BusinessWeek Mindanao (February 26, 2020)

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Briefly Devt priority THE MINDANAO Development Authority (MinDA) has identified Jolo, the capital of Sulu province, as a priority development area after Taraka town in Lanao del Sur. “We will come up with a comprehensive proposal and present it to the President,” MinDA Chairperson Emmanuel F. Piñol said in a statement Friday.

The development program will be similar to the one recently launched in Taraka, which involves the establishment of model learning centers mainly for agricultural livelihood activities. Among the key sectors eyed for Jolo are chicken and cattle farming, and solar-power energy for both electricity supply and water desalination.

PRDP, WB funds THE Davao City government is planning to propose new ventures for funding under the Philippine Rural Development Project (PRDP) as it recently re-established the special unit tasked to manage the agriculture-focused program at the local level.

An additional $280-million allocation was approved last year for the PRDP, a World Bank-funded program with the Department of Agriculture as lead implementing agency.

Launched in 2014 as a nationwide assistance program following the Mindanao Rural Development Program, PRDP had an initial P27 billion worth of funding with an additional infusion of $450 million approved in 2018.

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Green Convergence, DENR head organizers

3rd Philippine Environment Summit unfolds today in CDO

By MIKE BAÑOS

T

HE 3rd Ph i l ippi n e Environment Summit kicks off today at the Grand Caprice Restaurant and C onvention C enter with the theme “Paradigm (re)Shift: Heeding Nature”.

This year’s Summit will run on February 26-28, 2020 and will showcase programs and projects that contribute to the country’s social and economic advancement while sustaining the environment.

“Global warming and its flip side, climate change, has starkly revealed that our current paradigm for thinking and doing is unsustainable, and it is now undeniable that we must respect and return to nature’s principles if we SUMMIT/PAGE 15

3rd Philippine Environment Summit

CDO showcases Best Practices in Environment Stewardship

By MIKE BAÑOS

Cagayan de Oro and Northern Mindanao will have their best foot forward when the 3rd Philippine Environment

Summit gets going on Feb. 26, 2020 at the Grand Caprice Restaurant & Convention Center at the Limketkai

Center, Cagayan de Oro City.

With the theme “Paradigm (re)Shift: Heeding Nature” this year’s Summit will run on February 26-28, 2020 and will showcase programs

and projects that contribute to the country’s social and economic advancement while sustaining the environment.

The biennial Summit is PRACTICES/PAGE 15

The PPA Cagayan de Oro Port Passenger Terminal Building is the biggest Limketkai Luxe Hotel in Cagayan de Oro is the first hotel in the and most modern facility in the Philippines. (PPA PMO MISORCDO).

Philippines LEED Gold Certified by the U.S. Green Building Council.

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Opinion

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. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2017-02942. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

BUSINESSWEEK MINDANAO CORPORATION Publisher DANTE M. SUDARIA President/CEO ALLAN MARIO MEDIANTE Vice President for Corporate Affairs RUFINO T. MAGBANUA Vice President for Business Development VICENTE C. DELA VICTORIA Vice President for Operations JOE FELICILDA Vice President for Administration JOHN AARON M. DEL BANDO Vice President for Events and Promotions JOE PALABAO Vice President for Marketing

Wash your hands frequently Wa s h y o u r h a n d s frequently with soap and water or use an alcohol-based hand rub if your hands are not visibly dirty.

Why? Washing your hands with soap and water or using alcohol-based hand rub eliminates the virus if it is on your hands.

Practice respiratory hygiene When coughing and sneezing, cover mouth and nose with flexed elbow or tissue – discard tissue immediately into a closed bin and clean your hands with alcohol-based hand rub or soap and water.

FAMILY BUSINESS COACH

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Money mentality (Part 2) Think a minute . . . Just the sound of the word “money” rings in our ears like the bell on a cash register. But in a marriage, it can be like the bell in a boxing match starting the next round of fighting. Today let’s finish our discussion of how we can better manage money in our marriage, so our family can enjoy a more prosperous and peaceful life together.

Another money mentality is when the husband or wife uses money to control their spouse. Like the husband who does not let his wife know how much money they have. He checks every little thing she buys, so he makes his wife feel like a child whom he does not trust and respect, instead of his partner in life.

Then there is the “big spender” mentality. Like the “shopaholic” wife who continually buys new things.

She’s almost addicted to shopping. She does not put her family’s needs first because she lacks the selfcontrol in her spending. She needs to grow up and put the needs of her husband and children before her

THINK A MINUTE

JHAN TIAFAU HURST compulsive, selfish spending.

Someone said: “Just when you think you can make ends meet, someone moves the ends.” Sadly, big-spending wives and husbands keep moving the ends by their uncontrolled spending.

So first and foremost, we must live within the limits of our income. Spending more than you make will only land you and your family into serious, painful problems.

Remember: “You’re only poor when you want more than you have.” Learn to be content with what you truly need.

Secondly, the important decisions you and your spouse make should be MENTALITY/PAGE 13

Why? Covering your mout h and nos e w hen coughing and sneezing prevent the spread of germs and viruses. If you sneeze or cough into your hands, you may contaminate objects or people that you touch.

Maintain social distancing Maintain at least 1 metre (3 feet) distance between yourself and other people, particularly those who are coughing, sneezing and have a fever.

Why? When someone who is infected with a respiratory disease, like 2019-nCoV, coughs or sneezes they project small droplets containing the

virus. If you are too close, you can breathe in the virus.

Avoid touching eyes, nose and mouth W hy ? Ha n d s t o u c h many surfaces which can be contaminated with the virus. If you touch your eyes, nose or mouth with your contaminated hands, you can transfer the virus from the surface to yourself.

If you have fever, cough and difficulty breathing, seek medical care early Tell your health care provider if you have traveled in an area in China where 2019-nCoV has been reported, or if you have been

NUTS & BOLTS

JEROME DE LA FUENTE

in close contact with someone with who has traveled from China and has respiratory symptoms.

Why? Whenever you have PRACTICES/PAGE 13

Are you faithful?

NELSON CONSTANTINO GILBERT Y. CHAO

WEDNESDAY|FEBRUARY 26, 2020

Best protective measures against the new coronavirus

ROSE MARIE D. SUDARIA Vice President for Finance MIKE BAÑOS Vice President for Digital

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PROF. ENRIQUE SORIANO As family members and signatories, are you faithfully complying with what you agreed and wrote in the family constitution?

Are all signatories walking their talk? In short, are your actions consistent with what you all concurred during your constitution crafting sessions?

Founders and business leaders must realize that it is the process that REALLY matters! And it is often said that when making a constitution, the process is more important than the output. Why? The process gives family members the chance to work and

make decisions together, deliberate in a structured l o g i c a l w ay a b o u t t h e future of the family and the business and prepare for the transition long before the founder or the key business leader retires or becomes incapacitated.

The essence is to create a certain level of shared understanding among family members, create a set of family norms of b ehav ior, cl ar if y roles, define rules, understand ever y family member’s/ shareholders’ rights and responsibilities (active and passive) and institutionalize accountability.

In a Harvard Business R e v ie w ar t icle ent it le d “The Three Components of Family Governance” penned by noted Family Business expert, Dr. John Davies, he adeptly recommends the activation of the following critical components in the governance ecosystem immediately right after the signing of the family constitution: · Family must initiate

periodic (annual) assemblies and · Activate the Family Council so issues that were not heard nor given importance during the constitution building sessions can now be thoroughly discussed and planned Under a post constitution stage, the primary objective is to sustain the energy and the drive of the family by encouraging them to further strengthen business-family communication. Treating the family in a more formal, organizational way can feel awkward at first and asserting the value (without exception) that each family member must embrace the concept of a fair process is a sensitive, crucial and very important governance phase.

Overcoming the initial discomfort and encouraging ever y family member to p ar t icip ate in de cision making is part of the journey of transformation. When they have a “voice”, when they believe the process for

making a decision is fair and transparent, they will accept the outcome of that process even if it may not reflect their own personal views.

The fairness principle was already introduced when family members started working together on the family constitution. That is why this frame of mind should be carried over to the family council and assembly.

Critically and through the activation of the family council, facilitators and the framers of the constitution must thoroughly spend time embracing the values and the vision as articulated by the founder’s original motives for building the family business. It is important that family members first clarify the shared beliefs, experiences and legacies that unite them in their choice of stewardship over ownership of the enterprise.

These values represent the kind of business culture in which the company operates and will define how the family will work to support FAITHFUL/PAGE 13

About freedom and power THE problem of ABS CBN is neither about the issue of press freedom, which is being bannered by its defenders, nor about Pres.

Rodrigo Duterte’s alleged personal gripes against the giant Network. The unfair tre atment of ABS CBN on then Mayor of Davao City when he joined the Presidential race is beyond him now although this left an indelible mark in his political career. For how can one forget when he was made to pay in advance for a political advertisement which was never aired but i nste a d pre - e mpte d by series of black propaganda using innocent children to denigrate him? Can this vain display of muscle part of freedom that the defenders of ABS CBN are fighting for?

Freedom? The only time it was totally curtailed was when it was shut down during the aegis of martial law. But ABS CBN was not alone in that misery.

When martial law regime ended, the luckiest to regain

their possessions courtesy of the revolutionar y government of Cory Aquino, were the Lopezes. While the Cory government became the biggest disenchantment ABS CBN along with the f ir ms under t he L op e z Ho l d i n g s C o r p o r at i o n (formerly Benpres) was another saga. The moment t he y got hol d of t he i r resources the Lopezes lost no time in exercising the restoration of its resources, power and influence. The firm may not be into banking but who need one when the Development Bank of the Philippines was there with vaults open. Loans were granted in a wink, the taxpayers were not even aware of it, and then were written off.

If those sprinkles of m o t l e y “o u s t - D u t e r t e” groups think that behest l o an s w e re g r ant e d t o Benpres, Skycable, Bayantel and Maynilad because these firms were bankable, they better think beyond their biases. Those behest loans

were granted because of the might and power of ABS CBN. VP Leni Robredo described the network aptly.

“Ang makapangyarihang h i m p i l a n”. I f t h e r e i s one t h i ng t he s e issu e s surrounding the renewal or extension of the franchise of ABS CBN and the quo warranto had unmasked it is how this Network exercise its power and influence and mind you this has nothing to do f reedom b ecaus e the truth is its freedom goes beyond the limits of democracy. But such is the misfortune of Filipinos. If during the era of Marcos we had cronies and behest loans, the Aquino administration improved on it. This should give President Duterte and his rich friends a warning to stay away from behest loans and sovereign guarantees.

It’s humbling for Carlo Lopez Katigbak, the young President and CEO of the giant network to come out and admit in public that ABS CBN had shortcomings and that they will endeavor to

LETTERS FROM DAVAO

JUN LEDESMA correct them. Hardly had the message of Katigbak settled down however, here comes Karen Davila interviewing Presidential Spokesman Sal Panelo with the usual air attempting to implicate President Duterte in each question on what seemed like an impending tragedy their franchise will not be tackled in Congress and the quo warranto may take its course in the Supreme Court. To her chagrin she was no match to Panelo. If in the past she embarrassed many of her guests, that encounter with Sal was to POWER/PAGE 13

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best practices

Pueblo de Oro Sees Growth in Green Townships

P

UEBLO de Oro Development Corp. (PDO) is seeing continued growth in its property development business.

PDO, which develops residential communities and township projects, is best known for its flagship project Pueblo de Oro in Cagayan de Oro. The company acquired the 360-hectare property in the early 1990s, back when such huge township projects were

practically unheard of, especially in the provinces.

The business activity in the area spurred demand for residential projects that cater to different market segments.

And demand shows no signs of slowing down, prompting PDO to acquire additional properties — bringing Pueblo de Oro’s total project area to 400 hectares. To date, the township is now home

to 9,840 residential units.

PDO Chairman and Chief Executive Officer Guillermo D. Luchangco said the success of Pueblo de Oro Cagayan de Oro pushed the company to develop similar townships in Cebu, Batangas and Pampanga, albeit at a smaller scale.

“In those areas, we are in the regional centers of the Philippines like Cebu, Sto. Tomas and San

Fernando. We intend to expand into other regional centers,” he said.

RESPONSIBLE DEVELOPER Even before “green” projects were a trend, PDO was already implementing ecofriendly initiatives in its projects.

“We’re a midsized developer but because of that we are able to pay more attention to our projects, environmental

Pueblo de Oro Development Corp. is developing a 40-hectare residential subdivision in Malvar, Batangas.

management, give that development more features, to give it some distinction,” Mr. Luchangco said.

The company maintains a 40-hectare urban rainforest in Cagayan de Oro, helped plant 65,000 mangrove seedlings in Mactan, and has regular treeplanting activities as part of its corporate social responsibility (CSR) program.

In the Cagayan de Oro township, Mr. Luchangco said they built a 6,600-cubic meter detention pond “so we would not flood the people living below in case of heavy rains.”

“As responsible citizens, we spent the money to build the waterway and the detention pond. During Tropical Storm Sendong (in 2011), it held and we ended up helping the city by supplying water to some areas because the water supply got cut off and we still had water. After Sendong, there was a big rush of people buying property because they saw our properties did not see flooding,” he said.

Even for the golf course in Cagayan de

Oro, PDO has made sure its environmental impact was minimized.

Mr. Luchangco said the company built five ponds not just as golf course hazards but to serve as interconnected reservoirs to retain water.

“We have a layer of about eight inches of sand below the surface to drain the water out. The sand acts like a filter, the water is used for the golf course, so we don’t use as much water as you would expect. We also put in an electronic control system for the sprinkling of water.

It basically calculates how much water the course really needs and only that area gets sprinkled,” he said.

Mr. Luchangco said he wants PDO to be known not just for high-quality projects, but also as an environmentally conscious company.

“What we want is to be the gold standard in residential communities, because we want to do good products,” he said.

“We want to be known for our quality and environmental concern.”

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Mindanao licensed agriculturists take oath in CdeO

CAGAYAN de Oro City -- More than 600 board passers of the Licensure Examination for Agriculturists (LEA) from six Mindanao regions took oath with the Professional Regulations Commission administered by Board of Agriculturist Vicente L. Domingo.

The inductees from regions 9, 10, 11, 12, 13 and the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) will become members of the Philippine Association of Agriculturists, (PAA) Inc., a league of professional

agriculturists in the country, which advocates rural development and sustainable Philippine agriculture.

Domingo, in his speech, reminded the newly licensed agriculturists with their noble task of providing food security for the nation.

He also assured that under the administration of DA Secretary William D. Dar, they can avail credit loan programs, up to Php500,000.00 each to start a consolidated farm enterprise, through the OATH/PAGE 15

Local

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LDN to open facility in provincial hospital

L

ANAO DEL NORTE-The Provincial Government of Lanao del Norte through Gov. Imelda Dimaporo led the groundbreaking ceremony for the construction of Lanao del Norte Provincial Hospital (LNPH) Canteen, February 20.

Dimaporo said the LNPH personnel has longed for a canteen that is accessible and could serve nutritious food not only for the employees but also for the patients of the hospital but it was fully realized then due to budget constraints.

During the said event, the governor said Rep. Khalid Dimaporo has already filed a bill in the House of Representatives and now already in the Senate to convert LNPH into a regional hospital and will be managed by the national government.

If it becomes a law,

additional equipment and facilities will be provided to accommodate a greater number of patients not only from Lanao del Norte but also from nearby provinces and cities.

Furthermore, as one of the pilot provinces of Universal Health Care, Gov. Dimaporo reminded the

employees to always treat each patient with respect and dignity, and serve with sincerity and care.

On the same day, the governor also witnessed the concreting of BaroyMarket Provincial Road at Barangay Poblacion of Baroy Municipality. (PIO-LDN/ PIA10)

LDN LNPH PROJECT. The Local Government of Lanao del Norte through Gov. Imelda Dimaporo leads the groundbreaking ceremony for the construction of Lanao del Norte Provincial Hospital Canteen. LNPH personnel has longed for a canteen that is accessible and could serve nutritious food not only for the employees but also for the patients of the hospital. (PIO LDN)

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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Police officer Caayupan, padisunggan; tunolan sa ayudang pinansiyal SAMTANG gikasubo ni Gobernador Bambi Emano ang gidangantan ni Police Staff Sargent Ronald “Boboy” Mugot Caayupan sa nahitabong shootout sa Libertad checkpoint niadtong Pebrero 17, 2020, garbo sa gobernador ang talagsaong kaisog nga gipakita sa nasangpit nga pulis pagbatok sa mga dautang elemento.

Sa sunod nga panagtapok sa Provincial Peace and Order Council (PPOC) sa Misamis Oriental, gilaumang pasidunggan ang bayanihong paghalad ni Caayupan sa iyang kinabuhi malikay lamang sa mga kriminal ang katawhan sa Misamis Oriental.

Samtang nagpahigayon sa checkpoint ang grupo ni Caayupan sa lungsod sa Libertad, gikabutyag nga gipara niini ang Mitsubishi Mirage. Mihunong ang salakyan sabay pabuto sa ilang armas ngadto’s kapulisan.

Mibalos ang grupo ni Caayupan hinungdan sa kamatayon sa usa sa mga suspetsado. Usa pa ka pulis ang samdan sa nasangpit nga insidente.

Dunay nakuha nga klase-klaseng de kalibreng armas ug granada sulod sa sakyanan, lakip pa lima ka sachet sa gituhoang shabu.

Hugot ang suporta ni Gobernador Bambi Emano sa atong kapulisan isip

mga tigbalantay ug tigpanalipod sa katawhan, hilabina niadtong walay ikasukol sa kriminal. Aron mas magkugi pa sila, kabahin sa pahalipay sa gobernador ang ayudang pinansiyal hilabina sa pamilya nga gibiyaan sa ilang minahal.

Personal nga mipadangat sa iyang pahasubo si Gob. Bambi Emano sa nabiya-ang banay ni PMSG Ronald Caayupan sa panimalay niini sa Purok 3 Poblacion, Libertad, Pebreo 20, 2020.

Giila nga hero cop si PMSG Caayupan nga nadestino sa Libertad Municipal Police Station kung diin misakripisyo kini sa iyang kinabuhi sa panag engkwentro tali sa mga armadong grupo nga kung wala mapugngi posibleng makahimo pa og dagkong krimen sa lalawigan ug sa kasikbit nga mga lugar.

Pundo gitunol ngadto’s 2 barangay sa Gingoog LAING proyekto na usab ang gitagaan og pundo sa pangagamhanang lokal sa Misamis Oriental ubos sa programang barangay empowerment ni Gobernador Bambi Emano atol sa sinemanang pagpakayab sa nasudnong bandila sa kapitolyo, Pebrero 24, 2020.

Balor P887, 803.36 nga pundo ang nadawat sa Brgy. Alagatan, Gingoog City, alang sa pagtiwas

sa construction sa ilang multipurpose hall, phase 3. Samtang ang Brgy. 12 sa susamang dakbayan, laing P300,000 ang nadawat alang sa proyektong concrete canal cover.

"Gob. Daghan kaayong salamat sa proyekto nga imong gihatag hinaot unta Gob nga tagaan ka kanunay sa kapiskay sa pang lawas og padayon sa katong mga programa og mag

malambuon kanunay hilabina sa mga kabaranggayan" ingon pa ni Ms. Emily T. Bucio sa Brgy.

Alagatan.

"Maraming, maraming salamat to Governor Bambi Emano ng dahil sayo first time kaming nakatanggap ng P300,000 sa panunungkulan ng aming bagong kapitan nga walang iba, Kapitana Susana. Maraming, maraming salamat po," malipayong

pagpadangat ni Kagawad Ruben G. Lee Jr. sa Brgy. 12, Gingoog City.

Sa milabay nga administrasyon, pihig intawon kaayo ang 424 ka barangay sa tibuok Misamis Oriental sa mga proyekto ug programa. Dili susama karon sa pamunuan ni Gobernador Bambi Emano nga nagatunol sa kaayohan sa walay pagpili sa pulitika ug bulok niini.

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best practices

Disaster Risk Reduction Management

9

The Hapsay Sapa Initiative

By PATRICK U. GABUTINA

Bitan-ag Creek is a major waterway in Cagayan de Oro City.

It cuts across the major residential and business districts of the city, from Barangay Camaman-an, to Cogon Market, through Limketkai Center, and into Agora Market and Barangay Lapasan.

The creek is also the main drain of the drainage systems of the Cogon Market area, Osmeña Street, Provincial Capitol Compound, Ramonal Village, Barangay Nazareth, and a big portion of Divisoria.

In the early 1980s, the Regional Cities Development Program implemented a project that resulted in concreting the creek bed and banks from Barangay Camaman-an all the way to its outfall in Macajalar Bay in Barangay Lapasan.

It also straightened the circuitous route of the old creek.

In the years since the completion of the project, informal settlers have built their homes along the creek, making it hard to clean and maintain. Years of neglect and bad management have made the creek a dumpsite and a major contributor to the regular flooding that has plagued the major business and residential districts of the city.

The present administration organized the Hapsay Sapa Council whose main objective is to rehabilitate Bitan-ag Creek, not only cleaning it of garbage and silt, but also to provide a resettlement area for the informal settlers.

The challenges and approaches toward this end are many.

Initially, the council has adapted a five-point strategy, namely, 1. Solid waste management, 2. Creek and waste water management, 3. Social mobilization and advocacy, 4.

Livelihood and economic opportunities, and 5. Relocation and resettlement.

In the second half of 2014, UN Habitat joined hands with us and launched the linear park project at Barangay 22.

The project is a semipermeable pavement along the creek (Zone 2, Barangay 22) that will serve as an access road for heavy equipment that will be used to dredge the creek. It will also serve as a public space for community events.

The linear park project was launched

last October 22, 2015.

Affected structures like houses, a chapel, and communal gardens, among others, were moved back by 3.25 meters to accommodate the width of the park.

The rebuilding of the affected structures is being done by the community and supervised by people from the City Engineering Office and other stakeholders as well, like CEPALCO and the Cagayan de Oro Water District.

The linear park was completed in May 2017 with a length of 180 meters from Gaabucayan extension to the first footbridge in the boundary between Barangays 22 and 26.

The construction and installation of streetlights, plant boxes

and benches further enhanced the linear park.

The next phase of the project will be at Barangays 26, 35, 36 and Camaman-an sections of the creek.

There is also a proposed linear park project at Mindulog Creek in Barangay Puerto will start in the next few months.

What sets our project apart from the others is our approach in its implementation. We don’t issue notices of violation and demolition.

Instead we talk to the people living along the creek and tell them what the project is all about.

We usually start with a public forum where all the stakeholders and partners are there to explain and answer questions.

Then we visit people in their homes, have HAPSAY/PAGE 15

A section of the linear park is now paved with semipermeable pavement to allow rainwater to seep to the ground to minimize flooding. The community supervised by the City Engineering Team and the Barangay Officials of Barangay 22 did the work.

The linear park quickly became a place for the residents to come together as a community’

LEED Platinum Certified

Pioneer House CDO showcases sustainable architecture

IMAGINE waking up, putting on your cycling gear, biking to work, parking your unit in a secured area then showering before going up to work.

Or taking a breather from your desk by walking onto a roof deck garden with panoramic views of the city and the mountains beyond; or gazing at the sheets of rain lashing against your window pane and knowing every drop that lands on the roof top will not be wasted, but rather collected and processed for flushing toilets and cleaning pavements.

At Pioneer House Cagayan de Oro (CDO), occupants need not imagine. After all, they work in a Leadership in Energy and Environmental Design (LEED) Platinum-certified building, the first and only one in the Visayas and Mindanao.

Because of its environment-friendly features, such as bicycle storage racks, shower stalls, double glazed windows that improve thermal comfort, a green roof garden setup that houses various plant species as well as gathers rainwater, Pioneer House CDO has been awarded the highest level of LEED certification.

Leadership in Energy and Environmental design (LEED) is a rating system that defines and measures green building created by US Green Building Council , a membership-based nonprofit organization that promotes sustainability in building design, construction, and operation.

Pioneer House CDO is the first in the Visayas– Mindanao region and the second building in the country to be awarded Platinum Certification in April 2015 for Core and Shell Development v. 2009.

“We are proud to have taken the lead in LEED, and will continue to raise the bar for all our future projects.” Pioneer EVP and Property Administration Head Sally Ong Pac said.

LEED measures how well a building performs using several metrics, including: energy savings, water efficiency, carbon dioxide emission reduction, improved indoor environmental quality, and stewardship of resources.

The rating systems provide a concise framework for identifying and implementing practical and measurable green building design, construction, operations, and maintenance solutions.

Pioneer House CDO is a solid testament of Pioneer’s commitment to both people and environment. It not only stands as a second home to employees dedicated to serve Filipinos from all walks of life in Mindanao through insurance and protection; it also represents Pioneer’s dedication in doing its share to preserve our environment for present and future generations.

Among its salient features are the following: • Double glazed glass windows combat energy loss, improve thermal comfort, and reduce noise.

• Roof Garden features different locallysourced plants for oxygen release, as well as natural infiltration, which minimizes runoff during rains.

• Bicycle storage racks and shower rooms encourage building occupants to ride bikes to work to reduce their carbon footprints.

• 90% of the building occupants have a view of the outdoors and 75% have access to daylight.

• An on-site water treatment plant collects rainwater for flushing toilets, cleaning pavements and watering plants.

For site tours and other inquiries, please contact Mr. Clifford Jose “Cliff ” G. Roa, AVP, Pioneer Insurance and Surety Corp., Cagayan de Oro Branch Head, Intuitional Organization, Pioneer Group at tel. nos. ((088) 856-5310 loc.

602, 880-6840, Fax (088) 857-3765 or mobile # 0917-524-3023.

10

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

WEDNESDAY|FEBRUARY 26, 2020

Republic of the Philippines Supreme Court 12th Judicial Region REGIONAL TRIAL COURT Branch 21 Kapatagan, Lanao del Norte NATIONAL GRID CORPORATION OF THE PHILIPPINES, Plaintiff,

- versus HEIRS OF SPOUSES CATALINA GINGCO PLAZA AND EUTEMIO PLAZA, namely: Delma P. Cutidioc, Zenda G. Plaza, Zelda G. Plaza, Allan G. Plaza, Susan G. Plaza, Grace G. Plaza, and Ellen Plaza-Moser,

ELPEDIO V. MERAMBEL and JENELYN CANILLA, Defendants. x-----------------------------------------/ TO:

HEIRS OF SPOUSES CATALINA GINGCO PLAZA AND EUTEMIO PLAZA, namely: Delma P. Cutidioc Zenda G. Plaza Zelda G. Plaza Allan G. Plaza Susan G. Plaza Grace G. Plaza and Ellen Plaza-Moser ALL of Corona, California, USA = = =

ELPEDIO V. MERAMBEL and = = = JENELYN CANILLA === Brgy. Rebe, Lala, Lanao del Norte

CIVIL CASE NO. 21-48 FOR: EXPROPRIATION

SUMMONS

G R E E T I N G S:

You are required to enter your appearance in the above-entitled case within FIFTEEN DAYS (15) after the service of the summons upon you, exclusive of the day of such service, and to answer the complaint of the plaintiff which is hereto attached and herewith served upon you within the time fixed by the Rules of Court. If you fail to answer within aforesaid time, the hearing will proceed for the relief applied for in said complaint.

WITNESS the HON. ALBERTO P. QUINTO, Acting Presiding Regional Trial Judge of this Court this 30th day of JANUARY 2020.

Kapatagan, Lanao del Norte.

SGD. ATTY. BERNARDINO M. BERING Clerk of Court VI --------------–---------------------------------------------------------------------ORDER

A complaint with Urgent Prayer for Issuance of Writ of Possession dated January 13, 2020 was filed by NATIONAL GRID CORPORATION OF THE PHILIPPINES on January 27, 2020 docketed as Special Civil Action No. 21-48.

Paragraph 7 of the complaint alleged that: “Defendants Heirs of Spouses Catalina Gingco Plaza and Eutemio Plaza, namely: Delma P. Cutidioc, Zenda G. Plaza, Zelda G. Plaza, Allan G. Plaza, Susan G. Plaza, Grace G. Plaza, are all residing abroad and Ellen Plaza-Moser, are all of legal age, Filipinos and currently residing In Corona, California, USA. Accordingly, plaintiff undertakes to cause the service of summons to them by publication pursuant to Sec. 15, Rule 14 of the Rules of Court.

Acting on the above, the same is hereby granted.

WHEREFORE, the plaintiff is hereby directed to cause the publication of the complaint as well as the summons in a newspaper of general circulation for three (3) consecutive weeks, all at the expense of the plaintiff.

SO ORDERED.

Kapatagan, Lanao del Norte.

February 10, 2020.

SGD. ALBERTO P. QUINTO Acting Presiding Judge --------------–----------------------------------------------------------------------

Machine copies of the BIR Certification on the zonal valuation, applicable to the subject property, Report on the Counts of Improvements and Valuation of Affected House/Structure are attached and made integral parts of this complaint.

11. To enable the plaintiff to construct and maintain the Project, it is both necessary and urgent to acquire, upon payment of just compensation, the portion of the subject property, to ensure stability and reliability of the power supply in Mindanao and other regions of the country.

12. Plaintiff negotiated with defendants, through Ellen Plaza Moser via phone call, for the acquisition of the affected portion of the subject property and to pay the cost of improvements therein that may be damaged by the construction of the transmission line project. However, no agreement was reached between the parties.

13. Considering the urgent need for the plaintiff to enter the subject property to implement and commence the necessary construction activigies for its Project, plaintiff has no other recourse but to file the instant complaint.

14. Section 13 of R.A.11361 provides that Rule 67 of the Revised Rules of Civil Procedure governs plaintiff's expropriation cases.

Under Section 2 of Rule 67 of the Revised Rules of Civil Procedure, plaintiff may already enter and possess the subject property during the pendency of the expropriation case.

15. Section 2 of Rule 67 of the Revised Rules of Civil Procedure states that:

“SEC. 2. Entry of Plaintiff upon depositing value with authorized government depositary.-Upon the filing of the complaint or at any time thereafter and after due notice to the defendant, the plaintiff shall have the right to take or enter upon the possession of the real property involved if he deposits with the authorized government depositary an amount equivalent to the assessed value of the property for purposes of taxation to be held by such bank subject to the orders of the court. Such deposit shall be in money, unless in lieu thereof the court authorizes the deposit of a certificate of deposit of a government bank of the Republic of the Philippines payable on demand to lthe authorized government depositary.” (Emphasis supplied)

16. In compliance with the notice requirement, plaintiff hereby serves, simultaneous with the filing of the instant Complaint, a Notice to Take Possession (attached as Annex “I”) upon the defendants.

17. To comply with the deposit requirement, plaintiff, notwithstanding that R.A. 10752 does not specifically apply to it, shall deposit with the Honorable Court an amount equivalent to the 100% of the BIR zonal value of the land sought to be expropriated plus the cost of the affected improvements, in the total amount of EIGHT HUNDRED THIRTY-SIX THOUSAND EIGHT HUNDRED THREE PESOS AND 88/100 (Php836,803.88), consistent with the purpose of the said law and OCA Circular No. 113-2019 to simplify the deposit requirement in expropriation cases for the benefit of the defendants and in the interest of immediate implementation of projects intended to benefit the public.

18. Upon deposit of the provisional amount, plaintiff would have fully complied with the requirements for the issuance of a writ of possession as mandated by law.

19 In a long line of cases and OCA Circular No. 113-2019, once the above requirements are complied with it, it becomes the ministerial duty of the trial court to issue the writ of possession in favor of the plaintiff, without need of any further hearing. Therefore, the Honorable Court can already immediately issue to the plaintiff an order to take possession of the property and start the implementation of the project.

PRAYER

WHEREFORE, premises considered, plaintiff most respectfully prays of this Honorable Court to:

1. ISSUE a Writ of Possession in plaintiff's favor; authorizing plaintiff to enter and take possession of the property subject of this complaint that will be affected by the construction and implementation of the Project, consisting of a total area of 6,368 square meters, more or less, as described in paragraph 10 hereof; demolish the affected structures standing therein; ordering all defendants to vacate the same; directing the Philipppine National Police (PNP) to assist the plaintiff in the implementation of the said writ of possession so that project construction can immediately commence even during the pendency of the case and/or for the conduct of the counting of affected improvements, if necessary;

2. ISSUE an Order of Expropriation declaring that the plaintiff has a lawful right to take possession and acquire the affected property specified in paragraph 10 hereof;

3. After the determination of just compensation, to authorize the payment thereof by plaintiff to the defendants after deducting the capital gains and documentary stamp taxes for the transfer of the affected portion of Lot No. 907-B, Psd-12-009030, in the name of plaintiff, all other outstanding realty taxes and dues under the Local Government Code, which plaintiff shall remit to the Government;

4. ISSUE a judgment after determination of just compensation, declaring plaintiff as the lawful owner of the affected portion of Lot No. 907-B, Psd-12-009030 consisting of a total area of 6,368 square meters, more or less, described in paragraph 10 hereof;

5. DIRECT:

a. The Registry of Deeds for Lanao del Norte to register the Order of Expropriation and Judgment on the TCT No. T-14,670 and issue a new transfer certificate of title in the name of the plaintiff with respect to the portions of the subject property sought to be expropriated herein; and

b. The Municipal Assessor of Lala and/or Provisional Assessor of Lanao del Norte to cancel Tax Declaration No. H-1900163 (08) and issue new and separate tax declaration covering the portions of the subject property sought to be expropriated herein.

Plaintiff prays for other relief as just and equitable under the premises.

Quezon City for Kapatagan, Lanao del Norte, 13 JANUARY 2020 NATIONAL GRID CORPORATION OF THE PHILIPPINES Power Center, Quezon Avenue cor BIR Road Diliman, Quezon City By:

Republic of the Philippines REGIONAL TRIAL COURT 12th Judicial Region Branch 21 Kapatagan, Lanao del Norte NATIONAL GRID CORPORATION OF THE PHILIPPINES, Plaintiffs, -versusHEIRS OF SPOUSES CATALINA GINGCO PLAZA AND EUTEMIO PLAZA, namely: Delma P. Cutidioc, Zenda G. Plaza, Zelda G. Plaza, Allan G. Plaza, Susan G. Plaza, Grace G. Plaza and Ellen Plaza-Moser,

SGD. LUIS MANUEL U. BUGAYONG PTR No. 9344633 – 01/06/2020-Quezon City IBP Lifetime No. 010191/Rizal Chapter MCLE Compliance No. VI-0012003 Roll of Attorneys No. 38002

Special Civil Action No. 21-48

SGD. GORDON S. MONTOJO PTR No. 9344642 -01/06/2020- Quezon City IBP Lifetime No. 010193/Quezon City MCLE Compliance No. VI-0012024 Roll of Attorneys No. 44910

For: Expropriation

SGD. JULES BOY R. VALDEZ PTR No. 9344639 – 01/06/2020 – Quezon City IBP Lifetime No. 012616/03-28-2014/Quezon City MCLE Compliance No. VI-12616/07-09-2018 Roll of Attorney's No. 63350

ELPEDIO V. MERAMBEL and JENELYN CANILLA,

Defendants. x- - - - - - - - - - - - - - - - - - - - - - - - - - - - -/

RIGHT-OF-WAY DEPARTMENT – MINDANAO DIVISION NATIONAL GRID CORPORATION OF THE PHILIPPINES Maria Cristina, Iligan City By: SGD. KERTH JOSSEF M. ABLANQUE PTR No. 9357974 – 01/02/2020 – Iligan City IBP Lifetime No. 012019 MCLE Compliance No. VI-0011641 Roll of Attorneys No. 60170 JUNELLA G. LIMPANGOG-ABARQUEZ PTR No. 9360825 – 12/12/19 – Iligan City IBP No. 099828 – 12/26/19 – Iligan City MCLE Compliance No. VI-0011642 Roll of Attorneys No. 58980

COMPLAINT (With Urgent Prayer for Issuance of Writ of Possession) Plaintiff, National Grid Corporation of the Philippines (NGCP), by counsel, respectfully stastes that:

1. Plaintiff is a private corporation created and existing under Philippine laws, with principal office address at NGCP Building, Quezon Avenue corner BIR Road, Diliman, Quezon City. It may be served with notices and other court processes through its Right-of-Way Department (ROWD) – Mindanao Divisdion, Maria Cristina, Iligan City, copy furnished the afore-mentioned principal office.

2. Pursuant to Republic Act (R.A.) No. 9511, plaintiff was granted a franchise to operate, manage and maintain, and in connection therewith, to engage in the business of conveying or transmitting electricity through a high-voltage back-bone system of interconnected transmission lines, substations and related facilities, systems operations, and other activities that are necessary to support the safe and reliable operation of a transmission system and to construct, install, finance, manage, improve, expand, operate, maintain rehabilitate, repair and refurbish the present nationwide transmission system of the Republic of the Philipppines.

3. Under Section 4 of the same law, plaintiff was granted the power ofl eminent domain, subject to the requirements of the Constitution and existing laws.

4. Plaintiff is engaged in the business of transmitting electric power from the generating plants of power producers to distributors. As such, plaintiff's business is imbued with public interest.

5. To address the country's growing power demand and ensure continuous, reliable and efficient power supply, there is a need to interconnect the three (3) major power grids of Luzon, Visayas, and Mindanao into a single national grid. Aside from the sharing of systems reserve, the interconnection will also help optimize utilization of indigenous energy resources such as natural gas in Luzon, geothermal in the Visayas and hydro in Mindanao. Owing to this necessity, plaintiff must immediately construct the transmission lines that will transmit power to distributors of electricity not only in Mindanao but also in Luzon and Visayas. This undertaking is for the use and benefit of the public and part of it is known as the MINDANAO-VISAYAS INTERCONNECTION PROJECT (MVIP), integral part of which is the LALA-AURORA 138kV TRANSMISSION LINE PROJECT (Project).

6. The said MVIP of NGCP is the first project certified by the Department of Energy (DOE) as an Energy Project of National Significance pursuant to R.A. 7638 of DOE Act of 1992, as amended, entitled to all the rights and privileges provided under Executive Order No. 30, Series of 2017 , as evidenced by DOE Certification dated 8 May 2018 attached as Annex “A”. It is targeted to be energized by December 2020.

7. Defendants Heirs of Spouses Catalina Gingco Plaza and Eutemio Plaza, namely: Delma P. Cutidioc, Zenda G. Plaza, Zelda G. Plaza, Allan G. Plaza, Susan G. Plaza, Grace G. Plaza, all residing abroad and Ellen Plaza-Moser, are all of legal age, Filipinos and currently residing in Corona, California, USA. Accordingly, plaintiff undertakes to cause the service of summons to them by publication pursuant to Sec. 15, Rule 14 of the Revised Rules of Civil Procedure.

8. Defendants Elpedio V. Merambel and Jenelyn Canilla, are both of legal age, Filipinos, and residents of Brgy.

Rebe, Lala, Lanao del Norte, where they may be served with summons and other processes of this Honorable Court.

9. Defendants Elpedio V. Merambel and Jenelyn Canilla are impleaded herein in accordance with Section 1 of Rule 67 of the Revised Rules of Civil Procedure, being the alleged claimants of the structures in the subject property.

10. Plaintiff intends to expropriate portion of a parcel of registered land identified as Lot No. 907-B, Psd-12-009030, situated in Brgy. Rebe, Lala, Lanao del Norte. The subject property is registered and declared in the name of the late Catalina Gingco married to Eutemio Plaza per Transfer Certificate of Title No. T-14,670 and Tax Declaration No. H-1900163 (08). It is more particularly described below together with the affected area sought to be expropriated consisting of a total area of 6,368 square meters, as shown in the attached Sketch Plan and Technical Descriptions, as follow:

Republic of the Philippines) Iligan City ) SS.

VERIFICATION AND CERTIFICATION

I, GILBERT S. POLLOSO, of legal age, under oath, state that:

1. I am the Regional ROW Manager, Mindanao Right-of-Way Division, National Grid Corporation of the Philippines (NGCP);

2. I am authorized to sign the Verification and Certification of Non-Forum Shopping in the expropriation cases for and on behalf lof NGCP with respect to the projects and areas under my supervision pursuant to the authority granted by the NGCP Board of Directors on its meeting on 29 November 2017 as evidenced by a Secretary's Certificate, hereto attached as Annex “J”.

3. I have caused the preparation of the foregoing Complaint;

4. I have read the foregoing Complaint and attest that the allegations therein are true and correct of my personal knowledge and based on authentic records on file; and

5. I further attest that NGCP has not commenced any action or filed any claim involving the same issues in any court, tribunal or quasi-judicial agency and, to the best of my knowledge, no such other action or claim is pending therein; If I should thereafter learn that the same or similar action or claim has been filed or is pending, I shall report that fact to this Court within five (5) days threfrom.

IN WITNESS WHEREOF, I have hereunto affixed my signature this January 15, 2020 in Iligan City, Philippines.

SGD. GILBERT S. POLLOSO Affiant

SUBSCRIBED AND SWORN to before me this January 15, 2020, affiant exhibited to me his Unified Multi-Purpose ID No. CRN0111-01350836-2, as his competent proof of identity.

Doc. No. 259; Page No. 52;

SGD. ATTY GIANCARLO A. CRUZ Book No. IX;

Notary Public Series of 2020.

Until December 31, 2021

Serial No. 20 255

PTR No. 9383906A 01-02-20 Iligan City

IBP No. 099813 12-26 19 Pasig City

Roll No. 65399 2016

TIN NO. 948 107 530

MCLE Compliance VI-0000281 (04-14-2022)

Sabayle St., Iligan City MDN: Feb. 19, 26 & Mar. 4, 2020

11 Green, Sustainability Bond Markets poised for growth T Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

WEDNESDAY|FEBRUARY 26, 2020

best practices

HE Green and Sustainability debt markets in the Philippines and other members of the Association of Southeast Asian Nations (ASEAN) are poised for growth, with the “necessary foundations” for their development already in place.

In a keynote speech at the ASEAN+3 Bond Market Forum Meeting at the Asian Development Bank (ADB) Headquarters in Manila on February 5, SEC Commissioner Ephyro Luis B. Amatong cited the “notable” issuances of bonds worth more than US$3.8 billion under the ASEAN Green and Sustainability Bond Standards in 2019 as positive indication of the market’s development.

Last year’s issuances was six times larger than the $639 million issued in 2018, when the value increased by over 50% from 2017. Sustainability bonds accounted for $1.4 billion or 36% of last year’s total, up 14 times from just $100 million in 2018.

“While ASEAN may still be a relatively small player in the global Green/ Sustainability debt market – with $330 billion raised in 2019 – the rate of growth in ASEAN appears to show the necessary foundations for the development of such a Green/ Sustainability debt market have indeed been laid, including the issuance of a clear set of guidelines for issuers to follow and which investors, both international and domestic, recognize as holistic and reliable,” Mr. Amatong said.

Where ASEAN stands For now, Indonesia, Malaysia, Philippines, Singapore and Thailand dominate the ASEAN Green and Sustainability bond market.

The Philippines has seen 15 issuances worth

$3.04 billion by a range of private sector issuers, including renewable energy firms and banks taking advantage of both on- and offshore markets.

Philippine banks particularly have had notable success in this market. Among them is Rizal Commercial Banking Corporation (RCBC), which has issued two Sustainability bonds and one Green bond totaling $742 million, of which $442 million is peso-denominated.

Bank of the Philippine Islands also issued Green bonds under the ASEAN Standards to raise $300 million and CHF100 million, with the latter transaction achieving a negative yield. Most recently, state-owned Development Bank of the Philippines entered the domestic Sustainability market, raising $352 million from the issuance of peso-denominated Green bonds in late 2019.

In 2016, there were only three Green bonds outstanding in ASEAN, for a total of $252 million. Now there are at least 57 issues under the ASEAN Standards for Green, Social and Sustainability bonds for a total of $4 billion.

In the Philippines, the private sector-led foray into the Green and Sustainability capital markets first relied on strategic support from development partners, particularly in the case of renewable energy producers.

Overall, seven of the Philippines’ 15 Sustainability transactions have received some form of support or engagement by multilateral development finance institutions, namely the ADB and International Finance Corporation.

‘Necessary foundations’ in place Mr. Amatong cited

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:

DEED OF EXTRA JUDICIAL SETTLEMENT OF ESTATE

That ROSITA B. ACTUB (Vendor) of legal age, widow, Filipino and resident of Zone 4, Igpit, Opol, Misamis Oriental, and LOURICO JULES B. GOCHUCO (Vendee) of legal age, single, Filipino and resident of NHA Phase 2, Kauswagan, Cagayan de Oro City is the absolute owner and possessor of an Agriculture Land, mother title under TCT No. T-24565 situated in Brgy. Igpit, Opol, Mis. Or.; with an area of Three Hundred Seventy-Four Square Meters, more or less and has been the subject of an DEED OF ABSOLUTE SALE, per DOC #420; PAGE #84; BOOK #122; Series of 2019, under the Notarial Registry of ATTY. BUENAVENTURA E. SAGRADO.

That the late PABLO STEPHEN C. TY who died January 14, 2020 in Faith Hospital, Ozamiz City, Misamis Occidental. That deceased, PABLO STEPHEN C. TY died leaving without a WILL and neither did he have any outstanding obligation/debt to any person whatsoever. That said deceased left a certain Savings Account with the Land Bank of the Philippines, Wao, Lanao del Sur Branch under Savings Account No. ______________ in the amount of P379,618.15 And has been the subject of a Deed of Extra Judicial Settlement of Estate filed by Heirs of PABLO STEPHEN C. TY. per Document no. 304, Page no. 61, Book no.

XXII series of 2020 under the Notarial Registry of Atty. Daniel C. Lao.

BWM: Feb. 19, 26 & Mar. 4, 2020

BWM: February 12, 19 & 26, 2020

the issuance of a clear set of guidelines for issuers among the “necessary foundations” for the development of the ASEAN Green and Sustainability debt market.

“First, we at the ASEAN Capital Markets Forum (ACMF) recognized early on the potential of green and sustainable finance to attract international investors, who, generally speaking, have had more funds to invest than investible options,” Mr. Amatong said.

“We at ACMF see this as an opportunity for ASEAN countries, many of whom have significant infrastructure development programs, to access as yet untapped sources of much needed financing. Resilient and adaptable infrastructure is particularly important to those of us in ASEAN since we are particularly at risk to the impact of climate change.”

In this light, ACMF developed the ASEAN Green Bond Standards in 2017, in line with the Green Bond Principles formulated by the

EXTRAJUDICIAL SETTLEMENT OF ESTATE PARTITION WITH WAIVER OF HEREDITARY RIGHTS KNOW ALL MEN BY THESE PRESENTS:

That HENRY YAÑEZ BAA who died on November 7, 2014 in Igpit, Opol, Misamis Oriental has left a parcel of land with TCT No. T – 24565 situated at Igpit, Opol, Misamis Oriental, containing an area of FIVE THOUSAND FOUR HUNDRED AND FIFTY-FIVE (5,455) square meters more or less. ROSITA ACTUB – 374 sq. m, ROSITA ACTUB – 510 sq. m, ROSITA ACTUB – 100 sq. m, ROSITA ACTUB – 100 sq. m, ROSITA ACTUB – 50 sq. m, ROSITA ACTUB – 50 sq. m, JEAN PAULA B. MICAYABAS – 374 sq. m, JEAN PAULA B. MICAYABAS – 860 sq. m, LEONORA B. UDANG – 374 sq. m, LEONORA B. UDANG – 860 sq. m, NENA B. SABO – 1,245 sq. m and whereas it is to the best interest of the said PARTIES-HEIRS, heirs of said decedent Henry Y. Baa, to partition and adjudicate between/among themselves the entire estate of said decedent Henry Y. Baa, particularly the aforementioned property of the decedent extrajudicially in the manner and form hereinafter set forth.

And has been the subject of an EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF THE LATE HENRY YAÑEZ BAA AND PARTITION AGREEMENT filed by the heirs per Doc. No. 79, Page No. 17, Book No. 29, Series of 2017 of the Notarial Registers of ATTY. JAIME Y. SINDIONG.

That the late MARY ANN BELACHO y TACLOB, who died intestate or without leaving any will on 8 November 2014 in Cagayan de Oro City, Philippines; that the decedent at the time of her death left three parcels of land (“Estate”) all situated in the Province of Misamis Occidental, Philippines and more particularly described as follows: TCT No. CLOA/TCT-2487, situated in Barangay Western Poblacion, Municipality of Lopez Jaena, Province of Misamis Occidental Philippines, containing an area of SIX THOUSAND SIX HUNDRED EIGHTY-ONE (6,681) square meters, more or less, TCT No. CLOA/TCT-1603 situated in Barangay Katipa, Municipality of Lopez Jaena, Province of Misamis Occidental, Philippines, containing an area of FOUR THOUSAND ONE HUNDRED NINETY-THREE (4,193) square meters, more or less, Cadastral Lot No. 3541- part and Assessor’s Lot No. 025, covered by Tax Declaration No. 13118 beginning year 1997, Situated in Barangay Sibugon, Municipality of Lopez Jaena, Province of Misamis Occidental, containing an area of Ten Thousand (10,000) square meters, more or less and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE PARTITION WITH WAIVER OF HEREDITARY RIGHTS filed by the heirs of MARY ANN BELACHO y TACLOB, per DOC #253; PAGE #51; BOOK #45; Series of 2016 under the Notarial Registry of ATTY. NOEL B. VEDAD.

BWM: Feb. 19, 26 & Mar. 4, 2020

BWM: February 12, 19 & 26, 2020

KNOW ALL MEN BY THESE PRESENTS:

R.A. 10172

Republic of the Philippines Bangsamoro Autonomous Region in Muslim Mindanao PROVINCE OF LANAO DEL SUR MUNICIPALITY OF BACOLOD-KALAWI NOTICE FOR PUBLICATION

In compliance with Section 5 R.A. 10172 a NOTICE is hereby served to the Public that ABEER CALI FAISAL has filed with this Office a Petition for Clerical Error in the entry of the child’s (SEX) from “FEMALE” to “MALE” in the Certificate of Live Birth of ABEER CALI FAISAL who was born on August 05, 1983 in Bacolod-Kalawi, Lanao del Sur, and whose parents are FAISAL ANIGO OMAR and HADJA FATIMA MUSTAPHA CALI. Any person adversely affected by said petition may file his written opposition with this Office not later than February to March 2020.

BWM: February 19 & 26, 2020

(SGD) JONAISAH B. DIPATUAN Municipal Civil Registrar

International Capital Market Association.

Fundamentally, the Standards provide a framework to ensure transparency and allow

investors to make informed judgments regarding an offering’s “green-ness” and sustainability.

GROWTH/PAGE 13

How to teach students to improve their writing

By MERLITA B. DAVEN Tuod Integrated School Tuod, Manticao, Misamis Oriental

CONFERENCING is crucial for young writers but there’s only one teacher. In this case, you must organize peer conferences to help kids improve their writing skills.

While teacher-student writing conferences are valuable, there’s a bottleneck issue: there is only one teacher and often dozens of peers. Peer to peer conferences are a natural way to supplement teacherled conferencing but they have other benefits as well: peer to peer feedback exposes students to the struggles of other young writers and allows them to practice the nomenclature of writers.

Peers have similar life experiences and a common frame of reference and students are more inclined to listen to constructive criticism from their peers because the power dynamic of their relationship is dif ferent than that of teacher-student.

There are similar techniques for student conferences. In an ear conference, students sit side by side rather than face to face and listen to a reading of their work or a portion of it. Without the distraction of looking at written words, students are able to focus on the flow of the writing and offer critiques of the overall structure of a piece.

Teaching arts in elementary and high school

By MARITES TANGALAN ESPIRITU, Teacher I Dona Consuelo Elementary School Division of Ozamis City

ART must be cherished even during childhood because this is one way that a child can express his/her creativeness. The other one is sport which is of course one of the elements of MAPEH. Although some may regard art education as a luxury, simple creative activities are some of the building blocks of child development.

This has been proven throughout time by both psychologists and pediatricians alike.

Learning to create an d appre c i ate v i su a l aesthetics may be more important than ever to the development of the next generation of children as they grow up.

Many of the motions

involved in making art such as holding a paintbrush or scribbling with a crayon are essential to the growth of fine motor skills in young children.

According to the Nat iona l Inst itutes of Health, developmental milestones around age three should include drawing a circle and beginning to use safety scissors. Around age four, children may be able to draw a square and begin cutting straight lines with scissors.

Many preschool programs emphasize the use of scissors because it develops the dexterity children will need for writing. That is why it is always exciting to teach art in the MAPEH subject.

12

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WEDNESDAY|FEBRUARY 26, 2020

Practices... from page 4

fever, cough and difficulty breathing it’s important to seek medical attention promptly as this may be due to a respiratory infection or other serious condition.

Respiratory symptoms with fever can have a range of causes, and depending on your personal travel history and circumstances, 2019nCoV could be one of them.

If you have mild respiratory symptoms and no travel history to or within China If you have mild respiratory symptoms and no travel history to or within China, carefully practice basic respiratory and hand hygiene and stay home until you are recovered, if possible.

As a general precaution, practice general hygiene measures when visiting live animal markets, wet markets or animal product markets Ensure regular hand washing with soap and potable water after touching animals and animal products; avoid touching eyes, nose or mouth with hands; and avoid contact with sick animals or spoiled animal products.

Strictly avoid any contact with other animals in the market (e.g., stray cats and dogs, rodents, birds, bats).

Av o i d c o nt a c t w i t h potentially contaminated animal waste or fluids on the soil or structures of shops and market facilities.

Avoid consumption of raw or undercooked animal products Handle raw meat, milk or animal organs with care, to avoid cross-contamination with uncooked foods, as per good food safety practices.

Mentality... from page 4

based on how fair and good it will be for your children. We need to teach our children by our good example how to use money well.

A w is e p ers on s aid: “Money talks and never listens—unless you make it listen.” It is up to us to take control and start changing our way of using money.

If you realize that your wife or husband is better at managing the money and bills, then you should let them do more of it. But most of all, you need to ask Jesus to take full charge of your heart, marriage, and way of using money.

That is how you can lead your family into His way of enjoying a truly prosperous and peaceful life together.

Just think a minute...

Faithful... from page 4

the business’ future success.

When the shared vision is internalized, the journey towards growth can now move forward by way of family commitment and strategic thinking.

To conclude, a wellcrafted family constitution (reinforced with a family council, assembly and the Shareholders agreement)

that goes beyond two to three generations towards the future can perpetuate a family business for a long time. It is therefore my wish that family business members should start the process now in order to ensure the legacy of the founders and the everlasting prosperity of the family and its businesses. Having a stand-alone Constitution devoid of any collective e f f o r t i s e mp t y a n d a complete waste of time and resources.

Power...

from page 4 be her chastisement.

Karen’s talk show, “Head start”, was obviously crafted to elicit proof that Duterte is behind the delay in tackling several bills pending in congress that would add a new lease of life to ABS CBN franchise which will expire on March 30. Davila also dragged the President as the one behind the filing of quo warranto in the High Court. She summed these all up as Duterte’s move in curtailing the freedom of the press. Panelo moreover removed the cobwebs and hot air in her head. He said, it is in fact the President who is prodding the House of Representatives to agenda for deliberations all the bills that relate to ABS CBN franchise. Sen. Bong Go made the same assertion in the Senate deliberation.

On the QW, the palace spokesman said that Solgen Joe Calida is acting on his own after discovering alleged serious breach that the Network committed.

Panelo told Davila that Calida might be charged with dereliction of duty if he failed to act on what he is mandated to do.

The handful of people that showed up in rallies at Edsa to oust Duterte speaks for itself. But nothing can argue against the fact that 87% of the Filipinos are satisfied with what the President is doing. One g i a nt Ne t w o r k c a n n o t diminish the fact that in this small country we have thousands of broadcast and print media establishments not to include a mesh mass of internet-based media exercising their freedom in limitless abandon. Anyone who says otherwise is either a liar or a paid propagandist.

Growth... from page 11

The Philippines adopted the Standards in August 2018, as the SEC issued the

guidelines on the issuance of bonds for the financing o r re f i n a n c i n g of n e w and/or existing projects that must provide clear environmental benefits, such as those relating to renewable energy, energy e f f i c i e n c y, p o l l u t i o n prevention and control, environmentally sustainable management of living natural resources and land use, clean transportation, climate change adaptation, and green buildings.

The Philippines likewise adopted the ASEAN S ocial B onds Standards and ASEAN Sustainability Bonds Standards. In April 2019, the SEC issued the guidelines on the issuance of bonds for social projects a i m e d at prov i d i n g or promoting affordable basic infrastructure, access to healthcare and education, and food security, among others, as well as those for social projects with environmental co-benefits.

“ASEAN’s commitment to a sustainable future and sustainable capital markets goes beyond the issuance of standards and the debt c a p i t a l m a r k e t s ,” M r.

Amatong said, as six of the 10 ASEAN members require publicly listed companies to issue sustainability reports.

The Phi lippines, for one, requires publicly listed companies to disclose certain information in relation to their non-financial performance across the economic, environmental and social aspects of their organizations. The SEC issued the guidelines on sustainability reporting in February 2019.

M r. A m a t o n g a l s o cited the participation of five ASEAN members in international initiatives that seek to enhance sustainability risk management and the adoption by seven members of policies to mainstream sustainable finance.

In March, the ACMF is e x p e c te d to a d opt a broader sustainable finance roadmap, which it intends to present during the ASEAN Finance Ministers’ meeting for endorsement.

“All this is to say, that we think that ASEAN is off to a good start in its sustainability journey,” Mr. Amatong said. “But there is still so much we can do, and so much we need to do, to realize our shared goal of sustainable economic growth in the real economy supported by sustainable capital markets.” (SEC)

Vincy Vacalares - Miss Universe Philippines 2020 candidate representing Cagayan de Oro City - pays a courtesy call on Mayor Oscar Moreno. The prestigious pageant will be held this May. photo by mark francisco

The winners of the recently held Miss Phillips 2020 look adorable in their Jie-jie Aisa creations. They are Miss Phillips 2020 Stephany Marfa Halasan, first runner-up Aira Alimbuyong (left) and second runner-up Lorihel Cajutay (right). Camp Phillips is a gated community in Manolo Fortich, Bukidnon. photo by raphy arcaina

Twenty-one yearold An Cristie Tangcalagan is crowned as Miss Canitoan 2020.

She appears in a Jie-jie Aisa gown. photo raphy arcaina

14

Beneath SM CDO Downtown Premier:

best practices

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WEDNESDAY|FEBRUARY 26, 2020

A rainwater catchment system to save lives and property

SM Prime Holdings (SM Prime), the country’s largest integrated property developer, is no stranger to massive flooding. In a country hit by some 20 typhoons a year, SM Prime recognizes the devastation this causes, the lives it puts at risk and the overall potential danger which have become

critical considerations for any of its new property developments.

To address such risk and without much fanfare, the company built underneath select SM malls enormous “catchment tanks” which are designed to help mitigate the impact of typhoons on both lives

SM Cagayan de Oro Downtown Premier

and property. The tanks represent additional costs to building the malls unseen by the public. But its payback goes beyond anything that money can pay for.

“Investing in disaster risk resilience is definitely one of our key strategic goals. While the cost of DRR continues to rise, let

Isometeric illustration of SM CDO Downtown Premier’s rainwater catchment

us see it as an investment that translates not only to immeasurable returns but a greater safeguarding of our communities, our customers and the general public,” SM Prime Director Hans T. Sy said in The Global Platform for Disaster Risk Reduction, a biennial forum by the UNISDR held some time ago in Mexico.

SM CDO Downtown Premier The latest in its roster of flood-resistant malls, SM CDO Downtown Premier in Cagayan de Oro features a rainwater catchment basin underneath the main mall building with a 75 x 40 meters floor area and a depth of 6 meters that can

hold up to 13,650 cubic meters of water, equivalent to about 13.6 million 1-liter soda bottles or 5 Olympic-size swimming pools.

When it was building its second CDO mall, SM Prime paid careful attention to the area which has seen its fair share of heavy floods. In fact, the catchment tank capacity was based on the maximum recorded rainfall in CDO City for 24 hours which reached 237.2 millimeters and the 24-hour rainfall intensity of 455 millimeters experienced from Typhoon Ondoy in September 2009.

“I keep on telling my team to be a responsible developer. With the

increasing concern of the effects of climate change, it is imperative that when we enter a community, we take the environmental efforts into consideration,” Mr. See stressed. “This is allied with our desire to help improve the lives, welfare, and well-being of Filipinos through a viable sustainability program.”

For SM Prime, understanding and recognizing disaster risks in areas of business are important because of both direct and indirect impacts they have on lives and property. “By investing in resilience, SM Prime minimizes vulnerability, better safeguards physical assets, reduces recovery CATCHMENT/PAGE 15

15

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WEDNESDAY|FEBRUARY 26, 2020

Catchment... from page 14

expenses and contributes to local government efforts.

Ultimately we are able to better protect lives, and have safer, healthier, happier communities,” Sy said during the forum.

This attention to detail and commitment to mitigate the impact of disasters have been evident in most of its malls. Beyond the unique and iconic designs, SM Prime allocates 10 percent of its capital expenditure for disaster resilience features when building its malls.

Being at the forefront of sustainable development, SM Prime has likewise taken the role of educating and updating its partners and stakeholders on DRR through various fora such as ARISE events and its Annual Green Retail Agenda. It also creates awareness among the youth by showing films for free for students in its annual Green Film Festival.

SM Prime continues to lead the country’s private sector in advocating disaster resilience and business continuity. As more malls open under SM Prime, it will continue to innovate on its sustainability approaches, disaster resilience initiatives and corporate social responsibilities.

Summit... from page 1

are to continue the gains of cultural evolution and to save the environment on which our lives depend,” said Dr. Angelina P. Galang, President of Green Convergence.

The biennial Summit is unique to most forums on the environment that present the dire state of our planet in that it recognizes the valiant efforts of many Filipinos who are taking positive steps to counter the destruction.

“Our Summit proclaims the good news,” Galang stressed. “We celebrate the Philippine environmental movement, and call for the Filipino people to unite in accelerating the drive towards sustainable development.”

Confirmed plenar y speakers include Federico Lopez, CEO of the Energy Development Corporation and Mitos Urgel, President & CEO of the World Fair Trade Alliance Asia. DENR Secretary Roy Cimatu will deliver the keynote address.

The biennial Summit was first held in 2016 in Luzon at the SM Mall of Asia, Metro Manila, while the 2018 event was held in Visayas at the Waterfront Hotel, Cebu City.

The 2020 Summit will be the first time that Mindanao hosts the event.

The 3-day Summit will carry the themes of Safe Food, Healthy Environment, and Sustainable Economy. Each day will have plenary sessions in the morning and breakout sessions in the afternoon.

Around 1,000 participants from all over the country are expected to attend.

Breakouts on the following topics will be held every afternoon from 2-5PM: Feb.

26 (Wed): Indigenous Peoples Eco-Governance, Organic Agriculture, Disaster Risk Reduction Management, and Eco-Friendly & Sustainable Barangays; Feb. 27 (Thursday) : Community Co-Governance, Non-Timber Forest Products, Ecotourism, and Youth and the Environment; and Feb.27 (Friday): Ecosystems Protection, Bamboo: Sunrise Industry for the Philippines, Education and t h e E nv i ron m e nt , a n d Spirituality and Sustainability.

The 3rd Philippine Environment Summit is brought to you by Green Convergence Philippines and the Department of Environment and Natural Resources (DENR), together with the Forest Foundation Philippines, the Energ y Development Corporation, and the Foundation for the Philippine Environment.

It is supported by Xavier University - Ateneo de Cagayan, the Roman Catholic Archdiocese of Cagayan de Oro, the Local Government of Cagayan de Oro City Philippines, Liceo de Cagayan University- Official FB, and SEARCA, with media partners Eco-Business, Mindanao Daily News, BusinessWeek Mindanao, and The Cagayan de Oro Times.

Practices... from page 1

unique to most forums on the environment that present the dire state of our planet in that it recognizes the valiant efforts of many Filipinos who are taking positive steps to counter the destruction.

“Our Summit proclaims t he go o d ne ws,” Gre en C onve rge nc e Pre s i d e nt A n g e l i n a P. G a l a n g stressed. “We celebrate the Philippine environmental movement, and call for t h e F i l ipi n o p e opl e t o unite in accelerating the drive towards sustainable development.” “ We w i s h t o t h a n k Green Convergence and the other organizers for choosing Cagayan de Oro for this summit,” said Engr.

Elpidio M. Paras, president of NorMin Found at ion Inc. a private, voluntary, non-stock non-profit corporation which aims to rationalize social, cultural, and economic promotions and conservation events by working together as a group and thus maximizing the use of resources from both the government and private sectors.

Paras is the president and CEO of UC-1 Corporation which owns and operates the Seas Water Park and Resort, Barra, Opol, Misamis Oriental billed as a showcase of Sustainable Tourism in Mindanao.

T h e r e s o r t f e at u r e s cutting edge features to minimize its carbon footprint such as solar power with complementary energy saving motors, recycling and scrubbing of water from its pools to ensure the safety of its guests, and solid and waste water management .

Another showcase is the Philippine Ports Authority

Port Management Office of Misamis Oriental-Cagayan de Oro (PPA PMO-MOC) Cagayan de Oro Port at Bgy. Macabalan, Cagayan de Oro City B esides being one of only two Green Port Award System (GPAS) Certified Green Ports by the APEC Po r t S e r v i c e Ne t w o r k (APSN) in the Philippines, it has also been cited by the Development Academy of the Philippines (DAP) as under its Government Best Practice Recognition (GBPR) for Fostering a Green Culture for Port Operations and Management with Best Practices in environmental protection, conservation, and sustainability through the employment of technolog y ; issuance and compliance with environmental policies and mandates; and inculcating environmental awareness among port stakeholders.

Reforestation is also showcased in real estate development by Pueblo de Oro Township Urban R ain Forest provides a haven for indigenous w i l d l i fe to prote c t t he areas biodiversity, recycles rainwater to maintain the greens of its golf course, and prevent the runoff from flooding downtown area.

Further on in Mapawa, Bgy. Cugman, Cagayan de Oro, STEAG State Power Inc. maint ains a 1, 200 hectare (ha.) carbon sink to offset the greenhouse gas emissions of its coal-fired power plant in Villanueva, Misamis Oriental. On top of this, the firm also has pl ante d an d m ai nt ai ns 1,000 has. of urban forestry projects in the province and 16-has. of mangrove development projects along the Macajalar Bay. Not the least, Cagayan de Oro City showcas es Sustainable Architecture in Pioneer House CDO , the only LEED Platinum Certified green building in the Visayas and Mindanao at downtown Cagayan de Oro; the Limketkai Luxe Hotel, the first hotel in the Philippines to be LEED Gold Certified by the U.S. Green Building Council; the Cagayan Electric Power & Light Company’s Green Admin Building and Primavera Residences and Primavera City projects of Italpinas Development Corporation (IDC), at the Pueblo de Oro Business Park in Uptown Cagayan de Oro. Designed by architects Romolo Valentino Nati and Francesco De Luca, the twintower Primavera Residences mixed-use condominium ser ves as IDC’s flagship project in the Philippines.

The towers feature a set of cantilevers that create shadows from within, preventing direct sunlight from penetrating windows to keep indoor temperatures low. A green inner courtyard promotes natural ventilation by forcing warm air out of the building through the roof, which is lined with solar panels to power

common areas.

Through EDGE certification, IDC aims to make Primavera Residences a landmark in sustainable development, showing how it is possible to develop affordable and elegant green buildings in the Philippines.

The buildings will be m ai nt ai ne d i n an e c o friendly manner, promoting waste segregation, nonc h e m i c a l pro du c t s f or c l e a n i n g a n d bi c y c l e s , in addition to resource efficiency. Initiatives will be organized to increase interest among unit owners about the benefits of sustainable living.

Interested participants who wish to visit the aforementioned projects can contact them through the hyperlinks as indicated above.

The 3rd Philippine Environment Summit #PHENVISUMMIT2020 is brought to you by Green Convergence Philippines and the Depar tment of Environment and Natural Resources (DENR), together with the Forest Foundation Philippines, the Energ y Development Corporation, and the Foundation for the Philippine Environment.

It is supported by Xavier University - Ateneo de Cagayan, the Roman Catholic Archdiocese of Cagayan de Oro, the Local Government of Cagayan de Oro City Philippines, Liceo de Cagayan UniversityOfficial FB, and SEARCA, with media partners EcoBusiness, Mindanao Daily N e w s , B u s i n e s s We e k Mindanao, and The Cagayan de Oro Times.

PSBank... from page 16

PSBank’s Senior Vice President and Marketing Group Head Emannuel A. Tuazon says: “Celebrate new beginnings this year with the Bank that journeys with you everyday, a trusted and reliable group that puts your best interests at the heart of everything it does. With PSBank’s full suite of future-ready offerings, you can now confidently seize opportunities and make this new year, this new decade, a time of turning your big dreams into reality. We invite you to check out our products and services today!”

About PSBank Philippine Savings Bank (PSBank) is an industry trailblazer in innovative and future-ready banking, and is the country's consumer and retail bank of choice for almost 60 years. Its primary objective of delivering quality customer service, simplified processes, quick credit decisions, and consumer-focused products are underscored by a clear p ro mi s e : S i mp l e L an g , Maaasahan.

It is the retail banking arm and a subsidiary of the Metropolitan Bank and Trust Company. To date, PSBank's nationwide network has already reached 250 branches and over 559 in-branch and offsite ATMs - ready to serve its ever-growing client base.

Oath... from page 6

DA-Agricultural Credit Policy Council.

Further, he explained, that through Sec. Dar's Kapital Access for Young Agripreneurs (KAYA) loan program, young Filipinos, ages 18 to 30 years old can avail financial assistance payable in five years at zero percent interest.

More ove r, w it h Agrinegosyo individuals and institutions, who are already engaged or are interested to establish micro and small agribusiness enterprises, can loan up to Php15-million, payable in five years without interest.

"The said credit programs are part of the government's strategies to address unemployment and the aging population of Filipino farmers," he added.

PA A R e g i o n - 1 0 Pineapple Chapter facilitated the event headed by Carlota S . Ma d r i ag a , PA A- R 1 0 President, who is at the same time the DA-RFO 10 Regional Technical Director for Operations.

Ma d r i a g a s a i d t h at regional LEA board passers oathtaking is the first regional chapter oathtaking in history, which will be followed by other regions nationwide.

"The initiative is favorable to most of the board passers.

Aside from it can lessen their transportation cost, which is usually administered in Luzon, acquiring the certificate needed for the job application will be easier and convenient," she added.

Also present in the event was PAA National Officer Arthur R. Baria, who also led the oathtaking of the new PAA members. (EMB/ DA10)

Hapsay... from page 9

breakfast, or lunch with them and further explain the impact of the project on a more personal level.

Through these activities, we are able to make them active participants in building a better community.

The program has won an International award, the Asian Townscapes Award in Hong Kong from the Asia-Pacific regional office

of U.N. Habitat in 2018. It was cited for its community engagement approach towards the rehabilitation of Bitan-ag creek.

As of now, more people and institutions are more than willing to join and help in the Happy Sapa projects.

The Department of Public Works and Highways (DPWH) has funded the construction of a linear park in Mindulog creek in Barangay Puerto.

SM CD O D owntown Premier management has pledged to construct waste t r ap s a l ong d e s i g nate d sections of the creek.

The Department of Science and Technology (D OST) has committed in helping set up a water treatment facility and has engaged the services of a Dutch water expert to help on the endeavor.

The University of Science and Technology of Southern Philippines (USTP), through its Cagayan de Oro City campus will help in coming up with flood mitigation infrastructure.

There is also a regular information, education and communication campaign conducted together with stakeholders and partner schools, such as (USTP) and Xavier University, wherein teachers and students go to the different barangays along the creek to educate and talk about solid waste management and waste water management, among other things.

These are usually done with food provided by partners and prepared by community members.

Through these informal gatherings, a lot has been talked about, argued and resolved on a convivial atmosphere.

This is just the start of a more comprehensive initiative for urban transformation -e nv i s i o n i n g t h e w h o l e stretch of the creek, from its headwaters in Barangay Indahag to its outfall in Barangay L apasan, into a park that will showcase the resilience of the communities along Bitanag Creek, Kolambog Creek, Mindulog Creek and other major creeks in the city.

ALLAN'S LECHON Main: Purok 4 Puerto, Cagayan de Oro City Cell #: 0928-616-4431 / 0905-777-0670 Branch: 31st Nazareth, Cagayan de Oro City Cell #: 0926-594-9540

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Branch: Casinglot, Tagoloan, Misamis Oriental

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16

Embrace New Beginnings

Feature

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WEDNESDAY|FEBRUARY 26, 2020

Partner with PSBank this 2020 T HE New Year is undoubtedly one of the most exciting times of the season.

This is the period when people, young and old alike, take the chance to remember the events of the year that has passed and look forward to the many opportunities that are in store for them.

As families and individuals enter a

new decade, goals are created, revived, and are actively set in place.

PSBank, as everyone’s “simpleng maaasahan bank” recognizes these aspirations in the lives of its customers—and purposefully presents solutions that allow it to be a reliable, consistent partner in the achievement of these important plans.

With its wide,

innovative, and secure range of banking services and products, PSBank ensures that excuses fly out of the window—surely, there is no better time to seize the moment and take the chance to live life to the fullest.

Check out these PSBank offerings today, and see how you can make 2020 your best year ever: PSBank ATM Savings – Grow your money and have the benefit of earning a fixed interest rate with a bank you can trust, as you work towards accomplishing your goals. Have the privilege of accessing your account anytime of the day via PSBank, Metrobank, and BancNet ATMs nationwide, as well as Mastercard ATMs worldwide.

PSBank Cardless Withdrawal – Forgot your ATM? PSBank assures you that you don’t have to worry about it, ever. With just a few taps on your smartphone, you’ll able to safely withdraw your hardearned cash from over 599 ATMs nationwide. That’s peace of mind—right in the palm of your hand.

PSBank Mobile Check Deposit – New year, new way of depositing checks.

No longer do you have to physically go to a bank to get them cleared. Now all you have to do is take a photo through PSBank’s Mobile App, and you’re all set.

PSBank PaSend – Sending cash is no longer a chore with this remittance service. For a very minimal transaction fee, you can easily send money to family, friends, and partners, anytime and anywhere—even to those who don’t have an account with the Bank.

The funds you send may be withdrawn 24/7 at any PSBank or Metrobank ATM. PSBank Time Deposit – Be more as you do more with your money. With PSBank’s Time Deposit offering, not only do you enjoy a low initial deposit amount, but you also gain profit in as fast as 30 days.

Talk to PSBank and we’ll help you understand and

manage your account as our firm commitment.

PSBank Auto Loan– Have you been eyeing a new car for your family or for yourself ? PSBank has got you completely covered. Offering competitive interest rates and a fast approval time, the Bank will surely make possible the deal you’ve been craving for. Enjoy the bank’s Prime Rebate feature when you avail its Auto Loan which lets you earn discounts on your loan when you make advance or excess payments on your monthly due.

PSBank Home Loan – Experience the family lifestyle you’ve been working so hard for this coming year through PSBank’s Home Loan.

Enjoy loan approval in as fast as 24 hours, with convenient terms, and even better rewards.

Benefit from Bank’s Prime Rebate feature—making the process of purchasing your new house even more fulfilling.

PSBank Personal Loan – This 2020, have the funds that will enable you to realize your travel and other life goals.

PSBank’s Flexi Personal Loan, which also comes with Prime Rebate, is a collateral-free personal loan product with a revolving credit line and a fixed-term loan. The product comes with an ATM card, allowing you access to day and night banking from PSBank ATMs nationwide.

PSBank Money Market Fund – Create new possibilities in the coming decade: instead of being just a depositor, be an investor! With PSBank’s Money Market Fund, the Bank’s first Unit Investment Trust Fund (UITF), you can have a team of experts closely manage your investment for a minimum of PhP 10K. These partners will choose from different lowrisk financial instruments to optimize your returns, giving you an affordable liquid investment option.

Now is the time to invest in your future!

PSBANK/PAGE 15