BusinessWeek Mindanao (May 25-31, 2013 Issue)

Petron eyeing to build 1,000 station in 4 years

ASEAN cocoa leads the way Page 2

The Night Stalker: Pasiyo ta MisOr

Rotating brownouts back in Surigao Norte

Page 3

Page 12

Page 5

BusinessWeek MINDANAO

YO U R N O R T H E R N A N D S O U T H E R N M I N DA N AO B U S I N E S S PA P E R

P15.00

May 25-31, 2013

Volume III, No. 193

P27-B rural dev’t program signing slated on May 28 All Mindanao regions proposed PRDP projects approved

D

Cheng Ordonez, Editor-in-Chief

AVAO CITY -- The National Economic Development Authority (NEDA) Board, chaired by President Benigno SC Aquino III, is set to approve the Philippine Rural Development Program (PRDP) worth P27 billion, covering 16 regions and 80 provinces in the country, Sherwin B. Manual, information and advocacy specialist of the Mindanao Rural Development Program (MRDP), in a telephone interview, revealed.

Manual said all regions in Mindanao have been allotted for their respective projects in rural areas under the PRDP. The National Economic and Development Authority – Investment Coordination Committee (NEDAICC) Cabinet Committee and Technical Board (CCTB) jointly approved last month DA’s PRDP with no less than Secretary of Socio-economic Planning Arsenio Balisacan informing, through a communique, Agriculture Secretary Processo J. Alcala.

The approved total project cost for PRDP is P27.535 billion

consisting of P20.553 billion loan from the World Bank; P3.579 billion as national government counterpart; P3.118 billion equity of the Local Government Units, and P287 million grant from the Global Environment Facility (GEF).

Manual said the approval of President Aquino on Tuesday is merely ceremonial since the technical board of NEDA has already approved it, even as he said that a parallel processing and approval

by World Bank follows.

“All provinces in Mindanao have been indicated as okay for signing/PAGE 11

ASEAN energy chiefs to discuss inter-connected power grid plan PHNOM PENH -- Leaders of ASEAN p ower ut i lit ies and authorities gathered here on Thursday to follow up the progress of the ambitious ASEAN power grid action plan which was set to inter-connect power lines in the 10 ASEAN member states by 2020.

Speaking to reporters after the opening of the 29th meeting of the Heads of ASEAN Power Utilities and Authorities Council, Keo Rottanak, director general of the Electricity of Cambodia, said the meeting enabled the bloc’s member states to be informed of the latest development and development objectives of the energy sector in

each ASEAN country.

“Heads of ASEAN power utilities will discuss ways to accelerate the development of energy sector in order to fully realize ASEAN power grid by 2020 under the ASEAN Vision 2020,” he said.

Meanwhile, Rottanak said that by 2020, about 80 percent of the Cambodian population would be able to access to electricity.

Ith Praing, secretary of state at Cambodian Ministry of Industry, Mines and Energ y, said that the regional power grid interconnection would be the main driver for green energy and reduced damages to the environment.

“To achieve this objective, it requires a more effective framework of regional cooperation,” he said at the meeting.

Musa Bin Metali, acting director of the Department of Electrical Services of Brunei, said at the ASEAN/PAGE 11

Agriculture Office chief Leonardo Avila III shows the vast potential agricultural lands of Davao City, which has 162,000 hectares of lands classified as agricultural. mindanews photo

Farmers in Barangay Midpapan in Pigcawayan, North Cotabato remove the weeds from their rice field on Wednesday, February 15. Most of Pigcawayan’s lands are devoted to agriculture with rice and corn as major crops. mindanews photo by ruby thursday more

PHL eyed as ‘design hub of Asia’ MINDANAO’S very own Senator Teofisto “TG” Guingona III has lauded the signing of Republic Act 10557, otherwise known as the National Design Policy Law, which he said would spur economic growth in the country. ”The government can utilize and

harness design not only to produce innovative Filipino products, but also to create solutions for social problems,” Guingona, principal author of the newly-signed law, explained.

“The term ‘design’ does not refer to mere aesthetics. Ultimately,

in this modern world, design is a problem-solving tool that is geared towards improving the quality of human life,” he added.

The new law enforces the policy of the government to enhance the competitiveness and innovation PHL/PAGE 11

Villar launches first plastic recycling factory in the Metro Senator-elect Cynthia Villar wasted no time in fulfilling her promise of creating livelihood to the poor, while protecting the environment.

She, together with Las Pinas Rep. Mark Villar and Sen. Manny Villar, recently inaugurated the first Waste Plastic Recycling Factory in Metro Manila, which turns plastic wastes into durable school chairs that could last up to 20 years.

“We have a lot of plastic wastes here in Metro Manila. When disposed improperly, these result in clogging of our drainage and eventually cause flooding, spread of diseases, and many others. So we thought of processing these plastic wastes and come up into something useful. That is when I read about this technology in Davao, which processes plastic wastes into school chairs,” relayed Mrs. Villar.

Villar went to Davao herself to witness if the technology is really working.

Villar/PAGE 11

Mr. Winchester Lemen (in green shirt), inventor of the technology processing plastic wastes into useable school chairs, shows Senator-elect Cynthia Villar and Las Pinas Cong. Mark Villar how the recycling process works during the inauguration of the first Waste Plastic Recycling Factory located in Brgy. Ilaya, Las Pinas. Lemen, President and CEO of Envirotech Waste Recycling, Inc., introduced the technology to Mrs. Villar who brought it from Davao to Manila.

Editorial and advertising email : businessdailymindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

BusinessWeek

2

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

Economy

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

ASEAN cocoa leads the way

progressing very well, but we still need to address and take priority measures to further develop and sustain it,” he said.

There are still vast areas of cooperation that should be planned and undertaken by the ACC to meet ever-

changing global market that is increasingly become very competitive, Lamin said.

Dr Phan Huy Thong, chairman of the Vietnam C o c o a C om m itte e and director general of the National Agriculture cocoa/PAGE 7

HA NOI -- Vietnam should maintain a single digit inflation level for three coming years to achieve its economic growth target, experts said at a Tuesday conference conducted by the Academy of Policy and Development.

According to Nguyen Thac Hoat, the economic downturn, the inflation rate in the 2013-15 period should be controlled at about 7-7.5 per cent.

“This is to allow gross domestic product (GDP) to grow at an average of 6.5-7 per cent per year as targeted by the National Assembly,| he said.

A report at the conference said that economic growth and inflation in Viet Nam were somehow inversely related.

Statistics showed that in 2004-06, inflation was within 7-9.5 per cent and GDP growth at 8-8.5 per cent. However, in 2010-11, when inflation rocketed to double-digits, GDP grew at only 6-6.8 per cent. growth/PAGE 7

ZAMBOANGA CITY -– A group of Korean businessmen is eyeing to pour investments in this southern port city.

Mayor Celso Lobregat said Thursday the group has discussed with him possible invest ment sp e cif ica l ly potential options to address the power needs of the city.

The Korean businessmen led by Lee Ik Hwan and Alex Huang on Tuesday paid a courtesy call on him at City Hall.

Lobregat said the group has proposed the construction of a solar power

plant as a possible longterm solution to the power shortage in this city.

The more than 150,000 electric consumes in this city experienced eight to nine hours of daily brownouts before the May 13 mid-term polls.

The electric consumers here are again set to experience three to four h ou r s d ai ly rot at i on a l blackout after enjoying an uninterrupted power service for the past few days due to the holding of the mid-term elections.

The Korean businessmen have told Lobregat that solar energy is cheap but the initial investment to construct the power plant will involve a considerable amount.

They are scheduled to present tomorrow, Friday, t he i r prop o s a l for t he construction of a solar power plant to the Zamboanga City Electric Cooperative (Zamcelco) Board.

Lobregat said he welcomed the Korean businessmen’s interest and the idea of the solar power plant. bizmen/PAGE 7

By Xuan Huong

HO CHI MINH CITY -- ASEAN members should strengthen cooperation and take priority measures to ensure the region remains a primary source of cocoa in the world.

Kelvin Lamin of the Malaysian Cocoa Board made the statement yesterday while speaking at the 16th meeting of the ASEAN Cocoa Club organized by the Vietnam Cocoa Committee in Ho Chi Minh City.

The meeting dealt with ASEAN cooperation and joint approaches in agriculture as well as a forestry products promotion scheme.

Lamin, who is the Malaysian board’s deputy director general and chaired the meeting, said ASEAN has become one of the world’s foremost supplier of several major food and agriculture commodities including cocoa.

“It is a fact that ASEAN now has become an important source of not only cocoa beans but also semi-processed

cocoa products such as cocoa liquor, cocoa butter, cocoa cake and cocoa powder for chocolate manufactures and confectioneries in different markets in the world,” he said.

“This shows that ASEAN cocoa marketing has changed from beans-dominated to value-added products,” he added.

As a whole, ASEAN memb ers are the third largest producer of cocoa beans in the world and the largest in the Asia and Oceania region, producing an estimated 495,400 tons of cocoa, accounting for about 12.4 percent of the total world cocoa production at the moment.

The regional bloc is also the largest cocoa processor

in Asia and Oceania region, contributing about 75.3 percent of the total cocoa grinding in this region and about 16.8 percent of the total world cocoa grinding in the 2012-13 season.

“No doubt, the cocoa i ndust r y i n ASE A N is

Plaza Rizal in Zamboanga City, as viewed from the second floor of the Zamboanga City Hall, looking much the way it did when it was built at the turn of the last century, is fast becoming a hub for Korean investors. photo by mike baños

Vietnam improves seafood quality H A N O I - - T h e U. S .

Department of Commerce (DoC) has decided to increase anti-dumping duties on tra fish imported from Vietnam by an additional US$ 0.52 to US$ 1.29 per kilo, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

Association secretary Truong Dinh Hoe said the tax hike was made after the U.S. checked errors in the calculation of the previous tax, saying the increase was consistent with the calculated data.

In Ma rc h , t h e U. S . imposed a high tax rate of $ 0.77 per kilo on Vietnamese tra fish. It chose Indonesia as the sole benchmark country to calculate the anti-dumping rate, VASEP said.

On a brighter note, Japan,

one of the leading importers of Vietnamese seafood, has lifted a regulation that imported Vietnamese shrimps must be tested for trifluralin, a type of antibiotic, it said.

The regulation has been applied to all kinds of shrimps imported from Vietnam since October 2010.

The ban led to a close watch on the industry -- from shrimp breeding to final processing -- by Vietnam’s Ministry of Agriculture and Rural Development.

However, experts believe Vietnam is heading in the right direction in controlling seafood quality.

To push up the export turnover of seafood to the Japanese market, deputy director of the Department of Fisheries Nguyen Huy Dien said localities needed to

further focus on preventing shrimp diseases.

In addition, Dien said it was also necessary to pass on shrimp raising methods that ensured low Ethoxyquin content, an anti-oxidant substance popularly used in preserving aquatic feed.

In the first four months of this year, Japan imported shrimp worth more than US$ 168 million from Vietnam, an increase of 2.4 percent compared with the same period last year.(PNA/VNS)

Low inflation, key for growth

Korean bizmen eye investing in Zambo

GrainCorp calls for foreign investment in Australian agriculture SYDNEY -- Aust ra lian agriculture needs foreign investment if it is to take full advantage of the global food boom, GrainC orp CEO Alison Watkins told agribusiness representatives Thursday.

Speaking at a Committee for the Economic Development of Australia (CEDA) forum in Sydney, Wa t k i n s e n c o u r a g e d Australians to move past prejudices about foreign investment and think big about global markets.

“Australian investors, including growers, have demonstrated that they don’t have the capacity or the appetite for the level of investment that’s required to realize the opportunity from

agriculture,” Watkins said.

Australia’s potential ability to profit from the so-called “dining boom” as global populations rise over the next 40 was estimated at up to USD1.7 trillion by an ANZ report released in October 2012.

However, the report also found that it will require up to an estimated USD1 trillion of additional investment capital to capture the boom. “ That’s about threequarters of our current GDP. It’s very unlikely that that investment will all come from Australia,” Watkins said.

Foreign investment is still a controversial topic among Australians, some of whom fear foreign ownership.

However, Watkins said that

foreign investors have shown far more interest in putting money into GrainC or p projects than domestic players, and overseas investment is nothing new for Australian companies.

“I really believe that regardless of ownership, whoever has stewardship of these substantial assets is going to do everything they can to ensure that the company’s operating in a commercial and sustainable way,” she explained.

“A well-credentialed owner will invest well in our industry, generate prosperity for growers, communities, employees and customers.

It’s only reasonable that they should also earn a fair return foreign/PAGE 7

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

BusinessWeek

CorporateWorld

3

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

may 25-31, 2013

PLDT denies ‘weak signals’ causing delays in election returns’ transmission WITH respect to press reports that “weak signals” had caused delays in the transmission of election returns, we wish to state that the fixed and mobile networks of PLDT, Smart and Sun Cellular were fully f u n c t i on a l t h rou g h out t h e e l e c tor a l e xe rc i s e.

Transmissions actually sent through our networks were promptly delivered to the COMELEC and PPCRV servers in Manila.

In f a c t , C OM E L E C Chairman Sixto Brillantes Jr., in a press briefing Wednesday

(May 15), said weak signals were not the major reason for the slow transmission of election returns.

He said that: “Yung mga walang signals do affect the transmission through the province or the city to dito sa amin – pero di masyado problema yun. A major problem in the transmission of PCOC and the City COC is really the disputes and the ‘incomplete’.”

It is worth pointing out that in the May 2010 elections, nearly 80% of the election results were

successfully transmitted to the central data servers of the COMELEC and the PPCRV 12 hours after the polling precincts were closed.

From a purely telecoms standpoint, there is no reason why a similar, if not better, result should have been achieved in 2013.

CAGAYAN DE ORO Main Branch P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN Branch B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES Branch Corrales Ave., Cagayan de Oro City DIVISORIA Branch Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN Branch Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a

Petron Corp. eyeing to build 1,000 stations in 4 years L E A DI NG oi l ref i n i ng compa ny Pe t ron C or p. recently built its 1,000th service station in Guiuan, Samar under its four-year old net work ex pa nsion program, bringing the total number of Petron stations in the country to nearly 2,100.

The program is anchored on the pioneering microfilling or “Bulilit” station concept -an easy-to-build station that can start with a few dispensing pumps but easily expandable as demand grows.

“The expansion helps empower Fi lipino entrepreneurs by giv ing t hem an opportunit y to partner with a company they trust. Much needed employ ment is a lso generated, especia l ly in rural areas, where the new stations are located,” the company said in a statement to t he Phi lippine Stock Exchange (PSE).

Building an average of 250 stations each year for four years is a record in the Philippine oil industry.

Began in 2009, Petron’s network expansion program is instrumental in increasing t h e c omp a ny ’s m a r k e t presence and in maintaining its leadership position.

Petron Chairman and Chief Executive Of f icer Ra mon S. A ng sa id t he network expansion program e n s u r e s t h a t P e t r o n’s prem iu m produc t s a nd services are more accessible to Filipinos.

“While we see our service station expansion program as a means to further reach out to our customers, we also view this as a manifestation of ou r c om m it ment to nationbuilding, one service station at a time,” said Ang. At t he end of 2 012 , Petron had 34.5 percent of the highly-competitive retail market. (PNA)

BRANCHES:

THE BEST CHOICE FOR ADVERTISING

o

YO U R C O M M U N I T Y N E W S PA P E R

TAR MAIN BRANCH:

Capt. Vicente Roa St. Cogon, Cagayan de Oro City Tel No. (0882) 857-4930

CONTACT ADS DEPT: 0917-7121424 0947-8935776 856-3344, 72-33-44

Visit our website at www.panasonic.com.ph

002 DESMARK CORP. G LAVINIA ST VALENCIA CITY 8709

(088) 828-2051

003 DESMARK CORP. 0004 SAYRE HIGHWAY DON CARLOS SUR DON CARLOS BUKIDNON 8712 004 DESMARK CORP. NATL HIWAY TAGLATAWAN BAYUGAN CITY AGUSAN DEL SUR 8502

08822-62594 (085) 830-2128

005 DESMARK CORP. CARISMA BLDG. GEN SANTOS DRIVE ZONE II KORONADAL CITY 9506 006 DESMARK CORP. BELISARIO BLDG. J.P. LAUREL AVE. BAJADA DAVAO CITY 8000 007 DESMARK CORP. SAN PEDRO COR ILUSTRE STS DAVAO CITY 8000

(083) 228-2058 (082) 224-6423 (082) 227-6438

008 DESMARK CORP. A VELEZ ST. CAGAYAN DE ORO CITY MIS ORIENTAL 9000 009 DESMARK CORP. MONTILLA BLVD. COR. ANDAYA ST. FORT POYOHON BUTUAN CITY AGUSAN DEL NORTE 8600

(088) 857-2456 (085) 816-0933

010 DESMARK CORP. ROXAS AVENUE VILLA VERDE ILIGAN CITY 9200 011 DESMARK CORP. MAGSAYSAY AVE CORNER ROSAS ST GEN. SANTOS CITY COTABATO 9500 012 DESMARK CORP. QUEZON AVENUE EXT. PALA-O ILIGAN CITY LANAO DEL NORTE 9200 014 DESMARK CORP. TOWNSVILLE PAVILLION ATEGA ST BRGY 11 CABADBARAN AGUSAN DEL NORTE 8605 015 DESMARK CORP. VELEZ-CRUZTAAL STS CAGAYAN DE ORO CITY 9000 016 DESMARK CORP. PUROK 3 SAYRE HIGHWAY POBLACION VALENCIA CITY 8709

(063) 223-3442 (083) 552-2123 (063) 223-8666 (085) 818-118844 (088) 857-2924 (088) 828-2051

017 DESMARK CORP. SAAVEDRA ST. TORIL DAVAO CITY 8000 018 DESMARK CORP. DALISAY GANTE ROAD MAGUGPO WEST TAGUM CITY DAVAO DEL NORTE 8100 019 DESMARK CORP. COR. QUEZON AND OSMENA ST., MAGUGPO CENTRAL TAGUM CITY DAVAO DEL NORTE 8100

(082) 291-4722 (084) 400-3305 (084) 400-3305

020 DESMARK CORP. 020 DESMARK CORP. J C AQUINO AVE TANDANG SORA BUTUAN CITY 8600

(085) 341-5116

021 DESMARK CORP. AQUINO STREET ZONE II KORONADAL CITY 9506 022 DESMARK CORP. J CATOLICO SR AVE LAGAO GEN SANTOS CITY 9500 023 DESMARK CORP. MAGSAYSAY AVE GEN SANTOS CITY 9500

(083) 228-4856 (083) 552-1421 (083) 551-2123

024 DESMARK CORP. DUPOINT BLDG., P-17 CALINAN DAVAO CITY 025 DESMARK CORP. MC ARTHUR HIGHWAY MATINA DAVAO CITY 8000 026 DESMARK CORP. BALANGAY 3 SAYRE HIGHWHAY QUEZON BUKIDNON 8715

(082) 295-0247 (082) 303-1010 (088) 222-5392

027 DESMARK CORP. NATL HI-WAY BGY 17 GINGOOG CITY 9014 028 DESMARK CORP. QUEZON ST BRGY. 2 SAN FRANCISCO AGUSAN DEL SUR 8501 029 DESMARK CORP. MARKETSITE POBLACION KALILANGAN BUKIDNON 8718 030 DESMARK CORP. ESPIRITU ST. MANGAGOY BISLIG CITY 8311 031 DESMARK CORP. NATIONAL HIGHWAY BRGY.17 GINGOOG CITY 9014 032 DESMARK CORP. SAN PEDRO STREET BARANGAY 3-A DAVAO CITY 8000 033 DESMARK CORP. CHIPECO BLDG., RIZAL ST., CALAMBA CITY LAGUNA 4027 034 DESMARK CORP. DUPOINT BLDG., JR BORJA ST., BRGY 37, CAGAYAN DE ORO CITY 035 DESMARK CORP. # 6618 SAN ANTONIO LOS BAÑOS LAGUNA 036 DESMARK CORP. SOUTH TIMBERLAND BLDG. KM 50 NATIONAL HIGHWAY BRGY. SAN CRISTOBAL CALAMBA CITY LAGUNA

(088) 861-4130 (085) 839-0318 (088)-222-5392 (086) 853-2255 (088) 861-4130 (082) 227-4849 (049) 834-3795 (088) 852-1072 (049) 827-0502 (049) 834-6336

037 DESMARK CORP. A REGIDOR ST POBLACION V SANTA CRUZ LAGUNA 038 DESMARK CORP. DUPOINT BLDG. PUROK 17 NATIONAL HIGHWAY CALINAN DAVAO CITY 039 DESMARK CORP. BRGY. NEW SOCIETY J.C. AQUINO, BUTUAN CITY 040 DESMARK CORP. BRGY. NUEVA, SAN PEDRO LAGUNA 041 DESMARK CORP. UNIT 1, 2 & 3 G/F CONSOLACION BLDG., NATIONAL ROAD, BRGY. DILA SANTA ROSA CITY LAGUNA 4026

(082) 295-0247

042 DESMARK CORP. J.P. LAUREL CORNER CARANDANG ST., BARANGAY 2, TANAUAN CITY, BATANGAS 043 DESMARK CORP. LEVEL 3, SPACE 3020 & 3021 CENTRIO CM RECTO AVE. CAGAYAN DE ORO CITY 044 DESMARK CORP. LEVEL 3, SPACE 3093 & 3094 CENTRIO CM RECTO AVE. CAGAYAN DE ORO CITY 045 DESMARK CORP. P. GUEVARRA ST. POB II SANTA CRUZ LAGUNA 046 DESMARK CORP. #25 J.P. RIZAL STREET BAGONG ILOG PASIG CITY

(085) 815-5478

323-1018 323-1018

BusinessWeek

4

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

EnergyWatch

NGCP announces proposed major power transmission projects

Technicians use candles to check their communication equipment after the local distribution utility cuts off the electricity of the National Telecommunications Commission office in Butuan City on Thursday, May 23, 2013, for non-payment of their bills. mindanews photo by erwin mascarinas

Rotating brownouts to return to Surigao Norte

By Vanessa L. Almeda

SURIGAO CITY – Residents and businesses in Surigao del Norte will have to brace for recurring daily brownouts after enjoying uninterrupted power supply since the May 13 elections, an official said.

“We expect another round of brownouts a few days from now,” Danny Escalante, general manager of the Surigao del Norte Electric Cooperative (Surneco), told reporters on Wednesday.

As of noon Wednesday, he said that there has been no load curtailment advisory from the National Grid Corp. of the Philippines for Surneco’s service area. “ There were already several cooperatives that have implemented rotational brownouts. We do not know why this has not b een implemented here,” Escalante said.

Surigao del Norte has a supply deficiency of five megawatts (MW) during peak demand, which is pegged at

26 (MW).

Therma Marine Inc. (TMI) currently supplies Surneco with eight MW from last month’s six. The staterun National Power Corp.

(NPC) also provides the distribution utility with 13 MW from last month’s 10.

Because of the power shortfall, Surneco could not serve mining companies Silangan Mining Corp. and Greenstone Resource Corp., which consume five MW each, Escalante said.

He said the interruptible load program pushed by the Department of Energy would have been an option but only two large companies have their own generator sets – Gaisano Capital and Pacific Cement Corporation

(PACEMCO).

But PACEMCO is limited to only serving “its day-today office operations and not its plant operations,” he added.

Escalante said the proposal to tap excess power from the 48 MW coal-fired power plant of Taganito HPAL (THPAL) has been trashed

by Japan’s Sumitomo, the former’s owner and developer of the nickel processing plant.

Sumitomo has acquired a stake at Nickel Asia Corp., the country’s largest nickel mining group.

“Their plant was basically built to serve them and it will be another expense if you try to get it out and connect to our transmission lines,” Escalante said.

THPHAL needs only 40 MW for its operation and it has an excess of eight MW, he added.

Escalante said they will employ modular generator

Mindanao linemen emerged champions in NGCP’s lineman’s skills competition

By Christine H. Cabiasa

CAGAYAN DE ORO -The Mindanao linemen representatives emerged as overall champion in the National Grid Corporation of the Philippines (NGCP) 1st Lineman’s Skills Competition h e l d at t h e L i n e m an’s Academy in Maria Cristina, Iligan City on April 23 to 25, 2013.

Four teams composed of 14 linemen coming from several districts in North Luzon, South Luzon, Visayas, and Mindanao competed during the three-day event.

After such intensive and exhilarating competitions, the Mindanao Region garnered a total of six gold medals,

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

two silver medals, and two bronze medals.

South Luzon came in second, followed closely by North Luzon and the Visayas.

Mark Emmanuel Villaspin, a lineman from North Luzon, was crowned ‘Rodeo King’ for garnering the highest score in the individual and group events.

The linemen were showcased in their full duty gear during the 10 events that they competed, particularly: Steel Pole Erection; Wood Pole Climbing; Rope Splicing; Pole Dressing; Conductor Riding; Knot Tying; Pole Undressing; Hurt Man Pole Top Resource; Bandaging,

Splints, and Transfer; and Emergenc y Restoration System (ERS) Installation.

The event was designed to display the unique skills and talents of linemen that are rarely seen by the public.

Atty Cynthia P. Alabanza, NGCP Spokesperson and Head of Corporate Communications, clarified that more than showcasing the competence and expertise of linemen, the competition is an opportunity to honor u ns u ng h e ro e s . NG C P linemen are the frontliners of our operations. This would give everyone a better appreciation of the risks they NGCP/PAGE 7

sets as another option to fill the supply shortfall.

Energy Secretary Carlos Petilla had issued “a marching order for t he mo du l ar generator sets to be in place

by November,” he said.

It is expected to provide additional 10 MW to Surneco’s supply. (Vanessa Almeda/MindaNews)

THE Cebu-Negros-Panay 230 KV Backbone in the Visayas is one of six major transmission backbone and interconnection projects in the country that the National Grid Corporation of the Philippines (NGCP) has proposed for an accelerated roll out in support to efforts to meet the energy needs of the country.

This and the other projects are in line with the longterm development plan of the country, which is presently anchored on the Philippine Development Plan (PDP) 2011-2016.

NGCP said in its in-house publication “Transmissions” that they are pushing for the accelerated implementation of the proposed projects in order to help address major challenges to the country’s main transmission grids.

This is in view of what NGCP called as the “aggressive construction timelines of new power plants, including those tapping Renewable Energy (RE) sources, which require grid reinforcements.”

The project will put in place a stronger transmission backbone and unified grid interconnected via the HighVoltage Direct Current (HVDC) system.

The other proposed transmission backbone and interconnection projects are the following: Laoag-Bangui and Tuguegarao-Magapit Segments in northern Luzon; Hermosa-Castillejos-Masinloc Line in the western Luzon backbone; Antipolo EHV, Pasay and Manila substations and Hermosa-San Jose Line in metro Manila; Batangas-Mindoro Interconnection; and, Leyte-Mindanao Interconnection.

NGCP also took into account the 2012 Power Development Program Update of the Department of Energy (DOE) wherein an additional generation capacity of 9,603.5 megawatts (MW) is expected to go online during the period covering 2012-2021.

Of this additional capacity, 8312.5 MW will come from conventional plants while RE-based plants will account for 1,291.0 MW. In pushing for these projects, NGCP also took into account other considerations such as the heavy loading and space limitations in existing substations serving the main load centers, thus requiring the construction of new substations and transmission lines, as well as right-of-way acquisition.

The projects are part of NGCP’s Transmission Development Plan, which is aligned with the government’s energy program.

These will be implemented by stages subject to the approval of the Energy Regulatory Commission (ERC). (PIA)

Renewable energy advocacy congress aims to mainstream Mindanao power agenda

By Cheng Ordoñez, Editor-in-Chief

CAGAYAN DE ORO CITY — Organizers of an advocacy congress for renewable energy, rural electrification and development slated here on Monday vow to present value-focused energy sources, ranging from P4 per kilo watt hour (kwh) to P18/kwh, even as they accused the government for allegedly not including power agenda in the Mindanao Development Plan.

E n g r. D a v i d Ta u l i , spokesman for the Mindanao Congress of the Advocates for Renewable Energy and Rural Electrification and Development (MinCARED), said detailed presentation on the varying costs of power available for Mindanao cooperatives will be revealed to delegates during the MinCARED 2013 to be held on May 27-28, 2013, at the Xavier Estates Country Club Grand Convention Hall, here.

By his calculation, Engr.

Tauli said the costs of power available for Mindanao are as follows: P4/kwh –using hydro-powered, P6/kwh – solar-powered, P 8/kwh – coal-powered, and P18/kwh using modular gensets.

Engr. Tauli will also pres ent the alternative development plan, which

features renewable energy, local government ownership and Official Development Assistance (ODA) financing.

“Since LGUs can undertake their own energy projects under the Local Government Code, they have access to very cheap development grants and loans, which make it very much cheaper for them to develop indigenous energy supplies,” Mr. Tauli explained, “and since LGUs are not profit-oriented, they can afford to pass on these savings to the consumers.”

“I am not ideologically opposed to coal power plants. I am just saying, in considering solutions to the Mindanao power problem, all options should be taken into account, and not only coal,” he said.

“The delivered cost of electricity from these coal plants under construction will be at least P7.00 per kilowatt hours (kWh) by 2015-2016 when they come into operation. From 2016 onwards, power supply from hydroelectric power plants will be available that will cost at most P4.00 per kWh. Those built under the FIT scheme will cost much less at four centavos per kWh from all 280 MW of hydro plants

that will be built under the RE Law of 2008,” he added.

T h e As s o c i at i o n o f Mindanao Rural Electric Cooperatives (AMRECO), in partnership with the Mindanao University of Science and Technology (MUST), Institute of Power Sector Economics (IPSEc) and Mindanao Development Authority (MinDA) are the hosts of the said advocacy congress.

Clint Django Pacana, executive director of AMRECO, said some 500 participants will comprise the MinCARED 2013, representatives from the local government units, Mindanao governors and congressmen, non-government organizations, academe, civil society organizations, electric cooperative constituencies, media, private sector and other significant stakeholders.

Participants are invited to engage with decision-makers to grasp the importance of the power industry and to clarify the interests of Mindanao’s power future in multilateral negotiations.

Sec. Luwalhati R. Antonino, chairperson of the Mindanao Development Authority (MinDA), has been agenda/PAGE 10

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

News

BusinessWeek

5

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

may 25-31, 2013

Parts of Zambo, MisOcc still positive for red tide

By Christine H. Cabiasa

CAGAYAN DE ORO—The Bureau of Fisheries and Aquatic Resources (BFAR) continues to warn the public that shellfishes collected at Dumanquillas Bay in Zamboanga del Sur, Murclelagos Bay in Zamboanga del Norte, and Misamis Occidental are still positive for paralytic shellfish poison.

The statement was based on laboratory tests conducted

by BFAR and local government units (LGUs).

Visa Tan-Dimerin, BFAR region 10 director, said all types of shellfish and Acetes specie or alamang gathered around the areas identified are not safe for human consumption, prohibiting the public to harvest, sell and buy. However, squids and crabs are safe to eat provided that these are fresh and washed thoroughly, and internal organs such as gills and intestines are removed before cooking.

The remaining coastal waters of Misamis Oriental, Camiguin, and Lanao del Norte are still free from toxic red tides.

TF Davao troops extends help in Brigada Eskwela

READ!

www.businessweekmindanao.com

GenSan to conduct campaign Road accidents alarm authorities amid rising HIV/AIDS cases Death toll reaches 23

By Allen V. Estabillo

GENERAL SANTOS CITY — Authorities have raised alarm over the increasing number of deaths in the city due to vehicular accidents that already reached 23 cases since January.

Police Officer 3 Adolfo Yucampo, investigator of the city p olice’s traf f ic management unit (TMU), said Thursday their records showe d t hat t he d e at h cases caused by vehicular road accidents have been continually rising in the last several months.

He said most of these cases were mainly caused by traffic-related problems and the “lack of discipline” among the involved drivers.

“The situation is quite alarming since our record shows that there has been an upward trend in terms of the death cases due to these accidents in the last three years,” Yucampo said.

For this month, the latest death case involved media worker Salvador “Buddy” Peñafiel, who died after his motorcycle collided headon with a tricycle along the Fil-Am Road in Barangay Fatima before noon last Monday.

Peñafiel, 48, is a reporter of radio st ation dxGSRadyo Filipino and served as media coordinator of incumbent Mayor Darlene Antonino-Custodio in her failed reelection bid in the May 13 elections.

Yu c a m p o s a i d t h e i nc i d e nt i s st i l l u nd e r investigation and they have yet to determine the identity of the tricycle driver, who immediately fled on foot after the incident.

In 2011, Yucampo said they recorded a total of 16 death cases due to vehicular accidents and the figure increased to 34 last year.

TMU records showed that the number of vehicular accidents in the city last year reached a total of 2,153 cases, with 1,070 or about half involving single motorcycles.

The other half involved 786 cases for automobiles, 107 for tricycles, 103 for trucks, 78 for passenger

jeepneys and nine for buses.

Yucampo said some of the drivers involved in the recorded accidents have expired or not carr ying driver’s licenses and were driving unregistered vehicles.

“A significant number of these accidents involved drunk drivers,” he said.

Yu c a m p o r e m i n d e d vehicle owners and drivers in the city to abide by the city’s traffic regulations, including the wearing of helmets and other protective gears for those who are driving motorcycles.

“They should also follow the prop er road safety driving measures and observe road courtesy while driving,” Yucampo said.

He added t hat t he TMU will continue with its mandate to educate local vehicle owners and drivers regarding traffic regulations and safety measures as well as the apprehension of traffic violators as a strategy to ensure road safety within the city. (Allen V. Estabillo/ MindaNews)

By Allen V. Estabillo

GENERAL SANTOS CITY — The city government will launch on Friday a series of advocacy and education activities on the deadly human immunodeficiency virus and acquired immune deficiency syndrome (HIV/ AIDS) in observance of the 30th International AIDS Candlelight Memorial.

Dr. Mely L astimoso, coordinator of the City Integrated Health Services Office’s (CIHSO) Social Hy g i e ne C l i n i c , s ai d Thursday the activity will mainly highlight the rising HIV/AIDS cases in the city and the local government’s ongoing efforts to address the problem.

S h e s a i d t h e y h av e pre p a re d e x h i bit s a n d presentations on the area’s HIV/AIDS situation, the city’s initiatives in combating its spread and the experiences of persons afflicted by the disease.

During the event, which will be held at the Robinsons mall here, the official said they will offer free HIV

s cre e ni ng for a l l lo c a l residents.

At 3 p.m., she said city officials and concerned groups will lead a candle l i g ht i n g c e re m ony “t o remember the fallen victims” and remind people about the risks as well as impact of the disease. “ The purpose of the candle lighting (ceremony) is mainly to remember the people who died of AIDS and for us to learn from their experiences,” Lastimoso said.

She said the presentations and discussions will include topics “on how to protect ourselves,” the importance of the HIV tests and the p r o c e s s e s i nv o l v e d i n availing the free treatment offered by the government.

“We’ ll b e t alking of people who had the disease and especially look at how they died. We call that the “killed presentation,” she said.

Lastimoso encouraged residents, especially those who engaged in risky sexual behavior, to take part in

their free HIV screening.

“The tests or screening are free of any charges and the results will be treated as confidential,” she assured.

The city government has been offering free HIV/AIDS screening through the Social Hygiene Clinic as part of its efforts to help curb the spread of the disease in the area.

The clinic conducts the initial HIV screening and later submits the collected samples to the Department of Health’s (DOH) STD (sexually-transmitted diseases)/AIDS Cooperative Central Laboratory in Manila for confirmatory tests.

The CIHSO reported earlier this week that the city’s confirmed HIV cases have so far reached 77, 22 of which were only found this year.

At t he end of 2012, CIHSO records showed that the city’s confirmed cases of HIV — the disease that causes the deadly AIDS — have already reached 55. campaign/PAGE 7

BusinessDaily When you’re in Cagayan de Oro City, read...

CREDIBLE

RELIABLE

IN-DEPTH

Email: businessdailymindanao@gmail.com, businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

BusinessWeek

6

Opinion

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

Statement from the Office of the Republic of the Philippines On the 2013 midterm elections The Filipino people in great numbers undertook their civic duty to determine who would receive a mandate in the legislature and in local governments across the country.

Overall, our fellow citizens undertook this exercise and the right of suffrage with tenacity and good cheer.

By all accounts, this second automated election has proceeded in a satisfactory manner, with the system and the vast majority of machines working as they were intended.

While there were isolated incidents of violence and equally isolated hitches in the voting process, our institutions—from the COMELEC to its deputized agencies—volunteers for poll-watching, media, and the public came together and did their utmost to ensure free, fair, and credible elections.

The President led the administration into what he himself has described as a referendum on this administration—one that will determine whether there will be a continuation and acceleration of reform, or a regression to the old, selfish ways that had harmed our country.

As the counting is completed and the official proclamations take place, it seems clear that our countrymen have spoken overwhelmingly to confirm and expand the mandate for reform and change that they first granted in 2010 to President Aquino.

The work is cut out for all of us: first, to respect the will of the majority; second, to witness the baton of leadership being handed over from one set of leaders to the next on the basis of the people’s will; and third, to stay on the path that the Filipino people have determined by virtue of their vote for change.

The victory of Team PNoy is a renewed mandate for tuwid na daan, and a vote of confidence for good governance, the continuity of reforms, and a brighter future to come.

We thank the Filipino people for the support they have shown President Aquino’s agenda of reform and positive change, and we also thank them for doing their part and contributing to the success of these elections. statement/PAGE 7

BusinessWeek

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

DANTE M. SUDARIA Publisher ROSE MARY D. SUDARIA, Ph.D. General Manager

CHENG ORDOÑEZ Editor-in-Chief

ALLAN MEDIANTE

NELSON CONSTANTINO

Ruel Pelone

CLIFFORD SANTILLAN RONALD B. MASTAIL

Executive Editor Online editor

CHRISTINE CABIASA Copy Editor

ATTY. MARIO T. JUNI Cell No: 09352379999

Juni Law Office Cruz Taal St., Cag. De Oro City Legal Counsel

Managing Editor

Layout Artists

Crystaline pino

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Sunday 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. 2013-10946, TIN No. 946-396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424

Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com Member: Philippine Press Institute

No Vote of Confidence for June opening of Laguindingan

D

omestic carriers who will be affected by the Dept. of Transportation and Communications and Civil Aviation Authority of the Philippines planned June 30, 2013 opening of the Laguindingan have again cast a vote of ‘no-confidence’ on the planned event.

According to a post in the PhilippineFlightNetwork. blog (URL: http://www.ch-aviation.ch/portal/news/19076filipino-airlines-hesitant-about-laguindingans-plannedjune-opening) dated 21 May 2013, Philippine Airlines,, Cebu Pacific Air, Zest Air and PAL Express have all “expressed their displeasure at the Philippine Department of Transportation and Communications’ decision to forge ahead with the June 15 opening of the new USD190 million Laguindingan International Airport, set to replace the smaller Cagayan de Oro Lumbia (CGY) airport as the gateway to the northern Mindanao and Misamis Oriental provinces.”

Although the airlines had initially succeeded in convincing

T

T

H

ECONOMIC

and services sectors.

The number of jobless B uttresses Filipino youth (15-24 years old) By Amparo Pamela Fabe also increased in 2012, even as unemployment eased from 7.2 percent or 2.87 million in April 2011 to 6.9 percent or 2.80 million in April 2012.

The Department of Labor and Employment labor force survey showed jobless youth accounted for more than half of the total number of unemployed. Unemployment in the 15-24 year old bracket rose from 1.436 million in April 2011 to 1.450 million in April 2012.

Long-term unemployment was uncommon among youth, with just over 5 per cent still jobless after looking for work Fabe/PAGE 7

No Greater Love

hink a minute…A four year old girl was seriously hurt in a car accident. She had lost so much blood that she would probably die.

Her only hope was for someone else to give her blood.

But her blood type was very rare and the doctors did not know if they could find anyone in time with her same blood type who was also willing to give their blood.

Then, they discovered that the girl’s 7 year old brother had the same blood type as hers. The doctor led her brother into his office to tell him that his baby sister was very sick and unless she received some blood, the angels would probably need to take her to heaven. The brother’s eyes filled with tears.

For a few moments, he tried to hold back his strong feelings of fear and sadness, then he said softly to the doctor: “I’ll give my blood to my sister.”

Later, as the young boy watched his blood going through a tube into his sister, he became even more nervous and afraid. The doctor could see the little boy’s fear and told him: “It will be over very soon.”

The boy started to cry and said: “So now is when I’m

E

government to push back the ammer original April 30 opening and A nvil date “to minimize disruption By Mike Baños to passengers and to permit more time to rearrange flight schedules” ostensibly due to difficulties in spreading the word to passengers who had already booked their flights for April and May, the 45 day postponement has apparently failed to convince all carriers the airport and its support infrastructure is ready to receive flights by the planned 30 June opening date.

The local business community led by the Oro Chamber baÑos/PAGE 7

Youth and Underemployment

here is a skills mismatch that could hurt the country’s future economic progress, a growing area of concern among public policy makers.

Youth advocates say what are needed now are programs and policies that help young people get work. Despite the challenges unemployed youth have faced since the weak economic growth of 2012, the jobless situation for youth has never been so bad. It’s challenging.

Despite an increase in Philippine employment from 39.7 million in 2011 to 40.6 million in 2012, underemployment remains a serious problem according to Labor Secretary Rosalinda Baldoz. While the percentage of underemployment in the National Statistics Office’s (NSO) April 2012 Labor Force Survey decreased from 19.4 percent in 2011 to 19.3 percent in 2012, the number of underemployed persons actually increased by 185,000 to 7.312 million, Baldoz noted.

There is a rise in part-time employment accompanied by the decline in full-time employment. This phenomenon was observed both across age groups and in the industry

Advertising

Cris diaz mike baños SHAUN YAP UP Sub-Editors

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

going to die.” From the very first time the doctor had asked A Minute this boy to give his blood By Jhan Tiafau Hurst for his sister, the young boy thought it meant he needed to give ALL of his blood and die so his sister could live.

Yet this little boy loved his sister that much, He was giving his life for her.

Did you know Jesus Christ did even more than that for you? Even though He is God Himself, He loves you and me so much He gave His perfectly innocent life so we could finally be forgiven and live forever with Him. God humiliated Himself by becoming a human being to die for all our wrongs. Remember, He never did one wrong He needed to die for. hurst/PAGE 7

THINK

God’s Will or Money talks?

For the FUNDS of it all!

very candidate should be a sore loser unless he chanced upon being a candidate and didn’t really care to win or lose.

And should this be the case he or she has no business running for any position. Rejection is difficult as it is without ones contestants playing with the exercise for the fun of it. And worse, for the funds of it! In any contest be it for political positions or a beauty contest unless one gives it all his or her best with an investment be it for monies, blood and sweat as the saying goes - it is not feasible to even aspire the position in the end. To be sore at the end of the contest is all but human.

In the Philippines the moniker “no one loses, only cheated” can at times have relevance especially in a contest where the players are excluded from the processes on the evaluation of winners and losers. Case in point; assume players and voters who are amputated from the exercise once the ballots are sucked by the pcos machine. Imagine

SUPER

an Ateneo La Salle game at the dome where the game is to B randing be held and you are denied By Harry Tambuatco entry. You get to hear all the sound effects of the game but are restricted to watching it.

In the end someone walks out and says; La Salle won. Would you sit down and accept all the same and worse if you bet Ateneo who you firmly believe should have won due to your perceptions on the strength of the players? Candidates stay in the contest until Election Day because they believe they have a good chance of winning.

And when told by the results on-line, to fail miserably is Tambuatco/PAGE 7

BusinessWeek

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

may 25-31 2013

Cocoa... from page 2

Extension Center, said that although cocoa trees were intro duced to Vietnam many centuries ago, cocoa plantations did not prosper until 1996.

The country had about 25,700 ha under cocoa cultivation, yielding about 5,000 tons last year, he said.

The plant was cultivated m o s t ly i n t h e C e nt r a l Highlands, the southeastern and Mekong Delta provinces, mostly under the shade of other crops, including coconut palms and cashew trees, he said.

Thong said Vietnam’s cocoa beans are of good quality, comparable with international standards.

“In 2006, Vietnam issued national quality standards for cocoa beans in order to standardize the product towards meeting regional and world standards.”

He a l s o m e nt i o n e d challenges faced by the Vietnam cocoa industry, including small-scale production, poor sources of seedlings, lack of qualified technical staff, unstable market compared to other products, low productivity and weak linkages in the cocoa value chain.

Vietnam plans sustainable development of its cocoa i n d u s t r y, e x p a n d i n g cultivation in suitable areas, Thong said.

It will apply VietGAP standards to increase yield and quality, boost farmer incomes and ensure food safety for cocoa products, he added.

Under a cocoa development plan through 2015 with a vision to 2020 approved by the Ministry of Agriculture and Rural D e v e l opm e nt re c e nt l y, Vietnam targets to have 35,000ha under cocoa cultivation producing 26,000 tons of the beans by 2015.

(PNA/VNS)

Bizmen... from page 2

However, he said he informed the group that the construction of a 100-megawatt (MW) coalfired power plant in Barangay Talisayan, 26 kilometers west of this city, is already underway.

He also said that the energy that would be generated from a solar power plant may not be sufficient to provide the power demands of this city, which currently peaks at 80-MW and is expected to

increase in succeeding years.

Meanwhile, he said the city government does not discount the possibility of having a solar power plant for renewable energy supply in the future. (PNA)

Foreign... from page 2

on the capital that they’ve put at risk to do this,” she added.

One key area requiring substantial capital injections according to Watkins is Australia’s countr y rail network, which currently suffers from inefficiency and uncertain government funding.

While state governments have previously preferred to focus on roads to facilitate Australian exports, Watkins believed that a well-designed and functioning rail network cou ld have subst ant i a l benefits over trucks.

“The average train can carry 2,000 tonnes of grain, while the average truck hauls maybe 40-45 tonnes. This means that the average export vessel takes 18 trains to load.

That same vessel needs almost 900 truck trips, which is a massive loss in efficiency,” she said.

“Where networks are in place, they are not always well- maintained. Many of our branch lines operate with significant speed restrictions, sometimes as low as 20 kilometres per hour, and many operate with substantial weight restrictions because they can’t safely carry heavier loads anymore,” Watkins added.

“Our inefficient transport infrastructure may be putting Australia’s international competitiveness at risk.”

Where Australian rail wagons carry an average gross weight of 75 tonnes, with 40 wagons per train, Canada, a major competitive threat to the growing markets Australian producers are trying to capture, uses wagons with a weight of 100 tonnes, and about 100 wagons per train.

GrainCorp says that while it is currently investing in improving rail productivity and capacity, and the NSW, Queensland and Victorian governments have als o introduced welcome initiatives, further funds are required to support the industry as a whole.

“Getting grain on rail to p or t re qu i re s more invest ment f rom ot her industry players, and this is unlikely to be forthcoming while governments allow the uncertain funding of branch

7

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

lines to continue,” Watkins said.

“Agriculture simply can’t be managed as a domestic industry. We export the vast majority of our produce.

We’re competing in a global marketplace against large competitors. We’re trying to sell products that literally are the difference between life and death for governments and their people. Capturing opportunity usually requires brave decisions,” she stressed.

(PNA/Xinhua)

Growth... from page 2

Experts said that the country’s economic growth relied too much on an increase in investment during 2007-11.

Together with the inefficient use of capital, it put pressure on inflation to rise.

Hoat calculated that when inflation exceeded the optimal threshold, an increase by 1 per cent of inflation could lower economic growth by 0.0138 per cent.

Meanwhile, economist Luu Bich Ho forecast the economic growth at 5-6 per cent per year. He said that the optimal inflation rate was between 7-8 per cent, but could be lowered to 5-6 per cent when the economy experienced higher growth.

According to academy director Dao Van Hung, declining credit growth from 2011, despite a slight increase in the the past two months (by 1.4 per cent by the end of April) put impacts on the economic growth.

“Inflation control required co-ordination and consistency of financial and monetary policies,” Hung said. “Tighter policies could help prevent inflation in the short term,” he stressed, adding that the risk of inflation return remained high.

Nguyen Thi Kim Thanh, director of the Banking Strategy Institute, said the management of investment capital should be enhanced to ensure efficiency.(PNA/ VNS)

Campaign... from page 5

Last year alone, a total of 27 HIV cases were confirmed by the CIHSO through its free screening or testing program.

CIHSO said most of the confirmed HIV/AIDS cases in the city were found among male professionals in the 22 to 25 age bracket who were engaged in “risky sexual behaviors.”

They include gays, bisexuals, men who have

sex with men or MSMs and others who engage in unprotected sex and with multiple partners.

Of the confirmed cases, Lastimoso said 50 have already progressed to fullblown AIDS while “only less than 20” were in the HIV stage. (Allen V. Estabillo/ MindaNews)

Baños... from page 6

and the Philippine Chamber of Commerce and Industry Region X, continues to maintain its original stance to postpone the move to Laguindingan from Lumbia if the navigational aids needed for safe, all-weather 24/7 operations have not yet been installed. The group even went so far as to buy a whole page ad in a national newspaper just to make sure their word gets through to President PNoy. The reported lack of available power needed to properly operate Laguindingan’s facilities remains another unaddressed concern. Transport facilities to move air commuters from downtown Cagayan de Oro to Laguindingan (39 kms. away, according to a local car rental company operating from a downtown hotel), remains another issue.

In fact, word has it even local CAAP officials are not comfortable with the revised opening date.

What’s that old adage again? If everyone is against you, there’s a good chance that you’re wrong? I guess now would be a good time to revisit its implication on our collective and individual futures.

Tambuatco...

from page 6 is outright rejection to the nth degree. “I was cheated” is what we can expect from candidates.

God’s will or money talks?

Truth be told it is hard to swallow the practice that alienates those who do violate our laws vis-à-vis winning at all COST. We are told over and over again of election violations but no one is ever incarcerated only to run again to retain political positions.

Is it the judiciary that is weak and at fault, or the police, or the comelec, or even the smartmatic pcos, or what?

There are murmurs here and there of commissions being bought, monies spread about for vote-buying, the “hakot” syndrome that is brazenly in operation on election day and numerous other violations

that have become SOP and acceptable to the people and the regulators that are tasked to monitor.

Of course now there is even more reason to reject the cumulative sums the pcos has put together with the chair of the comelec being arrogant, abrasive and acting amok violating the Automatic Election Law be it for the negligence of the review of the source codes regardless of the comelec’s predicament with its supplier.

There is also the violation of the WORM (write-once, read-many) provision of the CF cards. There is also the digital signatures; and so on and so forth. As of late the uncanny trending of the election results raises suspicions all considering the integrity of the comelec is lost.

In the end it is no longer competence and integrity that wins the elections but the moneyed and violators who spend at all cost to win the contest to the detriment of the masses. Now if only the masses knew what they got themselves into?

Fabe... from page 6

for a year. Young people are most often unemployed while transitioning from school to the labor market. There is a persistent problem in the labor market because employers keep saying that they cannot find skilled help while many young people cannot find work.

Underemployment is a big issue not only for youth, but for people of all ages.

Underemployment is harmful for individuals as well as to the economy. A possible cause for underemployment is that many more young people pursue post-secondary and post-graduates studies while looking for work, they end up over-qualified. A probable solution is to get more programs that encourage employers to hire and train young people.

Youth underemployment is a persistent problem for the Philippine economy. Parttime work is a huge issue for young people. Working on contract is a huge issue for young people. These are some points of action that will hopefully be echoed to important persons in government: a.) the need for local businesses to invest more in machinery, equipment, research and development, innovation and new foreign markets;

b.) The need to develop more higher-skilled, higherwage jobs; and, c.) greater use of schoolemployer partnerships to better match employers’ needs and workers’ skills.

Hurst...

from page 6 So His perfect life and death paid the penalty for all our sins. Then after He was dead and buried for 3 days, He came back to life so we can share in His kind of life, both now and forever after we die.

He is the only hope we have. So have you asked Jesus to forgive you and give you His new life today? He loves you more than anybody does—so much that He died to save you. Won’t you thank and love Him in return by living His right, successful way every day?

Just Think a Minute…

Statement... from page 6

As we in government continue to f ulf ill t he mandate entrusted to us by our Bosses, the Filipino people, it is our hope that the next three years will see our country taking even greater strides along the straight path towards equitable progress, peace, and stability for all.

NGCP... from page 4

take on a day-to-day basis and under all types of weather conditions.

Their commitment and passion to ensuring the safety and reliability of the grid makes them the heart and soul of NGCP, added Alabanza.

NGCP’s regular training activities aim to enhance the quality of transmission s e r v i ce s to e nsure t he reliability of electricity delivered to grid-connected customers like generators, dist r ibutors, and l arge industries, said Alabanza. (lvgabule/CCD-NGCP/PIALDN)

READ!

www.businessweekmindanao.com

For lifestyle and events updates in the City, read...

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

BusinessWeek

8

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

Environment

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Green Dot Movement launches solar packages S. China rainstorm leaves MANILA, May 23 -– The private-run Green 4 dead, 500,000 affected Dot Movement launched Thursday its solar packages for home and business, in apparent efforts to get people active in fighting global climate change.

The movement’s founder and chief operating officer Helen Tong said in a press statement issued at the launching at the Hyatt Hotel manila “the time for solar power is now.”

She was referring to the urgency for this Southeast Asian archipelago to adopt renewable energy to help fight climate change, a significant and lasting change in the statistical distribution of weather patterns over periods ranging from

decades to millions of years.

Mrs. Tong said her movement aims to educate the public on the benefits of solar photovoltaic technology.

Photovoltaic systems use solar panels to convert sunlight into electricity.

A system is made up of one or more photovoltaic panels, a DC/AC power converter (also known as an inverter), a racking system that holds the solar panels, electrical interconnections,

and mounting for other components.

Solar technology experts say optionally it may include a maximum power point tracker, battery system and charger, solar tracker, energy m an a g e m e nt s of t w are , solar concentrators or other equipment.

A small photovoltaic system may provide energy to a single consumer, or to an isolated device like a lamp or a weather instrument.

Large grid-connected photovoltaic systems can provide the energy needed by many customers, according to experts. ”Our aim is simple: provide

information, ways to get involved in fighting climate change, and offer affordable solar packages to those who want to make that commitment to renewable energy,” said Tong.

Her Green Heat firm has been instrumental in many solar photovoltaic applications in the Philippines, a country of nearly 100 million people.

According to Green Dot Movement officials, their packages are available for residential and commercial applications.

This makes it easier for the home and business owner to see, according to Green Dot officials, what system suits their needs best. (PNA)

G UA N G Z H O U - - A persistent rainstorm that has lashed down on south China’s Guangdong Province for days has left four people dead and affected lives of nearly half a million residents, local flood control authorities said Thursday.

The rain started on Sunday and has wreaked havoc in 184 counties or townships in eight cities of Guangdong, cutting off roads, damaging bridges and toppling residential homes, according to the provincial flood prevention center.

Over 300,000 mu (20,000 hectares) of farmland has been flooded, the center said.

Water levels in some rivers have risen to an alarming point, and raint r ig gere d f lo o ds have forced 30 enterprises in Jiaoling County to suspend production.

Meteorological experts warn that two rounds of fresh rainstorms are expected over the next 10 days, making flood control in the province even more problematic.(PNA/Xinhua)

Edinburgh to host International Conference on Climate Justice

A young child swims in an unfinished culvert after heavy rains triggered by an Intertropical Convergence Zone (ITCZ) caused most of the streets in Butuan City last year. MindaNews photo

Heavy silt spotted at the Iponan River in Barangay Baikingon, Cagayan de Oro City in this file photo taken last year. Farmers blamed rampant quarrying and mining for the massive siltation. mindanews photo

EDINBURGH -- The Scottish government on Thursday announced that the International Conference on Climate Justice will take place in Edinburgh in October ahead of crucial global talks later this year.

To be held at Dynamic Earth on Oct. 9, the Conference will bring together international businesses, civic society and leading thinkers from across the globe to collaborate on climate justice, complementing the economic case for a swift transition to a low carbon economy, said a government press release.

Scottish First Minister Alex Salmond and former

UN High Commissioner for Human Rights Mary Robinson, who is the former president of Ireland, will speak at the conference which will highlight the opportunities and challenges for businesses ahead of climate talks in Warsaw in November.

Speaking at a Carbon Capture and Storage event in Edinburgh on Thursday, Scottish Minister for Environment and Climate Change Paul Wheelhouse said that “the economic case for a swift transition to a global low carbon economy is compelling - delivering jobs, investment, trade and economic growth.”

“But if we are to truly make a difference and help the world’s poorest communities, it’s important that we also tackle the inequalities brought on by climate change,” Wheelhouse said.

He noted that Scotland’s innovative Climate Justice Fund illustrates “how we are taking our international obligations seriously and demonstrating how climate justice can be delivered on the ground.”

The conference pushes the agenda of further bringing businesses and civic society together to tackle climate justice. conference/PAGE 10

Aerial view of the devastation made by illegal mining operations along Iponan River in Cagayan de Oro. The photo taken from a Philippine Air Force helicopter last year showed the illegal miners are operating again despite the arrest and release of two Chinese nationals last month. mindanews photo

When you’re in any part of CARAGA, read...

NEWS CARAGA

Email: mindanaodailynews@gmail.com, businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

ClassifiedAds

BusinessWeek

9

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

may 25-31, 2013

ABELLANOSA Lechon House Corner Magsaysay Abellanosa St., Cag. de Oro City MANAGED BY :

KUYA ABS CDO EAGLES CLUB WE ACCEPT ORDERS: LECHON, HALANG-HALANG or SAMPAINA

FREE DELIVERY WITHIN CITY PROPER Contact:

09353742908 / 09265949729 / 0883091150

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on April 2013 AUCTION DATE: JUNE 20, 2013 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon

CCTV@ Promo Price FREE Installation!

Package A (China) -

4ch H.264 DVR w/ 500GB HDD 3 indoor dome cameras, 1/3” HR CCD 600 TVL 1 outdoor bullet camera, 1/3’ HR CCD 600 TVL 4x20 meters siamese cable 4 DC 12V/1A

P 18,500

Package B (China)

-

8ch H.264 DVR w/ 500GB HDD 4 indoor dome camera, 1/3’ HR CCD 600 TVL 4 outdoor bullet camera, 1/3’ HR CCD 600 TVL 8x20 meters siamese cable 8 DC 12V/1A

P 29,500 Package D (Taiwan)

Package C (Taiwan) - 4ch H.264 DVR w/ 500GB HDD - 4 indoor dome camera, 1/3” HR CCD 420 TVL - 4 outdoor bullet camera, 1/3’ HR CCD 420 TVL - 4x20 meters siamese cable - 4 DC 12V/1A

-

8ch H.264 DVR w/ 500GB HDD 4 indoor dome camera, 1/3’ HR CCD 420 TVL 4 outdoor bullet camera, 1/3’ HR CCD 420 TVL 8x20 meters siamese cable 8 DC 12V/1A

P 25,500

P 43,500

JVA TRADING

Mortola Bldg., J.R. Borja st., Cag. de Oro (Beside China Bank) Te. 724388 / 8574157 / 09177051666 / 09213404494

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10TH JUDICIAL REGION BRANCH 28 MAMBAJAO, CAMIGUIN IN THE MATTER OF ADOPTION OF A MINOR CHILD KATHREN JOY TIMBAL WITH CORRECTION OF ENTRY OF HER CERTIFICATE OF LIVE BIRTH,

SPL. PROC. NO. 475

DANIELE BUGLINO and MEI LYNN TIMBAL-BUGLINO,

Petitioners. x- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER Petitioners, through counsel, allege that they are all of legal ages and residing at Yumbing, Mambajao, Camiguin. Husband-petitioner, an Italian National and wifepetitioner a Filipino Citizen got married last July 2, 2012. Petitioners seek to adopt Kathren Joy Timbal, a 9 years old-minor child who was born on July 17, 2003. Kathren Joy is the illegitimate daughter of wife-petitioner having given birth without the benefit of marriage with her live-in partner Virgilio R. Sugue, Jr.. The consent of the child’s biological father who is nowhere to be found cannot be had because he abandoned the child since infancy up to the present, without any information whether he is still alive.

Petitioners possess all the qualifications and none of the disqualifications to adopt.

Petitioners also seek to correct the middle maiden name of the mother of the child to be adopted which is erroneously recorded as “Torillo” when it should be “Tadina” in her Certificate of Live Birth.

The petition for adoption being sufficient in form and substance, is hereby set for hearing in this Court’s Session Hall, at Lakas, Mambajao, Camiguin on July 24, 2013 to start at 8:30 o’clock in the morning. The correction of entry in the child’s Certificate of Live Birth, however is hereby not given due course for lack of jurisdiction.

Let copy of the petition and of this Order be furnished the Regional Director of the Department of Social Welfare and Development, Region X, Cagayan de Oro City, for the preparation and confirmation of the child and home study reports and submit the same before the date of hearing as well as to conduct counseling sessions with the natural parents on the matter of adoption of the adoptee and accordingly submit a report therein before the date of hearing; and another copy of the petition and of this Order be furnished the Office of the Solicitor General, the Provincial Prosecutor of Camiguin, the Local Civil Registrar of Mambajao, Camiguin, the Local Civil Registrar of Makati City and the biological parents for any step they may deem best and proper to take in this Petition.

Let copy of this Order be published at petitioners’ expense once a week for three successive weeks before the scheduled hearing in any newspaper of general circulation in the Province of Camiguin.

Any person or entity opposed to the petition in this case may file written opposition at any reasonable time before the scheduled hearing and personally appear during the hearing to show cause why the petition shall not be granted.

SO ORDERED. Done in Mambajao, Camiguin, this 19th day of April 2013.

(SGD.) RUSTICO D. PADERANGA

Judge

BWM: May 12, 19 & 25, 2013

CAGAYAN DE ORO Main Branch P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN Branch B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES Branch Corrales Ave., Cagayan de Oro City DIVISORIA Branch Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN Branch Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739a

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

---------------------------------

The Marigold Hotel Velez cor. Luna Sts, CDO Tel Nos. 856-4320, 856-2050, 726937 E-mail: info@marigoldhotel.net

---------------------------------

CHANANTHON BED & BREAKFAST CM Recto Avenue, Cagayan de Oro City Tel. #: 856-81-89 / 309-3095 / 231-2103 Email ad : chananthonbb@yahoo.com Room @ P800.00

---------------------------------

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

BusinessWeek

10

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: PETITION FOR CORRECTION OF ENTRIES Spl. Proc. No. 275-07-2013

IN THE CERTIFICATE OF LIVE BIRTH OF

JUNE ABELLA LAUDE UNDER ENTRY –

SEX from FEMALE to MALE; under ENTRY

MOTHER’S MAIDEN NAME (FIRST AND

MIDDLE) from LUZ MURACAME ABELLA

to LUCY MURAKAMI ABELLA and under

entry – Date of Marriage of Parents: from

October 4, 1982 to October 5, 1981., etc. . .

For: CORRECTION OF ENTRIES Spouses ANTONIO B. LAUDE and LUCY M. ABELLA-LAUDE,

Petitioners,

-versusLOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE,

Respondent.

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

A verified petition for Correction of Entries in the Certificates of Live Birth of June Abella Laude, Isagani Abella Laude and Antonio Abella Laude, Jr. was filed before this Court on February 13, 2013 praying among others that after notice and hearing an Order be issued directing the Respondent to effect the correction sought for.

Petitioners are Filipinos, of legal age, married to each other and residents of Barangay Salong, Baroy, Lanao del Norte. The respondent is sued in his official capacity. Petitioners were married on October 5, 1981 at Salong, Baroy, Lanao del Norte and the facts of Petitioner;s marriage were duly registered at the Office of the Respondents. However, the entry of the date of marriage of Petitioner were entered in the Certificate of Live Birth of their children namely; JUNE ABELLA LAUDE, ISAGANI ABELLA LAUDE and ANTONIO ABELLA LAUDE, Jr. as October 4, 1982 instead of October 5, 1981. That in the same Certificate of Live Birth of the abovementioned children, the entry of the mother’s maiden first name and middle name were erroneously spelled and entered as LUZ MURAKAMI. That finally in the Certificate of Live Birth of JUNE ABELLA, the entry under SEX is erroneous as he is of the MALE gender and not FEMALE as appearing in the said birth certificate. Medical Certificate issued by Dr. Melania F. AbadUntao MPH, Municipal Health Officer of Baroy, Lanao del Norte attest to the fact. That petitioners as well as their children JUNE, ISAGANI and ANTONIO Jr. are of good moral character and are not convicted of any crime especially those involving moral turpitude. That the petition is filed in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same.

That petitioner is likewise desirous of correcting these aforementioned erroneous entries so as to avoid confusion and future inconvenience these may cause in the processing of the petition of the Petitioner’s children to obtain legal status to live and work in Japan being a fourth generation Filipino of Japanese descent. Certificate of Live Birth of Petitioner-wife is attached to the record to support the herein petition.

Set the hearing to establish the jurisdictional requirements of the petition to June 24, 2013, at 8:30 in the morning before the sala of this Court. Any persons/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 Local Civil Registrar of Baroy, Lanao del Norte, Office of the Public Prosecutor in Tubod, Lanao del Norte, Atty. Dorothea Basalo, the petitioners’ counsel and to the petitioners, spouses ANTONIO B. LAUDE and LUCY M. ABELLA-LAUDE.

Petitioners are hereby directed to publish copy of the Order to a newspaper of general circulation for three consecutive weeks, at their expense to comply the jurisdictional requirements of the Rule.

SO ORDERED.

Tubod, Lanao del Norte.

May 10, 2013.

BWM: May 26, June 2 & 9, 2013

(Sgd.) WENIDA B. M. PAPANDAYAN Acting Presiding Judge

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 24 Cagayan de Oro City HDMF (PAG-IBIG), Mortgagee,

-versus-

EDUARDO M. MATEO, married to BRENDA S. MATEO Mortgagors. x-------------------------------------------------------------/

FILE NO. 2013-140 FOR: EJF OF REAL ESTATE MORTGAGE UNDER ACT 3135

SHERIFF’S NOTICE OF SALE Upon extra-judicial petition for sale under ACT 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND, mortgagee, against EDUARDO M. MATEO married to BRENDA S. MATEO mortgagors, resident of Lot 13, Block 11, San Agustin Valley Homes 11, Canitoan, Cagayan de Oro City to satisfy the mortgage indebtedness which as of April 17,2013, amounts to (P 218,723.57) excluding penalties, charges, attorneys fees and expenses of foreclosure, the undersigned Sheriff will sell at Public Auction on June 25,2013 at 9:00 A.M. or soon thereafter at the main entrance of the Hall of Justice, Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the properties with all its improvements to wit: TRANSFER CERTIFICATE OF TITLE NO. T-188396 LOT : PORTION OF LOT : AS SURVEYED FOR :

LAND USE : LOCATION : BOUNDARIES :

Lot 13, Block 11, Psd-10-042689 Lot 1, Block 37, Psd-10-039732 Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 Residential Canitoan, Cagayan de Oro City South 1-2 by Lot 14, Block 11, West 2-3 by Lot 11 Block 11, North 3-4 by Road Lot 14, East 4-1 by Lot 15, Block 11. Containing an area of FIFTY FOUR (54) sq. meters more or less.

Prospective buyers may investigate for themselves, in the event of Auction Sale can not take place for whatever legal reason the sale will proceed on the following day, without further notice, posting and publication, the title here in above describe and incumbrance thereon, if any there be.

Cagayan de Oro City, Philippines, May 15,2013.

(Sgd.)TERESITO C. ESTENZO

Sheriff IV

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

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

SHERIFF’S NOTICE OF SALE File No. 2013-100

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

Upon extra-judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, Mortgagee, with address at J.R. Borja Street, Cagayan de Oro City, against ARGEE S. GAMOLO, Mortgagor, with postal address at Lot 17, Block 14, PAG-IBIG CITY, Iponan, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of February 6, 2013, amounts to FOUR HUNDRED THIRTY FOUR THOUSAND FIVE HUNDRED SIXTY EIGHT PESOS & 19/100 (P 434,568.19) inclusive of interest and penalty charges, attorney’s fees equivalent to ten percent (10%) of the total indebtedness plus the foreclosure expenses, the undersigned Sheriff will sell at public auction on June 25, 2013, at 10:00 o’clock in the morning or soon thereafter at the main entrance of the Hall of Justice, Arch. Hayes Street , Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the property mentioned in the said mortgage which is described as follows: TRANSFER CERTIFICATE OF TITLE NO. T-196851

‘’A PARCEL OF LAND (Lot 17, Block 14, Pcs-10-002661, being a portion of Lots 3594, 3596, 3597, 3598, 3600, Cad-237 & Lot 3591-I, (LRC) Psd-128619) situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on the NW., along line 3-4 by Road Lot 7 (7.00 m. wide) ; on the NE., along line 4-1 by Lot 19; on the SE., along line 1-2 by Lot 18; and on the SW., along line 2-3 by Lot 15, all of the same block of the consolidation-subdivision plan Pcs-10-002661; including all improvements existing thereon, containing an area of one hundred twenty one (121) square meters, more or less. Registered in the name of ARGEE S. GAMOLO.’’

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

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

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

Cagayan de Oro City, May 16, 2013.

FOR THE EX-OFFICIO PROVNCIAL SHERIFF:

(Sgd.) LOVE M.VERDADERO Sheriff IV

Copy Furnished: HDMF/PAG-IBIG FUND, JR. Borja St., Cagayan de Oro City; Argee S. Gamolo, Lot 17, Blk 14, Pag-ibig City, Kisanlu,Iponan,Cagayan de Oro City BWM: May 25, June 1 & 8, 2013

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 21 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF AMENDED NOTICE OF EXTRA-JUDICIAL FORECLOSURE SALE EJF File No. 2013-066

Upon extra-judicial petition for sale under Act No. 3135 as amended 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, Makati Avenue, Makati, Metro Manila, against EVANGELINE G. ARGABIO of legal age, Single, Filipino Citizen with postal address at B3, L8 CRISTAN VILA, DICKLUM, MANOLO FORTICH, BUKIDNON, to satisfy the mortgage indebtedness which as of OCTOBER 23, 2012, amounted to THREE HUNDRED TWENTY FIVE THOUSAND NINE HUNDRED TWENTY ONE PESOS & 38/100 (Php 325,921.38) 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 June 17,2013 at 10:00 a.m. or soon thereafter at the main entrance of the RTC-BR. 21, Hall of Justice lobby ,Hayes St., Cagayan de Oro City to the highest bidder, for CASH in Philippine Currency, the following property described below with all the improvements included thereon, to wit: TRANSFER CERT. OF TITLE NO. T-195931

Lot : 32, Block 16, Pcs-10-003948

Portion of : Lots 3615-B ,Psd-10-004675,24178-A,Psd-10-009444, 3614-A-1-B, Psd-10-009566,24178-B-1,Psd-10-010320, 24178-B-2-A, Psd-10-052968, 24178-B-2-B-1,Psd-10-054199 24178-B-2-B-6,Psd-10-054199, 4178-C-1,Psd-10-054997, 3605, Cad. 237, Cagayan Cadastre

As Surveyed for : Liberty Land Corporation

Land Use : Residential

Location : Iponan, Cagayan de Oro City

SE., along line 1-2…………..…Lot 30, Block 16, Pcs-10-003948

SW. , along line 2-3------------Road Lot 17, Pcs-10-003948

NW., along line 3-4------------Lot 34, Block 16, Pcs-10-003948

NE., along line 4-1---------Lot 33, Block 16, Pcs-10-003948 Beginning at a point marked “1’’ on the plan N. 03 deg. 32’ W., 718.44 m. from BBM#19/Cad.237,thence; 1-2 S. 49 deg.

07’ W., 10.00 m.

2-3 N. 40 deg.

53’ W., 5.00 m.

3-4 N. 49 deg.

07’ E., 10.00 m.

4-1 S. 40 deg.

53’ E., 5.00 m.

Area : FIFTY (50) SQUARE METERS Bearing True : TRUE Description of Corners : Corners 1,2 & 4 by P. S. cyl. Conc. Mons.15x 40 cm.

Date of Original Survey : Nov. 1926 to July 1932 Date of Subdivision Survey : March 20-30, 2007 OCT No./TCT No. : ___________/____________ Date Approved : May 15, 2007 Geodetic Engineer : Fernando B. Gurrea xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

All sealed bids must be submitted to the undersigned on the above-stated 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, May 9 ,2013

Copy Furnished: HDMF (PAG-IBIG).,-Cagayan de Oro City SPS. EDUARDO & BRENDA S. MATEO-M. Neri Street,Carmen,CDO Posted: BULLETIN BOARD-RTC Branch 24,Cagayan de Oro City BULLETIN BOARD-CANITOAN,Cagayan de Oro City BULLETIN BOARD-City Hall,Cagayan de Oro City

Posted at: 1.Bulletin Board of Hall of Justice, Cagayan de Oro City 2.Bulletin Board of Iponan, Cagayan de Oro City 3. Bulletin Board of City Hall, Cagayan de Oro City

BWM: May 25, June 1 & 8, 2013

BWM: May 25, June 1 & 8, 2013

from page 4

invited to give the keynote address to set the tone for the congress, primarily on the Mindanao power situation.

“This year’s holding is not timed before or during the dry season by which consequent curtailments are rising. But the holding of MinCARED activities, such as this, will highlight the responsibility of the consumers to save and brace for crucial periods,” said Mr. Pacana.

The Congress is also expected to underscore the effective ways in which AMRECO, in partnership with MUST, IPSEc, MinDA

and other key advocates can contribute in fostering sustainable solutions. The congress will also provide a valuable network-building opportunity. Opportunities to exchange ide as and experiences between N G O s , L G Us , d i v e r s e experts and organizations working on power issues, as well as approaches to enhance activities through participation in plenary discussions, interactive dialogues and focused group discussions.

Already, the Steering C ommitte e s aid it has assembled a “meaningful and timely program, featuring speakers who will address

current industry issues and ultimately bringing together the key stakeholders from all over Mindanao, as well as leaders in the industry to explore the future of Mindanao’s power efficiency,” the congress program indicates.

“The focal discussion of the congress will be delving on Mindanao hydro-electric power plant, renewable energy and rural electrification and policy issues, Stanley Uriarte, chief executive officer of the Institute of Power Sector Economics (IPSEc) and MinCARED event manager.

MinCARED 2013 also vowed to provide opportunity for the Mindanao power

“Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) against JESSICA J. DAYOC married to JERSON A. DAYOC of FHJ DINERS, FORTICH ST., MALAYBALAY CITY, BUKIDNON 8700 to satisfy the mortgage indebtedness which as of September 28,2012 amounts to SIX HUNDRED SIXTY EIGHT THOUSAND FOUR HUNDRED SIXTY EIGHT PESOS AND 09/100 (PHP. 668,468.09), including interests and penalty, charges, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on June 26, 2013 at 10:00 A.M. to 4:00 P.M AT THE REGIONAL TRIAL COURT,OFFICE OF THE CLERK OF COURT, HALL OF JUSTICE, Hayes-Mortola Streets, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT NO. T-204552 Lot : 2, Pcs-10-003094 Portion of Lot : 2844-D-9 & Lot 2844-D-10, all of Psd-10-0387771 As Surveyed For : Estrella C. Cabañero & Elsa D. Ramos Land Use : Residentia Location : Indahag,Cagayan de Oro City, Island of Mindanao Area : Four hundred (400) square meters Registered in the name of JESSICA J. DAYOC married to JERSON A. DAYOC

All sealed bids must be submitted to the undersigned on the above stated 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, May 2, 2013 (Sgd.) AL PONCIANO R. DATU Sheriff IV

BWM: May 25, June 1 & 8, 2013

(Sgd.) EFREN G. MACABAYA Sheriff IV Copy Furnished: 1. Evangeline B. Argabio - Block 3, Lot 8 Cristan Villa, Dicklum , Manolo Fortich, Bukidnon 2. PAG-IBIG Fund Bldg.- J.R Borja Street, Cagayan de Oro City

Agenda...

NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2013-006

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 25 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2013-084

Upon extra-judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, Mortgagee, with address at J.R. Borja Street, Cagayan de Oro City, against WINSTON B. GALLINERO, Mortgagor, married to Mary MICHELLE O. GALLINERO, with postal address at #002 Zone 12,Patag, Cagayan de Oro City/Liceo de Cagayan University, Carmen, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of January 25, 2013, amounts to ONE MILLION ONE HUNDRED SIXTY SEVEN THOUSAND NINE HUNDRED SIXTY TWO PESOS & 50/100 (P 1,167,962.50) inclusive of interest and penalty charges, attorney’s fees equivalent to ten (10%) percent of the total indebtedness plus the foreclosure expenses, the undersigned Sheriff will sell at public auction on June 21, 2013, at 10:00 o’clock in the morning or soon thereafter at the main entrance of the Hall of Justice, Arch. Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippines Currency, the property mentioned in the said mortgage which is described as follows: TRANSFER CERTIFICATE OF TITLE NO. T-1372011000932 “A parcel of land (Lot 11, Block 9, Pcs-10-003948,being a portion of Lots 3615-B, Psd-10-004675,24178-A,Psd-10-009444, 3614-A-1-B, Psd-10-009566,24178-B1,Psd-10-010320,24178-B-2-A,Psd-10-052968, 24178-B-2-B-1, Psd-10-054199, 24178-B2-B-6,Psd-10-054199,24178-C-1,Psd-10-054997; 3605 Cad 237, Cagayan Cadastre) including all improvements existing thereon, situated in Barangay Iponan, City of Cagayan de Oro, Island of Mindanao. Containing an area of ONE HUNDRED FIFTY SIX SQ. M. (156.0) More or less xxxx registered in the name of Winston B. Gallinero ,married to MARY MICHELLE O. GALLINERO.’’

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

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

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

Cagayan de Oro City, May 14,2013.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

(Sgd.) LOVE M. VERDADERO Sheriff IV Copy Furnished: HDMF/PAG-IBIG FUND, J.R. Borja St., Cagayan de Oro City Sps. Winston B. Gallinero & Mary Michelle O. Gallinero, #002 Zone 12, Patag, CdoC/Liceo de Cagayan University, Carmen, Cagayan de Oro City

BWM: May 25 ,June 1 & 8, 2013

advocates to discuss deeper via the theme, “Mindanao Power Agenda: Reliable, Affordable & Sustainable Power Supply in Mindanao.”

Mr. Uriarte said the Mindanao Coalition of Power Consumers (MCPC) will also present the “People’s Renewable Energy Power D e v e l opm e nt P l a n f or Mindanao,” as an affordable and sustainable alternative to the Department of Energy’s (DOE) Mindanao Energy Plan during the Mindanao congress.

climate change fairly so as to avoid the worst impacts falling on the poor and vulnerable who have done least to contribute to the problem, “Wheelhouse said.

Salmond and Robinson raised climate justice in a joint communique to the

United Nations Framework Convention on Climate Change in 2011, and Robinson joined Salmond in Edinburgh in May 2012 to launch Scotland’s Climate Justice Fund, according to the Scottish government.(PNA/ Xinhua)

Conference... from page 6

“It will help them to consider how to share the benefits and burdens of

A reminder from the BusinessWeek Mindanao Group of Publications

BusinessWeek

Advertising and Editorial E-mail : businessdailymindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

may 25-31, 2013

Signing... from page 1

submission; another positive development is all regions in Mindanao have their respective approved projects.

In fact, procurement for rural infrastructure projects worth P500 million is already rolling, following World Bank’s approval under retroactive financing,” Manual said.

“As for the rest, pilot sites in Luzon and Visayas have been short listed,” Manual said. He did not identify them, saying the list is not yet final.

With the approval by May 28, Manual expressed optimism the start of the implementation of the PRDP commences a month after.

The NEDA ICC reviews the fiscal, monetary and balance of payments implications of major capital projects and recommends to President Aquino the timetable of the implementation of these projects.

PRDP draws from the innovations introduced by the on-going MRDP. It will cover all of the country’s 80 provinces in 16 regions though.

The ICC-approved projects will be implemented over six years as DA’s platform for inclusive growth, valuechain oriented and climateresilient agri-fisheries sector, covering all of the country’s 80 provinces in 16 regions.

“With PRDP, we want to create a chain of economic opp or tunit ies to br ing farmers’ produce to higher levels of the value-chain and allow them to participate in the gains of value creation beyond the farm gate,” agriculture undersecretary Joel S. Rudinas said.

Value chain refers to the full range of activities that are required to bring a pro du c e or s e r v i c e s through the different phases of production, including physical transformation and the inputs of various producer services and response to t he consumer demand, said World Bank Marketing Specialist Flordeliza Lantican. “ The program will engage local government units, farmer groups and other private sector players as partners in infrastructure development that support priority commodities. It will also pursue the direction of the government for increased inter-agency collaboration to ensure that programs truly address inclusive growth,” said Rudinas, adding, “as noted

by Sec. (Edwin) Lacierda, the bulk of population especially in the rural areas is still into agriculture. We need to create opportunities and generate employment in the field.”

PHL... from page 1

of Philippine products, and create market-responsive design services, while advocating for economic and environmental sustainability.

R.A. 10557 equally promotes the adaptation of design principles, such

as creativity, efficiency, us er-centere dness, and sustainability in government processes and public programs.

Guingona believed by harnessing the user-centered principles of design, “we can be able to make the government’s delivery of public services more efficient, effective, and relevant to the citizens’ needs.”

The senator originally authored Senate Bill No. 2131 to propose for a Design Council of the Philippines formulated to guide our design and creative industries on the road to making the Philippines the “design hub” of Asia.

The new law signed

by President Benigno S. Aquino III on May 15, 2013, will designate the Design Center of the Philippines to formulate a National Design Policy, which shall serve as an integrated, forward-thinking and long-range strategy for design in the Philippines.

The key goals of the said Policy would be to expand the design culture nationwide; to propagate design as problem-solving; to boost competitiveness of the Filipino Design Industry; and to build a strong National Identity.

The law likewise provides the venue for government to promote the economy and society driven by creativity, design and innovation that are responsive to our modern and challenging times, while taking into consideration the Filipino culture and identity.

“I believe Filipinos are innovative. And I think we have what it takes to go above and beyond just beautiful and well-crafted souvenirs, handicrafts and trinkets.

We’re ready to compete on an entirely different plane.

Filipinos are not only creative, but we can be innovative as well,” Guingona said. ” Wit h t h i s l aw, t he government is putting its support behind our designers, so that they can innovate and create things the world has never seen before,” he added.

Expressing great hope for his desired vision of making the Philippines the “design hub of Asia”, Guingona is committed to ensuring that the goals of this law will be achieved for the benefit of the entire nation. (PNA)

11

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

ASEAN. “We have yet to accomplish the realization of the ASEAN power grip,” he said, adding that some issues need to be addressed including regulations, commercial, legal, and technical standards, and other related matters.

He urged all ASEAN states to increase all efforts in sharing energy information, technology and know-how in order to realize the ambitious goal for the prosperous future of ASEAN. Founded in 1967, the Association of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.(PNA/Xinhua)

Villar... from page 1

“I have been using biodegradable wastes as resource in my other livelihood projects. I was so happy when I saw this technology, because now, we can also process nonbiodegradable wastes, and we have tons of them here in Metro Manila,” relayed Mrs. Villar.

Villar said she is very proud of this project not only for the livelihood it brings to the poor, but also to the environmental benefit it brings.

“In p r o c e s s i n g t h e unavoidable plastic wastes into something useful, like s cho ol chairs, we are not on ly cle an ing and protecting the environment, but we are, at the same time, providing livelihood to the poor – to the workers in the factory who are processing the wastes,” said Villar.

She explained, the plastic wastes recycling factory located in Ilaya, Las Pinas City is a pilot project of the Villar Foundation.

Villar said if this project will be successful, it can b e replicated in other provinces in the country.

Villar earned the moniker, Misis Hanepbuhay, because of her many livelihood projects built benefitting the poor.

B e fore r u n n i ng for Senate, Villar served as Congresswoman of Las Pinas for 9 years and became Managing Director of the Villar Foundation, where she continued providing from page 1 livelihood projects in 200 meeting that ASEAN power towns and cities all over grid was still a big task for the country.

ASEAN...

READ!

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2013-041

“Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) against GINA G. CESPEDES married to DANIEL EDUARDO K. CESPEDES of Block 8, Lot 5, Montaña Vista Subd., Lumbia, Cagayan de Oro City to satisfy the mortgage indebtedness which as of October 23, 2012 amounts to ONE MILLION FIVE HUNDRED FIFTY FIVE THOUSAND ONE HUNDRED TWENTY THREE PESOS AND 50/100 (PHP. 1,555,123.50), including interests and penalty, charges, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on June 19,2013 at 10:00 A.M. to 4:00 P.M. AT THE REGIONAL TRIAL COURT, OFFICE OF THE CLERK OF COURT, HALL OF JUSTICE, Hayes- Mortola Streets, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Phillippine Currency, the following property described below including all existing improvements found thereon, to wit :

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

Lot Portion of Lot As Surveyed For

Land Use Location Area

TCT NO. T-207009 : 7, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207010 : 8,Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207011 : 9, Block 12, Psd-10-042689 : Lot 1, Block 37,Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan , Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207012 : 10, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan , Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207013 : 11, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207014 : 12, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207015 : 13, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207016 : 14, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207017 : 15, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207018 : 16, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters TCT NO. T-207019 : 17, Block 12, Psd-10-042689 : Lot 1, Block 37, Psd-10-039732 : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 : Residential : Canitoan, Cagayan de Oro City : Fifty Four (54) square meters

TCT NO. T-207020 Lot : 18, Block 12, Psd-10-042689 Portion of Lot : Lot 1, Block 37, Psd-10-039732 As Surveyed For : Pueblo de Oro Development Corp.

San Agustin Valley Homes 2 Land Use : Residential Location : Canitoan, Cagayan de Oro City Area : Fifty Four (54) square meters

All lots registered in the name of GINA G. CESPEDES married to DANIEL EDUARDO K. CESPEDES

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

In the event auction sale cannot take place for whatever legal reason, the same wil 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, May 2, 2013

www.businessweekmindanao.com

(Sgd.) AL PONCIANO R. DATU Sheriff IV BWM: May 25, June 1 & 8, 2013

BusinessWeek

12

Y O U R N O R T H E R N A N D S O U T H E R N M I N D A N A O B U S I N E S S PA P E R

May 25-31, 2013

B A R GCOP Y A !

W NO

Be a distributor!

Contact us :

BusinessWeek Mindanao Advertising & Promotions Tanleh Bldg., Abellanosa St., Consolacion, Cagayan de Oro City 74-53-80, 857-8447 09177121424, 09478935791 09177139677,09269511777 bwmmagazine@yahoo.com

www.businessweekmindanao.com

BWM Magazine