20
Globe rebuffed THE NATIONAL Telecom- munications Commission has denied Globe Telecom, Inc.’s petition to suspend hearings for Philippine Long Distance Telephone Co.’s (PLDT) planned takeover of Digital Telecommunications Philippines, Inc. (Digitel). “[The] urgent motions to suspend proceedings/hear- ings both filed by oppositor Globe [Telecom] ... on July 12 are hereby denied,” said the hearing officer Dennis R. Babaran. The decision was read out at yesterday’s public hearing. Mr. Babaran said that since Globe Telecom’s mo- tion was based on a Su- preme Court ruling which is still not final and executory, the commission does not see any reason to suspend the hearings on the acquisi- tion deal. Zest Air now flies Cag. de Oro-Manila ZEST Air launched three new routes last week – one scheduled domestic service and two international charter services. As of July 8, the air - line now flies between the country capital Manila and Cagayan de Oro. The 12 weekly flights compete with Cebu Pacific’s 40, Philip- pine Airlines’ 28 and Airphil Express’ 14 flights a week. The international charter services are characterised by unusual scheduling. On July 6, the airline connected Kali- bo with Taipei in Taiwan and on July 10, flights launched to Chengdu in Mainland China. The two routes are operated every five days. Market Indicators US$1 = P42.98 4,458.74 points X X FOREX PHISIX AS OF 5:00 P.M., JULY 15, 2011 (Friday) 0.16 cents 35.19 points www.businessweekmindanao.com P10.00 Issue No. 6, Volume III July 18-24, 2011 Briefly BusinessWeek YOUR LOCAL ONLINE BUSINESS PAPER Corrales & J.R. Rorja Streets Tel Nos. 8563239, 728421 BUKIDNON/PAGE 13 BUKIDNON/PAGE 13 BUDGET/PAGE 13 NOW OP EN Market City, Agora Tunas are scaled after unloaded from fishing vessels at the Fist Port Complex in General Santos City. Dubbed as the Tuna Capital of the Philippines, the city becomes a hub of a multi-million tuna industry in the country. BWM PHOTO BY JUN AYENSA By BONG FABE, Contributor T HE Philippine subsidiary of the Toronto-based Canadian renewable energy company Enerasia Renewable Corp. is now on the lookout for a 20-hectare land in the city or Misamis Oriental province for its planned solar farm project. If plans pushes through, this will be the second solar farm in the city and in the entire Philippines, said Jose P. Lev- iste Jr., chairman of Constel- lation Energy Corp., during a press conference here. The first and only solar farm in the country is the 1-megawatt solar photovolta- ic plant owned and operated by the Cagayan Electric Pow- er and Light Co. (CEPALCO). It was commissioned in 2004 and sits on a 2-hectare prop- erty in Barangay Indahag, this city. is solar farm generates electricity without any fuel, thus sparing the environ- ment about 24,000 tons of carbon compound emissions BIR posts low takes, but CdO still upbeat By NELSON V. CONSTANTINO Editor-in-Chief Data from the Bureau of Internal Revenue (No. 16) showed Cagayan de Oro posted a total of P482.3 tax collections for the month of June 2011, up by P30.6 million of its P451.7 million target for the month. ALTHOUGH the country’s main tax agency’s overall col- lections in the first half of the year were below target, the Cagayan de Oro’s tax takes exceeded its monthly goal by 6.77% this June. By ANN NOBLE Bukidnon Bureau Chief Bukidnon power coops, prov’l govt to draw resolution on power woes RECORD HIGH. A trader jubiliates as the local bourse has reached a new record high on Friday gaining 35.19 points to 4,458.74 at the Philippine Stocks Exchange in Makati. projected to affect not only Mindanao but particularly in Bukidnon. With the creation of the Bukidnon Multi-Sectoral Commission, also known as Bukidnon Power Com- mission, the province’s two MALAYBALAY City -- e two electric cooperatives and the provincial government here are set to draw a uni- fied resolution to address the looming power crisis that is electric cooperative, First Bukidnon Electric Coopera- tive (FIBECO) and Bukidnon Second Electric Cooperative (BUSECO) together with the local government aim to make a unified position on BIR/PAGE 13 POWER/PAGE 13 MinDA succeeds in budget advocacy By ARJAY S. FELICILDA Caraga Bureau Chief 68th meeting of the Regional Development Council (RDC 13), Thursday, at the Phil- ippine Gateway Hotel this city, where she described Mindanao as now having the biggest equity share all over the country. It was learned that during MINDANAO Development Authority (MinDA) Secretary Luwalhati Antonino said the MinDA’s advocacy for an increased budget has finally paid off. Sec. Antonino gueted the the recent budget hearing with the cabinet, Mindanao’s allocation has reached 30% from the previous 28% of the national budget. With this increase in al- location, more developments can be expected to take place

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Page 1: Mindanao Daily Balita July 18

Globe rebuffedTHE NATIONAL Telecom-munications Commission has denied Globe Telecom, Inc.’s petition to suspend hearings for Philippine Long Distance Telephone Co.’s (PLDT) planned takeover of Digital Telecommunications Philippines, Inc. (Digitel).“[The] urgent motions to suspend proceedings/hear-ings both filed by oppositor Globe [Telecom] ... on July 12 are hereby denied,” said the hearing officer Dennis R. Babaran. The decision was read out at yesterday’s public hearing. Mr. Babaran said that since Globe Telecom’s mo-tion was based on a Su-preme Court ruling which is still not final and executory, the commission does not see any reason to suspend the hearings on the acquisi-tion deal.

Zest Air now flies Cag. de Oro-ManilaZEST Air launched three new routes last week – one scheduled domestic service and two international charter services. As of July 8, the air-line now flies between the country capital Manila and Cagayan de Oro. The 12 weekly flights compete with Cebu Pacific’s 40, Philip-pine Airlines’ 28 and Airphil Express’ 14 flights a week. The international charter services are characterised by unusual scheduling. On July 6, the airline connected Kali-bo with Taipei in Taiwan and on July 10, flights launched to Chengdu in Mainland China. The two routes are operated every five days.

Market Indicators

US$1 = P42.98 4,458.74 points

XX

FOREX PHISIXaS of 5:00 P.m., JULY 15, 2011 (friday)

0.16 cents

35.19points

www.businessweekmindanao.com P10.00Issue No. 6, Volume III • July 18-24, 2011

M I N D A N A O

Briefly

BusinessWeekYOUR LOCAL ONLINE BUSINESS PAPER

Corrales & J.R. Rorja Streets Tel Nos. 8563239, 728421

bukidnon/PAGE 13bukidnon/PAGE 13

budGEt/PAGE 13

NOW OPENMarket City, Agora

Tunas are scaled after unloaded from fishing vessels at the Fist Port Complex in General Santos City. Dubbed as the Tuna Capital of the Philippines, the city becomes a hub of a multi-million tuna industry in the country. bwm photo by jun ayensa

By BONG FABE, Contributor

THE Philippine subsidiary of the Toronto-based Canadian renewable energy company Enerasia Renewable

Corp. is now on the lookout for a 20-hectare land in the city or Misamis Oriental province for its planned solar farm project.If plans pushes through, this will be the second solar farm in the city and in the entire Philippines, said Jose P. Lev-iste Jr., chairman of Constel-lation Energy Corp., during a press conference here. The first and only solar farm in the country is the 1-megawatt solar photovolta-ic plant owned and operated

by the Cagayan Electric Pow-er and Light Co. (CEPALCO). It was commissioned in 2004 and sits on a 2-hectare prop-erty in Barangay Indahag, this city. This solar farm generates electricity without any fuel, thus sparing the environ-ment about 24,000 tons of carbon compound emissions

BIR posts low takes, but CdO still upbeatBy NELSON V. CONSTANTINO

Editor-in-Chief Data from the Bureau of Internal Revenue (No. 16) showed Cagayan de Oro posted a total of P482.3 tax collections for the month of June 2011, up by P30.6 million of its P451.7 million target for the month.

ALTHOUGH the country’s main tax agency’s overall col-lections in the first half of the year were below target, the Cagayan de Oro’s tax takes exceeded its monthly goal by 6.77% this June.

By ANN NOBLE Bukidnon Bureau Chief

Bukidnon power coops, prov’l govt to draw resolution on power woes

RECORD HIGH. A trader jubiliates as the local bourse has reached a new record high on Friday gaining 35.19 points to 4,458.74 at the Philippine Stocks Exchange in Makati.

projected to affect not only Mindanao but particularly in Bukidnon. With the creation of the Bukidnon Multi-Sectoral Commission, also known as Bukidnon Power Com-mission, the province’s two

MALAYBALAY City -- The two electric cooperatives and the provincial government here are set to draw a uni-fied resolution to address the looming power crisis that is

electric cooperative, First Bukidnon Electric Coopera-tive (FIBECO) and Bukidnon Second Electric Cooperative (BUSECO) together with the local government aim to make a unified position on

bir/PAGE 13

PowEr/PAGE 13

MinDA succeeds in budget advocacyBy ARJAY S. FELICILDA

Caraga Bureau Chief68th meeting of the Regional Development Council (RDC 13), Thursday, at the Phil-ippine Gateway Hotel this city, where she described Mindanao as now having the biggest equity share all over the country. It was learned that during

MINDANAO Development Authority (MinDA) Secretary Luwalhati Antonino said the MinDA’s advocacy for an increased budget has finally paid off. Sec. Antonino gueted the

the recent budget hearing with the cabinet, Mindanao’s allocation has reached 30% from the previous 28% of the national budget. With this increase in al-location, more developments can be expected to take place

Page 2: Mindanao Daily Balita July 18

2 BusinessWeekmindanaoJuly 18-24, 2011 Economy

CAGAYAN DE ORO MAiN BRANCh

P & J Lim Bldg., Tiano Brothers – Kalambagohan Sts.,

Tel. # (08822) 727-829 * Telefax # (088) 856-1947

CAMiGUiN BRANCh B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491

CORRALES BRANCh Corrales Ave., Cagayan de Oro City

DiViSORiA BRANCh Atty. Erasmo B. Damasing Bldg., #61 Don A.

Velez St., Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCh Lapasan Hi-way, Cagayan de Oro City

Tel. # (088) 231-6739a

Incentives to local inventors pushedBy APIPA BAGUMBARAN

Contributor

THE Department of Science and Technoloy through the Technology Application and Promotion Insti-tute (DOST-TAPI) is providing assistance to inven-tors who need to promote their inventions.

He explained that TAPI is one of service agencies of the DOST mandated by Repub-lic Act 7459 or the Inventors and Invention Incentives Act of the Philippines to support inventors in promoting their products. Moreover, the TAPI di-rector disclosed that the institute will also provide travel assistance to those inventors who won in Na-tional Invention Contests and Exhibits and who wish to participate in interna-tional events. That, according to him, is the advantage of winning in the national invention contest stressing that the in-ventors will gain the chance to promote his product in-

TAPI director Edgar Garcia said the institute has different programs to sup-port inventors in their initial experiments and prototype development, as well as in other invention develop-ment-related activities. Garcia said TAPI will provide promotional ma-terials such as brochures, pamphlets, leaf lets, and flyers through its promo-tion materials assistance program in cases where in-ventors want to participate in trade fair or seminars.

He further said that as far as commercialization is concerned, TAPI also pro-vides funds for prototyping. If the inventor needs some kind of support to strengthen his claim or he needs a test to validate the efficiency of his invention, then, TAPI can also provide them assistance, he added. However, Garcia em-phasized that TAPI does not provide research and development (R&D) sup-port since it is not an R&D institute.

Kauswagan registers income growth due to economic revamp

By RUTCHIE C.AGUHOB Contributor

pact and specific direction of “SIKAD PA” or Sustain-able Integrated Kauswagan Area Development and Peace Agenda. Also a Visayan term which means “to strive more,” SIKAD PA embraces all as-pirations of development, that includes promoting eco-nomic viability, environmen-tal management, tourism promotion, provision of basic needs and services, reduction of poverty incidence and above all, sustainable peace and order under the conver-gence efforts of all sectors, the Mayor added. (pia-10)

KAUSWAGAN, Lanao del Norte -- The town of Kaus-wagan managed to reinvent their economic team to post a P3.272 million increase from 2009 for a P41.893 million income by the end of 2010, according to a Commission on Audit report. Mayor Rommel Arnado recognized participation of various sectors of society like the senior citizens, women, and youth for the successful restructuring of their team. He also said that they are currently working on a com-

Misor college aims to rank among rP’s top tertiary schoolsBy GENESIS V. MONTERDE

CLAVERIA, Misamis Oriental -- The Misamis Oriental State College of Arts and Technology (MOSCAT) will do its best to rank itself among the top learning institutions, not only in region 10, but in the entire country, as well. This assurance came from Dr. Rosalito Quiri-no, college president, who said “all the recommen-dations of the Accredit-ing Agency of Chartered Colleges and Universities in the Philippines (AAC-CUP) will be given utmost attention in order to meet the desired standard every institution should have.” He said the accredita-tion process is necessary in order to evaluate the strengths and weaknesses of a particular program or course. In fact, it is a quality assurance exercise, un-der which services and operations of educational institutions or programs are evaluated by an exter-nal body to determine if applicable standards are met before granting the accreditation status. Evaluators from AAC-CUP presented, during

schools/PAGE 11

LOT FOR SALEBEACH HOUSE

Baloy, Cagayan de Oro CityBy appointment only

Tel. #: (088) 855 3898July 25, 2011

Page 3: Mindanao Daily Balita July 18

3BusinessWeekmindanao

July 18-24, 2011IT.Matters

Available at:

BRANCHES ADDRESS CONTACT NUMBER 1. QAPI - CDO J.R. BORJA ST., C.D.O.C. 72-40-58/857-41132. QAPI-ILIGAN DY PICO BLDG., LUNA ST. 063-221-3646 0917-632-53053. QAPI-VALENCIA T.N. PEPITO ST. 088-828-2090 0917-632-53064. QAPI-BUTUAN COR. MONTILLA VILLANUEVA ST. 085-815-2422 0917-632-53015. QAPI-PAGADIAN SAN FRANCISCO DISTRICT 062-214-1754 0917-632-53086. QAPI-OZAMIZ J.P. RIZAL COR. LAUREL ST. 088-521-0917 0922-650-18797. QAPI-SURIGAO MAGALLANES ST. 086-826-1170 0917-632-53108. QAPI-DIPOLOG GEN. LUNA COR. OSMEÑA ST. 065-212-4327 0922-3045-2909. QAPI-GENSAN SUN CITY SUITES NAT’ HI-WAY 083-301-900210. HAPI-OSMEÑA OSMEÑA EXTENSION, 72-63-13/856-401911. HAPI-DUMAGUETE MARIA CRISTINA ST. 035-225-1581 0922-8501-34912. HAPI-TAGBILARAN C.P. GARCIA AVE. 038-235-3037 0922-8501-87713. SAPI-CARMEN VAMENTA BOULEVARD 858-166014. SAPI-PALA-O PALAO ExTENSION 063-221-2607 0917-632-531315. RAPI-CAPISTRANO CAPISTRANO ST. 856-492916. RAPI-TACLOBAN ZAMORA COR. STO. NIÑO ST. 053-325-9957 0917-632-533917. CQ-LIFESTYLE CENTER J . R . B O R J A S T . 5 7 - 9 0 0 1 - 0 4 / 714136-37 / 857-9094 0922-822807118. CQAI-CEBU OSMEÑA BOULEVARD 032-254-5899 0922-8228-06819. CQAI-IPIL PRES. QUIRINO ST. 062-333-2491 0917-632-532120. CQAI-ZAMBOANGA ZONE 3, NUñEZ ST., 0922-8501-339 062-992-289021. CQAI-MARANDING HIGHWAY, LALA, LDN 063-388-7116 0917-632-533322. CQAI-ORMOC AVILES ST. 053-255-7593 0922-8501-35923. CQAI-SIDANGAN ZAMORA ST. 065-224-2802 0917-632-533624. CQAI-TALISAY BULACAO TALISAY CITY 032-272-1192 0922-8228-06525. CQAI-TAYTAY No. 9 RIZAL AVE., 02-669-1182 0922-8228-067

We are now open everyday, mondays to Sundays and on Holidays

Globe sees steady rise in electronic-load transactionsGLOBE Telecom Inc. sees a steady rise in elec-tronic load transactions which now stands at 80 percent of the company’s total prepaid load sales. During the recent press briefing of Globe’s partnership with 7-Elev-en, Globe consumer sales head Ramon Ma-triano said the remain-ing 20 percent comes from the sale of prepaid cards and web loading service via bank transac-tions. “The growth has been quite steady and we see online prepaid load sales increasing while card sales are decreasing,” he said. Consumer sales make up 80 percent of the cellular firm’s overall revenues. “This involves services sold through retailers or directly to the customers,” added the Globe official. Globe and 7-Eleven officials announced that shoppers who top up their Globe prepaid, Tat-too or TM load credits at any 7-Eleven outlet from 7 am to 11 pm beginning July 14 gets a P7 free prepaid load for every P70 worth of load Globe prepaid, Tattoo

or TM load credits via any point-of-sale (POS) counter of 7-Eleven. The cellular firm’s tie-up with 7-Eleven is seen to further boost prepaid load sales. Globe said it is currently the fastest-selling telecommuni-cations brand in the 7-Eleven chain and the leader in terms of sales

in convenience store channels, on the back of its numerous Globe SIM and load promos. Matriano said the partnership with 7-Elev-en for POS reloading cements the company’s leadership in providing alternative prepaid re-loading options to serve as many customers as

possible. 7-Eleven is the coun-try’s biggest convenience store chain, accounting for over 50 percent of the convenience store market in the country. More than 100 of its 600 stores are strategically located in buildings that house business process outsourcing firms and

call centers. Victor Paterno, presi-dent of Philippine Sev-en Corp.—operator of 7-Eleven in the coun-try—said 70 percent to 80 percent of the store’s payment service comes from e-loading service and the remaining 20 percent comes from bills payment.

Page 4: Mindanao Daily Balita July 18

4 BusinessWeekmindanaoJuly 18-24, 2011 Companies

2011-370Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial Region

BRANCH 18Cagayan de Oro City

In re: Petition for Cancellation of the Birth Certificate of Minor Child Krizia Angel Lou Galapin Bañez, represented by: Josefina Galapin Bañez & Geronimo Jomaoas Bañez, Petitioners,versus

The Local Civil Registrar of Cagayan de Oro City, Respondent.

Spec. Pro. Case No. 2011-025

ORDER

The instant Petition, filed under Rule 108 of the Rules of Court by Josefina Galapin Bañez and Geronimo Jomaoas Bañez (hereafter petitioners), seeks the cancellation of the record of birth of minor Krizia Angel Lou Galapin Bañez with the Office of the Local Civil Registrar of Cagayan de Oro City. Petitioners averred that the instant petition is not intended to avoid any criminal, civil or financial liability. Neither will the same affect the civil status nor the citizenship of minor Krizia Angel Lou Galapin Bañez. Finding the instant Amended Petition to be sufficient in form and sub-stance, let the initial hearing of this case be set on September 16, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. Respondents Local Civil Registrar of Cagayan de Oro City and any person having or claiming any interest on the cancellation of record of birth of petitioner with the Local Civil Registrar of Cagayan de Oro City may, within fifteen (15) days from notice of this Order or form the last date of publication thereof, file their opposition / comment thereto and appear at the scheduled hearing. Furnish copies of this Order, together with the Petition and its annexes, to the Local Civil Registrar of Cagayan de Oro City, the Office of the Solicitor General, the National Statistics Office, Manila. SO ORDERED. 08 June 2011, Cagayan de Oro City.

(SGD) DENNIS Z. ALCANTAR Presiding Judge

BWM July 18, 25 & August 1, 2011

2011-359Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL10th Judicial RegionCagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFF

NOTICE OF EXTRA JUDICIAL SALEFile No. 2011-309

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by NAAWAN COMMUNITY RURAL BANK (MIS. OR.) INC., as mortgagee, against HERNANADO M. MENDOZA, JR., married to MARSHA P. MENDOZA, of 567 Corona Drive, Tibasak, Macasandig, Cagayan de Oro City, as mortgagor, to satisfy the mortgage indebtedness which as of June 22, 2011 amounts to THREE HUNDRED NINETY TWO THOUSAND TWO HUNDRED NINETY (Php 392, 290.00) PESOS including interests, plus daily interest and expenses thereafter, plus 20% of the total amount of indebtedness as Attorney’s fees, the undersigned will sell at public auction on August 25, 2011 at 10:00 a.m. to 4:00 p.m. at the Office of the Clerk of Court, Regional Trial Court, Room 110, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property described below with all the improvements found thereon, described, to wit:

TRANSFER CERTIFICATE OF TITLE No. T-51400 “A PARCEL OF LAND and all improvements existing thereon, (desig-nated as Lot 2988-A-8-D-8, Psd-10-009091 being a apportion of Lot 2988-A-8-D, Psd-10-002872) situated in the Barrio of Macasandig, City of Cagayan de Oro, Island of Mindanao, containing an area of One Hundred Twenty (120) square meters, more or less.xxx All sealed bids must be submitted to the undersigned on the above stated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, July 6, 2011.

(SGD) ENRIQUE M. TALAG, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao de Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 157-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amend-ed, filed by 1st VALLEY BANK as MORTGAGEE, against LUCIA A. OLAYBAR as MORTGAGOR, of Tinago, Baroy, Lanao del Norte as of July 8, 2011 amounting to EIGHTY THOUSAND PESOS (P 80,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

ORIGINAL CERTIFICATE OF TITLE NO. 19,170 LOT No. 3279-B, Csd-12-004224

“A parcel of coco/cornland situated at Bel-is (Kidalos) Kapatagan, Lanao del Norte, containing an area of SIXTY THOUSAND (60,000) square meters more or less including all the improvements found thereon such as: mangoes, 3 rest house of light materials, corn 150 bags, palay 200 bags, 40,000 nuts per annum, few bananas, gemelina and etc. more particularly described and bounded as follows; Bounded on the North, along line 1-2 by Lot No. 3027, Pls-13, on the East, along line 2-3 by Lot No. 3279-C, Csd-12-004224, on the South, along line 3-4-5-6-7 by Malubog Creek and on the west along line 7-1 by Lot No. 3279-A, Csd-12-004224. Registered in the name of LUCIA A. OLAYBAR, “All sealed bids must be submitted to the undersigned on the above stated time and date. “In the event the public auction shall not take place on the said date it shall be held on August 31, 2011 at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, without further notice.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao de Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 158-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by 1st VALLEY BANK as MORTGAGEE, against DAISY V. RANARA as MORTGAGOR, of P- Masidlakon, Mahayahay, Iligan City as of July 8, 2011 amounting to ONE HUNDRED THOUSAND PESOS (P 100,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

ORIGINAL CERTIFICATE OF TITLE NO. P-10379 Lot No. 68, Pls-13

“A parcel of land (lot No. 68, Pls-13 situated in Lala Proer, Lala, Lanao del Norte containing an area of SIX HUNDRED THIRTY THREE (633) square meters more or less including all improvements found thereon more particularly described and bounded as follows; Bounded on the S., along line 1-2 by Lot 70, Pls-13, on the W., and N., along line 2-3-4 by road; and on the E., along line 4-1 by Lot 69, Pls-13. Registered in the name of DAISY V. RANARA,“All sealed bids must be submitted to the undersigned on the above stated time and date.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Cebu Pacific signs deal to lease 2 Airbus planesBUDGET carrier Cebu Pa-cific has signed six-year operating lease agreements with Dublin-based RBS Aviation Capital for two new Airbus A320 aircraft. The planes will be de-livered in March 2012, the company said in a state-ment. Last month, Cebu Pacific ordered 30 new A321neos and seven A320 from Air-bus for $3.8 billion, to be delivered between 2015 and 2021. The order was on top of 27 A320 aircraft pur-chases that will arrive from September 2011 until 2016. “These two leased A320 aircraft will further increase our fleet size, allowing us to offer lower fares and even more routes, destinations and flights to our guests,”

PLDT: Reducing interconnection charges is unconstitutionalPHILIPPINE Long Distance Telephone Co. (PLDT) last week claimed the proposed reduction in access charges for voice and text messages is unconstitutional, citing exist-ing interconnection agree-ments among the country’s telcos. “At present, there are still valid, legal and subsisting interconnection agreements between telcos that will be curtailed by the draft memo-randum circulars, if issued,” said Alfredo Carrera, head of PLDT regulatory strategy and support, in a position paper submitted to the National Telecommunications Com-mission (NTC). Carrera said the NTC’s proposed rates are also un-

reasonable and unfair when compared to the country’s present access charges against that of neighboring countries. “The draft memo failed to consider other factors such as the average revenue per user and other peculiar conditions in the countries used as a benchmark,” he said. The proliferation of local bypass activities, Carrera said, should also warrant at-tention from the regulator, as these drastically cut interna-tional inbound revenues. “As such, the government also stands to lose significant tax collections from these illegal bypass activities,” he said. Meanwhile, Digital Tele-communications Philippines

said Cebu Pacific president and CEO Lance Gokongwei. Cebu Pacific, a unit of conglomerate JG Summit Holdings Inc., is seeking to more than double its fleet over the next 10 years

as it sees the strength of Asian economies support-ing growth of low-cost car-riers in the region. The airline flies to 34 domestic and 16 interna-tional destinations, includ-

ing Osaka, Seoul, Beijing, Jakarta, Bangkok, Hong Kong and Singapore. This year, it is targeting to carry more than 12 mil-lion passengers. - with a report from reuters

Inc. (Digitel), operator of mobile brand Sun Cellu-lar, proposed to extend the implementation period of the circular from three years to five years. Impact on financial stand-ing Digitel, in its position paper, said the proposed reduction in access charges will significantly impact its financial standing. “With the imposed re-duction on access charges, our revenues are further challenged,” said William Pa-mintuan, Digitel senior vice president for legal services. To cushion the impact of lower charges, Digitel is pro-posing a five-year “glide path” for voice services and a four-

year phased implementation for text messaging services. In Digitel’s proposal, ac-cess charges for voice calls will go down to P3.50 for the first year, P3 for the second year, P2.50 for the third year, P2 for the fourth year and P1.50 for the last year. For text messages, Digitel proposes an access charge reduction of P0.30 for the first year, P0.25 for the second year, P0.20 for the third year and P0.15 for the last year of implementation. In contrast, the NTC draft memo proposes a reduction plan for voice access charges of P2 per minute for the first year, P1.50 for the second year and P1 for the third year.

PNOC-EC set to invest P1B for coal projectsSTATE-OWNED Philippine National Oil Co.- Explora-tion Corp. (PNOC-EC) has decided to invest P1.3 billion to extract coal from two sites in Zamboanga Sibugay, a disclosure filed with the local bourse yesterday showed. “The board approved the recommendation to im-plement the Lower Butong development project and the Sta. Barbara exploration project,” the company said in its disclosure. The figure is broken down as P600 million which will be put into the Lower Butong project and P750 million for

the Sta. Barbara project. Both developments are located in PNOC-EC’s coal service contract 41 in Zam-boanga Sibugay. The company said the investment is “subject to management’s submission of the program of work, cost details and other pertinent operational details at the next meeting of the board of direc-tors.” PNOC-EC earlier said it is open to partnering with other companies to use coal from the Zamboanga Sibugay projects for power plants.

ProjEcts/PAGE 11

Pldt/PAGE 11

Page 5: Mindanao Daily Balita July 18

5BusinessWeekmindanao

July 18-24, 2011

CELIRINA A. CHAN, Resident Manager0920-9826759

Page 6: Mindanao Daily Balita July 18

6 BusinessWeekmindanaoJuly 18-24, 2011 Companies

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

BWM July 4

HOUSE FOR RENTTILED FLOORS, ROOMS & CR

w/ 3 rooms, w/ parking space high fence and gate. All windows w/ concrete grills entire lot 1.5 ft. elevated frm road. Lot Area: 150 sq.m., floor: 75 sq.m. Loca-

tion: B1 L3, Scions Subd., Kauswagan, CDO

Contact: 09279518081 (ALEX)

LOt fOR SALE300 sq. mtrs. (Clean Title)

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100 mtrs left side of Lourdes Grotto , Macale Cmpd. along the Road beside

the water pump station, Contact:09279518081

09497095292BWM July 4

Republic of the PhilippinesOffice of the PresidentHousing and Urban Development Coordinating CouncilHOUSING AND LAND USE REGULATORY BOARDNorthern Mindanao Region 3rd Flr, Dupoint Bldg., Velez St., Cagayan de Oro CityTelephone Nos. (08822) 721466 * (088) 856-5088 * www.hlurb.gov.ph

Notice is hereby given that VCDU Realty Corporation, represented by its President and General Manager, Mr. Victor S. Uy, has filed with the Housing and Land Use and Regulatory Board (HLURB) a sworn registration statement for the sale of lots at Cinderella Crown Villa-Annex Subdivision located at Barangay Bayanihan, Butuan City specifically described as Lot No. 384-B-4-B-1-D-1, Psd-13-001118, that the registration statement and all papers attached thereto are available for inspection during business hours by any person having legal interest thereon and upon proper application, and that the copies there of shall be furnished to such person upon payment of proper fee. Any person with valid objection to the registration of the project may file his objection in writing with the Housing and Land Use Regulatory Board-Northern Mindanao Region, 3rd Floor DuPoint Bldg., Akut-Velez Sts., Cagayan de Oro City, telephone nos. (08822) 721466 * (088) 856-5088 not later than five (5) days from the last date of publication. Cagayan de Oro City, Philippines, 27th day of June 2011

(SGD) PILAR J. JAMANDRE Regional Director

PAUNAWA

NOTICE

Ipinauunawa na ang VCDU Realty Corporation, sa pangangasiwa ni Ginoong Victor S. Uy ay nag harap sa Housing and Land Use Regulatory Board (HLURB) ng isang panunumpang nakatala para sa bilihan ng mga lote sa Cinderella Crown Villa –Annex Subdivision na matatagpuan sa Barangay Bayanihan , Butuan City at sinasakupan ng Lot No. 384-B-4-B-1-D-1, Psd-13-001118, na ang nakatalang pahayag at ang lahat ng kasulatang nakakabit doon ay nakahanda sa pagsusuri ng sinumang taon na nagtataglay ng legal na interes doon pagkaraan ng wastong aplikasyon, at ang mga kasulatan ay ibibigay sa nabanggit na tao pagkatapos ng kaukulang bayad. Sino mang tao na may kapanipaniwalang pagtutol sa pagkatala ng proyekto ay maaaring magbigay ng nilagdaang pagtutol sa Housing and Land Use Regula-tory Board-Northern Mindanao Region, 3rd Floor DuPoint Bldg., Akut-Velez Sts., lungsod ng Cagayan de Oro , telephono numero (08822) 721466 * (088) 856-5088 na hindi hihigit sa loob ng limang (5) araw mula sa pinaka huling pagkalathala. Lungsod ng Cagayan de Oro, Republika ng Pilipinas, ika dalawampu’t-pito (27) ng Junyo 2011.

(SGD) PILAR J. JAMANDRE Regional Director

BWM July 11 & 25, 2011

Airphil Express provides discount on student fareAIRPHILExpress, the fast-est-growing budget airline, is offering a 20-percent student discount on all published fares for domes-tic routes, including those for selected promotional routes. AirphilExpress is the first airline to grant the privilege to students who must be currently enrolled. Student travelers who want to avail of the discount are required to present a valid school ID or registration form upon ticket purchase at selected offices. Post-graduate students can also benefit from the student

discount program. “We want to highlight the passion for travel, and students are the ones who best exemplify the spirit of adventure and curiosity about life,” said Alfredo Herrera, senior vice presi-dent for marketing and sales. “That’s why we decided to give them discounted rates on top of our already affordable airfare,” he said, adding that young people nowadays are more open and curious about explor-ing their surroundings virtually through the In-ternet, and geographically

in world-class destinations with family and friends. “With the student dis-count promo, they can choose from many dif-ferent domestic routes of AirphilExpress and fly to their next adventure as of-ten as they can. This is also a great way to look forward to school” Herrera said, “especially as the discount is offered only to currently enrolled students.” The student discount cannot be availed with other prevailing discounts and tour packages, and is not applicable to other fees, taxes and surcharges.

A power lunch with the Pacman

A LUNCH TO REMEMBER. San Miguel Beer promo winners spend time with their boxing idol Manny Pacquiao

POWER PUNCH. Pacquiao with SMB Wala Kang Katulad promo winners (from left) Reynald Pandan, Art dela Cruz, Mark Glodoviza, Joel Gabo and Jay Punzalan

FEAturEREYNALD Pandan of Sasa in Davao City only wished to win one of the three Manny Pacquiao signed shirts which were raffled off in Kaoris KTV Bar where he and his friends watched the Pacquiao-Mosley May 8 fight but he got more than what he hoped for -- a lunch date and a drinking ses-sion with the world’s pound-for-pound king, together with four other winners from the recent promo thrown by San Miguel Beer. “I went home envying the takers of Pacman’s limited edition shirts. But after two weeks, I received a call from San Miguel Brewery. The guy told me that they will fly me in to Manila to have lunch with Manny. I didnt believe him at first, but after a while, I thought he sounded credible, and became excited to see my idol,” chuckles the 36-year old aircraft mechanic. Eventually, Pandan went to Mandaluyong City, at the Executive Dining Room of San Miguel Corporation’s head office, where he met the other four winners, Jay Punzalan (Quezon City), Joel Gabo (Puerto Princesa City), Art dela Cruz (Manila) and Mark Glodoviza (Navotas City) who, like him, were all fired up to ask Pacman loads of questions – questions about his recent fight with Sugar Shane Mosley, his road to suc-cess, and perhaps, even mun-dane topics that would pop up their minds while drinking San Miguel Beer with Manny. After all, they want to make the most out of their win and it’s not everyday that they get to rub elbows with the world’s most popular ring fighter.But when Pacman appeared before them and warmly greeted them one by one, the highly spirited gentlemen

suddenly turned shy, as if waiting for someone from the group to break the ice. Pandan said to the SMB Marketing team afterwards : “ Pacquiao may not be the type who talks much or initiates a conversation but I can sense that he is an approachable guy. Still, I was hesistant to start a small talk with him. Na-starstruck ako...” Gabo, a government em-ployee, adds : “Masaya na ako na makasama si Pacquiao sa picture at makakuha ng autograph n’ya. For me, that is priceless.” They partook of a sump-tuous lunch consisting of the new congressman’s personal

favorites – tinolang manok, grilled bangus belly, adobo and pinakbet. Their beer-match was the classic sisig and of course, isang platitong mani. Pacquiao, seated on the center, seems to enjoy his meal, his ice-cold Red Horse Beer, and the experience of spending time with his sup-porters less the flurry of a big crowd. For him, it’s not everyday that he gets to lunch with his fans . Until someone from the group asked him “Sir, pang-ilang round nyo kaya mapa-pabagsak si Marquez?,” refer-ring to Pacquiao’s third fight with Mexican Juan Manuel Marquez on November 12. To which Pacman good-naturedly replied : “Ikaw, pang-ilang round mo gusto?” The guy muttered, perhaps after 8 or 5 rounds, but the boxing champ just smiled at him, not confirming his fan’s forecast. Punzalan, owner of a digital printing company, said “ Manny is really a humble person, considering his status. He doesn’t brag. Walang siyang katulad!” The five winners were picked out of over 6,000 hope-fuls nationwide in SMB’s “Wala Kang Katulad” promo. SMB president Roberto N. Huang said that “the con-sumer promo is one way of further delighting loyal San Miguel Beer patrons who we hope to inspire by Manny’s stories of hard work, great faith and love for his roots.” Huang added that the company will continue to provide consumers with ex-citing promos as San Miguel Beer keeps its commitment to nourish Filipino firend-ships. This October, SMB will launch another promo for Pacquiao’s much-awaited fight with Marquez on No-vember 12.

Page 7: Mindanao Daily Balita July 18

7BusinessWeekmindanao

July 18-24, 2011

Page 8: Mindanao Daily Balita July 18

8 BusinessWeekmindanaoJuly 18-24, 2011

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NOTICE NOTICE is hereby given that SANDRA V. BAUTISTA, of legal age, Filipino, widow and resident of Woodland Heights, Macasandig, Cagayan de Oro City, is the surviving wife and the sole and only compulsory heir of the deceased husband, PLUTARCO B. BAUTISTA, who died intestate on December 10, 2010 in Cagayan de Oro City, and left a parcel of land with improvements/residential house, and more particularly described as Lot 5, Block 11, Psd-10-044328, portion of Lot 2835-b, Psd-042804, Macasan-dig, Cagayan de Oro City cov-ered by TCT No. T-192326 for in consideration of P100,000.00 under Notary Public Atty. Mario T. Juni as per Doc. No. 275, Page No. 55, Book No. 157, Series of 2011.

BWM July 11, 18, 25, 2011

NOTICE NOTICE is hereby given that the intestate estate of the late AMADEO VELEZ, left a parcel of registered land known as: l. TCT No.T32478-A parcel of land ( Lot 2968-D-5,C-4, Psd-10-002901 being a por-tion of lot 2968-D-5-C, Psd 10-002193) situated in Ma-casandig, Cagayan de Oro City. containing an area of 152 square meters more or less and 2. TCT No. T-124936-a parcel of land (lot 2968-D-5-C-4-C-2-G-2-B-2-B-3-C-2-C-2-B-2-D-8 Psd-10-032181 being a portion of Lot 2968-D-5-C-4-C-2-G-2-B-2-B-3-C-2-C-2-B-2-D, Psd 10-021785) situated in Macasandig, Cagayan de Oro City, containing an area of 38 square meters more or less. Are the subject of an Extra-Judicial Settlement of Estate with the sale under the notarial Registry of Atty. Tadeo V. Polis-tico, per Doc. No. 318, Page No. 64, Book No. XX Series of 2001

BWM July 11,18, 25, 2011

Congress.Watch

Republic of the PhilippinesREGIONAL TRIAL COURT OF LANAO DEL NORTE

12th Judicial RegionOFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF

Tubod, Lanao de Norte

NOTICE OF EXTRA – JUDICIAL SALEEJF No.: 159-07-2011

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by 1st VALLEY BANK as MORTGAGEE, against DAISY V. RANARA as MORTGAGOR, of P– Masidlakon, Mahayahay, Iligan City as of July 8, 2011 amounting to TWO HUNDRED TWENTY FIVE THOUSAND PESOS (P 225,000.00) only excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on August 31, 2011 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

LIST OF MORTGAGED PROPERTIES

CERTIFICATE OF TITLE NO. P-14,71,Lot 285-B,Csd-12-006894-D

“A parcel of land (lot 285-B, Csd-12-006894-D), situated in the Bar-rio of Matampay, Municipality of Lala, Province of Lanao del Norte, island of Mindanao containing an area of TWENTY EIGHT THOUSAND SIX HUNDRED FIFTY EIGHT (28, 658) square meters, more or less, including all improvements found thereon, more particularly described and bounded as follows: Bounded on the W., along line 1-2 by Lot-285-A on the N, along line 2-3 by Lot No. 285-A, on the E., along 3-4; and on the NE., along line 4-5-6-7 by Lot No. 285-J, on the along line 7-8 by Lot No. 285-A, and on the S., along lines 8-9-10 by road and on the W along lines 10-1 by Lot No. 285-C all of Csd-12-006894-D Registered in the name of DAISY VILLARUEL RANARA, “All sealed bids must be submitted to the undersigned on the above stated time and date.Tubod, Lanao del Norte, Philippines, this 11th day of July, 2011.

(SGD) CONRADO V. HINGCO, JR. Sheriff IV

BWM July 18, 25 & August 1, 2011

Compliments from:

Oro lawmakers seek to tax lotto winnersTWO congressmen from Cagayan de Oro are seek-ing to amend the law that provides tax exemptions to jackpot lotto winners in the country. The lawmakers cited the case of a balikbayan who recently won the Philippine Lotto jackpot prize of P741 million and paid the US gov-ernment P200 million in taxes because he is a US citi-zen. “Why should foreign gov-ernments benefit from the lotto winnings of Filipinos?” asked Cagayan de Oro 2nd District Rep. Rufus Rodri-guez and Abante Mindanao party-list Rep. Maximo Ro-driguez Jr. “That P200 million could have instead gone to the Phil-ippine government if only lotto winnings were taxed in the country,” the 2 congress-men noted. The 2 lawmakers said there is no reason why the Philippine Charity Sweep-stakes and lotto winnings cannot be taxed since the law provides that prizes and winnings are taxable. Both solons referred to Republic Act 8424 otherwise known as the Tax Reform Act of 1997, which provides the general definition of the tax-able “gross income” in Section 32. The law defines the tax-able gross income as all in-come derived from what-ever source, including but not limited to compensation for services in whatever form paid, including, but not lim-

ited to fees, salaries, wages, commissions, and similar items; gross income derived from the conduct of trade or business or the exercise of a profession; gains derived from dealings in property; interests; rents; royalties; dividends; annuities; prizes and winnings; pensions; and partner’s distributive share from the net income of the general professional partner-ship. The solons also noted the taxes that can be imposed on huge jackpot prizes could amount to much needed revenues for the government. There are instances when the jackpot prizes for the numbers game lotto reached hundreds of millions of pesos, and it is common for lotto jackpot prizes to hit P100 mil-lion, P200, P300 million and higher according to them. The solons’ proposal would entail further amend-ment to RA 8424, particu-larly Section 24 on Income Tax Rates and Section 25 on Tax on Non-resident Alien Individuals, which currently provides for the tax exemp-tion of the Philippine Charity Sweepstakes and lotto win-nings. In House Bill 4832, the so-lons proposed an amendment to Section 24(B)(1) of RA 8424 on Interests, Royalties, Prizes and Other Winnings, so that “A final tax at the rate of 20 percent is hereby

imposed upon the amount of interest from any currency bank deposit and yield or any other monetary benefit from deposit substitutes and from trust funds and similar ar-rangements; royalties, except on books, as well as other literary works and musical compositions, which shall be imposed on a final tax of 10 percent; prizes (except prizes amount to P10,000 or less which shall be subject to tax under Subsection (A) of Sec-tion 24; and other winnings, derived from sources within the Philippines.” The bill also provides for the amendment of Section 25(A) (2) on “Cash and Prop-erty Dividends from a Do-mestic Corporation or Joint Stock Company, or Insurance or Mutual Fund Company or Regional Operating Head-quarters or Multinational Company, or Share in the Distributable Net Income of a Partnership (Except a Gener-al Professional Partnership), Joint Account, Joint Venture Taxable as a Corporation or Association, Interests, Royalties, Prizes, and Other Winnings. Cash and property dividends from a domestic corporation, or from a joint stock company, or from an insurance or mutual fund company or from a regional operating headquarter of a multinational company, or the share of a nonresident

Nautical highway used by carnappersTWO lawmakers attribute the “easier” transportation of stolen vehicles from Metro Manila to the Visayas and Mindanao to the previous administration’s promotion of the Philippine Nautical Highway. Cagayan de Oro Rep. Rufus Rodriguez and Abante Mindanao Inc. party-list Rep. Maximo Rodriguez, Jr. said the nautical highway, which was among the flag-ship projects of former Presi-dent and now Pampanga Rep. Gloria Macapagal Ar-royo, has become the conduit of carnapping activities in the country. “The transport of these carnapped vehicles is made easier because of the promo-tion of the Philippine Nau-tical Highway under then President Gloria Macapagal-Arroyo,” they said. Rodriguezes filed House Bill 4500 urging the Philip-pine National Police High-

way Patrol Group (PNP-HPG) to address the ram-pant practice of carnapping syndicates of transporting stolen vehicles from Metro Manila by land or on board sea vessels to evade arrest and detection. Under the bill, all ve-hicle owners are required to secure clearances first from the PNP-HPG before they will be allowed to transport their cars in any parts of the country. “Securing clearances from the PNP-HPG would deter the modus operandi of these carnapping syndicates,” Cagayan de Oro lawmaker said. Quoting HPG statistics,

Rodriguez said at least 300 cars stolen in Luzon have been recovered in different parts of Mindanao since 2005, revealing that there is a huge market for carnapped vehicles in the Visayas and Mindanao and in other parts of the country. In the operations of the HPG in Zamboanga del Norte alone from late 2010 until February 2011, 15 car-napped vehicles have already been recovered, he said. “This is an example of the new modus operandi of these carnapping syn-dicates. All of the stolen vehicles from Metro Manila are transported to different provinces all over the coun-try to prevent detection,” Rodriguez said. He said that operations start when a client would order a certain model of a car from the carnapping syn-dicate which in turn would steal it in Metro Manila and is later delivered to the client. The brother-lawmakers also noted that erring Land Transportation Office (LTO) personnel in the province are facilitating the registration of

lAwMAkErs/PAGE 11

nAuticAl/PAGE 11

Page 9: Mindanao Daily Balita July 18

9BusinessWeekmindanao

July 18-24, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBranch 44

Initao, Misamis Oriental

Trixia R. Bagares, Civil Case No. 2010-956 Petitioner, -versus- For: Declaration of Nullity of MarriageEustaquio C. Magallanes Jr., Respondent.X------------------------------------/

SUMMONS BY PUBLICATION

TO: EUSTAQUIO C. MAGALLANES, JR. ANDALES, INITAO, MISAMIS ORIENTAL

OR AT: GIMANGPANG, INITAO, MISAMIS ORIENTAL

G R E E T I N G S ! This Court issued an order dated July 07, 2011 allowing Summons be served upon the EUSTaQUIo C. maGaLLaNES, JR. in a newspaper of general circulation, pursuant to Section 6 of the Rule on Declaration of Nullity of Void marriages. It is pursuant thereto that this Summons by Publication is issued. WHEREaS, quoted hereunder is the Petition, to wit: “Petitioner, TRIXIa R. BaGaRES, through undersigned attorneys, unto this Honorable Court, most respect-fully states that: 1. Petitioner is of legal age, (34 years old) filipino, married and with residence and postal address at Gimangpang, Initao, misamis oriental. Legal papers and processes intended for or emanating from this Honorable Court may be served at the address of the undersigned counsel at 2712 Juan Luna avenue, mabolo, 6000 Cebu City; 2. Respondent is also of legal age, (30 years old) filipino, married and with last known addresses at andales, Initao, misamis oriental and/or Gimangpang, Initao, misamis oriental. His current whereabouts is unknown to the Petitioner; 3. Petitioner and Respondent met sometime in 2003. In the year 2004, Respondent solicited donation from the Petitioner for a school project, a yearbook – because he was graduating from college at that time. Respondent courted the Petitioner in the second paragraph of his Thank You letter to her for the donation that she gave to Respondent; 4. Since then, Petitioner and Respondent had a continued and extremely passionate communication and made a lot of exchanges so that on october 12, 2005 which is the birthday of the Petitioner, the two (2) become officially sweethearts; 5. at the time Petitioner and Respondent became sweethearts, the Petitioner’s father was seriously ill and having Respondent being there as her shoulder to cry on, Petitioner fell so in love with the Respondent; 6. In June 2008, Respondent and Petitioner set their wedding date on December 23, 2008 and from then on, both were busy preparing for their big day. Petitioner who works in Canada as a care-giver shouldered almost all of the expenses for the big day, while Respondent with the assistance of the Petitioner’s mother prepared the details of the celebration requisites in their hometown in Initao, misamis oriental; 7. Petitioner and Respondent got married in a Catholic wedding ceremony in Gitagum, misamis oriental on December 23, 2008. (Machine copy of the Certificate of their Marriage officiated by Rev. Fr. Doroteo Jr. S. Rabuyo, SSJV is hereto attached as annex “a”); 8. on January 27, 2009 Petitioner left again for Canada to return to her work. She then declared the Respondent as her dependent family member in her application for PERmaNENT RESIDENCE VISa in Canada in order for both of them to start a family in a greener pasture; 9. at the time of the celebration of the marriage however, Respondent was already suffering from psychological incapacity to comply with the essential marital obligations although this incapacity only surfaced and was discovered by the Petitioner only during the marriage; 10. This psychological incapacity manifested itself in many ways, more particularly in Respondent’s refusal to live together, give mutual love, support, respect and fidelity to Petitioner; 11. This is evident when on June 19, 2009, the Embassy of Canada sent Respondent a kit of documents for him to fill up and an instruction for him to return it to the Embassy’s Office along with all the appropriate records and forms within 60 days from the date thereof as a requisite for the Petitioner’s and Respondent’s joint Canadian PERmaNENT RESIDENCE VISa aPPLICaTIoN; 12. In order to assist Respondent in complying the requisites for their Joint Permanent Residence Visa application, Petitioner told Respondent that they do live camera to camera conversation over the internet (“live chat”, in internet parlance) to discuss pertinent information relative to the said visa application; 13. Respondent however failed to have “live chat” with Petitioner for several times which made her wonder why Respondent seemed not anymore interested in complying with the requirements for their joint visa application, when in fact before they got married, respondent was the one who was very eager to come to Canada and live with her to start their family there; 14. from then on, Petitioner have been deeply troubled when Respondent would become easily irritable whenever she coaxed Respondent to process the requirements for their application every time she had a chance talking to him over the phone; 15. In the second week of July 2009, Petitioner was tremendously devastated when Respondent confided to Petitioner that he is no longer interested to pursue their joint visa application as he has already nurtured a romantic relationship with another woman – whom Petitioner later found out to be Pinky maestrado (a 49 year-old widow) – and starting thereon, Petitioner lost her communication with Respondent as the latter’s mobile phone was always out of reach whenever Petitioner dialed it day after day; 16. In September 2009, when Petitioner was still in the state of deep emotional distress and intense sadness on what happened to her marriage, she contacted her cousin, Jeffrey C. abellanosa who works under the National Bureau of Investigation in Cagayan de oro City to look for Respondent as Petitioner had already lost contact with him so that this cousin, Jeffrey C. abellanosa could help her convince Respondent to talk her for a possible reconciliation; 17. Petitioner however was instead awfully devastated even more when Respondent told her cousin to inform her not to bother seeing Respondent again as he had already made a decision to instead live with his mistress; Pinky maestrado for good and that he had long been decided to abandon his plan to live with Petitioner as his wife and to start their family in Canada; 18. Hoping against hope to be reconciled with Respondent, Petitioner went home in Initao, misamis oriental on october 11, 2010 and requested Respondent’s brother, Elmer C. magallanes to help her re-connect with the herein Respondent but the same cold reply to forget him and Petitioner’s marriage with him because he is already happy in the arms of his mistress, Pinky maestrado was all she gathered from the respondent; 19. To this date, Respondent never showed up himself to Petitioner which has hugely aggravated the latter’s emotional turmoil; 20. Respondent’s deliberate act in abandoning Petitioner and their joint permanent residence visa ap-plication will most probably cause Petitioner loss her job in Canada if the Canadian Embassy so decide to refuse her visa application due to Respondent’s failure to act on the requisites set forth by the Embassy. (machine copy of the Last Warning dated august 27, 2010 sent to both Petitioner and Respondent by the embassy is hereto attached as annex “B”.); 21. Petitioner and Respondent did not acquire any property and they do not have a child born during their marriage; 22. Petitioner respectfully invokes article 36 of the family Code for this Honorable Court to declare her marriage a nullity on the ground of Respondent’s psychological incapacity to comply with the essential marital obligations. WHEREfoRE, premises considered, it is most respectfully prayed that after due notice and hearing, the instant petition be granted and the marriage of the Petitioner to the Respondent be declared a nullity from the beginning on the ground of respondent’s psychological incapacity to comply with his essential marital obligations. other just and equitable reliefs are likewise prayed for. Respectfully submitted, october 28, 2010. Cebu City for Initao, misamis oriental, Philippines.

SUSUSCo CaVaLES LaW offICES Counsel for the Petitioner 2712 Juan Luna avenue, mabolo 6000 Cebu City Email add: [email protected]

By atty. Peme J. Cavales Roll No. 50020 PTR No. 6410738/Cebu Province/1-13-10 IBP No. 809774/Cebu City/1-08-10 mCLE Compliance No. II-0018800 mCLE 3rd Compliance, on process by IBP Cebu Province ChapterRepublic of the Philippines)City of Cebu )S.S.

VERIfICaTIoN aND CERTIfICaTIoN of NoN-foRUm SHoPPING

I, TRIXIa R. BaGaRES, of legal age, married, filipino and a resident of Gimangpang, Initao, misamis oriental, on oath state, THaT: 1. I am the Petitioner in the above-entitled case; 2. I have caused the preparation and filing of the foregoing Petition; 3. I have read the same and understood the contents and allegations stated therein, and that the same are true and correct to the best of my personal knowledge and based on authentic documents; 4. There is no other action or proceeding pending before the Supreme Court, the Court of appeals, or any other tribunal or agency similar to the foregoing, and should I thereafter learn that a similar action or proceeding has been filed or is pending before any of these courts, tribunal or agency, I shall undertake to report this or such fact within five (5) days therefrom to this Honorable Court.

IN WITNESS WHEREOF, I have hereunto affixed my signature this October 28, 2010 at Cebu City, Philippines. TRIXIa R. BaGaRES

SUBSCRIBED AND SWORN to before me in the City of Cebu, Philippines this October 28, 2010, with affiant exhibit-ing to me as competent evidence of her identity: Passport No. UU0689919 issued by the Philippine Consulate General in Toronto, Canada, valid until march 22, 2012.

atty. Peme J. CavalesNotary Public

Notarial Commission No. 0232 Until December 31, 2010Doc. No. 352 PTR No. 6410738/01-13-10/Cebu CapitolPage No. 70 IBP No. 809774/01-08-10/Cebu CityBook No. III Roll of attorneys No. 50020Series of 2010. NoW THEREfoRE, through this Summons by Publication, EUSTaQUIo C. maGaLLaNES, JR. of andales, Initao, misamis oriental or/and Gimangpang, Initao, misamis oriental is hereby required to answer the Petition within thirty (30) days from the last issue of publication. So ordered. WITNESS the HoN. JUDY a. SIa-GaLVEZ, acting Presiding Judge of this court, this 7th day of July 2011 at Initao, misamis oriental.

(SGD) ATTY. IAN C. TAJONERA-BERNARDO Clerk of Court VIBWM July 18, 25 & August 1, 2011

Billboard

Accountancy Week aims to promote stronger PICPA

By JOE PALABAOCorrespondent

members of the chapter will have their courtesy call at the Office of City Mayor and the Offices of Congressmen of the districts 1 and 2. On July, it would be GACPA Day with a Seminar on Tax Update. By July 20, there will be a Search for Most Outstanding Accounting Student at the

WITH the National Theme for FY 2011-2012: Towards A Stronger PICPA, 470 ac-tive members of the Cagayan de Oro- Misamis Oriental Chapter Philippine Institute of Certified Public Accoun-tants (PICPA) celebrate Ac-countancy Week from July 17-23, 2011. The week long activi-ties will focus on the three main thrusts of the institute: Solidarity, Service and Social Responsibility. The celebration starts today with a mass held at the Xavier University Chapel, and will be followed by a mo-torcade. The opening salvo at the Lourdes High School Macasandig Gym includes games among PICPans and JPIAns. The next day, officers and

Limketkai Center. Activities on July 21 in-clude ACPAPP Day with an Orphanage Visit, then fol-lowed by a feeding program to children-beneficiaries on July 22. The last day, July 23, there will be a symbolic tree plant-ing, JPIA Activities and the

Accountancy Week Culmi-nating Night at the Liceo de Cagayan University. In congruence to one of the main three thrusts of PICPA for the year 2011-2012 which is Social Responsibil-ity, CDO-MIS OR Chapter President Reolito “Rio” V.

PicPA/PAGE 11

busEco/PAGE 11

By FLORGENE SUMIN-TAN, Contributor

M A N O L O F O R T I C H , Bukidnon --The Bukidnon Second Electric Cooperative (BUSECO) Inc. will hold its 29th Annual General Mem-bership Assembly (AGMA) on July 30, 2011 at the BUSE-CO RQIM Hall, Main Office,

BUSECO to hold its 29th AGMATankulan, Manolo Fortich, Bukidnon.

With the theme, “Power-ing BUSECO…through Sus-tainable Flagship Programs”, the annual assembly will start at 1 to 5 in the afternoon and will be a synchronized baran-gay member consumer own-ers’ (M-C-O) assembly that will be conducted simultane-ously in 170 barangays cover-

ing the BUSECO districts of Baungon, Libona, Malitbog, Manolo Fortich, Sumilao, Impasug-ong, Malaybalay, Cabanglasan, Lantapan, and portions of Talakag and Va-lencia.

It will be facilitated and hosted by the Barangay Mem-ber Consumers Electrifica-tion Committee (BMCEC)

Page 10: Mindanao Daily Balita July 18

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Start a New Relationship with Someone You Already Know

The Bangko Sentral at 18

Unique talent

THINK a minute… A recent study of fa-thers and their children was done in America with shocking results. The study showed that the average fa-ther spends only 37 seconds each day actually talking and listening to his child. Inside our family, we can live separate lives in our own world. Even though we live together, we don’t really know each other and what each of us is feeling and going through. A teenager’s gravestone read: “Couldn’t you see that I was dying?” Dad and Mom, some-times we can read the weath-er signs better than we can read our own kids. Often we don’t know what they’re facing and feeling. We don’t know their fears, hurts, or

frustrations. Are we really listening and understanding each other? Or do we just go through the motions every day, but actually close our ears and hearts to them? Is it because we’re not really interested? Or do we simply not want to know the truth because we’re not sure how to handle it. We don’t want to be confused with the facts! Sometimes we parents choose to put our time and energy into our job and career because it’s easier than really dealing with our kids or our spouse. But the more we escape from each other and our relationship challenges, the more distant and lonely we become. Why not start a new relationship with your mate and children? Today, you

can start changing. You can start tearing down the walls between you and your loved ones, and start building a new, closer relationship with them. First, we have to let go of old hurts and anger toward each other. We must choose to forgive them and begin again. We also must stop having such unfair, high expectations of our kids, wife or husband, so they feel that we’ll only love them if they do what we want. You see, it all begins with starting a new relationship with the One Who gave us each other. In fact, Jesus died just so you and I could be forgiven of all our wrongs and enjoy a daily, personal relationship with Him. So why not ask Jesus to forgive

you and take charge of your new life with Him? He’s the One Who can give you His kind of love and power you need every day to start build-ing and enjoying the close, happy family you want. Just think a minute…

THE Bangko Sentral ng Pili-pinas (BSP) had its very own “coming-of-age” celebration when it observed its 18th anniversary last week. The theme of the celebra-tion was futuristic (com-plete with outer space decor and sci-fi music at the BSP Assembly Hall), with the program aptly entitled, “A Journey Into the Future.” In any coming-of-age party, the debutante looks back wistfully (but without regret) at the years she left behind while at the same time, excitedly anticipates the bright and promising years ahead. Such was the case of BSP at 18. As BSP Governor Amando Tetangco, Jr. said, there are many reasons for

the BSP to celebrate this milestone. Tetangco pointed out that in its 18 years of exis-tence, the BSP has estab-lished a solid track record in promoting monetary and financial stability in the Phil-ippines. The BSP, according to Tetangco, did so by ensur-ing that prices are kept low, stable, and within target; safeguarding the stability of financial institutions; main-taining an efficient payments and settlements system; pur-suing programs supportive of inclusive growth; and put-ting in place support services for institution building. The men and women of the BSP have been working diligently to make sure that

prices in the country are kept low and stable, Tetangco said. “Since our adoption of the inflation targeting frame-work in 2002, we have re-mained vigilant against signs of inflation pressures and adjusted our policy settings appropriately and preemp-tively to ward off inflation threats,” the BSP Governor said. Happily, the BSP has suc-ceeded in keeping inflation stable at single-digit levels. In 2009 and 2010, the BSP managed to steer inflation within the target range. Tetangco added that based on the first six months of 2011, it appears that in-flation will continue to be manageable.

The BSP has likewise safeguarded the health and stability of the Philippine banking system and created a steadily growing and stron-ger financial system char-acterized by an expanded deposit base, improved asset quality, better bank capital-ization, robust profits, and sufficient liquidity. The central monetary authority’s payments and settlements system has re-mained consistently safe, efficient, and reliable, ac-cording to Tetangco. It has further boosted confidence in our financial system and recently lowered remittance charges of overseas Filipinos through the PhilPaSS Remit System. Tetangco also said that

the BSP has been implement-ing programs that facilitate access to credit, build pro-ductive capacities, and create opportunities in the Philip-pine countryside. Such inclusive programs include microfinance, which provides the country’s en-trepreneurial poor access to collateral-free loans and a number of financial services (e.g. deposits, payment ser-vices, money transfers, and insurance). The BSP has expanded the access of small and medium enterprises to collateral-free loans through the creation of Credit Surety Funds or CSFs. It also intensified its Economic and Financial Learning Program (EFLP) which incorporates all of the

Bank’s educational outreach activities across various sec-tors of Philippine society. Tetangco stressed that for the BSP, having financially literate Filipinos is a basic foundation in building a strong and inclusive financial system.

I’VE been told by a few well-intentioned friends that my writing is high-faluting, and sometimes they can’t understand my meaning. Ouch! I ex-plain to them that Business Week Mindanao caters to the AB crowd. Our target markets are those who are in the mainstream of business. Secretly I also wanted to say, “Go get a dictionary.” To make my column sizzle, I have to keep my thoughts blazing and my words glowing. This is to prevent my readers from complaining that I have no right to write. So I strive to rise above the commonplace and risk the highfaluting phrase. I’m happy to announce that the highfaluting tangle has been untangled. BWM has come out with a sister publication, the Mind-anao Daily Balita. This is a local Bisaya newspaper intended for the masa. I

write a weekly column there in the vernacular. It is simple, straightfor-ward and appropriately low-faluting. My column entitled “Kalipay nga Mo-lahutay” is in the genre of inspirational (I believe), life-transforming (I hope), and spirit-filled (I pray). I invite you to give it a quick peek. I’m usually there Fridays. All my writings have a recurring theme: the Al-mighty God. That is non-negotiable. He is the rea-son why I go through the trouble of painting pictures using words. What is the point of possessing a talent if it does not pay homage to the generous Giver of Talents? We might as well squander our gifts on mindless amusements, if we are not accountable for it. He to whom much is given, much is expected. He to whom much is pro-vided, much is demanded. Talent that does not re-

flect God’s glory is like fake jewelry. It is not a valuable asset but a worthless piece of junk. Its only function is to be flashed for vanity and frivolity. Each of us has our own unique gifting. Where our talent is, our life’s purpose is close at hand. The abili-ties we possess give us a clue how we can best serve our God, who is so lavish with His gifts. If you can sing, your songs are meant to give joy and to praise Him. If you are articulate, God intends for you to be His mouthpiece, to enrich lives and speak about His kingdom. If you are an artist, let your beautiful handiwork dazzle the eye and proclaim His majesty. Don’t stray far from your field of talent. Be still and let God mold you into a flawless image. Don’t jump from the mold before you are fully cooked. In-stead of a nose, you might get a snout. Oink! When

you endure God’s carving chisel, you will experience a life overflowing with ful-fillment and contentment. To refuse His sculpting hand is to miss the fantas-tic future He has planned for you. There are already too many miserable people trapped in a meaningless existence. Don’t add to their ranks. As for me, highfaluting or low-faluting, I am deter-mined to keep on writing!

10 BusinessWeekmindanaoJuly 18-24, 2011 Opinion

Page 11: Mindanao Daily Balita July 18

11BusinessWeekmindanao

July 18-24, 2011Views.Opinion

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

12th Judicial RegionBRANCH 07

Tubod, Lanao del Norte

In re: PETITION FOR CHANGE OF Spl. Proc. No. 244-07-2011 NAME IN THE CERTIFICATE OF LIVE BIRTH OF FRANCIS PACOY SUANO to FRANCISCO PACOY SUANO

Likewise, for the CORRECTION OF ENTRY IN THE DATE OF BIRTH IN THE SERVICE RECORD OF FRANCISCO PACOY SUANO. For: CHANGE OF NAMEFRANCISCO P. SUANO, Petitioner. - versus -THE LOCAL CIVIL REGISTRAR OFPAGADIAN CITY, Respondent.HUMAN RESOURCES & MANAGEMENTOFFICER of the Municipality of Tubod, Lanaodel Norte, Respondent.X-----------------------------------------------------------/

ORDER

A verified petition for change of name in the Certificate of Live Birth of FRANCIS PACOY SUANO otherwise known as FRANCISCO PACOY SUANO and corection of entry in the date of birth in the Service Record of FRANCISCO P. SUANO in the office of the Human Resources and Management Office in the Municipality of Tubod, Lanao del Norte filed before this Court on June 13, 2011 by the herein petitioner, praying that after notice and hearing, an Order be issued directing the Respondents to effect the change of name and the correction of the entry of the date of birth in his Service Record, respectively. Petition alleges that he is a Filipino, of legal age, married and resident of Poblacion, Tubod, Lanao del Norte. Respondent is the City Civil Registrar of Pagadian City and the other is the Municipal Human Resource Management Officer of the Local Government of Tubod, Lanao del Norte. Petitioner was born on April 11, 1950 and the facts of his birth was duly registered at the City Civil Registrar of Pagadian City. His first name as appearing in his Certificate of Live Birth is FRANCIS and not FRANCISCO as the name he is known of and as the one appearing in all his documents of importance. He is a government employee being the Municipal Agriculturist of the Municipality of Tubod, Lanao del Norte. However, in all his documents of importance relative to his employ-ment with the different government agencies-GSIS, PAG-IBIG, LTO, PHILHEALTH, his birthdate is erroneous as it has always been indicated as April 01, 1953 instead of April 11, 1950 as appearing in his Certificate of Live Birth. Since he was in grade school and up to college, he had always indicated in his school records FRANCISCO and his first name and APRIL 1, 1953 as his “date of birth”. Such facts he carried until he graduated college, as evidenced by his Official Transcript of Records of Panao College of Fisheries and Misamis University. His data on his first name and date of birth as appearing in his college records were eventually copies and used in his Service Records and has been the basis of his personal data with all those aforementioned government agencies. That there is a need to change/correct his “date of birth” in his Service Record in order to reflect the true and correct date of birth as reflected in his Certificate of Live Birth. Petitioner is of good moral character and has never been convicted of any crime especially those involving moral turpitude. That he filed the petition in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same. To avoid any confusion, petition filed at the instant petition. Set the initial hearing of the petition to August 9, 2011 at 8:30 in the morning before the sala of this Court. Any person/s who has objection to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of the Order to the Office of the Solicitor General at Makati City, the Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the City Civil Registrar of Pagadian City, Office of the Hu-man Resource and Management of the Local Government of Tubod, Lanao del Norte, Atty. Dorothea S. Basalo and to the petioner, Mr. Francisco P. Suan of Poblacion, Tubod, Lanao del Norte. Petitioner is hereby directed to publish copy of the Order to Business Weeks, a newspaper of general circulation for three (3) consecutive weeks, at his expense. So Ordered. Tubod, Lanao del Norte. June 16, 2011. (SGD) ALAN L. FLORES JudgeBWM July 11, 18, 25, 2011

NOTICE NOTICE is hereby given that MR. JEFFREY S. CO, has filed with the Housing and Land Use Regulatory Board, a sworn statement for the CANCELLATION OF LICENSE TO SELL, located at Poblacion, El Salvador City, Misamis Oriental, described as Lot Nos. 1-34, Pcs-10-003952 and covered by TCT Nos. 47469 to 47483, 484500, 474501, 55768, 55770, 55771, 55773, 55775, 55777, 55779, 55781, 55783, 55785, 55787, 55789, 55791 and 55793. Any valid objection may be filed in writing with the Housing and Land Use Regulatory board, Northern Mindanao Region, 3/F Dupoint Building, Velez Street, Cagayan de Oro City with telephone number 272-1466, within ten (10) days from the date of publication.

BWM July 4 & 11, 2011

On the Significance of Tumor Markers

LAST week, I touched on man’s greatest scare, which is prostate cancer. In the course of the discussion I mentioned a laboratory test that is most helpful to the Clinician friends, in guiding them, as to the next step in order to arrive at the correct diagnosis: PSA or prostate specific antigen. PSA is actually a Tumor Marker. This week I am sharing with you the signifi-cance or usefulness of tumor markers. Tumor markers are substances that are found in the blood, urine, or tissues of some patients who have the big C. Different types of can-cers have different types of tu-mor markers, too. The most commonly associated organs when one is entertaining the Big C, like the prostate as stated will request PSA. The breast, the lungs, the colon, and the female reproductive organs, likewise has their own set of tumor markers. These tests maybe used to help in the diagnosis, but is never absolute. Meaning, in general, it cannot be used solely for the purpose of di-agnosis! The rationale behind, being, that, these markers maybe elevated in benign conditions, in inflammations and is more often than not, never really specific. How-

on the patient’s response to the present therapy. A decreasing level or a return to the normal value of the said test is indicative of good response to the treatment! If however, the level , continues on to increase, it may imply that response to the existing treatment modality is not that good. In instances where the tumor has a propensity for recurrence, the tumor marker is very useful in determin-ing whether the patient may have the disease again despite completion of the treatment. Its importance then, can-not be underestimated. Word of caution though: a single test result is not definitive. It is most wise to rely on serial measurement results before one can say that the result is meaningful. It is likewise best to check the level, at the time of diag-nosis, before, during and after treatment. I would say that it is also or paramount im-portance to note that, when one has the test done, it is good practice to have the ex-aminations repeated in the same laboratory ( for the se-rial measurements as stated above ). Each laboratory has its own standard prac-tices and the machine / test method utilized in running it will likewise vary.

ever, if used in conjunction with other examinations, then its value as a tool be-comes significant. The beauty though is this: it can be used actually as a screen-ing test, which your doctor may request for, despite the absence of any signs and symptoms, when there is a strong family history of the disease. There are instances when even if the mass is not yet palpable or visible to the clinical eye and the radiologic techniques may not yet show the presence or the tumor, whether benign or malignant, the tumor marker may al-ready be elevated, thus alert-ing the attending physician to the possibility of its presence. When the diagnosis for the big C is confirmed, the test can be useful in predict-ing a patient’s response to a particular treatment or check

Projects...from page 4The company also announced a cash dividend of P2 billion to stockholders to be paid out on July 28. PNOC-EC reported a net income of P680.9 million for the first quarter of the year, up 259% from P189.5 million in the same period last year. PNO C-EC’s Class A shares, or shares that can be bought only by Filipinos, closed flat at P24 apiece while Class B shares, which can be bought by Filipinos and foreign investors, remained unchanged at P57 a piece.

For text messages, the regulator wants the charged lowered to P0.25 per text message in the first year, no higher than P0.20 in the sec-ond year and no more than P0.15 in the third year. Like competitor Globe Telecom, Digitel has asked the NTC to defer the start of the draft memo’s implemen-tation to January 2012, and called on the regulator to also look into the access charges for local exchange carrier services, or landline calls.

PLDT...from page 4

Lawmakers...from page 8nonresident alien individual in the distributable net in-come after tax of a part-nership (except a general professional partnership) of which he is a partner, or the share of a nonresident alien individual in the net income after tax of an association, a

joint account, or a joint ven-ture taxable as a corporation of which he is a member or a co-venturer; interests; royal-ties (in any form); and prizes (except prizes amounting to P10,000 or less which shall be subject to tax under Sub-section (B)(1) of Section 24) and other winnings; shall be subject to an income tax of twenty percent (20%) on the total amount thereof.” The bill provides that the PCSO and the Bureau of In-ternal Revenue shall issue the rules and regulations neces-sary for the full implementa-tion of the Act.

the exit conference, their as-sessment and recommenda-tions regarding some identi-fied programs for a sustained quality college education of MOSCAT. Quirino affirmed to vari-ous stakeholders present during the said conference his commitment and vow in the pursuit of making MOSCAT, a center for quality education.

Schools...from page 2

centavo; besides, the amount already came from the return on our investment.” Even this latest investment made by the aligonero couple has also already been recovered by now and armi is all set to go to a pleasure trip to malaysia as part of her incentive for her business performance. What’s more, armi is not the only one to enjoy this reward which is part of the annual incentive offering of Gano iTouch. a total of 50 Gano iTouch stockists will soon be on a flight bound for malaysia for n all-expense-paid pleasure trip. Gano iTouch conducts a regu-lar travel promo where qualified distributors are rewarded the chance to witness the product source, Gano Excel factory and the Ganoderma (red mushroom) plantation, the biggest in the world. “my husband and I look for-ward to his reirement in just a few years, maybe in 5 – 6 years, both of us actually slated to retire al-most at the same time,” armi, who concurrently works 2 – 3 days a week as a clinical instructor at the Iloilo Doctors College, shared. a nurse by profession. arni was an ofW herself in 1982 who came home in 1995 after fulfilling her employment contract in Saudi arabia and Kuwait where at some

Gano...from page 18and so as soon as I found the chance to buy the rights to a bigger mall space, I decided to expand the center, simultaneously operating a coffee shop which I named Coffee Time, using our own Gano iTouch products,” she continued. asked how much she spent when she set up the center cum coffee shop at the mall, she said, “We shelled out three hundred sixty-four thousand pesos (P364,000), for the rights and rental requirements, but that investment was well worth every

points she worked with multi-nationalities as Intensive Care Unit Nurse in a military Hospital. at the same time, she was in and out of the hospital taking care of the members of the Royal fami-lies (Late King fahad Ben abdul aziz). armi has three children, aged 9, 14, and 20, who also get to have their own work time and coffee time at their own corner in marymart mall. It looks like even business time is bonding time for this ofW family. asked how armi got to learn about the Gano iTouch business, she said, “Through my husband’s friend, and I feel that it’s now my responsibility to share it, too, to other ofW families, so they can have not only the comfort God has allowed us to enjoy but more so, the opportunity for constant togetherness in our family, and health brought to us by Gano iTouch healthy coffee, made out of the King of Herbs, red mush-room, grown in the world’s largest organic plantation of Ganoderma Lucidium in alo Satar, malaysia.” “a family that’s able to stay together, even able to do business together, work and enjoy together, is what everyone must strive for. as ofWs we miss out a lot on these sweet things in life.” according to armi, before

she could really share about this Gano iTouch business by driving other ofWs to open both web-sites www.ganoitouch.com and www.ganoexcel-malaysia.com, she’d first like to share one truth:

“Power comes from prayer, and the secret of a successful busi-ness is continuous prayer.” Sharing this opportunity is for armi aligonero her way of paying forward.

PICPA...from page 9

Dahilayan, Manolo Fortich with ABANTE Mindanao Party List Representative Congressman Max-imo B. Rodriquez. Goat Dispersal Program for Lumbia Community for beneficiaries’economic benefit. The Chapter is also very active in helping STEAG re Project Pollu-tion Elimination in the country. To show strength and solidar-ity among members of PICPA in CDO-Misamis Oriental and in Northern Mindanao, a 4-Million 3 storey building will soon rise on a l50- square meters area along JR Borja-Burgos Street. Initial funding of 2 Million is at hand of which One Million is being donated by lawmaker par excel-lence, Hon Rufus B. Rodriquez of CDO Congressional 1st District and another One Million from the Chapter. On-going Program for Professional Development, Membership, More Power Pro-

told media men that PICPA mem-bers believe that their responsibili-ties extend beyond the accounting profession and espouse a deeper sense of social responsibility to the various stakeholders that they serve and have launched laudable projects that create and introduce changes geared towards improving the quality of life of people in the community. To date PICPA CDO MIS Or Chapter with Up Town Rotary Club is into Feeding Program of the more than 200 malnourished children of Oloy Roa Elementary School at Calaanan, Cagayan de Oro City. Help preserve environ-ment through Tree Planting at Pueblo de Oro-Project: A Forest within the City. Help donate for the completion of a school building at

gram, Physical Fitness, Spiritual Nourishment and other project are being undertaken by the Chapter to be strong, dynamic and uni-fied professional organization of highly-respected, world-class and socially committed certified public accountants worthy of esteem of the Filipino people. The dynamism of the CDO-MIS OR PICPA Chapter is through the leadership of Reolito “Rio” V. Lao-President, Felix C. Orio-Pres-ident Elect, Ms. Theresa Fuentes-Auditor, Ms. Jasmine Sumalinog-VP Operations, Edwin D. de los Santos, Jr.-VP Professional Devt. Antonio S. Lao, Jr.-VP Member-ship and Randy Oyao-Secretary. The venue was also graced by the Head of PRTC Review Center Cagayan de Oro Branch- Ferdie Rodriquez, a topnotched and sought after review center in Northern Mindanao today.

Nautical...from page 8

from the time of request, free of charge after con-firming that the person planning to transport the vehicle is the owner of the vehicle and that the vehicle is not stolen. The measure also man-dates the PNP to have a computerized list of al l

carnapped vehicles. HB 4500 tasks the PNP-HPG to set-up an express desk in all their offices all over the country for the issuance of the required clearance, within 24 hours

reported carnapped vehicles all over the country which should be updated real time once a report of carnapping is received. Rodr iguezes warned those who violate the pro-posed Act shall be slapped with a fine of P500,000 or imprisonment of two years.

(MSEAC) as well as the pu-nong barangays from the 170 barangays who manifested support in all the programs and activities of the BMCEC in their respective areas.

Local officials from the municipalities covered by BUSECO’s power distribu-tion are also invited including provincial officials whose involvement and support made the electric cooperative attained and sustain its excel-lent performance.

At barangay level, Mem-

BUSECO...from page 9

organized in every barangay via synchronized activities through electronic intercon-nection and communica-tion from the central AGMA venue at BUSECO Main Of-fice RQIM Hall in Manolo Fortich down to the 170 barangays.

Expected delegations at the central AGMA venue are the Multi-Sectoral Elec-trification Advisory Council

b e r- C onsu me r- O w ne rs (MCOs) are expected to par-ticipate with at least 40,000 member attendances for the coming annual general as-sembly.

The conduct of the An-nual General Membership Assembly (AGMA) has al-ways been a practice of Elec-tric Cooperatives (ECs) in recognition to the significant participation of Member-Consumer-Owners (MCOs) in the affairs of the coopera-tive where as members,

Page 12: Mindanao Daily Balita July 18

12 BusinessWeekmindanaoJuly 18-24, 2011 Aggie.News

Antica effective against mango diseasesA NEW organic fungicide de-veloped by a chemical engineer from Cebu is proving to be a promising material for control-ling two major mango diseases, namely anthracnose and scab. This is the organic fungicide Antica developed from plant ex-tracts by Gigi Zaballero, a chemi-cal engineer who heads Ahcil Laboratories based in Mandaue City, Cebu. In an experiment conducted at the National Mango Research and Development Center of the Bureau of Plant Industry in Jor-dan, Guimaras, researchers Y.J. Yonder and R.S. Orquia reported that Antica compares well with a standard inorganic (chemical) fungicide (Amistar) in its effec-tiveness against anthracnose and scab diseases. The dosage observed to be most effective for Antica is 400 ml per 100 liters of water. A lower rate of 300 ml per 100 liters of water has also been observed to be effective. The solution can be applied on the leaves, the flowers and the fruits. The researchers said that in-cidence of anthracnose on flower panicles sprayed with Antica at 22 and 28 days after flower in-duction was comparable to that of Amistar. The dosages of An-tica that produced comparable results were 300 and 400 ml per 100 liters of water. On the other hand, the incidence of scab was lowest in the flower panicles sprayed with Antica (400 ml per 100 liters of water) at 22 and 28 days after flower induction. At 60 to 80 days after flower induction, trees sprayed with

Antica at 400 ml per 100 liters of water and Amistar had the lowest severity rating of 11 to 20 percent scab infection on fruits. The researchers report that at fruit setting and retention stage, trees sprayed with Antica at 400 ml per 100 liters of water had protected the developing fruits and retained more with 0.48 per panicle. Trees sprayed with Amistar and Antica at 200 ml and 300 ml per 100 liters of water have also been observed to produce comparable results. They added that the highest yield obtained from 25 randomly sampled panicles was recorded on Antica at 400 ml per liter of water – 14.5 pieces or 4.09 kilos. Latent infection of anthrac-nose as 9 days after harvest was observed to be lowest on Antica at 400 ml per 100 liters of water. The mango researchers also reported that Antica did not have any harmful effects on the leaves, flowers and fruits at dif-ferent stages of flower and fruit development. Therefore, Antica is safe to use on mango. The researchers conclude that Antica organic fungicide at the higher rate of 400 ml per 100 liters of water applied at flower-ing and fruiting stages of mango could minimize incidence and severity of scab and anthracnose on flower panicles and fruits under Guimaras conditions. However, they recommend that further study be conducted in terms of rate and frequency of application and at different man-go growing areas of the country to further verify its potential in controlling anthracnose and scab on mango.

Main Office : Manolo Fortich, Bukidnon Branch Office: Malaybalay City, Bukidnon

July 11, 2011

NOTICE 29th ANNUAL GENERAL MEMBERSHIPASSEMBLY (AGMA) OF BUKIDNON II

ELECTRIC COOPERATIVE, INC.TO ALL MEMBER-CONSUMER-OWNERS:

You are hereby informed of the 29th Annual General Membership Assembly (AGMA) of the Bukidnon II Electric Cooperative, Inc. (BUSECO) this coming July 30, 2011, Saturday, at the BUSECO Main Office RQIM Hall, Manolo Fortich, Bukidnon from one o’clock and will end at five o’clock in the afternoon (1:00 – 5:00 P.M.).

It will be a Synchronized Barangay Member-Consumer-Owners’ (M-C-O) Assem-bly, which will be conducted simultaneously in the 170 barangays covering the Districts of Baungon, Libona, Malitbog, Manolo Fortich, Sumilao, Impasug-ong, Malaybalay, Cabanglasan, Lantapan, and portions of Talakag and Valencia.

At the barangay, therefore, it will be facilitated and hosted by the Barangay Mem-ber Consumers Electrification Committees (BMCECs), but will be connected via electronic media communication technology from the central AGMA venue at BUSECO Main Office RQIM Hall in Manolo Fortich down to the 170 barangays and maybe vice versa.

Hence, the Member Consumer Owners-(MCOs) of BUSECO are enjoined, as a matter of duty and obligation, to attend the scheduled AGMA in order to be updated on the accomplishments and latest developments of the electric coopera-tive, especially its plans and programs for 2011 and beyond, as well as, participate in the decision-making processes of the EC.

Thank you.

Cooperatively yours,

(SGD) ENG’R. MIGUEL N. QUINO BOD Secretary

Rice yield in NorMin posts remarkable growthBy JORIE C. VALCORZA

Contributornon with 96,288MT, fol-lowed by Lanao del Norte, 25,086MT and Misamis Oc-cidental, 18,124MT, Misa-mis Oriental, 4,797MT and Camiguin, 296MT. Although considerably small from the gross pro-duce and considering the to-tal land area cultivated, both provinces of Mis. Or., and Camiguin has posted in-creases in their production at the rate of 7.65 percent and 24 percent, respectively. Ramos said among the region’s five (5) provinces, Lanao del Norte report-ed the biggest percentage increase in rice produc-tion, from 12,929MT to

A total rice production of 144,591 metric tons was noted in Northern Mind-anao during the first quarter, this year, higher by 24 per-cent compared to the same period in 2010. Sufficient rainfall and ab-sence of pests in some areas of the region contributed to this remarkable growth, Regional Executive Direc-tor Lealyn A. Ramos of the Department of Agriculture, Regional Field Unit 10 (DA/RFU-10), said. Ramos said the heavy bulk of the production came from the province of Bukid-

25,086MT or an increase of 94 percent. Meanwhile, during a forum at the National Eco-nomic and Development Authority (NEDA), region 10, Engr. Cecilio Y. Clarete, Chief Economic Develop-ment Specialist said the production growth in Lanao irrigated areas can be attrib-uted to the certified seeds subsidy and increased usage of fertilizers. Sufficient rainfall and absence of pests also con-tributed to the growth in the rainfed areas of the province, particularly, in the towns of Lala and Kapata-gan.

Clarete said, only the province of Misamis Oc-cidental experienced de-creases in both production and area harvested due to the delay in planting and the damage caused by rat infestation is some areas of Calamba and Plaridel towns. Only the province of Bukidnon, although con-tributing heavily to the total bulk of production, posted a decrease of 0.15 percent yield per hectare, while the rest of the provinces in the re-gion experienced otherwise, pushing the regional average yield to rise by almost two (2) percent.

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBRANCH 18

Cagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFFNOTICE OF EXTRA-JUDICIAL SALE

FILE NO. 2011-253

Upon extra-judicial petition for sale under Act No. 3135, as amended by Act No. 4118, filed by BALIKATAN HOUSING FINANCE, INC., mortgagee/assignee, with business address located at 24th Floor, BPI Buendia Center, Sen. Gil Puyat Avenue, Makati City, against SPS. NASSER A. MAGONGCAR AND MARIAM MAGONGCAR, with postal addresses at c/o Bangko Sentral Corrales Ext., Cagayan de Oro City and Lot 72, Blk. 9, CAMELLA HOMES, BO. CARMEN, CAGAYAN DE ORO CITY, MISAMIS ORIENTAL, the mortgagor/s, to satisfy the mortgage indebtedness which as of November 02, 2010, amounts to PESOS: Two Hundred Ninety Five Thousand Six Hundred Pesos (Php295,600.00) including interest, penalties and charges, court fees, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on July 29, 2011 at 10:00 a.m. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Branch 18, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following real property/ies, with all the improvements thereon, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-93110

“A PARCEL OF LAND (Lot 72, Block 9, Psd-104305-017756, being a portion of Lot 3125, Cad-237, Cagayan Cadastre), situated in the Barrio of Carmen. City of Cagayan de Oro, Island of Mindanao. Bounded on the N., along line 4-1 by Lot 71; on the E., along line 1-2 by Lot 74; on the S., along line 2-3 by Road Lot (10.00 m. wide); on the W., along line 3-4 by Lot 70, all of the subdivision plan Psd-104305-017756. xxx containing an area of SIXTY (60) SQUARE METERS more or less. xxx”

All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein-above decribed and encum-brances thereon, if any there be. Cagayan de Oro City, July 1, 2011. (SGD) NIZA P. TACANDONG Sheriff IVBWM July 11, 18, 25, 2011

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10th Judicial RegionBRANCH 17

Cagayan de Oro City

OFFICE OF THE PROVINCIAL SHERIFFNOTICE OF EXTRA-JUDICIAL SALE

FILE NO. 2011-231

Upon extra-judicial petition for sale under Act No. 3135, filed by HOME DEV’T. MUTUAL FUND (PAG-IBIG) mortgagee, with office at J.R. Borja St., Cagayan de Oro City, against ELDON BABIERA MANGUBAT, mortgagor, married to LETECIA M. MANGUBAT, residing at Lot 10 Blk. 5, Regency Plains Subd., Iponan, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of May 6, 2011, amounts to FOUR HUNDRED FORTY THREE THOUSAND NINE HUNDRED FORTY PESOS & 68/100 (P443,940.68), excluding penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on July 28, 2011 at 10:00 A.M. or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Branch 17, Hall of Justice, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements, to wit:

TRANSFER CERTIFICATE OF TITLE NO. T-122037

“A PARCEL OF LAND (Lot 10, Block 5 of the cons. subd. Plan, PCS-10-001781, being a portion of Lot Nos. 3650, 3651, 3652, 3653, 3654, all of Cad 237, Cagayan Cadastre, Lot 3649-A, Psd-10-022211 & Lot 3649-B-1, Psd-10-022978). Situated in the Barangay of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on the SE., along line 1-2 by Lot 12 of Block 5 of the cons. Subd. Plan; on the SW., along line 2-3 by Road Lot 5; on the NW., along line 3-4 by Lot 8; and on the NE., along line 4-1 by Lot 9, both of Block 5 of the cons. Subd. Plan. Containing an area of One Hundred Ten (110) square meters, more or less, including all the improvements existing thereon.”

All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein-above decribed and encum-brances thereon, if any there be. Cagayan de Oro City, June 21, 2011. (SGD) FE O. BONTUYAN-BULARON Sheriff IVBWM July 11, 18, 25, 2011

Page 13: Mindanao Daily Balita July 18

13BusinessWeekmindanao

July 18-24, 2011

LOT FOR SALEFORMER FILVER GARAGE

Cugman, Cagayan de Oro CityBy appointment only

Tel. #: (088) 855 3898July 4, 11, 18, 2011

MisOr.Today

Farmers from Balingasag, Misamis Oriental receive various farm equipment such as power tillers and rice threshers including 50 bags of hybrid rice seeds from the Europian Union - Focused Food Production Assistance to Vulnerable Sectors. eu-fpavas

Oca vows to bring gov’t closer to peopleBy RUTCHIE C. AGUHOB

Contributor2009 with income less than one (1) US$ a day, while re-gion 10’s average was at 39.6 percent. It has also the least pov-erty incidence in Northern Mindanao, the latest avail-able record of the Nation-al Statistics Coordination Board (NSCB) show. On the other hand, the Governor said they have been building classrooms and helped establish national high schools to improve the Education Sector, at the same time addressing the need to respond positively to changes in the environment. “We have been build-ing peace with peace so we brought our programs on poverty alleviation in for-mer insurgency hotspots, including reaching out to the indigenous communities,” he said. We supported our co-operatives and farmers by ushering them to the op-portunities of agricultural productivity, as we support the initiatives of the na-tional government with our “teamwork” or “bayanihan” spirit and pride in collective achievement in the delivery of services, Moreno added. (pio/pia-10)

GOV. Oscar S. Moreno of Misamis Oriental has as-sured the constituents of his province to continue bringing the government closer to the people through the various projects that his administra-tion will implement. The Governor made the assurance even as he ren-dered a report on his accom-plishments for the past year, during today’s State-of-the Province Address (SOPA) he delivered at the Provincial Capitol Grounds. “Our existing laws de-mand that President will give his State-of the-Nation Ad-dress every 4th Monday of the year, but none such demand is asked from Governors,” he said. However, he said has made it a point to give out a SOPA during his term as the Governor of Mis. Or. for seven (7) year now, his 3rd term ending on 2013. The activity was attended by Vice Gov. Norris C. Ba-biera, Sangguniang Panlala-wigan (SP) Kagawads, heads of regional line agencies and government-owned and con-trolled corporations, town Mayors, students, senior citi-

Misamis Oriental Gov. Oscar Moreno stresses a point during his recent annual State-of-the Province Address (SOPA).

photo by rolando sudaria

zens, employees, and his fam-ily, among others. “We have focused to do our share in the country’s commitment of achieving the Millennium Development Goals (MDG) on eight (8) areas: reducing poverty and hunger, educating all chil-dren, empowering women, saving children, caring for mothers, combating diseases, using resources wisely and working together,” he said. To attain these, we have to continue with our rev-enue generation measures by strengthening our capacity to

earn from local sources and invest in infrastructure by maintaining and rehabilitat-ing the many access routes within the Province, the Gov-ernor also said. Meanwhile, he said the collective efforts of bring-ing development programs across the province resulted to better scores on eradicat-ing extreme poverty and hun-ger, while our country on an aggregate level is progressing slowly in the said areas. Based on statistics, Misa-mis Oriental had about 30.3 percent of its population in

Power...from page 1

BIR...from page 1

pines. These projects included a geothermal power project in Biliran Leyte; a wind power venture in Panglao, Bohol; and five hydropower projects in the Visayas and Mindanao. Leviste also revealed that he had convinced Italian architect Romulo Nati, presi-dent and CEO of ItalPinas, a real estate company involved in investment, development, architectural designs of eco-friendly buildings, to explore the potential of a partnership with CEPALCO in harness-ing the power of renewable energy sources in its future building designs.

scores the leadership’s commit-ment to having an office that is not only efficient but also taxpayer friendly. “We collected more but we ensure that we give our excel-lent service”, she added. The national collection performance, howeve,r fell short of expectation mainly due to lower revenue from state transactions such as Treasury debt sales, but were still 13.5% higher than a year earlier. Revenues for June alone were around P67 billion ($1.6 billion), 2% below target but nearly 13% higher than a year earlier, the Bureau of Internal Revenue (BIR) said in a state-ment on Friday. January-June collections were P458 billion, just below a target of P460.3 billion. The agency said it had a shortfall of P6.3 billion from state transac-tions such as the trade of Trea-sury bills and bonds and lower taxes from state-owned firms, which was only partly offset by improved revenue from sales and income taxes. The BIR accounts for about two-thirds of state revenue. The Bureau of Customs, the second largest revenue agency, said on Tuesday its collections in the first six months were 8.6% below target due to a strong peso and slower imports after Japan’s twin disasters in March. The Philippines has strug-gled to improve revenues that are weakened by widespread tax evasion and corruption and poor implementation of tax laws. Finance Secretary Cesar Purisima has said the govern-ment was well on track to cut the budget deficit to 3.2% of GDP this year from 3.9% in 2010, even as spending is expected to accelerate in the second half. Manila plans to cut the shortfall further to 2.6% in 2012 and to 2% by 2013, keep-ing it at that level until 2016

a month. Leviste, who is also chair-man of Enerasia and former chairman, president & CEO of Mirant Philippines, said that Constellation is “very interested in putting up a solar farm here.” “We are looking for a 20-hectare land here in the city or in Misamis Oriental that is not used for agricul-tural purposes and with a maximum sloping angle of 3 degrees,” he told select jour-nalists in a press conference here. Leviste said the potential of solar energy in the Philip-pines is very good. But he lamented that so far, this renewable and very cheap source of energy largely remained untapped in the country. “Our solar potential is very good, especially here in Northern Mindanao, which is very conducive to solar energy. We as a people are blessed because we have the sunlight all year round,” he stressed. With the rising incidents of climate change-induced calamities, exacerbated by the continued and unabated use of fossil fuels like coal and oil which release greenhouse gases (GHGs), the Philip-pines has no other recourse but to go into renewable energy sources, he said. “Life has to be sustain-able,” he added. Constellation’s planned 20-hectare solar farm here or in Misamis Oriental, if real-ized, will generate 20 MWs of electricity. Constellation Energy Corp. is now involved in at least seven renewable energy projects all over the Philip-

For its year-ago perfor-mance of collecting P417 mil-lion during the same month in 2010, this year’s collection registered an increase of P65.3 million or a growth of 15.65%. For the first semester of CY 2011, or from January to June, taxes generated by the region reached P2,87 billion sur-passing last year’s collections for the same period, which amounted to P 2.48 billion, by P393,18 million for an increase of 15.85%. Regional Director Esmeral-da M. Tabule expressed hopes to sustain the good collec-tion performance and achieve the annual collection goal of Php6,184,877,000.00 (6.18 bil-lion) by year-end. Tax collection efforts of the six (6) Revenue District Offices (RDO) under this region and teamwork in the implementa-tion of various tax collection measures influenced the re-gion’s success. According to Director Tabule, the delivery of fast, ef-ficient and courteous frontline services to taxpayers increased voluntary compliance from them. Making the BIR readily accessible to taxpayers under-

when President Benigno Aqui-no’s term ends. Last month, Fitch upgraded the country’s credit rating to a notch below investment grade, one rung higher than ratings by Standard and Poor’s and Moody’s Investors Service.

Bukidnon...from page 1

Budget...from page 1

the impending privatization of the hydropower complexes in Mindanao and the province as well. Bukidnon Governor Alex Calingasan last March 3 came out with Executive Order No. 36 creating the commission to resolve the power crisis af-fecting the province. It aimed to provide a proper venue to convene the power stakehold-ers to discuss about the power situation in Bukidnon. It was learned that a second power summit is slated to be held to draw up a resolution that could pave the way in attaining sustainable energy for the province that is home to one of the country’s hydro-power complexes, the Pulangui hydropower plant located in Maramag town. The first power summit was held last January 6 and was well participated by major energy key players with repre-sentations from the provincial and local government units, electric cooperatives, PSALM, NAPOCOR and the business sector. It tackled issues ranging from power shortage, Bukid-non’s increasing demand re-quirement, the utilization of the Bukidnon hydropower plants, the ancillary service charges imposed by IPPs and the impending privatization of the Agus and Pulangui hydro-power complexes. In an interview with Bukid-non Governor Alex Calin-gasan, the said power summit will convene again the energy stakeholders of the province in

Competition is slated in Gen. Luna, Siargao Island sometime in September this year. During the 68th RDC 13 meeting here in Surigao City, Thursday, Rep. Matugas said junior surfers from more than 40 countries are expected to participate in the event. Elimination rounds will be Indonesia, Malaysia and Aus-tralia. (with report from pia 13)

an attempt to come up with a viable solution to prevent further power price hike and to draw a united position to the imminent privatization of the Pulangui hydropower complex as mandated under the Electric Power Industry Reform Act (EPIRA) or EPIRA Law. Section 47 of EPIRA states that 10 years after the EPIRA has passed into law, power assets may already be sold to private investors. This means that the Agus and Pu-langui hydroelectric plants may be privatized starting June 2011. The issue on the priva-tization of the hydropower complex in Bukidnon has been variously deliberated with the provincial govern-ment and the two electric co-operatives having the same stand as to saying no to the mandate. The national government though intends to pursue the privatization of Agus and Pulangi as mandated by the EPIRA. According to the provin-cial government’s legal con-sultant Atty. Jeoffrey Sayson, the current power situation of the province is a matter of concern for the provin-cial government especially that it’s the people who will be affected should there be power price hike due to the privatization or shortage to energy supply. “The power summit will definitely consolidate all the reports and recommenda-tions coming from various stakeholders. The commis-sion’s technical working group is currently gathering all these reports to come up with a unified position on the privatization of the hydropower complex,” Atty. Sayson said. Accordingly, the two electric cooperatives of the province are mulling on the yes stance to the privatiza-tion if the ECs will be given the right of first refusal to acquire Pulangui lV.

in the island, she said. Meanwhile, Labor Secre-tary Rosalinda Baldoz told members of the CARAGA RDC 13 that overseas Fili-pino workers (OFWs) will not be greatly affected by the Saudization policy of the Kingdom of Saudi Arabia (KSA). “The Kingdom of Saudi Arabia will not be as what it is today without the workers from other countries” and for that, it would not be that easy for them to do away with for-eign workers, like the OFWs, she stated. Besides, Saudi Arabia’s em-ployment sector has high trust in the work competence of the Filipino workers, she added. In another development, Surigao del Norte (1st Dis-trict) Representative Fran-cisco Matugas has announced that the Junior World Surfing

Page 14: Mindanao Daily Balita July 18

14 BusinessWeekmindanaoJuly 18-24, 2011

iNTRODUCTiON

The second year of my third and last term as Governor of our beloved Province has begun. My fellow Misamisnonshave shown their unwavering confidence in again giving me the fresh mandate to continue to lead in our journey in governance for an unprecedented three

consecutive terms. The development vision we have pursued, all these

years, would not have been possible without the untiring efforts of the people at the Provincial Capitol and their con-tinuing commitment to this administration’s call for change and innovation. The Provincial Government Bureaucracy and the physical facilities of the Provincial Capitol have gone through significant transformation in an effort to make these more welcoming for service and accessibility to our constituency. With this,has been our effort to bring into our development fold more of our partner entities in the private sector, the civil society organizations, LGUs, NGAs and ODAs (multi-lateral agencies). With these in mind, thank you again for giving me this opportunity to continue in service with all of you. This brings me here before you, this morning, to report to the people, this seventh time, the achievements of my administration in this State of the Province Address.

My dear people of Misamis Oriental, members of the Legislative Department of the Provincial Government---Vice Governor Norris C. Babiera and the Sangguniang-PanlalawiganKagawads, our partners from the national government and the private sector, CSOs, representa-tives from the municipal and barangay governments, and friends, allow me to begin my report by reckoning on the commitment of the Philippines in achieving the Millennium Development Goals.

To recall, we were among the 189 countries, in the September 2000 conference of United Nations in New York, which committed to improve the well-being and quality of life of our people. The country agreed on (1)reducing poverty and hunger, (2)educating all children (3)empow-ering women,(4)saving children, (5)caring for mothers, (6)combating disease, (7)using resources wisely and (8)working together. And we are bound to accomplish these targets by 2015. The Philippines, as a whole, according to the 4th MDG report released in September last year, is lagging behind in eradicating extreme poverty, improving primary education and improving maternal health.

While the country on an aggregate level is progressing slowly in said three areas, our collective efforts of bringing development programs equally across the Province re-sulted to better scores on eradicating extreme poverty and hunger. We have the least poverty incidence in Northern Mindanao according to latest available record from the National Statistical Coordination Board. Misamis Oriental, based on statistics, had about 30.3 percent of its popula-tion in 2009 with income less than one dollar a day while Region 10’s average was at 39.6. The proportion of our families in said year belonging to said income level was at 26.3 percent which was the lowest in the Region. The said rating was still lower than the regional average which was reported at 32.8 percent. These indicators measure us on how are we faring with our commitment to the first MDG target.

The eight areas of focus under my administration’s development agenda remain as the standard by which we pursued development these past years, while conform-ing to national and regional development goals including those pertaining tothe attainment of MDG targets. We continue to enhance our Revenue Generation measures, by strengthening our capacity to earn from local sources.We continually invest in Infrastructure by maintaining and rehabilitating the many access routes within the Province,opening links to hinterlands areas and to other parts of the region, as well as upgrade other social in-frastructure. The resuscitation of MISORTEL continues also with the assistance of our Provincial Government funds. We build classrooms and help establish national high schools with our commitment to help improve the Education sector while at the same time, addressing the need to respond positively to changes in the Environment. We are building peace with peace. In former insurgency hotspots, we bring our programs for Poverty Alleviation, including reaching out to our Indigenous Communities.

We support our cooperatives and farmers by ushering them to the opportunities onAgricultural Productivity. We continually support the initiatives of the national govern-ment while we maintain our own Teamwork spirit and pride in collective achievement in the delivery of services. Alongside, we are enhancing bureaucracy by capacitating ourselves to become better public servants. We have in-creased our efforts in improving our Health and Hospital Systems, through assistance of various government and private partners.

Now allow me to report to you what we have ac-complished in the last 12 months based on the RIME PATH agenda:

REVENUE GENERATiON

The Collection of Locally-Sourced Income in 2010 Was Twenty-SixPercent Higher Compared to the Collection in 2009. The local revenue collection posted 26percent more in 2010 compared to the locally-sourced income in 2009. This collection efficiency was 11percent more than our annual target which was only pegged at15 percent. Theincome from the Provincial Hospitals contributed a bigger bulk to said increase.

The Provincial Government financed its operations with the 73 percent funds (PhP 670.40M) coming from the external sources including Internal Revenue Allotment (IRA) in 2010, while the 27 percent (PhP 251.65M) share was from the local sources. This IRA dependency rate was two percent lower compared to the 75 percent rating in 2009.

About Twenty-Eight Percent Increase of Collection on Local Revenue Source During the First Four Months of the Year (2011) Compared to the Same Period Last Year (2010). Local revenue collection from January to April this year posted a 28 percent (from PhP 39.23M to PhP 50.10M) increase compared to the same period last year. The rise of receipt of our Treasury is due to payments of real property taxes (for tax revenue source) and remittances from our district hospitals (for the non-tax revenue source).This 28 percent rate is 13 percent higher than our target collection rate of 15 percent.

Seventy-Five Percent of Premiums Paid for the Philip-pine Health Insurance-Sponsored Program in Seven Years Returned to the Provincial Government Coffers in the Form of Capitation Fund. The Continued Patronage of Philhealth Program Resulted to Increased Revenues of Our Provincial Hospitals. For seven years now, the Provincial Government paid a total premium of PhP 337.6M for the Philhealth Insurance-sponsored Program. The PhP 253.22M or 75 percent of our payment is brought back to our coffers through the capitation funds returned by the Philhealth Insurance Corporation of which 80 percent of said amount we utilized for our provincial hospitals rehabilitation. From more than 75,300 households covered in 2005, the enrol-ees now number to more than 191,400. Given the estimate

of five persons per household benefitting the program, we can say that the province has attained Philhealth’s univer-sal coverage. For 2011, we are obliged to pay PhP 91.62M compared to PhP 81.87M in 2010 and expecting a capita-tion fund at around PhP 57M. Relatedly, the patronage of the Philhealth program enabled our hospitals to increase their revenues. Starting with only aboutPhP 4.0M in 2004, the receipts of our Provincial Treasury show that these health facilities contributed PhP112M to our income in 2010, which is inclusive of hospital revenues of PhP 59M and Philhealth capitation fund of PhP53M compared to PhP82.59M in 2009 (hospital income of PhP 43.15 and PhP 39.44M Philhealth capitation fund).

Improvement of Real Property Tax Assessment Systems Continued. The adoption of theElectronic Tax Revenue Assessment and Collection System (E-TRACS) in the municipalities of Kinoguitan, Binuangan, Tagoloan, Manticao, and Naawan will further enhance the automa-tion of assessment of business and real properties which eventually requires an inter-connection of the Offices of Assessment and Treasury. This is in line with our target of improving our capacity to effectively monitor and collect taxes and fees due. The bigger bulk of cost of this program is financed by the Provincial Road Management Facility Program.

To note, the total assessment of taxable real prop-erties in Province now amount toPhP 25.42B from PhP 24.73B of last year. From this, our expected share for the basic tax and Special Education Fund is PhP 123.39M. The said municipalities were chosen based on their efficiency in coping with the demands of the Real Property Tax Infor-mation System (RPTIS) that is in place in 15 municipalities. The RPTS is 80 percent complete already while Tax Map Automation using the GIS process introduced by Local Government Development Foundation is at 53 percent completion.

Contributing Revenuesfrom Veterinary, Environment and Other Services Sustained.Our meat inspection and quarantine services yielded an income of PhP 5.2M for the past 11 months, compared to PhP 4.3M of last year. The sand and gravel and small mining services postedPhP 6.7M revenue this year,compared to Ph 6.3M, last year, or 17 percent and 6 percent increase from theseservices, respectively.Our MisOr Aggies continued to generate rev-enues from their rental operations at subsidized rates, of tractors to our farmers.

iNVESTMENT iN iNFRASTRUCTURE

Since last year’s report, infrastructure projects cov-ering roads, classrooms, hospitals and public buildings, farm support, irrigation and other public improvements undertaken by the Provincial Government with our own funds and support from various agencies total to at least PhP200M.

The First Provincial Road Maintenance Under the

Annual State of the Province Address

Gov. Oscar S. MorenoMisamis Oriental

Provincial Capitol Park, Cagayan de Oro City, 8:00 in the morning, July 11, 2011

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PRMF Project Already Turned-Over. The Bidding Process of the Year Two ProjectThrough PRMF Administration and Implementation of Contracted-out Component AreOn-going. Thesuccess of theYear 1 implementation of the Provincial Road Network Development Plan prodded by the PRMF was manifested by the completion of the provincial road maintenance work amounting to PhP60.8M along the 9.1-kilometer stretch in Poblacion and Patag barangays of Opol.The preparations for the 13.28kilometersofBagocboc-Awang-Tingalan road is on-going while the three kilome-tres contracted-out maintenance of Baliwagan-Pelaez-Impakibil road section traversing the municipalities of Balingasag and Claveria is 60 percent accomplished.

Notably, the turn-over of the first road project was witnessed by His Excellency President Benigno Simeon C. Aquino III and Australian Ambassador to the Philippines,Rod Smith, on April 12, 2011.Learning from the first year implementation, the Provincial Engineering Office is involved by the PRMF in the formulation of design for the Road Two works.

Having complied with the requirements for the untied incentive targets, we are entitled to more than PhP 10M amount from the PRMF.

We Are Opening the Link of Claveria to Malitbog, Bukidnon. We are opening the roads in two sections of Claveria to connect to Malitbog, Bukidnon. Eight kilometres opening is undertaken from Barangay Mat-I to SitioAba-cahan-Boundary Malitbog, while eight other kilometres at Sta. Cruz, Claveria toSitioKiabo-Boundary Malitbog. Opening these roads can shorten the travel from Claveria to Cagayan de Oro City, thereby giving ease to farmers in the transport of their products. Claveria is a farming ground for many residents coming from the municipalities of Tago-loan and Malitbog. Claveria will also be a good alternative for Malitbog(Bukidnon) farmers to market their produce.

Maintenance and Rehabilitation of Provincial Roads Being Upgraded to Nationally-Set Standards.From only 240 kilometers of gravelled roads back in 2004, we now have 638 kilometers of gravelled roads which is a considerable road length maintained as such in comparison with other areas. The total road length of 1,066 kilometers of provin-cial roads is considered one of the lengthiest covered by a Provincial Government despite a comparatively lower total land area. Contributing to said length is our completed concreting works in Magsaysay, Gitagum, Initao, Balingoan, Balingasag, Tagoloan, Jasaan, Salay, while concreting works in Manticao and Naawan are on-going.The concreting in Tagoloanis with funding assistance from PHIVIDEC. By administration, we rehabilitated provincial roads of more than 746kilometersalong the core road sections and almost 80 kilometers of the non-core road sections.

Other PLGU-funded Projects. We completed construc-tion of Senior Citizens Building in Opol, additional works on the administration building of MOSCAT and the Binuangan Foot Bridge.Three barangay halls were completed in San Francisco and Poblacion 2 in Balingasag and in Dampias, Binuangan. Six units of rainwater tanks were completed and one unit is for implementation, where we provided for the cost of materials.

We are putting up a coffee shop in the Lasang Forest Park, construction of this PhP12.22Mstructureis 85 percent accomplished. This is part of the facilities being put up at this eco-tourism development project of the Provincial Government in partnership with the Tourism Department and the multi-sectoral Protected Area Management Board of the Libertad-Initao Landscape and Seascape. The park attracted many local tourists and education tours for its canopy-walk and zip-line recreation facilities, aside from the protected natural forest.

Other on-going infrastructure projects include: con-struction of barangay hall in Luz Banzon, Jasaan, rehabili-tation of Pelaez Sports Center multi-purpose building(50 percent) and renovation of the Vicente de Lara Parkand Commission on Audit Officein the Capitol.

Other Infrastructure Projects with Counterpart-sharing. Covered courts are constructed in Punta Silum (Manticao) and Patrocenio (Claveria), with counterpart-shares from these barangay governments. The water works system in Medina with funds from the National Anti-Poverty Youth Commission is 80 percent completed. About 15 various projects also were completed where we provided bags of cement worth PhP 2.8M.

MiSORTEL

New Generation Network Switch Technology Opera-tional Initially Among 2,000 Lines.About 2,000 MISORTEL telephone lines have been migrated to the New Genera-tion Network Switch Technology acquired last year. This leaves about 9,000 MISORTEL telephone lines operating under the old switching and transmission equipment and facilities that are already obsolete as compared to the present telecommunication standards since MISORTEL’s old switching and transmission equipment were installed way back in 1991.

Outstanding Loan Balances Through the Municipal Development Fund Office (MDFO) Incurred in 1991 is ex-pected to be Fully Paid by 2012. Of the PhP 144.40M loan of MISORTEL through the MDFO of the Department of Fi-nance in 1991, ninety-three percent or about PhP 135.00M

was already settled through the Provincial Government’s Internal Revenue Allotment (IRA), thus, leaving a balance of only PhP 9.40 M which is expected to be fully paid in the first semester of the year 2012.

Development Bank of the Philippines (DBP) Loan of PhP 268.60M in 2001 is Sixty-three Percent Paid. In 2001, MISORTEL borrowed from DBP the amount of PhP 268.60M to mature on August 2016. Initial interest rate was twelve percent per annum, but was reduced to nine percent per annum in 2008. Of the total payables, more than sixty-three percentorPhP 170.00M of the principal loan has already been settled. This leaves a DBP loan balance of only PhP 98.60M until August 2016. From PhP 61.90M subsidy on loan repayments by the Provincial Government in 2004, the amount was decreased annually into half, and even as low as PhP 5.80M in 2008. For 2009 and 2010, no provincial subsidy was necessary as the loan repayments to DBP were already funded by MISORTEL revenues. MISORTEL continues to operate using its own internally generated funds.

EDUCATiON AND ENViRONMENT

education

The statistics reported by the Department of Educa-tion (DepEd) in the country present a more dismal picture each year. The recent opening of classes brings to focusthe reality that almost everything in this area is a pressing problem. And we understand this challenge. This sector isamong areas of least priority in terms of development commitments, as almost 80 percent of its national budget goes only to the salaries and wages of its teachers and staff. We see the challenge as continuing and growing, especially now, that enrolment in kindergarten schools has been made compulsory and that the country is preparing for the implementation of the K+12 Program.

Readiness Preparations for Around 19,000 Children Aged Five Years and Below Prior to Pre-schooling Continu-ally Undertaken. TheProvincial Government Is Involved in the Rehabilitation of 119 Day Care Centers Already Through the Early Childhood Care and Development Program.After the expiration of our partnership with the Council for the Welfare of Children, we targeted to rehabilitate or recon-struct about 20 units of day care centers(DCC) annually, with a counterparting scheme with the beneficiary ba-rangays under theEarly Childhood Care and Development Program. We took this challenge of assisting the national government in providing for public day care services as we can foresee a growing population of our toddlers with the crude birth rate averaging at 20 (2004 to 2010).The Provincial Government is involved in the implementation of 119 units already during my watch.

Recently, there were 18 units of DCC completed, four of which are yet for turn-over. These 22 units include the target of the previous fiscal year, completion and turn-over of which were recently done. There is also an on-going construction of 14 units while eight units are still in the pre-construction process. Along with this, we provided for DCC supplies while we continued to capacitate the more than 650 day care workers through trainings on day care center management. Relatedly, with the funding assistance from the Department of Social Welfare and Development national office, supplemental feeding program has been facilitated among around 19,000 children enrolled in the ECCD program in the government as of last year. The same number of beneficiaries has been covered in the deworm-ing program, funds used, of which, were taken from the provincial government coffers.

The General Participation in Elementary and High Schoolsfor School Year 2010-2011of Children Aged 6-15 WasPosted at 93.73 and 61.43Percent Respectively (Misa-mis Oriental and Gingoog City DepEd Divisions Statistics Combined). The ratio of the total school-age children in the Province (6 to 11 years old) who went to elementary school in 2010-2011 was at 93.73 percent which means that there were still 6.27 percent of children in that age group in the Province who should have been in schoollast school year. While on the secondary level, net enrolment ratio marked at 61.43 percent.

We Do Not Construct Classrooms Only; But We Also Help Establish New National High Schools. Our strong commitment to education springs beyond building class-rooms. We envision to increase school participation and literacy scores among barangays that are far from the municipal and provincial centers. We have been instru-mental in the establishment of national HS ofRosario (Balingasag), Lumbo (Langonglong), LURISA (Gingoog City), Aposkahoy(Claveria), Rizal (Claveria), Molugan (El Salvador),Danao (Jasaan), Talisay (Gingoog City), Naawan and Manticao.

The cost of operations ofHS in Danao, Lumbo, Molu-gan, Naawan, Rosario and LURISA is already included in the General Appropriations Act of 2011. This means that the needs of these six institutions are already included in the priorities of the national government, while the provincial and local governments, through their School Board-Special Education Fund,continue to subsidize some management cost of HS in Aposkahoy, Rizal and in Manticao.

The LURISA High School will serve at least three more remote barangays of Gingoog City: Lunotan, Ricoro and Samay. A new high school has started this school year in Barangay Anakan, Gingoog City, and we will again support its classroom needs.

About Eighty-Two Percent of the Public Elementary Reach the 45:1Pupil-Classroom Ratio While the Public High Schoolsat Sixty-EightPercent (Misamis Oriental and Gingoog City DepEdDivisions Statistics Combined). Our help to the Department of Education (DEPED) of the Provincein attaining the desired 45:1 classroom to pupil/student ratio through our classroom construction works allowed the public education sector to have about 82and 68percentof its elementaryand high schools maintain the prescribed standards as of 2010. The 68 percent rating for the HS resulted from Misamis Oriental Division’s 53 percent and Gingoog City Division’s 83 percent.

We support the need of this sector experiencing a continued population growth by utilizing at least 50 percent of our Provincial School Board-Special Education Fund for the School Building Programevery year while we received classroom donations from the Filipino-Chinese Chamber of Commerce and Industry.To date, our con-tribution to DepEdin its classroom requirement total to 350 already from 294 of last year, while 25 units are still under construction.From 2004 to present, we invested at leastPhP 177M in our classroom construction.

The newlyturned-over 18-classroom building in MOGCHS, amounting to PhP 31.5M,has a toilet in each room, and can accommodate around 1,000 students in a shift. This is also for the use of the college students en-rolled in the Bukidnon State University-External Studies. Arrangements to rebuild the buildings in said school that were razed by fire early this year are now undertaken by the Provincial Government with DepEd.

National Achievement Test (NAT) for the ES Has Continually Increased Over the Last Five Years Yet HS Still Scored Below 50 Percent (Misamis Oriental Division). Last school year, the Misamis Oriental Division attained an over-all score of 78.43 percent for the NAT in ES. This is almost sevenpercent higher compared to the results in 2009.

For the HS level though, we are still below 50 percent in our NAT scores which could have been affected by a severe shortage of teachers (41 percent) and classrooms (30 percent). This predicament does not include yet the need for serviceable and safety-for-use chairs(47 percent).

Scholarships For Regular and Technical Courses in 21 Schools Sustained Since 2005.We maintain this support to students of regular and technical andother courses among 21 schools in the Province. Since 2005, around 4,000 have benefited this program, with more than 1,100 slots avail-able per school year. More than 250 scholars graduated last March, in addition to the 913total number of graduates in the lastsix years.

ENViRONMENT

We have planted additional seven hectares of man-grove plantation to 9.5 hectares last year and this was in the coastal area of Villanueva,Lugait, Gitagum, El Salvador, Talisayan, Balingoan and Binuangan

The partnership of the Provincial Government and SMART Communication Philippines has resulted in the planting of an additional 5,300 bamboo seedlings, covering the 13,200 linear meters, along the riverbanks of Mag-saysay, Balingoan, Sugbongcogon, Lagonglong, Naawan, Opol and Lugait.

Contending with the topographic limitations of the province in the area of agriculture, we continue our advo-cacies for the adoption of conservation farming through the conductof Soil and Water Conservation training/semi-nars in 11 municipalities with a total of 550 participants. Farmers tilling our hilly and sloping areas are encouraged to apply known but doable conservation methodsand we areproviding them farm inputs as incentive. This technol-ogy is seen as sustainable farming system which at the sametime could help in the protection of the environment.

Towards improving or perfecting tenurial status, the HandogTitulo Program, since its inception in late 2004, some 5,734 patents were issued to farmer beneficiaries in our province.

Like any other struggling local government, our pre-paredness to mitigate and adapt to the courses of nature, given the climate change phenomenon, could not be suf-ficient. But nonetheless, we have initiatives on this regard. We can no longer lessen the intensity of rampaging floods with the depletion of our watersheds. For instance, given our capacity, we can only rechannelBalatukan River to make its path clear alongKibanban toMandangoa inBalin-gasag(8 kilometers)and the Ili-ilihonRiver along Ili-ilihon, Salay(3 kilometers). We do the rechanneling in these and other areasto hopefully, disperse the impact of occurring floods.

In further response and in partnership with several national agencies, we have begun to train and mobilize our component LGUs on disaster risk reduction. With the completion and dissemination of the results of geo-hazard mapping conducted by the MGB, all community leaders were oriented on the pre-disposition and vulnerability of their barangays tolandslides, floods, storm surges and

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other geologic hazards. We are currently being trained on the use of GIS by NEDA/ADB for the Provincial Disaster and Risk Reduction Plan.

We have linked and activated respective motor pools of the Provincial Government and that of cluster munici-palitiesas rescue teams and support facilities in emergency situations. As circumstances require, the team will be put on a 24-hour alert status following advisories from the weather bureau. This rescue team has been effectively tapped in clearing operations of our national highway, after heavy flooding and storm surges. More rubber boats were acquired in addition to three existing ones.

JICA-funded Project ELCEMM Phase 1 Concluded. The three-year project funded by the Japan International Cooperation Agency (JICA) on micro-watershed manage-ment in the selected barangays of Alubijid and Gingoog City along Alubijid and Gahub watersheds formally ended in January, this year. Arrangements for the second phase are being evaluated by the National Economic Development Authority (NEDA) Head Office, after which, it shall forward its recommendations to JICA. We will still continue to do our share in advocating for good governance on watershed and environmental concerns, particularly at barangays of more vulnerable watersheds.

POVERTY ALLEViATiON

The development agenda we framed in 2004 were directly targeted to impact in our drive against poverty. The course of development we have been pushing for, in the past seven years, may not be directly felt by each one of us, but the perpetuation of peace, especially in the hin-terland areas of the Province speaks of how we are really winning in this arena.

Marking the 39th anniversary of Martial Law, the Armed Forces of the Philippines (AFP) has settled with pov-erty alleviation programs and the pursuit of comprehensive development agenda for the 16 municipalities and Gingoog City to end armed conflict, instead of looking to the usual military solutions. This approach is part of the watch on Internal Security Operations which the AFP has entrusted to the LGUs as per signed agreement among them.

The People of Lantad Expressed to the Government of the Philippines InA Manifesto,Their Dream of Peace Be-ing Given A Chance in Lantad. Their War Against Poverty is Still A Way Far Though. Our desire to uplift the life of the Higaonons in Lantad through our concerted development programs with the various government agencies could never be enough for them to live in peace. The people of Lantad expressed in a Manifesto, appealing to the govern-ment and the Communist Party of the Philippines-National People’s Army-National Democratic Front (CPP-NPA-NDF) to respect their right to self-determination and their deci-sion to live in peace, citing the agreement signed by the Philippine Government and the NDF in March 16, 1998 in The Hague, Netherlands on Comprehensive Agreement on Respect of Human Rights and International Humanitarian Law. Said paper reached the Reciprocal Working Commit-tee on Economic Reforms of the Government negotiating with the CPP-NPA-NDF through Father Albert Alejo S.J., in a special joint meeting of the Peace and Order Councils of Misamis Oriental and AgusandelNorte, in May 26, 2011. This will hopefully be included in the discussion of the peace negotiating panel in Oslo, Norway. Indeed, despite the various development programs poured in Lantad, the people’s war against poverty in this area still faces many challenges and hurdles, and it is incumbent upon us to remain steadfast and committed to them.

The Replication of the Lantad Experience in Umagos,Bunal-Alipuaton and TamaHas Started Off.Our Lantad Experience has never been easy, but it could not deter us from doing the same in other heretofore rebel areas of the Province: Umagos, Lagonglong; Alipuaton, Salay; Tama, Magsaysay; Sungay, Alubijid to Sinalac, Initao; Kimaya, Villanueva; and Bonifacio Aquino to Mindulao, Magsaysay.SitiosRoa-Roa and Kapataganare located in Barangay Umagos of Lagonglong. These areas are rich for abaca production yet people cannot expand production as road access and product transport are posing some constraints. In our on-going response, we opened 6.5kilo-meters of roads connecting Kapatagan to centralUmagos. We face the same challenge in Tama, Magsaysay where socio-economic opportunities are almost non-existent given the very lack of government services. We are also opening eight kilometres of roadconnecting Barangay Bunal-SitioSalahun-SitioPugahan-Barangay Alipuaton, Salay. These road works are only start-off activities which we will be collaborating with various national government agencies, in a common objective of reducing poverty and related to this, addressing insurgency.

We Recognize the Need of Supporting our Disadvan-taged Youth.Thus,We Collaborate with the Juvenile Justice Welfare Council (JJWC). The JJWC has allocated PhP2.5 to start up the construction of BahayPag-asa, a training and rehabilitation center inClaveria for disadvantaged youth who are in conflict with law. Claveria is a pilot beneficiary of this facility of the JJWC of the Department of Social Welfare and Development National Office. The Provincial Government will serve as manager of this facility that is intended to provideprotection,care,trainingandrehabili

tationinahome-likeenvironmentinitially to 12 residents forsix months as maximumperiod withtheendviewofrein-tegratingthemwiththeir respectivefamiliesandcommunity.Starting with the ground-breaking rights on March 15, 2011, the construction of this rehabilitation center is40 percentcompleted.

On Employment Generation.Our collaboration with the Department of Labor and Employment (DOLE) and the Technical Education Skills and Development Authority,sustains our thrust in looking for employment opportunities for our constituents through our linkage with the various local and foreign employment agencies. Since2005, job placements facilitated already number to 6,544.

On the Special Program for the Employment of Stu-dents with DOLE, about 620 students benefitted from said program last summer, making 4,853beneficiaries in all since 2005. The Provincial Government allocated PhP1.8M for this program, totalling PhP12.6M in all, since 2005.

On other than job matching and referrals of seek-ers, we undertook career and employment guidance and coaching among graduating students from the secondary, tertiary and technical schools in the province.

In the small scale mining sector, anestimated 300 individuals were employed in the operation of Small Scale Mining and Extraction of Sand and Gravel and Quarry resources.

AGRiCULTURAL PRODUCTiViTY

The yield of palay and corn farms in the Province posted an increase of 10.81 percent and 10.33 percent, respectively in 2010, compared to statistics in 2009, ac-cording to the records of the Bureau of Agricultural Statis-tics. From more than 9,700 metric tons, palay production increased more than 10,800 metric tons. Corn production was at almost 36,100 metric tons from more than 32,700 metric tons.

CY 2010 is regarded as bountiful year for Misamis Ori-ental in terms of high valued crops production especially for fruit production where we exceeded the production performance over that of 2009becauseof the massive trainings on Good Agricultural Practices for fruit produc-tion. Vegetable production performance for leafy and leguminous vegetable got high accomplishment results because of our commodity program, where DA provided quality seeds to commercial growers. Our root crops pro-duction shows also a remarkable performance because of contract growing program with SMC and DA Research Sta-tion. For Industrial Crops, Abaca doubles its performance because of seedling dispersal program since CY 2006.

Through the collaborative efforts of our province and our towns, a total of 206.5 hectares of new agribusiness lands were developed which alsogenerated 206 jobs.

Provision of Institutional Support, Farm Inputs and Post Harvest Facilities to Farmers and Cooperatives Us-ing Our Own Funds.Market promotion through market matching has been undertaken for the Misamis Oriental Veggies Federation with the Growth with Equity in Mind-anao Project funded by the U.S. Agency for International Development and NORMIN Veggies.

The National Irrigation Authorityhas funded the com-munal irrigation system project in Balingasag, Lagonglong and Magsaysay, totalling to PhP 4.4 M, while it also funded the PhP 18M river irrigation project in Balingasag.

We continually provided technical and financial sup-port to our cooperatives while we afforded farm inputs and small-scale irrigation facilities to our farmers using our own funds. Seeds and planting materials distribution was continually aided by the Department of Agriculture. About 35 units of solar driers across the Province were completed where we provided construction materials as-sistance worth PhP 3.8M. We promoted organic farming technology through vermi-culture and operation of small-scale composting facility.

Updates on the World Bank FundedMindanao Rural Development Project- Adaptable Program Loan 2 (MRDP-APL 2).Twofarm-to-market road (FMR) sections have been completed located in Guinalaban, Salay and in Magsaysay connecting barangays Consuelo and Abunda. A total of eight infrastructure projects are being undertaken inInitao, Salay, Kinoguitan and Libertad with an aggregate amount of PhP 38.60M. There are about 14 infrastructure proj-ects that are in the procurement stage with a collective amount of PhP 93.79M to be implemented in Sugbong-cogon, Binuangan, Gingoog City, Opol,Claveria, Libertad and Villanueva.

Misamis Oriental has the highest number of par-ticipating LGUsin this program, with 12 municipalities and one city. Also, we are the only Province in the Region that has two municipalities enrolled in the natural resource management component.The project’s component on community fund for agricultural development is applied for by 12LGUs (municipalities) and Gingoog City for 128 barangays under a loan-equity-counterpart sharing mecha-nismto benefit around 141 people’s organizations with the over-all objective to enhance food security and increase income. A total of 141 livelihood projects have been ap-proved with a total project cost ofPhP44.61M.

Updates on the European Commission Funded

Focused Food Production Assistance to the Vulnerable Sectors Project (FPAVAS). The FPAVAS project is nearing completion this year, ending its three-year engagement with the indigenous peoples (IPs) in the 18 barangays of Balingasag and six upland barangays of Claveria. Other than provision of farm inputs and animals among said ben-eficiary barangays, the program also facilitated a vulner-ability survey and organized a coordinated linkage systems on climate change adaptation or CCA from the provincial to the barangay level, i.e. inclusion of CCA methodologies in the barangay development plans, teaching of CCA-aligned farming among the IPs.

Quarantine Station InLugaitIs Self-sustaining In Pre-serving the Livestock and Poultry Industry of the Province. The Same Facility Will Be Replicated in Magsaysay. The quarantine station for livestockand poultrywe installed in Lugaitwill be replicated in Magsaysay which would cost PhP 5.6M. This could facilitate the screening of animals enter-ing the Province that traverses through the Province of Agusan del Norte to ensure that the meat industry would be well fit for human consumption.We saw the success of this initiative in protecting the multi-million livestock and poultry industries from foot-and-mouth disease, surra, hog cholera, and bird flu, among others. On the average, we have prevented the entry of sickly native pigs which was recorded at 150-200 heads a week. The revenues generated by said 11-man facility in Lugait could allow its operations to be self-sustaining and without help from the Provincial Government.In the past 10 months, the facility earnedPhP 1.5M.

One major agricultural productivity program that we are pushing, in collaboration with the Department of Agriculture, is the implementation of the so-called Multi Industry Cluster, where Korean business groups invest in Philippine agriculture. Misamis Oriental is one of the provinces that have been chosen by the Korean Group.

teaMwork and a STREAMLiNED BUREAUCRACY

Theunqualified opinion of Commission on Audit (COA) in its Annual Audit Report for CY 2010 of the Pro-vincial Government of Misamis Oriental is a manifesta-tion of good and efficient fiscal management, as well as effective teamwork. The COA rendered ‘’an unqualified opinion on the fairness of the presentation of the finan-cial statements of the Province of Misamis Oriental as of December 31, 2010 and the results of its operations for the year then ended in accordance with applicable laws, rules and regulations and in conformity with generally accepted accounting principles.’’ This is unprecedented in the Province’s history for decades.

Other related convergent efforts are indicated in the following:

Laguindingan International-Standard Airport Targeted For Completion by 2012. Undertaking with Various Govern-ment and Private Entities to Facilitate Need for Other Infra-structure and Support Facilities Continuing.Completion of civil works is at over 85percent as of the latest report, while the facilitation of bidding documents for the air navigation system and support facilities is still on-going. Relatedly, a team composed of regional government agencies and private sector is looking on the needed infrastructure and utilities support within and outside the airport.

The Institutional Reforms in the Bureaucracy Envi-sioned Seven YearsAgo is Slowly Rolling to Realization as Augmented by the PRMFProject Initiatives.We are being challengedin institutingreforms in our capacity to deliver services as prodded by the PRMF. While other Provinces in the country have long been benefiting from Official Development Assistances (ODA), Misamis Oriental has not been a priority of ODAs as we are located in a more developed zone in Mindanao. Perhaps our geographical location gave these assisting entities an assumption that we are sufficient and able enough to initiate the reforms and changes by ourselves. I have, therefore, lobbied for more attention and support from ODAs during my term.

The Australian Aid for International Development help enabled us to assess closely the capacity of our workforce and initially plan on strengthening our Human Resource Office prior to making a more comprehensive human resource development program. For the first time, a core of our employees are being sent abroad to pursue further studies at no cost on our part which hopefully our bureaucracy would benefit upon their return.

The various PRMF-supported trainings enabled us to come up with specific plans on: Human Resource Manage-ment and Development; Executive Legislative Agenda; Provincial Road Network Development; Strategic Financial Management and Revenue Generation. These plans were supported by our partner non-government organizations (NGOs) through resolutions for approval at the Provincial Development Council level. Relatedly, plans for the opera-tions of the Internal Audit, the Information, Communica-tion and Technology/Geographic Information Systems, and the Monitoring and Evaluation Systems were also initiated.

We would like to be more transparent in our govern-ment processes to our program and project partners. We are starting on formulating mechanisms to institute Civil Society Organizations (CSOs) involvement in the monitor-

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ing and evaluation of our major development programs and projects while we encourage a more active participa-tion in the Bids and Awards as well as in the budgeting processes.

On Sports.The Provincial Government continues to support talents in sports where Filipinos have been known to excel. Thus, the Misamis Oriental Boxing Team has been established and hasgiven opportunities to hone skills through discipline, training and invitational events. Through this half of the year alone, we have sent our boxing team on a mission to Bukidnon, Sarangani and Bohol provinces, all coming out as champions or over-all champions.

In Chess, the Provincial Government, in cooperation with the Misamis Oriental Chess Development Founda-tion, have sent players to national and international tournaments, trainings and clinics. They’ve gone to Davao City for the 2011 National Age Group and Junior Chess Championship of the Philippines where our bets in the 20 years old and below boys, and in the 8 years old and below boys, came out as champions, no less. At Tarakan, Indonesia in the ASEAN Age Group, the same duo emerged as champions or won Gold medals for standard and rapid categories, and as a team, received the Silver Medal. For the first time, Misamis Oriental has produced an Interna-tional Master in the person ofMr. Richelieu Salcedo, from Inobulan, Salay.

The Provincial Government has also served as host in the 2011 PLDT/ABAP National AmateurBoxing Cham-pionships held at the Provincial Capitol Grounds where Misamis Oriental became over-all champion.

hEALThAND hOSPiTAL SYSTEMS

Reduction of Cases Mortality Among Infants (One Year Old and Below) Has Been Consistent Since 2008. As of 2010 records, death cases occurring among infants (one year old and below) was posted at 2.96. This rate means that per 1000 birth cases, almost 3 infants died (55 deaths of 18,586 births) in said year. In 2008 and 2009, the rates were at 6.40 and 4.52, respectively. These indicators, along with our efficiency of affording maternal care services, have been monitored in compliance with our MDG commitment.

Relatedly, the average birth in the recent three years posted a rate of 20.9. The rate in 2010 is higher than the rates in 2008 (21.0) and 2009 (20.2). In 2010, more than 18,500 birth cases were reported. In every 1,000 popula-tion, it is interpreted as having a rate of 21.6.With the erratic trend of birth rate, we still need to intensify more on the advocacy/campaign on natural family planning and responsible parenthood.

Meanwhile, the maternal deaths as of 2010 data was 58 per 100, 000 live births. These require only a minimal amount to attain the MDG 2015 which is to reduce mater-nal deaths to 52 per 100,000 live births. But despite of this MDG progressive track record, we still have to continue and do more in caring our mothers to be healthy in order to produce healthy children. We are also proud to note the increasing trend of the facility-based deliveries from 35 percent in 2007 to 47.33 percent in 2010, which is mainly because of our having our provincial hospitals and munici-pal health centers comply with Philhealth accreditation.

Regional Winner on Barangay With Best Sanitation Practices in Three Consecutive Years. Since 2008, we were awarded as a Regional Winner on Barangay with Best Sanitation Practices for Barangays of San Miguel, Gingoog City; Pook, Talisayan and Tubigan, Initao during the period 2008-2010, respectively. This winning streak has served us for nominationin the National competition.

Relatedly, MisOr PHO was chosen as having Best Prac-tices on Data Quality Check for MNCHN (Maternal, New-born, Child Health and Nutrition) Indicators in Region 10.

About 103 Units of Barangay Health Centers Are Rehabilitated by the Provincial Government Since 2005. Being a component program in improving the services on child and maternal care, we have rehabilitated 106 barangay health centers, alongside with providing these centerswith various supplies and materials. This figure included our accomplishments with the CWC previously. Of this figure, 15 units were recently turned over while four units are newly completed.

Prevalence of Malnutrition Decreased to 7.98 Percent in 2010 Compared to 13.21 Percent in 2008. We continued advocating for the cheapest way to be healthy by sustain-ing the Garden for Go Grow and Glow Program for the 5th year now with the support from various national govern-ment agencies while we pursued our nutrition programs. As of latest count, malnutrition cases in the Province dropped to 7.98 percent (2010) from 13.21 percent (2008).

InnovativeHealth Systems Improvement Gained GalingPook Awards.On March 17, 2011,Malacañangfor-mally recognized our innovations in improving our health services in a ceremony for the GalingPook Awards along with nine other local governments across the country.We were elated of this recognition from national government after going through a rigorous process in rehabilitating and capacitating our seven provincial hospitals, alongside providing preventive and security care to the Misamisnons through our various health programs.We are one of the

few in the country to employ an online medical consulta-tion. With Smart Communications, Inc. technology, our patients in the provincial hospitals in Balingasag, Initao, Manticao, Talisayan and Gingoog City can nowconsult their pre- and post-operation medical concerns via internet with our partner medical specialists based in Cagayan de Oro City on real-time.

Department of Health Pondered to Replicate our Approaches in Addressing Sluggish Process of Acquiring Medical Supplies. Despite exigency, our government pro-curement process cannot exempt all government hospitals from undergoing the procurement-request-to-inspection processes of acquisition in bulk of the medicines and sup-plies. We believe that the right availability of medicines and supplies is more important than the on-site presence of the doctors and specialistsin our hospitals. We are glad that our initiative on having a Pharmacy Enterprise with pharmaceutical companies offering the lowest prices of drugs and medicines as possible is acknowledged by the head office of the Department of Health in one of its site visits in the Province.

We Sustained theRehabilitationin the Operations of the Seven Provincial Hospitals So That All Would Be Catego-rized Under Level II by Philhealth/Department of Health by the End of 2011. The Upgrading Initiatives Contributed to Increasing Bed Capacity and Increasing Occupancy Rate. Our district hospitals in Talisayan, Gingoog City, Balingasag, Initao and Manticao are all in the Level II of accreditation, leaving the hospitals in Magsaysay and Claveria still in the first level. We have sustained our efforts of completing the requirements for these two primary hospitals to qualify for the next level, completing additional construction works in March 2011 amounting to PhP 5.8M. Also, we completed the construction of the clinical and administrative build-ings of our hospital in Gingoog City costing PhP 4.7M. We are targeting to increase the bed capacity of this facility to 100 from 50.Back in 2004, total bed capacity of the seven hospitals was less than 100. With a tremendous increase in the number of beds, we now haveat least 200 units in all.

The total hospital admissions recorded as of Decem-ber 2010 was20,300, compared to only more than 9,000 in 2004. From 2004 to 2010, the hospital occupancy rate (HOR) posted an average increase of 14.5 percent. Of the total admissions in 2010, more than 76 percent of patients were covered by Philhealth compared to only more than 32 percent in 2004. From 2004 to 2010, admissions with Phil-health coverage posted an average of more than 67 percent.

The Construction of PhP 100M-worth OWWA MisOr Provincial Hospital in Alubijid Is Underway. Our partner-ship with the Overseas Worker Welfare Administration (OWWA) to build a 50-bed capacity state-of-art hospital worth PhP100M in Bgy.Lanao, Alubijid is beingpursued despite the constraints we faced previously. The OWWA provided some of its initial funds along with our initial counterpart for the on-going construction works worth PhP 15M. By virtue of our agreement, we are obliged to infusePhP 55M while the OWWA would put inPhP 45M.Notably, the municipal government of Alubijid facilitated its donation of the hospital site. This would-be Level II health facility could help decongest the 7570:1 population to hospital bed ratio inGitagum-Alubijid-Libertad-Initao-Laguindingan-ElSalvador-Opol health zone to reach the acceptable 1000:1 standard.

Secondary Comprehensive Medical Care Institu-tionalized and Sustained. The conduct of Tabang Medico monthly is sustained with our partner medical forces from Misamis Oriental and Cagayan de Oro City. We are always indebted to the personnel support provided by the German Doctor’s Hospital (GDH), the Northern Mindanao Medical Center (NMMC), the Maria Reyna Hospital, the Capitol University Medical Center, the Philippine Army and other medical organizations. The Philippine Charity Sweepstakes Office (PSCO) and the Philippine Amusement and Gaming Corporation have again given their donations despite our already many requests in the past. Relatedly, assistance to walk-in clients forin-patients and out-patients needsare also providedthrough the intervention of NMMC, PCSO, GDH, United Way and Philippine National Red Cross for blood transfusion concerns.

Our Eye Care Program in collaboration with our Pro-vincial Eye Sight Boardis now institutionalized in our pro-vincial hospitals. We went beyond the target of at least one cataract operation per day as there are now more hospitals catering to this program while we still consider various requests of non-Misamis Oriental residents. Counting as of June last year to May this year, 374 cataract operations have already been undertaken, totalling to 3,823 operations conducted since its inception in 2005.

Patients Saved About 60-80 Percent of Surgical Pro-cedure Cost in Our Provincial Hospitals Under SURGICARE. Our partnership with the Mindanao Consortium on Surgi-cal Residency Training Program, tapping the expertise of 31 multi-specialist staff from hospitals in Cagayan de Oro City for a Mobile Surgery Services Project allowed patients to save about 60-80 percent of cost of surgery undertaken in our Provincial Hospitals. From around PhP50 thousand cost of cataract operation, cost could go down by 60 per-cent or to PhP20 thousand, while minor operations for in-patients would cost PhP 6,000 only from an estimated PhP 30 to 40 thousand.

My Forward plans

I have barely two years left of this term as Governor and two years more to be with you in our development endeavours in the Province. The years ahead may be too short for the still many things we wish to do for the Province. In our annual and medium-term investment programming, we have targeted to continue our peace building initiatives to pursue the replication of our Lantad Experience in Salay, Lagonglong,Magsaysay and in many other towns of our Province. We will continue improving our hospital services and sustain our PhilhealthIndigency Program. We aim that the provincial hospitals in Claveria and Magsaysay would qualify for the second level accreditation of the Philippine Health Insurance Corporation while the provincial hospital in Gingoog City could attain Level III status. We will also continue building classrooms and open other high schools possible.

We will pursue the rehabilitation of alternate cir-cumferential roads initially across seven municipalities: Opol-Manticao (Opol-Tingalan-Limunda-Manticao Road), Balingasag-Claveria (Baliwagan-Impakibil Road), Alubijid (Alubijid-Lourdes-Sungay Road and Sungay-Lubilan Road), Magsaysay (Magsaysay-Kibungsod-Diwata Road and Kibung-sod-Abunda Road), and Villanueva (Katipunan Highway-Dayawan-Mambuaya Road). Rehabilitation of these roads will hopefully link the production areas of more than 50 barangays to the national highways and the market centers. We will also continue with what we have started in Salay, Kinoguitan and other towns.

We intend to pursue the upgrading of MISORTEL technology. The ultimate way to make it survive in this generation of technology is to make it competitive through its quality servicing along with the bigger and more stable telecommunications industry. We are hopeful to expand line connection along Alubijid andLaguindingan using new fiber optic transmission device.

We will pursue the completion of an internet-ready Real Property Tax Information System to improve our tax collection efficiency and adopt other strategies to further increase local revenues.

We will pursue our advocacy for the adoption of con-servation and integrated systems, particularly sustainable agro-forestry of our many rolling and sloping farming areas. This way we could, at the same time, help in the protection of the environment.

We will continue our provision of financial assistance to cooperatives through soft loans for start-up or additional capital investment. This is a way of empowering small com-munities.

In our efforts to continue to enhance capacity of work-ers in the provincial bureaucracy, we instituted a Human Resource Development Program. This is in conjunction with the Institutional Governance Reform component of the Provincial Roads Management Fund under the auspices of the AusAID, whereby systems and processes at the Provincial Capitol are being put in place, and in the course, further HRD.

We are confident of and committed to the steady course we are taking, as stipulated in the Provincial Devel-opment and Physical Framework Plan and the Provincial Development Investment Plan founded under the 8-point agenda of my administration and which is a product of consensual process of forging directions and sustaining ac-tions geared toward the attainment also of the Millennium Development Goals.

In this we have been proven right in our direction and focus, which is geared especially toward Poverty Alleviation. Our efforts to improve the physical integration of the Prov-ince, establishment or enhancement of facilities supporting basic services, providing support to agricultural productivity and enterprise development, empowering the communities, as well as supporting human resource development with the end view of improving services, among others, are all geared toward improving access, socio-economic opportunities, and bringing to the fore the reason for it all, which is the dignity and quality of life of the human person.

CONCLUSiON

In closing, let me enjoin you, my fellow-Misamisnons and development partners, to be steadfast in holding on to and nurturing our gains. Our efforts in the last few years have been geared towardsenhancing local governance and promoting sustainable development in the Province of Misa-mis Oriental in order to regain its prominent place in Region 10 and in Mindanao. It was only in recent years that we have gained the confidence of the international community with foreign-funded projects, at least one being implemented directly by the Provincial Government and others with substantial provincial government financial counterpart and more involvement of the concerned departments at the Provincial Capitol.Thank you very much for the gains and lessons we collectively achieved for the past year. I am hoping for your untiring trust, confidence and cooperation in my governance. Let us continue working together.

walay biyaan sa probinsya! Mabuhi ang Misamisnon! Mabuhi ang Mindanao!

Page 18: Mindanao Daily Balita July 18

18 BusinessWeekmindanaoJuly 18-24, 2011 Features

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OFW biz showcase scores success with Gano iTouch

a successful business formula is credited to the feat of a former ofW who is now able to tend to her bustling Gano iTouch business. Named armi Golen aligonero, this former ofW shall soon be joined by her seaman husband, who is due to retire in a few years. The business they put up in cooperation with malaysia-based Gano Excel International which is bannered as Gano iTouch in the Philippines, is the fruit of the small investment they made from their combined hard-earned money. Their initial investment of P50, 000 made in 1996 was recovered within the same year and has by now grown by leaps and bounds. “We increased our investment to P200, 000 in 2008 when I decided to become a stockist in preparation for my retirement and that of my husband,” armi disclosed. The investment the couple made three years ago has again long been recovered and their business has by now grown substantially. Gano iTouch

OVERSEAS Filipino workers (OFWs) now have a con-crete reason and opportunity to aspire for success in business in their own country instead of continuing to serve foreign employers and sacrificing togetherness with their loved ones.

assistant marketing manager Renz Solinap said, “Return on Gano iTouch investment is between 30 and 32.52 percent.” “Gano iTouch investors or stock-ists immediately get back their investment because of multiple ways by which the Gano iTouch sys-

tem makes them earn, including retail sales, network income, and subsidy received by

serving as a center.” “on top of these, armi earns much more because of her twin op-erations as both a center and a coffee shop that serves exclusively Gano iTouch coffee and other products,” he added. “I first opened my business in my Iloilo hometown as a home-based center, but the moment I saw with my own eyes, how promising the business could get, I secured a small space in the marymart mall in the heart of the city,” armi herself narrated. “Growth was faster in the mall

business Feature

Gano iTouch in Iloilo mall

GAno/PAGE 11

Page 19: Mindanao Daily Balita July 18

Billboard 19July 18-24, 2011BusinessWeekmindanao

pryce plaza hotelCarmen Hill, CDO, Tel. No.722791 to93/858-4537

E-mail:[email protected]

hotel koresco Pueblo de Oro Golf Course,CDO, Tel. No. [088] 858-2381/

859-2294, E-mail:[email protected]

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

E-mail:[email protected]

dynasty Court hotelTiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410

E-mail:[email protected]

the Marigold hotelvelez cor. luna sts, Cdo

tel nos. 856-4320, 726937

Marco resortTel. No. 732182 / 855-220

vip hotelA.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505

E-mail: [email protected]

philtown hotelMakahambus-Velez St. CDO,Tel. No. 723089 / 856-1813

de luxe hotelCapt. V. Roa St. CDO, Tel. No. 726527 /857-2144

Maxandrea hotelJ.R. Borja St. CDO, Tel. No. 729943/ 857-2244 / 857-4154

grand City hotelA.Velez- Sts. CDO

Tel. No. 723551 / 723658 / 857-1900

hotel ConchitaYacapin Ext. CDO, Tel. No. 727356 / 856-3856

E-mail:[email protected]

harbor lights hotelGusa, CDO

Tel. No. 724878 / 855-6060

Country village hotelCarmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05

southwinds hotelCapt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036

E-mail:[email protected]

apple tree resort and hotelTaboc, Opol, Misamis Oriental,

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

discovery hotelLimketkai Drive, CDO tel. No. 72-78-14, 72-73-20

pearlmont innLimketkai,Drive,CDO

Tel. No. 729111 / 856-2654 / 729455

red palm innEVChaves Building, Capistrano corner Cruz Taal Sts.

Cagayan de Oro Citytel. no. 721197 and 8562671

Cell no. 0908-885-5643Email: [email protected]

Cagayan riverview innVamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/

858-4245, E-mail:[email protected]

Chali beach resortCugman,CDO,Tel. No. 723929 / 855-2108

E-mail:[email protected]

nature pensionneToribio Chavez Sts., CDO

Tel. No. 723598 / 723718 / 857-2274

new dawn pensionnevelez-Macahambus sts, Cdo

tel nos. 8571776, 721776email : [email protected]

Middleton apartelleLirio St. Carmen, CDO

Tel. No. 723665 / 723580 / 858-4839

sir george pension housePabayo-Gaerlan St. Cagayan de Oro Citytel. No. 856-1990, 856-2004, 856-4447

Miami innVamenta Boulevard, Carmen , CDO

Tel No. 858-1901, 72-52-79

DiNAh’S BEACh RESORTBrgy san Juan, Gingoog City Tel No. (088) 861-3044

Malasag eco tourism villages

Cugman, CDOTel. No.855-6183 [088]309-3752

HOtELSREStAURANtSWHEN a violinist marries a

pianist, you get a family that plays music together and stays in the concert circuit over and over.

Soon to grace Rodelsa Hall are multi-awarded mu-sicians Gilopez and Corazon Kabayao, violinist and pia-nist, respectively, and their violin-playing children: Sicilienne, Farida and Gil-berto. For decades now, the Kabayao Family Quintet has toured all over the Philip-pines and the world and has performed for a wide-range of audience as part of their advocacy to bring classical music closer to the young generation.

Their unique ensemble has earned rave reviews from local and foreign crit-ics, who were impressed

Kabayao family quintet at Rodelsa Hallby their passionate and as-tounding performances.

Mr. & Mrs. Gilopez and Corazon Kabayao were recipients of the Gawad CCP Award for Music in 2008. The citation noted their unwavering passion to forge awareness and ap-preciation of classical music to Filipinos.

On August 9, 2011, at 7:30 in the evening, Cagaya-nons will also get to experi-ence their own brand of art-istry as the Kabayao Family Quintet graces Rodelsa Hall for a special performance as part of Liceo de Cagayan University’s aim to bring to local audiences world-class musical acts. This event is just one of the many upcom-ing concerts lined up for Rodelsa Hall for 2011-2012.

For ticket inquiries, please feel free to call the Office of the Cultural Affairs at (088) 8584093 to 95 local 109 or email cultural@liceo.

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

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edu.ph and look for Mr. Raffy Sabunod or Mr. Owen Jaen. This event is for the benefit of Safer River, Life Saver Foundation, Inc.

Page 20: Mindanao Daily Balita July 18

20 BusinessWeekmindanao

July 18-24, 2011