BusinessWeek Mindanao (April 11-12, 2022)

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Volume XII, No. 128

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Mon-Tue|April 11-12, 2022

P15.00

Contingency measures up X for election power supply Briefly W

Market Indicators AS OF 6:00 PM APRIL 8, 2022 (FRIDAY)

FOREX

PHISIX

US$1 = P51.59

7,018.02

0.17

cents

X

91.99 points

Fishery aid

BUTUAN City– The Bureau of Fisheries and Aquatic Resources in Caraga (BFAR 13) and the non-profit organization, Rare Philippines, have entered into a memorandum of agreement (MOA) for the expanded Fish Power Program in Siargao and Bucas Grande Islands in Surigao del Norte.

In a statement sent to Philippine News Agency Thursday, BFAR-13 said Wednesday's MOA will ensure the continuing partnership between the agency and the Rare Philippines for another three years in the area.

Rare is a global nonprofit organization devoted to environmental protection with works that span 60 countries, including the Philippines.

Food terminal DAVAO City– The city government is in the thick of preparations for the opening of its food terminal complex situated in Toril district here.

“We are at the final stages of crafting the implementing Rules and Regulations (IRR) for the operation of the Davao City Food Terminal Complex (DFTC).

I believe we can complete it this month,” Leo Brian Leuterio, city agriculturist office chief, said over Davao City Disaster Radio Thursday.

Leuterio said his office is in coordination with partner agencies in consulting with the city legal office to ensure that the IRR is aligned with the law.

Mindanao water projects ELEVEN water sub-projects were completed in Mindanao following a three-year partnership between Japan and the International Labour Organization (ILO).

“This may be the last of our 11 water system sub-projects with the ILO, but the assistance of the people of Japan to the Bangsamoro region will not end here. We are determined to keep our active contributions going until we see a very peaceful and progressive region that the Bangsamoro people truly deserve,” Japanese Ambassador Koshikawa Kazuhiko said in a statement.

The program is the ILOJapan Water and Sanitation Project signed in 2019 and funded by Japan. Beneficiaries of the water project are estimated at nearly 12,000 households in remote areas of Lanao del Sur, North Cotabato and Maguindanao.

By MYRNA M. VELASCO, Contributor

ITH the country’s frail power supply s i tu at i o n , t h e National Grid Corporation of the Philippines (NGCP) is hammering out contingency measures to avoid electricity service disruptions on this year’s May 9 elections.

The transmission firm said it will be activating round-the-clock overall command center from May 8 to 10, as part of preparations to secure power transmission operations and facilities during the polling period.

While the actual voting will happen on May 9, logistics deployments are usually done a day before and then the counting of election results could stretch up to the next day.

The election contingency toolbox of NGCP includes suspension of maintenance works and construction activities inside substations and within 300 meters of energized power lines from May 2 to 16. Activities that

LENI IN TAGUM CITY. Vice President Leni Robredo attends the Partido Reporma’s Grand People’s Rally in Tagum City, Davao del Norte on 07 April 2022. Rally participants chanted “Babawi kami.” mindanews photo by gregorio c . bueno

Non-registration hinders MSME support: biz council SMALL businesses have been prevented from availing loans and other pandemic-related financial aid because many of them are unregistered with the government, the financing arm of the Department of Trade and Industry (DTI) said.

Small Business C or p or at i on ( SB C or p ) representative Jade Montero said the government-owned financing firm maintains a range of assistance programs

to help MSMEs, but these are only available for licensed businesses.

"Some businesses have no paper as proof they have a business at all. One of these proofs is having a business permit; the first eligibility requirement is you should have a business permit to get a business loan,” he said during a meeting of the Provincial Micro, Small, and Medium Enterprise Development

CAMPAIGN TRAIL

In Mindanao, Marcos still tops Pulse Asia survey but down by 6%, Leni up by 9%

By CAROLYN O. ARGUILLAS, MindaNews

DAVAO City– Former senator Ferdinand Marcos, Jr., survey f ront r u n ne r among 1 0 presidential candidates, still tops the Pulse Asia Survey in all geographical areas and in socio-economic classes C, D and E but in Mindanao, from 68% going to vote for him if elections were held during the survey dates on February 18 to 23, a month later, only 62% will vote for him if elections were held

during the survey dates on March 17 to 21.

Voter preference for Vice President Leni Robredo, on the other hand, is still low compared with Marcos’ 68% but rose by 9 percentage points from 5% in February to 14% in March.

O verall, Pulse Asia’s

March survey shows that 56% will vote for Marcos nationwide while 24% will vote for Robredo, 10% for Manila Mayor Francisco ‘Isko Moreno’ Domagoso, 8% for Emmanuel Pacquiao and 2% for Panfilo Lacson.

The March 17 to 21 survey, according to Pulse Asia, used face-to-face inter views.

BUBBLES. A child blows bubbles at the Tagum City Hall grounds in this photo taken Thursday, April 7, 2022. Supporters of Vice President Leni Robredo gathered in Tagum City for a show of force in the turf of newfound ally Congressman Pantaleon Alvarez. mindanews photo by yas d . ocampo

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Local 2 CDO races to use Covid-19 vaccines before they expire T

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HE coronavirus disease 2019 (Covid-19) vaccination team here is expediting the use of vaccine supplies to avoid expiration, the Cagayan de Oro City Health Office (CHO) said.

In an online briefer Wednesday, Dr. Ted Yu Jr., the CHO medical officer, said a certain number of vaccines here will expire by the end of May.

Yu said the vaccination team, headed by Dr. William Bernardo, who is also the acting city health officer, has been consistent in their monitoring to assure that no vaccines would go to waste.

"We have vaccines that will expire by the end of May, but you need not worry as we have a daily monitoring and inventory system with regard to

our vaccines," Yu said.

Yu said the city government has been continuously conducting daily Covid-19 inoculations, not just to improve the vaccination coverage, but also to utilize all the vaccines that have been allocated by the Department of Health (DOH).

Apart from the regular vaccination in mega sites here,

there are also vaccination rollouts in barangay health centers, bus terminals, drivethrough stations, and house-tohouse.

Overall, the city has tallied 547,700 fully vaccinated individuals, which is equivalent to a 91 percent vaccination rate from the city's total target population of 599,929.

Of the fully vaccinated,

119,006 individuals or 22.71 percent of the target population have received their booster shots, while 29,170 just received their first dose of vaccine.

The city government earlier said it intends to increase the vaccination coverage of children aged 5 to 11-years-old through the walk-in process.

(PNA)

DOLE-CDO pays out 1K worker-beneficiaries ANOTHER batch of 1,020 workers here have benefited from the cashfor-work scheme of the "Tulong Panghanapbuhay sa Ating Disadvantaged/ Displaced Workers (Tupad) program.

In a statement Friday, Department of Labor and Employment's Cagayan de Oro City Field Office

(DOLE-CDO) said the worker-beneficiaries received PHP3,650 each during the payout that was completed on Wednesday afternoon.

One of the beneficiaries, Ruth Miral, a person with a disability who works as a masseuse for 10 years, said her income was

not enough because the pandemic forced massage establishments to close or limit workers.

Miral said her Tupad salary enabled her to meet her daily needs and helped her with legal costs after she filed a case on Violence Against Women and Children (VAWC) against her husband.

Meanwhile, Gina Cabanday, a factory worker who was laid off because of the pandemic, said her salary from Tupad will be used to treat her myoma and buy medicines.

"I can buy now some

maintenance (medicine), and save for my myoma operation," Cabanday said in vernacular.

Tupad is a communitybased package of assistance that provides emergency employment for displaced workers,

underemployed and seasonal workers, for a minimum period of 10 days, but not to exceed a maximum of 30 days, depending on the nature of work to be performed.

(PNA)

DAVAO City – Health authorities here are targeting to administer booster shots to national government office employees in the city, the Davao City Coronavirus Disease 2019 (Covid-19) Task Force said Thursday.

The move came after a recent evaluation among several regional government offices in the city showed that over 50 percent of fully vaccinated workers have yet to receive their booster doses.

"We have seen in the evaluation that there are government offices with employees who still have not gotten their booster jabs. One of our strategies is the in-office vaccination rollout," Dr.

Michelle Schlosser, the task force spokesperson, said.

Schlosser said the initiative is on top of the ongoing jab rollout through vaccination hubs, mobile, drive-thru, sectoral, and house-tohouse for 12 to 17 age group and the rest of the adult population, as well as special site vaccination sites for the pediatric 5 to 11 years old population.

Among the regional government offices identified by the Vaccination Cluster are the Bureau of Internal Revenue; Bureau of Fisheries and Aquatic Resources; Commission on Audit; Department of Agriculture; Department of Agrarian Reform;

National Housing Authority; and the Office of Civil Defense.

Schlosser also said the city government's Human Resource Management Office has identified some 1,900 fully vaccinated employees—plantilla, job order, and contract of service—who have yet to receive booster shots.

Convenience Ronell Tangonan, a government employee, said he finds the idea convenient on their part.

“They have a good intention in attaining a high percentage of getting the booster shots. Our work will not be hampered because we will no longer go to the vaccination sites,” Tangonan told the Philippine News Agency.

Tangonan assuaged concerns that government employees are being forced to get vaccinated, noting that the purpose of getting the booster shots is to keep people safe from Covid-19.

Data from the task force indicated that as of March 26, fully immunized individuals here numbered 1,292,684 but only 17.7 percent or 229,588 have received their booster shots.

(PNA)

Davao City to roll out booster vax in nat'l gov't offices

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Yes to Food & Ecological Security

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ORLAN R. RAVANERA Without food and ecological security, a country, even with a strong army, is not secured at all. For the shameless violations of the laws of nature, our people are now suffering the consequences, our country being the 4th hardest hit country in the world by climate change w h e re t h o u s a n d s h av e already lost their homes and lives in one night of flooding alone. Why did we allow a few influential loggers to plunder our natural forest and massacre all life forms, our precious irreplaceable mega-diversity that God created through the process of evolution for billions of years? Many of these species, be flora or fauna, are e nd e m ic, me an ing , could be found only in the Philippines, yet, have been erased from the face of the earth as these loggers and their cabal of vested interest could not moderate their greed. All of these were done in utter disregard to the rule of law.

Yes, in total violation of environmental laws! I could still remember those years (1991 to 2001) when, I as head of Task Force Macajalar

(a coalition of some 300 people’s organizations) was charged by Vicmar Logging Corporation of 200-million peso damage suit for leading the human barricades to stop logging. A court had issued warrant of arrest against us. I thought then how powerful these loggers are. They were the ones who should be arrested because all of their logging activities were all illegal, They were cutting trees in the hinterlands with an altitude of more than 1,000 meters above sea level which is against environmental law that prohibits logging in areas with that altitude. They were powerful then as these logging trucks were escorted by heavily armed men. In the issuance of Timber License Agreements, it was a basic requirement for the loggers to do replanting. Again, such had not been done by these loggers, i.e, Vicmar, Roa & Sons, TIPI, Remedios Fortich, Valderama, the late Desty Eleazar, etc. More than 200,000 hectares are glaringly denuded as these logging companies had even established sawmills amidst the forest and no agency of government can penetrate as these areas were heavily guarded.

After losing 17 million hectares of dipterocarp forest in just a centur y, our country now reels-off in survival mode, facing great dangers ahead, experiencing the br unt of ecological disasters, power and water shortages and the threat of hunger as our agricultural

lands are now converted into massive plantations to satisfy the insatiable appetite of the consumerist and materialistic lifestyle in highly developed countries.

This is especially true in the beautiful but broken island of Mindanao where 70% of the agricultural lands (the choicest) are under the control of trans-national corporations and of a few elites, converting these lands into massive plantations, not for us but to feed the people in other countries while we cannot even produce enough staples (rice and milk) for our hungry people. Don’t you know that based on the data of the Food and Nutrition Institute, 85% of the Filipino children are malnourished?

We may escape penalties in violation of man-made laws but not the punishment for violating the laws of nature which are also the laws of God as the sins of a few loggers are now visited upon our people. And where are these loggers? Well, many are still in power.

Is this the reason why, instead of them being made accountable, it is the people who should now pay for the environmental services?

And to top it all, these denuded areas, instead of being rehabilitated to regain back our ecological and food security will be planted with palm oil trees as no less than the Philippine Coconut Authority (PCA) i s prom ot i ng p a l m oi l i nv e s t m e nt s u s i n g t h e farmers and the Indigenous

Peoples’ land in Mindanao and in Palawan.

Well, I have no qualms in shifting from fossil fuel to renewable energy as such shift has become imperative to mitigate climate change.

In fact, because of that there is now tremendous pressure on land. But such should be done not at our own expense. The rich countries have already taken so much from us, turning our lands into massive plantations while polluting our watersheds with so much non-biodegradable toxic che m i c a ls . T h is t i me, we must prioritize food because “it is a crime against humanity,” to quote a World Bank official, for the people to be hungry with so many malnourished children, yet, giving more importance to bio-fuel. Climate change is primarily due to a wrong development paradigm, the neo-liberal capitalism also known as corporate globalization under the cont rol of one p ercent regime where the wealth of the one percent is greater than the combined assets of the ninety-nine percent of the world’s population in a grossly iniquitous set-up.

How can we stop the use of coal and fossil fuel as some 19 fossil companies based in the United States led by the Exxon Mobile are earning 10 trillion dollars annually or 15 million dollars every minute? That is in fact the root of the problem but nothing is being done to debunk climate change SECURITY/PAGE 11

The road to cityhood (Conclusion)

Free Think a minute… Years ago I visited someone in prison.

I was deeply saddened as I watched all those people locked up, living their life inside a little room. tragically, although many of us have never been convicted of a crime, we still live our entire lives locked inside a prison.

Saddest of all, we are the ones who build the walls that hold us inside, so we are not free to live our life to the fullest. We become our own worst enemy—through our own wrong thinking about ourselves. Someone said: “When you lose your confidence, you lose the battle.”

In zoos a baby elephant is tied with a strong steel chain to a large post. At first, the young elephant pulls and tries to break free from the chain; but finally it gives up and stops trying. After that, only a thin rope is needed to tie that huge, powerful elephant down and stop it from moving anywhere.

For the rest of its life that elephant believes the lie that it is too weak to break that thin little rope, so it never even tries again!

MON-TUE|APRIL 11-12, 2022

No to Palm Oil

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THINK A MINUTE

JHAN TIAFAU HURST Sadly, in a similar way, if I let myself believe I cannot go any farther in life, even though it is not true, then I won’t. That is the destructive power of believing the lies of my own wrong thinking about myself. The enemy I am fighting is in my own mind.

But it can happen the other way too. “Nearly every man wastes part of his life tr ying to show abilities he does not have to get other people’s approval he cannot keep.” A popular T.V. program in the U.S. is American Idol. It lets ordinary people show their singing talent. The problem is some of them have no FREE/PAGE 11

(On March 1, 2022, Muntinlupa City marked its 27th anniversary as a city. In this 3-part article, the author, who served as Muntinlupa mayor from 1 9 8 6 to 1 9 9 8 , re t r a c e s M u n t i n l u p a’s j o u r n e y f rom b eing a 5t h class municipality to becoming a hig hy urb anize d and progressive city.)

The process of applying for cityhood started with the passage of a resolution by the municipal council, accompanied by the treasurer’s certification to congress that Muntinlupa possessed the minimum qualification as to yearly income. A second c e r t i f i c at i o n f r o m t h e Statistics Office, that the Muntinlupa had a population of at least 150,000, was also needed.

The resolution was immediately provided by the municipal council which was then headed by Vice Mayor Jimmy Fresnedi.

I mistakenly thought that with all the advantages of cityhood, the idea would be universally accepted in Muntinlupa. True to form, however, the local political opposition vehemently opposed cityhood. They claimed that cityhood was

just a ploy to allow me to run as city mayor after 1998, when my third term as municipal mayor would have ended.

Also, they falsely claimed that cityhood would result in the immediate increase i n re a lt y an d bu s i n e s s taxes. They deliberately omitted the fact that in the proposed charter itself, there would a moratorium in the increase of any local taxes for a period of 5 years. This same group campaigned actively against cityhood during the plebiscite which was held simultaneously with the 1995 elections.

Fortunately, Muntinlupa voted overwhelmingly to ratify cityhood.

The proposed cityhood of Muntinlupa was actively supported in the House of Representatives by Congressman Ciriaco Alfelor (Catanduanes), chair of the local government committee, and Elias Lopez (Davao City) and Ceferino Padua (Agusan del Sur), members. S enator R aul Roco filed the counterpart bill in the senate. Senator Tito Sotto, who chaired the senate committee on local government, delivered the sponsorship speech.

To give credit where credit is due, Majority Floor Leader Raul Corro, who was then my municipal attorney, quarterbacked the whole process from start to finish, from the solicitation of legislative sponsors to preparing the groundwork for the holding of congressional public hearings in Muntinlupa.

He also participated actively in the public information campaign leading to the plebiscite which approved cityhood. If I am regarded as the father of the cityhood of Muntinlupa, I can affirm that Majority Floor Leader Raul Corro was its chief architect.

The approval of the house version of the cityhood bill went without any hitch. But the final proceeding at the senate was intense with drama and suspense. The cityhood bill was calendared for third reading on the very last day of the session before Congress adjourned.

It was now or never.

I, then Vice Mayor Jimmy Fresnedi , majority of the council and department heads attended. We came wearing our best barong and filipinana attire, and stayed in the senate gallery

SPEAKING OUT

IGNACIO BUNYE for as long as it took in order to demonstrate to the senators the town’s full and unqualified support for cityhood.

E arlier in the day, a s enator told me: “Your cityhood is as good as dead!.” I thought he was ju s t k i d d i ng . A f te r a l l he was my senior Aquila Legis fraternity brod at the Ateneo Law School. What we initially regarded as a joke became an actual threat.

Our group was made to wait for hours and hours. We were there in the gallery as early as 10 am. For almost 14 hours, we never left the gallery, except when we took turns to eat our lunch and later our dinner.

At 1 5 m i nut e s t o midnight, my fraternity brod approached me again.

CITYHOOD/PAGE 11

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Cebu Landmasters reports 42% profit rise to P2.6B CEBU Landmasters, Inc. (CLI) posted last year a net income of P2.61 billion attributable to shareholders, up 42% from the earlier year and surpassing its prepandemic earnings, amid strong housing demand in the Visayas and Mindanao.

In a virtual briefing on Thursday, company officials said the Cebubased property developer exceeded its 2019 bottom line by 30%.

According to CLI Chairman and President Jose R. Soberano III, the listed firm is in a position to pick up from where it left off before the pandemic since its 2021 performance went beyond its target for the year.

CLI’s topline in 2021 reached P11.16 billion, higher by 35% than the earlier year’s revenues, after it recorded construction accomplishments and robust sales. It has 10 new residential projects with P18 billion in sales value.

Sales rose by 16% to P16.5 billion in 2021 largely coming from the economic and mid-income segments, while rentals

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CorporateWorld

increased by 35% year on year after the completion of the Latitude Corporate Center in Cebu Business Park.

“We never stopped in 2020, we kept pushing, and that is really the answer why we were able to launch over P18-billion worth of residential launches, 57% more than the previous year,” CLI Chief Operating Officer, Director, and Executive Vice-President Jose Franco B. Soberano said.

“We’re very proud of our acquire-to-develop approach. Whatever property we acquire, it always comes with a development plan in mind,” he added.

CLI also acquired 41 more hectares last year, of which it developed 29 hectares. It has under negotiation 70 more hectares. The listed firm drew from its P10 billion capital expenditure budget to fund land banking activities.

In a media release, the company said its economic housing brand Casa Mira was the top sales performer, accounting for PROFIT/PAGE 11

DTI-BOI sees further growth of manufacturing output

F

OLLOWING the greater mobility and effective implementation of health and safety protocols with lesser and lesser coronavirus disease 2019 (Covid-19 cases), the Philippines is in full swing of economic recovery as manufacturing output climbed 53.2 in March 2022, again outperforming its Asean neighbors.

The Department of Trade and Industry, through its industry and investments promotion arm, the Board of

Investments (BOI), believes the country’s manufacturing output will continue to rebound this year.

“The surge of the Omicron variant dampened our recovery expectations at the start of the year but with the lesser and lesser Covid-19 cases in February and March, all signs point to a full recovery in full swing starting March and in the coming months,” Trade Secretary and BOI chairman Ramon Lopez said.

The manufacturing output, through the

Purchasing Managers’ Index (PMI) of the IHS Markit Philippines, climbed to a three-year high at 53.2 in March, again outperforming its Asean peers as the country’s mobility was the highest, snapping four months of the index above 50.

“With this, we expect a robust first-quarter gross domestic product (GDP) performance and for manufacturing PMI to again signal expansion in April. Still on the brighter side, manufacturing output for the whole of 2021 capped a solid year marked

by nine straight months of growth culminating in December,” Lopez said.

The Philippine Statistics Authority’s (PSA) monthly survey of selected industries showed the Volume of Production Index (VoPI) expanded 17.9 percent year-on-year in December 2021 which is slower than the 25.8 percent growth in November but a turnaround year-on-year of the 14.8-percent decline recorded in December 2020.

The PSA indicated 11 industries that grew GROWTH/PAGE 11

PAL operator turns around with P60.6-B net income PAL HOLDINGS, Inc., the listed operator of flag carrier Philippine Airlines (PAL), saw its net income improve to P60.6 billion in 2021 from a loss of P73.1 billion a year earlier, primarily due to an increase in “other income” attributable to gain from debt settlement and condonation of debt.

The company’s revenues for 2021 reached P58.7 billion, 6.2% higher than the P55.3 billion in

2020, PAL Holdings said in its annual report released on Wednesday.

“The significant increase in revenues was mainly due to the increase in cargo revenues as air cargo has been a vital partner in delivering essential goods since the [coronavirus] pandemic,” it said.

The company’s operating expenses were cut 23.3% to P62.8 billion last year from P81.84

billion previously.

“This is mainly due to expenses related to grounded aircraft which were recognized under ‘other charges,’” it said.

Flying operations expenses decreased by P15.1 billion, 31.3% lower than the previous year’s balance of P48.4 billion.

PAL Holdings attributed the decrease to “fleet costs such as depreciation expenses and lease charges related to

grounded aircraft which were recorded under ‘other charges’ and fuel expenses due to decrease in number of flights operated.”

The company saw its aircraft and traffic servicing expenses fall to P6.1 billion or 14.8% lower than the P7.2 billion previously “mainly due to lower ground handling and landing and take-off charges.”

It likewise saw INCOME/PAGE 11

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MON-TUE|APRIL 11-12, 2022

Vivamax's sexiest stars come together in 10-part series AS the country’s no. 1 streaming platform Vivamax continues its phenomenal growth with 3 million subscribers and counting, and presence in 43 countries, the push to create content to add to more than a thousand titles already in its library has been upped several notches higher. Not only will a new full-length feature be premiered every week, but a whole slew of new series is coming to satisfy the binge-watch cravings of Vivamax subscribers.

This April, see Vivamax’s hottest and sexiest stars come together in an exciting new 10part series, Iskandalo, headlined by sizzling streaming queen Cindy Miranda (Adan, House Tour, Reroute) and Vivamax’s ultimate maximum crush AJ Raval (Death of a Girlfriend, Taya, Hugas).

Adding more heat to the scandal are new crushes Ayanna Misola (Pornstar 2; Kinsenas, Katapusan), Angela Morena (X-Deal 2) and newcomer Andrea Garcia. Even former FHM cover Jamilla Obispo will unleash her own brand of sexiness in this edgy new series by hitmaking director Roman Perez Jr (Taya, House Tour, Hugas, Siklo).

Iskandalo begins with the death of a popular young celebrity who

was recently involved in a viral sex scandal. Was it suicide? Foul play? Who killed her? A woman cop is determined to solve the crime that will blow up to even more scandalous proportions as it will involve treachery among influential people. It’s a classic whodunit story.

Fans of Vivamax’s maximum crushes are in for the most satisfying binge-watch experience as they have all of ten weeks to be with their fantasies. AJ Raval is on fire in Iskandalo, cementing her reputation as this generation’s pinup girl. Ayanna Misola was a revelation in Kinsenas, Katapusan and her irresistible innocentoutside-naughty-inside appeal will have her fans glued to the series. Newcomers Angela Morena and Andrea Garcia will not be let behind—they will provide level 5 hotness!

Iskandalo is director Roman Perez asserting himself as the leading voice behind gritty, edgy urban visual storytelling.

This early word is out that Iskandalo will likely set standards on what a new kind of Pinoy series should be. This is one scandal that’s not taboo, ito ang: #ScandalNaHindiBawal

Camiguin PHO sustains immunization for newborns amid COVID-19

by GABRIEL D. ANDRES

CAMIGUIN—Despite the COVID-19 health crisis, the Provincial Health Office (PHO) of Camiguin continues to provide newborn children protection from vaccinepreventable diseases through routine childhood immunization offered in local hospitals and health centers, a health officer here said.

Camiguin Vaccine Czar

Conrado F. Odchigue said the local government has abided by the guidelines on the conduct of routine immunizations alongside COVID-19 vaccination as stated in Department Memorandum 2021-0383 issued by the Department of Health (DOH). In its localized implementation, Camiguin PHO was able to vaccinate a total of 1,100 newborn children in the

past year.

"Ang atong overall goal gyud ani is to reduce mortality or [hospitalization] tungod sa vaccine-preventable diseases (Our overall goal is to reduce mortality or hospitalization due to vaccine-preventable diseases)," Camiguin Vaccine Czar Conrado F. Odchigue said.

Routine immunization begins immediately SUSTAINS/PAGE 11

Learning : Home Versus School ALGINA B. CABANA Teacher I Medina Central School Medina North District

As a line says “ Learning starts at Home” definitely true! Why? Most of a child's ability to communicate, to do baby talk, starts to crawl and walk, to relate to teachers and peers and their attitude to learning, is formed from home. Parents have greater influence to their child’s first learning. They give their children a head starts, by beginning their education at home.

Teaching children at home gives them more opportunity to understand any subject but of course this is a case to case basis.

Basically, when we talk home school meaning you have an own hired private teacher paid by the parents and this is the real scenario of a home schooling, you do learn at home in you own pace. All attention is paying to one pupil and every question is answered. There is no possibility to cheat or be unprepared to the lesson.

Child could develop their interest in any subject very easily. This is the better

way to be very good and prepared for every exam. But, in general, this is the most expensive way to have well educated child but not all.

Children, who are educated alone, have less friends and colleagues.

School is reasonably cheaper than home education. There is no need to hire own teacher.

Specially in a government school, everything is free.

The attention for many pupils is evident and among more children is some kind take a rivalry or competition in any aspects. Pupils learn because they want to be better than friend or a classmate. They meet more people so their life is more civilized. Friendship for all life starts very often in school. Adult life has less mysteries for them than for children educated at homes.

However, there are more violence and bullies, more opportunity to meet bad company.

But todays pandemic, it changed a lot. Most education continued at home for over

2 years. Children stayed and learn at home regardless of life status; poor, average and rich people. Parents don’t have the choice not to be the instant teacher to their own kids. Family circle becomes educators to their siblings without any compensation.

Long before, only prominent people can afford to do the home schooling for their kids for they can afford to pay their own hired teacher but for today, its different!

Everybody becomes a teacher whether you have a license or not for as long as you have the ability to teach it is very helpful. The most important thing that taught us is kind of World crisis is the process of educating our young children was not stop to where pandemic started.

Let’s be more optimistic in nurturing our children.

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MON-TUE|APRIL 11-12, 2022

7

Banking&Finance

P1-K polymer banknotes out by April 18: Diokno THE initial batch of the 1,000-peso polymer banknotes will be out this April 18, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said.

“And this will be initially through over-thecounter. And maybe in six months time, you will see it in your ATMs (automated teller machines). I understand they (banks) have to reconfigure the ATMs," he said in a virtual briefing on Thursday.

Diokno said the polymer banknotes will be issued alongside the 1,000peso paper banknotes.

He said the use of polymer banknotes is better compared to paper

banknotes now amid the coronavirus disease 2019 (Covid-19) since the former can be sanitized easily with less risk of damage to the banknotes.

The BSP said the design of the polymer banknote has the Philippine eagle and sampaguita on the obverse side, replacing the photos of national heroes Jose Abad Santos, Vicente Lim, and Josefa Llanes Escoda; and the Tubbataha Reefs Natural Park, South Sea Pearl, and T’nalak weave design on the reverse side, the same as the current 1,000-peso paper banknote.

Addressing questions regarding the removal of

the photos of the national heroes on the 1,000peso polymer banknote, lawyer Sarah Severina Curtis, BSP Banknotes and Securities Production Management Department deputy director, said the central bank has been featuring both the national heroes and the natural environment on BSP-issued currency for decades now.

“As with the heroes’ theme, the flora and fauna demonstrate our pride and distinction as Filipinos.

It will remind our people even of the pressing challenges of changing climate and associated environmental and social risks of our nation’s

BSP encourages investment in Islamic banking THE Bangko Sentral ng Pilipinas (BSP) is now working with the Bangsamoro government, along with several government agencies, as part of the whole-ofgovernment approach to encourage investment in Islamic banking.

In a virtual briefing on Thursday, BSP Governor Benjamin Diokno said monetary authorities have established a comprehensive set of regulations to promote wider investor and consumer participation on Islamic banking.

This, following the signing into law of several measures in recent years, such as the Organic law for the Bangsamoro Autonomous Region in Muslim Mindanao, the Act Amending the BSP Charter, and the Act Providing for the Regulation and Organization of Islamic Banking Banks.

Diokno said these regulations include Circular No. 1069, which discusses licensing framework; Circular No. 1070 or the Shari’ah Government Framework; and Circular No. 1116 discussing liquidity risk management.

He said the central bank issued on March 23, 2022 the reporting framework for Islamic banks and Islamic banking units, which is “aligned with the BSP’s single regulatory and supervisory framework.”

“It highlights that (the) existing regulations apply to Islamic banks and Islamic banking units insofar as these are consistent with Shari’ah principles or requirements,” he added.

Diokno said Islamic banking units are required to segregate its books and records from those of its conventional bank.

“Aside from promoting transparency, this aims to ensure that transactions of the Islamic banking

unit are carried out in accordance with Shari’ah principles,” he said.

Islamic banking is different from conventional banking since the former does not impose interest in accordance with the Shari’ah law promoting risk-sharing.

To date, the Al-Amanah

Islamic Investment Bank of the Philippines is the only Islamic bank in the country.

The bank was created in 1973 through Presidential Decree No. 264 and was initially named Amanah Islamic Bank. It has a capitalization amounting BANKING/PAGE 11

BANKNOTE. The Bangko Sentral ng Pilipinas (BSP) said the 1,000-peso polymer banknote will be released starting April 18, 2022. The banknote is deemed to be more hygienic than the 1,000-peso paper bill since this can be sanitized with less risk to the banknote. (Photo from BSP)

commitment and action to ensure a sustainable future for everyone,” she said.

Quoting historian and professor Ambet Ocampo, Curtis said “it is impossible for the BSP to erase history.”

“Indeed, the central bank is really pushing through with a redesign to protect the integrity of our money. The 1,000peso note is a natural

target of forgers as the banknote with the highest denomination. The first line of defense against counterfeiting is a portrait in front of the bill,” she said.

Curtis said the 1,000peso polymer banknote’s security features have been designed using advanced technology to deter counterfeiting.

“We would like to

reiterate that there will be no demonetization of any currency during the Governor’s term,” she added.

Diokno and Finance Secretary Carlos Dominguez III presented to President Rodrigo R. Duterte 50 pieces of uncut 1,000-peso polymer banknotes in a ceremonial program in Malacañang on Wednesday. (PNA)

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MON-TUE|APRIL 11-12, 2022

NEW FACES OF TEACHERS IN THE NEW NORMAL by: MARIZEL URSABIA OBSIOMA Secondary School Teacher I CDONHS-Junior High

“I have come to believe that a g re at te acher is a g re at artist and that there are as few as there are any other great artists. Teaching might even be the greatest of the arts since the medium is the human mind and spirit.” -John Steinbeck MULTITASKER. With the emergence of the Covid-19 p andemic, t here are a lot of plights and uncertainties that the pandemic yielded to us. One of the hurdles is the abrupt change in the teachinglearning setting of the students and teachers. Some may be thinking and expecting that the teachers are merely the masters of classroom rules

and didactic standards, but the roles of the educators amidst the global pandemic are undoubtedly worthwhile and hig h ly resp e c te d. We are obliged to change our pedagogic methods on a short period of time and that is e v i d e nt l y c h a l l e n g i n g . It is specially saddening and stressful for the teachers for the past and present academic years to change their ways of teaching as it is new and uncomfortable. B estowing the quality of education in t he c ur rent situ at ion is a challenge for the educators; filling out a pile of school for ms, unfami liar ity wit h technolog y, lack of access

with technological devices, buffering internet connection, answering queries from the students, parents and school admins, tons of t hings to prepare and arrange, and etc. therefore, the teachers are one of the heroes in the middle of the global pandemic that needs to be appreciated and valued.

EXPRESS DELIVERER. Modular learning platform serve as the best alternative to still continue the education of the students, hence, the role of the teachers is best tested in this trying time. For most of the public schools across the country, they embrace the modular distance learning where the self-learning modules and activity sheets

are being delivered to the student’s house or to a specific l o c at i o n by t h e t e a c h e r s themselves, and the parents or guardians will get them (the printed modules) afterwards.

ONLINER. The teachers on the other hand, also ensure that there is still an online c o m mu n i c at i o n w i t h t h e students and parents to at least guide them with their weekly lessons, answer some qu e r i e s and mot iv ate t he learner for them to still have an exciting learning process as no matter kind of channel used in the learning-teaching process, they still need to adjust their way of teaching and be innovative to keep their students participate, as each and every household has converted to classroom.

Regardless how the lessons are well discussed on selflearning sheets, still, it will be a big help for the students if a teacher discusses it online as well as pre-recorded video discussions would be helpful.

Teachers are also trying their ver y best to shorten their discussions as some students do not have an enough access to internet or data connection.

FRONTLINER. In addition, the covid-19 pandemic has rectified how t h e e d u c at o r s s p l i t t h e i r time between assisting their students, teaching, directorial tasks as well as their household duty. As far as one can judge in the current situation, they thought that the teacher’s job is to only inculcate learnings and distribute printed learning materials. Teachers need to manage their time carefully as they have a lot of loads to carry. They are also risking

their health to fully fulfill their duty, not just as a teacher but a ls o a f ront liner t hat serves the future hope of the country.

In conclusion, t he ke y roles of an educator through face-to-face or virtual learning are indispensable to the development of the learners’ educational growth.

Everyone must be respectful, understanding, and careful in expressing one’s opinion and thought especially in this time of difficulty.

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE KNOWN ALL MEN BY THESE PRESENTS: We, RODOLFO A CLAPERO, RUDY A. CLAPERO, CESAR A. CLAPERO, TEDDY A. CLAPERO, LODENIA C. DOMINGUEZ, LUDENIDO CLAPERO & FLORA RABUYA, all of legal age, married, residents of Cogon, El Salvador City, Mis. Or hereby freely and voluntarily declare and state that: 1.

We are the legal and sole heirs of the deceased FERNANDO CLAPERO who died on FEBRUARY 16, 2022 at LUMBIA, CDO (the deceased) 2.

The deceased left the following property/ies, to wit: 3.

The Deceased left the following property/ies, to wit: a.

Bank account maintained with BDO branch of Cagayan de Oro Carmen (Bank): Saving Account Nos 332208016332/ and _________________ /and P_______________ plus interest, respectively.

4.

Pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, we do hereby adjudicate unto ourselves the above described property/ies, have agreed to waive our share in the aforementioned property/ ies in favor of LODENIA C. DOMINGUEZ IN WITNESS WHEREOF, we have hereunto set our hands this day of __________________ at ______ ACKNOWLEDGEMENT REPUBLIC OF THE PHILIPPINES) EL SAVADOR CITY) s.s.

Before me, a Notary Public and in the above jurisdiction, personally appeared the following:

Name CTC No. Date and Place Issued NAMES: All known to me and me known to be the same person who executed and signed the foregoing Deed of Extra-judicial Settlement of the Estate of the deceased (name of the Deceased), which deed consist of ( ) pages, including this page where on the Acknowledgement appears, signed by the parties and the instrumental witnesses at the bottom of the last page and the left hand margin of each and every page thereof, and the partial acknowledged to me that the same is their free and voluntary act and deed NOTARY PUBLIC BWM: April 4, 11 & 18, 2022

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 38 Cagayan de Oro City IN THE MATTER OF THE PETITION FOR CANCELLATION OF THE BIRTH CERTIFICATE OF LIVE BIRTH OF HIND MARIE LABORTE DARWEESH UNDER REGISTRY NO. 2004-11,719

SPEC. PROC. NO. R-CDO-2200667-SP

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 41 Cagayan de Oro City IN RE: PETITION FOR CHANGE OF NAME FROM ALLEN GO TO ALLEN GO FLORES AND ALMER GO TO ALMER GO FLORES.

R-CDO-22-00868-SP

ALLEN GO FLORES AND ALMER GO FLORES, Petitioners,

MARIFE A. LABORTE REP. BY HER ATTORNEY-IN-FACT ESTRELLA J. LEONO Petitioner, -versus-

-versusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent x--------------------------------------------------------/

THE CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent.

--------------------------------------------------------------------/ ORDER Finding the Petition for Cancellation of birth certificate of Hind Marie Laborte Darweesh to be sufficient in form and in substance, the same is hereby given due course and set for initial hearing on May 11, 2022 at 9:00 o’clock in the morning at the Session Hall of this Court on which date, time and place, all persons who may have any opposition to the petition herein sought, may appear to show cause why said petition should not be granted.

ORDER Let this case be heard on May 16, 2022 at 8:30 a.m., at this court sitting at the Goldridge Building, Masterson Avenue-P.N. Roa Avenue, Upper Carmen, Cagayan de Oro City. The Civil Registrar concerned and any person having or claiming any interest under the certificate of birth whose cancellations/corrections are sought may, within fifteen (15) days from notice of the petition, file his or her opposition thereto.

Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing.

At the expenses of the petitioners, let a copy of this Order be published once a week for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and in the City of Cagayan de Oro.

Likewise, let copies of this Order, with Petition attached, be posted by the petitioner on the bulletin boards of the Court, the City Hall of Cagayan de Oro City and Barangay Hall of Bulua of the city for at least ten (10) days prior to date of hearing.

Further, let a copy of this Order and the petition be posted at the bulletin boards of the entrance door of this court, City Hall, and Barangay Hall of Macabalan, all in Cagayan de Oro City.

Furnish copies of this and the Petition to the Offices of the Solicitor General, City Prosecutor of Cagayan de Oro City and the Local Civil Registrar of Cagayan de Oro City.

Finally, let a copy of the petition and this Order be furnished to the Office of the Solicitor General and the Offices of the Civil Registrar concerned.

SO ORDERED. March 11, 2022, at Cagayan de Oro City.

SO ORDERED. Cagayan de Oro City, March 17, 2022 (SGD) JEOFFRE W. ACEBIDO Presiding Judge

(SGD) EMMANUEL P. PASAL Judge BWM: Mar 28, Apr. 4 & 11, 2022

BWM: April 4, 11 & 18, 2022

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MON-TUE|APRIL 11-12, 2022

DIRECTORY

NCTzens Alert: 0917 Lifestyle launches all-new NCT ‘Universe’ merch collection

N

CTzens and K-Pop fans alike have a lot to be thrilled about this month as 0917 Lifestyle, in collaboration with SM Entertainment (SME), just launched exclusive merchandise celebrating the release of NCT's “Universe” comeback album.

NCT, an acronym for Neo Culture Technology, is a popular 23-member South Korean boy band formed by SME that

debuted in January 2016.

The group, which won its very first Asia Artist Awards Grand Daesang in 2020, has three fulllength albums to its name: Empathy (2018), Resonance (2020), and Universe (2021).

Universe is a 13-track album featuring catchy singles "Universe (Let's Play Ball)" and "Beautiful."

"Coming from the success of our EXO collaboration, as

CEB rolls out per piece checked bag options Now allows up to two bags, max 64kg per passenger

Cebu Pacific announces changes to its checked baggage policy, in line with the airline’s goal to improve its processes for a more efficient and seamless customer experience.

The per piece baggage allowance for all new bookings will apply starting today, April 6. When booking flights, passengers have the option to purchase either a 20kg or a 32kg – both equivalent to only one (1) piece of check-in luggage. A maximum of two options can be purchased per traveler, now enabling everyJuan to carry up to 64 kg worth of bags from the previous 40 kg limit.

“We have been continuously reviewing our processes to ensure we are able to provide the best customer experience for everyJuan while remaining at par with our global counterparts.

This new rule makes the process simpler and more efficient for all, which we believe

will result in better management of flight timings," said Candice Iyog, Vice President for Marketing and Customer Experience at Cebu Pacific.

Passengers are also encouraged to purchase their baggage allowance with their tickets during initial booking on the CEB website and mobile app, so you can save up to 64% versus paying baggage fee during bag drop at the airport. This new per piece baggage policy applies to all passengers with checked baggage.

“We are encouraging our passengers to bring one big bag instead of multiple small bags, so it’ll be easier and faster for them at our bag drop counters,” added Iyog.

CEB reminds everyJuan to properly pack their bags and avail of additional prepaid baggage allowance to avoid any other additional fees at the airport.

Visit https://bit.ly/ CEBPrepaidBag for more information.

promised, we are thrilled to present our latest collection featuring NCT. NCTzens can expect exciting merchandise highlighting layouts from the group’s album, NCT 2021 Universe. Watch out, K-pop fans, because this will not be the last,” said Beng Ochoa, 0917 Lifestyle Head.

0917 Lifestyle is Globe’s progressive urban brand for apparel, gadgets, and accessories. Aside from the partnership with SME, it has previously collaborated with other fandom-driven brands like Disney, Marvel, and MTV. The 0917 NCT Collection features NCT shirts, jackets, hoodies and other accessories that come in an envelope sleeve packaging. An exclusive random one of 21 unreleased digitally signed NCT Universe photocards are included for every purchase of DEED OF EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF THE PERSONAL ESTATE OF JEFRY B. ROA WITH DEED OF ABSOLUTE SALE IN FAVOR OF SPS. RACHEL HANNA GALENZOGA-SALILIG & TIMOTHY RYAN B. SALILIG

any shirt, jacket, and/or hoodie.

The merchandise is exclusively sold and available only on selected 0917 sales channels.

These are 0917Lifestyle. com, Globe's online shop, Globe's shops in Zalora, Lazada, and Shopee, and selected Globe Stores.

0917 and SME entered into a partnership last year, beginning with the 0917 EXO Collection designed after the band’s "Don’t Fight The Feeling" special album. SME has been hailed as having led the worldwide K-pop phenomenon through its roster of successful artists such as H.O.T, BoA, TVXQ, Super Junior, Girls Generation, SHINee, EXO, NCT, and a lot more.

To know more about 0917Lifestyle, visit https://0917lifestyle.com/.

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH DEED OF ABOSLUTE SALE KNOW ALL MEN BY THESE PRESENTS:

That the late JEFRY B. ROA on December 1, 2017, died intestate or without a will and without any existing debts; is the absolute and registered owner of one (1) motor vehicle which are particularly described as follows; Make: Suzuki; Series: CELERIO-CVT; Body Type: Hatcback; Plate No.: KAA1126; Engine No.: K10BS1068069; Chassis No.: MMSFE42S8HR101922; and has been the subject of an DEED OF EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF THE PERSONAL ESTATE OF JEFRY B. ROA WITH DEED OF ABSOLUTE SALE IN FAVOR OF SPS. RACHEL HANNA GALENZOGA-SALILIG & TIMOTHY RYAN B. SALILIG, filed by the heirs of JEFRY B. ROA, in favor of SPS. RACHEL HANNA GALENZOGASALILIG & TIMOTHY RYAN B. SALILIG, per DOC #263; PAGE #54; BOOK #01; Series of 2022 under the Notarial Registry of ATTY. REMO VEN GENE N. RATILLA.

That the late TERESA P. BACAYANA, who died last 27 September 2010 I Cabasagan, Matanao, Davao del Sur, Philippines without any debts and a will; the said deceased at the time of her death left a certain real property with Tax Declaration No. 0815000706271 situated at Igpit, Opol, Misamis Oriental, FURTHER, FOR AND IN CONSIDERATION of the sum of ONE MILLION EIGHT HUNDRED THOUSAND PESOS (PHP 1,800,000.00), Philippine Currency, the receipt whereof is hereby acknowledged in full from the VENDEE, the VENDOR-HEIRS do hereby SELL, TRANSFER, CONVEY and DELIVER, by way of ABSOLUTE SALE, unto the VENDEE, its heirs assigns and successors in interest, a portion of the above- mentioned property with all the improvements existing thereon, which portion consists of One Thousand Eight Hundred (1,800) Square Meters, of the subject lot, identified as Lot 5415-A, and has been the subject of an DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH DEED OF ABOSLUTE SALE, filed by the heirs of TERESA P. BACAYANA, in favor of HAZEL TAN representing: Glacierplus, INC., per DOC #352; PAGE #72; BOOK #VII; Series of 2022 under the Notarial Registry of ATTY. GREGORIO MIGUEL H. PALLUGNA.

BWM: April 11, 18 & 25, 2022

BWM: April 11, 18 & 25, 2022

KNOW ALL MEN BY THESE PRESENTS:

A PUBLIC SERVICE BY:

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MON-TUE|APRIL 11-12, 2022

Hedcor gives over P340K worth of viable livelihood in Bukidnon’s Brgy Santiago MANOLO FORTICH, Bukidnon—Hedcor Bukidnon Inc, AboitizPower’s runof-river hydropower subsidiary, provides its host communities with over P340,000 worth of sustainable livelihood through the Land Rehabilitation and

Livelihood Project on Bamboo Production NC II in August last year. This was in partnership with Aboitiz Foundation Inc., together with TESDA Manolo Fortich and the Public Employment Service Office (PESO) of Manolo Fortich.

“Hedcor Bukidnon

is making this project possible to ensure our host community landowners become competent bamboo farmers. Through this, they will earn income and at the same time, protect the Amusig river,” says Noreen Marie Vicencio, Vice President for Corporate Services.

Twenty-five landowners are participating in a community-based training that is managed by PESO Manolo Fortich at Barangay Santiago Covered Court to become competent bamboo farmers and/or bamboo nursery operators.

Trainees will be able to establish a bamboo farm,

Awarding of the completion of the 195-hour Bamboo Production NC II. (Hedcor-AboitizPower) REPUBLIC OF THE PHILIPPINES PROVINCE OF MISAMIS ORIENTAL CITY OF CAGAYAN DE ORO X --------------------------------------------------/ AFFIDAVIT OF SOLE ADJUDICATION That I, ANGUSTIA CADIZ TANTICO, of legal age, Filipino citizen, residing at B31 L22 Xavier Heights Subd., Upper Balulang, Cagayan de Oro City, after having been duly sworn to in accordance with law, do hereby depose and state: 1. That I am the surviving legal spouse and sole heir of the late, OSCAR M. TANTICO, who died last FEBRUARY 23, 2022 in (at home) Xavier Heights Subd., Upper Balulang, Cagayan de Oro City; Attached hereto is a copy of the Certificate of Death of my deceased husband as ANNEX “A” and made an integral part hereof; 2. That my afore-named deceased husband left a personal saving account with BANK OF THE PHILIPPINE ISLANDS (BPI) – Cagayan de Oro Ayala Branch with the Account no. 002013-02353-92; 3. That said deceased left no debts, no children, and no surviving ascendants; 4. That pursuant to Rule 74, Sec. 1 of the Rules of Court, I hereby adjudicate unto myself the said BPI Savings Account with Account no.

002013-02353-92 and the money deposited on it, which represents my lawful inheritance/share spouse, and hereby files the same with the Registry of Deed of Cagayan de Oro City, with the request that said adjudication be made effective without judicial proceedings as prescribed by the aforementioned Rules of Court; 5. That I am executing this affidavit to attest to the truth of the foregoing facts for all legal intents and purposes and I further certify that the contents of this affidavit has been duly explained to me in the dialect that I understand and speak, that is, in the Visayan dialect.

IN WITNESS WHEREOF, we have hereunto affixed our hands and signatures below this 24th day of March 2022 in the City of Cagayan de Oro, Philippines ANGUSTIA CADIZ TANTICO Affiant SUBSCRIBED AND SWORN to before me this 24th day of March 2022 in the City of Cagayan de Oro, Philippines, personally appeared the abovenamed affiant, exhibiting to me her UMID: CRN-0111-227646-5 known to me to be same person who personally signed before me the foregoing Affidavit and acknowledged that she executed the same.

BWM: Mar. 28, Apr. 4 & 11, 2022

conduct a bamboo clump rehabilitation, and conduct harvesting and postharvesting operations.

This project entails a three-year land rehabilitation program divided into three phases: Year 1–Revegetation; Year 2–Capability-building and Skills Training; and Year 3– Production and Marketing.

This is also in support of the implementation of the Watershed Management Plan (WMP).

Through this program, landowners are encouraged to be independent and self-sustaining as they seek to improve their education and receive continued support as they work to successfully complete a program.

"We are very happy that in the entire Region 10, our Barangay was selected to pioneer in Bamboo Production. It was a great opportunity for us.

Knowing how big Hedcor's dreams are for us, and for choosing us, we will never

take this for granted. This is a very big help to us,” says Kagawad Heleborn Moncado, who was also one of the trained landowners.

Moncado also thanked Aboitiz Foundation and Hedcor Bukidnon, Inc.'s Corporate Social Responsibility (CSR) Department for sponsoring the project, as well as their trainer, Ms. Helen Pilaris, who assisted and supported them throughout the program.

The 25 landowners who completed the first phase went through a 195-hour competencybased curriculum, Bamboo Production NC II. The course included practicing safety measures, and operating simple equipment utilizing various tools.

Through this program, the participants’ skills were honed to become competent in bamboo farming. (RADela Cruz Hedcor-AboitizPower/PIA10/Bukidnon)

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MON-TUE|APRIL 11-12, 2022

Free... singing talent at all! Yet they believe they do! Remember: “You can’t put in what God left out.” So don’t waste your life trying to succeed at something you were not made to do.

There’s a saying: “The best psychologist is the one inside you.” But that is only true if the One Who created you is the One living inside you. Only He can help you know and become the person He designed you to be. So won’t you ask Jesus to help you break out of the prison of your wrong thinking and sinful living? If you ask Him to forgive and free you, He can help you to start seeing and being all that He created you to be. Just think a minute.

I had to make a quick decision. After consulting with Vice Mayor Fresnedi and the councilors present, I agreed to the proposal.

At two minutes before m i d n i g ht , a m ot i on to a p p r o v e M u n t i n l u p a’s cityhood was made and unanimously approved.

When Senator Tito Sotto banged the gavel to announc e t he approva l of our charter, I felt like Michael Jordan beating the final buzzer enroute to winning his 6th NBA championship.

President Fidel Ramos, Mu n t i n l u p a’s F a v o r i t e Adopted Son, signed the bill into law on March 1, 1995. He was not aware, however, of the drama that happened on the senate floor.

significantly supported by the surge in the country’s foreign direct investment (FDI) net inflows last year to reach an all-time high of US$10.518 billion, 54.2 percent higher than US$6.822 billion in 2020, according to the data from Bangko Sentral ng Pilipinas (BSP).

The previous record level was US$10.3 billion in 2017. The 2021 net FDI also surpassed the earlier government projection of US$8.5 billion. “ The growth in FDI reflected continued positive foreign investor sentiment on the countr y amid expectations of a rebound in domestic economic activity and declining Covid-19 reported cases, as well as the strengthening of the global economy,” Rodolfo said. (PR)

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Security...

amidst morale collapse and religious apathy.

In a world that is giving so much veneration to the profit motive that has already captured the mindset of all governments, all institutions, a l l universit ies and a l l religions, it has become imperative to debunk cor p orate globalization amidst gross inequities.

In our country alone, 70% of the GDP went only to the pockets of 50 oligarchs in a country where economic power begets political power as elections in this country is just a “big circus.”

In d e e d , t h e n at u r a l resources and the ecosystems are only ours to protect for the coming generations.

But at the rate that we have exploited or resources, we have robbed our children of their inheritance.

Cityhood... from page 4

He said: “Brod, you can still save your cityhood. That is, if you will agree that Muntinlupa’s representation in congress will take effect in 1998 and not in 1995, as provided in the bill.”

AFFIDAVIT OF SELF-ADJUDICATION AS SOLE HEIR WITH DEED OF DONATION KNOW ALL MEN BY THESE PRESENTS: That the late SPOUSES PERFECTO S. BONGGO and EUSEBIA T. BONGGO, who both died without last will and testament, on May 2, 2005 and July 15, 1993 that at the time of their death, they left parcels of land with Tax Declaration No. 02-04007 situated in Barangay Cogon, El Salvador City, Province of Misamis Oriental and Island of Mindanao, containing an area of FIVE THOUSAND ONE HUNDRED EIGHTY THREE (5,183) SQUARE METERS, more or less and Tax Declaration No. 02-04006 situated in Barangay Cogon, El Salvador City, Province of Misamis Oriental and Island of Mindanao, containing an area of THREE THOUSAND FIVE HUNDRED THIRTEEN (3,513) SQUARE METERS, more or less, and has been the subject of an AFFIDAVIT OF SELFADJUDICATION AS SOLE HEIR WITH DEED OF DONATION, filed by the heirs of SPOUSES PERFECTO S. BONGGO and EUSEBIA T. BONGGO, in favor of SHAUN REY B. ASEQUIA and SHERLOCK RAUL B. ASEQUIA, per DOC #282; PAGE #57; BOOK #XI; Series of 2019 under the Notarial Registry of ATTY. JAN ELSON G. ORQUILLAS. BWM: April 4, 11 & 18, 2022

Growth...

in December and were paced by the manufacture of wood, bamboo, cane, rattan articles, and related products which attained a 122.6-percent growth year-on-year.

Other gainers include the manufacture of machinery and equipment, as well as electrical as both grew by 50 percent.

Other industries recorded double-digit growth, such as coke and refined petroleum pro duc ts (48 p ercent), computer, electronic and optical products (27 percent), non-metallic mineral products (37 percent), food products (32 percent), and fabricated metal products (40 percent).

All told, about a fourth of factories were at the fullcapacity operation.

Growth in the Value of Production Index (VaPI) posted an increase of 18.6 percent in December from 27.2 percent in November.

For the full year, VaPI increased by 47 percent, a turnaround from the 43 percent contraction in 2020.

“The nine-month run expansion of manufacturing output played a key role in pushing our economic growth to 5.6 percent for 2021, above our target of 5 to 5.5 percent.

By capping its run until the end of the year ushered a strong 7.7-percent GDP growth in the last quarter,” Trade Undersecretary and BOI managing head Ceferino Rodolfo said, noting that manufacturing was among the sectors that posted investment growth.

The growth in the manufacturing sector was

Profit...

41% of last year’s total.

Mid-market developments contributed 27% while the high-end segment made up 31%.

CLI said its projects t h at “f a r e d w e l l” w e r e Ter ranza Residences in Iloilo City, which was 82% sold by end-2021; and its first resort living complex C o s t a M i r a B e a c ht ow n Mactan, which was 92% sold-out a week from launch.

“By the end of 2021, construction was in fullswing across all project sites in 16 key cities in Vi s M i n a n d c a t c h - u p me asures had b e en put in place to comp ens ate for delays caused by quarantine restrictions,” the company said.

It said a “major investment” that is pro c e e d i n g a s p l a n n e d is Masters Tower C ebu, which will bring 10,500 square meters (sq.m.) of gross leasable area (GLA) and will incorporate Sofitel Cebu City’s 195 rooms.

“Another anchor project is t he 1 2 5 - ro om Ab a c a Resort Mactan, a luxur y hotel designed to be among C e b u ’s p r e m i e r h o t e l destinations,” it added.

The company has one operating hotel and seven other brands “u nd e r d if fe re nt st age s of construction,” which in total will give its hospitality portfolio a total 1,775 keys by 2025.

This year, CLI has 21 projects in the pipeline, which includes a new site in Palawan.

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Income... from page 5

passenger service expenses decline 21.3% to around P4 billion from P5.1 billion, mainly “due to decrease in number of passengers which resulted in lower passenger food and inflight.”

At the same time, PAL Holdings saw its maintenance expenses decrease by more than 19% to P10.1 billion from the previous year’s P12.4 billion due to “grounded aircraft and lower utilization of aircraft.”

The company noted that reservation and sales were lower at P3.16 billion in 2021 versus the previous year’s P3.20 billion. It attributed the decline to the “significant decrease in sales due to travel restrictions.”

It said that general and administrative expenses rose to P6.2 billion, up 11.9% from the previous year’s balance of P5.5 billion, primarily because of “restructuring expenses such as legal and professional fees.”

The company also said that “other income” of P64.4 billion recognized in 2021 was “mainly attributable to gain from debt settlement and condonation of debt,” while the charges, net of P29.4 billion in 2020, were “due to the impairment loss recognized for some of the group’s operating fleets.”

Sustains... from page 6

after childbirth, wherein newborns are given the bacille Calmette-Guerin (BCG) vaccine for tuberculosis and the hepatitis B vaccine.

In it i a l d o s e s of t he oral Polio vaccine (OPV), pneumococcal conjugate vaccine, and the pentavalent vaccine for diphtheria, pertussis, tetanus, influenza B and hepatitis B are given within the first 6 weeks, and second and third doses within the 10th and 14th week.

Furthermore, newborns receive their first and second doses of the measles, mumps, and rubella (MMR) vaccine during their 9th and 12th months respectively.

Provincial Health Officer Dr. Gretchen L. Cabalang encouraged mothers to have their children vaccinated, as these vaccines are safe and supported by extensive

research and testing. She added that local hospitals here employ strict storage and handling measures to maintain the effectiveness and safety of these vaccines.

(GDA/PIA-10/Camiguin)

Banking... from page 7

to PHP50 million.

It is currently under the Development Bank of the Philippines (DBP) after the latter obtained ownership of the former’s 99.9 percent shares following the acquisition of the shares of the national government, the Social Security System (SSS), and the Government Service Insur ance C or p or at i on (GSIS) in 2008.

With the enactment of several laws supporting the establishment of Islamic banks or Islamic banking units, Diokno said the BSP has received inquiries regarding the establishment of such, even from a foreign bank.

He, however, said that no formal application has been submitted to the BSP

to date.

“Potential players are perhaps conducting market research,” he added.

Aske d for issu e s or concerns raised by financial institutions regarding the setting up of Islamic banks, Diokno said “law awareness or understanding of Islamic banking remains a major concern.”

“To address this, the government is mandated to provide capacity building programs which cater to the specific needs of different stakeholders, both in the public and private sector,” he said.

T h e ot h e r c on c e r ns include capital requirement to est ablish a Shar i’a h governance framework, he said.

Capital requirements for setting up of an Islamic bank or Islamic banking units range from PHP10 billion to PHP20 billion depending on the number of branches, BSP deputy director and head of the Islamic Banking Supervision Group lawyer Noel Tianela said. (PNA)

12

Conserve electricity by maximizing laundry load

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MON-TUE|APRIL 11-12, 2022

ECCP holds conversation on Mindanao power situation

MINDANAO adviser for Aboitiz Equity Ventures (AEV) and former president of AboitizPower subsidiary Davao Light and Power Company Arturo Milan, has recommended short- to long-term solutions to help manage the potential increase in commodity costs in Mindanao in a presentation during the first Mindanao Business Summit hosted by the European Chamber of Commerce of the

Philippines (ECCP) on Mar 31, 2022.

The webinar hosted by the ECCP brought industry professionals and agencies from the public and private sectors to discuss the growing industries in Mindanao including agriculture, ICT, and tourism. Having reliable energy is of utmost importance to adequately support the economic needs of the region.

“The expansion in one industry has a spillover effect in another, hence, the need to harmonize development initiatives.

We have to capitalize on domestic strengths to push development further. We welcome our private sector partners in advancing the crucial sectors to reinforce the pillars of Mindanao’s competitiveness,” said Sec. Maria Belen S. Acosta, Mindanao Development Authority Chairperson in her opening remarks.

Milan stated in his presentation that while Mindanao has an excess power supply of around 1,000 megawatts, electricity costs are expected to increase due to the volatility of fuel costs in the global market resulting from the Russian-Ukraine war and foreign exchange rates.

He pointed out the need to look at demand-side management, particularly energy efficiency audits under the Energy Efficiency and Conservation Act or RA 11285.

He encouraged residential consumers to practice energy conservation habits such as unplugging hot water dispensers and kettles when not in use, maximizing laundry machine loads, and switching to energyefficient appliances to reduce energy wastage and increase energy productivity.

He also pushed for the implementation of the Wholesale Electricity Spot Market (WESM) in

Mindanao. The WESM is a venue for trading electricity as a commodity in the Philippines. It encourages competition in the generation space which can lower electricity prices.

“For us to be able to take advantage of our excess supply and hopefully get lower rates on electricity, we need this WESM in Mindanao,” Milan said.

In the mid-term, Milan advocated for the rehabilitation of the hydro facilities in Mindanao, especially the Agus and Pulangi plants to increase their capacity which dropped due to age and usage. This will increase the stock of renewable energy generation in Mindanao, which is in line with the Department of Energy's Philippine Energy Plan.

Milan also called for the interconnection of the Mindanao and Visayas grids which will allow the export of excess power to other areas and attain efficiency in the different generating plants.

As the country transitions to clean, renewable energy, Milan emphasized the development of new RE technologies is the way forward. Apart from RE, he stated that building more high-capacity power plants that can be used to supply electricity for the whole country and contribute to lowering electricity cost due to the economies of scale these provide.

Citing data from the grid operator's demand outlook as of March 2022, Mindanao currently has an excess power supply of over 1,000 MW, given its current dependable capacity of 3,082 MW and only around 1,975 MW in demand.

“As the region opens up its economy following the drop in COVID-19 cases, the power demand is now at 1,975 MW and is expected to soon exceed pre-pandemic levels,” Milan said.

Arturo Milan talks about the power situation in Mindanao during the 1st Mindanao Business Summit hosted by the European Chamber of Commerce of the Philippines