BusinessWeek Mindanao (April 8, 2016)

BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 121

Market Indicators As of 5:10 pm april 7, 2016 (thursday)

FOREX

PHISIX

US$1 = P46.10

7,232.97

10

X X Briefly

cents

52.42 points

Local crisis body KINOGUITAN, Misamis Oriental --Provincial Governor Yevgeny Vincente Emano of Misamis Oriental has reactivated the province’s local crisis committee to work for the possible release of a police officer assigned in the provincial command.

Emano took a break from a hectic campaign schedule to visit this town where SPO4 Rene Rombo, 42, was seized in a check point set up by the communist New People’s Army (NPA) last Sunday morning.

He said that he would not hesitate to leave the campaign trail to devote some time to secure the release of Rombo.“The life of any single individual should take priority over anything else,” Emano said.

Biz industry survey BUTUAN City -- The Philippine Statistics Authority (PSA) Regional Statistical Services Office XIII (Caraga) will be conducting the 2015 Annual Survey of Philippine Business and Industry (ASPBI) and its rider survey, the 2015 Survey on Information and Communication Technology (SICT).

The 2015 ASPBI aims to collect and generate information on the levels, structure, performance and trends of economic activities of the formal sector in the entire country while the 2015 SICT will generate information on the availability, distribution and access/utilization of ICT among establishments.

Specifically, the 2015 ASPBI aims to collect and generate detailed information on employment, income, expense, inventories, tangible fixed assets, intangible assets and total assets of the establishments; generate indicators such as value added, labor productivity, average compensation and others necessary to evaluate the performance of industries at the national and regional levels; generate MSME (micro, small and medium establishments/ enterprises) data using total employment; and gather information for the improvement of the list of establishments and enterprises.

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Coal plant assures full capacity during polls www.businessweekmindanao.com

Friday | April 8, 2016

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By MARK FRANCISCO, Staff Writer

ILLANUEVA, Misamis Oriental – Mindanao’s biggest coal-fired power plant has expressed commitment to help ensure a steady and sufficient power supply for the coming presidential election in May this year.

STEAG State Power Inc. control room. The coal-fired power plant assured the public of full and steady supply comes presidential election in May 2016. (BWM File Photo)

In a statement, STEAG State Power Inc. (SPI) said its customers are assured of its full capacity a month ahead of the May 2016 local and national elections.

SPI President and CEO

Dr. Bodo Goerlich said SPI had already taken steps to ensure uninterrupted power generation during the summer season and most especially throughout the May 2016 elections.

Johndorf Ventures kicks off Montierra

JOHNDORF Ventures Corp.

(JVC) will kick-off today (April 8) the pre-selling of its new project in Cagayan de Oro City, a subdivision of Asian-themed townhouses for economic and middle-class families named Montierra.

Initial prospective homeowners will join the brokers and their agents when the company unveils the project located in upper Balulang in a gathering this morning at Mallberry Suites in Limketkai.

“We are overwhelmed by the response of the market since we introduced Montierra to our accredited sellers three weeks ago,” quipped Michele Chiu - Bacungan, JVC sales and marketing manager.

She expressed confidence that Montierra will “sell like hotcakes” as the company experienced with Portville Davao in southern Mindanao as well as Portville Mactan, Portville Prime, Astana and Navona in Cebu.

Bacungan said the ability of the company to develop and constr uc t 2-store y townhouses faster than usual allows the early turnover of the housing units that also yields earlier returns to the brokers and agents.

Jo h n d or f d e v e l op e d after 30 years of building montierra/PAGE 7

“We have already taken the necessary steps to ensure that our power plants are optimally available during the period” Dr. Goerlich said.

Dr. Goerlich said SPI had successfully carried out and completed all its preventive m ai nt e n an c e a c t i v it i e s during the first quarter of the year in preparation for the anticipated tighter Mindanao power supply during the summer months.

SPI’s reaffirmation of commitment came in the capacity/PAGE 7

ERC moves enforcement of mandatory open access

PADLOCKED. The Bureau of Internal Revenue in Cagayan de Oro City padlocked yesterday another establishment for tax deficiency. PHOTO BY GERRY LEE GORIT

GENER AL Santos Cit y -- The Energy Regulatory Commission moved the implementation of mandatory open access for contestable customers to Dec. 27, due to the delay in the release of the implementing rules and regulations.

“We said mandatory by June, because of the delay in the finalization of rules, to be fair, rules of contestability, definitely 1,000 kilowatts will still be voluntary until December 26, 2016,” ERC mandatory/PAGE 7

Toyota-Cag de Oro unveils all-new 2016 Fortuner

By MARK FRANCISCO, Lifestyle Editor

THE all-new 2016 Fortuner is now available at Toyota Cagayan de Oro. It’s instantly clear that the Fortuner is well suited to any environment. Its body looks tough and durable.

Eig hte en-inch a l loy wheels for VXR and 17inch alloy wheels for EXR and GXR models lift the SUV high above the road and a chrome grille between

bold headlamps add to its confident personality.

Standard-fit side steps, roof rails and front fog lights are all practical details that make journeys more convenient.

They’re found alongside a chrome exhaust tip, chrome door handles and bodycolored door mirrors.

Resilience is also a trait of the cabin where robust fortuner/PAGE 7

FORTUNER. The 2016 all-new Fortuner was recently launched at the Toyota-Cagayan de Oro City branch.

Leading the unveiling of the model are (from left) Toyota Financial Services Mindanao team head Bennie Amboayan, provincial sales head Jaime dela Cruz Jr. and Toyota Cagayan de Oro SVP Dr. Johnny Lu. PHOTO BY MARK FRANCISCO

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E conomy 2 conducts Transport workers uphold DOLE wage, productivity, bipartite cooperation employment confab T 2013 ppi’S Best in Business and Economic Reporting

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HE National Conciliation and Mediation Board (NCMB) of Region 10 facilitated the orientation on t he c on c e pt an d pr i n c ip l e s of L ab or Management Cooperation (LMC) Program and its committee structure on

February 22-24, 2016 in Cagayan de Oro City.

The three-day Leadership Skills Training for all officers of Mindanao Alliance of Land Transport and General Workers Union (MALTU) had a total of 62 participants.

M ALT U, b e i ng an

advocate of Industrial Peace for all workers of Yans on Group of Companies uphold LMC as extremely important in the transport industry.

Jose B, Ares, administrator of MALTU stressed out that all local unions and af f iliates

aim for Industrial Peace, Teamwork and Productivity which means, MALTU members are responsible leaders committed to perform the work of the company and to the community in general. (Junaliza Aragon/ NCMB10)

Gov. Emano creates task force to secure release of SPO4 Rombo Kinoguitan, Misamis Oriental - Misamis Oriental Gov. Bambi Emano took time out from his hectic campaig n s chedule to work out for the release of SPO4 Rene Rombo who was abducted by armed men the other day, by creating a crisis committee with the Philippine Ecumenical Peace Platform as facilitator of the said group.

The Governor chairs the said crisis committee himself with the following as members: Sangguninag Pan l a l aw igan memb er He cke r t Ju d e E m ano ; Provincial Administrator Atty. Jocelyn Lood-Mateo; Provincial disaster Risk Reduction and Management Office Head Fernando Vincent Dy; Provincial Legal Officer Atty. Cecilia Faelnar and MisOrCares Provincial Coordinator Marden Ocot.

Also named as adviser of the group is Bishop Fe l i x b e r t o C a l a n g o f the Iglesia Filipina Independiente; while the Philippine Ecumenical Peace Forum was named as its facilitator.

PDRRMO Head and crisis committee member Fernando D y, Jr., was also named as the group's spokesman.

Immediately after the incident occurred, several appeal reached the office of the Governor from concerned individuals including the wife of SPO4 Rombo.

Most of the appeals asked the Governor to use his peace formula that won the release of previous victims taken by armed men including that of a soldier who was release in time for Christmas.

"The committee will coordinate with all parties involved and shall exercise all actions within the bounce bounce allowed by law," Gov. Emano said.

The G over nor w ho is in this town as part of his campaign tour for his reelection bid said he will soon convene the said committee and will invite invite guests and resource persons including members of the family of SPO4 Rombo.

"I appreciate the initial action of the group alleged to be responsible for the abduction for the immediate release of another policeman who has a serious medical case for humanitarian reason. This is a good point to start," Gov. Emano added.

Even while he has his hands full with matters relative to his reelection

bid, the Governor declares that he will not hesitate to leave the campaign trail to devote some time to secure the release of SPO4 Rombo.

"Life of even just one single person is a very important matter that should take priority over anything else," Gov. Emano concluded. (PIOMisOr/jv)

OZAMIZ City -- The Regional Conciliation and Mediation Branch 10 in coordination with the Department of Labor and Employment 10 and Regional Tripartite Wages and Productivity Board 10 (RT WPB 10) jointly conducted a one-day seminar on Wage, Pro du c t iv it y and Employment forum, P r o d u c t i v i t y To o l b o x Launching (Engage Motivate Achieve) and Labor Management Cooperation (LMC) Orientation held in Ozamiz City, Misamis Occidental on 4 March 2016.

The program started w it h t h e l au n ch i ng of Engage Motivate Achieve which means Empowering Workers and Sustaining Enterprises. The program helps the enterprises achieve competitiveness and harmony in the workplace.

EMA consists of a list of productivity and workplace relations training programs

and technical assistance.

RTWPB 10 Odette Leh V. Caragos, supervising LEO of RTWPB 10 discussed the following Wage Order No. R X - 1 8 ; R A 1 0 3 6 1 : Batas Kasambahay Law ; Productivity Based Incentive Scheme; and Productivity and Innovation Programs.

NCMB RB 10 senior LEO Junaliza S. Aragon facilitated the orientation of Workplace Cooperation and Partnership otherwise known as Labor Management Cooperation or LMC as a tool of enhancing harmonious relationship in the plant level. LMC is a state of relations where workers and management work handin-hand to accomplish as certain goals using mutually acceptable means. It is also the outcome of a continuing process of enhancing mutual trust and respect through information sharing, consultation, discussion and dole/PAGE 7

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EDC says plants unaffected by Mt. Apo fire

E

N E R G Y DEVELOPMENT C or p. (ED C) has said that its geothermal plants in Mt. Apo were operating normally and remain unaffected by the fire going on in the area.

In a disclosure to the stock exchange, the Lopezled company said the fire was around 7 kilometers from its

geothermal business facility’s perimeter.

“Our forest protection rangers have the skills, equipment and training for this type of event,” said James Arnold D. Villaroman, EDC’s business unit head, noting that the forest fire is the third reported incident in Mt. Apo in the past 20 years.

He added that the company

PLDT HOME bags award in CIO Asia PLDT HOME, the home digital ser vices unit of telecoms leader PLDT, was recognized for leadership in the recent CIO Asia Awards for digital innovation in Asia through its pioneering data sharing initiative in partnership with Smart Communications (Smart).

PLDT HOME won in the Leadership category and is one of only five companies in the region included in the Roll of Honour list at the 15th

Annual CIO Asia Awards .

The CIO Asia Awards is an annual listing of the top Asian companies that have deployed information and communications technology to derive the highest strategic value and to yield the greatest returns for their key operations and businesses. It is organized by CIO Asia, a leading resource for IT and digital developments in the region. pldt/PAGE 6

Puregold targets to open 75 Lawson stores this year LOCAL RETAILER Puregold Price Club, Inc. earmarked P450 million to put up 75 convenience stores this year under its partnership with Japan’s Lawson, Inc., and targets to have 500 stores by 2020 despite intensifying local competition.

The joint venture is fo cusing on expanding L a w s o n’s p r e s e n c e i n central business districts to target employees from business process outsourcing companies. Last year, 16 Lawson stores located near schools in Metro Manila were opened.

“We look to break even by 2018, when we reach 300 stores,” Puregold Investor Relations Officer John T. Hao told reporters after the opening of the flagship Lawson store at Tower 6789 in Makati City on Tuesday.

The new venture will contribute “less than 5% of Puregold’s total revenue” by then.

“Fo r c ap e x ( c apit a l expenditure), we’re looking at around P5 million per store. Puregold budgeted P450 million for 75 Lawson stores this year,” Mr. Hao added.

Lawson is competing with the Paternos’ 7-Eleven; the Villar family’s homegrown brand All Day; FamilyMart of Ayala Land, Inc. and SSI Group, Inc.; and Alfamart, a tie-up between the SM group and one of Indonesia’ biggest mini-market operators.

Lawson President and Chief Executive Officer Gen Tamatsuka said franchising is the “key” to accelerating expansion in the Philippines.

“As soon as we have the confidence, we will pursue

the franchise model that is suitable for this country...

S ometime this year. In two to three years, we will accelerate the development of the franchise model,” he said in the same venue.

Mr. Tamatsuka noted that 99% of Lawson’s 12,000 stores in Japan are franchised, and expects half of stores in the Philippines to also be under franchisers.

“Within five to 10 years, the number of stores we operate overseas will clearly exceed the number of stores operating in Japan,” he said, adding that 10%-20% of the group’s store portfolio will be coming from the Philippines by then.

At present, Lawson stores in the Philippines currently offers fastfood or bento box meals, beverages, ice cream, snacks and daily necessities. “ We w i l l c o n s i d e r [exclusive] brands that are available only at the store when we reach a certain volume... We will execute that differentiation strategy,” Mr. Tamatsuka said.

Last June 2014, Puregold partnered with Lawson, Inc. and Lawson Asia-Pacific, Inc. for its venture into the convenience store business.

The Philippine retailer owns 70% -- while Lawson, 30% -- of PG Lawson, Inc., the j oint venture comp any that will build and operate convenience stores in the country.

The convenience store business allows the Lucio Co-led company to expand its retail formats that include membership shopping club through S&R, as well as hypermarkets, supermarkets and discounters.

was “keenly aware of the fire risks at Mt. Apo when there is drought.” The Philippines is suffering from an extended dry spell brought about by the El Niño phenomenon, which is expected to peak around this time and extend towards mid-year.

Based on data from the Department of Energ y, publicly listed EDC has a “flash type steam recovery” geothermal plant in Kidapawan, North Cotabato with an installed capacity 108.5 megawatts (MW) and a dependable capacity

of 98 MW. The plant’s two units started commercial operations in December 1996.

“Having planted over 2.5 million trees that we wish to nurture and protect, we proactively created layer upon layer upon layer of fire breaks in the forest just for this precise risk.

Some of our fire breaks are over 20 meters wide, way over global recommended practice. Protecting our asset is something we take very seriously,” Mr. Villaroman said.

The company said as of

press time, the fire on the side of Davao del Sur “persists and is headed away from EDC’s facilities.” It added that it was closely monitoring the fire.

EDC said its emergency response team and fire fighting systems “are in place and ready to take action in cooperation with local emergency services if it becomes necessary.”

“EDC forest patrols and aides together with the local government units of Kidapawan, Makilala and Magpet (also in Cotabato)

and volunteers are still on alert. In the meantime that the risk is diminishing, they are widening and extending t h e f i re l i n e s n e ar t h e reforestation block of EDC as a risk mitigating measure,” it said.

It added that in addition to the efforts at the EDC reforestation area near the Mt. Apo peak, the company also deployed members of its emergency preparedness and disaster response unit to assist the groups handling the containment of the forest fire.

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Talking to the Dead Think a minute…A cemetery in Indiana, America has a gravestone with these words on it: “Stop stranger, when you pass me by. As you are now, so once was I. As I am now, so you will be. So prepare to die, and follow me!” A person walking by added these words underneath: “ To follow you I’m not content, until I know which way you went!” Do you sometimes wonder where your family and friends who’ve died are now? Do they want you to come where they are? Don’t you wish they could talk to you? Where are all those people now who suddenly died in the World Trade Center in New York City on September 11, 2001?

Jesus Christ made it very clear that we already know where we’re going after we die, since it’s only now that we can choose where we’ll live after we die. He warns us that it will be too late after we die to choose or change our mind. Jesus said there are only two choices: to completely believe Him and live His way everyday, or, to keep living our own way. Heaven or hell. Jesus said there’s no in-between place for nice, good people who won’t ask for His gift

THINK

A Minute

Jhan Tiafau Hurst of forgiveness and live for Him every day. None of us is perfect. We’ve all done some things wrong that we need Jesus to forgive us for and start changing in our character and way of living.

So we don’t need to talk to the dead to find out about life after death. Jesus Christ has already told us the truth and ever ything we need to know to go where we want to live after we die— together with Him and His true family in heaven. So for your own peace of mind and safety, won’t you ask Jesus to forgive you for living your own way before it’s too late?

Then ask Him to take full charge of your heart and help you start living His way every day, for the rest of your life. Just Think a Minute…

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The Next President Might Predict Only 40% of the Country’s Boom There is a reason to fear the outcome. This relates to the question of how much a country’s president can contribute to the tottering fence—if this aptly describes this society.

Management experts consider that whoever takes the baton of leadership after the May 9 elections, he or she has a great hurdle like other predecessors—keeping up with structures and systems that hardly works.

But why in the world would presidents put up with centralization of governance w it h a l l it s m in ions — centralized corruption, centralized injustice, centralized incompetence, centralized control for selfpreservation, to name a few?

The reason is clear: the power-mad relishes the latest version of “divide and conquer” used by the Spanish colonizers in the past which is now “stupefy and conquer.”

They are master “craftsmen”

who appear like Lee Kuan Yew or Nelson Mandela in their campaign tours; but their plan has been laid out well to manage appearances, they are Svengalis who influence the naïve towards a litany of ills. They use their influence to fulfill what a TV propaganda quoted in awakening voters: “kapag may mahirap, masaya kasi ang mahirap ang naglagay sa akin sa pwesto…”

Put a power-mad master “craftsman” in the presidency and expect a successful bloating of egos at the expense of our countrymen they freely exploit. Another option: you can also put a real leader who rose with outstanding qualities that Joey Ayala would never sing again “wala nang tao sa Sta. Filomena” or other songs related to what was dubbed as “Nicaragdao.” The choice is yours.

With Rodrigo Duterte’s penchant for society’s boom,

I do not doubt his federalism vision will give the right structure and systems to repair the “tottering fence.”

With federalism, the country shifts from centralized corruption into decentralized accountability ; from centralized injustice into decentralized administration of justice—or true social and economic justice; from centralized incompetence into entrepreneurial unicorns like Uber taxi and Mang Inasal (referring to how local regimes evolve similar pursuits); from centralized control into future-oriented strategic control.

This is why federalism accounts for 60% of the country’s chance to trek upward.

And what about the other 40%? This comes from the leadership factor: we need a leader who has proven his accomplishments with a modest lifestyle. We need a leader who unites the diverse

lucell larawan cultures of our multi-island milieu. We need one who exercises legitimate control to make obedience of the law not anymore almost optional.

Just a note: the next leader will only explain 40% of winning. We cannot ignore the other 60%.

(Note: this article is done freely without the prompting or influence of certain political entities. It has been the author’s habit to articulate his sentiments without any strings.)

Money laundering & greenhorns in Aquino gov’t LIFE’S INSPIRATIONS: “…

Youths oppress my people, women rule over them. My people, your guides lead you astray; they turn you from the path…” (Isaiah 3:22, the Holy Bible).

-ooo SHOCKING AMLC DECISION ON US $81 M LAUNDERED MONEY: Does the Anti-Money Laundering Council (AMLC) have the right to simply return to Bangladesh part of the money that had been surrendered for safekeeping to it by casino operator Kim Wong? I am asking this in view of the admission of AMLC chief Julia Bacay Abad that she already signed a document purporting to return the money that Kim Wong turned over to AMLC. The admission, made during the Tuesday Senate inquiry on the theft of some

US $81 million Bangladeshi money from the US Federal Reserve Bank in New York early February 2016, sent shockwaves to many lawyers, particularly Kim Wong’s lawyer, Inocencio Ferrer Jr., and Senate Minority Leader Juan Ponce Enrile.

Ferrer and Enrile both pointed to a process to be followed under the AntiMoney Laundering law, which bars immediate return of any money already recovered or which may have been surrendered to the AMLC. Did not Abad and the other AMLC officials know this process? Why were they in a hurry to return the money even if the process prescribed by law had not been followed yet?

-ooo GREENHORNS ABOUND IN THE AQUINO GOVERNMENT: Pardon

me but this is the real problem with most officials of the Aquino government, President Aquino himself included. Many of them seem greenhorns in running the country and their respective agencies, so that even the most basic procedures that would ensure good performance are either unknown to them, or are simply ignored for reasons of their own.

Indeed, the late Sen. Joker P. Arroyo was right when he said that Aquino’s government is a “student council type of government”, run by mere youths who are either inexperienced or totally lacking in discernment required by their sensitive positions. The result is not just lackadaisical performance in governance, but, more seriously, lack of performance at all.

This sorry state of affairs

K akampi

Mo A ng Batas

Atty. Batas Mauricio among our officials was in fact displayed vividly early on under Aquino’s term, when, just after almost a few days after he assumed the presidency, his bumbling approach to a hostage situation at the Luneta, witnessed by the world through instant news reporting, caused the death of a dozen or so Hong Kong citizens. batas/PAGE 6

The quest for quiet in our digital world This is now the veritable big challenge we all have.

With all the noise and frenzy created by our increasingly digital age, we are also slowly but steadily neglecting our need for silence, for reflection, for an abiding spirit of recollection if only to continue to be in touch with our existential foundation who is God. We have to face this challenge squarely. We have to raise the alarm since the situation is getting seriously grave. We cannot anymore take this issue for granted.

What a pity it would be if we are lulled to believing that we are gaining a lot in our life when in fact we are ebbing away to perdition.

The challenge posed by this new digital age is today’s

formulation of the classic challenge articulated in the gospel: “What does it profit a man to gain the whole world and forfeit his life?”

(Mk 8,36) We should always be most aware of this divine admonition.

The digital culture is notorious for giving us the sensation of immediate response to relieving some of our needs and instantly satisfying our curiosities and all sorts of whims and caprices.

This is, of course, a relatively positive feature of such culture. But we have to realize also that such phenomenon can also give rise to reflex reactions that are often bereft of good reason, let alone, emptied of the requirements of charity and

truth. We are often pressured to shoot from the hip.

For all the advantages that the digital world gives us, we have to realize keenly that there is a price to pay for that, and, in fact, it is quite a stiff price! We should be willing to pay the price.

We should not be easily beguiled by its apparent facility and gratuitousness or its costless feature. It actually requires a lot from us. It demands nothing less than a high level of capacity to discern, to organize things, to observe the proper order of things, etc. In short, it is a new level of human and Christian maturity. The price to pay is to develop a higher level of discipline fit for the peculiarities of the digital age.

HINTS

and

Traces

Fr. Roy Cimagala I have always maintained that these new technologies are good for the strong and mature people, and extremely bad for the weak, ignorant and confused. I admit that that view can be considered simplistic, since life has mysteries that can preempt cimagala/PAGE 6

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Banking&Finance

PH inflation rate rose to 1.1% in March ‘16

T

H E P h i l i p p i n e s’ inflation rate rose to 1.1 percent in March 2016 from 0.9 percent the previous month, but the Bangko Sentral ng Pilipinas (BSP) is not worried, saying this is within expectations.

In a text message to reporters Tuesday, BSP Governor Amando Tetangco Jr. said monetary officials earlier expected inflation rate to stay between 0.6 and 1.4 percent last March.

“This is also consistent

with our latest runs showing that over the policy horizon, inflation will slowly move up to within target (levels),” he said, referring to the government’s 3-5 percent target for 2016-18.

Last March’s inflation rate was lower than year-ago’s 2.4 percent and brought the first quarter’s average to 1.1 percent.

Inflation has been below target since May last year when it fell to 1.6 percent from the previous month’s 2.2 percent

due to low oil prices.

Monetary officials and analysts alike project inflation to go up to within target levels in the second half of this year, given the expected normalization of oil prices and impact of the dry spell on agricultural products among others.

Tetangco said monetary officials saw inflation this year to average at the low end of the government’s target.

“We will continue to monitor developments,” he

said.

The central bank chief also said that amidst the uptick in domestic inflation rate, there still no need to adjust the BSP’s policy stance since it remained appropriate.

“Right now we see no urgent need to change the policy stance,” he added.

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Koronadal rural bank urged to settle their obligations THE Philippine Deposit Insurance Corp. (PDIC), the Receiver of the closed Koronadal Rural Bank (South Cotabato), Inc., reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives.

Koronadal Rural Bank was placed under the receivership of the PDIC by virtue of Monetary Board Resolution No. 428 dated March 10, 2016.

In a statement, PDIC

advised borrowers of Koronadal Rural Bank to pay their loans and other obligations directly at any Philippine National Bank (PNB) Branch under account name, PDIC FAO BURL – KORONADAL RURAL BANK (SOUTH COTABATO). PDIC emphasized that it has not engaged any person, agent or agency to collect the loan payments for and in behalf of the bank. settle/PAGE 6

Climate change may threaten $2.5 trillion in financial assets

PARIS - Trillions of dollars’ worth of financial assets may be under threat from global warming’s effects by 2100, climate economists warned on Monday.

If w ar m i ng re a c h e s 2.5 degrees Celsius (4.5 degrees Fahrenheit) over pre-Industrial Revolution levels by 2100, investments worth some $2.5 trillion (2.2 trillion euros) may be in danger, a team reported.

This was equal to half the current estimated stock

market value of fossil-fuel companies.

But even if the 2 C warming agreed by the world’s nations in Paris last December is achieved, the value of assets at risk would be $1.7 trillion, they wrote in the journal Nature Climate Change.

C limate change c an dest roy ass ets dire c t ly through sea-level rise for example, by depreciating their value, or by disrupting economic activities lower

down the chain through drought or freak storms.

A lot of research has focused on the oil, coal and gas investments that will be lost if the world turns its back on fossil fuels in favor of sustainable energy in line with the 2 C target.

The new study attempts to break new ground with the first-ever estimate of a direct impact of climate change on the value of financial assets themselves. threaten/PAGE 6

BPI MASTERSON’S AVE. BRANCH. The Officers and Staff of the Bank of the Philippine Islands (BPI) pose before the new branch’s building along Masterson’s Avenue in Upper Balulang, in uptown Cagayan de Oro shortly after its inaugural in December 2015. The BPI-Masterson’s Branch is uptown’s first bank outside of a mall, a response to leapfrogging growth in the area and its need for accessible and essential banking services. Photo by Lina Sagaral Reyes

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PLDT... from page 3

“The PLDT HOME DSL data sharing offer is just the beginning of more game-changing converged innovations from PLDT and Smart. This recognition from CIO Asia fuels our inspiration to raise the bar and continuously break new ground in digital and mobile technology,” PLDT VP and Home Marketing Director Gary Dujali said.

The service is a collaboration between the Business and IT teams of the country’s digital and mobile leaders. It is the Philippines’ first data plan that enables subscribers of Home DSL service to share their data allocation with their family’s Smart-powered mobile phones.

It is offered under the Speedster Fam Plan 1299 which gives PLDT HOME DSL subscribers speeds of up to 10 Mbps and a monthly data allocation of 50 gigabytes. By upgrading their Speedster Plan with a Smart Mobile Plan 399 or Plan 600, subscribers can share up to 6 gigabytes of their monthly allocation to their mobile phone lines which they can use even outside the home.

In its citation, CIO Asia Awards said that PLDT HOME and Smart’s data sharing service is “particularly relevant in the Philippines where large, closelylinked family units are common.”

Also in the Honour Roll in this year’s awards were Singapore’s National Library Board for the Innovation category, Philippines’ Manila Water for Transformation, US’ Avnet Inc. for Growth, and Malaysia’s Fraser & Neave

Holdings Berhad for Performance.

To know more about the PLDT HOME Speedster Fam Plan 1299, log on to pldthome.com

Batas... from page 4

-ooo WHY ARE SUFFERING LIKE THIS? What have the Filipinos done to deserve this dangerous fate? There would be as many answers from as many commentators we have in abundance in this country, but to me, these misfortunes are happening to us because of one single reason: we no longer truly listen to God, and no longer obey His commands.

In the Old Testament Book of Isaiah, particularly under its Chapter 3, it is there written that because people no longer listen to God and no longer obey His commands, and men no longer put their trust in Him but in their fellow mortal beings, He has lined up dark curses and grave punishments for them.

One of these curses is written this way, under Isaiah 3:4: “I will make mere youths their officials; children will rule over them.”

Clearly, being run by people who are childish in their dispositions although they pretend to possess the intelligence of mature men and women, just like our own officials now, is something that God has decreed for those who have turned their backs on Him. It is a misfortune indeed for a people who claim to be Christians.

-ooo PLEASE WATCH OR LISTEN: “Tambalang Batas at Somintac”, a news-commentary radio program, aired at DZEC 1062 kHz and other

Radyo Agila provincial stations, at http://www.eaglebroadcasting.net/ radyoagila and at www.youtube. com (type DZEC Radyo Agila Tambalang Batas at Somintac 1062 Live), 6 to 7 in the morning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

Cimagala...

from page 4 such view.

Yes, I believe that God’s providence never fails to guide the course of world events, and that it has mysterious self-correcting mechanisms to deal with whatever mistakes and blunders we make in this world. We should therefore not worry too much. Still, I believe it is a good basic principle and practical guideline to follow.

Obviously, finer guidelines have to be formulated as we go along and tackle changing situations and new circumstances.

What is clear is that to properly cruise in this often uncharted ocean created by our new technologies, we need to firm up our capacity to pray, to reflect, to be recollected.

And that means a sense to find the silence and quiet needed to be able to discern the spirit behind the rapid flow of images and information, to get in touch with the substance behind the appearances and the noise of it all.

What we are seeing instead are people unfamiliar and even hostile to the need for silence and quiet. They fail to acknowledge the intrinsic truth of the need for silence and reflection in any process of communication

and dialogue. They just react spontaneously, guided only by what they consider to be commonsensical or the whatcomes-naturally syndrome.

We need to raise the cry for this need for silence and quiet. It has to be raised in each individual person, in families, schools, offices, churches, etc.

In this campaign, we have to be always positive and optimistic, highlighting the greater good it gives though it can demand a lot of sacrifice.

We all need time to pray and study. We have to learn and assimilate the relevant moral and ethical principles involved in coping with the challenge of this new digital age. The new intricacies of tact, prudence, charity, for example, as exposed by the current state of how we are dealing with this digital culture, should be brought out to the open for everyone to appreciate, learn and live.

Let’s hope that we can descend from generic reminders and warnings to concrete indications of how to make proper use of the new technologies. With everyone’s effort and cooperation, we can surely make progress in this quest for quiet in our digital world! roycimagala@gmail.com.

Settle...

from page 5 To ensure proper recording of their payments, PDIC further advised borrowers to keep copies of the PNB Deposit/Payment Slips.

The PDIC emphasized that for payments to be valid, it must be supported by a machine-validated PNB Deposit/Payment Slip.

Official receipts will be

issued by PDIC upon validation of payments and will be sent through mail to the borrowers.

For proper accounting of their payments, borrowers who do not receive their official receipts are advised to send a photocopy of their deposit slips by mail to the Deputy Receiver for loans Ms. Ma. Nenita N. Gayla at the PDIC Office, 5th Floor, SSS Bldg., Ayala Avenue corner V.A. Rufino St., Makati City or send via e-mail to Ms. Veronica O. Rolle at vorolle@ pdic.gov.ph and to Ms. Thelma A. Peña at tbarias@pdic.gov.ph.

Borrowers of the bank may also communicate with the PDICLoans Management Department III at (02) 841-4963 or 841-4974.

Queries may also be sent through email at pad@pdic.gov.ph.

Koronadal Rural Bank is a three-unit rural bank with Head Office located at Alunan Avenue, Koronadal City, South Cotabato.

Its two branches are located in Gen. Luna, Digos City, Davao del Sur, and in Sto Niño, Koronadal City, South Cotabato. (PNA)

Threaten...

from page 5 The projections, using mathematical models, were based on an estimated value of $143.3 trillion for global non-bank financial assets in 2013, as determined by the Financial Stability Board watchdog, the team said.

At warming of 2.5 C, they wrote, some 1.8 percent of global financial assets could be at risk.

But this could rise to as much as $24 trillion in worstcase-scenario warming.

Lesser evil

Scientists estimate we are on course for warming of about 4 C or more based on current greenhouse gas emission trends, or about 3 C if nations meet the emissionscurbing pledges they filed to back up the Paris climate agreement.

“When we take into account the financial impacts of efforts to cut emissions, we still find the expected value of financial assets is higher in a world that limits warming to 2 C,” said co-author Simon Dietz of the Grantham Research Institute on Climate Change.

“This means risk-neutral investors would choose to cut emissions, and risk-averse investors would be even more keen to do so.”

Climate change should be an important issue for all long-term investors, such as pension funds, as well as financial regulators, added Dietz.

Sabine Fuss, of the Mercator Research Institute on Global Commons and Climate Change in Berlin, said it was not the final word on the topic, but the study did demonstrate that climate risks to the financial system may be substantial.

“This undermines both the need for full disclosure so that climate risks can be assessed and portfolios adjusted accordingly, and the need for more research to develop comprehensive estimates of the risk of such losses,” she wrote in a comment published by the same journal.

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Capacity... from page 1

wake of the Department of Energy (DOE) circular creating the Power Task Force Election 2016 to ensure adequate and reliable power supply before, during and after the 9 May 2016 national and local elections.

The task force is headed

by DOE Secretary Zenaida Monzada and composed of the heads of key power industry agencies of government and the private sector, and the different power industry support organizations.

The circular mandated all power suppliers and service providers particularly the distribution utilities (DUs), electric cooperatives and power generation companies to provide full support and participation to ensure an orderly and credible conduct of the elections.

Meanwhile SPI power plant manager Dr. Carsten Evers said that SPI’s two electric generating units have been operating at full capacity. SPI has two identical electric generating units with

a net generating output of 105 MW. Its combined net capacity of 210MW presently accounts for about 15% of Mindanao’s peak electric power demand.

“We are confident to sustain our full capacity operations until our next preventive maintenance activities scheduled towards the end of May 2016” Dr. Evers said.

SPI’s Unit 2 is slated to undergo a two-day maintenance check on 21-22 May 2016, weeks after the election period.

Dr. Evers explained that like any other machines, electric generators need to be shutdown in order to carry out the necessary periodic maintenance activities and ensure the long-term efficiency and reliability of the units.

SPI owns and operate a modern coal-fired power plant located at the PHIVIDEC Industrial Estate in Villanueva, Misamis Oriental. The company is principally owned by a leading German power producer Steag GmbH with Aboitiz Power and La Filipina Uy Gongco Corporations, as local shareholders.

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch-20 Cagayan de Oro City HOME DEVELOPMENT MUTUAL FUND EJF FILE NO. 2016-080 (PAG-IBIG), Petitioner/Mortgagee,

Mandatory... from page 1

chairman Jose Vicente Salazar told reporters Thursday.

The new target also moves the mandatory lowering of the threshold to 750 kW by June 2017.

The ERC chairman further said the reduced threshold to 500 kW will be implemented in June 2019.

Open access, which currently has a threshold of 1 megawatt, gives contestable customers the option where to source their power requirements.

Most contestable customers currently tap the Manila Electric Co. as their retail electricity supplier, still making them captive customers. (PNA)

Montierra... from page 1

quality homes and livable communities uniquely applied construction procedures that hasten the development without compromise to cement curing.

P600M With an investment of P600 million, Montierra is masterplanned as a community of 600 new homes with a commercial hub that sits on a 7.5-hectare property near the former Lumbia airport.

Bacungan said the project is positioned for start-up families

x----------------------------------------------------/

OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF FILE NO. 2016-080 Upon extra-judicial petition for sale under Act No. 3135 as amended by Act 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG), a corporation duly organized and existing under Philippine Laws, with principal office address at the Atrium of Makati Ave., Makati City. against DANILO P. NAVAJA married to ARLINDA T. NAVAJA, both of legal ages, Filipino, with postal address at Lot 21, Blk.3, PAG-IBIG CITIHOMES P-3, Malanang, Opol, Misamis Oriental 9016, to satisfy the mortgage indebtedness which as of February 19, 2016, amounted to FOUR HUNDRED NINETY FOUR THOUSAND FIVE HUNDRED FIFTY FIVE & 70/100 PESOS (Php494, 555.70), Philippine currency, exclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at Public Auction on May 11, 2016, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or Manager’s Check in Philippine Currency.

The following property/ies described below with all the improvements included thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T-136-2013001283

“A PARCEL OF LAND with all IMPROVEMENTS THEREON. (LOT: Lot 21, Blk.3, PCS-10-0044225, Cons Subd. : Lot 6, PCS-10-003972 and Lot 1, Blk. 24, psd10-059077as Surveyed For: JOHNDORF VENTURES CORP., (PAG-IBIG CITI HOMES, Phase 3, Located at Malanang, Opol, Misamis Oriental Island of Mindanao.

Xxx Registered in the name of DANILO P. NAVAJA married to ARLINDA T. NAVAJA Containing an area of 95 SQ. M. more or less.

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 will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein above-described encumbrances thereon, if any there be.

Done this 30th day of Match 2016, at Cagayan de Oro City, Philippines.

(Sgd.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

BWM: Apr. 8, 15 & 22, 2016

Fortuner...

from page 1 moldings retain a quality look and feel for years. The fabric seats for selected models are supportive and comfortable no matter how long you spend at

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16, Tangub City

-versusDANILO P. NAVAJA married to ARLINDA T. NAVAJA.

Respondent/ Mortgagor.

of emerging professionals and entrepreneurs as well as overseas Filipino workers who can afford homes priced between P2.8 million to P3 million.

Buyers can have their purchase financed by the PagIBIG Fund of Home Mutual Development Fund (HMDF), or by banks where the project is accredited with, she noted.

Johndorf boasts of Montierra as the only economic housing project in Mindanao with amenities and facilities usually built in mid-to-high end subdivision, a new trademark by the company in this market category.

Residents will enjoy the use of a grand clubhouse with a spacious swimming pool, landscaped parks and playgrounds, basketball court and jogging trail, it was learned.

Each townhouse is designed to be spacious than usual at about 64 square meters in floor area and stands on 54 to 108 square-meter subdivided lot, each with three bedrooms and two toilet-and-bathrooms.

IN THE MATTER OF THE CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF TERESITA RABINA CHUA SPECIAL PROCEEDING CASE AS TO THE CITIZENSHIP OF HER TC-2016-002 FATHER FROM “FILIPINO” TO “CHINESE” AND TO ERASE THE ENTRY OF “FORGOTTEN” ON THE DATE AND PLACE OF MARRIAGE OF PARENTS COLUMN. TERESITA RABINA CHUA-BLOCK Petitioner -versusTHE CITY CIVIL REGISTRAR OF TANGUB CITY Respondent.

/-------------------------------------------------------------/ NOTICE OF HEARING

WHEREAS, after alleging certain facts in a verified petition filed on February 24, 2016, petitioner prayed that after notice, publication and hearing an order be issued directing the Local Civil Registrar of Tangub City, Mis. Occ., to make the following correction in her record of birth, to wit: A.

B.

As to the entry of the citizenship of her father from “FILIPINO” to “CHINESE”; To erase the entry “FORGOTTEN” in the date and place of marriage of parents column.

WHEREFORE, finding the petition in due from and substance, the hearing of the same is hereby set on MAY 20,2016 at 8:30 o’clock in the morning, at the Session Hall 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 City Hall of Tangub City, and the Barangay hall of Labuyo, Tangub City, 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 Tangub City. 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. SINGIDASMACHACON, Presiding/Executive judge, this 22nd day of March 2016.

(Sgd.) ATTY. MARCELINO D. NATIVIDAD, JR. Clerk of Court-VI

BWM: Apr. 8, 15 & 22, 2016

the wheel. Seven people can be carried inside the Fortuner which makes the model a popular choice for families. The seats fold away so you can set the preferred cabin arrangement for individual journeys.

A choice of two engines is offered with the Fortuner, both reliable and hardworking. The 2.7 liter four-cylinder option produces 164hp which is channeled to all four wheels through a six-speed automatic gearbox. The unit has plenty of pulling power to help you take on demanding conditions yet if added muscle is needed, a 4.0 liter V6 can be chosen instead. Coupled with a sixspeed automatic transmission, it uses 235hp to accelerate energetically. The Fortuner is also equipped with an SRS driver airbag, SRS front passenger airbag and SRS knee airbag (driver’s seat).

Toyota Cagayan de Oro was inaugurated in 1997 and since then, it has branched out to the cities of Butuan and Zamboanga. It also has satellite offices in the cities of Ozamiz and Dipolog and it will open two more branches – in the cities of Iligan and Valencia, respectively.

DOLE...

7

2014 ppi’S Best in ENVIRONMENTAL Reporting

Speakers who emphasized the accomplishments of the Department particularly on the Labor Employment Updates of the Aquino Administration (2010 – 2016).

The promotion of LMC Program to the 168 participants coming from 115 establishments mostly from small and medium enterprises from the different area of the Province of Misamis Occidental was supported

by Undersecretary of Labor Relations, Social Dialogue and Internal Affairs Cluster Rebecca C. Chato who discussed Department Order No. 145-15 on the Rules on Termination of Employment relating to the Single Entry Approach Program of the Department.

Chato said through LMC, workers and management will discuss issues and concerns particularly on rights, benefits and welfare, in the same way, the management also will share to the workers their business operations and conditions establishing and maintaining harmonious industrial relations.

“LMC is a productivity tool of motivating and empowering workers particularly their individual skills and abilities," she added. (JSA/DOLE-Misamis Occidental)

from page 2

negotiation.

DOLE Assistant Secretary Maria Gloria AbraganTango is one of the Keynote 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. 2016-082 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IIBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against ESMERO P. PAMAYLAON, married to JANET Q. PAMAYLAON, mortgagor/s, of legal age/s, Filipino/s with postal address at Block 2, Lot 18, Pueblo de Oro, Upper Carmen, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of February 15, 2016 amounts to THREE HUNDRED NINETY SEVEN THOUSAND FIVE HUNDRED SIXTY NINE PESOS and 53/100 (P 397,569.53) Philippine Currency including interest & penalty charges, excluding attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on May 2, 2016, at 10:00 a.m. or soon thereafter at the RTC Branch 22, 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 existing and future improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T-136-2013001585 Lot : LOT 25, Block 3, PCS-10-004225 CONS-SUBD : Lot 6, PCS-10-003972 AND LOT 1, BLOCK 24, PSD-10-059077 AS Surveyed for : JOHNDORF VENTURES CORP. (PAG-IBIG CITI HOMES, PHASE 3) Location : Malanang, Opol, Misamis Oriental Area : NINETY FIVE (95) SQ. M. MORE OR LESS Prospective buyer/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, March 18, 2016 FOR THE PROVINCIAL EX-OFFICIO SHERIFF:

(Sgd.) JOEL LYDVEL G. PAKINO Sheriff IV

BWM: Apr. 1, 8 & 15, 2016

8

friday|april 8, 2016

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

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YOUR Mindanao-wide BUSINESS paper friday | april 8, 2016

2014 ppi’S Best in ENVIRONMENTAL Reporting

B1

Linens for Life Livelihood Project EMPRESS M

by

Michelle Francisco

www.EmpressMichelleFrancisco.com

You can follow me at the following social media: https://www.facebook.com/ EmpressMCF https://instagram.com/ empressmichellefrancisco https://twitter.com/ empressmcf

I

am so happy with this project because it helps so many people, especially women. Not to mention that they also have fun doing it together with their neighbors and friends from their barangay.

Last week, we had a livelihood project with Kap. Bingo Ebabacol at Barangay 17 but I was not able to join because I had to prepare for my son’s Recognition Day. So, my husband, Elmer, was the only one who went for the project to turnover the Sewing Machine and Linens.

The Linens for Life

Elmer and Stefan at Macapaya Relocation Site with a sample of a finished product, a bag, made from the linens and the sewing machine.

livelihood project is another joint undertaking by www.ElmerFrancisco. org and Sealed Air / Diversey Corporation represented by Mr. Stefan Phang that was actually born out of the need for packaging for the finished products of our Soap for Hope livelihood project (which I also featured here in my column before).

We thought of using the sanitized used linens of hotels to make pouches for the soaps.

For this particular project, we collect sanitized used linens from hotel clients of Diversey worldwide such as ShangriLa Hotel, Peninsula Hotel, Grand Hyatt Hotel, Crowne

Plaza Hotel, Hilton Hotel and others to donate to our beneficiaries. These tons of white linens are practically for waste disposal already by these hotels and would probably end up in dumpsites which is not good for our environment.

Here, we recycle these linens and turn them into something worthwhile like polo school uniforms, dresses, clothes, pillow cases, bed sheets, curtains, bags, etc. Our beneficiaries were creative with these linens and created their own concepts. At Macapaya Relocation Site in Barangay Camamanan, they even had a mini fashion show to showcase their finished products.

Elmer Francisco and Kap. Bingo Ebabacol for the turnover of the sewing machine and linens.

They also accept orders already for wedding and corporate giveaways.

In addition to the linens, we also donate sewing machines so that our beneficiaries could easily make the pouches for soaps, rags and/or anything creative they might think of.

With this noble project, we practically turn trash

into cash to benefit those who need them most.

“As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.” - Audrey Hepburn For more photos and details about this project, visit my website: www.

EmpressMichelleFrancisco. com.

With the people of Barangay 17

Women of Macapaya working on the linens.

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F eature B2 Sacada, househelp daughter graduates cum laude 2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

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friday|april 8, 2016

Maramag, Bukidnon --- It’s a life changing for 21-year old daughter of a Sacada farmer and househelp mother who will graduate as com laude

of Central Mindanao University here, some 135.6 kilometers from Cagayan de Oro City, today.

Living in a remote

village in Kiharang this municipality, Jean Salisali Tejano is among the three com laude graduates who are Pantawid Pamilyang Pilipino Program

beneficiaries of DSWD under the Expanded Student Grant-in-Aid Program for Poverty Alleviation (ESGP-PA) scholarship.

The other two cum laude graduates are Charmaine T. Nonay and Mae Pearl Villagonzalo, who are all earning a degree in Bachelor of Science in Secondary Education and ESGP-PA scholars.

Earning a degree on Bachelor of Science in Secondary Education, major in Filipino, Jean said she only have her dreams and determination to finish her studies because her family cannot support her studies in college if not for the scholarship program of DSWD and the Commission on Higher Education (CHED).

Sugar farm workers known as Sacadas are mostly concentrating and living in Bukidnon province, known for its vast sugar plantation in Mindanao.

Second eldest of the six Tejano siblings, Jean is the only member of the family who will earn a degree in college today, and have reached tertiary education.

Teary eyed when sharing her challenges

Award. Jean Salisi Tejano of Kiharong, Maramag, Bukidnon receives medal of recognition for academic excellence from Central Mindanao University during the recent Awarding of Outstanding Expanded Student GrantIn-Aid Program for Poverty Alleviation Graduates. With her is Rebecca, mother of Jean. Photo by Oliver Badel Inodeo, DSWD DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Notice is hereby given that the intestate estate of the Late HERMINIO SUPRANES PEREZ died on March 29, 2014, left parcels of land situated in Upper Carmen, Cagayan de Oro City, Misamis Oriental and covered under Transfer Certificate of Title No. T-158996 and which parcel of land is more particularly described as follows:

A. Lot 28, Block 3, Psd-10-0040101 located at Upper Carmen Cagayan de Oro City containing an area of ONE HUNDRED TWENTY (120) SQ.M.

B. Lot 28, Block 3, Psd-10-0040101 located at Upper Carmen Cagayan de Oro City containing an area of NINETY (90) SQ.M., more or less are the subject of DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Under Notary Public of Atty. BENJAMIN G. GUIMONG per Doc, No. 124; Page No. 25; Book No. 30G; Series of 2015 BWM: Apr. 8, 15, 22, 2016

during her entire college formation during the Awarding of Outstanding ESGP-PA scholars at CMU recently, Jean disclosed that the seasonal income of P160 a day of his sacada father and the P150 a day from her mother as house helper of their neighbor is not enough even for the needs of her brothers and sisters who are still undergoing the basic education curriculum.

Once, Jean recalled that she dreams of finishing a college degree to earn a decent job and will eventually help her family live-out of poverty.

“My parents never wanted me and my brothers and sisters to undergo what they have suffered due to poverty.

They always inspire us to strive for our studies so that we can live out of poverty,” said Jean.

Turns discrimination as challenge With what she has achieved, Jean disclosed that she has proven all who discriminated Pantawid sacada/PAGE B3

DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Notice is hereby given that the intestate estate of the Late HERMINIO SUPRANES PEREZ died on March 29, 2014, left parcels of land situated in Barangay Olingan, Dipolog City and Barangay Galas, Dipolog City and covered under Transfer Certificate of Title Nos, T-30274 and T-26426 and which parcels of land are more particularly described as follows:

A. L o t 2 0 6 4 - D - 4 - B situated in the barangay of Olingan, City of Dipolog, Island of Mindanao containing an area of TWO THOUSAND SIX HUNDRED THIRTY FOUR (2,634) SQ.M.

B. Lot 1935-D-5-C-2) situated in the Barangay of Galas, City of Dipolog, Island of Mindanao containing an area of FIVE HUNDRED (500) SQ.M.

C. L o t 2 0 6 4 - D - 4 - B situated in the Barangay of Olingan, City of Dipolog, Island of Mindanao containing an area of ONE THOUSAND NINE HUNDRED SEVENTY SIX (1,976) SQ.M. D. Lot 1935-D-5-C-2 situated in the barangay of Galas,City of Dipolog containing an area THREE HUNDRED SEVENTY FIVE (375) SQ.M., more or less are the subject of DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Under Notary Public of Atty.

BENJAMIN G. GUIMONG per Doc, No. 125; Page No. 25; Book No. 30G; Series of 2015 BWM: Apr. 8, 15, 22, 2016

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16th IYAS National Writers’ Workshop fellows named The IYAS National Writers' Workshop of the University of St. La Salle, Bacolod City, has selected 15 Fellows for 2016, out of 119 applicants nationwide.

It will be held on April 24 – 30, 2016 at the Balay Kalinungan Complex of the University of St. La Salle, Bacolod City.

The IYAS National Writers' Workshop is held every summer in Bacolod City, Negros Occidental.

It was first conducted in 2001 as a module in that year's Negros Summer Workshops in Multimedia.

Since then, it has grown into an independent workshop managed by the University of St. La Salle (USLS) in cooperation with the Bienvenido N. Santos Creative Writing Center of De La Salle University and the National Commission for Culture and the Arts.

Each year, the workshop awards fifteen fellowships to writers from all over the country in the genres of fiction, poetry, and drama, and the languages English, Filipino, Cebuano, and Hiligaynon.

The fellows for fiction (in English) are Hazel Meghan Hamile and Gari Real Jamero; (in Filipino)

Sacada... from page B2

Pamilya college scholars wrong.

“Every time I hear them saying we (ESGPPA scholars) are wasting government’s money, I feel hurt but I take them as a challenge for me to make good of my studies,” said Jean crying.

Jean added, “The scholarship is God’s grace and God has a purpose for me.”

Being the eldest daughter, Jean said her heart was torn into pieces many times when she saw her sisters and brothers pass school requirements late.

Love of teaching Since her childhood days, Jean dreams of becoming a teacher.

“I love teaching.

With my degree, I can help mold young minds to give importance of Filipino language,” Jean disclosed.

With her degree, Jean is optimistic that she can help her younger brothers and sisters continue schooling and will eventually finish a course.

Jean also plans to give extra time for outof-school youth in her village by teaching them literacy and numeracy.

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Algen’s Dive Resort (088) 3872015 Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 09399076948 Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480

The IYAS Project Director 2015 Elsie Coscolluela, Workshop Director Marjorie Evasco, Panelists Danny Reyes, Grace Monte de Ramos, Dinah Roma, John Iremil Teodoro, Tim Tomlinson, Documentor Connie Maraan

Abby Pariente and Isaac Ali Varona Tapar; and (in Cebuano) Roehl Joseph Dazo and Mae Tiffany Galendez.

Fellow for drama in Filipino is Adrian Crisostomo Ho. The fellows for poetry (in English) are Miguel Antonio Lizada and Regina Angelica Theresa Bengzon; (in Filipino) Abner Dormiendo and Joey Tabula; (in Cebuano)

Herminigildo Sanchez and Reyanne Joy Librado; (in Kinaray-a) Tracy Javines; and (in Hiligaynon) Anne Franceine Jean Corillo.

Alternate fellow for poetry (in English) is Nancy Ayeng.

The IYAS Workshop Director is Dr. Marjorie Evasco and the panelists for this year are Ms. Grace Monte de RamosArcellana, Mr. Danilo M. Reyes, Dr. Dinah Roma-

“Just like me before, I noticed that they are eager to learn. However, they have no means of supporting their studies,” stressed Jean.

CMU has 51 Pantawid college scholars graduating this April 7 under the Expanded Student’s Grants-in-Aid Program for Poverty Alleviation, a program of the national government which is instituted by the Commission on Higher Education, Department of Social Welfare and Development, Department of Labor and Employment, and state universities and colleges.

ESGP-PA provides higher education to poor households that will give them opportunities for high value-added occupations that will eventually help beneficiaries have an improved quality of life.

The college scholarship program aims to contribute to the national government’s thrusts in effectively addressing poverty alleviation by increasing the number of graduates in higher education among poor households and to get these graduates employed in order to lift their families out of poverty and contribute to national development.

Livelihood... from page B4

them into something worthwhile like polo school uniforms, dresses, clothes, pillow cases, bed sheets, curtains, bags, etc.

Our beneficiaries were creative with these linens and created their own concepts. At Macapaya Relocation Site in Barangay Camaman-an, they even had a mini fashion show to showcase their finished products.

They also accept orders already for wedding and corporate giveaways.

In addition to the linens, we also donate sewing machines so that our beneficiaries could easily make the pouches for soaps, rags and/or anything creative they might think of.

With this noble project, we practically turn trash into cash to benefit those who need them most.

“As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.”

- Audrey Hepburn For more photos and details about this project, visit my website: www.

EmpressMichelleFrancisco. com.

Sianturi and Prof. John Iremil Teodoro. IYAS Project Director Atty.

Raymundo Pandan, Jr. will also be in the panel.

Apart from the critiquing sessions, workshop activities include a lecture from one of the panelists, a cultural tour of historic sites and landmarks in Negros Occidental, and individual consultation time between fellows and panelists. (PR) DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Notice is hereby given that the intestate estate of the Late HERMINIO SUPRANES PEREZ died on March 29, 2014, left parcels of land situated in Barangay Maanas, Medina, Misamis Oriental and covered for taxation purposes under Tax Declaration Nos.02-000900694 and 02-0009-00696 of the Municipal Assessor’s Office and covered under Transfer Certificate of Title Nos. T-16163 and T-27892 which parcels of land is more particularly described as follows:

A. Lot 1248-B, Psd-10007004 being a portion of Lot 1248, Cad-347, Medina Cadastre situated in the Barrio of Maanas, Medina, Province of Misamis Oriental containing an area of ONE HUNDRED EIGHTY (180) SQ.M.

B. Lot 9-E-1-G, Psd-10033430 being a portion of Lot 9-B-1, Psd-10-006647 situated in the barangay of Maanas, Municipality of Medina Province of Misamis Oriental containing an area THREE HUNDRED TEN (310) SQ.M.

C. Lot 1248-B, Psd-10007004 being a portion of Lot 1248, Cad-347, Medina Cadastre situated in the Barrio of Maanas, Medina, Province of Misamis Oriental containing an area of ONE HUNDRED THIRTY FIVE (135)SQ.M. D. Lot 9-E-1-G, Psd-10033430 being a portion of Lot 9-B-1, Psd-10-006647 situated in the barangay of Maanas, Municipality of Medina Province of Misamis Oriental containing an area TWO HUNDRED THIRTY THREE (233) SQ.M., more or less are the subject of DEED OF EXTRAJUDICIAL PARTITION WITH DEED OF DONATION Under Notary Public of Atty.

BENJAMIN G. GUIMONG per Doc, No. 123; Page No. 25; Book No. 30G; Series of 2015 BWM: Apr. 8, 15, 22, 2016

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Kingston Lodge 8585696 Fax: 8585696 Mapawa Natures Park 8584402 Fax: 725265 Mallberry Suites 8541999 / 7249999 Fax: 8544999 Maxandrea Hotel 8572244/729943 Fax: 724090 Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104 Pryce Plaza Hotel 8583131 Fax: 726687

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Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790

Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Max’s Restaurant 8586297 Fax: 8568264 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438 Thai Me Up 738424/3108424 Fax: 738424 Barkadahan Grill 8551234 La Tegola Cucina Italiana 8585959 limketkai luxe hotel 8800000 Dear manok tiano 8564914 dear manok divisoriachaves 8573413

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Sikat ka Higala

S

o I celebrated my birthday with a bash.I am officially 41 on April 2nd.It was celebrated with very good friends with the son of the Mayor Sean Oliver Moreno owner and proprietor of Sweet Crafts Café Tart Miclat Pacatan and Husband Alain Pacatan ,owner and proprietor of Haze bar and Blaze 28 Mark Apilan and PR manager of SM City Ivy Guantero my batch 91 friends of LDCU and of course my good family all 5 of our children except for my 2 boys who are in Dubai for a vacation.

Liezle Kim President of JCI Daba Daba Davao and Husband Daniel Kim. So I will really would start by saying I thank God for the 41 years of my existence.I have yet still to uncover

the mysteries of life on how to unravel the breakthrough of being rich. Kidding aside I a grateful that I have known my purpose in life and that is to help people. I have been grateful in all of my life I would like to thank my good friend and publisher Dante Sudaria for his kindness and confidence in me.

For all the challenges I have been through I have realized you really know who truly are your friends they stick by you. I also have a wonderful husband who have truly loved me and took care of me.People know me very feisty, blunt and very frank but I guess that’s reality you just to learn and embrace of being true.I have only one purpose in life that is to inspire

people through my life and my writing. I will continue to bring great stories to my readers. That they will learn life’s lesson and be encourage to live a better life.To be humane and compassionate to

others and to learn that kindness is life a ripple it always comes back you.Thank you all my readers for the emails and reactions you have sent me truly I am more inspired to bring good stories to you.

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