BusinessWeek Mindanao (December 8, 2017)

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School repair COTABATO City — The education department of the Autonomous Region in Muslim Mindanao (ARMM) is eyeing the immediate repair of seven damaged public schools in Marawi City.

The repair, along with the rehabilitation of 54 other schools across the province of Lanao del Sur, is estimated to cost over P34million, said Alfhadar Pajiji, Department of Education– ARMM assistant secretary.

Post-conflict assessment conducted by DepED-ARMM identified the seven schools in Marawi as the Matampay Elementary School; Tampilong Elementary School; Datu Saber Elementary School; Basak Elementary School; Amai Pakpak Central Elementary School; Pandi Elementary School; and the Marawi City National High School.

Shipbuilding THE Department of Trade and Industry (DTI) is studying Mindanao as a third location for shipbuilding, apart from Subic and Cebu, to be supported with a program of incentives under the second phase of its Manufacturing Resurgence Program (MRP).

DTI Assistant Secretary for industry development and trade policy Rafaelita M. Aldaba told reporters that the department is currently drafting an incentives program for the shipbuilding industry to attract investors and boost local manufacturing, akin to the Comprehensive Automotive Resurgence Strategy Program for the auto industry.

“We are also preparing a support package which could build a maritime industrial heart in the country along with the promotion of the medium and small-sized vessels (which are roll-on, roll-off capable),” she said.

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Cagayan de Oro Lapasan Highway, Cagayan de Oro City

DoE gears for smart grid market on power sector D www.businessweekmindanao.com

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By ARMANDO FENEQUITO, JR. , PNA

AVAO CITY—The Department of Energy (DOE) is now gearing for smart grid market technology on the power sector in the country.

DOE Undersecretary Felix William Fuentebella said the smart grid will empower electricity consumers using the information communication technology gadgets.

“Smart grid will empower you as smartphone users to control your gadgets,” he said.

According to energy.gov, smart grid refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation.

“We cannot develop a well-informed power/PAGE 11

JUSTICE FOR ROTORAS. A student cadet runs past a huge tarp put up by students and officials of the University of Science and Technology of the Philippines in Cagayan de Oro City demanding swift justice for slain school president Ricardo Rotoras. mindanews photo by froilan gallardo

COWD welcomes entry of water consortium

By MARK FRANCISCO, Staff Writer

THE head of the Cagayan de Oro Water District (COWD) has assured the public that water distributor won’t oppose the entry of a newly-formed cooperative consortium’s desire to compete with the beleaguered governmentoperated utility and offer water services here.

COWD manager Rachel Beja yesterday said the law does not give them monopoly

of water provision in their service area and any entity could compete with them.

“That is their right and that will give Kagay-anons an option for a water service provider,” Beja said.

But Beja is confident that the COWD will still be the one patronized by the public, saying that “Cagayan de Oro consortium/PAGE 11

Australian traders eye investments in ARMM

By EDWIN FERNANDEZ, PNA

C O TA B AT O C i t y - Australian investors are keen to pour in capital in the Autonomous Region in Muslim Mindanao (ARMM) which officials said can be a “vote of confidence” amid the Marawi City crisis.

Lawyer Ishak Mastura, chair of the ARMM’s Regional Board of Investments (RBOIARMM), said the Australian business interest in the region came after RBOI joined in the recent Philippine Investment Mission and Roadshow to Australia led by the Board of Investments (BOI) –

Manila under its Philippine Investment Promotion Plan (PIPP).

T he PI PP s e r ve s as t h e B O I ’s i n v e s t m e n t prog r ammi ng pl at for m composed of all investment promotion agencies. The i nv e s t m e nt p r o m o t i o n agencies made a pitch to Australian investors in Sydney, Melbourne and Brisbane in the second week of August.

In his letter Mastura, Eduard Alcordo, president of the Australia Philippines traders/PAGE 11

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Economy 2 turns-over Over 500 traders expected DOLE-X P1M for livelihood at ARMM MSME summit projects in Camiguin C

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OTABATO City -- More than 500 entrepreneurs are expected to attend the Micro, Small and Medium Enterprises (MSMEs) Summit for the Autonomous Region in Muslim Mindanao (ARMM) aimed at tapping the private sector to sustain the development of industries in the region.

The summit, slated on Dec. 12 at the Shariff Kabunsuan Cultural Complex inside the ARMM compound here, is also eyed to promote the Halal industry with

government and private industrial partners.

“Currently, the only dominant force fueling the ARMM economy is government money so there is a need to partner with the private sector to raise additonal revenues through the thriving of various industries,” lawyer Anwar Malang, the region’s Department of Trade and Industry (DTI) secretary, told reporters here Tuesday.

DTI-ARMM records indicated that 70-80 percent of registered and unregistered businesses in the region belong to

the MSME category.

“If we want to be truly autonomous and in anticipation of the Bangsamoro government or embark on federalism, we have to make use of our greatest assets, the people and other resources, through the development of our private sector,” Malang stressed.

Early on, he said the DTI-ARMM had conducted a series of consultations to categorize the challenges facing the private sector, particularly those belonging to the MSMEs.

Several of the gaps identified were issues that can be immediately addressed like extending services and referrals by both government and non-government institutions; and those which need enabling polices elevated to the National Economic Development Authority and other line agencies.

On matters concerning the Halal industry, Malang said his office is organizing the Halal Chevon (Goat Meat) Stakeholders Workshop with theme summit/PAGE 11

GUINSILIBAN, Camiguin -- The Camiguin Provincial Field Office (Cam PFO) of the Department of Labor and Employment Region X (DOLE X) handed in the Kabuhayan Program financial grants amounting to P1,102,755 to the six organization beneficiaries of Cantaan Centennial Multi-Purpose Cooperative (CCMPC).

DOLE-Cam PFO Chief Emmanuel G. Toledo reported that the financial assistance was intended for the projects on motor parts (P250,000), agricultural business

(P200,000), backyard piggery livelihood (P130,000), deep sea fishing (P250,000), fish vending (P110,000), and amakan making and consumer store project (P162,755).

Lourdes D. Navida, one of the beneficiaries of the fish vending livelihood project said, “Salamat kaayo sa DOLE kay niabot na gyud and among hinabang sa gobyerno aron makatabang sa among panginabuhian (We are thankful for DOLE now that we have received the assistance from the livelihood/PAGE 11

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Department of Education (DepEd), Commission on Higher Education (CHED), Technical Education Skills and Development Authority (TESDA) and Department of Labor and Employment (DOLE) in the region gather in one episode of ‘Talakayan sa PIA’ on 5 December 2017 at Limketkai Luxe Hotel in Cagayan de Oro City to discuss about the changes in education sector in line with ASEAN integration. (PIA10)

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Ruffy magbanua “ We s h o u l d m a k e t h e Philippines a cashless society.

Cashless society (means) no corruption, life is easy.” – Jack Ma, Founder of Alibaba AS we come close to ending the year, it’s time to wrap up the good and discard the bad.

We have seen the best and worst in 2017. And all

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The big deadline think a minute

jhan tiafau hurst Think a minute…You might have heard of the Parkinson’s Law. It says that people will take as long as you give them to finish a job. So if you give someone a day to do something, then at the end of the day it will probably be done. But if you give them 3 days to do that same job, then they will usually take all 3 days to do it. You see, most of us will take all the time we’re given to do something and won’t finish it until we’re forced to— whether it’s a school paper or letter we need to write, paying our bills and taxes, or cutting the grass. We often put off doing things until the last minute, until our deadline! Then we relax again for awhile until our next deadline.

It’s hard for some of us to understand people who

work and plan many years ahead. A famous French leader asked his gardener to plant a tree, but the gardener didn’t want to because he said that kind of tree takes almost 100 years to grow big to full maturity. So the French leader said to the gardener: “Then there’s no time to lose. Plant it right now!”

The fact is that if we didn’t have deadlines, most of us wouldn’t get much done in life. Deadlines force us to do something before it’s too late and we pay a painful price by suffering the consequences. But think about it, what is the biggest deadline you will ever face?

Isn’t it your death? Whether you’re ready or not. The problem is that none of us knows for sure when it’s coming. We might live another 40 years, or we might just have 2-3 weeks to live. So the only way to live with real peace and happiness is to know for sure that you’re ready to die today. But how can you be ready to die every day?

Jesus Christ said the only way is if you know that you’re living every day in a right relationship with your Maker whom you must face at the deadline/PAGE 9

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Pregnant optimism

these things had brought out the best in us as a nation struggling to catch up with the rest of the ASEAN economies.

What is re-assur ing however is that even the worst phase in our lives can change into the most amazing one with great optimism.

What is good news is that the saturation point is not yet felt (not yet, literally!) when it comes to the war on drugs, the anti-corruption drive in the bureaucracy, terrorism in our midst, not counting the burning issues on politics that come day after day without let up.

With 2017 about to close, do we still have that feel of being pregnant optimists as we usher in the new year?

Optimism they say, are

positive characteristics that increase our overall happiness and promote positive wellbeing at the same reducing depression and chronic stress.

The list of traits of an optimist could be a good read: They think about, reflect on, and emphasize the good things in life. Optimists are grateful and thankful for all their blessings.

They don’t complain when something bad happens. They feel that nothing can hold them back from achieving success and reaching their go a ls. The y b elie ve in abundance, and optimists are confident that the world offers plenty of opportunities for everyone to succeed.

Optimism therefore is a skill of emotional intelligence.

Po s i t i v e t h o u g h t s , a n

optimistic outlook, and ov e r a l l h ap p i n e s s c a n advance our struggle to become a nation of peace and prosperity.

As we count the remaining days of 2017 , what optimisms can we, as Filipinos look forward in 2018?

A noted economist had painted good reasons to be optimistic based on the significant positive gains registered by the national economy during the first of Duterte’s administration.

Can we continue on doing it in 2018? We had an awful stuff that happened over the last 12 months, the worst was the war in Marawi, but we had managed to stay alive and well, kicking our dirty ass. optimism/PAGE 9

For Bebot: why not just outlaw marriages in RP? Kakampi mo ang batas

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Batas Mauricio LIFE’S INSPIRATIONS: “… Jesus replied… ‘For t his re as on a man w i l l leave his father and mother and be united to his wife, and the two will become one flesh.’ So they are no longer two, but one flesh.

Therefore what God has joined together, let no one separate’….” (Mark 10:7-9, the Holy Bible).

-ooo F O R B E B O T: W H Y N O T J U S T O U T L AW MARRIAGES IN RP? If the objective of House Speaker Pantaleon Alvarez Jr. in his

proposed law seeking to speed up the annulment of marriages in the Philippines is to allegedly help people who are having problems with their spouses, I think I have a better suggestion for him and his allies in the Duterte government.

Why don’t t he y just simply remove or outlaw the institution of marriage among Filipinos through a law that would officially and formally permit the living together of a man and a woman even if they were not legally married in a church, or by a mayor, or by a judge?

T h a t w a y, S p e a k e r Alvarez, there wouldn’t be any need anymore for anyone to file a case for an nu l m e nt , an d s p e n d precious pesos for lawyers, just to set aside their marriages. For as long as the unmarried husband and the wife would agree to separate, there would no longer be any stumbling

block to their separation, since they were not married in the first place.

-ooo WHAT DOES MARITAL SEPARATION MEAN FOR THE FAMILY? What is more, if Alvarez and his cohorts who seem to be ag ai nst t he s anc t it y of marriage in the Philippines would b e able to come up with a law that would legally permit men and women enamored with one another to simply enter into live-in relationships, why, that would even solve the long festering problem of illegitimate children, or the “bastardos” or “bastardas” in the vernacular.

If there is no longer any requirement for a man and woman to marry, all of their offspring would now become legally legitimate.

Each and every child would already be vested with equal rights, with the capacity to use the surnames of their fathers, if they are

so minded, no longer needing to file any prior judicial action to compel recognition.

But, what would this kind of a system where there are no more marriages, or where annulments have become easier to secure, mean for the Filipino family? Would this not push all the more the destruction not only of the Filipino family but of the entire Filipino race as well, on account of the easier way by which our countrymen can turn their back on their duties and responsibilities as married men and women?

-ooo THE DEVIL IS THE ARCHITECH OF MARITAL SEPARATION: As I see it, the need to annul a marriage arises if the couple fails or refuses to uphold their bounden duties towards one another, towards their children, and towards the Filipino society as a whole. outlaw/PAGE 9

Advent, a period of love-filled waiting hints and traces

roy cimagala Yes, that’s what the liturgical season of Advent is. It’s a period of a love-filled waiting not only for the most joyous Christmas, the birth of Christ, but also and most especially of thesecond coming of Christ.

We n e e d t o l o o k for ward to that coming when Christ gathers us as His people at the end of time, incorporating us into His myst ica l b o dy and bringing us to where we truly belong-in heaven where we, individually and

collectively, will enter into a definitive communion with God, a communion of love in mind and heart.

Christ’s second coming is when we finally complete our earthly sojourn which is meant to be a time of testing, a time of making a choice either to be with God or simply to be by ourselves.

That is when we finally w o u l d b e c o m e “a l t e r Christus,”another Christ, who is the pattern and redeemer of our humanity.

That is when we finally b ecome the tr ue image and likeness of God as God Himself wanted us to be.

That is when we organically for m t o g e t h e r w it h t h e others the definitive family and people of God with Christ as the head.

We have to be welcoming to Christ in his second coming,ever watchful and ready to receive Him when He finally comes.

Our watchfulness and

readiness should not be s p e nt by s i mply d oi ng nothing. Rather it should b e a w at c h f u l n e s s an d readiness that is full of love that is expressed in deeds, in the faithful fulfillment of our duties.

T h e prop e r att itu d e and sentiment during this season ofAdvent is somehow described in one the Eucharistic prefaces o f A d v e n t .” W h e n h e comes again in glory and majesty, and all is at last mademanifest,’ it says, “we who watch for that day may inherit the great promise in which now we dare to hope.”

We have to learn to live with the hope of attaining our final end, fully united and identified with Christ.

And so, we have to learn also how to relate the things that we are doing at any given moment to heaven.

Again, a prayer in one of the Advent Masses expresses the same sentiment. “O

Lord,” it says, “as we walk amid passing things,teach us by them to love the things of heaven and hold fast to what endures.”

We have to help everyone t o ap p r e c i at e t h e r e a l s i g n i f i c anc e of Adve nt and to live by that spirit.

For those who can,let us u n d e r t a ke an e f fe c t ive catechesis. We need to see to it that Advent is not just a time for merry-making and gift-giving. These are the peripherals that should not detract from the central and crucial character of Advent.

L i ke St. Pau l, let us preach constantly, in season and out of season, when p eople are receptive to our preaching or hostile.

Of course, we need to do this with gift of tongues, knowing how topresent the same truth to different people with different attitudes.

May our preaching and advent/PAGE 9

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Banking&Finance

Gov’t allots P1-B microloan for MSMEs in 2018

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HE Duterte administration has allocated P1 billion for next year’s Pondo sa Pagbabago at Pag-asenso, or P3 microloan program for micro, small, and medium enterprises (MSMEs).

In a statement Thursday, DTI Undersecretary Zenaida Maglaya said President Rodrigo Duterte kept his promise to provide affordable microfinancing program for small-scale businesses for them to avoid

borrowing money and capital from loan sharks.

The fund will come from the Office of the President, which will be coursed to DTI’s financing arm Small Business (SB) Corp.

The SB Corp. partners with non-bank microfinance institutions (MFIs), cooperatives, and associations to serve as conduits.

The P3 was launched January 2017 to give better financial

Domestic trade volume up double digit in Q3 ‘17 QUANTITY of goods traded in the domestic market in July to September period has increased by double digit this year compared to the same period in 2016.

Philippine Statistics Authority (PSA) data released Thursday showed that volume of domestic trade in third quarter of the year grew 18.9 percent to 4.86 million tons from 4.09 million tons in Q3 last year.

Food and live animals were the most traded commodities in Q3 2017 sharing 1.16 million tons or 23.9 percent of the total domestic trade in the previous quarter.

On the other hand, total value of flow of goods

cmyk

in Q3 2017 also went up by 3.3 percent to P154 billion from P149.1 billion in Q3 2016.

About 99.85 percent of the total value of trade was transported across the country via water, and the remaining 0.15 percent was through air.

Machinery and transport equipment accounted for the highest value of commodities traded within the country in Q3 2017 at 34.4 percent amounting to P53.1 billion.

Flow of machinery and transport equipment goods in the country for Q3 2017 was higher by 12 percent compared to its P47.3 billion trade value in the trade/PAGE 9

access to MSMEs, particularly in the 30 poorest provinces in the country.

P3 can lend out P5,000 to P100,000 for an enterprise at an interest rate not exceeding 2.5 percent per month, which is lower than the 20 percent monthly interest rate in “5-6” lending schemes.

DTI’s microfinancing program also requires no collateral, with minimal documentation requirement and

one-day processing application.

Borrowers can opt to pay on a daily or weekly basis.

As of November 24, some 16,210 MSMEs tapped the P3 Program.

DTI also partnered with 90 conduits nationwide and hopes to tap 45 MFIs as new conduits for the P3.

Around P485.81 million has been released by DTI to conduits and P307.8 million was directly released to the borrowers.

“We’re very grateful that this program has come into fruition, so we can help micro entrepreneurs who are at the bottom of the pyramid and create an entrepreneurial environment in the countryside that will also generate jobs for Filipinos,” said Maglaya.

“Through the P3, sectors can find relief from overly expensive borrowings as they pursue their livelihood activities,” she added.

(PNA)

UCPB records higher net income at end-September UNITED COCONUT Planters Bank (UCPB) saw its net income rise in the first nine months of the year on the back of sustained growth in its consumer loan portfolio and the upbeat performance of its bancassurance business.

In a statement sent to reporters on Tuesday, the state-led UCPB said it booked a net income of P3.03 billion in the nine months ended September, climbing 5% from the P2.88 billion recorded in the same period a year ago. This was coming from a P2.01-billion net

income booked in the first half of the year.

Net interest income for the January to September period rose 15% to P8.3 billion.

On the other hand, UCPB’s non-interest income dropped 23% to P1.86 billion due to “lower trading opportunities.”

The bank’s total loan portfolio stood at P157.57 billion as of end-September, up from P135.97 billion in the first nine months of 2016. UCBP’s consumer loans contributed 16% to the growth, driven

by “growing consumer spending confidence and investment appetite.”

Deposits also grew 11% to P277.96 billion versus the same period last year.

Meanwhile, UCBP’s bancassurance business, launched in April, posted a P38 million income.

Operational expenses were kept at bay, posting a 9% increase year-onyear.

“All of our business segments contributed strongly to our record performance this quarter, notably consumer and corporate loans on the

back of steady economic growth,” UCBP President and Chief Executive Officer Higinio O. Macadaeg Jr. said in the statement.

In October, the twelfth largest bank in asset terms completed its transition of upgrading its automated teller machines and bank cards to the Europay, MasterCard and Visa technology, months ahead of the central bank’s deadline of June 30, 2018.

UCPB has also implemented a one-day check clearing system as income/PAGE 8

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CorporateWorld AboitizPower to beef up Del Monte posts $2.8-M net loss 500MW capacity in 2018

A

BOITIZPOWER Corporation is set to add some 500 megawatts of attributable capacity in 2018, coming from the completion of several hydro and baseload plants in Luzon, Visayas, and Mindanao.

In a briefing to analysts last Tuesday, AboitizPower President and COO Antonio R. Moraza said the projects are on track and should be mostly online in the first half of 2018. “ The entr y of these plants will

Friday|december 8, 2017

significantly support the countr y’s energ y reser ves and will show that the Philippines is open for business and investments,” Moraza said. “We have one of the most diversified portfolios in the countr y and we continue to be on the lookout for opportunities to push our balanced mix strateg y.”

Meanwhile, Moraza said AboitizPower expects to be able to make a final decision within the year on its Aseagas biomass power plant facility

in Batangas that is currently under an extended shutdown.

“We are currently continuing our technical evaluation, and a write-off is a possibility,” Moraza said.

AboitizPower, with its partner SN Power, recently completed construction of the 8.5-MW Maris Canal hydro project in Isabela, while whollyowned subsidiar y Hedcor is wrapping up construction of a 68.8-MW hydro plant in ManoloFortich, Bukidnon.

The company is also completing the 340-MW ThermaVisayasbaseload power plant in Toledo City, Cebu and the 400-MW Pagbilao 3 baseload power plant in Quezon.

Aseagas said Monday that it prepaid its outstanding loan with the Development Bank of the Philippines in the amount of P2.368 billion.

The company also has invested equity of around P950 million for the biomass plant and has around P460 million in outstanding liabilities. (PR)

FOOD and beverage conglomerate Del Monte Pacific Limited (DMPL) booked a net loss of $2.8 million in the second quarter ending October 2017, reversing its $20 million profit last year, as it rationalized plants and invested in brand building.

DMPL, listed in both the Singapore and Philippine stock exchanges, said it incurred $23.6-million one-off expense after divesting its underperforming Sager Creek vegetable business.

It also invested in trade and marketing to strengthen its business in the United States , which was reflected in the higher volume achieved.

Without this expense,

the Group would have generated a net income of $10.2 million.

DMPL said it achieved second-quarter sales of $624.7 million, slightly 1.8-percent lower than last year, due to lower sales in the US which were affected by unfavorable pricing in foodservice and USDA, and higher planned trade promotion spending.

Its US subsidiary, Del Monte Foods, Inc. (DMFI), contributed $485.6 million, or 78 percent of Group sales.

The Group’s second largest subsidiary, Del Monte Philippines, Inc. (DMPI), generated sales of $134.0 million, up 2 percent against the same loss/PAGE 8

Real estate market ‘rosier’ in 2018 A REAL estate service provider sees a rosier property market in Metro Manila by 2018, saying outlook on office, retail, residential, and industrial sectors remains high as these continue to expand.

Santos Knight Frank Chairman and Chief Executive Officer Rick Santos said outlook on Metro Manila’s real estate market is more optimistic next year as the government’s infrastructure projects are expected to be rolled out, improving the business environment here.

He added that higher business confidence is seen as post-ASEAN hosting effect, since the government was able to project the opportunities in investing in the

country.

Likewise, infrastructure funding deals and other key agreements forged by the government and officials from other countries who attended the ASEAN Summit are also expected to drive economic opportunities in the Philippines.

This will lead to stronger demand in property market, according to Santos.

“With deeper cooperation between the Philippines and East Asian neighbors such as China and Japan, prospects for the Philippines’ property sector are stronger than ever before.

Enhanced infrastructure projects and access naturally attract more institutional and

private investments that, in turn, lead to accelerated countryside development and growth of secondary cities,” he said.

“We anticipate the office, residential retail, and industrial sectors to grow further in terms of supply and activity, thanks to stronger regional trade and infrastructure cooperation,” he added.

For this year alone, office space take-up is expected to reach over 600,000 square meters, led by the demand in the information technology and business process outsourcing (ITBPO) sector.

For residential sector, around 52,000 residential units are scheduled for turnover in 2018.

More than 182,300 square meters of retail space are slated for turnover by the end of the year.

Santos noted that e-commerce is not seen to drag the demand in retail spaces in the Philippines, unlike in the United States where market for retail space faces challenges in the age of e-commerce.

Likewise, forecast on industrial sector remains rosy as business confidence in the country is still high.

The company noted that there is an increasing demand for warehouse and storage spaces, particularly in Metro Manila, Clabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), and Central Visayas. (PNA)

IT instructor Marc Anthony Reyes lectures during the day-long Google Developers Fest last Sunday in Rosario Pavilion, Cagayan de Oro City.

photo by mark francisco

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Seda Centrio’s Festive Buffets and Relaxing Staycations The Christmas season is all about family, friends, reunions, and get-togethers. It’s all about having fun and celebrating the most wonderful time of the year.

If you want the best and most convenient way to enjoy the season, the only place to go to is Seda Centrio Hotel.

Festive Buffets Seda Centrio’s Misto has prepared several sumptuous and festive buffets for the merry holidays. The feast actually started last November 27 and will go on until January 3, 2018. So you’ll have a lot of options to choose from.

These Christmas season buffets are all yours to enjoy: Festive Food & Yuletide Spirits Enjoy Christmas favorites and Noche Buena classics from today until January 3, 2018 for only Php770 nett per person. Dinner will be served from 6pm to 11pm, Mondays to Saturdays (except on December 24, 29, and 31).

Christmas Eve Buffet Feast Misto will prepare a delectable spread of international classics along with Filipino favorites, including staple Christmas treats like bibingka and tsokolate. Guest will also be entertained by some of Cagayan de Oro’s best artists.

The Christmas Eve Buffet will be on December 24, 2017, from 6pm to 1am.

Buffet fee for adults is Php1000/person, while children 6-12 years old can enjoy the feast for only Php500/person.

Christmas Day Delights On Christmas Day, celebrate the birth of the Star of the season with a culinary feast at Misto. But since everyone will probably wake up a bit late after all the revelry the night before, morning starters and lunch favorites will be served for brunch, along with a sumptuous and extensive spread for dinner.

Enjoy all the Christmas Day delights that you can on December 25, 2017 for: BRUNCH Php650/adult Php325/6-12 years old (inclusive of treats) Brunch buffet will be open from 11am to 2pm DINNER Php770/adult Php385/6-12 years old Dinner buffet will be from 6pm to 10pm New Year’s Eve Countdown Party Spend the last day of 2017 in style by celebrating at Seda Centrio. Aside from fireworks and live entertainment, you’ll also enjoy a specially prepared feast. Dinner will be served from 7pm to 11pm at Misto for only Php1150/adult and Php575/children 6 to 12 years old on December 31, 2017.

New Year’s Eve After-Dinner Cocktail Party If you want to extend the celebration and wait for the New Year while enjoying worldclass live entertainment, delicious canapés, and a complimentary drink (cocktails, mocktails, and other beverages), welcome 2018 at Misto on December 31, 2017. For only Php500/adult, you can have all the fun you want while celebrating the New Year in style.

Drinks and canapés will be served from 11pm to 1am.

Relaxing Staycations A holiday celebration won’t be complete if you do not treat yourself or your family to a relaxing staycation at Seda Centrio. The hotel’s stylish and comfortable rooms provide the perfect retreat after all the shopping, parties and reunions, and the seemingly endless merrymaking.

And because it’s the most wonderful time

of the year, Seda Centrio is giving special room packages for you and your family.

Home for the Holidays Let Seda Centrio be your home for the holiday season. Book a room this Christmas season and enjoy a special discount and extra treats. From December 1, 2017 to January 4, 2018 (except December 24 and 31, 2017), get these promo rates for your room of choice: Deluxe Room – Php4,000 nett Club Room – Php5,000 nett Premier Room – Php6,000 nett If you book for a minimum of two nights, you’ll be given bigger discounts: Deluxe Room – Php3,700 nett Club Room – Php4,700 nett Premier Room – Php5,700 nett All booked rooms will come with a daily buffet breakfast for two, complimentary use of the pool and gym; access to the Club Lounge for Club and Premier guests; and complimentary Wi-Fi. Christmas Stay-in Package Celebrate the most wonderful time of the year at Seda Centrio. Guests booked for December 24, 2017 will enjoy discounted rates: Deluxe Room – Php6,000 nett Club Room – Php7,000 nett Premier Room – Php8,000 nett All booked rooms come with standard inclusions plus a Christmas Eve Buffet Feast for two at Misto, and one Christmas token.

New Year’s Eve Stay-In Package If you do not like all the noise that comes with New Year’s Eve celebrations, Seda Centrio has a special package for December 31, 2017.

Deluxe Room – Php6,500 nett Club Room – Php7,500 nett Premier Room – Php8,500 nr Guests booked in any of these rooms will enjoy standard inclusions such as New Year’s Eve Countdown Party and After-Dinner Cocktails for two and one New Year’s Eve token.

Splendid Celebrations If you are celebrating something – a birthday, anniversary, a victory, or the Christmas season – Seda Centrio has packages that will make your special occasion even more special. For your splendid celebrations, there are two packages to choose from: Reindeer Package – Php700 nett per person (Minimum guarantee of 30 persons) Aside from standard inclusions, this package also comes with a complimentary Misto dining voucher worth Php500.

Nutcracker Package – Php900 nett per person (Minimum guarantee of 30 persons) Along with standard inclusions, the Nutcracker Package also comes with a complimentary Misto dining voucher worth Php1,000.

Standard inclusions for both packages are the following: - A special Christmas-themed lunch or dinner buffet with one round of Misto Iced Tea -Complimentary use of the Sinamay function room for 5 hours - Waived corkage for two bottles of wine/ spirits - Waived corkage for one lechon - One complimentary Seda Christmas Basket So this Christmas season, the most festive and most wonderful time of the year, let Seda Centrio help you celebrate with the special people in your life. Call (088) 3238888 or 09175775910 for your inquiries and reservations. You may also send an email to cdo@sedahotels.com

IN-DEPTH

7

Friday | December 8, 2017

80TH ANNIVERSARY

Kong Hua School holds Family Day Story and Photos by MARK FRANCISCO

My Superhero Dad parlor game

Winners of the mother and daughter lookalike contest, Angel Gabrielle and Velga

School director Fr. Emmanuel Regalado

IT was a jolly mood last Friday as Kong Hua School celebrated its 80th founding anniversary for a week – from November 24 to December 1.

In particular was the Family Day celebration last Friday which was chaired

by Aileen Parojinog of the Parents Auxiliary Council.

There were parlor games (modern dance competition, mother and daughter/father and son lookalike contest) and dinner.

In his message, Kong Hua School director Fr. Emmanuel Regalado reported to the parents that 16 students from

the school have captured international honors so far, both in the academic and extracurricular fields to the cheers of the parents who were present in the activity held at the school’s gymnasium.

Kong Hua School was the result of a merger in 1937 of two informal institutions teaching in the Chinese curriculum – Chung Hua and Hua Chao. Realizing the need for English instruction, a permit was secured from the Bureau of Private Schools in 1950.

Recognition for the complete elementary course was issued in 1955.

High school was opened the same year. In 1979, the Parents Auxiliary Council was born, then known as the Kong Hua School Parents – Teachers Association.

It was only in 1987 when the Hijas de Jesus Sisters were invited to become administrators of the school, now known as the Lorenzo Ruiz Mission Society. Kong Hua School looks forward to the future with hope and commitment to live its vision-mission, confident to give her contribution to society as a transformative agent of our country and people.

Two pairs have a jolly time to hit it off on the floor as they compete during the Bulua barangay fiesta dancesport competition held last Wednesday in Cagayan de Oro City. photo by mark francisco

8

Billboard

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL

By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City.

No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City.

Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com

VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com

ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils.

Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com

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

Friday|december 8, 2017

Primavera City Announces Stunning View Contest Winners Uptown Cagayan de Oro’s Primavera City, the latest green project by Italpinas Development Corporation (IDC), has officially announced the winners of the recently conducted photo contest, Uptown CDO’s Stunning View on November 23, 2017.

All winners are entitled for a gift certificate worth of P1,500 and a

free night stay at Damiani Property Management and Services, Inc. “We wanted to highlight and promote Uptown CDO it’s posh lifestyle, great ambiance and stunning views. Residents of IDC properties Primavera Residences and Primavera City enjoys all the perks that comes along in living at the heart of Uptown CDO,” said

Clara Elizaga, Vice President for Marketing and Brand Management.

Primavera City is yet to announce the next contest for the next few month and is inviting everyone who has passion in photography and in promoting the district of Uptown CDO to join.

Here are the winning photos of the stunning view contest:

Italpinas Pick Award Photo Title: Two Worlds Collide

By John Kevin N. Mugot John is a fourth year IT student from Cagayan de Oro College PHINMA. He is an amateur photographer who has already received awards in the field. Photography is John’s passion and he is hoping to become a renowned photographer someday.

Netizen Choice Award Title: Amazing Sunrise

By Iñigo Valles

HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao

Iñigo Francis Mediante Valles is a Grade 9 student of Oro Christian Grace School, Tambo, Macasandig, Cagayan de Oro. He is an active member of OCGS Photography Club under Oro Photographic Society.

Views and sights of family travels sparkled his passion for photography.

He is more interested in landscape photography.

BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

Loss... from page 6

quarter last year.

Sales in the Philippines, the largest market of DMPI, were up in peso terms on better sales of packaged fruit as well as the food ser vice channel. DMPI’s sales comprise Philippines sales and exports.

DMPL said food service sales continued to grow, riding on the rapid expansion of quick service restaurants and convenience stores with partnerships and menu creation with major accounts.

Meanwhile, DMPL commenced a $80-million S e r i e s A- 2 p r e f e r e n c e s h a r e s o f f e r, w i t h a n oversubscription option of up to $80 million, to raise more equity and repay loans.

The offer period started Nov. 28 and will run until Dec. 8. The listing set for Dec. 15 on the Philippine Stock Exchange (PSE).

DMPL raised $200 million from the first tranche offering of preferred shares, which were listed at the PSE on April 7. (PNA)

Income... from page 5

mandated by the central bank, giving its clients faster access to their funds at 12 noon the next banking day.

“As the year draws to a close, UCPB will be relentless in continuing to achieve operational efficiencies and raising productivity. Judging from our performance these past nine months, we look forward to an even better year in 2018 for UCPB,” Mr. Macadaeg added.

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Friday|december 8, 2017

Deadline... from page 4

end of your life. That’s why God Himself, Jesus Christ, came to show us how to live that way. Your decision to love and obey Jesus Christ every day is not just so you can live with peace and happiness now; it decides where you’re going to live forever after you die: in Heaven or Hell. In complete happiness and peace with your Creator and Christian family, or in total pain and suffering without Him. Jesus Himself said it’s that simple and serious. So for your own sake, today, won’t you ask Jesus to forgive you and take complete charge of your life everyday? Before it’s too late and you’ve missed the biggest deadline of your life. Just Think a Minute…

Optimism... from page 4

Basically, we are a bunch of hardy people with an unbelievably resilient, longsuffering, good-natured and uber friendly kind of national attitude.

We are ingenious and a bunch of survivors. And at the end of the day, the Filipinos will just shake off the dirt from their clothes and thongs, and go about their daily grind.

This positive economic outcome was founded on Duterte’s promise to eradicate crime and corruption. It brought back people’s belief in good governance, and restored investors’ confidence.

The latest SWS economic survey says so. We are now the fastest growing economy in Asia and this is mainly due to the resurgence of the country’s manufacturing industry. The country posted a 7.1 percent growth hike— the most robust growth pace in three years.

D u t e r t e’s C h i n a unprecedented pivot and

the forging of an independent foreign policy, all in one instance had debunked long held myths ab out PH-US relations, and thus highlighted a promising PHChina-Russia partnerships.

This is not to count our role in the ASEAN community where we had successfully hosted the recently concluded ASEAN Summit in Manila.

The substantial i mprove me nt i n p e a c e and order with 80 percent reduction in drug volume and 39 percent drop in crime.

The peace and order gains “represents a decisive effort at ridding the country of specific crime problems never given so much serious attention before.”

Wit h an 83 p ercent increase in infrastructure spending and improved absorptive capacity, this thr ust could drive our country’s GDP to 9 percent in three years anchored on the government’s policy strengths and a blueprint for growth hinged largely on infrastructure. This could usher in a golden age of infrastructure.

And based on the latest economic forecast models, the country can hit nine percent GDP growth by 2019, with infrastructure spending from 5 to 6 percent of GDP, funded by new taxes and tax efficiencies.

The country’s DNA is well on its way to greater heights. Merry Christmas, dear readers!(ruffy44_ph2000@ yahoo.com)

Outlaw... from page 4

Couples separate because they no longer value their togetherness and unity, and family no longer holds any meaning for them.

But this was not the way of life that Filipinos grew up with. This was not the teaching that we received as Christian believers. If we are

professing our faith in Jesus, we know that we cannot allow what God has put together--mainly, the man and woman who became husband and wife---to separate, according to His command. Indeed, it is not the will of Jesus that husbands and wives divorce.

This is the command of the devil.

The devil abhors a strong marital union and relationship, because this marital strength gives rise to godly and therefore righteous members of the family. The devil would like the couple to separate because it would then be easier to bring them to adultery and concubinage, and for their children to be drawn to destructive vices that lead them to hell. We should stop this, my friends!

-ooo WATCH ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at www.facebook. com/angtangingdaan.

Please see the video section.

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

Email:batasmauricio@yahoo. com

Advent...

from page 4 catechesis be practical and practicable, substantiated with clear indications and concrete examples. May it be attractive and appealing.

Given the sensitivity especially of the young people-the millennials and the Generation Z-we need to be very creative and do a lot of adaptation.

Let us also tap those with certain authority in schools,offices, public and private organizations to help out in this task. We need to make Advent a real Advent, not a fictionalized one. roycimagala@gmail.com.

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar NOTICE OF PUBLICATION R.A10172(Gender)

Trade... from page 5

same period last year.

Food and live animals posted second largest value in domestic trade at P36.6 billion, followed by manufactured goods classified chiefly by material amounting to P18.7 billion.

In terms of value, other top commodities traded locally were mineral fuels, lubricants and related materials at P12.7 billion; chemical and related products at P9.5 billion; beverages and tobacco at P6.4 billion; miscellaneous manufactured articles at P5.86 billion; commodities and transactions at P5.4 billion; crude materials, inedible except fuels at P4.3 billion; and animal and vegetable oils, fats, and waxes at P1.4 billion.

Moreover, Central Visayas accounted for the bulk of domestic trade inflows and outflows in Q3 2017 at 19.4 percent or a total of 940,000 tons.

This was followed by Central Luzon at 860,000 tons and Northern Mindanao at 790,000 million tons.

Largest trade outflow in the country in the previous quarter was from the National Capital Region (NCR) reaching to P31.5 billion, followed by Western Visayas and Eastern Visayas at P27.1 billion and P24.6 billion, respectively.

In terms of balance of trade, six regions posted favorable trade balance, which include Eastern Visayas, NCR, Central Luzon, Davao Region, SOCCSKSARGEN, and Autonomous Region in Muslim Mindanao.

This means these regions had more trade outflows than inflows in Q3 this year.

Meanwhile, unfavorable trade balance was recorded in regions of Caraga, Calabarzon, Zamboanga Peninsula, Central Visayas, Mimaropa, Northern Mindanao, Ilocos Region, Western Visayas, Cagayan Valley, and Bicol. (PNA)

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar R.A 10172 R.A 9048

NOTICE FOR PUBLICATION

In compliance with the Rule 7 of R.A 10172, A Notice is hereby served to the public that MARIELLE C. VILLAZORDA has filed with this office a Petition for Correction of Clerical Gender from “MALE” to “FEMALE“ in the Birth Certificate of MARIELLE CONDIMAN VILLAZOROLA who was born on APRIL 20,1998 at LAPINIG, KAPATAGAN LANAO DEL NORTE and whose parents are ROMULO G. VILLAZORDA and RIZA C. VILLAZORDA. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

In compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 guidelines in the Implementation of the Admistrative Order No.1 Series of 2012 (IRR on RA 10172) , Notice is hereby served to the public that CARMENCITA DAMAYO BARTOLOME has filed with this office, a Petition for Change of First name from “BABY CARMENCITA” to “CARMENCITA” and Correction of Entry in the Date of Birth From “February 8, 1956” to “February 9, 1956” in the Live Birth of BABY CARMENCITA DAMAYO who was born at KAPATAGAN, LANAO DEL NORTE and whose parents are SAMUEL DAMAYO and LEONISA MASONG.

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

SGD. IVY R. TONGCO

Municipal Civil Registrar BWM: Dec. 8 & 15, 2017

BWM: Dec. 8 & 15, 2017

SGD. IVY R. TONGCO Municipal Civil Registrar

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

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

NOTICE OF PUBLICATION

NOTICE OF PUBLICATION

R.A 9048

R.A 9048

In compliance with the Rule 7 of R.A 10172, A Notice is hereby served to the public that FLORDELITA OPADA MADIDIS has filed with this office a Petition for Change of First name from “FLORITA” to “FLORDELITA” in the Birth Certificate of FLORITA ONABIA OPADA who was born on JULY 6, 1974 at BANSARVIL, KAPATAGAN, LANAO DEL NORTE and whose parents are BENITO OPADA and ANITA ONABIA. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

In compliance with the Rule 7 of R.A 10172, A Notice is hereby served to the public that DIANA C. MUSCAD has filed with this office a Petition for Change of First name from “ANDRIE PIBOMAR” to “ANDRIE” in the Birth Certificate of ANDRIE PIBOMAR LERIOS BAGO who was born on NOVEMBER 30, 1962 at KAPATAGAN, LANAO DEL NORTE and whose parents are MAMA DIPATUAN BAGO and RUSTICA LUMBRE LERIOS. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

SGD. IVY R. TONGCO

Municipal Civil Registrar BWM: Dec. 8 & 15, 2017

SGD. IVY R. TONGCO

Municipal Civil Registrar BWM: Dec. 8 & 15, 2017

0935 161 3398

856-3344 / 74-53-80

BusinessWeek Feature

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Friday | December 8, 2017

10

Francisco Passenger Jeepney (FPJ) goes full electric T he pioneer maker of the “King of the Road - Jeepney” is once again leading the pack in the most important step in the Philippine automotive industry, the mass production of full electric Francisco Passenger Jeepney (FPJ) powered by QEV Tech.

Elmer Francisco, a scion of the Francisco Clan behind the 70 year old Francisco Motor Corporation, sealed the deal with QEV Tech represented by no less than their CEO Miguel Valldecabres in Cagayan de Oro City.

The QEV Group brings

together a wide experience in the management and development of projects on a global scale in the field of technological innovation in electromobility.

The Group’s philosophy is based on the need to reduce carbon emissions caused by transport in

Elmer Francisco with DTI Secretary Ramon Lopez Elmer Francisco with European Union Ambassador to the Philippines Franz Jessen who is very supportive to the partnership between the Filipino and Spanish companies

Miguel and Elmer with the famous Duterte fist

Signing of the Memorandum of Agreement between Elmer Francisco and QEV Tech CEO Miguel Valldecabres

urban areas, creating clean, healthy cities and countries with the help of an electro-mobile vehicle fleet.

The company’s Madrid operation is a non-profit organization whose mission is to research urban planning solutions which utilize electromobility and artificial intelligence.

Its Barcelona operation is an engineering company specializing in the field of electro-mobility, ranging from the development, Elmer Francisco with Integrated Micro-Electronics, Inc. (IMI) CEO Arthur Tan

construction and type approval of electric vehicles (BACI, TESLA GT) to the installation, management and maintenance of electrical charging points (ABB).

In addition, it manages Formula-E motor-racing teams such as Mahindra Racing.

Its London operation is the co-founder of the first championship for electric vehicles, Formula E (exclusive contract with the Fédération Internationale de l’Automobile (FIA).

In Singapore, the company is responsible for the introduction of standard, universal fast-charging points (15 minutes, 180 km) for any type of electric vehicle in cities over all 5 continents, in partnership with ABB and Microsoft.

QEV Philippines is a partnership between QEV Group and Aboitiz Group spearheaded by businessman Endika Aboitiz. The company has already inked the agreements that will allow them to set-up fast charging stations that could actually charge the fpj/PAGE 11

From left to right: QEV Tech CEO Miguel Valldecabres, Jun Carcueva, QEV Tech CFO Ruben Espin and Elmer Francisco

Board of Investments (BOI) ASec and Comprehensive Automotive Resurgence Strategy (CARS) Program Director Mulong Manlapig, Philippine Economic Zone Authority (PEZA) Director General Charito Plaza and Elmer Francisco

From left to right: Dominic Francisco, Elmer Francisco, QEV Philippines General Manager Audrey Peñaranda, IMI VicePresident Jawy Milanes and IMI Chief Architect Chris Tiongson

From left to right: LTFRB Chairman Martin Delgra, DOTr Secretary Arthur Tugade, Elmer Francisco, DOTr ASec Mark de Leon, LTFRB Board Member Aileen Lizada, DOTr USec Tim Orbos and DOTr staffs

Elmer and Dominic Francisco checking out the flexible solar panels togeher with IMI Vice President and Plant Head Jawy Milanes

11

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Friday|december 8, 2017

FPJ...

from page 10

Lithium-ion batteries of the electric Francisco Passenger Jeepneys from 0 to 80% in just 15 minutes at SM Malls, Ayala Malls and Shell Stations nationwide.

Jeepney operators could actually save a lot of money and in turn earn more profits due to the cost difference of fossil fuel and electric charging. Their cost of op e rat ions w i l l si mply become lower.

Francisco, on the other hand, also tapped Integrated Micro-Electronics, Inc. (IMI) owned by businessman Jaime Augusto Zobel de Ayala, to be the main supplier of the state-of-the-art flexible and even more powerful solar panels that could be installed on the roof of the jeepneys.

These solar panels could power the air conditioning units of the jeepneys and could also store the excess power in the Lithium-ion Batteries to make the range of the electric jeepney even farther.

Francis co, QEV and IMI are also exploring a possible joint venture to locally assemble the electric powertrains so as to make it even more affordable for the market, not to mention, Philippine-made!

Francisco also enjoined Mr. Samson Carcueva, Jr. who also came from another jeepney making family. He was also a public servant who served the government for 20 years and was most recently the Officer-in-Charge of the Bureau of Internal Revenue Regional District Office in Cagayan de Oro City before retirement. He joined the company to share his experience both in jeepney making and in finance.

According to Francisco, “Caring for our environment is not only the responsibility of our government but the responsibility of all humanity.

I can’t do it alone. We all need to work together in order to make a drastic change. I can imagine a future wherein all public and private transportations no longer emit toxic materials that are detrimental to our environment and our health as well. My goal is to make electric vehicles affordable not only to Filipinos but to everyone in the world. Let us all do our part to save our environment while we still have time.”

In response to the government’s Public Utility Vehicle (PUV) Modernization Program and an answer t o P re s i d e nt D ut e r t e’s call to develop and create jobs in the provinces, the partnership will also develop a 43-hectare property in Northern Mindanao and have it accredited by the Philippine Economic Zone Authority (PEZA) as a Manufacturing Economic Zone.

The ecozone will house a mega manufacturing plant that could produce over 20,000 units of Francisco Passenger Jeepneys per year on a single shift operation that could be doubled as needed. Mass

producing the new Francisco Passenger Jeepney would further lower the price of the jeepney without sacrificing the quality, durability and dependability for business just as what the Francisco name is known for in the jeepney industry through decades.

This facility will be accredited by PEZA as a Domestic Manufacturing Enterprise that would cater to the domestic market.

O ver 5,000 direct jobs would be made available to the qualified residents of Northern Mindanao through this facility alone.

The partnership also aims to export jeepneys and other electric vehicles to the neighboring ASEAN c ou nt r i e s an d A f r i c an countries as well within the next few years. Francisco had the experience of exporting jeepneys to Africa in the early 2000’s.

Complimentary industries w i l l a ls o b e hoste d to complete the supply chain such as manufacturers of tires, electric powertrain, spare parts, solar panels, Lithium-ion batteries and everything related to the jeepney production.

An e-racing circuit will also be developed inside the property to be accredited as a tourism ecozone enterprise w h e re i n c ompl i me nt ay industries such as cafés, restaurants, hotels and other hospitality businesses would also be established. These businesses would generate even more indirect jobs for the people of Northern Mindanao.

Francisco will be unveiling and would be launching within a few weeks the full electric Francisco Passenger Jeepney that conformes with the specifications given by the Department of Transportation (DOTr) and the Bureau of National Standards (BNS) for the public to witness.

They would immediately proceed to mass production thereafter.

Gawang Pilipino para sa Pilipino at para sa buong mundo!

Consortium... from page 1

is one of the few cities whose water district has grown so much that it has practically covered to serve almost 82-percent of its population.”

Over the weekend, 15 water cooperatives agreed to pool their resources together and invested P150 million to hire technical experts and construct distribution lines, ready to serve the city in 2018 as an alternative to COWD. Councilor Teodulfo Lao, chair of the committee on public utilities who was briefed by the consortium, reported that the cooperatives will also put up their own water treatment plant and sell their product at P8 per cubic meter or P2 less than what COWD gets from its supplier, Rio Verde Water Consortium, Inc. The surprise move of the cooperatives came at

a time when the Regional Trial Court (RTC) Branch 38 came with a shocking decision of its own last Tu e s d ay – d i s b a n d i n g the mutual rescinding of the 13-year-old contract between COWD and Rio Verde.

With this new development, COWD is expected to avail he services of two providers by next year – Rio Verde Water Consortium and Cagayan de Oro Bulk Water, Inc. (a new joint venture between COWD and Metro Pacific Water).

Power... from page 1

d e c i s i on m a ke r i n t h e consumer without knowing how much the generators are producing, whether it is conventional or renewable.

We cannot empower them if they don’t know how the transmission works,” he said.

He said the technology will promote fairness and transparency on the part of the consumers and accountability on the part of service and generation providers.

“We have to develop a market that embraces a system that has transparency, fair in the field and accountability, the fault if there is a problem on the power distribution will be now pinpointed,” he said.

According to Fuentebella, t he re w i l l b e a s y ste m operator and market operator as soon as this technology is implemented in the country. He added that such sophisticated technolog y requires a spot market and renewable energy market (REM).

Fuentebella said the DOE is now conducting series of consultation for the REM in the Philippines, which they started Wednesday in Davao City.

For Mindanao, he said DoE is trying to fast-track t hings since t he island still has no electricity spot market. The spot market is a requirement for the REM and both markets are needed for the smart grid.

He said the DoE has targeted to open the Wholesale Electricity Spot Market (WESM) in Mindanao June of next year to catch up on the proposed smart grid. (Armando Fenequito Jr/PNA)

Traders...

from page 1 Business Council APBC), said that there are at least four prospective Australian investments in the ARMM. One of them is Real Estate Investment Trust (REITs), a firm active in mortgage lending, investment banking, fund management, property investment, and high-tech investment. It has explored the feasibility of developing REITS in the country.

Alcordo has asked one of its members and former executive director of Public Private Partnership Center, Raj Palacios, to contact ARMM with the view of

signing a letter of intent (LOI) to invest in the region.

A m i l k c omp any i s interested to put up milk storage facilities in Mindanao, particularly ARMM since Mindanao is ne arer to Australia than Luzon. The Sun Valley (HK) Group is the proponent since they run dairy farms in Australia.

Lionel Henderson, the director of Agriculture of the Commonwealth Scientific and Industrial Research Organis at ion (CSIRO), the premier Australian Government funded research organization, was introduced to Mastura dur ing t he investments roadshow.

Mastura said the CSIRO would be interested to work with ARMM on this project if it has farmers with access to land, even land not suitable for rice or staple foods. There may even be assistance on funding and grants.

As witnessed by the P h i l i p p i n e i nv e s t m e nt mission team to Australia, the SR Clean and Green Energy, an outfit whose owners are from Tawi-Tawi Province in the ARMM, signed a LOI to explore future collaborations during the team’s investment mission in Sydney.

The fourth investment is Halal chicken processing for export from ARMM to Muslim Southeast Asian countries, the Middle East and Australia. Australia, a non-Muslim country is among the leading exporter of beef to the Middle East and live cows to Indonesia.

Regional Gov. Mujiv Hataman lauded RB OIARMM for successfully enticing Australian investors despite the ongoing Marawi crisis.

“The interest of Australian businessmen to invest in the ARMM is a clear vote of confidence in the stability of the region despite the ongoing Marawi crisis, which the security sector has effectively confined and contained to a small area,” Hataman said.

Recently, TierOne, Inc., a partly Australian-owned telecommunications company registered with RBOI its P3 billion investments in a third carrier for the region.

Australia is one of the biggest official development assistance donors to the ARMM funding in particular the basic educational needs of the region.

Recently, Australia offered to train Philippine soldiers in urban warfare in view of the urban warfare terrain of Marawi City, which used to be the ARMM’s largest city, since Australia is the only country aside from the United States to have signed a Status of Forces Agreement with the Philippines.(PNA)

Summit... from page 2

“ARMM: Halal Hub of the Philippines” on Dec. 18 at the EM Manor Hotel, this city.

Malang described goat m e at a s a n i mp o r t a nt component in the lives of Muslims, particularly in the celebration of Muslim feasts (Kanduri) and religious

offerings, making it very in demand both here and abroad.

“Therefore, goat meat should be Halal or that goats be raised and slaughtered according to Islam teachings as we could also introduce it as a lucrative business,” he said. (PNA)

Livelihood... from page 2

government that could help us in our livelihood).”

Relying solely on her retirement pension, Navida said that she needs to augment her income to help defray her family’s daily meals, basic expenses and food for their livestock.

Though this is her first time to receive a livelihood financial assistance from DOLE, she is hopeful that their association can sustain the project so that it could also help the community in the future.

Toledo explained that the project is funded under the D OLE Integrated Livelihood and Emergency Employment Program (DILEEP) that encourages self-employment to provide income opportunities to deserving beneficiaries.

CCMPC is an active accredited co-partner (ACP) of D OLE which has already implemented nine livelihood projects to various associations and was a regional winner for the Best DOLE Assisted Livelihood Group Project for CY 2016.

(Jovelyn V. Perez/RTP/PIA10)

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF GUILLERMO ARIATA WITH ABSOLUTE SALE OF A PARCEL OF LAND Notice is hereby given that ANDRES ARIATA, of legal age, married, Filipino citizen and a resident of Yumbing, Mambajao, Camiguin is the only child/heir of Guillermo Ariata who died without leaving a will nor incurred indebtedness during his lifetime and who remains the declared owner of the said property which I hereby adjudicate ownership unto myself as sole heir of Lot. No. 6126; T.D. No. 04001518431; Area of 843 square meters; That for and in consideration of the sum of EIGHTEEN THOUSAND PESOS (Php 18,000) Philippine Currency, to me in hand paid by ELVERA G. PERANG, likewise of legal age, Filipino citizen and a resident of Yumbing, Mambajao Camiguin, receipt of which is hereby acknowledged to my full satisfaction, by these presents I hereby absolutely SELL, CEDE, TRANSFER and CONVEY the above-described parcel of land to herein Vendee, Elvera G. Perang, her heirs and assigns, free from any lien or encumbrance. Under Notary Public of ATTY. VITO M. CARRILLO; Doc. No. 115; Page No. 37; Book No. 55; Series of 2017.

BWM: Nov. 24, Dec. 1 & 8, 2017

EXTRA-JUDICIAL SETTLEMENT WITH PARTITION OF REAL ESTATE AND DEED OF ABSOLUTE SALE

Notice is hereby given that the intestate estate of the deceased ANTONINA D. FABRIGAS, who died on September 13, 1998 at Gimangpang, Initao, Misamis Oriental. Tax Declaration No. 40502 at LANGCUBON, INITAO, MISAMIS ORIENTAL; containing an area of sixteen thousand three hundred forty three (16,343) square meters, more or less.

ANTONINA D. FABRIGAS is the subject of EXTRA-JUDICIAL WITH WAIVER OF RIGHTS OF A PARCEL OF LAND, is made and entered into; AGATON ROLDAN FABRIGAS VELEZ, SR., REYNALDO FABRIGAS VELEZ (married) & LUNA VELEZ ARRIOLA (married), all of legal age, Filipino citizens, with residence & postal address at Gimangpang, Initao, Misamis, Oriental; DELIA VELEZ REALISTA, of legal age, Filipino citizen, married, with residence & postal address at Aluba Subd., Cagayan de Oro City; HERMENIA VELEZ CLARITO, of legal age, Filipino citizen, married, with residence & postal address at Steel Town Subd., Iligan City; and LUCAS FABRIGAS VELEZ, JR., of legal age, Filipino citizen, married, wioth residence and postal address at Manticao, Misamis Oriental; Under Notary Public of ATTY. EMELITO J. MARQUINO; Doc No.____; Book No. ____; Series of 2017.

Notice is hereby given that the intestate of estate DEOGRACIAS D. VACALARES, died intestate in Igpit, Opol Misamis Oriental on August 09, 2015 and TOMAS G. VACALARES, died intestate at the Maria Reyna Hospital, Cagayan de Oro City, on December 30, 1981, leaving no will nor debts settled to date but leaving a parcel situated in Igpit, Opol, Misamis Oriental ; TCT NO. T-46307, Lot 2, Pcs-10-003834; area of ONE THOUSAND TWO HUNDRED TWENTY NINE (1,229) sq. meters. ; DEOGRACIAS D. VACALARES and TOMAS G. VACALARES, is the subject of EXTRA-JUDICIAL SETTLEMENT WITH PARTITION OF REAL ESTATE AND DEED OF ABSOLUTE SALE; is made and entered among,; RODELIO D. VACALARES, ESTELA V. RAGMAS, married of legal age, Filipino citizen, and a resident of Laguindingan, Misamis Oriental,; LEONOR V. NADALA, RUTH V. RENDON, , married of legal age, Filipino citizen, and a resident of Igpit, Opol Misamis Oriental; LORIMER D. VACALARES, who died on April 11, 1996, in Trinto Agusan del Sur and survived by: BIMBO L. VACALARES, married of legal age, Filipino citizen and a resident of Purok 4A, Libertad, Butuan City; WHEREAS, FOR AND IN CONSIDERATION of the amount of ONE HUNDRED THOUSAND (P100,000.00) Philippine Currency receipt in full is hereby acknowledged by the SELLERS to their satisfaction RODELIO D. VACALARES, BIMBO L. VACALARES and RUTH V. RENDON, hereby SELL, CEDE, TRANSFER and CONVEY in a manner that’s is absolute and irrevocable unto DOMINGO M. LAYUG, of legal age, Filipino, married to ISADORA R. LAYUG and a resident of Zone 6, Tagapulot Street, Bulua, Cagayan de Oro City, his heirs, assigns and successors-in-interest, a PORTION the above described parcel of land, designated as Lot 2-A in the plan, containing an area of FIVE HUNDRED FIFTY TWO (552) square meters, free from all liens and encumbrances; Under Notary Public LYNN AMOR L. PACLAR-PANULAYA; Doc No. 435; Page No.; 87; Book No.XI; Series of 2017.

BWM: Nov. 24, Dec. 1 & 8, 2017

BWM: December 1, 8 & 15, 2017

EXTRA-JUDICIAL PARTITION WITH WAIVER OF RIGHTS OF A PARCEL OF LAND

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Friday|december 8, 2017