BusinessWeek Mindanao (August 21, 2017)

BusinessWeek MINDANAO

YOUR Mindanao-wide BUSINESS paper

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Volume VIII, No. 32

Market Indicators As of 5:00 pm August 18, 2017 (friday)

FOREX

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US$1 = P51.49

8,016.73

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56.02

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Briefly

Kahimunan ’17 opens THE Department of Trade and Industry (DTI) region 10 opened its annual regional trade fair at the Atrium of SM CDO Downtown Premier, August 18.

Dubbed Kahimunan (Creations of Northern Mindanao), the trade fair features the best products of the five provinces of Northern Mindanao - Bukidnon, Camiguin, Lanao del Norte, Misamis Occidental and Misamis Oriental.

Products such as processed food; crafts and fashion accessories; sugar, coffee and beverages; nuts and cashew; spices and condiments; health and organic products; and home style and living items from the five provinces are showcased during the exhibit.

Organic farming BUTUAN City -- Farmers, agricultural extension workers, local government units, researchers, exhibitors and members of the academe convened for the 3rd Regional Organic Agriculture Congress (ROAC) conducted recently in Butuan City carrying the theme “Go Organic: Sa Organikong Pamamaraan, Ligtas ang Mamayan!”

The confab aims to mainstream the organic agriculture practices regionwide and encourage practitioners to obtain the Third-Party Certification in order to have better access to domestic and global markets.

According to National Organic Agriculture Board (NOAB) Member Jimmy Geronimo, DA together with organic agriculture stakeholders should envision not just the five percent conversion to organic farming, but also that every household should practice and be an advocate of organic agriculture.

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Danish investor eyes RE plant in Bukidnon www.businessweekmindanao.com

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By ANTONIO L. COLINA IV, MindaNews

AVAO City – A Hong Kongbased Danish investor is eyeing to pour in some P400 million for the construction of a 12-megawatt renewable energy plant in Bukidnon in Northern Mindanao.

Sarangani plant boosts Alsons earning to P269M

P15.00

Monday | August 21, 2017

In an inter view with reporters Friday, Anders Haagen, Gloria Mundi Energy Farming Inc. chief executive officer, said that they will start as soon as the Department of Energy (DOE) issues the permit for the construction of the plant that will take 18 months.

He said the plant will require pearl millet-napier grasses, a hybrid imported from Malaysia, that will be mixed with wastes from corn and rice mills to be fed into the plant to produce power.

He said they have a nursery in Palawan reproducing the hybrid grass that will be

distributed to farmers.

He added they will help the farmers with fertilizers and harvesting equipment once plant operations start.

But Haagen said they discourage farmers from intercropping the grass with other crops because the field plant/PAGE 11

By MYRNA M. VELASCO, Contributor

THE full financial impact of the operation of the first block of its Sarangani coalfired power plant had boosted the profitability of Alsons Consolidated Resources, Inc., (ACR) to P269 million in the first six months, higher by 7.0-percent from P251 million on a comparative period last year.

The net income attributable to parent firm

also climbed 63 percent within the January-June stretch to P85 million from the year-ago level of P52 million.

Earnings per share within this financial review period had been 75 percent higher to P0.014 from last year’s P0.008 per share.

On revenues, there had been 12 percent jump to alsons/PAGE 11

RODEO IN ORO. A student cowboy leaps at a bull during the rodeo action in Xavier University, Cagayan de Oro on Friday, Aug. 18. mindanews photo by froilan gallardo

Climate change threatens shrimp production

By ANTONIO L. COLINA IV, MindaNews

HUGO SKYE LOUNGE. A military helicopter replica is being constructed as part of the attraction of the Hugo Skye Lounge located at Barangay Indahag, Cagayan de Oro City. The tourist attraction has a restaurant, cafe, and other venues, including an area for paragliding. photo by gerry lee gorit

DAVAO City – Unpredictable weather patterns attributed to climate change threaten shrimp production, a co-owner of the largest homegrown shrimp grower in Davao Region said Friday.

Anders Haagen, a coowner of Anderlude Seafoods

Corp., said changes in weather patterns weather concern them as these would affect the growing and production of shrimps in their three locations in the region – Dumoy in Davao City, and Sta. Cruz and Hagonoy in Davao del Sur.

“There is climate change.

If we are only a farmer, then you can’t control the climate and we have experienced a lot more rain lately, we experienced a lot of things.

It makes it more risky and more dangerous to be the farmer alone,” he told reporters during the opening threatens/PAGE 11

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Economy

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Driving class for 20T PUV drivers in NorMin

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By JIGGER JERUSALEM, PNA

HOUSANDS of public utility vehicle (PUV) drivers in Northern Mindanao are expected to go back to driving class as part of the nationwide launch of the Public Utility Drivers Academy Program (Pudap).

Not only will the PUV drivers be able to polish their skills behind the wheels, but they will also to learn about road courtesy and even personal grooming, said Aminoden Guro, regional director of Land Transportation Franchising and Regulatory Board (LTFRB-10).

Pudap, enacted through Executive Order 202, mandates LTFRB to formulate and implement policies that require operators and drivers of public land transportation service to attend trainings

on transport management, road safety and good driving habits, Dir. Guro said.

Guro said the special classes are held twice a week and will have five modules during the eight-hour session, among them, a discussion on the terms and conditions of the Certificate of Public Covnenience (CPC), road safety, road rage and anger management, traffic signs and pavement markings, and good grooming.

He said the agency expects at least 20,000 drivers/PAGE 11

SECURITY preparations are now in place for the city annual fiesta.

During the radio program, “Ang Konseho Karon,” Councilor Romeo V. Calizo, chair of the Council’s committee on police, fire and public safety, tackled the security preparations in-line with the upcoming Fiesta Celebration of the City on August 28, 2017.

Being the chairman

of the City Peace and Development Council, he likewise laid out some security plans for the annual fiesta event “Kay syempre dili gayud kita gusto na mapihig ang atong katawhan sa pagsaulog sa atong kapistahan (We do not want to deprive our people in celebrating our fiesta,” he said.

Some concerns and requirements were initially and eventually being addressed and

Talakayan sa PIA discusses with Department of Health (DOH) region 10 importance of breastfeeding with theme Ugnayan-One Community Protecting, Promoting and Supporting Breastfeeding in Cagayan de Oro City on 15 August 2017. DOH shares that babies until six months old must be exclusively breastfed and that no milk can ever surpass the amount of nutrients and immunity that a milk from a mother provides. (JMOR/PIA10)

Security plans for fiesta activities set complied to ensure that the security forces will be able to perform its tasks and duties, he said. So far the mobility and communications equipment are all set-up even with our limited means, he added.

Councilor Calizo said Task Force Oro, COCPO and the CIO are presently disseminating information on the Dos and Don’ts that shall be observed during the Civic Military and

Higalaay parade.

Calizo stressed that for security and health reasons the participants are advised to refrain from wearing hats and shades and avoid the use of umbrella.

He further said they should not tag along their children during the said activity.(JAO/ SP)

Conquering Reading Difficulties among Kindergarten and Grade 1 Pupils By: Christel Melanie H. Lagrosas Head Teacher 1 Lubluban Elementary School Libertad District Division of Misamis Oriental

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Acquiring knowledge to know how to read is a complex task. However, Reading is found to be interesting to early graders especially during their foundation years.

It is imp or t ant for teachers and parents to understand the reason or causes of a child’s reading problem so that this can be treated or addressed.

There are determining factors why children at the early stage find it hard to learn how to read. The child may not know how to sound out letters or recognize them easily as taught. They may not remember the start and

the end sounds of words.

These problems during the early stage of learnings bring difficulties towards the higher levels when not addressed during the foundation years. He may not be able to spell words, while there are number of spelling rules to follow, exceptions and conventions that takes time to learn in the early stage and it is an utmost concern when phonetic words are misspelled.

While spelling is the key to decoding skills, many chi ldren wit h re ading difficulties resists to read aloud to their teachers and

parents and become easily distracted in their class’ reading period. He may not find reading as an enjoyable activity especially when reading materials are not attractive to him.

Many pupils at the young stage do not like to read for several reasons. Parents and teacher play a big important role in determining factors why children find it difficult to read. The reasons behind must be determined so as the teacher will know where to focus and master in order for the child to learn the easy steps in reading and find it as an enjoyable activity.

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CorporateWorld

Air Juan targets higher capacity in next 5 years A

IR JUAN Aviation, Inc. (Air Juan) said it plans to increase by fivefold its passenger capacity in the next five years as it aims to double capacity and expand its network.

Car sales grow 23% y-o-y in July 2017 SALES of automotive vehicles in July 2017 reached 37,951 units, up 23.3 percent from 29,967 units in July last year, data released by Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed Thursday.

Sales of both passenger cars and commercial vehicles increased double-digit in July 2017.

Passenger cars’ sales for July 2017 jumped 13.1 percent to 12,701 units from 11,230 units in July

2016.

Commercial vehicles’ sales increased by 29.4 percent to 24,250 units last month compared to 18,737 units being sold in July of the previous year.

All sub-segments of commercial vehicles had positive growth in July of this year, with sales led by light commercial vehicles reaching to 15,000 units from 11,982 in July 2016, an increase of 26.2 percent.

This was followed

by Asian utility vehicle with sales of 7,764 units, increasing by 34.6 percent year-on-year from 5,767 units; light trucks with

848 unit sales, up by 44.8 percent from 587 units; trucks and buses category four with 418 units, up by 81.7 percent from 230 units; and trucks and buses category five with 220 units, up by 28.7 percent from 171 units.

For January to July 2017 period, vehicle sales increased by 18 percent to 233,115 units from 197,447 units in the same period last year “We remain cautious as we enter the second half of the year. While monthly vehicle sales appear to continue to be strong, our initial overall market outlook for the

year has not changed,” CAMPI President Rommel Gutierrez said in a press statement.

The unit sales for the first seven months this year represents 52 percent of the 450,000-unit sales goal of the industry for the full year of 2017.

“As the original sales target by year-end looks achievable, we will continue to be vigilant with actual vehicle sales in the coming months,” Gutierrez added.

Market leaders for the January to July 2017 period were Toyota, Mitsubishi, Ford, Isuzu, and Honda. (PNA)

“[We want to increase the passenger capacity in five years to] times five,” Air Juan President John Anthony Gutierrez told reporters yesterday when asked by how much they want to increase passenger capacity during the company’s fifth anniversary event.

Paolo Misa, Air Juan marketing head, said the firm accommodates around 1,000-1,500 passengers per month, with 20% of the business serving chartered flights.

In line with its planned increase in capacity, the company plans to acquire about 10 new aircraft to add to its current fleet of 11. However, they have yet to identify the aircraft models based on demand.

“Once we see the volume is there, we can decide,” Mr. Gutierrez said.

Mr. Misa added that they are also looking at acquiring fewer aircraft but with higher seating capacity, depending on the changes in demand for popular routes.

“Then again, we can’t say that we want 10 more aircraft, [maybe], if it’s a strong route, we can go 19 seats… there are very promising routes,” Mr. Misa told reporters.

Air Juan started its operations of chartered

flights in 2012 and started scheduled chartered flights in Palawan in 2014. It now operates scheduled flights to 22 destinations in the country.

Its aircraft fleet is composed of Cessna Grand Caravan seaplanes and landplanes, as well as Bell helicopters used for chartered flights. It has three designated hubs: Manila, Puerto Princesa, and Cebu.

Mr. Gutierrez said they initially targeted their services to “time-sensitive clients,” many of whom are foreigners both on leisure and business travel, as they bring passengers directly to their destinations without going through the congestion of airports.

“For those areas without infrastructure to host big aircrafts, we can operate,” Mr. Gutierrez said in a mix of English and Filipino.

Mr. Gutierrez said Air Juan’s most popular route by far is the Manila-Puerto Galera route, which flies nine times a week via Cessna seaplanes, while the “most highlighted route” is the Busuanga, Coron route, which flies directly to popular resorts in the area, including Two Seasons, Busuanga Bay Lodge, and Sangat Island. capacity/PAGE 10

Security Bank lauded for Communication Excellence at 16th Philippine Quill Awards

The triple awards are a testament of Security Bank’s commitment to further communicate its BetterBanking brand promise.

Security Bank Corporation took home several awards during the 16th Philippine Quill Awards held at the Marriott Grand Ballroom in Newport City, Pasay. Three entries of the Bank were recognized at the awards night namely: Economic Forum from the Communication Management division; Bankers’ Bond, Security Bank’s quarterly corporate magazine, from the Communication Skills division; and “Build A School, Build A Nation: The Classrooms Project,” also from

the Communication Management division.

The 2016 Economic Forum organized by Security Bank won an Award of Merit under the Financial Communication Category. The annual forum, one of the most notable private economic gatherings in the Philippines that bring highlevel information and world-class speakers, marked its first ever entry in the Quill awards with recognition.

Bankers’ Bond received an Award of Merit under the

Publications category.

The magazine contains corporate news and human interest stories that convey Security Bank’s core values.

The “Build A School, Build A Nation: The Classrooms Project” of Security Bank Foundation was also given an Award of Merit under the Corporate Social Responsibility category for its commitment in improving the lives of students in public schools nationwide by investing in better educational facilities and training programs.

Security Bank has

been an awardee in the two categories for two consecutive years.

EVP & Corporate Services Group Head Belen Lim and SVP & Legal and Regulatory Affairs Group Head Melissa Aquino received the awards on behalf of Security Bank. The Philippine Quill Awards is the most prestigious annual gathering of companies organized by the International Association of Business Communicators Philippines where topperforming companies are given recognition in different categories.

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Opinion

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What now, Marawi?

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Ruffy magbanua NOW on its third month of fighting, the reign of terror in Marawi continues unabated and the birth of local extremism, spawned by the ISIS-inspired Maute group has sent chilling effects to this once serene and peaceful city widely known as the cradle of Islam Faith.

A civil society group org an i z e d by Mar an a o professionals has called on the government to move Mindanao peace process for ward as the platform of goodwill for building institutions that can address

Speaking out

Philippine Press Institute

ignacio bunye

The job we must not fail think a minute

jhan tiafau hurst Think a minute…Recently on television I saw the mother and father of a young 15-year-old girl b eing inter vie wed.

Their daughter’s teenage boyfriend had told her that the only way they could be together was for them to kill themselves. So the 15-year-old girl took a gun and shot herself in the head.

But when her boyfriend saw her dead, he became afraid and ran away. I watched the parents of this young g irl w ho k i l le d hers elf break down and cr y on TV. They were begging all parents to get closer to our children, and to especially really understand what our kids are feeling and going through in their own life.

It doesn’t matter how much success you and I have in our jobs and careers. Even

if we get the best education, become leaders with high titles and respected by many people, or if make heaps of money or have the highest titles. But if we fail in our mar r iage and wit h our children. If we fail to love and raise our children to be confident, mature, honest people who passionately love God and others. None of our other successes can make up for us failing as parents. It’s the one job we must not fail!

Being a successful parent is a tough job and bi g re sp ons i bi l it y. To love, teach, and shape a human being wisely from the moment they start life is over whelming! After all, babies come into our world with no manual or instructions. Then, as they grow their needs change.

Plus, each child is different, so what works with one of our kids, may not work with the other.

Yet even when we make mistakes, we can still get closer to our children so they will both respect us and also count us as their close friends. Many times the kids who rebel and make bad choices are the ones with parents who just make strict hurst/PAGE 10

are not only the military and law enforcement issues at hand. These are driven among others by weak and failed governance.

The group also calls on the political leaders to seriously work towards making the local government of Marawi transparent, responsive and relevant to the people.

For now, local discussions for the rehab of Marawi have started as the government attempts to put together a comprehensive, multiyear plan to rebuild and rehabilitate the city.

In a recent round table discussion, volunteers representing various civil society groups urged the government to immediately launch relevant clusters of agencies involved in the rebuilding effort of Marawi.

These relevant clusters shall act as actors to make Bangon Marawi rehabilitation possible and successful.

As the final assault on the remaining terrorists

now holed up in one area at the war zone gets fired up, the next immediate step of the rehab work must immediately be put in place to ensure good transition in the response and recovery phase.

A long t h is li ne, t he Department of S ocial Welfare and Development is challenged to implement a tracking system for the IDPs by going digital. This would mean the distribution of wristbands or ballers which would link to their profile.

This way each displaced person could be tracked for future distribution of goods.

The government also needs the help of the World H e a l t h O r g a n i z a t i o n’s emergency medical team to handle the influx of medical needs upon the return of the Internally Displaced Persons (IDPs).

A tent hospital facility could temporarily be set up while the hospitals in the marawi/PAGE 11

Tax reform, now!

Member:

Oro Chamber

the root causes of terror and violence.

Further, the group has called on their religious leaders to build a unified stand and action against all forms of terrorism and extremism.

Likewise, business and community leaders were urged to act together by condemning this global scourge that has disturbed the peace, displaced thousands of families, killed innocent civilians, created economic havoc beyond repair and more importantly destroyed the very fiber of human life.

It said that the violence in Marawi was an assault against Islam as a religion of peace. I say amen.

The voice of reason must be heard and respect for the dignity of every Maranao.

Fu r t he r, t he g re ater majority must prevail over few loud voices who threaten to destroy humanity and the way of life of the Maranaos.

Violence and extremism

The good news last week was that our economy grew 6.5 per cent in the second quarter. Question is: how do we sustain, even accelerate, the momentum?

Quite a few economists think that we should grow at least 7 per cent consistently year in, year out, in this generation. If this is achieved, we will be in a position to reduce poverty dramatically.

But how can we really move ahead if we don’t build?

How can me build, if we don’t have the funds?

How can we have funds if we don’t raise taxes? (Of course, the alternative is to borrow.)

How can we raise taxes, if we don’t sacrifice?

Raising taxes is a tough sell. But like it or not, it is necessary.

The reality is there is no free lunch.

Members of the Lower House had no problem approving the tax reform bill (the first of several reform packages) in no time.

Senators on the other hand, are still trying to sort out the provisions which are claimed to be “anti-poor”.

But are these measures, like additional taxes on sugared beverages, really anti-poor?

From my end, they are more like pro-health.

Whatever the case, a decision on the proposed tax reform package has to be made now. Not tomorrow.

Not next week. Sayang.

We are incurring much

opportunity loss.

Passing the tax reform package, however, is only half the solution. We have to make sure that we also improve tax collection efficiency.

We can start by making it easy for taxpayers to pay, eg., by simplifying our tax forms.

An improvement in public perception of our collection agencies will also do wonders.

Our revenue and customs collectors must not only be honest and competent. They must also be perceived as honest and competent.

But at the end of the day, what will matter is how the funds are actually used. Are they used for the purposes intended? How much of public money is lost due to corruption? Is public money spent in full and on time?

How often have we heard of “low absorptive capacity” of front-line agencies leading to their failure to spend their budgets.

Here is w here go o d governance comes into play. One aspect of good governance manifests itself in, among others, zero or mininal corruption, good planning (no “analysis paralysis”) and timely execution. And by execution, I don’t mean EJK. “Martial Law” in Pampanga My kasambahay informed me the she failed to go to the market and she asked if we could just order take-out food for dinner. Automatically, I said “yes”.

In cases like this, our “go to” store is Mini Stop, just a few floors down from where my wife Mira and I stay.

Then I resumed watching news on TV. The news anchor reported that soldiers were about to be deployed to help cull several hundred thousands of Avian flu-affected chickens, ducks and other fowls in San Luis, Pampanga. bunye/PAGE 10

What went wrong in the rejection of Taguiwalo

Lucell larawan As a former mentor of human resource management, I cannot underst and t he rationale for our government to install the committee on appointments (CA) in deciding the legitimacy of the president’s appointees in different departments.

This could have been done to ensure professionalism

and a credible selection of cabinet members who are crucial in manning the agencies. But in the case of Judy Taguiwalo’s rejection, we doubt the usefulness of the CA who do not anymore decide for public interest.

This is now the second time of this non-sense after the elimination of environment secretary, Gina Lopez.

Many are, again, shocked by the gross incompetence of the CA to spurn an A-1 person for the job: Taguiwalo is a giant compared to former secretary Dinky Soliman—an appointee who has many lapses and deliberately delayed the response during times of calamities and even threw away expired goods that were not delivered to the clients. In the current

system led by Taguiwalo, each LGU has a stock prepared for emergency situations; we are aware of the social welfare’s promptness and finesse in serving calamitystricken provinces in the past months. The rejected secretary is a public servant with strong values and a heart. Moreover, we also consider the importance of a socialist leader to balance the composition of a wellrepresented government bureaucracy.

But the question: why punish a good pick?

Using the human resource management point of view, Taguiwalo’s rejection is a big blunder because it directly affects the productivity of our agencies. What the CA ignored: the selection process

is vital for competitiveness and a failure to execute this function effectively results to the selection of underperforming leaders who can only offer low productivity.

If the CA merely decides based on political reasons which the members do not explicitly elucidate, it is high time to abolish such a committee. For two consecutive times, the CA has done disservice to the public by throwing out the best persons to make the government credible again.

The CA is merely a political organization, so why maintain it with funds coming from the public which it go against unwittingly?

If the mantra of the larawan/PAGE 10

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Filipinos becoming e-payment savvy: survey

F

ILIPINOS are becoming tech-savvy in their payment attitudes, an official of a global payments technology said, as he sees strong opportunities for banks to make leaps in terms of delivery of payment-related products.

Results of the 2016 Visa Consumer Payment Attitudes Survey showed a big improvement on Filipinos’ appreciation of the electronic payment system, with six out of the 10 respondents saying they

prefer electronic payments rather than paying in cash.

This number translates to a 57 percent outcome, up from 46 percent during the similar survey done five year ago, Visa Country Manager for the Philippines and Guam Stuart Tomlinson said in a briefing Wednesday.

The survey was done online and participated in equally by about 3,000 persons aged 18-55 years old from six Asian countries namely the Philippines, Singapore, Malaysia,

Thailand, Indonesia and Vietnam.

Results for the Philippines alone showed that 49 percent of Filipinos are carrying more cards and 29 percent carry less cash since they consider e-payments safer than carrying cash.

It also showed that 71 percent of Filipinos shop online at least once a month, up 11 percent compared to the previous year, as digital shopping attracts more people.

Most of these online

transactions involve bills payments and purchases of personal electronics, fashion and accessories, travel and beauty and cosmetics.

Data from the VisaNet showed that e-commerce in the Philippines is growing above 30 percent year-onyear.

“This indicates strong electronic payment opportunities in the future,” Tomlinson said.

The Visa official said that although e-commerce continues to rise in the Philippines, e-payments

only account for about nine percent of consumer spending.

“Our study shows the majority of Filipinos prefer to use electronic payments, so we’re focused on driving greater education, merchant acceptance, and introducing new payment innovations to help them make this preference a reality,” he said.

The Bangko Sentral ng Pilipinas (BSP) has teamed-up with banks for its National Retail Payment System (NRPS) program, eyed for implementation in

the third quarter of 2017.

NRPS is targeted to increase electronic payment usage from the current one percent to around 20 percent of total payments by 2020 through seamless, convenient, affordable and secure fund transfers between banks and electronic money (e-money) accounts.

“We are very supportive of what the BSP is doing,” Tomlinson said, citing that this program will further boost the domestic economy. (PNA)

Peso will not free fall, will take care of itself: BSP THE Philippine peso again closed to its fresh 11-year low to a US dollar Friday but Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said strong macroeconomic fundamentals will continue to support the local currency.

He said the local unit is “market determined”, meaning it is the market players and not the central bank that define the foreign exchange in the country.

“It will move up then The Department of Agriculture region 10 clarifies in a press conference in Cagayan de Oro City that the Avian Influenza virus that caused deaths to about 37,000 poultry Chickens in Pampanga is said to be non-transferrable to humans. OIC Regional Director Carlene Collado, CPA explains that although the outbreak is contained, people must still be cautious by cooking meat and eggs thoroughly. (RDM/PIA10)

down. It will not free fall, it will take care of itself because the economic fundamentals are strong,” he told journalists at the sidelines of initial On Q: FinTech Thought Leadership Roundtable Series of FINTQ, the Financial Technology arm of Voyager Innovations, in Mandaluyong City.

Traders have attributed the weakness of the peso on Friday to the terror attack at around 5 p.m. in Barcelona, Spain, where peso/PAGE 10

Essentials for the rainy days RUSTAN’s Supermarket always has the choicest products on its shelves, and the rainy season is time to stock-up on items to keep your home warm and dry.

You can easily find all those rainy-day musthaves at the Feels Like Home: A Health, Home, and Household Fair from August 5 to Sept 4.

Apart from the amazing selection of food, Rustan’s Supermarket gives you a complete shopping experience so you can easily get your hands on your essentials

like haircare, skincare, feminine care, soap dishes and loofah sponges for the bathroom; food containers, plastic wraps, and scrub pads for the kitchen as well as cleaning supplies, first aid kit necessities, and so much more.

As a special treat for its customers, Rustan’s Supermarket is also bringing you a special rainy-day promo. Grab an inverted umbrella for only P199, for every minimum spend of P3000 with at least P300 worth of sponsor products

like Ariel, Perwoll, Mr. Muscle, Feathersoft, Vitapet, and Dentismile.

So, make sure to keep your home wellstocked and organized during this rainy season by visiting any Rustan’s Supermarket branch near you for the Feels Like Home: A Health, Home, and Household Fair from August 5 to September 4.

For more info, visit www.rustansfresh. com, follow and like rustansfresh on Facebook, and @rustansfresh on Instagram and Twitter.

PR

Finalists of the Asian Hospital Management Awards 2017 announced 418 entries from 102 hospitals in 17 countries Hospital Management Asia (HMA) announced the finalists of the 16thAsian Hospital Management Awards (AHMA). Hosted by leading health technology company, Philips, the awards received 418 entries from 102 hospitals in 17 countries in Asia Pacific and the winners will be awarded on Thursday, 24th August 2017 at Shangri-La at the Fort, Manila, Philippines.

For sixteen years now, AHMA has been recognizing hospitals in Asia that have implemented

outstanding programs and best practices that served patients, hospital employees, and the community. Thirteen awards categories were vied for.

The AHMA 2017 finalists will be displaying posters of their respective programs during the two-day Hospital Management Asia conference on August 23 and 24 at Shangri-La at the Fort, Manila, Philippines. The poster display will offer a venue for the finalists to share the benefits of their winning programs with

the HMA community.

The awarding ceremony of AHMA 2017 is hosted by Philips and will take place during the Awards Gala Dinner at Shangri-La at the Fort in Manila, Philippines on the evening of August 24, Thursday.

For the list of AHMA 207 finalists, please visit: http://www.asianhospitalmanagementawards.com/ finalists.

Learn more about AHMA award categories and criteria at: http:// www.asianhospitalmanagementawards.com/ Categories-and-Criteria.

9

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monday|august 21, 2017

1st TSADA Cagayan de Oro Photowalk: Higalaay Festival 2017 Photography Event

O

Article and Photo by: Clement Dampal II (www.bestspotsph.com)

ne of the Parallel Events for this year’s Higalaay Festival, the TSADA Cagayan de Oro Photowalk Event is the first social photography event by the Camera Club of Cagayan de Oro which aims to promote the city as a destination to choose from amongst other places in the country.

The 1st TSADA Cagayan de Oro Photowalk is in partnership with Project Lupad, Business Week Mindanao, and Mindanao Daily News.

The Photowalk event will happen on August 20, 2017 (Sunday) from 06:00 in the morning until 06:00 in the evening. Registered participants will assemble at the Tourism Information Hall, Plaza Divisoria at 06:00am for event briefing and officially start at 06:30am going to Centrio Mall via Corrales Avenue to cover the Kagay-an Festival Marathon. At 08:00am, participants will continue the photowalk journey to Gaston Park via Paseo del Mar also known today as the Velez Street. Participants will be given an ample time to check out the Higalaay Agri Fair and Garden Show located within the park or check out the Cagayan de Oro Cowboy Festival at the Uptown section of the city. By 11:00am, participants are expected to visit at Columbia Store, 2nd Level, Centrio Mall, Ayala for special announcement.

At 12:00 noon, participants are expected to go to 1A Express Hotel located in C.M. Recto Avenue for the Street Photography, and Festival Lecture.

Resource Speakers include Mr Gian James Maagad which will talk about the essence of Street Photography, Mr Hensell Prince Hebaya will tackle about Documentary Photography, and me for a short lecture on Festival Scene.

The lecture will end at 03:00pm.

The photowalk will continue at Velez Street for the CDO Carnival Street Dance Competition, and Higalaay Festival Queen Carnival at 04:00pm. It will officially end at 06:00pm.

Aside of the Photowalk, registered participants will automatically

join the Photography competition and have the chance to win amazing prizes from the sponsors. Please check below photo for reference.

Registration Fee at: P100.00 per head with light snacks and certificate.

Photographers joining the photowalk are requested to bring the following: -Digital Single Lens Reflex/Translucent cameras, and/or Mirrorless Interchangeable Lens cameras -Point-and-Shoot camera owners are also welcome to join -A good tripod -Extra shirt -Bottled water -Pocket money Interested individuals may reach me through my photography facebook fanpage: www.facebook.com/ ClementDampalPhotography or directly contact me through mobile: 0906-6577-669.

See you soon!

SPEAKER: About Gian James Maagad: A Street Photographer based in

Cagayan de Oro City.

Gian has been doing street photography since 2012 after shifting to Fuji Mirrorless System. He is a member of Litratista sa DAAN, Manila-based Street Photography Group and the Camera Club of Cagayan de Oro. About Hensell Prince Hebaya: An independent Photographer, Hensell uses his skills to inspire people to document events through photography.

PHOTOWALK LEADER: About Clement Dampal II: A Self-taught Diversified Lensman based in Cagayan de Oro, Northern Mindanao, Philippines who owns the award-winning travel site: www. bestspotsph.com.

Founder of the Camera Club of Cagayan de Oro, and Co-founded the Mindanao Avian Photographic Society.

Clement is a 2nd-time Photo Walk Leader of the Scott Kelby Worldwide Photo Walk and also the City Ambassador for the 24 Hour

Project- A worldwide documentary project for 2 years consecutive.

This event is brought to you by the following: * Presented by: Camera Club of Cagayan de Oro, The City Government of Cagayan de Oro, and Higalaay Festival 2017 * In partnership with: - Business Week Mindanao, and Mindanao Daily News * Major sponsors: - Project Lupad, 1A Express Hotel, Clement Dampal Photography, Julies Bakeshop, * Minor sponsors: - Carl’s Buy and Sell, Nature’s Spring Water, Columbia, Tangcalagan Enterprises, Tanduay. * Donors: - Juan Gear PH, Pizzarella, Ororama Chain of Stores, Photoline, Gatorade, Pepsi, Mountain Dew. * Media partners: - Best Spots PH, Easy Rock 96.9 FM Station, The Cagayan de Oro Times, CDO Dev. com,Explorer’s Channel, and Eats Good To Be in CDO.

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

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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

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Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

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Capacity... from page 3

“That is pretty much the business model we want to follow in the Philippines,” Mr. Gutierrez said, referring to the model of landing at resorts in famous island destinations in the country.

Mr. Gutierrez also said that in places such as Cuyo in Palawan, a third-class municipality, they mainly serve locals who have urgent needs in more urbanized

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

monday|august 21, 2017

areas.

“The fulfillment for us is we are able to help the local populace,” Mr. Gutierrez said.

Mr. Misa said that they will be starting a seaplane service from the Mactan International Airport or the South Road Properties in Cebu to fly to island destinations in the province, such as Malapascua Island. They will be launching services to Kandaya Resort in Cebu in October.

Mr. Misa also said that while Air Juan plans to fly to

Mindanao and cover many parts of the country in five years, they are treading with caution: “We are careful not to stretch ourselves too much, because safety is a priority of the company… We also want to be careful not just in terms of operations but even in terms of investing. We want to make sure everything we do is or has potential to make profit, eventually.”

Mr. Gutierrez said that they are still in the investment phase of the business. He added that they do not try to compete with large airline companies as they serve to “complement” the services of such firms by bringing passengers directly to specific destinations.

Bunye... from page 4

“Martial law” had just been declared in San Luis and immediate environs!

It was explained that DA Secretary Manny Piñol had to call on the army because the civilians were just not enough to deal with the infected fowls.

Moreover, the culling process was tedious. It involved wringing the necks of the chickens. The normal procedure of slitting the throat is not done to avoid spillage of chicken blood which could be contaminated.

It was also explained that the soldiers would be inoculated, briefed and properly equipped with protective clothing before they are deployed.

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS Notice is hereby given that the intestate estate of decedent Leo P. Polley, died intestate in Cagayan de Oro City, Philippines leaving that certain property consisting of a parcel of Land together with all improvements found thereon, situated in Kauswagan, Cagayan de Oro City consisting of ONE HUNDRED THIRTY NINE (139) SQUARE METERS, more or less, covered by Transfer Certificate of Title No. T-64573 of the Registry of Deeds of Cagayan de Oro City, Tax declaration No. 054663, Cad Lot No. 1352 C-4, Lot 8, Block 12, Pcs 10-000868; decedent LEO P. POLLEY is the subject of EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS; is made and entered into among; SUSAN VALLAR POLLEY, SHANDON LEE V. POLLEY, SHENLEY V. POLLEY, all Filipinos, all of legal age, widow and single, respectively and residents of Block 12, Lot 8 NHA Phase 3, Kauswagan, Cagayan de Oro City, Philippines; NOW, THEREOF, for and in consideration of the foregoing premises, and invoking the provisions of Section 1 Rule 74 of the Rules of Court, the parties have agreed as they hereby so agree to divide, partition and adjudicate the estate between/ among themselves in pro indiviso equal shares, subject however, to contingent liabilities to creditors, heirs of other persons who might have been deprived of lawful participation in the estate of the decedent, for a period of two (2) years from and after the settlement and distribution thereof, in accordance with the provisions of Section 4, Rule 74 of the Rules of Court; Under Notary Public ATTY. JOEL DEXTER C. NAGTALON per Doc. No. 180; Page No. 36; Book No. XXIII; Series of 2017.

BWM: Aug. 7, 14 & 21, 2017

Then the anchor turned to other news.

M i n u t e s l a t e r, m y kasambahay announced that dinner was ready. She had bought freshly-cooked, crispy chicken legs from Mini Stop.

I momentarily hesitated, still trying to digest what was reported in the news.

But then, I said to myself, what the heck. This reputable giant convenience store chain would know better to source their chicken other than from safe suppliers.

I had a hearty meal.

Uber the rainbow Why do I get the feeling that in the current UberLTFRB controversy, public opinion is overwhelmingly in favor of Uber?

As t h e g ov e r n m e nt agency mandated to regulate public transport, LTFRB should the one praised for supposedly doing its duty and maintaining discipline in the transport sector.

But LTFRB gets brickbats from so many directions even from honorable members of the senate, Grace Poe, among them.

An Uber regular, whom I know, had this to say.

“Uber is doing a good job of providing fast, reliable, convenient and safe transport for commuters like me. I feel safe taking Uber because my travel details are immediately communicated home. I left my brand new iphone in an Uber and I got it back in no time. Drivers are generally more courteous and friendly.

No hassle in paying my fare because I can just charge it to my credit card. That way, I can easily keep track of my expenses.”

Perhaps, this should serve as a friendly reminder to LTFRB: If it ain’t broke, don’t fix it.

Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

EXTRAJUDICIAL SETTLEMENT OF ESTATE Notice is hereby given that the intestate estate of DOLORES VILLARUEL PACHICA, who died on June 14, 2005 at Iloilo City, Philippines, that the said deceased died intestate, without will or testament and without any outstanding debts in favor of any person or entity; That the aforementioned deceased left a parcel of land situated at T.N. Pepito St. Poblacion, City of Valencia, Bukidnon, Philippines; KATIBAYAN ng ORIHINAL na TITULO Blg. P-1563; A parcel of land known as Lot 7404, Cad. 791-D (Psu-10-001606).

DOLORES VILLARUEL PACHICA is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE; is made and entered DELILAH PACHICA KANGLEON, of legal age, Filipino, widow, and SAMEUL V. PACHICA, of legal age, Filipino, married to ELANIE CABRERA PACHICA, all residents at T.N. Pepito St. City of Valencia, Bukidnon Philippines; containing an area of SIX HUNDRED SEVENTY THREE (673) square meters more or less under Tax Declaration No. 22-001-68731 of the City Assessor of Valencia, Valencia Bukidnon. Under Notary Public of ATTY. RYAN DONVIV C. SISON; Per Doc. No. 361; Page No. 73; Book No. II; Series of 2017.

BWM: Aug. 21, 28 & Sept. 4, 2017

Hurst... from page 4

rules, but they are not close to their children. It’s usually the kids who are close to their parents who really respect, love, and want to care for their parents when they’re old.

But no matter how old your children are, it’s never too late to start being a better parent. Why not ask Jesus to forgive you for all your mistakes and to take charge, so He can start changing you with His love, power, and wisdom? It’s only with Jesus in complete charge of your character that you can become the parent and friend your kids need.

Just Think a Minute…

Larawan... from page 4

c u r re nt a d m i n ist r at i on is “change is coming”, it must abolish systems and processes that undermine change and CA is, so far, now top of t he list. Its mandate to balance the power of the president is purely non-sense—in fact, a parody to good governance if the sitting president is an exemplar. It could have been a committee to ensure sound selection of leaders based on professional st an d ard s ; but i n b ot h the cases of Lopez and Taguiwalo, it turns out that CA is merely a political nuisance that has no added value to society. In later times, this CA calamity can happen relentlessly. How can we assure society will reach its more enlightened state if the CA is around?

For God’s sake, abolish CA and replace it with

m ore c re d i b l e s y s t e m s t h at s e l e c t t h e h i g h e s t value-added to s o ciety, more than what politics can afford. We should not be slaves of old systems and we have a president who is determined to dest roy ant iqu ate d and dysfunctional ways.

Peso... from page 8

13 people died and at least 100 others were hurt.

This after a van rammed into a crowd of people on Las Ramblas, one of Barcelona’s popular areas.

Pol i c e we re abl e to prevent another attack in Cambrils, south of Barcelona, where police shot dead five suspected terrorists.

Earlier, Espenilla said the latest weakness of the local currency was partly due to the drop of the country’s current account to deficit levels on account of rising importation, which in turn was due to rising requirements of the domestic economy.

Gross domestic product (GDP) grew 6.4 percent the first half of the year, almost near the lower end of the government’s 6.5-7.5 percent growth target for the year.

In the second quarter alone, GDP rose to 6.5 percent from quarter-ago’s 6.4 percent due to strong rise of the industry sector, at 7.3 percent.

The agriculture sector also fuelled growth after rising by 6.3 percent, a reversal from its two percent decline a year ago.

Services expanded by 6.1 percent, slower than its 8.2 percent rise same period in 2016.

Year-ago GDP was higher at 7.1 percent. (PNA)

11

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monday|august 21, 2017

Plant... from page 1

on which it is planted will be similar to a sugar cane’s.

“You cannot intercrop with sugar cane,” he said.

He said they will tap the Bukidnon farmers, either through land lease or contract growing, to provide the necessary volume of 300,000 tons a year, a development that he sees will help them earn more “than they will with any other crop.”

“If you consider a barangay or municipality on its own, today when they buy electricity what happens?

Well, they say essentially fuel is paid. They have to buy coal. Because that’s an import and no job is created in the municipality for the power.

Almost none. They just buy it off the grid,” he said.

“You get power lines and you don’t know who makes it for them but I can assure you it’s coal. Now, what happens when I make renewable energy? We grow on their farms and we pay them more than they earn with banana and other crops,” he said.

He explained farmers are basically “growing their own electricity” with no more coal import that costs much higher compared to renewable power source. “ They are making it themselves, so the money stays in the municipality,” he said.

The DOE has been batting for more renewable energy sources in the country.

Nat i on a l R e n e w abl e Energy Board chair Jose Layug Jr. said they want to increase the contribution of renewable power from 24 percent to 35 percent, or at least 9,000 to 10,000 MW, to the country’s overall power mix by 2030.

During the Renewable Portfolio Standards public consultation at the SMX Convention Center Davao last July 26, Layug said he wanted renewable energy investors in Mindanao as the cost of clean power sources are starting to go cheaper.

He said he wanted the Mindanao power mix to go back to what it used to be — 70 percent renewable and only 30 percent nonrenewable.

“Our preference of course is to have more renewable energy,” he stressed then.

Republic Act 9513 promotes the development, utilization and commercialization of

renewable energy resources, specifically biomass wasteto-energy technology, wind, solar, hydropower, ocean, and geothermal.

Based on the 2016 DOE report, non-renewable energy accounts for over half of Mindanao’s power mix, a reversal from what it used to be at least a year ago when renewable energy, mostly hydro, was the island’s main power source.

Of Mindanao’s tot a l installed capacity of 3,162 megawatts, the contribution of non-renewable energy is 1,898 MW (1,070 MW coal and 828 MW diesel), which accounts for 60 percent of the energy mix. Renewable sources, meanwhile, account for only about 40 percent with a contribution of 1,264 MW (108 MW geothermal, 1,061 MW hydro, 36 MW biomass, and 59 MW solar).

Majority of the hydropower source comes from the state-run AgusPu langui Hydro Power Complexes with an installed capacity of 982.1 MW. There are seven hydroelectric plants in Mindanao: Agus 1, Agus 2, Agus 4, Agus 5, Agus 6, and Agus 7 in the Lanao provinces; and Pulangui 4 in Bukidnon.

From 2015 to 2016, three coal plants with a combined capacity of 700 MW were commissioned – Aboitiz Power C or p.’s 300-MW Therma South Inc. in Brgy.

Binugao, Toril; the 300MW coal-plant of the San Miguel Consolidated Power Corporation in Malita, Davao Occidental; and first 100-MW unit of the Alcantara-led Sarangani Energy Corp.

Alsons... from page 1

P3.58 billion from last year’s P3.20 billion, according to the company.

Of the topline figure for this duration, it was emphasized that the chunk of P2.19 billion had been contributed by the initial 105 megawatt (MW) phase of the Sarangani facility.

According to the Alcantara firm, financial results for the first half “were right on track with its 2017 operating plan and budget,” enabling it to be poised for “significant revenue and income growth at the end of the year.”

The first unit of the c o m p a n y ’s S a r a n g a n i generating plant was set on commercial stream last April 2016; while the next 105MW block is targeted on-line around 2019.

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -o0o-

Threatens...

from page 1 of their processing plant at the state-owned Davao Fish Port Complex in the fishing barangay of Daliao, Toril in Davao City.

He said they had invested in this new undertaking, the only one of its kind in the region, to “spread out our risk a little bit” by participating in processing that would add value to the products.

“But when you process, your risk profile is much lower.

If it rains for two months, we don’t care. We don’t lose the whole harvest, so it’s a much more predictable business, and more predictable means more manageable,” he said.

Haagen said their company produced about 1,000 tons of shrimps that were sold directly to markets around the region and Manila and they are expecting to produce 800 to 1,000 tons of shrimp within the year.

His partner, Ludevito S. Batilong, president of

Anderlude, said no plans for export are being considered at present because they want to satisfy the domestic demand first.

He said Davao City’s demand alone ranges from 5 to 10 tons a day and their company is shipping about 10 containers, or 140 to 180 tons every month to Manila.

He said they have 127 hectares of shrimp farms — 45 hectares in Dumoy, 14 hectares in Sta. Cruz and 68 hectares in Hagonoy.

The two started with only two hectares of shrimp nursery.

Haagen said the outbreak of avian flu in San Luis, Pampanga will increase the demand for seafood.

The Danish businessman said he and Batilong engage i n s u s t a i n a b l e s h r i mp production, meaning they use neither chemicals nor antibiotics to control the bacteria in the shrimp pens.

“I like it because it’s very sustainable. The way we do this is to use effective microorganisms. What we do is we drop them in the pond, and they eat the sludge, so the good bacteria when they eat the sludge, they clean the pond. But because [the] nature of bacteria [is] if they populate the sludge, then no other bacteria can move in,” he said.

He said “when these good bacteria have populated, there is no risk of invasion by bad bacteria” and it becomes good bio-protection from pests and diseases.

“These bacteria when they multiply, they float up and get eaten by the shrimp,” he said.

He said any good bacteria can be used because it’s not pathogenic and will not harm humans.

Haagen also bared plans

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 19 Cagayan de Oro City SHERIFF’S NOTICE OF AUCTION SALE EJF File Number 2017-269

August 10, 2017

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A.10172), Notice is hereby served to the public that SUL INES O. MARIOT has filed with this Office, a petition for change of first name from “INES SULPICIA” to “SUL INES” and correction of entry in sex from “MALE” to “FEMALE” or correction of entry in the date of birth from “APRIL 19, 1965” to “APRIL 20, 1965” in the certificate of live birth of INES SULPICIA VEDRA OBUT at lnitao, Misamis Oriental and whose parents are LINO L. OBUT and ENCARNACION A. VEDRA. Any person adversely affected by said petition may file his written opposition with this Office not later than August 31, 2017.

(SGD.) ISAIAS A. JARALES

Municipal Civil Registrar BWM: August 14 & 21, 2017

to expand to Rizal town in Palawan, a move that will increase by two-fold their shrimp production.

He said a sister company there operates a coconut plantation, and the throwaway coconut husks can be a great source of electricity to operate the “paddle wheels that aerate the shrimp ponds.”

“So in order to have a sustainable coconut business, we can take all the wastes from our coconut business, use it to generate electricity and the electricity runs a shrimp farm. No waste, no pollution,” he said.

Drivers... from page 2

participants throughout the region.

PUV drivers immediately welcomed the initiative.

Sarlindo Gaid, 33, a resident of Barangay Bulua, this city, and a taxi driver, said that although he is already aware of his responsibilities, the LTFRB’s program is very helpful to him while he is on the road.

“I already know about traffic rules, but I am sure that LTFRB will teach me additional knowledge that I can use as a driver,” Gaid said.

George Kabayao, 52, a driver of one of the biggest bus companies in the country, said it has been a long time since he had attended a driving lesson.

“I hope that LTFRB will refresh my driving skills as I am open to learn new things.

As a bus driver, I need to be updated on road and safety

tips,” Kabayao said.

Meanwhile, Guro warned that operators or drivers who fail to comply with the program will risk suspension of their license, on top of the penalty amounting to P5,000.

He added that the retraining program will serve as a continuing education for drivers and will be done on a yearly basis.

Marawi... from page 4

city will be rehabilitated and rebuilt.

The government should also engage the IDPs in a cash for work program in order “to infuse cash into the economy.”

E c on om i c a c t i v i t i e s i n clu d i ng ag r i c u ltu r a l, industrial, and technical prog ramming can t hen be expanded in the city, and that engagement with the private sector on the facilitation of long term activities could also be done as soon as possible.

These tasks could be a tall order, though not too difficult to achieve. What it takes perhaps is a unified effort to make a difference in the lives of the Maranaos. (ruffy44_ph2000@yahoo. com)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 20 Cagayan de Oro City NATIONAL HOME MORTGAGE EJF FILE NO. 2017-256 FINANCE CORPORATION,

Petitioner/ Mortgagee, - versus EDWIN CERVANTES MONTELLANO

Respondent/ Mortgagor.

X- - - - - - - - - - - - - - - - - - - - - - - - - - - / OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF-FILE NO. 2017-256

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), with postal address at 104 Amorsolo St., Legaspi Village, Makati City, (mortgagee), against EDWARD ROY BASTASA CALO, (mortgagor), with address Block 1, Lot 42, Villa Nena Subdivision, Balulang, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of January 31, 2017, amounts to Nine Hundred Fifty Five Thousand Three Hundred Eighty Nine & 4/100 (Php 955,389.04), Philippine Currency, inclusive of interest and penalty charges, excluding other necessary fees and expenses of extra-judicial foreclosure and sale, the undersigned Sheriff or his deputies will sell at public auction on September 26, 2017, at 10:00 o’clock in the morning or soon thereafter, at the City Tourism Hall, City Hall Compound, City Hall, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property described herein-below, with all its improvements found thereon, viz:

Upon extra-judicial petition for sale under Act No. 3135 as amended

by Act No. 4118, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), a government owned and controlled corporation created under P.D. No. 1267, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against EDWIN CERVNATES MONTELLANO, single, of legal age, Filipino, and residents of Blk. 2 Lot 2- - Melecia Homes Subd., Upper Macasandig, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of March 31, 2017, amounted to ONE MILLION NINETY NINE THOUSAND NINE HUNDRED EIGHTY TWO & 79/100 PESOS (Php1,099,952.79), Philippine Currency, exclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at Public Auction on October 9, 2017, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or Manager’s Check in Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit :

“TRANSFER CERTIFICATE OF TITLE NO. T-62960” (Registered in the name of Edward Roy Bastasa Calo)

TRANSFER CERTIFICATE OF TITLE NO. T-78817

A PARCEL OF LAND (Lot 42, Block 1 Psd 10-014703, being a portion of Lot 3046-B-1-B-4-B, Psd-10-004367) situated in the Barrio of Balulang, City of Cagayan de Oro, Island of Mindanao. Xxx, containing an area of One Hundred Twenty (120) square meters., more or less.”

NOTICE TO THE PUBLIC CCE- 0025-2017 R.A 10172 CFN- 0002-2017

The power generation unit of the Alcantara group proved to be its “income driver” and is set to be a major profitability contributor in the long-term with additional power projects set to be concretized.

In the line-up are its 105MW San Ramon coalfired plant in Zamboanga City; as well as renewable energy developments on hydro and solar technology genres.

The company’s recent tie-up with the Global Business Power Corporation of the Pangilinan-led group will likewise be igniting transformational changes – but is seen bringing in more favorable upshots especially in the implementation of future projects.

Prospective buyers/bidders may investigate for themselves the Title of the property above-mentioned and all encumbrances thereon, if any there be.

In the event that said auction sale on September 26, 2017 will be declared holiday or non-working day, the same will continue on the next working day without need of further notice, publication and posting.

Cagayan de Oro City, August 3, 2017.

“A PARCEL OF LAND with all IMPROVEMENTS THEREON. (Lot 2, Blk. 6, Pcs-104305-001038, being a portion of Lot 2822-C-9, Lot 2822-C-1o, Psd- 10-15002, Lot 2822 -D (LRC- Psd- 184434), situated in the Barrio of Macasandig, City of Cagayan de Oro., Island of Mindanao. Containing an area of ONE HUNDRED THIRTY (130) sq. m. more or less Registered in the name of EDWIN C. MONTELLANO. All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event Auction Sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

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

Done this 1st day August 2017, at Cagayan de Oro City, Philippines.

FOR THE EX- OFFICIO PROVINCIAL SHERIFF: (SGD.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

(SGD.) RAUL L. SALCEDA

Sheriff IV

BWM: Aug. 14, 21 & 28, 2017

BWM: Aug. 14, 21 & 28, 2017

12 Seda Centrio presents Poke Bowls

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

monday|august 21, 2017

Story and Photos by MARK FRANCISCO Lifestyle Editor

THE ever evolving ingenuity of Seda Centrio once again showed its form with the launch last Thursday of its Poke Bowl appetizer series.

Available at a reasonable range of only P200, the Poke Bowls is available at their Misto ala carte menu all day long in not just one or two but six forms – tuna, tuna cucumber and avocado, tuna salsa, kimchi, salmon and sushi salad.

Poke is a raw fish salad served as an appetizer in Hawaiian cuisine and sometimes as a main course.

Traditional forms are aku and he’ e. He’e poke is usually called by its Japanese name tako poke except in places like

Ni’ihau where the Hawaiian language is spoken.

Increasingly popular ahi poke is generally made with yellowfin tuna. Adaptations may feature raw salmon or various shellfish as a main ingredient served raw with the common poke seasonings.

Poke began with fishermen seasoning the cutoffs from their catch to serve as a snack. Traditional poke seasonings have been heavily influenced by Japanese and other Asian cuisines. These include soy sauce, green onions and sesame oil. Others include furikake (mix of dried fish, sesame seeds and dried seaweed), chopped dried or fresh chili pepper,

Salsa tuna

limu, seasalt, inamona, fish eggs, wasabi and Maui onions.

Right at the center of one of the progressive hubs and the gateway of Northern Mindanao, Seda Centrio melds an excellent location, outstanding customer service and superior quality into a memorable hospitality experience.

Seda Centrio is located in the newest cosmopolitan center in Cagayan de Oro City. The hotel’s modern contemporary theme, coupled

Tuna poke with avocado and cucumber noodles Hotel manager Armand Angeles

with easy access to lifestyle and recreation venues at Centrio Mall, make it a perfect choice for the savvy traveller.

All 150 guest rooms are well appointed with amenities such as a 40-inch LED HDTV with cable TV, media panel with HDMI, USB and A/V connectivity, phone with iPod dock and FM stereo features, complimentary wireless or wired Internet access, mini-bar and coffee and tea making facilities, executive writing desk and in-room safe.

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