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BusinessWeek MINDANAO

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Volume VII, No. 137

Market Indicators As of 5:00 pm April 11, 2017 (tuesday)

FOREX US$1 = P49.779

PHISIX 7,617.91

X X Briefly

38.7

34.16

cents

points

Electronic smoking A CAGAYAN de Oro City Councilor on Monday pushed for an ordinance that would regulate “vaping” or electronic smoking (e-smoking) in public after the World Health Organization did not provide assurance that e-smoking is safe for human health. Councilor Lourdes Gaane, a doctor and chair of the city council committee on health, said she is concerned about the proliferation of vaping in Cagayan De Oro. Gaane cited the position of the American Cancer Society, which stated that “inhaling a substance is not the same as swallowing it. There are questions about how safe it is to inhale some substances in the e-cigarette into the lungs.”

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Duterte in Middle East to woo more investors www.businessweekmindanao.com

Tue-Wed | April 11-12, 2017

By CAROLYN O. ARGUILLAS, MindaNews

AVAO CITY — President Rodrigo Duterte is on his five-day sojourn to three Middle East countries from April 10 to 16 to invite more investors into Mindanao.

Asean commitment LAPU-LAPU City -- The finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN) reaffirmed Friday their joint commitment to promote economic growth and strengthen financial integration and stability in the region to guard against risks in the global economy arising from possible protectionist policies and volatilities, while ensuring that economic benefits are shared equitably among its peoples. In a joint statement issued at the end of the 3rd ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM), they also committed to “remain steadfast” in pursuing ASEAN’s goals to achieve a highly integrated, cohesive economy” that is “competitive, innovative, dynamic, with enhanced connectivity and sectoral cooperation” as well as “resilient, inclusive, peopleoriented, people-centered and connected with the rest of the world” amid the rise of protectionism and geopolitical developments that could derail the recovery of the global economy. “As such, we shall continue to promote economic growth, financial integration, strengthen financial stability, implement appropriate monetary, fiscal and macro-prudential policies in our jurisdictions, and intensify financial cooperation to further advance our region’s resilience,” the joint statement read.

Vendors disallowed THE CAGAYAN de Oro City Council committee on health and sanitation and health insurance during its recent meeting discussed the proposed ordinance prohibiting ambulant vendors from selling within 50-meters from schools. This is to comply with issued guidelines on food safety in school canteens, as contained in DepEd Order No. 52, s. 2008. The order instructs schools division superintendents to oversee the effective management of school canteens. It underscores the responsibility of the school principal for any untoward incident that may happen in school due to non-compliance with school health policies and food safety guidelines.

P15.00

CLOUD NINE ACTION. Women surfing royals around the world will vie for the Siargao Women’s International Cup slated on May 2-6 in Cloud Nine in General Luna, Siargao Island. mindanews photo by roel n. catoto

The President left on Monday for state visits to the Kingdom of Saudi Arabia, Bahrain and the State of Qatar where he is expected to explore partnerships in tourism development, halal food security, Islamic finance and energy security, as well as investments and “he will invite these countries to invest particularly in Mindanao as a way of lifting Mindanao out of both poverty and conflict,” Foreign Affairs Assistant Secretary Hjayceelyn Quintana said at the pre-departure press briefing in Malacanang The President visited Riyadh, KSA on April 10-12 where he met His Majesty King Salman bin Abdulaziz al Saud, proceeded to Manama, Bahrain on April 12-14 in a meeting with His Majesty King Hamad bin Isa Al Khalifa and move to Doha, Qatar from 14-16 to meet with the Emir Sheikh Tamim bin Hamad Al-Thani, said Quintana, who heads the Office of Middle East and African Affairs at the Department of Foreign Affairs. investors/PAGE 11

Siargao hosts world’s surfing queens in May By ROEL CATOTO, MindaNews

GENERAL LUNA, Siargao Island — The countr y’s surfing capital will host the Siargao International Wo m e n’s S u r f i n g C u p Qualifying Series 1,000, the much awaited event among surfing fanatics and enthusiasts on May 2 to 6 at Cloud 9, the country’s most sought after surfing haven. General Luna Mayor Jaime P. Rusillon said Monday that this is the very first time that the International Women’s Surfing Competition Cup will be sanctioned by World Surf

League (Qualifying Series), which means best females surfers around the world will vie for the points and trophies and prize pegged at $10,000 USD, the biggest for a women’s qualifying series 1,000. The World Surf League ( WSL ) , for me rly t he Ass o ciat ion of Sur f ing Professionals (ASP), is dedicated to celebrating the world’s best surfing on the world’s best waves through a variety of best-in-class audience platforms.

T h e WS L h a s b e e n championing the world’s best surfing since 1976, running global events across the Men’s and Women’s Championship Tours, the Big Wave Tour, Qualifying Series, Junior and Longboard Championships, as well as the WSL Big Wave Awards. The League possesses a deep appreciation for the sport’s rich heritage while promoting progression, innovation and performance at the highest levels. Mayor Rusillion, often referred to as the Godfather of Surfing in Siargao Island, surfing/PAGE 11

Uniqlo opens 3 stores in Mindanao By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- Japanese fast fashion retailer Uniqlo is opening three new stores in Mindanao, as it continues its expansion in the country. In a statement, Uniqlo Philippines Chief Operating Office Katsumi Kubota said the company will open 3,000 square-meter stores in two SM malls in Davao City, and another at the soon-to-be-opened SM Cagayan de Oro Downtown Premier. “We are committed to growing our business in Mindanao, and look forward to delighting our customers in this region for years to come,”

he was quoted as saying. The first new Uniqlo store will open on May 26 at the SM Lanang Premier, followed by another at SM City Davao on June 2. The Uniqlo store in Cagayan de Oro is set to open by end June. At SM City Davao, Uniqlo is one of 45 new shops and restaurants opening this year, mall manager Maria Lynette A. Lopez said. Ms. Lopez noted the same number of locators are negotiating to lease space at the mall. She expressed uniqlo/PAGE 10

SUMMER. A boy enjoys a bath in the manhole of an irrigation canal in hinterland Barangay Kabacsanan in Iligan City Sunday. mindanews photo by bobby timonera

RE share in PH energy mix tops 31% level By MYRNA M. VELASCO, Contributor

THE share of renewable energy (RE) in the country’s power mix already reached as high 31.4-percent on combination of emerging and conventional technologies, according to Energy Secretary Alfonso G. Cusi. In his presentation during a gathering of the Philippine Norway Business Council, Cusi noted that hydropower at 16.7-percent share still accounts for a big chunk of RE

capacity in the power grids on a national scale. The others are geothermal with 8.8-percent share; solar with 3.1-percent share; wind power cornering 2.0-percent in the pie; and biomass with 0.8-percent. Gas share stood at 17.2-percent last year while oil-based plants accounted for 14.8-percent. Coal energy/PAGE 11

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Economy

PRO 10 intensified security for Summer vacation 2017

LL police units in Northern Mindanao has been reminded to secure vital vital installations a n d i mp l e m e nt t a r g e t hardening measures in relation to the op erational guidelines of the Philippine National Police (PNP) dubbed as “Ligtas SUMVAC 2017.” Police Regional Office 10 director PCSupt Agripino G Javier has ordered lower units the deployment of more p olice of f icers i n t e r m i n a l s , a i r p or t s , seaports, highways, malls,

resorts, churches and other recreational areas to beef up police presence and ensure the peaceful summer vacation. During this period various events are expected to be celebrated such as Holy Week, town fiestas, Day of Valor, Flores de Mayo and other related activities that will start early of April until end of May this year. Such events will draw v a c at i one rs or tou r i st s a l i ke w h i ch w i l l re su lt to numerous commuters and travelers to visit their respective provinces and

tourist destinations and these may cause peace and order concerns including traffic congestion, accidents and other crimes. Criminal elements might take advantage of people converging in places such as beach and other tourist destinations for relaxation and recreation. PCSupt Javier a ls o stressed that there will be Police Assistance Desk which will be stationed in strategic areas region-wide ready to extend services to the public. Passenger Assistance C enters will also be visible in terminals,

airports and seaports which will be manned by the territorial Police Station. PRO 10 has also come u p w i t h a n i n n ov at i v e crime prevention campaign st rateg y t hroug h s o cial m e d i a s u c h a s Tw i t t e r and Facebook where they e nj oi n e d t h e pu b l i c t o b e v i g i l a nt , s a f e t y a n d security conscious. Javier said the security awareness of community is vital to deter crimes. (RPIO, PRO10)

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MisOr to provide summer jobs for students, youth THE Provincial Government of Misamis Oriental and the Public Employment Service Office (PESO) have commenced its recruitment of the “Junior Employment Facilitators’ this summer under the Special Program for Employment of Students (SPES), who shall undergo a 20-day work experience with a daily wage of P200. G o v e r n o r Ye v g e n y Vincente B. Emano put emphasis on hiring students or Out-of School Youth (OSY), who come from the less-privilege families, who don’t have means but have the ability to pursue their college education. Eligible beneficiary is

required to submit to PESO a copy of birth certificate, certificate of school registration, certificate of indigency issued by the punong barangay, report cards for high school students and class cards for college level with no failing grades. F o r O S Y- a p p l i c a n t , certificate of OSY issued by the punong barangay is a necessity, indicating the period of last enrolment and good moral character. SP E S or i e nt at i on i s tent at ively s et on May 2017 in separate towns-Laguindingan for the western district while in Talisayan for the eastern part. jobs/PAGE 10

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Aspirants of the Cagayan de Oro Talent Center undergo training workshop on Araw ng Kagitingan at the foot of Andres Bonifacio’s monument in Plaza Divisoria, Cagayan de Oro City. PHOTO BY MARK FRANCISCO

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Opinion

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Let’s Go Fishing!

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Going Through Hot Water Think a minute…“A tea bag isn’t worth much until it’s been through some hot water.” There’s a saying in boxing: “Everybody’s got a plan—until they’ve been hit!” Sooner or later, life is going to hit and knock you down. Whether you get back up or not is your choice. Almost all people’s successes are built on their former failures. A very successful man was asked if he had ever failed. He answered: “Only in life.” The fact is, even after we’ve been knocked down we can still use our past mistakes and failures to build a bridge to our success. You know that you’re the only one who can kill your dream by quitting. Remember that just falling in the water is not what drowns you; it’s staying down there that does. Just like kites fly high because the wind pushes against them, so problems that oppose you can actually help you succeed, if you choose to believe and use them that way. There was a man who was the only survivor from a shipwreck. He drifted to an uninhabited island where he built a hut for his shelter. One evening after he returned from searching for food, he found his little

THINK

A Minute

“ With God’s power working in us, he can do much, much more than anything we can ask or think of.”- Ephesians 3:20 Pe r h ap s , b e f o re w e understood GOD’s grace, we can be guilty to think that our faith moves GOD. Sp ecif ically move Him to provide miracles and blessings with our litanies and self-sacrificing. This practice worked quite well in the Old Covenant. But it was not a guarantee. Now in the New Covenant, where grace applies, our faith moves someone else. In the amplified version of Ephesians 3:20, it is made clearer that GOD can bless us abundantly beyond any human measure according

to His power that is at work within us. What is that power that is at work within us? FAITH. But how does faith work? Like a fishing rod, our faith is not something that makes the fish. It is what takes the fish. Grace is what makes the fish. This is the best way to truly understand the difference between faith and grace. GRACE MAKES. FAITH TAKES. Grace provides whatever abounding prosperity, health, soundness GOD has in store for us. Let us not forget that it was Jesus, the manifestation of grace Himself who made all these accessible for us. If we believe in Jesus, then there should be evidence of our belief – grace manifests

through faith. In this human world, full of worldly noise – it is easy to get drowned in the lies of the enemy. We lose sight of GOD’s promises. That is why it is not only important to simply believe. For faith comes, according to Romans 10:17, from hearing, and through hearing the word of Christ. Hearing nourishes our belief. When our belief is nourished, we are reminded of GOD’s promises, His word. In doing so, we enter into a trusting rest in Him. Then it is easier to receive. Our whole life is all about believing and receiving. So who does our faith move. Does it move GOD? No. It moves us. Again, just like fishing, the fishing rod

The Ripple

By AMBongay

won’t throw the line or reel itself in. We have to move; throw that line, reel it in to catch the abounding fish that is waiting for us in the ocean of GOD’s grace. This interpretation is based on Ptr. Rhoel Edralin’s preaching.

Reminders for Holy Week 2017 LIFE INSPIRATIONS: “… For by one sacrifice he has made perfect forever those who are being made holy…” (Hebrews 10:14, the Holy Bible). -ooo REMINDERS FOR HOLY WEEK 2017: Here is a significant reminder to all those who are professing they are Christians and are even now in the thick of many activities to commemorate Holy Week 2017: the Bible is clear that annual sacrifices and other usual religious practices offered for Holy Week and other supposedly spiritual events will not really cleanse the sins of sinners, but are instead an annual reminder of sins. In other words, what God’s Holy Book is telling believers worldwide is that, we must all be careful in undertaking commemorative activities for religious or spiritual purposes, like the activities for Holy Week, because they only underscore the continuing sinfulness

of all people. In fact, we are asked: “Otherwise, would they not have stopped being offered?” Good question. The Bible itself hurries to give an answer. It says: “For the worshipers would have been cleansed once for all, and would no longer have felt guilty for their sins. But those sacrifices are an annual reminder of sins…” For those who are truly interested, these verses could be found at Hebrews 10 of the Bible. -ooo FOR HOLY WEEK, IT IS BET TER TO READ, STUDY, THE BIBLE: What then must true believers engage themselves in during Holy Week 2017 so their commemoration of Holy Wek would truly be spiritually beneficial or worthwhile? There would be many answers to this question, but as far as the Anak ng Diyos Kadugo Ni Kristo (or AND KNK, the Children of God Blood Kin of the Christ) Church is concerned, the best would

be a further reading and studying of the Bible. The AND KNK is the Church that Jesus Himself established, as He said in Matthew 16:18, in the “east” or the “far off land”, which is the Philippines (as the Second World War proved quite eloquently), to fulfill His endtime purpose (Isaiah 46:11) of proclaiming the truth that saves (Matthew 24:14)---which is that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit. For t h e A N D K N K preachers, pastors, and teachers, there would be a three-day seminar at Mater Dei, MacArthur Highway, Capas, Tarlac, from April 11 to April 13, 2017. The seminar seeks to immerse these preachers some more on the teachings and the basic doctrine of the Church, to make them more effective defenders of Jesus as God and Savior and as God the Father, Son, and Holy Spirit. -ooo-

K akampi

Mo A ng Batas

Atty. Batas Mauricio D E E P E N I N G UNDERSTANDING OF WHO JESUS REALLY IS: For all other AND KNK members, the directive is for them to pursue in earnest Bible reading and studies. Of course, they have already been doing Bible studies on a daily basis, as far as practicable, as a prerequisite to their continued membership with the AND KNK. For this particular Holy Week, however, they are also enjoined to read and meditate some more. Batas/PAGE 10

The secret to becoming contemplatives Jhan Tiafau Hurst hut on fire. Early the next morning he awoke to find a ship that had come in during the night. When the captain came on shore he told the man: “We saw your smoke signal so we came to rescue you.” Everything this man owned and valued in his hut had to be destroyed before he could be saved. Sometimes our Maker even uses our pain to get our attention, so we can learn our most important lessons for living well and wisely. So why not ask Jesus Christ to take charge and lead you through the hot water you’re in now? He’s the only one who can help you change your pain and problems into peace and prosperity for you and your family. The choice is yours. Just Think a Minute…

It’s in guarding our mind and heart, seeing to it that they are welcoming and receptive to God, always giving him priorityover all other things in our l i fe . T h at’s t h e s e c re t , s i n c e ou r re l at i on s h ip with God, insofar as our part is concerned, starts in ourmind and heart, that is, when we correspond to him in his presence and his providence over us. German priest and intellectual, Romano Guardini, once said: “ The place where God’s gove r n an c e i s d i re c t ly experienced is then most heart of man: in man’s free will and in his capacity for love.” I c annot ag re e w it h him more. To those who qu e st i on w h e t h e r it i s possible for us to have any contact or experience of God, the answer is a big YES. But it all depends also on us, whether we welcome him or not.

We have the capacity to have direct experience of God and become contemplatives ourselves even while we are in the middle of the world, immersed in our mundane concerns. That’s because, with our mind, our heart and our will, we have been endowed with the capacity to know and to love him. To top it all, and even before we do our part, God has already designed that we can and ought to be contemplatives, or to have direct contact and experience with him. And that’s because aside from endowing us with our spiritual faculties, he has gratuitously given us his grace that would enable us to go beyond the natural so asto enter into the supernatural world of God. God is everywhere. He is actually all around us and also within us. And not only is he everywhere. His presence is a presence of love, of concern, of

solicitude. He is actually always intervening in our lives. If we know how to deal with this reality, we can see, feel and understand God’s presence and will for each one of us. The problem is us. We prefer to be on our own. We are not receptive to God. If ever, we only give him some cameo role in our lives. That is why, God has to beg us to receive him. “My son, give me your heart and let your eyes delight in my ways,” he practically pleads with us. (Prov 23,26) That is also why Christ, when asked what the greatest commandment was, simply said: “Love the Lord your God with all your heart and with all your soul and with all your mind.” (Mt 22,37) We need to pay utmost attention to how we use our mind, heart and will. Do we give them all to God, unafraid that by doing so we are giving priority to

HINTS

and

Traces

Fr. Roy Cimagala God always and we don’t lose anything but rather would gain everything else that will be good for us? Remember Christ saying: “Seek first his kingdom and his righteousness, and all these things will be given to you as well.” (Mt 6,33) Let’s just to it that we let these divine words become effective in our thoughts, attitudes and desires, our intentions, words and deeds everyday. That’s how we can be true contemplatives. roycimagala@gmail.com.

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Tue-Wed | April 11-12, 2017

Lifecasting – creating replicas one Filipino child at a time L

Story by MARK FRANCISCO

IFECASTING is the process of creating a threedimensional copy of a living human body through the use of molding and casting techniques. The most common lifecasts are of torsos and it’s exactly what Althea L orenzo does. Despite her rare esteemed status as probably the only lifecasting artist in the countr y, Lorenzo firmly keeps her feet on the ground. In fact, the 30-year-old lady from Davao City has a day job as a quality assurance manager in a pharmaceutical firm and only does her craft during weekends. Nevertheless, her clients come as far as

Cagayan de Oro and Cebu. Lorenzo visits Cagayan de Oro City at least twice each year. It was on the weekend of April 9 that I made sure that I get to inter view her during the rare moments that she is in this town. And so we chitchatted. Althea said that when she gave birth to her baby in 2011, she was thinking of something unique to give her. She Googled “baby keepsakes” and popped come lifecasts. Unfortunately, Althea couldn’t discover a provider in the Philippines for her unique demand. Thus, Althea strived to learn herself the unique craft of lifecasting to her

baby. And so a business was accidentally born. Althea said lifecasting is something that should be considered by parents as an outstanding memorabilia to their kids because it can be preser ved through time even when the child is already an adult. “It’s one precious gift that you can honor

your child with. It is something unique and lifelike,” she said. A lifecast framed package consisting of both hands and feet cost only P6,000 plus P700 handling fee. Althea ser ves around seven clients a month. That’s a lot already considering that this is still a relatively new venture.

The process

Robust sales boost Pepsi PHL profit EARNINGS of Pepsi-Cola Products Philippines, Inc. (PCPPI) inched up last year on stronger sales despite higher sugar prices and losses related to the start of its snacks manufacturing operations. PCPPI netted P853 million last year, a 5% increase from the P812 million booked in 2015, but profits would have grown by a fifth without the start-up losses incurred from its snacks business, according to a regulatory filing. Sales revenues jumped 11% year on year to P35.8 billion from P32.08 billion anchored on an 8% increase in fourth quarter revenues. PCPPI attributed the higher sales to revenue management, new product initiatives and portfolio mix improvements. A sharp increase in sugar prices fueled a 12% uptick in cost of goods sold last year, but higher productivity helped offset the impact of rising costs. Sugar prices softened in the fourth quarter, with cost of goods sold rising 4% during the three-month period.

“We are continuing to build on our strengths as we leverage our world-class product portfolio, innovations and campaigns in 2016. This year will see Pepsi-Cola Products Philippines, Inc. continue to drive consumer engagement, productivity and higher distribution driving activities,” PCPPI President Samudra Bhattacharya was quoted in a statement as saying. Mr. Bhattacharya took over the position left vacant by Furqan Ahmed Syed, who has been assigned to Pepsi Pakistan in a regional leadership role. Prior to his stint in the Philippines, Mr. Bhattacharya was assigned in Pepsi India, and he has more than two decades of expertise in fast-moving consumer goods from his work in the India and Middle East regions in leadership roles. Last year, the company i naug ur ate d it s s na ck s manufacturing facility in Laguna to produce global snack brand Cheetos as part of the company’s long-term strategy to “future-proof ” sales/PAGE 10

CorporateWorld

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PLDT initiates rollout of fiber Internet in M’danao T ELECOMS and digital ser vices provider PLDT Inc. has deployed its fiber-to-thehome (FTTH) facilities in General Santos City, making it the first ‘Fibr City’ to deliver faster broadband Internet in Mindanao. The FT TH rollout w i l l a d d r e s s t h e d at a connectivity needs of the whole SOCCSKSARGEN region which comprises the provinces of South Cotabato, Cotabato, Sultan Kudarat and Saranggani. “GenSan’s robust export industry and burgeoning medium to large enterprises, as well as its growing and diverse population, fits the profile of a Fibr City,” PLDT First Vice President and Head of Home Business Oscar Enrico A. Reyes Jr explained in a statement. The rollout of the PLDT fiber Internet is part of the company’s ongoing expansion plans to provide faster Internet services to residences. pldt/PAGE 10

SM City CDO shoppers are handed out free humba snippets during the Flavors of Northern Mindanao gimmick held over the weekend. PHOTO SUPPLIED

Car sales register double-digit growth in March, Q1 2017

When Gov. Yevgeny Vincente Emano assigned April 7 as a day-off to all female capitol employees, one of the resorts they visited was Hugo Skye Lounge in Cagayan de Oro City. Here at Hugo Skye, the employees were welcomed by owner Rep. Peter Unabia. PHOTO SUPPLIED

SALES of local automotive vehicles grew double digit in the first quarter ending March this year. Data from Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) released Monday show that their combined sales for January to March 2017 went up by 23 percent to 94,026 units from 76,473 units in Q1 2016. Sales in March alone rose 32.9 percent to 36,561 units this year from 27,515 units in March 2016. Growth of commercial vehicles accelerated faster than passenger cars’ sales growth last month. Commercial vehicles sold a total of 24,708 units in March 2017, increasing by

52.8 percent from last year’s sales of 16,170 units. Light commercial vehicles had the largest share in sales last month, reaching 16,271 units, followed by Asian utility vehicles with 6,921 unit sales, and light trucks with 1,014 units, while trucks and buses categories four and five at 365 and 137 units, respectively. Sales of passenger cars last month had an increment of 4.5 percent year-on-year to 11,853 units this year from 11,345 units in the previous year. CAMPI President Atty. Rommel Gutierrez said the country’s automotive industry, with its consistent growth, continues to move towards motorization. car/PAGE 10

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tue-wed|April 11-12, 2017

Billboard

Egss-traordinary Easter Toys and Treats at SM

any cherished Easter traditions highlight the Christian celebration of Christ’s resurrection, as well as the coming of spring. Easter eggs and chicks symbolize new life. Eggs have been a symbol of spring since ancient times, and are also symbols of the rock tomb out of which Christ emerged when He rose again. The chick hatching out of the egg symbolizes new life or rebirth. In ancient times, the rabbit was a symbol of abundant new life. It is said that the Easter bunny first arrived in America in the 1700s with European settlers

in Pennsylvania who brought with them their tradition of an egg laying hare called “Osterhase.” Later on, the tradition spread across America and started to include chocolates, candies, gifts and decorated baskets many in egg, chick, and bunny shapes. Today, many families around the world celebrate Easter with Sunday Mass and lots of sweet treats for kids, including fun egg hunts. At SM, Toy Kingdom and Snack Exchange has eggstraordinary and amazing toys and treats, gifts, and surprises for kids of all ages.

Hop on to Snack Exchange for delightful Kinder Joy and Zaini milk chocolate eggs that come with a sweet surprise toy inside, Dutche Easter baskets filled with chocolates and pastel colored eggs, as well as scroll lollipops, hard egg candies and candy fruit surprise eggs. There’s also so much more fun and egg-citement at Toy Kingdom where girls can play the part with pretty pastelcolored bunny ears headbands, or find a new friend with the store’s collection of cute plush bunnies. It’s the best place to collect colorful eggs during your Easter egg hunting

and make sure to have your delightful pails overflowing with eggs and surprises. Make your Easter eggstraordinary and egg-citing this year with these toys and treats at SM Snack Exchange and Toy Kingdom Express outlets at The SM Store. These are also available at Toy Kingdom Stores in most SM Supermalls. For more updates, check out www. thesmtore. com and Snack Exchange Facebook account: i crave: snack exchange. Also visit and follow ToyKingdomPH and toykingdom. ph for more treats and surprises.

It’s double the Easter fun as these Kinder Joy chocolate eggs come with surprise toys inside. Available at SM Snack Exchange.

Pretty and colorful bunny ears headbands from Toy Kingdom.

Enjoy amazing toy surprises inside these candy fruit surprise eggs from SM Snack Exchange.

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

tue-wed|April 11-12, 2017

BIR Cagayan de Oro City holds ‘Panaghinabi kang Commissioner Billy’ CAGAYAN DE ORO CITY -- True to his promise of paying this side of the country a visit, Commissioner of Internal Revenue Caesar R. Dulay held a dialogue with all the stakeholders of Revenue Region (RR) No. 16 – Cagayan de Oro City last 30 March 2017 at the Cattleya Function Room of N Hotel. Dubbed as “Panaghinabi kang Commissioner Billy (translated as a conversation with Commissioner Billy),” the gathering was in keeping with the Commissioner’s wish to hold talks with all the stakeholders of the revenue region, especially the taxpayers, to enlist their support for the BIR’s tax collection efforts for this year. The Commissioner was supposed to meet the stakeholders last 28 February 2017 during the region’s tax campaign kickoff but was aborted in the last minute after he was summoned to attend a congressional hearing on the same date. In h i s u s u a l j ov i a l mood, Commissioner Dulay thanked the select group for responding to the invitation of the revenue region. Turning serious, he told them that Cagayan de Oro City will be the next Mega City and that the future of the City is in their hands

and the generations that will follow their footsteps. Cagayan de Oro is a first class highly-urbanized city and the capital of the province of Misamis Oriental. It is a chartered city where governance is independent and separate from the province. It is also known as “The City of Golden Friendship” and other monickers such as “The Adventure Capital of the Philippines,” “River Rafting Capital of the Philippines,” “The Heart of Northern Mindanao,” “The Gateway to the Land of Promise,” and “The City of Gold.” He said that the main mandate of the BIR is to collect taxes and that it provides around 80% of government tax revenues to fund the expenditures of government - from the payment of the salaries of government workers to the building of roads and other infrastructures. The remaining 20% is sourced from other revenue generating agencies like the Bureau of Customs (BoC). The tax agency collected P1.576 trillion last year as against its collection target of P1.620 trillion, or an achievement level of around 97%. Media, however, zeroed in on its (3%) failure to achieve its collection goal. BIR Cagayan de Oro City

collected P12.47 billion in 2016 as compared to its tax take of P10.75 billion in 2015, posting a growth rate of 15.96% or an increase of P1.72 billion. This year, the revenue region has been assigned a collection goal of P12.87 billion. As an organization, the BIR is tasked to collect P1.829 trillion to which Commissioner Dulay said that it is precisely for that reason (collection goal) that he asked for the dialogue to appeal to all the stakeholders to help the tax agency achieve the said target, adding that the funds to be raised will be used to support the programs of the administration of President Duterte. He asked everyone to pay their taxes correctly to help fund the government’s m a s s ive i n f r a s t r u c tu re spending that will benefit the country and most especially Mindanao. Commissioner Dulay quipped, “We appeal for your support and cooperation. We do not have to push you and this is exactly what this conversation is all about. I am humbled no end by your all-important presence in this gathering. The Commissioner closed the dialogue with an assurance that the BIR – the regional and district officials – will be bir/PAGE 10

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City IN THE MATTER OF THE CORRECTION OF SPECIAL PROCEEDING CASE ENTRIES IN THE CERTIFICATE OF LIVE TC-2016-045 BIRTH OF “MARIANO UNDAG PIAMONTE, JR.” AS TO HIS YEAR OF BIRTH FROM “1948” TO MARIANO UNDAG PIAMONTE, JR. “1947” AND TO EFFECT THE ERASURE OF Petitioner. THE DATE OF MARRIAGE OF HIS PARENTS AND THE CANCELLATION OF HIS DUPLICATE - Versus BIRTH RECORDS IN THE OFFICE OF THE THE CIVIL REGISTRAR OF CIVIL REGISTRAR OF BONIFACIO, BONIFACIO, MISAMIS OCC., MISAMIS OCCIDENTAL, Respondent.

/- - - - - - - - - - - - - - - - - - -/

SUPPLEMENTAL NOTICE OF HEARING WHEREAS, after alleging certain facts in a verified petition filed on December 29, 2016, petitioner prayed that after notice, publication and hearing, an order be issued directing the Local Civil Registrar of Bonitacio, Misamis Occidental, to make the following correction in her record of birth, to wit: A. As to the entry of the year of birth from “1948” to “1947”; B. To effect the erasure of the “Date of Marriage of Parents”, and C. For the cancellation of his “Duplicate Birth Records”. WHEREFORE, f inding the petition in due form and substance. the hearing of the same is hereby set on MAY 08, 2017 at 8:30 o’ clock in the morning, at the Session Halt of this Honorable Court, at which date, time and place, any concerned and interested person may appear and show cause, if any, why said petition shall not be granted. The Sheriff of this Honorable Court is hereby ordered to post copies of this Notice in three (3) conspicuous places, preferably in the Bulletin Board of this Court, the Municipal Hall of Bonifacio, and the Barangay Hall of Poblacion, Bonifacio, Mis. Occ. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Local Civil Registrar of Bonifacio, Mis. Occ. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON, Presiding/Executive Judge, this 14th day March 2017. (Sgd.) ATTY. MARCELINO D. NATIVIDAD, JR. Clerk of Court-VI BWM: Apr 12, 19 & 26, 2017

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA- JUDICIAL SALE EJF -2017-158 Upon extra — judicial petition for sale under Act 3135 as amended by Act 4118 filed by UCPB SAVINGS BANK , as mortgagee against KARLO L. KARDENAS married to VICENTA R. KARDENAS , as mortgagor, to which the indebtedness as of March 31, 2017, amount of ONE MILLION TWO HUNDRED EIGHTY FOUR THOUSAND FIVE HUNDRED SIXTEEN AND 07/100 ( 1, 284,516.07) inclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned will SELL TO PUBLIC Auction on MAY 8, 2017 at 10:00 o’clock in the morning at the entrance door Regional Trial Court Branch-23,City Tourism Hall, Cagayan de Oro City, to the highest bidder for cash or manager’s checks and in Philippine Currency, the following described properties, to wit; TRANSFER CERTIFICATE TITLE NO. T-141980 A PARCEL OF LAND ( Lot 5, Block 3 , of the cons.subd. plan Pcs-10-001578, being a portion of Lots 1&2,Pcs-10-000697, Lot 19850-A, Psd-10-022110, Lots 19671 & 19849, Cad-369-D, Cagayan Cadastre Ext., ) . Situated in the Barangay of Puerto , City of Cagayan de Oro, Island of Mindanao. Containing an area of THREE HUNDRED FOUR (304) sq. meters more or less. All sealed bids must be submitted to the undersigned on the above -stated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title herein above-described and encumbrances thereon, if any there be. Done this March 31, 2017 in the City of Cagayan de Oro, Philippines. (Sgd.) RICO A. REMALIG Sheriff IV BWM: Apr 5, 12 & 19, 2017

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22

OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE EJF File No. 2017-094

OFFICE OF THE PROVINCIAL SHERIFF

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against ARDEN A. ABALOS, single, mortgagor/s, of legal age/s, Filipino/s with postal address at Lot 15, Block 8, Mindanao Homes Subdivision, Pagatpat, Cagayan de Oro City, to satisfy the mortgaged indebtedness which was as of February 14, 2017 amounts to ONE HUNDRED FORTY SEVEN THOUSAND SEVEN HUNDRED TWENTY NINE PESOS and 24/100 (P 147,729.24) Philippine Currency including interest & penalty charges, excluding attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on May 8, 2017, at 10:00 a.m. or soon thereafter at the City Tourism Hall, City Hall, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property and all improvements thereon to wit:

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against THELMA Q. AUSTRIA, single, mortgagor/s, of legal age, Filipino/s with postal address at #136, Golden Street, Buenavesta Village, Patag, Cagayan de Oro City to satisfy the mortgaged indebtedness which was as of February 1, 2017 amounts to TWO HUNDRED FIFTY FOUR THOUSAND FIVE HUNDRED SIXTY ONE PESOS AND 25/100 (P 254,561.25) Philippine Currency including interest, penalty charges, excluding attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on May 8, 2017, at 10:00 a.m. or soon thereafter at the City Tourism Hall, City Hall, Cagayan de Oro City/to the highest bidder, for CASH and in Philippine Currency, the herein described properties and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T-117429 A PARCEL OF LAND (Lot 43, Block 20, Psd-,104305-017756, being a portion of Lot 3125, Cad-237, Cagayan Cadastre), Situated in the Barrio of Carmen, City of Cagayan de Oro, Island of Mindanao. Containing an area of SIXTY (60)’SQUARE METERS more or less.

TRANSFER CERTIFICATE OF TITLE NO. T-207552 A PARCEL OF LAND (Lot 15, Block 8, PCS-10-001793, being a portion of M Resultant Lots of Blocks 1 to 10 and Road Lots 1 to 9 of Psd-10-024527). Situated in the Barrio Pagatpat, City of Cagayan de Oro, Island of Mindanao. Containing an area of SEVENTY TWO (72) SQUARE METERS more or less. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, March 22, 2017

FOR THEPROVINCIAL EX- OFFICIO SHERIFF:

BWM: Apr 5, 12 & 19, 2017

(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IV

SHERIFF’S NOTICE OF SALE File No. 2017-148

TRANSFER CERTIFICATE OF TITLE NO. T-117430 A PARCEL OF LAND (Lot 44, Block 20, Psd-104305-017756, being a portion of Lot 3125, Cad-237, Cagayan Cadastre), situated in the Barrio of Carmen, City of Cagayan de Oro, Island of Mip(clanao. Containing an area of SEVENTY TWO (72) SQUARE METERS more or less. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, March 31, 2017.

FOR THE PROVINCIAL EX-OFFICIO SHERIFF:

BWM: Apr 12, 19 & 26, 2017

(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IV

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

tuesday|April 11, 2017

Banking&Finance

QUALITY TIME OVER STAYCATION Filipino tradition dictates during summer where children takes a break from school families usually plan for a summer getaway. For some the plan are limited to what the pocket can afford, but no matter where your target location will be what matters is the bond and memories you create with the entire brood . Recently a staycation made its way to the market as family or friends plan to just spend even an overnight stay in a hotel for example. Just to have a feel of a different ambiance and the perks that you are getting as

A PUBLIC SERVICE BY:

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members only. Guests can stay in shape for a session at the gym using the state-ofthe-art equipment and sauna. PLUS a feast over breakfast for the longest buffet line in town. Staycations, ser ves

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target but others, including the big banks, did not meet the deadline due partly to the volume of cards to be replaced. He s ai d t h i s i s t he reason why the central bank implemented the EMV Card Fraud Liability Shift Framework (ECFLSF) since Jan. 1 this year. The BSP, in a statement issued in December 2016, said ECFLSF was a “market-based enforcement mechanism” and targeted to protect central bank-regulated financial institutions “from financial liability arising from losses on counterfeit card fraud.” It explained that ”liability

for this type of fraud shall shift to the BSFI (BSP-supervised financial institutions), which is not or is only partially compliant with the EMV requirement.” ”This is considered fair and appropriate since the industry has been given more than three years to undertake full migration,” it said. “ That’s already, in a way, a market punishment,” Espenilla said but stressed that “we also still need another deadline.” The BSP official said the central bank needs to set a “hard deadline” for EMV compliance but admitted that there is a challenge regarding

tailor fitting. He said sanctions would be put in place once the new deadline had been set but also stressed that “in between that there’ll be a tailor fitted deadline depending on their level of progress and their challenges.” He said banks were required to submit an update on their EMV-compliance and their commitments on how they would meet the requirements. He added that he would submit a report to the BSP’s policy-making Monetary Board (MB) regarding the progress of EMV compliance among banks. (PNA)

End-March 2017 GIR settles at $80.87B P R E L I M I NA RY d at a showed that the country’s gross international reserves ( G I R ) s t o o d at $ 8 0 . 8 7 billion as of end-March 2017, Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. announced Friday. This level was lower by $0.57 billion than the end-February 2017 GIR of $81.44 billion but higher by $0.18 billion than the

end-2016 level. The central bank attributed the month-onmonth decline mainly to outflows arising from the BSP’s foreign exchange operations and the p ay ments ma de by t he National Government (NG) for its maturing foreign exchange obligations. These were partially offset by net foreign currency deposits by

the NG and revaluation adjustments on the BSP’s gold holdings resulting from the increase in the price of gold in the international market. The end-March 2017 GIR level can cover 8.9 months’ worth of imports of goods and payments of ser vices and primar y income, BSP said. It is also equivalent to 5.2 times the countr y’s

short-term external debt based on original maturity and 3.9 times based on residual maturity.2 Net international re s e r ve s ( N I R ) , or t he dif ference b etwe en t he BSP’s GIR and total shortterm liabilities, decreased by $0.57 billion to $80.86 billion as of end-March 2017, comp are d to t he end-Februar y 2017 NIR of $81.43 billion.

Tax reform proposal a plus for price stability: BSP exec A RANKING Bangko Sentral ng Pilipinas (BSP) official said the Finance department’s tax reform proposal will help ensure price stability in the country. “As you know, we have expressed support of such a plan because from a monetary perspective, over the medium term, that is going to be a positive for price stability,” BSP Deputy Governor Diwa Guinigundo said. Last March, the House of Representative’s Ways and Means Committee approved in principle the first package of the Department of Finance’s

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

BSP eyeing another deadline for banks’ EMV-compliance

HE Bangko Sentral ng Pilipinas (BSP) plans to set another deadline for Philippine banks’ EMV compliance. EMV, which stands for Europay, MasterCard and Visa, is a global standard for inter-operation of integrated circuit cards capable of authenticating point-of-sale transactions. Philippine banks were r e q u i r e d t o b e E M Vcompliant by Jan. 1, 2017 but BSP Deputy Governor Nestor Espenilla Jr. said not all banks were able to meet the deadline. He said some players were more than ready to meet the

(DOF) Comprehensive Tax Reform Program (CTRP) and decided to form a Technical Working Group (TWG) to study it further. Finance officials hope that lawmakers will give their thumbs up on the tax reform measure by the middle of this year. Last week, Finance Secretary Carlos Dominguez III said he remained optimistic that the first package of the CTRP would be approved by July. ”Yes. We are very confident that shortly after June the legislature will pass the first package that we have related to

personal income taxes and fuel taxes,” he said in an interview by Bloomberg News Friday at the sidelines of the 12th ASEAN finance and central bank governors meetings in Cebu. Dominguez said the tax reform program was the key to the Duterte administration’s goal to ensure that funding would be available for the implementation of the government’s infrastructure program, which is targeted to address disparities in the country. CTRP’s first package, which

is being espoused by House Bill 4774, proposes the cut on personal income tax and hikes on fuel and vehicle excise taxes. DOF officials expected an approval of measures before lawmakers paused for a break mid-March but this did not materialize. Data from the Department of Budget and Management (DBM) show that for 2017 alone, about 23.1 percent of the national budget has been allocated to fund the construction of road networks as well as transportation and communications facilities. (PNA)

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

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 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 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

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

tuesday|April 11, 2017

Uniqlo... from page 1

hope the 120,000 square meter mall will be completely be leased out by next year. SM City Davao is located on a 13-hectare property in the southern part of the city, which will soon have a condominium building. Jon at h an Ni ck D. Santos, SM City Davao assistant manager, said the condominium will occupy the 2.5-hectare area which is currently used as a parking lot. SM Prime Holdings, Inc. is aggressively expanding in Mindanao. Oliver John R. Tiu, SM Prime vice-president for Mindanao operations, said the company is planning to add four more malls until 2020. Under the plan, SM Prime will open a mall in Butuan City this year to be followed by shopping centers in Tagum City and Davao del Norte next year. It is also mulling the possibility of adding a third mall in Davao City, as well as malls in Zamboanga City or Kidapawan City in North Cotobato.

Jobs... from page 2

The province has earmarked an amount of P2.2 million for the program, in coordination with the Department of Labor and Employment DOLE), which shall pay the 60% wagecounterpart for the SPES grantees, and the remaining 40% shall be provided by the latter through Education Vouchers (EVs), which shall have separate distribution for the students’ schooling requirements. SPES grantees shall be deployed to various barangay, municipal or provincial capitol officers doing clerical and administrative tasks, which may or may not relate to their courses of study. (PIO MisOr)

Batas... from page 4

The objective, of course, is to deepen their understanding of the Biblical proofs that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit. There has to be a more thorough appreciation of the fact that they must

know these proofs, because each and every AND KNK member assumes the role of a defender of Jesus as God and Savior once they are baptized into the Church. Perhaps, at this point, those who are already fed up and literally nauseated by the repetitive activities that mark their usual Holy Week celebrations can join the seminar the AND KNK is going to hold on April 11, 12, and 13, 2017, either personally in Capas, Tarlac, or through its Facebook Live broadcast of the salient points of that seminar. Please check below how to view this Facebook Live broadcast. -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 “Kakampi Mo Ang Batas”, a legal counseling and ne w s c om me nt ar y program at www.facebook. com/kakampimoangbatas. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

Sales... from page 6

its business and capitalize on the growth prospects in the country. PCPPI manufactures and sells beverage brands such as Pepsi-Cola, Mountain Dew, 7-Up, Mirinda, Mug, Gatorade, Tropicana, Lipton, Sting, and Premier.

PLDT... from page 6

“PLDT Home Fibr will provide GenSan’s residents with the platform, the power and the connection they need to take advantage of the vast opportunities in these rapidly evolving digital times,” according to Reyes. Residents in the city may now experience equal upload and download speeds of up to 1 gigabits per second (GBPs) and gain access to entertainment and gaming content from PLDT Home partners and renowned providers like iflix, Netflix, Fox+, and iWant TV, among others, at subscription fees of as low as Php 1,899 per month.

Families will also enjoy added peace of mind with home security devices such as the home monitoring system Fam Cam, the cyber security platform Fam Zone and the multi-functional kiddie gadget Smart Watch. “We are excited and proud to be among the first Fibr cities of PLDT. We are looking forward to this continued partnership that will bring world-class internet service to homes and businesses in our city,” General Santos City Mayor Ronnel Rivera said. PLDT completed earlier this year its first ever “Fibr City” project with the rollout of FTTH facilities in Toledo City, Cebu, serving the fast-growing city’s residents and its mining and tourism industries. PLDT Chairman and CEO Manuel V. Pangilinan said that the telco company aimed to further increase the number of Smart Homes and Fibr Cities across the country. With a footprint of around 2.8 million homes passed as of end-2016, PLDT is eyeing to expand the coverage of its FTTH network to about 4.4 million homes passed by the end of the year, making available the ultra-fast internet connection to more Filipino families in various parts of the country. It has started to deploy hybrid fiber technologies such as Huawei Technologies’ G.fast which can boost data speeds of up to 600-700 megabits per second (Mbps) to strengthen its fiber Internet services. PLDT envisions that all of its subscribers will be in “smart homes” by end-2018. Enabled by its combined FTTH and fiber-fast services, PLDT will continue to have a robust and efficient platform for offering its growing portfolio of entertainment, “peace of mind,” and other “Smart Home” services. PLDT Group has invested over PHP 300 billion or USD 6 billion over the last 10 years to build its integrated fixed and wireless network, which includes the country’s most extensive fiber transmission and distribution infrastructure which now has 150,000 kilometers of fiber optic cables that support the growing data traffic of its fixed line and mobile networks. (PNA)

Car...

from page 6

Despite the strong growth in Q1 2017, the industry group remained conservative with its target for this year at 450,000 unit sales. “While the first quarter performance gives us reason to be optimistic, we are still cautious about our own target for the year,” Gutierrez said. Market leaders for the first quarter were Toyota, with market share of 43 percent; Mitsubishi,18 percent; Ford, 8.0 percent; Honda, 7.8 percent; and Isuzu with 6.9 percent share. (PNA)

BIR...

from page 8

fair in making assessments and truthful in dealing with taxpayers. The Revenue District Officers of the six (6) Revenue District Offices (RDOs) of RR No. 16 – Cagayan de Oro City are: Rolando C. Ompoc, RDO No. 97 – Gingoog City; Venerando B. Homez, RDO No. 98 – Cagayan de Oro City; Samer R. Muti, RDO No. 99 – Malaybalay City; Noel B. Gonzales, RDO No. 100 - Ozamis City; Amanoding D. Esmail, RDO No. 101 – Iligan City; and Nasrollah B. Conding, RDO No. 102 – Marawi City. “Panaghinabi kang Commissioner Billy“ was conceptualized to hold a friendly and caring dialogue, reach out to taxpayers of Region X, from as far as and including Misamis Occidental, Lanao Del Norte and Sur, Bukidnon, and the Island of Camiguin, and enlist collective support for the collection initiatives of the Bureau. It was staged on short notice with the collaborative efforts of responsible regional and district officials and personnel who gracefully overcame limited preparation time. The efforts produced an A-1 ensemble of taxpayers and stakeholders interacting with Commissioner Billy. (reytdlc)

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tue-wed|April 11-12, 2017

Investors... from page 1

The President also expected to meet with the Filipino communities in these countries. Quintana said the AFFIDAVIT OF ADJUDICATION BY SOLE HEIR I, VILLAMOR VENTURA, of legal age, Filipino citizen, single with residence address at Alubijid, Misamis Oriental, after having been duly sworn to in accordance with the law, do hereby depose and say; That I am the only legal surviving heir of my nephew, ROY ODON VENTURA POBLETE II, who died intestate, single and with no known children on September 18, 2013 at Papua New Guinea (Death Certificate is hereto attached and marked as Annex ‘’A’’ and made integral part hereto.) That the deceased ROY ODON VENTURA POBLETE II left an estate consisting a parcel of land covered by TCT No. T-172244 located at Patag, Cagayan de Oro City, more particularly described as follows: A PARCEL OF LAND (Lot 23-B, Psd-10-035615, being a portion of Lot 23, Block 1, (LRC) Psd-52342) situated in the Barrio of Patag, City of Cagayan de Oro. Containing an area of TWO HUNDRED FIVE (205) SQUARE METERS, more or less. That pursuant to Rule 74, Sec. 1 of the Rules of Court, I hereby adjudicate unto myself the above described real estate by means of this Affidavit and hereby files same with the Register of Deeds and Assessor’s Office with the request that said adjudication be made effective without judicial proceedings as prescribed by the aforementioned Rules of Court. Under Notary Public of Attorney Melanie B. Ortiz-Rusete; Doc. No. 164; Page No. 33; Book No. 16; Series of 2017. BWM: Apr. 7, 12 & 21, 2017

President will discuss with the three leaders “matters relevant to the welfare and dignity of the Filipinos living in their countries as well as explore avenues for economic and political cooperation.” “The President hopes that through the stronger partnerships he will forge during this visit, he can tap into the over 500 billion US dollars combined investment capital of Saudi Arabia, Bahrain and the State of Qatar and bring home more investments and jobs for our people,” she said. Quintana summed up the objectives of the President’s trip to the Middle East, as “people, progress and partnerships,” which aims to strengthen efforts for the protection of the rights and promotion of the welfare of the more than one million Filipinos working in these countries.” The Middle East continues to be the destination of choice of overseas Filipino workers (OFWs) and is the second largest source of remittances with 28 percent or almost 7.6 billion US dollars remitted from the region last year. At least 32 OFWs are on death row in these countries — 31 in Saudi Arabia, one in Bahrain and none in Qatar, Quintana said, adding that all these cases are being handled by the Office of the Undersecretary for Migrant Workers Affairs “and they are all in different levels of — in terms of handling and they are actually very complex, some of these cases are very complex.”

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF (HMDF) PAG-IBIG FUND Mortgagee, -versus-

EJF FILE No. 2017-170

For: Extra-Judicial Foreclosure Of Real Estate Mortgage under Act 3135, as amended by Act Mortgagor No. 4118

MEL JOSEPH G. YPIL married to KATHERINE DYAN N. YPIL

/- - - - - - - - - - - - - - - - - - -/ NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2017-170 “Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by (HDMF) PAG-IBIG FUND, against MEL JOSEPH G. YPIL married to KATHERINE DYAN N. YPIL, both of legal age, Filipinotizens, with postal address at Lot 28 Block 03, PCS-10.0,04225, PAG-IBIG CITI HOMES, PHASE 3, MALANANG, OPOL, MISAMIS ORIENTAL to satisfy the mortgage indebtedness which amounts to FIVE HUNDRED Fit Y THREE THOUSAND TWO HUNDRED FIFTY NINE PESOS & 29/100 (P55y59.29), Philippine Currency, inclusive of interest and penalty charges as of MARCH 16, 2017, the undersigned will sell at public auction on MAY 5, 2017, at 10:00 A.M. to 4:00 P.M. AT THE REGIONAL TRIAL COURT, City To ism Hall, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT NO. – 136-2015000516 LOT: LOT 28, BLOCK-3, PCS-10-004225 CONSOLIDATION-SUBD: LOT 6, PCS-10-003972 AND :LOT 1, BLOCK 24, PSD-10-059077 AS SURVEYED FOR: JOHNDORF VENTURES CORPORATION (PAGIBIG CITI HOMES, PHASE-3) LAND USE: (RESIDENTIAL) LOCATION: MALANANG, OPOL, MISAMIS ORIENTAL. CONTAINING AN AREA: NINETY FIVE (95) SQ. M. MORE OR LESS , BEARING : TRUE DESCRIPTION OF CORNER : ALL PTS. ARE PS. ORIGINAL DATE SURVEY : NOV. 1929.1933 SUBDIVISION DATE SURVEY : APRIL 12-18, 2009 DATE APPROVED: DEC. 8, 2009 GEODETIC ENGINEER : EDUARDO M. APALLA. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event auction sale cannot take place for whatever legal reason, the same/Ill proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. Cagayan de Oro City, April 3, 2017.

BWM: Apr 12, 19 & 26, 2017

(Sgd.) EFREN G. MAABAYA Sheriff IV

The President is expected to witness the signing of several agreements on labor, agriculture, air services, culture, health and political bilateral consultations. Quinta said the President will “invite investors to the Philippines and usher in progress here at home, and to forge stronger partnerships by elevating our political and economic cooperation with these countries to new heights.” On political cooperation, the President is keen on seeking partnerships in security, countering terrorism and combating illegal drugs, she said. (Carolyn O. Arguillas / MindaNews)

Surfing... from page 1

has been a strong supporter of both men’s and women’s surfing at Cloud 9 for over 20 years, and this event will be the 9th women’s event under his patronage. “Ever ything is being prepared and the waves will be ready,” he said. “We are happy that our women’s event will now be sanctioned by the WSL and we can’t wait for the first Cloud 9 waves to be conquered by these brave women,” he said. “We have the number one professional female surfer in Asia and current rank number 2 professional male in Asia declared by the Asian Surfing Championship,” Rusillon said, adding he is confident that with the inclusion of surfing in the Olympics in 2020, we can grab the gold medal.” “WSL is thrilled to be taking the Women’s QS tour to the Philippines,” said WSL Asia Regional Manager Steve Roberson in a press statement

sent to MindaNews on April 10. “I k n ow h ow mu c h work it takes to make these events happen so I’d like to thank the people of Siargao and everyone else who has supported the event,” he said. The WSL has had a great relationship with the Siargao surfing community for two decades and is pleased to see this relationship build and flourish in 2017 with the inclusion of a women’s QS event. “It will be interesting to see whether the locals, who know the fine intricacies of the wave or the more experienced international surfers will take the win and the prize money,” he said. B oasting a generous $10,000 USD prize purse, not to mention the lure of getting deeply barreled in this perfectly pitching righthander, of Cloud 9. The Siargao International Women’s Cup has already attracted the attention of one of the best international female surfers, current QS number 8 ranked Philippa Anderson from Australia. “It’s great to see the WSL getting on board for a women’s contest in the Philippines,” Anderson said. “Everyone knows how good the waves are, so to finally have a women’s QS event there is going to be great. I’ve been coming to the Philippines for a few years now and I love it. The vibe, the waves, the food, and of course the locals. It’s one of my favorite places in the world. The local surfers are so cool and now the level of surfing with the girls there is incredible.” Philippa Anderson won the 8th Annual Siargao

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 41 Cagayan de Oro City

Int e r n at i on a l Wom e n’s Surfing Cup in 2015. She is currently sitting at No. 8 on the QS series. Anderson won the event last time it was held as an ASC (Asian Surfing Championship) event in 2015. She will be looking for victory again when she returns. “Coming back as champion from the last time I was there is really cool, but it would never be easy, it never is. With the standard getting better and better each year I’m excited to watch the local girls put on a great show like they always do. Massive thanks to ever yone involved with getting this event on the schedule. I can’t wait for warm water and pumping waves.” she added. Nilbie Blancada, the reigning and defending 2016 Asian Surfing Champion who hails from this town said “it’s gonna be clash of titans, an epic battle among surfing queens around the world and I’ll do everything I could for the glory of our country,” she said. (Roel N. Catoto / MindaNews)

Energy... from page 1

obviously was still the ‘king’ in the mix with the heftiest capacity share of 36.5-percent share. According to Cusi, the country’s total dependable power capacity already hovered at 19,097 megawatts as of last year with total available capacity placed at 14,996 megawatts. Peak demand in 2016 was at 13,272MW. Visayas grid has the biggest RE share in its power mix at 47.2-percent, dominated by

geothermal with 28.9-percent share, followed by solar with 11.8-percent share, and then wind with 3.2-percent share. For Mindanao, its RE capacity had been partly eclipsed by the entry of new capacities on fossil fuels, primarily coal. Last year, its RE capacity had been at 37-percent — mainly hydro with 31.3-percent share.Luzon grid’s power mix is comparatively more diversified with renewable energy capacity still building up – and had just been at 27.1-percent in 2016. Hydropower cornered the biggest RE share at 17.1-percent; followed by geothermal at 5.7-percent; and then wind power capacity with 2.2-percent share. Cusi said advancing an efficient and reliable electricity supply for the country in the long-term would still b e a major challenge for him to hurdle on his tenure as energy secretary. At this stage, he leans on pursuing the development of more traditional energy sources that could meet t he count r y’s ne e d for heftier baseload power. His adherence to RE is anchored more on having their subsidies scrapped and their reliability improved with the coupling of battery storage.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 24 Cagayan de Oro City

PETITION FOR EXTRA JUDICIAL EJF NO. 2017- 093 FORECLOSURE OF REAL ESTATE MORTGAGE UNDER 4 ACT 3135 AS AMENDED BY ACT 4118 FOR: HOME DEVELOPMENT MUTUAL FUND(Pag-Ibig), EXTRA-JUDICIAL FORECLOSRE Petitioner, REAL ESTATE MORTGAGE RHODA S. PADIOS, Respondent. x--------------------/ NOTICE OF EXTRA-JUDICIAL SALE

HDMF (PAG-IBIG), Mortgagee, -versus- IVY S. GUANTERO, Mortgagors. x---------------/

Upon extra-judicial petition for sale under Act. No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL Fund(Pag-lbig), against RHODA S. PADIOS, married to JOBELLE B. PADIOS, both of legal age, Filipino citizens with postal address at #87-A, BACONGA ST., LAPASAN, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of February 14, 2017, amounts to ONE MILLION FOUR HUNDRED THIRTY THREE THOUSAND ONE HUNDRED TWENTY NINE PESOS & 05/100 (P1,433,129.05), Philippine Currency, inclusive of interest; penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on May 17, 2017 at 10:00 A.M. at the main entrance of this Court, Regional Trial Court, Branch 11. Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit:

Upon extra-judicial petition for sale under ACT 3135 as amended filed by HDMF (PAG-IBIG) mortgagee, against IVY S. GUANTERO mortgagor, resident of 334 LOURDES CORRALES STREET, APOVEL SUBDIVISION, BULUA, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of November 28, 2016, amounts to (P 663,866.81) excluding penalties, charges, attorneys fees and expenses of foreclosure, the undersigned Sheriff will sell at Public Auction on April 24, 2017 at 9:00 A. M. or soon thereafter at the main entrance of TOURISM HALL CITY HALL, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the properties with all its improvements to wit:

TRANSFER CERTIFICATE OF TITLE NO T-163454 A PARCEL OF LAND (Lot 3741-B-1-A-2-C, PSD-10- 010293, being a portion of Lot 3741-B-1-A-2, Psd-10-009119). situated in the Barrio of Lapasan, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED FIFTY (150) SQUARE METERS, more or less including all improvements existing and to be constructed/erected thereon. All sealed bids must be submitted to the undersigned on the abovestated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following- working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, March 17, 2017. BWM: Apr 5, 12 & 19, 2017

(Sgd.) ALDEN V. SAMBAAN Sheriff IV

FILE NO. 2017 - 140 FOR: EJF OF REAL ESTATE MORTGAGE UNDER ACT 3135

SHERIFF’S NOTICE OF SALE

TRANSFER CERTIFICATE OF TITLE NO. T-207630 A PARCEL OF LAND, (Lot 22, Block 4, of the subdivision plan (LRC) Psd-169564 being a portion of Lot 11, (LRC) Pcs-8974 LRC Cad. Record No. 1612). Situated in the District of Bulua, City of Cagayan de Oro, Island of Mindanao. Bounded on the NE., points 4 to 1 by Lot 21; on the SE., points 1 to 2 by Lot 23; on the SW., points 2 to 3 by Lot 24 (Alley); all of Block 4; and on the NW., points 3 to 4 by Road Lot 3; all of the subdivision plan. Containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS MORE OR LESS. Prospective buyers may investigate for themselves, in the event of Auction Sale cannot take place for whatever legal reason the sale will proceed on the following day, without further notice, posting and publication, the title here in above describe and encumbrance thereon, if any there be. Cagayan de Oro City, Philippines, March 20, 2017. (Sgd.) TERESITO C. ESTENZO Sheriff IV BWM: March 29, Apr 5 & 12, 2016

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Feature

IN-DEPTH

Tue-Wed | April 11-12, 2017

photo courtesy of cdodev . com

OUR LADY OF GUADALUPE SHRINE AT IGBALALAY HILLS

(A LENTEN RELIGIOUS TOURISM DESTINATION)

By Joe P. Palabao

onsidered asâ€? A Religious Tourism Destinationâ€? is the Shrine and Home of Our Lady of Guadalupe, majestically situated at the Igbalalay Hills of the progressive Barangay Balubal, Cagayan de Oro City. It is Her beautiful home surrounded with amazing mountains , rocks, flora and fauna and verdant trees. Historically, its location and wondrous scenery is compared to Tepeyac Hills, Mexico City where our Lady appeared hundreds of years ago. For the last seventeen (17) years since 2007, the Shrine has been visited and flocked by domestic and local tourists, devotees from all over Mindanao, Luzon and Visayas day in and day out especially during Lenten Season and Holy Week and every 12TH day of December wherein Her Feast Day is celebrated by all her devotees all over the world.

The amazing place can be reached by the devotees by crossing and traversing the same river source nine (9) times before you see the beautiful view of the Chapel of Our Lady of Guadalupe. Devotees have to cross the first river bank along Tablon River and Agusan River upstream the Balubal River tributaries and reach the first Station of the Cross. Along the trail you can see flora and fauna, the white rocks, the mountains, the meadows, the trees and of course the cold water of the River. Each embankment is a Station of the Cross for the devotees to make their Way of the Cross uphill till they reach the Igbalalay Hills where the Chapel of Our Lady of Guadalupe is majestically situated. April 13-Holy Thursday, it is expected that hundreds and hundreds of devotees will traverse the same river source

photo courtesy of philippines - news . info

nine (9) times and make the Way of the Cross-mostly devotees will stay overnight for prayers and meditation. April 14-Good Friday expect another flock of devotees early as midnight down to dawn and daytime. It is estimated that thousands will be in the Shrine for prayers and meditation. April 15-Holy Saturday and April 16, 2017 Easter Sunday still the Shrine will be full of devotees. Indeed, Our Lady of Guadalupe at Igbalalay Hills is now her home and devotees kept on going and making their religious tourism destination to the area as they pray and meditate coupled with nature tripping and relax with the cool water of the river. It is now one being considered as one of Religious Tourism Destination for all foreign, domestic and local tourists in the Region today. MABUHAY SI MAMA MARYOUR LADY OF GUADALUPE AT IGBALALAY HILLS.