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Pueblo de Oro's Exclusive Lifestyle Community | Life as Good as Gold

October 22, 2019

Pueblo de Oro Development Corporation presents its latest project offering, The Grove at Pueblo Golf. The Grove is an exclusive boutique community of homes surrounded by greens. The light-filled living spaces are crafted with your comfort and style in mind. With average lot sizes of 88 to 132 sq.m. and floor areas of 90 for inner units and 101 sq.m. for end units, this horizontal condominium development has a low density of only 92 townhouse units. The Grove is a 1.6-hectare project completely surrounded by the greens and open spaces of Pueblo de Oro golf course. It is made up of two-storey residential townhouses with an Asian Modern design aesthetic. The condominium units were designed to provide light-filled living spaces crafted with comfort and style. Because the access road to The Grove is directly connected to Masterson Avenue, residents will get to experience leisurely living in a location within easy reach of life’s conveniences. Moreover, because it is located on a plateau 125 meters above sea level, the area is virtually flood-free. The Grove is part of the 400-hectare Pueblo de Oro Township, a master planned community in Uptown Cagayan de Oro City composed of several upscale and exclusive residential subdivisions, reputable educational institutions such as Xavier University (Ateneo de Cagayan) and Corpus Christi School, the par-72 championship Pueblo de Oro Golf & Country Club, and the St. Francis Xavier church.

Friendship and Faith: IDC Support’s Higalaay Festival 2019

September 2, 2019

Higalaay Festival is the annual fiesta celebration of Cagayan de Oro commemorating the feast day of St. Augustine who is the patron of the city and is a month-long celebration from the first day of August up until the end of the month. In this year's event, IDC participated as a major sponsor during the Higalaay Festival in the person of Mr. Giovanni Gusella, IDC's Senior PR Manager Mr. Gusella was invited to be one of the judges during the festival's parade last August 27, 2019. "It was my first time to participate at The Higalaay Street Parade and Floats, and I was quite impressed to see how well organized was the parade with 138 contingents participating among which city's educational institutions, civic groups, fraternities and sororities, establishments and more," said Mr. Giovanni Gusella, IDC Senior PR Manager. From the Bisayan word “higala”, “Higalaay” actually means “friendship”. Thus, Higalaay Festival implies “Friendship Festival, true to being “The City of Golden Friendship”. Higalaay Festival was formerly known as Kagay-an Festival until the year 2014 when the city administration was modified. Italpinas had been partnering with the City Government of Cagayan de Oro since the commencement of its first development the Primavera Residences. It has been IDC's long-standing tradition to support the city in all ways possible.  "It is my pleasure and honor to be a member of the board of jurors, given the unique opportunity of judging the best 3 floats, among the 8 competing floats in this years competition.  The floats were artistically done. All of them tell the story of the rich heritage of the city. I was learning more about the culture of Cagayan de Oro while judging, it was such a unique and enjoyable experience" he added. The “Giant Motorela” Uni Writing Instrument won the grand prize. Motorela came from the word “Caretella” which is one of the most common vehicles right now in Cagayan de Oro now became the face of transport in the city. The Motorela is an iconic Kagay-anon vehicle, invented by Rafael D. Floirendo, Sr . The Motorela roamed the streets of Cagayan de Oro since the 60’s and has became a favorite icon of the city. The second place of the Higalaay float parade is from Support Zebra on their "Giant Oro Fish". While the 3rd place won by the Del Monte Philippines Inc. with their Del Monte’s Pineapple Cannery design.

JLL Reveals PH Philippine Property Market Will Remain Vigorous for the second half of 2019

August 14, 2019

JLL’s thorough research and expert analysis includes the 2ndQ 2019 Metro Manila and Davao property markets.  And based on JLL’s comprehensive study, the state of the Philippine real estate industry remains dynamic- and poised to attract more investments in the ensuing months.   METRO MANILA PROPERTY MARKET OVERVIEW (2Q19)   OFFICE PROPERTY MARKET  SUPPLY An estimate of 156,100 square meters of office space was added to the total stock owing to the completion of eight (8) buildings, bringing in the aggregate supply added for 2019 to 336,700 square meters of office space. Development completions in 2Q19 are spread in several locations across the districts of Metro Manila within the Cities of Makati, Muntinlupa, Paranaque, Pasay, Quezon and Taguig. The biggest of this development is MWM Terminal Inc.’s PITX Tower 4 in Paranaque City, which spans 19,200 square meter. This is followed by Double Dragon Center West with 17,600 square meters; 100 West Building in Filinvest Makati with 14,300 square meters and SM City Fairview Tower 1 with 12,600 square meters. As of 2Q19, total supply of office spaces from Grade B to A developments approximately totals to 8.1 million square meters of office space with the majority located in Taguig City followed by Makati City backed by the presence of established CBDs – Makati and Bonfiacio Global  City (BGC). The high demand and concentration of office developments has spilled to its fringe areas with the presence of Mckinley Hill and Mckinley West in Taguig City and office developments rising along Chino Roces Avenue and other townships. DEMAND               Metro Manila maintained a manageable vacancy level at 6% amid continuous additional office spaces from development completions. Taguig City holds majority of the office spaces untenanted as majority of the recent development completions are in BGC. Coming in second is Makati City, followed by Quezon City. Offshoring and Outsourcing (O&O) remain as the major demand driver, taking-up approximately 128,100 square meters of office space in 2Q19. For the whole of 1H19, around 181,000 square meters of office space was absorbed by O&O firms. However, there has been a slow q-o-q take-up of office spaces from O&O firms in Metro Manila as they have expanded more in the provinces, owing to the limited PEZA approvals for IT centers especially in Metro Manila. In 2Q19, only two buildings were granted PEZA accreditation with one located in Taguig City and the other in Iloilo City. Moreover, the government’s Administrative Order No. 18 for 2019 imposes prohibition of reviewing and granting PEZA applications for properties located in Metro Manila to allow the creation of more special economic zones in the provinces.  Online Gaming remains the second top office space occupier in the whole of 1H19 leasing a total of 160,000 square meters of office space in Metro Manila with around 119,200 square meters of office space transacted in 2Q19. For the said quarter, a POGO leased a whole building in Quezon City with a Gross Leasable Area (GLA) of 10,400 square meters and also leased significant amount of office spaces in two buildings within Paranaque City. As of June 2019, 56 POGOs have been registered with PAGCOR. Pharmaceutical companies came as a surprise as a major demand driver to leased office spaces in 1H19, taking up an estimate of 45,100 square meters mainly due to their expansions within Metro Manila. Fourth top office space occupier for 1H19 are flexible workspace operators leasing 14,400 square meters of office space in Metro Manila. Major foreign and local operators remain to be aggressive in their expansion plans and are seeking to increase footprint both in CBD areas and secondary business hubs. In 2Q19, WeWork opened its second facility in the country at RCBC Plaza in Makati CBD. RENTS            Makati City remains to have the highest quoted rent mainly due to the presence of Prime Office buildings within Makati CBD. Limited available office supply in Makati CBD, robust demand, and presence of prime office buildings pushed landlords to command higher rents. Next would be Taguig City due to robust space demand in BGC with up-to-date building facilities. On the other hand, buoyant occupancy from online gaming in the Bay Area pushed rental rates further.             Meanwhile, asking rents of developments to complete from 2H19-2022E are close to the range of rents of existing developments with Taguig City leading the higher end of the spectrum due to more construction of Grade A developments in BGC. Buildings that are registered with USA’s LEED (Leadership in Energy and Environmental Design) or the Philippine Green Building Council’s BERDE certifications have been influencing the increase in value of rents due to quality technology and equipment used for buildings to be environmentally sustainable in the long run.   RESIDENTIAL CONDOMINIUM PROPERTY MARKET SUPPLY More than 2,000 units are completed in 2Q19, mostly coming from Makati City and Taguig City. The latter half of the year is expected to deliver around 35,500 units more, recording a peak, should there be no construction delays. Makati City and Quezon City house majority of both existing and future condominium supply. Growth is noticeable in Pasay City in the next three years due to the uptick of investments in Bay City. SM Prime Holdings, Inc. holds majority of both existing and future supply, on the back of being the lead contributor in various cities, particularly Pasay City where more than 90% of the pipeline belongs to the developer. DEMAND Average vacancy rate in Metro Manila is recorded at 2%, with Pasay City and Paranaque City pulling down the rate due to online gaming tenants, while employees and students drive the leasing activities for Makati City and Quezon City. A solid preselling market in Metro Manila is observed, evident from high sales take-up figures of future developments. Paranaque City is lagging behind other districts, primarily due to a large number of available units in a development located in the city’s outskirts. Another demand driver comes from the leasing market. The leasing market for upper-mid to luxury developments source demand from corporate housing needs of expatriate employees of O&O firms, MNCs, and embassies. Additionally, local and foreign high-net worth investors continue to drive the sales market for upper-mid to luxury developments – with the purpose of either renting out the units or flipping them upon capital appreciation. Meanwhile, individuals that make up starting families, young professionals, and upgraders make up the end-user demand profile of mostly mid-range developments.   RENTS AND SELLING PRICES The strong leasing market, driven by expatriate employees, stimulated rents in Makati City and Taguig City, becoming the highest across districts. On the other hand, rents in Pasay City and Parañaque City are influenced by healthy demand from online gaming employees. As far as selling prices go, Makati City commands the highest prices for both existing and future supply, while prices in Paranaque City have continuously gone up, evidenced by the prices of future supply, due to the large interest in Bay City.   RETAIL PROPERTY MARKET SUPPLY               Total existing stock as of 2Q19 stood at 6.5M square meters. Quezon City leads all markets with a share of 27%, followed by Manila City and Pasay City with 13% and 11%, respectively. Forecast supply to add 673,500 square meters (2019E-2022E) with Paranaque City cornering majority of the future stock at 29% (Ayala Malls Bay Area – 192,000 square meters). DEMAND Average vacancy registered at around 3.0%, with Taguig City market posting strong occupancy (at around 98%) and Pasig City having the highest vacancy (at around 8-9%) due to the expansion of The Podium. F&B brands continued to lead the retail demand. Some of the new foreign Food and Beverage (F&B) brands that entered in 2Q19 are Shake Shack in Central Square in BGC, Original Cake in SM San Lazaro, Famous Amos in S Maison, and Taiwan’s One Zo in Promenade Food Court Greenhills. F&B brands that expanded during the quarter include Tiger Sugar, Botejyu, J.Co, Soban, Pound by Todd English and Pho Hoa. Fast fashion brands in the like of clothing and apparel, shoes and bags also dominated the retail market in 2Q19. Known brands that had expansion include Parfois, Charles and Keith, Onesimus, Ever New, Terranova, Superga, and Daniel Wellington. Several skincare brands, especially Korean brands opened in 2Q19. Known brands include The Saem, the Face Shop, and Innisfree. As part of re-entering the Philippine market, Innisfree opened second branch in SM Megamall.   RETAIL RENTS Average rentals range PHP 1,100 to 2,700 per square meter per month.   HOSPITALITY PROPERTY MARKET SUPPLY                 One hotel opened in 2Q19, providing an additional 93 rooms to the total hotel stock, specifically in Manila.  1H19 additions are at 486 rooms, brought upon by Sheraton Manila City and Hotel Lucky Chinatown. 2H19 is expected to bring an additional 4,800 rooms to the market, pushing up stock to over 41,000 rooms. Key hotels are multiple Red Planet hotels, Aruga by Rockwell Phase 3, Dusit D2 the Fort, multiple Seda developments, Novotel Manila, Hotel Okura, and Park Inn North EDSA. Succeeding years look to taper off, with significant increase in stock in Paranaque, Makati, Quezon City, and Taguig. The bay area (Pasay + Paranaque) and Makati take up majority of hotel stock, with future supply still dominated by the three cities.   DEMAND AND ITS DRIVERS Paranaque commands highest occupancy, brought about by strong pull of casino gamers and supplemented by its location near NAIA, pushing occupancy to above 90%. Other areas are seen to have occupancy within the 70 to 80% range. Makati and BGC, meanwhile, remain a strong business/ corporate, as well as MICE destination. In Quezon City, demand is driven mostly by MICE events from local companies and government. ROOM RATES Based on Deluxe room category rates, Manila City and Muntinlupa City hold the largest price per room because of The Manila Hotel and Crimson Hotel. Taguig room rates start at 11,000 because of the more upscale nature of hotels in the city and the profile it commands, specifically in BGC.   DAVAO CITY PROPERTY MARKET OVERVIEW (1H19)   OFFICE PROPERTY MARKET SUPPLY Total supply is at 220,000 square meters. Full take-up is noted for all Grade A/PEZA accredited office spaces except for Davao Finance Center, which was only completed by the end of 2018. A total of 87,000 square meters coming from 7 office building projects is anticipated over the next two years.  Developer share is spread across developers with Plaza de Luisa Development Corporation leading the market with 15% of office stock.     DEMAND Main demand drivers are O&O firms. A slowdown in take up was noted in 2017 and early 2018 due to the declaration and extension of martial law. However, a firm from the O&O industry took up majority of available supply in 4Q 2018. PEZA accredited projects are already fully occupied. Flexible workspaces are noted, with Regus having two offices and Skynora locating in Davao City last 2018. Davao Finance Centre started out slow, but has since reached around 50% in 6 months of operations. Strong office market take-up is anticipated. O&O expansion is foreseen as the main driver moving forward, supported by the large, healthy labor pool of skilled workers in Davao City. There is very high demand for PEZA approved office buildings as current PEZA stock is at 0% vacancy. Upcoming supply is still low and is a good opportunity for developers to take advantage of.   RESIDENTIAL CONDOMINIUM PROPERTY MARKET SUPPLY Total supply at 6,900 units, but is expected to increase to 21,300 units by 2022, driven by continuous expansion of existing residential projects and large pipeline from new entrants in Davao City. Current market leaders are the Ayala group and Filinvest Land Inc. Leader for market share of future units are SMDC with their massive Lane Residences development bringing in a total of 3,700 units. Following them are Filinvest Land Inc. which already has multiple projects and Cebu Landmasters Inc. which is venturing into three township developments. DEMAND Main demand drivers are local HNWIs, with OF Workers purchasing as well. Developments are mostly multiple tower mid-rise condominiums, with high rise condos gravitating towards the stretch of JP Laurel and the Poblacion District. Large jump in residential supply (6,900 units to 21,000 units). Main drivers will still be HNWIs, OF workers as secondary market. Condos primarily for investment purposes, has potential adaptation of condos into condotels/BnBs with the strong hotel sector.     RETAIL PROPERTY MARKET SUPPLY Total stock is currently at 865,000 square meters GFA, dominated by SM Prime, with 31% share and DSG Sons, with 22% share. Cebu Landmasters Inc. is anticipated to bring in two retail malls as part of their announced townships in Matina. Vista Mall is looking to enter the market in Maa, far from the city proper, with 35,000 square meters of GFA. Developments are gearing away from the downtown and JP Laurel areas because of the already strong presence of SM, Ayala, and DSG Sons in the area. LTS Malls Inc. has an upcoming redevelopment project along JP Laurel aAvenue as well. DEMAND                 Main demand drivers are expansion from local brands and locators with existing operations in Davao City. Retail development branching outside of the city proper of Davao City. Developers are starting retail projects outside the stretch of JP Laurel and the downtown area (Poblacion), due to high saturation in the said areas. Investors looking to consider retail developments have potential in the surrounding areas of Bajada, Matina, Maa, and Buhangin are anticipated.   HOSPITALITY PROPERTY MARKET SUPPLY 250 additional hotel rooms from two hotel developments within 1H19. Of the total supply, only 1,097 rooms are 4-Star, the rest being 3-star and lower. Forecast supply to reach 6,000 up to 2022, coming from 3 and 4-star hotels. Major supply is expected in the next two years, with 747 more units set for completion in 2019, due to slippages in anticipated hotel completions within 2018, and 663 units in 2020, dominated by the anticipated completion of the 519-room Hotel 101. Cebu Landmasters Inc. and LTS Malls Inc. have announced plans to put up convention centers in their upcoming projects. DEMAND MICE and Business Travelers are the main market drivers, along with local tourist arrivals. Monitoring tourist arrivals in 2018, the only lean month was in January. There is a healthy hotel sector, providing investment potential from developers and hotel operators. LGU provides MICE incentives. Lower-tier hotels are able to achieve high occupancy because of spillover of demand from hotels with convention facilities. Low growth in 4-star hotel rooms and absence of 5-star hotels are seen as opportunities for developer. LGU is looking for convention centers that can accommodate large events, with SMX convention center as the only one that can accommodate over 5,000 pax. There is also potential in reaching and serving the needs and wants of the growing influx of business and leisure tourists from international direct flights to Davao City to supplement the hotel sector.   JLL continues to be optimistic and excited about the future of the Philippine real estate industry and expects the 2nd half of 2019 and beyond to provide many opportunities for real estate stakeholders, that will surely redound to the country’s economic good.

Cagayan de Oro Designers Shine in Habi Kadayawan 2019

August 12, 2019

Three Kagay-anon designers figured prominently in the 3rd Habi Kadayawan Design Competition Final Runway Event and Awarding Ceremony held August 9, 2019 at the Ayala Abreeza Mall Activity Center, Davao City. Patrick Gabutina of Tinabuan Arts & Crafts won the Grand Prize in the Fashion Accessories Professional Category while Shine J. Casiño, a founding member of the Oro Fashion Designers Guild (OFDG) was first runner up in the Luxe Apparel Category.  Chris Gomez of his eponymously named Creative Design based in Burgos, Cagayan de Oro was also a finalist in the same category as Gabutina. Gabutina won P100, 000, trophy and certificate with an opportunity to showcase his designs at the Manila FAME on 17-19 October 2019 at the World Trade Center in Metro Manila. As the Philippines’ premier design and lifestyle trade fair, Manila FAME promotes the country as a reliable sourcing destination for high-quality and design-oriented home, fashion, holiday, and interior products. It supports local small- and medium-scale enterprises and artisan communities by working with local designers to create new product collections and providing a professionally managed platform to present export products to the global market. Manila FAME provides a unique sourcing experience to both local and international buyers with its trademark Filipino hospitality at every touch point. Casiño won P75, 000.00 as 1st Runner up. As one of four honorable mentions in the Fashion Accessories Professional Category received P5, 000.00, certificate and medal. A joint project of the Davao LGUs Kadayawan Executive Committee and the Davao Fashion and Design Council Foundation, Inc. (DFDCFI), Habi Kadayawan 2019 paid homage to the journey of Davao’s 11 migrant tribes across the diverse terrain of their ancestral homes in Mindanao to a newfound home in Davao City. For this year, entries from other parts of Mindanao were invited to showcase their obras to open opportunities for designers across the island to showcase their ingenuity and their global ready fashion designs.  “This will be an opportunity for designers to not only showcase their vision and be guaranteed with a start-up capital but also allow them to bring their vision to Manila FAME, the hallmark of Philippine Design Excellence, through the Manila Trade Expo Pavilion,” said Dodjie L. Batu, Chair, Organizing Committee for Habi Kadayawan 2019 and President, Davao Fashion and Design Council Foundation, Inc. Gabutina’s entry “Purong Bag” was inspired by the head dresses of the tribes of Bukidnon and Davao (Purong means head dress in Visayan) and is made of indigenous materials like hinabul (woven abaca fiber) with tikog (reed grass) fringes, leather straps and carved wood. One of the most respected senior designers from Cagayan de Oro and Mindanao, Gabutina credited his design chops to his mentor and mother, Esmerna Uyguangco Gabutina, who started Tinabuan Arts & Crafts in their hometown in Lagonglong, Misamis Oriental. He also acknowledged Jeanie Palermo, Gangga Ranalan, Monette Sagaral, Marvin Arocho, Jerry Sumangay, and Chris Gomez, who was also a finalist in the same category. Gomez mentored Gabutina on the latter’s award winning design from its concept to its presentation to the judges. He also mentored the Grand Prize Winner during the first Certificate Program on Design Competency workshop held last year at the Capitol University in cooperation with the Department of Trade and Industry Misamis Oriental Provincial Office (DTI Misor), Capitol University Business Incubation Center, and Chris Gomez Creative Design. Gomez is a multi-disciplinary creative and advocate of Sustainable Design. Among his many laurels: Finalist, 2011 National Philippine Art Awards; Grand Prize winner (water-based category) 2012 Metrobank Art & Design Excellence Awards, and Finalist, 2014 Look of Style Awards (British Council/Look Magazine). He is a Product Development Mentor accredited by the Philippine Center for Entrepreneurship, and a Product Design Specialist of Design Center Philippines (DCP). For his part, self-taught fashion designer and stylist Shine J. Casiño is clear eyed on where he wants to bring his fashion ideas following another breakthrough milestone in his journey which includes stops with mentors Melvin Lachica, the late Cesar Gaupo and Avel Bacudio. “I wanna go global. I want to bring the Mindanao Look to the World,” he said in an earlier interview. This would entail modernizing the Mindanao Look focusing on the colorful tapestry of Mindanao’s history and culture, he explains. Mix and match various elements of Mindanao’s various cultures one step at a time depending on his inspiration. Not only for materials, colors but also fashion accessories. For instance for his Habi Kadayawan 2019 entry, Casiño drew inspiration from the Maranao Okir and Langkit motifs  and  made liberal use of the Mindanao Silk being produced in Laguindingan, Misamis Oriental. “Through my fashion ethic I want to highlight the History and Heritage of Mindanao Culture,” he notes. “I love of my city, my hometown Tagoloan, and I am proud of Mindanao’s culture, people and its colors.” Not the least, Chris Gomez’s Ranao Handbag was conceived around the culture of his childhood and design exposure in Lake Lanao. Made from denim, wood, shell, cocoon balls, silk tassels, acrylic gold and beads, it is designed for women who treasure timeless fashion. “The gold aquatic images are inspired by the Lake that symbolizes royalty and prestige. This is my homage to the artisanal skills of the Maranao by bringing their craft to the world,” Gomez shared. “The bag’s hardwood handle inlaid with shell was developed in the town of Tugaya, Lanao del Sur, famous for its brass and wood bauls with shell inlays.” “This design uses raw materials with integrity to arrive at basic modern shapes and forms, the creative process being an experimental journey towards imbuing traditional hand-crafted products with contemporary sensibilities.” “Habi Kadayawan is a good platform for aspiring apparel and fashion accessories designers,” said Gomez, who joined the competition for the first time. “The entry should embody good quality; use materials available in the region represented by the contestant and should have that global look for the international market.” With their impressive showing at Habi Kadayawan 2019, Oro Designers look to be on their way to the wild blue yonder of global fashion. It could be only a matter of time if it hasn’t happened yet. We will keep watch with bated breath and bring you the story when that indeed happens. Congratulations to our winning Oro designers and may your feats galvanize your students to be similarly inspired!  (with inputs from CDODev.Com and photos by Patrick Gabutina and Kadayawan sa Davao) -30-

Laguindingan Airport Expansion on take-off roll

August 7, 2019

CAGAYAN DE ORO CITY – Help is on the way for the increasingly congested Laguindingan Airport in Misamis Oriental. Even as it opened in 15 June 2013, air passenger traffic at the Cagayan de Oro Lumbia Airport it was designed to replace had already exceeded the 1.6 million design capacity of the Laguindingan  Airport’s 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.) Recent growth in air cargo traffic was even more impressive, soaring 44% from 2017 to 25,366 metric tons (MT). 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. The Department of Transportation (DOTr) originally budgeted P400-million (M) for the terminal building expansion, 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). ”While we appreciate the 90M 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. 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, construction of the new 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 Public-Private Partnership (PPP) project to develop and expand the Laguindingan Airport faculties. In a recent report from a national business daily, Aboitiz Equity Ventures (AEV) Chief Financial Officer Manuel R. Lozano said Aboitiz InfraCapital, Inc. (AIC) is currently awaiting approval from the National Economic and Development Authority (NEDA) for its unsolicited proposal to expand the Laguindingan airport. “(The team)’s hope is that it will be done by August. We’ll see. They are regularly in contact with DOTr and NEDA,” Mr. Lozano said. Last February 26, the 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. In a statement, the firm said the P42.7-billion project includes capacity expansion through new passenger terminals, installation of required equipment, and enhancement and development of airside facilities. "The granting of the OPS for the Laguindingan Airport opens up an opportunity for us to play a major role in improving our country's vital gateways. We believe we can be instrumental in connecting our country's local economies, thereby uplifting the lives of Filipinos," Aboitiz InfraCapital chief executive officer Cosette Canilao said. In a related development, 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. The P250-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. Once the expanded PTB and extended runway are completed as planned within the next two years, Laguindingan Airport would be able to accommodate true wide body aircraft such as Cebu Pacific’s Airbus A330-343 which can accommodate 436 passengers and carry up to 70MT of cargo on each flight. This would also enable Laguindingan Airport to receive long haul international flights from Europe, Asia and the Americas within reach of the A330’s range of 13,430 kilometers or 7,750 nautical miles once international flights are introduced. Air passenger and cargo traffic to Laguindingan is expected to boom in the next 3-5 years as the Metropolization of Cagayan de Oro as the Philippines 4th  Metropolitan Center is realized by 2025, covering two cities (Cagayan de Oro/El Salvador) 11 municipalities in Misamis Oriental and Bukidnon. Six more municipalities may join Metro Cagayan de Oro in the future. Nearby big ticket developments such as Ayala Land’s Habini Bay in Laguindingan, the University of Science and Techology’s TechoPark in Alubijid and the imminent construction of integrated steel mills at the Phividec Industrial Estate in Villanueva and Iligan City is expected to further fuel the development boom in the region which accounted for 25% of the P907.2 billion investment projects registered in the Board of Investments (BOI) in 2018, which was the highest in BOI’s 51-year history. Meantime, the CAAP is pursuing the full Night Rating of the Laguindingan Airport by complying with the requisite Air Navigation facilities. Although it has been accommodating night flights since 29 March 2015, the airport continues to operate with night flight restrictions. Allowing airports to operate for longer hours enable them to service more flights, passengers and cargo. The DOTr aims to have all the country's airports to be night-rated by the end of the Duterte administration in 2021. Currently 20 of the country’s 42 airports are now capable of handling evening flights, the agency said. Five more airports are programmed for night rating by the end of 2019. DOTr estimates the upgrading of an airport for night operation costs around P54 and P120 million, consisting of installation of runway lights and navigational equipment.

Hygienix joins Maine Mendoza and Boy Abunda in their fight against world germination

August 5, 2019

And she does it again—Maine Mendoza broke the internet, but this time, with a new partner-in-crime, no other than Boy Abunda himself. As the new faces of Hygienix, the two TV personalities are revealed to be teaming up to fight world germination. Most recently, Hygienix launched the new commercial of Maine and Tito Boy which sparked hilarious and glowing comments from fans and netizens alike. Most even went on to say that the comic-style format was entertaining, attention-grabbing, and one of the best advertising concepts they’ve seen in a while. Both known for their credibility in their respective fields, the two are deemed very credible endorsers because they actually believe and use the products they promote in real life. Maine has relied daily on Hygienix Germicidal soap to make sure she’s clean and healthy when she interacts with her fans on the Eat Bulaga studio and barangays and when she tapes an episode of her weekly sitcom, Daddy’s Gurl. Tito Boy, on the other hand, also uses Hygienix Germicidal soap to make sure he feels clean and fresh before he hosts Tonight with Boy Abunda, The Bottomline with Boy Abunda, and his other hosting and teaching engagements. Unlike most germicidal soaps, Hygienix does not just fight 99.99% of germs, but also leaves the skin feeling moisturized and energized with its non-drying formula and refreshing scent. Meanwhile, the Hygienix Alcohol and Hand Gel Sanitizer are their ideal pocket-sized weapons against germs. With a non-drying formula, they are both tough on germs but gentle on the skin. Maine and Tito Boy also swear by the Hygienix Anti-Bacterial Hand Spray, which comes in convenient spray bottles so they can get their clean on anytime, anywhere. It’s also formulated with moisturizers to keep hands soft and smooth, featuring a fresh scent to get rid of unpleasant odors. With germs everywhere, no one is safe. Which is why it’s not too late! Join Maine and Tito Boy in their fight against world germination and use Hygienix now!


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