BusinessWeek Mindanao (April 9, 2018) by Mindanao Daily News

BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 133 As of 6:00 pm April 6, 2018 (friday)

FOREX

PHISIX

US$1 = P52.02

7,945.66

X Briefly

76.50

cents

points

RELIABLE

El Nido-Davao flight AYALA-controlled boutique airline AirSWIFT Transport, Inc. has started taking bookings for its El Nido-Davao service which will launch in May. The airline will offer the thrice-weekly service on May 22 with El Nido departures scheduled for 11:25 a.m. and Davao departures at 2:10 p.m. The service will operate on Tuesdays, Thursdays and Saturdays. In February, AirSWIFT announced plans to expand services with destinations like Puerto Princesa, Davao City, and Tagbilaran, Bohol.

IN-DEPTH

Monday|April 9, 2018

Lapasan Highway, Cagayan de Oro City

P15.00

By CARMELITO Q. FRANCISCO, Correspondent

MPROVING productivity and creating employment opportunities in the agriculture sector, alongside the rollout of projects for better logistics and access to local and global markets, would be key to Mindanao’s development, according to the Mindanao Jobs Report released here Friday.

The study — a collaboration between the World Bank, the government’s Mindanao Development Authority (MinDA), and the private sector group Philippine Business for Social Progress (PBSP) — also recommends that priority be placed on improving social services and strengthening growth/PAGE 11

Mindanao needs additional 3,000MW from 2021 to 2030

Online marketing THE Department of Trade and Industry (DTI) and the Department of Science and Technology (DOST) are teaming up to help micro, small and medium enterprises (MSMEs) expand their market reach online through the OneSTore. ph platform. The OneSTore.ph is the first government e-commerce platform dedicated to marketing high-quality Filipino products of MSMEs through the worldwide web by “bringing quality products to Filipino doorsteps.” Under the OneSTore.ph agreement, DTI will promote the oneSTore.ph to MSMEs through Negosyo Centers as a platform where they can market their products online. DTI will also make Negosyo Centers accessible to clients of DOST and allow clients to display and dispatch their products with its payment and logistic partners in the One Town One Product (OTOP) Philippines HubStores.

Cagayan de Oro

Agri sector still key to M’danao growth www.businessweekmindanao.com

Market Indicators

9.5

YOUR Mindanao-wide BUSINESS paper

By ANTONIO L. COLINA IV, MindaNews

THE high growth in real estate industry in Mindanao will require additional capacities of 3,000 megawatts between 2021 and 2030 to prevent shortage that may occur if no new power plants will be established within this period,

Mindanao Development Authority (MinDA) executive deputy director Romeo Montenegro said. In an interview during t h e “Mi n d an a o To d ay, Mindanao Tomorrow” forum at Marco Polo Davao on

Friday, Montenegro said the island needs a additional huge supply of power as a result of the sprouting of malls, hotels, and condominiums. “Condominium towers alone will require huge capacity, not including expansions of real estate needs/PAGE 11

BAN ON BILLBOARDS. Citing the preservation of natural beauty, cityscape and skyline of bustling Cagayan de Oro, a city councilor has proposed a total ban on billboards and other outdoor advertising along the city bridges. file photo by gerry gorit

Dad pushes ban on outdoor billboards along Oro bridges By MARK FRANCISCO, Staff Writer

A C AG AYA N d e O r o City councilor has filed a proposed ordinance banning the erection of advertising billboards within 200 meters from the city’s bridges. The proposal, authored by

Councilor Reuben Daba, will be tackled by the City Council committee on ways and means next week. It particularly identified the following areas as no-billboard zones: Ysalina ban/PAGE 11

GN Power Kauswagan’s coal plant in Lanao del Norte as of March 2018. mindanews photo by bobby timonera

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

Economy

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

Monday|April 9, 2018

Mindanao’s growth to drive PH progress: WB exec

AVAO CITY -The growth and development of Mindanao could drive the country’s full progress if the government and other stakeholders succeed in unlocking the region’s potentials. This prospect was expressed by World Bank (WB) Country Director for Brunei, Malaysia, the Philippines and Thailand, Mara Warwick, during the presentation of the Philippines Mindanao Jobs Report at the Marco Polo Hotel Davao on Friday. Warwick underscored the need for the national and local governments, the private sector, and other players to be more focused, interconnected

and coordinated in planning and implementing programs and reforms to unlock Mindanao’s potentials.

She said that in the long run, progress in the entire country deends on the growth and development of Mindanao.

“Mindanao holds about one-fourth of the country’s population and one-third of the total number of poor

Filipinos. Therefore, significantly reducing national poverty hinges on reducing poverty in Mindanao. Ensuring Mindanao’s prosperity benefits the entire country,” Warwick said during the launch of the report, which was made in collaboration with the Mindanao Development Authority (MinDA) and the Philippine Business for Social Progress (PBSP). The 92-page report, a strategy on Mindanao’s development, outlines three recommendations to speed up growth that creates more and better jobs and reduces poverty in the region. Warwick said the report has gone through an extensive consultation

Local aerospace industry urged to capture global demand By Kris Crismundo

RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

process. Following the study, she said, WB came up with three recommendations around three development areas. These are raising the productivity of Mindanao’s agriculture and fisheries sector and improving connectivity to markets; boosting human capital and social protection for the poor; and addressing the drivers of conflict and strengthening institutions in conflict-affected areas. After seeing the disparity and sharp regional contrasts in Mindanao, Warwick said the WB saw the need to develop a strategy for Mindanao to hasten its progress/PAGE 11

CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao

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

The country’s aerospace industry is urged to take advantage of the robust global demand through enhanced investments, which in turn will create more jobs here. During the press launch of the Aeromart Summit Clark - Philippines here Friday, Trade and Industry Secretary Ramon Lopez said that the rising demand for aircraft parts as well as aircraft maintenance and repair operations (MRO) in the Asia Pacific region, presents fresh opportunities to the local aerospace industry.

Lopez cited a report of the International Air Transport Association (IATA) that air passengers coming in and going out of Asia Pacific is expected at 3.5 billion by 2036, which is larger than the combined number of North America and Europe. He added that to meet the demand in the region, some 16,000 aircrafts will be needed at the cost of about USD2.5 trillion. “The country, being a regional aerospace [and] aviation hub, can take advantage of this

unprecedented demand, The opportunities and possibilities here are tremendous. As a strategic gateway, the Philippines can bridge manufacturing and servicing on both sides of the Pacific. We could also gain from Europe looking towards Asia for growth and expansion,” the trade chief said. He noted that the Department of Trade and Industry (DTI) has identified the aerospace industry as one of the 12 key sectors in the country that Filipinos have comparative advantage in. aerospace/PAGE 11

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

Opinion

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

Monday|April 9, 2018

Immersion

Speaking out Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

RUFINO T. MAGBANUA

Vice President for Business Development

Joe felicilda

Vice President for Administration

JOHN AARON M. DEL BANDO

VicePresidentforEventsandPromotions

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

gilbert y. chao

Motoring Editor Cris diaz mike baños BONG FABE Contributing Editors

JUN AYENSA

Regional Editor - Caraga

ATTY. antonio s. soriano 2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

Layout Artist

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

ABEGAIL BAYNOSA era mae deloso Advertising

manila office: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell No.: 0977-152-8860 lani vallido-Marketing Manager

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2017-02942. Tel. Nos.: (088)856-3344, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

ignacio bunye Most colleges now require their students to undergo “immersion” or spending significant time, sometimes actually living in the communities, to learn how other people live and perhaps suggest ways in improving their lives. Many many years ago, I did my immersion together with college batch mates , teaching catechism over a two week period in various far-flung barangays in Bicol. When her opportunity came, my youngest daughter lived with an Aeta family

Oro Chamber

have my say

think a minute

klaus doring

Life is better than ever, so why does everybody seem to be unhappy? As regular reader of this column, you surely remember this topic which I already raised several and change some of our times. incorrect beliefs and thinking. Whenever I hear people We realize that some things saying that things turned we used to think and believe actually are not true, such as superstitions and racial prejudice. It’s so important that we always keep learning, because our mind is a terrible thing to Kakampi mo ang batas waste! Someone said: “You should always keep an open mind, but not so open that your brains fall out!” In other words, we need to use our mind and conscience God gave us to sort through what’s true and what isn’t. We’re responsible to think and find out the truth for ourselves. That way we won’t let others Batas Mauricio rent space in our heads! As a professor of mine used to say: “If you don’t know for LIFE’S INSPIRATIONS: “… yourself, you’ll get hustled And with that he breathed on them and said, `Receive and fooled all your life.” This is why Jesus Christ the Holy Spirit’…” (Jesus, came: to explain and show our God and Savior who is us the true way we were made God the Father, Son, and to enjoy the life He gave us. Holy Spirit, in John 20:22, He didn’t create us to stumble the Holy Bible). -ooothrough life in the dark, not knowing the right way to live EASTER PS III: BIBLICAL a successful life. So why not PROOFS THAT JESUS IS ask Jesus Christ to forgive you GOD THE FATHER: If for your past wrongs? Then only believers would study ask Him to start showing the Bible more seriously, you His way to true success it wouldn’t fail to impress and satisfaction. You’ve got them that its verses contain nothing to lose and everything the proofs that Jesus is God to gain. Just Think a Minute… and Savior, and is God the

A terrible thing to waste

View Upland Farmers MultiPurpose Cooperative. The farmers could not have chosen a more appropriate name. One has to trek 7 kilometers uphill for two hours in order to reach the clearing which the Ivatans had planted to vegetables and other cash crops. The nearest source of water is a couple of kilometers away. Bringing their produce to the market is a challenge. Each farming family ma kes b et we en P5,000 and P10,000 a month. A member of the UST team felt so bad knowing that some classmates’ allowances far exceeded the daily income of the farmers. The To m a s i n o s i m m e d i at e l y w e nt t o work, doing their routine inter views. The farmers indicated their most basic needs: a carabao and a wagon to transport their produce to the market and also some plows. Asked if a “kuliglig”

would be more efficient, the farmers responded by saying that the “kuliglig” would not be suited because of the very steep terrain. B ack in s cho ol, t he students decided that if they were to provide carabaos, it should be at least two: one carabao, as work animal, and another for breeding. The students also listed a water reservoir and fruit-bearing trees among the urgent needs of the community. At that point, the students could have already stopped since they have already met the minimum requirements to pass the course. But they did not. The young Tomasinos, instead, tried to figure out how to raise funds and resources for their adopted Ivatan community. They tried approaching the Department of Agriculture for the carabaos but became very disappointed when they were given the run-around. immersion/PAGE 9

Worrying wouldn’t help

Member: Philippine Press Institute

which had been uprooted by the Mt. Pinatubo eruption. She was very touched by the generosity displayed by the Aeta family even under the direst of circumstances. A group of UST 4th year Business Economic students, recently started their own immersion in a farming community situated in Barangay Maligaya, Sitio B at a n e s , D i n a l u p i h a n , Bataan. What started as a school requirement soon become an advocacy for these young Tomasinos. Here is their story. It was not clear how Ira Yochabel A. Alonzo, Pamela Jane C. Carreon, Nel Christian H. Gelua, Jazmin Belle T. Medallon, and Louise Patrick DL. Pineda chose Sitio Batanes for their project. But apparently, they scouted for various sites in Pampanga as well. Sitio Batanes is inhabited by indigent Ivatan farmers who had formed the Mt.

so bad nowadays, I think of my late LOLA, born in 1899 (!) into a really awful world in Germany and its surroundings. Also the socalled “Golden Twenties” between two World Wars have been everything but golden for her and my former relatives. Lola never complained, even during the sorrowful times in the former East German, the “German Democratic Republic”. Lola reached the ripe old age of almost 86. We hardly count our blessings. We enjoy counting our crosses. Instead of gains, we count our losses. We don’t have to do all that counting - computers do it for us. Information is easily had.

Facebook to and fro, back and forth, there and back - how many posts and comments have been posted already with sadness, loneliness, boredom strikes, problems, worries ... . Just rememb er t his: Opportunity doesn’t just knock - it jiggles the doorknob. and “your social media online-friend” - the worrier, is with you day and night, at every corner, following your every step. Complaining and grumbling are good excuses, right? Is social media bad for us? Three billion people, around 40% of the world’s population, use online social media – and we’re spending an average of two hours

every day sharing, liking, tweeting and updating on these platforms, according to some reports. That breaks down to around half a million tweets and Snapchat photos shared every minute. Stress, mood, anxiety, depression, sleep (or better non-sleep), self-esteem - Overall, social media’s effects on well-being are ambiguous, according to a paper written last year by researchers from the Netherlands. However, they suggested there is clearer evidence for the impact on one group of people: social media has a more negative effect on the well-being of those who are more socially isolated. worrying/PAGE 9

Easter PS III: Proofs that Jesus is God the Father

jhan tiafau hurst Think a minute…Have you heard this expression, “It’s raining cats and dogs?” It was started in Europe in the 1500’s when many European houses had thatched roofs made from straw. At night time the animals would climb up on the roof to stay warm, including cats, dogs, and other small animals. But when it rained hard, the straw became slippery and sometimes the animals slipped and fell off the roof. So they started the saying, “It’s raining cats and dogs.” It’s interesting how many of us go through life saying and doing things that often we don’t even know why we do them. Like superstitions which don’t make any sense, yet many of us still believe them. But as we grow and learn more about life, we slowly begin to understand

Father, Son, and Holy Spirit. The truth is, we can list down these proofs under five general categories The first proof comes from the Father. The second, from the Son. The third comes from the Holy Spirit. The fourth, from the disciples and followers of Jesus. And fifth, from those who did not accept and receive Jesus. What are the verses of the Bible where the Father Himself gave proofs that Jesus is God and Savior, and is God the Father, Son, and Holy Spirit? These are Genesis 3:15, Isaiah 7:14, Isaiah 9:6, which consist of the prophecies that God Himself will come down to earth from heaven, while John 1:1-14, Matthew 1:18-25, and Luke 1:26-37 constitute the proofs that the prophecies concerning God’s coming to this world were fulfilled. -ooo G OD’S PROV I SION FOR SAVING MAN FROM SINFULNESS: In Genesis 3,

it is there declared that God meted out His curses against Eve, Adam, and the serpent after the serpent succeeded in enticing Eve and Adam to sin against God by their disregarding His command. But, it would b e clear nevertheless that Genesis 3 contained not only God’s curses, but also the remedy God Himself provided so that man’s sinfulness could be forgiven or atoned for. In Genesis 3:15, we can clearly discern the promise of God that the head of the wily and evil serpent would be crushed. What this means is that, man’s sinfulness and evil ways would be certainly overcome at the appointed time, and this is going to be accomplished by the “seed” of the woman. Who is this “seed” of the woman which will crush the head of the serpent and thereby destroy sin? Isaiah 7:14 and Isaiah 9:6 gave a very compelling explanation. In these verses,

God pronounced, through Isaiah, His prophet, His sign: the virgin will conceive and give birth to a son which, in truth and in fact, was not an ordinary child, because that son is the “Mighty God, Everlasting Father” Himself. -ooo PROOFS ABOUT GOD’S COMING TO EARTH: By God’s grace and generous love, His sign came true, and this was recorded in Matthew 1:18-25, Luke 1:2637, and John 1:1-14. In these three verses, the prophecies declared in Isaiah 7:14 and Isaiah 9:6, and in Genesis 3:15 as well, were all confirmed, occurring in the way they were declared to happen. These verses declare the indubitable truth that God Himself came down to earth from heaven, in the form of man with flesh and blood. Matthew 1:21 and Luke 1:31 also declared flatly that “Jesus” is the Name of God and that, further, as proofs/PAGE 9

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

Monday|April 9, 2018

Banking&Finance

GSIS offers emergency loan to members, pensioners in 4 areas

he Government Service Insurance System (GSIS) is offering emergency loan to a total of 3,364 active members and old-age pensioners in Jabonga and Kitcharao in Agusan Del Norte; and Balabac and Narra in Palawan. The Agusan del Norte areas were affected due to tropical storm Basyang. The Palawan areas were plagued by tropical storm Vinta and tropical depression Urduja. The application deadline is April 19 for Agusan del Norte and April 20 for Palawan. A total of 1,957 active members in the calamity areas who have no existing emergency loans may apply for a Php20,000 loan. The 1,178 active members who have not yet fully paid their loan may apply for a Php40,000 loan, from which the remaining balance will be deducted. To qualify, active members must be working or residing in the said areas, not be on leave

of absence without pay, have no arrears in paying premium contributions, and have no unpaid loans for more than six months. They should also have a minimum net take-home pay of Php5,000 after the monthly premium contribution and loan amortization have been deducted. Active members may apply through the GSIS Wireless Automated Processing System (GWAPS) kiosk located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices; large government agencies such as the Department of Education; Robinsons Malls; and selected SM City branches in North EDSA, Manila, Pampanga, Cebu, SM Aura in Taguig and Mall of Asia in Pasay City. To avail of the loan, the 229 old-age pensioners living in the areas may apply over the counter. They are eligible for a Php20,000 loan amount.

Pensioners who are also active members may apply for the loan only once. Emergency loan is payable in 36 equal monthly instalments at six percent interest rate per annum. It is covered by a loan redemption insurance, which deems the loan fully paid in case of the borrower’s demise, provided that loan repayment is up to date. Loan proceeds are electronically credited to the borrower’s GSIS electronic card (eCard) or unified multipurpose identification (UMID) card. Interested parties who have inquiries may visit the GSIS website, www. gsis.gov.ph, or Facebook account, @gsis.ph; email gsiscares@gsis.gov.ph; or call the GSIS Contact Center at 847-4747 or 1-800-8-847-4747 (for Globe [free with minimum Php8.00 load] and TM subscribers) or 1-80010-847-4747 (for Smart, Sun, and Talk ’N Text subscribers; Php8.00/call).

MANILA -- The Philippines’ higher-thantarget inflation rate of 4.3 percent in March 2018 was not unexpected, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said Thursday. “Markets are already factoring this,” he told reporters in a WhatsApp message. In March 2017, inflation recorded a lower rate of 3.1 percent.

The Philippine Statistics Authority (PSA) reported that with the inflation rate's uptick last month, the average rate in the first quarter stands at 3.8 percent, which is still within the government’s two to four percent target until 2019. It attributed the faster rate of price increases to continued double-digit inflation of alcoholic beverages and tobacco index at 18.6

percent and still elevated rate of the heavilyweighted food and nonalcoholic beverages index at 5.9 percent. Other contributors are the restaurant and miscellaneous goods and services, three percent; housing, water, electricity, gas and other fuels; 2.9 percent; furnishing, household equipment and routine maintenance of inflation/PAGE 9

The Philippine peso continued to hold its ground against the Greenback while the Philippine Stock Exchange index (PSEi) recovered and went back to 8,000-level as US officials downplay the possible trade war with China. The local currency finished Thursday at 52.11 or virtually unchanged from Wednesday's 52.12, which a trader traced to investors’ decision to stay at the sidelines to monitor US-China trade issues. Hopes for a hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates also boosted investors’ risk appetite following the release of the March 2018 Philippine inflation rate at 4.3 percent from

the previous month’s 3.8 percent. A trader, however, said rate hike expectations from the BSP was muted by the wait-and-see stance ahead of the release of US’ March 2018 non-farm payroll report later in the session. For the day, the peso opened at 52.12, slightly weaker than its 52.00 start in the previous session. It traded between 52.09 and 52.16, bringing the day’s average to 52.12. Volume of trade reached USD483 million, lower than the previous day’s USD504.4 million. The local unit is seen to trade between 52.10 and 52.30 to a dollar Friday. PSEi rose by 0.31 percent, or 24.49 points, to

8,022.16 points. All Shares tracked the main index after it went up by 0.13 percent, or 6.42 points, to 4,864.45 points. It was a balanced mix among the sectors with three posting gains specifically Holding Firms, 0.63 percent; and Financials and Property, which both rose by 0.24 percent. On the other hand, Mining and Oil posted the biggest losses during the day after it fell 1.75 percent followed by the Services, 0.28 percent, and Industrial, 0.13 percent. Volume reached 4.05 billion shares amounting to Php5.85 billion. Losers led gainers at 103 to 83 while 55 shares were unchanged. (PNA)

PH March ‘18 inflation uptick as expected: BSP

Peso steady as PSEi rebounds

Sports

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

Monday|April 9, 2018

SMB rallies from huge Game 5 deficit to clinch PH Cup title

Alexandra Eala and Australian Mia Repac shake hands after their match on Friday in the Under-14 World Juniors Tennis Championships Asia/Oceania Final Qualifying in Nonthaburi, Thailand. (Photo by Michael Francis Eala)

PH junior netters win over Australians The Philippines defeated Australia, 2-1, in the Under-14 World Juniors Tennis Championships Asia/Oceania Final Qualifying at the National Tennis Development Center in Nonthaburi, Thailand on Friday. The Australians took a 1-0 lead after Catherine Aulia scored a 6-0, 6-1 victory over Ma. Carmencita Carlos in the first singles match of their best-of-three tie. But the Filipinos fought

back, with Alexandra Eala winning her second singles match against Mia Repac, 6-3, 6-3, and the tandem of Carlos and Eala prevailing over Aulia and Repac, 6-3, 7-5, after one hour and 20 minutes. The victory set up the Philippines against New Zealand in the battle for fifth place on Saturday. New Zealand defeated South Korea, 2-1. Australia, on the other hand, will face South netters/PAGE 8

ANILA -- San Miguel may have been down by as much as 23 points at one point in Game 5 of the PBA Philippine Cup Finals -- but you just can't underestimate the heart of the champion. The Beermen came back from the grave to trample the Magnolia Hotshots in a double-overtime classic, 108-99, to clinch their fourth consecutive pennant in the season-opening conference at the Mall of Asia Arena in Pasay Friday. With a 1-3 deficit – and its back against the wall -- Magnolia thought it already sealed Game 6 after taking a 71-48 lead with 4:38 remaining in the third quarter. However, SMB slowly bounced back with a threepointer from Arwind Santos that tied the game up at 86-all with 16.5 seconds remaining in regulation. The team actually had a chance to steal the win in regulation when Marcio Lassiter stole the ball and ran almost the full length of the court for a right corner three just before the final horn. He, however, missed the shot. The game remained tight in the first overtime, but it was in the next five-minute extension that the Beermen

sealed the win, opening the second free basketball session with a 7-0 run to open a 101-94 lead and never looking back despite Magnolia’s Aldrech Ramos heating up a bit later in the period. Junemar Fajardo finished with 42 points, 26 made in the second half and the overtime sessions, 20 rebounds, one assist, one block, and one steal en route to becoming the Cignal-PBA Press Corps Finals MVP. Santos added 23 points on 9-of-13 shooting with 11 boards, two assists, and four

blocks. Chris Ross finished with a triple-double of 13 points, 11 rebounds, and 11 assists; and even came close to a quadruple-double as he stole the ball eight times. Paul Lee led Magnolia with 21 points, but he was scoreless in overtime as he too committed seven turnovers. Ian Sangalang struggled offensively, making only 11 points and committing eight turnovers. This is the biggest rally in a PBA Finals game since Alaska also came back from

23 points down to steal the win from TNT in Game 1 of the 2007 Fiesta Cup Finals. Box Scores: San Miguel 108: Fajardo 42, Santos 23, Lassiter 16, Ross 13, Cabagnot 7, Heruela 3, Rosser 2, Espinas 2 Magnolia 99: Lee 21, Dela Rosa 19, Reavis 13, Barroca 12, Sangalang 11, Ramos 8, Gamalinda 6, Jalalon 5, Pascual 2, Brondial 2 Quarterscores: 19-21, 3753, 60-74, 86-86, 94-94, 10899 (Ivan Stewart Saldajeno/ PNA)

The members of the Philippine Under-16 team, with their respective mothers, left for Malaysia on Friday to compete in the Junior Davis Cup Asia/Oceania Final Qualifying slated April 9-14 in Kuching, Sarawak. (L-R) Jose Antonio Tria, Matthew Anton Garcia and Michael Francis Eala II. (Photo by Rizza Maniego-Eala)

Eala headlines PH team in Junior Davis Cup Asia/Oceania tourney MANILA -- Three of the country's top Under 16 players flew to Malaysia on Friday to participate in the Junior Davis Cup Asia/ Oceania Final Qualifying tournament. Michael Francis Eala II, Jose Antonio Tria, and Matthew Anton Garcia will carry the national colors in the tournament, which will be held at the Sarawak Lawn Tennis Association (SLTA) in Kuching on April 9-14. The 15-year-old Eala is currently No. 473 in the world juniors rankings. This year, he has played in three tournaments in China and one each in Hong Kong and Cambodia. Tria, 15, began competing in the International Tennis Federation (ITF) Juniors circuit

in 2016. He has played in Saipan, Northern Mariana Islands, Brunei, Singapore and Cambodia and is now No. 1292 in the world juniors rankings. Garcia, who is ranked No. 1465, has played in 17 tournaments since 2016. This year, he has competed in two tournaments in Cambodia and one in Hong Kong. The Philippine team will be coached by Patrick John Tierro, who will proceed to Malaysia after the World Juniors Tennis Championships in Thailand where he also served as coach of the Under 14 girls team composed of Alexandra Eala, Ma. Carmencita Carlos, and Julia Asaliah Ignacio. The SLTA will be hosting the tourney/PAGE 8

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

Monday|April 9, 2018

Environment

El Nido joint conservation agreement signed anew

esidents, government officials, civic groups, and environmentalists in El Nido, Palawan, have renewed their commitment to protect and strengthen the natural resources of El Nido, and to work together towards the sustainability of one of the Philippines’ most prized tourism destinations. The Department of Environment and Natural Resources (DENR), through El Nido-Taytay Managed Resource Protected Area (ENTMRPA) Superintendent Alexander E. Mancio and El Nido Mayor Nieves C. Rosento signed the renewal of the Conservation Agreement for El Nido. “It is refreshing to see this level of commitment for the protection of our environment coming

from our stakeholders,” Environment and Natural Resources Secretary Roy A. Cimatu said. “This covenant that our officials signed, together with the local government, non-government organizations, and people’s organizations, is the right step toward achieving sustainability in El Nido, one of the most beautiful and most biodiverse ecotourism destinations in the Philippines,” he added. Signing the agreement with Mancio and Rosento were Malampaya Foundation, Inc. (MFI) President Belinda C. Racela, Barangay Bucana Chairman Aracel A. Bacolod, Barangay Buena Suerte Chairman Ricky C. Ballena, and the people’s organizations Pagkakaisa Pagtutulungan Kalikasan Pakaingatan Ecotourism Service Cooperative (PPKPESC) of Brgy. Buena Suerte, and Samahan ng Nagkakaisang

Magsasaka, Mangingisda, at Kababaihan Tungo sa Maunlad na Kinabukasan ng Pamayanan (SANMKAP) of Brgy. Bucana. PPKPESC was represented by its chairman, Policarpio P. Ramos, Jr., while SANMKAP was led by its president, Plenie Candelario. “This partnership aims to implement and sustain ecotourism and other livelihood activities for the people of El Nido. MFI will train and provide livelihood programs for the people, while our local officials, together with the local government, will support them,” Cimatu said. The MFI provides livelihood and ecotourism training through its two flagship programs, the Barangay Aquatic Habitat and Underwater Regeneration Assistance (BAHURA), and the

Livelihood Alternatives and Mariculture-Based Assistance Program (LAMBAT). The BAHURA program helps local communities implement coastal resource management plans as well as environment-friendly alternative livelihood. Meanwhile, LAMBAT offers trainings to locals to help them acquire new skills, such as for environmentally-friendly mariculture or carpentry. Under the agreement, the parties also resolved to implement and maintain programs aimed at protecting the environment, including the establishment and maintenance of Materials Recovery Facilities, tree and mangrove seedling nurseries, scheduling regular coastal and sea cleanup activities, and cooperatively guarding and patrolling the seas and forests of El Nido. Cimatu said that the

Eighteen (18) individuals, organizations, government agencies and local government units who have gone above the call of duty to save the world’s most precious natural resource —water— were honored at the World Water Day Awards 2018. This brings to 54 the

total number of honorees since the awards program started in 2015. The awarding ceremony, held at the Novotel Hotel in Cubao, Quezon City was the highlight of this year’s national celebration of the World Water Day on March 22, with the theme

“Nature for Water.” The awards program was organized by the Department of Environment and Natural Resources, the Society for the Conservation of Philippine Wetlands, the Department of Public Works and Highways, the Laguna Lake Development

Authority, the Pasig River Rehabilitation Commission, the National Water Resources Board, the Local Water Utilities Administration (LWUA), and water concessionaire Maynilad. Here is the complete list of the awards and honored/PAGE 8

18 ‘water champions’ honored at World Water Day Awards 2018

ROAD BEAUTIFICATION. Department of Public Works and Highways-National Capital Region (DPWH-NCR) workers undertake a rehabilitation and beautification project of the center island along Roxas Boulevard Cor. MIA Road in Parañaque City held on Friday (April 6, 2018). (PNA photo by Gil Calinga)

conservation agreements signed in El Nido go hand-in-hand with the mission of Task Force El Nido to save and protect the area, known for its beautiful islands, spotless beaches, crystal clear water, and towering limestone cliffs. The task force is composed of the DENR, the Environmental Management Bureau,

the Palawan Council for Sustainable Development, and the El Nido local government. El Nido is part of the El Nido-Taytay Managed Resource Protected Area, a 90,321-hectare key biodiversity area protected under Presidential Proclamation 32 signed by then president Joseph Estrada in 1998.

STATEMENT OF SECRETARY ROY A. CIMATU ON BORACAY

THE PRESIDENT HAS SPOKEN. BORACAY WILL BE CLOSED TO TOURISTS BY APRIL 26. THE INTER AGENCY TASK FORCE IS FINALIZING THE COMPREHENSIVE ACTION PLAN TO PROPERLY ADMINISTER THE CLOSURE. ON THE PART OF THE DENR, OUR TASK TO CLEAN UP AND MAKE BORACAY A LIVABLE COMMUNITY AND AN ENHANCED TOURISM DESTINATION WILL BE CONTINUING EVEN BEYOND THE 6 MONTH CLOSURE PERIOD. WE WILL MAKE SURE THAT BORACAY’S WATERS WILL CONSISTENTLY PASS INTERNATIONAL WATER QUALITY STANDARDS. WE WILL FAST TRACK THE IMPROVEMENT AND COMPLETION OF THE DRAINAGE AND SEWERAGE SYSTEMS. RESIDUAL AND BIO WASTE WILL BE DISPOSED OF THROUGH ECO FRIENDLY TECHNOLOGIES WHILE STAKEHOLDERS WILL BE RETRAINED ON SOLID WASTE MANAGEMENT. THE WETLANDS WILL BE REHABILITATED. ILLEGAL STRUCTURES, PILED UP DEBRIS, SEDIMENTS AND INVASIVE ALIEN SPECIES WILL BE REMOVED FROM THESE LIFE GIVING AREAS. THE FOREST WILL BE RECOVERED AND PROPERLY TAKEN CARED OF. WE WILL ESTABLISH THE BORACAY ISLAND HABITAT IN BARANGAY YAPAK TO SERVE AS NESTING GROUND FOR TURTLES. WE WILL ENSURE THAT PUKA BEACH WILL REALLY HAVE PUKA SHELLS. WE WILL CONTINUE TO GO AFTER VIOLATORS AND WILL MAKE SURE THAT THE ESTBLISHMENTS W I L L TA K E C O R R E C T I V E M E A SU R E S I N ACCORDANCE WITH STANDARDS. WE ARE AWARE OF THE NEED TO BALANCE THE ENVIRONMENTAL AND SOCIO ECONOMIC REQUIREMENTS AS WE UNDERTAKE THE CLOSURE. THAT IS WHY WE ARE PROPOSING THE EXPANSION OF THE TASK FORCE TO INCLUDE ALL AGENCIES WHICH WILL TAKE CARE OF THE OTHER CONCERNS. THESE WILL INCLUDE THE DOLE, DSWD, TESDA, DOE, DOTR, DPWH AND EVEN THE DEPARTMENT OF HEALTH. INDEED, MUCH NEEDS TO BE DONE. AFTER MANY YEARS OF UNBRIDLED EXPANSION AND THE INFLUX OF MASS TOURISM WE NEED TO RESTUDY THE MASTER PLAN NOT ONLY FOR BORACAY BUT THE ENTIRE PROVINCE OF AKLAN AS A PRIME TOURISM DESTINATION SO THAT THE JEWEL THAT THE ISLAND HAS BEEN KNOWN TO BE REMAINS A JEWEL WITH PROPER AND RESPONSIBLE CARE. WE ENJOIN ALL CONCERNED TO ASSIST IN THIS ENDEAVOR. LET US WORK TOGETHER TO MAKE BORACAY A LIVABLE COMMUNITY: A BETTER, CLEANER AND SAFER DESTINATION WE CAN ALL BE PROUD OF.

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

Monday|April 9, 2018

JLSS qualifiers report their input on Humanizing the scholars and I Have a Dream for Myself and for the Nation

New S&T scholars from Oriental Mindoro take part on the “Filipino Patriot Scholars” project & JLSS orientation and contract signing By Linel Anne S. Maje

Nine (9) new 2017 Junior Level Science Scholarship (JLSS) qualifiers from Oriental Mindoro participated in the Orientation on the “Filipino Patriot Scholars Project” held on February 9, 2018 at Mindoro State College of Agriculture and Technology (MinSCAT) in Calapan City, Oriental Mindoro. The orientation, spearheaded by the Department of Science and Technology – MIMAROPA, through the Provincial Science and Technology Center (PSTC)

– Oriental Mindoro, was conducted to introduce to the newly qualified S&T scholars the “Filipino Patriot Scholars Project” – a DOST-Science Education Institute (SEI) initiative that aims to foster patriotism among the scholars and instill in them the value of leadership, excellence, social responsibility, and service to the Filipino people. The project was formed in compliance with Article II Section 17 stating, “The state shall give priority to education, science

Honored...

winning over Kazakhstan, 2-1. In the semifinal round, Malaysia defeated Indonesia, 2-0, to advance against Hong Kong, a 2-1 winner over India, in the play-off for ninth place. Indonesia and India will face each other for 11th place. Sri Lanka outclassed Lebanon, 3-0, to advance against Uzbekistan, which won over Kazakhstan, 2-0, in the battle for 13th place. Lebanon and Kazakhstan will be fighting for 15th place. (PNA)

from page 7

winners for this year: Wate r C ons e r v at i on Education Award: Unilever Philippines Water Leadership Award: Manila Nor th Tollways Corporation and Kagawad Annie Baluyot of Barangay Ugong, Valenzuela City Kawal ng Kalikasan: Engineer Reynaldo Valdrez Rosario and Technical Working Group on Solid Waste Management Policy Kampeon sa Lawa: Better Tunasan River Army; Cabuyao River Protection Advocates; Tanaw de Rizal; and Mr. Mandy Mariño Kampeon ng Katubigan: Villar Sipag Foundation Huwarang Alagad ng Ilog Pasig: Philippine Coast Guard Water-Wise City Award: City of Taguig Water Warrior Award ( W WA ) f o r C a p a c i t y Building: Lydia Codiñera WWA for Environmental Sustainability: Mr. Allan Chua W WA f o r I n d u s t r y Leadership: Engineer Ma. Teresa C. Combatir Huwarang Lingkod Tubig: Metropolitan Naga Water District (Luzon); Silay City Water District (Visayas); and Butuan City Water District (Mindanao)

Netters... from page 6

Korea for the seventh and eighth places. Meanwhile, Ma laysia outplayed Sri Lanka, 2-1, and Indonesia demolished Leba non, 2- 0, in t he quarterfinal round of the play-off for ninth to 16th places. Other matches saw India posting a 2-1 victory over Uzbekistan and Hong Kong

Tourney... from page 6

Junior Davis Cup Asia/ Oceania Final Qualifying tournament for the sixth time. S LTA p r e s i d e n t , Dato Patrick Liew, said the tournament will be interesting because the Top 3 players from each country will participate. “It has always been our pleasure to host this event because it is more easy to manage the players and officials because this is a inter-team competition. The players and officials have to display a high level of discipline and sportsmanship as they are representing their respective countries,” Liew was quoted as saying in an article that appeared in the Borneo Post website on April 7. A total of 16 countries are participating in the Junior Davis Cup Asia/Oceania Final Qualifying. These are Australia, China, Taiwan, Hong Kong, India, Indonesia, Japan, Kazakhstan, South Korea, New Z ealand, Philippines, Singap ore, T h a i l a n d , Uz b e k i s t a n , Pakistan, and Pacif ic Oceania. The tournament format is a best-of-three tie comprising two singles and one doubles matches. (PNA)

and technology, arts, culture, and sports to foster patriotism and nationalism, accelerate social progress and promote total human liberation and development.” The orientation was divided into two modules— “Humanizing the Scholars” and “I Have a Dream for Myself and for the Nation”. In “Humanizing the Scholars” module, the students are encouraged to explore their strengths, values, attitudes, and motivations in life to serve as springboard for understanding the concept of patriotism, state building, and nation building. On this module, scholars were asked to identify the use of one body part in solving societal problem. “I Have a Dream for Myself and for the Nation” module, on the other hand, focused on the scholar’s personal goals and dreams for the nation which they were able to express through the Scholar’s Dream Wall. This module aims to help the scholars understand that having dreams open more opportunities to build

Junior Level Science Scholarship (JLSS) qualifiers and their families a sustainable future. After the orientation, a contract signing for the 2017 JLSS qualifiers was conducted to welcome the newest set of DOST scholars from Oriental Mindoro. The new scholars were also informed on the scholarship policies, privileges, and service obligation after graduation. JLSS is an S&T scholarship program for third year college students enrolled in S&T Priority courses. One of its component is the “Fast-Tracked Science and

Technology Scholarship Act of 2013” that aims to encourage more young minds to build a teaching career in Science, Technology, Engineering and Mathematics (STEM). Scholars under this program are entitled to two to three years scholarship benefits including tuition subsidy, book allowance, and other school fees.After the orientation, a contract signing for the 2017 JLSS qualifiers was conducted to welcome the newest set of DOST scholars from Oriental

Mindoro. The new scholars were also informed on the scholarship policies, privileges, and service obligation after graduation. For more information about the JLSS Scholarship Program and The Filipino Patriot Scholars Project you may contact DOSTMIMAROPA at (02) 837-2071 loc 2092 or 2093 or email us at mimaropa.dost4b@gmail.com or tap DOST-SEI at (02)839-0083 or seischolarships@gmail.com. (DOST Region 4A, S&T Media Service)

Gil Macaibay III presents first leg of Strike a Pose 5 By MARK FRANCISCO

It’s that time of the year again when Prince of Haute Couture Gil Macaibay III unleashed Strike A Pose 5, a six-session workshop for budding models here. The graduation recital for Strike A Pose 5 was held last Saturday at Centrio Mall featuring a total of 30 wouldbe model for the first leg of Macaibay’s annual summer workshops. Featuring the couture of guest designers Mavy Cooper de Leon, Juniel Doring, Joshua Guibone, Mark Christopher Yaranon, Albert Rivera, Spruce and Macaibay himself, the entourage featured influences of religious and liturgical clothing on fashion just in time for Holy Week. The models underwent grueling sessions last March 11 and 18 for five hours each, disciplining themselves and learning to walk a real model’s way under the tutelage of Macaibay himself. Macaibay started his passion at a young tender age of 16, long before achieving his current title as Prince of Haute Couture in this part of Mindanao. Orders for his designs grew so much that Macaibay decided to put up his own shop – the Gil Macaibay Fashion Studio – in 2006 and still exists at the very same spot to this day – 1255 Macaibay Compound, Bolonsiri Road, Camaman-an, Cagayan de Oro City.

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

Monday|April 9, 2018

PEZA... from page 3

PEZA locators,” the MC states. “With some local suppliers already incorporating the VAT on their sales of goods/ services to ecozone customers, PEZA sought clarification from the Department of Finance (DOF) as to whether the said veto applies to PEZA locators.” In its reply, the DOF informed PEZA that the TRAIN law does not affect the current zero rating of sales of good and services to PEZA locators. “Accordingly, Section 8 of Republic Act 7916, otherwise known as the ‘Special Economic Zone Act of 1995’, which provides that special economic zones are to be operated and managed as separate customs territory, has not been amended or repealed by the TRAIN law,” says the MC. As su ch , t he me mo adds, “the VAT zero rating incentive being enjoyed by PEZA locators shall remain in full force and effect” until a law or revenue regulation is passed or issued amending these provisions. This means suppliers to PEZA entities can continue to apply zero percent VAT on their qualified sales, subject to presentation of the PEZA certificate of VAT zero rating valid for the period. PEZA entities, on the other hand, should secure their VAT zero rating certificates from PEZA and furnish a copy to their suppliers.

Snacks... from page 3

at cleaning up their eating habits to reduce, delay or reverse these preventable diseases,” said Nielsen, referring to diabetes, stroke, and heart disease in particular. In Vietnam, for instance, healthy food drinks are all the rage. Said the report: “By the third quarter of 2017, the category grew by 10.3% and it’s now one of the fastest growing in the country.” Another trend is the growing impor tance of the “on-the-go” snacking category, which grew 10% in the U.S. between 2012 and 2016. In the U.S., companies have fou nd su c c e ss i n the “snackable” fruit and vegetable category, such as grapes or baby carrots. These portable produce items are then repackaged into individual servings. Think: dried fruit and nut snack packs, small fresh smoothies and fruit cups, suggests the paper. “This is just one example of how companies can rethink the category. Snacks have the benefit of sitting at the corner of healthy and indulgent. This gives companies the opportunity to innovate across this spectrum-and combine local preferences and convenience.” Finally, the report is predicting the further growth of online purchases of snacks:

“The snacking category is the ultimate convenience food, which makes it a natural candidate for online retail, as this offers consumers better variety, bulk discounts, and the ease of home delivery.”

Immersion... from page 4

(Paging Secretary Manny Piñol). So they decided to raise funds on their own. The students started selling yema and yema tarts inside the UST campus. Pamela Jane C. Carreon , who knew how to do makeup, used her skills to earn a little more for the project. All the while, the students distributed leaflets (Yema and Yema Tarts for a Cause, Hair and Make-up Services for a Cause) explaining the purpose of their fund-raising campaign. Before long, the campaign began to catch attention. The big break came when multiawarded DZBB Anchor Mike Enriquez invited the students to his teleradyo program. I fortunately caught the interview on radio. Listening to these ver y idealistic students, ages 19 toi 21, was very uplifting for me personally. The response by listeners was overwhelming, confessed project leader Ira Yochabel Alog Alonzo. In their facebook account, Project Hatid sa Kabuhayan at Kaunlaran, Ira later gave an update on the project: “Our team, Team V, visited Sitio Batanes, Barangay Maligaya, Dinalupihan, Bataan last April 2 to canvass t he pr ices of avai lable carabaos in the area and to procure materials such as plows. “With your help, we were able to acquire the first two carabaos and three plows as accessories to make the work of the Ivatan farmers of Mt. View Upland Farmers Multi-Purpose Cooperative, Inc. more convenient and efficient. “We wholeheartedly thank those who have been donating and sponsoring this project. Your help is invaluable to the success of this endeavor.” A subsequent post indicated that Agriculture Secretary Manny Piñol later invited the students to his office where they had a very fruitful meeting. Go USTE! Generous readers may want to text Ira Yochabel Alog Alonzo at 0917 306 5438 to find out how they can help. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

Worrying... from page 4

Imagine, we have time and opportunities to do almost anything. So why haven’t we done it? We have the freedom of bondage or restraint, every one of us in his or her very special unique way - but, we’re still our old inferior selves. The job is boring. I don’t get a good job. The house is

an un-pleasend mixture of tidy and dirty things. It’s a mess. I’m not in the mood to arrange my garden. I can’t afford a gardener. That’s life. How sad. No, it’s not my fault; or course not. The w hole world is an awful place filled with d re a d f u l a n d h o r r i b l e negativism. Yes, I confess, I’m also surrounded by many worriers who put their fears into me. Politicians, i.e., many times love to search for some grave alarm that will cause individuals to abandon their sperate concerns and act im concert, so that politicians can wield the baton. Calls to fatal struggles and fights are forever being sounded. The over-bearing person, who tyrannizes the weak, who wants to domineer and to bluster, is simply nothing else than a worrier, who claims to be a friend. But he isn’t. Really not! The bullying of fellow citizens by means of dread and fright has been going on since Paleolithic times. The night wolf is eating the moon. Give me silver and I’ll make him spit out. Well, when will we start counting our courage and not our fears, or enjoy instead of our woe? Worrying itself is p oint less.Of cours e, no society has achieved perfectly rules of law, neverending education or unique responsible governments. Let’s seek out the worries but avoid the worriers, because they try to avoid liberty. If you are still worrying right now about something, try to read Jeremiah 29:10-14 or Revelation 21:1-8, just to mention these two. It works. +++ Email me: doringklaus@ gmail.com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicalmusic.blogspot.com .

Proofs... from page 4

per Matthew 1:21 likewise, what “Jesus” means is that, “salvation of God for His people.” On account of what we have been discussing here, there should no longer be any doubt that God, in His manifestation as the Father, graciously provided proofs that He is Jesus, and that He was the one that came to earth and crushed the sinfulness that the serpent cast on mankind, because of His having received in Himself the penalty for the sins of man. He did this because He loved the world greatly. Thank God in the Name of Jesus, Amen! -ooo FOR QUESTIONS, REACTIONS: If anyone would like to ask me any question about what the burning issues of the day mean, or what we have discussed here, or to consult on any problem, whatever it maybe, please call 0917 984 24 68, or email me at batasmauricio@yahoo. com, or post your concerns at www.facebook.com/attybatas. Promise, I will answer right away. Thank God in the Name of Jesus, Amen!

Inflation... from page 5

house, 2.7 percent; and health, 2.4 percent. With inflation in the third month of the year already above the full-year target, Espenilla is still mum for a definite adjustment in the central bank’s key rates but stressed that “we are closely monitoring the situation.” “ The coming task of the MB (Monetary Board) is to carefully evaluate the appropriateness of a measured policy response to firmly anchor inflation expectations in line with our forecast that inflation target will continue to be met in 2018-19,” he said. “This can allow as well for orderly adjustment in market rates and in the peso,” he added. In a st ate m e nt , t he BSP forecasts that average inflation this year will touch the upper end of the inflation target, but it will decelerate to the midpoint of the target next year. “The elevated path of inflation in 2018 along with rising inflation expectations will be continually assessed to guard against potential second-round effects from developing and inflation becoming broader based,” it said. The statement, however, noted that “nonmonetary measures such as institutional arrangements in setting transportation fares and minimum wages, unconditional cash transfers, as well as transport subsidies are expected to help mitigate these inflationary impulses.” It also said that “proposed reforms in the rice industry could also help temper price pressures.” “ The BSP’s de cision on the monetar y policy stance will remain datadependent. The BSP will remain vigilant in evaluating price conditions and is ready to take appropriate measures as necessary to ensure that inflation over the policy horizon remains consistent with the target,” it added. Meanwhile, ANZ Research expects the BSP to keep rates steady this year amid the sustained rise of inflation rate. In a research note, the research arm of ANZ said average inflation to rate is a tad lower than the central bank’s 3.9 percent forecast for the year but the research firm projects a higher average rate of 4.1 percent. “We believe that the BSP will stay on hold through 2018,” it 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

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

Monday|April 9, 2018

Francisco F. Guerra III, chairman of the Xavier Ateneo Board of Trustees, relates his college experience living in a dormitory. photo by mike baños, npn

Xavier Ateneo President Fr Roberto C Yap welcomes the topping off of the ALGCIT Program Dorm 1

Xavier Ateneo tops off ALGCIT Dorm 1 3-Yr Program for Poor yet Deserving Students pursuing SHS Tech-Voc Track

By Mike Baños

indanao’s first university used the birthday of its Patron saint for the topping-off ceremony of the Dorm 1 for its Andrew L. Gotianun, Sr. Center for Integrated Technologies (ALGCIT) at Manresa Complex, Fr William Masterson Avenue, Upper Balulang, Cagayan de Oro City.

“It is significant to note that we are able to hold the topping-off of the Dorm 1 of this ALGCIT program on the 7th day of April, the birth date of St Francis Xavier, patron of our University and the universal Church’s patron of all missions,” said Fr Roberto Yap, University President. “On this day we renew once more our commitment to our mission of forming men and women of character, men and women for others, with the financiallychallenged yet deserving students taking a special place in our hearts such as what we do in this ALGCIT program,” he added. Dorm 1 is the first to be constructed among a series of new buildings of its XU-Andrew L. Gotianun Sr. Center for Integrated Technologies (ALGCIT), a

special Senior High School for poor but deserving students pursuing three-year cutting edge technical specializations. A brainchild of the partnership between Xavier Ateneo and the family of the late Mr. Andrew L. Gotianun, Sr., led by his son Mr. Jonathan Gotianun, XUALGCIT is designed to be a free boarding school yet envisioned to become an ivy leaguer in the senior high school techvoc arena. “This project has also challenged the university to rethink its concept of its SHS Tech Voc track and catalyze its transformation to become a premier Tech Voc Senior High School,” said Dr. Dulce R. Dawang, Vice President for Basic Education. “After two years of discussions, planning, worrying and strategizing,

Xavier Ateneo President Fr Roberto Yap takes first dibs during the Topping-Off Ceremony for Dorm 1 of the ALGCIT Program April 7, 2018 at the Manresa Complex.

and while still more preparations are being made, ALGCIT is definitely well on its way to implementation,” Dawang noted. “The topping off ceremony symbolizes the actualization of these plans. Next month we will already be starting the training of the first cohort of students, the 160 recipients of the ALGCIT scholarship. We are all excited to witness this tremendous boost in our Tech Voc SHS,” she added. “We are

extremely grateful and awed at the unequalled generosity and friendship of the Gotianun family,” Fr. Yap said. “May you find our journey encouraging and inviting, and may the joys, hope and thanksgiving of Easter inspire you to continue sharing with others through Xavier Ateneo the gift of abundance from the Risen Lord!” Besides the new Senior High School buildings, the university also recently inaugurated and blessed its new

Xavier Ateneo Sports Centre in its Grade School Pueblo campus. Mr. Francisco F. Guerra III, Chair, XU Board of Trustees, said he was elated at how the ALGCIT program was starting off with Dorm 1, reminding him of his four years in college when he also lived in a dormitory. “When you live in a dormitory, the education has increased a thousand fold because the foundation of learning in a classroom is not only

multiplied so many times by living with 160 other people, in the dormitory,” he related. “And this is where we learn what it’s like to live with other people who are different from us, have different opinions, the interaction is going to be tremendous. And this is why it’s such a meaningful occasion, to start our journey with a dormitory.” The Dorm 1 building has been targeted for completion on May 31, 2018 in time for the school opening.

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

Monday|April 9, 2018

Growth...

Needs...

Ban...

institutions in conflictaffected areas. “What the report tries to achieve is reinforcement of the idea that no single project, program or reform can solve Mindanao’s challenges. It is only through recognizing the interconnectedness of the constraints and their solutions, and by planning and implementing programs and reforms in a more focused and coordinated way that our country can unlock Mindanao’s potential,” said World Bank Country Director Mara K. Warwick during the launch. She pointed out that Mindanao is home to about a quarter of the country’s population while one-third of the total number of poor Filipinos are in the country’s second biggest island. “In the long run, pro g re ss i n t h e e nt i re country depends on the growth and development in Mindanao…significantly reducing national poverty hinges on reducing poverty in Mindanao,” said Ms. Warwick, who is also World Bank country head for Brunei, Malaysia, and Thailand. Miguel Rene A. Dominguez, a former gove r n or of S ar ang an i province in Mindanao and now chair of PBSP, said the focus on agricultural development is based on the southern island’s strength. “(Agriculture) is the lowest hanging fruit,” said Mr. Dominguez, noting that while Mindanao is a major producer of agricultural goods, “unfortunately, the productivity, the yields of majority of our farmers who are small landholders or tilling our lands have remained very, very low.” The report cites: “Instead of rising agricultural productivity paving the way for a vibrant manufacturing and services sector linked to the agriculture value chain, the converse has taken place in Mindanao.” “Agriculture is not very productive except for a few export crops, manufacturing is constrained by inadequate infrastructure and the low pro du c t i v it y, l ow - s k i l l services sector has become the catch basin for excess agriculture workers who cannot find jobs in cities,” it said. Secretary Abul Khayr D. Alonto, MinDA chair, said the report is “timely and relevant to the priorities that we in Mindanao Development Authority (have) set out to pursue under the Duterte administration.” Mr. Alonto is referring to the “socio-economic development initiatives… t h rou g h t h e c or r i d or s approach spatial strategy or the Mindanao Development Corridors.” The Mindanao Development Corridors, said Mr. Alonto, aim to ensure that “development is not limited to the growth centers, but is spread out to the developing areas.”

projects and several other projects,” he said. The Mindanao reserves would thin out starting 2023 at the rate the real estate industry’s growth is going as well as the island’s annual consumption growth between 6 and 8 percent, he said. As of April 6, 2018, Mindanao has a reserve of 505 MW based on the report of the National Grid Corporation of the Philippines. Montenegro said the island would have an excess of 800 to 1,000 by 2019 as the threeunit GN Power Kauswagan Ltd. Co., a coal power plant situated in Lanao del Norte, would start delivering 540 MW next year. GNPower is a joint venture company between Ayala Corp.’s AC Energy Holdings, Inc. and Power Partners Ltd. Co. New power plants must be constructed starting 2020 to make them running and have them deliver electricity to the Mindanao grid, he added. He said there are interested investors to build new power plants but they are just waiting for proper timing “because you do not want to invest in a period with so much excess” and power generation is capital-intensive business. The Department of Energy (DOE) eyed full market operation of the Wholesale Electricity Spot Market (WESM) in Mindanao by second quarter of 2018 to address excess in power supply and enable distribution of power to areas that suffer from outages. Mindanao has an installed capacity of 3,141 MW, with 2,097 MW available capacity and average demand of 1,707 MW. The WESM-Mindanao’s p r e d e c e s s o r, I n t e r i m Mindanao Electricity Market (IMEM) dubbed as the “baby WESM”, was implemented under the Aquino administration in 2013 but was suspended in February 2014 due to a “system collapse” and the need to “resolve operational and commercial issues and concerns.” Energy Undersecretary Felix William B. Fuentebella said Mindanao grid needs the WESM Mindanao in place soon where the distribution utilities and electric cooperatives and power generators can participate in the market in accordance to the power need. He said that this is a much faster way to trade power because there is a bidding every five minutes that allows for the buying and selling of electricity, which prioritizes the cheapest energy mix of renewable and non-renewable. He said the WESM is more efficient than forging of bilateral contracts between the power generators and distribution utilities because those who cannot be served with power based on the contracted capacity will have easy access to the market to immediately fill the power gap. (Antonio L. Colina IV / MindaNews)

Bridge, Carmen Bridge, JR Borja Bridge, Maharlika Bridge, Puntod-Kauswagan Bridge, Macabalan-Bonbon Bridge and MacasandigBalulang Bridge. If the ordinance goes into fruition, it could potentially affect the businesses of the families of a congressman and a councilor, who are i nt o o ut d o or s i g n a g e s and advertising. The congressman’s son is also a City Council member. Maharlika Bridge in particular is being littered with dozens of billboards. According to Daba in his proposal, the regulated areas must be designated “to preserve the natural beauty, cityscape and skyline of Cagayan de Oro.” D ab a a ls o prop os e d that all outdoor signages be made of incombustible materials and must be strictly checked in accordance with the National Structural Code for Buildings, the Fire Code of the Philippines and the National Electrical Code. Under the proposal, adjacent billboards must be erected in such a way as to maintain 200 meters unobstructed line of sight.

from page 1

Progress... from page 2

development. She cited as an example, the country’s gross domestic product (GDP) per capita at USD2,953. However, in Mindanao, the GDP per capita is only USD1,800 while the Autonomous Region in Muslim Mindanao (ARMM) is only USD576. “Such regional disparities are further reinforced by the human development indicators in Mindanao with the greatest challenge in ARMM,” Warwick said. She said that more than half of ARMM’s population are poor and more than half of its employed population are in agriculture with 80 percent of them working as subsistence farmers, living precariously from crop to crop. Wa r w i c k s a i d t h e recommendations are either under various stages of implementation or in t he pipeline of projects prepared by MinDA, other government agencies, and the local government units. A number of the projects are also supported by WB and other development partners. “What the report tries to achieve is a reinforcement of the idea that no single project, program or reform can solve Mindanao’s challenges,” she said. “If we all work together -- t he govern ment, t he private sector, civil society, and development partners -- Mindanao’s potential today can be unlocked for a more vibrant Mindanao tomorrow where Filipinos will have better chance to have better life,” she added. Warwick said the World Bank Group partnership strateg y for the country focuses on scaling up support for peace-bu i ld i ng a nd

development in Mindanao. World Bank is supporting the government’s program to raise agricu ltura l productivity and improve connectivity from farm to market, boost education, skills and employability of the youth, and help build resilient communities. On t he ot her ha nd , MinDA chairman Secretary Datu Hj. Abul Khayr Alonto vowed to pursue projects and programs for Mindanao under the administration of President Rodrigo R. Duterte. Alonto said it has been two years of talking about projects and it is now time to implement the projects detailed under the Philippine Development Plan of 20172022. He e mp h a s i z e d t h e need to spu r ac t iv it ies more efficiently with the support of all stakeholders to achieve the objectives set in the Mindanao Jobs Report. Alonto sees Mindanao’s agriculture and agri-based i ndu st r ie s a s t he most prominent economic drivers. The MinDA chairman is also banking on Mindanao’s growth corridor strategy, wh ich wa s desig ned to improve inf rastructure, enhance linkages between growing and lagging regions, and ensure balanced growth. This would lead to greater connectivity that can reduce transportation costs and improve the competitiveness of small farmers and other producers. Alonto said there are a lready 35 projects that facilitate the movement of

people, goods, and services, such as ports and airports improvements, roads, and bridges that are given priority for national government funding. He s a id 21 pr ior it y projects have a funding of PHP17 billion. “It i s h i g h t i me t o implement (these projects), not only to propel Mindanao but to provide jobs,” Alonto said. (Lilian C. Mellejor/ PNA)

Aerospace... from page 2

Aerospace Industries Association of the Philippines (AIAP) Chairman John Lee echoed that the growth of the local aerospace industry is coming from the robust global demand. Lee added that about 35 percent of the aircraft demand will come from ASEAN. He said there is also a need to increase human resources

in the aerospace industry to meet the sector’s demand. The private sector official mentioned that one aerospace firm is needing 18,000 aviation mechanics within ASEAN to boost its operation. The f irst e dit ion of Aeromart Summit Clark – Philippines will be held from June 4 to 6, 2018 at the Widus Hotel and Casino. The summit, supported by the DTI, the Aerospace Industries Association of the Philippines (AIAP), the Department of Tr a n s p o r t a t i o n , C l a r k Development Corp., and the Clark International Airport Corp. is seen to gather at least 100 original equipment manufacturers, MRO companies, and airlines from 15 countries. About 1,000 business-to-business meetings were expected to take place during the summit. (PNA)

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL SUR 12TH Judicial Region Hall of Justice, Marawi City OFFICE OF THE EXECUTIVE JUDGE IN THE MATTER OF THE APPLICATION FOR ACCREDITATION OF THE MINDANAO DAILY NEWS PUBLISHING CORPORATION TO PUBLISH JUDICAL AND LEGAL NOTICES AND OTHER SIMILAR ANNOUNCEMENT,

SPL. Proc. No. ________

MINDANAO DAILY NEWS PUBLISHING CORPORATION, Applicant. -------------------------------------------------------------------------------------------------/ ORDER Before this Honorable Court is the application for accreditation of MINDANAO DAILY NEWS thru Mindanao Daily News Publishing Corporation, represented by its President Dante M. Sudaria, to publish judicial and legal notices and other similar announcement. The application alleged among others that the applicant is duly registered with the Security Exchange Commission (SEC) under Certificate no. CS201531735, with the principal page of business at Abellanosa St., Consolacion, Cagayan de Oro City. The publication of its first issue in JULY 17, 2012. It carries commercial display advertising. It does not merely reproduce or reprint news pages of other newspaper or periodicals within the Mindanao Region but also publishes original news items coming from its several bureaus located throughout Northern Mindanao. It is fully qualified to publish legal and judicial notices as provided for under the provision of PD1079. That the publication rates to be charged on client are in accordance with the rates of Misamis Oriental as per Copurt Order dated April 17, 2007 in the case of IBP Misamis Oriental –vs- Misamis Oriental- Cagayan de Oro Association of Publishers. To Substantiate the applicant for accreditation, applicant attached three (3) sample copies of the newspaper’s or periodical’s printed for legal and judicial notices following the requisites prescribed by section 4 of P.D. No.1079; copy of an issue of the newspaper containing commercial advertisements published in the last twelve (12) and rate of the advertisement; certified true copy of a contract or insertion order or invoice describing the size and rate of the advertisement; and certified true copy of the newspaper’s official receipt showing payment per contracted advertising rate. WHEREFORE, premises considered, after having satisfactorily established that it has complied with the requirements of A.M. No. 01-0-07 SC, and considering that there is/are no other qualified applicants to be accredited, the application of the MINDANAO DAILY NEWS is hereby granted. Accordingly, the MINDANAO DAILY NEWS is hereby allowed to publish Judicial and Legal Notices and other similar announcements of this Court in accordance with the requirements of A.M. no. 01-0-07 SC for a period of FIVE (5) years from November 9, 2017 to November 9, 2022. SO ORDERED. This 8th of November 2017, Iligan City (For Marawi City) BWM: March 26, April 2 & 9, 2018

(SGD.) WENIDA B. M. PAPANDAYAN Executive Judge

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

Monday|April 9, 2018

IDC Supports Batangas Developments “We are indeed excited for Sto Tomas Batangas’ developments. With IDC’s goal in building a sustainable development in all emerging cities across the country, we believe that the position of Miramonti perfectly fits that objective. Batangas is rich in tourist spots, culture, and history and we are honored to build our first project in Luzon in Sto. Tomas” Romolo Nati explained.

City according to Bureau of Local Government Finance (BLGF). Sto Tomas Batangas is known for its competitive tourism, wonderful cultural heritage sites, colorful fiestas and irresistible delicacies. With its flourishing communities and natural wonder, it is no doubt that Batangas is dubbed as one of the richest provinces in the country. The province of Sto Tomas, which is known for its he Senate of green movement, the Philippines shares the same approved the passion with IDC’s third and final sustainable goals. reading in turning “As a company Sto Tomas, Batangas aimed to bring into a component sustainable projects city last March in emerging cities 19, 2018. It was in the country, testified that the we believe the annual average booming town income of the of Sto. Tomas in province is at more Batangas is an than 230 million, ideal location for which makes it our first sustainable more than qualified project in Luzon. In for the conversion fact, environmental into a Component protection is a

topmost concern of the province which perfectly fits to our ambition,” Nati added. Miramonti, which means “facing the mountains” in Italian, is IDC’s first development in Luzon. Miramonti will harness green strategies with its distinctive Italian design. The

Miramonti project is designed to consist of three towers to be developed in two phases. The first phase will be a 21 storey tower, sitting atSop a podium structure, to be built on a prime commercial lot in Sto Tomas Batangas. The development will harness the best

principles of passive cooling technology. Miramonti ensures safety as well as reduced overall energy consumption of end users and maintenance of the building. Miramonti is developed by publicly listed real estate developer Italpinas Development

Corporation (IDC). Founded by Arch. Romolo Nati (Chairman and CEO) and Atty. Jose D. Leviste III (President), IDC is a young ItalianFilipino company focused in sustainable property developments in emerging cities across the Philippines.