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Rehab planning TO better respond to natural calamities, such as Tropical Storm Vinta that devastated parts of Northern Mindanao last December, the local government units and other government agencies of Lanao del Norte conducted a rehabilitation planning workshop recently. Lanao del Norte was one of the provinces that suffered heavy casualties when Vinta hit the region last Dec. 22. Among the towns affected by the devastation brought by Vinta were Salvador, Lala, Munai, and Tubod, where over a hundred individuals were killed and thousands of families were displaced. (PNA)
Mining law revision THE country’s oldest business organization, the Chamber of Commerce of the Philippines Islands (CCPI), has sought sponsorship in Congress to amend mining laws. CCPI President Jose Luis Yulo Jr. told reporters on the sidelines of the Nordic Chamber of Commerce of the Philippines Wednesday that the current mining laws now need change, promoting mineral processing locally rather than exporting raw materials to neighboring countries like China and Japan. Yulo said the Chamber wanted a stop in the export of minerals like ore as raw materials. “We should only give the mine to people who will produce a factory and use the minerals that produced finished products,” he said.
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War-displaced families get transitional shelters M www.businessweekmindanao.com
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ARAWI City -- President Rodrigo Duterte on Tuesday led the distribution of 400 certificates of acceptance and occupancy of transitional shelters to residents left homeless by the five-month battle between government troops and local terrorist groups last year.
TRANSITIONAL SHELTERS. Displaced Marawi residents check the transitional shelters in Barangay Sagonsongan, Marawi City on Tuesday, January 30, which were later distributed to them by President Rodrigo Duterte. mindanews photo by froilan gallardo
Autonomous Region in Muslim Mindanao (ARMM) Governor Mujiv Hataman, together with national and local officials, witnessed the ceremony held at the site of the temporary resettlement in Barangay Sagonsongan here, some 4 km. away from the city proper.
Marcelino Escalada Jr., general manager of the National Housing Authority, in his report said a total of 1,149 families displaced by last year’s fighting were expected to transfer to the temporary shelters in March this year. shelters/PAGE 11
Duterte confirms gov’t to build another military camp in Marawi PRESIDENT Rodrigo Duterte has confirmed plans to put up a military camp in Marawi City. The planned camp will be established in a 10-hectare lot in Barangay Kapantaran,
where the old city hall complex is located, and will cost the government P400 million. Duterte said the government will compensate residents who will be affected
by the construction of the camp. “I’m planning to set a camp here, but I will pay you,” the President said during his visit to the temporary shelter site in Barangay Sagonsongan here on Tuesday, Jan. 30, confirms/PAGE 11
THE Cagayan de Oro Chapter of the People Management Association of the Philippines will induct its new officers for 2018 during its 134th General Membership Meeting and 41st Induction Ceremony today, February 2, at the
Sinamay Function Room of Seda Centrio. The whole day affair kicks off at 10AM with the Committee Membership to be presided by Membership Trustee Sheila May G. Pagente, followed by Events
Promotion presided over by PMAP-CDO Chapter Vice President Josette Mercedes B. Cellona. During the working lunch, 2017 Chapter President Vivien Lawansa will preside full story/PAGE 3
By GERRY LEE GORIT, Reporter
DARK MOON. Clouds spoil the view of a rare night spectacle — an eclipse during a super blue moon — on Wednesday, January 31, 2018 in Malaybalay City. By the time the moon had turned blood red due to refraction by sunlight, black clouds had already covered most of it. mindanews photo by h . marcos c . mordeno
Region XI targets P20.35B PMAP-CDO Chapter inducts new officers in tax collection for 2018 By ANTONIO L. COLINA IV, MindaNews
DAVAO City — The Bureau of Internal Revenue (BIR) in Davao Region is targeting to collect P20.35 billion in taxes by end of 2018. BIR regional director Nuzar Balatero told reporters
on Tuesday that the proposed 2018 target is higher by 11 percent compared with P18.1 billion in tax revenues collected in 2017. He s ai d t he bu re au collection/PAGE 11
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Economy 2 Butuan to ban use of plastics Gov’t starts to gain from cut in gold sales tax
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By Joann Villanueva
M
ANILA -Small-scale miners have started to again sell their gold produce to the government following the cut in creditable withholding tax (CWT) on gold sales from 5 percent to 1 percent. In a Viber message to reporters Thursday, Finance Secretary Carlos Dominguez III said it had been reported to him that around PHP1.5-million worth of gold was sold
to the Bangko Sentral ng Pilipinas (BSP) office in Baguio City in January 2018 alone from none at all since 2012. He said the cut in CWT was beneficial to small scale miners because they were given the correct assay for their gold unlike the risks when selling the item in the black market. The miners also save on transportation cost, he said. Miners from different parts of the country travel
to other areas just to sell their gold but with the cut in the CWT they do not have to travel far to sell their holdings because there are central bank offices in some of the country’s mining areas. “The advantage of the BSP is the use of pesos to buy gold, which is used as our international reserve,” Dominguez said. The central bank purchases gold from small-scale miners, among others, in line with Republic Act 7076, otherwise known as the People’s Small Scale
Mining Act of 1991. The gold is then refined into globally-accepted bullion sizes. The BSP has five goldbuying stations located in Quezon City and the cities of Baguio, Davao, Zamboanga and Naga. Aside from gain/PAGE 11
BUTUAN City -- Butuan City mayor Ronnie Vicente C. Lagnada has approved the ordinance that will regulate the use of plastics and plastic by-products in the city. SP Ordinance 53342017, which repealed the previous SP Ordinance 5064-2016, was principally authored by SP Environment Committee Chair and Councilor Cromwell P. Nortega together with Councilors Vincent Rizal C. Rosario and Derrick A. Plaza.
Under the ordinance, the following are the prohibited acts: • Use for plastic as packaging material and as container for dry goods; • Use of plastic pouches (commonly used for ice-making) and drinking straws for beverages, such as soft drinks like “palamig,” juice, “gulaman”, etc.; • Use of nonbiodegradable plastic bags as garbage bags; and • Use of plastic as ban/PAGE 11
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Miss Balingasag 2018 Jianne Paasa looks stunning in her festival attire during her coronation night recently. Balingasag is a booming municipality in Misamis Oriental under the stewardship of Mayor Marrietta Abogado. photo by ercel maandig
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PMAP-CDO Chapter inducts new officers
T
he Cagayan de Oro Chapter of the People Management Association of the Philippines will induct its new officers for 2018 during its 134th General Membership Meeting and 41st Induction Ceremony on Friday, February 2, 2018 at the Sinamay Function Room of Seda Centrio. The whole day affair kicks off at 10AM with the Committee Membership to be presided by Membership Trustee Sheila May G. Pagente, followed by Events Promotion presided over by PMAPCDO Chapter Vice President Josette Mercedes B. Cellona. During the working lunch, 2017 Chapter President Vivien Lawansa
will preside over the Awards of Recognition to be given to outstanding officers and members during the past year. Ms. Lawansa will likewise preside over the start of the business proper in her last official function as 2017 Chapter President with her welcome remarks and valedictory address, to be followed by the discharge of the 2017 officers and board of trustees. This will be immediately followed by the induction ceremony, starting with the presentation of the Council of Past Presidents, and presentation, charging and induction of the 2018 officers and trustees by 2017 Elecom Chair Eleno O. Buray,
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The 2017 PMAP-CDO Officers & Truestees with Inducting Officer 2017 National President Ramon B. Segismundo (PMAP photo)
Jr., PMAP Manila, and PMAP National President Michelle Garcia, respectively. This will be highlighted by the symbolic turnover of the chapter leadership from Ms. Lawansa to incoming 2018 Chapter President Soledad DL. Amir, who will then deliver her inaugural address. Ms. Garcia will deliver the keynote address as the guest of honor, to be followed by the induction of new committee chairs and their respective
members, and new chapter members by Ms. Amir. Incoming Secretary Gina Maris Libot will deliver the closing remarks after which Ms. Amir would formally close the business proper. The fellowship and raffle to be presided by 2018 Fellowship Trustee Anne Labuntog immediately follows. The 2018 PMAP Cagayan de Oro Chapter Officers are the following: Ma. Soledad DF. Amir, SPHR, FLMI, President
(Xavier University-Ateneo de Cagayan), Josette Mercedes B. Cellona, RN, Vice President (HealthCheck Clinic & Diagnostic Center ); Theo C. Galang, Treasurer (Intellicare); Gina Maris M. Libot, Secretary (Global Outsourcing Dynamics Business Solutions, Inc.). The Chapter Board of Trustees is composed of the following: Vivien M. Lawansa, MBA, LLB., Immediate Past President (A Brown Co., Inc.); Dulce Corazon D. Esperon, DM,
Copp Head ; (MINERGY, Inc.); Ma. Alva C. Espiritu (Del Monte Phils., Inc.); Sheila Mae G. Pagente (PHINMA-COC); and Harry R. Marte, Jr. (Liceo de Cagayan). Founded in 1977, PMAP considers itself to be the premier organization of HR Practitioners and People Managers in the Philippines. The CDO Chapter currently has 91 member companies in the construction, finance, retail, manufacturing and education sectors. (RMB)
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Ruffy magbanua Few things in the world are more powerful than a positive push. A world of optimism and hope. A ‘can do spirit’ when things are tough. --Richard M. DeVos F O R t h e nt h t i m e , Mindanaoans have been crying out loud for Imperial Manila to heed the call of
Member: Philippine Press Institute Oro Chamber
How to debate with your mate think a minute
jhan tiafau hurst Think a minute…A wise marriage counselor asks every couple wanting to get married if they have had a real argument yet. Often they answer: “Oh, no! We love each other. We never fight!” This marriage counselor tells every couple to fight first before they get married. He says that when couples disagree, they must learn to listen and understand each other’s feelings so they can solve their differences and forgive each other each time they disagree. A very important skill in building a happy marriage and life together is learning how to debate with your mate. But there are rules you must follow to have a fair, good debate, so you will still be close friends afterwards. First, before you start, both of you should agree to stick
only to that issue. Don’t bring up past problems and hurts. Second, remember that your goal is not to win the argument, but to understand each other’s feelings. In other words, TUNE IN. Really listen to what each other is thinking and feeling. Try to understand how you are causing them to feel hurt or wronged. Put yourself in their place and see things from their side. Remember, feelings are not right or wrong, but they are very real to your mate. So how your wife or husband feels should be important to you. Third, never argue and talk about personal, private matters in front of other people. Number four, stop the fight if either of you loses control of your anger or words. And the final rule on how to debate with your mate is TONE DOWN. This means we must try to stay calm, kind and gentle. They say that 90% of the tension and anger in families is caused by the wrong tone of voice. Many times it’s not what we say, but how we say it. What we say may be right, but how we say it is wrong. We need to kindly and gently say how we feel without attacking and debate/PAGE 11
gospel of growth with equity, Mindanao shall always be in the map of the forgotten and the abandoned. From developing the vast fertile lands to improving infrastructure facilities to providing jobs to the jobless, to uplifting health and education sectors, name it, these are what Mindanaoans, since time immemorial have been clamoring to high heavens to come down on them, sooner, not later. Mindanaoans like me (I was born and raised in M’lang, North Cotabato, Secretary Manny Pinol’s turf) hasn’t seen real progress per se. What we still have is a land of wars and conflict. A land being used as dumping site of scalawags of men
Angelina Domingo Mauricio, that this is precisely the standing right now of our daughter, Maria Luisa. Lui, as we call her, graduated from the UP College of Law in 2015, becoming a lawyer barely a year after in 2016. She remains with the Office of the Solicitor General (OSG), which took her in even before she became a full-pledged lawyer. In 2017, the OSG sent Lui to Washington D.C., USA, to gain expertise on “public private partnership” at the Institute of Public Private Partnership. Before this, also in 2017, she completed a cer t i f icate cou rse on international arbitration in New York, USA, sponsored by Columbia Law School. This 2018, under the blessings, guidance, and protection of Jesus, Lui was graciously admitted by Columbia for its 2018-2019 LL.M. (master of laws) Program. Indeed, thank God in the Name of Jesus, Amen! -ooo D O H A DV ERT ISE M EN TS MEANT TO BR IBE MEDIA? Is it not bribery by the Department of Health
(DOH), for all intents and purposes? I mean, the paid advertisements it has been airing in various media out lets which deal with met hod s by wh ich ou r countrymen can supposedly f i g ht d e n g u e or s ome other debilitating disease. Somet hing is def initely odd here, as t hese paid advertisements are being aired while the DOH is being subjected to harsh criticisms and biting commentaries from the public. Maybe, the legality and the need for these paid DOH advertisements are defensible, on the ground that there is a need to inform many of our countrymen on the steps they should undertake to prevent anyone of them from contracting diseases which are concededly spiraling out of control nowadays. Unfortunately, however, it cannot be denied that one obvious objective of the DOH advertisements is to soften (if not altogether stop) prejudicial news and commentaries about the Dengvaxia scandal that is rocking it at present. I believe there is a need for the DOH to let the people know how
in uniform, a land badly beaten by corrupt and abusive national government. This island being rich in natural resources makes the economy of Imperial Manila richer and in shape, thanks but no thanks to Mindanao’s fat contribution to the national coffer. While Mindanao holds an incredible wealth to brag about, yet it continues to spawn dark moments of truth. Mind anao is a lways beset with news about clan wars, religious overtones, terrorism, kidnappings by the dreaded abu sayyaf, piracy, political dynasties, corruption, poverty, regular clashes and killings are some of the worst scenes elsewhere in the island. emerging/PAGE 11
DOH advertisement meant to bribe media?
Kakampi mo ang batas
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economic equity (read: equal distribution of wealth) to regional growth centers like Cagayan de Oro and the rest of the island’s emerging key cities. But with an iota of doubt, Mindanao’s clarion call for economic prosperity may turn out doomed at the very start. No t u n t i l I m p e r i a l Manila’s superiority complex is squashed, the so-called emerging opportunities for Mindanao may come, but in trickles, and may be in measly drops of the manna from heaven, or just a slice of the country’s economic pie. Not until the national government shall be able to take cognition of its dismal failure to spread the
Batas Mauricio LIFE’S INSPIR ATIONS: “…`But you w ill receive power when the Holy Spirit descends upon you, and you will be my witnesses… up to the ends of the earth’…” (Jesus, our God and Savior, in Acts 1:8, the Holy Bible). -ooo THANK GOD IN THE NAME OF JESUS FOR LUI: According to the Book of the Law, anyone who unites with the Christ becomes a new creation---the old is gone, and the new has come. After uniting with the Christ, a man will receive power, so he can be a witness for Jesus in all the world. By the grace of our God and Savior whose Name is Jesus, I am convinced, and so is my wife, the former judge,
much has already been spent by it for these advertisements, especially because those funds came from the taxes paid by Filipinos taxpayers. -ooo A LOT OF FILIPINOS ARE NOW RESIDING ON STREETS: I have already tackled several times here at Kakampi Mo Ang Batas the problem of our countrymen who are using the sidewalks and other public places as their sleeping quarters and, for some of them, as their residence, in a bid to make the government look for solutions to the problem of poverty among many. Un for t u n at e ly t hou g h , government officials appear to have become, perhaps by choice, deaf and dumb and blind on the issue. The inability or failure of the government---whether national or local---to act on this by providing relief to our countrymen who are so poor they are incapacitated to have decent residential dwellings for themselves is puzzling, to say the least. The truth is that, there are hundreds of millions of pesos in the treasure chest of the bribe/PAGE 11
Love requires sacrifice hints and traces
roy cimagala We have to be clear about this. Love will always require sacrifice. Where there is no sacrifice, there cannot be love. Love grows only to the extent that we are willing to make sacrifices.Without sacrifice, we sooner or later will be swallowed up by our own egoism, our own selfishness. And this self ishness can take the form of laziness,attachment to certain
things to the point of selfabsorption, etc. We have to be ready to do battle against these anomalous tendencies. We s h o u l d a l w a y s remember that the essence of love isself-giving. In love, the lover needs to lose himself in his beloved.He has to be identified with his beloved. And this will always involve self-denial. The self-giving and losing that love requires would actually enrich the person in his dignity. This way of loving conforms to what Christ himself said: “Whoever would save his life will lose it, and whoever loses his life for my sake will find it.” (Mt 16,25) That’s why Christ himself said that if anyone wants to follow Him, that person has to deny himself andshould carr ythe cross also. Otherwise, he cannot love.
And true love is personified in Christ himself. In other words, we can only love truly when we identify ourselves with Christ who precisely commanded us to love one another as He has loved us. We have to understand that only inChrist would we manage to keep our love alive and vibrant, new and creative. It’s a love that is open to anything, and willing to go through all the challenges, trials, difficulties, etc. To be sure, Christ is not sparing in inspiring us with His love and in sharing His love with us. If we bother to be openourselves to Him, to love the way Christ has loved us should not be a problem. Christ makes himself and His ways of loving readily available to us. That is why we need to actively look for
Him, as He told us. “Ask and it will be given to you, seek and you will find…” (Mt 7,7) We need to see to it that everyday we pattern our love after Christ’s love for us that is so full of sacrifice that it went to the extent of offering His life for us. We can do this if we would always look for opportunities to make sacrifices by way of serving others the way they need to be served, unafraid of theinconveniences involved. We should never forget to deny ourselves in something every day if we want to keep our love alive. That self-denial should be inspired by Christ’s example. It should not be done simply for its ownsake, for the sake only of self-denial. That would dehumanize us. This distinction between a Christ-inspired self-denial sacrifice/PAGE 11
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DENR takes World Wetlands Day 2018 celebration to Tullahan River
T
o mark the celebration of World Wetlands Day (WWD) on February 2, the Department of Environment and Natural Resources (DENR) will reach out to communities near the Tullahan River to raise awareness of the value of preserving wetlands and their importance to ecosystems. The DENR, through its Biodiversity
Management Bureau (BMB), will take the WWD’s local celebration to two Quezon City barangays – Sta. Lucia and San Bartolome – where the agency will conduct an educational outreach activity consistent with the theme, “Wetlands for Sustainable Urban Future – Making Urban Cities Livable.” DENR Secretary Roy A. Cimatu
said the focus of this year’s celebration will be on enhancing the knowledge of communities about the conservation and preservation of wetlands and bodies of water situated in urban areas, and the Tullahan River is a fitting venue for the WWD event. “We at the DENR are reaching out to the two barangays near the Tullahan River because of
its relevance on their livelihood,” Cimatu said. “As one of the most polluted waterways in Metro Manila, the river deserves no less than to have reduced pollution for the benefit of the residents within the area.” A wetland is defined as land area that is saturated with water, either permanently or seasonally, and such that it takes on the characteristics of a distinct ecosystem. It also constitutes rivers and its tributaries, especially in urban areas such as Quezon City. The holding of educational outreach activity was proposed to the DENR by the Quezon City Environmental Protection and Waste Management Division and was coordinated by the BMB together
with the DENR- National Capital Regional Office. Representatives from the Society for Conservation of Philippine Wetlands will discuss the seven environmental principles, the BMB on the importance of urban wetlands, and the Mother Earth Foundation on zero-waste management during the learning activities to be held at the barangay halls of Sta. Lucia and San Bartolome. There will also be video presentations and group activities aimed at raising awareness on the importance of wetlands. At the end of the day-long event, the participants are expected to declare their commitment to protecting and conserving Tullahan River.
The Tullahan River is a part of the MalabonNavotas-TullahanTinajeros (MANATUTI) river system that spans 36.4 kilometers, from La Mesa Water Reservoir in Fairview, Quezon City, all the way to the mouth of Manila Bay at Centennial Park in Navotas City. WWD is celebrated every February 2, marking the date of adoption of the Ramsar Convention on Wetlands in 1971. The convention was named after the city of Ramsar in Iran, where it was adopted. Established to raise awareness about the value of wetlands for humanity and the planet, WWD was first celebrated in 1997 and has grown remarkably since then. In 2016, WWD was celebrated in at least 59 countries.
Newly-crowned Miss Igpit 2018 Angel Joy Tanya Setier (center) flanks with her court during their coronation moment last January 30. Igpit, a barangay in Opol, Misamis Oriental, is celebrating its yearly Candelaria fiesta celebration. photo by abegail baynosa
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Cebu Landmasters earmarks P379-M for VisMin projects
L
ISTED property developer Cebu Landmasters Inc. (CLI) on Tuesday said some PHP378.8 million, a part of the proceeds of its initial public offering (IPO) last June, had been allocated for the firm’s expansion in Visayas and Mindanao. The company told the local bourse its Board agreed to allot the amount for other land acquisitions and investments in these areas, which also included realized savings in the
purchase of properties in Cagayan de Oro City and Bogo City in Cebu. “CLI has been approached and is now in serious negotiation to redevelop a 16-hectare property near the Davao international airport,” it said. CLI said it was also part of a consortium proposing to convert into a masterplanned central business district the existing 22-hectare golf course and adjacent properties in Matina, Davao.
It noted two prime properties in Cebu City had also opened for acquisition after the IPO. “All of these projects present a unique, but opportune time for CLI to boost its prime landholdings without departing too far from its IPO disbursement schedule and ‘landbank lite’ strategy,” it said. The company further said it remained committed to pursue a hotel project in Mactan, Cebu and enter the
property market in Iloilo. CLI targeted to book PHP1.7 billion in profit and PHP5.3 billion in revenue this year. It will introduce to the market 20 new developments, among them two residential subdivisions, three residential condominiums, three offices, one hotel and one industrial park in Cebu, two residential condominiums and a hotel in Bacolod and a residential condominium in Iloilo. (PNA)
SL Agritech to undertake hybrid rice technology project in Lanao del Sur HYBRID RICE producer SL Agritech Corp. is looking to expand the local yield of hybrid rice produced in the province of Lanao del Sur, after allocating 50 hectares for two hybrid rice varieties. SL Agritech on Tuesday signed a memorandum of agreement with Lanao del Sur officials for a 50-hectare hybrid rice technology demonstration as part of rehabilitation efforts for Marawi City. SL Agritech Senior Technical and Promotion Consultant Frisco M. Malabanan said P1.65million project will help around 50 farmers in the nearby municipality of Bubong. “The [rice] yield from the area is only 3 metric tons (MT) to 3.5 MT per hectare. According to research, we are ranging from 7 MT
to 14 MT, following the recommended technology [for the hybrid rice],” he said on Tuesday. Seeds have already started to be sown in the area last Jan. 19. The 50 farmers have already undergone the necessary briefing and training — a move Mr. Malabanan said should also entice other farmers to switch to hybrid rice farming. “SL Agritech will provide the technology and production inputs. We have to link this to other agricultural product suppliers and trader millers so that when the palay is ready for harvesting, the trader miller will buy back the produce,” Mr. Malabanan said. Go Negosyo, an advocacy group that also signed the memorandum of agreement for the
project, will help ensure sustainable agribusiness in the region. Lanao del Sur provincial agriculturist Mohamadali D. Macaraya said the goal is to replicate the project in the surrounding areas, which will expand the covered area for hybrid rice to 1,000 hectares in the next planting season. Mr. Macaraya noted the region has 4,319 hectares but cannot be used due to the lack of proper irrigation. “We have plenty of rivers. Our [water] supply is more than enough but the problem is how to divert the canals from rivers to the field. We need the government to support us because this will help the people of Marawi City and Lanao del Sur,” he added. Mr. Macaraya said the
local government unit is requesting for funds to rehabilitate the postharvest facilities after most of these were destroyed during the five-month Marawi siege last year. If properly implemented, the hybrid rice project could provide employment to 50,000 people. “If we could introduce livelihood to the people, they will not have to think about resorting to criminality,” Mr. Macaraya said. Mr. Macaraya estimated that once Lanao del Sur adopts the hybrid rice, the fields could yield around 20 million to 30 million bags of palay annually. He noted this can reduce the region’s dependence on rice imports, given 80% of rice is imported to keep up with the demand.
Max’s to bring Pancake House to Saudi Arabia CASUAL dining chain operator Max’s Group Inc. (MGI) has signed an agreement with Jeddahbased Al-Bader National Establishment for RealEstate Development to put up 12 Pancake House stores in Saudi Arabia within the next five years. This is the first development agreement secured by MGI for 2018. “Our international business continues to build on its momentum sustained from last year. We are excited with the prospect of entering a familiar territory
this time around with another one of our loved brands,” Max’s Group, Inc. President and Chief Executive Officer Robert Trota told the local bourse. Jeddah-based Al-Bader National Establishment for RealEstate Development is primarily engaged in real estate trading, property development, commercial operations of shopping malls and furnished apartments. The company recently entered the food and beverage business by selectively partnering with reputable global
food names. It plans to invest in complementary industries, such as food and tourism. “We are excited to bring Pancake House to Saudi Arabia. We have been searching for a renowned brand to spearhead our venture into the food sector with the intention to deploy a substantial amount of investment. We find the brand’s assorted menu mix and all-day dining concept appealing to various demographic profiles,” said company chief executive officer Badr Hamdi Hamed Albalawi.
Pancake House currently operates seven overseas franchised outlets in Malaysia and United Arab Emirates. It plans to add at least two more branches in the United Arab Emirates and open its first store in Qatar in 2018. MGI is set to further accelerate international expansion activities with a target of 20 to 30 new outlets for 2018 primarily across core brands Max’s Restaurant, Pancake House and Yellow Cab Pizza. It aims to end the year with about 75 to 80 stores abroad. (PNA)
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CorporateWorld
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Tanleh Bldg. Abellanosa St., Consolacion, Cagayan de Oro City
When you’re in Davao City, Read:
HOTELS & RESORTS DIRECTORIES
VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com
THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180
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Banking&Finance
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friday|february 2, 2018
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
Manila-based metal band Valley of Chrome makes a pit stop at Subamos Bar and Restaurant in Cagayan de Oro City. Subamos is located inside Sports Zone. photo by mark francisco
BSP sees 3.4-4% inflation for January
H
IGHER oil and commodity prices are seen as upside risks for Philippines’ inflation rate in January 2018 and bring the rate between 3.5 and four percent. In a statement, the central bank said its Department of Economic Research considered the impact of higher fuel prices overseas
and weather-related disturbances in the country as factors that would push up prices. “In addition, higher excise taxes on fuel, sugar sweetened beverages with the implementation of the TRAIN (Tax Reform for Acceleration and Inclusion) this month, would lead to additional upward price pressures,” it said, referring to the
first package of the tax reform program that is being implemented starting Jan. 1 this year. “The increase in prices could be partly offset by lower electricity rates in Meralco-serviced areas for the month,” it added. The government has a two to four percent inflation target for 201719.
Last year, inflation averaged at 3.2 percent, higher than year-ago’s 1.8 percent rate but still within the government’s target range. Last December alone, inflation was flat at 3.3 percent but higher than year-ago’s 2.6 percent. Philippine monetary officials forecast this year’s inflation to average at 3.4 percent. (PNA)
SSS eyes April contribution hike THE Social Security System (SSS) is eyeing to raise monthly contributions starting April, which is expected to raise P45 billion in additional collections and extend its fund life by 12 years. SSS President and Chief Executive Officer Emmanuel F. Dooc said the pension firm has submitted a written request to President Rodrigo R. Duterte to issue an executive order that would raise the monthly contribution rate
to 14% starting April this year, coming from the current 11%. The official added that the request also covers their proposal to raise the minimum salary credit to P4,000 from P1,000, as well as the credit cap to P20,000 from P16,000 currently. “The combined results if we succeed in getting all these requests approved by the President is we will be able to collect more or less P45 billion in additional contribution revenues starting from April to end
of this year,” Mr. Dooc told reporters during a press briefing of the agency’s Sulit Conference 2018 at the Crowne Plaza Manila. Mr. Dooc said the letter was submitted to Finance Secretary Carlos G. Dominguez III last week, who has been reviewing the proposal before endorsing it to Mr. Duterte. After this, the Social Security Commission — the highest decision-making body in SSS — needs to adopt the order before it is implemented.
In January last year, Mr. Duterte approved a P2,000 across-the-board increase in monthly pensions for retired private sector workers. The first increase worth P1,000 has been already disbursed to pensioners in March 2017, while the second tranche is eyed by 2019. SSS intends to raise its contribution rate by 1.5 percentage points (ppt) on an annual basis until it reaches 17%. Their latest request involves adjusting the rate by three ppts to sss/PAGE 11
OFFICIALS of the Department of Finance (DOF) have postponed the submission of the proposed Package 2 plus, or reforms in the sin tax law, from end-January to mid-February as they continue to fine-tune the planned tax measure. “There will be a delay of about two weeks,” Finance Secretary Carlos Dominguez III told reporters in a Viber message Tuesday. Earlier, the finance chief said the planned
reform of taxes on cigarettes and alcohol products, along with those of mining, coal and casinos aimed to correct the law, citing that for one, a comprehensive review of the Sin Tax law was needed. In 2012, lawmakers approved the reform on the sin tax law, with excise tax on cigarettes alone hiked to P12 per pack effective 2013, P15 in 2014, P18 in 2015, P21 in 2016, and P30 in 2017. By 2018, tax rates on
cigarettes are mandated to increase by 4 percent every year through revenue regulations issued by the DOF Secretary. Dominguez, however, said that when the sin tax law was amended, taxes on alcoholic products were not fully reviewed, which were contrary to the original sin tax law. He also said that sin tax law reforms were part of the original Package 1 of the current administration’s tax reform program but was not
included in the approved measure. He also cited two bills pending at the Senate that aimed to increase excise taxes on cigarettes. These are the bills filed by Senator Manny Pacquiao, who wants to increase the cigarette tax from P30 per pack to PHP60 per pack, and hike annual excise tax from 4 percent to 9 percent; and that of Senator JV Ejercito, who wants to raise the tax to PHP90 per pack. (PNA)
DOF postpones filing of proposed sin tax reform
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SSS: 3% contribution rate hike proposal will address pension inequity Social Security Commission (SSC) Chairman Amado D. Valdez said the proposed three percent monthly contribution rate hike this year, from 11 to 14 percent, will level the difference in contribution rates of SSS and the Government Service Insurance System (GSIS). “We are pushing for a gradual increase in the contribution rate and monthly salary credit because we want pension equity among workers in the government and in the private sector. Government retirees have higher pension because their contribution rate is at 21 percent of their actual salary as compared with those working in the private sector, whose SSS contributions are only 11 percent of their salary capped at P16,000” said Valdez. Valdez cited as an example, that a private sector employee who earns P25,000 only contributes P1,760 based on a P16,000 maximum monthly salary credit (MSC) to SSS while a government employee who earns the same amount contributes P5,250 to GSIS. “This results in a
significant difference between the amount of pension being received by a private worker and a government employee. And this is what we want to address to make the pension of private workers at par with those in the government,” said Valdez. Valdez said SSS is proposing for the additional three percent to be shared equally by both the employer and employee, bringing the effective contribution rate at 8.87 percent for the employer and 5.13 percent for the employee. He added that SSS is also recommending to increase its minimum MSC from P1,000 to P4,000. The proposal to increase the minimum MSC to P4,000 and the maximum MSC to P20,000 along with the three percent contribution rate hike will increase the minimum and maximum contributions to P560 from P110, and to P2,800 from P1,760, respectively. “The increase in contribution is only about P450 for those who will pay at the minimum MSC of P4,000 while those earning at least P20,000 will only add P1,040 to their monthly
SSS contributions. We wish to thank in advance our employers who will share half of the increase in their employees’ SSS savings,” Valdez said. Majority of SSS members who pay at P10,000 MSC will have a corresponding increase of P300 in additional contribution under the proposed pension reform agenda. “Let us look at SSS not as an expense but as savings in times of financial contingencies and most especially for retirement,” Valdez said who clarified that the plan to increase the contribution rate and MSC can only be implemented by charter amendment or upon the issuance of an executive order from the Office of the President. SSS President and Chief Executive Officer Emmanuel F. Dooc said the contribution increase will translate to higher benefits for members and pensioners since benefit computation is based on the number of credited years and MSC. Dooc explained that under these reforms, the monthly pension of a member who retires with 35 paying years
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2017-382 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by BDO UNIBANK, INC., mortgagee, with principal office address at 10th Floor, BDO Corporate Center, 7899 Makati Avenue, Makati City, against SPS. JAIME ORAIZ, JR. & LUCENA G. ORAIZ, mortgagor/s, of legal age/s, Filipino/s with postal address at (1) 66 Consolacion Street, Cepalco Compound, Cagayan-de Oro City, (2) Lot 18032-G Cepalco Compound, Barangay Consolacion, Cagayan de Oro City, to satisfy the mortgaged indebtedness which was as of October 2, 2017 amounts to SEVEN HUNDRED FOURTEEN THOUSAND ONE HUNDRED SIXTY TWO PESOS AND 31/100 (P714,162.31) Philippine Currency including interest, penalty charges excluding attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on February 19, 2018, at 10:00 o’clock in the morning or soon thereafter at the RTC Branch 22 office, Hall of Justice, Fr. Mastersons Avenue corner Macapagal Road, Upper Carmen, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T-146146. A PARCEL OF LAND (Lot 18032-G plan (LRC) Psd-166289, being a portion of Lot 18032, Cag, Cad L.R.C. Record No. N-39923), situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao. Containing an area of ONE HUNDRED EIGHTY (180) square meters, more or less Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, January 8, 2018, FOR THE PROVINCIAL EX-OFFICIO SHERIFF: (SGD.) JOEL LYDVEL G. PAKINO
BWM: Jan. 19, 26 & Feb. 2, 2018
and P20,000 average MSC will be at P15,300; whereas under the current MSC ceiling of P16,000, they will receive a lower pension at P12,500. In addition, other benefits will consequently increase such as for maternity; by P10,400, from P41,600 to P52,000 for caesarian delivery, and by P8,000 from P32,000 to P40,000 for normal delivery. The daily maximum benefit for sickness will be computed at P600 per day from the current P480; and funeral benefits will increase from P29,600 to P32,000 for those who paid at least 120 contributions with an average MSC of P20,000. Dooc said they will appeal again to the Office of the President through the Department of Finance for approval of this plan for higher savings and benefits in SSS. He said if the proposed hike in contribution rate and MSC is implemented at the same time, the life of the pension fund will extend to 2044 from the current Fund life of 2032. DEED OF EXTRA-JUDICIAL SETTLEMENT WITH SALE Notice is hereby given that the decease SERGIO L. ONGCOY, left a parcel of conjugal land with his surviving wife, LEONARDA ONGCOY, described and bounded as follows: “A PARCEL OF AGRICULTURE LAND, (Lot No. 991-A, Psd-10-030723 (AR), being a portion of Lot 991, Bsd-7124), situated in Barangay Capihan, Municipality of Libona, Province of Bukidnon, Island of Mindanao , with and area of more or less TWENTY SIX THOUSAND FIVE HUNDRED TWENTY FOUR (26,524) SQUARE METERS; is the subject of DEED OF EXTRAJUDICIAL SETTLEMENT WITH SALE entered into by and between LEONARDA ONGCOY, widow, RONIE A. QUIJADA, ERMENIA O. POTINCHA, RODENIO ONGCOY, GRESILDA O. POTICHA, JULIETO ONGCOY and SANDRO ONGCOY, all married, of legal ages, Filipino, and residing at Capihan. Libona, Bukidnon, hereafter called the ADJUDICATORS-VENDORS and WENEFREDA A. MANGUBAT, also of legal age, FIlipina, widow and a resident of Salimbalan, Banngon, Bukidnon, hereinafter called the VENDEE; That for and in consideration of the sum of ONE HUNDRED THOUSAND PESOS (P100,000.00) Philippine Currency, in hand paid by VENDEE, receipt of which are hereby acknowledged by the herein ADJUDICATEVENDORS and to their complete satisfaction, they hereby SELL, TRANSFER and CONVEY to the VENDEE, WENEFREDA A. MANGUBAT, to her heirs and assigns, the above-described parcel of land, free from all liens and encumbrances whatsoever and hereby warrant and covenant to defend the rights conveyed against any and all just claim of any person whomsoever; Under Notary Public of ATTY. JULIANO C. LAVISORES; as Per Doc No. 32; Page No. 08; Book No. 90; Series of 2008. BWM: February 2, 9 & 16, 2018
0935 161 3398
856-3344 / 74-53-80
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FRiday|february 2, 2018
Shelters... from page 1
“The government will turn over 10 to 20 housing units every two weeks until we completely deliver the 1,149 units in March,” he said, adding that what they would be building at the site were not only houses but a community itself. The 11-hectare township will have school buildings, madrasah, hous es with kitchen and washroom, wet and dry market, mosque, water supply and a multipurpose hall. “We assure you that the government will always be there for the people of Marawi,” Duterte said. “Let’s build a community for our children.” The construction of the temporary shelters is part of Task Force Bangon Marawi’s recovery, reconstruction, and rehabilitation program for the city. “I am happy now that we have a new home,” Jariya Dia, recipient of a housing unit, said in the vernacular. “My only problem now is how to convince my children to come back here and live once more in Marawi.” Since the siege broke out, Dia and her five children stayed at an evacuation center in Iligan City. Her home was among those destroyed by the local terror group in Barangay Marinaut West – one of the villages inside ground zero. Marawi City Mayor Majul Gandamra, for his part, told constituents to stay strong and be united on the goal to help rebuild their beloved city. “Let us unite and help each other to raise up Marawi once more,” he said. On the same day, Hataman, together with Gandamra and Ayala Foundation President Ruel Maranan, visited the newly-inaugurated ‘Siyapen Center’, a community-based drug rehabilitation center. The center is a 70-bed, two-storey facility located in Barangay Poblacion. It will also serve as an economic hub for Marawi residents, especially those in need of short-term employment, or cash-for-work activity. Aside from the center, the Ayala Foundation has a cash-for-work project worth PHP3 million for livelihood. Hataman said that the Ayala Foundation had been a partner of the regional government, especially in two program areas - youth leadership and education. The regional government, he said, had earmarked funds to support appropriate assistance for the people of Marawi. Speaking to residents, the governor said, “Rest assured, the ARMM government will never leave behind Marawi.” (PR/BPI-ARMM)
Confirms... from page 1
referring to those who will potentially be uprooted once the construction of the camp will start. “ T h i s i s a m i l it a r y reser vation… Whatever they (AFP) take, we will pay.
Para walang gulo (to avoid trouble),” Duterte said. At present, Marawi has Campo Ranao, home of the Philippine Army’s 103rd Infantry Brigade, a unit of the 1st Infantry Division. Campo Ranao has been an essential military installation providing logistics and other support to the soldiers fighting the extremists at the height of the Marawi conflict last year, where thousands of residents were displaced and hundreds were killed. The reser vation was named after Pvt. Fernando Keithley, an American soldier killed by Moros in Marawin in 1903. It has since been renamed as Camp Amai Pakpak, a Maranao hero who died while resisting the Spanish colonizers in the early part of the 19th century. Maranao groups such as Tindeg Rano and Moro C ons ensus Group have questioned the government’s plan to set up a second military base in Marawi. The said most of the lots located inside the reservation, he added, had already been distributed to the Maranaos, who have been holders of legal land titles for decades, through the Department of Agrarian Reform and the Autonomous Region in Muslim Mindanao (ARMM) regional government. In a news report, Defense Sec. Delfin Lorenza said his office is reviewing the proposal of former Vice President Jejomar Binay to distribute portions of the military reservation to the occupants. Binay, former chair of the Housing and Urban Development Coordinating Council (HUDCC) during his term, said he received a petition from the residents of Marawi who are occupying parts of the reservation urging the government to transfer the ownership to them.
Collection... from page 1
collected P18.2 billion in the region last year, surpassing its P18.1 billion target by a slim margin. B a l atero s aid t arget collection has yet to be approved by the interagency Development Budget Coordination Committee (DBCC), composed of the Secretary of Budget and Ma n a g e m e nt a s c h a i r ; the Director-General of the National Economic Development Authority (NEDA) Secretariat as cochair; and the Executive S e cret ar y, S e cret ar y of Finance and the Governor of the Central Bank of the Philippines, as members. It’s the DBCC, which recommends to the President the level of annual government expenditures and the ceiling of government spending for economic and social development, national defense, and government debt ser vice; proper allocation of expenditures for each development activity between current operating expenditures and capital outlays; and amount set to be allocated for capital outlays
broken down into the various capital or infrastructure projects. Balatero urged business entities in the region to pay the correct taxes while, at the same time, warned erring taxpayers of closure through Oplan Kandado if they underdeclare their tax dues. He said there would be more businesses that will face closure in the coming days, following the closure of Café Demitasse, a homegrown coffee shop located on F. Torres St. in Davao City. Balatero said they need to step up their collections because these are necessary to fund the Duterte administration’s “Build. Build. Build” program, a fiveyear massive infrastructure initiative worth P8 trillion to P9 trillion. Under this program, the government lists down high impact projects envisioned to “increase the productive capacity of the economy, create jobs, increase incomes, strengthen the investment climate leading to sustained inclusive growth.” He a d d e d t he y w i l l train their inspectors in the region to crackdown on t ax p aye rs us ing an automate d suppression software installed on point of scale (POS) terminals after agency’s inspectors found establishments using the software to under-declare their sales. “It’s definitely fraudulent practice. We can file a criminal case or revoke their permits for using it,” he said.
Gain... from page 2
accumulating gold using peso instead of buying it overseas using dollars, the finance chief said the government also benefitted from the cut in CWT through the “collection of 1 percent withholding tax vs zero in the past.” In Nov e m b e r 2 0 1 7 , Dominguez signed a set of Revenue Regulations (RR) targeted to cut CWT to encourage more miners to sell their gold back to the BSP. Although the RR cut the CWT it kept the excise tax on gold sales at 2 percent. Earlier, Dominguez also disclosed a plan to work with Congress to institutionalize the RRs for these to be part of an amendment of the National Internal Revenue Code. (PNA)
Ban...
from page 2
flaglets and “banderitas” in all occasions. • Penalties, ranging from P500 to P5,000.00, will be prescribed for individuals and business establishments who will violate the ordinance. However, there will be a gradual phase-out on the use of plastics and plastic by-products for a period of three (3) to six (6) months after the effectivity of the ordinance. A one year gradual implementation will also be implemented. The use of eco-bags and other environment-friendly practices is also mandated under said ordinance. (Butuan City PIO/ PIA-Caraga)
Debate... from page 4
hurting each other with our words. In just one moment, our hurtful words can do years of damage. So why not ask Jesus Christ to take charge of your heart and marriage? He will help you start communicating with your mate both honestly and kindly. Then you will both win each debate, and only become happier, better friends. Just Think a Minute…
Sacrifice... from page 4
and a self-denial only for its own sake is important. When we find something required by love hard to do, all we need to do is go to Christ, asking for His help and grace.Thus, difficulties should be understood as an invitation to go to Christ, not to ignore Him and spend our time brooding uselessly. It would greatly help if we meditate on the very passion and death of Christ so that we can appreciate the necessity of sacrifice in loving. There Christ shows us how to love by suffering in obedience to His Father’s will. There we will find the true meaning of suffering and sacrifice and their intimate relation to love.
Emerging... from page 4
Along with these grim scenarios, the island stalks with hunger. Mindanao has the highest poverty incidence of 23 percent. But despite the corruption, threat, killings, and poverty Mindanaoans face, they remain to be strong people as it were. Sadly, all we hear for now are endless debates on Federalism, political alignments, fast-tracking of “build, build, build” in Metro Manila and elsewhere in Luzon, and all the fake news around. Emerging opportunities for Mindanao? Well, there is always that difficulty in every opportunity. But always the optimists, Mindanaoans see an opportunity in every difficulty. (ruffy44_ph2000@ yahoo.com)
Bribe... from page 4
Department of Social Welfare and Development precisely for this social malady. As wel l, t he sa me abundance of funds on the part of local government units for the alleviation of poverty in their localities c a n not be den ied . T he question is, to what are all of these money being devoted to? We should ask the DSWD Secretary about this (or, is there such a secretary today, and, if so, what is his/her name?), and even the mayors, especia l ly in t he Metro Manila area. Would they have a satisfactory answer here? -ooo FOR QU E STIONS, R EACTIONS: If anyone would like to ask me any question about what the burning issues of the day
mea n, or what we have discussed here, or to consult on any problem, whatever it maybe, please call 0917 984 24 68, or email me at batasmauricio@ ya hoo. com, or post your concerns at w w w. f a c e b o ok .c om / attybatas. Promise, I will answer right away. Thank God in the Name of Jesus, Amen!
SSS...
from page 8
cover the years 2017 and 2018. The state-run pension firm had asked Mr. Duterte to increase contribution rates last year, but was postponed so that it could be timed w it h t h e re du c t i on i n income tax rates for salaried workers. Currently, the 11% contribution rate is being shouldered by the employer (7.37%) and the employee (3.63%). The SSS is counting on Mr. Duterte’s issuance of an executive order as they await Congressional approval on
proposed amendments to the agency’s charter, which will effectively empower its Commission to increase contribution rates by itself. M r. D o o c s a i d a presidential decree would be the “faster way” to secure the contribution hike, as the proposed bill is yet to be tackled at the Senate. The official said the additional collections will prolong the fund life of the SSS, following the bigger benefits they have been paying out since last year. “We will increase the fund life from the current 2032 to I think 2044, which is even better than the previous fund life before we gave the first P1,000 tranche at 2042,” the SSS chief added. Mr. Dooc added that the additional P45 billion collections is still a rough estimate, as the figure could go higher should the SSS see more paying members and new employers. Ideally, the pension fund should last 70 years.
NEW LIGHT PAWNSHOP Main: Gen. Capistrano Neri St., Cagayan de Oro City Branch: Don S. Osmeña St., Fronting Public Market, Cagayan de Oro City NOTICE OF AUCTION Starting February 9, 2018 (Friday) at 8:30 A.M. to 5 P.M., this establishment will set an Auction Sale on all pledges since September 9, 2018. Patrons are enjoined to verify their receipts. MANAGEMENT PAHIBALO Sa Pebrero 9, 2018 ang (Byernes) sa may 8:30 A.M. sa buntag paingon sa alas 5:00 sa hapon, ang tanan nga penirenda nga wala ma lukat sa bulan sa Septembre 9, 2018 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo. ANG TAGDUMALA BWM feb. 2, 2018 GREAT VALUE SHOP V. Castro St., Carmen, Cagayan de Oro City NOTICE OF AUCTION Starting February 9, 2018 (Friday) at 8:30 A.M. to 5 P.M., this establishment will set an Auction Sale on all pledges since September 9, 2018. Patrons are enjoined to verify their receipts. MANAGEMENT PAHIBALO Sa Pebrero 9, 2017 ang (Byernes) sa may 8:30 A.M., sa buntag paingon sa alas 5:00 sa hapon, ang tanan nga penirenda nga wala ma lukat sa bulan sa Septembre9, 2017 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo. ANG TAGDUMALA BWM feb. 2, 2018
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friday|february 2, 2018