BusinessWeek MINDANAO CREDIBLE
Volume VII, No. 085
Market Indicators
As of 6:30 pm December 10, 2016 (saturday)
FOREX
PHISIX
US$1 = P49.768
6,880.91
5.5
X X Briefly
cents
12.02 points
Key cities THE National Economic and Development Authority (NEDA) said its plan to spread development to the countryside will involve improving the links of three key cities -- Davao, Cebu and Cagayan de Oro -- to their poorer hinterlands. In its National Spatial Strategy (NSS) review, NEDA’s National Land Use Committee (NLUC), an inter-agency committee, proposed to link urban areas with marginalized ones by creating road, sea and air links to help connect people to better-paying jobs offered by the urban centers. “It is important to improve the mobility of Filipinos by enhancing connectivity between urban centers and marginalized areas. With improved connectivity, linking jobs and people can be done more efficiently,” Socioeconomic Planning Secretary Ernesto M. Pernia said in a statement.
YOUR Mindanao-wide BUSINESS paper
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By CARMELITO Q. FRANCISCO, Correspondent
G
UIDELINES for an electricity spot market in Mindanao are now being drafted, with implementation targeted by June 2017, according to an official of the Mindanao Development Authority (MinDA).
Tue-Wed | December 13-14, 2016
Romeo M. Montenegro, deputy executive director of MinDA, which is a member of the Mindanao Power Monitoring Committee, said the rules for the Philippine’s Wholesale Electricity Spot Market could not be adopted
as conditions in Mindanao are somewhat different from the rest of the country. In the case of electricity cooperatives, for example, a number have already signed purchase supply contracts with energy providers that
have yet to complete their facilities. “Electric cooperatives in Mindanao seemed to be contracted on paper, but the supply is not readily available,” said Mr. Montenegro. market/PAGE 11
Normin cops wont tape firearms’ during holidays By GERRY LEE GORIT, Reporter
Livelihood training THE street families who of Cagayan de Oro city graduated from the Community-Based Livelihood Training received their certificates of completion on December 12 at a graduation ceremony held here. The recipients are very thankful to the city government for giving them the opportunities to finish vocational courses despite their situation. “I never thought that I would be able to wear a black toga. I am so thankful to the people who made this event and opportunity possible,” says Reah Marie Cainglet, one of the graduates for housekeeping. City Social Welfare and Development Officer Teddy Sabuga-a, Dulce Potenciano and Technical Education and Skills Development Authority (TESDA) representatives handed the certificates to 1,079 graduates of the shortterm skills training program, a joint endeavor of the city government and TESDA.
P15.00
Spot market tailored for M’nao conditions: MinDA www.businessweekmindanao.com
MOST CHRISTMAS-DECORATED MOTORELAS. Motorola drivers, disguise as Santa Claus, decorated their motorelas with Christmas-themed ornaments to lure passengers in downtown Cagayan de Oro City. The city has launched a competition for the Most Decorated Yuletide-inspired motorela, a four-cycled public utility vehicle plying selected thoroughfares and communities in the city. GERRY LEE GORIT
Farmers group in Tagum seeks Duterte’s help to recover land By ANTONIO L. COLINA IV, MindaNews
TAGUM City -- A group of banana farmers has sought the assistance of President Duterte and Agrarian Reform Secretary Rafael Mariano in their effort to reclaim a 145-hectare land in Barangay Madaum here that was awarded to them in 1996 under the agrarian reform program. L apanday Fo o ds Corporation (LFC) has been using the land as a Cavendish banana
plantation. Linda Dayahan, a member of the board of directors of MARBAI narrates how they were fired at inside the banana plant ation Monday morning, injuring seven. MindaNews photo by Carolyn O. Arguillas In an inte r v ie w M o n d a y, L i n d a Dayahan, a member of the board of directors of the Madaum Agrarian Reform Beneficiaries A s s o c i a t i o n
Incorporated (MARBAI), said they wanted Duterte and Mariano to intervene, claiming they were not getting support from the city government and provincial Department of Agrarian Reform (DAR). “They should stop chasing us away. We did not steal the land. This was awarded to us by the government,” she said in the vernacular. Dayahan said she is hoping that Monday’s farmers/PAGE 11
THERE will be no sealing of firearm muzzles of law e n forc e r s i n Nor t h e r n Mindanao during the holidays, the police regional office said. The order came after police regional director Chief Supt. Noel Constantino sought the permission of the Philippine National Police (PNP) leadership who approved of his plan during a conference in Camp Crame last week. But PNP-10 spokesperson Supt. Surki Sereñas said Constantino has a deeper reason to forego the annual tradition of sealing their weapons’ during the holidays. Sereñas said Constantino ordered a stop to the yearly firearms/PAGE 11
PREPARING TO PLANT. Women farmers prepare to transplant rice seedlings in Mamasapano, one of the rice producing towns in Maguindanao. Mindanews Photo
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2
Economy Corporate rice farming confab held
E
XECUTIVE heads of agriculture offices and representatives of farmers’ associations and cooperatives attended the orientation for the Corporate Rice Farming Program held in Cagayan de Oro City recently. The discussion focused on t he f r ame work and implementing guidelines steered by Directors Lealyn A. Ramos and Benadette San Juan from Department of Agriculture (DA) – Central Office. T he C or p or ate R i c e Farming Program aims to a d d re ss t he l a ck of accessibility and availability of rice especially to the marginalized sectors of the society without, of course, sacrificing the welfare of
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tue-wed|december 13-14, 2016
the rice farmers. Under this program, the farmers’ associations along with their respective local government units (LGUs) shall enter a Memorandum of Agreement with Institutional Buyers (IB) such as the Department o f S o c i a l We l f a re a n d Development (DSWD) for the supply of rice for their 4Ps beneficiaries. I n t e r e s t e d f a r m e r s’ associations and co op erat ives may avai l this program however; it should be ensured that the groups have a strong credit line of good standing with lending institutions where loan guarantees shall be made for rice production. Als o, the y should be willing to enter
into ag re ement on t he i mpl e me nt at i on of t he program for a minimum of 6 years. On the part of DA, the
agency shall provide farm me chanizat ion supp or t and technical assistance needed in rice production, harvesting, processing and
marketing. DA said that by providing a new market for the farmers, the program will be able to encourage them to venture
into rice production that will, as well, hit the goal for a rice self-sufficient Philippines. (DA RFO-10, PIA 10)
“SULONG Maisan! Sapat na Pagkain ng Bayan,” this year’s theme of the 4th National Quality Corn Achievers Aw a r d s ( N Q C A A ) i n conjunction with the 12th Philippine National Corn Congress, posted a challenge to the corn stakeholders especially the farmers and the agricultural extension workers (AEWs) in their pursuit to attain the goal of the government for food self-sufficiency. For its 4th year, the
NQCAA recognized the achievements of the top performing local government u n i t s ( L G Us ) w i t h outstanding contribution to the corn industry, encouraged DA-LGU partnership in the production of quality corn, and sustaining awareness of the LGUs to the activities of the Corn program. Given recognition in this year’s awarding are five outstanding provinces; five outstanding provincial agriculturists; four provincial
c or n c o ord i n at or s ; 1 9 outstanding municipalities/ c it i e s ; 1 9 out s t a n d i n g municipal/city agriculturists; 14 outstanding municipal/ city corn coordinators; 100 outstanding agricultural extension workers; and the national quality corn achie vers hall of fame awardees. In Northern Mindanao, the town of Don Carlos, Bukidnon was declared as outstanding municipality and was granted with P2M
project being hailed as Hall of Famer. Merlyn Los Banos of Don Carlos awarded as hall of famer for the municipal agriculturist category, where she received cash award amounting to P45 thousand. Three AEWs namely; Purita L. Magaway f rom D on Carlos; Richard B. Leono and Joan Marie A. Diola of Malaybalay City, Bukidnon also hailed as Hall of Famer in the agriculture extension corn/PAGE 9
DA recognizes corn industry movers
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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
President Rodrigo Roa Duterte, led the time capsule-laying for the groundbreaking of the 10.6 MW Pulanai HEPP project, in Brgy Lumbayao, Valencia Bukidnon. He was assisted by PMHC and IDC executives. (PIA10)
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
3 Disney’s Beauty and the Beast at SM Lanang Premier Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
Wednesday|december 14, 2016
Step into the enchanted world of fairy tales as Toy Kingdom and the world’s leading family entertainment company – The Walt Disney Company – brings the magic of the Beauty and the Beast to SM Lanang Premier in Davao on December 14 and 15, 2016. Belle of the Disney fairy tale classic will have an exclusive Meet-and-Greet at the Atrium. Admission is free. Fans and mallgoers can grab a chance to have their photos taken with the captivating Beauty and the Beast character at the meet-and-greet sessions scheduled at 1:00pm, 2:45pm, 4:30pm, 6:15pm and 8:00pm on Wednesday and Thursday. Slots are on a first-come, first-serve basis. The said activity is one of the Merry Magical Christmas happenings at the metro’s premier
shopping and lifestyle destination this holiday season. Mallgoers can also take Instagramworthy photos with their families and friends at the city’s tallest indoor holiday tree and the Disney Christmas Village set at the Atrium featuring the life-size houses of Mickey and Minnie Mouse and Goofy’s Diner. For premium gift holiday shopping, Disney
items are on sale at the Atrium until January 8. In 2015, the SM Group has partnered with The Walt Disney Company Southeast Asia in bringing wellloved Disney brand of stories closer to Filipinos through mall, retail and amusement opportunities. Envisioned as a venue where Filipinos bond with their families, SM aims to give customers a lifetime
CEB adds 2 more routes to promote the MIMAROPA and Bicol regions Offers Php799 all-in introductory seat sale
The Philippines’ leading airline, Cebu Pacific (PSE: CEB), further builds its presence in the MIMAROPA and Bicol regions with the launch of two more routes. Starting February 15, 2017, CEB’s wholly owned subsidiary, Cebgo, will launch daily flights between Manila and Masbate; and four times weekly (Monday, Wednesday, Friday and Sunday) between Manila and Tablas using the newly-acquired ATR 72600 aircraft. The addition of these new routes will allow our passengers to easily visit these fast-rising areas in Luzon, both known for its white-sand beaches, waterfalls and diving spots. “We remain firm in bringing people together through safe, affordable, reliable, and fun-filled air travel. With these additional routes, travellers will now be able to visit these destinations faster while enjoying CEB’s trademark low fares. Rest assured, we will continue expanding our network to reach more passengers in and out the Philippines,” says Alexander Lao, Cebgo President and CEO. CEB holds an introductory Php799
all-in seat sale for flights from both Masbate to Manila and Tablas to Manila from December 12-14, 2016, or until seats last. Travel period is from February 15, 2017 to March 31, 2017. Moreover, cargo services will also be made available in these areas together with passenger services, contributing to growth of the more than 2,000 accounts we currently hold. Aside from Manila, CEB also operates flights out of five other strategically placed hubs in the Philippines: Cebu, Davao, Clark, Kalibo, and Iloilo. The airline’s extensive network covers over 100 routes and 66 destinations, spanning Asia, Australia, the Middle East, and USA. CEB’s 57-strong fleet is comprised of five Airbus A319, 36 Airbus A320, six Airbus A330, eight ATR 72-500, and two ATR 72-600 aircraft. Between 2016 and 2021, CEB expects delivery of two more brand-new Airbus A330, 32 Airbus A321neo, and 14 ATR 72-600 aircraft. For bookings and inquiries, guests can visit www.cebupacificair.com or call the reservation hotlines (+632)7020-888 or (+6332)230-8888. The
latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook pages. Guests may also download the Cebu Pacific official mobile app on the App Store and Google Play.
of happy memories through such worldclass entertainment offerings from Disney for the kids and the young at heart. Come and see
Disney’s Beauty and the Beast come alive at the Meet and Greet at SM Lanang Premier. For event updates, visit SM Lanang Premier’s
official account on Facebook, Twitter and Instagram and search for #TKChristmaswithBelle and #DisneyatSMLanang.
4
Opinion
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Wednesday|december 14, 2016
Thanks Mr. Cusi but No Thanks!
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Too Many Saviors in my Cross, “For our measurements grow strangely dissimilar.” Ser, are you aware that eleven of the 20 poorest provinces in the Philippines are located in Mindanao? Heto po, according the ranking of the Philippine Statistics Authority (PSA): Lanao del Sur (74.3%); Sulu (65.7%); Sarangani (61.7%); Mag u i nd ana o ( 5 9 . 4 % ) ; Bukidnon (58.7%); Sultan Kudarat (56.2%); Zamboanga del Norte (56.1%); Agusan del Sur (54.8%);Lanao del Norte (50%); North Cotabato (48.9%); and Zamboanga Sibugay (44.9%). Mr. Secretary, 8 of the top 10 poorest provinces are in Mindanao (80% po!) and 11 of the top 20 (55% po!) or over half of the 20 poorest provinces in the whole country. And that’s not even counting all those families in Mindanao living below the poverty line in the other provinces of the island which are not counted among that list. Ser, your intention of encouraging investments in Mindanao by using the output of Agus and Pulangi for the manufacturing sector to encourage industrial d e ve l opme nt an d he lp create jobs is perpetuating an injustice that already pervaded the island since the Agus VI plant at the Maria Cristina Falls was set up in 1950. Indeed, the road to hell is
paved with good intentions. You are correct in citing the output of the hydro complex as the cheapest source of power in Mindanao. But who has benefited from the country’s industrialization t r a ck u s i ng t he che ap hydroelectric power plants? Surely, not the people of Mindanao, but foreign investors and carpetbaggers from the North who pillaged the island’s patrimony which rightfully belongs to its people and took it somewhere else. If your staff has b e e n d i l i ge nt i n t he i r homework, they will tell you that the Expanded Rural Electrification Program which sought to attain 100% barangays electrification by 2008 and 90% household electrification by 2017 has fallen flat on its behind. Indeed, you recall how you reported earlier that 100 percent of the country’s 42,036 barangays barangays now have electricity, but Senator Panfilo Lacson found out later that many sitios in those barangays still have no power (Casayuran, 2016). Sen. Loren Legarda also found out that the program electrified only 89% of households in Luzon, 79% in the Visayas, and a mere 56% in Mindanao. Urban electrification was 94%, while rural electrification was only 73%. She noted that most of those who have no access to
H ammer
and
A nvil
By Mike Baños
electricity live mostly in the rural areas, (which account for 4.4 million households living in remote areas) as well as in the outskirts of Metro Manila and Davao. (Torregoza, 2016). I’m sure your noble idea to share the cheap electricity of Agus-Pulangi to the poorest of the poor stems from the Association of Mindanao Rural Electric Cooperatives (AMRECO) proposal to reduce the cost of electricity for residential households in Mindanao by allocating the entire output of the Agus-Pulangi for residential consumers. Instead of being allocated to directly connected industries and the systems operator, the cheap hydro power should be allocated to distribution utilities (DUs), electric cooperatives or private, because the DUs are the ones serving the poorest baños/PAGE 9
Immigration officials must face Duterte-style justice
The End of the World Think a minute…Recently the biggest-selling book in America was about the end of the world. Sometimes watching the world’s news is like watching a horror movie, isn’t it? You know that the 20th century had more people killed in wars than all the other centuries of history combined! Besides all the wars, we’re seeing an increase in many kinds of natural disasters like earthquakes, floods, and hurricanes; plus totally new weather patterns that never existed before such as El Nino and La Nina. T he n , t he re are t he terrible diseases, plagues, and new mystery viruses. AIDS, the worst disease in history, is killing millions of people worldwide with still no cure in sight! In Africa, entire towns have no adults because they’ve all died from AIDS, so just babies and children are left to survive alone. According to a new United Nations report, we now have the worst world hunger and famine in history. Hundreds of millions are starving with countless thousands dying every day. You know that Jesus Christ told us that all these things would happen and
Recently, a national business newspaper ran a headline about the Dept. of Energy mulling the possibility that the output of Mindanao’s hydroelectric power plants may be set aside for the island’s poorest. Energy Secretary Alfonso G. Cusi reportedly said last 16 November that he has asked the Power Sector Assets and Liabilities Corp. (PSALM) to study allocating the output of Agus and Pulangi to the poorest of the poor in Mindanao. Per the good secretary’s statement, that covers the Autonomous Region in Muslim Mindanao (ARMM) region, the Lanao area and Maguindanao. He added that he was also “looking at encouraging investments in Mindanao by using the output of Agus and Pulangi for the manufacturing sector through the industrial zones,” ostensibly to encourage industrial development and help create jobs. The Agus hydropower complex is a series of six hydroelectric power plants driven by water from Lake Lanao that flows along the Agus River. It has an installed capacity of 900 megawatts (MW) while the Pulangi hydropower plant in Maramag, Bukidnon has three units with a total installed capacity of 255 MW. To quote the late Richard Harris in his famous soliloquy
THINK
A Minute
Jhan Tiafau Hurst that they’re like labor pains just before a mother gives birth. These terrible things are the sign that He’s getting ready to come back. Only this time, He’s coming to judge all this world’s evil and wrong. Jesus said we can’t know the exact day of His return, so it will be sudden and here before we know it. But Jesus explained it’s because He loves us so much that He’s waited as long as He can for more of us to choose to receive His gift of forgiveness and eternal life, before it’s too late! But if you know the world’s Judge personally as your friend, then His return is good news because you’re going home with Him to live forever in paradise, just as He promised. hurst/PAGE 9
LIFE’S INSPIRATIONS: “… Jesus answered, `Very truly I tell you, no one can enter the kingdom of God unless they are born of water and the Spirit’...” (John 3:5, the Holy Bible). -ooo WHEN IS THE PROPER T IM E FOR BA P T I SM ? When is the proper time to baptize a person---while he or she is still a baby, unable comprehend what is taking place, or when he or she is already of sufficient age and understanding? The Anak ng Diyos Kadugo Ni Kristo (AND KNK, or the Children of God Blood Kin of the Christ) Church believes that baptism, to have any beneficial effect, must be done when the believer is already old enough to understand. -ooo TWO IMMIGRATION OFFICIALS MUST FACE “DUTERTE JUSTICE”: The two deputy commissioners of the Bureau of Immigration, Mark Robles and Al Argosino, must think that they could take the Filipino people for a ride with their claim that they received P50 million from online gambling operator Jack Lam through retired police general Wally Sombero, as shown by closed circuit TV cameras, to be used as evidence. If their claim was true,
why then is their superior a n d a l l e g e d f r at e r n it y brother, Justice Secretary Vitaliano Aguirre II, very angry with them, and is even quoted in media as saying he wants the two of them fired by another fraternity brother of theirs, President Duterte? This report can be accessed at http://www. bomboradyo.com/…/91914p50-m-gagamitin-namingeb…. ` What is more, the money was received by them, according to the same news report, on November 26 or 27, yet they kept silent about it, coming out in the open only days after news columns and TV footages disclosed their receipt of the P50 million from Sombero. Duterte should not only fire these two, but hit them with the feared Duterte-style of justice; after all, they shamed him and his claim for “real change”, and mocked his fight against corruption. -ooo DUTERTE IS SICK, SO WHAT? So, okay, President Duterte is afflicted with some serious illnesses that may affect his ability to run the country. But, that is nothing to be really worried about. Who is the government official who is not sick? Who is the man or woman who had worked all his or her life who is not suffering
from one ailment or another during old age? Even those who project themselves as fit for the presidency and are ready to takeover the government are sick somehow, either in their bodies, or in their minds, or, what maybe worst, in their souls and spirits, making them capable of even the most treachery or other despicable behavior, whether they know it or not, or whether they care to admit it or not. Sickness, after all, can be cured, in whatever form it may debilitate someone, through many ways. May favorite way is that provided for by Jesus Christ, our God and Savior, in Mark 16:1718 and by James, in James 5:14-16. Indeed, if we trust God and accept and believe in Jesus as God and Savior, we can be cured of any illness, whether serious or merely irritating. -ooo BAPTISM CAN HAPPEN ONLY TO THOSE WHO ARE OF AGE: Baptism, for the AND KNK Church, is an act that converts an ordinary person into a “child of God”. It is what Jesus said in John 3:5, that a person must be born of water and spirit so he can enter the kingdom of God. When is a person born of water and spirit and,
K akampi
Mo A ng Batas
Atty. Batas Mauricio thus, is baptized as a true disciple of Jesus, one that is given the right to become a “child of God”? It is when he accepts and believes in Jesus as God and Savior, by his own declaration, which a child cannot make. So, the AND KNK Church asks: have you been baptized, or born of water and spirit, and therefore, have become a child of God, after you have attained the age of reason? -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 HOURS a day, in the Philippines and the world at www.facebook.com/ angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.
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tuesday|december 13, 2016
5
Billboard 6 Sunnies Fashion Eyewear now invades Cdo
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tuesday|december 13, 2016
Photo and Text By Ercel Maandig
The word “Sunnies” makes one immediately think of the colors of California summer skies;in the Asian Countries it signifies the heat of sun. The eyewear brand Sunnies Studios has created a line of sunglasses that everyone seems to be sporting these days, and with good reason. And it’s not even how your Sunnies can easily turn into the perfect flatlay prop for your Instagram feed, or how it complements any outfit that people easily call out as #wardrobegoal It’s the fact that the brand can transform anyone to become fashion-forward. It wasn’t long until the dynamic team of Eric Dee, Bea Soriano-Dee, Georgina Wilson and Martine Cajucom started to notice that their Sunnies frames were being conveniently converted into stylish prescription glasses.
Sunnies Specs adopts the same philosophy in each frame: fashionforward, versatile and affordable. The basic lenses are multi coated and have UV protection, anti glare, antiscratch, anti-reflection and water-resistant features. But if you want an upgrade, the brand also has protection that blocks harmful blue light emitted by gadgets; transition photochromic lenses for indoors and outdoors; impactresistant polycarbonate lenses for active lifestyles; and the thinnest, lightest lenses for those with high-grade prescriptions. But probably the hardest and most crucial step in getting a Sunnies Specs pair is choosing the eyeglass frame. There are over 130 styles to choose from, but if you think about it, that’s more like a happy problem.
Each frame is well-designed, with every detail—shape, nose bridge style, embellishments, tapered temples, color finish—all meticulously mixed and matched. It has styles to match every face shape and taste; classic frame silhouettes are introduced in a contemporary flare. The cat eye designs include the Dana, with rounded lenses to complement its quirky edges, and Cam, with a semi-rimless body with metal features to draw out the vintage style. Like the sunglasses, color is also a big selling point. The brand kept its ombre gradients and specked and marbled patterns, but stuck to a more neutral palette. Its first set of designs also has pieces with trendy staple frames often spotted in Japanese and Korean street fashion. These include
the styles Mick, Pascal, Kip, Hans, Reid and Crispin. Made with subtle tints or clear transparent acetate or resin, these frames have a simple and minimalist charm. Frames in these muted colors are surprisingly eye-catching but don’t take the attention from the eyes. In fact, it puts more emphasis on them, while also highlighting a person’s face shape. For girls, the frames make it more encouraging to wear eye makeup as it magnifies the focus on the eyes. For Iponan Village Councilor Gaga Brellita who is a Fashion Designer by Profession, its the fashion statement of the product specifically the new generation trend of design that makes Kagayanon patronized the product, and the affordability of it is a big factor. Sunnies Specs
plans to design and release two collections annually. The Product has its display center at two of the leading Malls in Cagayan de Oro City; at Ayala’s
Centrio Mall and at SM City Cdo...”The Sunnies invasion in Cagayan de Oro will surely make a difference” Gaga Brilleta concluded.
Hinay Hinay Sa Pagkain at Pag-inom Ngayong Pasko Ngayong Pasko, marami na namang selebrasyon at mga handaan, siguradong mapapasarap na naman tayo ng kain ngunit kailangan nating maghinay-hinay bago kumain at uminom dahil ang sobrang pag-kain ng matataba at pag-inom ng mga softdrinks at alak ay maaaring makasama sa kalusugan. Maaari
itong makaapekto sa blood sugar level natin kung kaya naman mainam na magkaroon ng supplement na siyang nakakatulong sa pag-control ng blood sugar level kagaya ng BitterGo! Ang BitterGo ay may iba’t ibang sangkap na siyang tumutulong makapagpatibay ng immune
system, makaiwas sa impeksyon at magpatibay ng katawan upang maiwasan ang iba’t ibang uri ng sakit. Ang BitterGo ay mainam para sa blood sugar control na siyang nakakatulong mabawasan ang risks ng Diabetes dahil sa mga ingredients nito. Iwas ka na sa seryosong sakit at
napoprotektahan mo pa ang iyong katawan sa masasamang kemikal. Ang BitterGo ay gawa sa Ampalaya, Banaba, Luyang Dilaw and Bawang na mas napatunayang epektibo kumpara sa mga powdered ingeredients. Ito ay produkto ng ekstensibong pag-aaral at pananaliksik na
nagbibigay ng kalidad na resulta. Mahalagang paalala, ang BitterGo ay hindi gamot at hindi dapat gamiting panggamot sa anumang uri ng sakit. BitterGo ay SRP P7.50, available sa lahat ng Mercury Drug, Watsons at iba pang leading drug stores at supermarkets nationwide!
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Globe Telecom, iPhone 7 customers help in Mindanao “rainforestation” efforts
G
LOBE signs MoA with Hineleban Foundation, Inc. on five-year Rainforestation Program in Bukidnon and Lanao del Sur. L e a d i n g telecommunications company Globe Telecom, together with its thousands of iPhone 7 customers, collaborates with Hineleban Foundation, Inc. on the R ai n fore s t at i on of S i x Mountain R anges of Mindanao as part of the company’s commitment to sustainable development and good corporate citizenship. At the same time, Globe signed a Memorandum of Agreement (MoA) with Hineleban for a five-year Rainforestation Program composed of three key components, namely : reforestation, food security, and sustainable livelihood development. The foundation is a nonprofit organization which advocates environmental conservation and livelihood development by preserving and restoring mountain rainforests and watersheds, as well as providing livelihood opportunities for indigenous people in Bukidnon and Lanaodel Sur. Customers who received the new iPhone 7 under the Globe MyLifestylePlan were able to participate in various cause-oriented programs including env ironment protection and conservation through the Globe of Good
bundle which allowed the company to make a donation on their behalf to partner groups, one of which is Hineleban. “We believe everyone should lead a sustainable lifestyle, one which protects and preserves our natural resources so future generations can enjoy our country’s rich heritage,” said Yoly Crisanto, Globe Senior Vice President for Corporate Communications. “Globe has already established a name for its innovations in mobile and connectivity but it is equally important for the company to give back. We have to make our practices sustainable to keep providing top-notch products and services to the customers who trust us. At the same time, we’re inviting them to be part of our efforts.” Bukidnon, known as the “heart of Mindanao,” has some primary forests left but over 44,000 hectares of forest areas are already degraded. To date, Hineleban operates its rainforestation efforts in three project sites in Bukidnon and two project sites in Lanao del Sur to address the problem. Combined, it covers 1,054 hectares and supports 10 municipalities. Hineleban works on t h e re s t or at i on of t h e environment and sustainable livelihood for the Lumads and the Bangsamoro through Transformational Business
Jollibee to sell stake in China restaurant chain for P649.20-M
Isuzu warns higher tax to dampen PHL car sales
HOMEGROWN fast food giant Jollibee Foods Corp. (JFC) on Tuesday said it will sell its 55-percent share in a Chinese noodle restaurant chain for Renminbi 90 million (Php649.20 million), in a bid to focus on larger businesses in China. In a disclosure to the Philippine Stock Exchange, JFC said its wholly-owned subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) would divest its shareholdings in Guangxi San Pin Wang Food and Beverage Management Company Limited (San Pin Wang). JWPL’s partner in San Pin Wang, Guangxi Zong Kai Food Beverage Investment Company Limited (GZK), will acquire JFC’s share. “JFC has decided to focus on building its Yong he King business, its largest business in China with 315 stores as of November 30, 2016,” the company said. The firm’s divestment of its shareholdings in San Pin Wang is part of its intention to concentrate its resources on businesses with greater jollibee/PAGE 9
THE automobile industry might not reach its 500,000 unit sales target in 2020 if the proposed hike on excise tax on cars would push through, an official from the Isuzu Philippines Corp. (IPC) said. Joseph T. Bautista, IPC marketing head, said last week that the industry could hit the target as early as 2018 if the tax hike would not be imposed. However, the restructured tax plan would not only delay what would otherwise be an earlier milestone, it may even push the target out of arm’s reach. “If the hike is implemented, this will curtail growth -500,000 car sales in 2020 is not likely to happen,” he said in a text message yesterday. “I figure that if the sales continue to grow at a rate of 20% to 25%, it will reach 400,000 in 2016, 450,000 in 2017, and 500,000 in 2018. As I mentioned, the vehicle density in the Philippines is still low at 40 per 1,000 people. We lack decent mass transport system and so the growing middle class are the ones buying cars for mobility
MOA ON RAINFORESTATION PROGRAM. Signatories are Hineleban President Edgar Bullecer (2nd from left) and Globe SVP for Corporate Communications Yoly Crisanto (2nd from right). Witnesses are Globe Program Coordinator Neil Konrad Binayao (left) and Globe Corporate Social Responsibility Manager Rofil Sheldon Magto (right) together with the seven tribe leaders of Bukidnon and Lanao del Sur.
Partnerships. It has also signed a “Sacred Customary Compact” with the Seven Tribes of Bukidnon, duly recognizing the role of the latter as custodians of the forest. G l o b e Te l e c o m’s partnership with Hineleban is part of its Climate Action Program which advocates for t he prote c t ion and preservation of the natural resources for succeeding generations. Globe protects the environment in all areas of its operation, manages its industrial waste and carbon footprint, develops products and services with minimal environmental i mp a c t , an d i d e nt i f i e s areas of reduction through alternative energy resources.
and safety.” On the sidelines of the IPC Media Christmas Party on Dec. 8, Mr. Bautista told reporters that the industry could hit the target earlier than expected only if the increase in excise tax would not push through. “So yung target na (The target of ) 500,000 ng (in) 2020, baka ma-attain siya ng (we might reach that in) 2018 kung hindi ma-impose ang (if we don’t impose the) excise tax,” he told reporters on Dec. 8. “Mataas ang magiging benta next year pero biglang bagsak (sales would spike next year but it would suddenly drop) in 2018.” The Finance department is proposing to reform the government’s current tax program, such as raising the current rates of excise tax imposed on automobiles -- a development which Mr. Bautista called “inevitable” as it is goes through Congress with an expected 2018 implementation. The package includes a re st r u c tu r i ng of t he current tax rates imposed
Globe also implements its e-waste recycling program which promotes the proper disposal of mobile phones and other electronic wastes. At the same time, Globe engages everyone to live a sustainable lifestyle from donating old mobile phones for recycling, joining reforestation activities or simply opting for paperless billing as a collective effort to a significant contribution towards a greener future. For customers who wish to support Globe’s reforestation efforts, they may request tree codes by texting TREE to 2158-8733. This is an SMS-based donation that automatically reflects in the customers’ postpaid bill at a cost of P100/tree.
on automobiles, hiking it to more than double the existing excise tax from 2% to 5% for automobiles with prices below P600,000; 20% for automobiles priced between P600,000 and P1.1 million; 40% for those priced between P1.1 million and P2.1 million; and 60% for vehicles selling above P2.1 million. However, the proposal excludes buses, tr ucks, cargo vans, jeeps, jeepney substitutes and sp ecial purpose vehicles from the higher excise tax. Car makers believe the proposed hike would dent car sales, which otherwise has been growing faster than expected. According to joint data from Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association, the industry has sold 325,468 units, up 24.3% in the January to November period this year from the same period in 2015. As early as October, the industry has already surpassed its 2015 sales isuzu/PAGE 9
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Wednesday|december 14, 2016
Corn... from page 2
workers category where they received cash award worth P30 thousand each. O t h e r aw ard e e s are Neptali C. Ambos, Kristina P. Soria of Lantapan Bukidnon and Ma. Jorgen P. Soriano of Malaybalay City Bukidnon. Each receiving cash prize amounting to P20,000. This form of appreciation, which is conducted, annually will encourage the AEWs to do exceptional performance i n t h e prom ot i on an d development for the corn industry and likewise will bring economic growth for the agriculture sector in the country. This year’s awarding and congress was held in Koronadal City, South Cotabato last month. (MGBS/ PIA-10)
Baños... from page 4
of the poor, who are the targets of your boss, Pres. Duterte’s administration for the reduction of electricity rates. Your boss, the President can order the PSALM-NPC to make the allocation, which should be implemented asap, and stay in perpetuity, for as long as the Agus and Pulangi are generating electricity. Your staff can tell you Agus-Pulangi generated 3,858 gigawat-hours (GWH) in 2015, or 38% of the total generation of all power plants in Mindanao (10,000 GWH). Under favorable weather conditions, power generated by the hydros can exceed 4,500 GWH. Since residential consumers only used 3,151 GWH in 2015 (31% of total consumption, including system loss, in Mindanao) there is still suf f icient electricity from the hydro plants to supply the present
and future electricity needs of residential consumers in Mindanao. Residential consumers stand to have their electric bills reduced by P1.20 per kWh (and save P120 on the monthly bills of indigent households that consume an average 100 kWh monthly) once this is implemented. Besides lowering electricity rates for residential consumers outright, this scheme can even lower electricity rates further during the rainy season in Mindanao should the DOE and ERC restore dump power rates when excess power from the island’s hydroelectric power plants are made available to coops at half the price. Your boss, the President can bring down the cost of electricity even further for residential consumers by asking systems operator National Grid Corporation of the Philippines (NGCP) to s ource its anci l l ar y requirements elsewhere to free up the substantial allocation of some 355 MW it is now getting from the hydros. Since there is now surplus power in the Mindanao grid, NGCP can source its ancillary reserves elsewhere, so the cheap power from AgusPulangi can instead go to the coops and private utilities serving households, who deserve to benefit from the island’s patrimony which rightfully belongs to the people. But not to worry. You can still pursue your intention of providing cheap electricity to attract industries to set up plants in Mindanao once the Agus-Pulangi is taken from the power mix and allocated exclusively to residential users. That’s because once the petition is approved by the president, the bulk electricity
EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED SPS. PANFILO D. BACACAO AND VICTORIA SORVILLO WITH DEED OF ABSOLUTE SALE Notice is hereby given that the intestate estate of the deceased SPS. Panfilo D. Bacacao and Victoria Sorvillo who died on January 27, 2007 and August 6, 2010, respectively, in kinawe, Libona, Bukidnon; That the deceased, SPS. PANFILO D. BACACAO AND VICTORIA SORVILLO, at the time of their death, are the registered owner of a parcel of land which is more particularly described as follows: ORIGINAL CERTIFICATE OF TITLE NO. EO-4, A PARCEL OF LAND (Lot 2, Psu-10-000850 (OLT) being a portion of situated in the barangay of Kinawe, Municipality of Libona, Province of Bukidnon, Island of Mindanao, Containing an area of FORTY THOUSAND (40,000) square meters, more or less. THE HEIRS OF SPS. PANFILO D. BACACAO AND VICTORIA SORVILLO spouses is the subject of EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED SPS. PANFILO D. BACACAO AND VICTORIA SORVILLO WITH DEED OF ABSOLUTE SALE ; is made and executed by and among, ESTERLITA B. DELADA, of legal age, Filipino, married and a resident of Kinawe, Libona, Bukidnon and the surviving daughter of the deceased spouses; MELECIO S. BACACAO, of legal age, Filipino, married and a resident of Kinawe, Libona, Bukidnon and the surviving son of the deceased spouses; ADELIA B. BISA, of legal age, Filipino, married and a resident of Kinawe, Libona, Bukidnon and the surviving daughter of the deceased spouses; FERDINAND S. BACACAO, of legal age, Filipino, married and a resident of Kinawe, Libona, Bukidnon and the surviving son of the deceased spouses; CHRISTOPHER S. BACACAO, of legal age, Filipino, married and a resident of Kinawe, Libona, Bukidnon and the surviving son of the deceased spouses. That for and in consideration of the sum of ONE HUNDRED FIFTY THOUSAND PESOS (P150,000.00), receipt in full of which is hereby acknowledged from the VENDEE, 1) MARLON M. LAGUISMA, of legal, Filipino, married and a resident of Mandumol, Macasandig, Cagayan de Oro City and 2) ARLYE C. RICABLANCA, of legal age, Filipino, married and a resident of Mandumol, Macasandig, Cagayan de Oro City. I, MELECIO S. BACACAO, do hereby SELL, TRANSFER and CONVEY, to the VENDEE, the portion consisting of ONE THOUSAND FOUR HUNDRED FORTY (1,440) square meters of my share/portion (8,000 sq. m.) of the above-described property including all the improvement found therein. Under Notary Public of ATTY. Mario T. Juni; As per Doc. No. 453; Page No. 91; Book No. 196; Series of 2016. BWM: December 14, 21 & 28, 2016
prices from thermal power plants in Mindanao would inevitably fall given the increased competition for the surplus electricity that would be restored to the grid (300MW) by NGCP’s ancillar y contracts plus another 700MW to be freed up by DU’s from their contracts with private power generating companies, making available a total of 1,000 MW to benefit industrial users and the systems operator. Power generation companies have long been harping about taking the cheap prices offered by the Agus-Pulangi out of the Mindanao bulk power market so prices are not skewed and can “reflect their true levels.” So let’s have your boss take out Agus-Pulangi out of the power mix by making it exclusively avai lable for residential users, and let competition from the geothermal, coal-fired, and oil-based thermal power plants seek their true prices in the market. By all means, bring in DOE’s beloved Wholesale Electricity Spot Market (WESM) to sell all that excess power so long as you don’t include Agus-Pulangi to allow the common tao who are the true owners of the island’s patrimony, for once, benefit from it.
Hurst... from page 4
That morning of September 11, those people who went to work at the World Trade Center in New York had no idea they would never see their family again. And neither do we know if we’ll live to see tomorrow. Jesus made it clear that we all live forever—either in heaven or hell. The choice
is ours. So why not ask Jesus to forgive you and take charge of your life every day? Then you’ll have absolutely nothing to fear—neither your sudden death, nor even the end of the world. Just Think a Minute…
Jollibee... from page 8
potential. JFC acquired 55 percent of San Pin Wang on March 9, 2012 f rom GZK. San Pin Wang is a local Chinese restaurant chain with stores located mostly in Nanning in Guangxi Province in the southern p a r t o f t h e P e o p l e ’s Republic of China. JFC operates the largest food ser vice network in the Philippines. The JFC Group had a total of 3,236 stores worldwide. (PNA)
Isuzu... from page 8
total. In the 10 months to October unit sales amounted to 292,502 units, as against the 2015 total of 288,609 units. Mr. Bautista said that the industry could even reach 400,000 sales by the end of 2016. The c ar indust r y is generally bullish in its outlook, readjusting its target of selling 500,000 units, from its initial date in 2022 to 2020, due to surging sales. Isuzu Phi lippines is likewise expecting an increase in sales next year, aiming to deliver 30,000 units from an initial target of 24,000, added Mr. Bautista. Mr. Bautista said that car makers are currently drafting an industry position on the issue on excise tax. It would be released early next year.
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 JUDICCIAL SALE EJF File No. 2016-522 UPON Extra-Judicial Petition for Sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund) as Mortgagee/s, against JUMI S. AGUILAR, as Mortgagor/s, with postal address at 223, Market Avenue, San Miguel, Pasig City, to satisfy the mortgage indebtedness of Mortgagor to the Mortgagee in the total amount of NINE HUNDRED FOUR THOUSAND NINE HUNDRED SEVENTY FIVE PESOS and 29/100 (Ph 904,975.29) inclusive of interests and penalty charges, and expenses of foreclosure. AS OF October 28, 2016, the undersigned Sheriff will sell at public auction on January 12, 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; TCT No/s. 137-2011002310 A CERTAIN LAND situated in Upper Carmen, Cagayan de Oro City, Lot 13, Block 20, PSD-10-040101, xxx, with an area of One Hundred Twenty (120) sq. m., more or less, including all improvements found thereon.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 9th day of December, 2016, in the City of Cagayan de Oro. BWM: December 14, 21 & 28, 2016
(Sgd) ENRIQUE M. TALAG, JR Sheriff IV
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tue-wed|december 13-14, 2016
Market... from page 1
In Mindanao, 33 of the electricity distributors are cooperatives while only four are privately-owned utilities. The Department of Energy and the National Electrification Administration also needs to look at how they can help cooperatives, particularly those in the Autonomous Region in Muslim Mindanao, that are faced with financial constraints to give them an opportunity to participate in the power auction facility. Mr. Montenegro said even with the availability of power supply in the spot market, fiscal problems would “limit their availability to contract power.” Mr. Montenegro further explained that the volume of power that would be made available to the distribution ut i lit ies, including t he cooperatives, will depend on their contracting portfolio. Currently, Mindanao has a reserve of about 700 megawatts (MW), based on data from the National Grid Corp. of the Philippines’ Web site. This is expected to increase to 1,000 MW by next year when new power plants come online. The private utilities, meanwhile, are ready buyers on the spot market. Aboitiz Power Corp.’s Davao Light and Power Co., Mindanao’s biggest power purchaser with franchise areas covering Davao City and parts of Davao del Norte province, has short-term contracts that will expire next year. “We have contracts that are only for two years (and will expire next year), so by then we will be able to buy our requirements from the market,” said Rodger S. Velasco, Davao Light vice president for engineering. Mr. Velasco said their projected average requirement next year would be about 405 MW and they currently have contracted about 450 MW, which includes reserve supply, particularly for the “lean months” for power in Mindanao. The lean months are usually during the dry season from March to May, when the government-run Agus and Pulangi hydroelectric complexes reduce capacity by 20% to 50%. The two facilities have a combined installed capacity of 982 MW.
Firearms... from page 1
PNP practice of taping the muzzle of service of firearms in an attempt to raise the bar of discipline and promote responsible use of government-issued firearms among the law enforcers. “The practice of muzzletaping only shows the distrust of the organization to its very own policemen such that we need to require unit commanders to physically put a tape around the muzzle [of their firearms,” Constantino said in a statement Sunday. The police regional chief said the PNP leadership
today “trusts and treats every policeman as a responsible law enforcement officer and gun-holder who will not fire his firearms indiscriminately and will only fire it when it is extremely necessary to do so in the line of duty.” Constantino has also warned against indiscriminate firing during the celebrations. “Those who will violate the directive on illegal discharge of firearms will be severely dealt with the fullest extent of the law,” said Constantino, who quoted PNP chief, Director General Ronald dela Rosa. Sereñas said other police regional offices might follow suit considering dela Rosa has given his approval to Constantino’s proposal.
Farmers...
from page 1 shooting incident that left seven persons injured will not happen again. Injured were Taldan Miparanun, 16; Jose Balucos, 42; Emmanuel Buladaco, 46; Belardo Francisco, 53; Jojo Gomez, 26; Rico Talagaga; and Joseph Bertulfo, 58. Gomez and Talagala were in critical condition at the Davao Regional Hospital in Tagum City. The victims were among the MARBAI farmers and members of militant groups who had encamped near the plantation since December 9. After learning that some LFC workers were reportedly harvesting at least five hectares of the plantation, Dayahan said they went to the site early Monday to stop the harvesting. With the farmers were 1,000 members of different support groups from Compostela Valley. But she said they scampered for safety when plantation guards carrying high-powered firearms greeted them with gunshots at around 7:30 a.m. She recalled she could have died had she not jumped into the canal for cover. After the shooting, she said farmers returned to the site to tie blue ribbons around the bananas that were hit by bullets and cut some of the bunches in frustration. MARBAI chair Mely S. Yu also appealed for help from Duterte and Sec. Mariano, saying the farmers could barely survive with their income as contract growers. In a press release issued last December 9, the Unyon sa mga Mag-uumang Nagtikad para sa Tinuod nga Reformang Agraryo (UGMAD-TRA), said around 2,000 agrarian reform beneficiaries, peasant union, and support groups confronted and drove off the armed security guards of LFC that attempted to quell the mass action. U G M A D - T R A spokesperson Antonio Tuyak said nothing can stop the farmers from reclaiming the land so they can use it for their own benefit. He acc us e d LFC of imposing “onerous, deceptive, exploitative and oppressive Ag r i bu s i n e s s Ve ntu re s Agreement Schemes.” Deductions Yu said they only get about
P2,000 a month out of their P15,000 supposed monthly income as contract growers due to deductions for the farm inputs provided by the company. Depending on the demand from the world market, she said Lapanday buys bananas for $3 dollars a box that weighs about 13 kilos. “We are deprived of farmland that was given to us by the government through CARP (Comprehensive Agrarian Reform Program),” she said. Removed as officials Yu said they have been struggling for over six years just for their reinstatement as officials of the Hijo Employees Agrarian Reform Beneficiaries Cooperative (HEARBCO) 1. According to a case brief from DAR, Yu and her group stood as officers and members of HEARBCO 1 before they were removed in 2010 and replaced by a new set of officers. In January 2011, Yu and her group were banned from entering the premises by the security guards of HEARBCO 1. They then formed MARBAI, which consisted of 157 members, and filed a petition for reinstatement and accounting of harvest against HEARBCO 1. “For almost six years, pinagkaitan kami sa lupang aming sinasaka na binigay ng gobyerno (we’ve been deprived of our farm that was given to us by the government) through CARP (C omprehensive Agrarian Reform Program),” she said.
She said many of the farmers could hardly survive and send their children to school with the income that they get from the company. “Ayaw nila kami bigyan ng pagkakataon na mabuhay kahit makapag-aral ang mga anak namin kahit sa public school o makatungtung ng kolehiyo (They did not give us the chance to survive on our own or even send our children to a public school or to college),” she said. “Ninakaw ng Lapanday, lahat-lahat na kababuyan ang ginawa sa amin ng magsasaka lalo na sa MARBAI na ayaw pumirma ng (Lapanday stole from us, they did all kinds of indignity to us farmers, especially the members of MARBAI who refused to sign the) onerous contract,” she added. DAR’s case brief added that the properties were part of the 1,323.9272 hectares previously owned by Hijo Plantation Inc. that voluntarily offered it for CARP coverage. Yu said the DAR awarded them a certificate of land ownership in 1996. On October 18, 1999, HEARBCO 1 entered into a Banana Sales and Marketing Agreement with Hijo Plantation for a period of 10 years at a price of $2.10 per box at 13 kilogram per box. Thereafter, a Deed of Assignment of Banana Sales and Marketing Agreement was executed by and between Hijo Plantation, Inc. and Global Fruits Corporation.
But the following day, October 19, a supplemental agreement was entered into by and between LFC and HEARBCO 1, amending the agreement executed between the coop, Hijo Plantation and Global Fruits Corp. In a decision on December 15, 2015, the Provincial Agrarian Reform Adjudicator of Davao Del Norte (PARAD) ordered the reinstatement of ousted HEARBCO 1 officials, and on March 17, 2016, issued a writ of execution. But on April 12, 2016, the Department of Agrarian Reform Adjudication Board informed the PARAD that the bigger portion of the area where the petitioners have to be reinstated were already under the occupation and management of LFC “by virtue of of the existing compromise agreement dated April 9, 2011 between LFC and HEARBCO 1 entered into before RTC of Davao City Branch 14 as a result of the case filed by LFC against HEARBCO 1.” On May 12, 2016, PARAD set aside the writ of execution issued on March 17 of the same year. Last September 9, a conference took place at the Tagum City Hall for “the purpose of discussing the proposed deed of assignment as well as for the purpose finally executing the same. However, the parties failed to execute the proposed deed of assignment “as HEARBCO 1
TAX DECLARATION NO. 108461 and 108461 ‘’A Parcel of Land Lot No. 7-PART, situated at Mantic, Tangub City. Bounded on the N., by 003; on the E., by 002; on The S., by road and on the W., by road. Containing an area of Four Hundred Eight (408) sq. m. more or less and declared Under Tax declaration Numbers 108461 and 108461.’’ TAX DECLARATION NO. 109265 and 89436 ‘’A Parcel of land Lot No. 59-0-2, situated at Migcanaway Tangub City. Bounded on the N., by 016,044 on the E., 3rd South St., 018 on the S., by 018, 056 and on the W., by 016,056. Containing an Area of One Hundred Eighty Nine (189) sq. m. More or less and declared under Tax Declaration Numbers 109265 and 89436.’’ All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on January 3, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be.
October 26, 2016, at Tangub City, Philippines.
BWM: December 14, 21 & 28, 2016
(Sgd.) WILLIAM C. ARANIEGO Sheriff IV
such as the 2014-2015 Asia Pacific Property Awards (Best Mixed-use Development in the Philippines, Primavera Residences), 2011 Southeast Asia Property Awards (Best Mixed-use Development in the Philippines, Primavera Residences), 2013 CTI-PFAN Asia Forum for Clean Energy Financing (Most Promising Clean Energy Investment Opportunities for Primavera City), Philippine Green Building Council Awards 2016 (Leadership in Green Building Award) to name a few. Eyeing its projects in the country’s emerging cities, IDC is currently expanding not only in Mindanao but also in other parts of the Philippines. The company’s third project will rise in Sto. Tomas, Batangas. It is named Miramonti and is set to launch on the first half of 2017. To know more about the company and its projects, visit www.italpinas.com.
Upon Extra Judicial Petition for Sale under Act 3135 as amended by Act No. 4118. Filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund), a government financial institution duly organized and existing under and by virtue of Republic Act. No. 9679, with principal office at The Atrium of Makati, Makati Avenue, Makati City, and with branch office at Pag-IBIG Fund Bldg., J.R. Borja St., Cagayan de Oro City, against JOEY Z. ATASAN married to NONETTE G. ATASAN, both of legal age, Filipino citizens, with postal address at c/o Block 20, Lot 28, Vista Grande Subdivision, Lumbia, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of October 18, 2016 amounts to SEVEN HUNDRED SIXTY FIVE THOUSAND EIGHT HUNDRED THREE PESOS and 58/100 (P765,803.58) Philippine Currency, inclusive of interest and penalty charges, exclusive of attorney’s fees and other necessary fees and expenses of Extra-Judicial Foreclosure and Sale the undersigned Sheriff will SELL at Public Auction on December 27, 2016 at 10:00 o’clock in the morning or soon thereafter at the main entrance of RTC Branch 40, A. Luna St., Capitol Compound, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property mortgaged together with all improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-179572 Registered in the name of JOEY Z. ATASAN married to NONETTE G. ATASAN A PARCEL OF LAND (Lot 28, Block 20, Psd-104305-017450, being a portion of Lot 3017-B, Psd-10-000818), situated in the Barrio of Carmen & Pagatpat, City of Cagayan de Oro, Island of Mindanao, Bounded on x x x; Beginning at x x x; Cad-237, Cagayan Cadastre, containing an area of ONE HUNDRED THIRTY TWO (132) Square Meters More or Less. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the uindersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice.
Cagayan de Oro City, November 24, 2016.
FOR THE EX-OFFICIO SHERIFF: BY:
from page 12
NOTICE OF EXTRA-JUDIIAL SALE File No. EJF-2016-530
OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF
Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by LORENZO TAN MULTI-PURPOSE COOPERATIVE, TANGUB CITY against LORELIE RHONA C. JIMINEZ to satisfy the mortgage indebtedness which as of October 17, 2016 amounts to One Million Three Hundred Fifty Five Thousand Three Hundred Fifty Three Pesos and One Centavo Only (Php 1,355,353.01) excluding interest, attorney’s fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on December 27, 2016 at 10:00 o’clock in the morning or soon thereafter at the office of the clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippoine Currency the herein mortgage properties to wit:
Primavera...
Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City
NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-003
manifested that the cooperative received a letter from from Lapanday warning them that the conveyance of the SANID area in favor of MARBAI would be a violation of the terms and embodied in the Compromise Agreement contract entered into by HEARBCO 1 and LFC,” the DAR case brief said.
FOR THE PROVINCIAL EX-OFFICIO SHERIFF: BWM: Nov. 30, Dec. 7 & 14, 2016
(Sgd.) ALAN M. BANAAG Sheriff IV
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tue-wed|december 13-14, 2016
IDC partners with RLB for Primavera City Project MANILA, PHILIPPINES - Publicly-liste d g re en de velop er It a lpinas Development Corporation (IDC) officially signed a contract with Rider Levett Bucknall (also known as RLB) for the project / construction management and quantity surveying for Primavera City’s first phase in Uptown Cagayan de Oro, Misamis Oriental on November 28, 2016. Aside from being an i nt e r n at i o n a l l y k n ow n project management and surveyor firm, RLB is also recognized for its leadership and commitment to building sustainable projects - an advocacy aligned to IDC’s vision of creating green buildings. With its quality services, RLB has helped many developers achieve sustainability goals such as LEED certification, BREEAM, BERDE and other green building standards. “It’s an honor to work with RLB, a company that has built its legacy in the construction industry, not only in the Philippines but worldwide. Partnering with RLB which
From left to right: Arch. Giovanni Gusella (IDC Senior Adviser for Operations), Engr. Armando Baria (Vice President for Operations of RLB for Visayas and Mindanao), Arch. Romolo V. Nati (IDC Chairman and CEO), Dr. Florigo C. Varona (President of FCVC), Arch. Faicer June Varona (IDC Junior Architect), and Engr. Rex Puyos (QS Manager of RLB, during the official signing of contract last November 28, 2016.
also focuses in green design and construction approach, proves again the dedication of IDC to deliver genuine sustainable buildings,” said Arch. Romolo V. Nati, IDC
Chairman and CEO. “Apart from ensuring competent project / construction management, as well as quantity surveying, our company’s core objective
is to promote green initiative by challenging building owners to develop environmental designed projects,” said Armando Baria, Vice President for
Operations of RLB for Visayas and Mindanao. “With our partnership with IDC, we hope that this collaboration lasts for years as we continue to develop green buildings
with high quality,” he also added. Sharing the same vision with RLB, IDC has also made its mark as a green developer in the real estate industry in the Philippines. Its flagship project, Primavera Residences, received its EDGE (Excellence in Design for Greater Efficiencies) certification last January 2016 as the first completed green condominium project in South East Asia. IDC’s second project, Primavera City, is a seven-tower mixeduse development harnessing both passive and active green strategies. The construction of its first phase started last September 1, 2016 and is currently 21.83% completed. The target completion of the said project is the fourth quarter of 2018. Italpinas Development Corporation is a multiawarded development firm focusing in architectural green design developments in emerging cities in the country. The company has been recognized by national and international organizations primavera/PAGE 11