P15.00Issue No. 53, Volume III • March 2-4, 2012

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BSP approves merger of 3 Mindanao coop banksndanao coop banksBy IRENE DOMINGO

Correspondent

DoE Undersecretary Josefina Patricia M. Asirit said there is a need to exhaust all avenues to avert the crisis. “We are drafting a new circular [to use all available power] with additional provisions based on meetings with the energy family including the National Power Corp., National Electrification Administration, National Grid Corporation of the Philippines (NGCP), Power Sector Assets and Liabilities Management Corp.

THREE Mindanao-based banks have been given a go-signal to merge into a bigger cooperative bank that would efficiently serve and

become a major player in the island’s socio-economic development. The Bangko Sentral ng Pilipinas policy-making body, the Monetary Board, approved the consolidation on Feb. 16.

The three banks are the First Community Coop-erative Bank of Misamis Occidental, Cooperative Bank of Davao del Sur, and Cooperative Bank of Surigao del Sur.

Power coops urgedto utilize all sources

HOT CARS: Smuggled cars, consisting of 26 different models, displayed at the Mindanao Container Port at Villanueva, Misamis Oriental, for eventual auction by the Bureau of Customs on March 7. PHOTO BY GERRY L. GORIT

By ALLAN MEDIANTEExecutive Editor

THE Department of Energy has urged electric coopera-

tives and power genera-tors in Mindanao to tap all available sources in an effort to curb the expected power shortage in the is-land due to maintenance shutdown of facilities and the onset of summer.

Doha-Cebu flight suspension worries Mindanao expats

Container terminalDAVAO City -- The Anflo Manage-ment and Investment Corporation (ANFLOCOR) is investing P2.7 billion for the construction of the Davao International Container Terminal (DICT) in Panabo City, Davao del Norte. This was announced by AN-FLOCOR President and Chief Executive Officer Alexander N. Valoria last Feb. 21 during the signing of loan documents with officials from Bank of the Philip-pine Islands. Security Bank will provide the other portion of the syndicated loan. “Preparations for the con-struction of DICT are underway and we’re looking at the eventual groundbreaking of this project later this quarter of the year,” Valoria said. DICT will have ship-to-shore cranes, which can serve gearless vessels, and brand new and mod-ern container handling equipment and state of the art Terminal Operating Systems (TOS) that will ensure faster vessel turn-around time.

USAID-funded programALMOST 10,500 students from the cities of Cagayan de Oro and Iligan received new school kits as replacement for their materials destroyed by typhoon Sendong last December. Provided by the Growth with Equity in Mindanao (GEM) 3, a United States Agency for Inter-national Development (USAID)-funded program under the oversight of the Mindanao Development Authority (MinDA), the assistance provides educational support to schools and students in heavily affected areas. The DepEd division offices of CdO and Iligan selected the beneficiary schools and prioritized those that were severely affected by Sendong and those that receive minimal support from recovery efforts due to the inaccessibility of their location.

White IslandC A M I G U I N , M a m b a j a o - - Camiguin’s White Island is now strictly enforcing the “no-take zone policy” within its marine protected sanctuaries following the passage of an ordinance establishing it as a marine park. Touching and removal of any marine organism inside the “White Island Marine Park” will be meted with a corresponding fine as approved by the local government. The White Island Marine Park has a total area of 315.6 hectares and is divided into several manage-ment zones with corresponding technical descriptions and regula-tions per zone.

By BENCYRUS ELLORINContributor

Doha flights would affect their business in Cebu which caters mostly to Muslim-Filipinos from Mindanao. The businesswoman who also hails from Mindanao however, declined to be identi-fied. But she said that Qatar Airways better reconsider their decision. Qatar Airways on Saturday announced in a statement the suspension of Cebu operations

THE decision of the Qatari flag carrier Qatar Airways to stop their three weekly Cebu-Doha flights may affect Muslim-Filipinos from Mindanao in Southern Philip-pines, seeking work in the emirate. A travel and recruitment agency which operates office in Cebu and capital Manila said that the decision to stop Cebu–

Two hydropower plants in Agusan del Norte eyed

BUTUAN City -- Bacavalley Energy Inc. will be developing two hydro-power projects to boost the power-generation capacity in Mindanao. Peregrino Fernandez Jr., Ba-cavalley president, told reporters they will be pursuing these projects along with a foreign partner, which he declined to identify.

By ARJAY FELICILDACorrespondent

BSP/PAGE 9

POWER/PAGE 10

FLIGHT/PAGE 10 PLANTS/PAGE 8

2 BusinessWeekMINDANAOMarch 2-4, 2012 EconomyEconomy

PASSPORT/PAGE 9

Online registration of business names to kick off in MarchBy ELAINE O. RATUNIL, Contributor

REGISTERING a new business can be done by any Filipino in the comfort of their homes or offices in any province

in the country starting March 1 this year.

to computers. She said that this is now possible under the auto-mated Philippine Business Registry System (PRBS). Launching was done last January 27, but initial cov-erage was limited to Metro Manila. In Northern Mindanao, test run was done this week, Director Boniao shared. Meanwhile, ARK is a program of the Regional Development C ounci l (RDC)-Region 10’s Com-munication Advocacy Pro-

Director Linda O. Bo-niao of the Department of Trade and Industry (DTI) of Northern Mindanao during an episode of “Ang Rehiyon Karon (ARK)” radio program, yesterday, over DXIM R adyo Ng Bayan announced that on-line registration of

business names with the Department of Trade and Industry (DTI), tax iden-tif ication number with the Bureau of Internal Revenue (BIR), Social Security System (SSS), Pag-ibig and Philhealth can be done in one sitting by anybody who has access

gram task Force (CAP TF) that talks about Northern Mindanao’s development and takes a regular one-hour airing from 3:00 p.m. to 4:00 p.m. every last Fri-day of the month, with the Philippine Information Agency (PIA) as regular host. Following will be a five-step guide on how owners of new businesses can use the system. First, an applicant must create a Philippine Busi-ness Registry (PBR) user’s

account at www.business.gov.ph. Second: log-in and fill out the PBR online ap-plication form. T h i r d : Ap p l i c a nt ’s (Taxpayer Identification Number (TIN) is required to proceed with the PBR number (PBN) which is based on the TIN. If there is an existing TIN, PBR will validate against re-cords. If there’s no TIN yet, PBR will generate one for the client. Fourth: Pay for Busi-

ness Name (BN) applica-tion fee through GCash. Submit application for employer’s registration number (ERN) to SSS, Philhealth, and Pag-ibig. ERN from SSS, Pag-ibig, and PhilHealth are then generated and reflected on the owners PBR account dashboard. Fifth and last stage: Ap-plicant may now proceed to the said agencies to get certificate of employer’s ID. Just present the PBR account dashboard.

DFA: Passport processing reduced to two-weekTHE Regional Consular Extension Office of the Department of Foreign Af-fairs (DFA) in Cagayan de Oro announced a cut on passport processing time. Director Janeth Z. Fal-sis said starting this year, the passport processing schedules have already been improved. She added that for ex-pedite processing, there is already a two-week waiting period while, and a month for regular processing. According to her, this is better than the almost three-month waiting period they had last year because of technical constraints. Nonetheless, she encour-aged the public to claim their passports on time. Passports left unclaimed for more than six months from date of issuance is subject to cancellation for security purposes, said Di-rector Falsis. The DFA implemented several measures to shorten passport processing time from 20 to 10 days. Last year, the DFA strictly implemented the passport appointment system by go-ing on line at www.passport.com.ph or by calling 737-1000. Applicants are no longer required to bring photo-graphs since they will have their pictures taken using ePassport data capturing machines at the DFA. They still need to bring other necessary requirements such as the application form that is available for download at the DFA website and at the

BWM: Feb. 27, Mar. 2 & 5, 2012

NOTICE TO THE PUBLIC

This is to inform the public that Ms. ROSALIE M. REYES, whose picture appears above, is no longer connected with ORORAMA BINGO ARCADE, J. R. Borja St., Cagayan de Oro City. She has been AWOL since October 29, 2011 and was Terminated with Cause effective January 06, 2012.

Any transaction entered into by her for and in behalf of ORORAMA BINGO ARCADE, as of said date and thereafter, in any capacity whatsoever, will not be honored by the company.

By: Management

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

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4 BusinessWeekMINDANAOMarch 2-4, 2012 CompaniesCompanies

Cagas gives the green light to a hydropower project

DAVAO Del Sur Gov. D o u g l a s

Ra Cagas signed the memorandum of agreement recently with President and COO Rene Ron-quillo of Hedcor for the 14.7-megawatt Tudaya run-of-river hydro power systems to be located at the upstream of Sibulan

PROVINCIAL Gov. Douglas Ra. Cagas signs the memorandum of agreement for the 14.7-MW Tudaya hydro power project with President and COO Rene Ronquillo of Hedcor. Sta. Cruz Mayor Joel Rey Lopez also signs as witness together Hedcor vice president Gregorio Jabonillo.

Hydropower Plant and downstream of Sibulan Hydropower Plant B. “I affi xed my sig-nature here (in the MOA) because I am aware of my respon-sibilities and at the same time, Hedcor already spoken to me what their respon-sibilities are to us,” Cagas said. “Th e two hydro plants will help

the power shortage of Davao”, added Cagas. Witnessed by Sta. Cruz (Davao del Sur) Mayor Joel Rey Lo-pez, the project is an expansion of the ex-isting 42.5-megawatt Sibulan Hydropower Plant. In July 2011, the local government unit of Sta. Cruz endorsed the project. “After working

on all the necessary documents, we hope to start constructing next month,” Ron-quillo said. “It will generate 76 GWh of renewable energy per year for Davao del Sur Electric Cooperative (DASURECO) and Davao Light and Pow-er Company starting in the fi rst quarter of 2014.”

DASURECO is the power distributor to more than 100,000 households in the prov-ince of Davao del Sur. By ensuring to provide a clean and renewable energy to Mindanaons, Hedcor entails to help meet the increasing power demands of Mindanao through its run-of-river hydropower systems.

Hedcor is also looking at expand-ing in Bukidnon and add existing capacity in Davao. Hedcor, a wholly-owned subsid-iary of AboitizPower Corporation, is the largest developer of run-of-river hydro-power plants in the country with 19 plants in Benguet, Ilocos Sur and Davao.

Limketkai seen to add olive oil in product lineCAGAYAN de Oro-based corn and vegetable oil pro-cessor Limketkai Manu-facturing Corp. (LMC) will pilot-test toll pack-aging and distribution of refined olive oil to foodservice companies in the Philippines, possibly by the third quarter of the year. The company which sells corn and vegetable oil under the “Marca Leon” brand is eyeing to source olive oil from Australia. “We will initially tar-get foodservice [compa-nies]. There is demand for olive oil among local restaurants and we in-tend to serve this market,” said Paul John Madera of LMC marketing di-vision, during a press briefing to launch the 5th Philippine Interna-tional Food and Beverage Expo (Pifbex) and Hotel Restaurant Cafe-Caterers Expo Philippines (Horeca Philippines) 2012. The fifth Pifbex and Horeca Philippines 2012 will be held on March 1 to 4 at the Philippine International Convention Cneter (PICC) in Pasay

City. Madera also disclosed that LMC is planning to package the olive oil for distribution to foodser-vice companies in 1-gallon or 5-gallon containers. LMC manufactures corn oi l and coconut oil. Madera noted that the company produces

about 600 metric tons (MT) of corn oil while its coconut oil output is pegged at around 900 MT per month. The company also distributes canola oil imported from Australia under the “Marca Leon” brand and sells vegetable oil under the “Frito Plus” brand.

SN ABOITIZ POWER GROUP triumphs in the 47th ANVIL AWARDS. SN Aboitiz Power (SNAP) Group has bagged 4 Anvil Awards during the re-cently concluded 47th Anvil Awards at Edsa Shangri-la, Mandaluyong City. SNAP Group, and its prin-cipal SN Power of Norway, won an Excellence award for i-Travel SAFE, their transpor-tation safety campaign for their employees. SNAP-Benguet also won an Excellence award for its Am-buklao Hydroelectric Power Plant inaugural coffee table book “Renewable Energy for a Renewed Nation” under the PR

Tool Special Publication category. SNAP-Magat won a Merit Award for its efficient water use campaign DALOY Magat while SNAP-Benguet also earned a Merit award for its Ambuklao inauguration campaign The Power to Renew. The winning team was led by SNAP chief corporate ser-vices officer Michael Hosillos (extreme left) and SN Power country representative and business development manager for Southeast Asia Rodolfo Azanza (8th from left). SNAP-Benguet and SNAP-Magat are joint ventures of SN Power of Norway and Aboitiz-Power.

5BusinessWeekMINDANAO

March 2-4, 2012

PRESENTPRESENT

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in cooperation with

Khavn De La Cruz-Producer/Director • Bert Banzon-Cinematographer • Dante M. Sudaria-Line Producer Khavn De La Cruz-Producer/Director • Bert Banzon-Cinematographer • Dante M. Sudaria-Line Producer • Joe Palabao-Movie Production Manager and Rhyan Casiño-Movie Coordinator• Joe Palabao-Movie Production Manager and Rhyan Casiño-Movie Coordinator

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LICEO DANCE TROUPE LICEO DANCE TROUPE with with CUBED Children’s CUBED Children’s Glee Club and DOT X Glee Club and DOT X Singing AmbassadorsSinging Ambassadors

6 BusinessWeekMINDANAOMarch 2-4, 2012 OpinionOpinion

Why do bad things happen to good people?

JHAN TIAFAUHURST

THINK A MINUTETHINK A MINUTE

FR. ROY CIMAGALA

HINTS AND HINTS AND TRACESTRACES

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TRAVERSING THETRAVERSING THETOURISM HI-WAYTOURISM HI-WAY

The need to ponder

The business of creating Economic ZonesFOREIGN bulk carriers and container cargo ships trading at the port of calls in the Philippines are regu-larly seen in international terminals loading ship-ments. Queries are raised if a centralized customs inspection for tariff and duties should be integrated into a one clearing roof for all importation entries in the Philippines. Should it be made mandatory to use port of entries located inside an existing and still to be created Economic Zones? Should a study along this premise merit our legislators attention to curtail smug-gling of imported products at the same time encourage manufacturing for exports to locate inside an economic zone. Economic zones are cre-ated by laws to promote foreign and domestic entry of new investments. It has tax perks in its charter and provisions for capitaliza-tion and funding by the

national government with the purpose of creating an economic activities and employment. Kaohsiung in Taiwan is a successful port of call. Subic Bay Free Port has contributed to the economic turnaround of Central Luzon when the Americans were driven out from their bases. Will the tax perks inside an eco-nomic zone apply to other imports aside from what is provided in the Omnibus Tax Code exempting new and pioneering investments to bring in tax free capital equipment endorsed by the Board of Investments? Are all other goods and raw materials exempt from taxation whenever they use an economic zone as a port of entry? There are government agencies like the DOTC and the Department of Finance that needs to harmonize their policies on the main-tenance of port terminals and collection of customs

and tariff duties in our in-ternational port of calls. The dispersals of govern-ment revenue monitoring men to multiple ports of entries reduced the bureau’s manpower base resulting to inefficiency in the col-lection of customs duties and tariffs. Thinly spread lines weaken tax collec-tions and are susceptible to corruption. Lawmakers might interest to look into cost cutting and streamlin-ing the Bureau of Customs human resources plantilla and administrative costs? It seems there are too many Customs Clerks owning Porsche sports cars and mansions everywhere? Legislators needs to scrutinize also the Depart-ment of Transportation and Communications budget for international port con-struction and maintenance which may be duplications to the infrastructures and facilities available in the economic zones within a

specific geographical ra-dius. Maybe we need laws to rationalize taxation and the operations of exports and manufacturing zones in our country with the two lead-ing government agencies tasked to optimize revenues and maximize return of government investments? Government may have the constitutional mandate and the regulatory power to make sure investments in any government funded

QUIAMJOT/PAGE 11

THINK a minute… Why do bad things hap-pen to good people? Why does that kind, honest per-son who does the right thing get fi red from his job? And why does that evil crook be-come rich and get away with lying and cheating? Maybe you’ve asked yourself: “If God is so good, then why doesn’t He do something?” We feel like the little girl who wanted a big new bicycle. But her father told her no because she had to wait until she was bigger. Th e girl got angry and said, “Th en I want a new Daddy!” Sometimes when we don’t agree with God we act like that little girl who can’t trust her father, even though He knows much more than her. He understands that she’s not ready for a big bicycle. But

she just thinks her father’s not fair or doesn’t really love her. Our problem sometimes is that we’re looking for the wrong answer. We don’t believe what God is doing is for our happiness, or that He’s even isn’t listening to us. But He is. In fact, He’s answering needs in your life you don’t even know about! As one wise person prayed: “God, don’t punish me by giving me everything I ask for.” You see, many times we simply don’t know what will make us happy for the rest of our lives. We just want to be comfortable and happy for the moment right now. But God is trying to help us and make sure we are happy forever. So He’s trying to fi x the bigger problem of our

heart and relationship with Him our Maker. Does that mean Jesus doesn’t care about our suf-fering now? No, it’s just the opposite. Jesus cares very much! He knows exactly what it feels like to be hurt and suff er unfairly for some-thing you didn’t do. When God the Son Himself, Who was completely innocent, took all the pain and penalty for our wrongs and sins, He cried out to God the Father: “Why have you left me?” Even Jesus Himself, aft er He became a human being, did not get the answer He wanted right away. Was it fair? No. But it was God’s mercy and love for us and our only hope, since God the Son’s death was the only way He could forgive you and me to give us a new life.

So why not put your life in the hands of your Maker Who loves you that much? Decide today to start living for Him His way, knowing that everything He does in your life is for your perma-nent happiness and success. Just think a minute…

TO think about seriously, to mull over, study, evalu-ate, meditate… These are some synonyms of “ponder” which we need to do if we are to sustain our sanity and keep pace with the changing situations of our life. Our problem is that we tend to avoid this basic function, perhaps not in-tentionally, and just fall on what some people say as “what comes naturally,” that is, to rely simply on instincts, common sense, and knee-jerk reactions. We seem to be so pushed only by the rush of events, by excitements, by fads that without noticing it we are slowly losing dominion over our own life and affairs. We tend to renounce our duty to determine our own life and, instead, begin to depend on external factors. It looks like we are losing our freedom. This state of affairs actu-

ally puts us in some vulner-able situations, especially these days when with all the rapid developments around, we need to be more discerning so as not to get confused and lost. For example, in the field of technology, a big wave of new gadgets are now marketed, all giving out their great benefits. But we need to find out which one truly would fit us given our specific circumstances and conditions. This requires mulling things over. In the world of media, there are now such a variety of shows that if we are not careful and if we only follow our first impulses, we would surely be swallowed up by their unstoppable effusion that can lead us nowhere. Or they can hold us cap-tive under the criteria only of popularity, practicality, convenience, pleasure and nothing beyond.

Even our views and opinions are often shaped indiscriminately by what we see on TV and the Internet and read in papers. Not only are they plentiful, but can also be so conflicting that we are often left baffled and perplexed. Worse, due to this profusion, we can fall into total indifference and a self-perpetuating cynicism. The world of public opin-ion has become so shifty, with no clear foundations and orientations, with hazy worldviews, detached from absolute values and wal-lowing in purely relativistic outlook, that we now seem to have no distinct ideas any-more of what is good or bad, proper or improper, moral or immoral. All become “weather-weather lang.” We need to have a good grip of the situation, and the first thing to realize is our need to ponder. It makes us

use our best human faculties of intelligence and will that, more than what our instincts and passions can cover, can enter and penetrate into the essence and spirit of things. In the gospel, Christ gives priority to pondering over working. The story of Martha and Mary drama-tizes this point well (cfr Lk 10,40-42). Martha was busy doing many things in the house, but it was Mary who simply sat at Christ’s feet listening to him that according to him, did the “only one thing necessary.” Of course, we have the example of Our Lady whose usual mode of behavior with respect to Christ’s words and deeds was to “ponder them in her heart” (Lk2,19) or to “keep them in her heart.”(Lk 2,51) Yes, we need to ponder things in our heart! But more than just studying things on our own, subject-

ing all sorts of topics, issues and concerns to our rational thinking alone, we need to refer them always to God, since God is first, last and always the ultimate source of truth, goodness, justice, etc. In short, to ponder has to be a form of praying, and not just reasoning. It has to be done in dialogue with God, and not only talking with our own selves or among ourselves. God always has to enter into our thinking, judging and reasoning. Otherwise, we would get caught in a web of pure subjectivism. So when we pray, we have to see to it that we bring specific issues, questions, concerns, etc. We just cannot go to our prayer without a spelled-out plan of discus-sion with God. That would just be a waste of time, and before long, we will find prayer unbearable.

We have to develop the skill of pondering, medi-tating, dialoguing and ar-riving at conclusions in our prayer. Imagine if this practice becomes a habit! Our prayer would assume a very interesting and en-lightening character. And before long, as we become more familiar with God’s mind and ways, our prayer becomes increasingly contemplative, where more than discussing, we simply see God’s designs in things.

7BusinessWeekMINDANAO March 2-4, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12TH Judicial RegionBranch 07

Tubod, Lanao del Norte

PENELOPE AGUIPO SPL. PROC. NO. 253-07-2012 (i) Petitioner, - for - Correction of Entry - versus –

LOCAL CIVIL REGISTRAR OFTUBOD, LANAO DEL NORTE, Respondent.x - - - - - - - - - - - - - - - - - - - - - /

O R D E R

A verified petition for correction of entry in the Certificate of Live Birth of PENELOPE AGUIPO as to her gender/sex was filed before this Court on Febru-ary 08, 2012 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent to effect the correction sought for. Petitioner alleges that she is of legal age, Filipino, and a resident of Purok 1, Daniel C. Mantos, Mahayag, Zamboanga del Sur. She was born on July 29, 1955 at Bulod, Tubod, Lanao del Norte and said birth was duly registered at the Respondent’s office. However, under the entry of her “sex”, the one entered to is “MALE” instead of “FEMALE”, her true and correct sex or gender. The erroneous entry may have been inadvertently done by the one who entered the facts of her birth. That she had never undergone sex organ transplant neither she intends to submit fro medical operation to change her sex. She filed the instant petition as pauper litigant under OCA Circular No. 121-2007. Set the initial hearing of this case to March 27, 2012 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of the Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Tubod, Lanao del Norte, Public Attorney’s office in Tubod, Lanao del Norte and to the petitioner, Penelope Aguipo at her address in Purok 1, Daniel C. Mantos, Mahayag, Zamboanga del Sur. The petitioner is hereby directed to publish copy of this Order to BUSINESS-WEEK MINDANAO, a newspaper of general circulation for three consecutive weeks, at her expense. SO ORDERED. Tubod, Lanao del Norte. February 14, 2012.

(Sgd.) ALAN L. FLORES Presiding JudgeBWM: FEB. 24, MARCH 2 & 9, 2012

HARRY TAMBUATCO

SUPER-SUPER-BRANDINGBRANDING

MY visit to Manaog this weekend took me by surprise with all the commercialism surrounding it.

If the church, I mean the priests don’t agree with all the money making schemes considering it was Jesus who in the bible personally threw out all the thieves, profiteers, money changers and hawkers from inside the temple, why then don’t they do the same.

From my point of view it is the priest who condones it if not promote commercialism by blessing all the purchases of statues, necklaces, nick-knacks, etc., after the mass services.

Interestingly enough I watched the same to be simi-lar at the procession of the black Nazerine of Quiapo early January with the white cloth that was to be waived as

The church, the priests, fanaticism and profiteering

the religious icon passed by. While I understand the

fanaticism of the Filipinos I can’t seem to comprehend the actions of the priest or is this the church’s doing? Do they condone this fanaticism blessing the actions as they unfold?

As I aligned from my vehicle we were accosted by many selling candles, reli-gious figurines, even knives if not for chopping definitely for hunting to no avail least I scream to please stop.

Of course there was the parking fee that was obvi-ously a requirement at Php 50- (a parking fee for a church visit?).

The hawkers do not un-derstand “NO” and continued to persist as you make your way thru the crowd of more stores all trying to sell their

wares. And I thought this was supposedly a sacred pilgrimage characterized with serenity to the shrine of our Lady of Manaoag? Beware!

oOoMy visit to Pangasinan did

not go all that well should I have allowed my temper to rule. I decided to lunch to a popular restaurant in Calas-tiao; the dagupenea (I know it’s no longer in Dagupan), and what a sad experience.

It was unfortunate the restaurant was full.

By this I mean to empha-size full not because they couldn’t handle the service or the food but the crowd.

There was an annoying party of some twenty or so customers who at their senior stages acted without grace.

Can you imagine a restau-rant with a capacity of over a

TAMBUATCO/PAGE 7

THERE is a profound enigma that came out recently about a supposed recently made survey on the present socio-economic phenomenon in the Philippines as published in this and that newspaper – and broadcasted nationwide as well. It is not hard to decipher the over-all basic intention be-hind such a statistical research and fi nding being done and heralded under the present government. And this is to gather good news about the developmental status of the Country and to consequently heap tribute upon the Chief-in-Command. But then, there is some-thing strange, queer or bizarre about the supposedly updated statistical report on the mat-ter. Th is: Th ere are less poor Filipinos but more of them who are hungry! Strictly speak-ing, while the “poor” may not necessarily suff er from hunger, the “hungry” cannot but in fact be poor. In other words, while poverty and hunger do not necessarily make a paring, hunger and poverty does. Again: While the poor may not be hungry, the hungry are poor as a matter of fact – not unless the fat rich intentionally go hungry to lose weight. Th is does not require a doctorate in Economics, neither a doctoral degree in Philosophy. By way of a relevant obser-vation, it is good to take good note of the maxim: “Empty stomach has no ears!” Among other things, the following reminders are in order: When the stomach is empty, that is when it is full of dejection and despair – if not anger in one’s heart and/or revolt in mind. To fool around with an empty stomach is loaded with cruelty and ire. Th e saying is not simply logical but empirical. Hun-ger neither responds to but promises no matter how well craft ed they are, not becomes pacifi ed with endless rhetoric and/or rosy statistics. Th ese

Less poor but more hungry Filipinos

are all but the proverbial pie in the sky. Needless to say, what hungry people need and want is food on the table for the children and their parents to eat. Th e reality is that even brute animals with empty stomachs are fi erce and dangerous. Th ose how have ears to lis-ten, do listen. Th is has special relevance to the government under the present national leadership. No romantic talks will satisfy the poor, will ap-pease the hungry. Such remain but basically gossip although coming from hallowed halls, from power-ful and wealthy individuals. Instead, let there be work for the poor to earn and to buy food to eat – not to mention to have clothes to wear and houses to live in. Th e obsession to punish the past President, to get rid of anybody and everybody identifi ed with her, to con-tinue singing the tiring tune of “Matuwid na Daan” – all these are not enough as they do not necessarily bring about economic development or social progress in the Country. One more thing, let the now perceived dictatorial intent on account of some kind of a personal megalomania, be but just that – a mere perception. Please!

hundred people with 20% talking loud in one cor-ner, laughing obnoxiously, screaming on top of their voices as if they were the only customers in the room, and behaving like morons.

It was apparent all the other customers were equal-ly annoyed but the man-agement did nothing and allowed the zoo to persist.

Lesson learned; don’t go to this restaurant and pay

TAMBUATCO/PAGE 8

8 BusinessWeekMINDANAO

March 2-4, 2012 Corp. NewsCorp. NewsUPDATE : BusinessWeek Mindanao’s Nominees for OUTSTANDING ENTREPRENEURS

& BUSINESS LEADERS AWARDS 2012 BUSINESS LEADER ( Corporate Category)

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 22

Cagayan de Oro City2012 – 070

LUISITA R. ALVAREZ, FC CIVIL CASE NO. 2011 – 086 Petitioner, -versus- FOR: DECLARATION OF NULLITY OF MARRIAGEFELIX C. PEN, Respondent.x---------------------------------------------/

ORDER

(Summons by Publication in the newspaper of general Circulation in the Philippines) This is a petition for the declaration of nullity of marriage between petitioner, Luisita R. Alvarez and Respondent, Felix C. Pen praying that a judgment be issued declaring such marriage null and void pursuant to Article 3 in relation to Article 4 and Article 36 of the family Code of the Philippines. As prayed for in the complaint for the service of summons by publication and in accordance with Sec. 6 (2) and Sec. 8 of AM. No. 02-11-10-SC, summons is hereby given to: FELIX C. PEN, Lot 3, Block 4 PN Roa Subdivision, Cagayan de Oro City The above-named defendant, FELIX C. PEN is directed to file his answer to the herein petition within a period of 30 days from the last issue of the publication verified by the defendant himself and not by counsel or attorney-in-fact, otherwise, trial will proceed for the relief demanded in the petition. SO ORDERED. Given this 10th day of February 2012 at Cagayan de Oro City, Philippines.

(Sgd.) RICHARD D. MORDENO Presiding JudgeBWM: FEB. 24, MARCH 2 & 9, 2012

He said they are plan-ning to develop the 25-MW Lake Mainit hydropower project in Jabonga, Agusan del Norte, which they hope to begin construction by June this year. Fernandez said the con-struction should come im-mediately after the finan-cial closing for the project funding. This project is estimated to cost $3 million

Plants...from page 1

Fernandez said the two projects entail P195 mil-lion in investments and are expected to generate around 65-megawatts (MW) of electricity using water re-sources from Lake Mainit in Jabonga, Agusan del Norte and Bulanog and Batang Rivers in Bukidnon.

per megawatt. Fernandez said the Lake Mainit project will be com-pleted in 18 months to two years. He said they will also develop the Bulanog-Batang hydro project in Bukinon, however, in a lower-than-expected generating capac-ity. “We are planning is to convert the 130-MW

impounding dam project into a 40-MW run-off-river project. We are now final-izing the feasibility study,” he said. Fernandez said they downscaled the project and converted it to a run-of-river system to lessen its impact on the environment and lower cost while still being able to generate carbon credits for the company.

PHOENIX Petroleum Phil-ippines, Inc. is the fastest growing independent oil company today with an expanding network of op-erations nationwide. It was incorporated in May 2002 in Davao City as a family business under the name Davao Oil Termi-nal Services Corporation (DOTSCO). It began opera-tions in its current form in January 2004, distributing petroleum products to vari-ous commercial entities in Mindanao. In August 2006, the company was officially renamed to Phoenix Petro-leum Philippines, Inc. Today, Phoenix Petro-leum is engaged in the business of trading refined petroleum products and lubricants, operation of oil depots and storage facili-

Phoenix Petroleum Phils., Inc.

The PPPI Board of Directors and senior managers

ties, and allied services. Its products and services are distributed and marketed under the “Phoenix Fuels Life” trademark. The company imports its products from regional suppliers. These are then distributed to Phoenix de-pots in Davao City, Davao del Norte, Aklan, Surigao, Zamboanga, and Batangas. The Davao and Batangas depots are ISO 9001-certi-fied for quality system stan-dards. The 50-million-liter Batangas depot is located at the Phoenix Petroterminal and Industrial Park, which was bought out from Bac-notan Industrial Park Corp. in 2009. From these depots, the company’s own f leet of trucks delivers products to a growing number of retail and commercial customers. In the next years, more depots will be constructed to serve as the backbone of

the retail network and the terminaling and storage business of the company. The first Phoenix retail station opened on June 2005 in Davao. The network gradually widened to over 50 stations in 2007, all in southern Mindanao. In 2008, Phoenix Petroleum began expanding to Luzon. At the end of 2010, Phoenix stations numbered 161 all over the country, with 123 in Mindanao, 5 in Visayas, and 33 in Luzon. As of July 2011, Phoenix has 190 sta-tions nationwide. Phoenix Petroleum also supplies to commercial and industrial clients, primar-ily to the airline, shipping, f ishing, mining, power and transportation sec-tors. Since September 2004, the company has been the exclusive logistics partner of Cebu Pacific, the largest national carrier in the Phil-ippines. Phoenix services all

refueling requirements of Cebu Pacific in Mindanao, as well as regional f lights from Mactan, Cebu. Phoenix has built up its brand to represent passion, vitality, and energy. The company was represented in past campaigns by world boxing champion Manny Pacquiao, who is also a Phoenix station dealer, and by popular actress Mar-ian Rivera. Phoenix was the first in the industry

to introduce a toll-free number for franchising, 1-800-10-PNX-FUEL, in 2009. In July 11, 2007, Phoe-nix Petroleum under the symbol PNX launched its initial public offering, becoming the first inde-pendent oil company to be listed in the Philippine Stock Exchange after the oil deregulation law was passed in 1998. (For photos of the IPO.)

Since 2009, government pension fund Social Secu-rity System has invested in the company by purchasing 9.6% of the capital out-standing stock. Phoenix Petroleum was ranked 211th in the country’s Top 10,000 Corporations in 2009. Driven by passion and performance, Phoenix Pe-troleum is all set to become the leading independent oil company in the country by 2012.

DEL Monte generates a con-siderable volume of organic waste at its fruit and veg-etable processing plants. This is a natural byproduct of the production process that can’t be avoided. But the environmental impact can be minimized. Out of respect for Mother Nature, Del Monte is con-tinually refining its recycling standards and practices. And by minimizing waste, the company is able to focus on giving back as much as it takes out. 99% was recycled, reused for feedstock, or reapplied to farmland. “Del Monte’s commit-ment to the environment and the communities in which we operate ref lects our rich tradition,” said Richard G. Wolford, Former Del Monte Chairman and Chief Executive Officer. “For more than 100 years, Del Monte has been part of the fabric of American life. From our agricultural roots to bringing good food to family tables across the

Del Monte’s tips to “Reduce, Reuse, Recycle”country, our commitment to environmental sustain-ability literally extends from the fields where our nutri-tious fruits and vegetables are grown, to the grocery shelf.” Continued Mr. Wolford, “We are proud of our heri-tage and pleased with the progress we have made in reducing our environmental impact. We plan to do more, and our recent efforts reflect our heightened focus on three specific areas in which we can have significant in-f luence - reducing waste, lowering water consumption, and improving air quality. This work will play a part in protecting the environ-ment for future generations to come.”The pledge to reduce waste. In order to reduce the amount of waste the com-pany sends to landfills and help decrease the need for new ones, Del Monte has worked to lower solid waste (per ton of finished product) going to landfill from its op-

erations, and has committed to a 75 percent reduction. Del Monte has been working toward this goal since 2007, and during that period has made significant progress. The Del Monte Foods Distribution Center in Bloomsburg, Pennsylvania is now a zero-landfill facil-ity – meaning that 100% of its waste has been diverted from landfill. As a result of these and other efforts, Del Monte has reduced its waste to landfill by almost 60 percent, and is well on its way to achieving its goal. Separately, Del Monte has committed to reducing its packaging materials by 15 percent, which will not only help reduce the amount of waste our consumers send to landfill, but also decrease the natural resources used across the entire supply chain to produce packag-ing. To date, the company has implemented several packaging initiatives to drive progress against this goal. Looking to the future,

Del Monte will continue working to eliminate waste, and find new opportunities to reuse waste materia ls whenever possible. This wil l even further reduce the impact of Del Monte’s operations, and contribute to healthier environments in the communities where the company operates. The benefits of wasteless thinking: In 2008, less than 1% of the total waste generated at production facilities, distri-bution centers, and research locations went to a landfill. In 2010, the Blooms-burg, Pennsylvania facility became the first distribu-tion center in Del Monte to become “zero landfill.” Less than 1% of solid waste reaches landfill. As of now, May 2011, three other Del Monte facilities are Zero Landfill: Decatur, Buffalo, and Topeka. By 2016, Del Monte hopes to achieve a 75% reduction of solid waste per ton of finished product.

My next stop was a crypt within a church in Lingayen only to discover a crypt was relocated (so we thought). Can this even happen?

Lesson learned;A day can pass with plen-

Tambuatco...from page 6good money to be disre-spected by customers who are allowed to act like hyenas in the wild.

ty of disappointments but should you allow your temper to take over – only you are the looser! Regardless of what we should expect, regardless of what is due us, regardless of what is correct – things

can easily go awry and only you have the option to make or break your day!

Cheers!----harrytambuatco@yahoo.

com

9BusinessWeekMINDANAO March 2-4, 2012Misor TodayMisor Today

Pag-ibig FundRepublic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial Region

Branch 19Cagayan de Oro City

NOTICE OF EXTRA-JUDICIAL SALEFile No. 2011-588

Upon extra-judicial petition for sale under Act. 3135 as amended by Act 4118, with respect to real estate mortgage and Act 1608 with respect to chattel mortgage filed by Pag-ibig Fund , a corporation duly orga-nized 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 CHERYL S. RAS married to MARLON L. RAS of legal age, and with postal address at Blk 14, Lot 6. Greenville Subdivision, Suntingon. Bugo Cagayan de Oro City. Herein referred to as the MORTGAGOR, to satisfy the mortgaged indebtedness which as of November 9, 2011, amounts to FIVE HUNDRED THIRTY THOUSAND FOUR HUNDRED TWENTY PESOS & 97/100 (Php 530,420.97) Philippine Currency, plus stipulated interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on March 12, 2012, 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 Phillipine Currency , the herein described property/ies:

TCT NO. T-197681- A PARCEL OF LAND, (Lot 6,Blk.14 PCS-10- 003641, Consolidated subd. Lots 16-0-1, 16-0-2, 16-0-4, all of Psd-10-048495, as surveyed for Trinidad Pineda, et al. located at Bugo, Cagayan de Oro City, containing an area of SEVENTY (70) SQ. M. more or less, with all impovements thereon.

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, February 9, 2012

FOR PROVINCIAL SHERIFF

(Sgd.) JAN B. ACERO RTC Sheriff IVBWM: Feb. 17, 24 & Mar. 2, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 44

Initao, Misamis Oriental

IN THE MATTER CORRECTION OF SPEC. PROC. NO. 2012-1055ENTRY IN THE CERTIFICATE OFLIVE BIRTH OF RUBY RATUNIL SERIÑO,NOW RUBY SERIÑO NOTORIO

RUBY SERIÑO NOTORIO, Petitioner, -versus-

THE LOCAL CIVIL REGISTRAR OFMANTICAO, MISAMIS ORIENTAL, Respondent.X-----------------------------------------------/

ORDER

Let this case be heard on May 4, 2012 at 8:30 a.m., at this court sitting at the Hall of Justice, Poblacion, Initao, Misamis Oriental. The Civil Registrar concerned and any person having or claiming any in-terest under the certificate of live birth whose cancellation/correction is sought may, within fifteen (15) days from notice of the petition, file his or her opposition thereto. At the expense of the petitioner, let a copy of this Order be pub-lished once a week for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental. Further, let a copy of this Order and the petition be posted at the bulletin boards of the entrance door of this court, Hall of Justice, Initao, Misamis Oriental and Municipal Hall, Manticao, Misamis Oriental. Finally, let a copy of the petition and this Order be furnished to the Office of the Solicitor General and the Office of the Civil Registrar concerned. SO ORDERED. Initao, Misamis Oriental, February 20, 2012.

(Sgd.) JEOFFRE W. ACEBIDO Acting Presiding JudgeBWM: FEB. 24, MARCH 2 & 9, 2012

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

tries. In the United States, for instance, passports are released four (4) to six (6) weeks from the date of ap-plication. OCA clarifi ed that it is the waiting time to get an appointment that is longer due to a number of reasons including non-appearance. Forty percent of individu-als who have set appoint-ments do not show up on the designated dates. OCA still accommodates these slots since these were not cancelled by the applicants.

Passport...from page 2

reception desks of the new consular building. Th e Offi ce of Consular Aff airs (OCA) also attributed the two-month waiting time for appointments to the peak summer season and the huge demand for the Philippine ePassport. It disclosed that it has been accepting 3,500 applicants on a daily basis. Th e processing and re-leasing time is in fact faster compared to other coun-

intent to become a relevant player in the socio-economic development of Mindanao,” the BSP said. The central bank said it has been “actively” pro-moting cooperative banks’ mergers, consolidations and acquisitions that will result in “larger and stronger” entities with more solid capital position and wider branch network. Thus, allowing the new institutions to “spur lending activities in the unbanked and the underserved areas” the BSP said. As an incentive to the merger, the Bangko Sen-tral will allow Consolidated Cooperative to establish branches or offi ces in major cities and towns of Mind-anao. Part of the incentive pro-

BSP...from page 1 The new entity created by the merger will now be called, Consolidated Co-operative Bank which will assume all assets and liabili-ties of the three cooperative banks. The consolidation was led by Cagayan de Oro-based First Community Cooperative, a majority shareholder in the three cooperative banks that con-solidated. “The plan of consol-idation was a collective agreement of the common shareholders of [the three banks] in their desire to strengthen the financial position and operating ef-ficiency of their respective cooperative banks with the

gram gives Consolidated Cooperative the opportunity to revalue its existing proper-ties based on fair valuation. The BSP la s t ye ar launched the Special Pro-gram for Cooperative Banks, with state-run Philippine Deposit Insurance Corp., for a stronger cooperative banking sector. The program attracted Rabobank Group of Nether-lands and DGRV-Deutscher Genossenschafts-und Raif-feisenverband E. V. of Ger-many to venture into Phil-ippine cooperative banking by technical assistance or financial assistance. The 40 cooperative banks in the Philippines have com-bined resources of P16.4 billion as of end-September last year, Bangko Sentral data showed.

P498-M irrigation project in Balingasag underwaySECRETARY of Agriculture Proceso J. Alcala along with National Irrigation Administrator (NIA) An-tonio Nangel recently vis-ited Nothern Mindanao to inspect the P498-million Balingasag River irrigation project. The irrigation system,

once completed, will serve 2,500 ha of land, benefiting 2,123 farm-families in the towns of Balingasag and Lagonglong in Misamis Oriental, ensuing year-round palay production. Last year, Misamis Ori-ental produced close to 26,500 metric tons of palay

from 6,400 ha, of which 5,950 ha were irrigated. The completion of the Balingasag irrigation sys-tem will greatly contribute to increasing the province’s palay harvest in succeed-ing years, and attain self-sufficiency within the next two years, said Alcala.

MisOr intensifies drive against illegal miningAUTHORITIES seized on Wednesday 15 diesel engines used in illegal hy-draulic mining operations in Opol town, Misamis Oriental,, leading Mayor Dexter Yasay to predict their campaign against illegal mining this year might surpass the com-bined achievements of the past two years. The raid, initiated by Yasay, was mounted with support from the Pro-vincial Peace and Order Council headed Vice Gov-ernor Norris Babiera, the Mines and Geosciences Bureau, the Philippine National Police and Phil-ippine Army. Nine of the diesel en-gines were seized in Sitio Inapasan, the remaining six in Sitio Araw-araw, both in Barangay Bagok-bok. “We are not letting up in our anti-illegal min-ing operations and we’ve been doing it since 2009. I know that our drive will hit several individuals -- even people I know -- but we will move forward with our commitment,” Yasay said. In previous years, he said they lacked the man-power and the roads lead-ing to most illegal mining areas were hardly passable. “This time, with the manpower and support given to us, the outcome was bigger compared to that of the previous years. With this renewed support and commitment from other agencies I’m sure our campaign will be fruitful this year,” he said. The Opol police force

Authorities town seizes 15 engines in intensified drive vs illegal mining in Sitio Inapasan and Sitio Araw-Araw of Brgy. Bagocboc, Opol, Misamis Oriental.

of only 16 men were sup-ported by 26 personnel from the Regional Pub-lic Safety Battalion, 21 from the Provincial Public Safety Battalion, and 32 soldiers from the 58th Infantry Battalion. Opol chief of police Chief Inspector Rogelio Labor said the confiscated engines were much larger than those seized in previ-ous years. “These illegal opera-tions are getting bigger and much more sophisticated;

they are now using engines we’ve never seen during our previous raids. Rest assured we will never stop with our campaign and whatever actions these mining groups are plan-ning, we will see to it that they will be stopped,” said Labor. In a raid witnessed by this reporter in 2010, the seized engines were smaller and less power-ful than those seized on Wednesday.---Erwin Mas-carinas, InterAksyon.com

10 BusinessWeekMINDANAOMarch 2-4, 2012 MisOr Today MisOr Today

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionCagayan de Oro City

2012-102OFFICE OF THE PROVINCIAL SHERIFF

AMENDED NOTICE OF EXTRA-JUDICIAL SALEFILE NO. 2012-047

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by BANK OF THE PHILIPPINE ISLANDS, with principal place of business at Ayala corner Paseo de Roxas Sts. Makati City and with branch office at 2nd floor, BPI Building, C.M. Recto Avenue, Lapasan, Cagayan de Oro Branch as mortgagee, against MR. MENELEO R. NAVARRO in his personal capacity and ST. IGNATIUS HEALTH FOUNDATION INC., represented by its President MR. MENELEO R. NAVARRO and its Treasurer RAOUL G. DE LA SERNA, as mortgagors, with residence and postal address at Pelaez Sports Complex, Velez St., Cagayan de Oro City, which as of November 16, 2011, amounts to TWO MILLION PESOS ONLY (P 2,000,000.00) as principal, interest, late payment charges, plus other….as stated, interests and charges, thereon to the date of the foreclosure, cost of publication of this notice of sale, expenses of the foreclosure proceeding, an additional sum equivalent to fifteen percent (15%) of the total amount due as and for liquidated and other expenses allowed by law. Undersigned Sheriff will sell at public auction on April 17, 2012 at 10:00 a.m. to 4:00 p.m. at the Office 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 in the attached Xerox copy of the Titles below with all the improvements found thereon, stated as follows:

TRANSFER CERTIFICATE OF TITLE NO. T-136177 A PARCEL OF LAND (Lot 8, Block 2, Psd-104305-017450, being a portion Of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagat- pat, City of Cagayan de Oro, Island of Mindanao, Containing and area of FOUR HUNDRED (400) square meters, registered in the name of DR. MENELEO R. NAVARRO. TRANSFER CERTIFICATE OF TITLE NO. T-136178 A PARCEL OF LAND (Lot 9, Block 2, Psd-104305-017450, being a portion Of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagat- Pat, City of Cagayan de Oro, Island of Mindanao, Containing and area of FOUR HUNDRED (400) square meters, registered in the name of DR. MENELEO R. NAVARRO.TRANSFER CERTIFICATE OF TITLE NO. T-13617 A PARCEL OF LAND (Lot 10, Block 2, Psd-104305-017450, being a portion of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagatpat, City of Cagayan de Oro, Island of Mindanao, Containing and area of FOUR HUNDRED (400) square meters, registered in the name of DR. MENELEO R. NAVARRO. TRANSFER CERTIFICATE OF TITLE NO. T-136180 A PARCEL OF LAND (Lot 11, Block 2, Psd-104305-017450, being a portion Of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagatpat, City of Cagayan de Oro, Island of Mindanao, Containing and area of FOUR HUNDRED (400) square meters, registered in the name of DR. MENELEO R. NAVARRO.TRANSFER CERTIFICATE OF TITLE NO. T-136181 A PARCEL OF LAND (Lot 13, Block 2, Psd-104305-017450, being a portion Of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagatpat, City of Cagayan de Oro, Island of Mindanao, Containing and area of FOUR HUNDRED (400) square meters, registered in the name of DR. MENELEO R. NAVARRO

All sealed bids must be submitted to the undersigned on the above stated time and date. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein above-described and encumbrances thereon, if any there be. Cagayan de Oro City, February 20, 2012.

(Sgd.) ANTONIO A. CAGULANG, JR. Sheriff IVBWM: MARCH 2, 9, & 16, 2012

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionCagayan de Oro City

Branch 22

OFFICE OF THE PROVINCIAL SHERIFF2012-089

SHERIFFS NOTICE OF SALEFile No. 2012-037

Upon Extra-Judicial petition for Sale under Act 3135 as amended filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), mortgagee, with postal address at 104 Amorsolo St., Legaspi Village, Makati City against EDGARDO R. BOMOTANO married to Merly J. Bomotano, mortgagor/s, of legal age, Filipino/s with postal address at Lot 23, Block 1, Villa Trinitas Subd., Bugo, Cagayan de Oro City, to satisfy the mortgaged indebtedness which was as of December 15, 2011 amounts to EIGHT HUNDRED SEVENTY EIGHT THOUSAND EIGHT HUNDRED ONE PESOS AND 42/100 ( P 878,801.42) Philippine Currency excluding interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on April 16, 2012, at 9:00 o’clock in the morning or soon thereafter at the RTC Branch 22 office, Arch Hayes St., Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-94945A PARCEL OF LAND (Lot 23, Block 1, of the subd. plan Psd-10-022170, being a portion of Lot 18, Pcs-10-001414) situated in the Barangay of Bugo, City of Cagayan de Oro, Island of Mindanao. Containing an area of NINETY EIGHT (98) SQUARE METERS more or less, and all other improvements thereon.

Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, February 20, 2012

(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IVBWM: MARCH 2, 9, & 16, 2012

to 1,200 MW on weekends. The power shortage is expected to prevail into the summer months as the is-land is highly dependent on hydroelectric power. “There really is a deficiency in generation... We were con-strained because there are some downed plants...,” said Asirit. A similar circular was implemented in 2010 at the height of a dry spell that forced the temporary closure of Min-danao’s hydroelectric power plants. The circular particu-

Power...from page 1(PSALM) and the general managers in Mindanao,” she said. Asirit said the circular will be redefined so distribution utilities and electric coop-eratives have to do their own demand side management. Mindanao has been expe-riencing rotating brownouts in the past few weeks. The island’s normal power requirement ranges from 1,400 megawatts (MW) on weekdays

larly targeted power barges 118 and 117 owned and oper-ated by Aboitiz Power Corp. subsidiary Therma Marine, Inc. which was contracted to provide ancillary power to NGCP. These provided around 100 MW combined. Rates from ancillary power are more expensive. “We are waiting for the direction of the Energy de-partment for Mindanao. One of the options is to release a circular which will give us the legal cover to dispatch all power as energy which we will of course follow,” said NGCP Spokesperson Cynthia D. Perez- Alabanza in a tele-phone interview. The NGCP is still nego-tiating a new contract with Therma Marine, she added, “so we do not have that ca-pacity [as of now].” Aboitiz Power could not be reached for comment. Two years ago, at the height of a dry spell, the island’s power deficiency peaked at 600 MW resulting in daily power outages that last for as long as 10 hours. Power demand in Min-danao is projected to rise by 4.65% this year which will further put pressure on limited resources. In a related development, Finance Secretary Cesar V. Purisima has urged the En-ergy Regulatory Commission (ERC) to act on the long-standing appeal of the Power Sector Assets and Liabilities Management Corp. to impose a universal charge. “The ERC should already approve the filing of PSALM for a universal charge. I be-

lieve that the increase is very reasonable and is spread out over a wide period,” Mr. Puri-sima, also the chairman of the state-run energy firm, said on the sidelines of the Bureau of Internal Revenue’s 2012 Tax Campaign Kick-Off yesterday. PSALM filed a petition for a universal charge of P0.39 per kilowatt-hour (kWh) with the ERC in July. The P140 billion covered by the petition only involves the stranded debts and costs of Napocor. The petition is still pending. The state-owned firm is allowed by the Electric Power Industry Reform Act of 2001 to file petitions for a universal charge -- a pass-through cost to consumers -- to help pay for its debts. “If the ERC thinks the universal charge filed for in the petition is too high, then they should call for a public hearing. But there must be some action on the proposal. The debt of PSALM just con-tinues to grow,” Purisima warned. PSALM’s debts are esti-mated to total $18 billion. Of this, $8.7 billion comprise obligations to independent power producers while $7 billion are debts incurred by the National Power Corp. Consumers may oppose the hike in their power costs, but the Finance chief said that somebody has to pay for the liabilities. “Unfortunately, there is no such thing as a free lunch. Either the consumers carry the universal charge or the taxpayers shoulder the debts,” Mr. Purisima said.

BATANES Rep. Henedina Abad has agreed to an inquiry into the impact of unremit-ting oil price increases on the lives of 1.3 million Filipino fishermen. The Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) said Abad, wife of Budget Secretary Florencio “Butch” Abad, was actually pressured to act on the matter after activists condemned her not acting on two resolutions on the matter that were filed on March 29, 2011. Her consent came a day after denying Pamalakaya’s charges that she was sitting on the resolutions and refus-ing to subject uncontrolled oil price increases to legislative review. As chairman of the House of Committee on Energy, Abad was expected to act on House Resolution No. 1779 urging the House of Representatives to probe the impact of oil price increases. The resolution, authored by Anakpawis Rep. Rafael Mariano, states that unstop-pable hikes in the prices of petroleum products coupled by the imposition of 12 per-cent Expanded Value Added Tax (EVAT) and the over-pricing of oil jacked up the cost of production of small fishermen. In her letter to Pamal-akaya National Chairperson Fernando Hicap, Abad re-ferred HR No. 1779 for the Hicap’s comments. She said she would appre-

Solon endorses oil price probe

ciate the fisherfolk ’s views on the legislative measure proposed by Mariano. To prove that she is acting on legislative measures per-taining to oil price increases and the oi l deregu lat ion law, Abad attached in her letter to Pamalakaya House Committee Report No. 1726 submitted by Rep. Neptali Gonzalez III, chairperson of the Committee on Rules, recommending HR No. 1779 for adoption and amend-ments. The report said the Com-mittee on Rules has consid-ered HR No.1779 with certain amendments. Since the beginning of the year, oil firms have raised the pump price of diesel by P1.30 per liter, unleaded gasoline by P3.10 and an 11-kg LPG tank by P115.50. Abad has denied she was sitting on these bil ls. She said a public consultation has been held in Bacolod City in Negros Occidental to consult with stakeholders. Representat ives Rufus Rodriguez and Maximo Ro-driguez also filed House Bill 2569 that called for the repeal of the oil deregulation law and the re-establishment of Oil Price Stabilization Fund (OPSF). Representat ive Winnie Castelo also filed House Bill 5295 calling for the repeal of oil deregulation law while Quezon Rep. Danilo Suarez asked to regulate the oil in-dustry and re-establishment of OPSF under HB 00347.

House panel eyes bills’ consolidationbill for plenary discussions and pass the bill before the end of the 15th Congress. “We are awaiting the schedule. We intend to finish it by March, if pos-sible,” she said. “I hope the bill will be passed within the 15th Congress.” The House panel, head-ed by Negros Occidental Rep. Alfredo Marañon III decided to create the TWG to consolidate the eight measures. These include Cagayan de Oro Represen-tative Rufus Rodriguez’s House Bills 1720 and 5390; Bohol Rep. Rene Relampa-gos, HB 4849; Camarines Sur Rep. Diosdado “Dato” Arroyo, HB 1227; Senior Citizens party-list Rep. Godofredo V. Arquiza, HB 2932; YACAP party-list Rep. Carol Jayne Lopez, HB 4797; Masbate Rep. Scott Davies S. Lanete, HB 4963 and Pampanga Rep. Anna York P. Bondoc. Most of the measures seek to add “more teeth” to Administrative Orders 2008-0004 and 2008-0004A issued by the Department of Health (DoH) that laid

down the guidelines on organ donations. T h e l aw m a ke rs l a -mented that despite the issuance of administra-tive orders, rampant black market organ harvesting remains in the Philippines making it as one of the world’s hotspots for organ harvesting. Under the measures, particularly that of Rodri-guez, only organs that are voluntarily donated with full informed consent by a competent adult shall be subject for transplanta-tion and all health-related facilities shall not allow the trade or commerce of organ vendors. The measure also provides that foreigners are not eligible to receive organs from Filipino non-related donors except when the donor is a living related donor. Rodriguez cited that in 2007, more than 50 percent of 1,046 kidney transplants conducted in the Philippines benefit foreigners, violat-ing a 10-percent cap on the number of transplants to foreign recipients that was

set on 2003. More than 80 percent of the donors were not related to the recipients, he disclosed. Under his bill, the viola-tors will face a penalty of two-year imprisonment and a fine amounting to P200,000. The license of those health and health re-lated facilities which fail to comply will be suspended. Medical professionals who violate the proposed law will be slapped accordingly by the DoH or by the Pro-fessional Regulations Com-mission without prejudice to the filing of appropriate civil and criminal proceed-ings. Negros Oriental Rep. Pryde Henry Teves pro-posed to include a provision in the consolidated bill that will allow any person, including jail inmates to be organ donors. He made the proposal after the De-partment of Justice denied a request of an inmate of the National Bilibid Pris-ons (NBP) to donate his kidney for a relative who needed to undergo a kidney transplant.

THE technical working group (TWG) of the House Committee on Health is eyeing to consolidate next month the eight measures seeking to regulate organ donation and transplanta-tion in the country. Iloilo Rep. Janette Garin, committee vice chairman, who heads the TWG, said their self-imposed dead-line in consolidating the several measures is set on March as they are bent to endorse the consolidated

of the thrice-weekly services we have decided to suspend the Cebu f lights for com-mercial reasons until further notice,” Qatar Airways CEO Akbar Al Baker said. Cebu, the second larg-est city in the Philippines, is an overnight ferry trip or a 45-minute fl ight from

Flight...from page 1

due to commercial reasons. “The last scheduled f light operating in the Doha-Cebu route will be on March 26, 2012,” the statement said. “Following a thorough re-view over the past 12 months

the prime Northern Min-danao port of Cagayan de Oro. Mindanao, the second largest island of the country, is host of indigenous Muslim-Filipinos. It is also besieged by decades-old rebellion by the community who are seeking better treatment in terms of development from the Manila

government. Islam spread in Mindanao as early as the ninth century when Muslim traders from the Arabian Peninsula arrived in the shores of the island. Doha-Cebu service has been one of the high demand services since Qatar Airways started the route in December 2003.

11BusinessWeekMINDANAO

March 2-4, 2012BillboardBillboard

NEWS CAPSBy Laurel Media/RTM

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

E-mail:reserva ons@pryceplaza.ph

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

tel. Nos. 858-9748 to 54, E-mail:hotelkoresco@yahoo.com

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

E-mail:info@mallberrysuites.com

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

E-mail:dynasty@philcom.ph

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: info@theviphotel.com.ph

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

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:i_agudo@hotmail.com

Apple Tree Resort and HotelTaboc, Opol, Misamis Oriental,

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

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: redpalm_inn07@yahoo.com

Fem’s Vines Pension HouseCor. Yacapin-Aguinaldo St.,

Cagayan de Oro CityFor Reservation: (08822) 724582

(88) 8572158

NEW DAWN PENSIONNEVelez-Macahambus Sts, CDO

Tel Nos. 8571776, 721776email : gchreserva on@yahoo.com

Malasag Eco Tourism VillagesCugman, CDO

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

HOTELSRESTAURANTS

THE Boy Scout of the Phil-ippines since her inception 75 years ago has been in the forefront in many of the memorable stories in the lives of her member.

Late last year the organ-isations’ existence was put to the test in the aft ermath of the devastating typhoon sendong in Northern Min-danao most especially in the cities of Cagayan de Oro and Iligan.

The national, regional and local leadership of the organisation summoned all possible strength they had to be above of the austere situation.

Many of the organisa-tions’ ground leaders and members were not spared by the ruthlessness of sendong. Adults and young members alike lost their homes, pos-sessions and lives too in the atrocious repercussion of sendongs’ madness com-pounded by the callousness and apathy of few of our fellowmen makes matters worst. All these madness cannot and is no equal to the preparedness of the Boy Scout of the Philippines.

Th e good morning seems to hide in the cloud of un-certainty for the parents and loved ones of all good scouts who lost their lives and for those who are yet to be found.

It was one of those morn-ings were many continue to

Scouts, be prepared and good morning!By GLENN B. AÑORA

Council Scouter, Cagayan de Oro City

hope despite the unbearable loneliness and despair.

It’s a morning when many survivors would wake up in their relocation sites and evacuation centers not know-ing what lies ahead.

It’s a morning that loved ones left behind prayed for to appease their grieving hearts with every help they can get.

One of these good morn-ing came to fruition when the Boy Scouts of the Philip-pines came represented by its’ regional and local offi cers and staff bringing with them fi nancial assistance from the head offi ce.

In the recent history of the organisation such kind of help come to attainment with high priority.

Under the Compassionate and Profi cient Leadership of our Vice President Jejomar C. Binay, President of the Boy Scouts of the Philippines, the organisation was able to distribute on time the fi nan-cial assistance due to every benefi ciary of all scouts and scouters who lost their lives and to those who are injured in the tragedy.

The much needed as-sistance may not stop the affl iction and agony but for sure it will go a long way in the new mornings in the lives of those who hope and continue to live decently aft er the madness.

Th e organisations’ imme-

diate response to the needs of her members would lead us to believe that it pays to be prepared and have a Leader-ship built in solid foundation.

Th e seventy-fi ft h year of

the Boy Scouts of the Philip-pines will not be complete without going through the new Good Morning of her existence. Scouts’, Be Pre-pared and Good Morning!

Regional Field Scout Executive and BDM Scout Shop Arnel C. DELUTE and CDO Council Scout Executive Rudy G. GULIGADO with DepEd Officials at the City Central School turnover a check to a beneficiary of a scout who perished during the tropical typhoon sendong.

With elaborate fanfare, the Department of Tour-ism in Northern Mindanao launched its national slogan - ‘’Its more fun in the Phil-ippines’’ - at the Atrium of SM City Cagayan de Oro, Sunday, February 26. Regional Director Butch E. Chan III told media that the slogan launching was the fi rst ever among the thirteen (13) regions of the country. Th e new slogan is aimed at rejuvenating the tourism industry of the Philippines. As opening salvo, guests present were mesmerized by the world class performances of the Kagay-an Performing Arts (KPA) and the DOT Singing Ambassadors. Glamorous and distin-guished men and women who have been support-ing the tourism industry of the region were present to grace the event. Th ey were, from COHARA, COTTA, Joanna-Henrik Yu of Missy Bonbon and Bigby’s Café & Restaurant, Cag de Oro city vice Mayor Ceasar Ian E. Acenas, Maria Rita Abalos –Chair of the City Tourism Council, the tourism offi cers and several guests of the industry. Also, adding colour to the launching was the pres-ence of foreign tourists from Canada, New Zealand, Swit-zerland, Singapore, Korea,

Department of Tourism launches national sloganBy JOE PALABAO

Slovania, Denmark and a Filipino balikbayan-Roy Gaane from California, USA. Th ese foreign tourists cam-paigned for the slogan- ‘’It’s more fun in the Philippines’’ (International)’ in their re-spective countries. More fun greetings from all over the world, and for-eign tourists with their support were well applauded. Northern Mindanao Pins were presented to them and pinned by Ms. Jenni-

fer W. Tan, the concurrent Chairperson of the Northern Mindanao Tourism Regional Council (NMTRC). The pinning was one of the high-lights of the of the event. Mainly highlighting the event was the ‘Unveiling of Northern Mindanao Fun Destinations’ led by respec-tive Northern Mindanao Council Offi cers. Tourism Offi cers, Director Catalino E. Chan 111 and Hon. Caesar Ian E. Acenas.

Th e successful launching which will be followed by other Regions of the country signalled DOT’s campaign to entice more tourists to visit the Philippines. The ‘’ITS MORE FUN IN THE PHILIPPINES 2012” slogan marks a vibrant and promis-ing year for tourism as the department intensifi es eff orts to reach its million target for this year and optimistically 10 million visitors by the end of 2016.

ment units to share the internal revenue allocation from taxes and other revenues which the government collects. Will rev-enues be proportionately shared by host cities or municipalities rather than arbitrarily allowed as a meager token in the col-lection of business permits and local licenses. Should LGU’s be excluded from the tax deriva-tives of the businesses inside an Economic Zone? There are good lawmakers in both houses of Congress who can craft laws for the creation of economic zones which per-haps form part of their political contracts to their constituents to develop their regions. Nevertheless, many politi-cians are not good mathemati-cians who can determine the return of investments for every peso sunk by the government.

Quiamjot...from page 6industrial and economic zones brings in revenues from lease rentals and fees from franchises granted by Congress to a cargo terminal operator. Should escalatory provision of lease agreements be made standards and compulsory in any award of contracts or fran-chise to a port handler or busi-ness locators? Investors have nothing to lose anyway with tax and import perks on top of what privilege they could gain from the free export promotions through the marketing arm of the Board of Investments. Economic zones should be supportive and may not exercise in their charters provisions contradictory provisions to the autonomy of the local govern-

Not even NEDA officials who validate their legislative propos-als are accountable for their en-dorsements. They come and go every six years once a President exhausts his term of office while economic zones have corporate life span of fifty years and gov-ernment borrowed funds have long terms maturities. Should port terminal opera-tors and other business locators be required to post bonds or guarantees in their lease or franchise contracts propor-tionate to their capitalization as insurance to participative amortization for the borrowed funds? There are also probable costs of rehabilitations that may arise in an environmental damage scenario? Economic zones causes peoples migration and miti-gate environmental degrada-

tion through carbon dioxide emission from the locators and newly created communities. It could displace marginalized fishermen from their salvaged zones for food and seashells. It also adds to the cost of social services to the cuppers of the host communities. Business locators inside the economic zones should not confine its limit and pa-rameters with setting up ob-jectives in its production and revenue figures alone. It has to set aside repayments to where it conducts its business. In a Marxist theory, the state must always be protected an opposite of the capitalist economics that sometimes leaves government empty handed. How many economic zones have failed and become white elephants?

12 BusinessWeekMINDANAOMarch 2-4, 2012