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BusinessDaily (September 12, 2013)

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Mindanao Daily NEWS northmin . westmin . caraga . davao

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PHISIX

US$1 = P43.79

6,214.90 points

MANILA - Expect a hiccup in the prices of, if not a temporary shortage in canned sardines after the sardine capital of the Philippines shut down amid v iolent clashes bet ween government troops and a rebel group. In a bid bu l letin,

As of 5:58 pm sept. 11, 2013 (Wednesday)

4 cents

X

125.18 points

X

Briefly Fake decors MALAYBALAY City -- As c o n s u m e r s b a r g a i n fo r Christmas decors and products with the start of the “ber” months this September, the Department of Trade and Industry (DTI) here urged the buying public to be watchful and nosy of mislabeled products, to assure quality and safe use, so that they really get the best value for their money. DTI Bukidnon Provincial Director Ermedio Abang in a statement warns consumers not to rush into buying fake or imitation products that are cheap. “Consumers must check the labels such as the brand or trade mark, name and address of manufacturer, country of manufacture, net quantity, and toxicity warnings, if applicable,” Abang said.

IN-DEPTH

Zambo standoff shuts down sardine production the Department of Tr a d e a n d I n d u s t r y (D T I) s a id a l l c a n ne d s a rd i ne m a nu f ac t u rer s in Zamboanga City have stopped operat ing. T he city produces 75 percent of all canned sardines in the country. DTI Consumer Welfare

and Business Regulation Group of f icer-in-charge Victorio Mario A. Dimagiba said that the agency has yet to determine the number of workers displaced by, as well as the losses resulting from the temporary work stoppage. Fallout/PAGE B11

Siege takes heavy toll on Zambo businesses Local bankers assures sufficient money via teller machines

A

By LOVELY MAE V. CASENAS Staff Member

S t h e s t a n d o f f b e t we e n t h e government forces and the Moro National Liberation Front (MNLF) continues to paralyze banks’ operation in Zamboanga City, business activities absorb the heaviest toll.

Trade expo DAVAO City -- The farmers, farm products and best farming practices will take center stage in the forthcoming Davao Trade Expo 2013 slated on October 17-19 at the SMX Davao Convention Center in SM Lanang Premier. Architect Agatha SalanatinValencia, chair of the DATE 2013 told reporters that the Davao Trade Expo this year will bring a new opportunity for the agriculture sector to produce high quality yield by giving assistance on the agricultural products namely cacao, coconut, coffee, corn and cassava. Speaking at the Club 888 Forum at the Marco Polo Hotel, she said these crops are in demand both in the domestic and international markets.

September 12, 2013

‘GHOST’ CITY. Business establishments in Zamboanga City remain closed as elements of the Marine Battalion Landing Team 3 pursue Moro National Liberation Front (MNLF) rebels that occupied parts of the city. mindanews photo by frencie carreon

Ye s terd ay, t he lo c a l bankers association has assured the public there will be sufficient money in the different banks’ Automatic Teller Machines (ATMs) within the city. The sta ndof f sta r ted Monday when hundreds of Misuari-faction Moro National Liberation Front (MNLF) rebels infiltrated

this city. Zamboanga City Bankers and Financiers Association (ZCBFA) president Alma Paculanan yesterday said that if the public needs cash, they can easily withdraw through ATM machines. Paculanan has assured the depositors that the banks will be opened for business once toll/PAGE B11

S. Mindanao rice supply “normal” -- NFA By CARMELITO Q. FRANCISCO Correspondent

DAVAO City -- The National Fo od Aut hor it y (N FA) a s su re d t h at S out her n Mindanao has enough rice to sustain the region’s total population for over 90 days. In a press statement sent to media, Edgar S. Bentulan, regional director of the NFA in South Cotabato, said the rice supply situation in the region “is normal.”

“There should be no cause for alarm,” Mr. Bentulan said, pointing out that the agency’s imported iron-fortified rice is still sold at P27 per kilogram, while the price of well-milled rice was at P32/kg. The NFA retail outlets, nu mb er i ng 6 49 i n t he region, are “each given daily allocation according to the marketing plan set by the

province,” he said, adding that of these outlets, 242 stores are in this city. Mr. Bentulan said that the region’s rice supply is also augmented with commercial rice as initial rice harvest has resulted in about 825,000 bags, based on inventory. T h e N FA h a s a l s o d ispatched its mobi le procurement teams to the different barangays where supply/PAGE B11

NO RICE SHORTAGE. A laborer loads 50 kilo sacks of government subsidized rice at the National Food Authority warehouse in Davao City. NFA authorities in Southern Mindanao say there should be no cause for alarm over the region’s supply.

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2 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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Construction of new roads going to Camuigin’s remote tourist destinations safe MAMBAJAO, Camiguin -- Ca mig uin Prov incia l Tourism Officer Candice Naome Dael reiterated that new roads built going to remote tourist areas in the Island will cause no harm to adjacent forests. The province is currently

undertaking three major road infrastructure projects, connecting secluded tourist destinations li ke t he Tuasan and Binangawan (rainbowed) fa lls to the major highway, and one cross country road project safe/PAGE B9

Economy

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DA bares rice sufficiency in Caraga BU T UA N C it y - Department of Agriculture - Regional Field Unit (DARFU) Caraga revealed that the region has a sufficient production of palay and positive rice suf f iciency level. C a r a ga DA-R F U Operations and LGU Support Regional Technical Director Edgardo Dahino during the Rise for Rice Suppor t t he Nationa l Year of Rice Legislators’ C ong ress on Aug ust 29 said t he region has rice sufficiency level of 78.33 in 2011 a nd remarkably increased to 86.89 in 2012 and the subsequent years. “Based on the Caraga Rice Sufficiency Level and Utilization data from 2011216 w it h a popu lat ion of 2,429,224 and growth rate of 1.5 percent based on 2010 NCSB Survey, the reg ion w i l l have 10 0.24 sufficiency level in 2013 and expected to increase on the following years under normal condition,” Dahino added. Dahino said the region has a rice sufficiency level starting in 2013 and will rise to 111.90 in 2014; 112.22 in 2015; and 111.08 in 2016 granting that all variables l i ke weat her cond it ion, popu lat ion, i ncrea se of ha r vested a rea, pa lay production and yield and other agricultural factors

are considered. It was revealed that there was low productiv it y of palay in 2011 and 2012 since the region was affected by the typhoons Sendong and Pablo. In 2012, the Caraga has a total harvested area of 155,041 hectares that actually produced a total of 4 69, 2 05 me t r ic tons (mt.) of palay which yield at 3.03 mt. per hectare. D a t a p r e s e nt e d s h ow s that in 2012, Agusan del Sur has the highest palay production of 240,381 mt. followed by Surigao del Sur with 84,550 mt., Agusan del Norte with 73,595 mt., Su r igao del Nor te w it h 64,852 mt. and Dinagat Province with 5,827 mt.

The 2013 Food Staples Sufficiency Program (FSSP) of t he DA Caraga has a target of 547,484 mt. In the first semester of 2013, the actual production reached to 315,568 mt. “With a good weather cond it ion, we have ou r second semester FSS production target of 231,916 mt. which has an incremental target of 35,612 mt. compared to the 2012 second semester ac t u a l production of 196,304 mt.,” Dahino added. He revea led t hat t he DA C a raga ha s a l ready prepa red strateg ies a nd interventions in order to achieve the increased palay production and its yield

a nd r ice su f f icienc y i n t he region li ke t hrough the opening of new areas of 3,383 hectares for rice production; the restoration of 3,733 hectares rice areas; t he r at ion i ng of 11, 518 hectares; the provision of high quality seeds (HQS) to irrigators associations (I A s) a nd f a r me r s association (FAs) under pay now pay later (PNPL) pla n w it h hybrid seeds, certified seeds (CS), and registered seeds; the CS subsidy from LGUs; the av a i l m e nt o f we a t h e rba s ed (W B) i nsu r a nc e ; a nd t he prov ision of f a r m i np u t s l i k e Z i n c Chelate, Rodenticide, and Bactericide.

Forum on downstream oil industry set today in CdeO By JASPER MARIE OBLINA-RUCAT Contributor

THE Department of Energy (DOE) through its Oil Industry Management Bureau (OIMB) in collaboration with the Philippine Information Agency will conduct a Multi Sectoral Advocacy on Downstream Oil Industry today, September 12, at the Dynasty Court Hotel here. As part of OIMB’s advocacy initiatives, the Multi-Sectoral Advocacy Campaign on Downstream Oil Industry (DOI) was conceptualized in order to create and capacitate a critical

mass of communicators/ media practitioners that would serve as conduits in disseminating the benefits and developments in the industry. In order to maximize the campaign, other DOI stakeholders are invited such as, Depar tment of Trade and Industry-Bureau of P ro du c t S t a nd a rd s , Department of the Interior and Loca l GovernmentBureau of Fire Protection, Local Government Units, Liquid Petroleum Products (LPP) retailers and Liquefied Petroleum Gas (LPG) dealers. The ca mpa ign was launched in Palawan and replicated in nine cities/ municipalities in 2012. Following the successful conduct of these activities and the positive feedback it has created among the various stakeholders, DOE will replicate the same in Misamis Oriental. The topics to be discussed include the Overview on the Downstream Oil Industry, LPG Industry Regulatory Framework, Retail Rules, Metrolog y a nd Basic Principles on the Sealing and Calibration of a Dispensing Pump.


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Editor : Neslon Constantino , e-mail- nelconstant@gmail.com

Globe puts up free Still no flights for Zamboanga airport call stations in Zambo FOR the fourth straight

Globe Telecom set up a L ibreng Taw a g s t at ion i n Z a mboa nga Cit y on September 10 in response to the clashes that swept four barangays in the city on September 9. The Libreng Tawag station is located at the Joaquin F. Enriquez Memorial Sports Complex, an evacuation center in Barangay San Jose Cawa-Cawa currently housing 5,000 people or 800 families. Globe Telecom will be setting up four more Libreng Tawag stations over the next week in various evacuation centers

and mobile hospitals, starting tomorrow at the Western Mindanao State University g y m, where pat ients of Zamboanga General Hospital are temporarily evacuated. Through these stations, evacuees can text and make local calls to all networks, as well as internationa l calls, all for free. OIC for Globe Corporate Socia l Responsibility Fernando Esg uerra says, “We a re closely mon itor i ng t he situation in Zamboanga to determine other areas that need immediate assistance.”

PANGILINAN-LED Smart Communications, Inc. is investing $20 million for both the infrastructure and the devices in its recently inked technolog y-and-ser v ices pa r t ner sh ip a g re ement w it h mobi le satel lite services provider Thuraya Telecommunications Co. The said deal will expand the satellite services of the country’s wireless services provider through mobile and compact devices. Dubai-based Thuraya would provide the technology for Smart’s Satellite Services which is now available in the land areas and major sea-la nes i n Asia, New Zealand, Australia, Middle East, Africa, Europe, and the Indian Ocean, the local telecommunications firm said in a statement. With the said partnership, the Smart has expanded its satellite footprint to cover two-thirds of the world. “A s i d e f r o m g i v i n g us broader coverage, our partnership with Thuraya enables us to of fer our customers a broader range of services, including text me s s a g i ng a nd mobi le data applications,” Smart Executive Vice-President Charles A. Lim said in a statement. “It is an exclusive marriage of Smart and Thuraya,” Tina Z. Mariano, Smart Global Access head, said. The Dubai-based company would provide the SatSleeve technology, which is a portable dock that allows iPhone users to switch from cellular to satellite mode by mounting the phone into the device, is initially available for iPhone 4, 4S and 5 models. It will also be available later for Android devices, Smart officials explained. Smar t a lso eyes a par tnership w it h t he government and selected humanitarian and rescue organizations for the use of the SatSleeve in disaster preparedness and emergency communications. “In a d isa ster-prone c ou nt r y l i k e ou r s , we should be always ready for calamities and emergencies. Smart Satellite Services gives emergency agencies greater f lexibility in responding to calamities,” Orlando B.

Vea, chief wireless advisor at Smart, said during the press conference. “This will help us in providing communications most especia l ly du r i ng t he conduct of disaster preparedness activities,” Lt. Col. Edwin C. Sadang, of f icer-in-charge of t he Nat iona l Disa ster R isk Reduction and Management Council Operations Division, said during the briefing. S M A R T LINK EXPANSION The partnership a lso paved way for the unveiling of Smart’s Marino PhonePal, which is a satellite voice call service that provides satellite coverage while at the sea. Smart/PAGE B9

Smart expands satellite services

day, the Civil Aviation Authority of the Philippines (CAAP) shut dow n t he Za mboa nga Internat iona l A ir por t to all carriers except for military aircraft when it issued another NOTAM (n o t i c e t o a i r m a n) effective for yesterday from 8 a.m. to 9 p.m. T h i r t y com mercia l f lights were cancelled in yesterday’s operation, and passengers affected by f light cancellations were advised to contact their respective airlines carriers for f light schedules. In its advisory sent to media outfits, PAL said cancelled are 20 f lights from Zamboanga going to Manila, Cebu, TawiTawi, Jolo, and Davao. These include: All ManilaZa mboa nga-Ma ni la f l i g h t s f o r S e p t . 11 (2P 9 93/9 9 4 M a n i l aZ a mboa nga-Ma ni la, 2 P 9 9 5/ 9 9 6 M a n i l a Z a mboa nga-Ma ni la, and 2P 997/998 ManilaZamboanga-Manila) and 12 All f lights operating in and out of Zamboanga for Sept. 11: - Cebu-ZamboangaCebu (2P 241/242 Mactan-

Zamboanga-Mactan) - Z a mb o a n gaTawi-Tawi-Zamboanga (2P 243/244 Tawi TawiZamoanga-Tawi Tawi) - Zamboanga-JoloZamboanga (2P 245/246 Jolo-Zamboanga-Jolo) - Zamboanga-DavaoZamboanga (2P 272/273 Dav ao -Z a mb oa ngaDavao) Affected passengers are advised not to proceed to the airport; instead ca ll PAL/PAL Express Reser vations hotlines: (02) 855-8888 or (02) 8559000 or proceed to any PAL or PAL Express ticket office for rebooking or

refund assistance. “Rebooking penalties w i l l b e w a ive d ,” t he advisory said. PAL has cancelled a tota l of 33 f lights to/ from Zamboanga since September 9, affecting more than 2,500 passengers. On the other hand, 16 flights from Cebu Pacific were cancelled: 5J 851/852 ManilaZamboanga-Manila 5J 855/856 ManilaZamboanga-Manila 5J 859/860 ManilaZamboanga-Manila 5J 857/858 ManilaZamboanga-Manila

5J 433/434 CebuZamboanga-Cebu 5J 393/394 DavaoZamboanga-Davao 5j 839/8 4 0 Zamboanga-Tawi TawiZamboanga 5J 845/844 Cagayan d e O r o -Z a m b o a n g a Cagayan de Oro T h e N O TA M w a s approved by CA AP Director General William K. Hotckiss lll for safety and security reasons. An updated bulletin will be issued at 5 p.m. today by CAAP Operation Rescue C o ord i nat i ng C enter (ORCC) for tomorrow’s f light advisory.


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RealEstate Property firm sells Banks’ exposure to real part of Rizal lot estate expands by 2.5% 4 Mindanao Daily NEWS

thursday | september 12, 2013

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IRC PROPERTIES, Inc. has sold a portion of its landholdings in Rizal to a Filipino-Chinese company, the listed real estate investment firm said in a disclosure yesterday. “Please be informed that today, IRC Properties entered into a contract to sell with Hundred Lake Development Corp., a 60% Filipino-40% Chinese owned corporation organized and existing Philippines laws, whereby IRC Properties agreed to sell its land located in Binangonan, Rizal…” the company said. IRC Properties said it sold to Hundred Lake 183,729 square meters of land for P87.27 million. The company owns 2,200 hectares (ha) of land in Binangonan, its 2012 annual report showed. An initial P50 million downpayment will be paid upon execution of the contract, while the balance will be paid upon transfer of the land title.

IRC Properties last month said it was finalizing a deal to sell part of its landholdings in Rizal. It also tripled its capital stock to P3 billion from P1 billion in preparation for a share sale. IRC Properties, formerly Interport Resources Corp. (IRC), was incorporated on Feb. 24, 1975 primarily to engage in the acquisition, reclamation, development or exploration of land, forests, minerals, oil, gas and other resources, according to its profile on the Philippine Stock Exchange Web site. The company ventured into oil exploration until the impact of the mid-’70s world recession forced it to end this business. In 1978, the company acquired its 2,200-ha property in Binangonan, Rizal, signaling a shift to real estate development. IRC also owns 895-ha Apo Island in Coron, Palawan.

Known as expert in troubleshooting especially in Korean cars.

THE exposure of banks to real estate has increased by 2.5 percent in the first quarter from end-December, the Bangko Sentral ng Pilipinas (BSP) announced yesterday. In a statement, the central bank said the exposure of universal, commercial and thirft banks to real estate at P842.6 billion was due to the increase in these lenders’ real estate loans, which were up 1.7 percent to P715.5 billion from P703.billion in December last year. Real estate loans make up 85 percent of the banks’ exposure to the sector. BSP sa id t hat about 78 percent of these loans a re re s id e nt i a l , w h ic h are used to f inance t he purchase, construction and improvement of housing units. “The exposure of banks to such residential real estate loans remians manageable as the non-performing portion was only 4 percent of the residential real estate loans in March.

Bank investments in real estate securities also went up 7 percent to P127.1 billion in the first quarter from P118.5 billion in December 2012. These investments by banks make up the remaining 15 percent of their total exposure to the sector. The stress tests using t h e M a r c h 2 01 3 d a t a showed that the industry’s capital adequacy ratio will remain above the 10 percent m i n i mu m, even w it h a simulated 50-percent writedowns in real estate exposure. The BSP has expanded the reporting system of banks on real estate exposure and now counts covers loans to developers of socialized and low-cost housing, loans to individuals, loans supported by non-risk collaterals or Home Gu a r a nte e C or p expands/PAGE B9

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Ever Gotesco trading suspension lifted SHARES of shopping mall developer Ever Gotesco Resources and Holdings, Inc. will resume trading yesterday after being suspended for more t han two mont hs, according to the Philippine Stock Exchange.

In a memorandum, the PSE said it lifted the trading suspension on Ever Gotesco’s shares after the Securities and Exchange Commission also lifted suspension of the company’s registration of securities and permit to sell securities. In May, the SEC ordered t he suspension of Ever Gotesco resources for 60 days after is was discovered the company failed to hold its annual stockholders meeting in 2012, the fourth time the company committed the violation. Then in July 5, the PSE suspended the trading of Ever-Gotesco’s shares. Shares of Ever-Gotesco were last traded on July 3, when it closed at P0.232 per share. Aside from the suspension, Ever Gotesco was also fined P194,400 for the violation of the Securities Regulation Code. Ever-Gotesco, which was incorporated on September 1994 as a holding company, is lifted/PAGE B9

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

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& gorgeous male/ female massage therapist. HOME / HOTEL SERVICE ONLY (088)5886363/ 09061149906/ 09187958578 / 09061149906 - REY email ad: bodyflex@yahoo.com Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City RURAL TRANSIT OF (MINDANAO) INCORPORATION Case No;2013-10-1502 Applicant/s 2009-10-759

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City RURAL TRANSIT OF (MINDANAO) INCORPORATION Case No;2013-10-1503 Applicant/s 2009-10-600

RENARI0 NAMUAG -Vendee Applicant/s

Case No;2013-10-1521

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority to extend the validity of certificate of public convenience wth Upgrading of unit/s from Regular to Aircon to operate PUB service on the line:Cagayan de Oro City (R-X)to Davao City via Malaybalay City –Valencia City –Buda, Bukidnon and vice versa with the use of fourteen(14) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 5th day of September, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUB service on the line:Cagayan de Oro City Tacurong Sultan via Damulog ,Bukidnon –Cotabato and vice versa with the use of four(4) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 5th day of September, 2013.

APPLICANT request authority for approval of sale and transfer with extension of validity and amendment of line of certificate of public convenience to operate FILCAB service on the line:Kisolon to Kibawe –Malaybalay City –Valencia City via Quezon-Busco and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 9th day of September, 2013..

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

LUCRESSIO PACULBA/BUKTRAMCO -VENDEE Case No;2013-10-1522 Applicant/s

NOTICE OF HEARING APPLICANT request authority for approval of sale and transfer with extension of validity of certificate of public convenience to operate PUJ service on the line:Cagayan de Oro City to Kibawe –Damulog –Malaybalay City –Valencia City via Quezon Busco and as for cargoes from said place to any point in Region X and vice versa with the use of ONE(1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 9th day of September, 2013. . MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

NOEL G. GARCIA Applicant/s

Case No;2013-10-1519

NOTICE OF HEARING APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line:Cagayan de Oro City to Kibawe –Malaybalay City-Valencia City via Kadingilan and vice versa with the use of one(1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 9th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

BUKTRAMCO Case No;2013-10-1523 Applicant/s 2008-10-1480 2008-10-1572 NOTICE OF HEARING APPLICANT request authority to extend the validity and Consolidation of cases of certificate of public convenience to operate FILCAB service on the line:Malaybalay City to Kibawe Valenvia City –Maramag –Don Carlos via Quezon –Busco and vice versa with the use of two(2) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 9th day of September, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013


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Editor : Neslon Constantino , e-mail- nelconstant@gmail.com

Bermudez is new Veterans Bank prexy EastWest Bank gets Aa plus PHILIPPINE Veterans Bank (PVB) Chairman Roberto de Ocampo, OBE, and its Board of Directors recently elected Joey A. Bermudez as the new President of the bank as part of the plans to revitalize the mediumsized commercial financial institution, and turn it into a major player in the banking industry led by a high-caliber and worldclass management team. A veteran banker who has been in the banking industry for almost three decades, Bermudez was the former President and CEO of Chinatrust (Philippines) Inc., the local subsidiary of Taiwan’s biggest privatelyowned commercial bank, and held key positions at Philippine Savings Bank, Standard Chartered Bank, and Philippine Commercial bermudez/PAGE B9

rating local credit watcher GOTIANUN-LED East West Banking Corp. (EastWest Bank) has obtained a PRS Aa plus rating from local credit watcher Philippine Rating Services Corp. A company rated PRS Aa differs from the highest-rated corporates only to a small degree, and has a strong capacity to meet its financial commitments relative to that of other Philippine corporations. The rating took into account EastWest Bank ’s continuing expansion in asset and operational base, its healthy capital structure, sustained improvement in profitability, positive industry performance and outlook, and the bank ’s enhanced market position amidst a cha llenging competitive environment.

Asian central banks brace for Fed’s move, Indonesia seen most at risk AS global markets tremble in anticipation that the US Federal Reserve will decide next week to begin tapering its monetary stimulus, four central banks in the AsiaPacific with very different comfort levels are likely to hold interest rates steady at

policy meetings on Thursday. I n d o n e s i a , the Philippines, South Korea and New Zealand have all been buffeted by stormy markets since May, when the Fed first hinted that it could finally begin calling time on the easy money go-

round that has lasted almost five years. As the sha ke-out in emerging markets progresses, investors have become more discriminating, sticking more easily with those economies that show good growth prospects, low

inflation and healthy fiscal and external balances. “Some ma rkets were treated overly harshly during the latest sell-off,” HSBC Global Research said in a note to clients on Monday. The reasons given for being brace/PAGE B9

E a s tWe s t B a n k ’s expansion program involves the opening of 100 new branches this year to bring its total network, including rural bank subsidiaries, to 400 by the first quarter of 2014. The aggressive expansion is in line with the bank’s goal to attract more clients for its

loan portfolio and deposits build-up. T he ba n k ended t he first half with a total of 268 branches after opening 24 new outlets. Adding the combined 47 branches of Green Bank, Inc. (GBI) and Finman Rural Bank, Inc. (FRBI), the group’s bank/PAGE B9

DEVELOPMENT aid funds from Italy totalling 2.9 million euros—approximately P170 million—are available for channelling to communitybased organizations, local government units, civ i l s o c i e t y o r g a n i z a t i on s ,

and national agencies, the Department of Finance said Tuesday. In a news release, the DOF said community-based organizations (CBOs) may propose sma l l projec t s swap/PAGE B9

Italian debt swap fund available to finance P170M in devt projects


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6 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

The

CAGAYANTIMES de Oro

LIFESTYLE

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

words & notes

by DEBBIE CABAGUE

L

The Jigsaw Puzzle

ife is full of surprises. Ye s I ’ v e b e e n singing for quite some time now but as far as I can remember during my childhood years I used to dance a lot and not until my late high school years that I started singing and perhaps saw the possibility of this gift within me. Consider me a late bloomer in developing my gift since it was already during the last years in my college life that I was able to fully embrace that music is actually part of my life. When I started singing solo for weddings it all started as requests from close friends, but little did I know that it was already a beginning of a journey. I used to sing a set of songs in minus one accompaniment but since I got used to live music I decided to invite some of my close friend musicians to join me whenever I was invited. Even without the intention of advertising myself I got clients through

word of mouth. D’blends Acoustic was initiated by then because the group needed a name “D” in short for “The” and “blends” because as we started with three members all of us can sing mostly with blending in our songs. When one of the original members left for Cebu many joined in the group but most also left because of other priorities. It was late in 2010 that the main four members were established. When 2011 came, Kasalang Filipino was one of our event highlights of the year. By 2012 our group already extended its services for wedding ceremonies through D’blends Ensemble. Like any other growing teams, we went through the good and bad times together. Sendong was one of our most unforgettable experiences, but perhaps it was also the one which made us more united. Amidst the journey we

also had misunderstandings and quarrels but out of them we learned, forgave and moved forward. It’s not easy when each of us has a very different personality but what sticks us together aside from the love for music is our respect to each other. Our weaknesses compliment each others’ strengths as well, so as a jig saw puzzle is put together and so are we. There’s a lot to learn as a team and we are hoping for more fulfilling days to come in this journey as musicians. Our tagline says...” For a unique live performance” Why? As I have said when we’re together a jig saw puzzle is formed so if you want to catch a glimpse of us join us once again this year for Kasalang Filipino 2013 at Centrio Mall on September 13, 2013 Ten Thirty in the morning and September 15, 2013 Four o’clock in the afternoon. See you there!

TINABUAN ARTS & CRAFTS spot at the My City, My SM, My Crafts exhibit at the SM City CdeO is visited by shoppers during the recent launch, September 9. Tinabuan is owned and managed by Mrs. Esmerna Uyguangco - Gabutina of Lagonglong, Misamis Oriental. The exhibit runs for one week in Cagayan de Oro before it proceeds to Marilao, Bulacan. Photo by Roselyn Paglinawan

WORKSHOP OUTPUT. Photo shows two of the displayed outputs of the workshop participants on indigenous beadwork craft during the My City, My SM, My Crafts launch, September 9, this city. The workshop was facilitated by Rhyan Casiño also known as Datu Sinumpulan of the Tigwahanon tribe of Bukidnon. Photo by Roselyn Paglinawan

SM Supermalls in partnership with National Commission for Culture & the Arts, Department of Trade & Industry, CITEM and The Philippine Star will stages “My City My SM My Crafts” featuring the crafts of Northern Mindanao at SM City Cagayan de Oro. “My City My SM My Crafts” is a celebration of traditional arts and modern Philippine design in the different cities where SM has malls. It is a take-off from the previous “My City My SM” campaign, which promotes tourism and “My City, My SM, My Cuisine,” which highlights culinary specialties in its host cities.

DATU SINUMPULAN of the Tigwahanon Tribe, also known as Rhyan Casiño, is one of the judges for the tribal beads making competition during the My City, My SM, My Crafts exhibit launch at the SM City CdeO, September 9.

Photo by Roselyn Paglinawan

The project aims to promote the best of the best crafts, as well as OTOP program in SM’s host cities, preserve dying crafts through workshops and contests, and provide opportunities for livelihood.

SALAY HANDMADE. Customers have a look-see at the intricate designs of Salay Handmade Products Industries Inc. (Salayhandmade) booth inside the “Crafts House” during the My City, My SM, My Crafts launch, September 9, this city. Salay Handmade is managed by Loreta C. Rafisura President and CEO, and Dr. Reynaldo Rafisura, Chairman of the Board Photo by Roselyn Paglinawan


Billboard

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

Fans flock SM Dasmariñas for My Phone Mall Tour 2013 MyPhone recently held its MyPhoneMallTour2013 at the SM Dasmarinas Activity Area last September 8, 2013 to the delight of the thousands of supporters who flocked to see MyPhone's ambassadors/endorsers featuring Rap Star Pio Balbueana and Raps latest Golden Boy Geo Ong host their Rap Session Program. The event also saw the Boy Band Line of 7 perform their hit singles to the delight of the teenage fans who jockeyed for position in the venue. Then saw a 14 yr old singing sensation discovered by no other than International Superstar Mr. David Foster in the name of Kris Angelica who wowed the audiences by performing hits from Beyonce to launching her 1st single 'Nasan ka Na?' who will surely become a hit single. Then finally the most awaited moment came, when the estimated 2,000

B7

PCDA Sec Gen Oca Pantaleon and Phil Pop Music Legend Ryan Cayabyab share a light moment during the Sept 10 presscon at Capitol U. Photo by Mike Baños

plus people who waited to get a glimpse of one of the country's hottest actor, MyPhone Endorser Mr. Coco Martin! Coco sing and danced to the delight of the jam packed, ear busting, screaming fans on hand to see their favorite star. The MyPhoneMallTour2013 is presented by MyPhone, the leading Mobile Phone

Brand in the Philippines. According to Mr. Richie de Quina, VP for Marketing and Business Development, the event will continue throughout the year which will see all of MyPhone's endorser grace the event. Next stop will be SM South Mall which will feature Teen Heartthrob Daniel Padilla.

Phil Pop Music Legend Ryan Cayabyab with seminar participants, September 10 at the Capitol University.

Photo by Mike Baños

Globe Celebrates Nat’l Teachers Month: Equipping Teachers with 21st Century Skills across the country with the training and tools they need to deliver quality education in the 21st century.” Launched in 2009, the Global Filipi no Teacher prog ra m t rai ns teacher s on Ef fe ct ive Cla ssroom Ma nagement u si ng ICT. Going beyond just teaching GFTs to integrate ICT in the classroom, the program also trains them to conduct problem-based lea r n i ng. To date, the program has benefitted 342 schools across 12 regions nationwide, and has produced 262 proficient Global Filipino Teachers. Shateen Serana, a GFT from Taluksangay National High School in Zamboanga City, shares, “Because of the GFT program, I won t he Microsof t Sea rch for I n novat ive Teacher s Leadership Award, and was able to go to Hong Kong, New Zealand, Dubai, and Czech Republic. I started to motivate my colleagues to use technology and problem-based learning in teaching. The GFT program also gave me and my students confidence that we 50

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new opportunities for their community. Armand Lagria, the GFT from Bilar National High School, says, “All students can now access a modern computer laboratory for their various activities. The Internet becomes the reference for all teachers in designing and making their lessons more interactive.” Hoping that it doesn’t end there, he adds, “After the GFS program, I hope that our school will

produce innovative teachers and ICT-literate st udents LY for the global arena,J Uand that our students may learn and apply their 21st century technological skills.” The GFT and GFS programs demonstrate that more than just being Globe Telecom’s core business, ICT is a key component in the company’s approach for achieving maximum social i m p a c t i n u n d e r s e r ve d communities.

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can be globally competitive.” Globe believes it’s not enough to t rain teachers on ICT. To fully maximize all that they’ve learned in training, teachers need an environment that’s conducive to 21st century learning. This is where the Global Filipino School Program comes in. The program seeks to provide schools with computers and laptops, as well as Internet connections. Globe prov ided t he pilot school, Bilar National High School in Bohol, two computer labs furnished with 25 computers in December 2012. The school also houses one proficient Global Filipino Teacher, who is tasked to train other teachers on using ICT in the classroom. The result? Community interest increased to generate more than 100 additional applications to the school, and even more impressive is that 4th year National Secondary Achievement Test (NSAT) scores increased by 15% that year. These results stand testament to the power of ICT to engage both teachers

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s second parents to millions of children across the countr y and a source of guidance for them well into adulthood, our teachers play a central role in shaping the Filipino people. In celebration of National Teachers’ Month, which starts on September 5, Globe Telecom recognizes the importance of teachers in nation-building through its Global Filipino Teacher (GFT) and Global Filipino School (GFS) programs. Har nessing the power of Infor mation and Communications Technology (ICT), Globe aims to guide teachers in bringing 21st century learning into their classrooms. Fernando Esguerra, OIC for Globe Telecom’s Corporate Social Responsibilit y program, says, “The world is changing rapidly, yet many of our teachers do not have enough resources to help them fully prepare their students for the challenges that lie ahead. Through the GFT and GFS programs, we hope to equip underserved schools

Tanleh Bldg., Abellanosa St., Consolacion, Cagayan de Oro City, Philippines Contact nos.: (088)856-3344, (08822)72-33-44 email: businessweekmindanao@gmail.com website: www.businessweekmindanao.com


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8 Mindanao Daily NEWS

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City PEDRO CARMELOTES-Vendee

Case No;2013-10-940

NOTICE OF HEARING APPLICANT request authority For approval of sale and transfer with extension of validity of certificate of public convenience(CPC) as PUJ service on the line: City Proper to Tambo –Bayug and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 9th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

CECILA ARAQUIL Case No;2013-10-1375 Applicant/s

MILKEST LILOC Case No;2013-10-1539 Vendor/Applicant RANDY S. JEMENIA Vendee/Applicant

NOTICE OF HEARING APPLICANT request authority for Extension of validity of certificate of public convenience to operate as PUJ service on the line:Malaybalay City to Damulog , Bukidnon and vice versa with the use of ONE (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 13th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer

NOTICE OF HEARING APPLICANT request authority For approval of sale and transfer with extension of validity of certificate of public convenience and amendment of line to operate PUJ service on the line:Puerto Cagayan de Oro City –Balingoan, Misamis Oriental and vice versa with the use of ONE (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 5th day of September, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

ACMAD PANDA -Vendor Case No;2013-10-1530 PETRONILO L. ARRABIS- Vendee 2008-10-1690

CONSTANCIO V. MAGALLANES Case No;2013-10-1526 Applicant/s 2008-10-896

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity to operate PUJ service on the line;Cogon Market to Terryhills-Bulua and vice versa with the use of ONE (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

APPLICANT request authority for approval of sale and transfer with extension of validity to operate FILCAB service on the line:Cogon Market to Balulang and vice versa with the use of ONE (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

APPLICANT request authority for extension of validity to operate PUJ service on the line:Cagayan de Oro City to Malaybalay City –via Kadingilan-Kibawe and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

ZENAIDA SALUDARES Applicant/s

Case No;2013-10-1531 2009-10-1192

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City LOLITA GARCIA Applicant/s

Case No;2013-10-1491 2008-10-1400

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ERNESTO COLINARES Applicant/s

Case No;2013-10-1513 2008-10-1705

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ALMA P. BETANIO Applicant/s

Case No;2013-10-1525 2008-10-498

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City FEBMER CABILLA -Vendor Case No;2013-10-1543 JESSICA ROLLINAS –Vendee 2008-10-1751

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity to operate FILCAB service on the line:Mindanao Homes –Bulua V. Canitoan and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013..

APPLICANT request authority for extension of validity to operate PUJ service on the line:Cogon Market to Pier and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

APPLICANT request authority For extension of validity to operate FILCAB service on the line:Kibawe –Impasug-ong via Valencia City and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

APPLICANT request authority For approval of sale and transfer with extension of validity to operate PUJ service on the line:ROUTE1 LOOP SERVICE and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communication LAND TRANSPORTATION FRANSCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City MONDANO JUANITO/EUSTAQUIA -Vendor Case No;2013-10-1545 GINA GEGUIERA –Vendee 2009-10-1452

NOTICE OF HEARING APPLICANT request authority For approval o sale and transfer with extension and amendment of route of service to operate PUJ DUAL service on the line:Cagayan de Oro City to Valencia via Manolo Fortich Bukidnon and as for cargoes from said place to any point in Region X with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

MARCELINO LIGAN Case No;2013-10-1540 Applicant/s 2008-10-1704

TESSIE CABREZOS Case No;2013-10-1535 Applicant/s 2008-10-1507

JAMAEL D. DIONGAL -Vendor Case No;2013-10-1541 Applicant/s

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City GODOFREDO TRIGO -Vendor Case No;2013-10-1533 ADELA CAAMIC -Vendee 2008-10-1649

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City LEBERATO FERANDICO -Vendor CaseNo;2013-10-1532 EDMAR I. DAGONDON, SR. -Vendee 2008-10-2213

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City FRANCISCO GENSON -Vendor Case No;2013-10-1542 EDUARDO A. GENSON-Vendee 2010-10-435

NOTICE OF HEARING APPLICANT request authority For approval of sale and transfer of certificate of public convenience to operate PUJservice on the line:Cogon Market to Barra –Iponan (all in Cagayan de Oro City) and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013..

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City RURAL TRANSIT OF (MINDANAO) INCORPORATION Case No;2013-10-1504 Applicant/s 2009-10-601

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority to extend the validity of certificate of public convenience to operate TH FREIGHT TRUCK service on the line:Within Kibawe,Bukidnon fromsaid place to any point in Region X accessible to motor vehicle traffic and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate GT EXPRESS service on the line:Cagayan de Oro City to Talakag, Bukidnon and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013. .

APPLICANT request authority For approval of sale and transfer with extension of certificate of public convenience and amendment of line to operate PUJ service on the line:RBC;Pier to Cogon Market via Velez –Limketkai Center(all in Cagayan de Oro City)and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 11th day of September, 2013.

APPLICANT request authority For approval of sale and transfer with extension of certificate of public convenience to operate PUJ service on the line:Cagayan de Oro City to Balingasag, Misamis Oriental and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 10th day of September, 2013. .

APPLICANT request authority For approval of sale and transfer with extension of certificate of public convenience to operate PUJ service on the line:Cogon Market to Pier (all in Cagayan de Oro City) and vice versa with the use of one (1) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 10th day of September, 2013. .

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line:Cagayan de Oro City (R-X)to Tacurong ,Sultan Kudarat and vice versa with the use of ten(10) units. This application will be considered by this Board on September 19, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 5th day of September, 2013. .

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

MDN: Sept. 12, 2013

NOTICE OF HEARING

MDN: Sept. 12, 2013


Mindanao Daily NEWS

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Safe...

from page B2

from Mainit Catarman to Sitio Itum, Barangay Baylao in Mambajao. Dael clarified that they are keeping these areas as eco-tourism zones and have already taken necessary steps in passing an ordinance that prohibits activities which can endanger and destroy the forests and the wildlife resources. “These roads are perfect for bi k i ng a nd h i k i ng activities, a beautiful sight of the forest awaits visiting tourist who wish to take the cross country road trip,” she said. P rov i nc ia l Pla n n i ng and Development Officer, Fe l ic i s i mo M . G ome z , mea nwh i le, added t hat they have undertaken close c o ord i n at ion w it h t he Department of Environment a nd Nat u ra l Resou rces Of f ice (DENR) prior to the implementation of the project. “In Bingawan Falls, we even opted to construct pathways nearing the falls as the DENR has permitted the construction of roads,” he explained. To date, the road project near Tuasan Falls was already completed, while the two other are expected to be completed within the year.

Smart... from page B3

The said service is an expansion for Smart Link, the existing maritime services of Smart, which has been operating since 2002. “It is an expansion of our existing Smart Link services. Beyond the AsiaPacific region we’ll be using Marino PhonePal. We will equip them (vessels) with this new service,” Ms. Mariano said in the briefing. Smart Link currently has 150,000 subscribers and the firm expects to increase its subscriber base because of the expansion. “We expect the subscribers of Smart Link to double or triple in numbers,” Mr. Vea said. The main target market of the said service is the maritime industry. “ We a r e t h e f i r s t Philippine mobile operator to offer services that has benef ited our ma rit ime industry,” Mr. Lim said in a press briefing. “Wit h t he en ha nced mobility and accessibility of our satellite services, we can serve better not only the maritime market, but also other critical and demanding fields such as the media, the military and the country’s disaster a nd emergenc y response agencies,” Mr. Vea said. Marino PhonePal is a prepaid, mobile telephone calling services priced at P18 per minute. “The Marino PhonePal is powered by an active antenna; the antenna will follow the satellite even as the ship moves, because in the old one you have to move

the antenna to the position of the satellite,” Mr. Vea said in the press briefing. Smart will commercially unveil the two products next month, Ms. Mariano said. The officials would not disclose the target profit for the said expansion. Philippine Long Distance Telephone Co. (PLDT), the parent firm of Smart, booked a P19.7-billion net income in the first six months of the year, a 2% hike from P19.3 billion in the same comparative periods last year. Revenues grew also by 2% to P75.7 billion in the first half from P74.2 billion last year.

Expands... from page B4

guarantee as part of their exposure. Also included are investments in securities t o f i n a nc e r e a l e s t a t e developments and exposures by bank trust departments.

Lifted... from page B4

engaged in building shopping malls and leasing them out to commercial tenants. The malls are primarily leased out to Ever Department Store and Supermarket, cinemas, banks, amusement centers, food shops, specialty stores, boutiques, drug stores, and services shops. At present the company operates two malls, na mely Ever- G otesco C om monwe a lt h C enter in Quezon City and EverGotesco Manila Plaza. During the first half of the year, Ever Gotesco posted a net income of P32.6 million, down eight percent from P35.33 million posted in the same period last year. Revenues on the other hand increased slightly to P175.34 million from P174.24 million recorded in the same period a year ago.

Bank... from page B5

branch network totaled 316 as of June this year. Loans and receivables grew to P80.7 billion in the first half, accounting for 61.6 percent of the bank’s total resources as of the same period. Total deposits jumped by 50 percent to P101.5 billion. Despite the increase in risk-weighted assets, the bank’s capital adequacy ratio remained more than adequate at 16.8 percent as of the end of the first semester.

Bermudez... from page B5

International Bank (now BDO). “He (Bermudez) will have a crucial role in turning the bank into a major player in the industry. Innovations in consumer finance and commercia l lend ing, as acknowledged by his peers, a re some of t he va lues t hat Joey brings to t he organization. He is credited with having built from zero an industry-leading consumer finance business, and for having transformed another institution from a purely corporate and commercial

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

lender into a major player in mortgage loans, auto loans, and small/mediumenterprise lending,” said PVB Chairman de Ocampo, OBE, in a statement. When asked about his appointment as the new President of PVB, Bermudez said, “I am honored and priv ileged to accept t he appointment to say the least. Along with this, I recognize that the toughest challenge now for me as leader of this institution is to establish a solid reputation for growth, and build the Bank into a truly lasting legacy to the nat ion a nd suc c e e d i ng generations.” In 2009, he was President of the Management Association of the Philippines. “I will definitely capitalize on my experience to make PVB a game-changer,” he added. Bermudez holds a master’s degree in Business Economics and a bachelor’s degree in Commerce, major in Accountancy. A Certified Public Accountant, he is a recipient of an outstanding alumnus award from his collegiate alma mater. He attended the Pacific Rim Bankers Program of the University of Washington. Philippine Veterans Bank is a private medium-sized commercial bank owned by 385,000 Filipino World War II veterans and their families. The bank caters to both corporate and retail financial markets, and is also an authorized government depository.

Brace... from page B5

more discerning included stabilizing growth in China, an upturn in the global industrial cycle, and some an expectation that the region will prove less sensitive to rising interest rates resulting from the Fed tapering than has been supposed. “Amid all the talk about the end of the emerging market era... do you really expect the West to deliver growth rates beating these econom ie s i n t he ne a r future?” HSBC concluded. Of the countries whose cent r a l ba n k s meet on Thursday, only Indonesia has looked to be in serious danger from the investor exodus. Southeast Asia’s largest economy needs capital inflows to support a current account deficit that was 4.4 percent of gross domestic pro duc t i n t he s e cond quarter. In contrast, the Philippines, South Korea and New Zealand have come through the past few months in far better shape. They have experienced outf lows, but not on a scale to destabilize their markets or economies. If the Fed does as expected by s t a r t i n g a g r a du a l reduction in its bond buying program, higher US Treasury yields could cause more pain for emerging markets. But, it will also remove uncertainty, and give these central banks comfort to wait until early next year to begin raising interest rates,

confident that the Fed won’t be raising rates before them. Indonesia’s policymakers will await the Fed decision on September 18 with a far greater sense of trepidation. To staunch the outflows and counter the inflationary effects of weak currency, Bank Indonesia raised its key interest rates by a cumulative 125 basis points since June. The rupiah’s troubles deepened on Tuesday as it slumped 3 percent to its weakest level against the dollar since April 2009. It has lost 16 percent since the start of the year. But, as BI most recently put up its key rates at an emergenc y me e t i ng on August 29, the majority of economists expect it to leave them unchanged at Thursday’s meeting, a Reuters survey showed. Howe ve r, g i ve n t he cha nces t hat t he Fed will roil markets further, several economists see the Indonesian central bank being forced to raise rates again. “We are expecting another 50 basis-point rate hike in the later BI meetings given our forecasts for a steeper inf lation trajectory in the coming months,” said Chua Hak Bin, economist at Bank of America Merrill Lynch in Singapore. India has been the country in the region most badly hit by the great rotation out of emerging markets by investors eyeing higher US Treasury yields, because, like Indonesia, Asia’s thirdlargest economy is running an unsustainable current account deficit, and its fiscal deficit is also worryingly high. Reluctant to raise interest rates that could exacerbate a worrying slowdown in economic growth and drive up the cost of government borrow ing, t he Reser ve Bank of India has taken the precaution of delaying its policy meeting until two days after the Fed meets, so it has a better idea what to do next while it’s rupee remains lodged near record lows. -- Reuters

B9

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on July 2013 AUCTION DATE: September 19, 2013 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon

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Swap... from page B5

needing P2.5 million to P10 million while the larger entities may seek funding amounting to P10 million to P35 million. Acceptance of project proposals started September 1. The deadline is on September 20. The DOF said the funds come from debt owed to Italy but “converted to finance development projects in the poorest provinces, municipalities, and communities in the Philippines” in a debt swap agreement between the two countries. Ambassador Massimo Roscigno of Italy said in a message that the agreement is a “new and exciting” program that “will finance projects targeting specifically: poverty reduction; Socio-economic development; environmental protection and sustainable management of natural resources.”

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Fun Page

10 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Clifford Santillan, E-mail: santillan.clifford@yahoo.com

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Sam Milby denies rumored friction with Jake Cuenca Sam Milby clarifies that he and Jake Cuenca don’t have any friction because of his courtship of Jessy Mendiola. Aside from the glamorous ensembles of the celebrities, what many probably look forward to seeing every year at the Star Magic Ball are the couples who would arrive and leave together as well as those who are on the outs with each other. Sam Milby and Jake Cuenca reportedly had some friction that night. Rumor has it that at some point during the cocktails held after the Star Magic Ball at Fairmont Hotel in Makati last September 7, Jake was reportedly seen eyeing Sam sharply while the latter was speaking with Jake’s

Maria Mercedes co-star, Jessy Mendiola. Jake’s reaction supposedly stemmed from the fact that Sam went overboard in shielding the Maria Mercedes star from other guys during the event, something which the singer-actor adamantly refuted during the story conference of Kimmy Dora 3: Ang Kyemeng Prequel held at Cerchio Restaurant on Tuesday. “Hindi, hindi ko naman gagawin yun. But everyone knows that I announced that I am making ligaw sa kanya... Ako as a guy courting a girl, I just want her to know my interest. Me being around her doesn’t mean na binakuran ko siya, it’s just that I want to be around her,” clarified Sam. He added, “There’s no issue

Daily

HOROSCOPE AQUARIUS (January 20 – February 18) -It’s a social day for you -- though your interactions may be largely online or otherwise non-traditional. Commune with people who share your beliefs, no matter where you happen to find them. PISCES (February 19 – March 20) - You can count on a little stroke of luck today -- maybe not enough to change your life, but certainly enough to bring a smile. Push it a little if you want to show off to that one special person! ARIES (March 21 – April 19) - You may say the wrong thing to the wrong person today -- but that doesn’t mean you’re doomed! In fact, a moment of insensitivity could be just what’s needed to break the ice. Don’t feel bad! TAURUS (April 20 – May 20) - You need to avoid the temptation to talk over the crowd today -though it may end up being too hard to resist! It’s hard to get people to take you seriously if you start preaching, though. GEMINI (May 21 – June 21) - You and your closest friend or romantic partner need to talk today -- and you should be on the same page! It’s a good time to reconnect or even to take your relationship to a whole new level. CANCER (June 22 – July 22) - You are feeling pulled in too many different directions today -- so try hard to find your center and stay there. Things are sure to get better, but first you’ve got to resist all this pressure.

between Jake and I. There’s no issue between any other guys. Yun lang.” A couple of weeks ago, he may have announced that he’s courting Jessy but now, Sam has opted to be tight-lipped as to the “progress” of his efforts. “You know I’ve already said what I needed to say. I’ve already admitted na nililigawan ko siya but in terms of other details it’s not really something that I can tell. Okay na, I’ve said na what I needed to say and people know na but that’s all that I can tell you,” he explained. “Yeah nililigawan ko siya and marami naming nanliligaw sa kanya.” Meanwhile, another thing that got the public buzzing about him

recently was why he arrived at the recently concluded gathering sans Jessy. To this, the Fil-American singer explained during an interview at the Star Magic Ball red carpet that it was a “mutual decision” for them to go solo for the event. Another thing that the press pointed out was that he and Jessy appeared to be both caught off guard by his admission of his plans to court the actress. “Well I was a bit caught off guard but when the question came up kasi,” Sam confessed. “Wala, I wanted to be honest naman. I think when sometimes people see us out, I want to be honest.” (abs-cbn showbiz news)

Mindanao Daily News’

GAMERS’ Treat

Social Section If you like to greet your friends or just wanted to have some text mates through our publications, just text this number : 09269919077 or you can message it to our FB Fan Page ( Mindanao Daily Fan Page ) -- Im luking for a txtm8.. 22-25 male .. (09361664915) -- hi.. gud mOrning MDN i’m hannie frOm purok 3.a gusa can u plush my #09053665631 b’coz i find ah. anest understanding & loving person *26-28yrsold* and also i just wanna great my K’BEKS * BETSY LANGGA”BOBY”JUNRY * thank you guys for always being thiere. .TNZ. .MDN. .MORE POWER AND GOD BLESS. --Helopohgudmwnin,huwntz2txtme.txtlng w8mefulyk,h2ngapla#q09361809709 tga bugo me ‘n cdo.

-- hello po sa inyo, ako po si Mavis Angela galing dito xa Cagayan de Oro City...Hanap ko lng po txtmate na girl (11-14 years old) yung mabait at friendly...I’m 12 years old nOw... Thank you po!!*^_^* at kung natanggap nyo ito, magtxt ka xa number ko na VAMPIRE GIRL... upang makilala kita na nagbabasa ng mga magazine. (09265647085)

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Easily the most anticipated game of the first quarter of 2013, the third title in the BioShock series follows after two of the most acclaimed and imaginative games on current-generation platforms: BioShock (96 on the 360) and BioShock 2 (88). Whereas the last game took place in an underwater city, Infinite (also a FPS) aims higher, with its action unfolding in an impressive mid-air metropolis (complete with a rollercoaster-like rail system) suspended by hot air balloons and blimps.

SUDOKU How to play the game? Fill in completely every rows, columns and diagonals of each puzzle without repitition

Yesterday’s

of the same digit.

LEO (July 23 – August 22) - Your terrific energy is making it all the more likely that you end up adventuring out in the world tonight. It’s a great day for checking in with good friends to see which of them has the best plans. VIRGO (August 23 – September 22) - You’ve got to let yourself respond to the day’s pressures without resisting too much -- unless you can see that you’re headed for disaster! You should be able to make great progress without even pushing. LIBRA (September 23 – October 22) - Your current projects need some attention, so make sure that you’re giving them your all. Things are looking up for you and your people, but only if you are willing to work a little harder. SCORPIO (October 23 – November 21) - Things are larger than they seem, and you need to take them more seriously. Don’t underestimate the importance of any one factor, as you need to make sure that everyone knows what’s what. SAGITTARIUS (November 22 – December 21) - Your inner sense of satisfaction is showing -people can sense your positive spirit and they most likely want to get closer. It’s a really good time for you to show what you are capable of. CAPRICORN (December 22 – January 19) - Your progress today is dependent on one thing: how willing you are to forget the rest of the world. Only if your subconscious mind runs the show can you tap into this amazing energy!

Amazing Facts! Did you KNOW?? .. When two lovebirds appear to be kissing, they are actually grooming each other with their bills to keep clean and neat.

CROSSWORD puzzle across 1. Japanese wrestling 5. European nation 11. On 12. Guns storage 13. Jargon 14. Greek letter 15. Pres. initials 16. Feminine pronoun 17. Energy 18. Diagram 19. Unit of length 21. School subject 22. Mr. Capone 24. Therefore 25. Argon’s symbol 26. Because 27. Join 29. Wavy knife 31. Big Flo Rida hit of 2008 32. Affirmative

33. Slice 36. Half an em 37. Atmosphere 38. Flower 39. Mild 41. Gorillas 42. Girl’s name 43. Nuisance DOWN 1. Body pouches 2. US state 3. Cash 4. Choose 5. Filled 6. Cover 7. Flightless bird 8. Create 9. List of mistakes 10. Insect stages 17. Expert 18. Mother

20. Inquire 21. Body scan 22. Claim 23. Richie of songs 25. Noah’s boat 28. Compass pt. 29. Asian peninsula 30. Range 32. Suffers 34. Applies 35. Exam 37. Negrito 38. Knock 40. Negative Yesterday’s


thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

B11

DTI to conduct study & review of PH’s cabotage law By ALLEN V. ESTABILLO, MindaNews

GENERAL Santos City – The Department of Trade and Industry (DTI) is set to launch a comprehensive study and review of the country’s cabotage law as it moves to improve the competitiveness of local industries, including tuna fishing and manufacturing. Trade Assistant Secretary Blesila Lantayona said on Friday the study will mainly focus on determining the “pros a nd cons” of t he proposed l i f t i ng of t he c abot a ge prov i sions of Republic Act 1937 or the Customs And Tariff Code of 1978 She specifically cited the law’s granting of exclusive rights to coastwise trade for Philippine-registered marine vessels. “We will be conducting consultations with various sectors to get the necessary inputs as to their experiences with the implementation of the law,” she said at the opening of the 15th National Tuna Congress trade exhibit

here. L a nt ay o n a s a i d t h e a ge nc y m ove d for t he conduct of the study after President Benigno S. Aquino III directed Congress in h i s s t ate - of-t he -nat ion address in July to revisit the provisions of the cabotage law. I n h i s a d d re s s , t he President said the move was aimed to “foster greater competition and to lower the cost of transportation for our agricultural sector and other industries.” In the 13th edition of the National Tuna Congress, the delegates passed a resolution “u rg i ng t he Ph i l ippi ne government to rationalize the cabotage provisions of Republic Act 1937 and other related issuances.” Congress delegates reiterated such move in their 14th gathering last year. The resolution, which was addressed to t he President, cited that the cabotage provisions have

contributed to the aging of the shipping industry’s fleet and triggered the prohibitive costs on fuel, insurance premiums and taxes that eventually resulted to high shipping and freight cost as well as inefficient passenger and cargo handling. It said shipping, freight and transportation costs const itute a sig nif ica nt portion of the operating costs of the fishing industry in terms of movements of its raw materials, production inputs and finished products. “ T here i s a ne ed to rationalize the cabotage provisions of the law and ot her related issua nces in order to improve the compe t it ivene s s of t he Philippine tuna industry and its allied industries,” it said. Joaquin Lu, president of the Socsksargen Federation of Fi s h i n g a nd A l l i e d Industries Inc. (SFFAII), explained that the cabotage prov isions have been hampering the movement of tuna products to various domestic markets.

“At present, the cost of shipping tuna to Manila is more ex pensive t ha n mov i ng t hem to ot her markets abroad like the United States,” he said. L a nt ay o n a s a i d t h e a genc y w i l l work w it h the tuna industry players, specifically the SFFAII, in their upcoming study. “If we find out in our study t hat t he cabotage l aw h a s b e e n a c t u a l l y blocking the progress of our industries, we will go to Congress to advance this cause,” she added. In late July, Cagayan de Oro Rep. Rufus Rodriguez filed House Bill 1789 to repeal and modify certain sections of the Tariff and Customs Code of the Philippines and the Domestic Shipping Development Act of 2004. To be k now n a s t he “Coastwide Trade Act of 2013,” the bill seeks to spur domestic tourism, increase port revenues and promote cost-competitiveness among shipping companies with the entry of foreign vessel operators.

DOE to conduct Multi Sectoral Advocacy on Downstream Oil Industry in CdeO By: Jasper Marie Oblina-Rucat

CAGAYAN DE ORO CITY, September 10 (PIA) -- The Department of Energy (DOE) t hrough its Oi l Industr y Management Bureau (OIMB) in collaboration with the Ph i l ip pi n e I n fo r m a t i on A g e n c y w i l l c o n du c t a Multi Sectoral Advocacy on Downstream Oil Industry on September 12, Thursday at the Dynasty Court Hotel here. A s p a r t o f O I M B ’s advocac y init iat ives, t he

Mu lt i-Sectora l Advocac y Campaign on Downstream Oi l I ndu st r y (DOI) wa s conceptualized in order to create and capacitate a critical mass of commu nicators/ med ia prac t it ioners t hat would serve as conduits in disseminating the benefits and developments in t he industry. In order to ma x imize the campaign, other DOI stakeholders are invited such

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Zamboanga City serves as the peninsula’s trade link to other Southeast Asian nations, and to the rest of the world. The por t’s closure is expected to further paralyze trade in the city as the Civil Aviation Authority of the Philippines (CAAP) extended the suspension of operation of the Zamboanga International Airport. Thir t y commercia l f lights were cancelled in yesterday’s operation, and passengers affected by flight cancellations were advised to contact their respective airlines carriers for f light schedules. Philippine Airlines (PAL) has cancelled a total of 33 flights to/from Zamboanga since September 9, affecting more than 2,500 passengers.

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the situation will normalize. However, Paculanan said this will still depend on the discretion of the bank’s management. Some of t he ZCBFA member-banks have opened for few hours Wednesday morning and accommodated some of the passbook holders, according to Paculanan. ZCBFA has a total of 58 memb er ba n k s a nd three lending institutions operating in this southern port city. Meanwhile, the Philippine Ports Authority (PPA) has suspended the operation of its port in Zamboanga. The agency blamed the shutdown of the Zamboanga City Baseport on the ongoing crisis. The Por t of Dapita n in Zamboanga del Norte however remains open. The Zamboanga Baseport has a total cargo throughput of 1.71 million metric tons, based on 2012 data. Of the total, domestic cargo reached 1.65 million metric tons and international cargo, 63,519. The port also handled 2.41 million domestic passengers last year. Zamboanga City Baseport is the main port of entry i n t he re g ion . A s t he region’s commercial center,

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As of this afternoon, “most” of the stores in the city are closed and only “a few,” including a Mercury Drug store, are open, the DTI said. The Philippine Ports Authority (PPA) also today announced that it suspended operations at the Zamboanga Baseload Port, the trading gateway for the Zamboanga peninsula. Banks in the city likewise shut their doors to the public.

as, Department of Trade and Industry-Bureau of Product S t a n d a rd s , D e p a r t m e nt of the Interior and Local Government-Bureau of Fire Protection, Local Government Units, Liqu id Pet roleu m Products (LPP) retailers and Liquef ied Petroleum Gas (LPG) dealers. The campaign was launched in Palawan and replicated in nine cities/ municipalities in 2012. Following the successful

conduct of these activities and the positive feedback it has created among the various stakeholders, DOE will replicate the same in Misamis Oriental. The topics to be discussed include the Overview on the Downstream Oil Industry, LPG Industr y Regulator y Framework, Retail Rules, Metrolog y and Basic Principles on the Sealing and Calibration of a Dispensing Pump. (JMOR/PIA10)

Mayor Maria Isabelle Climaco-Salazar has already “appealed to store owners to open tomorrow especially on areas affected” by the conflict, DTI said. Despite the work stoppage, the prices of basic necessities have “remained constant” while the supply is “adequate,” DTI-Zamboanga Peninsula director Rolando G. Acuna said in a report. Acuna will meet with the members of the local chapter of the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc (FFCCCII) tomorrow “to assess the inventory level of stores,” the DTI said. FFCCCII has also pledged to “not take advantage of the current situation,” the agency said. I n p a r t i c u l a r, t h e Philippine Chamber of Food Ma nu fac t u rers, ca n ned s a rd i ne s ma nu fac t u rer Columbus Seafoods, and Monde Nissin have been in close coordination with the DTI to ensure sufficient supply of food products in the affected areas as well as in evacuation centers, the agency said. Citing data from the Department of Social Welfare and Development (DSWD), about 1,008 families comprised of 4,2889 people have been displaced by the conflict and are now staying in six evacuation centers.--InterAksyon

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harvests are already ongoing, he said. Because of these mobile buying teams, the agency hit a record-breaking 300,000 bags during the first semester of the year, or about 120% of the target for the period. The agency buys at P17/ kg of palay. To ensure that the region will have enough rice for the second semester, the NFA’s central office has deposited about P442.5 million to buy 500,000 bags of palay. But, Mr. Bentulan also speculated that prices of rice in the local farms are going down as harvest is expected to peak this month. Mea nwhi le, t he Cit y Agriculturist Office said it is developing new farms for production of upland rice varieties to increase local production. Davao City’s farms are mostly planted w it h h ig h-v a lue c rops , specifically tropical fruits. C ou nc i lor L e ona rdo R. Avila III, former city a g r ic u lt u r ist , sa id t hat upla nd rice va riet ies, especially those organically grown, command higher prices in the local market. Su r plu s upl a nd r ic e p r o d u c e d , M r . Av i l a said, would eventually be exported.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011


Travel/Tourism B CdeO bags Best Booth Award at Phil Travel Mart Expo 12 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

EDITOR: Shaun Uy , e-mail: shaun_alejandrae_uy@yahoo.com

THE CAGAYAN de Oro city government booth won first place, in the city category, during the recently held Philippine Travel Mart at SM Mall of Asia on September 6-8, 2013. The booth, focusing the city’s white water rafting adventure as the country’s water rafting capital, drew attention as tourism destination in the country besting 100 other booths nationwide. It also showcased Mapawa Nature Park’s river trek and canyoneering adventure package which concept and design was executed by Roldan Yacapin and Gigi Casiño, a member of Tourism Council and of the Public Services Offices, respectively under the guidance of Ms. Dorothy Jean Pabayo, overall chairperson of the Cagayan de Oro Tourism Council. Personnel from the city tourism also served as receptionists at the booth. The booth, in partnership with private industries such as the Cagayan de Oro Travel and Tours (Cotta), Giya Amihanang Mindanaw Association (Gama), Cagayan de Oro Hotel and Restaurant Association (Cohara) and Oro Association of Rafters (Oar) offer tour packages, promotional materials, gears and promotional incentives to tourists during the three-day exhibit. Meanwhile, the City Tourism Council also thanked Cagayan de Oro City Mayor Oscar Moreno and Madam Arlene Moreno for the all out support including Ernie Pelaez of Mapawa Nature Park and the Oar for providing gears used at the booth.

thursday | september 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Showcasing the famous white water rafting adventure and the river trekking and canyoneering at the Mapawa Nature Park as Cagayan de Oro City’s major tourist attractions got the nod of the judges and catch the attention of the spectators as Cagayan de Oro City bested 100 booths nationwide by winning First Place in Best Booth Competition (city category) during the recently-concluded Philippine Travel Mart at the SM Mall of Asia. (CIO)


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