Dr. Cherry Mae L. Limbaco, Schools Division Superintendent of Dep-Ed Misamis Oriental.

Also expected to attend are members of the Veterans Federation of the Philippines Cagayan de Oro district.

Philippine Veterans Bank now has a total branch network of 60 nationwide and has enjoyed considerable growth and success in recent years.

It hopes to open more branches in the future especially in high-growth areas and places where they can be of further service to World War II veterans. As part of its charter, the bank allocates 20% of its income for the benefit of its stakeholders.

Traveling Exhibit,World War II Lecture Make Its Way to Kidapawan City KIDAPAWAN CITY – The multi-awarded War of Our Fathers Traveling Exhibit of Philippine Veterans Bank will be ending its tour of Mindanao this year with a stay in Kidapawan City in the province of North Cotabato.

Fresh from Koronadal where it was on display last month, the well-traveled exhibit dedicated to the memory of Filipino World War II heroes has been touring the country since 2006 in its continuing mission to impart the lessons of World War II to the younger generation.

It features numerous World War II photographs, maps, artifacts, and memorabilia that pay tribute to the bravery, patriotism, and determination of Filipinos – men and women – who fought and died for our country’s freedom during the war. It aims to share to the public, especially the youth, a bit of what life was like during World War II and what our Filipino veterans had done to fight for the Philippines’ sovereignty. The exhibit also aims to teach today’s generation the value of freedom so that they may have a better appreciation of our nation’s history.

The Traveling Exhibit has toured over 40 cities and municipalities all over the country and has displayed in schools, malls, museums, provincial and city halls. In 2009, the exhibit was invited to China and displayed at the Nanjing War Memorial Museum in Nanjing City.

The exhibit has received the recognition of several award-giving bodies including the Anvil Awards, Gold Quill Awards, and the PANATA Awards.

Mounted by Philippine Veterans Bank in partnership with the Provincial Government TRAVELING EXHIBIT/PAGE 16

(Articles by R. RAGADAN • Edited by ALLAN M. MEDIANTE)

2 October 28-30, 2011

BusinessWeek

MINDANAO

PVB Readies Next Installment of World War II True Stories Writing Contest

T

HERE are still t hous ands of stories out there waiting to be recorded.

Thousands of narratives of little known or never heard events during the second World War in the Philippines that merit being written down as part of history.

To compile and record these stories is the mission of Philippine Veterans Bank’s World War II True Stories Writing Contest which will be on its fourth year come 2012.

Done in partnership with the Philippine Daily Inquirer, WW2 True Stories is a narrative writing contest for high school students aiming to recover and preserve stories and anecdotes of Filipinos who lived through World War II and survived it to narrate their experiences.

Students joining the contest are required to personally interview and do research on a Filipino veteran or survivor of World War II

and document these first-hand accounts via a narrative or essay.

These essays are then submitted along with proofs of authenticity such as taped recordings of the interview, photos, or videos.

Since its inception in 2009, the writing contest has generated much interest in local World War II history among students and the academe alike as history books in Philippine schools normally portray the war with focus on Americans or Japanese. Through the contest, there is much information emerging that Filipinos, especially the fighting Filipino guerillas, played a major role in the liberation of the Philippines from Japanese invaders.

Winners for the 2 0 1 1 Tr u e St or i e s Contest included Cagayan de Oro’s very own Cristella Gabiana from St. Mary’s School whose story of an unlikely love blossoming amidst the background of a cruel World War

WW2 True Stories Winners: CDO's very own Cristella Gabiana (4th from right) from St. Mary's School bags 3rd place in this year's World War II True Stories Writing Contest. She and other winners are flanked by Veterans Bank's President Ricardo Balbido (rightmost) and Philippine Daily Inquirer's Chelo Banal-Formoso (leftmost), Editor-in-Chief of PDI's Learning Section.

II emerged as third best story. For her win, Cristella took home a desktop computer with printer, and a PVB savings account worth P5,000 pesos.

Next year, the writing contest promises to

be even bigger as Veterans Bank and PDI are hoping to extend the reach of the contest even further through their partnership with the Department of Education. Exciting prizes will await students

whose entries about true accounts of the war will enchant the select panel of judges.

Veterans Bank and PDI will be releasing details about the 2012 World War II True Writing Contest by

January 2012 through their respective websites, www.veteransbank.com.ph and www.inquirer.net, the print edition of PDI, and through Veterans Bank branches nationwide.

BusinessWeek

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www.businessweekmindanao.com Issue No. 20, Volume III •

Market Indicators

AS OF 5:12 P.M., OCT. 27, 2011 (Wednesday)

FOREX

;

US$1 = P43.289

0.087 cents

PHISIX 4,267.50 points

42.74 points

;

Briefly High impact projects PRESIDENT Benigno S. Aquino III has approved the Disbursement Acceleration Plan (DAP) for around 22 programs and projects of the government worth P72.11-billion.

This was announced by Department of Budget and Management (DBM) Director Rolando Toledo, during the recent Philippine Economic Briefing (PEB) Domestic Road Show held in the city initiated by the Bangko Sentral ng Pilipinas (BSP).

“Implementation of these high impact projects will be undertaken in order to push economic growth in light of the global slowdown and the onslaught of recent calamities,” Toledo said.

Land Bank loan

THE Land Bank of the Philippines (LBP) reported that its outstanding loans issued to priority sectors in Davao Region has reached to around P8.087 billion as of the third quarter this year.

LBP vice-president and regional head Camilo Leyba said that the biggest chunk of the remaining loans amounting to P4.818 billion came from the local government units.

Various cooperatives, another priority sector, have availed of the LBP loan windows that amounted to P895.26 million, Leyba said.

October 28-30, 2011

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New wave of outages to cost M’danao P62b

By MIKE BAÑOS Correspondent

T

HE specter of another long, hot summer without electricity has again risen with the National Grid Corporation of the Philippines [NGCP] intermittent curtailment of power supply in Mindanao even in the middle of the rainy season. Stakeholders in the power industry in Northern Mindanao fear economic losses from a repeat of the 2010 Mindanao Power Crisis in 2012 could cost the island’s economy even more than what it did in the previous episode.

Even now with normal water levels for Lake Lanao and the Pulangi River feeding the island’s hydroelectric

Red Alerts following the reduction of the Mindanao Grid’s ‘contingency reserves’ to zero, reduction in generation due to preventive maintenance on two units of its largest generating plants and imminent overloading of transmission lines. In August alone, the NGCP issued five Yellow and one Red Alerts.

“We fear a repeat of this WAVE/PAGE 11

power plants due to the ongoing episode of La Niña, the NGCP has already issued repeated Yellow and

Coal power project gets zonal approval ABOITIZPOWER and its subsidiary Therma South Inc. moved another step closer to starting construction of its 300-MW circulating fluidized-bed coal-fired power plant, after obtaining an overwhelming approval from the Davao City Council on the project’s application for zonal reclassification.

Earlier this year, the city council approved a resolution approving the company’s application to

build the power plant in the city. Therma South also received favourable endorsements and zonal exemptions from the municipality of Sta. Cruz in Davao del Sur. The project received its Environmental Compliance Certificate last month.

All of the 21 councilors present during the regular session voted in favour of the recommendation by the sub-committee comCOAL/PAGE 11

STILL MINDANAO’S STRONGEST REGION. Region 10 Neda Director Leon M. Dacanay, Jr. presents the rosy picture of Northern Mindanao’s economic performance as the region contributed 28 percent of Mindanao’s annual gross domestic products (GDP).

PHOTO BY ROLANDO SUDARIA

Normin remains Mindanao’s economic stronghold: Neda Development Authority (Neda) Regional Director Leon M. Dacanay, Jr. attrib28 percent of the island’s an- uted the region’s economic nual gross domestic product performance to its strong (GDP). agriculture output which National Economic and NORMIN/PAGE 11

By NELSON V. CONSTANTINO, Editor-in-Chief and PELETA B. ABEJO, Contributor

NORTHERN Mindanao (Region 10) remains the stronghold of Mindanao’s economy contributing about

PESO creates 800,000 jobs Employment Service Offices (PESOs) from January to September of this year.

According to the Department of NEARLY 800,000 applicants nationwide Labor and Employment (DOLE), a were placed in jobs through the Public PESO/PAGE 9

By ALLAN M. MEDIANTE Executive Editor

4

Economy

October 28-30, 2011

BusinessWeek

MINDANAO

Bukidnon to intensify tax collection efforts

By ANN NOBLE Bukidnon Bureau Chief

MALAYBALAY City – The Bureau of Internal Revenue has enough tax laws already but there’s a need for its intensified implementation, a tax revenue officer here said.

RDO-99 Asst. Revenue Officer Mama B. Sanggacala said that BIR-Bukidnon is now monitoring professionals who are not paying their tax obligations to the government.

The assistant revenue officer said many professionals like doctors, lawyers and engineers who are in private practices were not issuing receipts thus avoiding tax payments.

“That’s what we are doing now, the internal revenue office currently monitors these people so that we could go after those who were not giving receipts on payments of services provided to their clients,” Sanggacala emphasized.

He however said that

7

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Bukidnon constituents are well-informed of their tax obligations.

BIR-Bukidnon exceeded its collection target goal for the month of September.

Despite the national revenue office’s failure to meet its September target goal, Bukidnon’s Revenue District 99 surpassed its collection goal by 14.49%.

The local revenue office has collected P62, 646, 900. 65, exceeding its September goal of P54, 717, 000.00. Compared to last

year’s performance, BIR-99’s collection posted a 17.17% increase for the month of September.

The bureau also collected its cumulative collection of P599,395,233.93 against its cumulative goal of P586,091,000.00 posting 2.27% increase as of September 2011.

Massive tax awareness campaigns have been initiated by the BIR-Bukidnon and it helped a lot in getting revenues necessary for the government said

Mr. Luna D. Pundamudag, revenue district 99 chief of staff.

BIR-Bukidnon upon assumption of its new revenue district officer Ms. Myrna L. Bernardo last February formulated an annual tax campaign and public dialogue plans which was implemented with the local government units and the tax agents in the province.

The local government units’ accountants and treasurers as well as the barangay chairmen and its

treasurers through seminars were updated on revenue collection procedures.

The revenue office also did monthly briefings on BIR requirements for new business taxpayers.

On Oct. 20, the bureau conducted a public hearing on the proposed zonal values of real properties in the jurisdiction of the province of Bukidnon. Local government officials, land owners taxpayers were updated on the new zonal valuation imposed by BIR to which most of the attending participants moved for approval.

ARDO Mama B. Sanggacala said that though their collection is above than expected, still it cannot suffice for the national revenue office’s collection deficit. The BIR missed its collection goal of P67.04billion gathering only an accumulated P66.55 billion for September.

“We already got so many tax laws, there’s no need to come up with new tax measures,” the assistant revenue chief said adding, “all we need to do is just fully implement them and make amendments to some that needs to be amended to reach our target goals.”

Mr. Sanggacala was interviewed in behalf of BIRBukidnon RDO Myrna L. Bernardo who was on leave for medical reason.

BusinessWeek

MINDANAO

Companies

October 28-30, 2011

Network interconnection expected to boost ICT development in Zambo THE successful activation of local interconnection services between Globe Telecom and Philippine Long Distance Telephone Co. (PLDT) in Zamboanga is expected to boost the growing information and communications technology (ICT) industry in the city, specifically for the business process outsourcing (BPO) sector.

After five years of negotiation, the two major telecom players have completed their network link-up in the city, following the announcement of National Telecommunications Commission (NTC) Commissioner Gamaliel Cordoba that the regulatory body expects the immediate implementation of local interconnection services between Globe and PLDT to provide subscribers and business establishments with quality and more affordable telecommunication services.

This year, the NTC paved the way to complete interconnection between Globe and PLDT in Pampanga, Bulacan, and Zamboanga, with four more areas up for full activation before the year ends. With the completion of local interconnection, residents and

business establishments, regardless of subscription, can enjoy calling each other without having to pay long distance charges or being charged with toll rates.

“Zamboanga is touted to become one of Mindanao’s biggest economic hubs with its robust ICT infrastructure. After launching our Worldwide Interoperability for Microwave Access (WiMax) network in 2009 comes the successful rollout of an interconnected Globe and PLDT network. This is very timely for the city with its vision to provide and attract more business opportunities that will spur continued growth,” said Froilan M. Castelo, Head for Corporate and Legal Services Group of Globe.

“We are happy to have been part of this milestone for the people of Zamboanga. Rest assured that Globe will always be at forefront of public service and will continue to work closely with NTC and the local government units to fast track implementation of interconnection services in more areas nationwide,” Castelo said.

Zamboanga City Mayor Celso Lobregat welcomed the interconnection services saying it would help usher development in the city.

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Qualifications:

- preferably an HONORS graduate, of any four-year course in a reputable college or university; or a consistent dean’s lister.

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- Willing to travel.

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- Of good moral character

Qualified applicants may submit their resumes with 2x2 I.D. picture to: The Senior Vice President - MCD Pryce Corporation 1st Lower Level, Pryce Plaza Carmen, Cagayan de Oro City

Mindanao Passage Hotline: CAGAYAN (088) 856-9114/856-3702/854-7000 ILIGAN (063) 221-9914/223-3275 OZAMIZ (088) 521-0768/521-0789 DIPOLOG (065) 908-8341/212-2789 BUTUAN (085) 342-8529 SURIGAO (086) 826-8508 DAVAO (082)234-5824 GENSAN (083) 553-5974 COTABATO (064) 421-4175 ZAMBOANGA (062) 992-6114

5

6 October 28-30, 2011

Companies

BusinessWeek

MINDANAO

PLDT finally acquires majority stakes of Digitel PHILIPPINE Long Distance Telephone Co. (PLDT) on Wednesday completed its delayed takeover of rival Digital Telecommunications Philippines, Inc. (Digitel), saying regulators had ap-

proved the transaction.

The National Telecommunications Commission (NTC) confirmed that it had greenlighted the P69.2billion deal -- announced early this year and originally

scheduled for completion in June -- but also put in place several conditions that included the dominant telco’s divestment of some of its frequencies.

PLDT said it had accepted the NTC’s requirements, while second-ranked Globe Telecom, Inc. -- which had questioned the purchase and claimed that it would lead to a return to a monopoly -- said it was satisfied that regulators had moved to protect consumers and promote fair competition.

PLDT’s acquisition of JG Summit Holdings, Inc.’s 51.55% stake in Digitel will give the dominant telco some 70% of the domestic mobile market, leaving Globe about 30%. PLDT said it would soon announce a tender offer for the rest of Digitel.

Shortly after PLDT’s announcement, 3.277 billion

shares of Digitel changed hands via a cross sale in the stock market at P1.6033 per share.

In exchange for the Digitel stake, JG Summit will get 12.9% of PLDT, comprising 27.7 million common shares at P2,500 apiece.

PLDT also acquired the zero-coupon convertible bonds issued by Digitel to its parent and assumed P34.1 billion in advances made by JG Summit to Digitel.

“After due evaluation of the various factors and issues involved, it has granted the application for approval of the sale and transfer to the PLDT of initially approximately 51.55% equity in Digitel,” NTC commissioner Gamaliel A. Cordoba said in a press conference.

The NTC decision came a day before a 90-day review period was to expire. The

Republic of the Philippines Office of the President HOUSING AND LAND USE REGULATORY BOARD Northern Mindanao Region 3/F Dupoint Building, Velez Street, Cagayan de Oro City

Telephones: (08822) 721-466 & (088) 856-5088; email address: www.hlurb.gov.ph

NOTICE Notice is hereby given that H. Ad DEVELOPERS CORPORATION, with office address at No. 54 T. Chaves Street, Cagayan de Oro City and represented by its President, Ms. MARJORIE G. HERNANDO, has filed with the Housing and Land Use Regulatory Board, a sworn registration statement for the sale of memorial park plots located within PARKE DE SAN JOSE MEMORIAL PARK, situated at Sitio Vencer, Cogon, Balingasag, Misamis Oriental, and covered by Transfer Certificate of Title T-30347 containing a total area of Fourteen Thousand Nine Hundred Ninety (14,990) square meters; that the registration statement and all papers attached thereto are available for inspection during business hours by any person having legal interest thereon and upon proper application; and that copies thereof shall be furnished to such person upon payment of the proper fees.

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Any person with valid objection to the registration of the project may file his/her objection in writing with the Housing and Land Use Regulatory Board-Northern Mindanao Region, Velez Street, Cagayan de Oro City, with telephone numbers (08822) 721-466 and (088) 856-5088, within ten (10) days from the date of publication.

Cagayan de Oro City, Philippines, 21 October 2011.

By Authority of the Board: (Sgd.) CHARITO A. RAAGAS Officer-in-Charge BWM Oct 28 & Nov. 4, 2011

protracted regulatory approval period had prompted PLDT and JG Summit to thrice suspend the deal’s planned completion.

The regulator said PLDT would have to continue Digitel’s unlimited text and call services. “Regarding the unlimited services, we want it to be permanent, continuous and we want a nationwidereach [for these services],” Mr. Cordoba said, adding that Digitel’s mobile service should be kept separate.

PLDT was also required to divest 10 megahertz of 3G frequencies held by Connectivity Unlimited Resource Enterprises, Inc. (CURE), a unit of subsidiary Smart C om mu n ic at ion s , I nc .

CURE’s frequencies will be auctioned off and PLDT will not be allowed to bid, Mr. Cordoba said.

“Another condition requires PLDT and Digitel to continue providing high quality service to their respective subscribers,” he said.

“With their combined expertise and resources, it is expected that PLDT and Digitel will attain improved capability in providing better quality and more affordable services to their fixed line, mobile, wireless and broadband subscribers,” he continued.

“We would like to assure the general public that the PLDT-Digitel transaction will not result in a monopoly and bring about unhealthy business competition that

will be detrimental to the interests of millions of telecom users and subscribers.”

In support of this, Mr. Cordoba said the NTC had ordered the lowering of interconnection charges for text messages. The new rate, according the Memorandum Circular 02-10-2011, is P0.15 per text message from P0.35.

Complete landline interconnection between PLDT and Globe in provinces will also be pursued, he said.

Mr. Cordoba said the regulator was working on guidelines for local IP peering and would be conducting quarterly monitoring of telco providers’ quality of services, enforce rules on minimum Internet speed, and promulgate rules for “significant market power.”

“We believe these provisions are enough for consumer protection. There are also pending memorandum circulars such as lowering of interconnection for voice services and for landline services,” he said.

In a disclosure, PLDT said it and Digitel had “manifested their acceptance of the conditions contained in the decision”. In a separate statement, the telco said it would conduct a mandatory tender offer for the remaining 48.45% of Digitel on a date yet to be announced.

If the offer is fully taken up, the transaction value will increase to P74.1 billion.

Asked to comment on PLDT/PAGE 7

Congress.Watch House panels approve incentives for manufacture of hybrid vehicles BusinessWeek

MINDANAO

TWO House committees have jointly approved a consolidated bill seeking to provide incentives for the manufacture, assembly and conversion of electric, hybrid and other alternative fuel vehicles.

The House Committees on Ways and Means and on Trade and Industry in a joint hearing approved the still unnumbered substitute bill which is a consolidation of House Bill 1 authored by former Rep. Ronaldo Singson and Rep. Jose Ma. Zubiri III (3rd District, Bukidnon); HB 4794 by Rep. Hermilando Mandanas (2nd District, Batangas); HB 5139 by Rep. Ryan Luis Singson (1st District, Ilocos Sur); and HB 5161 by Reps. Rufus Rodriguez (2nd District, Cagayan de Oro) and Maximo Rodriguez, Jr. (Party-list, Abante Mindanao).

Mandanas, Chairman of the House Committee on Ways and Means, said the proposal seeks to address the climate change problem by providing fiscal and non-fiscal incentives which will promote the market for “cleaner” vehicles, paving the way for the realization of a healthier environment.

“With the advent of environment-friendly cars, there will be less demand for the importation of traditional or conventional fossil fuels (gasoline and petroleum)

and more for the production of alternative fuels like electric, solar, wind, hydrogen fuel cell, compressed natural gas (NCG), liquefied natural gas (LNG) and liquefied petroleum gas (LPG),” Mandanas said.

The bill defines “Hybrid Vehicle” as any vehicle that combines the technologies of using internal combustion engine (ICE) with a battery-powered electric motor to gain advantages of both propulsion systems.

It defines “Electric Vehicle” as any vehicle that uses electric motors solely for propulsion while it refers to “Alternative Fuel Vehicle (AFV)” as any vehicle using alternative sources of energy such as but not limited to solar, wind, hydrogen fuel cell, compressed natural gas (CNG) or liquefied natural gas (LNG) and liquefied petroleum gas (LPG), other than conventional sources of energy like petroleum and gasoline for propulsion.

Under the bill, manufacturers or assemblers shall be exempted from the payment of excise taxes and duties for nine years upon the effectivity of the act for exporting completely knocked-down (CKD) parts of electric, hybrid and other AFV, including the conversion of vehicles into electric, hybrid and other alternative fuel vehicles.

PLDT...

the NTC in promoting consumer welfare and fair competition.”

PLDT shares closed 1.04% or P24 higher at P2,330 apiece on Wednesday, while JG Summit Holdings was up 1.78% or P0.45 to P25.70 per share. Digitel gained 0.65% or P0.01 to close at P1.54 per, while Globe Telecom shares lost 0.89% or P8 to end the day at P892 apiece.

from page 6

NTC decision, Globe President and CEO Ernest L. Cu said the “general terms are acceptable.”

Globe, in a statement, said: “the approval... with condition to divest PLDT’s 10Mhz 3G frequency is a progressive step for

Likewise, the importation of raw materials, spare parts, components and capital equipment used in the manufacture or assembly of electric, hybrid and other AFV including the conversion into such vehicles shall be exempted from the payment of value added tax for nine years.

The bill also provides that the sale of raw materials, spare parts, components and capital equipment used in the manufacture or assembly of electric, hybrid and other AFV, including the conversion into such vehicles shall be subject to zero percent VAT rate for nine years.

The importation of completely built units (CBUs) of electric, hybrid and other AFV shall also be exempt from the payment of excise taxes and duties for four

years from the effectivity of the Act. Under the bill, the manufacturers, assemblers, converters and importers of electric, hybrid and other AFV shall register with the Department of Finance in order to avail of the incentives.

According to the Rodriguez brothers there are very few hybrid vehicles being sold in the country because of their expensive prices caused by the high excise and other taxes imposed by the government.

Based on figures from Toyota Motor Philippines, Inc., dealer of Toyota Prius and Lexus hybrid vehicles, show that only about 100 hybrid vehicles were sold by the car company since starting to offer these vehicles in the local market.

Zubiri said the duty-free

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 EXTRA JUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF A PORTION OF A PARCEL OF LAND NOTICE is hereby given that the intestate estate of the late LOLITO BALINTON SR. who died on September 5, 1996 and ERLINDA MONTES BALINTON, who died on October 19, 1998 at Talacogon, Agusan Del Sur, left parcels of Land under the Tax Declaration of Real Property TD/ARP No. 06-12-0001-00182CAD-1118-D LOT No. 1-A in the name of BALINTON, LOLITO (HRS. OF). Situated in San Agustin, Talacogon, Agusan del Sur, with a total area of 4,538 SQUARE METERS MORE OR LESS, are under EXTRA JUDICIAL SET TLEMENT WITH DEED OF ABSOLUTE SALE OF A PORTION OF A PARCEL OF LAND in favor to EMERITO M. BALINTON, LOLITO BALINTON JR., ANABELE M. BALINTON, MARGARITO M. BALINTON, JONDE M. BALINTON, ALMA M. BALINTON and VILMA BALINTON are the surviving and legitimate children, compulsory and sole heirs of the late LOLITO BALINTON SR. and ERLINDA MONTES BALINTON, under Notary of Atty. Germiniano A. Demecillo Jr. as per Doc. No. 180, Page No. 18, Book No. XXV, Series of 2011.

BWM October 21, 28 & Nov. 4, 2011

BusinessWeek

October 28-30, 2011

7

Rep. Rufus B. Rodriguez of the 2nd District of Cagayan de Oro City defends House Bill 3852, An Act Regulating the Practice of Criminology Profession in the Philippines, and House Bill 3389, An Act Regulating the Practice of Pharmacy in the Philippines, during a committe hearing at the House of Representatives.. Both bills were subsequently approved by the same Committee. The Criminology Bill was being pushed by Dr. Manny Jaudian, Dean of Criminology of Cagayan de Oro College. Abante Mindanao Rep Maximo Rodriguez co-authored both bills.

and tax free importation of parts will make hybrid car assembly competitive with the production of normal gas-fed cars.

Singson said the tax incentives to manufacturers

and importers of hybrid cars will make these vehicles affordable and available to Filipinos. He cited that to produce a hybrid car would cost $,5000 more than a conventional vehicle.

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October 28-30, 2011

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Opinion

BusinessWeek MINDANAO

What’s Your Type?

THINK a minute…

It’s been said there are two types of people in the world: Those who come into a room and say, ‘Here I am!,’ and those who come in and say, ‘Ah, there you are!’ Two very different approaches. One says, “Look at me! I want attention!” The other says, “Tell me about yourself.” One attitude says, “I’m the important one.”

The other says, “You’re the important one.”

You know, if you want to be the happiest you can be. If you want to live a rich, successful, satisfying life—then live to give and serve others. Dr. Albert Schweitzer said that how

happy we are depends on how much we live for others.

In fact, the one word that is the secret to success and the highest level of living is the word “others.”

But if we’d rather have a small, empty, boring life, then we can think only about ourselves and what we need and want. The problem with this self-centered kind of living is that even though we get and keep everything for ourselves, we’re never completely satisfied or happy; so we don’t make others happy either. Even God Himself said that He did not come into the world to be served, but to serve others—even to the point of giving His own

life for our wrongs, since He Himself had no wrongs to die for. Jesus Christ was constantly helping, healing, comforting, counseling, and forgiving others. He lived, died, and came back to life all for others. And even now, He is constantly praying for others, which includes you and me.

Jesus Christ became a human being to show us how to be happy and live successfully by living for others. He explained that it’s only when we give and share our life with others that we ourselves can finally be happy and satisfied. So this Christmas, why don’t you ask Jesus to forgive you

Reminiscent of Ms. Saigon VIETNAM has overtaken the Philippines in tourism arrivals as of October 2011 with 4.6 Million of foreign arrivals compared to their 3.8 Million figures last year or an increase of 36%. With 420, 00 average visitors per month, Vietnam figures are projected to top the 5 Million Tourist end of this year. While the Philippines is struggling to reach the 4.5 Million DOT projections for 2011.

Positioned as the nearest tropical destination from China, Vietnam has the most arrivals from Mainland China, Korea and Japan.

US Investment promotions and American servicemen veteran’s visits follow.

The affluent Russians come for the sun and sea.

More of their Asian neighbors like Laos and Cambodia drop by for exchange studies in Fisheries and Agriculture.

Their mariculture along the Mekong Delta is a learning experience on Pangasius culture.

Vietnam supplies most of world’s requirement for “cream dory” a white meat fish that goes to our Chowking breakfast.

What makes them click and surpassed the Philippines in many undertakings?

executives representing the largest corporations in the Philippines.

The BSP received a net score of 77 in the survey conducted from July 19 to August 2 of this year. The results indicate that around 85 percent of the respondents expressed satisfaction for the BSP’s performance during the first year of President Benigno Aquino III’s administration.

Following BSP in the top list is the Department of Finance with a net score of 67.6.

In a letter to BSP Governor Amando Tetangco Jr. last August 16, MAP President Felino A. Palafox Jr. said that their association considered BSP as one

of the top best performers under the administration of President Aquino.

Palafox said the association’s members, who participated in the recent MAP Survey on Government Performance, voted for BSP to be in the top 5 among 50 government agencies.

“We in the MAP look forward to working with you and the BSP ‘MAPping a Culture of Integrity’ and in pursuing programs that will convert the ‘Matuwid na Daan’ clarion call of President Benigno C. Aquino III into a way of life for all citizens and leaders of our beloved country,” Palafox said.

Lastly, Rep. Angelo B.

JHAN TIAFAU HURST for all your wrongs and living for yourself. Then ask Him to help you start living His right, successful way: to serve, help, and give to others. You‘ll be the happiest one for it.

Just think a minute…

TRAVERSING THE TOURISM HI-WAY

Vietnam which rank two notches below the Philippines in the late 90’s in terms of economy, infrastructures and governance is on equal footing and could dislodges us in terms of investments destinations and tourism.

When diplomatic relations with the Philippines was established in June 12, 1976, Vietnam has been sending their government executives to the Philippines not solely for diplomatic missions but to learn how we do our rice planting techniques from the International Rice Research Institute (IRRI) in Los Banos, Laguna.

Scholars were enrolled at the Asian Institute of Management (AIM) in Makati to learn business strategies and observe business governance.

Their Medical students enrolled at the University Of Santo Tomas College Of Medicine along Espana in Manila.

Many of their bilateral visits and travel exchange to the Philippines were accounted and put to good use and their country is harvesting their effort.

The Philippines has many opportunities too in foreign travel for government func-

tionaries.

Police law enforcement visits to Russia with bundles of foreign currency on hand.

Legislator’s sojourn in the US accompanying a former President that cash out a bill of USD20, 000 for dinner in a New York upscale restaurant and a coterie of officials booked at MGM Hotel in Las Vegas every time our boxing hero fights in the US. With all travels and exposures, we have not fixed our international airport which ranks among the worst in the world.

Death and destruction continue to rise during natural calamities and war and skirmishes is still going on in Sulo, Basilan and Zamboanga Sibugay.

Vietnam which rank two notches below the Philippines in the late 90’s in terms of economy, infrastructures and governance is on equal footing and could dislodges us in terms of investments destinations and tourism.

Words of praise for BSP NOTHING like words of praise to warm the heart.

The Bangko Sentral ng Pilipinas (BSP) recently received three successive accolades from the Makati Business Club (MBC), the Management Association of the Philippines (MAP), and a member of the Philippine Congress—affirmations that will truly inspire the BSP community to accomplish more.

The BSP, a consistent topnotcher among government institutions in previous MBC surveys, again received the highest net satisfaction score in the latest MBC Executive Outlook Survey.

The MBC is a private non-stock, non-profit association of senior business

THINK A MINUTE

Palmones of AGHAM PartyList filed House Resolution No. 1610 entitled, “A Resolution of Commendation for the Bangko Sentral ng Pilipinas and Twelve Other Major Banks in the Philippines for Undertaking the Kiddie Account Program, Under the Auspices of the Bank Marketing Association of the Philippines, to Promote the Habit of Saving Regularly Among Filipino Children Up to Twelve Years Old.” The House Resolution noted that the Kiddie Account Program was in line with state policy to “inculcate in the youth patriotism and nationalism and encourage their involvement in public and civic affairs.”

PED T. QUIAMJOT They have the best business environment in Asia and their peace and order is the opposite experience of their protracted war with America.

A prominent Cagayan de Oro raised businessman, Don Pepito “Che” Alvarez, who put up his numerous investments in Vietnam, could be the best teacher and resource person why he chooses Vietnam and why they are overtaking us?

The Vietnamese President, Trung Tan Sung, who arrived for a state visit to the Philippines, chooses to include the International Rice Research Institute as one of his itinerary before he returns to his country.

There must be something at IRRI that many of our public officials do not know?

Because, have they known it, we will not be importing and smuggling rice from Vietnam.

SPEAKING OUT “The government promotes projects and activities aimed at developing and enhancing positive Filipino values, especially among the youth,” the resolution said.

It added that “nurturing good traits and habits among the young can lead them to becoming responsible members of society.”

The BSP and the Bank Marketing Association of the Philippines (BMAP) launched a special “Kiddie Account Program” last August to encourage the country’s 12 million Filipino school children to save money.

Under the program, school children up to 12 years old can open bank accounts with initial de-

IGNACIO BUNYE posits of R100 or less at any of the participating banks’ head offices or their 3,000 branches.

The 12 participating banks are the Development Bank of the Philippines (DBP), Bank of the Philippine Islands (BPI), China Bank Savings, East West Bank, Maybank, Philippine BUNYE/PAGE 9

BusinessWeek

MINDANAO

Views.Opinion

October 28-30, 2011

9

Is the government fostering corporate greed?

AN on-going summit on piracy in Makati Shangri La came under attacks from the international press, leading to perceptions that the government may be acting in the interests of big corporations.

The summit includes sessions on identifying the fake versions of Swiss Watches, New Era Caps, Chanel, Colgate Palmolive, Philips, Beiersdorf AG, Hewlett Packard, Castrol, Pfizer, Puma, Louis Vuitton, Singer and Unilever.

The summit is held in cooperation with the World Intellectual Property Organization (WIPO), a United Nations agency in charge of intellectual property.

It came under fire from the international press with Canadian journalist Cory Doctorow, an advocate of

Colonia... from page 10

a soothing one. The hotel- restaurant catering Filipino and international cuisines are available for the hungry guests alike.

This indeed sounds like a perfect get away from the drudgery and humdrum of daily life. We are all looking forward in having a chance to commune with nature while bonding with friend, officemates, classmates and family.

Guess what, you do not need to travel arduously to enjoy all these adventure activities. It is just but minutes away from the hustle and bustle of metropolitan Cagayan de Oro. You can take the jeepney at the Gaisano Mall Terminal and they will take you right up to the gate of the park. The park is conveniently located in

PESO...

from page 1 preliminary report of the Bureau of Local Employment showed that 798,775 jobseekers out of the 1,088,776 referred for job placement have already been employed. Of the total number of workers placed, more than 502,000 found jobs in the private sector while the rest were employed in the government.

Secretar y Rosalinda D. Baldoz said that 1,299,270 jobseekers who are fresh graduates and highly skilled, semiskilled, and disadvantaged workers, were also provided job search assistance through the network of 1,069 PESOs in local government units (LGUs), schools, and other places during the first three quarters of 2011.

The labor chief also said that 52,851 jobseekers were referred for training and employability enhancement services of the government.

“This plainly demonstrates, and I reiterate, the importance for all job applicants to build up proper skills and qualifications so as to successfully land opportunities that are right here, in companies and industries right in our own economy, and for the PESOs to efficiently facilitate the

free sharing in digital media, criticizing the summit as an “off-the-books meeting in the Philippines on trademark enforcement, with speakers from Louis Vuitton, Chanel, the Swiss Watch Federation. The meeting wasn’t announced on WIPO’s website, and it exclusively features speakers who support greater enforcement, with no one speaking for moderation and balance.”

Asked about the summit, Nick Ashton-Hart, US technology industry representative in Geneva, said, “ The CCIA [Computer and Communications Industry Association] sees the clear bias in the program and the lack of transparency about WIPO’s engagement in it as very troubling.”

WIPO defended its

Iponan, Cagayan de Oro. The amenities and all the adventure facilities are all priced with affordability in mind. The initial phase of development is the zip line facilities, ATV’s and horseback riding.

The swimming pools and hotel-restaurant will be constructed due some times after the first phase.

Thus the Colonia Hidden Valley Park has been envisioned and created.

What began as a class requirement for a Market Research in the Financial Management Class in Capitol University Graduate School is now being made into a reality.

Soft opening will be this coming early December 2011. See you there and together lets relax, enjoy and experience adventure with ease of accessibility and affordability! matching of skills and jobs between labor and employers,” said Baldoz.

Baldoz was apprised by BLE Director Ma. Criselda R. Sy that all in all, the PESOs solicited 2,050,441 job vacancies that were made available to the 1,299,270 jobseekers during the three-quarter period.

On top of these successful job placements, Sy indicated that more than half a million (532,002) job applicants nationwide have been assisted and appropriately referred as they registered in the 1,179 job fairs jointly organized by the DOLE regional offices and PESOs, in partnership with private sector companies and the government.

According to the BLE report, the highest number of fairs conducted in the first three quarters nationwide were in the National Capital Region (581), and correspondingly, the highest number of jobseekers assisted were in the NCR (150,848), followed by Region 4A (111,603), Region 7 (54,127), Region 3 (36,815), Region 12 or SOCCSKSARGEN (30,090), Region 6 (25,630), and other regions of the country.

The report on the PESO job placements nationwide in the first three quarters of 2011 came on the heels of the successful hosting by Davao City of the

involvement stating that “WIPO’s involvement in the program relates to the first two days. The remainder of the program is organized by the Philippines government. The objective of the WIPO program focuses on developing and implementing national strategies on awareness raising through cross-sectorial collaboration. WIPO’s contribution to the program – in particular through the WIPO speakers – will address the question of balance and the cross-sectorial nature of the issue.”

Strictly speaking, the workshops sponsored by these corporations will, of course, teach our law enforcement officers how to act in the interest of those business entities. However, it is also true that these brands

are the most pirated in the country. They have lost a lot of profits due to piracy.

Protecting foreign brands is ok, but not at the risk of overlooking Filipino brands.

We should also promote Filipino brands as an alternative to expensive foreign brands.

Some measures initiated by the government have been criticized as harsh yet ineffective.

In June this year, Mayor Lim of the City of Manila gave an ultimatum to vendors of pirated discs in Quiapo, mostly Muslim immigrants, to cease selling pirated goods at the risk of getting ejected from Quiapo, despite calls from multi-sectoral groups.

Earlier this year, the IPOPHL also started talks with what it termed as the ‘elusive’ management of the

Greenhills Shopping Centre, demanding that it eject lessees selling pirated wares at the risk of having the mall/store owners’ US visa cancelled.

Despite this, authorities are confident that this year’s raids will match the 2009 record of seizing Php 5.6B worth of pirated goods.

The increased number of fake items also denotes the increase in scope of pirate activities. Whereas before, pirated goods referred only to pirated discs, now the term includes counterfeit bags, watches, books, medicines, and consumer goods.

The summit is of course conducted with the end in view of removing the country from the US piracy watch list. Removal from the list will result in increased trade benefits to Philippine manu-

facturers who export to the States under the Generalized System of Preferences.

Enacting more laws and rules will always be on the table, but more than that, we should have an attitude shift.

People don’t download music or buy counterfeit perfume because they’re poor. They do it because they don’t think of it as a theft.

Email sara.suguitan@ gmail.com

Franchisee territory

FRANCHISING

FRANCHISORS grant exclusive or protected territories to their Franchisees to facilitate sales of franchises and to motivate effective market development by the Franchisee that, theoretically, will be more inclined to invest in the development of his business if he has no competition of the same brand in his area.

Many Franchisors have discovered that they made to large initial estimates of the population required for a successful franchised business (once their network trademark became more widely recognized) and that large spaces between franchises only invited competitors. Large territories also may interfere with adjustment to changing markets and inhibit the offering of additional franchises to productive Franchisees.

Structuring the franchise to enable the Franchisor to achieve greater market penetration by granting limited territorial protection and reserving rights to sell to some customers within the Franchisee’s territory will tend to result in more system expansion conflicts with existing Franchisees.

The corollary of the exclusive or protected territory, a right granted to the Franchisee, is a restriction on the area within which the Franchisee may conduct his business.

If Franchisees have the ability to sell outside their immediate markets and are able to market and sell in the territories of adjacent Franchisees, restrictions on such marketing may be necessary to make exclusive or protected territories meaningful.

Franchisors also impose such restrictions to force a Franchisee to fully exploit his assigned territory and to maintain the quality of the product or the service sold by the Franchisee.

Confining Franchisees to their specific markets can result in troublesome enforcement problems for the Franchisor. The Franchisor will be expected to enforce the restriction against the invading Franchisee and may have a legal obligation to do so. The invading Franchisee may be highly productive, have effectively penetrated his own market and invades the territory of the adjacent Franchisee primarily because that territory has not been effectively penetrated.

Disciplining a productive Franchisee to aid a lazy or ineffective Franchisee is

11th National PESO Congress under the theme, “Disente at Produktibong Trabaho, PESO ang Kaagapay ng Estado”.

The labor chief said that “the importance of the PESOs is particularly highlighted by the agenda of President Aquino III to address the labor-mismatch problem by promoting better coordination between employers, academia, and government through strengthening both public (e.g. Public Employment Service Office) and private sector labor market information and exchange institutions, especially at the local levels.”

The current 1,069 operational PESOs have been established and accredited

by DOLE by means of the continuous field work of the BLE and DOLE regional offices (ROs), in coordination with local government units (LGUs), state universities and colleges (SUCs), non-government organizations (NGOs), or community-based organizations (CBOs) nationwide.

“Pursuant to the PESO Act of 1999 and its implementing rules and regulations (IRR), all the PESOs have been effectively linked to the DOLE ROs for coordination and technical supervision, and to the DOLE Central Office, to constitute the national employment facilitation network,” said the BLE Director Sy.

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October 28-30, 2011

Aggie.News

BusinessWeek

MINDANAO

Open Forum on World Food Day, Consumer Welfare Month Held CAGAYAN DE ORO CITYIn celebration of the World Food Day and the Consumer Welfare Month, a forum was conducted by the Department of Agriculture Regional Field Unit 10 on October 17, 2011 at the El Garaje, DA Compound.

With themes “ Food Prices from crises to stability” and “ Sapat, Ligtas at AbotKayang Pagkain Para Sa Lahat” respectively. The forum aimed to encourage increase agricultural food production and to inform DA employees and guests as to the agency’s role in the provision of sufficient, safe and affordable food for everyone and the consumer’s responsibility to be vigilant on the prices of commodities sold in the market.

Regional Executive Director Lealyn A. Ramos in her Welcome Remarks expressed her appreciation as to the success of the World Food Day Celebration that was previously observed by the department last Oct. 13 and 14 through showcasing of technologies and product displays joined by attached agencies of the department as well as private entrepreneurs.

The celebration was also highlighted by a cooking competition participated by each divisions of the office, of which the Planning Division was proclaimed as the ultimate winner participated by Ms. Sonia E. Oliveros and Ms. Cleofe O. Ampatin in their appetizing masterpiece called Pinoy Adlai Dimsum.

Director Ramos added that the agency not only

celebrated a day for the “World Food Day” but series of days. She also highlighted the importance of the department’s role towards the realization of the Consumer Welfare Month theme that is for us to be instruments in helping farmers with their production of food staples such as rice and corn and advised not to ask for too much discounts from seller-farmers. In this way, as consumers we boost the quality and quantity of food production since farmers gain more confidence in the products that they sell.

The forum was a perfect venue for awareness not only to the agency’s employees but also to the invited guests from different government institutions on how we can help together as one to achieve the themes of the twin-celebration.

Highlighted topics which were exhaustively explained by experts in the field are; Organic Farming- Nature Farming Technology System, Food Safety, Meat Safety and Food Prices.

These topics are aligned to the theme of the celebration and aims to stir responsiveness and attentiveness to the audience so that they can understand more fully what this celebration is aiming.

Guests who speak on the topic are; Dr. Simer E. Belacho Medical Officer VII Chief Licensing, Regulatory and Enforcing Division of the Department of Health Region 10 who talked about Food Safety.

Highlighted topic is on consumer awareness and food quality and safety. Atty. Fel Lester B. Brillantes Legal

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City IN THE MATTER OF PETITION FOR CORRECTION OF ENTRY: CHANGE OF SEX FROM MALE TO FEMALE

SPL. PROC. CASE NO. 2011-125

MERRY JHEVE C BENEDICTOS, Petitioner, -versusCIVIL REGISTRAR OF CAGAYAN DE ORO Respondent.

X----------------------------------------------X ORDER The instant Petition filed by Merry Jheve C. Benedictos (hereafter petitioner) seeks the correction of the entry in the Certificate of Live Birth of Petitioner’s gender from “MALE” to “FEMALE”.

Finding the instant Petition to be sufficient in form and substance, let the initial hearing of this case be set on November 28, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City.

Respondent Local Civil Registrar of Cagayan de Oro City and any person having or claiming any interest on the entries whose corrections are sought, may, within fifteen (15) days from notice of this Order or from the last date of publication thereof, file their opposition/comment thereto and appear at the scheduled hearing.

Furnish copies of this Order, together with the Petition and its annexes, to the Office of the Civil Registrar of Cagayan de Oro City, the Office of the Solicitor General and the National Statistics Office, Manila SO ORDERED. September 28, 2011, Cagayan de Oro city.

BWM October 14, 21 & 28, 2011

(SGD.) DENNIS Z. ALCANTAR Presiding Judge

Officer of the Department of Trade and Industry Region 10- who talked about the law on Price Act or RA No. 7581 in which he explained that the act is for the protection of consumers by stabilizing the prices of basic necessities and prime commodities and prescribing measures against undue price increases during emergency situations. Speakers from attached agencies like National Meat Inspection Service (NMIS) Region 10 also came to talk about Meat Safety delivered by Meat Inspector Ms. Helen B. Para. She elaborated more on practical tips on meat safety and quality and were accompanied by their Regional Director Atty.

Beata Obsioma. Topic on Nature Farming Technology System, highlighted topic was on nature farming

TOP L-R: DA 10 Reg. Executive Director Lealyn A. Ramos welcomes the guests and DA employees; RTD Roxana H. Hojas explains the rationale of the WFD Celebration and Consumer Month. BELOW L-R: Engr. Noli de la Rita from Bureau of Fire Protection and Mr. Mike Baños of Konsumanteng Kagay-anon,Inc. with their questions addressed to the speakers.

technology characterized by its simple, economical and sustainable use of indigenous micro organisms thru the process of fermentation Visitors from other agencies who came were Engr.

Noli P. de la Rita- Chief Info Services Division Bureau of Fire Protection Region 10; Engr. Elvira A. Cajigas -Chief Consumer Welfare Division Department of Trade and Industry Region 10; Ms. Lila F.

Soquillo of Department of Environment Natural Resources and Mr. Mike Baños from Konsumante Kagayan an organization of consumers in Cagayan de Oro City.### (suzy may roa-fabular da-10)

Climate Change impact in the Philippines

By CRISPIN PAILAGAO CAARE Teacher III

CLIMATE includes patterns of temperature, precipitation, humidity, wind and seasons.

“Climate Change” affects more than just a change in the weather; it refers to seasonal changes over a long period of time.

These climate patterns play a fundamental role in shaping natural ecosystems, and the human economies and cultures that depend on them.

Because so many systems are tied to climate, a change in climate can affect many related aspects of where and how people, plants and animals live.

I had a pleasure watching movie entitled “CLIMATE CHANGE IN THE PHILIPPINES”. It was really an educational and interesting show that opened the mind of individuals of how important CLIMATE in our lives.

I was particularly interested of the effect brought by climate change in our country that things

Tablon Elementary School, City Division of Cagayan de Oro participated SM GREEN FILM FESTIVAL , a documentary film shown in Cinema 2 as a way of educating youth on pressing issues on “ CLIMATE CHANGE.”

happened due to man’s negligence.

It is undeniable indeed that overpopulation greatly contributes on said uncertain. Since we don’t have enough resources, our fellowmen are forced to indulge in different illegal activities that can disrupt the cycle of ecosystem.

Floods, typhoons, landslides, soil erosions etc. are some common calamities which we are currently experiencing. These are brought by deforestation,

using of products containing chlorofluorocarbon (CFC), and cutting down trees, improper waste segregation and other human activities.

Climate change is real. This could hardly be avoided. It is obviously happening in our country.

We know its effects on our environment so we must do necessary things or find ways to solve the problem.

Government, big and together. We must not small industries should waste time. We should get a common goal to act act now!

Colonia Hidden Valley Park to open in CDO REST and recreation have always remained elusive for those individuals whose time are as precious as gold. What many people can’t afford is the luxury of time. For some just to be able to muster the logistics and transportation for that long travel with family and friends just to relax and enjoy is enough to induce a good headache. And when everything is set, the weather doesn’t cooperate.

So much ado for nothing.

Imagine an adventure park that will highlight a 700 plus meters of zip line that will sport a double

line for extra safety, using the best and latest gadgets, conforming to international zip line standards. And for those who favor earth bound adventures, this park offers ATV (all-terrain vehicles) for you to explore the different trails. Avail of horseback riding and savor the park’s natural beauty. It will also have a camping site for those who would really like to spend some nights, perfect for star gazing. A swimming pool to cool you off for that perfect relaxation in the lush forest setting surely will make your day a soothing one. The COLONIA/PAGE 9

BusinessWeek

October 28-30, 2011

MINDANAO

Wave...

from page 1 gloomy situation in 2010. The recent declarations of Yellow or Red Alerts by NGCP further confirms that Mindanao Grid has shortage of capacity necessary to provide the required Ancillary Services as specified in the Grid Code. This is not a good sign considering that we have ample rains and we don’t even have El Niño yet,” said Engr. David A. Tauli, senior vice president for engineering of the Cagayan Electric Power and Light Company (CEPALCO).

Department of Energy (DOE) figures show electricity generation in 2010 was reduced by 6.33% (or 430 million kWh, excluding losses and stationuse) compared to 2009. This reduction in generation represents the unserved electricity due to power supply shortage in Mindanao in 2010.

Estimated economic losses using the ratio of the Gross National Product (GNP) to the total kWh sold or P144 per kWh in 2010 multiplied by the 430 million unserved kWh in 2010 translates to P62 billion of economic losses for Mindanao. Within the franchise area of CEPALCO covering Cagayan de Oro City and the municipalities of Tagoloan, Villanueva and Jasaan, Misamis Oriental, the reported total unserved energy of 15.6 million kWh translates to P2.2 billion of economic losses using the same ratio.

NGCP issued a Yellow Alert notice for the Mindanao Grid on Monday, 17 October 2011 due to scheduled preventive maintenance on one unit of STEAG State Power Inc.’s coal-fired power plant in Villanueva, Misamis Oriental. A Yellow Alert is issued by the NGCP when the “Contingency Reserve” is less than the power generated by the largest synchronized generating unit in the grid.

As of 11:00 AM on 19 October 2011, NGCP raised the alert level from Yellow to Red Alert due to scheduled maintenance on one of its ancillary service providers, the 2nd unit of Therma Marine Inc.’s 100-megawatt (MW) power barges.

According to NGCP, the shutdown of one unit of STEAG’s Power Plant and Unit #2 of TMI’s Power Barges reduced the “Contingency Reserve” in the Mindanao Grid to zero. However, STEAG completed works on its unit 35 hours ahead of schedule and back online in the grid by 1PM 24 October 2011. NGCP declared the power situation back to normal by 9AM of 25 October 2011.

The Grid Code mandates that a Red Alert be issued by the NGCP as system operator when the Grid “Contingency Reserve” is zero; there is generation deficiency, and there is critical loading or imminent overloading of transmission line or equipment.

Grid protocol dictates that a Yellow or Red Alert requires Distribution Utilities (DUs) to limit the power they draw from the grid to a certain “Load to Maintain”. Exceeding the limit specified by NGCP for each DU would mean automatic disconnection from the grid. Thus, DUs with “Load to Maintain” that is less than what they need would have to resort to power curtailment or rotating brownouts in their respective franchise areas, or face a possible disconnection

from the grid.

However, CEPALCO customers within its franchise area have so far not experienced rotating blackouts like other DUs or rural electric cooperatives despite the Red Alert due to back-up power supplied by its “embedded generators” connected to its distribution grid such as the 18.9 MW diesel-fired power plant of the Mindanao Energy System, Inc. (MINERGY), 7-megawatt Bubunawan mini hydro or 1-megawatt solar power plant in Indahag.

The number of yellow and red alerts is expected to rise further as demand for energy in the grid rises, even during the rainy season when there is sufficient water in Lake Lanao and the Pulangi River to run the Agus-Pulangi hydroelectric power plants which supplies some 55% of the power needed by the Mindanao Grid.

Coal... from page 1

on development. One councilor was not able to vote, while three others are on leave.

President pro-tempore Karlo Bello presided on behalf of Vice Mayor Rodrigo Duterte who was acting mayor for a few days.

“We are extremely happy with the ordinance (reclassification). We have been transparent with all our plans and we are glad our city officials were convinced by our plans,” AboitizPower First Vice President for Mindanao Manuel Orig said.

The 300-MW baseload power plant is aimed at providing reliable and affordable baseload power for Mindanao.

“The committee has set conditions on the company independent of the conditions set by the ECC,” chairperson Rachel Zozobrado told the Council during her report.

“Some of the conditions may be the same as the ECC or even more, but it is better safe than sorry.”

AboitizPower presented during the session the findings and recommendations of the water sudy team for

using available fresh water sources in its proposed site after a thorough hydrology study led by Dr. Roy Soriano a Phd graduate in Civil and Environmental Engineering with over 27 years of experience in hydrology.

According to Dr. Soriano, spring water and surface water in the area are more than enough to meet the needs of the power plant. The findings were verified by engr. Uldarico Trawon, a hydrologist commissioned by the city government and by Engr. Ismael Tabije, who served as adviser to the team.

“A new hydrology study was conducted to allay the fears of the vice mayor, the city councillors and the people of Davao that the plant will jeopardize the community’s water use and affect the city’s aquifer,” Orig said. “As proven by the study, we will not have an effect at all.”

The proposed power plant is seen as the viable, affordable and reliable solution to the power crisis in Mindanao.

The island is highly dependent on hydro power sources. The hydro power plants have recently been de-rated owing to their age resulting to the reduction in their production.

Power demand in Mindanao has also been steadily increasing while no new major power plants have been built in the last few years.

Government estimates that the Mindanao power shortage is set to worsen and that by 2014, the shortage will be around 480 MW – enough to cut off the entire power supply to the cities of Davao, Cagayan de Oro, Gen. Santos, Zamboanga and Butuan.

Normin... from page 1

cushioned the declining performance of the services and industry sectors this year.

“While economic growth lost momentum during the crisis years, Northern Mindanao is among the few regions in the country which enabled the national economy to escape recession,” Dacanaysaid during the Mid-Year Philippine Economic

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 20 Cagayan de Oro City IN RE; PETITION FOR CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE, ETC. ROSEMARIE CRAIZ EDUAVE, Petitioner,

SPL. PROC. CASE NO. 2011-117

-versusLOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent X----------------------------------x ORDER Considering that the order of this court setting the initial hearing of this case has not yet been published, let the initial hearing of this case be had on November 7, 2011 at 8:30 A.M. Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge.

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

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

SO ORDERED. Given in open court this 14th day of September, 2011 at Cagayan de Oro City (Sgd.) BONIFACIO M. MACABAYA Presiding Judge BWM October 21, 28 & Nov. 4, 2011

Briefing (PEB) led by the Bangko Sentral ng Pilipinas (BSP) held last week.

“As of the first two quarters of 2011, leading indicators point to a modest improvement of the economy. Production in the agriculture sector mostly increased,” the NEDA-10 Director said.

Based on Neda’s report, Northern Mindanao exports increased by about 26 percent, investment inflow picked up, increases in tax and customs collections were sustained, energy sales made a rebound indicative of the vibrancy of the industry and business sector, and many other indicators showing positive performances.

Over the next six (6) years, the region shall continue to present itself as the most competitive, efficient and attractive transhipment hub and venue for industrial ventures.

“It shall assert its role as a gateway and industrial core and trade center in the south,” Dacanay said.

Attended by more than 200 participants, the PEB focused on communicating the government’s initiatives towards good economic governance anchored on a strategic development framework of improving transparency and accountability, strengthening the macroeconomy, financial and capital mobilization, and facilitating infrastructure development and the results achieved so far.

Reactors from the private sector appreciated the presentation by the economic managers on the Philippine economic situation.

However, they also called for government’s strong political will for immediate and urgent reforms on the following seven (7) concerns, among others: Worsening conditions and stringent requirements of doing business in the country, the private-public partnership which is envisioned to be the country’s

growth driver has unexpectedly not taken off, massive bank closures.

The needed structural reforms to attract new players to invest in power generation, rationalizing the terminal handling charges imposed by international shipping lines on Philippine exports, full implementation of RA 9178 otherwise known as the Barangay Micro Business Enterprises Act and peace and

11

order situation in Mindanao.

Economic managers present during the PEB were BSP Director Antonio Cintura, Director Rolando Toledo of the Department of Budget and Management (DBM), Undersecretary Gil Beltran of the Department of Finance (DOF), and Assistant Secretary Felicitas AgoncilloReyes of the Board of Investment Department of Trade and Industry (BOI-DTI).

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 20 Cagayan de Oro City IN RE; PETITION FOR CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE, ETC. ROGER LUMINGUIT TEJOR, JR., Petitioner,

SPL. PROC. CASE NO. 2011-121

-versusLOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent.

X--------------------------------------X ORDER Considering that the order of this court setting the initial hearing of this case has not yet been published, let the initial hearing of this case be had on November 7, 2011 at 8:30 A.M. Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of General Circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the office of the Executive Judge.

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

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

SO ORDERED. Given in open court this 14th day of September, 2011 at Cagayan de Oro city.

(GSD.) BONIFACIO M. MACABAYA Presiding Judge BWM October 14, 21 & 28, 2011

CAGAYAN DE ORO CITY WATER DISTRICT

PAHIBALO Ang COWD malipayong nagpahibalo sa publiko nga nahuman ug nakumpleto na ang maong mga proyekto: • Duha ka 50mm nga mga linya sa tubig nga adunay tags aka meter stub-out matag usa sa Zone 1 ug Zone 2 sa Barangay 25 • Duha ka 50mm nga linya sa tubig nga adunay tagduha ka meter stub-outs matag-usa sa Purok 3-A sa Dao, Barangay Gusa • Us aka 100mm nga linya sa tubig nga adunay tagtulo ka meter stub-outs sa Purok 1-A sa Barangay Tablon Ang mga lumulupyo sa maong dapit nga buot magpakutay ug serbisyo sa tubig sa COWD, mo adto lamang sa Admin Building sa COWD sa dalan Corrales ning dakbayan.

Alang sa kasayuran usab sa tanan nga magpakutay ug serbisyo sa tubig, kinahanglan kamo makatambong sa usa ka Orientation-Seminar nga usa ka rekisito alang sa mga bag-o nga koneksyon sa serbisyo sa tubig.

Ang nasangpit nga Orientation-Seminar gaipahigayon matag: Miyerkules 3PM, COWD Social Hall (4th Floor) Sabado 2PM, COWD Lobby Alang sa dugang Kasayuran, tawag lamang sa COWD Customer Care Hotlines: 72-97-42 856-4546 0917-717-3016 Salamat sa padayon ninyu nga pagbulig ug pagsuporta sa COWD.

SUPERTRES II

BusinessWeek MINDANAO

October 28-30, 2011 FOR OCTOBER 28 11AM, 4PM AND 9PM 3-D LOTTO DRAW

9-8

TAKE ONE:

PAIRING: 49, 59, 79, 89 48, 58, 78, 88 49 + 012 = 490, 491 ...

59 + 012 = 590, 591 ...

79 + 024 = 790, 279 ...

89 + 0134 = 894, 893 ...

Hot pairs

BWM ANGLE GUIDE

1

2

5

9

7

8

PA SA KAY

3

4

8

6

9

0

48 + 012 = 715, 716 ...

58 + 012 = 728, 726 ...

78 + 01245 = 087, 718 ...

88 + 1235 = 828, 858 ...

59-79-38-48

FOR OCTOBER 29 11AM, 4PM AND 9PM 3-D LOTTO DRAW

0-9

TAKE ONE:

PAIRING: 04, 05, 07, 08 94, 95, 98, 79 04 + 6789 = 406, 084 ...

05 + 6789 = 508, 570 07 + 345 = 073, 470 ...

08 + 345 = 308, 480 ...

Hot pairs

YOUR ULTIMATE WINNING GUIDE

BWM ANGLE GUIDE

1 5 7

2 9

PA SA KAY

8

3

4

0

6

9

0

94 + 012 = 940, 294 ...

95 + 012 = 059, 519 ...

98 + 01245 = 819, 289 ...

79 + 024 = 970, 279 ...

59-29-80-10

FOR OCTOBER 30 11AM, 4PM AND 9PM 3-D LOTTO DRAW

TAKE ONE:

1-0

PAIRING: 41, 51, 17, 81 04, 05, 07, 08 41 + 56789 = 416, 417 ...

51 + 6789 = 516, 517 ...

71 + 345 = 713, 417 ...

18 + 345 = 183, 418 ...

Hot pairs

1

2

5

0

7

8

3

FOR OCTOBER 31 11AM, 4PM AND 9PM 3-D LOTTO DRAW

1

6

9

0

PA SA KAY

04 + 6789 = 046, 470 ...

05 + 6789 = 605, 570 ...

07 + 345 = 073, 074 ...

08 + 345 = 308, 480 ...

1

2

5

1

PAIRING: 14, 15, 17, 18 42, 52, 72, 82 14 + 6789 = 415, 418 ...

15 + 6789 = 516, 518 ...

17 + 345 = 173, 417 ...

18 + 345 = 318, 418 ...

7

8

PA SA KAY

3

4

2

6

9

0

42 + 6789 = 264, 274 ...

52 + 6789 = 259, 258 ...

72 + 345 = 357, 673 ...

82 + 345 = 823, 482 ...

18-51-24-26

CASINO DAYLIGHTS DIAMONDS EYES FOREVER GOLDEN GOLDFINGER LOVE MOONRAKER OCTOPUSSY QUANTUM ROYALE RUSSIA SECRET SERVICE SOLACE SPY THUNDERBALL TOMORROW TWICE

Crossword Puzzle

WEAKEST DIGITS

1

STRONGEST DIGITS

6-7

HOT PAIRS

53-03-05 84-94-98

1-0 2-5 3-8 4-7 1 6 7 6-9 THIS WEEK’S PLAYING DIGITS

Fill in completely every rows, columns, and diagonals of each puzzle without repitition of the same digit.

ANSWER TO PREVIOUS 25 Rears 27 Singer Eugenio CROSSWORD PUZZLE 29 Ilocos or Camarines 31 Location 33 Olfactory organ 35 Increase (w/ up) 36 Political patronage 39 Hebrew letter

ULTIMATE TAKE-1, TAKE-2 FOR 3-D DRAWS

124-134-127-137 154-184-157-187 176-179-146-149

How to play the game?

11 Bataan town 15 Adherent to 16 Hair-styling preparation 18 Adjacent to 21 Reasonable 22 Thaw 23 Regrettably serious

317 715 071

3 DAYS MAINTAIN ***GUARANTEED***

SUDUKO

ACROSS 1 Prose narrative 5 Take a chance 10 Greek philosopher 12 Automobile 13 Suffer ill health 14 Riotous action 17 Soldium symbol 18 Back of the neck 19 Fabian ___ 20 Shorthand writing 22 Beer ingredient 24 Had real being 26 Lease 28 Bird’s claw 30 Actress Gardner 31 Long narrow cut 32 Preposition 34 Biblical archangel 36 On the affirmative side 37 Allow 38 Petty quarrel 40 Ingenious 41 Fencing sword

WEEKLY MAINTAIN

4-5-7-8

BWM ANGLE GUIDE

1-2

TAKE ONE:

Hot pairs

4

05-07-14-16

CIRCLE-A-WORD

DOWN 1 Extent 2 Assumed name 3 Girl 4 Preposition 6 Summit 7 Topographical chart 8 Pretense of bravery 9 Puts forth

BWM ANGLE GUIDE

Solution

Your Lucky Stars AQUARIUS: Life can change in an instant. If you part company with a friend, it’s probably meant to be, don’t stress. Focus on what’s working and the future, not what happened in the past. Discussions at work need a common sense approach.

PISCES: There’s a new start with work, which gives you an opportunity to broaden your knowledge base. Get ready for unexpected developments, anything can happen and probably will, but you need to watch your stress levels.

Relationships are about give and take; make sure you do your fair share of both. Where money is concerned, be determined to win.

ARIES: Before leaving a personal situation for what you think may be greener pastures, stop and reevaluate your plan of action.

True love could be right under your nose. Love and money are both highlighted as important this week, but see things as they are, not how you want them to be.

TAURUS: Take control at work.

Don’t wait for others to make life happen for you. Get real about money and start on a mission to make major changes with your savings plan. Locking lips with a sweetheart is all about timing, calculate your next move.

GEMINI: If a hectic time has depleted your energies; chill out to recharge your batteries.

Good friends will understand if you disappear off the radar for a while. Be consistent to get ahead at work. Money discussions are positive. Stay tuned for the next move in regard to work, decisions made now can change your life.

CANCER: It’s not what you say; it’s how you say it! Blurting something out to a lover can start a domestic drama. Be diplomatic for a more harmonious exchange to take place. At work, be professional instead of taking sides or playing games.

LEO: With business, there’s no time to waste. Feisty Mars is on the scene, it’s up to you to make life happen. Beware of being possessive; it can cause a love–mate to run in the other direction. If you want them back, you may need to let them go.

VIRGO: Whether it’s writing, music or art, a creative outlet will help balance your energies.

Build strong relationships for career development. Someone who understands your heart and mind holds the recipe for a perfect love–match.

LIBRA: When you rush a family member to make up his or her mind it could send them into a panic – be patient. A relationship is a two–way street, every decision you make can have an effect on someone else’s life. Set yourself a routine at work and stick to it.

SCORPIO: With the new Moon in your sign it shines magic your way. Dreams, wishes and hopes can come true now. Don’t be backward when asking for what you want. Career opportunities look favorable and you’re in the winning seat.

SAGITTARIUS: Too much self– analysis can put distance between you and another. If you’re on the verge of an ’ah–ha’ moment, share it with your nearest and dearest. Don’t let other people deal with your money matters, take control and be responsible.

CAPRICORN: Nothing is impossible! Right now you can move ahead in the direction of your dreams. Follow your heart and don’t take no for an answer.

Money matters are up for review, good news is on the way, be optimistic. Stay grounded with love.

MINDANAO

BusinessWeek

Tousrism

October 28-30, 2011

13

Grandiose and colorful HOTELS RESTAURANTS Lanzones Festival 2011 Pryce Plaza Hotel

By JOE PALABAO CORRESPONDENT

MAMBAJAO, Camiguin - Considered as the longest running fruit festival in the country today, Camiguin Province 32nd Lanzones 2011 was again celebrated with a tremendous success by all Camiguinons being witnessed by the domestic and foreign tourists. It was a grandiose and colorful tableau competition held at the Camiguin Tourism Center, where storylines of the origins of Lanzones was performed, the Diwatas clad in white dresses with wand and power fighting against the forces of evil.

It showcased a festival of colors of their costumes used by the eight (8) contingents and traditions depicted by the hues of props and mesmerizing formation and dance execution to depict the richness of Camiguin, an “Island Born of Fire,” known for its natural wonders and sweetest Lanzones-bearing trees.

The Lanzones Festival depicts Camiguin tradition, its heritage, and the abundance of Lanzones in the area.

The 32nd Lanzones Festival 2011 Street Dancing and Tableau Competition held last October 22 at the main Mambajao’s thoroughfares and at the Camiguin Tourism Center earmarked a week long festivities from October 16-23, 2011.

With the theme “KINAIYAHAN ATONG AMPINGAN, KALAMBOAN ALANG SA TANAN,” the festivities started with the grand opening ceremonies of UGMAD 2011 which showcased: AGRO-INDUSTRIAL TRADE & TOURISM FAIR, UGMAD 2011 features the best agricultural, industrial and processed products of the province.

Music and Kabog Showdown, Buahanan sa Ugmad presented also “San Miguel Beer Oktoberfest”, Harana na Kinamiguing, a cooking contest of malunggay recipes, choral and folk dance competition, kalandrakas which features traditional dances, drums circles and colorful ethnic costumes.

The Festivities also featured “Banag-Banag” dance drama presentation on nature and their native salad

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

Hotel Koresco

Pueblo de Oro Golf Course,CDO, fax. No. [088] 858-9748

tel. Nos. 858-9748 to 54, 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

& koter (coconut wine based drink) along with fruit and vegetable carving competition.

Kabuhayan cooking demo on hot and cold meals and making up beds, table skirting, cocktail wine mixing and peanut processing, kabuyayan demo on coco fiber twining and coconet making.

A pre-pass porting system and job opportunities was also showcased during the festivities, GMA Kapuso Night and the Mutya sa Buahanana Beauty Pageant 2011 (Miss Camiguin Tourism). The

Province of Camiguin under the dynamic and progressive leadership of Hon. Governor JJ Romualdo welcomes guests, domestic and foreign tourists to Camiguin, an Island of your Imagination as its offers destinations for the world of tourism to see and enjoy.

Lanzones Festival 2011 success was well coordinated by Ms. Candice Naomi L. BorromeoCamiguin Provincial Officer.

Dept. of Tourism X-Officerin-Charge Ms. Maria Elena Manalo graced the Festival together with DOT X staff.

Camiguin tourist spots revisited by DOT 10

By JOE PALABAO CORRESPONDENT

MAMBAJAO, Camiguin – The Department of Tourism (DOT X) Officer-in-charge and Tr ustee-Ms. Maria Elena O. Manalo revisited Camiguin Province tourists destinations Katibawan Falls and Ardent Spring last October 22, 2011.

The visit and assessment was done after gracing the grandiose 32nd Lanzones Festival 2011.

Katibawasan Falls, is one of Camiguin Island tourists spots which is five (5) kilometers southeast of Mambajao; displays a beautiful cascading water that falls which measures approximately 250 feet high . Down the Falls, the locales, domestic and foreign tourists and nature lovers and enthusiasts usually take a dip of its cold water and enjoy the richness of nature.

A haven for all tourists to remember and keep on coming back again and again and enjoy its amenities, century old trees, the cool breeze, the cool water. Tourists will also have a grab of their favorite souvenir items as many pasalubong stalls are present in the area.

The famous Ardent Spring was also revisited which is just six (6) kilometers southwest of Mambajao proper. The hot spa of the locality is a natural pool of about 40 degrees centigrade water coming from the bowels of Mount Hibok-hibok. Ardent Spring is one tourist spot in Camiguin that brings in thousands of domestic and foreign tourists and never miss to be visited in this Island of your Imagination. Side trips to the Old Vulcan which is 13 kilometers west of Mambajao; it has a 70 to 80 meters

drop of: Landmark of the Annual “Panaad Pilgrimage”, old Catarman Church ruins located in Barangay Bonbon, 10 kilometers from Catarman Poblacion; remnants of the 1871 Vulcan Daan Eruption and a view of the Cross Marker & Sunken Cemetery which is 16 kilometers from Catarman proper. A huge cross which was installed in 1982, a marker of a cemetery which sank in the 1871 vulcan eruption.

C a m i g u i n Hi g h l a n d Resort nestled within the seven ( 7) hectares verdant coconut and lanzones farm at Lakas, Soro-soro, Mambajao, Camiguin Island, Philippines was the official hotel of DOT X and media partners covering Lanzones Festivities and the visit. Camiguin Highland Resort with world class amenities and affordable rates is the home of government dignitaries, celebrities and foreign tourists who wish to enjoy nature and their gourmet cuisine.

At a Glance – Camiguin Island is a province teeming with natural wonders, diverse activities, affectionate folks, nostalgic scenes and romantic aura. Camiguin is a pear-shaped volcanic island lying in the Bohol Sea some 54 kilometers southeast of Chocolate Hills and 90 kilometers north of Cagayan de Oro Airport; 120 kilometers south east of Mactan International Airport and ten (10) kilometers north of Misamis Oriental. Composed of 5 municipalities, namely: Mambajao (the capital town) Catarman, Sagay, Guinsiliban, and Mahinog.

Camiguin has two other attractive islets better known as White Island and Mantique Island. Each of these has unique endowments, They

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

Red Palm Inn

are for the tourists to discover, capture and cherish.

CaAMIGUIN, THE ISLAND OF YOUR IMAGINATION.

PANEDOTTE PASTRIES

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 PANEDOTTE PASTRIES are available at Tagoloan, Misamis Oriental, just in front of the Senior Citizens Center in Tagoloan, Misamis Oriental with Tel Nos. (08822) 740-211, (088) 856-2419; Cell Phone Nos. 0917-706-2247 and 0917706-1516, or visit them at 162 M.H. del Pilar –Velez Sts., Cagayan de Oro City Available at GAISANO SUPERMART and at LUMBIA AIRPORT PRE DEPARTURE AREA

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

Miami INN

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

DINAH’S BEACH RESORT

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

Malasag Eco Tourism Villages Cugman, CDO Tel. No.855-6183 [088]309-3752

BusinessWeek

14 October 28-30, 2011

MINDANAO

My|Phone donates 3 School Houses to DEPED at the World Teachers Day DEPED celebrated the inaugural World Teacher’s Day Celebration last October 5, 2011 at the ULTRA (formerly Philsports) in Pasig with a Bang!

A strong crowd of more than 10,000 teachers, politicians, businessmen and celebrities arrived to celebrate and give respect to the teachers of the country. Celebrities Anne Curtis, Sam Milby, Sam Concepcion, Nnoy Vollante, Mike Chan, xLR8 and many more serenaded the teachers the whole morning.

Vice President Jojomar Binay was the keynote

speaker during the event and reiterated the governments support for education.

Highlight of the show was the awarding of the school houses by My|Phone thru its advocacy program My|House, My|School Teacher, My|Hero!

According to Richie S. de Quina - Vice President for Marketing and Business Development, My|Phone thru its advocacy program has committed to donate 1 School House per month for the next 5 years. A Project that will utilize its affiliate company My|House (http://www.myhouse.net.ph).

Solid Group of Companies Chairman Elena S. Lim along with DEPED Secretary Bro. Armin A. Luistro awarded 3 School Houses to Mr. Hillario P. Delabajan (Region XIII Basilio B. Chan Memorial School ), Narcisa L. Villarente (Region XI Agcawayan Elementary School), Hurley M. Cordero (Region XII Lorena Central School).

SMART SUBS DONATE TO RED CROSS VIA SMS. Smart subscribers have generated more than P600,000 in load donations via SMS in support of the Philippine Red Cross’ (PRC) humanitarian and disaster relief operations through a mobile application developed for Smart Communications, Inc. (Smart) by OksPinoy, Inc. Shown receiving the amount are (from left) PRC’s Director for Fund Generation Anacletz Bandril and Secretary-General Gwendolyn Pang from OksPinoy Project Manager Ria Comsti and Sales Manager Juanchit Jose. Smart subscribers can continue to donate any of the following load denominations - P10, P25, P50, P100, P300, P500, and P1000 to augment the PRC’s efforts in helping those affected by typhoons Pedring and Quiel. All they have to do is text RED <AMOUNT> to 4143 (e.g. RED 50) or go online and donate via the Red Cross Facebook App page HTTPS :// APPS . FACEBOOK . COM / PRCBADGE /

Lotte Xylitol brings dental health tour to Mindanao LEADING dental health gum brand Lotte Xylitol, in cooperation with the Philippine Dental Association (PDA), brought its campaign to promote good oral dental health to Mindanao school kids, particularly at Xavier University Ateneo de Cagayan de Oro Pueblo and Xavier University Ateneo de Cagayan de Oro Macasandig. Grade 3 and 4 school kids from the two campuses were treated to a day of exciting and fun activities while at the same time learned all about the 4 Habits of Maintaining Good Oral Hygiene. The kids were also shown the various characters of “Toothville,” a fully functional village protected by the superhero “Captain D.” Lotte Xylitol is a dental health gum that contains “xylitol,” a sugar-free sweetener that fights bad bacteria in the mouth and is sold and distributed in the Philippines by Lotte Confectionery Pilipinas Corp.

Dr. Joebert Agcopra, president of the Cagayan de Oro chapter of the Philippine Dental Association (PDA); Therese Reyes, Marketing Manager of Lotte Xylitol; Dr. Angelo Fernandez, Chairman of the PDA Dental Public Health (DPH) Committee; and Dr. Abby Dabba, Xavier University Ateneo de Cagayan de Oro Pueblo school dentist.

BusinessWeek MINDANAO

NEWS CAPS LRT, MRT rehab A total of P6.3 billion has been released by the Department of Budget and Management as additional funds for the “major rehabilitation” of two elevated rail lines of the Light Rail Transit (LRT) and to buy new coaches for the Metro Rail Transit (MRT) 3.

Budget and Management Secretary Florencio Abad said that MRT 3 will be given P4.5 billion, while P1.87 billion will be spent to rehabilitate LRT Lines 1 and 2.

The funds are part of the Aquino administration’s P72billion stimulus package to counter the government agencies’ underspending for most part of the year.

Import growth Singapore-based DBS sees the country’s imports growing at a slower pace of six percent this year from 26.9 percent last year due to weak global trade brought about by economic uncertainties in advanced countries led by the US. DBS said that imports would likely contract by 1.4 percent year-on-year for the month of August.

Public float rule The Philippine Stock Exchange (PSE) and Bureau of Internal Revenue (BIR) could resolve in the next few days a contentious issue relating to the tax regulator’s proposal to impose higher tax charges on stock transactions involving firms falling short of the 10-percent minimum public float rule. “There is going to be continued discussions but I think there can be a mutually acceptable solution by the end of the week,” BIR Commissioner Kim Jacinto-Henares said. She did not give specifics, saying an agreement—when reached—will be revealed at the appropriate time.

WB chief visits RP World Bank (WB) Group President Robert B. Zoellick is scheduled to arrive tomorrow and will meet with President Aquino, Finance Secretary Cesar Purisima and the rest of the government’s economic team. Over the course of his two-day visit, Zoellick will also visit a poor community and meet with representatives of civil society organizations and the private sector, the WB’s local office said.

Mining projects The Philippine Mining Development Corp. (PMDC) is looking for interested investors to jointly explore, develop and mine several limestone properties, a chromite mine, two silica mines and a perlite mine property. The PMDC, which is attached to the Department of Environment and Natural Resources (DENR), oversees the utilization and development of the country’s mineral resources.

Mindanao power supply With the business climate already dampened by renewed insurgency-related violence, Mindanao’s onand-off economic boom suffered another dampener this week as rotating brownouts worsened due to a severe drop in the island’s electricity supply.

The National Grid Corp. of the Philippines, which runs the power distribution network in the entire country, said electricity supply in Mindanao was short by 81 megawatts of electricity as of Friday, forcing several areas in Mindanao to go dark intermittently.

Coco oil exports Coconut oil exports plunged by almost half in the first nine months due to tight supply of copra in the domestic market and a slowdown in demand abroad.

Yvonne Agustin, President of the United Coconut Association of the Philippines (UCAP), said that preliminary estimates indicate that the country’s coconut oil exports fell 41.9 percent to 632,680 metric tons (MT) from January to September this year, from 1,088,701 MT a year ago.

In September this year alone, UCAP data shows that CNO exports reached only 49,689 MT, down 46 percent from last year’s 92,083 MT. Agustin attributed the decline to the tight supply of coconut in the domestic market after three years of successive good production which stressed the trees.

Malampaya consortium The Malampaya consortium has agreed to provide fuel supply for 200 compressed natural gas (CNG)run buses, a PNOC-Exploration Corp. (EC) Vice President Joseph Omar Castillo said, adding that they are set to sign a memorandum of agreement (MOA) on November 3.

The MOA will allow PNOC-EC, which is set to take over the Mamplasan CNG station, to source its natural gas requirement from the Malampaya deep water gas-to-power project in Northwest Palawan starting 2018.

LAUREL MEDIA/ALLAN MEDIANTE

Billboard

October 28-30, 2011

15

ILO, media group call for entries on P stories THE Philippines has a rich and colorful tapestry of over 110 ethno-linguistic indigenous groups scattered across the archipelago.

They comprise 10% to 15% of the population and are considered the most disadvantaged sector. They are generally located in ancestral territories and have high rates of unemployment, vulnerable employment and illiteracy.

They are said to experience a great deal of discrimination, degradation and exploitation of their resources, and face challenges in land ownership.

Sadly, the situation of indigenous peoples (IPs) is underreported or almost absent in Philippine media.

When indigenous peoples are reported on, it is often about their cultural practices and idiosyncratic ways of living.

They are always portrayed as victims of conf lict or discrimination.

In response to the need to sustain substantial reportage and build on what has been started already, the International Labour Organization (ILO) Country Office for the Philippines, in partnership with Probe Media Foundation (PMF), will recognize outstanding published and broadcasted stories on indigenous peoples in print, photo essay, radio, television and online media that dealt with topics such as their rights, laws, struggles, dreams, aspirations and continuing efforts as beneficial citizens of this country.

The recognition program entitled “Pagkilala sa mga Natatanging Kuwentong Katutubo” (Recognition of Outstanding Stories on Indigenous Peoples), is the first of its kind in the country that will highlight excellence in reportage on indigenous peoples that portrays them not only as a marginalized sector or beneficiaries but as ‘partners in development’.

This program largely focuses on success stories of indigenous communities or individuals --- how they were able to empower themselves amidst adversities and challenges as citizens of this country who usually take the back seat in the scheme of things or are lost in the stream of public consciousness.

Stor ies publ ished or aired between August 2009 and August 2011 may be submitted to Probe Media Foundation not later than 12 midnight of November 15, 2011.

Recognition shall be given to the reporter, photographer, writer or producer whose story captured the essentials of reporting on indigenous peoples. Winners will be announced on December 12, 2011. (www.ilo.org/manila, katutubomedia@gmail.com and PPI as coordinating arm for print).

Photo shows Negros Navigation-ATS Executive Vice President for Freight Business Jose Manuel Mapa (right) together with SCMAP officials headed by its president Dennis Llovido (third from left).

NN Freight, 2GO supply chain management confab AS part of its commitment to improve productivity and efficiency in its cargo business, leading shipping company Negros Navigation-ATS shared expertise with industry practitioners, the government, and the academe in the recently held Supply Chain Management of the Philippines (SCMAP) Annual Conference at EDSA Shangri-La.

M’danao youth for peace movement formed DAVAO City -- Young women leaders from diversified cultures and religions in Mindanao recently formed the Mindanao Youth for Peace Movement aiming to lead an action program for the youth sector.

The women leaders representing the youth sector from the Muslim, Christian and indigenous people’s communities from all over Mindanao, chose from among themselves their officers to compose the movement’s core group.

The formation of the MYPM was an offshoot of the Mindanao Young Women Leaders Congress held in the city last week which gathered about a hundred young women leaders from the 21 peace circle areas of the Mindanao Commission on Women.

Dyamyla D. Millona, program assistant of Davao City’s Sangguniang Kabataan Federation, shared that she joined the movement in her personal capacity to take part in the action program and to improve her leadership skills.

Twenty-year old Millona from the Maguindanao and B’Laan tribes said she has interest in listening to ideas and stories from her peers, as well as in sharing her own

stories and views on peace and development.

Victoria Cajandig, a Subanen, imparted that her participation to the movement would provide a venue to bring up her group’s concerns and to strengthen the advocacy of protecting their ancestral lands and the environment.

Cajandig leads as executive officer the Pikhumpongan Dlibon Subanen, Inc., a Pagadian City-based nongovernment organization representing the Subanen women.

MCW chair emerita and chief executive officer Irene M. Santiago said that the MYPM will implement the action program decided at the Congress which aimed at developing new generation of “innovative and ethical” young women leaders to become “change makers.”

Santiago said that as part of the preparation for the realization of the MYPM program, the women leaders will undertake skills training on how to handle and resolve any kind of conflict or dispute in their respective communities.

She cited peer-to-peer counseling and mediation to be part of the training.

She added that members of MCW’s grassroots-base

Mothers for Peace Movement have already taken the capability training on conflict handling.

Santiago urged the women leaders “to claim being third siders of Mindanao – the side of the “peacemaker, the peacekeeper and the peace builder.”

“You will claim it as a new breed of leaders: innovative, bold, creative, but more importantly, ethical,” she stated, saying that “This is what we expect you to be.”

MCW chair Margie Moran said that “This program can support their leadership abilities and civic engagement that will define the role of the youth – to make another Mindanao possible.”

“It is our hope that this conference will bring a lasting connection with the youth where women like us can mentor to enhance their competence and connection with the bigger network of women leaders,” Moran conveyed to the youth leaders at the Congress.

MCW organized the Congress on October 20-22 at the Garden Oases in Davao City. MCW is an NGO that aims to “inf luence public policy and public opinion by incorporating the women’s perspective in peace and development.”

SMART’S NEW LOOK REVEALED. At the highly successful Black Eyed Peas concert held in Pasay City recently, Filipino-American singer, education advocate and Smart Communications’ newest ambassador apl.de.ap unveiled the new look of Smart as he performed a song that he wrote specifically for Smart’s new campaign, “Callin’”. The new Smart logo reflects the evolving digital lifestyle of Filipinos. Smart’s corporate name in blue remains, but its signature rays have been replaced with eight dots in various vibrant colors, to reflect the freedom and empowerment that Smart's broader range of products and services make possible.

16

BusinessWeek

October 28-30, 2011

MINDANAO

PVB Bulilit Build-Up Savings – Securing the Future of Our Children

B

ELIEVING that it is never too early to teach kids to learn the value of saving for the future, Philippine Veterans Bank, along with ten other local banks, has launched its kiddie savings product, the Bulilit Build-Up Savings, aimed at kids up to 12 years of age.

Bulilit Build-Up Savings is a passbook savings account especially developed by Veterans Bank for children so that even at an early age, the value of saving money can be instilled in their young minds.

With just P100 pesos, a child can easily open a Bulilit BuildUp Savings account with any of the bank’s 60 branches nationwide. And what makes Bulilit Build-Up Savings more convenient is that a kid needs only one ID to open an account – either a birth certificate or a school ID. On the other hand, for kids below seven years old, the account will be intrust-for (ITF) under the name of the kid’s parent or guardian.

Moreover, to en-

Kiddie Account Program Launch Veterans Bank’s President Ricardo Balbido Jr. (standing, 3rd from right) together with other bank presidents joins BSP Governor Amando Tetangco and BMAP President Allan Tumbaga (seated, 4th and 5th respectively) in launching the Banking on Your Future Campaign last August.

courage kids to continue depositing into their account, Veterans Bank has lowered its minimum-to-earn-interest amount to just P1,000 for the Bulilit Build-Up Savings and there will be a 12-month buildup period whereby the account won’t be charged for dormancy or below-minimum fees.

With the Bulilit

Bu i l d - Up S av i ng s , the Veterans B ank hopes to do its share in teaching the youth the value of saving.

It is Veterans Bank’s commitment to the Banking on Your Future Advocacy Campaign of the Bangko Sentral ng Pilipinas (BSP), in cooperation with the Bank Marketing Association of the Philippines (BMAP).

The program was for ma l ly l au nche d last August 2011 in a kick-off ceremony at the BSP Complex with BSP Governor Amando Tetangco and the presidents of 11 pioneer banks joining the program including PVB President and CEO Ricardo A. Balbido Jr. The bank is also set to formally launch the

product in the next few couple of months with a special branchc e nt r i c m ar ke t i n g campaign in time for the Christmas season when kids are set to receive their aguinaldos or Christmas gifts.

For more information on how to open a Bulilit Build-Up Savings, please visit the nearest Veterans Bank branch in your area.

Traveling Exhibit...

(FROM P. 1) of North Cotabato, the City Government of Kidapawan, and the Notre Dame Broadcasting Corporation, the Exhibit will be on display at the DXWD Building along Daang Maharlika, Kidapawan from November 5 to 18. It will be open to the public and admission is free.

The Kidapawan leg of the PVB Traveling Exhibit will be formally opened on November 4 in simple ceremonies to be led by senior officers of the bank along with their special guests from the provincial and city governments as well as representatives from the Veterans Federation of the Philippines.

Alongside the exhibit, noted professor and World War II historian Dr. Ricardo T. Jose of the University of the Philippines Department of History will be holding a special lecture on November 3, 2011 at the Bulwagang Pag-asa, Kidapawan Central District. It is being organized in cooperation with the Department of Education – Division of Kidapawan City.

Entitled “Re-Examining World War II in the Philippines”, the event will be attended by history teachers of the different schools in the city since part of the lecture will focus on war events happening in the region.