BusinessWeek Mindanao (December 18, 2019)

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Financial literacy BDO Unibank Inc. will enhance its financial literacy activities in Mindanao next year to help overseas Filipino workers (OFWs) and their families better manage their funds.

At a press conference Saturday during the bank’s event to honor OFWs, BDO Senior Vice President Geneva T. Gloria said they will “collaborate with the (SM) malls” in providing financial education to OFWs and their relatives in Mindanao.

The bank will also tap its subsidiary BDO Network Bank, which has about 100 branches in Mindanao. “Raising their financial knowledge should start at the onset, meaning, we teach them what they can do with their hard-earned money by allocating a portion to savings and looking for investments which can serve their-term goals,” Ms. Gloria, also the head of remittance distribution, said.— CQ Francisco

Quake toll: 5 dead FIVE PEOPLE have been confirmed to have died, all in Davao del Sur province, due to the magnitude 6.9 earthquake that struck Mindanao on Dec. 15.

Three deaths were at the three-floor Southern Trade commercial building in Padada town that collapsed, while six others are reportedly still trapped inside, according to Davao del Sur Provincial Information Officer Hiru Gustavo A. Undalok.

Rescue and retrieval operations were ongoing as of Monday as emergency teams coped with continued aftershocks.

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Exec: Mindanao growth seen picking up in 2020 Thank you for trusting us!

By CHE PALICTE and DIGNA BANZON, PNA

A

BA N K of f i c i a l on Saturday said that there will be continuing growth for Mindanao and Davao in 2020 in terms of bank investments by Overseas Filipino Workers (OFW).

Genie Gloria, senior vice president and head of remittance of BDO Unibank, Inc., said they expect an increase in investments, particularly in Davao Region.

She said they cornered 40 percent of the market share as far as the OFW remittances are concerned.

"We have maintained this for the past eight years," she added.

Gloria said 2019 is a good year for them as they were able to meet targets, deliver accounts to OFWs, and go around in collaboration with their affiliated company like SM Supermalls, where they offer unique promos to the overseas workers and GROWTH/PAGE 10

MORE BODIES. Rescuers retrieve two bodies from the collapsed three-story Southern Green Marketing in Padada, Davao del Sur on Monday, a day after the Magnitude 6.9 earthquake jolted parts of Mindanao. mindanews photo by manman dejeto

DBP to open solar irri loan window for Mindanao LGUs

By CARMELITO Q. FRANCISCO, Correspondent

SENDONG REMEMBERED. Two senior citizens light a candle in front of the memorial wall dedicated to the thousands who died or went missing during the flood brought

by Typhoon Sendong last Dec. 16, 2011 outside the Cathedral. photo by gerry lee gorit

THE Development Bank of the Philippines (DBP) will channel loans to local governments units (LGUs) for water supply and irrigation systems under a program set up by the Mindanao Development Authority (MinDA).

MinDA, in a statement over the weekend, said its chair, Secretary Emmanuel F. Piñol recently met DBP President Emmanuel G.

Herbosa to discuss the loan details, including interest rate and payment scheme.

LGU internal revenue allotments, or their share from the national budget, will serve as security for the loans.

The program, which is also supported by the Department of Interior and Local Government, is meant for off-grid areas that have no SOLAR/PAGE 10

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DOT-Caraga upbeat on 2M tourist arrivals in 2019

B

UTUAN City -The Department of Tourism in the Caraga Region (DOT13) expressed optimism the number of tourist arrivals for this year in Caraga will hit 2 million.

“We are still finalizing the numbers from the provinces. So far what we are still settled on the numbers for the first quarter of this year,” DOT-13 OIC Director Mary Jean Camarin said in an interview on Monday.

Camarin also noted a 10-percent increase in tourist arrivals in the region for the first quarter of the year.

“Last year, the total tourist arrival in Caraga was recorded at 1.3 million, with more than 400,00 arrivals during the first quarter. We are optimistic we can surpass the number this year,” she said.

Most foreigners visiting Caraga Region last year were Americans, Europeans, Canadians,

Koreans, and Chinese.

“Most of these foreign visits were concentrated on Siargao Island considering the two major international sporting events held there every year,” she said.

Camarin was referring to the International Game Fishing held every April in Pilar town, and the International Surfing Competition slated every October in the municipality of General Luna.

Meanwhile, Camarin

also announced the approval of a PHP40million allocation for the development of tourism product projects for Caraga next year.

“We are still waiting for the mechanics of this funding and we are also preparing our proposals to be funded,” she said.

Among the projects for consideration include the support to the proposed River Cruise at the Enchanted River in Hinatuan, Surigao del Sur, the Siargao Island Environmental Protection Project, the farm tourism sites in the region, and the establishment of a tourism satellite office on Siargao Island.

Camarin also thanked the continued support of tourism stakeholders

in Caraga, particularly on their move to align the region’s tourism masterplan to the National Tourism Development Plan.

On Monday, the

DOT-13 convened all the tourism stakeholders for a two-day consultation workshop for the updating of the tourism strategic framework of the Caraga Region. (PNA)

BARMM to create Bangsamoro Youth Commission

MARAWI City -The Bangsamoro Government is set to create the Bangsamoro Youth Commission as a replacement for the Office on Bangsamoro Youth Affairs (OBYA).

Dr. Marjanie Macasalong, concurrent executive director of

OBYA said the bill for the creation of the Bangsamoro Youth Commission, is now on its second reading in the Bangsamoro Parliament.

“The BYC will be patterned to National Youth Commission and will also exercise the autonomous privilege given to the BARMM,” Macasalong said.

He further said there will be minor changes in BYC’s mandate, powers, and functions in order to widen and strengthen its scope.

OBYA was created under the Autonomous Region in Muslim Mindanao (ARMM) to plan, prepare, and implement development programs that will address the concerns of the region’s youth sector.

Macasalong said the BYC will address one of the main challenges of the previous administration which was the coordination of OBYA with other departments in the ARMM. “We would strengthen the coordination of our office with the other ministries in order to maximize the programs and activities related to the youth. (Bureau of Public Information)

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Phoenix Petroleum inks deal with US-based firm PHOENIX Petroleum Philippines, Inc. said on Monday a subsidiary signed a memorandum of agreement with a US-based company to bring in power generation sets that run on different gases.

The listed company told the stock exchange that Phoenix Pilipinas Gas and Power, Inc. signed the deal on Dec. 11 with Mesa Natural Gas Solutions, LLC., which is based in Casper, Wyoming.

“Through this valuable project, we will be able to further support the Philippine government’s thrust to broaden our energy mix and move closer towards cleaner energy. Gas, being available in many parts of the world, will allow us to diversify and stabilize our energy sources as we help the country better secure its energy requirements,” said Henry Albert R. Fadullon, Phoenix Petroleum chief operating officer, in a statement.

The generation sets run on raw wellhead gas, liquefied natural gas (LNG), compressed natural gas (CNG), and propane rich liquefied petroleum gas (LPG).

“Considering the innovative properties of this technology, remote areas of the country that suffer from

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CorporateWorld

unreliable power supply and quality can greatly benefit from it, including businesses in the hospitality and manufacturing industries,” Mr. Fadullon said.

He said the genset technology will allow the use of propane-rich LPG as a transition fuel while the availability of LNG is still being developed.

Phoenix LPG Inc. will supply propane rich LPGas the feed-stock to the Mesa gensets.

Phoenix Petroleum said the agreement will make the genset units available in the Philippines with the corresponding commissioning, training, and technical support from the US. Both companies expect the deal to promote the use of gas, and broaden the Philippines’ energy mix.

It said the project also aims to contribute to the Department of Environment and Natural Resources’ initiatives on clean development mechanism, allowing its clients to earn carbon credits.

The listed company described Mesa as having an estimated power generation fleet of 450 megawatts (MW). Last year, it installed at least 25 MW of power for microgrid clients.

PAL launches 2 new flight routes

T

HE Philippine Airlines (PAL) on Sunday officially launched two new routes -- Cebu-Zamboanga and Zamboanga-Tawi-Tawi.

The new routes expand the flag carrier's network between Visayas and Mindanao and within Mindanao.

"There has been a clamor for convenient connectivity between

these areas. With these air linkages now in place, the convenience and ease of travel between Cebu, Zamboanga, and TawiTawi is now a reality," PAL spokesperson Cielo Villaluna said.

Utilizing an 86-seater Dash8 fleet, the inaugural CebuZamboanga route departed Mactan at 5:24 a.m. and landed

Zamboanga at 6:24 a.m.

Flight PR 2486, on the other hand, took off from Tawi-Tawi at 10:03 a.m. and touched down Zamboanga at 11 a.m.

Cebu-Zamboanga and Zamboanga-Tawi-Tawi flights will be offered daily, according to PAL. Meanwhile, the carrier is also set to launch a thriceweekly flight between

Zamboanga and Kota Kinabalu on March 29, 2020.

This will be offered every Tuesday, Thursday, and Saturday, using an 86-seater Dash 8 Q400 aircraft.

Those who would like to fly this new route may take PAL's ClarkZamboanga or CebuZamboanga flights, Villaluna said. (PNA)

Vista Land raises P10B from bond offer VISTA Land and Lifescapes, one of the country’s leading property developers and the biggest homebuilder, has raised P10 billion from its recent bond offering.

In a disclosure to the Philippine Stock Exchange, the firm said the fixed rate bond offering consisted of the P5 billion third and final tranche of its existing shelf bonds and an oversubscription of P5 billion as the first tranche of its new shelf bonds.

Vista Land Chief

Finance Officer Brian Edang said P2.26 billion worth of the Series E Bonds were subscribed by retail investors while the lion’s share of P7.74 billion were taken up by institutional buyers.

The oversubscription bonds are the first of the P30 billion shelf registered bonds recently approved by the Securities and Exchange Commission (SEC).

Vista Land will issue the bonds in tranches within a period of three

years from the effective date of the registration statement.

The offer bonds have a tenor of five years and six months from issue date.

Vista Land may redeem in whole the outstanding bonds at 101 percent of the principal amount on the third year or at 100.5 percent on the fourth anniversary of the issuance.

China Bank Capital Corporation, PNB Capital and Investment Corporation, and SB

Capital Investment Corporation will act as joint issue managers, lead underwriters, and bookrunners for the offer.

The company expects to net P9.86 billion from the initial offer which it will use to fund the construction and completion of various malls, redevelopment of existing malls and the construction of condominium projects, as well as for general corporate purposes.

VISTA/PAGE 11

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Opinion

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Gifts Think a minute…I know a woman who gets sad when her husband sends her roses!

She says: “The only reason my husband gives me flowers is because it’s Valentine’s Day and he thinks he’s expected to. I’d much prefer for him to show his love in the way he talks to me and treats me every day. I wish he’d do the little things like helping me with the kids, taking me out on a date, or just spending some time alone together.

I’d be happy if once in a while he’d thank me for all the daily work I do like cooking his favorite food or washing his clothes.”

A n o t h e r w o m a n ’s husband was absent-minded and always forgetting her birthday as well as their wedding anniversary. When her friends asked her what she did on her birthday, she told them that he forgot again. However, then she added: “But last evening we took a long walk together and talked; and that meant much more to me than getting a gift just because it’s my birthday and he was expected to.”

M a ny c h i l d r e n b u y

KLAUS DORING While all of us alre ady experience what climate change is all about, delegates from developing c ou nt r i e s h av e re a c t e d angrily to what they see as attempts to block progress at the COP25 meeting in Madrid. Yes, I get already big problems remaining p at i e nt w h i l e w atch i ng live stream news from Madrid.

THINK A MINUTE

One negotiator told the BB C t hat t he t a l ks had failed to find agreement on a range of issues because of the blocking actions of some large e m itte rs . C ar l o s Fu l l e r from B elize said that Brazil, Saudi Arabia, India and China were "part of the problem".

Other obser vers said there was a serious risk of failure at the talks.

Daily headlines let me feel bad. Greenland ice melt 'is accelerating'.

Amazon oil boom under fire at UN climate talks.

And so on and so on ...

I am writing this while living in the Philippines - a countr y hit most by climate change.

Ministers from all over the world have arrived in Madrid for

the high-end negotiations that will determine the final outcome of this conference. Despite a huge c l i m at e d e m o n s t r at i o n on the streets of the Spanish capital last Friday, hopes of an ambitious declaration at COP25 have smacked straight into the realities of politics and entrenched positions.

I am afraid, also "Madrid" won't help anymore. There's an effort r i g ht now to bl o ck t he words 'climate urgenc y' in text from Brazil and Saudi Arabia, saying we haven't used these words before in the UN, so we c a n ' t u s e t h e m n o w, " s a i d J e n n i f e r Mo r g a n , executive director of Greenpeace International.

"This gap between what's happening on

t h e out s i d e an d w h at ' s happening in the science, and this 'UN speak' that won't react and drive something is ver y frustrating."

One issue that has caused a good deal of an g e r are t h e att e mpt s

by Brazi l, C hina, India and Saudi Arabia to have the actions that were due to b e completed b efore 2020 by richer nations, re - e x am i ne d as p ar t of the overall deal here in Madrid.

Distressing ... . +++ Email : dor ing klau s @ g mail.com or follow me in Facebook, Linkedin or Twitter or visit my www. germanexpatinthephilippines . blo g spot. com or w w w. k l a u s d o r i n g s c l a s sicalmusic.blogspot.com.

Of U2's Bono, truth and fiction LETTERS FROM DAVAO

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Climate change and major emitters

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JUN LEDESMA PAUL David Hewson, alias “Bono” is an Irish celebrity who made millions trying to sell poverty and human rights by sugar-coating this with emotional blackmail in his concerts worldwide. He is the front act of U2 a rock band. I must admit that I like the message of the few songs I heard which he had composed until I got wind of how he evaded paying taxes in his own native land. The millions that he made he parked in the Netherlands, a tax avoidance center, and then later in Malta because of its low tax policy and tax

rebates. Bono’s worth had been placed at close to a billion dollars but to avoid paying taxes in Ireland he moved this to the so-called “tax havens”.

What he does to evade paying taxes in his country and how he invests his money is none of my business but staging concerts in other countries, the Philippines included, to raise funds and insults governments for not giving more to charity to help the poor is another story. For one, Ireland could have extended additional assistance to countries that it gives aid to if Bono pays his taxes in his homeland.

There is so much pretense and hypocrisy there.

Fame has gone to his head.

Before he can start with his concert in the Philippine Arena in Bulacan, he dished out snide remarks like he does not think he will see President Duterte. He also lectured about press freedom and human rights and being a poster boy of Amnesty

International (AI).

Later in his concert, he flashed across the screen the faces of Cory Aquino and Maria Ressa maybe to put a message for women empowerment and whathave-you.

The problem with Bono is that he carries his prejudice against the Philippines where he is being received with dignity, hospitality, and his fans’ unbridled fanaticism.

B ono’s infidelity to his country is not known to his swooning fans but who cares.

Bono moreover is as famous as he is an ignoramus when it comes to the Philippines.

Maybe, he believed what AI had declared before the start of the ASEAN Summit in 2017 in Manila that there were 30-million Filipinos killed via extra-judicial killing. Bono might have believed what European Parliamentarians claimed that Leila de Lima was incarcerated not because of her involvement in bigtime drug syndicate operating inside the state penitentiary

but as persecution for being an outspoken critic of President Duterte. And Bono too must have considered a biblical truth that Maria Ressa is being harassed and her press freedom curtailed because of her critical views against the President and not because she violated constitutional mandate that Philippine media establishments should be 100% owned by Filipinos.

The rock star must have empathized with Maria Ressa who tells the world that she is being harassed and persecuted for her critical stand against the government and not because she was being prosecuted in the court for tax evasion.

Bono should have checked his facts. He flashed the face of Cory in the wide concert screen to project what?

Human rights abuses? He is not aware that while so much had been written in the Western media about victims of Marcos martial law, the American-backed Cory FICTION/PAGE 11

Introduction to tourism JHAN TIAFAU HURST or m a ke Mot he r’s D ay cards and presents. The mother tells her children how much she likes them; but she remembers how dis resp e c t f u l and r ude her son was to her the day before. Or how many times she wishes her children would help her with the work around the house w it h out h e r h av i ng t o ask them. When love is expressed ONLY on special days that it is expected, it almost can hurt the person receiving it if there is no thoughtfulness and kindness every day. If there are no words of appreciation and love the rest of the year.

That’s why Jesus Christ GIFTS/PAGE 11

Defining tourism is not a simple matter, as it is a complex industry made up of many different businesses, the common theme being that they provide products and services to tourists/visitors.

According to the United Nations World Tourism Organisation (UNWTO), tourism entails the movement of people to countries or places outside their usual environment for personal or business/professional purposes. These people are called visitors. Generally speaking, a visitor is classified as a (same-)day visitor if their trip does not include an overnight stay and a tourist if it does include an overnight stay. The purpose of their trip can be for business, leisure or personal reasons, other than to be employed by a resident entity in the country or place visited.

If a trip’s main purpose

is business/professional, it is often subdivided into two further categories - 'attending meetings, conferences or congresses, trade fairs and exhibitions' and 'other business and professional purposes'.

Types of tourism There are three basic forms of tourism: domestic tourism, inbound tourism, and outbound tourism.

Domestic tourism refers to activities of a visitor within their country of residence and outside of their home (e.g. Filipinos visiting other parts of the Philippines ).

Inbound tourism refers to the activities of a visitor from outside of country of residence (e.g. a Chinese visiting Boracay ).

Outbound tourism refers to the activities of a resident visitor outside of their country of residence (e.g. a Filipinos visiting an

overseas country).

The tourism industry in the Philippines is primarily a private sector industry, consisting of around 200,000 businesses, some very large including international hotel groups and airlines, as well as small and medium sized businesses, industry groups and bodies.

Domestic tourism is the core of businesses revenue (generally at least 80%, particularly outside of London), with demand peaking during the school holidays, particular Christmas and Summer.

Dealing with the demands of international visitors requires specialist knowledge, cultural understanding and investment.

Most Philippine statistics separate spending and volume of day visitors from overnight tourists. DOT and TPB ’s statistics and research reports

NUTS & BOLTS

JEROME DE LA FUENTE

focus on overseas visitors who come to the Philippines .

For domestic statistics (ie. data on people from within the Philippines who visit another location in Philippines ) get in touch with the regional tourism organisations What are tourism products?

'Tourism product' covers a number of different categories including: TOURISM/PAGE 11

Banking&Finance 5 Remittances seen as among peso’s boost this year Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

WEDNESDAY|DECEMBER 18, 2019

T

HE Philippine peso is expected to receive a boost from the strong inflows of remittances this year, but the situation can reverse next year on projected improvement of imports.

In a research note, ING Bank Manila Senior Economist Nicholas Mapa said the local currency has been getting additional support from the robust inflows from overseas Filipino workers (OFWs).

On Monday, the Bangko

Sentral ng Pilipinas (BSP) reported that cash remittances grew by 8 percent last October alone to $2.67 billion, while year-to-date expansion was 4.6 percent to $24.9 billion.

The monthly remittance growth last October was the highest so far this year.

On Monday, the peso ended the trade at 50.635, sideways from its 50.64 close last Friday.

Mapa said remittance inflows in the 10th month this year is higher-than-expected

BSP: ATM system in PH still reliable A RANKING Bangko Sentral ng Pilipinas (BSP) official assured the public that domestic automated teller machine (ATM) systems remain reliable despite glitches experienced by some banks.

In an interview by journalists Tuesday, BSP Deputy Governor Chuchi Fonacier said they are always reminding banks to make sure that their systems are always working and that ATMs are loaded with cash.

She said technical glitches cannot be avoided but banks are required to monitor this to be able to go back online as soon as possible.

On Monday, Sy-led BDO said its online and mobile banking services were unavailable for several hours, which it later attributed to network issues.

Fonacier said this kind of issue is “small enough” relative to the whole system but admitted that the problem crops up when the affected bank has a big network.

Meanwhile, she said ATM withdrawals are normally high during the holidays but also cited this is where digital payments come in.

Through PESONet and InstaPay, the two automated clearing houses (ACH) under the National Retail Payment System (NRPS), she said the public can lessen their need to withdraw through ATMs. InstaPay allows consumers a safe, affordable, and real-time electronic payment mode for up to PHP50,000 per transaction without limit in a day.

On the other hand, ATM/PAGE 10

“helping provide additional strength for the peso in 2019 and gives hope for a strong consumption print in fourth quarter”.

He said cash remittances remain resilient despite the issues like the US-China trade war, the unrest in Hong Kong, and the geo-political concerns in the Middle East.

“This development highlights the unchanging narrative of the Philippine current account: OF (overseas

PHILIPPINES’ most-used currency denomination, P20, now has its coin version and the existing P20 bills are estimated to be out of circulation by 2021.

In a briefing Tuesday, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said minting the coin is costeffective than printing the bill since the former lasts for about 10 to 15 years compared to the about six-month life span of the paper bill.

He said production cost for the bill is about PHP2 apiece while it is P10 per piece for the coin.

The two-toned P20 coin, which is now the highest denomination among the new generation coin (NGC) series, still have the major elements of its banknote version, such

RICHARD M. OCO, T-III Alubijid National Comprehensive High School (ANCHS) Division of Misamis Oriental

The study revealed that the majority of the teachers were women, married, 0-7 years teaching service and present position of Teacher I-III. The majority of the school heads were male, married, 8-15 years in service with the present position of Head Teacher IV. Overall top 3 leadership styles for school heads were Delegative, Democratic and Transformational. School Heads’ present position and civil status showed significant difference on Autocratic, Democratic a n d Tr a n s f or m at i on a l leadership styles. Gender showe d no sig nif icant d i f f e re n c e s i g n i f i c a nt difference on Delegative and Ser vant leadership styles. Length of service showed very high adherence on all leadership styles.

Overall top 3 leadership styles for teachers were Autocratic, Democratic and Servant leadership styles.

Teachers’ gender showed

offset this weakening pressure,” he added.

Philippine Statistics Authority (PSA) data show that imports posted a 10.8-percent decrease last October alone, a turn-around from year-ago’s 26.2 percent expansion, due partly to the decrements of nine of the 10 major import commodities like iron and steel, cereals and cereal preparations, and industrial machinery and equipment.

(PNA)

Bangko Sentral launches P20 coin, enhances P5 coin

Leadership styles of school heads and its relationship to school performance This study aimed to figure the Leadership Styles of the school heads and its relat ionship to s cho ol performance. Descriptive design were use in this study with instruments on lifelike leadership style incidents as means to determine the responses of the 161 teacher respondents and 5 school heads respondents on leadership styles.

Specifically, it sought t o o f f e r d at a o n ; ( 1 ) respondents’ profile: gender, civil status, present position and length of s er vice; (2) leadership styles: Autocratic, Delegative, Democratic, Servant and Tr a n s f or m at i on a l ; ( 3 ) School performance: SBM Level of Practice, Dropout Rate, Cohort Survival Rate and Academic performance.

Statistical tools like mean, percentage, z-test, f-test, t-test and Spearman rank correlation coefficients were used to check the statistical significance of the data.

Filipino) remittance growth,” he added, citing “come hell or high recession, remittance flows have grown with Filipinos always finding a way to make Christmas merry”.

Mapa, however, discounted a similar situation next year as the current account expected to come under renewed pressure on projected imports related to the government’s fiscal push.

“But one thing’s for sure, OF remittance will continue to post decent growth prints to

no significance in all five leadership styles. Civil Status, Present Position and Length of Service showed significant difference on Autocratic, Democratic a n d Tr a n s f or m at i on a l leadership styles. Significant correlations were registered between leadership styles and school performance.

In the final analysis, it was concluded that since demo crat ic le adership st y l e is t he d om i nant style in managing teachers and students in school, continuous development trainings and programs must be implemented since both teachers and school heads are still at their novice level in terms of experience to ensure that performance of school meets if not exce e ds t he st and ards set by the government.

Finally, handling school requires mastery on various leadership styles so that various school scenario and problems will be addressed properly.

as the features of Manuel L. Quezon, the Philippine commonwealth’s first president on one side, and the BSP logo and the Malacanang Palace, at the other side.

Also launched during the event is the enhanced P5 coin, which now has nine sides that will help people easily differentiate it among the NGC coins.

During the same briefing, BSP Senior Assistant Governor Dahlia Luna said the central bank will be issuing “token quantity” of about 500,000 P5 coins before December 25, 2019, while bulk will

be issued starting in the first quarter of 2020.

“And these coins will co-exist with the PHP20 banknotes until the supply of P20 banknotes last around 2021,” she said.

Luna said the P20 coin features a brass-plated steel ring and a nickelplated core while the P5 coin retains the nickelplated steel composition with enhanced shape having nine sides.

“Essentially, these design enhancements in the currency will further promote the ease of recognition by the public and at the same

time maintaining the highly secure and durable characteristics of the coins in the NGC series,” she added.

These measures are among the reasons why the Philippines is among the best in the world in terms of currency production, processing, management and distribution, Diokno said.

He added that coins “play a significant role in a nation’s history” since it pays homage to accomplishments of Filipinos, as well as the historical sites and natural wonders. (PNA)

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Camiguin's Plaza Union is this year's DOT 10 Orange Your Icon in Northern Mindanao

By ERCEL MAANDIG

Photo shows the representatives from the Department of Tourism Region 10 lead

by GAD Focal person Ms.Beverly E.Tapongot gives a Certificate of Recognition to Mambajao Camiguin Mayor Ynigo Jesus D. Romualdo to his support of this year's 18-Day campaign to end Violence Against Women (VAW) during the litting up of Plaza Union as this year's icon of Orange your icon for 18 days advocacy initiative. In left photo is Camiguin Provincial Tourism Officer Candice Dael. photo by ercel maandig

Reigning Miss Cagayan de Oro Cindy Obenita in her gown made by Gil Macaibay III fashion studio. Wearing this when she hosted the Gingoog City's State of City Address recently.

Cagayan de Oro-It was Maria Cristina Falls of Iligan City in 2016 as the first icon in Northern Mindanao litted with orange when the Philippine Commission on Women (PCW) launched ORANGE YOUR ICON for the 18 day campaign to end Violence Against Women (VAW) in solidarity with the United Nation's UNiTE to End VAW campaign.

Tourism is considered as one of the most important sectors in the Philippine economy. Data from the Department of Tourism (DoT) shows that total earnings gained from tourism activities for the first half of 2016 amounted to an estimated Php 127.37 billion marking a 14.7% increase from Php 111.05 billion total earnings for the same period in 2015.

That's why PCW with the Tourism Department of the country promoted community and tourism sector involvement in sharing the vision of a violence free community, promote national and local tourist sites and Landmarks alongside the campaign for fostering VAW free communities and ensure convergence of efforts of the Tourism Industry in their roles in ending VAW. DoT also envisioned Philippine Tourism destinations that are free from street and public places harassment, Philippine Tourism destinations that area free from prostitution, sexual exploitation of women and children,and human trafficking and Genderresponsive Philippine Tourism.

While orange is a bright and optimistic color, it represents hope and a future free from violence

against women and girls.

The ceremonial lighting of Orange Your Icon in Camiguin held at Plaza Union in the town of Mambajao lead by its Governor Jurdin Jesus M.Romualdo together with Provincial Tourism Officer Ma. Candice D. Borromeo and some local officials who took its pledge of commitment to end Violence Against Women.

Built in 1914, Plaza Union located at the Rotonda of Mambajao town in the island Province of Camiguin,lit up Thursday night (December 12) in in an orange color signifying their support to end Violence Against Women (VAW).The Department of Tourism Region 10 together with the Provincial Government of Camiguin conducted an 18-day campaign to End VAW for a "VAW free community Starts with me" campaign from November 25 to December 12,2019.This historical landmark is a parola in pre-war wherein abaca trading from Boholano

traders once occured. But historically,this was first a port area were Japanese guerilla landed during World War II. Other icons who litted with orange color in Northern Mindanao since 2016 are Birhen sa Cota in Ozamis City and Misamis Oriental Provincial Capitol here.

Governor Romualdo build a rehabilitation and training Center for VAWC complete with facilities including livelihood trainings such as sewing and others that's why the province has zero cases on VAW. They also initiated what we called Makanunayong serbisyo(Continuous Services) that includes advocacy,seminar and trainings for the VAWC."The most important is the family values they experienced in every fore- parents and parents has a big role against those violence specially in children such as human trafficking"Romualdo concluded.

Built in 1914, "Plaza Union"located at the Rotonda of Mambajao town in the island Province of Camiguin,litted up Thursday night(December 12) in in an Orange color signifies their support to end Violence Against Women(VAW) lead by Department of Tourism Region 10 together with the Provincial Government of Camiguin.This historical landmark is a "Parola" in pre-war werein Abaca trading from Boholano traders once occured. But historically,this is first a Port area were Japanese guerilla landed during World War II. In this photo lead to witnessed the litting up of this iconic landmark is Camiguin Governor Jurdin Jesus M.Romualdo. photo by ercel maandig

On Focus

By ERCEL MAANDIG

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WEDNESDAY|DECEMBER 18, 2019

SSS forges partnership with Mandaluyong City Government to benefit over 2,700 workers

THE Social Security System (SSS) led by New Panaderos Branch, on Monday, signed a memorandum of agreement with the City Government of Mandaluyong which ensures the social security coverage and protection of its over 2,700 job order and contract of service workers.

Under the agreement, the said workers will be registered as self-employed members wherein their monthly SS contributions will be deducted from

their salaries through the KaltaSSS-Collect Program and remitted to the SSS by the Mandaluyong City Government.

They may now enjoy social security benefits such as sickness, maternity, disability, unemployment, retirement, funeral, and death as well as loan privileges that include member loans such as salary, educational assistance, and housing loans.

Photo shows SSS President and Chief

Consumers Told to Avoid Misbranded and Hazardous Toys AS WE get closer to the Christmas holiday, the EcoWaste Coalition, a non-profit advocacy group for children’s and environmental health, urged consumers to refrain from purchasing improperly labeled and unsafe toys.

The group’s latest toy safety reminder came on the heels of a recent advisory by the Food and Drug Administration (FDA) saying that toys and child care articles (TCCAs) lacking the required labeling information are deemed “misbranded or banned hazardous substances and shall not be allowed to be distributed or sold in the market.”

“To protect vulnerable children against hazardous toys, and to encourage industry-wide compliance to toy safety standards and

labeling regulations, we advise consumers to pick toys that are compliant to what the law requires.

Stronger consumer demand for adequately labeled safe toys will compel toy manufacturers, importers, distributors and retailers to abide by the law, or lose customers and profits,” said Thony Dizon, Chemical Safety Campaigner, EcoWaste Coalition As per FDA Advisory No. 2019-486, TCCAs are considered “misbranded” or “banned hazardous substances” if the following information are not duly indicated on the label: 1) License to Operate number issued by FDA; 2) age grading; 3) cautionary statement/warnings; 4) instructional literature; 5) TOYS/PAGE 11

Executive Officer Aurora C. Ignacio (first row, 2nd from left) and Mandaluyong City Mayor Carmelita A. Abalos (first row, 3rd from left) with SSS Executive Vice President for Branch Operations Sector Judy Frances A. See (first row, leftmost) and Mandaluyong City Legal Department Head Atty.

Jerusha O. Villanueva (first row, rightmost) during the signing ceremony held at the Mandaluyong City Hall.

Also in photo are

(second row, from leftmost to 7th from left) SSS Professional Sector Department Acting Head Carlo G. Villacorta, SSS New Panaderos Corporate Executive Officer II Joel Loyola, SSS Mandaluyong-Shaw Branch Head Annabella Pollyanne M. Romasoc, SSS New Panaderos Branch Acting Head Benjamin M. Dolindo, Jr., Special Assistant to the Corporate Head III Atty. Paul Erik D. Manalo, SSS NCR East Division Acting Head Teresita V.

Soliman, and SSS PasigPioneer Branch Head III Felizardo B. Minor, Jr.

with Mandaluyong City Councilors and Barangay Chairpersons.

Phoenix converts one of biggest taxi fleets in Iloilo to auto LPG

P

HOENIX LPG Philippines, Inc., a subsidiary company of Phoenix Petroleum Philippines, Inc. (Phoenix), engaged in the selling and distribution of LPG products and services, is converting over 200 registered fuel-powered vehicles operating all over Iloilo City and nearby provinces to auto gas-powered cars after the company signed a conversion deal with GDR Taxi, which has one of the biggest taxi fleets in the region.

Aiming to provide a cleaner and affordable alternative to fuel, Phoenix LPG partnered with Clean Vehicle Solutions Limited (CLEVA)—a Hong Kong-based company that specializes in fuel delivery, installation,

Phoenix LPG, in partnership with CLEVA, started the auto LPG conversion of over 200 GDR taxi cars using the latter's PRINS technology.

and maintenance of LPG equipment—to use its Prins Technology for the auto LPG conversion project with GDR Taxi.

Phoenix has, so far, converted 48 out of the 215 GDR taxi units

Talented sisters Chandreena (left) and Shameena Moorjani (right) blurt their heart out during their very first solo Christmas concert last December 15 at Limketkai Event Center in Cagayan de Oro City. Chandreena and Shameena are both under Dreamboard Artists. photo by mark francisco

into auto LPG-powered vehicles and is expected to complete the project by the first quarter of 2020. These taxis are the pilot batch of the auto LPG conversion project of Phoenix LPG using the new technology.

“To complement our credible and efficient Phoenix SUPER LPG for home cooking, we are extending our brand’s offering to motorists through Phoenix Auto LPG, our very own clean-burning and highoctane green fuel. Since it is more affordable, readily available, and portable, auto LPG is the most viable and credible alternative to the conventional fuels we use

today,” Phoenix Petroleum Chief Operating Officer Henry Albert Fadullon said.

Aside from the conversion kit, Phoenix also provides spare parts, product warranty, and technical training and support to GDR Taxi.

The collaboration between Phoenix Petroleum and CLEVA aims to provide fleet operators with a quality auto LPG product and world-class converter technology, producing a better and more rewarding business operation. The company is also set to expand its auto LPG conversion project to other key cities in the country in the coming year.

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WEDNESDAY|DECEMBER 18, 2019

CONGRATULATIONS AWARDEES! Best CSR Program:

Transport & Auto Industry Leaders:

Resort Industry Leaders:

CEPALCO STEAG State Power Inc. SM Cagayan de Oro

Pabama Transport Corp, Bukidnon MGM Motors Mindanao, Inc., Davao ISUZU Cagayan de Oro

Dahilayan Adventure Park, Manolo Fortich Club Tara Kampo ni Juan, Bukidnon

Outstanding Cooperatives:

Tourism Industry Leaders:

Agro-Industry Leaders:

ORO INTEGRATED COOPERATIVE, CDO TAGUM COOPERATIVE, Tagum City DEARBCI – Manolo Fortich, Bukidnon

Fantasyland Travel & Tours, Dipolog City Seagull Resort, Davao City Seven-Seas Resort, Cagayan de Oro City

REBISCO, Manollo Fortich, Bukidnon Bounty Fresh Corp., Cag de Oro TADECO (Tagum Agricultural Devt Corporation)

Electric Cooperatives:

Outstanding Women Business Leaders

Micro Entrepreneurs:

Davao del Sur Electric Cooperative, Inc. Davao del Norte Electric Cooperative, Inc. Siargao Electric Cooperative, Inc.(SIARELCO) Outstanding Mega-Entrepreneur: Mags Lopez Calpito Cue Ms. Beverly Dayanan Jalosjos Group of Companies

Ms. Irene Floro, President, Oro Chamber, Ms. Sholai Lim, PWDC chair of Comval Ms. Jacintza Cellona, President of (RIC) Women Association (SIURICWA) Lanao Norte Hotel Industry Leaders: Mallberry Suites Hotel, Cagayan de Oro Hotel Tavern, Surigao Margarette Business Hotel, Bukidnon

Cucina de Oro Pizarella, Cagayan de Oro Necy Ann Ty, Davao City Social Entrepreneurs: Len Cabili, Iligan City Joe Green Project, Davao City Anthill, Davao City

BusinessWeek MINDANAO CREDIBLE

www.businessweekmindanao.com

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Wednesday|December 18, 2019

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Markado opens Cine de Oro Film Festival with SRO debut T

By ADAM ANAY & RODIELL VELOSO

HE first edition of Cine de Oro Film Festival opened to a full house at Limketkai Cinema 3 on December 15, 2019.

The festival’s opening film, Joe Bacus’ Markado: The Moon Devourer was met with overwhelmingly positive response from audiences as the film drew to an end.

The culmination of three years of hard work finally came to fruition when the film, after touring the world at various film festivals, finally came home to a Kagay-anon audience.

“Add to the fact that

the screening took place at a Kagay-anon cinema (Limketkai Cinema), this is truly an event where Kagay-anons came together as one,” noted Julienne Ilagan, CDOFF Managing Director.

Writes close friend and fellow film maker Adam Anay: “MARKADO: The Moon Devourer is the first full-length feature film of Kagay-anon film director Joe Bacus and it is the opening feature film for the Cine de Oro Film Festival 2019.”

“This genius piece of art received awards in various international film festivals and for the

Bacus directing Markado on location somewhere in Cagayan de Oro City.

Main Category FInalists

first time, it is shown in Cagayan de Oro her hometown and her inspiration. This threeyear worth of work is a masterpiece.”

“Three things I applaud this film for.”

“First, a solid storyline filled with thorns that will make you bleed a little: It creates an illusion that this film is all about a certain social issue that you are familiar with. Displaying death and killings in the streets of the city, the gang wars of local crime lords and the poor family caught in the middle of all these.”

“However, it takes you to a roller coaster turn of events that are completely out of the picture that will keep you asking about the holes and gaps in the timeline. It playfully breaks stereotypes and creates multi-level conflicts with characters as if destiny is playing a joke on all of them.”

“Bacus pays homage to the victims of flood that destroyed the city a few years ago. He even called it the darkest night Cagayan de Oro has experienced.

The flood is weaved throughout the film like how it cuts across the whole place.”

Joe Bacus being honored for his film Markado at the Fukoka International Film Festival in Japan.

“It beautifully uses metaphors and foreshadowing in revealing the real problems and the origins of Sab, the female protagonist. This film makes you think, it validates all of your assumptions and then it blows your mind.”

“Second, workmanship: The film is composed of shots of people and dolls. Yes, half of the film is in a stop motion

format. MARKADO uses these scenes thoughtfully and creatively giving a completely new dimension to the visual storytelling and the ingenuity of the format.”

“It gives your eyes a break from the faces of the actors as you get to be transported into another creative reality. Bacus decided to use these scenes carefully to portray intense scenes making it easier

for the viewer to watch but still keeping the vivid imagery necessary for the act.”

“Nothing was done in bad taste. I can only imagine all the grueling hours and days they have spent to make those stop motion scenes possible.”

“Third, originality: This is a never been told narrative. It is not for the faint of heart. It is a FESTIVAL/PAGE 11

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WEDNESDAY|DECEMBER 18, 2019

ATM... from page 5

PESONet is a batch electronic fund transfer (EFT) credit payment scheme targeted for business-to-business, as well as people-to-business transactions like credit salaries to employees existing accounts.

The central bank is pushing for digital payment transactions as it bids to include more Filipinos in the formal banking system.

Aside from the PESONet and InstaPay, the central bank is also pushing for the adoption of quick response (QR) code even for small vendors and tricycle drivers, among others.

“Through the help of our industry partners, especially the digital payments leaders, we hope not only to achieve our goal of a cash-lite economy sooner than later.

And ultimately enable and empower more Filipinos to reap the benefits of a growing economy through digital payments,” BSP Governor Benjamin Diokno earlier said. (PNA)

Solar... from page 1

water supply and irrigation systems.

“We want our LGUs to access funding for the establishment of solar water supply and irrigation systems not only to provide potable water for their remote villages, but also to prepare them for the expected El Niño next year,” Mr. Piñol said.

In a social media post last week, Mr. Piñol said “at least 2,000 barangays in Mindanao are still without safe sources of drinking water.”

L a s t w e e k , M i n DA conducted a consultation, validation, and capacitybu i l d ing workshop for officials of LGUs that are potential beneficiaries of the water supply program.

For the solar-powered irrigation projects, which Mr. Piñol initiated during his previous posting as Agriculture Secretary, the MinDA program aims to cover 100,000 hectares of rice farms.

Growth... from page 1

their families. " Mi nd ana o may not have the biggest number of OFWs but the number is progressing and the accounts are increasing," she said.

She added that "we will do many things for Mindanao and we will have lots of focus here and go to different places on the island".

Gloria admitted that there are hard to reach areas in this city but they have put up rural branches of their BDO Network Bank to penetrate these places.

"We will tap the microfinancing program of the BDO Network Bank where OFWs can access financing," she said.

Meanwhile, Gloria said OFWs are now becoming wiser in handling their f i n an c e s . “Par t of ou r advocacy is financial education, making them realize the value of saving and investing,” she said.

“Raising their financial knowledge should start at the onset, meaning, we teach them what they can do with their hard-earned money by allocating a portion to savings and looking for

BPI Family Savings Bank bond offering raises P9.6B BPI Family Savings Bank (BFSB) issued PHP 9.60 billion of bonds and listed them Tuesday on the Philippine Dealing & Exchange Corp. (PDEx).

The bonds, which can now be traded in PDEx, are more than four times oversubscribed and represent BFSB’s first ever foray into the capital markets.

The bank attributed this to robust demand from both institutional investors as well as retail clients.

The proceeds from the issuance will support BFSB’s drive to diversify its investor base and fund its asset expansion, particularly loan growth, digitalization initiatives, and general corporate purposes.

“BFSB has always been committed to help Filipino families achieve their dreams sooner, rather than later. We set the bonds at a comparatively low initial investment price and increments so

investments which can serve their long-term goals,” Gloria said.

Through the BDO Remit, they also visit universities to teach young adults, whose parents may be an OFW, to take care of the money sent to them.

They likewise conduct financial education activities in various barangays to orient people, particularly the unbanked, about the importance of being a part of

that more Filipinos can gain from this investment instrument,” BFSB President Maria Cristina Go said.

BFSB, the wholly owned thrift bank and consumer lending arm of the Bank of the Philippine Islands (BPI), priced its maiden bond issuance on Nov. 21, 2019, at 4.30 percent per annum, with an initial issue size of PHP2 billion.

Its offer period began on Nov. 25, 2019, and was cut short by a week and a half, ending on Nov. 27, 2019, owing to robust demand.

BPI Capital Corporation (BPI Capital) is the sole selling agent, while The Hongkong and Shanghai Banking Corporation Limited is the sole arranger and participating selling agent of this deal.

Land Bank of the Philippines–Trust Banking Group is the appointed Trustee for this bond issuance. (PR)

the formal banking system.

Since starting the financial education advocacy in 2014, Gloria said they have noticed a significant improvement in the saving scheme of OFWs as indicated by the growth in their monthly savings.

“They are saving more now and they know their priorities and goals. For us, this improvement is a testament that this advocacy of ours is working well for them,” she said. (PNA)

Correlates of school and home climate towards attitude in Mathematics performance ANGELINE D. NAMOCATCAT, T-I Alubijid National Comprehensive High School (ANCHS) Division of Misamis Oriental

This study used descriptive research which aimed to determine the correlation of home and school climate condition and attitude in Mathematics among grade seven students at Alubijid district, Misamis Oriental, in school year 2018-2019. In this study sought to answer questions about the respondents’ home and school climate condition.

In home climate condition, the discussions included were about students’ study habits, availability of learning materials in Mathematics, parental guidance and domiciliary environment. And for the school climate condition, the discussions include d were ab out te achers’ personality traits, teachers’ teaching skills, availability of instructional materials and school environment.

Also, this study sought to answer questions about respondents’ attitude in Mathematics, the discussions included were about affective (students’ interest), cognitive (Mathematical skills), and behavior. Through the use of sloven formula there were four hundred forty two (442) grade seven students from Alubijid district that composed of five (5) Junior High School namely; Sampatulog Integrated School,Taparak Integrated School, Sungay Integrated School, Lourdes Alubijid National High School and

Alubijid National Comprehensive High School who were involved in this study, in school year 2018-2019.

Data collection was done through adapted and modified questionnaire on Home climate condition that involves students’ study habits, availability of learning materials in Mathematics, parental guidance and domiciliary environment, for School climate condition it involves teachers’ personality traits, teachers’ teaching skills, availability of instructional materials and school environment and for Attitude in Mathematics it involves affective which refers to students’ interest, cognitive which refers to mathematical skills, and behavior.

Part one of the questionnaire involves home and school climate condition of the respondents while for part two involves the respondents’ attitude in Mathematics performance.

Weighted mean and standard deviation were used in the analysis of the data of the respondents’ condition in terms of the home climate that includes students’ study habits, availability of learning materials in mathematics, parental guidance and domiciliary environment and for school climate that includes teachers’ personality traits, teaching skills, availability of instructional materials and school environment. And also for

the students’ attitude in Mathematics that includes affective, cognitive and behavior. Moreover, Pearson Product Moment Correlation was utilized to establish the relationships between home and school climate condition and students’ attitude in their performance in mathematics.

On the basis of the findings, t he res e archer conclude d t hat students’ home and school climate condition which includes study habits, availability of learning materials in mathematics, parental guidance, domiciliary environment, teachers’ personality traits, teaching skills, availability of instructional materials and school environment had a significant correlations with attitude in mathematics performance which includes affective, cognitive and behavior. A grade seven student inspired to do good in mathematics because he/she experienced good climate condition at home and school.

Therefore, home and school climate condition would be a great help to the students’ performance in mathematics.

Based on the findings of the study, the researcher recommended that teachers and parents should patronize the good home and school climate condition to every students because it would provide students’ good performance in mathematics.

11

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WEDNESDAY|DECEMBER 18, 2019

Gifts... from page 4

said He would rather have us love Him by obeying and living for Him every day than for us to give a gift to the church once in a while, so we can try and make up for the way we live the rest of the time. Jesus loves us all very much! He always listens to us and forgives us, no matter how wrong or hurtful we’ve been. Jesus is just waiting for you and me to choose to love Him in return. He’s patiently waiting for us to spend time alone with Him so we can get close to Him, not just on special days like Christmas and Easter but every day. And as you spend time with Him, Jesus will help you change to become more like Him. Then you can start giving gifts of real love to others, not just on special days, but every day of the year. Just Think a Minute…

Fiction... from page 4

revolutionary government conveniently mowed downed by machinegun fire farmers who stage peaceful rallies in Plaza Mendiola and those in the gates of Hacienda Luisita. They were merely asserting their rights as land reform beneficiaries of that vast estate. Is Bono playing to the tune of the moribund Aquino regime and believed that Cory Aquino is really that icon of democracy?

I can forgive you Bono for your ignorance for not a few among westerners – politicians and journalistssuccumbed to fake news that our own politicians and some journalists conjure.

Let me just point out some painful facts. The incumbent President you sneered at took over a governmentrun by Benigno-Simeon Aquino III that was nearly on the edge of a failed state.

Graft and corruption had been institutionalized and criminality was commonplace.

The Philippines is almost a narco-state assuming it was not yet. When Duterte took over the helms of government several police generals, politicians were involved in drug syndicates. Drugs sold in streets, school campuses and in some concerts like what you are staging now, are made of chemicals we call “shabu”. It’s not the “grass” that westerners are hooked to. Senseless crime including rape of innocent children

was committed and linked to addiction of shabu. Shabu laboratories were operating with impunity all over the country and trading is even done even inside a state penitentiary.

Against this background, D ute r te w age d a tot a l w ar ag ai nst d r u g s . He had dismantled all drug laboratories nationwide and ran after members of the syndicates. Big-time drug lords, some of whom were untouchable politicians, were neutralized. The network of distribution dismantled.

Close to 8,000 suspects were killed while over a million victims of drug-dependents were rehabilitated. You only heard of the exaggerated figures of drug pushers killed which the local and western media contrived.

You only read about sad stories of victims killed either in a crossfire or mistaken identity. Your press gloss and gloat over these few unfortunate events. The western press dubs thousands of those innocent civilians killed in carpet bombings as “collateral damage” but the few unfortunate victims in my country call “victims of extrajudicial killings”.

They even attributed it to the so-called Davao Death Squads which they claimed were organized by Duterte.

That too is a blatant lie that the “noble” western press propagates as truth.

While today, there are still incidents of street crime it is a rarity and often involved foreign nationals themselves.

So Mr. Paul David Hewson welcome to the Philippines and I hope you disabuse yourself with the diatribes that are being dished out by the critics of Duterte. You are being mobbed anywhere you go to but being mobbed by fans does not come close to the description that the Philippines is a war zone according to your heroine of the press – Maria Ressa. Think of this. If you have a President who gets an approval rating of 82% from his constituents, surely between those people you adored and believed you can easily surmise where truth and fiction lies.

Tourism...

from page 4 • Accommodation, i.e. hotels, bed & breakfasts, guest houses, self-catering/serviced apartments, camping, caravanning and home stay • Hospitality, i.e. food and beverage serving services,

R.A. 9048/RA 10172 Form No. 1 (LCRO) Republic of the Philippines Province of Misamis Oriental Municipality of Manticao -oOoPublication Notice R.A. 10172

e.g. pubs, restaurants, cafes, private dining for groups/ conferences • Transport services, e.g. rail, road, water, air networks and rental • Guided tours and tourist guides • Travel agencies and other reservation services, including tour operators and destination management companies • Cultural services, e.g. museums, attractions • Sports and recreational activities • Retail The travel trade It is useful to distinguish between trips which are booked directly and those which are booked via third parties such as the travel trade. The travel trade acts as an intermediary between visitors and tourism products.

The travel trade has multiple purchasing power. One tour operator can make arrangements on behalf of hundreds of other people.

The growth of the internet means that more people are now booking their trips directly, either online or by phone after researching on the internet. However, the travel trade still plays a major role, particularly in longer-haul markets or where visitors have more complex travel arrangements.

The travel trade are likely to bring both individuals and groups to the Philippines.

Festival... from page 9

celebration of stories and art pulled together to be an hour length product.”

“After the film, Direk Joe said that it was a collection of stories and realities he has personally heard and experienced in the city. I think this is why the film is so resonant – it is a mash-up of the collective identity of our city. It’s all our stories placed together paced in a thrilling and exciting manner. You can easily identify as Sab, as Ed, or as Mandy or any of the character -mere products of fiction but reflects reality.” “ This film is Bacus’ attempt in starting a cultural film revolution in the city where creators and artists try to explore the beauty of Southeast Asian Cinema instead of ascribing to the

typical Hollywood formula.

It tries to write the story of the Kagayanon and his plight to understanding more about himself despite forgetting his roots. It challenges us to tell the difficult stories left in the dark and untouched like the moon. “ “Bravely leading the cavalry to the frontiers of knowing the origins, Bacus never fails to surprise and to deliver.”

“The screen showed Sab one more time, regal and vulnerable at the same time.

It faded into pitch darkness and that was when I have realized that she is home.

MARKADO has come home.”

After the screening, Bacus went onstage to introduce the team and thank everyone who came and supported the festival’s opening.

“For a film community to thrive in a city, there must f irst b e audience development,” he observed.

“That is why we chose to program many kinds of films and voices in this year’s Cine de Oro film lineup, in order to educate audiences on our roots in Asian storytelling and break free from mainstream Hollywood sensibilities.”

He then invited everyone to attend the subsequent short film screenings at the Limketkai Activity Center on the second floor from 1-5PM and at Kanto 6-11PM where people can watch some of the best films by storytellers from all of Mindanao and Asia.

Cine de Oro Film Festival is organized by Imoortals and Blackfish Productions with the support of Limketkai Center, Limketkai Mall, Limketkai Cinemas, Limketkai Luxe Hotel, Kanto, Gamba Music & Sports, Pane e Dolci, Backyard BBQ, Wheels, Mykarelli’s Grill, 1A Express, Cagayan de Oro City Mayor Oscar Seriña-Moreno, the Film Development Council of the Philippines, Primavera R e s i d e nc e s , Uptow n Condotel with BusinessWeek Mindanao, Mindanao Daily and Metro Cagayan de Oro Times as Media Partners.

Ad a m A n a y a d o r e s Mindanao literature and folklore. He works in promot ing cohes ive communities on the island through communication and empowerment. He is the

ALLAN'S LECHON

OFFICE OF THE LOCAL CIVIL REGISTRAR NOTICE TO THE PUBLIC

CCE-0069-2019

Date: 16 December 2019

In compliance with Section 5 of R.A. No. 9048/RA 10172, a notice is hereby served to the public that REGYME QUILAB WAPIN has filed with this Office a petition for correction of GENDER from MALE to FEMALE in the birth certificate of REGYME QUILAB WAPIN who was born on 26 JULY 1995 at PAGAWAN, Manticao, Misamis Oriental and whose parents are JERRY BACULIO WAPIN and MARGIE MAGLANGIT QUILAB.

Any person adversely affected by said petition may file his written opposition with this Office not later than 15 JANUARY 2020.

BWM: December 18 & 25, 2019

DOROTHEO O. LACBAIN, JR. Municipal Civil Registrar

Main: Purok 4 Puerto, Cagayan de Oro City Cell #: 0928-616-4431 / 0905-777-0670 Branch: 31st Nazareth, Cagayan de Oro City Cell #: 0926-594-9540

Free: HALANG-HALANG or DINUGOAN!

Branch: Casinglot, Tagoloan, Misamis Oriental

For orders, please call:

KAG. LOLITA L. WAHING

Class Valedictorian of Xavier Ateneo’s DevCom Class 2017.

He was also cited as one of the 2017 Ten Outstanding Students of the Philippines and currently works as Tech Camp Coordinator for Equal Access International – Philippines.

Toys... from page 7

manufacturer’s markings (name and address of the local company); and 5) item model /stock keeping unit (SKU) number.

The said advisory is in line with Republic Act 10620, or the Toy and Game Safety Labeling Act of 2013, which seeks to protect children against potential hazards to their health and safety by requiring special labeling of toys and games.

“As children are prone to various environmental and health risks, we urge toy givers to watch out for toys in the market that may expose a child to harmful chemicals or cause choking, skin cuts and abrasions, strangulation and injuries to the eyes and ears,” Dizon said.

For a safer toy gift-giving this Christmas, the EcoWaste Coalition urged consumers to pay attention to the following reminders: 1. Select age-appropriate toys.

2. Choose durable and well-made toys.

3. Reject toys with small parts to lessen the risk of choking.

4. Avoid toys with a cord longer than 12 inches to prevent strangulation incidents.

5. Steer clear of toys with pointed parts, sharp edges and those that can eject small objects.

6. Avoid painted toys unless certified as lead-safe.

7. Shun toys made of polyvinyl chloride (PVC) plastic, which may contain

toxic additives.

8. Refrain from buying toys that are packed in too much layers of wasteful plastic wrappers.

9. Shop for duly labeled and FDA-notified toys.

To see TCCAs that are duly notified with the FDA and are distributed by FDA-licensed manufacturers, traders and distributors, please go to this site. http s : / / w w 2 . fd a . gov. ph/index.php/consumerscorner/toys-and-childcareartiles-notification "Gift givers may also consider giving non-toy gifts that could, for example, help kids to explore their creative talents, get them more excited to read and gain new knowledge, or make them healthy and fit," the EcoWaste Coalition added.

Vista... from page 3

Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, to Vista Land’s (VLL) proposed bond issue.

Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong.

PhilRatings said Vista Land’s top rating is due to its well-diversified portfolio, continuously growing profitability with strong margins and its ability to generate cash flows from operations, and the favorable industry outlook, backed by resilient and growing demand.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL Office of the Clerk of Court 10th Judicial Region Cagayan de Oro City SHERIFF'S NOTICE OF SALE EJF FILE No. 2019-809 Upon extra-judicial petition for sale under Act 3135 as amended filed

by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC) with principal office address at 104 Amorsolo St., Legaspi Village, Makati City, with branch office at Mezzanine Floor, Consuelo Bldg., Corrales Ave., Cagayan de Oro City against SPS. PRESCO MIJIAS ANUNCIADO & MA. SOCORRO P. ANUNCIADO, with postal address at Crossing Libona, Bukidnon or at Lot 7, Block 1, Villa Trinitas Subd., Bugo, Cagayan de Oro City to satisfy the mortgaged indebtedness which as of October 31, 2019 amounts to ONE MILLION TWO HUNDRED TWENTY EIGHT THOUSAND ONE HUNDRED FORTY THREE PESOS & 30/100 (Php 1,228,143.30) the undersigned sheriff will sell at public auction on JANUARY 14, 2020, at 10:00 o'clock in the morning to 4:00 o'clock in the afternoon or soon thereafter at the Hall of Justice, Goldridge Building, Macapagal Drive, Upper Carmen, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property thereon, to with: TCT No. T-66127

"A PARCEL OF LAND (Lot 7, Block 1, Psd-10-015679, being a portion of Lot-1-D-2-E-9, (LRC) psd-96900) situated in the Barrio of Bugo, City of Cagayan de Oro, Province of Misamis Oriental, Island of Mindanao, containing an area of One Hundred Thirty (130) square meters, more or less."

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

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

In the event the auction date falls on a HOLIDAY, it shall be on the next working day without further notice and publication.

December 5, 2019, City of Cagayan de Oro.

BWM: Dec. 18, 25, 2019 & Jan. 1, 2020

MA. TERESITA QUIBLAT-INSO Sheriff IV

BusinessWeek MINDANAO CREDIBLE

www.businessweekmindanao.com

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Wednesday|December 18, 2019

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‘You’re Welcome’ as Anytime Fitness reveals its ultimate purple champion during the annual battle of the Purple Warriors PASAY, PHILIPPINES – To end an almost 3-mo campaign, the world’s largest and fastest growing gym franchise, Anytime Fitness, throws their biggest Battle of the Purple Warriors event to date. Held last December 07, 2019 at the Music Hall, SM Mall of Asia, the annual Battle of the Purple Warriors gathered six contending teams from different Anytime Fitness branches across the country.

Battle of the Purple Warriors An inter-club competition facilitated

by Anytime Fitness, Battle of the Purple Warriors is a one-day event dedicated for the toughest members and coaches vying for the

top honor. This year, six qualifying teams from AF Ecoland, AF Santa Rosa, AF Bacoor, AF Shaw Boulevard, AF Maginhawa, AF Cubao, battled it out in an exciting series of challenges and obstacles ending in a bittersweet final round.

Search for the Purple Champion As the “fastestgrowing fitness franchise of all time” on a global scale, Anytime Fitness always stays true to its brand values – to provide a safe space where everyone can be themselves without any judgments, intimidation, or discrimination.

With over 4,000 gyms spanning six continents and well-maintained facilities which feature

top-quality exercise equipment, the fitness behemoth has recently launched ‘The Search for the Purple Champion,’ a movement that aims to spark inspiration through fitness stories from Anytime Fitness’ club members.

During the event, Anytime Fitness revealed their ultimate Purple Champion alongside the winning team for this year’s Battle of the Purple Warriors.

Anytime Fitness Asia’s Chairman, Maurice Levine, who was also present during the event mentioned how important it is for the brand to cultivate this kind of culture.

“Truly, teamwork makes the dream work. Our

customers are our top priority, and same goes for our staff and members. I hope that the annual Battle of the Purple Warriors continue to inspire our club members and coaches. You are our backbone! Let’s continue to make Anytime Fitness a fun and friendly environment for everyone,” adds Maurice.

The Battle of the Purple Warriors and Search for the Purple Champion was presented

by My Daily Collagen, in cooperation with Huawei, Hoka One One, The Finix Corporation, Lightwater, and Red Planet Hotels.

For more details, visit www.anytimefitness. ph and Anytime Fitness Philippines on Facebook.