BusinessWeek Mindanao (August 9-11, 2013)

Volume IV, No. 8

P15.00

August 9-11, 2013

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BusinessWeek MINDANAO

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Market Indicators

As of 5:57 pm AUG. 8, 2013 (Thursday)

FOREX

PHISIX

US$1 = P43.58

6,404.23 points

11 cents

X

16.56 points

X

Briefly Kahimunan Trade Fair OVER 30 micro, small, and medium enterprises (MSMEs) from different provinces in Northern Mindanao will showcase their best products at the Kahimunan Regional Trade Fair on August 24 to 28 at the SM City mall here.

The Kahimunan (Creations of Northern Mindanao) regional trade fair, as component activity for the city fiesta celebration, will feature products coming from Bukidnon, Camiguin, Lanao del Norte, Misamis Occidental, and Misamis Oriental.

These products vary from processed food, gifts and housewares, fashion accessories, beverages, home style and living, and health and organic products.

Wage hike guidelines PROCLAMATION No. 459 issued by President Benigno S. Aquino III, last year, declared Aug. 26, 2013, National Heroes Day, as regular holiday, throughout the country.

Proclamation No. 629, the President again declared Aug. 9, 2013, Eid’l Fitr, Feast of Ramadan, a regular holiday throughout the country, to promote cultural understanding and integration and give the entire Filipino nation the full opportunity to join their Muslim brothers and sisters in the observance and celebration of the occasion.

Thus, payment of the daily wages on these regular holidays will be covered by the rules enumerated in Labor Advisory No. 6, s. of 2012, signed by Secretary Rosalinda DimapilesBaldoz of the Department of Labor and Employment (DOLE).

PSALM selling Iligan power plant assets THE national government, through the Power Sector As s e t s a n d L i a b i l i t i e s Management Corp. (PSALM) is seeking offers to purchase various disposable assets, worth P32 million, of the 98-megawatt (MW) Iligan diesel power plant.

In a notice published on Wednesday, PSALM’s Bids

and Awards Committee said it will dispose unserviceable assets of the plant in Lanao del Norte -- which was already turned over to Mapalad Power Corp. in the first quarter of this year.

Specifically, PSALM is seeking bids for a fuel tank and associated pipeline, as well as the stock fuel of the

power plant.

T h e re m ai n i n g f u e l consists of 2.27 million liters of industrial fuel oil, 73,873 liters of industrial diesel oil, and 7,435 liters of engine lubricating oil.

PSALM has set a minimum bid price of P32 million for the assets, and interested PSALM/PAGE 11

Gov’t allots P34-B for M’danao infra projects

P

By IRENE DAYAO, Reporter

ERHAPS taking the hint from a Unite d Nation report that the lack of needed infrastructures push back development initiatives in Mindanao, the national government through the Department of Public Works and Highways is spending a total of P61.54 billion to fund the construction of roads, bridges and other infrastructure projects across the island for the inclusive years of 2011 to 2014.

“And for 2014 alone, we are proposing to Congress that the DPWH is set to allocate RIVER BASIN PROJECT. A Watermaster machine will be used in the river basin project in Bukidnon, another P34.29 billion for projects in the which covers the Muleta-Kalatungan, Manupali, Malaybalay – Impasug-ong, Talakag, Baungon projects/PAGE 11 and Sumilao sub-watersheds. photo by gerry lee gorit

Growing Davao demand noted for bigger property

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- Southern Mindanao’s middle class has started to seek bigger lot sizes -- a demand major property developers have begun to address, according to officials of two such companies.

Marlon Nino B. Escalicas,

manager of Camella C ommunit ies-D avao, a subsidiar y of Villar-led Vista Land & Lifescapes Inc., said in a recent telephone interview that many buyers of the company’s projects here have been looking for

properties measuring at least 220 square meters (sq.m).

“They (buyers) are just waiting” for such offerings, Mr. Escalicas said, noting that Camella Communities has observed such demand demand/PAGE 11

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August 9-11, 2013

Economy

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Balisacan eyes above-target growth in ’13, ‘14

By Joann Santiago

SOCIOECONOMIC Planning chief Arsenio Balisacan forecasts a higher-than-target growth for the Philippine economy for 2013 and 2014.

“We are very optimistic that we can go beyond the real GDP growth assumption but due to domestic and external risks, we prefer to maintain the target,” he told lawmakers during the hearing for the 2014 national budget at the House of Representatives Wednesday.

The government’s growth target, as measured by gross domestic product, for this year is a range between six and seven percent while it is 6.5 and 7.5 percent for 2014.

Balisacan, who is also the Director General of the National Economic and Development Authority, identified several domestic

measures are being put in place to ensure continued growth of the domestic economy risks remain, thus, “we are also on guard to implement the necessary measures to mitigate the risks.”

He identified the hike in commodity prices, weather disturbance, delays in the implementation of infrastructure projects and external developments as among the risks to domestic expansion.

He stressed that the government bids “to sustain, if not surpass, our growth performance.”

“We are positive that we can take advantage of

available opportunities such as improving global economic environment particularly the sustained growth in emerging markets, improvement in demographic conditions, increased economic integration of the ASEAN member countries, and more financial resources available,” he added.

In the first quarter this year, the domestic economy posted the highest growth in the Association of Southeast Asian Nations at 7.8 percent.

This is way higher than the 6.8 percent output in 2012, which in turn is also higher than the five to six percent growth target for last year. (PNA)

Escobarte, and municipal and village officials led by Sison Mayor Leicester Fetalvero.

Aside from the provincial and municipal officials, local teachers and parents also expressed their gratitude for the new school facilities in their area.

During the inaugural rites, Matugas also distributed three units of multi-cab vehicles for use by the local government unit (LGU) here.

In another development, the provincial government of Surigao del Norte presented its 2013 Bottom-Up Budget (BuB) project implementation, and the 2014 BuB proposed budget to the officials of the Department benefit/PAGE 10

five persons with disability (PWDs) had undergone a s er ies of te chnolog y demonstrations and specialized trainings as the first enrollees of the Department of Trade and Industry (DTI)’s Small and Medium Enterprise (SME) Roving Academy.

The three-part training was conducted right after the formal launching of the SME Roving Academy (SRA) held recently in the region, trains/PAGE 10

growth drivers that include consumption, public construction, and the services sector.

He forecasts consumption to remain strong on back o f b e t t e r e mp l oy m e nt opportunities.

Similarly, the services sector is also expected to remain robust because of tourism and real estate among others.

Also, the agriculture sector is also projected to further boost the domestic economy as the government continues to put in projects and programs targeted to increase pro duction of staples and high value crops.

Balisacan said that while

Add’l classrooms benefit Surigao town Roving academy SISON, Surigao del Norte—The provincial led by Governor Sol F. Matugas, officials of trains PWDs government of Surigao del Norte expressed the DepEd led by DepEd-13 Director Alberto BUTUAN CITY—Thirtyits gratitude to President Aquino for the completion of new public school facilities in this town, which greatly contributed to ease the backlog of classrooms in the Caraga Region.

The newly constructed school building with five pre-school classrooms at the Dakung Patag National High School, which also included a new day-care center, was formally inaugurated over the weekend.

The implementation of the new facilities worth more than P2.707 million was facilitated by the Region-13 office of the Department of Education (DepEd-13).

The blessing and inauguration was attended by provincial and municipal officials

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Real estate sales, new hotel business lift Ayala’s income AYALA Land Inc (ALI) on Thursday reported that its net income grew by nearly a third in the first six months of the year on the strength of real estate and hotel sales.

In a disclosure to the Philippine Stock Exchange, the real estate giant said net earnings jumped 30 percent to P5.62 billion in the first half from P4.33 billion in the same six-month period last year. Consolidated revenues rose by more than a third to P36.63 billion from P27 billion over the same period.

Revenues from the real estate and hotels businesses comprised bulk of total

revenues and increased 38 percent to P35.81 billion from P25.94 billion in 2012. “The sustained earnings growth is now supported significantly by newly launched growth centers in Arca South, Vertis North, and Circuit. This is in addition to the continuing growth of our products in our traditional centers of Makati, Bonifacio Global City, NUVALI and Cebu Park District,” said Antonino T. Aquino, ALI president and chief executive officer.

“Our products are wellaccepted due to their presence in our integrated, mixedayala/PAGE 10

Coal Asia sells 600 million shares

MORE THAN 600 million shares of listed Coal Asia Holdings, Inc. being held by its president have been sold to JTKC Equities, Inc. under a special block sale, the firm said in a disclosure Wednesday.

Coal Asia said that last Friday, a total of 640 million shares of the company “in the name of Jaime T. Ang were crossed via special block sale to JTKC Equities…”

The sale of shares, which are currently under lock-up, was approved by the Philippine Stock Exchange (PSE) on July 9, the company said. “In approving the sale, PSE required the buyer to agree to be subject to the lock-up period,” Coal Asia said.

“Correspondingly, the buyer, with the conformity of Mr. Ang, executed the amendment to the Escrow and Custodian Bank Agreement with Sterling Bank, Inc., whereby the buyer was substituted as a party thereto in place of Mr. Ang,” the disclosure read.

Company officials were not immediately available when sought for details. coal/PAGE 10

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August 9-11, 2013

Globe Telecom expects Bayan acquisition done in ‘a month’ G L OB E Te l e c o m h a s announced it expects to complete in “a month” the acquisition of Bayan Telecommunications Inc. “We just presented all the comments to the rehab court about a week ago, so we’re a little bit uncertain given that it has to go through a court process.

We’re hopeful that in a month we will get clarity around the process moving forward,” said Globe chief financial officer Alberto M. de Larrazabal.

“As you can appreciate the judges do need time to go through the financial evaluation and proposals that have been proposed,” he told reporters.

De Larrazabal said Globe intends to convert 69 percent of the outstanding debt of Bayan into equity, which, based on the rehabilitation plan, would account for 58 percent of the Lopez-led telco.

De Larrazabal also said Globe plans to acquire the remaining shares in Bayan from the Lopezes.

“That is a subject of the conversation that is ongoing with the Lopezes. But I guess

if I were to characterize the conversation, I think all options are open at this point,” de Larrazabal said.

Globe recently acquired 98.26 percent of Bayan’s debt and 100 percent of Radio Communications of the Philippines Inc’s (RCPI) liabilities. RCPI is a unit of Bayan. The acquisition cost Globe $130 million, lower than the $400 million face value of Bayan’s aggregate debt.

Under its rehab plan, B ay a n a n d R C P I a r e scheduled to emerge from

rehabilitation by 2023.

As of September, Bayan had settled P908.28 million worth of debt. Since 2004, the telco had paid creditors a total of P8.19 billion.

Bayan went into courtsupervised rehabilitation in 2003 after it failed to service debts amounting to $325 million.

Globe president Ernest Cu had said his company and Bayan are looking into various forms of collaboration that would benefit both firms, including DSL (digital subscriber line)

and broadband.

Globe recently secured National Te l e c o m m u n i c a t i o n s Commission (NTC) approval of the joint use of Bayan’s frequencies in the 1750-1760 megahertz/1845-1855 megahertz range.

The joint use agreement will allow Globe to address increasing demand for voice, SMS and mobile data ser vices, and will allow Bayan to offer its mobile telecommunications services to customers.

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4 Pagcor intel, ad budget: P710M www.businessweekmindanao.com

August 9-11, 2013

How much is the Philippine Amusement and Gaming C orporation (Pagcor) allotting for advertising and intelligence gathering?

A whopping P710 million

this year.

Cagayan de Oro Rep. Rufus Rodriguez on Thursday urged Pagcor to let go of its intelligence and advertisement budgets

af te r l e ar n i ng t hat t he agency has a P250 million intelligence fund and P460 million advertising budget this year. pagcor/PAGE 10

PCSO gradually trimming intelligence, PR funds, solons told The Philippine Charity Sweepstakes Office (PCSO) was gradually decreasing its intelligence and PR funds, its officials told lawmakers on Thursday.

During the second day of the House committee on appropriations’ deliberations on the proposed P2.268 trillion national budget, PCSO general manager Jose Ferdinand Rojas II said that their intelligence funds were down to P10 million this year and would continue to reduce the said funds in 2014.

The present funding was much lower than the P364 million intelligence funds of the PCSO during the Arroyo administration.

D ur ing t he t ime of t he Aquino administration, Rojas said that the chairperson of the PCSO and the general manager were each allotted only P5 million for their

Renovation of Day Care Center Congressman Rufus B. Rodriguez formally turns over a Day Care Center project in Sitio Paglaum Barangay Camaman-an that cost P150 thousand pesos. Also in the photo in this ribbon cutting activity are Cong. Maxie Rodriguez, Jr. of Abante Mindanao Partyist, City Councilors Jun Acenas, Enrico Salcedo and Teodulfo Lao, barangay officials headed by Chair Raul Gamao and the DPWH employees.

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intelligence funds.

“But we only used P3 million from each of these intelligence funds,” he told Cagayan de Oro Representative Rufus Rodriguez.

Under its reorganization program, the PCSO was also reducing the number of its employees from its earlier 2,200-strong manpower down to 1,724.

The PCSO’s budget for advertisements were also lower in the current administration, said Rojas, who pegged the present PR funding to be around P275 million.

The reduction was significant, he said, as the PR budget back in 2010 had been pegged at between P1.7 billion and P1.8 billion.

Rojas said the PCSO would continue to pcso/PAGE 10

Mayor Allan Lim (right) of the municipality of Lala, Lanao del Norte welcomes the Land Management Service (LMS) of DENR 10 headed by Engr. Agnes Dejoras to witness the presentation of the complete political boundary survey of Lala town. (Marlowe M. Paragas/denr-rpao)

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August 9-11, 2013

DOLE issues rules on payment of wages for Aug. 9 & 26 holidays

By Rutchie C. Aguhob

OZAMIZ CITY, Misamis Occidental, Aug. 8 (PIA) – Proclamation No. 459 issued by President Benigno S. Aquino III, last year, declared Aug. 26, 2013, National Heroes Day, as regular holiday, throughout the country.

Per Proclamation No. 629, the President again declared Aug. 9, 2013, Eid’l Fitr, Feast of Ramadan, a regular holiday throughout the country, to promote cultural understanding and integration and give the entire Filipino nation the

full opportunity to join their Muslim brothers and sisters in the observance and celebration of the occasion.

Thus, payment of the daily wages on these regular holidays will be covered by the rules enumerated in Labor Advisory No. 6, s. of 2012, signed by Secretary Rosalinda Dimapiles-Baldoz of the Department of Labor and Employment (DOLE).

These rules, DOLE Provincial Director Jose G. Robles said, are as follows: If the employee did not work, he/she shall be paid 100%

of his/her salary for that day [(Daily rate + Cost of Living Allowance) x 100%].

If the employee worked, he/she shall be paid 200% or his/her regular salary for that day for the first eight hours [(Daily rate + COLA) x 200%].

If the employee worked in excess of eight (8) hours overtime work, he/she shall be paid an additional 30% of his/her hourly rate on said day [Hourly rate of the basic daily wage x 200% x 130% number of hours worked].

If the employee worked during a regular holiday

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte RE: PETITION FOR THE ADOPTION OF MINOR CHILD DIOFIL MARIS P. REYES.

SP. PROC. NO. 277-07-2013

DIOSDADO DUMILI CABRERA and FILIPINAS FE RAZO CABRERA,

Petitioners.

-versusOFFICE OF THE MUNICIPAL CIVIL REGISTRY KAPATAGAN, LANAO DEL NORTE.

Respondent.

X--------------------------/ ORDER

This is a petition for adoption of minor filed before this Court on July 19, 2013 by the herein petitioners praying among others that after notice and hearing, judgment be entered adjudging the minor DIOFIL MARIS P. REYES to be the child of the herein petitioners.

Petitioners alleges that they are lawfully married couple, 50 and 46 years old, respectively and residents of MJ Cuenco St., Poblacion, Tubod, Lanao del Norte. Respondent is sued in its official capacity. They are childless spouses, in possession of full civil capacity and legal rights i.e not subject to any incapacity or disability like insanity or imbecility, civil interdiction, deaf-mutism, insolvency, financially able, and are not suffering any disqualification by law.

They desire to jointly adopt a minor named DIOFIL MARIS P. REYES, two (2) months and twenty-five (25) days already, as she was born on April 10, 2013, born as an illegitimate child to Efren L. Reyes and Cheene C. Pangasian. The said minor child had never felt the love, care and affection of her biological mother as she was immediately given and entrusted to the custody of Efren per their pre-arranged agreement, who in turn left her to the petitioner’s care and custody to avoid trouble and chaos with his legitimate family who are very much opposed to bringing the child home. In other words, the said minor was practically abandoned by her biological mother who allegedly went to Manila after recovering from the minor’s delivery hence, her written consent to adoption is not necessary. The person left to give the consent to minor’s adoption is in the person of his biological father Efren, who is not insane nor intemperate, with full knowledge of petitioner’s intention but left without choice to keep the minor child in his care and custody in the family dwelling because of his wife’s vehement opposition. The petitioners are qualified to adopt the said minor, and will be financially and morally capable to bring up and educate her property and adequately.

Set the initial hearing of this case to September 13, 2013 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil of Kapatagan, Lanao del Norte, Atty. Dorothea S. Basalo, counsel for the petitioners, and to the petitioners themselves at MJ Cuenco St., Poblacion, Tubod, Lanao del Norte. Let copy of this Order be published in a newspaper of general circulation for three consecutive weeks, at the expense of the petitioners.

The Department of Social Welfare and Development, Field Office, Region 10, Cagayan de Oro City is hereby directed to conduct a Home Study and Child Study Report upon the petitioners and the child sought to be adopted, as well as the biological parents. She is directed to submit a report relative thereto at least (3) days before the scheduled hearing of the petition. Any interested person/s are hereby directed to come to Court on said time and date to show cause why said petition should not be granted.

SO ORDERED.

Tubod, Lanao del Norte.

August 2, 2013.

(Sgd.) DENNIS P. VICOY

Acting Presiding Judge

BWM: Aug. 5, 11 & 18, 2013

PETITION FOR EXTRA JUDICIAL EJF NO. 2013-189 FORECLOSURE OF REAL ESTATE MORTGAGE UNDER ACT 3135 AS AMENDED BY ACT 4118 FOR:

HOME DEVELOPMENT EXTRA-JUDICIAL FORECLOSURE MUTUAL FUND (Pag-Ibig), REAL ESTATE MORTGAGE

Petitioner , LOWIE L. ELLESO Respondent.

X--------------------------------/ NOTICE OF EXTRA-JUDICIAL SALE Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig), against LOWIE L. ELLESO married to WILFREDO T. ELLESO, both of legal age, Filipino citizens with postal address at LOT3-BLK7 GREENVILLE SUBD. BRGY SUNTINGON BUGO, Cagayan de Oro City, Misamis Oriental , to satisfy the mortgaged indebtedness which as of June 19, 2013 amounts to NINE HUNDRED SIXTY TWO THOUSAND SIX HUNDRED THIRTEEN PESOS & 37/100 (P962,613.37), Philippine Currency, inclusive of interest, penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on September 19, 2013 at 10:00 A.M. at the main entrance of this Court, Regional Trial Court, Branch 41, Capitol Compound, A. Luna Street, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following personal property, to wit : TRANSFER CERTIFICATE OF TITLE NO. T-209128

Lot : Lot 3, Blk-7, Pcs-10-003614

CONSOLIDATION-SUBD : Lot 16-0-1, 16-0-2, 16-0-4 All of Psd-10-048495

LOCATION : Bugo, Cagayan de Oro

AREA : NINETY (90) sq. m. more or less including all improve ments found thereon

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

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, July 19, 2013 (SGD.) ALDEN V. SAMBAAN

Sheriff IV BWM: Aug. 5, 11 & 18, 2013

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

NOTICE OF EXTRA-JUDICIAL SALE File Number 2013-201

“TRANSFER CERTIFICATE OF TITLE NO. 137-2011002253

A PARCEL OF LAND (LOT 12, BLOCK 2, PSD-104305-018904, BEING A PORTION OF LOT 2911, CAD-237, CAGAYAN CADASTRE), SITUATED IN THE BARRIO OF MACASANDIG, CITY OF CAGAYAN DE ORO, ISLAND OF MINDANAO. XXX, REGISTERED IN THE NAME OF EMMA A. LOZANO, CONTAINING AN AREA OF TWO HUNDRED EIGHT (208) SQUARE METERS, MORE OR LESS.’’ “TRANSFER CERTIFICATE OF TITLE NO. 137-2011002254

A PARCEL OF LAND (LOT 14, BLOCK 2, PSD-104305-018904, BEING A PORTION OF LOT 2911, CAD-237, CAGAYAN CADASTRE), SITUATED IN THE BARRIO OF MACASANDIG, CITY OF CAGAYAN DE ORO, ISLAND OF MINDANAO. XXX, REGISTERED IN THE NAME OF EMMA A. LOZANO, CONTAINING AN AREA OF ONE HUNDRED FIFTY NINE (159) SQUARE METERS, MORE OR LESS.’’ All sealed bids must be submitted to the undersigned on the above-stated date, time and place.

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day without need of further notice, posting and publication.

Prospective buyers/bidders may investigate for themselves the titles of the properties above-described and encumbrances thereon, if any there be.

that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her daily rate of 200% [(Daily rate + COLA) x 200%] + [30% (Daily rate x 200%)].

If the employee worked in excess of eight hours overtime work, during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her hourly rate on said day (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked). (RCAguhob/ PIA10-Misamis Occidental)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 41 Cagayan de Oro City

Republic of the Philippines REGIONSL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region BRANCH 38 Cagayan de Oro City

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135, as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (otherwise known as Pag- IBIG Fund), with branch office at Pag-IBIG Fund Bldg., J.R. Borja St., Cagayan de Oro City, against EMMA A. LOZANO, with postal address at Block 2, Lot 12 & 14, Tierra De Oro Homes, Macasandig , Cagayan de Oro City, to satisfy the mortgage indebtedness which as of June 19, 2013, amounts to One Million Nine Hundred Ninety Thousand Eight Hundred Ninety Pesos & 82/100 (Php1,990,890.82) , Philippine Currency, as principal, interest, charges, attorney’s fees and expenses of foreclosure, the undersigned Sheriff or his deputies will sell at public auction on SEPTEMBER 5, 2013, at 10:00 A.M. to 4:00 P.M. or soon thereafter at the Office of the Regional Trial Court, Branch 38, 2nd Floor, Hall of Justice, Hayes Street, Cagayan de Oro City, to the highest bidder, for cash and in Philippine Currency, the following real properties, with all the improvements found thereon, to wit:

NOTICE OF EXTRA-JUDICIAL SALE EJF NO. : 175-07-2013

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1ST Valley Bank Inc., Baroy, Lanao del Norte against MARICRIS S. ONG, Poblacion, Baroy, Lanao del Norte to satisfy the indebtedness which as of December 25, 2001 amounting to TWO HUNDRED FORTY THOUSAND PESOS (Php240,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 11th day of September 2013 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES A parcel of land Lot 28-B of subdivision plan Pad-12-028410(AR) being a portion of Lot 28, Pls-13 situated in the Barrio of Pendolonan, Municipality of Lala, Province of Lanao del Norte, Philippines.

LOT NO. 28-B

Bounded on the NE., along line 1-2 by Lot 28-A, on the S., along line 2-3 by Road; on the W., along line 3 to 5 by Lot 12, Cad. 117-D and along line 5-6 by Lot 28-C; and on the N., along line 6-7-1 by Road, all the subdivision plan.

Under the TRANSFER CERTIFICATE OF TITLE NO. T-28-B in the name of MARICRIS S. ONG.

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

Tubod, Lanao del Norte, Philippines, this July 22, 2013.

Cagayan de Oro City, July 23, 2013.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

BWM: Aug. 5, 11 & 18, 2013

(SGD.)REYNALDO L. SALCEDA Sheriff IV

5

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BWM: Aug. 5, 11 & 18, 2013

For the Clerk of Court and Ex-Officio Sheriff (SGD.) CONRADO V. HINGCO, JR. Sheriff IV

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte EDWIN R. ONG I, CIVIL CASE NO. 07-752

Petitioner,

- for - versus - Annulment and/or Declaration

of Nullity of Marriage JOANNA B. BLANDO, Respondent. x--------------/ SUMMONS BY PUBLICATION TO:

JOANNA B. BLANDO

Poblacion, Baroy, Lanao del Norte

Presently residing in London

G R E E T I N G S!

WHEREAS, on July 26, 2013, the Court issued an order granting the petitioner’s Exparte Motion for Leave to Serve Summons by Publication, the dispositive portion of which reads as follows:

“WHEREFORE, finding the same to be well taken and in order, the same is hereby granted. The service of summons by publication to respondent is granted at the expense of the petitioner.”

WHEREAS, Petition reads: PETITION

COMES NOW PETITIONER, through counsel and unto this Honorable Court, most respectfully avers: 1. That petitioner is of legal age, married, Filipino and a resident of Poblacion, Baroy, Lanao del Norte where may be served with court orders and legal processes; 2. Respondent is, likewise, of legal age , married, Filipino and presently residing in London, but her last known address in the Philippines is at Poblacion, Baroy, Lanao del Norte; 3. That petitioner and respondent are husband and wife their marriage having been performed and solemnized on October 16, 1994 at Sto Nino Parish Church, Baroy, Lanao del Norte, Philippines as evidenced by a Marriage contract, copy of which is hereto being attached and made integral part hereof as Annex “A”; 4. Out of the said relationship, no child was born and no real property was acquired; 5. That unknown to petitioner, respondent was, at the time of the celebration of marriage, psychologically incapacitated to perform and comply with the essential marital obligation of marriage; 6. Before and during the early years of their marriage, respondent had already manifested sociopathic personality disorder, immature and dependent character, as shown in the following: 7. While petitioner and respondent were sweethearts, the former already observed something different in respondent’s personality as she treated petitioner like a father instead of her boyfriend. Petitioner tried to be patient and considerate with her because she is a casualty of a broken home but she seemed to be unhappy and uncomfortable with their relationship as if she was looking for a fatherly affection; 8. There was a time in their pre-marital relationship that petitioner could no longer bear and understand what respondent wanted, that is why at one point in time, petitioner tried to break up from respondent but she did not agree and she even attempted to take her own life by slashing her wrist with a bladed object; 9. Their shaky relationship continued until they decided to exchange I do’s with each other on October 16, 1994; 10. At the onset of their married life, petitioner already found difficulty adjusting with respondent’s behavior. She would not listen to petitioner’s advises and would always disagree with the latter’s decisions. She would not perform the usual household chores of a wife like preparing our food, cleaning our room and washing our clothes; 11. There were instances in their married life which often ended up to heated arguments like respondent’s inability to pay on time their monthly utility bills for reason that the budget intended for said bills was used to buy other with lesser importance; 12. Sometime in the year 1996 petitioner opened a video rental shop business in Tubod, Lanao del Norte with the expectation that respondent would help him run and manage the said business, however, due to her indolence, she just left petitioner alone managing the said business until the latter decided to close the same; 13. Respondent had also the penchant for spending petitioner’s hard earned money for luxury and other less important matters; 14. Sometime in the year 2008 she went to London as tourist against petitioner’s will, hoping that she could get a job leaving with petitioner a huge debt which he personally paid but when she arrived in London she did not find a job simply because she did not exert extra effort to look for one; 15. When she returned to the Philippines, petitioner opened again another business in Maranding, Lala, Lanao del Norte, a novelty or gift shop business, hoping that she had already mend her ways and that she would already help petitioner manage said business; 16. Few days after its opening, said business was doing fine because respondent was helping petitioner manage the same. When petitioner was elected Municipal Councilor of Baroy in May 2010, he left the entire management of the business to respondent because petitioner had to concentrate on his new job as public servant; 17. Few days after leaving the management of our business to respondent, our daily sales dropped as respondent would no longer go to our store and monitor our business, hence, we suffered huge loss until petitioner decided to close the same; 18. In November 2010 respondent again left for London under student visa against petitioner’s will and since then, she did not return home anymore neither did she communicate with petitioner or his close relatives; 19. Lately, petitioner was informed by respondent’s friends that she is now having an affair with another man and in fact they are now living together as husband and wife without the benefit of marriage in London; 20. That said attitude of the respondent is attributable to the latter’s unstable and immature character due to the fact that the respondent is suffering from personality disorder and psychological incapacity to perform her marital obligations of marriage which appears to be grave and permanently incurable; 21. That due to respondents psychological incapacity, immature, unstable, and insecure character resulting from such personality disorder respondent would not and could not provide the proper mutual love, care, support, respect and fidelity as well as mutual help required of her as a wife imposed under the Family Code;

WHEREFORE, premises duly considered it is most respectfully prayed of this Honorable Court that after due notice and hearing judgment be rendered declaring the marriage between petitioner and respondent as NULL and VOID from the beginning in accordance with Article 36 of the Family code with all the legal effects and consequences thereof.

Petitioner also prays for such other relief and remedies just and proper in the premises.

Baroy for Tubod, Lanao del Norte, Philippines, July 8, 2013.

OBIAL LAW OFFICE

Bag-ong Dawis, Baroy, Lanao del Norte

By: (SGD.) ELEUTERIO M. OBIAL, JR.

IBP NO. 937538/05-23-15/Manila

PTR NO. 1921314/06-25-13

(Application for exemption to undergo

MCLE seminar has been filed but the

same has not been acted upon,

Application is attached)”

NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the above-quoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision in the IBP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a Motion to Dismiss and instead allege the grounds thereof as defenses in the Answer.

Tubod, Lanao del Norte, July 29, 2013.

(SGD.) ATTY. MARIA PTV ZALSOS-UYCHIAT, CPA

Clerk of Court IV

BWM: Aug. 5, 11 & 18, 2013

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Boycott facebook now!!!

What’s your type?

T

THINK

hink a minute…It’s been said there are two types of A Minute people in the world: Those

By Jhan Tiafau Hurst who come into a room and say, ‘Here I am!,’ and those who come in and say, ‘Ah, there you are!’

Tw o v e r y d i f f e r e n t approaches.

One says, “Look at me! I want attention!”

The other says, “Tell me about yourself.”

One attitude says, “I’m the important one.”

The other says, “You’re the important one.”

You know, if you want to be the happiest you can be.

If you want to live a rich, successful, satisfying life— then live to give and serve others.

Dr. Albert Schweitzer said that how happy we are depends on how much we live for others.

In fact, the one word that is the secret to success and the highest level of living is the word “others.”

But if we’d rather have a small, empty, boring life, then we can think only about ourselves and what we need and want.

The problem with this self-centered kind of living is that even though we get and keep everything for ourselves, we’re never completely satisfied or happy; so we don’t make others happy either.

Even God Himself said that He did not come into the world to be served, but to serve others—even to the point of giving His own life for our wrongs, since He Himself had no wrongs to die for.

Jesus Christ was constantly helping, healing, comforting, counseling, and forgiving others.

He lived, died, and came back to life all for others.

And even now, He is constantly praying for others, which includes you and me.

Jesus Christ became a human being to show us how to be happy and live successfully by living for others.

He explained that it’s only when we give and share our life with others that we ourselves can finally be happy and satisfied.

Hurst/PAGE 10

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L

IFE’S INSPIRATIONS: “… Because you did not serve the Lord your God joyfully and gladly in the time of prosperity, therefore in hunger and thirst, in nakedness and dire poverty, you will serve the enemies the Lord sends against you…” (Deuteronomy 28:47-48, the Holy Bible).

-ooo SEX AND FACEBOOK: I guess it’s time to boycott Facebook, the social networking site that has become the social life of millions around the world. Why? Because it is now being used wantonly for pornography.

As of now, every time Facebook is opened, pictures depicting various sex scenes, posted in the names of unsuspecting Facebook users, hog the computer screen and entice the users to view the video in its entirety.

I am sure children who are Facebook users are also seeing this, and their parents who are most of the time not computer-savvy or knowledgeable about the Internet maybe unaware of what is happening. So, if they are not properly guided, these children will surely get the wrong message, considering their very young minds, and considering their evident incapacity to distinguish what is right and what is wrong.

If left unchecked, Facebook could create a generation of sexually-disoriented and dysfunctional children, who would later on grow to become sexually-disoriented and dysfunctional, and therefore, trouble-making,

K

citizens, or people who love ak ampi only themselves and money, Mo A ng Batas godless and depraved. Either

By Atty. Batas Mauricio Facebook must act now to correct this, or let us all boycott it now.

-ooo BOYCOTT FACEBOOK NOW!!! This phenomenon has been predicted to happen by the Bible. As we said in an earlier posting or column, “the times are indeed very bad. And yet, we cannot say we were not warned that this kind of surging and widespread criminality would one day happen. We were warned for sure, and in a very specific language yet.

“Consider this: `But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God--- having a form of godliness but denying its power…’ batas/PAGE 10

Advanced Directives: Should We or Should We Not

I

n one of the case conferences that I attended, I overheard a group of Clinical Clerks discussing one of their patients, who is terminally ill. The one in charge of this particular patient was preparing the clinical summary just in case her patient dies.

A member of her team was teasing her, why so early a summary, just because her patient has a DO NOT RESUSCITATE ORDER? I was struck by her answer: I want to facilitate the release of my patient in order not to delay further the family. Whew! I salute this incoming member of the Medical Community.

In our country, being a tightly knit family and all, with that embedded culture of BAHALA NA system, we oftentimes forget to prepare for the eventuality of our mortality. Most, if not all, would not even wish to discuss it, as if, to do so, is an invitation. But, we all will go that way.

It is alright if we die of natural causes like old age, but, where, a chronic illness hits us or the Big C, that can make us candidates to become terminally ill, it is added knowledge to understand and know what a DNR ( Do Not Resuscitate ) or an Advanced Directive is.

A DNR is just a type of an Advanced Directive, wherein the patient makes his/her wishes known to his/her family, friends and the Medical Staff. I have been witness to patients going into a Cardiac Arrest or, patients who become comatose, or sometimes termed as basket cases, wherein life is being sustained by mechanical ventilators, and tubing everywhere. You can feel the pain and stress

I

SPEAKING

of the family and friends who watch a loved one in this O ut condition. It would be worth

By Ignacio Bunye it, though, if the patient will come off it, better. But studies have shown that survival rate once a patient undergoes resuscitation is in the 6-15%, in a hospital setting. This becomes worse for patients with chronic illnesses, and those with malignancies.

To resuscitate or not, is actually a very difficult and touché issue , that we oftentimes shy away from discussing it.

But, I believe that it is always good to understand the basics of an Advanced Directive or a DO NOT RESUSCITATE. There must be a balance between quality of life and quality of death. An Advanced Directive is but a wish list, that a patient would want done or not done to him/her. It contains his/her desire as to the extent of medical attendance to his/her needs like, being attached to a mechanical ventilator, whether an endotracheal intubation is preformed, defibrillation done when the heart stops, medications that will be given or withheld.

A DNR on one hand is written as an order by the Attending Doctor, as per instruction of the patient or bunye/PAGE 10

Find your reasons

f you have enough reasons, you can do the most incredible things; you can get through the most difficult day; you can overcome the most unbelievable challenges.” – Jim Rohn For someone in his right mind to be asked, “Do you have dreams and goals in life?” A resounding “Yes!” for an answer is naturally but expected.

Living a life without concrete and realistic goals is like a ship leaving port into the open sea without any particular destination in mind. It’s like letting your sails catch the wind and just going to the direction where it blows – even if it’s leading you to the rocky shoals!

Imagine waking up one day not having any particular thing in mind to do. The day passes by with you going back to where you started, not being able to do much of anything of value. A day goes wasted. Imagine doing this on most days, most months, and most years of your life. How greatly stifling to your potential could it be?

A great mentor once directed, “Go validate each goal you have in life.” Is it a goal worth pursuing? Is it a goal worth trading your precious time for? And when this is properly established, you might ask something further to screen it out. Could you do it? Would you do it?

Can you do probably it? Can you go wake up at 3am everyday to sell fish in the market to earn a decent living? Can you burn the night candle for the next five

years after college to finish medical school? Can you have enough confidence to Financial D octor show a product to someone,

By Adonis Agcopra hoping you might profit if this person will buy this product from you? Can you be more disciplined to regularly save and invest 20% of your earnings to attain a bright and financially free future?

Most people would say yes, they probably can.

But would you really do it? “Yes I might, but...” And the buts and all self-limiting notions start kicking in. When you start going our of your comfort zone, you start treading unfamiliar territory and the butterflies in your stomach do start flying high.

“Yes I would struggle to become financially free, because I want to live life with the power to make my own choices. Yes, I would because...” And the more reasons you can provide after the “because” part, the more you will be compelled to do what needs to be done.

The more reasons you have in life for doing what you have to, the more courage you can muster and the more agcopra/PAGE 10

THE

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DTI to conduct info sessions on how to do business in free trade areas CAGAYAN DE ORO CITY, Aug. 8 -- The Department of Trade and Industr y’s (DTI) Bureau of Export Trade Promotion (BETP) in partnership with DTI Region 10 will conduct a series of information sessions on the ASEAN Economic Community (AEC) through its “Doing Business in Free Tr a d e A re a” ( D B F TA ) program on August 13 at N Hotel here, August 14 in Iligan and August 15 in Ozamiz.

The program is a massive advocac y campaign for businesses, industry groups, the academe, and other

stakeholders to increase their awareness as well as foster appreciation for the benefits of free trade agreements (FTAs), and how they could avail of these benefits.

Moreover, these sessions will discuss how businesses could increase trade with Philippine FTA partners.

FTA benefits include preferential tariff rates, harmonization of standards and more liberal regimes i n t r a d e, s e r v i c e s and investment.

As of year-end 2012, the region’s merchandise exports totaled $1.17 billion. These exports include fresh and

Republic of the Philippines Regional Trial Court 10th Judicial Region Branch 26 Medina, Misamis Oriental -oHOME DEVELOPMENT MUTUAL FUND EJF NO.352-M (Pag-ibig Fund) Cagayan de Oro Branch, rep.

BY FERDINAND F. SANIEL, FOR: EXTRAJUDICIAL FORECLOSURE

OF REAL ESTATE MORTGAGE

Mortgagee, UNDER ACT 3135, as AMENDED BY

ACT 4118 -versusSAMUEL P. BERNALTE

Mortgagor: X----------------------------------------------------- / SHERIFF’S NOTICE OF EXTRAJUDICIAL SALE

Upon extrajudicial petition for sale under Act 3135, as amended by ACT 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-ibig Fund) Cagayan de Oro Branch, rep. By FERDINAND F. SANIEL, mortgagee against SAMUEL P. BERNALTE, married to MARILOU C. BERNALTE, mortgagor with residence and postal address at Rizal St., Poblacion, Sugbongcogon, Misamis Oriental to satisfy the indebtedness of the mortgagor to the former in the amount of SIX HUNDRED EIGHTY SIX THOUSAND PESOS & 72/100 (P 686,721.72) Philippine Currency, including interest due, penalties and other charges excluding 10% attorney’s fees and other liquidated damages as of April 2, 2013 plus all other expenses incurred in connection with this petition and sale, the undersigned RTC Sheriff sell at the Public Auction on August 30, 2013 at 10:00 o’clock in the morning or soon thereafter at the Hall of Justice, RTC Branch 26, Medina, Misamis Oriental to the highest bidder for cash and in Philippine Currency, the following property with all improvements thereof to wit: Transfer Certificate of Title No. T-24652

A Parcel of Land (Lot 3,Psd-10-14023, being a portion of Psu-10-000231) situated in the Barrio of Poblacion,Mun. of Sugbongcogon, Prov. Of Mis.Or., Island of Mindanao. Bounded on the NE., along line 1-2 by Lot 2, of the Subd. Plan Psd-10-014023., on the SE., along line 2-3 by(Now) Lot 26, Cad-766-D., on the SW., along line 3-4 by Rizal Street, on the NW., along line 4-1 by Cabilin Street.

Beginning at the point marked “1” on the plan being N. 51 deg. 12’W., 7582. Is registered in accordance with the provisions of section 103 of the Property Registration Decree in the name of SAMUEL BERNALTE, of legal age, filipino, married to Marilou V. Caayaman, and a resident of Poblacion, Sugbongcogon, Misamis Oriental.

41 m. from BLLM No. 1, Pls-230;

thence 1-2S. 34 deg. 06’E., 22.17 m.

thence 2-3S. 54 deg. 38’W., 15.32 m.

thence 3-4N. 34 deg. 06’W., 22.06 m.

thence 4-1N. 54 deg. 16’E., 15.33 m. beginning: containing an area of THREE HUNDRED THIRTY NINE (339) square meters, more or less. All points referred to are indicated on the plan and marked on the ground as follows: Points 3-4 by BL, and the rest by PS cyl. Conc. Mons. 15 x 40 cm. BEARINGS TRUE, DATE OF Original Survey October 25,1975, and that of the Subdivision Oct.12,1988, executed by Romualdo S. Lagsa Geodetic Engineer and approved on September 26, 1990.

In the event of failure of bidding or auction sale cannot take place for whatever reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective bidders/buyers may investigate for themselves the title herein above described and encumbrances thereon, if any there be.

Medina, Misamis Oriental, July 15, 2013

(SGD.) ELLOGENE C. ATIENZA

RTC Sherrif IV

BWM: July 29, Aug. 5 & 11, 2013

Republic of the Philippines SUPREME COURT 10th Judicial Region REGIONAL TRIAL COURT OF MISAMIS ORIENTAL Cagayan de Oro City OFFICE OF THE EXECUTIVE JUDGE NOTICE OF HEARING Notice is hereby given that a summary hearing on the petitions for Notarial Commision of the following Notaries Public shall be held on August 19, 2013, at 2:00 in the afternoon at the Office of the Executive Judge. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.

1. ATTY. KEITH STEPHEN B. NG

Let a copy of this notice be published once in a newpaper of general circulation prior to the hearing, per A.M. No. 03-802-SC, at the expense of the petitioner/s.

Given this 5th day of August 2013 at Cagayan de Oro City, Philippines.

(SGD)HON. EVELYN GAMOTIN NERY Executive Judge BWM: August 11, 2013

processed fruits, marine products, beverages, food products, coconut products, chemicals, construction materials, electrical parts, glass manufacturers, machinery, medical supplies, minerals, oils, paper manufac turers, r ubb er, f u r n itu re, hous e w are s , fashion accessories, footwear and toys.

The AEC hopes to further integrate the Association of South East Asian Nations (Asean) into the global economy.

Asean has its own free trade agreement (AFTA) among its member countries as well as

with China (ACFTA), India (AIFTA), Korea (AKFTA), Ja p a n ( A J C E PA ) , a n d Australia and New Zealand ( A A N Z F TA ) . As e an is also working on the Asean Regional Comprehensive Economic C o op eration (ARCEP) involving all six Asean partners.

The Philippines is a signatory to all six Asean FTAs plus one bilateral FTA with Japan, the Philippines Japan Economic Partnership Agreement (PJEPA).

Partnering with DTI in the effective and sustainable delivery of DBFTA projects in Northern Mindanao are

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod , Lanao del Norte NOTICE OF EXTRA-JUDICIAL SALE EJF NO.: 176-07-2013

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1ST Valley Bank Inc., Baroy Lanao del Norte against PEDRO VILLACRUZ, Sto. Nino Village, Baroy Lanao del Norte to satisfy the indebtedness which as of April 23, 2012 amounting to THREE HUNDRED FIFTY THOUSAND PESOS (Php 350,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 24th day of September 2013 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES Transfer Certificate of Title No. T-600 LOT NO. Pls-13 (H-500962)

Bounded on the bounded on the NE by Lot 3113 of Lala Pls-13 and Road; on the SE by Lots 2419 and 2418 of Lala Pls-13; on the SW by Road and Lot 1931 of Lala Pls-13 and on the by Lots 1931 and 1929 of Lala Pls-13 bearing true description situated at Princesa, Baroy, Lanao del Norte.

Together with all the improvements found thereon.

Under the TRANSFER CERTIFICATE OF TITLE NO. T-600 in the name of PEDRO VILLACRUZ.

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

Tubod, Lanao del Norte, Philippines, this July 22, 2013.

For the Clerk of Court and Ex-Officio Sheriff (SGD.) CONRADO V. HINGCO, JR. Sheriff IV

BWM: Aug. 5, 11 & 18, 2013

SPEC. PROC. NO. 2013-056

LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent. x------------------------------------------/ NOTICE OF HEARING Petitioner through counsel , filed a verified Petition for the Correction of Entry in the Birth Certificate of Elsie Nacion Famor.

Finding said petition sufficient in form and substance, the same is hereby given due course. The Petitioner is hereby directed to cause this Order to be published once a week for three (3) consecutive weeks in a duly accredited newspaper of general circulation in the City of Cagayan de Oro, Province of Misamis Oriental, at her own expense.

Let copies of this Order be posted in the Bulletin Board of the City Hall, Cagayan de Oro City, Bulletin Board of the Local Civil Registrar of Cagayan de Oro City and the Bulletin Board of this Court.

This case is set for hearing on October 10, 2013 at 9:00 AM at the Session Hall of this Court. The Civil Registrar and any person having or claiming any interest under the entries whose cancellation or correction is sought may, within fifteen (15) days from notice of the Petition, or from the last date of publication of such notice, file his/her opposition thereto.

Let a copy of this Order be furnished the Office of the Solicitor General, Office of the Local Civil Registrar of Cagayan de Oro City, the Petitioners and their counsel.

SO ORDERED Given this 31st day of July 2013 at Cagayan de Oro City.

(SGD)MARITES FILOMENA B. RANA-BERNALES

Presiding Judge BWM: August 11, 18 & 25, 2013

Institute of Technology and De La Salle University in Ozamiz.

Resource speakers include dti/PAGE 11

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL SUR 12th Judicial Region Branch 10 Hall of Justice, Marawi City IN THE MATTER OF CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF NOR-AINIE DATU CARIS,

NOR-AINIE DATU CARIS, Petitioner,

SPL. PROC. NO. 2111-13

-versusTHE CIVIL REGISTRAR OF MUNICIPALITY OF TAMPARAN, LANAO DEL SUR, Respondent. x----------------------------------------------x ORDER

Before this court is a verified petition for correction of entries in the certificate of live birth of NOR-AINIE DATU CARIS dated 4 February 2013, and which reads in part : 1. Petitioner is of legal age, married, and a resident of Barangay Oriental Linuk, Tamparan,lanao del Sur; 2. Respondent is the incumbent Civil Registrar of the Municipality of Tamparan, lanao del Sur, whose office is located at Municipal Hall Compound, Municipality of Tamparan, Lanao del Sur, where it may be served with summons and other court processes; 3. Petitioner was born on March 15, 1979 to his parents Ibrahim Pamindo Caris and Samina Launto Datu Digandang at Linuk, Tamparan, Lanao del Sur; 4. Petitioner’s middle name was erroneously declared in her Certificate of Live Birth by a typist who inadvertently typed her MIDDLE NAME (entry no. 1) as DATUIGANDANG instead of DATU, and such error was discovered when the petitioner secured Security Papers (Secpa) of her Certificate of Live Birth from the National Statistics Office (NSO) sometimes in April 2010; (A copy of the Certificate of Live Birth of the Petitioner is hereto attached and marked as Annex ‘’A’’ and made integral part thereof.)

5. Petitioner has been consistently using the correct and true MIDDLE NAME as DATU in all her transactions as evidenced by valid Postal ID and Official Transcript of Records from Mindanao State University (MSU)- Marawi City which are hereto attached and marked as Annex ‘’B’’ and Annex ‘’C’’ respectively and made integral parts thereof; 6. This petition is filed without any slightest intention to defraud o prejudice the government or any person, its ultimate purpose is to rectify erroneous entries in the public records in the Civil Registry Office reflective of the petitioner’s true and correct middle name as appearing in here government records; 7. Petitioner submits that nobody will be prejudiced by granting this petition; Police Clearance and NBI Clearance of the petitioner are hereto attached and marked as Annex ‘’D’’ and Annex ‘’E’’ respectively and made integral parts of the petition.

Findng the aforesaid petition to be sufficient in form and substance, it is hereby ordered that the same be set for hearing before this Court on September 3, 2013 at 8:30 o’clock in the morning.

Let a copy of this Order be published at the expense of the petitioner in a newspaper of general circulation in Lanao del Sur or Marawi City or Iligan City for three (3) consecutive weeks.

The Civil Registrar of Tamparan, Lanao del Sur and the Civil Registrar General, or any person or party who has an interest in the petition , may file his/her opposition thereto within fifteen (15) days from notice of this Petition or from the last day of publication of this Order.

Further ,let this Order be posted for fifteen (15) days prior to the date of hearing in the Bulletin Board of the Civil Registrar of Tamparan, Lanao del Sur; Bulletin board of Marawi City and the Bulletin Board of this Court, also at the expenses of the petitioner.

The petitioner is directed to notify this Court of the publication of this Order not later than three (3) days before September 3, 2013.

Furnish copies of this Order, together with the copies of the petition , to the Civil Registrar of Tamparan, lanao del Sur, the Hon. Solicitor General, Makati City; and the Hon. Civil Registrar General, National Statistics Office (NSO), Santa Mesa, Manila.

SO ORDERED.

Marawi City, Philippines, July 24, 2013-08-05 (SGD)WENIDA B.M. PAPANDAYAN

Presiding Judge BWM: August 11, 18 & 25, 2013

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 39 Cagayan de Oro City IN THE MATTER OF THE CORRECTION OF ENTRY IN THE BIRTH CERTIFICATE OF ELSIE NACION FAMOR, Petitioner, -versus-

PhilExport Region 10 and several academic institutions such as Xavier University, Capitol University, Mindanao State University – Iligan

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Syntactics Inc. Hosts Digital Influencer Boot Camp – CDO C agayan de O ro City -- One of the trusted SEO companies in the Philippines - Syntactics Inc. - hosted the DigitalFilipino Digital Influencer Boot Camp last July 27, 2013 at Syntactics Inc.’s Office.

As the only Digital Filipino Member in C agayan de Oro City, Syntactics Inc. Took helpws pre p are an d h o s t t h e event to give Cagayan de Oro City establishments, professionals, bloggers and SEO Enthusiasts the chance to learn from no less than Ms. Janette Toral herself.

The turnout was indeed successful as 40 participants registered for the said event. According to Ms. Toral’s post on Facebook, this is so far the largest number of participants for a Digital Influencer Bootcamp to date!

The Digital Influencer Boot Camp talked about “how to do digital marketing online effectively.” It tackled topics such as: ● How to create your online presence in an effective way ● The Digital Marketing Policies ● How to do Search Engine

Marketing - the right way ● Email and newsletter Marketing ● Social Media Marketing The speaker for this Digital Influencer Bootcamp was MS. JANETTE TORAL - the owner of DigitalFilipino. com, and e-commerce and social media specialist.

She is also known as the “Mother of E-Commerce Law in the Philippines,” and founded the Philippine Internet Commerce Society in 1997.

M s . To r a l s h a r e d hands-on knowledge about Digital Marketing to the participants, including tips based on her own experience on how to sell your business like hotcakes online through some examples of successful campaigns.

Ms. Toral also spoke about the right way to create a user-friendly website that would hold the visitors’ attent ion and conver t them to customers. She shared best SEO practices that can really help boost the website’s ranking and some SEO tools that help a website go viral over the Internet and how to do the

Ms. Janette Toral

correct email marketing.

Lastly, she discussed how to handle crisis and do reputation management if a problem occurs.

“Because of this turnout, we are more eager to host m o r e b o o t c a mp s a n d training here in Cagayan de Oro. We will be more than happy to find ways to share our knowledge and passion with the community. Of course, we would have not accomplished this also if it were not for the committee, t h e e nt i r e S y nt a c t i c s

Granvia Suites offers peaceful living away from the bustles of the main city NO doubt Cagayan de Oro City is steadily growing and fast becoming a dominant metropolis in the country.

Wi t h t h e i n c r e a s e i n economic activities and the growth of real estate developments, more migration into the city is expected to follow in the next few years.

Based on sociological studies, migrations of future permanent settlers and travelers will, unless pro-acted on, result in social concerns as traffic congestion, crowding at certain areas and noise th at any typ ical city experiences.

Even this early, it would be essential for one to entertain the idea of living in a home far from the bustles of the city yet near enough for one to practice one’s profession or to undertake one’s daily trade, noted Michele D. Chiu, an executive of a property developer.

Chiu said this idea brought to fore the concept of developing Granvia Suites in upper Carmen district by longtime Mindanao developer Johndorf Ventures Corp.

(JVC).

“Granvia Suites is just 15 kilometers away

from the city center yet its residents can already live in the comforts of what a home should be,” pointed out Chiu, sales and marketing manager of JVC. 40 percent JVC started to build Granvia Suites last year and finished the construction just recently.

Of the 87 condominium units, the company has already sold out 40 percent with all these and the rest now ready for occupancy.

While the market in

Cagayan de Oro and the rest of Mindanao is still used to the traditional house and lot packages, Chiu noted that condominium living is beginning to be accepted, especially with the advantages seen in Manila and Cebu. “ H a v i n g a condominium is also a worthy investment as the owners could later on opt to lease it out to transients, migrants and new families among the locales,” Chiu pointed out.

For more information about Granvia Suites, one may contact any accredited broker or visit the Johndorf office at Unit 7 of Jofelmor bldg. on Mortola St., Cagayan de Oro City or call (088) 857-8575.

family and of course for our par ticipants” said Ms. Stephanie Caragos, President and CEO of Syntactics. Inc. "We were s o happy to s ee that e ver y b o dy participated well and were even very eager to learn.

Some of the participants even lingered longer to be able to talk to Ms. Toral and Ms. Caragos," a particpant said."Clearly this shows that Cagayan de Oro is ready to learn more about doing business online "

Metamorphosix:

Redefining Culture and Arts Xavier University’s Xavier Center for Culture and the Arts (XCCA) presents Metamorphosix: Redefining Culture and Arts for its 6th cultural season for the school year 2013-2014.

XCCA creates, delivers, strategizes, manages and implements culture and arts programs (Filipino and foreign; classical and contemporary) as part of the formation framework of Xavier University for its constituents and the community.

XCCA also recognizes, acknowledges and promotes Xavier University’s artistic potentials, cultural and historical heritages. It develops and sustains artistic talents resources for Xavier and the community as well.

The center contributes to the community’s development through culture and the arts which are complementary with other institutions and universities in Mindanao.

And it forges partnerships, linkages and collaborations with government agencies, organizations, cultural workers, national and international funding

institutions and agencies.

The Center’s programs, namely: Museo de Oro, Artistic Excellence, Cultural Education, Culture and Development, Culture and Arts Research Documentation and Publication, and Support Service Program are geared toward the fulfillment of the University Development Goals on Stronger Formation, Greater Societal Engagements and Better Administration.

This season, much is anticipated. The on-going Museo de Oro renovation is expected to finish soon serving the community with Mindanao/ Filipino History, E t h n o g r a p h y, C u l t u r a l Heritage and Folklore – all for cultural education, research, protection, preservation and promotion of our Filipino identity and memory.

Audiences can look forward to productions from the University’s Performing Arts Companies. The Cultural Dance Troupe will hold “4-D Ateneo Sayaw,” cutting edge performances of Filipino Folk and Ethnic Dances.

XU Glee Club is preparing for “Kay Ganda ng Ating Musika,” a celebration of

Filipino Art Music.

Dulaang Atenista is marking its 25th anniversary with “Relasyon Rebelasyon” and the Ateneo Theater Festival which is also coproduced by XCCA. The Xavier Stage will present “Realizing Shakespeare,” an array of Shakespeare classics adapted in Cebuano and Filipino. Xavier Philharmonia continues to develop its ensemble with trainings and recitals. “Sining Galing,” a Xavier Ecoville Arts Program for the Youth will also be implemented from August to December. “Sining Galing” is funded by the National Commission for Culture and the Arts (NCCA) through its Cultural Education Committee Xavier Center for Culture and the Arts reiterates that cultural and artistic work and action are essential aspects to the formation of human character not only for identity but for the strong sense of importance of Humanity.

Cultural and artistic protection and promotion are also pillars of sustainable development.

Lastly, culture and arts make our lives better for they are free.

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When your in Cagayan de Oro City and any part of Northern Mindanao, read...

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Benefit... from page 2

of the Interior and Local Government (DILG), and the Department of Budget and Management (DBM) during a recent convention in Surigao City.

The presentation was in accordance with the joint Memorandum Circular of the DBM, DILG, Department of S o c i a l We l f are an d D e ve l opm e nt , an d t h e Nat i o n a l A nt i - Pov e r t y Commission, which requires all LGUs to provide a 30 percent counterpart fund for every BuB project for the highly urbanized cities, 20 percent in other cities, 15 percent for first, second, and third-class municipalities, and five percent for fourthto sixth-class municipalities.

The funding will be taken from the approved 2014 Annual Investment Plan (AIP) and Annual Budget of the LGUs. Matugas said the BuB program is a manifestation that Surigao del Norte gives emphasis on transparency, accountability, and full disclosure of all projects i mpl e m e nte d t h at w i l l prioritize the needs of the people. (MB)

Trains... from page 2

in cooperation with the San Miguel Mills, Inc. and the Department of Social Welfare and Development (DSWD).

The sessions included Skills Training on Baking (Black Forest Bread, Cheese Stick Bread, Sweet Savory Bread and Ube Loaf); Product Pricing and Costing to allow participants to effectively compute the costs of their products and come up with reasonable and competitive prices; and Product Packaging and L ab el i ng to te a ch participants the market trends in packaging and labeling they can apply on their products.

The activity came in the heels of the 35th celebration of the National Disability Prevention and Rehabilitation (NDPR) week. This year’s theme “Building an Inclusive and Non-Handicapping Environment for Persons with Disabilities,” aims for the effective integration of PWDs into the mainstream of society.

The SRA is one of the flagship programs of the agency conceptualized to be a continuous learning program for the development of micro, small, and medium e nt e r pr i s e s to b e c om e competitive in the domestic and international (global) markets.

Through the SRA, the DTI, in partnership with the local government units (LGUs), chambers of commerce, academe, financial institutions, trade and industry associations and other government and nongovernment organizations hopes to facilitate not only the learning stages but also other support services to assist SMEs to grow from micro to small to medium

and large should they desire to do so.

T he SR A h a s s e ve n learning stages, namely: startup and capability building, market awareness, market readiness, export readiness, export market entry, export sustainability, and export expansion. (PIA)

Ayala... from page 3

use developments. These developments are further e n h a n c e d by o u r n e w products and joint ventures that will enable us to have hotels, department stores, supermarkets, convenience stores, and medical facilities to complete our masterpl anne d communit ies,” Aquino said.

A L I ’s property development segment registered P23.84 billion in revenues in the first semester, up 52 percent from P15.70 billion a year ago. This business includes the sale of residential lots and units, as well as rentals on office space, commercial and industrial lots.

Strong bookings across all brands lifted the revenues of the residential segment by 28 percent to P18.40 billion from last year’s P14.38 billion.

Sales take-up value for the six-month period hit P43.79 billion, equivalent to an average monthly sales takeup of P7.30 billion, which is an all-time high.

The comp any’s four residential brands launched a combined 10,130 units with a total sales value of P30.64 billion. The rollouts represent about a third of its planned 31,000 unit launches for the entire 2013.

The company is on the penultimate year of its 5-1015 plan, launched in 2009 with the world economy still reeling from the effects of the global financial crisis. Under the five-year plan ending 2014, the real estate firm aims to have a net income of P10 billion and a return on equity of 15 percent.

Coal... from page 3

Coal Asia, according to its Web site, is an investment holding company engaged in the acquisition of companies specializing in the exploration, development, and mining of coal and other energy-related businesses in the Philippines and in Asia.

C o a l As i a m a d e it s initial public offering at the Philippine Stock Exchange in October last year.

The company reported P53.327 million in net loss from June 11 to Dec. 31 last year. Sales totaled P50.487 million and cost of goods sold, P31.790 million. It then posted a P119,131 net loss in the first quarter.

In the same three months, it booked an interest income of P2.656 million as well as P3.527 million in general and administrative expenses.

PCSO... from page 4

allocate P275 million for its advertisements and said that they might even decrease their PR funding in 2014.

“We are decreasing this year by year. We use these funds to create awareness and provide the public with information on how to get medical and health-related assistance,” he said.

When asked by Rodriguez if the PCSO could decrease the P275 million PR budget some more, Rojas said that it was necessary for the agency to put “buffer” funding because of “payables from the past.”

“A lot of our suppliers keep coming to our office to keep accounts from 2006 to 2010 paid. We are in the direction of reducing the PR budget but we have to have that buffer every year,” said the PCSO general manager.

Pagcor... from page 4

As a s elf-sust aining government entity, Pagcor receives no budget from

Congress. Their appearance at the budget briefing is because of the oversight function of Congress over Pagcor.

Rodriguez said Pagcor can easily turn to law enforcement agencies should it need to address crimes.

He said he does not see the need for Pagcor to advertise since it has no competition in the gaming industry.

The lawmaker said the money should instead be diverted to other government projects it can support.

How much is Pagcor earning?

Pagcor is projecting an income of P45.47 billion for 2014.

Pagcor president George Sarmiento said the projected revenue is an increase of P2.5 billion or 5.99% from the 2013 revenue.

He said the agency will achieve this by marketing strategies, improvement of facilities enhancement of casino services.

Sarmiento also reported that the agency contributed he av i ly to gove r n me nt projects, particularly schoolbuilding construction, school desks, scholarships, a football scholarship program and disaster relief efforts.

The schoolbuilding programs aims to build over 1000 classrooms in 239 sites.

Pagcor derives its income from gaming operations.

Mandatory remittances to government for 2014 will likely reach P23 billion for 2014. Fifty percent of revenue after franchise tax goes to the national treasury.

Pagcor expects a 3rd major casino to open in the country in the last quarter of 2014.

Hurst... from page 6

So this Christmas, why don’t you ask Jesus to forgive you for all your wrongs and living for yourself.

Then ask Him to help you start living His right, successful way: to serve, help, and give to others.

You‘ll be the happiest

one for it.

Just Think a Minute…

Batas... from page 6

“That is from the Holy Bible, particularly in its 2 Timothy 3:1-5. Now, why are these things happening?

The Bible, in the book of 1 Timothy 4:1, tells us the reason why these things are happening: `The Spirit clearly says that in later times some will abandon the faith and follow deceiving spirits and things taught by demons…’

-ooo DEMONIZED AND DEVILISH: “And, f rom 2 Timothy 4: 3, there is likewise an explanation as to why s ome p eople will become demonized and devilish. It says, many will no longer listen to sound teachings, and would instead hear only the things they would want to hear, from preachers or teachers who will talk only about what these people will want to hear.

“This part of the Bible says: `For the time will come when people will not put up with sound doctrine.

Instead, to suit their own desires, they will gather around them a great number of teachers to say what their itching ears want to hear.

They will turn their ears away from the truth and turn aside to myths…’

“And Romans 1 tells us exactly that because people are turning away from the truth, their thinking became futile and their fo olish hearts became darkened, so that Go d gave them over to `wickedness, evil, greed… depravity… envy, murder, strife, deceit… malice… (becoming) gossips, slanderers, Godhaters, insolent, arrogant… boastful… invent(ing) ways of doing evil… disobey(ing) their parents… (with) no understanding, no fidelity, no love, no mercy…’ So I say, let’s boycott Facebook

now!!!

-ooo REACTIONS? Please call me at 0917 984 24 68, 0918, 574 0193, 0922 833 43 96. Email: batasmauricio@yahoo.com, mmauriciojr111@gmail. com.

Bunye... from page 6

the family. This is written down in the chart.

Just like an advanced directive, it also mentions what should be or should not be done to the patient, should the patient go into cardiac or respiratory arrest.

In both instances, basic medical care like the giving of oxygen is not denied the patient.

It i s i mp or t ant t o discuss these matters with their Clinician, in order to appreciate the medical condition of their patient, what to exp ect and the prognosis, in order for them to arrive at an informed decision. It eases the burden on the family in making that crucial decision with regards the continuance or discontinuance of certain treatment modalities for their terminally ill patients.

A m aj or c on s i d e r at i on would be, if the benefits far outweigh the burden, and if the intervention can improve the quality of living of the patient. But more than the unburdening the family, is the very thought, that the patient is spared from the unnecessary pain and suffering. For to die with dignity is as much of a right as well as a gift.

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Demand...

Agcopra...

“Alamang” from Murcielagos Bay, Misamis PSALM... from page 1 from page 1 from page 6 Occidental is still unsafe to eat – BFAR parties should pay a non- not just in this city but also you will be in pursuing

By Rutchie C. Aguhob

O R O Q U I E TA C I T Y, M i s a m i s Occidental, Aug. 8 (PIA) -- All types of shellfish and “alamang”” or minute shrimps, commonly called “uyap” or “uyabang” gathered from Murcielagos Bay continues to be unsafe for human consumption.

Hence, the public is again advised “not to harvest,” “not to eat,” “not to sell” and “not to buy” shellfish or alamang from Murcielagos Bay, which is located at the boundary of Misamis Occidental in region 10 and Zamboanga del Norte, region 9, Atty. Asis G. Perez, Director of BFAR, said.

This warning is published in this year’s Shellfish Bulletin No. 18, dated July 26 of BFAR, after the latest laboratory results show that the shellfish collected in the area have been found still positive for paralytic shellfish poison that is beyond the regulatory limit.

However, fish, squids, shrimps and

crabs gathered from the area are safe to eat, provided they are fresh and washed thoroughly and their internal organs, such as, gills and intestines, are removed before cooking, Perez said.

Also unsafe to eat are the shellfish collected in the following areas: Dumanquillas Bay in Zamboanga del Sur, Matarinao Bay in Eastern Samar, coastal waters of Calbayog City, Cambatutay Bay and Irong-Irong Bay, all of Western Samar, Masinloc Bay, Zambales, Honda Bay, Puerto Princesa City, Palawan and Balite Bay, Mati, Davao Oriental.

Meanwhile, BFAR said the following coastal waters in Mindanao have been found to be free from toxic red tide, therefore, the shellfish gathered from these areas are safe to eat: Taguines Lagoon in Benoni, Mahinog, Camiguin Island and Hinatuan, Bislig and Lianga Bays in Surigao del Sur. (RCAguhob/PIA10-Misamis Occidental)

A representative from the Department of Interior and Local Government (DILG) in Lanao del Norte (LDN) calls on all local government units (LGUs) to cooperate with the private survey contractor and the DENR in the completion of the Cadastral Survey Projects in the province. He sounded the call during the presentation of the complete political boundary survey of Poona Piagapo in Lanao del Norte. (Marlowe M. Paragas/denr-rpao)

refundable fee of P10,000 for the bidding documents.

T h e s t at e f i r m h a s scheduled the auction for Sept. 4, with a pre-bid conference on Aug. 23.

PSALM was formed under Republic Act 9136 or the Electric Power Industr y Reform Act of 2001 to assume ownership of and manage all of National Power Corp.’s assets, liabilities, contracts with independent power producers, real estate and other disposable assets.

Projects... from page 1

region,” President Benigno Simeon Aquino III proudly told delegates of the 22nd Mindanao Business Conference Thursday at SMX Convention Center at SM Lanang Premier here.

Aquino said the big increase of allocations would mean that it is more than half of what has been allocated in the last three years.

“We have also begun work on major roads in Mindanao such as the Lake Lanao Circumferential Road Project worth P767-million, which will be completed in February 2015,” he said.

He said the Department of Tr ans p or t at i on an d Communication, the Civil Av i at i o n Au t h o r i t y o f the Philippines, and the Philippine Ports Authority are also in the process of constructing or rehabilitating 15 airports and 46 ports.

DE ORO MAINincluding BRANCH CAGAYAN “And, this is not P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., the Laguindingan Airport, Tel. # (08822) 727-829 * # (088) 856-1947 w h i c hTelefax f i n a l l y began CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, operations a few months Camiguin Tel. # (088) 387-0491 ago,Corrales after being put off for CORRALES BRANCH Ave., Cagayan de Oro City 22 years,” he said.

DIVISORIA BRANCH Erasmo B. Damasing Bldg., #61 Don A. Atty.The said the VelezPresident St., Cagayan de Oro City Tel. # (088) 857-3631 goal is “to see a Mindanao LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City economy longer stifled by Tel.no # (088) 231-6739 CARMEN BRANCH lackVamenta of proper roads, ports, Blvd., Cagayan de Oro City Tel. # (088) 231-2011 or airports.”

in Koronadal, Tagum and General Santos cities.

Before this, he recalled, property firms had been of fe r i ng hous e - and - l ot packages measuring 120-180 sq.m. worth P2-4 million.

He said prospective buyers have recently begun seeking lots that could accommodate landscaping -- a sign of growing market prosperity.

This, he said, is especially true of families of overseas Filipino workers.

Another growing market segment the company has been targeting consists of the self-employed, Mr. Escalicas said.

“Affordability is just secondary now,” he noted.

Camella Communities is not the only company that has noticed such demand.

At Fairlane -- a new seven hectare middle segment to upscale residential project about five kilometers south of this city’s downtown area -- developer Damosa Land Inc. of the Aflo Group of Companies has upsized house-and-lot packages to as big as 250 sq.m., said Alex G. Gocotano, project manager.

He said in a separate interview that the company decided to revise its offerings after prospective buyers began seeking lots bigger than 200 sq.m.

them to completion.

Go for a quest and find the biggest reas ons for your success. Find enough reasons to be financially free! Then let your financial freedom fuel your dreams of living life to the fullest.

Do it now!

---- (Dr. Adonis Agcopra, MBA, CIS, RFC® is with the IARFC and is portfolio director of AFIC Meridian Consultants. URL: www. aficfinancialconsultants. c o m .

E m a i l : aficfinancialconsultants@ outlook.com.)

DTI... from page 7

BETP Assistant Director Jason Lao, PhilExport region 10A Executive Director Michael Joseph Ignacio and Vice-Dean of the College of Law of the De La Salle University – Manila Atty.

Jocelyn Cruz.

For more information, contact Mila Lasquites of DTI -10 at phone number (08822) 729.291 or 722.278 or fax at (08822) 726.354 or email at dti.r10@gmail.com or r10@dti.gov.ph.

The BETP has b een conducting DBFTA info sessions since 2010, reaching out to stakeholders in various regions in the country. (DTI– 10/ JMOR/PIA)

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

IRR for Mindanao gensets released THE ENERGY department issued yesterday the implementing rules and regulations (IRR) of the government’s modular generator program for power distributors in Mindanao.

President Benigno S. C. Aquino III last month issued Executive Order (EO) 137, establishing the Mindanao Modular Gensets (generating sets) Program for a loan facility that Mindanao electric cooperatives (ECs) can tap to acquire gensets.

The said program was set up “to provide the needed additional power supply to electricity endusers in Mindanao.”

The generators are expected to augment the demand for power in Mindanao at least until 2015, or when new power plants are expected to start operations.

Consultations were held early this year to address the power problem in Mindanao, with the Energy department eventually recommending the purchase of 199 modular diesel-fed generators for Mindanao ECs. The Electric Power Industry Reform Act of 2001, however, prohibits the government from buying additional generating capacity unless the existing law is amended. As a stopgap measure, EO 137 provided ECs with financing options so that they can purchase the needed generators.

For the program, the EO has directed the Budget department to release P4.5 billion, which will be sourced from the Malampaya fund.

The Energy department has been tasked by the EO to issue the IRR, released yesterday as Department Circular No. DC 2013-08-0019.

The genset program is “to provide an immediate relief or an alternative measure to supply the needed power in each of the franchised areas of the ECs in Mindanao while power generation projects are still under various development stages,” the circular read.

Under the program, EC management can either retain the gensets or return them to the government when the power supply situation in Mindanao eases.

The IRR further states that a loan facility is open to all Mindanao ECs that decide to acquire the gensets. It has an interest rate of 6% or less, and loans will be released to those who can secure gensets within three months or less.

The circular added that participating ECs must execute a loan agreement with the National Electrification Administration (NEA), which in turn should have Energy department-approved templates of the agreement.

To acquire gensets, “participating ECs or AMRECO (Association of Mindanao Electric Cooperatives)

may resort to other methods of procurement apart from bidding; provided that such method shall meet the standards of competitive selection process of NEA,” or the Energy department, the circular stated.

“For this purpose, the NEA shall require the presence of its representatives and that of the Energy department, in the conduct of all processes relating to the acquisition of modular gensets by the participating ECs,” the issuance read.

As for cost recovery, ECs that avail of the program should be responsible for the operation and maintenance of gensets, either through a third party or by their own administration.

“The NEA shall assist the ECs in the preparation and filing of the petition before the Energy Regulatory Commission for the cost recovery,” the circular added.

The Energy department also tasked NEA to develop a plan for the disposal of returned gensets, with a priority given to National Power Corp.’s Small Power Utilities Group areas.

The NEA was also directed to submit a quarterly report on the implementation of the program. The report must include details on the beneficiaries and amounts of actual use and disbursements.

The circular will be effective 15 days after publication or within the month.

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