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Briefly Oro's Covid response PRESIDENTIAL Communications Operations Office (PCOO) Secretary Martin Andanar on Tuesday acknowledged the delicate balance the local government here has to employ in Covid-19 response while under enhanced community quarantine and on Alert Level 4 in terms of its health care system status. Andanar, said this city is a "very unique case" because it is the melting pot in Region 10 where Northern Mindanao commerce passes through. "The mayor (Oscar Moreno) has a tough job and decisions to make. It's not easy to become the mayor in the city because whatever decision he makes affect not only Cagayan de Oro City but the entire province and the entire Northern Mindanao as well," he said.
Coco facility A COCONUT processing facility worth P500 million will soon be established in the town of Claveria, Misamis Oriental, according to the Mindanao Development Authority (MinDA). MinDA Chairperson Emmanuel F. Piñol said in a Facebook post over the weekend that the facility is planned on the site of a former Virginia tobacco drying facility owned by Philip Morris International. The drying facility was recently donated to the provincial government after Philip Morris halted operations in Claveria.
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Month-long ECQ cripples over 12,000 jobs in CDO M Mon-Tue|August 16-17, 2021
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ORE than 12,000 workers have either lost their jobs or been underemployed in just a month of heightened quarantine measures implemented in this city, the National Economic Development Authority in Region 10 (NEDA-10) said.
N E DA- 1 0 R e g i o n a l Director Maylah Faye Aurora Cariño said the Enhanced Community Quarantine (ECQ) implemented from July 16 to August 15 have “dented the employment figures,” affecting 12,334 workers in Cagayan de Oro. She said 530 firms in the city have declared they would temporarily shut down their
operations during the 45-day period. She said another 366 firms have implemented flexible work arrangement among its workers, which affected more than 7,205 workers. Councilor George Goking, who chairs the city council’s trade and commerce committee, said the figure of affected workers can run as
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high as 15,000 workers. “The government figures are conservative. Many local traders are telling us they can no longer afford to lose more money,” Goking said. He said a businessman friend of his who owns a restaurant and several shops now only earns P1,000 a day. “No business can survive CRIPPLES/PAGE 7
90K beneficiary names need updating for cash aid in CDO
THE Department of Social Welfare and Development (DSWD) 10 (Northern Mindanao) has extended the encoding of profiles of cash aid beneficiaries who are affected by the enhanced community quarantine (ECQ), after about 90,000 names in the initial list needed to be updated. In an interview Tuesday, Oliver Inodeo, the Pantawid Pamilyang Pilipino Program (4Ps) information officer, said the staff of the City Social Welfare and Development (CSWD) of the local government found a discrepancy that needed to be corrected. The move was in response to the complaint of some households that they received only P1,000 when they have four or more members, entitling them to receive P4,000 under Joint Circular Memo 2, series of 2021. "There were lists in the barangays UPDATING/PAGE 7
FRESH CATCH. A fisherman shows his catch using a gillnet in the shores of Opol in Misamis Oriental. photo by gerry lee gorit
FEWER CATCH. Tamban (sardines) abound in Buenavista, Agusan del Norte. Fisherfolk, however, say their catch has declined in recent years forcing some of them to fish in the waters of neighboring towns. photo taken by h . marcos c . mordeno / mindanews
Show proof of PhilHealth irregularities, official says THE Philippine Health Insur ance C or p or at i on (PhilHealth) on Thursday asked for the public’s help in gathering evidence against hospitals and doctors allegedly changing patients’ diagnosis into Covid-19 for monetary purposes. In a radio inter view, Delio Aseron II, PhilHealth Regional Vice President, said if there are irregularities like mishandling or misdiagnosing patients, they can email him directly
through aksyonagadprox@ gmail.com. "We have heard stories like those but we need to provide evidence. Remember, our partners are hospitals and doctors, and it's unfair to accuse (without evidence)," he said. Aseron said if found guilty, hospitals and doctors might lose their accreditation with PhilHealth and face legal charges. "We have a due process PROOF/PAGE 7
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Cagayan de Oro in much worse state than before ECQ By HERBIE GOMEZ, Rappler.com
Nearly a month into a rigid lockdown, Cagayan de Oro is now tallying over a hundred new single-day COVID-19 infections. Cagayan de Oro only registered a two-digit,
single-day number of COVID-19 cases when it was placed under the strictest enhanced community quarantine (ECQ) classification by President Rodrigo Duterte on July 16. Just two days before it reverts
to a less strict quarantine status, the regional center of Northern Mindanao has found itself in a much worse state than it was a month ago. The same has happened in neighboring Misamis Oriental and Bukidnon provinces
where daily cases have hit three digits the past days like Cagayan de Oro. “The government approach is simply not working in Cagayan de Oro and elsewhere. Quarantine measures alone won’t get the job done. As we have seen
quarantined due to Covid-19 exposure. Moreno said this is the exact reason why the salaries are delayed. He added that even personnel from national government agencies who are concerned in the disbursement of funds
such as Department of Budget and Management (DBM) are also quarantining. At JR Borja General Hospital alone, an average of 40 medical personnel are quarantining everyday as a precaution due to DELAYS/PAGE 7
Quarantined processors blamed on JRBGH wage delays By MARK FRANCISCO
RELEASING of salaries of medical personnel at the city government-run JR Borja General Hospital have been delayed due to a number of factors, the root of which is Covid-19. In a press conference
earlier this week, JR Borja General Hospital chief Dr. Ramon Moreno said that personnel at the hospital and other departments at City Hall who are in charge of processing the salaries have been
BALINGASAG, MISAMIS ORIENTAL National Highway Balingasag, Barangay 4, Balingasag, Misamis Oriental Mobile Number/s: 0933-823-3161, 0933-823-3304 Tel. Number: 333-5161 CAGAYAN DE ORO P&J Lim Building, Tiano Kalambagohan St., Barangay 14, Cagayan de Oro City, Misamis Oriental Tel No. (08822) 727-829 / 231-6629 Telefax No. (088) 856-1947 Mobile No. 0933-823-3303 / 0943-708-7065 CAGAYAN DE ORO WAREHOUSE Warehouse 7, Bonbon Road, Kauswagan, Cagayan de Oro City, Misamis Oriental Mobile No. 0917-825-4149 / 0943-708-7065 CARMEN, CAGAYAN DE ORO Vamenta Blvd., fronting CEPALCO, Carmen, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 233-2011 Mobile No. 0933-823-3159 CORRALES, CDO Corrales Ave., Barangay 29, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 231-2055
DIVISORIA, CDO A. Velez St., Barangay 9, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 856-1947 Mobile No. 0917-841-4000 / 0933-823-3164 GINGOOG CITY G/F Wyne Militante Bldg., Lugod St., Barangay 22, Gingoog City, Misamis Oriental Telefax No. (088) 861-0104 Mobile No. 0933-823-3168 LAPASAN, CDO National Highway (FICCO Bldg.), Lapasan, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 231-6739 Mobile No. 0933-823-3160 PUERTO, CDO Purok 6, Puerto, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 859-0574 Mobile No. 0943-708-7537 CAMIGUIN B. Aranas St., Poblacion, Mambajao, Camiguin Telefax No. (088) 387-0491 Mobile No. 0943-708-7539
and as the data have shown, these measures are just band-aid solutions to the bigger problem,” said Councilor George Goking, chair of the city council’s trade and commerce committee. Goking said the government should
rethink its approach in dealing with the public health crisis by investing more time, effort, and resources in changing how COVID-19 would affect the majority of the population through massive vaccinations rather than on just trying to contain the virus.
MANOLO FORTICH, Bukidnon — Hedcor, the run-of-river hydropower arm of AboitizPower, continues to meet international standards following the recommendation of British Standards Group Philippines (BSi) for ISO recertification this year. The ISO (International Organization for Standardization) helps to facilitate global trade by providing similar standards among different countries. Despite lockdowns and restrictions, Hedcor upholds global standards in generating clean and renewable energy efficiently and of utmost quality.
Hedcor is recertified for six ISO standards: Quality Management System, Environmental Management System, Occupational Health and Safety Management System, Information Security Management System, Asset Management System, and Business Continuity System. Said ISO recertifications are awarded to Hedcor Inc., Hedcor Sabangan, Luzon Hydro, Hedcor Sibulan, and Hedcor Tudaya. For this year, Hedcor Bukidnon became ISO certified on the first four. ISO 9001:2015 Quality Management System certification ensures quality management systems that achieve customer satisfaction. With this, Hedcor’s efficient practices in meeting the requirements and expectations of customers and other relevant interested parties are fully commended. More so, Hedcor takes ISO14001:2015 Environmental Management System certification on a more serious note. It recognizes that to generate clean and renewable energy, watersheds have to be HEDCOR/PAGE 7
Hedcor remains ISO certified amid pandemic restrictions
EXTRAJUDICIAL SETTLEMENT KNOW ALL MEN BY THESE PRESENTS: That the late SALVADOR LOPEZ, who died intestate in Alubijid, Misamis Oriental, Philippines, on April 22, 1990 and JULIA LOPEZ, who died intestate on Alubijid, Misamis Oriental, Philippines, on March 23, 1999 that the deceased died intestate, without will or testament, and without any outstanding debts in favor of any person or entity; that the deceased left parcel of land with OCT-P-18868 Tax Declaration No. 08-17-0009-05567 situated in the Lumba, Alubijid, Misamis Oriental, containing an area of FIFTEEN THOUSAND NINE HUNDRED THIRTY THREE (15,933) square meters, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT, filed by the heirs of SALVADOR LOPEZ and JULIA LOPEZ, per DOC #463; BOOK #93; BOOK #83; Series of 2017 under the Notarial Registry of ATTY. QUINTILIANITO S. BABARIN, JR. BWM: Aug. 2, 9 & 16, 2021
CorporateWorld 3 PEZA investment Demand for residential property approvals up 8.52% in first half of 2021 seen to recover in 2022 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
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THE Philippine Economic Zone Authority (PEZA) reported on Tuesday an 8.52-percent increase in its approved investments for the first half of the year. “PEZA remains true to its mandate of promoting investments, creating employment, generating exports, and attaining total economic development in our country as we maintain and implement strict Covid-19 protocols and guidelines in our ecozones. We will continue to transform challenges into opportunities so we can ceaselessly serve our Filipino people, our partners, locators, and investors,” PEZA Director General Charito Plaza said in a statement. Total economic zone investments approved from January 1 to June 30, 2021 amounted to P32.057 billion from last year’s approved investments worth P29.541 billion. These investments came from 119 new and expansion projects and showcased a considerable growth of 5.31 percent compared to 113 in 2020. Meanwhile, the actual exports for the period of
January 1 to May 31, 2021 amounted to USD24.781 billion with 1,604,877 generated employment. Compared to the same period in 2020, PEZA showcased a 23.35-percent growth for exports and an 8.58-percent increase in employment. The majority of the investments came from various countries such as Japan, South Korea, India, Hong Kong, and China. Western countries also include Germany, Austria, France, Canada, and the United States. In terms of regions in the Philippines where the investments will be located, the topperforming region is Region 4 with P10.010 billion, followed by Regions 7, 11, and National Capital Region. For the month of June, Plaza said the PEZA Board has approved 62 new projects. Among the 62 recently approved projects, 22 projects fall under information technology (IT) enterprises, 20 for export manufacturing enterprises, 13 for APPROVALS/PAGE 7
A
LEADING diversified professional services and investment management firm forecasted that the demand for the residential property in Metro Manila will recover next year. “Colliers expects a recovery in residential demand in 2022 on the back of rebound in office leasing, macroeconomic recovery, sustained remittances from Filipinos working abroad, competitive mortgage rates, and pick-up in business and consumer sentiment,” Collier said in a statement Thursday. Based on its second-quarter report, Colliers said the completion of residential projects in Metro Manila this year is expected to support the rebound of the market until 2022.
In its report, outlook for completed condominium projects is expected to grow by 200 percent from 3,370 condominium units delivered last year. Colliers added that the Bay Area has surpassed Makati central business districts (CBD) with the highest supply of condominium units. “As of Q2 (second quarter) 2021, Colliers has recorded about 28,718 condominium units in the Bay Area, overtaking Makati CBD’s 28,551 units. At present, the Bay Area has the second largest condominium stock in Metro Manila, next to Fort Bonifacio which has 39,505 units,” it said. Between 2021 and 2025, Metro Manila is foreseen to deliver 7,500 new residential units per year. “Colliers has also observed a
recovery in take-up of pre-selling condominium units in the fringes of central business districts. The demand in the peripheral areas has outstripped supply since 2018,” it said. Colliers cited Makati Fringe, Manila-North, and Manila-South as the top fringe areas in terms of take-up from 2018 to first semester of the year. The rosy outlook for Metro Manila’s residential market is also backed by the vaccination program. “The inoculation efforts should contribute to a recovery of investor sentiment as the government aims to achieve herd immunity by Q1 (first quarter) 2022, which should inject a much-needed boost to the country’s residential sector,” Colliers added. (PNA)
Cebu Pacific: No job cuts in ‘staff right-sizing’ plan BUDGET carrier Cebu Pacific (CEB), operated by Cebu Air, Inc., said it does not intend to reduce its work force in its “staff right-sizing” plan. “This means that we are building an organization that is fit for purpose, so right-sizing can also be positive — i.e., replacing resignations, shifting roles, and even
adding people to maintain just the right number of work force,” Cebu Pacific Director for Corporate Communications Carmina Reyes-Romero said via e-mail on Thursday. “There is no retrenchment in Cebu Pacific and there are no plans or discussions of further work force reductions,” she added.
Ms. Reyes-Romero reached out to this publication to clarify the context of its earlier report, which said that the budget carrier “may further reduce its work force as part of efforts to mitigate the impact of the global health crisis on its operations,” referring to Cebu Air’s “staff rightsizing” plan disclosed to
the stock exchange on Wednesday. “While it is evident that we are still facing enormous challenges as a business due to the pandemic, our focus now remains to be ‘how to have stronger performance as an organization in the coming weeks and months, and ensuring the health PLAN/PAGE 7
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Character worth copying Think a minute… A man named Cliff Streigling told about an older man, Bud Abbot, who changed his life. This is Cliff ’s story and testimony. “When we met in 1972, Bud was 52 and I was 18. Bud was a Navy veteran of WWII who piloted landing craft on dangerous missions in the South Pacific. I was a long-haired kid with no direction or discipline in my life. We met in a woodworking shop where Bud was a master carpenter and I was a knownothing amateur. During the 18 months I worked for him, Bud took me from a teenager rebelling against all authority to a young man willing to accept personal responsibility for my actions and decisions. He instilled in me a work ethic and love for learning that remains with me to this day. Bud influenced such a complete change in me because he practiced what he preached. He was always 30 minutes early for work. He never overstayed a coffee or lunch break by even one minute. He never put his
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JHAN TIAFAU HURST tools away before his work day was over. And he always accepted my mistakes, as long as I admitted them. Bud taught by example that always doing your best is what’s important, whether you’re paid and praised for it or not. He told me again and again that I needed a trade or an education, and he recommended education. I followed Bud’s advice for living because his daily example convinced me to believe and trust him. I left his shop to study at a university. Every year I returned to tell him I had completed another year. In fact, many times the thought of disappointing him kept me CHARACTER/PAGE 7
There is no debate that the coronavirus pandemic has turned the world almost completely upside down. This Covid 19 is a global catastrophe of immeasurable proportion never imagined to go down in history as the worst ever health crisis to halt the world’s economy to an almost complete stop. In fact, Covid-19 has affected mankind completely down and out — and just how our lives have changed drastically for a temporary period of time for almost two years now, and still counting. And as we end up another pandemic year, death counts keep on increasing by the
day. In fact, we are now at a level of high risk, which means isolation centers are overwhelmed with Covid -19 patients. Good grief vaccines of various country origins are now evolving fast, hoping that soon this virus, now with a deadly Delta variant that had killed over 11 million worldwide (and counting) will be a thing of the past. For now, there is no need to spend the holidays. Stay home is the call of the hour. We have been into this since March last year. And worst, there is no light yet at the end of the tunnel. Not
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RUFFY MAGBANUA even a flicker can be seen at the horizon. For now. Meantime, let’s follow health protocols. Stay safe. Keep the distance. Keep clean. Wear your mask. (ruffy44_ph2000@yahoo. com)
Organ Donation Day: Raising awareness about organ donation is crucial to saving lives
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INDEED, history repeats itself. The ongoing pandemic is the worst health crisis ever experienced by mankind, ne x t on ly to t he 1 9 1 8 global health crisis that had killed millions of our early ancestors. Per record, the influenza pandemic had killed more people than WWI at somewhere between 20 to 40 million. It was cited as the most devastating epidemic in recorded world history. After a quarter of a century, that pandemic with an almost the same face value is back.
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One organ donor has the potential to save more than 8 lives in his lifetime by donating his organs that are functioning properly. Organ Donation Day, which is celebrated every y e a r o n 1 3 t h Au g u s t , emphasizes the importance of the voluntary act of organ donation and how it can save millions of lives across the globe. Organ donation can happen either from a living
donor or a donor who has had brain death. Brain death is caused by catastrophic, irreversible, permanent damage to the brain either due to a road accident with head injury or a major bleed into the brain from a burst blood vessel. As we all know, the brain works as the control center for the whole body, so obviously, the whole body will eventually shut down if the brain is not properly functional. Through some medical tests, brain death can be diagnosed and there should be a legal declaration that the brain of the patient is already dead and then the process of transplantation needs to get started immediately. Living donors can donate some of their organs and tissues such as a kidney or part of the liver, part of the pancreas, part of the lungs, or part of the intestines, but most donations occur
after the death of the donor. Usually, organs that can be transplanted are - kidneys, h e a r t , l i v e r, p a n c re a s , intestines, lungs, bones, bone marrow, skin, and corneas. It is estimated that almost around 5 lakh people lose their lives awaiting organ t ranspl ants due to t he unavailability of organs. It is unfortunate that even today, people are hesitant about donating their organs and therefore a huge gap exists between the number of transplants awaited and the organs available. Though the entire process depends on the certain medical status of the donor, as per statistics, one organ donor has the potential to save more than 8 lives in his lifetime by donating his organs that are functioning properly. The COVID-19 pandemic has negatively impacted organ donation and transplantation in all countries. UK, France
and US reported a greater than 50 per cent reduction i n t r a n s p l a nt a c t i v it y. The reasons mainly have been logistical barriers of transportation of organs, medical teams and patients, the conversion of transplant facilities to COVID hospitals became a concern among both the doctors and the patients. The fear of acquiring COVID-19 infection immediately post-transplant with every hospital having plenty of COVID-19 cases discouraged patients from getting transplantations done. Awareness about the safety of transplant procedures during the COVID-19 era should be created among p at i e nt s by d i s pl ay i ng transplant data during the COVID-19 pandemic in hospitals at strategic areas such as dialysis units, ICU, CCU. Print and electronic media can also be of great help ORGAN/PAGE 7
Mixing and matching our vaccines Our knowledge of the deadly corona virus and its variants is constantly evolving. Ditto regarding the dif ferent vaccines that are being tested and used to combat it. Because of this we can probably excuse vaccination czar Carlito Galvez, Jr. for making the announcement that we can mix-match the different vaccines. Those who have previously received their first jabs of Sputnik V can get their second dose via Aztra Zeneca. Sadly, Galvez ‘s pronouncement is not evidence-based. Rather it is supply-based. At the time of Galvez ‘s announcement, the delivery of Sputnik V has been delayed due to logistical concerns. The National Vaccination Operations Center, headed by DOH Undersecretary Myrna Cabotaje, still has to make a memorandum advisory tackling the guidelines on vaccine mix and match strategy. But Cabotaje has already been pre-empted by Health Secretary Francisco “Pincoy” Duque III. Secretary Pincoy has been quoted as saying that the recommendation of the
vaccine experts to mix two different jabs with the same vaccine technology platform is "safety-wise." …(T)he mix and match strategy is applicable in vaccines with the same technology such as Pfizer and Moderna--which are all mRNA Covid-19 vaccines. In the case of AstraZeneca and Sputnik V, Duque said “both vaccines are using an adenovirus vaccine vector.” Global warming deadlier than Covid 19 In the midst of a resurgent COVID 19 pandemic, we tend to forget another more deadly catastrophe – global warming. Global warming will hit 1.5 degrees by 2040! It is therefore opportune to reiterate this warning from world scientists. “The earth is warming faster than previously thought… and the window is closing to avoid catastrophic outcomes.” Contemporar y evidence frequently cited are the unprecedented increase in the earth’s temperature, wildfires, severe flooding in otherwise dry areas, and severe storms. A scan of international news headlines
confirms the warnings. “Sicily soars to 120 degrees, potentially setting Europe a l l - t i m e h e a t r e c o r d .” “Wildfires rage in Algeria as heatwave hits North Africa”. “Thousands of California residents are ordered to e v a c u at e a s t h e D i x i e Fire nears 500,000 acres”. “Germany’s wine country counts cost of devastating summer floods.” So what can we do about it? The very first step is a recognition by our national leadership that, indeed, the problem exists. So far, the government response has been one of denial. At best, it has been myopic. In a public address, President Duterte in effect said that it is not our fault and It is not our problem. The developed countries have been the major contributors to the carbon emission so let them solve it. So far, the country’s response to global warming has been NGO-led and it may be too little too late. A tale of two champions When Rocky Marciano retired undefeated, with a 49-0 record, the great A m e r i c an h e av y we i g ht
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IGNACIO BUNYE champion, was set for life with a four million dollar fortune. Stories have been told and retold about how Rocky managed his finances. A careful manager of his own money, Marciano did not believe in banks. Marciano reportedly kept his money in mattresses, jars, and refrigerators. He was also secretive about his postboxing business dealings. He was far from penniless at the time of his death, but when He died in an airplane accident without making a will, he failed to reveal to his family where he had placed much of his fortune. It is said that Rocky always carried large amounts of money in his person. In VACCINES/PAGE 7
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Ayala’s first semester core net profits reach near pre-pandemic level 1H21 vs 1H20 Highlights •Ayala Corporation reported a net income of P10.4 billion in the first semester, expanding 31percent from the low base of the previous year when the metropolis was under a higher quarantine status. The improved results of its business units supported Ayala’s earnings: • Ayala Land registered a net income growth of 34 percent to P6 billion showing significant improvements in performance compared to the first half of 2020 during the onset of the pandemic. BPI’s net income went up one percent to P11.8 billion due to lower loan loss provisions. • Globe recorded a net income growth of 13 percent to P13 billion on higher gross service revenues as well as the positive impact of the CREATE law. • AC Energy Corporation (ACEN) posted a net income growth of five percent to P2.7 billion as power demand returned to pre-pandemic levels and additional renewables capacity were added. This was partially tempered by high spot electricity purchases during a thermal outage and the absence of non-recurring gains during the period. • Manila Water’s net income improved 10 percent to P2.7 billion, mainly due to the absence of provisions and adjustments made in the same period last year. • In accordance with accounting standards, Ayala’s investment in Manila Water was reclassified from a subsidiary to an Investment in Associates beginning June 3, 2021, following loss of control. This reflects Ayala’s reduced economic interest in the company from 51.4 percent to 38.6 percent following the completion of Trident Water’s acquisition of a majority stake in Manila Water. • AC Industrials narrowed its net losses from P1.8 billion in the previous year to P592 million due to better results across its subsidiaries, including IMI and AC Motors. • Meanwhile, Ayala’s core net income, which isolates the effect of various provisions, remeasurement losses, the CREATE law as well as divestment gains booked in 2019, decreased eight percent to P13.3 billion in the first half of the year compared to the same period last year. This is equivalent to 90 percent of Ayala’s pre-pandemic level. • On a topline basis, Ayala’s diversified portfolio supported its performance in the first semester. Its revenues grew 24 percent to P122 billion from the same period last year. Ayala Land, Globe, and AC Industrials exhibited topline improvement amid the current business climate:
• Ayala Land’s revenues were up 19 percent to P49 billion propelled by continued construction progress and higher bookings from property development while commercial leasing operations were weighed down by renewed restrictions. • Globe’s topline increased four percent to P75.5 billion on the back of continued demand for mobile and home broadband data amid the pandemic. • AC Energy Corporation’s revenues expanded 35 percent to P13.4 billion as power demand returned to pre-pandemic levels and additional renewables capacity were added. • AC Industrials’ revenues soared 32 percent to P40.7 billion as manufacturing plants in IMI ramped up alongside loosening quarantine restrictions from the height of the health crisis in last year as well as demand recovery across its various businesses. • Meanwhile, BPI continued to navigate through the challenges of the pandemic as its revenues declined seven percent to P48.1 billion from muted loan demand which was tempered by the strength of BPI’s diversified businesses. “Our first semester results show recovery in the business environment compared to last year. However, increasing infections from the Delta variant present new challenges”, Ayala President and CEO Fernando Zobel de Ayala said. “As a business group operating in diversified industries, we will continue to do our part in helping revitalize the economy through continued investments and supporting the country’s pandemic response and vaccination program,” Mr. Zobel added. 2Q21 vs 1Q21 Highlights • Ayala’s core net income declined 15 percent to P6.1 billion in the second quarter from the first quarter of the year as the better performance of Ayala Land and Globe were outweighed by weaker results of BPI and AC Energy and higher losses of AC Industrials and AC Ventures. • Meanwhile, Ayala’s reported net income decreased seven percent to P5 billion. Real Estate • Ayala Land’s consolidated revenues and net income increased 19 percent to P49 billion and 34 percent to P6 billion, respectively in the first half of 2021 compared to the same period last year, showing significant improvements in performance compared to the same period last year during the onset of the pandemic. • Property development revenues saw a growth of 37 percent to P34.1 billion on the back of continued construction progress and higher bookings. • Residential revenues surged 47 percent to P30.1 billion.
• Office for sale revenues jumped 43 percent to P2.1 billion. • Commercial and industrial lots declined 32 percent to P2 billion. • Residential sales reservations grew 26 percent to P48.2 billion as local demand remained strong throughout the period. • Second quarter sales reservations improved 45 percent to P19.7 billion from the same period last year despite the reimposition of an enhanced community quarantine at the end of March until April. • Commercial leasing revenues dipped 26 percent to P9.5 billion as operations of malls, hotels, and resorts were weighed down by renewed restrictions. * Shopping center leasing revenues went down 43 percent to P3.4 billion. • Office leasing income slightly improved to P4.8 billion with host of BPO and HQ tenants providing support to office leasing operations. • Hotels and resorts rental revenues dropped 42 percent to P1.2 billion. • Capital expenditures reached P32.1 billion in the first half of the year. • Ayala Land launched eight projects worth P25.3 billion in the second quarter alone, bringing the total projects launched in the first half to 14 at P44.3 billion. These include: Ayala Land Premier’s Anvaya Cove S3 in Morong, Bataan; ALVEO’s Bayview Heights in Cagayan de Oro, Misamis Oriental; Avida’s Averdeen Estates Phase 1 and Southdale Settings both in Nuvali, Laguna, Makati Southpoint Tower 2, and Astrea Tower 2 in Quezon City; and Amaia’s Steps The Junction Place Clara and Skies Cubao Tower 2 both in Quezon City. The company has budgeted P100 billion-worth of launches in 2021. Banking • BPI posted a net income of P11.8 billion in the first half of 2021, one percent higher in the same period last year due to lower loan loss provisions recognized. • The bank’s second quarter net income was its highest since the start of the pandemic, reaching P6.8 billion in the period, up 29 percent year-on-year and up 36 percent quarter-on-quarter. • Total revenues decreased seven percent to P48.1 billion due to lower net interest income and noninterest income. P Net interest income dipped seven percent to P33.9 billion because of a 24-basis point contraction in net interest margin, which ended at 3.32 percent. • Non-interest income likewise declined seven percent to P14.3 billion due to lower trading income despite fees and commissions showing a 37 percent growth. P Total loans declined four percent to P1.4 trillion because of softer demand
A View on Education in this Pandemic JOCEL DALAPO BERNADOS School Head KALIPAY NATIONAL HIGH SCHOOL
The field of academe is in the middle of the most challenging and overwhelming times in history. This global pandemic has effortlessly given disruptive effects on the normal life we all live then. One of the many measures our country has opted to in response to this crisis includes the suspension of face-to-face classes at all levels. For the parents, students, and most of the schools- the effect has truly been devastating. This has forced schools and teachers to adapt in any way possible to safely give learners the opportunity to learn. The arrangement of the different learning modalities in several formats and platforms, the support of people in the field of education and from the communities, and most of all the well-being of our students are just few of the concerns. With the change of times and needs brought by this pandemic, the experiences for each individual in the academe are truly exhausting but at the same time inspiring. A whole year of learning before is truly incomparable to what we have had in this school year. In the far-flung schools where the mode of learning is done through modules, it’s visible that students have really shown eagerness to connect, reconnect and learn. But the challenge still would always be the quality of learning they receive in this learning modality. Wherever you are in the country, the insurmountable phases of readiness are challenged. This crisis and our response contributed to how can we
create or reshape a new paradigm that is convenient and adaptive for all. The beginning of the school calendar in the Philippines late last year received many questions and doubts from the people, not to mention those individuals who also scrutinize the quality of learning our students might receive that contributed to many hesitations at the start of the school year. In a year or two, there is still no guarantee that we will be back to normal. In all the challenges we encounter, the heaviest weight was carried by the leaders and the prime movers of the school- our school heads and teachers. We can agree that we are not ready for this big change in education. Many things need to be placed in the hierarchy of priority. Had the teachers see this coming, they too can able to build a blueprint for themselves. We were all caught unaware and unprepared; giving us so many hesitations. The predicament of letting the schools operate with efficiency and consistency is beyond their control. The future of education is still unknown to us. While we are battling against the difficult time of ours, we will continue to uphold our values. In a year or two, it won’t guarantee a free Covid-19 atmosphere for all of us but we are hopeful that education by then will rise to its maximum gauge of readiness, transparency, and efficiency for all levels of education across the country. With this in mind, we could only hope for the best especially for the heart of the school- our learners.
in corporate, SME, and auto loans. • Total deposits decreased four percent to P1.7 trillion as CASA grew 11 percent, which offset a 43 percent decrease in time deposits. • CASA ratio stood at 83.2 percent. • Loan-to-deposit ratio was 80.8 percent. • The bank recognized P6.5 billion in provisions in the first half, 56 percent lower than the same period last year. NPL ratio stood at 2.94 percent and NPL coverage ratio reached 120.3 percent. • B PI af f i r m e d i t s s t r ate g i c imperatives which focus on five key initiatives underpinned by its passion for its customers: • It aims to be the undisputed leader in digital banking as it leverages its early investments in digitalizing its systems to deliver products and services that will enhance customer experience and deepen their relationship with the Bank. • As clients adopt digitalization, the bank will rationalize its branches through re-location, consolidation or co-location. The remaining branches will undergo physical transformation and will be segmented depending on the client preferences in the area. • BPI aims funding leadership by becoming the main operating bank of its corporate clients, capitalizing on its robust transaction platforms and optimizing funding cost. • The bank will continue to reposition its loan book by increasing exposure to SME and consumer loans. • As part of its thrust for Sustainable Banking, BPI launched its Sustainability Agenda and made significant commitments: become the most financially inclusive bank through BPI Direct BanKo, no additional commitments to finance greenfield coal power generation projects and support the Task Force on Climate-related Financial Disclosures. Telco • Globe’s net income increased 13 percent to P13 billion in the first half as the decline in non-operating charges and upside from the implementation of the CREATE law fully covered for the increase in depreciation expenses. • Excluding the impact of non-recurring charges, foreign exchange, and mark-tomarket charges, Globe’s core net income grew 19 percent to P13.2 billion. • Total service revenues grew four percent to P75.5 billion driven by data revenues led by home broadband. Total data revenues accounted for 79 percent of total service revenues, a growth of 300 basis points from the same period last year. • Growth in data was present in all segments, most evident in the upward momentum of Globe’s mobile data and home broadband categories. • Mobile data revenues increased seven percent to P38.6 billion. • Mobile data traffic grew 59 percent to 1,761 petabytes. • Home broadband revenues soared 16 percent to an all-time high of P14.5 billion. • Home broadband subscriber base grew 47 percent to over 4.2 million customers. • Corporate data expanded eight percent to P6.3 billion. • EBITDA dipped three percent to P37.4 billion due to higher costs and expenses attributed to more spending to support its aggressive network expansion and improve customer digital lifestyle experience. • Operating expenses including subsidy grew 12 percent to P38.1 billion. • EBITDA margin consequently contracted by 300 basis points to 50 percent. P Capital expenditures more than doubled to P43.3 billion, representing 57 percent of gross service revenues and 116 percent of EBITDA. Moreover, 88 percent of the investment went to data-related requirements for network expansion and network modernization from 3G to 4G LTE/5G as well as fiber technology. • As a resul t of c o nt inuous modernization of its network to make 5G and fiber technology available to more customers nationwide, Globe has made strides in improving its overall network data infrastructure: • New cell towers ramped up to 641, an improvement of 71 percent • Upgraded mobile sites reached 8,175 or a 47 percent growth • On the fixed line front, it has surpassed the 600,000 FTTH lines delivered in 2020 Power • AC Energy Corporation posted a net income growth of five percent to P2.7 billion. Revenue expanded by 35 percent to P13.4 billion as power demand returned to pre-pandemic levels and additional renewables capacity were added. However, the strong revenue growth was partially offset by high spot electricity purchases during a thermal outage. The absence
of non-recurring gains during the period also tempered income growth. • Meanwhile, AC Energy group’s legacy coal plants (GN Power Kauswagan and AA Thermal, both of which are outside of ACEN) registered a 28 percent decline in equity in earnings to P1.9 billion in the first half of 2021, mainly due to a loss on derivative (related to project loan) and higher business taxes. • Given the reduced ownership in ACEN and decline in legacy coal plant earnings, AC Energy group registered a net income decline of 21 percent toP3.5 billion in the first half of 2021. • ACEN commenced the operations of two solar plants in the Philippines and two solar plants in India in the second quarter. Philippines: 63MW Gigasol Palauig in Zambales (April) and 120MW Gigasol Alaminos in Laguna (June). India: 70MWdc Paryapt Solar in Gujarat (April) and 140MWdc Sitara Solar in Rajasthan (May). • In May, ACEN completed the listing of 1.58 billion primary shares from its follow-on offering, which raised P10.3 billion. Regulators then approved the company’s increase in authorized capital stock, which enabled the infusion of parent ACEIC’s international platform into ACEN via an asset-for-share swap. These strategic initiatives, alongside the recently concluded P5.4-billion stock rights offering in January, and the P11.9billion private placement to Arran in March, enable ACEN’s transformation as Ayala’s main energy platform. With the infusion of international assets, the power company now has more than 2,500 MW in attributable capacity, of which 2,070 MW, or 80 percent, comes from renewable sources. AC Energy intends to achieve 5,000 MW of renewable capacity by 2025, toward its vision to become the largest listed renewables platform in Southeast Asia. Industrial Technologies • AC Industrials narrowed its net loss to P592 million in the first semester from P1.8 billion a year ago as IMI benefited from better utilization and recovering markets, while AC Motors saw stronger demand following looser quarantine measures. • From a net loss in same period
last year, IMI recorded a net income of US$915,000 (P46.1 million) amid the continuing global chip shortage and challenged supply chains. • Meanwhile, AC Motors’ revenues grew 42 percent to P8.1 billion in the first semester as the Philippine automotive market continues to recover. Both automotive and motorcycle businesses grew, buoyed by new models launched across the portfolio. Balance Sheet Highlights • Parent level cash stood at P16.9 billion. • Parent net debt stood at P119.1 billion. • Parent net debt-to-equity ratio stood at 94 percent. • Consolidated net debt-to-equity stood at 66 percent. • Loan-to-value ratio, the ratio of its parent net debt (excluding the fixed-forlife perpetuals which have no maturity) to the total value of its assets, was at 9.8 percent. • In May, Ayala Corporation completed the first tranche of its P30 billion Debt Securities Program with an aggregate principal amount of P10 billion consisting of a base offer of P6 billion and an oversubscription option of an additional P4 billion. The first tranche consists of 3.0260% Series A Bonds due 2024 and 3.7874% Series B Bonds due 2026. The bonds were issued and listed at the Philippine Dealing & Exchange Corporation on May 28, 2021. • Ayala is taking advantage of attractive levels in the equities market to invest in value-accretive opportunities such as its exercise of a share buyback and block purchase of Ayala Land shares. • Ayala purchased a sizeable block of its own shares in May valued at P5.8 billion. Combined with its past buyback exercises, Ayala has accumulated shares equivalent to 1.7 percent of its total outstanding shares at an average purchase price of P691 per share. • Ayala recently purchased blocks of Ayala Land shares at an average price of P36.34 per share. These transactions increased Ayala’s stake in Ayala Land from 44.5 percent to 46.4 percent as of July 2021.
6
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MON-TUE|AUGUST 16-17, 2021
'Rufus" is top performer in nationwide job performance
C
By CRIS DIAZ, Executive Editor
AGAYAN DE ORO CITY: House Deputy Speaker and Cagayan de Oro Rep. Rufus Rodriguez ranked 7th among 300 Representatives in the latest nationwide job performance survey. The public satisfaction survey was conducted by the RP-Mission and Development Foundation Incorporated. Rodriguez earned 67 per cent job performance rating from respondents in the entire Philippines making him No. 7 in the entire country and ranking him the No. 1 Congressman among Mindanao representatives. “I am very honored to be ranked 7th of the Top performing Representatives in the country and No. 1 in Mindanao. I dedicate this recognition to my beloved constituents in Cagayan de Oro City,” Rodriguez
said. The other Mindanaonon lawmakers who placed 8th and 10th in ranking is presidential son and Davao City 1st District Rep. Paolo Duterte (Region 11) and Sarangani Rep. Rogelio Pacquiao (Region 12) with 65 per cent and 62 per cent respectively. The survey also shows that House Speaker and Marinduque Rep. Lord Velasco ranked 1st with 85 per cent performance rating. The “House of Representatives Public Satisfaction Survey” conducted by RP- Mission and Development Foundation Inc. is an independent, noncommissioned nationwide survey and performed per district in every region with a total of 10,000 respondents. In the survey, Rodriguez also rank
No. 1 among fourteen district representatives in Northern Mindanao It can be noted that as of April 8, Rodriguez
R.A. 10172 (Gender) NOTICE FOR PUBLICATION In Compliance with Rule 7 of R.A. 10172, a notice is hereby served to the public that MARNIE CANAYA ABATAYO has filed with this Office, a petition for Correction of Clerical Error - Change of Gender from "FEMALE" to "MALE" in the Certificate of Live Birth of MARNIE CANAYA ABATAYO who was born on AUGUST 28, 2011 at KAPATAGAN, LANAO DEL NORTE and whose parents are WARLITO LABISTO ABATAYO and ANITA ARANTE CANAYA. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.
(SGD) IVY REYES TONGCO Municipal Civil Registrar
BWM: August 9 & 16, 2021
Mr. LIU, HAN Chinese national as Construction Manager of the company Colomba Construction and General Merchadise. Located at Patag 6th Division Cagayan de Oro City. JOB DESCRIPTION: • Overseeing and directing construction projects. • Completion reviewing the project in-depth deliverables and estimate costs. • Provide 24/7 support onsite and offsite construction. QUALIFICATIONS: • Chinese national. • Has an experience as a Construction manager. • Has good communication skills. • Ages 20-30 years old, Male only. SALARY: • Php 20k Monthly -----------------------------------------------------------------------Mr. LUO, CAIHONG Chinese national Safety Manager of the company. Colomba Construction and General Merchandise located at Patag 6th Division Cagayan de Oro City. JOB DESCRIPTION: • Monitoring and addressing compliance with all health and safety legislation. • To plan, implement and conducts preventive care, safety and compliance. • Enforcing a hazard assessment process and procedures as well as other health and safety policies. QUALIFICATIONS: • Chinese National • Has an experience Safety Manager. • Has good communication skills. • Ages 24-35 years old, Female only. SALARY: • Php 20k Monthly
CAGAYAN DE ORO CITY--In line with the Duterte administration’s goal of bolstering law and order capabilities and public trust among law enforcement officers, the Philippine National Police (PNP)-10 reaffirms its commitment to providing quality public service as it implements PNP Chief Guillermo Elazar’s Intensified Cleanliness Policy (ICP) to correct basic and often overlooked concerns within its offices. “Kining intensified cleanliness policy nga ginahimo sa atong chief PNP karon simple lang kaayo. Mao na ang gitawag nga kahapsay sa atong lugar, hunahuna, ug sa tanan abot pa sa pag-alaga sa atong kapaligiran,” PNP-10 Chief PBGen. Rolando Anduyan said during the CORDS-X podcast with Communications Secretary Martin Andanar, August 14. (This intensified cleanliness policy that our chief PNP is doing
IN RE: PETITION FOR SPECIAL PROCEEDINGS NO. RGUARDIANSHIP OVER THE CDO-21-01918-SP PERSON AND THE PROPERTY OF THE INCOMPETENT PERSON FOR: THERESITA BLANCO MONIZ, PETITION FOR GUARDIANSHIP LETECIA ACERO GENERALAO, Petitioner. ---------------------------------------/ ORDER
Before this court is a petition for guardianship.
now is very simple, it is to encourage orderliness in our area, mindset, and our environment) Through the ICP, Anduyan said they are now correcting flaws in their recruitment framework, ensuring cleanliness in all their PNP precincts, stations, and offices, and establishing stronger coordination among local government units (LGUs) in the region. Further, as part of ensuring quality police officers in their ranks, he shared that are now enforcing and maintaining more punitive and reformatory accountability measures for police officers who go out of line. With new reforms and high morale among its people due to the administration’s strong support and oversight in the peace and security sector, the PNP-10 Regional Head observed a 60 percent decrease in crime volume in the region from 2017 to 2020 since SERVICE/PAGE 7
Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 38 Cagayan de Oro City
Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 38 Cagayan de Oro City
Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar
also ranked 1st among the members of the House with most number of bills filed at 689. He also has perfect attendance.
PNP-10 reaffirms quality public service thru ICP, social initiatives
IN RE: PETITION FOR NO. GUARDIANSHIP OVER THE SP PERSON AND THE PROPERTY OF THE INCOMPETENT PERSON THERESITA BLANCO MONIZ, LETECIA ACERO GENERALAO, Petitioner. ---------------------------------------/
SPEC. PROC. R-CDO-21-01918-
Finding the petition sufficient in form and substance, the same is hereby given due course.
ORDER
IT IS HEREBY ORDERED that said petition be set for hearing on July 9, 2021 at 9:00 in the morning at the Session Hall of this Court, on which date, time and place, all persons who may have any opposition to the petition herein sought, may appear to show cause why said petition should not be granted.
In today’s initial hearing, the court notes the absence of any opposition. While petitioner manifested that they received an opposition from a certain Atty. Pacana, the same is still not on record.
Let this order be published once in a duly accredited newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. Likewise, let copies of this Order, be posted in the Bulletin Board of this Court, the Provincial Capitol of Misamis Oriental, and Municipal Hall of Balingasag, Misamis Oriental. Further, let copy of this notice be furnished to the Office of the Solicitor General; DSWD of Balingasag; the incompetent, Theresita B. Moniz; and the persons living with her, viz; Emily J. Calgas, Kierstin May Curib Generalao, and Conarie Shane Curib Generalao.
SO ORDERED.
May 18, 2021 at Cagayan de Oro City.
(SGD) EMMANUEL P. PASAL Judge
It also appears that proof of compliance with the jurisdictional requirements is not yet complete. In view of the foregoing, set the continuation of the initial hearing to September 3, 2021 at 9:00 in the morning.
SO ORDERED
Done through video conference
Cagayan de Oro City, July 9, 2021.
(SGD) EMMANUEL P. PASAL Judge
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MON-TUE|AUGUST 16-17, 2021
Character... from page 4
studying when I was tired or discouraged. I earned my university degree, but no professor ever gave me lessons as valuable as those I learned from Bud.” Dad and Mom, never forget: “Our children will live like us in spite of everything we tell them.” So ask yourself: Is my charac ter wor t h copying? “Young people are looking for good examples, not good speeches.” The most valuable gift you can give to your children is being the daily model they can follow the rest of their life. Won’t you ask your Father in heaven to forgive you for not being the example your children need? Jesus wants to give you His love and power to start changing and becoming the good example of character your children can copy. Just think a minute.
Organ... from page 4
to spread positive information among the public for the same. Things you know before you opt to donate your organ • The living donor must be in good physical and mental health while taking the transplantation process ahead. • The donor must be at least 18 years old and should have his/her parents’/ guardian’s consent. • The donor should be willing to donate and should not feel it as a compulsion as it is a voluntary act. • The donor needs to be well informed about the risks, benefits, potential outcomes both positive and negative for both the donor and the recipient. • Have a good support system.
Vaccines... from page 4
1962, Marciano was invited to support the campaign of Ted Kennedy, a fellow resident of Massachusetts, who was running for congress EXTRA JUDICIAL SETTLEMENT WITH DEED OF SALE KNOW ALL MEN BY THESE PRESENTS: That the late CRISOLOGO R. REYES, that the deceased died of intestate, without will or testament, and without any outstanding debts in favor of any person or entity; that during her lifetime the deceased was the owner of a certain real property, and which parcel of land with Katibayan ng Orihinal na Titulo Blg. P-4113 situated at the Barangay Indahag, City Cagayan de Oro; Province of Misamis Oriental island of Mindanao, containing an area of SIXTY FIVE THOUSAND ONE HUNDRED FORTYNINE (65, 149) SQ.M., portion of parcel of land Lot 22182, cad 237, (lot 29, Csd-12558) situated at the Barangay Indahag, City Cagayan de Oro; Province of Misamis Oriental island of Mindanao, containing an area of THIRTY THOUSAND SIX HUNDRED TWENTY PESOS ONLY (30,620) SQ.M., and has been the subject of an EXTRA JUDICIAL SETTLEMENT WITH DEED OF SALE, filed by the heirs of CRISOLOGO R. REYES, in favor of GEREDAH DEVELOPMENT CORPORATION, PER DOC #67; PAGE #14; BOOK #LXVII; Series of 2021 under the Notarial Registry of ATTY. BRAULIO LINEJAN RUGAY, JR. BWM: Aug. 16, 23 & 30, 2021
for the first time. Kennedy’s campaign manager had suggested that Marciano join Kennedy in an open motorcade. Instead, the campaign manager said “Marciano reached in his pocket and he pulls out this roll of money, green money like that (indicating a roll as big around as a soup can.) “I’d never seen a roll of money like that.” And Marciano licked his thumb and started peeling off bills, saying, “How much?” Wi k i p e d i a n a r r a t e s another champion’s financial journey. “Despite Joe Louis's lucrative purses over the years, most of the proceeds went to his handlers. Of the over $4.6 million earned during his boxing career, Louis himself received only about $800,000. Louis was ne ve r t hel e ss e x t re mely generous to his family, paying for homes, cars and education for his parents and siblings. He invested in a number of businesses, all of which eventually failed, including a baseball team and a horse farm.” Wikipedia continues: “A combination of this largesse and government intervention eventually put Louis in severe financial straits. Initially, the IRS billed Louis $500,000, with interest accumulating every year. Louis’ comeback boxing proceeds did not even keep pace with interest on Louis's tax debt. As a result, by the end of the 1950s, Louis owed over $1 million in taxes and interest.” Paging 8-time world champion Manny Pacquiao a n d ou r n e w O l y mpi c champions – Hidilyn Diaz, Nest hy Petecio , C arlo Paalam and Eumir Marcial. If you still have not thought about it, consider hiring a professional fund manager, with a solid track record, to help you conserve and grow your wealth. I can give you a referral. Note: You may wish to share the foregoing article via Facebook, Twitter, Linked-In or Viber.
Proof... from page 1
(to follow). I's hard to accuse especially if it's not true," he said. As Covid-19 continues to threaten the country, Aseron reminded that there are two benefit packages under PhilHealth Circular No. 2021-0007. The first is the Covid-19 vaccine injury compensation package that will cover
hospital confinement, permanent disability, or death due to serious adverse effects caused by the jab. “ T h is c omp e ns at i on package is available to all of our countrymen who had their Covid-19 jab through the vaccination program. We have a P100,000 indemnification package in case of serious adverse effects, which includes individuals who may suffer a permanent disability. It will remain in force until March 2, 2026, or until the completion of the Covid-19 vaccination program,” Aseron said. The other compensation package will be for those who were initially assessed and managed as Covid-19 cases and eventually tested negative. The package for mild pneumonia costs P18,000 while a severe or critical pneumonia benefit package costs P38,000. (PNA)
Cripples...
from page 1 with that kind of earnings,” Goking said. The National Inter-Agency Task Force have deescalated the status of Cagayan de Oro along with Iloilo City and Laguna from the restrictive ECQ to modified ECQ. Mayor Oscar Moreno lauded the move, saying it is a welcome respite for the workers and economy of Cagayan de Oro. “I hope this will not be a license for the Cagayan de Oro residents to go out and party. The virus is still out there,” Moreno stressed.
Updating... from page 1
where only the heads of households were only encoded, and they did not include the members of their families. So it is necessary that they will bring this up to the grievance committee in the barangay, or inform the CSWD for proper action," Inodeo said. All 4Ps beneficiaries a n d r e c i p i e nt s o f t h e unconditional cash transfer program will receive the special cash aid for those affected by the ECQ, he said, noting that their profiles need not be updated as these have been recorded.
Delays... from page 2
their exposure with Covid-19 patients. Moreno said that as of presstime, the hospital is already running under 209
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percent capacity. But he emphasized that as a government-run medical facility, they will continue to accept patients, both Covid and non-Covid ones. Along this line, Moreno is appealing to the public to avail of the government's remote medical consultation known as Telekonsulta to decongest the city's hospitals. The numbers to call are 0926-063-6242 and 0953359-4762. As of presstime, there are 734 Covid-19 patients admitted in the city's public and private hospitals. In the meantime, construction of the Covid ward at JR Borja General Hospital is being fasttracked to cater to the continuing surge of coronavirus cases here. This even as Mayor Oscar Moreno on Friday ordered the city's Human Resources Management Office and the City Budget Office to freeze the hiring of new employees at other city hall departments and prioritize recruitment of medical personnel instead. The Department of Health 10 has likewise detailed 12 of its nurses to the city government.
Management System from ISO 22301:2012 to ISO22301:2019. This upgrade will ensure that Hedcor remains ready for a wide range of potential threats and disruptions. With BSi’s innovative auditing process via digital channels to abide by the quarantine protocols, auditing processes are done in a single wave.
from page 2
Approvals...
Hedcor...
protected. Hedcor ensures that its operations mitigate a dve rs e e nv i ron me nt a l impacts. After successfully upgrading from the OHSAS18001:2007 to ISO45001:2018 last year, He d c o r i s o n c e a g a i n Occupational Health and Safety Management Systemcertified. This entails that Hedcor provides safe and healthy workplaces in its 22 hydropower plants and its offices in Luzon and Mindanao. BSi has also recommended continued certifications for ISO 27001:2013 Information Security Management System and ISO 55001:2014 Asset Management System. Both are with zero non-conformity. These certifications ensure security of the organization’s ass ets with the former focusing on information assets. Adding to its array of global certifications, Hedcor has successfully upscaled its Business Continuity
Plan... from page 3
and safety of everyJuan,’” she explained. To recall, the budget carrier laid off 30%, or around 1,300, of its total work force in 2020 amid a pandemic crisis that continues to ravage the air-travel sector. On Wednesday, Cebu Air reported P6.5 billion in second-quarter net loss attributable to parent firm equity holders, compared with a net loss of P8 billion in the same period in 2020. For the first half, the attributable net loss was P13.8 billion, compared with a net loss of P9.1 billion in the same period a year earlier. “The group believes that it remains a resilient airline despite the adverse impact” of the coronavirus pandemic,” Cebu Air said. from page 3
facilities, and seven for ecozone development projects. “These projects are essential especially as we continue to go back to our vibrant and booming economy,” Plaza said. As the country aims for population protection and reopening the economy, Plaza is optimistic that PEZA can fulfill the last few months of 2021 with “flying colors”. “The Covid-19 pandemic cannot stop us from performing at our best and ensuring that we continuously attract more investments, generate exports, and produce jobs for millions of Filipinos even post-pandemic,” she said. PE Z A c ont i nu e s it s advocacy in promoting the creation of special economic zones, particularly in the countryside, by identifying an d t r ans for m i ng i d l e lands into ecozones to help accelerate economic and employment development in the Philippines. (PR)
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the start of Duterte’s term. “Makaingon ko sa unang panahon nga dili pa presidente si President Rodrigo Duterte ug k aron ng a s iy a na ang preisdente, makita nato ang measurement nga atong gihimo nga baseline na almost more than 60 percent nga ninaog ang krimen. Hapit nako magretire pero karon pa gyud ko nakakita ug presidente nga grabe ka focused sa war against drugs and focused sa anti-criminality programs," he shared. (I would say that in comparison before President Rodrigo Duterte was the president and now that he is the president, we can observe that almost more than 60 percent of our crime volume has dropped. I am about to retire but this is the first time l’ve seen a president who is ver y focused on the war against drugs and focused on anticriminality programs) Despite the disruption of the coronavirus disease ( C OV I D ) - 1 9 p and e m i c in their usual policing, Anduyan said they are still continuing their anti illegaldrug operations, boundary security checkpoints, and Ending Local Communist Armed Conflict (ELCAC) programs in the region with the Armed Forces alongside their social and community support activities such as their “Pulis Ako, Titser A ko,” S C U BA SU R E RO, B A R A N G AYa n i h a n (Bayanihan sa Barangay), among others to ensure the general public that the PNP-10 is steadfast in their commitment towards building a better nation. “Kami diri sa Region-10 nga kapulisan ang permanente mag-ingon nga kanang kalinaw, kahapsay sa mga lugar ug panahon, kana gyud ato nang maabot kung tanan magkasinabot, tanan magkahiusa, ug tanan magtinabangay," he said. (We, here at Region-10 police, will always say that peace and order can only be achieved if we understand each other, if everyone is united, and if ever yone works together). (VPSB/ PIA-10)
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Cebu Pacific announces migration of GetGo to Go Rewards C EBU Pacific, the Philippines’ leading airline, announces that its loyalty program GetGo is now Go Rewards, the lifestyle and rewards program of the Gokongwei group. This gives everyJuan more ways to enjoy deals and benefits from its many partner brands. With this migration, GetGo points earned BEFORE January 1, 2020 are converted into Cebu Pacific Travel Fund. This virtual
wallet may be used to purchase new flights and add-ons (and even taxes and fees) on the CEB website. Points earned from January 1, 2020 onwards are converted into Go Rewards points. One (1) Go Rewards point is equivalent to PHP1.00, and can be redeemed by the member for the flights with CEB or purchases in over 2,000 retail stores. GetGo members have been informed of their corresponding
point conversions via registered email. “We are excited to be part of this new and improved loyalty program where we are now able to offer more rewards and options for our customers,” said Candice Iyog, vice president for marketing and customer experience. Under Go Rewards, members can earn and redeem points from purchases in Robinsons Department Store, Robinsons
Supermarket, The Marketplace, Shopwise, Southstar Drug, True Value, Daiso, Toys R Us, Mini Stop, Daiso Japan, No Brand, Caltex, and Handy Man, and many more. Members can also enjoy exclusive deals and coupons that they can discover via the Go Rewards app. Members with GetGo loyalty cards may exchange them for the new Go Rewards Classic card. Simply present the old GetGo card in any Robinsons Retail store, and immediately activate the card through the Go Rewards app to easily view your points. GetGo members with existing Go Rewards membership can conveniently merge both accounts through the Go Rewards app. On the other hand, GetGo members who are new to Go Rewards can merge their GetGo membership by downloading the Go Rewards app, selecting “Register”, and then linking their GetGo account. After doing so, the GetGo number will be deactivated, and the new Go Rewards number will be the membership account moving forward.