BusinessWeek MINDANAO CREDIBLE
Volume VIII, No. 24
Market Indicators As of 5:00 pm August 1, 2017 (tuesday)
FOREX
PHISIX
US$1 = P50.37
7,906.60
9
X Briefly
cents
X
111.45 points
MSME confab DAVAO City -- The Department of Trade and Industry (DTI) 11 is spearheading the two-day Regional Micro, Small and Medium Enterprise (MSME) Conference 2017 which started Thursday at Marco Polo Davao. This is in coordination with the Regional MSME Development Council-Mindanao Chapter. The conference, which will be concluded today, is centered on the 7Ms of successful entrepreneurs, the current mantra for entrepreneurship which DTI and the Philippine Center for Entrepreneurship (PCE) promote. The 7Ms of Uplifting MSMEs refers to Mindset Change, Mastery, Mentoring, Market Access, Machines, Money and Models of Business. DTI’s Bureau of Small and Medium Enterprise Development (BSMED) director Jerry Clavesillas discussed this strategy thoroughly during the conference’s first day. He also presented the 2017 Association of Southeast Asian Nations (Asean) Summit Action Plan.
Anti-trafficking WITH the theme, “Let’s act now to protect and assist trafficking victims,” the Regional Inter-Agency Council Against Trafficking- Violence Against Women and Their Children (RIACAT-VAWC) in northern Mindanao observed the World Day Against Trafficking in Persons on July 28 by distributing information, education and communication (IEC) materials to hotels and inns in the city. Aileen Nor Carlos of the Department of Social Welfare and Development (DSWD) Field Office 10 said that there were three inns which confirmed their support for the campaign namely, R Suites, Mardale Pension and Golden Pension. Members of the RIACATVAWC were then able to hang tarpaulins and distribute IEC materials to the said inns. Owners and managers of the three inns were also oriented on how they can help in stopping human trafficking in their establishment.
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NEA backs power coop bid for tax exemption www.businessweekmindanao.com
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Wednesday | August 2, 2017
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By MYRNA M. VELASCO, Contributor
HROUGH a legislative measure, the National Electrification Administration (NEA) is advancing tax exemption bid for the country’s 121 electric cooperatives (ECs) that are extending services to consumers in rural and far-flung areas.
TARTANILLA. A horse-drawn cart locally called tartanilla shares a road with a car in Iligan City on Monday. At its back is “kumpay”, a favorite grass among horses and cattle. mindanews photo by h. marcos c. mordeno
According to NEA Administrator Edgardo Masongsong, this measure could be concretized via the proposed Tax Reform for Acceleration and Inclusion Act that is currently pending for deliberations in Congress. This proposed legislative policy, he explained, could “even things out with the ECs registered under the Cooperative Development A u t h o r i t y ( C D A ) ,”
emphasizing that these entities enjoy such privilege based on the provisions of Republic Act 7160 or the Local Government Code of 1991. A s a n i n i t i a l s t e p, Masongsong indicated that they are now working with co-advocates in both the legislative and executive branches of government for the policy proposal to move tax/PAGE 11
Mega Harbour warns of Davao’s worsening investment climate By CARMELITO Q. FRANCISCO, Correspondent
DAVAO City -- Mega Harbour Port and Development, Inc., the proponent of the nearly P40-billion reclamation project that Mayor Sara Duterte-Carpio recently rejected, said the decision ill worsen the investment climate for the region. Davao City Mayor Sara Duterte-Carpio made the public announcement of the
JVA termination a day after the President’s second State of the Nation Address, which she attended. In a statement released Saturday, Mega Harbour President Victor S. Songco said the company has sent a letter to Ms. Carpio telling her that the company is “deeply concerned, even seriously alarmed, by your
letter dated July 19, 2017, informing us that you have ‘come to a final decision not to further proceed’ with the Davao Coastline and Port Development Project.” The company warned that the “mysterious move” of Ms. Carpio will have an impact on “every local and foreign investor interested in investing in Davao, and global donors wanting to warns/PAGE 11
FAMILY DAY. An itinerant fish vendor is joined by his family as he does his rounds in Barangay Kalasungay, Malaybalay City, Bukidnon. mindanews photo by walter balane
CEB deploys more regional flights, bigger aircraft on key routes By MIKE BAÑOS Editor-at-Large
DAVAO City -- The country’s biggest airline has expended its coverage of the archipelago with the recent launch of more regional flights to link key destinations and the upgrading on key routes with the deployment and of bigger and newer aircraft to serve growing passenger
traffic. “Cebu Pacific remains bullish over prospects in Mindanao. We remain optimistic that new routes would benefit not only Davaoeños, but Mindanaoans in general, in terms of strengthening family and cultural ties, fostering domestic tourism and education exchange, and
helping harness trade and business opportunities,” said Charo Logarta Lagamon, Director for Corporate Communications of Cebu Pacific (PSE: CEB) during the grand launch held July 27 at Marco Polo Hotel. “Our new intra-island routes provide Mindanaoans convenient air connections; and support the government’s push for more
infrastructure investments in Mindanao,” CEB’s wholly-owned subsidiary Cebgo started flying July 27, 2017 three times weekly (Monday, Wednesday, and Friday) between Davao and D u m a g u e t e ; a n d f ou r times a week (Tuesday, Thursday, Saturday, and Saturday) between Davao
and Tacloban. CEB offers its lowest allin one way year-round fare from Davao to Dumaguete at P2,590 and Davao to Tacloban at P2,142. Present during the launch were Dumaguete City Mayor Felipe Antonio Remollo, and Davao City Councilors, led by Acting Mayor Danilo deploys/PAGE 11
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Economy
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City gears up for Kadayawan Fest
D
AVAO City -- There is no turning back for the city government and the private sector to push through with the 32nd Kadayawan sa Davao amid an extended Martial L aw period in Mindanao. In fact, the city already started sprucing up city streets with colorful banners. City Tourism officer R e g i n a R o s a Te c s o n Monday said there will be no cancellation of activities. “Ever since we started planning we are already working hand in hand with the security sector,” Tecson said. “The security sector is helping us in the planning stage to ensure the safety and security of all our events.”
Te c s o n s a i d t h e Kadayawan committee is intensifying the promotion of Kadayawan festival to encourage more tourists to come and witness the celebration of Davao’s culture and bounty harvest. ” T h e Ka d ay aw an s a Davao is a celebration of the bounty harvest of the 11 tribes in the city,” she said. Tecson said the city is confident despite the declaration of Martial Law extension tourist will still come and visit the city to witness the event. The negat ive p ercept ion of martial law in Mindanao has taken a toll on the tourism industry in the city. E ar l i e r, Mayor S ar a Duterte-Carpio said that
the Kadayawan events will continue as planned despite the extension of Martial Law. Duterte-Carpio earlier s a i d t h at i t w o u l d b e interesting to celebrate Kadayawan under Martial L aw and showc as e t he
festivity of the city. Public Safety and Security Command Center (PSSCC) chief Benito De Leon said s e c u r i t y m e a s u re s a r e now readied for the 32nd Kadayawan sa Davao slated on August 14 to 20.
De Leon said troops from Task Force Davao, Joint Task Force Haribon, Davao City Police Office and augmentation from Police Regional Office XI and 10th Infantry Division will be deployed in the city during
the entire celebration. CCTV cameras are also installed in strategic places to ensure the safety of the Davaoeños and local and foreign tourists who will join the celebration. (Funny Pearl Gajunera/PNA)
Road projects to connect remote areas in DavOr DAVAO City -- The provincial government of Davao Oriental is embarking on three major alternate road projects that will connect far-flung communities in the area to the market centers. This was announced by the provincial information office, saying the government is set to transform marginalized areas to economically thriving
and developed communities through the opening of these roads. The alternate roads, with a total stretch of 31.4 kilometers, will traverse in nine villages in the city of Mati and town of Lupon. “These concreted alternate roads, if completed, will pave way for the development in the hinterlands by boosting agricultural productivity and trade as well as provide alternate routes in times of disasters,” information office added.
The project is considered a brainchild of Governor Nels on D ayang hirang dubbed as the “Provincial Road Network Development Plan” and is also considered as among the most ambitious development projects u n d e r D a y a n g h i r a n g ’s administration and are seen to create connection loops across villages and towns in Davao Oriental. Included in the project is the 14.36 kilometers Matavisan farm-to-market road that will connect
Barangays Macangao, Tagboa, New Visayas and San Isidro in Lupon town. The Mat avisan road project, with a total budget of PHP216 million, will directly benefit around 6,000 residents in the area, the provincial government said. The project will be funded under the Philippine Rural Development Program of the Department of Agriculture and the provincial government. Another road project road/PAGE 11
How to prevent bullying in schools By JESSIMER U. TUMALA SST III Ozamiz City National High School
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SCHOOL bullying is a type of bullying that occurs in an educational setting. When your child is being bullied at school, it can be very stressful and confusing on what steps to take to get the bullying to stop. The first step is being active in PTA meetings so you can assess what prevention and intervention efforts the school has implemented. DepEd has a unified antibullying policy for public schools but then again, actual interventions are in case-by-
case basis per school. It is also impor tant for ot h e r m e mb e r s of the community like the barangays to work together to send a unified message against bullying. Launch an awareness campaign to make the objectives known to the school, parents and community members. For the school principal, he or she must establish a school culture of importance, tolerance and respect. Use f a c u lt y me e t i ng s , P TA
meetings, the students’ publication, the school website and the student handbook to establish a positive climate at school. Build bullying prevention material into the curriculum and student activities. Train teachers and staff on the school’s rules and policies. O t he r i nte r ve nt i ons include creative writing such as a poem speaking out against bullying or a skit or artistic works such as a collage about respect.
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
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Opinion
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Are sanctions against Russia the solution? have my say
agreed the sanctions with a view to harming Europe. “But the upshot of it all is that our companies’ interests may be harmed,” she argued. Why warning the US over Russia sanctions? Very easy: counter-sanctions have to be considered. Today (Friday, July 28, 2017 while writing this piece,the German C ommittee on East European Economic Relations said US plans for tighter sanctions against Russia had the potential of harming EU firms with energy interests in their giant eastern neighbor. It went as far as to say that the latest US move appeared designed to stimulate US energy exports to Europe. The business for um added that the “possibility of European counter-sanctions
against the US should be kept open as a very last option,” if firms in Europe were affected. The committee said it expected German exports to Russia to grow by 20 percent this year, up from an earlier forecast of just 10 percent, despite all the EU and US sanctions in place right now over Russia’s perceived role in the Ukraine and Syria conflicts. Affected firms in Europe could also result into a global effect! Many times, sanctions are indeed not the solution. +++ Email: dor ingklau s@ gmail.com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicalmusic.blogspot.com .
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Philippines a while ago when celebrating Germany’s Day of United in Manila, on Thursday warned of the impact of new US sanctions against Russia on German companies, particularly those in the energy sector and with business ties with Russia. I was able to watch her telling the German public klaus doring broadcaster ARD that she thought little of sanctions Policymakers and economic decided on unilaterally, that organizations in Germany are is without prior consultation getting increasingly nervous with EU partners. Mrs. about the latest round of Zypries is ver y right in sanctions against Russia that warning against a trade war the US administration looks over this latest round of US set to implement. Energy sanctions against Russia, sector firms are alarmed. saying such a situation would On my opinion: no wonder! be “very bad.” G e r m a n E c o n o m i c s The minister - and not Minister Brigitte Zypries, only she - is still hoping the w h o w a s v i s i t i n g t h e US administration had not
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Juni Law Office Cruz Taal St., CDO Legal Counsel
After Pinoys ignored God, foreigners lorded in over them
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More than rules think a minute
jhan tiafau hurst Think a minute…A hotel sign in Tokyo, Japan had this rule on it: “Is forbidden to steal towels please. If you are not person to do such is please not to read sign.” Someone said that rules are like a fence around us. We need them to keep us inside so we won’t break out and hurt ourselves or others. We have rules at home, at work, at school, in sports, and for driving on the road. And if we move to another country and culture, we must learn to follow their rules. M a ny p e o p l e t h i n k C hr ist i ans are a g roup of people who just try to follow strict, boring rules that are old fashioned and definitely not cool! They t h i n k C h r i s t i a n s c a n’t have any fun or freedom in life. We can’t do this or that, can’t go here or
there. So they think being a Christian is like living inside a fence or prison wall that won’t let you out to have fun and enjoy life. But that’s not true Christianity! Jesus Christ Himself said He did not come to bring more rules to build a tighter fence around us so that we become prisoners. It’s just the opposite! Jesus said He came to set people free, so we won’t need rules to keep us honest or force us to love and forgive others. Jesus isn’t ne arly as interested in rules as He’s interested in YOU. He knows that if you’ll just let Him take full charge of your heart and character every day, He can start changing your life. Then you and I won’t be like children who need a lot of rules to tell us what and what not to do. For example, if you truly love your neighbor, then you don’t need a rule to stop you from stealing from him, since you never steal from someone you really love and care about. Wh e n G o d t h e S on change s ou r he ar t and character inside, then everything we do comes from the new person we’re becoming. Jesus’ love and hurst/PAGE 10
Kakampi mo ang batas
Batas Mauricio LIFE’S INSPIRATIONS: “… See, I set before you today life and prosperity, death and destruction. For I command you today to love the LORD your God, to walk in obedience to him, and to keep his commands, decrees and laws; then you will live and increase, and the LORD your God will bless you…” (Deuteronomy 30:15-16, the Holy Bible). -ooo F OR E IG N E R S A N D CRIMES IN RP: Illegal drugs, smuggling, profiteering, hoarding, tax evasion, human trafficking, illegal gambling, gunrunning, and many other heinous crimes. As things stand in the Philippines today, any mention of any of these crimes and wrongdoings will surely involve foreigners. Undeniably, foreigners
appear to be masterminding and are benefitting from all of these, and, until President Duterte came, they seem to be impregnable and untouchable. But, yes, nothing lasts forever, even the earth and the sky. A time of reckoning is going to come, although from the point of view of many, that time is taking a long time coming. The foreigners’ stories in many places in the world is eerily uniform, even from Biblical times. At first, they were small in number, weak, and were heavily dependent on the generosity of the citizens of the country where they have taken up residence. As time went by, however, they became numerous, wealthy, and powerful, becoming the masters of those who lorded it over them in olden times. -ooo HOW FOREIGNERS CAME TO LORD IT OVER NATIVES: In the Christian Bible, the earlier books there talked about loving foreigners as if they were fellow citizens. The admonitions had always been, do not oppress or mistreat foreigners. The reason was that the Israelites were themselves foreigners in Egypt who were mistreated and oppressed. After God brought the
Israelites out of Egypt, He told them not to similarly oppress or mistreat the foreigners that would come to reside with them. Yet, almost imperceptibly, some kind of a change in the status of foreigners came about, when the Israelites stopped listening to, and no longer obeyed, God. Instead of serving the Israelites, foreigners became the masters of their formers masters. Thus, the Bible recognized that, because the Israelites turned their backs on God, the foreigners residing with them would already become richer than them, and would in fact become the rulers of the Israelites. -ooo AFTERPINOYSIGNORED GOD,FOREIGNERSBECAME THEIR MASTERS: This is what is happening in the Philippines right now. The foreigners who have resided with us, once content with selling “lugao” and buying “bote garapa”, became outrageously rich. Many of them have in fact become our political and government leaders, with two persons from Fujian, China, even becoming our presidents for 12 years! Surely, this is happening because it is all too clear that Filipinos have stopped listening
to, and have refused obeying, God. Many of us no longer read the Bible, no longer attend masses or praise and worship, and think, speak, behave, and look, as if there is no God, as if we are not going to die and face God in judgment at some point in time. We can still change this misfortune. I therefore call on all Filipinos who consider themselves “native Filipinos” and who are already fed up with the excesses and the abuses of many foreigners to start a “movement to go back to God”, by reading His Bible daily, studying it day and night, and carefully obeying everything that is written in it. The promise is that we shall become victorious and prosperous! Lets do it (with apologies to the late Sen. Juan Flavier). -ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at www. facebook.com/angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo. com.
Cracking God’s will hints and traces
roy cimagala It may give us the sensation that we are chasing rainbows, boiling the ocean, tilting at windmills, going in circles, but actually figuring out what God’s will for us is at any given moment is the most objective reality that we should try our best to capture. In a sense, nothing can be more important than that.
And that is simply because God’s will is the source of everything in the universe. The whole of creation in all its existence, unity, truth, g o o d n e s s , a n d b e au t y starts from God’s will and is maintained by it. The entire range and scope of reality-be it material or spiritual, natural or supernatural, temporal or eternal-is “contained” there, not only theoretically but also in vivo. We have to realize more deeply that it is in God’s will that everything is made to exist and is kept in existence according to his providence. Since we have been made with the capacity to know and to will, we have to live our life knowing and willing together with God’s knowledge and will, full of wisdom, love
and mercy. This, of course, is not easy. God’s will is shrouded in the deepest of mysteries. But this does not mean that it cannot be known by us. Neither does it mean that God does not make himself known to us in the easiest manner possible. He may be the farthest from us, because he is the most supernatural of all things supernatural. But he is also the closest to us, because he is at the very core of our being, he being the giver of our existence who cannot withdraw from us, lest we revert to nothing. He can even appear to us directly, as what many saints have experienced. He gives us his grace. We are left with his doctrine. The sacraments
are there. And practically everything, if seen with great faith, points us to him. The trees, the mountains and skies, the sun and moon can speak to us of God. Yes, it is both difficult and easy, impossible and feasible. It would really depend on us as to how we approach this matter. Are we, first of all, aware that we need to know, love and follow God’s will? Are we willing to exert the corresponding effort? To be able to know God’s will for us at every moment, we need to be recollected, always putting ourselves in God’s presence, trying to discern through our daily duties and the things that we see around what God is asking of us or telling us. cimagala/PAGE 11
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NEA proposes tax exemption for ECs NATIONAL Electrification Administration (NEA) chief, Edgardo Masongsong, said he is pleased that the Tax Reform Act is being deliberated in Congress, particularly the issue on taxing electric cooperatives (ECs). “We are working with Congressman Lord Allan Velasco and Senator Win Gatchalian, as well as the Department of Energy (DOE), and Department of Finance to urge the Department of Justice (DOJ) to review the opinion stated in Republic Act 10531 (National Electrification Administration Act of 2013), which says the provision of RA 7160, or the local government code, as regards the tax exemption for cooperatives registered with the CDA (Cooperative Development Authority) shall also apply to ECs,” Masongsong said as he faced reporters at the “Usaping Balita Media Forum” held at the Quezon Memorial Circle Thursday. ”We are looking forward that the opinion of the DOJ shall be favorable to granting ECs registered with the NEA to be tax exempt as well.” The NEA chief emphasized that the government must focus all its efforts in promoting sustainable development in the countryside, as stated in Presidential Decree 269. “The government should reinforce NEA and ECs to achieve this national policy,”
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Banking&Finance
he said. Meanwhile, NEA also bared a proposal for the establishment of a cooperative bank, in light of the launch of the National Center of Electric Cooperative Consumers last April 26. This proposed bank will be known as the Electric Cooperative Consumers Bank, where consumers may deposit as little as PHP10 per month in their savings accounts. ”There’s really a potential as far as electric cooperative consumers are concerned. Imagine, if all those 12 million connections contributed at least PHP10 each every month. That would be mobilizing more than PHP100 million or about PHP1.2 billion a year. If that had been done in the past 10 years, maybe consumers could have mobilized PHP12 billion already,” Masongsong explained. In addition, ECs can deposit their collections so that when they need it, funds would be available for loans needed for their capital expenditure projects. Lastly, he said, in line with the DOE’s vision of creating wealth through rural electrification, a cooperative bank would enable consumers to borrow money at lower interest rates so they could start their own livelihood projects or expand their existing livelihood activities. (Abs A. Abando/ PNA)
BSP chief eyes more forex liberalization
BA NG KO S e nt r a l ng Pilipinas (BSP) Governor Nestor Espenilla Jr. vows further foreign exchange liberalization to help address rising financing requirements of the domestic economy. E sp eni l l a s aid b an k lending continues to be robust but noted that these financial institutions cannot sufficiently fund increasing needs, thus, the need to also support the local currency debt market. “We b e l i e ve t h i s i s a crucial component to sustain the economy’s growth momentum,” he said. Espenilla said monetary officials also bid to develop the domestic debt market due in part to the developments in the foreign exchange market.
To date, the peso is trading its near 11-year low to a greenback at around 50-level. E sp eni l la s aid d ai ly peso-dollar trading volume averages to around USD600 million to date but cited that when the central bank started to collect data, the volume reaches to more than USD1 billion. “For transactions to be happening in the unregulated parallel markets, this has got to change,” he pointed out, thus, the needed reforms. The central bank chief said the reforms he intends to pursue aims to make foreign exchange transactions “more risk-based but transparent.” He said that “notwithstanding the waves of liberalization that the
BSP has announced in the past, we recognize that the foreign exchange market today remains restrictive, difficult, opaque, shallow.” “It is a throwback to time when fx (foreign exchange) was scarce and reserves were meager and market confidence was very low,” he said. “Today, it’s an entirely different picture. To preserve those kinds of rules in a market t hat is rapid ly growing is to impede the growth of market itself. It simply adds to cost of doing business and just creates a bigger and bigger black market,” he said. Espenilla, who assumed his post on July 3, 2017, s ai d f ore i g n e x c h an g e
liberalization will be “a very important focus of my term.” “We will also continue to reshape the financial system so that it is truly responsive to the needs of the domestic economy. Here we have to recognize technology,” he added. The last foreign exchange liberalization of the BSP was implemented in August 2016, which allowed Filipinos to buy as much as USD500,000 from banks without supporting documents from USD120,000 previously. Limit for foreign exchange purchase of corporates was hiked to USD1 million. It is the 11th forex liberalization of the central bank. (Joann S. Villanueva/ PNA)
DOF exec sees slowdown of inflation in July 2017 AN official of the Department of Finance (DOF) sees a further deceleration in the rate of price increases in July 2017, and is open to the possibility that inflation has peaked for the year. DOF Undersecretary and chief economist Gil Beltran forecasts July 2017 inflation to slow to 2.7 percent from last June’s 2.8 percent.
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”I think inflation will go down to about 2.7 percent,” he told reporters recently, citing the main contributor to movements in food prices. In the first half of the year, inflation averaged at 3.1 percent, slightly above the mid-point of the central bank’s two to four percent target for this year until 2020. However, inflation has
decelerated since March and April, posting its highest so far this year at 3.4 percent. Beltran could not say inflation had reached its highest level for the year. “It’s so difficult to estimate what will happen in the future but so far it appears like it has peaked,” he added. The DOF, in a press rel e as e d Mond ay, s ai d
Beltran, in his report to Finance Secretary Carlos Dominguez III said food inflation may have weakened a bit due to steady price movements in the seventh month this year. It said food and nonalcoholic beverages may have registered a 3.5 percent inflation rate last July, same as inflation/PAGE 10
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PNP joins FitFil challenge, pledges 500,000 pounds
T
he P h i l i p p i n e N a t i o n a l Po l i c e (PNP) has accepted a rigorous challenge where they happily expect to lose, excess weight, that is. During the launch of PNP’s Mission: Slim Possible, no less than PNP chief Director General Ronald “Bato” dela Rosa led the country’s men and women in uniform in pledging to collectively shed a total of 500,000 pounds in six months. The new PNP fitness campaign is part of the Fit Filipino (FitFil) 1 Million Pounds National Weight Loss Challenge, the biggest onground and online wellness program in the country which aims to encourage everyone to pledge and donate or lose weight. “Mission: Slim Possible fittingly compliments the PNP’s regular police
calisthenics programs. We are into this weight loss challenge for the next six months to ensure that our PNP personnel are physically and mentally fit to perform their police functions,” said dela Rosa. “Losing weight is certainly a very challenging endeavour but it can be very fulfilling. And I send this challenge to ever y policeman and policewoman who needs to shed some pounds in order to not only work better, but also to look better,” added dela Rosa. At the PNP Transformation Oval in Camp Crame, Quezon City, PNP fitness officers conducted a ceremonial weigh-in and measurement of waistline and height among selected members of the police force. FitFil organizers and wellness coaches Jim and
Win cool gadgets with Phoenix Petroleum’s Scratch-A-Prize Promo Fuel up at Phoenix Pet roleum st at ions to win cool gadgets such as a Samsung Galaxy J5 Prime, a JBL Clip 2 Waterproof B l u e t o o t h Sp e a k e r, a Lenovo Yoga 510 Laptop, or a trendy GoPro HERO5 Session. Every P300 single or accumulated fuel purchase at any participating Phoenix stations nationwide entitles customers to one scratch coupon for a chance to win the gadgets as major prizes or the minor prizes of P30, P50, or P100 worth of fuel, one liter worth of lubricant product, or a Phoenix Power Bank. Customers must present their receipt/s to the forecourt attendant to collect their scratch coupon. Receipts can only be used once. Any excess amount on the receipt/s shall be void and cannot be used in the next redemption. Receipts for accumulation are valid only at the branch
where the transaction was made. Only receipts within the promo period are valid for redemption. Lost or damaged receipt/s will not be accepted or replaced. Minor prize winners may immediately claim their prize at the Phoenix station where they earned the coupon. Major prize winners must call the Phoenix Petroleum hotline 1-800-10-PNX FUEL (769-3835) or visit http:// w w w.pho enixf uels.ph/ ScratchAPrizePromo for details verification prior to claiming their prize. The gadgets will be awarded within a month from the verification. The coupons may be redeemed up to 60 days from end of promo period. The Scratch-A-Prize Promo is applicable for cash and credit card fuel transactions, and runs from July 25 to September 25, 2017 at participating Phoenix Petroleum stations.
Toni Saret, and celebrity fitness enthusiasts Jackie Lou Blanco and Dyan Castillejo then led hundreds of police officers, including dela Rosa
and the PNP command group and directorial staff,to a short work-out. Coach Jim and Toni Saret thanked the PNP officials
for supporting the FitFil 1 Million Pounds National Weight Loss Challenge with a huge 500,000 pound pledge, the biggest donation received
from a single organization. Pr ior to its l aunch, medical associations and public and private sectors fitfil/PAGE 10
Mission: Slim Possible. The Philippine National Police (PNP), led by PNP chief Director General Ronald dela Rosa, has joined the Fit Filipino (FitFil) Movement through the launch of “Mission: Slim Possible,” accepting the challenge for police officers to collectively lose a total of 500,000 pounds in six months. Photo shows dela Rosa and other police officials accepting the challenge from wellness coaches Jim and Toni Saret (2nd and 4th from left), Philippine Medical Association President Dr. Irineo Bernardo III (3rd from left), and celebrity fitness enthusiasts Jackie Lou Blanco and Dyan Castillejo during the PNP fitness program launch at Camp Crame in Quezon City.
Cebu Pacific strengthens Davao hub with new routes and enhanced cargo service The Philippines’ leading airline, Cebu Pacific (PSE: CEB), boosts its Davao hub as it commences commercial operations of new routes that link largest city in the Philippines to other key cities in the country, just in time for the kick-off of the much-anticipated Kadayawan Festival. Starting July 26, 2017, CEB wholly-owned subsidiary Cebgo will fly three times weekly (Monday, Wednesday, and Friday) between Davao and Dumaguete; and four times a week (Tuesday, Thursday, Saturday, and Saturday) between Davao and Tacloban starting July
27, 2017. CEB offers its lowest all-in one way yearround fare from Davao to Dumaguete at Php2,590 and Davao to Tacloban at Php 2,142. “Cebu Pacific remains bullish over prospects in Mi n d an a o. We re m ai n optimistic that new routes would benefit not only Davaoeños, but Mindanaoans in general, in terms of strengthening family and cultural ties, fostering domestic tourism and education exchange, and helping harness trade and business opportunities. Our new intra-island routes provide Mindanaoans
convenient air connections; and support the government’s push for more infrastructure investments in Mindanao,” said Charo Logarta Lagamon, Director for C orporate Communications of Cebu Pacific. The launch of the new flights was led by Dumaguete City Mayor Felipe Antonio Remollo and Davao City Councilors, led by Danilo Dayanghirang. The Dumaguete local government contingent took the maiden flight from Dumaguete to Davao. “My hats off to Cebu Pacific for being the pioneer in Dumaguete; for coming
in during the time when no other airline would fly to what was considered then a missionary route. The new Davao-Dumaguete route will usher in more flights and improve connectivity. It will increase economic development, extending beyond Negros Oriental to nearby Siquijor ; and link Davaoeños and Dumagueteños closer. The Dumaguete City Council will work with our Davao counter p ar t to forge a partnership between our cities for tourism development,” added Dumaguete Mayor Felipe Antonio Remollo. cargo/PAGE 10
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wednesday|august 2, 2017
Aboitiz subsidiary to buy out Lafarge’s minority shares
A
UNIT of Aboitiz Equity Ventures, Inc. (AEV) is acquiring 11.15% of Republic Cement & Building Materials, Inc. (RCBM) at a price of 0.2178 euros per share, the adjusted price after the companies closed the deal. A EV tol d t he sto ck exchange its subsidiary AEV CRH Holdings, Inc. will be acquiring the issued and outstanding RCBM shares held by the public through a tender offer, or an open invitation by the buyer to
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CorporateWorld
all shareholders. It said that the final p ay ment in Phi lippine pesos is expected to be made by Sept. 30, 2017. The diversified holding firm did not immediately respond when asked about the total shares involved in the deal and the transaction’s amount in euros and pesos. But in August 2015 it said its subsidiar y AEV CRH had been initially g r ant e d t h e opt i on t o acquire 5,174,720,568 common shares of Lafarge Republic, Inc., the former
name of RCBM. The shares represented 88.85% of the comp any’s outst anding capital stock. AEV CRH is a joint venture company between AEV and Cement Roadstone Holdings, Inc., a domestic corporation and wholly owned subsidiary of CRH Philippines Holdings BV, a Dutch company and an affiliate of CRH International. On August 12, 2015, AEV previously disclosed that AEV CRH had filed an amended tender offer to acquire the 11.15% of
RCBM. Based on the terms and conditions of the offer, the estimate price is subject to post-closing adjustments. On Friday, shares in AEV slipped 0.80 centavos or 1.06% to close at P74.80 each. A E V ’s b u s i n e s s e s , under its subsidiaries and affiliates, are grouped into six main categories: power distribution, generation and retail electricity supply; financial ser vices; food manufacturing; real estate; infrastructure; and portfolio investments.
When you’re in Davao City, Read:
HOTELS & RESORTS DIRECTORIES
VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com
Nestlé warns 2017 sales growth will be weakest in 20 years NESTLÉ SA warned that s a l e s g row t h t h is ye ar will be the weakest in at least two decades, giving activist investor Dan Loeb ammunition for his campaign to overhaul the world’s largest food company. Organic revenue growth will be at the lower half of its 2-4% forecast, the maker of Nespresso capsules and Perrier bottled water said Thursday. Sales increased 2.3% in the first six months of 2017, missing analysts’ estimates. The shares fell as much as 2.5%, the steepest decline in three months. It was “a semester to forget,” wrote Jean-Philippe Bertschy, an analyst at Bank Vontobel AG who added that all the key numbers worsened. “Nestlé will have to convince investors at the investor day in September t hat it w i l l b e able to
accelerate growth and deliver on profitability.” Chief Executive Officer Mark Schneider is under pressure to turn around the maker of Gerber baby food and Purina dog chow after Mr. Loeb revealed a $3.5 billion stake last month, demanding asset sales and higher shareholder returns. The food industry has hit a brick wall recently as consumers shun packaged f o o d t h e y p e rc e i v e a s unhealthy. French yogurt maker Danone also reported that sales barely grew in the second quarter as a revamp of the Activia brand flopped. Last week Unilever reported it had no volume growth in the second quarter. “Food companies will need to reinvent themselves, and a lot will have to change in the sector, especially in the developed markets like
Japan, Europe and North America,” said Patrik Lang, head of equity research at Julius Baer Group Ltd. “That’s what we’re starting to see: Nestlé wants to invest more in the health trend, Unilever is developing more and more into a company that commits to personal hygiene and Danone is searching for its own identity.” Both Nestlé and Danone reported facing commodity cost headwinds Thursday, which may crimp profitability. Danone said it expects a steep rise in milk prices in the second half, along with increases in costs of plastic packaging and other materials. Nestlé said it paid more for raw materials for the first time in two years. Nestlé suffered from sluggish demand in western Europe as consumers
shirked higher prices for products such as Nescafé soluble coffee. The company also had a drop in infant nutrition shipments, while its skin health unit faced incre asing comp et it ion from generic prescription brands. “The pricing weakness clearly shows the need to ditch the complacent approach that has stemmed from oligopolistic positions,” Pierre Tegner, an analyst at Natixis, wrote. Schneider has started an overhaul by reviewing Nestlé’s US confectionery unit for a possible sale, as well as announcing a buyback of as much as 20 billion francs ($21 billion) in shares. He is scheduled to meet investors on Sept. 26 in London to present his full strategy after starting the job in January. – Bloomberg
GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com
Suzuki PH exceeds industry expectations REFLECTIVE of last year’s strong market performance, Suzuki Philippines, Inc. (SPH) continued to impress the industry with yet another record-breaking growth. SPH posted strong sales for the first half of the year, achieving a 35 percent year-on-year increase on the back of effective brandbuilding efforts in numerous platforms, particularly in recent months. Continuous sales growth, successive openings of new dealerships in the country’s key cities and the launch of products designed to cater to
different emerging markets – all these contributed to the growth of the company during the first half of 2017. SPH General Manager for Automobile Shuzo Hoshikura expressed his gratitude to the company’s loyal customers, “The milestones we have accomplished over the years, especially that of satisfying the need of Filipinos through our quality and fuel-efficient compact cars, indeed bring us joy and fulfillment. This is why we are constantly innovating so we can continue to deliver more improvements in our
products and make Suzuki drivers happy,” he said. Subcompact sedan Ciaz continued to be a popular choice among Filipinos, with sales growing by more than 400 percent compared with the first half of 2016. The vehicle features a stylish exterior and a powerful motor that make drivers feel a connection with their car. Its fuel efficiency ensures car owners of getting their money’s worth and having a driving experience unlike any other. The Ciaz’s breakthrough
sales were complemented by the strong performance of other Suzuki best-sellers to boost overall sales. The 7-seater Ertiga and 4×4 Jimny models achieved 70 percent and 36 percent sales increase, respectively, over the first half of 2016. Packed with a spacious yet cozy interior, the Ertiga life-utility vehicle serves as a great companion for trips with family and friends. It features a three-row layout to accommodate up to seven people and has adjustable seat slides to further enhance the suzuki/PAGE 10
HARNESS PUPIL’S READING LEVEL By: MA. ROSARIO G. REYES South City Central School
One of the focused target a teacher wants to achieve is to look into the problems of the pupils reading level in English. An intensive inter vention should be given to address the needs of the pupils to harness their levels of reading. A number of interventions were instituted in class to help pupils improve their reading level using the
following strategies: drill on the basic sight words, service words, sentences a n d p a s s a g e s f or or a l reading and silent reading. For the basic sight words, the females mastered the words faster compared to the males that took only 7 days to master the 100 basic sight words. For the service words, it took them only 4 days, an indicative
of an i mprove me nt i n pupils’ reading proficiency because of the mastery of the basic sight words. The reading of phrases took the pupils only three days to perfectly read all the phrases. It took a day for the pupils to read the set of sentences with minimal errors. It is evident that when pupils have mastered
t he b asic sig ht words, service words and phrases, they are able to proficiently re ad s entences. In t he oral and silent reading of passages, it was disclosed that the percentage of pupils attained the independent level increased while a significant decreased in the percentage of pupils in the frustration level was found.
THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180
8 Aboitiz, partners help Marawi residents A Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
wednesday|august 2, 2017
boiti z P o w er and some electric c o o p e r at i v e s i n Mindanao turned over on July 26 food and water for about 400 families affected by the ongoing
armed conflict in Marawi. The relief packs containing rice, energ y biscuits, instant noodles, canned goods, and bottled water will be distributed to the beneficiary families, who
are employees of the Lanao Del Sur Electric Cooperative, Inc. (LASURECO), in the coming days by LASURECO. The relief packs w e re d e l i v e re d t o t h e National Electrification
AboitizPower First Vice President for Energy Trading and Sales Sandro A. Aboitiz (fourth from left) handing over the relief pack to NEA Deputy Admin Atty. Goldie Rivera (fifth from left), SUKELCO Board President and NCECCO National Chairman Mr. Akmad Mamalinta (sixth from left), and LASURECO General Manager Nordjiana Ducol (3rd from right) during the ceremonial turn over event in NEA Head Office in Manila on July 25, 2017 in the presence of NEA Administrator Edgardo R. Masongsong (2nd from right) and NEA Deputy Administrator for Technical Services Mr. Nikki Tortula (1st from right).
Administration (NEA) to the MORESCO-1 compound in Laguindingan, Misamis Oriental. The relief assistance is a joint project of AboitizPower, Aboitiz Foundation,NEA, National Center of Electric Cooperative Consumers (NCECCO), Rural Electric C o op e r at ive s B o ard of Directors Association of the Philippines (RECOBODA), Association of Mindanao Rural Electric Cooperatives, Inc. (AMRECO), and Misamis Oriental 1 Rural Electric Service Cooperative (MORESCO-1). During the ceremonial t u r n ov e r o f t h e re l i e f assistance on 25 July 2017, NEA Administrator Edgardo R. Masongsong thanked AboitizPower, represented by AboitizPower First Vice President for Energy Trading and Sales Sandro A. Aboitiz, and the entire Aboitiz group for the assistance.
Masongsong also emphasised the importance of having an institutionalized disaster response program to any calamity that may arise in the country. “Responsibility is one of t he Ab oit iz Group’s core values, and we will continue to be proactive in providing assistance to communities that are affected by calamities. We hope that the relief packs we are handing over today will help our kaibigans in LASURECO that have been affected by the conflict in
Marawi.” AboitizPower First Vice President for Energy Trading and Sales Sandro A. Aboitiz said. Als o pres ent dur ing the ceremonial turnover in Manila was National Chairman for NCECCO and Sultan Kudarat Electric Cooperative (SUKELCO) Board President Mr. Akmad Mamalinta. In May this year, Aboitiz Foundation donated Php4 million-peso worth of relief goods to residents in Marawi that are affected by the armed conflict.
Buhay OFW TV with Host Marissa Del Mar Celebrates 7 Years: Founds ATOM to fight Modern Day Slavery A media launch was held last July 18, 2017 at Golden Bay Restaurant, Pasay City to launch the oath taking event that will happen on October. As multi-awarded public service show, Buhay OFW which airs e ver y Saturday at 9:30 pm on Aksyon TV and Aksyon International, celebrates its 7th year anniversary, they take a significant leap forward by launching the project Anti Trafficking OFW Movement (ATOM) through the initiative of host and founder, Marissa del Mar. ATOM is as a step towards remedying the statistics of over 10 million Filipino men, women, and children subjected to sex trafficking and forced labor worldwide. Our OFW, in dire need to provide a better future for themselves and their families, constitute a large percentage of those already exploited or at risk of being exploited. This campaign recognizes the contribution of the OFW not only in the Philippine Economic Development but also in the promotion of safety among their fellow migrants. Although a term less estranged to many due to depictions in entertainment outlets such as Hollywood movies, human-trafficking is an ongoing hazard closer to home than most people expect and realize. UNDOC (United Nations Office on Drugs and Crime) recognizes trafficking in as simple a situation as the recruitment of a person for a false job within or across national borders with the intention to trap them into forced labor. More often, however, the deception
and abuse does not stop there. It leads to prostitution, sexual exploitation, slavery, and removal of organs. Some common destinations for victims are Hong Kong, Kuwait, Singapore, Qatar, China, Japan, United Arab Emirates, and Malaysia – places popular to the general public as tourist destinations. Ninoy Aquino International Airport and Mactan International Airport become exit points for workers expecting real jobs abroad only to be met instead with real threats. They are also smuggled and trafficked in ports in Ilocos Sur, Zamboanga del Sur, Davao del Sur, Misamis Oriental, Bicol, and Dagupan City with 30% transported by sea. These victims – a large number of whom originate from areas within Metro Manila and in the provinces of Laguna, Rizal, Pampanga, Cavite, Batangas, Cebu, Zamboanga, and Davao – are the same people who contribute to the Philippines 180 billion pesos in total remittance which lead to the amassing of foreign reserves and the rise of the national savings rate. They sacrifice t h e i r c om f or t , h e a lt h , marriages, children, and often their pride, to improve their recipient households and, in the process, the national economy. These are the people stripped of their human rights by predators operating under pretense of recruitment agencies and other aliases. Through the combined ef for ts of Bu hay OFW atom/PAGE 10
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AmBisyon Natin 2040:
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IN-DEPTH
Wednesday | August 2, 2017
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Ensuring the Blueprint for Development keeps on track L By Mike Baños
ast October 16, 2016, President Rodrigo Duterte signed Executive Order No. 5, series of 2016 (EO 5) approving and adopting the national long-term vision or AmBisyon Natin 2014 as a guide for development planning. AmBisyon Natin 2040 i s ar t i c u l ate d t hu s “By 2040, the Philippines is a prosperous middle-class society where no one is p o o r. Pe o p l e l i v e l o n g and healthy lives and are smart and innovative. The countr y is a hig h-tr ust s o c i e t y w h e re f a m i l i e s thrive in vibrant, culturally diverse, and resilient communities.” E O 5 f u r t h e r s t at e s that all development plans until 2040 will be anchored on the long-term vision and that these will emphasize the centrality of the Filipino people and call their aspirations in the planning, design, and imple me nt at i on of government intervention for a matatag, maginhawa, at panatag na buhay para sa lahat (strongly-rooted, comfortable, and secure life for all.) In order to ensure all Filipinos are on the same page and pulling in the same direction to attain that vision embodied in the Philippine Development Pl an (PDP) 2017-2022, t he Nat iona l E conomic Development Authority (NEDA), and all three main branches of government have put in guidelines and checklists to assist all and s u n d r y t h at o bj e c t i v e s are being attained in the t i m e l i n e s s e t f or t h e m under the PDP.
“ T h e r e i s a c h ap t e r on results matrix in the PDP which will assist i n t h e m on it or i n g an d evaluation of the various o b j e c t i v e s o f t h e P D P, performance of agencies, with the help of the results matrix. It is measureable, a n d d e l i v e r a b l e ,” s a i d Socioeconomic Planning S e c re t ar y and N E DA Director General Ernesto M. Per ni a at a press conference following the regional launch of the PDP and RDP last July 18 at a local hotel here. In the same press conference, NEDA10 Regional Director L e o n M . D a c a n a y, Jr. elab orated f ur t her t hat results matrices for this particular planning period had been introduced as part of the improvement in the process. “The matrix talks about measurable targets, and there are indicators that are assigned to specific agenc y implementers. L at e r o n t h e re w i l l b e reports coming from them given to us which we convert into an annual socio-economic report,” Dacanay said. At the regional level, he said there are also quarterly regional situationers by which improvements for certain types of indicators are monitored. “We also have a mid-
Socioeconomic Planning Secretary Dr. Ernesto M. Pernia and NEDA-X officials during the press conference after the expo.
term review during w h i c h i n d i c at e c e r t ai n changes necessar y for certain implementation bottlenecks. This could mean restructuring of certain government prog rams and p olicies, if necessar y. If there are legislative matters that are important, then we could refer them to Congress,” Dacanay added. Staying on the same page Pernia said he foresees the attainment of projected growth targets would be f ur t her b o oste d by t he Pre s i d e nt’s i ssu an c e of Executive Order No. 27, last June 1, 2017, directing all government agencies, and instrumentalities at t h e n at i on a l a n d l o c a l levels, including GOCCs,
to align their plans, prog rams and budgets, with the PDP. “This means that the national government and L G Us n e e d t o c l o s e l y work toget her, towards common go a ls,” Per ni a n ot e d . “ Wit h a l l t h e s e plans and programs aligned, and efficiently laid out, I am confident that Northern Mindanao will not only be the gateway, but also a leader in regional development in the countr y.” In addition to the results matrices and EO 27, there are two further recent de velopments at the national level which have been formulated as a response to closely monitor and ensure the
plan is implemented as presented to the president. Department clustering “One is the clustering of departments as a response to the need to accelerate some of t h e m a j o r p r o g r a m s ,” n o t e d Un d e r s e c r e t a r y Jos e Miguel del a R os a. “A n ot h e r i s t h e u s e of the Legislative-Executive D e vel opme nt Adv is or y Council (LEDAC) to be maximized to enable Congress and the President to have smoother relations.” T h e L E DAC i s t h e consultative and advisory b o d y t o t h e P r e s i d e nt which acts as head of the nat iona l e conomic and planning agency, and gives consultations regarding
certain programs and policies that are needed to meet the goals of the national economy. “Economic growth i s a f f e c t e d by a l o t o f external and internal factors,” Pernia cautioned. “Assu m i ng t hat f a c tors a n d c i rc u m s t a n c e s a re favorable, we are optimistic that we can achieve our objectives.” “Let us work together to make sure that the socioeconomic progress of each re g i on , c an s e am l e s s l y contribute, to a vibrant and self-sustaining, i n c l u s i v e d e v e l o p m e nt of the countr y. T he n and on ly t he n can the Filipino have a mat at ag, mag inhawa at panatag na buhay.
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Hurst... from page 4
power starts to set us free from being a prisoner to our selfish greed and dishonesty. So won’t you ask Jesus to forgive you for your wrong, self-centered heart? Then ask Him to start changing you, so you can enjoy the success and freedom of having Jesus’ character and life yourself, which is so much more than rules. Just Think a Minute…
Cargo... from page 6
For his par t, Davao Cit y C ounci lor D ani lo Dayanghirang, representing Mayor Inday Sara DuterteCarpio, noted that, “These direct routes are an answer to the growing need for greater inter-island connectivity around the country, and are reflective of the competitiveness and reliability of Cebu Pacific. The Philippines is becoming smaller because of Cebu Pacific. We look forward to more flights between cities around the country as we move towards a stronger Philippines.” The new routes will also result in expansion of the Cebu Pacific logistics footprint, CEB is the leading air cargo carrier in the region, transporting high-
value exports such as live prawns and tuna; agricultural products like mangoes, pomelos and mangosteen; as well as other food items from Davao. In 2016 alone, CEB carried over 19,000 tons of cargo from Davao. Its cargo facility in Davao is equipped with a one-tonner forklift, making the movement of heavy-cargo easier. “Additional routes also expand the CEB cargo service capability. This will mean faster and more efficient means for traders, exporters and entrepreneurs to move their products and raw materials; or for our overseas Filipinos to be able to send their packages back home easier. We are optimistic that the overall improvement in the CEB cargo logistics network in Mindanao will boost the local economy,” Lagamon said. From the Davao hub, Cebu Pacific has the most extensive domestic route network with over 140 flights weekly from Davao to Cebu, Bacolod, Cagayan de Oro, Iloilo, Zamboanga, Dumaguete, Tacloban and Manila. CEB also has a direct flight to Singapore twice a week from Davao. Early this month, CEB increases the frequency and capacity of its flights between Manila and Davao, upgrading the aircraft from the 180-seater Airbus
Uses of cell phone in education By IVIE T. NACASABOG Teacher I Lingating Elementary School
THE cel l phone, now t he most widely us ed platform in Asia, has major educational implications. Most users however do not realize the cell phone’s potential for education nor even for the communication functions for which it was originally designed. Most educators still see the computer and the cell phone as unrelated devices and the tiny cell phone more as a personal accessory especially for young people. With falling pr ices and incre asing functionality, however, it is virtually certain that not too far in the future, all of the world’s students will have a cell phone. This is sufficient reason and motivation for educators to explore the possibility of making the cell phone an important tool in the RA 9048
educational systems of developed and developing countries. Discussion of mobile learning via telephony has shifted from theoretical issues to actual project implementation. Mobile learning fulfills functions that other educational methods cannot fulfill. It empowers and engages the learner. The learner is more comfortable engaging in discussions of private and personal topics using a mobile device than via traditional educational methods. Mobile learning methods are best used as part of a blended learning strategy. Mobile devices are most effective when combined with group activities, paperbased materials, other ICTs and traditional educational activities.
Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar NOTICE OF PUBLICATION
In compliance with Section 5 of R.A. No. 9048, a notice is hereby served to the public that FELECIANA CASANES DUMDUM has filed with this office a petition for Change of First Name from “PILY CASANES” to “FELECIANA CASANES“ in the birth certificate of PILY CASANES who was born on MARCH 31, 1955 at KAPATAGAN, LANAO DEL NORTE and whose parents are FELIX CASANES and LOLITA BORONG. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days. (SGD.) IVY REYES TONGCO Municipal Civil Registrar BWM: August 2 & 9, 2017
A320 to a 436-seater A330. CEB also added two daily flights to and from Manila, bringing frequency to four times daily, or 28 weekly flights.
FitFil...
from page 6 have already answered the call and made their pledges to FitFil. Individuals, squads, corporations, and even cities are encouraged to join and work together towards a healthier and fitter lifestyle. Registration is free and on-going until December 5, 2017, at www.fitfil.ph. Interested participants can also visit selected outlets of official weigh-in partner Robinsons Supermarket every Saturday to register. After their final weigh-in, participants can avail of a reward if they achieve their wellness goal. Be part of the biggest national weight loss challenge in the country and join the FitFil 1 Million Pounds National Weight Loss Challenge! For more information, visit www. fitfil.ph or inquire at select Robinsons Supermarket outlets.
Inflation... from page 5
in the sixth month this year but higher than year-ago’s 2.7 percent. Beltran also projects deceleration of power costs after a year-on-year drop on the per kilowatt hour (kWh) rate of those consuming 200 kilowatts per month to PHP8.25 from PHP8.61. He projects these factors to further boost domestic expansion. “C ont i nu i ng b e n i g n inflation will enable the economy to sustain rapid economic growth and hurdle volatilities in the world economy with relative ease,” he added. (Joann Santiago/ PNA)
ATOM... from page 8
Foundation, San Miguel Corporation, Volunteers Against Crime and Corruption (VACC), National Real Estate Association (NREA), Sterling Group of Companies, Management Association of the Philippines (MAP), Philippine Chamber of Commerce and Industry (PCCI), Philippine Chinese C har it able Ass o ci at i on (PCCA), Zonta Club of Makati Central Business District, Philippine Chinese Chamber of Commerce and Industry Inc. (PCCCII), together also with our media partners Aksyon TV, ANC, Light Network Channel, Malaya Business Insight, these facts become the foundation on which change begins. The meaningful oath taking will take place on October 23, Monday at the Diamond Hotel, Manila. AT O M c h a l l e n g e s Filipinos here and abroad to raise awareness, strengthen camaraderie, and therefore reduce – in hopes of someday eliminating – this threat to our OFW altogether. Sources: news.abs-cbn.com/global-filipino/02/20/15/ofwscontributions-ph-economycited-forum/ For more information and partnership, please contact Veronica Ramos at 09278484533 or Mari De Los Santos at 834-9673 of Buhay OFW TV
Suzuki... from page 7
riding experience. Meanwhile, the Suzuki Jimny remains a consistent market favorite. With its real 4×4 capabilities, drivers easily maneuver the Jimny no matter the terrain or weather condition. With these new dealerships, SPH is poised to finish strong by the end of the year.
United States looking for Filipino teachers By MARY JOY M. SACOSO Teacher I Lingating Elementary School
APPARENTLY, the United States public school system is hiring licensed teachers from the Philippines to quash its shortage. Clark County School District in Nevada recently hired more than 80 Sped teachers from the Philippines. The Las Vegas district isn’t alone in turning to the island nation to fill openings particularly in shortage areas like special education. Schools districts from LA to New York City have for decades recruited F i l ipi n o t e a ch e r s . In Arizona for instance, some schools have turned to the Philippines this school year to fill open positions for lack of applicants. Because of the wide peso to dollar gap and because of the wide disparity between cost of living here and in the United States, what
appears to be high salary for Filipino schoolteachers is deemed as low pay for the Americans thus there were no takers. The Sacramento Bee also reported that its unified school district hired 12 Sped teachers from the Philippines last school year and seven more this y ear. In fact, the public school district representatives will travel themselves to the Philippines to conduct interviews. In April, it was the Las Vegas district’s turn. A week before that, the Texas team came. And a week after, the California school district headhunters came to visit. Las Vegas ended up hiring 81 Sped teachers. I know some of my colleagues are interested to apply as well. May luck be on your side.
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wednesday|august 2, 2017
Tax...
from page 1
into fruition. At the executive level, the NEA chief emphasized that they are trying to secure a legal opinion from the Department of Justice (DOJ), primarily with a tenor that “the same law could be applied to power coops under the NEA management.” Masongsong is at least hoping that they could get a “favorable opinion” that shall then declare NEAsupervised electric coops be similarly bestowed “taxexempt” treatment. On the sphere of legislation, he emphasized that discussions have been ongoing with the Committees of Energy of both Houses; and such go along with the backing of the Departments of Energy and Finance. Masongsong asserted that while the NEA Charter provides for “preferential rights” that must be extended to the ECs, his inclination is for this to be done by giving them tax exemptions. As a matter of priority, NEA s ets t he grant of incentives in favor of ECs that are managed effectively and efficiently and comply consistently with its mandates and directives. NEA has been pushing boundaries for the country’s ECs to improve their technical and financial performances so they could extend better services to Filipino consumers.
Warns... from page 1
contribute to humanitarian efforts in Mindanao.” The statement added that Mega Harbour was “particularly” surprised about the statement that the mayor released on July 25 announcing the termination of the joint venture agreement (JVA) between the company and the city government. “If we are to believe the press statement released by your office, the reason for your unilateral and arbitrary decision to terminate the JVA was borne out of ‘weighing out the intentions of the project against its commercial viability, legal and social implications, and the project’s p ossible ef fects on the environment,’” Mr. Songco told the mayor in his letter. The JVA was signed in June 2016 by President Rodrigo R. Duterte, who was then mayor of the city. Ms. Carpio, daughter of Mr. Duterte, made the public announcement of the JVA termination a day after the President’s second State of the Nation Address, which she attended. The company pointed out that Ms. Carpio “has not been directly involved or (not been) comprehensively briefed on the project not only by Mega Harbour. (She) should have joined the briefing with the NEDA (National Economic and Development Authority) Regional Infrastructure Development Committee and the Davao City Council,” said Mr. Songco in his letter.
NEDA SUPPORT Meanwhile, NEDA-Davao Region Director Ma. Lourdes D. Lim has expressed support for Ms. Carpio’s move. “We trust the wisdom of Mayor Sara... as the leader of the city, her vision is not only limited up to 2019, but beyond her term,” said Ms. Lim, who is also the vicechairperson of the Davao R e g i on a l D e ve l opm e nt Council. “We also have to look at the Comprehensive Land Use Plan of the city to understand the ramifications... what would change in the landscape, in the seascape, and the effects would not only be for Davao City. It will be shared by Davao Region as far as the municipalities along the Davao Gulf,” she added. Ms. Lim also noted that “it’s an unsolicited proposal, to begin with.” The project, notwithstanding the JVA, would have been subject to the approval of the NEDA Board and the Philippine Reclamation Authority. “We hope investors will continue to consider Davao City and the Davao Region as preferred area of investment, but we also have to look at other considerations, the timing of the investment should be anchored on the prevailing and the future conditions,” Ms. Lim said. The mayor’s office said Ms. Carpio is expected to call a news conference today, July 31, to further talk about her decision.
Deploys...
from page 1 Dayanghirang. The Dumaguete local government contingent took the maiden flight from Dumaguete to Davao. “My hats off to Cebu Pacific for being the pioneer in Dumaguete; for coming in during the time when no other airline would fly to what was considered then a missionary route,” said Dumaguete Mayor Fe l ip e A nt on i o Remollo. “The new DavaoDumaguete route will usher in more flights and improve connectivity. It will increase economic development, extending beyond Negros Oriental to nearby Siquijor; and link Davaoeños and Dumagueteños closer. The Dumaguete City Council will work with our Davao counter p ar t to forge a partnership between our cities for tourism development.” “These direct routes are an answer to the growing need for greater inter-island connectivity around the country, and are reflective of t he comp et it iveness and reliability of C ebu Pacific,” noted Councilor Dayanghirang “The Philippines is becoming smaller because of Cebu Pacific. We look forward to more flights between cities around the country as we move towards a stronger Philippines.” CEB is the leading air cargo carrier in the region, transporting high-value exports such as live prawns
an d tu n a ; a g r i c u ltu r a l products like mangoes, pomelos and mangosteen; as well as other food items from Davao. In 2016 alone, CEB carried over 19,000 tons of cargo from Davao. Its cargo facility in Davao is equipped with a one-tonner forklift, making the movement of heavy-cargo easier. “Additional routes also expand the CEB cargo service capability. This will mean faster and more efficient means for traders, exporters and entrepreneurs to move their products and raw materials; or for our overseas Filipinos to be able to send their packages back home easier. We are optimistic that the overall improvement in the CEB cargo logistics network in Mindanao will boost the local economy,” Lagamon stressed. From the Davao hub, Cebu Pacific has the most extensive domestic route network with over 140 flights weekly from Davao to Cebu, Bacolod, Cagayan de Oro, Iloilo, Zamboanga, Dumaguete, Tacloban and Manila, plus a direct flight to Singapore twice a week. As of July 2017, CEB has 894 flights per week to and from Mindanao and has ferried over 6.2 million passengers carried since 2013, garnering a 65% capacity share of Mindanao market. From its Mindanao hub in Davao alone, CEB has carried 2,093 guests with a passenger load factor of 82% with 148 weekly flights from 2013 to 2016. Last July, CEB increased the frequency and capacity of its flights between Manila and Davao, upgrading the 180-seater Airbus A320 to
its 436-seater A330. CEB also added two daily flights to and from Manila, bringing frequency to four times daily, or 28 weekly flights. Earlier, CEB flights from Manila to Cauayan, Legazpi and Virac, and vice versa, were upgraded starting July 4, 2017 to the 180-seater Airbus A320, translating to over 130% more capacity or about 102 additional seats, from the 78-seater ATR 72600 formerly serving the three routes. CEB is the only carrier with a regular, commercial air service to Cauayan, Isabela and Virac, Catanduanes. The ATR aircraft from these three routes are now deployed in five new interisland routes by Cebgo: Cebu-Masbate; Cagayan de Oro-Zamboanga; DavaoDumaguete; Davao-Tacloban; and Cotabato-Zamboanga which started operations last July 27, 2017. On top of the aircraft upgrade from ATR to Airbus jet service, CEB also hiked the frequency of some flights between Manila, the Visayas and Mindanao starting July 4, 2017. From 55 flights weekly, 10 more flights are now serving Manila -Iloilo; and six monre on the Manila-Bacolod route s, bringing the total to 54 a week. The additional flights to and from Iloilo and Bacolod would bring CEB’s capacity to over 5,700 seats. In Mi n d an a o, e i g ht additional weekly flights are now operating between Manila and Cagayan de Oro, bringing the current 55 trips per week to 63. That will translate to over 2,800 more seats for flights to and from Manila and Northern Mindanao.
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City IN THE MA FTFR OF THE DECLARATION OF THE LEGAL HEIRS OF THE LATE DIONESIO CABRERA AND LAURITA CABRERA,
SPECIAL PROCEEDING CASE TC-2017-003
GLORIA CABRERA BENORE, TITO C. CABRERA, LUCIA CABRERACALOG and ANITA CABRERALOYOLOYO, Petitioners. /-----------------------------------------------/ NOTICE OF HEARING WHEREAS, after alleging certain facts in a verified petition filed on July 04, 2017, petitioner prayed that after notice, publication and hearing, an order be issued declaring as the sole legal heirs of the late spouses Dionesio Cabrera and Laurita Cabrera the following persons: “GLORIA CABRERA BENORE, TITO C. CABRERA, LUCIA CABRERA- CALOG and ANITA CABRERA- LOYOLOYO”. WHEREFORE. finding the petition in due form and substance, the hearing of the same is hereby set On September 01, 2017 at 8:30 o’ clock in the morning, at the Session Hall of this Honorable Court, at which date, time and place, any concerned and interested person may appear and show cause, if any, why said petition shall not be granted. The Sheriff of this Honorable Court is hereby ordered to post copies of this Notice in three (3) conspicuous places, preferably in the Bulletin Board of this Court, the City Hall of Tangub City, and the Barangay Hall of Sta. Maria, Tangub City, Mis. Occ. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition arid notice be furnished the petitioner, the Office of the Solicitor General, and the Local Civil Registrar of Tangub City. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON, Presiding/Executive Judge, this 14th day of July 2017. (SGD.) ATTY. MARCELINO D. NATIVIDAD, JR. Clerk of Court-IV BWM: July 19, 26 & Aug. 2, 2017
Road... from page 2
is the concreting of the 12-k i lometer ro ad t hat will connect the villages of Culian and Sanghay towards the junction of the national highway in Badas, Mati City. The project has a total allocation of PHP245.6 million from the Department of Interior and Local Government, the provincial government said. The third road project is the 5.40-kilometer road that will connect Barangays Lubudon, Longcacob and Sanghay in Mati City to the national highway. The project, with a total cost of PHP98.3 million, will be implemented under the Conditional matching Grant to Provinces (CMGP) pro g r am an d t h e 2 0 1 6 Kalsada Program of the DILG. Davao Oriental is set to provide 30 percent funding counterpart for the projects, the provincial government said. “Davao Oriental was able to avail huge funding from the agency because of its good track record in the implementation of the Kalsada Program and for p assing t he S e al of Good Local Governance. The two are considered crucial preconditions for a province to tap funds f rom t he age nc y,” s ai d DILG provincial director Yvette Sunga in the same statement. “Enhanced connectivity can pave way for economic opportunities and more developments,” D ay a n g h i r a n g s a i d , a s he emphasized that his
administration will focus on the implementation of the three road projects. Dayanghirang added that roads can also make the significant impact in the peace and development efforts of the province. (Alexander Lopez/PNA)
Cimagala... from page 4
We have to strive to be real contemplatives in the middle of the world, able to see God in everything. We may have to use some human devices to remind us continually of God’s presence and will. But we should also undertake a continuing plan of prayer, sacrifices, study of the doctrine of our faith, development of virtues, recourse to the sacraments. All these help in making us attentive and docile to God’s will. These days, there is a great need for us to know and do God’s will, otherwise, we would be building our own tower of Babel. roycimagala@gmail.com. EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND
Notice is hereby given that the intestate estate TERESITA P. NALIPONGUIT, died intestate leaving a MOTORELA with motorcycle, YAMAHA, series STX125, Motor No. 34C1009781, Chassis No. 34C1009781,Plate No. QJ-4738, Color RED, MV File No. 1036-00000116753, CR# 7659289-1, OR#1034792183; TERESITA P. NALIPONGUIT is the subject EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE; is made and entered into EMMANUEL E. NALIPONGUIT, widower, both of legal age, Filipino and resident of Consolacion, Cagayan de Oro City, hereinafter referred to as the HEIR-VENDOR; WELLA N. GOMEZ, of legal age, married, Filipino and a resident of Consolacion, Cagayan de Oro City, hereinafter referred to as the HEIR-VENDEE; That we, the herein-above named HEIRVENDORS, for and in consideration of the sum of FIFTY THOUSAND (P50,000.00) PESOS, Phil. Currency, to the HEIR-VENDORS in hand counted and paid by the VENDEE her heirs, assigns, executors or administrators, the herein-above described MOTORELA with Motorcycle, together with accessories found thereon, and free from lien and/ or encumbrances, whatsoever. Under Notary Public of ATTY. EMMANUEL A. AKUT, As per Doc. No. 405; Page No. 98; Book No. 160; Series of 2017.
Notice is hereby given that deceased SPS. JOSEFINA SERIÑA, who died on JUNE 3, 2003 and PATERNO CAINGIN, who died on JANUARY 19, 1983, both died at BARRA OPOL, MISAMIS ORIENTAL; That the said deceased, at the time of their death, left a Parcel of Land situated in IPONAN, CAGAYAN DE ORO CITY; TRANSFER CERTIFICATE OF TITLE NO. T-19984; containing an area of TWO HUNDRED EIGHTY ONE (281) SQUARE METERS, more or less; That the buyer buy only a portion of Eighty (80) square meters, more or less; The legal heirs or sole heirs of the deceased, SPS. JOSEFINA SERIÑA is the subject of Extra-Judicial settlement with a Deed of Absolute sale of a Parcel of Land; is made and entered; LORNA CAINGIN MILA, of legal age, Filipino citizen, married, with postal address at Zone 7, Barra Opol, Misamis Oriental; EDGAR SERIÑA CAINGIN, of legal age, Filipinon citizen, married, with postal address at Zone 7, Barra Opol, Misamis Oriental; RONNIE SERIÑA CAINGIN AND NAOMI CAINGIN LITANON, both of legal age, Filipino citizens, both married, with postal address at Zone 5, Barra Opol, Misamis Oriental, hereinafter referred to as the HEIRS/SELLERS/VENDOR; and SHEENA BELLE B. LIÑAN, likewise of legal age, Filipino citizen, single, with residence and postal address at Zone 5, Barra Opol, Misamis Oriental, hereinafter referred to as the BUYER/VENDEE; That for and in consideration of the sum of ONE HUNDRED SIXTY THOUSAND PESOS ONLY (Php 160,000.00) Philippine Currency, receipt of said amount is hereby acknowledge by the SELLER/VENDOR after the amount is paid in hand by the BUYER/S or VENDEE/S the SELLER/S or VENDER/S hereby SELL, CEDE, TRANSFER and CONVEY the above-described properties ONLY A PORTION OF EIGHTY (80) SQUARE METERS, MORE OR LESS in favor of the BUYER/S or VENDEE/S his/her/ heirs, assigns or successors-ininterest, free from any liens and encumbrances, free from any thirdparty claimant whomsoever and the same is non-tenanted; Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 418; Page No. 83; Book No. XIII; Series of 2017.
BWM: Aug. 2, 9 & 16, 2017
BWM: July 19, 26 & Aug. 2, 2017
EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE
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wednesday|august 2, 2017