BusinessWeek Mindanao (August 4, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 25

Market Indicators

As of 5:30 pm August 3, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.27

7,876.66

12

X X Briefly

cents

4.01

points

Price monitoring THE Department of Trade and Industry (DTI) vows to strengthen its price monitoring in Mindanao as the 60-day price freeze under the declaration of martial law has expired.

In a press briefing after a meeting of National Price Coordinating Council (NPCC) Tuesday, DTI Secretary Ramon Lopez said price freeze could not be extended to more than 60 days under the Price Act. This is despite extension of martial law in Mindanao until end of 2017.

Lopez added that the NPCC would also not recommend setting price ceiling of goods in Mindanao, even as the government initially eyed to set one after the price freeze was lifted.

Agripreneurs DAVAO City -- The Department of Agriculture (DA), in partnership with Philippine Center for Entrepreneurship (PCE)Negosyo, has urged farmers in Davao Region to become agripreneurs through participation in a coaching and mentoring program for Agriculture, dubbed as Kapatid Agri Mentoring Program (KAMP) .

GO-Negosyo, a pilot project of Department of Trade and Industry (DTI), sealed its partnership with DA for this year’s KAMP implementation.

Kapatid Mentor Me is a 12-week coaching session for micro and small entrepreneurs. Mentees for the program will be selected from farmers’ cooperatives by the respective officials of DA.

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By DIGNA D. BANZON, PNA

AVAO City -- The Philippine Rural Development Project (PRDP) reported a huge demand of infrastructure in Mindanao especially the construction and improvement of farm-to-market roads to help farmers market their products.

Sherwin Manual, the head of the Information Unit PRDP Mindanao, said many farmers in Mindanao are still facing difficulty on road access, using traditional mode of transporting their produce like using horses.

Manual said that the country still needs to pave an estimated 1,700 kilometers road network.

FISH FEEDING FRENZY. A fish feeding ritual witnessed by tourists is done at the lagoon of the Enchanted River in Hinatuan, Surigao del Sur. Everyday at exactly 12:00 noon, resort workers perform the ritual while a short story is told accompanied by a local song about the town and majestic river of the south.” photo by jun ayensa

Davao City airport expansion up D AVA O City -The Department of Transp or tation (D OTr) through the Civil Aviation Authority of the Philippines (Caap)), is set to implement the expansion of the Francisco Bangoy International Airport or the Davao International Airport (DIA) in Davao City.

This was revealed We d n e s d a y b y C a a p Davao City area manager Agnes Udang, saying that the expansion will address the increasing number of

travelers from Davao City.

“Definitely we will expand.

This is because we noticed that there is an increase of total number of passengers h e re a s c omp a re d t h e previous years,” she said in an interview.

According to Udang, the expansion will include an additional bay to accommodate one boarding bridge.

The planned expansion would address the clamor for a bigger airport terminal

by t he tou r is m s e c tor.

The tourism and business sector even clamored for the creation of the Davao International Airport Authority.

Davao City Tourism Operations Office head Generose Tecson earlier said that the improvement and rehabilitation of the Davao airport will be more imme diate once D avao International Airport Authority will be established. expansion/PAGE 11

According to the standard set by the Department of Public Works and Highways ( DP W H ) , 0 p av i ng one kilometer road requires a funding of P10 million.

T h is d o e s not i nclu d e embankment.

Manual said PRDP is working on securing more funds to improve access roads demand/PAGE 11

PRDP allots P212-M for small enterprises

By ANTONIO L. COLINA IV, MindaNews

DAVAO C i t y - - T h e Philippine Rural Development Project (PRDP) said it has earmarked some P212 million for enterprise development that can be accessed by farmers and fisherfolks until next year.

PRDP-Mind anao information unit head S h e r w i n Manu a l t o l d reporters Wednesday that their Investments in Rural Enterprise and Agriculture and Fisheries Productivity

(I-REAP) targets a total of 116,000 farmers nationwide, and 15,000 of them will be in Mindanao.

He said they have so far approved a total of 73 enter prise projects worth P184.2 million, and implemented 8 projects so far.

One of the PRDP’s enterprise program beneficiaries is Cacao grower Sub ast a Mu lt ipu r p o s e Cooperative (SMPC) in allots/PAGE 11

ASELCO to light up 11K homes in far-flung Agusan Sur villages

By CHRIS V. PANGANIBAN, Contributing Editor

SAN FRANCISCO, Agusan del Sur — At least 11, 550 households in the far-flung areas of this province will finally enjoy the benefits of electricity in their homes after many years of deprivation.

Lighting up the homes in the

hinterland communities was made possible after Agusan del Sur Electric Cooperative (ASELCO) received some P43.3 million budget allocation from the Department of Energy to implement the National aselco/PAGE 11

Officials from various key offices in the power industry (DOE, NEA, Electric Cooperatives) take a pose signalling the commencement of NIHE Implementation nationwide. photo source: wazzuppilipinas.com

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Economy 2 Tourism officials, bizmen bullish over AirAsia plans D Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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AVAO City -- Tourism stakeholders and businessmen are hopeful over the proposed expansion of regional budget airline AirAsia to Davao City.

Department of TourismXI regional director Robbie Alabado said it would be advantageous for Davao

to have direct flights from international destinations, as it will make the city accessible to more tourists.

Currently the Davao to Singapore route serviced

by Silkair is the only direct international connection in the airport.

AirAsia according to

Alabado is also planning of building a new terminal in the Davao International Airport as it plans to make DIA as its hub. Earlier AirAsia CEO Tony Fernandes on his visit to Davao has announced the opening of a Davao to Kuala Lumpur direct flight starting December 21, 2017 he also

bared of planned connections to 10 cities in the region.

Antonio dela Cruz, chair of the Davao City Chamber of Commerce and Industry Inc (DCCCII) said the planned routes will depend on the turnout of the the KL-Davao route.

He is hopeful that AirAsia

will do something about their plans citing the airline company’s project the Kuala Lumpur International Airport 2 which they made into a regional hub without cost incurred by the Malaysian government.

In his speech at the Davao Investment Conference last

July 21, Fernandes cited the airport of Bandung in Indonesia, which was a sleepy airport before Air Asia established direct international flights. The city is currently a vibrant tourism destination with 23 international flights bringing in 10-million foreign tourists. (PIA/RG Alama)

Local industrial demand pushed cassava production in ARMM up M A R AW I C i t y – T h e Department of Agriculture and Food in the Autonomous Region in Muslim Mindanao (DAF-ARMM) said cassava production in the region continues to grow due to domestic industrial demand.

Dr. Albert Usman, DAFFARMM cassava coordinator, said the provinces of Lanao

Del Sur and Maguindanao are the top cassava producers in the region.

Cassava harvested in the two provinces are sold mainly for industrial consumption while production in Basilan and Tawi-Tawi are generally used for food.

Usman s aid c ass ava is considered a crop with

high economic potential that can have a significant contribution to the region’s agricultural output.

Cassava is regarded as the third most important food crop in the tropics, after rice and corn. Valued by smallscale farmers for its tolerance to drought and infertile soil, the crop is essentially eco-

efficient.

Usman also said that DAF-ARMM, through its Gender and Development (GAD) unit, has conducted a series of training sessions on cassava food processing in Talayan, Guindulungan and Sultan Mastura, towns in Maguindanao.

Such training could

e x p an d t h e l ive l i h o o d opportunities for residents in rural communities and at the same time boost the production of the crop in the region. The training focused on improving the lives of less-favored sectors of the rural population by means of utilizing available farm crops, like cassava, which

is abundant in the region’s agricultural areas.

Participants of the training were taught how to make cassava cake, cassava jelly, cassava puto taktak, and other cassava-based products and delicacies. The program also catered to the needs of the farmers such as giving cassava/PAGE 11

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Senator Grace Poe (3rd from right) watch the presentation of the LTFRB during a public hearing on franchises rules on ride-sharing services such as Grab and Uber . The also discussed a proposal to establish the Taxi Passenger Bill of Rights. Also in photo are Senators Shewin Gatchalian, Paolo Benigno “Bam” Aquino IV, Joseph Victor Ejercito and Joel Villanueva on Thursday ( August 3, 2017) (PNA photo by Avito C. Dalan)

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Mitsubishi begins Mirage hatchback production in PH MITSUBISHI Motors Philippines Corp. (MMPC) has kicked off the mass production of Mirage hatchback in the Philippines.

MMPC outgoing president and chief executive officer Yoshiaki Kato led the unveiling of the first Philippine-made Mirage hatchback Thursday evening at the Solaire Resort and Casino in Parañaque City.

Mirage hatchback is part of the Comprehensive Automotive Resurgence Strategy (CARS) program of the government, in which M M P C i nv e s t e d s o m e PHP4.3 billion to locally produce Mirage G4 sedan and hatchback.

Last February, MMPC presented the first locally made Mirage G4 sedan to President Rodrigo Duterte.

The Philippines is an addit iona l hub for t he Japanese carmaker for Mirage manufacturing aside from Thailand.

According to MMPC, the local production of Mirage benefits 31 local businesses that are supplying 255 parts

HOTELS & RESORTS 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

for the car.

I n a n i n t e r v i e w, MMPC first vice president for m a r k e t i n g Froi l a n Dytianquin told reporters that the company targets to produce around 21,000 units of Mirage in its Sta.Rosa, Laguna plant for this year.

The number is half of the total target production of 42,000 units for this year.

As i de f rom Mi r age, MMPC is still manufacturing L300 and Adventure models.

Dytianquin said MMPC’s

Laguna plant will focus on producing Mirage G4 and hatchback as the firm will phase out the assembly of L300 and Adventure by October this year.

MMPC eyes 45,000 locally manufactured Mirage next year, the executive said.

Moreover, Dytianquin said that MMPC has yet to feel the benefit of cost of local production of Mirage.

“We have not yet felt the benefit of the localization, being done locally made

because we’re still in the first stage of the localization. So the first stage, there’s still a few local component,” he explained.

“But on the second stage, that would be probably where there will be changes already because the second stage will involve already stamping of the metal parts. We are set to have the stamping plant open next year that will contribute probably on some savings,” Dytianquin added. (KMC/ PNA)

contribution to AEV decreased by 2 percent YoY, from P7.7 billion to P7.5 billion as one-off losses brought AboitizPower’s net income for the first half of 2017 to P9.7 billion, 2 percent lower YoY. Un i o n B a n k o f t h e Ph i l ippi ne s’ i nc ome contribution to AEV i nc re as e d by 9 p erc ent YoY, from P1.9 billion to P2.1 billion as it recorded a net income of P4.3 billion for the first half of 2017, 8 percent higher compared to the P4.0 billion earned for the same period last year.

A E V ’s 1 0 0 % - o w n e d food subsidiaries’ (Pilmico Foods Corporation, Pilmico Animal Nutrition Corporation and Pilmico International Pte. Limited) income contribution for the first half of 2017 decreased by 19 percent from P885 million to P717 million.

Feeds Philippines and Flour reported a drop in net income contributions largely driven by higher raw material (RM) and operating costs. On the other hand, Feeds Vietnam and Farms showed remarkable improvements in net income.

A E V ’s r e a l e s t a t e s e g m e nt c o mp r i s e d o f wholly-owned AboitizLand an d ot h e r 1 0 0 p e rc e nt and majority-owned subsidiaries, registered a net income of P202 million, 138 percent h i g h e r t h an l a s t ye ar’s P85 million.

T h e i n c re a s e i n n e t income was mainly attributable to higher sales booked by the industrial business unit, and improved sales and construction progress by the residential business unit.

From the infrastructure group, Republic Cement

and Building Materials, Inc.’s income contribution to AEV decreased by 43 percent YoY from P869 million to P494 million.

Cement demand slowdown was experienced in the first half of 2017, as compared to the same period last year when there was strong demand due to the election season.

Aboitiz Power C o r p o r a t i o n (AboitizPower) suffered from a non-recurring losses in the first six m o n t h s o f t h e y e a r, resulting to a lower income of P9.7 billion year-onyear.

In a separate filing with t h e P SE , Ab oit i z Powe r attributed the 2 percent decrease in its to a nonrecurring losses of P744 million (versus last year’s gain of P130 million) from foreign exchange losses on the revaluation of dollardenominated liabilities.

SaveMore set to open more stores in Mindanao this year DAVAO City -- A Filipinoowned supermarket chain is opening more stores in Mindanao by the end 0f the year.

SaveMore, known to provide supermarket convenience, will open two stores in addition to eight existing stores located in Davao City, Tagum, General

When you’re in Davao City, Read:

DIRECTORIES

Aboitiz Group posts modest profit Aboitiz Equity Ventures, Inc., the investment arm o f t h e Ab o i t i z G r o u p, managed to grow profits by 2 percent to P10.3 billion in the first half of 2017 f rom t h e P 1 0 . 5 bi l l i on earned in the same period last year despite the weight of non-recurring losses.

In a disclosure to the Philippine Stock Exchange, AEV said it recognized non-recurring losses of P495 million (versus last year’s gain of P100 million) coming from forex losses from the revaluation of dollar denominated loans.

Without the one-offs, AEV ’s core net income increased 3 percent yearon-year from P10.4 billion to P10.8 billion. AEV r e c o r d e d a 1 4 p e r c e nt increase in consolidated E BI T DA , f rom P 2 2 . 8 billion to P26.0 billion.

Subsidi ar y Ab oit iz P o w e r C o r p o r a t i o n’s (Ab oit izPower) income

3

CorporateWorld

Santos, Cotabato City and Cagayan de Oro. These two stores will be located in Tacurong and Koronadal.

Nationwide, SaveMore has 170 stores.

Jojo Tagbo, president o f S a n f o r d Ma r k e t i n g Corporation, said Tacurong and Koronadal have been chosen “because these are

booming areas.”

Tagbo said Mindanao has the biggest growth in double digit. “I think there is a magnet for Mindanao because when we opened in Tagum City this year we are again eyeing for additional new stores,” he said.

Tagbo said Tacurong SaveMore is a stand-alone

store while Koronadal store will operate inside the Citymall.

Normally, he said a standalone store’s capital expense is pegged PHP200 million including property and the structure while stores inside malls have total capitalization expense of P100 million.

(Digna D. Banzon/PNA)

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 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

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

4

Opinion

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Procedurally Illegal

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

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Wearing Masks think a minute

jhan tiafau hurst T h i n k a m i nute… Have you ever pretended to be s om e t h i n g you’re n ot ?

Maybe you did it to impress or please somebody. But the longer we act like someone we’re not, the better we get at it. We can even get so good at it that we actually fool ourselves and forget who we really are! It’s sad that the more we hide our real self the more lonely and unsure of ourselves we become.

W h at m a s k d o y o u s omet imes we ar? What kind of p ers on do you pretend to be? Do you act strong and tough, so people won’t know that inside you sometimes feel weak, even afraid? Or do you wear the mask that says you’re a good religious person, even though in your heart you know you’re dishonest

and sometimes lie or cheat other people of their money.

Maybe you wear the funny joker and life-of-the-party mask. You feel like you always need to make a joke of everything so others will laugh and not know how lonely and unhappy you really are inside.

There are many people who get drunk or take drugs because they’re tired of wearing their mask. And it’s only after some drugs or drinks that they feel free to take their mask off and stop acting like something they’re not. Some of them are actually desperate and lonely. They’re looking for real love and acceptance, in spite of the bad things they’ve done and who they really are inside.

But it doesn’t matter what you’ve done, you can never shock Jesus Christ. With Him you can be your real self. The person you really are under your mask. Real Christians will love and accept you, even though they may not approve of everything you do. They won’t be shocked by anything you’ve done because some of them used to do those things too, before Jesus forgave them and gave them hurst/PAGE 10

Ruffy magbanua A VOLUNTEER watchdog in the campaign against corruption in government has called for a senate inquiry on the reported irregularities spawned by the conjugal greed of the Energy Regulatory Commission and the National Grid Corporation of the Philippines.

The complaint stemmed from the ERC approval on

the rate application of the NGCP Malita-Matanao 230 KV transmission line project which was earlier classified as connection asset.

But for obviously selfish reason, it became a transmission asset, a maneuver done procedurally illegal at the expense of Mindanao power consumers.

The g roup, ca l le d t he Cr us ade for Cle an G ov e r n m e nt , f e lt t h at the power consumers in Mindanao has been shortc h a n g e d a n d u nj u s t l y victimized of corrupt practices in the power transmission projects implemented by NGCP. Correspondingly, NGCP filed the rate application with the insertion of the 50 MVA step-down transformer with the intention to recover and

collect a staggering Php2.3 billion in transmission charges from the Mindanao power consumers.

The Crusade for Clean Government also found out that for the third regulatory period, the NGCP, as part of its amended transmission development plan, had acted on bad faith and openly abused its discretion by integrating the Malita-Matanao 230 Kv transmission line project which was originally a connection asset but was diverted into a transmission facility.

The complaint, filed July 17, 2017 to both Speaker of the House and Senate President, copy furnished Malacanang, had branded the conduct unbecoming of NGCP, with prejudice to the best interest of the power

consumers in Mindanao.

Instead of an ERC service ag re e me nt , NG C P ha d maneuvered intentionally with the objective to recover the CAPEX and revenue requirement of the project by filing the rate application.

NGCP’s filing of the rate application further violated the rules of practice and procedure of the ERC with utmost disregard on the submission of ultimate facts at hand.

The complaint further states of the grave abuse of discretion of the ERC by extending preferential accommo dation to San Miguel Consolidated Power Corporation on the implementation of the MalitaMatanao 230 Kv transmission line project resulting to fraud, hotline/PAGE 10

Child kidnapping in RP is real, gov’t helpless Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “… `But the children rebelled against me: They did not follow my decrees, they were not careful to keep my laws, of which I said, `The person who obeys them will live by them,’ and they desecrated my Sabbaths. So I said I would pour out my wrath on them and spend my anger against them in the wilderness’…”

(Ezekiel 20:21, the Holy Bible).

-ooo CHILD KIDNAPPING IN RP IS REAL: Parents, guardians, and any other person whose job or concern is to take care and assure the safety of children and other minors, this column today is not meant to scare or frighten you, but on Wednesday, August 02, 2017, the truth

and reality of syndicates snatching, kidnapping, and taking away kids for a host of reasons jolted me like I was hit with several bolts of lightning.

One of the lady preachers of the Anak ng Diyos Kadugo Ni Kristo (AND KNK or the Children of God Blood Kin of the Christ) Church told me and the other preachers and deacons of the AND KNK who were gathered for their regular Wednesday Bible immersion and administrative deliberations while she was profusely crying, that one of her grandsons had become the latest victim of kidnapping.

The lady preacher said the incident happened at Payatas, Quezon City, a squatter colony near the La Mesa Dam complex, just this week, as her grandson walked home from school at about 1 p.m. The mother of the grandson, one of the preacher’s daughters, was with the child and two other kids of hers who were also going home when, literally, at the batting of her eyelashes, the grandson was gone.

-ooo CHILD KIDNAPPED IN PAYATAS, QC: Frantically,

the mother of the child who vanished from her sight tried to look around her, searching for the child, her eldest. But he was nowhere in sight---as if he vanished into thin air.

As panic began to engulf her, the mother literally dragged her two other very young children with her as she went hither and thither, and even in circles, searching for him.

When the missing child could not be located even after almost an hour of searching, the mother rushed to the nearest police station and reported the apparent kidnapping of her son. Policemen then were dispatched to join the search. Unfortunately, as the afternoon descended into dusk, their efforts yielded no sign of the child.

As daylight started to give way to the enveloping dark ness of t he nig ht, the mother found herself retracing her steps back to the school of her missing son.

She dreaded going home to their shanty, where the wake of her husband who died last year was held, without their child.

-ooo GOV’ T INCAPABLE OF STOPPING CHILD

K I D NA P P I N G : B ut a s she sat on the side of the road, she caught sight of her son, stripped of his school uniform---polo and shorts---and was only in his under wear, looking dazed, and gravely afraid.

She rushed to the son and tried to hug him. At first, the son coiled away from her, perhaps unable to recognize her with his troubled mind.

But as recognition came back to the child he embraced his mother in a tight grip, crying. The mother tried to talk to him, asking him questions, but the boy kept quiet all the time. Even today, the lady preacher said the kidnapped boy doesn’t want to talk at all. He has refused going out, even to go to his school, indicating that he is still suffering from deep psychological turmoil, which may take a long time to heal.

Indeed, this experience of the grandson of the lady preacher confirmed, beyond reasonable doubt, that there are people out there, whether organized or not, who are engaged in snatching away or kidnapping of children, mostly to take their internal organs so they could be sold batas/PAGE 10

The hidden treasure and the pearl of great price hints and traces

roy cimagala Two of the parables of Christ can give us precious lessons about how we ought to prioritize things in our life.

We know that we can have many competing interests and it’s important that we have the proper priorities in life. We have to be wary of the many conditionings that we are exposed to these days,

since they can throw us into confusion.

These are the parables of the hidden treasure and the pearl of great price in the Gospel of St. Matthew.

(13,44-46) “The kingdom of heaven,” Christ said, “is like treasure hidden in a field, which a man found and covered up. Then in his joy he goes and sells all that he has and buys that field.”

Following it is a similar parable: “The kingdom of heaven is like a merchant in search of fine pearls, who, on finding one pearl of great value, went and sold all that he had and bought it.”

These parables find an echo in some words of St. Paul who said: “I count everything as loss because of the surpassing worth of

knowing Christ Jesus my Lord. For his sake I have suffered the loss of all things, and count them as refuse, in order that I may gain Christ…” (Phil 3,8) How important therefore that we realize that our first priority should be God and our relationship with him which should be sustained with the constant effort to know, love and serve him!

We should be ready to throw away everything else that can stand in the way.

We have to make some adjustments in the way we order our objective needs.

We have to distinguish them from our subjective likes and desires that can only be the product of some personal or social preferences. In this we have to employ

the appropriate means, the relevant programs and operations. We should be demanding on ourselves insofar as this matter is concerned.

We need God first of all, and, in fact, all the time.

He is our most important objective need, much more and infinitely more than we need air, food, rest, pleasures, etc. For without God, we are nothing. But with him, we can have everything. That is why, St. Teresa Avila boldly said: “He who has God lacks nothing. God alone is sufficient.”

We need to learn how to find God in everything we do or we see, handle or get involved in. In this, we have to be pro-active. We cimagala/PAGE 11

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5

Banking&Finance

BPI offers specialized bank for small, medium enterprises

T

HE number of micro, small and medium enterprises (MSMEs) in the Philippines continue to rise yet their access to financing remains low.

Thus, the decision of Ay a l a - l e d B an k of t h e Philippine Islands (BPI) in 2016 to merge its specialized thrift banks, BPI Direct Savings Bank Inc. and BPI Globe BanKO,

to form the microfinance bank – BPI Direct BanKo, Inc. (BanKo) – to cater to self-employed micro entrepreneurs (SEME).

The microfinance bank currently have 24 branches nationwide, 15 of which were recently opened in Bicol, Pampanga, Davao, and Negros Oriental.

B a n Ko c h a i r p e r s o n Natividad Alejo, during the launch of the microfinance

bank Tuesday, said they target to open additional branches and micro banking officers (MBOs) to end the year with 100 branches.

“Potentially (we want) to expand this some more in the next three to five years if the model works,” she said.

M SM E s a c c ou nt for 99.5 percent of registered business establishments i n t he c ou nt r y but it s

contribution to domestic growth is only around onethird of the domestic output.

The sector also employs about 61.6 percent of total workforce, 54.7 percent of which are with the micro and small businesses.

Alej o s aid s ome 2.5 million Filipino households belong to the SEME segment. ”(They) provide backbone for the Philippine economy but the need to

provide focus and access to financial services for this segment is very evident,” she said.

Citing results of a Bangko Sentral ng Pilipinas (BSP) survey in 2015, the BanKo chair said only 31 percent of Filipinos adults have an account with the bank, 25 percent of Filipinos never save, and 52 percent of the credit needs of the retail marke t is prov i d e d by

informal service providers.

Through the merged financial entities, Alejo said BanKo would be able to provide small businessmen loans that amounts to at P25,000 to P100,000.

She said BanKo’s products relies on scale, management of risks and espouses trust and assures the public that their clients are helped by financial advisors who give expert financial advice.

BDO posts P13.3-B net PH banks extend more loans to small businesses income in first half SY-led Banco de Oro Unibank Inc. (BDO) registered a P13.3-billion net income in the first half of 2017, higher than the P11.7 billion in the same period in 2016.

In a disclosure with the Philippine Stock Exchange (PSE) Monday, the bank traced the improvement of its bottom line to core businesses or the rise in loans, the lowcost deposits and recurring fee-based service income.

Loans went up by 17 percent to P1.6 trillion while total deposits ended nearly P2 trillion, with the latter buoyed by the 17-percent increase in low-cost savings

and current accounts, which in turn account for 73 percent of total deposits.

With the increase in core businesses, net interest income posted an uptick of 22 percent to P38.6 billion, the disclosure said.

Non-interest income during the period reached P23.2 billion, driven by feebased service income, which rose 13 percent.

Of the total, insurance premiums increased by 17 percent to P4.6 billion while trading and foreign exchange gains contracted by 21 percent from year-ago’s P3.2 billion income/PAGE 10

BANKS extended more loans to small businesses during the first quarter, latest data showed, with the central bank pushing lenders to offer more digital platforms to simplify access to borrowing channels.

The Philippine banking system handed out P13.226 billion in microfinance loans as of end-March, surging by 23.1% from the P10.747 billion granted as of the first quarter of 2016, according to data from the Bangko Sentral ng Pilipinas (BSP).

Banks lent more funds as micro-deposits grew to P7.67 billion, jumping by a third from P5.783 billion during the same period last year.

Under existing rules, the

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BSP allows banks to engage in microfinance as a platform to provide access to credit to poor and low-income households, as well as small enterprises. The central bank has been prodding financial players to extend more loans to these unbanked sectors to help improve financial inclusion and help improve living conditions.

S ome 1 . 6 8 6 m i l l i on Filipinos were able to access funds during the quarter, which rose from 1.448 million borrowers during the comparable year-ago period.

A total of 167 banks provided microfinance services as of March, unchanged from a year ago.

Microenterprise loans made up the bulk of the borrowings at P11.226 billion, or 85% of the total. The amount surged by more than a fifth from P9.243 billion previously.

All other loan products posted double-digit increases during the first quarter, the BSP said.

Borrowings under the Microfinance Plus platform -- or loans ranging from P150,001 to P300,000 which may be availed of by small firms with good credit standing -- nearly doubled to P624.6 million from P329.1 million.

Micro-agri loans, or shortterm credit for farmers to

a maximum of P150,000, also rose by 17.3% to P294.7 million. Meanwhile, small loans for housing jumped by 28% to reach P889 million, according to the central bank.

The BSP has been relaxing rules for micro-banking offices by allowing them to offer more financial services to the public, such as releasing small-scale loans, serving as bills payment centers, selling microinsurance products, and exchanging foreign currency to a maximum of $300 per microfinance client.

BSP Governor Nestor A. Espenilla, Jr. said in a speech on Friday that the central bank is actively promoting loans/PAGE 10

6

Community Rehab of war-ravaged Marawi starts amid ongoing fighting

By Hader Glang

Rehabilitation projects for the conflict-ravaged Marawi City in Lanao del Sur Province has started as government forces are getting closer to ending the offensive against remnants of ISIS-linked Maute and Abu Sayyaf terrorists.

“Initially, the ground works of the relocation site and the construction of the houses (for evacuees) started a week ago.

The models are expected to be done after a week of work,” Capt.

Jo-Ann Petinglay, spokesperson of the Western Mindanao Command and Task Force Marawi, announced in a statement issued to reporters here in Zamboanga City on Monday.

Petinglay said the Army’s 54th Engineer Brigade, the Department of Public Works and Highways Region 10 and the Office of the City Engineer of Marawi City are working closely to finish two model houses that will be used as a template for about 5,000 houses for the evacuees.

According to her, the soldiers with the city engineer of Marawi, which supervises the construction of the model houses, is speeding up the reconstruction despite the highrisk among those involved in the construction, since stray bullets reach the site every now and then.

The military said the 11-hectare

housing project in Barangay (village) Sagonsongan near Marawi’s boundary with Lanao del Norte will have five phases and feature three to five thousand houses.

Coco lumber

by Marawi’s local government can fit a single family while steel shelters by the Department of Public Works and Highways can accommodate five to 10 families.

The first 40 coco lumber houses and 300 steel shelters will be built at the first two phases cleared by the project.

Refugees contracted by the local government will build the shelters for three to four months along with the Engineering Battalion of the Armed Forces of the Philippines.

Officials of Marawi City said they will focus on the massive

Photo shows soldiers of the Army's 54th Engineer Brigade kick off the construction of houses for the evacuees in the conflict-ravaged Marawi City.

reconstruction efforts needed to restore the city’s commercial district once the temporary facilities are finished.

Meanwhile, Bai Marites Maguindra, head of Autonomous Region in Muslim Mindanao Bureau of Cultural Heritage, wept over the destruction of Marawi city’s cultural heritage documents and objects in the ongoing conflict.

Maguindra said that what was more depressing was the loss of ancient documents written in Jawi, a pre-Spanish form of writing derived from the Arabic alphabet then prevalent in Malaysia, Indonesia and the Islamic areas of the Philippines.

She added that the autonomous Muslim regional government’s fear is the massive loss of priceless heirloom objects such as storage chest, brass ware, malong, which form part of the city’s rich cultural heritage.

(Malong is a traditional “tube skirt” made of handwoven or machine-made multi-colored cotton cloth, bearing a variety of geometric or okir designs) Maguindra was quoted as explaining that, “These are part of our cultural heritage, our history. These are writings, these are information, these are knowledgebased [sic] which give us traces of the

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people of the past.”

She said that whatever was lost culturally would be even more than the initial P20 billion pegged by the national government for the rehabilitation of Marawi, “because our cultural heritage is more than that amount—it is priceless.”

“When we rebuild Marawi, we need to account the damage to cultural heritage,” she said.

“We just don’t want to build buildings.

We just don’t want to build bridges and roads. We also have to work on cultural heritage itself.” according to the autonomous Muslim Mindanao government official.

Last month, President Rodrigo Duterte promised to rebuild Marawi into a prosperous city again once the Maute terrorists are flushed out.

The president

offered to add more to the P20-billion rehabilitation fund he allocated for the city if necessary.

He declared martial law in Mindanao last May 23 after government forces made a botched attempt to arrest Abu Sayyaf leader and Daesh appointed “emir” for South East Asia Isnilon Hapilon.

The fighting in Marawi had dragged on for over two months now, leaving hundreds of people dead, including soldiers, policemen, civilians and Maute terrorists.

As of this posting, the number of government troops killed in the ongoing operations in Marawi City has been placed at 114 with Maute Group members killed at 482. Civilians executed or killed by the bandits are still placed at 45. Hader Glang

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7

LifeStyle

Fashion show for health consciousness highlights MRXUH 59th anniversary Story by MARK FRANCISCO | Photos by ERCEL MAANDIG

TO celebrate Maria Reyna Xavier University Hospital’s 59th year, the nun administrators decided on a unique concept – present a fashion show with health awareness messages. And who else could pull it off except the number one couturier in this part of the country: Gil Macaibay.

And so one fine Saturday afternoon last July 29, Macaibay’s Glitterati and GilEx models gamely suited up in his apparel selections but with a twist of various inspiring medical-related messages from breastfeeding to HIV testing, being fit, adequate water intake, adequate

vegetables intake, protecting one’s eyes, reduce reuse recycle, quitting smoking, avoiding drinking binges, saying no to drugs, too thin is not in, avoiding junk foods and the need for constant breasts checkup.

The fashion show capped a one-day health expo that day at Centrio’s activity center in Cagayan de Oro City where hundreds of shoppers were ushered in for free consultation, discounted voucher and even free vouchers for selected services at Maria Reyna Xavier University Hospital (Hayes St., Pinikitan, Camaman-an, Cagayan de Oro City.)

Considered as the oldest

operating private hospital in the city, Maria Reyna Xavier University Hospital is a 130bed capacity teaching training hospital that is jointly owned by the Archdiocese of Cagayan de Oro, Sisters of S. Paul of Chartres and Xavier University.

The rise of the medical specialty center is its latest innovation allowing a leap in the local health scape featuring specialty services in oncology and radiologic oncology (cancer center), cardiovascular laboratory, nuclear medicine, gastro-intestinal medicine, ophthalmology (eye-surgi center) as well as rehab and sports medicine.

8

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9

Friday | August 4, 2017

Rugby Cares for Marawi

By Noel Villa

A few months ago, I was very excited to book my flight to Puerto Princesa City, voted the world’s number 1 island. As the Founder and Coach of the pioneer team for the sport of Rugby football in Northern Mindanao, I make sure that my players are given opportunities to tour, play and test their skills in local and international tournments.

Since 2013, the Cagayan de Oro Rugby Football Club has already won 3 championships in various divisions and I thought another trophy from the Palawan 7s Rugby Tournament would be a nice addition to our growing collection. I was also excited about reuniting with the boys and enjoying some R and R time. Those happy thoughts lingered until May 23 when the Maute terrorist group decided to bring chaos to the beautiful city of Marawi, just only two and a half hours away from where we live.

While the entire Mindanao was placed under Martial Law and thousands of evacuees already left Marawi, I wondered how our team could possibly help them out. We also thought of conducting a Free Rugby Clinic for the evacuees as a form of sports therapy but was turned down by our contacts due to security issues and logistical limitations. Knowing full well that the evacuees left hurriedly, we immediately collected boxes of clothes from good hearted people and sent them to Iligan City.

As the Palawan 7s came nearer, we could only dedicate our games to the evacuees and fallen soldiers, and committed to double our efforts and play to win. Our dedication was even more meaningful when we learned that two of Neil Bacasno’s closest friends were killed in action during the Marawi siege.

Neil is CDO Rafters’ Team Captain for the Palawan

Noel and Joseph with clothes donation for Marawi

7s. We didn’t just travel to Palawan to play Rugby, we also wanted to lift the spirits of the victims of Marawi crisis in our own small way.

This year’s Palawan 7s Rugby Tournament was definitely more competitive than last year with 3 Palawan Teams: the Panthers, Pirates and the Bear Cats; and Teams coming from Luzon Clark Jets, Makati Chiefs and SKF Mavericks - all boosted with players from the Philippine Volcanoes, the Philippine National Team for Rugby. In spite of the Martial Law, two teams from Mindanao still came to compete, the Davao Durians and us, the CDO Rafters.

True to their commitment, our two youngest players, Don Tidor and Ramir Pacudan who started playing Rugby for the Juniors Team, really played well and showed remarkable improvement during the games. While Ramir scored a try in the early stages of the tournament, it was Don who played exceptionally well and reminded me of the reason why I wanted to set up a Rugby team here in Cagayan de Oro City

Gavine Montante on another strong run

This is for Marawi!

Don Tidor (wearing a Scrum Cap) keeps a close eye on the ball

more than 3 years ago: to find raw talents and groom them well to play a good game of Rugby. Don played against players who are 4-5 years older than him, yet he played with confidence, controlled the game and even dictated our team’s attack. His performance earned him the Player of the Tournament amongst his team mates.

Our final game against the more experienced Makati Chiefs was not easy. The Chiefs already beat us convincingly during the round robin stage of the tournament and their confidence were already high. Being the

underdog, going into the finals was good enough for us. The game was edge-of-the-seat stuff with both teams scoring end to end, leaving it a draw at 14 - 14. It was Golden Points to decide the winning team, first to score wins.

The lads were in no mood to let this one slip having gone through the second day on an unbeaten run of 3 games.

The team dug deep and when Team Captain Neil Bacasno, an Australianbased player from Iligan City, timed his run from the line of defense to leap up on a ball during the Chiefs attack, one can almost feel the anxiety

of the Chiefs’ substitutes sharing the touch line with us as Neil intercepted the ball down the left. His quick feet almost got him clear for another try but only to be brought down 30 meters from the try line. Neil then offloaded to Josephus Valentino who took a hit 15 meters out but managed to continue the play by passing to Rafael Gonzalez who continued the possession by inching forward the Chiefs defense before being tackled. Gavin Montante was able to secure the ball for the Rafters down the right.

Everyone was ecstatic at cares/PAGE 10

The Team offers the traditional Malong to Mrs. Ambridge, wife of the Interim President of Palawan Rugby Derek Ambridge.

10

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Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2017-001 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by PSBANK CENTER, 777, PASEO DE ROXAS corner Sedeño Street , Makati City against MICHAEL GLENN TUMAMAK and SHEILA S. TUMAMAK to satisfy the mortgage indebtedness which as of July 12, 2017 amounts to Six Hundred Fifty Nine Thousand Five Hundred Forty One Pesos & 12/100 only (Php 659,541.12) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on September 11, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit: TRANSFER CERTIFICATE OF TITLE No. T-14911 “Lot 2275-D-2-B, Psd-10-040954: Portion of Lot 2275-D-2(LRC) Psd-66349, situated at Digson, Bonifacio Misamis Occidental, Island of Mindanao. Bounded on the NE., along line 1-2 by Lot 2275-D-6, (LRC) Psd-66349, on the E., along line 2-3 by existing Road Lot 2275-G (LRC) Psd50583, on the SW., along line 3-4 by Lot 2275-D-1 (LRC) Psd-66349, on the W., along line 4-1 by Lot 2275-D-2-A, Psd-10-040954. Containing an area of THREE HUNDRED (300) Square meters more or less.

All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale.

In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on September 13, 2017 at the same time & place without further notice.

Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be.

July 26, 2017, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF:

BWM: Aug. 4, 11 & 18, 2017

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

Hotline... from page 4

d i s a d v a n t a g e , inconvenience and losses to the following premises: a. E x e r c i s e o f t h e power of eminent domain on the inapplicability of the Malita-Matanao 230 Kv transmission line project to be a transmission asset; b. Implementation of Malita – Matanao 230 Kv transmission line project despite non-compliance on network, operational and security criteria of t h e P h i l ippi n e Gr i d Code, particularly the non-compliance of N-1 contingency, resulting to a possible Mindanao-wide system disturbance when the SMCPC unit no. 2 goes online; c. C o n s e n t i n g t o financial losses burdened by existing generating plants during the implementation of System Integration Protection Scheme, a contingency measure to t e mp o r a r y r e s o l v e t h e non-compliance of N-1 c o n t i n g e n c y, w h e r e i n automatic load dropping will be enforced by NGCP as the system operator, in any breach on the single line out age s cenar io, particularly the DavaoToril 138 Kv T/L section, which would result to force t he exist ing generat ing plants to reduce its generating capacity that may translate to financial losses; d. V o l u n t a r y exposing the Mindanao t ransmission system to security risks because of t h e n on - c ompl i an c e of N-1 contingency for a long

duration starting this year up to 2019 due to the latest re c o n f i g u r at i o n o f t h e Mindanao transmission system, with the addition of Ma l it a - Mat ana o 2 3 0 Kv T/L and two units of SMCPC coal plant; and e. I m m i n e n t a n d potential exposure of the Mindanao transmission system to an island-wide blackout which could intensify the security risks not only for Davao region, but for the whole island of Mindanao. (ruff y44_ ph2000@yahoo.com)

Hurst...

from page 5

to P2.5 billion.

Operating expenses in the first half of the year rose 20 percent on back of the bank’s bid to expand its core businesses as well as new investments in additional areas.

Provisioning for the period reached P2.9 billion while gross non-performing loan (NPL) ratio and NPL cover are steady at 1.3 percent and 137 percent, respectively.

Loans... from page 5

from page 4

the power to change. So won’t you be honest with yourself and ask Jesus to forgive you for your past wrongs. Jesus will accept you just the way you are, but He won’t leave you that way. He will also free and help you to start changing to reach your potential and become the person He created you to be. Just Think a Minute…

Batas... from page 4

to rich patrons. Since no one in government appears capable of stopping this, parents and elders can only rely on God to take care of their children.

-ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at w w w. f a c e b o o k . c om / angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22 OFFICE OF THE PROVINCIAL SHERIFF

Income...

new electronic channels to make financial services more accessible, especially to farflung communities without any bank branches.

The changes include the planned National Retail Payments System to process interbank transactions, the use of non-bank players like convenience stores and pawnshops for deposits and withdrawals, and simplified requirements to open and maintain bank accounts.

“In the BSP’s digital finance policy package, banks and other financial service providers now have better platform to expand their reach and deliver better and cheaper product to their clients in digital solutions,” Mr. Espenilla said during the launch of the 15th Citi Mi c ro e nt re pre n e u rs h ip Aw a r d s o n F r i d a y. “ These market-enabling interventions will make rural financing a fertile ground for service providers looking to expand their client base.”

The National Baseline Survey on Financial Inclusion released by the central bank

Surveyed For: PUEBLO DE ORO DEVELOPMENT

CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS TRANSFER CERTIFICATE OF TITLE NO. 137-2016002311

SHERIFF’S NOTICE OF SALE EJF File No. 2017-243

Lot : LOT 28 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For: PUEBLO DE ORO DEVELOPMENT

CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against RHEO Z. NALAGON, single, mortgagor/s, of legal age/s, Filipino’s with postal address at 27B, Montalban-Capistrano Streets, Cagayan de Oro City, to satisfy the mortgaged indebtedness TRANSFER CERTIFICATE OF TITLE NO. 137-2016002312 which was as of June 13, 2017 amounts to ONE MILLION SEVEN HUNDRED FORTY FOUR THOUSAND SIX HUNDRED Lot : LOT 29 FIFTY TWO PESOS and 32/100 (P 1,744,652.32) Philippine Block : BLOCK 16, PSD-10-056849 Currency including interest & penalty charges, excluding Portion of Lot : LOT 7, PSD-10-052951 attorney’s fees and expenses of foreclosure, the undersigned Surveyed For : PUEBLO DE ORO DEVELOPMENT sheriff will sell at public auction on September 4, 2017, at CORP. FOREST VIEW HOMES-PHASE 2 10:00 a.m. or soon thereafter at the City Tourism Hall, City Land Use : RESIDENTIAL Hall, Cagayan de Oro City, to the highest bidder, for CASH Location : CANITOAN, CAGAYAN DE ORO CITY and in Philippine Currency, the herein described properties Area : THIRTY SIX (36) SQ.M. MORE OR LESS and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. 137-2016002313 TRANSFER CERTIFICATE OF TITLE NO. 137-2016002308 Lot : LOT 30 Lot : LOT 25 Block : BLOCK 16, PSD-10-056849 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For : PUEBLO DE ORO DEVELOPMENT Surveyed For : PUEBLO DE ORO DEVELOPMENT

CORP. FOREST VIEW HOMES-PHASE 2

CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Land Use: RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS Area : THIRTY SIX (36) SQ.M. MORE OR LESS

Prospective buyers/bidders may investigate for

TRANSFER CERTIFICATE OF TITLE NO. 137-2016002309 themselves the title of the herein described property Lot : LOT 26 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For: PUEBLO DE ORO DEVELOPMENT

CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS

and encumbrances thereon, if any there be.

All sealed bids must be submitted to the undersigned on the above stated time and date.

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

Cagayan de Oro City, July 4. 2017.

FOR THE PROVINCIAL EX- OFFICIO SHERIFF:

TRANSFER CERTIFICATE OF TITLE NO. 137-2016002310 Lot : LOT 27 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951

(SGD.) JOEL LYDVEL G. PAKINO Sheriff IV

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

in 2015 showed that only 43% of Filipino adults held savings, with 68% of them opting to keep their money at home rather than placing them as bank deposits.

Cares... from page 9

t he edge of t heir seats before the Speedster Nikki Sontamarum picked up the ball and sprinted for the try line, scoring the winning points. It was all magical stuff from there on.

The team was euphoric with tears of joy while shouting with clenched fist, “Yes, we f**** did it!” That feeling we get after an awesome win, shutting the doubters and proving them wrong, scalping the bigger teams and bringing pride to Cagayan de Oro City, to Mindanao. Elated was both an understated and confusing feeling as it is not often that we find man-tears from being happy, a special moment that does not come round too often, while knowing that at the back of our minds there are people who are currently suffering in Mindanao while we were feeling the exact opposite.

In the end, we decided to celebrate as we will not go home empty handed after winning the Plate Division, a feat that we have previously committed to dedicate and win for Marawi.

After two months, the Marawi crisis is far from over.

The victims have no other choice but to move on, stand up and rebuild their lives outside their beloved hometown. A sports therapy session would be a great intervention to help them, especially the internally displaced children in the evacuation centers, forget the trauma and negative thoughts about their experiences, and channel their energy towards moving forward. The CDO Rafters will soon visit Iligan City for a free Get Into Rugby Clinic as part of our continuing community social responsibility initiative, Help Change the Life of a Child: A CDO RFC Rugby Cares Program.

Rugby’s Core Va lues of Tea mwork, Respec t , Enjoyment, Discipline and Sportsmanship make the game special. But more than those values, Rugby as a social sport upholds social solidarity. CDO RFC Rugby Cares Program is just our simple platform to realizing that humanitarian objective.

Big THANK YOU goes to Palawan Rugby Union President, Derek Ambridge, to the Philippine Rugby Football Union for the support and opportunity, and to all our friends and partners: HMR Auction, Thai Me Up, TH Cagayan Inc., and Vice Governor Joey Pelaez of Misamis Oriental. Your support made our journey possible and memorable.

Lastly, we thank our families & friends for the unconditional love and prayers for our Club.

-------- Noel Villa is the Founder of the Cagayan de Oro Rugby Football Club and the Coach of the CDO Rafters. Know more about them: www.facebook. com/cdorugbyclub

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

friday|august 4, 2017

Demand...

Allots...

from the farm.

PRDP is a six-year project designed to establish the government platform for a modern, climate-smart and market-oriented agri-fishery sector where it will partner with the local government units and the private sector in providing key infrastructure, facilities, technology, and information that will raise incomes, productivity, and competitiveness of the people in the countryside.

It aims to increase at least five per cent in annual real farm incomes, 30 per cent increase in income for targeted beneficiaries of enterprise development, 7 per cent increase in value of annual marketed output, and 20 per cent increase in the number of farmers and fisherfolk with improved access to services of the Department of Agriculture (DA).

Manual said the Mindanao infrastructure projects has an approved allocation of P7.99 billion for 171 infrastructure projects. As of June 2017, PRDP disbursement amounts to PHP1.47 billion for 100 infrastructure project (31 completed and 69 ongoing).

Manual also reported that Mindanao is leading in terms of disbursements from the four clusters of PRDP. The other three clusters are North Luzon, South Luzon, and Visayas. The national disbursement ratio was only at 14.2 percent.

Calinan, Davao City, who received a financial boost worth P9.5 million.

Manual said the program beneficiaries will identify the kind of project that needs financing support from the PRDP based on their Provincial Commodities Investment Plan.

“If we generate on farm income, they will have other incomes, they can buy motorcycles and put up sarisari stores,” he said.

Manual said they hope to create a ripple effect on other members of the community upon completion of the enterprise projects.

Un d e r t h e I - R E A P program, he said they aim to strengthen and develop viable agri-fishery based enterprises through efficient value chains of key agricultural and fishery products in targeted project areas.

“It also aims to elevate agricultural production by installing production and market support facilities, establishing enterprises and upscaling product at the appropriate commodity value chain,” he said.

The objectives of this program are to increase smallholder groups operating viable enterprises; to enhance producer productivity through formalized arrangements for marketing and technical services; and to increase smallholder and fishery resilience to climate change and adverse weather condition.

Based on their agreement with the World Bank, he said they want their projects to result in a 5-percent increase of farmers’ income annually; 7-percent increase in the value of marketed output; 20-percent increase in access of farmers to DA services; 30-percent increase in incomes of those direct beneficiaries of their enterprise development programs.

The PRDP is a six-year national government platform for an inclusive, value chain, oriented and climate-resilient agriculture and fisheries sector.

from page 1

Expansion... from page 1

“Caap is doing what it can with whatever funds that they have. If a Davao International Airport Authority is created, there will be cash back-ups,” Tecson said.

She added that improvement of the airport will bring good impression to Davao City as a whole.

For his part, Davao City Chamber of Commerce and Industry, Inc. president Ronald Go said a modern airport with functioning facilities makes a guest feel upbeat right away than those welcomed by a run-down airport.

“The creation of a Davao International Airport Authority is definitely a welcome development. With a government owned and controlled corporation focused on improving the facilities and services at the Davao airport, this bodes well for the tourism sector initially and augurs well eventually in attracting businessmen to our city,” said Go. Surigao del Sur Rep. Johnny Pimentel of PDPLaban recently re-filed the bill calling for the creation of the authority. He is also a member of the House Committee on Transportation and Mindanao affairs. Currently, the bill is waiting for approval since the 16th Congress and it has been revived in the 17th Congress with the support of Senator Juan Miguel Zubiri and Deputy Speaker and Davao City Second District Representative Mylene Garcia-Albano. (ASP/PNA)

from page 1

ASELCO...

from page 1 Intensification of Household E l e c t r i f i c at i on ( N I H E ) program.

NIHE is a government initiated program under the Department of Energy (DOE) in cooperation with the Department of Social Welfare and Development (DSWD) geared towards providing basic electricity services to the remaining 450,000.00 poor households in 46 selected provinces which are still unable to be access on-grid electricity.

In line with the 2014-2017 Household Electrification Development Plan (HEDP), the program is expected to achieve 90 percent household electrification by 2017.

Eng ine er Emmanuel Galarse, ASELCO general manager, said many poor households in remote villages

which have been deprived of electricity throughout their lives are the targets of the NIHE program of which the beneficiar y electric cooperatives signed an agreement with DOE in Manila last month.

“Finally, the management can now commence with the intensification of electrification in the province.

This has been a project longawaited not only by us but also by the Agusanons,” Galarse said.

ASELCO, being one of the first six implementing electric cooperatives nationwide is set to continue electrification in areas benefited by the implementation of Sitio E l e c t r i f i c at i on P roj e c t (SEP) and Barangay Line E n h an c e m e nt Pro g r am (BLEP) which have previously a l l ow e d 6 0 h o u s e h o l d recipients to be energized.

The approval of the project came timely for ASELCO since only few more distant areas in its franchise area are on the process of being energized. “Now, we will go back to the places we have previously energized and if possible, continue energizing the households which are not yet connected to the grid,” said ASELCO board president Corazon Cullantes said.

L a s t y e a r, A S E L C O started with an informationdissemination in cooperation with local government units by informing the public on the requirements for application to qualify as recipients of the project. Verification and Validation of the submitted applications were done to catch up with the deadline of submission last December EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS Notice is hereby given that the intestate estate deceased Abundio dela Cerna who died intestate on April 3, 2006; that the said Abundio dela Cerna at the time of his death left certain parcel of land situated at Maranding, Lala, Lanao Del Norte which land is ORIGINAL CERTIFICATE OF TITLE NO. P-12-022; LOT NO. 7119, SWO 24530; containing an area of Two Hundred Fifty Six (256) SQUARE METERS, more or less situated at Maranding, Lala, Lanao Del Norte; the deceased Abundio dela Cerna is the subject of Extra-Judicial settlement of Estate among Heirs; is made and entered into by and among the heirs of Abundio Dela Cerna namely; Leonida Dela Cerna Antiampo, Bernardita Dela Cerna Quibuen, deceased Meliton dela Cerna substituted by her daughter Maricris Dela Cerna and Danny Dela Cerna, Jemilo Dela Cerna, Marina Dela Cerna Gonda, Zenaida Dela Cerna Alfeche, Edwin Dela Cerna, deceased Allan Dela Cerna substituted by her children; Cheal Dela Cerna, Allan Leroy Dela Cerna, and Shela Dela Cerna Tucaling all of legal ages, Filipinos, and with common ancestral address at Lanao del Norte Philippines; that the parties hereto being all of legal ages and with full civil capacity to contract, do hereby, by these presents, agree to divide and adjudicate among themselves pro indiviso or in equal shares among all the children of deceased Abundio Dela Cerna, the abovedescribed parcel of Land; Under Notary Public of ATTY. JOHN ISMAEL B. BORGONIA, As per Doc. No. 18; Page No. 4; Book No. I; Series of 2017.

BWM: July 28, Aug. 4 & 11, 2017

2016.

ASELCO will start its full-scale implementation of NIHE on the third quarter of this year.

The agreement signing were attended by officials from various key offices of power industry including DOE Secretary Alfonso Cusi together with Undersecretary, Wimpy Fuentebella, Director My l e n e C a p o n g c o l o f D O E ’s E l e c t r i c Po w e r Industr y Management Bureau (EPIMB); Deputy Administrator Sonia San Diego, Director Ferdinand Vi l l a r e a l , AT E O - O I C Henrietta A. Maramot from the National Electrification Administration (NEA), and; general managers and board presidents from Zambales, Northern Samar, Surigao del Norte, Zamboanga del Sur, and Agusan del Sur.

Cassava... from page 2

machiner y and cassava graters.

GAD focal person Ramla R. Macatabang said the training was also geared at empowering women and youth to gain basic skills in

cassava food processing for entrepreneurial activities, increase their productivity, and to improve family income.

Based on DAF-ARMM data, the training program attracted 148 active participants in the towns of Talayan, Guindulungan, as well as in Sultan Mastura. The training program is currently implemented in the provinces of Maguindanao, Tawi-Tawi and Basilan. (Bureau of Public Information/PIA-10)

Cimagala... from page 4

should not wait for some inspiration to come or some s o-ca l le d favourable or conducive circumstances to take place. We have to actively look for him or create the occasion. We can always do this, because God himself empowers us to do so.

Fo r t h i s t o h ap p e n , ever yday we have to strongly set our mind to find, love and serve God. We may have to spend time meditating on this most important and objective need of ours, if only to

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 43 Gingoog City -o0oLYDIO M. TAMBIGA. CIVIL CASENO. 2017-1080

Petitioner, FOR:

-versus- DECLARATION OF DEBBIE CABILLON TAMBIGA, PRESUMPTIVE DEATH Respondent. x-------------------/

ORDER

The petition being sufficient in form and substance, the same is given due course. Let the hearing of this Petition be set on September 27. 2017 at 8:30 o’clock in the morning.

Any interested party is hereby required to file within fifteen (15) days from notice of the petition or from the last day of publication whichever comes first, an Answer or an Opposition to the petition alleging that: 1. That on 13 August 1992, petitioner got married to his sweetheart, respondent Debbi Cabillon, in a ceremony solemnized by presiding Judge Peary B. Allonar of the RTC Branch 21, at the Palace of Justice, Capitol, Cebu City, and they continued to live together in Cebu; 2. That sometime in 1993, when his Battalion was transferred to Mindanao, operating in the area covering Cotabato, Sultan Kudarat, and Sarangani Province Respondent Debbie chose to live in Gingoog City, so petitioner rented a room at Purok 1, Barangay 20, Doña Graciana Street in Gingoog City; 3. That on 17 May 2007, Petitioner asked permission from his superior officer to go on pass for three (3) nights, and permission was granted. It took Petitioner almost 15 hours to travel from Sarangani Province to Gingoog via Davao and Butuan; 4. Thus, on May 17, 2007, at about 7 o’clock in the evening, Petitioner was about to enter their rented room at Purok 1, Barangay 20, Doña Graciana Street, Gingoog City, when he saw a man seated at the window of their rented room. Since Petitioner suspected that his wife had a paramour, Petitioner sought assistance from the police station. Duty Officer SPO3 Ronnie Delima and his team accompanied Petitioner first to the residence of Barangay Kagawad Melva Cervantes to ask her and her husband William Cervantes to accompany them to the rented apartment; 5. When the group tried to enter the room, they found the room locked. Petitioner forcibly kicked the door open. He personally saw Respondent and the man lying on bed with their short pants pulled down to their knees. He just kept calm, the policeman then brought them to the police station.

6. On May 20, 2007, Petitioner filed formal charges of Adultery against Respondent and the man. Before trial on the merits ensued, both accused Respondent Debbie Cabillon Tambiga and Russel Sala jumped bail. Thus, the court proceeded with a trial in absentia. On October 14, 2008, the Court declared the forfeiture of bail and consequently, warrants of arrest were issued for their apprehension. Thereafter trial in absentia ensued.

7. After trial in absentia, the Court found accused Debbie Cabillon Tambiga guilty beyond reasonable doubt of the crime of adultery, on November 19, 2013.

8. That by October 14, 2008, Debbie Cabillon and her paramour could no longer be found. On that date, Petitioner started exerting efforts to locate them, but up till today, they have not been found nor located, nor any information received as to their whereabouts.

9. The petitioner had the Monitor Today publish a Notice of this missing wife, Mrs. Debbie Cabillon Tambiga, in its November 20-26, 2016 and November 27-Dec.3, 2016 issues.

10. On December 12, 2016, the Petitioner went to the Gingoog City Police Station and requested that it be recorded in the Police Blotter that his wife, Mrs. Debbie Cabillon Tambiga had been missing since October 2008 and her whereabouts could not be ascertained despite all his efforts to locate her. Annexed hereto as Annex “4” hereof is a Certification to that effect signed by PSupt Roel Leyaley Lami-ing dated December 12, 2016, 11. On January 9, 2017, Petitioner sent a similar letter to the Respondent, addressed Dulho, C. Padilla Sts., Cebu City, asking Respondent as to her whereabouts. The letter was returned with the remark “Unlocated”.

12. On March 15, 2017, Petitioner sent a similar letter to Respondent addressed 398-1, Jones Avenue, Cebu City by registered mail. It was returned to him on April 12, 2017 with the remark “Not Found.”

13. On January 10, 2017, upon request of the Petitioner, the Punong Barangay of his residence at Barangay 20, Gingoog City issued a Barangay Certification that Debbie Cabillon Tambiga was missing or nowhere to be found.

14. On January 14, 2017, the Petitioner went to DXRG, Radyo ng Bayan in Gingoog City and requested that a Public Service Announcement be aired calling for news about Mrs. Debbie Cabillon Tambiga who had been missing since 2008. Hereto attached is the “Public Service Announcement” by Petitioner and the “Certification” by Station Manager Merle LI. Ladesma of Radio Station DXRG. 15. Article 390 of the Civil Code of the Philippines provides, as follows: “Art. 390.

After an absence of seven years, it being unknown whether or not the absentee still lives, he shall be presumed dead for all purposes, except for those in succession.”

16. It has been nine years since the Petitioner was deserted by his wife, Debbie Cabillon Tambiga, without any children. He wishes that in the remaining years of his life he could be able to meet a decent and loyal woman whom he could marry to bear and rear his progeny.

The Clerk of Court is directed to cause the publication of this Order at the expense of the petitioner once a week for three (3) consecutive weeks in a newspaper of general circulation.

Likewise, let copy of this Order and Petition be furnished the Office of the Solicitor General, the Office of City Prosecutor and the Local Civil Registrar of Cebu City.

SO ORDERED. 11 July 2017, Gingoog City, Misamis Oriental

BWM: July 28, Aug. 4 & 11, 2017

(SGD.) MIRABEAUS A. UNDALOK Presiding Judge

know how to uphold this basic need amid the many other needs and likes that can undermine it.

We s h ou l d b e re a d y to detach ourselves from anything that can prevent us from looking for God. In this, we are expected to do some kind of violence in the tenor of Christ’s words: “ The kingdom of heaven suffers violence, and the violent take it by force.” (Mt 11,12) It’s the violence of love referred to here.

But actually, if we have the faith, we would know how to relate ever ything to God, since ever ything is relatable to God. They need not be competitors of God, but rather channels to God. L e t u s a s k t h e Ho l y Spirit who is always by our side, prompting us all the time so that we can find our way to God through our many and changing earthly concerns. roycimagala@gmail. com.

EXTRA-JUDICIAL SETTLEMENT WITH WAIVER OF RIGHTS OF A PARCEL OF LAND Notice is hereby given that the intestate estate of deceased, EXIQUIEL R. TALAMPAS, who died on FEBRUARY 23, 1999 at J.R Borja Memorial Hospital, Cagayan de Oro City; Tax declaration No. 34091 at BITONG, TAGLIMAO, CAGAYAN DE ORO CITY; containing an area of COCOTERO, thirty thousand (30,000) SQ. M. more or less; CORNLAND, sixty nine thousand five hundred (69,500) SQ. M; RESIDENTIAL, five hundred (500) SQ. M. more or less; with the Total area of ONE HUNDRED THOUSAND (100,000) SQ. M. more or less; The deceased EXIQUIEL R. TALAMPAS is the subject of Extra-Judicial settlement with waiver of rights of a parcel of land; is made and entered into, by and between: represented by his Legal wife, RITA V. TALAMPAS, of legal age, Filipino citizen, widow, with residence and postal address at Lumbia, Cagayan de Oro City and their legitimate children, namely: ERLINDA TALAMPAS YAÑEZ, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; REYNAN V. TALAMPAS, of legal age, Filipinop citizen, married, with residence and postal address at Lumbia, Cagayan de Oro city; CHRISTINE V. TALAMPAS, of legal age, Filipino citizen, single, with residence and postal address at Lumbia, Cagayan de Oro City; EXIQUIEL V. TALAMPAS JR., of legal age, Filipino ciotizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; and RONNIE V. TALAMPAS, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; that to the best of knowledge and information of the parties hereto, the deceased, EXIQUIEL R. TALAMPAS, LEFT NO LAST WILL AND TESTAMENT and LEFT NO KNOWN DEBTS TO ANY PERSON, FIRM OR ENTITY; That as the LEGAL HEIRS of the deceased we hereby DECLARE UNDER OATH OUR WAIVER OF RIGHTS OF THE ABOVEDESCRIBED PARCEL OF LAND all of legal rights and interest in favor of EXIQUIEL V. TALAMPAS, JR. AND RONNIE V. TALAMPA’S; Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 281; Page No. 56; Book No. XIV; Series of 2017.

BWM: July 28, Aug. 4 & 11, 2017

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friday|august 4, 2017