BusinessWeek Mindanao (August 11, 2017)

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BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 28

Market Indicators

As of 5:00 pm August 10, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.79

7,985.83

X

22 cents

0.68

X

points

Briefly Declining mango MANGO growers in Mindanao still see hope to recover from the declining industry with the government’s commitment to provide needed support to farmers. Department of Agriculture (DA) Secretary Emmanuel Piñol even expressed optimism to the revitalization of the country’s declining mango production through technology application, financing, and marketing. He noted that the production of the Philippine mango has plummeted from over 1.5-million metric tons in previous years to only a little over 800,000-metric tons last year.

Cacao congress As the country needs to upgrade its cacao industry to be able to compete in the global market, the Philippines will be hosting another international cacao congress in Davao City in December. Philippine Cacao Industry Council chairperson Valente Turtur said they will be inviting more traders from other countries as the local industry needs current updates and inputs from these foreign players on how to enhance the production and move up to the international market. Turtur made the statement on Wednesday as they wrapped up the National Cacao Congress at the Grand Convention Center here. “We need to be in the global competition, that’s why we need more inputs from global players,” Turtur said. “We need to penetrate the international market.”

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DOF targets P30-B bond float for Marawi rehab www.businessweekmindanao.com

Friday | August 11, 2017

F

I NA N C E S e c r e t a r y C a r l o s Dominguez III has directed the Bureau of Treasury (BTr) to study the possible issuance of P30 billion-worth of debt securities to fund the planned massive rehabilitation and reconstruction effort for Marawi City.

DE-HUSKING COCONUT. A farmer manually de-husks harvested coconuts at a farm in Amparo, Butuan City. Coconut production plays an important role in the national economy of the Philippines. According to figures by the Food and Agriculture Organization of the United Nations, it is the world’s largest producer of coconuts. photo by jun ayensa

Dominguez said the “Marawi” bonds would appeal to the “patriotic” sense of duty of citizens, who would like to help rebuild the lives of their fellow Filipinos in Marawi. “These are what you would call ‘patriotic’ bonds to help augment the funds that the government has set aside for Marawi’s rehabilitation,” Dominguez said at a recent DOF executive committee (Execom) meeting.

Dominguez asked National Treasurer Rosalia de Leon at the Execom meeting to study the tenor or length of maturity of the bond, which could possibly be for 20 years. In a separate statement, D e p ar t me nt of Bu d ge t and Management (DBM) Secretary Benjamin Diokno said the government would release at least P15 billion to rehabilitate Marawi in rehab/PAGE 11

Online real estate marketplace offers help to Davao brokers By ANTONIO L. COLINA IV, MindaNews

D AVA O C i t y – T h e Philippines’s largest real estate online marketplace, Lamudi, has offered help to Davao City-based licensed brokers by gearing them up for digitization and promote

the promising real estate industry here. Lamudi Group managing director Bhavna Suresh Chathambeth told reporters Wednesday that she believes the online marketplace can

provide the licensed brokers another way of reaching out to their target market in a more convenient manner. “We constantly educate our brokers and partners by sending them information about how to get more queries help/PAGE 11

DISPLACED. A woman looks distress outside the evacuation center after fleeing home in the hinterland village of Opol, Misamis Oriental where there were reported sightings of New People’s Army. photo by gerry lee gorit

Mining firm fixes damaged irrigation dikes helping farmers plant rice again By CHRIS V. PANGANIBAN, Contributing Editor

WATER SYSTEM REHAB. The rehabilitation of irrigation system used by 28 farmers belonging to Bayugan 3 Momong Unit Farmers Association (BAMUFA) will let them productive produce rice again.

ROSARIO, Agusan del Sur -- Some 20 small rice farmers in the village of Bayugan 3 are expected to improve their production in the coming harvest season after a mining company repaired the damaged irrigation system that connected their rice fields. Atty. Raul Villanueva, President of Philsaga Mining

Corp. (PMC), saw for himself the hardships of the members of Bayugan 3 Momong Unit Farmers Association (BAMUFA) because the existing irrigation canal, dredges and dikes had already breached causing the water to overflow the road that he sent construction equipment and workers to rehabilitate it.

Because of the damaged agricultural infrastructure, BAMUFA farmers have been deprived of planting their rice in the past harvest season while children no longer attend classes at school since the road became impassable. There were 28 households affected by the swamping of the overflowing water from the damaged irrigation system. dikes/PAGE 11

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Economy Construction of P9-B new Zambo airport pushed

Z

AMBOANGA City -- The long-awaited construction of a new airport in this city has been endorsed as a priority project to the national government for funding, Mayor Maria Isabelle Climaco-Salazar said Tuesday. “A n e w Z amb o ang a International Airport (ZIA) project costing P9.87 billion has already been endorsed as priority to the national government by the National Economic and Development Authority (Neda),” Salazar said. Salazar said the

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endorsement was made by the Mindanao Development Authority (Minda), citing a study that showed the existing airport in Barangay Baliwasan is no longer viable for future expansions, thus, the need for a new airport location. A new airport location is also necessary due to the increasing air traffic and accelerating growth of this city in the Western Mindanao Development Corridor, being one of the country’s primary gateways to the Association of Southeast Asian (Asean) countries.

E a r l i e r, t h e c i t y g ov e r n m e nt a s k e d t h e Department of Transportation (DOTr) to study the detailed engineering and funding source for the transfer of the airport, which is being pushed the past two decades. In Apr i l, t h e D OTr commissioned a private contractor to conduct the fourth “Feasibility Study and Master Plan Study for the Development of the ZIA.” At present, there are about three feasibility studies (FS) commissioned by the government for the new airport since 1992. The transfer of the airport from its current location to barangays Mercedes and Talabaan in the east coast has been pushed since 1996, following the development

of the Master Development Plan of this city. For years, the Regional Development Council (RDC) has been endorsing the new airport project to the national government as a priority. It was learned that at least

250 hectares of the proposed site for the new airport are owned by private individuals and corporations. The ZIA Master Plan project was prepared since 1992 by a consortium of Singaporean Consulting

Maranao leaders consultation summit held ILIGAN City -- To get the pulse of the people af fected by the Marawi conflict, a Maranao Leaders Consultation Summit was conducted at Frosty Bites Garden Hall in this city with Ulamas, Sultanate leaders, women groups, civil society organizations (CSOs), some officials of the Autonomous Region i n Musl i m Mi nd ana o (ARMM) and other sectors

as participants. Issues and concerns on Marawi City rehabilitation, as well as the situation of i nte r na l ly d ispl ace d p ers ons (IDPs) were raised to Secretary Abul Khayr Alonto of the Mindanao Development Aut hor it y ( Mi n DA ) , Secretar y Abdullah Mama-o of the Office of the Presidential Adviser for Overseas Filipino

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firms. In 2006, the then Department of Transportation and Communication (DOTC) commissioned a pre-feasibility study that also recommended the transfer of the airport. (DWTW/PNA)

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Wo r k e r a n d S e c r e t a r y Guiling Mamondiong of the Technical Education Skills Development Administration (TESDA). Secretar y Mama-o said that this initiative was pursued in order to ge t i nput s f rom t he different sectors to help the government develop a master plan for the recovery and reconstruction of Marawi City. He f ur ther said that there will be continuous di a logues involv ing a l l sectors. “We don’t think about p o l i t i c a l a f f i l i at i on or identity of the different groups. This is an open discussion for every concerned individuals,” Mama-o stressed. Johary Ayo of the CSOs s h a r e d t h at t h e y w e r e invited as government’s partner in its rehabilitation efforts for Marawi. “This partnership b e t we e n t he C S Os and g o v e r n m e nt i s c r u c i a l to find solutions to the Marawi crisis,” the CSO representative concluded.

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


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Friday | August 11, 2017

Bia na Pangapog Festival 2017 A

“A Sama Lass from Peñaplata”

smart and lovely Sama lass Lalaine Guitan from Penaplata District, Island Garden Cit y of Samal (IGACOS) tagged as “Jewel of Davao Gulf” is this year’s Bia Na PANGAPOG 2017 -the Indigenous Peoples (IPs) Thanksgiving Festival for bountiful har vest at Samal Cultural Gym last August 4. Sharing the glorious moment with her are the Bia na Caliclic from the Kagan Tribe Antonena Francine Simbajon as 1st Runner-up and Bia na Balet Ivy Mae Englis 2nd Runnerup. The eleven (11) lovely candidates essayed during the search the rich culture of the Same and Kagan tribes the culture and traditions of Indigenous Peoples who were the first inhabitants of Samal and Talicud Island. They used their native tongue as they introduced themselves with a dance representative of their wonder ful tribe while wearing their color ful tribal, cultural attire. Completing the showdown was Q and A on how they will continue to preser ve the culture, ar ts and traditions of the IPs where they belong amidst the modern civilization. All of them essayed well their answer using their rich dialect that delighted the judges and the audience which were mostly coming from the Sama and the Kagan Tribes. The Hon. Vice Mayor Orly A. Amit gave his

inspirational message based on the cour tship dance presented during the talent por tion of the show. He mentioned cour tship tradition from different tribes in the countr y where old cour tship tradition are obser ved. Like suitors can only see the tip of the fingers of the lady when visiting and dowr y are still practised. Love smitten fellow goes to the bride’s father bringing bladed weapon and offer his love through the father, in the event the father refuses death is imminent. Not like now that you can get your love through text, through meeting any where. Tribal women should have the respect and we respect their culture, ar ts and traditions. Most Photogenic award went to Bia Na Balet Ivy Mae Englis, Best in Talent, Best in Cultural Attire, Most Eloquent went to Bia na Penaplata Lalaine Guitan, Best in Tribal Attire went to Bia na Kinawitnon Raida Adimat. The equally lovely BIAs were Bia na Del Monte Mar y Grace Cer vantes, Bia na Isidro Monica Panuda, Bia na San Jose (1) Juvy Supisa, Bia na San Jose (2) Kristel Arazain, Bia na Tambo Khiela del Banua and Bia na San Antonio Earl Tagalog. Mabuhay ang mga BIAs - PANGAPOG Festival 2017, Hon. Mayor AL David T. Uy and officials of the island Garden City of Samal (IGACOS), DavNor.

Lalaine Guitan BIA na PANGAPOG 2017

Antonena Francine Simbajon 1st Runner Up

Best in Cultural Attire-Bia na Peñaplata

IVY MAE ENGLIS 2nd Runner Up

Best in Tribal Attire - Bia na Kinawitnon Raida Adimat

Indigenous Peoples (IPs) Designers Cultural Cut


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Opinion

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Wind power

HOTLINE Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Start again think a minute

jhan tiafau hurst Think a minute…How will you celebrate Christmas? With presents and Christmas songs? A big feast with your family? It’s funny how our birthday is such a big, important event to us when we’re children. We can hardly wait a whole year before our next birthday. But when we’re older, it’s the opposite. The years fly by and we seem to go “straight from pimples to wrinkles! So by the time our face clears up, our mind gets fuzzy!” They say the two greatest days of your life are the day you’re born and the day you discover why you were born. You know, Jesus Christ was born just so you and I could finally know why we were born. It’s sad that some people live their whole lives and die without ever even knowing why they were born. It’s like

doing something the wrong way all your life without ever knowing there’s a right way to do it. So it’s only natural that the one Person Who knows the right way our life works is the One Who made us. Jesus Christ, who’s God the Son, said that for us to know why we were born we have to first be born again. What did He mean by that? Simply that we each must start life all over again by asking Jesus to forgive us for our past wrongs and living our own way. Then we must let Him take full control of every area of our life every day. Jesus does not want us to have religion. He wants us to have a daily, personal relationship with Him. This is why Jesus died and came back to life: so you could be forgiven and free from your past, wrong life. He’ll show you how to start living His right, successful way everyday for the rest of your life. So why not make today the greatest day of your life? You can be born again right now, if you’ll just ask Jesus for His free gift of forgiveness and your new life. It’s the most important choice you’ll ever make, and the one you’ll never regret. Just Think a Minute…

Ruffy magbanua The answer, my friend, is blowing in the wind... THE task at hand appears to be a tall order for this young start-up power company engaged in the manufacture of highly affordable small wind turbines for residential, commercial, agricultural and rural electrification. But nope. With a ‘green he ar t and s ou l’, Av ant

Garde Innovations, led by its founder and CEO Arun George is hell bent on providing 100 per cent clean and affordable energy to over a billion people globally who are currently underserved and most imp or t ant ly, unpowered. Arun George, a young Indian entrepreneur believes his company can collectively contribute for a cleaner environment, new economic prosperity and social change globally. Their product? Low cost small wind turbine for residential and commercial use. And for the cost of an iPhone, one can now buy their wind turbine that can power an entire house for a lifetime. The size of a ceiling fan, this wind turbine can

generate5kWh/Kw per day with just a one-time cost of Php37,000. Its market launch is set this third quarter of 2017. Their goal? Eliminate energ y pover ty, reduce dependence on struggling state power grids and create energ y s elf-suf f icienc y through distributed, localized and affordable renewable energy worldwide. Avant Garde Innovations launched its pilot project in a small town in India early this year and found out that their small wind turbine is highly scalable for power capacities of up to 300 Kw or even higher. For a minimum usage, a household requires 3kW of power per day while an industry needs at least 1mW a day.

Initially, Arun George’s start-up company has already won a spot in the top 20 clean tech innovations in India and made to the list of 10 clean energy companies for the UN Sustainable Energy for All Initiative. As a local campaigner for clean and affordable renewable energy, I buy Arun George’s innovative idea because it augurs well for easy access to modern power technology through investments in clean energy by adopting successful models for rural electrification. At this juncture, how does our country fare in terms of developing wind power as alternative source of energy? Wi t h i t s f a v o r a b l e geographical location for harnessing wind as source of wind/PAGE 11

Disclosures vs. poll chair meant to oust him?

Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “… Put to death, therefore, whatever belongs to your e ar t h ly n atu re : s e x u a l immorality, impurity, lust, evil desires and greed, which is idolatry…” (Colossians 3:5, the Holy Bible). -ooo IS ANYONE OF YOU SICK? Here’s a tip for those having health issues: it is clear that having a healthy body and a healthy mind are gifts from God. This maybe difficult to understand for many, but let me put it this way. It is God who made us, and gave us our minds. It is also God who will sustain this body and this mind that are in us. So, being healthy, in our bodies and in our minds, is a matter of knowing God by reading His Bible, and

obeying carefully everything that is written therein. If we read His Bible and obey His commands, our bones will be nourished, our flesh is strengthened, and our minds are directed towards success and prosperity. Then, we should also make it a habit to raise our hands over the food we eat and the drinks we partake, in thanksgiving for God’s generosity to us, and in supplication so that the food and drinks become for us the body and blood of Jesus every time. Try these techniques each time, and you can be assured of God’s providence in our minds, bodies, and spirit all throughout your lives! -ooo D I S C L O S U R E S VS . POLL CHAIR MEANT TO OUST HIM? I already read the affidavit of Patricia Bautista detailing her alleged discoveries of the wealth of Chairman Juan Andres Bautista of the Commission on Elections, and my worst fears that the affidavit cannot be used to charge the Chairman of graft and corruption and hidden wealth are confirmed. As I already wrote here earlier, no wife or husband shall be allowed to testify

against their spouses, without the spouses’ consent, except when the case where their testimonies are to be given are their cases against one another. Here, the contemplated cases against the Chairman are not cases by Patricia versus Andy. The same thing is true with the supposed impeachment complaint. Now, if Patricia’s affidavit and testimony cannot be used in any criminal cases against her husband, and that it cannot also be used in impeaching him, why did she and her lawyers insist on executing it and making it public anyway? To pressure the Chairman to resign from the Commission would be the most likely objective! Now, who could be orchestrating the Chairman’s exit from the poll body? -ooo YES, HOMOSEXUALITY IS A GIFT FROM GOD: I can agree with the pronouncement by Brazilian Roman Catholic Bishop Antonio Carlos Cruz Santos that homosexuality is a “gift from God”. Indeed, what a person is or is not is a gift from God all the time. Yet, like any and all other gifts, whatever is given by God to us should be used solely for

His glory, and not to indulge man’s flesh and sinfulness. It is an undeniable truth that everything in this world was created by God for a good purpose, principal of which is to praise, worship, and thank Him. If what was created is devoted to praising, worshipping and thanking God, power, peace, and prosperity abounds. When anything or anyone deviates from these purposes of creation, decay and death inevitably follow. God created man and woman for each other, not man for man or woman for woman and that is what everyone should strive for. If as a consequence of the “gift of homosexuality” man deviates from his destiny with a woman, homosexuality becomes a curse, and leads to disease and death. -ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at w w w. f a c e b o ok . c om / angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Both sender and sent hints and traces

roy cimagala Since we have been created in the image and likeness of God, we have to see to it that we reflect in our life the very life of God who is one yet three persons. The dynamics of that divine Trinitarian life has to drive our life here on earth also. One consideration we can make to help us attain that

ideal is to realize that in the Trinity, it is the Father who continually sends the Son and the Holy Spirit to us. In other words, in that Trinitarian life, there is a perpetual dynamics of sending and being sent. This is what the Compendium of the Catechism of the Catholic Church tells us. “From the very beginning until the end of time, when the Father sends his Son he also sends his Spirit who unites us to Christ in faith so that as adopted sons we can call God “Father” (Romans 8:15). (137) This is also what we should try to have in our life here on earth. We have to send ourselves always to others -first, to God, and then to all the others. Like

in the Trinitarian life, we should always be doing the process of sending and being sent, that is, both the sender and the sent. So, to those of us who wonder how we can develop a relationship with God that is attentive to his Trinitarian life and activity, the idea of sending and being sent can be most helpful to us. Like the Father, we should always be doing the act of sending. In other words, we cannot be just self-enclosed, unmindful of the others. We have to reach out. We need to send something. In this case, of course, what we send is actually not just something but our own selves, just like the Father sending his own Son and the Spirit to us. We have to send the best of

ourselves. Like the Son, we have to be willing to be sent in a way that is most faithful to the sender and his will. Since the Son is the perfect bridge between God and us, that is, one that reaches both ends, God and us, and not just coming from one end and goes to the other but without reaching it, we should also see to it that we, as sent, have to come from God, reveal everything that God has meant for us to the others. In other words, like the Son who is sent by the Father, we also have to be a most faithful ambassador and the best image and message of the sender. We should try to live out what Christ told his cimagala/PAGE 11


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Banking&Finance Households to gain from tax reform — DOF friday|august 11, 2017

T

HE first P250,000 in taxable income of comp ens ati on earners will be exempted from the personal income tax (PIT) under President Durterte’s proposed Tax Reform for Acceleration and Inclusion Act (TRAIN), the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said that families receiving a combined monthly income of P13,000 to P40,000 will increase their take-home pay by between P1,100 and 3,500 per month, or P14,000 to P42,000 annually. Based on DOF computations, even with the slightly higher expenses that taxpayers would incur under the TRAIN’s revenueenhancing provisions, the increases in their take home pay would more than offset these additional costs. These revenue-enhancing provisions include expanding the value-added tax (VAT) base, and adjusting the tax for fuel and automobiles and imposing a tax on sugarsweetened beverages, among other measures. “The income tax exemption for the first P250,000 that ever y compensation earner

makes annually is the gift of President Duterte to the Filipino people,” Dominguez said. “This means that those earning around P20,000 and below per month will pay zero.” Dominguez said that under the new PIT rates, those earning P250,000 and below will pay zero tax while the next tax brackets were adjusted to make the system more progressive. Only the ultra-rich or those earning P5 million and above pays the marginal tax rate of 35 percent, Dominguez said. As an example, two call center agents earning a monthly income of P21,000 each with four kids or dependents will get a PIT savings of P3,984 a month. Such tax savings would more than offset their additional expenses totaling P982 a month under TRAIN. Based on data from the 2015 Family Income and Expenditures Survey (FIES), the DOF computed the additional monthly costs for them under TRAIN would be P288 for the VAT, P201 for the fuel excise tax adjustment, and an inflationary effect of P113. The impact of the sugarsweetened beverage tax would be at around R190 and an

added R190 if they are paying monthly amortization for an entry-level mass market sedan. For a sole breadwinner in one family getting P13,000 a month with one dependent, he or she will be exempted from paying the PIT, which means an increase in takehome pay of P8,940 a year or P745 a month. Based on the FIES, this type of household will incur additional expenses of P211 a month, but will be qualified to receive a targeted transfer of P200 a month under the TRAIN for a period of four years. Together with the PIT savings, this means that this household will be better off. If the breadwinner with two dependents receives a monthly salary of P21,000, the PIT reform means an additional take-home pay of P22,668 per year or P1,889 a month. The tax savings will more than offset the rise in household expenses of P398 a month. A family with two working members earning a combined P37,000 a month is estimated to get a tax break of P47,207. This means an additional take home pay for them of P4,627 a month to help offset the additional household costs computed at P693. If the family income

with two working members amounts to P52,000, the net tax savings would be P67,881 under TRAIN because the PIT would generate savings of P6,800 a month. Estimated additional household costs arising from the TRAIN’s revenueenhancing provisions were computed at P1,143 per month. Meanwhile, a family with three working members earning a combined P76,000 a month would gain back P119,640, or tax savings of P9,970 a month to enable them to cope with additional household costs estimated at P2,227 per month. Tax reform, Dominguez said, is an indispensable component of the President’s broad economic strategy dubbed “Dutertenomics,” which aims to sustain a high growth rate of seven percent over the medium term and bring down the poverty incidence rate to 14 percent by 2022. The proposed TRAIN, which was passed by the House of Representatives as House Bill No. 5636, will also end the country’s complex tax system that has become vulnerable to evasion and leakages by transforming it into a “simple, just and efficient” structure, he noted.

PH debt Diokno vows gov’t to institute reforms payments BUDGET and Management the Duterte Administration’s percent. Benjamin Diokno development objectives,” he The lender forecasts a 25.5% lower Secretary on Tuesday stressed the said in a statement. 6.6 percent output for the A t e a m f r o m t h e government’s commitment Philippines this 2017, lower in H1 ‘17 to ensure sustained growth International Monetar y than the government’s seven

THE Philippine government paid P378.37 billion in debts in the first half of 2017, about 25.5 percent lower t han t he amount posted in same period l a s t ye ar du e t o l owe r amortization and interest payments. Bureau of the Treasury ( B Tr ) d a t a s h o w t h a t the amount paid for amor t izat ion fel l 35.95 p ercent as of end-June this year to P226.79 billion comp are d to ye ar-ago’s P354.08 billion. Interest payment in the first six months this year totalled to P151.58 billion, down 1.39 percent against the P153.7 billion same perod last year. For l ast Ju ne a l one, howe ver, debt payment ticked-up 7.9 percent to P25.04 billion over yearago’s P23.21 billion while amor tization amounted to P5.77 billion, higher than the P5.54 billion same period last year. During the same month, interest payment amounted to P19.27 billion, 9.1 percent higher than yearago’s P17.67 billion. In 2016, the government’s debt service amounted to P789.97 billion. (PNA)

of the Philippine economy through the various reforms and new initiatives on infrastructure investments, among others. “Rest assured that the D ep ar t ment of Budget and Management remains steadfast in its commitment t o prom ot e r api d an d equitable growth in line with

Fund (IMF) is currently in the country for the Article IV Mission, scheduled from July 26 to Aug. 9, 2017. IMF Mission chief Luis E. Breuer, in a briefing Tuesday, said the multilateral agency remained optimistic on the medium term expansion of the domestic economy, with growth projected at 6.8

to eight percent target from 2018 to 2022. It cited the importance of the proposed tax reforms, saying this will ensure needed funds for the various infrastructure and social spending. “Passage of the budget reform and rightsizing bill reforms/PAGE 11

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999

Circulo de Entablado actors from University of Science and Technology of Southern Philippines (USTP) perform their opening salvo for AY 2017-18 last Saturday in Cagayan de Oro City. photo by mark francisco

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242


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The Fraternal Order of Eagles Philippine Eagles Chartering of Citihomes Eagles Club, induction of new set of officers and installation of Club President on August 6, 2017 @ Apple Tree Opol Misamis Oriental. Inducted by Eagle Louie F. Ceniza (National President) with Eagle Erlquin Lim (Executive National Vice President), Eagle Anjun Gomez (Governor NMR-1), Eagle Florentino Dumlao (National Attorney General), Eagle Cezar Y. Yamuta (Executive Peil Director), Eagle Andy Paurom (Regional Peil Director, NMR-1), Eagle Jo Harlem Dagang (Deputy National Treasurer), Eagle Dr. Ferdinand Miranda (RVEC President and Chair of Health Care NMR-1), the keynote speaker Eagle Greg Radaza (Municipal Administrator of Opol Misamis Oriental) and Eagle Karl Ugsod (Executive National Information Secretary). Citihomes Eagles Club is the 28th Club of NMR-1 headed by the Eagle Ian Tagaro. Congratulations mga kuya! Mabuhay and NMR-1! Alam na!


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Candidates for Bb. El Salvador 2017 are presented to the public for the first time during their swimwear competition held last August 6 at Apple Tree Resort & Hotel. They are (from left) Andrea Leslie Seronay, Wincy Razon, Amber Ann Acaylar, Hannah Endrina, Kimberly Jay Tundan, Rose Ann Igloria, Alessa Mae Generol, Leonora Batalla, Rhea Balasabas, Menchie Unsay, Florian Nacua, Jeaneth Gabule, Aprilyn Namocot and Lhiesel Mae Abucay. Coronation night will be on August 12 at El Salvador City covered court. photo by ercel maandig

Cagayan de Oro to host Shell chess elims

The Shell National Youth Active Chess Championships ( S N YA C C ) s w i n g s t o Mindanao this month with a huge turnout expected in the Northern Mindanao qualifying leg at SM City in Cagayan de Oro. Organizers of the country’s longest running talent search brace for another banner field in the third leg of the fivestage regional elims on Aug. 12-13, the region being one of the hotbeds of the sport in its more than two decades of staging. A fierce battle looms in all three divisions with the top two from the kiddies, juniors and seniors divisions, plus the top female player gaining berths in the national finals slated in October. Registration is on-going on a first-come, first-served basis with slots limited to 400. For details, contact tournament

coordinator Alex Dinoy at 0922-8288510. Registration forms can also be downloaded from https://www.shell.com. ph/shell_chess. Fee is pegged at P100. Events on tap are the kiddies for players aged 7 to 12 (born between 2004 to 2009), juniors for 13 to 16 years old (born between 2000 to 2003) and seniors for 17 to 20 (born between 1996 and 1999) for boys and girls. Twenty players have made it so far to the grand finals set Oct. 7-8 at SM Mall of Asia, including Francois Marie Magpily of Gen.Pio National High School, who ruled the junior division and took the female spot in the NCR stop of the circuit sponsored by Pilipinas Shell. Meanwhile, Davao will host the next leg on Sept. 2-3 chess/PAGE 10

UCPB offers BizEasy Franchise Loan to entrepreneurs looking out to start their own business The next time someone offers you to invest through franchising, let UCPB make it easy for you to run your own business. To spur the Filipino entrepreneurial spirit, UCPB is offering a franchise loan called BizEasy Franchise Loan to encourage entrepreneurs to establish their own business through franchising. “UCPB is making it easy for aspiring entrepreneurs who have the passion and business savvy of a franchise owner, but may not have enough capital to pursue their dream franchise. With UCPB BizEasy Franchise Loan, we can provide you with the capital so you can invest in franchise operators who have promising business models,” said Philip S. Pabelico, First Vice President and Consumer

Banking Group Head. Compared to the usual business loans which require owners to show at least three years of profitability in their ventures, UCPB BizEasy Franchise Loan can fund even start-up franchises, Mr. Pabelico explained. “The BizEasy Franchise Loan is designed to provide entrepreneurs with a boost on their capital requirement which can later improve the financial standing of the borrower when their franchise starts to earn. More importantly, UCPB believes that through this product, it helps bridge the gap between entrepreneurs and franchise operators,” said Mr. Pabelico. Aspiring franchisees can seek as much as P1 million worth of BizEasy Franchise ucpb/PAGE 10


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friday|august 11, 2017

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946

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 Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696

Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306

Apron dress in bloom

Pretty puff sleeved dress with diamond prints and a bow belt

Blue and white striped shift dress with spaghetti straps brings on the charm

Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: 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 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Philtown Hotel 726295 / 8564402 Fax: 723104

Chambray dress goes with the trend with peek-a-boo shoulders

The Hue of Blue collection is available at the SM Kids Department of The SM Store.

Travelers Pod 8518988

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Paras Beach Resort 8568563 Fax: 8568563

Taking a page from their older sister’s fashion playbook, these are dresses that are pretty with floral prints, touches of lace, and bows; as well as trendy with off shoulder and striped looks. Denim dresses in chambray give a bit of edge; while boho touches have a free- spirited appeal.

Southwinds Hotel 724803 / 8562036 Fax: 8562036

Thai Me Up 738424/3108424 Fax: 738424

N Hotel (088) 8801924

Little girls are feeling blue – in the very best way as SM Kids highlights the Hue of Blue in its new collection of dresses. These are dream dresses in sea meets sky shades that play with fabrics, patterns, and prints.

Seda Centrio Hotel 3238888 / 0917-577-5910

Mapawa Natures Park 8584402 Fax: 725265

Miami Inn 8581901 to 02 Fax: 725279/728486

HUE OF BLUE AT SM KIDS

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

Kneehigh denim jumper dress

Antidote for Hunger Lutchie C. Escala T1 – Tangub City National High School

Ever yday the world is confronted with a perennial problem that threatens the ver y essence of human survival – famine. It claimed millions of lives and even gave birth to other forms of social problems that aggravate human suffering and perpetuate miser y. With the advancement o f hu m a n k n o w l e d g e and technological breakthroughs, an antidote to a persisting ailment has arrived. Agri – biotechnology is a remedy that we all have been waiting for and it has come right at our very doorstep. According to the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), the root cause of world hunger is the u nb a l an c e d c on d it i on of world population and food production due to diminishing areas of arable lands. As of 2013, the world population is 7.2 billion and expected to rise up to 9.2 billion by 2050. Number of hungry mouths

grows exponentially as year progresses while food production is left in glaring discrepancy. Experts say t h at ag r i c u ltu re mu st double its production to feed the world. Biotechnology is defined as a set of tools that uses living organisms (or parts of organisms) to make or modify a product, improve plants, trees or animals, or develop microorganisms for specific uses. Agricultural biotechnolog y (Agri – biotechnology) is the term used in crop and livestock i mprove m e nt t h rou g h biotechnology tools. By adopting agricultural biotechnology, benefits are well – documented. It increases farmer’s farm yield therefore brings more income. Farmers need not use plenty of hazardous pesticides and nonenvironment – friendly farming practices because biotech crops become more drought-tolerant and pestre s ist ant . Wit h b e tte r farming practices, farmers can assure of better health with their families and dwell

comfortably with peace of mind. More importantly, it increases crop production direly needed by a hungry population. However, biotech crops have been the center of public concern for a time. Critics have raised many safety and health issues against these crops which being devoid of scientific e v i d e n c e , h av e f a i l e d to gain ground. While s k e p t i c s h av e o p e n l y launched their baseless tirade, until this day, many are still using artificial food flavours, colourings, sweeteners, seasonings (Monosodium Glutamate) and preser vatives that are officially and openly pron ou n c e d by wor l d health agencies as harmful to human’s health. O n t h e c o n t r a r y, according to SEARCA, after more than 15 years of commercial use, biotech crops are proven safe for human consumption and have demonstrated the immense benefits they can contribute in terms of economic productivity,

environmental protection and uplif tment of the welfare of poor farmers in many parts of the world. In 2013, SEARCA added that 18 million farmers in 27 countries that include United States of America, Brazil, Argentina, Canada, India, South Africa and China planted biotech crops on 175.2 million hectares of land. The antidote to hunger has finally arrived. Same impacts are beginning to be felt in the Philippines as the first and only Southeast Asian countr y to grow biotech crops for food, feed and processing. Yet, hunger alleviation in our place seemed like a fleeting illusion still to be pursued and attained. We have already started the battle against hunger and all we need to do is to let agribiotechnology do the job. This battle can only be won if we equip ourselves with trust and optimism for a better and bountiful nation. Together, we can conquer the impossible and make things possible.


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Army, PNP nab 2 NPA bandits in Bukidnon clash CAMP OSITO BAHIAN, Malaybalay City — Two suspected New People’s Army (NPA) bandits were apprehended early Wednesday in an armed clash between the NPA and the combined troops of 1st Special Forces Battalion, 8th Infantry Battalion, and the Bukidnon Provincial Public Safety Company of the Philippine National Police (PNP). The encounter occurred around 6:30 a.m, 02 August 2017, near Zone 8 of Kiburiao village in Quezon, Bukidnon after the government troops conducting security patrol received a tip from residents of the presence of more or less seven NPAs in the area. The five-minute battle resulted to the apprehension of two NPA members after the troopers found them lurking EXTRA-JUDICIAL SETTLEMENT WITH WAIVER OF RIGHTS OF A PARCEL OF LAND Notice is hereby given that the intestate estate of deceased, EXIQUIEL R. TALAMPAS, who died on FEBRUARY 23, 1999 at J.R Borja Memorial Hospital, Cagayan de Oro City; Tax declaration No. 34091 at BITONG, TAGLIMAO, CAGAYAN DE ORO CITY; containing an area of COCOTERO, thirty thousand (30,000) SQ. M. more or less; CORNLAND, sixty nine thousand five hundred (69,500) SQ. M; RESIDENTIAL, five hundred (500) SQ. M. more or less; with the Total area of ONE HUNDRED THOUSAND (100,000) SQ. M. more or less; The deceased EXIQUIEL R. TALAMPAS is the subject of Extra-Judicial settlement with waiver of rights of a parcel of land; is made and entered into, by and between: represented by his Legal wife, RITA V. TALAMPAS, of legal age, Filipino citizen, widow, with residence and postal address at Lumbia, Cagayan de Oro City and their legitimate children, namely: ERLINDA TALAMPAS YAÑEZ, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; REYNAN V. TALAMPAS, of legal age, Filipinop citizen, married, with residence and postal address at Lumbia, Cagayan de Oro city; CHRISTINE V. TALAMPAS, of legal age, Filipino citizen, single, with residence and postal address at Lumbia, Cagayan de Oro City; EXIQUIEL V. TALAMPAS JR., of legal age, Filipino ciotizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; and RONNIE V. TALAMPAS, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; that to the best of knowledge and information of the parties hereto, the deceased, EXIQUIEL R. TALAMPAS, LEFT NO LAST WILL AND TESTAMENT and LEFT NO KNOWN DEBTS TO ANY PERSON, FIRM OR ENTITY; That as the LEGAL HEIRS of the deceased we hereby DECLARE UNDER OATH OUR WAIVER OF RIGHTS OF THE ABOVEDESCRIBED PARCEL OF LAND all of legal rights and interest in favor of EXIQUIEL V. TALAMPAS, JR. AND RONNIE V. TALAMPA’S; Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 281; Page No. 56; Book No. XIV; Series of 2017. BWM: July 28, Aug. 4 & 11, 2017

in the grove of young trees within the encounter site. The two NPAs were identified as Ruel Calolot, a known IED-making expert, and his younger brother Ramil Calolot. Found in their possession were one 57mm recoilless rifle (rocket launcher), three laptops, electrical wires, a switch box, an ANAK PAWIS ID card owned by Ruel Calolot, and various subversive documents. After a thorough search, the troops also uncovered 24 Improvised Explosive Devices (IEDs); 51 rounds of caliber 30 ammunition; two .38 caliber revolvers; 200 meters detonating cord; 10 meters safety fuse; five blasting caps; and other IED paraphernalia in the encounter site where the two bandits were found in hiding. The apprehending troopers immediately turned over the said bandits to PNP for filing of criminal charges, while the 403rd Infantry Brigade’s operating units continuously conduct focused military

operations in order to secure communities and pre-empt threats feigned by NPAs. No reported casualties on the government troops, while it is believed that the firefight wounded the bandits with the bloodstains found on their escape routes. In a statement, Col. Er ic C. Vinoya, 403rd In f ant r y ( Pe a c e ma ke r ) Brigade Commander, 4ID, PA, emphasized Brigade’s commitment to continuously secure the communities against NPA threats. He denounced t he NPA’s utmost disregard to the provisions of Human Rights and International Humanitarian Law and the NPA’s continued use of violence against the government and the peaceloving people of Bukidnon. “ T h e N PA’s r e c e n t provocations and threats to continue with their violent attacks against government troops and civilians have only inspired our troops to work even harder in order to hit them before they could

launch any atrocity. The 403rd Infantry Brigade is always committed to perform our mandate of serving the people and securing our communities, particularly in the provinces of Bukidnon, M i s am i s O r i e nt a l an d Camiguin. We denounce the deceitful acts NPA rebels and all their cohorts for committing themselves to the peace process while continuously fueling their violent armed struggle. The recovery of these numerous Improvised Explosive Devices and other IED paraphernalia are but a semblance of their insincerity and disrespect to the provisions of Human Rights and the International Humanitarian Law. These IEDs would have put the lives of not only soldiers but also innocent civilians in grave jeopardy. Most importantly, they prepared for war and violence while we talked about peace,” Col. Vinoya said. (Norman M. Tagros, CMO, 403rd Infantry Peacemaker Brigade, 4ID, PA)

Chess...

to discover fresh talents, especially in the countryside, and develop them to become members of future national teams. It has produced top grandmasters, the foremost of which is current world No. 2 super GM Wesley So. The event is backed by Shell V-Power, Shell Advance, Shell Rimula, Shell Helix, Shell Fuel Save, and Shell

Card and held in partnership with SM Supermalls. It is open to all Filipinos, nont it l e d pl aye rs w ho are bonafide students certified by their respective schools and registrars. Previous grand final winners are allowed to compete again in their respective categories provided they are still within the age limit. PR

from page 7

for the Southern Mindanao stage, also at SM City, before the regional elims winds up in Cebu for the Visayas qualifier on Sept.16-17 at SM City. The circuit, sanctioned by the National Chess Federation of the Philippines, is held

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2017-001 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by PSBANK CENTER, 777, PASEO DE ROXAS corner Sedeño Street , Makati City against MICHAEL GLENN TUMAMAK and SHEILA S. TUMAMAK to satisfy the mortgage indebtedness which as of July 12, 2017 amounts to Six Hundred Fifty Nine Thousand Five Hundred Forty One Pesos & 12/100 only (Php 659,541.12) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on September 11, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit: TRANSFER CERTIFICATE OF TITLE No. T-14911 “Lot 2275-D-2-B, Psd-10-040954: Portion of Lot 2275-D-2(LRC) Psd-66349, situated at Digson, Bonifacio Misamis Occidental, Island of Mindanao. Bounded on the NE., along line 1-2 by Lot 2275-D-6, (LRC) Psd-66349, on the E., along line 2-3 by existing Road Lot 2275-G (LRC) Psd50583, on the SW., along line 3-4 by Lot 2275-D-1 (LRC) Psd-66349, on the W., along line 4-1 by Lot 2275-D-2-A, Psd-10-040954. Containing an area of THREE HUNDRED (300) Square meters more or less. All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on September 13, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. July 26, 2017, at Tangub City, Philippines. FOR THE EX-OFFICIO SHERIFF: BWM: Aug. 4, 11 & 18, 2017

BY: (Sgd.) WILLIAM C. ARANIEGO Sheriff IV

UCPB... from page 7

Loan to cover up to 60 percent of the total investment cost, which includes fees, construction and other capital expenses. The term of the loan can be stretched up to three years covering the period of the franchise agreement. To apply for a BizEasy Franchise Loan, submit to your nearest UCPB branch the franchise documents, including the valid franchise agreement or endorsement, proof of ownership or lease agreement on the location of the franchise; a copy of the franchise investment quot at ion; and income projection. You will be also asked to present a checking account and proof of income, whether you are employed or self-employed. The latest data from the Philippine Franchising Association and FranchisePH show that of the 1,500 franchise brands in the countr y, 68 percent are home-grown. Entrepreneurs c o n s i d e r i nv e s t i n g i n a f ranchis e b e caus e of the brand’s profitability experience and high success rate. Visit the nearest UCPB branch today and ask about the BizEasy Franchise Loan.


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friday|august 11, 2017

Rehab... from page 1

the next two years. The allocations would form part of the proposed budget of the Marawi reconstruction masterplan spearheaded by the Department of Public Wo r k s a n d H i g h w a y s (DPWH). “ The initial fund of P5 billion for 2017 will be sourced from the 2016 and 2017 NDRRM (National Disaster Risk Reduction and Management Council) f und w it h a combine d remaining balance of around PHP7.4 billion, and the 2017 contingent fund with a balance of almost P3.35 billion, both as of July 2017,” Diokno said in his statement. For the NDRRM fund for 2018, P25.5 billion has been allocated, of which P10 billion had been allotted for the Marawi recovery and rehabilitation program, according to Diokno. (PR/ PNA)

Help... from page 1

and the way to get more queries is to make sure your listings are the best. Only the very good quality listings can come out on the page,” she said. Chathambeth said that Lamudi makes “histor y by gradually shifting the industry from its traditional practices towards easier, faster and more convenient real time transactions.” She said Lamudi also educates buyers and gives them more liberty to make choices. “Doing this hand in hand with the Davao government signals that the Davao property sector is certainly looking at very bright prospects in the years ahead,” she said Chathambeth said between 100 and 120 professional brokers have so far been registered by Lamudi. She said they are strengthening their presence in the city, owing to the fastgrowing real estate industry here brought about by the increasing demand from overseas Filipino workers (OFWs).

A Lamudi briefer said its 2016 onsite search data analysis found out that the page-views for Davao City properties averaged 48,000 per month, while the monthly average for the first half of 2017 registered 53,000. It added that the real estate website predicts search traffic for Davao City properties to grow 2.41 percent per month over the next 12 months. Chathambeth added that Lamudi employs its own vetting process before brokers can post their listings online. “It is very important to vet. What we know and what we are completely sure about is that if the property is of bad quality, they will never come back,” she said Lamudi subscribers can also report to the quality control team for any bogus l ist i ng s , and t he y w i l l immediately deny brokers access to the website. Davao City Investment Promotions Center (DCIPC) c h i e f L e mu e l O r t o n i o encouraged the brokers to go online because it widens their market reach not only domestically but also internationally. “Ultimately, it can help the entire industry because they can reach a wider range of buyers,” he said. He said it will also be easy for investors to make an inquiry on the available spaces they can rent out or buy in the city.

Dikes...

from page 1 BAMUFA C hair man Guillermo Abarquez said Philsaga’s aid to farmers has a big impact since they can now plant their seedlings and eventually will produce 80-90 sacks per hectare. No el Ab arque z, 46, married, a farm worker of eight hectares and a Brgy. Agrarian Reform Chairman/Barangay Agricultural Officer is thankful to Villanueva for having a big heart and continuous support to small farmers. He is also hopeful that their crop will not fail. Apart from the irrigation system repaire, Philsaga’s also extended support on their Palay Financing Program and Jetmatic pump for household use.

Wind... from page 4

electricity, the Philippines has reportedly overtaken all other members of the Association of Southeast Asian Nations in terms of installed wind energy capacity. The country now has an operational wind energy c a p a c i t y o f 4 0 0 m W, more than anything other country in the Association of Southeast Asian Nations (ASEAN) region. It plans to increase the installed wind energy capacity to 1,600 MW over the next 2-3 years. The country has significant wind energ y resources spread across various islands. So far, the government has identified at least 44 potential sites for setting up wind turbines, which together can support 1,168 mW of wind energy capacity. But these juicy plans remains in the pipeline. What this countr y needs is the kind of Arun George who puts his heart into innovations that could revolutionize the delivering cost-effective renewable energy to the average citizen. As the country grapples with frequent power outages and a growing demand for energ y, the government admits the answer to the country’s power needs may lie in alternative sources. Currently, three million households lack access to electricity in this country of more than 100 million people. Some provinces only have electricity for several hours each day, while countless households on the country’s more remote islands still rely on diesel-powered generators. Supply can barely cope with the increasing demand, which is projected to grow by four percent in the next three to five years. In light of this, the government is ramping up renewable energy initiatives. But it continues to embark on projects for coal-fired power plants, even while claiming renewable energy is a priority. Despite the passage of the Renewable Energy Law in

2015 census counts, other indicators now available

The Philippine Statistics Office recently released the results of the 2015 Census of Population for other indicators. These indicators include sex disaggregation, single age and age groups, number of households and household size, highest grade completed, marital status and others. Data available is by city/ municipality level. Excluding Cagayan de Oro City, population in Misamis Oriental is at 888, 509 with a household size of 4.4. With 458,049 males and 430,460 females, the province has a sex ratio of 106 males per 100 females.

Approximately 42.8 percent of the population are single, while 40.5 percent are married. Misamis Oriental population also showed that for every 100 working age population there are 6 3 d e p e nd e nt s , 5 6 of these dependents are in the younger population (0 to 14 years old) while the remaining percentage belongs to the older group (65 years old and above). Cagayan de Oro City exhibited a lower dependency ratio. There was one dependent for ever y two working age population. Approximately

44 of them were in the younger population while the other 6 were in the older population age group. Sex Ratio is observed at 101 males for every 100 females. There were a total of 163,239 households in the city with an average of 4 members in ever y household. The city has a one is to one sex ratio with almost half (45%) of the population is single. The 2015 Census of Population was conducted in August 2015 in the entire country. Data is available in http://www.psa.gov.ph/ population-and-housing.

2008, the government has been approving coal-fired power plants left and right, further stalling the development and mainstreaming of renewable energy systems in the country. The Renewable Energy Law intends to facilitate implementation of renewable energy projects. It encourages the establishment of various incentives and supportive schemes in order to stimulate investments in renewable energies. But that is rhetoric per se because, in addition to ten existing coal-fired power plants, there are 23 others in the works, at least three of which are located in the middle of urban communities. Once operational, these plants will edge out any potential for renewable energy and further lock the country into use of dirty energy for the next three to four decades. Another challenge to achieving renewable energy potential is the high cost of providing energy to 7,107 scattered islands. Planning is crucial, since wind farms need to be built in places where the wind is strongest, often far from urban areas. Wind power, anyone? (ruffy44_ph2000@yahoo.com)

Cimagala...

from page 4 apostles: “Whoever listens to you listens to me; whoever rejects you rejects me; but whoever rejects me rejects him who sent me.” (Lk 10,16) Like the Son, we have to be the pattern of how all of us should be, always giving good example to others. EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS Notice is hereby given that the intestate estate deceased Abundio dela Cerna who died intestate on April 3, 2006; that the said Abundio dela Cerna at the time of his death left certain parcel of land situated at Maranding, Lala, Lanao Del Norte which land is ORIGINAL CERTIFICATE OF TITLE NO. P-12-022; LOT NO. 7119, SWO 24530; containing an area of Two Hundred Fifty Six (256) SQUARE METERS, more or less situated at Maranding, Lala, Lanao Del Norte; the deceased Abundio dela Cerna is the subject of Extra-Judicial settlement of Estate among Heirs; is made and entered into by and among the heirs of Abundio Dela Cerna namely; Leonida Dela Cerna Antiampo, Bernardita Dela Cerna Quibuen, deceased Meliton dela Cerna substituted by her daughter Maricris Dela Cerna and Danny Dela Cerna, Jemilo Dela Cerna, Marina Dela Cerna Gonda, Zenaida Dela Cerna Alfeche, Edwin Dela Cerna, deceased Allan Dela Cerna substituted by her children; Cheal Dela Cerna, Allan Leroy Dela Cerna, and Shela Dela Cerna Tucaling all of legal ages, Filipinos, and with common ancestral address at Lanao del Norte Philippines; that the parties hereto being all of legal ages and with full civil capacity to contract, do hereby, by these presents, agree to divide and adjudicate among themselves pro indiviso or in equal shares among all the children of deceased Abundio Dela Cerna, the abovedescribed parcel of Land; Under Notary Public of ATTY. JOHN ISMAEL B. BORGONIA, As per Doc. No. 18; Page No. 4; Book No. I; Series of 2017. BWM: July 28, Aug. 4 & 11, 2017

Like the Holy Spirit, we should be continually renewing ourselves, reminding one and all about everything the Son is to us -the pattern of our humanity and redeemer of our damaged humanity. This we can do if we c ont i nu a l ly pr ay, h ave recourse to the sacraments, study the doctrine of our faith, making sacrifices, wage ascetical struggle, and do a lot of apostolate. In this way, we can already reflect the Trinitarian life in ourselves! roycimagala@gmail.com.

Reforms... from page 5

will also help further improve spending efficiency and quality, helping to achieve the inclusive growth agenda,” the IMF said in a statement. Diok no s aid IMF ”s

recognition of the importance of these reforms was greatly appreciated. He said these programs “will improve the functioning of the public sector and boost the Philippine economy’s growth trajectory.” The Secretar y of the Department of Budget and Management (DBM) said the proposed rightsizing b i l l “a i m s t o e n h a n c e government’s capacity and streamline the functions of the bureaucracy for more ef f icient public ser vice delivery.” O n t he ot he r hand, proposed reforms on the budget “will institutionalize the reforms that have been made so far in the budget process while mandating the disciplined execution of the National Budget with the shift to a one-year cash budgeting.” (PNA)

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 43 Gingoog City -o0oLYDIO M. TAMBIGA. CIVIL CASENO. 2017-1080 Petitioner, FOR: -versus- DECLARATION OF DEBBIE CABILLON TAMBIGA, PRESUMPTIVE DEATH Respondent. x-------------------/ ORDER The petition being sufficient in form and substance, the same is given due course. Let the hearing of this Petition be set on September 27. 2017 at 8:30 o’clock in the morning. Any interested party is hereby required to file within fifteen (15) days from notice of the petition or from the last day of publication whichever comes first, an Answer or an Opposition to the petition alleging that: 1. That on 13 August 1992, petitioner got married to his sweetheart, respondent Debbi Cabillon, in a ceremony solemnized by presiding Judge Peary B. Allonar of the RTC Branch 21, at the Palace of Justice, Capitol, Cebu City, and they continued to live together in Cebu; 2. That sometime in 1993, when his Battalion was transferred to Mindanao, operating in the area covering Cotabato, Sultan Kudarat, and Sarangani Province Respondent Debbie chose to live in Gingoog City, so petitioner rented a room at Purok 1, Barangay 20, Doña Graciana Street in Gingoog City; 3. That on 17 May 2007, Petitioner asked permission from his superior officer to go on pass for three (3) nights, and permission was granted. It took Petitioner almost 15 hours to travel from Sarangani Province to Gingoog via Davao and Butuan; 4. Thus, on May 17, 2007, at about 7 o’clock in the evening, Petitioner was about to enter their rented room at Purok 1, Barangay 20, Doña Graciana Street, Gingoog City, when he saw a man seated at the window of their rented room. Since Petitioner suspected that his wife had a paramour, Petitioner sought assistance from the police station. Duty Officer SPO3 Ronnie Delima and his team accompanied Petitioner first to the residence of Barangay Kagawad Melva Cervantes to ask her and her husband William Cervantes to accompany them to the rented apartment; 5. When the group tried to enter the room, they found the room locked. Petitioner forcibly kicked the door open. He personally saw Respondent and the man lying on bed with their short pants pulled down to their knees. He just kept calm, the policeman then brought them to the police station. 6. On May 20, 2007, Petitioner filed formal charges of Adultery against Respondent and the man. Before trial on the merits ensued, both accused Respondent Debbie Cabillon Tambiga and Russel Sala jumped bail. Thus, the court proceeded with a trial in absentia. On October 14, 2008, the Court declared the forfeiture of bail and consequently, warrants of arrest were issued for their apprehension. Thereafter trial in absentia ensued. 7. After trial in absentia, the Court found accused Debbie Cabillon Tambiga guilty beyond reasonable doubt of the crime of adultery, on November 19, 2013. 8. That by October 14, 2008, Debbie Cabillon and her paramour could no longer be found. On that date, Petitioner started exerting efforts to locate them, but up till today, they have not been found nor located, nor any information received as to their whereabouts. 9. The petitioner had the Monitor Today publish a Notice of this missing wife, Mrs. Debbie Cabillon Tambiga, in its November 20-26, 2016 and November 27-Dec.3, 2016 issues. 10. On December 12, 2016, the Petitioner went to the Gingoog City Police Station and requested that it be recorded in the Police Blotter that his wife, Mrs. Debbie Cabillon Tambiga had been missing since October 2008 and her whereabouts could not be ascertained despite all his efforts to locate her. Annexed hereto as Annex “4” hereof is a Certification to that effect signed by PSupt Roel Leyaley Lami-ing dated December 12, 2016, 11. On January 9, 2017, Petitioner sent a similar letter to the Respondent, addressed Dulho, C. Padilla Sts., Cebu City, asking Respondent as to her whereabouts. The letter was returned with the remark “Unlocated”. 12. On March 15, 2017, Petitioner sent a similar letter to Respondent addressed 398-1, Jones Avenue, Cebu City by registered mail. It was returned to him on April 12, 2017 with the remark “Not Found.” 13. On January 10, 2017, upon request of the Petitioner, the Punong Barangay of his residence at Barangay 20, Gingoog City issued a Barangay Certification that Debbie Cabillon Tambiga was missing or nowhere to be found. 14. On January 14, 2017, the Petitioner went to DXRG, Radyo ng Bayan in Gingoog City and requested that a Public Service Announcement be aired calling for news about Mrs. Debbie Cabillon Tambiga who had been missing since 2008. Hereto attached is the “Public Service Announcement” by Petitioner and the “Certification” by Station Manager Merle LI. Ladesma of Radio Station DXRG. 15. Article 390 of the Civil Code of the Philippines provides, as follows: “Art. 390. After an absence of seven years, it being unknown whether or not the absentee still lives, he shall be presumed dead for all purposes, except for those in succession.” 16. It has been nine years since the Petitioner was deserted by his wife, Debbie Cabillon Tambiga, without any children. He wishes that in the remaining years of his life he could be able to meet a decent and loyal woman whom he could marry to bear and rear his progeny.

The Clerk of Court is directed to cause the publication of this Order at the expense of the petitioner once a week for three (3) consecutive weeks in a newspaper of general circulation. Likewise, let copy of this Order and Petition be furnished the Office of the Solicitor General, the Office of City Prosecutor and the Local Civil Registrar of Cebu City. SO ORDERED. 11 July 2017, Gingoog City, Misamis Oriental BWM: July 28, Aug. 4 & 11, 2017

(SGD.) MIRABEAUS A. UNDALOK Presiding Judge


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friday|august 11, 2017


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