BusinessWeek Mindanao (August 26, 2016)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 036

Market Indicators

As of 6:10 pm august 25, 2016 (thursday)

FOREX

PHISIX

US$1 = P46.489

7,854.54

9.2

X Briefly

cents

11.59

X

points

25th MinBizCon SURIGAO City -- The Surigao Chamber of Commerce and Industry (SCCI) in partnership with the Department of Trade and Industry (DTI) formally opened on Wednesday, the Trade Fair Exhibit (Corporate Exhibit) Expo at the Philippine Gateway Hotel, this city.

Vice Governor Arturo Carlos Egay, Jr in behalf of Governor Sol F. Matugas; City Legal Officer Atty. Manuel Delani in behalf of City Mayor Ernesto T. Matugas; and SCCI President Concepcion R. Paqueo led the formal opening and ribbon cutting.

The trade fair exhibit, which will be held from August 24 to 26, is part of the 25th Mindanao Business Conference (MinBizCon) that features quality competitive products, technology, investment opportunities of mostly Mindanao-based companies, and Surigao products, delicacies and handicrafts from different exhibitors.

Pillar of growth PRESIDENT Rodrigo R. Duterte’s economic team plans to significantly boost government spending on infrastructure, which Finance Secretary Carlos Dominguez III described as “the country’s next pillar of growth.”

Infrastructure spending will cover the sub-areas of logistics and transportation, information technology, telecommunications, and power. It will also focus on areas outside Metro Manila to achieve a more geographically broad-based economic growth.

During a recent conference call, arranged by multinational banking giant Credit Suisse and the Philippine government’s Investor Relations Office (IRO), Dominguez assured portfolio investors and fund managers that under the Duterte administration, the intended spike in public spending would go hand in hand with strict observance of fiscal discipline.

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M’nao businesses turn spotlight on mining www.businessweekmindanao.com

Friday | August 26, 2016

By CARMELITO Q. FRANCISCO Correspondent

Aboitiz, Lopez plants undergo shutdowns

D

AVAO City -The mining industry will take center stage in Surigao City for the thre e-day Mindanao Business C onference that opened Wednesday, Aug. 24.

The annual event -w h i c h u s u a l l y fo c u s e s o n i n f r a s t r u c t u re a n d policy concerns as well as agriculture, the southern island’s main economic driver -- highlights mining and garments this time, based on the program obtained mining/PAGE 7

By MYRNA VELASCO Contributor

PEACETALKS. The GPH-NDF peace panels continue reaching out a peace deal in Oslo, Norway. (Photo by EDWIN ESPEJO, OPAPP)

Pinoys living in cities without adequate shelter reach 1.5 M

By MARK FRANCISCO, Staff Writer

ABOUT 1.5 million Filipinos living in cities were without adequate shelter, the Organization of Social Housing Developers of the

Philippines (OSHDP) said Wednesday.

The OSHDP was holding a 3-day national housing shelter/PAGE 7

DOE to require publication of power plant shutdowns

By MYRNA VELASCO, Contributor

THE Department of Energy (DOE) is keenly contemplating on policy reversal that shall finally require publication of all s che du le d p ower plant

maintenance shutdowns, instead of just restricting the information to them and system operator National Grid Corporation of the DOE/PAGE 7

POWER generating facilities of the country’s key industry players are on shutdown – with the Davao coal-fired plant of the Aboitiz group on scheduled downtime; while the Malitbog geothermal plant of the Lopez group in the Visayas on “trippinginduced outage.”

TSI President and Chief Operating Officer Sebastian R. Lacson explained that “this maintenance activity is necessary to review Unit 1 and to implement some cor re c t ive me asures as needed.” shutdowns/PAGE 7

In organic agri, nurturing soils means nurturing life:

Organic farming: Only way to arrest global soil crisis (Last of Two Parts)

By BONG D. FABE, Editing Contributor

“Upon this handful of soil our survival depends.

Husband it and it will grow our food, our fuel, and our shelter and surround us with beauty. Abuse it and the soil will collapse and die, taking humanity with it.” (Vedas Sanskrit Scripture, 1500 B.C.) soil/PAGE 7

BLACK SOIL. Dr. Elmer Sayre, in-house adviser to the internationallyacclaimed Water, Agroforestry, Nutrition and Development Foundation, based in Libertad, Misamis Oriental, oversees WAND Foundation workers in loading “black soil”, the end result of WAND’s “designer compost”, into a multicab for distribution to farms in Libertad. (Photo by BONG D. FABE)

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Economy 2 Hedcor certifies 30 lumads as first aiders S

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TA CRUZ, DAVAO DE L SU R . T h i r t y community leaders of Bagobo-Tagabawa, an Indigenous People’s (IP) tribe nestled at the foothills of Mt Apo in Davao del Sur were given the opportunity to learn how to respond to their colleagues in times of emergency after Hedcor Sibulan sent them to a two-day intensive first aid training.

Hedcor vice president

for Mindanao operations, Rolando Pacquiao said that they are asking the volunteers from Philippine Red Cross to help them upskill their stakeholders on the proper intervention during injuries.

“We feel the need to train our IP partners from the community with first aid procedures due to their distance from the city’s hospitals and authorities”, said Pacquiao.

Aside from the IP leaders,

few members of the tribe are also equipped with basic first aid techniques such as knot-tying, bandaging, and lifting to give proper and immediate basic care. They too were told on how to assess the emergency situation.

“This training gives us the confidence to provide with first aid care to our colleagues. We would no longer be hesitant to help because we are now wellequipped with basic first aid

procedures,” said IP chairman Datu Rogelio Manapol.

Hedcor provided each participant a first aid kit while the adopted barangays received some medicines, first aid supplies and storage cabinets.

On the last training day, tribal leaders and members u n d e r w e nt a s s e s s m e nt examination and earned a certification, verifying that they are now bona fide first aiders.

MAL AYBAL AY Cit y -Malacañang has declared 01 September 2016 a Special Non-working Day in Bukidnon to commemorate t h e p r o v i n c e’s 1 0 2 n d founding anniversary.

Proclamation No. 42, w h i ch w a s s i g n e d l a s t August 10 by Executive

Secretar y Salvador C. Medialdea, by the authority of President Rodrigo Roa Duterte, proclaimed Thursday, September 1, 2016 as a holiday in the entire province.

Under the proclamation, President Duterte said it is fitting and proper for the

people of Bukidnon to be given full opportunity to celebrate and participate in the said occasion with appropriate ceremonies.

To mark the importance of ke e pi ng Bu k i d n on’s 1 0 2 n d - y e a r h i s t o r y, Governor Jose Ma. R. Zubiri Jr. said preparations for the

‘big day’ is now in full swing, which includes a grand parade with contingents from the province’s 20 towns and two cities.

From 1860, Bukidnon was just a part of the province of Misamis until it became a sub-province of Agusan holiday/PAGE 7

Palace declares Sept. 1 a holiday in Bukidnon

A VOLUNTEER from Philippine Red Cross-Digos Chapter does a one-on-one tutorial on how to properly tie a square knot for bandaging.

SurSur employers support stopping ‘endo’ TANDAG City – Business establishment owners in the province have vowed to support the administration’s fight against “endo” or end

of contract abuses.

D ur ing t he conduc t of the Employers Forum and Orientation on support/PAGE 7

Teaching English: Way of Making Learners Globally Competitive

By GENE CABASAG JONEM Teacher II Ozamiz City School of Arts and Trades - OCSAT

RPN Radyo Ronda Stations Nationwide

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

DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

ENGLISH is a global language. There are more people in the world learning English than there are those who speak English as a first language. Roug hly 380 million people speak it as their first language while over 750 million speak it as their second.

English has become the language of business, science, technolog y, academics, entertainment, policy and diplomacy. The demand for English language instruction

has increased dramatically in the last few years and will continue to do so. English speakers in every country have a huge career advantage as businesses are looking for English-speaking employees for the highly competitive global marketplace.

The worldwide explosion of English has resulted in a demand for highly skilled English language teachers.

There are thousands of English language teaching jobs advertised globally

each month. There are employment opportunities in Canada and in just about every country in the world – Jap an , S out h Kore a , Taiwan, China, Southeast Asia, Central and South America, the Middle East and Europe.

An English sp eaker, qualified with a recognized and accredited English language teaching credential, has the opportunity to see the world or to stay at home and teach the world!

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

CorporateWorld 3 Megaworld grows Vega to buy out Liberty own hotel brands minority shareholders Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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AS part of its business strategy to strengthen recurring i n c om e , Me g aw or l d i s expanding its hotel business with the launch of a third hotel brand this year and growing the Belmont Hotel chain outside Metro Manila.

Savoy Hotel will be the newest brand of Megaworld for the hospitality industry, which is set to open in Boracay Newcoast by the end of this year.

The 530-room Savoy Hotel Boracay will be a first-class resort hotel to rise in the 150-hectare tourism township in the eastern part of the island. The P2.2-billion hotel will feature the country’s first concert pool arena, overlooking the refreshing views of Sibuyan Sea. Another Savoy Hotel is also set to open in the

25-hectare Newport City in Pasay City next year with 684 rooms. It will be the last hotel to open in the leisure and entertainment township that is home to the famous Resorts World Manila.

The company is also constructing another Savoy Hotel in its 20-hectare The Mactan Newtown in LapuLapu City, Cebu. With close access to the beach, the hotel will rise 18 storeys high offering 547 rooms. This new hotel is set to open in 2018.

“Megaworld is spending P5 billion to build the three Savoy Hotels in Boracay, Cebu and Manila. Part of our goal is to make this hotel brand visible in our other townships across the country,” reveals Jericho Go, senior megaworld/PAGE 7

P CINEMA 2 WEDNESDAY-TUESD

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EGA TELECOM, Inc. is buying out minority stockholders in Liberty Telecoms Holdings, Inc. for P2.20 per share, following a takeover by the incumbent telecommunications service providers.

In a tender offer report filed with the Philippine Stock Exchange (PSE) on Monday, the former subsidiary of San Miguel C or p. (SMC) of fered to a c qu i re 1 6 5 , 8 8 3 , 2 2 1 common shares or 12.82% of the issued and outstanding common stock of Liberty Telecoms.

The voluntary tender offer will commence at 9 a.m. of Aug. 24. Minority stockholders have until noon of Sept. 21 to sell t h e i r s h a r e s t o Ve g a Telecom and, thus, exit Liberty Telecoms.

“The offer price of P2.20 is above, and a premium on, the prospective fair value range of P0.08 to P0.33 per common share of L I B ( L ib e r t y ’s sto ck symbol), as provided in the valuation report and fairness opinion issued by Punongbayan & Araullo, an independent accredited

auditor,” Vega Tele com noted.

“Since the offer price is approximately more than six times the maximum of t he f air v a lu e range of the shares of LIB, we believe that the offer price is magnanimous and more than fair and reasonable,” it added.

The transaction may cost Vega Telecom more than P364.9 million.

Metropolitan Bank & Trust C o. h a s c on f i r m e d t h e company has suf f icient resources in case of full acceptance.

The tender offer follows the acquisition of the idle telecommunications assets of SMC, including most of the 700-megahertz frequency, by PLDT, Inc. and Globe Telecom, Inc. in a $1.5-billion transaction announced on May 30.

On July 4, the board of directors of Vega Telecom approved the conduct of a voluntary tender offer for the common shares of subsidiar y Liberty Telecoms left in public i nv e s t o r s’ h a n d s a f t e r PLDT and Globe Telecom took over.

“The tender offer will be conducted for the purpose

of c omp l y i n g w it h t h e requirements of the PSE for voluntar y delisting,” Vega Telecom said in a notice to shareholders of Liberty Telecoms.

The company is making the voluntar y tender of f e r a s t h e b e n e f i c i a l owner of 1,127,772,202 common shares and 5,243,603,608 preferred shares, representing about 97.46% of the total issued and outstanding capital stock of Liberty Telecoms.

“If LIB is delisted, its common shares will no longer be traded on the PSE and this m a y a f f e c t i n v e s t o r s’ ability to liquidate their investments,” Vega Telecom noted.

“A s a c o n s e q u e n c e thereof, any income generated from the subsequent sale or transfer of t h e i r s h are s w i l l b e subject to the prevailing c apit a l gains t axes and

documentary stamp taxes,” the company added.

Depending on the acceptance of the tender offer, the public free float of Liberty Telecoms may fall below the minimum 10% required by the PSE. Accordingly, the holding firm will have to apply for voluntary delisting.

The new board of L i b e r t y Te l e c o m s - elected during an annual stockholders meeting on Aug. 18 -- is bent on filing a petition for the delisting of the company’s common shares, according to Vega Telecom. “ T h e b i d d e r ( Ve g a Telecom) plans to continue the business the company is involved in, to review its strategic options and to take any such steps as are necessary to try to reduce and eliminate the current loss-making position of LIB,” the tender rep or t read.

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Opinion

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De Lima, Gascon misleading on ICC probe of RP

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

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NELSON CONSTANTINO Editor-in-Chief

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Executive Editor

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Feature Editor

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Member: Philippine Press Institute

LIFE’S INSPIRATIONS: “…

Who is this that appears like the dawn, fair as the moon, bright as the sun, majestic as the stars in procession?’…” (Song of Songs 6:10, the Holy Bible).

-ooo DE LIMA, GASCON, MISLEADING ON ICC PROBE OF RP: With due re s p e c t , it w a s t ot a l l y misleading for Senator Leila De Lima and Chairman Luis Gascon of the Commission on Human Rights to raise the possibility that the Inter nat iona l Cr imina l Court, or ICC, which is based in The Hague, Netherlands, could investigate the Philippines for the extrajudicial killings that have been happening in relation to the fierce anti-drugs campaign of President Duterte.

I say it was misleading because, from the way De Lima and Gascon played out their “question and answer show” during the second day of the Senate inquiry into the extrajudicial killings on Tuesday, August 23, 2016, they tried hard to make it appear that the ICC can, at any moment, start investigating our country if the killings do not stop real soon.

The clear objective of the two, of course, was to somehow scare or frighten Duterte and his government, particularly

Oro Chamber

that a case is inadmissible where: (a) The case is being investigated or prosecuted by a State which has jurisdiction over it, unless the State is unwilling or unable genuinely to carry out the investigation or prosecution…”

-ooo NO REASON FOR ICC TO INVESTIGATE EXTRAJUDICIAL KILLINGS: Without doubt, where the authorities of t he c ou nt r y w he re t he investigation is to be carried out are themselves already investigating an act or a series of act that maybe considered as a war crime, genocide, aggression, or, as De Lima and Gascon bruited about on Tuesday, a crime against humanity, the ICC cannot come in and do its own probing.

A n d t h i s i s w h at i s happening with the socalled extrajudicial killings in the Philippines right n o w. M a n y d i f f e r e n t agencies under the Duterte government are now carr ying out their own investigations into these killings, notably the PNP, the Department of the Interior and Local Government, the Department of Justice, the CHR under Gascon and, of course, the Senate under De Lima.

There is therefore no reason for ICC to do any investigation. It has no

K akampi

Mo A ng Batas

Atty. Batas Mauricio legal basis to come to the Philippines to look into the so-called extrajudicial killings here, because its own charter, the Rome Statute, forbids it from doing so.

It is therefore the height of intellectual dishonesty for anyone to be claiming that the Philippines will be probed soon by the ICC. That simply is a factual and legal lie!

-ooo PLEASE WATCH OR LISTEN: “Tambalang Batas at S o m i nt a c”, a n e w s commentary radio program, aired at DZEC 1062 kHz and ot her R adyo Ag i la provincial stations, and is aired live (and which can be subsequently accessed) at https://www.facebook.com/ RadyoAgila1062/?fref=ts, and at www.youtube.com, 6 to 7 in the mor ning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Christianizing business

Missing the Point Think a minute…Remember the first people to ever fly an airplane? There were the Wright brothers, just a week before Christmas, 1903. They were so excited they sent an urgent telegram message to their sister which said: “First flight in history today! Hope to be home for Christmas.”

Their sister rushed to the local newspaper with the message.

The next day, the newspaper headline read: “Local Brothers to Be Home For Christmas.”

Not one word was said about their flying! The newspaper editor had completely missed the point of the message: for the first time in the history of the world, human beings could fly.

Did you know another even bigger misunderstanding in history? It’s Christmas.

How many of us celebrate Christmas every year? Yet we keep missing the point. We still have not gotten the message and understand what it means.

This is all the more surprising since the life of Jesus Christ is the turning point of all history.

The world’s calendar is based on His birth. No one in history has ever been announced hundreds of years before he was born.

No one else ever died and was buried for 3 days, then brought Himself back to life.

This is because no other man, religious teacher or prophet

the Philippine National Police (PNP) and its chief, Director General Ronald “Bato” Dela Rosa, to go slow in their harsh campaign against illegal drugs and the killings that are associated with it.

-ooo ROME STATUTE DOES NOT ALLOW PROBE OF RP: The question, however, is this: does the ICC have the power to readily jump in, as it were, into the on-going killings in the Philippines and start an investigation preparatory to the filing of criminal cases before it? Does the ICC have the legal right to investigate what is happening in the anti-drugs campaing of the Duterte government?

B a s e d on t h e R om e Statute (or the multi-lateral treaty which serves as the ICC’s C onstitution and which took effect in 2002), the ICC can only directly investigate anyone if the conditions for such direct investigation are present.

Without these conditions, t he IC C cannot simply meddle, in a manner of speaking, in the affairs of its member-countries lest it is accused of unlawful intervention.

Art. 17 (1) (a) of the Rome Statute presents one important condition before the ICC can proceed with its investigation. It says: “the Court shall determine

THINK

A Minute

Jhan Tiafau Hurst was God Himself. Only this one man Jesus Christ.

“If you’ve seen Me, you’ve seen God the Father, because I am God the Son. And I will come again to judge this world and whomever has chosen not to believe me and ask for my gift of forgiveness and eternal life.” Friend, what we decide and do with Jesus Christ in this life now, decides what Jesus must do with us after we die. So I hope you now understand the point and meaning of Christmas. That God loves us so much, He humiliated Himself to become a human being named Jesus Christ and die for our sins, so we could be forgiven and free to start life all over again.

Only this time, we’ll be living our Maker’s way, which is the right way that always works.

The choice is yours.

Just Think a Minute…

Business, since it is an important part of our life, should be done to serve the common good. That is why the Compendium of the Social Doctrine of the Church dedicates a big section to this topic of morality and the economy.

In one point of the Compendium, it is said that “the relation between morality and economics is necessary, indeed intrinsic: economic activity and moral behavior are intimately joined one to the other.” (331) We can go to the extent that business not only serves the needs of people. It also is way of sanctification, a path to heaven, an occasion to get truly in touch and with great intimacy with God. It should be redeemed from being simply done in a materialistic and godless way, expressed in terms of money and profit alone. That would be an inhuman business that would sooner or later convert us into objects or targets, and not anymore as persons, and much less as children of God. Rather, business should actively contribute in making people fulfill their true dignity as persons and children of God, and not just as workers and consumers though these also enter into their being persons and children of God. The Compendium further clarifies that “the necessary distinction between morality and the economy does not

entail the separation of these two spheres but, on the contrary, an important reciprocity.”

Given the big tendency today for us not only to separate the two but also to put them in conflict, this doctrine is very relevant. Quite often we are forced to make a choice between the two.

We are made to believe they cannot be together.

Everyone of us, in the different levels and aspects of life, from the individual to all levels of collectivity that we get involved in, should realize that we need to be well grounded in the correct delineation of the link between morality and spirituality, on the one hand, and the economy, on the other hand.

We cannot remain naïve in this regard. We cannot anymore afford to stay primitive in this concern.

Those involved more in the promotion of morality – priests and teachers – should be mindful of the objective needs of economics and should foster rather than obstruct their fulfillment.

So they should try their best also to know more and more about economics – its laws and different doctrinesso they could attune their teaching and counsels to concrete conditions of the people, and not remain only in theories that hardly have any impact on real situations.

We are now into an

interdisciplinary way of life.

We should continue our education and formation, updating ourselves with the endless flow of developments that are now also monitored more closely by our new technologies.

Those working more directly in the economy – employees and employers, businessmen, investors, etcetera – should also be mindful of the requirements of morality. They just cannot remain in the level of practicality and profitability.

They have to know the deeper needs of men and learn to adapt their economic plans to such needs.

The crises we are witnessing in the world at present are caused to a great extent by our not integrating morality and spirituality with our economics, business and politics. This is the challenge we are facing these days.

Let’s hope the bigger entities – churches, government, schools, families – can help in tackling this challenge, developing programs for this particular concern.

A lot of pertinent education in all levels of society is needed to make everyone at least to be aware of this concern, if not to empower them to effectively participate in shaping and keeping our economic system alive and healthy.

What is desired is that more and more people develop a growing sensitivity

HINTS

and

Traces

Fr. Roy Cimagala to the requirements of the basic social principles of the common good, solidarity and subsidiarity in their different aspects and levels. Alas, I wonder what efforts are made to pursue this particular goal.

Besides, there are basic questions that need to be clarified yet. Like, how do we strike a healthy balance between profit and social responsibility, private property and universal destination of goods, individual initiatives and corporate activities, confidentiality and transparency, etcetera.

I could readily see that there can be no easy answers to these questions, nor rigid formulas to follow. What’s needed is a continuing vigilance and a deepening formation of consciences, since we should be actually appealing to the sense of freedom and responsibility of persons. Prayer and sacrifices should go hand in hand with continuing study and consultation in pursuing this concern.

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Mining... from page 1

by BusinessWeek Mindanao from the main organizer, the Philippine Chamber of Commerce and IndustryMindanao.

President Rodrigo R. Duterte, the first chief executive from Mindanao, is expected to arrive as guest of honor and speaker on the second day.

Also on the second day, Secretary Regina Paz L. Lopez of the Department of Environment and Natural Resources (DENR), who has ordered a comprehensive review of mining operations around the country, will talk about balancing social justice and economic growth through sustainable development.

National Institute of Geological Sciences Director Carlo A. Arcilla is scheduled to discuss the mineral products industry development road map while Nickel Asia Corp.

President Gerard H. Brimo will talk about his company, which has operations in Claver, Surigao del Norte.

Aside from Nickel Asia, several mining companies operate in the Caraga Region, including in the two Surigao provinces. Among these are Philex Mining Corp. and Global Ferronickel Holdings, Inc. Seven other firms in the region have previously been announced by the DENR as under audit, namely: Marc Ventures Development Corp., Clarence T. Pimentel Mining Corp. and Carrascal Nickel Corporation, all in Surigao del Sur; and Platinum Group Metals Corp., Adnama Mining Corp., Taganito Mining Corp., Hinatuan Mining Corp., and Greenstone Resources Mining Corp. in Surigao del Norte.

GARMENTS Meanwhile, Bernardine T. Siy, president and chief executive officer of the Fil-Pacific Apparel Corp., will discuss the challenges and opportunities for the garments industry in Mindanao, where manufacturing still needs a push.

Other sectors lined up for discussion are wood, cacao and oil palm.

Mindanao Development Authority Executive Director Janet M. Lopoz will also discuss the role of Mindanao as a strategic economic hub in the Association of Southeast Asian Nations, while Dr. Felipe M. Medalla, a member of the Monetary Board of the Bangko Sentral ng Pilipinas, will talk about the risks, consequences and policy options in investing in Mindanao.

Shutdowns... from page 1

He said “this is similar in nature to the coverage of work done in the recently-planned outage of Unit 2 from June 18 to July 13.” The TSI coalfired power plant is of 300MW capacity – with its unit 2 having parallel capacity of 150MW. Lacson guaranteed that “after this outage, TSI should be better equipped to reliably meet the needs of our customers,” while giving word that “we will try our best to keep the duration of this interruption to a minimum.”

The TSI executive added maintenance activity at their

plant’s unit 1 has already been moved from originally August 6, or deferred by roughly two weeks to August 22.

Lacson said “TSI is coordinating with its customers – electric cooperatives and distribution utilities in Mindanao – in order to implement measures to mitigate the impact of the maintenance activity.”

Over in the Visayas grid, Lopez-run Energy Development Corporation (EDC) has apprised the local bourse that the 77MW unit 2 of its Malitbog geothermal plant tripped last week after experiencing “flashover inside (its) high voltage terminal box.”

EDC noted that “at the time of the incident, Malitbog 2 was offline and was in the process of testing and commissioning of its Automatic Voltage Regulator (AVR),” under the supervision of European firm ABB, the manufacturer of the equipment.

The company further qualified that “the incident did not have any impact on the grid as Malitbog unit 2 was not synchronized to the grid at that time, and no injuries were sustained by any of the personnel involved.”

EDC added that ABB and its consultants “are currently conducting an assessment of the extent of the repairs needed and a full review to determine all contributing factors that led to the plant incident to ensure appropriate measures to enable the safe and reliable operation of the unit.”

Shelter... from page 1

convention in this trading capital of Cagayan De Oro City with “rapid urban migration as the focus of discussions.”

George Richard P. Siton, the OSHDP President, said that of the 1.5 million people without adequate shelter, 600,000 Filipinos were living in Metro Manila.

He said that the participants of the OSHDP convention this year expected to adopt a concrete approach to address the housing shortage in the country.

“The housing contractors, developers, and stakeholders would certainly endorse important resolutions that would likely become part of the government’s legislative agenda on housing,” Siton said.

Christopher Ryan Tan, OSHDP chairman, also blamed the government “red tape” as the culprit in the delay of construction of adequate shelters in disasterhit communities.

The OSHDP cited the 5,000 victims of typhoon Sendong in Cagayan De Oro City in 2011 who remained without adequate shelter for failure to develop the 14 intended relocation sites here.

“It would take two years for a realty developer to secure a total of 68 permits in one housing site alone,” Tan said.

He said that the bureaucracy should streamline the process of securing housing permits in order to get rid of “red tape” in order to expedite the development of housing sites.

The OSHDP also discussed the prospects of the Philippine economy, realty outlook, environmental innovations in housing and other initiatives in the construction technology

during the first day of the convention here. (PNA)

DOE... from page 1

Philippines.

“The question on the publication of shutdown schedules of power plants is very relevant…we are currently debating about it,” Energy Secretary Alfonso G. Cusi has noted.

He said the contentious point of discourse is whether or not policies or rules would be breached with such policy enforcement or if this also triggers an act promoting ‘opportunistic behavior’ among the industry players.

“I am in favor of it (publication of schedules), the only thing is: am I violating anything because of competitive behavior concerns? Because if they would know the schedule of plant shutdowns, they (industry players) might take advantage of that to game the market,” the energy chief stressed.

He similarly emphasized probable security concerns being transgressed which is a concern periodically raised by the power system operator.

Other power markets in the world set policies on publication of their scheduled plant downtimes – and so far, these were not known to have been triggers of ‘market gouging’ operations.

The power generation companies (GenCos), via the Philippine Independent Power Producers Association (PIPPA), previously lodged with the DOE their plea to have their shutdown schedules published to avoid simultaneous maintenance activities that have been causing massive capacity loss in the system.

Often, power plants undergoing maintenance shutdowns also encounter technical snags while being re-synchronized to the grid, and forced outages turn out be part of the ‘normally occurring sequence’ hours or days after repair works at the generating facilities.

These circumstances could aggravate tightness in supply, thus, it is not advisable that power plant maintenance schedules are done simultaneously or on overlapping timeframes.

Luzon grid has over 13,443 megawatts of nameplate capacity and about 12,014MW of dependable capacity. At peak demand of 9,500 to 9,600 ranges, Cusi opined that supply should have been enough to meet demand if not for the sporadic forced outages of power plants.

“Technical glitches in power plants happen, that cannot be avoided. But what we are trying to emphasize here is that there should be replacement power (in the contracted capacities of the distribution utilities) and reserves that must be procured

by NGCP,” Cusi said.

The rest of the year will still be pummeled with scheduled power plant shutdowns, hence, the energy department cannot still fully assure if the series of yellow and red alert conditions in the grid will no longer recur.

Soil...

from page 1

SOIL is vital for human survival. It is the core basis of agriculture. Therefore, building soil of high quality is critical to sustain life.

Life, however, is being threatened by a crisis more pernicious and insidious since it exacerbates climate change, among others. If not removed, this has the power to destroy all life from the face of the Earth.

This threat has been observed for millennia and is attributed to have caused the destruction of countless civilizations since the Neolithic age. But it was only two years ago that the alarm has been sounded.

This threat is called the Global Soil Crisis.

“If current rates of degradation continue, all of the world’s topsoil could be gone within 60 years,” said Maria-Helena Semedo, deputy director-general for natural resources of the UN’s Food and Agriculture Organization (FAO) during a forum marking World Soil Day in December 2014.

“Soils are the basis of life.

Ninety-five percent of our food comes from the soil,” Semedo added.

“A rough calculation of current rates of soil degradation suggests we have about 60 years of topsoil left. Some forty percent (40%) of soil used for agriculture around the world is classed as either degraded or seriously degraded – the latter means that 70% of the topsoil, the layer allowing plants to grow, is gone. Because of various farming methods that strip the soil of carbon and make it less robust as well as weaker in nutrients, soil is being lost at between 10 and 40 times the rate at which it can be naturally replenished,” said Professor John Crawford of the University of Sydney in an interview with TIME magazine and the World Economic Forum.

Shortsighted agri policies The unprecedented rate of soil degradation is blamed on various human activities.

“The loss of over 25 billion tons of topsoil from our cropland each year is the price we pay for shortsighted agricultural policies designed to boost food output at the expense of soils, and of failed or nonexistent population policies,” lamented the Washington D.C.-based Worldwatch Institute.

In his first briefing as Agriculture secretary last July, Emmanuel “Manny” Piñol discovered that the Department of Agriculture has been using a 40-year-old soils data simply because previous administrations refused to grant the financial request for soil mapping by the Bureau of Soil and Water Management (BSWM).

“In the first briefing I received from officials of the Department of Agriculture (DA), I found out that the soils analysis data used by the department in waging a war against hunger were actually gathered over 40 years ago...An official of the Bureau of Soil and Water Management (BSWM) told me that they have been asking for additional budget for the soil mapping but the request was not granted,” Piñol wrote in a note in his Facebook page. He said

he asked for the BSWM official “to submit to me an estimated budget requirement for the conduct of a national soil testing so that..the DA [can] come up with a Color-Coded Agriculture Guide Map.” “A national soil testing and sampling is very vital in determining which region of the country could grow which crop best based on soil components and fertility. Also, it would effectively guide the DA and the farmers in determining what nutrients are deficient in the soil in specific areas,” Piñol said.

Healthy Topsoil, Healthy Earth: Soil degradation is a silent epidemic. Every nation is affected. The pressures on soil are increasing as the world population grows. Thus, keeping topsoil healthy is synonymous to keeping the earth healthy.

Ultimately, it is keeping life healthy.

Scholars believed that food insecurity is one of the threats that modern society must face especially since global population has grown exponentially. As of mid2011, estimates put the world population at 7,021,836,029 and are expected to rise to 9.3 billion in 2050. Scholars also postulated that the world’s population will double in the next 50 years if the current growth rate of 1.3 percent continues.

Food production, however, has continually declined. And this is blamed mostly on global warming, urban sprawl, and land degradation — which is blamed on loss of topsoil from water erosion and fertility decline.

To keep up with global food demand, the UN estimates that about 6 million hectares of new farmland will be needed every year. Instead, 12 million hectares a year are lost through soil degradation.

“We need to keep our soil healthy, which means we have to make it fertile, always,” Honorio Cervantes said. “To keep soil fertile, we need to add organic matters to it. In short, we need to practice organic agriculture,” added Dr. El mer Say r e.

Cervantes is the Philippine innovator of the square-foot gardening whose Square-Foot Garden in Barangay Pagatpat, Cagayan de Oro City is an Agricultural Training Institute (ATI) learning site that is hailed for Good Agricultural Practices (GAP). Sayre, on the other hand, is the founder and in-house adviser of the internationallyacclaimed Water, Agroforestry, Nutrition and Development (WAND) Foundation, based in Libertad, Misamis Oriental.

Topsoil, that upper layer of the earth’s surface which varies in depth from an inch to 8 inches, plays a very important part to agricultural productivity because it is where most of the earth’s biological soil activity occurs and has the highest concentration of organic matter, nutrients and microorganisms.

Typically, plants generally concentrate their roots in and obtain most of their vital nutrients from this layer. Loss of topsoil, therefore, is one of the most significant barriers to agricultural productivity. Thus, keeping our topsoil healthy is one of the most critical factors in keeping the Earth healthy.

“The secret to successful agriculture is giving the soil an enabling environment for water, air and micro-organisms to stay harmoniously healthy,” said internationally-recognized Jojo Rom, innovator and father of Urban Container Gardening (UCG). And this can only be done through organic farming.

Organic farming is a strong economic driver in improving soils. And humans need to improve soils since soils provide ecosystems services and is very important in achieving the UN Sustainable Development Goals, said Cristina Grandi, chief food security campaigner at the International Federations of Organic Agriculture Movements (IFOAM)—Organics International.

“Organic [farming]...is the single best [solution] I can think of” to solve the global soil crisis, said IFOAM activist Volkert Engelsman.

Megaworld... from page 3

vice president, Megaworld.

As it launches Savoy Hotel, Megaworld has also allocated an additional P3.5-billion to expand its Belmont Hotel brand. At present, the first Belmont Hotel operates in Newport City, offering 480 rooms and featuring first class amenities such as podium gardens, 24-hour fitness center and workout area, a penthouse pool bar and Café Belmont.

Megaworld’s Richmonde Hotel brand currently has three hotels in the country, located in Ortigas, Eastwood, and Iloilo, with a total of 449 rooms.

Also set to open under this brand is Twin Lakes Hotel in the sprawling 1,200-hectare Twin Lakes in Alfonso, Batangas near Tagaytay. This new hotel will offer 126 rooms and is set to be completed next year.

By 2020, the three local hotels brands of Megaworld will have a total of around 3,800 hotel rooms.

ASIA WORLD PAWNSHOP

Main: Osmeña-Cogon Market, Cagayan de Oro Branch: Ipil,Carmen , Cagayan de Oro NOTICE OF AUCTION SALE Starting September 2, 2016 at 9:00 A.M. to 5:30 P.M., this establishment will set an Auction Sale on all pledges since April 2016. Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO

Sa Septyembre 2, 2016 sa may 9:00 sa buntag paingon da alas 5:30 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa Abril 2016 maapil sa subasta.

Giawhag ang tanan suki sa pagsusi sa ilang resibo.

ANG TAGDUMALA BWM: August 26, 2016

8

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

friday|august 26, 2016

BusinessWeek MINDANAO www.businessweekmindanao.com

lifestyle

Friday | August 26, 2016

B1

Classic Shoe Colors Every Woman Should Own: Black & Nude Style: Lily; Category: Liner; Shade: Sable (black). My favorite flipflops, TKees! They are made in Brazil. I love this style and color so I own 5 pairs of them because they tend to be over used and are usually sold-out. You can pair them with dresses, shorts and even pencil skirts. They look so simple, classy, yet very comfortable. Must have!

My favorite pumps are the “New Very Prive” from the famous French designer Christian Louboutin. He is popularly known for the red leather soles on his high-heel shoes. They look so elegant and sexy with those perfect heel heights and red soles. Classic! Must have in black and nude.

(Photo Credit: http://www.christianlouboutin.com)

Every fashionable woman must have classic colors like black and nude shoes in her closet be it anklestrap sandals, pumps, ballet flats, sneakers, wedges, boots, heels and even elegant looking flip-flops.

Black pumps are the easiest to pair with anything especially

during night time. You can wear a lovely little black dress with them.

Nude pumps are my favorites because I can use them at any time of the day because they look so effortless. I pair them with denim short shorts, skirts and dresses. They match with about anything …plain,

These Stuart Weitzman “Nudist” sandals in Black and in Pan are so famous with Hollywood celebrities. They could be paired with denim shorts and of course dresses for a more formal look.

stripes, florals and so on.

Here are some of the famous brands in the market… (of course, you could also find similar looks for less the price)

For more fashion tips, visit my blog...

“A woman carries her clothes. But the shoe carries the woman.”

-Christian Louboutin

Tkees are known for their “Foundations” collection. The famous shades are Seashell, Sunkissed, Cocobutter, Nude Beach, Beach Bum, Au Naturale and Heat Wave. Famous celebrities like Angelina Jolie and Jennifer Aniston were spotted using them. You can buy them online.

(Photo Credit: http://www.TKees.com)

B2

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Cagayan de Oro’s Fiesta And It’s History: A Quick Throwback to its Splendid Past

By Roberto Abad Navales

Once again, Cagayan de Oro City is celebrating this year’s fiesta in revelries culminating on August 28. Cagayanons savor the event with merriments. But beyond the fiesta of a place worth celebrating is romancing its History. Cagayan as a place name has much more significant historical recognition that is worth celebrating because of the following reasons: a. T h e c i t y h a s i t s enchanted remote past from the beginning of time; and b. It has its glorious involvement in the annals of the Philippine national history.

Fiesta celebrations were introduced in the Philippines by the Spaniards during the colonial time adoring the patron saint to appease the successful conquest or foundation of territories. This has created ill-conceived impressions that a history of a place in the country begun only upon the arrival of the Spaniards. But the bustling city of Cagayan at present has something more in its History. .

Cagayan’s pre-History along the Riverbanks

It developed earlier when our Lumad “Cagayanon” ancestors began to make use of caves, lands, and natural resources in establishing permanent settlement where they developed tools made of stone, wood, bamboo or any other materials. They practiced their own way of life or culture, which later become complex of which political identity, economic activities and socio-cultural beliefs and practices developed.

The local history of Cagayan de Oro (called the city of Golden Friendship) established that Paleolithic Cagayanons thought to be the Himologans dwelt in caves and open sites. An example is the Huluga prehistoric cave (some artifacts excavated in the place are displayed at Xavier University’s Museum) and open-site (now threatened by the city’s road project at Tagwanao).

The combination of landforms and watersheds along the Cagayan River made it attractive to settlers. It has many limestone caves, dense forests, underground creeks, such as the one beneath the Makahambus

Gorge, and deposits of gold, chromites, iron, manganese, and copper, which the Lumads of the metal age crafted into tools and weapons, and which continue to lure miners of the present.

Other early Cagayanons believed to be Manobos or Higaunons lived along the river because they had a basically marine diet, but they also hunted animals for food and gathered fruits from the nearby forests.

Since there were wide plains around them, it was possible that they supplemented their food with harvests from horticulture at their natural surroundings, which later cleared using the kaingin system. The Cagayan River was known to be torrential and would often overflow its bank, so the people lived where they would not be reached by the overflow.

The areas they lived on, also gave them a good view of the surrounding territory, which was an advantage during times of threats, like floods, skirmishes and battles with other competitor groups.

Cave Huloga open- site

OFFICE OF THE CLERK OF COURT & EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE File No. 221-2016

EJF FILE NO. 2016-353

OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF-FILE NO. 2016-353 Upon extra-judicial petition for sale under Act No. 3135 as amended

by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG), a corporation duly organized and existing under Philippine Laws, with principal office address at The Atrium of Makati, Makati Ave., Makati City. Against ROBERTO A. NAVALES married to EMILY JANE L. NAVALES, both of legal age, married, Filipino, with postal address at Lot 16, Blk. 17 Bloomingdale Subd., Iponan, Cagayan de Oro City, to satisfy mortgage indebtedness which as of July 4, 2016, amounted to FOUR HUNDRED SEVENTY SEVEN THOUSAND FIVE HUNDRED THIRTY ONE & 55/100 PESOS (Php477,531.55), Philippine Currency, inclusive 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 25, 2016, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or manager’s Check in Philippine Currency, the following property/ ies described below with all the improvements included thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-196528 “ A PARCEL OF LAND with all IMPROVEMENTS THEREON (LOT 16, Block 17, Pcs-10-003948, Portion of: Lots 3615-B, Psd-10-04675, 24178-A, Psd-10-009444, 3614-A-1-B, Psd-10-009566, 24178-B-1, Psd-10-010320, 24178-B-2-A, Psd-10-052968, 24178-B2-B1, Psd-10054199, 24178-B-2-B-6, Psd-10-054199, 4178-C-1, Psd-10-054997, 3605, Cad. 237, Cagayan Cadastre. As Surveyed for: Liberty Land Corp., Land Use: Residential. Location: Iponan, Cagayan de Oro City. Island of Mindanao Xxx Containing an area of FIFTY (50) sq.m.

Registered in the name of ROBERTO A. NAVALES married to EMILY JANE L. NAVALES. All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event Auction Sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

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

Done this 9th day of August, 2016, at Cagayan de Oro City, Philippines.

is the earliest known site in the vicinity of Cagayan where early Lumads lived in tolugan (houses). This site stragetically developed into a settlement of political, economic, and socio-cultural entrepot since pre-historic Cagayan. This site would have been also the center of Himologan under Datu Salangsang mentioned in Spanish documents where two Spanish missionaries visited in 1622 (Montalvan, 2004).

Cagayan during the Spanish Conquest The Spanish colonial conquest of Cagayan in 1622 had changed the political landscape. Spaniards tamed the reluctant Cagayanons through Christian indoctrination in a settlement called reduccion or resettlement area, using the convent, plaza, and military garrison as the focal point of control. Under this system the Filipinos were forced to resettle in the designated areas under the Spanish priests or officials where they have to be baptized and counted as tributes payers.

Those Filipinos who rejected the orders were considered enemies.

As told by Mordonio Lao: …The Recollect missionaries and their forces were the first group of Spaniards who arrived

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 43 Gingoog City

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch-20 Cagayan de Oro City HOME DEVELOPMENT MUTUAL FUND ( PAG-IBIG ), Petitioner/Mortgagee, - versus – ROBERTO A. NAVALES married to EMILY JANE L. NAVALES. Respondent/Mortgagor. x---------------------------------------------------/

friday|august 26, 2016

Upon Extra-Judicial Petition for sale under Act 3135 as amended

by Act 4118. Filed by ORO INTEGRATED COOPERATIVE., with principal address at Yacapin-Tiano Sts., Cagayan de Oro City, against SPS. MARK G. KHO and HAIDEE P. KHO, LEMUEL VALDEVILLA and ARTURO G. CASISON of Brgy. 20, Gingoog City, Misamis Oriental, to satisfy the Mortgagee indebtedness which as of June 08, 2016 have amounted to FIVE HUNDRED TEN THOUSAND SEVEN HUNDRED FIFTY SEVEN PESOS AND 90/100 (P 510, 757. 90) and TWO HUNDRED TWENTY NINE THOUSAND FIVE HUNDRED THIRTY FIVE AND 94/100 (Php 229, 535.94) excluding liquidated damages, other charges and foreclosure expenses and other fees incurred in the foreclosure proceedings, the undersigned sheriff will sell at publication auction to the highest bidder for CASH on October 10, 2016 at 9:00 o’clock in the morning to 4:00 o’clock in the afternoon at the Office of the Clerk of Court, Regional Trial Court, Dugenio St., Gingoog City, the following properties with all the improvements existing thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. 16976 “A PARCEL OF LAND (Lot 4 – A. Psd-10-060243, being a portion of Lot 4. Pcs-10-004082) situated in Poblacion, City of Gingoog, Province of Misamis Oriental, Island of Mindanao. Bounded on the North by NW Lot 4-B; on the South by Lot 9. Pcs-10-004082; on the East by NE Road Right of Way; and on the West by SW Lot 4-B. Beginning at a point marked “1” on plan, being S. 80 deg., 29’E., 2015.85 m. from BLLM-1, Cad-295. Thence: 1-2 S. 35 deg., 00’E., 10.50 m.

2-3 S. 76 deg., 38’W’.,

9.00 m.

3-4 N. 27 deg., 03’W., 10.00 m.

4-1 N. 76 deg., 21’E., 7.50 m.

Containing an area of EIGHTY (80) SQUARE METERS MORE OR LESS. All sealed bids must be submitted to the undersigned on the above stated date and time.

In the event the public auction should not take place on the said date, it shall be held on the next working day without further notice, posting and republication.

The prospective buyer/s may investigate for themselves the title of the herein described property/properties and the encumbrances thereon, if any there be.

Gingoog City this 9th day of August 2016.

FOR THE EX-OFFICIO SHERIFF BY:

(Sgd.) CELESTIAL VENUS G. GELBOLINGO

Sheriff IV

BWM: Aug. 19, 26 & Sept. 2, 2016

BWM: Aug. 12, 19 & 26, 2016

(Sgd.) FLORA C. PEREZ Sheriff IV RTC-Branch 43 Gingoog City

in the early settlement of Himologan (the old name of the place later called Cagayan) and who intruded and displaced the settlement of early Cagayanons in the early 17th century? Ever since, the Spaniards established the reduccion in Cagayan in 1622 (at the very site where the Cathedral and Gaston Park stand at present), the settlement had not been without missionaries. This enabled the parish priest to wield political power behind every facet of local administration in Cagayan, like the appointment of Don Cipriano Vamenta, as the governadorcillo of the town until 1898.

A Tale on the Impact of Rizal’s Exile in Misamis Rizal’s exile in Dapitan, which was then part of the district of Misamis, afforded him visit or contact with Cagayanons. The popularity of his ophthalmology practice certainly reached Cagayan. Two residents of Cagayan from the families Corrales and Chaves were known to have gone to Dapitan for treatment. When Bonifacio sent Pio Valenzuela as his courier to Rizal in Dapitan in order to convince him to support the revolution, Valenzuela was believed to have dropped by or at

least sent message to Cagayan.

His first-degree cousin, Baltazar Valenzuela was then residing in Lapasan, Cagayan.

Rizal was said to have visited Tagoloan by crossing the northern Mindanao Sea by boat in the company of Spanish official of Dapitan Ricardo Carnicero. They arrived at Togolaon under cover of the night to visit a supposed classmate of Rizal in Santo Tomas named Urbano Alvarez.

During this time, events in Misamis were fast becoming grounds for revolt. There was much political repression in Cagayan during the term of Juan de Prat, which was when Rizal was in nearby Dapitan.

Consequently, many were arrested, put in prison, tortured for mere hearsay.

Cagayan and the Revolution Historians often overlook revolutions beyond the Manila territories. Among these was the katipunan-led revolution in the gauntlet district of Misamis, including Cagayan. By the end of September 1896, 350 native soldiers mutinied; killing the captain Sanchez Arrojo, two lieutenants, and some sergeants and corporals, all Spaniards. It Fiesta/PAGE B3

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND

KNOWN BY ALL MEN BY THESE PRESENTS: this EXTRAJUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and executed this 3rd day of November 2015 in the City of Cagayan de Oro, Philippines, by and between: the HEIRS OF FELISA A. ISRAEL, represented herein by surviving spouse NORBERTO P. ISRAEL, SR. AND THEIR LEGITIMATE CHILDREN NAMELY: ALAN APARTE ISRAEL. of legal age, Filipino citizen, residence address at Aluba Village Subd., Cagayan de Oro City, JOY SILVA ISRAEL CUBILLAN, of legal age, Filipino citizen, residence at Zone 1, Bulua, Cagayan de Oro City, NORBERTO APARTE ISRAEL, JR., MA. FELISA ISRAEL UY AND VERNON APARTE ISRAEL, all of legal age, Filipino Citizen, all married, all residence and postal address at Ebarle St., Corrales Avenue, Cagayan de Oro City, hereinafter referred to as the VENDORS/HEIRS; AND JANE ISRAEL CUBILLAN, of legal age, Filipino citizen, single, with residence and postal address at Zone 1, Bulua, Cagayan de Oro City, hereinafter referred to as the BUYER/VENDEE; that the abovenamed parties, are all of legal age, are the legitimate children and sole heirs of the deceased FELISA A. ISRAEL, who died on October 06, 2014 in Ebarle St., Corrales Ave., C.D.O. without leaving behind any LAST WILL AND TESTAMENT and without any outstanding debts in favor of any person or entity. That the said deceased, at the time of their death, they left a Parcel of Land situated in CAMAMAN-AN, CAGAYAN DE ORO CITY and more particularly A PARCEL OF LAND, known as Lot 41277-D situated in the Barrio of Camaman-an, City of Cagayan de Oro and Island of Mindanao, containing an area of TWO HUNDRED (200) SQUARE METERS, more or less, declared in the HEIRS of FELISA A. ISRAEL is the subject of “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND”. Under the Notary Public of EMELITO J. MARQUIÑO, per Doc. No. 369; Page No. 73; Book No. XI; Series of 2015.

KNOWN BY ALL MEN BY THESE PRESENTS: this EXTRAJUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and executed this 3rd day of November 2015 in the City of Cagayan de Oro, Philippines, by and between: the HEIRS OF FELISA A. ISRAEL, represented herein by surviving spouse NORBERTO P. ISRAEL, SR. AND THEIR LEGITIMATE CHILDREN NAMELY: ALAN APARTE ISRAEL. of legal age, Filipino citizen, residence address at Aluba Village Subd., Cagayan de Oro City, JOY SILVA ISRAEL CUBILLAN, of legal age, Filipino citizen, residence at Zone 1, Bulua, Cagayan de Oro City, NORBERTO APARTE ISRAEL, JR., MA. FELISA ISRAEL UY AND VERNON APARTE ISRAEL, all of legal age, Filipino Citizen, all married, all residence and postal address at Ebarle St., Corrales Avenue, Cagayan de Oro City, hereinafter referred to as the VENDORS/HEIRS; AND JEZEBEL ISRAEL CUBILLAN, of legal age, Filipino citizen, single, with residence and postal address at Zone 1, Bulua, Cagayan de Oro City, hereinafter referred to as the BUYER/VENDEE; that the above-named parties, are all of legal age, are the legitimate children and sole heirs of the deceased FELISA A. ISRAEL, who died on October 06, 2014 in Ebarle St., Corrales Ave., C.D.O. without leaving behind any LAST WILL AND TESTAMENT and without any outstanding debts in favor of any person or entity. That the said deceased, at the time of their death, they left a Parcel of Land situated in CAMAMAN-AN, CAGAYAN DE ORO CITY and more particularly A PARCEL OF LAND, known as Lot 41277-D situated in the Barrio of Camaman-an, City of Cagayan de Oro and Island of Mindanao, containing an area of TWO HUNDRED (200) SQUARE METERS, more or less, declared in the HEIRS of FELISA A. ISRAEL is the subject of “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND”. Under the Notary Public of EMELITO J. MARQUIÑO, per Doc. No. 368; Page No. 73; Book No. XI; Series of 2015.

BWM: Aug. 26, Sept. 2 & 9, 2016

BWM: Aug. 26, Sept. 2 & 9, 2016

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friday|august 26, 2016

Fiesta... from page B2

was this group that instigated the Misamis rebellion. At the fort of Nueva Victoria, at Iligan the revolutionists took the munitions, including 30,000 rounds of cartridges. From lligan, they went by foot to Cagayan to subdue the seat of the district. Along the way, town churches and houses of peninsular Spaniards were ransacked in Manticao, Naawan, Initao, Alubijid, El Salvador, Molugan, and Opol. The situation warranted the escape of the Recollect friars to the safety of Camiguin. The original intent for the revolutionists was to install among the native soldiers, a lawyer named Torrefil, as the new governor of Cagayan.

The plan was foiled, but some revolutionary forces reached Cagayan. They traveled routes from Cagayan to Bukidnon, the Misamis coast, and to the town of Balingasag. The take-over, however, in Cagayan did not materialize.

On the other hand, a prominent Cagayanon named Apolinar Velez was awarded by the Spanish local government with the medals La Cruz Roja de Merito Militar and the La Cruz Roja de Merito Civil for his leadership of the team of volunteers who helped repel the planned Katipunan attack on Cagayan. He was also cited for crushing the Katipuneros in Santa Ana in Tagoloan on October 14, 1897.

The Victory of the Revolution was celebrated in Cagayan Subsequent defeat of the Spanish Army by the Filipino forces under the overall command of Bonifacio and through the Presidency of Aguinaldo marked the impending downfall of the Spaniards.

Despite the pro-Spanish attitudes of many prominent local leaders in Cagayan, Spanish officials in the vicinity finally left in late December 1898. The revolutionary government of the Philippines issued a decree to establish a provisionary government in June 18, 1898.

Jose Roa was designated head of Cagayan. The Cagayanons hoisted the Philippine Flag over the wharf at Macabalan. Thus, the Inauguration of the Philippine republic at Malolos on January 23, 1899 was made known in Cagayan with parades music and speeches for two days.

Defending the American

Conquest in Cagayan The new Filipino government in Cagayan was soon preoccupied with plans for the defense of the town in the event of an American invasion. Later, one of the American battle ships sent to Cagayan was the USS Petrel, which saw action in the Battle of Manila Bay. The battleship docked at Cagayan on March 29, 1900.

But the Cagayanons defenders were already in the mountains of Cagayan and plotted their defense.

There were three battles that took place in a span of exactly one year. The Battle of Cagayan that took place at early dawn of April 7, 1900 participated in by 15 Bukidnon natives. A bloody encounter ensued around town for more than an hour. Dead Cagay-anons littered the streets. More than 80 defenders were dead, including the Bukidnon warriors. About a fourth of that number was among the wounded, with some taken as prisoners of war. The Cagayan revolutionaries also

encountered a routing defeat on May 14, 1900 in the barrio of Agusan, an event known as the Battle of Agusan Hill. It was only in the Battle of Makahambus Hill on June 4, 1900, that the Americans lost to the Cagayanon fighters. (Montalvan, 2004).

World War II in Cagayan The Japanese forces peacefully occupied Cagayan in 1942 when the fearful American forces retreated without a fight. The Japanese forces immediately handed down the town to the Filipino leaders. But EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND KNOWN ALL MEN BY THESE PRESENTS: Th i s EXTR A- JU D IC IAL SETTLEMENT WITH DEED OF ABSOLUTE SALE is made and entered into this 18th day of August 2016 in the City of Cagayan de Oro, Philippines, by and between: HEIRS OF SPOUSES PONCIANO V. FLORES & LUZMINDA G. FLORES, represented by their legitimate children, namely: JOCELYN FLORES BONJE, RENATO G. FLORES, MA. SUSAN G. FLORES, VEVENCIO G. FLORES (deceased) represented by his daughter: MARY JANE G. FLORES, MARIVIC G. FLORES, CHRISTINE G. FLORES, AND ALLAN G. FLORES, AND ALLAN G. FLORES, all of legal age, Filipino citizen, with residence and postal address at District 6, Calaanan, Cagayan de Oro City, hereinafter referred to as the HERS/SELLERS; AND INGRID S. MINOZA AND JOEY T. MINOZA (spouses), of legal age, Filipino citizen, spouses with residence and postal address at Mabas, Balulang, Cagayan de Oro City hereinafter referred to as the BUYER/VENDEE; That the abovenamed parties, are all of legal age, are the legitimate children and sole heirs of the deceased PONCIANO V. FLORES, who died on September 05, 2008 and LUZMINDA G. FLORES, who died on August 16, 2010, all died in Dist. 6 Calaanan, Canitoan, Cagayan de Oro City. That the said deceased, at the time of their death, left a parcel of land situated in DIST. 6, CANITOAN, CAGAYAN DE ORO CITY and more particularly described as follows: LOT 3923-D containing an area of 211 square more or less is the subject “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND” Under Notary Public of EMELITO J. MARQUIÑO, per Doc. No. 158; Page No. 31; Book No. XI; Series of 2016;.

BWM: Aug. 19, 26 & Sept. 2, 2016

the Americans’ retreat and return caused immeasurable damage in the lives and property in the central part of Cagayan. The town was torched to the ground by retreating USAFFE forces in 1942. Upon the American forces returned and before landed in Cagayan on May 10, 1945, they bombed the town to ensure total eviction of Japanese forces. A respected national historian wonders: “ Cagayan de Misamis was a lovely little town in northern Mindanao. It had a

good cathedral, a rectory and a fine bishop’s house. It had a Jesuit school for boys with good concrete buildings… and school for girls. There were public schools, a school for arts and trades. There was a hospital. And of course the numerous homes and shops along the tree-lined streets of a well-planned city.

There were few Japanese in the place. A small American unit could have taken the city easily. Was it really necessary to bomb and destroy Cagayan?”

(To be continued)

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friday|august 26, 2016