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BusinessWeek Mindanao (August 9, 2017)

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BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 27

Market Indicators As of 5:45 pm August 8, 2017 (tuesday)

FOREX

PHISIX

US$1 = P50.44

7,986.51

X

9 cents

5.76

X

points

Briefly Quota

DAVAO CITY — Fisherfolk here are asking the Department of Agriculture (DA) to increase the tuna allocation for distribution at the city’s wet markets to 20 metric tons (MT) per day from the current 3.5 MT due to the large excess catch that needs to go into cold storage. “We are faced with the problem of not being able to distribute excess tuna supply to the local wet markets as we are limited to the 3.5 MT allocation per day,” said Argie Lumibao, United Davao Fishport Business Association President and the city’s Fisheries and Resource Management Council (FARMC) chairperson. Mr. Lumibao said the industry is often forced to use cold storage for next-day distribution of product, which means extra costs.

Airport expansion DAVAO City -- The Department of Transportation (DOTr) 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 Wednesday by Caap-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 here as compared the 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 the tourism sector. The tourism and business sector even clamored for the creation of the Davao International Airport Authority.

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By DARWIN WALLY T. WEE, PNA

AMBOANGA City -- The Regional Board of Investment in the Autonomous Region in Muslim Mindanao (RBOIArmm) is making a representation to encourage Australian executives on the needed economic investment to shore up development in Armm—one of the key solutions to the root causes of the chronic security problem in the region.

FROM SINGAPORE WITH LOVE. Singapore Red Cross youth volunteer Lim Chong Tee helps unload the cargoes from a Singapore military cargo plane that landed on Monday at the Laguindingan airport in Misamis Oriental carrying dozens of humanitarian relief items including sets of WateROAM, a water filtration solutions that bring about the quickest access to clean drinking water at disaster-hit locations. photo by gerry lee gorit

Ishak Mastura, RBOIArmm chief, along with other economic and trade officials, flew to Australia in Sunday, August 6, to participate in the week-long trade and investment mission from Monday, August 7, until, August 11. The week-long event is organized by the Board of Investments (BOI) under the Philippine Investment Promotion Plan (PIPP)

program. Mastura said the trade mission came at a critical time when Mindanao, particularly Marawi City, is facing a crisis. “ The Australian newspapers are full of stories and opinion columns that are referring to the Marawi crisis as the Islamic State (IS) presence at their doorstep due to the proximity of Mindanao, particularly to Darwin in investors/PAGE 11

Singapore sends aid for Marawi evacuees By FROILAN GALLARDO, MindaNews

LAGUINDINGAN, Misamis Oriental— A C130 plane of the Republic of Singapore Air Force landed on Monday at the airport in this town bringing relief items for people displaced by the ongoing siege in Marawi, marking the growing concern

of other Southeast Asian over the threats of terrorism in the region. The plane brought 30 sets of tent, 3,120 food packs, three medical supply sets, 200 pieces of blankets, 64 sets of dynamo lights and aid/PAGE 11

Japan donates $2-M for Marawi rehab THE Japanese government donated $2 million (about ¥222 million) to the Philippines to augment relief operations in Marawi City, where troops are fighting pro-Islamic State (IS) groups occupying the city. According to a statement posted on the Web site of the Japanese Embassy in Manila,

Tokyo’s humanitarian grant will be channeled through the United Nations World Food Program (WFP) and the United Nations Children’s Fund (UNICEF). “A m ong $ 2 , 0 0 0 , 0 0 0 , $1,200,000 that are allocated to WFP will be used to provide meals for the affected donates/PAGE 11

BEAST VS. MACHINE. A carabao aides a farmer in hauling harvested corn while a tractor plows the field for a new planting season at Canayugan town of Bayugan, Agusan del Sur. photo by jun ayensa

MisOr poverty incidence rate down 1% MISAMIS Oriental -- The poverty incidence rate in Misamis Oriental is down by one percent. G ov. B a m bi E m a n o announced this based on data

released by the Provincial Inter-Agency Committee (PIAC) on the National H o u s e h o l d Ta r g e t i n g System-Poverty Reduction of the Department of Social

Welfare and Development and Development Office (PSWDO). “Daghan nangutana kon ngano nga daku na akong poverty/PAGE 10

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Economy

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OCD conducts PCNA training for ‘Bangon Marawi’ agencies ILIGAN City -- In preparation for the recovery and rehabilitation plans of the government for Marawi City, the Office of Civil Defense (OCD) conducted a training on Post-Conflict Needs Assessment (PCNA) at Mahogany Hills, Pala-o this city. More than 235 participants composed of employees and officials of the local government units (LGUs), government line agencies, Mindanao State University (MSU) staff and technical staff from the Philippine Army (PA) attended the said

training from August 3 to 6. Lenie D. Alegre, chief of OCD’s Post Disaster Evaluation and Management Division-Rehabilitation and Recovery Management Service, said that the training aims to track the damage, losses and impacts of the Marawi conflict and to assess the needs of the people affected by it. “PCNA result will be the basis for comprehensive recovery and reconstruction program for Bangon Marawi. Hopefully we can do this right, because we are targeting that by September, we will

have an approved PCNA report,” Alegre explained. Topics include Disaster Rehabilitation and recovery in the Philippine Disaster Risk Reduction and Management System (PDRRMS); Introduction to Post Conflict Disaster Needs Assessment; Operational Definition of Terms; PDCNA Framework; Human Recovery Needs Assessment; PCNA Sectors; Steps in conducting PCNA; PCNA Teams and Mission; and linking PCNA with Development. Participants, were grouped into four groups: social,

infrastructure, cross-cutting and productive sectors. They would be trained to strategize plans through exercises and plenary discussions as they will be conducting actual on-site assessment in Marawi City and other affected areas

starting this week. “ The topics are ver y much informative and well explained by the speakers”, said by one of the participants, Farouk S. Balindong Sr., officer-in-charge, Provincial Engineering Office of Lanao

del Sur. Balindong also hopes that the knowledge acquired from the training will be applied during their fieldwork to help the internally displaced persons (IDPs) affected by the Marawi Crisis.

Construction of P9-B new Zambo airport pushed ZAMBOANGA City -- The long-awaited construction of a new airport in this city has been endorsed as a priority project to the national government for f u nd i ng , Mayor Mar i a Isabelle Climaco-Salazar said Tuesday. “A n e w Z amb o ang a International Airport (ZIA)

project costing P9.87 billion has already been endorsed as priority to the national government by the National Economic and Development Authority (Neda),” Salazar said. Salazar said the endorsement was made by the Mindanao Development Authority (Minda), citing a

study that showed the existing airport in Barangay Baliwasan is no longer viable for future expansions, thus, the need for a new airport location. A new airport location is also necessary due to the increasing air traffic and accelerating growth of this city in the Western Mindanao airport/PAGE 10

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Darren Andrei Alvarez-Sungahid of Cagayan de Oro City is crowned SM Little Stars 2017 grand winner

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


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CorporateWorld

Provincial malls lift SM Prime Q2 profit HOTELS & RESORTS

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When you’re in Davao City, Read:

DIRECTORIES

S

M PRIME Holdings, Inc. grew its earnings by 15% in the second quarter of 2017, as it starts to reap the benefits of establishing more malls in the provinces. In a statement on Monday, the holding firm for the retail and property business of the country’s richest man Henry Sy, Sr. reported a net income of P7.79 billion, higher than the P6.75 billion it generated in the same period in 2016. The second quarter performance brings its first half income to P14.39 billion, a 14% uptick from the P12.59 billion posted in 2016’s January to June period. The sustained earnings growth follows a 10% increase in SM Prime’s consolidated revenues, which stood at P43.25 billion against the P39.23 billion recorded in the first half of last year. “SM Prime’s performance in the first half of the year reflects a more balanced revenue and income streams from our various businesses, including the growing contribution from our provincial operations. We are happy to report that our investments in t he prov inces are now bearing fruits, particularly in mall operations given that these account for more than half of our Philippine malls portfolio,” SM Prime President Jeffrey C. Lim said in a statement. The bulk or 60% of the company’s first-half consolidated revenues came from its mall operations at P25.68 billion, which rose 10% year on year. Rental income from its mall operations went up 10%

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com

SM Prime Holdings, Inc. opened the SM CDO Downtown Premier mall in Cagayan de Oro on May 12.

to P21.75 billion, as the company added 1.1 million square meters (sq.m.) of gross floor area (GFA) of retail space from its new and expanded malls from 2015 to 2017. Same-mall sales grew 7% as well. Consolidated ma l l op erat ing income accordingly rose by 10% to P14.18 billion. SM Prime currently has 63 shopping malls under its network in the Philippines with 7.8 million sq.m., and another seven in China totaling 1.3 million sq.m. The group has targeted to end the year with 65 malls in the country, including SM City Puerto Princesa in Palawan. The residential arm of the company, which accounted for 32% of SM Prime’s consolidated revenues, saw a 5% increase in revenues to

P13.91 billion for the first half. SM Development Corp. (SMDC) reported brisk sales in projects launched since 2014, posting a 22% growth in reservation sales to P27.55 billion. SMDC’s residential projects are concentrated in the Mall of Asia Complex. “In the coming years, we are expecting a growing c ont r ibut i on f rom ou r residential group as we are launching more housing projects across the country,” Mr. Lim said. Revenues from SM Prime’s other businesses, which include the leasing of office buildings and convention centers, surged 43% to P3.74 billion, primarily from the rental income from Five E-Com Center and Conrad Manila. The company has six office buildings under its

portfolio with a combined GFA of 383,000 sq.m., as well as six hotels under its Hotel and Convention Centers group comprised of more than 1,500 rooms, four convention centers and three trade halls. The Sy-led firm will further add 320,000 sq.m. of office space under its network in 2018 and 2020, with the completion of Three E-Com and Four E-Com Centers, respectively. This 2017, the company earmarked P50 billion for the development of more shopping malls and the expansion of its residential business. This forms part of SM Prime’s efforts to double its 2013 net income and revenues by 2018. Earnings in 2013 stood at P16.3 billion, while revenues reached P59.8 billion. www.bworld.com.ph

Century Pacific logs PhilWeb buys e-Games site in CdO P1.5-B income CENTURY Pacific Food, Inc. (CNPF), the Philippines’ largest canned food company, reported that its consolidated net income grew 8 percent to P1.47 billion in the first six months of the year. In a statement, the firm said the growth was driven primarily by sustained doubledigit growth in its branded consumer food business and a strong recovery in its original equipment manufacturer (OEM) export segment. For the first half of 2017, the company generated total consolidated revenues of P16.05 billion, a 23 percent sales growth over the same period last year. Branded food registered a 13 percent increase to P11.5 billion, while OEM exports grew by more than 60 percent to P4.5 billion. “The favorable top line

performance was driven both by increases in sales volume and higher average selling prices across all business units,” said CNPF Chief Finance Officer Oscar Pobre. He added that, “locally, consumption has remained resilient amidst more muted growth rates compared to the election period last year. We are, however, happy to see that growth has picked up sequentially and that our second quarter revenues have increased relative to the first.” For the second quarter alone, the company posted P6.01 billion in branded revenues, representing a 16 percent growth versus last year and 9 percent increase versus the first quarter of 2017. The OEM business in the second quarter also posted century/PAGE 10

PHILWEB Corporation on Monday said its subsidiary BigGame, Inc. has acquired a Philippine Amusement and Gaming Corporation (PAGCOR) e-Games site in Cagayan de Oro City. In a disclosure to the Philippine Stock Exchange (PSE), PhilWeb said it bought the e-Games site from I-3 Gamers, Inc. in exchange for 225,000 PhilWeb shares. PhilWeb priced the shares at P9.31 apiece, putting the transaction at P2.09 million. On Monday, shares of PhilWeb closed 8 centavos or 0.86% lower at P9.24 on Monday. This is PhilWeb’s third acquisition of an e-Gaming site this year. In June, BigGame acquired a PAGCOR e-Games site in Mandaue City, while in July, it bought another one in Lapu-Lapu City, Cebu.

Earlier this year, PhilWeb disclosed it will acquire within the year 15 Internet cafes dedicated to casino games from independent operators using 7.5 million shares currently kept in treasury. The shares earmarked for the transactions form part of the 354,621,767 shares bought back from PLDT, Inc. in 2013. PhilWeb had provided the software and associated facilities for the e-Games network until Aug. 10, 2016 under an intellectual property license and management agreement with PAGCOR. However, the state corporation, which acts as the gaming regulator of the country, decided to terminate the contract after a onemonth extension after the pronouncements of President Rodrigo R. Duterte against philweb/PAGE 10

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


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Opinion

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Corporate greed

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Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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income in ways that are clearly not in the best interest of the government, but solely for their abusive practice of corporate greed. The recent Malacanang order to investigate tax frauds of companies operating inside the Phividec Industrial Estate comes in the time when the campaign against corruption is in full steam, rallying Ruffy magbanua through the bureaucracies of both the government and WE can’t simply begrudge the business sector. Big Business for making The findings of tax money — that’s the basis of delinquents inside t he their capitalist thinking, no Phividec Industrial Estate, debate about that. was the first order of the However, we get annoyed day for the newly appointed when Big Business hides Phividec Board Director under corporate rugs their Benjo Benaldo. tax obligation with the Initially, Benaldo, to his government. great surprise, stumbled on More so, when they some 80 private companies, deliberately manipulate their including a coal-fired power

Member: Philippine Press Institute Oro Chamber

Your family tree think a minute

jhan tiafau hurst Think a minute...Ever hear the expressions “Like father, like son?” or “The fruit doesn’t fall far from the tree?” Two families in America were studied for many years. One was the Max Jukes family; the other was the Jonathan Edwards family. What was discovered in this study is very interesting. Max Jukes was a man who did not believe in God or strong principles of right and wrong, and he married a woman l i ke h i ms el f. More than 1,200 of their descendants were studied for several generations. 310 became professional beggars; 440 died of sexually transmitted diseases; 130 were sent to prison, 7 of t hem for murder ; over 100 became alcoholics; 60 became professional thieves and robbers; and 190 became

prostitutes. Only 20 learned a profession, and10 of those learned their trade in prison. Jonathan Edwards, however, was a man who daily lived by the principles of Jesus Christ, and he chose to marry a woman who also had a personal relationship with Christ. Their descendants were studied over generations also. 300 of them became Christian ministers, missionaries, and theology professors; over 100 others became university professors; another100 became lawyers and attorneys; 30 became judges; 60 became medical doctors; another 60 became writers of published, popular books; 14 became presidents of universities; many others became successful business people; 3 became United States congressmen; and 1 became the Vice President of the United States. It is clearly true that our children end up following our example much more than following our advice! You cannot train up your child in the way you’re not going yourself. But you can start changing and going that way today—by asking the One Who invented families to forgive you for your wrong hurst/PAGE 10

Another classic case of corporate greed is the alleged tax settlement of Del Monte Philippines Inc. with the Bureau of Internal Revenue which reportedly deprived the government of millions of pesos in tax revenues. In fact, the alleged tax anomaly has necessitated two congressional committee hearings already on the BIR’s reported swift acceptance of a P65.4 million tax settlement from Del Monte to account for the firm’s tax deficiencies from 2011 to 2013 which the government agency originally valued at P8.7 billion. The P65.4 million settlement was paid on February 1 of this year, one day after the firm received the BIR’s Final Decision on Disputed Assessment on greed/PAGE 10

How Politics Becomes ‘Dunamis’ Power

manila office: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell No.: 0977-152-8860 lani vallido-Marketing Manager

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plant reportedly deprived the government of an estimated P2 billion in back taxes. In this case, Benaldo had actually opened a Pandora’s Box full of worms of corruption inside Phividec. And already, upon the recommendation of Benaldo, Phividec authorities has issue d not i ce s of t ax collection to all business delinquents operating inside the Industrial Estate. Armed with a marching order from Malacanang, Benaldo is hell bent on collecting the back taxes from Steag Power and several other companies. And if ever his order shall fall on deaf ears, Benaldo has no recourse but advise these firms to leave the Phividec Industrial Estate and settle elsewhere.

Lucell larawan Politics can be a dynamite. Ply it and one unlocks the gates of hell. Or wield it and one opens a door for Yamashita treasures. This is the essence of dunamis power, the root word for dynamite: strength, power or ability. We have seen how the dynamite could explode when the oligarchs pulled the strings in our society. For decades, they opened the portals for plunderers, thieves of public coffers and drug lords. No wonder these riff raffs flourished. The reason: they are the pillars of the haut monde’s reign; the oligarchs could not rule without these building blocks. The upper ten had wielded their kind of politics by letting them loose. We must not be surprised. In several administrations,

the marauders and thieves in the government had simply been transferred to another office or won posts in several elections without feeling real penalty from their evil wages. That is why they brandished power and wealth, and their kind multiplied like Ebola virus. There really was a leadership gap because many were intimidated by the moneyed and powerful. And what about drug lords? They stealthily hide under the legitimate offices of mayors, barangay captains, and even higher. Like the case of mayor Parojinog at Ozamis, they use an honorable position to hide what many in the town know about without media exposes. I have not gathered primary evidences about Parojinog but the Philippine Drug Enforcement Authority has had. Many drug kings operate under protectors who are usually high ranking officials. This should not anymore surprise us: narcopolitics is the bolt and nut for the oligarch’s rule. On the other hand, let us ponder how president Duterte brandishes his own dynamite. As he breaks in

another portal, he threatens the existence of the haut monde and their army of riff raffs. His enemies would not be surprised if he is a disruptive innovation because they knew from the start what he is made of and how he leads. As Uber—a model of a disruptive innovation--makes annoying taxis irrelevant these days, president Digong’s existence is an insult to persons and systems that perpetuate old regimes, albeit, losing their sheen--those who believe that they are immortal, yet immortally obnoxious. Since Duterte is a disruptive innovation, he causes panic among the likes of the Liberal Party and Nicolas Loida Lewis who represent the oppressive regimes of the upper ten. We will not be surprised if senators Hontiveros, Pangilinan, Drilon and Trillanes seem to side with terrorists in arguing that martial law in Mindanao is unnecessary. If there is an invention named Motive Scanner, it will reveal that these personalities simply do not want the government to prosper, even against a c om m on e n e my. T h e y

really want to resurrect the undesirables and we will not be surprised by their modus. After exceeding the sixyear achievements of his predecessor for just one year, the police with the backing of Duterte raided the house of mayor Parojinog and his kins which killed the mayor and 14 others. To react, the enemies of Duterte throw their “due process” tact, as if the justice system is still trustworthy among many Filipinos. Mind you, enemies of the state; while you want to side with drug kings using the due process argument, “academic” and “honorable” at that, the CIDG is also an equally lawful entity performing its duties. No leader like Duterte will allow you to undermine the police as you have convinced yourselves that systems and structures in the justice system still work like office machines for the drug and other illegitimate businesses. The leadership equalizer, who balances the often-abused laws, is here in the person of president Duterte. Aside from wiping out the drugs menace and criminality, Duterte just signed the law larawan/PAGE 10

Of festival and environment have my say

klaus doring While writing this piece, the Kadayawan Festival 2017 in Davao City is just around the corner. Since every year, the celebration offers an incredible array of activities full of fun and joy: dance group competitions, street parties, and yes, a food trip at the strip. Sure, Kadayawan is also everything

about indulgence in the best cuisines that Davao has to offer. Kadayawan is indeed always a feast of sorts. Living in Davao City for good since 1999 now, I observed the Kadayawan Festival becoming more and more attractive and enjoyable. I spoke with many tourists during last years and -of course! - expatriates, who kept on praising this festival and its incredible atmosphere. The friendliness and the warm hospitality of Davao people have been mentioned and experienced many times. What a sign for this wonderful city. Kadayawan means also environment - in other words - thanking and protecting Mother Nature! This is actually what my heart

touches most, because I am an advocate of environment protection! S ometimes, believe me, in the Philippines a tough job! After several publications about this topic, also in this publication, I did receive several messages and mails telling me, what nonsense I would write about Mother Earth and how to protect her/it. One Anonymous even wrote me, that the nature knows how to help herself. I just thanked this fellow guy for his very own opinion. During that time, I wasn’t really in the mood to start a (useless?) discussion. Yes, our earth is still slowly (?) but surely dying - but, uninhibited innumerable people are still on stage as enviroment destroyers - free

from worries and drive away eventually existing moral conflicts. Don’t worry - I am not the one who is planning to destroy the Kadayawan Festival joy and party feelings. I just still like to recall former Davao City’s mayor and now President of this country, Rodrigo R. Duterte’s Kadayawan message from 2009: “With global warming and climate change, a very real phenomenon in our lives now, we need to look to our indigenous people for wisdom and guidance as they have always been respected toward their relationship with the earth!” This was 2009. How about now in 2017? Yes, all of us need to do more more in protecting and doring/PAGE 10


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Banking&Finance

BSP exec cites improvement in TDF tenders

A

RANKING central bank official said lesser investment options for banks and stabilization of the exchange rate, among others, ended the undersubs cription in the Bangko Sentral ng Pilipinas’s (BSP) term deposit facility (TDF).

Tenders for the TDF were undersubscribe for both the seven-day and 28-day facilities during the auction last July 19 and 26. For the past months, only the longer-dated facility was undersubscribed given the volatilities abroad. The shorter-dated tenor

is offered for P40 billion while the longer-dated tenor is offered for P140 billion. However, during the auction last Aug. 2, bids for the seven-day TDF reached P2.579 billion from weekago’s P35.05 billion. Bids for the 28-day facility, on the other hand, remained

2017 inflation still benign: BSP BANGKO Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said domestic inflation remains benign despite the slight uptick last July to 2.8 percent from the previous month’s 2.7 percent. “The July inflation reading confirms our assessment of continuing benign inflation conditions,” he

told journalists in a Viber message Friday. “ We’r e o n t r a c k t o comfortably meeting our 2017-2018 inflation target,” he added, referring to the central bank’s 2 percent to 4 percent target for this year until 2020. The inflation level last July brought the year-to-date

average to 3.1 percent. The year-ago level is lower at 1.9 percent. Its increase last month was due to faster inflation of utility rates and of the transportation sub-index. Last June, BSP’s policymaking Monetary Board (MB) cut the central bank’s inflation/PAGE 10

below-offering at P122.268 billion but higher than the previous week’s P106.19 billion. ” T h is is ve r y mu ch expected as the transitory factors that led to heavy undersubscriptions have r e c e d e d ,” B S P D e p u t y Governor Diwa Guinigundo said. He explained that “trust funds that have been withdrawn from BSP are finally going back as bank funds” and that “exchange rate appears stabilizing that banks have little incentive to buy more foreign exchange.” In recent weeks, the peso has been nearing its 11-year low to a dollar after ending the trade at almost 51-level. However, it has improved in recent weeks given lesser

Summer Reading Camp 2017 By: Mildred M. Manto

L i n g at i n g E l e m e nt a r y School conducts Summer Reading Camp ever summer. Summertime is a time wherein teachers and pupils really awaited for because it’s the time wherein we feel relax, can do bonding, go outing together with the families. But we sacrifice our time and efforts just to spend for the two week activity on the summer reading

camp to help improve and alleviate the reading ability of the pupils. It started on April 17 and ended on April 28, 2017. We started the activity with a short parade around the barangay. Then after the parade, a short program was held with the presence of our very supportive barangay education committee chairman, Hon.Lucila b.

Caralde, Municipal Kagawad Hon. Calixto Baigad and our Gen. P.T.A President, Mr. Alfredo V. Ydel. Right after the program, we gathered all the registered campers and we grouped them according to their reading abilities. Different activities were given to the campers everyday and we the master campers helped one another for the realization

of the activities intended for that day. On April 28, Culminating Program was held. This is what we call “Showtime” wherein we had watched and witnessed the different presentations given by the different group of campers. As observe the campers really enjoyed and they really had fun during the Summer Reading Camp.

attractiveness overseas, with expectations for a Federal Reserve rate hikes now lower for December. Guinigundo said the government has also finished its retail treasury bond (RTB) issuance, thus, no other options for banks to place their funds in higher yielding instruments. Last March 28 to April 6, the Bureau of the Treasury (BTr) sold a total of P175 billion worth of three-year RTBs to banks.

The debt paper, which are intended for small investors through a minimum of P5,000 placements, fetched a coupon rate of 4.25 percent. RTBs have higher yields than regular time deposits and earn a fixed interest rate based on current market rates. Its returns are given on a quarterly basis. With this fund raising activity done, Guinigundo said “banks have higher demand for new options tenders/PAGE 10

UCPB posts 12% hike in H1 ’17 net income STRONG loans growth fueled the 12 percent growth of UCPB’s net income in the first half of 2017 to P2.01 billion. In a statement, the bank said loans rose by 15 percent to P153.37 billion from yearago’s P133.38 billion on back of the rise in consumer loans, particularly auto loans. This lifted the net interest income by 16 percent to P5.47 billion over year-ago’s P4.72 billion. During the same period, deposits went up 23 percent to P284.33 billion from the end-June 2016’s P231.48 billion. UCPB president and chief executive officer (CEO)

Higinio Macadaeg Jr. noted the big contribution of the core business to the bank’s revenues in the first six months of the year. “The strong demand for financing coupled with our other initiatives such as our strengthened relationships with partner dealers and agents boosted the rise in consumer loan availments,” he said. “Our consumer loan portfolio was funded by low-cost deposits that we continued to build this year. This resulted to better margins,” he added. However, non-interest income during the same income/PAGE 10


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“Let’s Relax” now one of Asia’s Top 50 Brands

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e t ’s R e l a x S p a , Thailand’s Boutique Day Spa Chain, has been recognized as one Asia’s Top 50 Brands Award announced at CMO Asia Forum 2017 held in Singapore. Mr. Narun Wiwattanakrai, Executive Director and Chief

Marketing Officer of Siam Wellness Group PCL, the owner and operator of Let’s Relax Spa, received the award from Dr. Tarita Shankar at an elegant award ceremony at the Le Meriden Hotel Sentosa, Singapore. Organized by World Brand Congress, the prestigious

Asia’s Top 50 Brands Awards is in its eight year. “Let’s Relax is deeply honored and privileged to be recognized for this award. This aligns with the Company’s Vision, which is to become Asia’s Regional Spa Brands. For the past 19 years, Let’s Relax has

wednesday|august 9, 2017

uplifted and created the international standards for Thai Spas and has served over 5 millions customers of which the majority are East Asian Tourists. Thus, Let’s Relax has become a reputable Spa Brands that Asians trust”, said Narun. relax/PAGE 10

Rotary CDO Premier partners with Masons in outreach IN line with Rotar y International’s focus of fighting diseases, the Rotary Club of Cagayan de Oro Premier has relaunched One Mission in partnership with the Cagayan de Oro Lodge No. 298 of Free and Accepted Masons. The project is a free medical and legal mission that serves underprivileged communities. CDO Premier visited Cooperative Village, dubbed Co-op Ville, in Barangay Mambuaya in the outskirts of Cagayan de Oro City last Saturday, July 22. The community is a relocation site for those affected by Typhoon Sendong, the storm that displaced over 5000 families

Digital Technology: Its Impact to Instructional Supervision and Administration Jean L. Ablanque Master Teacher-I Opol Central School

Digital technolog y is essential and important tool in our daily activities. In fact, many of the reports nowadays are online thus it demands the s cho ol administrators to be literate so that no one will be left behind in terms of accomplishing the task. The complexity of the s c h o ol a d m i n i s t r ators work cou ld b e lig hten through the application of technology. It would be very easy to accomplish

reports and submit data through clouds or digital applications. In fac t, DepEd is now practicing paperless reports through online applications. Indeed, one of the breakthroughs that Department of Education has is the online tracking of pupils/students through L e a r n e r s In f o r m at i o n System (LIS), requisition of student’s records and other information is through online application.

Tradit iona l ly classroom monitoring and observation in improving teachers competence and classroom instructions were done through paper a n d p e n c i l . Wi t h t h e onset of digital gadgets observation then is very easy and it wouldn’t be difficult for the school administrators to track te achers p er for mance. Everything is recorded and during post-conference the teacher will be able to

see how he/she performs d u r i n g t h e c l a s s ro o m visit. The video will be re vie wed and ass ess ed of both master teachers and school head for the technical assistance to be extended in improving teacher’s performance in teaching The applicat ions of digital technology in the Department of Education is indeed very helpful and it lighten the burden of doing it manually.

in 2011. The club provided general consultations and health assessments as well as various legal services such as consultations, drafting of af f idavits and other documents for notarization. Medicines and reading glasses were also distributed throughout the day. In addition, Premier also hosted forums on two important issues: the Law on Violence Against Women and Children and Stroke Prevention and Care. The former was carried out as part of the VAWC Lecture Series, the club’s ongoing project with the various barangays of Cagayan de Oro, Misamis Oriental and

Bukidnon. The latter was given by Dr. Maria Mercedes L. Barba of Akbay Stroke C are and Neurolog ica l Rehabilitation Center. One Mission Mambuaya served over 300 participants. The mobile outreach team was composed of members of the Rotary Club of Cagayan de Oro Premier, Masons of CDO Lodge No. 298 F. & A.M., doctors, nurses, lawyers, paralegals and local volunteers. One Mission was founded by CDO Premier in their charter year of 2015. This is their third mission to date. The club hopes to continue with this program in the years to come. PR


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Isuzu PH successfully holds biggest meet up for customers

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elebrating two decades of success in the business is not easy. The learnings, perseverance, and challenges, are some of the fundamentals on how to achieve sustainable growth in the company. Isuzu Philippines Corporation (IPC), recently celebrated two decades of success following the gathering of its biggest event for their recognized Isuzu clubs; Team Isuzu Pilipinas, Team Isuzu Car Enthusiast and mu-X Owners Philippines. Dubbed as “Isuzu Big Meet,” the event, which was held at Megatent in Libis, Quezon City, was made to promote camaraderie b e t we e n Isu z u ve h i cl e owners, as well recording the biggest gathering of Isuzu club members in one place. More than 300 Isuzu owners with their vehicles joined the grand meet, which displayed Isuzu’s current light commercial vehicle line-up, namely the Crosswind AUV, D-MAX pick-up and mu-X SUV, alongside its iconic models like the Hi-Lander, Fuego pick-up and Alterra. To make event more exciting, IPC held its first car show for stock and modified Isuzu vehicles. Open for all clubs are categories such as Best AUV, Best Pick-up, and Best SUV. Meanwhile for the modified categories, Isuzu clubs competed on Best Engine Set-up, Best Sound/ Entertainment System Set-up,

and Best 4x4 Vehicle Set-up. Judged by IPC executives and members of the motoring media, champions emerged from each club; Victor Candelaria (Best AUV), Dr. Roman Remo (Best Pick-up), JT Lerma (Best SUV), Ivan De Castro (Best Engine Set-up), Deni Von Amatorio (Best Sound/Entertainment) and Vic Makimkim (Best 4x4 Setup). Each of them received cash prize, trophy, and premium Isuzu merchandise; as well as cash prizes and premium merchandise to the first and second runner-up winners. Moreover, the owners of the Oldest Isuzu Model and the Highest KM Mileage in attendance, were also given recognition and prizes, Oldest Model awards was given to Alex Cabungal for his 1976 Gemini. Chito Villanueva from Team Isuzu Pilipinas took the highest mileage award for recording 998,628 kilometers on his Isuzu HiLander. Part of the giving thanks to its loyal customers, IPC prov i d e d a n e x c lu s i v e 20-percent discount to all event participants applicable to all Isuzu merchandise, parts and accessories displayed during the event. The afternoon session was filled with fun games like the burger and hotdog eating contest participated by all clubs, and band entertainment by IPC Band, Pub Forties and PUPIL. IPC President Hajime Koso expressed his elation

over the success of the program, saying that the event is a true testament on the reliability and trustworthiness of the brand with Filipinos motorists. “We are thankful for the trust that you have continually showed us over the course of the years. We value this partnership and rest assured that we will continue to provide utmost quality and topnotch service every time you would seek our service,” Koso said. “Just like car clubs, we want everyone to join hands and be united not just on meets, but also on the road,” he added.


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Wednesday | August 9, 2017

Dumaguete and Davao City Officials pose with Mr Charles Lim during the 27 July launch of new Cebu Pacific flights between the two cities. (photo

by mike baños , npn )

CEB deploys more regional flights, bigger aircraft on key routes

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By Mike Baños

he country’s biggest airline has exp end e d its c over age of the archipelago with the recent launch of more regional flights to link key destinations and the upgrading on key routes with the deployment and of bigger and newer aircraft to ser ve growing passenger traffic.

“Cebu Pacific remains bullish over prospects in Mi n d an a o. We re m ai n optimistic that new routes would benefit not only Davaoeños, but Mindanaoans in general, in terms of strengthening family and c u ltura l t ies, foster ing d om e s t i c t ou r i s m an d education exchange, and helping harness trade and business opportunities,” said Charo Logarta Lagamon, Director for C orporate

Communications of Cebu Pacific (PSE: CEB) during the grand launch held July 27 at Marco Polo Hotel. “Our new intra-island routes provide Mindanaoans convenient air connections; and support the government’s push for more infrastructure investments in Mindanao,” CEB’s wholly-owned subsidiary Cebgo started flying July 27, 2017 three times weekly (Monday, Wednesday, and Friday) between Davao

and Dumaguete; and four times a week (Tuesday, Thursday, Saturday, and Saturday) between Davao and Tacloban. CEB offers its lowest allin one way year-round fare from Davao to Dumaguete at Php2,590 and Davao to Tacloban at Php 2,142. Present during the launch were Dumaguete City Mayor Felipe Antonio Remollo, and Davao City Councilors, l e d b y Ac t i n g M a y o r Danilo Dayanghirang. The Dumaguete local government contingent took the maiden flight from Dumaguete to Davao. “My hats off to Cebu Pacific for being the pioneer in Dumaguete; for coming in during the time when no other airline would fly to what was considered then a missionary route,” said Dumaguete Mayor Felipe

Antonio Remollo. “The new Davao-Dumaguete route will usher in more flights and improve connectivity. It will increase economic development, extending beyond Negros Oriental to nearby Siquijor ; and link Davaoeños and Dumagueteños closer. The Dumaguete City Council will work with our Davao counter par t to forge a partnership between our cities for tourism development.” “These direct routes are an answer to the growing need for greater inter-island connectivity around the country, and are reflective of t he comp et itiveness and reliability of C ebu Pacific,” noted Councilor Dayanghirang “The Philippines is becoming smaller because of Cebu Pacific. We look forward to more flights between cities

Dumaguete Mayor Felipe Antinio Remollo expresses his gratitude to Cebu Pacific during the 27 July 2017 launch of the new Dumaguete-Davao flights. (photo by mike baños, npn)

around the country as we move towards a stronger Philippines.” CEB is the leading air cargo carrier in the region, transporting high-value exports such as live prawns an d tu n a ; a g r i c u ltu r a l products like mangoes, pomelos and mangosteen; as well as other food items from Davao. In 2016 alone, CEB carried over 19,000 tons of cargo from Davao. Its cargo facility in Davao is equipped with a one-tonner forklift, making the movement of heavy-cargo easier. “Additional routes also expand the CEB cargo service capability. This will mean faster and more efficient means for traders, exporters and entrepreneurs to move their products and raw materials; or for our overseas Filipinos to be able to send their packages back home easier. We are optimistic that the overall improvement in the CEB cargo logistics network in Mindanao will boost the local economy,” Lagamon stressed. From the Davao hub, Cebu Pacific has the most extensive domestic route network with over 140 flights weekly from Davao to Cebu, Bacolod, Cagayan de Oro, Iloilo, Zamboanga, Dumaguete, Tacloban and Manila, plus a direct flight to Singapore twice a week. As of July 2017, CEB has 894 flights per week to and from Mindanao and has ferried over 6.2 million passengers carried since 2013, garnering a 65% capacity share of Mindanao market. From its Mindanao hub in Davao alone, CEB has carried

2,093 guests with a passenger load factor of 82% with 148 weekly flights from 2013 to 2016. Last July, CEB increased the frequency and capacity of its flights between Manila and Davao, upgrading the 180-seater Airbus A320 to its 436-seater A330. CEB also added two daily flights to and from Manila, bringing frequency to four times daily, or 28 weekly flights. Earlier, CEB flights from Manila to Cauayan, Legazpi and Virac, and vice versa, were upgraded starting July 4, 2017 to the 180-seater Airbus A320, from the 78-seater ATR 72-600 formerly serving the three routes, translating to over 130% more capacity or about 102 additional seats, . CEB is the only carrier with a regular, commercial air service to Cauayan, Isabela and Virac, Catanduanes. The ATR aircraft from these three routes are now deployed in five new interisland routes by Cebgo: Cebu-Masbate; Cagayan de Oro-Zamboanga; DavaoDumaguete; Davao-Tacloban; and Cotabato-Zamboanga which started operations last July 27, 2017. On top of the aircraft upgrade from ATR to Airbus jet service, CEB also hiked the frequency of some flights between Manila, the Visayas and Mindanao starting July 4, 2017. From 55 flights weekly, 10 more flights are now serving Manila -Iloilo; and six monre on the Manila-Bacolod route s, bringing the total to 54 a week. The additional flights to and from Iloilo and Bacolod deploys/PAGE 10


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wednesday|august 9, 2017

Biochar study opens doors for rural, tech dev’t By George Robert E. Valencia III, NRCP S&T Media Service

Not all biochars are created equal—likewise, the average charcoal is no biochar. A new research on biochar funded by the National Research Council of the Philippines (DOSTNRCP) has gained the interest of farmers, households, and rural developers through the direct application of its results, which is a feat for a basic research. NRCP Division VI (Agriculture and Forestry)’s Dr. Gina V. Pangga, its proponent, studied the potential of common

agricultural wastes like corn cobs, water hyacinth, mahogany receptacles, and rice hull and straw, to produce quality biochars as soil conditioner. Not just charcoal Biochar in soil enhances crop yield, resistance, and health. Like charcoal, it is also made through pyrolysis—a.k.a., the process of burning materials with lesser oxygen—but where charcoal is for barbecues, biochar is for the fixing the physical, chemical, and biological properties of soil. While technically no

It’s Mindanao Fashion Summit once again Story by MARK FRANCISCO Photos by ERCEL MAANDIG

IT’S that time of year once again when couturiers from all over Mindanao converge in Cagayan de Oro to jive with the annual fiesta here and to boast their outputs. On the first day of the event, members of the Oro Designers Fashion Guild which organized the three-day event starting August 3 at Limketkai Rotunda, presented their best designs. They were Ann Semblante, Angela Soriano, Alma Mae Roa, Benjie S. Manuel, Joshua Guibone, Juniel Doring, Gil Macaibay III, Mark Christopher Yaranon and Mavy Cooper de Leon. The next segment on the

first day was the men’s wear collection. On the second day will be the turn of Ororama, the students of Cagayan de Oro-based Fashion Institute of the Philippines and guest designers from the cities of Iligan, Ozamiz and Butuan. On the third day will be the holiday collection of the Oro Fashion Designers Guild. All in all, 30 designers are participating. Started in 2011 under the leadership of Mark Christopher Yaranon, the 2017 Mindanao Fashion Summit is ably managed under the stewardship of Ann Semblante.

BWM: Aug. 9, 16 & 23, 2017

fertilizer either, biochar benefits plants by its material structure: its tiny microscopic pores serve as excellent sites for nutrients and water storage (especially during dry times), and also provide home for essential microbes. Biochar can also separate soil contaminants in damaged soils as well as lessen carbon dioxide in the atmosphere—properties scientists deem useful for environment sustainability and climate change adaptation. the material used, cooking length, and

temperature. For instance, cooking beyond ideal range of 400 to 600 degrees Celsius yields charcoal instead of biochar. “You want to maintain its desired qualities like porosity, absorption, and surface area,” explained Dr. Pangga, who is also a soil specialist. Per 10 kilos of regular soil, 50 grams of biochar is required—a simple conversion of which allocates10 tons of biochar for every soil hectare. Most regular soils would boichar/PAGE 11


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Airport... from page 2

Development Corridor, being one of the country’s primary gateways to the Association of Southeast Asian (Asean) countries. Earlier, the city government asked the Department of Transportation (DOTr) to study the detailed engineering and funding source for the transfer of the airport, which is being pushed the past two decades. In Apr i l, t he D OTr commissioned a private contractor to conduct the fourth “Feasibility Study and Master Plan Study for the Development of the ZIA.” At present, there are about three feasibility studies (FS) commissioned by the government for the new airport since 1992. The transfer of the airport from its current location to barangays Mercedes and Talabaan in the east coast has been pushed since 1996, following the development of the Master Development Plan of this city. For years, the Regional Development Council (RDC) has been endorsing the new airport project to the national government as a priority. It was learned that at least 250 hectares of the proposed site for the new airport are owned by private individuals and corporations. The ZIA Master Plan project was prepared since 1992 by a consortium of Singaporean Consulting firms. In 2006, the then Department of Transportation and Communication (DOTC) commissioned a pre-feasibility study that also recommended the transfer of the airport. (DWTW/PNA)

PhilWeb...

from page 3 online gambling and then PhilWeb Chairman Roberto V. Ongpin. The incidents led to the resignation of Mr. Ongpin in August last year. In June, Mr. Ongpin completed the sale of his holdings, 118.5 million shares at P2.60 each, to Gregorio Araneta, Inc. PAG C O R , h o w e v e r, reiterated its position against the revival of the e-Games network, until Mr. Duterte moderated his position on

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wednesday|august 9, 2017

online gaming. The regulator then notified PhilWeb that it will offer the contract through a public bidding process.

Hurst... from page 4

way of living. Then ask Jesus Christ to take charge of your heart and character. As you start living His way every day, you will start showing your children the successful, right way of living. And they will also teach their children, who will then teach their children. Because well trained children grow up to train their children well. Just Think a Minute…

Poverty... from page 1

kalipay sa uno porsiyento nga pagkunhod sa ka-pobrehon sa lalawigan. Apan akong tubag, sa 900,000 nga lumolupyo sa Misamis Oriental, 1 percent niini, 90,000 ang naka kaon na katulo sulod sa usa ka adlaw. Daku na usab kini nga numero kompara niadtong ubang lalawigan sa tibuok Pilipinas kung diin nagtaas ang ilang poverty incidence,” Emano told reporters in a short briefing minutes after the weekly f lag-raising ceremony at the Capitol. The governor is hopeful that this prevalence rate in hardship of the poor to cross their day to day activities will continue to drop which proves the effectiveness of his seriousness in leading the people forward. “Apan dili kini usa lamang ka tawo ang naningkamot niini. Ang atong mayores sa 23 ka munisipyo ug duha ka dakbayan sa lalawigan naning kamot us ab nga makunhoran ang ihap sa naglisod ug nag-ilaid nato nga katawhan sa Misamis Oriental,” he said. Aside from the local leaders, the governor also recognized the effort of the different sectors in the society who also contributed a lot to lessen the number of poor families in the province such as the business and the religious sectors. (PIO)

Century... from page 3

year-on-year growth of 81 percent and sequential growth of 31 percent. “We faced a relatively tough first half in terms of elevated raw material prices. These are likely

to persist for the balance of 2017 and margins will continue to be under pressure in the second half,” said Pobre. However, he said “we are still aiming to achieve earnings growth for the year with net income supported by continued top line growth, controls on our expenses, and various operating efficiencies.” Pobre noted that “our longer-term focus remains on strengtheningourbrands,growing our categories, and delivering value to both our consumers and other stakeholders.”

Greed... from page 4

January 31 for tax year 2013, along with Preliminary Tax Assessment for tax year 2011, and Final Assessment Notice (FAN) for tax year 2012. Both the BIR and Del Monte acknowledged it had taken years to come up with these assessments due to a combination of delays on both sides. The crucial matter of why the settlement amount was much lower than BIR’s original assessment remains unclear at this point. As long as corruption prevails in the bureaucracy, corporate greed likes to dwell in it. It takes two to tango really. In this case, conjugal greed applies. Sigh. (ruffy44_ ph2000@yahoo.com)

Larawan...

from page 4 that provides free tuition for students in state colleges and universities. Many opposed this move, but for the president, this is also a radical shift. It cannot anymore favor the usual infrastructurebuilding projects in the past that merely ensure money for the public officials. As the government invests in human genius, it will surely reap the fruits a hundred or thousand fold: a clear answer to expenditure issues in its implementation. M o r e o v e r, D u t e r t e fired some of his allies for corruption. Among them are DILG secretary Sueno and 91 others based on John Paulo Bencito’s article in the Manila Standard. These moves show that change has, indeed, come. Like the lawyer of Uber who just said that the company could not take in regulations

that are applicable in the 1900’s, Duterte is saying: “You cannot expect me to use the never-changing technology, structures and systems that had caused a public nuisance more than they can deliver true service. I disturb you, but be patient.” Wit h t his explet ive, Duterte’s explosive opens the Yamashita treasures.

Doring... from page 4

promoting our environment. As I mentioned it many times before: I hope and pray t hat plent y of us participate ACTIVELY if possible in a multi sector campaign of having a shared environmental responsibility. Start already during school education! It’s never too late. For the sake of our following generations! Happy Kadayawan 2017 in Davao City! +++ Email: doringklaus@ gmail.com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot. com or www.klausdoringsclassicalmusic.blogspot.com.

Deploys... from page 8

would bring CEB’s capacity to over 5,700 seats. In M i n d an a o, e i g ht additional weekly flights are now operating between Manila and Cagayan de Oro, bringing the current 55 trips per week to 63. That will translate to over 2,800 more seats for flights to and from Manila and Northern Mindanao. Cebu Air Inc. is the largest carrier in the Philippine air transportation industr y, offering its low-cost services to more destinations and routes with higher flight frequency within the Philippines than any other airline. Cebu Pacific and Cebgo fly to 37 domestic and 26 international destinations, with 109 routes spanning Asia, Australia, the Middle East, and USA. The CEB network operates flights out of six strategically placed hubs in the Philippines: Clark, Davao, Kalibo, Cebu, Iloilo and Manila. CEB boasts of one of the youngest fleets in the world, with a total of 61 aircraft with an average age

Instructional Supervision and Administration: Its Impact to Quality Education Jean L. Ablanque Master Teacher-I Opol Central School

Research says that an institution who is properly guided and managed is most likely achieve better than those who are not. In this light, a good leader is indeed necessary in order for the school to attain its mandate in providing quality basic services thus in effect quality education will be achieved. Moreover, leader plays a vital role to supervise and administer to ensure that the institution will reach

to its maximum target of school performance. Supervision and administration are inseparable entities these two will go together thus school leaders shall exercise with utmost commitment and dedication to fulfill its mandate for excellence in school. Failure of the the leader to guide and orchestrate the school is detrimental in reaching its goals for better school

performance nonetheless to attain quality education. Nevertheless, it is necessary t h e n t h at a l e a d e r i s knowledgeable enough and use his full potentials in leading and guiding the teaching personnel to make sure that everybody is moving on in the direction towards quality instruction yet in effect the institution s h a l l pro du c e qu a l it y and globally competitive graduates.

Therefore, quality education lies in the hands of good school leaders who have the passion to serve the stakeholders. Furthermore, have the capacity to apply their ingenuity and creativity in leading the institution as they will create a difference in the lives of the pupils and teaching personal moreover practice transparency and good governance to gain respect and trust of the stakeholders.

of 4.99 years. The CEB fleet is comprised of four Airbus A319, 36 Airbus A320 and eight Airbus A330; while the Cebgo fleet is composed of eight ATR 72-500, and five ATR 72-600 aircraft. As the leading Philippine Carrier, it has carried over 140 million passengers since inception and currently holds 55% of the domestic passenger market. Passenger Traffic (CEB and Cebgo) for Jan-March 2017 totalled 4.8 million and its revenues for the period reached P16.8B-, a 4,7% increase year on year driven by growth in ancillary and cargo revenues. For bookings and inquiries, guests can visit www.cebupacificair.com or call the res er vation hotlines (+632) 7020-888 or (+6332)230-8888. The latest seat sales can be found on CEB’s official Twitter (@C ebuPacif icAir) and Facebook pages. Guests may also download the Cebu Pacific official mobile app on the App Store and Google Play.

Relax... from page 6

L et’s Relax Spa, the original Thailand’s boutique day spa since 1998, offers excellence spa pleasure to perfectly balance the body and soul. Offering superiority of equipment, products and treatments with experienced and well-trained therapists aimed to deliver unique and remarkable experiences. Let’s Relax Spa possesses its own unique characteristics; expertise therapists, hygienically guaranteed, conveniently accessible locations and excellent services.

L e t ’s R e l a x S p a currently operates 24 Day Spas conveniently located throughout the Kingdom of Thailand; Bangkok, Chiang Mai, Hua Hin, Koh Samui, Krabi, Pattaya and Phuket, with recent expansion to Kunming, China. Individual branches are dressed up differently to reflect the uniqueness of its location, local tradition and culture.

Tenders... from page 5

including placement with the BSP’s term deposit facility.” ” I n s h o r t , undersubscriptions are always relative to the auction volume that has been maintained for sometime now. Since there were alternative uses for their funds, the banks shifted to more lending, more foreign exchange purchases and more RTB placements resulting in some undersubscriptions,” he said. “But the system remains liquid,” he added.

Income... from page 5

p e r i o d d e c l i n e d by 1 5 percent to P1.18 billion over year-ago’s P1.39 billion due to volatilities that made most investors risk-aversed. UCPB said income from Treasury also took a hit after it fell 27 percent yearon-year to P427.04 million. Macadaeg, on the other hand, remains optimistic for the bank’s full year results. “Our performance for t he f irst six mont hs of the ye ar reinforces our optimism that we will be able to hit our target for the year,” he said but declined to give specifics. (PNA)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE REGIONAL TRIAL COURT SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF File No. 2017-280 Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG) as mortgagee/s, against MATILDE DIANE C. LABRADORES married to JESUS SAMUEL D. LABRADORES as mortgagor/s, with postal address at Lot 12, 13, & 14, Block 13, PCS-10-002305, Wisdom Street, Ficcoville Subdivision, Iponan, Cagayan de Oro City, the mortgagor/s is indebted to the mortgagee/s in the amount of THREE MILLION FIVE HUNDRED NINETY SIX THOUSAND TWO HUNDRED TWENTY NINE PESOS and 34/100 (Php3,596,229.34) including interests and penalty charges, as of June 27, 2017, the undersigned Sheriff will sell at public auction on September 7, 2017 at 10:00 in the morning to 4:00 in the afternoon, at the Office of the Clerk of Court, Regional Trial Court, City Tourism Hall, Cagayan de Oro City, to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT No/s. 137-2013003075, 3076 & 3142 “A PARCEL OF LAND/S (Lot 14, 13 & 12, Block 13, Pcs-10-002305, being a portion of Lots 3623 B, D, E, F, G, I, Psd-104305- 016054, xxx, Cagayan Cadastre), situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao, including all improvements found thereon, containing an area of One Hundred Forty (140) sq. m. more or less, each lot.xxx All sealed bids must be submitted to the undersigned on the above stated time and date. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. DONE this 2nd day of August, 2017, in the City of Cagayan de Oro. BWM: Aug. 9, 16 & 23, 2017

(Sgd.) ENRIQUE M. TALAG, JR Sheriff IV


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Biochar... from page 9

benefit from biochar, but degraded soils (like saline soil) will need an appropriate type of biochar, she added. From basic research to invention Dr. Pangga collaborated with the Bataan Peninsula State University in designing a prototype stove for regular households to make their own biochars using agricultural and plant waste materials. Her invention, together with her research, was unveiled by NRCP through a forum during the National Science a n d Te c h n o l o g y We e k celebrations organized by the Department of Science and Technology last month. Her dual-purpose stove burns from 20 up to 75 minutes per load depending on the feedstock or input material. Some drawbacks may be due to its “pyrolytic design”: generating a yellow flame (due to low oxygen requirement to achieve pyrolysis) versus the usual LPGs that give off relatively “cleaner” flames and some questions on user safety; but overall, provides a neat alternative for mediumto-large-size backyard or outdoor cooking. Keeping up with demand The increasing local demand for biochar meanwhile encouraged Dr. Pangga to seriously consider upgrading her prototype stove into a larger reactor able to supply biochar by the tons. She hopes to get funding from DOST’s applied tech agencies. NRCP Executive Director, Dr. Marieta Bañez Sumagaysay, commended Dr. Pangga’s basic research for its possibilities for agriculture and waste management, providing barangays and rural households inexpensive means to turn trash into something beneficial, and serving another practical use on the side.

Investors... from page 1

Northern Australia,” he said. “At the same time there is increasing public call for Australia to be more involved in Mindanao in all spheres of activity from security to the economy. So we want to take advantage of such high public awareness in Australia regarding Marawi and the Armm,” he added. A r m m G o v. M u j i v Hataman said they are encouraging investment in RA 9048

agriculture, particularly in the cattle industry, since Australia has a well-developed Halal industry revolving around the supply of Halal meat to the Middle East. “We can raise cattle cheaply in ARMM or we can import them from Australia and process them into Halal meat products to be redistributed around the region since ARMM and Mindanao are geographically at the heart of Muslim Southeast Asian countries, who all belong to the BIMP-Eaga (Brunei-Indonesia-MalaysiaPhilippine East Asean Growth Area),” Hataman said. Mastura said the delegation would present the Philippine economy and investment opportunities to the businessmen in Sydney, Melbourne and Brisbane. He s a i d Au s t r a l i a n investor interest is high in the Philippines “because of t he share d s e c ur it y environment that necessitates increased partnership and collaborations between the two countries.” “Foremost in mind is the Marawi crisis in the ARMM, wherein IS-affiliated armed groups occupied Marawi City with still no end in sight,” he said. “Instead of turning off investors from investing in the country and the Armm in particular, strategic investors have come forward to offer their help to rebuild Marawi City and provide much needed jobs in the Armm,” Mastura said. To date, the Australian government is active in providing aid in the conflictaffected areas in Mindanao. Australian security is also assisting the government troops in the ongoing effort to flush-out militants in Marawi City by sending its AP-3C Orion aircraft to provide surveillance support. The Australian g ov e r n m e nt a l s o g av e $920,000 (P34.5 million) worth of food and other supplies to help alleviate the plight of the displaced residents of Marawi City. Mastura said neighboring countries are concerned that the Marawi crisis could galvanize IS members from the region, who are returning home from the battlefields of Syria and Iraq, to seek sanctuary in Marawi City and its environs. “ This means that investments in building a vibrant economy that can provide jobs to the Muslim population in the ARMM

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar NOTICE OF PUBLICATION

In compliance with Section 5 of R.A. No. 9048, a notice is hereby served to the public that FELECIANA CASANES DUMDUM has filed with this office a petition for Change of First Name from “PILY CASANES” to “FELECIANA CASANES“ in the birth certificate of PILY CASANES who was born on MARCH 31, 1955 at KAPATAGAN, LANAO DEL NORTE and whose parents are FELIX CASANES and LOLITA BORONG. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days. (SGD.) IVY REYES TONGCO Municipal Civil Registrar BWM: August 2 & 9, 2017

have become a priority a s d i s a f f e c t e d Mu s l i m populations with longstanding grievances are known to be susceptible to radicalization by IS,” he said. Citing, a recent United Nations study, Mastura said of 43 people who left their countries to become “foreign terrorist fighters” in Syria has found that most came from disadvantaged backgrounds, lacked good education and decent jobs — and saw their Muslim religion “in terms of justice and injustice rather than in terms of piety and spirituality.”

Aid...

from page 1

1,080 bottles of water. T h e S i n g ap o r e R e d Cross also brought on the plane three sets of water purifier units, each capable of purifying 1,000 liters of water in one hour. “Today we are glad to be here to help our friends in the Armed Forces of the Philippines in their fight against extremism in Marawi,” said Col. Lee Kuan Chung, director of Changi Humanitarian and Disaster Relief Coordination Center. Lee said the humanitarian aid is intended for the Marawi evacuees. He said the Singaporean government has offered the Philippines any assistance to help it defeat what he called Islamic extremists. He said the Singapore defense department offered the use of its urban training facilities, humanitarian supplies for evacuees and a detachment of unmanned aerial vehicles that can enhance the Philippine military’s intelligence, surveillance and EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE Notice is hereby given that the intestate estate TERESITA P. NALIPONGUIT, died intestate leaving a MOTORELA with motorcycle, YAMAHA, series STX125, Motor No. 34C1009781, Chassis No. 34C1009781,Plate No. QJ-4738, Color RED, MV File No. 1036-00000116753, CR# 7659289-1, OR#1034792183; TERESITA P. NALIPONGUIT is the subject EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE; is made and entered into EMMANUEL E. NALIPONGUIT, widower, both of legal age, Filipino and resident of Consolacion, Cagayan de Oro City, hereinafter referred to as the HEIR-VENDOR; WELLA N. GOMEZ, of legal age, married, Filipino and a resident of Consolacion, Cagayan de Oro City, hereinafter referred to as the HEIR-VENDEE; That we, the herein-above named HEIRVENDORS, for and in consideration of the sum of FIFTY THOUSAND (P50,000.00) PESOS, Phil. Currency, to the HEIR-VENDORS in hand counted and paid by the VENDEE her heirs, assigns, executors or administrators, the herein-above described MOTORELA with Motorcycle, together with accessories found thereon, and free from lien and/ or encumbrances, whatsoever. Under Notary Public of ATTY. EMMANUEL A. AKUT, As per Doc. No. 405; Page No. 98; Book No. 160; Series of 2017. BWM: Aug. 2, 9 & 16, 2017

reconnaissance capabilities. Singapore-based Channel News Asia reported on Aug. 1 that Philippine Defense Secretary Delfin Lorenzana has agreed in principle to the offer. The ongoing battle in Marawi against the Islamic State-inspired Maute Group has raised concerns among Asean countries that “extremism” could also spread to their borders. Government forces have sustained over a hundred casualties as the conflict entered its third month. At least 1,000 others have been wounded.

Donates... from page 1

population and school meals for children in the affected areas. $800,000 that are allocated to UNICEF will be used to provide support in the areas of water, sanitation, and hygiene,” the statement read in part. “Given the importance and closeness of Japan and the Philippines, Japan will continue to explore ways to best support the Philippine government and the people of the Philippines on this matter,” it added. Clashes between government forces and the proIslamic State Maute militants broke out in Marawi on May 23 — triggering what may be the biggest internal security crisis in the Philippines since the siege of Zamboanga City by the Moro National Liberation Front in 2013.

President Rodrigo R. Duterte last week said the retaking of Marawi is being “delayed” by his order to the military to refrain from attacking a mosque where the militants are hiding with 300 civilian hostages. On June 8, Mr. Duterte signed Administrative Order (AO) 3 creating an interagency task force for Marawi’s

rehabilitation. This comes on top of his promise to increase the allotted funds for the revival of the city, now at P20 billion from the initial appropriation of P10 billion. Budget Secretary Benjamin E. Diokno earlier said Marawi’s revival may cost more than P20 billion because the city’s restoration could take years.

Republic of the Philippines Office of the President Housing and Urban Development Coordinating Council HOUSING AND LAND USE REGULATORY BOARD Northern Mindanao Region

NOTICE Notice is hereby given that VCDU Realty Corporation has filed with this Office a sworn registration statement for the sale of house & lot packages in VCDU HORIZON II SUBDIVISION located at Barangay San Vicente, Butuan City, Agusan del Norte and more particularly described as Lots 5 – 30 in Psd-13-023247 containing an area of 2,086 sq. m. and covered by Transfer Certificate of Title (TCT) No. i57-2014002634. The foregoing project is being utilized as compliance for VCDU SHANGRILA SUBDIVISION located at Barangay Imadejas, Butuan City, Agusan del Norte in accordance with Section 18 of Republic Act (RA) No. 7279. All papers relative thereto shall, upon request and payment of processing fee, be available for inspection during business hours by any person having legal interest thereon. Absent any legal impediment, the above-cited project is deemed registered and a certificate, in evidence thereof, shall forthwith be issued after five (5) days from the last day of publication. Cagayan de Oro City this 4th day of August 2017. (SGD.) CHARITO A. RAAGAS Regional Director BWM: Aug 9 & 23, 2017

Republic of the Philippines Office of the President Housing and Urban Development Coordinating Council HOUSING AND LAND USE REGULATORY BOARD Northerrn Mindanao Region N O T I C E

Notice is hereby given that VCDU Realty Corporation has filed with this Office a sworn registration statement for the sale of lots / house & lot packages in VCDU SHANGRILA Subdivision located at Barangay Imadejas, Butuan City, Agusan del Norte and more particularly described as Lots 1 -26 of Block 2 and Lots 1 – 30 of Block 3, all in Psd-13-026453 containing an area of 9,874 sq. m. and covered by Transfer Certificate of Title (TCT) No. 157-2014000361. The foregoing project is utilizing the lots within VCDU Horizon II Subdivision specifically Lots 5 – 30 of Block 5 in Psd-13-023247 respectively, as its compliance pursuant to Section 18 of Republic Act (RA) No. 7279. All papers relative thereto shall, upon request and payment of processing fee, be available for inspection during business hours by any person having legal interest thereon. Absent any legal impediment, the above-cited project is deemed registered and a certificate, in evidence thereof, shall forthwith be issued after five (5) days from the last day of publication. Cagayan de Oro City 4th day of August 2017. (SGD.) CHARITO A. RAAGAS Regional Director PAUNAWA Ipinagbibigay-alam na ang VCDU Realty Corporation ay naghain sa Tanggapang ito sinumpaang aplikasyon para sa pagbebenta ng mga lote / bahay at lote sa VCDU SHANGRILA Subdivision na matatagpuan sa Barangay Imadejas, Butuan City, Agusan del Norte at sinasakop ng Lote 1 – 26 ng Block 2 at Lote 1 – 30 of Block 3, ng Psd-13-026453 sa ilalim ng titulo bilang 157-2014000361. Ang nasabing proyekto ay ginagamit ang VCDU Horizon II Subddivision sinasakop ng Lote 5 – 30 ng Block 5 sa Psd-13-023247 na matatagpuan sa Barangay San Vicente, Butuan City, Agusan del Norte bilang pagtupad sa Seksyon 18 ng Batas ng Republika Blg 7279. Lahat ng mga kasulatang kaugnay nito ay maaaring suriin ng sinuman na nagtataglay ng legal na interest dito matapos humiling ng pagsusuri at magbayad ng kaukulang halaga sa tanggapang ito. Kapag walang sagabal na legal, ang proyektong nabanggit ay ituturing na rehistrado at maari nang bigyan ng sertipiko bilang katibayan nito, pagkalipas ng limang (5) araw mula huling paglalathala. Lungsod ng Cagayan de Oro City, ika-apat (4) ng Agusto 2017. (SGD.) CHARITO A. RAAGAS Pinunong Rehional BWM: Aug 9 & 23, 2017


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