Issuu

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 136

Market Indicators As of 5:30 pm April 7, 2017 (friday)

FOREX US$1 = P50.166

0.7

PHISIX 7,583.75

X X Briefly

cents

18.43 points

BDO closes April 13-16 BRANCHES of Sy-led BDO Unibank Inc. (BDO) nationwide will be closed from April 13 to 16 in line with the observance of the Holy Week. In an advisory issued Friday, the bank said its branches will still service clients from Holy Monday until Holy Wednesday. “Regular branch operations will resume on April 17,” it said. T h e b a n k , h o we v e r , assured its clients and the banking public that its automated teller machine (ATM) network is available to provide services during the long weekend. (PNA)

Matina flyover DAVAO City -- The local government of Davao City is eyeing a much longer Matina Flyover than the original proposed infrastructure. Guesting at the I-Speak Media Forum held at the Davao City Hall today (April 6) Ivan Cortez head of the Davao City Investment and Promotion Center (DCIPC) said the city government has asked the national government to change the design of the flyover. The original plan was to bisect the busy Matina Crossing. However Cortez said the City Government wants a new flyover design.

Davao water project ABOITIZ Equity Ventures, Inc. (AEV) and its joint venture partner target to start in July the construction of a P12-billion bulk water supply facility in Davao City, with the goal of providing services to the area by end 2019, its finance chief said. “The funding is ready. It’s really just finalizing the permits. We want to make sure everything is set before we start building,” AEV Chief Financial Officer Manuel R. Lozano told reporters on Monday. Apo Agua Infrastructura, Inc., a joint venture between AEV and JV Angeles Construction Corp., in mid 2014 won the right to build the facility for the Davao City Water District, but the project was delayed because of the lengthy government permitting process.

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Oro port exceeds collection target

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Local Petroleum prices could rise this week: DOE PRICES of petroleum pro duc t s c ou ld r is e by anywhere from 50 centavos to P1 a liter this week as global crude prices increased on talk of extending the OPEC production freeze, the Department of Energy said . It will be the sixth price increase in 2017 for gasoline, the eighth for diesel and the seventh for kerosene. Monitoring by the Department of Energy indicated that the price hike for gasoline would be higher compared to diesel. The OIC-dire c tor of t he Oi l Indust r y Management Bureau, Melita Obillo, explained that the global prices of oil rose last week because of talk about extending the production freeze by the Organization of Petroleum Exporting Countries (OPEC). The limits on crude production by OPEC members is supposed to end in June 2017, but there are indications it will be extended. Obillo said supply of crude in the market remained stable, while the United States production of shale continues. Obillo could not say of the price hike trend would continue until the next few months. (Bloomberg)

IN-DEPTH

By MARK FRANCISCO, Staff Writer

HE Bureau of Customs (BOC) has collected a total of P1.266 billion in the Port of Cagayan de Oro alone for the month of March 2017. The amount represented actual collections from duties, taxes and fees at the port. It does not include yet the value of smuggled items that were intercepted during the period.

P15.00

Monday | April 10, 2017

Also, the amount was 44 percent more than the P879.3 million target earlier set by collection bureau. The Port of Cagayan de Oro is part of the BOC district in Northern Mindanao which

has been waging a relentless anti-smuggling campaign since 2016 up to the present. As a result, the district here is one of the 17 nationwide which exceeded collection targets for March. The Manila International Container Port collected P11.721 billion or 3.7 percent more than its intended target. This was followed by the Port of Batangas (P8.50 billion or 3.7 percent more), Port

of Cebu (P1.680 billion or 4.8 percent more), Port of Davao (P1.321 billion or 24.1 percent more), Port of Clark (P131 million or 5.4 percent more), Port of San Fernando (P244 million or 30.2 percent more), Port of Legaspi (P77 million or 276.1 percent more), Port of Iloilo (P219 million or 8.7 percent more) and Port of Zamboanga (P32 million or 128 percent more).

TUNA. Laborers prepare tuna for packaging at the Tambler Fishport in General Santos City, dubbed as the country’s Tuna Capital. mindanews photo by roel n. catoto

PH may lose status as world’s 2nd biggest banana exporters THE country is still at risk of losing its status as one of the biggest exporters of banana in the world as plantations in Mindanao region, where bulk of the country’s banana supply are being produced, still suffers from violent attacks and harassment.

Agrarian Reform Beneficiaries (ARBs) said in a joint statement that the New People’s Army (NPA) has once again launched an intensified series of attacks on banana and pineapple plantations resulting in killings, arson, banana/PAGE 11

GRP, NDF agree on free land distribution under agrarian reform in talks By ANTONIO L. COLINA IV, MindaNews

FIRST OF FRONDS. A vendor crafts the first fronds that she was selling outside of Butuan Cathedral as Roman Catholics observe Palm Sunday yesterday, which marked Jesus Christ’s entry to Jerusalem. photo by jun ayensa

DAVAO City -- Free land distribution will be the basic principle of agrarian reform as one of the elements of the Comprehensive Agreement on Socio-Economic reforms

(CASER), the government (GRP) and the National Democratic Front of the Philippines (NDFP) peace panels agreed during their land/PAGE 11

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Economy

DOT allots P50M for Siargao tourism dev’t

ENER AL LUNA, Siargao Island -The Department of Tourism (DOT) has allotted PHP50 million to further boost the tourism industry in Siargao Island, Surigao del Norte, an official said Friday. Mary Jean Camarin, DOTCARAGA acting regional director, told reporters here that part of the fund is being utilized for the ongoing 2017 World Game Fishing Tournament. The tournament, which kicked off on Thursday and will culminate on Sunday,

has an allocation of PHP10 million, Camarin said. She said that another PHP10 million from the PHP50 million will b e allocated to the World Surfing League slated in September also in this town. O t h e r w at e r s p o r t s activities, including the Inte r nat i ona l Wome n’s Surfing Tournament slated in June, will also get PHP5 million from the budget. “It is the aim of the DOT and the provincial government of Surigao del Norte to put Siargao Island on the map of international

water sports events and adventures,” Camarin said. She stressed that PHP25 million of the PHP50 million budget will be used to fund the Siargao Tourism Development Program. The program will include urban planning for the island and the creation of an integrated tourism master plan, she said. Included in the master plan are programs to put in place the proper sewerage system, solid waste management and the strengthening of climate change mitigation in Siargao. Surigao del Norte Gov. Sol

Matugas said the provincial government fully supports the implementation of the master plan. “S i a r g a o i s b l e s s e d and rich in marine life, a haven of opportunities for livelihood and discoveries, a wonderful place to enjoy life with other people, and a venue to appreciate other forms of life,” the governor emphasized in her speech at the opening of the game fishing tournament in Pilar town on Thursday. Matugas also encouraged the participants, guests and tourism/PAGE 11

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Halal production training held for agri-workers, farmer leaders MARAWI City -- Fortytwo agricultural extension workers and farmer leaders from the different municipalities in the province completed the training course on Halal Small Ruminant Production held last March 28-29 at the Mamitua Saber Research Training Center, MSU Campus in Marawi City. The training aimed to develop and strengthen the role of extension workers involved in livestock program to ensure compliance with existing legislations by national and international standards in the production chain for Halal products and services. Pangalian Balindong Jr., provincial head of the Department of Agriculture (DA), unders core d t he

importance of said training citing that “small ruminant such as goat is greatly interwoven in the Islamic faith, and eating Halal foods is part of the Muslim way of life.” Dr. Norodin A. Kuit, Halal national focal person and chief of the livestock section of DA-ARMM discussed topics on Religious, Science and Historical perspective of Halal, management practices on Halal goat production, Animal Welfare Act, proper transport procedure, registration of goat farms, and biosecurity and waste management. Director Abdul I. Daya-an of the Agricultural Training Institute-Regional Traning Center (ATI-RTC) -12, also training/PAGE 11

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Sports clinic. The grassroots-based city sports development program of the Cagayan de Oro city government brings its sports clinic recently in Barangay Tignapoloan to teach young kids and players on the basic rudiments of basketball, volleyball, boxing and chess.(CIO/PIA10)

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

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Motoring GILBERT Y. CHAO - Motoring Editor

Shell launches engine oil for high mileage vehicles

T Honda Cars Philippines, Inc. welcomes new President and General Manager

he needs of a vehicle’s engine change with the passing of time. Older vehicles, especially those with a mileage of more than 100,000 kilometers, need extra care to prolong the life of their engine. To help keep older vehicles going, Shell developed the new Shell Helix High Mileage, an engine oil that utilizes synthetic technology that is specifically formulated to protect high mileage vehicles. It is designed to provide up to 40% better wear protection,

Sales. Mr. Toshio Kuwahara, who previously led HCPI, will be appointed as the new General Director of Honda Vietnam Co., Ltd. (HVN), where he will be assigned both automobile and motorcycle business units. With his extensive experience in Sales, Market ing , and D e a ler Network for both Honda operations globally, working with HVN will be a great opportunity for him to further share his knowledge and skills, similar to the impact he has left in the Philippines.

The name SHOEI has long been synonymous with “premium” in the motorcycle helmet market a credential that hundreds of loyal men and women in their Japan factories wear with great pride. The evolution and production of our world-class helmet line is a meticulous process that combines the very latest in technology with consumer feedback, modern testing practices, advanced materials, and over 50 years of helmet building experience. Just like the very

Honda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit, names Mr. Noriyuki Takakura as its new President and General Manager effective April 1, 2017. Prior to his move to HCPI, Mr. Takakura previously held his post as Managing Director and Chief Executive Officer (CEO) of Honda Australia Pty., Ltd. (AUH) for four years, where he was in charge of Australia’s automobile business unit. With his 15-year stint in Honda, he gained his expertise in Product Planning, Marketing, and

and helps prevent sludge and other damaging deposits for better performance. Shell Helix High Mileage also helps prevent leaks and reduces oil burn-off for less top-up. During everyday drives, critical engine parts experience high pressures that increase the risk of engine wear and oil oxidation. Committed to promoting clean and efficient transport, Shell Helix High Mileage’s Flexi-molecule technology constantly adapts to boost protection where your engine

needs it most, especially during situations when your engine experiences intense heat and pressure. To fit every need, Shell developed two variants for Shell Helix High Mileage. The Shell Helix High Mileage 10W-40 is designed for gasoline engines, and the Shell Helix High Mileage 15W-50 for light-duty diesel engines, which comes in a thicker formulation. “We at Shell understand that every customer’s journey is different, so we come up

with products that cater to their changing needs,” says Dennis Javier, Shell shell/PAGE 11

Uncompromised protection - SHOEI Helmets first SHOEI helmet built by our founder back in 1959, every SHOEI today is still handmade in Japan utilizing a sophisticated process that involves over 50 people for each and every helmet. SHOEI pr ides its elf in building the very best helmets that our stateof-the-art manufacturing technologies will allow, but we also maintain the core belief that good old fashioned field research yields the highest performing and most functional helmets

produced. SHOEI helmets are the result of countless hours of conceptualization and R&D, but equally as important is the time spent

testing with a professional racing team. From MotoGP race team service to worldclass racers like Marc Marquez shoei/PAGE 11

Opinion

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Fake News

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

Joe felicilda

Vice President for Administration

joe palabao

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NELSON CONSTANTINO Editor-in-Chief

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gilbert y. chao

Executive Editor

Motoring Editor JOEL ESCOL

BONG FABE

Feature Editor

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CLIFFORD SANTILLAN Layout Artist

JUN AYENSA

shyne campaner

Regional Editor Caraga

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Tests for Heart Disease Think a minute…Imagine that people around you were dying from a terrible disease only because they were not tested and treated with medicine early enough. Wouldn’t you want to be tested right away so you could get help before it was too late? Yet there is a serious disease that is worse than cancer or AIDS. And you can know today whether or not you have this deadly disease. Just take this quick test that could save your life. Number one: Is there someone with whom you’re very angry? A person who deeply hurt and wronged you? It could be someone in your family. A friend. Someone you work with. Maybe it happened a long time ago, but you’re still angr y and bitter toward them. Number two: Do you blame someone else for your problems? Your parents? Your husband or wife? You think it is other people’s fault why you’re not happy and successful. Maybe you even blame God for not helping you like you think He should. Number three: Do you find yourself getting angry at someone today because that person reminds you of

THINK

A Minute

Fake news are not new but just simply to be spread via the World Wide Web and here especially social media platforms. Actually since several months, I avoid reading and especially spreading news in Facebook. Good to know that Facebook to tackle fake news with educational campaign... . Users will be directed to Facebook’s help centre where they can get detailed advice. Facebook is launching an educational tool as part of measures it is taking to counter fake news. For three days, an ad will appear at the top of users’ news feeds linking to advice on “how to spot fake news” and report it. The campaign, which will be promoted in 14 countries, is “designed to help people become more discerning readers”, the social media firm said. These countries

are Germany, France, Italy, United Kingdom, Philippines, Indonesia, Taiwan, Myanmar (Burma), Brazil, Mexico, Colombia, Argentina,United States, and Canada. Bu, t experts questioned whether the measure would have any real impact. “Until Facebook stops rewarding the architects of fake news with huge traffic, this problem will just get worse,” Tom Felle, a lecturer in digital journalism at City University told the BBC. Starting today Friday, April 7, 2017, users who click on Facebook’s ads will be redirected to its help centre, where they will see a list of 10 tips for identifying false stories. These include looking at an article’s URL, investigating the source of a story and thinking more critically about whether an article is a joke. It also recommends being “sceptical of headlines”, as

false news stories “often have catchy headlines in all caps with exclamation points”. Facebook’s new guide is a useful primer on the basic principles of good journalism. If all the millions who will see it popping up in their feeds read and digest it, maybe it will have an effect. But it will only be there for three days and one has to suspect that it will be read in the main by people who are already suitably sceptical about hoaxes and propaganda. So I’m not convinced that this will be seen as a game changer in the battle to make Facebook a place you go to find the truth, rather than wallow in your friends’ prejudices. What could be more effective is a German plan to combat hate speech and fake news that Facebook does not like one bit. German chancellor Angela Merkel’s

H ave M y Say

Klaus Doring

government has just approved plans which could see social networks fined up to 50 million Euros if they fail to remove illegal content within 24 hours. However, critics also said the tool was just one part of a broader strategy, and that there was “no silver bullet”. Indeed, in my opinion, Facebook should go further. One of the biggest problems with fake news is that the algorithms that run social doring/PAGE 10

The loooong road to peace At t h e s t ar t of h i s administration, President Rody Duterte was confident of signing a peace agreement with the CPP-NDF in three to six months. He was counting on his rapport with former UP professor Joma Sison and the de facto truce he had forged on the ground, while mayor of Davao City, to end almost 50 years of fighting. As a unilateral peace offering, Duterte even invited personalities identified with the left into his cabinet. Some twenty top political prisoners were also released to serve as consultants of the CPP-NDF negotiating panel. Subsequent events convinced Duterte that peace would not come as easy as that. At least in so far as the CPP-NDF is concerned, Duterte now realistically believes that peace will not

come in this generation. Even as he gave the go-signal last week for the government panel to resume formal peace talks in The Netherlands, obs er vers g re ete d t he ne ws wit h guarded optimism. And it was not difficult to understand why. While both groups from opposite sites of the table profess to pursue a lasting and just peace, they are poles apart in terms of bargaining position. While the government panel has been instructed to negotiate a bilateral ceasefire, the CPP-NDF insists first on the signing of the Comprehensive Agreement on Social and Economic Reforms (CASER) before any bilateral ceasefire agreement. There are other side issues being raised by the CPPNDF, among them, alleged

human rights violations during the war on drugs, and the return of the Marcos family to politics. President Rody calls certain demands of the CPP-NDF as “impossible”, such as the release of all remaining political prisoners, numbering about 400. The CPP-NDF, on the other hand, has tagged certain government officials as “spoilers” of the peace process. Still, negotiators find occasion to agree on babystep confidence-building measures. An example is the proposed exchange of prisoners. The CPP-NDF proposes to release four prisoners in NPA custody in exchange for 23 prisoners detained by the government. But even the implementation of such pr is oner exchange c an

SPEAKING

O ut

Ignacio Bunye be very complicated. The CPP-NDF demands that the government impose a ten-day suspension of military and police operations in areas where the exchanges are to take place. These areas cover parts of Bukidnon, Surigao Del Norte, Agusan Del Norte, Sultan Kudarat, Sarangani and South Cotabato. bunye/PAGE 11

AND KNK celebrates 10th year anniversary Jhan Tiafau Hurst someone else who wronged and hurt you in the past? If you answered yes to any of these questions, then you’re suffering from the deadly disease of unforgiveness. Your only cure is to forgive that person who wronged and hurt you. You need to do it today—before this disease turns into hate and bitterness that destroys you inside. Doctors tell us that anger and unforgiveness can cause high blood pressure, stomach ulcers, headaches, arthritis, and many other diseases. Unforgiveness will also destroy your marriage, family, and all of your other relationships. But worst of all, if you will not forgive that other person, then God cannot forgive you. Jesus Christ warns us hurst/PAGE 11

LIFE’S INSPIRATIONS: “… But to those who received Him, to those who believed in His Name, to them He gave the right to become children of God; children born not of natural descent, nor of human decision, or a husband’s will, but born of God…” (John 1:12-13, the Holy Bible). -ooo AND KNK CELEBRATES 10 YEAR ANNIVERSARY: April 08, 2017 is a day of thanksgiving and celebrations for all members of the Philippine-born Christian church known as the “Anak ng Diyos Kadugo Ni Kristo” (or the AND KNK, Children of God Blood Kin of the Christ Church), because that day marks the 10th year anniversary of the Church’s establishment in the “east”, in the “far off land” known as the Philippines. There will be a day-long commemoration of this event, which signifies the full decade of preaching work that

AND KNK members have undertaken, which preaching focused---and will continue to focus, in the years to come, God willing---on explaining the Biblical bases of the belief that Jesus Christ is God and Savior, and is God the Father, Son, and Holy Spirit. Members from Metro Manila and nearby provinces will converge starting at 8 a.m. on April 08, at the Holy Spirit Preparatory Academy---a school that offers elementary and secondary courses in Sto. Domingo Street, Bgy. Holy Spirit, Quezon City, and which is owned by the family of Mr. and Mrs. Domingo Canero and Juanita Canero, recent converts to the AND KNK. -ooo “GO, PREACH, AND SAVE SOULS BASED ON THE TRUTH THAT JESUS IS GOD AND SAVIOR”: The theme for the celebrations will be “Humayo, Magpahayag, at Magligtas ng Kaluluwa batay sa Katotohanang si Jesus ang

Diyos at Tagapagligtas at Siyang Diyos Ama, Anak, at Espiritu Santo” (in English, “Go, Preach, and Save Souls based on the Truth that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit”). This dovetails with the basic doctrine that the AND KNK espouses: that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit. It is the belief of the Church that the Bible contains five sets of proof that establish beyond reasonable doubt that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit. The AND KNK believes that there are proofs from the Father, from the Son, from the Holy Spirit, from the disciples of Jesus, and even from those who did not accept or believe in Him, that Jesus is truly God and Savior, and is the Father, Son and Holy Spirit. Each and every member are trained to know, and how to present,

K akampi

Mo A ng Batas

Atty. Batas Mauricio these proofs, and how to meet contrary pronouncements. -ooo AND KNK, GODMANDATED CHURCH FOR END-TIME WORK: The AND KNK is truly a Godmandated Church, blessed by God. Slowly but surely and steadily, it is winning souls in Metro Manila and many places right now, including Davao City and Iligan City, and preparing even the most ordinary and unlettered believers to become firebrand batas/PAGE 11

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Del Monte expects pineapple output up 20% in year to April

EL Monte Pacific Ltd. expects pineapple production for the year to April to hit 750,000 tons, up 20%, an official of the listed company said on Friday. “We continue to expand our production facilities. This year, we will do about 750,000 tons of pineapple,” said Luis F. Alejandro, Del Monte Pacific chief operating officer, in a news conference after the listing of the company’s US-dollar denominated preference shares on the Philippine Stock Exchange. “We will continue to expand that over the next five years,” he said. Output is 600,000 tons for the canning facility and 150,000 tons for fresh pineapple sales. The year to April total is up sharply from 625,000 a year earlier. For the year to April 2018, growth is expected at 5%, depending on how much land is available, Mr. Alejandro said. “It’s a cycle. It will go up as you accumulate the land,” he said. He also said that the company is constructing a new tetra juice plant,

amid plans to launch a new packaging format, and that it recently signed a joint venture deal with a Spanish company to bring in a proprietary technology for frozen fruit. “ We b e l i e v e t h i s [technology] would be a good entry into the fresh frozen field starting with pineapple. We have already constructed the facility in Bukidnon and we should be ready to go into commercial start up in a month from now,” he said. “ F o r n o w, m o s t o f the products that will be produced from that facility will be exported to AsiaPacific and also to Europe,” he said, adding that the plant will have a capacity of roughly 6,000 to 8,000 metric tons of finished product a year. Mr. Alejandro said the company’s priority for now is to grow its profitable branded business, which accounts for 80% of its portfolio. He said the remaining 20% consists of private label operations, which is being reviewed for possible unloading. He described the private labels as “lower-margin” and incompatible the company’s

“strategic thrust.” “In order to improve our margin, we are looking at rationalizing our manufacturing and distribution network. In manufacturing, we have about 12 plants in the US and we have consultants working on them right now to see how we can rationalize these assets,” he said. He said another area of the company’s operations is logistics, which is also under review. “We have about 12 to 14 distribution centers, some of them are outsourced, some our own,” he said. “We would like to think that before the end of this calendar year, we will have news as to how we will rationalize our network.” Mr. Alejandro said the company has lined up new pro du c t s , re pre s e nt ing both an extension of the current product portfolio and penetration of new market segments. “We are now concentrating on the convenience part of the market, where we market not canned fruit but fruit in cups,” he said, adding that the move is expected

the expand the company’s exposure in the ready-to-eat and ready-to-go segment. On Friday, the company issued and listed on the the PSE the country’s firstever dollar-denominated preference shares. The offering, which ended on March 28, was oversubscribed by more than 33% at a total volume of 20 million Series

A-1 preference shares. They were sold at the offer price of $10 each, generating a total $200 million. Parag Sachdeva, Del Monte Pacific chief financial officer, said that with the offering the company’s debtto-equity ratio has improved significantly. “We are now at almost t hre e t imes. Wit h t his

current improvement, we will again re-evaluate our capital structure and in the subsequent years decide if we will continue with the extension and raise funds through the (preference) shares or any other options,” Mr. Sachdeva said. The preference shares were sold and underwritten -- for del monte/PAGE 10

Del Monte Philippines has been operating its vast pineapple plantation in Bukidnon for more than 90 years.

Trainers from Arks Wellness Center conduct a body combat session last April 2 at Puregold in Cagayan de Oro City. PHOTO SUPPLIED

Cebu Pacific launches four new routes from Cebu, Clark LEADING airline Cebu Pacific has strengthened its domestic route network with four new routes to and from its Clark and Cebu hubs, as part of effort to make interisland travel more accessible to residents outside Metro Manila. Starting May 15, 2017, C E B ’s w h o l l y o w n e d subsidiary, Cebgo, will fly daily between Clark and Caticlan (Boracay); three times weekly (Monday, Wednesday, and Friday) between Clark and Busuanga; and three times weekly (Monday, Wednesday, and Friday) between Cebu and Busuanga.

Cebgo will also begin flying between Cebu and Cotabato four times weekly (Tuesday, Thursday, Saturday, and Sunday) on May 16, 2017. “We b elie ve that by opening these new routes, we are enabling more residents from Central and even North Luzon to travel to Palawan and Boracay—two of the world’s best islands, without having to make the trip to Metro Manila to catch their flights. Even guests from the Visayas who would like to explore Northern Palawan have to fly via Manila to get there. With a direct CebuBusuanga route, the islands of launches/PAGE 10

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Banking&Finance

Brexit still has limited impact on PH - Tetangco B A N G KO S e n t r a l ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. continues to see a limited impact on the Philippine economy of the United Kingdom’s exit from the European Union (EU). T h is e ve n af te r U K trigged this week the Article 50 of the Lisbon Treaty, marking the start of the legal process of Britain’s exit from EU - one expected to be finished in two years. Tetangco said this latest development has thus far not resulted in any “palpable

impact because I think the markets are also waiting” for how the process will move forward. But, he added, “one thing that was mentioned by an EU official was that the UK is leaving the Union but not Europe. So I think that’s very significant because it means that they will continue to develop economic relations with the other European countries but not under the framework of the Union,” he said. The central bank chief said that if UK is able to successfully continue its

economic tie-up with other European countries outside of the EU framework, “then that would be positive for the market.” Still, he said, “it is going to take a little while because they still have to negotiate and see how they can execute the decision of the British people.” Te t a n g c o e x p l a i n e d that “during this period . . . questions . . . might be asked and therefore we may see some market reaction in terms of, probably, some volatility.” “But in our case the

impact is not expected to be significant,” he said, noting that investment transactions of the Philippines with UK are very small, with exports to UK at less than one percent of total. The central bank chief said that although remittances from the UK are “quite significant,” the nation has “very knowledgeable, skilled Filipino workers who are always in demand.” He, however, stressed that monetar y officials will continue to monitor developments on this particular issue.

Visa eyes increased e-payments in PHL VISA, INC. is looking at increasing its presence in the Philippines’ unbanked sector by offering new and more affordable means of cashless transactions, seen to boost the economy. Visa cited data from the Bangko Sentral ng Pilipinas showing that electronic payment transactions in the country make up only 1% of total transactions. “We think electronic payments is good for the economy. It’s good for people. If you bring it down for the people, it’s great because it’s convenient, it’s more secure and it’s a great way to manage your budget,” Visa Country Manager for the Philippines and Guam Stuart Tomlinson, said. Accord to Mr. Tomlinson, t he count r y’s p ers ona l consumption expenditure (PCE), which measures the price changes of consumer goods and services, is around 8%.

“And that’s not just Visa’s share of that, it’s every dollar spent in a discretionary form in the Philippines. About 8% of it is electronic and that could be on any of the international schemes or on the local payments,” he explained. Citing Bangko Sentral ng Pilipinas (BSP) data, electronic payment transactions here in the country makes up 1% of total transactions. “So we look at volume, the BSP look at transactions, and either way, that’s not a great place to be. It’s too low... If you look at that sort of baseline, it’s too low,” Mr. Tomlinson said. “What the industry and what the central bank is doing is working very hard to try to increase that penetration, because we all know that if we have electronic payments, it’s a much more transparent way for people to do business,” he noted.

A c c o r d i n g t o M r. Tomlinson, there has to be a change in the behavior of the mass market for more Filipinos in that sector to gain trust in electronic payments and the financial technology industry. “If we think about a country like the Philippines we’ve got hundreds and millions of small businesses... so we’re sort of developing innovative ways to try and make cost of acceptance much lower for both the bank and the merchant. So basically, on our innovation front, we’re turning the cellphone into an acceptance device,” he said. “When you get down to that sort of mass market, they want ease and convenience so we try to build innovative use cases around using the mobile phone for electronic payments... We’re working on this with the central bank, we’re working on this with our clients -- which are

the banks and the telcos -tempering new and innovative technologies to make them cheaper, easier and more convenient for the consumer, for the infra[structure] plans, which are the banks, and for us, Visa, because we’re the network so we can help sort of promote the thinking, innovation and technology,” Mr. Tomlinson said. Asked if the company is bullish on increasing its penetration in the country, Mr. Tomlinson said, “Yes, very bullish. We’re bullish because the numbers are low...but we really believe that what the central bank is doing with all of it’s...ruling around the [electronic] KYC process, they’re trying to make it easier for people to [go cashless].” The KYC or “know-yourcustomer” rule requires financial institutions to establish the full identity of individuals looking to visa/PAGE 10

7 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274

METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057

ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893

METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162

BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075

METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721

BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637

METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924

BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796

METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731

BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405

METRO BANK- GAISANO 8561720

BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054

Dire Husi artists offer on-the-spot portrait sketching every Friday and Saturday evenings at Magsaysay Park in Plaza Divisoria, Cagayan de Oro City. PHOTO BY MARK FRANCISCO

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

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Monday | April 10, 2017

Lowan-Lowan Natural Spring and Swimming Resort By JOE PALABAO

ature's Best Lowan Lowan Natural Spring and Swimming Resort By Joe P. Palabao Hundreds and hundreds of domestic, local and foreign Tourists are beating the heat of Summer by taking a dip and swim at the cool water of Lowan-Lowan Natural Spring & Swimming Resort. It is situated at the heart of the first class Municipality

of QuezoĂą of the Province of Bukidnon. It is here where you can see the beautiful Flora and fauna. Century old trees, flowers and plants with cool flowing water and spring flowing to the cold pool. With the beautiful and verdant scenery of the spring Resort it thus become a Haven wherein thousands of tourists are

frequenting day in and day out to enjoy and relax by dipping into the cold pool. It is a place for outdoor gatherings, family outings and picnics. It also provides venue for meetings, birthdays and other occasions. Populace of Quezon had been enjoying the natural spring bounty for the last forty years through series of renovations done by the LGU has

been enjoyed by the local, domestic and foreign Tourists. Now it will again be improved and renovated to give good amenities for the guests to enjoy and cherish in their lifetime. Lowan Lowan Natural Spring and Swimming Resort is part of the "Kiokong EcoTourism Project to include The White Rock Wall, the Blue Water, the Pulangi River, the White

Mountains and Caves, the Shrine of the Virgin Mary, Overview Nature & Culture Park, San Roque Water Falls and other point of interest now being put in the pipeline of the project. Attraction Marketing is being done by the Tourism Council and Tourism Office with the help and consultancy of private for Public Private Partnership for tourism development.

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Monday|April 10, 2017

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com

Kagay-an Lawndale Spring Resort reopens Story by MARK FRANCISCO Photo courtesy of CITY INFORMATION OFFICE

AGAY-AN Lawndale Spring Resort was opened to the public at last on Friday, April 7. in sitio Taguanao, barangay Indahag in Cagayan de Oro City. The tourist spot, operated by the city government of Cagayan de Oro, presented its latest affordable tariff in the following: entrance fee for adult is pegged at P50, child (P30) and P40 for senior citizens and

persons with disabilities. There is a parking fee of P10 per vehicle. Bamboo huts accommodation cost P500, circular huts (P300), concrete huts (P500) and gazebo at P2,000 per four hours or P500 at an hour. Table use is at P30 per unit while chair use is P10 rent per item. The exclusive use of both the Olympic-size pool and the warm-up pool by a group is at P25,000 on weekdays only.

The inauguration was led by Mayor Oscar Moreno himself along with Vice Mayor Raineir Joaquin Uy, City Tourism Council chair Dorothy Jean Pabayo and city tourism officer Elmer Wabe. They were accompanied by Councilors Jay Pascual, Ian Mark Nacaya, Eric Salcedo, Ma. Lourdes Gaane, George Goking and Reuben Daba as well as the other department heads of the

city government. The project cost around P30 million to renovate from the old Lawndale Resort which was renamed Kagayan Resort in 2006. Now the old name is reverted and amalgamated to the new one, forming the Kagay-an Lawndale Spring Resort. The original Lawndale Spring was constructed using funds from a sister city of Cagayan de Oro in California in the 1970s.

Environmental concerns Ensuring development for women for women and all Lectures on air and water quality management were also tackled during the IEC campaign. Environmental Management Specialist Engr. Jan Karina Lapena of the EMB-10 explained the types of air pollutant and these are categorized as primary and secondary pollutants. “The primary pollutants are those emitted directly from the source. These include carbon monoxide from automobile exhausts and sulfur dioxide from the combustion of coal,” Lapena shared. The secondary pollutants on the other hand develop when pollutants in the air mix up in a chemical reaction and they form an even more dangerous chemical. Photochemical smog is one example of this pollutant. To secure the health of the people especially the

women and their children, Lapena said that they are monitoring the air quality to assess the air quality of the surrounding environment and check compliance with National Emission Standards and the National Ambient Air Standards and National Air Quality Guideline Values. As for the water quality management, Environmental Management Specialist Hazel Jane Fonda of the EMB-10 discussed the water quality management approaches that include the streamlined processes and procedures in prevention and control of water pollution, promotion of environment friendly technolog y and energ y efficient technology and products, self-regulation through the use of incentives and market-based instruments, and active participation in water quality management and monitoring.

Moreover, to ensure good water quality in the Cagayan de Oro River Basin and adjacent rivers for present and future generations, the Water Quality Management Areas (WQMA) has been proposed. “The designation of a WQMA enables the formulation of focused interventions or actions that are designed to address specific water quality issues of the area and thus ensures that the Clean Water Act (CWA) is enforced and water quality is improved,” Fonda said. The conduct of the IEC campaign is among the strategies of the GA-10 and EMB-10 to heighten the awareness on how men and women can address the pressing issues of the society, and how they can attain real development by building each other.(RTP/PIA10)

To stress the meaning of real development, Nathalie Igot, president of GA-10, said that there is “real improvement in all structures or dimensions (political, economic, social, cultural and other dimensions of an individual’s life) and sustained capacity to achieve a better life for all (provides opportunities to broaden an individual’s capacity to do and to be).” She als o added that development means that men and women can enjoy a higher quality of life; with capacities to have freedom of choice. “Hence, development is also about expanding the range of choices for people,” Igot said emphasizing that every woman and man should benefit from development. Meanwhile, Olivia Pelagio, Department of Justice- Parole and Probation development/PAGE 10

GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

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Monday|April 10, 2017

Doring... from page 4

media sites like Facebook and search engines such as Google are being gamed by black ops companies. Facebook has been under pressure to combat fake news on its platform after claims it was used to sway voters during the US presidential campaign. Examples include a story that falsely claimed President Obama had banned the pledge of allegiance in US schools, and another fake news item, saying former p re s i d e nt i a l c a n d i d at e Hillary Clinton was part of a paedophile ring. Facebook has since taken action to improve its monitoring and reporting processes. +++ Email: doringklaus@gmail. com or follow me in Facebook, Twitter or Linkedin or visit my www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com .

Del Monte... from page 6

our network to enable even more of our kababayans to travel with our trademark lowest fares, not only within the Philippines, but also to international destinations.” Aside from Cebu and Clark, CEB also operates flights out of four other strategically placed hubs in the Philippines: Manila, Davao, Kalibo, and Iloilo. The airline’s extensive network covers over 100 routes and 66 destinations, spanning Asia, Australia, the Middle East, and USA. Cebu Air Inc’s wholly owned subsidiary, Cebgo, currently offers flights to 27 Philippine destinations utilizing an exclusive fleet of eight ATR 72-500 aircraft, and four ATR 72-600 aircraft. Cebgo has two strategic hubs in the Philippines namely, the Ninoy Aquino International Airport (NAIA) Terminal 4 in Manila and Mactan Cebu International Airport (MCIA) in Cebu.

Visa... from page 7

up to $150 million -- by the joint lead underwriters BDO Capital and Investment Corp., China Bank Capital Corp., PNB Capital and Investment Corp. and RCBC Capital Corp. BDO Capital also acted as the sole issue manager. “But in the next two to three years is when we will pretty much do the extension,” he added. Del Monte Pacific Ltd. recorded a net profit of $8.5 million in the third quarter of its fiscal year, reversing the previous year’s loss of $4.8 million largely after a one-off item. Without the non-recurring item, it would have posted a profit of $11.6 million, more than five times the previous year’s recurring profit of $2.1 million. For the nine months ending on Jan. 31, 2017, the company posted a net profit of $19.9 million, down 38% from a year earlier. Sales for the nine-month period were down by around 2% at $1.71 billion. For the three months to January, sales hit $604 million, slightly higher than the previous year’s $602 million “as strong sales in Asia offset lower sales in the United States,” the company said.

transact with them, which is usually done by requiring identification cards from a client. It also involves monitoring account activity in keeping with operational risk management and combatting dirty money transactions. E-KYC procedures allow financial firms to use online channels like video calls and geocoding to verify a client’s identity. Visa had said last year that card usage in the Philippines continued to expand in 2015, with the use of its premium cards driving electronic payments in the country that accounted for 46% of total payment volume during the year, despite accounting for only 22% of total active cards in the local market. Card penetration in the Philippines was at 11.4% in 2015 from 9.2% in 2010. Cash still accounts for bulk of transactions at 82.3%, although down from five year’s ago rate of 84.4% while bank transfer, direct debit and checks stood at 6.3%, also declining from 2010’s 9.2%. The largest part of the pie of affluent spending came from retail at 18.70%, travel at 18.66%, supermarkets at 13.8%, restaurants at 6.8% and fuel at 4.68%.

from page 6

from page 9

Launches...

Coron and Culion are easier to get to. Aside from boosting domestic tourism, our new routes will also enhance trade and investment as we also make available our cargo services,” said Alexander Lao, Cebgo President and CEO. CEB is launching the four flights with an introductory, all-in seat sale of P599 from April 6 to April 9, 2017, or until seats last. Travel period is from May 15 to November 30, 2017. L a o s a i d “C E B h a s remained true to its commitment of making air travel safe, affordable, reliable, and fun-filled for everyjuan. Rest assured, we will continue expanding

Development... Administration (DOJ-PPA) regional psychologist, said that the end goal of the women’s month celebration is to advance and unleash the potential of women which the society can benefit of. Pelagio added that this has been the battle cry for women since opportunities are still scarce for the sector.

MALACAÑANG: PH prepared to welcome more Chinese investors Malacañang said the country is prepared to welcome some 150 Chinese investors to the country. Presidential spokesperson Ernesto Abella, in a press briefing in Malacañang on Tuesday, April 4, said the Bank of China, China’s most internationalized and diversified bank, will be bringing in 150 Chinese investors to the Philippines. The 150 Chinese investors are expected to attend the 12th ASEAN Finance Ministers’ Investors Seminar which will be held in Cebu this April. He also said that the Bank of China will be providing the Philippine Chamber of Commerce and Industry about P3 billion in aid to qualified micro, small and medium enterprise beneficiaries. The Palace also expressed elation over the strong Institutional Investor’s outlook for the Philippines. The Philippines was given a thumbs-up by the Institutional Investor, a New York-based leading international business publisher. Also, the recently approved Social Security System (SSS) pension increase is also seen to boost consumer spending. At the same time, Abella said the two additional lanes along Timog Avenue to Scout Borromeo in Quezon City are now open with an improved flood control concrete box culvert. Abella said the 522-meter Road Project and the 5.30

meters width by 4.35 meters deep Flood Control Project, totaling to P87.69 million, are expected to ease the flow of traffic along Quezon Avenue–East Bound. In the same briefing, Abella said the dismissal of Department of Interior and Local Government (DILG) Secretary Ismael Sueno manifests President Rodrigo Duterte’s determination to restore the trust of the people in government. The President always reiterates in his speeches that he will not tolerate graft and corruption in government, noting that even a whiff of corruption, he will not hesitate to dismiss members of his administration. “I think we have to give him credit and really understand and put it in context that what he’s really actually doing is really restoring trust in the government,” Abella said. “Apparently for the longest time, the people have become, in a sense, hopeless about the situation. But he is actually empowering the Filipino people once more by giving them a trustworthy government. It’s quite a challenge,” he added. Asked by reporters if there will be investigation or people to be charged after Sueno’s dismissal, Abella said it’s up to the President what to do next. The Palace spokesman also said there is still no immediate successor for Sueno.PND

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Monday|April 10, 2017

Banana...

Land...

and deliberate disruption of business operations in Mindanao. Eduardo Maningo, a spokesman for the ARBs, said if these violent attacks and harassment in farms persist, Mindanao’s most lucrative dollar earner will be compromised and will affect the national economy. The Philippines is currently the second biggest exporter of bananas in the world, generating over US$1 billion every year. The renewed violent att a ck s c ame af te r t he peace negotiations with the Communist Party of the Philippines (CPP) and the National Democratic Front (NDF) has been terminated and the unilateral ceasefire has been lifted. The NPAs are the armed wing of the NDF and has heavy presence in Mindanao. Maningo said that ARBs are now “pleading” for government support and that it must focus on the peace and order situation. “We ask the government to please step up its protection of farm workers and businesses and to go after these lawless elements. The safety of our families and our livelihood is threatened. If the government fails to address this problem, businesses can leave and we will lose our jobs,” Maningo said. Current estimates place that there are about two million people that depend on the banana industry alone. “Our industry is already hampered with problems. We have low productivity because of pests and diseases, drought, flooding – the intermittent weather conditions and were still reeling from the onslaught of typhoon Pablo but the insurgenc y is the most alarming. We are scared for our lives,” said Maningo. Last week, the NPAs attacked the facilities of DOLE’s banana plantation in Barangay Sinawal in General Santos City. The rebels burned the cold storage and palletizing facilities, a container van and other materials within the compound estimated at a cost of R6.9 million. The company has stopped all farm operations leaving 56 workers and their families severely affected. Top management is yet to decide on the continuity of the business depending on the security conditions of its almost 200 hectare banana farm in the region. An investor in the banana industry, who doesn’t want to be identified for security reasons, also lamented that the government has been n e g l e c t i ng t h e b an an a industry. “All the while, I thought agricultural development is a priority (of this administration) but the continuous harassment and extortions by the NPAs prove otherwise,” the investor said. (PNA)

fourth round of talks in the Netherlands. In a seven-page joint s t at e m e nt , t h e p a r t i e s agreed to accelerate the work of the Reciprocal Working Committees on Socioeconomic Reforms with an exchange of comments on the contentious provisions on agrarian reform and rural development. During the fourth round of talks in Noordwijk, The Netherlands from April 3 to 6, the committees exchanged their respective comparative “color-coded matrices” identifying both contentious and acceptable provisions of the drafts of CASER submitted by both parties. These contentious provisions were then clustered into nine major topics: coverage, confiscation, compensation, lease/ leaseback and plantations, international agreements/ domestic law, political power/ implementation mechanisms, land use, private insurance, and terminologies. The committees agreed during initial discussions to convene bilateral teams, as defined during the third round of talks, with three members from each side and supervised by committee members to to work on the sections on agrarian reform and rural development and National Industrialization and Economic Development. The joint statement said the bilateral teams will hold meeting in Manila or in another venue agreed upon by both parties. Meetings will take place this month and in May. The agenda will include reconciling the the draft minutes of the third round of the bilateral meetings of the committees, and exchange of comments on the contentious provisions of the draft proposals. Prof. Jose Maria Sison, fou n d i ng c h ai r of t h e Communist Party of the Philippines and chief political consultant of the NDFP wanted either the signing of CASER before a ceasefire agreement or the simultaneous signing of both agreements. He said that it would be possible to forge CASER this year since the GRP and NDFP drafts contain common positions. “I have read and studied the drafts of the proposed agreements from the GRP and NDFP and I have also examined the comparative matrices. I observe that there are enough concurrences and similar positions as common ground for forging the agreements,” he said. The parties have signed an agreement on an interim joint ceasefire, which will take effect upon the approval and signing of the ground rules and will be effective until a permanent ceasefire agreement is forged as part of Comprehensive Agreement on End of Hostilities and Disposition of Forces.

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The interim joint ceasefire “aims to provide a conducive environment for the GRP and NDFP negotiations, encourage the forging of a more stable and comprehensive Joint Ceasefire Agreement and provide an enabling environment for the eventual and early signing of CASER.” The GRP and NDFP panels directed their respective ceasefire committees to “discuss, formulate and finalize the guidelines and ground rules for the implementation of the agreement, including rules governing the presence of armed units and elements of both parties in local communities, the creation of buffer zones, the prohibition of hostile and provocative acts, and ceasefire monitoring and verification mechanisms.” B oth parties further agreed to undertake the me asu re s ne c e ss ar y to effect the immediate, safe and expeditious release of soldiers and police officers who are being held captive by the New People’s Army (NPA) in Mindanao. NPA captives in Region 12 were scheduled for release before Easter Sunday (April 16) and those in Bukidnon after Holy Week.

can enjoy more memories with their trusted partner through the years.” For over 100 years, Shell has been a reliable partner of Filipino motorists on the road. With the development of smarter products and concept lubricants like Shell Helix High Mileage, Shell continues its commitment to be part of every customer’s journey.

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Bunye...

Tourism...

visitors to be more aware of their roles in the preservation of the natural assets of the island. The ultimate goal of the plan is to transform Siargao Island into a tourism enterprise zone and its target completion is within two years. Camarin also urged the local government units in Siargao Island to be proactive and join important meetings that will tackle planning sessions for tourism development. Nine municipalities of Surigao del Norte are in Siargao Island, including Burgos, Dapa, Del Carmen, General Luna, San Benito, Pilar, San Isidro, Santa Monica and Socorro. (PNA)

Training... from page 2

shared some valuable insights on the current state of Halal certification as well as some absurdities in the process. He said: “Halal meat is not just about slaughtering in adherence to Islamic rites as many contend; Halal starts right in the farm.” Discussions during the open forum centered mostly on the difference between conventional goat management practices and the Halal goat production i n c l u d i n g t h e c u r r e nt state of goat raising in the province viewed from Halal perspective. (DA Lanao del Sur / PIA-10)

Shell... from page 3

Lubricants General Manager. “The development of Shell Helix High Mileage is meant to help customers with older vehicles to prolong the life of their vehicle, so that they

SHOEI... from page 3

and Bradley Smith; SHOEI helmets are put through the ringer, resulting in the finetuned masterpiece that awaits you. In the Philippines, SHOEI has partnered with Mworld Trading as the of f icial distributor to offer the largest selection of SHOEI Helmets in the country.

Hurst... from page 4

that if our heart is closed to give love and forgiveness to others, then it is also closed and cannot receive God’s gift of forgiveness. So for your own sake, won’t you ask Jesus to forgive and heal your heart today? Then, you can finally be free to forgive others and enjoy the healthy, happy new life Jesus wants to give you. Just Think a Minute… from page 4

To t h e s ol d i e rs an d policemen on the ground, (who often found themselves on the receiving end during suspension of hostilities) that would be a hard sell. But as they say, a journey of a thousand miles begins with the first step. Here’s hoping that it will not be one step forward, two steps backward. Unforgettable ceasefires in history I recently came across in You Tube a very touching video clip based a trueto- life ceasefire which occurred in 1917, almost 100 years ago, at the Western Front. The episode has come to be known as The Christmas Truce of 1914. The Christmas Truce of 1914 has inspired books, plays and a superviral commercial for U K sup e r m arke t chai n

Sainsburys. It was Christmas eve. Temperature had dropped b elow f reezing. Wear y British and German soldiers were resting in their muddy trenches, reading letters and opening gifts from home. A British soldier started singing “Silent Night” and was soon joined by his comrades. A couple of hundred yards across No Man’s Land, the Germans responded with “Stille Nacht!“. Overcome with emotion, Jim, a British soldier, came out of the trenches with arms raised and started walking toward the German lines. The German soldiers initially levelled their rifles at Jim but were prevailed upon by Otto. Otto himself came out of the trenches with arms raised to meet Jim. Soon soldiers from both sides streamed out of their trenches and met halfway in the open field. There they shook hands, showed each other pictures of their loved ones and even exchanged gifts. One brought out a football and an impromptu match followed. Halfway through, the soldiers heard guns in the distance, reminding every one that a war was still going on. Reluctantly, they went back to their respective trenches. Back in his trench, Jim discovers that Otto had gifted him with German to ast . In re tur n, O tto received a bar of chocolate. During the 1960s, soccer legend Pele and his Brazilian Team Santos visited civil war-tor n Nigeria to play an exhibition match. The warring groups immediately agreed to a truce so they could watch the legendary Black Pearl in action. The military even opened heavily guarded checkpoints so that people could make their way to the big game. 4 8 h o u r s l a t e r, t h e warring factions got right back to killing each other. Nigeria eventually quelled the break-away Biafrans. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

Batas...

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preachers and defenders of the faith that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit. And this preaching is no longer just confined to specific places but is now being carried out nationally and internationally, with the use of social media, particularly Facebook. At this point, AND KNK has two Facebook pages---the Anak ng Diyos Kadugo Ni Kristo and Ang Tanging Daan---which can be easily searched in the Facebook search engine. Through these Facebook pages, video presentations, in English and Filipino, are being aired on a 24 hour basis, where the doctrines and teachings of the AND KNK, based on the Bible, are being discussed and dissected. The AND KNK believes that its preaching, on the ground and on the Internet, is a part of the work mentioned by Jesus as a necessary ingredient of the end of time. Thank God in the Name of Jesus! -ooo WATCH “ANG TANGING DAAN”, “KAKAMPI MO ANG BATAS”, AT FB LIVE: Please watch “Ang Tanging Daan”, a round-the-clock Bible Exposition and prayer session at www.facebook. com/angtangingdaan, and to “Kakampi Mo Ang Batas”, a legal counseling an d n e w s c o mm e nt ar y program at www.facebook. com/kakampimoangbatas. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

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monday|April 10, 2017