BusinessWeek Mindanao (April 26, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 142

Market Indicators As of 5:00 pm April 25, 2017 (tuesday)

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Wednesday | April 26, 2017

By KRIS M. CRISMUNDO PNA

T

HE Brunei DarussalamIndonesiaMalaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) wants to craft an incentive package to attract investors to explore opportunities in the sub-region.

BUTUAN City – To sustain economic gains and continuously elevate the quality of life in the country, Energy Secretary Alfonso Cusi said that the Philippines endeavors to add at least 20,000 megawatts of renewable energy (RE) capacities by 2040.

Cusi issued the statement during the recent launch by the DOE and the International Renewable Energy Agency (IRENA) of the Renewables Readiness Assessment (RRA) for the country at the Energy Center at Bonifacio Global City.

“RRA is a collaboration among the DOE, IRENA and other renewable energy stakeholders from both the public and private sectors. It is vital in our vision towards attaining 20,000 megawatts of renewable energy capacities by 2040,” said Cusi.

Cleanergy Park DAVAO City -- This year has seen a record number of Hawksbill Turtles being hatched in Cleanergy Park since it was opened in 2014.

This year they have found four nesting sites with about 571 eggs. About 541 hatchlings have been released this year.

About 2,300 turtle hatchlings has been released in the park since 2014 this includes the 186 hatchlings released on April 18.

Fermin Edillon, community relations manager of the Aboitizowned Davao Light and Power Company says they are securing the nesting sites of these turtles.

Caraga’s palm oil PROSPERIDAD, Agusan del Sur -- Stakeholders of the Palm Oil industry cluster from all over Caraga region have recently gathered together in San Francisco town this province to craft their development direction.

Guided by the Philippine Palm Oil Roadmap ‎2013-2023, the Department of Trade and industry (DTI) Caraga Region with DTI-Agusan del Sur provincial office, organized a localization and planning workshop to determine issues and strategies embodied in the roadmap to meet the needs of the oil palm growers and other players in the regional setting.

While presenting the national roadmap, DTI-Caraga Regional Director Brielgo Pagaran acknowledged that there are certain sectors that still have some questions about the industry.

He said there is a need to address these concerns for the cluster to be able to unleash the full potential of the palm oil industry.

P15.00

Incentive package seen to attract investments www.businessweekmindanao.com

NO TO FAKE NEWS. The Philippine Press Institute (PPI) and Nickel Asia Corporation (NAC) lead campaign to stop fake news. Close to 200 participants from various schools in the province of Batangas attended the second round of the scholastic press outreach program of the Philippine Press Institute with support from Nickel Asia Corporation on “Let’s Get Real on Fake News” at the Batangas State University in Batangas City. The covenant signing highlighted the one-day activity that aims to help students and educators spot fake news and find ways to stop it. The next legs will be conducted in the NCR and Bulacan.

Peza eyes new industrial estate in Caraga region

By MARK FRANCISCO, Staff Writer

T H E g ov e r n m e nt w i l l establish another industrial estate in Caraga region.

Cagayan de Oro Chamber of Commerce and Industry (Oro Chamber) president Robertino Pizarro told reporters over the weekend that with about 1,000 megawatts power in Mindanao it is more than enough to fuel two new

industrial estates.

Pizarro said that he has conferred with an official of the Philippine Economic Zones Authority (PEZA) who relayed to him that the government is eyeing Caraga as a new industrial hub.

This comes at a time when PEZA is actively involved in creating new industrial estates as part of efforts to

develop economic zones in every city and province.

Pizarro however did not identify which city in Caraga that the new industrial estate will be established although its current director-general, Charito Plaza, is a former representative of the region’s capital Butuan City.

“Whi le we cont inue our partnership with the private sectors, PEZA will peza/PAGE 11

Mindanao Development Aut hor it y (MinDA) International Relations D i v i s i on D e v e l o p m e nt Management Officer Jonathan Miral said in a phone interview that offering incentives to locators was part of the sub-region’s agenda to increase investments from incentive/PAGE 11

SAN MIGUEL BREWERY PLANT. Executives from San Miguel Brewery Inc ., Misamis Oriental and the town of Tagoloan join together in the ground breaking of its new plant located at Brgy Sta. Ana , Tagoloan. photo by mdn/bwm

34-km farm roads in Agusan Sur seen to boost farmers produce

By CHRIS V. PANGANIBAN, Contributing Editor

Agusan del Sur Gov. Adolph Edward Plaza in peach shirt and other governors who are recipients of multi-million peso Philippine Rural Development Project funded by the World Bank pose with Agriculture Secretary Manny Pinol during a recent meeting in Manila. Photo courtesy of Armando Gomez, Provincial Public Information Officer- Agusan del Sur.

PROSPERIDAD, Agusan d e l S u r- - - T h e m u c h awaited 34-kilometer P551 million World Bank-funded provincial road concreting project that will connect the farming communities between San Luis town and

Bayugan City will soon be realized.

Gov. Adolph Edward Plaza said the road network project is seen to boost economic activity especially to farmers w h o w i l l e nj oy e a s i e r accessibility to transport their

produce since travelling time in this area would just entail less than an hour from the recent more than two hours of negotiating the rugged roads.

Plaza said a meeting World Bank officials is set on May 8 to iron out the kinks for the roads/PAGE 11

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Economy 2 Oro council strengthens anti-child pornography law T Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

wednesday|April 26, 2017

HE CAGAYAN de Oro City council here has approved an ordinance that puts more teeth on violators of child pornography, a city councilor said Monday.

City Councilor Edna D a h i n o, t h e p r i n c i p a l

author of the ordinance, said the “Anti-Pornography Ordinance of 2017” treats pornography as a violation of the civil rights of both men and women.

She added it was in line with the constitutional mandate of the state under

Republic Act 9775 or the Anti-Child Pornography Act of 2009.

Pursuant to the ordinance, unlawful and prohibited acts include t he hir ing , e mpl oy ing , persuading, inducing or coercing any person to

perform sexual acts.

The ordinance prescribes mall owners or operators, including lessors, to notify the Philippine National Police (PNP) or the National Bureau of Investigation that pornography is being committed in their premises.

Dahino said that the ordinance also provides for the creation of the Por no g r aphy C ont rol C ommittee composed of a chairperson, a representative from the city council, five representatives from other sectors, and two

other members representing cultural leaders and religious groups.

Dahino’s ordinance was reviewed and endorsed by the city council’s committees on w om e n an d f am i l y relations and on laws and rules.

ARMM holds dialogue with Lanao Sur social devt sectors MARAWI City -- To improve communication with the stakeholders at the grassroots level and promote greater community participation in solving social issues, the Autonomous Region in Muslim Mindanao (ARMM) has conducted a summit and dialogue in Marawi City, April 19.

The event, dubbed Social D e v e l o pm e nt Su m m it ,

brought together hundreds of stakeholders in education, health, social welfare, and environment sectors at the Lanao del Sur Provincial Capitol.

ARMM Governor Mujiv Hataman, together with officials from the regional departments of Education (DepEd), Social Welfare and Development (DSWD), Health, and Environment and

Natural Resources, attended the summit to address and answer the issues and concerns of each sector.

Dr. Nariman Lao Taha, a rural health physician in the town of Sultan Dumalondong since 1990, said in more than 25 years of working, this is the first time they had a dialogue with the ARMM regional governor.

“Napakagandang

pagkakataon ito na makausap namin ang regional governor at mga regional secretaries para maipaabot namin ang mga concerns namin sa aming lugar. Kailangan po talaga namin ng expansion ng health facilities para macater namin ang lahat ng pumupunta sa RHUs (rural health units) namin,”Dr. Taha said.

Dr. Alinader Minalang,

Lanao del Sur provincial health officer, said while efforts are underway to cater to the needs of the populace, challenges still face the health sector in the province. Lanao del Sur has 1,063 barangays in 39 towns. Each of these towns has a rural health unit, but only 31 have standard buildings. Also,only 138 of the total 1,063 barangays have barangay health units.

The province has six hospitals, but only one is classified as Level 2 hospital with 200-bed occupancy.

The remaining five are either infirmary, or Level 1 hospital with less than 100-bed occupancy. In 2016, the province had a total population of 828,584.

“Our dream for Lanao del Sur is a healthy, empowered dialogue/PAGE 11

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DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

Supt. Rustom Duran, regional chief of Philippine National Police (PNP) Maritime Group 10, is inducted as dual member of the CDO Blue Eagles Club last Saturday (April 22)

by Fraternal Order of Eagles (Philippine Eagles) NMR4 Gov. Nelson Alonto-Sarapuddin.

PHOTO BY Mark Doña Francisco, Mindanao Daily News

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

CorporateWorld PAL to utilise two B777s for flights to London, US

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wednesday|April 26, 2017

P

HILIPPINE AIRLINES (PAL) on Monday said the two new Boeing 777-300 ER aircraft set for delivery in December will be deployed for flights to London and the United States.

“The Boeing aircraft will serve the Manila-London route, a move designed to primarily enhance the total passenger travel experience and inflight service delivery.

While we already have eight triple 7s serving the West Coast, the incoming units will also augment other transPacific flights,” PAL President and Chief Operating Officer Jaime J. Bautista was quoted as saying in a statement on Monday.

The Lucio C. Tan-led carrier earlier earmarked around P700 million for its capital expenditures this year, almost similar to its budget last year to take delivery of two Boeing 777-ER, five Q400 Bombardier turboprops, and

two Airbus A320-Neo. Mr. Bautista noted that the Boeing 777 is PAL’s flagship aircraft for longhaul operations.

“With its range and operational capability, the flag carrier will be at par with other full service carriers along the route. We will also increase capacity as the aircraft will have a 370-seating capacity on a two -- class configuration (42 on business and 328 on economy) as compared to the 254-seating capacity of the A340,” he added.

The acquisition of the carrier’s 9th and 10th Boeing 777 is based on a long-term lease agreement with Intrepid Aviation.

Intrepid President and Chief Commercial Officer Doug Winter was quoted as saying the Philippines is among “the fastest-growing economies in Asia” and PAL “has been enjoying a strong, profitable growth trajectory over the past few years.”

Aviation think tank Center for Asia Pacific Aviation (CAPA) earlier said PAL is planning on expanding its international network further in the next two years, adding more flights to Australia, China, the US and Europe.

PAL c ur rent ly is in advanced discussions with an airline interested in taking a “less than 40%” stake in the company, with a deal seen within the first half of the year. The strategic investor is expected to help PAL better manage its fleet and reach five-star full service carrier status by 2020. PAL currently has a three-star rating.

In a related development, PAL said confirmed its PR 212 flight returned to an airport in Sydney, Australia on Sunday morning after it reportedly encountered problems with its landing gear. In a statement, PAL denied a report that the flight carrying 218 passengers made an “emergency landing” shortly after taking off

from the Kingsford Smith International Airport, saying it “had to return to Sydney due to a technical issue.”

PAL said the A340 aircraft “landed normally” in Sydney and was subjected to a technical check.

“No emergency landing was declared by the pilot o f P R 2 1 2 ,” PA L s a i d .

“Passengers were given h ot e l a c c om m o d at i ons and are being apprised of the situation. A number of affected passengers were rebooked on available PAL Sydney-Manila flights. Other passengers have been booked on other airlines (OAL),” it added, noting that safety remains the cornerstone of PAL operations.

The flag carrier serves at least 43 international destinations, including 20 regionally within East Asia, 10 in Australasia and the Pacific, seven in the Middle East, five in continental North America and one in Europe.

Globe secures SMIC completes acquisition of dorm developer INVESTMENTS Corp. T h e P h i l i p p i n e manages five dormitor y funding for capex SM (SMIC) on Monday said it Competition Commission buildings, targeting young GLOBE Telecom, Inc. secured fresh funding to finance capital expenditures this year, majority of which will be allocated for the expansion of its data network.

The Aya la-le d telecommunications company told the stock exchange on Friday that it signed a 10-year P8-billion term loan facility with BDO Unibank, Inc. The debt will help Globe fund its $750-million capital funding/PAGE 11

has completed the acquisition of a controlling stake in the developer and operator of MyTown dormitories.

In a regulatory filing, SMIC said it acquired 674 million common shares, representing a 61.21% stake, in Philippines Urban Living Solutions, Inc. (PULS) on April 20.

“This acquisition allows SMIC to capture growth opportunities in the dormitel segment,” the company said.

(PCC) approved the deal last month, saying the acquisition will not “result in substantial lessening of competition in the relevant market.”

The PCC is tasked to re vie w mergers and acquisitions over P1 billion, as per the Philippine Competition Act to ensure that such deals will not prejudice the interest of consumers.

Established in 2012, PULS currently owns and

professionals, in Makati and Bonifacio Global City.

The investment marks SM’s entry into the rental housing market, with PULS complementing the real estate businesses of the country’s richest man Henry Sy, Sr. under SM Prime Holdings, Inc. SMIC b o oke d a net income of P47.76 billion in 2016, higher by 9.4% the year prior, on the back of stronger revenues at P362.83 billion.

Primavera Residences Investment Sale is Back!

Due to market demand, Pr i maver a Re sidence s , t he f irst condominiu m a nd g reen bu i ld i ng i n Cagayan de Oro City, is glad to announce that the Investment Sale promo is back with a new edition.

A p r i l b u y e r s mu s t avail of the ULTIMATE INVESTMENT MADNESS V2 .0 to enjoy K itchen Showcase, Free Property Ma na gement C ont r ac t with Damiani Property Management and Services, I n c . ( D PM S i) , a n d a 12-month downpayment holiday.

“It is the best month of the year to invest as Primavera of fers reasonable dea ls for their April investors and buyers. The promo is valid until April only. It’s definitely the right time to invest!” said Gladys Echano, IDC Sales Director.

About Damiani Italpinas Development Corporation (IDC), the multi-awarded builder in Cagayan de Oro, is partnered with an Italian-Filipino leasing company, Damiani Property Management and

Services, Inc. (DPMSi). This partnership makes IDC’s projects like Primavera Residences a prac t ic a l invest ment for you.

Experience a hassle-free investment with Damiani’s pr o fe s s i on a l s k i l l s i n property management and leasing services.

About Primavera Residences Primavera Residences, t h e c o u n t r y ’s m u l t i awarded green mixed-use de velopment , prov ides you w it h a susta inable and peaceful living experience that guarantees to make your life easier and comfortable. As it is situated in the heart of the city, you have easy access to nearby places such as SM City, schools, convenience stores, churches, world-class golf course, banks, among others.

It s 10 - s t o r e y t w i n tower building is located at Pueblo de Oro Business Park offering residential, com mercia l a nd of f ice spaces for sa le and for rent. You can choose from one-bedroom and t wo-

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL

By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City.

No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City.

Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com

VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com

ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils.

Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887

bedroom units – all ready for occupancy.

About IDC Italpinas Development C or p or at ion (I D C) i s a publ icly l isted g reen developer that is recognized in the national and global arena for its commitment to green living and architectural design. It was among the winners in the prestigious Asia Pacif ic Property Awards in the 2014 Asia Pacific regional competition as the Best Mixed-Use Development in the Philippines. It has been awarded also as the Best Condo Development

in the Philippines in 2011 (Southeast Asia Property Awards) and a finalist in the Most Promising Energy Investment Opportunity of the Year (CTI PFAN Philippines Clean Energy Investor Forum). Primavera Residences was also given the distinction as the First Completed Condominium Project in East Asia to be given the EDGE (Excellence i n Desig n For Greater Efficiencies) Certificate, awarded by IFC World Bank.

INVEST NOW! Call us at 917-792-1078 or (088) 880-5002 or visit www. primaveraresidences.com.

PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

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wednesday|April 26, 2017

Cyber attack fears ahead of election

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Two Days to Never Worry About Think a minute…Did you know there are 2 days you never need to worry about?

The first day is yesterday. It’s simply impossible to change the past. Yesterday is gone… forever. There is nothing any of us can do to bring it back, especially by worrying about it. So whatever mistakes, problems, or hurts we had yesterday, we’ve got to stop worrying about them. We cannot undo what’s already done, nor take back what we’ve already said, only ask forgiveness. Hopefully we learn our lessons from yesterday’s mistakes. But then, let it go! Life goes on, so we’d better go with it.

The other day we never need to worr y about is tomorrow. None of us can control or know everything that might happen tomorrow.

We don’t even know whether or not we’ll still be here!

What’s going to happen will happen whether we worry about it or not.

So we’re left with only one day that we can actually do anything about: today.

As the saying goes: “The past is history, tomorrow’s a mystery, so today is all we have. It’s a GIFT, that’s why it’s called the PRESENT.” All we have is right now, and today has enough problems,

THINK

A Minute

Not only Germany will be holding its general elections this year. Also France and Great Britain.

One of the latest reports on my desk states that the German government plans cyber attack ‘hackback’ ahead of the election. And, according to German media reports, Berlin wants to create conditions to be able to hit back in the event of a cyber attack. The move comes as the country gears up for September’s general election amid fears of hacking.

In the event of a cyber attack, as well as being able to defend against incursions, Germany plans to have the ability to destroy hostile servers if necessary, German daily “Süddeutsche Zeitung” and bro adcasters NDR (North German R adio) and WDR (West German

Radio) reported. Among experts, such measures are known as “computer network operations” or “hackback,” the reports said.

I learned that during an ongoing attack, police, militar y or intelligence service units would attempt to identify the assailant and block the attack or destroy the servers being used to stage the incursion.

A prerequisite for such action would be that a legal aid request is not possible and that the attack from abroad can not be stopped.

Two people were arrested in Britain last week after allegedly attempting to hack the Washington DC CCTV surveillance camera system just days before President Donald Trump’s inauguration. US media said 123 out of almost 200 cameras

throughout the city were disabled by ransom ware software. Officials feared a bigger attack may have been planned for the day of Trump’s swearing in.

In government circles, for example, this would include an attack on an electricity grid or another hacking of the Bundestag - Germany’s lower house of parliament.

In this case, it would also be possible to remove the servers on which stolen parliament data is located.

There is, however, and in my opinion, no current legal basis for such projects.

Germany’s militar y, the Bundeswehr, has just installed its own cyber-subcontracting force, but it is only responsible for warlike acts from abroad or if its own troops were attacked.

Fears of election

H ave M y Say

Klaus Doring

interference will grow up more and more. No place in the whole world is 100% save in case of cyber attacks.

Anyway, the German government now plans to draw up the corresponding legal proposals to permit a response in the case of cyber attacks on civilian targets. Germany’s Federal Security Council, chaired by Chancellor Angela Merkel, doring/PAGE 11

Ombudsman Morales should resign now LIFE’S INSPIRATIONS: “…

Now reform your ways and your actions and obey the LORD your God. Then the LORD will relent and not bring the disaster he has pronounced against you…”

(Jeremiah 26:13, the Holy Bible).

-ooo THE OMBUDSMAN’S “PALUSOT” OVER DELAYS IN HER OFFICE: So, because the courts---the Supreme Court included---are similarly delayed in resolving cases that are brought before them, as Ombudsman Conchita Carpio Morales claimed in a TV interview the other day, the Office of the Ombudsman under her can already take it easy and take its own sweet time in deciding the cases that are brought before her office even if such resolution take

years to carry out?

This is simply “palusot”, or even gross criminal neglect, if you ask me. It also represents incompetence of Morales of the highest order, with due respect, because it shows an inability on her part to comply with the clear Constitutional directive for speedy trial and speedy disposition of cases even at the level of the Ombudsman.

It even approximates an amazing intellectual bankruptcy and administrative inefficiency, considering that in resolving graft complaints that are broug ht against erring government officials and employees, the Ombudsman can call upon other government agencies nationwide to help it in investigating cases, and in determining whether the

accusations are true or not.

-ooo O M B U D S M A N MORALES SHOULD RESIGN NOW: The best thing for Morales to do at this point, since there is already an official admission on her part of her lack of capacity to speed things up at the Ombudsman as required by the Constitution and even by the Ombudsman Act of 1989 (Republic Act 6770), is to resign and relinquish her post to another official who can be better than her, which I am sure there are plenty of.

What the country needs at this point that even the highest official of the land, her own relative by affinity, President Duterte, is campaigning so hard against corruption in government, is an Ombudsman who will

K ak ampi

Mo A ng Batas

Atty. Batas Mauricio not rant at excuses but who will be motivated enough to find ways to prosecute grafters more speedily and greater dispatch, with no fear or favor.

The problem is that many believe that Morales is in reality unwilling to do her job as a graft buster because, if she did so, she would be batas/PAGE 9

Today’s quest for order

Jhan Tiafau Hurst responsibilities, and worries of its own. The last thing we need is to pile up yesterday’s and tomorrow’s problems on top of today’s! No wonder some people are stressed out with even physical problems and sicknesses. Remember, if you don’t bury your worries, they could bury you!

This is why Jesus Christ taught us not to worry about yesterday or tomorrow. Jesus said: “Who can add a single hour to his life by worrying!

Don’t worry about tomorrow.

Each day has enough trouble of its own. Live just one day at a time.” So all you have to do is take care of today. Make sure you’re doing your very best in your responsibilities and relationships: that your heart is right with your Maker and other people. Do all hurst/PAGE 11

It cannot be denied that today’s quest for order is getting more difficult and challenging. There are just too many things around, producing so much clutter.

T h e wor l d i s s pi n n i ng increasingly faster. And things in general are getting m ore c omp l i c at e d a n d complex.

We j u s t c a n n o t s i t around, contented with our current level of our sense of order. We have to learn to grapple with reality, take the bull by the horns, and adapt ourselves with the rapidly changing world without getting lost.

Yes, we have to continue monitor ing , ref le c t ing , verif ying and learning.

We have to be wary of our tendency to be complacent with what so far has been working well with us. Times are changing and we need to update ourselves with the new tools available.

More than that, we have to somehow update our attitudes and skills.

T h e o t h e r d a y, a

priest-friend confided to me that he is finding it harder nowadays to give a meaningful homily, not because he does not have ide as. The problem, in fact, is that he has to o many ideas and data that he does not know anymore what to choose from them to make a very organic and meaningful presentation of God’s word in the homily.

Obviously, the problem goes beyond the technical.

It is actually asking for another turn tighter with respect to our relationship with God and with our virtues, especially charity.

It is actually asking for more sacrifice, more humility, etc.

We need to be more ob s e r v ant of t he many simultaneous developments around. Precisely because of this, we need to submit ourselves to a certain discipline so we can cope better with the rapid developments.

Priority should always be given to God, to prayer,

to the sacraments, to the cultivation of virtues. These give us the firepower to see things clearly, enabling us to put things in their proper hierarchy. Otherwise, we will end up repeating the story of the Tower of Babel.

We need to see to it that we tr y our b est to be in good shape all the time, both spiritually and physically, mentally and emotionally. We need to org an i z e ou r d ay wel l, coming out always with some concrete plan for the day, so we avoid finding ourselves idle or at a loss as to what to do next.

Even our rest, which is also very important to us, shou ld b e prop erly planned. We should not take it for granted, because neglecting it will surely take a toll on our overall he a lt h and c ap a c it y to work. We have to find a way of recharging ourselves periodically during the day.

I happen to know some people who have gotten so addicted to their work that

HINTS

and

Traces

Fr. Roy Cimagala they lost the capacity to rest. The result, of course, is a big disaster. We have to take care of our rest in all aspects of our lifespiritual, physical, mental, emotional, etc.

Of cours e, it is a ls o important to realize our own limitations and not wor r y to o mu ch ab out them. We have to learn how to live wit h t hem, neither getting complacent nor nervous or too worried w it h t hem. We have to learn to be both busy and serene. roycimagala@gmail.com.

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Banking&Finance

DOF wants Bank Secrecy Law amended before tax amnesty

T

HE Department of Finance (DOF) wants the lifting of the country’s bank secrecy policies before introducing any tax amnesty.

O n t he s i d el i ne s of t he D OF ’s annivers ar y celebration, Finance Secretary Carlos G. Dominguez III told reporters yesterday that the relaxation of bank secrecy law for tax purposes should be passed into law before the tax amnesty.

“There are things that have to be done to make any tax amnesty, if there is one, effective,” Dominguez said, noting that the repeal of the long-standing bank secrecy policies is necessary to boost taxpayers’ compliance.

E a r l i e r, B l o o m b e r g Newswires reported that the Philippine government was planning to implement an In d on e s i a - t y p e t a x

amnesty program to raise much needed revenue for the government.

But Dominguez clarified yesterday that a tax amnesty program is “really premature at this point in time,” but they “will certainly consider something in that area” in the future.

“Number one, they must realize that the government can actually collect the tax, and two that other measures such as the lifting of the bank secrecy law are in place so that it is really serious,” he added.

Bureau of Internal Revenue (BIR) Commissioner Caesar Dulay told a reporter yesterday that he has yet to discuss the proposed easing of the bank secrecy law for tax purposes.

Dominguez earlier said the easing of the bank secrecy law could unlock billions of

pesos kept away from the government authorities, pointing the country’s bank secrecy law is among the world’s most restrictive regulations.

The Philippines together with Lebanon and Switzerland are the only countries in the world that have a bank secrecy law and the Philippines together with Lebanon are the two remaining countries in the world where tax evasion is not a predicate crime in anti-money laundering activities.

B as e d on an e arlier estimate by the finance department, the easing of restrictions in the bank secrecy law could boost the national coffers by at least P300 billion.

Former BIR commissioner Kim Jacinto-Henares had said the Financial Action Task Force (FATF) could again

blacklist the Philippines by 2018 if it fails to ease the bank secrecy law and use tax evasion as a predicate crime to AMLA. Being included in the countries blacklisted by FATF would translate to higher financial transaction costs and stringent crossborder measures for money transactions that could affect remittances.

I n 2 0 1 4 , t h e FAT F downgraded the Philippines to its dark grey list, warning a blacklisting. It had asked t he count r y to expand predicate crimes and covered institutions under the law as well as to criminalize terrorist financing.

A blacklisting means possible sanctions to be imposed by the international financial community, like more costly and stricter requirements for financial transactions.

BSP survey shows unchanged Dominguez says PHL’s fiscal credit standards for enterprise, policy ‘needs to be expansive’ household loans in Q1 this year FINANCE Secretary Carlos opportunities offered by CR EDIT st and ards for enterprise and household loans remain unchanged for the 32nd consecutive quarters as of the first quarter of 2017, the Q1 2017 Senior Bank Loan Officers’ Survey (SLOS) showed.

The survey result was based on the modal approach, which gets the highest number of responses received from 31 of the 35 senior bank loan officers of universal and commercial banks (U/ KBs) who joined the survey for the quarter.

In a briefing Friday, Ruby Anne Lemence, bank officer 5 of the Bangko Sentral ng Pilipinas’ (BSP) Department of Economic Research (DER), however, said credit standards based on diffusion index showed net tightening.

This development was

traced to views of stricter financial system regulations, less favorable economic outlook, and lesser tolerance for risk.

DI results were derived from getting the ratio of those who reported to have tightened their standards as against those who eased.

Lemence said a positive DI was arrived at if there are more respondents who reported credit standard tightening while a negative DI shows otherwise.

Using the DI method, credits standards for household loans is also unchanged, Lemence said.

The central bank official traced this to banks’ sustained tolerance for risk, steady profile of borrowers, and stable economic outlook.

(PNA)

Dominguez III on Monday said the Duterte government’s fiscal policy needs “to be expansive” to be able to achieve the s Po otate’s infrastructure program.

In his speech during the flag raising ceremony of the week-long Werth anniversary celebration of the Department of Finance (DOF), Dominguez said the agency “was established under revolutionary conditions 120 years ago.”

He said the current DOF officials “find ourselves in another revolutionary situation” as t he y now “have a chance to shift our development to investmentled growth, dramatically reduce poverty rates and break out into a higher growth regime.” ”In order to seize the

this moment in history, we need to rapidly modernize our infrastructure while simultaneously refiguring our tax policies,” he said.

This is the reason why the DOF submitted the proposed Comprehensive Tax Reform Program (CTRP) less than 90 days after the current administration took into office in July 2016.

The first package of the proposed five-tiered tax reform program was submitted to Congress in September 2016.

CTRP targets, among others, a cut in the personal and corporate income tax, which will be countered by the hike in the excise taxes on fuel and vehicles.

Last March, the House of Representative’s Ways and expansive/PAGE 9 Cagayan de Oro City Mayor Oscar S. Moreno is inviting businessmen to explore the potentials of the incoming Mindanao Business Conference which will.be held in this city on September 7-9, 2017 at Xavier Sports and Country Club. with him are business leaders in the city Mr Robert E. Pizarro , Oro chamber presifent, Past President Ruben A. Vegafria , Chairman Mjnbizcon 2017, PP Antinio D. Uy. BWM PHOTO

5 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

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

6

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wednesday|April 26, 2017

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wednesday|April 26, 2017

7

BusinessWeek MINDANAO CREDIBLE

RELIABLE

www.businessweekmindanao.com

Lifestyle IN-DEPTH

8

Wednesday | April 26, 2017

A standing ovation for Horst Hans Backer conducting an orchastra and choir

A Vision and Passion Shared:

A European Music School & Community Orchestra for Cagayan de Oro

By Mike Baños

Ms Marinela Neri Velez turns over 41 string instruments to MOGCHS March 9, 2017

L

overs and patrons of music are coming together in Cagayan de Oro to realize a common vision and passion: a European standard music school and conservatory, and as a consequence, a community based orchestra.

Time was when one could stroll around the old Cagayan and hear the tinkle of pianos from almost every household at almost all hours of the day. Then there was the tradition of the Serenata when bands and musicians shared their music with the public at the old kiosko.

Not to mention the local musicians who made it good here and abroad and shared their music to appreciative audiences with all the world’s peoples from London to New York and Beijing. Indeed, the city can rightly claim a tradition of music that goes back through the centuries and decades.

Perhaps it’s not really a surprise that those who had the good fortune to enjoy those halcyon days would have a hankering to share them with the new

generations who seem more enamored to merely listening to canned music from elsewhere through the internet and other media rather than perform it themselves.

One of these visionaries, Ms. Marinela “Girlie” Neri Velez, President of Paterno Velez Foundation & Founder of the Marinela Neri Velez Strings Program, recently donated to Misamis Oriental General Comprehensive High School (MOGCHS) 41 musical string instruments.

MOGCHS Principal Mr. Pedro R. Estaño received the donation in behalf of the Special Program in the Arts of the school.

Amidst cheers of joy, the teachers and students expressed gratitude to their benefactress for her benevolence and generosity. In the words of Ms. Velez, “the instruments have finally found a home!”

The Marinela Neri Velez Strings Program was originally a 10 year program meant to put together a community based strings orchestra from the public and private schools of Cagayan de Oro

through a local school, but when that school opted to proceed in another direction, Ms. Velez transferred the program to MOGCHS. Another of the visionaries who has long been acclaimed as a patroness of the arts is Dr. Rafaelita Pelaez, chairperson of Liceo de Cagayan University.

The Rodelsa Hall, Dr. Ochie’s (as she is fondly known to her friends) contribution to Cagayan de Oro’s tradition of music, has excellent acoustics and the 800-seat venue has been the city’s pride in hosting world renowned musicians through the years, among them her son, piano virtuoso Rudolf P. Golez.

But even beyond Rodelsa, Dr. Ochie’s vision extends to putting up a European-standard music school and conservatory for Cagayan de Oro, and as a consequence, organize a community based orchestra that would allow its students hone their craft to world standards.

That dream started to take shape when she managed to convince a

world renowned composer and conductor from Germany to head the Liceo Music Conservatory last year.

Horst-Hans Bäcker was born in Romania but later honed his craft in Germany and Austria where he studied composition. He has been commissioned to compose music for special occasions by various European cities and won first prize at the De Profundis Composers’ Competition in Cologne with his composition “From the Depths I Cry Out to You, Lord”.

Besides being a composer, Bäcker has also founded and directed various choirs and orchestras including the Salzburger Vokalensensemble chamber choir (1984, Salzburg), and Internationale Philharmonie (1996).

Not the least, Bäcker is also a renowned conductor, completing

his formation in Master Classes with Jorma Panula.

He has been a regular guest conductor for the Arad Philharmonic Orchestra, Banatul Philharmonic Orchestra in Timisoara, Moldova Philharmonic Orchestra in Iasi, and Oradea, Sibiu and Craiova Philharmonic Orchestras (Romania), the Northern Hungarian Symphony Orchestra (Hungary) and for the choir and orchestra of Camerata Antiqua de Curitiba (Brazil).

The maestro hails the move to establish a community based orchestra as one of the essentials for the success of the European standard Music Conservatory in Liceo.

“It’s important that children with an inclination for music start training as early as possible, like in pre-school, with the instrument of their choice,” he said, himself having started his piano lessons at

age five with Tamas Vesmas.”Filipinos have an innate sense of melody and rhythm which puts them at an advantage when learning music.”

Ms. Velez concurs. “Our orchestra should be open to all children regardless of their school affiliation or economic status,” she stressed. “Music should be inclusive; it should be a catalyst which binds people together through a shared passion, instead of a barrier divides them because of family relations and social status.”

Recently, Bäcker sat down with Ms. Velez and friends to discuss how they could work together to bring their shared dreams to fruition.

Hopefully, the dream for a European Standard Music Conservatory and Community Based Orchestra for Cagayan de Oro would come true sooner than later.

-INDJNC-

A Shared Passion in Music - (L-R) Horst Hans Backer, the author, Jocelyn Velez, Marinela N. Velez and Vinny Veloso

9

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wednesday|April 26, 2017

Batas... from page 4

sending to jail her political patrons who were responsible (or who saw to it?) that she would there at that office, at this critical period of the Duterte presidency, to shield them from prosecution and incarceration.

-ooo GUIDELINES FOR GOOD GOV’T OFFICIALS: What is God’s will for those who would like to be installed as officials? Through His Bible, God laid down His will for those wanting to be officials. The first guideline is taken from Genesis 41:38 of the Bible, where the Pharaoh of Egypt was inspired to install a man in whom the Spirit of God dwells, to save his country from destruction as a result of a seven-year famine that Joseph, son of

Jacob, warned about.

The second guideline is from Exodus 18:21, where Jethro was telling his sonin-law Moses about who he should install as leaders of the people. Jethro told Moses he must chose the people who are capable, “men who fear God, trustworthy men who hate dishonest gain.”

The third guideline comes from Mark 10:43-44, where Jesus Christ, our God and Savior, was telling John and James, the sons of Zebedee, what a leader should do, according to the will of the Father. Jesus said: “… whoever wants to become great among you must be your servant, and whoever wants to be first must be slave of all…”

-ooo WATCH “ANG TANGING DAAN”, “KAKAMPI MO ANG BATAS”, AT FB LIVE: Please watch “Ang Tanging

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.

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.

Expansive... from page 5

Means Committee approved in principle to tackle the bill as a whole package and Finance officials are confident that it will be approved by July.

Dominguez stressed that the agency “will support government’s ambitious i n f r a pro g r am w it hout e nd ange r i ng ou r f is c a l sustainability.”

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 File No. 2017-148 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-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.

(Sgd.) ATTY. MARCELINO D. NATIVIDAD, JR.

Clerk of Court-VI BWM: Apr 12, 19 & 26, 2017

”In order to achieve our infrastructure goals, our fiscal policy needs to be expansive. While we may accept a certain level of deficits, those must be properly managed,” he said.

D om i n g u e z p oi nt e d out that “a robust revenue stream will ensure that public borrowing will not CAGAYAN MAIN BRANCH spiral outDEofORO control.”

P & J Lim Bldg., Tiano Brothers ”ThisKalambagohan is the reason the Sts., Tel. # (08822) 727-829 *reform comprehensive tax Telefax # (088) 856-1947 package must be passed.

CAMIGUIN BRANCH It will enable government B. Aranas St., Poblacion, Mambajao, to stimulate economy Camiguin Tel. # the (088) 387-0491 withoutCORRALES sacrificing fiscal BRANCH prudence,” said.

Corrales Ave.,he Cagayan de Oro City Dominguez also urged DIVISORIA BRANCH DOF employees to have “a Atty. Erasmo B. Damasing Bldg., #61 Don A. Velezdegree St., Cagayanof de audacity” Oro City certain Tel. # (088) 857-3631 to be able to achieve its goals. LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City ”If we able to achieve Tel.are # (088) 231-6739 a breakout, a shift to a higher CARMEN BRANCH plane of economic Vamenta Blvd., Cagayan de growth, Oro City # (088) 231-2011 the DOFTel.should have played

FOR THE PROVINCIAL EX-OFFICIO SHERIFF:

BWM: Apr 12, 19 & 26, 2017

(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IV

a truly revolutionary role.

We will help redefine what government can do. We will help liberate millions from

poverty. We will shift our economy so that it becomes truly inclusive,” he added.

(PNA)

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

Republic of the Philippines Local Civil Registry Office Province : LANAO DEL NORTE City/Municipality : LINAMON NOTICE FOR PUBLICATION In compliance with Section 7 of R.A. Act. No.10172/RA 9048, a notice is hereby served to the public that JOSEPHINE CABARONCABUNTAGON has filed with this Office a petition for CHANGE OF BIRTH DATE from SEPTEMBER 30, 1961 to AUGUST 30, 1961 and petition for Change of First Name) from MARIA JOSEPHINE to JOSEPHINE in the Birth Certificate of MARIA JOSEPHINE CABARON who was born on SEPTEMBER 30, 1961 at LARAPAN, LINAMON,LANAO DEL NORTE whose parents are JESUS B. CABARON and ANASTACIA REYES. Any person adversely affected by said petition may file his written opposition with this Office not later than _________________.

(SGD.) EDENITA R. MACAS

Municipal Civil Registrar BWM: Apr 26 & May 3, 2017 Republic of the Philippines SUPREME COURT 10th Judicial Region REGIONAL TRIAL COURT OF MISAMIS ORIENTAL Cagayan de Oro City OFFICE OF THE EXECUTIVE JUDGE NOTICE OF HEARING Notice is hereby given that a summary hearing on the petitions for Notarial Commission of the following Notaries Public shall be held on May 4, 2017 at 2:00 in the afternoon at the Office of the Executive Judge. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing

1. ATTY. ERNEL C. CONDEZA 2. ATTY. IAN SOL C. LLEGO 3. ATTY. MEYNARD EUGENIO C. YLAGAN Let a copy of this notice be published once in a newspaper of general circulation prior to the hearing, per A.M. No. 03-8-02-SC, at the expense of the petitioner/ s.

Given this 24th day of April 2017 at Cagayan de Oro City, Philippines.

BWM: Apr 26 , 2017

(Sgd.) DENNIS Z. ALCANTAR Executive Judge

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Incentive... from page 1

private sector in the BIMP area.

“Currently, we don’t have any incentive package for BIMP-EAGA investments.

With this, we hope to entice and increase flow of capital into the sub-region,” Miral said He added that BIMPEAGA is looking at granting income tax holiday, lower tax rates, and other fiscal and non-fiscal incentives to investors.

He said that in the BIMPEAGA Vision 2025 blueprint, the East ASEAN countries have USD24.4-billion worth of infrastructure projects -- developing roads, ports, airports, and economic corridors which the private sector can participate.

Philippine-based Asian Marine Transportation Corp. will service the new shipping route in the BIMP-EAGA, the Davao City-General SantosBitung.

To date, three companies had committed to use the new Philippines-Indonesia route, Miral said.

This roll-on roll-off (RoRo) ser vice will be launched on April 30 by President Rodrigo Duterte and Indonesian President Joko Widodo, following the 30th ASEAN Summit and Related Meetings from April 26 to 29.

The sub-region will also hold the 12th BIMP-EAGA Summit on Friday in Manila.

MinDA is the country’s lead agency to the BIMPEAGA. (PNA)

Peza... from page 1

now be actively involved in the creation of new economic zones. Thus, revolutionizing PEZA with the goal of industrializing the Philippines by building industrial cities with the development of economic zones in every province and city,” Plaza said in a separate statement.

Roads... from page 1

approval of the Philippine Rural Development Project (PRDP) road network project as he pinned his hopes implementation will be finally realized this year.

Meticulous requirements by t he World B an k to prospective contractors has caused the delay in the realization of the project prompting Plaza and 11 other governors whose provinces are also beneficiaries of the PRDP infrastructure projects to ask WB officials to loosen up a bit on their policies.

The road concreting project will be implemented into two packages starting with package 2 costing P215 million and package 3 costing P199 million connecting the villages of Bugac and Marcelina in Bayugan City and Mahapag and San Vicente in San Luis town.

Und e r t he PR DP agreement, the provincial government will shoulder 10 percent, the national

government another 10 percent while the World Bank will release the remaining 80 percent of the total project cost through a loan grant.

Plaza said the provincial government will also benefit f rom t he projec t since maintenance funds will be much lesser from the present graveled roads which becomes dilapidated during rainy season making it hard for farmers to bring their farm products to the town centers.

The provincial government will be pushing for another concrete road network project from PRDP funds that will connect the remote village of Borbon in San Francisco town towards the highway progressive village of Del Monte in Talacogon town.

The governor has emphasized that residents of the communities that will benefit the project have a big stake in helping the concrete well maintained by preventing overloaded trucks carrying planted wood products. “ We want the support of the people to police their ranks against erring truck owners so that the life span of the cemented road will be much longer,” Plaza said.

Lanao Sur I, II and Marawi City.

G overnor Hataman encouraged the teachers and local government units to meet for the activation of local school boards. He added that the local school boards could help them resolve the issues of DepEd with immediate response.

Alfhadar Pajiji, DepEdARMM’s assistant secretary for special projects, said they recognize the essential role of the local school boards in the advancement of the welfare of public schools in the region.

Haroun Alrashid Lucman Jr., regional vice governor and concurrent DSWDARMM secretary, reiterated that 4Ps is managed by the DSWD central office. “Hindi na po DSWD-ARMM ang may control sa payout kung hindi ang central office,” Vice Governor Lucman said.

The first Social Development Summit in the region this year was held in Basilan province last month.

Similar summits will be held in three other provinces of the region, namely Maguindanao, Sulu and Tawi-Tawi in the coming months. (BPI/PIA10)

from page 2

from page 3

Dialogue...

and productive Maranaos,” Dr. Minalang added. Other issues and concerns raised were the lack of school buildings, te acher’s app oint ments and promotions, Pantawid Pamilyang Pilipino Program (4Ps) payout, and PAMANA projects.

On education issues, the regional government noted it is still working at generating an accurate data about the education sector.

The province of Lanao del Sur is composed of three schools divisions, namely

Funding...

expenditure program for the year that will finance d at a - re l at e d e x p e n s e s , including deployment of LTE mobile, LTE @ Home, increased network capacities and coverage, and modernization of fixed line data infrastructure for corporates, and transmission facilities.

The proposed capex is lower than the $772 million spent last year, but Globe has pledged to expand its network to maintain its growth trajectory amid an

Republic of the Philippines 10th Judicial Region REGIONAL TRIAL COURT Branch 19 Cagayan de Oro City IN THE MATTER OF PETITION FOR ADOPTION OF MINORS, JOHN DAVE DELGADO AND MAE VON DELGADO,

SP-FMY-2017--081

SPS. DANIEL MCGINNIS- AND IRA ACAIN MCGINNIS,

Petitioners. x- - - - - - - - - - - - - - - - - - -/ ORDER Finding the Petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the Initial Hearing thereof be set on July 3, 2017 at 9:00 o’clock in the morning before this Court which is temporarily located at the City Tourism Hall, Cagayan de Oro City. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this Petition.

At the expense of the Petitioners, let this Order be published once a week for three (3). successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental.

In consonance with R.A. 8552 vis-à-vis A.M. No.02-6-02-SC, the Court Social Worker is hereby directed to conduct a Home Study Report on the adopting parents and a Child Study Report on the adoptee. She is also directed to conduct counseling sessions with the adopting and biological parents. The said report shall be submitted to this Court within SIXTY (60) days from receipt of this Order.

Petitioner is likewise ordered to have all documentary evidence including their Judicial Affidavits along with those of their witnesses which shall be pre-- marked before the Branch Clerk of Court to establish compliance with jurisdictional requirements on June 23, 2017 at 2:00 o’clock in the afternoon.

In consonance with A.M.12-8-8-SC (Judicial Affidavit Rule) vis-a-vis OCA Circular No:106-2012, Petitioners are hereby directed to submit their judicial affidavits at least five (5) days before the initial hearing, copy furnished the Public Prosecutor and the Office of the Solicitor General (OSG).

IT IS SO ORDERED. Done this 12th day- of April, 2017 in the City of Cagayan de Oro, Philippines.

(Sgd.) EVELYN GAMOTIN NERY

Presiding Judge BWM: Apr 26, May 3 & 10, 2017

increasingly competitive market environment.

Globe is deploying around 1,800 LTE 700 sites and 1,000 LTE 2600 sites this year. It will also add 1,800 LTE 1800 sites “in order to boost LTE capacity and coverage.”

The company’s net income slid 4% to P15.88 billion in 2016 from the P16.484 billion recorded in 2015, amid a general slowdown in traditional legacy business and non-operating charges related to its acquisition of S a n M i g u e l C or p.’s telecommunications assets.

Core net income, which excludes foreign exchange, mark-to-market gains and losses, and non-recurring items, rose to P16.014 billion for 2016, from P15.126 billion in the previous year, as consolidated service revenues reached an all-time high.

Hurst... from page 4

you can and then do a little more: don’t worry about it!

Because as long as you’re living Jesus’ way in a daily personal relationship with Him, you know for sure you’ve got nothing to worry about.

But if today you’re not ready to die and face your Maker, you’ve got everything to worry about! So right now won’t you ask Jesus to forgive you for your past wrongs and living your own way. Then ask Him to take complete charge of your heart and lifestyle from this day on. That’s the only way you can start living His way all the time and be absolutely sure you have nothing to worry about. Just Think a Minute…

Doring... from page 4

reportedly decided at the end of March to carry out an analysis of the required technical skills. The results will be presented this summer to the Federal Security Council, which meets behind closed doors.

Potential cyber attacks on Germany’s upcoming parliamentary elections in September have been a topic of discussion since autumn 2016, particularly in light of claims by US intelligence agencies that Russian attackers inf luence d Novemb er’s presidential election.

Volker Kauder, a leading member of Merkel’s Christian Democratic Union, said in an interview that “he is not scared.” He points out that Germany, unlike the United States, does not use electronic voting machines with an internet connection.

Hans-G eorg Maass en, head of the Federal Office for the Protection of the Constitution, Germany’s domestic intelligence agency, re p or t s , h owe ve r, t h at evidence of an influence on parliament has grown since Germany took a hard line on sanctions in the Ukraine conflict.

Modern technology - boon or bane? +++ Email: doringklaus@gmail. com or follow me in Facebook, Twitter or Linkedin or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

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

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(Sgd.) EFREN G. MAABAYA Sheriff IV

EXTRA J UDICIAL SETTLEMENT OF THE ESTATE OF SIONY B. ANOR Notice is hereby given that the intestate of the deceased Siony B. Anor who died on November 08, 2016 in Naawan, Misamis Oriental; That the deceased, Siony B. Anor left real property, thus; Tax Dec. No. 0008-00039, situated in Patag, Naawan, containing an area of 100 SQM. Res. land ; 0008-00040, situated in Patag Naawan; containing an area 3.5 ha. Agr’l land; 000800005, situated in Patag Naawan; containing an area of 875 SQM. Res. Land; 0008-00449, situated in Patag Naawan;Building (Family Home); 0001-00554; situated in Laguindingan; containing an area of 194 SQM. Res. Land; 0007-00488, situated in Mat-1, Naawan; containing an area of 1.7 ha. Agr’l land. THE HEIRS OF THE LATE SIONY B. ANOR is the subject of EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF SIONY B. ANOR; is made and executed by and among PEDRO L. ANOR, of lawful age, widower and resident of Naawan, Misamis Or., Philippines, hereafter called the Surviving Spouse/Father; and KERSTIN B. ANOR, KIRK DUAINE B. ANOR, JANICE B. ANOR and JAMES FULTON B. ANOR, all of whom are of legal age, Filipinos, single, and residents of Naawan, Misamis Or., That the parties hereto, being all of lawful age and with full civil capacity to enter into contracts, have agreed to adjudicate the foregoing estate, thus; The balances of money in BDO Iligan Branch and in BPI Cagayan de Oro Branch shall be withdrawn by PEDRO L. ANOR for deposit in the name of the estete of Siony B. Anor in FICCO Naawan Branch; The Isuzu Utility Vehicle, with LTO Plate Nr. YHE 230 shall go to the Surviving Spouse/ Father Atty. Pedro L. Anor; and All parcels of land and building heretofore mentioned shall go to KIRSTEN B. ANOR, KIRK DUAINE B. ANOR, JANICE B. ANOR and JAMES FULTON B. ANOR in equal shares and co-ownership pro indiviso – the Surviving Spouse’ economic situations permit him to voluntarily waive his rights and interest therein.Under Notary Public of ATTY. IKE L. ROA; As per Doc. No. 345; Page No. 69; Book No. 06; Series of 2017.

BWM: Apr. 26, May3 & 10, 2017

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