businessweek august 1

24
P17 Cola hike MINIMUM wage earners in Northern Mindanao will get a P17 increase in their daily rates in the form of Cost of Living Allowance (COLA) effective July 24, 2011 to January 24, 2012. “Implemented under Wage Order No. RX-16, the said COLA will be integrated into their basic pay on January 25, 2011,” said Atty. Alan M. Macaraya, Regional Director of the Department of Labor and Employment (DOLE). Macaranas, who is also the Chairperson of the Regional Tripar- tite Wages and Productivity Board (RTWPB) of the region, however, said the Supplemental Wage Order No. RX-15A which took effect, last February 17, 2011, will apply for the Sugar Agricultural Industry workers in the region. Two more SM malls in M’nao DAVAO City -- SM Investments Corp. will operate two more malls next year in Mindanao, according to Teresita Sy Coson, SM president and vice chairperson. Coson told members of the business community here that their presence in the island was to complement the already exist- ing good malls being run by other companies here. She said SM opened its rst mall at Ecoland Quimpo Boulevard, Matina in Davao City in 2001 and another one in Cagayan de Oro City. The second mall in Davao City will open in 2012 so with that in General Santos City, making a total of four SM malls in the island next year, she said. Yogurt in Oro CAGAYAN de Oro’s first concept café is now open! Yoyo Premium Frozen Yogurt Café is located along Corrales Avenue, Cagayan De Oro City. Now you can have your ll of deliciously healthy frozen yogurt after mall hours. With the same guilt-free in- dulgence that you just can’t get enough of, the Yoyo Cafe has some- thing to offer for the whole family. New offerings are specially con- cocted for those that want a little more than frozen yogurt. Freshly made wafes served with yogurt is available - perfect for dessert, an afternoon snack or even break- fast. For those that want to simply unwind in a hip new setting, catch up with friends and loved ones over a cup of freshly brewed coffee. Market Indicators Market Indicators US$1 = P42.22 4,503.63 points ; ; FOREX PHISIX AS OF 5:10 P.M., JULY 29, 2011 (Friday) 0.01 cents 20.83 points www.businessweekmindanao.com P10.00 Issue No. 7, Volume III August 1-7, 2011 Briefly Briefly BusinessWeek BusinessWeek YOUR LOCAL ONLINE BUSINESS PAPER NOW OPEN EN Market City, Agora Market City, Agora TRADE/PAGE 11 BANANA/PAGE 11 SUMMIT/PAGE 11 Rising power demand requires more plants Mindanao urgently needs Pulangi 5 hydropower plant By BONG D. FABE, Contributor T HE projected 4.6-percent annual in- crease in peak power demand for Min- danao by the Department of Energy’s (DOE), which would require an additional 2, 500 megawatts capacity, further boosts the contention that the Pulangi 5 hydropower plant project is urgently needed by Southern Philippines. is, plus the volatile situ- ation in Arab countries which causes the severe fluctuations of fossil-fuel prices, par- ticularly petroleum, demands that government help private institutions develop more renewable sources of energy for Mindanao. “Clamors of power cus- tomers, industries and dis- tribution utilities, private or electric cooperatives, to draw power from renewable and indigenous power supply are now more pronounced because clean hydropower ALL IN ONE. Filipinos are regarded as masters of innovation. This motorcycle, made only for two passengers including the driver, can now carry almost the entire neighborhood when need arises. DWM PHOTO BY MIO CADE The micro, small and medium enterprises are considered as the backbone of our economy. Trade dept seeks devt of MSMEs By MIKE BAÑOS Correspondent for Micro, Small and Medium Enterprises (MSMEs). In the first-ever Business Consultants Forum held in Cagayan de Oro last week, the DTI gathered over 50 lo- cal consultants from various THE Misamis Oriental pro- vincial office of the Depart- ment of Trade and Industry (DTI) is mustering local con- sultants to help support the agency’s development plan Caraga biz summit to open opportunities for traders By ARJAY FELICILDA Caraga Bureau Chief (BCCIFI) President Joseph Omar Andaya on ursday said the 17th Caraga Business Conference will provide op- portunities for businessmen BUTUAN City -- Butuan Chamber of Commerce and Industry Foundation, Inc. and entrepreneurs in devel- oping the business industry in the region. During the press confer- Research for banana industry devt pushed THE MINDANAO Devel- opment Authority (MinDA) has taken a step towards the establishment of a body that will conduct scientific research to improve banana growing on the island, an of- ficial statement released on ursday said. MinDA said in its state- ment that its board has ap- proved the conduct of a study that will determine the feasi- bility of setting up a special- ized banana research institute DEMAND/PAGE 11

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P17 Cola hikeMINIMUM wage earners in Northern Mindanao will get a P17 increase in their daily rates in the form of Cost of Living Allowance (COLA) effective July 24, 2011 to January 24, 2012. “Implemented under Wage Order No. RX-16, the said COLA will be integrated into their basic pay on January 25, 2011,” said Atty. Alan M. Macaraya, Regional Director of the Department of Labor and Employment (DOLE). Macaranas, who is also the Chairperson of the Regional Tripar-tite Wages and Productivity Board (RTWPB) of the region, however, said the Supplemental Wage Order No. RX-15A which took effect, last February 17, 2011, will apply for the Sugar Agricultural Industry workers in the region.

Two more SM malls in M’naoDAVAO City -- SM Investments Corp. will operate two more malls next year in Mindanao, according to Teresita Sy Coson, SM president and vice chairperson. Coson told members of the business community here that their presence in the island was to complement the already exist-ing good malls being run by other companies here. She said SM opened its fi rst mall at Ecoland Quimpo Boulevard, Matina in Davao City in 2001 and another one in Cagayan de Oro City. The second mall in Davao City will open in 2012 so with that in General Santos City, making a total of four SM malls in the island next year, she said.

Yogurt in OroCAGAYAN de Oro’s first concept café is now open! Yoyo Premium Frozen Yogurt Café is located along Corrales Avenue, Cagayan De Oro City. Now you can have your fi ll of deliciously healthy frozen yogurt after mall hours. With the same guilt-free in-dulgence that you just can’t get enough of, the Yoyo Cafe has some-thing to offer for the whole family. New offerings are specially con-cocted for those that want a little more than frozen yogurt. Freshly made waffl es served with yogurt is available - perfect for dessert, an afternoon snack or even break-fast. For those that want to simply unwind in a hip new setting, catch up with friends and loved ones over a cup of freshly brewed coffee.

Market IndicatorsMarket Indicators

US$1 = P42.22 4,503.63 points

FOREX PHISIX

AS OF 5:10 P.M., JULY 29, 2011 (Friday)

0.01 cents

20.83points

www.businessweekmindanao.com P10.00Issue No. 7, Volume III • August 1-7, 2011

Briefl yBriefl y

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER NOW OPENEN

Market City, AgoraMarket City, Agora

TRADE/PAGE 11 BANANA/PAGE 11

SUMMIT/PAGE 11

Rising power demand requires more plantsMindanao urgently needs Pulangi 5 hydropower plant

By BONG D. FABE, Contributor

THE projected 4.6-percent annual in-crease in peak power demand for Min-danao by the Department of Energy’s

(DOE), which would require an additional 2, 500 megawatts capacity, further boosts the contention that the Pulangi 5 hydropower plant project is urgently needed by Southern Philippines. Th is, plus the volatile situ-ation in Arab countries which causes the severe fl uctuations of fossil-fuel prices, par-ticularly petroleum, demands that government help private institutions develop more renewable sources of energy for Mindanao.

“Clamors of power cus-tomers, industries and dis-tribution utilities, private or electric cooperatives, to draw power from renewable and indigenous power supply are now more pronounced because clean hydropower

ALL IN ONE. Filipinos are regarded as masters of innovation. This motorcycle, made only for two passengers including the driver, can now carry almost the entire neighborhood when need arises.

DWM PHOTO BY MIO CADE

The micro, small and medium enterprises are considered as the backbone of our economy.

Trade dept seeks devt of MSMEs

By MIKE BAÑOSCorrespondent

for Micro, Small and Medium Enterprises (MSMEs). In the fi rst-ever Business Consultants Forum held in Cagayan de Oro last week, the DTI gathered over 50 lo-cal consultants from various

THE Misamis Oriental pro-vincial offi ce of the Depart-ment of Trade and Industry (DTI) is mustering local con-sultants to help support the agency’s development plan

Caraga biz summit to open opportunities for traders

By ARJAY FELICILDACaraga Bureau Chief

(BCCIFI) President Joseph Omar Andaya on Th ursday said the 17th Caraga Business Conference will provide op-portunities for businessmen

BUTUAN City -- Butuan Chamber of Commerce and Industry Foundation, Inc.

and entrepreneurs in devel-oping the business industry in the region. During the press confer-

Research for banana industry devt pushedTHE MINDANAO Devel-opment Authority (MinDA) has taken a step towards the establishment of a body that will conduct scientific research to improve banana growing on the island, an of-fi cial statement released on

Th ursday said. MinDA said in its state-ment that its board has ap-proved the conduct of a study that will determine the feasi-bility of setting up a special-ized banana research institute

pppyy

DEMAND/PAGE 11

2 BusinessWeekMINDANAOAugust 1-7, 2011 EconomyEconomy

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

Korean government turns-over farmer’s center to BukidnonBy ANN NOBLE

Bukidnon Bureau Chief

MALAYBALAY City – The pro-vincial government of Bukidnon got another infrastructure project from the Korean government through the Korea International Cooperation Agency (KOICA). A project initiated through the effort of KOICA volunteer in Bukidnon Young Chan Lee, the newly constructed farmer’s center will serve the farmers of the province as a venue for the conduct of seminars and train-

ings organized by the provincial agriculture offi ce. KOICA was founded in Ko-rea as a government agency to maximize the effectiveness in the implementation of the Korean government’s grant aid programs for developing countries like the Philippines. Aside from grant aid, it also provides technical cooperation programs thus the volunteers assigned in various developing countries like Gua-temala, Vietnam and Philippines. Mr. Young Chan Lee, senior

volunteer of KOICA to the Philip-pines was previously assigned in Luzon area and has a period of service in the country from March 2010 to March 2012. His stay in Bukidnon has provided local farmers, through the provincial agriculture offi ce, technical support especially in adapting the farm technology from Korea like the rice-duck farming to which Lee introduced to the province. Through Lee’s technical assistance, many farmers were

able to train and apply the technology on their farms thus improving their farm yields and productivity. The exchange of farm tech-nology and research between the Philippine and Korean gov-ernments benefi ted not only the farmers but also Governor Alex Calingasan’s Assistance for Low Income Communities and Settle-ments (ALICS) program, this ac-cording to provincial agriculture offi cer Engr. Alson Quimba. Quimba said, the ALICS program of incumbent Gover-nor Calingasan was initiated to ensure the food security of the province and one of its com-ponent in providing assistance to the low income farmers is to come up with high yielding seeds and good quality animals for dispersal and the exchange of technology between the agri-culture department and Mr. Lee has helped in achieving their goal. The KOICA volunteer also provided trainings on Integrated Pest Management (IPM), Inte-grated Nutrient Management, Integrated Rice-Duck Farming System as well as food process-ing for women. The Farmer’s Center’s in-auguration and turn-over was graced by KOICA Deputy Resi-dent Representative Jehsang Huang, KOICA Administra-tive Officer Young Sil Park, Provincial Administrator Provo Antipasado as well as KOICA personnel from the region and farmer benefi ciaries of the said exchange of technology pro-gram.

3BusinessWeekMINDANAO

August 1-7, 2011

4 BusinessWeekMINDANAOAugust 1-7, 2011 CompaniesCompanies

2011-370Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial Region

BRANCH 18Cagayan de Oro City

In re: Petition for Cancellation of the Birth Certifi cate of Minor Child Krizia Angel Lou Galapin Bañez, represented by: Josefi na Galapin Bañez & Geronimo Jomaoas Bañez, Petitioners,versus

The Local Civil Registrar of Cagayan de Oro City, Respondent.

Spec. Pro. Case No. 2011-025

ORDER

The instant Petition, fi led under Rule 108 of the Rules of Court by Josefi na Galapin Bañez and Geronimo Jomaoas Bañez (hereafter petitioners), seeks the cancellation of the record of birth of minor Krizia Angel Lou Galapin Bañez with the Offi ce of the Local Civil Registrar of Cagayan de Oro City. Petitioners averred that the instant petition is not intended to avoid any criminal, civil or fi nancial liability. Neither will the same affect the civil status nor the citizenship of minor Krizia Angel Lou Galapin Bañez. Finding the instant Amended Petition to be suffi cient in form and sub-stance, let the initial hearing of this case be set on September 16, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. Respondents Local Civil Registrar of Cagayan de Oro City and any person having or claiming any interest on the cancellation of record of birth of petitioner with the Local Civil Registrar of Cagayan de Oro City may, within fi fteen (15) days from notice of this Order or form the last date of publication thereof, fi le their opposition / comment thereto and appear at the scheduled hearing. Furnish copies of this Order, together with the Petition and its annexes, to the Local Civil Registrar of Cagayan de Oro City, the Offi ce of the Solicitor General, the National Statistics Offi ce, Manila. SO ORDERED. 08 June 2011, Cagayan de Oro City.

(SGD) DENNIS Z. ALCANTAR Presiding Judge

BWM July 18, 25 & August 1, 2011

2011-359Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial RegionCagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFF

NOTICE OF EXTRA JUDICIAL SALEFile No. 2011-309

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, fi led by NAAWAN COMMUNITY RURAL BANK (MIS. OR.) INC., as mortgagee, against HERNANADO M. MENDOZA, JR., married to MARSHA P. MENDOZA, of 567 Corona Drive, Tibasak, Macasandig, Cagayan de Oro City, as mortgagor, to satisfy the mortgage indebtedness which as of June 22, 2011 amounts to THREE HUNDRED NINETY TWO THOUSAND TWO HUNDRED NINETY (Php 392, 290.00) PESOS including interests, plus daily interest and expenses thereafter, plus 20% of the total amount of indebtedness as Attorney’s fees, the undersigned will sell at public auction on August 25, 2011 at 10:00 a.m. to 4:00 p.m. at the Offi ce of the Clerk of Court, Regional Trial Court, Room 110, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property described below with all the improvements found thereon, described, to wit:

TRANSFER CERTIFICATE OF TITLE No. T-51400 “A PARCEL OF LAND and all improvements existing thereon, (desig-nated as Lot 2988-A-8-D-8, Psd-10-009091 being a apportion of Lot 2988-A-8-D, Psd-10-002872) situated in the Barrio of Macasandig, City of Cagayan de Oro, Island of Mindanao, containing an area of One Hundred Twenty (120) square meters, more or less.xxx All sealed bids must be submitted to the undersigned on the above stated date, time and place. 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, July 6, 2011.

(SGD) ENRIQUE M. TALAG, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 157-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amend-ed, fi led by 1st VALLEY BANK as MORTGAGEE, against LUCIA A. OLAYBAR as MORTGAGOR, of Tinago, Baroy, Lanao del Norte as of July 8, 2011 amounting to EIGHTY THOUSAND PESOS (P 80,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

ORIGINAL CERTIFICATE OF TITLE NO. 19,170 LOT No. 3279-B, Csd-12-004224

“A parcel of coco/cornland situated at Bel-is (Kidalos) Kapatagan, Lanao del Norte, containing an area of SIXTY THOUSAND (60,000) square meters more or less including all the improvements found thereon such as: mangoes, 3 rest house of light materials, corn 150 bags, palay 200 bags, 40,000 nuts per annum, few bananas, gemelina and etc. more particularly described and bounded as follows; Bounded on the North, along line 1-2 by Lot No. 3027, Pls-13, on the East, along line 2-3 by Lot No. 3279-C, Csd-12-004224, on the South, along line 3-4-5-6-7 by Malubog Creek and on the west along line 7-1 by Lot No. 3279-A, Csd-12-004224. Registered in the name of LUCIA A. OLAYBAR, “All sealed bids must be submitted to the undersigned on the above stated time and date. “In the event the public auction shall not take place on the said date it shall be held on August 31, 2011 at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, without further notice.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

New Cokaliong ship to serve Vis-Min regionsUNDAUNTED by the surge in passenger capacity by bud-get airlines due to cheap air fares, a Cebu-based shipping company remains optimistic as it launched its ninth vessel, MV Filipinas, that will con-nect the Visayas and Mind-anao regions. C h e s t e r C o k a l i on g , founder and chief executive offi cer of Cokaliong Shipping Lines Inc., said the ship was an investment of P180 mil-lion and created 50 additional jobs. Th e roll-on-roll-off vessel, which was bought in Japan, would serve a large untapped market for the shipping in-dustry in the Visayas and Mindanao, said Cokaliong, who is also this year’s Cebu Chamber of Commerce and Industry’s Entrepreneur of the Year awardee. Th e 3,084-ton vessel with a cruising speed of 16 knots can carry 850 passengers. It will add two more trip frequencies in Cokaliong’s Cebu-Osamiz-Iligan route, which is being served by MV Filipinas Ozamiz. Cokaliong has the most number of voy-ages to these areas. At present MV Filipinas Ozamiz travels to Cebu-Ozamiz-Iligan every Tues-day, Th ursday and Saturday. Th e new vessel adds two more schedules on Friday and Sun-day.

Cokaliong said the fi rm focused on this route because of its large volume of passen-gers and cargo traffi c. “Even with budget air-lines, travel by sea is still the cheapest and most con-venient way of traveling in the country because air-lines have limitations when it comes to weight of cargo and the number of passengers,” Cokaliong said. “Th is is where shipping companies come in because we have bigger capacities

cargo, he said. “Th is vessel arrived here last April 27 and we have been working on it since then. Th is is our biggest vessel and perhaps the first in Cebu with three auxillary engines. It also has four main engines. A standard vessel would just have two each, two auxiliary and two main engines but we have more,” he said. In 2007, Cokaliong in-vested P220 million to ac-quire MV Filipinas Cebu. Two years aft er, the fi rm

Aboitiz Power net income down 17%NET income of Aboitiz P o w e r C o r p . ( A P C ) dropped to P10.6 billion in the fi rst half, down 17 per-cent from the same period in 2010. APC disclosed to the Philippine Stock Exchange that during the first half, the company benefited from non-recurring and one-off gains, including a non-recurring gain of P143 million, resulting from the revaluation of consolidated dollar-denominated loans and placements and P527 million in one-off gains, net of tax. Th e latter included rev-enue adjustments at a whol-ly-owned subsidiary in the fi rst quarter, resulting from a favorable ruling by the industry regulator regard-ing its tariff structure for its ancillary services contract and cost recovery by an as-sociate company relating to its fuel importation in the second quarter. Th e company reported that its core net income for the fi rst semester amounted to P9.9 billion, down by 23 percent year-on-year. For the second quarter of 2011, APC said net in-come was P5.5 billion, an improvement of 4 percent year-on-year. In this quar-ter, movements in exchange rates resulted in a P36 mil-lion non-recurring gain due to the revaluation of consol-idated dollar-denominated

loans and placements and a one-off gain due to a cost recovery by an associate company relating to its fuel importation. Core net income for the second quarter was P5.3 billion, 10 percent lower than the same period last year. APC said its power generation business con-tributed P10.2 billion in the fi rst half, accounting for 91 percent of earnings contri-butions from the company’s business segments. These earnings are down by 20 percent year-on-year due to lower pre-vailing prices at the Whole-sale Electricity Spot Market (WESM) compared to 2010 prices. The average price of electricity in the WESM dropped by 55 percent for the period, due largely to demand and supply con-ditions, specifically, low demand for electricity in Luzon. This consequently re-sulted in a year-on-year decline in the power gen-eration group’s average selling price. Th ere was also a seven percent decline in year-to-date net generation from 4,984 gigawatt-hours (GWh) in 2010 to 4,640 GWh. Th e adverse impact on earnings of WESM prices, however, was tempered by

POWER/PAGE 7

bought another vessel MV Filipinas Ozamiz for P250 million. Cokaliong said these cont inued inves tments would show the fi rm’s con-fi dence in the shipping in-dustry, which Cokaliong described as the backbone of the Philippine economy because it provides linkages that spur more tradingin the islands. Up ahad, Cokaliong said he plans to field ships to major ports that are not yet served sach as Nasipit, Bu-tuan and Cagayan de Oro. “Th is will not be our last vessel,” Cokaliong said. Cokaliong Shipping plies routes serving Cebu, Su-rigao, Maasin, Dumaguete, Dapitan, Sindangan, Tagbi-laran, Iloilo, Larena, Palom-pon, Iligan, Ozamiz, Baybay and Calbayog.

HOUSE FOR RENTTILED FLOORS, ROOMS & CR

w/ 3 rooms, w/ parking space high fence and gate. All windows w/ concrete

grills entire lot 1.5 ft. elevat-ed frm road. Lot Area: 150 sq.m., fl oor: 75 sq.m. Loca-tion: B1 L3, Scions Subd.,

Kauswagan, CDOContact: 09279518081

(ALEX)

LOT FOR SALE300 sq. mtrs. (Clean Title)

Located at Lourdes VilleNHA Lower Balulang, CDO

100 mtrs left side of Lourdes Grotto , Ma-cale Cmpd. along the Road beside the water

pump station, Con-tact:09279518081

09497095292

5BusinessWeekMINDANAO

August 1-7, 2011CompaniesCompanies

SabongSabong

JugglersJugglers

KARERA NG KALABAWKARERA NG KALABAW

MusikeroMusikero

LA Vetta opened in 2008 in the City of Golden Friendship. Specializing in French medit-teranean cuisine, La Vetta boasts of its master chef Carsten Radke, who came all the way from Switzerland and Germany where he lived and honed his culinary skills for the last 20 years. Chef Carsten came to the Philippines and married his Filipino-Chinese wife Jenny Radke, who is also a seasoned restaurant man-ager. With a common passion for the food business, the couple decided to settle in Cagayan de Oro where Jenny grew up and where Carsten felt as the best place to raise their two children. Thus, La Vetta was established. The couple, who are both pho-tographers, also have a common passion for the arts. Since La Vetta opened, they have brought in several artists showcasing a rare talent and skill in their respective crafts. So now, they have invited An-thony Fermin to hold his art exhibit in the city of Cagayan this August 5, 5pm at La Vetta Restaurant, Limketkai Rosario Arcade, Lapasan. Impressed with Anthony’s art, the couple hopes to ignite and sustain a passion for art among Kagayanons.

Fermin solo art exhibit in Cag. de Oro

GUSA terminalGUSA terminal

TAN BUILDING (ORANGE COLOR)C.M. RECTO AVENUE, LAPASAN HIGHWAY9000 CAGAYAN DE ORO CITY

CAGAYAN De Oro City – Cagayan de Oro’s fi rst concept café is now open! YOYO Premium Frozen Yogurt Café is located along Corrales Avenue, Cagayan De Oro City. Now you can have your fi ll of deliciously healthy frozen yogurt after mall hours.

With the same guilt-free indul-gence that you just can’t get enough of, the YOYO Cafe has something to offer for the whole family. New offerings were specially concocted for those that want a little more than frozen yogurt. Freshly made waffl es served with yogurt is available – per-fect for dessert, an afternoon snack or even breakfast. For those that want to simply unwind in a hip new setting, catch up with friends and loved ones over a cup of freshly brewed coffee.

YOYO Premium frozen yogurt opens in CDOThe YOYO Café showcases a

chic and cozy ambience and boasts of its unique modern-contemporary structure bringing a fresh dining experience to Cagayanons. Guests have the option of dining inside the café or al fresco. The YOYO Café is also available for yogurt parties and private functions.

Visit the YOYO Café along Corrales Avenue, Cagayan de Oro City with store hours from 2.00 PM to 11.00 PM. YOYO Premium Frozen Yogurt is also located at the Level 1, Robinson’s Mall and Level 1, SM City Cagayan De Oro City (fronting the entrance of SM Supermarket). YOYO Premium Frozen Yogurt is now open for franchising, email [email protected] for more inquiries. See YO, at YOYO!

6 BusinessWeekMINDANAOAugust 1-7, 2011

Website: www.businessweekmindanao.comE-mail : [email protected]

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promo-tions every Monday with offi ce address at Geleng Building, Lapasan Highway, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certifi cate No. 00875701, and with Business Permit No. 2010-5698, TIN No. 946-396-807 – Non VAT.

ATTY. MARIO T. JUNI. . .

L C

DANTE M. SUDARIAPUBLISHER

ROSE MARY D. SUDARIAMANAGER

JOE DEL PUERTO FELICILDAU C. Q E C RIZA O. ARES

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BUREAUS/AGENTS CEBU CITY RAUL CARDONA 0927 2251300

DAVAO CITY JESSIE PALABAO 0910 6681733BUTUAN CITY OBET SAMONTE 0905 7495220BUKIDNON MARY ANN NOBLE 0916 7276618

VALENCIA CITY ED BAUL 0920 9019294OZAMIZ CITY ATTY. ROBERTO CANTAGO JR. 0918 8070707

MIS. OCC. MARISA M. MANLAPIG 0928 9538828GINGOOG CITY WILLY RAMOS 0926 1691016WEST MIS. OR. JUN FELICILDA 0906 7389130EAST MIS. OR. JESSIE DAHAY 0935 9058038

LUCRESIA JERUSALEM PUERTO,CDOARMM REGION SONY SUDARIA 0917 3247258

ILIGAN CITY LENNETH V. GULA 0918 2986719ILIGAN CITY ROLLY TOMAWIS 063 223 8366

MARAWI CITY ASA MADALE 0916 1590131LANAO DEL SUR SAHRIA MARUHOM

MARANDING ELEANOR TAPITAN 0926 1888871 ZAMBO CITY CAMCER I. ORDOÑEZ 0908 7804348

PAGADIAN CITY AL FRANCISCO 0912 8484037IPIL, ZAMBOANGA SIBUGAY ALBERTO ALCORIZACAGAYAN DE ORO JOE PALABAO 0905 1569709PUERTO, CDO VICTOR ALCOVER 0926 9778513

CLAVERIA DAVID SUDARIA 0926 1096831MANOLO FORTICH, BUK. ALFONSO LEDESMA

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NELSON CONSTANTINOEDITOR-IN-CHIEF

TOTO DEP

JONATHAN CATALANJENELYN BESAS

A

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Member: Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber)Misamis Oriental - Cagayan de Oro Association of Publishers (MOCAP), Inc.

TEL. NOS.: (088)856-3344, (08822)72-33-44 (088) 587-1390, 74-5380, 0923-432-0687

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Talking points on the BIMP-EAGA air connectivity

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THINK a minute… Millions of children today come from broken families. But have you ever wondered if children of divorced parents totally get over it? Do they bounce back to live truly healthy, happy lives? Or are there any long-term damages done to kids by their par-ents divorcing? Recent statistics show that 90 percent of chil-dren from divorced fami-lies experienced serious shock, grief, and fears. 50 percent felt rejected and abandoned. One third of the kids feared being left even by the parent they were still living with. Two thirds experienced extreme loneliness for their other parent they were not living with. And surprisingly,

37 percent of the children were even more unhappy 5 years aft er the divorce than they were when it fi rst hap-pened. In other words, time did not heal their wounds and pain. After the children of divorced parents grew up, 40 percent of them never married, compared to only 16 percent of children who grew up with both their parents. Children of divorce were more likely to use drugs and alcohol before age 14. Th ey had less social skills and confi dence, and were less successful at uni-versity. Th ey were also more likely to commit crimes. Girls whose parents di-vorced experimented with sex at an earlier age and were more likely to get preg-nant as unmarried teenag-

ers. In fact, the evidence is very strong that the damage from divorce in one way or another lasts a lifetime. You see, since marriage is the foundation of the family, it makes sense that if you destroy the mar-riage you destroy the family. Th e old saying “Divide and Conquer” has been working to hurt and destroy millions of children’s lives. That’s exactly what divorce in a family does. But if you’ve already divorced, it’s never too late to start loving and putting your children fi rst. In fact, the only one who can help you fi x and heal the dam-age to your family is the one who created families. So why not ask Jesus Christ to forgive you for your mis-takes and wrongs you’ve

done to your mate and children? Then ask Jesus to help you start changing. He’ll help you to love your mate and children without conditions, so they can be-come the strong, happy and successful adults you want them to be. Just think a minute...

FAMILIES of Filipinos work-ing abroad should probably have no problem receiving their remittances nowadays. There are a lot of reliable remittance centers and prod-ucts that they can choose from—from banks to money transfer to mobile banking facilities. Exorbitant remittance charges are also a thing of the past, a government agen-cies such as the Bangko Sen-tral ng Pilipinas (BSP) have continually been enhancing transparency and promoting competition in the remit-tance market for the benefi t of Overseas Filipinos (OFs) and their benefi ciaries. According to the BSP, studies on remittances have

highlighted the importance of healthy competition among remittance players to bring down transaction costs. In 2006, the BSP issued Circu-lar No. 534 which required banks and non-bank fi nancial institutions to post remit-tance charges, classifi cation of costs, and other relevant information for the benefi t of both remittance sender and receiver. Th e BSP has also issued several useful reminders to OFs and their families to protect their remittances. For one, OFs are strongly advised to transact through formal channels so they could trace their money should delays or complications arise. OFs are also reminded

to course their remittances through Banks or Remit-tance Agents (RAs) other than banks, which are duly registered with the BSP’s In-tegrated Supervision Depart-ment I (ISD-I). A list of these registered remittance agents are posted at the BSP website: www.bsp.gov.ph/banking/FXDMCRA_registry.pdf. Th e BSP has likewise em-phasized the importance of selecting a remittance agent with an established track record for good service. Here are some helpful tips from the BSP for remittance senders: • Do a comparison of different service providers and consider the institution’s dependability, the amount of fees charged, and the rate

used for converting your funds to the currency that your benefi ciarieswill receive. • Demand for the original receipts and keep them for future reference. • Check the accuracy of critical information in your application form for remit-tance (for example, the name and address of the intended benefi ciary). • Immediately inform the recipient of the date the re-mittance should be expected. Other information (such as the Money Transfer Control Number or MTCN) should be known only to the sender and the recipient. • Find out the contact numbers or hotlines of your

remittance agents and inform your intended benefi ciaries of these details. There is also a separate list of reminders for the ben-eficiaries or the remittance receivers: • Upon receipt of notice of your incoming remittance, immediately proceed to the designated remittance agent. Bring the original and a copy of at least one valid photo-bearing identifi cation docu-ment (ID) issued by an offi cial authority. • Immediately inform the sender as soon as you have received the remittance. Mention the amount, date received, and other details of the transaction. • If you have not received

the remittance by the date that you were told by the sender to expect it, ask the remittance agent for the status using the MTCN as your basic refer-ence. Also inform the sender so he or she could follow up

AIR linkages in southern and northern Mindanao premier airports to our neighboring East Asian countries are ripe in the picking for reciprocal ar-rangement between the national carriers of the respective BIMP countries. Transport Ministers of this East Asian Growth Area are in unison in their joint declaration last July 27-28, Ministerial meeting held in Cagayan de Oro City. Our Department of Tourism (DOT) and the Civil Aviation Authority of the Philippines (CAAP) are the lead agencies to walk the two days talk and pursue the vision long overdue since the found-ing of the BIMP-EAGA in 1994. With more modern aircrafts acquired by the four leading carriers in the country, Philippine Airlines with 32 fl eets con-

sisting of Boing 747-400, 2 units. Airbus340, 5 units, A330, 4 units, Airbus 320, 8 units and their latest Airbus 319 with 13 units. PAL’s aircraft average age is 9 years. While Cebu Pacifi c Air with 10 units of A-319, 15 units of A320 and 8 units of ATR 72 for a total of 33 aircraft s and more are scheduled for de-liveries in 2016 according to their Chief Operating Offi cer , Lance Gokongwei which will make them the number one airline com-pany in the Philippines. Th eir average aircraft age is 3 years and 2 months. Air Philippines which was renamed Air Express have 18 aircraft s of various type serving the missionary routes in the Philippines. Th ey have the newest fl eet of Airbus 320’s and 8 units of the propelled DASU 8-300 which were acquired only in September of 2010.

Air Express has the young-est fl eet of aircraft s in the entire country. More players from the Air Asia Airlines of Anto-nio “Tony Boy” Cojuangco which is talked about and expected to take off this August with Clark Inter-national Airport in Pam-panga as their hub. Zest Air of Alfredo Yao under the Micro Asia Group which is also scheduled to lo-cate their Zesto and RC Cola Manufacturing Plant in Villanueva, Misamis Oriental have 11 aircraft s with 5 units of A30, 1 unit of the A319 and 3 units of the Canadian built MA 60 as their newest acquisi-tion serving the Manila to Caticlan route of the island of Boracay. Two more A-320’s are sched-uled for delivery as earlier announced by their Presi-dent Avelino Zapanta. Zest Air is now serving the Ma-

nila to Cagayan de Oro and Zamboanga to Cagayan de Oro routes. Th eir average aircraft age is 6 years. Mounting inter country air linkages requires a par-ity air treaty or agreement between governments for reciprocal fl ights of their countries national careers. Our national leadership through the National Tour-ism act of 2009 is man-dated to explore this op-portunities to drum- up eco-tourism in Mindanao.

BUNYE/PAGE 7

7BusinessWeekMINDANAO

August 1-7, 2011Views.OpinionViews.OpinionQuality Of Life

Answered prayers

A n u n -p u b l i s h e d b o o k a u -t h o r e d b y Rose Sudaria on the e f -fects of be-i ng r a i s ed in a broken family to the a c a d e m i c performance of children revealed many fi ndings that would make one refl ect on parenting. The author confi rmed through the data gathered that indeed the family environment is one of the very important determining factors of children’s success in school. The fi ndings are contained in a thesis defended before a panel of examiners and submitted to the Graduate School of Capitol University in partial fulfi llment for the degree Master of Arts in Education Major in Educational Administration. How to effectively parent our children in the diffi cult and complex society we live in has become an increasingly sig-nifi cant topic in recent years. Indeed, parents are the most important infl uence on their children’s development especially in the aspects of discipline, building self-esteem, importance of schooling, and even fi nding life’s purpose. Being parents for more than 10 years now, we would like to share some thoughts about practical parenting. Since this is going to be a lengthy discussion, we will not be able to expound everything in this column. However, we promise to delve more on this in the succeeding issues of this paper. Perhaps, it is good to start with discipline. Discipline is a basic need of children. In fact, the Word of God says: “Foolish-ness is bound in the heart of a child; but the rod of correction shall drive it far from him” (Proverbs 22:15). It is the child’s nature to deviate from the norm that’s why he must undergo discipline. In his book “You and Your Child,” Charles R. Swindoll wrote: Every baby starts life as a little savage. He is completely selfi sh and self-centered. He wants what he wants when he wants it, his bottle, his mother’s attention, his playmates’ toy, his uncle’s watch. Deny these and he seethes with rage and aggressiveness, which would be murderous, were he not so helpless. He is, in fact, dirty. He has no morals, no knowledge, no skills. This means that all children, not just certain children, are born delinquent. If permitted to continue in the self-centered world of his infancy, given free reign to his impulsive actions, to satisfy his wants, every child would grow up a criminal, a thief, a killer, a rapist. This implies that if children manifest an unacceptable be-havior, they must be disciplined. Only those parents who love their children will not withhold discipline from them. However, it must be a loving discipline. Children must know that they are being disciplined because their parents love them. A loving discipline requires that parents must give affi rmation to the child after he is being disciplined. In affi rming the child, parents can explain what wrong was done and why he is being punished. Moreover, children who are disciplined will learn to take rules not only at home but also in school and in their community seriously. Even when they grow up, they will bring it with them. If they are not disciplined at home, they will be undisciplined outside the home and bring shame and disgrace to their parents. From the start, the child must already experience discipline that’s why it is said “Train up a child in the way he should go: and when he is old, he will not depart from it” (Proverbs 22:6). Come to think of it: What will become of children without their parents at home? Or what will become of children who, even if their parents are at home, did not experience quality time from their parents? Many parents, nowadays, are just like money dispensers or automated machines whose only role in the life of their children is to provide for their physical and ma-terial needs. They don’t have any idea about the likes/dislikes, preferences, hang-ups, strengths, weaknesses, hopes, dreams and aspirations of their children. Parents will only get to know these things if they spend quality time with their children. Herbert Hoover said “Children are our most valuable re-source” and as parents, we have no greater joy than to see our children live an upright and honorable life. To all parents and would-be parents, it is time to give parenting a careful and prayerful thought.

PARENTING: ANYONE?By REY and FRANCIS THAISE CIMENE

LIFE isn’t life at all when of one’s ability to live is curtailed or limited by a debilitating ill-ness. So they say. How many of us get confronted by either family members or friends or acquaintances who suff er from a chronic disease or a life threatening and terminal illness? More often than not, when I get to release a di-agnosis of the Big C, the immediate reaction of either the patient or the immediate family member is: how many months or years more? What do I have to expect? What are my treatment options? How expensive or what are the costs? Th ese are but a few of the oft en voiced out questions. Th is, however, is not just limited to cases of the Big C. Th is kind of uncertainty is felt more strongly by those whose loved one or person is admitted to the intensive care unit for say, diseases that require ventilator assistance

and the attachment of all kinds of machine and equip-ment and tubings to sustain life. When one is faced with this kind of dilemma, the feeling of hopelessness and inadequacies surface. Sur-prisingly, this knows no boundaries: whether one is educated or not, rich or poor, young or old, with religious affi liations or the absence of it, no one seems to be exempt. In the Western coun-tries, them being far more advanced in their thinking and studies, saw the need for PALLIATIVE CARE. Th is is a specialized area in healthcare that focuses on the provision of relief and prevention of suffering of the patient. Its ultimate goal is actually holistic in nature: it aims to address not just the physical but emotional, spiritual and social concerns of the patient but the family as well. Palliative care is never at

odds with Traditional medi-cine. Whereas, Traditional medicine is focused on Cura-tive ( meaning treatment of the disease ), palliative care is but a support system to curative medicine. This offers the patient relief from the symptoms. Say for example: pain man-agement for those in pain, medications targeted at countering the side eff ects of chemotherapeutic drugs for cancer patients. Th e ultimate goal of which is to lessen the stress on the patient and fur-ther give quality to his/ her days. Needless to say, palliative care do not just address the patient’s needs, but it also aims to help the caregivers and the immediate family members. Th e medical community sometimes forget the impor-tance of attending to the needs and concerns of the family. This failure to properly

communicate to them what to expect in terms of disease progression and prognosis, cost, side effects and other treatment options, can spell the diff erence between com-pliance and cooperation. More importantly, when they are involved actively in the discussion and option se-lection, they become empow-ered and are thus prepared emotionally, spiritually and economically. Th is I believe is what we mean by Quality of Life.

I NOTICED that I’ve been writing a lot about afflic-tion and tribulation. This makes me concerned that the readers might automatically expect the sting of suff ering every time they see my writ-ing. We need a break from dark and deep refl ections, so I will write something jolly and nice. What could be a happier topic than happiness itself? I’m writing the draft of this article in our swing. I’m searching my storeroom of memories for a happy event that I could write about. I want this literary piece to be more personalized and less sermonized. As I’m writ-ing, strong gusts of wind are battering the trees while the smaller plants are bowing to their knees. We are in the outdoor ad-vertising business, and strong winds are our worst nemesis. I quickly sent a short prayer to the Lord to protect our billboards. I reminded Him

that our business is our phi-lanthropy. I walked hurriedly to the end of the garden to check the gigantic billboard erected there. This steel giant ob-structs some of our view, but I’m not complaining because it helps put food on the table. I expected to see the huge tarpaulin frantically bang-ing against its steel frame. But sweet surprise, it was motionless and was calmly in place. Yet all around me everything was blowing in the wind. Happiness overflowed. God is still in the miracle-making business! Even be-fore we can utter it, He is there ahead of us, arranging the answer to our prayer. He positioned the wind to blow from the West, so that it will pass thru the side of the bill-board structure and not at the front where it can do the most damage. Amazing! Some of you might think this is no big deal. Th is does

not belong in the supernatu-ral realm. Th at’s because you see obscurely through the fog of unbelief. But for those of us whose eyes are steadily fo-cused on the Lord, we see His wondrous touch everywhere. His loving hand transforms the ordinary into extraordi-nary. What could be a better happiness producer than answered prayers? Sometimes God chooses to answer our prayers quickly because He knows that is the best way to build up our faith. At other times He delays it, because He is still fi ne-tuning our defects to put us in top condition to receive our miracle. On some pro-found occasions, God in His infi nite love sees that what we are petitioning will result in our undoing. When our prayers will bring more harm than good, God will take us by the hand and tenderly say, “My child, allow Me to give you something better than

what you are asking for.” To the man of deep faith, some of God’s greatest gifts are unanswered prayers. Happiness is an inside job. It does not depend on who we are or what we have. We all belong to the family of the Living God. We abso-lutely do not need a reason to be happy. Just being alive and breathing, is reason enough to be celebrating!

follow up and trace the whereabouts of the remit-tance. • Immediately report any errors or discrepancies noted in the remittance to the re-mittance agent for prompt corrective action. Should you have any complaints about your re-mittance agents, you can get in touch with the BSP’s Financial Consumer Aff airs

Bunye...from page 6

2,331 megawatts (MW), a 16 percent increase year-on-year. Th e expansion was due to the completion of the 16.5-MW Plant A of Hedcor Sibulan in July 2010 and of the last unit (or 82 MW) of the 26 percent APC-owned Cebu coal power plant. Th e company also assumed full ownership and control over the 70-MW Bakun hydro facil-ity in May, acquired the 242-MW power barges in Navotas also in May, and partially com-pleted the rehabilitation of the Ambuklao hydropower facility in June. “Favorable developments with respect to our greenfi eld hydro projects, the recent re-birth of the Ambuklao Hydro, as well as the signifi cant strides made by the Subic and Davao clean-coal greenfi eld plants are demonstrating that Aboitiz-Power’s project development pipeline is full and will provide earnings growth over the next few years. Th e recent acquisi-

Power...from page 4

AboitizPower’s strategic move of lowering its exposure to the spot market, as it continued to sign additional bilateral contracts. By the end June, APC’s attributable capacity was at

Group via telephone num-bers (632) 7087087 or (632) 524-7011 local 2584, fax number (632) 5258930, or e-mail address [email protected].

Toshiba...from page 8

routes in Metro Manila,” said Yoshioka. Toshiba expects to plant narra, fi re tree, molave, aca-cia, banaba and other species on the C5-Fort Bonifacio area. Th e tree planting activity is a component of the Toshiba group’s global initiative to plant 1.5 million trees world-wide by 2025 to celebrate the company’s 150th anni-versary, Moreover, the tree planting program reflects the group’s Environmental Vision 2050, a comprehensive and long-term commitment to environmental practices that promote harmony with planet Earth. Planting 30,000 trees would take three years to be accomplished, he said. Meanwhile, Yoshioka said the manufacturing activities of Toshiba Philippines in the industrial zone at Santa Rosa in Laguna has not been aff ected by the tsunami at-tack in March this year. “In

to jumpstart the company’s “greening” program. “We decided to start in C5 because it’s one of the most important

tion of the Navotas barges will also provide an interesting fl ex-ibility to our portfolio of assets,” said AboitizPower President and CEO Erramon Aboitiz. APC is the holding com-pany for the Aboitiz Group’s in-vestments in power generation, distribution, retail and power services. It is a major producer of Cleanergy, its brand for clean and renewable energy in the Philippines with several hydroelectric and geothermal assets in its generation portfolio and also has non-renewable power plants located across the country. Th e company owns distri-bution utilities that operate in high-growth areas in Luzon, Visayas and Mindanao. (pna)

fact, the Santa Rosa plant is a vital component in the supply chain of Toshiba,” he said. Th e plant produces 3.6 million hard disk drives every month exported to the world market. As a manufacturer of wide range of products in factories around the world, Yoshioka said the Toshiba group is active in reducing the envi-ronmental impacts resulting from increased production, from the perspective of miti-gation of climate change, management of chemical substances, and effi cient use of resources. “More specifically, we have been focusing our eff orts on semiconductor factories, the greenhouse gas emissions which account for about half our total emissions to con-tribute to achieving Japan’s goal of reducing the total greenhouse gas emissions by 25 percent by 2020, Yoshioka said.

8 BusinessWeekMINDANAOAugust 1-7, 2011 CompaniesCompanies

BRANCHES TEL. NOS.

1 DAP ALANO, PAG. CITY 062-92512142 DAP MOLAVE 062-22515393 DSM MANDAUE CITY 032-34463744 HD DATOC, PAG. CITY 062-92512185 DAP BUUG 062-34481226 DAP DIPOLOG CITY 065-21282637 DAP OROQUIETA CITY 088-53117798 HD IPIL 062-33355999 DAP AURORA 062-331211110 DAP CALAMBA 088-564809311 HD MOLAVE 062-225153912 HD BUUG 062-344812213 DAP KABASALAN 062-328220714 DAP SINDANGAN 065-224281915 HD ALANO, PAG. CITY 062-214156116 DAP NUÑEZ 062-991879717 DAP IMELDA 0920-638535518 DAP OZAMIS DABA 088-521485019 HD VETERANS 062-993151820 DAP LILOY 065-311107121 HD MARANDING 063-388734122 HD OROQUIETA CITY 088-531177923 DAP GUIWAN 062-990189524 DSM - Tagbilaran 038-501081325 SMCT 062-333259026 SUCABON 062-991093327 DAP IPI 062-333559928 DAP OZAMIS - Rizal Ave. 088-521592429 DAP DIPOLOG - Rotunda 065-908238930 DSM - DIPOLOG 065-9082389

DES APPLIANCE

PLAZAMAIN : CPG NORTH AVE. TAGBILARAN CITY

Toshiba Corp. starts drive to help greening campaignTHE Toshiba group of com-panies has vowed it will help in the greening of the Philip-pines as part of their contri-bution to clean the air in the country.

Toshiba Corp. corporate senior vice president Shoji Yoshioka pointed out that the that the diff erent companies of Toshiba in the country will plant 30,000 trees of various

species endemic to the en-vironment to help fi ght the impact of climate change and air pollution in the country. “Th is is the start of the pro-gram to plant 30,000 trees in

the country,” said Yoshioka in conversation with the media at the sidelines of the tree planting event held on July 21 on CP Garcia Avenue (also known as C5 Circumferential

Road). Toshiba has 10,000 em-ployees in its three operating companies in the Philippines. Aside from Toshiba Informa-tion, the two other fi rms are

Toshiba Storage Device (Phil-ippines) Inc. and Toshiba Logistics (Philippines) Corp. Yoshioka said the C5 Road greening program was

Del Monte backs eco clean-upEMPLOYEES of Del Monte Cannery in Bugo, Cagayan de Oro joined a multi-sec-toral team in an environmen-tal clean-up on the shores of Macajalar Bay, July 22. Over 50 volunteers led by Bugo Barangay Capt. Raul Aleria, barangay Kaga-wads Ruby Jamero, Health and Sanitation Committee Chairman; and Edwin Aban, Environment & Ecology Chairman; and officers of the Del Monte-Bugo Can-nery Labor Union joined the latest in a series of clean-ups to protect the waters of one

of Mindanao’s richest marine havens. Armed with brooms, wooden rakes and sacks, vol-unteers combed through fi ne sand and swept out wastes from homes along a stretch of the barangay’s shoreline. Del Monte Philippines, a leading pineapple exporter whose main manufactur-ing facility is located in this coastal barangay, supports environment conservation initiatives by employees, business partners and com-munity organizations.

TOSHIBA/PAGE 7

DEL MONTE/PAGE 11

Main Offi ce: 164 Mother Ignacia Avenue, Quezon City(02) 332-8300 / 0922-8878459

www.bionutriwealth.com/www.members.bionutriwealth.com

Tagum : Near Public marketDigos Mega Center : Christy Melendrez - 0939-5846605Iligan Mega Center : Dra. Nacion Superable - 0922-8633148Urdaneta Mega Center : Loreta Lozano - 0923-7191832Cabanatuan Mega Center : Manuel NaldazaBulacan Mega Center :Palawan Mega Center :Solano Mega Center : Irene Luluquisin - 0921-6561277Laog Mega Center :

9BusinessWeekMINDANAO

August 1-7, 2011

10 BusinessWeekMINDANAOAugust 1-7, 2011

BRANCHES ADDRESS CONTACT NUMBER 1. QAPI - CDO J.R. BORJA ST., C.D.O.C. 72-40-58/857-41132. QAPI-ILIGAN DY PICO BLDG., LUNA ST. 063-221-3646 0917-632-53053. QAPI-VALENCIA T.N. PEPITO ST. 088-828-2090 0917-632-53064. QAPI-BUTUAN COR. MONTILLA VILLANUEVA ST. 085-815-2422 0917-632-53015. QAPI-PAGADIAN SAN FRANCISCO DISTRICT 062-214-1754 0917-632-53086. QAPI-OZAMIZ J.P. RIZAL COR. LAUREL ST. 088-521-0917 0922-650-18797. QAPI-SURIGAO MAGALLANES ST. 086-826-1170 0917-632-53108. QAPI-DIPOLOG GEN. LUNA COR. OSMEÑA ST. 065-212-4327 0922-3045-2909. QAPI-GENSAN SUN CITY SUITES NAT’ HI-WAY 083-301-900210. HAPI-OSMEÑA OSMEÑA EXTENSION, 72-63-13/856-401911. HAPI-DUMAGUETE MARIA CRISTINA ST. 035-225-1581 0922-8501-34912. HAPI-TAGBILARAN C.P. GARCIA AVE. 038-235-3037 0922-8501-87713. SAPI-CARMEN VAMENTA BOULEVARD 858-166014. SAPI-PALA-O PALAO EXTENSION 063-221-2607 0917-632-531315. RAPI-CAPISTRANO CAPISTRANO ST. 856-492916. RAPI-TACLOBAN ZAMORA COR. STO. NIÑO ST. 053-325-9957 0917-632-533917. CQ-LIFESTYLE CENTER J . R . B O R J A S T . 5 7 - 9 0 0 1 - 0 4 / 714136-37 / 857-9094 0922-822807118. CQAI-CEBU OSMEÑA BOULEVARD 032-254-5899 0922-8228-06819. CQAI-IPIL PRES. QUIRINO ST. 062-333-2491 0917-632-532120. CQAI-ZAMBOANGA ZONE 3, NUÑEZ ST., 0922-8501-339 062-992-289021. CQAI-MARANDING HIGHWAY, LALA, LDN 063-388-7116 0917-632-533322. CQAI-ORMOC AVILES ST. 053-255-7593 0922-8501-35923. CQAI-SIDANGAN ZAMORA ST. 065-224-2802 0917-632-533624. CQAI-TALISAY BULACAO TALISAY CITY 032-272-1192 0922-8228-06525. CQAI-TAYTAY No. 9 RIZAL AVE., 02-669-1182 0922-8228-067

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11BusinessWeekMINDANAO

August 1-7, 2011

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

Country Style Ham, the fl agship product of SLERS, isprepared naturally and dry-cured in salt, smoked over fragrant hardwoods, and is aged at least six months.A perfect addition to your dining table during specialoccasions, festivities, and Christmas Holidays.

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

The SLERS Pearshaped Ham, visibly unique, isdistinctively cured to bring out a special type of sweet-ness, with just the right amount of salt to give thistender meat its unmistakable great taste.

Beef Pastrami is naturally smoked, rolled andgarnished with generous amounts of ground blackpepper and other spices. This extraordinary dish isgreat on its own.

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

SLERS Corporate Offi ceVelez corner Del Pilar Streets, Cagayan de Oro CityPhone (088) 855-1438

Ham and Cafe OutletsCagayan de Oro Velez Corner Del Pilar StreetsPhone Numbers (088) 855 2426 and (0923) 4199865Manila: SM City North Edsa, SkygardenPhone numbers (0922) 7179528

disposal. Del Monte volunteers, most of whom are also resi-dents of the barangay, have shared in this communi-ty effort over many years. Th ey also teach eco-friendly techniques to community youth and assist in other eco-friendly programs.

Del Monte...from page 8 For these clean-up ses-sions, Del Monte provides volunteers with cleaning tools and materials, includ-ing rakes made from recy-clable materials and sacks for waste segregation and

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

PANEDOTTE PASTRIES

Demand...from page 1

Summit...from page 1

Trade...from page 1

increases, this means that by 2018, Mindanao will have a peak demand of 2,031 MW from the 2008 level of 1,228 MW and by 2030, this will reach 3,493 MW. With this projected demand, the 101 MW committed capacities for Mindanao is not enough, which is why Greenergy is pushing the Pulangi 5 HP project to become a reality. Th e Pulangi 5 HP project, which is already approved by the Regional Development Council of Northern Min-danao (RDC-10), will have three units of 100 MW each to be constructed in Southern Bukidnon and North Cota-bato.

tion of measures to create an enabling environment and provide government support not only to improve SME access to fi nance and expand market access but also to strengthen SME productivity and competitiveness and link-age with large enterprises and value chain networks.” At present, Ms. Alcantar said MSMEs comprise 99.6% of the country’s total number of firms, contribute 61% to total employment but only 35.7% to value added. “The new plan aims to create two million new and sustainable jobs by 2016 and raise the economic contribu-tion of SMEs to 40% of gross value added,” she added. “Th e targeted increase would place the Philippines at par with the share of the SME sector to GDP of other countries in the ASEAN region.” Th e agency also brought in two of the region’s most successful MSMEs who have had successful engagements with consultants to share their experience with the forum participants. “We can choose to learn from our own mistakes or we can learn from the mistakes of others through the help of the consultant’s advice,” said Mercedes P. Mejia, director for sales and marketing of SLERS Food Corporation. “Having a consultant look into your operation is even better than enrolling for a masters or doc-torate decree because there is a direct application of knowl-edge. Having the expert who comes with a vast experience can never be duplicated by time you spend in a classroom learning the theories.” “Th rough the consultant’s assistance and support, our company garnered the 2010 Outstanding MSME Award (Micro Category) awarded by DTI & MSMED,” said Stepha-nie Rosalind P. Caragos, CEO of Syntactics, Inc., a BPO fi rm serving mainly overseas clients. “Through consulta-tion and mentoring, we have learned how to manage our workforce better and learned how to make our company

holders such as legislators, the Central Bank representatives, and institutions that provide access to finance such as the Land Bank of the Philippines, People’s Credit and Finance Corporation, and the National Livelihood Development Cor-poration. Furthermore, the cham-ber prexy of the host city said most of the businessmen par-ticipating the conference will be coming from Caraga Region, especially the members of the Chamber of Commerce and Industry in all the provinces of Caraga, “but there are also busi-nessmen who have operations here and are based in Manila, as well as businessmen whose market is not in Caraga but they are into export in Europe and US.” Among the speakers in the conference are Cong. Lo-renzo Tañada III, Liberal Par-ty spokesperson and Deputy Speaker of the House of Rep-resentatives; Head of the Blue Ribbon committee of the Sen-ate – Senator Teofisto “TG” Guingona III; Sen. Ralph Recto; and Central Bank Governor Armando Tetangco, Jr. (pia-caraga)

on the island. “With the substantial con-tribution of banana to total ex-ports and emerging threats to the banana industry, the board sees it fi t for Mindanao to have an institution responsible for the conduct of comprehen-sive studies and scientific approaches to sustainable ba-nana farming,” the statement quoted MinDA Chairman Luwalhati R. Antonino as saying, noting that, currently, there is no research institute that collates, integrates and supports such studies on the crop. Earlier this year, key in-dustry stakeholders under the Pilipino Banana Growers and Exporters Association called for specialized research and development support. Ms. Antonino said that, among others, the envisioned body could fi nd better ways to prevent diseases that infest ba-nana farms, improve farming techniques and post-harvest practices, as well as explore the potentials of banana va-rieties like lakatan, binangay, latundan and cardaba. The MinDA chief noted that while there are agricul-tural research efforts under the Zonal Research Center of the University of Southern Mindanao -- which focuses on the potentials of abaca, banana and oil palm in the regions of Zamboanga, Cen-tral Mindanao and Caraga -- there is still the need to collate research fi ndings and recommendations relevant to Mindanao’s banana industry. Moreover, Ms. Antonino noted, the center’s three-year funding ends this year. MinDA also noted that Davao del Norte Governor Rodolfo P. del Rosario had proposed that the research institute be organized under the University of Southeastern Philippines. Mindanao now accounts for about 81% of the country’s banana production. Last year, Mindanao’s banana output of 7.4 million metric tons (MT) comprised the bulk of the country’s total production of

Banana...from page 1

subject to wild fl uctuations, unlike imported oil and coal fossil-based energy prod-ucts,” said Cerael C. Donggay, president and chief executive offi cer of Greenergy Develop-ment Corp., which is under-taking the ambitious $900 million (P37 billion) Pulangi 5 HP project in the southern Bukidnon province. Donggay, former vice pres-ident of the National Power Corp. (NPC), said that once Pulangi 5 becomes a reality, it will provide 300 MW of ad-ditional capacity or an annual supply of 1,256 gigawatt-hours (GWh) to the Mindanao grid. “The Mindanao grid is heavily dependent on hydro-electric power plants. In fact, 53 percent of the 1,682 MW total dependable capacities in 2009 is from hydro. With the coming in of the existing committed capacities and with the assumption that hydro facilities in the grid will run on its normal condition, sup-ply requirement in Mindanao will satisfy the projected an-nual increase of 4.6 percent in peak demand. However, to prevent the recurrence of another round of supply defi -cit in Mindanao, the grid will need an additional capacity of 2,500 MW starting in 2010,” the DOE said in its Power Development Plan 2009-2030. According to the DOE, the Philippines needs “around 17 gigawatts of new capaci-ties to meet the demand and reserve requirements for elec-trical power” for 2009-2030. “Of these, 1,338 MW will come from committed power projects…and the remaining capacity requirements are still open for private-sector participation.” Th ese committed power projects include the 101 MW in Mindanao such as the 42-MW Sibulan hydropower plant, which started opera-tion in mid-2010; the 8-MW Cabulig hydro, which is due for completion this year; and the 50-MW Mt. Apo III geo-thermal plant targeted for completion in 2014. “Additional capacities are needed on top of the com-mitted capacities to meet the increasing electricity require-ment of the country broken down into the following grid requirements: 72 percent or 11,900 MW for the Luzon grid; 13 percent or 2,150 MW for the Visayas grid; and 15 percent or 2,500 MW for the Mindanao grid,” the DOE said. In terms of energy sales, the DOE expected that by 2018, Mindanao’s annual ener-gy sales will expand to 11,904 GWh from the 2008 level of 7,578 GWh. And by 2030, Mindanao’s energy sales are expected to hit 20,470 GWh. Translated into peak demand

9.1 million MT. While Mindanao contin-ues to dominate the Philippine banana industry, local banana growers and producers have voiced their concerns on in-dustry’s sustainability. Besides trade constraints like Australia’s stringent im-port requirements, local ba-nana growers have to contend with climate uncertainties, while exporters have com-plained of the practice of some contract growers selling their produce to traders who off er higher prices. Among others, growers fear that banana shoots that sprouted during the drought last year will likely yield sub-standard produce unfi t for the export market, MinDA noted further. (MinDA)

fi elds of expertise into a local pool that any of the 40,000 registered MSMEs in Region X could tap for their specifi c needs. “We only have a very limited number of technical personnel in our offi ce to be able to realize any substantial assistance to the MSMEs in our area,” said Ma. Eliza A. Pa-billore, DTI Misamis Oriental provincial director. “Further-more, MSMEs can only aff ord limited budgets for advisory and consultancy services so local experts should be a good fi t.” Besides gathering local consultants into a pool, Liza M. Alcantar, Business Devel-opment Division Chief for DTI-10 presented the MSME Development Plan for 2010-2016 to the local experts to ap-prise them on MSME’s needs and requirements as well as the gaps and challenges they can fi ll with their expertise. “The MSMED Develop-ment Plan for 2011-2016 has categorized challenges facing MSMEs into those involving the business environment, access to finance, access to markets, and productivity and effi ciency,” Ms. Alcantar said. “Th e new plan envisions a more focused implementa-

better for our team members. Eventually, our consultants helped us become ourselves in our niche market.”

ence, Andaya said several groups who could off er access to finance without collateral were invited to the two-day conference. Th e 17th Caraga Business Conference is anchored on the theme: “Pushing for a Progres-sive Caraga” and will be held on August 3-4 at Almont Hotel’s Inland Resort, this city. Th e conference will tackle concerns of the mining and wood industry in the region, and familiarize participants with the regulatory environ-ment. Among them is the presen-tation of existing laws which aff ects the business industry, but are not known to stakeholders. Th is includes, “micro-insurance initiatives which will provide social protection for poor peo-ple,” Andaya said. Andaya further said the Caraga Business Conference aims to bring together stake-

12 BusinessWeekMINDANAOAugust 1-7, 2011

Multifunction copier iR Advance C5051

New business solutions launch Canon’s ‘Life aft er 6’ campaignCANON Marketing (Philippines), Inc. has announced a new range of business solutions designed to make work simple, so that users have less work stress, more time to enjoy moments that matter, and achieve a better work-life balance. This is in line with Canon’s “Life after 6” campaign which pro-motes the importance of enabling executives and workers to enjoy time away from work to improve

employee well-being and job per-formance. Studies have shown that productivity increases as workers return to their jobs refreshed after enjoying time off to ‘recharge their batteries’. This can be as simple as meeting friends after-six or spend-ing dinner with family. Having more time for ‘life after work’ is made possible by Canon Business Imaging Solutions. Known for their superior technology, Can-on’s business products create a conducive work environment by facilitating effi cient workfl ow between hardware and software, causing less work stress, saving time and money, leading to work effi ciency and productivity. Canon Marketing (Phils.) presi-dent and CEO Alan Chng said, “”More than just high-quality equipment, Canon’s advanced sim-plicity transforms the way people

work in order to create more leisure time for a healthier, more produc-tive workforce, which translates to profi tability.”

Powerful yet simple Canon Business Imaging Solu-tions has four product groups to suit the needs of companies to effectively run their business and provide the best output quality for customers. These include multi-function copiers, laser multifunc-tion and single-function printers, imaging managing systems (docu-ment reader/scanner and large format printing), and production and graphic arts. The new multifunction copier, iR Advance C5051, features an intuitive user-friendly interface for quick one-touch functionality and performance. A confi gurable Quick Menu may be customized to individual requirements to enhance

productivity and user experience, while a handy tutorial menu keeps everyone up to speed. This model instantly edits scanned documents and can print from anywhere in the offi ce. Files are converted and shared easily and effi ciently across multiple destinations, so everyone can be on the same page with just the touch of a button. The stylish and portable new document reader/scanner, image-FORMULA P-150, is user-friendly with its convenient USB power and plug-and-scan capabilities to deliver high-resolution outputs in black and white, grayscale or color up to 600dpi for great scans on the go. It produces high-speed quality outputs up to 15ppm/30ipm. With its speedy one-pass scanning, the P-150 can scan documents front and back simultaneously at 15 pages per minute or 30 images per minute for black and white, and quick 10 pages per minute or 20 images per minute for color, all in one portable handheld device yet big enough to handle up to A4-size documents. Two new user-friendly la-ser printer models, the image-CLASSMF8350cdn and Laser Shot LBP9100Cdn, offer high-resolution quality outputs with the lowest energy consumption in their class. These ultimate all-in-one business color solutions are ideal for small-and medium businesses. The imageCLASSMF8350cdn prints in just 8 seconds, a cost-effective 4-in-1 device that can print, copy, scan and fax documents in crisp monochrome or brilliant color. Being network ready, it lets everyone in the offi ce be connected easily to enhance productivity and communication. Its exceptional fax modem can transmit at a whopping 3 seconds per page, so you never have to miss an important docu-ment. A built-in duplex automatic document feeder allows automatic double-sided printing, scanning, copying and faxing with ease. On the other hand, the lead-ing high-performance color laser printer Laser Shot LBP9100Cdn features on-demand fi xing technol-ogy for less warm-up time. It ac-cepts A3, A4, letter and other sizes with print speed up to 20 pages per minute on A3 paper. It prints crisp and clear black and white documents, presentation and more in the professional laser quality you demand, faster than conventional printers. Being network-ready, it offers fast, easy printing within small workgroups or offi ces. For CAD/GIS, posters, business documents and more, Canon’s new large format printer, the image-PROGRAF iPF750 delivers sharp, crisp and vivid output. With easy paper loading and maintenance, it’s a one-stop professional print solution that supports a fi ve-color ink system, print size up to 36 inches, and a helpful account-ing function so that businesses and companies may track their printer’s output and usage carefully to reduce wastage and save idle downtime and cost. In the production and graphic arts product group, the new im-agePRESS C7010VP produces exceptional image quality, high productivity and reliability. It gives natural finishing and livens the glossiness of various media, ensur-ing a professional look that is close to offset printing.Running a business effi ciently,

productively and profi tably Canon business imaging solu-tions (BIS) are designed to advance the way communication materials are produced, as proven by a number of multinational and top Philippine corporations that have adopted the system. By working effi ciently and fast, they reduce costs while giving quality and performance, integrate workfl ow, and increase productivity. Canon’s vision is to move one’s business forward with simple yet advanced technology, giving people time to pursue life after work.

CompaniesCompanies

BusinessWeekBusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

FeaturesAugust 1- 7, 2011

Feature Editor: Feature Editor: JOE PALABAOJOE PALABAO

Giardini Del Sole invades CdOGiardini Del Sole invades CdOBy JOE PALABAO

GIARDINI Del Sole, the country’s pre-mier manufactur-

er of exquisite wooden furniture will have its grand opening this com-ing August 20, 2011. Giardini Del Sole Fac-tory Outlet and Showroom is conveniently located at Kauswagan National High-way, Cagayan de Oro City is all set for the Grand Open-ing just in time for the city’s festivities. The showroom has an array of exquisite products to choose from: Beautifully Designed Bed Room Col-lection ; Fabulous Dining Room Collection; Breath-taking Living Room Col-lection and the Mesmer-izing Mixed Collection of ornate furniture pieces to satisfy your furniture needs at home, hotel and in the offi ce. Giardini Del Sole of-fers a 0% installment to all Major Credit Cards, and for the convenience of all valued customers within Cagayan de Oro City, Giar-dini off ers free delivery of all your furniture pieces to your respective homes. Giardini Gold of Cagayan de Oro City opens daily from 9AM to 6PM for the convenience of all valued customers. Th e timely grand open-

ing of Giardini De Sole during the Cagayan de Oro Festivities for the month of August is to serve bet-ter the high-end market of Northern Mindanao, affl u-ent Mindawanons, royal families, new hotels, estab-lishments, institutions and businessmen. Giardini Del Sole ex-quisite wooden furniture pieces is a fusion of Ital-ian quality and Filipino craft smanship to the mar-ket, and have the buyers a glimpse of the master pieces of art. Giardini Del Sole trademark designs encompasses variations of styles characterized by the craft ed work of hands and a classic-inspired design-and the style of contemporary designs which is a balance combination of useful and beautiful furniture pieces. Having these ornate in liv-ing rooms, bedrooms, din-ing rooms gives an aura of sophistication and glorious ambience to every satis-fi ed customers of Giardini Del Sole in this part of the country. So, what are you wait-ing for. Come, shop now for your pieces of wooden and exquisite furniture at GIARDINI DEL SOLE Fac-tory Outlet and Showroom located at Kauswagan, Cagayan de Oro City with Tel. No. (088) 880-1970.

14 BusinessWeekMINDANAOAugust 1-7, 2011 TourismTourism

Kumbira 2011 to showcase the best culinary talents in M’danaoA Grandest and Prestigious Culinary Show to Watch

By JOE PALABAOCorrespondent

KUMBIRA 2011, the longest running culinary show in the Philippines today is all set for the grand culinary show and live competitions this coming August 17-19, 2011, at the Atrium, Limketkai Center, Cagayan de Oro City. Kumbira for the last fi f-teen (15) years is the grand-est and the most prestigious culinary show in Cagayan de Oro and gained recognition in the Philippine Culinary Industry organized by the Cagayan de Oro Hotel and Restaurant Association (CO-HARA) through the initiative of Regional Offi ce of the De-partment of Tourism Region 10. With the theme “15 Years of Culinary Innovations” Kumbira 2011 once again will showcase the best of the best culinary cuisines to be featured by the participants both in the professional and the student divisions in the twenty three (23) live, display and service competitions for three days from August 17 to 19, 2011 and back to back with a Trade Exhibit of hotel and restaurant equipments, supplies, services and the varied cooking and bever-

age demonstrations by the renowned chefs and person-alities. The yearly competition which is being witnessed by the thousands and thousands of culinary enthusiasts and gourmet food lovers from all over Mindanao and guests from the Visayas and Luzon coincide with the Culinary Week Celebration observed by the Cagayan de Oro and its residents since 1996 for the Annual Fiesta Celebration in honor of Patron Saint Augus-tine every 28th of August. Highlighting COHARA’s

Kumbira is the Mindanao Chef Wars, a regional com-petition for professional and student teams to represent Mindanao in the Chef Wars National Competition during the ‘Food Showdown 2011’ in Makati City on September 23-24, 2011. Food Showdown is a production of TV Food Chefs, a subsidiary of ABS-CBN Broadcasting Corporation. For the Professional Category: Thematic list of competitions include Culi-nary Challenge – Cold Meat Platter “Noche Buena with Cagayan de Oro Ham”, Fili-pino Carver, Amuse Bouche-“Th e Herb Garden” and Th e Main Course-Th eme-“Exotic Mindanao”. Pastry and Des-serts, Dining and Beverage Service, Brand Competition and the Food Showdown. Student Category: Culi-nary Challenge includes Pica Pica Platter, Th e Pantry Chef-theme “Salads & Sandwiches”, Th e Filipino Carver and Th e Main Course-Th eme “Akoy Pinoy.” Pastry and Desserts, Dining and Beverage Service, Housekeeping and the Food

Showdown. Twenty (20) distinguished board of judges from all over country who are Known Chefs, Cuisine and Food Writers and Culinary Experts will make a turn around of KUMBIRA 2011 as they choose the best cuisine, the best gourmet food and the best Chefs to represent Min-danao for National Food Showdown 2011. Th is year’s grandest and prestigious KUMBIRA 2011 Culinary Show and Com-petition is under the able leadership of the pillars of the Cagayan de Oro Hotel and Restaurant Association (CO-HARA), Ms. Joanna Cris L. Yu of Bigby’s Café & Restau-rant/Missy Bon Bon Bread-shop-President & KUMBIRA Over all Chairperson, Ms. Eileen E. San Juan of VIP Hotel-Director for Hotel &l KUMBIRA Competition Committee Chairperson and one the industry’s best chefs Ms. Nelia B. Lee of Dynasty Court Hotel-IPP & KUMBI-RA Ways & Means/Finance Committee Chairperson.

DoT-10 sets Tapok 2011By JOE PALABAO

CorrespondentUnited States, Canada and other countries. Tapok which has been under-taken since 1982 also serves as pad for updating developments and strengthening cultural ties in the home province or city. Tapok which is held every two years in different host states also features attractions for visitations by the participants. Ms. Manalo said that to date there are already twenty (20) participants who signify their at-tendance to the Big Event Tapok 2011 scheduled at Anaheim, Mar-riott, California, USA from August 22-28, 2011. As a local counterpart, De-partment of Tourism 10 likewise consistently implements Duaw Cagayan since 1983 and held every other two years or year following the conduct of Tapok. Duaw Cagayan now evidently stands as the Region’s mark for the Pinoy Homecoming Program of the present administration. Duaw Cagayan tour pack-ages along with new tourists and investors’ products will be presented in a forum at Anaheim Marriott, California, USA.

THE Department of Tourism Region 10 through Officer-in-Charge, Ms. Maria Elena O. Manalo is requesting all Tapok 2011 participants for a coordina-tion meeting on August 5, 2011 2PM at the VIP Hotel, Cagayan de Oro City. The meeting will firm up activities to be presented by the Cagayan de Oro-Region 10 delegation to the special project Tapok 2011 scheduled in Ana-heim Marriott, California, USA from August 22-28, 2011 in time for the Cagayan de Oro 2011 An-nual Festivities here in the Region. At A Glance–Tapok is the sig-nature activity of the Kagay-anon International Foundation under the leadership of Roy Gaane now based at 2746 E. Maria Ct, West Covina, California, USA and jointly supported by the Local Govern-ment Units (LGUs) of Cagayan de Oro City and Misamis Oriental and the Department of Tourism Region 10. Tapok is a venue of grand reunions for former residents of the Region now residing in the

PRTC: CPA Review Center Par Excellence

By JOE PALABAO

Ferdinand A. Rodriquez

FOR thirty four (34) produc-tive years since 1977, the Pro-fessional Review & Training Center, Inc. (PRTC) Manila has been producing success-ful CPA examinees and top notch CPAs, high passing percentage rate every board exams, A-1 CPA reviewers and authors of accounting books, crème of the crop accounting graduates from diff erent colleges and univer-sities taking review from all over the Philippines has made PRTC a CPA Review Center Par Excellence from all over the country. In 2006, Professional Review & Training Center (PRTC) branched out in Cagayan de Oro City to cater the review of accounting graduates from Cagayan de Oro City and North Mind-anao Colleges and Universi-ties. In 2009 under the dynam-ic directorship of Ferdinand A. Rodriquez, MBA, CPA, a paradigm shift in terms of growth of reviewees from a low of 40 when it started in 2006 to 2008 and to a high of over a hundred reviewees when he took over in 2009 and a record high of 220 reviewees for the coming October 2011 CPA Board Examinations. To date since 2009, a total of 162 Certifi ed Public Ac-countants had already been produced by PRTC Cagayan

de Oro Branch under the Management and Director-ship of Ferdinand A. Ro-driquez, MBA, CPA. Th ese tremendous results and incomparable success during his management made a turn around and quantum leap in the number of review-ees and successful examinees the center had produced and par excellence in conducting reviews. This makes PRTC as the leading CPA Review Center now based in Cagayan de Oro City. Central Mindanao Uni-versity made a history at the PRTC CPA Review Center when its first batch of Ac-countancy Graduates ear-marked a-100% percent pass-ing rate of successful examin-ees during the last October 2010 CPA Board Examina-tions. Out of the fi ft y six (56) successful examinees, all thirteen (13) reviewees from CMU successfully passed the board exams.

PRTC/PAGE 18

Kumbira:The Cagayan de Oro Hotel and Restaurant Association (COHARA) will feature during the city’s annual fi esta celebration Kumbira 2011, a culinary festival featuring various food and beverage competitions, cooking demonstrations by experts in the food industry, and trade exhibits on Hotel and Restaurant Equipment, Supplies and Services. EXUPERIO S. ZAGADO / PIA-10

15BusinessWeekMINDANAO August 1-7, 2011

FashionFashion16 BusinessWeekMINDANAOAugust 1-7, 2011

Kasal.com now has largest network of wedding fairsBy MIKE BAÑOS

Correspondent

STARTING as the Philippines fi rst home-based wedding informa-tion portal in 2001, www.Kasal.com now has what is probably the country’s most extensive directory of wedding suppliers and network of wedding fairs. Kasal.com claims it contains everything essential to a mar-riage-bound couple: comprehen-sive wedding resources with over 13,000 listed wedding suppliers, relevant articles and informa-tion, and personalized wedding tools. In its almost 10 years of operations, it has registered 25,000 couples throughout the country, North America, Europe, Oceania and Asia, and has averaged over 500,000 page views monthly. But what probably sets Kasal.com apart from other similar websites is its annual wedding fair roadshow. “We started in 2003 and held it every other year until 2009 aft er which it became an annual road-show,” said Mathel B. Ong, brand manager of Kasal.com. “We want to help promote the local wedding industry as well as help couples plan their weddings.” Th is year, the road show has al-ready been to Cabanatuan, General Santos, Dagupan, Bacolod, Du-

Various booths at the Kasalan sa Kagay-an 2011 Wedding Fair held last week at the Rotunda of Limketkai Mall.

maguete, San Pablo, Angeles, and held its 8th leg in Cagayan de Oro last weekend before proceeding to Davao, Marilao (Bulacan) before winding up in Cebu on November 16. “Our fi rst Kasalan sa Kagay-an (as the local bridal fair is called) was held in Pryce Plaza in 2003,” said Armi E. Sobremisana, Presi-dent of Professional Organiz-ers Unlimited, Kasal.com’s local partner. “We actually had more exhibitors then but now we’re more effi cient in providing the couple with what they actually need for

their wedding.” Records at the Cagayan de Oro City Civil Registry show the number of registered weddings grew 26.3% from 3,533 in 1997 to 4,464 in 2003 when the Kasalan roadshow started before declining again by 16% to 3,742 in 2010, said Othelo R. Abe-juela, assistant registration offi cer. Dicky B. Go, owner of Dolce Vita Catering Services which does specialty wedding cakes at an af-fordable price, is one of Kasalan sa Kagay-an’s exhibitors who has been present in the last four editions of the bridal fair so far.

“We deliver 120-140 wedding and all occasion specialty cakes a month so I make it a point to join this bridal fair every time it’s held to literally show the fl ag for new customers and as a token of ap-preciation to our customers who have patronized our products through the years,” Mr. Go said. First time exhibitor Alfonso A. Marquez V, owner and pho-tographer of Blues Marquez Photography, said he joined the bridal fair to promote his unique brand of photography. “Kasalan is an affordable platform for small businesses like ours to promote ourselves since it is quite expensive to directly join bridal and trade fairs in the urban centers, especially Metro Manila,”

Mr. Marquez noted. Ma. Aurora R. Chaves, owner and artist of Cakeistry which spe-cializes in custom-made fondant cakes, said it was her fi rst time to join an exhibit. “Kasalan gives me the exposure to wedding couples wanting to have our unique type of cakes,” she said. “Since we pride ourselves in making cakes which make memo-ries to last a lifetime, we think people would appreciate the kind of workmanship we bring to that very special, once-in-a-lifetime celebration like weddings so we think it’s a nice fi t.” Besides its regional network of bridal fairs, www.Kasal.com is also the pioneer in providing online services to the local wedding in-

dustry such as MyKasal account, an online wedding planning account for couples; Wedding Resources, a searchable wedding directory of suppliers; Reading Room, a library of wedding articles, tips, trivia and information; Events, a wedding-related event announcements and registration system; Weddings, a wedding announcement service for couples; Community, a wed-ding message board for couples and Missalette, an online wedding program for couples. It also boasts of being the ‘pre-ferred online media partner” for most wedding fair organizers in the country. Kasal.com also supports a minimum of 20 bridal fairs, outside of its Kasalang Filipino annual roadshow.

FIP collections on a Grand Fashion Show

By JOE PALABAOA grand fashion show from the Fashion Institute of the Philippines (FIP) Cagayan de Oro Campus show culminating Kasalang Filipino 2011 was held at the Rotunda, Limketkai Mall last July 17, 2011.

at No.1 San Agustin St. corner Rizal St. 3rd fl oor Jardiniano bldg... Fronting Gaston Park. Or call 088-8574449 or 09177012005 or visit www.fashioninstitutephil.com for the course schedule.

Talented, young and lovely local models wore the glorious, glamorous and sophisticated cre-ations of fashion icon Mimi Parrel Pimentel, director of FIP-CdO, the best and the biggest fashion school in the Philippines today was witnessed by spectators and shoppers of Limketkai Mall. The creations and designs of Mimi Pimentel, who specializes in wedding gowns, party dresses and formal wears were show-cased by beautiful models who were turned into live mannequins that exude beauty, sophistication and elegance. Mikee Andre fashion designer of FIP Ortigas Branch, Manila graced the Fashion Show. Direct-ing the success of the fashion show was Mamu Cruz. Last March 13, 2011, Fashion Institute of the Philippines (FIP) opened a branch in Cagayan de Oro under the directorship of Ms. Pimentel. FIP was established in Manila in 2003 by the then multi-awarded Canadian based designer Shanon Pamaong (Ca-nadian Faces Fashion Awardee and Fashion Week 2007 Hewlett-Packard Best Designer Awardee; pioneer faculty of La Salle College International). Fashion Institute of the Philippines has produced grand winners in design competi-tions here and abroad. FIP the Philippines’ best and biggest fashion school since its opening eight years ago, shared its easy-to-learn European methods and techniques to thousands of national and international students, professionals designers, business entrepreneurs, housewives and hobbyists, second courses, and other professionals who wants to avail of the best technical and direct-to-the-point fashion educa-tion through its offering of the most complete line of fashion courses: Fashion Design, Pattern Making, Mens Wear, Men’s Tailoring, Chil-dren’s wear, Dressmaking, Fashion Buying, Fashion Merchandising. Haute Couture Techniques, Fashion Make-up, Fashion Styling, Fashion Hairstyling, Fashion Photography, Bag Making, Fashion Embellish-ments etc. Under the Directorship of Ms. Pimentel, Fashion Institute of the Philippines also offers course in Basic Fashion Design Exposure for Kids ages7-12 years old which is being held every fourth Saturday of every month. Ms. Pimentel has urged those who has interests in arts and fash-ion to enrol at the Fashion Institute of the Philippines-Oro branch and become prime movers of the fash-ion industry in Cagayan de Oro and Northern Mindanao. For inquiries, visit their branch

17BusinessWeekMINDANAO August 1-7, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 158-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, fi led by 1st VALLEY BANK as MORTGAGEE, against DAISY V. RANARA as MORTGAGOR, of P- Masidlakon, Mahayahay, Iligan City as of July 8, 2011 amounting to ONE HUNDRED THOUSAND PESOS (P 100,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

ORIGINAL CERTIFICATE OF TITLE NO. P-10379 Lot No. 68, Pls-13

“A parcel of land (lot No. 68, Pls-13 situated in Lala Proer, Lala, Lanao del Norte containing an area of SIX HUNDRED THIRTY THREE (633) square meters more or less including all improvements found thereon more particularly described and bounded as follows; Bounded on the S., along line 1-2 by Lot 70, Pls-13, on the W., and N., along line 2-3-4 by road; and on the E., along line 4-1 by Lot 69, Pls-13. Registered in the name of DAISY V. RANARA,“All sealed bids must be submitted to the undersigned on the above stated time and date.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Republic of the PhilippinesOffi ce of the PresidentHOUSING AND URBAN DEVELOPMENT COORDINATING COUNCILHOUSING AND LAND USE REGULATORY BOARDNorthern Mindanao Region

NOTICE Notice is hereby given that Italpinas Euro-Asian Design & Development Corp. has fi led with the Housing and Land Use Regulatory Board a sworn registration statement for the sale of altered commercial spaces from 9 units to 11 units, offi ce spaces of 8 units and residential units from 116 to 142 units within PRIMAVERA RESIDENCES CONDOMINIUM TOWER A located at Oro Upper Carmen, Cagayan De Oro City specifi cally identifi ed/described in Lot 3. Blk. 1, Pcs-10-002317; that the statement and all papers attached thereto are available for inspection during business hours by any person having legal interest thereon and upon proper application; and that copies thereof shall be furnished to such person upon payment of the proper fee. Any person with valid objection to the registration of the project may fi le his objection in writing with the Housing and Land Use Regulatory Board, Northern Mindanao Region, 3/F Dupoint Bldg., Don Apolinar Velez St., Cagayan De Oro City, telephone nos. 72-14-66 & 856-5088 not later than fi ve (5) days from the last date of publication per Board Resolution No. 812, series of 2007. Cagayan De Oro City, 22 July 2011.

(SGD) PILAR J. JAMANDRE Regional DirectorBWM July 25 ,2011

PAUNAWA Ipinauunawa na ang Italpinas Euro-Asian Design & Development Corp. ay nagharap sa Housing and Land Use Regulatory Board ng isang panunumpang nakatala para sa bilihan ng mga pangkomersyal na 9 units to 11 units, pang-opisina na 8 units at pangresidensyal 116 units to 142 units sa proyekto na may alterasyon ng PRIMAVERA RESIDENCES CON-DOMINIUM TOWER A City at sinakop sa lote bilang Lot 3, Blk. 1, Pcs-10-002317; ang nakatalang pahayag at ang lahat ng kasulatang nakakabit doon ay nakahanda sa pagsusuri ng sinumang tao na nagtataglay ng legal na interes doon pagkaraang ng wastong aplikasyon; at ang mga kasulatan ay ibibigay sa nabanggit na tao pagkatapos ng kaukulang bayad. Sinumang tao na may kapani-paniwalang pagtutol sa pagtala ng proyekto ay maaring mgbigay ng nilagdaang pagtutol sa Housing and Land Use Regulatory Board, Northern Mind-anao Region, 3/F Dupoint Bldg., Don Apolinar Velez St., Cagayan De Oro City, telephone nos. 72-14-66 & 856-5088 na hindi hihigit ng limang (5) araw mula sa pinakahuling pagkalathala. Lungsod ng Cagayan De Oro, Pilipinas, ika 22 ng Hulyo 2011.

(SGD) PILAR J. JAMANDRE Regional DirectorBWM July 25 , 2011

Congress.WatchCongress.Watch

Rep. Rufus Rodriguez inaugurates new projects!By JOE DEL PUERTO FELICILDA, Editorial Consultant

Photos by ROLANDO SUDARIA, BWM/MDB Photojournalist

THREE more projects were turned-over, July 29, by 2nd District Rep. Rufus B. Rodriguez to the city government of Cagayan de Oro, in

close coordination with the DPWH-2nd Engineer-ing District, represented by OIC Asst. District Engr. Cesar Hipona Jr.

South Divisoria Rehab and Upgrading of Damaged Paved Road

Costing P3,383,000, this 100 linear-meter project was com-pleted in 55 days, under the supervision of the DPWH-2nd Engineering District.

City Councilor Emmanuel Abejuela, who chairs the City Council council committee on public works, represented City Mayor Vicente Y. Emano during the turn-over ceremonies held at Kiosko Kagawasan. OIC Asst. District Engr. Cesar Hipona Jr. and top offi cials of Barangays 2 and 5 also graced the occasion.

Rep. Rufus Rodriguez says, another P5 million is soon com-ing from DPWH Central Offi ce for more rehab and upgrading works on Divisoria roads.

North Divisoria Rehab and Up-grading of Damaged Paved Road

Constructed at the cost of P6,786,000, this 311.60 linear-meter road span was finished in 60 days by a private contractor, also under the supervision of the DPWH-2nd Engineering District.

With Rep. Rufus during the turn-over ceremonies are City Councilor Abejuela, Gusa Barangay Chair Manuel Beja, Lapasan Barangay Chair Omar Labuntog, OIC Asst. District Engr. Cesar Hipona Jr., members of the Cagayan de Oro media ang DPWH offi cials.

Preventive Maintenance (Asphalt Overlaying)

This 1,036 linear-meter portion of the Iligan-Cagayan de Oro-Butuan Highway at Barangay Lapasan is now thoroughly overlayed with two-inch thick asphalt materials. Part of the P25 million preventive maintenance (intermittent section) project, under the DPWH Highway Development Management Program. According to Engr. Hipona, this is has become necessary to preserve the original concrete road surface at lesser cost.

Solons seek protection of OFWsT WO c ong re s s m e n f rom Cagayan de Oro have asked the Department of Labor and Employment and the Philippine Overseas Employment Admin-istration to take steps in order to absorb displaced Filipino overseas workers from Middle East and Japan. Rep. Rufus B. Rodriguez

(2nd district) and Maximo B. Rodriguez of Abante Mindanao (Abamin) said that world events in the recent months have shown a rise in the number of upris-ings in the Middle East against diff erent governments and the destruction caused by a huge earthquake and tsunami in Ja-pan.

Th ey added that these coun-tries where these unfortunate events transpired are home to many Overseas Filipino Workers (OFWs) and as a result, there is an expected increase in the un-employment rate in the country with a high number of overseas Filipinos expected to return to the Philippines. Based on a 2009 survey on overseas Filipinos, it was re-vealed that close to 72 percent or about 1.37 million of sea and Land-based OFWs are below 40 years old and about 32 percent are laborers and unskilled work-ers, 14 percent are plant and ma-chine operators and assemblers, 15 percent are trade and related workers, 15 percent are service workers and shop and market sales workers and 10 percent are professionals. According to National Sta-tistical Coordination Board (NSCB) Secretary General Ro-mulo Virola, there are thousands of Land-based OFWs deployed in 2008 and 2009 combined for the Middle East and Japan and majority of these workers will go back to the Philippines to face unemployment. The Rodriguezes said that base on this facts, the govern-ment must build the necessary social and economic infrastruc-ture to accommodate and absorb over seas Filipino workers back in our society adding that the government needs to create more jobs, provide the needed social services and tap other markets such as China and In-dia. Th ey even said that there is a need to look into the demo-graphics and other qualifi cations of these OFWs in order to prop-erly determine the programs and policies needed in order to absorb these returning OFWs back into our society.

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 159-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, fi led by 1st VALLEY BANK as MORTGAGEE, against DAISY V. RANARA as MORTGAGOR, of P– Masidlakon, Mahayahay, Iligan City as of July 8, 2011 amounting to TWO HUNDRED TWENTY FIVE THOUSAND PESOS (P 225,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

CERTIFICATE OF TITLE NO. P-14,71,Lot 285-B,Csd-12-006894-D

“A parcel of land (lot 285-B, Csd-12-006894-D), situated in the Bar-rio of Matampay, Municipality of Lala, Province of Lanao del Norte, island of Mindanao containing an area of TWENTY EIGHT THOUSAND SIX HUNDRED FIFTY EIGHT (28, 658) square meters, more or less, including all improvements found thereon, more particularly described and bounded as follows: Bounded on the W., along line 1-2 by Lot-285-A on the N, along line 2-3 by Lot No. 285-A, on the E., along 3-4; and on the NE., along line 4-5-6-7 by Lot No. 285-J, on the along line 7-8 by Lot No. 285-A, and on the S., along lines 8-9-10 by road and on the W along lines 10-1 by Lot No. 285-C all of Csd-12-006894-D Registered in the name of DAISY VILLARUEL RANARA, “All sealed bids must be submitted to the undersigned on the above stated time and date.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

18 BusinessWeekMINDANAOAugust 1-7, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBRANCH 28

Mambajao, Camiguin

IN THE MATTER OF THE PETITION FOR SPL. PROC. NO. 440CORRECTION OF ENTRIES IN THE RECORDSOF BIRTHS IN THE OFFICE OF THE LOCALCIVIL REGISTRY OF CATARMAN, CAMIGUINCHANGING THE SEX OF THE CHILD FROMMALE TO FEMALE,

MARY ROSE RODRIGUEZ, rep. by her motherFLORENDA J. RODRIGUEZ, Petitioner, -versus-THE LOCAL CIVIL REGISTRAR OF CATARMANPROVINCE OF CATARMAN, Respondent.x------------------------------------------------------------------/

ORDER

Petitioner, Mary Rose Rodriguez, Filipino, minor, represented by her mother, Florenda J. Rodriguez, single and resident of Panghiawan, Catarman, Camiguin thru the Public Attorney’s Offi ce, alleges, that she was born on October 6, 2008 at Catarman, District Hospital, Poblacion Catarman, Camiguin whose birth was duly recorded in the Offi ce of the Local Civil Registrar of Catarman, Camiguin as shown by her Certifi cate of Birth but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in her Medical Certifi cate, issued by Dr. Salem L. Matonding, M.D., of the Catarman District Hospital. In order to correct such erroneous entry this petition is fi led. The petition being suffi cient in form and substance is hereby set for hearing in this Court’s Session Hall on September 19, 2011 to start at 8:30 o’clock in the morning. Let copy of this order and of the petition and its annexes be sent to each of the following: Offi ce of the Solicitor General; Offi ce of the Local Civil Registrar of Mambajao, Camiguin and Catarman, Camiguin and the Offi ce of the Provincial Prosecutor of Camiguin. A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three (3) con-secutive weeks prior to the date of hearing. Any person or entity whose interest might be adversely affected by the proceed-ings in this case may fi le written opposition and personally appear during the hearing and substantiate the same. SO ORDERED. Done in Mambajao, Camiguin,this 11th day of July 2011.

(SGD) RUSTICO D. PADERANGA JudgeBWM July 25, August 1 & 8, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionBRANCH 07

Tubod, Lanao del Norte IN RE: PETITION FOR CORRECTION Spl. Proc No. 245-07-2011 of entry in the Records of Civil Registry regarding the gender of LYNET JHUL TINGSON GALLAWAN from MALE to FEMALE.LYNET JHUL TINGSON GALLAWAN Petitioner: -versus - THE LOCAL REGISTRAR OF KOLAMBUGAN, LANAO DEL NORTE,and all other person affected by this petition. Respondent.X-------------------------------------------------------------/

ORDER A verifi ed petition for correction of entry in the Certifi cate of Live of Birth of LYNET JHUL TINGSON GALLAWAN was fi led before this court on June 21, 2011, by the herein petitioner praying among others that after due notice and hearing, an Order be used directing the Respondent to effect the correction sought for. Petitioner alleges that she is of the legal age, single and permanently resid-ing at Celdran Village, Iligan City, Respondent is sued in her offi cial capacity such as, She was born on July 16, 1991 at Kolambugan, Lanao del Norte. Her facts of birth was duly registered at the Respondent’s Offi ce, however under the entry of her gender/sex, it was erroneously entered as M, meaning MALE. Despite recorded as MALE in her Certifi cate of Birth, in her school records and in all her dealings with the public in general, she uses FEMALE as her true and correct gender/sex, thereby, making as handicap her records of birth. The discrepancy on her gender created grave confusion diffi culties and crisis on peti-tioner’s identity, adversely affected her and family. A medical examination shows that the petitioner is biological a female person and in all respect possesses a physical features of a woman. Petitioner is a bonafi de student of University of Cebu-Banilad, Cebu City, taking up Bachelor of Nursing. She prays for the correction of entry of her gender/sex, as found in her birth record to conform to her true and correct gender. Set the initial hearing of this case to August 16, 2011 at 8:30 in the morning before the sala of this Court. Any person/s interested to petitioner may come to Court on said date and time to show cause why said petition should not be granted. Furnished copy of this Order of the Solicitor General at Makati City, Offi ce of the Public Prosecutor in Tubod, Lanao del Norte, Atty. Muamar Guyo, counsel for the petitioner and to the petitioner, LYNET JHUL T. GALLAWAN whose address in the Celdran Village, Tubod, Iligan City. Petitioner is hereby directed to publish copy of the Order at BUSINESS WEEK, a newspaper of general circulation for three (3) consecutive weeks, at her expense. So Ordered. Tubod, Lanao del Norte. June 27,2011 (SGD.) ALAN L. FLORES Presiding JudgeBWM August 1, 8 & 15, 2011

FeaturesFeatures

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 19

Cagayan de Oro City

NOTICE OF EXTRA-JUDICAL SALEFile No. 2011-154

Upon extra-judicial petition for sale under Act 3135 as amended by Act 418, with respect to real estate mortgage and Act 1508 with respect to chattel mortgage fi led by Pag-ibig Fund a corporation duly organized and existing under and by virtue of the laws of the Philippines with principal place of business at Pag-ibig Fund Bldg. J.R. Borja St., Cagayan de Oro City against FELICANO IMBOC DE ROSAS, widower of legal age and with postal address at Blk. 4, Lot 4, Virginia Village, Iponan, Cagayan de Oro City, herein referred to as the MORTGAGOR, to satisfy the mortgaged indebtedness which as of March 11, 2011, amounts to ONE HUNDRED FIFTY FOUR THOU-SAND SEVENTEEN PESOS & 63/100 (Php 154,017.63), Philippine Currency, plus stipulated interest, penalty charges, attorneys fees and expenses of foreclosure, the undersigned or his duty authorized deputy will sell at public auction on AUGUST 22, 2011, at 1:30 o’clock P.M. or soon thereafter at the lobby of the Hall of Justice, Cagayan de Oro City, to the highest bidder, for CASH or MANAGER’S CHECK and in Philippine Currency, the herein described property/ies.

TCT NO. T-72470, A PARCEL OF LAND. (Lot 4, Blk. 4, being a portion of Lot 4178-A, Psd-10-009159, situated in the barrio of Iponan, City of Cagayan de Oro, containing an area of ONE HUNDRED FOURTEEN (114) sq.m. more or less, including all improvements thereof.

All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event the public auction should not take place on the said date due to holidays, it shall be held on the next working day without further notice. Cagayan de Oro City, July 5, 2011-07-30 FOR THE PROVINCIAL SHERIFF (Sgd.) JAN B. ACERO RTC Sheriff IVBWM Aug. 1, 8 & 15, 2011

May 2011 Board Examinations again PRTC Cagayan de Oro pro-duced 34 successful board passers out of 89 board examinees. PRTC Manila and branches from Calamba Laguna, Cebu City, Bacolod City, Cagayan de Oro and Davao City had produced 285 successful examinees with Antonio D. Sanchez, Jr., CPA-2nd Placer, 92.00% from the University of San Jose Recoletos-Cebu; Mar-tha Anne Perez, CPA-9th Placer, 90.00% from Meriam College-Manila and Dhexter T. Caduyac, CPA-10th Placer, 89.86% from Note Dame of Kidapawan College-North Cotabato. Mindanao PRTC Cagayan de Oro successful examinees were Genevieve N. Maturan, CPA,Kimberly E. Buscaino,CPA- Bukidnon State Col-lege(2); Eduarda G. Exclamado,CPA- Capitol University (1); Jessie Rey S. Esin,CPA, Francis Marie P. Sildo, CPA-COC-Phinma (2); Bryan B. Luminarias,CPA, Ellen T. Gumayan,CPA, Cherrie Lou A. Agsoy,CPA-Central Mindanao Univer-sity (3); Richaelle P. Braga,CPA-Christ the King College (1); Mary Gene Imma A. Isong,CPA-La Salle Univer-sity (1); Carl Mae R. Baculio, CPA,, Jorge B. Lunzaga, Jr., CPA-Liceo de Cagayan University (2); Richard Jull S. Bureros,CPA, Ishra Arra Mae O. Orpilla,CPA, Maricel O. Lobitana, CPA-MSU-IIT (3); Hasyim P. Amaiku-rot, CPA-MTIM(1); Archie Marvin A. Valiente,CPA, Angelito T. Calunsag, Jr., CPA-Mountain View College (2); Charlotte G. Interone,CPA-NCMC (1); Caressa Mae M. Cabrera,CPA, Celilis Grace C. Beba,CPA, Gladys Merr T. Abejuela,CPA, Mahathyr T.Ibrahim,CPA, Najimah R. Naga,CPA, Israel Franklin C. Alterado,CPA-Pilgirm Christian College (6); Princess Norwijar M. Jaamil, CPA, Junerell B. Alcantara, CPA, Jhessel Phony C. Lomocso,CPA, Marc Alan A. Paran, CPA, Joselito R. Cruz,Jr.,CPA, Rhea Mae M. Cocos, CPA, Rodolf James G. dela Cruz, CPA -Saint Columban College (7), Kate Jam V. Placido,CPA-Tomas del Rosario College (1), Danilo R. Llantos, Jr.-MSU Marawi (1). PRTC Cagayan de Oro Branch aims to produce top notched board exams examinees and maintain its highest standard in review through their A-1 reviewers from Manila and local branch excellent management. Pre Board Exams is July 30-31, 2011 and fi nal pre board exams on Sept. 24-25, 2011 will be held at Lourdes College, Cagayan de Oro. The coming CPA Board Exams in October 2011 will mark another history and record of PRTC in CDO and in the North Mindanao.

PRTC...from page 14Higaonon Restaurant at the Gardens of Malasag

By JOE PALABAO tic tourists and visitors enjoy an exciting summer getaway and their escape to nature. Th e restaurant off ers the best Continental, American and Filipino Breakfast. Seafood, fried crispy shrimps, sautéed shrimp with broccoli, Kini-

WITH a scenic and breath-taking view of the Macajalar Bay, the Higaonon Restaurant at the Gardens of Malasag and Mountain Resort off ers the best gourmet for food lov-ers as foreign tourists, domes-

law na Malasugue, Grilled Tangique, Grilled Kitong and Boneless Bangus. Th e tasty and mouth watering mala-sugue fi sh cutlets with sweet and sour sauce Th e sweet and sour lapulapu and steamed lapulapu, calamares, adobong

posit and grilled pusit. In an interview Resident Manager Ms. Celirina A. Chan told Business Week Mindanao that starting July 2011, Higaonon Restaurant offers Special Menu of the Day: Savor their tasty Tino-lang Native Chicken with fresh local herbs, Adobong Native Chicken, and Native Lechon Chicken. Th e native chickens are grown in the eco-tourism village together with organically grown herbs and vegetables. Year in and year out, Gardens of Malasag gives foreign tourists, domestic tourists and visitors a color-ful glimpse of the ecology

and rich ethno-Filipino heri-tage of Northern Mindanao which is showcased through various artifacts, work of arts of the lumads beauti-fully craft ed, fl ora and fauna amidst a reforestation setting. Th e Eco-Tourism Village off ers facilities, amenities and attractions with their cot-tages, dormitory, Higaonon Resto Café, Function Room, Tribal Houses, Amphithe-ater, Swimming Pool, Picnic Sheds, Miniature Canopy Walk, Pergola and Camp-ground. Gardens of Malasag Eco-Tourism Village is headed by its Resident Manager, Ms. Ce-

HIGAONON/PAGE 19

Farmer’s Training CenterCeremonial Turn-over of the Key of Responsibil-ity. L-R: KOICA Deputy Resident Representa-tive Jehsang Huang and Bukidnon Provincial Administrator Provo Antipasado.

ALL PHOTOS BY ANN NOBLE

Offi cial Cutting of Ribbon

L-R: KOICA Senior Volunteer Lee Young Chan together with Provincial Agriculture Officer Alson Quimba in a courtesy visit to Governor Alex P. Calingasan.

A souvenir pose. L-R: Provincial Agriculture Offi cer Alson Quimba, Provincial Administrator Provo Antipasado, KOICA Senior Volunteer Lee Young Chan, KOICA Deputy Resident Representative Jehsang Huang and KOICA Administrative Offi cer Young Sil Park.

Training on food processing.

19August 1-7, 2011BusinessWeekMINDANAO

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 44

Initao, Misamis Oriental

Trixia R. Bagares, Civil Case No. 2010-956 Petitioner, -versus- For: Declaration of Nullity of MarriageEustaquio C. Magallanes Jr., Respondent.X------------------------------------/

SUMMONS BY PUBLICATION

TO: EUSTAQUIO C. MAGALLANES, JR. ANDALES, INITAO, MISAMIS ORIENTAL

OR AT: GIMANGPANG, INITAO, MISAMIS ORIENTAL

G R E E T I N G S ! This Court issued an Order dated July 07, 2011 allowing Summons be served upon the EUSTAQUIO C. MAGALLANES, JR. in a newspaper of general circulation, pursuant to Section 6 of the Rule on Declaration of Nullity of Void Marriages. It is pursuant thereto that this Summons by Publication is issued. WHEREAS, quoted hereunder is the Petition, to wit: “Petitioner, TRIXIA R. BAGARES, through undersigned attorneys, unto this Honorable Court, most respect-fully states that: 1. Petitioner is of legal age, (34 years old) Filipino, married and with residence and postal address at Gimangpang, Initao, Misamis Oriental. Legal papers and processes intended for or emanating from this Honorable Court may be served at the address of the undersigned counsel at 2712 Juan Luna Avenue, Mabolo, 6000 Cebu City; 2. Respondent is also of legal age, (30 years old) Filipino, married and with last known addresses at Andales, Initao, Misamis Oriental and/or Gimangpang, Initao, Misamis Oriental. His current whereabouts is unknown to the Petitioner; 3. Petitioner and Respondent met sometime in 2003. In the year 2004, Respondent solicited donation from the Petitioner for a school project, a yearbook – because he was graduating from college at that time. Respondent courted the Petitioner in the second paragraph of his Thank You letter to her for the donation that she gave to Respondent; 4. Since then, Petitioner and Respondent had a continued and extremely passionate communication and made a lot of exchanges so that on October 12, 2005 which is the birthday of the Petitioner, the two (2) become offi cially sweethearts; 5. At the time Petitioner and Respondent became sweethearts, the Petitioner’s father was seriously ill and having Respondent being there as her shoulder to cry on, Petitioner fell so in love with the Respondent; 6. In June 2008, Respondent and Petitioner set their wedding date on December 23, 2008 and from then on, both were busy preparing for their big day. Petitioner who works in Canada as a care-giver shouldered almost all of the expenses for the big day, while Respondent with the assistance of the Petitioner’s mother prepared the details of the celebration requisites in their hometown in Initao, Misamis Oriental; 7. Petitioner and Respondent got married in a Catholic wedding ceremony in Gitagum, Misamis Oriental on December 23, 2008. (Machine copy of the Certifi cate of their Marriage offi ciated by Rev. Fr. Doroteo Jr. S. Rabuyo, SSJV is hereto attached as Annex “A”); 8. On January 27, 2009 Petitioner left again for Canada to return to her work. She then declared the Respondent as her dependent family member in her application for PERMANENT RESIDENCE VISA in Canada in order for both of them to start a family in a greener pasture; 9. At the time of the celebration of the marriage however, Respondent was already suffering from psychological incapacity to comply with the essential marital obligations although this incapacity only surfaced and was discovered by the Petitioner only during the marriage; 10. This psychological incapacity manifested itself in many ways, more particularly in Respondent’s refusal to live together, give mutual love, support, respect and fi delity to Petitioner; 11. This is evident when on June 19, 2009, the Embassy of Canada sent Respondent a kit of documents for him to fi ll up and an instruction for him to return it to the Embassy’s Offi ce along with all the appropriate records and forms within 60 days from the date thereof as a requisite for the Petitioner’s and Respondent’s joint Canadian PERMANENT RESIDENCE VISA APPLICATION; 12. In order to assist Respondent in complying the requisites for their Joint Permanent Residence Visa application, Petitioner told Respondent that they do live camera to camera conversation over the internet (“live chat”, in internet parlance) to discuss pertinent information relative to the said visa application; 13. Respondent however failed to have “live chat” with Petitioner for several times which made her wonder why Respondent seemed not anymore interested in complying with the requirements for their joint visa application, when in fact before they got married, respondent was the one who was very eager to come to Canada and live with her to start their family there; 14. From then on, Petitioner have been deeply troubled when Respondent would become easily irritable whenever she coaxed Respondent to process the requirements for their application every time she had a chance talking to him over the phone; 15. In the second week of July 2009, Petitioner was tremendously devastated when Respondent confi ded to Petitioner that he is no longer interested to pursue their joint visa application as he has already nurtured a romantic relationship with another woman – whom Petitioner later found out to be Pinky Maestrado (a 49 year-old widow) – and starting thereon, Petitioner lost her communication with Respondent as the latter’s mobile phone was always out of reach whenever Petitioner dialed it day after day; 16. In September 2009, when Petitioner was still in the state of deep emotional distress and intense sadness on what happened to her marriage, she contacted her cousin, Jeffrey C. Abellanosa who works under the National Bureau of Investigation in Cagayan de Oro City to look for Respondent as Petitioner had already lost contact with him so that this cousin, Jeffrey C. Abellanosa could help her convince Respondent to talk her for a possible reconciliation; 17. Petitioner however was instead awfully devastated even more when Respondent told her cousin to inform her not to bother seeing Respondent again as he had already made a decision to instead live with his mistress; Pinky Maestrado for good and that he had long been decided to abandon his plan to live with Petitioner as his wife and to start their family in Canada; 18. Hoping against hope to be reconciled with Respondent, Petitioner went home in Initao, Misamis Oriental on October 11, 2010 and requested Respondent’s brother, Elmer C. Magallanes to help her re-connect with the herein Respondent but the same cold reply to forget him and Petitioner’s marriage with him because he is already happy in the arms of his mistress, Pinky Maestrado was all she gathered from the respondent; 19. To this date, Respondent never showed up himself to Petitioner which has hugely aggravated the latter’s emotional turmoil; 20. Respondent’s deliberate act in abandoning Petitioner and their joint permanent residence visa ap-plication will most probably cause Petitioner loss her job in Canada if the Canadian Embassy so decide to refuse her visa application due to Respondent’s failure to act on the requisites set forth by the Embassy. (Machine copy of the Last Warning dated August 27, 2010 sent to both Petitioner and Respondent by the embassy is hereto attached as Annex “B”.); 21. Petitioner and Respondent did not acquire any property and they do not have a child born during their marriage; 22. Petitioner respectfully invokes Article 36 of the Family Code for this Honorable Court to declare her marriage a nullity on the ground of Respondent’s psychological incapacity to comply with the essential marital obligations. WHEREFORE, premises considered, it is most respectfully prayed that after due notice and hearing, the instant petition be granted and the marriage of the Petitioner to the Respondent be declared a nullity from the beginning on the ground of respondent’s psychological incapacity to comply with his essential marital obligations. Other just and equitable reliefs are likewise prayed for. Respectfully submitted, October 28, 2010. Cebu City for Initao, Misamis Oriental, Philippines.

SUSUSCO CAVALES LAW OFFICES Counsel for the Petitioner 2712 Juan Luna Avenue, Mabolo 6000 Cebu City Email add: SususcoCavalesLawOffi [email protected]

By Atty. Peme J. Cavales Roll No. 50020 PTR No. 6410738/Cebu Province/1-13-10 IBP No. 809774/Cebu City/1-08-10 MCLE Compliance No. II-0018800 MCLE 3rd Compliance, on process by IBP Cebu Province ChapterRepublic of the Philippines)City of Cebu )S.S.

VERIFICATION AND CERTIFICATION OF NON-FORUM SHOPPING

I, TRIXIA R. BAGARES, of legal age, married, Filipino and a resident of Gimangpang, Initao, Misamis Oriental, on oath state, THAT: 1. I am the Petitioner in the above-entitled case; 2. I have caused the preparation and fi ling of the foregoing Petition; 3. I have read the same and understood the contents and allegations stated therein, and that the same are true and correct to the best of my personal knowledge and based on authentic documents; 4. There is no other action or proceeding pending before the Supreme Court, the Court of Appeals, or any other tribunal or agency similar to the foregoing, and should I thereafter learn that a similar action or proceeding has been fi led or is pending before any of these courts, tribunal or agency, I shall undertake to report this or such fact within fi ve (5) days therefrom to this Honorable Court.

IN WITNESS WHEREOF, I have hereunto affi xed my signature this October 28, 2010 at Cebu City, Philippines. TRIXIA R. BAGARES

SUBSCRIBED AND SWORN to before me in the City of Cebu, Philippines this October 28, 2010, with affi ant exhibit-ing to me as competent evidence of her identity: Passport No. UU0689919 issued by the Philippine Consulate General in Toronto, Canada, valid until March 22, 2012.

Atty. Peme J. CavalesNotary Public

Notarial Commission No. 0232 Until December 31, 2010Doc. No. 352 PTR No. 6410738/01-13-10/Cebu CapitolPage No. 70 IBP No. 809774/01-08-10/Cebu CityBook No. III Roll of Attorneys No. 50020Series of 2010. NOW THEREFORE, through this Summons by Publication, EUSTAQUIO C. MAGALLANES, JR. of Andales, Initao, Misamis Oriental or/and Gimangpang, Initao, Misamis Oriental is hereby required to answer the Petition within thirty (30) days from the last issue of publication. So ordered. WITNESS the HON. JUDY A. SIA-GALVEZ, Acting Presiding Judge of this court, this 7th day of July 2011 at Initao, Misamis Oriental.

(SGD) ATTY. IAN C. TAJONERA-BERNARDO Clerk of Court VIBWM July 18, 25 & August 1, 2011

2011-384Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial Region

Branch 39Cagayan de Oro City

IN THE MATTER OF PETITION FOR THE SPEC. PROC. NO. 2011-096CORRECTION OF ENTRY IN THE RECORDSOF BIRTH OF DONG KOOK EBAS SEO CHANGINGTHE ENTRY FOR THE SEX FROM FEMALE TOMALE,

MECHELL BUBA EBAS, Petitioner, - versus -CITY CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent.X ------------------------------------------------------------------------/

O R D E R

Petitioner, through counsel, fi led a verifi ed Petition for Correction of Entry in the Records of Birth of Dong Kook Ebas Seo, so that her gender will be corrected from Male to Female. Finding said petition suffi cient in form and substance, the same is hereby given due course. The Petitioner is hereby directed to cause this Order to be published once a week for three (3) consecutive weeks in a duly accredited newspaper of general circulation in the City of Cagayan de Oro, Province of Misamis Oriental, at her own expense. Let copies of this Order be posted in the Bulletin Board of the City Hall, Cagayan de Oro City, Bulletin Board of the Local Civil Registrar of Cagayan de Oro City, and the Bulletin Board of this Court. This case is set for hearing on August 16, 2011, at 8:30 a.m. at the Ses-sion Hall of this Court. The Civil Registrar and any person having or claiming any interest under the entries whose cancellation or correction is sought may, within fi fteen (15) days from notice of the Petition, or from the last date of publication of such notice, fi le his/her opposition thereto. Let a copy of this Order be furnished the Offi ce of the Solicitor General, Offi ce of the Local Civil Registrar of Cagayan de Oro City, the Petitioner and her counsel. SO ORDERED. Given this 13th day of July, 2011 at Cagayan de Oro City.

(SGD) MARITES FILOMENA RANA-BERNALES Presiding Judge

BWM July 25 & August 1, 8, 2011

Republic of the Philippines Local Civil Registry Offi ce

Province of Misamis Oriental CITY OF EL SALVADOR

Petition No. CPN 2011-0003In the Matter of the Change of Name in the certifi cate of Live Birth of“GLORIA AGBU UY”

NOTICE OF PUBLICATION In compliance with Section 5 o£ R.A. No. 9048, a notice is hereby served to the public that CHUCHI AGBU UY-LIM has fi led with this Offi ce a Petition for Change of First Name from “GLORIA” to “CHUCHI” in the Certifi cate of Live Birth of “GLORIA AGBU UY” who was bom on November 03, 1961 at Taytay, El Salvador, Misamis, Oriental from parents UY ANG KOO and LORETA TAPAY AGBU. At the expense of the Petitioner, Let a copy of this Petition be published at least once a week for two (2) consecutive weeks in a newspaper of general circulation in the City of Cagayan de Oro and the Province of Misamis Oriental. Any person having knowledge and/or claiming interest or may be adversely affected by said Petition may, within ten (10) calendar days fi le her written opposition with this offi ce.

(Sgd.) OLIVIA E. LABIS City Civil RegistrarBWM July 25 & Aug. 1, 2011

BWM July 25 & Aug. 1, 2011

Republic of the Philippines Local Civil Registry Offi ce

Province of Misamis Oriental CITY OF EL SALVADOR

Petition No. CFN 2011-0005In the Matter of the Change of Name in the certifi cate of Live Birth of “CIRILO UNSON ABUHAN”

NOTICE OF PUBLICATION In compliance with Section 5 of R. A. No. 9048, a notice is hereby served to the public that ELMER U. ABUHAN has fi led with this Offi ce a Petition for Change of First Nam e from “CIRILO” to “ELMER” in the Certifi cate of Live Birth of CIRILO UNSON ABUHAN who was born on FEBRUARY 08, 1962 at Tambaling, Bolobolo, El Salvador, Misamis Oriental parents Emiliano Abuhan and Claudia Unson. At the expense of the Petitioner, Let a copy of this Petition be published at least once a week for two (2) consecutive weeks in a newspaper of general circulation in the City of Cagayan de Oro and the Province of Misamis Oriental. Any person having knowledge and/or claiming interest or may be adversely affected by said Petition may, within ten (10) calendar days fi le her written op-position with this offi ce. (Sgd.) OLIVIA E. LABIS City Civil Registrar

BWM July 25 & Aug. 1, 2011

Republic of the Philippines Local Civil Registry Offi ce

Province of Misamis Oriental CITY OF EL SALV ADOR

Petition No. CFN 2011-0004In the Matter of the Change of Name in the certifi cate of Live Birth of“ROMUALDO BAHIAN BAJUYO”

NOTICE OF PUBLICATION In compliance with Section 5 of R.A. No. 9048, a notice is hereby served to the public that “BERNIE B. BAJUYO” Petition for Change of First Name from “ROMUALDO” to “BERNIE” in the Certifi cate of Live Birth of ROMUALDO BAHIAN BAJUYO who was born on November 14, 1963 at Tambaling, El Salvador, Misamis Oriental from parents Warlito Bajuyo and Segundina Bahian. At the expense of the Petitioner, Let a copy of this Petition be published at least once a week for two (2) consecutive weeks in a newspaper of general circulation in the City of Cagayan de Oro and the Province of Misamis Oriental Any person having knowledge and/or claiming interest or may be adversely affected by said Petition may, within ten (10) calendar days fi le her written opposition with this offi ce. (Sgd.) OLIVIA E. LABIS City Civil Registrar

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Higaonon...from page 18

relina A. Chan and together with the Staff they tirelessly work in pushing tourism ahead in this part of the country to continuously promote the rich ethno-Fil-ipino heritage of Northern Mindanao.

20 BusinessWeekMINDANAO

August 1-7, 2011

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MisOr.Today MisOr.Today Korean investors set eye on agri-related ventures in MisOr

ing site is located inside the Phividec Industrial Estate particularly in Brgy. Mohon, Tagoloan, Misamis Oriental. Th is would be the site where industries engaged in the pro-cessing of the agri-products produced in the proposed production sites in Claveria will be located. The visiting Korean in-vestors conducted an ocular inspection in these proprosed sites and the province’ existing infrastructure and facilities. Th e Korean delegates who came to Misamis Oriental include high-ranking offi cials of Hanjin Heavy Industries and Construction Inc.; Dae-woo International Corpo-ration; CGARD; JS Core Tech; Korea Agro-Fisheries Trade Corporation, Pocheon Mushroom Development Corporation, Easy Bio Phil-ippines, Inc.; Celltrion, Inc.; Sunjin; Danong Co. Ltd and Doriwon Fruit Tree Farming Associatio, Corporation.

KOREAN investors visited Misamis Oriental last week seeking opportunities for agri-industrial investments. Th e delegation was

composed of eight companies primarily engaged in agri-business while some are into construction and electronics but are looking on the possibility of diverting into agri-related ventures. Th e visit was part of the ongoing Philippine-Korea Agri-Investments Roadshow which had kicked off last Tuesday in a briefi ng hosted by the Philippine Economic Zone Authority at their main offi ce in Pasay City. Th is investment roadshow is aimed at enticing Korean investors in investing at the proposed Multi-Industry Cluster (MIC) sites in Misa-mis Oriental.

Multi-Industry Cluster Misamis Oriental has been selected a pilot area for the establishment of Multi-Industry Clusters in the Phil-ippines, a joint project of the Philippine and the South Korean governments.

In gist, the MIC is a de-velopment model that creates a network of specialized in-dustries including knowledge institutions interacting, com-peting and cooperating at the same time at a particular area thus reinforcing economic development. Th ere are two important components of an MIC – the production and the process-ing sites. For Misamis Orien-tal, the proposed production site are located in the Tabuk Barangays of Claveria namely Bulahan, Tipolohon, Par-mbugas, Malagana, Pelaez, Aposkahoy including other areas in Mat-I, Sta. Cruz, Hinaplanan and Anie. The proposed process-

North Mindanao to further enhance performance on accountability, transparency

By APIPA BAGUMBARANContributor

towns in the region have been given the Seal of Good Housekeeping in 2010 for excelling in the areas of planning, bud-geting, revenue mobiliza-tion, financial manage-ment and budget execu-tions. T h e s e t o w n s a r e Naawan in Misamis Ori-ental, Clarin in Misamis Occidental, and Damu-log in Bukidnon, each of whom received P1.0 million in recognition of their above benchmark performance in internal housekeeping. He also reported that 42 out of the 98 LGU’s in the region or 42.85 percent have published in their website or posted in conspicuous places their annual budgets and other financial documents. Further, 93 out of 98 LGU’s or 94.89 percent have also posted their respective Citizens Char-ters, he added. Tan also said that re-porting of accomplish-ment by the LGUs con-tinue to be improved

THE Regional Develop-ment Council, region 10 (RDC-X) has identified accountability and trans-parency, among the pri-ority areas in governance that local government units (LGUs) in Northern Mindanao should further improve. This was recommend-ed by RDC-X during the Regional Development Forum where the region’s performance for the year 2010 was presented by the chairpersons of the dif-ferent sector committee, held in the city, recently. “ T h e r e g i o n h a s achieved exemplary per-formance in good gover-nance during 2010, thus, the need to sustain it by improving the account-ability and transparency in government,” Philip T. Tan, Chairperson of the Macro and Development Administration Commit-tee, said. Tan, who is also the current Mayor of Tangub City, reported that three

through the Local Gov-ernment Performance Man a ge m e nt Sy s t e m (LGPMS). Th e forum was attend-ed by the heads of regional line agencies, local chief executives, and represen-tatives from the private sector, non-government organizations and aca-deme where they affi rmed their commitment and support in achieving a truly-developed Northern Mindanao. Other identifi ed prior-ity action areas in gover-nance are as follows: In-tensifying the implemen-tation of the Government Procurement Reform Act and the business permits and licensing system re-forms. Maintenance of the posting of service proce-dures and standards, con-tinuous improvement of reporting of accomplish-ments, and promoting private sector/civil society participation in gover-nance and volunteerism in community develop-ment, among others.

Anti-smoking advocates seek support on reforms for ‘sin’ taxes

By JORIE C. VALCORZA tobacco farmers and workers with alternative means of liveli-hood as provided for under the Framework Convention on To-bacco Control. Th e government loses about P23 billion to P27 billion worth of taxes from tobacco products and cigarettes, clarifying that under Republic Act 9334, cigarette brands were classifi ed according to prices, eff ectively freezing their tax brackets to the 1996 prices. “In fact, many other cigarette brands are still based on their 15-year old retail prices,” Ocampo also said. Currently, several bills were fi led for the revision of the “Sin Tax Law” but AER recommends specifically for the removal of price freeze or a single tax rate

ANTI-smoking advocates held a tobacco tax forum in the city on July 29 to seek understanding and support on tax reforms for the “sin” products. Mike Ocampo, Action for Economic Reforms (AER) Rep-resentative, revealed that the government is spending about P148 to P314 billion for health care costs and productivity losses due to smoking related diseases. “Seven of the top 10 causes of mortality in the country are all smoking-related. If desired reforms on sin taxes are in place, it can earmark incremental revenues for health promotion programs and universal health coverage,” Ocampo said. He said it will also provide

for all brands, since increasing tax rates, while maintaining a multi-tier tax structure, can still serve an option to shift for lower-priced alternative. Next, they also pushed for an increase in tax rates, from an average of P12.65 in 2011 to a unitary tax of P30.00 per pack on January 1, 2014. Th is is to enhance the regula-tory and health impact of the tax, as well, as lower the consumption of low-income groups and young people, who are most sensitive to price increases. Meanwhile, anti smoking advocates are calling for the sup-port of the members of Congress to pass the needed policy amend-ment and help push for a smoke free and healthy populace.

Mahinog prohibits grazing of animals on other’s rice paddyMAHINOG, Camiguin -- The Sangguni-ang Bayan of Mahinog, this province, recently passed on 3rd and final reading an ordinance prohibiting the grazing of animals in the rice paddies belonging to another. “It has been observed that after the rice harvest, animals such as carabao or water buffalos, horses, and cows are left freely to graze in the rice paddy causing major damage to rice fi elds,” SB Kagawad Valentin F. Babanto, who is the principal author of

the ordinance, said. Vice Mayor Rogerio C. Acle, Pre-siding Offi cer of the Mahinog SB, said the ordinance will still be transmitted to the Offi ce of Mayor Alex R. Jajalla for fi nal approval. Once signed by the Mayor, it will be unlawful for any person to graze or herd their carabaos, cows, goats, horses or any other animals on the rice paddies or property belonging to another. “Owners or keepers when graz-

ing their animals must ensure their animals do not stray outside and cause damage to neighboring farms,” Acle said. If an animal caused damage on neighboring farms, owners are required to repair the damage done by their animal, without prejudice to the penalty imposed in this ordinance. Any person violating this ordinance will be fi ned P100 for the 1st offense, P200 for the 2nd offense and P300 for the 3rd and succeeding offenses.

21August 1-7, 2011BusinessWeekMINDANAO

Aggie News Aggie News

Launching of the NRM sub-projects, Magsaysay, Misamis Oriental. Photo shows the signing of NRM manifesto by various stakeholders; initial mangrove planting participated in by the PSO, RPCO-10, LGU and POs; and the ceremonial turnover of P6.3 million check for NRM sub-projects handed by RTD Constancio Maghanoy, Jr to Mayor Santiago Ocot, Jr. assisted by the different barangay chairs. Maghanoy is assisted by BFAR 10 Regional Director Visa Tan-Dimerin and Asst. Director and NRM focal person Asuncion Maputol, with Mis.Or. Provincial Agriculture Officer Danilo Maputol, and forester Cerenio Tila from PSO. PHOTO BY ROSIE R. E. PAASA

MRDP’s NRM project boosts local initiativesMMAGSAYSAY, Misamis Oriental – The Natu-

ral Resources Management Project (NRM) under the Mindanao Rural Development

Program (MRDP) implemented in Magsaysay town foments local efforts to unite to achieve their envi-sioned sustainable development. During the launching of the NRM project in Magsaysay on June 8, 2011, the town’s local of-ficials headed by mayor Santiago S. Ocot, Jr. including officials of the barangays, peoples organiza-tions, and other concerned sectors signified their full support to the MRDP’s NRM project by signing the Manifesto to demonstrate their commitments to actively involved in the conservation/ restoration of the town’s upland, lowland, and marine ecosystems. “The manifesto allows us to realize our responsibilities to the resources entrusted to us so we must respond to it appropriately for the development of Magsaysay, even the neighboring areas and the province as a whole, as it not only benefit this generation but the next generation to come as our legacy that they may come into the right place of development,” mayor Ocot said. He added that he is very happy that their town is a recipient of all development projects from MRDP, aside from NRM they have farm-to-market roads (FMR) and livelihood sub-projects under the rural infrastructure and community fund for agricultural development components of the program. The town’s NRM sub-projects are agroforestry, riverbank rehabilita-

tion, fish sanctuary, and mangrove rehabilitation. To ensure success of the project, the mayor emphasized that a uni-fied effort among stakeholders is necessary.“We cannot do this alone, we need the cooperation of everyone especially the barangays officials, the people’s organizations and various sectors, and even our partners in the provincial and the national government,” Ocot said. Likewise, DA-10 regional tech-nical director Constancio C. Ma-ghanoy, Jr. stressed the goal of MRDP which is to reduce poverty by accelerating environmentally sustainable rural development. As such, he said it calls for good local governance in tandem with the national government and various sectors to facilitate the successful implementation of the program and become sustainable. “Sustainable in the sense that while we are aiming to increase food production let us also ensure that our natural resources will not be hampered especially that we are making efforts to avert the effects of climate change,” Maghanoy em-phasized. “Thus NRM project is designed to protect our environmental eco-systems from upland down to the coastal areas or “ridge to reef ” approach,” he said while he also

Kaya ng Pinoy Tumawid sa Kaunlaran! (Mahimo sa Pinoy Motabok sa Kalambuan!)

Daghan sa mga benepisyaryo sa Pantawid Pamilyang Pilipino Program o Pantawid Pamilya nga mga yanong mag-uuma ug mangingisda ang nakadawat sa gihimo nga Rice Subsidy thru Cash for Training nga upat ka adlaw ug Cash for Work nga pito ka adlaw nga programa sa Gobyerno nga gi-implementar sa DSWD, nagsugod niadtong buwan sa Hunyo dinhe sa Rehiyon 10.

Si Paterno Aredidon, 47 anyos, usa lamang sa mga Pantawid Pamilya Benepisyaryo nga nakadawat sa Rice Subsidy sa Barangay Dangcagan, Bukidnon.

Subay ni Aredidon, naglisod ang ilang pamilya sa ilang pang-adlaw-adlaw nga panginahanglan sama sa pagkaon ug uban pang mga panginahanglanon sa iyang pito ka mga anak sa ilang pag-eskwela.

Nalipay sila sa dako nga tabang nga nahatag sa Pantawid Pamilya tungod kay sukad nga nahimo sila nga benepisyaryo ug nakadawat sa P 300 para sa edukasyon sa tulo ka bata ug P 500 para sa panglawas sa mga bata nga nag-edad ug 0 hangtud 14 anyos, ang ilang kita mapalit na nila sa uban nga panginahanglanon sa pamilya. Dugang usab nga tabang ang ilang nadawat sa Rice Subsidy gi-kan sa Gobyerno.

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

(Ikaduha gikan sa wala) Ang Regional Director sa DSWD 10, Atty. Araceli F. Solamillo sa iyang pagmonitor sa implementasyon sa

Rice Subsidy sa Dangcagan, Bukidnon ug si Paterno nga magkuha sa iyang sweldo sa Rice Subsidy Cash for Work sa pito ka adlaw

nga niabot sa P1,799.00 niadtong Hulyo 13, 2011 sa MSWDO, Dan-gcagan, Bukidnon. Ang grupo ni Paterno naghimo ug Communal

Garden nga ilang gitamnan ug klase- klase nga mga gulay.

mentioned that same approach is adopted by the current convergence initiative of DA, DAR, DENR, and LGU. Maghanoy, who is also the MRDP coordinator of region 10 added that “Magsaysay town is

lucky as it is one among the only four towns privileged to avail the NRM’s P7 million portfolio each out of the 93 towns and cities in the region. MRDP is jointly funded by the World Bank, DA, and Local Gov-

ernment Units (LGUs), that seeks to further improve rural incomes and achieve food security through agri-fisheries infrastructure, liveli-hood enterprise, and biodiversity conservation projects. (rosie r. e. paasa)

WEATHERWEATHERANG bagyong si “JUANING” nakit-an sa PAG-ASA nga ana-a na sa 60-kilometro sa Amihanan-Sidlakang bahin sa Baguio City ug nagdala sa kakusgon sa hangin nga 85 kph. Ang Mindanao padayon nga makasinati og pag ulan-ulan panahon sa kahaponon ug kagabhi-on.

Vol. I No. 62 Cagayan de Oro City Huwebes, Hulyo 28, 2011

BALITABALITA

MINDANAOMINDANAO

Inadlaw’ng kasayuran ug kalingawanInadlaw’ng kasayuran ug kalingawan

Ang Mindanao Daily Balita mo-mantala sa mga lokal talents ug mga modelo. Para sa inyong kontribusyon, i e-mail ang post card photo apili og mga impormasyon:

e-mail: [email protected]

P8.00P8.00

HANNA MELISSA A. CAGASCandidate for Miss Cagayan de Oro 2011Birthday: December 17, 1989•Age: 21•School: Xavier University•Course: Accountancy•Bust: 31½•Waist: 26•Hips: 38½

2011 PNP-PRO13 Awardee

“constructive and timely information

dissemination”

MALAYSIAN Deputy Transport Minister Datuk Abdul Rahim Bakri mibutyag sa mabungahon nga Sixth BIMP-EAGA Meeting sa Cagayan de Oro City, Hulyo 26-27 ning tuiga. Siya ug ang ubang transportation ministers sa kanasurang sakop sa maong hugpong, nakitagbo sa Cagayan de Oro media diha sa Mallberry Suites kagahapong adlawa. Sa iyahang wala sila si Indonesian Transportation Secretary General Moh Iksan Tatang, Philippine DOTC Undersecretary Aristotle Batuhan ug Brunei Darussalam Transportation Minister Pehin Dato Abdullah Bakar. KUHA NI ROLANDO SUDARIA, MDB/FILDEO

P2P2

22 BusinessWeekMINDANAO

August 1-7, 2011

MINDANAO DAILY BALITA (MDB) is based in Cagayan de Oro City, with extensive circula-tions to Gingoog City and 24 municipalities of Misamis Oriental, Malaybalay and Valenica cit-ies in Bukidnon and its municipalities, the cities of Ozamiz, Oroquieta and Tangob in Misamis Occidental, Iligan and Marawi cities in Lanao del Norte and Lanao del Sur, Pagadian City , Dipulog City, Butuan and Surigao cities in the Caraga region and the whole of Camiguin Island.

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23BusinessWeekMINDANAO August 1-7, 2011

Pryce Plaza HotelCarmen Hill, CDO, Tel. No.722791 to93/858-4537

E-mail:reserva [email protected]

Hotel Koresco Pueblo de Oro Golf Course,CDO, Tel. No. [088] 851-6094/

859-2292 to 99, E-mail:[email protected]

Mallberry SuitesLimketkai Drive ,CDO, Tel. No. [088]854-3999 / 854-7999

E-mail:[email protected]

Dynasty Court HotelTiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410

E-mail:[email protected]

The Marigold HotelVelez cor. Luna Sts, CDO

Tel Nos. 856-4320, 726937

Marco ResortTel. No. 732182 / 855-220

VIP HotelA.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505

E-mail: [email protected]

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

De Luxe HotelCapt. V. Roa St. CDO, Tel. No. 726527 /857-2144

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

Grand City HotelA.Velez- Sts. CDO

Tel. No. 723551 / 723658 / 857-1900

Hotel ConchitaYacapin Ext. CDO, Tel. No. 727356 / 856-3856

E-mail:[email protected]

Harbor Lights HotelGusa, CDO

Tel. No. 724878 / 855-6060

Country Village HotelCarmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05

Southwinds HotelCapt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036

E-mail:[email protected]

Apple Tree Resort and HotelTaboc, Opol, Misamis Oriental,

Tel. Nos. 754525/ 754263/ 3091986, Fax No. (8822) 754497

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

Pearlmont InnLimketkai,Drive,CDO

Tel. No. 729111 / 856-2654 / 729455

Red Palm InnEVChaves Building, Capistrano corner Cruz Taal Sts.

Cagayan de Oro CityTel. No. 721197 and 8562671

Cell No. 0908-885-5643Email: [email protected]

Cagayan Riverview InnVamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/

858-4245, E-mail:[email protected]

Chali Beach ResortCugman,CDO,Tel. No. 723929 / 855-2108

E-mail:[email protected]

Nature PensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNEVelez-Macahambus Sts, CDO

Tel Nos. 8571776, 721776email : gchreserva [email protected]

Middleton ApartelleLirio St. Carmen, CDO

Tel. No. 723665 / 723580 / 858-4839

Sir George Pension HousePabayo-Gaerlan St. Cagayan de Oro Citytel. No. 856-1990, 856-2004, 856-4447

Miami INNVamenta Boulevard, Carmen , CDO

Tel No. 858-1901, 72-52-79

DINAH’S BEACH RESORTBrgy san Juan, Gingoog City Tel No. (088) 861-3044

Malasag Eco Tourism VillagesCugman, CDO

Tel. No.855-6183 [088]309-3752

HOTELSRESTAURANTS

CANDIDATES FOR MISS CAGAYAN DE ORO 2011

24 BusinessWeekMINDANAO

August 1-7, 2011