OPINION Running through the motions BY ICOY C. SAN PEDRO
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TUESDAY, AUGUST 03, 2021
DAVAO CITY - PHILIPPINES
INDIVIDUALS salvage and sell collected steel bars from demolished houses and establishments hit from road widening in Times beach Purok 24 Barangay 76-A brought by coastal road project. BING GONZALES
ECQ not expected
• But Davaoeños urged to be vigilant as Delta variant already in city BY RHODA GRACE B. SARON
MAYOR Sara Duterte on Monday does not expect the Inter-Agency Task Force to place Davao City under an enhanced community quarantine status like what happened in the National Capital Region. Public should be pre- corded three Delta variant cause our numbers have pared and be consistent in confirmed cases. been the same for the past observing minimum health "Sa pagkakaron (For two weeks, naa ta sa (we standards after the city re- now) we do not see be- are at) moderate risk, we
w w w. m i n d a n a o t i m e s . c o m . p h
do not see the IATF giving a community quarantine status diri sa Davao City na ECQ," she said over the city-operated radio. "But in any event, since we do not know how
the situation will spin diri sa Davao City, especially with the Delta variant we can see all over the world, angay nga mag-andam ta and angay pud na maging consistent ta sa atoang
pag-observe sa minimum health standards para dili musaka atong cases (we should be prepared and be consistent in observing the minimum health stand(
/ ECQ / 10)
TUESDAY, AUGUST 03, 2021
New isolation facility for moderate cases prepared
INDIVIDUALS queue at the comelec offices as voter registration and other transactions resumed. BING GONZALES
BY RHODA GRACE B. SARON
THE LOCAL government here is already preparing another Temporary Treatment and Monitoring Facility (TTMF) for the possible surge of Delta variant cases. For the TTMFs, Mayor 250 beds being prepared could not accommodate. Sara Duterte on Monday right now. "So, atong plan is magsaid for various uses not Mayor Sara Duterte assign ta ug TTMF na didto only for isolation. said they discussed with maghulat ang moderate Currently, the city has the Davao City Covid Task cases para sa ilang decka total capacity of 2,642, Force the need for another ing or line up pasulod sa and 2,186 are used for TTMF for the moderate hospitals," she further said. isolation. There are still cases, which the hospitals "Ang critical dili na
gyud na sila ma-serve sa atong TTMF because kini sila na klase na cases manginahanglan ni sila ug machines," the Mayor added. She said the city already logged 1,005 cadavers assisted for cremation. "And we have ten kabuok naka-line up for
cremation because, unfortunately, they succumbed to COVID-19. So, kanang mga tao dinha sa hospitals nga nanginahanglan ug oxygens, tambal ug kanang mga tao na gina-assist for cremation, these are pieces of evidence to say na tinuod gyud ang COVID-19," she
added. "Nga makaapekto siya sa mga tao and basta daghan ang cases it can lead to daghan pud na deaths." As of July 31, we have 2,690 active cases and our total deaths 1,026 based on the data of the Department of Health.
P35.2-M smuggled cigarettes seized 8 NPA rebels fall in ZAMBOANGA CITY – Troops of the Naval Forces Western Mindanao (NFWM) have seized a shipment of smuggled cigarettes worth PHP35.2 million off Basilan province, an official said on Friday. Rear Adm. Toribio Adaci Jr., NFWM commander, said the shipment was seized on Wednesday night near one of the island villages of Hadji Muhtamad town, formerly known as Pilas group of Islands, in Basilan.
Adaci said the troops of the Naval Task Force 61 composed of Navy Intelligence Operatives and Naval Seals aboard a Multi-Purpose Attack Craft (BA485) were on seaborne patrol when they chanced upon a wooden-hulled vessel, M/L Al-Ayessa, manned by an 18-man crew. The vessel was found loaded with 1,008 master cases of smuggled cigarettes worth PHP35.2 million when the troops conducted a Visit, Board,
Search and Seizure Operations (VBSSO) aboard M/L Al-Ayessa. He said that 793 of the 1,008 master cases are Commando Green cigarettes while the remaining 215 are Commando Red. He said the investigation showed that the vessel came from the province of Sulu and was bound for this city when the troops intercepted the watercraft. The M/L Al-Ayessa was escorted Thursday morning to the Naval Sta-
tion Romulo Espaldon for a joint inspection and inventory. He said the vessel, crew and its cargo were turned over to the Bureau of Customs (BOC) for proper disposition. In Zamboanga City, military and police seized some PHP4.7 million worth of smuggled cigarettes in this city and in the province of Zamboanga del Sur, the region's top cop said on Saturday. ( / P35.2-M / 10)
Caraga police ops
BUTUAN CITY – Some eight of the more than 300 suspects arrested in Friday’s simultaneous police operations by the Police Regional Office in Caraga (PRO-13) were New People’s Army (NPA) rebels. “In our ongoing drive to end local communist armed conflict, PRO-13 also captured eight NPA rebels while another 22 insurgents surrendered to dif-
ferent police units, bringing with them 24 firearms of different calibers,” said PRO-13 director, Brig. Gen. Romeo Caramat Jr. The police operations yielded a total of 71.8 grams of shabu and 38.08 grams of marijuana valued at PHP849,334, 93 loose firearms, and arrest of 302 suspects of various crimes. Aside from the eight ( / 8 NPA / 10)
TUESDAY, AUGUST 03, 2021
BDO earns P21.4-B in first quarter of 2021 BDO Unibank, Inc. (BDO) delivered P21.4 billion in profits in the first six months of 2021 on the back of a strong sustainable earnings stream and normalized provisions. Customer loans remained flat at P2.3 trillion compared to the same period last year. Total deposits grew to P2.7 trillion led by the 13 percent rise in Current Account/Savings Account (CASA) deposits, resulting in a CASA ratio of 84 percent. Net Interest Income (NII) totaled P64.4 billion, with Net Interest Margin (NIM) at 4.06 percent for the period. Non-interest income went up to P29.7 billion, led by fee-based income which grew by 20 percent to P16.1
billion, and insurance premiums contributing P9.2 billion, up by 31 percent. Trading and forex gains normalized to P2.0 billion. Operating expenses grew by four (4) percent at P60.9 billion driven by the 29 percent growth in expenses related to the life insurance business. Excluding the impact of the life insurance business, operating expenses would have increased by only one (1) percent. Total provisions amounted to P6.8 billion as the Bank continued to build up its buffer. This was lower than the pre-emptive provisions booked in the 1H 2020 against possible pandemic-induced
/ BDO / 11)
SEC launches new office for fintech innovation THE Securities and Exchange Commission (SEC) is paving the way for more innovations in the fintech industry to further promote financial inclusion and, at the same time, protect investors and other financial consumers. The Commission on July 30 formally launched the PhiliFintech Innovation Office (PIO), under its Corporate Governance and Finance Department (CGFD), which will focus on the regulation of the use of fintech, or financial technol-
ogy, in the Philippines. The PIO is mandated to reduce gaps in consumer and investor protection tempered by financial inclusion, integrity, and stability through a dedicated focus on the regulation and growth of fintech activities; create better-informed policies for new and existing fintech innovators; and capacitate the SEC with expertise to effectively regulate fintech activities and promote an innovative culture in the corporate sector. “Integral to our mission
of championing the business sector, the capital market and the investing public, is fostering innovation,” SEC Chairperson Emilio B. Aquino said. “Accordingly, the Commission has supported new and emerging business concepts while taking a proactive stance against any excessive risk buildup to ensure market integrity. The PhiliFintech Innovation Office will be at the forefront of building an enabling regulatory environment for fintech, in particular.”
Regulating innovative trading markets and technology-based ventures is part of the mandate of the SEC, as provided under Republic Act No. 8799, or the Securities Regulation Code. The SEC previously supervised the registration and granting of licenses for non- traditional securities and instruments through its Non-Traditional Department, which was later abolished following the creation of the Insurance Commission in 2010.
/ SEC / 10)
Holcim Philippines delivers excellent performance in Q2
HORIA Adrian, president and CEO of Holcim Philippines, Inc.: “Winning with purpose and helping build progress in the Philippines perfectly capture our performance in the second quarter. Aside from delivering outstanding results, we also helped our partners build a greener, smarter, and for all. We continue our efforts to use recycled materials in our plants, having consumed more than 208,000 tons of wastes as alternative fuels and raw materials. “Our Holcim HELPS This was due to the company’s 2021, the company's leaders initiatives on affordable hous- rigorous cost discipline, sus- highlighted programs to deliving, health and sanitation tained operational excellence, er innovative and sustainable benefitted more than 27,000 and improved volumes. The products, more efficient operapeople. We are also making net sales surged by 65% to tions, and stronger customer huge strides in innovation Php 6.9 billion as demand focus to raise business results and digitalization with our and prices recovered with the and positive social and enviEasybuild digital platform rebound in construction activ- ronmental impact. This was now used by 99% of our ity. With these, the company followed by the release of its customers for a better experi- recorded Php 721.4 million first Integrated Annual Report ence in transacting with us in net income for the second aligned with the sustainability particularly in placing orders quarter to reverse its loss in the disclosure standards of the and monitoring deliveries. same period last year. Global Reporting Initiative. Finally, we advanced in our For the first half of 2021, The company reiterated Plants of Tomorrow journey Operating EBIT jumped these messages during its 15 with a number of digitalization 174% to Php 2.2 billion while June 2021 virtual conference projects to raise efficiency and net income climbed 294% with 500 customers nationsafety of operations. All these to Php 1.6 billion. Net sales wide. The CEO also called make us confident in having a increased by 20% to Php 13.7 for business partners’ support more positive impact on the billion. to help achieve the company’s country as we deliver profitKEY sustainability goals by proable growth to our shareholdDEVELOPMENTS moting and using Holcim ers,” he said. H o l c i m P h i l i p p i n e s green building products and FINANCIAL PERFOR- stepped up initiatives to solutions. MANCE strengthen innovation and Furthermore, the CEO The Company’s Earn- sustainability to drive business shared Holcim Philippines’ ings before Interest and Taxes performance and contribute readiness to provide innova(Operating EBIT) for the to building progress in the tive and affordable building second quarter of 2021 rose Philippines. solutions to help local stakemore than sixteen times yearDuring its 2021 Stock- holders address the houson-year to Php953.6 million. holders Meeting on 21 May ing backlog during a virtual
forum organized by leading shelter organization Habitat for Humanity Philippines on 16 June 2021. Holcim Philippines also signed an agreement on 7 July 2021 with Sinoma CBMIPH Construction Corp. to install drying facilities at cement plants in Bacnotan, La Union, and Lugait, Misamis Oriental. The projects will reduce the plants’ fuel consumption and increase blended cement production. These will improve the company’s environmental footprint and service to customers. The company started its COVID-19 vaccination program in July 2021 with a number of employees receiving their first dose from the shipment brought in by private sector partners. While it has ordered enough doses to cover the majority of employees, the company is encouraging its people to secure vaccines offered by local governments. ********** Holcim Philippines, Inc. (Philippine Stock Exchange: HLCM) is one of the leading building solution companies in the country. The Company
has a deep portfolio of innovative solutions fostered by a full range of products from structuring to finishing applications that can help local builders execute with high performance and efficiency a wide range of projects from massive infrastructure to simple home repairs. With cement manufacturing facilities in La Union, Bulacan, Batangas, Misamis Oriental and Davao, as well as aggregates and dry mix business and technical support facilities for building solutions, Holcim Philippines is a reliable partner of builders in the country. Holcim Philippines is also committed to the highest standards of sustainable operations and manufacturing excellence with its plants certified under ISO 14001:2004 (Environmental Management System), ISO 9001:2008 (Quality Management System), and OHSAS 45001:2018 (Occupational Health and Safety Management System). Holcim Philippines is a member of the Holcim Group, the world leader in the build-
ing materials industry present in 80 countries with over 75,000 employees. Holcim exists to build progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people passionate about building progress for people and the planet across its 70 markets and four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
TUESDAY, AUGUST 03, 2021
At the foothills of Mt. Matutum, a strawberry park awaits tourists POLOMOLOK, South Cotabato (MindaNews) – As the tourism industry continued to suffer from the debilitating impact of the COVID-19 pandemic, a Lumad (Indigenous Peoples) family in a remote village here slaughtered a pig weighing over 100 kilos and roasted it to mark the soft opening of the Moso Strawberry Agritourism Park on March 20, 2021. Visitors, including officials from the local and national government agencies, and members of the the Blaan community came and were treated to a live band music in a party mood that lasted until the wee hours of the morning, strictly observing health protocols. The husband-and-wife tandem of Romeo and Joan Moso defied the odds, optimistic that tourism activities will rebound and those “itchy feet,” deprived of their freedom to travel for pleasure and relaxation for a year, will find their way to their strawberry fields. Located in Sitio Amgu-o, Barangay Landan, some 30 minutes away from the national highway, Moso Strawberry Agritourism Park is the first strawberry farm in Polomolok but second in South Cotabato. Nestled at the foothills of the majestic Mt. Matutum, South Cotabato’s landmark peak towering at 2,286 meters, the strawberry park is surrounded by greenery and has a cool climate, especially towards dawn, all-year-round. “If you want to escape the urban lifestyle and relax for a while, we can offer you a tranquil place to unwind and commune with nature,” Romeo told MindaNews. The Moso Strawberry Park has a vantage view of Mt. Matutum and the rolling hills surrounding the mountain, declared by then President Fidel Ramos in 1995 as a protected landscape due to its diverse flora and fauna as well as rare wildlife species. Since it opened in March, thousands have already visited the farm during weekends, including bicycle and motorcycle group riders from different places in South Cotabato and surrounding areas. Besides the enchanting view of Mt. Matutum, the four-hectare Moso Strawberry Park’s main attraction is allowing visitors to experience strawberry picking in their property where fruit trees such as durian, banana, lanzones and rambutan are also grown.
A FAMILY poses for a souvenir photo with Mt. Matutum as background at the Moso Strawberry Agritourism Park in Barangay Landan, Polomolok, South Cotabato on 18 July 2021. MindaNews photo by BONG S. SARMIENTO
ROMEO MOSO trims the leaves of their strawberry plants at the Moso Strawberry Agritourism Park in Barangay Landan, Polomolok, South Cotabato on 18 July 2021. MindaNews photo by BONG S. SARMIENTO
VISITORS walk along a strawberry field at the Moso Strawberry Agritourism Park in Barangay Landan, Polomolok, South Cotabato on 18 July 2021. MindaNews photo by BONG S. SARMIENTO
The strawberry park has become part of the tourism circuit of the village, which also hosts the Our Lady of Mt. Matutum Trappistine Monastery managed by nuns belonging to the Order of Cistercians of the Strict Observance, a Roman Catholic contemplative religious order that originated in France. For over two decades, the monastery has been drawing local tourists, and with the strawberry farm now in operation, some of those who attend Sunday mass would drop by the park to cap the day in the village.
Joan said they have been slowly developing the property, which is now connected to the electric grid, has a toilet and water supply. “We are glad that local tourists are coming in and enjoying their visit,” she said. Daytime entrance fee at the Moso Strawberry Park is only 40 pesos each for those nine years old and above. For overnight stay, the charge is 100 pesos.
VISITORS enjoy the hammocks at the Moso Strawberry Agritourism Park in Barangay Landan, Polomolok, South Cotabato on 18 July 2021. MindaNews photo by BONG S. SARMIENTO
It is best to wear thick clothes and bring your own jackets, and yes, tents for protection against the cold night. The park has no accommodation facilities for now so visitors can bring their own tents or rent from them. Romeo said the temperature usually drops to shivering levels after midnight. Native chicken dishes such as tinola and adobo are the park’s main food offering plus native coffee grown in the area. If cassava is available, they boil it and pair it with native coffee. In the last few weeks, the park’s income was affected by COVID-19 movement restrictions, especially after neighboring General Santos City imposed a “No Movement Sunday” due to the rising infections in the city. Romeo said they would consider themselves lucky if they earn1,000 pesos a day during difficult days. Before the restrictions, he said, they were already earning about 20,000 pesos in one weekend as tourists flocked to the farm, some of them from as far as Agusan. The Moso couple expressed hope that the COVID-19 travel restrictions, which vary among local government units, would ease to help the tourism industry recover from their losses. In this time of the pandemic, Romeo stressed the need to follow health protocols for COVID-19 imposed by the government to help fight the spread of the virus. For souvenirs, the park sells strawberry seedlings at 60 pesos each, with Joan advising they should be grown in shaded areas in the lowlands. Visitors can also bring home the strawberries they picked, the amount depending on the number of grams. “We’re doing it one small step at a time. We started this venture and we hope to sustain it,” she said, expressing optimism the strawberry park can attract more visitors on better days. (Bong S. Sarmiento / MindaNews)
TUESDAY, AUGUST 03, 2021
City solon tests COVID-positive; council's special session moved Graft cases dismissed vs NPO execs in bidding issue MANILA – The Sandiganbayan has acquitted the former director of the National Printing Office (NPO) and five others in two graft cases filed
by the Ombudsman in 2013 in connection with a 2006 printing contract for Land Transportation Office (LTO)
/ GRAFT / 11)
DUMAGUETE CITY – A special city council session on the controversial proposed PHP23-billion reclamation project here on Monday has been moved to next week after a councilor tested positive for the coronavirus disease 2019 (COVID-19). Vice Mayor Karissa To- Aug. 9 as all councilors and lentino-Maxino announced staff are scheduled to undergo via social media on Sunday a reverse transcription-polthat the body would instead ymerase chain reaction (RThold the special session on PCR) test on Monday.
This, after Councilor Manuel Sagarbarria posted on his Facebook page also on Sunday that he tested positive for COVID-19. He said that despite being fully vaccinated, he “got hit with the virus” and is experiencing mild symptoms. Sagarbarria said he start-
ed feeling tired last Wednesday. Livestreamed session of the city council that day showed he was in and out of his seat, “taking breaks”. The following day, he had a high fever, isolated himself, and had himself swabbed. The RT-PCR test result
COTABATO CITY – Anti-narcotics agents arrested six suspects, seized some PHP102,000 worth of suspected shabu, and dismantled a drug den following a successful buy-bust operation in Barangay Datu Balabaran here on Sunday night. In a statement on Monday, Director Gilbert Buenafe of the Philippine Drug Enforcement Agency–Bangsamoro Autonomous Region in Muslim Mindanao (PDEABARMM) identified those arrested as Khadafi Manisi Acoy 34, the alleged drug den operator; Jonathan Roman
Nanding, 31; Alvin Gayun Cañada, 33; Emran Eman Diocolano, 39; Pedtucasan Acoy, 47; and Alex Batua Esmael, all of Purok Adil, Barangay Datu Balabaran. Seized during the operation were 22 sachets of shabu estimated to be worth PHP102,000, marked money, assorted drug paraphernalia, and mobile phones. Buenafe said the operation, with support from city police personnel, was carried out after they received information about the activities of drug peddlers and users in the community.
“We would like to thank concerned residents of the village for alerting us on the existence of the drug den in their area,” he said. Charges for violation of Republic Act 9165 (Comprehensive Dangerous Drugs Act of 2002) are being readied against the suspects who are now detained at the PDEABARMM headquarters in this city. Last week, two drug dens were also dismantled by PDEA-BARMM operatives in this city and nearby Maguindanao province. (PNA)
NO WALK-INS. Manila’s drive-thru vaccination at the Quirino Grandstand lures even this pet dog but only the owner is eligible for the Pfizer Covid-19 jab on Sunday (Aug. 1, 2021). Vaccination is strictly by appointment only for a maximum of four persons per vehicle. (PNA photo by Avito C. Dalan)
/ CITY / 11)
Cotabato drug den raid nets 6 suspects
TUESDAY, AUGUST 03, 2021
Running through the motions
Remain vigilant THE health pandemic rages without let up more than a year after it hit the country, dousing earlier expectations of better months ahead. Even with the ongoing COVID-19 vaccination, the Delta variant is sweeping across MIndanao, throwing our already fragile health system further into a downward spiral. Dr. Thaddeus Averilla, head of the Infection Control Committee of the Madonna Medical Center Inc., during a forum with journalists last July 23, said that "when a virus is widely circulating in a population and causing many infections, the likelihood of the virus mutating increases. The more opportunities a virus has to spread, the more it replicates – and the more opportunities it has to undergo changes." Reports coming in from Cagayan de Oro have alarmed many, particularly those
who are following the spread of the virus through social media. As inoculation is being fast tracked by the health department as the best defense against the virus, following health protocols such as wearing face masks, washing of hands and social distancing remain important to avoid infection. The World Health Organization explains that "vaccines work by training and preparing the body’s natural defenses --- the immune system--- to recognize and fight off the viruses and bacteria they target. If the body is exposed to those disease-causing germs later, the body is immediately ready to destroy them, preventing illness." Even if we are completely vaccinated, we should not let our guard down. The health pandemic is far from over.
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EVERY level has a different devil. Such is the norm in this pandemic Jumanji. As each of us struggle day to day coping with all we need to do in order for us and our families to stay safe, the other side of the coin is an unrelenting fear deep down that we might somehow miss a step and fail miserably. Just recently, despite what I believe were passable precautions, someone in our street block contracted Covid. Now, aside from a sudden dip in the everyday, passers-by have become more sober and cautious. A good thing perhaps. However, throughout all these added hassles, there are still the daily routines with which to contend with, as they’ve never left in the first place. Instead, because of present conditions, they’ve become fused with the added demands of the time, thereby making up for a much fuller schedule, minus the soundtrack of Jaws in the background. On the subject of work for example, the new normal may have given the concept of work (being employed) a new dimension. How can it be both a refuge and a curse? The fact remains that one has still got to do it so as to get by. At first, the new reality of a shifted style of work from home might have appeared as a welcome challenge and a thrill even. Yet when these meet with the home atmosphere, something's got to give way. The contradiction still permeates in many mid-class situations. While looking up from all these daily troubles, the more important thing remains; the vigilance to constantly monitor the progress of others in proximity, worrying about their quarantine efforts, and where are they in their efforts at preventing contagion. Are all of you on the same page? Not only have we become complacent (partly because of the lowering of quarantine levels), we have also failed miserably when assessing the risks that came our way. Worse than these, taking into consideration the health risk we can be to other people, has not been a common trait. The contradiction within; while many still remain reckless, in the back of everyone’s mind lies a lingering question, will the white van with flashing red and blue lights silently return once again to pick up a new patient from among us? Throughout all these whirlpools of chores and events, one simply realizes that the end product of this whole unfortunate affair is not surprising at all: we are steadily being beaten up by the stark realization that it just doesn’t get any better. So, with every level that we attain, a new devil, much like Delta, lurks somewhere.
TUESDAY, AUGUST 03, 2021
Self-made success questioned SELF-MADE SUCCESS is gaining much popularity these days. I happen to come across this term from one of my students during our online sessions. She expressed that her ultimate dream is to be labeled as a successful individual who’s self-made. I did not get the whole context of this term as it sounds new to me until I delved a little bit into it. Collins Dictionary described the term ‘self-made’ as “having succeeded in life unaided.” It means that you were able to achieve a milestone with the support of any kind. Now I begin to understand the emotions behind cryptic posts of young people articulating their anxieties about how bad they are doing in pursuit of their dreams (by now they should have attained this and that). Engaging into deep reflection on this concept gave me quite a discomfort as to how my journey and more so the winning of Hidilyn Diaz in the Tokyo Olympics bagging the first Olympic gold medal in weight lifting for the Philippines has proven otherwise when she said “Third, I would like to thank the people around me, they give me the reason to continue ( #teamHD , Family, Friends) -by the way I'm surrounded with positive people that push me harder." This 'idealism' is not a surprise among the young as all of us, one way or another, have felt this way before. At this age, passion, zeal, energy, and zest run into their veins like crazy. Being said, there is the inner force that drives us to prove something not only to the world but most of all, to ourselves. Seriously, the young ones need to know the value of having someone to 'clear out the fog' in their minds and direct them to reach their maximum potential. This is where the need for guidance comes in, something that a mentor could give. A mentor, in the context of my own experience, is someone who is committed to journeying with you in life in all of its complexities giving perspective and guidance which allows you to live a more meaningful life that empowers not only you but also to the people around you. What is the value of having a mentor? First, a mentor gives us a fresh perspective. Each life stage goes with it a different set of demands with we need to admit, no matter how we look at it, is hard. When the pressure and challenges mount, it is apparent that we easily feel anxious and overwhelmed. If left unprocessed it could accumulate, pile up and put so much weight that it
DR. CHRISTINE FAITH M. AVILA #diariesofaworkingmom
would seem unbearable and we suffer as a result. When we are so ingrained in it, we lose living a good quality of life and it would be very difficult to see things from a proper perspective. A mentor helps us clear out our minds from these things, and direct us to focus on the right courses of action. They do not dictate us but they lay down all the possible repercussions of the decisions that we are making especially when we are at the height of our emotions. At the end of the day, we are the ones to decide. Much of the possible dangers are prevented when some take this role in our lives. Having a mentor is one of the turning points of my life as I was used to taking things on my own and somehow suffered the consequences of my wrong actions. When I started journeying with her, I began to see myself in a better light and it had a ripple effect on how I live my life. She was with me in my highest highs and lowest lows. And now I am doing the same thing to other young women. Being a mentor to them made me look beyond myself—my own needs and battles and starting to care for other people. I have to admit that there is a deep sense of fulfillment and joy to see how others grow in their journey and how they were transformed into someone better in the process. Second, a mentor helps us to see our blind spots. In the ebbs and flows of life, we become so familiar with
everything that we fail to see them. We need someone to see and identify and process it with us. They are considered as a third person as they see something beyond what our vision. Truth be told, it takes a lot of love to correct someone. But it's a risk a mentor willingly takes just to bring us to a higher level of maturity. I agree with this proverb "Better is open rebuke than hidden love. Wounds from a friend can be trusted." If you have people in your life that take this risk just to guide you, keep them, they are a rare gem. Lastly, a mentor treats us like family. Mentors not only listen and give pieces of advice, they also treat us like their own kin. If the relationship goes beyond professional or ministry work, then you can consider yourself blessed. Blessing is not only about having amassed possessions and money. It is actually beyond that. Blessings also take form as individuals who patiently deal with our dramas and immaturities and still choose to guide, love, and direct us to bring out the best in us. I would like to re-echo what Hidilyn challenged to the young people of this generation, "I wish someday the youth will consider doing weightlifting, it's a fun sport and an interesting sport. Not only that, I want to tell them that there is no INSTANT SUCCESS, choose to WORK HARD on your dream and surround yourself with positive people." Getting guidance is a key to growth and success ---an important part of the equation that a ‘self-made success concept’ lacks. My mentor always reminds me of these words from the Scriptures “Plans are established by seeking advice; so if you wage war, obtain guidance.” Dr. Christine Faith M. Avila is an associate professor from the Communication Program of Ateneo de Davao University. She graduated with a doctorate degree in Communication from the University of the Philippines Open University. Tinay is one of the pioneering members of the Media Educators of Mindanao (MEM) and the Communication Discipline representative in the Council of Educators of Deans for Arts and Sciences (CEDAS XI) in Region XI. More than an educator, she is a loving wife, a hands-on- mom to two kids, a worship minister, and a life coach handling a network of women’s life groups since 2011.
Officer ungentleman CAGAYAN DE ORO CITY (MindaNews) — Getting onion-skinned is the least of Mayor Oca Moreno’s traits. Even when political losers go very foul against him, he just dusts it off his shoulders — to the chagrin even of his closest allies. But that is Oca Moreno, steadfast to the point of being stubborn. He is and has always been in his elements in the COVID-19 response. Politicizing COVID is the least of his concerns. But when the criticisms already undermine City Hall’s strategy, expect Oca to fight back. Remember the doctor who in his panic at the onset of COVID spread false information and called into heavens for a lockdown? He had already apologized, even buying opinion realestate of the city’s leading newspaper for public apology. Moreno’s oft repeated line that at this time of pandemia is he does not govern to be popular but to lead. The buck stops with him. And Cagayanons should not be too harsh on themselves and lose that capacity to be grateful. Even with these surges, possibly overwhelming the health system, the city still has one of the lowest cumulative cases among highly urbanized cities nationwide. That the city government has been trying its best to increase the critical care utilization capacity of the health system not just of the city but of Northern Mindanao. As most local governments beg for more funding for hospitals and health facilities from the Department of Health (DOH), the city government — perhaps the only one in the country — donated a hospital for COVID 19 to the Northern Mindanao Medical Center — a hospital owned and managed by the DOH — the 100-bed City Emerging and Re-emerging Infectious Disease (CEREID) in Barangay San Simon, a facility originally envisioned by Mayor Moreno as Mindanao’s counterpart to the San Lazaro Hospital and the Research Institute for Tropical Medicine. As the pandemia rages on, this time with a more
FAST LANES BY BENCYRUS G. ELLORIN powerful variant, everyone should participate, cooperate in the fight against the virus. We need more participation from the civil society to augment the medical frontliners. https://mindanaogoldstardaily.com/civil-society-in-covidresponse/ Then came this colonel of the city police. On record, he attends the meetings of the city’s COVID 19 Emergency Operations Center (EOC) — always smiling, not the talkative, deliberative type, according to other EOC members. I would not give value to comments of some members of the EOC intimating mental health issues but his sudden outspokenness seems discordant to his outward personality. Some are even asking whether there is something in between his ears whispering funny things. The EOC is the venue for him to articulate his “suggestions” for granular lockdowns, based on his claim from a DILG directive for such. Mayor Moreno, in last Saturday’s press briefer, said he does not remember of any intervention from the Cagayan de Oro City Police Office (COCPO) to that effect. He even said he was unaware the said person sat in their meetings. But the mayor admits there were suggestions of granular lockdowns or focused containment in areas where some residents caught the Delta variant. On record, Mayor Moreno did not say no to those proposals. In last Friday’s briefer, responding to questions from the media, he said he had asked medical experts in the EOC and Incident Management Team – lead by the City Disaster Risk Reduction Management Council – to study the matter. And then the mayor said they are considering better
interventions — isolation, and enhanced and active surveillance, and contact tracing. Makes sense, as the city was among the first in the country to practice granular lockdowns, starting with Pinikitan in April last year, followed by 40 more such lockdowns. And lessons have been learned from those. Foremost was the difficulty of implementing it 24 hours for 14 days. The COCPO has not been successful in these places at all times. But that is understandable, it has other things to do. And when this colonel went to the media supposedly to air his gripes that the city is not cooperative to their suggestions of a granular lockdown, many, including the mayor asked surprisingly: What is his agenda? At whose bidding sir? If he is man enough, he could have argued his case in the EOC. I consider the act of this colonel POWER TRIPPING. Not really new in a national atmosphere where security experts are called upon to the frontline of a medical and health emergency. The good thing is that Mayor Moreno is not taking an iota of this colonel’s BS. The mayor’s consistent stand against total economic shutdown is pro-poor. I have written about this in a previous column: https://mindanaogoldstardaily.com/ocaspeople-war-vs-covid/ I agree with the mayor that the colonel better strip his uniform and become a politician. Col. Lemuel Gonda is unprofessional, incompetent and too arrogant to hold to his post at the COCPO. RESIGN! Pata-asay man sa ihi nang imo colonel. Go relieve yourself. (MindaViews is the opinion section of MindaNews. BenCyrus G. Ellorin is a former journalist and former consultant of the City Government of Cagayan de Oro. He is now chair of the advocacy group and think tank Pinoy Aksyon for Governance and the Environment / Pinoy Aksyon. FB: @NoypiAksyon; Twitter: @PAksyon)
TUESDAY, AUGUST 2021 WEDNESDAY, AUGUST 31,03, 2016
All pawned items items that expired during the month All pawned that expired during theof APRIL 2021, if not renewed or redeemed on or before month 2021 of MAY, notpublic renewed or reAPRIL will be2015 sold toif the on JUNE 16, deemed on or before JULY 14, 2015 will be 2021 at 9:00a.m. at our pawnshop premises.
sold to the public on JULY 16, 2015 at 9:00 Gipahibalo ang tanan na ang FIRST COLOR a.m. at our pawnshop premises.
PAWNSHOP magasubasta sa tanan nga nag-expired sa bulan sa ABRIL ang 2021.tanan Ang tanan ibaligya Gipahibalo na prenda ang FIRST sa publiko karong HUNYO 16, 2021 sa alas COLOR PAWNSHOP magasubasta sa 9:00 tanansa buntag.
nga nag-expired sa bulan sa MAYO 2015. Ang tanan prenda ibaligya sa publiko karong HULYO 16 sa alas 9:00 sa buntag.
DAVAO FIRST COLOR PAWNSHOP
#47 Lao St., Toril, Davao City Tel. No. 295-2460
9GEMS Pawnshop Inc. Egger Bldg., Matina Crossing Davao City Tel. No. (082) 285-7069
NOTICE OF AUCTION SALE A L L PAW N E D I T E M S EXPIRED ON JUNE 2021 AND GADGETS THAT EXPIRES O N J U LY 2 0 2 1 W I L L B E DISPLAYED IN A PUBLIC AUCTION ON AUGUST 17, 2021 AT 9:00AM.
All pawned items that expired during the month of APRIL 2021, must renewed or redeemed two (2) days prior the Auction Schedule stated below. If not renewed or redeemed it will sold to the public on its respective auction schedule and premises @ 9:00am. Gipahibalo ang tanan nga ang GOLDVALUE PAWNSHOP, INC., maga-subasta sa tanan nga nag-expired sa bulan sa ABRIL 2021. Ang tanang prenda ibaligya sa publiko sa mga petsa nga nakabutang sa ubos, sa oras nga 9:00 sa buntag.
BRANCHES AUCTION DATE TEL. NOS. BAJADA JUNE 02, 2021 321-8705 (Beside NBI Office) BABAK SAMAL JUNE 18, 2021 301-4019 SAN PEDRO JUNE 08, 2021 227-6772 CABAGUIO JUNE 26, 2021 321-6223 TIBUNGCO JUNE 28, 2021 222-2494
NOTICE OF AUCTION SALE
NOTICE OF AUCTION SALE
All pawned items that expired during the month of MAY 2021, must renewed or redeemed two (2) days prior to the Auction Schedule stated below. If not renewed or redeemed, it will be sold to the public on its respective auction schedule and premises @ 9:00 a.m. Gipahibalo ang tanan nga ang NARDING PAWNSHOP, INC., maga-subasta sa tanan nga nag-expired sa bulan sa MAYO 2021. Ang tanan prenda ibaligya sa publiko sa mga petsa nga nakabutang sa ubos, sa oras nga 9:00 sa buntag. BRANCHES Lapu-lapu, Agdao Matina Crossing Tibungco
AUCTION DATE JULY 09, 2021 JULY 20, 2021 JULY 16, 2021
TEL. NOS. (082) 327-2104 (082) 297-5786 (082) 296-413015
PANABO’S PAWNSHOP, INC. Panabo (Main) JULY 30, 2021 (084) 628-8418 Panabo (Branch) JULY 14, 2021 (084) 628-842
ROSEGOLD PAWNSHOP & JEWELLER Main – San Pedro Cor. Anda Street Davao City Tel. Nos. (082) 221-1477; (082) 221-0355; (082)222-5039 Email us @ firstname.lastname@example.org Valuable Items Highest Appraisal and Low Interest Rates at 3% Wholesaler and Retailers on all kinds of jewelry Rosegold Pawnshop Lapu-lapu Street, Agdao Davao City Tel. No. (082) 225-3637
Rosegold Pawnshop Ilustre St., Davao City (Fronting Limso Hospital) Tel. No. (082) 222-2104
Rosegold Pawnshop Ilustre Street, Davao City (Beside NCCC Hardwaremaxx) Tel. No. (082) 295-6199
Rosegold Pawnshop KM6 Crossing Buhangin, Div. Road, Davao City Tel. No. (082) 241-2355
NOTICE OF AUCTION SALE All Jewelry and other articles pawned at Rosegold Pawnshop San Pedro-Main, Rosegold Pawnshop Ilustre, Rosegold Pawnshop Bolton, Rosegold Pawnshop, Agdao and Rosegold Pawnshop Buhangin from FEBRUARY 16, 2020 to MARCH 15, 2021. If not redeemed or renewed on or before AUGUST 13, 2021 will be sold to the Public Auction on AUGUST 16, 2021 at Rosegold Pawnshop San Pedro-Main from 9:00am to 6:00pm.
Toy Bldg., Lapu-lapu St., Agdao, Davao City
NOTICE OF AUCTION SALE
All pawned items that expired during the month of JUNE 2021 must be renewed or redeemed two (2) days before the Auction Schedule stated below. If not renewed or redeemed, it will be sold to public on its respective auction schedule and premises @ 9:00 A.M.
All pawned items that expired during the month of MAY 2020, if not renewed or redeemed on or before JULY 15, 2021 will be sold to the public on JULY 16, 2021 at 9:00a.m. at our pawnshop premises. Gipahibalo ang tanan na ang AL-JOS PAWNSHOP magasubasta sa tanan nga nag-expired sa bulan sa MAYO 2020. Ang tanan prenda ibaligya sa publiko karong HULYO 16, 2021 sa alas 9:00 sa buntag.
Gipahibalo ang tanan na ang DIAGOLD PAWNSHOP INC., magasubasta sa tanan nga nag-expired sa bulan HUNYO 2021. Ang tanang prenda ibaligya sa publiko sa mga petsa na nakabutang sa ubos, sa oras nga 9:00 sa buntag. EXPIRY DATES
AUGUST 12, 2021
San Pedro street, Davao City (Fronting Queen Bank) Tel. No. (082) 222-1561 ; (082) 321-0128 Email: email@example.com
Accepts: Jewelry, Appliances, Watches, Cellphones and any valuable items Highest Appraisal and Low Interest Rates at 3% Wholesaler and Retailers on all Kinds of Jewelry
NOTICE OF AUCTION SALE All jewelry and other articles pawned at Goldstandard Pawnshop San Pedro, Goldstandard Pawnshop Ilustre from
FEBRUARY 16, 2020 TO MARCH 15, 2021 if not redeemed or renewed on AUGUST 13, 2021 will be sold to the Public Auction on AUGUST 16, 2021 at our Pawnshop premises from 9:00am to 6:00pm.
NOTICE OF AUCTION SALE All pawned items that expired during the Months of JUNE 2021 (Regular Items) and JULY 2021 (Gadgets) must be redeemed or renewed two (2) days prior to the Auction date schedule as stated below. If not redeemed or renewed will be sold to the public on its respectively auction date schedule at its premises at 9:00 AM. BRANCHES: San Pedro (Main) Agdao Toril Bolton Digos City Claveria Km. 7 Lanang
AUTION DATE AUGUST 17, 2021 AUGUST 17, 2021 AUGUST 17, 2021 AUGUST 17, 2021 AUGUST 17, 2021 AUGUST 17, 2021 AUGUST 17, 2021
Tel. No. 327-8832 327-6275 327-8503 392-3022 333-9945 296-8081 235-3473
TUESDAY, AUGUST 03, 2021
NOTICE OF AUCTION SALE
All pawned items at METRO GOLDBRILL PAWNSHOP that expired during the months of MAY 2021, if not renewed or redeemed on or before the scheduled dates of auction below will be sold to the public on the following dates as stated below. Ginapahibalo ang tanan na ang METRO GOLDBRILL PAWNSHOP magasubasta sa tanan nga nag-expired sa bulan sa MAYO 2021, kung dili malukat, ibaligya sa publiko niining mga musunod na mga adlaw. EXPIRY DATES MAY 2021
AUCTION DATES JULY 21, 2021
EURO CIRCLE PAWNSHOP SAN PEDRO ST., DAVAO CITY - TEL. NO.: 227-0521
EURO MAIN PAWNSHOP ILUSTRE ST., DAVAO CITY - TEL. NO.: 227-7511 MATI CITY, DAVAO ORIENTAL - TEL. NO.: 306-0665
EURO STAR PAWNSHOP ILUSTRE ST., DAVAO CITY - TEL. NO.: 227-0667
EURO SUN PAWNSHOP
SAN PEDRO ST., DAVAO CITY - TEL. NO.: 227-3321
Roque Bldg., Matina Crossing, Davao City Tel. # 234-6367
PAWNS NOT REDEEMED/RENEWED WITHIN FIVE (5) DAYS AFTER EXPIRY D AT E S W I L L B E A U C T I O N E D O N AUGUST 16, 2021 AT 10:00 A.M. AT THE RESPECTIVE PAWNSHOPS WHERE THE ITEMS WERE PAWNED.
All pawned items of GOLDVISION PAWNSHOP, INC. that expired during the month of ABRIL 2021, if not renewed or redeemed it will be sold to the public on its respective auction schedule and premises at 9:00 a.m. Gipahibalo ang tanan na ang GOLDVISION PAWNSHOP, INC. maga-subasta sa tanan nga nag-expire sa bulan sa APRIL 2021. Ang tanan prenda ibaligya sa publiko sa mga petsa nga nakabutang sa ubos, sa oras nga 9:00 sa buntag. BRANCHES
General Lao, Toril
JUNE. JUNE. JUNE. JUNE. JUNE. JUNE. JUNE.
Agton. Toril Buhangin Magallanes Tagum Saavedra, Toril Agdao
15, 2021 16, 2021 11, 2021 04, 2021 22, 2021 15, 2021 17, 2021
2nd Level, Gaisano Mall of Davao, J.P. Laurel Ave., Davao City Tel. No.: (082) 221-3355 • (082) 305-9496 2nd Level, SM Lanang Premier, J.P. Laurel Ave., Davao City Tel. No.: (082) 295-1505 • (082) 321-0525 email: Jrosefinejewelry@gmail.com • www.jrosejewels.ph
TEL. NO. 291-2406 291-2952 241-0223 224-3138 216-3425 291-1349 327-2348
JUNE 2021 JULY 2021
AUG. 20, 2021 AUG. 20, 2021
GABBY’S BRILLIANT PAWNSHOP INC. / GABBY’S INFINITE PAWNSHOP INC. TEL NO.: 321-2185 / 234-4844
All pawned items that expire during the month of MAY 2021 must be renewed or redeemed two (2) days prior the Auction Schedule stated below. If not renewed or redeemed it will be sold to public on its respective auction schedule and premises @9:00a.m. Gipahibalo ang tanan nga ang GABBY’S INFINITE PAWNSHOP INC. magasubasta sa tanan nga nag expire sa bulan sa MAYO 2021. Ang tanang prenda ibaligya sa publiko sa mga petsa nga nakabutang sa ubos, sa oras nga 9:00 sa buntag. BRANCHES
AUGUST 16, 2021
AUGUST 02, 2021
TUESDAY, AUGUST 03, 2021
(from front page)
ards to avert an increase in cases)," she said. "Gi-emphasize na nako ni kaniadto, usabon napud nako. Ngano man kabalakan ang isa ka Delta variant? Tungod kay paspas siya makatakod. Kung daghan ang matakdan, daghan ang manginahanglan ug hospital, and because atong mga hospitals they cannot catch up with the pandemic, they cannot catch up with the needs sa mga daghan kaayo na pasyente therefore daghan ang mamatay (Why worry about the Delta variant? Because it is highly transmissible. If more people are infected, more people need to be hospitalized. And when the hospitals are overwhelmed with the sheer number of patients, many will perish)," she added. She said that three pa-
(from page 2)
NPA guerillas, the 302 arrested suspects included 104 most wanted persons, 133 with standing arrest warrants, and 25 violators of the Comprehensive Firearms and Ammunition Regulation Act. “At least 32 persons involved in illegal drug activities were also arrested during the one-day operation,” he added. He commended all police stations and units in Caraga for the success of the one-day operations. Meanwhile, five disgruntled New People’s Army (NPA) rebels voluntarily surrendered to the 23rd Infantry Battalion (23IB) in the hope of changing their and their families' lives through the support of government programs and services. Lt. Col. Julius Cesar C. Paulo, 23IB commander, welcomed the move, saying the five former NPA combatants could no longer endure the exploitation, deception, and treacherous propaganda of the Communist Party of the Philippines (CPP). “They appeared exhausted and fatigued when they voluntarily surrendered at our headquarters in Barangay Alibuhid, Buenavista, Agusan del Norte. They also indicated their refusal and disinclination to continue with the hopeless armed struggle being espoused by the CPP and its armed wing, the NPA,” he told the Philippine News Agency (PNA) on Saturday. The five NPA rebels formally surrendered on Friday. Paulo identified them as
Alias “Alex”, 34; Alias Brando, 25; Alias Dave, 24; Alias Sam, 19; and Alias Kaduyag, 51 who were fighters under the dismantled Guerrilla Front (GF) 4A of the North Central Mindanao Regional Committee (NCMRC) of the NPA. “The surrenderers are regular members and remnants of the dismantled GF4A (DGF4A) of NCMRC attached to the 3rd Platoon led by a certain Crisanto Ligayna, alias Tazar,” he said. The GF-4A operates in the areas of Las Nieves, Buenavista, Nasipit, Carmen, parts of Butuan City in Agusan del Norte, and Magsaysay and Gingoog City in Misamis Oriental. The GF-4A suffered a major defeat in an encounter on May 10, 2020, in the boundary of Agusan del Norte and Gingoog City in Misamis Oriental. In the skirmish, 15 of the front's fighters, including the top leaders, were killed, leading to its eventual dismantling. “(A) series of surrenders also took place, not only among its regular fighters but also the underground mass supporters in communities after the May 10, 2020 encounter,” Paulo said. Based on the testimonies of the five surrenderers, the remnants of the front are facing difficulties in recovering their areas and experiencing difficulties due to hunger and fatigue as support from their mass base has been cut after the series of surrenders, he added. Alias Brando, one of the
surrenderers, said he went on hiatus after the front suffered heavy losses, not only during military operations but also on the series of surrenders of its mass supporters. “After my rest, I decided to join the group to surrender to the 23IB to clear my name and to change the direction of my life and my family. I now pledge my support to the government,” Brando was quoted as saying in a separate statement issued by the 23IB on Saturday. Paulo said the surrender is another serious blow to the ranks of communist terrorism in the areas of operation of the 23IB. Six NPA rebels who were also remnants of GF-4A surrendered to the unit on July 21. “We continue to encourage the remnants of the dismantled GF-4A to abandon the armed struggle and seek freedom. The unit is ready to help them leave behind their lives as outlaws and experience a better life under the fold of the government,” he said. Paulo added that the unit is implementing stringent measures to prevent the remaining NPA rebels from recovery works and recruitment of new members. The CPP-NPA, which has been waging a five-decade armed struggle against the government, is listed as a terrorist organization by the United States, the European Union, the United Kingdom, Australia, Canada, New Zealand, and the Philippines. (PNA)
Norte, 30 Alpha and 41 Beta; Davao de Oro, two Alpha and seven Beta; and Davao Oriental, one Alpha and two Beta. The Alpha variant was first detected in the United Kingdom, the Beta variant in South Africa and the Delta variant in India. The two additional Delta variant cases in the region were found in Davao City — a 47-year-old male patient and a 36-year-old female patient who were discharged last July 19 and 21, respectively. These new cases of variants of concern were detected from among the 593 specimens sent by the region for whole genome sequencing at the University of the PhilippinesPhilippine Genome Center (UP-PGC) on July 1, 8, and 15.
(from page 2)
Brig. Gen. Ronaldo Genaro Ylagan, Police Regional Office-9 (PRO-9) director, said the bulk of the smuggled cigarettes was seized around 6:40 p.m. Friday in Sitio Malasugat, Barangay Sangali. Ylagan said troops of the 74th Infantry Battalion were manning a checkpoint when they flagged down a cargo truck driven by Jay Villarosa, 43, who was traveling with a companion, Abby Jadjail, 31. The truck, when inspected, was found to be
tients with the Delta variant have all recovered. They revisited the cases after the sequencing results came out. The contact tracers were again tapped to uncover the possible path of transmission. The Department of Health (DOH)-Davao reported 178 additional cases of COVID-19 variants in the Davao region, two of them Delta (B.1.617.2) in Davao City. This number brought to 265 the total cases of COVID-19 variants in the region as of July 31. The additional cases of variants of concern also include 48 cases of Alpha or B.1.1.7 and 128 cases of Beta or B.1.351. Of this total, Davao City logged 15 cases of Alpha and 73 cases of Beta; Davao del Sur, 5 Beta; Davao del
loaded with 100 master cases of smuggled cigarettes worth PHP4.3 million covered by an empty styrofoam cooler. The confiscated smuggled cigarettes were placed under the custody of the Zamboanga City Police Office’s Station 3 for eventual turnover to the Bureau of Customs. Ylagan said the other smuggled cigarettes were seized around 1 a.m. Saturday in Barangay Baloyboan, Pagadian City. He said the policemen
were conducting checkpoint operations when they intercepted a four-wheel vehicle driven by Hermie Ibañez, 34, of Zone 1, Barangay Culianan. He said Ibañez’s vehicle was loaded with 751 reams of undocumented cigarettes consisting of 502 reams of Fort and 249 Famous cigarettes worth PHP450,600. The suspect, his vehicle, and the confiscated cigarettes were brought to Pagadian City Police Station. (PNA)
market and its participants. With this, the SEC will be able to formulate and execute regulatory responses geared toward protecting investors and market participants, while concurrently promoting the growth of fintech firms. Prior to the creation of the PIO, the SEC has been issuing rules and regulations in response to new technologies emerging in the market. In 2019, the Commission issued the Rules and Regulations Governing Crowdfunding, which allowed startups and small and medium-sized enterprises greater access to funding. It approved the country’s first crowdfunding portal, Investree Philippines, Inc., on December 22, 2020. The SEC Philippines also approved in 2020 the use of the application Bonds. PH, and the PDAX DLT platform in distributing Retail Treasury Bonds to reach small investors, including the unbanked. It also cleared the selling of Premyo Bonds and treasury bonds through the country’s first branchless, digital-only bank – Overseas Filipino Bank – to cater to Filipinos working abroad. Meanwhile, the SEC is preparing rules governing digital asset offerings and digital asset exchanges to
provide the investing public with more options, as well as protect them from the misuse of such emerging assets. “As it supports new and emerging business concepts, the Commission is cognizant of the risks that come with innovations,” Mr. Aquino noted. “To manage the risks, the Commission embeds safeguards in every policy action and further intensifies its enforcement and education campaigns to protect not only investors and other financial consumers, but also the integrity of the business sector.” In 2019, for instance, the Commission issued SEC Memorandum Circular No. 18, Series of 2019 to define and prohibit unfair debt collection practices amid increasing complaints against online lending operators. It also issued SEC Memorandum Circular No. 19, Series of 2019 to require financing and lending companies to register their online lending platforms. The SEC likewise supports innovation and risk management by adopting global best practices and participating in global development initiatives as member of international organizations such as the Global Financial Innovation Network (GFIN).
(from page 3)
The Commission has since delegated the regulation of non-traditional securities and fintech initiatives to other departments and treated them on a case-tocase basis. To better prepare the country for fintech innovation, the SEC created the PIO in order to give greater regulatory focus on the industry. The Philippines ranked 44th out of 158 countries in the United Nations Conference on Trade and Development’s Readiness for Frontier Technologies Index. It also placed second in information and communications technology deployment, skills, research and development, industry activity and access to finance among a host of countries. The PIO will facilitate the processing of the registration of new fintech companies along with the appropriate department of the Commission. It shall likewise serve as the first point of contact for existing fintech companies, which have been operating without proper regulation or authorization, or which will introduce new fintech products. The PIO shall document, analyze, and understand fintech business models and their possible impacts on the
TUESDAY, AUGUST 03, 2021
BILLBOARD FOR LEASE
Along University Ave., Juna Subd. Matina, Davao City
Call (0932) 372 7799
Davao Ros-Ver Pawnshop, Incorporated Ilustre St., Davao City Tel # 224-1204; 222-6086
AUCTION SALE! The DAVAO ROS-VER PAWNSHOP, INC. and NEW PAG-ASA PAWNSHOP will be having its JOINT AUCTION on all unredeemed pawned items left during the month of April 2021. The said items will be sold to the public at the following VENUE AND DATE. Gipahibalo ang publiko na ang DAVAO ROS-VER PAWNSHOP, INC. og ang NEW PAG-ASA PAWNSHOP; magsubasta sa tanang prenda nga naremata atong Abril 2021. Ang tanang prenda dungan nga ibaligya sa publiko sa mga sumusunod nga dapit og petsa:
(from page 3)
delinquencies. Provisions to Gross Loans in the 2Q 2021 was steady at 3.1 percent. The Gross non-performing loan (NPL) ratio is at 3.1%, still well below the Bank’s worstcase expectations of four (4) to five (5) percent, while NPL cover remained more than adequate at 100 percent. To t a l c a p i t a l b a s e strengthened to P412.7 bil-
lion, with Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET1) ratio both increasing to 15.0 percent and 13.9 percent, respectively, well above the regulatory minimum. The Bank’s Book Value per common share rose to P92.57 as of end-June 2021 compared to P82.28 for the same period last year for a 12 percent year-on-year growth.
The Bank’s Return on Average Common Equity (ROE) for the 1H 2021 improved to 10.75 percent from 2.27 percent in the same period last year. BDO’s solid balance sheet, healthy capital position, and sustained earnings performance put the Bank in a good position to leverage on the country’s economic recovery.
the PHP3.5-million contract. The court ruled that the BAC was justified in the cancellation of the Notice of Award for Bestforms Inc. which "knowingly violated NPO's rules on security printing, particularly the rules against subcontracting. It also admitted that it was using Class A book paper, instead of security paper, for its printing of jobs". The firm "did not suffer any undue injury as the damage it suffered may be considered self-inflicted", the decision added. As for the rebidding on June 14, 2006, the Sandigan-
bayan said there was no evidence that the officials favored RFI and that three other printing companies participated but submitted higher bids. "In this case, the Court is convinced that the guilt of the accused was not proven beyond reasonable doubt. The totality of the facts and circumstances demonstrate that they are entitled to acquittal as a matter of course," the tribunal said. "No civil liability may be adjudged against the accused as the act or omission from which the civil liability might arise did not exist." the court added. (PNA)
City tightens watch over minors amid Delta threat Authorities in this provincial capital of Negros Oriental have advised parents to make sure their children stay home to prevent them from contracting the coronavirus disease 2019 (COVID-19), especially amid the threat of the highly transmissible Delta variant. City health marshals, headed by the executive assistant for security concerns, retired police general Rey Lyndon Lawas, are doing the rounds of the city to ensure that children aged 17 and below, and senior citizens 66 years old and above will remain in their homes. Lawas, in an interview on Sunday, expressed frustration that many people still continue to violate local and national laws on this particular prohibition. “We have been implementing this since the imposition of the MECQ (modified enhanced community quarantine) starting June and we are continuing it until today as part of the heightened restrictions under the GCQ (general
community quarantine),” he said in mixed English and Cebuano dialect. The province and the city are under general community quarantine with heightened restrictions from Aug. 1 to 15, the first extension of this classification which was imposed from July 16 to 31. There are two teams of health marshals going around the city every day to ensure that these people belonging to the said age brackets will not insist on getting out of the house, especially because the Delta variant is now said to be targeting the younger people. “That is why we are strengthening the implementation of the health protocols, particularly when we talk about the age,” Lawas said. The health marshals are composed of personnel from the City Health Office, Philippine National Police, Traffic Management Office, Special Enforcement Unit, Department Trade and Industry, City Social Welfare and Development Office, City Administrator's Office and Bureau of Fire Protection. (PNA)
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forms and receipts. The anti-graft court cleared NPO director Felipe Evardone; and Marietta de Guzman, Evelyn Perlado, Miguel Arcadio, Vicente Lago Jr., and Recto Salmo Tomas Jr., members of the agency's Bids and Awards Committee (BAC), according to a 48-page decision dated July 28 and written by Associate Justice Karl Miranda They were charged by the Ombudsman in 2013 for canceling the Notice of Award to bidder Bestforms Inc. and holding a rebidding where another firm, Ready Forms Inc. (RFI), subsequently won
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released on Saturday showed he was positive for the virus. Sagarbarria appealed to the people to not let their guard down despite being vaccinated against COVID-19. The special session calendared for Aug. 2 is supposed to discuss the statements from various groups and individuals opposing the 174-hectare reclamation project proposed by Quezon City-based E.M. Cuerpo, Inc. The city council has granted authority to Mayor Felipe Antonio Remollo to enter into a memorandum of agreement with the firm. Opposition groups from the academe, church, environmentalists and scientists, and the youth sectors are seeking the stoppage of the project because of its alleged legal, moral, environmental, and other impacts on the city and its people. Remollo, on the other hand, reassured that proper procedures would be strictly followed on the project, but said on a national radio interview that he was willing to junk it if there would be a valid basis to do so.
Empower principals in delivering quality education: solon MANILA – Senator Sherwin “Win” Gatchalian called for the empowerment of principals in delivering quality education and reversing the education ‘crisis’ hounding the country. Gatchalian, who chairs the Senate Committee on Basic Education, Arts and Culture, said the proposed revival of the Congressional Oversight Committee on Education (EDCOM) will look at how principals can be given more autonomy and flexibility in addressing the needs of learners. “Our public schools follow a very strict hierarchy. If the principals are restricted and the battleground is on a per school basis, it's very difficult for them to respond,” Gatchalian said. “That’s why I believe that part of the solution is to empower our principals -- make them join the fight in this education crisis and give them the authority to improve learn-
er outcomes and teacher education.” According to the Philippines Public Education Expenditure Tracking and Quantitative Service Delivery Study (PETS-QSDS) by the World Bank and Australian Aid published in 2016, “schools that are managed and governed well tend to make better decisions and have better student outcomes.” The same study reported, however, that the main weaknesses identified by school principals are related to autonomy. It found that school principals frequently complain about restrictions on the use of their operating funds, including the prohibition on the use of these funds for laptops, LCD projectors, and other instructional equipment. The management of maintenance and other operating expenses (MOOE) was found to be demanding on school principals. One
recommendation from the PETS-QSDS was to simplify the management requirements for these funds so that principals can have enough time for academic leadership. “We need to look at the governance structure and analyze how we can further empower the principals so that they will have the flexibility to respond to problems,” Gatchalian said. The PETS-QSDS also cited the role of principals and governing councils in project monitoring, especially when it comes to infrastructure. This is seen to improve the quality of projects and yield better information on the effectiveness of contractors. The study proposed expanding the role of principals such as producing regular on-site reports about project progress, as well as approving inspection reports and completion certificates. (PR)