BusinessWeek Mindanao (July 16-17, 2021)

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Volume XII, No. 16

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PMFTC rolls out IQOS e-commerce nationwide, ramps up Smoke-Free Future vision X

Market Indicators

AS OF 6:00 PM JULY 15, 2021 (THURSDAY)

FOREX

PHISIX

US$1 = P 50.3

6,793.31

0.30 cents

X

1.82 points

Briefly 'Sisterhood' ZAMBOANGA City – Officials of this city and Davao City are looking forward to a stronger collaboration that will be mutually beneficial to the two cities. This, as Mayor Maria Isabelle Climaco-Salazar and Davao City Mayor Sara Duterte signed on Thursday a sisterhood agreement for the two cities in a ceremony at the lobby of the City Hall. The pact aims to create and fortify an open communicative atmosphere to induce a heightened exchange of ideas, particularly in the fields of tourism and culture, agriculture, and trade and commerce.

Positive outlook THE investment banking arm of the Metrobank Group expects the Philippine economy to recover with a growth of 5 to 6 percent by the end of the year, reversing the 9.6-percent contraction in 2020 amid the pandemic. The First Metro Investment Corporation (FMIC) sees the faster global economic recovery, accelerated vaccine mobilization, sustained supportive fiscal and monetary policies, and the government’s commitment to push infrastructure projects fueling this year’s growth. “Our dependable and resilient OFW (overseas Filipino workers) remittances, which grew 13 percent yearon-year in April this year, and BPO (business process outsourcing) services are anticipated to perform even better. As employment starts to pick-up and more people get inoculated, consumer confidence is also expected to improve,” FMIC president Jose Patricio Dumlao said in a virtual press briefing Wednesday.

PMFTC Inc. is ramping up its commitment to deliver a smoke-f ree f uture w it h the expansion of the IQOS e-commerce coverage, making available nationwide its flagship smoke-free product, IQOS, for Filipino adult smokers 21

years old and above who would otherwise continue to smoke. T he lo c a l a f f i l i ate of Philip Morris International (PMI), PMFTC extended the distribution coverage of the IQOS e-commerce website making heated tobacco devices

and heat sticks accessible through delivery to key areas in Mindanao including Davao City, General Santos City, Palomok, Cagayan de Oro City, Opol, El Salvador, Tagoloan and Villanueva in Misamis Oriental.

“Making IQOS accessible in key areas across the Philippines will help fast track PMFTC’s commitment towards achieving our vision of a smoke-free future. This is in line with PMI’s goal to help adult smokers VISION/PAGE 10

www.iqos.com

WESM eases guarantee for M'danao power grid

T

By MYRNA M. VELASCO, Contributor

HE operator of the Wholesale Electricity Spot Market (WESM) is temporarily enforcing ‘relaxed rules’ – for at least three months, on the prudential requirement (PR) as well as dispatch conformance of trading participants in the Mindanao spot market.

According to Robinson Descanzo, chief operating officer of the Independent Electricity Market Operator of the Philippines (IEMOP), “for the initial operation of WESM (in Mindanao), we relaxed the compliance on dispatch and prudential guarantee.” The commercially binding price settlements for WESMMindanao will start October 26 this year, hence, the easing of the rules are anticipated to stay within July to September.

For the prudential requirement that a spot market-buyer distribution utility (DU) will be posting for its WESM transactions, it was prescribed that the amount shall be equivalent to the actual exposure of that particular utility-offtaker into the spot market. For the next three months, Descanzo noted that the DUs sourcing their power from WESM-Mindanao “shall just be required to immediately GUARANTEE/PAGE 10

BRAVING THE FLOOD. With one hand on the handlebar and the other holding an umbrella, a resident of Del Carmen in Iligan City braves the flood with only a bicycle on his way home as heavy rains pummeled many parts of Mindanao late afternoon Thursday, July 15. mindanews photo by bobby timonera

LPA causes floods in CDO By FROILAN GALLARDO, MindaNews

ORO FLASH FLOODS. Rescuers use rubber boats to search for residents trapped in their houses after flash floods spilled over the river banks in Barangay Tablon, Cagayan de Oro City Tuesday night (13 July 2021). photo courtesy of cdrrmd-oro rescue

FLAS FLOODS triggered by a low-pressure area (LPA) east of Eastern Samar forced the evacuation of more than a hundred families in two villages here Tuesday night. Ni c k Ja b a g at , c h i e f of the City Disaster Risk Reduction Management Office (CDRRMO), said the flash floods also spilled over the Cagayan de Oro-to-Bugo highway, stalling hundreds of commuters and passengers

for more than three hours. Jabagat said the river in Barangay Tablon here also spilled from its banks, forcing residents living in shanties in Zone 1, Sitio Baloy to evacuate to the highway. Teams from the Army’s 4th Infantry Division, CDRMMO, and the Philippine Coast Guard took turns in evacuating the residents using rubber dinghies along FLOODS/PAGE 9

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2

Local

BARMM records 90.9% Covid-19 recovery rate C OTABATO City– The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has tallied a 90.9 percent recovery rate from coronavirus disease 2019 (Covid-19). Dr. Bashary Latiph, BARMM’s health minister said the percentage represents 8,167 recoveries from the 8,980 total Covid-19 cases since the start of the

pandemic in March last year. “We just did what we had to do to save lives with the guidance of the national government through the Department of Health,” Latiph said here Thursday. As of Wednesday night, Latiph said the region tallied 36 recoveries, 24 of which are from Cotabato City, trailed by Maguindanao with eight, Sulu, 3, and

Lanao del Sur, 1. On the same day, 16 new cases were also recorded with Cotabato City having six; Maguindanao, 5; Lanao del Sur, 4; and Basilan, 1. Active cases are at 469 with Cotabato City on top of the list with 222; Maguindanao, 140; Lanao del Sur, 81; Basilan, 15; Sulu, 10; and Tawi-Tawi, 1. The Covid-19 death toll stands at 344. (PNA)

BALINGASAG, MISAMIS ORIENTAL National Highway Balingasag, Barangay 4, Balingasag, Misamis Oriental Mobile Number/s: 0933-823-3161, 0933-823-3304 Tel. Number: 333-5161 CAGAYAN DE ORO P&J Lim Building, Tiano Kalambagohan St., Barangay 14, Cagayan de Oro City, Misamis Oriental Tel No. (08822) 727-829 / 231-6629 Telefax No. (088) 856-1947 Mobile No. 0933-823-3303 / 0943-708-7065 CAGAYAN DE ORO WAREHOUSE Warehouse 7, Bonbon Road, Kauswagan, Cagayan de Oro City, Misamis Oriental Mobile No. 0917-825-4149 / 0943-708-7065 CARMEN, CAGAYAN DE ORO Vamenta Blvd., fronting CEPALCO, Carmen, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 233-2011 Mobile No. 0933-823-3159 CORRALES, CDO Corrales Ave., Barangay 29, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 231-2055

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WED-THU|JULY 16-17, 2021

BARMM COVID-19 UPDATE. Top officials of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) answers questions from the local media during a press conference on the state of Covid-19 situation in the region. Present (L-R) were Dr. Zul Qarneyn M. Abas,deputy minister of health, Dr. Bashary A.Latiph, BARMM regional minister of health and Dr. Amirel S. Usman, director/general minister of health. Standing is Officer-in-charge of the Public Information Office of the BARMM regional health department Saida Diocolano. Photo by: Oscar S.LEDESMA

Crash victim’s mom against son entering Army MANTICAO, Misamis Oriental – The body of Pvt. 1st Class Carlo Dapanas Jr., one of the 49 soldiers who died in the C-130 crash in Sulu,

DIVISORIA, CDO A. Velez St., Barangay 9, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 856-1947 Mobile No. 0917-841-4000 / 0933-823-3164 GINGOOG CITY G/F Wyne Militante Bldg., Lugod St., Barangay 22, Gingoog City, Misamis Oriental Telefax No. (088) 861-0104 Mobile No. 0933-823-3168 LAPASAN, CDO National Highway (FICCO Bldg.), Lapasan, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 231-6739 Mobile No. 0933-823-3160 PUERTO, CDO Purok 6, Puerto, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 859-0574 Mobile No. 0943-708-7537 CAMIGUIN B. Aranas St., Poblacion, Mambajao, Camiguin Telefax No. (088) 387-0491 Mobile No. 0943-708-7539

has arrived at his home in Barangay Tu-od here. In a small room of the family house that also serves as worship area, relatives and friends will be with the 25-year-old soldier until his burial at the Manticao public cemetery on Saturday. His brother, Pat. Melgazar Dapanas, said their family is hurting more because they could not see his brother for the last time. They were told not to open the casket because Carlo was burned beyond recognition. "He was trapped inside the C-130. It took longer to confirm which remains were his. Our DNA samples were collected

to determine his body," Melgazar said. At first, their mother, Susan, was against Carlo entering the Philippine Army. In 2016 or a year after Carlo asked her permission, she finally gave her blessings. Carlo was assigned at the 26th Infantry Battalion in Agusan del Sur but volunteered to be transferred to Sulu. “He chose to enter that kind of job. I just can’t help but cry. He was very young,” Susan said. Inspiration Melgazar, a member of the Regional Mobile Force Battalion 10, entered the Philippine National Police two years after Carlo joined the Army. He was a graduate of an Education course and would have been a teacher if not for the influence of Carlo. Despite what happened to his younger brother, Melgazar said he is neither discouraged nor scared. "We took an oath to protect the public. We accepted the situation that when we leave our home, we might go home dead. But we always pray that we go home safe because we have a family waiting for us," he said. Celebrations Emabel, Carlo’s wife, said they last talked a few minutes before the C-130 took off at Laguindingan Airport. “He informed me they were in Laguindingan and were about to take their breakfast. His last words were take care and take care of our child but I was not able to respond anymore because the call was cut,” she recalled. A day before the tragedy in Patikul on July 4, they were talking about their first wedding anniversary on August 10. Carlo promised he will go home while she will cook his favorite pork adobo and fried shrimp. AGAINST/PAGE 10

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WED-THU|JULY 16-17, 2021

3

CorporateWorld

Sales of local automakers rise 56% in first half 2021 S ALES of the local automotive industry during the first semester of the year rose by 56.1 percent to 132,767 units from 85,041 units in the same period a year ago, the joint report of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed Tuesday. Passenger car sales jumped by 77.3 percent from January to June 2021 to 42,406 units from 23,912 unit sales in the first six months of

2020. Commercial vehicle sales also grew double digits by 47.8 percent to 90,361 units in the first semester of 2021 from 61,129 units sold in the same period last year. For June 2021 alone, industry sales increased by 44. 8 percent to 22,550 units from 15,578 units a year ago. June 2021 sales of the passenger car segment improved by 56.7 percent to 7,382 units from 4,711 units in June 2020. Commercial vehicles sold

15,168 units, 39.6 percent higher than last year’s sales of 10,867 units. Meanwhile, month-on-month sales of the industry still recorded a 2.2-percent growth. “The auto industry continues to adjust to the effects of the pandemic at the same time striving to strike a balance between its contributions to the economy and keeping its stakeholders safe and healthy during these unprecedented times,” CAMPI president Rommel Gutierrez said. (PNA)

NGCP set to bid out ancillary service; Trade chief sees exports to sustain upward trend eyes new power sources DEPARTMENT of Trade and Industry (DTI) Secretary Ramon Lopez has welcomed the robust exports performance for May 2021, saying the country’s outbound trade will continue its upward trend. The Philippine Statistics Authority (PSA) reported Friday that merchandise export revenues in May rose by 29.8 percent to $5.89 billion from $4.54 billion during the same period last year. “We are very optimistic that we can sustain this upward exports performance trajectory as

our major trading partners continue opening up their borders and easing travel restrictions given the success rate in their vaccination drive,” Lopez said in a statement. He added the vaccination rollout here as well as allowing 100-percent capacity of export-oriented enterprises even during the modified enhanced community quarantine (MECQ) in NCR Plus allowed the export sector to continue its robust performance for the month of May. “As we focus our efforts on the key export

sectors of our country, we hope to regain our lost opportunities due to the Covid-19 (coronavirus disease 2019) pandemic and maintain the momentum of accelerating our export growth,” Lopez added. Electronic goods remained the country’s top export, accounting for 58.2 percent of the total exports in May 2021, the PSA reported. The industry exported $3.43 billion worth of goods during the month, higher by 25.6 percent from last year’s $2.73-billion revenue. In terms of the export

market, the biggest chunk of Philippine exports went to China in May this year. Exports to China amounted to $954.3 million, increasing by 22.3 percent. This is followed by the United States, with exports amounting to $918.11 million; Japan, with $829 million; Hong Kong, with $792 million; and Singapore, with $324.95 million. The United Nations Conference on Trade and Development (UNCTAD) forecasted that global trade is expected to rebound during the second EXPORTS/PAGE 11

CEBU City – The National Grid Corporation of the Philippines (NGCP) is set to implement the public bidding process for ancillary services (AS) as it pushes for new energy sources to achieve energy security. In a statement on Wednesday, NGCP said it will start a competitive bidding for the required AS to help meet the objectives of the government and secure the best value for power consumers. It said the ancillary services are support services needed to maintain power quality,

reliability, and security of the grid. NGCP president and chief executive officer Anthony Almeda said the state-owned power grid franchise holder “wants to guarantee the best pricing for AS, especially since this is a pass-on cost to consumers.” “With an open and public bidding process, we ensure full transparency and comply with internal governance imperative of accountability, which all our stakeholders deserve,” Almeda said. NGCP, however, said procuring AS on either NGCP/PAGE 11

4

Opinion

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I hope you dance (Pt. 1) Think a minute… Not long ago a couple was taking a holiday in the mountains of California. Day after day they saw the same young man sitting by a bridge near their hotel. At first they thought he was fishing, but after a closer look they realized he was doing nothing but sitting and staring at the sky. Finally on the last day of their vacation they asked him: “Why do you sit in this same spot every day?” He answered, “I believe in reincarnation. I believe that I’ve lived many different lives before and that I’ll have many more lives after this one. So I’ve decided to sit this life out.” While it may seem funny, it is actually tragic that this young man does not face the fact that this life is the only one we have, so it is impossible just to “sit it out.” Each day we are either moving forward or backward, getting stronger or weaker, better or worse as a person. Time does not stop for anyone—which means our “dance of life” will soon be over. Listen to the words of

THINK A MINUTE

WED-THU|JULY 16-17, 2021

'Tis a season of political flirting

WE see and hear this early alignment of political forces as we get nearer to the 2021 national election. But despite all of these ruckus, the country has to catch up yet on levelling off the pandemic, still on its damaging surge elsewhere and anywhere. This early, hugging the headlines are the possible presidential tandems like D ute r te - D ute r te, Isko Pa c man , L a c s on - S otto, Carpio-Marcos, RobredoTrillanes. Indeed, it’s now the season of political flirting, as presidential hopefuls brace the scorching climate this early, bringing false hopes, broken promises and sour dreams to the lowly electorate in every corner of the land amid this pandemic. This brings us to connect to a spotify favorite ‘From A Distance’ popularized by Bette Midler. The lyrics

are exact reflections of our unique peculiarities as a people so obsessed with politics. Our apology to American singer-songwriter Julie Gold who penned this meaningful song in the 80s for the revision. From a distance, we can hear different voices trying to outdo each other, promising the moon and the stars, the good life of every man. From a distance, the color of politics looks blue and green, yellow and even maroon, like rainbow in the open, infinite sky. From a distance, the ocean of deceit meets the stream of promises and the eagle takes the daring flight, flying through the scattered islands thirsty of lasting peace, unity and progress. From a distance, here is the supposed harmony as it echoes through the land, and there is a possibility of

hope, a voice of peace, and the voice of every man on the street -- heard and justified throughout the land. From a distance, we all have enough drug wars, and no one is anymore in need. No more guns, no more bombs in the boondocks of Mindanao and in the Cordilleras, diseases among the IDPs, and perhaps no more hungry mouths to feed. From a distance, we are all instruments of peace as the world looks upon us in blue and green, in white and red -- all colors of peace and development. From a distance, dear Uncle Sam in the person of Joe Biden, in snow-capped mountains white garb keeps watching over us, laying songs of hope, playing songs of peace as both are the songs of every man hungry of peace in the land. From a distance, you look like my friend even though

UNRUFFLED

RUFFY MAGBANUA we are at odds, in this crucial moment in the life of a nation in search for upright leaders who can deliver and make a difference. From a distance, there is a ray of harmony as it echoes through the land. And it's the hope of hopes, it's the love of loves and it’s the heart of every man that matters. God is watching us amid this pandemic -- from a distance. (ruffy44_ph2000@yahoo. com)

My second wave turned 1 MINDFUL

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JAY LEDESMA WITH much reluctance, I got my computer and wrote my first column for the local weekly newspaper, Mindanao Journal. This was one year ago and the title of my column was “Second Wave”. That was just a few months after I retired from my job for 27 years and thought of writing about how one can reinvent oneself and find their second wind. My maiden article talked about my personal observations of how other people managed to find their second wave, especially in light of the pandemic outbreak. A year after, I now share

my personal account on how I have reinvented myself and enjoying my newfound second wave. Overcome your limits. If given the chance, I would rather speak than write. Even when I was a student, I was not fond of essay writings. But I would participate in declamation, debate, and even spelling contests. I was not the typical girl who keeps journals or diaries. Writing was not just my cup of tea, I just felt I was not good at it. So when my husband, who is a gifted and prolific writer, asked me to write for his newspaper, I refused a thousand times. Then one day, I just told myself, "why not give it a try?’ I wrote my first article as mentioned above and continued writing one article after the other. Until I started loving it. This is now my 53rd article. And something happened, in between, that I never expected. I now write for two national news outlets: The Philippine News Agency,

which is the official news agency of the Philippine government, and The Manila Times, the oldest existing English-language newspaper in the Philippines. Now that I am retired and with the pandemic still very much around, I don’t have much opportunity to speak. But my writing gave me another avenue to impart, educate, inform and make a difference in the lives of other people. What I considered then my weakness and limitation is now proving to be a blessing and an asset. E xplore and st retch your imagination. Because I was so busy with my work demands before, I never had the chance to imagine what I can do better other than work. Then I chanced upon the number painting on FB. I bought two kits to while away my time. Then a few more. When I got more comfortable with the brush strokes, I tried to do my own. With the help and guidance from my husband, I started

doing my own paintwork. I started with the simple objects around me then from our travel photos. To help in the awareness campaign on the importance of wearing masks, I did one covid-related paintwork showing different nationalities wearing the face mask. It received much appreciation and recognition from a number of our friends. I never thought that one piece would turn into a covid paintwork series that we eventually turned into a calendar. Yes, we did 13 covid-related paint works that were featured in the 2021 calendar that we produced. We are now planning to do Part 2. You can be amazed at what you can do when you allow your imagination to work. Create the opportunity. I have always believed in the saying that "life does not always present you with opportunities. Most of the time you have to look for or create them.” A big part WAVE/PAGE 11

Simple and childlike If we want to be with God

his preaching. “Unless you

time we see children around.

HINTS AND TRACES

points of his mysterious will and ways, we need to be always simple and childlike. Christ may have told us also to be clever and shrewd like serpents, but that quality which is also a necessity in our life here on earth should never compromise our simplicity. In fact, that cleverness should also spring from our simplicity. Christ is quite clear about this point. “I give praise to you, Father, Lord of heaven and earth,” he said, “for although you have hidden these things from the wise and the learned you have revealed them to the childlike.” (Mt 11,25) Christ reiterated this necessity of being childlike a number of times during

children, you will never enter the kingdom of heaven.” (Mt 18,3) “Let the children come to me. Do not prevent them, for the Kingdom of God belongs to such as these.” (Mk 10,15) St. James, in his letter, made the same affirmation. “God opposes the proud but shows favor to the humble.” (4,6) With these words, it’s quite clear we all need to be childlike even as we grow in age and stature, and even as we accumulate already quite a significant amount of knowledge with our exposure to the world and the life in general. Yes, children and heaven are almost synonymous to each other. No wonder we feel like we are in heaven every

we are very happy because we somehow know that he just did not come out of his mother’s womb, but rather from the very hands of God who created him before the parents procreated him. In spite of the many limitations of children, what makes them always desirable is their pure, innocent heart, incapable of malice, ambition, pride and haughtiness. They are a source of many other good things. Their heart is always trusting in the Lord always, just like a little kid is always confident with his father. Faith and hope easily grow and acquire strength when nurtured in a child’s heart. It’s this attitude that leads them to go on and move

on no matter what, for life to them could only be an adventure of discoveries. S i mp l i c it y h e lp s u s accept and live the faith. It’s what makes us children who accept things first, who allow ourselves to be guided and taught, before asking questions, not out of unbelief but rather for greater understanding. SIMPLE/PAGE 11

JHAN TIAFAU HURST always and to know the fine change and become like little Every time a baby is born, this popular song entitled, I Hope You Dance: “May you never take one single breath for granted; may love never leave you empty handed. Whenever one door closes, I hope one more opens. Promise me you’ll give faith a fighting chance…And when you get the choice to sit it out or dance, I hope you dance…Don’t let some hellbent heart leave you bitter; when you come close to selling out, reconsider. Give heaven more than just a passing glance. And when you get the choice to sit it out or dance, I hope you dance.” The best news is it’s never too late to start. We begin DANCE/PAGE 11

ROY CIMAGALA

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WED-THU|JULY 16-17, 2021

5

Banking&Finance

Fast-tracking more reforms eyed after rating outlook change

F

URTHER push for the eventual approval of the other tax reform measures of the Duterte administration is expected following Fitch Ratings’ decision to downgrade its outlook on the country’s investment grade rating. During the company’s

virtual briefing on Wednesday, First Metro Investment Corporation (FMIC) research head and first vice president Cristina Ulang said reform measures, not just government spending, are among the factors for Fitch Ratings’ move to change its outlook on the country’s

BBB rating from stable to negative. She is referring to the proposed Passive Income and Financial Intermediary Taxation Act (PIFITA) and the property taxes, which are now in the Senate and are part of Package 4 of the Comprehensive Tax Reform Program (CTRP), which is

BPI merger with thrift unit exempted from watchdog’s review THE PHILIPPINE Competition Commission (PCC) said the planned merger of Bank of the Philippine Islands (BPI) and BPI Family Savings Bank (BFSB) can be exempted from its review as it qualifies as an internal restructuring. In its response to the banks’ request for confirmation of non-coverage from compulsory notification, the PCC said the transaction qualifies as an internal restructuring and is exempt from the requirement, BPI said in a filing on Tuesday. Companies that engage in mergers and acquisitions are required to notify the PCC for review if these transactions have impact on competition in their respective sectors.

However, BPI said the PCC may still review the merger if necessary. “PCC also indicated that the acknowledgment is based solely on the facts and circumstances disclosed and shall not prevent the PCC from commencing a motu proprio review of the transaction should the facts turn out to be different than what was represented before the Mergers and Acquisitions Office or PCC,” the lender said. PCC’s response regarding the merger comes a week after the Philippine Deposit Insurance Corp. gave its conditional consent for the transaction, saying their approval will be dependent on the view of the Monetary Board. The Ayala-led lenders still need to secure approval from other REVIEW/PAGE 11

THE Land Bank of the Philippines (Landbank) has cleared the way for 3.79 million unbanked registrants to the national identification (ID) system to be part of the formal banking system as of May this year, in step with President Rodrigo Duterte's goal of financial inclusion for all Filipinos. In a report to Finance Secretary Carlos Dominguez III, the Landbank said the onboarded 3,794,882 applicants for transaction accounts comprise 47 percent of the 8,047,034 individuals who had registered in the Philippine Identification

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE: EJF NO. 21-97 Upon extra-judicial petition for sale in accordance with the provision of Republic Act 720, as amended filed by 1st VALLEY BANK, INC. represented by its President/Chief Executive Officer, ATTY. NICOLAS J. LIM, Mortgagee, against ABON M. TAWANTAWAN married to SAIDA T. TAWANTAWAN, Mortgagor of Poblacion, Salvador, Lanao del Norte executed on March 11, 2019 to satisfy the Mortgage Indebtedness, the principal obligation which has been overdue in the amount of NINE HUNDRED NINETY THOUSAND (P990,000.00) PESOS excluding penalties, Sheriff’s expenses, Publication and other related incidental expenses, the undersigned or his duly authorized deputy will sell at Public Auction on September 9, 2021 at 10:30 o’clock in the morning to 2:00 o’clock in the afternoon at the Session Hall of this Court to the highest bidder, for CASH or MANAGER’S CHECK and in Philippine Currency, the following described real property with all improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. (T-23687) 149-2019000413 Registry of Deeds of Lanao del Norte A residential/commercial lot, Lot No. 2834, Ps-13, bounded N. 89-16’E., 10.05 M to point 2; S.00-07’W. 20.10 M. to point 3; N.89-53’W., 29.99 M. to point 4; N.00-03’W., 20.02 M. to point 5; S.89-41’E., 20.00 M. to point 1; Point of the beginning. Containing an area of SIX HUNDRED (600) SQUARE METERS. Bounded on the N., along line 5-1 by Lot No. 2832,Pls-13; on the N., along line 1-2 by Lot No. 2831, Pls-13; on the E., along line 2-3 by Lot No. 2833, Pls-13; on the S., along line 3-4 by road; on the W., along line 4-5 by road, situated in Poblacion, Salvador, Lanao del Norte. Registered in the name of ABON M. TAWANTAWAN, of legal age, married, Filipino and a resident of Poblacion, Salvador, Lanao del Norte. All sealed bids must be submitted to the undersigned on the above-mentioned time and date. In the event the Public Auction should not take place on the said date, it shall be held on September 16, 2021 without further notice. Kapatagan, Lanao del Norte, Philippines. July 13, 2021.

BWM: July 16, 23 & 30, 2021

added. Ulang said these factors are closely watched by credit rating agencies because these will improve the efficiency of the taxation process and the expansion of the tax base. She said these proposed measures are not particularly aimed

at increasing taxes but expanding the tax base and improving tax administration efficiency. These measures will make the country’s tax structure “more fair and equitable to all” and will encourage more foreign direct investors, she added. (PNA)

Landbank onboards 3.8-M unbanked nat’l ID registrants

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte

now called the Tax Reform for Acceleration and Inclusion Act (TRAIN) law. “So I think, there’s going to be a speed up, an urgency for the government to pass all of these taxation because this is what’s really going to help our budget deficit and then support the spending if need be,” she

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

System (PhilSys) from 852 sites in 32 provinces. As of May 2021, Landbank president-chief executive officer Cecilia Borromeo said 1,071,177 of the onboarded applicants have received their Landbank Agent Banking Cards (ABCs). These cards are provided free-of-charge and with no initial deposit requirement to PhilSys applicants in areas where the Landbank has colocated with the Philippine Statistics Authority (PSA) in Philsys registration sites across the country. Borromeo said facilitating the opening of bank accounts

for PhilSys registrants will help ensure the speedy and efficient delivery of future government assistance programs to unbanked beneficiaries. Landbank earlier hired over 1,000 service contract workers (SCWs) and deployed them to various locations across the country to assist in the opening of transaction accounts for unbanked national ID registrants. Borromeo said the SCWs act as front-liners by attending to various queries and requests relating to the opening of accounts and gathering LANDBANK/PAGE 11

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Online scammer in Bohol uses dead kid's pics to extort money By JOEL CALAMBA ESCOL & SONNY SUDARIA

CAGAYAN DE ORO CITY - Remember the little boy Baby Yuan who just died of a rare disease? The aunt of Baby Yuan lodged her complaint and sought the help of this paper that his nephew's images were reportedly used by a scammer who lives in Bohol to extort money from innocent and unsuspecting Boholanos. Jessa Solejon, Yuan's aunt contacted MDNN and revealed that a scammer, identified as a certain Jhoann Ev has been contacting friends and other people on Facebook and allegedly asked them money to help Yuan's family. The alleged suspect has been making the rounds on the internet and chatted unsuspecting friends and other people about Yuan's condition and later would solicit money without the knowledge and consent of Yuan's family. Baby Yuan died two weeks ago after doctors pronounced him already incapable of sustaining the prescribed medicines, as the immune system of the 4-month-old little kid has weakened fast. His body was buried at a public cemetery in their hometown in Cabanglasan, Bukidnon. "I am reporting this scammer in your office sir because she's been doing the rounds on the internet and soliciting money without the consent of the immediate family of Yuan, " Solejon said in vernacular. She said the scammer didn't even know that

Baby Yuan has already died. Angel Misto, Yuan's biological mother has also contacted MDNN yesterday and also sought this paper's help to expose the 'modus operandi' of the suspect. "Please help us sir," was Angel's pleading as she was hurt that somebody could do this to their beloved son who has already joined her Creator. CONCERNED CITIZEN Baby Yuan's immediate family discovered the modus of the suspect when one of her victims, who also live in Bohol,

identified as Marissa Beachy. In her FB account, Mrs Beachy who married an American, contacted the immediate family of Yuan and told them about the suspect's doings in their hometown in Bohol. Marissa identified her as a certain Jhoann, 18 year's old from Tagbilaran, Bohol. "I am one of her victim's. She chatted me on Facebook and told me about the condition of the kid the later solicited money from me," Marissa said. MDNN contacted Mrs Marissa Beachy on FB and

she also confirmed the modus operandi of the suspect. FAKE ACCOUNT Meanwhile, Solejon, Yuan's aunt also revealed that the suspect even made a 'fake account' of Baby Yuan and put the boy's image on the said account. "Grabe lage kaayo sir nagbuhat pa gyud siya ug fake account ni baby Yuan," she said. MDNN tried to connect to the alleged suspect to air her side on the issue but she had already deleted her FB account.

PSA-LDN urges public to undergo Philsys Step 1 registration first By CLAIRE GIGJE

ILIGAN CITY --The Philippine Statistics Authority (PSA) - Lanao del Norte urges the public to take first Step 1 of the Philippine Identification System (PhilSys) registration before going to registration centers to have Step 2. “Ginaencourage namo ang wala pa naka-Step 1 or wala pa namo na houseto-house [registration] na magregister online,” said PSA-Lanao del Norte PhilSys Focal Person Robe James Desierto. [We are encouraging those who have not taken URGES/PAGE 9

Billboard 7 #BrigadangAyala: BPI Foundation, Ayala Land collaborate and intensify support for Social Enterprises B Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

WED-THU|JULY 16-17, 2021

PI Foundation, the social development arm of BPI, formalized today its partnership with Ayala Land, Inc. (ALI) to further enhance its BPI Sinag program by providing market access for social enterprises (SEs). Now on its 7th year, BPI Sinag, a comprehensive development program aimed at nurturing and stimulating growth to the budding SE sector, inked a strategic partnership with Ayala Land and joined the groupwide #BrigadangAyala initiatives for greater impact. "Through ALI's Alagang AyalaLand program, our Sinag SEs can avail of free leasable space for three months to one year in Ayala Malls, subject to certain minimum conditions," said BPI Foundation Executive Director Owen Cammayo. "This mutually beneficial partnership will surely spark and boost business opportunities for both parties as the SEs attract new markets to the Ayala Malls." The top 10 winners of this year's BPI Sinag Spark business challenge will win cash grants of up to P300,000, experience MBA-like virtual training sessions, and receive free leasable space in any Ayala Malls, inclusive of the

maintenance fees for common areas for a maximum of 10 square meters for the first three months. According to the Social Enterprise Landscape in the ASEAN 2018 report by the USAID, there are estimated to be over 160,000 SEs in the country, most of them cooperatives. Many social enterprises in the Philippines help their beneficiaries by providing employment within their communities. Outside Metro Manila, opportunities are relatively untapped and starting to attract new generation SEs. However, even before COVID-19, the SE sector has already been trying to overcome several obstacles like the lack of access to finance, a lack of effective impact measurement mechanisms, and low public awareness. "Most SEs are part of the micro, small, and medium enterprise (MSME) sector, which is considered one of the main drivers of economic development in many countries, including the Philippines," said BPI President and CEO TG Limcaoco. "With the ongoing pandemic, our commitment to help this very important sector recover and survive remains intact.

(Top row from left) BPI President and CEO TG Limcaoco, BPI Foundation Executive Director Owen Cammayo, (Second row from left) Ayala Land Inc. (ALI) President and CEO Bernard "Bobby" Dy, and Ayala Malls President Cristopher Maglanoc meet in the virtual event "Sinag Sparks @ Ayala Malls: a BPI Foundation and Ayala Land Partnership" for the symbolic signing of the Memorandum of Agreement.

Supporting the growth of MSMEs is key in building a financially inclusive and sustainable Philippines." "This partnership with BPI is perfectly aligned with Alagang AyalaLand. While the BPI Sinag project would identify and nurture budding social enterprises, we in Ayala Land will provide the spaces in our malls lease- free to the most promising of these enterprises," said Ayala Land Inc. President and CEO Bobby Dy. "This reflects our commitment and synergy in the Ayala Group, especially when our hope is to provide opportunities for our fellow Filipinos." "We recognize the importance of providing a vibrant environment for social

DOWN TO EARTH: A social enterprise that believes knowledge is one of the best gifts it could share with hardworking farming heroes, DownToEarth, located in Bukidnon, provides a biodegradable waste solution for primarily urban environments with little to no access to land, turning unused spaces into productive gardens.

as healthcare, food and beverage, education, energy, technology, agriculture, and manufacturing, among others. "Aside from the network and learning opportunities, we have awarded almost P20M worth of cash grants to our Sinag SEs aimed to boost their enterprise and further uplift the lives of the communities they serve and operate in," Cammayo added. "This year, we will inject another P2M in cash into the ecosystem, provide the SEs access

VIRTUALAHAN: Virtualahan is the pioneering and globally-awarded virtual school for Persons with Disabilities to develop skills and a mindset to become competitive employees and entrepreneurs using the equalizing power of technology.

enterprises to flourish and make further impacts on society," said Department of Trade and Industry (DTI) Regional Operations Group Undersecretary Blesila Lantayona. "While a legal framework for social enterprises is yet to be institutionalized, DTI commits to

provide interventions in sustaining the MSME development including our social enterprises so as to generate more employment and to give better lives to millions of Filipinos." Over the years, BPI Sinag has supported over 180 SEs from various industries such

ORGANIC GROWTH: With urban farming as one of its advocacies, Organic Growth now works as a farm consultancy business that converts idle lands to productive farms.

to invaluable mentoring sessions, MBA-like crash courses, and premium marketplaces." The application period has been extended to July 23, 2021 to enable more SEs to join. Interested applicants may check the complete eligibility requirements via https:// bpifoundation.org/page/ bpi- sinag/. #BrigadangAyala is Ayala Group's united contribution to serving people and communities nationwide. It is Ayala Group's integrated response to its almost two centuryold commitment to national development by doing various social development and corporate social responsibility initiatives—ranging from disaster relief and response, assistance for public education, championing of social enterprises, and public health advocacy, among others.

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Macho Jefe, your best low and slow smoked meat in CDO Interview Questions by MARK FRANCISCO

1. What exactly is smoked meat? Smoked meat is a product of one of the cooking methods called smoking. This method dates back to the Paleolithic Era and was reinvented through the ages. The process involves the meat being cooked slowly through a smoker with hot air produced from carefully controlled temperature reaching the desired degree of heat, and at the same time adding smoky flavor to the food. The smoky flavor can be attributed to the type of wood being used while smoking. Woods like oak wood, apple wood, santol, sampaloc are some of the popular ones most pitmasters use. 2. How is it different from barbecued meat? Here are some differences between barbecued meat and smoked meats: - Cooking Time Smoked meats are cooked for a longer period of time. It is still called barbecue but the method of cooking

is different. Smoked meats are cooked using the low and slow method while barbecue is cooked directly through the fire like grilling. - Appearance Smoked meats have smoke rings and bark. A smoke ring is a pink discoloration of the meat under the surface of the crust or bark. It is produced by the chemical reaction between the meat and the gases produced from the wood or charcoal. - Taste Smoked meats provide a deeper and unique flavor. It is more tender and moist compared to grilled or regular barbecue. 3. Are the sauce ingredients secret or are you at liberty to tell the yummy ingredients? The ingredients of the smoked meat and it’s sauce is not a secret. It can easily be Googled and many pitmasters share their knowledge

online. Smoking is a craft which can be mastered through experience. Also improvement is the mantra when it comes to smoking. 4. How do you smoke the meat? I smoke the meat using a customized and fabricated smoker. The smoking process is long just like the cooking time. Proper preparation is required and it starts from the choice of meat. To sum up the entire smoking process, it is all about fire management. Regardless of how well-prepared and tasty the smoked meats are, if the fire is not properly managed while smoking it will not yield the best result. 5. Is it charcoalbased? It is a combination of charcoal and wood. 6. Does the quality of the charcoal matters? Definitely, because it is very important to have a good quality charcoal to ensure consistent heat source

for the fire management. 7. If we order now, is it delivered right away or is this on a pre-order basis? It is a pre-order basis since the smoked meat takes a longer time to cook. 8. What is the number to call? Contact Number: +639065944146 and -639275677024 9. Is the price worth it? Yes, according to our patrons and new clients. The meat we used is imported and most of our raw materials. They come from the US, Canada and EU. The wood is also carefully handpicked and tested to achieve satisfaction guarantee from our valued clients. 10. What made me decide to put up this particular kind of offering rather than other cooked food products? When did you start offering smoked ribs? What are the feedbacks of

your

patrons so far? American Style of BBQ is something that is missing here in CDOC. To be able to stand out from the oversaturated food market I searched from a unique niche. I also wanted to introduce a different kind of BBQ method. From the get-go, we launched the smoked beef ribs as we know it’s something CDOC does not offer yet from any of the restaurants. So far we have overwhelmingly positive feedback from the locals and even the expats who know the real taste of smoked meats back in the US. 11. Where does the name Macho Jefe come from? Macho Jefe came from a mere observation of the city, which has a significant meaning in Kagay-anon's daily routine. We

noticed that most people here in CDOC are into staying physically fit, thus the term MACHO. The term JEFE is a Spanish word which means the maestro, manager, boss or someone who is in authority. We evaluated the name and it suits perfectly right with our theme: peculiar and catchy. 12. Any plans to put up a physical resto soon? As much as we want to, the market now is too unpredictable and volatile because of the pandemic. Seeing from the success of many small businesses that launched online and operated within their home, we can only make do of what’s the most ideal set-up for now. In the future, we will review our plans and see which is the most viable for the business.

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Leadership in schools REBECCA B. TRABADILLO Head Teacher I Tagoloan National High School

EDUCATIONAL leadership is the process of enlisting and guiding the talents and energies of teachers, pupils, and parents toward achieving common educational aims. Certain obstacles of educational leadership can be overcome. A selfassessment technique can help examine equity and justice that affects student diversity, especially with selection of candidates. Educational leadership draws upon interdisciplinary literature, generally, but ideally distinguishes itself through its focus on pedagogy, epistemology and

human development. In contemporary practice it borrows from political science and business. Debate within the field relates to this tension. Numerous educational leadership theories and perspectives have been presented and explored, such as: (a) instructional leadership; (b) distributed leadership; (c) transformational leadership; (d) social justice leadership; and (e) teacher leadership. Researchers have explored how different practices and actions impact student achievement, teacher job satisfaction, or other elements related to school improvement.

Moreover, researchers continue to investigate the methodology and quality of principal preparation programs. Leaders in schools use a range of data management methods and technologies to manage school staff and resources efficiently. School leadership is second only to teaching among school-related factors in its impact on student learning. School leadership roles include responsibilities that encompass both leadership (such as goal-setting or teacher evaluation) and management.

DIRECTORY

Urges... from page 6

up Step 1 or have not gone through our house-to-house [registration] to register online.] Desierto said there are two ways to accomplish the Step 1 registration, the faceto-face registration which was conducted by PSA through going from house to house from January to May this year, and the online registration. He said the face-to-face registration was only done to prioritized citizens in the hinterlands of the city and the province of Lanao del Norte who do not have access to online transactions. Among the communities included in the house-tohouse Step 1 registration were those in 23 barangays in the city, to wit, the entire area of barangays Digkilaan, Rogongon, Bunawan, Kabacsanan, Bonbonon, Hindang, Mandulog, Lanipao, Mainit, Tipanoy, Abuno, Panoroganan, Kalilangan, Dulag, Upper Tominobo, Ditucalan, Pugaan and Upper Hinaplanon, and a part of barangays Sta. Elena, Kiwalan, Dalipuga, San Roque and Buru-un. Desierto also said that citizens who have not been part of the face-to-face registration must undergo the online registration through https://register.philsys.gov. ph and shall be subject for an appointment which can probably be scheduled starting September of this year. “As of now, kung magvisit ka sa portal, dili pa jud ka makaset og schedule kay dili pa available ang registration centers dinhi sa Lanao del Norte kay limited pa ang registration kits mao nang dili pa mi makacater og online registrants. Mahitabo na siya nga pwede na makaset og appointment schedule para sa mga nag-online probably by September. Dili pa sad namo mahuman og cater ang gi-Step 1 sa June to August nga duration,” he said. [As of now, if you visit the portal, you cannot set a schedule yet because the registration centers here in Lanao del Norte are not available as registration kits are just limited, that is why we cannot cater yet to online registrants. Scheduling of appointments will happen probably by September. We

The new and first-ever esplanade in Mindanao opens in Brgy. Santiago, Iligan City through the Department of Public Works and Highways (DPWH) - Lanao del Norte 2nd District Engineering Office and Lone District Congressman Frederick Siao. (PIA-ICIC)

Iligan welcomes Mindanao’s first-ever esplanade By CLAIRE GIGJE

ILIGAN CITY--The city now has its own esplanade, the first-ever in Mindanao, showcasing the beauty of Mandulog River. This, after the Department of Public Works and Highways (DPWH) - Lanao del Norte 2nd District Engineering Office through the effort of City Lone District Congressman Frederick Siao inaugurated and officially opened the newly built Mandulog River Esplanade project situated in Barangay Santiago Tuesday, July 13. “With the opening of this world-class recreational park, we expect to see great things happening here in Iligan. We urge Iliganons to take advantage of this infrastructure project to adapt to a more active lifestyle, to establish better businesses, to build stronger relationships, and ultimately to elevate Iligan City to greater heights," said District Engineer Alykhan Ali. Siao highlighted that the effort is not yet over though the inauguration has already transpired as the place can be still developed and upgraded involving the whole stretch of Mandulog and Hinaplanon bridges down to the coastal road. “Hopefully, we can promote this. This can

cannot also finish catering people done with Step 1 from June to August duration.] Meanwhile, PSA-Lanao del Norte Chief Statistical Specialist Osler Mejares assured the public that despite not being prioritized immediately, they should not worry as the government will still carry on its operation until a great percentage of the population will be registered. “Amidst the pandemic, the agency finds a way to implement this project. We may limit the number to be catered for a day or we set instructions as to who and when to cater to the registrants, but this is just for the safety of everyone... There is nothing to worry

be another ‘come on’ for visitors coming from Cagayan de Oro... Dako kaayo ang potential aning lugara nga posibleng daghan mahitabo [This place has a big potential that a lot can still happen],” he said. With the P46,575,000-worth project turned over to the barangay local government unit for their administration and monitoring, Brgy. Santiago expressed their delight as they finally welcomed the completed city attraction. “Nagmarka kini sa history sa Brgy. Santiago kay niabot gyud among pangandoy nga maopen na siya. Dako kaayo ang pasalamat sa barangay council, sa katawhan sa Brgy. Santiago nga naa kini nga proyekto kay mapasaka niini ang ekonomiya sa Iligan City, ilabina usab sa panginabuhian sa Brgy. Santiago,” said Brgy. Santiago Captain Felipe Villaver Jr. [This marks the history of Brgy. Santiago because our ever-longed dream which is that this would be opened has finally come. The barangay council and residents of Brgy. Santiago are thankful because this project is here and this will alleviate the economy of Iligan City, especially the livelihood of Brgy. Santiago.] (CRG/PIA-10/ICIC Lanao del Norte)

about. The law aims to register all the Filipinos so even not prioritized these past few weeks, you can still be able to register as we will continue our operation until almost all the residents of this country have been registered to have their own IDs,” he said. (CRG/PIA-10/ICIC Lanao del Norte)

Floods... from page 1

a narrow road alle y. Ja b a g at s a i d Z on e 1 has over 500 shanties living beside the river in Tablon. “O n ly t h o s e w h o s e hous es w it h t wo f lo ors did not evacuate but they were only fe w,” he told

MindaNe ws by phone. City Social Welfare and Development Department chief Teddy Sabugaa Jr. said 299 families sought s h e l t e r a t t h e Ta b l o n g ymnasium. Sabugaa said they have l i ste d fou r h ou s e s t h at were totally damaged and 38 par tially damaged. He s ai d at l e a st 4 0 0 hous es or shanties were totally soaked by the f lo o d waters t hat s ome residents described as “neck-deep.” In B arangay Ip onan, Ja b a g a t s a i d t h e y a l s o implemented a preventive evacuation of 22 families living beside the river to Bulao Elementary School.

A PUBLIC SERVICE BY:

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Against... from page 2

For Carlo’s 26th birthday on October 8, she was planning a surprise celebration as it will be his first birthday since they got married. Despite her husband’s death, she will still encourage their son to enter the Army as it was Carlo’s dream. Honors Deputy Speaker and Cagayan de Oro City 2nd District Rep. Rufus Rodriguez filed a resolution urging the House of Representatives to honor soldiers who died or were injured. In a statement on Wednesday, Resolution No. 1957 stated soldiers should be honored as heroes because they were “on their way to Sulu to join the fight against terrorism”. "They were to be deployed with the 11th Army Division in the province to be in the frontline in fighting the Abu Sayyaf kidnap-for-ransom EXTRAJUDICIAL SETTLEMENT WITH DEED OF SALE KNOW ALL MEN BY THESE PRESENTS: That the late WILMER IGOY APOSTOL, who died on September 28, 2019 in Cagayan de Oro City, that the deceased died intestate without will or testament, and without any outstanding debts in favor of any person or entity; that during the lifetime the deceased was the owner of the property with Transfer Certificate Title No. 137-2015001004 situated in Bellevue Carmen, Cagayan de Oro City, containing an area of 140 square meters, and has been the subject of an EXTRAJUDICIAL SETTLEMENT WITH DEED OF SALE, filed by the heirs of WILMER IGOY APOSTOL, in favor of SPS. JIMMY and DINAH APOSTOL, per DOC #211; PAGE #43; BOOK #17; Series of 2021 under the Notarial Registry of ATTY. AL PONCIANO R. DATU.

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WED-THU|JULY 16-17, 2021

group," he said. Four of the victims were from Cagayan de Oro. In another resolution, Rodriguez asked his colleagues to likewise give recognition to Patikul residents, mostly Tausugs, who helped rescue and recover the dead and injured. The Tausug villagers were doing their midday prayers when the crash jolted them. “Almar Hajiraini Aki, a 12th grader at the Sulu National High School, said that he, together with some friends, rushed to the crash site and when they got there, they saw some soldiers sprawled on the ground, found some of them alive, and they were able to help three soldiers,” Rodriguez narrated. Tausug militiamen also took at least 20 soldiers to safer grounds. Citing testimonies from soldiers who sur vived, Rodriguez said they “saw civilians running toward them and dragged them out of the burning plane”. (PNA) DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: That the late SOCIRO MAL-ING, at the time of his death left a certain parcel of land with Original Certificate of Title No. AO-6221, situated Lot 3902, Cad 867, Manolo Fortich Cadastre, containing an area of ONE HUNDRED SEVENTY TWO THOUSAND SIXTY EIGHT square meters (172,068 sq.m.) and has been the subject of an DEED OF ABSOLUTE SALE, filed by the heirs of SOCIRO MAL-ING, in favor of CEFERINO G. BORJA, MA. ANA G. BORJA, THEIZA VERDIJO, ROMEO SUELLO, Per DOC #379; PAGE #76; BOOK #XIII; Series of 2007, under the Notarial Registry of ATTY. NEIL Y. PACAMALAN. BWM: July 16, 23 & 30, 2021

DEED OF EXTRAJUDICIAL SETTLEMENT WITH ABSOLUTE SALE

BWM: July 16, 23 & 30, 2021

EXTRA-JUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

That the late MOISES B. TAGADAN, who died in Cagayan de Oro City on August 1, 2006 and GRACIA C. TAGADAN, who died in Cagayan de Oro City on February 21, 2007 without any will and testament; the said deceased Moises B. Tagadan and Gracia C. Tagadan at the time of their death left a parcel of land with Transfer Certificate of Title No. T-3713 situated in Cagayan de Oro City, Island of Mindanao, containing an area of FOUR HUNDRED TWELVE (412) SQUARE METERS, more or less, and has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE, filed by the heirs of MOISES B. TAGADAN and GRACIA C. TAGADAN, per DOC #382; PAGE #77; BOOK #54; Series of 2021 under the Notarial Registry of ATTY. JOHN MARK CO MARQUINO.

That the late RAYMUNDO V. SERIÑA who died on 12 August 1975 at Cagayan de Oro City; and CONCORDIA VACALARES who died on 18 January 1944 at Opol, Misamis Oriental, that said deceased died intestate, without a Last Will and Testament and without any outstanding debts in favor of any person or entity; that the deceased left among others, the following real property with OCT No. 8876 situated the Barrio of Opol, Municipality of Cagayan de Oro, containing an area of THREE THOUSAND ONE HUNDRED AND NINETY (3,190) square meters more or less, and has been the subject of an DEED OF EXTRAJUDICIAL SETTLEMENT WITH ABSOLUTE SALE, filed by the heirs of RAYMUNDO V. SERIÑA, in favor of SYDNEY GAISANO & LYNN JENNIFER GAISANO, per DOC #358; PAGE #72; BOOK #31;Series of 2019 under the Notarial Registry of ATTY. MARIA LEONITA Q. GO.

BWM: July 2, 9 & 16, 2021

BWM: July 16, 23 & 30, 2021

KNOW ALL MEN BY THESE PRESENTS:

Vision... from page 1

who wou ld ot her w ise continue to smoke to move away from cigarettes as quick ly as possible a nd switch to a better alternative,” PMFTC’s President Denis Gorkun said. During a media briefing last May, PMI’s new CEO Jacek Olczak said PMI is focused on developing, scientifically substantiating, and responsibly commercializing smoke-free products that are better alternatives to smoking, with the aim of replacing cigarettes as soon as possible. “I am humbled and excited to lead PMI as we accelerate our transformation into a smoke-free company,” Olczak said. Latest estimates showed that there are 17 million Filipino smokers in t he Ph i l i p p i n e s a n d m o r e than 117,000 Filipinos die each year due to smoking related disease. The quit rate, however, stagnates at 4 percent since 2009. “PMI is an industry leader in scientif ic innovation, and our ambition is that more than half of our net revenues will come from smoke-free products in 2025. Our evolving portfolio will

drive our long-term future,” Olczak added. IQ OS de v ic e s u s e a patente d He at C ont rol ™ Technology that precisely heats, w it hout burning, tobacco-filled sticks wrapped in paper called HEETS™ to release a water-based aerosol. Unlike cigarettes, IQOS does not burn tobacco and therefore produces no smoke and no ash. A growing consensus among public health experts concludes that burning or combustion, not nicotine, is the main cause of smokingrelated diseases and deaths. Gorkun noted that heated tobacco products are not risk free and that the best option for smokers is still to quit cigarettes and nicotine products. He, however, said that “for adult smokers who would otherwise continue to smoke, non-combustible alternatives like IQOS are better options.” PMFTC’s heated tobacco products were initially made available in Metro Manila last year through the IQOS. COM website, the IQOS Stores located in major shopping malls, and select tobacconists/retail stores. Currently carried by select 7/11 branches in the National Capital Region, the heat sticks will also be available

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE KNOW ALL MEN BY THESE PRESENTS: I, KARELL ANN R. APOSTOL, widow, of legal age, resident of Valencia, Bukidnon, hereby freely and voluntarily declare and state that: 1. 2. 3. a. 4.

I am the legal and sole heir of the deceased WILMER I. APOSTOL who died on September 28,2019 at J.R. Borja General Hospital, Cagayan de Oro City (the “Deceased”); The Deceased died intestate, without leaving any Last Will and Testament, and without any outstanding debts; The Deceased left the following property, to wit: Bank account SA # 003220107820 maintained with Cagayan de Oro – Carmen branch of BDO Unibank Inc (Bank), in the amount of P1,097,062.24 plus interest accruing; Pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, I do hereby adjudicate unto myself the above described property.

IN WITNESS WHEREOF, we have hereunto set our hands this day of JULY 15,2021 at CAGAYAN de Oro City.

at select branches in South and Central Luzon by end of July. IQOS devices and heat sticks are only for adult consumers 21 years old a nd above who w ish to cont inue using tobacco products or other nicotinecontaining products. The IQOS e-commerce website requires age verification upon entry, while presentation of a valid ID is required upon delivery of the product to the consumer.

Guarantee... from page 1

pay their exposure,” but for now, they don’t need to make any deposit for prudential requirement yet. To illustrate, Descanzo indicated that if a DU has its supply portfolio covered by 95-percent contracts; then the prudential guarantee it will need to put up in the WESM shall just be the corresponding amount it will need for its 5.0-percent exposure in the spot market. “That’s what we relaxed in the rules for WESMMindanao, so we will now just bank on their actual payments during the billing periods,” he emphasized. On plant dispatch conformance, Edward O l m e d o, m a n a g e r f o r operations planning and modeling of IEMOP, has stated that there will be “slightly different compliance mechanism” to be temporary enforced for WESM trading participants in Mindanao. Under prevailing rules for the WESM in Luzon and Visayas grids, generators offering their capacities in the spot market are just DEED OF EXTRAJUDICIAL SETTLEMENT BETWEEN HEIRS WITH DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: That the late WILFREDO J. ELLEVERA, died intestate and without leaving a will on April 11, 2017 at Taparak, Alubijid, Misamis Oriental, at the time of his death, left certain real property with Transfer Certificate of Title No. T-32169 situated in the Barangay of Taparak, Municipality of Alubijid, Province of Misamis Oriental, Island of Mindanao, containing an area of THREE HUNDRED SIXTY ONE (361) square meters, more or less, and has been the subject of an DEED OF EXTRAJUDICIAL SETTLEMENT BETWEEN HEIRS WITH DEED OF ABSOLUTE SALE, filed by the heirs of WILFREDO J. ELLEVERA, in favor of JANETH LYNE ELLEVERA MAGALLANES, per DOC #285; PAGE #57; BOOK #17; Series of 2020 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM: July 16, 23 & 30, 2021

allowed dispatch tolerance conformance of 1.5-percent upwards; and 3.0-percent downwards. “And why do we set that tolerance? Because we don’t want generators to overdeliver since that will also increase the amount that we will be paying them. That is to ensure that they cannot game the market and they won’t also be risking the integrity of the grid,” Olmedo expounded. And given that MindanaoWESM is still traversing through its birth pains, Olmedo reiterated that “we slightly deviated from that, so we have a new mechanism for dispatch conformance,” although he qualified that within the prescribed threemonth transition, that shall be evaluated if the proposed policy is too strict or too lenient. “We don’t want to impose immediate penalties if the participants wouldn’t be able to comply. At the same time, we don’t want to be very tolerant also,” he said. Olmedo added “we really have to discover in actual if that is already appropriate. Then t he confor mance mechanism we will implement will be used by PEMC (or the Philippine Electricity Market C or p oration as the governance body of the WESM) for subjecting generators to investigation.”

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

DEED OF EXTRA-JUDICIAL SETTLEMENT OF REAL PROPERTY KNOW ALL MEN BY THESE PRESENTS: That the late BIENVENIDO PEÑAESCOCIA who died intestate and leaving a certain parcel of land with Original Certificate of Title No. P-19,010 situated at Butadon, Kapatagan, Lanao del Norte, containing an area of THIRTY THOUSAND EIGHT HUNDRED EIGHT (30,808) SQUARE METERS, and has been the subject of an DEED OF EXTRA-JUDICIAL SETTLEMENT OF REAL PROPERTY, filed by the heirs of BIENVENIDO PEÑAESCOCIA, per DOC #400; PAGE #80; BOOK #XLI; Series of 2021 under the Notarial Registry of ATTY. NESTLE S. AGOPITAC. BWM: July 16, 23 & 30, 2021

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WED-THU|JULY 16-17, 2021

Dance... from page 4

each day with a fresh, new choice to change. But life is short, so do what you need to do today! Jesus made it clear: the way we live now determines where we live forever after we die—with Him or without Him. Only the Creator of life knows the “right steps” to the dance of life. Won’t you ask Him to take full charge of your heart and daily way of living? He will lead and teach you how to “dance,” that is, fully live each day the right, satisfying way He designed you to live both now and forever. Just think a minute.

Wave... from page 4

of my second wave is the podcast “ Leaders In Action” that I and my former boss, Mr. Aibee Cantos created and launched last May 2021. As part of our advocacy, this weekly program aired via FB and YouTube aims to support the agency leaders in the life insurance industry. We saw a strong need but there’s no available platform. So we created the opportunity where insurance leaders can listen, share and learn from each other. We are just in our first 3 months and already we have reached out to as many leaders out there. Who would have thought that I will still be a social media personality in my late 50s? But opportunities are limitless for those who seek and create. I am so excited about how we can still grow and expand the program in the future. Continue what you do best and be relevant. There are tons of ideas that we can work on when deciding on our second wave. But it’s always wise to choose something where you can continue doing what you do best and stay relevant. With my solid experience in leadership and management, I know that this is the area w h e re I c an i n f lu e n c e the most. My newspaper columns usually have this as my subject matter. Our podcast is all about agency leadership. It’s also important that I stay relevant. When I decide on what article to write, I always ask myself “Can my readers identify or relate to what I will be sharing? Will they take home something after they read my article?’ It’s only then that I believe my column is able to serve its purpose. When we produced our 2021 calendar, we were doing it only for my Davao-based colleagues. But it generated so much interest that we were distributing it across the country. My friend in the US even bought 25 pieces. What made our calendar differently? It was very relevant as it featured t he dif ferent s cenar ios during the pandemic. It’s something that they can keep as memorabilia of the covid-19 pandemic. We followed the same when we decided to come up with the podcast “Leaders in Action”. With the expansion thrust

of the insurance industry, there is a strong need for qualified agency leaders. Our program is designed to support this objective. Observe. Be attuned with what’s happening around you. That’s how I stay relevant. Prepare way ahead for your second wave. The need for the so-called second wave usually happens when you plateaued on your current job/ position or when you retired. But whenever or however it happens, we must always be prepared for it. My second wave was borne out of my voluntary early retirement. Based on my experience, the second wave always involves change, a paradigm shift, and discomfort during the transition phase. How little or big the discomfort depends on how well you have prepared for it. First, you have to be physically fit for it. A number of those who are still finding their second wave got sick because they stopped being physically active. Either you continue the physical activity that you are used to doing or making time to do the right amount of physical activities. Avoid having a sedentary life. Second, you have to condition your mind for a new routine and schedule of activities. Sudden change in routine or inactivity can cause mental stress. Doing something new and out of your comfort zone can cause fear and anxiety. Find something productive to do so you keep your mind busy and preoccupied. An idle mind is the seat of everything bad and sad. And lastly, you have to be financially prepared. Whether your second wave is meant to generate income or to pursue advocacy, financial preparation is needed. Not everything works out as you have planned. A big factor why I was able to find and smoothly transition to my second wave was because I did not have to worry about the financial aspect of what am doing. I do what I do now because I want to and not because I need to. I am so thankful and feel blessed that I have found my second wave. It has given me a new purpose and a different appreciation of myself. It has given me a different kind of freedom and a sense of satisfaction. One year done… and looking forward to where my second wave will take me farther down the road. Are you ready for your second wave?!

Simple... from page 4

Remember what our Lord said about the kingdom of heaven. He went as far as to say that it is for little children precisely because of their simplicity: “Suffer the little children, and forbid them not to come to me. For the kingdom of heaven is for such.” (Mt 19,14) We need to devise an interior mechanism, more spiritual than material, to keep ourselves like children even as we grow in worldly knowledge and skills, and prone to thinking that we can already live by ourselves, independently of God. This mechanism can i n c l u d e a ny t h i n g t h at fosters our presence of God all throughout the day, the practice of rectifying our intention and relating everything that we do to God. We have to break the barrier of awkwardness and incompetence in this regard. We actually have the means. What’s missing is our will to use this mechanism.

Exports... from page 3

quarter of the year due to subsiding restrictions and fiscal stimulus packages of governments around the world. Among the sectors that are expected to c ont i nu e t h e i r g row t h include pharmaceuticals, communication and office equipment, minerals, and agri-food. (PNA)

NGCP... from page 3

firm or non-firm basis is not a solution to the recurring brownouts in the country. Almeda said NGCP has a “supply and not a distribution problem.” “For the grid to effectively address imbalances between supply and demand, we need to increase the power capacity of the country to meet rising demand as we start to recover and fully reopen the economy,” he added. The statement said “very little progress” has been made in developing new energy sources as existing power facilities age and outputs decline. The annual power consumption in the Philippines is expected to grow by 14.09 percent from pre-coronavirus disease 2019 (Covid-19) levels in 2019 to 2021 when economic activity

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is expected to catch up and normalize. NGCP is a Filipino-led, privately owned company in charge of operating, maintaining, and developing the country’s power grid, led by majority shareholders and vice chairman of the board Henry Sy Jr. and co-vice chairman Robert Coyiuto, Jr. (PNA)

Landbank... from page 5

and verification of client information. She added the SCWs also help to ensure the strict observance of social distancing and health protocols during the registration process and opening of accounts. Landbank’s ABCs can be used by Philsys ID holders to withdraw cash at ATMs and point-of-sale (POS) cash-out terminals, shop online and perform cashless transactions, as well as receive any government subsidy digitally, Borromeo said. The card is also contactless enabled, which means it can be used for “tap” payments, such as for the Automated Fare C ollection System (AFCS) that the government plans to roll out for public utility vehicles (PUVs). As for the bank’s other d i g it a l t r a n s f or m at i on initiatives, Borromeo reported that since November 2018, a total of 1,602,567 accounts were opened through the bank’s Digital Onboarding System (D OBS), w hich includes accounts opened for clients of the Overseas Filipino Bank (OFBank), a Landbank subsidiary. For the month of May 2021, accounts op ened reached 67,889, or higher than the 59,961 accounts opened in the previous month, Borromeo said. Borromeo also said there was a sustained increase in the number of transactions using the Landbank Mobile Banking App from 26.01 million transactions last May 2020 to 38.85 million in May 2021. The total amount of transactions via the app of P60.92 billion is 157 percent higher compared to the amount in the same period last year, she said. S i g n e d i nt o l aw by President Rodrigo R. Duterte in August 2018, the PhilSys

Act aims to establish a single national ID for all Filipinos and resident aliens. The national ID shall be a valid proof of identity that shall be a means of simplifying public and private transactions, enrollment in schools, and the opening of bank accounts. It also seeks to boost efficiency, especially in dealing with government services where people will only need to present one ID during transactions. (PR)

Review... from page 5

regulators, including the Bangko Sentral ng Pilipinas and the S ecurities and Exchange Commission (SEC), to push through with the merger. BPI, which will be the surviving entity after the merger, announced its plan to absorb BFSB in January. The plan was approved by a quorum or at least two-thirds of BPI’s stockholders in April. The listed lender said they expect the SEC to approve its Amended Articles of Incorporation for the merger by October. The merger will be effective upon the SEC’s

issuance of the Certificate of Merger or by Jan. 1, 2022. Central bank data showed BPI’s total assets stood at P1.947 trillion as of end2020, making it the country’s fourth-biggest lender in terms of assets. Meanwhile, BFSB’s total assets totaled P286.299 billion at end-2020. BPI’s net income decreased by 21.64% to P5 billion in the first quarter from P6.381 billion a year earlier. This was pulled down by declining revenues amid a lower net interest income. The listed lender’s shares closed at P85.25 apiece on Tuesday, down by P2.05 or 2.35% from its previous finish.

TITLED FARM LAND FOR SALE Location: Talakag, Bukidnon Price: P800,000/hectare only Details: * Along barangay road * Around 600 meters from national highway * Slope type land * Total area: 17.2 hectares For more details pls contact the Owner @ * 0926-823-3766 * 0949-134-6078

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SM Uptown launches PSA Office for the National ID System

Mayor Oscar Moreno leads the registration process during the launching of the PSA Office for the National ID System at SM City Cagayan de Oro. The registration site is located at the third level of the mall and is open from Monday to Saturday, 10:00AM to 7:00PM