Today's Top Stories

  • Oro dad seeks help for brother’s ordeal

    Oro dad seeks help for brother’s ordeal

    CAGAYAN de Oro City--Legislators here have expressed mixed reactions after the younger brother of their colleague was stabbed and robbed by a group of teenagers Monday night along the Fernandez-Velez junction. This after Councilor John Michael Seno reported to his colleagues during the regular session of the City Council that his younger brother was ganged up. The city councilor did not say what happened next to his younger brother. Seno, in his report to the City Council, said the suspects were all minors and allegedly  under the influenced of liquor. Seno, who is ironically the youth representative in the City Council, asked his colleagues if they could do something on the matter in aid of legislation. Along this line, Councilor George Goking called on the city government’s Regulatory and Complaint Board for Amusement Places (RCB) to inspect the particular food park that the suspects allegedly emerged before ganging up on the younger Seno to look on whether there are minors drinking there. Councilor Romeo Calizo, who chairs the committee on public safety, said that the Cagayan de Oro City Police Office (Cocpo) must strictly implement all existing national and local laws involving minors to prevent a similar incident. Calizo said there is an existing curfew on minors and there is also an existing anti-loitering ordinance that the city has passed. He also pressed for Cocpo to conduct more street visibility in the city’s urban thoroughfares now that the city fiesta is approaching. For her part, Councilor Jocelyn Rodriguez said that Cocpo must coordinate with barangay officials because they are more familiar with the delinquent minors in their respective villages. Rodriguez is a former barangay chairman. Vice Mayor Raineir Joaquin Uy referred Seno’s report to the committee on public safety for the appropriate action. A report from Mark Francisco/rp

    July 23, 2019

    READ MORE
  • Murder charges filed against 6 NPAs linked to deaths of 4 cops 

    Murder charges filed against 6 NPAs linked to deaths of 4 cops 

    BACOLOD CITY (MDN Visayas News digital) — Six members of the New People's Army tagged in the killing of four policemen last week are now charged of multiple murder. Brigidier General Debold Sinas identified those charged as one Victoriano Anadon and five others, whose identities are still withheld to protect the government's follow up operations. Anadon, based on initial investigation, was known as the one who hogtied the victims. Around 30 rebels reportedly attacked and killed four policemen as the cops approached the house of one of the suspects, Victoriano Anadon. The dead policemen were officially identified as Patrolmen Roel Cabellon, Raffy Callo, Corporal Relebert Beronio and Marquinto de Leon - all of the 704th Company of the Regional Mobile Force Battalion in Central Visayas.   Based on investigation conducted by police investigators, each of the policemen suffered gunshot wound in the head. The allege suspects also took the wallets of the victims and personal belongings when they escaped eluding arrest from responding government troops.  In a statement issued by the rebels, Dionesio Magbuelas, NPA spokesman said the police officers were behind the intelligence gathering implementation by the Synchronized Enhanced Managing Police Operations (SEMPO), which reportedly left many civilians dead in Negros Oriental. Magbuelas also accused the dead policemen of harassing the farmers in the area. Meanwhile, PNP chief Albayalde said the policemen were tortured before they were murdered in Barangay Mabato, in the presence of the villagers. Autopsy reports conducted by SOCO has it that the four victims suffered hematoma and fractured ribs. The PNP chief said they now have the identities of the six NPA rebels but withheld them at press time to protect their follow up operations. ###

    July 23, 2019

    READ MORE
  • Bounty for 4 cop killers in Negros Oriental up by P1.3 Million

    Bounty for 4 cop killers in Negros Oriental up by P1.3 Million

    NEGROS ORIENTAL (MDN Luzon News digital, July 23) - The bounty for the capture of 6 members of the New People Army who reportedly killed four policemen in Ayungon, Negros Oriental is now up by P1.3 Million, government authorities reported on Tuesday. SWAT TEAM INSPECT THE CRIME SCENE IN AYUNGON, NEGROS ORIENTAL. FOUR POLICEMEN WERE REPORTEDLY KILLED AFTER THEY WERE AMBUSHED BY NEW PEOPLE ARMY REBELS. President Rodrigo Duterte said he has added an additional of P300,000 from his last offer of P1 Million for the arrest of 6 NPA members who were behind the killing of four policemen, while having surveillance and intelligence gathering. Duterte during his SONA said “Mas gusto kong patay sila. Kung patay sila magdagdag pa ako P300 [thousand] so its P1 million and 300 [thousand]. Just bring me the head of that idiot leader.”  The slain policemen were allegedly ambushed while on duty and while conducting investigation regarding the reported presence of NPA in Ayungon area and its neighboring barangays, when suddenly the rebels alighted from the scene and killed the cops in the presence of villagers, report said. Meanwhile, President Duterte went personally to the wake of the slain policemen and awarded them the Lapu-lapu Rank of Kalasag medal to those who were killed in an ambush. President Duterte awarded the slain policemen including Relebert Beronio and Patrolmen Raffy Callao, Roel Cabellon, and Marquino de Leon. The policemen were conferred the Order of Lapu-Lapu Rank of Kalasag medal. Murder charges filed  Six members of the New People's Army tagged in the killing of four policemen last week are now charged of multiple murder. Brigidier General Debold Sinas identified those charged as one Victoriano Anadon and five others whose identities are still withheld. Anadon, based on initial investigation, was known as the one who hogtied the victims. Around 30 rebels reportedly attacked and killed four policemen as the cops approached the house of one of the suspects, Victoriano Anadon. The dead policemen were officially identified as Patrolmen Roel Cabellon, Raffy Callo, Corporal Relebert Beronio and Marquinto de Leon - all of the 704th Company of the Regional Mobile Force Battalion in Central Visayas.   Based on investigation conducted by police investigators, each of the policemen suffered gunshot wound in the head. The allege suspects also took the wallets of the victims and personal belongings when they escaped eluding arrest from responding government troops.  In a statement issued by the rebels, Dionesio Magbuelas, NPA spokesman said the police officers were behind the intelligence gathering implementation by the Synchronized Enhanced Managing Police Operations (SEMPO), which reportedly left many civilians dead in Negros Oriental. Magbuelas also accused the dead policemen of harassing the farmers in the area. Meanwhile, PNP chief Albayalde said the policemen were tortured before they were murdered in Barangay Mabato, in the presence of the villagers. Autopsy reports conducted by SOCO has it that the four victims suffered hematoma and fractured ribs. The PNP chief said they already have the identities of the six NPA rebels but withheld them at press time for follow up operations. ###   President Duterte says he prefers that the killers of the cops are presented dead, notes that he would increase the bounty to P1.3 million @ABSCBNNews pic.twitter.com/k5LB1T2LQR — Arianne Merez (@arianne_merez) July 22, 2019

    July 23, 2019

    READ MORE
  • Ranger Leads Ford PH’s Q2 2019 Record Retail Sales

    Ranger Leads Ford PH’s Q2 2019 Record Retail Sales

    Ford Philippines announced second quarter retail sales of 5,667 vehicles, driven by an all-time record quarterly performance of the segment-defining Ranger pickup truck.      Second quarter retail sales for the Ranger rose 25 percent to a record 3,694 vehicles, driving its year-to-date total up 25 percent to 6,836 vehicles.      “The Ranger remains one of the country’s most preferred pickup trucks, and continues to set the benchmark for the segment with its versatility, capability, power, and class-leading driver assist technologies,” said PK Umashankar, managing director, Ford Philippines.       The “Built Ford Tough” Ranger lineup in the Philippines has grown to 11 variants, including the recent addition of the Ranger XLS Sport which features striking design enhancements for the XLS variant that further strengthen its rugged, visual appeal.       Second quarter sales for the Everest mid-size SUV totaled 1,274 units, pushing up year-to-date sales to 2,919 vehicles. The EcoSport mini-SUV delivered second quarter sales of 487 units, driving its year-to-dates sales to 1,020 vehicles.      The Ford EcoSport boasts improved driving performance with either the 1.0L EcoBoost engine or the new and more powerful 1.5L TiVCT engine with 6-speed automatic transmission. It’s more street smart than the previous version, with a bolder look and design, refined interior, and more smart and safe features and driver-assist technologies.

    July 22, 2019

    READ MORE

Ranger Leads Ford PH’s Q2 2019 Record Retail Sales

July 22, 2019

Motoring

By: , Ford Philippines announced second quarter retail sales of 5,667 vehicles, driven by an all-time record quarterly performance of the segment-defining Ranger pickup truck.      Second quarter retail sales for the Ranger rose 25 percent to a record 3,694 vehicles, driving its year-to-date total up 25 percent to 6,836 vehicles.      “The Ranger remains one of the country’s most preferred pickup trucks, and continues to set the benchmark for the segment with its versatility, capability, power, and class-leading driver assist technologies,” said PK Umashankar, managing director, Ford Philippines.       The “Built Ford Tough” Ranger lineup in the Philippines has grown to 11 variants, including the recent addition of the Ranger XLS Sport which features striking design enhancements for the XLS variant that further strengthen its rugged, visual appeal.       Second quarter sales for the Everest mid-size SUV totaled 1,274 units, pushing up year-to-date sales to 2,919 vehicles. The EcoSport mini-SUV delivered second quarter sales of 487 units, driving its year-to-dates sales to 1,020 vehicles.      The Ford EcoSport boasts improved driving performance with either the 1.0L EcoBoost engine or the new and more powerful 1.5L TiVCT engine with 6-speed automatic transmission. It’s more street smart than the previous version, with a bolder look and design, refined interior, and more smart and safe features and driver-assist technologies.

read more

Honda Debuts Refreshed BR-V

July 22, 2019

Motoring

By: , Honda Cars Philippines, Inc. (HCPI), Honda’s automobile unit in the Philippines, unveils the New BR-V at the City of Dreams Manila, Paranaque City.      The New Honda BR-V revolves around the grand concept of “Enhance SUV Image”. Itshowcases a masculine and premium look with its sleeker design and advanced features. Upfront, the New BR-V presents a new Chrome Front Grille that is perfectly paired with a new Front Bumper for both variants. Included in the updates is its new LED Daytime Running Lights for 1.5 V CVT variant, while maintaining its Halogen Headlights and Fog Lights for both variants. Its newly designed 16” Alloy Wheel also contributes to its long wide stance for a more commanding road presence. For a more convenient driving experience, the Power Folding Door Mirrors with Integrated Side Turn Signals is still available for the 1.5 V CVT. At the back, a newly designed Rear Bumper is provided to give it a stronger character. Both variants still get the roof rail while the 1.5 V CVT also gets a new Shark Fin Antenna that enhances its masculine and premium look.      The New Honda BR-V’s interior received exciting updates as well. The 1.5 S CVT variant is equipped with a 7-inch Capacitive Touchscreen Display Audio while the 1.5 V CVT is equipped with a 7-inch Capacitive Touchscreen Display Audio with Apple CarPlay and Android Auto. For added convenience, both variants of the New BR-V are now equipped with a reverse camera. The New BR-V maintains a spacious and comfortable cabin that provides ample legroom and head clearance. The New BR-V’s 1.5 V CVT is equipped with a new stylish Leather Interior. To complement the seats, new Red leather accents were added to the door panel armrest while new Red stickers are now found in steering wheel and shift knob to accentuate the new design for 1.5 V CVT. To complete the refreshed interior design, both grades’ interior decoration was also improved and changed into Dark Steel.      The New Honda BR-V is powered by the 1.5 Liter i-VTEC Engine that provides 88kW(120Ps) at 6,600rpm and 145 N-m (14.8kg-m) at 4,600rpm. The engine is mated to Honda’s Earth Dreams Technology Continuously Variable Transmission (CVT) that delivers a smooth, refined and fuel-efficient driving performance. The 1.5 V CVT comes with Smart Entry with Push Start System for convenience and Paddle Shifters for an engaging driving experience. Honda’s Eco Assist System, which consists of the ECON mode and Eco-Coaching Ambient Light, is also available to help encourage drivers to drive efficiently.      The New BR-V aims to provide peace of mind on the road with Honda’s G-force Control (G-CON) Collision Safety Body that dissipates G-forces in the event of a crash and disperses it away from the vehicle’s occupants on impact. Moreover, standard on both variants are Driver and Front Passenger SRS Airbags; Anti-Lock Braking System (ABS) with Electronic Brake Force Distribution (EBD) that prevents wheel lock during sudden braking; Hill Start Assist (HSA) that averts backward roll when the vehicle moves from a static position on an incline; Vehicle Stability Assist (VSA) that restricts sideway skidding during cornering; and Speed Sensing Auto Door Lock that activates when the vehicle accelerates. Additionally, catering to the needs of every Filipino family, the New BR-V comes with ISO-FIX Anchors to securely latch a child seat, making the New BR-V worthy of its 5-Star ASEAN NCAP rating in the Adult Occupancy Protection (AOP) category.      The New BR-V is now available at all 38 Honda dealerships nationwide with the following suggested Retail Prices:      • 1.5 V CVT- Php 1,155,000      • 1.5 S CVT- Php 1,035,000

read more

Petron Blaze-powered Mazda Wins Kalayaan Cup 12-hour Endurance Run

July 22, 2019

Motoring

By: , At the 2019 Petron Kalayaan Cup 12-hour endurance run held at the Clark International Speedway last June 12, Team Race Form Garage 2233, driving a Mazda Miata Global Cup Car, emerged as the overall champion. Powered by Petron Blaze 100 Euro 6—recognized as the best gasoline in the country—the Miata was able to complete 274 laps of the 4.2-km track during the 12-hour run. Team Race Form Garage 2233 is managed by Francis Godinez with Antonio Brias, Don Pastor, Enrique Hormillo, and Jason Choachuy as drivers.      Petron-sponsored teams also performed well in other Independence Day race categories. Driving a Honda Civic, Mon Dimapilis, Danby Yaptinchay, Ditrie Villacorta, and Allen Escoto of the Petron Blaze Racing Team won the Class 2 championship with 220 laps. At the same time, Carlo Consumido’s Petron Tora Tora team with Chad Parian, Walter Rillorta, Francis de los Reyes, and Paolo Yaptinchay on a Honda Civic hatchback finished 1st runner-up in the Class 1 category.      The Petron Kalayaan Cup is an endurance race traditionally held during the Philippine Independence Day. A car is driven by a team of alternating drivers attempting to complete as many laps as possible in the race circuit. The official fuel for all competing cars is Petron Blaze 100 Euro 6 with its Triaction performance advantages, (1) better engine protection for longer engine life; (2) better mileage for longer drives; and (3) better power.      As the industry leader, Petron is also a major force in Philippine motorsports, providing support for such events as the Toyota Vios Cup, Formula 4 Southeast Asia, Asian Karting Series, IAME Karting, Kalayaan Cup, Rainforest Challenge (Diesel), to name a few.

read more

Donsals debuts 35 new business class units to ply Initao-CDO route

July 15, 2019

Motoring

By: Mark Francisco, MAVERICK PUV operator Donald Rey Ellarina, also known as Donsals, unveiled on Monday (July 15, 2019) 35 new business class units as part of his contribution to the government's PUV modernization program. It is another landmark to the homegrown public transport firm which started its roots in the western part of Misamis Oriental plying state-of-the-art jeepneys in the 1990s. When the PUV trend in the Philippines transitioned to airconditioned vans in the 2000s, Donsals led the bandwagon, ditched its old open-air jeepney fleet and pioneered public van transport in Northern Mindanao, still plying the western Misamis Oriental route from Initao municipality to Cagayan de Oro City. Today marks another breakthrough for the company. The all-new Toyota Coaster six wheelers have a 29-seat capacity each and are all Euro 5 compliant. Each unit has its own WiFi connectivity on board and a 22" flat screen TV. It also has a back compartment with styro boxes provided for passengers who have wet goods. For safety purposes, all units are equipped with close-circuit security cameras. All drivers are likewise instructed to keep the maximum speed of 80 kilometers per hour. With GPS connectivity, a warning will automatically blink at Donsals headquarters in Laguindingan should any driver breaches the speed limit. Ellarina said drivers who violate this policy will face one-week suspension. These and other features are indeed proof that the PUV modernization program of the government can be a success.

read more

Cebu Landmasters expands presence in Northern Mindanao with two new residential projects

July 17, 2019

Corporate

By: PR, LEADING VisMin property developer Cebu Landmasters Inc. boosts its presence in underserved Northern Mindanao with the recent launch of two residential projects valued at Php1.26 billion that innovatively meet the needs of mid and economic-income housing clients. Casa Mira Towers CDO is a Php824 million, two-tower condominium development offering 986 units ranging from 20 sqm studios to 36 sqm one-bedroom units in a strategic Barangay Kauswagan location and generous amenities. Projected completion date will be in the fourth quarter of 2022.   The Php437 million Velmiro Uptown CDO offers 396 house-and-lots in a 14-hectare gated subdivision in the rapidly developing Upper Canitoan area of Uptown Cagayan de Oro with 80% open spaces. Velmiro is set for turnover to clients by the fourth quarter of 2021.   CLI chairman and CEO Jose Soberano III disclosed that “we focus our projects in VisMin and serve the diverse needs of the region’s property markets. Cagayan de Oro is the second largest economic driver of Mindanao and Cebu Landmasters is rapidly expanding to serve the evolving real estate market needs in the area.”   CLI’s popular housing brand Casa Mira, for example, has sold close to 6,000 units in four Cebu province locations and another location in Dumaguete City by “offering more to the Filipino family,” according to Soberano. The economic housing project gives clients amenities such as pool, gym, clubhouse and play area, all of which are more closely associated with higher-end residential products. PR   Velmiro likewise exceeds client expectations with its strategic and rapidly developing location in CDO near schools, hospitals and malls and upscale amenities. It offers units designed to maximize space, optimize views, and use natural lighting and ventilation.   Cebu Landmasters has mastery of its VisMin markets and was recently named best developer in the country by PropertyGuru Philippines Property Awards. It now has 58 projects in different stages of development covering residential, office, retail, hotels and a 22-hectare township in Davao City. “We expect to roll out 29 more before the year ends,” declared Soberano who remain bullish about prospects of the VisMin markets. 

read more

Phoenix Petroleum opens first airside facility in Davao

July 16, 2019

Corporate

By: , Fastest-growing and leading independent oil company in the country Phoenix Petroleum has opened its first airside facility at the Francisco Bangoy International Airport in Davao City, further streamlining its operations and services for its aviation partners. In a launching ceremony on July 10, 2019, Phoenix Petroleum Chief Operating Officer Henry Albert Fadullon highlighted the company’s continuous improvement to serve the needs of its clientele and contribute to the development of the community. “In line with our campaign for operational excellence, our newly built depot will help us serve better and more efficiently our commercial aviation clients. This project is also our way of reinforcing the booming air transportation and tourism industries, enabling us to better contribute to the overall customer experience of passengers, while fulfilling our corporate goal of becoming an indispensable partner in the journey of everyone whose life we touch,” he said. The new airside facility has a storage tank than can store up to 160,000 liters of Jet A1 fuel, a laboratory testing room for supply quality control, a staging area for trucks and aviation refuellers, and an office space for the employees. At present, the facility is expected to cater to the fuel requirements of Cebu Pacific—the company’s longest and biggest commercial aviation client in Davao airport. Also present during the inauguration were Phoenix Petroleum’s Chairman Domingo Uy, General Manager for Aviation Business Lester Khan, Cebu Pacific’s Vice President Joey Macagga, Fuel Operations Director Edwin Sarte, and Manager Ryan Mendoza, and Civil Aviation Authority of the Philippines’ Davao Manager Engr. Rex Obcena.

read more

Città Bella at Primavera City redefines standards in living with condominiums

July 16, 2019

Corporate

By: , Awarded by the prestigious International Property Awards as Mixed-use Development Asia Pacific 2017, Città Bella at Primavera City, the second phase of the Primavera City development, is a blend of world-class commercial spaces and prime condominium suite living. From healthy living, scenic views, and world class amenities, this new property in Uptown, Cagayan de Oro is redefining condo living standards in more ways than one.  Living in a Green Building is Healthy. Based on a research recently published by the Building and Construction Authority (BCA) and the National University of Singapore, people who work and live in a green building are less likely to suffer from “sick building syndrome”, a common illness experienced by people who stay in a conventional building for a long period of time. Green buildings, such as Città Bella have passive green features which creates a well-ventilated atmosphere allowing fresh air to enter and circulate within the building. World class amenities. Hotel – standard amenities, such as infinity pool, gym, saunas are located at the roof deck which provides a scenic backdrop of vibrant Cagayan de Oro’s cityscape. Amenities found in first-class condominium, such as 24 hours reception, multi-function room, gym center, sky garden, sauna, jogging path, sky playground and an outdoor infinity swimming pool are among the amenities of  Città Bella. Majestic view. Built on a  plateau overlooking the stunning Macajalar bay and Cagayan de Oro’s mountain scapes,  Città Bella at Primavera City’s 360 view provides a breathtaking scenic peek of Cagayan de Oro’s rich scenic landscape covering Camiguin Island, Macajalar Bay, Cagayan de Oro River, Malasag mountain view and the city’s impressive sunsets. Sustainable Building. Sustainable features such as passive cooling technology using shadow and sunlight control, wind cooling and shape performance are some green features trademark of IDC developments which anchors on performance-based design. In addition, Città Bella at Primavera City will contain a renewable energy feature which will be produced from semi-transparent photovoltaic panels found on the roof and portions of external walls.   Opportunities for Passive Income. Italpinas Development Corporation (IDC) has partnered with Damiani Property Management Services Inc, to provide professional property management services to serve unit owners who are intends to earn passive income.  Damiani Property Management Services Inc, is also the leasing partner of IDC, managing its commercial spaces.

read more

Grand Buyers Day with Città Bella at Primavera City

July 9, 2019

Corporate

By: , Uptown, Cagayan de Oro. Think of a location that is just a stone’s throw away from vital facilities and amenities, flood-free and pollution-free. A location should have a potential to be the next business hub of a city—this is where Città Bella at Primavera City is. Primavera City the new premier project of the multi-awarded listed green developer Italpinas Development Corporation (IDC) hosted a Grand Buyers Day held at Mallberry Suites, Cagayan de Oro last June 29, 2019 after the release of its License to Sell for the second phase of its development Città Bella last June 28, 2019 The gathering was well attended by IDC partners such as banks, sellers, and guests.  “After the success of Primavera City Phase 1, where we sold 95% of its inventory, the release of the License to Sell for Citta Bella, Primavera City Phase 2 is very timely.  We are confident that our new phase, Citta Bell, will receive the same support from the buying public and our valued partners, our Salesforce.  Today, we are official accepting reservations for Citta Bella.” said Gladys Ivy Echano, IDC Sales Director.  The event ended with great success.  “We were astounded of the outcome of this event.  Our reservations totaled to 200M+ just for today.  This is unprecedented so far.”  added Ms. Echano.  Città Bella at Primavera City serves as IDC’s legacy in delivering high quality, smart, safe, and sustainable buildings imbibing an Italian aesthetic design, all while considering a reduced environmental impact through lower energy consumption. With the first few floors of the projects allocated for commercial space leasing. IDC purposely designed its developments to be mixed-use which can cater to the residential tenants’ immediate needs. Location-wise, the developments are just a walking distance from major establishments in the area, such as the SM Department Store, Xavier University, Manresa Farm, St. Francis Xavier Chaplaincy, and Pueblo de Oro Golf Course, to name a few. Moreover, uptown developments hold great promises as the first phase of the Planned City Expansion Program (PCEP), under the three-year Comprehensive Development Plan (2017-2019), plans to decongest the city urban center by focusing future developments in the uptown. The development of Primavera City has been quite in high demand, more so with its current rate of property appreciation.  IDC property is averaging an appreciation rate of 10% annually. Currently, Primavera City’s first phase is down to the last 5% of the residential units.

read more

More events in 3Q to boost CDO economic activity – Oro Chamber

June 22, 2019

Money Matters

By: Mark Francisco, THE largest lobby of micro, small and medium scale enterprises (MSMEs) in Northern Mindanao has outlined its activities for the next three months to help boost the continuing economic growth in the region. During their quarterly meeting last Friday, Cagayan de Oro Chamber of Commerce and Industry president Irene Floro announced the following activities to be held here from July to October – an innovation talk, package of technologies with economic studies and business plans, financing forum, technopreneurship training, three-in-one trade show, Orobest Expo, Cagayan de Oro Business Conference, pitching sessions, business forum and scientific meetings, industry and academe technology matching, patent talk and green financing forum, among others. Floro said these events are meant to educate not just the Oro Chamber members but also to boost investment opportunities in Northern Mindanao and strengthen the local economy here. In her quarterly valedictory report, Floro said the ideation workshop in April brought together the industry, academe and government to discuss technology interventions for five identified establishments. During that month, the Search for Homegrown Heroes and a forum on the role of women were also held. Oro Chamber likewise participated in a mentorship program with micro and small homegrown processors in cooperation with the Food Processors Association of Northern Mindanao (FOPANORMIN). In May, Oro Chamber was also able to successfully hold the Entrepreneurial Talk Series I with focus on innovation and corporate entrepreneurship as well as an introduction to the Master in Entrepreneurship Program at the Asian Institute of Management (AIM). In the same month, the Mentor Me on Wheels was held in cooperation with the Department of Trade and Industry (DTI) and the Philippine Center for Entrepeneurship. The activity spurred a money and market encounter with financial institutions, malls, supermarkets and online stores as participants. An official from the World Bank also visited the Oro Chamber to discuss poverty reduction interventions in education. Early this month, Oro Chamber inked an agreement for the Search for the Best PESO in Northern Mindanao. PESO stands for Public Employment Service Office and is a department in most local government units (LGUs) regionwide. Floro reiterated that the priority areas of Oro Chamber are chamber governance, policy advocacy and formulation, partnership building/strengthening, membership development and relations, chamber relations, financial management and internal controls and organizational sustainability.

read more

Short on cash?

June 13, 2019

Money Matters

By: PR/Ruel, IT is time to bid your money woes goodbye. Farewell to the scenario where you have to face the reality of an empty wallet on your next shopping trip, or to the sinking feeling of not having enough cash to pay your bills until the next paycheck. Short on cash? In dire need of funds in an instant? Within a click’s reach is your saving grace -- the GCash app. Emergencies are stressful no more with the GCash’s “request money” feature. Aside from saving people the problem of lugging around money in a bulky purse or wallet, GCash eases the transfer from one mobile wallet to another. At the drop of a hat, friends can easily request money from each other in times of distress and ask for money. Requesting for more moolah in your mobile wallet has never been this easy. The request money feature is readily visible in the app’s dashboard once you open it. Just enter your friend’s name or mobile number, the amount you need, and the problem already solves itself. If you’re in the mood to explain your situation or deliver an advanced message of gratitude, the GCash allows you to do just that.  Responding to a friend’s financial SOS is a breeze, too. Simply check your app’s notifications and sending help is as mindless as clicking a button on your smartphone. Plus, there is also a special tab to track your history of requests for reference. The cherry on top? It doesn't matter if you’re a Smart, Sun, or TNT subscriber. Now, all it takes is a SIM card and smartphone, and you can take advantage of whole array of GCash services through your mobile phone. It’s as easy as grabbing the free app on Google Play Store or iOS App Store and registering for an account.  In the eyes of GCash, operated by Globe Fintech Innovations Inc. (Mynt), no network should be left behind. Even though it is a company led by Globe Telecom Inc., Ayala Corp., and Ant Financial, this new financial technology wonder is out to pave the way towards a cashless society by adopting a policy of inclusivity.  Long gone were the days where GCash was exclusive to one network. Now, anyone can participate in the cashless revolution and have access to greater convenience through the GCash app.  “We believe in the power of inclusivity. As we lead the push for financial inclusion across the different sectors of the society, we believe that providing a telco agnostic platform will help more Filipinos participate in the digital economy,” Mynt Vice President for Money Transfer Fred Levy said.  GCash is the new must-have in an age where technology reigns supreme. It is a mobile money service, regulated by the Bangko Sentral ng Pilipinas, where you can buy load, purchase items, send and receive money, pay bills, and more using Globe, TM, Smart, Sun, or TNT -- or the future telco player that everybody is raving about.  GCash, the leading and revolutionary mobile wallet in the Philippines, is designed to help users navigate through the modern, agile world of finance. So the next time that you find yourself knee deep in money troubles, just remember that your fellow GCash users are literally one tap away.

read more

Economic managers announce growth catch up plan

May 28, 2019

Money Matters

By: , MANILA – Economic managers have agreed to further strengthen coordination with other agencies, especially on acquiring permits and other requirements, to fast-track implementation of infrastructure and socioeconomic programs to meet 2019 growth targets amid the impact of budget delay.      Finance Secretary Carlos Dominguez III, in a statement after the meeting of the Economic Development Cluster at the Department of Finance (DOF) Friday, said officials of both the Department of Public Works and Highways (DPWH) and the Department of Transportation (DOTr) are optimistic of meeting their disbursement program for this year.      "To enable them to attain their targets, it would require close cooperation and support of other government agencies by expediting the approval of permits and other requirements,” he said, as he expressed hope that “no major weather disturbance will disrupt the implementation of the projects.”      The social protection programs that were agreed to be implemented faster include the national ID System, 4Ps, social pension, unconditional cash transfers, and fuel marking program.      Dominguez said that aside from these programs, the government will also “double its efforts in the agriculture sector, which should expand by at least 2 percent per year.”      He explained that if the 2018 national budget was approved on time, growth in the first quarter of the year would have risen between 6.6 to 7.2 percent instead of the four-year low of 5.6 percent.      President Rodrigo R. Duterte signed this year’s budget only last April after the impasse in Congress.      Dominguez said that since the government worked on a re-enacted budget in the first quarter, there was about PHP1 billion underspending per day.      He, thus, stressed the need to put in a “carefully crafted and bold expenditure catch-up plan to enable us to hit a GDP growth rate of above 6 percent this year.”      He said spending from January to March this year reached PHP778 billion, little moved from year-ago’s PHP772 billion.      The programmed spending for this year amounts to PHP3.774 trillion, or about 19.6 percent of gross domestic product (GDP) while total infrastructure disbursement was set at PHP1 trillion or about 5.2 percent of domestic output.      Dominguez also noted the need for the participation of the private sector to help boost economic growth, thus, the enactment of the Ease of Doing Business in May 28, 2018 to entice more businesses.      He also said that “the Executive and the Legislative branches of government also need to work together in passing legislation that allows for a business-friendly environment, such as the Public Service Act, Foreign Investments Act, and the Retail Trade Act.”      The continued deceleration of domestic inflation rate, which declined to 3 percent last April after peaking at 6.7 percent in September to October last year, is also positive for the economy, he said.      "We will intensify our efforts to restore last year’s upward momentum in our growth rate,” he added.      Relatively, Socio-economic Planning Secretary Ernesto Pernia, during a press briefing after the EDC meeting, said economic managers are still studying whether to adjust this year’s economic targets.      "We still have to do some number crunching to have more realistic numbers regarding growth rate and related numbers so it is better that we wait until we are more confident with what we can tell you,” he said.      Among others, GDP target this year has been lowered to between six to seven percent while deficit target is at 3.2 percent of domestic output.      Meanwhile, Department of Budget and Management (DBM) acting chief Janet Abuel said that because of the delay in the approval of this year’s budget, it will be hard to fully implement the cash-based budgeting system, which requires all state agencies to pay within the year all the contracts they need to accomplish.      She said deadline for the infrastructure projects and payments for these contracts has been moved to December 31, 2020 while those for Maintenance and Other Operating Expenses (MOOE) will be on June 30, 2020.      "We hope that will lessen the worries of the agencies in paying their contractors,” she added. (PNA)

read more

Peso seen to remain firm vs. USD amid correction

May 28, 2019

Money Matters

By: By Joann Villanueva, PNA, MANILA – The Philippine peso is projected to trade between 52.00 to 52.10 against the US dollar this week after its recent correction following a two-week rally, Michael Ricafort, Rizal Commercial Banking Corporation (RCBC) Economics and Industry Research Division head, said.      The peso depreciated by PHP0.47 or 0.9 percent week-on-week against the greenback last week and closed at a two-week low of 52.16.      He explained that amid the peso’s slight weakness, several factors are seen to continue lifting it up, including the report of the government’s record-high budget surplus last April amounting to PHP86.9 billion.      He said this particular factor is positive for the country’s credit rating, which received a notch upgrade to BBB+ with Stable outlook from S&P Global Ratings last April 30, after the credit rater noted the country’s "healthy external payments position, contained fiscal deficits and stable public indebtedness”.      Another plus factor for the peso is the drop to two-month low of crude oil prices in the international market because of concerns on the US-China trade issues, which, in turn, also resulted in lower US government bond yields.      The recent cut in the Bangko Sentral ng Pilipinas‘ (BSP) key policy rates and on domestic banks’ reserve requirement rate (RRR), the seasonal increase of remittance inflows from Overseas Filipino Workers (OFWs) in line with the school enrollment period, and the tail-end of vacation spending will further boost the local currency’s strength, Ricafort said.      Recent issuances by the Philippine government of foreign currency-denominated bonds in Europe and in China are also positive for the peso, he said, adding that in recent years the local unit started appreciating against the US dollar since 2016. (PNA)

read more

ZALORA holds groundbreaking of its new mega e-fulfillment center

July 22, 2019

Billboard

By: , ZALORA holds groundbreaking of its new mega e-fulfillment center ZALORA, the country’s leading fashion destination partners with Ayala AC Infrastructure Holdings Corporation to celebrate the groundbreaking of the biggest efulfilment center in the Philippines dedicated to fashion e-commerce. The e-fulfillment center will have 40,000 square-meters of racking space and a 7.2 million item storage capacity at its final phase, designed to support the company’s growth plan for the next 10 years.      ZALORA Philippines (ZPH), led by its Co-founder and Chief Executive Officer, Paulo Campos III, joined by ZALORA Group’s CEO, Gunjan Soni, and Ayala AC Infrastructure’s Chief Operations Officer Noel Kintanar facilitated the groundbreaking ceremony for the 3.7-hectare Fashion E-Fulfillment Project in the Daang Hari and Daang Reyna Junction in Muntinlupa City.      The new e-fulfilment centre demonstrates ZALORA’s efforts in maintaining its position as a best in class ecommerce logistics player in the region. The new efulfillment centre will help double ZALORA’s productivity through significant investments on automation, test-bedding new technologies and software and improving business processes to drive productivity following the best practices of Global Fashion Group Fulfillment Centers around the world.      “We are thrilled to be able to break ground on our new state-of-the-art E-Fulfillment Center which will be the home of ZALORA in the Philippines for the next decade!” says Paulo Campos III. “This new facility will further strengthen ZALORA’s capabilities and grow its business across the archipelago, housing thousands of fashion brands, and reaching more cities and towns in the Philippines, solidifying our commitment to provide Filipino consumers the best online shopping experience possible.”      The new facility will also be the new home of ZALORA as it houses 5,000 sqm of office space for its Customer Service and e-Production teams and is expected to provide at least 1,000 job opportunities for the surrounding Muntinlupa-Cavite communities.      The ZALORA E-Fulfillment Center project is scheduled to be completed by the first quarter of 2020.

read more

Have A Rainy Day Staycation with Savoy Hotel’s Rainy Day Promo

July 19, 2019

Billboard

By: , The BER months are nearing and Savoy Hotel is welcoming the drizzling season with a rainy day promo perfect for families and individuals who plan to go on a staycation in Newport City. From July 15 to September 30, guests who book at Savoy Hotel can enjoy rates as low as Php5,500 per night at an essential room with a complimentary breakfast for two.       Guests will also get a complimentary cup of hot chocolate and cookie at Savoy’s premier coworking space, The Squares, to remedy the cold season. The Squares is located in several guest floors of the hotel and is a convenient coworking space for guests who want to do business transactions and productive collaborations regardless of the lazy weather.      The rainy season is also the perfect time to appreciate and enjoy indoor activities in Newport City such as shows and performances from a roster of talented artists. As a special treat, guests availing this promo are entitled to a 20% discount on selected Resorts World Manila entertainment.       Savoy Hotel’s proximity to the airport makes it an ideal respite for tourists and business travellers alike. Enjoy world class amenities of Resorts World Manila all while conveniently being a stone’s throw away from the Ninoy Aquino International Airport (NAIA) Terminal 3.

read more

Nutrition and Physical Activity: A Holistic Approach Towards Better Health Outcomes

July 17, 2019

Billboard

By: , THE country is celebrating its 45th Nutrition Month Campaign this July. Presidential Decree 491 in 1974 declared that Nutrition Month shall be celebrated every July to create greater awareness on the importance of nutrition among Filipinos. The law mandates NNC to coordinate and lead the nationwide campaign.      Themed “Kumain nang wasto at maging aktibo… push natin ‘to!”, this year’s campaign encourages everyone to advocate and realize the consumption of healthy diets, increased physical activity and reduced sedentary behavior. Pushing the advocacy means that each and every one can contribute to better nutrition and physical activity for better health. The Nutrition Month logo for the theme shows the balance that needs to be achieved through healthy diet as symbolized by the leaf of a vegetable and physical activity by moving figures of people.      The campaign aims to catalyze actions to promote the consumption of healthy diets, increased physical activity and reduced sedentary behavior through activities of daily living among individual sand families, encourage the food industry including farmers, manufacturers, distributors and food establishments to produce and make available healthier food options and advocate for the enactment of national and local legislation and policies at the workplace, school and other venues that are supportive of an enabling environment for healthy diets and physical activity.      Here are some ways to celebrate Nutrition Month: conduct seminars and other fora to discuss the Nutrition Month theme, conduct physical activities appropriate for audience intended and conduct other activities that will highlight and promote healthy diet and physical activity.      A healthy diet is one that is able to maintain energy balance to carry out everyday tasks and ensure proper functioning of the body. Further, it provides all the nutrients in the right amount needed by the body. Healthy diet emphasizes vegetables, fruits, legumes and nuts. At least 400 grams of fruits and vegetables is recommended per day by the World Health Organization. Further, healthy diet refers to less intake of free sugars, fats and salt.      Physical activity is defined as any bodily movement produced by skeletal muscles that requires energy expenditure. This includes walking, exercise, sports, active forms of recreation (Zumba, yoga, etc.) and tasks in the house (cleaning, carrying, etc.).      People who engage in regular physical activity may experience the following benefits: prevention and delay of non-communicable disease, weight management, muscle and bone strength, mental health, better sleep, sports and promotion of overall well-being.      The Department of Health formulated the Philippine National Guidelines on Physical Activity (PNGPA) to spell out physical activity recommendations for various age groups. Children 5-12 years old and adolescents 13-20 years old are encouraged to engage physical activity for 60 minutes daily, while adults are to accumulate 30-60 minutes of daily physical activity. Elderly persons are encouraged to be physically active for at least 30 minutes a day.       As a family, members of the household are encouraged to eat a variety of foods every day, grow their own produce in their home garden and choose healthy foods even when eating away from home. Special care must be appropriated to pregnant women, and infants must be exclusively breastfed up to six months. As a community, neighbors can agree to plant and maintain fruits and vegetable gardens in vacant lots and advocate for healthy food options in carinderias and restaurants in the neighborhood. Schools must also strictly implement DepEd Order No. 13 s. 2017 which is about the guidelines on healthy food and beverage choices in schools. Constituents can unite in urging their local government to formulate policies to support the consumption of healthy diets and promotion of good nutrition. Workplace must also advocate the serving of nutritious snacks in their respective cafeterias and in during meetings, seminars and similar activities. Non-government organizations are urged to form networks and groups to promote availability of healthy foods. They can lobby for the food industry to make low sodium and low fat foods, reformulate recipes and menu to produce healthier products and introduce new products with better nutritional value.      The National Nutrition Council (NNC) Northern Mindanao spearheads the annual celebration of the Nutrition Month in the region. Among their major activities this month are Short Filmmaking Contest (open to junior and senior high school students, mechanics can be accessed at www.facebook.com/NNCRegion10), Talakayan sa PIA on July 15 and the Nutrition Month Culminating Activity on July 30.      While Nutrition Month is observed during July, holistic actions are expected to be sustained to achieve the desired outcome which is overall improvement and maintenance of one’s health.

read more

Ayala interns pitch innovations to help improve Filipino lives

July 17, 2019

Billboard

By: , Four interns were proclaimed the Grand Champions at the first ever Ayala Group Interns’ Innovation League (AGI2LE), the culminating event at the 11th Ayala Group Summer Internship Program (AGSIP).       The awarding ceremony, which took place at the Globe Auditorium, Maybank Performing Arts Theater in Bonifacio Global City, was attended by 120 Ayala interns and Ayala executives.       The winning team named “Osena” was comprised of Maria Betina Ramos (ADMU), Alexander Go Tian (UP), Joe Diether Cabelin (UP), and Jose Karlo Pascual (UA&P). They pitched “Paglago”, a B2B platform that aims to deliver fresh produce efficiently and sustainably from Luzon farmers to Manila kitchens. Team Osena won P50,000, an immersion trip to the headquarters of an Ayala technology partner company, and job offers from the Ayala group.      In his opening address to the interns, Ayala’s Chief Human Resource Officer and Group Head of Corporate Resources John Philip S. Orbeta said, “We at the Ayala group promised to give you an internship experience unlike any other—immersive, engaging, and challenging. After all, this is the Ayala way. For 185 years, our company has aspired to be a partner in nation building. Today, we continue to align our business objectives towards these aspirations. I believe this is what makes our internship program unique. We had no doubt that as the best in your class, you would not only be able to handle the difficulties of performing real work during your internship, but that you would also be able to explore innovative ideas that could make a difference to society. We are certainly proud that all of you have stepped up and delivered.”      Over the course of their six-week AGSIP engagement, the interns, representing the top 15% of the academic achievers in some of the country’s best universities, developed and pitched ideas to answer the brief of providing a sustainable solution that would improve the quality of life of an underserved market. Six out of 27 teams moved on to the final judging by a panel of Ayala executives, namely Toti Bengzon (Ayala Land Chief Financial Officer), Gabby Blaza (AC Industrials Strategy and Business Development Group Head), Jose Rene D. Almendras (Ayala Group Head of Public Affairs and AC Infrastructure President & CEO), Rodell Garcia (Manila Water Chief Technology Adviser), Vince Tobias (Ayala Head of Innovation), and the aforementioned John Philip S. Orbeta.      “The Ayala of today is very different from the one that existed a decade or two ago,” said Ayala Chairman and CEO Jaime Augusto Zobel de Ayala, who dropped by to congratulate the interns. “We need to reinvent ourselves to stay relevant among our customers and the communities we serve. And who better to look for reinvention than from people your age?”

read more

Subscribe Now!

Receive email updates from Mindanao Daily News.