businessdaily mindanao (april 15, 2013 issue)

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CARAGA/PAGE 11 VILLAR/PAGE 11 CAMPUS/PAGE 11 Editorial and advertising email : [email protected] • Cell Number : 0917-7121424 • 0947-8935776 UP TO 15% DISCOUNT ON DOWNPAYMENT DOWNPAYMENT- UP TO 12-24 MONTHS TO PAY BALANCE PAYABLE IN 10 YEARS @ 10% FLAT RATE B USINESS D AILY CREDIBLE RELIABLE IN-DEPTH Volume III, No. 191 April 15, 2013 Monday Cagayan de Oro City P15.00 Market Indicators US$1 = P41.27 FOREX PHISIX AS OF 6:45 PM APR. 12, 2013 (Friday) 6,891.43 points X X 15 cents 59.69 points Briefly Biz seminar DAVAO City -- The Department of Trade and Industry – Davao City Field Office (DTI-DCFO) will be conducting a one-day seminar to equip those who want to start their own business. Dubbed “Developing an Entrepreneurial Mindset”, the seminar is set on April 16, 1:00 to 5:00 pm, at the DTI Conference Room, 2/F Mintrade Building, corner Monteverde and Sales Streets, Davao City. The seminar is the first module in the DTI Entrepreneurship Development Training. DTI-DDCFO director Teodulo T. Pasawa said it is most suited for small business owners or start-ups, would- be entrepreneurs, young professionals, out-of-school youth, and students who consider starting up a small business. NGCP taps LGUs DIPOLOG City -- The National Grid Corporation of the Philippines (NGCP) warns the public of the risks of planting trees under their transmission towers and breaching right-of- way (ROW) clearances. Atty. Cynthia P. Alabanza, NGCP spokesperson, has emphasized the importance of maintaining safety clearances, saying ”the NGCP has its eyes on private landowners who intentionally and unintentionally plant trees under the transmission lines.” She said NGCP has been dealing with this problem since the company took over the operations of the country’s electric transmission business. The NGCP has recently sought the help of the municipal government of Balo-i, Lanao del Norte in curbing tree planting under and along transmission lines in the said municipality. P Motoring Tourism Opinion Lifestyle INSIDE LOOK Caraga grows fast, but many still poor Normin campus journalists harvest 12 national awards Growth Rates of Regional Economies 2009-10 and 2010-11, at Constant 2000 Prices The chart shows the remarkable economic performance of Region XIII-Caraga (encircled). J.P. RIZAL - CRUZ TAAL STS., (NEAR SHANGHAI BAKERY) DIVISORIA, CAGAYAN DE ORO CITY POLL WATCH ADVERTORIAL Despite improved statistical data, many are still impoverished. PHOTO BY MIO CADE Mrs. Hanepbuhay Cynthia Villar leads the clean-up drive at Las Pinas-Parañaque Critical Habitat & Eco-Tourism Area (LPPCHEA), which was recently included in the Ramsar List of Wetlands of International Importance, an intergovernmental treaty on the conservation and sustainable use of natural resources. By CHRIS V. PANGANIBAN, Regional Correspondent S AN FRANCISCO, Agusan del Sur – Caraga region may have outperformed all regions in the country in terms of economic development in the last few years based on government data, but its people still among the poorest, the social welfare department said in its report. The gains of the rosy economic picture projected by the National Statistical Coordination Board (NSCB) since 2010 seems to have not trickled down to the poorest of the poor in the region which still consists 50 percent of the population, the report released last week by the Department of Social Welfare and Development (DSWD) in Caraga showed. A NSCB study last year showed that the region, Villar leads Manila Bay clean-up IN consonance with the forthcoming Earth Day celebration, Team PNoy senatorial candidate Cynthia Villar yesterday led the clean-up drive at Manila Bay in the Las Pinas-Paranaque Critical Habitat & Eco-Tourism (LPPCHEA), which was recently included in the Ramsar List of Wetlands of International Importance, an intergovernmental treaty on the conservation and sustainable use of natural resources. “We have to care and By URIEL C. QUILINGUING Contributing Editor CAMPUS journalists from Northern Mindanao won 12 individual and group contest awards during the National Schools Press Conference at St. Peter’s College in Ormoc City on April 7-12, this year. Regional campus journalism coordinator Mala Epra Magnaong of the Department of Education 10 said that the NSPC winners were part of the 250-strong delegation of campus journalists, school paper advisers and school division education program Economy PAGE 2 Last filing of income tax returns today PAGE 3 PAGE 4 PAGE 8 PAGE 6 Mazda cars not affected by recall Boracay invasion for Belo Sunexperts One town one product GenSan’s newest hotel By Ped Quiamjot THE TOURISM HI - WAY TRAVERSING

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BusinessDaily Mindanao (April 15, 2013 Issue)

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Page 1: BusinessDaily Mindanao (April 15, 2013 Issue)

Caraga/PAGE 11

Villar/PAGE 11

Campus/PAGE 11

Editorial and advertising email : [email protected] • Cell Number : 0917-7121424 • 0947-8935776

up to 15% discount on downpaymentdownpayment-up to 12-24 months to paybalance payable in 10 years @ 10% flat rate

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

Volume III, No. 191 April 15, 2013MondayCagayan de Oro City P15.00

Market Indicators

US$1 = P41.27

FOREX PHISIX

AS of 6:45 Pm APr. 12, 2013 (friday)

6,891.43 points

XX

15cents

59.69points

BrieflyBiz seminarDAVAO City -- The Department of Trade and Industry – Davao City Field Office (DTI-DCFO) will be conducting a one-day seminar to equip those who want to start their own business. Dubbed “Developing an Entrepreneurial Mindset”, the seminar is set on April 16, 1:00 to 5:00 pm, at the DTI Conference Room, 2/F Mintrade Building, corner Monteverde and Sales Streets, Davao City. T h e s e m i n a r i s t h e f i r s t modu le in the DTI Entrepreneurship Development Training. DT I - D D CFO d i r e c to r Teodulo T. Pasawa said it is most suited for small business owners or start-ups, would-be entrepreneurs, young professionals, out-of-school youth, and students who consider starting up a small business.

NgCp taps lgusDIPOLOG City -- The National Gr id Corporat ion of the Philippines (NGCP) warns the public of the risks of planting trees under their transmission towers and breaching right-of-way (ROW) clearances. Atty. Cynthia P. Alabanza, NGCP spokesperson, has emphasized the importance of maintaining safety clearances, saying ”the NGCP has its eyes on private landowners who intentionally and unintentionally p l a n t t r e e s u n d e r t h e transmission lines.” She said NGCP has been dealing with this problem since the company took over the operations of the country’s electric transmission business. The NGCP has recently sought the help of the municipal government of Balo-i, Lanao del Norte in curbing tree planting under and along transmission lines in the said municipality.

P

motoring Tourism Opinion lifestyle

INSI

DE

LO

OK

Caraga grows fast, but many still poor

Normin campus journalists harvest 12 national awards

Growth Rates of Regional Economies2009-10 and 2010-11, at Constant 2000 Prices

The chart shows the remarkable economic performance of Region XIII-Caraga (encircled).

J.P. RIZAL - CRUZ TAAL STS.,(NEAR SHANGHAI BAKERY)DIVISORIA, CAGAYAN DE ORO CITY

POLL WATCH ADVERTORIAL

Despite improved statist ical data, many are st i l l impoverished. photo by mio cade

Mrs. Hanepbuhay Cynthia Villar leads the clean-up drive at Las Pinas-Parañaque Critical Habitat & Eco-Tourism Area (LPPCHEA), which was recently included in the Ramsar List of Wetlands of International Importance, an intergovernmental treaty on the conservation and sustainable use of natural resources.

By CHRIS V. PANGANIBAN, Regional Correspondent

SAN FRANCISCO, Agusan del Sur – Caraga region may have outperformed all regions in the country in terms of economic development in the last few years based on government

data, but its people still among the poorest, the social welfare department said in its report. The gains of the rosy economic picture projected by the National Statistical Coordination Board (NSCB) since 2010 seems to have not trickled down to the poorest of the poor in the region which still consists 50 percent of the population, the report released last week by the Department of Social Welfare and Development (DSWD) in Caraga showed. A NSCB study last year showed that the region,

Villar leads Manila Bay clean-upIN consonance with the forthcoming Earth Day celebration, Team PNoy senator ia l c a nd id ate Cynthia Villar yesterday led the clean-up drive at Manila Bay in the Las Pinas-Paranaque Critical Habitat & Eco-Tourism (LPPCHEA), which was recently included in the Ramsar List of Wetlands of International Importance, an intergovernmenta l treaty on the conservation and sustainable use of natural resources. “We have to care and

By URieL c. QUiLiNGUiNGContributing Editor

CAMPUS journalists from Northern Mindanao won 12 individual and group contest awards during the National Schools Press Conference at St. Peter’s College in Ormoc City on April 7-12, this year. R e g i o n a l c a m p u s journa l ism coordinator

Mala Epra Magnaong of the Department of Education 10 said that the NSPC winners were part of the 250-strong d e le g at ion of c a mpu s journalists, school paper advisers and school division education program

Economy pagE 2

Last filing of income

tax returns today

pagE 3 pagE 4 pagE 8pagE 6

Mazda cars not affected by recall

Boracay invasion for Belo Sunexperts

One town one product

GenSan’s newest hotel

By Ped Quiamjotthe tourism hi-way

traVersiNG

Page 2: BusinessDaily Mindanao (April 15, 2013 Issue)

TaxEs/PAGE 10

CONTraCT/PAGE 10 warNs/PAGE 10

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

2 MOnDAy APRIL 15, 2013economy

Advertising and EditorialE-mail : [email protected]

Contact nos. : 0917-7121424 • 0947-8935776

0917-7154399088-856-8562/63

amENiTiEs : ZORBIT * ATV * TREE TOP ADVENTURE BUGGY * BUNGEE

* PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM

ACCOMODATIONS

PAY YOUR TAXES. As the filing of income tax returns ends today, the government urges taxpayers to comply with their obligation as Filipino citizens.

BIR: Pay taxes correctly, on timeBy NORA L. MOLDE, Contributor

BUTUAN City -- The deadline for filing of 2012 Income Tax Return (ITR) is today, April 15, without extension, the head of the Bureau of Internal Revenue regional office here said. The Bureau of Internal Revenue (BIR) Revenue Reg ion No. 17 (R R17) regional director Norberto D. Vitug urged taxpayers to file their ITR and pay their correct taxes now to avoid rush and penalties. Vitug said that their district offices in Caraga region and other collection ba n k s , ba r a ngay s a nd establishments’ assistance centers were opened on

Saturday to accommodate taxpayers. He also said that banks today would be opened until 5 p.m. Assistance Centers will also be established in their district offices and other authorized collection banks. Based on the BIR database, professionals/self-employed taxpayers reaches 1.8 million, which according to him will contribute a lot to the

Be smart on online shopping, DTI warnsI L IG A N C i t y - - T h e Department of Trade and I ndu s t r y (D T I) u rge d shoppers who also do online shopping to be careful with their purchases. Although online shopping is not prohibited, but this might not be totally safe for the consumers. Unlike at shopping malls, addressing problems in online purchase may be more difficult, the DTI said. Produc t s bou g ht at shopping malls are st i l l easier to replace when found defective unlike in online shopping, that is why it is still risky even when it is under the Philippine Consumer Act. T he C on su mer Ac t protects consumers against deceptive sales practices. A deceptive sales act or practice is defined as an act on the part of the seller that induces a consumer to enter into a sales or lease transaction of any consumer product or service through concealment, false representation or fraudulent manipulation. What does concealment, fa lse representat ion, or fraudulent manipulation mean? The law cites several e x a mple s suc h a s t he following: A consumer product or service has the sponsorship,

approva l, per formance, characteristics, ingredients, accessories, uses, or benefits it does not have. A consumer product or service is of a particular standard, quality, grade, style or model when in fact it is not. A consumer product is new, original or unused, when in fact, it is in a deteriorated, a ltered , recond it ioned , reclaimed or second-hand state. A consumer product or service is available to the consumer for a reason that is different from the fact. A consumer product or service has been supplied in accordance with the previous representation when in fact it is not. A consumer product or service can be supplied in a quantity greater than the supplier intends. A service, or repair of a consumer product is needed when in fact it is not. A specific price advantage of a consumer product exists when in fact it does not. The sales act or practice involves or does not involve a warranty, a disclaimer of warranties, particular warranty terms or other rights, remedies or obligations if the indication is false.

Cotelco inks contract with AboitizPowerK I DA PAWA N C i t y - - T he C otabato E lec t r ic Cooperative (Cotelco) in P-Palma Area, which covers six towns in North Cotabato, has signed for an energy supply agreement with the Therma South, Inc., from the coal-fired power plant being constructed in Toril, Davao City, Friday. Under the contract, the Cotelco P-Palma Area will purchase 5MW of power from the 300-MW circulating-f luidized bed coal plant in Toril district. Fel i x Canja , genera l manager of Cotelco P-Palma

Area, and Rodolfo Cabiles, Jr. , boa rd president of Cotelco, led the ESA signing, which took place inside the main Cotelco headquarters in Matalam town, around 11 a.m., Friday. Benedict Salvador, area manager for Mindanao of the AboitizPower, witnessed the contract signing. The TSI is a wholly-owned subsidiary of the AboitizPower, considered the country’s largest in power generation and producer of renewable energy. The 5-MW of power f rom T SI ’s coa l pla nt

would be distributed to Cotelco P-Palma once the construction is completed in June 2015, according to Canja. The Cotelco-Main, which covers 11 towns and a city in North Cotabato, has earlier signed an ESA with the TSI in December 2012. Canja has expressed optimism the contract could respond to the worsening power situation in his service areas. The Cotelco P-Palma is the electric service provider to at least 30,000 power consumers in Pigcawayan,

Pikit, Aleosan, Libungan, Midsayap, and Alamada (P-Palma) towns. This April, the National Power Corporation has given Cotelco P-Palma a load to maintain of about 3.8MW. Their total power demand during peak hours is 10 to 11-MW, he said. “We’re short of 6 to 7MW, which translates to 8 to 9 hours of brownouts daily,” he said. Canja admitted having ‘carried’ all the ‘hurt’ and ‘criticisms’ from the power consumers as a result of long

Page 3: BusinessDaily Mindanao (April 15, 2013 Issue)

sEEk/PAGE 10

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3MOnDAy APRIL 15, 2013motoring

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776

While car companies are recalling their respective models affected by defects in the passenger seat airbags, Mazda cars in the Philippines are spared.

Mazda cars in PH not affected by latest recallBERJAYA Auto Philippines, the local distributor of Mazda vehicles, released an official statement saying that there are no Mazda car models in the Philippines affected by the recent global recall from Japanese car manufacturers.

added. The recently launched new Mazda 6 is not affected by this recall action, Berjaya said. For their part, Toyota Motor Philippines has yet to determine if locally sold Toyota cars are af fected by the latest reca l l and “sha l l prov ide releva nt information as soon as it becomes available.” Honda, on the other hand, wil l recal l a lmost 10,000 units of Honda Civic models 2001-2002 and 7,509 CRV in the Philippines due to faulty inf lation device of the front passenger airbag.

“ To t he best of ou r knowledge, there are no Ma z d a veh ic les i n t he Philippines that are affected by the global passenger seat airbag recall,” the statement said. O n A p r i l 11 , f o u r Japanese car companies — Honda, Mazda, Nissan and Toyota — recalled up to 2 .92 mil l ion vehicles wor ldw id e b e c au s e o f

possible problems w it h airbags. T he re c a l l a f fe c te d Mazda 6 built between 2002 and 2003. However, the Mazda 6, according to the Berjaya release, was first launched in the Philippines in the middle of 2004. The recall also affected Mazda RX-8, which was never introduced to the Philippines, the statement

…but Toyota has yet to determineTOYOTA Motor Philippines has yet to determine i f loca l ly sold Toyota cars are affected by the latest global recall announced by Japanese car manufacturers on April 11. “As of now, Toyota Motor Philippines is coordinating with Toyota’s regional office for information regarding the global recall,” said Roque Rommel T. Gutierrez, vice president at Toyota Motor Philippines Corp.

Last week, four Japanese car companies — Honda, Mazda, Nissan and Toyota — recalled up to 2.92 million vehicles worldwide because of possible problems with airbags. “ We h a v e y e t t o determine if this has an effect to vehicles sold in the Philippine market,” he said. “We shall provide relevant information as soon as it becomes available.” For Japanese car brand

M a z d a , B e r j ay a Au t o Ph i l ippi ne s , t he lo c a l d i s t r i bu t o r o f M a z d a vehicles, released an official statement saying that there are no Mazda car models in the Philippines affected by the recent recall. 9On the other hand, Honda will recall almost 10,000 units of Honda Civic models 2001-2002 and 7,509 CRV in the Philippines due to faulty inf lation device of the front passenger airbag.

Carmakers seek tax creditsA PLANNED automotive industry roadmap should include a tax rebate program, according to car firm Isuzu Philippines Corp. “Local manufacturers need fiscal and non-fiscal suppor t to be able to compete with importers of CBU (completely-built up) units,” said outgoing Isuzu Philippines President Ryoji Yamazaki during the formal introduction of the new Isuzu president last week. “We wou ld l i ke t he government to change the tax system so we can have excise tax rebates and to make it easier to get refunds because

it is difficult to coordinate with the Treasury,” he added. C u r r e n t l y , b o t h manufacturers and importers pay the same level of excise taxes. M r. Ya m a z a k i s a id incentives are important for expansion as production in the country is no longer compet it ive g iven how countries l ike Thai land provide incentives to car manufacturers. He said production costs in Thailand are around 14% cheaper. The automotive roadmap, which has been in t he works since 2011, promises

to provide fiscal and non-f isca l incent ives to the automotive industry and further develop the country’s vehicle manufacturing sector. The Trade department said on April 4 it was still coordinating with other government agencies with regard the roadmap but said it wanted to release the plan in the next few months. Officials of the Trade de pa r t ment cou ld not be reached for comment yesterday. The Board of Investments proposed t wo possible alternatives to amendments

Page 4: BusinessDaily Mindanao (April 15, 2013 Issue)

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

4 MOnDAy APRIL 15, 2013tourism

Advertising and EditorialE-mail : [email protected]

Contact nos. : 0917-7121424 • 0947-8935776

FIBECO Board of Directors’Accomplishment Report of 2012

THE Board of Directors of FIBECO, Inc. takes upon good governance yielding toward sustainability of electric service to each and every member consumer within the franchise area. In fulf il lment thereof, the Board is mindful of its inherent power to decide cooperative policies subject to the oversight review of the National Electrification Administration (NEA); thus, has set the directional perspective of the organization intertwined with the Board’s functional responsibilities. On policy directions, the board has achieved the following: (1) Adopting the e.ICPM ( Enhanced-Integrated Computerized Planning Model) of the Cooperative for the year 2012-2016 and approving the annual work plan for 2021; (2) Requesting NEA for technical assistant in the preparation for the organizational reconstructing in FIBECO, Inc.; (3)Creating the Plantilla positions of Asssistant General Manager, Assistant Area Manager, Executive Assistant and Executive Technical Assistant appropriating funds therefor and for other purposes; and (4) Adopting the retirement plan rules and regulations of Fibeco based on the scheme promulgated by NEA. Furthermore on the legal responsibility vis-a-vis power supply plan, the following are there achievements: (1) Authority to enter power Sales Agreement for the mini Hydro Power Plant projects of FIBECO; (2) Authority to sign the renewable Energy Service Contract entered into by FIBECO and the Department of Energy for the development of the Maramag and Muleta Mini Hydro Power Plants; (3) Authority to file with the energy Regulatory Commission on the Sale for Resale Agreement with BUSECO for the Available electric power of FIBECO computed as excess and appropriating funds for the purpose; (4) Authority to enter into an energy Power Purchase Agreement/Power Supply Agreement with Filinvest Development Corporation Utilities Inc. for the 15 MW power supply for and in behalf of FIBECO; (5) Approving the organization of Project Companies and to form a joint stock corporation therewith for the development and operation of mini hydro and Bio-energy power plant project s of FIBECO; (6) Authority to sign the application for registration with the securities and exchange Commission(SEC) on the project companies formed and organized by FIBECO; (7) Authority to enter into contract with USAID for the conduct of Biomass Resource Assessment in Mindanao to be undertaken by FIBECO ; (8) Acquisition of the 69 KV line in consortium with BUSECO; (9) Formation

of the BECO Foundation for the CSR of FIBECO and BUSECO; (10) Authorizing power supply agreement with king Energy Generation Inc. and Crystal Sugar Company , Inc.; and (11) Approving the buying out of PULANGI-IV hydro power plant with stakeholders. Also, on their internal control operations, it includes: (1) Approving the budget of 30th AGMA of FIBECO; (2) Adopting the 2011 Audited Financial Statement of FIBECO; (3) Granting cash incentive benefits to the officers and employees for garnering the best Achievement Awards from NEA; (4) Appropriating the needed amount for the development and operation of project companies of FIBECO subject to reimbursement from their respective investors; and (5) Increasing the budget for Renewable Energy investment from 3M to 10Mretroactive April 2012. FIBECO also provides employees and officers benefits to: (1) Granting the Anniversary Bonus to the Officers and Employees at P10, 000 each and P2, 000 each to Probat ionary, Outsourced and Security Guards and appropriating P2, 864,000 for the purpose; (2) Granting cash incentive benefits to the officers and employees in the amount of P 25,000 per officer/employee and P5, 000 per probationary, casual & outsourced employees for garnering the best Achievement Awards from NEA; (3) Approving the grant of benefits for December 2012 in the amount of Fourteen Million One hundred Thirty five thousand two hundred forty Six pesos ( P14,135,246) intended for the officers, employees, and other personnel of FIBECO and appropriating funds for the purpose; and (4) Submitting to NEA for approval the allowances due the FIBECO Board of Directors as proposed by the management and appropriating funds for the purpose. Aside from the employees, the consumers also acquired advantages: (1) Authorizing the release of funds for the 3rd MSEAC Congress; (2) Authorizing the release of funds for BAPA capability building and training; (3) Organization of FIBECO Barangay Member Consumer Electrification Committee; (4) Authorizing the release funds for the holding of forum on different barangays which are identified as SEP beneficiary prior to implementation; and (5) Authorizing the mobilization and the release of funds for the member Consumer Empowerment and Leadership Program (MCELP). Now, FIBECO abides to do more for this year for the common good.

By Allen V. Estabillo

GenSan’s biggest hotelnears completionBy Bong S. Sarmiento, Mindanews

GENERAL SANTOS CITY — A consortium of Chinese-Filipino businessman is eyeing to open a P250 million six-story, 111-room high-end hotel in this city within the year. Domingo Teng, a local tuna businessman, said that Greenleaf Hotel GenSan is now 85 percent complete. “This would be the biggest business hotel in the city that will cater to businessmen and high-end tourists,” he told reporters Wednesday. Teng said they expect to open the hotel “four months from now at the most” or in July that would charge its guests “reasonable rates.” Local and Manila-based investors decided to put up the hotel owing to positive growth indicators in the city, including the increase in incoming air passenger traffic by 14 percent from 2011 to 2012, he said. There are daily flights to Manila as well as alternating routes to the cities of Cebu and Iloilo served by Philippine

Airlines, Cebu Pacific and Air Philippine Express. T he c it y ’s economy continues to grow as shown by the entry of big shopping malls like Robinsons and SM Mall, and the continued local construction boom, Teng said. Greenleaf is located just across SM Mall along San Miguel Street at the heart of the city. Known as the “Tuna Capital of the Philippines,” this city hosts six of the country’s seven tuna canneries with their executives among the target clienteles of the hotel, he added. Teng sa id t he cit y ’s economy is also expected to grow further due to the high migration in the locality that is Region 12’s major economic hub. A l s o k n o w n a s

The nearly finished 6-story, 11-room high-end Greenleaf Hotel in GenSan.

Soccsksargen Region, it covers the provinces of South Cotabato, North Cotabato, Sultan Kudarat and Sarangani and the cities of General Santos, Koronadal, Tacurong. Kidapawan and Cotabato. Avelmar Manansala, city hall’s media affairs officer, said the city has around 1,200 rooms both by big hotels and small lodging houses. For really big conventions, the city is not yet fully capable in terms of accommodation

since the existing capacity is not enough, he said, adding they expect the number of rooms to reach 1,500 likely in two years. Manansa la sa id that Greenleaf invested at least P250 million that entitled it to enjoy local tax breaks for seven years.Greenleaf will be the second hotel to open this year after t he 66 -room Microtel , which opened last month. (MindaNews)

2 caves primed to be part of Region 12’s ecotourism circuit

GENERAL SANTOS CITY – The Department of Environment and Natural Resources (DENR) in Region 12 is pushing for the development of two unique caves in the region into prime ecotourism sites.

Ali Hajinasser, DENR-12’s Protected Areas and Wildlife Division head, said they are currently working on the establishment of a comprehensive management plan for the Kofnit Cave in Lake Sebu, South Cotabato and the Tenobak Cave in Lebak, Sultan Kudarat to allow their conversion into ecotourism areas. He said such move will also facilitate the inclusion of the two caves into the region’s ecotourism and development plan. “It is our mandate to protect our environment and conserve our natural resources, hence we must see to it that a management regime is in place before all ecotourism sites are opened to tourists, local and foreign alike,” he said in a statement. Kofnit Cave, which is one of the mountain caves found in Lake Sebu town, is located in Sitio Lembila of Barangay Lamfugon. Kofnit is local term for bats, which have thrived for years at the cave. Tenobak Cave is located in Barangay Keytodak in the coastal town of Lebak and reportedly boasts of a subterranean or underground river similar to the one found in Puerto Princesa in Palawan. Thelma Arcallo, Lake Sebu tourism officer, said they expect an increase in economic activities in the area once Kofnit Cave is opened to tourists. Citing details of their ecotourism plan, she said they have initially adopted the community-based ecotourism model for the area.“Both the environment and cultural heritage are preserved while the benefits are shared by the people in the area,” she said. Ronilo Gonzaga, Barangay Keytodac chair, believes the Tenobak Cave could eventually become a top tourist attraction for their area.He said the cave’s underground river “drops several feet below into what is called as Tenobak Falls, which is actually a series of seven water falls.” “This eco-tourism destination can be packaged to include a bird-watching site ideal for nature lovers, together with the cultural heritage of the Dulangan Manobo tribe,” Gonzaga said. Region 12, which is also known as the Soccsksargen Region, has around 60 explored caves, four of which had been assessed and classified for protection by the DENR.Region 12 comprises the provinces of South Cotabato, Sultan Kudarat, Sarangani, North Cotabato and the cities of General Santos, Koronadal, Tacurong, Kidapawan and Cotabato. Among the region’s famous caves were the protected Lagbasan Cave in Senator Ninoy Aquino town in Sultan Kudarat and the caves of Barangay Pinol in Maitum, Sarangani. The Pinol caves, where nearly 2 ,000-year old anthropomorphic burial jars were excavated several years ago, had been declared as “important cultural property” under Presidential Decree 374 (Amending certain sections of RA 4846, otherwise known as the “Cultural Properties Preservation and Protection Act). Lagbasan Cave is frequented by local and international cave enthusiasts due to its majestic stalactites, stalagmites, helictites, and unique rock formations.Ancient burial jars made from limestone had also been discovered in the cave. (MindaNews)

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BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

Member:

Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber)

Tongue tamersSome big powerful horses can weigh up to 2,000 pounds.

Yet if you put a bridle and bit in its mouth, a little 90-pound girl, who knows what she’s doing, can make that big horse do whatever she wants! But you know what’s even smaller than a bridle and bit, weighs only 2 ounces, yet can cause divorces and even wars between nations? Our tiny tongue. Terrible wars have been fought, killing millions of people, all because of the evil, destructive power of our tongue and words! Gossip is probably the number one killer of relationships, even people’s jobs and careers. Someone spreads untrue, bad stories about another person, so they don’t get their job promotion. And longtime friends suddenly become enemies! All because one person could not control his or her tongue! So your and my tongue has the power to ruin not just our life, but other people’s lives also. In fact, most of our life’s problems and pain start with our tongue - our dishonest or hurtful words, cutting people down so they don’t look better than we do! But just think…if every one of us would use our tongue only to encourage and say positive things that make the other person look good instead of bad! If you and I would choose to always speak the truth, can you imagine

how different life would be? Everybody would actually trust each other instead of being afraid that they’re only nice to your face. Because the minute you turn your back, watch out! Some say the real test of a person’s relationship with God is not how clever and well he or she can speak, but rather how well our heart can control our tongue no matter what someone did to wrong or hurt us. So right now, won’t you ask Jesus to forgive you for all the hurtful, destructive words you’ve said with your tongue? Jesus said that’s the only way you and I won’t suffer because of all our wrong and hurtful words. So why not ask Jesus to take charge and start changing your heart and way of talking? He’s the One Who can give you the love and willpower you need to tame your tongue. Then you’ll start speaking only honest, loving words to bless others. Just Think a Minute…

By Jhan Tiafau Hursta miNute

thiNK

A fair warning towayward bankers

A former president of a closed rural bank learned this well-known legal adage the hard way after the Supreme

Court declared his earlier conviction for estafa through falsification “final and executory.” Hilario P. Soriano, former Chairman/President of the closed Rural Bank of San Miguel (Bulacan), had been convicted of estafa through falsification— in a case filed by his own brother Antonio—before the Manila Regional Trial Court. Instead of applying for probation, Soriano appealed his conviction before the CA, which affirmed the conviction. When said conviction was appealed before the Supreme Court, the conviction was again reaffirmed. The SC decision became final and executory on September 17, 2012. Soriano is now imprisoned at the New Bilibid Prisons in Muntinlupa City, where he is serving a term of four months to four years. He was also ordered to pay a fine of P5,000. But his woes won’t end there. Soriano is actual ly facing a slew of estafa cases filed by the Bangko Sentral ng Pilipinas. The criminal cases stemmed from his “fraudulent misappropriation” of the proceeds of the Rural Bank of San Miguel’s emergency loans from the BSP—prior to the bank’s declaration of a bank holiday. Investigation conducted by the BSP’s Office of Special Investigation, headed by Atty. Gene Penaco, revealed that part of the emergency loan proceeds eventually ended up in Soriano’s Valle Verde residence. In a decision dated April 3, 2007, the Malolos Regional Trial Court Branch 11 convicted Soriano on all four counts of estafa filed by the BSP.

He was sentenced to suffer imprisonment of 10 to 14 years for each count, and to pay the BSP and co-complainant Philippine Deposit Insurance Corporation an approximate amount of P33.6 million. The following year, another Malolos RTC branch convicted Soriano of one count of estafa. The Malolos RTC Branch 15 sentenced the former rural bank president to imprisonment of 10 to 12 years. He was also ordered to pay the BSP the amount of P360,000. Soriano then appealed both convictions before the Court of Appeals (CA). However the appellate court affirmed both convictions. The CA also modif ied the judgment of the earlier conviction: Soriano was sentenced to suffer imprisonment of four to 20 years -- instead of 10 to 14 years -- for each count. Soriano has elevated both convictions before the Supreme Court, which has yet to resolve both appeals. In the meantime, the BSP had filed six more criminal cases of the same nature against Soriano. The estafa cases, filed in 2000, are now pending before the RTC-Malolos Branches 17 and 83. This should serve as fair warning to wayward bank officers who violate their f iduciary responsibility that requires high standards of integrity and performance.

By Ignacio Bunyeout

sPeaKiNG

ALLAN MEDIANTEManaging editor

regionaL editorCRIS PANGANIbAN

Conjunctivitis, commonly known as pink eyes or sore

eyes, is one common ailment during the summer months. It is one thing to be hearing or seeing others affected with it, and to be personally affected with conjunctivitis. As kids, I know that we must have had it at least once in our lifetime. It is of course no respecter of age, sex, status in life. It is highly contagious and as such, even among family members, it can spread easily. One or both eyes will present with redness why then, pink eyes?), and that itchy, gritty feeling (sometimes it is described as sandy). There may be tearing and sensitivity to bright light, and the discharge that forms vary from watery to thicker with a yellowish green color (depending on the causative agent). It is likewise notable that, due to the eye discharge that is formed, a crust develops during the night that makes it kind of difficult to open one’s eyes upon waking up in the morning. Although allergies and chemical accidental spraying into the eyes can cause redness , with nearly similar signs and symptoms as described above, the most common cause of conjunctivitis can either be viral or bacterial. Usually, if it is the former, it will run its natural cause and resolve on its own, but, the later, will need antibiotic eye drops. It is not uncommon to start as a viral conjunctivitis with a secondary bacterial infection. Personal hygiene with frequent and correct hand washing technique is a must in order to prevent the spread of the disease. Before applying a cold or warm compress on the eyes (which can help alleviate the itchiness and gritty feeling), or eye drops, the hands should be clean. Use clean towels or cloths and yes, do not share them even with your child or spouse! Changing the pillow cases often, avoidance of swimming in the pool, and simply staying at home in the first 3 days

One of the unexplored small enterprises that have not been given importance in Mindanao is the footwear

industry for the need of more than 25 million Mindanaons and to the other 67million Filipinos. Many of the shoes and foot wear that are displayed and sold in the malls or the local stalls are imported brand coming from the Peoples Republic of China. Others are under foreign manufacturing licenses which are either made in Vietnam or Malaysia. The same with the second hand shoes peddled by hawkers at the “ukay-ukay” stores are Hongkong if not Korean made. How did this disparity of free trade and importation manage to slip in our country viz a viz to our exports? Why were the importations of used and second hand shoes allowed by the Bureau of Customs? This could be the primary reason why the Philippine shoe products from the 20 or more Marikina manufacturers are losing its competitiveness against the imported foot wears f looding the local market? The provinces of Masbate and Bukidnon have abundant source of raw hide leather coming from the cattle industries of these regions. High quality material can also be produced from the skins of crocodiles cultured in the Farms of Puerto Princesa and the Crocodile Farm of Davao City. Various livestock industries in the Philippines have the capacity for the raw hide materials. Goat skins can be made into fine leather but we like to cook and eat them instead as “Papaitan”. We have many local designers that have earned accolades in the fashion scenes abroad yet Philippine shoe products are unheard in the international fashion scene.

More about one town one product During the early 80’s when the former First Lady Imelda Marcos used to order dozens of shoes from the local Marikina producers to be worn for her countless trips abroad. She was widely criticized for her extravagance and branded as “Imeldefic”. Few took credits that she was advertising and promoting Philippine made foot wears abroad. Nobody took notice that when the Philippine Trade Center was opened in New York located at the famous World Trade Center building many Philippine shoe products were prominently leveled and displayed. The Philippine Trade exhibits has long ceased and closed before the World Trade Center was bombed and destroyed in the famous 911 incident. The footwear industry is one of the most important economic activities next to food and clothing. People moved and travel with all types of shoes and footwear’s in their lifetime. Man can survive not to have a luxury vehicle or an Armani suite but he may not do without shoes. We provide our children a minimum of three types of foot wears a year for their safety and comfort. The same with the pragmatic thinking of an average Filipino to own the basic 3 foot wears, of a slipper, a leather shoes and an athletic shoes to as far as our indigenous brothers who lives in the mountains of Compostela Valley and the Igorots of Banue.

Pink eyesfor summer, anyone?

iN FocusheaLth

By Dr. Mary Jean Loreche

Page 7: BusinessDaily Mindanao (April 15, 2013 Issue)

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

7MOnDAy APRIL 15, 2013

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Quiamjot...from page 6

Loreche...from page 6

of the disease, are very simple ways of preventing spread. It is one’s civic duty to contain the illness and not affect others! S ore or p i n k e ye s , though a benign i l lness, and treatable at home, may need consultation with our friendly eye specialists. When there is moderate to severe pain in the eyes, or, when the vision is affected like blurring or extreme sensitivity to light, or when the redness and discharges appear to be more than what you see or have, then, it is time to go visit your DR. If one were immune-compromised, like when one has the Big C, or is Diabetic, or affected with HIV AIDS, it is better to play safe by seeking medical consultation, when one gets the pink eye. The basics of prevention and spread of even the very simple and uncomplicated

W h i l e t r a v e l l i n g around the major cities of Mindanao, it came to the reality of our economics that we have not been able to produce a single shoe manufacturing plant in our region to deliver the 75 million pairs of footwear worn by more t ha n 25 million Mindanaoans. It is a dismal fa i lure t hat t he one tow n one product encouraged by the government is not working in the shoe manufacturing sector in our country. Do we lack investors to explore its development? O r t h e B o a r d o f Investments has forgotten to promote or encourage

shoe ma nu fac tur ing in Mindanao, a reason many prefer instead to wear the imported shoes associated with the tongue twisting foreign brands? With the BOI mandate to promote bilateral trade pacts with the free economic e nt e r pr i s e wor ld w id e , expanding the one town one product in Mindanao may need the BOI endorsement for the possibility of a shoe brand to be manufactured at the Phividec industrial estate in Misamis Oriental Many Economic Zones i n t h i s c o u nt r y w e r e created a nd f u nded by the government to pump prime the manufacturing sector. Business locators were granted tax incentives to reduce the cost of doing business and be competitive in the export market. Filipino entrepreneurs as it appears are on the top list for lending support by government banking institutions to raise capital.

pin k eyes , enta i l ha nd washing, which is easy to do. And yet, it is a neglected procedure, that, oftentimes become the culprit for the spread of the disease.

READ!

www.businessweekmindanao.com

READ!

www.businessweekmindanao.com

Page 8: BusinessDaily Mindanao (April 15, 2013 Issue)

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

8 MOnDAy APRIL 15, 2013lifestyle

Advertising and EditorialE-mail : [email protected]

Contact nos. : 0917-7121424 • 0947-8935776

The scorching heat of the last couple of weeks

announced the arrival of summer. Bikinis are coming out and beaches are filling up—but of course, everyone’s favorite season would not be complete without a dose of complete sun

protection. Celebrities Anne Curtis and Derek Ramsay were spotted in Boracay at the tail-end of March catching the early heat wave with Belo’s latest innovation: the Belo SunExpert Transparent Mist SPF50, which sprays in hard to reach areas.

Since mid-March, Belo SunExpert’s paraws have been cruising along the Boracay coast, reminding beach-goers to protect their skin while having fun. Anne and Derek intensify the fun by confidently sailing on the paraws and exposing themselves

Anne Curtis, Derek Ramsay invade Boracay for Belo Sunexperts

belo Sun Expert Models

to the sun because they know their skin is protected. They led 16 Belo SunExpert’s paraws filled with models into the shores of Boracay, as if they were going to invade the island and spread the good news of staying protected with the new Belo SunExpert Transparent Mist: an SPF-50 spray-on sunblock that offers the most protection with the least sticky discomfort. Anne held a mini concert in Boracay wearing a bikini while Derek excites his fans by throwing pick-up lines and knock-knock jokes as part of the games he facilitated. The two celebrities joined Cristalle Belo Henares in giving sun care tips and warning the beach-goers about the how UV rays are harmful to our skin.

Cristalle reiterates the importance of taking care of one’s skin, “It’s the biggest organ in your body and it’s the only one you’ve got so you better take good care of it. The UV rays of the sun is damaging and can not only burn and speed up your ageing process, it can also lead to skin cancer.” “It’s the perfect companion this summer, whether you’re going on a string of beach trips or enduring a long commute under the tropical sun,” said Anne. “Taking care of your skin is one of the most important things to remember especially with the harsh sun we experience nowadays.” Derek, for his part, shared why Belo SunExpert is better than other products

available in the market, especially for a guy like him who’s always on the go and can easily forget to spare a few minutes to protect his skin. “Unlike other sunblocks, the SunExpert is very easy to use. It’s not sticky or harsh, and the spray allows quick, hassle-free application even on hard-to-reach areas that get exposed to the sun.” Fifteen lucky beach-goers were given the exciting opportunity to meet both Anne and Derek during their stay, while scores of others received free Belo SunExpert samples and beach mats, umbrellas and beach bags. Belo SunExpert products are available in all leading drugstores and supermarkets nationwide.

Anne Curtis & Cristalle belo Cristalle belo and Derek Ramsay in Paraw

The Kagayhaan Canine Club (KCC), led by President and Chairman of the Board Edgardo Palad, in their regular Sunday dog walk last April 7, 2013 at the Centrio Ayala Mall. (from Left) Fra-and & Dr. Lyra Quimpo, Christine Tura, Dr. Viel Jose, Dr. Sheila Tan, Ces Cabusas, Alvin Yee (club vice-president), Aileen Lumacad, Alma Constantino, Dr. Grace Casiño, Dr. Germar Casiño, Roger Tayanes, Kenneth Tan (vice-chairman of the board), Reagan Salvaleon, and Ray Mediano. Centrio Ayala Mall is the first mall in our city that is now dog friendly.

Photo courtesy of RYAN LUMACAD

The Kagayhaan Canine Club (KCC) members with their dogs having fun at the

Centrio Garden, Centrio Ayala Mall, Cagayan de Oro City.

Page 9: BusinessDaily Mindanao (April 15, 2013 Issue)

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on February 2013

AUCTION DATE: APRIL 18, 2013Estrada Bldg., Fortich-Don Carlos Sts.,

Malaybalay City, Bukidnon

Contact no.: 309-5276HERMILINO VILLALON

CAGAYAN DE ORO MAIN bRANChP & J Lim Bldg., Tiano Brothers – Kalambagohan Sts.,

Tel. # (08822) 727-829 * Telefax # (088) 856-1947CAMIGUIN bRANCh B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491CORRALES 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 CityTel. # (088) 231-6739a

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

9MOnDAy APRIL 15, 2013classifieDaDs

Pryce Plaza HotelCarmen Hill, CDo,

Tel. No.722791 to93/858-4537E-mail:[email protected]

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Velez cor. Luna Sts, CDoTel Nos. 856-4320, 856-2050, 726937

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& BreaKFaStcm recto avenue, cagayan de oro citytel. #: 856-81-89 / 309-3095 / 231-2103email ad : [email protected]

Room @ P800.00

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Velez-macahambus Sts, CDoTel Nos. 8571776, 721776

email : [email protected]

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776

AMJJ HOG BUYERANDSUPER JJ EXPRESS

MANAGED BY :

Hilda Enday Abellanosa & Abraham G. AbellanosaHome Address: Bagor Kadingilan, Bukidnon

Home Address: CDO Barangay 17 Corner Burgos Abellanosa St.WE ACCEPT ORDERS: LECHON, HALANG-HALANG or SAMPAINA

Contact: 09353742908 / 09265949729

Page 10: BusinessDaily Mindanao (April 15, 2013 Issue)

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

10 MOnDAy APRIL 15, 2013

Advertising and EditorialE-mail : [email protected]

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BRAHMSCHOPIn

COWARDDEBUSSyDELIBESELGARFOSS

CIRCLE A WORDARnEBACHBARTBERIO

BERLOIzBIzET

BORODIn

COMPOSER POSERFOSTERFRAnCk

GERSHWInHAyDnHOLSTIVESkERn

CROSSWORD puzzle

Today’s HOROSCOPEAQUARIUS (January 20 – February 18) - There can be a few unexpected occurrences in your agenda this week. You aren’t opposed to spontaneity, but do like to have some sort of idea of what you’re doing. This week you may not have as much time as you’d like to concoct a strategy, but you are highly adaptable and can go with the flow.

PISCES (February 19 – March 20) - Those who like to blend in with the crowd aren’t usually dubbed the movers and shakers. If you want to experience a heightened level of success you’ll have to put in a heightened amount of effort. You don’t necessarily have to be extravagant to get noticed by the decision makers, but a little off the beaten path will do the trick.

ARIES (March 21- April 19) - You will need to summon all the self discipline you can muster in order to stay on top of your to-do list. Distractions will be plentiful and you’ll need to prioritize your activities in order to complete them all. Decide what matters can wait and reschedule them for a later date.

TAURUS (April 20 – May 20) - Goddess of love and your ruling planet Venus moves into your sign today making a romantic connection likely. If you are single now is the time to put on your best first impression and head out the door. If you are already loved up with your perfect partner you can use this energy to strengthen and deepen your bond.

LIbRA (September 23 – October 22) - You are in your glory when a friend asks for advice, but be careful you don’t get too excited and speak too bluntly. Most people take advice much more readily when it is presented more as a suggestion than a direct order. Kindly hint at what you would do or like to see them do and you won’t offend or insult anyone.

SCORPIO (October 23 – November 21) -Don’t be fooled by someone’s charismatic approach. If you aren’t sure about their intentions keep a close eye on them until you get more information. Take command of your responsibilities and ensure no one has a hand in your affairs. Focus on the quality of your work and don’t allow anyone to undermine your work ethic.

SAGITTARIUS (November 22 – December 21) - In order to get the most out of life and maximize your productivity maintaining your health is essential. Included in that is getting proper rest and making smart eating choices. The better your health is the more strength, energy and stamina you have to progress and reach all your goals.

CAPRICORN (December 22 – January 19) - As much as you like control this week may unsettle you as it appears as though changes will occur. When you cannot command circumstances the next best thing to do is choose your reaction carefully. If you react emotionally you could push someone out of their comfort zone and possibly say things you don’t mean. Keep calm and see what effects the changes bring.

GEMINI (May 21 – June 21) - A sticky situation with a friend may work your nerves now, but will soon pass. Don’t focus your energy on the negative; instead focus on anything you can do to fix the situation. If time is the only remedy divert your attention to managing other matters and don’t lend any more energy to the problem. Soon this dilemma will be a distant memory.

CANCER (June 22 – July 22) - As you contemplate a major decision don’t forget to ponder the effects your choice will have on those around you. If you don’t include those you love in your decision making process you could cause trouble. You may need to give a little, but don’t feel you are forced to do what you don’t want to in order to please someone else.

LEO (July 23 – August 22) - Work is number one for you right now, but be prepared to spend a little time helping someone else. It seems as though those you love only need your help when you are at your busiest. You may be tempted to turn them away, but you know they wouldn’t ask if they really didn’t need your assistance.

VIRGO (August 23 – September 22) - Your personal and professional lives are buzzing with activity right now. A time management strategy or task schedule can be of great use to you through this hectic time. Allot a specific amount of time to each activity and stick to that time frame. Use your energy for action and avoid stressing over what you can’t control.

7.Gnawing animal (6)13.Wisecrack (4)14.Help (4)16.Harden (3)17.Legendary giant (4)18.Dusting power (4)20.zodiac sign (3)22.Lustful cruelty (6)23.Allure (6)25.Make certain (6)26.Untrained recruit (6)27.Barry Manilow hit, Together (6)29.Rule (5)30.Small cage (5)

ACROSS

1.Storehouse (5)5.Scottish pole (5)8.Tree (3)9.Money prize (5)10.Middle-eastern currency (5)11.Ball-mount (3)12.Identical (5)15.Chaperon (6)19.Waistband (4)21.Islamic name (3)22.Leading performer (4)24.Fuel (6)28.Freshwater fish (5)31.Dunk (3)32.Disdain (5)33.Proclamation (5)34.Vehicle (3)35.juicy Gourd (5)36.Sad poem (5)

Answers for last Friday(April 12, 2013)

ACROSS: 1.Apology, 7.Haste, 8.Warning, 9.Beggar, 11.Tipsy, 13.Bach, 14.Aviator, 1 5 . L i o n , 16 .Ta m m y, 17. P e t e r s , 21.Seconds, 22.Curly, 23.Protest

DOWN: 2.Plagiarise, 3.L inesman, 4.Gunn, 5.Bake, 6.Stag, 9.Bluto, 10.Archimedes, 12.Girls, 13.Break-out, 18.Thud, 19.Rill, 20.Peer

DOWN

1.Waste time (6)2.Informal meal (6)3.Fright (6)4.Adequate (5)5.Greek island (5)6.Insect (6)

Seek...from page 3

Priorities Plan as a pioneer program. Easier registration of locally-made cars is also being pushed. I s u z u s a i d t h e government can also help c a r m a nu f a c t u re r s by l imit ing the number of imported vehicles coming into the country. “In Peru the government a l lowed l i m it at ions i n the importation of used trucks and this changed the market,” said incoming Isuzu Philippines President Nobou Izumina. I s u z u P h i l i p p i n e s m a nu f a c t u r e s 9 0 % o f veh ic les it se l l s i n t he cou nt r y except for t he Alterra, which it imports from Thailand. M r . I z u m i n a w i l l formally take over from M r. Ya ma z a k i on May 3. Mr. Yamazaki wil l be heading back to Japan to be managing director of Isuzu Car Life. Mr. Izumina formerly headed Genera l Motors Isuzu Camiones Andinos in Colombia.

Taxes...from page 2

Warns...from page 2

Contract...from page 2

The seller or supplier has a sponsorship, approval, or affiliation he does not have. R u e l B . P a c l i p a n , provincial director, DTI Iligan City/Lanao del Norte Provincial Office, said that it is government policy to promote and encourage

collection of taxes. He further said that paying taxes would benefit us all. Meanwhi le, BIR a lso partners with Globe Telecom in the collection of taxes. Taxpayers with not exceeding ten thousand pesos tax can pay and remit through Globe GCash. T his yea r ’s BIR ta x campaign theme is “I Love the Philippines, I Pay Taxes Correctly.”

brownouts the cooperative has been experiencing since February. “This is not, of course, our fault. We are just buying power from the source. Since there is no enough supply of power, we were given only part of the electricity being generated,” said Canja. The co-op is hopeful the energy crisis would be reduced once AboitizPower and other power players completed the construction of their power plants in 2014 or 2015. (PNA)

to the excise tax law. These are the phase-out of vehicles 10 years and older to pave the way for newer models and the inclusion of the manufacture of fuel efficient vehicles in the Investment

fair, honest, and equitable relations among parties - the seller and the buyer - in consumer transactions. Retailers are encouraged to promote transparency to consumers among their ranks. Al l information a b o u t a p r o d u c t o r service, especially those that concern pricing and quality, should be disclosed to the consumer.

READ!www.businessweekmindanao.com

Page 11: BusinessDaily Mindanao (April 15, 2013 Issue)

BusinessDailyC R E D I B L E R E L I A B L E I N - D E P T H

11MOnDAy APRIL 15, 2013

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776

Caraga...from page 1

Campus...from page 1

Villar...from page 1

could have improved and the poverty incidence will lower down from 50 percent,” Rosales said. According to the report, Agusan del Sur has the highest figures with 65,473 poor households or 28 percent of the total in the region. This is followed by Surigao del Sur with 59,179 or 25 percent, Agusan del Norte with 49,437 or 21 percent, Surigao del Noret with 45,343 or 19 percent and Dinagat with the least at 12,869 or 5 percent. Agusan del Sur a lso topped the list with poor children, followed by Surigao del Sur, Agusan del Norte, Sur igao del Nor te a nd Dinagat Islands. N o t a b l y, t h e r e a r e about 9,497 children who are engaged in child labor working as labourers in the farm, forestry, fishing and services in the shops and public markets. The NSCB report however indicated that Caraga’s impressive grow t h was fuelled by the 9.7 percent expansion of its service sector and the rebound of its agriculture, hunting, forestry and fishing sector to a growth of 3.4 percent in 2011 from a decline of 9.6 percent in 2010. Caraga has recorded the highest increase of Gross Regional Domestic Product at 8.1 percent which goers along with 14 of the 17 regions which improved their per capita GRDP, the NSCB report said.

specialists. Magnaong said that the nine winners in individual contest categories under the secondary level are (1) Trishia Lopina of Camiguin’s Yumbing National High School (YNHS), second-place in sports writing in Filipino; (2) Mark Francis Basan II of La Salle Academy, Iligan, second-place in news writing in English; (3) Eric Edulan, a lso of Y NHS, Camiguin, third-place in sports writing in English; (4) Eunice Baliong of Camiguin Polytechnic State College, Camiguin, f if th place in feature writing in English; (5) John Christian Sacote, also of YNHS, Camiguin, fifth place in photojournalism in English; (6) Amani Ali of Iligan Medical Center, Iligan, sixth place in feature writing in Filipino; and (7) Zenith Hallazgo of Bukidnon Nat iona l Hig h School , Malaybalay, seventh place in feature writing Filipino. In the elementary level, the winners are Leonil Jay Llagas of Va lencia City Central School, Valencia, third place in news writing in Filipino and Via Anding of Upper Usogan Elementary School, Misamis Occidental, fourth place in sports writing in English. Meanwhile, secondary level radio broadcasting teams of Ozamiz City National High School (Filipino) and

protect our environment. We have to repay Mother Earth for providing us all the necessary materials we need to survive,” stressed Villar. Villar said, the clean-up activity at Manila Bay which started at 7 am, is their simple way of saying “thank you,” and demonstrating their love to Mother Earth. However, she stressed that “caring and loving” our environment should not only be done during the Earth Day celebration. “Everyday of our lives, we should all strive to protect Mother Earth,” said Villar who has earned the moniker “Misis HanepBuhay” for giving jobs to Filipinos. Vi l lar was joined by students and volunteers from various sectors in last Friday’s clean-up activity, which was followed by a tour along the stretch of LPPCHEA aboard a banca around 7:30 am. The activity ended with a boodle fight, also led by Villar. The three-term Las Pinas congresswoman said she feels happy with the improvement at the LPPCHEA since there are lesser garbage being collected. “We can attribute this to our consistent clean-up efforts,” said Villar. The Villar Foundation, where she sits as Managing Director, together with students and other volunteers, also conduct weekly cleanups. “The more partners we work with, the better it will be for the environment,” she said. The Villar Foundation had earlier inked a Memorandum of Agreement (MoA) with M a n i l a B r o a d c a s t i n g Company (MBC) represented by radio station DZRH in its Manila Bay Cleanup drive. “The Villar Foundation and DZRH agree that this is not only a joint cooperative under ta k ing , but more importantly, it is a major public service activity that would help contribute to the promotion of a livable, healthier and ecological sustainable Manila Bay,” read the MoA. Vi l lar noted there is more reason to protect the 175 -hec t a re LPPCH E A

once dubbed as the poorest in the country, has posted 9.6 percent growth of gross domestic product in 2011 from 7.4 percent in 2010, considered as the fastest among 17 regions. But a recent survey by the DSWD regional office here to profile the number of poor people revealed that 1.2 million of the region’s e s t i m ate d 2 .4 m i l l ion population are still living under the poverty threshold. Some residents however said they have not felt the impact of the economic development in the region since they are still toiling from impoverished condition. Bonnie A revado, a mother of three children and a beneficiary of DSWD’s anti-poverty thrust Pantawid Pamilyang Pilipino Program (4Ps) in San Francisco, Agusan del Sur, said her family had not experienced any relief from economic hardships since two years ago. “We st i l l receive low salaries yet the prices of food and other commodities remain high,” Arevado, who works as part-time radio announcer of loca l FM station, said adding that the P1,300 monthly benefits from 4Ps somehow helped to buy some vitamins for their small children but not enough to send her eldest son to college. Rendy Gorgonio, owner of Technopix Agusan print shop, said the economy may have improved as whole in the region but smal l entrepreneurs like him never felt the fruits of its gains. “Maybe in the entire region there has been development but individually nothing still happens,” he said. “What development are you ta lk ing about when there have been recurring brownouts? The prices of goods are still high. It could be that only the mining companies have become rich,” said Modesto Villasanta, Jr, bishop of United Church of Christ in the Philippines for Southeast Mindanao area which covers Caraga. Villasanta believed only the mining industry and the local officials who have benef it ted from it have become better off but the ordinar y residents st i l l wal low in impoverished condition. The DSWD study showed that 232, 301 of the 405,310 households are poor of which the average size for each household is five. In the same study, half or 648,987 of the poor consist of children. Dante Rosa les , foca l person National Household Targetting System at DSWD Caraga, however explained they still have to come up with another results of a special assessment since the figures are still based in their 2009 validation while the region is still listed as one of the poorest in the country. “Hopefully, the situation

Liceo de Cagayan University in Cagayan de Oro (English) also receive recognitions as second and third Best in Technical Application, respectively. Also, the anchor of radio broadcasting team (Filipino) of Ozamiz City SPED Center was a l so adjudged as Best Anchor. Magnaong said that at the NSPC only top seven in individual and group conte s t c ate gor ie s a re proclaimed winners. This year’s competitions among campus journalists in public and private elementary and secondary schools from the country’s 17 regions revolve from the theme, “Campus Journalists: Championing Ethics in Social Media. ”

area after it was listed in Ramsar a long with the world-renowned Tubbataha Reefs National Marine Park and the Puerto Princesa Subterranean River National Park (Underground River), both found in the Philippines. “Ramsar has recognized L P P C H E A ’ s g l o b a l importance to biodiversity and the need to give it special protection from various threats,” said Villar, adding that LPPCHEA is the so-called ‘last bastion’ in Metro Manila. Based on Proclamation No. 1412, LPPCHEA is a critical habitat because of its global importance to biod iversit y. It i s a habitat for the survival of threatened, restricted-range and congregatory species. But despite being a critical habitat, Vil lar lamented it faces threats of being reclaimed. In opposing the planned reclamation, Villar, a strong environmental advocate, noted that taking care of our environment will save us from disasters and calamities. She maintains calamities would further burden the already poor Filipinos who are facing various problems due to difficult times. Disasters like f looding, Villar said, can make one poorer if his properties are destroyed. To avoid worst scenarios, Villar, who has earned the moni ker “Misis Ha nep Buhay” for giving jobs to Filipinos, underscored the

need to clean our rivers, our creeks and other bodies of water especially Manila Bay. “We can simply help protect the environment by not throwing our garbage into the sea, rivers, and creeks . I f we resor t to indiscriminate throwing of garbage, these wastes will return to us during f loods,” warned Villar.

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DILG 10 reaches outto stakeholders on BUB

By CHENG ORDONEZ, NewsCon Director

As a result, projects worth P708 million have been lined up for imple-mentation this year and P1.1 billion worth of pro-jects have been approved for 2014 for Region 10 under the BUB program, which the DILG chairs.

Of the P708 million, P64 million will come from the DILG while P205 million of the P1.1 billion will be shouldered by the DILG next year.

This was revealed by Lawyer Rene Burdeos, re-gional director of the DILG 10, who was the main guest of the BusinessWeek Mindanao NEWSCON, yesterday, April 12, 2013, , at the BWM Media Center.

Atty. Burdeos said that he himself attended, along

with the technical field personnel of the DILG 10, the orientation-workshops on BUB and planning pro-cess in the different mu-nicipalities in the region, and have been disseminat-ing the information from the local government units down to the grassroots lev-el through the CSOs.

Director Burdeos said the budget for BUB pro-jects vary -- P15 million for municipalities, P25 million for small cities, and P50 million for big or highly-urbanized cities.

Atty. Burdeos said that for a town or city to quali-fy, it must have the “Seal of Good Housekeeping.”

For this year, majority of the projects to be un-dertaken under the BUB

THE Department of the Interior and Local Gov-ernment (DILG) has gone full blast in the im-plementation of Bottom-Up Budgeting (BUB) program of the government by conducting ori-entations to 10 members for every civil society organizations (CSOs) in the municipalities in the entire Northern Mindanao.

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are those under the Sagana at Ligtas na Tubig Para Sa Lahat project for waterless barangays also known as SALIN TUBIG project, he said.

Atty. Buredeos said he will try to negotiate solar

energy projects for consid-eration in next year’s BUB.

BUB is also considered as an approach that will be used by concerned agen-cies for implementation of FY 2014 budget prepara-tion, taking into consid-

eration the development needs of poor cities and municipalities as identi-fied in their respective local poverty reduction action plans.

The program is in line with President Benigno Aquino’s “Social Contract with the Filipino People,” calling for transparent, ac-countable and participatory governance, among others, and was created under Ex-ecutive Order No. 43, series of 2011 by the Human De-velopment and Poverty Re-duction Cluster (HDPRC), the Good Governance and Anti-Corruption Cluster (GGAC) and the Economic Development Cluster, to-gether with the DILG, De-partment of Budget and Management (DBM), De-partment of Social Welfare and Development (DSWD)

and the National Anti-Pov-erty Commission (NAPC).

The DILG has been giv-en the responsibility to im-plement the BUB Program, being the chair of the Re-gional Poverty Reduction Action Team (RPRAT). Thus, there is a need to mobilize its field officers in order for the Department to successfully implement the BUB process and to ef-fectively monitor the im-plementation of the BUB projects.

Working together with DILG are the other mem-bers of the RPRAT: DBM as vice-chair, DSWD, Depart-ment of Agriculture (DA), Department of Agrarian Reform (DAR), Depart-ment of Environment and Natural Resources (DENR), Department of Health (DOH), Department of Ed-ucation (DepEd), Depart-ment of Labor and Employ-ment (DOLE), Department of Energy (DOE), Depart-ment of Trade and Indus-try (DTI), Department of Tourism (DOT), National Electrification Administra-tion (NEA) and Technical Education and Skills De-velopment Authority (TES-DA).

Major sponsors of the program are the Depart-ment of Tourism 10, Vet-erans Bank and Del Monte Foods.

NEWSCON is also be-ing supported by the Sudar-ia Group of Publications, the Philippine Information Agency 10, Parasat and sev-eral tri-media outfits that regularly cover the weekly media event.

ATTY. RENE BURDEOS

At the BWM Media Center - Tanleh Bldg., Abellanosa St., Consolacion, Cagayan de Oro City