BusinessWeek Mindanao (December 13, 2017)

BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 83

Market Indicators FOREX

PHISIX

US$1 = P50.435

8,334.06

9.2 cents

RELIABLE

X

-24.51 points

Briefly

Investment hub DAVAO City – Davao City continues to attract more investors particularly real estate developers based on the influx of business executives, tourists, and inquiries on business opportunities in the city.

Prime Philippines, a Manila-based consulting company, said President Rodrigo Duterte remains to be the drawing power to the growing attention Davao City is getting.

This includes the interest of foreign investors who are looking for better options. This development is validated by several consulting companies already set up offices here to help investors in the real estate industry look for opportunities and help them analyze the local setting.

‘Green’ jeeps NEW and environmentfriendly models of public utility jeepney (PUJs) will be put on display here sometime this month to assure the riding public that the Duterte administration is ready to implement the Public Utility Vehicle Modernization Program (PUVMP).

Regional Director Aminoden Guro, of the Land Transportation Franchising and Regulatory Board in Region 10 (LTFRB-10), said operators and drivers will be able to swap their dilapidated jeepneys with the new PUJs at the display center.

Several manufacturers, Guro said, have expressed interest in mass-producing electric P UJ s t o a c c o m m o d a t e the expected demand in the wake of the administration’s transport modernization program.

IN-DEPTH

Cagayan de Oro Lapasan Highway, Cagayan de Oro City

Minda traders lay down 5-pt agenda for Marawi www.businessweekmindanao.com

As of 6:00 pm December 12, 2017 (Tuesday)

X

YOUR Mindanao-wide BUSINESS paper

Wednesday | December 13, 2017

D

P15.00

By ANTONIO L. COLINA IV, MindaNews

AVAO City — Business leaders in Mindanao have laid down a five-point advocacy agenda for government to consider to help hasten the recovery of business activities and uplift the status of displaced Meranaws in wartorn Marawi City.

Ruben Begafria, trustee for Mindanao Business Council (MinBC)-Northern

Mindanao, presented the five-point advocacy agenda before members of civil

society organizations, local g ov e r n m e nt u n it s an d business executives attending the MinBC 2017 Annual General Membership Meeting and Partners Forum at the Marco Polo Hotel Davao last Friday.

These are: support and help the immediate resumption of business activities in Marawi; encourage formal and legitimate operations agenda/PAGE 11

CHRISTMAS GREETINGS. Children greet churchgoers after dancing to the tune of a Christmas song at the Redemptorist Church in Iligan City. mindanews photo by bobby timonera

Japanese investors eye Laguindingan logistics hub, Cagayan de Oro hospital

By MIKE BAÑOS, Editor-at-Large

T H E C a g ay a n d e O ro Chamber of Commerce and Industry Foundation, Inc. is confident a new wave of Japanese investors will soon be coming to Cagayan de Oro City and Misamis Oriental to invigorate the regional economy.

During a recent trade mission to Osaka and Tokyo, the Oro Chamber delegation headed by current President Robertino E. Pizarro, past president Ruben Vegafria, Trustees Manuel Boniao and

Pio Baconga with Executive Director Chris Ivan Lagapa, called one of Japan’s largest cong lomerates and t he Philippine Embassy to follow up expressed interests in the city and province. “ We w e r e w a r m l y welcomed at Air Water Inc.’s corporate headquarters in Osaka by Mr. Shinichi Sato, general manager of their Global Business Dept. and Mr. Naohisa Shimada, assistant general manager,” Vegafria investors/PAGE 9

Marawi biz leader agrees to martial law extension but concern over abuses

By ANTONIO L. COLINA IV, MindaNews

DAVAO City – Metro Marawi Chamber of C ommerce and Industr y (MMCCI) vice president Solaiman L. Matonding agreed to extend martial law in Mindanao to one year for maintaining security but the government must make sure to address rampant looting by the military, this being “the

untold story of the Marawi siege.”

“If this is not resolved, then martial law is defective,” Matonding said in a text message to MindaNews on Monday.

Matonding, who is also President of the Marawi Association of Internally concern/PAGE 9

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

2

Economy

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

wednesday|december 13, 2017

PH economic, export targets can be achieved by tapping $2T halal market, says exec

T

he Philippines will be able to meet its economic growth targets if it can penetrate the global halal market, a burgeoning trillion-dollar industry expected to nearly double in value over the next five years, according to a high-ranking executive of a Dubai-based coalition of halal accreditation bodies.

The halal industry is a new but booming sector worth $2 trillion today, but it is forecast to expand to $3.8 trillion by 2022, emphasized Mohammed Saleh Badri, director general of the

International Halal Accreditation Forum (IHAF). The IHAF, based in Dubai, United Arab Emirates, is a nongovernment network of accreditation entities that are mandated to enforce halal standards in their countries and territories.

Speaking at a panel discussion at the recent 2017 National Export Congress in Pasay City, Badri said that if the Philippines is able to get a slice of this market, it can easily accomplish the growth targets set in the Philippine Development Plan 2017-2022 and the Philippine Export

Development Plan 20182022.

The halal market is particularly attractive for small and medium enterprises (SMEs), Badri told PHILEXPORT News and Features on the sidelines of the event.

“SMEs or e-SMEs can get into the market by getting a certification so once they’re certified, and that certification is already backed up by the government here, they can send to any of the 27 countries that we have, so that is a great opportunity for them.”

He added that within two years, they are hoping

RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

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

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

that countries affiliated with IHAF will increase to between 45 and 50. “That’s what we’re aiming for,” he said.

He continued that IHAF is offering to assist the government to set up a halal certification system so that local enterprises will not have to get certification from abroad.

“I think the government and DTI are building a system on how certification could be approved here [which is] cheaper than bringing in certification from outside,”

he told PHILEXPORT. He said he believes the Philippine government will be able to set up the system over the next two years and “we can help them to set up the system.”

Since there is already a Philippine Accreditation Bureau (PAB), “it’s a matter of coordination with them to set up the system here,” he explained.

Once the system is here “then certification bodies here can certify all the products from SMEs or others and that will be accepted everywhere.”

The PAB is the national accreditation body tasked to accredit inspection, testing and certifying bodies, and other bodies offering conformity assessment services.

On which halal products are currently in great demand, Badri said it is food products for now, but in the next two to three years, demand will be high for cosmetics and pharmaceuticals, and “the Philippines can play a good role in terms of SMEs in cosmetics,” he said.

The suggestions and inputs made during the National Export Congress held recently in Pasay City are important as the government finalizes the Philippine Export Development Plan (PEDP), said Undersecretary Nora Terrado of the Department of Trade and Industry (DTI).

“The new PEDP will provide the compass for how we are going to reach or surpass the export target set up for us under the Philippine Development Plan, which is to beat the [export] target of $122 billion to $132 billion by 2022,” Terrado said in her speech.

Terrado said the key

strategy of the government is “to use export as a way to manage our trade balance.”

“Export is an important component of our PDP, [as it] represents 30% to 40% of our economy. Therefore it’s important to put focus on areas where we can be market leaders.”

These major focus areas under the PEDP include implementing relevant components to address supply gaps in key products such as agricultural products.

She added: “We need to undertake joint scoping missions to develop a goto market strategy where we could [become] global market leaders.”

Another crucial area is providing support to lawmakers’ endeavors to remove trade barriers and address behind-the-border issues for key products and sectors.

There is also a need to create “a sectorspecific collaboration and communication plan” to acquire new markets, as well as a manpower development plan “because people are an important factor in innovation initiatives.”

“People will make the difference, and investments in human resources are critical components of making innovation f ly,” said Terrado. export/PAGE 9

Export summit delivers insights into exporters’ needs and issues

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

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

wednesday|december 13, 2017

cmyk

3

4

Opinion

HOTLINE

DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

RUFINO T. MAGBANUA

Vice President for Business Development

Joe felicilda

JOHN AARON M. DEL BANDO

Vice President for Events and Promotions

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

gilbert y. chao Motoring Editor

JUN AYENSA

Regional Editor - Caraga

Cris diaz ATTY. antonio s. soriano mike baños 2f, ICS Building BONG FABE Tel.No.: 881-0176 Uriel quilinguing Tiano cor. Montalvan sts.

Contributing Editors Legal Counsel CLIFFORD SANTILLAN Layout Artist

ATTY. MARIO T. JUNI

ABEGAIL BAYNOSA Sandra encoY

Juni Law Office Cruz Taal St., CDO Legal Counsel

Cell No: 09352379999

Advertising

Ruffy magbanua FOR all his passion and dedication to his job as legislator, Sen. Richard Gordon, raised this question to all and sundry as to why we, Filipinos, can’t just do our jobs without talking too much on everything and anything.

Visibly irked and fed up of too much rhetoric from

Member: Philippine Press Institute Oro Chamber

The power of positive talking think a minute

jhan tiafau hurst Think a minute…They say, “Love is blind.” So when a guy’s in love with a girl and he wants his family to like her, do you think he’ll say anything bad about her to his family? Would he tell his parents that his girlfriend is stupid? Or that she’s lazy and can’t cook? I seriously doubt it! It’s just the opposite. He points out only his girlfriend’s good qualities to his family.

You see, when you’re in love, you’re blind to your boyfriend’s or girlfriend’s weaknesses. And even if you do see their faults, it just doesn’t seem that bad or important. Because after all…you’re in love with that person!

You know whom else we need to love like that? It’s our own children. Do you realize that our kids believe

the things we say to them?

So when you and I tell our children that they’re stupid, lazy, or bad, they really believe it! With our words, we parents can actually kill any self-confidence our kids have! Because if a child believes us when we tell them that he or she is dumb, weak, or can’t do anything well, then they won’t. That’s just what they’ll become!

One of the most important gifts we can give our kids is to love them without conditions and help them believe in themselves. Since whatever our kids believe about themselves is what they are going to become!

So when you and I tell our kids that they’re smart, good with their hands, or that they’re good-looking.

When we tell them that we will always love them no matter what they do or how they look. When we tell them their good points every day. We’re not giving our kids a big head or spoiling them! Rather, we’re building their self-confidence and preparing them to succeed and handle life well!

You see, if you want your children to succeed, then it’s your job to give them a chance! It’s your talking/PAGE 9

all corners, he threw this question once more to his colleagues in Congress, to the critics of this administration, to the dutertards and the yellowtards and to the mainstream and social media: why can’t we all just do our jobs?

The good senator from Olongapo may have all the good intentions of serving well the Filipino people without much fanfare. Yet lest he forget, he lives in a country where the national pastime is rumor mongering.

Gossiping is a contagious national pastime, more popular than basketball, texting or even taking shabu.

Aside from drug addiction, malling and spreading rumors (read: false news) these days are the two most effective

way of wasting one’s free time.

Anyone can join, it’s free, no skills needed, only a big mouth and sharp tongue needed, and that’s it – your language, be it ala Duterte, or Trillanes, or worse, De Lima, makes your day complete, and well, satisfied of spreading something, be it good or bad.

And almost everyone eagerly does the spreading of the word so to speak, throwing in their two cents worth of information at hand, be it true or false, in any and every conversation.

Gossiping therefore is the best pastime for us, an effective tool to ward off boredom and even hunger.

To some, rumor mongering is their way of keeping their sanity intact.

You hear these loose talks just anywhere and anytime– in the neighborhood, in malls, in offices or even in jeepney rides.

To the haters and losers, it’s the best weapon to combat envy and hatred.

And to those who are already addicted to spreading rumors, it seems that they won’t last a day without gossip.

People who are into rumor mongering would surely say that without gossip, they may not know what to do with their time. Life would be so drab that, in the quest of excitement and the sheer need to break routine, spreading rumors come easy and free.

With due respect, I can only empathize with Sen. Gordon. He wants this jobs/PAGE 9

Man now preoccupied with setting asside good values Kakampi mo ang batas

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

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City.

It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2017-02942. Tel. Nos.: (088)856-3344, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

wednesday|december 13, 2017

Why can’t we just do our jobs?

Businessweek Mindanao Corporation Publisher

Vice President for Administration

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

Batas Mauricio LIFE’S INSPIRATIONS: “…

Teach me, Lord, the way of your decrees, that I may follow it to the end…” (Proverbs 119:33, the Holy Bible).

-ooo M A N N O W PREO C CUPIED WITH SETTING ASIDE GOOD VALUES: From Facebook: “When Rev. Joe Wright was asked to open the new

session of the Kansas Senate, everyone was expecting the usual generalities, but this was what they heard: `Heavenly Father, we come before you today to ask your forgiveness and to seek your direction and guidance. We know Your Word says, `Woe to those who call evil good’, but that is exactly what we have done.

“We have lost our spiritual equilibrium and reversed our values. We have exploited the poor and called it the lottery.

We have rewarded laziness and called it welfare.

-ooo CHILDREN’SDISCIPLINE NEGLECTED IN THE NAME OF “SELF-ESTEEM”: “We have killed our unborn and called it choice. We have shot anti-abortionists and called it justifiable. We have neglected

to discipline our children and called it building self-esteem.

“We have abused power and called it politics. We have coveted our neighbor’s possessions and called it ambition. We have polluted the air with profanity and pornography and called it freedom of expression.

“We have ridiculed the time-honored values of our forefathers and called it enlightenment. Search us, Oh, God, and know our hearts today; cleanse us from every sin and set us free. Amen!’

-ooo PRAYER THAT WOULD BRING MAN BACK TO GOD: “The response was immediate.

A number of legislators walked out during the prayer in protest. In six short weeks, Central Christian Church, where Rev. Wright is pastor,

logged more than 5,000 phone calls with only 47 of those calls responding negatively. “ The church is now receiving international requests for copies of this prayer from India, Africa and Korea. With God’s kind help, may this prayer reach the farthest corners of our country, so we can be known as a nation under the care of God…” -ooo WATCH ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at www.facebook. com/angtangingdaan.

Please see the video section.

Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058.

Email:batasmauricio@yahoo. com

Assurance and caution hints and traces

roy cimagala C h r i s t ’s r e d e m p t i v e work that culminated in his passion, death, and resurrection should reassure us that there is really nothing to worr y about our precarious earthly condition. As long as we unite ourselves with Christ, at least to some deg re e, e ver yt hing wi l l be taken care of.

Christ already assumed all our sins. With his death, he delivered death also to ou r s i ns . A n d w it h h i s resurrection, he conquered them. The sting of our sins, and esp ecially of death itself, has been removed and changed into a balm of redemptive power.

This truth of our faith should leave us at peace

and more focused on the t hings we oug ht to do.

It’s i mp or t ant t hat ou r earthly life be spent more in doing good rather than in worr ying about the mistakes and sins that we commit. This is what true love is.

Just the same, we should neither forget that, human a s we are , we c an a l s o get spoiled by this sense of security provided by C h r i s t . We s h o u l d b e most guarded against this danger that will always be around.

To c o u n t e r t h i s potential danger, and if we truly identify ourselves wit h C hr ist, we shou ld always feel the need for c ont r it i on , at on e m e nt , and reparation even if we can also rightly say that we have been behaving as we should in the eyes of God. T h at i s t o s ay, t h at we have b e en guarding and defending ourselves against temptations and tr ying to lead a holy life.

We should never think that our duty for contrition, atonement, and reparation is lig htened b ecaus e of

our good behavior.

In fact, if we truly ident if y ours elves w it h Christ, we will never forget his words: “Whoever wants to b e my dis ciple must d e ny h i m s e l f a n d t a k e up h i s c ro s s d a i l y a n d follow me.” (Lk 9,23) We should do all to put these words into practice. No day should pass without having to live by t hes e words.

If we have the mind of Christ, we should all the more fe e l t h e ne e d for c ont r it i on , at on e m e nt , and reparation while we are progressing and improving in our spiritual life. Christ’s love for us went and continues to go all the way. It is limitless, given without measure.

Our love for him and for others should be patterned after that divine love.

S o we h ave to l e ar n how to blend a sense of confidence and assurance with the sense of caution by generously practicing penance and r e p a r at i o n . We s h o u l d feel confident and secure, but not overconfident as to get blind to the need

for continuing penance.

A certain equilibrium between these two attitudes should be established.

It’s important that the life of Christ, especially that part of his passion, death and resurrection, be always clearly borne in our mind. We need to realize more deeply that more than just following our own ideas, no matter how brilliant and smart, we always have to follow Christ’s life and example.

This, of cours e, wi ll require that we spend time m e d it at i n g on C h r i s t’s life. Let’s hope that this practice becomes a regular fe atu re of ou r d ay. We have to overcome the thought that this practice is something optional or that it is just a luxury that we can afford to let go.

L e t ’s n e v e r f o r g e t that we are meant to be p att e r n e d af t e r C h r i s t .

We are meant to be ‘alter Christus,’ another Christ, i f n o t ‘ i p s e C h r i s t u s ,’ C h r ist h i ms elf. That is truly our fundamental and indispensable identity! roycimagala@gmail. com.

5

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

wednesday|december 13, 2017

Vivo presents One Music Popssss

V

ivo, the fastest growing global smart phone brand in the world today, has collaborated with One Music PH for Popssss, an online show that is part of ABSCBN’s One Music PH shows.

Popssss, powered by Vivo Philippines, features fresh and seasoned talents in the local music scene.

The first season of Popssss, launched February this year, featured former child star and now soap opera star and recording artist Alexa Ilacad in its successful pilot episode with Vivo influencer Iñigo Pascual hosting the program.

Vivo Philippines brand endorser and Ultimate Teen Hearthrob Iñigo made a fantastic host, leading the show alongside another Vivo influencer and former PinoyBoyband contender Tony Labrusca.

The tandem brought flavor and pizzazz to the program with their unshakeable energy and talent. Popssss was a milestone show for Inigo as it paved the way for a digital concert with his real life love interest Maris Racal. Maris Racal is also one of the new faces of the Vivo family.

Popssss is just one of the many promotional stints of Vivo, which aims to reach out to the selfie-centric audience.

Vivo, through their smart phone products,

believes in the power of self-expression, very much akin to the talents showcased in Popssss.

Season 3 of Popssss, which aired September 19 was co-presented by Vivo Philippines and another season will unveil very soon.

About Vivo A young global smartphone brand introducing perfect sound quality and ultimate photography with cutting-edge technology, Vivo develops dynamic and stylish products for passionate young people. Vivo makes stylish smartphones with cutting-edge technology accessible to young people and professionals around the world. It now has close to two hundred million users to date and is one of the preferred brands of young people around the world.

According to Counterpoint’s latest research, Vivo is now the fifth largest smart phone brand globally in 3Q 2017, capturing a market share of 7.1%. Out of the top 5, Vivo had the highest year-on-year growth of 32% in global shipments.

For inquiries about Vivo, visit the Vivo website at www.vivo.com/ ph or check out their Facebook (https://www. facebook.com/VivoPhil), Instagram (https:// www.instagram.com/ vivophil/), and Twitter (https://twitter.com/vivo_ phil) accounts.

"Get 10% OFF on regular-priced items with a minimum P500 single-receipt purchase - just present your PagIBIG Loyalty Card at The SM Store on December 14! "

Vivo endorser Inigo Pascual taking a perfect selfie with the fans

Ultimate Teen Heartthrob Inigo and PinoyBoyband contender Tony Labrusca

6 PH ranks low in innovation index-PIDS

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

wednesday|december 13, 2017

The Philippines needs to beef up its innovation capacity. Recent data show it has not scored well in the Global Innovation Index (GII), ranking fifth among seven ASEAN member-states and 73rd among 127 countries.

According to Philippine Institute for Development Studies (PIDS) Senior Research Fellow Jose Ramon Albert, this poor performance can be attributed to the low amount of public expenditures on research and development (R&D), inadequate number of research scientists and engineers, inadequate infrastructure, restrictive regulations that hamper the conduct of research, and the weak linkages of firms engaged in

innovation activities with government and the academe.

"While the Philippines has had a slight increase in R&D expenditure as a percentage of the gross domestic product (GDP) in recent years, it spends only less than a fifth of one percent of the GDP," Albert explained further during the seminar on Measuring and Examining Innovation in Philippine Business and Industry held at PIDS recently.

The United Nations Educational, Scientific, and Cultural Organization recommends that developing countries spend one percent of their GDP on R&D, Albert said.

The Philippines' spending level falls below that of Singapore (2.4%) and

Malaysia (1.3%) and even that of Thailand (0.5%) and Viet Nam (0.2%).

Albert noted that the low spending issue on R&D activities is an old concern that reflects the little priority to science, technology, and innovation in the country.

To foster innovation in the Philippines, Albert, citing his 2015 Survey of Innovation Activities, stressed the importance of human capital investment.

"R&D spending will have little impact without a vast pool of well-trained engineers and scientists, and human resources. For instance, China's progress can partly be attributed to its decision to open up to innovation and invest in human capital," he said.

Albert also

recommended giving assistance to micro, small, and medium enterprises (MSMEs) in terms of financial and training support. But this should be "targeted" because helping MSMEs without focus can be a recipe for disaster, he emphasized.

Strengthening linkages between knowledge producers and users can also improve the innovation climate in the country. According to Albert, the government will need to actively promote the free exchange of ideas and flow of knowledge from outside companies.

"Establishments, especially large firms, need to be stimulated to cooperate for innovation rather than being averse

to networking with their competitors. Improving networking and promoting linkages and collaboration among the government, industry associations, and universities and research institutions must be pursued vigorously and should be given far better budgets than what is currently available," he said.

Further, Albert proposed that government should look into regulatory frameworks, as regulators may have a tendency to focus more on implementing regulations (that may not be always applicable to changing environments) than prioritizing the ultimate goal of public welfare.

"One can only look at the current regulatory

scrutiny of the LTFRB over Grab and Uber, as an example. Regulators and legislators have to seriously examine the extent to which regulations are becoming barriers to innovation and encouraging monopolistic positions in a market," he commented.

Albert also urged the adoption of a "whole of government approach" to widely promote and encourage innovation in the Philippines.

"National government agencies, local government units, and legislators need to work in tandem with academe and the business sectors to foster innovation. The government needs to provide more leadership ranks/PAGE 9

Community based rehabilitation program By: Mae Vanessa Grace C. Pahayahay Rural Health Unit Salay

Non-C ommunic able Dis e as es (NCDs), also known as chronic d is e as e s and l ife st y l e rel ate d diseases, are non-infectious and are not passed from person to person. They are of long duration and generally slow progression.

The four main t yp es of noncommunicable diseases are c ard i ov a s c u l ar d i s e a s e s ( l i ke heart attacks and stroke), cancers, chronic respiratory diseases (such as chronic obstructed pulmonary disease and asthma) and diabetes.

These are the diseases that do not have specific causative agent and incubation period.

In response to the increasing nu m b e r o f p at i e nt s a f f e c t e d with NCDs, the Rural Health Unit conducted a series of noncommunicable diseases follow-up check-up on patients among the 18 barangays of Salay. The aim of the program is to determine patients at the barangay level with diseases of hypertension and diabetes.

The Department of Health have prov i d e d t h e e s s e nt i a l f ou r molecule medicines composed of Losartan 50mg/tab, Amlodipine 10mg/tab, Metoprolol 50mg/tab, and Metformin 500mg/tab. In addition, the Local Government

Unit provided additional HPN and DM medicines like Losartan, Losartan+Hydrochlorothiazide, Amlodipine, Metoprolol, Enalapril, Aspirin, Simvastatin, Captopril, Metformin, Gliclazide, and Glibenclamide. With the NCD follow-up conducted, the Rural Health Staff was able to elect officers from the barangays for the following positions: President, V i c e - P r e s i d e n t , S e c r e t a r y, Treasurer, and Public Information O f f i c e ( PIO ) p e r pu rok . T he group of HPN and DM patients was named “My Forever Club”.

The success of the follow-up ac t iv it ies was a col lab orat ive effort of the DOH, LGU, RHU and Barangay Council. Presently, a tot a l of 1,031 hyp er tensive and 239 diabetic patients were diagnosed with a total of 1,270 patients. NCDs, are by far the leading cause of death in the world, representing 63% of all annual d e a t h s . No n - C o m m u n i c a b l e Diseases (NCDs) kill more than 3 6 m i l l i on p e opl e e a ch ye ar.

S ome 80% of all NCD deaths occur in low- and middle-income countries. Basing on the 2016 vital statistics of the rural health unit, 13.9% (top 3) of the morbidity

rate of the municipality is due to hypertension and 2.9% (top 8) with diabetes. Furthermore, 3 3 % of t he mor t a l it y r ate of the municipality is related to cardiovascular diseases and 7.3% due to the complications of diabetes.

The modifiable and nonmodifiable factors are addressed carefully to obtain control over the progress of the disease. In addition, p at i e nt s are e n c ou r a ge d an d taught with the interventions like proper exercise, diet modification, c ompl i an c e t o t h e t re at m e nt regimen, stress prevention and control, smoking cessation and, stop or l i m it a l c ohol i nt a ke.

Patients are also encouraged to have blood pressure monitoring of once or twice a week equivalent to 4-8 bp takings in a month. This way, compliance to the treatment regimen shall be monitored.

The Rural Health Unit of Salay headed by Dr. Elijah Mateo was grateful enough for the continuous support of the stakeholders on the program. Indeed, Hypertension and Diabetes Illnesses takes a lifetime to treat. That is why in Non-Communicable Disease Program, “May Forever”.

7

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

wednesday|december 13, 2017

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

CEB equips frontline teams with iPads for better service delivery The Philippines’ leading carrier, Cebu Pacific (PSE: CEB) is investing over P60-Million every year over the next five years to implement digital platforms designed to make airport operations more efficient; and for a software system that verifies passengers' international travel documentation, via a real-time database of visa requirements of various countries.

CEB has tapped Levarti Ltd, a leading global developer of web-based and mobile platforms for the airline industry, to install its MAX Suite of mobile and desktop applications.

Levarti’s MAX platform includes MAX Airport, which is designed to streamline check-in operations. Linked to the carrier’s internal systems, MAX Airport allows CEB terminal personnel to remotely check-in passengers, assign seats, facilitate payment for baggage and other ancillary services, and even print boarding passes.

The MAX Airport suite, which is installed on iPads, is now being utilized by CEB ground staff at the Ninoy Aquino International Terminals 3 and 4, in time for the expected surge of passengers during the yuletide season.

All 36 other domestic destinations of CEB have already been equipped

with the remote check-in devices.

“The increasing number of travelers is outpacing current airport capacity and infrastructure. It is imperative we invest in technology and streamline processes to improve passenger throughput at check-in and lessen the pain points for our customers. The remote check-in devices are designed so that passengers can complete check-in procedures without ever having to fall in line at the counters.

As MAX Airport speeds up the necessary steps, the airline’s on-time performance is also expected to improve, thus reducing the occurrences of flight delays caused by these time-consuming procedures,” said Michael Ivan Shau, Vice President for Airport Services of Cebu Pacific.

In the coming months, CEB will integrate the rest of the Levarti MAX suite into its operations.

These include MAX Ops, designed to better manage disrupted flights and assisting affected passengers; and MAX Ramp, which delivers realtime airport, flight and operational information to all personnel and improves turn-around time.

Cebu Pacific has also tapped Dutch firm ICTS, which specializes in aviation security services, operating airport checkpoints,

and verifying travel documents, to install its TravelDoc software.

This allows passengers and check-in agents to check documentation and travel restrictions by the authorities in the transit or destination country.

TravelDoc has a comprehensive Travel Document Rule Library that displays each country's immigration, health and safety, and customs rules. Its key functionalities include a clear “Go or No Go” Go indication, along with clear instructions as to the documents needed and real-time online updates of travel rules information.

This enables CEB checkin agents to expedite the process by cutting the time needed to verify travel requirements.

The TravelDoc library also allows travelers to make better-informed decisions on how to travel to a chosen destination, while still in the process of searching for international flights. They can simply log into the Cebu Pacific website to check on travel requirements to visit a country before they actually book and pay. They can access the database via the “Plan Trip” page in the CEB website (https:// www.cebupacificair. com/pages/plan-trip/ travel-reminders/traveldocuments).

“As we expand our fleet and route network, there’s also been a substantial

focus on improving the customer experience.

While CEB will continue to be a Low Cost Carrier, we recognize the need to ensure our passengers have a good experience flying with us,” Shau added.

Beyond year-round low fares and promotions such as the “Piso Fare,” Cebu Pacific has introduced product innovations that offer greater convenience, value and choice for customers through the years.

These include web and mobile check-in, self-serve check-in kiosks and a new in-flight menu. The carrier also set-up a Customer Command Center—one of the first airlines in Asia to do so—to better respond to customer concerns and feedback; monitor customer sentiment; and provide real-time updates.

CEB has also invested in Disabled Passenger Lifts (DPLs)—the first carrier to do so, that will allow Persons with Disabilities (PWDs) and Persons with Reduced Mobility (PRMs) to board and deplane safely, easily and more comfortably.

The carrier set a PHP27 Billion capital expenditure for 2017, the bulk of which was earmarked for fleet expansion. From January to September 2017, CEB has flown 14.9 Million passengers on over 500 flights a week to 25 international and 37 domestic destinations.

AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274

METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057

ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893

METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162

BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075

METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721

BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637

METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924

BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796

METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731

BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405

METRO BANK- GAISANO 8561720

BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999

The Rotary Club of Kalayaan CDO led by project chair Dale Lagonera presents a five-day Christmas bazaar near Centrio Mall's southeast gate till December 10 featuring a variety of food and novelty items. Proceeds go to the various projects of the group year-round. photo supplied

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

BusinessWeek Feature

MINDANAO CREDIBLE

RELIABLE

IN-DEPTH

Wednesday | December 13, 2017

www.businessweekmindanao.com

8

Miss Universe beauties at the Katibawasan Falls

Camiguin Island: #1 Tourist Destination in the country

By Joe Palabao

Last December 8 with the visit of eight (8) Miss Universe beauties via SkyJet Airlines Inaugural Flight to Camiguin, The Island Born of Fire and An Island of Your Imagination, and whose announced visit has reached over a million views from netizens all over the world after its release and surely catapults Camiguin as the number one Tourist Destination in the country today.

The visit was at the helm of the ever active Tourism Secretary Wanda Teo Tulfo and was facilitated by the dynamic Regional Director May Salvana Unchuan, the Provincial Tourism Council of Camiguin, the Office of the Provincial Governor Maria Luisa Dela Fuente

Romualdo, Congressman XJ Romualdo from the Lone District of Camiguin and with the help of the ever supportive the Hon. Mayor JJ Romualdo of the Municipality of Mambajao.

The Miss Universe beauties who were mesmerized and stunned by the enchanting and captivating Camiguin Island were Miss Canada Lauren Howe, Miss Netherlands Nicky Opeheij, Miss Italy Maria Polvenino, Miss India Shraddha Shashiddhar, Miss Spain Sofia del Prado, Miss USA Kara Mcllough and Miss Korea Cho Se-Whee.

The beauties frolicked in the island and visited different pristine wondrous destination, the Tuasan Falls, the beautiful White

Carl Maglangit DOT X Promotions and Marketing Officer with super active RD May Salvana Unchuan and Vince with a Miss Universe Beauty

Island Sand Bar, one of a kind island in the world, Katibawasan Falls, Sunken Cemetery and the Guiob Ruins of Catarman.

The beauties enjoy the Camiguinons hospitality and was amazed how the people warmly welcome them.

Tourism Secretary Wanda Tulfo Teo said that the Best Ambassadress of Philippine Tourism are the Miss Universe Beauties for they have millions of followers in their own respective countries. And bringing Miss Universe beauties and Tourists to the 7,100 islands is SkyJet Airlines. President of SkyJet Airlines Dino Reyes Chua said they will continue with their mission of serving the under served local

destination and exploring the unexplored islands in the Philippines.

At A Glance - The Island of Camiguin is a worldrenowned destination famous for its relaxing beaches. It is an Island that embodies nature at its best, definite a great outdoor adventure destination. The Land of Friendly People, an Island blessed with natural Wonders: majestic volcanoes, lagoons, lakes, cold, hot and soda springs, pristine waterfalls, white sandy beaches at par with the finest in the country, two beautiful islets lost at Sea and a seascape teeming with colorful varieties of marine life. Mother Nature’s best are all found here in this small island. KUDOS Camiguin.

The dynamic Tourism Regional Director May Salvana Unchuan with two lovely Miss Universe at the world White Island of Camiguin

Tourism Secretary Wanda Tulfo-Teo

SkyJet bringing the Miss Universe to Camiguin Island

Photographer Glen Palacio winning moments with Miss Universe Beauties

Miss Universe Beauties visited Camiguin the Island of your imagination and an Island Born of Fire

RD May Salvana Unchuan with Miss Universe beauties and guests

9

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

wednesday|december 13, 2017

Export... from page 2

In addition, it is necessary to institute policy reforms that ease the burdens of exporters. “Exporters are in the heart of our agenda and we should make it easy for our exporters to do business within the country and as they go out of the borders,” said the official.

Other important aspects to be included in the export development plan are the need for high-level investment promotion and compliance with standards. “We should be very strategic, we should be mindful of the standards that the market sets, that the market demands not because we just have to comply with them,” said the government official.

Noting the importance of data, Terrado also said that market intelligence mu s t b e u t i l i z e d a n d le ver a ge d “ i n order to have st rateg ic busi ness matching opportunities and create transactions that do provide opportunities for our exporters to gain the revenues they want to have.”

Finally, she said, “We need to support endeavors that will make the Philippines improve in the areas of connectivity and technological infrastructure.”

Terrado stated that the proposed export development plans are currently going around the different relevant agencies leading to t he finalization of the PEDP. The DTI-Export Marketing Bureau (EMB) is now in the last stretch of draf ting t he new PEDP for 2018-2022 after holding consultations with stakeholders starting August this year. The PEDP will be anchored on PDP 2017-2022, the 10-point socioeconomic agenda of President Rodrigo Duterte, and the existing PEDP 2015-2017.

The Nationa l Expor t Congress was organized

by DTI-EM B, E x por t D e ve l o pm e nt C ou nc i l , and Philippine Exporters Confederation, Inc. last December 5 during t he National Exporters Week 2017.

Jobs... from page 4

country to move on and become the tiger economy that we aim for so long a time, yet the crab mentality and other bad traits among us persevere, and drags us further down the road to perdition.

We keep on talking about everything, he says. Who’s sleeping with whom? Who’s girlfriend or boyfriend of this? Why can’t we just do our jobs, and behave like the honorable people that we are? Why do we have to talk about them?

Sen. Gordon continues: let’s talk about what are we gonna do about how to improve the economy?

What are we gonna do about uplifting the lives of the Marawi IDPs? What are our priorities for 2018?

Are our jobs okay? Is

the peso going to fall down against the dollar? Are we giving our young people the right education so that we can get them to be productive for the next 10 or so years?

Is our economy on a steady climb to seven, eight or nine percent?

S en. G ordon, a no nonsense politician has this ready answer: No, we’re not.

We keep on talking about everything and anything.

Sadly and admittedly, the good senator may have all the best intentions, yet all these redound to Pinoy bad habits. These are: crab mentality, ningas-cogon, procrastination (manana habit), Filipino time, being onion-skinned, and utter disregard for existing ground rules.

Undoubtedly, we are an awesome and amazing people, but sad to note that these negative traits have continued to pull us down as a nation.

Sigh. (ruffy44_ph2000@ yahoo.com)

Talking... from page 4

responsibility to make your kids believe in themselves and what God designed them to be. And for you to succeed in doing that as their parent, you must use the power of positive talk!

You must encourage your children and building their confidence every day by the way you talk to them.

So Dad and Mom, if you haven’t already, won’t you ask Jesus to forgive you and start changing you into a new person and parent to your kids? It’s only then you can help them start becoming what God made them to be and fulfill His plan for their lives. Just Think a Minute…

Ranks... from page 6

in bringing people and institutions together, and it is important to have one voice over the cacophony of discordant voices we may hear from various government entities," he pointed out.

In particular, Albert enjoined government to focus on: (a) removing barriers and bottlenecks to innovative initiatives in regulatory frameworks; (b) providing meaningful and impactful support to innovators; (c) investing in required technology, research infrastructure, and R&D researchers; and (d) carrying out appropriate reforms in education, the investment climate, and trade. -- PIDS Press Release

Investors... from page 1

said. “We also met Air Water Inc. Chairman of the Board and Chief Executive Officer Masahiro Toyoda.”

Ai r Water Inc . is a business conglomerate with huge interests in industrial gas, chemical processing, medical equipment, energy, agribusiness and food and logistics. It had a $64-billion turnover in 2016.

Its Industrial Gas-related segment is engaged in the

manufacture and sale of industrial gas, high-pressure gas equipment manufacture and installment while its Chemical-related segment manufactures basic and fine chemical products.

The Me dica l-relate d segment provides medical gas products (oxygen and nitrogen), medical equipment and hospital equipment c ons t r u c t i on w h i l e it s Energ y-related segment offers liquefied petroleum gas (LPG) and kerosene.

The Agriculture- and Food-related segment is engaged in the wholesale and processing of fruit and vegetables, manufacture and sale of processed meat products and frozen food, as well as the manufacture of drinking water, while it’s Others segment is engaged in logistics business, seawater business and aerosol business.

Air Water Inc. was founded in 1929 and is headquartered in Osaka, Japan. As of March 31, 2014, the Company had 154 subsidiaries and 60 associated companies.

“Air Water Inc. is interested to explore further possibility of establishing a logistics hub in Laguindingan through its affiliate Air Water Logistics Co, Ltd., in coordination with Ayala Corporation which owns properties around the airport,” Boniao said. “A factfinding team has previously visited Laguindingan to look at the airport expansion and proposed establishment of seaport by Philippine Ports Authority in the area.”

In addition to its operation as a “hub” for the groupwide transport infrastructure, Air Water Logistics, Co., Lt d . a c t ive ly prop o s e s s o p h i s t i c at e d l o g i s t i c s services to customers outside the Air Water Group.

The company professes a comparative advantage in advanced temperature control technologies innovated in the in-house transport of low-temperature liquefied gas, and has been expanding its expertise to sectors where its low temperature transport technology proves an advantage, such as food products and medical fields in which sensitive temperature control is critical to preserve quality and freshness.

Since it started operations in the second quarter of 2013, Northern Mindanao’s main air gateway in Laguindingan, Misamis Oriental (CGY) has accommodated 58, 309 f lights, some 6,835,913 passengers and 87,554 metric tons of cargo which has made it the fifth busiest airport in the Philippines after Manila, Cebu, Davao and Kalibo, which are all international airports.

Over the four equivalent years it’s been in operations from the 2nd quarter of 2013 to 2nd Quarter, 2017, data from the Civil Aviation Authority of the Philippines (CAAP) shows CGY has been averaging approximately 14,600 flights, some 1.75 million passengers and 22,000 MT of cargo annually.

Broken down into average figures per quarter of the 16-month period it’s been

in operation, that’s 3,644 flights per quarter moving some 428,000 passengers and 5,472 MT of cargo.

“We expect to breach the 1.9 million passenger m a r k t h i s y e a r,” s a i d Engr. Jose G, Budiongan, concurrently CAAP Area X and Laguindingan Airport Manager. Already, a P14.3billion expansion project to handle the increasing passenger and cargo traffic has been included in the Duterte administration’s “Build! Build! Build!

Infrastructure Development Program.

Further down the road, the Philippine Port Authority (PPA) recently commenced comprehensive planning for a new port in Laguindingan, Misamis Oriental with the conduct of Topographic, Hydrographic and Port Zone Delineation Survey.

“These are the initial steps in conceptualizing a port facility that would be best suitable for the Port of Laguindingan envisioned to eventually accommodate a cruise ship terminal in addition to the fast ferry terminal,” said PPA Cagayan de Oro-Misamis Oriental Port Manager Isidro V. Butaslac, Jr. In addition to exploring logistics, Air Water Inc. has also expressed interest in importing coconut water and coco sap sugar, which are already among Northern Mindanao’s top exports.

Among the top coconut and coco-based exports of Northern Mindanao are activated carbon, coconut chemicals, coconut fiber, coconut cream, coconut milk powder, coconut oil, coconut husk, coconut shell charcoal, coconut water, copra cake/ meal, desiccated coconut, fat coconut, fresh young nut, reduced fat coconut, sweetened coconut, toasted coconut, and palm oil’s fatty acid.

From Osaka, the Oro Chamber mission proceeded to Tokyo where they met Philippine Ambassador to Japan Jose Laurel V, who shared the imminent plan of a Japanese investor to establish an AIC Hospital in Cagayan de Oro City. “ We d i s c u s s e d a n d promoted the potential of the region as ideal destination for Japanese investors. Also present during the cordial meeting was Ms. Cassandra Sawadjaan, second secretary and consul economic officer of the Philippine Embassy, and daughter of former PPA Northern Mindanao Regional Manager Sak Sawadjaan,” Pizarro said.

Pizarro is scheduled to meet Ambassador Laurel in the 1st Quarter of 2018 to link up with more possible Japanese investors and bring them to the Philippines.

Concern...

from page 1 Displaced Business Persons Association, appealed to government to look into the looting allegedly perpetrated by personnel of the Armed Forces of the Philippines (AFP) securing Marawi.

He added that martial law extension would not be wise if justice will not be given to victims of looting and human rights abuses. He said they demand government to prosecute the culprits.

“Terrorists don’t have cargo trucks to transport these things, only the military is capable of that and there are pictures taken as evidence to prove these allegations – 6×6 trucks of AFP carrying these belongings,” he said.

Photos of alleged looting were emailed to MindaNews

by Matonding. Some of these photos showed militar y personnel loading looted items into the military trucks while others showed trucks full of alleged looted items.

Matonding added that their homes were looted of money and items, which included, among others, jewelry, sala sets, appliances, jars, decorations and even wooden doors made of narra.

Asked how he obtained those photos, he said his friends sent them to him.

[MindaNews asked for the original, untouched high resolution copies of the pictures, but Matonding has not replied yet as of press time.]

Mat o n d i n g s a i d a l l stores in “Padian” (market/ commercial areas) were emptied because of looting.

“Imposible Maute ang kumuha. We suspect kaya tumagal ang gyera ng 5 months dahil sa looting (It’s impossible that Maute took it. We suspect the reason why the battle lasted for five months was because of looting),” he said.

President Rodrigo R. Duterte declared martial law in Mindanao on May 23, following armed clashes between government forces and Islamic State-inspired Maute Group in Marawi.

He announced that he was extending it until end of 2017, only four days before it would expire on July 22.

Congress approved it.

Duterte announced Marawi “liberated” from the influence of the terrorist group after the death of Abu Sayyaf Group leader Isnilon Hapilon, emir of the ISIS in Southeast Asia, and Omar Maute last October 16.

O n e - y e a r m a r t i a l l aw extension In his letter addressed to both houses of Congress dated December 8, Duterte asked for a one-year extension of martial law and suspension

of the writ of habeas corpus from January 1, 2018 to December 2018 upon separate assessments made by police and military.

Duterte said the extension of martial law is necessary to ensure total eradication of the DAESH-inspired Da’awatul Islamiyah Waliyatul Masriq (DIWM), Turaifie Group, Bangsamoro Islamic Freedom Fighters (BIFF), Abu Sayyaf, and New People’s Army.

T h e N PA a n d t h e Communist Party of the Phi lippines (CPP) had been designated as terrorist organizat ions w it h t he P ro c l a m at i on No. 3 7 4 signed by President Rodrigo R. Duterte on December 5 pursuant to Republic Act No. 10168, also known as the Terrorism Financing Prevention and Suppression Act of 2002.

Despite the death of Hapilon and Maute brothers, Duterte said the remnants of their groups have continued to rebuild their organization through recruitment and training of new members and fighters to carry on the rebellion.

“You will note that at least 185 persons listed in the Martial Law Arrest Orders have remained at-large and, in all probability, are presently regrouping and consolidating their forces,” he said.

Create special body Matonding said they recommended to the Task Force Bangon Marawi the creation of a special body that will investigate possible abuses by the police and military and avoid “extortion by men in uniform.”

He said the group also requested the task force to establish Marawi Inventory on Properties Damaged Board (MIPRODAB) to conduct an official assessment of actual damages to private properties and business establishments.

Matonding added they also seek indemnification to all victims in the business sector.

He added that the Marawi Chamber estimated losses in the business sector to reach P8.8 billion.

He said this may not be conclusive of the actual cost of damage because of the inaccessibility of the areas in the battleground and requested that they be granted with safe conduct pass to make better assessment and salvage undamaged goods, merchandise and other valuable properties.

10

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

wednesday|december 13, 2017

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480 Casa Isabella (088) 8564065

Casa Azucena 8563402 / 09236593973

Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63

De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383

Kingston Lodge 8585696 Fax: 8585696

Seda Centrio Hotel 3238888 / 0917-577-5910 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS:

Dept. of Tourism 723696/726394 / 8564048 Fax: 723696

RESTAURANTS:

Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790

Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

STORYTELLERS. The participants, their coaches, and the speakers strike a group photo after the “Storytellers in the Making: A Workshop on Digital Photography, Videography, Journalism, and Civil Society Campaign.” Supplied photo.

Young storytellers undergo training on social media campaign, journalism, photography

S

elect students from five big high schools in Northern Mindanao went through an intensive three-day training-workshop on photography, videography, journalism, and civil society campaign at the American Corner of Xavier University Ateneo de Cagayan.

More than 30 students, who are mostly members of their respective student publications, along with their coaches, spent their days, from November 27 to 29 at the XU American Corner, polishing their creative and technical skills on the said fields.

The participants were from Kapatagan National High School in Lanao del Norte, Bukidnon National High School, Clarin National High School in Misamis Occidental, Gusa Regional Science High School, and Cagayan de Oro City National High School.

Making a difference The first workshop, conducted by Xavier Ateneo’s Development Communication department chairperson Evans I. Yonson, provided a venue for the participants to learn more about how to take quality photographs.

In his lecture, Yonson showed historical and iconic photographs, such as the “Migrant Mother” (1936) by Dorothea Lange and “Leading the March” (1963) by an unknown photographer, among others, and in turn, students identified their elements and social significance.

He encouraged the young participants to continue their photographic practices in their own localities and consider how they can use it as a tool to make a

difference.

On the afternoon of Nov 27, writer Stephen Pedroza shared on how to weave a story about their communities. In his discussion, he imparted ten points: 1. Begin with a picture.

2. Insert hard facts into your story.

3. Use literary devices.

4. Hit the right word.

5. Quotations.

6. Attach quality photos and videos.

7. Express your biases subtly.

8. Obey the grammar rules.

9. Write the story. No more excuses.

10. Ripple and find a fresh angle.

“In the business and ambit of storytelling, content remains king,” Pedroza said, adding that reading diverse books and other materials will help them cultivate their writing skills and help them establish their own writing style.

During Pedroza’s workshop, the participants were asked to compose a sample story applying what they have learned from the ten leads.

Building their own social media campaigns On the event’s second day, representatives from the “I Am Mindanao” team shared their experiences in building a social media campaign against violent extremism.

Run by DevCom students and faculty of Xavier Ateneo, “I Am Mindanao” aims to educate the youth on building peace and interreligious dialogue, strengthen our sense of pride as Mindanaoans, and empower young people to take part in countering violent extremism.

Last July, the “I Am Mindanao” was among the top four campaigns in the Peer-to-Peer Facebook Global Digital Challenge participated in by 114 universities around the world.

The talk was followed by a workshop on videography by Yonson, wherein the participants reviewed various documentary-style and broadcast videos.

Yonson, who teaches Film at XU, also discussed with the young storytellers the different facets of video production, such as angles, types of shots, camera movements, script, and focus.

The curricula used in the photography and videography workshops were written by ARTLAB+, a digital art studio for teens at the Smithsonian Institution's Hirshhorn Museum and Sculpture Garden. The overarching pedagogy used in the programming is HOMAGO, which stands for “hang out, mess around, and geek out.”

Digital campaigns At the end of the program, each team set up their social media campaigns on Facebook.

They applied what they have learned from the lectures and workshops to build the contents of their digital campaigns.

During the last day of “Storytellers in the Making: A Workshop on Digital Photography, Videography, Journalism, and Civil Society Campaign,” each group, together with their coach, launched their social media campaign and calendar of activities.

Below are their digital campaigns on Facebook: Dilaab PH (Gusa Regional Science High School)

Banuwa PH (Bukidnon National High School) Peacebook (Kapatagan National High School) JAM For PEACE (Cagayan de Oro City National High School) Selibu PH (Clarin National High School) Xavier Lara, director of American Spaces Philippines, told the participants in a digital video conference via Zoom that they believe in the talents and skills of young Filipinos to establish a peaceful country and to work together towards development.

As an artist himself, he encouraged the young storytellers to never stop learning about their crafts and to actively get involved in nationbuilding programs.

After a month, the peace-themed campaigns will be judged using the "A-F Framework": Audience analysis; Behavior results; Content; Delivery; Engagement; and Follow-up & Evaluation.

The top three best social media campaign teams will receive certificates and cash prizes from the US EmbassyManila. Winners will be announced in early January 2018.

This event was presented by Xavier Ateneo Libraries, American Spaces Philippines, US Embassy-Manila, and the Smithsonian Institution.

XU Libraries director Estrella Cabudoy expressed her gratitude to the people behind the success of the said program and hopes that it will become an annual offering of the American Corner - Cagayan de Oro City for young storytellers.

11

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

wednesday|december 13, 2017

Agenda... from page 1

of business; institutionalize interventions for entrepreneurial education; intensify business support services and programs; and, support and endorse the recommendations raised by the Metro Marawi Chamber of Commerce and Industry Inc. (MMCCI) to the interagency Task Force Bangon Marawi.

A m o n g t h e recommendations of the MMCCI is to request the Task Force Bangon Marawi to create a “special body” that will conduct an official assessment of actual damages to private properties and business establishments; provide just indemnification to all victims in the business sector; immediately resume business transactions by establishing a temporary public market; and, request for safe conduct pass to enter and salvage undamaged goods and merchandise.

Begafria said the fivep oint advo cac y agenda will improve government efforts in the rehabilitation of Marawi by aiming to “craft policies sensitive of the needs of the community in the context of rebuilding and rehabilitating from all the damage caused by the war.”

He said what the business leaders aim to achieve is to create a “blueprint of actions” that can be replicated in any market and city, which showcases a robust and business-friendly community supported by government and civil society.

MinBC chair Vicente Lao said the five-point agenda is a set of “very concrete suggestions to government that will bring a lot of good for Marawi.”

Resume economic activities Begafria said supporting DEED OF EXTRAJUDICIAL SETTLEMENT AMONG HEIRS

the immediate resumption of e c on om i c a c t iv it i e s would complement relief operations of the government, simplify the processes for business that would boost early economic activity for micro, small and medium enterprises, and provide supply-chain environment for primary commodities with “preferential rates.”

The MinBC also proposed a “one-year moratorium on business lo ans and repayment and interests, streamline process and provide accompaniment on loan and credit applications, and facilitate link access to suppliers that can provide preferential rates.”

“Mo r e i m p o r t a n t l y, c re at i ng a n e t wor k of suppliers to businesses will create an efficient business matching environment,” he said.

Begafria urged traders to register their businesses to formalize their operations because it is difficult to assess economic performance of Marawi without the data.

He said formalizing their businesses will also benefit Marawi by way of revenue generation to finance social services.

“Every year, more and more revenues through taxation are being missed due to lack of legitimate and formalization of many businesses,” he said.

Business coaching Begafria added there is a need to improve access to business coaching among those who want to engage in businesses by providing regular capacity building on entrepreneurship, skills an d t e c h n o l o g y w h e re established business people will provide mentoring and internship opportunities to new entrepreneurs.

Begfaria said MinBC wants government to intensify

s upp or t an d pro g r ams to create a sustainable environment and resilience system for businesses to thrive and grow.

An improved business support mechanism will c re ate a wel l - e nd owe d opportunity for them to increase their financial flexibility, innovate on their craft, engage in advantageous joint venture projects, and take part in public-private partnerships, he said.

Begafria noted government may consider imposing tax relief for two years on business and real property taxes; assistance on market development and linkage; assistance on product development; encourage private sector to undertake join-venture opportunities; and, consider public-private partnership projects.

Soliaiman Matonding, MMCCII vice president, said government needs to pour in more support for the business sector as they can help hasten Marawi’s recovery.

“In reality, it is the business sector that will make the progress in any city, in any country. The progress of developments, the indicator of which is the progress of business sector,” he said.

He said government must hasten the release of aid to small-scale businesses in the Marawi “doing business and starting build up.”

Bigger budget for Marawi businesses A 3,600-member Marawi Internally Displaced Persons Association was created Thursday last week to unify the voices of the private sector displaced by the five-month long fighting between government forces and Islamic State-inspired Maute Group. Matonding sits as association President.

Maton d i ng s ai d t h e business sector of Marawi

Republic of the Philippines Supreme Court of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental

Notice is hereby given that the intestate of estate ELEAZAR A. CAPARIDA who died November 01, 2015 at P-18, Sugod, Valencia City, Bukidnon; That the said deceased mat the time of his death, left that certain property A PARCEL OF LAND situated at Sugod, Valencia City, Bukidnon, containing an area of TEN THOUSAND FOUR HUNDRED EIGHTY FIVE (10,485) SQUARE METERS more or less, known as 119-A-4, Psd10-0044113 covered by TCT No. 83720; ELEAZAR A. CAPARIDA is the subject of EXTRAJUDICIAL SETTLEMENT AMONG HEIRS; is made and entered inyo EVA C. CAPARIDA, EVANGELINE C. CULANAG, ARNEL C. CAPARIDA and BRYAN C. CAPARIDA all of legal age, Filipinos, married except EVA C. CAPARIDA who is widow and all residents of P-8, Sugod, Valencia City, Bukidnon; That the parties HEIRS hereto being all of legal ages and with full civil capacity to contract, hereby by these presents agree to divide, settle and adjudicate, as they hereby divide, settle and adjudicate among themselves, the above-described real properties, EQUALLY PRO-INDIVI SO. Under Notary public of FRANCISCO L. VASIG, JR.; Doc. No. 22; Page No. 6; Book No. CCXXXVIII; Series of 2016.

BWM: Dec. 6, 13 & 20, 2017

BWM: Dec. 6, 13 & 20, 2017

IIN THE MATTER OF THE MISC CASE NO. 2017-1443 PETITION FOR AN ORDER OF THE CANCELLATION OF DECREE NO. 756727 CAD CASE NO. 27 LRC CADASTRAL RECORD MARIANO BURAY NO. 1592 Petitioner, -versusTHE ADMINISTRATOR LAND REGISTRATION AUTHORITY Respondent. x---------------------------/ ORDER Before this court is a verified Petition For Cancellation of Decree No. 756727 on Lot No. 12212-F-P, located at Kibaghot, Laguindingan, Misamis Oriental.

Finding the same to be sufficient in form and substance, the same is set for INITIAL HEARING on February 14, 2018 at 8:30 o’clock in the morning at this court, sitting at the Hall of Justice, Initao, Mistunis Oriental. Persons interested in this petition are required to answer and appear before this court on the aforesaid date and make known their opposition thereto.

The Administrator of the Land Registration Authority is hereby directed at the expense of the applicant to cause the publication of the Notice of Initial Hearing in the Official Gazette and once in a newspaper of general circulation in the Province of Misamis Oriental and the posting of this Order at Barangay Hall of Kibaghot and Municipal Hall at Laguindingan, Misamis Oriental and at the bulletin hoard of this Court.

Further, the applicant is hereby directed to furnish copy of the application and its annexes to the Solicitor General. Lastly, let copies of this Order be furnished to the concerned office of the Department of Environment and Natural Resources (DENR ) of this province.

SO ORDERED. September 20, 2017, Initao, Misamis Oriental (SGD.) MARISSA P. ESTABAYA Presiding Judge

decided to come up with a “unifying force” that will negotiate with government in the rehabilitation and recovery of the country’s lone Islamic city.

He asked government to allocate a bigger budget for the business sector in Marawi.

“We are hearing of billions of pesos from different international donors and als o f rom government.

Billions of pesos that will be spent for rehabilitation of Marawi but there is a very, very small portion allotted for the business sector,” he said.

He said they are requesting government to help them build a temporary “padian” (public market) as a temporary commercial center for goods and other merchandise.

Lao said this is a “good chance to start from scratch,” as he urged government to increase its presence there by putting up national agencies. Lao noted that even before the May 23 siege happened, Marawi had lacked “institutional set-up” conducive for the business community to thrive.

GOLDEN ICON PAWNSHOP Benerandita L. Abrasaldo Main branch: Hayes- Osmena Street, Cagayan de Oro City Tel No: 72-99-73 Puerto Branch: Puerto Cagayan de Oro City Tel No: 74-26-75 NOTICE OF AUCTION SALE Starting December 20, 2017, 8:30 in the morning up to 5:30 in the afternoon, this establishment will hold a public auction of all overdue pledges from August 1, 2017 to November 30, 2017.

Sa Disyembre 27, 2017, sa alas 8:30 sa buntag hangtud sa alas 5:30 sa hapon, ang tanang butang na prenda nga wala malukat sa bulan sa Agosto 1, 2017 hangtud sa Nubyembre 30, 2017 maapil sa subasta. Gi awhag ang tanan butang sa pagsusi sa ilang resibo.

DEED OF EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

(SGD.) NIZA P. TACANDONG Sheriff IV

Notice is hereby given that the intestate of estate MARIETTA L. LUMAGBAS, who died on April 22, 2017 at Cagayan de Oro City; WHEREAS, the deceased at the time of their death left a parcel of land; PARCEL LAND TRANSFER CERTIFICATE OF TITLE NO. 137-2016004008; Lot 7, Block 1, PCS-10-004106 CONS/SUBD. OF LOTS 21470-B and 21470-C, PSD104305-019592, located at Lumbia, Cagayan de Oro City, containing an area of 160 square meters, more or less; PARCEL LAND TRANSFER CERTIFICATE OF TITLE NO. T-32226; Lot 8413-H-6, Psd-10-036748, being a portion of Lot 8413-H, Psd-10-021115 situated at Bolo-bolo, El Salvador City, Misamis Oriental, containing an area of 68 square meters, more or less; PARCEL LAND TRANSFER CERTIFICATE TITLE NO. T-78310 Lot 1337-G-5-B-3, Psd-10-006007, being a portion of Lot 1337-G-5-B, Psd-10-004962 situated at Kauswagan, Cagayan de Oro City, containing an area of 363 square meters, more or less; MARIETTA L. LUMAGBAS is the subject of DEED OF EXTRAJUDICIAL SETTLEMENT OF THE ESTATE; is made and entered among; LLYOD B. LUMAGBAS, (Widower), JOAN MARIE LUGTU LUMAGBAS, CHRISTINA MARIE L. LUMAGBAS, NATHALIE MARIE L. LUMAGBAS, LAURENCE LLYOD L. LUMAGBAS, all of legal ages, Filipino, singles and resident of Villa de Oro Subdivision, Kauswagan, Cagayan de Oro City; That the parties, hereto being of legal age and with full civil capacity to contract and pursuant to Rule 74 of the Rules of Court, hereby by these presents agree to adjudicate, as they hereby divide and adjudicate, among themselves, the abovedescribed real properties including improvements found thereon; Under Notary Public of EMELITO J. MARQUINO; Doc. No. 404; Page No. 80; Page No. XIV; Series of 2017.

BWM: Nov 29, Dec 6 & 13, 2017

BWM: Dec. 6, 13 & 20, 2017

Ang Tagdumala

BWM: Dec 13, 2017

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City NATIONAL HOME MORTGAGE FINANCE EJF FILE NO. 2017-363 CORPORATION,

Mortgagee, -versus- FOR EXTRAJUDICIAL

FORECLOSURE OF REAL CONCORDIO B. LUENGO married to ESTATE MORTGAGE CORAZON B. LUENGO,

Mortgagors, x----------------------------------------------/ Upon extra-judicial petition for sale under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against CONCORDIO B. LUENGO married to CORAZON B. LUENGO, Mortgagors, with postal address at Lot 33 Block 15, Villa Trinitas Subd., Bugo, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of September 30, 2017, amounted to ONE HUNDRED SEVENTY NINE THOUSAND SIX HUNDRED SEVEN PESOS and 59/100 (Php 179,605.59) Philippine Currency, inclusive of interest and penalty charges, the undersigned Sheriff will sell at public auction on January 12, 2018, at 9:00 a.m. to 4:00 p.m. at the Regional Trial Court, Branch 18, Hall of Justice (City Tourism Hall), Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: Transfer Certificate of Title No. T-81218 A PARCEL OF LAND (Lot 33 Block 15, Psd-104305-015867, being a portion of Lot 2, (LRC) Psd-157430) situated in the Barrio of Bugo, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED TWENTY SIX (126) square meters, more or less.

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

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

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

Cagayan de Oro City, November 22, 2017.

12

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

wednesday|december 13, 2017