Finally, I was able to positively identify this beautiful yet potentially harmful plant growing in our front yard. All I knew was that the plant grew from a cutting that came from Davao. Thanx to the kind folks at the forums of gardenweb.com, I learned that the plant is of the genus Pereskia (leafy cactus). From that lead, I searched the web and found the plant to be Pereskia Bleo, also known by esoteric names such as Rose Cactus or Wax Rose.

Saying it's "potentially harmful" is a bit of an understatement, however. "Vicious" as one blogger described it is more apt.
The plant itself is unremarkable except for the needle-like vicious thorns that line the vertical shaft of the stem. It's almost impossible to handle the plant without getting pricked. Just look at one thorn jutting out under the flower in the photo above.
The plant is very easy to propagate with cuttings. Here's an entry from desert-gardens.com:
Pereskia bleo
Scientific Name: Pereskia bleo (Kunth) DC.
Synonym: Pereskia cruenta, Pereskia panamensis, Rhodocactus corrugatus, Pereskia corrugata, Rhodocactus bleo, Cactus bleo
Family: Cactaceae
Minimum Avg. Temperature: 50°F (10°C)
Sun Exposure: Morning sun or bright shade
Origin: Panama and Colombia
Watering Needs: Enjoy some humidity in the air. They need good drainage, but the soil should stay moist in summer. Keep drier in winter.
Propagation: Contrary to other cacti, this plant is not succulent, and the cuttings should be planted in a moist soil mixture immediately instead of being left to dry out a couple of days.
Below is a closeup of the flower with a bug caught savoring the nectar.

Anyway, when we have visitors at home, I can now say without hesitation that it's a Rose Cactus and no longer "a plant from Davao".
The Rose Cactus exhibits
flower color changes due to change in temperature.
Note: NONE of the photos above were digitally enhanced.