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BusinessWeek Mindanao (November 15, 2013)

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MINDANAO DAILY NEWS SECOND SECTION

Friday - November 15, 2013

BusinessWeek MINDANAO

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Briefly Science fair BUTUAN City -- The recently concluded 2013 Mindanao Cluster Science and Technology (S&T) Fair 2013 hosted by the Department of Science and Technology (DOST) Caraga serves as an avenue for local inventors and innovators from across Mindanao to exhibit their ingenuity and technological discoveries. DOST Secretary Mario G. Montejo said that “the use of S & T is always a sound development model for the improvement of the individual and society in terms of improved processes, products and services.” He expressed his trust in local technology which affirms the creativity of Filipinos particularly the Philippine scientific community. “It prepares the country for global competitiveness. Smarter Philippines program in farming; disaster mitigation; health care; small, micro and medium businesses; and industries will boost the growth of our economy,” said Montejo.

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Yolanda dealts P6.87b damages in agri sector

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HE Department of Agriculture has estimated at least P6.87 billion were damaged by Typhoon ‘Yolanda’ in the agriculture sector alone, surpassing that caused by tropical storm ‘Santi’.

Page B1

IN-DEPTH

The agriculture department made the latest estimate af ter t horough survey of the entire area hit by the typhoon. This damages/PAGE B11

Mining firm donates classrooms, establishes nursery in Bukidnon By BONG D. FABE, Correspondent

I M PASUG - ONG, Bukidnon—The Chinese mining company New Jin Hua Mining Corporation has donated several classrooms to a public school here to help give children an environment conducive for learning. The company, owned by Kenneth Kho, has recently

turned over a two classroomschool bu i ld i ng to t he Impalutao Elementary School and another two classroom school building at Barangay Kawayan. “We have also signed a memorandum of agreement and have recently broke ground for another two

classroom schoolbuilding in Barangay K ibunton,” Kho told the BusinessWeek Mindanao. Mayor Mario Okinlay expressed happiness for the visible expression of New Jin Hua’s corporate social responsibility (CSR). Okinlay defended his administration’s decision to donates/PAGE B11

Tourism spill over DAVAO City – Even the local tourism industry is seen to feel the adverse effects of typhoon Yolanda which devastated Visayas. City Tourism Operations Office chief Lisette Marquez said there is a big probability that business events and conventions would be shelved as corporations would donate these expenses to relief efforts. They also expect lesser travels as people would also donate to the relief efforts rather than going on vacation. Marques said that it would take a month to determine if visitor arrivals have been affected by the typhoon. As for foreign visitor arrivals, Marques said that it would depend on how the country is portrayed by the media. “National disasters are one of the main reasons why people would not travel to a locality.” Marques added.

KRISPY KREME OPENS. (L-R) Krispy Kreme assistant marketing managers April Stephanie Elumba (L) and Nadia Lee Cien Shami (also the Bb. Pilipinas International 2007) during the media event two days before its official opening in Cagayan de Oro City. (More photos and stories on Section B page 6)

Shopwise opens tomorrow, gives free loyalty cards By BONG D. FABE, Correspondent

RELIEF GOODS. Youth and students help to pack relief goods for Yolanda survivors at the Philippine Ports Authority warehouse in Surigao City yesterday ready to be brought to Tacloban. mindanews photo by roel n . catoto

Mindanao Daily NEWS

FINALLY, it’s here! After 15 years of providing the basic needs of the Filipino family through affordable,

fresh, budget-friendly and efficient service, Shopwise finally opens its doors in shopwise/PAGE B11

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B2 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Cheng Ordoñez , e-mail- cheng.ordonez@gmail.com

Economy

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Business sector in Bacolod High-speed Smart LTE connectivity reports losses worth P500-M back in Tacloban; more sites reactivated BACOLOD CITY--In the wake of two typhoons that affected this city in the past week, the business sector here reported losses reaching half a billion pesos. Frank Carbon, president of Metro Bacolod Chamber

of Commerce and Industry, said the amount is based on terms of lost revenues/sales opportunity and actual loss of salary income and livelihood in the last six days typhoon “Yolanda” and “Zoraida” hit Business/PAGE B9

SMART Communications, Inc. (Smart) on Tuesday, Nov. 12, 2013, restored high-speed Internet access using Long-Term Evolution (LTE) technology at the downtown area of Tacloban City in Leyte while cellular coverage was brought back to the city airport to provide vital communication links to aid emergency response efforts. As of 11 am Wednesday, Smart and Digitel Mobile Philippines, Inc. (DMPI) have reactivated a total of 83% of its affected sites in the Visayas region. Meanwhile,

network services have been restored 100% in Palawan. In particular, coverage has been restored last night in Coron and Culion, Palawan. Cellular service was also

fired up in Daan Bantayan in Northern Cebu. In other areas, Smart has deployed Smart Satellite Services phones to provide Libreng Tawag ser v ices for residents. Aside from Borongan, Eastern Samar, Smart started providing free calls to residents in Gu iua n, Eastern Sa ma r a nd Du lag, Ley te. In partnership with Thuraya, Smart Satellite Services is also providing assistance to various government and

humanitarian agencies. Meanwhile, Smart Libreng Tawag services are ongoing in the following areas: 1. Leyte a. Smart cellsite in municipality of Dulag b. Municipal Hall of Palo c. Smart Retail Store in Ormoc City d. City Hall, Ormoc City e. DSWD booth at City Hall of Tacloban City LTE/PAGE B9

Indonesia sends home 35 fishermen to Mindanao

PhilMech Director Rex Bingabing explains to Senator Cynthia Villar (2nd from right) a machinery that speeds up drying of palay at an exhibit during the 2013 Mindanao-Wide Makina Saka Agri Machinery Roadshow, Nov. 12, 2013, at Marco Hotel, Cagayan de Oro City. photo by lavie casenas

GENERAL SANTOS CITY — The Indonesian government has repatriated 35 more fishermen from this city and the neighboring areas who were earlier detained for illegal fishing and entry violations. Cit y C ou nci lor Br i x Tan, chair of the council’s committee on marine life and aquatic resources, said Tuesday the fishermen were allowed to return home by Indonesian authorities after getting reprieve from their jail sentences. He said the repatriates arrived here on Monday ab oa rd P T R D Pa si f i k Home/PAGE B9

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B4 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

CorporateWorld

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Holcim’s Best Pinoy Mason picked LEADING cement ma nu fac t u rer Holci m Philippines’s search for the country’s top mason finally yielded a Mindanao native, with a contestant from North Cotabato declared as the winner of the 4th ‘galing Mason Award. A mason for 13 years, Sonny Rebleza of Kidapawan City bested 14 other regional f i na l ists i n t he contest t hat a i ms to recog n i z e outstanding masons for their contribution to nationbuilding. He will take home P150,000 in cash and a gift certificate for P5,000 worth of Holcim cement. The winner was announced during the awards ceremony held at the Manila Hotel on Oct. 25. The finalists participated i n a sk i l ls compet it ion involving the completion of a perimeter fence for a public school for indigents relocated to Laguna, and went through a panel interview to discuss their technical prowess, pride in their profession, and contribution to their respective communities. The judges from Holcim Philippines and its program

Sonny Rebleza of Kidapawan City shows his trophy asthe winner of ‘galing Mason Award.

partners noted that Rebleza stood out for t he pride in his work, community service, desire for further professional improvement, and commitment to his family. Rebleza, 38, thanked Holcim Philippines and its partners for the citation. Rebleza added that he

plans to use his winnings to buy land and save the rest for the education of his children, who are 12 and three years old. He also plans to get more training on masonry. Rebleza is a son of a mason and was a lready taking on construction jobs during high school, but only learned about masonry after

taking a three-year civil technology course. He is employed by a Mindanaobased construction company that allows him to work all over the island. Aside from this, Rebleza occasionally serves as masonry trainer for the Technical Education and Sk ills Development Authority (TESDA.)

percent increase in United States and 34.7 percent jump in Southeast Asia and the Middle East. Worldwide same-store sa les grow t h was at 8.5 percent during the three-

month period, while net income margins improved to 5.3 percent from 5.1 percent a year ago. System-wide sales went up to P75.22 billion for the jollibee/PAGE B9

‘Yolanda’ shutters 23 Jollibee stores

• fastfood giant reports 3Q profit growth JOL L I BE E Food s C or p (JFC) registered a doubledigit expansion in its net income for the third quarter on higher sales, as 23 stores of the homegrown fastfood giant remain closed following the onslaught of Typhoon ‘Yolanda’. In a disclosure to the Philippine Stock Exchange, JFC said its net income attributable to equity holders increased by 15.9 percent to P1.02 billion in the July to September period from P879 million in the same three months of last year.

This pushed earnings for the nine-month period to P3.12 billion, or 26.7 percent more than last year’s P2.47 billion. System-w ide sa les – a measure of all sales to consu mers f rom bot h compa ny ow ned a nd franchised stores – rose 13 percent to P25.32 billion in the third quarter. Sales in the Philippines grew by a tenth during the quarter, while sales of foreign businesses expanded by 22.1 percent on account of the 21.9 percent growth in China, 15.7

Toyota Group donates P10M TOYOTA Motor Corporation (TMC) of Japan, together with its local affiliates – Toyota Motor Philippines Corporation (TMP) and Toyota Financial Services Philippines Corporation (TFSPH) – contributed

on November 13, a total of P10 million to be used in ongoing relief efforts for the victims of the typhoon “Yolanda.” TMP President Michinobu Sugata conveyed his sympathies to the victims toyota/PAGE B9


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Mindanao Daily B5 NEWS

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Citi sells thrift banking business to BDO Unibank MULTINATIONAL bank Citi is withdrawing from the Philippine thrift lending market, selling its unit to the country’s biggest lender. In a disclosure to the Philippine Stock Exchange, BDO Unibank said has signed a definitive agreement for the acquisition of Citibank Savings Inc. The transaction is still subject to closing conditions and the approval of the Bangko Sentral ng Pilipinas. BDO has one of the largest distribution networks, with more than 790 operating branches and over 2,100 ATMs nationwide.

It also has a branch in Hong Kong as well as 13 overseas remittance and representative offices in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, capital and trust funds under management based on published statements of condition as of June.

THE Bangko Sentral ng Pilipinas (BSP) plans to tighten monitoring of thrift banks, the main source of loans to consumers, whose spending accounts for twothirds of the economy. “C onc ent r at ion i s a

concern to the extent that consumer loans are the single most dominant risk exposure of thrift banks,” BSP Deputy Governor Nestor A. Espenilla said during the membership meeting of the Chamber of Thrift Banks.

“As the economic cycle inevitably runs its course, con su mer f i na nc e w i l l ebb and f low. With that c ycl ic a l it y, so w i l l t he fortunes of thrift banks,” he said. bsp/PAGE B11

BSP tightens monitoring of thrift banks’ consumer loans

EastWest, PBB post healthy profit growth EASTWEST Bank reported a 28% increase in net income to P1.7 billion for the first 9 months of the year, on the back of healthy growth in loans and deposits. EastWest’s total loans jumped 40.6% to P89 billion in the January to September period. The bank said its consumer lending activities grew by 35% to P47.5 billion, as its credit cards, auto and mortgage loans posted double-digit growth. The bank also saw a 37% increase in total deposits to P95.2 billion in the 9-month period, as it expanded its branch network. A s of e nd- O c t o b e r,

EastWest’s tota l branch network is at 347, including its rural branch subsidiary. “Our core businesses continue to grow. Clearly, we are feeling the cost of our branch store expansion. We expect the full cost impact in 2014. While this somehow depresses ROE and ROA this year and next, we remain convinced it will be value enhancing in the future and will put EastWest among the list of major Philippine banks.We are pleased with our current momentum,” EastWest President and CEO Antonio C. Moncupa, Jr. said. Meanwhile, Philippine

Business Bank (PBB) said it posted a net income of P1.002 billion in the January to September period. PBB attributed the strong performance to the growth in deposits and IPO proceeds in February. Total resources reached P4 4 .1 bi l l ion , up 33% from year ago figures. Net interest income jumped 58% to P778.07 million, while total net loan level as of end September stood at P28.2 billion. PBB said total deposits rose 28% to P33.8 billion, on improved ratio of low-cost to high-cost deposit and SDA rates.


B6 Mindanao Daily NEWS

The

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

CAGAYANTIMES de Oro

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

LIFESTYLE

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Krispy Kreme opens today; gives year’s supply of donuts Story by Bong D. Fabe, Photos by Shaun Alejandrae Yap Uy

CAGAYAN DE ORO CITY—So you want a free supply of your favorite Krispy Kreme donuts to last you for a year? Well, all you have to do is make sure you are the first person in line on opening day today (Friday, Nov. 15), at its stand-alone store along Crescent Arcade at the Lim Ket Kai Complex. If you fail to do that, don’t get sad as you can still get a free supply of your favorite mouthwatering freshly baked Krispy Kreme donuts for six months. All you have to do is make sure you are the second person in line today. Well, you say you have errands to do before proceeding to the store; well, if you really want that free donuts, just make sure you make it to third place so you will get three months-worth of donuts for free! But you still can’t make it? Ows! Well, just be one of the first 100 persons in line so you get, at least, free donuts and coffee for a month! Just line up. That’s all. Not enough motivation to get a year’s supply of free donut? Well, imagine this: you get a box of a dozen of your favorite Krispy Kreme donuts every week for 48 weeks or 576 donuts for a year. All for free! Now that got your full attention! Oooops! You’re drooling now. Wipe it! Wipe it! First in NorthMin: What?!? You don’t know what Krispy Kreme is? Lucky you since you are now among the privileged few about to be introduced to this icon of a donut that has for the past 76 years conquered millions of

The World Famous Krispy Kreme Original Glazed doughnut.

A Krispy Kreme CDO staff carefully prepares the Cookies and Cream toppings by chopping bars of Hershey’s Cookies and Cream candy.

aficionados in 21 countries. With over 690 shops worldwide, Krispy Kreme opens its first stand-alone store in Northern Mindanao today. The CDO store is its 4th in Mindanao and 37th in the entire Philippines. It is has a drive-thru, said Nadia Lee Cien Shami, assistant marketing manager and local relationship marketing for Visayas and Mindanao. “This drive-thru is our way of saying ‘welcome’ and ‘thank you; allow us to serve you better’ to our loyal customers who for years have not failed to seek us out and bring boxes-full of Krispy Kreme donuts as pasalubong back home when they visited Manila,” she said. “This will also allow our loyal customers who are always on the go, those who are always on the road, to just drive through and eat their favorite Krispy Kreme donuts on the road,” she added. Krispy Kreme, which opened its first store in the US in 1937, first gave Filipinos a taste of its mouthwatering freshly-baked delicious donut six year ago. And believing the Filipinos have a “naturally soft spot for sweets,” Krispy Kreme expanded to the Visayas and Mindanao area in 2011 and 2012 in the cities of Cebu and Davao. Shami, who represented the Philippines in the Miss International pageant in 2007, told this writer that Krispy Kreme’s giving a year’s supply of donuts to the first person in line is just “keeping our tradition alive.” “We have been doing this for a long time and it has become our tradition everytime we open a new store. This is not just a marketing gimmick but a part of who we are as Krispy Kreme,” she said. Unlike other donut store, Krispy Kreme-CDO guarantees freshness since is it considered a “factory story” as the donuts are baked right inside the store. In

fact, customers will see how their donuts are made — from dough to their table. For the night owls, the store is open from 8am to 2am. And for those who have children, fret not, as your kids will surely love Krispy Kreme’s store since the store welcomes children and keep them occupied with the “make/decorate your own donut” corner while adults are having a meeting or a conference. “We very much welcome and cater children in our store. In fact, we welcome teachers who want their students to know how donuts are made and decorated. We will give them a tour here in the store,” April Stephanie Elumba, assistant marketing manager, said. #BeStrongPhilippines: While donuts are generally oval-shaped, Krispy Kreme’s are heart-shaped. Not in the literal sense, though. Elumba said that another of Krispy Kreme’s tradition is supporting community and social projects. “This is our way of giving back to the communities that have given us so much,” she said, adding that support is what is needed by the Philippines right now, citing the recent killer earthquake- and the devastating TS Yolanda-ravaged Visayas region. “Workers and volunteers also need to recharge. And one of way to perk them up is with our yummy Krispy Kreme donuts,” Shami said. Elumba, on the other hand, urged organizations which have projects and programs in the communities to just contact them and tell Krispy Kreme how it can help and “we will readily extend a supporting hand to them.” For that and to show its heart, Krispy Kreme created the hash tag BeStrongPhilippines!


friday | november 15, 2013

The

Mindanao Daily B7 NEWS

CAGAYANTIMES Manila’s Premier Night Food Market Makes Its Way To Ayala’s Centrio Mall, CdeO Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

M

ercato Centrale, the popular food and lifestyle market from Metro Manila, will be bringing its food-tripping experience to Ayala Mall’s Centrio, Cagayan de Oro with MERCATO DE ORO starting December 7 (Saturday)! Mercato de Oro will feature a night food and entertainment market every Friday and Saturday (4pm3am) and a morning gourmet food and ‘fresh and organic’ market every Saturday (7am-2pm). MERCATO DE ORO is managed by the Mercato Centrale group, which has successfully organized food markets in key Ayala Malls locations around Metro Manila which include MidnightMercato in Bonifacio Global City (The Fort), Taguig, Mezza Norte in Trinoma Mall, Quezon City and Cucina Andare (the first food truck market in the Philippines) in Glorietta Mall, Makati. “We are excited to bring the successful formula that has made the Mercato Centrale group of markets such a hit among Metro Manila foodies: A variety of great-tasting, innovative and affordable food choices, a selection of fresh, natural and organic fruits, produce, meats and seafood, gourmet and artisanal food and pastry products, unique arts and crafts, live acoustic entertainment and a festive atmosphere!” shared Anton Diaz, co-founder of Mercato Centrale and the award-winning blogger behind the most popular food and travel blog in the Philippineswww.OurAwesomePlanet. com. “It’s free entrance as well! This is why the Mercato Centrale markets have become very popular foodie destinations for Manilenos, balikbayans and tourists.” Anton added. “MERCATO DE ORO will be food and lifestyle market where the home-grown entrepreneurs of Cagayan

de Oro

FEATURE

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

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

de Oro, Bukidnon, Iligan, Ozamiz, Pagadian and the other neighboring provinces can showcase their local cuisine, specialty dishes, fresh and organic fruits, vegetables, meats and seafood, and locally-made arts, crafts and collectibles” shared RJ Ledesma co-founder of Mercato Centrale and a TV host for GMA News TV’s Best Men (who was more popularly known as Joey in the Royal Tru-Orange series back in the eighties). “We are also bringing over the best-selling food vendors from our Mercato markets in Manila to be part of MERCATO DE ORO.” RJ said. “We are also looking for the next big food entrepreneur from Cagayan de Oro who wants to bring his business to the next level!” said Anton. “The Mercato markets have been the birthplace of many expanding Manila food businesses like Manang’s Chicken, Merry Moo Premium Ice Cream and Chuck’s Grubberie Fish and Chips. In fact, one of our pioneer vendors, Mochiko Ice Cream, already has a branch here in Centrio!” MERCATO DE ORO is located at Ayala’s Centrio Mall, Cagayan de Oro. The night market will be open every Friday and Saturday (4pm-3am) and the morning market will be open every Saturday (7am-2pm) starting December 7 (Saturday). For interested food and bazaar vendors from Cagayan de oro, Bukidnon and the surrounding provinces who want to join MERCATO DE ORO, please contact (+63 917) 840-1152 or (+632) 812-0102 or email admin@ mercatocentrale.ph or visit www. facebook.com/mercatodeoro. You can also pick up an application form at the administration office of Ayala’s Centrio Mall.

RJ Ledesma co-founder of Mercato Centrale and a TV host for GMA News TV’s Best Men (who was more popularly known as Joey in the Royal Tru-Orange series back in the eighties) shared how Mercato Centrale has helped springboard food businesses in Manila, and that Mercato is where they started to test their products to the dining public. He is hopeful that Mercato de Oro at the Centrio Ayala Mall here in the city will bring out more and more entrepreneurs. RJ Ledesma and Mercato co-founder Anton Diaz are in Cagayan de Oro, November 14 for a media launch at the Thai Me Up restaurant, Capistrano Street.

Photo by SHAUN ALEJANDRAE YAP UY

Anton Diaz, co-founder of Mercato Centrale and the award-winning blogger behind the most popular food and travel blog in the Philippines www.OurAwesomePlanet.com, shared to the CdeO Media his insights on the concept and how Mercato de Oro will come about in Cagayan de Oro City at the Centrio Ayala Mall. Accodring to him, it’s really about the taste and uniqueness of the dishes are what they are looking for and every vendor to pass the taste test. He also noted that there should be no “false marketing” in terms of selling your food to the dining public.

Photo by SHAUN ALEJANDRAE YAP UY


B8 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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Mindanao Daily B9 NEWS

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Business... from page B2

this city. He noted that as early as Thursday last week, all trips of roll-on, roll-off vessels and sea fast crafts plying the Bacolod-Iloilo route and vice versa were suspended by the Philippine Coast Guard, resulting to an estimated loss in revenues of tens of millions of pesos. Also, business establishments in this city were closed while power and ser vices were down last Friday that lead to lost revenues reaching hundreds of mi l lions of pesos, including loss of livelihood and subsistence of informal settlers. By Monday, business operations here have normalized, but supply of power and water were only partially restored. Due to typhoon “Zoraida”, public storm warning signal No. 1 was raised Monday in t he cities of Bacolod and Iloilo again putting on hold trips of roll-on, roll-off vessels and fast crafts. This resulted to loss in revenues amounting to tens of million of pesos, Carbon added. Record s of t he Cit y Department of Social Services a nd Development show about 110,000 Bacolodnons were displaced by typhoon “Yolanda”. A total of 22 houses were totally damaged and 392 were partially damaged in Bacolod.(PNA)

LTE...

from page B2

f. PLDT office, Tacloban City 2. Northern Cebu a. Express Call Office, Bogo City Proper b. Smart cellsite in Poblacion, Sta. Fe c. Maridejos Municipal Hall 3. Capiz a. Outside City Hall of Roxas City 4. Eastern Samar a. Guiuan airport b. Smart cellsite in Borongan 5. Palawan a. Town proper in Coron The public may also proceed to the following locations to charge their mobile phone batteries: 1. Smart Store in Ormoc City, Leyte 2. Smart cellsite in Sta. Fe, Cebu 3. Smart cellsite in Madridejos, Cebu 4. Municipal hall in Madridejos, Cebu 5. Express Call Office, Bogo City Proper As the companies work in providing direct assistance to companies affected by Typhoon Yolanda, a free allnetwork and international SMS bundle offer has also been provided to Smart, Sun and Talk ‘N Text subscribers. Starting today, the free SMS bundle, comprised of 25 all-net text and three international text messages are being automat ica l ly

pushed to subscribers daily for five days until November 17. The ser vice does not require any registration. The offer is initially available in hard hit areas Ak lan, A nt ique , C api z , L e y te , Northern Cebu, Palawan and Samar, where an estimated five million subscriber base stands to benefit. Smart also announced that it has partnered with popular social networking and micro blogging service provider Twitter in offering free Twitter updates via text to communities in hard-hit areas. A s p a r t of a g lob a l philanthropy call of the Un ite d Nat ion s , Sma r t with its mobile financial services subsidiary Smart e-Money, has partnered with four leading global mobile airtime remittance hubs that interconnect mobile operators’ prepaid systems to deliver internat iona l donations via mobile. These are Transfer To, Tranglo, www.exetop.com, and Aryty, which together cover more than 250 partner mobile network operators in 90 countries. To c o n t r i b u t e t o a disaster relief communities deva st ated by Ty phoon Yolanda, mobile subscribers can just key-in +63-999-7000-000 (12-digits) as the beneficiary mobile number fol low i ng t hei r mobi le service providers’ airtime top-up mechanics. This f und-ra ising prog ra m w i l l last u nt i l December 31, 2013 to allow mobile subscribers in over 40 countries to donate mobile airtime at a maximum of US$10 a day. Count ries such as Australia, Bahrain, Belgium, Brunei, Canada, Denmark, Finland, France, Germa ny, Great Brita in (United Kingdom), Greece, Hong Kong, India, Iran, Ireland, Israel, Italy, Japan, Jorda n, Kuwa it, Macau, Malaysia, Netherlands, New Zealand, Nicaragua, Norway, Oman, Qatar, South Korea, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Taiwan, Turkey, United Arab Emirates, and the Vatican City, among others. All airtime donations generated will be credited to the Philippines relief drive using SMART BayadLoad (pay via load) and subsequently credited to the Philippine Disaster Recover y Foundation (PDR F) current account with the state-owned Land Bank of the Philippines. The PDR F is one of the three identified institutional conduits approved by the B SP toge t her w it h t he D e p a r t m e nt o f S o c i a l Welfare and Development and the Philippine National Red Cross. Depend i ng upon t he procedures of the MNO in the country where the donations are originating from, charges w i l l b e de duc te d f rom t he subscriber’s prepaid ba la nce. To lea rn more about t h is , plea se v isit http://brickbybrick.pdrf. org/yolanda/

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

Home... from page B2

International, a fishing vessel owned by local firm RD Fishing Industries (RDFI). RDFI is owned by the family of City Mayor Ronnel Rivera, who assisted the repatriation of the fishermen through his aid group Ronnel C. Rivera or RCR Foundation Inc. The initiative was facilitated by the Bureau of Fisheries and Aquatic Resources, RDFI and the Philippine Consulate in Manado, North Sulawesi province in Indonesia. Tan said the repatriates ma i n ly ca me f rom t his city, Sarangani Province, Polmolok town in South Cotabato and Davao City. He said the 35 fishermen were crew members and staff of three fishing vessels from the area that had ventured into Indonesian waters, specifically off Bitung in North Sulawesi. The f ishing boats, which were apprehended by patrolling Indonesian naval personnel, were identified as Indra Jaya, Little Angel and Golden Angel. “Most of the repatriates were detained for t hree months before they were released and brought to the consulate in Manado,” Tan said. “The apprehended fishing boats had no license to operate in Indonesian waters and that’s a problem also being faced by some fishing operators here,” he added. The repatriated fishermen were identified as Danilo Tamayo Jr., Julito Herda, Danilo Tamayo Sr., Janel Pena les, A l Bacas, Ruel Granaderos, Rolly Rulete, Den nis Ta mayo, Rena n Lupaz, Richard Bayot, Lucerio Angub Jr., Sotero Granaderos, Rodelo Bangalan, Faustino Villaceran, Cresencio Balaod Jr. , A r n ie l We nc e s l a o, Bernabe Berondo, Mohalimin Gunting, Boyet Layasan, Rowen Alibango, Luciano Baguio Jr., Jebot Madanding, Carlito Palma, Muharidin Abas, Racel Jhun Villamera, Riel Bacas, Jonathan Garcia, Jestoni Sardillo, Dino Sajot, Deolito Ortega, Jandel Lariba, Milfredo Daya, Jimmy Liston, Enecito Alvino Jr. and Roldan Dellumes. The City Social Welfare and Development Office provided relief assistance to the repatriates and facilitated their return to their homes. In the last three years, the RCR Foundation already facilitated the release and repatriation of around 300 fishermen from Indonesia. The group is currently working with the consular office in Manado regarding the status and the possible repatriation of ot her fishermen from this city and the neighboring areas who are still languishing in various jails in Indonesia. (MindaNews)

Jollibee... from page B4

January to September period, or 12.4 percent higher than

the P66.92 billion in the same period in 2012. JFC said the impact of ‘Yolanda’ on the group was “manageable,” describing the property damage on its company-owned stores as “not significant.” A total of 23 companyowned and franchised stores, representing 1.1 percent of he Jollibee group’s total store network in the Philippines, were not operating as of We d n e s d a y d u e t o a combination of property damage and disruption of product supply. JFC a nd t he Jol libee Group Fou nd at ion a re participating in efforts to provide relief to the victims in coordination with the Department Social Welfare and Development and various private institutions. The Jollibee group opened 137 stores across all brands in the first nine months of the year. JFC operates the largest food service network in the Philippines with 2,121 stores at end-September. It had a network of 2,121 stores in the country comprising the flagship Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal and Burger K ing. It had 575 stores abroad, including Yonghe King, Hong Zhuang Yuan, San Pin Wang and Chow Fun. JFC has a 50 percent interest in joint ventures for Highlands Coffee (Vietnam and Philippines) at 77, Pho 24 (Vietnam, Indonesia, Philippines and Japan) at 60 and Sabu (China) at six.

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from page B4

CAMIGUIN BRANCH v ictB.ims of t he t y phoon Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 saying, “It is with deepest CORRALES BRANCH regret that the recent typhoon Corrales Ave., Cagayan de Oro City has taken so many lives and DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. has caused destruction Velez St., great Cagayan de Oro City # (088) 857-3631 in manyTel. communities in the LAPASAN BRANCH country. It is our hope that Lapasan Hi-way, Cagayan de Oro City # (088) 231-6739 Toyota’sTel. assistance will help CARMEN BRANCH many Filipinos to start Vamenta Blvd., Cagayan de Oroanew.” City Tel. # (088) 231-2011 Continuing its advocacy in social contribution, Toyota and its affiliates are one with the Philippines in rebuilding communities in calamitystricken areas. TMC (Japan) is the mother company of Toyota companies worldwide. TMP is the local automotive manufacturing company in the Philippines, while TFSPH is the domestic firm serving Toyota customers t h rou g h f i na nci ng a nd leasing services. The P10 million donated by the Toyota Group is part of the P50 million donation announced by the Metrobank group for the relief and rehabilitation of typhoonravaged areas in the Visayas.

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

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B10 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

friday | november 15, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Roderick Paulate and Amy Perez believe that Filipinos will surpass recent disaster Roder ick Pau late a nd A my Perez remain optimistic that the Philippines will recover from the massive tragedy brought by typhoon Yolanda. “Alam natin kasi kung paguusapan natin ‘yung mga nangyari, I think everybody is affected kung ano ang nangyayari sa bansa natin. Ang dami nating challenges pero we are known Filipinos to be resilient people, magsu-survive tayo. Alam ko mahirap ‘yung nangyayari pero huwag nating kalimutang tumawa kasi ganon tayong mga Pilipino, masayahin tayo.” Roderick said. “Diyan bilib sa atin ang ibang

bansa na kahit anong unos ang mangyari kaya nating i-comfort ang isa’t isa, na kakayanin nating tulungan ang bawat isa at pwede nating paligayahin ang isa’t isa,” Amy added. The comedian-hosts understand the gravity of the situation but they believe that Filipinos will rise above this catastrophe. “Nakakalungkot, heartbreaking, nakakaawa, but alam mo ang mga Pilipino pag nagkakaroon ng ganyan don tayo mas lalong nagiging united and at the same time makikita mo ang mga Pilipinong nakatayo, hindi tayo

clifford’s

Daily HOROSCOPE AQUARIUS (January 20 – February 18) - You make a hot discovery that should keep you amused and entertained long into the night -- and maybe for weeks, months or years to come. Your brain power is even more fierce than usual. PISCES (February 19 – March 20) - A clever forgery turns your day into a weird mystery -- but it likely isn’t a criminal conspiracy. You need to make sure that you get all the facts before you make any final decisions! ARIES (March 21 – April 19) - Your cultural leanings are accentuated, thanks to your terrific personal energy today -- so get out there and hit up a gallery or make a splash at a concert or some other event. You can do this! TAURUS (April 20 – May 20) - Take your time reaching decisions today -- you’ve got to look through all your options before you lock yourself into anything. It’s one of those days in which everything can work out well. GEMINI (May 21 – June 21) - Your distant contacts are making life more interesting so pay more attention to those on her fringes than those you see every day. Life can get even better as long as you keep your people together. CANCER (June 22 – July 22) - Try to keep your emotions in check today -- but that may be hard! Your emotional energy is not really up to the challenge of the days ahead, but you can always improvise successfully.

sanay na nakababa, ang mga Pinoy laging tumatayo at lumalaban,” Roderick stated. Both are praying for strength and hope for the victims in the Visayan region where the typhoon hit hard. “Nung una kong nakita talaga [ang destruction] naisip ko ‘yung pakiramdam ng isang nanay na siyempre iisipin mo na sasagip ‘yung ilang mga anak mo ‘yung asawa mo at in that instant nawalan ka ng asawa, nawalan ka ng anak, sobrang heartbreaking so we pray for all of them for comfort and strength na sana at this point

maramdaman nila,” Amy said. Amy and Kuya Dick are set to host the return of The Singing Bee which they promised would bring smiles to people. “Maraming aabangan, aabangan ang pagbabalik namin ni Amy, aabangan din natin ‘yung game na mapapanood nila ulit, may mga bagong aabangan din sila kasi nandito na rin ang ating mga ‘Song Bees’ na from The Voice of the Philippines,” Kuya Dick said. Catch The Singing Bee on November 16, Saturday, after It’s Showtime on ABS-CBN. push.abs-cbn.com

Mindanao Daily News’

-MovieWatch-

Social Section If you like to greet your friends or just wanted to have some text mates through our publications, just text this number : 09269919077 or you can message it to our FB Fan Page ( Mindanao Daily Fan Page ) -- hi po. pwd henge po nang txmit yung mabait. no age limit. im 23 yrs old. ako d i c james. .here my # 09269512756. -- hi poh gudpm hanap poh ako ng txtmate babae ung 30yearz old above ako pala si nonoy tnx paki post number ko. (09263423630) -- Hai gud eves .. kris diay koh . ngau lang unta kog mga text frnd .nOte:bawal menyo ,nay uyaB,25 paubOs lang. grL diay ko 16 akoa age. Kana lang mga tarung ug u2k .ha. .ayaw lang ng mga bstOsan .. slamat. tnx and mOre pOwer (09363154285)

-- hi hanap aq txtm8 (09155810224) -- Hai kuya greet ko ,xa akng bossng ,na c abner malate, ravin po ito. -- Gud’aftie MDN ngau unta q txmate knAnG girl 20 to 25 aq d.i c Charles mAo ni aq # 09061586245 tnxs... -- Hai aung ud2 ,pwd ngau txt m8 ‘buotan og gwapo ,..Lady gaga diay ni from kabacan cotabato.Gdblz pou. (09168570984)

CIRCLE A WORD top team

alex ferguson beckham berg butt cole culkin football giggs

goalkeeper header irwin keane linesman manager manchester neville

old trafford referee scholes sheringham silvestre solskjaer stadium stam

substitute touch united van der gouw winger yorke

It tells the story of affable underachiever David Wozniak, whose mundane life is turned upside down when he finds out that he fathered 533 children through sperm donations he made twenty years earlier. In debt to the mob, rejected by his pregnant girlfriend, things couldn’t look worse for David when he is hit with a lawsuit from 142 of the 533 twenty-somethings who want to know the identity of the donor. As David struggles to decide whether or not he should reveal his true identity, he embarks on a journey that leads him to discover not only his true self but the father he could become as well.

DELIVERY MAN release date:

N ovember 22, 2013

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

of the same digit.

Yesterday’s Answer

LEO (July 23 – August 22) - You’re pretty flexible most days, and today you’re able to bend like a willow. Your great mental energy helps you to change your mind about something big that has been bothering you lately. VIRGO (August 23 – September 22) - Your sense of purpose is fully engaged today -- so make sure that you’re not just spinning your wheels. If you’re not doing something that’s meaningful to you, then you have got to move on. LIBRA (September 23 – October 22) - Today is all about relationships -- and not just yours! You may be able to affect your friends’ or relations’ partnerships for the better without giving up too much of your terrific energy! SCORPIO (October 23 – November 21) - Keep an eye on your vital signs today -- if anything seems out of the ordinary, it may be time for a health evaluation or just an adjustment in your lifestyle. Eat better, sleep more or take the stairs. SAGITTARIUS (November 22 – December 21) Kids are on your mind today -- maybe yours are making life sweeter, maybe you are considering diving into the pool or maybe there’s one on your flight wreaking havoc with your sleep! CAPRICORN (December 22 – January 19) - Safety should be your primary concern today -- even more so than usual! It’s a good time for you to check fire alarms, ask the right questions of landlords and others and just keep your eyes open.

Amazing Facts! Did you KNOW?? .. Humans are the only mammal that cannot swallow and breathe at the same time. You just tried to do it, didn’t you? The reason for this is that humans’ voice boxes are unusually low in their throats compared to other animals. In turn, this allows our voices to resonate much more, which allows for us to produce such a wide variety of sounds!

CROSSWORD puzzle across 1. Private teacher 5. Scorch 8. Units 9. Simpleton 11. _Tin Tin 12. Triumph 14. Therefore 15. Cipher 17. Beginning 19. Little one (suffix) 20. Quarantine 22. Fasting period 24. operandi 27. Crescent 28. Uniform 30. Preposition 31. Russian government 33. Beak 34. Showy flower

35. Rank and_ 36. TV host Pimentel 37. Document DOWN 1. Human trunk 2. Confederation 3. Five and five 4. Osmium symbol 5. Nata de_ 6. Peppery 7. Terminated prematurely 9. Tax agency (abbr.) 10. Unit of force 12. Interdiction 13. Groove 15. Gusto 18. Wholehearted 19. British school 21. Prayer ending

22. Body of water 23. Do wrong 25. Useful 26. Not drunk 28. Otherwise 29. Compete 32. Cleaning implement 33. Bite 35. Musical tone

Yesterday’s Answer


Mindanao Daily B11 NEWS

friday | november 15, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Damages...

Donates...

latest figure is nearly double the P3.7 billion the agency reported earlier. According to Agriculture Secretary Proceso Alcala ‘Yolanda’ lay to waste 134,085 hectares of farmland, of which 81,056 hectares were planted to rice. The typhoon destroyed 137,225 metric tons of palay worth P2.23 billion. I n We ster n Vis aya s , two of the biggest sugar mills in Negros Occidental reported losses of almost half a million bags of sugar from the super-storm. A lc a l a s a id E a s t e r n Visayas, which produces fifth of the country’s coconuts, incurred P1.49 billion in losses as coconut trees were practically uprooted and felled by the 315kph speed wind of typhoon Yolanda. Coconuts are t he country’s top agriculture expor t a nd comprises a fourth of the Philippines’ merchandise shipments. T he f i sher ie s s e c tor incurred P1.15 billion in losses, followed by the corn industry, with 9,061 hectares laid to waste, destroying 9,452 metric tons worth P117.41 million. The damage to irrigation faci l it ies reached P1.01 billion. In light of t he heav y toll on Eastern Visayas, the National Food Authority (NFA) is shipping grains f rom its wa rehouses i n Central Visayas. “Food items w i l l be moved from the production a reas to a f fected places ut i l i zi ng DA-suppor ted market mechanisms such a s t h e B a r a n g ay Fo o d Terminal/LGU food trading centers,” said Alcala. “Functional food warehouses w ill a lso be utilized for food stocking,” he said. Besides rice, the government is sending six refrigerated vans -- three from Manila and Baguio and anot her t hree from Albay -- containing frozen chicken, potatoes a nd other vegetables to Eastern Visayas. Non-refrigerated vans containing eggs and other dry items would also be sent to Eastern Visayas. The DA will deploy the Bureau of Fisheries and Aquatic Resources’ 1,200ton ve s sel a nchored i n Cagayan de Oro, as well as smaller ships to ferry food items. Apa r t f rom it s ow n equipment, the government has tapped San Miguel Corp to provide poultry supply. Alacal said the Philippine Coconut Aut horit y w i l l distribute chain-saws for clearing operations, using id le lab or i n t y phoonravaged areas to man the equipment for P300 a day. As for municipa l fishermen, the government will provide 1,300 fishing boats equipped with fivehorsepower engines and nets. –with InterAksyon

allow New Jin Hua Mining Corporation in Impasug-ong, saying the company is engage only in small-scale mining act iv it ies a nd pract ices what is called “responsible mining.” Besides, the company was already given a permit by the Mines and Geosciences Bureau to operate, which means that it has complied with all environmental and other pertinent national laws. “We have national laws to comply with and we in the local government have no power to break such national laws,” he said. Aside from giv ing school buildings to public schools here, the mining company also engages in tree planting in support of the Environment department’s National Greening Program (NGP). For this purpose it has signed a MOA wit h t he Municipal Government of Impasug-ong and DENR for the Establishment of Nursery for seed ling production for public distribution as support to the NGP with the Establishment of a Tree Plantation here. Since t he start of its operation here in 2006, New Jin Hua Mining Corporation has already planted more than 30,000 trees of various species. Okinlay said that the tree planting activities of t he mining compa ny is also in compliance with his administration’s strict i mplement at ion of t he pertinent environmental laws, especially his very own Environmental Protection and Preservation Program.

from page B1

from page B1

Shopwise... from page B1

Mindanao with the opening of the Shopwise Cagayan de Oro at the LimKetKai mall tomorrow (Nov. 16). As part of its opening s a lvo, Shopw i s e — t he highly successful brand that pioneered the hypermarket concept in the Philippines — offers free loyalty cards to shoppers through it’s the Wise Club. “We will be giving away Wisecards for Free on Nov. 16 & 17, so local residents should really take advantage of this limited offer and get their cards then,” said Aggie G. Artadi, Shopwise marketing director. Wise Club cardholders/ members get rebates, f r e e bi e s a n d e x c lu s i v e offers all year-round. With a Wisecard, members earn 1 point for every peso that t hey spend in Shopw ise stores. Accumu lated poi nt s a re g iven i n t he for m of rebate s , wh ich cardholders can use to pay for succeeding purchases, which means that the more cardholders shop, the bigger the savings they get. Artadi said that shoppers can also expect a wide array of quality merchandise at affordable prices, fast and friendly service, and a fun-

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

filled shopping experience t h at i s ve r y d i s t i nc t l y Shopwise. “Shopwise is also known for its strong promotions, and we have prepared a line-up of festivities and promotional activities for our Kagay-anon customers, and shoppers from all over M i nd a nao, to enjoy on opening weekend. O n O p e n i n g D ay, a m i n i mu m pu rc h a s e of P500 wor t h of any item entitles shoppers to avail of t he fol low i ng of fers: B u y-1-Ta k e -1 d e a l s on Surebuy Vegetable Oil for P79, and on Intex Neo Plus Cellphones for only P1,099. Customers can also get a 5-kilo pack of Sinandomeng Premium R ice for P199, one kilo of Ground Beef for P138, 20% of f on 12 r ol l s of 3 -pl y Su re bu y Premium Bathroom Tissue at P137, and more. Plus, we will also be holding a Purchase-w it h-Purchase Promotion (PWP) where, for a minimum purchase of P1,000 worth of any item, customers get the chance to purchase products at super d iscou nted pr ices, l i ke, Perfect Soft n’ Fit Sanitary Napkins with Wings 10s for P1, or a 1 liter bottle of SureBuy Patis or Soy Sauce at P5, or ½ kg SureBuy Washed Sugar at P10 only. Shopwise, located at the 2nd Level of the East Annex Building, Limketkai Mall, Limketkai Center — the first commercial complex in the city — will open its doors to the public at 9 am tomorrow. It will be offering a f u ll-line supermarket, modern wet market and general merchandise spread across its gross selling area of 5,000 square meters for everyday great deals, big savings and value on a wide selection of fresh goods and produce, groceries, fashion items, health and beauty products, school supplies, toys, gadgets, home accessories, electronics, appliances and more, all under one roof. Shopwise-CDO is the 12th Shopwise store of the Rustan Supercenter, Inc. and the first in Mindanao. Shopwise first opened in Filinvest-Alabang, Manila in 1998 and since then has become the preferred onestop shopping destination of millions of value-conscious customers. Its opening in Mindanao i s t he s e cond t i me t he Rustan Supercenters, Inc.operated Shopw ise w i l l venture outside the National Capital Region (NCR). It opened its 11th branch in Cebu City last year, adding to its grow ing branches in Alabang, Makati, B a g u mb ay a n , A r a ne t a , Antipolo, Manila, Sucat, Commonwealth, San Pedro and Sta. Rosa in Laguna. “We are ver y excited t o b e e s t a bl i s h i n g ou r presence in Mindanao and confident that the entry of the Shopwise brand will further stimulate business and economic growth in the region,” said Bienvenido

“Donnie” V. Tantoco III, Rustan Supercenters, Inc. president. Tantoco said they have chosen Cagaya n de Oro Cit y to put Shopw i s e’s f i rst M i nd a nao br a nch i n because of t he cit y ’s strategic location being the gateway to other cities and prov inces in Mindanao, aside from being a highly progressive city.

BSP...

from page B5

Wit h t he Ph i l ippi ne economy growing the fastest among Asean 5 members, the country’s savings should increase, with part of this re de ploye d to lend i ng , Espenilla said. “This pattern in deposits and loans is precisely what we see today. Thrift banks stand to benefit from the general market upswing,” he said, adding that half of the credit exposure of thrift lenders is in consumer loans. Add to t hat c ycle of deposits fueling more loans is the huge segment of the population that is young, the BSP expects consumer loans to increase through 2025. “With the median age projected to increase only slightly to roughly 26 years old by 2025, t he f uture demands for housing, credit cards, auto loans and home appliances, among others,” Espenilla said. A m id t he s e g row t h opportunities, Espenilla warned against two issues: concentration and contagion. “I should make it clear that we are not suggesting that consumer finance is too risky or an undesirable exposure. Rather, we simply remind that the ultimate issue is how banks manage their risk exposures,” he said. “The fact that it is the largest exposure of thrift banks only highlights the critical need to carefully manage the potential risks in this area and not be too sanguine. With half of your credit ex posu res i n consu mer loans, funding liquidity is critical. This is needed it for gapping real estate and auto loan portfolios as well as for financing credit card receivables,” Espenilla said. Citing the results of the BSP’s liquidity tests, Espenila said there exist “pockets which may need further monitoring” despite ample liquidity. In this regard, the central bank plans to “refine its liquidity stress scenarios beyond the current analysis of asset-liability maturity mismatches,” he said, citing the incorporation of “notional haircuts on valuations and run-off rates on liabilities, as well as the interaction between credit and liquidity risks.” “These are our top focus going into 2014 in enriching the stress scenarios we now actively rely on to help us plan for contingencies,” Espenilla said, adding that these form part of the regulator’s shift from Basel 1.5 to Basel 3 by January.

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B12 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

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friday | november 15, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

GOLDLIFE welcomes Patrick Zuñiga for ULTRA-CEE

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oldLife Distribution Phils. Inc, the fastest growing Filipino network company that provides best opportunities for good life and better health, formally announced the arrival of MLM’s iconic guy Patrick Zuñiga as the latest addition to GoldLife’s team. The company said the involvement of Zuniga in joining GoldLife is considered to be the biggest and explosive move of the company for this year. The event was followed by the grand launch of their latest product—ULTRA-CEE. The new ULTRA-CEE is a sodium-ascorborate and alkaline form of high quality Vitamin C, which helps detoxify and strengthens immune system of our body. The product is supplied by Royal DSM—a global science-based company active in health, nutrition and materials. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, pharmaceuticals, medical devices, life protection, and bio-based materials. One of the major advantage of ULTRA-CEE is that each capsule contains 1000-mg of vitamins which can be taken daily to boost immunity. For daily maintenance, you can take 1 to 2 capsules. In case of cold symptoms, one person can take 2 to 3 capsules daily. The product can be given as is or can be dissolve in fruit juices, water or beverage of choice. GoldLife is committed to bring more research products to all Filipino’s who wanted to achieve healthy and abundant life. The company is working to expand its business not only in the Philippines, but also in Southeast Asia. To know more about ULTRA-CEE, you may call Goldlife office at (02) 4100-100 or log on at www.goldlifeinc.net.

TOAST TO NEW BEGINNING. (from Left) Patrick Zuñiga, managing consultant of GoldLife; Dennis Balajadia, president and CEO of Dragon Edge Group; Dick Balajadia, president of GoldLife; Dr. Lloyd Balajadia of Lloyd Laboratories; May Morales, marketing manager of GoldLife; Zenaida Balajadia, chairperson of Lloyd Group of Companies; Mars Balajadia, vice president of DM Group; Subea Castro, chief finance officer of GoldLife; Ferdinand Ledesma, operations manager of GoldLife; Irene Banguilan, CS and network development officer of GoldLife; Dianne Medina, member of GoldLife; and Jodhie Hizon, training manager of GoldLife.

Up to 70% on luxe finds at SM ACCESSORIES’ PRIVADO SALE

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hristmas comes early for Manila’s stylish set, who can avail of great discounts from over 100 luxury brands in the SM Accessories Privado Sale from November 14-17 at all SM Stores nationwide. During the 4-day sale, shoppers can get up to 70% discount on branded watches, sunglasses and jewelry – up to 50% on participating brands, and an additional discount of 20% for SM Advantage, SM Prestige, BDO Rewards, and Mom Card Members. Great for gifts for giving one a stylish treat, luxe finds include aviator sunnies to casual timepieces and from fine jewelry to sporty watches. The SM Accessories’ Privado sale will take place from November 14 to 17 at The SM Store in SM City Cagayan de Oro. Sleek and chic Gucci sunglasses

Classic Tommy Hilfiger watch for women

Masculine appeal: Black Police watch


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BusinessWeek Mindanao (November 15, 2013) by Mindanao Daily News - Issuu