BusinessWeek Mindanao (July 11, 2016)

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Briefly Sugarcane congress DIGOS City -- In a bid to combat child labor in the supply chains, the Department of Labor and Employment XI- Davao del Sur Field Office (DOLE-DSFO) recently conducted the very first Sugar Cane Workers Congress in the locality.

The activity was held last June 14, 2016 at Arnaldo’s Hotel and Restaurant.

Gathering sugar cane workers from the different associations, the activity aimed to educate them on the prevalence of child labor in their industry and solicit their commitment in its elimination.

Pursuit for peace PRESIDENTIAL Adviser on the Peace Process Jesus Dureza emphasized to continue previous commitments, including the implementation of signed agreements from past administrations, in pursuing peace and development in the country.

“There will be a change of command but let me assure everyone that there will be no transition as they use to call it. We would like to use the word ‘continuity’,” Dureza said during the formal turnover ceremony of the Office of the Presidential Adviser on the Peace Process (OPAPP) to its new chief on Monday, July 4.

“We build on every brick on the ground. There is so much that has been done already.”

Dureza added. “The message is continuity, and this is for the Filipino people. Enabling peace is a work for a lifetime.

It is a continuous work.”

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Duterte vows support for ARMM eco growth www.businessweekmindanao.com

Monday | July 11, 2016

P15.00

By ANTONIO L. COLINA IV, MindaNews

AboitizPower to push back geothermal, coal projects

D

AVAO C ity -- President Rodrigo Duterte vowe d to pour more support in the five-province, two-city Autonomous Region in Muslim Mindanao (ARMM) which has the highest poverty incidence among 16 regions in the country based on the 2015 report of the National AntiPoverty Commission (NAPC). growth/PAGE 11

By CARMELITO Q. FRANCISCO, Correspondent

DEVELOPMENT FOR ARMM. President Rodrigo Duterte at the Mindanao Hariraya Eid’l Fitr 2016 in Davao City on Friday. PPD/ Cado Niñal

THE Aboitiz Power Corp. has shelved plans to set up a geothermal plant as well as the expansion of its 300-megawatt coal-fired power plant at the boundaries of the city and Davao del Sur. While not directly explaining why the plans were pushed back for another time, first Vice-President for Mindanao Manuel M. projects/PAGE 11

Robredo: arms to farms project gaining headway

By GERRY LEE GORIT, Reporter

Vice President Leni Robredo in Kauswagan, Lanao del Norte. (Photo by GERRY L. GORIT)

KAUSWAGAN, Lanao del Norte -- Vice Pres. Leni Robredo set foot in two Lanao provinces Thursday last week, her first in Mindanao after swearing in as the country’s second highest leader.

Robredo first dropped by in Marawi City Thursday morning to personally thank her supporters and then proceeded to Kauswagan, Lanao del Norte to talk with former members of Moro

rebel groups who are now farmers through the LGU’s arms-to-farms program.

Initiated by Kauswagan mayor Rommel Arnado, the arms-to-farms program was designed to promote peace in Mindanao and to empower the MILF and MNLF fighters to become food producers.

In the past years, Kauswagan has been one of the areas affected by robredo/PAGE 11

HARD LIFE. A farmer transports coco lumber from his farm.

This mode of transportation is still common in Kauswagan town, Lanao del Norte. (PHOTO BY GERRY LEE GORIT)

Pres. Duterte’s first Moro appointee to head TESDA DAVAO City -- The first Moro appointee of President Rodrigo Duterte is a Maranao

from Marantao in Lanao del Sur, lawyer Guiling A. tesda/PAGE 11

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Economy

DOLE, sugar industry meet in Bukidnon

M

A L AY B A L AY City -- The Department of Labor and Employment conducted its 2nd Quarter District Tripartite Council (DTC) me eting w ith the different se ctorial repres entatives in the sugarcane industry on July 5, 2016 in Valencia City, Bukidnon.

D OL E - 1 0 Bu k i d n on Prov i nc i a l F i el d O f fc e Head R aul L. Valmores said that DTC is required

to conduct quarterly meetings ever y year, as mandated by Department Order No. 114-11. “Every quarter the council tackles various agenda and issues concerning the sugarcane industry,” he said.

“DTC is composed of the different sectorial representatives of the sugar industry, such as the mill s e c tor re pre s e nt at ive s , mill worker sector representatives, planter sector representatives, and

the field worker sector representatives,” Valmores said.

DOLE-10 Regional Director and DTC Chairman Raymundo G. Agravante fully supports the endeavors of the Council, as mandated under Republic Act No. 6982 signed last 1 May 1991 in strengthening the Sugar Industry and providing the necessary mechanisms in its implementation and other purposes of the program.

Valmores further said,

“ F o r t h e q u a r t e r, t h e Council will resolve issues on Unclaimed Cash Bonus Funds as of 2nd Quarter of 2016; Maternity and Death Benefit Monthly Summary Reports as of 2nd Quarter of 2016; D.O. 158 Guidelines on the Implementing Educational Assist ance Program for Sugar Workers and their Dependents; and the CBF bank remittances from mills. (Reyna L. Tagailo, LEO III/DOLE-X/Bukidnon Provincial Field Office)

HIV rate in Caraga on the rise BUTUAN City -- As per latest National Epidemiology Centrex update, Caraga region now has 268 HIV cases in total based from the first diagnosed cases in 1995 up to May 2016 and still on its running count.

“The Philippines and C araga Human Immunodeficiency virus

(HIV) Registry has reported an increase of such cases in the recent years. The strateg y to address the epidemic is reflected in the 5th Acquired Immune Deficiency Syndrome ( A I D S ) Me d i u m Te r m Development Plan (MTDP) to ensure that the health sector’s program is aligned

with the Universal Health Care Framework and 5th AMTDP),” said officerin-charge of Butuan City Health Office Joyce Hidalgo, MD. According to her, the city is the top most contributor in the region with 100 cases.

“The Department of Health, a l ong w it h it s p ar t ne r

stakeholders, should not lay passive on this matter,” said Hidalgo. With this, the Department of Health (DOH) Caraga – HIV and AIDS Program will conduct an HIV AIDS Core Team (HACT) meeting on July 8, 2016 at t he Luciana Cinvention Center, here.

(VLG/PIA-Caraga)

Despite rains, some provinces still likely on drought forecast DAVAO City -- Despite the onset of rains, some provinces in Mindanao are still listed as likely to experience drought by end of July.

According to PAGASA (Philippine Atmospheric, Geophysical and Astronomical Services Administration) forecast the provinces of Davao del Sur, South Cotabato, North

Cotabato, Sarangani, Sulu and Tawi-Tawi will still be on drought.

Drought is defined as three consecutive months of way below normal rainfall condition (more than 60% reduction from average rainfall.

Guesting on Kapihan sa Philippine Information Agency media forum at the PIA-XI office

in Davao City last July 1, Raul Montilla, weather observer of the PAGASA Davao Station, El Nino is in its neutral stage.

Montilla said the recent rains and cloudiness is brought about by the presence of the Intertropical Convergence Zone (ICTZ).

However they are monitoring for the onset of La Nina, a weather

phenomenon characterized by unusually cool ocean surface temperatures in the central and eastern tropical Pacific.

Opposite of El Nino which brings below normal rainfall conditions. La Nina will be marked by above normal rainfall.

The effect of La Nina is the occurence of landslides and flash floods. (PIA/RG Alama)

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“CHED Oks TUITION HIKE FOR 304 PRIVATE UNIVERSITIES, COLLEGES” Mrs. Brenda S. Pamisa, Teacher III Grade 6-Faith Adviser Mambayaan ES, North District Balingasag, Misamis Oriental The Commission on Higher Education (CHED) on Thursday said that it has approved the application of 304 private universities and colleges to raise their tuition and other school fees for the academic year of 20162017. These figures were lower compared to what the higher education body approved last year. In 2015, CHED approved the application of 313 universities and colleges. Relative thereto, militant students rally outside the Commission on Higher Education in UP Diliman, Quezon City in protest against the increase of tuition and school fees for the coming school year.

“DEP Ed AIMS TO FEED 2-M WASTED SCHOOL KIDS” Mrs. Brenda S. Pamisa, Teacher III Grade 6-Faith Adviser Mambayaan ES, North District Balingasag, Misamis Oriental The Department of Education (DEP Ed) has approved this month the implementation of the School Based Feeding Program (SBFP) which aims to benefit nearly 2-M malnourished and underfed school children this year.

Last year’s SBFP targeted 532,752 severely wasted and 627,403 wasted students in public schools nationwide. Wasting is described by the United Nations Children’s Fund (UNICEF) as low weight for height resulting from acute significant food shortage or disease. According to a June 29 DEP Ed order, this year’s SBFP aims to nourish and inculcate positive health values and habits on 533,435 severely wasted and 1,385,039 wasted kindergarten to Grade 6 pupils in all public schools nationwide.

“GULAYAN SA PAARALAN TO COMPLEMENT SBFP ” Mrs. Brenda S. Pamisa, Teacher III Grade 6-Faith Adviser Mambayaan ES, North District Balingasag, Misamis Oriental Gulayan sa Paaralan is one of the various projects and programs of the Department of Education (DEPed) aims primarily to improve the nutritional status of the beneficiaries by at least 70% at the end of 120 feeding days of the School Based Feeding Program (SBFP). It also aims to increase school attendance by 85% Under the Department’s order, it directed all schools to set up and maintain the Gulayan sa Paaralan (School Vegetable Garden) Program as source of ingredients for the SBFP.

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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The End of the World Think a minute…Recently the biggest-selling book in America was about the end of the world. Sometimes watching the world’s news is like watching a horror movie, isn’t it? You know that the 20th century had more people killed in wars than all the other centuries of history combined! Besides all the wars, we’re seeing an increase in many kinds of natural disasters like earthquakes, floods, and hurricanes; plus totally new weather patterns that never existed before such as El Nino and La Nina.

T h e n , t h e re are t h e terrible diseases, plagues, and new mystery viruses.

AIDS, the worst disease in history, is killing millions of people worldwide with still no cure in sight! In Africa, entire towns have no adults because they’ve all died from AIDS, so just babies and children are left to survive alone. According to a new United Nations report, we now have the worst world hunger and famine in history. Hundreds of millions are starving with countless thousands dying every day.

You know that Jesus Christ told us that all these things would happen and

THINK

A Minute

Jhan Tiafau Hurst that they’re like labor pains just before a mother gives birth. These terrible things are the sign that He’s getting ready to come back. Only this time, He’s coming to judge all this world’s evil and wrong. Jesus said we can’t know the exact day of His return, so it will be sudden and here before we know it. But Jesus explained it’s because He loves us so much that He’s waited as long as He can for more of us to choose to receive His gift of forgiveness and eternal life, before it’s too late! But if you know the world’s Judge personally as your friend, then His return is good news because you’re going home with Him to live forever in paradise, just as He promised. hurst/PAGE 11

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Hitting the ground running S o f ar, Pre s i d e nt R o dy Duterte seems to be doing almost everything right.

P r i or t o a s s u m i n g t h e presidency last June 30, h e c o nv e n e d t h e t w o day Mindanao business summit where he laid out his economic agenda.

The plan drew praises from the business c om mu n it y, e ve n f rom some of his pre-election critics.

On inauguration day, he delivered what I consider one of the best Philippine inaugural speeches ever.

Short but packing a lot of punch. Change is coming but “in order to be significant, it must start with us and in us.”

He acknowledged the presence of his mentor, former President Fidel V. Ramos, who, he explained in later interviews, was the very first leader to travel to Mindanao to convince him to run for President.

He explained the guiding philosophies o f h i s a d m i n i s t r at i o n , directly quoting from his role models in governance, Pre s i d e nt s Fr an k l i n D. Roosevelt and Abraham Lincoln.

He reiterated his wars against corruption, criminality and drugs – all symptoms of a deeper malaise which is the erosion of faith and trust in government’s capacity to serve the people.

He called on those in gove r n me nt to c ut re d tape and stop bending or changing the rules in the middle of the game.

At the end of his speech, he immediately inducted into office the incoming members of the cabinet.

Within the day, he convened the first cabinet meeting where each was given presidential marching orders. I understand he will also be convening very soon the first LegislativeExecutive Advisory Council (or LEDAC) to discuss his legislative agenda.

In the evening, President Rody spent time with the p e o p l e o f Is l a P u t t i n g Bato, in Tondo. During the campaign, he told the crowd, he made them a lot of promises. He has come back to tell them that he will make good on all of those promises.

The following day, the newly-sworn in officials under President Duterte assumed their offices eager to come up, in Finance S e c r e t a r y D o m i n g u e z’ words, with creative solutions towards nationbuilding. The economic managers, for instance, are unanimous in their plan to spend resources in much needed programs, especially infrastructure – in stark contrast to the under-spending in the last two years of the Aquino administration.

In the Bureau of Internal Revenue, it is back to basics for C ommissioner Billy D u lay. No g if ts ple as e.

The “no gifts policy” has long been in the books for public servants. But it has become practically a dead letter because of years of non-observance.

From all walks came v ar i ous c om mon - s e ns e solutions to some of our problems: Eg. 1.) To ease traffic congestion, enforce a 24 hour work shift in public works projects. 2. ) To reduce absenteeism in Congress, enforce a no work-no pay policy.

So far, the campaign against drugs is very much on track. As President Rody promised, the fight will be relentless and it will be sustained. Pushers and users surrendered in droves in various parts of the countr y. During its first week, the government scored two big hauls of shabu (one in Cagayan, another in Las PinasParanaque) worth billions of p es os. As promis e d, President Rody even publicly named 5 police generals allegedly coddling drug dealers.

I just beg to disagree with the pronouncement of PNP Chief “Bato” de la Rosa that cops involved in drugs would be sent to Sulu. That is just like sweeping the dust under the r ug or transferring

SPEAKING

O ut

Ignacio Bunye the problem from point of or ig in to Sulu. The problem must be stopped right at the roots. Punish t hem and shame t hem, if “Bato” must, but this must be done right at the communities where the alleged offenses occurred.

T he b e tte r to s e r ve it s purpose as a deterrent to would-be offenders.

Assigning the rotten eggs to Sulu will be an utter disservice to our brave and loyal men and women in uniform who have paid the ultimate sacrifice in Su lu a n d e l s e w h e re i n Mindanao. We send our best out there, not drug addicts or drug protectors.

Ser ving in Mindanao should b e considered a b adge of courage. This badge should never ever be tainted with shame.

Note: You may email us at totingbunye2000@gmail. com. You may also “Like” us on Facebook: “Speaking Out”.

I support Digong’s drugs campaign, but...

LIFE’S INSPIRATIONS: “… I b ow b e fore y ou r holy Temple as I worship.

I prais e your name for your unfailing love and faithfulness; for your promises are backed by all the honor of your name…”

(Psalm 138:2, the Holy Bible).

-ooo I SUPPORT DIGONG’S D R U G S C A M PA I G N , BUT…: Let me make myself cl e ar : I am i n supp or t o f P r e s i d e nt D u t e r t e’s campaign to rid this country of illegal drugs.

True enough, illegal drugs make our people commit the most heinous of crimes.

And the funny thing about it is t hat, illegal dr ugs proliferate because there are millions of Filipinos who buy them, even if they are already dirt poor.

But then, Duterte must take into account the truth that the fight against illegal drugs could not be won on the basis merely of killing the small-time drug pushers, or of shaming, or even prosecuting, the generals and their protectors. Yes, fear maybe installed in the hearts of criminals dealing with drugs for a while, but, sooner or later, they will find ways to push their wares once again!

With due respect, the real battle against drugs, or any

other form of criminality for that matter, is in truly transforming the hearts and minds of our people.

We should take our people away from evil thoughts and desires, which are easy prey for drugs and crime syndicates. We should teach them to love and fear God at all times, through His Word, whether it is called the Bible, or the Koran, or by any other name.

-ooo FILIPINOS NO LONGER TRULY FEAR AND LOVE GOD: The truth is that, many of our countrymen have become capable of committing even the most dastardly offense---raping one year old babies and even octogenarian women, and killing fellow Filipinos for a measly amount, among others---because they no longer have the love and fear of God in their hearts.

Many may argue that there are more comp el ling re as ons for this phenomenon of rising criminality among many of us, like poverty, graft and corruption among our officials that translate into minimized or eliminated opportunities for a better life, and immorality that s e e ms to h ave b e c om e the rule rather than the exception in our day-today lives.

And this could be true.

But then, we have to ask: why is there poverty? Why is there graft and corruption among our government and political leaders?

Why is immorality now so prevalent among many nowadays? The answer is, we no longer have fear and love of God in our hearts and minds.

-ooo READ AND OBEY, FOR TRUE CHANGE: How did Filipinos lose their fear and love of God? There are many reasons for this but, as far as I am concerned, the greatest reason is the fact that we no longer know who God is, and what He can truly do for, or to, all of us. We no longer know that if we listen to, and obey, His commands, his blessings, guidance, and protection will come upon us.

We no longer know that if we no longer listen to, nor obey, His commands, God’s curses will overtake and devastate us, and transform all of us into criminals, whether of the more public kind like the drug pushers and the killers on the loose, or of the “closet” kind who plunder and steal, or engage in adulter y, most often secretly.

How did it happen that we no longer know these

K akampi

Mo A ng Batas

Atty. Batas Mauricio things? Simply b ecaus e we no longer re ad and study His Holy B ook--the Bible for Christians, the Koran for Muslims--in the way that this Holy Book should be read and studied, constraining us to either fail to obey or outrightly disobey what is written therein. We should read and obey, if we want true change to come!

-ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 H O U R S a d a y, i n t h e Philippines and the world at w w w. f a c e b o o k . c om / angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

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CorporateWorld

Phoenix Petroleum reissues commercial paper

P

HOENIX Petroleum Ph i l ippi n e s , In c . h a s re - i s su e d it s P1.1082 billion short-term commercial paper with a maturity of six months (or until Jan. 4, 2017), the listed oil company told the stock exchange on Friday.

The 180-day paper bears an interest rate of 4% and comes after its previous issuance matured on April 13, 2016, the independent oil company told the Philippine Dealing & Exchange Corp., which provides the trading infrastructure for fixed-income and foreign exchange.

In a text message, Raymond T. Zorilla, Phoenix

Petroleum vice-president for external affairs, said the proceeds of the debt securities would be used “for working capital in lieu of more expensive bank lines.” He added that the commercial paper “was effectively a renewal of the facility that expired.”

During its maiden issuance in 2014, Phoenix Petroleum described its securities as two times oversubscribed after the “remarkable performance” of the company. At that time, it offered P2 billion, which was renewed and re-issued in 2015.

In the first quarter of 2016, Phoenix Petroleum

reported an 11% increase in net income to P255 million as sales of petroleum products expanded by 56% driven by the strong performance of its retail and commercial business segments.

Retail sales rose by 22% because of the expansion of its station network and improvements in same-store sales. It opened 14 stations during quarter, bringing the total to 468 from the yearend count of 454 stations.

Commercial papers are usually unsecured, thus only firms with good credit standing can successfully sell them.

Mr. Z orilla said the company’s issuances were

Japan’s JGC wins bid to build Sarangani coal-plant ALSONS CONSOLIDATED Resources, Inc. has awarded to the local unit of Japanese company JGC Corp. the contract to build the second phase of the Sarangani coal-fired power plant it is developing with Toyota Tsusho Corp.

JGC Philippines, Inc. cl i nche d “a lu mp su m turnkey basis contract” for the project in Maasim, Sarangani province, JGC said in a press release posted on its Web site on Thursday.

Tirso G. Santillan, Jr., Als ons exe c ut ive vicepresident, confirmed the awarding of the contract, which covers the engineering, procurement, construction and commissioning (EPCC) services for the 105-megawatt (MW) plant.

The unit is the second half of the 210-MW project

being undertaken by Alsons subsidiary Sarangani Energy Corp. In April, the first 105MW section of the plant began operating. It provides baseload power to more than 3 million residents of the province, General Santos City and other key areas of Mindanao.

“The project is scheduled for completion in April, 2019,” JGC said.

When it reaches full capacity, which Alsons previously said would be in 2018, the plant will be able to serve more than 6 million people around its service area.

Alsons has said that the $570-million power plant was the “single largest investment” in Sarangani and the whole of Soccsksargen or Region 12.

Alsons holds 75% of

the subscribed capital of Sarangani Energy, while Toyota Tsusho owns the rest.

“The plant is located in the province of Sarangani, about 1,100 km south of Manila, and the electric power generated is intended to serve the needs of the province, including its major city of General Santos, thereby increasing the potential for industrial growth in the province and contributing to an improved standard of living for the population,” JGC said.

“Wit h a g row ing p opu l at i on and ste a dy e c o n o m i c g row t h , t h e Philippines is facing an increasing demand for electric power, and this situation is of particular concern on the island of Mindanao, where the shortage of power has been especially severe,” it bid/PAGE 10

“always oversubscribed in the past,” adding that Phoenix Petroleum is the only local company offering these securities.

Also yesterday, Phoenix Petroleum told the stock exchange that it had b ou g ht 2 2 8 , 4 0 0 share s priced between P6.10 and P6.20 each. The purchases happened in four tranches and were done as part of the company’s share buyback program.

Since the start of June, t he comp any has b e en buying back its shares and has reduced the number of outstanding shares t o 1 , 4 2 2 , 9 0 0 , 3 3 2 f rom 1,428,777,232 on June 1.

Century Pacific raises P2.6-B via equity placement CENTURY Pacific Group Inc. (CPGI), the parent company of the country’s leading canned food producer Century Pacific Food Inc. (CNPF), has raised P2.6 billion from a secondary equity placement at a price of P22 per share.

CNPF told the local bourse the transaction was conducted to broaden its shareholder base and is in response to demand from global institutional investors for additional shares and improved trading liquidity.

The sale shares represented about 5 percent of CNPF’s total issued and outstanding stock, effectively increasing its public free float from 16 percent to 21 percent.

The deal was done via an overnight book built offering raises/PAGE 10

Safer way of killing Mosquitoes Sprays and aerosols are widely used in killing mosquitoes and insects inside our homes, but most of these products are known to cause harm in our health. One product that can surely give you a safer way of killing mosquitoes is Strike Multi-Insect Killer Spray.

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BusinessWeek MINDANAO

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Senate seeks lower income tax, VAT exemption for small businesses

S

ENATOR Paolo Benigno “B am” Aqu i n o I V h a s filed a bill providing small businesses with lower income tax rate, value-added tax (VAT) exemption and other privileges to further stimulate growth in the country.

Under his Senate Bill No. 169, or the Small Business Tax Reform Act, Aquino said all small

businesses shall be exempt from payment of income tax for the first three years of its operation from date of establishment and will be subjected to lower income tax rates thereafter.

As defined in the bill, small businesses are micro and small enterprises whose annual gross revenue does not exceed P50 million.

“This bill also proposes the lowering of the income tax rate for MSEs and an exemption from VAT, among other methods of stimulating growth in MSEs as opposed to hindering it,” Aquino said.

The measure also pushes for simpler bookkeeping, a special lane and assistance desk for Small and Medium Enterprises (SMEs),

exemption from tax audit, annual filing of returns, and payment in installment.

The senator stressed the need for a simpler taxation, saying a joint study by PWC and the World Bank, Paying Taxes 2016, placed the Philippines 126th out of 189 economies in Ease of Paying Taxes.

“This must change, which is why we are asserting the Small

Business Tax Reform Act as a measure to simplify tax procedures and unburden our small businesses of the complex tax process,” he said.

By streamlining the country’s tax system, Aquino said it will boost the chances of our local enterprises to succeed and, in turn, generate prosperity and livelihood for more and more Filipino families.

BPI fully migrates credit cards to EMV AYALA-LED Bank of the Philippine Islands (BPI) has completed the migration of its credit cards to Europay MasterCard visa (EMV) chip technology.

T he c ou nt r y ’s t h i rd largest bank has 1.3 million credit cards in circulation, BPI Cards Vice President Jenelyn Z. Lacerna said in a chance interview at the bank’s Travel Expo in Manila on Friday.

The banking industry must beat a January 2017

deadline to upgrade their information technolog y (IT) operations and replace their old ATMs with ones compatible with EMV chipenabled cards.

“We are already done shifting all our credit cards to EMV,” Ms. Lacerna said.

“Our credit card base is around 1.3 million,” she added.

T h e B S P Mo n e t a r y B o ard i n Au g u st 2 0 1 3 approve d an en hanc e d Information Technology

Risk Management (ITRM) framework that requires Philippine banks to eventually shift to EMV, which is a notch above the presently ubiquitous magnetic stripe technology when it comes to security.

BSP-super vised institutions must “shift from magnetic stripe technology to more secure EMV chipenabled cards by 1 January 2017,” the regulator said then.

An EMV chip-enabled

card has additional security layers besides the magnetic stripe. The chip can prevent the transfer of data through skimming, a scheme employed by criminals to copy information from a card. It also has greater data storage capacity compared to the magnetic stripe.

All of these required technological upgrades under t he BSP’s ITRM framework “is expected to strengthen management of risks, security of operations

and governance on IT-related activities, as well as reinforce regulations on consumer protection on electronic products and service by tackling the growing number of new and sophisticated technological threats,” it had said.

BPI is also in the process of securing its debit cards with EMV in compliance with stricter regulations aimed at beefing up the security features of automated teller machines to step up guards

against credit card fraud.

T he Ay a l a - l e d b an k raked in P18.04 billion in net income last year as its main businesses continued to expand.

In the f irst quar ter, the listed lender reported a net income of P4.98billion, up by 1.3% from the P4.92 billion earned during the same period in 2015 on strong results from its core lending business, non-interest income, and securities trading.

THE Philippine peso ended the week weaker against the greenback on Federal Reserve’s dovish stance and ahead of the release of US’ June non-farm payrolls report later in the day.

It shed P0.12 to close at 47.12 from 47.00 Thursday.

A trader said investors were on the look-out for the payrolls report after only 38,000 new jobs were added in the US last May.

The dovish stance of the Fed, as shown in the minutes of the Federal Open Market Committee (FOMC) meeting last June that was released this week, was also a factor since investors would have an idea on the path of the Fed rates, a trader said.

Concerns on Fed rates along with global economic developments resulted in the weaker opening of the local

currency at 47.10 from the 47.03 a day ago.

It traded between a close range of 47.13 and 47.06 resulting to an average of 47.09.

Volume of trade reached USD 354.5 million, lower than the USD 570.9 million Thursday.

The currency pair is seen to trade between 47.00 and 47.30 next week. (PNA)

Peso ends weaker vs. dollar ahead of US non-farm payrolls report

VISIT OUR WEB PORTAL Ton Escol, lead dancer of RealBrox Cdo, is captured in a mirror reflection teaching budding hiphoppers the basic in the genre at a dance studio in Cagayan de Oro City. RealBrox CDO will be competing in the World Supremacy Battlegrounds this September 9 to 12, 2016 in Sydney, Australia. PHOTO BY Mark Francisco

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Corporate events

Fighting corruption seen to lower cost of doing business monday | july 11, 2016

E

X P ORT E R S h av e lauded the new a d m i n i s t r a t i o n’s measures to tackle corruption in government aggressively which could lower the cost of doing business in the country.

New Bureau of Internal Revenue (BIR) Commissioner Caesar

Editor: CHENG ORDOÑEZ

Dulay has already ordered its corrupt employees to resign.

An exporter, who did not want his name mentioned, l am e nte d ab out “to o much paperwork” in the country, prompting other entrepreneurs to relocate in other countries like Hong Kong where “business is so

much easier, taxes lower and not too much government interference.”

“I think each agency should have each procurement “walked” by one of their employees and see how long and how many places it actually takes - and document that - to see what can be removed/deleted to

Financing options available for MSMEs MICRO, small and medium enterprises (MSMEs) in the country have various financing options to launch a new business or expand an existing one.

Government financial institutions such as Development Bank of the Ph i l ippi ne s ( DBP ) , SB Corporation and Land Bank of the Philippines (LBP) provide aid to SMEs through loans and other financing programs, according to data furnished by Deutsche Gesellschaft für Internationale Zusammenarbeit (giz) which represents the German government in development cooperation all over the world.

The DBP is implementing a number of f inancing programs including the Retail Lending for Micro and Small Enterprises, Lending Program for Small and Medium Enterprises, Sustainable Agribusiness Financing Program, Sustainable Enterprises for Economic D e v e l o p m e nt ( S E E D ) Credit Surety Fund (CSF) Credit Facility and SEEDBankability Enhancement of SETUP Technopreneurs (BEST) Program.

One of the subprograms under SEED, the retail lending for micro and small firms provides an MSME loan amount of up to 90 percent of total project cost.

The SEED Program aims to enhance access of MSMEs to credit facilities and fasttrack the credit process and bring them in the mainstream of banking by implementing alternative ways of securing loans.

State-run financial institution SB C orp. is providing innovative f inancing faci lit ies for MSMEs and undertaking MSME wholesale lending program.

LBP is also increasing MSME financing access through its Agricultural Credit Support Project, Easy Pondong Pang-Asenso (EPPA) and SSS Business financing/PAGE 10

7

hasten delivery of service,” she said.

The company owner added that even after paying taxes, the BIR is going after them with the letter of authorities (LOAs) and the usual so-called “settlements”.

“They are supposed to inform their clients of any insufficiencies (if any) as

CEB launches 3 more routes to boost the Visayas Region THE Philippines’ leading airline, Cebu Pacific (PSE: CEB), further strengthens its presence in the Eastern and Western Visayas regions with the launch of three more routes.

Starting November 19, 2016, CEB will launch daily flights between Cebu and Ormoc and Cebu and Roxas; and four times weekly (Tuesday, Thursday, Saturday and Sunday) between Cebu and Calbayog using ATR 72-500 aircraft.

“Cebu Pacific remains steadfast in providing the best connectivity options ceb/PAGE 10

they know the law and any new BIR memos - but no, they use it to their advantage and instead point out so called “deficiency” to “the boys.” Corruption in so many places and forms,” she said.

She added there are many cases where agencies/ bureaus interact or require

papers one from the other.

President Rodrigo Duterte has ordered to ease the process of government transactions and to refrain from changing and bending t h e r u l e s g o v e r n m e nt cont rac ts, t rans ac t ions and projects already approved and awaiting implementation.

Developer in P38B deal to erect international port city in Davao AN AGREEMENT reached between President-elect Rodrigo Duterte and Mega Harbour Port and Development, Inc. has paved the way for the construction of a P38-billion port city and the mounting of an urban renewal program in Davao within the next five years.

The Davao Coastline and Port Development Project was signed by the outgoing Davao mayor and Mega Harbour representatives on June 21.

The project includes a world-class port city where an industrial park-cuminternational port and a commercial business district will rise. The central business

Volunteer shares her thoughts on CDD - Evelyn Pacana, a community volunteer of the Kapit Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services - National Community Driven Development (Kalahi CIDSS-NCDDP), of Barangay Cosina, Talakag, Bukidnon shares her experiences being a volunteer of the program during the 5th barangay assembly. She recounts her experiences during the Kalahi-CIDSS activities. Evelyn said that it is not easy to act in front of many people just to portray the situation of their barangay, she was nervous during their presentation during one of the activities, but all their efforts bear fruit as their barangay was among the top prioritized barangay for resource allocation being the 8th ranked of the top 10 prioritized barangays. The Kalahi-CIDSS is a communitydriven development (CDD) effort of the Department of Social Welfare and Development (DSWD) as a poverty alleviation program. (Photo

by Aiza Angni , DSWD KC-NCDDP Area Coordinator, Talakag, Bukidnon)

district will be host to business process outsourcing establishments, banks, a convention center, and malls.

At the same time, an urban renewal program will be established, featuring a flood control mechanism to be built across the proposed port city to alleviate flooding of the coastal residential area comprised of Agdao and Poblacion Districts and Barangay Bucana, and regain the lost coastline of Davao City.

With the renewal program, this coastal area is expected to be transformed into a wellplanned and self-contained community. The project will work within the present community structure and seek ways to provide the residents with amenities and services that will uplift their living conditions.

The stretch of the coastal residential district will be lined with greenery, main roads will be cleared, and zoning is to be rationalized.

Po c k e t s o f o r g a n i z e d commercial outlets will be in place to showcase local products.

“It is a bold venture for urban renewal and poverty alleviation,” Mega Harbour said in a statement. “These improvements shall include environmental solutions that will mitigate possible dangers in the future.”

It pointed out these enhancements will help improve the socioeconomic standing of coastal residents by promoting an entrepreneurial spirit and prov i d i ng e mpl oy m e nt opportunities.

The project will also adopt the green urbanism concept where care for the deal/PAGE 10

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MSU-IIT to host Mindanao Startup Challenge 2016

By Lorry V. Gabule

I L IG A N C I T Y - - T h e Center of Innovation and Technopreneurship (CIT) of Iligan-based state university is now on the road to find the next big ‘startup’ idea for the island Mindanao.

Focused on “Innovative solutions to real world problem” the Mindanao Startup Challenge is the first startup competition in Mindanao that aims to find best teams with best startup ideas and help them build these ideas into successful businesses.

In his message during a conference, Dr Sukarno D. Tanggol, chancellor, Mindanao State UniversityIligan Institute of Technology ( M SU - I I T ) , s a i d t h e i r objective is to provide a nurturing environment for technology-based and social

enterprises in the early stages of their development.

Ta n g g o l s a i d t h e y specifically aim to develop the entrepreneurial and innovative culture of Mindanao with a dynamic and collaborative environment.

Fur ther he said, we have our mission of creating and providing an integrated support system for budding entrepreneurs through relevant programs i n i n nov at i on , s c i e nc e a n d t e c h n o l o g y, a n d technopreneurship to stimulate local economic and social development.

Thus, our vision is to have a premiere startup incubator that promotes collaborative and sustainable innovation towards a more progressive Mindanao.

Meanwhile, Dave Del

Rosario, CIT manager, said as part of their commitment for inclusiveness, the center will be running its Mindanao Roadshows to reach the different community of the region.

“Our goal is to inform the community about the different startup opportunities in the country and how the Center can help them towards a more progressive community,” said Del Rosario.

Second, to invite them to collaborate with the Center through coorganizing different startup workshops and activities that can foster innovation and technopreneurship among the community.

Likewise, to encourage them to join different startup initiatives and competitions particularly the very first Mindanao Startup Challenge challenge/PAGE 11

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monday|JUly 11, 2016 Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Regional BRANCH 21 Cagayan de Oro City PETITION FOR RECOGNITION OF FOREIGN DECREE OF DIVORCE AND/OR DECLARATORY RELIEF

MARICEL T. BATAS, Petitioner, -versus-

SPECIAL PROC. CASE SP-ORD 2016-064

JINSEONG AN & LOCAL CIVIL REGISTRAR OF QUEZON CITY,

Respondents. x----------------------------------------------------------/ ORDER [WITH SUMMONS BY PUBLICATION] Notice is hereby given that filed before this court is a verified Amended Petition for recognition of foreign divorce and/or declaratory relief filed by petitioner Maricel T. Batas stating as follows: ‘’xxx

1.That petitioner, MARICEL T. BATAS, is a Filipino Citizen, of legal age, married and presently residing at MB Ramonal St., Nazareth, Cagayan de Oro City, where she may be served summons and other court processes, while respondent Office of the Civil Registrar of Quezon City is a public office, whose duty among others is to take custody of all the records and registration pertaining to the status of the person in its locality and may be served with summons notices orders and other processes of the Honorable Court at the City Hall of Quezon City.

2. That co-respondent, JINSEONG AN, is likewise of legal age, Korean Citizen and a resident of 6 Dokjeongan-gil 72beon-gil #402 Nam-gu, Incheon Metropolitan City, where he may served with summons and other court processes;

3. That petitioner is legally wedded wife of respondent, their marriage having been performed and solemnized on July 18, 2008, at Diliman, Quezon City, photocopy of the Marriage Certificate is hereto attached as Annex “A”;

4. That after their marriage, both parties went to Kor and settled as husband and wife;

5. That after 4 years and 10 months of their union, due to irreconcilable differences, the parties parted their ways and upon the initiative of the husband, filed an Application for Divorcement

by Consent;

6. That on May 24, 2013, Incheon District Court, Republic of Korea issued a Confirmation of the foregoing Application for Divorcement by Consent, The copy of the Confirmation is here to Attached and marked as Annex “B”, “B-1”, “B-2” and “B-3”

7. That the forgoing Confirmation of Application of Divorcement by Consent were duly authenticated and accepted as th original documents by the Philippine Consulate General’s Office, copy of the Certificate of Authentication, dated April 2, 2014 duly signed by the Hon. Consul Roderico C. Atienza is here to attached as Annex “C”;

8. That in pursuance to the tacit recognition of the Family Code with regard to the foreign divorce as contained in Article 26 and to the decisions of the Supreme Court, petitioner seeks before the Court judicial recognition of her foreign divorce in order for her to remarry and to revert back the use of her surname or family name while she was still single;

WHEREFORE, it is respectfully prayed that judgment be issued:

1. Ordering the recognition of foreign decree of divorce between the petitioner and the respondent with all the legal effects attaching to said order particularly to revert back the use of petitioner’s surname or family name while she was still single; and

2. Ordering the Local Civil Registrar of Quezon City to change the same.

OTHER RELIEFS in low and equity are likewise prayed for.

xxx” Finding the amended petition to be sufficient in form and substance, let this case be heard on AUGUST 3, 2016 [Wednesday] at 8:30 in the morning at the PLEB Session Hall, City Hall, Cagayan de Oro City.

At the expense of the petitioner, let a copy of this Order, which also served as the Summons by Publication to the respondent, Jinseong An, a Korean National, be published at least once a week for three [3] consecutive weeks in a newspaper of general circulation in the Philippines. Let also a copy of this Order be posted at the Bulletin Board of the City Hall of Quezon City, at the Bulletin Board of the Philippine Statistics Authority [formerly the National Statistics Authority] Regional Office in Cagayan de Oro City.

It is further ordered that Petitioner, at its own expense shall furnish copies of this order at the Petition together with its annexes to the Office of the Solicitor General, to the Philippine Statistics Authority [formerly the National Statistics Office], the Department of Foreign Affairs – Regional Office 10, Cagayan de Oro City, and to the Local Civil Registrar of Quezon City, Metro Manila.

The Philippine Statistics Authority [formerly the National Statistics Office], the Department of Foreign Affairs – Regional Office 10, Cagayan de Oro City, the Local Civil Registrar of Quezon City, Metro Manila, and the private respondent or any person having or claiming any interest on the relief sought is hereby directed to file their written oppositions and appear on the said date of hearing are hereby required, within fifteen [15] days after the last publication of this Order to file with this Court and serve on the petitioner their Answer to the above-quoted petition, together with the Annexes.

The petitioner shall at the hearing submit proof of publication and of the service of the copies of the Order and the Petition as directed by the Court.

SO ORDERED.

Done this 4th day of July 2016 in Cagayan de Oro City.

BWM: July 11, 18 & 25, 2016

(Sgd.) GIL G. BOLLOZOS Presiding Judge

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Financing... from page 7

Development Facility.

Meanwhile, the Department of Science of Technology (DOST) has been implementing the Technological Innovation and C ommercialization (TECHNICOM) program which provides funds for research and development (R&D) projects, Venture Financing Program and Purchase Order (PO) Financing Facility.

D O S T ’s Te c h n o l o g y Application and Promotion I n s t i t u t e’s ( TA P I ) P O financing facility assists companies with financial difficulty to fulfil customer PO, meet sales goals in domestic as well as export markets to surpass its current working capital limitations.

Such facility covers cost of raw materials equivalent to 70 percent of the project cost needed to produce products/ goods as reflected or based on the irrevocable POs to be refunded by the proponent without interest.

These financing pro g r ams c an s upp or t t he imple ment at i on of t h e P h i l ippi n e E x p or t Development Plan (PEDP)

for 2015-2017, a roadmap that sets the targets and strategies for the growth of the exports industry.

The PEDP has identified key strategies to achieve export growth target of 6.6 percent to 8.8 percent to a high of $93.64 billion this year, improving exporters’ access to finance, raising the productivity and competitiveness of Philippine enterprises and upgrading the quality and standards of export.

CEB... from page 7

for passengers at lowest fare in the market. With the additional routes in and out of Cebu, the Queen City of the South, more guests can travel and visit scenic spots in the Visayas region. We will continue to expand our reach that will cater to our valued guests and boost trade and tourism agendas in the destinations that we operate in”, says Atty. JR Mantaring, CEB Vice President for Corporate Affairs.

CEB holds an introductory Php599 all-in seat sale for these new routes from July 5-7, 2016 or until seats last.

The travel period is from

November 19, 2016 until March 31, 2017. The lowest all-in year-round fare, oneway for Cebu to Calbayog is Php1927, Cebu to Ormoc is Php 1591 and Cebu to Roxas is Php 1983.

In 2015, over 4.4 million passengers were flown to and from Cebu. Cebu routes cover about 24.5% of CEB’s seat capacity for 2015. With the addition of the three new routes, CEB has now 25 domestic routes in Cebu which will cater to the everincreasing travel demand.

Aside from Cebu, CEB also operates flights out of five other strategically placed hubs in the Philippines: Manila, Davao, Clark, Kalibo, and Iloilo. The airline’s extensive network covers over 90 routes and 64 destinations, spanning Asia, Australia, the Middle East, and USA. CEB’s 57-strong fleet is comprised of 7 Airbus A319, 36 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. Between 2016 and 2021, CEB expects delivery of two more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.

Deal... from page 7

environment and following the natural footprint of Davao are prime considerations.

From the regained coastline, hotels and resorts will be built.

All this, Mega Harbour said, will strengthen Davao City’s stake in the tourism and convention industry.

“Oppor tunities shall ab ou nd ( b or n ) of t h is d e v e l o p m e nt . B e n e f i t s shall accrue to Davao City and most especially to the residents of Agdao and Poblacion Districts up to Bgy. Bucana. And, highly advantageous multiplier

effects shall materialize and fulfill the promise of a progressive future for Davao City,” Mega Harbour said.

The company is the countr y’s first port city developer under businessman Reghis Romero I I’s c ong l om e r ate ( R I I Builders) whose track record includes port development and operations, township d e ve l opm e nt , l ow - c o s t hous i ng , and prop e r t y m a n a g e m e nt . - - w w w. portcalls.com

Bid...

from page 5

added.

JGC said minimizing the environmental impact of the project was “a high priority.” It said this had been addressed by using a circulating fluidized bed boiler that makes possible a two-stage combustion at low temperatures, which inhibits the generation of atmospheric pollutants such as nitrogen oxide and sulfur oxide.

“This, combined with removal of the particulates contained in the off-gas, ensures that the effects of the operation of this plant on the environment are kept to a minimum,” it added.

The second unit of the Sarangani plant is one of three major power projects that Alsons is targeting to start buiding in Mindanao before the end of the year. The others are the 15-MW Siguil river run-of-river hydroelectric plant also in Maasim, and the 105-MW San Ramon Power, Inc. baseload coalfired power plant in Talisayan, Zamboanga City.

“JGC Philippines was established in 1989 and initially undertook detailed design work for JGC projects, but in recent years, it has applied its

expertise gained through that experience to carry out EPC work independently for domestic projects within the Philippines,” JGC said.

Raises... from page 5

with CPGI as the sole selling shareholder.

CNPF shares sold during the placement were all owned

by CPGI and would not dilute the shareholdings of CNPF’s existing public investors as of the date of the placement.

After the placement, CPGI will remain as the largest shareholder of CNPF with a 69-percent stake in the company.

CLSA Limited and Deutsche Bank AG acted as the placing agents for the transaction.

CNPF is the Philippine’s largest canned food company, engaged in the development, marketing, and distribution of processed fish, meat, dairy, and coconut products under its own brands, as well as the brands of others.

Its brands include Century Tuna, Argentina Corned Beef, 555 Sardines, Angel, and Birch Tree, which have established market leading positions locally.

CNPF is also the country’s largest provider of private label tuna and coconut products for export overseas.

(PNA)

Challenge... from page 9

to help budding technology entrepreneurs transform their ideas into successful businesses.

Del Rosario said they are the first business incubator in Mindanao funded by the Department of Science and Technology-Philippine Council for Industry, Energy and Emerging Technology

Research and Development (DOST-PCIEERD) to create a progressive entrepreneurial ecosystem through various community building activities and technology-based business support services to enable budding entrepreneurs in the region to fulfill their ‘startup’ dreams.

We offer incubation program that includes business mentoring and trainings, IP supports, infrastructures and linkages to potential partners, mentors and investors.

The center’s roadshow for this year includes Butuan, Agusan, Surigao, Pagadian, Dipolog, General Santos City, Cotabato, Misamis Oriental, Marawi, Tawitawi and Ozamiz City.

The roadshow will be a 3-5 hours event to bring together different tech startup enthusiasts, aspiring entrepreneurs, researchers, inventors and millennials and spread the word about Startups and Technopreneurships through the Ideation and Design Thinking Workshops.

As to the competition requirements for the Startup Challenge, Del Rosario said that a minimum of two and maximum of five members per entry, at least one member must have technical expertise relevant to the proposed product/ service.

Group can submit more than one entry. Students, faculties, alumni, industry practitioners are welcome to join.

Opening of the competition will be on 6 June 2016. All entries must have been received by CIT on or before 20 August 2016, 11:59 p.m., after which no other entries shall be accepted.

Teams must completely fill out and submit the application form available at www.msuiit. edu.ph/offices/cit.

For more information, questions and/or clarifications, you may email the Center Manager, Dave Del Rosario at johndave.delrosario@g.msuiit. edu.ph (LVG/PIA-10 LDN)

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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

monday|JUly 11, 2016

Growth... from page 1

During the Mindanao Hariraya Eid’l FItr 206 at the SMX Convention Center here Friday, Duterte said he was saddened to see young Moros suffering from hunger due to poverty.

He said ARMM has the highest incidence of hunger “so diyan ako magbuhos ng lahat, tulong, pagkain, pati ‘yung nutrition sa mga bata.

Naawa ako sa mga bata” (so I will pour everything – including nutrition for the children). He said he is embarking on a national feeding program.

NAPC’s 2015 data showed that the poverty incidence in the ARMM provinces of Basilan, Lanao del Sur, Maguindanao, Sulu, and Tawi-Tawi worsened in the first semester in 2015 rising to 53.4 percent compared 46.9 percent in the same period in 2012.

“This means that one out of two families in ARMM had an income lower than the poverty threshold or the minimum income to meet the basic food and non-food necessities,” it said.

Based on report from the Philippine Statistics Authority (PSA), ARMM has a total population of 3,781,387 as of August 1, 2015, with Maguindanao having the biggest population at 1.17 million, followed by Lanao del Sur at 1.05 million, Sulu at 825,000, and TawiTawi at 391,000.

Duterte also reiterated his campaign platform of ending corruption to see governments transform to real social services on the ground.

“Marami akong plano sa ating bayan but I have to clean up…Even before the campaign, I was always stressing corruption must stop. Corruption must stop.

At lahat ‘yung may ibinigay ng gobyerno para sa tao, kailangan dumating sa tao,” he said.

Projects... from page 1

Orig said the company is currently gearing up for another geothermal plant in Indonesia.

“We are already assured that there are ready resources in Indonesia that the company can tap unlike here where we still need to explore for geothermal,” said Mr. Orig.

Early this year, Mr. Orig said that the company will only pursue the plan to put up the geothermal plant here if it is assured of a resource that can generate about 100 megawatts of power.

In 2014, the company announced plans to put up a 200-MW geothermal power plant as it explored about 20,000 hectares within the Mount Apo reservation. The company has not disclosed the result of that exercise.

The company has also postponed its plan to expand its 300-megawatt coal-fired power plant, the first new

power plant to operate in Mindanao in the last 10 years.

Sebastian Arsenio R. Lacson, president of Therma South, Inc., the subsidiary that operates the power plant, said the company decided to forego the plan as it projects power supply in Mindanao to be in surplus with the operation of several new power plants, among them those of Sarangani Energy Corp. of the Alcantara Group and the SMC Global Power Holdings of the San Miguel Corp.

But Mr. Lacson did say that the company is not completely shelving the plan.

“It is there, but we will not pull the trigger yet,” he added.

Based on the projection of the Department of Energy, Mindanao will have about 2,000 megawatts of power by 2019, or about 500 megawatts in surplus. At present, power growth consumption, based on government estimates, is under 7% annually. -Carmelito Q. Francisco

Robredo... from page 1

armed conflict between government troops and the Moro rebels.

In her speech, Robredo said she long wanted to visit the town when Arnado told her about Kauswagan’s transformation from being conflict-riddled to becoming Lanao’s sustainable agriculture model.

She said the purpose of her visit was to listen to the stories of the farmers, especially the rebel returnees.

“Their success should be an inspiration to others, (that what happened in Kauswagan) can be replicated elsewhere,” Robredo said.

Arnado said since the organic food production was initiated, the town’s poverty incidence went down from 70 percent to around 30 percent at present.

For Ismael Sarip, of the MILF Indirapatra Brigade, said he decided to avail of the town’s program and is reaping the harvest of his labor.

At his two-hectare farm in Lininding, Lanao del Sur, Sarip planted rice, coffee and various fruits.

His three-month farm pro duc t ion t raining in Bukidnon has helped him double his rice harvest from 35 to 70 sacks due to farming techniques he had acquired.

“When I was rebel, I used to carry firearms. Now my weapons are my farm tools.

The arms-to-farms programs has really helped me and my family,” Sarip said.

TESDA... from page 1

Mamondiong , w ho w i l l h e a d t h e Te c h n i c a l Education and Skills Development Authority (TESDA), a post formerly held by Joel Villanueva, now Senator.

Duterte announced his app oint me nt at t he Mindanao Hariraya Eid’l Fitr 2016 at the SMX Convention Center here Friday night, shortly after Mamondiong introduced him as the guest of honor.

“He will be the secretary of TESDA. It is a Cabinet position,” Duterte said.

Mamondiong, a l aw ye r s i nc e 1 9 7 4 , w as Unders e cret ar y for Rails of the Department o f Tr a n s p o r t a t i o n and Communications (DOTC) under the Arroyo administration.

EXTRAJUDICIAL SETTLEMENT OF ESTATE

Known by all men by these presents this EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and entered in the City of Cagayan de Oro, Philippines, by and between: HEIRS OF LATE NIDA MAGDOSA CASTAÑARES, represented by her legal husband, FELIPE ADORSA CASTAÑARES, and their legitimate children, namely: NIDAFE CASTAÑARES, ABIGAEL MAGDOSA CASTAÑARES, and AARON PAUL MAGDOSA CASTAÑARES, all of legal age, Filipino Citizen, with residence and postal address at Zone 3, Igpit, Opol, Misamis Oriental; That the said deceased, at the time of her death, left a Parcel of land situated in Igpit, Opol, Misamis Oriental and more particularly described as LOT 36903-F-1, Psd-10-052947, containing an area of ONE HUNDRED (100) SQUARE METERS, more or less declared in the heirs of LATE NIDA MAGDOSA CASTAÑARES is the subject “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND” Under Notary Public of EMELITO J. MARQUIÑO per Doc No. 438; Page No. 87; Book No. XII; Series of 2016.

NOTICE is hereby given that the intestate estate of the Late PRUDENCIO B. YANA who died on May 20,1985 & EPITACIA O. YANA who died May 26, 2003.

That at the time of PRUDENCIO B. YANA left the following real properties: - Nazareth, Cagayan de Oro City (TCT No. T-52209) situated in the Barrio of Macasandig containing an area of TWO HUNDRED THIRTY SIX (236) Sq. M. - San Vicente, Baungon, Bukidnon (OCT No. P-13241) containing an area of THIRTY EIGHT THOUSAND AND SEVEN (38,007) Sq.M. - Macanhan, Carmen, Cagayan de Oro City (Tax Dec No. F-075513) containing an area 300 Sq. M. And that the said deceased EPITACIA O. YANA prior to her death sold the property located in Macanhan, Carmen Cagayan de Oro City at the time of her death left only her conjugal shares in two out of three properties left by decedent PRUDENCIO B. YANA described in the above statement and in addition a real property located in IGPIT, OPOL, MISAMIS ORIENTAL which she acquired after the death of his husband described as follows: TCT No. T-25468 situated in the Barrio of Igpit, Municipality of Opol containing an area of FIVE THOUSAND (5,000) Sq. M more or less, is the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE Under Notary Public of Atty. Mario T. Juni per Doc.No. 382; Page No. 77; Book No. 194; Series of 2016 of the Notarial

BWM: July 11, 18 & 25, 2016

BWM: July 11, 18 & 25, 2016

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND

He was one of the organizers of the Mayor Rodrigo Roa Duterte National Executive Coordinating Committee (MRRD NECC), a volunteer organization that campaigned for Duterte.

Duterte said the Moro people might be surprised “that there are only about three, four, or five Muslims who would be occupying a Cabinet position.” But he explained that they are “trying to do a (federal) framework and if I succeed in convincing everybody in Mindanao, if I could convince my MILF (Moro Islamic Liberation Front (MILF) brothers and Nur Misuari of the MN (Moro National Liberation Front ) , t h e re w i l l b e a re c o n f i g u r at i o n o f t h e territory and most of them will occupy the regional or state positions.”

B a i Ya s m i n B u s r a n L ao, S e cret ar y of t he National C ommission on Muslim Filipinos, is also from Lanao del Sur. She was reappointed to another term as NCMF chair in March this year. (By CAROLYN O. ARGUILLAS, MindaNews)

Sikat... from page 12

how important in keeping the peace and order.The O pl an TU KHA NG w ho takes effect immediately k n o c k i n g o n r e s i d e nt s and making all drug users and pushers to s u r r e n d e r . No s p e c i a l favors on government officials involved on drug cartels, they will given the amou nt of pu n i sh me nt for their crimes. She also specified on putting up Rehabilitation for dr ug dependents giving them a chance to function back to society and be given e qu a l opp or tunit y. The Balay Pangarap that the Mayor d e arly love t hat she has devoted her time and care to the children that they may be given hope and a better and a brighter future. With the 23,000 people given basic care insurance,the senior citizens be given social pensions, and the door to door medical and medicine deliver y and monthly b enef its.She mentioned it is her aim to give the p e opl e of Gi ngo o g t h e e c on om i c s e c u r it y an d

11

2014 ppi’S Best in ENVIRONMENTAL Reporting

economic growth would bring better opportunities and employment. The dedication that the Mayor has given is something to hold on to that their is a woman of her profound d e d i c at i o n a n d a p u r e commitment to the lives of the people she serves.

Now that her mother Ruthie is by her side there is no stopping them Tatak Guingona ,Tatak Serbisyo.

To Mayor Marie Guingona Sikat ka Higala.

Hurst... from page 4

That morning of September 11, those people who went to work at the World Trade Center in New York had no idea they would never see their family again.

And neither do we know if we’ll live to see tomorrow.

Jesus made it clear that we all live forever—either in heaven or hell. The choice is ours. So why not ask Jesus to forgive you and take charge of your life every day?

Then you’ll have absolutely nothing to fear—neither your sudden death, nor even the end of the world.

Just Think a Minute…

REGIONAL TRIAL COURT 10th Judicial Region BRANCH 24 Cagayan de Oro City IN THE MATTER OF THE PETITION FOR CORRECTION IN THE ENTRIES OF THE CETIFICATE OF BIRTH OF MINOR ZHAIRA MHIR C. ROBLES, REPRESENTED BY HER PARENTS,

SPEC. PROC. CASE NO. SP-ORD-2016-032

ADRIANO B. ROBLES AND MIRALYN C. ROBLES

Petitioner, - VersusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY,

Respondent. x-----------------------------------------/ ORDER This is an Amended Petition for Correction of Entries in the Birth Certificate of Minor Zhaira Mhir C. Robles, filed by her parents Adriano B. Robles and Miralyn Robles, alleging, among others, that Zhaira was born in Cagayan de Oro City, on March 29, 2011p; that there are errors in the entries in said minor’s Certificate of Live Birth, to wit:

a.

Last Name : Capin

b.

Middle Name : No Entry

c.

Name of Father : No Entry

d.

Citizenship of Father : No Entry

e.

Religion of Father : No Entry

f.

Occupation of Father : No Entry

g.

Age of Father and the time of Birth : No Entry

h.

Date and Place of Marriage of Parents : No Entry Instead of the following which are the true and correct entries:

a.

Last Name : Robles

b.

Middle Name : Capin

c.

Name of Father : Adriano Baldoza Robles

d.

Citizenship of Father : Filipino

e.

Religion of Father : Roman Catholic

f.

Occupation of Father: : Office Clerk

g.

Age of Father at the time of Birth : 38

h.

Date and Place of Marriage of Parents : August 04, 2003, Pasig City

Thus, this Amended Petition.

This Amended Petition will be called for initial hearing on July 13, 2016, at 8:30 o’clock in the morning, during which the jurisdictional requirements of publication, posting and notice to all persons who have interests which would be affected by this petition, will be proved.

At the expense of the Petitioner, let this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the City of Cagayan de Oro, and in the province of Misamis Oriental.

Further, let this Order, together with copies of the Petition and its annexes, be posted before the initial hearing at the Bulletin Boards of this Court, City Hall of Cagayan de Oro City, Provincial Capitol of Misamis Oriental, and the Barangay Hall of the barangay where the Petitioner is residing.

Any interested person may, within fifteen (15) days from notice hereof, file an Opposition to the Amended Petition.

Let a copy each of this Order be furnished to the Petitioner, Atty. Raul M. Llacuna, Office of the Solicitor General, and the Local Civil Registrar of Cagayan de Oro City.

SO ORDERED ISSUED this 31st day of May, 2016, at Cagayan de Oro City, Philippines.

BWM: June 29, July 4 & 11, 2016

(Sgd.) HENRY B. DAMASING Presiding Judge

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YOUR Mindanao-wide BUSINESS NEWSPAPER monday | JUly 11, 2016

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12

Sikat ka Higala

By SHERYL MACALE July first was the nationwide inauguration, elected officials were oath in their respective positions. But I was invited at the City of Gingoog to cover Mayor Marie

TXS to present Deldoc’s ‘Si Maria Isabella at ang Guryon ng mga Tala’

By Stephen Pedroza

The Xavier Stage (TXS), a resident repertory theater company of Xavier University, presents their sixth theater season dubbed “Existential Experience” for the school year 2016-2017. This season includes Eljay Deldoc’s Si Maria Isabella at ang Guryon ng mga Tala (July); the Pre-Islamic Meranao adaptation of William Shakespeare’s A Midsummer Night’s Dream (September);

Edward Perez’s Barracks ni Tenyente Fuego (December) and the advocacy version of Shakespeare’s Hamlet (February).

Directed by Hobart Savior, TXS’ laboratory production, Eljay Deldoc’s Si Maria Isabella at ang Guryon ng mga Tala is a tale about taking chances and missed opportunities.

The play, an adaptation of Dean Francis Alfar’s Palanca Prize-winning short story Kite of Stars, is a

poignant take on how far love can take us with exciting and dramatic twists and turns along the journey.

TXS is inviting everyone to watch the play, slated on July 22 and 23 with shows at 11AM, 3PM and 7:30PM. Admission is free.

For reservation of seats, you may call Oya or Michael through local 2059, 09057776699 (Michael) and 09174397000 (Bart).

Guingona’s and Ruthie Guingona oath taking and the city councils elect. It was graced by an early morning mass attended by 2500 people at the Arturo S. Lugod Gymnasium

.I had the chance to personally meet the Mayor several times and in those encounter I have never seen anyone like her character a woman whos feistiness and her bravery

to face any challenges laid out in front of her. She is always ready to face them in fact without hesitation and intimidation. Several attacks has been hazed the insurgents had risen against her but she fought the fight with the people by her side. Drugs and drug syndicates has mounted, it went to build a supposed empire but with the strong coordination of the Drug and Enforcement Agency it has devised a plan hacking and controlling down from the supply and demand and to stop the proliferation on drug trade-.As the Mayor gave her speech she discussed about what the fight is all about and how worth is the fight for the people of Gingoog. She laid out the programs on sikat/PAGE 11