BusinessWeek Mindanao (February 20, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 114

Market Indicators

As of 6:00 pm February 17, 2017 (friday)

FOREX

PHISIX

US$1 = P49.986

7,244.79

X

6.1 cents

38.46

X

points

Briefly Pole construction UNSECURED wires and cables around Cagayan de Oro City soon will be addressed. The 18th City Council headed by Vice Mayor Raineir Joaquin V. Uy during its regular session Monday presided over by Councilor Zaldy Ocon adopted Resolution No. 12607-2017, urging Mayor Oscar S. Moreno to cause the implementation of the provisions of Ordinance No. 12130-2011, known as Pole Construction Regulation Ordinance of 2011. The ordinance governs the installation and construction of poles and attachments on overhead lines which include electrical power, telecommunications and cables along major thoroughfares and suburbs within the territorial jurisdiction of Cagayan de Oro. It aims to solve the prevalent problems on messy, unsecured wires and cables around the city wherein the initial solution is the cleaning-up or unbundling of wires and cables along the streets.

Outstanding student XAVIER University - Ateneo de Cagayan graduate Gimar Reyes was hailed as one of the 2016 Ten Outstanding Students of the Philippines (TOSP). The TOSP awards program honors the country’s most notable students who not only excel academically but also dedicate themselves as exceptional leaders and community servants in order to make a difference in their respective circles. During his selection as one of the finalists back in November 2016, Reyes said, “Community service, for me, is my ultimate expression of my inherent love to God and my country. It is through giving back to others that shed light to my very core being. As an instrument of God’s love, I am called to respond to this challenge. Profoundly, helping others who are in need, the least, last, and lost in our society fuels my desire to live. A call for the preferential option for the poor; a call for God’s mercy and compassion to be felt by the people through works of justice, through love…”

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Thousands hold protest vs. mines closure order www.businessweekmindanao.com

Monday | February 20, 2017

By CHRIS V. PANGANIBAN, Contributing Editor

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ANTILAN, Surigao del Sur—Braving the torrential rains, some 5,000 people mostly mining workers, lumads and students on Thursday staged a march-rally at the town center to protest the suspension of permits to three mining companies in the two neighboring towns here. The protesters were emotional with calls against the move of Environment Secretary Gina Lopez suspending the Mineral Production Sharing Agreement of Marcventures Mining and Development Corp (CMDC), CTP Construction and Mining Corp. and Carrascal Nickel Corporation. The protesters march around the town center carrying placards and streamers loudly chanting slogans in Surigaonon vernacular : “Padajon (continue)!” A large streamers that covered the frontliners of the march protest/PAGE 11

Local environment exec backs closure of 75 mining firms By JIGGER J. JERUSALEM, PNA

LOCAL environment official in Cagayan de Oro City welcomed the decision of Environment Secretary Regina Lopez to cancel 75 mining contracts nationwide. Edwin Dael, City Environment and Natural Resources Office chief, said on Thursday that while mining companies claim they employ thousands of people, the adverse effect of the environmental destruction outweighs the advantages. Dael, a staunch anti-mining supporter, said that the cost-benefit of mining is not enough to compensate its impact not just to the environment but to the people. “Mining companies build schools, health closure/PAGE 11

PH sees coco export revenues rising 10% to 20% in two years THE Philippines expects revenues from coconut product exports to increase 10 to 20 percent over the next two years, as demand continues to grow worldwide. Philippine Coconut Authority (PCA) Administrator Billy Andal cited coconut products with huge potential in more export markets, particularly coconut sugar, coconut syrup, coco fiber and even lotion and mouth freshener from coconut oil.

PROTEST RALLY. Manobo lumads took the frontline in the march rally held last week in Cantilan town in Surigao del Sur to protest the suspension of mining companies by Environment Secretary Gina Lopez. Joining them are college scholars of the local government who are also b o u n d to d ro p sc h o o ls if the mining firms are closed. Photos by JANUS LOUISE V. PANGANIBAN

“(Our exports will grow) exponentially because for the demand alone for coco fiber, we are not even (meeting) 50 percent of the demand; coco sugar we are not even (meeting) 50 percent,” he said in an interview. Andal said Europe remained the country’s biggest market for these coconut products. He added the country was export/PAGE 11

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2

Economy

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monday|February 20, 2017

BRIDGe project to increase trade investments in ARMM

M

A R AW I C i t y -- Philippine Business for Social Progress (PBSP) and the Regional Board of Investments (RBOI) -- Autonomous Region o f Mu s l i m M i n d a n a o (ARMM) recently signed a Memoramdum of Understanding (MOU) to formalize their partnership through BRIDGe Project called “Brokering Business Investments in the Bangsamoro to Achieve Inclusive Development & Growth” at the Manila Liason Office (MLO) of

ARMM in Makati City. The project, funded by the Australian Government’s Department of Foreign Affairs and Trade (DFAT), aims to increase mutual confidence between business firms and local communities for i nc re as e d bus i ness investments in the conflictaffected areas of Mindanao. Atty. Ishak V. Mastura, RBOI-ARMM chairperson and managing head lauded the project which is an important move as the province gears up for economic development amid the continuing peace and order situation.

“This is an appropriate project in the nick of time. We are ready to go in the process of realizing the project.

We still have outstanding security issues regarding peace and stability that needs to be resolved up to now.

But there has to be some catalyst and these are the things we are trying to do. There must be a way that

business actually benefits the community. Value chains must be created. Business bridge/PAGE 11

REGIONAL Field Office (DA-RFO 10) through the Agribusiness and Marketing Assistance Division (AMAD) conducted a Food Terminal (FT) Assessment and Planning Workshop, with food terminal operators in Cagayan de Oro City, recently. FT is a barangay-based

food depot and distribution system offering safe and quality agri-fishery products at a lower price to the consumers. This caters to the direct marketing of fresh agricultural and fishery food production from the producers to the FT on a wholesale or retail basis at a price lower than

the prevailing price in the market. The gathering of FT operators aims to assess the status of each FT and to answer queries to the issues, concerns, and challenges affecting the implementation of the project. Problem arising during the presentation includes

non-payment of loans to the cooperative by most of the members, thus increasing the accounts receivables to be collected from the members. Accordingly, Assistant Regional Director (ARD) Engr. Roxana H. Hojas, emphasized to the participants to craft a strategy that will issues/PAGE 9

FT operators addresses credit issues

Stressful But Noble and Enjoyable By Merilyn Paberecio Gono Teacher I Dominorog Elementary School Talakag District II Division of Bukidnon

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Teaching is giving everything. It is giving what you have learned from your past school years. You will do all just to let your pupils understand. It is to understand the pupils. If you are hired as teacher at the far flung areas some pupils will not able to understand you upon using your dialect, so, you need to study their language. You also need to understand the kind of living they have. Teaching is sacrificing and taking a risk. You have to sacrifice in going to school during Mondays. And will be hard for you to travel

or hike upon going home during Fridays. It is not a joke to be a teacher at the remote areas. It may bring your life at risk. You will be in danger sometimes due to armed people that are roaming around. It is spending money. You need to spend for the fare from home to school. And if there’s no passenger jeepney there, then you’ll have to ride the passenger motorcycle called “habalhabal”. Its fare is very expensive but due to the call of duty then you will have to. Yes, indeed it is stressful

and may harm you. But, still it makes your heart feel and value the true essence of teaching. It is understanding of who they are, giving what all what you have, spending money and taking the risk and sacrificing your own life just to answer the call of duty. It is a duty sworn to man and to God that you will teach the children for their good future and for prosperity of the nation. Due to the sacrifices you have made, at the end you will say to yourself “yes, it’s stressful but it is noble and enjoyable.

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

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monday|February 20, 2017

3

Motoring

Beyond Boundaries – Ford Escape

I

f you need a car that is not hampered by conventional limitions,

then The Ford Escape is worth looking into. First of all, its EcoBoost engine

The TVS Experience T VS - a mu lt inat iona l motorcycle manufacturer from India partnered with Wh e e lt e k Mo t or S a l e s Corporation – a nationwide dealer of motorcycles in the Philippines to bring the TVS Brand and the Apache RTR 200 motorcycle experience directly to the enthusiasts themselves. A total of 137 riders tested the Apache RTR 200 4V on the 10-kilometer route. “Rather than doing formal product launches, we wanted to bring our product closer to the people, where they could touch, feel appreciate

and even ride our bikes, get a better feel of what we are all about and gather feedback on their take on each of the bikes TVS offers” said TVS Country Manager Samrat Chakrabarty. TVS Motor Company is one of the largest twowheeler manufacturers in India, with revenues of over a billion dollars. It is the flagship company of the multi-billion dollar TVS Group, a 106 year strong c o m p a n y. T VS M o t o r Company is also the 2nd largest exporter in India with exports to over 60 Countries.

(comes in 1.6L nd 2.0L) technology turns traditional gasoline engine thinking on its head. It delivers small engine fuel economy and big engine power in one. So you don’t have to compromise on either, thanks to an advanced combination of twin independent variable camshaft timing (Ti-VCT), turbocharging and direct fuel injection technologies. To fully enjoy the engine’s responsiveness, the 6-speed Sele ctShift™ automatic transmission lets you switch to ‘manual mode’ so you can work the gears – without the clutch. The Ford Escape has a tailgate that opens (and closes) with a wave of your foot under the bumper. It even adjusts to the height of your garage. You don’t need to actually have your key in your hand to unlock your Ford Escape, or start it, for that matter. As long as you have your key fob with you, your car will unlock. Once you’re in the driver’s seat, simply put your foot on the brake pedal and press the start button. First it helps you find a parking spot that’s just the right fit. Then it virtually parallel parks itself. Put the car into reverse, take your

hands off the wheel and watch it perfectly steer into a reverse park. All you have to do is work the accelerator and brake. SYNC™ is listening and ready to do what you tell it to. Call family and friends just by saying their name. Answer incoming calls. Plugin your music player or USB drive and play your music the way you always do. Ask to hear a specific artist, album or track. Turn-on shuffle. All

GILBERT Y. CHAO - Motoring Editor

while your hands stay safely on the steering wheel and your eyes on the road. Even in the routine of the everyday, we need to adapt. And your car is no different. It needs to change to accommodate who’s going, what you’re taking with you and which road, or offroad, is on the way. Every 16 milliseconds the Ford Escape adjusts the delivery of torque to each wheel, so you

receive optimum cornering and traction. In corners, torque is automatically transferred to the wheels that have the most grip, so the front end hugs the inside of every bend. Under-steering is virtually eliminated. There’s a lot of space in the back of the Ford Escape. There’s even more when you start folding down the 60/40 split rear seats. Fold down ford/PAGE 11

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Opinion

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monday|February 20, 2017

Are you just kidding, Mr. President?

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor JOEL ESCOL

BONG FABE

Feature Editor

Associate Editor

CLIFFORD SANTILLAN Layout Artist

JUN AYENSA

shyne campaner

Regional Editor Caraga

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ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

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The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463826-272-000 – VAT. Reg., and with Business Permit No. 201512879. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

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Safe Passage Think a minute…Have you noticed the different kinds of gravestones in cemeteries? In certain Pacific Island countries, they even have the gravestones of their family members right in front of their house. There are all styles and sizes of gravestones: from simple, small piles of stone to huge, majestic tombs with ornate headstones and decorations. Do you know what the largest gravestones in the world are? They are the pyramids of Egypt, built over 4,000 years ago. The gravestone and pyramid of one King is almost 500 feet tall and has over 2 million huge stones. Each stone weighs 4,000 pounds or more. The kings of Egypt spent most of their life using thousands of men to build their gravestones! They were so afraid and desperate to do everything they could to prepare and make sure they lived a safe and happy life after death. They had most of their money and treasures buried with them. They even had their wives and servants killed and buried with them so they wouldn’t be alone in their life after death. But we can work all our life like those Egyptian kings to get as much money as

THINK

A Minute

Recently, President Rody admitted that only two out of five of his public statements are true. The rest are just wisecracks. Coming straight from the horse’s mouth, those words should provide Secretaries Martin Andanar, Ernesto Abella, Salvador Panelo and all other cabinet-level officials who speak in behalf of the President some measure of relief. From Day One of t h e P r e s i d e n t R o d y ’s administration, Andanar and company have been hard put explaining and making sense of some of the President’s controversial and provocative statements. How often have we heard them say that was not what the President really meant. No wonder that Malacanan spokespersons have been collectively dubbed by reporters as D-I-C-E - the Department of Interpretation, Clarification/Contradiction and Explanation. Recently, I was surprised to find out that even his favorite cuss word - heretofore used only to refer to his pet peeves like former US President Obama, Ban Ki Moon, and the EU - may actually be a term of endearment. He once admonished Pope Francis for causing heavy traffic in Metro Manila: - “P.I. … Pope … Umuwi ka na!” But in a recent public forum, he called out to his younger son, whom he had not seen for some time: “P.I…. Baste…. Umuwi ka na…” In response to Japanese PM Shinzo Abe when Abe qu e st i one d h i s i nsu lt s towards the United States, President Rody reportedly replied: “I told him they were mere words, why would you give these things any importance?”

I have compiled below some statements attributed directly to President Rody. With the foregoing as guide, let us try to go over them and see if we can determine whether President Rody is really serious or simply pulling our legs. - God told me to stop swearing. - God put me here. - Thank you, President R amos, for making me President. - There will be a me t amor phos is once I become President. - I am old ... This is my last hurrah -- I am not sure if I will still be around by the end of my term. - No more peace talks with the Reds. Ayoko na. Niloloko lang tayo. - Once they (Red peace negotiators) arrive here, I have alerted everybody, even the immigration, they will be arrested and they should go back to prison. - 3 policemen are killed every day by drug syndicates. - I once pushed a kidnapper off a helicopter. - In Davao, I used to do it (killing) personally. - To Senator Leila de Lima: Charge me if I am lying. - The Philippines will pull out of the UN. - No need to send an ambassador to the U.S. - Hitler massacred 3 million Jews. Now, there are 3 million addicts. I’d be happy to slaughter them. - There will be zero tolerance for drugs. - I will not allow any of you (referring to cops) to go to jail. Just do your job. - I can assure you. There will be no corruption. - I can impose martial law to curb drug abuse. - No more joint military exercises with the US.

- We will not insist on buying expensive arms from the United States. We can always get them somewhere else. I am ordering the police to cancel it (order for armalite rifles). We don’t need them. - China is pressing me that the firearms are ready. I will accept them. They rushed these for us. - To President Xi Jin Ping: I’ve realigned myself in your ideological flow, and maybe I will also go to Russia to talk to Putin. - On Vladimir Putin: You know, we have become fast friends. - On his telephone chat with newly elected President Trump: It left me feeling like a saint. - On Abu Sayaf and their hostages: [B]omb them. If they cannot be captured, you bomb them. How about the hostages? Eh, bomb them also. - On Paris Agreement: Ako ngayon hindi talaga ako kampante. Of course we are now bound if we sign it. - There is nothing that I can do if Gina (Lopez) closes down mining companies. - I want fishpens in Laguna de Bay demolished. - Reference to a beautiful TV host: Delicious! - To the media: Kung ayaw niyo sa akin, ayaw ko rin sa inyo. In Davao City, journalists who have covered then Mayor Rody have gotten used to the President’s colorful manner of speech, just like an acquired taste. A broadcast journalist follows one simple rule of thumb: “Alam mo agad kung nagbibiro lang si President Rody. Lumalaki yung butas ng ilong!” His style has apparently clicked with his 16 million followers who just love and adore him. Only problem

SPEAKING

O ut

Ignacio Bunye is his method’s long term sustainability. Remember the boy who cried wolf? -- I once heard this anecdote f r o m Mo n s i g n o r To m Gonzalez, a former long-time parish priest in our parish in Alabang. Monsignor Tom narrates: During the marriage renewal of a couple, the officiating priest asked them what they liked in each other. The man said: She has a long list of traits, Father. Priest: Go on. Man: She is A. Adorable. She is B. Beautiful. She is C. Charming. She is D. Delightful. She is E. Elegant. Priest: Go on. Man: She is F. Fun. She is G. Gorgeous. She is H. Honest Priest: Ok. So what do I, J and K stand for? Man: (Pauses… could not find the right words) replies: I’m Just Kidding, Father. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

How to Deal with the Mining Dilemma

Jhan Tiafau Hurst possible, or positions of power and respect, education, even becoming religious and good; yet in the end, all these things just crumble like gravestones and pyramids. The moment we die, all of our works and achievements are totally useless to us. Just like our gravestone cannot help us in our life after death. Jesus Christ said that’s why He came: to become our only safe passage and way through death. Then He proved it to us by being the only one in history who could die and be buried for 3 days and still bring Himself back to life. The Creator of life Himself is the only one who can get you and me safely through death to enjoy life with Him forever. And Jesus promised if we will love Him Hurst/PAGE 9

The country rarely produces the most principled leaders like Gina Lopez, secretary o f t h e D e p a r t m e nt o f Environment and Natural Resources (DENR). Unfazed by possible retributions from the 23 miners she ordered to close, the 5 suspended, and the 75 which contracts are cancelled, she does not grease down through some “lard” offered by fat cats who want their fortunes at all costs—opposite to many leaders who immediately change loyalties at gold’s beck and call. Lopez showed on TV horrific images of what happen when businessmen trade our future generations for their own belly’s sake. Our country has already been plundered at all fronts; we cannot bear more mad tricks and pranks of this sort. Wanton abuse of the natural environment should stop. Wh e t h e r t o re v e r s e Lopez’s order is now in t he hands of president Duterte. Lately, Duterte

emphasized that he sees to it that the closure of the mines undergo es due pro cess which Lopez claims is done by giving the miners time to explain their violations. Now the courts can further convince that there is due process and we hope they do not just play with legal circuses because a strong leadership will whack the whip to tell them that they are nothing but a bunch of plunderers with a good theater act—a matter that the president takes seriously. If the president does not back the delegated power of Lopez, the consequence seems more disastrous than the raping of mountains and stoppage of watersheds. If rich exploiters succeed in overturning the decision to halt mining activities— even after TV footage of the destruction done—it means losing a rare pick in the cabinet to preserve the ecology. And who can replace Lopez? Who can’t be gem-struck? The president has

weighed his move after the cabinet members raised their voices during meetings in arguing about the issue. Indeed, this is a moral dilemma—if the mines are closed, the workers suffer because they cannot find jobs immediately; if the miners are allowed to continue with the abominable activities, it simply shows that the laws are just good paper which favorably sides with the gem-holders. The government can still help some of these workers as they look for jobs. The non-government organizations must also be encouraged to create t he j ob s, f aci lit ate t he search for work or provide temporary living allowance to these workers. Without concerted efforts to cushion the painful decision of upholding our laws, the workers will just perish just because of our laws but that should not happen. It is not a morally sound option; we remember the Biblical assertion that the letter (law)

lucell larawan kills. Upholding the law must also be accompanied by strategies of helping the displaced. The displaced workers should not just protest to give back their jobs from mining. They must understand that their health is jeopardized in the long run and whatever is wrong must not remain in society. How about the tribal minorities who said that they will lose their scholarships and royalties from the miners? Perhaps, the government should also larawan/PAGE 9

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monday|February 20, 2017

CorporateWorld

SMDC brings real estate project to Mindanao

D

AVAO City -- The real property development side of giant retailer SM is bringing its first real estate project in Mindanao under the SM Development Corporation (SMDC) this year. According to Shopping Center Management Corporation (SCMC) vice president for Mindanao operations, Oliver R. Tiu, the real estate project is being handled by SMDC, SM Prime’s wholly-owned residential developer which also builds middle-market residential communities.

He said there are already sites acquired in the different parts of Mindanao but Davao is first in the line for development. He said the Davao site will occupy the property adjacent to SM City Davao mall which will break ground this July. There is also another site for real estate project in the north side of Davao City adjacent to SM Lanang Premier. Mall assistant manager Nick Santos revealed that four medium rise buildings (MRBs) of eight floors each will be built in the area.

He said since it will occupy the open parking lot of the mall, a car park building will also be part of the construction development. Santos said the ground floor and the other lower f l o ors of t he c ar p ark building are rentable spaces to include areas for food and cafes as these stores will cater to call center agents and other workers of the BPOs housed in the Annex area that operates 24 hours. Lynette L op e z, ma l l manager of SM Davao, said there are more BPO

companies that are scouting spaces in addition to two BPO locators namely Teleperformance and VXI. “We really need spaces also for BPOs and the new development within our area are possible sites for new locators,” she said. Lopez said their mall, being the pioneering SM store in Mindanao, remains strong in performance as it showed uptrend growth. Earlier report showed a nine percent growth in revenue in 2015 which was higher than the national growth of only seven percent. (PNA)

Globe plans more 700MHz LTE sites this year GLOBE Telecom, Inc. is ramping up this year the installation of more cell sites that can transmit the 700-megahertz (MHz) f requenc y in line with efforts to improve mobile Internet speed throughout the country. Globe President & CEO Ernest L. Cu said in a statement on Friday the Ayalaled telecommunications company plans to deploy 1,800 long-term evolution (LTE) cell sites using the 700-MHz spectrum, more than three-fold the 500 sites that were activated last year. The plan will help t h e c omp any m e e t it s commitment to the National Te l e c o m m u n i c a t i o n s Commission of providing mobile coverage to about 95% of cities and municipalities in the country within a threeyear period, Mr. Cu said. Globe is also expanding coverage and increasing capacities for 1,000 sites using the 2600 MHz band. The new sites will be deployed in densely populated areas, mainly in Metro Manila, Cebu and Davao, where majority of customers using LTE-compatible devices

are located, Mr. Cu said. Globe began deployment of LTE sites using the 700

MHz band in June, following its joint acquisition of the telecommunications assets

of San Miguel Corp., with PLDT, Inc., worth P69.1 billion.

Ayala eyes PHL as ASEAN hub for vehicle production CONGLOMERATE Ayala Corp. eyes the Philippines as a viable market in ASEAN for vehicle manufacturing, said Arthur Tan, president and CEO of Ayala’s AC Industrial and Volkswagen Philippines. Tan told reporters that the company can leverage on the free trade agreements (FTAs) of the country to make the Philippines as vehicle manufacturing hub in the region. The conglomerate will st ar t to pro du c e K TM motorcycles next week. This business is Ayala’s

partnership with the world’s fourth largest motorcycle firm KTM Asia Motorcycle Manufacturing, Inc. Tan said the company intends to sell 50 percent of its production in the domestic market while exporting the remaining half to China, which the Philippines has an FTA through the ASEAN-China FTA. I n i t i a l l y, K T M c a n produce 3,000 to 5,000 units of motorbikes, the executive noted. More ov e r, Ta n s a i d

Volkswagen cars may also be produced in the Philippines. AC Industrial has brought Volkswagen in the Philippines in 2013. “It can be Volkswagen. We’r e s t i l l o p e n f o r discussion, but they just have to deal withtheir own internal issues,” he said. Meanwhile, the Ayala executive expressed his hopes on European UnionPhilippines (EU-PH) FTA. “We’re very bullish on the idea that the Philippines will be able to sign this agreement with the EU,” Tan said. (PNA)

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Home Learning Environment: Factor that Affects Pupil’s Academic Performance By Merilyn P. Gono Teacher I Dominorog Elementary School Talakag District II Division of Bukidnon

Learning begins at home. It is here where the foundation of everything we have within ourselves was built. How we act, dress, talk, see things and value them are products of the home environment we have. At this place, we learn everything and look up at our environment which is our family and the people around us where we unconsciously imitate what they are doing. If our environment is friendly then we will be friendly to everybody. But when it’s not, there’s a tendency that we will

5

not be friendly to all. We are the product of what kind of environment we have. We will serve as a mirror of what we are at home. While we grow, our environment will continue to mold us. With the love and concern of our parents we will be guided and taught with good manners and right conduct in order for us to become a better and responsible person at the future. We will be taught the basic steps on how to read and write at home. But when

parents and busy and don’t care about it, it will be a big struggle for us when we enter school. Up o n e nt e r i n g o u r elementary years, this home we have is a great influence to us. Yes, we will be taught by our teachers on how to read and write but still home has the great part. Our parents should follow up us upon arriving to our home from school. They should teach us on how to read and write at home. We should be helped by them with our home works and guide us on how to do them. They should also encourage us to study on our own without the presence of anybody in order that we will be used to

it. Parents must inspire us to actively participate at school activities and programs. They are obliged to attend PTA meetings regularly in order for them to know the plans of the school with regards to the improvement and welfare of the pupils. They should talk to our teachers for them to know our performance at school and how to improve it. So, this home environment we have is a big factor for our good future. This is the one that will push us to study, improve and reach the dreams we have. With this, we will be a successful and happy Filipino citizen for the near future.

Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696

Seda Centrio Hotel 3238888 / 0917-577-5910 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

Billboard 6 Summit Galleria Cebu opens in March, offers 60% off Soft Opening promo R Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|February 20, 2017

obinsons Land Corporation (RLC) unveils another hotel property under its Summit Hotels and Resorts collection next month. Located within the upscale Robinsons Galleria Cebu mall complex, Summit Galleria Cebu will soft open on March 14, 2017, joining its sister hotel, Summit Circle Fuente as the second property in Cebu City. Travelers planning to visit Cebu in the coming months on business or leisure can avail of a 60 percent discount on room rates applicable to all room types from March 14 to

September 30, 2017. Each room in Summit Galleria Cebu is beautifully designed and furnished with quality beds and linens, ultra-soft, non-allergenic pillows that adds to a perfect stay. The hotel has 220 rooms with a spacious room size that typically start at 32 sqm to as large as 40 sqm. What’s more appealing, a regular room rate of P5,777 can be availed of, after the 60% discount, for only P2,277 inclusive of free breakfast for two plus signature guest perks! For a supreme hotel experience, Summit Galleria Cebu is complete with a ballroom which can

Our Dear and Beloved School By Merilyn Paberecio Gono Teacher 1 Dominorog Elementary School Talakag District II Division of Bukidnon

Dominorog Elementary School is a “child-friendly” school. It is found at the h e a r t of D om i n oro g , Talakag, Bukidnon. Last school year it was headed by an energetic and courageous school head Mr. Roel U. Riveral an Elementar y School Principal I. And at present it is under the supervision of a loving and ever-supportive leader which is Mr. Jethro B. Casuncad an Elementary School Principal I also. The teaching forces of Dominorog ES are composed of eleven teachers. Kindergarten is handled by Mrs. Lyle Hiezel B. Lambo - Teacher I. Mrs. Cherry Marie C. Dandasan - Teacher I takes care of the two sections in grade 1 due to the reason that the previous teacher of section A had transferred and there’s no substitute yet. Grade II section A is under Mrs. Cristeta L. Casinillo

- Teacher III and section B is taken cared by Mrs. Neziel S. Bartolo - Teacher I. Grade III section A is handled by Mrs. Merilyn P. Gono – Teacher I and section B is under Mrs. Joy L. Enoc – Teacher I. The grade IV is composed of two sections and taken cared by Mrs. Mildered E. Millanes – Master Teacher II and Miss Juliet A. Gerbese – Teacher I. And lastly, the OIC of our school Mr. Matt Devine Jun Torres Valendez - Master Teacher I who handles grade VI. It is a school for every school age children who aspires to learn and meet friends with the same age brackets. It is a friend for all parents who desire good future for their children. Teachers, parents, and all stake holders together with the principal look forward for the good and bright future of ever y learner.

accommodate 500 guests and a function room for 40 persons to suit the needs of the guests’ varied activities from corporate meetings, lectures, symposium, conferences, art exhibits, product launches or a private party which the in-house events team can provide comfort and ease to the most discerning organizer. For the hotel’s food and beverage, RLC has partnered with The Raintree Restaurants group which has distinguished itself for conceptualizing and

operating successful restaurant ventures in Metro Manila, that include Museum Cafe, Chelsea Kitchen, Rocket Room, Stella and Terraz, to name a few. Summit Galleria Cebu, through its partnership with Raintree, will introduce Cebu to great new food & beverage concepts showcasing authentic international and home-style Filipino cuisine that include an all-day dining restaurant, built with a coffee bar, a bistro, essential kitchen provisions and a retail area

with local artisanal items. Guests’ vehicle parking area is also available at the complex while for convenience, the hotel is located two blocks from Pier 4 and 45-minutes from the Cebu Mactan International Airport making accessibility a non-issue. Part of the experience that Summit Galleria Cebu offers is its being part of the 4,7 hectare Robinsons Galleria Cebu shopping complex connected by a passageway conveniently placed to make guests’ stay more pleasant and

alluring. Summit Galleria Cebu is the flagship hotel of Summit Hotels and Resorts – an epitome of artistic and urban contemporary design with each step inside the hotel providing a sublime glimpse of everything that is beautiful about Cebu. Other hotels under the Summit Hotels and Resorts brand are Summit Ridge Tagaytay, Summit Magnolia and Summit Circle Fuente. For more information and booking,please visit www.summithotels.ph

Vice President Leni Robredo is set to launch Angat Buhay Cagayan de Oro on Monday (Feb 20) during the opening of the XU Social Development Week. The Office of the Vice President has agreed to partner with Ateneo de Cagayan de Oro-Xavier University (XU) to address the most pressing needs of marginalized communities in Mindanao. The Xavier University Social Development Cluster invited VP Leni to be the keynote speaker for the opening of Social Development Week. The SD Cluster is one of the five clusters in the university mandated to lead the academic community in engaging communities to be involved in societal issues, both for social formation and community development. This 5-day event will carry the theme, “Engaging the Peripheries for Inclusive Development,” which aims to focus on the IP

communities adopted by the University. Activities lined up for the event include forums, alternative classes, and presentation of service learning outputs by the students to the communities. In line with the University’s call for active social involvement, XU will sign an Memorandum of Understanding with the Office of the Vice President to implement two programs under Angat Buhay – Bridging

Leadership (with Seaoil Foundation Inc.,) and Angat Buhay in Schools. Other activities lined up lined up for VP Leni’s visit also include Istorya ng Pagasa Launch and CDO Milennials event. The vice president will discuss the value of an academic community’s engagements in and for society; the importance of student and faculty social engagement especially at this period in the country’s narrative; and how else the academic community can

engage the peripheries for inclusive development. The Angat Buhay Partnerships Against Poverty Program is the Office of the Vice President’s flagship program that aims to address poverty in the smallest, farthest and poorest communities in the country via linking their needs to private companies, international aid organizations and other volunteer groups. (XU Communications Office)

VP Leni to launch Angat Buhay Programs in Cagayan de Oro

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Banking&Finance

Business group backs lowering of corporate, personal income tax PDIC warns T public HE Philippine ChamberofCommerce and Industry (PCCI), is supporting the Duterte administration’s tax reform measures, noting these policies will boost the economy. PCCI President George Barcelon said lowering p ers onal income taxes will increase disposable income and will stimulate consumption that leads to higher production. “A virtuous cycle could ensue, where greater consumption and production could lead to rise in tax collection,” Barcelon said. The country’s largest business organization is also backing the reduction of

corporate income tax in the country, which is the highest in ASEAN. Barcelon said reducing corporate income tax will make the Philippines more attractive to investors. “PCCI welcomes the offsetting measures, which aim to increase levy on consumption. The country’s competitiveness can be further bolstered if spending in public health, education, social protection, and infrastructure are at par with its ASEAN neighbors,” the PCCI chief said. He added that increase in tax revenue would improve the government’s spending on infrastructure and social services.

PCCI is now conducting a Tax Reform Roadshow in order to improve stakeholders’ knowledge about the administration’s tax reform measures. The roadshow is in partnership with the Department of Finance (DOF) and the United States Agency for International Development’s Facilitating Public Investments Program. The roadshow commenced in Davao City on Friday for Mindanao-based firms; Feb. 24 in Puerto Princesa for South Luzon firms; March 3 in Bohol for companies in the Visayas; and March 10 in Makati City for companies based in Metro Manila and North Luzon. (PNA)

BPI profit up 21% to P22 billion AYALA-LED Bank of the Philippine Islands (BPI) reported double-digit growth in earnings to hit P22.05 billion in 2016, driven by trading gains and higher interest income. In a statement on Thursday, BPI, the country’s third largest lender in asset terms, said its net income jumped 20.9% to P22.05

billion in 2016 from P18.04 billion earned in 2015. “We took advantage of 2016’s market conditions to exploit unique opportunities, while gearing for growth in 2017 and beyond,” BPI President and Chief Executive Officer Cezar P. Consing was quoted saying in a statement. “We led some critical financing transactions for

Veterans Bank lauds WWII heroes, sets Freedom Run on Bataan Death March trail IN time for the 75th Year Anniversary of the Bataan Death March, the Philippine Veterans Bank, together with its partners, once again revisits history by organizing a couple of events to be held in honor of the country’s World War II heroes – the 4th installment of the marathon Bataan Freedom Run, and a new event for running and biking enthusiasts dubbed the Mariveles-San FernandoCapas Freedom Trail.

Slated on April 2, the Bataan Freedom Run will feature a 42-kilometer full marathon, a 21-kilometer half-marathon as well as 10-kilometers, 5-kilometers, and 1-kilometer courses for running aficionados, kids, and pets. As in previous years, the BFR follows the route of the Bataan Death March and will start at Kilometer Zero in Mariveles, Bataan. On the other hand, the heroes/PAGE 9

corporate clients, spurring our country’s development in energy and infrastructure. In retail, we have positioned our teams for both stronger volumes and more focused risk management,” he added. The bank’s comprehensive income posted a double-digit growth to P21.74 billion last year, 30.2% higher from P16.69 billion in 2015. Total revenues increased 12.1% to P66.55 billion during the year compared to P59.36 billion in 2015. This was driven by a 9.7% growth in net interest income to P42.38 billion, and a 16.7% increase in non-interest income to P24.17 billion “on strong gains related to the Bank’s securities portfolio, and higher fees from core transactional and bancassurance businesses.” BPI said its total loans surpassed the P1 trillion level, hitting P1.04 trillion in 2016. This was 19.2% higher from 2015’s P872.86 billion, with corporate lending comprising 79% of the total loan portfolio, while 21% are from retail. profit/PAGE 9

vs scams

THE Philippine Deposit Insurance Corp. (PDIC) on Friday warned the public about scams wherein the victims, who are made to believe that they won in a raffle, are required to pay certain amount before they can claim their prize. In an advisory posted on its website, the state deposit insurer said the scam claims that the raffle draws were held by a certain media network. ”The target victims are then instructed to contact a person to claim their prize. When called, this person w i l l re qu i re t h e t arge t victims to pay a certain amount via a remittance agency for “purposes of PDIC insurance.” PDIC stressed that it was not involved in any raffle draw or contests with any organizations. ”As state deposit insurer, PDIC insures deposits in banks up to the maximum deposit insurance coverage of P500,000 per depositor per bank,” PDIC said in a statement. PDIC said that “only deposits placed in banks are covered by PDIC’s deposit insurance and claim for deposit insurance may be made only upon closure of the bank.” I n No v e m b e r 2 0 1 6 , the deposit insurer made a similar warning about a scam wherein some individuals claimed that they, officials of the PDIC and related agencies, offered to assist dep ositors on fasttracking their deposit insurance claims. PDIC encourages the scams/PAGE 9

Personal and Cash Remittances Post New Record Highs in December 2016; Full-Year Growth Surpasses Projection Personal remittances from overseas Filipinos (OFs) registered a new record high of US2.8$ billion in December 2016, posting a year-on-year growth of 3.6 percent. As a result, full-year personal remittances reached US$29.7 billion, or a 4.9 percent increase from the year-ago level, and exceeded the projected growth of 4.0 percent for the year, Bangko Sentral ng Pilipinas OfficerinCharge Diwa C. Guinigundo announced today. The growth in personal remittances was steered by the 7.6 percent expansion in remittances from land-based workers with work contracts of one year or more, which totaled US$23.2 billion. This made up for the 3.7 percent decline in remittances from sea-based

and land-based workers with work contracts of less than one year to reach US$6.1 billion. L i ke w is e, OFs' c ash remittances coured through banks are at a historic high of US$2.6 billion in December 2016, representing a 3.6 percent increase year-onyear. The top countries that contributed to the increase in total cash remittances during the month were the United States (US), Qatar, and Japan. Full-year cash remittances posted a growth of 5.0 percent to reach US$26.9 billion. The higher cash remittances in 2016 were driven by the US$21.3 billion transfers from land-based workers, which grew by 7.6 percent year-on-year. Meanwhile, seabased workers' remittances

declined by 3.8 percent to US$5.6 billion. This may have been due partly to stiffer competition in the supply of seafarers, particularly from East Asia and Eastern Europe. Cash remittances in 2016 continued to increase on the back of improving global economic conditions. R e m i t t a n c e s f ro m t h e Middle East increased by 12.7 percent, driven by growth in remittances from Qatar, Kuwait, Oman, and the United Arab Emirates (UAE). OF remittances f rom Asia ros e by 7.4 percent, buoyed by transfers originating from Singapore, Japan, China, and Taiwan. For the Americas, which increased by 3.8 percent, the major contributor was the 6.2 percent growth in

remittances from the US. Meanwhile, remittances from Europe fell by 8.4 percent, owing to the decline in cash transfers from the United Kingdom (UK) (partly due to the depreciation of the pound sterling vis-a-vis the US dollar), Italy, and the Netherlands. By country source, more than 80 percent of the total remittances came from the US, Saudi Arabia, UAE, Singapore, UK, Japan, Qatar, Kuwait, Hong Kong, and Germany. The solid growth in OF remittances continues to be a major drive of domestic demand. In 2016, personal remittances represented 8.1 percent of the country's gross national income (GNI) and 9.8 percent of gross domestic product (GDP).

7 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

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

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

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

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

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

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

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

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

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

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

8

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Profit... from page 7

Its gross 90-day nonperforming loans (NPL) ratio dropped to 1.5% last year, better from the 1.6% seen in 2015. NPLs are soured debts that remained unpaid for at least 30 days after their due date. “Growth in BPI’s business was buoyed by the bank’s strong relationships with corporate clients who drove loan growth across a variety of landmark transactions,” the listed lender said. Total deposits rose 12.2% to P1.43 trillion in 2016 from the P1.28 trillion recorded in 2015. Meanwhile, the lender’s operating expenses increased to P34.94 billion in 2016, 9.6% higher from the P31.87 billion in 2015. BPI said its earnings translated to a 13.8% return on equity, or the net income earned as a percentage of stockholder investment -- a key measure of performance, higher than 2015’s 12.3%. Its return on assets, meanwhile, or the net income as a percentage of total assets, remained at 1.4% by end2016. Its cost-to-income ratio likewise dropped to 52.5% last year from the 53.7% level seen in 2015. The bank’s net assets grew 13.8% to P1.73 trillion in 2016, from the P1.52 trillion in 2015. Investment securities closed at P307.39 billion in 2016, up 4.1% from 2015’s P295.18 billion. The bank’s

investment securities were mostly held-to-maturity (HTM), reaching P268.48 last year, higher from the previous year’s at P244.81 billion, “reflecting low sensitivity of the Bank’s earnings and capital to interest rate swings.” Meanwhile, BPI’s capital -- net of all cash dividends declared at yearend -- stood at P65.13 billion, 9.9% higher from 2015’s level at P150.28 billion. Its total capital adequacy ratio -- a measure of the bank’s financial strength -declined to 13% by end-2016 from 13.6% in the previous year, but was still above the central bank’s 10% minimum requirement. BPI’s common equity Tier 1 (CET1) ratio also slipped to 12.1% from 12.7% in 2015, but nonetheless surpassed the minimum CET1 ratio of 8.5%.

Heroes... from page 7

Freedom Trail will feature a punishing 160-kilometer run with individual and team relay categories for marathoners as well as similar-distanced bike run. The new event will be held from April 10 – 11 and will cover the Death March route from Mariveles, Bataan to Capas, Tarlac. “Once again, Philippine Veterans Bank, together with our partners, is putting a segment of our nation’s history into the forefront of our national consciousness with the Bataan Freedom Run and the Freedom Trail,” said PVB Chairman Dr. Roberto F. de Ocampo, OBE.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF AMENDED NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-004 Upon extra-Judicial petition for sale under Act 3135 as amended by Act 4118 filed by PSBANK CENTER, 777, PASEO DE ROXAS corner SedeÑo Street, Makati City against Michael Glenn Tumamak and Sheila S. Tumamak to satisfy the mortgage indebtedness which as of November 23, 2016 amounts to Six Hundred Twenty Three Thousand Four Hundred Thirty Five Pesos and 49/100 Only (Php 623,435.49) excluding interest, attorney’s fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on March 08, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage properties to wit: TRANSFER CERTIFICATE OF TITLE No. T-14911 ‘’Lot 2275-D-2-B, Psd-10-040954: Portion of Lot 2275-D-2, (LRC) Psd-66349, situated at Digson, Bonifacio Misamis Occidental, Island of Minadanao. Bounded on the NE., along line 1-2 by lot 2275-D-6, (LRC), Psd-66349, on the E., along line 2-3 By Existing Road Lot 2275-G LRC) Psd-50583, on the SW., along line 3-4 by Lot 2275-D-1 (LRC) Psd66349, on the W., along line 4-1 by Lot 2275-D-2-A, Psd-10-040954. Containing an area of THREE HUNDRED (300) Square meters more or less. All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on March 10, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be.

February 8, 2017, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF.

By: (SGD.) WILLIAM C. ARANIEGO Sheriff IV BWM: Feb. 13, 20 & 27, 2017

“These events are not only challenging physically but also mentally to the runners and bikers but they are doing this to honor the World War II veterans who endured and made the ultimate sacrifice during the Death March seventy-five years ago.” The 75th Anniversary of the Bataan Death March will be celebrated worldwide and the twin events are PVB’s contribution to the worldwide remembrance of this infamous chapter in WWII history. Since 2014, the Philippine Veterans Bank, its partners, and the Provincial Government of Bataan as well as the Philippine Veterans Affairs Office (PVAO) have held the Bataan Freedom Run in honor of WWII veterans who endured the death march in 1942. With the new Freedom Trail event this year, organizers expect to bring together an estimated 5,000 participants apart from local spectators, mostly from Bataan, Pampanga and Tarlac, and in Manila, as well as descendants of the Death March survivors here and abroad. The Bataan Freedom Run, organized by Without Limits, is presented by the Philippine Veterans Bank (PVB) in partnership with the Philippine Veterans Affairs

Office (PVAO), Provincial Government of Bataan, Freeport Area of Bataan Investor Locator Association (FABILA), History Channel Asia, ANC News Channel, and WhenInManila.Com. Proceeds from the Bataan Freedom Run will be used for the maintenance of Death March markers located in Bataan province. On the other hand, the Mariveles-San FernandoCapas Freedom Trail, also pres ente d by PVB and organized by Without Limits, is also in partnership with PVAO, Capas Freedom March, Automobile Association Philippines (AAP Travel), and the local governments of Mariveles, Bataan; San Fernando, Pampanga; and Capas, Tarlac.

Issues... from page 2

ease the collection process of the accounts receivable and debts of the members from the cooperative. Meanwhile, Daisy Canto, Bookkeeper of Mantibugao FT which was named as the outstanding FT of 2016 shared their strategy on collecting debts from their members. She said that their coop accepts payment from their members, in kind or in cash, partial or full payment of their debts, as long as payment is

made by the member. The two-day event were participated in by four municipal and 20 barangay FT op erators f rom the provinces of Bukidnon, Lanao del Norte, Misamis Occidental, and Misamis Oriental. (DEGabales, DARFO 10/PIA-10)

Ford... from page 3

one seat or the other and you can fit in those extra pieces of luggage and still get one or two passengers in the back. Fold both seats right down and your 406 litres of space becomes a very sizeable 1,603 litres. Some models also let you lower the boot floor height to give you even more storage space. So whatever space you need at any time, the Ford Escape adapts. To know more about the Ford Escape, visit www.ford. com.ph.

Larawan... from page 4

find alternatives for this issue--why not give them scholarships out of the increased social funds of the current administration; why not invite other foundations to fill in the need? The last thing one can do is avoid discomfort while the crime against nature continues and the perfect

Two Grades in One Room By Merilyn Paberecio Gono Teacher I Dominorog Elementary School Talakag District II Division of Bukidnon

A class is composed of pupils with the same grade and section. It is supervised by one teacher. The classroom must be will ventilated and conducive for learning. But still there are schools here in our country that lacked classrooms. Two s ec tions are fus ed and sometimes two classes with different level of grades go together handled with two teachers. As one teacher will tackle the discussion at the other side, the other teacher

will also talk at the other side. Pupils will be confused in listening because the voices of the two teachers will not be pleasant to their ears. Pupils who want to listen will be disturbed by the other grade that will make a noise. Two chalkboards are divided into two. One grade will write on the right chalkboard and the other grade will write on the left side. When the other grade will take a rest, they will interfere to the pupils who

are doing their activities. Yes, they are making a class in one room and may give problem to the two teachers. But still they need to find ways on how to solve a problem like this. The two teachers should cooperate with each other and do the things that are good for the learners of both sides. We know that problems like these are already studied by the Department of Education and they had already taken their actions to solve such problems. And we are confident enough that time will come that each teacher will have his/her own room for pupil’s future sake.

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City

REYNALDO A. LABID CASE NO. 2017-10-314 Applicant/s (2012-10-607)

CAGAYAN DE ORO AIRPORT TRANSPORT SERVICE COOP. CASE NO. 2017-10-275 Rep. By; LINO B. RABANES (2011-10-1400) Applicant/s

NOTICE OF HEARING APPLICANT(s)/PETITIONER(s) request/s authority For approval of extension of Validity a Certificate of Public convenience to operate PUJ service on the line ;Cogon Market to Bulua and vice versa with the use of one(1)units. This application/petition shall be considered by this Board on March 2, 2017, at 10;00 A.M. at this Board on which date Applicant/ (s) Petitioner(s) shall formally submit his/her/ their evidence. The Applicant(s)Petitioner (s)shall publish said notice at least FIVE (5) days prior to the date of hearing in a daily newspaper of general circulation in the Mindanao Island. Party(ies)opposed to the approval /granting of the application /petition must file his/her/their written opposition with supporting documents, unless this Board deems it necessary to required additional documentary evidence and /or his/ her/their oral testimony(ies). N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN THE DISMISSAL OF THE APPLICATION/PETITION. Issued this 17Th day of February, 2017, Cagayan de Oro City,Philippines. (Sgd.) AMINODEN D. GURO OIC Regional Director

NOTICE OF HEARING APPLICANT(s)/PETITIONER(s) request/s authority For approval of extension of validity of Certificate of Public Convenience to operate RAC service along the line ;Within Cagayan de Oro City to any point in Region X and vice versa with the use of thirty-one(31)units. This application/petition shall be considered by this Board on March 2, 2017, at 10;00 A.M. at this Board on which date Applicant/ (s) Petitioner(s) shall formally submit his/her/ their evidence. The Applicant(s)Petitioner (s)shall publish said notice at least FIVE(5) days prior to the date of hearing in a daily newspaper of general circulation in the Mindanao Island. Party(ies)opposed to the approval /granting of the application /petition must file his/her/their written opposition with supporting documents, unless this Board deems it necessary to required additional documentary evidence and /or his/ her/their oral testimony(ies). N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN THE DISMISSAL OF THE APPLICATION/PETITION. Issued this 17TH day of February, 2017, Cagayan de Oro City Philippines. (Sgd.) AMINODEN D. GURO OIC Regional Director

bwm: Feb 20, 2017 bwm: Feb 20, 2017

HENRY Y. LIM Applicant/s

CASE NO. 2017-10-311

NOTICE OF HEARING APPLICANT(s)/PETITIONER(s) request/s authority For issuance of Certificate of Public Convenience to operate TH-TRUCK service on the line ;Within Cagayan de Oro City and from said place to any point in Region and vice versa with the use of one(1)units. This application/petition shall be considered by this Board on March 2, 2017 at 10; 00 A.M. at this Board on which date Applicant/ (s) Petitioner(s) shall formally submit his/her/ their evidence. The Applicant(s)Petitioner (s)shall publish said notice at least FIVE(5) days prior to the date of hearing in a daily newspaper of general circulation in the Mindanao Island. Party(ies)opposed to the approval /granting of the application /petition must file his/her/their written opposition with supporting documents, unless this Board deems it necessary to required additional documentary evidence and /or his/ her/their oral testimony(ies). N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN THE DISMISSAL OF THE APPLICATION/PETITION. Issued this 17TH day of February 2017 at Cagayan de Oro City, Philippines. (Sgd.) AMINODEN D. GURO OIC Regional Director

bwm: Feb 20, 2017

show about how weak our laws persist to continue convincing the citizens to resolve all issues through vigilantism.

Hurst... from page 4

and live His way, He will lead us safely not only through this life, but also into our eternal life with Him after we die. The good news is He promised it is never too late to become His child. So we would be safe and smart to ask Him today to take full control of our life—for the rest of our life. Just Think a Minute…

Scams... from page 7

public to report scams to the agency’s Public Assistance Department through telephone numbers 841-46-30 or 84146-31 or the toll free numbers 1-800-1888-7342; by e-mail at pad@pdic.gov. ph or through private message at www. facebook.com/OfficialPDIC. (PNA) EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF REAL ESTATE Notice is hereby given that the intestate estate of the deceased PRIMITIVO BALINGIT, died intestate in Opol Misamis Oriental on May 10, 2002, leaving no will nor debts settled to date but leaving a parcel of land situated in Poblacion, Opol Misamis Oriental more particularly described as follows: TRANSFER CERTIFICATE OF TITLE NO. T-38645 ‘’A PARCEL OF LAND (Lot 4662 of the Cadastral Survey of Cagayan), situated in the Barrio of POblacion, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao. Containing an area of SIX HUNDRED THIRTEEN (613) sq. meters or less. Is the subject of EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF REAL ESTATE; Whereas, at the time of his death, he left as forced heirs, the following and to wit: MARILYN B. PONITAO, married, of legal age, Filipino citizen and a resident of Poblacion, Opol Misamis Oriental; AVIE B. BELARMINO, married, of legal age, Filipino citizen and a resident of Poblacion, Opol Misamis Oriental; ROLAN V. BALINGIT, married of legal age, Filipino citizen and a resident of Poblacion, Opol Misamis Oriental; JORALOU B. TOBIAS, married, of legal age, Filipino citizen and a resident of Poblacion, Opol Misamis Oriental; LORNA B. SAGAAD, married, of legal age, Filipino and a resident of Poblacion, Opol Misamis Oriental, represented by Heir MARINYL B. PONITAO; RIA V. BALINGIT, single, of legal age, Filipino and a resident of Poblacion, Opol Misamis Oriental, represented by Heir MARINYL B. PONITAO ;NORY V. BALINGIT, single, of legal age, Filipino and a resident of Poblacion, Opol Misamis Oriental, represented by Heir MARINYL B. PONITAO; Whereas, the abovenamed are all his legal heirs by reason of the fact that they are all his legitimate children and who are supposed to inherit by way of intestate succession; Whereas, in view of the above facts and circumstances, they are therefore co-owners of the above described property and to terminate co-ownership over the same, the parties hereby adjudicate over the same in pro-indiviso sharing pursuant to Section 1, Rule 74 of the Rules of Court of the Philippines, subject to the liabilities imposed by Section 4, of the same Rule; Under Notary Public of Atty. LYNN AMOR L. PACLAR-PANULAYA; Doc. No. 399; Page No. 80; Book No. XXXII; Series of 2016. BWM: Feb. 20, 27 & Mar. 6, 2017

BusinessWeek MINDANAO www.businessweekmindanao.com

feature

Monday | February 20, 2017

10

Balingasag’s pride adjudged Miss Kuyamis 2017 Best in Swimsuit Story by MARK FRANCISCO | Photos by ERCEL MAANDIG

T

HE pride of Balingasag, 18-yearold Berjayneth Chee, was the unanimous choice of all five judges during the Miss Kuyamis 2017 swimsuit competition held last December 29 at the scenic Blue View Resort in El Salvador City.

Chee wowed the judges and even the audience led by Misamis Oriental Gov. Yevgeny Vincente Emano with her curves and grace and went on grabbing the coveted laurel of the afternoon. Chee’s win didn’t come as a surprise though. Despite her precarious young age, Chee is already a veteran of many beauty tilts. She was Mutya ng Bulua 2015 and she’s currently the reigning Miss PRISAA 2016. But Chee was able to be noticed on the local mainstream beauty circuit when she joined Miss Silka Northern Mindanao 2016 last September. Although she wasn’t able to snatch the top spot, local fashion photographers including this writer were also unanimous in predicting that the 5’8” beauty has a long way to go in the beauty pageant scene here and even on a nationwide scale. Chee is joined by other candidates

Kristian Larroza (Alubijid), Princess Milcah Faith Achas (Claveria), Elizabeth Amahan (El Salvador City), Quennie Galarozza (Initao), Ma. Adela Vanguardia (Jasaan), Sushmita Agbong (Lagonglong), Cariza Mae Daa (Laguindingan), Gay Marie Sarsaba (Lugait), Danna Rose Socaoco (Magsaysay), Sharlle Neilijan Gomonay (Manticao), Rona Cristy

Flores (Medina), Elmarie Quinones (Naawan), Mona Rica Atasan (Salay), Quinee Factura (Tagoloan) and Mona Berdejo (Talisayan) who

will vie for Miss Kuyamis 2017 with their coronation to be held on January 12 at 6:30 p.m. at the provincial capitol grounds. Prior to that,

the candidates will participate in the yearly Black Nazarene procession from Pelaez Sports Center to the Archdiocesan Shrine of the

Black Nazarene on January 8 and the Parade of Beauties on January 9. The following day they will plant kuyamis seedlings.

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monday|February 20, 2017

Protest... from page 1

carries a message of appeal to Lopez which reads: (Pusoan mo kami Sec. Gina, Ipadajon an mina! (Feel us Secretary Gin, continue the mining!)”. Many of the lumads who joined were coming from the far-f lung mountain communities belonged to the Manobo and Mamanwa tribes who are recipients of million pesos of indigenous peoples one percent share of the gross income of mining companies. Surigao del Sur Gov. Vicente Pimentel Jr. led the charge in asking Lopez in his speech to reconsider her stand since it would affect massive unemployment in Carrascal and this town which hosted the three companies. “Can you give employment to some 7,000 residents who will lose their jobs?” Pimentel asked Lopez. In local vernacular, he then called on President Rodrigo Duterte to help thousands of people who will lose jobs. “Manong Digong tabangi ang katawhan nga mawad-an og trabaho tungod ni Gina Lopez (Elder brother Digong please help the people who will lose their jobs because of Gina Lopez),” the governor pleaded. Pimentel cited at least 5,000 new job opportunities would be lost because the Carrascal Nickel Company had decided to put on hold the establishment of the US $5 billion processing plant because of Lopez stand antagonizing mining companies in the province. He said the closure of mining companies in the towns of Carrascal and Cantilan would lead to the resurgence of criminalities l i k e h i g hw ay ro b b e r y, dynamite fishing and prostitution. For his part, Cantilan Mayor Philip Pichay said his town stand to lose some P600 million in money circulation a year because of the thriving businesses now investing in his town since the advent of these mining companies. He cited the lumads in the indigenous communities living within the mining areas have been the biggest beneficiaries with some P10 million fund they get from the one percent share of the gross income of the companies which have been used in education and health program and livelihood activities. While he welcomed the proposal of Lopez to offer

green economy through ecotourism ventures as alternative livelihood when the mining industry ends, Pichay said the industry needs to generate at least one billion pesos in income to employ 3,000 people in these towns. He r e f u t e d L o p e z’s timetable of two years to stabilize the ecotourism industry saying even 3-star hotels cannot be built within this period and it would take 3-5 years when the alternative industry will be sustained. “I appeal to Gina Lopez to review her stand because we will be economically dislocated,” Pichay said. “Before we were deprived of going to schools, now, our children are company scholars studying in nearby urban center colleges and even in Manila where we have for the first time sent a law student,” said Datu Engwan Ala, Municipal Tribal Chieftain in Lanuza. Marcventures have been sending at least 116 collegiate scholars with all the privileges including monthly stipend of which 40 of them have already finished college. “We don’t want to go back in the past when life was so hard and children don’t have the chance to go to school,” said Alexis Estampa, a scholar of mass communication at St. Paul’s University in Surigao City. Marlon Surat, a mine worker at CTP Mining, said Lopez should instead work to draw more job opportunities instead of closing down mining companies that have been their source of livelihood in the last 10 years. Ramon Apilleda, a mine worker at Marcventures, was more vocal in his tirade against Lopez saying there are more qualified people with doctorate degrees than her who could not hurt the mining industry.

Closure...

from page 1 centers in communities, but they are also destroying the mountains, the coral reefs, and threaten the very survival of fishermen and farmers, thereby becoming a threat to food security,” he said. “The damage through mining is irreversible. It would be next to impossible to restore a heavily mined or logged area to its original state,” Dael said. Instead of ordering an allout ban on mining, Dael said that the government should push for what is called as “responsible mining,” believed

Republic of the Philippines Province of Misamis Orietal CAGAYAN DE ORO CITY NOTICE OF PUBLICATION In compliance with Section 5 of R.A. No. 9048, a Notice is hereby served to the public that GLADY MAE B. CARDINES has filed with this office, a petition for Change of first name from GLADY to GLADY MAE in the certificate of live birth of GLADY GUIDABEN BAGAJO who was born on May 15,1977 in CAGAYAN DE ORO CITY and whose parents are BABILAS MAANDIG BAGAJO and ISA BELITA MADRAZO GUIDABEN. Any person adversely affected by said petition may file his written opposition with this Office not later February 27, 2017. BWM: Feb. 20, 27 & Mar. 6, 2017

(Sgd.) NORMA S. DIPUTADO Municipal Civil Registrar

to be more environmentfriendlier than the traditional method of mineral extraction. Since he sat at CLENRO chief, Dael said his office and Task Force Kinaiyahan, a mu lt i-s e c tora l g roup composed mostly of representatives from the law enforcement community and civil society, have been conducting anti-mining operations. From 2013 to the present, more than 20 persons have been arrested for conducting mineral extraction activities, with 12 already convicted and nine now facing charges, Dael said. He said that the city’s fight against illegal mining has contributed to the decline in illegal mining here for the last three years. According to Dael, the CLENRO and t he City Agriculture Office have extended assistance to the residents in the upland villages of Tumpagon, Pigsagan, Tuburan, Taglimao and Pagalungan in the form of livelihood and technical training on entrepreneurship so that the villagers would not return to the illegal mining activities. (PNA)

Export...

from page 1 looking to penetrate new markets, such as Russia and China. Total export sales receipts f rom coconut products reached USD 2 billion in 2016. Andal is optimistic about sustaining this year coconut production in 2016 to meet export demand amid typhoon “Nina” that hit the country last December. “In 2018, we can hit 20

percent (export revenue growth), this year by 10 percent… 2018 will be an opener for us considering we have a lot of money by then,” he further said. The PCA expected an increase in coconut yield and higher exports in the next few years amid plan of a group of coconut farmer’s organizations to withdraw its petition before the Supreme Court that resulted in a temporary restraining order (TRO) on the utilization of Php75-billion coco levy funds. (PNA)

BRIDGe... from page 2

investors must have a sense of belongingness as members of the community. At the same time, you make sure that when you are going into a place, you act as a member of the community and you are here for the people working on the ground,” he said. It is expected that through this project, a three-tiered change shall be more visible among top key players in the region: a more facilitative RB OI-ARMM that is aggressively promoting investments suitable in t he B angs amoro; lo c a l communities that are prepared and capable to engage and partner with investors; and more business firms primed to invest in an area known for its distinctive social, cultural and environmental dynamics. “Australia has been a longstanding supporter of the peace process in Mindanao. Since the 1990s, our aid investment in the region supported business, education, government and economic growth. Sustainable livelihood is essential to brokering peace

Republic of the Philippines Supreme Court REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE: EJF NO. 21-78 Upon extra-judicial petition for sale in accordance with provision of Republic Act No. 720, as amended filed by 1st VALLEY BANK, INC., President/Chief Executive Officer, ATTY. NICOLAS J. LIM, Mortgagee, against MELITONA ROMANDE CARPIO of Corner Consunji Lluch St., Iligan City, Mortgagor, to satisfy the mortgage indebtedness the principal amount of ONE HUNDRED FIFTY THOUSAND PESOS (Php150,000.00), becomes due, exclusive of interest, penalties, publication, Sheriff’s expenses and other related incidental foreclosure expenses, the undersigned or his duly authorized deputy will Sell at Public Auction on April 19, 2017 at 10:00 o’clock in the morning to 2:00 o’clock in the afternoon at the Office of the Clerk of Court, this Court to the highest bidder, for CASH or MANAGER’S CHECK and in Philippine Currency, the described real property with all its improvements thereon, to wit: TRANSFER CERTIFICATE OF LTITLE NO. T-12,411 Registry of Deeds of Lanao del Norte A parcel of land Lot 322-E of the subdivision plan Psd-12-009543,being a portion of Lot 322, Lala Pls-13 (H-112592) situated in the Barrio of Pinamparan (now, Tunaan), Municipality of Lala, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., along line 1-2 by Road; E., along lines 2-3-4 by Lot 322-F of the subdivision plan; S., along line 4-5 by Lot 323, Lala, Pls-13; W., along lines 5-6-1 by Lot 322-D of the subdivision plan. Registered in the name of MELITONA P. ROMANDI, of legal age, Filipino, married to ERNESTO G. CARPIO and residents of Iligan City. Containing and area of TWENTY FOUR THOUSAND NINE HUNDRED TWENTY EIGHT (24, 928) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the aboveentitled time and date. In the event the Public Auction should not take place on the said date, it shall be held on April 26, 2017, without further notice. Kapatagan, Lanao del Norte, Philippines, January 31, 2017.

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

BWM: Feb. 6, 13 & 20, 2017

and prosperity in Muslim Mindanao. Through BRIDGe, Australia hopes to support business investments in Bangsamoro areas that will lead to peace, progress and stability,” said Australian Embassy Political Counsellor Richard Rodgers. “We at PBSP are very excited to manage this project. This is really symbolic in what we are trying to achieve

such as to bridge investments in ARMM to make it more inclusive and make sure goals and development happen, and at the same time get the different stakeholdres in the area to work together. We hope to capitalize on each other’s strengths and capabilities,” said PBSP Executive Director Reynaldo Antonio D. Laguda. (PBSP/ PIA-10)

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

SPL PROC. 2420-16

THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL OF THE PHILIPPINE STATISTICS AUTHORITY AND THE CIVIL REGISTRAR OF MAGUING, LANAO DEL SUR, Respondent. X------------------------------------------------X ORDER Before this Court is a verified petition for Cancellation of the Certificate of Live Birth of Noaim Randa Abbas dated October 31, 2016 and which reads in part: 1. Petitioner is Filipino, 13 years old, single and a resident of Malungun, Maguing, Lanao del Sur. For purpose of his petition, he is assisted by his father ABBAS BENITO ABDULSALAM, of legal age, Filipino, married ad resident of Malungun, Maguing, Lanao del Sur, where he may be served with summons and other court processes; 2. Respondent is the incumbent Local Civil Registrar of Maguing, Lanao del Sur whose officeis located at Municipal Hall, Maguing, Lanao del Sur, where he/she may be served with orders and processes of this Court. 3. Petitioner was born on October 05, 2003 at Malungun, Lanao de Sur to spouses Abbas Bernito Abdulsalam and Naima Dalimbang Randa, whse birth was belatedly registered by the petitioner’s father, a copy of Certificate of Live Birth with Registry No. 2014-538 is attached as Annex “A”. 4. Unknown to the father, said birth was previously registered by the petitioner’s wife in 2004, under Registry No. 2004-183, where the petitioner’s date of birth and surname were erroneously entered as OCTOBER 07, 2003 instead of OCTOBER 05, 2003 and HADJI NAIM instead of ABBAS; 5. The existence of another Certificate of Live Birth, which contain erroneous entries, was discovered only when the petitioner’s father secured petitioner’s Certificate of Live Birth from the Philippine Statistics Authority (PSA), a copy of said Certificate of Live Birth is attached as Annex “B”, 6. Petitioner is consistently using the name NOAIM RANDA ABBAS and is the name reflected on his school records as shown in his PROGRESS REPORT CARD issued by the Malungun Elementary School, Maguing, Lanao del Sur and IDENTIFICATION CARD (id) issued by the Malungun Elementary School, Maguing, Lanao del Sur attached as Annexes “C” and “D”, 7. The true and correct name of petitioner’s father is ABBAS BENITO ABDULSALAM as evidenced by his CERIFICATE OF MARRIAGE, PASSPORT, IDENTIFICATION CARD (ID) and VOTER’S IDENTIFICATION CARD (ID), attached as annexes “E”, “F”, “G” and “H”, responsively, 8. This petition is filed without slightest intention in defraud or prejudice the government or any person, its ultimate purpose is to rectify erroneous entries in the public records; 9. Petitioner submits that nobody will be prejudice by granting this petition nor is there a pending case filed against him. Finding the aforesaid petition to be sufficient in form and substance, it is hereby ordered that the same be set for hearing before this Court on MARCH 8, 2017 at 8:30 o’clock in the morning. Let a copy of this Order be published at the expense of the petitioner in a newspaper of general circulation in Lanao del Sur or Marawi City or Iligan City for three (3) consecutive weeks. The Local Civil Registrar of Maguing and Civil Registrar General, or any person or party who has interest in the petition, may file his/her opposition there to within fifteen (15) days from notice of this petition or from the last day of publication of this Order. Further, let this Order be posted for fifteen (15) days prior to the date of hearing in the Bulletin Board of the Local Registrar of Maguing and Bulletin Board of this Court, at expenses of the petitioner. The petitioner is directed to notify this Court of the publication of this Order not later than three (3) days before March 8, 2017. Furnished copies of this Order, together with the copies of the petition to the Local Civil Registrar of Maguing the Hon. Solicitor General, Makati City and Hon. Civil Registrar General, Philippine Statistics Authority (PSPA). Sta Mesa, Manila

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

BWM: Feb. 6, 13 & 20, 2017

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

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