BusinessWeek Mindanao (January 7-8, 2013 Issue)

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As of 5:57 pm Jan. 4, 2013 (Friday)

FOREX

PHISIX

US$1 = P40.91

5,971.45 points

14 cents

X

37.40 points

Briefly

X

Biz permit renewal

THE local government here is currently implementing a streamline system wherein business and aspiring entrepreneurs can secure business permit and license easier and faster through a well-organized procedure.

The Department of Trade and Industry (DTI), Department of Interior and Local Government (DILG) and Invest (Investment Enabling Environment) project under USAID have collaborated with the local government of Cagayan de Oro to produce more efficient means to get business permit and license.

There are four easy steps to remember. First, secure and submit application for business license. This involves downloading application form for business license from the city’s official website, www. cagayandeoro.gov.ph or at the distribution areas adjacent to the Business One Stop Shop (BOSS) at the City hall.

Plaridel port

THE Regional Development Council, region 10 (RDC-X) has endorsed to the Office of the President the proposed delineation of the Port of Plaridel as Port Zone Delineation (PZD) under the administrative jurisdiction of the Philippine Ports Authority (PPA).

In its endorsement, RDCX cited that one of the major factors which contributed to the positive performance of Region X’s economy is its strategic physical advantage particularly its accessibility through land, air and sea.

Dacanay said the Port of Plaridel, which is located in Barangay Looc, Plaridel town, at the northern portion of the Misamis Occidental, is one of such strategic ports that supports the nautical highway system of the government, Leon M. Dacanay, Jr., regional director of the National Economic and Development Authority (NEDA), region 10, said.

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Inflation rate slides to 5-yr low in 2012

Issue No. 147, Volume III •

Market Indicators

Now

Cagayan de Oro City

Monday-Tuesday

January 7-8, 2013

T

HE country’s annual average headline inflation rate slowed to 3.2 percent last year, a significant leap from the previous year’s 4.6 percent, the National Statistics Office said on Friday.

Young scavengers scour the garbage box for anything of value to help feed their family. Despite continued hardship, the government announced inflation rate last year has slowed down to an average 3.2 percent, compared to 4.6 percent in 2011.

File photo by mio cade

Iloilo hosts Bombo Radyo annual confab BOMBO Radyo Philippines, the country’s number one radio Network will again gather its managers and top executives from all over the country for a week long strategic planning sessions from January 7 to 11, 2013 in Iloilo City dubbed

Top Level Management Conference 2013, in its continued efforts to bring the best of what radio can offer to its listeners.

Wit h its t heme: BOMBO RADYO…MADE IN THE PHILIPbombo/PAGE 11 Florete

Headline inflation refers to the rate of change in the consumer price index, which is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly bought by average Filipino households relative to a base year, according to primers on the NSO website.

In a statement, Deputy Presidential Spokesperson Abigail Valte said they are pleased that the 2012 inflation rate remained stable and was within the 3 to 5 percent target set in the Philippine Development Plan.

This is the slowest pace inf lation has grown on a year-on-year basis since 2008.

The NSO said, the monthly inflation rate for December 2012 increased to 2.9 from November’s 2.8 percent.

NSO said this was due to higher annual rates in food

and non-alcoholic beverages and alcoholic beverages and tobacco indexes.

Despite the slight increase, the full-year figure of 3.2 percent was at the low end of the Bangko Sentral ng Pilipinas’ (BSP) target range of 3-5 percent, and well below the 4.6 percent in 2011.

The 2012 average likewise was the lowest since the 2.9 percent of 2007, or the year before the global financial crisis began.

Excluding the impact of volatile items like food and energy, core inflation eased to 3.3 percent last month from 3.4 percent in November.

This brought the full-year figure to 3.7 percent, lower than the 2011 average of 4.3 percent.

The uptick in prices last month stemmed from faster imflation/PAGE 11

NBI to stop Villar Foundation text scam SEN. Manny Villar said the help of the National Bureau of Investigation (NBI) was sought to finally put a stop to the text scam using the name of the Villar Foundation, which he chairs.

Villar said he met with NBI Dir. Nonnatus Caesar

Rojas and got the commitment that the bureau’s AntiFraud Unit will investigate the matter.

“I asked Director Rojas to prioritize this. We will be turning over to the NBI the reports we have collected so they can properly act on nbi/PAGE 11

Villar

2

Monday - Tuesday I Jan. 7-8, 2013

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CCT partners cites collaboration as key in poverty alleviation DAVAO City -- “Both civil society organizations (CSOs) and government workers need to understand and manage the collaborative process. Collaboration is the key to alleviate the poor. Both parties have to trust each other and learn from each other.”

This was the statement made by Dr. A r t u ro D. Apor tadera in his message at the signing of the memorandum of agreement (MOA) on the Modif ied Conditional Cash Transfer (MCCT) held at Grand Men

Seng Hotel recently.

“Ou r jou rney w it h DSWD in work ing w it h t he poor for a l most 30 years is an enriching one.

As our commitment, we should look into sharing of resources. And it is true,

CSOs have a lot more to offer.” Aportadera chairs the UCCP Pag-ugmad sa Kabataan Foundation, Inc. and one of the signatories in the MoA. Five CSOs signed the MOA to partner with the social welfare department in the implementation of the MCCT, a Pantawid Pamilya modality that targets families with children with disabilities, families of child laborers, IP migrant fami-

lies, displaced families due to disasters, street families, homeless families, and other families in need of special protection (FNSP).

MCCT will provide eligible households/families with P 300.00 per month per child for education grant to a ma x imu m of t hree children and P 500.00 per month per household as health grant. The household or family with 0-14 year-old children may re-

ceive a maximum of P 1,400 per month. The health and education conditions of the Pantawid Pamilya still apply in the MCCT modality but with higher frequency on Fa mi ly Development Sessions (FDS) or Family Counselling Sessions and health center visits.

DSWD sha l l transfer the operational implementing cost to the CSO which then undertakes the whole process of identification of

beneficiaries to enrollment a nd deliver y of suppor t interventions.

The five CSOs are Davao Jubilee Foundation for the Rehabilitation of the Disabled, Inc.; Love the Children Foundation, Inc.; SOS Children’s Village Davao, Inc.; Tambayan Center for Children’s Rights, Inc.; and UCCP Pag-ugmad sa Kabataan Foundation, Inc. OIC Director of DSWD poverty/PAGE 8

B U T UA N C i t y – T h e Belgian firm Enfinity, a de veloper of renewable energy, through its local firm Enfinity Philippines Renewable Resources Inc. (EPRRI) will enter into a memorandum of agreement (MOA) with the Butuan City Government for the creat ion of a feasibi lit y study in putting up of a solar energy system project

in this city.

The Sangguniang Panlungsod has seen the need to commit to such noteworthy project to bring about effective solutions to different issues of pollution particularly in Butuan City as well as ensure reliable supply of electricity at affordable rates basically to promote holistic development with the passage of a resolution

of the said purpose.

As stated in the resolution, it is in pursuance of Republic Act 9513, a declared policy of the government to develop and utilize renewable energ y sources and promote its efficient and cost-effective commercial applications by providing fiscal and nonfiscal incentives. This is conduct/PAGE 8

DAVAO C i t y -- Some P5 billion worth of construction was completed in Davao Region, the regional office of the Department of Public Works and Highways

(DPWH) announced Friday.

A total of 388 major infrastructure projects composed of national and secondary roads, bridges and tourism road networks were among

those completed.

DPWH regional director Mariano Alquiza said the department has undertaken 679 projects of which 113 were ongoing and 158 were yet to be started.

“We are pleased to tell the people of Region 11 that the DPWH has been meeting its targets in terms of infrastructure development program for the region,” Alquiza said.

He said that despite the wrath of super typhoon Pablo the department continued with its construction activities and added the repair and rehabilitation of the infrastructures damaged by the calamity.

Alquiza, meanwhile, said that the replacement of the collapsed Manurigao Bridge (Teodoro Palma Gil Bridge) in Caraga, Davao Oriental, the biggest infrastructure damage in the region, could take year to complete.

“It will take time before would could connect the isolated towns of Baganga, Cateel and Boston,” he said.

Alquiza said DPWH 11 has been consistently the top performing office in the region in terms of project completion.

“This is a very good sign, it could boost our chances of being qualified for International Standard Organization (ISO) accreditation.

He said if they could pass in all requirements, they could get the ISO accreditation this year along with DPWH National Capital Region.

Belgian firm to conduct feasibility study on solar energy system in Butuan

DPWH 11 completes P5-B projects in Davao Region 0917-7154399 088-856-8562/63

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Hyundai Motor’s 2012 sales shoot up 8.6 % SEOUL -- Hyundai Motor Co., South Korea’s leading automaker, said last week that its 2012 sales rose 8.6 percent from a year earlier on the back of strong overseas demand despite a global slowdown.

Hy undai sold a tota l 4,401,947 vehicles through December, up from 4,051,716 units tallied in 2011, said the company in a statement.

Its domestic sales dropped

2.3 percent on-year to 667,777 units, while its overseas shipments jumped 10.9 percent to 3,734,170 units.

The Avante compact was Hyundai’s best-selling car in

2012 with 862,741 units sold worldwide last year, followed by the Accent subcompact with 700,666 units sold.

In December, the carmaker sold 391,152 vehicles, a gain of 5.4 percent from a year ago. It posted 328,046 units in exports, up 4.9 percent on-year, with domestic sales gaining 7.9 percent on-year to 63,106 units.

AU TO pa r ts ma nu facturers on Friday said the Bureau of Customs has its work cut out given the persistence of smuggling.

In a statement, Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) president Ferdina nd I. R aquelsa ntos sa id t he group lauds Customs for the successful conviction of a vehicle smuggler this month.

“We hope that the current administration continues its drive against vehicle smuggling so that the Philippine automotive and parts making industries may finally take off,” Raquelsantos said.

He however noted the

“persistent influx of smuggled second-hand vehicles as a major cause of the underdevelopment of our local auto manufacturing.”

Citing Land Transportation Office (LTO) data, Raquelsantos said 57,000 units or over a fourth of new vehicle registrations in 2011 were for used cars.

“I nste ad of ge t t i ng vehicles from the local manufacturers, customers opt to buy secondhand or used imported vehicles which may have been brought in illegally.

It takes them about two mont hs to rea lize t hat it was not worth it as it breaks down very easily,” he said.

Up to 140,000 workers

in t he auto sector risk losing their jobs, as the country’s competitiveness in vehicle manufacturing lags behind its Asean neighbors, Raquelsantos said.

The Philippines produced only 65,000 vehicles last year, a far cry from Thailand’s 1.46 million units, Indonesia’s 838,000, Malaysia’s 534,000 and Vietnam’s 100,000.

“The Philippine auto industry really needs a shot in the arm. We are hoping that this renewed government initiative against auto smuggling is the shot that will help revive our ailing domestic auto and parts making industries,” Raquelsantos said.

Auto parts makers say car smuggling persists

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Corporate . World BusinessWeek 4 M I N DA N A O Phoenix Petroleum recognized as Best JV bats for dev’t of Independent Oil Company in Asia local Halal industry Monday - Tuesday I Jan. 7-8, 2013

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Phoenix Petroleum Philippines was recently named the Best Independent Oil Company in Asia by World Finance magazine in its 2012 Oil & Gas Awards.

The annual Awards is

given “in recognition of those companies that have successfully weathered the tough economic conditions while ensuring the continuing success of the industry.”

“The carefully chosen

recipients of these awards have been selected for their forward thinking, business acumen, and services to the oil and gas industry,” said the London-based World Finance magazine.

Phoenix welcomed its 2nd retail station in Ozamiz City on October 28, 2012. Its trade name is Four-E Phoenix Gas Station

\ “The aim of these awards is to showcase the successes of those chosen in order to set a benchmark for others in the industry. Despite tough economic conditions, these companies have persevered against tough environmental as well as business competition whilst weathering external factors.”

Phoenix Petroleum Philippines is the leading independent oil company today with an expanding network of operations nationwide.

It is engaged in the business of trading refined petroleum products and lubricants, operation of oil depots and storage facilities, shipping/logistics and allied services. It was earlier named one of the best managed small-cap companies in the Philippines by Hongkong-based FinanceAsia magazine.

Health bus serves indigents MANILA- December has always been a frenzy month for residents of Barangay Payatas A in Quezon City what with ubiquitous preChristmas and post-holiday celebrations, but for longtime shanty dweller Mary Jane Ayah this was going to be an extra busy day for her.

The news from a neighbor about an event in her barangay excited her all the more so she woke up early one morning with her two children in tow to make a first queue for registration at the Payatas A covered court-cum health center, not knowing what was in store for the day.

Mary Jane was one of hundreds of mothers, fathers and their children who trooped to the health caravan led by the Que-

zon City Health Department out of curiosity at first but were greeted with a fiesta atmosphere and a colorful bus that was conspicuously positioned in the crowd-laden venue. As the residents moved about, they saw exhibits and video presentations, listened to health and maternal care lectures, and participated in games and entertainment show that fully described the Lakbay Buhay Kalusugan (LBK) health promotion campaign. In one corner, Philhealth representatives provided information on health insurance and distributed Philhealth cards to over 150 residents.

“Maganda po itong event kasi marami po kaming natutunan sa pagplano ng pamilya. At dahil po doon,

nagkaroon ng bonding ang aming pamilya (The event is good because we learned a lot about planning a family.),” she said. She participated in various activities in the past but for her, the health exhibit was the most educational and fun at the same time.

Dr. Ivanhoe Escartin, Director IV of the National Center for Health Promotion of the Department of Health was overwhelmed with the huge attendance for the LBK being done in a highly urbanized city. “We are surprised that so many attended and are hungry of information,” Escartin said.

He clarified that it was not a medical mission but a come-on for information.

For Noel Paestre, who was impressed with how an or-

dinary bus was transformed into a clinic and a health class, it was no longer about him but the welfare of her three children. “Madami akong natutunan, lalo na para sa mga bata (I learned a lot especially for my children.),” he said. He said any sign of malady needs immediate medical attention and that the Quezon City government provides free health services.

Addressing the mothers and fathers who set aside their priorities for the day, Dr. Annie Inumerable, city health officer of Quezon City encouraged and challenged them to put to good practice what they have learned from the activities.

“Sana ma-apply ninyo sa araw-araw na buhay ang mga natutunan ninyo sa araw

SAN Juan Representative JV Ejercito Estrada urged the government to fasttrack the development of a roadmap which will outline strategies that will spur the growth of the local halal industry.

The Philippine government is still in the process of drafting a "road map" which will outline measures to develop the local halal industry and allow exporters to comply with international standards for halal products such as food and medicines.

Ejercito Estrada noted that Mindanao is strategina ito (Hopefully you can apply in your daily life the things you learned today.),” she said.

Kristine, Gerard and Catherine who voluntarily rendered their expertise and time for the indigent residents of Payatas for the first leg of LBK underscored the importance of giving the right information for parents to be able to take care of their families. They also had high praises for the attendees who embraced the unique experience of a health caravan while keeping in mind the value of good health, responsible parenthood, maternal and child care.

“Bilang provider, kailangan ng maraming patience. Gusto ko ng health classes kasi mas indepth

cally located and can easily export halal products to neighboring Southeast Asian countries such as Malaysia and Indonesia where there are large Muslim populations.

Establishing a local halal industry will also provide livelihood opportunities to those affected by typhoon Pablo in Mindanao, the young lawmaker said.

“There are plenty of opportunities for locallyproduced halal products particularly since the demand for these have been increasing both in the domestic and global fronts," the solon said.

The global halal market is currently estimated at $2.3 trillion and continues to rise due to the annual increase in Muslim population.

"Halal" is an Arabic word which means any object or action that is permissible to use or engage in accordance to Islamic law. yung natututunan nila doon (As information provider, we need a lot of patience.

I like the health classes because they get in-depth learning.),” Gerard said.

The Lakbay Buhay Kalusugan: Kalusugan Pangkalahatan on Wheels (LBK-KP) is a nationwide comprehensive health promotion caravan that aims to bring information and education to families in remote communities. This is an initiative of the Department of Health through the National Center for Health Promotion (NCHP). Probe Media Foundation, Inc. (PMFI) provides technical assistance in the project implementation.

Using a colorful fiesta setting, LBK-KP features a bus customized with consultation and examination clinics and a health promotion arena of interactive exhibit, health classes, storytelling sessions, and entertainment shows.

Since its launch in 2011, the LBK-KP has proven to be an effective model for public-private partnerships in delivering critical health information and services As more private companies continue to give modest financial and in-kind assistance to sustain the health caravan. The LBK has travelled to eighteen areas directly serving over 38,000 people. In addition, over 1,800 pregnant and 8,000 children received prenatal and child care services on the bus.

For all these efforts, the LBK is a finalist in the 2012 Good Practice Awards. The innovative bus, the first in the country will make a stop in nine areas in Luzon, Visayas and Mindanao starting February next year.

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The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Monday, Wednesday and Friday of the week with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2010-5698, TIN No. 946-396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424

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Marketing Consultants Legal Counsels Member: -Philippine Press Institute -Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) -Misamis Oriental - Cagayan de Oro Association of Publishers (MOCAP), Inc.

Happy New Year “HOPE springs eternal,” so the saying goes. May the Viewpoints coming year be still hopeful

for a better socio-economic development, for a better peace and order situation in the country.

So should it be: May the coming year be free from despair particularly in terms of the needed competence and integrity in governance from the local to the national level. Hence: “Happy New Year!”

With the usually perceived and readily accepted passage of time from “old” to the “new” year, it might be good to take this occasion to have a more serious look and review of the objective reality of time vis-à-vis its standard understanding and pursuant customary expressions plus practices.

Question: What is time really? There are at least three answers to the question that are “hard hitting” so to speak whereas they are divested of the usual assumptions about what is time, in truth and in fact.

Time is now. The base reality of the matter is that time is now – neither really “before” nor “after”. The objective reality is that time is nothing else than the instant, immediate and unstoppable transit from the “prior” to “post”.

The saying “Carpe diem!” or “Catch the day!” is precisely based on the truth that once time is gone, gone is remains. Hence, the saying “Save time!” is an advisory not really to hold on to time

ARCH. OSCAR V. CRUZ (Ret)

but also to use time well because time cannot be really “saved” in whatever way.

Time is linear. This means that time goes on and on, moves on and on without in any way returning in any form, in any way for anybody.

Time is now and gone, it is the very moment it is thought of or mentioned. When it is gone, time never returns, never comes back.

As it stops for no one, neither does it return for anyone. Time wherefore is not circular in passage as if it goes round and around.

Time simply “marches” on and on and on. And once it is gone, gone it remains.

Time is a continuum. This is but a immediate conclusion from the above mentioned reality that time is “now” and “linear” – neither circular nor repeatable. On and one it goes, yes. To say that “it is time again” to do or to abstain from doing something – this is an expression that is not in the sphere of cruz/PAGE 11

The Waste of Worry THINK a minute…

Do you remember as a child being afraid of the boogie man or monsters at night? But now that you’re an adult, you know better than to be afraid of things that don’t exist, right?

It ’s a ma zing how we adults still have fears and worries about things that are not real. Like the man who said: “Don’t tell me worrying doesn’t help. Almost all the things I worry about never happen to me!”

The crazy thing is that worry and fear make you run from something that isn’t even chasing you. Besides, worry only gives you wrinkles, which is just something else to worry about!

England’s former Prime

Minister, Winston Churchill, said that whenever he started to worry he’d remember the man on his deathbed who said, “I’ve had a lot of trouble in my life—and most of it never happened!”

You see, it’s not work that kills people, it’s worry.

When you fear the future, you’re wasting the present.

Besides, today has enough trouble of its own. So “At night, give your worries to God. He’s up all night anyway!”

Fear and worry is kind of like a rocking chair: it keeps you going, but you don’t get any where! And if you can’t help worrying, remember that worrying can’t help you either.

Fear will often find proof

for itself. If you’re fearful, you’ll find something to be fearful about. That’s why the American President, Franklin Roosevelt, said: “The only thing we have to fear is fear itself.” Many of us are afraid of what others think; but if we knew how seldom they actually think about us, we’d know not to worry.

So whatever you’re afraid of or worrying about, ask yourself: Is it real? And if it is real, how will worrying about it help you? How long will it last? Is it something you can change? If not, how can you best accept and handle it? Then finally ask yourself: How important will this be a year from now?

Will it be important to me

Think a minute

JHAN TIAFAU HURST

at the end of my life?

Today, why not give your life, and all its worries, to Jesus Christ? Ask Him to take charge. Then you’ll know that after you’ve done your best, He’ll always take care of the rest.

Just think a minute…

Reaching out to the ‘unbanked’ (Concluded for last week) IN a speech at the Asian International Banking Conference last year, Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. said: “Microfinance and financial inclusion are advocacies which we have pursued well before it became popular to do so.”

Indeed, the BSP remains at the forefront of establishing a policy and regulatory environment conducive to financial inclusion.

“This stems from the recognition that financial inclusion is a worthy policy objective that could and should be pursued alongside the promotion of stability and efficiency in the financial system,” according to the 2012 Year End Report on BSP Financial Inclusion Initiatives.

Believing that financial

inclusion is a key component of inclusive growth, the BSP is actively implementing policy and program initiatives to realize the Philippine government’s vision for the financial sector.

This vision is highlighted in the Philippine Development Plan 2011-2016: “an inclusive financial system which provides for the evolving needs of a diverse public.”

One of the notable policy and regulatory actions undertaken by the BSP is the implementation of the enhanced rules on true and transparent lending.

To improve the implementation of the Truth in Lending Act (Republic Act No. 3765), protect consumers from lack of awareness of the true cost of credit, and ensure that they make informed decisions when

they borrow, the BSP and other regulatory agencies issued similar regulations to cover all credit providers.

These regulations mandate full disclosure of all charges related to the extension of credit.

Credit granting entities are presently required to charge interest on the outstanding balance of a loan at the beginning of an interest period and consider all charges incident to the loan in computing the Effective Interest Rate (EIR). The EIR, whether quoted annually or monthly, should be the only rate quoted in all loan documents, including marketing materials.

All credit granting entities are likewise required to use a standard and simple format of disclosure to ensure that borrowers are provided with

Speaking out

IGNACIO BUNYE

the information they need to understand their loan transactions.

The Bangko Sentral has also amended the rules on the provision of micro-agri loans, providing banks with the flexibility to innovate the design of their micro-agri loan products.

The libera lization of bunye/PAGE 11

The challenge of bioethics WHILE it’s true that our current age of intense information technology can give us information overload, leading us to get saturated and blasé, it’s also true that the profusion of information can lead us to a greater sensitivity to the increasing complexity of our life. That’s the irony of our times.

That was the first impression I got as I started to attend a course on bioethics recently. It struck me as a novel way of having an interdisciplinary effort to blend the best findings of medicine and the sciences with the best conclusions and indications of philosophy, theology and pastoral care.

I consider this development as progress. Too often we can be accused of leaning too much on one side at the expense of the other sides that also need to be considered. Thus, we can be too scientific or empirical that focuses more on the material, while being deficient on the spiritual and moral that goes beyond the material and temporal aspects of

our life. This is a common phenomenon these days.

Or, we can go the other extreme—being too spiritual and moralistic while neglecting the material and biological foundations of our human concerns.

As a consequence, we are prone to be narrow-minded, simplistic, rigid, and to easily fall to rash judgments. With our complicated times, we have to try our best to avoid these predicaments.

We need to st ri ke a healthy balance, because the resulting blend would actually bring us to a richer appreciation of reality. It would lead us to serve all of us better. In short, it would help us to live truth in charity better, a goal that we should all pursue in earnest.

And so, there I was with a few others in class, having to grapple with the mindboggling names of hormones, their sources, mechanisms and effects, their usual manifestations, etc. I suddenly felt like a high schooler again having to cram for an exam the following day.

Besides, we need to assess the ethics and morality of the different cases brought about by our biological life and medical conditions.

This aspect was kind of bloody, since we discovered we had divergent views.

It became clear to me that bioethics is a relatively new science that would need more inputs, polishing and systematization. And to think that we were talking more about the reproductive system. I wonder how it is going to be when we start talking about the nervous system and the psycho-emotional aspect it has. I suspect that area would be bloodier.

One thing that I clearly saw during the classes was that while learning those biological and medical terms is certainly helpful, we should realize that knowing the nature of things just simply cannot be achieved simply through the naturalistic ways. That is, by simply observing and experimenting.

We need to input the data of our faith, since the nature of things is based on

Hints and traces

FR. ROY CIMAGALA

a natural law that is created

by God. We just cannot study and claim to know nature without referring ourselves to God. He is the author of nature, after all.

I believe the study of bioethics is very important and relevant. It gives us good ideas on how to go about giving advice and counseling to people who come to ask for help. I would say that that the inputs provided by bioethics can give us more charitable, prudent and effective pieces of advice.

And so I believe that with the complicated and cimagala/PAGE 11

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No rice self-sufficiency for PHL this year : DA THE Philippines is on track when it comes to its rice self-sufficiency goal for 2013, but the country may still import the commodity as buffer stock.

“We are on the right track kaya lang ang sinabi naming our projection... after 2013 pa tayo,” Agriculture Secretary Proceso Alcala said.

Philippine rice output for 2012 is estimated at 17.8 million metric tons (MMT).

President Bengino Aquino III in his 2011 State of the Nation Address tackled the need for rice sufficiency.

“Ang gusto nating mangyari: Una, hindi na tayo aangkat ng hindi kailangan.

Ikalawa, ayaw na nating umasa sa pag-angkat. Ang

isasaing ni Juan dela Cruz dito ipupunla, dito aanihin, dito bibilhin,” he said.

A year later, the President’s statement was embodied in the Department of Agriculture “Food Staples Sufficiency Program 20112016” released in June 2012. It aimed for rice self-sufficiency or zero importation starting 2013.

With zero hour on hand, however, Alcala explained that the Philippines is “ontrack” in attaining its goal, but not yet there. The Philip-

AGRICULTURE insurance coverage almost doubled as of November last year amid strong typhoons visiting the country, the Philippine Crop Insurance Corp. (PCIC) said.

Insurance coverage reached P10.63 billion for the period January to Novem-

ber 2012, from P5.37 billion posted during the same period last year.

INCREASED AWARENESS PCIC said agriculture insurance coverage is even expected to grow this year as farmers realize the importance of crop insurance

Conduct...

harmless and cheapest ways to have a cleaner and safer environment. Knowing its financial benefits and constructive and helpful impact on every individual and on the environment as a whole, it is safe to say that having a solar energy system means having a more productive and stronger economy, Fortun said.

pines will still have to import rice as “buffer” stock, he said.

This year, the Agriculture Department expects rice production at 20.04 MMT, which the government deems

sufficient enough to feed the entire nation – but still off the 21.12 million MT to 22.51 million MT threshold to achieve self-sufficiency.

While the government is still in the process of evalu-

ating the situation this year, what is sure is that rice imports will be lower that the 500,000 MT ordered last year.

“Sure na 100 percent [‘yung imports] na mas mababa kaysa last year,” the Agriculture chief said.

A more concrete and positive development is that the Philippines will start importing fancy rice to Singapore, United States, and United Arab Emirates.

“It is a very good start…

Inaayos na ang volume,” Alcala noted.

Skeptics, including the Asian Development Bank and Philippine Institute for Development Studies senior research fellow Roehlano Briones are doubtful about

amid the frequent typhoons, a PCIC senior official said.

“Farmers are increasingly becoming aware of the importance of insuring their crops as typhoons continue to destroy farms,” PCIC Senior Vice-President Norman R. Cajucom said.

PCIC said in a press statement that the number of agricultural producers insured by the agency grew by 83.58% to 281,252 in the 11 months to November 2012 from 153,208 reported during the same period last year.

A tot a l of 4 8.88% or 134,662 of the farmers insured are engaged in rice and corn production, while 1,111 farmers insured are involved in high value crop production.

As much as 12,947 of those insured are livestock raisers; while only 21 are engaged in fisheries.

The remaining 133,111 are composed of the term insurance package and non-crop insurance coverage of agricultural producers, farm workers, members of the agricultural fisheries council and staff of national government agencies and local government units (LGUs).

The area of farms insured also increased by 34.15% to 187,619 hectares for the 11 months ending November 2012 from 139,854 hectares reported during the same period in 2011.

According to the same statement, the reasons for the improved performance of PCIC include: the increase in the number of cooperatives and grass roots organizations that participated in the Land Bank of the Philippines (LBP) rice and corn production loans; and the implementa-

tion of compulsory insurance coverage for farmers participating in the LBP-Sikat Saka and the Department of Agriculture -- National Irrigation Administration Third Cropping Rice Program.

The PCIC also attributed its improved performance to the following: the fresh participation of the National Agribusiness Corp. in the corn insurance program in Region I; the continued PCIC engagement with LGUs; and the continued engagement of farmers’ cooperatives and rural banks.

For the period of January to November 2012, the total value that the PCIC paid out to farmers fell by 28.71% to P195.64 million from P274.43 million reported during the same period last year.

Consequently, the number of farmers paid by the PCIC

the government’s rice selfsufficiency goal.

“There [is] no historical data that will support this claim. It is not possible to attain sufficiency next year, not even in the near future.

Not in your or my lifetime,” ADB Practice Leader in Agriculture, Food Security and Rural Development Lourdes Adriano earlier said.

For Briones, “... the goal of “self-sufficiency” should not be equated to zero imports. Rather the goal should be interpreted based on a broader set of criteria. For one, policy should target nutritional norms for rice consumption, rather than accommodation of consumer choices.” he explained.

decreased by 25.83% to 27,269 farmers as of November 2012 from 36,767 farmers during the same 11-month period in 2011.

PCIC’s underwriting profit increased by more than five times to P303.94 million for the 11 month ending November 2012 from P49 million during the same period last year.

“For 2013, the DA has given us P183.771 million for premium subsidy insurance for 98,828 palay and corn farmers while the Department of Agrarian Reform contributed P1 billion for 224,036 Agrarian Reform Beneficiaries,” Mr. Cajucom said.

Wit h t hese additiona l budgets, he said PCIC is expecting the number of insured farmers will continue to grow in 2013.

Agri insurance coverage hits P10.63B

from page 2

where solar energy system comes.

Vice Mayor Law Fortun said the use of solar energy is timely as it is one of the best options available.

An energy coming from nature is one of the cleanest,

Poverty... from page 2

Prisci l la N. Ra zon sa id DSWD XI has 6461 MCCT beneficiaries to date. Razon said, “the DSWD systems are in place to help our MCCT recipients successfully journey through the five-year program period. We hope there will be more CSOs joining us in carrying out the MCCT as they are more creative and more innovative in program implementation and management. We really

need to partner in helping out the poor move up to non-poor category.”

Alfredo M. Sy, DSWD focal person on CSO also lauded the good track record of the five CSOs. “We didn’t have a hard time reviewing and screening their proposals and other documentations since they are also active in other DSWD engagements and they are familiar with the DSWD processes. We have been work ing together in the past.”

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Villar’s Vista Land company to sell all treasury shares THE BOARD of property developer Vista Land & Lifescapes, Inc. has cleared the sale of all the company’s treasury shares to take advantage of perceived strong investor demand and in a bid to boost liquidity, the Villar-led firm said in a disclosure last week.

“On Jan. 3, the board of directors of Vista Land authorized the company to sell all of its existing treasury shares totaling 133.91 million shares to meet demand from investors and increase liquidity of the company’s shares of stock,” the disclosure read.

Vista Land’s management team was tasked to determine the terms and conditions of the planned

share sale.

“The board likewise authorized the implementation of all necessary corporate and other actions to proceed with the sale of the aforementioned treasury shares, and further authorized and empowered management to determine and decide on the price at which the treasury shares shall be sold,” the disclosure added.

The Philippine Stock

Exchange defines treasury shares as “shares of stock which were previously issued and fully paid, but subsequently reacquired by the issuing corporation by purchase, redemption, donation, or through some other lawful means.”

Treasury shares are not considered outstanding, are non-voting and are not included in dividend issuances.

MORE TRADING Ricardo B. Tan, Jr., Vista Land chief financial officer and compliance officer, said in a text message yesterday that the planned sale would unlock more shares for pub-

lic trading, hence, beefing up the firm’s liquidity.

“There was significant foreign demand for these blocks of shares, and the company wanted to add liquidity. With the treasury share sale, there will be more shares available for trading in the open market,” Mr. Tan explained when asked to elaborate.

This was echoed by a market analyst.

“Selling means more shares that can be traded by investors, hence more liquidity. Why would they sell it? To profit,” Jose Mari B. Lacson, head of research at Campos Lanuza & Co.,

Inc., said in a separate text message.

Vista Land, founded by Senator Manuel B. Villar, Jr., has so far delivered about 200,000 units to buyers since 1977, and claims to have a presence in over 50 cities and municipalities nationwide, according to the company’s Web site.

The firm grew its net income by 23.76% to P3.23 billion as of September from P2.61 billion in the same nine months last year, thanks to robust sales of the firm’s f lagship, Camella Homes.

In the same comparative periods, revenues expanded by 22.88% to P13.21 billion

from P10.75 billion, while cost and expenses accelerated by 25.13% to P9.81 billion from P7.84 billion.

Vist a L a nd operates through five business units, namely: Brittany Corp.; Crown Asia; Camella Homes; Communities Philippines, Inc.; and Vista Residences, Inc. Last month, Vista Land said that it expected capital expenditures this year to exceed P18 billion, higher than the P15-billion budget it set last year, amid expectations of robust demand for real estate to be driven by consumer sentiment upbeat on the economy’s prospects.

Ayala to start development of Gatchalian properties SUBSIDIARIES of Ayala Land Inc this year will start developing the properties owned by Philippine Estates Corp (PHES) in Valenzuela

and Cavite.

In a disclosure to the Philippine Stock Exchange, the Gathchalian-led real estate firm said that as landowner,

PHES will be entitled to receive payment as the property is planned and developed, which will hinge on market demand.

Supplier sa G-Melina nga kahoy para sa TARIMA nga pididos-nakdawon.

TAWAG LANG SA :

0923-574-6103 Republic of the Philippines REGIONAL TRIAL COURT MISAMIS ORIENTAL 10TH Judicial Region Branch 18 Cagayan de Oro City

IN THE MATTER OF THE CANCELLATION OF AND CORRECTION OF ENTRIES IN THE BIRTH CERTIFICATES OF MINORS HONEY PIE GASPAY ESTRADA, JENNIFER GASPAY ESTRADA AND JERILLE GASPAY ESTRADA,

SPEC. PROC. CASE NO. 2012-068

AURORA BATICA GASPAY and JERRY O. ESTRADA, Petitioners, VERSUS THE CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent x__________________________________x

ORDER The instant Amended Petition filed by the petitioners, Aurora Batica Gaspay and Jerry O. Estrada (hereafter petitioners), seeks the correction of the entries in the following: The Date and Place of Marriage Parents in the Certificates of Live Birth of Honey Pie Gaspay Estrada, Jennifer Gaspay Estrada and Jerille Gaspay Estrada: Date of Birth of Honey Pie Gaspay Estrada: Mother’s Maiden Name in the Certificates of lo Live Birth of Honey Pie Gaspay Estrada and Jerille Gaspay Estrada:

From :

“ January 15, 1993, Southern Leyte”

To:

“None”

“October 17, 1997”

“October 27, 1997”

“Rory Batica Gaspay”

“Aurora Batica Gaspay”

Finding the Petition to be sufficient in form and substance let the initial hearing of this case be set on March 27, 2013 at 8:30 in the morning before this Court let a copy of this ORDER be published at the expense of the petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City.

Respondents Local Civil Registrar of Cagayan de Oro and the National Statistics Office and any person having or claiming any interest on the entry whose correction is sought may within fifteen (15) days from notice of this ORDER or from the last date of publication thereof.

File their opposition/comments and appear at the scheduled hearing.

Furnish copies of this ORDER, together with the Petition and its annexes, to the Office of the Local Civil Registrar of Cagayan de Oro, the Office of the Solicitor General and the National Statistics Office, Manila.

SO ORDERED December 3, 2012 Cagayan de Oro City

BWM: Dec 24, 31 2012 & Jan 7, 2013

Dennis Z. Alcantar Presiding Judge

“The receipts/proceeds from the projects will be good cash inf low for use by the company for its operations, and the venture with experienced developer partners will give PHES the exposure in new project areas and methodologies, and are good complements to the company’s portfolio build-up,” the firm said.

Last month, PHES entered into separate agreements with Ayala Land units Avida Land and Amaia Land to develop the Plastic City property in Valenzuela City and lots in Cavite, respectively.

Situated within an area “with redevelopment potential suitable to address the needs of the city,” the Plastic City property will

host primarily residential projects.

The agreement with Avida Land covers the initial development of 2.3 hectares out of the 17-hectare master plan, with the objective of improving the entire 60-hectare property, Ayala Land president Antonino Aquino said in a previous interview.

Aquino had said Avida Land will develop mediumrise structures in the property, which is envisioned to become a mixed-use complex that will house not just residential, but office and retail establishments as well.

The Cavite property is located in an area “that has long been regarded as a vibrant residential community at the affordable market

segment.”

“Both Amaia and Avida were chosen because these developers share the same development vision for the planned community, and because they are well capable of carrying out the township developments,” said PHES. “The agreements will allow seasoned developers to unlock the full potential of the company’s properties which have been land-banked for the right development opportunity,” the company said.

Incorporated in 1983 as Philippine Cocoa Estates Corp, PHES changed its main purpose from agriculture to real estate in 1996 after the Wellex group gained majority control of the company.

Bayad Center-LBC tie-up provides bills payment, forwarding services THE operator of the Bayad Center chain of bills payment outlets and LBC Express Inc have partnered to allow customers of either company to tap the other’s network.

Through the partnership, LBC customers can claim cargo and money sent to them in the 1,700 Bayad Center outlets nationwide.

In turn, payments for Bayad Center’s 160 client-institutions can be made at LBC’s more than 1,000 branches.

“In Metro Manila alone, both LBC and Bayad Center each have over 50 0 branches. The agreement effectively doubles their presence and reach in the country’s capital,” the two companies said in a joint statement.

“For now, our shared goal is to significantly grow the volume of our bills payment businesses by tapping into each other’s network across t he countr y. The future is promising for both companies, especially as we extend our reach further with our own branches and partnerships. With LBC’s network and experience in

cargo and courier services, as well as its business solutions, combined with Bayad Center’s presence, we are exploring other avenues that benefit not only our companies, but also our customers,” said Manuel Lorenzo Tuason, CIS Bayad Center president and chief executive.

“LBC Express and Bayad Center are both pioneers in our respective businesses—courier and cargo, and bills payment. The partnership leverages our primary strengths: our combined 70-plus years’ experience in our specific industries, our shared vision to be the preferred service provider of our customers, and our ever-expanding network.

This is just a first step in providing more ser vices that Filipinos need to make their daily lives more convenient.” LBC Express president Fernando G. Araneta said.

CIS Bayad Center is a Meralco subsidiary. Manuel V. Pangilinan chairs Manila Electric Co and TV5, of which InterAksyon.com is the online news portal.

Feature

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Monday-Tuesday I Jan. 7-8, 2013

11

MENTORING:

“Assisting and assessing one’s performance for him to become the person he wants to be”

By OMAR HUSSIEN

The Greeks have been invading all aspects of human life.

Proofs of it are various contemporary words and terms named after Greek characters, history, and civilization. Mentoring as a noble endeavor came from the Greek myth character Mentor. He was

Cruz... from page 6

realities. Though sad, it is true among other things.

The repetitions made by clocks, signified by days of the week and mentioned by calendars are but man-made inventions. The holding of

Bunye... from page 6

lier rules through the issuance of BSP Circular 748 has allowed banks to better attune product design to the peculiarities and cycles of various types of crops.

Product innovations in micro-agri shall now be approved for as long as the banks demonstrate t hat they have the appropriate risk management systems in place.

The BSP has likewise issued Circular 746, which allows microfinance clients to continue to enjoy exemp-

Inflation... from page 1

increases in the index heavyweight food and beverage group.

On Thursday, BSP Governor Amando M. Tetangco Jr. said there was no need to bring down further the central bank’s policy rates.

He said current rates are

NBI... from page 1

this,” he added.

Villar, also the Nacionalista Party president, said this scam discredits the foundation that have been in the forefront of programs to benefit the marginalized sectors of society.

Bombo... from page 1

PINES…FOR THE WORLD, the Top Level Management Conference will discuss the Network ’s best practices distilled through years of application in various settings as well as creative innovations that helps it to be continually relevant to the lives of its listeners in the digital age.

Founded through hard work and honed through

hired by King Odysseus to take charge of his son Telemachus.

Goddess of wisdom Athena then came into the picture when she visited Telemachus in disguise of Mentor for her practical plans. Eventually, because of Mentor’s relationship to Telemachus and Athena’s encouragement to him; Mentor has been adopted in English as a term referring to someone who imparts wisdom and shares knowledge to a less experienced one.

The mythology itself is a useful basis nowadays as to how mentoring should be. The story

time via stopwatches is purely artificial. The observance of anniversaries – be these secular in nature or religious in significance – is but the fruit of human initiative. The word “again” is irrelevant to time.

But provided the truth is accepted or reality is acknowledge, “HAPPY NEW YEAR!” tion from the submission of documents such as income tax returns and financial statements when availing of a loan.

This exemption, which will continue through December 31, 2014, will ensure that microentrepreneurs and SMEs continue to be able to access financial services through simple documentation.

Note: My book “Central Banking for Every Juan and Maria” is now available at Fully Booked, Bonifacio Global City. Please call 858 7000, 858 7004 or 858 7036 to reserve your copy. enough to sustain the Philippines’ economic growth, which in the first 9 months of 2012 averaged 6.5 percent.

Last year, the BSP reduced its policy rates by a combined 100 basis points, bringing the overnight borrowing and lending rates to record lows of 3.5 percent and 5.5 percent, respectively.

(PNA)

gives us the idea that mentoring – as early as the ancient times of Greece – involves relationship, encouragement, imparting wisdom, and sharing knowledge. In our class in Management of Instructional Supervision on 25 August 2012, Dr. Olga C. Alonsabe – being one of the noble mentors in Capitol University – had her lecture on mentoring not in its compliance purpose as mentoring nowadays is embedded in the National Competency – Based Teachers Standards

(NCBTS) and the Competency Based – Performance Appraisal System for Teachers (CB–PAST), but mentoring as one of the essentials of good instructional leadership.

With the learning I had, I now realize that mentoring is as noble as teaching. After all, the two are synonymous in some sense – as mentoring is teaching and teaching is mentoring.

As a Ph.D. student of Educational Management, I believe mentoring is truly

a journey of both parties concerned – the mentor and the mentee. Collaboration has now become a virtue in mentoring as the mentor and the mentee build a relationship of sharing where both of them develop in the process. One may ask, “In a sea of fishes where nobody takes the lead in mentoring, what then is likely to happen?” The answer is simple as the saying goes “In an island of the blind, one eye is the king”.

Insights about mentoring

like the classical thought of John Wesley and the contemporary notion of Stephen Covey are truly of great use for mentors in this generation.

The ideal qualities of a good mentor may be as heavenly like stars up above but at least those qualities serve as gabay as we pursue to actual mentoring in the real world.

Mentoring must be open to new ideas as the main purpose of education is to replace an empty mind with an open one.

Division Gender and Development Advocacy, Team Building Activity and Gift Giving December 19, 2012, 9:00 A.M – 2:00 P.M

By Erik P. Valcorza

A thirty to forty five minute drive from Cagayan de Oro City proper to an uphill location of Palalan Elementary School-East II District, Division of Cagayan de Oro, a sitio of Barangay Tablon Cagayan de Oro City where the Division Gender and Development Advocacy, Team Building Activity and Gift Giving took its place. The programmed was pioneered by the Schools Division Superintendent Mrs. Elena M. Borcillo, CESO VI of the Division of Cagayan de Oro. Instead of having an exclusive Schools Divisions party Mrs. Borcillo (Schools Division Superintendent CESO VI of CdeO), together with Dr. Reynaldo E. Manuel (Assistant Schools Div. Superintendent) decided to throw off the party and launched its Division Gender Advocacy, Team Building Activity and Gift Giving to the

Cimagala...

less fortunate pupils here in Palalan Elementary School.

The program was supported

by Mrs. Edna L. Maghinay (Admin. Offficer),Mr. Arnel A. Calubag (Acc. Sec),Mr. Rodulfo Jun Bayeta (Planning Sec.), and Dr. Baldomero Mark Meso III (Medical and Dental).

The activity was coordinated with Dr. Mary Ann Allera (Monitoring Supervisor-East II District of CdeO) and Dr. Maria Virgita E. Alingig

(District Supervisor-East II District of CdeO). With the Faculty and Staff of Palalan Elementary School represented by Mr. Loreto C. Llaban (School Head of Palalan E.S.) The program was successfully launched with the support of Honorable Romeo Baccaro (Bgry. Captain of Tablon Cagayan de Oro City) LGU of Cagayan the Oro City. The highlight of this event was the turn-over of the gifts to our dearest pupils of Palalan

Elementary School. Everybody was delighted upon receiving its gifts coming from our Santa Claus. The overwhelming joy and smiles of elementary pupils pays-off the long and hard uphill travel at Palalan Elementar y School. More Power and Blessings to all who supported this program especially to Mrs. Elena M. Borcillo (Schools Division Superintendent of Cagayan de Oro City Philippines Region X).

The gift-giving event done at Palalan Elementary School.(Right Photo of Mrs. Elena M. Borcillo Schools Division Superintendent of Cagayan de Oro City) (Left Photo of Dr. Reynaldo E. Manuel Assistant Schools Division Superintendent together with Mr. Loreto Llaban, Dr. Maria Virgita Alingig, and Mrs. Edna L. Maghinay)

confusing atmosphere we are getting into, and especially now that our government has sadly enacted into law a Reproductive Health Act, we have to be more conversant with the intricacies of bioethics.

Church leaders, I think, should tack le this cha llenge squarely, educating the main agents of formation adequately. The clergy, the religious persons, the catechists and other lay faithful actively working in the Church, should have some basic grounding on bioethics.

This is not going to be

an easy task. We have to go over a formidable learning curve. But if we persist, if we continue to move on in spite of the difficulties, mistakes and failures that can come our way, time will come when bioethics can become a clear science that is appreciated by everyone.

In life, we need to dream

even if at the moment such dream would seem impossible. Saints have proven that dreams, with God’s grace and our all-out effort, can come true. In fact, they have shown that their dreams oftentimes have fallen short of the reality that came later.

Let’s face the challenge of bioethics boldly!

Earlier, the foundation Managing Director, Cynthia Villar, denied that the foundation is sponsoring an ongoing raff le promo.

One text message, coming from a certain Rodel Enriquez states: “Congratulations, your SIM no. won P580,000 from the Villar Fou ndat ion for its 20t h

anniversary, per DTI-NCR per m it no. 032 8 S er ie s 2012.” “ T he sca m mers even included in the message a DTI permit number and the name of a person, who is misrepresenting himself as my secretary, to make it appear legitimate. However, we would like to inform

the public that the Villar foundation has no ongoing raff le promos or contests,” said Cynthia Villar.

Another version of the text says there is a Pamaskong Handog by the Villar Foundation.

She also urged all those who will receive the bogus text message to immediately

report to their office, contact details of which can be found on its website http:// www.villarfoundation.org/.

“The only thing true or factual about the text scam is that Villar Foundation is celebrating its 20th year anniversary,” said the former Las Piñas Representative, who added that this is not

the first time that text scams were circulated to malign the Villar name.

In 2010, text messages claiming to be from Senator Ma n ny Vi l la r’s a lleged housing foundation ‘Handog-Pabahay sa OFW’ and promising cash rewards for overseas Filipino workers (OFWs), also circulated.

a resiliency of spirit very much ref lective of its small city roots, Bombo Radyo Philippines personnel under the able leadership of media mogul and business guru Dr. Rogelio M. Florete, has remained the top choice for advertisers and politicians alike who aspire to bring t heir product and their advocacies into the consciousness of people from all walks of life.

A stickler for thorough planning, correct imple-

mentat ions a nd encompa ssi ng fol low t h rou g h for effective results, Dr. Florete’s hands-on brand of le ader sh ip ha s b e en passed on and mentored to his children, Executive Vice-President Rogelio C. Florete, Jr and Senior VicePresident Margaret Ruth C. Florete and in turn to the Network’s officers and rank and file.

With the Philippines in the cusp of an economic breakthrough and every-

one looking forward to an interesting 2013 with its mid - term elections, the Network has embarked on a 100 million equipment and logistics upgrade that will enable it to be of better service for its listeners.

Bombo Radyo Philippines is indeed Made in the Philippines…for the World, as the Pambansang R adyo ng Pi l ipi na s ha s taken into consideration the Filipino wherever he might be in this country or in the

world. With Bombo Radyo Philippines, the heartbeat of the Pinoy pulsates, in its totality while the innovation of the Network makes a world class product worthy of the numerous awards it has been cited for. So be it news, information and entertainment, Bombo Radyo leads the way, crystallizing public opinion and helping in nation building. Its brand of corporate social responsibility that reaches out to the poorest of the poor has

also enabled the Filipino wherever he might be help to his needy “kababayan” by sharing his blessings. The Networks numerous promos has not just launched unknown products to the consciousness of the consumers but helped those who are in need get a glimmer of hope to improve and better their lives. Indeed the Philippines’ radio listeners’ march to the cadence of a common drum… Basta Radyo…Bombo!

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