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BusinessWeek Mindanao (November 1, 2013)

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MINDANAO DAILY NEWS SECOND SECTION

Friday - November 1, 2013

BusinessWeek MINDANAO

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Food makers seek for more agri investments

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Market Indicators

As of 6:03 pm oct. 31, 2013 (Thursday)

FOREX

PHISIX

US$1 = P43.21

6,585.38 points

20 cents

X

11.83 points

X

Briefly Bagwis Award A TOTAL of 25 business establishments in Northern Mindanao bagged the Depar tment of Trade and Industr y ’s (DTI’s) Bagwis Awards during its ceremony on October 30. DTI region 10 Lawyer Fel Lester Brillantes said Bagwis Award is awarded to business establishments that adhere to strict consumer laws, having consumer welfare desks and giving quality customer care to clients. He enumerated 11 bronze awardees in the region namely: Hi-Top Electrical & Electronics Center, Shopwiser Supermarket, JRS Business Corporation, R. Dy Store, Cham’s Convenience store I (San Miguel, Iligan City), Cham’s Convenience Store (Tubod, Iligan City), MTZIA Corp. (ILICOMM), CT Shoppers, Unite General Merchandise, Special Appliance Plaza and Des Appliance Plaza, Inc.

Investment plan MATI City -- Priority development projects were outlined in Davao Oriental’s proposed P175 Million Annual Investment Program (AIP) for 2014 presented during the recent Provincial Development Council Meeting held in Mati City. To be sourced out from the 20% Local Government Development Fund (LGDF), the set of programs, projects, an d ac t i v it ies p o i se d for implementation nex t year focuses on the economic, social development, and the environment sectors. The biggest allocation is the investment for economic support such as the rehabilitation of roads, bridges and other infra support facilities.

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By DANIELLE VENZ, Contributor

OOD manufacturers are pushing for more investments to boost the agriculture sector and enable it achieve a 10-percent export growth in 2014 and meet rising local demand. Philippine Food Processors and Exporters Organization Inc. (Philfoodex) president Roberto Amores said the country has valueadded goods like mango products and fresh bananas that are in-demand abroad. “(And) China has a program to buy $150 billion worth of food in the next five years. That will impact in the demand in the Philippines,” he said. Amores said the local requirements for agricultural products are also growing, driven by influx of tourists. “The consumption patterns of food services and hotels and the changing habits of the domestic consumers have expanded the demand of agricultural products. So we need to continue producing raw materials in order FLOWERS FOR THE DEAD. Flowers of all kinds are sold near the Cogon public market in Cagayan de Oro as vendors anticipate brisk sales in the coming days as relatives bring offerings for their to address this demand,” he said. departed relatives for the Nov. 1-2 holidays. mindanews photo by froilan gallardo makers/PAGE 23

Nickel Asia builds 10-MW Study says Agribusiness road map power plant for Surigao coop should spur shift to high-value crops SUR IGAO del Norte -Publicly listed Nickel Asia Corp. (NAC) has signed an agreement with the local power distributor here for the construction of a 10-megawatt bunker fuel power plant. In a disclosure to the Philippine Stock Exchange (PSE), Nickel Asia said a power sa les agreement (PSA) had been sea led with Surigao del Norte Electric Cooperative Inc.

(SURNECO). Under the terms of the PSA, NAC has agreed to construct, operate and maintain a bunker-fired power stat ion u nder a bu i ld-operate-t ra nsfer scheme a nd to supply electricity to SURNECO. SUR NECO provides electricity to its coverage area consisting of the City of Surigao, 11 mainland municipalities of Surigao builds/PAGE 23

Greater promot ion a nd suppor t is bei ng g iven services and manufacturing to raise Philippine global competitiveness, but an equally strong agricultural

road map is just as vital an ingredient for sustained economic growth. “ T he Ph i l ippi ne s i s at the cusp of a high and hopefully prolonged growth

phase. However, the ability of this growth to deliver sustained creation of jobs and reduction of poverty has been questioned,” noted shift/PAGE 23

ICT roadshow pushes for stronger IT-BPM sector By IRENE DAYO, Reporter and JASPER MARIE OBLINA-RUCAT, Contributor

THE Information Communication Technology (ICT) Roadshow held recently here pushed awareness on the

Mindanao Daily NEWS

importance of Information Technology-Business Process Ma na gement (I T-BPM) sector as one of the best

choices for entrepreneurship, career development and advancement that could provide jobs and improve local economy. roadshow/PAGE 23

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

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

DOE holds 2013 EET confab The Department of Energy (DOE), in cooperation with the Japan Business Alliance for Smart Energy Worldwide (JASE-W), ASEAN-Centre for Energ y (ACE), a nd the Ministry of Economy, Trade, and Industry, Japan (M ETI), on Wed nesday hosted a conference on

energy efficient technologies a i me d at b o os t i ng t he implementation of energy efficiency in the building industry. T he “C on ference on Energy Efficient Technologies in the Philippines (Business Sourcing a nd Matching DOE/PAGE 21

Economy

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Nickel Asia to invest P1-B to put up Surigao power plant MANILA -- Publicly listed Nickel Asia Corp. (NAC) will invest P1 billion in the construction of 10-megawatt power plant in Surigao del Norte that aims to help Mindanao overcome its power problems. In a disclosure to t he Phi lippine Stock Exchange (PSE), NAC said it already signed a power s a le s a g re ement (PSA) with electric distribution utility Surigao del Norte Electric Cooperative Inc.

(SURNECO). Under the terms of the PSA, NAC has agreed to const r uc t , operate a nd maintain a bunker-fired power station under a buildoperate-transfer scheme and to supply electricity to

SURNECO. SU R N EC O prov ide s electricity to its coverage area consisting of the City of Surigao, 11 mainland municipalities of Surigao del Norte and Hikdop Island. As of the end of 2012, SURNECO serviced 59,470 member-consumers. The two companies are set to jointly file with the Energy Regulatory Commission for the approval of the PSA.

“This investment would allow NAC to generate stable and long-term annuity-type cash f lows t hat are not correlated to movements in metal prices or foreign e x c h a n g e r a t e s ,” s a i d company president Gerard Brimo. The company has three major nickel mining projects located within SURNECO’s franchise area. plant/PAGE 21

Gulf region’s aging cars mean big business: report

Deborah Lavisores, owner of a tailoring shop in Malita, Davao del Sur continues to work despite the holidays to complete clients’ orders. Lavisores, a single parent and tailor since 1973, was able to send her nine children to school with this business. mindanews photo

DU BA I -- T he Gu l f r e g i o n ’s a f t e r m a r k e t has been undergoing signif icant grow t h wit h total consumption in 2012 estimated to have reached 7.5 billion U.S. dollars, a recent study by research firm Frost & Sullivan shows. The automotive af termarket industr y in the six oil-rich countries of the Gulf Cooperation Council(GCC) present a billion-dollar opportunity, according to Frost & Sullivan. E c hoi n g t he U. S . aftermarket industry which registered a 3.5-percent GULF/PAGE 21

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CorporateWorld

Mindanao Daily 15 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

Aboitiz Group’s raises P20.6M for Bohol relief operations THE Aboitiz Group, through its corporate social development arm Aboitiz Foundation, has raised a total of P20.6 million to date for its Bohol relief efforts, as donations from various private individuals and institutions pour in.

Naval Forces Central Gym filled with relief packs ready for transportation.

Petron to boost production 40% after refinery upgrading is done THE Philippines’ Petron Corporation is expected to boost output by 40 percent once it completes upgrading of its refinery in Bataan by the end of next year, a senior company official said on Wednesday. But the country is likely to stay a net importer of refined fuels to meet growing domestic demand, Freddie Yumang, vice-president of Petron’s refining division, said on the sidelines of the Singapore Internationa l Energy Week. Petron and Shell operate the only two refineries in the country with a nameplate capacity of 290,000 barrels

per day (bpd). They currently produce about 200,000 bpd of fuel to meet more than 300,000 bpd of demand, importing the rest, Yumang said. Once Petron completes upg rad i ng it s 18 0,0 0 0 bpd plant, it will produce 4 0 percent more of jet fuel, gasoline and diesel, narrowing the country’s supply-demand gap to less than a third. ‘’The way our economy is growing, more and more fuel demand is going to happen,’’ Yumang said. ‘’In other words, we cannot catch up with the demand, even if we Petron/PAGE 21

Part of the donations, w h ic h i s e s t i m at e d to bring the total of served families in the earthquakestricken province of Bohol to approximately 35,000, came from SJ Foundation, Internationa l Container Terminal Ser vices, Inc., Trabanza Corp., and actress Sharon Cuneta. Now on it s s e c on d week of continuous relief operat ions, t he Aboit iz

relief team has completed the second phase of goods distribution, reaching inland barangays including Loon, Tubigon, Sagbayan, Calape, and Clarin, and about 30 isolated island barangays, bringing the total number of families served to 15,000. “Our volunteers who have been working tirelessly for t wo st ra ig ht week s now, ensures that all your donations get to our brothers

and sisters in Bohol who are hardly hit by this calamity, fast,” said Aboitiz Foundation Executive Vice President and Chief Operating Officer Sonny Carpio. “We were the first relief team onsite less than 24 hours after the earthquake struck to assess the magnitude of the damage and respond to immediate needs,” he noted. Island barangays that were reached during phase two of the relief operations include Pangapasan, Bilang-Bilangan, Batasan, U b a y, B a g o n g B a nw a , and Mocaboc in Tubigon; aboitiz/PAGE 21

Relief goods arrive in Bohol.

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

AgriBusiness Davao farm resort going into organic farming

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Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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

DAVAO City -- Twenty years ago, a visit to Davao City would not have been complete without a tour of GAP Farm and a photo taken with its iconic giant carabao in the background. As the younger generation takes over, the destination is slowly repositioning itself in the tourism industr y as a showcase for organic farming. “ T he fa r m ha s been cleansed from chemical since 2009 and we are trying our best to convert from chemical to organic farming now,” resort manager Lenny V. Castillo said.

GAP Farm along Diversion Road boasts of a 10-hectare area planted to a variety of trees like durian, rambutan, santol and lanzones. The largest tree population is rambutan, with 400 fruitbearing trees planted all over the hilly area. “My father started to develop the farm in 1973 but only made it operational in farming/PAGE 21

THE Phi l ippi ne R ice Research Institute (PhilRice) said here over the week that the genetically modified (GM) rice called “golden rice” it is developing to address Vitamin A deficiency especially among children w ill be available in t he market by 2015. Phi lR ice is a branch of the International Rice

Research Institute which studies golden rice. “We are now in the final stages of the research and evaluation of this GM rice variet y t hat earned t he ‘golden’ moniker owing to the yellowish color of its grains,” PhilRice Director and Chief Science Research Specialist Antonio Alfonso said during a recent media

‘Golden rice’ out in the market by 2015 seminar on rice and nutrition here. This color, Alfonso said, comes from the beta carotene content of the rice that becomes Vitamin A when processed by the human body. Millions of Filipinos do not get enough of this vital nutrient, so this rice has become the symbol of

an idea: that genetically engineered crops can be a tool to improve the lives of the poor, he said. Vitamin A deficiency can damage the immune system and decrease the body’s ability to resist infections, resu lting in increase in mortality risk from common diseases especially among rice/PAGE 21

PhilRice urges rice farmers to plant high-yielding varieties RICE sufficiency can be achieved faster if farmers concentrate on cultivating fou r r ice h ig h-y ield i ng varieties developed by the Philippine Rice Research Institute (PhilRice.) Confident in his claim t hat t he Depar t ment of A g r i c u l t u r e ( DA) c a n achieve rice self-sufficiency, PhilRice Executive Director Eufemio T. Rasco Jr. said t hese new va riet ies a re guaranteed to yield between

7 metric tons (MT) and 10.4 MT per hectare. T hese fou r new r ice varieties are Tubigan 23, Tubigan 24, Tubigan 25 and Japonica 3, all of which have been registered with the National Seed Industry Council. Tubigan 23 is a variety that is direct-seeded and is submergence-tolerant. Its g ra ins a re long a nd slender, which means they have the qualities preferred

by consumers. Its potential yield is 8 MT per hectare and has a maturity period from direct seeding of 104 days. Tu b i g a n 2 4 c o u l d also be direct-seeded or transplanted and matures from 112 to 117 days. Its potentia l y ield is 10.4 MT per hectare and its milling recovery is a high 72.2 percent. It also has long and intermediate grain sizes.

The other variety, Tubigan 25, can also be transplanted or direct-seeded and has a potential yield of 10.4 MT Philrice/PAGE 23 “ERRATUM” The Notice of Hearing of ZENAIDA SALUDARES, Under Case No.2013-10-1531,to Operate PUJ SERVICE on the line Cogon Market to Terryhills and vice versa with the use of two (2)units. OUR APOLOGY; LTFRB-10,CDOC


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Banking&Finance

Money supply growth speeds up MONEY supply grow t h accelerated a f ter f u nds withdrew from a Bangko Sentral ng Pilipinas (BSP) deposit window meant to siphon off inflation-causing liquidity. In a statement, the BSP said domestic liquidity (M3) increased by 31 percent yearon-year to P6.2 trillion last month. “Money supply was driven largely by the sustained expansion in domestic claims or credits to the domestic economy,” BSP Governor Amando M. Tetangco Jr. said. Domestic claims grew by 10.6 percent in September from 11.8 percent in August due to continued increase in private sector claims, in line with the faster growth in bank lending. Commercia l bank lending grew by 15.8 percent in September, faster than 14.2 percent in August on higher loans for production

activities. Loans to production sectors have expanded by 14.8 percent in September from 13.1 percent in August. This was due to higher lending to real estate, renting and business services as well as manufacturing and wholesale and retail trade. The loans to electricity, gas and water as well as financial intermediation and construction sector also contributed to loan growth. However, consumer loans

grew slower at 10.9 percent in September from 11.5 percent in August with the slowdown of household loans such as credit card, auto loans and other household loans. The BSP had ordered banks to trim to 30 percent their placements in its special deposit accounts by end-July and pull them out altogether by end-November. Banks had been parking their funds in the higher-yielding and safe SDAs amid a drop in market interest rates.

higher than a year ago but 12 percent short of its P29.17 billion target for the month. This brought the agency’s year-to-date collections to P224.45 billion, up f ive percent from last year’s P213.66 billion but likewise shy of its nine-month goal of P250.43 billion. Customs chief Rufino

Biazon had ordered t he transfer of port collectors to a new office under the Department of Finance, a move the officials challenged in court. The court has since thrown out the collectors’ petition, clearing the way for their reassignment to the Customs Research and Policy Office.

Customs falls short of Jan-Sep collection goal AMID a hotly-contested revamp of key personnel, the Bureau of Customs fell short of its revenue target last month. I n a s t at ement , t he bureau, which accounts for less t ha n a f if t h of government revenues, said it raised P25.84 billion in September, or 11.3 percent

June ’13 consumer loans expand 15.9% LOANS extended by banks to consumers continue to rise with last June’s level rising by 15.9 percent yearon-year to P680.4 billion on back of positive consumer sentiments. Data released by t he Bangko Sentral ng Pilipinas (BSP) Wednesday showed that consumer loans (CLs) by universal and commercial banks (U/KBs) and thrift banks (TBs) in June 2012 totalled to P587 billion. Compared to the endMarch 2013 level of P647.1 billion CLs at the end of the second quarter this year expanded by more t han five percent. R e l a t i ve l y, n onperforming CLs continue to decline vis-à-vis total CLs with the level for last June this year accounting to 6.1 percent of the total compared to the 6.7 percent same period in 2012. BSP said banks continue to improve their loan loans

reser ves with last June’s level at 69.4 percent of nonperforming CLs. Share of non-performing CLs on U/KBs and TBs’ total loan portfolio (TLP) is only about one percent last June, it said. The central bank said share of CLs to TLP remains low i n t he Ph i l ippi ne s compared to its neighbours like Malaysia, 56.9 percent; Indonesia, 29.3 percent; and Singapore, 26.5 percent. The BSP stressed that it cont inues to monitor consumer and other lending services of banks “to ensure cont inued ad herence to high credit standards.” “Financial stability is essential to the sustainable grow th of the economy, which is a key objective of the BSP,” it added. Similarly, the central ba n k said tota l nonperforming loans (NPLs) of U/KBs accounts for about 2.67 percent of the sector’s

TLP in August this year, still low due to measures put in place by the financial institutions to protect their balance sheet. As of last August, U/ KBs’ NPLs reached P101.93 billion, a drop from yearago’s P104.17 billion. This even as TLP registered a record-high of P3.82 trillion in the eighth month this year compared to t he P3.41 t r i l l ion i n August 2012. BSP cited that “while keeping NPL ratio low, the industry also continued to allocate substantial loan loss reser ves for soured loa ns” w it h t he Aug ust 2013 level at 129 percent of their NPLs. It noted that loan quality of U/KBs remains high, which it said is “essential to keeping the viability of individual banks and to maintaining the stability of the domestic banking system.” (PNA)

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

Mindanao Daily 17 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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


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

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

The

CAGAYANTIMES de Oro

LIFESTYLE

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BRISK BUSINESS. A vendor prepares the flowers she is selling to customers who are expected to flock the flower market beside Cogon public market in Cagayan de Oro to buy flowers for the graves of their departed relatives on All Souls day this coming Nov. 2.

Mindanews photo by Froilan Gallardo

EARLY BUYING. A customer ask a vendor for the price of flowers at the flower market beside Cogon public market on Oct. 29. Buyers started to flock the market to bring some flowers to the graves of their departed relatives on All Souls day this coming Nov. 2. Mindanews photo by Froilan Gallardo

FLOWERS ON THE STREET. Buyer start to flock at the flower market beside Cogon public market on Oct. 29, to bring to the graves of their departed relatives on All Souls day this coming Nov. 2. Mindanews photo by Froilan Gallardo

CEB gives tips for ‘Undas’ travelers MANILA -- Low-cost carrier Cebu Pacific Air (CEB) on Wednesday came out with useful tips for domestic and international flight travelers during the period of “Undas” and even beyond. Before the flight, CEB advises passengers to avail of its check-in services from their homes or offices with its “web check-in services” via www.cebupacificair.com . CEB also reminds its passengers that the airline

allows only one hand carry bag with a maximum weight of 7 kilograms. It also advised passengers to purchase “baggage allowance” upon booking, with options ranging 10 to 45 kilos, so they can save up to 44 percent as compared to paying excess baggage fees at the airport. Also, passengers are urged to place easily identifiable markers on their respective check-in luggage and hand carry valuable items so as to avoid

confusion when claiming them. During check-in, CEB said passengers can use its kiosks available in Philippine airports with Airbus flights. “Make time for expected long lines at the security scanners and immigration. We encourage guests to be at the airport three hours before the flight. CEB counters will close 45 minutes before the scheduled time of departure so we can be ready to depart on time,” CEB said. Umbrellas, liquids,

aerosols and gels more than 100 ml should be checked-in. CEB encourages passengers to be at the boarding gate 30 minutes before the flight’s published time of departure. “Guests will pass through another security check before getting to the boarding gate, so wear shoes that can be easily removed and avoid wearing belts with metal buckles,” the airline added. Those still booking flights and planning their holiday itineraries may also

sign up to be a CEB Club member through the Cebu Pacific website, for seat sale alerts, easy management of flights and travel funds, and a faster booking process. For bookings and inquiries, guests can go to www.cebupacificair.com, or call the reservation hotlines (02)7020-888 or (032)2308888. The latest seat sales can also be found on CEB’s official Twitter and Facebook pages. (PNA)FPV/RTA


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The

CAGAYANTIMES de Oro

BILLBOARD

Mindanao Daily 19 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

Dumaguete Adventure Marathon preparations in full swing

O

rganizers of the Dumaguete Adventure Marathon (DAM), which will be held on Sunday, November 10, promise a different adventure to sport runners who are tired of running in city roads.

Globe Arakan XC2 Brings Bikers Together to Save the Philippine Eagle The sun had barely emerged over the Philippine Eagle Center in Malagos, Davao City when the participants of Globe Arakan XC2 started trickling in with their bikes in tow. Many were from Davao City, but many others had come from Cagayan de Oro, General Santos, and even Manila in anticipation of the ultimate bike challenge of the season. Globe Arakan XC2 wasn’t any ordinary bike challenge. As a fundraiser to save the home of the Philippine Eagle, the challenge sought to support the Philippine Eagle Foundation’s Forest Corridor Development Initiative (FCDI). The FCDI aims to provide educational and livelihood support, as well as Paralegal and Raptor Management Training to the communities that act as stewards of the forest in the Arakan Valley in North Cotabato. Globe employee Ronald Rivera had caught a bus from General Santos the night before, arriving shortly before midnight just to make it to the event. He was hoping for a challenging ride and wasn’t disappointed. “I really looked forward to this because I heard a lot about this last year. Hindi ko inexpect na ganun kahirap yung (I wasn’t expecting the trail to be that hard) trail but it was very enjoyable.” A total of 75 bikers stepped up to the challenge of taking on the 60-kilometer loop from the Philippine Eagle Center to Salaysay and back. The trail was a mix of road of and rugged terrain, with many parts involving a steep uphill climb. Composed of both seasoned athletes and recreational bikers, participants ranged from teenagers to those in their mid-fifties. Many had come with their friends, others came alone. Despite their different backgrounds and experience levels, they all came together as one to show their support for the cause. Salome Zamora, one of the two female bikers, had come all the way from Sultan Kudarat. She says, “I heard it would help indigenous communities in Arakan so I joined.” One of the oldest participants, 55-year-old retired colonel Rodrigo Turno says, “I wanted to give support to the Philippine Eagle Foundation para makatulong ako kahit paano (to help somehow). Ito yung isa sa pinakasikat na kayamanan natin (It’s one of our most important treasures), the Philippine Eagle of Davao.” He also adds, “Sa pagsali, tulong na rin, naka exercise pa.” (By joining, I’m able to help and exercise at the same time.) Although Globe Arakan XC2 wasn’t a race, Globe recognized the top finishers. The top 10 guest bikers were presented with limited edition jerseys, the fourth to seventh registered finishers were given Huawei phones, and the top three registered finishers were awarded Huawei tablets. Triathlete Jean Patrick Serreno was the first to cross the finish line at 2 hours, 14 minutes, and 52 seconds. The 29-year-old admitted to having difficulty at some parts, but says, “Hindi talaga nagcross sa isip ko na mag-stop. Inisip ko lang continue, continue hanggang sa dulo.” (I didn’t consider stopping. I just kept thinking I should continue until the end.) For Jean, the adventure doesn’t end here. He says, “Aabangan namin ‘yung sunod!” (We’ll wait for the next!).

"The full 42K marathon will take runners to the scenic mountainous terrain surrounding Dumaguete," said Dr. Aparicio Mequi, former chairman of the Philippine Sports Commission who is now director of the Institute of Youth Sports for Peace at Foundation University. For weeks, Dumaguete runners from the Dumaguete Amateur Runners and Striders (DARS) and the Metro Dumaguete Running Club (MDRC) have been practicing climbing the most difficult part of the 42-kilometer course-the Philippine-Japanese-American Amity Shrine in Sagbang, Valencia. This sacred shrine was erected in 1977 to honor the soldiers who died in one of the fiercest battles of the Second World War in Negros Oriental. The thrill of running "off the beaten path" has attracted runners from as far as Manila, Bacolod, Cebu and some parts of Mindanao, who joined the previous four DAMS. The DAM has been setting the trend for the holding of races in this part of the country. In 2009, it introduced the idea of running in the mountain trails to enable runners to see the scenic sights and the greenery of Negros Oriental. This has become a major tourist attraction of the Province. Mequi said another unique feature in this year's race is the special participation of bikers in a "fun ride" also running along the 42-k race route. In 2010, the DAM was the first run in the country to utilize a Howitzer cannon as a starting gun, with the special participation of the Philippine Army's 302nd Brigade. Registration is going on at the IYSPEACE office at the Foundation University north campus (Tel. +63 35 422 9167 local 101, 113 or 165) or online at the Dumaguetemarathon.com website. This year's run, to start and end at the Dumaguete Business Park in barangay Calindagan starting at 4:30 a.m., is held to celebrate the National Year of Rice. This race is powered by Sun Cellular. This is also sponsored by Cebu Pacific, Philippine Rice Research Institute, Robinson's Supermarket, Robinson's Place Dumaguete, Go Hotels Dumaguete, Dumaguete Business Park, SL Agritech Corporation, RUSI Motors, Tierra Alta. Other sponsors are SG Bank, EntheosIT, Greyhounds Events and Tours and the Institute of Youth Sports for Peace.


20 Mindanao Daily NEWS

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

www.businessweekmindanao.com Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City SALACINAS, DICKYAM/MARILYN

CASE NO; 2013-10-172

Applicant/Vendor

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JAMES LIM CASE NO; 2013-10-1750 Applicant/s NOTICE OF HEARING

AGBONG, LIZA V. Applicant/Vendee

NOTICE OF HEARING APPLICANT request authority for sale and transfer with extension of validity of Certificate of Public Convenience to operate FILCAB service on the line;Puerto to Medina and vice versa with the use of one(1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 22th day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

APPLICANT request For Change Base of Operation of the certificate of public convenience to operate RENT –A-CAR service on the line ;Laguindingan Airport to any point in Region X and vice versa with the use of five (5)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 22ND day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

MDN: Nov. 1, 2013

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

Case No; 2013-10- 1805 2008-10-025

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

Case No; 2013-10- 1806 2008-10-2214

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

CASE NO; 2013-10-1792 2008-10-1941

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line ;RBC;MacabalanPier –Agora –LKKS-Velez and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 31st day of October, 2013.

APPLICANT request authority for extension of validity to operate PUJ service on the line ;Cogon Market to Lapasan and vice versa with the use of one (1) unit/s. This application will be considered by this Board on November 6, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

APPLICANT request authority for extension of validity to operate PUJ service on the line;Cogon Market to Bayabas and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 6, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 31st day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Nov. 1, 2013

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

CASE NO; 2013-10-1799

NOTICE OF HEARING APPLICANT request authority For issuance of certificate of public convenience to operate TAXI Airconditioned service on the line;within Cagayan de Oro City to any point in Region X with the use of one (1)unit/s. This application will be considered by this Board on November 6, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30th day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 31st day of October, 2013.

MDN: Nov. 1, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City EDU P. GO, representing 858 –COGON MARKET Case No; 2013-10- 1797 COMPLEX, INC. Appropriation NOTICE OF HEARING APPLICANT request authority for issuance of certificate of public convenience to operate TAXI Airconditioned SERVICE on the line ;Laguindingan Airport, Laguindingan Mis. Or. To any point in Region X with the use of THIRTY (30)unit/s. This application will be considered by this Board on November 6, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30th day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

RENE L. LUZA -Vendor CASE NO; 2013-10-1801 ROBERTO T. SUMALPONG, SR. Vendee 2009-10-051

Case No; 2013-10-1798 2008-10-2154

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City FREDERICK QUITOY/ANGELITA BONGGO -Vendee CASE NO; 2013-10-1784

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

CASE NO; 2013-10-1983

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for approval of sale and transfer with extension of certificate of public convenience to operate PUJ service on the line;Ozamis City to Don Victoriano –Bonifacio –Tangub City (all in Misamis Oriental)and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 31st day of October, 2013.

APPLICANT request authority For approval of sale and transfer with extension of validity and amendment of line of certificate of public convenience to operate FILCAB service on the line;Kisolon to Kibawe –Malaybalay City –Valencia City via Quezon –Kadingilan and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30th day of October, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ L300 service on the line ;Malaybalay City to Kibawe-Valencia City via Kalilangan and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30th day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

NOTICE OF HEARING

MDN: Nov. 1, 2013

MDN: Nov. 1, 2013

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

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

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City EDDIE R. TABANIAG, SR. Applicant/s

CASE NO; 2013-10-1794 2008-10-1859

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

CASE NO; 2013-10-1795

Applicant/s

2008-10-2014

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City MNMOSYNE CASE NO; 2013-10-1796 Applicant/s 2008-10-258

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity to operate PUJ service on the line;Cogon Market to Iponan and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 6, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30th day of October, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line;Cogon Market to Tanguanao (all in Cagayan de Oro City)and vice versa with the use of one (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 29th day of October, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate TAXI service on the line;within Cagayan de Oro City to any point in Region X and vice versa with e use of ONE (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 29th day of October, 2013.

APPLICANT request authority To extend the validity of certificate of public convenience to operate PUJ service on the line;Cogon Market to Bonbon (all in Cagayan de Oro City)and vice versa with the use of One (1)unit/s. This application will be considered by this Board on November 7, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence. At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island. Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties. N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 30TH day of October, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 1, 2013

MDN: Nov. 1, 2013

MDN: Nov. 1, 2013

MDN: Nov. 1, 2013


Mindanao Daily 21 NEWS

friday | november 1, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

DOE... from page 14

O ppor t u n it ies)” led by Energ y secretar y Carlos Jericho Petilla, was held at the Dusit Thani Manila, Makati City. T he c on ferenc e w a s attended by around 200 pa r t icipa nt s , i nclud i ng building experts from Japan, of f icia ls f rom d if ferent gover n ment agencies, and energy efficiency and conservation practitioners from the academe, private sector, among others. It highlighted discussions and presentations on the ut i lizat ion of emerg ing technologies in the building sector of the Philippines such as heat pump technology, energ y-ef f icient ch i l ler application, and other energy savings and “green” products from Japan. Philippine and Japanese compa nies’ new energ y efficiency and conservation technologies and systems in the local market were i nt ro duc e d du r i ng t he conference. Secretar y Petilla said efficiency talks are very important, citing that with the use of energy efficient technologies, the country could avoid building more power plants. He added that the key to a growing economy is practicing energy efficiency and building partnerships among industr y players, i n a d d it ion t o pr op e r information dissemination to the public. The said conference is part of the ASEAN-Japan Energy E f f ic ienc y Pa r t ner s h ip (AJEEP), which seeks to establish cooperation on energy efficiency initiatives between the ASEAN and Japan. (PNA)

Plant... from page 14

SU R NECO president Mario Gesta said that Surigao City has been plagued by a power shortage for many years despite the influx of investments such as malls, hotels and restaurant chains. “NAC’s 10 MW power project is a very welcome development as a major utilit y infrastructure to address our energy needs over the next 15 years,” he said. (PNA)

Gulf...

from page 14

increase in 2012, the GCC ‘s aftermarket sector has also seen significant growth, “with total consumption for the same year estimated to reach as much as 7.5 billion dollars,” the firm’s study said. “Two primary factors are pushing growth. The vehicle fleet on the road overall are getting older, and the people are generally hanging on to cars longer. This creates a vast segment of out-of-warranty vehicles requiring repairs and replacement parts,” said Asad Badami, managing director of UAE-based A-MAP, the region’s leading distributor of aftermarket automotive spare parts, batteries, tires

and lubricants. Dips in automotive sales, an aging vehicle population and a challenging economy have presented bi l l iondollar opportunities for the automotive aftermarket industry, said Badami when commenting on the study. While parts and accessories take the lion share of consumption in the region, tires, inner tubes, lubricants and batteries also follow closely, said the Frost & Sullivan study. Badami added that Aging vehicle f leet and owners keeping cars for longer are pushing sector’s growth. T he spa re pa r t a nd tire industry holds many opportunities for players in the Middle East, said the expert, which ranks within the world’s fastest-growing ma rkets for automot ive products. Having a car is regarded as a must for every household in the GCC as only Dubai so far has developed a dense public transportation system which comprises a 57-km metro track, a dense bus system as well as public boats which connect old and new Dubai through the city’s creek. Dubai will also get a tram system by 2014, while Saudi Arabia’s Riyadh, Qatar’s Doha and the UAE capital of Abu Dhabi have started constructing their respective city metro systems. As these metro systems will take more than three years to be completed, the automotive aftermarket might face few headwinds. (PNA/Xinhua)

Aboitiz... from page 15

Lawis, Talisay, Kinabag-an, Magtongtong, Madangog, Looc, Lomboy, Kahayag, and Mantatao in Calape; Basdio, Calayugan Norte and Sur, Sondol, Ubojan, Canigaan, and Mocpoc Norte and Sur in Sandingan, and Cambaquiz, Cabacungan, Looc, Talisay, Brgy. Catalina, Brgy. Canmano, Sagbayan, and Pantudlan in Cabilao island. The relief goods containing water, canned goods, sugar, biscuits, and five kilos of rice, which were packed from the foundation’s temporary command center at the Naval Force Central Command in Lapu-Lapu City, Cebu, are estimated to last a week for a small family with four to five members. The group also distributed tents and tarpaulins to serve as temporary shelters for victims whose homes were destroyed by the quake. Vo l u n t e e r s i n c l u d e team members from the Ab oit i z Group’s C ebubased business units such as AboitizLand, CitySavings Bank, construction firm Metaphil, Pilmico Foods Cor p., Visaya n Elect ric Company (VECO) and other AboitizPower distribution units, and their friends and families; Mater Dei College students; Philippine Navy, ROTC students, Navforcecen ladies, and their families, and LLC Muslim Cooperative. Apa r t f rom send i ng

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

ma npower to t he rel ief operations, the business units also initiated several activities to reach out to the quake victims. Pilmico Foods distributed around 3,000 relief bags with bread donations from its dealer/ partner, Benison. VECO sent teams and special equipment to assist Bohol 1 Electric Cooperative to help restore power in affected areas. Ca r pio sa id t hat t he foundation is continuously work i ng w it h t he loca l gover n ments a nd t he Depa r t ment of Socia l Welfare and Development in conducting assessments to further identify areas of immediate concern. How you can help: Please send cash donations to the Aboitiz Foundation through the following: • Aboitiz Foundation’s UShare portal http://ushare. unionbankph.com/aboitiz/ • Union Bank of the Philippines Account No. 10026-1070944 • City Savings Bank Account No. 200-20031301 Or v isit w w w. aboitizfoundation.org and click the “Donate” button. For other concerns, you may contact the following Aboitiz Foundation representatives: • Danny Cerence (Coordination) – 09176308172 • Rowena Astillo (Donations) – 09176304484

Petron... from page 15

are done with our expansion. We will still be importing products.’’ The refinery will add a fluid catalytic cracking unit and a coker unit that will convert heavy fuels such as fuel oil to ‘’white products’’ such as jet fuel, gasoline and diesel and be able to meet Euro-IV standards, said Yumang. The $2-billion project, now a b out 8 0 p e rc e nt complete, is expected to be completed by the fourth quarter of next year, he said. ‘ ’ Wit h t h i s proje c t , we’re able to operate at full capacity,’’ he added. The Petron refinery is operating at below 80 percent of capacity. O nc e t he proje c t i s completed, Petron will no longer export fuel oil, and will have to stop supplying to domest ic customers, including power plants, as the oil product will be used as feedstock for the new secondary units, Yumang said. ‘’Fuel oi l dema nd is steadily declining by more than 2 to 3 percent a year, with the older power plants using fuel oil soon to be retired,’’ he said. Petron produces about 25,000 bpd of fuel oil, about half of which is exported.

ways to reinvent itself albeit conservatively. Castillo said they are pl a n n i ng to a dd more attractions in the farm in the next five years. They started with the construction of a new wading pool for babies and toddlers, in addition to the existing adult pool which is a favorite destination for swimming trainings during summer. She said a zipline is also being considered although they are still studying such a big project and are looking for consultants who can guide them in putting it up. Families who prefer quiet adventures can go to GAP and explore the hills while taking refuge under the tall trees that have seemed to magically sprout all over the place. “Kaya nga GAP because my father vowed never to leave a gap on the ground without a tree,” she added. In the meantime, the resort continues to cater to private and corporate functions. It has six function halls for company launches and seminars as well as three swimming pools that can be rented out on an exclusive basis. (PNA)

Rice...

from page 16 young children, he said, warning that such deficiency may also result in impaired vision -- including night blindness that may lead to permanent, partial, or total blindness if left untreated. Recent data from the Food and Nutrition Research Institute gathered through the 7th National Nutrition Survey in 2008 reveals that 15.2 percent of Filipino children aged six months to five years are affected by Vitamin A deficiency, according to Alfonso. Alfonso said Vitamin A deficiency remains a serious public health concern in the Philippines, affecting approximately 1.7 million children under the age of five and 500,000 pregnant and nursing women many of whom are living in far-flung areas. “A rice variety with beta carotene offers a sustainable response to Vita m i n A deficiency as rice that is grown in the Philippines is staple food for more than t hree billion Filipinos,” Alfonso said. Rice is more accessible than Vitamin A supplements in remote areas, he stressed. (PNA)

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from page 16

1983,” she said. The resort, she added has provided an ideal destination for family outings and student field trips for almost 30 years now and is still trying to find

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

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

friday | november 1, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Enrique Gil shakes off pressure to fill up Big Dome for ‘King of the Gil’ For Enrique Gi l, f i l ling up Araneta Coliseum only comes as his second priority for his first-ever concert titled King of the Gil. What’s important, he said, is for his audience to feel fully entertained after the show. Speaking during t he rec ent ly concluded press conference held at Sir Boy’s Food Republique for his upcoming dance concert, the She’s The One actor confessed that he is somewhat “pressured” to fill the Big Dome to the brim. “Oo naman siyempre k a si A r a net a C ol iseu m

a ng da m i ng seats no’n, andaming kailangang punuin. Siguro bahala na. Kahit anong mangyari basta ang point ko kung sino ang pumunta doon sa show ko, gusto ko mag-enjoy sila. Kahit hindi mapuno basta successful ‘yung show at tsa ka la hat ng pumunta masasabi na su lit ‘y ung pagpunta nila. ‘Yun lang ang habol ko,” the young actor said. The actor revealed that he will have over 18 dance numbers that will really test his endurance. But aside from that, “meron ring part na kumakanta at nagra-rap

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at marami akong guest at may mga spot sila.” Joi ni ng hi m i n t he concert are It’s Showtime hosts Vice Ganda and Jhong Hilario, Toda Ma x stars Angel Locsin and Vhong Navarro (who is also part of Showtime) as well as Toni Gonzaga, Kim Chiu, Rico Blanco, Gloc-9, Young JV, Arjo Atayde, Ejay Falcon, Arron Villaf lor, and the G-Force. He w i l l a l s o h ave a special dance number with former Muling Buksan Ang Puso co-star Julia Montes and with former Princess showbiz/PAGE 23

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Makers... from page 13

As the Philippines also braces for Asean integration come 2015, Amores said the government and the private sector need to ramp up investments in agriculture in order to improve productivity and help drive growth in the sector. “A m o n g t h e s e a r e invest ments in storage, equipment and increased awareness in globa l agriculture practice,” he said. Amores, also the food trustee of the Philippine Exporters Confederation, Inc., said the adoption of su st a i nable a g r ic u lt u re methods can enhance the sector’s competitiveness and productivity. He said it also imperative for the government to fasttrack the establishment of common service facilities nationwide. These include m o bi l e r e p a c k i n g a n d a g r ic u lt u re l a b or at or y facilities. “Why these are needed? This is because the global requirements on food safety, global standard are becoming very rigid. So the testing and the capability of the sectors to produce raw materials should be fast. The turnaround cycle needs to be fast-tracked,” he added. M o r e o v e r, A m o r e s recommended the establishment of agriculture productive cluster zones where raw materials can be produced. “(Wit h t his,) we can generate bet ter y ields with the same input; this automatically lowers the cost of production,” he said.

Builds... from page 13

del Norte and Hikdop Island. As of the end of 2012, SURNECO serviced 59,470 member-consumers. The two companies are set to jointly file with the Energy Regulatory Commission for the approval of the PSA. “This investment would allow NAC to generate stable and long-term annuity-type cash f lows t hat a re not correlated to movements in metal prices or foreign e x c h a n g e r a t e s ,” s a i d company president Gerard Brimo. The company has three major nickel mining projects located within SURNECO’s franchise area. SU R N ECO president Mario Gesta said that Surigao City has been plagued by a power shortage for many years despite the inf lux of investments such as malls, hotels and restaurant chains. NAC’s 10 MW power project is a very welcome development as a major utilit y infrastructure to address our energy needs over the next 15 years, Gesta said. “In the last few years, Surigao City has seen an influx of investments such as malls, hotels and restaurant chains. Yet, the city’s growth has been hampered by the lack of power supply,” he

said. “Surneco has been plagued by a shortage of power for ma ny ye a rs . [Nickel Asia’s] 10-megawatt power project is a ver y welcome development as a major utility infrastructure to address our energy needs over the next 15 years,” he added. (PNA)

Shift... from page 13

the paper entitled “Urgent: A Road Map for Ag roIndustrial Development in the Philippines.” “The accelerating pace of economic growth in the Philippines will not translate into inclusive, sustainable g row t h i f a g r ic u lt u r a l development is neglected,” it added. After a period of rapid growth in the 1960s and 19 70 s , t he a g r ic u lt u re industry has grown since the 1980s at an annual average of only 2.05 percent, lower than the 3.4 percent average of developing Asia and even lower than the 2.5 percent average of countries in SubSaharan Africa. The study, published in August 2013 by the Philippine Institute for Development Studies, suggests that the industry road map should aim to raise productivity in traditional products andmore important-encourage a shift toward high-value produce. “High-value crops such as fruits and vegetables are much more profitable than traditional crops such as rice and corn,” notes the paper. “On a per hectare basis, labor cost is also greater, suggesting a greater potential for employment creation for high-value crops.” The move to diversify beyond traditional crops is crucial for agricultural development, “Philippine agriculture, however, deviates from this stylized pattern,” say study authors Roehlano Briones and Ivory Galang. In developi ng Asia n cou nt r ies, t he sha re of cereals has decreased from 40 percent to 24 percent; its share for the Philippines has increased from 22 to 23 percent. Diversification requires rapid technological cha nge, improved rura l infrastructure, and changes in food demand patterns that encourage increasing demand for more expensive foods such as meat, fish, fruits, and vegetables. The industry road map can address the major constraints to transitioning to a more d iversi f ied ag r icu lt u ra l sector. It can promote the globa l competiveness of products t hat current ly have high demand, such as rubber, coconut oil, mango, and banana, as well as open up the market potentials of crops with growing demand such as cacao and palm oil. Farmers opting to shift to high-value products must also be assured of a market through closer integration between agriculture and related manufacturing and

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services. There are many examples of successful supply chains in the Philippines. Widespread replication of these chains will transform the Philippine cou nt r y side , t he st udy recommends. “Agricultural development in the Philippine context involves a transition from farming to agribusiness,” t h e a u t h o r s c o nt i nu e . “Rural transformation is far from complete. Such transformation can only happen if Phi lippi ne agriculture upgrades and restructures supply chains to attain competitive advantage in high-value agro-industrial products.”

Roadshow... from page 13

Department of Science and Technolog y (DOST) – Information and Communications Technology O f f ic e (IC TO) D e put y Executive Director Monchito B. Ibrahim has urged all stakeholders to work together in bringing the city back to the Top 10 Next Wave Cities in the country. He sa id C agaya n de Oro had been ranked 7th in the Next Wave Cities by the Business Processing Association of the Philippines (BPAP) and the Department of Science and Technology-Information and Communications Technology Office (DOST-ICTO) in 20102011. But by 2012, Cagayan de Oro was out of the top 10, he said. He explained that there are factors affecting city r a n k i ng. A mong t he s e are availability of talents, infrastructure, cost and business environment. He said they also gather data from concerned government agencies such as the Commission on Higher Education (CHED) for IT graduates, crime rate from Philippine National Police and city competitiveness from national body and so on. Although there is no question about the talent here, Director Monchito revealed that some aspects like crime rate, issues in business environment and maturity of ICT Council could be better looked into and improved. Meanwhile businessman Engr. Elpidio Paras, president of PARASAT Cable TV and Arriba Telecontact, Inc. confirmed that the local government should start marketing the city so that more players can come in. According to John K.C. Sa nt isteba n, operat ions manager of the Contact Center Association of the Philippines (CCAP), the indust r y needs 10 0,0 0 0 people per year. However out of the 100 applicants, only five or eight land a job. He explained that majority of those talents lack skills in communication. Examples are good grammar, critical thinking, problem solving in software and animation among others. He added that, foundation of skills has to

be there. On t he ot her ha nd , Cagayan de Oro – IC T B u s i n e s s C ou nc i l C ha i r p ers on Ste pha n ie Caragos said that the ICT sector in the city has really progressed. So far, they have close coordination w it h schools and the stakeholders are very active. Fu r t he r, Ron a ld Arambulo, executive director for Finance and Shared Services of the IT and Business Process Association of the Philippines (IBPAP) stressed that synergies need to be formed here because there are more jobs in IT that exist now than supply.

PhilRice... from page 16

per hectare. It has long and slender grains. The maturity of Tubigan 25 is 115 days when transplanted, and 106 days when directseeded. PhilRice’s Japonica 3 is a variety that is exclusively for transplanting, with yield potential of 7.2 MT per hectare. It matures at an average of 113 days from transplanting and offers grains that are tender and smooth in texture. Farmers can buy the seeds starting in December from PhilRice stations in Muñoz, Nueva Ecija; Batac City, Ilocos Norte; San Mateo, Isabela; Ligao City, Albay; Murcia, Negros Occidental; RTRomualdez, Agusan del Norte; Midsayap, North Cotabato; and Maramag, Bukidnon. Rascao said the output of these varieties is nearly double the current average palay yield per hectare and certainly much better than the average output of each Vietnamese or Thai farmer. He said “aggressive” marketing program will have to be undertaken by the DA and PhilRice to convince farmers to adopt the new varieties. On the average, studies said, farmers take 18 years to accept farming innovations.

Showbiz... from page 22

a nd I co -st a r K at h r y n Bernardo and a few sexy dance numbers of his own which would contribute to his hour-and-half-long concert. The Cebu-raised actor revealed that he personally chose Vice, Julia, Kathryn, Young JV, and Arron to be part of the show. “Ang partikular na pinili ko siguro si Vice kasi ma-concert siya at saka siya talaga ang tumulong sa akin. Kaya ngayon sabi ko siya naman ang mag-guest sa akin,” he explained. “Si Julia Montes, sila Arron at Young JV, I think may iba’t ibang aspeto sila sa concert na distinct sa kanila na sa tingin ko ay sila ‘yung makaka-perfect ng prod na ‘yon,” he added However, he admitted that he’s really hoping for his She’s The One leading lady Bea Alonzo to come to the concert because he will be preparing a special number for her. Has he invited her already? push.abs-cbn.com

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