BusinessWeek Mindanao (February 16-17, 2014)

BusinessWeek MINDANAO

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Volume IV, No. 65

Market Indicators

As of 5:56 pm feb. 15, 2014 (Saturday)

FOREX

PHISIX

US$1 = P44.73

6,113.66 points

13 cents

X X Briefly 11.94 points

Rotating brownout OZAMIZ City -- The Misamis Occidental Electric Cooperative, Inc. (MOELCI) 2, has given its consumers notice of the tentative 13-hour rotating power interruption schedule for the period Feb. 10-17, 2014.

The power interruption is due to the load curtailment of MOELCI 2, because the Pulangi 4 Hydro-Electric Power Plant (HEPP), with an installed capacity of 255MW, has actually an available capacity of only 90MW due to low water inflow, Jemilo Pelimer, General Manager of MOELCI 2 said.

Likewise, the STEAG Power Plant Unit 2 is on preventive maintenance shutdown and the Agus 6 HEPP Unit 2, with an installed capacity of 25MW tripped since Jan. 29, due to high thrust bearing temperature.

Pelimer said the load curtailment of MOELCI 2, during the eight-day period reaches 276.62MW or a daily average of 34.57MW, affecting the Cities of Tangub and Ozamiz, and the towns of Bonifacio, Clarin, Tudela, Sincaban, Jimenez and Panaon, all in the 2nd District of Misamis Occidental.

New fish port SURIGAO City is eyeing the build a P390.340-million fish port to further boost the booming fishing industry in the city.

The proposed fish port project at Barangay Canlanipa is within the fishing grounds of the municipal and commercial fishermen in the area of Surigao City, Surigao Strait, Bohol Sea, Butuan Bay, Siargao Strait, Dinagat Sound, Hinatuan Passage and the southern part of Leyte Gulf.

The proposed fish port will have a fish landing wharf of 140 lineal meters, 10 meter x 80 meter commercial fish landing pier, 4-hectare port terminal, breakwater, bulkhead and revetment causeway.

The fish port project also includes functional facilities including fish market, gear/ commercial shops, administration building, fish container storage facilities, public toilets and other miscellaneous amenities.

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CAAP OFFICIAL SAYS:

Airport’s readiness shall wait till November yet M

By FROILAN GALLARDO, MindaNews

AKATI City — Laguindingan Airport in Misamis Oriental will have to wait until November this year for the completion of its navigational system, the Civil Aviation Authority of the Philippines (CAAP) told local officials and traders from Cagayan de Oro last week.

Cebu Pacific flight 5J-220. A Cebu Pacific plane overshot a runway at the Bancasi Airport in Butuan City yesterday morning. The Manila-bound Cebu Pacific flight 5J220 lined up the runway to prepare for take-off when it overestimated its turn and skidded-off. There were no injury or damage reported but the accident caused delays in other flights. photo courtesy of marawi awitan

Aboitiz unit proposes water, power project

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- A project proposal to tap Tamugan River as a source of potable water in the city will result in about P400 million in energy savings for the local water utility, according to

an official at an energy firm that harnesses the same river for power.

“These (energy savings) should impact on the water rates,” said Manuel M. Orig, Aboitiz Power Corp. first

vice-president for Mindanao, in his presentation of the project to reporters on Monday. If approved, the project would supply water to the Davao City Water District (DCWD).

The Aboitiz Group has aboitiz/PAGE 11

CAAP deputy director general Rodante Joya met with Mayor Oscar Moreno and members of the Cagayan de Oro Chamber of Commerce and Industry at the sidelines of the business forum “Connect and Do Business in Cagayan de Oro” at the Intercontinental Hotel

in Makati City Wednesday night.

CAAP, the Department of Tr ans p or t at i on an d Communications, Moreno and the Oro Chamber held the meeting behind closed doors, and reporters were not allowed inside. airport/PAGE 11

TUBOD, Lanao del Norte -- The GNp ower plant project received a highest acceptability score from different stakeholders in the community during its conduct of public consultations on the anticipated coal power plant in the province.

“We are very pleased with the outcome we got so far from

a host community,” expressed GNPower’s Project Engineer Neil Carlo Francisco.

The coal-power plant of GNPower will soon start to rise in the coastal town of Kauswagan, Lanao del Norte, sometime in the third quarter of this year, revealed Engr. Francisco to power/PAGE 11

Coal power plant soon to rise in Lanao Norte

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Economy

PNoy urges tourism sector make PH a tourism hotspot PRESIDENT Benigno Aquino III on Friday challenged tourism industry stakeholders

to go the extra mile to ensure the Philippines cements its position as a tourism hotspot.

Speaking at the Philippine Travel Agencies Association’s 21st TravelTour Expo 2014 at the SMX Asia, the President said, “We cannot be satisfied with what we have achieved so far. The goal now is not merely to maintain our growth, but to cement our position as one of the world’s vacation hot spots.”

He said his administration had undertaken steps to ensure visitors find their travels smooth and worryfree. Among these are reforms in civil aviation such as liberalizing airspace through the Pocket Open Skies Policy, and rationalization of taxes on foreign carriers.

With added opportunities for both local and foreign airlines to expand operations in and out of the Philippines, he said, consumers now have more options when planning their trips.

Government also continues to make massive investments in infrastructure— f rom const r uc t ion and rehabi lit at ion of ro ads leading to tourism clusters, to upgrading airports and ports in key areas, the President said.

Aquino challenged to st a kehol d e rs in t he

industry to go beyond their achievements.

“It is not just about sustaining the appeal of already favored destinations; it is also about discovering an d m ar ke t i ng h i d d e n destinations. It is not just about getting tourists to visit the Philippines once, but getting them to return.

The possibilities ahead are limitless now that the world knows that it is indeed more fun in the Philippines!—and each one of us is asked to do his part to realize these possibilities,” he said.

“Thus, I pose a question to all of you today: have we, as a nation, gone the extra mile to make our tourists the happiest visitors to the Philippines—the most fun place on earth?” he added.

He reminded them as well that the success of any business balances profit with customer satisfaction, and that the collective goal goes beyond making sales and booking trips.

“What we want is for both domestic and international tourists to become advocates of the Philippines—visitors who will return again and again to explore e ver y hotspot/PAGE 10

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Lanao del Norte LGU invites investor in mariculture TUBOD, Lanao del Norte – The Provincial Government of Lanao del Norte (PGLDN) invites businessmen and fishermen to invest in its mariculture park in the town of Sultan Naga Dimaporo in the culture of silver gray pomfret or commomly known as pompano.

This fish variety is a favorite among local and international chefs because of its juicy, white meat which prove s ve r y d el e c t abl e whatever the cuisine. Grilled or steamed, the meat of this fish is succulent and delivers an explosion of mouthwatering goodness to any discriminating palate.

Cultured in the fish cages of PGLDN’s Mariculture Park, pompano is the choice because of its marketability and high return on investment potential, according to Provincial Agriculturist Letecia Ditucalan.

The tasty pompano is cultured and fattened using readily available commercial feeds. Production records reveal that in a six-month culture period, and using a 5-by-5-by-4 meter square cage with a stocking density of 2,500 fingerlings, it can produce more than 900 kilos

of fully-grown pompano with an average body weight of 430 grams.

The pompano fingerlings is sourced from Alson’s Hatcher y of Malapatan, Sarangani Province.

Pre v ai li ng pr i ce s of pompano in the local market range from P200 to P220 per kilo.

This fish culture project is an initiative of Governor Khalid Dimaporo. Lanao del Norte has the biggest mariculture park in Northern Mindanao with 1,372 hectares.

The mariculture zone is a joint collaboration between the government and the private sector, Dimaporo explained.

This lucrative business venture is init i ate d by the government through t he prov is i on of b as i c infrastructure and policies while the business sector will pump in the needed capitalization to operate this new fish-culture technology.

‘Eventually the impact of this mariculture park will be the generation of job opportunities for the people of Sultan Naga Dimaporo and a new means of livelihood for the people of Lanao del Norte,’ said Gov. Dimaporo.

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AMENITIES : ZORBIT * ATV * TREE TOP ADVENTURE BUGGY * BUNGEE * PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM ACCOMODATIONS

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Kings of Raider Breed Wars Crowned

The pulse-racing Suzuki R a i d e r B r e e d Wa r s (RBW) 2013 National Finals held at the New Municipal Grounds in Tagum City, Davao last February 9, 2014 featured all the best riders who outraced their competitors in their respective areas and regions. The RBW National Finals dubbed as “Battle of the Kings” hig hlig hted top drag racers in the Scooter 130, Underbone 115 and Raider R 150 categories.

John Paul L antape grabbed the 1st place at the Scooter 130 category.

Following Lantape are Neil Perino and Anver Antonio. Manuelle SumogOy maintained his place for four consecutive years as the champion for the Underbone 115 category followed by Joven Millana and Jeffrey Teopengco for the 2nd and 3rd place respectively.

Meanwhile, hitting the 3rd spot in the Underbone 115 category didn’t stop Jeffrey Teopengco from zooming his way to be the “King” of the Raider R 150 category. Adrian “Boboy” Gonzales landed at 2nd place while Joel Tatunay

striked the 3rd place.

The 3 podium finishers for each category were awarded with trophies, cash prizes (P 10,000 for the 3rd placer, P 20,000 for the 2nd placer and P 50,000 for the champion).

Special prizes were also given courtesy of Phoenix Cyclomax and Talk ‘n Text.

The ceremonial popping of wine by the winners capped the night.

Ad d e d e xc it e m e nt to the event were from Suzuki’s 3s shop in Tagum – Rhean Cyclemart who offered big discounts on Suzuki apparel, motorcycle accessories and spare parts. Likewise, RBW co-presenter Phoenix Petroleum Philippines Inc. offered discounts on their Phoenix Cyclomax products.

The 2013 Suzuki Raider Breed Wars was powered

by Phoenix Cyclomax - a brand of motorcycle oils distributed by Phoenix Petroleum Philippines, Inc., one of the fastest growing independent oil companies in the country today. Talk ‘N Text and Denso Spark Plugs also suppor ted the event as major

sponsors. The RBW is sanctioned by the National The Philippines Scenario: Motorcycle Sports and Safety Association of the Philippines (NAMSSA), the sole body affiliated

By IMELDA N. CABAHUG-BAGUIO, MAEM with the Philippine Head Teacher III Betahon Elementary School Sports Commission and Betahon, Lugait, Misamis Oriental the Philippine Olympic Committee.

S C H O O L - B A S E D Studies of decentralization involved in education.

School-based management system

management is an organizational approach that expands the local school site responsibility and authority for the improvement of school performance. Ideally, it provides local mechanisms for the introduction of new approaches to education that result in enhanced outcomes and that better fill the needs of the local community.

The implement at ion of SBM represents a fundamental and systemic organizational change to increase the local presence of four key resources: power, information, knowledge and skills, and performance-based rewards. In schools, SBM has been approached largely as a political phenomenon involving the transfer of power to local councils.

i n t h e p r i v at e s e c t o r, however, have indicated that decentralization of power is most likely to lead to performance improvement if accompanied by organizational changes that enhance the information, knowledge and skills of local participants and that align the reward system with clearly articulated desired outcomes.

This policy brief recommends that states and local districts become active in creating the conditions for effective implementation of SBM For the Philippine setting, a school-based management of education is ideal. Who else is better prepared to make decisions? Promoting initiatives at the local level likewise promotes innovation from those who are directly

Renown writer/author D r. N i c e t o P o b l a d o r, however, noted that while decentralization has many advantages, its downsides are easily overlooked.

“For one thing, it will exacerbate parochialism and turfism which carry the danger that local issues and concerns will take precedence over the larger interests of society and of the community.

Successful implementation requires extensive networking arrangements and joint, multi-sectoral decision making. In the past, consortium arrangements and other forms of collaboration and team effort have failed,” Dr. Poblador said.

There are many reasons for this: baguio/PAGE 9

THE VALUE OF PRAYER

By Roel U. Riveral T-II/OIC, Umagling E/S

Prayer is an indispensable tool because it is the food of our spirit. It is the stream that binds us to the spiritual power.

Prayer is an act towards communicating God. It is the cheapest way of asking favor because God is not like those fixers that demands thousands of money in return for the requested favor. You don’t need to treat God in high class and voracious restaurant or in a world known food chain because you can offer prayer anywhere as long as you are sincere to God. You don’t need to have a mediator

because God is always fair in His decisions. If you feel that God rejects your prayer, you are very wrong because He is always fair and if no answer from Him that means it’s not yet the right time.

Prayer is just like a spring that leads us to the rightful path. You don’t need to draw your future because God had already prepared a complete architecture of your tomorrow. No need for you to save thousands of money in the bank because God had already a prepared all your things needed. No

need for you to feel jealous and insecure towards your fellowmen because God is always fair in distributing all our needs. No need for us to plan because God knows what is best for us.

Prayer is the food of our spirit. If we need to eat three times a day so that we can survive, our spirit needs our prayer twice for his nourishment. You don’t need to go to church so that you can pray. Just go to your room, lock it and you can already talk to God in the form of prayer.

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Cebu Pacific holds P1.43 seat sale on all destinations THE operator of Cebu Pacific on Friday announced a P1.43 seat sale on all its domestic and international destinations.

In a statement, Cebu Air Inc (CEB) said the seat sale will run from February 14-16 or until seats last, for travel from June 1 to December 11..

“The travel period for this P1.43 seat sale is spread out over six months, giving a lot of people opportunities to travel.

They can buy tickets for loved ones to come home, and have the time to plan a surprise birthday visit. They can travel with friends for sport events or concerts, and celebrate various milestones in life,” Candice Iyog, Cebu Pacific vice president for marketing said.

Aside from flying to famed island destinations such as Palawan and Boracay, the Gokongwei-owned budget carrier also operates daily flights to key commercial cities such as Cebu, Davao, Cagayan de Oro, Bacolod and Iloilo.

Also up for grabs are P1.43 seats to the following international destinations:

Dubai, Bali, Bangkok, Beijing, Brunei, Busan, Guangzhou, Hanoi, Ho Chi Minh, Hong Kong, Incheon (Seoul), Jakarta, Kota Kinabalu, Kuala Lumpur, Macau, Nagoya, Osaka, Phuket, Singapore, Shanghai, Siem Reap (Cambodia), Taipei, Tokyo (Narita) or Xiamen.

“Through CEB’s ManilaDubai-Manila flights, Filipino expats can enjoy the fastest connections and flights to home. They can book P1.43 seats for travel during Eid Al Fitr, Eid Al Adha and UAE National Day, to be with their families during these holidays,” Iyog said.

Quoted fares are exclusive of applicable taxes and surcharges.

Cebu Pacific’s 49-strong fleet includes 10 Airbus A319s, 29 Airbus A320s, two Airbus A330s and eight ATR-72 500 aircraft. The Philippines’ largest budget airline has one of the most modern fleets in the world.

Between 2014 and 2021, the airline will take delivery of 13 more brand-new A320s, 30 A321neo’s, and four A330s.

CorporateWorld

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Jollibee’s 2013 net income breaches P100-B mark EARNINGS of Jollibee Foods Corp (JFC) in 2013 rose at the fastest pace in seven years, with sales breaching the P100-billion mark for the first time in the homegrown fastfood giant’s 35-year history.

In a disclosure to the Philippine Stock Exchange, JFC said its net income attributable to equity holders hit P4.64 billion last year, up 24.5 percent from the P3.73 billion posted in 2012.

Full-year earnings got a boost from the 20.3 percent expansion to P1.52 billion in fourth-quarter profit attributable to equity holders, from P1.26 billion in the same period the previous year. jollibee/PAGE 10

Nestlé sees consumer demand weak in 2014 NESTLÉ, the world’s biggest food and drinks maker, said it expects 2014 to be just as challenging as last year amid falling growth in emerging markets and weaker prices in Europe.

The maker of Nescafe, Perrier, Jenny Craig and Haagen Dazs is a major buyer of food commodities such as wheat, sugar, and milk and its results are a good indicator

of the strength of consumer demand around the world.

Nestlé, based in Vevey, Switzerland, said that after a weak 2013, it expects an improvement only in the second half of 2014. Organic sales, which do not reflect acquisitions and currency fluctuations, are expected to grow about 5 percent next year.

Its net profit in 2013 fell

to 10 billion francs ($11.1 billion), from 10.6 billion francs in 2012. In 2011, it made a profit of 9.5 billion Swiss francs.

“The macro-environment in 2013 was one of soft growth, minimal in the developed world and below recent levels in the emerging markets,” CEO Paul Bulcke said. “Last year was challenging and 2014 will likely be the same.”

In 2013, Nestle’s overall sales grew by 2.7 percent to 92.2 billion francs, kept back by the impact of shifting foreign exchange rates. It said organic sales growth was 4.6 percent.

Nestlé’s aim every year for 5-6 percent organic growth and improvements in its trading operating profit margin, underlying earnings per share and capital efficiency.

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BusinessWeek MINDANAO

Portfolio Investment Hotspot (Second of Two Parts)

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Passion Brings Prosperity

T

THINK

hink a minute…There’s a best-selling book entitled, A Minute Do What You Love And The

By Jhan Tiafau Hurst Money Will Follow. It explains that if you’re passionate and good at your job, then you will be happy and successful at your job. Passion is loving and believing something no matter how hard it is to get there. It’s like a powerful river that will make its way through no matter what.

But first, you and I must choose work that we enjoy and are good at. And that’s not always easy. In fact, sometimes it takes a lot of courage to change jobs! Especially for those of us who were taught we should choose work that’s secure and pays well even if you hate it! After all, it’s only a job, right?

The problem is you spend so much of your life at work, so if you hate your job you’re going to hate much of your life!

Most successful people have had to face this same fear of changing jobs. They just did it anyway. So ask yourself: “Do I want to spend the rest of my life at a job I’m not that good at?

Or a job I don’t enjoy?” If you don’t, do you have the courage to change jobs so you can start doing something you are good at and enjoy? Think…if you improve your skill and go all the way in training for that new job or career, could you become successful? Of course, if you have a family to take care of and provide for, then you must be very careful and responsible before you make this kind of big change. You should probably start slowly and carefully by first trying your new work a little on the side or just part-time. Then if it goes well, you’ll have more experience and confidence to know you can support your family with this new kind of work.

However, there’s one person who can help you know what you yourself are good at, and that’s the One Who made you.

No one knows you better than your own Creator. He knows what He designed you to do well! So why not ask Jesus right now to forgive you for living your own way? Then ask Him to take full charge of your life and career. It’s not until you start living for Jesus His way that you will finally find your place in life, so you can start enjoying the satisfaction of real success.

Just Think a Minute…

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T

he Philippines was a foreign portfolio investment (FPI) hotspot in 2013. FPI flowed into our economy through the Philippine stock market from countries such as the United Kingdom, the United States, Singapore, Luxembourg, and Hong Kong.

The fear of some, however, is that as easily and quickly as these investments entered the economy, they can also go out easily and quickly as well.

Indeed, outflows accelerated from March until June and November last year. In June, US $2.8 billion flowed out of our economy. The sudden pull-out of investments was said to be in reaction to news on the tapering of the US quantitative easing program, which pumps millions of dollars into the global economy.

The speculation is that when the US stops with their bond-buying program, there will no longer be easy money in emerging markets.

Such is the nature of the business. Investors go and take their money to where they think they will earn. That’s why FPIs are also called “hot money.” Trades and sales are done very swiftly and funds keep moving from one market to another, sometimes causing instability.

Fortunately, the BSP says there is no reason to worry even as struggling advanced economies like the US are on the recovery path. The BSP’s Monetary Board – its highest policy-making body – said that our economy will be supported by “buoyant demand, strong fiscal and external positions as well as favorable consumer and business sentiment.”

Our steady macroeconomic fundamentals still makes our country a safe and profitable O ut

By Ignacio Bunye place to make investments.

Apart from FPI, there is another type of investment that foreigners can make in our country. It’s called the foreign direct investment (FDI). This one is long-term in nature and where investors actively participate in the management of the business. Construction of factories, plants, or facilities by multinationals, or their lending or investment of funds to their subsidiaries here are examples of FDI. A FDI is more difficult to sell or pull out from compared to FPI. This is because it involves not just the transfer of financial assets (stocks, shares) but also of technology and intellectual capital. Nevertheless, both are important and needed by our economy.

Banking on the supposed ability of investors to differentiate markets, the Philippines hopes to continue to get a fair share of both FPIs and FDIs in 2014.

Note: My book, Central Banking for Every Juan and Maria is now available in main branches of Fully Booked, Power Books, National Book Store, and University of the Philippines Press.

SPEAKING

A Unique Valentine Dinner

L

IFE’S INSPIRATIONS: “… G o, e at your fo o d with gladness, and drink your wine with a joyful heart…” (Ecclesiastes 9:7, the Holy Bible).

-ooo A UNIQUE VALENTINE DINNER: Up until February 14, 2014, I thought I have already experienced any and all kinds of Valentine’s Day treat and excitement that any man can ever desire or think of. God, after all, has been very kind and, yes, very patient with me as I grew more grey hair, graciously giving me the time to enjoy everything that a worldly man needed to enjoy, before he is called to do a work for Him. This year, as I firmed up my resolve to follow His inspiration to thread a different path---a path that is requiring me now to go to a lot of places just to proclaim His Word in an attempt to bring people back to Him---He allowed me to celebrate Valentine’s Day quite differently and uniquely, with my wife of 34 years, the former Judge Angelina Domingo Mauricio, and our one and only child, Maria Luisa.

What was this different and unique way to mark the day of the hearts for 2014 that God gave us? Well, the three of us had a very exclusive and very private dinner in a brand new restaurant---“Renato’s” in Scout Borromeo, Quezon City---which, I am predicting even this early, is sure to give the more established eateries of the very best caliber nearby a run for their money.

-ooo DINING ALL ALONE IN THE BEST RESTAURANT: Why am I saying that our Valentine dinner at “Renato’s” was different, unique and exclusive? The reason is that, by express arrangements, we had the restaurant all alone to the three of us, to the exclusion of any other customer (it opened just the day before Valentine’s, and February 14, 2014 was its first-ever Valentine offering).

Then, we had the privilege of being attended to personally by the owners of “Renato’s”---the famous restaurateur-couple, Renato Sunico (or Rene to his fellow Rotarians from District 3810 of Rotary International, and even to his associates and subordinates at the cement factory, LaFarge Republic Inc. where he is president), and Lynn (who has been in the restaurant and catering business for the last 30 years, principally through “Makati Skyline”).

On hand to welcome us like kings and queens, too, akampi Mo A ng Batas was “Renato’s” marketing

By Atty. Batas Mauricio consultant, fellow District 3810 Rotarian Past President Bly t h F i el d i ng , w ho w as the one who arranged the exclusive dinner for us. It was a totally mind-blowing e x p e r i e n c e , b e c au s e t h e attent ion of e ver yone in “Renato’s” appeared to have b een fo cus ed on me and my family alone that night.

Wow! -ooo TRY “RENATO’S” NOW: But then, the exclusive nature of the Valentine dinner was not all there was to it. The real treat and excitement came with the red wine that preceded the menu for the dinner, with the mushroom soup which was creamy and warm and served just enough, with the fresh green salad that was ser ved with a special concoction prepared by Lynn for special occasions and special guests, and with the main course.

I have already tasted many steaks before, both imported and local, but “Renato’s” steak was appropriately succulent, temptingly rare, and, most important of all, it tasted the way a real good imported beef should taste. This kind of steak, served with salmon wrapped with another fish and with buttered vegetables, will definitely outclass those served by the other steakhouses along Tomas Morato and Timog Streets.

One would think that, after the steak, there was nothing else to expect, and that it would close the night’s dining experience for us. We were mistaken.

The panacota topped with strawberry jam, and the brewed coffee that came with it, were not only great but, yes, awesome. And to our pleasant surprise, the gastronomical delight cost us only P750.00 per person.

Try “Renato’s” now, while you can still find a seat.

-ooo REACTIONS? Please call me at 0917 984 24 68, 0918 574 0193, 0922 833 43 96. Email: melaniolazomauriciojr@ out lo ok.com, b at asmaur icio@ya ho o.com and mmauriciojr111@gmail.com.

K

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

--Colin Powell

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Personalizing the Truth

W

e need to understand ver y well this matter which is crucial in life.

Truth is never just a cold and impersonal piece of information or datum which we describe as the objective fact and reality.

This, sadly, is a common phenomenon.

Many of us think that just because we have some facts at hand, we can just blurt them out at our convenience and believe we already are being truthful.

The drunkards can easily do that, and yet they may not be truthful.

Neither is truth just a subjective appreciation of things, dependent solely on one’s opinions, preferences if not biases and other conditionings. And so we hear many of us making statements that are prefaced with, “To me, I think or I believe that...”

L et’s rememb er that we have the tendency to make ourselves as the creator of truth, or at least the standard of what is supposed to be right and fair. We have to be guarded against this tendency, because this distorts reality at its roots.

Though we may manage to say some elements of truth with this tendency, a lot more are still needed to qualify ourselves as genuinely truthful. This tendency is not what personalizing the truth means.

To personalize the truth means that our understanding of truth should correspond to the basic reality that we are persons.

And as persons, we are rational, we have intelligence and will which, we must admit, we have not because we created them ourselves, but rather because they are given to us by a creator who ultimately is God. To personalize the truth therefore means that for us to be in the truth, we need to relate ourselves and whatever pieces of data, information and facts, to God in the first place, and then to others. To personalize the truth involves the dynamics

7

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of a living relation with and Traces God and with

By Fr. Roy Cimagala others.

O u r i nt e l l i g e n c e and will are given to us to enable u s t o e nt e r into such relationships.

We are meant for loving.

Our pursuit of the truth cannot but be done in the context of love, of self-giving, to God and to everybody else.

We have to relate ourselves and whatever pieces of data, info, etc., to God first, because as Creator of everything, he is the foundation of reality. Nothing would be real if it is unrelated to God. Thus, we would be taking an unsure and dangerous path if we fail to go to God first.

As a saying goes, if we put God in the first place, then everything else would be in the right place. This only echoes what Christ himself said. “Seek first the kingdom of God and his justice, and all these things shall be added unto you.”

(Mt 6,33) And Christ himself, the Son of God who became man, has revealed to us how to be truthful. He explicitly said: “I am the way, the truth and the life...” And the truth he tells us is that we have to love God above all and everybody else as well.

In fact, the new commandment he gave us is to love one another as he himself has loved us.

And so, to be in the truth and to personalize the truth, we also have to understand that to relate ourselves and whatever we have to God also means to

HINTS

relate ourselves and everything else to others. We have to learn to share ourselves and all we have with others.

We c an not and shou l d not ke e p ourselves and what we have to ourselves alone. Keeping to ourselves would be a dangerous situation, made even more so by the fact that such situation actually poses as an attractive sweet poison, a treacherous silent killer of truth, love and everything else that flows from them.

The ideal situation would be that our abiding consciousness is filled with thoughts and desires for God and for others. We have to develop this kind of consciousness in a very deliberate and

even aggressive way.

That’s because, with our weakened and wounded condition due to sin and its effects, we tend to think only of ourselves, of what is immediately convenient and advantageous to us in the material, worldly and temporal sense. The spiritual and supernatural aspects of life are hardly given any consideration.

Or, many times our consciousness is simply empty or, at best, largely passive and reactive, waiting for some outside stimulus. We should always make the effort to consciously relate ourselves to God and to others. This is when we can say we are personalizing the truth.

Transformational Leadership:

Key to Quality Education LOU Q. PALMA Kisolon Central Elementary School, Sumilao District

A good leader is a good follower. In the Philippine educational system, what have we done to lead our learners?

Teaching- if we do it right- is tough.

One is challenged to face individuals with different needs, strengths, weaknesses, interests, culture, family background and pace of learning. This is a great call for teachers that needs- mind, body and soul to devout for the betterment of the learners.

Through our new curriculum, we have better hone the pupils to become great leaders in different leaning areas and discipline; English, Science, Mathematics, and even Entrepreneurship. By merely asking a pupil to lead a prayer or song is a way for him to be confident. This confidence maybe developed more if done daily.

Aristotle, Einstein, and Gandhi, etc. are great leaders in their respective forte. Yes, they have been gone for so many years, yet we still follow their path to excellence

especially in education and humanity. They were the leaders who were not afraid to take the step even if it wasn’t that acceptable to many.

Schools that prosper are run by the transformed leaders. They are the ones who are not afraid of taking risks just to commit success. Transformed leaders help the whole DepEd family to achieve quality education, thus, an immense way must be given to them. We need them especially because of the crisis our country is facing today. The harrowing experiences of the Filipino today call for an urgency to address the need.

In the school, we can show to the children that they’re worthwhile and let us allow them to learn the best of what they could that they couldn’t learn elsewhere. Let’s give them that chance. Teach the children to read, for tomorrow they will lead.

Be transformed. Be a leader.

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ADB, French agency to provide LandBank posts P11.7-B profit $400M funding for LGU reforms THE Asian Development Bank (ADB) will provide $250-million loan for the planned comprehensive review of the country’s local government code that aims to boost municipal revenue streams.

In a st ate me nt , t he Manila-based multilateral agency said yesterday that the loan will support the local government finance and fiscal decentralization reforms in the Philippines.

The reform program will receive parallel cofinancing of $150 million from the Agence Française de Developpement.

For the first time since its enactment in 1991, t h e P h i l i p p i n e s’ l o c a l g ov e r n m e nt c o d e w i l l undergo a governmentled, comprehensive review designed to boost municipal revenues streams for the provision of better basic services and to assist local economic development and

job creation.

“The Philippines has t a ken sig nif icant steps to improve the financing system of Local Government Units (LGUs) and to foster transparent and accountable local governance practices.

Reforms should help raise revenues and therefore improve services,” Juan Luis Gomez, ADB senior public management specialist said.

Despite these efforts, weak local tax bases and flaws in the design of transfers make it hard for poorer local governments to deliver the services their constituencies require. As a result, regional disparities in living standards remain wide.

ADB said this could

be efficiently addressed with a review of the local government code.

LGUs represent close to 17 percent of total government expenditures and play a critical role in the provision of basic services like health, education, or housing and community development.

Under the plan, the reforms will include performance-based mechanisms such as the Performance Challenge Fund, which ties greater access to

funding to performance, and the “B ottom-upBudget,” which can improve budget transparency and alignment of national and local development priorities.

Program reforms will also continue implementation of accountability mechanisms, such as the Full Disclosure Polic y or t he Cit izen’s Satisfaction Index. Lastly, the program supports the government’s efforts to improve local financial management systems.

Investments lift DBP’s earnings by 28% in 2013 DEVELOPMENT Bank of the Philippines (DBP) said its net income grew by more than a fourth in 2013 on the back of higher investments, particularly in government’s infrastructure projects.

In a statement, stateowned DBP said it earned P5.28 billion last year, or 27.85 percent higher than the P4.13 billion in 2012.

Helping fuel that was a 49.1 percent increase in investments to P145.75 billion last year from P97.74 billion the previous year.

Loans alone increased by seven percent year-on-year to P127.37 billion, allowing assets to climb to P436.1

billion from P361.08 billion over the same period.

The increase in loans was funded by a 42 percent yearon-year surge in deposits to P251.08 billion.

“2013 was a great year, but challenges lie ahead such as the ever increasing industry competition and stricter capital regulations,” D B P p re s i d e nt G i l A .

Buenaventura said.

He said the bank is gearing up to support the inclusive growth strategy of the national government as stated in the Philippine Development Plan.

DBP finances projects under the Aquino

administration’s Public Private Partnership (PPP) Program. The lender plans to expand its PPP financing program to include projects of local government units (LGUs).

DBP closed 2013 with a capital adequacy ratio of 24.33 percent based on Basel II. It provided no information on how this ratio fares with the impl e me nt at ion of t he stricter Basel III starting January this year.

This ye ar, DBP wi l l increas e its numb er of branches to 102 and expand the number of its ATMs in key locations nationwide.

It also plans to offer more customer-oriented products and services and increase business lines to fulfill its mandate to support small and medium enterprises (SMEs).

“DBP continues to be well-capitalized and will continue to focus on the bank’s natural government ecosystem, the water districts, electric cooperatives, and local government units. As we support the priorities of government, DBP will a ls o t ap public-pr ivate partnership projects and other large infrastructure projects for their financing needs,” Buenaventura said.

The Implementation of Alternative Learning System (ALS) in North District I Division of Cagayan de Oro City TITO P. YONGAO HT III/DALSC/eSkwela Lab. Manager North District I DepEd ALS, Division of Cagayan de Oro City

ALS implementers are compassionate to its mandate in responding to the Education for All (EFA) goals for 2015 through functional and lifelong learning interventions for the marginalized learners who are the last, the least, and the lost members of the community.

The ALS unit has two (2) major programs: the Basic Literacy Program (BLP) and the Continuing Education Program which is the Accreditation and Equivalency System. These programs are different from that of the formal school system since the programs are modular and flexible, which means that learning can take place anytime, whenever and wherever the Instructional Manager (IM), Mobile Teacher (MT), District ALS Coordinator (DALSC) and the learner decide to meet at their convenience.

Basic Literacy

Program. This refers to a community-based educational program for illiterate out-ofschool children, youth and adults, to develop basic literacy skills.

Continuing Education Program. This refers to a community-based educational program for elementary and secondary level who are school leavers, drop-out youth and adults, to become functionally literate individual. Learners in both elementary and secondary level can qualify to register for the A&E Test provided that they can comply the requirements for the test. If these learners will pass the test they will become elementary/secondary graduate and can avail of the prevailages equivalent thereof.

Along with the other functions in North I ALS includes community extension services such as clean-up drive to coastal,

creek, and river bunk participated

by Instructional Managers (IM’s) and learners.

I strongly believe being the district ALS Coordinator in North I that educating the Out of School Youths and Adults (OSY’s/A’s) would equip them to become more productive and responsible members in the community.

GOVERNMENT financial institution Land Bank of the Philippines (LandBank), the country’s fourth largest lender, reported a net income of P11.7 billion in 2013, nine percent more compared to end-2012’s P10.7 billion.

LandBank president and CEO Gilda E. Pico yesterday said they expect the bank’s 2014 performance to mirror last year’s strong income gain. “We are confident about sustained growth this year as we focus on further strengthening core business segments,” she said.

The end-2013 profits exceeded the bank’s internal target of P10.5 billion.

As of end-December, 2013, Landbank’s return on equity stood at 15.9 percent while net interest margin averaged 3.49 percent.

The state-controlled bank’s capital adequacy ratio also remained above industry average at 20.10 percent.

Its coverage ratios for gross loans, in the meantime, were reported at 3.68 percent, past due loans at 154.28 percent and non-performing loans at 159.34 percent.

“Landbank wrapped up another fruitful year with a solid fourth quarter,” Pico said, adding that as a government bank with mandates to eliminate poverty by extending financing and loans to the agricultural sector, they continue to “promote economic growth in step with the National Government’s development platform”.

In 2 0 1 3 , t he b an k’s revenues grew 16 percent

year-on-year to P40.2 billion, backed by the steady growth in its investment income and lending activities. It reported an 11 percent hike in regular loan portfolio which amounted to P303.9 billion while the bank’s investments income also increased by 10 percent to P20.4 billion. As the country’s fourth biggest bank in terms of assets, Landbank also has one of the highest resource-base with total deposits of P705.9 billion by end-2013, up 30 percent year-on-year.

Total assets went up by 22 percent to P841.8 billion while its capital base remained strong at P72.3 billion.

Last year, to beef up capital and prepare for Basel 3 compliance, Landbank rais ed P5 billion f rom the issuance of long-term negotiable certificates of deposits (LTNCDs).

Landbank as a GFI remits 50 percent of its net income to the NG under Republic Act No. 7656 or “An Act Requiring Government-O wned or Controlled Corporations to Declare Dividends under Certain Conditions to the National Government and For Other Purposes” also known as the dividends law.

In 2012, it remitted P6 billion to the NG coffers.

Pico said earlier that the bank’s “solid performance” attests to its “continuing relevance and capacity to expand support to the country’s agricultural sector and the countryside, as the government’s partner in its development thrusts.”

Reading with Comprehension:

AN ONGOING CHALLENGE CESARIO T. FORMOSO, Teacher I Kibenton Elementary School, Impasugong I District

R e a d i n g p l ay s a v it a l role in the quest for quality education.

Pupil’s reading ability is an evidence of what kind of instruction or education a school has . It has been the vision of the school personnel to produce functional or independent readers after reciting the learning competences the whole school year.

To s t r e n g t h e n t h e importance of reading within the educational system, the Department has issued and implemented an Order c a l le d “ No R e ad, No Move Policy “ . Meaning a pupil is expected to possess reading abilities/ p o t e nt i a l s b e f ore h e / she is promoted to the next hig her le vel. In spite of this , there are many pupils who were promoted with reading inadequacies. They are facing the skills which t he y are not re ady to dwell with. Also, they were sent to the higher

level for one reason or another.

Because of this, daily instruction of teachers are greatly af fected .

Instead of moving to the next lesson, they tend to go back or stay long to the basic skills due to the presence of the “ special children “. In fact , sometimes teachers are behind with minimum learning competencies for a c e r t ai n g r a d i ng period.

O u r s c h o o l experienced the same scenario. For this reason, reading with comprehension still an ongoi ng ch a l l e nge and somehow would be resolve through an effectiveinnovation program. The self realization of how r e a d i n g i s i mp o r t a nt and what benefit it could bring, the genuine love for reading must be inculcated and nurtured trough an exciting, interesting and unique program and activities.

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Hotspot...

from page 2 corner, every peak, every shoreline of our archipelago, and encourage their friends and family to do the same. To achieve this, we need all of you to become advocates of our country—first, to go above and beyond your normal responsibilities, to do everything you can towards the resounding success of each and every trip, even as we in government continue to do our part,” he said.

The President also said the administration remains on track for meeting and even exceeding its targets.

He said it has already surpassed its initial target of 35.5 million domestic travelers five years ahead of schedule, with 37.5 million travelers in 2011 alone.

“Now, Secretary Mon Jimenez has the fun task of meeting, or better yet, surpassing our new 2016 target of just 56.1 million domestic travelers,” he said.

(PCOO) The President added that in EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

Notice is hereby given that the intestate estate of the late MARIA WYNIE Y. CREBILLO,who died intestate on July 29,2012 in the Cagayan de Oro City, left A PARCEL OF LAND (Lot 6591-F,Psd-10-034568),being a portion of Lot 6591,Cad-237 CADASTRE,situated in the Barrio Iponan,Cagayan de Oro City, containing an area of SIX HUNDRED FIFTY (650) METERS,more or less,covered

by TCT No. 137-2011004856,is the subject of extra-judicial settlement among heirs with sale under the notary public of QUINTILIANITO S. BABARIN,JR. As per Doc. No. 137;Page No.28;Book No. 74 series of 2013.

2012, the country reached another milestone by surpassing the fourmillion international arrival mark.

In 2013, despite the calamities that befell the country, the figure still grew by 10 percent to 4.7 million international arrivals.

“The good news is that, while the growth of international arrivals was affected last year, we found that international tourists have been spending more money on their visits here—with average daily expenditures among them increasing by 8.7 percent,” he added.

Baguio...

from page 4 • A b s e n c e o f a s h a r e d commitment to a common goal • Conflicting individual interests • Perceptions of inequity in the sharing of effort, costs, and benefits • Exaggerated self-assessment of competence (or the lack of it) • Differences in status and authority which hinder meaningful debates and the free flow of information” The above list anticipated problems years ago and these remain as well with the implementation of K to 12. And the reasons cited above remain true for this school year. And adding to these challenges is a lack of clarity on what the responsibilities of the local units really are.

For example, who is in charge of kindergarten teacher compensation? The local government or the Department of Education (DepEd)?

DepEd is the main agency that ERRATUM

Notice for publication change of name from KURT ELY to CLARITO III dated February 7&14,2014 should be petition may file his written opposition with the office not later than February 16,2014,not as published.

Our Apology. Ads taker

BWM: Feb.17, 24 & March 3, 2014

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In the matter of the petition for change of SP. PROC. NO. 284-07-2014 name and correction of entries in the Certificate of Live Birth of ERICA GENERALE AGUINID For: Change of Name and otherwise known as ERICA CAŇEDO AGUINID. Correction of entries Under the entry of the “child’s mother” be corrected from CATHERINE GENERALE AGUINID to CATHERINE GENERALE CAŇEDO. And under the entry of the “child’s father” be corrected from “Unknown” to RICKY LOMOSAD AGUINID.

CATHERINE CAŇEDO AGUINID,

Petitioner.

-versusTHE CITY CIVIL REGISTRAR OF ILIGAN CITY,

Respondent.

X--------------- -----------------/ ORDER

A verified petition for the change of name and correction of entries in the Birth Certificate of ERICA GENERALE AGUINID was filed before this court by the herein petitioner praying among others that after notice and hearing, an Order be issued to effect the change of name and correction sought for.

Petitioner alleges that she is of legal age, Filipino, married, and resident of Poblacion, Magsaysay, Lanao del Norte, Philippines. The Respondent is sued in his official capacity as such, being the City Civil Registrar of Iligan City; She is the biological mother of ERICA whose Birth Certificate is the subject matter of the petition sought to be corrected. On July 21, 2000, petitioner delivered a baby girl at the Gregorio T. Lluch Memorial Hospital in Iligan City. She named her ERICA. During her conception and the delivery of the child, she and Ricky Lomosad Aguinid, the child’s father were just a live-in partners, giving birth to a child without the benefit of marriage; That during the time of the registration of birth of ERICA, the information she gave is, her child shall be named ERICA CAŇEDO AGUINID, and that she is illegitimate, that is why under the name of father it is written therein as “UNKNOWN”. And the name of mother, because she was already living with Ricky, she made it to appear as Catherine Generale “AGUINID”. That on June 23, 2011, petitioner eventually got married to RICKY LOMOSAD AGUINID before the Mayor’s Office in Kolambugan, Lanao del Norte. Consequently, the marriage of petitioner and her husband legitimizes ERICA who has been registered as ILLEGITIMATE to change her status from Illegitimate to legitimated child. That there is a need to change and correct the entries of her birth record of said minor child to avoid confusion and to conform to the true and correct facts of her birth. Hence, the filing of the petition which is filed in good faith without intention of defrauding any person/s or entity.

Set the initial hearing of this case to July 11, 2014 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the Office of the Solicitor’s General, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Iligan City, and to the petitioner’s counsel, Atty. Florendo Opay of Crossing Tubod, Lanao del Norte and the petitioner at her known address.

Any person who has interest over the petition may come to court on said date and time to show cause why said petition should not be granted. Petitioner is hereby directed to publish copy of this Order to a newspaper of general circulation within the province of Lanao del Norte.

SO ORDERED.

Tubod, Lanao del Norte.

February 14, 2014.

(Sgd.) DENNIS P. VICOY

Acting Presiding Judge BWM: Feb. 17, 24 & Mar. 3, 2014

employs and pays kindergarten teachers. And there are LGUs that help in the kindergarten program and provide honoraria for kindergarten teachers.

And in describing how K to 12 will be funded in the coming years, DepEd lists the following: (1) Private partners can donate through Adopt-a-School program that provides them a 150 percent tax rebate for their contribution.

(2) Individuals and institutions can take part in the TEN Moves!

Campaign to build 10,000 classrooms by donating P10 per day for ten months.

(3) LGUs can follow the frontloading scheme using their Special Education Fund as collateral and the allocation as amortization.

(4) For teacher items, LGUs also help by hiring qualified teachers for our public schools and paying honoraria for them.”

It is perplexing that for a huge reform such as K to 12, the funding behind the program is quite sketchy.

However, this is not surprising as there is no enabling law for K to 12.

Unfortunately, having an enabling law still does not guarantee a clear source of funding.

Jollibee... from page 5

System-wide retail sales -- a measure of all sales to consumers from company-owned and franchised stores -- climbed 12.8 percent last year to P104.1 billion from P92.27 billion in 2012.

Last year’s sales performance was the highest organic growth in six years, JFC said.

Sales jumped 13.9 percent to P28.87 billion in the fourth quarter alone from P25.35 billion in the same period in 2012.

“We opened a total of 98 new stores in the fourth quarter of 2013, the highest number of new stores opened in one quarter in JFC’s 35-year history,” said its chief operating officer Ernesto Tanmationg.

The listed firm hiked its capital expenditures to P6.3 billion this year from P4.1 billion last year to roll out new stores and renovate existing outlets in the Philippines and abroad.

“Our progress in building the business has been taking place across our brands in different countries. In the years ahead, we look forward to further

strengthening our brands and to accelerating our profitable growth by keeping our intense focus on the fundamentals of our business for the benefit of our consumers: superior product quality and taste, value, service, restaurant experience and store locations made possible by an even stronger JFC organization,” said Tanmationg, who will assume the position of chief executive officer effective July 1.

Sales in the Philippines grew 12.2 percent during the fourth quarter. Total sales of the foreign businesses expanded by 21.2 percent on account of the 19.2 percent growth in China, 17.2 percent increase in United States and 35.3 percent jump in Southeast Asia and the Middle East.

Worldwide same-store sales grew 8-9 percent during the fourth quarter. Net income margin improved to 5.8 percent of revenues last year from 5.2 percent in 2012.

The Jollibee Group opened 235 new stores across all brands in 2013.

JFC operates the largest food service network in the

Philippines with 2,181 stores at end-December 2013 comprising the flagship Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal and Burger King. It was operating 583 stores abroad, including Yonghe King, Hong Zhuang Yuan, San Pin Wang and Chow Fun. JFC has a 50 percent interest in joint ventures for Highlands Coffee (Vietnam, Philippines) with 84 stores, Pho 24 (Vietnam, Indonesia, Philippines, Hong Kong, Macau and Japan) with 70 outlets and 12 Sabu (China) with eight.

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

Shared Leadership and Governance:

A School Based Management Principle CESARIO T. FORMOSO, Teacher I Kibenton Elementary School, Impasugong I District

School-Based Management ( SB M ) is one of t he Department’s innovation geared towards academic e xc e l l e n c e . It i s t h e decentralization of decision-making authority to schools where school heads, teachers, and students work together with the community leaders, local officials and other stakeholders to improve school performance. This means that school heads, school personnel and stakeholders are empowered to manage resources,

develop curriculum and being accountable for the students learning outcomes and school performance.

In addition, Republic Act 9155 (p. 11) stressed that establishing school and community network and encouraging the active participation of teachers organization, non- academic personnel of public school and community association must t a ke place at t he school level. This implies t h at s ch o ol h e a d s and community members should establish rapport

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 25 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2014-003

Upon extra-judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND,Mortgagee,with address at J.R.Borja Street,Cagayan de Oro City, against GIL DRETCH B. NAILON, Mortgagor,married to GEANI S. NAILON,with postal address at Door 3,Garcia’s Pad,Bacan Compound,Balulang,Cagayan de Oro City,/Lot 3046-B-1-B-1-A-2-L & Lot 3046-B-1-B-1-A-2-J PSD-10-056268,Balulang,Cagayan de Oro City, to satisfy the mortgage indebtedness as of December 13,2013 amounts to EIGHT HUNDRED NINETY EIGHT THOUSAND EIGHT HUNDRED NINETY EIGHT PESOS & 81/100 (P 898,898.81) inclusive of interest and penalty charges, attorney’s fees equivalent to ten (10%) percent of the total indebtedness plus the foreclosure expenses, the undersigned Sheriff will sell at public auction on March 14, 2014, at 10:00 o’clock in the morning or soon thereafter at the main entrance of the Hall of Justice, Arch, Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency ,the property mentioned in the said mortgage which is described as follows: TRANSFER CERTIFICATE OF TITLE NO.157-2011001116 “A PARCEL OF LAND (Lot 3046-B-1-B-1-A-2-L, PSD-10-056268,portion of Lot 3046-B-1-B-1-A-2, BSD-10-003803).Situated in Balulang,Cagayan de Oro City, Island of Mindanao.Including all improvements constructed thereon,containing an area of SEVENTY SIX SQUARE METERS (76 SQ.M.), more or less.”

TRANSFER CERTIFICATE OF TITLE NO.137-2011001117 “A PARCEL OF LAND (Lot 3046-B-1-B-1-A-2-J, PSD-10-056268,portion of Lot 3046 –B-1-B-1-A-2, BSD-10-003803), Situated in Balulang, Cagayan de Oro City, Island of Mindanao. Including all improvements constructed thereon, containing an area of SEVENTY FIVE SQUARE METERS (75 SQ.M.),more or less.”

and support mechanism that may yield school academic improvement. This will somehow promotes and creates an environment within the school that is conducive to teaching and learning.

The SBM primer and documents stressed out that school and community partnership will really lead to high performance both in academic and non-academic activities. Along with these claims, however, the result of the division validation re quires suf f icienc y of REPUBLIC OF THE PHILIPPINES) ) SS.

AFFIDAVIT OF CLAIM WITH WAIVER OF RIGHTS We, ARMINDA GALARRITA,ROSALIA MUGOT,CANDIDA MUGOT,LORENZO MUGOT,LUCENA MUGOT,MELVA MUGOT AND BENJAMIN MUGOT all of legal age, Filipino, and residents of ZONE 4 ALO,EL SALVADOR MISAMIS ORIENTAL, after having been duly sworn in accordance with law, hereby depose and state, that: 1. We hereby declare that we are the only surviving heirs of the deceased depositor, VALERIANA B. MUGOT, who died on August 31, 2014, a copy of the Certificate of Date is hereto attached as Annex “A”. Likewise, we further state under pain/penalty of perjury ,punishable by imprisonment under the Revised Penal Code, that we do not know any other heirs of the decedent;further,decedent does not have any known debts or obligations unpaid at the time of his/her death; 2. At the time of his/her death, he /she left Savings Deposit Accounts/s with the Philippine Veterans Bank- CAGAYAN DE ORO Branch under Savings Account No. 0023373090100 with a balance of 383,198.17; 3. The aforesaid deposit is the only property/asset of the said deceased depositor; 4. We hereby request the Philippine Veterans Bank- CAGAYAN DE ORO Branch, to release the balance of the said deposit account in favor of LUCENA B.MUGOT and/or to transfer the balance of said deposit account to an in his/her name,we,his/her co-heirs,having waived our rights over the said deposit account in his/her favor.

5. We hereby hold the Philippine Veterans Bank free and harmless from any claim/suit that may be brought against it by reason of the release of the said amount in favor of LUCENA B.MUGOT and we hereby undertake to indemnity the said bank in the event it suffers damages should any heir or creditor subsequently claim deprivation of any rights by virtue of this release and settlement.

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

In the event the public auction should not take place on the sais date for whatever reason, the same will proceed on the following day, without further notice, posting and publication.

Prospective buyers/bidders may investigate for themselves the title of the herein above-described properties and encumbrances thereon, if any there be.

Cagayan de Oro City, February 6, 2014.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

(Sgd.) LOVE M. VERDADERO Sheriff IV BWM: Feb.17, 24 & March 3, 2014

evidences that support the implementation on school leadership and governance.

These somehow explain the need for substantial documentation and high involvement of stakeholders as partners in the educative process. The assessment and feedback made the teachers and stakeholders believe that school based management is a g re at challenge to school managers who are the implementers at the grassroots level specially on the principle shared leadership and governance.

BWM: Feb.17, 24 & March 3, 2014

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Airport... from page 1

“De Hoya told us the Korean contractor, SKYKR Consortium, for the Air Navigation System and Support Facilities asked for an extension in the project implementation to November this year,” Moreno told reporters after the meeting.

The lack of navigational aid had hampered operations at Laguindingan Airport, which opened on June 15, 2013 and is considered the premier airport in Northern Mindanao.

When a low pressure area which later developed into tropical depression Agaton hit Mindanao for three weeks last month, airline companies were forced to cancel 12 of the 21 daily flights in Laguindingan Airport, the Oro Chamber said in its report.

Moreno said de Joya told them the Korean contractor reasoned that the daily operations in Laguindingan Airport have limited their time to install the navigational system.

“The Korean contractors complained they can only work at night and have to stop when morning comes to give way to the daily flight operations,” Moreno said.

He said they and CAAP agreed to study two options that may solve the problem.

The first option, he said, is to give incentives to SKYKR Consortium so it can get more workers and equipment for the job.

Moreno said the second option was to transfer the passenger operations back to Lumbia but he said this proposal would be “expensive.”

“Lumbia is out of the question. Transferring back to the old airport requires three-month preparation,” he said.

The mayor said they would prefer the first option since the incentives can be sourced from savings in the construction of the airport.

He said they would have to provide an independent consultant to monitor the progress of work if the option to give incentives pushed through.

Aboitiz...

from page 1 partnered with construction c omp a ny J VA A n g e l e s Construction Corp. (JVA Angeles) in submitting an unsolicited project proposal to the water utility. Mr. Orig said Aboitiz partnered with the construction company because of its expertise in hydrology.

JVA Angeles built some of the hydroelectric plants of Hedcor, Inc., an Aboitiz subsidiary that runs small hydropower projects.

The amount of projected savings, Mr. Orig explained, was based on the premise that once the project is completed, it would be able to sell 300 million liters daily to the water district, and DCWD would eventually put to rest

its ground water wells, which have become the main source of tap water here.

This city has a population of over 1.5 million. Current per capita consumption is an estimated 150 to 200 liters daily, and this does not include industrial and commercial use.

Mr. Orig shot down claims by some groups that the project will lead to the privatization of DCWD. He said that the project will only supply water to and not take over the utility’s operation.

Also, a component of the project is the setup of a 12-megawatt hydroelectric plant under Hedcor, as the bulk water system will draw power from the plant for its operations.

The initial study of DCWD, said Imelda T. Magsuci, its spokeswoman, was for surface water extraction because the utility has been into “water mining since 2011,” or extracting more volumes of water from underground through the wells.

At p r e s e nt , D C W D sources 99.3% of its water supplied to customers from the wells, with the remainder coming from surface water.

The utility earlier said that it would release its evaluation of the project, which will also be the subject of a Swiss challenge, allowing other companies to submit their bids for the project.

Both the water district and the proponents agreed the project must be started within the year, with the target of completing in 2017. This is because, by 2018, the water demand of the city and the water supply will be equal.

Power... from page 1

the media men when asked during the Protected Areas Management Board (PAMB) meeting on February 6, 2014 at the Macapagal Training Center, Tubod, this province.

Upon its full operation, the plant will help solve the power crisis in Mindanao and allow for expansion of local industries with the stable supply of power now readily available, said Francisco.

We have a signed contract with AMRECO (Association of Mindanao Rural Electric Cooperatives) composed of about 20 electric cooperatives from all over Mindanao for a total of 300 megawatts, Francisco added.

GNPower already operates two coal-power plants in Luzon, the Mauban Plant in Quezon province and Mariveles plant in Bataan.

“What’s go o d ab out GNPower is that they meet the international standards in environmental and work safety. DENR is also on board to ensure that there is minimal impact to the environment”, Governor Khalid Dimaporo said.

GNPower’s investment here in Lanao del Norte not only addresses the Mindanao power crisis but it also shows that it’s easy to invest here in the province.

From t he municip a l

11

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level, provincial even up to the congressional level, we all work hard together for development. This is our style of leadership, Dimaporo stressed.

While on their part, Project Engineer Francisco assured the people of Kauswagan and the province’ constituents that they will comply with all the requirements for this

vital project as they continue to partner with the local community.

More than P22-million pesos are also earmarked annually as GNPower’s livelihood assistance to local residents and nearby communities. This fund will also help in the electrification of remote barangays in the province. (PIA-10)

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6th Cinema Rehiyon’s ‘Crossing Regions’: From Baguio to Davao to Germany

By Althea Dianne Felix

From one region to another, these films feature “crossbreed” of stories shot in different locations, with themes highlighting artistry and gender equality.

These films are under the roof of the program, “Crossing Regions” of the upcoming sixth installment of Cinema Rehiyon, to be hosted by Xavier University’s Xavier Center for Culture and the Arts (XCCA) on February 18-22.

Three f ilms will b e presented for the mixed program, showing at Feb 21, 7-9p.m. at Xavier University Little Theater (XULT) and on the next day at SM City Cagayan de Oro Cinema 3, 12 noon to 2:30p.m.

T h e l i n e up w i l l b e frontlined by “Strawberry and Durian” by Noriel Jarito, a story about two artists, who met in the city of Davao and fell in love with each other.

However, a desperate small time crook is trying to hunt them.

As the film synopsis asks, “Could they possible surpass all the challenges that might come along their way?”

Moving on, “Bamboo Flowers” by Maryo delos Reyes will follow Jarito’s film.

Written by Aloy Adlawan, “Bamboo Flowers” is about youth’s problems, hopes and

aspirations, love and life, forgiveness and acceptance.

Among the members of the cast are Mylene Dizon as Sandra, a Boholana who went back to her province after losing her husband and Max Collins as Dolores, a Tourism undergraduate who did his internship at a posh resort and met an old tourist who offered her an opportunity of a lifetime.

Lastly, Crossing Regions will feature “Jazz in Love” by Baby Ruth Villarama.

Villarama’s film depicts the long distance love af fair between Ernesto “Jazz” Tigaldao and his German boyfriend Theo Rutkowski, which all started on Facebook.

Is it going to be a happyever-after ending? That’s for us to find out this Feb 22 at SM Cinema 3.

A f te r t h e pro g r am , there will be an interaction between the audience and the filmmakers.

Under the banner of the National Commission for Culture and the Arts (NCCA), Cinema Rehiyon forms part of the National Arts Month (NAM) celebration. *** For more information ab out t he 6t h Cinema Rehiyon, you may visit cinemarehiyon.com.

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