BusinessWeek Mindanao June 27-July 3

Corrales & J.R. Rorja Streets Tel Nos. 8563239, 728421

BusinessWeek MINDANAO

Issue No. 3, Volume III • June 27-July 3, 2011

Market Indicators

as of 5:10 p.m., JUNE 24, 2011 (Friday)

FOREX

PHISIX

US$1 = P43.40

4,241.14 points

4.14 points

X

X Briefly 0.11 cents

Filinvest 200mw power plant

THE energy unit of Filinvest Development Corp. is planning to put up a 200-megawatt (MW) liquefied natural gas (LNG) power plant at the Phividec Industrial Estate in Misamis Oriental.

Triunfo P. Agustin, chairman of the board of directors of the Phividec Industrial Authority, said negotiations are being finalized for the company’s acquisition of a lot for the project within the 3,000-hectare industrial estate. The project will be undertaken

by Strong Field Gas & Electric Corp., a newly formed energy subsidiary of FDC Utilities, Inc. The $200-million power plant will be part of the $1.8-billion, 1,650-MW energy portfolio announced last May

by FDC Utilities. The investment is based on the estimated cost of building an LNG power plant at $1 million per megawatt, excluding further capital expenditures for LNG terminals.

Cebu Pac to fly CdO-Iloilo

THE Philippines’ largest national flag carrier, Cebu Pacific (PSE:CEB) holds a seat sale for its 2 newest domestic routes and Zamboanga hub from June 22 to 24, 2011 or until seats last, for travel from October 14 to November 30, 2011.

Passengers from Zamboanga to Tawi-Tawi can buy P488 seats during the seat sale, which is 25% less than the lowest year-round fare for this route. Tawi-Tawi is the airline’s 50th destination and 77th route. It will be a daily service starting October 14, utilizing an Airbus A319 aircraft.

After the seat sale, passengers can begin booking their Zamboanga – Tawi-Tawi flights for as low as P649.

P688 seats are also available for Cagayan de Oro - Iloilo, CEB’s 78th route. It is the only airline offering direct flights from Western Visayas to Northern Mindanao for the benefit of its passengers. It will be a Monday, Wednesday, Friday service starting October 14, utilizing an Airbus A319 aircraft.

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Cepalco customers to get lower power rates S

LOWER RATES. Cepalco customers will begin to enjoy lower electricity rates starting next month.

Under the newly-approved guidelines, Cepalco customers will enjoy a lower maximum average price (MAP) for 2012 (July 2011 to June 2012) at P1.2491 per kilowatt-hour (kWh) compared to the 2011 MAP of P1.5705 per

RDC-10 endorses 300mw Pulangui V power project

By MIKE BAÑOS Correspondent

THE Infrastructure and Utilities Development Committee of the Regional Development Council for Region 10 has favorably endorsed the 300 megawatt Pulangui V Hydroelectric Power Project to the full council meeting for approval subject to some

SAILING OFF TO SEA. At the break of day fisherfolks at the mouth of Odiongan River

in Gingoog sail off to the sea to pull their lines and nets that are laid overnight to catch fish. This river cuts across rural villages of Gingoog which headwaters come from the watershed areas of Misamis Oriental and Agusan del Norte. Creeks and other tributaries are draining the waters onto Odiongan River and ultimately to Gingoog Bay. photo by jun ayensa

Primavera Residences in full swing

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CM

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kWh. Cepalco’s application, covering regulatory years 2012-2015, ranges from P1.6296/kWh to P1.8138/ kWh, higher than the ERC-

approved MAP for 2012.

Just recently, the ERB also granted a lower revenue cap for Manila Electric Co., the country’s largest electric distributor.

On June 18, 2011, Cepalco filed its revenue application.

A series of public hearings conducted from July to November 2010 approved Cepalco’s revenues for 2012 to 2015 at P1.04 billion, P1.155 billion, P1.235 billion and P1.298 billion, respectively.

For each of the four years CEPALCO/PAGE 17

conditions.

“The proponent should update the project feasibility study to incorporate the revised financial and economic analysis of the project,” said Engr. Jaime H. Pacampara, head secretariat of the RDC-10 InfraCom. “All the necessary clearances from the National POWER/PAGE 17

THE CENTRAL BANK has approved a $13.3-million loan from the ExportImport Bank of Korea (Korea EXIM) to be used to buy navigation aids and train personnel for the Laguindingan International Airport in Cagayan de Oro City.

“We have approved the $13.3-million loan from Korea EXIM for the Laguindingan airport support facility supply of DoTC (Department of Transportation and Communications),” Northern Mindanao’s first eco-friendly condominium is on track Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. for completion by next year with 40% of its units already sold out. told reporters last Friday night.

For further inquiries regarding Primavera Residences, please call The 40-year loan will carry an (63) 921-4156737 or fax (63) (2) 889-9292 or email g.magadan@ annual 0.1% interest and will have italpinas.com or s.delavega@italpinas.com. a grace period of 30.5convert years, Mr. 26.5cmx4cm to path.pdf 1 6/3/11 3:38 PM ADVERTOIRIAL Tetangco said further.

PRIMAVERA/PAGE 6

M

By NELSON V. CONSTANTINO Editor-in-Chief

TARTING July this year, Cagayan Electric Power and Light Co. (Cepalco) will impose lower distribution rates to its customers following the approval by the Ernergy Regulatory Board (ERB) of Cepalco’s revenue application for the Third Regulatory Period under the performance-based regulation (PBR).

Laguindingan airport gets $13-M loan

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P10.00

Henry Sy tops Philippines’ 40 richest: Forbes Eighty-six-year-old mall magnate Henry Sy remains the richest man in the Philippines while port operator Enrique Razon Jr. joined the elite billionaires’ list this year, according to the annual listing conducted by Forbes Magazine.

The annual listing said the country’s 40 richest men are now worth a collective RICH/PAGE 17

REMITTANCE MO, KUHA AGAD DITO.

SM’s Henry Sy: $7.8-B

Tycoon Lucio Tan: $2.8-B

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2 June 27-July 3, 2011

Economy

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Editor: Nelson Constantino

NFA strengthens palay procurement drive to stabilize prices

By RUBY LEONORA R. BALISTOY

MALAYBALAY City -- The National Food Authority (NFA), here, has intensified its palay procurement drive and continued to advise farmers to sell their produce to NFA, which buys it at a higher price.

Cirilo Polinar, Provincial Manager, said NFA buys palay under the subsidized

scheme at P17.00 per kilo plus farmers’ incentive of 70 centavos (P.70) per kilo for transport, drying and cooperative development that sums up to P17.70 per kilo.

He said the prevailing palay buying prices in major trading centers in the province have so far increased to as high as P16.50 to 17.00 per kilo as local grains traders

moved to level off with the agency’s subsidized buying system.

“NFAs procurement program aims to equalize the grains supply and prices,” he also said.

Palay buying prices in Bukidnon have stabilized during the past weeks as the NFAs intensified palay procurement drive continues to

gain ground in the province.

Moreover, palay traders, he said, were forced to adjust their buying prices to compete with the rising palay deliveries in NFA buying stations.

“We have enough funds for the agency’s subsidized procurement program and intends to accommodate all palay deliveries to our buying

stations,” added Polinar.

NFA Bukidnon earlier set its procurement target at 122,000 bags this year.

“We have three (3) palay buying stations in the province located in Maramag town, Barangay Aglayan in Malaybalay, and Valencia City, which have a total capacity of 500,000 bags,” he said.

He also cited that these warehouses are located within various commercial or trading centers in the province.

“As a government entity, NFA will continue to be at the forefront of the country’s rice marketing to ensure stability in the supply and prices of its staple cereals,” Polinar said. pia-10

DAR integrates with DA, DENR under IFAD

By ARJAY S. FELICILDA

Caraga Bureau Chief

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

BILI:: June June 22 22-27, 2011 BILI - June 27, 2011

BUTUAN City - The people of Caraga Region will soon see the integration and harmonization of rural development efforts of the Department of Agrarian Reform (DAR), the Department of Agriculture (DA) and the Department of Environment and Natural Resources (DENR).

DAR 13 Regional Director Faisar Mambuay said this is the next engagement of the Agricultural Development of the United Nations (IFAD) in this part of Mindanao even as she announced the completion of the five-day visit of IFAD Design Mission for Project CONVERGE in the region.

The visit was aimed at consulting with various groups, agencies and individual, who dar/PAGE 11

beyahe : June 19 - July 31, 2011

Passage Hotline: Cagayan (088) 856-9114/856-3702 , Iligan (063) 221-9914, 2233275, Ozamiz (088) 5210768, Dipolog (065) 908-8341

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June 27-July 3, 2011

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4 June 27-July 3, 2011

Companies

ONB starts construction of 7-storey Center building ONE Network Bank (ONB), the widest rural banking network in the Philippines now with 80 branches and 106 ATMs all over Mindanao, recently held the first pouring of concrete for the construction of its 7-storey ONB Center at Km 9, Sasa, Davao City. The event started with the blessing of the construction site which was officiated by Davao City’s Most Reverend Archbishop Fernando R. Capalla, D.D. The pouring of concrete was led by ONB President Alex V. Buenaventura together with ONB Vice-Chairman Antonio P. Avelino, Board of Director Antoonb/PAGE 12

(L-R) Architect Pablito P. Labao, ONB Board of Director Antonio R. Cabreira, Jr., ONB Vice-Chairman Antonio P. Avelino, ONB President Alex V. Buenaventura and Davao City’s Most Reverend Archbishop Fernando R. Capalla, D.D. photo supplied

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BusinessWeek

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Editor: Nelson Constantino

PLDT says rival Globe should also be probed goes as far as preventing Smart and other cellular operators from installing pico cells in the Ayala malls that are needed to maintain the required grade of service within these malls,” Espinosa said.

Globe is jointly owned by Ayala Corp. and Singapore Telecommunications Ltd., PLDT’s cellular unit Smart Communications Inc. was not allowed to install indoor cell sites in Ayala malls.

The PLDT lawyer said the Department of Justice (DOJ), which was recently designated as the country’s “competition authority,” should investigate these highly irregular

PHILIPPINE Long Distance Telephone Co. (PLDT) said its rival Globe Telecom Inc. should be investigated by the Justice department for its refusal to allow other carriers to operate inside Ayala malls.

This act, according to Ray Espinosa, PLDT regulatory affairs and policy chief, clearly constitutes “combination in restraint of trade.”

“It is Globe who must explain to the government and the public why it should not be held liable for being an active party in an arrangement—exclusively in Ayala malls—which clearly constitutes combination in restraint of trade. This arrangement

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More power to

arrangements to protect the consumers.

“This evinces a clear intention to degrade the services of Smart and other cellular operators within the Ayala malls to the detriment of the public service. The Globe exclusivity in the Ayala malls falls squarely within the scope of EO [Executive Order] 45. It is time for Globe to account for its illegal arrangements,” Espinosa said.

The EO aims to protect consumers from abusive and fraudulent business practices, promote transparency and level the playing field in the market.

Meanwhile, at the hearing conducted by the National Telecommunications Commission on Thursday, Espinosa said Globe’s legal counsel has resorted to slanderous statements in describing as incompetent the witnesses of PLDT and Digital Telecommunications Philippines Inc. Espinosa said all of PLDT’s four witnesses were competent and testified truthfully.

Also, PLDT and Digitel, he said, properly presented the sale and purchase agreement, which, under rules of procedure constitutes the best evidence to establish the transaction. globe/PAGE 12

FIRST BUKIDNON ELCTRIC COOPERATIVE, INC. Anahawon, Maramag, Bukidnon

INVITATION TO BID The First Bukidnon Electric Cooperative, Inc. (FICCO), through its Bids and Awards Committee (BAC), invites interested bidders to apply for eligibility and to bid for the following schedules; Schedule 1 Project Deliverables

Contact Period

Supply, Delivery and Installation of Geographic Information System (GSIS) Software and Building of Geodatabase 1. Licensed full featured GIS Software preferably updated version of GIS. 2. Digital Licensed FIBECO Franchise Area Map with Barangay Boundaries.

3. Map Development and Facilities Survey Assistance.

4. Project Management, Consulting, Technical Supervision and Other Implementation Services for six (6) Months.

5. Technical Training on Geodatabase Development, Network Administration, and System Analysis.

One (1) Year

Interested party shall have the option to bid on any or all of the schedules stated above. Bidding will be conducted through open competitive bidding procedures using the non-discretionary “Pass / Fail” criterion as specified in the Coop Procurement Policy.

Interested party may obtain further information and purchase Bid Documents from the Office of the BAC Secretariat in the non-refundable amount prescribed therein from 9:00 AM to 4:00 PM starting June 30, 2011. Only those who have purchased the Bid Documents shall be allowed to participate the Pre-bid Conference on July 11, 2011 / 10:00 AM. Eligibility Documents, Technical Proposals, and Financial Proposal shall be properly segmented, duly marked as such, and submitted to the BAC Secretariat on or before July 21, 2011 / 10:00 AM. All bids submitted must be accompanied with a bid security in any of the acceptable forms and in the amount stated in the Bid Documents. Bid security shall be valid at least 150 days from the date of the bid opening. Price quoted must also be valid until 120 days after bidding.

FIBECO reserves the right to reject any or all proposals, to waive ay minor defects or infirmities therein, to annul the bidding process, or declare failure of bidding, or not to award the contract in any of the situations pursuant to the Coop Procurement Policy; and or to accept such bid as may be considered most advantageous to FIBECO. (SGD) ENGR. ANTONIO N. OBICE, JR. BAC Chairman

(SGD) ENGR. RENATO S. CORTEZANO

General Manager

BusinessWeek

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June 27-July 3, 2011

5

Property

6 June 27-July 3 2011

BusinessWeek mindanao

Primavera Residences in full swing Northern Mindanao’s first ecofriendly condominium is on track for completion by next year with 40% of its units already sold out.

“All 10 units on the ground floor of Tower A have been sold out and we only have two residential units left available for the third floor,” said Ma. Arabelle Solidum, Senior Product Manager for Pueblo de Oro Development Corporation, the exclusive marketing arm for Primavera Residences.

Ms. Solidum said there are only 106 residential units left for sale in Tower A, with units from the 5th to 10th floor considered premium due to the nice view of

Macajalar Bay. “The concreting of the Area 1 second floor slab started this week and we are 18% completed for Tower A construction,” said Engr. Rolly Policarpio of Prompt Managers & Construction Services, Inc. which has been contracted by Italpinas to supervise the construction of the building being done by AVP Construction.

Tower A of Primavera Residences is expected to be completed by July 2012. Meanwhile, ItalPinas is gearing up for Primavera’s Grand Launch on July 5, 2011.

Primavera Residences is a 10-storey eco-friendly two-

tower condominium rising at the Pueblo de Oro Business Park in Cagayan de Oro City. The condominium project applies state-of-the-art energy saving facilities and construction design that offers a 20% reduction in energy consumption.

Pueblo de Oro VP-GM Rodolfo L. Meñes said Primavera Residences complements the Green Initiative of the Pueblo de Oro Township, including the 40-hectare Pueblo Urban Rainforest and the electric shuttles that are serving Township residents, making Pueblo the landmark of green development in Cagayan de Oro.

Concreting of the Area 1 second floor slab of Primavera Residences.

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FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

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MisOr.Today

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Commune with nature at the Lasang

By Maricel Casino-Rivera

If your idea of paradise is a retreat to the blissful spectacle of an unspoiled nature park with magnificent ancient trees and spectacular views, the Lasang Secret Adventure Park can it make it real.

The Lasang is located in the western part of Misamis Oriental, a vibrant and progressive province in the northern coast of Mindanao.

It is a 40-minute ride away from the capital city Cagayan de Oro and just a few kilometers from the forthcoming Laguindingan airport which is currently being constructed.

The Lasang Secret Adventure allows nature lovers to explore the inner sanctum of the Initao-Libertad Nature Park, the home to century-old trees and endangered species which

Letter... from page 15

be a nurse someday. Being aware of the family’s vulnerability, Kyla knows that it was a dream impossible to become a reality.

She is the youngest of three children of Jeanifer and Manuel.

Her mother, Jeanifer is a housekeeper and her father, Manuel has just resigned as a machine operator because of illness.

In spite of the circumstances, since Manuel is not working anymore he uses his time to review his lessons in preparation for the teacher’s board exam. Kyla’s parents are very positive and are still striving for the family to make ends meet. Early in the morning, they cook viand and sell it to their neighbors.

Kyla knows well of Pantawid Pamilya and she is very thankful because the Program enables them to continue with their studies.

She has been very thankful to the

NGCP... from page 15

granted full school year educational assistance. This includes tuition fees, book and uniform allowance, and a monthly stipend. Scholarship grants for this school year amount to more than half a million pesos.

Now on its second year of implementation, the scholarship program already provided educational grants to 14 students (i.e. eight high school and six college students) last school year.

Performance of the 2010 scholars was generally satisfactory.

The scholars for both school years all come from small IP communities

include tarsiers and monkeys, monitor lizards, flying lemurs and megapodes.

R are birds are als o found in the Lasang like the imperial pigeons (bawod), native doves (alimokon), emerald doves (manatad), and serpent eagles.

One who would like to shun the dust and noise in the city may find solitude as one walks on a long stretch of boardwalk surrounded by talisay gubat trees and experience serenity amid God’s wonderful creations.

The Lasang offers a rare opportunity to commune with nature and enjoy the gentle kiss of forest breeze as one ascends the long and winding hundred-meter high staircase.

For the thrill seekers who would like to conquer their fears, they may tread along the canopy walk and touch ground through the 120-meter zip line.

If you find a city hotel unfit for corporate workshops, trainings and team building programs, the Lasang Eco-lodge is the place to be. The Provincial Government of Misamis Oriental under the watch of Gov. Oscar S. Moreno is presently constructing a restaurant with function rooms designed to cater to domestic and foreign trav-

DSWD, the government and most especially to the President because he approves for its implementation.

“I thank President Pnoy because he approves to the implementation of the Program. We are very happy because it helps us to buy notebooks, pens, papers and other school supplies we needed in school,” she joyfully cited.

Also, Kyla said that her parents are religiously complying to the set conditions of the program.

Seeing the positive attitude of her parents, Kyla is more determined to continue getting good grades. She is now aiming to get higher than the 3rd rank as what she garnered in Grade V. Observant as she was, Kyla also mentioned the need to correct the misspelled surname of her father’s birth certificate.

Being a responsible child, according to her adviser, Kyla will possibly harvest what she has planted and will reap success in the future.

Written by Ruchell L. Mula, Pantawid Pamilya, Information Officer in Barangays Pualas and Dalirig in Manolo Fortich, Bukidnon. Student applicants are screened from a list submitted by tribal chieftains of the Higaonon tribe in Barangay Pualas and the Higaonon-Talaandig tribe in Barangay Dalirig.

As part of its social responsibility initiatives, NGCP started implementing the educational grant for lumads in ancestral domains in connection with the Abaga-Kirahon-Maramag-Bunawan 230-kV Transmission Line Project in Mindanao. The project aims to strengthen the existing transmission system and ultimately ensure the stability, reliability and efficiency of power delivery service in the entire Mindanao Grid. ###

elers and corporate events.

Its close proximity to the Laguindingan Airport which is envisioned to be the northern gateway to the beautiful island of Mindanao will no doubt make Lasang a prime tourist destination.

The proposed P17.2 million Lasang Eco-lodge with a Day Spa undertaken by the provincial government includes the following facilities : 5 units of Suite rooms with balcony, 5 units of double rooms, 5 units of single rooms, 2 units of dormitory with 6 double-decker beds, lobby and reception area, a business center, administrative office, kitchen, linen and laundry areas, storage and utility rooms.

The main feature of the Lasang Eco-lodge would be the Spa where visiting tourists and guests can relax and reward themselves with a delightful moment with the traditional hilot and trained masseurs. The Spa also offers a Jacuzzi.

If you’re keen on investing in the tourism industry in Northern Mindanao, come and explore the investment potentials of the Lasang project. The stra-

tegic location of Misamis Oriental makes the province a major transport and transshipment hub in the upper half of Mindanao. Misamis Oriental and Cagayan de Oro has been a major contributor in the development of the region.

Its capital city Cagayan de Oro serves as a convergence point for commerce, education and ser vices with most of the regional line agencies, banks and financing institutions and the best colleges and universities in Mindanao are located.

The potential in the tourism industry in Misamis Oriental is at its peak as industrial development continue to gain momentum in anticipation of the s o on - to - b e - c ompl e te d Laguindingan airport.

Misamis Oriental also prides itself with superior infrastructure compared to other areas in Mindanao with good weather all year round.

Come and explore the Lasang Secret Adventure and discover the beauty of Misamis Oriental!!!

For inquiries, call the Provincial Tourism Office at (08822) 727275.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Cagayan de Oro City Branch 42 Medina, Misamis Oriental SIAM BANK (A Rural Bank), Inc., EXTRAJUDICIAL FILE NO. 346-M

Mortgagee,

FOR: EXTRAJUDICIAL FORECLOSURE

OF REAL ESTATE MORTGAGE - versus - RODULFO P. RAMOSO,

Mortgagor, SHERIFF’S NOTICE OF EXTRAJUDICIAL SALE

Upon extrajudicial petition for sale under Act 3135, as amended by Act 4118, filed by SIAM BANK (A Rural Bank) Inc., mortgagee against RODULFO P. RAMOSO, residence address located at Mendoza Ext., Puntod, Cagayan de Oro City, to satisfy the indebtedness of the mortgagor to the former in the amount of THREE HUNDRED THOUSAND (P300,000.00) PESOS as of March 15, 2011 representing principal, interest and penalties excluding 10% Attorney’s fee, cost and expenses of foreclosure and other incidental expenses, the undersigned RTC Sheriff will sell at Public Auction on July 28, 2011 at 10:00 o’clock in the morning or soon thereafter at the Hall of Justice, RTC-Branch 42, Medina, Misamis Oriental to the highest bidder for cash and in Philippine Curency, the following property with all improvements thereof to wit: ORIGINAL CERTIFICATE OF TITLE NO. P-18537 Lot No. 2366, Cad-820-D, C-6 “A parcel of land and all imrovements thereon with Lot No. 2366, Cad. 820D, Case 6, situated in the barrio of Bolisong, Municipality of Kinoguitan, province of Misamis Oriental, island of Mindanao. Bounded on the N., along lines 1-2-3 by Lot No. 2367; on the E,. along line 3-4, by Lot 2365; on the S., along line 4-5, by Lot 2351; and along lines 6-7-8-9, by Lot 2226; and along line 9-1 by Lot 2372; all of Cad-820-D, Kinoguitan Cadastre. Containing an area of ELEVEN THOUSAND FOUR HUNDRED EIGHTY ONE (11,481) square meters more or less, under Title No. 3381, declared in the name of Rodulfo P. Ramoso”

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

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

Medina, Misamis Oriental, June 13, 2011.

(SGD) ALFRAN R. MABELIN

SHERIFF IV BWM June 20, 27, July 4, 2011

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental PETITION FOR THE CANCELLATION OF DECREE NO. 756863, RE-ISSUANCE OF THE SAME DECREE & FOR ISSUANCE OF ORIGINAL CERTIFICATE OF TITLE IN THE NAME OF THE HEIRS OF FAUSTINO MANGAYAN,

MC CASE NO. 2011-978

SPOUSES ALFONSO CATARMAN & BRENDA GRACE CATARMAN,

Petitioners. x---------------------------------------------------------------------/ ORDER A verified Petition for the Cancellation of Decree No. 756863, Re-Issuance of the same Decree & for Issuance of Original Certificate of Title in the name of Heirs of Faustino Mangayan, has been filed with this Court by petitioner-spouses Alfonso Catarman & Brenda Grace Catarman, with the assistance of counsel, alleging among others, to wit: That, petitioners are of legal age, married, Filipinos and residents of 8445 Tulip St., Phase 4, Xavier Estate, Upper Carmen, Cagayan de Oro City; That, petitioners’ predecessor, Heirs of Faustino Mangayan, were approved and declared owners as early as November 29, 1933 of a certain parcel of land covered and embraced by Lot No. 12341 Cad 237, containing an area of Twenty Nine Thousand Nineteen (29,019) Square Meters, situated at Alubijid, Misamis Oriental, copy of the Lot Data and the Sketch Plan issued by the Land Management Services of the DENR, is attached as Annex “A”; That the technical descriptions of the location, area and boundaries of the foregoing parcel of land issued by the DENR, are described as follows: Lot 12337 C-14, CAD-237 HEIRS OF FAUSTINO MANGAYAN

“ A parcel of land (Lot 12337, C-14, Cad-237), situated in Alubijid, Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 10-1 by Lot 12338 along line 1-2 by Lot 12340., on the NE., along line 2-3 by Lot 12341., on the SE., along line 3-4 by Lot 12336., along lines 4-5-6 by Lot 12335., on the SW., along lines 6-7 by Lot 12331 and along lines 7-8-9-10 by Lot 12330, all Cad-237.

Beginning from a point marked “1” on plan being N., 02 deg., 46 E., 555.58 M. from BLLM No. 29, CAD-237, Cagayan Cadastre.

THENCE:

1-2 N., 73 deg., 01 E., 126.43 M

2-3 S., 78 deg., 27 E., 43.13 M

3-4 S., 22 deg., 47 W., 139.16 M

4-5 N., 68 deg., 57 W., 13.59 M

5-6 S., 22 deg., 25 W., 98.43 M

6-7 N., 75 deg., 02 W., 74.38 M

7-8 N., 12 deg., 49 E., 33.28 M

8-9 N., 36 deg., 42 W., 67.10 M

9-10 N., 22 deg., 52 W., 79.39 M

10-1 N., 84 deg., 22 E. 76.75 M Beginning; containing an area of TWENTY NINE THOUSAND NINETEEN (29,019) Square Meters more or less.

All points referred to are indicated on the plan and marked on the ground are Old Points Cyl. Con. Mons. 15x60 Cms. Date of Original Survey September 19, 1931, executed by the Chief of Party/Surveryor B. Cabading, and approved on November 29, 1933.

That, pursuant to the claim of Heirs of Faustine Mangayan, a Decree was issued under Decree No. 756863, presumably by the then Regional Trial Court of Misamis Oriental, copy of the Certification of such issuance is attached as Annex ‘C’; That the petitioners acquired portion of the above-described property by virtue of a Deed of Extra Judicial Partitionwith Sale of a portion of Land, executed by predecessor-in-interest of the Heirs of Faustino Mangayan, Heirs of Sps. Benjamin Magdugo and Cleopas Buray Magdugo namely: Wally B. Magdugo and Nelia B. Magdugo, covering an area of Three Hundered (300) Square Meters, more or less, certified true copy of which is attached as Annex “D”; That, per Real Property Historical Ownership records of the foregoing property issued by the Office of the Provincial Assessor of Misamis Oriental, it can be shown that as early as 2006, the copy of the Tax Declaration of the foregoing property was already transfered to Benjamin Magdugo, by virtue of Deed of Absolute Sale, duly notarized by then Atty. Artemio R. Uy, copy of the Real Historical Ownership is attached as Annex “E”; That, when petitioners purchased portion of the foregoing property, Benjamin Magdugo was the one declared and registered as owner under Tax Declaration no. 0818000401931, copy of which is attached as Annex “F”; That the records in the Registry of Deeds of Misamis Oriental failed to show that an Original Certificate of Title (OCT) was issued to the said land based on the aforesaid decree, per Certification issued by the Registrar of Deeds of Misamis Oriental, copy of which is attached as Annex “G”; That, likewise, the Office of the Land Registration Authority, Quezon City, certified that the copy of the foregoing Decree No. 756863, issued last September 3, 1941 “is not among the salvaged decrees on fie of its office, copy of the same is presumed to have been lost or destroyed as a consequence of the last World War”, copy of the Certification is attached as Annex “H”; That, the subject property is free from all liens and encumbrances; That, the Names and Addresses of the owners of adjoining properties as follows: LOCATION LOT NO. NAMES

ADDRESSES North 25 Victoria Gaid Laguindingan, Mis. Or. East 23 Lorna Mae Baviera Laguindingan, Mis. Or. West 28 Nellie Sumaylo Laguindingan, Mis. Or. South 27 Cleofas Magdugo Laguindingan, Mis. Or. That there exists no deeds of instruments affecting the property which have been presented for and pending registration to this date in the Office of the Registrar of Deeds of Misamis Oriental; That, in the absence of the true copy of DERCEE No. 756863 issued last August 25, 1941, presumably, like any otehr Decree issued at that time, issued by the then Court of First That, in the absence of the true copy of DECREE No. 756863 issued last September 3, 1941, presumably, like any other Decree issued at that time, issued by then Court of First Instance, Province of Misamis Oriental, Hon. Judge Ricardo Summers, as the same was lost and destroyed pursuant to the Certification marked as Annex “H”, the basis of the reconstitution of the technical description of the land applied for the cancellation, re issuance of the foregoing Decree and the eventual issuance of the foregoing title shall be the original one issued by the DENR, marked as Annex “B”, in the name of the original owners, Heirs of Faustino Mangayan.

Finding the petition to be sufficient in form and substance, the same is given due course and Order is hereby issued setting the initial hearing on August 25, 2011 at 8:30 in the morning at RTC Branch 44, Initao, Misamis Oriental at which date time and place any person may appear and show cause why the same should not be granted. Petitioners are directed to cause the posting of the said Order at the Barangay Hall of Alubijid, Misamis Oriental, at the Municipal Hall of Alubijid, Misamis Oriental, at the bulletin board of this Court and to cause the publication of this Order at least once in the Official Gazette and also once in a newspaper of general circulation, duly accredited by this Court.

Likewise, petitioners are also directed to furnish copies of the petition, the adjoining owners namely: on the North, Victoria Gaid, on the East, Lorna Mae Baviera, on the West, Nellie Sumaylo and on the South, Cleofas Magdugo and the Land Registration Authority (LRA), Manila.

The Office of Land Registration Authority (LRA), Manila is directed to submit to the Court its Comment to the above captioned petition within thirty (30) days from receipt of this Order.

Let copy of the Order together with the petition and its annexes be furnished the Office of the Register of Deeds of Misamis Oriental, the Office of the Provincial Prosecutor, the Office of the Department of Environment and Natural Resources, Land Management Bureau, Region X and the Office of Land Registration Authority (LRA), Manila.

SO ORDERED. April 14, 2011, Initao, Misamis Oriental, Philippines.

BWM June 20, 27, July 4, 2011

(SGD) DENNIS Z. ALCANTAR Acting Presiding Judge

BusinessWeek mindanao

June 27-July 3, 2011

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June 27-July 3, 2011

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Opinion Editor: Nelson Constantino

BusinessWeek

Mindanao

Battling boredom THINK a minute…

Did you ever really want something, like a promotion or new job, a good education, or a new house? But then after you got it, it got old and didn’t give you the satisfaction you expected. It wasn’t what you thought it would be, so you’re left still wanting something more. You’re bored and restless. And you wonder: “Is this really all there is to look forward to? Is this all I can expect in life?”

When you’re bored and unsatisfied there’s nothing in life that’s really worth your full energy and time. No challenge. No real purpose or passion for living. Nothing really excites you or turns you

on anymore. “It takes more and more to get less and less.”

Well, guess what? You’re normal! We human beings were made for such a high level of living and productivity that it’s easy for us to get bored. And no one knows it better than our Maker Himself. That’s why He gives us expectations and challenges that will push us to reach our full potential. Animals can be satisfied just to eat, sleep, run around a little, and call that successful living. But we humans can’t do that. We were made for much more.

This is why Jesus Christ says we can only find a full life when we give it away—by loving Him and others. We were

created to give and make a difference in the world with our own unique abilities and personality. That’s the only way we can ever be truly happy and satisfied. So it’s only logical that your Maker is the One Who can show you how to find and fill your special place in this world.

He’s the One Who can give you something to do in life that’s worth your time and abilities. Something that will make a difference in the lives of people around you.

Are you fully satisfied with your life? Do you really love how you’re living?

Today, why not ask Jesus to take full control of your life every day? He can give you a

purpose and passion for living that will enable you to win your battle with boredom.

Just think a minute…

Local ingredients better than Chinese THERE has been so much fuss on how Pilipino food ingredients can replace Chinese made food essentials which has invaded the Philippines since the global trade liberalization under the General Agreement of Tariff and Trades or GATT was conceived?

What used to be our culinary domain in the Asian hemisphere has been influenced and taken over by the Hongkong, Macau and Cantonese cuisines from oriental China?

With Chinese ingredients flooding the supermarket shelves and grocery stores in Manila, Singapore and Malaysia.

The World Trade Organization (WTO) an umbrella arm of the IMF which influenced nations to dumped protectionism and opens their country to the powerful and developed country’s exports. Trade liberalizations are economic tools of powerful countries dictated to the poorer countries to be able to dump their product. It is leverage in granting foreign loans and economic aid.

As in the case of China, they represent the most powerful country in our region. They sell everything to the Philippines not only from sewing needles but to

battleships, cars, appliances and from food to ingredients. Were Filipinos misled into patronizing sodium and mono sulfate laden food concoctions?

Sometimes in 2008, dairies, powdered milk and chocolates processed in China captured world attention and international headlines that it was treated with melamine, a paint chemical ingredient used as preservative to prolong the life span of canned food products. Melamine is also a chemical used in large dosage in embalming the dead in the funeral parlors.

Of course the Chinese government and their food exports paid a price in terms of losses and after their investigation into the incident; a Health Minister was convicted for negligence and sentenced to death by firing squad to appease the world.

That was long after the reported death of children and outbreak of kidney damage to those who have consumed the milk and the chocolates.

Look around along Ongpin Street in Binondo, Manila; Chinese vegetables passed and sold as organic are smuggled into the country have long displaced the vegetable supplies from Benguet and Bukidnon giving unfair price competition in

the market. Container load of onions and garlic reached as far as Mindanao for as long as there is a port of entry. These vegetables will finally land in many household kitchens.

We s h ou l d s e e h ow Chinese farmers in Fujian Province cultivate their vegetables fertilized with human excrete and shipped to the Philippines and other Asian countries. How onions, mushrooms, corn and animals treated with embryo culture for faster and growth propagation was recently discovered by the University of the Philippines, College of Agricultural studies as cancigenous?

Compare it to the Philippines agricultural product which must hurdle ISO Standards before we could qualify entry to Japan, Middle East and the US Mainland. Our produce passes the Hazard Analysis Critical Control Procedures or HACCP before it goes to the export market.

Under a stringent control of the international standards certification board that assures consumers of the hygienic quality of every food product.

We are a poor country that should pass in the eye of the needle before our exports and those consumed locally could be stamped of quality

assurance.

Many food essentials and delicacies in the Philippines such as Bagoong which is made in Pangasinan. Patis from Navotas and Malabon.

Mangoes, from Guimaras, Peanut Kisses and Kalamay from Bohol and the preserved Durians of Davao and Marawi City could easily fill in the vacuum of any China made product and food ingredients should we go back to trade protectionism against China in the light of Chinese aggression in the Spratly Islands?

Mu s h r o o m s , a h i g h source of protein is abundantly piddled along Alai in Mambatangan and beyond the eyes can see, the pineapple plantations and the vegetables farms of Bukidnon grows everything that we can quiamjot/PAGE 11

handling the collection of accounts shall disclose his/her full name and true identity to the card holder.

This directive covers both in-house collectors and third-party collection agents.

Put in mind, however, that you can always avoid the embarrassment of having to deal with debt payment if you contact your credit card company immediately should you find yourself having trouble paying your bills.

Try to work out a modified payment plan that would reduce your payables to a more manageable level. Do not wait until your accounts get turned over to a collecting agent.

The BSP’s Financial Consumer Affairs Group (FCAG)

advises the public to report unscrupulous collection practices and other creditcard related concerns via telephone numbers (632) 7087087 or (632) 524-7011 local 2584, fax number (632) 5258930, or e-mail address consumeraffairs@bsp.gov.ph.

Unfair Collection Practices EVER received threatening phone calls from a credit card collection agent? How about calls during the wee hours of the morning or in the middle of the night?

Worry not, the Bangko Sentral ng Pilipinas (BSP) actually has existing regulations that prohibit credit card issuers and their collection agents from engaging in unfair collection practices.

According to the BSP, credit card issuers and their collection agents should observe good faith and refrain from engaging in unscrupulous acts that would harass and humiliate the credit card holder.

In a recent public advisory, the BSP enumerated the following instances of unfair

collection practices: • The use of threat or violence or other criminal means to harm the physical person, reputation, or property of any person; • The use of obscenities, insults, or profane language which amount to a criminal act or offense under applicable laws; • Disclosure of the names of credit card holders who allegedly refuse to pay debts; • Threat to take any action that cannot legally be taken; • C ommunicating or threat to communicate to any person credit information which is known to be false, including failure to communicate that a debt is being disputed;

• Any false representation or deceptive means to collect or attempt to collect any debt or to obtain information concerning a card holder; and • Making contact at unreasonable or inconvenient times or hours which the BSP defines as “contact before 6:00 a.m. or after 10:00 p.m., unless the account is past due for more than sixty (60) days, or the card holder has given express permission (that he or she be contacted), or said times are the only reasonable or convenient opportunities for contact.”

BSP Circular No. 702, dated 15 December 2010, specifies that banks or quasibanks and their subsidiary/ affiliate credit card compa-

nies should inform their card holders of the endorsement of the collection of their account to a collection agency or agent at least seven days before the actual endorsement.

This also applies in the event of a bank or credit card company’s endorsement of a card holder’s account from one collection agency/agent to another.

The notification shall include the full name of the collection agency and its contact details, according to the BSP circular.

Banks or quasi-banks and their subsidiary/affiliate credit card companies are also directed to adopt policies and procedures to ensure that the personnel

Views/Opinion

BusinessWeek mindanao

Sugar, anyone?

(First of two series) DIABETES mellitus is a silent killer disease. In a period of ten years, covering 1986 to 1995, there was a notable increase in the number of cases, with a marked 92% rise.

Currently, there are approximately 3 million Filipinos who are diagnosed cases of Diabetes.

The World Health organization projects that by year 2030, the number will rise to 7.8 million!

The more common of the two types ( Type 1, and Type 2 ) is Type 2, which is insulin insensitive and is common among adults , with a genetic predisposition and closely linked to those patients with a family history of the disease, obesity and those persons who are hypertensive, and with high cholesterol and triglycerides levels.

Likewise, this type is likely to occur in persons who have a sedentary lifestyle and physical inactivity.

The disease may come to one’s attention usually when it has caused some damage to the different organs of the body already.

Quiamjot... from page 10

eat rather than the produce from China that our diet really do not need.

An Economic adviser of former President Gloria Macapagal Arroyo, have voiced out his suggestion in front of a televised forum with regards to the recent flash point in the Spratly Islands on how to counter Chinese aggression in the Western Philippines seas off Palawan.

Albay Gov. Joey Salceda articulated that the Philippines should boycott Chinese made products which are flooding the Pilipino market.

Of course as an economist, the governor knows what he is talking about? It is from his logic that China which is a voracious oil consuming nation in the world could be the reason and major culprit why oil prices are sky rocketing? They consumed and corner so much Middle East oil and world Coal supply to fuel their industries.

NOTICE

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

Dimapuno Ramos Datu.

BWM June 13, 20 & 27, 2011

The most common manifestations would be: frequent urination, which usually disturbs one’s sleep, thirst, weight loss, weakness and fatigue.

As the disease progresses, there may be blurring of vision, tingling or numbness of the hands, feet, and difficulty in healing or even non healing of wounds.

It is said that the occurrence of these signs and symptoms may mean that the diabetes has been there undetected and has been going on for no less than 5 years!

The mainstay in the diagnosis is the physical examination and history of the patient. Meaning, once the above signs and symptoms If Asians and the world stop buying Chinese products, their manufacturing activities will slow down and China’s appetite for oil will be lessened. Disrupt their economy and they will stop hunting for more gas and fuel reserves in the Scarborough Shoals beyond their continental shelves.

Maybe, President PNoy need not sent the World War 2nd vintage warship, the Rajah Humabon at all as a show of force? It is easier for Filipinos to stop eating Chinese noodles, Peking Duck and Chinese stir fried vegetables seasoned with oysters sauce than go to war.

Should the world stop

are present, then there is that initial impression of the disease.

This is then supported by certain laboratory examinations.

The most common and frequently requested for, is the fasting blood sugar. This is best taken after a 6 to 8 hour fast overnight. If, the test is taken once and the result is abnormal, meaning level is above the normal value (which varies from laboratory to laboratory, depending on the method used), then it would be wise to repeat the test again before labeling one as a diabetic.

However, if one is already diagnosed as a diabetic, the most important test for monitoring the glucose level, would be the Glycosylated Hemoglobin or what we call as HBA1C. The rationale for this particular test is that, glucose is attached to the hemoglobin molecule and since the lifespan of the red cells is 90 days, the result of the HBA1C is better reflective of what is truly the status of the sugar levels in the blood. patronizing Chinese products, then Beijing will be back sooner into their old bamboo curtains?

DAR...

from page 2 vidual, who are essential in coming up with developmental project designs. The sevenmember team particularly visited the municipalities of Kitcharao, Agusan del Norte; Barobo, Surigao del Sur and Bunawan, Agusan del Sur. Bunawan Mayor Edwin Elorde expressed his “million million thanks to the IFAD”, most especially for its previous NMCIREMP Program. The team was composed of IFAD Country Program Manager Youqiong Wang, Mission Team

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 20 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF File No. 2011-203

Upon Extrajudicial petition for sale under Act 3135 as amended filed

by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND - Cagayan de Oro Branch Office, a government financial institution with principal office address located at the Atrium Building, Makating Avenue, Makati, Metro Manila, against GENEROSO QUIMSON ELIGAN, of legal age, married to NIDA P. ELIGAN, with postal address at c/o Geraldine Generoso ( Daughter ) Xavier University, Corrales Ave., Cagayan de Oro City, to satisfy the mortgage indebtedness which as of April 18, 2011, amount to FIVE HUNDRED TWO THOUSAND THREE HUNDRED TWENTY & 32/100 PESOS ( Php.502,320.32 ), Philippine currency, inclusive of interest & penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at public auction on July 26, 2011, at 10:00 a.m. or soon thereafter at the main entrance of the RTC-BR. 20, Hall of Justice lobby, Hayes St., Cagayan de Oro City to the highest bidder, for CASH in Philippine Currency, the Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit: TRANSFER CERT. OF TITLE NO. T-119290

“ A PARCEL OF LAND, ( Lot 6, Block 4 of the Subd. Plan, Psd-10024063, being a portion of Lot 3047-B-1, Psd-10-022552 ) situated in the Barangay of Carmen City of Cagayan de Oro. Island of Mindanao. Bounded : SW., along line 1-2 by Lot 5; on the NW., along line 2-3 by Lot 4 both of Blk 4 of the Subd. plan; on the NE., along line 3-4 by Road Lot 4; and on the SE., along line 4-1 by Lot 8 of Blk. 4 of the Subd. plan xxx. Registered in the name of GENEROSO QUIMSON ELIGAN married to NIDA PEBIDA ELIGAN, containing an area of ONE HUNDRED FORTY SIX ( 146 ) SQUARE METERS MORE OR LESS” All sealed bids must be submitted to the undersigned on the abovestated time and date.

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

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

Cagayan de Oro City, Philippines, June 6, 2011.

(SGD) CELESTIAL VENUS G. GELBOLINGO

Sheriff IV BWM June 20, 27, July 4, 2011

June 27-July 3, 2011

11

Trees are nature’s soldiers TREES are nature’s soldiers in the war against global warming.

Mother Nature is a vindictive female. If maltreated, she will retaliate by depriving her abusers of her protective mantle. We pay a high penalty for disobedience to the laws of nature. When we cut down big trees without replacing the loss with young seedlings, this is tantamount to killing the trees. It is a heinous crime against the environment.

Last week I stood at a mountaintop in Pualas and gazed at the neighboring mountains with mournful eyes. They were bald, sad and prophetic; the result of rapacious logging. The denuded mountains prophesy a doomsday scenario for our brutalized planet. They are sending an urgent distress signal to us earthlings to save, revive and protect Mother Earth. We cannot leave it to our government or to rich nations to fight the war of climate change. Al Gore’s “An Inconvenient Truth” is our personal battle also.

It is one thing to agree, to discuss, to plan, to strategize.

It’s another thing to roll up our sleeves, get down and dirty, and to actually grasp

the muck in our immaculate hands in order to plant a tree.

The Y.M.C.A. Cagayan de Oro Chapter composed of idealistic but not-so-young men, together with the Philippine Air Force Tactical Operations Group-10, trekked to the mountains of Pualas for a tree planting activity in support of the YMCA Green Day and the World Environment Day. These YMCA and PAF tree planters proved that dirty is in their vocabulary.

The kneeling and squatting activity to grow trees for one of the balding mountains of Pualas, owned by YMCA, earned our macho men some gastronomic rewards.

The ever gallant gentleman and my husband, Jun Suan, sponsored a cholesterol-rich luncheon at our modest vacation getaway, situated also in Pualas.

Tree planting articles are written by fools like me, but only God can make a tree. We were not put on this earth just to occupy space and consume its resources. If we have nothing else to bequeath, let’s at least leave behind our little gift of fresh air and cool shade from the trees we have planted.

My ambition is to plant 10 trees for every book I own.

This translates to 5,000 trees I should plant in my lifetime.

It’s only fair because the pages of my thought-provoking “friends” are the product of trees. You may not be a book lover, but if you are a car owner you can plant a tree for every 500 liters of gasoline your car consumes. It’s only right because the toxic carbon dioxide from the fumes of your “baby” is absorbed by trees and converted into clean oxygen.

The heat is on. The challenge is thrown. We are all called to put in our share in the environmental war effort. We are helpless to stop a tsunami, but we can at least plant a tree!

Leader Michael Rayner, IFAD Country Program Officer Yolando Arban, Infrastructure Specialist Enrique Tajanlangit, Agribusiness Specialist Larry

Digal, Procurement Specialist Dulce Cacha and Gender Specialist Virginia Verora.

The integrated and harmonized DAR, DA and DENR is

expected to benefit five cluster Agrarian Reform Communities (ARCs) in the region.

--with report from dar 13 info officer joie l. ceballos

12 June 27-July 3, 2011

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BusinessWeek

mindanao

CIC’s GRAND 1ST ANNIVERSARY

Great! to be 1 was an appropriate theme choice of the Culinary Institute of Cagayan de Oro to echo the school’s achievements and aspirations on its 2-day 1st anniversary celebration held last 7-8 May 2011.

As explained by CIC Program Director, Chef Maria Lourdes Caudal, Great! to be 1, not only refers to the 1st year anniversary, unified as 1 family; but likewise alludes to the superior academic programs it offers in Culinary Arts and in Baking and Pastry Applied Science; and exalts in the fact that CIC has established a number of significant firsts; 1st Professional Culinary School in Cagayan de Oro and the whole Northern Mindanao; and the 1st Culinary School in the whole Philippines to fully integrate substantial Holistic Nutrition into its curriculum.

CIC 6th TOQUE CEREMONY of Culinary Arts-Batch

With the able leadership of Ms Elinesa E. Abamonga, CIC School Administrator, the celebration kicked-off with the 6th Toque Ceremony of Culinary Batch 7, followed with a formal dinner fellowship party at the city’s premier Business Hotel, Mallberry Suites, attended by Batches

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental PETITION FOR THE CANCELLATION OF DECREE NO. 756492, RE-ISSUANCE OF THE SAME DECREE & FOR ISSUANCE OF ORIGINAL CERTIFICATE OF TITLE IN THE NAME OF MARTIN TUMAMPOC

MC CASE NO. 2011-976 LOT NO. 12342 GLRO CAD REC. NO. 1592 CAD CASE NO. 27 CAGAYAN CADASTRE

SPS. ALFONSO CATARMAN & BRENDA GRACE CATARMAN,

Petitioners. x---------------------------------------------------------------------/ ORDER

A verified Petition for the Cancellation of Decree No. 756492, Re-Issuance of the Same Decree & for Issuance of Original Certificate of Title in the name of Martin Tumampoc, has been filed with this Court by petitioner-spouses Alfonso Catarman & Brenda Grace Catarman, with the assistance of counsel, alleging among others, to wit:

That, petitioners are of legal age, married, Filipinos and residents of 8445 Tulip St., Phase 4, Xavier Estate, Upper Carmen, Cagayan de Oro City;

That, petitioners’ predecessor, Martin Tumampoc, was the approved and declared owner, as early as November 29, 1933 of a certain parcel of land covered and embraced by Lot No. 12342 Cad 237, containing an area of Six Thousand Three Hundred Nine (6,309) Square Meters, situated at Alubijid, Misamis Oriental, copies of the Lot Data and the Sketch Plan issued by the Land Management Services of the DENR, are attached as Annex “A”;

That the techincal description of the location, area and boundaries of the foregoing parcel of land issued by the DENR, are described as follows: Lot 12342 C-14, CAD-237 MARTIN TUMAMPOC

“ A parcel of land (Lot 12342, C-14, Cad-237), situated in the Alubijid, Misamis Oriental, Island of Mindanao. Bounded on the NE, along line 5-1 by Lot 12347 along line 1-2 by Lot 12346., on the SE., along line 2-3

by Lot 12344., on the SW., along line 3-4 by Lot 12343., on the NW., along line 4-5 by lot 12341 all of CAD-237, Cagayan Cadastre.

Beginning from a point marked “1” on plan being N., 06 deg., 32 W., 599.97 M. from B.L.L.M. No. 30, CAD-237, Cagayan Cadastre.

THENCE:

1-2 S., 62 deg., 39 E., 102.58 M

2-3 S., 31 deg., 06 W., 55.18 M

3-4 N., 62 deg., 54 W., 113.26 M

4-5 N., 29 deg., 25 E., 55.84 M

5-1 S., 61 deg., 31 E. 12.36 M

Beginning; containing an area of SIX THOUSAND THREE HUNDRED NINE (6,309) Square Meters more or less. All points refferred to are indicated on the plan and marked on the ground are Old Points Cyl. Con. Mons.

15x60 Cms. Date of Original Survey September 19, 1931, executed by the Chief of Party/Surveryor B. Cabading, and approved on November 29, 1933.

That pursuant to the claim of Martin Tumampoc, a Decree was issued under Decree No. 756492, presumably by the then Regional Trial Court of Misamis Oriental, copy of the Certification of such issuance is hereby attached as Annex ‘C’;

That the petitioners acquired portion of the above-described property by virtue of a Deed of Absolute Sale of a Parcel of Land, executed by predecessor-in-interest of Martin Tumampoc, a certain Isidra Tumampoc, covering an area of Three Hundered (300) Square Meters, more or less, a certified true copy of which is hereto attached as Annex ‘D’;

That per Real Property Historical Ownership records of the foregoing property issued by the Office of the Provincial Assessor of Misamis Oriental, it can be shown that as early as 1987, the copy of the Tax Declaration Number of the foregoing property was already transfered to IsidraTumampoc, by virtue of the Extra-judicial Partition notarized by then Atty. Admiral Labis, copy of the Real Property Historical Ownership is attached as Annex ‘E’;

That likewise, when petitioners purchased portion of the foregoing property, Isidra Tumampoc was the declared and registered as owner under Tax Declaration No. 08-18-0004-01736, copy of which is attached as Annex ‘F’;

That the records in the Registry of Deeds of Misamis Oriental failed to show that an Original Certificate of Title (OCT) was issued to the said land based on the aforesaid Decree, per Certification issued by the Registrar of Deeds of Misamis Oriental, copy of which is attached as Annex ‘G’; That, likewise, the Office of the Land Registration Authority, Quezon City, certified that the copy of the foregoing Decree No. 756492, issued last August 26, 1941 “is not among the salvaged decrees on file of its office, the copy of the same is presumed to have been lost or destroyed as a consequence of the last World War”, copy of the Certification is attached as Annex ‘H’;

That, the subject property is free from all liens and encumbrances of any kind whatsoever;

That, the NAMES and ADDRESSES of the owners of adjoining properties as follows, to wit:

NORTH : Lot # 12, 13

Benedicto Bajoy and Pedro Labadan

Laguindingan, Misamis Oriental

EAST : Lot # 27

Isidra Tomampoc, Kibaghot, Laguindingan Misamis Oriental

WEST : Lot # 26

Tirso Lomongo, Laguindingan, Misamis Oriental

SOUTH : Lot # 30

Macario Lomongo, Laguindingan, Misamis Oriental

That there exists no deeds nor instruments affecting the property which have been presented for and pending registration to this date in the office of the Registrar of Deeds of Misamis Oriental;

That, in the absence of the true copy of DECREE No. 756492 issued last August 25, 1941, presumably, like any other decree issued at that time, issued by the then Court of First Instance, Province of Misamis Oriental, Hon. Judge Ricardo Summers, as the same was lost and destroyed pursuant to the Certification marked as Annex ‘H’, the basis of the reconstitution of the technical decription of the land herein applied for the cancellation, reissuance of the foregoing Decree and the eventual issuance of the foregoing title shall be the original one issued by the DENR, marked as Annex ‘B’ in the name of the original owner Martin Tumampoc

Finding the petition to be sufficient in form and substance, the same is given due course and Order is hereby issued setting the initial hearing on August 25, 2011 at 8:30 in the morning at RTC Branch 44, Initao, Misamis Oriental at which date time and place any person may appear and show cause why the same should not be granted.

Petitioners are directed to cause the posting of the said Order at the Barangay Hall of Kibaghot, Laguindingan, Misamis Oriental, at the Municipal Hall of Laguindingan, Misamis Oriental, at the bulletin board of this Court and to cause the publication of this Order at least once in the Official Gazette and also once a week in a newspaper of general circulation, duly accredited by this Court.

The Office of Land Registration Authority (LRA), Manila is directed to submit to the Court its Comment to the above captioned petition within thirty (30) days from reciept of this Order.

Let copy of the Order together with the petition and its annexes be furnished the Office of the Register of Deeds of Misamis Oriental, the Office of the Provincial Prosecutor, the Office of the Department of Environment and Natural Resources, Land Management Bureau, Region X and the Office of Land Registration Authority (LRA), Manila.

SO ORDERED. April 14, 2011, Initao, Misamis Oriental, Philippines.

BWM June 20, 27, July 4, 2011

(SGD) DENNIS Z. ALCANTAR Acting Presiding Judge

1-8 CIC student chefs (now numbering 140-man strong) who gamely did entertaining batch presentations. The affair was highlighted with the giving-out of plaques and certificates of recognition to CIC’s “jewels”: its highly valued Manila and CDO chefs, its professional troop of school officials and staff and its promising set of student chefs who received high commendation from their respective On-The-Job training establishments for their skills and discipline during this industry immersion and who further are loyal and dedicated to CIC’s vision.

The 2 day anniversary celebration culminated the next day with a motorcade around the city leading to SM Cagayan de Oro. Ms Restie Garcia, CIC Marketing and Promotions Officer, shares that SM

Notice NOTICE is hereby given that the intestate estate of the late BARTOLOME ABALES who died at Bugo, Cagayan de Oro City left a parcel of land described as Lot No. 19682-d Psd-10000591, situated at Bugo, Cagayan de Oro City containing an area of 282 sq.m. more or less with TCT no.

T-24344 is under ExtraJudicial Settlement of the Estate of Bartolome Abales with Deed of Sale to Jerome Canonigo of Bugo, Cagayan de Oro City for in consideration of P20,000.00 under Notary Public Atty. Maneul A. Akut as per Doc. No. XXX, page no. XX, Book No. XXX, Series of 2011.

BWM June 13, 20 & 27, 2011

expressed keen interest to support CIC programs and invited the school to undertake its anniversary inside the activity center coinciding with the worldwide celebration of Mother’s day by conducting an impressive Food Demonstration by no other than CIC’s celebrity chef, Chef Hasset Go witnessed and participated by SM patrons and visitors.

As the Institute moves onto its second year, CIC, the first Culinary School in Northern Mindanao is abuzz with activities. According to Ms Carla Helario, the School Registrar, The First Graduation Rites of home-grown Chefs will take place on July 2, 2011. These pioneering Batches 1 and 2 earn the distinction of being the first professional Chefs in Northern Mindanao.

The following day, July 3, there will be a blessing of 2 new kitchen laboratories and recently renovated facilities to accommodate Culinary Institute of Cagayan de Oro’s growing population. At the same time this is an occasion to launch the new course, Applied Science in Baking and Pastry Arts to all interested parties. Everyone is welcome to attend. CIC personable chef instructors will be there to entertain you!

On July 9, the school will have its 8th Toque Ceremony for Batch 9 students. The 5th batch of Culinary Arts with Holistic Nutrition will on the other hand

ONB... from page 4

R. Cabreira, Jr., and Architect Pablito P. Labao. ONB Group Heads Romulo Guererro and Dario Magnaye, Engr.

Loreto Dalangin,VI ONB Civil Works Department Head and Engr. Raymundo P. Pronda of D.M. Consunji, Inc. (DMCI) also took part in the ceremony.

This new multi-storey corporate center is currently under construction by DMCI, known today as the country’s prime “Builder of Landmarks” and pioneer of advanced engineering technology application in Philippine construction. This future Davao City landmark is a

CIC Student Chefs Batch 1-3 with Chef Hasset Go

Chef Hasset Go during Mother’s Day Special Demo at SM City Mall, assisted by Student Chefs from Batch 1, 2 & 3.

have their Grand Buffet on July 23, at 6 pm. This is the culminating activity of the extensive 8 month culinary program, an affair to showcase their prowess as they move on to the next level which is their OJT. Finally, to celebrate the Nutrition month, also on July 23, Saturday, CIC is offering, “Healthy cooking around the world”, featuring senior chef instructor Chef Ziggy Segunial. This will be a cooking demo featuring 7 nutritious dishes from 7 continents. For

more information, visit us at, 3rd Floor, Legacy Building, A. Luna St.Cagayan de Oro City.

This is just across the Professional Regulations Commission. Legacy building houses the Fiesta Gas and Legacy Printing Press on the ground floor. Or contact our marketing department at 309-3319.

(08822) 72-72-48. 0939-2588882. 0926-676-5989 telefax (08822) 72-72-48 With all these activities in store, for CIC, it is truly Great! to be 1!

product of collaborative efforts of the country’s leading building consultants in structural, electro-mechanical and sanitary engineering as well as in interior design.

Due to be completed on March 2012, this P 117.4M structure, with its 9,670 square meters of space, will unite and be home to all of the 300 ONB Head Office employees - a move towards streamlining the Bank’s branch support system in its vision of being the primary provider of modern banking services to Mindanao’s countryside. ONB Center will also house state-of-the-art training facilities for the officers and staff of the Bank. - suey asuncion

Globe... from page 4

“This was not controverted or objected to by Globe. What Globe’s legal counsel wanted was for the witnesses to testify on matters not covered by their respective direct examinations.

This is prohibited and barred by the rules of procedure. When PLDT’s and Digitel’s legal counsel rightly and correctly objected to his questions based on the rules of procedure, Globe’s legal counsel branded them incompetent. That was unfair and below the belt. This black tactic only shows the sheer desperation of Globe,” Espinosa said.

PLDT and Digitel are seeking the NTC’s approval for the transaction valued at P69.2 billion.

Notice

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

NOTICE is hereby given that the intestate estate of the late JOSIE V. COÑALES who both died intestate at Sinayawan, Valencia City, Bukidnon, on December 10, 2009 left a parcel of land described as Lot 12, Block 2, Pcs-10001537, situated in Alae, Manolo Fortich, Bukidnon containing an area of 129 sq.m covered by TRANSFER CERTIFICATE OF TITLE NO. T-101139, issued by the Registry of Deeds for the Province of Bukidnon, and Tax Declaration No. 0215-31724 for in consideration of P140,000.00 under Notary Public Atty. Juliano C. Lavisores as per Doc. No. 153, Page No. 32, Book No. 97, Series of 2011.

BWM June 20, 27, July 4, 2011

BusinessWeek

June 27-July 3, 2011

mindanao

Completion/Continuation of Cagayan de Oro Third Bridge and Access Road The project: Completion/ Continuation of Cagayan de Oro Third Bridge and Access Road has severa l phases.

The bridge proper with a length of 352 LM had been completed and the ongoing works focus on the construction of access road and coastal road.

The majority of the phases of the project ( Phase I – VIII ) started in 1997 and are already completed.

Presently, Phase IX is ongoing with the works focused on the road concreting of Bayabas Section-West Bound TerminalIponan Bridge III Junction, Ig pit, Opol, Nat iona l road; road concreting a long barangays Kauswagan and Bayabas, and graveling of coastal

13

CAGAYAN DE ORO THIRD BRIDGE

roads along barangays Lapasan a nd Gu sa . T he ongoing road conc re t i ng ha s a total length of 14.423 kms. and a tot a l c os t of P642,824,622.51.

Aside from the road works, the construction of Ip on a n Br id ge III was completed with a length of 80.0 0 L .M. and a cost of P 187,939,433.69.

As of press t i me, Phase I X has an actual accomplishment of 94.850% with a positive slippage of 0.060 %.

To c o m p l e t e the entire proj-

ec t, t h is of f ice has still an immediate need of P 300,000,000.00 for the payment of Road-Right-of Way (RROW) acquisit ion a long L apasa n to t he Nationa l Highways of Ig pit, O pol, M is a m is Or ienta l. A n-

IGPIT, OPOL,MIS. OR. SECTION

other needed release to complete the project is the P200,000,000.00 for Phase X that w i l l focus on t h e a d d it ion a l construction of 620 l i nea r meter Coastal Road a long Barangay Gusa w it hout Aggregate Base

Course and Portland Concrete Cement Pavement (PCCP) and the construction of Kulambog Bridge along Kulambog, Lapasan, this City. When funding will be available, works identified for Phase X will be started

Junction of J.R. Borja Extension and Gusa National Highway, the Rotonda at Barangay Puntod, t he construction of Bitan-ag Creek at Barangay Lapasan and the payment of RoadR i g h t o f Wa y (P50,000,000.00).

LAPASAN SECTION

this year.

A s p r o grammed, by CY 2 012 t he work will focus at Phase XI with a needed release of P355,000,000.00.

It will be centred on the completion of t he Cagayan de Oro Coasta l By-pass Road by work ing on the

When completed, this huge project will be an enormous help to the travelling public along ButuanCagaya n-I l iga n Road (BCIR) by having a smooth sailing travel since heav y-loaded trucks will be rerouted to avoid traffic congestion.

14 June 27-July 3, 2011

Aggie News

BusinessWeek

mindanao

DA 10 strongly campaigns for Good Animal Husbandry Practices (GAHP) Cagayan de Oro City--The creation and the formulation of the Code of Good Animal Husbandry Practices by the Bureau of Agriculture and Fisheries Product Standards (BAFPS) has become the basis of the Department of Agriculture Regional Field Unit 10 to intensely campaign for these standards all over the region.

Recently the Department of Agriculture Regional Field Unit 10 through the Agribusiness and Marketing Assistance Division (AMAD) conducted an awareness seminar on Good Animal Husbandry Practices based on the Code. This aims to introduce and shed light on the given set of quality standards for the guidance of the stakeholders.

Good Animal Husbandry Practices (GAHP) sets out general principles and minimum requirements in the commercial or backyard rearing or farming of animals for food use. Its main objective is to ensure that the farming practices of the establishment provide greater confidence in the consumers’ expectations that the final products are safe and fit for human consumption while ensuring health safety and comfort to both the farm workers and the animals, without any degradation to the environment.

Additionally GAHP’s certification objectives enumerates five main goals; first is to increase the market access of animal products both in the local and foreign markets, second is to empower farmers to respond to the demands of consumers that specific criteria in the trade of goods to achieve food safety and quality

be met, third is to facilitate farmer adoption of sustainable agricultural practices, fourth is to enable consumers exercise the option of buying quality meat and meat products from traceable and certified sources and lastly to facilitate disease control program.

Because of some forces driving demand for food safety GAHP certification is encouraged by the department.

Driving forces for food safety varies from consumer lifestyles to increased global trade and free trade as well as government policies touching on food safety and hygiene laws to promote and protect the health of the population. The demand for quality and food safety systems will eventually lead businesses in the supply chain back to the farmer to implement quality and food safety systems. All consumers expect protection from hazards accruing along the entire food chain from primary producer to the consumer, this is often described as the farm to table continuum. Protection expected by consumers will only happen if these minimum requirements set out in the standard of Good Animal Husbandry Practices are complied by animal and backyard raisers of animals for food consumption.

The application for certification of GAHP however is voluntary and this is for free; for those stakeholders who are interested to be certified as GAHP compliant, criteria for compliance are the following; 1.compliance to Good Animal Husbandry Practices ( GAHP) as set out by the standards created by BAFPS; 2. Implementa-

tion of biosecurity measures and transparent and traceable systems; 3.documentation of farm management at least two (2) years of farm records and if in case new farms are applying at least 6 months of farm records. The GAHP certificate shall be valid for 2 years upon issuance , however initial certificate issued shall be good for one (1) year. Renewal of the certificate shall be done one (1) month prior to the expiration of the certificate. Upon the receipt of the renewal request an inspection shall be done within thirty (30) days.

Interested applicants may send their letter of intent requesting certification addressed to the Regional Executive Director of the Department of Agriculture and the agency will then endorse the said letter to BAFPS central office for further action.

The GAHP awareness seminar was attended by provincial and city veterinarians and their representatives including our city agricultural officers

and provincial agricultural officers, animal and livestock raisers and poultry integrators as well as officers of local government units attached agencies of DA and representatives of the academe.

It was completed by the panel of lecturers and experts coming from the Bureau of Agriculture and Fisheries Product Standards, Bureau of Animal Industry and National Meat Inspection Service, all from the Central Offices.

The lecturers are: Dr. Alpha P. Mateo- BAFPS Science Research Specialist II; Dr. Angel Antonio B. Mateo, BAI-Animal Welfare Division- OIC Chief; Dr. Rubina O. Cresencio, BAI- Livestock Development Division- Division Chief; Engr. Reymer G. Martinez, BAI-Research Development- Engineer II and Dr. Ma. Elizabeth P. Callanta, NMIS- Supervising Meat Control Officer. suzy may roa-fabular

Awareness Seminar on the Code of Practice of Good Animal Husbandry attended by Provincial and City Vets, Provincial and City Agricultural Officers, Private Poultry Integrators, Animal Livestock Raisers, Local Government Unit Officers, and Representatives from the Academe posed with the panel of lecturers and organizers from DA RFU 10 Agribusiness & Marketing Assistance Division (AMAD).

GAHP Awareness Seminar: L-R: Dr. Rubina O. Cresencio BAI- Livestock Devpt DivisionChief; Engr. Roxana H. Hojas DA-10 Regional Technical Director; Dr. Angel Antonio B. Mateo- BAI Animal Welfare Division- OICChief and Dr. Ma. Elizabeth P. Callanta- NMIS Supervising Meat Control Officer.

Experts of GAHP: L-R: Dr. Rubina O. Cresencio and Dr. Angel Antonio B. Mateo both from Bureau of Animal Industry. Dra. Cresencio discussed on the Code of Practice on Good Animal Husbandry while Dr. Mateo discussed on Animal Welfare.

Animal Health and Food Safety Relevance and Environmental updates related to Livestock Practices explained clearly by (L): Dra. Ma. Elizabeth D. Callanta from NMIS and Engr.

Reymer G. Martinez from Bureau of Animal Industry respectively.

Kaya ng Pinoy Tumawid sa Kaunlaran!

(Mahimo sa Pinoy Motabok sa Kalambuan!)

Usa sa mga target nga benepisyaryo sa Pantawid Pamilyang Pilipino Program o Pantawid Pamilya mao ang atong mga Lumad. Dinhi sa Rehiyon - 10, ang DSWD aduna nay narehistro nga 23,934 ka mga banay nga Lumad sama sa Umayanon, Higaonon, Karay-a, Pulangihon, Manobo, Dunggoanon, Nitibo, Matigsalog, Tigwahanon, Talaandig sa Bukidnon ug Subanen, Badjao, Maguindanao, Iranon, Umayanon, Higaonon, Tausog, Sulog sa Lanao del Norte, Misamis Occidental ug Misamis Oriental.

Wala nahuman ug eskwela bisan sa elementarya si Rosie ug ang iyang bana, apan dako ang ilang paghatag ug importansiya sa edukasyon mao nga ang ilang mga anak ilang gipatungha sa eskwelahan. Dako ang ilang paglaum para sa ilang mga anak. Karon nga sila naapil sa Pantawid Pamilya, ilang nabati ang importansiya nga gihatag sa Gobyerno. Tungod sa programa dili na sila maulaw ug pakigtambayayong sa uban hilabi na sa Family Development Session nga ilang tambungan kada bulan. Diin sila gitudluan sa mga responsibilidad isip ginikanan, sakto nga pagdisiplina sa ilang mga anak, mga katungod sa mga kabataan ug uban pang hisgutanan nga makapalambo sa ilang banay.

“Salamat kaayo sa atong Gobyerno sa pagpakabana kanamo nga mga Lumad!” malipayon nga bungat ni Rosie.

Para sa dugang kasayuran, tawag sa: Department of Social Welfare and Development Field Office X Masterson Avenue, Upper Carmen, Cagayan de Oro City (088) 858 – 6333 / 72 – 6394 / 858 – 8134 / Email: fo10@dswd.gov.ph Website: www.fo10.dswd.gov.ph

Si Rosie Samay usa ka manobo, malipayon nga nahimong benepisyaryo sa Pantawid Pamilya. Siya adunay lima ka anak ug taga Kitaotao, Bukidnon

BusinessWeek mindanao

Miscellany

June 27-July 3, 2011

15

Nokia shows its new strategy in action Business Bits Caraga l Launches three new Series 40 mobile phones with advanced browser and maps l Pinpoints July as start date for Symbian Anna delivery l Plans up to 10 new Symbian smartphones over next 12 months l Unveils Nokia N9 smartphone l Announces continued support for Qt as part of ‘next billion’ strategy Singapore – Today, at an event phen Elop, president and CEO of webcast around the world, Nokia Nokia. “Innovation is at the heart CEO Stephen Elop demonstrated of our strategy, and today we took how the company is making signif- important steps to demonstrate a icant progress on the new strategy new pace of innovation at Nokia. it laid out earlier this year. From It’s the beginning of a new era for smartphones to mobile phones, Nokia.” from services to user interface In mobile phones, Nokia design, and from improved device introduced three new affordable experiences to developer tools, devices – the Nokia C2-02, Nokia Nokia outlined concrete actions C2-03 and Nokia C2-06. The portfor growth and taking leadership folio includes dual and single SIM across the board. options, and all three models offer “Earlier this year, we outlined a new, advanced web and maps a comprehensive strategy to experience for Series 40 phone change our course,” said Ste- users, as well as the choice of a

touch screen or a keypad.

Nokia also restated its commitment to Symbian. This July, Nokia will start shipping Nokia N8s, E7s, C7s and C6-01s with the new Symbian Anna software update, which includes a number of user experience improvements.

By the end of August, existing owners of these devices can also download Symbian Anna.

And over the next 12 months Nokia plans to bring up to 10 new Symbian-based smartphones to market.

Nokia also revealed its latest smartphone: the Nokia N9, an all-screen device with three home views and a new user interface navigated through a simple swipe of the finger. The Nokia N9 comes in a polycarbonate design that enables superior antenna performance for better reception, better

voice quality and fewer dropped calls; and a smarter all-round experience with NFC for sharing and pairing to accessories. The Nokia N9 will drive new innovation in the consumer experience, and inspire developers to build more powerful Qt applications.

The Qt framework is at the core of Nokia’s existing smartphone product line, and today there are more than 100 million Nokia Qt devices worldwide. Ovi Store consumers are downloading an increasing number of Qt applications, including in high-growth markets like Asia-Pacific. Tapping into this trend, Nokia will make Qt core to building applications that connect the next billion users to the internet. For Qt developers, this will mean a dramatic increase in reach and opportunity during the coming years.

Globe unveils 4G product lineup Globe Telecom launched a suite of multimedia devices and services that allow subscribers to enjoy its 4G mobile technology using the global standard HSPA+.

“Only a few weeks after announcing the commercial rollout of our 4G network, we are excited to announce our initial lineup of 4G offers. Today, we are introducing a very diverse product portfolio best enjoyed via Globe 4G, from devices, handsets to applications,” said Peter Bithos, Globe Senior Advisor for Consumer Business.

Globe introduced the revolutionary Tattoo Tonino Lamborghini, the fastest mobile broadband stick available in the market today which provides subscribers with internet speeds of up to 10 Mbps, or 5x than regular broadband dongles. Under Tattoo’s newest postpaid plan, the Tattoo Tonino

Lamborghini is available for only P2,199 monthly. Using the device, subscribers can enjoy surfall-you-want, high speed mobile broadband access powered by the country’s first and biggest 4G network.

Globe is also the first operator to bring the first-ever 4G-enabled mobile phone to the country, the Samsung GALAXY S II. Samsung GALAXY S II is the perfect handset which enables users to take advantage of the HSPA+ technology and enjoy mobile internet of up to 6 Mbps. The powerful device dons a massive 4.3” SuperAMOLED capacitive touchscreen display delivering superior color, enhanced readability, contrast ratio and screen sharpness.

Powered by Android 2.3 Gingerbread and a 1.2 GHz dual-core processor for fast web

browsing, seamless multi-tasking, and superior graphics, users experience PC-like browsing in the palm of their hands with the ultra-slim 8.49mm form factor, a luxurious design and an easy grip.

It comes equipped with an 8MP rear camera that also takes full 1080p HD video recording.

Touted as the next generation smartphone and the next step in the evolution of mobile communication, Samsung Galaxy S II is exclusively available to Globe subscribers for free under My SuperSurf Plan 3799 starting June 27.

Completing the 4G portfolio is the Video Message Service (VMS), the newest and one of the most interactive media channels for mobile phone users best enjoyed under the 4G network and the Samsung Galaxy S II device. Through VMS, users can

create, view, upload, share, send and receive video content through their mobile phones. It also allows users to connect with their favorite celebrities by following their video blogs and music videos, watching their video clips, or being updated with the latest happenings and events through partnership with GMA New Media. As a special treat, VMS be will available for free to My SuperSurf Plan subscribers until July 31.

Bithos added, “Complementing the launch of our offers is the aggressive expansion of our 4G HSPA+ sites, which will benefit more subscribers in the coming months.” To date, commercial deployment of HSPA+ has doubled, with presence now available in Mandaluyong, Navotas, Caloocan and Valenzuela.

To know more about the offers, visit www.globe.com.ph.

Arjay Serafin Felicilda Caraga Bureau Chief in cooperation with PIA 13

Solon calls for metallic ore export ban SURIGAO del Norte Rep. Francisco Matugas has filed House Bill 4808 banning the export of iron, nickel, chromite, manganese and other strategic metallic ores from his district and other areas in the country. He said instead of bringing such types of products out of the country, the government should promote the development of mineral processing plants in the localities. Rep. Matugas finds this to answer the clamor of the people to maximize the use of the resources in the mineral – rich provinces like Surigao del Norte.

GSIS benefits gainfully employed surviving spouses SURVIVING spouses of members and pensioners of the Government Service Insurance System (GSIS) can now receive their monthly pension benefits even if they are gainfully employed and receiving income. This was announced by Corporate Services Officer II Ammor Taccad of the GSIS Public Relations Office during the information officers’ forum in Butuan City. She also said the GSIS is also beginning to treat applications for funeral benefit, as a constructive notice for survivorship pension.

New RDC chair Matugas vows to take challenge SURIGAO del Norte Governor Sol Matugas, who now chairs the Regional Development Council (RDC) for Region 10, said she is facing the challenge with the hope and faith that something good will come out of a strong RDC alliance. She stressed that as the new RDC chair, it’s worth saying that the Council members need each other’s mind and heart to pursue the supplemental task in building an economically-strong and progressive Caraga Region, which is dubbed as the poorest, even poorer as the Autonomous Regional for Muslim Mindanao (ARMM).

Ecosec speaks on agri-tourism ECONOMIC Planning Secretary Cayetano Paderanga said that Caraga Region, which he calls as Northeastern Mindanao Region, will be the key area for the Philippine Tourism Plan. He further said officials of the region must consider to exploit the agri-potential of the area.

He, likewise, called on RDC members to make sure that mining will become a responsible part of the development process in the area to make it sustainable. Sec. Paderanga also enjoined the national and local government units to join hands to get infra investments and realize infra interventions that the Caraga Region needs.

NGCP’s scholarship program for indigenous people now on its 2nd year Power transmission service provider National Grid Corporation of the Philippines (NGCP) is sending 15 young indigenous people (IP) to school this year as part of its advocacy for education even in the remotest barangays in the country.

Through NGCP’s Bulig Ki Agulanga (Tulong Para kay Ate/ Kuya) Program in Mindanao, nine high school and six college students from indigenous communities in Bukidnon will be ngcp/PAGE 8

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte

Indigenous people (IP) grantees of NGCP’s scholarship program hold their “Bulig Ki Agulanga” (Tulong Para kay Ate/Kuya) contracts.

11-year-old girl Writes a Letter to the President Kolambugan, Lanao del Norte – An eleven year old and a Grade VI pupil of Riverside Elementary School, Kyla Jane D. Adayo writes a letter to President Benigno Simeon Aquino III of her simple wish, hoping it will reach the President.

Below is her captured photo shot written letter.

Kyla is dreaming to be a nurse in the future. Since her parents lack financial support, she asked the President in her letter to grant her scholarship benefits in

Kyla Jane D. Adayo

college.

Her will to take care of her family and help other poor families made her to dream letter/PAGE 8

DENIECE PERLIE ATES TUPPAL, SPL. Proc. No. 240-07-2011 (i)

Petitioner.

versus THE LOCAL CIVIL REGISTRAR OF For: Correction of Entry KOLAMBUGAN, LANAO DEL NORTE,

Respondent X -------------------------------------------- / ORDER

A verified petition for correction of entries in the Certificate of Live Birth of DENIECE PERLIE ATES TUPPAL was filed before this Court on May 26, 2011 by the herein petitioner, praying among others that after notice, publication and hearing, an Order be issued directing the Respondent to effect the corrections sought for.

Petitioner alleges that she is of legal age, Filipino, and a resident of Barangay Caromatan, Kolambugan, Lanao del Norte. She was born on January 2, 1990 at Barangay Caromatan, Kolambugan, Lanao del Norte. Her said birth was duly registered at the Respondent’s office as evidenced by her Birth Certificate. However, under the entry of her “sex”, the one entered is “MALE” instead of “FEMALE”, her true and correct sex and under the entry of her Mother’s surname which is supposed to be ‘PERPETUA’, the one entered is ‘PERPE UA’, the letter ‘T’ was omitted in her surname ‘PERPETUA’. Such erroneous entries may have inadvertently done by the one who entered the facts of her birth. She had not undergone sex transplant neither she intends to submit for medical operation to change her sex.

Set the initial hearing of this case to July 19, 2011 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of this Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Kolambugan, Lanao del Norte, Public Attorney’s Office in Tubod, Lanao del Norte and to DENIECE PERLIE A. TUPPAL of Barangay Caromatan, Kolambugan, Lanao del Norte. Petitioner is hereby directed to publish copy of this Order citing the petition at Business Week, a newspaper of general circulation for three (3) consecutive weeks, at her expense.

So ordered.

Tubod, Lanao del Norte.

May 30, 2011.

(SGD) ALAN L. FLORES

Presiding Judge BWM June 20, 27, July 4, 2011

10 16 June 27-July 3, 2011

Tourism

DOT-Davao notes 13% hike of Chinese tourist

ACQUA BELLA AND SOLENN HEUSSAFF

DAVAO City -- The Department of Tourism (DOT) in the Davao Region recently reported a 13 percent increase of Chinese tourists in Davao City for the first quarter this year.

Davao Tourism Council chair Mary Ann Montemayor said as indicated in its first quarter report on Davao City Hotel Occupancy Report from January to March 2011, it showed a total of 872 Chinese nationals visited the city for the first quarter this year compared to the same period in 2010 with only 767 arrivals.

Montemayor said the China market ranked fifth among the top five foreign markets here with the United States leading the list with 4,460, followed by Japan, 2,674, Korea, 1,055, and Australia, 1,018.

Total visitor arrivals within that period accounted to 179,785. Of this figure, 160,673 are domestic while

19,020, foreign. Total arrivals last quarter indicated a 14 percent increase as against last year’s figure of same period to only 157,147, she said.

Meanwhile, Montemayor saw the potential of the China market considering the volume of these travelers yearly.

Citing figure sourced out from the Philippine Tourism Attache in Beijing, she said in the first quarter of 2011 alone, an 18 percent increase was reported for Chinese nationals from Beijing travelling to the Philippines.

The report, she said also indicated an outbound Chinese tourists of one million.

The group also saw the big potential of this market when they were able to interact with Beijing Tour Operators during the recently held launching of the Davao Cultural Festival in Beijing, China.

The event, dubbed as “Davao Cultural Festival: tourist/PAGE 19

DO U LUK OLDER DAN UR AGE? Y?

Scientific Research has proven that STRESS & EXTREME TENSION without an outlet may be the cause of up to 80% of many diseases, including high blood pressure, ulcers, insomnia, and sexual problems. STRESS whether physical or emotional shows in the body, & it makes you look years older.

SHE’S a woman of substance and taste, of fine lineage. Welltraveled and exposed to a myriad of cultures, she became a woman of many facets.

She is Solenn Marie Adea Heussaff, a French-Filipina who first appeared on TV when she was 15 in a soda TV ad.

Since then, she has traveled to Thailand, China, Malaysia and Singapore as the lead girl in numerous commercials. Her popularity boosted when she finished in the final three on a reality television game show catapulting her modeling and acting career.

But she’s a lot more than just a pretty face. In a week, she wears different hats. She’s a model, a fashion designer, a make-up artist, a painter, a singer, and an actress. Different careers, diverse talents, her skills honed her to what she is today. Solenn now enjoys every bit of accomplishment she has earned and exudes the sweet scents of success – figuratively and literally.

A nd t r u ly, Penshoppe captured the many facets of Solenn in ACQUABELLA I AM fragrances. Six scents dis-

Lot for Sale 300 sq. mtrs. (Clean Title) Located at Lourdes Ville NHA Lower Balulang, CDO 100 mtrs left side of Lourdes Grotto , Macale Cmpd. along the Road beside the water pump station, Contact: 09279518081 09497095292

Golden Blind Masseurs

Honest to Goodness Shaitsu & Sweddish Therapeutic Massage Services complemented with Facial Strokes, Accupressure and Reflexology.

GOMEZ-PABAYO STS., infront of CHANA BEAUTY SALON Tel. Nos. 856-4841 or 857-4659

tinctively inspired and created for Solenn and for women of different persona.

As a model, Solenn wears the simple and sweet, adorable, and attractive scent of I AM sweetheart that captivates and sends any heart a flutter with a sweet brush of grapefruit and bergamot combined with vanilla and sheer musk; As a fashion designer, Solenn proudly wears the gogetter scent of I AM a-list capturing the floral notes of dewy green and peach, infused with mimosa and sandalwood; As an actress, Solenn indulges with the sophisticated fragrance of I AM diva, the scent that shines and captivates with citrus and ginger fruity

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- GOLDEN BLIND!

Visit us now!

756 KHZ, AM BAND

MARIVIC L. CUBELO Station Manager

JOANN RABOT GARRY J. CRUZ ADMIN / TRAFFIC Program Director

Reporters:

JUN PASCUA OBET SAMONTE NICK DINGDING

Present this ad and get P20.00 off from our regular rate.

ENGR. LANZ MAKILING CHIEF TECHNICIAN

and ENGR. BONG MAGLANGIT

“KAPARTNER NYO SA PAG ASENSO” Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 25 Cagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFF

OFFICE OF THE PROVINCIAL SHERIFF

SHERIFF’S NOTICE OF SALE

NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF File No. 2011-222

File No. 2011-235

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office adddress at Pag-ibig Fund Building, J.R. Borja St., Cagayan de Oro City, against ARLEN ECUACION FORTUNO, of legal age/s, single, Filipino/s with postal address at Block 8, Lot 24, Southview Homes Subdivision, Macasandig, Cagayan de Oro City to satisfy the mortgaged indebtedness which was as of April 26, 2011 amounts to FIVE HUNDRED FIFTY ONE THOUSAND SIX HUNDRED TWENTY NINE PESOS AND 74/100 (P 551,629.74) Philippine Curency excluding interest, penalty charges, attorney’s fees and expenses of foreclosure, the the undersigned sheriff will sell at public auction on July 18, 2011, at 9:00 o’clock in the morning or soon thereafter at the RTC Branch 22 Office, Arch Hayes St., Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T-192331

Lot Portion of Lot As Surveyed for Land Use Location Area

: : : : : :

1, Block 9, Psd-10-044328 2835-B, Psd-10-042804 Liberty Land Corporation (Woodland Heights) Residential Macasandig, Cagayan de Oro City ONE HUNDRED SISTY (160) SQ.M. MORE OR LESS

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

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

In the event the public auction should not take place on the said date, it shall be on the next working day without further notice.

Cagayan de Oro City, June 7, 2011.

FOR THE PROVINCIAL EX-OFFICIO SHERIFF:

Upon Extra-judicial petition for sale under ACT 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG, Mortgagee, with office address at J.R. Borja Street, Cagayan de Oro City, against MARIA MENCIA C. BARRERO, mortgagor, with postal address at 01248 Paradise Street, Surigao City/#126-7th Streets, Nazareth, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of April 11, 2011, amounts to FOUR HUNDRED FIFTY SIX THOUSAND FIVE HUNDRED NINETY NINE PESOS & 58/100 ( P 456,799.58 ), as outstanding obligation, inclusive of interest and penalty charges, attorney’s fees equivalent to ten percent (10%) of the total indebtedness plus the foreclosure expenses, the undersigned or his duly authorized deputy will sell at public auction on July 13, 2011 at 10:00 a.m. or soon thereafter, at the main entrance of the Hall of Justice, Regional Trial Court, Branch 25, Arch. Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the following properties described below, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-188407

“ A PARCEL OF LAND, ( Lot 18, Block 6, Psd-10-039732, being a portion of Lot 1, Pcn-10430500191, situated at Canitoan, Cagayan de Oro City, containing an area of FITY FOUR (54) SQUARE METERS, more or less, and all other improvements existing thereon registered in the name of MARIA MENCIA C. BARREDO.” TRANSAFER CERTIFICATE OF TITLE NO. T-188408

“ A PARCEL OF LAND (Lot 20, Block 6, Pasd-10-039732, being a portion of Lot 1, Pcn-10430500191, situated at Canitoan, Cagayan de Oro City, containing an area of FIFTY FOUR (54) SQUARE METERS, more of less, and all other improvements existing thereon registered in teh name of MARIA MENCIA C. BARREDO.”

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

In the event public auction should not take place on the above date stated, it shall be on the next working day without further notice.

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

Cagayan de Oro City, June 13, 2011.

Copy furnished:

PAG-IBIG FUND

ARLEN E. FORTUNO Posted at:

RTC Branch 22

MAcasandig, Barangay Hall Cagayan de Oro City Hall

BWM June 20, 27, July 4, 2011

(SGD) JOEL LYDVEL G. PAKINO Sheriff IV

ATTY. DICK CARLO J. CABANLAS Asst. Clerk of Court RTC-OCC Cagayan de Oro City

mindanao

One in different faces, one in different scents

TREAT YOURSELF TO THAT WELL DESERVED REST & RELAXATION & BRING THAT YOUTHFUL GLOW BACK TO LIFE.

BusinessWeek

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

(SGD) LOVE M. VERDADERO

Sheriff IV Copy Furnished: HDMF/Pag-ibig, J.R. Borja St., Cagayan de Oro City; Ms. Maria Mencia C. Barredo, 01248 Paradise St., Surigao City; #126-7th Streets, Nazareth, Cag. de Oro City RTC/OCC-Publisher

BWM June 27, July 4, 11, 2011

(SGD) ATTY. DICK CARLO J. CABANLAS Asst. Clerk of Court RTC-OCC Cagayan de Oro City

notes that blossom into rose and carnation floral essences; As a singer, Solenn confidently shows off her strong and creative side with the scent of I AM rock chic, a mix of fruity floral notes of raspberry and ylang-ylang that linger with hints of white musk and sandalwood; As a painter, Solenn reveals her free-spirited mood with the cool and pristine scent of I AM sassy, the fragrance of blooms and brush with sunripened citrus of apple and orange mingled with warm floral bouquet of sheer musk and sandalwood; And simply being herself who’s always on-the-go, Solenn freely expresses her active, enthusiastic and adventurous lifestyle with I AM sporty. It has the feel of rush and thrill

of blended top notes of citrus and white jasmine with a lift of warm vanilla.

Wit h ACQUABELLA I AM’s six scents, success has never been more fragrant. It is set to make the nation a more fragrant place from students to yuppies, trendsetters to athletes, adventure seekers to the classic -- any woman can find an ACQUABELLA’s I AM fragrance that will suit her personality and choice of lifestyle. lso available is ACQUABELLA by Penshoppe SMELLS LIKE BABY splash cologne in six refreshing scents that give just-out-of-the-shower freshness.

The new ACQUABELLA by Penshoppe fragrances are now available in leading supermarkets and convenience stores nationwide.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 39 Cagayan de Oro City IN RE: PETITION FOR CHANGE OF 2011-055 SURNAME OF PIA SHIELA BUENAAGUA BADONG TO PIA SHIELA BUENAAGUA AND FROM HANS BENEDICT BUENAAGUA BADONG TO HANS BENEDICT BUENAAGUA.

SPEC. PROC. NO.

Represented by their mother: ALMA MARBELLA BUENAAGUA,

Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY,

Respondent.

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

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

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

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

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

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

(Sgd.) MARITES FILOMENA RAMA-BERNALES

Presiding Judge

BusinessWeek

June 27-July 3, 2011

mindanao

17

Aromacology Sensi opens outlet n CdO

By Riza O. Ares

to experience the skincare products that are designed for Asian’s sensitive skins.

Aromacology Sensi classifies its major products into Aromatherapy Facial Care, Hair Care, Foot Care, Body Care, Healing Oil and Whitening Soya.

Newest in line is the noirritation Mineral Powder and the eucalyptus-based

Rich...

34-year-old Edgar Sia II, founder of Mang Inasal Mang Inasal is now the country’s third largest fastfood chain, after Jollibee and Chowking. Last year, Jollibee purchased a 70% stake of Mang Inasal for $68 million, catapulting Sia’s net worth to $85 million. He is ranked 40th in the Forbes list of richest Filipinos, and is the youngest in the list.

Four from 2010 list didn’t make the cut, including Lourdes Montinola, whose family owns 41% of Far Eastern University; and Jesus Tambunting, who controls Planters Development Bank.

Forbes said their gains couldn’t match the stellar performance of others on the list.

The remaining names in the Philippines’ 40 richest list are as follows: 12. Inigo and Mercedes Zobel--$980 million 13. Emilio Yap--$930 million 14. Andrew Gotianun--$795 million 15. Jon Ramon Aboitiz--$760 million 16. Beatrice Campos--$685 million 17. Manuel Villar--$620 million 18. Vivian Que Azcona--$555 million 19. Robert Coyiuto Jr.--$400 million 20. Mariano Tan--$375 million 21. Alfonso Yuchengco--$370 million 22. Enrique Aboitiz--$310 million 23. Oscar Lopez--$280 million 24. Jose Antonio--$245 million 25. Eric Recto--$200 million 26. Gilberto Duavit--$190 million 27. Menardo Jimenez--$185 million 28. Alfredo Ramos--$180 million 29. Betty Ang--$165 million 30. Felipe Gozon--$163 million 31. Tomas Alcantara--$160 million 3 2 . B e nj a m i n R o mu a l dez--$155 million 33. Wilfred Uytengsu Jr.--$150 million 34. Manuel Zamora Jr.--$145 million 35. Jacinto Ng Sr.--$115 million 36. Frederick Dy--$110 million 37. Luis Virata--$100 million 38. Bienvenido Tantoco Sr.-$95 million 39. Eugenio Lopez III--$90 million 40. Edgar Sia II--$85 million.

AROMACOLOGY SENSI, the company that conceived the widest array of botanically-based skincare products, launches its first and only outlet in Cagayan de Oro City tomorrow, June 28.

The event is expected to bring an absolutely new and unique opportunity for beauty-conscious Cagayanons

from page 1

$34 billion, up from last year’s $22.8 billion. Forbes said a 27% uptick in the stock exchange’s composite index lifted the fortunes of the country’s richest to an all time high.

It said there are now 11 billionaires in the Philippines this year, compared to only 5 last year.

Forbes compiles the list based on information from individuals, stock exchanges, public documents and analysts as well as estimates of the privately held assets of the businessmen. The minimum net worth to make the list this year increased to $85 million, up from $50 million previously.

For the fourth year in a row, Sy remained the Philippines’ richest man with a net worth of $7.2 billion, up from $5 billion last year. Forbes said shares in SM Investments, the Sy family’s largest asset, is up nearly 40%. Sy’s listed property developer Belle Corp. is expected to open its first casino in Manila in 2012.

Second on the list is tycoon Lucio Tan with an estimated $2.8 billion in assets, up from $2.1 billion in 2010. The 77-year-old tycoon owns a bevy of businesses which include Fortune Tobacco, Asia Brewery, and Hong-Kong based Eton Properties.

Third on the list is JG Summit founder John Gokongwei Jr. The 83-year-old is worth $2.4 billion, up from his net worth last year of $1.5 billion.

Fourth on the list is Alliance Global Group’s Andrew Tan with an estimated net worth of $2 billion from last year’s $1.2 billion.

Fifth on the list is 90-yearold construction manage David Consunji, who has an estimated net worth of $1.9 billion from last year’s $715 million.

“He moved into top 5 as shares of his DMCI Holdings more than doubled in past year. Value of Semirara Mining nearly tripled,” Forbes said.

Below is the Philippines billionaires list: 1. Henry Sy--$7.2 billion 2. Lucio Tan--$2.8 billion 3. John Gokongwei Jr.--$2.4 billion 4. Andrew Tan--$2 billion 5. David Consunji--$1.9 billion 6. Jaime Zobel de Ayala--$1.7 billion 7. Enrique Razon Jr.--$1.6 billion 8. Eduardo Cojuangco Jr.--$1.4 billion 9. Roberto Ongpin--$1.3 billion 10. George Ty--$1.1 billion 11. Tony Tan Caktiong--$1 billion Forbes said the biggest gainer in percentage terms is former trade minister Roberto Ongpin, whose fortune soared more than fourfold to $1.3 billion. Forbes said most of that gain was thanks to an increase in his stake in listed miner Atok-Big Wedge, “though Ongpin says the company’s stock price overinflates its value.”

Forbes, meanwhile, listed 4 newcomers to the richest list. They are: Jose Antonio, founder of highend property developer Century Properties; Jacinto Ng Sr., founder of biscuit maker Rebisco; and

NOTICE Notice is hereby given that the intestate estate of the LATE PRISCILA L. BACONGIS situated at Agusan, Cagayan de Oro City embraced in OCT No. P-556 consisting an area of Five Hundred Seventy Six Square Meters more or less is the subject of an Extra Judicial Settlement of Estate of Deceased Person With Donation under the notarial registry of Atty. Emmanuel Akut per Doc. No. 64, Page No. 14, Book No. 83 Series of 2008.

BWM June 20, 27, July 4, 2011

Stress Relief Cream that frees one from stress of sorts.

Also to be introduced in tomorrow’s launching is the amazingly-effective DEOMIST anti-perspirant spray and the Moisture White and Toner Plus anti-acne creams.

Owner and Manager Glochis “Bom” Lopez Bergonio calls on skin caring Cagayanons to “nourish and refresh

your skin and experience the finest, gentlest, most effective and most relaxing formula that we have to enhance their senses and natural beauty.”

Considered to be the wisest alternative for skincare, Aromacology Sensi all started in Davao City, January 2003.

In a matter of one year, the company has expanded so rapidly, with several franchis-

es in key cities of Mindanao.

“We attribute all of this to the two most distinct features of our products - quality and affordability,” Ms. Bergonio further says.

Now accepting applications for distributorship and franchise dealership, Aromacology Sensi envisions itself to become the most trusted name in skincare

products and as the most reliable business partner to individuals, who want to achieve financial freedom and independence.

Aromacology Sensi Cagayan de Oro is at the corner of 8th and 21st Streets, Barangay Nazareth, Cagayan de Oro City. With contact numbers: 09179700011 Sun 092286443111

Misamis Oriental 1st District Rep. Peter M.Unabia awards Miss Sugbongcogon 2011 Carmela M. Bacong during the Coronation Night program of the beauty pageant held Wednesday. With them on stage is Ma. Enrie Z. Lagbas, the wife of Sugbongcogon Mayor Jerry Lagbas. Bacong was sponsored by SUNHS. photo by gerry l. gorit

Cepalco...

from page 1 of the third regulatory period, the ERC approved annual revenues for Cepalco. These annual revenues consist of the amounts approved by the ERC representing Cepalco’s efficient operating costs, including taxes and duties other than income tax, return on its invested capital, depreciation allowance, under recoveries for the previous regulatory period, and net efficiency adjustments.

A regulatory weighted average cost of capital (WACC) of 14.97 percent was used by the ERC to calculate the allowable return on capital for Cepalco.

The WACC is significantly lower than the 16.27 percent used in Cepalco’s previous rate reset application. The ERC disallowed certain projects in Cepalco’s proposed capital expenditures since these were deemed not necessary for the efficient provision of distribution services and not based upon available prices in the international markets. These, together with system efficiencies, contributed to a significant reduction on Cepalco’s return on capital component of the approved revenues vis-a-vis its proposed application.

In a Cepalco released press statement, it said the ERC, in the Final Determination, adopted a more stringent Performance Incentive Scheme than that proposed by Cepalco geared towards strict adherence to the approved

performance indicators. It is also meant to provide Cepalco with corresponding incentives to improve its services to customers.

With the issuance of the Final Determination, Cepalco, the country’s third largest power distributor, can now translate the approved MAP of P1.2491/kWh for 2012 into rate schedules for its different customer classes and file its application with the ERC for approval. Upon approval of these revised rate schedules, Cepalco can start charging the lower rates to its customers, the statement said.

“The decreasing price trend on the third regulatory period for Cepalco is a good signal that the benefit of adopting the PRB rate-setting methodology is now taking effect. The PBR has put pressure on the utilities to improve their systems and be more efficient in their operations We are optimistic that the consumers will continue to enjoy the benefit of the PBR in terms of quality and reliable service and more affordable electricity rates,” ERC Chairperson and CEO Zenaida G. Cruz-Ducut said in the statement.

Power... from page 1

Commission on Indigenous Peoples (NCIP), Dept. of Environment and Natural Resources (DENR), Environment Management Bureau (EMB) and National Water

Resources Board (NWRB) should be secured by the proponent.”

Mr. Pacampara said the proponent should also secure the endorsements from the pertinent Local Government Units (Provinces of Bukidnon and North Cotabato, Municipality of Kibawe and two barangays).

Pulangui V is located in the southern part of Bukidnon covering the municipalities of Kitaotao, Dangcagan, Kibawe and Damulog. It is some 40 kilometers downstream of the existing Pulangui IV HEP power house while its dam site would be located in the municipality of Pres. Roxas, North Cotabato.

The plant will have three units of 100 MW each.

It involves the construction of river diversion facilities, dams, embankment and reservoir filling and commissioning. A 20-kilometer double circuit 138kV transmission line would link it to an existing main substation in Kibawe.

Greenergy’s revised project cost is P33-billion to be financed by still unidentified strategic partners willing to finance the project. It is estimated to have a project timeline of 69 months from the award of the main construction contract to the commissioning.

The RDC-10 Infracom co-chaired by Ozamiz City

Mayor Nova Princess E. Parojinog-Echavez and Engr.

Modesto Mabaylan (private sector representative), found the project to be financially viable with an incremental net present value of PhP 237.48 billion and financial internal rate of return (FIRR) of 25.35 percent, higher than the project’s weighted average cost of capital (WACC) of 6.6 percent. It also passed the financial sensitivity analysis under the worst case scenario with a 19.69 percent FIRR. The project was originally proposed by the National Power Corporation (Napocor) in 1991 but had to repeatedly defer the implementation of the project due to the power crisis in 1991, the 1997 Asian financial crisis, and eventually gave up on the project in 2001 with the passage of the EPIRA Law. In 2009, Greenergy Development Corporation initiated the revalidation of the feasibility study, prioritizing the Hydrology and Water Flow tests in coordination with the National Water Resource Board (NWRD) and National Irrigation Administration (NIA). Greenergy is engaged in energy and power sector consultancy, FS preparation, environmental impact assessment, and founded in 2009 by Engr. Cerael C. Donggay, CEO and President. Mr. Donggay was the former Vice President for Mindanao of Napocor.

BusinessWeek

18 June 27-July 3, 2011

mindanao

Congess okays Mercury Exposure Information Act of 2011 THE House of Representatives has passed on third and final reading a bill establishing a mercury exposure information program on the hazards and adverse effects of mercury when eating fish and other marine products.

Rep. Joseph Victor Ejercito (Lone District, San Juan City), one of the authors of House Bill 4541, said mercury is a bio-accumulative heavy metal that poses a significant risk to human health, wildlife and the environment.

Quoting the World Health Organization, Ejercito said there is substantial evidence showing that exposure to methyl-mercury is widespread among the people and occurring at higher than healthtolerable levels.

Ejercito said most of the

rodriguez

jv ejercito

fish and seafood caught or sold in the country are contaminated with methyl-mercury, a toxic chemical that may cause neurological damage and other health related problems as a result of fish or seafood intake.

“Evidence is also continuing to emerge linking increased risk of coronary heart disease to mercury exposure,” he said.

“Sadly, health advisory information on mercury-contaminated fish, which is necessary to protect public health, is not widely disseminated by the government. This lack of awareness potentially threatens tens of million of Filipinos who may unknowingly ingest harmful amounts of mercury because they are not aware of

Turn-over of Health Center in Barangay 15

Congressman Rufus B. Rodriguez of the second district of Cagayan de Oro formally turns over a health center project in Barangay 15 that cost P500,000. In this occasion, Cong. Rodriguez announced that he secured an additional P2 million from the Department of Health for the completion of the second floor of the building which would then cost a total of P2.5 million. In photo: Cong. Rufus Rodriguez (center), Dr. Jose Llacuna, of Department of Health-X, Dr. Raychel Dilla and Brgy Chair Lucilo Legaspi, Kagawads Charito Cabonialda, Narissa Calotes and barangay health workers.

exposure risks from consumption of freshwater fish and seafood,” Ejercito stressed.

The bill mandates the Secretary of Health to issue a comprehensive health advisory to the general public about the presence of methyl mercury in fish and other seafood and its potential dangers to health, particularly to the high-risk groups such as pregnant women and children.

Rep. Rufus Rodriguez (2nd District, Cagayan de Oro City), another author of the measure, said the measure addresses the problem of lack of awareness by providing the public with adequate notice and education on the effects of exposure to mercury.

“This can be done through the development of health ad-

visories and by requiring that such appropriate advisories be posted, or made readily available, at all businesses that sell fresh, frozen and canned fish and seafood where the potential for mercury exposure exists,” Rodriguez said.

The measure to be known as the “Mercury Exposure Information Act of 2011” mandates the Department of Health (DOH) to provide medical information on the signs and symptoms, treatment and prevention of mercury related illnesses and reliable information on the mercury level in fish and other seafood.

The bill also obligates market and business establishments where fish and other seafood are sold for human consumption to post health advisories.

The DOH and the Department of Environment and Natural Resources (DENR) are required to distribute a warning consumer’s guide or manual on the potential dangers of exposure to mercury.

Under the bill, the head or official of any maternal and child hospital, clinic, center or similar office who fails to post the consumer advisory on the hazards of mercury face a fine of P10,000. The administrator or operator of any market or business establishment that sells fish and other seafood contaminated with mercury will pay a fine of P8,000.

The co-authors of the bill are Reps. Maximo Rodriguez, Jr. (Party-list, Abante Mindanao, Inc.) and Alfredo Marañon III (2nd District, Negros Occidental).

Groundbreaking of Road Concreting project Groundbreaking of Const. of Health Center in Bugo: Congressman Rufus B. Rodriguez of the second in Camaman-an : Public officials pose for prosperity with

district of Cagayan de Oro ground breaks road concreting project at Gemelina St, Zone 6 Barangay Bugo that cost P2.5 million. In photo shows Congressman Rodriguez leads the laying of cement to the hole. Besides him are: Brgy Chair Raul M. Aleria, Kag. Alan Igot, Kag. Ruby Jamero, and DE Allan Borromeo of Department of Works and Public Highways.

Congressman Rufus Rodriguez during the groundbreaking for the construction of Health Center in Barangay Camaman-an worth P1.5 million which Cong. Rodriguez secured from the Department of Health. In photo are: Cong. Rodriguez (center), Dr. Jose Llacuna, ARD of Department of Health-X; Dr. Edna Eugenio, Dr. Raychel Delia, Brgy. Chair Domitello Acenas, Jr., and members of barangay council.

Billboard

BusinessWeek mindanao

Giardini Del Sole: exquisite wooden furniture

By Joe Palabao

MANDAUE City, Cebu–– GIARDINI DEL SOLE is an exquisite wooden furniture with a fusion of Italian quality and Filipino craftsmanship. Its trademark of designs encompasses variations of styles characterized by the crafted work of hands and a classic-inspired design––and the style of contemporary designs which is a balance combination of useful and beautiful furniture pieces.

For 18 years, GIARDINI DEL SOLE helped furniture shoppers create something unique. They create stylish, one-of-a kind furniture in an intimate and serviceoriented environment.

Today, these beautiful exquisite wooden furniture pieces are sold throughout the country via their Cebu Factory Outlet, the Cebu North Reclamation Showroom, Manila Alabang Showroom––and few months ago, the Cagayan de Oro Showroom was opened.

It is located at the Limketkai Mall, 2nd Level North Concourse for all Mindawanons’ need of furniture pieces. And soon another showroom will be opened along Kauswagan Highway, Cagayan de Oro City.

GIARDINI DEL SOLE products play important role at home, especially these days as shown in a consumer research that most people and affluent

Tourist... from page 16

From Islands to Highlands” in Beijing in line with the Philippine Independence Day celebration at the Marco Polo Parkside Hotel in Beijing, is a showcase of Davao’s cuisine, a culture

June 27-July 3, 2011

19

HOTELS RESTAURANTS Pryce Plaza Hotel

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

Hotel Koresco

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

Mallberry Suites

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

Dynasty Court Hotel

Filipinos are making their home as their refuge and their sanctuary from the pressures of the world. They spend more time at home results in more spending time to decorate, upscale consumers does not want to settle ordinary, off-theshelf decorating solutions.

Five star and world class hotels are also into making their furniture- pieces to be among the best in the world and modern edifices are into decorating unique and stylish designs, and one-of-a kind furniture ornate. They want something unique and of quality with classical designs.

GIARDINI DEL SOLE Showrooms has an array of hundreds of exquisite products to choose from: Beautifully designed Bed Room Collection; Fabulous Dining Room Collection; Breathtaking Living Room Collection and the Mesmerizing Mixed Collection of your choice to satisfy your and crafts.

Montemayor said this is a concerted effort among the private sector, namely the Davao Region Tourism Council, Davao EcoCrafts, Cebu Pacific and the Marco Polo Parkside Hotel, and supported by the Philippine Department of Tourism.

furniture needs at home or in the office.

At A Glance – GIARDINI DEL SOLE Manufacturing & Trading Corporation is owned and managed by MR. GIOVANNI V. BOSCHI, being the President/ General Manager, an Italian National.

He was born in Bologna, North of Italy from four generation of furniture maker family.

He personally started this expertise in his father’s furniture factory. At 22, he started his own furniture company and showroom in Bologna.

In 1986, Mr.Boschi traveled to the Philippines and established in Cebu the Natural Rattan Furniture, exporting mainly to Italian market.

Few years later, he expanded his business and started producing Italian Style furniture for the USA Market implementing his business philosophy “Italian

quality and Filipino Craftsmanship.”

To date, he has employed more than four hundred Filipino skilled workers in the furniture industry.

To respond to the growing demands of GIARDINI DEL SOLE wooden furniture products, GDS is looking for franchise partners in the Philippines and help more furniture shoppers create something unique.

As their own adage in franchising business says: “Our Value is Simple: Create Stylish, one-of-kind furniture in an intimate, service oriented environment.”

That means a low-inventory investment for the franchisees and an extraordinary selection for the customers of the products they need.

For particulars and inquiries, please contact (063)032) 345-4370 or email: giardini@pldtdsl.net/ giardinifurniture.factory@ gmail.com

She s a id du r i ng t he launching, Davao was featured in Marco Polo and product presentations were conducted before members of the Beijing media and the travel and trade networks in its effort to promote Davao Region to the Chinese market.

She said the objective of the cultural festival is to foster Public-Private Partnership (PPP) among tourism key players in the aim of promoting Davao to the international market, thus forging agreements and actual sales in both tourism and trade. pna

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

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

Marco Resort Tel. No. 732182 / 855-220

VIP Hotel

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

Philtown Hotel

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

De Luxe Hotel

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

Maxandrea Hotel

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

Grand City Hotel

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

Hotel Conchita

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

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

Country Village Hotel

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

Southwinds Hotel

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

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

Discovery Hotel

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

Pearlmont Inn

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

Red Palm Inn

Our Ham Products

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

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

Cagayan Riverview Inn

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

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

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

Chali Beach Resort

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

Nature Pensionne

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

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

NEW DAWN PENSIONNE

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

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

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

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

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

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

SLERS Corporate Office

Velez corner Del Pilar Streets, Cagayan de Oro City Phone (088) 855-1438

Ham and Cafe Outlets

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

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

20 June 27-July 3, 2011

BusinessWeek

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