Volume IV, No. 7
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When the door of opportunity opens By Irene Joy B. Dayo
ACCORDING to Stephen Richards in his book Think Your Way to Success: Let Your Dreams Run Free, “You are essentially who you create yourself to be and all that occurs in your life is the result of your own making.” It implies that what one has become is a product of his self-motivation. The winning story of Daven Lloyd Rivera, a barista of one of the coffee shops here in Cagayan
de Oro City, is again a result of so-called self-motivation. He was a basketball player back in Cebu City. He loved the ball, the court and the hoops. However, when he came to CDO and was employed in a famous coffee shop, his center of interest changed. Coffee is where his curiosity dropped and, eventually, Daven decided to study about it. He was enrolled in Jamaican Food and Beverage Training Center,
a TESDA-accredited institution for aspiring baristas and bartenders. There, he learned a lot about the arts and science of coffee-brewing. He developed his skills he got from the training and became knowledgeable enough to become a member of Filipino Bartending Innovators (FBI). FBI is a group created for local junior bartenders in order to assemble and induce them to feature/PAGE 11
TOWNS 2013 Search kicks off
‘Find those jewels in M’dnao’ By Cheng Ordonez, Editor-in-Chief
THREE outstanding women of their respective fields of endeavor and themselves awardees of The Outstanding Women in the Nation’s Service (TOWNS) appealed to media during a press conference held on July 15, 2013, at Mallberry Suites, Cagayan de Oro, to help TOWNS Foundation, Inc. look for their kind here in Mindanao.
Dr. Aura Matias (right) with Dr. Ma. Victoria Abesamis (center) and Dr. Hilly Ann Quiaoit announce the opening of the TOWNS Search during a press conference on July 15, 2013, at the Mallberry Suites, Cagayan de Oro. photo by cio
DOH launches new vaccine in Caraga region By Nora L. Molde
Department of Health Assistant Secretary Enrique Tayag assisted by Butuan City Mayor Ferdinand M. Amante, Jr. and DOH Caraga Director Ariel Valencia, administering the initial dosage of Pneumoccocal Conjugate Vaccine to a child recipient in Butuan City. pna photo courtesy of doh
BUTUAN CITY -- The Department of Health launched recently the Pneumococcal Conjugate Vaccine (PCV) in Caraga region, the recipient of the drug in the country. “Caraga is very fortunate to be one of the first recipients of the PCV,” according to Dr. Ariel Valencia, Department of Health DOH/PAGE 11
Aura C. Matias, chair of TOWNS Search 2013 and dean of the University of the Philippines College of Engineering, Dr. Ma. Victoria Abesamis, chief of the Medical Professional Staff of East Avenue Medical Center and member of the TOWNS Search 2013 nomination committee, and Dr. Hilly Ann RoaQuiaoit, head of the Research and Social Outreach Program of Xavier University here in Cagayan de Oro announced the opening of the search and challenged individuals or groups to put up their nominees from Mindanao to the prestigious search. Dr. Matias said many of the
awardees came from the metropolis and “this year, we would like to be able to find them in the regions, particularly in the Visayas and Mindanao areas.” “Help us find those jewels here in Mindanao,” Matias told media practitioners during the press conference. Already, 149 TOWNS awardees have become automatic members of the TOWNS Foundation since it started in 1974, but only two have come from Mindanao and two from the Visayas while the rest were from Luzon and the metropolis. However, following the demise jewels/PAGE 11
Joblessness, sustaining growth top businessmen’s concerns (Conclusion)
THE Philippine economic growth has been confirmed by two of the three international debt watchers – Fitch Ratings and Standard & Poor’s. Both credit raters have upgraded the country’s investment ratings to the much-coveted investment grade status attesting to the government’s ability to pay back its debt. Fitch upgraded the Philippines’ long-term Foreign-currency issuer Default rating (IDR) to ‘BBB-’
from ‘BB+’. On the other hand, its long-term local-currency IDR has been raised to ‘BBB’ from ‘BBB-’ with stable outlook.
SPECIAL REPORT The agency has also upgraded the country ceiling to ‘BBB’ from ‘BBB-’ and the short-term foreigncurrency IDR to ‘F3’ from ‘B’. “The Philippines’ sovereign external balance sheet is considered strong relative to A range peers, let alone BB and BBB category
medians,” Fitch said in a statement, citing a persistent current account surplus underpinned by remittance inflows that helped the country obtain a net external creditor position. Fitch’s credit upgrade for the Philippines to investment grade status was announced in March this year while S & P promoted the country to an investment grade status last May 2. Moody’s Investors Service has not yet upgraded the country’s concerns/PAGE 11
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July 21-27, 2013
Smart leads Globe again in NTC’s Q2 service quality test
Wendy’s resumes expansion after two-year hiatus THE Philippine franchisee of US fast-food chain Wendy’s plans to add 16 more stores before the year ends. On the sidelines of the Franchise Asia Philippines 2013 International Conference on Wednesday, Wenphil Corp president Elizabeth Pardo-Orbeta told reporters that six new outlets are in the pipeline, with three
to be opened in the coming weeks. A Wendy’s store costs P15 million to put up, she said. Wenphil aims to end this year with 50 stores, up from 34 outlets at present, Pardo-Orbeta said. “We’re hoping to bring it back to the old numbers before we renegotiated our contracts Wendy’s/PAGE 10
Air fares loom as gov’t mulls ‘turnaround’ policy BUD GET airlines have warned of costlier fares if the government will implement a new turnaround time policy for domestic flights. “ We a r e s e e k i n g clarifications on that because the report I read was that meant for Cebu Pacific as a direct result of the accident and I think that was one of the
things that made conditional and it was going to be effective for Cebu Pacific. We haven’t gotten a notice that it affects us,” Mariane Hontiveros, chief executive of Philippines Air Asia said, referring to a Cebu Pacific aircraft that overshot the Davao International Airport last month. fares/PAGE 7
THE latest network quality tests conducted for the second quarter of the year by the National Telecommunications Commission shows once more the mobile phone network of Smart Communications, Inc. (Smart) outperforming competition, according to the company spokesperson. “Just as in the last quarter, Smart had a clear edge in all five parameters of the 2nd Quarter Quality of Service (QoS) Benchmarking tests of the NTC,” said Smart public affairs head, Ramon R. Isberto. Smart beat its competition in the Blocked Calls or Grade of Service (GoS) parameter, with only 1.26 percent of calls made on the Smart network not connecting successfully, versus 1.46 percent of Globe Telecom.
Smart had a Drop Call Rate (DCR) of only 1.07 percent - against the minimum 2 percent DCR s t an d ard . G l o b e a l s o had more dropped calls, again with 1.40 percent of incoming calls made on the Globe network terminating involuntarily. Smart also led in terms of Average Receive Signal Level, registering -65.52 dBm against Globe’s -71.45 dBm. This parameter
measures the signal strength provided by the serving cell site to the mobile handset of the subscriber while a conversation is ongoing, and results that are closer to 0 are considered better. Smart was also ahead in the Average Signal Quality categor y. Smar t scored 0.72 while Globe scored .91, against the minimum acceptable range of from 0 to 4, or the closer to 0, the better. This shows that
Smart had better voice quality transmission. Smart also outdid the competition in terms of Call Set Up Time, or the time it takes for a network to activate the called party. Smart met quality standards with a score of 11.12 seconds, versus Globe’s 12 seconds. The acceptable industry standard is below 14 seconds. “These numbers only validate what Smart subscribers experience, that of a mobile service that is clearly superior in terms of reliability, quality, and coverage. To us it’s a reminder to keep improving and strengthening our network even as we move to more advanced services like LTE or Long-Term Evolution,” Isberto said. Leads/PAGE 7
THE country’s Hall of Fame Most Outstanding Chamber of Commerce– the Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) will be conducting two forums this month of July in support of the celebration of the national science and technology week
under the auspices of the Department of Science and Technology (DOST). A ha lf-day le ar ning sessions aimed to enhance the knowledge and skills of member-enterprises were on Productivity Enhancement and Gain-sharing held on July 18, 2013, at the Oro Chamber-
PUM Conference Room, Pueblo de Oro Township. Another forum dubbed as Accounting for NonAccountants was held on July 19, 2013, at the same venue. T h e Ju l y 1 8 f or u m introduced DOLE’s new Program to counter the
annual wage increases— the Productivity Gain-sharing scheme while the July 19 activity was aimed to address the bookkeeping and financial management concerns of members especially those who received the DOST SETUP grants. supports/PAGE 10
Oro Chamber supports DOST S&T Week
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Rodriguez: Cha-Cha needed to prepare PHL for AEC 2015 By Bong D. Fabe
WITH less than two years to the economic integration of the 10 member-states of the Association of Southeast Asian Nations (ASEAN), the Philippines must do all it can to prepare or “be left behind” in a single-market regional economy starting in 2015. And one way of preparing the Philippines is to amend the economic provisions of the 1987 Constitution, especially its so-called “protectionist clause”—Article XII—that limits foreign ownership of property, etc. to just 40 percent, said Rep. Rufus
Rodriguez (2nd District, Cagayan de Oro City). “We have to amend the Constitution if we are to compete in the ASEAN Economic Community (AEC) in 2015,” he told the Business Mirror by mobile phone. Once amended, it will
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“open all sectors of the economy to foreign investors,” he said. Rodriguez explained that by that time, foreign direct investments (FDIs) will pour, especially since the Philippines have so much investment opportunities in manufacturing, real estate, agriculture, infrastructure, retail, and tourism, among others. “If we are not prepared and if our Constitution still limits foreign ownership and investments, then we will surely be overtaken by our neighbors which are emerging investment havens like Cambodia, Vietnam or even Myanmar,” he warned. By 2015, ASEAN will have a single market and production base, opening the freer flow of abor, investments and capital as as free trade between the 10 memberstates will start. And many analysts are saying that the Philippines is not yet ready for this economic integration because not all membercountries are on the same economic level. “The ASEAN Economic Community shall be the goal of regional economic integration by 2015. AEC envisages the following key characteristics: (a) a single
ALVIN BENASA Vice President
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Turnover of Project in Agusan - Rep. Rufus B. Rodriguez, 2nd District, Cagayan de Oro Cty, leads the cutting of the ribbon in a turnover ceremony of the road concreting project at City Sambalawan, Barangay Agusan that costs P3 million. Also in photo are Cong. Maxie Rodriguez Jr. of Abante Midnanao Party List, City Councilors Enrico Salcedo, Teodulfo Lao, DPWH ADE Cesar Hipona, Barangay Officials and the barangay residents.
sourcing; and enhancing private sector involvement for the building of the AEC. In short, the AEC will transform ASEAN into a region with free movement of goods, services, investment, skilled labour, and freer flow of capital,” the ASEAN website said. Rodriguez and his you nge r brot h e r, R e p. Maximo Rodriguez Jr. of the Abante Mindanao (ABAMIN) partylist filed late last week a bill proposing a constitutional convention (Con-Con) to revise both the political and economic provisions of the Constitution. But more than the political provisions—which the elder
market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy. The AEC areas of cooperation include human resources development and capacity building; recognition of professional qualifications; clos er consu lt at ion on macroeconomic and financial policies; trade financing measures; enhanced infrastructure and communications connectivity; development of electronic transactions through e-ASEAN; integrating industries across the region to promote regional
JULIUS DULFO Treasurer
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Rodriguez said also needs am e n d i ng b e c au s e t h e country’s economy, especially Mindanao’s, is tied to the current political system— amending the economic provisions is “more urgent” because “we are constraint of time before AEC 2015.” “We have to finish dancing the Economic Cha-cha next year so we can have time for the ASEAN Economic Community in 2015, during w h i ch t i me t he e nt i re ASEAN region will be one big common market and investment area,” he said. Rodriguez, president of the Centrist Democratic Party (CDP), urged his colleagues Rodriguez/PAGE 10
HENRY CAY-AS Director, Membership
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LUIGI SARRAGA President-Elect
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Candidates for Ms. CdeO meet the press in new ways By Remee Monique O. Espiritu
CAGAYAN de Oro City is starting to get into its celebratory mood as the city fiesta draws near, and the competition for the most elegant and talented woman of CDO is one of the highlights of the annual celebration. The Search for Ms. CdeO recently had their public presentation last Saturday, July 13, at Limketkai activity center, where 12 candidates were introduced to the press and the public. The candidates, ages 1823, were mostly students, except for two, who are already working. This is the first time that a civic organization acts as the organizer, which is the
JCI’s Bai Lawanen chapter in CDO. However, the city government is still behind it. M s . G e a n Tu l a n g Ceasar, Bai Lawane project chairperson of Ms. CdeO, said the government can hardly focus and give time on the said event because of the changes in following the setting in of a new administration. Another first of the
Ms. C deO comp etition was the presentation of the candidates in public venue. In the past, presentations of the candidates were made in private places, like hotel conference rooms. This year the y were presented at Lim Ket Kai’s Rotunda, and later on moved to an area where a cocktail was prepared and where The candidates after taking their walk down the catwalk. each candidate had a table, where media practitioners the candidates,” says Ms. T h i s n e w w a y o f for the Ms. CdeO winner can approach and talk to Ceasar, in describing the presenting the candidates is tourism-related, and for them to help in deciding new venture in the search. was also meant to protect the national representations, who will be the “Darling of In the past, the press candidates from being hurled including trip within Asia, the Press.” presentations, Ms. Ceasar with personal questions where the crowned Ms. CdeO “We wante d a more says, were mostly about Q&A through the microphone. will be promoting the city personal interaction with forum and limited. The organization’s goal for global competitiveness.
Weight for it: Dubai rewards losers with gold SHEDDING weight in Dubai is being rewarded in gold under a new initiative by the municipality of the Gulf emirate aimed at fighting obesity, local newspapers reported on Wednesday. Free Iftar meals are laid out for Muslim workers to break their fast during Ramadan in Dubai, on July 15, 2013. Shedding weight in Dubai is being rewarded in gold under a new initiative by the municipality of the Gulf emirate aimed at fighting obesity, local newspapers reported. “Your Weight in Gold” is the title of a campaign promising one gramme of gold for every kilo shed, provided a minimum of two kilos (4.6 pounds) of weight are lost by August 16.
KUMBIRA 2013 sets eye on home-grown brands By Baba Pelaez
Free Iftar meals are laid out for Muslim workers to break their fast during Ramadan in Dubai, on July 15, 2013. Shedding weight in Dubai is being rewarded in gold under a new initiative by the municipality of the Gulf emirate aimed at fighting obesity, local newspapers reported.
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KUMBIRA, the longest running culinary show in the Philippines, will once again take place on August 14, 15 and 16, at the Limketkai Mall Atrium. Foodies, hotel apprentices, HRM students, and chefs will get together for three days to learn, compete, and simply enjoy the displays and exhibitions. This festival has been organized by the Cagayan de Oro Hotel and Restaurant Association, better known as COHARA, throughout the years in cooperation and support of the Department of Tourism Region 10, through Regional Director Catalino E. Chan III. COHARA is the very dynamic and cohesive group of Cagayan de Oro hoteliers and restaurateurs, headed by its president, Ms. Nelia Lee of Dynasty Court Hotel. Cagayan de Oro is home to some of the country’s most prominent food brands. We are known for our ham, pastel, pastillas, casuy to name a few. Now on its 17th year, KUMBIRA aims to highlight this year’s theme: “Negosyo Kulinarya – Building Home- Grown Brands.” Cagayan de Oro’s local brand leaders will be sharing their expertise on franchising, entrepreneurship, and marketing. Competitions will also center on building the entrepreneurial spirit in the culinary industry. International and local masters of the industry will conduct seminars and will also judge the competitions during the three-day festival. Among these are Chef Norbert Gandler (Executive Director for Culinary Arts-ISCAHM/ Owner, Aubergine Restaurant), Chef Alejandro “Sandy” Daza (Chef/Columnist Philippine Daily Inquirer), Chef Robby Goco (Owner-Cyma Greek Restaurant), Chef Penk Tan (Owner-Pastry Bin), Ms. Gina Navarro (Food Stylist/ Owner-Estrel’s Caramel Cakes), Chef Eduardo Tuazon (Executive Chef-Marco Polo, Davao), Chef Sau del Rosario (Executive Chef-F1 Hotel), Ms. Michaela Fenix Macabenta (Food Writer), Chef Colin Mackay (Chef/Owner-Sala Bistro/ Peoples’ Palace), Chef Raul Ramos (Restaurant 9501), Chef Dietmar Dietrich (Executive Corporate Chef-Belcirs Foods), Ms. Eleanor Nilo (Executive Housekeeper-Heritage Hotel), Chef Josefina “Jessie” Sincioco (Chef Patron-Chef Jessie Rockwell Club), Chef Jill Sandique (Chef/Lead Trainor & Program Director, U.S. DA), Ms. Maricris Encarnacion (Editor-Where at Cebu Magazine), Chef Jackie Ang Po (Chef/ Owner-Fleur de Lys) and Chef Myrna Segismundo (VPManaging Director-Restaurant 9501/Overall Chairperson – National Food Showdown). As a prelude to KUMBIRA, COHARA recently launched the Sinuglaw Festival. This festival aims to highlight and promote the “sinug-ba and kinilaw” as a truly Kagay-anon dish that uses indigenous ingredients, like tabon-tabon, which distinguishes it from other regional offerings. The Sinuglaw Festival runs from July 1 to August 31. A 10% discount on every order of “sinuglaw” is being offered by participating COHARA member-establishments. Among these are: Apple Tree Resort & Hotel, Bigby’s Café, Barkadahan Grill, Cagayan River View Inn, Casa Crystalla/ Mom’s Corner, Chali Beach Resort and Conference Center, De Luxe Hotel, Dynasty Court Hotel, Hotel Conchita, Hotel Koresco, Kagay-anon Restaurant, La Ilongga Restaurant, Miami Inn, N Hotel, Seda Centrio Hotel, Southwinds Hotel, Thai Me Up/Fil Me Up Restaurant, The VIP Hotel and Xavier Sports and Country Club. So while there are two months to eat all the Sinuglaw, remember this is just an appetizer to the main course. So, make sure to mark the calendar and block the dates, so as not to miss this sumptuous event.
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Giant ocean sunfish drifts ashore, dies AN OCEAN Sunfish, also known as “Mola mola,” beached on the shores of Barangay Macabalan here Fr i d ay d aw n, st ar t l ing residents who were awed by its sheer size and the noise it made. The fish, weighing at least 200 kilos and measuring about seven feet long, died hours after it was found by Macabalan resident Alcer Padera. Officials said the fish “got stressed when curious people started gathering to see it.” Miguelito Lim, of the Bureau of Fisheries and Aquatic Resources’ (BFAR) Fishery Law Enforcement Quick Response team, said Padera narrated to him that he was roused from sleep
at around 2 a.m. Friday after hearing something big crashing against his house along the Macabalan shoreline. “When he took out his flashlight, he saw that it was a big fish,” Lim narrated Padera’s account. Lim said the fish made loud noises at it slammed on the wooden stilts of Padera’s house, rousing his neighbors also. He said Padera and his neighbors even tried to bring the big fish to the deeper portion of the shore to allow it to swim back to the sea. “Padera told us they tried to bring the fish twice to the deeper portion but the fish kept going back under his house,” Lim said. Lim said by the time they
arrived at the site at around 7 a.m., the fish has already died. Teodoro Bacolod Jr., head of BFAR’s Fisheries Inspection and Quarantine Services, said the Ocean Sunfish, which is the “heaviest known bony fish in the world,” might have been “disoriented” when it strayed to the shores of Macabalan. He s ai d t h e f i s h i s commonly found in the deeper portion of the tropical waters in Central Philippines. “It might have been a change in t he water temperature because of climate change. There are so many factors that could have disoriented the fish to stray,” Bacolod said, adding the fish died “because of stress when people started to gather and ashore/PAGE 10
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Employees of the Bureau of Fisheries and Aquatic Resources are awed by the size of the Ocean Sunfish or Mola-mola that was brought to their office after the fish drifted ashore and later died in Barangay Macabalan, Cagayan de Oro City, on Friday July 19, 2013. mindanews photo by froilan gallardo
DENR bats for coastal ecotourism Giant sea turtle Surigao Sur environmentalist as ‘win-win’ development strategy tests coastal fears for life; says mining, T H E D e p a r t m e n t o f According to DENR villagers’ concern Environment and Natural Secretary Ramon J.P. Paje, the for environment logging and politics behind threats Resources (DENR) is pushing for ecotourism in coastal areas as a potential “winwin strategy” for sustainable development of the country’s rich marine resources and the millions of people who rely on them for food and livelihood.
concept of ecotourism takes advantage of the abundant natural and human resources the Philippines is endowed with. Paje said coastal ecotourism is the most DENR/PAGE 10
Puerto Princesa residents urged to plant 80-T trees in forest feast PUERTO PRINCESA CITY – Mayor Lucilo Bayron of this “city in the forest” is personally inviting residents to actively join again this year’s holding of the mass planting program Pista Y Ang Kagueban (Feast of the Forest) on July 27 in Barangay Irawan. Though it suffered a delay in preparations, Bayron
said the Pista is ready to troop to the mountains of Sitio Impapay, Barangay Irawan on the said date for the mass planting of some 80,000 assorted saplings of fast growing trees. “Once again, we are inviting residents of this city, as well as the friends of the forests from other places, to feast/PAGE 10
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LEGAZPI CITY – Had the coastal villagers not known its importance to the ecosystem amid climate change, this huge turtle could have been a sumptuous meal item on the poor man’s table. But the way the local folk – from the person who found the sea creature to those who have come to witness its eggs – have exercised the necessary care and diligence so as not to endanger some 100 eggs buried in the sand on the shorelines of Barangay Rawis where the turtle was found at 8 p.m. on Sunday. “ T h i s o n e e v e nt i s historical and a first-ever documented laying of eggs by a giant leatherback turtle in the Philippines, hence, it tests/PAGE 10
SURIGAO CITY—“My life is now becoming harder,” said Chito Trillanes, who for two months now has been hiding in different safe houses afraid that he would be killed.
Tr i l l a n e s i s t h e spokesperson of the Social Action Center (SAC) in the Vicariate of CarrascalCantilan-Madrid-CarmenLanuza and Parang Zone (CarCanMadCarLanPar) in Surigao del Sur. As the SAC spokesperson, he’s been leading the campaign against destructive mining and logging in their area. He believed that leading the campaign earned him the ire of powerful businessmen and politicians in the province. In the last elections, Trillanes rallied behind several politicians who have
the same advocacy with the SAC. “This advocacy contributed to the victory of anti-mining advocate candidates like Cantilan Mayor Genito Guardo,” he said. “Suko kayo sila kay napildi man ang ilang mga pro-mining bet (They’re very angry because their promining bets lost during the elections),” Trillanes told MindaNews on the phone Friday. Trillanes said he has no police or military escort to provide him security.
On Friday, the Philippine Misereor Partnership, Inc. issued a statement saying that on May 24, Trillanes’s mother was awakened by a suspicious noise at their house in Cantilan, Surigao del Sur. When she turned on the light at their veranda, she saw two bonnet-wearing men who rushed to a parked motorcycle and hastily left, it added. Two months before that happened, Trillanes said he had received information that an influential personality in the province allegedly wants him liquidated. While he did not give a name, Trillanes said that person “is involved in mining, logging and politics.” threats/PAGE 10
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July 21-27, 2013
A Financial System You Can Bank On
A Smart Thief
T
THINK
hink a minute…Did you know there’s a thief trying A Minute to break into your home every By Jhan Tiafau Hurst day to steal your most valuable possessions? But what’s most amazing is you and I open the door to let him in! You see, what makes this thief so smart is that he knows even better than we do what our most valuable possessions are. So while you and I are busy protecting our money, house, and car; while we’re guarding our title, status, and position of respect; this thief is stealing from us our much more valuable possessions. He’s stealing our peace of mind and happiness, as well as our honesty and good character. He’s taking away our marriage and children. Yet we don’t even know we’ve been robbed! So when did we open the door to let this thief in to our lives? What’s his name? His name is Fear…Fear of what other people think. And you and I let him rob us when we start surrendering to the pressure of pleasing other people. When we’re afraid that other people won’t like or accept us. So after work, instead of going home to our family and being good, loving parents who spend time with our children, we go out drinking trying to impress our peers and fellow workers. You and I let fear in when we don’t stand up for what’s right and true, because we’ll do whatever will make us liked and get us what we want. We’ll lie, cheat, even sacrifice our marriage and children, just to get us what we think will satisfy us. This smart thief gets us to believe that doing all these things to be liked or rich will finally make us happy. While all the time he’s stealing from us our most valuable things in life! Our only possessions of any real worth. Hurst/PAGE 7
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any factors play in the success of an economy and one of these is the presence of a sound financial system. In the Philippines, the financial system is composed of banks and non-bank financial intermediaries that channel the savings of households, firms or governments into loans and investments. At any given time, there will be those with excess funds and those who are short of and in need of funds. What the financial system does is that it acts as a go-between between suppliers of funds and users of funds so that these resources can be used more productively and in the process help grow our economy. The Bangko Sentral plays a very important role as the supervisor and regulator of all banks and non-bank financial institutions with quasi-banking functions. The Bangko Sentral ensures the soundness and stability of the system through efficient and effective supervision and examination. The BSP ensures that management of banks pass the “fit and proper” test, that they adhere to strict good governance and that at all times bankers discharge their fiduciary responsibilities which require high standards of integrity and performance. The BSP also requires banks to maintain a healthy and adequate capitalization, not just to service the needs
SPEAKING
of their client but also to be able to withstand unforeseen O ut shocks, whether external or By Ignacio Bunye internal. Capital Adequacy Ratio or CAR has thus become a very good indicator of the banking system’s resiliency. CAR has breached 17 pct and is expected to go higher as the BSP presses early compliance with Basel III capitalization requirements by January 2014. Banks in general have shown increasing trends both in deposit generation and in lending. These are indicative of the steadily growing confidence of the general public in the formal banking system. As a measure of bank’s lending standards, non-performing loans have also dropped to record lows. The BSP is not just a regulator and supervisor of banks. The BSP is also very active in advancing its advocacy of inclusive finance and consumer protection. The BSP is mindful that while deposits have indeed bunye/PAGE 7
Advanced Directives: Should We or Should We Not
I
n one of the case conferences that I attended, I overheard a group of Clinical Clerks discussing one of their patients, who is terminally ill. The one in charge of this particular patient was preparing the clinical summary just in case her patient dies. A member of her team was teasing her, why so early a summary, just because her patient has a DO NOT RESUSCITATE ORDER? I was struck by her answer: I want to facilitate the release of my patient in order not to delay further the family. Whew! I salute this incoming member of the Medical Community. In our country, being a tightly knit family and all, with that embedded culture of BAHALA NA system, we oftentimes forget to prepare for the eventuality of our mortality. Most, if not all, would not even wish to discuss it, as if, to do so, is an invitation. But, we all will go that way. It is alright if we die of natural causes like old age, but, where, a chronic illness hits us or the Big C, that can make us candidates to become terminally ill, it is added knowledge to understand and know what a DNR ( Do Not Resuscitate ) or an Advanced Directive is. A DNR is just a type of an Advanced Directive, wherein the patient makes his/her wishes known to his/her family, friends and the Medical Staff. I have been witness to patients going into a Cardiac Arrest or, patients who become comatose, or sometimes termed as basket cases, wherein life is being sustained by mechanical ventilators, and tubing everywhere. You can feel the pain and stress of the family and friends who watch a loved one in this condition. It
O
HEALTH
would be worth it, though, if the patient will come off I n Focus it, better. But studies have By Dr. Mary Jean Loreche shown that survival rate once a patient undergoes resuscitation is in the 6-15%, in a hospital setting. This becomes worse for patients with chronic illnesses, and those with malignancies. To resuscitate or not, is actually a very difficult and touché issue , that we oftentimes shy away from discussing it. But, I believe that it is always good to understand the basics of an Advanced Directive or a DO NOT RESUSCITATE. There must be a balance between quality of life and quality of death. An Advanced Directive is but a wish list, that a patient would want done or not done to him/her. It contains his/her desire as to the extent of medical attendance to his/her needs like, being attached to a mechanical ventilator, whether an endotracheal intubation is preformed, defibrillation done when the heart stops, medications that will be given or withheld. A DNR on one hand is written as an order by the Attending Doctor, as per instruction of the patient or the family. This is written down in the chart. Just like an advanced directive, it also mentions what loreche/PAGE 7
Charter Change... Anyone???.
ther than the congressmen who now want to extend term limits? The handwriting is on the wall – not a week into the bill filed by no less the House speaker and already there are signs of opening the constitution to all sorts of changes. It is not necessarily about the economic provisions any longer but the self-serving political provisions to install with permanency our deserved congressmen. As for the seeming acceptable economic provision to allow foreigners to own land, this may be a hoax all considering. Rene Azurin (columnist Business World) clearly points out our neighbors who enjoy significantly higher FDI’s than our country likewise have restrictive provisions in their constitution to disallow foreign ownership of land and 100% ownership into specific industries. While I personally adhere to opening the industry of media and education just maybe there is reason in the seeming madness our constitutionalist in ’87 inserted these so called nationalistic provisions to restrict. Then again, do you remember ever ratifying the Cory constitution? If I remember correctly the revolutionary powers of the president by then was already over-subscribed. The past three administrations and possibly even Pnoy have tried to cha-cha to the beat but was not in sync with the people. Then again does any administration even follow the
SUPER
rhythm of the beat? S h ou l d t h e s o c a l l e d B randing political will and the much By Harry Tambuatco publicized political capital of Pnoy prevail; can it actually push for a charter change against the will of the people? The answer possibly is yes, considering they have already achieved the impossible with the comelec (with the last election), the Supreme Court and the dis-regard of the constitution and getting away with it. This is what we call absolute authority in our democratic autocracy. An autocracy is a system of government in which a supreme power is concentrated in the hands of one person, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control. Should the economic provisions cited be the real issue and culprit of the poor deliveries of FDI’s, I don’t see why or how the cha cha will resolve anything by opening the charter for mitigation. There are obvious reasons FDI’s are retardant; just look tambuatco/PAGE 7
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Special Report
BusinessWeek M I N DA N AO
July 21-27, 2013
K-12 mother-tongue rule to test teachers in Basic Ed A COMPONENT in the government’s K-12 program is giving educators from the Visayas and Mindanao headaches. Incidentally, it is that which teachers are supposed to be already good enough at – use of the local language or dialect. “How are we expected to teach in the mother tongue when we, here in Cebu, don’t even have a standard in Bisaya?” posed Aurelio Vilbar, a faculty member of the University of the Philippines (UP) Cebu College, echoing what he said were sentiments common among fellow educators. And it is something that needs to be addressed, particularly in the Visayas and Mindanao, where the local languages are as diverse as the people, added Rev. Fr. Enrico Peter Silab, OAR. “The Cebuano will speak Sugbuanon, the Ilongo their Hiligaynon, and those from Tacloban and Samar will speak their Waray-waray. In Mindanao, there are the Danao languages of the Maranaw and the Maguindanaon, the Bahasa Sug of the Tausug, and the various languages of the indigenous communities like the Blaan, the Tboli, the Manobos and the Teduray among others,” he said. Vilbar, together with Dr. Edizon Fermin of the Philippine Association for Language Teaching (PALT), were among the facilitators of a three-day workshop attended by some 300 educators from the Visayas and Mindanao, at the University of San Jose-Recoletos (USJ-R) last July 13. The training, organized by the Catholic Educators Association of the Philippines (CEAP), centered on the use of the mother tongue – defined as “the first language learned by a child” and mandated as a “learning resource” under Republic Act 10533, which is colloquially referred to as the K-12 law – in teaching Basic Education. Land of many languages Silab, who is the president of USJ-R, the regional head of CEAP in the Visayas and who sits as vice president for CEAP at the national level, cited the need for educators, particularly Catholic
educators, to support each other for capacity-building in the use of the mother tongue and to remain aligned with government goals. “In CEAP, we speak the same language, the language of a Catholic education that affects positively the lives of people,” he said. USJ-R is hosting a three-day national gathering of Catholic educators and educators belonging to non-CEAP member schools on September 25 to further discuss K-12 related issues. Vilbar, on the other hand, is urging the academe and media houses, particularly those running publications in the Visayas and Mindanao that are in the mother tongue, to sit down and jointly develop or agree on a standard, adding that this is also one way for the conservation of the local language. He spoke of a short story in English that were translated separately. One had the word “sibsiban” and the other has “balilihan”, both of which pupils could not readily understand. If expressed in English, both terms denote pasture or grazing land. One challenge, cited a workshop participant from Mindanao, is that very little government resource has been allocated for the development of language other than that of the currently Tagalog-heavy Filipino, leading other languages Vilbar said this can be addressed by the intervention of private entities, like the media houses, because they have traditionally served the role as conservator of language, broadcasting or publishing the way they do in the mother tongue. The greater challenge is resistance from educators, he maintained. “Most Cebuano prefer English”, Vilbar told participants, because it is the “language of aspiration” among Filipinos and
Fares...
source said, adding that the new policy would hit carriers where it hurts -- in their pockets. “If you raised the ticket price, the growth of the industry will be affected,” he said, pointing out that only five million out of the country’s 92 million population travel by air five to six times a year. Data from the Civil Aeronautics Board (CAB) show that the number of domestic passengers rose by 9.6 percent to 20.56 million last year from 18.77 million in 2011.
from page 2
John C. Andrews, deputy director general of the Civil Aviation Authority of the Philippines (CAAP), said the new turnaround time policy of 45 minutes -- up from the existing 25 minutes -- will take effect on July 31 for Cebu Pacific and on October 1 for other carriers. The new policy should have taken effect July 17, but Cebu Pacific requested a deferral to calibrate their flight schedules. Hont iveros s aid t he 45-minute turnaround policy affects the budget airlines’ operations. “Our public will have to bear the additional costs and I really like to know what is the reason for it,” she said. An airline executive who requested anonymity said the new policy is not “feasible” for budget carriers. “It’s their lifeline. The endeavor of airline is to cut short the ground time and block time as much as possible to be able to optimize the utilization of the aircraft because that’s the economics of airline operation lies,” the
Leads... from page 2
LT E p i o n e e r S m a r t continues to have the widest LTE coverage in the country, with subscribers enjoying the world’s fastest mobile broadband in over a hundred cities and municipalities, and in close to a thousand establishments. Smart’s parent company, PLDT, has over 71.7 million cellular subscribers under the wireless brands Smart, Talk ‘N Text, and Sun Cellular, as of end-March 2013. PLDT
“those who are proficient enjoy a certain kind of status” among their peers. “Basta maayo mo English, bright dayun,” he said. Likewise, he added, teachers prefer using English in the belief that children “are more comfortable” with it, particularly those who have middle class parents. Not exactly true A survey done in randomly selected schools in Cebu City – done as part of a nationwide study – showed, among other things, that teachers of social sciences here use English in teaching Philippine history and that they were more comfortable with that medium of instruction than they were using Filipino. “However, we tested in what areas a child have higher grades. Mas dako siya ug score sa Filipino. If teachers taught that in Filipino, mas sayun siguro para sa estudyante. The problem is the attitude of the teacher,” Vilbar stressed. Thus, he pointed out, the impression that most children are more comfortable with English as a medium of instruction, isn’t exactly true. “Matod pa sa usa ka bata ‘sa among eskuylahan, dili ko kasabot sa akong maestro; sigi man gud siya og English nya dili man mi mag English sa balay’. And many Filipinos are like this. Maybe, they are not used to that, because they are in the public schools. Gamay ra ang dato, kasagaran g’yud sa atong mga Pilipino pobre,” he maintained. The high attrition rate among grade 1 pupils is partly due, Vilbar argued, to the erroneous belief that children learn better with English. “One of the reasons is the teacher’s English, the intimidating English. To some kids, makahadlok g’yud ang English,” he maintained. Findings Vilbar cited the paradox in the 2003-2004 National Achievement Test results, where kids in Cebu City scored high in math but low in English.
has the largest and most pervasive cellular network infrastructure in the country, providing wireless coverage to over 99% of the population.
Hurst... from page 6
But you can decide right now to once and for all stop this thief. Today you can close and lock the door to fear—fear of what other people think—by opening the door of your heart to Jesus Christ. Then, He can come in to start leading your life and protecting your real wealth. It’s only when you ask Him to take full charge of your heart and way of living everyday that you can start enjoying the life of success and peace of mind you want. That’s when Jesus will get back for you what the fear of others’ opinions took away. Just Think a Minute…
Bunye... from page 6
grown, there are still many out there, especially in the countryside, who belong to the so-called “un-served” or “underserved”.
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YO U R L O C A L B U S I N E S S PA P E R
Tents from the United Nations Children’s Fund (UNICEF) serve as temporary “learning spaces” at Cabinuangan Central Elementary School. Some of the province’s schools were destroyed when super typhoon Pablo hit New Bataan, Compostela Valley on December 4, 2012. Teachers are reportedly being challenged by the K-12 mothertoungue rule in basic education. mindanews photo by ruby thursday more
Since the Department of Education (DepEd) currently follow a bilingual education policy, he said, where math is taught in English, the result should have shown a correspondingly low score in math, given how children were deficient in the language used in teaching math. “What could the reason for this be? The teacher did not use English in math but the mother tongue. Since the teacher is violating the DepEd law, congratulations kay mas effective man sad kay masabtan man ug i-Binisaya,” Vilbar argued. He cited an experiment carried out in a school in Lahug, Cebu City. A class with students who were generally described to be poorly performing in academic assessments were taught using the mother tongue and, after a predetermined time, were assessed to now be performing better than the pilot class. “After two years, the study has proven that the students taught with the mother tongue as the medium of instruction has still excelled than those who were not,” he pointed out. Spiral progression Under the government’s K-12 program, children in grade 1 will be taught exclusively in the mother
tongue. In grade two, the mother tongue is still predominantly used, with Filipino words slowly getting introduced into the vocabulary. In grade three, where science, math, reading and languages will be introduced, the mother tongue is still predominantly used, though the medium of instruction for social studies will be Filipino, to introduce the concept of national identity. Grade three in K-12 is crucial because it is also here were English is introduced. In the fourth grade, English becomes the medium of instruction for science and math in parallel with the now budding cognitive development of the child. “Our brain needs 5-10 years to learn academic English. We must be train with the mother tongue from 4-5 years first to make our brain be ready to learn another language which is English,” Vilbar said. “What will then happen to child having English as their language at home, given they must be using the mother tongue at school? They could just adapt, since the Cebuano counting language, for example, is multi-lingual,” he added. This continues until high school, until the 10th grade,
where other languages can be offered. “You can offer a language that is marketable in your perspective. In UP, we offer Arabic. Through offering these, we are into the idea of peace process, understanding people better,” Vilbar narrated. Dr. Fermin, for his part, stressed that teaching this way awakens the enthusiasm of children to learn other languages, rather than intimidate them. “Study skill is a general term for techniques and strategies that help a person read or listen for specific purposes with the intent to remember. Domains of literacy are taught first through mother tongue, after which the domains of literacy are taught in the second language then to the third language. Therefore, students now can understand in three languages. Shifting to reading in second language can be taught through experience or oral language and or printed symbols,” he said. “Students who are literate in the first language should be able to carry their knowledge and skills to reading in the second language provided that they are adequately exposed to the second language and they motivated to acquire it,” he added.
platforms ever six years, a ver y poor judiciar y, corruption, need I go on? It seems we cannot even govern ourselves with discipline not being a virtue of the people. Sure we need to be optimistic and all the half glass full of water connotations but in the final analysis what we don’t have is redress… meaning a poor judicial system that takes endless decades for any resolution. The last survey with the PNP taking the “most corrupt” award has to be wrong… it has to be the judiciary (but it need not from page 6 be necessarily corrupted, should be or should not be from page 6 just inefficient – but how done to the patient, should at our high cost of can it be inefficient if not the patient go into cardiac or power, erratic political corrupted?.
To reach out to them, BSP teams regularly go out to the fields teaching financial literacy. A good many of those who attend the financial literacy programs are OFW families. Of late, the BSP has partnered with the Department of Education to incorporate financial literacy lessons in core academic subjects. The BSP’s message: Learn to distinguish between your wants and needs. Spend for your needs but postpone spending for your wants. Make it a habit to save what you don’t spend. Better still, make it a habit to save in banks.
Loreche...
respiratory arrest. In both instances, basic medical care like the giving of oxygen is not denied the patient. It i s i m p o r t a n t t o discuss these matters with their Clinician, in order to appreciate the medical condition of their patient, what to expect and the
prognosis, in order for them to arrive at an informed decision. It eases the burden on the family in making that crucial decision with regards the continuance or discontinuance of certain treatment modalities for their terminally ill patients. A maj or considerat ion would be, if the benefits far outweigh the burden, and if the intervention can improve the quality of living of the patient. But more than the unburdening the family, is the very thought, that the patient is spared from the unnecessary pain and suffering. For to die with dignity is as much of a right as well as a gift.
Tambuatco...
BusinessWeek Travel/Tourism 8 M I N DA N AO
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July 21-27, 2013
Tourism Industry welcomes Tune Hotel opening in CdO By Mike Baños
OFFICIALS of the tourism industry in Cagayan de Oro and Northern Mindanao have rolled out the red carpet for the entry of Tune Hotel Cagayan de Oro with its soft opening held last July 19. “Tune Hotel’s arrival as the first international hotel chain in Cagayan de Oro underscores the vast potential of the city for the hospitality industry,” said Dorothy Jean B. Pabayo, chairperson of the Cagayan de Oro Tourism Council and former tourism regional director. “I am sure the guests who have experienced Tune Hotels’ hospitality abroad will patronize the new hotel when they visit us here.” The 159-room Tune Hotel Cagayan de Oro opened Friday in the heart of the Lapasan Central Business District and will take the group’s portfolio of hotels in the Philippines to five. Tune Hotels have quickly gained a strong foothold and acceptance of the brand’s concept in the Philippines with the first hotel opening in Angeles City (165 rooms) in February 2012, followed by Cebu (150 rooms) later in February, Ermita (167 rooms) in March and Makati (213 rooms) in July of last year. After Cagayan de Oro, there will be hotels in Quezon City (140 rooms), Ortigas (182 rooms) and Davao (155 rooms) for a total of eight hotels opened within a twoyear period. “The Tune Hotel has
finally unfolded its red and white remarkably coated hotel, depicting an evident and exquisite image to the hospitality industry in the City of Golden Friendship,” said Nelia B. Lee, president of the Cagayan de Oro Hotel and Restaurant Association (COHARA). “Cagayan de Oro City will soon be Mindanao’s Premier Hospitality (Destination) due to the increasing world-class standards of the region’s hotel and restaurant family,” Ms. Lee noted. “Together, the family will fathom a greater and broader spread of hospitality service in various guests’ perspective. We will tighten the bond and create more possibilities. Maayong Pag-Abot Tune Hotel sa Dakbayan sa Cagayan de Oro.” Tune Hotels is a sister company of the Air Asia group of airlines, which is also steadily building its presence in the Philippines, most recently with the announcement of a strategic partnership with Zest Air, which flies direct from Manila to Cagayan de Oro via the newly opened Laguindingan Airport. Tune Hotel Cagayan De Oro is a welcome addition to the city with air passenger traffic growing to a robust
1.622 million in 2012. The recent opening of the new Laguindingan Airport is also expected to further increase the number of flights especially for domestic low cost carriers which grew 6.12 percent in 2012 to 15,540 from 2011, data from the Civil Aviation Authority of the Philippines (CAAP) Area IX office shows. The Cagayan de OroMisamis Oriental cluster continues to be the most favored by foreign tourists in Northern Mindanao for 2012. Data from the Department of Tourism (DOT) Region 10 shows that 74 percent of total foreign tourist arrivals visited the Cagayan de OroMisamis Oriental cluster last year. The new Cagayan de Oro property is the first Tune Hotel in the Philippines to have a function room catering to up to 30 guests for meetings and social function. There will also be a restaurant at the ground floor to serve breakfast and provide food
and beverage services for meetings and events. “ T h i s i s a wel c ome development considering t h at w e a re t r y i n g t o position Cagayan de Oro as a convention city,” noted Efren Uy, president of the Cagayan de Oro Chamber of Commerce and Industry Fou nd at i on , Inc . ( O ro Chamber). “With more topof-the-line hotel rooms and facilities here we can easily convince events’ organizers to hold big gatherings in the area.” Cagayan de Oro continues to be a favored destination for the meetings, incentives, conventions and exhibitions (MICE) market with a 30.4 percent increase in the number of events from 2012 (902) to 2013 (1,176 partial date), according to the Department of Tourism Region 10 office (DOT-10). The number of delegates attending MICE events grew a hefty 98 percent from 2012 (78,774) to 2013 (155,949 partial data).
River rafting for-a-cause set on July 28 DAVAO CITY – A river rafting for a cause is slated in Davao River on July 28, 2013, at 11 a.m. by the Base Camp Davao Rafting Company here. It is a fund-raising activity for the medication of freelance fitness instructor Cherry “Chai” Araneta, who has a kidney failure problem. Araneta, formerly of Metro Lifestyle Gym, is the wife of triathlete Marjun Balaite. They are blessed with two young daughters. “Share your blessings while having fun,” said Jack Berdos of Base Camp. Instead of the regular rate of P1,500, Base Camp Davao will be offering a discount price of P1,000 only per participant including transportation, g e a r s , e q u i p m e nt a n d documentation. “Let’s get wet and wild,” said Berdos. White water rafting is one of the most exciting outdoor activities now in Davao City. It’s the kind of adventure that is great to share with friends and lends itself well to making a weekend excursion out of it.
Internet service soon on other PAL planes PHILIPPINE Airlines (PAL) will soon fit in all its B777 and Airbus A330-343 aircraft an inflight internet connection just like in its Boeing 777-300ER, which flew from Manila to Vancouver early this month. In its website, PAL said passengers can avail themselves of the inflight connectivity and can make phone calls and browse the internet while on air which is made possible with the installation of the inflight connectivity hardware called GSMConnex. PAL is the first commercial airline, which was installed with the GSMConnex equiment supplied by TriaGnoSys, while OnAir is the supplier for the GSM and WiFi connection. “Allowing our passengers to call and surf the web while flying is another first only a legacy carrier like PAL can offer. This new service is part of our strategy to provide only the best to our customers,” said Ramon S. Ang, PAL president.(PNA)
ASEAN starts promoting Experiential, creative tourism THE Association of Southeast Asian Nations (ASEAN) is promoting six experiential and creative travel themes to encourage multi-country trips across Southeast Asia. The themes include: “The Tastes of Southeast Asia,” “ASEAN, a Tropical Paradise,” “World Class Cities,” “Experience Diverse Traditions,” “Sport and Relaxation,” and “Diverse Contemporary Creativity.” This is part of the implementation of the ASEAN Tourism Marketing Strategy 2012-2015. An initial list of 20 tour operators offering the themes in multi-country itineraries are now on the new look ASEAN travel website, www.aseantourism.travel , the official website of ASEAN Tourism. More trips are being added. Website enhancements are underway. “Our new focus is on experiential and creative tourism that respects environment and culture,” said Mr. Aung Zaw Win, Director General, Ministry of Hotels and Tourism Myanmar, who is also Chairman of the ASEAN Tourism Product Development Working Group. “An authentic travel experience involves meaningful engagement with the heritage, arts and special character of our ASEAN destinations,” he said in a press report posted on the ASEAN website. Mr Aung Zaw Win urged tour operators in ASEAN countries to develop more multi-country packages highlighting experiential and creative tourism, which he pointed out was a rising trend among consumers who want ‘authentic’ travel. “Today’s travellers are more sophisticated and interested in unique experiences with immersion in local ways of life,” he said. “Our role is to therefore support multi-country experiential travel within ASEAN member states.” To inspire travellers, ASEAN has compiled a series of features about themes such as beach, nature and wildlife; cruise tour and rail; culture and heritage; education and volunteering; food and nightlife; fun and leisure; health and spa; outdoor and water sports; and pilgrimage tourism. All are available on www.aseantourism.travel Tour operators who would like to submit multi-country experiential programs for possible inclusion on the ASEAN travel website should email their offerings to atmcwg@ gmail.com (ASEAN)
READ!
Young men steer a river boat along Davao river, site of the white water rafting for-acause set on July 28, 2013. mindanews file photo
In the end, white water rafting always leaves its participants wanting for more and with
stories enough to fill the often long ride home. Base Camp Davao is
located inside the Madrazo compound along Ponciano Reyes Street.
When you’re in Zamboanga and Pagadian City, read...
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ClassifiedAds ROMEO “JAY” DELOS SANTOS
CAGAYAN DE ORO MAIN BRANCH Manager P & J Lim Bldg., Tiano Brothers
Mobile Nos.: 09268423419(TM) / 09083873595 Kalambagohan Sts., Tel. # (08822) 727-829 *
Telefax # (088)Davao 856-1947 Davao Branch: Diversion Road km.7, Bangkal, City
UMAR ASLAM - 09173254444 CAMIGUIN BRANCH
B. Aranas Poblacion, Gensan Branch: Brgy. Labangal, San RoqueSt., Makar, Gen.Mambajao, Santos City
Upon extra-judicial petition for sale under Act No. 3135 as amended, filed by BPI FAMILY SAVINGS BANK, INC., with business address at BPI FAMILY BANK CENTER, Paseo de Roxas, corner de la Rosa Sts., Makati City with branch office at 2nd Floor, BPI Building, C.M. Recto Avenue, Lapasan , Cagayan de Oro City as mortgagee, against SPS. HENRY L. AMONGOS & ANTONETTE CLAIRE M. AMONGOS legal ages, with residence and postal address at #035 Zone 12, Zosima Gabua St., Patag, Cagayan de Oro City as mortgagor, which as of June 21, 2013 amounts to ONE MILLION NINE HUNDRED TWENTY NINE THOUSAND THREE HUNDRED SEVENTY FIVE PESOS & 98/100 (Php 1,929,375.98) plus other interest and charges thereon from June 21, 2013, to the date of foreclosure, cost of publication of the notice of sale, expenses of foreclosure, an additional sum equivalent of twenty-five percent (25%) of the total amount due as and for attorney’s fees, an additional sum equivalent to fifteen percent (15%) of the total amount due as and for liquidated damages and other expenses allowed by law, the undersigned will sell at public auction on August 15, 2013 at 10:00 a.m. or soon thereafter at the main entrance of the Office of the Clerk of Court, Regional Trial Court , Hall of Justice , Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, with all improvements included thereon, the following property, described as follows:
Camiguin Tel. # (088) 387-0491
ROBERT S. GUTIERREZ - 09103424549
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
ABELLANOSA Lechon House Corner Magsaysay Abellanosa St., Cag. de Oro City MANAGED BY :
KUYA ABS CDO EAGLES CLUB WE ACCEPT ORDERS: LECHON, HALANG-HALANG or SAMPAINA
FREE DELIVERY WITHIN CITY PROPER Contact:
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(Sgd)MA. TERESITA QUIBLAT-INSO Sheriff IV BWM: July 22, 29 & Aug. 5, 2013
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 28 Mambajao, Camiguin
Case No. 13-03
MARQ AZEUS S. RAFAEL, Petitioner. x-------------------------------------/
NOTICE OF HEARING Notice is hereby given that a summary hearing on the petition for notarial commission of Atty. Marq Azeus S. Rafael shall be held on August 9, 2013 at 8:30 o’clock in the morning in this Court’s Session Hall. Any person who has any cause or reason to object to the grant of the petiton may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.
July 10, 2013, at Mambajao , Camiguin.
(Sgd.)RUSTICO D. PADERANGA Executive Judge BWM: July 22, 2013
July 21-27, 2013
CDO Branch: National Highway, Zone 1, Igpit, Opol, Misamis Oriental
NOTICE OF EXTRA-JUDICIAL SALE File No. 2013-177
IN RE: PETITION FOR APPOINTMENT AS NOTARY PUBLIC,
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Direct Importer of All Kinds of Japanese Surplus QUALITY and AFFORDABLE PRICE
OFFIC OF THE PROVINCIAL SHERIFF
FOR THE EX-OFFICIO PROVINCIAL SHERIFF BY :
M I N DA N AO
ZAINZAID TRADING
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City
TCT NO. 137-2012009026 ‘’A PAREL OF LAND (Lot 12, Block 9, PSD-10-060565 portion of Block 10, PSD-10-042845) situated in Bo. of Lumbia, City of Cagayan de Oro, Province of Misamis Oriental, Island of Mindanao, containing an area ONE HUNDRED FIFFTY SIX (156) square meters, more or less, with the improvements included thereon.’’ All sealed bids must be submitted to the undersigned on the above stated date, time and place. In the event the auction sale FALLS ON HOLIDAYS, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. Cagayan de Oro City, July 8, 2013.
BusinessWeek
KIMBERLITE PAWNSHOP MALAYBALAY BRANCH
Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on May 2013 AUCTION DATE: JULY 18, 2013 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon
CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947
DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631
CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491
LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739
CORRALES BRANCH Corrales Ave., Cagayan de Oro City
CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011
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YO U R L O C A L B U S I N E S S PA P E R
July 21-27, 2013
Ashore... from page 5
touched it.” “These fishes are known to be solitary sea travelers. Some roam the sea in pairs but never in a pack,” he said. Bacolod said the fish may have been a juvenile considering that a matured Ocean Sunfish weighs up to at least 1,000 kilos. He said the fish usually subsists on jellyfish, small crabs and shrimps. T h e B FA R h a s n o t c ate gor i z e d t he O c e an Sunfish as endangered but other countries in Europe ban its sale. (Froilan Gallardo/ MindaNews)
DENR...
from page 5 sustainable approach to management of marine resources since it is “naturebased and non-extractive.” “It brings together many key players in advocating for a type of tourism that protects marine biodiversity, thereby sustaining the protein requirement of Filipinos supplied by the seas, and providing sustainable livelihood to a marginalized sector of the population,” Paje explained. The environment chief cite d t he gover nment’s Integrated Coastal Resources Management Program (ICRMP), which promotes sustainable management of coastal resources using a “ridge-to-reef ” or upland to lowland approach and creates income and livelihood opportunities to fisherfolk. Paje also disclosed that he recently issued DENR Administrative Order No. 2013-19, which sets the guidelines on ecotourism planning and management within protected areas that include coastal, marine and wetland regions. He said that with
education and conservation awareness as one of the principles of ecotourism, the local community and ot her st a kehol ders are educated on the ecological and economic benefits of the natural resources peculiar to their area. “This encourages them to sustain these resources, which are the prime draw for tourists, instead of extracting them until depletion,” Paje said. “Sustainable ecotourism, while heightening tourists’ awareness on the richness of our biodiversity and the need to conser ve them, improves the quality of life in our coastal communities, empowers them and makes them more resilient in facing and adapting to the adverse impacts of climate change,” he added. (DENR)
Feast... from page 5
join us on the last Saturday of the month in the Pista Y Ang Kagueban. We know people are looking forward to this, and next year, we will do this again in June. The delay was just temporary,” Bayron said. At Sitio Impapay, the City Environment and Natural Resources Office (CENRO) prepared 8.6 hectares of land for the mass tree planting, which is expected to be joined by around 20,000 residents of Puerto Princesa. The site is near the Irawan Watershed, and is a source of clean, potable drinking water for city residents, numbering about 222,000. “Together let us plant trees on the mountains of Irawan again to celebrate ou r d e d i c at i on t o t h e protection, conservation and preservation of the forests in this city,” he said. This year, no national artist from Manila will be invited to highlight the tree
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN RE: PETITION FOR PET. for NOT. COM. NO. 027-07-2013 APPOINTMENT AS NOTARY PUBLIC FOR AND IN THE PROVINCE OF LANAO DEL NORTE ELEUTERIO M. OBIAL, JR., Petitioner, X - - - - - - - - - - - - - - -- - - - - - - - /
NOTICE OF HEARING NOTICE is hereby given that a summary hearing on the petition for notarial commission of Atty. Eleuterio M. Obial, Jr. shall be on August 16, 2013 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.
planting event. Entertainers who were invited were all local artists in a bid to also promote their talents to local residents. (PNA)
Tests... from page 5
is imperative that we should see to it that these turtle eggs will be accorded with proper protection so as to ensure the survival of the hatchlings,” said Gilbert Gonzales, Department of Environment and Natural Resources Bicol regional executive director. The DENR, Provincial Government of Albay and Naval Forces for Southern Luzon have joined hands to ensure protection of the eggs of the turtle and ensure that these will hatch within the protocol of the DENR. Gonzales also tasked his men to establish a perimeter fence for the “no entry” zone until personnel from the Pawikan Conservation Project of the DENR Protected Areas and Wildlife Bureau from the central office arrive to take the lead in assessing whether or not the eggs will be transferred to a safer ground. “I already assigned focal persons from the protected area and wildlife division to monitor the eggs frequently until they hatch within the incubation period, and also to make coordination with adjacent coastal barangays, through their local officials, in monitoring the beach head for a possible return of the giant leatherback turtle to lay eggs again after two weeks,” Gonzales said. The turtle immediately left after laying eggs, villagers said. Albay Governor Joey Salceda is also monitoring the occurrence and employing means to complement the conservation and protection effort while the Navforsol
has stationed personnel to watch the nesting area against possible intrusion. Salceda explained that this phenomenon is a great chance to educate people on the proper treatment of sea animals and help maintain a balanced ecosystem. “ This is a hands-on experience for environment and nature lovers, the people and the young generations,” he said. (PNA)
Threats... from page 5
Trillanes said that some of his fellow environmentalists have already been killed, including tribal leader Datu Manuel “Kajugjug” Gardigo, a Manobo chieftain from Barangay Agsam in Lanuza town who was shot five times by still unidentified suspects last May. He said Gardigo was one of the leaders opposing illegal logging activities particularly in the concession of Surigao Development Corporation. Another environmental activist, Dr. Isidro Olan, was ambushed in Carmen, Surigao del Sur last October but he survived the slay try. He was wounded by a bullet on the right shoulder. Olan is the founder and executive director of the Lovers of Nature Foundation based in his hometown. He is an active member of the SAC in the Vicariate of CarCanMadCarLanPar. Trillanes said the attacks against environmentalists will not deter his campaign against mining and illegal logging activities in the area. On Monday, the PMPI said it will file a comprehensive report on the harassments being suffered by Trillanes at the Commission on Human Rights (CHR). “We believe that the motive behind the harassment on Chito Trillanes has something to do with his advocacy
“NOTICE OF EXTRA-JUDICIAL SALE’’ File No. D-2013-355 Upon extra-judicial petition for sale under Act 3135 as amended filed by Home Development Mutual Fund ( Pag-ibig fund) with branch office at Pag-IBIG Fund Bldg., JR. Borja St. Cagayan de Oro City against (Ronilo L. Lapatis, of legal age, married to Hepsy A. Lapatis, with postal address at Zone 4, Masilakon 1, Lugait, Misamis Oriental) to satisfy the mortgage indebtedness which as of April 19,2013 amount to 1,579,379.97 excluding penalties, charges , attorney’s fees and expenses of foreclosure the undersigned or his duly authorized deputy will sell at public auction on AUG 08 2013 at 10:00 A.M. or soon thereafter at the entrance of the office of the Regional Trial Court Branch 44 Initao, Misamis Oriental) to the highest bidder, for cash and in Philippine currency the following property with all its improvements, to wit: Transfer Certificate of Title No. 136-2011000697 A PARCEL OF LAND (Lot 3, Block Pcs-10-4316001325 being a prtion of Lots 132-L, Psd-104316-018023 and Lot 8, Pcs-104316001119), situated in the Barrio of Jampasan, Mun. of Lugait, Prov. Of Mis. Or., Island of Mindanao, including all improvements found thereon, containing an area of TWO HUNDRED (200) Sq. m. mre or less, registered in the name of Ronilo Lapatis married to Mrs. Hepsy Lapatis. Prospective buyers may investigate for themselves the title herein above described and encumbrances thereon if any there be. In the event the auction should not take place on the said date it shall be held immediately on the next day without further notice.
(Sgd.) DENNIS P. VICOY Acting Presiding Judge
BWM: July 8, 22 & August 5, 2013
May 24,2013.
against destructive mining. Its clandestine nature, the fact that the identities of the ones doing the surveillance are yet to be known, further bolster his claim that his life and person are in danger should the surveillance continue. This must be stopped,” Fr. Oliver Castor, PMPI project officer said in the statement. Castor said that the Mindanao office of the human rights group Task Force Detainees of the Philippines assisted them in finalizing the fact sheet for the case. He also said that they will submit to the CHR a video of Trillanes explaining his experiences. “Because of these threats, Trillanes is moving from one safe house to another although he continues to be active in the sidelines for the environmental campaigns of the SAC. No person, especially someone who dedicated his time to the defense of our natural resources, deserves this situation. We fervently hope that the CHR will act swiftly on this case, “ Castor appealed. (Roel Catoto/ MindaNews)
Rodriguez... from page 3
in the Lower House, the senators and the whole Filipino nation, not to be afraid of dancing the Cha-Cha since “foreign investments are the only ingredient lacking in our economic growth.” The Philippines’ FDIs in 2012 were a measly US$2.8 billion, a “very clear and compelling reason to amend
the Constitution, especially its economic restrictions,” he said.
Wendy’s... from page 2
with the US franchisor.” Only one of the existing stores is franchised, as the others had been subfranchised. Wendy’s Philippines had stopped expanding for two years because of negotiations for its contract with Wendy’s International. Expansion resumed last year after Wenphil was allowed to sub-franchise the Wendy’s brand. WenPhil is the only company allowed to go into sub-franchising, hence it is writing the sub-franchising manual for its US franchisor to ser ve as a guide for jurisdictions, Pardo-Orbeta said. “Each and every step that we do is being documented and scrutinized so that our manual will be used in the other countries,” she said.
Supports... from page 2
The free-of-charge fora were co-organized by DOLE 10, FilInvest Land Corp., PLDT SME Nation, Sterling Bank, Santos Cua Accounting Firm and DOST 10. Another learning event -- the Economic Briefing with UA&P’s Dr. Bernardo Villegas -- will also be conducted on July 22, 2013, from 1:00 - 5:00 pm, at the Xavier Sports and Country Club. This is free for Oro Chamber members.
Republic of the Philippines REGIONAL TRIAL COURT-10TH JUDICIAL REGION Province of Misamis Oriental Branch 23, Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF FILE NO. 2013-157 Upon extra-judicial petition foe sale under Act 3135 as amended by Act 4118, filed by SILVER PENNY CARE LENDING CORPORATION, as mortgagee against CHERRIE MARTENSEN ABE-OSORIO, married to RONNIE F. OSORIO, as mortgagors, to which as of April 2012, amounts to FIVE HUNDRED TWELVE THOUSAND (P512,000.00) PESOS, inclusive of interests and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned will SELL at public Auction on August 6,2013 at 10:00 A.M. to 4:00 P.M. At the entrance door of the Regional Trial Court, Branch 23, Hall of Justice, Cagayan de Oro City, to the highest bidder for CASH or Manager’s Check and in Philippine Currency, the following property described below. TRANSFER CERTIFICATE OF TITLE NO. T-137-2011003417 A PARCEL OF LAND (Lot 12, Block 18, Psd-10-011967, being a portion of Block 15, Pcs-10-000599), situated in the Barrio of Patag , City of Cagayan de Oro, Island of Mindanao. Bounded on the NE., along line 1-2 by Lot 13, on the SW., along line 2-3 by FP 32; on the NW., along line 5-1 by Lot 11, all of Block 18, of the subdivision plan Psd-10-01 1967, containing an area of ONE HUNDRED TWENTY THREE (123) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.
June 17, 2013. Cagayan de Oro City.
FOR THE PROVINCIAL SHERIFF
(SGD.) NORBERTO F. LABIS Sheriff IV
(Sgd.) RICO A. REMALIG Sheriff IV
BWM: July 15, 22 & 29, 2013
BWM: July 15, 22 & 29, 2013
BusinessWeek
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M I N DA N AO
July 21-27, 2013
Feature... from page 1
and innovate bartending practices. After studying, Daven explored again the coffee industry. While supervising a newly-established coffee shop, Daven got an invitation from his mentor and the latter pushed him to join the Philippine Barista Cup 2013 for Mindanao Elimination. At first, he was hesitant to join that he failed to register. However, due to his passion and love of work, this barista finally decided to register and catch up the last day of registration. Daven got a very short time to prepare due to his late registration and other businesses. He, however, practiced in coffee-mixing and studied the products he’s going to use. Using his own money and some assistance from the company and his solicitors, he packed up and headed to Davao City for the competition. The competition was so tough that it required two sets of judges. There were four judges for each of the “Technical” and the “Century”. The first set was assigned to assess how a barista made the beverage. The Century Judge, on the other hand, was a set of judges who taste and evaluate the coffee. In the competition, contestants are given 30 minutes to make 12 drinks, which include the cappuccino and their signature drink. There were 15 of them in the competition; 11 from host city, two from General Santos City and another two from CDO. According to Daven, he and his colleagues from CDO really made a big sacrifice to join the competition, considering the distance they travelled to the competition venue from far-away City of Golden Friendship. From 15 competitors, top six were first determined. And after a series of evaluation, Daven placed last in the Top six. B eing in No. 6 was somewhat uncomfortable for Daven, threatened by the possibility of falling and being eliminated soon. So, he did his best for the second round. Like any other contestants, Daven got nervous and so tensed; after all, he had all the reason because he was the first one called for the new round of presentation. But he composed himself and move to the presentation area. Daven recalled moving on with these words in his mouth: “This is it.” All participants went t h e i r w ay s a b ov e a n d beyond in order to win in the competition. But it was Daven who stood out was declared champion of the Mindanao Elimination for Philippine Barista Cup 2013. Daven was so happy that his effort paid off. He also said that the competition helped him a lot especially in boosting his confidence, w h i ch he s ai d i s ve r y
important in his field of work. He also learned more things about coffee and those coffees he has not encountered yet. When asked who his inspiration in winning was, he said: “My family and of course, my son. Daven will be competing as Mindanao’s representative in the WOFEX 2013 this July 29th, at the World Trade Center in Manila. Together with him are the representatives from Visayas, Luzon and Metro Manila. In the meantime, Daven is busy preparing for the national competition. He practices three times a week. He’s also trying to enhance his speaking skills to be more confident in explaning his presentation before the judges. But, whatever the results would be, Daven is already the champion for his friends and his family. When the door of opportunity opened, Daven went through, pushing the door wider for himself. The optimism in him brought him to a place he did not expect. As a saying goes -- a dreamer can dream and live his dream. To all dreamers like barista Daven, whose advice is: “Kung love nila ilang ginabuhat or kana nga direction, i-push nila ilang self dadto.” (If they love what they do or have a direction to pursue, they should push themselves into.) Indeed, self-motivation is a value an aspiring champion must have.
Jewels... from page 1
of an educator-awardee f r o m M i n d a n a o , D r. Quiaoit remains the only Mindanaoan-awardee. TOWNS Foundation Inc., in partnership with Metrobank Foundation and Metrobank Card, is seeking nominations of Filipino women aged 21 to 45 years old. Matias said any person, organization or entity may nominate one or more women, provided they are Filipino citizens, distinguished in their field of specialization, have a well-balanced personality that is worthy of emulation, committed to the promotion of well-being and upliftment of the Philippines and the Filipinos, in general, and possess a pioneering spirit as evidenced by projects that they have initiated in the service of the country. The p e c u liar fac tor, according to Dr. Abesamis, is that “she has the pioneering spirit” and that “the program or project she has initiated has an impact on nation-building and community service and one that can be replicated around the country,” she added. Abesamis said even those abroad can be nominated so long they possess the qualifications and have well-rounded personalities and with good personal and family well-beings. When asked if morality issue can affect a nominee, Abesamis said: “Yes, it does.”
C h i e f Ju st i c e Mar i a Lourdes Sereno, a TOWNS awardee, has agreed to chair the selection committee this year. The TOWNS awardees are presented to Malacañang on the third week of October and their awards are given by the President himself, Matias added. TOWNS Foundation Inc. in partnership with Met rob an k Found at ion and Metrobank C ard conducts this triennial search for the purpose of identif ying outstanding Filipino women who, in their various capacities, have served the country well. TOWNS awardees are true role models for Filipino women and girls who wish to de dicate t hems elves to nation-building. Once selected, they are expected to continue their excellent work as leaders in their respective fields. Nominations for TOWNS 2013 Awards will be received from different individuals and organizations through the TOWNS Secretariat. Nomination forms may be obtained online (http:// w w w. t ow n s . or g . p h / w p content/themes/ViewPoint/ nomination_form.pdf and submitted or mailed to the TOWNS Secretariat and must be received, postmarked, or hand-carried before August 9, 2013. Nomination forms can also be sent to any Metrobank branches nationwide, or to the Metrobank Foundation Office located at Metrobank Plaza, Sen. Gil Puyat Ave., Makati City. The TOWNS awardees will venture into post-award events by doing some rounds of talks during the winner’s forum to instill the value of strengthening national capability and shaping the nation’s future by serving as catalysts for economic, social and cultural development, national security and national unity by providing time, talent and resources to worthwhile undertakings that benefit the country and the Filipinos, Abesamis said. Dr. Quiaoit said TOWNS Foundation Inc. is a national organization of dynamic and effective women who by their common shared activities help transform the lives of Filipinos. Dr. Quiaoit received the award in 2007 for being “the mother of giant clams” and was recognized for helping conserve endangered marine life. She was honored for her efforts in culturing, producing and reseeding clams all over the country to prevent the species’ extinction. Along with Dr. Quiaoit in 2007 awarding were Dina S. Ocampo for education, Maria Corazon A. de Ungria for science, Eva Ma. Cutiongcodela Paz for medicine, Alexandra P. Romualdez for print, Maria A. Ressa for broadcast journalism, Catherine H. Lee for business and Glecy Cruz Atienza for arts and culture. The number of awardees is
not fixed; recognition is given where it is due, based on the following criteria: outstanding work that has contributed to the knowledge, well-being and uplifment of the nation; achievement and recognition by ot h e r s ; p e r s on a l it y worthy of emulation, that is, presentability, confidence, poise, communication skills, d i g n it y, re s p e c t abi l it y, i ntel l e c tu a l and mor a l i n t e g r i t y, s i n c e r i t y ; commitment and sustained contribution to advocacy; pione er ing ze al; s o cial responsibility; leadership; and attitude towards profession or discipline. “If you know of anybody who has the distinctions mentioned, please let us know. Surely, there are a lot of people like ‘Dr. Hilly’ in Mindanao,” Dr. Matias said.
DOH... from page 1
– C enter for Health Development (DOH-CHD) Caraga regional director. “We host not only an event here, but we also are making history.” He said that through this, more infant lives will be saved as they are most vulnerable to the disease. “We give the hope of a better generation where infants are well and healthy.” The PCV will now be a part of the regular vaccines to be given to infants below one year of age. The integration of this vaccine is a monumental milestone in the EPI. Caraga region together w i t h t h e Au t o n o m o u s Region of Muslim Mindanao ( A R M M ) are t h e f i r s t to re ceive t he PCV in complement to the current Rotavirus Vaccine which was introduced in 2010. The PCV will address the need for better protection of infants against pneumococcal pneumonia. The national launching l a s t We d n e s d a y w a s graced by DOH Assistant Secretary Enrique A. Tayag, re pre s e nt i ng S e c re t ar y Enrique T. Ona. (NCLM/ PIA-Caraga)
Concerns... from page 1
credit ratings, but it earlier cited the Philippines’ overall economic gains short of upgrading the country’s credit standing. The Philippines’ economic growth, as measured by its gross domestic product (GDP), has been progressively growing despite the economic downturn in the global environment, expanding by 6.6 percent in 2012. P r e s i d e n t A q u i n o’s economic managers, led by Finance Secretary Cesar V. Purisima, have long expected the country’s ratings to be raised above its former junk status as markets rated the Philippines even higher than investment grade nations. The ne ws ab out the country’s investment grade status was also not a surprise to local and foreign analysts as they had expected an
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YO U R L O C A L B U S I N E S S PA P E R
Globe strengthens presence in seafarer market with iVitta tie-up New seafarer SIM to offer the most affordable international call and text rates Strengthening its foothold in the seafarer market, Globe Telecom clinched a partnership with UK-based telecom solutions provider iVitta to offer an exclusive SIM card that will provide Filipino seafarers the lowest call and text rates when communicating with their families and loved ones in the Philippines. The Globe Seafarer SIM allows Filipino mariners from anywhere in the world to regularly keep in touch with their loved ones back home at affordable call and text rates without the need for expensive satellite equipment connections using two (2) numbers in one SIM – an international mobile number and a local Globe mobile number. Using their international mobile number, seafarers can call the Philippines for as low as US$0.20 per minute and text for as low as US$0.10 per message. On the other hand, with the seafarer’s local Globe mobile number, calls from the Philippines using a Globe or TM number will be charged with local Philippine calling rates of only P6.50 per minute. The Globe Seafarer SIM Card can be used on most networks using a global interconnection with over 650 GSM networks worldwide. Using bespoke software and intricate new technology, the SIM Card is revolutionary on its own by allowing seafarers from almost anywhere around the globe to make and receive calls and texts at the most affordable rates. Globe International Business Group Head Rizza Maniego-Eala said, “We welcome another milestone as we continue to reach our Filipino seafarers worldwide with the launch of the new Globe Seafarer SIM in partnership with iVitta. With this innovative offer, our Filipino seafarers only need just one (1) SIM to call and text their families in the Philippines. Even as they dock from one country to the other, they will enjoy the convenience of using just one SIM while being charged the most affordable call and text rates, even lower than using local SIM cards.” “Similarly, their family members and loved ones back home in the Philippines don’t need to confuse themselves what number to call or text especially when the seafarer is travelling port-to-port and using different local numbers. With the Globe Seafarer SIM, seafarers have one single virtual Globe number which charges their relatives back home local calling rates, making communication more affordable. Seafarer families can now enjoy longer conversations through calls or texts with the new Globe Seafarer SIM powered by iVitta. We are excited to provide another innovative and value-formoney service to the members of the Philippine maritime community with the Globe Seafarer SIM,” Eala added. Simon Black, CEO of iVitta shared, “We are delighted to be working with Globe Telecom. Their influence in the Philippines is exceptional and we hope for a long and prosperous partnership as we expand our presence among Filipino seafarers with our roster of innovative services.” iVitta Mobile specializes in providing low-cost global telecoms solutions to the maritime and offshore communities. Close to 500,000 Filipino seafarers are serving on international commercial fleets as of end-2012. To know more about the Globe Seafarer SIM, visit www.seafarersim.com.
upgrade from any of the three major credit rating agencies to come within this year. Astro del C astillo, managing director at First Grade Holdings said that the move did not surprise the market, but this would definitely rush more investments into the country especially those funds that are allowed only to be put on investment grade debt. The Philippine Stock Exchange Index surged to a record in March and the peso is trading near a fiveyear high. Credit rating upgrades are a confirmation of President Aquino’s good economic management over a threeyear period in office. The upgrade also reduces country’s borrowing costs and would surge the foreign direct investments into the Asia’s second fastest growing economy in 2012. T h e g o v e r n m e nt i s targeting GDP growth this year to reach between 6-7 percent after an upwardly revised 6.8 percent expansion the prior year. Noting the strong growth in the manufacturing sector,
Trade and Industry Secretary Gregory L. Domingo said that revival of the country’s manufacturing sector is in the offing. “Manufacturing is definitely back on track. With more plants scheduled to open,” said Domingo. Heightened domestic demand led to the local manufacturing sector growing at 9.7 percent in the first quarter of 2013. Also stirring is the construction sector that was grew 32.5 percent in the first quarter, indicating a good positioning towards an industry-led economy. In addition, remittances from the overseas Filipino workers have remained robust and expected to grow around 6 to 7 percent this year to surpass the record level of $ 21.39 billion in 2012. OFW remittances represent around 13.5% of the country’s GDP. Given the strong mandate of President Aquino, a consistent high approval rating and the sterling e c on om i c g row t h , t h e business community said the President is in a very good position now to push for economic reforms. (PNA)
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July 21-27, 2013
Developments
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Top Cat@lyst ideas set to create positive social changes Cat@lyst, the CSR initiative of Tattoo promoting positive transformation for society, recently distinguished five (5) innovative solutions that harness the power of information technology to address social issues with practical IT-based remedies. Three medical-based applications, an ecologyinspired software and a goodgovernance monitoring tool emerged as the best among Proponents of the winning Cat@lyst entries showcase their cash grants to help fund their ideas and turn them into actionable solutions that will promote positive social change.
the over 100 entries submitted over a three-month period. The five Cat@lyst winners are Bloodtype, a web and mobile app designed as an information dissemination mechanism, record keeper and advocacy campaign for blood donation; Clinical I, a diagnostic software containing a database of k n ow n s y mp t o m s a n d manifestation of neglected t ropi c a l d i s e a s e s w it h treatment recommendations; eTapon, an app allowing households access to options on managing waste disposal; iNanay, an SMS-based program that provides modules on prenatal, postnatal, and neonatal care among mothers and a reminder system for pregnant women; and WikiPangako. ph, an online database of the promises made by various elected officials featuring crowd-sourced information. Based on the criteria of innovation, implementation feasibility and impact to society, the winning Cat@ lyst solutions will receive pro g r am d e v e l opm e nt , mentorship and ICT support from the Global Shapers Manila Hub, ICT experts, development professionals and Globe BridgeCom, which will provide the opportunity to institute the solutions as part of its regular corporate social responsibility drives. Proponents were also bestowed with P200,000 cash grants to transition their ideas into actionable programs, with assistance. Tattoo Head of Nomadic Broadband Dong Ronquillo said that Cat@lyst program is all about “driving change and doing good.” He adds, “Tattoo
is not just about bringing people online. Through Catalyst, Tattoo recognizes talents of the young and young at heart and empowers them to fuel their passions, spark change and manifest it in their communities and society at large. Tattoo is an enabler of connectivity not just to the World Wide Web but to everything that brings about hope and transformation.” Lynn Pinugu, current curator of Global Shapers Manila Hub and co-founder & executive director of Mano Amiga Academy, averred that “the Cat@lyst winners embody the possibilities of social change through technology. We believe that they have the potential to effect that change. With Tattoo and the rest of us stakeholders, we will combine our energies to see their solutions touch the lives of others in a positive way.” As an integral social program of Tattoo, the five winning Cat@lyst solutions were recognized during the recently-held 2013 Tatt Awards. Together with fellow “movers and shakers” in the digital landscape, they were given due recognition for their influence and impact to the public. Tattoo also commemorated the event by launching the limited edition Tattoo Cat@ lyst sticks, both as a tool and inspiration for other aspiring IT-proficient individuals to ideate innovative solutions. Those who share similar aspirations with Cat@lyst can still support the campaign by purchasing them through www.tattoo.globe.com.ph. For every online transaction until December 15, 2013, P200.00 will be allocated to fund one of the five Catalyst projects of choice. Log on to www.catalyst. com.ph for more information about the winners.
Globe is official technology partner of Ironman 70.3 Philippines Leading telecommunications company Globe Telecom will be the official technology partner of the 2013 Ironman 70.3 Philippines, the country’s premiere triathlon event scheduled on August 4 at Shangri-La Mactan Island Resort in Cebu City. This is the fifth year that Globe will provide high-speed broadband internet service in support of Ironman 70.3 Philippines. By making fast and reliable internet connectivity available at the venue, Globe would enable participants, and even the public to go online anytime they want so that they can post status updates in popular social networking sites such as Facebook, Twitter, and Instagram. “We are all set to provide our customers with a high quality mobile experience that would allow them to use their smartphones, tablets, and even laptops to chronicle the games from start to finish. Our support for this top triathlon event is also in line with the company’s advocacy to promote and encourage sports and other athletic activities,” said Yoly C. Crisanto, Head of Globe Corporate Communications. Since its inception in 2009, Ironman 70.3 Philippines has become one of the most-anticipated sporting events in the country. The number of participants continues to rise with about 2,150 athletes from 35 countries worldwide already signed up for the individual or relay competitions. For this year, the race will feature a 1.9-km swim in the open sea, a 90-km bike and 21-km run. The five biggest foreign delegations are expected to come from Singapore, Japan, Australia, US, and Hong Kong. Being a World Triathlon Corporation sanctioned event, winners of Ironman 70.3 Philippines are entitled to slots in the World Championships on September 8, 2013 in Las Vegas, Nevada.