BusinessWeek Mindanao Set A (February 13-14, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 111

Market Indicators

As of 5:57 pm February 10, 2017 (friday)

FOREX

PHISIX

US$1 = P49.917

7,235.21

X

2.9 cents

17.45

X

points

Briefly One-stop-shop MAMBAJAO, Camiguin -Camiguin holds Business One Stop Shop (BOSS) on for the entire month of January to facilitate fast, easy and convenient business registration system.

All national line agencies and local government units (LGUs) extended its services in every town around the province pooling all approving personnel in one place.

Aside from the onestop registration, BOSS also offers application or renewal of business permits such as the issuance of zone clearance, building inspection clearance and sanitation clearance.

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Govt fasttracts Misor’s flood-control project www.businessweekmindanao.com

Mon-Tue | February 13-14, 2017

By CHENG ORDOÑEZ, Associate Editor

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A G O L OA N , M i s a m i s Oriental – The Department of P u b l i c Wor k s a n d Highways (DPWH) is fast tracking the construction of two dikes along the Tagoloan River, worth P776 million, meant to protect thousands of residents from incidents of flooding in the future.

The Flood Risk Management Project for Tagoloan River is funded by the Official Development Assistance from the Government of Japan, through the Japan International Cooperation Agency (JICA).

The project consists of the Tagoloan River Sub-project – Stage I (Upstream) in project/PAGE 11

QUAKE INJURIES. Confined patients at the Miranda Family Hospital in Surigao City opt to stay out in the open field, afraid that the building would collapse. MindaNews photo by Roel N. Catoto

e-Presyo TO drum-up awareness on e-Presyo, the Department of Trade and Industry (DTI) in Camiguin strengthened its information and education campaign (IEC) by putting up e-Presyo tarpaulins in strategic areas around the province, mostly located in public markets and business establishments. e-Presyo is the name given to the newly established Online Price Monitoring System (OPMS) of the DTI with the main purpose of providing easy access to the latest suggested retail prices (SRP) for prime commodities and basic necessities.

DTI said e-Presyo does not even require sign-up when the application is accessed online, easily downloadable both in personal computer and in a smart phones.

IN-DEPTH

Death toll rises to 7:

State of calamity declared in Surigao

By ROEL CATOTO, MindaNews

FALLEN BRIDGE. Anao-aon Bridge connecting Surigao City to the municipalities of San Francisco (formerly Anao-aon) and Malimono in Surigao del Norte collapsed when an intensity 6 quake struck Surigao City late evening Friday (10 Feb 2017). MindaNews photo by Roel N. Catoto

Taking stock of natural capital and the role of the media WHERE is natural capital in the national discussion and debate? In polic y making and development planning? What are the prospects of mainstreaming natural capital valuation in government decisions and actions?

The World Bank defines natural capital as “the resources that we easily recognize and measure, like minerals, energy, timber, agricultural land, fisheries, and water. It also includes all the ecosystem services

that are often invisible to most people, such as air and water filtration, flood protection, carbon storage, pollination of crops, and habitats for wildlife.

Owing to the invisibility of these ecosystem services markets do not capture their true value and the contribution of natural resources to the economy, and consequently what it would cost if these were severely depleted or lost.

For both communities role/PAGE 11

SURIGAO City – Death toll due to the magnitude 6.7 earthquake late evening Friday rose to seven while those injured likewise rose to 120, according to the City Disaster Risk Reduction and Management Council (CDRRMC).

This as the Sangguniang Panlungsod declared on Saturday the city to be under a state of calamity due to the “untold damages in the city to real and personal properties.”

The CDRRMC has no names of the fatalities but the Office of the Civil Defense,

in an update issued 3 p.m.

Saturday, reported six deaths so far, all from Surigao City.

The victims were identified as Roberto Eludo, 40; JM Ariar, 4; Wilson Lito, 35; Lorenzo Deguino, 85; Roda Justina Taganahan, 83; and Wenefreda Aragon Bernal, 66. All died because calamity/PAGE 11

CARD Bank to open three new branches in Mindanao

By CARMELITO Q. FRANCISCO Correspondent

INAUL FESTIVAL. A weaver works on an “inaul,” the traditional Maguindanao handwoven fabric, in the municipality of Buluan as the province celebrates the First Inaul Festival last week. MindaNews photo by Ferdinandh Cabrera

DAVAO CITY -- CARD Bank, Inc., the financial arm of the Center for Agriculture and Rural Development Mutually Reinforcing Institutions (CARD MRI), is opening three more branches in Mindanao this year.

The new branches will be located in Malita, Davao Occidental; Midsayap, North bank/PAGE 11

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Economy 2 Probe ordered on police Church leaders call for ‘salary scam’ in Normin resumption of peace talks

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mon-tue|February 13-14, 2017

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By JIGGER J. JERUSALEM, PNA

HURCH leaders in Northern Mindanao on Friday called on the national government and the National Democratic Front (NDF) to revive talks to achieve lasting peace in the country, particularly in Mindanao.

In a st ate me nt , t he Philippine Ecumenical Peace Platform (PEPP), said that “negotiations should not be scuttled by accusations and counter-accusations.

It suggested that the outstanding issues be threshed out in a principled dialogue over the negotiating

table.

Both parties, the government and the NDF, have been engaged in three formal rounds of talks facilitated by the Royal Norwegian Government in Norway and Italy, which have attained great stride toward attaining peace.

The PEPP also cited the signing of the supplementary agreement to revive and strengthen the Joint Monitoring C ommittee under the Comprehensive Ag re ement on Resp e c t for Human Rights and International Humanitarian

L aw (CARHRIHL) as a success.

P E P P s ai d t h at t h e CARHRIHL and the supplementary agreement is a “viable instrument to address the accusations of both parties that have led to the present breakdown.”

Another positive result of the talks, the group said, was on social and economic reforms where the parties reached an agreement on the first three sections of the draft.

The panelists also agreed to form bilateral working teams to meet continuously before the resumption of the formal talks in April.

PEPP noted there were also encouraging developments on the proposed agreement on political and constitutional reforms.

“These are testaments to the desire of both parties to transcend their differences toward a much larger goal,” PEPP added. The group said it has always “maintained that all signed agreements that were painstakingly negotiated by both parties are signs of hope and should be honored to serve as building blocks for a better future.”

“This recent crisis in the peace talks shows how fragile the peace negotiations are and the people’s vigilance is needed to see to it that the parties involved stay on talks/PAGE 10

POLICE Chief Supt. Agripino Javier, police regional director in Northern Mindanao, on Friday ordered a probe on alleged “salary scam” involving policemen in the region.

P / Supt Su r k i A l d ay Sereñas, regional police command spokesman, said that 30 policemen were initially found to have been claiming their salaries and wages on a 15/30 basis.

He said that the anomaly was exposed when the police regional office ordered a review of the identification of all the names of Police Officer 1 (PO1) and their assigned post in Northern Mindanao.

Aside from getting all the names and assignments of PO1s in Northern Mindanao, Javier also ordered a probe into whether the policemen scam/PAGE 10

DTI urges buyers to use e-Presyo app MAMBAJAO, Camiguin -To drum-up awareness on e-Presyo, the Department of Trade and Industry (DTI) in Camiguin strengthened its information and education campaign (IEC) by putting

up e-Presyo tarpaulins in strategic areas around the province, mostly located in public markets and business establishments. e-Presyo is the name given e-presyo/PAGE 10

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

Livelihood for inmates. The city government through Hapsay Buhay program in partnership with the Department of Trade and Industry (DTI) and Bureau of Jail Management and Penology (BJMP) conducts a livelihood training workshop for the inmates in Lumbia City Jail on February 9. Hapsay Buhay Program Coordinator Patrick Gabutina said that skilled inmates are trained with livelihood program that they can use while they are still inside the jail.(CIO/PIA10)

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

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MONday|FEBRuary 13, 2017

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Motoring GILBERT Y. CHAO - Motoring Editor

The Center of Attention – Ford Focus

The New Focus seamlessly combines the premium look and feel of a luxury car with the space and versatility of a family car. With a transformed front-end design, sharp detailing, and sleek LED tail lamps that perfectly connect to the bodyline, Focus looks like it’s in motion even at a standstill.

With its turbocharger, direct injection and diamondlike coating on the piston rings, the 1.5L EcoBoost® delivers an ultra-responsive performance, with impressive fuel economy and lower emissions. EPAS gives you improved steering performance, precise control, and a natural feel. It constantly adjusts its level of assistance depending on your speed, and helps you maintain control when you encounter unstable

roads or challenging weather conditions. Best of all, it only activates when needed. So you save on fuel.

Hill Launch Assist automatically activates whenever you’re on a hill. Take your foot off the brake pedal, and your Focus will hold the brakes for a few seconds. Hit the accelerator, and you’re off. You never have to worry about rolling backwards again.

With up to six airbags offering you and your family greater protection in the unlikely case of a collision, you can drive with greater confidence and

CAGI holds first general assembly for 2017 Car Awards Group, Inc. (CAGI), a non-profit, non-stock thirteen-year organization held its firstever general assembly for its current and aspiring members.

“For 2017, aside from the usual launch, test fest and awards night, we also plan to further raise more public awareness of the group’s unique and stringent award-giving process,” said newly-elected CAGI president Ronald de los Reyes during their short presentation.

“We want everyone to further realize how esteemed the awards are. The group is also looking forward to reaching and expanding to a much bigger market, “he added.

peace of mind.

For extra traction and stability when cornering, Torque Vectoring Control adds a subtle amount of braking power to the inside wheel. This means both wheels rotate at the same rate, creating a finer sense of control in curves. Strength surrounds you in the form of a robust, computer-optimized, ultrahigh strength, boron steelreinforced body structure.

Pair your mobile device and

use simple voice commands to make calls, play music, and even have text messages read aloud for you. And because it’s voice-controlled, your hands stay on the wheel and your eyes stay on the road. SYNC™2 also includes an upgraded 8-inch color touchscreen, a USB port, and Bluetooth® connectivity.

To know more about the new Ford Focus visit www. ford.com.ph

According to CAGI, the planned activities for this year’s season are: talks in various dealerships, public demonstration tests, fellowship nights and a number of displays in prominent car shows, such as: the Manila International Auto Show, Manila Auto Salon and the Transport Show.

The affair also served as the venue to start the ball rolling for the muchanticipated quest for the Motorcycle of the Year, which is now on its third year of planning and development. The said endeavor is set to test the mettle of CAGI, which for years has already established a strong reputation as a reputable and credible award-giving body.

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Opinion

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monday|February 13, 2017

Muntinlupa’s “5-5” program

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor JOEL ESCOL

BONG FABE

Feature Editor

Associate Editor

CLIFFORD SANTILLAN Layout Artist

JUN AYENSA

shyne campaner

Regional Editor Caraga

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ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

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Men are from Mars Think a minute…Many marriages are not happy simply because the husband and wife don’t understand each other’s needs. Men and women are very different creatures!

Remember the best-selling book, Men Are From Mars, Women Are From Venus? Last time we talked about women’s needs. So today, we’ll look at your husband’s needs.

Number 1: A man needs passion—physical passion.

But also a passionate wife who is fun and a good sport.

Frankly, some wives are just plain boring. Other wives are so grouchy and always serious, that all they seem to do is nag and complain.

Some of us could learn to laugh and lighten up! Not only will it cure our grouchiness and moodiness, but the atmosphere in many homes would definitely improve.

Number 2: A man needs help in the home. And some men more than others. Just a neat house and tasty food.

But we need to care enough to notice and give attention to our husband’s likes and dislikes. Remember the wellknown saying, “The tunnel to a man’s heart runs through his stomach!” And some tunnels are bigger than others.

Number 3: A man needs to feel respected by his wife.

THINK

A Minute

Jhan Tiafau Hurst It doesn’t matter what his job is, our husband needs to know that we are proud of him in his own special strengths and abilities. So nagging him, criticizing him, and comparing him to other men not only hurts him, but it also hurts your marriage and life together.

Friend, only Jesus Christ can help you change to become the wife your husband needs.

Remember, your husband will never be perfect; he’ll still fail you sometimes. But Jesus will never fail you! He will always love, forgive and accept you.

He will also give you His strength you need each day to love and respect your husband without conditions. And that’s when your husband will want to start changing and become the husband you need. Just Think a Minute…

Lucing, a vegetable/fruit vendor, obtains her day’s working capital from Aling Charing, a known lender in the community.

Lucing borrows P1,000 in the morning. With the borrowed money, she goes early to the town’s public market and buys a day’s supply of vegetables and f r uits for res a le to her neighbors.

She lo ads t he go o ds in her wooden pushcart and goes back to her n e i g hb or h o o d s itu at e d along the railroad track two kilometers away. If she sells everything, she makes P1,500 for a day’s work. In the evening, Lucing forks over to Aling Charing, or her collector, P1,200 as payment for the loan, leaving Lucing P300 to partially cover the following day’s food and other family expenses.

That in a nutshell is “5-6 “ - so called because for every P5 borrowed in the morning, the borrower has to pay back P6 later in the day.

For many, it is the only source of credit which can be obtained fast, with no collateral, no complicated application forms. But the price is very steep. Lucing may not realize it. But she pays a whooping interest of 7,200 per cent per annum ever y time she borrows from Aling Charing !!!

The price becomes steeper because to be able to borrow under the “5-6” scheme, Lucing is required to buy household items f rom t he lender as an

“enrollment fee”.

President Rody Duterte has been fuming at this unconscionable practice which is sucking the poor dry. He has even threatened to jail “5-6” lenders.

While the practice may have been originated by the “bumbai” (ethnic Indian traders), enterprising locals have copied the idea and now have a commanding share of the market.

Curbing “5-6” is really a challenge both for the government as well as the public and private banking system. Of late, there has been increasing emphasis on inclusive finance to meet the needs of millions of unbanked. But this requires enormous resources. More sectors have to be involved in the effort.

In its own humble way, the city government of Muntinlupa had started to do its share of the heavy lifting. Starting 2014, City Mayor Jaime R. Fresnedi resumed the city’s Joint Resource Financing (JRF) Program with an initial allocation of P20 million.

Since the program started, more than P40 million has been lent to 4,500 plus micro-entrepreneurs.

Fresnedi is targeting not less than 10,000 borrowers by 2019.

T he pro g r am ma ke s available small business loans, starting at P3,000, to residents of Muntinlupa with at least one ye ar exp er ience in small business. The documentary requirements are quite simple: a voter’s

ID, residence certificate, barangay clearance and a photo of the “business”.

The loan applicant must be at least 18 years old and not above 60, with no pending criminal or administrative charges, no outstanding loan with any other institution or person.

No employee or relative of a city hall employee may avail of the loan.

Once the applicant passes the credit check, the applicant attends a “ b u s i n e s s i n c u b a t i o n” training session where compulsor y savings, among many others, is emphasized.

The loan is absolutely interest free. “ This is ‘5-5’, Muntinlupa’s answer to ‘56’,” explains Marilou Lobo, who oversees the program.

In lieu of interest p ayment, t he applicant signs an undertaking to deposit weekly in his/her own savings account in an accredited bank the total equivalent of 5 per cent of the amount borrowed. The savings are earmarked for further business expansion.

Repayment of principal is done in equal weekly installments over a period of 2 to 6 months, depending on the size of the loan.

In a count r y, w he re government micro-lending suffers from a very high default rate, Muntinlupa’s “5-5” had an average collection rate of 83 per cent during the last three years.

“We are still trying to fine-tune our screening, training and monitoring

SPEAKING

O ut

Ignacio Bunye process to further improve our collection efficiency.”

Lobo pointed out that the usual cause of delinquency is transfer of residence.

Lobo takes pride, however, that for every one borrower who falls by the wayside, 9 microe nt re pre ne u rs succe e d.

Furthermore, a survey of the program’s end-users showed that average family income increased by more than 100 per cent during the the 3 year period.

The city government gives a lot of incentive for prompt repayments. Good payers become eligible for higher loan amounts. Just like Natalia Vidal, a 53year old housewife. With an initial loan of P3,000, Natalia was able to include frozen food items in her mini-gro cer y. She then branched out to baker y which is doing quite well.

She is now the program’s top borrower with a credit line of P 75,000.

Note: You may email us at totingbunye2000@ gmail.com. You may also “like” us on Facebook at “Speaking Out”.

Man has no more concern for others LIFE’S INSPIRATIONS: “… my people are destroyed from lack of knowledge. `Because you have rejected knowledge, I also reject you as my priests; because you have ignored the law of your God, I also will ignore your children…” (Hosea 4:6, the Holy Bible).

-ooo MAN HAS NO MORE CONCERN FOR OTHER MEN: There are now many pieces of proof that show that the world has come to the age of “to each his own”---no one is minded anymore to help a fellow in clear need. This is really sad because they showed how far man has wandered away from t he spiritua l injunction that he should love his fellowmen as he loves himself.

The f irst item was aired by a mid-morning program at a radio station where, i n a n i nter v iew with a lady broadcaster, a woma n na r rated t hat at the time she was being at tacked physica l ly a nd beaten black and blue by a man, no one among those who were around and were actually watching what was happening to her dared to help her or stop her

attacker.

T he second item---a cellphone video clip---was shown in a Facebook post and showed an old man bit i ng t he blooded face and arms of another man, apparently over a dispute as to who would occupy a seat inside a running sub-way train. The video showed people standing nearby, but, for one reason or another, nobody inter vened, and just let the incident happen right before their very eyes.

-ooo H EL PI NG OT H ER S , OBEDI ENCE TO G OD: The Biblical admonition to help others is found first in Matthew 22. In its verses 34 to 40, Matthew 22 says: “Hearing that Jesus had silenced the Sadducees, the Pharisees got together. One of them, an expert in the law, tested him with this question: `Teacher, which is the greatest commandment in the Law?’ “Jesus replied: `Love the Lord your God with all your heart and with all your soul and with all your mind.’ This is the first and greatest commandment.

And the second is like it: ‘L ove you r neig hbor as yourself.’ All the Law and

the Prophets hang on these two commandments’...”

Second, this admonition is also found in Matthew 25:41, where Jesus Christ, o u r G o d a n d S a v i o r, cla r i f ied t hat for t hose who fed the hungry, gave water to the thirsty, visited the sick and the jailed, they actually fed, gave water and visited God Himself.

-ooo OBEYING GOD LEADS TO PROSPER IT Y A ND SUCCESS: Why are many, ma ny p e ople aver s e to helping their fellowmen during t hese days?

Well, many will say that oftentimes, those who try to help others are the ones who get maimed or prejudiced or, in some cases, who get killed. The perception is that, nothing good comes out of helping others.

But t his is a k ind of t hi n k i ng which bet rays lack of k nowle d ge a nd understa nding of God ’s faithfulness to those who obey His commands. This is a kind of thinking that does not know that when we obey God’s commands, He will be there for us and not only help us, but will see us through every problem that will come our way because

K akampi

Mo A ng Batas

Atty. Batas Mauricio we obeyed His admonition that we should love others as we love ourselves.

We must therefore strive to do what God wants us to do, and we can jumpstart this by reading the Bible everyday, meditating on it day and night, and obeying all that He commands us to do. Then, we will become prosperous and successful.

-ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible Exposition and prayer session online, could now be heard 24/7 (24 hours a day), in the Philippines and the world a t w w w. f a c e b o o k . c o m / ang tangingdaan. Phone: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

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tuesday|February 14, 2017

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Billboard

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tuesday|February 14, 2017

Mindanao Electric Cooperatives choose AboitizPower’s cleanergy S

​Hedcor’s Sibulan Hydro B Plant located in Sta. Cruz Davao del Sur. Hedcor currently operates 22 hydro power plants in the country. Five of which are located in Davao City, four in Davao del Sur, 11 in Benguet, one in Mountain Province, and one in Ilocos Sur. These power plants produce a combined 185 MW of clean and renewable hydro power energy.

English grammar

By ARDETH MAE V. HAJAN Teacher I Lala National High School

ENGLISH grammar is the way in which meanings are encoded into wordings in English. This includes the structure of words, phrases, clauses and sentences right up to the structure of whole texts. There are historical, social, cultural and regional variations of English. Divergences from the grammar described here occur in some dialects of English.

If you just started learning English, you first need to know some basic rules of the language. Developing a solid foundation in English grammar will not only help you create your own sentences correctly but will also make it easier to improve your communication skills in both spoken and written English.

You will learn about singular and plural nouns, count nouns versus noncount nouns, possessive nouns, pronouns, be verbs, action verbs, adjectives, comparative and superlative adjectives, adverbs, simple tense, progressive and perfect tense, perfect progressive tense, irregular verbs, gerunds, infinitives, active and passive voices, indicative, imperative and subjunctive moods, auxiliary verbs, prepositions, conjunctions (coordinating and correlative, subordinating), conjunctive adverbs, articles, interjections and capitalization.

By teaching grammar, we not only give our students the means to express themselves but w4e also fulfill their expectations of what learning a foreign language involves.

ix electric cooperatives in Mindanao have started their shift towards a more balanced mix of energy sources starting this year after signing up with the clean renewable energy of AboitizPower subsidiary Hedcor.

Z amb o ang a d el Su r Electric Cooperatives 1 and 2 (ZAMSURECO 1 and 2), Zamboanga del Norte Electric Cooperative (ZANECO), Bukidnon Second Electric Cooperative (BUSECO), Misamis Occidental I Electric Cooperative (MOELCI I), and Siargao Electric Cooperative (SIARELCO) have signed Renewable Energy Supply Contract (RESA) with Hedcor which is building the 68.8MW Manolo Fortich hydro power project in Bukidnon.

The project is slated for completion this year.

“We are happy to have provided the electric

cooperatives in Mindanao with the renewable energy option. By signing up with Hedcor, there are giving their member-consumers the benefits of renewable e n e rg y a s we l l a s t h e benefits of a balanced mix of energy sources,” Hedcor VP for Mindanao Operations Rolando Pacquiao said.

Hedcor has signed up a total of 23MW of power contracted by its existing customers. Out of this, ZANECO which ser ves the area in and around Zamboanga del Norte and the cities of Dipolog and Dapitan has signed for a total of 10 MW. Zamsureco 1 and Zamsureco 2 which services the rest of Z amboanga peninsula signed for 3 MW each. BUSECO with franchise locations all over Bukidnon including areas in Malaybalay City, Manolo Fortich, and Valencia City, signed for

5 MW. While MOELCI 1, currently servicing some municipalities in Misamis Occidental, and SIARELCO, covering at least nine towns in Siargao island, each signed for 1 MW of power supply.

“We hope other electric c o op e r at ive s w i l l t a ke advantage of renewable energ y to add to their portfolio and the benefits of a RESA contract,” Pacquiao said.

He d c or, t h e l ar g e s t developer of a run-of-river hydropower plant in the country, is set to complete its 68.8 Megawatt (MW) Manolo Fortich Hydropower Plants located in Bukidnon by third quarter this year.

These hydropower plants will produce 360-GWh of clean and renewable energy every year for the Mindanao grid ensuring ample power supply to meet the increasing power demands of the region.

Primavera City Offers FEB discount of up to P200K D o you w ant to i nve st and live in a truly ecof r i e n d l y c on d om i n iu m in the city of Cagayan de Oro at the most reasonable deal? Primavera City, the new premier project of the multi-awarded listed green developer Italpinas Development Corporation (IDC), unveils its F.E.B (For Every Buyer) Promo with a discount of up to P200,000!

As a Valentine’s gift, IDC offers you to enjoy savings of up to P200,000.

It is the month of love and definitely the right time to purchase the unit of your choice now as the promo is valid to all Februar y buyers only.

“At Italpinas, we do not

only ensure that we provide our clients with first class amenities and affordable condominium investments, but we also see to it that we please them with special deals. The F.E.B promo allows our Primavera City’s buyers to enjoy big time savings, giving them more chances to purchase the unit of their dream and to invest in the only ecobuilding in the city,” said Gladys Enchano, IDC Sales Consultant.

As a sustainable development, Primavera City will be designed with natural ventilations within the building and will harness efficient energy s y s t e m s f or it s e n e r g y and co oling ne e ds t hat

will save up to 33% on its maintenance costs.

Prominently positioned at the booming Uptown Cagayan de Oro, Primavera City will provide residents w it h a sust ai nabl e and peaceful living experience.

This 12-storey building situated in a 110-meter above sea level is st rateg ica l ly lo cate d to withstand natural calamities. Built-in with world-class amenities, Primavera City will offer mu l t i f u n c t i o n a l r o o m , fitness center, unlimited WIFI connection, swimming pool, safe playground, and a 24/7 hour reception and security to its residents.

Primavera City is a

seven-tower eco-friendly integrated development.

The construction of the first tower is expected to finish by the fourth quarter of 2018. The six towers will compose of residential, of f i c e an d c om m e rc i a l spaces. The seventh tower is envisioned to be a first class hotel.

What are you waiting for? Visit our Sales Office at the 2F Primavera Residences, Pueblo d e O ro B u s i n e s s Par k , Upper Carmen, Cagayan de Oro. To k now more about the project, visit at www.primaveracity.com.

Please free to contact us anytime at 0917-792-1078, (088) 880-5002 or sales@ italpinas.com

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

tuesday|February 14, 2017

Banking&Finance

Fitch Ratings affirms credit stability of 8 PH banks F I TC H R ati ng s on Wednesday affirmed the ratings of eight Philippine-based banks, including two government financial institutions, as it continues to see strong state backing and improvement of the the private banks’ asset quality and profitability.

In separate statements, the debt rater affirmed the ‘BB+’ rating with positive outlook on the long-term issuer default ratings (IDRs) of the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LBP).

These ratings, it said, “reflect Fitch’s expectation of extraordinary sovereign support for both banks in times of need.” ”Fitch believes that the sovereign would have a

PHL foreign reserves hits $81 B in January ‘17 GROSS international reserves (GIR) of the Philippines rose to $81.04 billion in January 2017, higher than the $80.7 billion last December and the $80.7 billion in January 2016, data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed.

In a statement, BSP officer-in-charge Nestor A. Espenilla Jr. traced the higher foreign exchange reserves to inflows from the net foreign currency deposits of the national government (NG) with the central bank.

Other factors include the revaluation adjustments on the central bank’s gold holdings, following the uptick of gold prices in the international market, and the income of central bank’s investments overseas. reserves/PAGE 10

strong propensity to provide extraordinary support to DBP and LBP, if needed, given their full government ow n e r s h i p a n d p o l i c y mandate,” it said.

It e x pl ai ne d t hat “probability of state support is assessed to be moderate overall, taking into account the sovereign’s financial strength.” ”DBP and LBP do not benefit from blanket government guarantees on their liabilities, have received capital support from the state only infrequently on an ad hoc basis and are required to remit dividends to the national government to support the sovereign coffers.

These characteristics indicate the two banks’ self-sufficient operations, stemming from their largely commercial approach to lending, in our view,” it said.

The private banks whose ratings were also affirmed are Ayala-led Bank of the Philippine Island (BPI) ‘BBB-’; Sy-led Banco de Oro Unibank Inc. (BDO), ‘BBB-’; Ty-led Metropolitan Bank & Trust Company (Metrobank), ‘BBB-’; Henry Sy’s China Banking Corporation (ChinaBank), ‘BB+’; Tan-led Philippine Nat i on a l B an k ( P N B ) , ‘BB+’; and Yuchengco-led

Rizal Commercial Banking Corporation (RCBC), ‘BB+’.

Outlook on all these ratings is Stable.

Fitch said ratings on BPI, BDO and Metrobank “reflect their strong domestic franchises, diverse revenue streams and adequate riskmanagement frameworks, which help to underpin their steady asset quality, above-average profitability and healthy balance sheet buffers.”

“BPI’s ratings also give credit for its historically pr u d e nt r i s k app e t it e , and superior profitability, and funding and liquidity metrics,” it said.

For the other three, Fitch said these “have generally shown a greater appetite for growth in recent years as they seek to gain scale and share.”

“But Fitch expects that they will display broadly stable asset quality and prof itability backed by acceptable risk controls as they grow.”

Fitch expects the banks to benefit from the positive outlook the credit rater have for the Philippine economy for the next two years due to resiliency of domestic consumption and strong investment growth.

“Headwinds for overseas

remittances and businessprocess outsourcing revenues - two important drivers of domestic consumption - may rise, but we still expect both inflow streams to remain broadly resilient for now in the absence of more pronounced and immediate threats,” it said.

“The current government’s plans to accelerate infrastructure spending should provide an added boost to domestic activity, and the authorities retain adequate policy flexibility to offset a weakening in economic conditions or greater financial market volatility. We expect credit growth in the mid- to highteens against this backdrop,” it added.

As of end-December 2016, bank lending, excluding placements in the Bangko Sentral ng Pilipinas’ (BSP) reverse repurchase (RRP) facility, remain strong with an expansion of 17.2 percent.

Fitch forecasts gradual tightening of liquidity due to external factors and sustained credit growth. “ H o w e v e r, s y s t e m liquidity should remain adequate given the significant pool of funds currently held with the central bank that can be released to meet demand when required,” it added.

BSP’s rediscount facilities post zero availment rate in January ‘17 HIGH liquidity situation in the Philippines resulted to non-availment by banks of the Bangko Sentral ng Pilipinas’ (BSP) rediscount facilities in January2017.

BSP Deputy Governor Diwa Guinigundo traced this to the high liquidity situation in the domestic economy.

“The market remains very

liquid that banks do not need to source their funds from the BSP at market rates,” he told PNA in a text message.

“To me, that is good because this means banks can source their own funding without having to run to BSP,” he added.

The BSP maintains a Peso Rediscount Facility and an

Exporters Dollar and Yen Rediscount Facility (EDYRF).

These facilities extend loans to banks, which in turn peg their availments against the loans they extend to their clients.

To date, the Yen rediscount facility has not been tapped even once. (PNA) FPV/JSV/EDS

7 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

PLANTERS DEVELOPMENT BANK

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

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

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

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

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

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

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

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

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054

Interfaith Advocates gather at the UCCP Cagayan de Oro Church last Feb 1 for the celebration of World Interfaith Harmony Week. (photo by Mike Baños, NPN)

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

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

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

8

Motoring

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tuesday|February 14, 2017

Ford to build more EVs

T

HE FORD MUSTANG and F-150 will soon have hybrid-powered versions.

This was announced by Ford Motor Co. as the car maker last week confirmed that seven of its 13 new hybrid

and electric vehicles (EVs) planned to be introduced g lob a l ly w i l l ar r ive in showrooms in the next five years. The first seven models will include the F-150 Hybrid, Mustang Hybrid and Transit Custom plug-in hybrid. A

fully electric SUV that’s intended to have a range of at least 500 kilometers is expected to be sold by 2020 in Asia, North America and Europe, Ford said.

The F-150 pickup -the company’s best-selling

Ford Mustang Hybrid

model -- will be sold in North America and the Middle East, and is also scheduled for 2020. It will offer “powerful towing and payload capacity,” and can operate as a mobile generator, according to the car maker.

It added that the hybrid Mustang would continue to “deliver V8 power” while having even more low-end torque. The car will arrive in 2020 in North America, but will eventually be sold in other markets.

Earmarked for Europe is Transit Custom plug-in hybrid, which is set to be available in 2019. Meanwhile, two new pursuit-rated hybrid police vehicles are also planned for release in the US before 2020.

Ford said it is presently testing a fleet of 20 Transit Connect hybrid taxi and

van prototypes in New York and other major US cities.

The vehicles follow the Ford Escape Hybrid -- the world’s first hybrid SUV, as well as the first North Americanbuilt hybrid -- taxis, many of which, according to the car maker, have racked up more than 500,000 kilometers while still using their original batteries.

Ford noted its lineup of new hybrids will rely on EcoBoost -- the company’s turbo-charging technology - - e ng i ne s to i mprove performance and fuel

economy.

A fresh $700-million investment, spread over the next four years, has been allotted for the company’s Flat Rock, Michigan assembly plant from where the new electric and hybrid models are to be built. Ford said a fully autonomous vehicle for ride-hailing or ride-sharing services will also be produced there.

Scrapping plans of setting up a new plant in San Luis Potosi, Mexico has freed up resources for the Flat Rock development, Ford said.

DepEd brings back Bayanihan

By JOY S. PANGAN South City Central School

United we stand, divided we fall, so the saying goes.

Perhaps, we may be are not united as a nation but DepEd brings back bayanihan into the system. All public schools over the country join Brigada Eskwela every year before the opening of classes in June.

In our school, the effectiveness of the spirit of “pahina” or what we call “bayanihan system” is very much alive. The Institutionalization of the Brigada Eskwela or the National Maintenance Week (NMW) revives the spirit of group work among pupils, parents, teachers, concerned citizens, stakeholders, alumni and administrators of South City Central School.

Bayanihan is an orient Filipino custom, symbolizes the Filipino way of group work. As found in the

Vocabulario de la Lengua Tagala (1745) by P. Juan de Noceda and P. Pedro de Sanlucar, the word bayanihan derived from the rootword b ayani me aning “O bra comun” or group work.

The bayanihan system was best shown through the leadership of SCCS administrators, teachers and staff, GPTA Officials and parents. They put life to the surroundings through landscaping, general cleaning and removing the garbage from our school canals.

Teachers spend their Saturdays and Sundays b eautif ying their areas and rooms and concerned parents whose support never ends are also present. We now have a very attractive school where we see parks, all catching the attention at the entrance of our gate.

With these, our school becomes more conducive to learning. Pupils love coming to school everyday. This is what education can do!

We may not be united as a country but as we see active parents, pupils, teachers, GPTA Officers, stakeholders, administrators working together in a spirit of faith, love, and charity, we know there is still hope for further unity. And it has to begin within us and in each one of us.

We can’t buy happiness but it can be given away by people having big hearts.

This fine spirit of group work instilled in the minds of the younger generations and serve as reminders to us adults, help develop proper attitude towards all forms of teamwork at home, in school, and in the community.

What we thought a culture considered very old and

seemed forgotten, has been brought back and given life…

Thank you DEPED! Bayanihan system could be a basis for strengthening and enriching our group life that will bring a strong unity properly directed towards useful citizenship.

To our GPTA Officers, Barangay Nazareth Officials, s ch o ol a d m i n i st r ators , t e a c h e r s a n d p a r e nt s , stakeholders, alumni, receive our praises and admiration.

Looking forward to working you all together as SY 20162017 is going to end in April 2017. Time flies fast and we will not notice classes are almost over and will certainly begin coming June 2017.

All your endeavors will not be in vain. Keep up the good work! Remember, according to Dr. Kevin Leman William Pentak, “If it is greatness we want, it is greatness we must give.”

(SPG) Officers of Severo Sara Memorial School on their three planting activity

By MERLYN R. BORBON - SCHOOL PROPERTY CUSTODIAN SEVERO SARA MEMORIAL SCHOOL

In support of The Executive Order 26, s. 2011 describes as the National Greening Program (NGP) which converges the efforts of all sectors of the society to plant some 1.5 billion trees covering about 1.5 million hectares for a period of six (6) years. From 2011-2016, in lands of the public domain, civil and military reservations and urban areas, Department of Education, Iligan City division joined hand in the tree planting drive activity to strengthen the awareness and responsible stewardship to our natural resources and to protect lives and properties among Iliganon’s.

DepEd Iligan City scheduled a mangrove tree planting activity participated

by interested sectors coming from elemenetary, secondary and tertiary level in all public and private institution within Iligan City.

Last September 16, 2016 Ten (10) Supreme Pupil Government (SPG) officers of SSMS headed by their adviser Mrs. Lourdes P. Sumaya, some teaching staff, parents and chaperons participated in the tree planting activity at Bayug Island, Bayug, Iligan City.

As early as 5:00 o’clock in the morning, the group assembled at the waiting shed of Purok #2 Tag-ibo, Dalipuga, Iligan City for the checking of attendance and a short orientation w h i l e w ait i ng for t he transportation in going to Bayug Island. The group

arrived at the venue at around 5:45 a.m., upon the arrival, each participant were given Two (2) mangrove seedlings, bamboo sticks and strings, then we proceeded to the planting site. There, we were amazed of the number of young participants who wants to be a part of this venture of helping save the environment through tree planting activity. It was so touching that at a young age they are already aware of what is going on in our environment and they have the passion to help save their own little way. Awhile after, a representative from the organizers assisted us where to plant the mangrove seedling and how to do it without harming the seedling. Pupils were very

excited as they moved in barefooted in the water.

They planted their seedlings supported by the bamboo sticks and secured with string tie. They accomplished the task with big smiles on their lips knowing that they have done something very special and worthy activity for that particular day.

Indeed it was an unforgettable experienced for the SPG officers of SSMS because they have contributed an act of saving ‘’MOTHER NATURE’’. After the tree planting activity, we all go back to our respective homes with hope in our hearts that the seedling we planted will bloom, survive and protects the environment and the little creatures that relies on it.

D-Max X-Series

Isuzu brings out new D-Max variant ISUZU PHILIPPINES Corp.

(IPC) on Jan. 27 introduced the latest version of the X-Series line for its D-Max pickup model. The new D-Max X-Series, which sees equipment upgrades, is pitched by the company as the “perfect lifestyle vehicle for young and dynamic families.”

Identifying the X-Series are a gun-metallic radiator grille with a red Isuzu badge and an aerodynamic package composed of skirts front, side and rear, as well as cargo “spoiler” fitted on top of the truck’s bed. Two-tone 18inch alloy wheels and red striping on some of the aero pieces complete the external upgrades.

In the cabin, the truck gets black leather seats that have red stitching and special X-Series badges. A piano black finish on the various panels further polish up the look.

“There is no denying that

the Isuzu D-MAX is an ideal vehicle for leisure activities and is also a highly capable workhorse. With the arrival of the new D-Max X-Series, the model now addresses the lifestyle mobility requirement of active and urbane families, too,” said IPC President Hajime Koso during the pickup’s launch event.

The X-S eries line is available exclusively to the D-Max 3.0L 4x2 variant, which is powered by an inline-four diesel engine equipped with a variable ge omet r y turb o charger and intercooler, as well as common rail direct injection.

Either a five-speed automatic transmission with sequentialshift function or a five-speed manual gearbox can be paired to the engine.

The D-Max X-Series is available in Splash White, Venetian Red and Cosmic Black colors. Prices are set at P1.260 million and P1.330 million.

Local vehicle sales grow 27.8% in January 2017 SALES of local vehicles reached 30,425 units in January this year, up 6,617 units or 27.8 percent from 23,808 units in January last year, data released Friday the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) show.

“Although we expected lower sales due to seasonality, reaching 30,000-unit level in January is a good start for the industry,” said CAMPI President Atty. Rommel

Gutierrez.

Both passenger car and commercial vehicle segments have strong sales increase in January.

Pa s s e n g e r c a r s a l e s accelerated by 27.2 percent to 10,984 units this year from 8,632 unit sales in the previous year.

Commercial vehicle sales also increased by 28.1 percent year-on-year from 15,176 units to 19,441 units.

Light commercial vehicles shared largest sales for this sales/PAGE 10

9

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monday|February 13, 2017

4ID condemns terror attack in Bukidnon CAMP EVANGELISTA, Cagayan de Oro City-- Army’s 4th Infantry Division has condemned the terror attack in Talakag town, Bukidnon, saying no letup in pursuit operation.

“This is another terroristic attack perpetrated by the New People’s Army (NPA) organized crime group. They again attacked a legitimate company under taking development projects, which will cause unwarranted delay in projects that are supposed to uplift the condition of our people. Moreover, they killed another innocent civilian,” 4ID commander MGen Benjamin R Madrigal Jr. said.

Madrigal also said he has already directed its battalions that there will be no let up on their pursuit operation.

“We will not let these terror group sow fear among our people in Bukidnon,”said the 4ID commander.

NPA terrorists stormed Brg y Tikalaan, Talakag, Bukidnon at around 5 a.m. on February 9, 2017, killed one resident, burned four heavy equipment and a generator set, carted five motorcycles from the commuters, and kidnapped one Philippine Nat i ona l Pol i c e ( PN P ) p ers onnel and anot her unidentified person. condemns/PAGE 10

Local govt extends one-stop shop for entrepreneurs MAMBAJAO, Camiguin Camiguin holds Business One Stop Shop (BOSS) on for the entire month of January to facilitate fast, easy and convenient business registration system.

All national line agencies and local government units (LGUs) extended its services i n e ve r y tow n arou n d the province pooling all approving personnel in one place.

Aside from the one-stop registration, BOSS also offers application or renewal of business permits such as the issuance of zone clearance, building inspection clearance and sanitation clearance.

T h e D e p a r t m e nt of Trade and Industry (DTI) meanwhile provided personnel in support to the LGUs. O t h e r p a r t i c i p at i n g agencies include the Social S e c ur it y System (SSS), Philhealth, Bureau of Fire Protection, Bureau of Internal Revenue (BIR) and the Philippine National Police (PNP).

DTI meanwhile continue to urge LGUs to sustain a systematic and efficient business licensing and registration system for a business and investor friendly environment. shop/PAGE 10

Republic of the Philippines REGIONAL TRIAL COURT-10th JUDICIAL REGION Branch 42, Medina, Misamis Oriental -oOoIN THE MATTER OF THE PETITION TO APPROVE THE WILL OF POLYCARPO RUBIN GUMAPO-DECEASED…

SP. PROC. CASE NO. 333-M

JANE P. GUMAPO,

Petitioner. x------------------------------------/ ORDER On November 10, 2016, a petition for the approval of the alleged will of the late Polycarpo Rubin Gumapo was filed by Petitioner JANE P. GUMAPO (JANE). On December 01, 2016, the original Holygraphic Will consisting of two (2) pages was transmitted to this Court by Clerk of Court Atty. Joan D. Abucejo-Vallejos.

JANE alleged that the late Polycarpo Rubin Gumapo, a resident of Sitio Buyogon, Bgy. Duka, Medina, Misamis Oriental, died on September 22, 2016. JANE prayed that he be issued letters testamentary or be appointed as administrator of the will.

Let this petition be heard on March 2, 2017 at 2 o’clock in the afternoon. Any and all persons who have any opposition to the petition for the approval of the will and/ or to the appointment of JANE as administrator, may appear and show cause why the petition should not be granted.

At the expense of Petitioner JANE, let this Order be published in Cagayan de Oro Times, Tanleh Bldg., Abellanosa St., Consolacion, Cagayan de Oro City, a newspaper of general circulation in the Province of Misamis Oriental, at least once a week for three consecutive weeks.

So ordered.

Done in Chambers on January 18, 2017 at Medina, Misamis Oriental.

BWM: Jan. 30, Feb. 6 & 13, 2017

(Sgd.) JUDY A. SIA-GALVEZ Presiding Judge MCLE Exempt #V-789 10/27/15

NTC hails solons for reviewing telecom permit process

C

AGAYAN de Oro C ity is the f irst local government unit that is reviewing the permitting process for telecom companies.

During the meeting of the City Council committee on public utilities chaired by Councilor Teodulfo Lao Jr., the National Telecommunication Commission (NTC) official hailed the City Council for being the first to initiate efforts to simplify the process.

NTC Region 10 regional director Teodoro Buenavista said this is in line with the policy of President Rodrigo Duterte.

“In response to President Duterte’s call to streamline we are the first to respond,” he added.

The committee invited the NTC, the managers of PLDT,

Smart and Sun Cellular Communications, Globe Telecom, and concerned department heads to discuss the proposal of Councilor Edna “Inday” Dahino to review pertinent provisions of Ordinance No. 9119-2004.

The ordinance establishes guidelines for the issuance of s o c i a l a c c e pt abi l it y endorsement for the construction, operation and maintenance of base stations of cellular mobile telephone ser vice, paging ser vice, trunking service, wireless local loop service and other wireless communication service.

SPECIAL REPORT It may be recalled that in her special report last Monday, Councilor Dahino called for the streamlining of permitting process in

Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE Province of Misamis Orietal Cagayan de Oro City NOTICE OF PUBLICATION In compliance with Section 5 of R.A. No. 9048, a Notice is hereby served to the public that RUEL SHARON VIRTUD SAGUN has filed with this office, a petition for Change of first name from RUEL to RUEL SHARON in the certificate of live birth of RUEL VIRTUD SAGUN who was born on June 15, 1981 in CAGAYAN DE ORO CITY and whose parents are THOMINESCIO LADERA SAGUN and ARCELY VEGA VIRTUD. Any person adversely affected by said petition may file his written opposition with this Office not later February 13, 2017.

BWM: Feb. 6 & 13, 2017

(Sgd.) NORMA S. DIPUTADA City Civil Registrar

Republic of the Philippines Supreme Court REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE: EJF NO. 21-78 Upon extra-judicial petition for sale in accordance with provision of Republic Act No. 720, as amended filed by 1st VALLEY BANK, INC., President/Chief Executive Officer, ATTY. NICOLAS J. LIM, Mortgagee, against MELITONA ROMANDE CARPIO of Corner Consunji Lluch St., Iligan City, Mortgagor, to satisfy the mortgage indebtedness the principal amount of ONE HUNDRED FIFTY THOUSAND PESOS (Php150,000.00), becomes due, exclusive of interest, penalties, publication, Sheriff’s expenses and other related incidental foreclosure expenses, the undersigned or his duly authorized deputy will Sell at Public Auction on April 19, 2017 at 10:00 o’clock in the morning to 2:00 o’clock in the afternoon at the Office of the Clerk of Court, this Court to the highest bidder, for CASH or MANAGER’S CHECK and in Philippine Currency, the described real property with all its improvements thereon, to wit: TRANSFER CERTIFICATE OF LTITLE NO. T-12,411 Registry of Deeds of Lanao del Norte A parcel of land Lot 322-E of the subdivision plan Psd-12-009543,being a portion of Lot 322, Lala Pls-13 (H-112592) situated in the Barrio of Pinamparan (now, Tunaan), Municipality of Lala, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., along line 1-2 by Road; E., along lines 2-3-4 by Lot 322-F of the subdivision plan; S., along line 4-5 by Lot 323, Lala, Pls-13; W., along lines 5-6-1 by Lot 322-D of the subdivision plan. Registered in the name of MELITONA P. ROMANDI, of legal age, Filipino, married to ERNESTO G. CARPIO and residents of Iligan City.

Containing and area of TWENTY FOUR THOUSAND NINE HUNDRED TWENTY EIGHT (24, 928) SQUARE METERS, more or less.

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

In the event the Public Auction should not take place on the said date, it shall be held on April 26, 2017, without further notice.

Kapatagan, Lanao del Norte, Philippines, January 31, 2017.

(Sgd.) ATTY. BERNARDINO M. BERING Clerk of Court VI & Ex-Officio Sheriff

BWM: Feb. 6, 13 & 20, 2017

the grant of authority to telecommunication providers to establish and install telecommunication towers

in the city.

This is an offshoot of the meeting conducted by hails/PAGE 10

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL SUR 12th Judicial Region Branch 10 Hall of Justice, Marawi City IN THE MATTER OF CANCELLATION OF THE CERTIFICATES OF LIVE BIRTH OF NOAIM RANDA ABBAS NOAIM RANDA ABBAS assisted by His father ABBAS BENITO ABDULSALAM,

Petitioner,

-versus-

SPL PROC. 2420-16

THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL OF THE PHILIPPINE STATISTICS AUTHORITY AND THE CIVIL REGISTRAR OF MAGUING, LANAO DEL SUR,

Respondent.

X------------------------------------------------X ORDER Before this Court is a verified petition for Cancellation of the Certificate of Live Birth of Noaim Randa Abbas dated October 31, 2016 and which reads in part: 1. Petitioner is Filipino, 13 years old, single and a resident of Malungun, Maguing, Lanao del Sur. For purpose of his petition, he is assisted by his father ABBAS BENITO ABDULSALAM, of legal age, Filipino, married ad resident of Malungun, Maguing, Lanao del Sur, where he may be served with summons and other court processes; 2. Respondent is the incumbent Local Civil Registrar of Maguing, Lanao del Sur whose officeis located at Municipal Hall, Maguing, Lanao del Sur, where he/she may be served with orders and processes of this Court.

3. Petitioner was born on October 05, 2003 at Malungun, Lanao de Sur to spouses Abbas Bernito Abdulsalam and Naima Dalimbang Randa, whse birth was belatedly registered by the petitioner’s father, a copy of Certificate of Live Birth with Registry No. 2014-538 is attached as Annex “A”.

4. Unknown to the father, said birth was previously registered by the petitioner’s wife in 2004, under Registry No. 2004-183, where the petitioner’s date of birth and surname were erroneously entered as OCTOBER 07, 2003 instead of OCTOBER 05, 2003 and HADJI NAIM instead of ABBAS; 5. The existence of another Certificate of Live Birth, which contain erroneous entries, was discovered only when the petitioner’s father secured petitioner’s Certificate of Live Birth from the Philippine Statistics Authority (PSA), a copy of said Certificate of Live Birth is attached as Annex “B”, 6. Petitioner is consistently using the name NOAIM RANDA ABBAS and is the name reflected on his school records as shown in his PROGRESS REPORT CARD issued by the Malungun Elementary School, Maguing, Lanao del Sur and IDENTIFICATION CARD (id) issued by the Malungun Elementary School, Maguing, Lanao del Sur attached as Annexes “C” and “D”, 7. The true and correct name of petitioner’s father is ABBAS BENITO ABDULSALAM as evidenced by his CERIFICATE OF MARRIAGE, PASSPORT, IDENTIFICATION CARD (ID) and VOTER’S IDENTIFICATION CARD (ID), attached as annexes “E”, “F”, “G” and “H”, responsively, 8. This petition is filed without slightest intention in defraud or prejudice the government or any person, its ultimate purpose is to rectify erroneous entries in the public records; 9. Petitioner submits that nobody will be prejudice by granting this petition nor is there a pending case filed against him.

Finding the aforesaid petition to be sufficient in form and substance, it is hereby ordered that the same be set for hearing before this Court on MARCH 8, 2017 at 8:30 o’clock in the morning.

Let a copy of this Order be published at the expense of the petitioner in a newspaper of general circulation in Lanao del Sur or Marawi City or Iligan City for three (3) consecutive weeks.

The Local Civil Registrar of Maguing and Civil Registrar General, or any person or party who has interest in the petition, may file his/her opposition there to within fifteen (15) days from notice of this petition or from the last day of publication of this Order.

Further, let this Order be posted for fifteen (15) days prior to the date of hearing in the Bulletin Board of the Local Registrar of Maguing and Bulletin Board of this Court, at expenses of the petitioner.

The petitioner is directed to notify this Court of the publication of this Order not later than three (3) days before March 8, 2017.

Furnished copies of this Order, together with the copies of the petition to the Local Civil Registrar of Maguing the Hon. Solicitor General, Makati City and Hon. Civil Registrar General, Philippine Statistics Authority (PSPA). Sta Mesa, Manila

SO ORDERED Marawi City, Lanao del Sur, Philippines, January 10, 2017

BWM: Feb. 6, 13 & 20, 2017

(Sgd.) WENIDA B.M. PAPANDAYAN Presiding Judge

10

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monday|February 13, 2017

Talks... from page 2

course. But all is not lost as there is a people’s clamor for the peace talks to continue,” it added.

The PEPP statement was signed by Archbishop Antonio Ledesma, Rev. Fr. Rex Reyes Jr., Bishop Noel Pantoja, Bishop Deogracias Iniguez Jr., and Sr. Mary John Mananzan.

The PEPP is a platform for five church institutions, namely, the Catholic Bishop’s Conference of the Philippines, National Council of Churches in the Philippines, Association of Major Religious Superiors of the Philippines, Philippine C ounci l of Evangelical Churches, and the Ecumenical Bishops Forum. (PNA)

Scam... from page 2

were actually performing the assigned duties and functions, Sereñas said.

According to Sereñas, the policemen involved were reportedly found out to have been receiving salaries every 15th and 30th of the month without performing any police work in connivance with higher police officials. “ The police regional director has ordered an investigation to validate whether the policemen were really involved in a ‘salary scam’ in connivance with their superiors,” Sereñas said.

He said that the anomaly was exposed as the regional police command launched its program on Strengthening Internal Discipline and Service Oriented Practice of Personnel in Northern Mindanao this week. (PNA)

e-Presyo... from page 2

to the newly established Online Price Monitoring System (OPMS) of the DTI with the main purpose of providing easy access to the latest suggested retail prices (SRP) for prime commodities and basic necessities.

DTI said e-Presyo does not even require sign-up when

the application is accessed online, easily downloadable both in personal computer and in a smart phones.

Another important feature is the Monitored Prevailing Prices and Stores with the lowest prices and the Comparative Prevailing Prices- a week ago, a month ago, three months ago and a year ago.

Another use of the App is when comparing store prices for basic necessities and prime commodities against the Suggested Retail Price (SRP). (Zita M. Abellare, with reports from Varry Labial, DTI-Camiguin/PIA-10)

Sales... from page 8

segment, selling 12,340 units last month from 9,678 units in January 2016 -- an increase of 27.5 percent.

Asian utility vehicle sales grew by 26.1 percent yearon-year to 6,026 units from 4,780 units.

Likewise, sales of trucks and buses had increments at the start of the year.

Light trucks segment jumped it sales by 60.7 percent year-on-year to 630 units; trucks and buses category IV surged its sales by 74.4 percent to 272 units, while category V had an increase of 1.8 percent to 173 units.

The local auto industry is targeting to reach the 450,000 unit sales for this year, which industry experts noted as “conservative target” for 2017.

“We welcome appropriate measures that will not hamper the growth of the auto industry as it positively contribute to the economy,” Gutierrez said.

Meanwhile, market leaders at the start of the year were Toyota, Mitsubishi, Ford, Honda, and Nissan. (PNA)

By ROYCE R. VILLONDO T-3 Lala National High School Lala, Lanao del Norte

Lala is a vast plain within t he Kap at ag an v a l l e y consisting of 14,025 hectares. Composed of 27 barangays, it is the most progressive municipality in the province of Lanao del Norte. Lala became a regular municipality in 1949 by virtue of Executive Order No. 208 issued by then President Elpidio Quirino.

Lala is the most densely populated municipality of the province due to the fast urbanizing barangay which is Maranding. Its population is largely rural though which is more of less 70 percent of the total population. There is predominance of male and young population.

Condemns... from page 9

According to the report from the PNP investigators of Talakag Municipal Police Station, the NPAs are on board two dump trucks and one L300 van when they raided Lito Siagan Atoy at his residence in the said community.

Some of the NPA were wearing camouflage uniform with National Bureau of Investigation (NBI) caps and introduced themselves as NBI agents when they took Atoy with them going to Km28 of the said barangay.

The incident happened hours after the said NPA carted away two dump trucks owned by Mindanao Rock Corporation.

Meanwhile, at around 6:00 a.m, other NPA members are conducting checkpoint along the highway in Km24 of the said Barangay. They were able to flag down and

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF AMENDED NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-004

from page 9

the committee on ways and means chaired by Councilor George S. Goking last January 31, 2017 with the NTC, and telecom companies.

It was revealed during the meeting that the existing

down with the committee on this matter.

“Cagayan de Oro will be a role model for other cities,” he said.

The committee agreed to hold the meeting with officials of the telecommunication providers on February 22 at 2:00 p.m. at the City Council Session Hall.

C ounci lors L ao and Dahino thanked Buenavista for his support as the City Council moves to provide better services to the city’s constituents and to address poor internet connections and other concerns in Cagayan de Oro. (JAO/LCR/SP)

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City

Hails...

The economy of Lala, Lanao del Norte THE economy in Lala, Lanao del Norte is based mostly on agriculture and fishery-based type. Its main crops are rice, corn, coconut and calamansi. It likewise produces fishery products from marine fishing and fishpond operation in the Panguil Bay area.

Most of the commercial establishments are located in barangay Maranding which is now becoming the center of trade, commerce and education in the western part of Lanao del Norte. It is also the highest incomegenerating municipality in Lanao del Norte. The town has four FM stations located there.

The municipality of

telecommunications network infrastructures are inadequate to meet the requirements of a fast-growing city like Cagayan de Oro. According to providers, this inadequacy is one of the root causes of slow internet speed. This is mainly due to the limited coverage as many subscribers are lumped into a condensed cell sites.

Some networks have pending cell site projects.

The additional telecommunication projects that are still up for implementation will significantly improve their ser vices. But according to the companies, what is delaying the expansion of infrastructure like cell sites, is the bottleneck in the permitting process.

There are at least 26 processes of various permits needed before a cell site can be constructed and most of these are reportedly coming from the local government unit (LGU). “ Wi t h t h i s c u r r e n t situation, I think it will take long for telcos to reach the scale of the good number of cell sites to a standard subscriber ratio,” councilor Dahino pointed out.

ROLE MODEL During the meeting, Engr.

Buenavista said the move of the City Council to streamline the process is also being lauded by telecommunication companies.

He informed the committee that high ranking officials of Smart, Sun and Globe from Manila are willing to come to the city and sit

Upon extra-Judicial petition for sale under Act 3135 as amended by Act 4118 filed by PSBANK CENTER, 777, PASEO DE ROXAS corner SedeÑo Street, Makati City against Michael Glenn Tumamak and Sheila S. Tumamak to satisfy the mortgage indebtedness which as of November 23, 2016 amounts to Six Hundred Twenty Three Thousand Four Hundred Thirty Five Pesos and 49/100 Only (Php 623,435.49) excluding interest, attorney’s fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on March 08, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage properties to wit: TRANSFER CERTIFICATE OF TITLE No. T-14911 ‘’Lot 2275-D-2-B, Psd-10-040954: Portion of Lot 2275-D-2, (LRC) Psd-66349, situated at Digson, Bonifacio Misamis Occidental, Island of Minadanao. Bounded on the NE., along line 1-2 by lot 2275-D-6, (LRC), Psd-66349, on the E., along line 2-3 By Existing Road Lot 2275-G LRC) Psd-50583, on the SW., along line 3-4 by Lot 2275-D-1 (LRC) Psd66349, on the W., along line 4-1 by Lot 2275-D-2-A, Psd-10-040954.

Containing an area of THREE HUNDRED (300) Square meters more or less.

All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale.

In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on March 10, 2017 at the same time & place without further notice.

Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be.

February 8, 2017, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF.

By:

(SGD.) WILLIAM C. ARANIEGO

Sheriff IV BWM: Feb. 13, 20 & 27, 2017

kidnap one PNP personnel in the person of Police Officer 2 Anthony Natividad assigned with the Kalilangan Municipal Police Station and another unidentified person. Moreover, it said that the NPAs took away five motorcycles from the commuters.

At around 7:00 a.m, the NPA burned down the two dump trucks, one generator set, and another two heavy equipment, one mixer and a backhoe, that are also owned by Mindanao Rock Corporation, in Km 28.

Said equipment are used to construct the roads in that area.

Hours later, they (NPA) decided to kill Atoy at the same location and after which they withdrew towards the direction of Lanao del Sur area bringing along with

them their two captives.

Col Eric C Vinoya, 403rd Infantry Brigade commander immediately directed the 1st Special Forces Battalion to have a close coordination with the PNP and conduct pursuit operation against the perpetrators. (4ID/PA)

Shop... from page 9

Boss likewise encourage more businessmen to renew their respective businesses or start a new one by making the process less tedious, faster and cheaper.

This system according to DTI has been adopted for over seven years now and is one of the agency’s measurements in evaluating the competitiveness of the locality. (Zita Abellare with reports from Varry Labial/ DTI-Camiguin/PIA-10)

11

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mon-tue|February 13-14, 2017

Project... from page 1

Barangay Sta. Cruz and the Tagoloan River Sub-project – Stage I (Downstream) in Barangay Sta. Cruz and a small section in Barangay Tambobong, Villanueva town.

It is being implemented by the DPWH’s Unified Project Management Office for Flood Control Management Cluster (UPMO-FCMC) headed by Project Director Patrick B. Gatan, under DPWH Undersecretary for Operations Emil K. Sadain.

To fast track the project, work for Stage I, which has a length of 642 meters, has started with the construction of flood protection dike, excavation of towhead area and drainage 1 sluiceway.

Stage 2 (Downstream Section), which consists of 1,927 meters long, included undergoing construction of dike embankment with revetment and partition walls, excavation of river channel, drainage improvement and two drainage sluiceway.

The UPMO-FCMC, said DPWH constructed flood protection dikes on both sides of the Tagoloan River from 1994 to 2002 for prevention of inundation. However, the construction of the necessary diking system was only 50 percent complete due to budgetary constraints.

“The main flood mitigation works is to complete the dike system in the lower Tagoloan River Basin. With completed flood protection system, it is expected that the target areas will further be developed and urbanized,” it said in a report.

Role... from page 1

that are highly dependent on natural resources for their sustenance and industries that need these resources for their products, it is therefore imperative that policy makers take cognisance of the value

of these natural resources and services so that policies designed to conserve and rehabilitate these assets can be crafted and translated into programs.

Recognizing the crucial role media plays in ramping up awareness of these issues among policy makers and the public alike, the Philippine Press Institute, in partnership with Nickel Asia, Inc., is kicking off its first seminar series for the year with discussions on natural capital valuation, a tool for measuring the value of a nation’s natural assets to inform decision making.

The seminar, themed “Taking Stock of our Natural Resources,” seeks to help the participating media practitioners to understand and appreciate the concept of natural capital accounting and its role in economic planning and governance.

The seminar also aims to expose media participants to the realities on the ground as basis for better stories set against the backdrop of natural capital valuation.

Such stories, it is hoped, should shed light on the value of natural capital and the urgency to factor them into economic policy making and development planning.

To this end, there will be lectures by experts on the topic and a forum with indigenous communit y representatives on palm oil expansion in Palawan, including local government policies, and the relevance of these issues to natural capital valuation. A media visit to a sanitary landfill and an abandoned mine in Barangay Sta. Lourdes, Puerto Princesa, is yet another highlight of the seminar-workshop.

Statistical tools for doing this kind of valuation are already in place globally but their application is not yet widespread, said PPI training director, Tess Bacalla.

The Philippine government

adopted the concept of natural capital accounting more than three decades ago but little has been done to implement it.

Seminar sessions will be jumpstarted by Philippine Daily Inquirer correspondent and chair of the National Union of Journalists, Ryan Rosauro, who will talk about his experience writing about the environment and observations of Philippine media’s coverage of the environment.

PPI Director Ariel Sebellino will present findings on local media coverage of the environment, based on a scan and analysis of relevant articles published by member publications.

Palawan NGO Network, Inc. Executive Director Atty.

Roberto Chan will talk on the State of the Environment in Palawan: Polic y and Enforcement Issues, which will be held at the Palawan Environmental Enforcement Museum in Puerto Princesa.

The session titled “Natural Capital: Counting It In” will be handled by Dr. Allaine Baaco, assistant professor at the Western Philippine University while World Bank consultant Dr. Gem Castillo will discuss “Transforming Economic Policy through Natural Capital Valuation.”

C o n s e r v a t i o n Int e r n at i o n a l C o u nt r y Director Ricky Nuñez will tackle “ Toward Healthy Ecosystems and Services: What is the Price Tag?” John Francisco Pontillas and Mary Lacao of the Palawan Council for Sustainable Development will tackle Piloting Ecosystem Accounts in Palawan: A Quick Glimpse for the media.

The seminar will be held in Palawan at the Legend Hotel, Puerto Princesa, from January 31 to February 4 and will include a trip to Rio Tuba on February 1.

The succeeding legs, in Visayas and Mindanao,

will be held on February 8-10 and February 15-17 in Tacloban City and Surigao City, respectively.

Calamity... from page 1

they were hit by falling debris or collapsing walls, except Taganahan who died of a heart attack in the middle of the chaos.

The OCD-Caraga Regional Director Rosauro Arnel Gonzales Jr. reported that there is total blackout in the municipalities of San Francisco and Malimono in Surigao del Norte and partial power failure in Surigao City.

Vice Mayor Alfonso S. Casurra told MindaNews that after initial assessment this morning, the CDRMMC endorsed the declaration of a state of calamity to the city council, who promptly issued a resolution.

“The unexpected and sudden tremor had literally caused untold damages in the city to real and personal properties, not to mention death of 7 persons and injuries to 120 individuals and the numbers is still increasing,” said the SP’s resolution number 23-2017.

The city continues to h av e n o p ot ab l e w at e r c o m i n g f r o m i t s t ap s , forcing residents to join the long queue in water refilling stations.

Engr. Benjamin Ensomo Jr., general manager of Surigao City Metropolitan Water District, said in a text message late afternoon Saturday that they intend to supply at least 50 percent of the city’s water supply by midnight.

The earthquake rendered impassable the Anao-aon Bridge in San Francisco municipality.

It a ls o d amage d t he r u nw ay o f t h e a i r p o r t here, forcing airline companies to divert flights to neighboring Butuan City,

according to a report by Engr. Junelito Abrazado, Surigao manager of the Civil Aviation Authroity of the Philippines.

C lass es and work in private and public schools and offices were likewise ordered cancelled by the CDRRMC, according to Annette Villaces of the city’s Public Information Office.

“C l a s s e s a n d w o r k , both in private and public [schools and establishments], are now c ancel le d p e r ord e r by the vice chairperson of CDRRMC [City Disaster Risk Reduction and Management C ouncil] a n d C i t y Vi c e M a y o r Alfonso Casurra effective immediately until further notice,” she added.

Bank...

from page 1 Cotabato; and, Nabunturan, Compostela Valley, the bank announced in a statement yesterday.

CARD Bank currently has 78 branches nationwide, plus a head office in San Pablo, Laguna.

The expansion in Mindanao “is part of

enriching and empowering the marginalized sectors of the society,” Marivic M. Austria, bank president and chief executive officer, said in the statement.

S er vices in the ne w branches will include savings accounts for CARD MRI members and children, domestic and international remittances, and loans for businesses, agriculture, h o u s i n g , s o l a r p ow e r, education, and health.

The banks will als o serve as access points for other services offered by the CARD MRI group such as micro-insurance, business development services and marketing support.

C A R D B an k , w h i ch started operations in 2000, is partly owned by CARD MRI members through stocks bought using deposited savings.

“As stockholders, they are receiving annual dividends.

To emphasize participation by the members in the policy formulation and governance, selected members sit as board of directors of the bank,” said Dr. Jaime Aristotle B. Alip, founder and managing director of CARD MRI, which was established in 1986.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 42-Medina, Misamis Oriental -oOoIn the Matter of the Petition for Correction SP. PROC. CASE NO. 334-M Of Entry in the Record of Birth of MAJEAN BRYLLE MONSANTO NERCUIT in the Civil Registry, Changing his First Name from MA. JEAN BRYLLE to MAJEAN BRYLLE, And his SEX from FEMALE TO MALE. MAJEAN BRYLLE MONSANTO NERCUIT, Petitioner, -versusLocal Civil Registrar of the Municipality of Sugbongcogon, Misamis Oriental, Respondent. x-----------------------------------------------------------/ ORDER Before this Court is a verified petition filed by MAJEAN BRYLLE MONSANTO NERCUIT of Purok 2, Mimbuahan Sugbongcogon, Misamis Oriental, born at Sugbongcogon, Misamis Oriental to Metchelou Monsanto Nercuit (mother), seeking to correct two (2) erroneous entries in his Certificate of Live Birth, that is (1) his name – from MA. JEAN to MAJEAN, and (2) his sex- from FEMALE to MALE.

EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED SPS. MAGDALINO AND ROSITA CIPRIANO

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND

Notice is hereby given that intestate estate of the deceased SPS. Magdalino and Rosita E. Cepriano who died on August 24, 1999 and on August 12, 1993, respectively, in Carmen, Cagayan de Oro City without leaving any last will and testament; That the deceased spouses MAGDALINO AND ROSITA E. CIPRIANO, at the time of their death, are the registered owners of a parcel of land situated in Carmen, Cagayan de Oro City, and which is more particularly described as follows; A PARCEL OF LAND (Lot 6582-B-C-1, of the subdivision plan (LRC) Psd-181883 being a portion of Lot 6582-B-9-C, LRC Psd88836, LRC Rec. No. N-24079), situated in the District of Carmen, City of Cagayan de Oro, Island of Mindanao. Containing an area of THREE HUNDRED (300) square meters, more or less. EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED SPS. MAGDALINO AND ROSITA CIPRIANO; is made and excuted by and among, namely; LORETO E. CEPRIANO, of legal age, Filipino, married and a resident of #209 Water lily St., Carmen Cagayan de Oro City and the surviving son of the deceased spouses;LOLITA C. ARCAMO, of legal age, Filipino, married and a resident of #209 Water lily St., Carmen, Cagayan de Oro City and the surviving daughter of the deceased spouses; HEIRS OF REBECCO E. CIPRIANO, herein represented by LUISITA M. CIPRIANO, of legal age, Filipino, widow and a resident of Linabo, Malaybalay City, Bukidnon; HEIRS OF PEDRITO E. CEPRIANO, namely: EMILYN R. CEPRIANO, of legal age, Filipino, widow and a resident of kalingagan, Villanueva, Misamis Oriental; KENNETH GARY R. CEPRIANO, of legal age, Filipino, married and a resident of Kalingagan, Villanueva, Misamis Oriental; NEIL NIÑO R. CEPRIANO, of legal age, Filipino, married and a resident of Kalingagan, Villanueva, Misamis Oriental; DEXTER JONES R. CEPRIANO, of legal age, Filipino, single and a resident of Kalingagan, Villanueva, Misamis Oriental; HEIRS OF PURITA C. CONCHA, herein represented by JOHN KENNETH C. CONCHA, oif legal age, Filipino, single and a resident of Kagawasan, San Miguel, Bohol; Under Notary Public Atty. Mario T. Juni; Doc. No. 200; Page No. 40; Book No. 198; Series of 2017.

Notice is hereby given that intestate estate of the deceased Restituto T. Jamis who died on March 06, 1994 at El Salvador, Misamis Oriental; That the deceased, Restituto T. Jamis, left a PARCEL OF LAND, Lot 9927, Cad 237, situated in the Barrio of Cogon, Municipality of El Salvador, Province of Misamis Oriental, Island of Mindanao. Bounded on the N. along line 7-1, by Lot 9105; on the NE., along lines 1-2-3, by Lot 9090; on the SE., along line 3-4, by Lot 9941; on the SN., along lines 4-5-6, by Lot 9925; and on the NW., along line 6-7 by Lot 9926, all of Cad 237.containing an area of NINE THOUSAND SIX HUNDRED NINETY FOUR (9,694) SQAURE METERS, more or less. All points refer to are indicated on the plan and are marked on the ground as follows:

by B.L. cyl. Conc. Mons. 15x60 cm. bearing true, date of original survey December 16- January 9, 1931 executed by B. CABADING, Geodetic Engineer and approved on September 30, 1933. EXTRA –JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND; is made and executed by and among, namely; AILEEN JAMIS BONAYOG, VERCELLE JAMIS BONAYOG, RICHELL JAMIS TORNIADO, AND RHANDY ESTOQUE JAMIS, all of legal age, Filipino citizen, with residence and postal address at Zone 2, El Salvador City, all herein-after referred to as the Heirs/Sellers; and ALBEN MABUGNON JABLA, Likewise of legal age, Filipino citizen, married to CHARISSE G. JABLA, with residence and postal address at Zone 2, Lower Tabok, Bulua, Cagayan de Oro City herein referred to as the BUYER/VENDEE; That for and in consideration of the sum of SIXTY EIGHT THOUSAND FOUR HUNDRED PESOS ONLY (P 68,400) Philippine Currency receipt of said 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 ONLY A PORTION OF ONE HUNDRED FOURTEEN (114) SQUARE METERS, more or less in favor of the BUYER/S or VENDEE/S 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 non-tenanted. Under Notary Public of ATTY. EMELITO J. MARQUINO; As per Doc. No. No. 258; Page No. 51; Book No. XIII; Series of 2017.

The Court finds the petition sufficient in form and substance and sets the same for hearing on February 22, 2017 at 8:30 o’clock in the morning, (Wednesday), at Branch 42, Regional Trial Court (RTC), Medina, Misamis Oriental.

BWM: Jan. 30, Feb. 6 & 13, 2017

BWM: Jan. 30, Feb. 6 & 13, 2017

BWM: Jan. 30, Feb. 6 & 13, 2017

At the expense of petitioner MAJEAN BRYLLE MONSANTO NERCUIT, let a copy of this Order beI. Posted at the (1) Bulletin Board of the Municipal Hall of Sugbongcogon, Misamis Oriental, (2) Bulletin Board of Bgy. Mimbuahan, Sugbongcogon, Misamis Oriental, and (3) Bulletin Board of this Court.

II. Published, once a week for three (3) consecutive weeks, in Mindanao Daily News, located at Tanleh Bldg., Abellanosa St., Consolacion, Cagayan de Oro City, the Court’s duly accredited newspaper of general circulation in the Province of Misamis Oriental.

The Local Civil Registrar of Sugbongcogon, Misamis Oriental, or any interested person claiming interest on the entries sought to be corrected may file opposition within fifteen (15) days from notice of the petition or from the last date of publication of such notice.

Lastly, the Court grants the request of petitioner MAJEAN BRYLLE MONSANTO NERCUIT. He is allowed to litigate his petition as a pauperlitigant, hence, is exempt from payment of docket and other legal fees and be charged at cost only on the required publication.

So ordered.

Done in Chambers on January 16, 2017 at Medina, Misamis Oriental.

(Sgd.) JUDY A. SIA-GALVEZ Presiding Judge MCLE Exemption #V-789-10/27/15

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mon-tue|February 13-14, 2017