BusinessWeek Mindanao (December 22, 2017)

BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 90

Market Indicators As of 6:00 pm Dec. 21, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.194

8,378.28

X X Briefly

10.8

15.67

cents

points

No firecrackers

DAVAO City -- Transporting firecrackers through Davao City is still prohibited in Davao City, according to Mayor Sara Duterte-Carpio.

“It is not allowed in the [ordinance],” the mayor emphasized. “The city government cannot even issue a permit to transport because the [ordinance] prohibits transporting firecrackers in Davao City.”

The strict implementation of the ordinance will entail firecracker traders to look for other routes where they can transport their goods.

The Davao City Ordinance No. 060-02 strictly prohibits even the possession of any firecracker, pyrotechnic devices and the likes within the city’s vicinity.

YOUR Mindanao-wide BUSINESS paper

RELIABLE

IN-DEPTH

Lapasan Highway, Cagayan de Oro City

WB allots extra $4.2M for M’danao devt fund www.businessweekmindanao.com

Friday | December 22, 2017

P15.00

T

HE WORLD BANK is considering an additional $4.2 million of funding for the second phase of the Mindanao Trust Fund (MTF) Reconstruction and Development Program.

Biz confidence PHILIPPINE businesses are increasingly optimistic about the economy as business optimism across the Asia Pacific region hit a two-year high on positive trade prospects and higher revenue expectations.

Grant Thornton’s new Asia Pacific report showed that Philippine executives cited three top opportunities in the country over the next five years: Increased ASEAN economic cooperation, upgrading local infrastructure, and automation of simple business processes.

Marivic Españo, P&A Grant Thornton Chairperson and CEO, said: “Philippine businesses are increasingly optimistic about the national economy and plan to hire additional staff based upon an improving trade picture and increasing revenue expectations. Businesses will need to continue to invest in R&D and plant and machinery to capitalize on the region’s continued prosperity.”

Cagayan de Oro

PREPARING FOR ‘VINTA’. Billboards are emptied of their tarpaulins and signages in Cagayan de Oro City yesterday as safety measure for the arrival of Tropical Storm Vinta. mindanews photo by manman dejeto

According to World Bank project documents, the program is currently in the pipeline for approval.

The bank first launched the program in 2006, helping finance livelihood centers, solar driers, farmers’ pathways, water and sanitation systems, among others.

In 2012, the World Bank put up additional financing of $5.72 million.

The program aims to assist in the economic and social recovery of conflict-affected and vulnerable areas of Mindanao, and at the same time improve governance standards.

The program helps development partners to pool resources and coordinate their support for the program.

The MTF also brings local government units to work with the fund/PAGE 11

Bukidnon town acquires P150M loan with Land Bank

By WALTER I. BALANE, MindaNews

MALAYBALAY City -- The Municipal Government of Kitaotao, Bukidnon signed a P150-million loan agreement with the Land Bank of the Philippines (LBP) for structures that will boost local development and tourism, officials said.

The 15-year loan agreement with 5 percent interest will be used to finance, among others, a new public market and terminal complex, said Engr.

Winnie Angit, the municipal planning and development coordinator. loan/PAGE 11

Davao needs 1,000 modern buses to decongest traffic

By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- At least 1,000 modern buses will be needed for the implementation of the High Priority Bus System (HPBS) in three years to decongest traffic here, City Planning and Development Office

head Ivan Cortes said.

In an interview Wednesday, Cortes said the city government would tap the private sector that will procure the modern buses to replace over traffic/PAGE 11

NO TO SOGIE BILL. Leaders from different evangelical churches in Cagayan de Oro have expressed their opposition to the proposed same sex marriages being pushed in Congress. From left: Ptr. Ching Roa, Bishop Gene Udang, and Rev. Alex Eduave. photo by gerry lee gorit

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

2

Economy

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

friday|december 22, 2017

Marawi City IDPs undergo moral DOLE 10 funds women group in MisOcc town Recovery, psychosocial intervention

I

LIGAN City --With the help of uplifting messages from ulamas (Muslim scholars), the displaced residents of Marawi City undergo moral recovery and psychosocial intervention in a program held at Toril Evacuation Center, Ubaldo Laya, Iligan City.

Initiated by Task Force Bangon Marawi (TFBM) and in partnership with Muslim religious scholars, the intervention program

aimed to strengthen the morale of internally displaced persons (IDPs) and to inculcate in their hearts and minds the essence of peace and acceptance.

Professor Fahad Cali of Mindanao State University-Marawi, explained that with the influence of the religious leaders, the displaced residents need to know that “acceptance is important so that people will be aware of what is happening now.”

Cali also advised

them to keep calm and to return to God. “Galing tayo kay God. Dapat ngayon bumalik tayo sa kanya by doing good deeds sa sarili, sa anak at sa kapwa tao,” said Cali.

[We came from God. Thus, this time, we should return to Him by doing good needs for ourselves, for our children and for other people.]

Speaking in Maranao dialect, Aleem Omar Badron of Provincial Ulama Council, emphasized that Islam is not a religion of

violence but a religion of peace. He also explained that through cooperation, everyone should do things for the goodness of a nation and of a community.

Meanwhile, solar lamps, food packs and toys were also distributed to the IDPs staying in Toril evacuation center.

Another psychosocial intervention program will be conducted in home-based communities in Barangay Upper Hinaplanon, Iligan City.

(PIA-ICCC/LEAntonio)

JIMENEZ, Misamis Occidental -- Department of Labor and Employment Misamis Occidental (DOLE MisOcc) turned over a check worth P500,000 as financial assistance to the Federated Women’s Association of Jimenez (FWA of Jimenez) and Gata United Women’s Association on 5 December 2017 at the Municipal Hall of Jimenez, Misamis Occidental.

DOLE 10 Regional Director Atty. Joffrey M. Suyao approved the release of grant under the Kabuhayan Program of DOLE Integrated Livelihood and Emergency Employment Program (DILEEP) which

aims to contribute to poverty reduction, and vulnerability to risks of the poor and marginalized workers.

DOLE’s livelihood programs were made known to these two underprivileged women’s associations through the unceasing advocacy of DOLE MisOcc. headed by Leonardo G. Rodrigo, in partnership with the Jimenez Public Employment Service Office (PESO) Manager Arnulfo Guimalan, Jr., as well as living testimonies of those who previously benefited from any of DOLE’s livelihood programs. dole/PAGE 11

Parents Involvement in Students’ Education Maria Lourdes P. Soquillo Teacher I MOGCHS

RPN Radyo Ronda Stations Nationwide

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

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

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

In t he b eg inning G o d created the universe, the earth and everything on it, regardless of their status and capabilities, living or nonliving. But everything on it, human beings are destined and responsible to take care and to cultivate.

Likewise our first parents Adam and Eve are in-charge so are we now in our generation and so on and so forth.

God commanded them to go to the world and multiply, together with this commandment is to protect, support and raise their

children with discipline and love and with reverence to God. Equipping our children as a parent is not just responsibility but giving them the right to live and prosper in what life in store for them, with commitment, joy, and a Christ-centered life.

Sending them to school is not an errand for them to do alone but a collaboration of parents’ effort, guidance, and mentoring not leaving them with the teachers’ jurisdiction and conflict major duties and

responsibilities in school, community and in the family.

Studies showed that most of the students supported by parents in their education are more likely to be an open-minded individual, joyful, competent, outgoing, witty and intelligent.

In short, ever ything material in this world will not, could not and will never be an hindrance for good relationship in the future. A loving, firm, Christ centered parents will definitely, or more likely to be raising good children.

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

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

friday|december 22, 2017

3

4

Opinion

HOTLINE

DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

RUFINO T. MAGBANUA

Vice President for Business Development

Joe felicilda

JOHN AARON M. DEL BANDO

Vice President for Events and Promotions

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

gilbert y. chao Motoring Editor

JUN AYENSA

Regional Editor - Caraga

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

Contributing Editors Legal Counsel CLIFFORD SANTILLAN Layout Artist

ATTY. MARIO T. JUNI

ABEGAIL BAYNOSA Sandra encoY

Juni Law Office Cruz Taal St., CDO Legal Counsel

Cell No: 09352379999

Advertising

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

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

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

Member: Philippine Press Institute Oro Chamber

The main thing think a minute

jhan tiafau hurst Think a minute…I heard a funny, true story about this guy who goes to the gym to exercise several times each week. Each time he takes 15 minutes to change his clothes and get ready.

Then he walks around the gym talking with different people. After that he reads the newspaper. Finally, he does a few stretches and 5-10 minutes of exercises.

Then he takes a hot steam bath before going home. So in the entire 2 hours he’s at the gym, he only spends about 10 minutes exercising!

One day someone heard this man say: “I don’t understand it. I go to the gym almost everyday, but I never seem to lose weight.” Of course, everybody at the gym knows why. They see this guy there doing everything except the main thing: exercise!

It’s very important that we keep the main thing the main thing. If we want to be successful in our job, business, school, or having a happy family, we must always get the main thing done. We should not spend more time and energy on things that are less important than the main thing. We often get distracted and sidetracked doing other things that might be easier or more fun to do, and we fail to ‘take care of business’ with our main responsibilities and priorities.

For example, a taxi driver’s main thing is to make money by getting passengers. That means he must be working, driving around looking for passengers. But if most of the day he just cleans and polishes his car, then at the end of the day that’s all he’ll have—a clean car with no money! Successful people don’t just stay busy and work hard, they work smart!

They put first things first by doing the most important things that will make them a success.

But many people have heaps of money or positions of respect and power. They’re highly educated, healthy, even good-looking, but they’re still unhappy and hurst/PAGE 11

friday|december 22, 2017

Vulnerability this time of the year

Businessweek Mindanao Corporation Publisher

Vice President for Administration

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

Ruffy magbanua AS I write this piece, weather bulletins keep me on my toes as another Low Pressure Area (LPA) enters the PAR or the Philippine Area of Responsibility, hitting Caraga and Davao regions including Northern Mindanao and within hours, it has become a Tropical Depression (TD) christened by Pagasa as Vinta.

Indeed it’s the time of the year when bad weather comes along with the Yuletide celebrations elsewhere and everywhere.

What makes our region vulnerable to flashfloods?

This week’s flooding in low-lying areas of Eastern Visayas was another test of our resilience in the wake of nature’s latest challenge - - m a ss ive i nu n d at i on spawned by Typhoon Urduja’s onslaught.

It was a Sendong-like flash floods, destroying properties and killing more than 40 people. Vivid pictures posted on FB say it all.

Years after Sendong, climate change experts had warned the possible adverse effects of the La Niña weather phenomenon,

including sudden flashfloods expected to hit land between the wet months of September to January.

As proof of that warning, the Department of Environment and Natural R e s o u rc e s’ M i n e s a n d Geosciences Bureau (DENRMGB) had provided a geohazard assessment study and a geo-hazard map to the city government.

The map had identified flood-prone areas, including all of the 25 barangays of Cagayan de Oro that were swamped by floodwaters every time bad weather comes along.

The study shows that Cagayan de Oro River when spawned by torrential rains, water is expected to rise by over a meter, or more.

Among other disaster preparedness measures, the study recommended that the city bolster the communication capability of the barangay disaster coordinating councils and give regular updates to the City Disaster Risk Reduction and Management Council.

Further, to help citizens prepare for the onslaught of the storms, Pagasa had issued Public Storm Warning Signals that indicate the intensity, the areas that will be affected and the forecast direction and speed of the tropical storm or typhoon. As a reminder, here are the storm signals: Public Storm No. 1: The first signal indicates that the area affected should expect intermittent rains within hotline/PAGE 11

Christmas must be celebrated because of Jesus Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “…

Then Moses summoned all the elders of Israel and said to them, `Go at once and select the animals for your families and slaughter the Passover lamb’...” (Exodus 12:21, the Holy Bible).

-ooo CHRISTMAS MUST BE CELEBRATED BECAUSE OF JESUS: In this world where those who believe in God have to live in, many have adopted the habit of saying that Christmas, or the season which commemorates

the coming to earth, in the form of man with flesh and blood, of God whose Name is Jesus, should no longer be celebrated, citing what to them are compelling reasons for such non-celebration.

Some say that Christmas is only for the rich and the mone yed, causing only stress to t he p o or and the penniless every time this commemoration is carried out in December of every year. Still others say that there is no certainty that the “birth” of Jesus took place in December, especially if we consider that a December “birth” seems an impossibility, because that is usually winter time in Bethlehem.

What is the truth here? As far as the Simbahang Anak ng Diyos Kadugo Ni Kristo (or AND KNK, the Children of God Blood Kin of the Christ Church) is concerned, the reason for the celebration is clear: to remember and,

more importantly, to thank God whose Name is Jesus for the salvation He has given to sinners, snatching them away from the hell of fire and worms. If Jesus did not come on the first Christmas day, every single one of us will surely go to hell.

-ooo CELEBRATIONS FOR GOD, COMMANDED BY THE BIBLE: If we read the Bible more carefully, we will not fail to realize that the commemoration and the celebration of anything that relates to God---in His manifestations as Father, Son, and Holy Spirit---were commanded by God Himself to be carried out by those who truly believe and have faith in Him. This commemoration o r c e l e b r at i o n b y t h e earliest believers was no longer meant only for their personal satisfaction, even if the food and drinks that were regularly served during

those commemorations or celebrations can be consumed only through days and weeks of continuous eating and drinking and merry-making, but more for their spiritual strength, to make them come closer to God. The fact was that, the celebrations were designed to make the believers remember the salvation given to them by God, first from the death and destruction devised against them by their enemies, like their enslavement for 400 years in Eg ypt, or from n atu r a l c a l am it i e s an d tragedies, like the famine that struck Israel for seven years during the time of Joseph the dreamer, the son of Jacob or Israel.

-ooo LIST OF FEASTS C OM M E MOR AT E D I N THE BIBLE: If the truth be told, there are seven major celebrations which the Bible, in its Old Testament, required batas/PAGE 11

Give without expecting any return hints and traces

roy cimagala This is how we should give if we want to follow the example of Christ. We have to give to others not only things but also our own selves without expecting any recognition or any reward.

This was clearly taught

by Christ when he said that when we hold a banquet, we should not invite those who can invite us in return, but rather those-”the poor, the crippled, the lame, the blind”-who are unable to invite us in return. (cfr Lk 14,12-14)

“Blessed indeed will you be because of their inability to repay you,” he said, “for you will be repaid at the resurrection of the righteous.” (cfr Lk 14,1214) Let’s always keep these words of Christ that assure us of what we are going to receive in heaven if we are generous with others here on earth.

We have to make an effort, always asking, of course, for the grace of God first of all, so that we can learn to assume this attitude with respect to our selfgiving. In the end, this will make us to be like Christ who gave himself totally to us, including giving his life for our sins.

Let’s remember what he told his disciples: “Freely you have received, freely you have to give.” (Mt 10,8) G r at u it o u s n e s s s h o u l d characterize our self-giving to God and to others, just as gratuitousness characterizes

God’s love for us. Such gratuitousness will gain us much more than what we give away.

In this regard, we have to do some continuing battle against our unavoidable tendency to be calculating in our self-giving. Not only do we have to contend with our personal weaknesses in this regard. We also have to contend with a tremendous cultural environment, so prevalent these days, that not only is not conducive to this attitude of Christian generosity but is also hostile to it.

We constantly have to rectify our intentions when we have to give to others-be it things, a service, or matter of attention and affection.

This is especially so when our giving is for God. Let’s never forget that God cannot be outdone in generosity.

Remember that episode of the couple Ananias and Sapphira as recorded in the

Acts of the Apostles. (cfr 5,1-11) They sold a piece of property, but instead of giving the whole proceeds to the apostles, they gave only a part and kept the rest, lying to the Holy Spirit in the process. For this, they met sudden death.

We should see to it that our gestures of self-giving is whole-hearted and is inspired by true love that can only come from the love of God for us. We have to avoid playing games in this regard, for God knows everything and would deal with us the way we deserve.

We have to learn to be truly generous, neither c ou nt i ng t h e c o s t n or expecting any return. This obviously is not easy to do, given our wounded human condition. But if we always go to Christ to get inspired by his example and to ask for his grace, we can do it.

The impossible becomes cimagala/PAGE 11

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

friday|december 22, 2017

Salute to heroes:

5

Vivo gives back to Marawi soldiers with Special Outreach

V

ivo Philippines, in the true Filipino Christmas spirit, gave back to the heroic soldiers who fought to free Marawi by spending an afternoon with them last December 17 at the Armed Forces of the Philippines (AFP) Hospital in V. Luna, Quezon City.

The special outreach was attended to by Vivo employee-volunteers who interacted with 150 soldiers and their families and entertained them with song and dance performances.

VIVO’s celebrity influencers were also in attendance to give joy and encouragement to the Marawi freedom fighters. KZ Tandingan, Darren Espanto, Jason Dy, and Kisses Delavin also shared their talents in the afternoon of thanksgiving, to the delight of the wounded soldiers and

their families.

Brand Director for Vivo Philippines Annie Lim, shared her respect for the courageous soldiers.

“The soldiers who fought in Marawi are more than heroes--they are also fathers, sons, brothers, friends who placed their life on the line in the name of things that matter most to every Filipino: togetherness that goes beyond religion and love that knows no boundaries.” she said.

Vivo Philippines recently came out with a heartwarming Christmas video featuring the plight of a soldier who fought in Marawi and his family.

Vivo, by way of the special Christmas video, shares and celebrates what a truly meaningful Christmas is for Filipinos. Family, togetherness, empathy, and the spirit of giving make a Filipino Christmas like no one else in the world.

Vivo Philippines volunteers who helped out with the event

KZ Tandingan sharing the spotlight and doing a duet with one of the soldiers

Soldiers starting off the program with a singing of the Philippine National Anthem

Kisses Delavin taking a clearer selfie with the new Vivo V7

Vivo Philippine presenting a cheque worth Php 100,000 for the rehabilitation and recovery of the soldiers From left to right: Erin Valera (host), Jason Dy (Vivo Endorser), KZ Tandingan (Vivo Endorser), Darren Espanto (Vivo Endorser), Lt. Sargent (AFP Medical Center rep.), Hazel Bascon (Vivo VP and Head of Sales) and Neri Choy (HR Director)

6

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

friday|december 22, 2017

Secret Garden – where Primavera cardholders dine

F

Story and Photos by MARK FRANCISCO

OR each P1,000 worth of yummylicious Korean food, you’ll get ten percent off. But that’s only exclusive for Primavera Perks Card holders.

So where should you avail the discount card?

The question is not actually where but how.

Because you can only get the Primavera Perks Card for free by owning a unit at either Primavera Residences or the currently constructing

Primavera City, all located in uptown Cagayan de Oro. There are a lot of Korean restaurants in Cagayan de Oro but Secret Garden boasts of a complete array of authentic Korean dishes – from kimchi to pickled vegetables and spiced tofu.

Located along Masterson Avenue, this laid back hideout is just one of the many partners for Primavera Perks Cards.

Cardholders will get

P100 to P200 off per night if coursed through Damiani. Get five percent discount from regular price items for a minimum purchase of P500 and above in participating food tenants at SM City Cagayan de Oro. Get special freebies when you dine at Barkadahan Grill.

Get special freebies when you dine at Shield Diner.

Get ten percent discount from regular price items at Bad Burgers. Get three percent discount from regular price items for a minimum purchase of P500 and above at

Michelle Bakeshop. Get ten percent discount from regular price items for a minimum purchase of P150 for coffee-based

products at Bikes N Barrels. Get five percent discount on regular price at Luna Ristoranti.

And the list of

partners is growing. So get the perks that work exclusively for you. Be part of the Primavera Perks Card community.

Role of a Teacher in Education Maria Lourdes P. Soquillo Teacher I MOGCHS

The role of a teacher is not merely standing in front of the class teaching and lecturing the student. Teachers’ role is more a devotion than a very tiring job. In fact, teacher is spending most of his/her time in the classroom/ school and still can do home visitation and can be outside school to reach out for students who are in danger of losing the chance to finish . An effective teacher understands that teaching involves multiple hats to ensure that the school day runs smoothly and all students receive a quality education.

What are the roles of a teacher then? First, A teacher is a good Planner, before the teacher enters into the classroom he/she must be ready for the class. Prepare the lesson plan, think of best practices and strategies for effective teaching, collaborate with other teachers to gain new ideas for teaching, planning grade level instruction and combining subjects to enhance the learning experience. Most especially, ready and equipped with all the knowledge and skills to be given and to satisfy the need of the students. Second,

teachers must be good facilitators of learning, providing students with the information and tools they need to master a subject. Third, a teacher should be a great leader in the classroom and in school, earning the respect of students and setting the good example.

Other Professional duties of a teacher throughout the school day and over the year are: chaperones at school functions and coaches of school sports, monitors at lunch and recess and serve as fundraisers for field trips and school supplies, designer, making sure their classrooms are set up to support learning and act as artists when they update their bulletin boards and other displays.

The teacher plays also the role of a nurse if someone gets unwell in the class. Sometimes teachers become the carpenter in the class if something needs to be repaired immediately. If the classrooms are not cleaned well by the students the teacher automatically becomes the janitor to clean up the mess of the students. A teacher plays also the role of guidance counselor if somebody

needed to be counseled and prefect of discipline to reprimand the intolerable behavior of the learners.

Sometimes, teacher becomes the guard to ensure everybody wore the complete uniform; boys had their proper haircut and more.

These are only few example of teachers’ role in education. True enough that teaching is a vocation or a calling, a call from God that needs a respond from a person who is willing to serve Him through teaching the students with dedication, passion and commitment. Teaching profession is a very challenging, very difficult, and a crucial opportunity to serve people, but a very fulfilling one, especially seeing your students reaching their goal and dreams in life.

In conclusion, a teacher is just a human being willing to learn, to teach, prosper, and to love again and again until the last breath.

“Therefore, brothers, be all the more diligent to make your calling and election sure, for if you practice these qualities you will never fall.”

(2 Peter 1:10)

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

friday|december 22, 2017

7

CorporateWorld

Hirna taxi-hailing application launched in Davao

By CARMELITO Q. FRANCISCO, Correspondent

D

AVAO City — Hirna, a new taxi-hailing application similar to that of Grab and Uber, was launched in Davao City Tuesday, Dec. 19, as part of a comprehensive transportation master plan that will be developed by the city government and the Department of Transportation (DoTr).

Hirna, which is a play on the phrase “here now,” is a collaboration between Avis Global and Avis Philippines for the infrastructure backbone, Globe Telecom, Inc. as network partner, and the Metro Davao Taxi Operators Association (MDTOA).

“Hirna is a musthave app for those who regularly ride cabs in the city,” Avis Philippines President and Chief Executive Officer Francisco Mauricio said.

“We will deliver premium passenger service with no turn-downs, booking fees or price surges,” he added.

Mr. Mauricio said Hirna will also set up a 24/7 telephone hot line for those who do not have or unable to use the smartphone app as well as serve as a general customer service facility.

“This is a homegrown service so it embodies and champions unique Dabawenyo values that guarantees string support

from the local passengers,” MDTOA President Rogelio C. Largo said.

Mr. Largo said local taxi operators have realized the need to keep up with the times and make services more efficient by coming up with a common hailing app.

The Hirna group is eyeing a nationwide expansion a few months after its launch in Davao.

Meanwhile, the Davao City government and the DoTr signed a memorandum of understanding for the formulation and implementation of a transport plan that will alleviate the growing traffic congestion in the city.

The plan would include

mass transportation, alternative transport, and more efficient and innovative solutions.

Mayor Sara Duterte-

Mathematics worksheets provide a handy place for students to summarize the critical information.

It make use of it during parts of two classes: first reviewing and introducing the different rules, then developing the material on error bounds. Those who performed good in the

worksheets are also doing good in their achievements.

Worksheets provided an excellent means of teaching mathematical concepts that are somewhat algorithmic.

There is a positive effect as to the achievement of students as manifested in their performance in the quarter exams.

These remediation materials encourage students to talk through the material until they reach a good understanding of it. Explicitly discussing the worksheets and why particular questions are asked helps students reflect on w hat is imp or t ant.

Fol l ow - up d i s c u ss i ons drawing similar information from students on subsequent sections reinforce lessons

taxi industry “relevant and efficient.”

“We do not want more alternative modes of hirna/PAGE 9

Toyota expects 10% sales decline in 2018 MARKET leader Toyota Motor Philippines Corp. (TMP) expects a significant 5-10 percent decline in sales next year because of the dampening effect of the higher motor vehicle excise tax, which is also making it harder for the company to hit the required production volume of the CARS Program.

Satoru Suzuki, TMP President, admitted to reporters at the Christmas party the company held for the press, that the

Improving Students’ Achievement Jerrylyn L. Toylo Teacher I MOGCHS

Carpio, in August, encouraged the city’s taxi operators to launch a single app and an official complaint site to keep the

on how to glean knowledge f rom t h e i r t e x t b o o k s .

Wo r k s h e e t s d e v e l o p students’ skill in connecting new material to previouslycovered material. Making connections can be achieved by asking students to review, and possibly rephrase, previously-covered material at t h e b e g i n n i ng of a worksheet, and then to use this material to investigate new ideas.

reduction in sales next year could range between 5-10 percent over 2017’s total sales. To date, TMP sales already hit 166,601 units or 15.3 percent higher than 144,488 in 2016.

Total company sales are expected to reach 180,000 units, boosted by brisk sales of the industry’s best selling sedan Vios, which sold 34,338 units already.

But 2018 would be a different story with the implementation of the higher automotive taxes: 4% for up to P600,000; 10% for over P600,000 to P1 million; 20% for over P1 million up to P4 million; and 50% for over P4-million Suzuki said the industry will be hit by a “negative starting point” in 2018.

President Duterte has signed the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) into law, which is expected to generate P130 billion in revenues. The law is seen to take effect early January, next year,

has slapped higher fourtiered tax rates on motor vehicles depending on the value of the vehicle.

Aside from the impact on its overall sales, the higher excise tax will also make the all-new Vios, which is its entry model in the Comprehensive Automotive Resurgence Strategy (CARS) Program, more expensive. The old model is selling at R600,000 per unit net manufacturer’s price.

VIOS will be subjected to a higher 10 percent excise tax under the new rate from the current 2 percent.

But Suzuki said the company is still studying how much would be the actual retail price of VIOS under the new excise tax rate.

TMP, which accounts for 44.39 percent market share as of November this year, will also start producing the all new VIOS by middle next year with expected total production of 30,000 to 35,000 units of which toyota/PAGE 9

8

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

friday|december 22, 2017

Representatives of Dear Manok (Main) receive their place of recognition during Monday’s flag raising at City Hall (CIO, Nic Anches)

Representatives of Bucket O’Shrimps receive their place of recognition during Monday’s flag raising at City Hall (CIO, Nic Anches)

According to Food & Sanitation Standards

CHO names Five Best Restaurants in Cagayan de Oro

T

he City Health Office has named five restaurants as “Best Restaurants of Cagayan de Oro City ” this year in recognition of their strict adherence to food and sanitation standards.

CSWD Officer Teddy Sabuga-a, who represented Mayor Oscar Moreno, and Asst. City Health

Officer Dr. Rachel Dilla conferred the awards to Bucket O’ Shrimp, Candy’s Place, Dear Manok, Countr y Village Hotel Restaurant and Cusina Higala during flag raising at City Hall on December 18, 2017.

The recognition is an offshoot of the City Health Office’s inspection started last October that all

restaurants in Cagayan de Oro City would undergo inspection for cleanliness, safety, compliance with city health cards for each employee, appointment of a food safety officer, potable water certificate and the like, Following the inspections, the CHO named the five top restaurants

who excelled in all categories to encourage compliance with city health regulations and standards for restuaurants in line with the city administration’s continuing drive to promote tourism, and a healthy and safe environment for patrons. (IAF/photos

by Nic Anches)

Jan Uy receives Cucina Higala’s plaque of recognition from Mayor Oscar Moreno.

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

friday|december 22, 2017

Tagum recognized for winning war vs malnutrition

PASAY CITY—The City of Tagum adds another feather on its cap as it bagged the highly-coveted CROWN (Consistent Regional Outstanding Winner in Nutrition) Award during the 2017 National Nutrition Awarding Ceremony, proving that Tagum City is winning its war against hunger and malnutrition.

Awarded by the National Nutrition Council, the said ceremony was held at the Philippine International Convention Center where Tagum received a trophy and 500,000 pesos cash prize.

CROWN is a national award given to local government units consistently awarded for their outstanding nutritional programs for three consecutive years.

Mayor Allan L. Rellon led in receiving the award with the City Nutrition Action Officer Jan Dmitri Sator and the rest of the City Nutrition Members, City Councilor Ronald Eliot and Brgy. Captain Renante Robles. The award is a proof of the excellent implementation of nutritional programs of the city.

Mayor Rellon emphasizes the positive outcome in investing on human capital most especially on children for they will be the future of our world. He also said in his speech that

(L-R) ASEC Maria-Bernardita Flores of the Department of Health; Chief of Staff Atty. Muhammad Fyzee Ali of the Department of Agriculture; Undersecretary Austere Panadero of Department of the Interior and Local Government; ASEC Maria Francia Laxaman of the Department Health; City Mayor Allan L. Rellon who recieved the award; Tagum City Councilor Jan Dmitri Sator and Ronald Eliot pose for a photo opportunity in the recently concluded National Nutrition Awarding Ceremony held at the Philippine International Convention Center today, December 12. E dwin L asquite /CIO Tagum

the award is a symbol of responsibility and inspiration as well to outdo the performance of the existing city’s exemplary nutritional programs.

“It is therefore right to say that this award is not only for the city government but also to all individuals who made this tagumpay a resounding success.” The local chief executive then thanked the people behind this joyous success. “This award goes to all the barangay officials, to our frontline employees at the City Health Office, the barangay health workers, the Child Development Teachers and the parents who have developed an ecosystem of cooperation that made a difference

Student’s Reporting a Need in TeachingLearning Process Jennybeth S. Tuba Teacher I MOGCHS

Student’s Reporting is needed in order for parents to know the sttaus of their children. Parents or guardian of the student will be informed of the problems that the student had. It could be the subject being taught, the learning environment with the peer group of students or towards the teachers handling the subjects.

Students w ho have irregular attendance need follow-up by the parents. Those manifest that the student is not in school and some of them have been involve in computer addiction.

Home Visitation programs will help and it has positive effects when targeted to those students who have irregular attendance., in the following up of students who are always absent, students will be reminded of attending their classes

9

in order to cope up with the backlogs during the time when he is absent.

The recording of students attendance is a must to all teachers either adviser or non-adviser. It a duty that must be done in order to ready the information needed for home visitation.

In case the parents will visit the teacher or adviser in school to follow up the students’ performance, it will support the students’ performance in school.

Parent or guardian will be justified that the students was not attending classes because of some reasons which will be known to them immediately. It is a duty of teachers to report students’ progress not only to those Students at risk of dropping–out but also to those who are performing well in order to reinforce their learning by motivating more.

and afforded us with this prestigious award we received today.”

It can be recalled that the city received a Green Banner award on regional level last October 26. As promised, the city is devising new and improved nutritional

programs for next year in line with the campaign of the National Council for Nutrition in what they call Philippine Plan of Action for Nutrition (PPAN) that will be implemented starting this year until 2022. (Ziyarah Manalo/ CIO Tagum)

Hirna...

Toyota...

transport in the streets because this would mean more vehicles on the streets and create further congestion,” Ms. DuterteCarpio said.

“If they (taxis) become problematic then this will pave the way for the entry of other forms of transportation and will only add volume of vehicles on the street,” she added.

The Hirna app would include complete driver details and rating, the Land Transportation Franchising and Regulatory Board hot line, and Hirna’s 24/7 Hirna customer service hot line.

FARE HIKE Meanwhile, the Land Transportation Franchising a n d R e g u l at or y B o a rd (LTFRB) has approved the petition for a taxi fare increase in Davao City. “ We a r e e x p e c t i n g to i mpl e me nt t he f are adjustment immediately after the recalibration of meters,” said LTFRB Chair Martin G. Delgra III who was in the city Tuesday for the launching of the Hirna hailing app.

Under the adjustment, the flagdown rate would still be P40, but the per kilometer fee would increase to P13.50 from the current P11.66. The fee for every two-minute waiting time when the taxi is not moving, currently at P3.50, would also be changed to P2 per minute.

The rate adjustment, however, would be granted only to taxi units that have a hailing app installed.

Mr. Delgra said the app has been made a requirement to ensure that all cabs in the city are linked to the customer complaint system.

20,000 will be the all-new VIOS model to be able to hit the minimum required production volume of 200,000 units over a six-year period although Suzuki said that they originally challenged themselves to produce 230,000 units.

With the TRAIN, Suzuki admitted of difficulty hitting the 230,000 target and will make it a challenge to achieve the minimum requirement of 200,000 units.

“We are not giving up, but achieving the challenge is harder now,” said Suzuki. It is also unrealistic to expect the government to give CARS participants new incentives given the pressing need to raise more taxes for the P8.3 trillion “Build, Build, Build” program.

The CARS Program grants $200 million in tax incentives to each participant, but Suzuki lamented the fact that the incentives could only offset the higher taxes under the TRAIN. His second disappointment was that the midrange or lower priced cars would end up with higher prices than the luxury cars.

Suzuki, however, said they will implement some counter marketing measures to support sales. These include product enhancement and financing support and financial services.

TMP, which occupies leadership position in 6 out of 8 segments, is also expected to launch new models next year to boost its product line-up. The company took the chance to also launch the new Yaris model at yesterday’s Christmas party for the press.

Sales may recover by 2019 yet because car buyers have front-loaded their purchases in late 2017 to avoid the higher prices in 2018, he said.

“So we have some negative starting point, but in 2019 we will have growth similar to the past years,” he added.

from page 7

from page 7

0935 161 3398

856-3344 / 74-53-80

BusinessWeek MINDANAO CREDIBLE

www.businessweekmindanao.com

RELIABLE

Feature

IN-DEPTH

Friday | December 22, 2017

10

11

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

friday|december 22, 2017

Fund... from page 1

Bangsamoro Development Agenc y (BDA), t he development arm of the Moro Islamic Liberation Front, to deliver its own programs.

The on-going first phase of the program is focused on capacity-building and technical assistance, including learning-by-doing activities in conflict-affected barangays through the implementation of community and local subprojects.

The second phase involves a scaled-up implementation of the rebuilding program and continued provision of technical assistance, and capacity building.

As of September 2016, half a million people in 225 villages have benefited from 379 completed sub-projects under the MTF, according to World Bank data.

Loan... from page 1

Kitaotao Mayor Lorenzo Gawilan Jr, Vice Mayor Edwin Abucayan and LBP assistant vice president Jose Enedicto G. Faune signed the loan agreement morning on December 18 at the town hall.

Gawilan cited that it is part of their effort to boost local tourism by investing in innovations in anticipation of the planned construction of an airport in nearby Don Carlos town.

In a press conference after the signing, the projects to be financed by the loan include the Sangguniang Bayan building (P30M), public market (P40M), water system (P10M), bus terminal (P25M) and the perimeter (P10M).

The SB at present is housed at the Municipal Tourism Building.

The remaining amount will be used to build a food court, new fish landing, slaughter house, parking area, among others.

The structures will be built via a design-and-build scheme with the winning contractor.

Angit told this reporter via telephone on December 20 that all the projects will be constructed in the 4.2-hectare property of the local government along the highway in Purok 3, Poblacion. The project site was acquired during the administration of the late Mayor Gumahin in 1995.

He clarified that the agreement approved the allotment of the amount, but the local government i s ye t to c omply w it h documentary requirements including a certification from the Department of Interior and Local Government on net financial borrowing capacity and clearance from the Department of Finance.

He could not specify the monthly amortization for the loan but he cited that for the first year of payment, the municipal government will pay around P14 million, to decrease in the following years.

He said they have a two-

year grace period before they start paying the loan’s principal.

This is the fourth loan transaction of the first-class LGU with LBP since 1998. But Angit said that so far this is the biggest as the previous projects amounted to P14 million only to buy heavy equipment.

Kitaotao has an internal revenue allotment of P211 million in 2017, he said.

He added that the town will pay from the 20-percent local development fund of its budget, which he said is allowed under Republic Act 7160 or the Local Government Code.

The loan belongs to the Omnibus Term Loan Facility of LBP, which funds LGU projects within the annual investment program, implementable within three years.

As ke d ab out pu bl i c consultation, Angit said it took a year for the proposal to push ahead from the committee hearing to the plenary of the Sangguniang Bayan.

Officials said the schedule of ground breaking rites will be announced soon.

Traffic... from page 1

7,500 public utility jeepneys.

“Kung walang balakid (If there’s no obstacle), we will see the buses running by 2021,” he said.

He added they plan to limit the number of operators to only three to six, including foreign players.

The operators will be known after the Department of Transportation (DOTr) completes its assessment of the proposal the city submitted three weeks ago.

Cortes said the DOTr asked for another two weeks to finish the review of the proposal containing the results of the workshops initiated by the city government on the project.

The proposal included the reconfiguration of existing intersections, acquisition of road right of way, construction of intermodal bus systems, and the social component of the project for the would-be displaced jeepney drivers., he said “On the part of the city government, those who participate in the workshops, we don’t want them to be disadvantaged further. We want to provide opportunity to be part of new system either as investor or as an employee.

The social component is the bloodiest part,” he said.

He said the DOTr is the proponent of the HPBS project that will be funded using with a loan from the Asian Development Bank.

C or tes said the city government is doing all it can to start the initial phase of the project like the retrofitting of the intersections and construction of intermodal bus systems within the threeyear term of Mayor Sara Duterte that will end in 2019.

The official said the stations and reconfiguration of some intersections will make it suitable for the buses.

He said the HPBS is seen to address traffic congestion in the city, as an efficient public transport system will encourage owners of the private vehicles to ride the buses.

“The very reason why we have a lot of private cars plying the city is they do not want to experience the inconvenience of riding the jeepney,” he said.

“We need a mass transport system. If you have a very effective public transport system, you will use the system instead of driving their own car, because it will cost them less,” he added.

DOLE... from page 2

The P250,000 from the said assistance is intended for the FWA’s proposed grocery store. Meanwhile, the remaining amount is for the proposed rice trading business of Gata United Women’s Association.

Jimenez Mayor Rosario K. Balais assured the beneficiaries to make them the official supplier of goods in all of the local government unit (LGU’s) events. Both proposed businesses will be situated at the public market of the municipality.

Balais further expressed her g rat itude to D OLE MisOcc. for granting 90 of her constituents the chance to be employed and good providers to their families, community members, and the economy as a whole.

As their [beneficiaries’] motivation, Rodrigo cited various successful businesses in the province which started with just a meager capital. He further reminded the recipients to implement the livelihood proj e c t b as e d on t he i r approved proposal.

Erlinda A. Quilo, one of the 25 beneficiaries of the grocery store project, h e ar t i l y e x pre s s e d h e r g rat itude for t he g rant they have received, “Among paningkamutan nga kani mo lambo dili lang para s a among kauga lingon, para na pod sa mga anak namo ug sa sumusunod pa nga mga henerasyon.”

(We will do our best for this business to succeed not only for ourselves but also for our children and the next generations to come.)

Quilo used to be a homestay partner, selling pancakes to help her husband defray their day-to-day expenses, especially the educational needs of their children.

According to her, now that they were granted with the grocery store project, this will not only help their f am i ly g ai n a d d it i on a l income but also give her access to raw ingredients for her pancakes at a much lesser cost.

Anot he r b e ne f ici ar y also thanked DOLE 10 and wished for the department to continue being an instrument in helping those who belong in the marginal sector secure a sustainable liveliho o d. ( Jo-anne D. Vi l la/D OLE-X Mis amis Occidental PFO)

Hurst... from page 4

poor in real wealth. That’s because unless you have this one main thing, your life will be neither successful nor satisfying. So what is the main thing? It is peace with your Maker. And you can only get it from having a personal relationship with Him where He’s in charge of every area of your life every day. Only then can you have real peace of mind and success that lasts. But it can start happening right now! All you have to do is ask Jesus to forgive you for living your own way. Then ask Him to help you keep the main thing the main thing: live His way every day for the rest of your life. Just Think a Minute…

Hotline... from page 4

at least 36 hours. Winds of 30 kph to 60 kph should be expected, although it is unlikely that they will cause significant damage. As a precaution, classes in all public and private pre-schools are automatically suspended.

Public Storm No. 2: The second warning signal is raised in areas that will experience winds of 60 kph to 100 kph within at least 24 hours. Light to moderate damage is expected. Some trees may be uprooted and roofs blown away. People traveling by air and sea are cautioned, and disaster preparedness agencies should be alerting their respective communities. Classes from pre-school to high school are suspended.

Public Storm No. 3: When the third warning signal is raised, people are advised to seek shelter inside strong buildings, evacuate low-lying areas, and stay away from coasts and riverbanks as moderate to heavy damage is expected. Winds of 100 kph to 185 kph are expected within at least 18 hours. The winds could topple trees and destroy crops and houses made of light materials. Widespread disruption of electrical power and communication services is also expected. Classes at all levels are automatically suspended.

Public Storm No. 4: The fourth storm warning signal indicates that a very intense typhoon with winds of more than 185 kph may be expected within at least 12 hours. The typhoon is potentially very destructive. Large trees are expected to be uprooted and residential and institutional buildings could be severely damaged. Travels and outdoor activities should be cancelled.

Public Storm No. 5: This recently added storm warning signal is raised when a super typhoon will affect an area.

Ver y powerful winds of more than 220 kph may be expected in at least 12 hours.

This typhoon is “extremely destructive or catastrophic” to the community as almost total damage to structures is expected. Most residential and institutional buildings may be severely damaged, and only a few crops and

trees will be left standing.

Evacuation to safer shelters should be completed early as it may already be too late if it hasn’t begun.

Pagasa had also released color-coded rainfall or storm surge advisory system. Yellow Rainfall Advisory: Citizens should expect flooding in low-lying areas as 7.5-15 mm of rainfall (8 liters per square meter/hour) is expected within one hour and is likely to continue in the next two hours. There is also a possibility of a storm surge of .5-1 meter high. Everyone is advised to monitor the weather condition because the rainfall warning could be raised.

Orange Rainfall Advisory: Intense rains of 15-30 mm (15-30 liters per square meter/ hour) are expected within one hour and flooding is considered a definite threat in communities under this alert. Rainfall is expected to continue in the next two hours and storm surges 1 meter to 3 meters high are expected.

Red Rainfall Advisory: This rainfall advisory is issued when downpours constitute an emergency. It is raised when the torrential rainfall is more than 30 mm within one hour or if it has continued for the past three hours and has risen to more than 65 mm (30 liters per square meter/ hour). Storm surges over 3 meters high are expected and will most likely cause severe damage to coastal and marine infrastructure.

Serious flooding is expected in low lying areas and evacuation to designated safe zones is recommended. (ruffy44_ph2000@yahoo. com)

Batas...

from page 4 from believers and which were carried out by them through regal celebrations.

These are the Feasts of the Passover, Unleavened Bread, and Firstfruits, Feast of the Weeks (Pentecost), Feast of Trumpets, Day of Atonement, and Feast of B o oths (Tab er nacles or Ingathering).

We do not have the time and space in this column today to discuss each and ever y one of these feasts, but my intention in listing them down here is to show to a l l t hat celebrat ions and commemorations of any t h i ng re l at e d t o, or intertwined with, the goodness and graciousness of God, whose Name is Jesus, is not just a tradition or a habit, but is a Biblical command t hat must b e complied with.

That is true, even with, or more s o i n t he c as e of, Christmas. To those who believe that God Himself whose Name is Jesus was the One w ho came to earth in the form of man, w it h f lesh and blood, and accepted the p u n i s h m e n t f o r m a n’s sinfulness, we should celebrate Christmas, because there is great joy in God’s salvation for us.

-ooo-

WAT C H ANG TA N G I N G DA A N ” AT FA C E B O O K : “A n g Tanging Daan” is a Bible exposition and prayer session for ever yone, in English and Filipino, 24/7, worldwide, t hat can b e viewed at www.facebook. com/angtangingdaan.

Please see the video section. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058.

Email:batasmauricio@ yahoo.com

Cimagala... from page 4

possible!

Every day, we have to find opportunities to practice and grow in this virtue of generosity, always aware that Christ is always with us and is showing us the way and how to behave and react to any situation we find ourselves in.

So when we find ourselves in some difficulties or are hounded by temptations, let’s never delay in going immediately to him to ask for help and guidance. roycimagala@gmail.com EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND Notice is hereby given that the intestate of RUSTOM C. OBSIOMA & ZITA MAGALLANES, who died on July 13, 2013 and April 30, 2011 in Igpit Opol, Misamis Oriental.

That the said deceased, at the time of their death, left a Parcel of Land situated in Lunocan, manolo Fortich Bukidnon; TCT No. T-52373; Lot 9986D-3, containing an area TWO HUNDRED SEVENTYSEVEN (277) SQ. M. MORE OR LESS; RUSTOM C. OBSIOMA & ZITA MAGALLANES is the subject of EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND; is made and entered among; VERLA OBSIOMA VILLANUEVA (married), LEONITA OBSIOMA TAGURMACON (married), ELDIE OBSIOMA GOLOSINO (married), AQUILINA P. OBSIOMA (married), NORY OBSIOMA SACUSO (married), and ADELINA OBSIOMA NAGAC (married), all of legal age, Filipino citizens, all married, with residence and postal address at Zone 1, Igpit Opol, Misamis Oriental, hereinafter referred to as the HEIRS/SELLERS/ VENDORS; RODANI G. UMASAS, likewise of legal age, Filipino citizen, single, with residence and postal address at #272 Bonbon Opol, Misamis Oriental Oriental, hereinafter referred to as the BUYER/VENDEE; That for and in consideration of the sum of THREE HUNDRED THOUSAND PESOS ONLY (Php 300,000.00) Philippine Currency, receipt of said amount is paid amount is hereby acknowledge by the SELLER/ VENDOR after the amount is paid in hand by the BUYER/S or VENDEE/S the SELLER/S or VENDER/S hereby SELL, CEDE, TRANSFER and CONVEY the above-described properties containing an area of TWO HUNDRED SEVENTY SEVEN (277) SQUARE METERS, more or less in favor of the BUYER OR VENDEE his/her heirs, assigns or successors-in-interest, free from any liens and encumbrances, free from any third-party claimant whomsoever and the same is nontenanted. Under Notary Public of Atty. Emelito J. Marquino; Doc. No. 438; Page No. 87; Book No. XIV; Series of 2017.

BWM: Dec. 15, 22 & 29, 2017

12

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

friday|december 22, 2017