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2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 103

Market Indicators As of 6:23 pm feb. 14, 2015 (Friday)

FOREX

PHISIX

US$1 = P44.28

7,773.45 points

9 cents

X X Briefly 58.86 points

Anti-poverty OROQUIETA City – Some P12.5 million have been programed to fund eight anti-poverty projects, under the Buttoms-Up Budgeting/ Grassroots Participatory Budgeting Process (BUB/ GPBP), here, this year. Of these projects, five are for road concreting, while the three others are for the construction of the water system, Fely Uy, City Director of the Department of Interior and Local Government (DILG), said. Meanwhile, Jovencio P. Naranjo, BUB/GPBP Coordinator, said these projects have been identified by the civil society organizations (CSO) in the city, from a list of anti-poverty projects, they themselves have prioritized.

Tourism projects DAVAO City -- The province of Compostela Valley will be a recipient of 5 road projects under the TRIP (Tourism Road Infrastructure Project). The projects will have an allocation of P330-million and will be implemented in 2015 this according to Christine Dompor, Comval’s Provincial Tourism Officer. The TRIP is a convergence project of both the Department of Tourism- (DOT)and Department of Public Works and Highways. And is aimed at connecting hard-to-reach tourism destinations. Under the TRIP, the DPWH can develop remote road networks regardless of classification. “Even if the road is a provincial or barangay road, the DPWH can still improve on it thru the TRIP.” Dompor said.

P15.00

Mindanao lawmakers agree to support BBL www.businessweekmindanao.com

Monday | February 16, 2015

By Philippine News Agency

INDANAO solons, both Christians and Muslims agreed in principle that they will pass Bangsamoro Basic Law (BBL) minus the unconstitutional parts, Cagayan de Oro City Rep. Rufus Rodriguez over the weekend assured the public.

HARVEST TIME. Laborers in Barangay Tukanalipao, Mamasapano, earn P20 for hauling a sack of newly-harvested corn. The corn harvest came from the pawas (marshland) near the site of the bloody exchange of gunfire between the Special Action Force of the Philippine National Police and the Moro Islamic Liberation Front (MILF). mindanews photo by gregorio bueno

P2.3-B transmission for San Miguel’s Davao coal-fired power plant approved By MYRNA VELASCO, Contributor

THE P2.31 billion MalitaMatanao 230 kilovolt (kV) transmission project of the National Grid Corporation of the Philippines (NGCP)

that shall underpin the wheeling of capacity of t h e 6 0 0 - m e g aw att S an Miguel Consolidated Power Corporation’s (SMCPC) coal-

fired plant has been granted regulatory approval. It has been emphasized that the cost of the project cost has been scaled down to P2.310 billion – from approved/PAGE 7

Ro driguez, however, could not categorically tell the timeline because they were still waiting for the recommendation and results of the ongoing investigation being handled by different government agencies. “Our signal to reconvene the members of the Ad Hoc committee on BBL is the report of Board of Inquiry of the Philippine National Police and other investigating government agencies,” Rodriguez said in an interview. He denied r umors that they were no longer interested to pass BBL, saying that they were only forced to temporarily stop going line-by-line after they have conducted more than 30 hearings because most of the committee members asked

to wait for the report. He admitted that the Mamasapano fiasco, killing 44 police commandos of the Special Action Force (SAF) last Jan. 25, was the main reason for the eroding support. “Nobody does not support peace. All of us, including Muslim solons want peace and this is the reason why we want to pass BBL,” Rodriguez said. According to the panel chairman, they will give more weight to the investigation and recommendation of the Board of Inquiry being conducted by the Criminal Investigation and Detection Group (CIDG) of the Philippine National Police. He said that he will not elevate this bill to the plenary bbl/PAGE 7

Delayed dam project could have saved city from Sendong (Last Part) By MIKE BAÑOS, Editor-at-Large

AC C ORDING to t he D e p ar t me nt of P ubl i c Works and Highways, the maximum flood height in 16 December 2011 was 7 to 9 meters over its average

height during the last 75 years. (During the floods in January 2009 the level of the rivers reached 2m). http://typhooncommittee. org/do cs/public at ions/

ESCAPWMOTD_0007.pdf The capacity, volume or storage of a reservoir is usually divided into distinguishable areas. Dead or inactive storage refers to water in a reser voir that cannot be drained by dam/PAGE 7

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E conomy 2 SSS opens Lapasan Branch in CDO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|february 16, 2015

THE Social Security System (SSS) expects to increase by 50 percent its membership in the eastern part of Cagayan De Oro as it opens a new branch in Lapasan, Agora on February 12, 2015. The new SSS Lapasan Branch will ser ve about 7,600 members but projects 3,000 more by year-end as it starts to intensify mapping strategies for social security coverage. “ We h a d i n i t i a l discussions with the 10 municipalities and seven barangays under our

jurisdiction to encourage me mb e rsh ip e sp e c i a l ly among job-order personnel and farm workers,” said SSS Lapasan Branch Head Valentine Viajar-Aunzo. Areas covered by SSS Lapasan are the municipalities of Libona, Malitbog, Manolo Fortich, Vi l l a n u e v a , C l a v e r i a , Ta g o l o a n , B a l i n g a s a g , Lagonglong, Jasaan, Salay and seven barangays. SSS members will have easier access to the new branch located at the ground floor of the Market City

building in Agora Complex. The complex houses jeepney terminals of the 10 municipalities covered by SSS Lapasan as well as bus terminals bound for Butuan, Davao, and Bukidnon. “The SSS is increasing its presence all over the country to make SSS transactions easier and more convenient to our members. This also affords more segments of society immediate access to social security,” OfficerIn-Charge for Northern Mindanao Edwin M. Alo said.

SSS L apasan Branch issues SS number; accepts and processes applications on salary loan as well as c l a i m s o n r e t i r e m e nt , d i s abi l it y, f u n e r a l and death including sickness notification. It also has a UMID Data Capture Station and e-Center facilities. Pensioners can also visit the Branch to comply with the Annual Confirmation of Pensioners to continue receiving their monthly pension. To date, SSS Lapasan has 755 employer accounts

DSWD targets high-quality database of poor families BUTUAN City -The Department of Social Welfare and Development (DSWD) Field Office Caraga is currently preparing for the upcoming second round family assessment to update the database of poor families in the

region through the Listahanan project. “The purpose of this assessment is to update the database of poor families and also to provide a highquality data to help our partners like the national government agencies

0935-160-0668 HERMILINO VILLALON

22nd/31st Nazareth, Cagayan de O ro Cit y

and other stakeholders as basis for their social protection programs and services,” said DSWD Caraga regional director Minda B. Brigoli. The family assessment will be conducted to generate the socioeconomic data of each family and come up with the list of poor families who should be the beneficiaries of the government’s social protection programs and services. The Listahanan is a national government project implemented by the DSWD. It is an information management system that aims to

establish a reliable database of poor families to be prioritized in the delivery of social protection programs and services of the Government. An amount of P51, 544,500.00 is allotted for this activity. DSWDCaraga needs 1,577 field staff composed of 41 Area Coordinators, 206 Area Supervisors, 1,030 Enumerators, 150 Encoders, and 150 Verifiers to successfully complete the second cycle. The applicants who will be hired will undergo thorough trainings and orientations.

with 4,146 employees with a projected average collection of about P2 million per month. It also monitors membership of 2,707 selfemployed members and 606 AlkanSSSya members which will remit about P2.7 million every month. Star ted in 2011, the AlkanSSSya program which derived its concept from a pigg y bank, is a large metal safety box with secure individual compartments in which members can put their savings to pay their monthly SSS contributions.

An SSS account officer goes to the site every month to credit the contributions. SSS signs an agreement with partner associations that represent self-employed or informal sector workers. The SSS will continue to open additional branches this year with five new branches and five service offices in the pipeline this year. As of December 2014, SSS has 262 offices across the Philippines located in NCR (60); Luzon (118); Visayas (41), and Mindanao (43). (PNA)

BIR bares 2015 tax goal for SurSur TANDAG City – The Revenue District Office 106 (RDO 106) of the Bureau of Internal Revenue (BIR) in Surigao del Sur bared its 2015 collection goal. BIR chief Monib Dimakuta said their office is tasked to collect P913,525,000, citing the monthly breakdown as follows: Ja n u a r y — P 8 1 , 9 4 6 , 0 0 0 ; Februar y—P60,636,000; March—P59,625,000; Apr il—P98,317,000; May—P76,993,000; June—P68,948,000; July— P 7 6 , 9 0 1 , 0 0 0 ; Au g u s t — P77,234,000; September— P72,852,000; October— P80,378,000; November— P87,412,000; and December— P72,283,000. This means an increase of 33.62 percent over the preceding year with a collection

target of P745,763,000, he explained. Meanwhile, the said office has yet to show the January 2015 tax collection accomplishment. It can be recalled that late last year Dimakuta expressed optimism that 2015 would be a better year for their office. At the same time, the local BIR chief admitted that while calendar year (CY) 2014 was quite a struggle on their part, they still managed to raise the bar as far as tax collection is concerned. Dimakuta pointed out that year in and year out, the BIR office here has always posted a steady rise in tax collection by surpassing the each and every preceding year only that they were not able to hit the collection goal lately.

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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Getting Fit

hink a minute…Mr. Louis Joline was awarded one of America’s “Fittest Over 50.” At the age of 65, He had completed 61 marathon races. Remember, a marathon is running 26 miles! You would not think this man needs help or encouragement to run. But Louis Joline has admitted that he needs to belong to a running club. He says that he cannot get physically fit and strong by himself alone. He always advises people: “You should exercise with a group, because if your friends are exercising, then you will too!” This is also true when you need to get spiritually fit and strong in your new life with Jesus Christ. There are two things in life that you cannot do alone: Be married and Be a Christian. God created and designed us all so that we need each other to encourage us when we fail, get discouraged or hurt. We need to spend time every week with friends who are successfully living for Jesus. Then, we can be motivated and learn from their good character and example. We also need true teaching, spiritually healthy food, to keep growing and maturing in our Christ-like character. We need to learn through clear, practical teaching from the Bible how to live Jesus’ way successfully in everyday,

THINK

A Minute

By Jhan Tiafau Hurst

real life. Are you involved and committed to a church: your spiritual family? Do you have close, Christian friends who love Jesus and live His way every day? Do you have someone you can talk and pray with about your problems? Are you hearing clear, practical teaching every week how to daily live the successful Christian life? You and I can only become spiritually fit and strong through a team effort. When you join Jesus, you join His team and family. So why not ask Jesus to take full charge of your character and daily lifestyle? Then ask Him to lead you to a church family where you can learn to live Jesus’ right, successful way. Remember, it is only together with our spiritual family and team that any of us can finish our race well—more like Jesus. Just Think a Minute…

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The Eurozone Crises

et me answer the f o l l ow i n g q u e s t i o n : What consequences Greece’s bankruptcy may entail? Let’s do the job probably! The new government in Athens is holding on to its position that it wouldn’t seek an extension of the country’s bailout program. Experts say this stance could lead to Greece’s bankruptcy and its exit from the Eurozone. Greece’s international lenders insist that Athens should accept an extension of its bailout program. However, the country’s new prime minister, Alexis Tsipras, can “swallow this bitter pill only if it is well-flavoured,” said Jörg Krämer, chief economist at German “Commerzbank”. “A compromise might involve extending the maturity of bilateral loans to 50 years, suspending debt servicing for the first 10 years and reducing further the already low interest rates on Greek debt,” Krämer stressed in an international television interview. Additionally, the Eurozone could propose an exchange deal to Athens, the economist added.

It could involve backflipping from the original demands mandating Greece to undertake privatizations and trimming down public services, if in return the new Greek government cracks down on tax evasion and widespread corruption, which was in any case one of the main electoral planks of the ruling party, Syriza, Krämer noted. The EU could also pay the final installment of the aid package amounting to 1.8 billion Euros ($2 billion) as part of a compromise, he stressed. If the next meeting of Eurozone finance ministers, due to take place on February 16, 2015 fails to agree on a way forward to resolve the stand-off, then we would have to significantly increase the likelihood of a Greek default and exit from the monetary union, the German bank economist underlined. And a looming Greek default would also lead to the European Central Bank (ECB) turning off liquidity supply to the country’s banks as the bonds held by these financial institutions would become

worthless. The ECB’s statutes don’t allow it to support an insolvent banking system. Greece would be “switched off ” from the ECB money supply, thus effectively forcing the country out of the currency union. One alternative for Greece is to reintroduce the drachma, the nation’s currency before entering the Eurozone. Many experts believe this is the best way for Greece to regain its competitiveness as a drastically devalued drachma could boost the crisis-stricken country’s tourism sector besides reviving the moribund economy’s exports. The negative side, however, is that it also makes the country’s imports much more expensive. A new, devalued currency could be a boon for Greece’s tourism industry. But, is the former Greek currency Drachma is an option? Moreover, there are other problems. Even if Greece were to exit the Eurozone, its debts would still remain - in Euros - and they would have to be repaid. This already high debt would go through the roof, as Greeks would have to

H ave M y Say

By Klaus Doring

repay Euro-denominated debts through a new and devalued currency. While this scenario may prove catastrophic for Greek banks, international creditors to Greece could also face the risk of a total loss of their claims. Another potential danger is the so-called bank runs, if the Greeks withdraw massive amounts of money from their bank accounts in a bid to hold on to their Euros. Such a development would trigger a collapse of the nation’s banks, leaving the entire Greek financial system in disarray. Yes. very hard times can be noticed at the horizon. For the European - AND world economy!

Battle that changed the course of history (6)

n commemoration of the month-long battle to liberate Manila , we recall in this series the sequence of events as they happened week by week 70 years ago. In the previous article we narrated how the Allied forces continued to tighten the vice on the Japanese and how they “prepared” for urban warfare – the first and only one of its kind to be waged in the whole Pacific theater. The Japanese forces, mostly naval troops under the defiant Admiral Iwabuchi, were drilled differently. Based on captured documents, the Japanese troops received special orders which they carried out with deadly efficiency. One order read: “The Americans who have penetrated into Manila have about 1000 troops, and there are several thousand Filipino guerrillas. Even women and children have become guerrillas. All people on the battlefield with the exception of Japanese military personnel, Japanese civilians, Special Construction Units, will be put to death.” Another order read: “When Filipinos are to be killed, they must be gathered into one place and disposed of with the consideration that ammunition and manpower must not be used to excess. Because the disposal of dead bodies is a troublesome task, they should be gathered into houses which are scheduled to be burned or demolished. They should also be thrown into the river.” It was not long before the Rape of Manila (or the Sack of Manila) commenced. This dark chapter in the history of Manila resulted in more than 100,000 civilian casualties in just three weeks. That was 1

out of 10 civilians residing in Manila at that time. The Rape of Manila was next in magnitude only to the Rape of Nanking in 1937 which resulted in 300,000 civilian casualties but over a longer period of sixty weeks. The Rape of Manila lasted almost three weeks. The torching and dynamiting of whole sections of the city, the systematic killings, rapes, mutilation and looting started as soon as the Japanese sighted the Allied troops. GIs approaching Manila could only watch as the skies over the city turned purple for several nights. Several accounts described “huge explosions before we entered the city” … “a landscape of hell”….”flames shooting in the air” …..”balls of fire all night long.” By the time the Allies reached them, most of the Malate and Ermita areas have been reduced to ashes. The Japanese soldiers attacked civilians regardless of gender, age, nationality or religion. Among the casualties were German nationals who were supposed to be Japanese allies. Swiss nationals who were supposed to be neutral were likewise killed. Nuns were not exempted from being raped. Children and babies became objects of bayonet practice. No building in the battle zone was spared – the Red Cross building, residences, schools, hospitals, churches, convents, hotels. Women and young girls were herded into Bayview Hotel where they were repeatedly raped. Several rape victims eventually committed suicide. The men were brought to Manila Hotel where in batches of twenty or thirty they were slaughtered. One of the many senseless killings, now known as the La

Salle College Massacre, occurred on Day 10. The Father Superior of the Redemptorists in Manila, Father Francis J. Cosgrave, was at De la Salle when it happened. Father Cosgrave had been provided quarters by the De La Salle brothers after Cosgrave was kicked out of Baclaran church a few days earlier. He later recounted before the War Crimes Authority : “About 70 people sought protection at De La Salle College. A Japanese officer and 20 soldiers entered and at the officer’s command, the soldiers began bayonetting all of us, men, women and children without provocation. Some of the brothers escaped up the stairs but were followed into the chapel where they were bayoneted, shot or slashed with sabers. When the Japanese had finished, they threw our bodies into a heap at the foot of the stairs… Not many died outright, a few died within one or two hours. The rest slowly bled to death. The soldiers retired and we heard them later drinking outside. Frequently they returned to laugh and mock at our suffering.” “That night I managed to extricate myself from the dead bodies and hid behind the high altar of the chapel, where I was joined the next morning by eight or ten others still alive. We remained there (until we were rescued). At times the Japanese soldiers came in and tried to violate young girls who were actually dying. The soldiers ransacked the building… all the sacred vessels were stolen.” AhighrankingCatholicpriest (whose name was withheld) narrated other incidents: In Looban (operated by the Sisters of Charity) , “…there were more than 1,000 refugees mostly

SPEAKING

O ut

By Ignacio Bunye

women and children, when the Japanese fired the convent. In Concordia College there were more than 2,000 refugees, including babies, orphans and foundlings, sick people and the insane. On firing the building the Japanese closed the doors with chains and surrounded it with machine-guns in order to prevent anyone from leaving the premises alive.” A diary taken from a dead Japanese soldier chronicled the soldier’s personal participation during the Rape of Manila. It read: “February 7, 1945. One hundred and fifty guerrillas were disposed of tonight. I personally stabbed and killed 10. February 8: Guarded over 1,184 guerillas which were newly brought in to-day. February 9: Burned 1,000 guerillas to death tonight. February 10: Guarded approximately 1,600 guerillas. February 13: Enemy tanks are lurking in the vicinity of Banzai Bridge (Jones Bridge, Manila). Our attack preparation has been completed. I am now on guard duty at guerilla internment camp. While I was on duty 10 guerillas tried to escape. They were stabbed to death. At 1600, all guerillas were burned to death.” (to be continued) Note: You may email us at totingbunye2000@gmail.com.

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BusinessWeek MINDANAO Best in Business and Economic Reporting

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BusinessWeek MINDANAO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

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CorporateWorld

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Globe communication head to 2 two Asian PR Awards GLOBE Telecom S enior Vice President for Corporate Communications Yoly Crisanto joins the roster of top regional communication industry experts who comprise the distinguished panel of judges for Marketing PR Awards 2015 and PRWeek

Aw a r d s A s i a 2 0 1 5 , t w o o f t h e m o s t pre s t i g i ou s e v e nt s celebrating excellence across the public relations spectrum in Southeast Asia and Asia Pacific, respectively. The panel includes leading profe ss i on a l s f rom i n - h ou s e

ranks as well as senior agency executives who will ensure that entries are reviewed according to a demanding set of criteria. It is also the second consecutive ye ar of C r i s anto a s PRWe e k Awards Asia judge. Aw a rd i n g c e re m on i e s f or

Marketing PR Awards 2015 of Marketing Interactive magazine is slated on March 5 in Singapore while PRWeek Asia Awards 2015 hosted by Haymarket Group’s leading publication PRWeek is scheduled on June 18 in Hong Kong.

seeks SEC approval PEMC all set for RE capacity Suntrust for P6-B stock rights offer integration to WESM ELECTRICIT Y market operator Philippine Electricity Market Corporation (PEMC) is all set for the integration of 503.9-megawatt (MW) capacity from renewable energ y (RE) projects to the Wholesale Electricity Spot Market (WESM). ”The Philippine Electricity Market C orporation (PEMC), administrator of the c o u n t r y ’s W E S M , h a s declared its readiness for the integration of RE resources in the electricity bourse,” PEMC said in a statement on Friday. For the RE registered capacity with the WESM, PEMC said it will increase to 503.9 MW in 2015 from 428 MW in 2014. PEMC explained it has worked on the

appropr i ate f r ame work for the implementation of must dispatch and priority dispatch of RE resources since 2012. PEMC forecasts RE will account for 30.36 percent of the power generation mix this 2015 from power s ou rc e s su ch a s hyd ro, geothermal, solar and wind. Another 147.8-MW of RE power capacity is presently under application with the WESM. L a s t y e a r, W E S M ’s registered capacity included a total of 18.2 MW from renewable energ y projects. Overall, WESM has 15,216-MW registered capacity from both RE and conventional resources. Un d e r t h e R E l a w,

RE resources will be prioritized on dispatch scheduling over more expensive capacities such as oil-based power plants. ”As a consequence of the preferential dispatch, eligible RE resources shall be given priority to inject to the grid as price-takers displacing expensive fuels, which may possibly result in lower prices in the spot market as observed by the other power exchanges,” it said. RE farms will soon have a certain percentage, based on the Renewable Portfolio Standards (RPS), on how much sourcing of distribution utilities will be mandated by the Energy Regulator y Commission (ERC). However, the RPS is still pending and will also create a separate RE

m ar ke t att a c h e d t o t h e WESM. In a press conference, PEMC Head for Corporate Planning Robinson Descanzo explained the entrance of RE to the WESM may result in huge savings. ”A s s u m i n g t h a t 1 0 percent of our FIT (Feed-in Tariff ) enters the system at PhP10, that means 10 percent of FIT resources, 100 MW will be paid at a rate of 10 pesos. But for the market impact, it might decrease prices by PhP10 and reduce market prices by PhP1 times 100 percent of the entire system load,” he said. On a peso rate, the s av i n g s o f Lu z o n g r i d , using 9,000 MW for the day, will amount to PhP9,000. The price drop will indicate that the next capacity offers during WESM trading will be a lot cheaper. With the lower bids, the generation charge passed on by the Manila Electric Company (Meralco) and electric cooperatives will eventually fall. (PNA)

SUNTRUST Home Developers Inc., a subsidiary of Megaworld C or p., is s e ek ing t he approval of the Securities and Exchange Commission (SEC) for its nearly P6billion stock rights offering, which would help the firm bankroll some investment opportunities. A stock rights issuance e nt i t l e s t h e c o mp a ny ’s shareholders to purchase additional shares directly from the firm, within a fixed time period and amount. In a letter sent to the SEC, Suntrust signified its intention about the stock rights offering it is planning to conduc t t his ye ar in order to raise additional funds. However, a source said the company hasn’t yet filed a registration statement regarding the said offer. Suntrust is particularly planning to of fer 5.625 billion common shares at P1 apiece, which will be issued from the P20-billion increase in the company’s authorized capital stock. For this offer, existing shareholders of the real e st ate c omp any w i l l b e entitled to subscribe to 2.5 rights shares for every one

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2014 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against JOSEFINA M. BALIOS, Purok 5, Anderson Vlg. Libertad, kolambugan Lanao del Norte , to satisfy the indebtedness which as of May 7, 2014 amounting to FOUR HUNDRED TWO THOUSAND ONE HUNDRED TWENTY EIGHT & 50/100 ( Php 402,128.50) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES TCT NO. T- 26, 906 A parcel of land with all the improvements thereon known as ( Lot No. 1504, Csd- 1044-D, situated in the Barrio of Libertad, Kolambugan, Province of Lanao del Norte, Island of Mindanao. Bounded on the SW., along line 1-2 by lot no. 1503, on the 1503, on the NE., along line 2-3 by Municipality Road; on the NE., along line 3-4 by Barangay Road; on the SW., along line 4-1 by lot no. 1495 all of Csd-10-44-D Kolambugan Cadastre. All points referred to and indicated on the ground by B.L. Cyl. Conc. Mos. 15x60 cm. Containing an area of ONE HUNDRED THRITY THREE (133) SQUARE METERS, more or less. “All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015. For the Clerk of Court and Ex-Officio Sheriff

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

share they own. “Proceeds of the rights offer will be used to fund various investment opportunities,” Suntrust earlier said. . Of the subscription price, 25 percent shall be payable upon submission of the application for subscription and the balance of 75 percent shall be payable upon call by the firm’s board to be made not later than three years from the approval by the stockholders of the increase in capital stock. Subscribers shall have the option of paying 100 percent of the subscription price upon application for subscription. BDO Capital and Investments Corp. is the underwriter for the rights offering. Listed property giant Megaworld currently owns 20.08 percent of Suntrust, while Megaworld Properties and Hold i ng s Inc. held another 22.4 percent in the company. Megaworld Corp. has g u a r a n t e e d S u n t r u s t ’s stock rights offering by undertaking to subscribe to all shares that are not taken up by minority stockholders.

BSP allows Security Bank to absorb thrift unit T H E B a n g k o S e nt r a l ng Pilipinas (BSP) has allowed Security Bank Corporation to buy all the assets of its thrift unit. In a d i s c l o s u re t o t h e P h i l ip pi n e St o c k Exchange, Security Bank said the BSP also gave the green light for it s assu mpt i on of a l l liabi lit ies of S e c ur ity Bank Savings Corporation (SBS). Security Bank’s board of directors late last year approved the integration of the thrift bank. The merger also involve d retent ion of the savings bank license of SBS on an inactive status until such time that a business model would be approved for the savings bank, or until the banking regulators would require that the license be activated.

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BBL... from page 1

until after they are sure that it is within the bounced of the Constitution. Although Zamboanga City Rep. Celso Lobregat has said that there was a slim chance to pass BBL before Congress goes on recess on March 20, he assured that it would be passed but could not give their timeline. “ The Maguindanao incident really changed the equation, not only among congressmen but people from Luzon and the Visayas who were previously not paying attention to the BBL,” Lobregat said. He said that prop er amendments of the BBL was the only way to save the measure. “The Mamasapano clash is an eye-opener for all peaceloving lawmakers on the changes that should be made in the Bangsamoro bill,” he said. (PNA)

reformed value added tax (RVAT) for local purchases; and site management.” As blu e pr i nte d, t h e multi-phased San Miguel coal plant “will be connected to the proposed new Malita 230kV substation and the said substation will be connected to the grid through the existing Matanao-TorilDavao 138kV facilities.” It has been qualified that “if the proposed project will not be implemented, SMCPC’s coal plant will not be connected to the Mindanao grid and there will be no additional generation capacity to the island totaling 600MW.” The San Miguel Davao plant’s development phases will be at 150MW capacity each per year from years 2015 to 2018. The facility will have four generating units and will be reaching commercial commissioning successively.

Dam... from page 1

Approved... from page 1

originally at P2.377 billion – due to interim exclusion of some components of the proposed facility. And while the transmission facilities will be designed at 230kV, it was noted that the assets will just be initially energized at 138kV. “The cost estimates were based on cost per kilometer for the transmission line derived from previous contracts,” a ruling of the Energ y Regulator y Commission (ERC) has stipulated. It was emphasized that “included in the estimated costs are the technical ser vices such as cost of route/topological survey, geologic investigation, right of way (ROW) negotiations/ acquisitions, relocation cost,

gravity through a dam’s outlet works, spillway or power plant intake and can only be pumped out. Dead storage allows sediments to settle which improves water quality and also creates hydraulic head along with an area for fish during low levels. On the other hand, active or live storage is the portion of the reservoir that can be utilized for flood control, power production, navigation and downstream releases. A reservoir’s flood control capacity is the amount of water it can regulate during flooding. The surcharge capacity is the capacity of the reservoir above the spillway crest that cannot b e regulated (Votr uba, Ladislav; Broža, Vojtěch (1989). Water Management in Reservoirs. Developments

in Water Science 33. Elsevier Publishing Company. p. 187. ISBN 0-444-98933-1.) The planned 120-meter high dam is planned to be completed in five years at the junction of the Bulanog and Batang Rivers which feed into the Cagayan River. A cross section of the project presented by Mr. Donggay shows that 26-million cu.m. (32 percent) of the dam’s total reservoir capacity of 82-million cu.m. is ‘active storage’. “The idea is we are in a trend of Climate Change and there were events that happened unexpectedly like (TS) Sendong and (Typhoon) Pablo that hit our area, plus the expected combination of Habagat with Tropical Cyclone is inevitable,” the PAGASA expert said. Mr. Donggay did not explain if the active storage reservoir of 26-million cu.m. included provisions for flood control reservoirs. Also known as an “attenuation” or “balancing” reservoirs, flood control reservoirs collect water at times of very high rainfall,

then release it slowly over the course of the following weeks or months. In some cases such reservoirs only function a few times in a decade and the land behind the reservoir may be developed as community or recreational land. A new generation of balancing dams is being developed to combat the climatic consequences of climate change. They are called “Flood Detention Reservoirs”. Because these reservoirs will remain dry for long periods, there may be a risk of the clay core dr ying out reducing its structural stability. Recent developments include the use of composite core fill made from recycled materials as an alternative to clay. However, the PAGASA expert said the flood control measure local governments can implement remains the transfer of residents to higher and safer grounds. “The best solution, if possible by political will, is to move the people away from the downstream section of the Cagayan River to avoid hazards that lead to risks of

Publication Notice R.A. 10172 Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC CEE- 0002-2015 R.A 10172

Date: February 2, 2015

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10172), Notice is hereby served to the public that RACHEL D. CAMPION has filed with this Office, a petition for change of first name from “ ” to “ ” and correction of entry in sex from “FEMALE“ to “MALE“ or correction of entry in the date of birth from “ ”to “ ” in the certificate of live birth of RACHEL D. CAMPION at Initao, Misamis Oriental and whose parents are BRAULIO U. CAMPION and LENITA J. DANDASAN. Any person adversely affected by said petition may file his written opposition with this Office not later than February 25, 2015.

(Sgd) ISAIAS A. JARALES Municipal Civil Registrar

BWM: Feb. 9 & 16, 2015

aggravate the normal flow of the river and they were the headache of the local government,” he added.

lives and properties.” “I’ve been there two times in the downstream area before. Informal settlers

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: Petition for the correction of the entries in the Certificate SPL. PROC. NO. 290-07-2014 (i) of Live Birth of VIVENCIA E. BARABAG-CRUZ as regards her YEAR OF BIRTH and FIRST NAME in the NSO RECORD as - for well as that of the Local Civil Registrar, and the inclusion of her MIDDLE NAME in her Certificate of Live Birth in the record of the Local Civil Registrar Correction of Entries

VIVENCIA E. BARABAG-CRUZ, - versus –

Petitioner,

THE LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE, And THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL, NATIONAL STATISTICS OFFICE (NSO) East Avenue, Quezon City, Metro Manila, Respondent. x-----------------------------------------------/ ORDER A verified petition for correction of entries in the Certificate of Live Birth of VIVENCIA E. BARABAG-CRUZ was filed before this Court on November 10, 2014 praying among others that after notice and hearing an Order be issued directing the Respondents to effect the corrections sought for. Petitioner alleges that she is a Filipino citizen, married to Florencio L. Cruz and resident of Poblacion, Malangas, Zamboanga Sibugay. The Respondents are public officials sued in its official capacity. Petitioner was born on March 29, 1956 at Baroy, Lanao del Norte to spouses Herculano Barabag and Romana Enot. Her birth was duly reported and recorded in the Office of the Local Civil Registrar of Baroy, Lanao del Norte under Registry No. 55-3321. Nevertheless, in her birth record at the National Statistics Office and in the Office of the Local Civil Registrar of Baroy, her first name was erroneously spelled as “BABINCIA” instead of “VIVENCIA”, the correct one. Likewise her “date of birth” is also erroneously indicated as “March 29, 1955” instead of the true and correct date of birth which is “March 29, 1956”. Since childhood, she has been using her correct name which is “VIVENCIA”, and known to the community to have been born on March 29, 1956. In fact, in all official forms where the date of birth is being asked for, she would always state as her birth date as March 29, 1956 not March 29, 1955. In the same Certificate of Live Birth, her middle name which is the family name of her mother “ENOT”, was also omitted. She filed the case in utmost good faith to straighten all her records to conform to the correct facts of her birth. Set the initial hearing of the petition to February 13, 2015 at 8:30 in the morning before the sala of this Court. The petitioner is hereby directed to publish copy of this Order to a newspaper of general circulation for three (3) consecutive weeks, at her expense. Furnish copy of this Order to the Office of the Solicitor General, Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Public Attorney’s Office, Local Civil Registrar of Baroy, Lanao del Norte, National Statistics Office of Quezon City, Metro Manila and to the Petitioner, in her known address. SO ORDERED. Tubod, Lanao del Norte. November 21, 2015. (Sgd) DENNIS P. VICOY Acting Presiding Judge BWM: Feb. 16, 26 & March 2, 2015

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2014

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2015

LIST OF MORTGAGED PROPERTIES

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SPS. DAYLINDA C. LACORTE & JOHNSON L. LACORTE.,, Purok 5, kolambugan Lanao del Norte, to satisfy the indebtedness which as of November 12, 2014 amounting to ONE HUNDRED THIRTY THREE THOUSAND EIGHT HUNDRED TWENTY TWO & 22/100 ( Php 133,822.22) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against RAMIL BILIRAN, Liangan West Maigo Lanao del Norte, to satisfy the indebtedness which as of July 2, 2014 amounting to ONE HUNDRED SEVENTY NINE THOUSAND FIVE HUNDRED FORTY TWO & 51/100 ( Php 179,542.51) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

TCT NO. T-21-156

LIST OF MORTGAGED PROPERTIES

A parcel of land with all the improvements thereon as (Lot No. 15, Block 3, Psd-016002 of the subdivision plan Psd-016002 being a portion of Lot B-2 (LRC)Psd -214278 LRC Res. No.), situated in the Barrio of Poblacion, Municipality of kauswagan, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., along line 1-2 by Lot 13, Block 3 on the subd., plan, on the East, along line 2-3 by Road Lot B-2-K on the subd., plan, on the S., along line 3-4 by lot 17, Block 3 on the subd. Plan on the W., along line 4-1 by lot 16, Block 3 in the subd., plan.,

TCT NO. T-21-980

TCT NO. 6142

A parcel of land with all the improvements thereon as (Lot 18, Block 3, of the subdivision plan Psd-016002 being a portion of Lot B-2 (LRC) Psd -214278 LRC Rec. No.), situated in the Barrio of Poblacion, Municipality of kolambugan, Province of Lanao del Norte, Island of Mindanao. Bounded on the North along line 1 to 2 by Lot 16, Block 3 on the subd., Plan, on the East, along line 2 to 3 by Lot 17, Block 3 on the subd Plan., on the South along line 3 to 4 by Lot 20, Block 3 on the subd.

A parcel of land with all the improvements thereon known as lot no. 1-E -4 (LRC) Psd-230811 being a portion of lot 1-E, described on plan, (LRC) Psd Psd-189415, LRC No. (H, Patent), situated in the Barrio of Camp- 1, Municipality of Maigo, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., and E., points 2 to 4, by the Tunob River, on the SW., points 4 to 6, by property of Elias Biliran ( H-117024); and on the NW., points 1 to 2, by lot 1-E-3 of the subdivision plan containing an area of TWENTY TWO THOUSAND ONE HUNDRED AND FIFTY ONE ( 22.151) SQUARE METERS, more or less.

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SPS. MAURICIO D. BAZAR & FE L. BAZAR, Lower, Austin Heights, kolambugan Lanao del Norte, Lanao del Norte, to satisfy the indebtedness which as of November 12, 2014 amounting to ONE HUNDRED THIRTY TWO THOUSAND SIX HUNDRED TWENTY EIGHT & 68/100 ( Php 132,628.68) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

TCT NO. T-21-157 A parcel of land with all the improvements thereon known as (Lot No. 17, Block 3 of the subd., plan Psd-016002 being a portion of Lot B-2 (LRC) Psd-214278 LRC NO. ) , situated in the barrio of Poblacion, Municipality of kauswagan, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., along line 1-2 by Lot 15, Block 3 on the subd., plan , on the E., along line 2-3 by Road lot B-2K on the subd. Plan on the S., along line 3-4 by lot 19, Block 3 on the plan are marked on the ground by P.S. Cyl. Mons. 15x60 cm, containing an area of One Hundred Twenty (120) SQUARE METERS, more or less, “All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

“A parcel of land known as lot no. 20, Block 3 of the subd. Plan Psd Psd-016002 being a portion of lot B-2 (LRC) Psd-214778 LRC Rec. NO., situated in the barrio of Pob., Municipality of kauswagan, Prov. of Lanao del Norte . Bounded on the N., along line 1-2 by Lot 18, Block 3 on the subd., S., along line 3-4 by Read lot B-2-1 subd. Plan on the W., along line 4-5-6-1 by lot road. “All sealed bids must be submitted to the undersigned on the above stated time and date.

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

Tubod, Lanao del Norte, Philippines, this February 2, 2015. For the Clerk of Court and Ex-Officio Sheriff

For the Clerk of Court and Ex-Officio Sheriff

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

BWM: Feb. 16, 23 & March 2, 2015

For the Clerk of Court and Ex-Officio Sheriff

(Sgd) CONRADO V. HINGCO, JR. Sheriff BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

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Globe, D2L promote productivity in educational institutions

Telco, tech partner launch in PHL world’s first integrated learning platform

lobe Telecom recently announced its collaboration with the leader in cloudbased learning platforms and education technology, D2L, as an important component to its recentlylaunched Education Solutions suite and to further the adoption of student-focused, technologyenabled learning in the Philippines. The Brightspace integrated learning platform (ILP) will enable Globe’s education client to go beyond simply managing learning with technology and transform the

learning experience for students. Instructors using the Brightspace platform are able to save time, boost efficiencies in course development, increase student engagement, push adoption of advanced multimedia and facilitate learning anytime, anywhere. Brightspace will likewise aid in personalizing the student experience and engaging learners through various engines, applications and game-based learning services. GLOBE | Page B2

Globe President & CEO Ernest Cu and D2L President and CEO John Baker partner together to launch Brightspace, the world’s first truly integrated learning platform, in the Philippines, to boost the adoption of technology in education institutions. With them are (leftmost) Globe EVP and COO Gil Genio and D2L Sales Director for Asia Pacific Sales Marlon Herft.

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MONDAY | FEBRUARY 16, 2015 “Saysay Lumad Myth and Epic” exhibit at the Museo de Oro, Xavier University. Photo by SHAUN UY

Panaghugpong 7 and Saysay: Lumad Myth and Epics Exhibit Launching of Panaghugpong 7 January 30; 4PM Museo de Oro Grounds and Fr Francisco R Demetrio SJ Art Gallery No Probs, Its Improvs By Dulaang Atenista February 3, 5 and 6; 7PM XU Little Theater English Month Celebration 2015: Empowering the Youth, Enhancing Language Competencies By XU High School English Department February 3-23 Litrato (for the Lourdes College High School Batch 1975) By XU Cultural Dance Troupe February 6; 4PM N Hotel Brewing the Theater Basics By Xavier English Language and Literature Organization February 11; 8AM-12NN XU Little Theater Aeromarathon Para sa mga Puso By the Physical Education Department February 14; 4AM XU Soccer Field Sulong: Dangal ng Wikang Filipino 2015 – Palihan sa Ortograpiyang Filipino at KWF Manual sa Masinop na Pagsulat By the Filipino Department February 12-14; 8AM-5PM XU Little Theater Lost and Found Concert By Xavier Philharmonia February 16; 7PM XU Little Theater Hearts: Love of Arts and Art of Love By Xavier University Glee Club February 18; 6:30PM XU Little Theater Mebuyan Concert Brought to you by XU-NSTP and XCCA February 18; 7PM XU Covered Courts Spring Film Festival 2015 Brought to you by Lim Ket Kai Center and XCCA February 20; 1-4PM Lim Ket Kai Rotunda Cagayan de Oro Arts Forum By XCCA February 21; 9AM-12NN SEARSOLIN Dial M for Murder By The Xavier Stage February 23 -28 XU Little Theater Gregorian Chant of Paris Performance OICN and XCCA February 25; 10AM XU Immaculate Conception Church of the Blessed Virgin Mary

Creative Wealth of XU By HOBART P SAVIOR, Director, Xavier Center for Culture and the Arts

[Speech delivered during the launching of the 7th Panaghugpong Festival in celebration of the 2015 National Arts Month celebration] The National Arts Month celebration carries the image of the bountiful harvests that we, Filipinos are genuinely gifted with by our ultimate creator—our God, who in His magnificent ways is the Perfect Artist. These harvests clearly stem from the core where the seeds of our identity have been scattered on the ground and were expected to grow— defining who we are as a people. These harvests imply the artistic and creative wealth that serves as markers of our ingenuity. These harvests do not only amuse people, but also function as media of understanding our world, our environment, our humanity. On our 7th year of promoting the National Arts Month every February, we hope that the community considers Panaghugpong an essential platform not only for holistic human formation but also for effective and productive education—arts that express our culture and heritage are all around us. They are well secured and provided for us by Xavier University, and truly our University places Arts and Culture as definers of it being a Filipino University. We thank Fr Francisco Demetrio SJ together with Fr Antonio Cuna SJ for establishing the arts movement at XU. Thank you, Xavier University for your continued support to our Museo de Oro as well as to the Xavier Center for Culture and the Arts. Thank you, Xavier for institutionalizing the performing arts companies… these companies have really made vibrant contributions and presence in helping us enrich the academic experiences of our

constituents. It is but right to emphasize that the efforts rendered through culture and the arts as part of our formation in the mission and ministry are academically, spiritually, physically, and socially relevant—these efforts made to concrete programs may just be in the periphery, but they certainly extend the value of truth, beauty and freedom to every audience who will just try to view exhibits, listen to our songs and music, dance the rhythms and beats of our ancestors, think, feel and laugh about our humane experiences and follies. These arts provide us better options about life – options that will help us remain human as we are yet sensitive enough to make the world in proper proportion or order amidst chaos. Make our world a better place filled with people who are generous and humble. To all the artists of XU, let us continue to create to remind others about life, love, even the sacred and the profane. Let us create for the world is so abundant to celebrate. Let us also create for us to attain cultural understanding, solidarity, gender equality and peace. It is also worth noting that when we dissolve ourselves in the realm of creation, we dissolve politics that takes lives, politics that lusts for power, politics that oppresses, and politics filled with greed. When we create we see things through the lens of God who knows gentle compassion for others. Panaghugpong 7 and the National Arts Month highlight our own creative genius for us to attain our sense of

pride of place and identity. With that, we open this celebration with “Saysay Lumad Myth and Epic” exhibit. We believe that our folk myths, epics and folk literatures in general are the ingenious works of our ancestors. In the exhibit are Guman among the Subanen’s, Origin Myths of Manuvu, Ulaging of Bukidnon and other riveting artworks. We thank Fr Demetrio for these collections and thank you, Dr Erlinda Burton for managing and curating the Museo de Oro. Our exhibit curator Oscar Floirendo assisted by JC Salon, thank you to the both of you for such a wonderful curatorial work. Thank you, Albert Vamenta and Nonoy Estarte for the timeless works of art. Allow me to thank also our partners: the National Commission for Culture and the Arts, XU, XCCA, Museo de Oro, XU National Service Training Program, Office of Mission and Ministry, Research and Social Outreach, Kristohanong Katilingban sa Pagpakabana-Social Involvement Office and all our media partners. Take this festival as our humble offering to all of you. We attain greater heights of creativity when all of you go beyond supporting us, when all of you believe that we are one in bringing Xavier University’s creative wealth to the community it serves. Let me end by quoting Francis Bacon: “The job of the artist is always to deepen the mystery…” Thank you and together, let us celebrate the seventh year of Panaghugpong!

GLOBE from Page B1...

CEO John Baker said that, “At D2L, our mission is clear: to transform the way the world learns. Through our partnership with Globe, we hope to align with institutions throughout the Philippines, personalizing the learning experience for students and empowering educators with the industry’s most powerful tools to teach. We look forward to helping our mutual clients in the region excel and to seeing more learners reach their full potential.” The Globe-D2L alliance foresees mutual growth for both companies by enriching and evolving each other’s products and solutions, as well as working together to capitalize on their strengths in the realm of education toward possible expansion in Asia. For its part, D2L said that it forges alliances with thought-leading organizations such as Globe to elevate learning through data-driven technology. This will help deliver a personalized experience to

every learner, regardless of geography or ability. The Brightspace platform is currently enabling educational and corporate institutions worldwide, including the New York City Department of Education in the US, Singapore Management University in Singapore, the UAE National Research and Education in the United Arab Emirates, Deakin University in Australia, Saudi Arabia’s Umm al Qura University and Al Majmaah University, Brazil’s Fundação Getúlio Vargas, and United Kingdom’s Nottingham Trent University. D2L’s open and extensible platform serves higher education, K–12, healthcare, government, and the enterprise sector which includes Fortune 1000 companies. For more information on Globe Education Solutions, visit www.globe.com.ph/education or send an email to educationsolutions@globe. com.ph.

It will also assist in performing data analytics to help teachers take learning to the next level and accelerate student success. Globe President & CEO Ernest Cu noted that, “Our recent foray into the eLearning space in the country with our Education Solutions is pushing the boundaries in learning innovation, with D2L as one of our world-class partners. Through the use of leading technologies such as Brightspace, we can work closely with our local educators in transforming the full spectrum of our education systems, from K-12, universities, corporations, including those offering continuing and life-long learning.“ During the launch of the Globe Education Solutions where D2L was announced as one of the three strategic technology partners, its President and

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VIBE

BusinessWeek MINDANAO MONDAY | FEBRUARY 16, 2015

editor: SHAUN ALEJANDRAE YAP UY

Photos by PUBLIC AFFAIRS INFORMATION & ASSISTANCE/PROVINCIALL GOV’T OF BUKIDNON

Feature:

CEDAR Eco Park - summer’s unmissable destination IMPASUGONG, Bukidnon --The great weather over the past few weeks means summer is just around the corner and this may be the best time to get started on that long to-do list and start making plans for your grand summer vacation. Then, as the best part of choosing begins, you may hit your landmark searches in Impasugong, Bukidnon and get a feel for its terrain. Best known as “home of the country’s finest cowboys,” Impasugong town in Bukidnon province is now aggressive in building its tourism prestige through its Center for Ecological Development and Recreation

(CEDAR) Ecotourism Park. This eco-park is said to be one of the “must-see” tourist destinations in town situated in Impalutao village. It houses natural and man-made forests of tall, strong trees seen along the main highway where family travellers and visitors could park while inhaling cool fresh air that lulls one into sleep. Cedar is a protected forest reserve with adventure scenery for it has a hiking trail under the canopies of towering age-old trees. Emmanuel H. Lumoyod, municipal environment and natural resources officer, said CEDAR Eco Park has

been developed over the last 11 years as a unique community resource, but its lush verdant forests had been there since 1927. It offers a variety of outdoor activities and is suitable for adventure such as camping, trail hiking, river trekking, rappelling, swimming, canyoneering and a lot more—all set within 373 hectares of manmade and natural forest. It has a total land area of 1,703 hectares. The large area is contained by Mount Kibuwa which is generally grassland and made up mostly of igneous rock. There is also a man-made swimming pool fed with

ice-cold crystal-clear spring water near the camping site, where friends and families alike can stay overnight. CEDAR Eco Park’s main attraction is not just one. It has five natural waterfalls that attract tourists. Trekking underneath forests along unpaved access trail would lead scenery lovers into the five waterfalls cascading into a rocky surface. But the major cascades include Gantungan, Natigbasan and Dila natural falls. From the center of CEDAR, Gantungan Falls is a walking distance of about 720 meters, while Natigbasan is 780

meters and Dila Falls at approximately 960 meters. These falls are blessed with pleasantly cool waters and a breath-taking display of granite rock and boulders. Swimming is not ideal because of the strong current and depth of the water. CEDAR is filled with tremendous natural wonders and amazing man made sights. The place could really be a perfect place for fun, adventure, refreshment and so for treasuring an amazing experience — one of the places you simply must see in this mountaintop province. (Hazel P. Castilla, CMU DevCom/ RLRB, PIA 10 Bukidnon)