corporate

Johndorf unveils latest CDO offering Orchard District

September 27, 2019

ORCHARD District – the latest offering of Johndorf Ventures Corporation in uptown Cagayan de Oro City – was introduced to the public last Thursday (September 26, 2019) via a ceremony at Limketkai Luxe Hotel here. According to president and CEO Richard Lim, Orchard District is branded as a modern integrated township amidst a natural landscape. Encompassing Upper Balulang and Lumbia, Orchard District is in line with the city government’s vision of transforming uptown Cagayan de Oro into another growth area. Surrounded by mango orchards on one side and a ridge overlooking the scenic Cagayan River on the other, the aptly named 43-hectare Orchard District will have multiple residential and community retail options. The first residential development of the project is Videre, a 12-hectare planned subdivision with a choice of single attached or duplex homes. Inside will be a clubhouse with pool, a basketball court and other amenities. During the launch, Mayor Oscar Moreno thanked Johndorf Ventures Corporation for choosing uptown Cagayan de Oro in their latest investment. Moreno said the new growth area will feature a new extensive road network from the northern tip of Bukidnon going all the way to Laguindingan airport. He also praised Johndorf’s resiliency, noting that the company was founded in 1985 when the country was in an era of regional and national instability. From its humble beginnings in Iligan City then, the company has subsequently expanded its operations in other major cities in Mindanao as well as in Cebu City. Today, it is one of the top homegrown developers in Cebu and Northern and Southern Mindanao.

READ MORE
USTP asks Italpinas help in developing green campus spaces

September 26, 2019

  THE University of Science and Technology of the Philippines (USTP) has inked a partnership with environment realty champions Italpinas Development Corporation to develop environmental-themed curricula as well as consult in transforming their campuses into more green-friendly spaces. The memorandum of understanding (MOU) signing was inked between Italpinas Development Corporation chairman and CEO Romolo Nati and USTP vice chancellor Consorcio Namoco Jr. last Thursday at the USTP Chancellor’s Office in its Cagayan de Oro City main campus along CM Recto Avenue. Namoco said they are looking forward working with Italpinas in the conduct of seminars and symposia related to green building technologies and sustainable urban development and innovation, participation in the enhancement and reviews of relevant curricular progams and conduct of collaborative projects, among others. In particular, Namoco said they are looking into the possibility pending Ched approval of offering a Master in Sustainable Development and Master in Public Innovation programs there. These programs, he pointed out, will try to lessen the gap between industry and academe. Italpinas will likewise be tapped to enhance the already environment-friendly main campus such as creating a rain catchment there which could be use to water the plants and toilets. The rain catchment would also serve as the university’s response to perennial flooding in the area. Namoco added that they will also be consulting with Italpinas on how to develop their 292-hectare soon to be campus in Alubijid, Misamis Oriental to make it environment friendly. For his part, Nati said they chose USTP as their partner since it is the premier educational institution in the region that is science-centric. “In our ten years of doing business in Cagayan de Oro, we thank the community for welcoming us. That is why we want to give back something to our host community,” he said.

READ MORE
Laguindingan Airport Expansion PPP proposal expected approved by year end

September 24, 2019

The original proponent of the Public Private Partnership to expand the Laguindingan Airport (IATA: CGY, ICAO: RPMY) expects government to approve its proposal by the end of 2019. “Because of the National Development Authority – Investment Coordinating Council (NEDA-ICC) wanting us to copy the Operation and Maintenance (O&M) contract from Clark, we basically had to start from square one, rewrite the entire contract; we have submitted it to the Civil Aviation Authority of the Philippines (CAAP), they have approved it, and it is now being reviewed by the Department of Transportation (DOTr) before submission to NEDA ICC,” said Jose Emmanuel Reverente, VP-Aboitiz InfraCapital, Inc. (AIC) during a presentation during the 28th Mindanao Business Conference held recently in Iligan City. Aboitiz InfraCapital Vice President for Finance Jose Emmanuel Reverente presents  their vision of the check-in counters for the expanded Laguindingan Airport by 2022 under their P42.7 Bilion unsolicited proposal “Since we have copied the Bohol Panglao Airport proposal that has been approved by NEDA ICC Technical Committee, we are optimistic the revised Laguindingan contract will go through much faster,” he added. “We are very hopeful by the end of this year, the contract can be awarded to us after the Swiss Challenge process.” Last February 26, the Civil Aviation Authority of the Philippines (CAAP) granted AIC original proponent status (OPS) for its unsolicited proposal to upgrade, expand, operate, and maintain the Laguindingan Airport  for a 35-year concession period. Reverente said AIC use the lens of “infrastructure ecosystems” currently acting on the following spaces: airports, passive telecommunications infrastructure (common towers), water and sanitation to drive economic progress and uplift the lives of every Filipino. It is part of the NAIA consortium that aims to improve the NAIA, and Bohol Panglao International Airport. Regional Gateway AIC said the Laguindingan Airport is a strategic entry point into Northern Mindanao which has experienced tremendous growth over the past years and is progressively catching up with the more developed parts of the country. “As a regional airport serving Northern Mindanao and its adjacent regions, CGY/RPMY  has been serving six provinces, two highly urbanized cities and five component cities with an average of two million passengers annually for the last three (3) years,” said Ma. Teresa R. Alegrio, Region X Governor of the Philippine Chamber  of Commerce and Industry (PCCI), which has been instrumental in pushing for the airport’s immediate expansion.  “Laguindingan Airport has become an important logistic network for over 150 medium to large scale industries including four major thermal power plants, the Agus-Pulangi Hydroelectric Complex. 3 industrial parks, and emerging tourism destinations,” Alegrio noted.  “Our proposal to the national government is to run the Laguindingan International Airport including operations, maintenance, rehabilitation, and expansion over a 35 year concession,” Reverente said. “Our plan is to spend initially P4.2 billion pesos to expand the airport; and a total of P43-billion pesos over the concession period half for repairs/capital expenditure and the other half to maintain a high state of readiness of the capital assets,” he added. Immediate Expansion Reverente said the first phase of their plan calls for the immediate expansion of the terminal building. “It is not in our best interests to construct it over a long period of time. We will want to finish it as soon as possible, so we can have that capacity readily available. We prefer to build it in phases. An integrated PPP approach that allows us to build and operate the airport is the right combination so the P43-billion we would like to invest into the expansion  and maintenance,” he said. It’s one thing to build the infrastructure but another thing to maintain its operational readiness over the entire concession period, he stressed. Passenger Traffic Growth When it started operations in 15 June 2013, air passenger traffic at the Cagayan de Oro Lumbia Airport that Laguindingan Airport was designed to replace had already exceeded the 1.6 million design capacity of the new passenger terminal building (PTB). “To put it bluntly, the replacement airport was congested upon opening,” said a former DOTC official involved in its planning. When the passenger traffic exceeded 2 million annual passengers last year, the need for a larger terminal that could accommodate the current and expected passenger volume over the medium term became urgent and critical. On a year-on-year basis alone, the Civil Aviation Authority of the Philippines ( CAAP) figures for the past 10 years show passenger traffic at the Cagayan de Oro Lumbia Airport increasing at an annual rate of 8.7% from 902,133 in 2008 to 2,079,683in 2018 (doubling passenger volume every 8.5 years). The 11% increase in the number of flights from 2017 to 2018 (17,478 aircraft takeoffs and landings) was mainly responsible for the meteoric rise in both passenger and cargo movements.  “We expect passengers to rise from 2 million to almost 12 million over the 35 year concession period,” Reverente said. AIC Vision 2022 In his presentation, Reverente unveiled digital renderings of AIC’s Proposed Master Plan and how the CGY/RPMY airport would look by 2022 after the initial expansion phase. “For the first phase we plan to expand the existing terminal left and right to increase capacity to about 4 million passengers per year.  After initial expansion, passenger boarding bridges will be expanded to 5 from the present 3,” Reverente said. “Even without international flights and larger airplanes, the passenger terminal is not big enough so our first task is to expand the passenger terminal. We believe building the terminal first to accommodate the projected passenger traffic over the short term is the better use of capital at the start. When there are more passengers coming through the airport, then the next step is to extend the runway to accept larger aircraft which normally are required to fly longer distances.” Ultimate master plan will expand airport terminal to be able to accommodate up to 20 aircraft at any given time.  “Pre-departure and arrival areas, includes digital signage so check in counters are flexible and can be expanded or reduced depending on the number of flight departures for any given airline at any given time to expedite check in process.” Runway Extension However, DOTr Sec. Arthur Tugade announced last 15 July the proposed extension of the 2.1 kilometer runway to 2.4 or 2.5 kilometers is proceeding as planned. Tugade said the P250-million (M) budget for this project is already included in the 2020 National Expenditure Plan (NEP), which Congress wants approved before the year end. This was part of the Feasibility Study expansion proposal endorsed by the Regional Development Council for Region 10 (RDC-X) and approved by the NEDA Board in 2014. Rising Cargo Traffic The runway extension is also expected to address the recent growth in air cargo traffic which soared 44% from 2017 to 25,366 metric tons (MT) in 2018. Another factor expected to increase cargo traffic is the 105-hectare (ha.) Laguindingan Technopark now being constructed adjacent to the airport as part of Ayala Corporation’s Habini Bay mixed-use development covering Laguidingan and the adjacent municipality of Alubijid. Aboitiz InfraCapital Vice President for Finance Jose Emmanuel Reverente presents a rendering of their vision for the expanded Laguindingan Airport by 2022 under their P42.7 Bilion unsolicited proposal During a previous visit, executives of German logistics giant DB Schenker said such technoparks are expected to “drive massive airfreight” similar to what the Ayala’s Laguna Technopark did in Luzon. “If the runway is already extended, it is even more important for us to expand the passenger terminal. Our plans also include the refurbish and expansion of the cargo terminal. We believe if the airport is run as a commercial enterprise, we will be able to respond much more swiftly to changes in the economic environment without having to go through a multi-year NEDA process,” Reverente noted.   “As a private enterprise, Aboitiz will help market Northern Mindanao as a destination globally to assist marketing efforts of Dept of Tourism , DTI and other government agencies increase passenger and cargo traffic to Laguindingan Airport,” he added. 2020 DOTr Aviation Sector Budget During the recently concluded 28th Mindanao Business Conference, Cabinet Secretary Karlo B. Nograles confirmed DOTr had proposed  funding for the aviation sector amounting in the 2020 budget to P865 million for the development of airports and the upgrading of airport facilities. “Of this figure, P100 million will be allocated for the development of Laguindingan Airport. For the Surigao airport, based on the latest inspection, we believe we will be able to meet the November 2019 completion target for the initial 400-meter repair, and the full 700-meters by February 2020,” he added. DOTr will reportedly utilize the P100 million to start detailed engineering works and much needed repairs on the Laguindingan Airport as part of the P2.9 billion augmentation budget to fund its priority projects, including the development of four airports, the construction of the Pagasa Island port, and the implementation of the public utility vehicle modernization program. The DOTr originally allocated P400-million (M) for the terminal building expansion of the Laguindingan Airport, but this was reduced to P180-M, then again halved to P90-M, before being slashed altogether by the Department of Budget and Management (DBM) from the 2019 General Appropriations Act (GAA). However, the business sector lobbied strongly for the restoration of the reduced budget and the P90-M was eventually restored through a Congressional Initiative by Rep. Juliette Uy (2nd District, Misamis Oriental). Sources at the DOTr said a portion of the P90-M would be used for the Detailed Engineering (DE) of the proposed expanded passenger terminal building. The bidding process for an independent consultant to undertake the DE is now being processed and the contract is expected to be awarded by the latter part of 2019. The balance of the P90-M would used to rehabilitate dilapidated portions of the terminal building such as the comfort rooms. Even if the original P90-M would already be used up, expansion of the PTB would still continue with the proviso the funds used for this purpose would be reimbursed to the national government by the winning bidder for the PPP project to develop and expand the airport faculties. ”While we appreciate the P90M Congressional Initiative Fund restored by Rep. Juliette Uy, this amount is barely enough to refurbish the dilapidated areas including the poorly designed comfort rooms and malfunctioning elevators,” said Engr. Elpidio M. Paras, president of Promote Northmin Inc.  “Government should now fast track the entry of private sector companies to expand and improve all the facilities of Laguindingan so that it can already accommodate direct flights from regional and international destinations, including lengthening the runway to meet wide body jet aircraft,” he added.

READ MORE
DOTr Allocates P100M for Laguindingan Airport Expansion in 2020 NEP

September 23, 2019

The Department of Transportation has allocated P100 million (M) for the expansion of the Laguindingan Airport ((IATA: CGY, ICAO: RPMY) in Misamis Oriental in the National Expenditure Program (NEP, or Budget) for 2020. This was confirmed by Cabinet Secretary Karlo B. Nograles during the recently concluded 28th Mindanao Business Conference in Iligan City. “For the 2020 budget, the DOTr proposed funding for the aviation sector amounting to P865 million for the development of airports and the upgrading of airport facilities,” Nograles said. “Of this figure, P100 million will be allocated for the development of Laguindingan Airport”. “The Laguindingan Airport Original Proponent Proposal is undergoing NEDA vetting and we believe that this will soon be approved,” he added.  DOTr previously allocated P90-M under its 2019 budget for the procurement of consultancy services for the preparation of detailed engineering and design for the expansion of the passenger terminal building. The Philippine Chamber of Commerce and Industry in Region X (PCCI-X) and its affiliate chambers and organizations passed a resolution a year ago requesting DOTr Sec. Arthur Tugade to prioritize the development and expansion of Laguindingan Airport within the next five years (2019-2023).  “Actually, DOTr’s response was to re-open the proposed expansion project to a Public-Private Partnership (PPP),” said Ma. Teresa R. Alegrio, Region 10 Governor, of the PCCI which spearheaded the resolution.  “Aboitiz InfraCapital Inc. (AIC) has been granted the Original Proponent Status (OPS) by the Civil Aviation Authority of the Philippines (CAAP), and the NEDA Investment Coordinating Committee (NEDA- ICC) is currently reviewing the revised proposal including the new budget of P42.7-Billion (B).  Next step is for NEDA Board to finally approve the proposed expansion, then subject it to a Swiss Challenge within 30 days,” she added. The resolution was signed by the chambers of commerce and industry of Cagayan de Oro, Iligan, Kaamulan (Bukidnon), Ozamiz and Marawi, the Cagayan de Oro Chamber of Industries (COCI), Cagayan de Oro Hotels & Restaurants Association (COHARA), Misamis Oriental Filipino-Chinese Chamber of Commerce and Industry (MOFCCII), Cagayan de Oro Filipino-Chinese Chamber of Commerce and Industry, PhilExport 10, Oro Bankers Association, CDO ICT Council and Cagayan de Oro Travel and Tours Association (COTTA).   Executive Order (EO) 230 (Reorganizing the National Economic and Development Authority) established the inter-agency Investment Coordination Committee (ICC) as one of the committees under the NEDA Board engaged in rationalizing national public investments and expenditures. The PCCI-X resolution noted that the original proposal to improve the capacity and operations of the Laguindingan airport included upgrading the facilities /equipment  to conform to international standards, specifically, the operations and maintenance (O&M) of the Airport along with the expansion of other necessary facilities and support infrastructure. The Laguindingan Public Private Partnership (PPP) Project aims to upgrade the current facilities of the Laguindingan Airport such as expansion of the Passenger Terminal Building (PTB), apron and runway extension, and improvement of existing airport facilities to support safer aircraft operations, increased passenger and cargo traffic, and capacity expansion. Originally, the project was included as one of the five Regional Airports Public-Private Partnership (PPP) Projects of the DOTr and CAAP. However, the NEDA Board approved the proposal of the DOTr  in 2016 to unbundle the five airport projects that were approved by the NEDA Board in 2014 under PPP scheme. The rationale for the proposal is to expedite early completion of PPP selection and awarding. Aboitiz InfraCapital (AIC) submitted to DOTr in 13 August 2018 an unsolicited proposal for the Upgrade, Expansion, Operations, and Maintenance of the Laguindingan Airport. The proposal was submitted to NEDA-ICC Secretariat for review which subsequently required AIC to revise it using the Operating and Maintenance (O&M) contract it awarded for the Clark International Airport. “Because of the NEDA-ICC wanting us to copy the O&M contract from Clark, we basically had to start from square one, rewrite the entire contract; we have submitted it to the CAAP, they have approved it, and it is now being reviewed by the Department of Transportation (DOTr) before submission to NEDA ICC,” said Jose Emmanuel Reverente, VP-Aboitiz InfraCapital, Inc. (AIC) during a presentation during the 28th Mindanao Business Conference held recently in Iligan City. “Since we have copied the Bohol Panglao Airport proposal that has been approved by NEDA ICC Technical Committee, we are optimistic the revised Laguindingan contract will go through much faster,” he added. “We are very hopeful by the end of this year, the contract can be awarded to us after the Swiss Challenge process.” For the 2020 National Expenditure Program (National Budget) CAAP  proposed a budget of P150-M for the extension of the existing airport runway by 300 meters from 2.1 to 2.4 kilometers to comply with requirement for its night rating. However, this has been reduced by DOTr to P100-M as announced by Nograles during the 28th MinBizCon. The scope of the expansion for the Laguindingan Airport would be implemented through the PPP modality in accordance with the approved plan covering the expansion/construction of new passenger terminals, along with all associated infrastructure and facilities as per applicable standards. The scope of works also cover the installation of all the required equipment and associated facilities as per ICAO standards such as the provision of required works with respect to the existing terminal, along with all  associated infrastructure and facilities to handle operations until the development of the new passenger terminal; O&M of the passenger terminals (new and existing) during the entire concession  period; and enhancement/development of airside facilities to meet the enhanced scale of operations at the airport over the required duration; and O&M of all enhanced airside facilities, including, the apron, runway and taxiway.  Earlier,  the NEDA Board approved  in 20 July  2014 the expansion of the Laguindingan airport in three  phases: 2015-2017 (Phase 1) , 2024-2026 (Phase 2) and 2033-2035 ( Phase 3) under a PPP) modality valued at P14 billion (B) to include the development, operation and maintenance of the airport.  On January 24, 2017, an Invitation to Pre-Qualify and Bid for the development and O & M of the Laguindingan Airport was posted in the DOTr, CAAP and PPP center websites. However, on May 22, 2017, DOTr through its General Bid Bulletin 04-2077 addressed to the Pre-Qualification Bids and Awards Committee, advised all prospective bidders that the government had decided instead to pursue the expansion and augmentation of the Laguindingan airport using Official Development Assistance (ODA) or General Appropriations Act ( GAA) funding. But DOTr made another turnaround when it informed the Regional Development Council Region X (RDC X) Council on May 28, 2018, that the O & M would  again be undertaken through PPP. Then in June 2018, CAAP informed RDC-X it had allocated P181.125-million for the expansion of the Passenger terminal building. Despite this, the expansion of the cargo building, runway and other facilities was not specified.  In response, the private sector led by PCCI-10 requested DOTr to prioritize the expansion of the Laguindingan Airport by including in its budget allocation for 2019, the construction of a new passenger terminal and cargo building, enhanced airside facilities, including the apron, runway and taxiway within the next five years.    The resolution also stressed the urgency of fast tracking of a new Operations and Maintenance ( O&M) service contract thru the PPP scheme , even as DOTr and CAAP remain responsible for the air traffic, control and air navigation facilities provisioning and operation.

READ MORE
Cebu Pacific Air Cargo continues digital transformation with SmartKargo

September 19, 2019

Cloud-based solution powers apps, kiosks to streamline customer experience MANILA, PHILIPPINES – Cebu Pacific Air (PSE: CEB) has renewed its contract with QuantumID Technologies to ramp up SmartKargo for CEB Cargo.  The partnership will continue the cloud-based real-time management of CEB’s air cargo business using the advanced SmartKargo operating system.  The largest Philippine carrier has utilized the innovative Software as a Service (SaaS) solution to empower customers with real-time shipment information and advanced tools such as mobile apps that streamline customer experience via kiosks at the warehouse. The mobile app has also allowed CEB Cargo to enable its clients to manage their shipments end-to-end, from booking to destination. In addition, SmartKargo has helped CEB manage and integrate new dedicated cargo capacity into its fleet. “The SmartKargo Cloud solution has equipped CEB Cargo with the advanced digital tools to run our business,” said Alex Reyes, Cebu Pacific Vice President for Commercial. “We are very pleased to continue the partnership, and look forward to sustained growth that SmartKargo has enabled.” Enhanced capabilities of SmartKargo allowed CEB Cargo to provide paperless Airway Bills (e-AWBs), and ease of booking for CEB Cargo agents and customers by allowing single-screen data entries.  In addition, the solution provides simplified pricing and rate-making capabilities; real-time capacity management; user-configurable business Intelligence and reporting; and integrated Cargo Revenue accounting. The platform supports streamlined participation with partners doing e-commerce—facilitating B2B or B2C door-to-door operations via mobile applications as well as third party integration. “We at SmartKargo look forward to continue providing CEB Cargo with solutions and tools to grow their business,” said Jay Shelat, Executive Vice President at QuantumID Technologies. “We are happy and grateful to be working with an outstanding team of cargo professionals and excellent leadership.” Cebu Pacific was the first Asian carrier to adopt the SmartKargo Cloud platform in 2013.  About Cebu Air Inc. (PSE: CEB) Cebu Air Inc., operating as Cebu Pacific, is the largest carrier in the Philippine air transportation industry, offering its low-cost services to more destinations and routes with higher flight frequency within the Philippines than any other airline. Together with subsidiary Cebgo, CEB flies to 37 domestic and 26 international destinations with over 100 routes spanning Asia, Australia, the Middle East, and USA. The Cebu Pacific fleet is comprised of two (2) Airbus A320NEO, two (2) Airbus A321NEO, seven (7) Airbus A321CEO, 33 Airbus A320, eight (8) Airbus A330, eight (8) ATR 72-500, and 13 ATR 72-600 aircraft. The ATR aircraft are used by Cebgo for inter-island flights where jet operations are not possible. CEB has received its first ATR freighter in August 2019, to provide bespoke cargo services within the country. CEB boasts of one of the youngest fleets in the world, with an average fleet age of five (5) years. For bookings and inquiries, guests can visit www.cebupacificair.com. The latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook pages. About SmartKargo The SmartKargo end-to-end platform has robust mobile applications and advanced technologies such as real-time information, business intelligence, mobile apps, and machine-learning capabilities–while providing quick and seamless integrations with an airline’s current or future systems via APIs, for fast deployment and integration. The end-to-end technology is an extension of the SmartKargo Cloud SaaS solution that is built upon the world’s leading global cloud infrastructure, Microsoft Azure. SmartKargo Cloud provides ease-of-use and instant access to shipment information for all members of the value chain. Azure is the world’s leading cloud platform that supports our robust mobile applications. For more information visitwww.smartkargo.com

READ MORE
Sip a cup of great coffee with Great Taste White’s new flavors

September 19, 2019

Coffee lovers have more reasons to indulge in a delicious cup anytime and anywhere as Great Taste White offers its latest variants to delight the craving of avid coffee drinkers. Whether it’s for starting the day right or for quick pick-me-ups in the middle of the day, the new Great Taste White Caramel and Great Taste White Crema are bound to satisfy the busy and always on-the-go Filipino. Fans of sweet and aromatic coffee can find themselves enjoying Great Taste White Caramel. It offers the perfect mix of roasted coffee and cream with hints of luscious caramel, blending a sweet linamnam for everyday coffee fix. For a more flavorful and full-bodied coffee experience, Great Taste White Crema combines the real coffee taste with rich vanilla cream for a creamy linamnam that is reminiscent of everyone’s favorite latte. These two new variants, and the original Great Taste White coffee mix, come in a fresh and attractive new packaging. Singer and actress, Janella Salvador, joins Great Taste (White) as its newest ambassador in bringing amazing everyday experiences that start with great coffee. She shares, “I am absolutely ecstatic to be a part of this big family. It feels good to endorse a product you enjoy and personally, I love Great Taste White Caramel because it is sweet and creamy – just like how I prefer having my cup of coffee!”  A trailblazer in the instant coffee industry, Great Taste continues to brew new experiences for Filipinos – from being the first to introduce white coffee mix, first twin pack size, and first re-sealable pouch, among others. Tikmanangsarap ng tamangtimpla with Great Taste White Caramel and Great Taste White Crema. These two new exciting variants come in 30g and 50g sachets, for only 6.05 (SRP) and  9.70 (SRP) respectively. Grab these in sari-sari stores, groceries and supermarkets nationwide. Stay updated on Great Taste’s latest offerings by following Great Taste Coffee on Facebook (@GreatTasteCoffeePH) or visiting Universal Robina Corporation’s website at www.urc.com.ph.

READ MORE

Subscribe Now!

Receive email updates from Mindanao Daily News.