BusinessWeek Mindanao (July 23-24, 2021)

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Volume XII, No. 19

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Briefly Loan program

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Fri-Sat|July 23-24, 2021

WHILE THE travel industry continues to be squeezed by coronavirus-prompted restrictions, two of Samal island’s pioneer prime resorts have adopted changes to cater to the transformed tourism landscape.

Chema’s By The Sea, for one, has tapped Discovery Hospitality Corp. (DHC) for its allied services on reshaping operations given new health protocols and service standards.

DHC provided Chema’s owner, Poseidon Holdings Corp., with expert guidance on modifications for food and beverage, using information technology and digital marketing, human resources, housekeeping, and operational management.

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Govt set to award rail project mngt contract D

AUTHORITIES are considering the creation of a dedicated loan program for microfinance non-government organizations to boost lending to small businesses.

In a reply to questions from the Philippine News Agency (PNA), the Bangko Sentral ng Pilipinas (BSP) said another option they and the Philippine Guarantee Corp. are looking into is subsidizing the surety fees of all loans endorsed through the Credit Surety Fund.

“These measures aim to broaden support for the microfinance and MSME (micro, small, and medium enterprises) sectors, which are severely affected by the Covid-19 pandemic,” it said in an e-mail.

Prime resort

We strive for Excellence!

Philippine Press Institute Civic Journalism Community Press awardee for the following: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting 2018 Best in Business and Economic Reporting

By ANTONIO L. COLINA IV, MindaNews

AVAO City– Transportation Secretary Art Tugade said on Tuesday that the government aims to award the contract for the project management consultancy services of the Mindanao Railway Project (MRP) to the winning bidder next month.

MORO FASHION DESIGNER. Twenty-nine Moro women aged 15 to 62 learn fashion designing during a workshop under John Phillip Oliver, BARRM regional head of Philippine Fashion Coalition, in Datu Hoffer Ampatuan, Maguindanao on Thursday (22 July 2021). The workshop is part of the efforts of the Peacebuilding Project of Islamic Relief Worldwide to build community livelihood centers. mindanews photo by jules l . benitez

Birthday party caused spread of 4 of CDO’s 5 confirmed Delta variant cases

By FROILAN GALLARDO, MindaNews

FOUR of the five COVID-19 Delta variant cases in Cagayan de Oro could be traced to a birthday party on June 18, according to Dr. Joselito Retuya, chief epidemiologist at the City Health Office.

Retuya first made the announcement during the city government’s daily press conferences last Monday, wherein he said he presented the information to the visiting

members of the National Inter-Agency Task Force, which included Secretary Carlito Galvez Jr. and Health Secretary Francisco Duque III. Retuya said that the “common index case” of the four Delta variant cases resides and works in Manolo Fortich in Bukidnon but came to Cagayan de Oro on June 18 to celebrate his birthday

with his family. His wife and three children, along with two extended family members, are residing in an apartment somewhere in Barangay Carmen because the wife works in the city.

Retuya said the index case, a 39-year-old male, already had complaints about his health at that time but ignored the symptoms while celebrating his birthday. He stayed with his family for two PARTY/PAGE 9

Mindanao Railway illustration from the www.build.gov.ph website

Tu g a d e s a i d i n a n interview over Davao City Disaster R adio (D CDR 8 7 . 5 ) o n We d n e s d a y that the Department of Transp or tation (D OTr) is currently undertaking

activities in preparation for the construction of the railway project, including t h e c on c lu s i on of t h e procurement of consultancy services.

CONTRACT/PAGE 11

‘Kalabasa’ new source of hope for farmers in Agusan Sur village

By CHRIS V. PANGANIBAN, MindaNews

SAN LUIS, Agusan del Sur– Farmers in the interior village of Nuevo Trabaho here are pinning their hopes for the future on the livelihood

potential of the lowly kalabasa (squash).

Already, a one-hectare mo del communa l far m HOPE/PAGE 9

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FRI-SAT|JULY 23-24, 2021

BARMM execs to hold first-ever governance summit Friday

C

OTABATO City – Final preparations are underway to hold the first-ever Bangsamoro Governance Summit here on Friday.

In an interview here Thursday, lawyer Naguib Sinarimbo, interior minister of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and concurrent regional spokesperson, said local chief executives from across the region are expected to attend the event under strict health protocols.

“The threat of coronavirus

disease (Covid-19) persists so we have to come up with the stringent protocols,” Sinarimbo said, adding that those attending the summit will have to present documents showing they are fully vaccinated.

He advised participants without vaccination to submit themselves to reverse transcription-polymerase chain reaction tests before they will be permitted entry.

“The same protocol is also being required to members of the media who would cover the summit,” he said.

Expected guests and

participants to the summit include Senator Juan Miguel Zubiri and the governors of the five province components of the BARMM, among others.

Sinarimbo said physical distancing will be observed at the venue of the 400-seater Shariff Kabunsuan convention center inside the BARMM compound here with a twometer seating arrangement apart for the participants.

Before the event, Sinarimbo said a series of pre-summit meetings were held for the BARMM provinces of Maguindanao, Lanao del Sur,

Sulu, Basilan, and Tawi-Tawi.

During the pre-summit meetings, the local government units (LGUs) presented their proposed programs and projects for inclusion in the region’s priority Projects Program Activities (PPAs) for the fiscal year (FY) 2022.

“The LGUs’ proposed priority projects and programs for FY 2022 were consolidated and deliberated, and the output will be presented in the governance summit,” Sinarimbo said.

Also up for discussion is the current response of the region

against Covid-19.

“We are all aware of the existence of the Delta Covid-19 variant and we must also prepare the region against it,” he said.

Sinarimbo said Friday’s summit aims to further foster unity among the LGUs in implementing the different programs for the benefit of the people in the region.

BAMM covers the cities of Marawi, Lamitan, and Cotabato; the provinces of Maguindanao, Lanao del Sur, Sulu, Basilan, and Tawi-Tawi; and also the 63 villages in six towns of North Cotabato. (PNA)

US-donated J&J vax arrives in BARMM

BONGAO, Tawi-Tawi – The first batch of the US-made Janssen vaccine has been deployed to the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

A total of 3.2 million doses of the US-donated vaccine through COVAX

Facility arrived last week.

A total of 30,000 doses of the single-shot vaccine arrived in Tawi-Tawi on Monday that will be rolled out in the municipalities of Sitangkai, Turtle Island and Mapun Island.

Another 30,000 doses have also been delivered

to the island-province of Basilan.

National Task Force Against Covid-19 chief implementer and vaccine czar Secretary Carlito Galvez Jr. said out of the 10 million doses of vaccines received by the national government this

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

month, more than 300,000 doses have been allocated for BARMM. The shipment will be composed of 150,000 doses of Janssen vaccine, 19,500 doses of COVAX-donated AstraZeneca, and 130,992 doses of Sinovac.

“Our commitment

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

to COVAX and the US government is that the vaccine supply, particularly Johnson & Johnson will be deployed equitably to all regions. The first deployment in BARMM is particularly intended for geographically isolated islands and those communities living in our borders and along the boundaries of the Philippines,” Galvez said.

“Priority should really be given in these areas. Our development partners like UNICEF, who have seen first-hand the difficult situation in BARMM, have also given the same recommendation.

And we are happy to share the same views and approaches on how these vaccines should be deployed,” he added.

In a directive released by the National

Vaccination Operations Center, the latest vaccine supplies to arrive in the country will be used for the remaining unvaccinated A2 (senior citizens) and A3 (persons with comorbidities) groups in geographically-isolated and disadvantaged areas (GIDAS).

BARMM Health Minister Basharay Latiph, said the rollout of the Janssen vaccines will begin immediately after the Eid'l Adha.

The vaccines, he said, will be distributed to the island provinces beginning July 21, adding that vaccinators from the BARMM Ministry of Health will also be sent to the areas to administer the shots.

“The deployment of these life-saving vaccines is a great gift to our Muslim brothers and sisters as they celebrate the Eid'l Adha. We will see to it that the allocated vaccines will be fully distributed to all areas in the BARMM within the week,” Galvez said.

In coordination with the Western Mindanao Command, 40,000 doses of the Janssen vaccine allocated for Sulu will be deployed on July 20 through a military aircraft.

Galvez said additional vaccine doses would be shipped to the BARMM in the coming weeks.

Protection of vulnerable, border communities As part of preventive measures being implemented by the government with the detection of the first Delta variant cases in the country, the NTF has called on all local government units and national government agencies to strengthen border control measures across the country particularly in the BARMM, which shares sea borders with Malaysia and Indonesia.

Galvez said along with this measure, there is a need to accelerate the rollout of the immunization program in DONATED/PAGE 11

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FRI-SAT|JULY 23-24, 2021

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True friends say what's true Thin k a minute… The former U.S. president, Harry Truman, had a reputation for being an honest and loyal friend no matter what the cost. One of Truman’s friends, Tom Pendergast, helped Truman win his first election to public office as a county judge. However, Truman did not always agree with his friend’s crooked way of doing business. One time a group of dishonest businessmen wanted Pendergast to influence his friend Judge Truman, but Pendergast replied: “Truman always stays true to his honest character and principles. There is nothing I can do to tempt or make Truman cheat or do anything dishonest.”

Eventually Pendergast was put in jail for the crime of tax evasion. Years later when Truman was vice-president of the U.S., Pendergast died.

Yet Truman still flew across America for the funeral.

He said: “Even though we disagreed, we were still friends.”

True friendship is not based on what a friend does for you, but on what

THINK A MINUTE

JHAN TIAFAU HURST he means to you, even if you disagree with him and disapprove of his ways. True friends say what’s true—even if it hurts, because they care about what is right and best for your life. “A true friend gets in your way, if you’re going down the wrong road.”

A proverb says: “Faithful are the wounds from a friend.”

Just like a doctor sometimes must cut you to heal and save your life.

“True friends stab you i n t he f ront” — b e c aus e they want to save you from worse problems and pain.

Love does not lie, because “Truths that are kept silent become poison.” We all have things in our character we TRUE/PAGE 11

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FRI-SAT|JULY 23-24, 2021

Vaccine inequity undermining global economic recovery

COVID-19 vaccine inequity will have a lasting and profound impact on socio-economic recovery in low- and lower-middle income countries without urgent action to b o ost supply and assure equitable access for every country, including through dose sharing, according to new data released today by the United Nations Development Programme (UNDP), the World Health Organization (WHO) and the University of Oxford.

An acceleration in scaling up manufacturing and sharing enough vaccine doses with low-income countries could have added $38 billion to their GDP forecast for 2021 if they had similar vaccination rates as high income countries. At a time when richer countries have paid trillions in stimulus to prop up flagging economies, now is the moment to ensure vaccine doses are shared quickly, all barriers to increasing vaccine manufacturing are removed and financing support is secured so vaccines are distributed equitably and a truly global economic recovery can take place.

A high price per COVID-19 vaccine dose relative to other vaccines and delivery costs – including for the health workforce surge – could put a huge strain on fragile health systems and undermine

routine immunization and essential health services and could cause alarming spikes in measles, pneumonia and diarrhea. There is also a clear risk in terms of foregone opportunities for the expansion of other immunization services, for example the safe and effective rollout of HPV vaccines.

Lower income countries need timely access to sustainably priced vaccines and timely financial support.

These insights comes from the Global Dashboard for COVID-19 Vaccine Equity, a joint initiative from UNDP, WHO and the University of Oxford’s Blavatnik School of Government, which combines the latest information on C OVID-19 vaccinat ion with the most recent socioeconomic data to illustrate why accelerating vaccine equity is not only critical to saving lives but also to driving a faster and fairer recovery from the pandemic with benefits for all.

In some low- and middleincome countries, less than 1 per cent of the population is vaccinated – t his is contributing to a two-track recovery from the COVID-19 pandemic. “It’s time for swift, collective action – this new COVID-19 Vaccine Equity Dashboard will provide Governments, policymakers and international organizations with unique

insights to accelerate the global delivery of vaccines and mitigate the devastating socio-economic impacts of the pandemic.”

According to the new Dashboard, which builds on data from multiple entities including the IMF, World Bank, UNICEF and Gavi, and analysis on per capita GDP growth rates from the World Economic Outlook, richer countries are projected to vaccinate quicker and recover economically quicker from COVID-19, while poorer countries haven’t even been able to vaccinate their health workers and most at-risk population and may not achieve pre-COVID-19 levels of growth until 2024.

Meanwhile, Delta and other variants are driving some countries to reinstate strict public health social measures. This is further worsening the social, economic and health impact, especially for the most vulnerable and marginalized people. Vaccine inequity threatens all countries and risks reversing hard won progress on the Sustainable Development Goals.

Vaccine inequity is the world’s biggest obstacle to ending this pandemic and recovering from COVID-19. Economically, epidemiologically and morally, it is in all countries' best interest to use the latest

NUTS & BOLTS

JEROME DE LA FUENTE

available data to make lifesaving vaccines available to all.”

Designed to empower policy makers and development partners to take urgent action to reduce vaccine inequity, the Global Dashboard breaks down the impact of accessibility against a target for countries to vaccinate their at-risk populations first to reduce mortality and protect the health system and then move on to vaccinating larger shares of the population to reduce disease burden and re-open socio-economic activity.

The Dashboard is facilitated by the Global Action Plan for Healthy Lives and Well-being for All (SDG3 GAP), which aims to improve collaboration across the multilateral system to support an equitable and resilient recovery from the pandemic and drive progress towards the health-related VACCINE/PAGE 11

Man at work and money at work: How to do both GROWING up, the only way I know how to earn money is by working. Either one gets employed or one puts up a business. In most of the families I know back then, the only source of income was the MAN AT WORK, referred to as the breadwinner. During that time, double-income families were not yet common.

The father was usually the breadwinner. Meanwhile, the mothers helped by running the household and/or doing buy and sell activities to add to the family’s income. Everyone was busy working on their office jobs or businesses to earn and support their families. And they did just that. They were able to put food on the table, send their children to school, and afford them some leisures. Having someone (breadwinner) in the family with a good and stable job almost guarantees a comfortable life for the family members.

Ever ything was okay unt i l t he man at work (breadwinner) stops working.

Three reasons which may cause this: he gets sick, he retires (or loses employment/ business) or he dies. When any of these 3 happens, the family’s financial means are adversely affected for sure.

I saw these happened to the people I know. When one of our relatives was forced to return from his overseas employment because he got very ill and was not able to

get another employment, they had to rely on whatever savings they had to fend for the family. From having a very comfortable life which most OFW families enjoy, they had to live a very modest life just so they can stretch their savings for his medication.

As no other substantial income was coming in to replace what’s being spent, their savings were gone way much faster than they built it.

The same thing happened to our family friend who worked for 3 decades in a government agency. When he retired, he and his wife had little savings and had to rely on his GSIS pension to pay for their monthly rentals and bills, medications and to support their child’s family. Now, we all know that a government pension is not enough. Sad to see that already in their 70’s, they both still have to do some menial jobs to augment their monthly pension. And then, there’s this girlfriend of mine who lost his husband two years ago.

Her husband was the sole breadwinner of the family.

Savings was not enough so she had to transfer her two kids to another school, move to a smaller apartment and ask help from her parents while she looks for a job.

The above are just some of the realities we have to face when the only source of income in the family stops.

When the man at work stops working, it’s as if the family has to stop living as well. But should this really be the case?

I am blessed and lucky that I landed a job in the life insurance industry which introduced me and gave me access to the other source of income — MONEY AT WORK. I learned that while the man at work is the biggest income source especially during the early years of our working life, it should not always stay that way. There should come a point when you are able to put a portion of the money you earned into financial instruments that can earn money for you, even without you working on them.

This is what we call money at work. Thanks to this, while me and my husband were earning from our respective jobs, our money was also working and earning for us.

There are various ways how our money can work for us. Here are the most common.

Money in the bank. We earn interest income from our money in the bank. Interest income comes from lending money. It’s what we get when we put money in the bank because technically, we are lending our money to the bank when we deposit it.

The bank, in turn, loans our money to other borrowers who pay back with interest too. We get a portion of that interest. The longer the bank

MINDFUL

JAY LEDESMA is able to loan out money, the higher the interest they can give us. That’s why the interest rate for a 3-month time deposit is lower than a one-year TD. Just by putting our money in a bank savings instrument, it’s earning interest income for us. This was my first money-at-work instrument.

Later on, I discovered that there are other alternative investment instruments that can better cater to our long-term requirements. We were introduced to mutual funds, the investmentladen insurance products called Variable Unit Link (VUL), and stocks trading.

These instruments, aside from providing a higher yield, also offer diverse funds, more flexible asset allocation, and management and the expertise of a Fund Manager. But when going into these instruments, always be mindful to be clear with your investment objective (why and what are you investing WORK/PAGE 11

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FRI-SAT|JULY 23-24, 2021

P36-M annual damages estimated

Rats threaten viability of Mindanao broadband network T

By MIKE BAÑOS

HE continued rollout of the national broadband network in Mindanao is being threatened by rats.

During the 126th Regional Development Council-X Full Council Meeting held virtually on 24 June 2021 via Zoom, Parasat Cable TV President and CEO Elpidio M. Paras reported that rat bites have been delaying the rollout of the broadband network between Cagayan de Oro to Davao.

Parasat is one of several telecommunications and Internet Service Provider (ISP) firms currently renting the utility poles of BUSECO and FIBECO to securing their fiber optic lines and equipment which are a vital infrastructure for the country’s ICT network.

“We are under contract with the Department of Information and Communications

Technology (DICT) Region X in building, maintaining and monitoring their internet access equipment which are now providing FreeWifi services to many municipalities, hospitals and State Colleges and Universities in Bukidnon.

The fiber optic lines are our main cables which carry high speed internet connectivity to several sites in Bukidnon province,” Paras explained.

“Since last year, we have had several instances where our fiber optic lines were chewed, cut and affected by rodents (rats) which use the palm oil branches for access. In fact, late last year, we had to replace a 20 kilometer stretch of very expensive fiber optic cable which the rodents chewed on in at least 30 locations in Impasug-ong municipality alone,” he added.

Initially, Parasat were able to get permission

to trim palm tree branches which in contact with the power and telecommunications lines. Estimated costs for repair and downtime every instance the lines were cut have now grown to millions of pesos.

However, Paras said within a week’s time last March, two events of rat bites on the 96F Fiber Mainline between Cagayan de Oro and Davao were again experienced.

“Our Maramag-Davao link went down on March 20, 2021 around 9:30 PM. Our response team traced the fault line at Brgy. Loriga, Kitaotao, Bukidnon beside Phoenix Gas Station and Seagull Resort. It is 117 meters from Enclosure 23 going to Maramag where rats chewed a portion of 96 Fiber core cable,” he reported. “It took the company 46 hours to replace the cable and enclosure to restore the link at an estimated cost of P350,000.”

Barely a week later, the Davao Monitoring Hub reported that the Cagayan de Oro to Davao line was down around 5 AM. The response team found damaged fiber cores at crossing going thru the National Highway at Impasug-ong, Bukidnon.

This time, the damage was repaired after 9.5 hours at a total cost of P320,000.

“In summary, the latest downtime cost our company P670,000.00 in less than a week,” Paras said. “Such a high incidence of fiber cuts due to rodent infestation is now becoming a major problem just for our operations between the Cagayan de Oro-Davao leg."

In the latest reported incidents on July 21, two fiber cut incidents were observed on CDO -Gingoog and CDO to Davao main fiber transport lines. One was caused by people cutting overgrown bamboo trees THREATEN/PAGE 11

Fiber break caused by rodents chewing through the 96 core fiber cable near Quezon, Bukidnon.

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A Brown files shelf registration of 50-M shares

A

BROWN Co., Inc. has filed for the shelf registration of 50 million cumulative, nonvoting, non-participating, and nonconvertible pesodenominated perpetual preferred shares, along with an offer supplement for its initial P1.5-billion offering.

The company on Wednesday said it submitted a registration statement to the Securities and Exchange (SEC) on Monday. It is subjected for the commission’s review and approval.

The 50 million offer shares will be sold in tranches within three years from the effectivity of its registration statement.

For its first tranche, the company will sell 10 million preferred shares for P100 each, with an oversubscription option of up to five million preferred shares to raise as much as P1.5 billion.

A Brown aims to use proceeds from the first tranche to support the development of its real

estate projects in the pipeline, landbanking activities, funding for subsidiary Irradiation Solutions, Inc., and for other general corporate purposes.

“It is in a position to venture into pockets of growth areas as seen in the current thrust to supply the necessary housing inventory to address the backlog in the economic and socialized segments,” A Brown said in a statement.

The company is planning to allocate as much as P600 million for its property developments in Tanay in Rizal, Bukidnon, Butuan City, Misamis Oriental, and Cagayan de Oro. It added that it has eight ongoing projects in Cagayan de Oro and Butuan City, with 17 more in the pipeline covering 400 hectares.

Meanwhile, up to P400 million will be spent on landbanking initiatives in Tanay, Rizal, Cagayan de Oro City, Butuan City, and Bukidnon.

My 5-yr JOURN-ey EREN J. YOBERO T-I, Aloran Trade High School Division of Misamis Occidental

Not even in my imagination that somehow my childhood dream would came back running after me.

2016 when the office laid my biggest responsibility at work, that is being a school paper adviser. The task was heavy as a rock but I took it a challenge. From then, I underwent series of trainings for refresher in order to prepare the school organization for a series of competitions as well.

This year is my 5th year being the school paper adviser of my school.

I never thought that number 5 accompanies 5 meaningful learning on me. As a matter of fact, my journey in Journalism started when my first child arrived.

So when I would celebrate my son’s birthday, it also means a celebration of my JOURNALISM journey.

The 5th meaningful thing I have this year is learning to balance my work and home.

For the past five years, it was never easy to balance my work and family. But this did not happen all the time, mostly those 11th hour preparation only. During competitions, I had to extend hours at work in order to meet the demands of the higher office. Even if that means sacrificing something like time to attend my son in times of sickness The 4th meaningful learning is the importance of administrative support. I am very grateful that my head

teacher, colleagues of Aloran Trade High School and my school principal, are very supportive to provide all the demands of the organization.

If without their support, every sacrifices and hard works would be gone vain.

It is a realization that even if the task is difficult, it will become easy because we are being supported.

The 3rd meaningful realization I have this year is the importance of the collaborative efforts of the rest of the coaches.

Helping each other is very important to make things happen. The recent Regional Schools Press Conference on school papering made me cry because of some circumstance I cannot explain.

The 2nd meaningful lesson is the wealth behind health. November 2019 was when I got hospitalized from a regional contest because of stress. It was a compelling fact that as a school paper adviser, I have to sacrifice everything that even includes my own health.

F i n a l l y, t h e f i r s t meaningful lesson this year is how precious the life of my student-writers. Each year unfolds with new beginnings and new writers. This year’s virtual commencement made me miss them.

My 5 years in this journey is a compilation of history.

Well, it all began with a vision to write and broadcast…once my childhood dream, now my present job in teaching.

“Landbanking is focused on areas where the company has local presence and a competitive advantage.

Properties adjacent completed and ongoing projects will support expansion phases,” A Brown said in its offer supplement.

“The company is also looking into new areas where it can consolidate sizable portions to come up with integrated mixed-use developments,” it added.

The company currently has 293 hectares in its land bank.

Should the company need additional capital to fund land acquisitions, it plans to tap internally generated funds and credit lines from local banks.

Around P350 million from the proceeds will be allocated for the funding requirements of Irradiation Solutions, A Brown said. The subsidiary is developing its Tanay Multipurpose

FRI-SAT|JULY 23-24, 2021

Irradiation Facility Project, which is aimed to be the first commercial E-Beam irradiation facility in the country.

The company

assigned PNB Capital and Investment Corp. as the sole issue manager, lead underwriter, and sole bookrunner for the transaction.

Imported vehicle sales up 55% in first half of 2021 SALES of imported vehicles in the country improved by 55 percent to 30,153 units in the first half of the year from 19,509 units in the same period in 2020, the Association of Vehicle Importers and Distributors (AVID) reported Monday.

In a statement, AVID president Ma. Fe Perez-Agudo said the industry has been recovering from the impact of strict lockdowns due to the pandemic and forecast better prospects ahead.

“It has been an uphill struggle for the automotive industry, more so among importers, but the recent numbers are encouraging.

As our nation progresses towards achieving herd immunity, the automotive industry has proven resilient and poised to emerge stronger than ever,” Perez-Agudo said.

AVID reported that all vehicle segments grew double digits in the January to June 2021 period.

Sales of passenger cars went up by 26 percent to 7,707 units this year from 6,128 units a year ago.

Light commercial vehicle sales increased by 64 percent to 21,684 units from 13,244 units.

Commercial vehicle sales surged by 456 percent to 762 units from

137 unit sales in 2020.

Sales for June 2020 alone rose 33 percent to 4,936 units in the first semester of the year from 3,698 units sold last year.

Passenger car sales increased by 13 percent to 1,350 units, light commercial vehicle sales grew by 44 percent to 3,556 units, while commercial vehicle sales declined by 17 percent last month, it said.

“With better prospects ahead, we will continue to give our best to ensure the complete recovery of the industry. This much, we owe the Filipino people,” Perez-Agudo added. (PNA)

BPO office demand grows 160%, strong indicator of recovery THE Philippine office market appears ready to take off and resume its pre-pandemic growth trajectory, according to a study by Leechiu Property Consultants (LPC).

Demand for office space nationwide grew by 38 percent from 122,000 square meters (sqm) in

the first quarter of 2021 to 169,00 sqm. in the second quarter.

Office demand is the highest it has been since the start of the pandemic, LPC chief executive officer David Leechiu said.

As of the first half of 2021, demand is now at 291,000 sqm.

Teachers: As Classroom Managers By: MERCY M. BALOLONG Teacher 3 Diego Tuastomban Elementary School Litapan, Ozamiz City District-4 Ozamiz City Division

With the advancement of technology, affordable android gadgets such as mobile phones, tablets and others, 21st Century learners are mostly inclined to do online gaming and others.

Some are less interested unto academics specially reading and written activities for they find it boring. Thus, as classroom managers, teachers should see to it, that learners are well provided with enjoyable, fun and updated manipulatives to surpass the level of technology.

How can it be possible to attract learners? How can they divert their selves to do well academically despite of the rivalry between gadgets and b o oks? C lassro om management is the answer.

Teachers are classroom managers. Teachers have the power to direct each learner to what is good and

right inside the classroom.

Teachers should always be firmed in every decision, strict in disseminating rules but with a kind heart to one and all.

Making habitual activities such as: singing action songs, reciting poems and verses, dancing and exercising are simple ways to make learning an enjoyable one. Providing more attractive and durable learning materials, allowing them explore in their own through experiment and observation and letting them manipulate things while learning are better ways to eradicate their longings to open android phones and other gadgets.

All of these practices are simple ways to navigate learners into the right path of success.

A hand salute for teachers: as classroom managers!

“This is already 75 percent of demand for the entire 2020. There is no doubt that the Philippines is back on the radar of global occupiers,” Leechiu said.

Even more significant is that the business process outsourcing (BPO) industry accounted for 92,000 sqm. or 54 percent of second quarter 2021 demand.

It grew by 160 percent from the first quarter’s

35,000 sqm. “driven by economic stability in the West”.

“Even if they were relatively quiet in 2020, BPOs are back,” Leechiu said. “The same fundamentals that attracted BPOs to the Philippines during the financial crisis of 2008 are once again working for us.”

Investor sentiment has improved with the rollout of coronavirus disease DEMAND/PAGE 11

Motivation: An Essential Part of the Lesson By: MARQUIEL D. MANALILI Teacher 3-Libertad Elementary School Dumingag 1-Division of Zamboanga Del Sur

To arouse the curiosity of our learners, teachers should consider their likes and interest before presenting the lesson proper. Motivation is the part wherein teacher must be aware of the different l e ar ne r’s i nte re st s and capabilities.

For some pupils, they mostly love to do playing, like guessing games and puzzles while others are not.

Let us always remember the diversity of learners inside our classroom so that we can cater all their different needs and interests.

Why do we need to motivate first our learners?

Is it really a need to do it just to follow the steps in the lesson planning? These are simple queries that allow us to think how vital motivation

is.

Motivation is not only a part of the strategy being used in the lesson neither used just follow the steps properly. Rather, it is the simplest way to activate the tiny cells of learner’s body and brain.

This, so called “motivation” allows the p upi l s t o w i d e n t h e i r imagination, to develop and visualize the lesson and to ignite their interest to participate well in the discussion.

It a ls o helps to get the maximum learner’s participation and cooperation. With this, learning is fun and enjoyable In realty, motivation plays an important role and it is an essential part of the lesson.

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FRI-SAT|JULY 23-24, 2021

7

Banking&Finance

DOF chief sees ‘pretty good’ Q2 GDP growth

I

MPROVEMENT in the employment situation is expected to make the country’s second-quarter economic growth “pretty good”, Finance Secretary Carlos Dominguez III said.

In an interview over Bloomberg TV on Wednesday, Dominguez declined to give specific figures, saying he is “not big on predictions” but cited the drop in unemployment and underemployment last May. “The fact that we’ve created about two and a half million new jobs over

the last year seems to be good signs for us,” he said.

Philippine Statistics Authority (PSA) data show that the labor force participation rate last May improved to 64.6 percent from the previous month’s 63.2 percent.

Employment rate increased to 92.3 percent in May from last April’s 91.3 percent, while the underemployment rate declined to 12.3 percent from 17.2 percent.

Unemployment rate thus went down to 7.7 percent from 8.7 percent.

Authorities have attributed the increase in

RESPECT: An Act of Goodness By: MARIETA L. JAVANES Teacher 2-Sinusa Integrated School District 10-Ozamiz City Division

What comes to our mind when we hear the word respect are the beautiful actions done like pagmamano, saying po at opo, using polite words when talking to people specially elders. These are wonderful learning taught during elementary years or even at home by the parents.

How about in today’s generation? Is respect being internalized? Do 21st century learners show respect to their parents, teachers and elders?

Maybe some but others are not.

Can you cite simple situation showing disrespect?

L i ke mu r mu r i ng up on hearing your name being called for a household chore for example is a common one. Like talking back to one another with high temper resulting to a chaotic incident. These instances are very common at home or even in school.

As young individuals for today’s 21st century, please help in advocating goodness by showing respect at all times.

employment rate to the continued re-opening of the economy which allows more workers to land a job.

The second-quarter gross domestic product (GDP) report is scheduled to be released on August 10.

In the first three months of 2021, the country’s GDP posted a contraction of 4.2 percent, better than the -8.3 percent in the previous

quarter.

Economic managers’ growth target for this year ranges between 6 percent to 7 percent, while it is 7 percent to 9 percent for next year and 6 percent to 7 percent for 2023-2024.

With the pandemic still expected to linger, Dominguez said it is important to continue to remain “fiscally responsible.”

“We want to make sure that we have enough

resources to tackle any problems in the future, such as surges in the pandemic. We also want to make sure that we have enough money to protect our citizens and that is providing them with enough vaccines,” he said.

Dominguez said the government’s USD3trillion borrowing program for this year, same as last year, would remain to be primarily sourced domestically at

around 75 percent.

The balance would be tapped overseas “depending on the situation in the market”, he said.

“We’re keeping ourselves open to financing from domestic or international sources.

And essentially it’s going to be the same amount,” he added.

To date, the government has issued GROWTH/PAGE 11

Loan program for microfinance institutions being studied AUTHORITIES are considering the creation of a dedicated loan program for microfinance non-government organizations to boost lending to small businesses.

In a reply to questions from the Philippine News Agency (PNA), the Bangko Sentral ng Pilipinas (BSP) said another option they and the Philippine Guarantee Corp. are looking into is subsidizing the surety fees of all loans endorsed through the Credit Surety Fund.

“These measures aim to broaden support for the microfinance and MSME (micro, small,

and medium enterprises) sectors, which are severely affected by the Covid-19 pandemic,” it said in an e-mail.

Authorities recognize the importance of helping small businesses, especially during the pandemic, as they account for about 99 percent of businesses in the country.

Amid this volume, some small business owners still find it difficult to get a boost from financial institutions due partly to such requirements as identification cards of owners and lack of assets that could be used as collateral.

The sector is also

considered a risky segment to lend to because of the lack of information about its credit score.

The BSP, however, said the banking sector remains supportive of the MSME sector during the pandemic despite the drop in bank lending growth since December 2020.

This was after the central bank implemented, for a certain period, a policy that allows banks’ MSME lending as compliance with the reserve requirements. This is aimed at ensuring that small businesses remain afloat to help sustain economic activities.

Central bank data

showed that loans extended to small businesses in line with this policy averaged at PHP143.8 billion as of the reserve week ending on Dec. 17, 2020.

The BSP said with the continued easing of movement and the rollout of the vaccination program against the coronavirus disease 2019 (Covid-19), “we expect that more industries will soon re-open, thereby supporting economic recovery.”

“This will also be coupled (with) the stimulus measures implemented by the Philippine government,” it added. (PNA)

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FRI-SAT|JULY 23-24, 2021

NNC X leads 2021 Nutrition Month celebration

T

HE National Nutrition Council (NNC) regional office X is spearheading the yearly celebration of National Nutrition Month here in Northern Mindanao.

The Nutrition Month campaign with the theme: “Malnutrisyon patuloy na labanan, First 1000 Days tutukan!” is an institutionalized campaign that offers an opportunity for various stakeholders to come together to inform about the most relevant nutrition issue in the Philippines.

This year, the call to action is: “By working together, we can end all forms of malnutrition.

Let us scale up critical actions in the first 1000 days of life!” Its accompanying key messages: ABAKADA which means Alagaan ang mga buntis, Breastfeeding kay baby, Komplementary feeding na sapat and Dapat lahat suportado ang PPAN. It is backed up by the following laws: RA 11148, RA 11210, RA 10410, RA 10028, RA 8976, RA 8172 and EO 51.

The first 1,000 days of a child is important because it is when health, nutrition and development foundations are established such as optimum growth and development, higher IQ and reduced deaths, among many others.

In this important period, scaled-up interventions for pregnant and lactating women should be in place, followed by exclusive breastfeeding of a newborn until he/ she is six months old, and then continued breastfeeding with appropriate complementary feeding for infants six months and older.

Based on the 2020 Operation Timbang (OPT) Plus of Region X, report showed that about 8 out of 100 (37,620) children below 5 years old are stunted or heightfor-age is below the standard, 3% or 15,988 are underweight, and 2.2% or 11,140 are wasted or thin for their height. Aside from undernutrition, overnutrition is also a public health concern.

There are 5,027 (1%) overweight children below 5 years old, and 3,288 (0.6%) are obese. OPT Plus is the annual weighing and height measurement of all preschoolers 0-59 months old or below five years old in a community to identify and locate the malnourished children.

In the 4-year trend of the nutritional status of children below 5 years old from 2017-2020, underweight is decreasing consistently from 4.5% to 3.6%, same with stunting it went down to 7.6% from 8.9% in 2017. For

other indicators, the trend is fluctuating but results showed in 2020 report that wasting prevalence slightly decreased to 2.3% from 2.6% in 2017. There is also a slight decrease on the overweight prevalence, 1.7% in 2020 compared to 1.9% in 2017.

On infant and young child feeding status, the 2019 Expanded National Nutrition Survey (ENNS) of the Department of Science and Technology – Food and Nutrition Research Institute (DOSTFNRI) result showed that Misamis Oriental ranks highest on timely breastfeeding initiation. Bukidnon is highest among the provinces on timely introduction of complementary food, while Misamis

Occidental top the survey on the percentage of children that receive minimum acceptable diet.

Different stakeholders at the community level play various roles in addressing malnutrition.

DILG Memorandum Circular 2018-42 enjoins all LGUs to prioritize in their allocation of local funds the PPAs included in their local nutrition action plans formulated in accordance with the PPAN 2017-2022.

On the other hand, the national government strengthens policies and programs in scaling up nutrition interventions.

The private sector, too has a role to act by creating an enabling work environment for maternal and lactating women.

Civil society can lobby and

work with government in strengthening efforts to combat malnutrition.

Meanwhile, the academe may ensure to insert nutrition in their curriculum.

At the family level, parents or guardians can practice good nutrition in their respective households. Moreover, parents should make sure that children 6-23 months old received appropriate complementary foods.

And lastly, the media can disseminate factual information on good nutrition through print, television, radio, digital and other platforms.

In this pandemic year, families had limited access to food, ayuda food items were insufficient to meet nutritional needs, there were interruptions of nutrition programs and services, maternal

health services were affected and physical inactivity and unhealthy behaviors increased.

Thus, PPAN 2017-2022 programs such as Infant and Young Child Feeding, Integrated Management of Acute Malnutrition, National Dietary Supplementation Program, Nutrition in Emergencies, National Nutrition Program for Behavior Change, Mandatory Food Fortification, Micronutrient Supplementation and Overweight and Obesity Management and Prevention Program are being continued to meet the emerging needs.

Nutrition Month 2021 is observed throughout July in activities such as integration of nutrition in 4Ps family development sessions, strengthened digital campaigns, broadcasting Nutrition Month plugs on air and TV infomercial, I-Flex mo si Nanay!

Photo Contest, F1K Short Filmmaking Contest: Level Up! Also, the ongoing Tutok Kainan Dietary Supplementation Program which provides additional nourishment to 3,382 pregnant women in in all barangays of the eight (8) identified recipient local government units of Bukidnon.

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FRI-SAT|JULY 23-24, 2021

Party... from page 1

more days before going back to Bukidnon.

In the household who celebrated his birthday with him were six family members: his 35-year-old wife, 14-yearold son, 12-year-old daughter, five-year-old son, 62-year-old mother-in-law, and the latter’s 61-year-old sister.

Up on ar r iv i ng i n Bukidnon, the index case initially underwent rapid antigen test and was found to be reactive, Retuya said.

While under isolation, he was swabbed for reverse transcription-polymerase chain reaction (RT-PCR) test, and the positive result came out the next day.

His family, meanwhile, started having symptoms in the next few days.

“There was cough, loss of smell, colds, fever, sore throat,” Retuya said, adding that they all stayed at home at that time and the wife did not report for work.

They were brought to a city isolation unit (CIU) on June 26, and swabbed on June 28, the results coming out in the evening.

Five were found positive of COVID-19, with only the daughter found negative, Retuya said. Subsequent testing by the Philippine Genome Center (PGC) at the University of the Philippines in Manila showed that the wife, the 14-year-old son, and the two senior citizens were positive of the Delta variant, he added.

But Retuya pointed out that the samples taken from the five-year-old son and the only daughter did not undergo genome sequencing to test for 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

EXTRAJUDICIAL SETTLEMENT WITH DEED OF SALE

variants, and so was their father’s. The PGC usually only does random tests for the various COVID-19 variants because of the more rigorous process involved and it has limited capacity.

All five positives in the household were later “certified recovered” from COVID-19 and ordered to go home, but then the Delta variant test result came.

Retuya said they were instead transferred to a D e p ar t m e nt of He a lt h (DOH) isolation facility, and reswabbed by the DOH. They turned out positive, but the health official said they still have to show the results to infectious disease specialists who will finally decide if they are indeed already recovered or not.

Meanwhile, the fifth Delta variant case, a married 32-year-old male hospital wor ke r w h o w a s f u l l y vaccinated with Sinovac in March and April, first noticed mild symptoms on June 26.

Retuya hinted that the hospital worker, who is in the dietary department, could have been infected while going around the hospital brinGing food to patients.

R e tuy a s ai d he w a s swabbed on June 28, then transferred to a CIU after he was found positive. He was certified as recovered on July 9 and sent home to finish his quarantine there.

But when the Delta variant result came, he was extracted from home and transferred to a DOH isolation facility on July 16.

He was swabbed on July

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

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. BWM: July 16, 23 & 30, 2021

BWM: July 16, 23 & 30, 2021

Hope... from page 1

de velop e d by t he lo c a l electricity consumers group called Multi-sectoral Electrification Advisor y C ou n c i l ( M SE AC ) h a d recently produced some 7,000 kilos of the highlynutritious vegetable.

The farmers were encouraged to grow the crop after the Agusan del Sur Electric Cooperative (ASELCO) assured them of help in getting fair market prices from local traders in neighboring Bayugan City.

They have so far planted squash on at least 15 hectares of individual farms.

Melodina Pineda, MSEAC president in Nuevo Trabaho, said there are many potentials for processed squash products like flour, biscuits, candies and crunchy chips.

But she added that for now they are focusing on the production of nutritious squash cooked meals for feeding programs in the daycare center in Nuevo Trabaho and neighboring villages.

Arnie Arreza, ASELCO b oard memb er, s aid he will help the farmers in p r o c e s s i n g by p r o d u c t s to add value to their produce and generate more livelihood opportunities.

“The objective of

the rural electrification program is not only to e n e r g i z e t h e f a r- f l u n g villages but to let them ut i l i z e e l e c t r i c it y i nt o e c on om i c e nt e r pr i s e s ,” Arreza said.

He said the ASELCO board is closely coordinating with the Philippine Rural Electric Cooperative Association for a possible squash meal production s up p l y d e a l a f t e r t h e y learned during a meeting w it h top e xe c ut ive s of the Department of Social Welfare and Development about a P10-billion unused funds for the feeding program nationwide.

He said they have visited the Food Innovation Center of the Caraga State University in Butuan City where they saw some of the equipment that will be useful in processing food products from squash.

E ng i n e e r E m m anu e l Galarse, ASELCO general m a n a g e r, s a i d t h e i r office will work to access gover nment f unding to enable MSEAC members to produce more and acquire a pro cessing pl ant and equipment.

ASELCO said the proj e c t i s a l ive l i h o o d program spearheaded by the National C enter of Electric C ooperative Consumers Inc. – Agusan del Sur Chapter.

Other farmers who were encouraged to plant squash in at least one hectare of their farms would continue

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:

DEED OF EXTRAJUDICIAL SETTLEMENT WITH ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS:

persons would be given priority of the single-dose vaccine.

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

DEED OF ABSOLUTE SALE

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.

KNOW ALL MEN BY THESE PRESENTS:

17 and tested negative.

But upon testing his family, Retuya said the hospital worker’s four-yearold son and one-monthold daughter turned out positive of COVID-19 but all asymptomatic. Spared was his 35-year-old wife and six-year-old son.

Retuya, however, noted that all the family members’ samples did not undergo genome sequencing for the variant test.

Mayor Oscar Moreno, meanwhile, said that it is safe to assume that there is already community transmission of the Delta variant.

“We are preparing for a worst-case scenario,” the mayor said.

Emiliano Galban Jr., DOH-10 spokesperson, said some 26,000 vials of Johnson & Johnson vaccines – 10 doses per vial – arrived Tuesday for Cagayan de Oro and Gingoog cities.

Vaccine czar and IATF chief Carlito Galvez promised Mayor Moreno and Gingoog Mayor Erick Cañosa last Monday the government will send more of the single-shot vaccine if they can increase the vaccination in their respective cases.

A commotion happened at one of the vaccination centers in a shopping mall here Wednesday when people flocked as soon as they heard that health workers would be administering the Johnson & Johnson vaccine.

Moreno appealed for calm and assured that elderly

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

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

to grow in the next cropping season after getting a good yield last June.

Joseph Curato, president of Nuetra Micro Farmers As s o c i at i on , h ar ve s t e d 2,007 kilos in the initial harvest which he sold to a buyer in Bayugan City at P5.00 a kilo.

He said he would negotiate for P6.00 a kilo for the remaining produce.

He said prices of squash went higher last year at P13.50 a kilo in the wake of heavy demand from Luzon consumers who experienced supply shortage during the implementation of strict anti-COVID-19 measures. ( C h r i s V. Pa n g a n i b a n / MindaNews)

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 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

EXTRAJUDCICIAL SETTLEMENT OF ESTATE AND PARTITION KNOW ALL MEN BY THESE PRESENTS: That the late SPS. LEA G. IDULZA and FAUSTINO L. IDULZA and MARIA PORTIA G. IDULZA, single, and residing at Galope Compound, Balulang, Cagayan de Oro City, who died intestate, dated December 17, 2011, that on the death of the decedent they left a property lot, with TCT No. T-152270 situated at Galope Compound, Balulang, Cagayan de Oro City, containing an area of ONE THOUSAND ONE HUNDRED THIRTY (1,130) square meters, more or less, TCT No. T-152271 situated at Galope Compound, Balulang, Cagayan de Oro City containing an area of ONE THOUSAND EIGHT HUNDRED SIXTY FIVE (1,865) square meters, more or less, TCT No. T-77988 situated at Galope Compound, Balulang, Cagayan de Oro City, containing an area of TWO THOUSAND NINE HUNDRED NINETY EIGHT (2,998) square meters more or less, and has been the subject of an EXTRAJUDCICIAL SETTLEMENT OF ESTATE AND PARTITION, filed by the heirs of SPS. LEA G. IDULZA and FAUSTINO L. IDULZA and MARIA PORTIA G. IDULZA, per DOC #457; PAGE #91; BOOK #124; Series of 2020 under the Notarial Registry of ATTY. BUENAVENTURA E. SAGRADO. BWM: July 23, 30 & Aug. 6, 2021

10 DOST-X helps Mis. Occ. pizza store step up through sci-tech interventions T Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

FRI-SAT|JULY 23-24, 2021

O FULFILL their aspirations, D’Hermanos Pizza applied for the Department of Science and Technology’s Small Enterprise Technology

Upgrading Program (DOST-SETUP) in 2019.

The firm was located in Tangub City, Misamis Occidental, and started with humble beginnings.

In 2014, using conventional and manual production equipment, the firm started baking for family and closeknitted friends in small quantities, but orders kept

D'hermanos pizza

Mrs. Patrocenia Lanzado, owner of D'Hermanos Pizza with her production workers

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

pouring in for their pizza. Hence, the owner, Mr. Raymond Lanzado, with his wife, Mrs. Patrocenia Lanzado, decided to increase its production volume to cater to orders from the locals of Tangub City and tourists.

The increasing

JOB OPENINGS! OB OPTIMA BUILDERS CONSTRUCTION CORPORATION Purok 1, Tacub, Kauswagan, Lanao del Norte 9202

2 persons o TECHNICAL SUPERVISOR • Must know how to speak Mandarin • Must know how to ensure that all Equipment will pass under Philippine Code • Must know how to check all the Technical Report from all the Engineering Department

2 personso STRUCTURAL INSPECTION SUPERVISOR • Must know how to speak Mandarin • Must know how to interpret plans, blueprints, site lay outs, specifications and construction methods • Must know how to ensure compliance to legal requirements and safety regulations.

• Must know how to compute estimates of work completed or of needed renovation or upgrades and approve payment for contractors.

Interested applicant my contact Darlyne Dela Fuente –09655392144

number of customers propelled the owner to improve its production plan. The goal was to upgrade its production equipment, establish a Good Manufacturing Practice (GMP)compliant production facility, and acquire a License to Operate (LTO) from the Food and Drug Administration (FDA).

A month after its application, the firm received the DOST-SETUP assistance to realize its production plan as well as enhance its packaging and labeling.

Through SETUP, the pizza’s baking time was reduced from 20 minutes to 3 minutes, thus, increasing the firm's production volume from 3 to 100 pizza formulations per day with improved quality. The firm was also able to increase its productivity by 9% and hire 10 additional production workers.

With the increase in sales and demand, the firm opened a branch in Ozamiz

City.

“Salamat kaayo sa DOST, sa natabang sa pag improve sa among operation. Kung kami lang dili namo ma improve amo facility ug dali.

Salamat sa mga technology nga gihatag ug gishare ug Salamat sa technical na tabang kay na approve amo application sa FDA”. (We are grateful to DOST for helping us improve our operations. We cannot improve our facility this fast if we are only on our own. We are thankful for the technology and the technical assistance we received to have our FDA application approved.),” said Mrs. Patrocenia Lanzado, owner of D’Hermanos Pizza.

DOST-SETUP is a nationwide strategy encouraging and assisting micro, small, and medium enterprises to adopt technology innovations to improve their operations and thus boost their productivity and competitiveness.

(Rogelyn Calago, DOST-Misamis Occidental)

11

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FRI-SAT|JULY 23-24, 2021

Threaten... from page 5

on the CDO- Butuan highway, and the other was caused by rodents chewing thru the 96 core fiber cable near Quezon, Bukidnon.

“If the four other telco players which also have pole mounted cables are affected, around P3-million a month worth of repair and maintenance costs are estimated. In a year’s time, P36-million in damages caused by rodents which gain access via trees and other vegetation under power/ telecommunication lines is possible,” he stressed.

Parasat has requested Impasug-ong Mayor Anthony A. Uy for assistance and p e r m i s s i o n t o re m ov e palm oil trees and other vegetation currently growing underneath the power and telecommunications poles, cables and equipment along the National Highway in the municipality of Impasug-ong.

During its 126th RDC-X Full Council Meeting on June 24, 2021, the council endorsed for approval to the Presidential Office the “Policy Brief on Strengthening the Resiliency of Information and Communications Technology Fiber Optic Networks” presented by Karma Yasmin B. Ortiz, Economic Development Specialist II, ICT Sub-Sector C o ordinator, NEDA-X, InfraCom-X Secretariat.

True... from page 4

need to change, so sooner or later confrontation is necessary. A close, strong relationship only grows out of deep trust built on honest communication with each other. My friend needs to know I will always accept him, even if I do not approve of what he is doing.

But friendship is a twoway street and the truth cuts both ways. So we need to be willing to listen when a friend cares enough to confront us about something wrong in our life. One of the most important reasons God gave us friends is to help us grow and become more like Him in our character. Jesus is the best friend you will ever have. Won’t you ask Him to forgive you for your wrong ways of living, and to take full charge of your character and way of life? That is when He can start rebuilding you into the man or woman He made you to be. Just think a minute.

Work...

A property can be a house, land, apartments, building, vehicles, etc which earns you income because somebody else is using it. That’s why we always hear this sound advice from the learned investors, “Only put your money on properties that can potentially earn income for you.

Otherwise, you might just be acquiring a white elephant".

We invested in a townhouse and a condominium which served as our residence for some time and which we were able to rent out after.

That gave us a good steady stream of monthly income.

You can also experience a windfall income thru capital gains. When your assets increase in value and you’re able to sell them at the current market value, you earn what is called capital gains. This usually applies to real estate. I have a friend whose family is one of the landed clans here in Davao City. Just from the capital gains, the family earned when their properties were bought by the top condo developers, they need not work in their whole lifetime. A number of investors are purchasing pre-selling condos to realize capital gains when they are able to sell the finished product at a much higher price. We hope to realize some capital gains in due time.

My husband and I are now both retired. The man and woman at work in our family have stopped working.

But because we were able to put some money at work, we did not have to make a drastic change in our lifestyle.

We live comfortably…sakto lang (just enough)! And the best part of it all, we are even able to share and help.

You too can start building your money at work while the man is still at work.

Note that the operable word here is “build”. Very few can do this big overnight. But everyone can start small early on. What matters is your resolve, commitment, and discipline to start and stick to it. So that one day, when you decide to stop working, you can rely on your money to work and earn for you… and enjoy life to the fullest!

Vaccine... from page 4

SDGs. Closing the vaccine gap is required to put this pandemic behind us. The dashboard can help scale up and accelerate global delivery of vaccines by providing accurate, up-to-

date information on not just how many vaccines have been given, but also the policies and mechanisms through which we get them into arms.

Growth... from page 7

around PHP150 billion (USD3 billion) worth of dual tranche, 10.5-year and 25year US dollar-denominated bond; EUR2.1-billion multitranche, 4-year, 12-year, and 20-year global bonds; and JPY55 billion three-year zero-coupon fixed-rate yendenominated Samurai bond.

Dominguez said these borrowings help finance government programs this year, including the procurement of vaccines against the coronavirus disease 2019 (Covid-19).

He said nearly 30 million doses of vaccines have arrived in the country as of July 21 while around 70 million doses are expected in the third quarter and around 55 million doses in the last quarter.

“That’s certainly enough to vaccinate 100 percent of our adult population,” he said, adding the vaccination program is the government’s primary method of fighting the virus. (PNA)

Demand... from page 6

2019 (Covid-19) vaccines and the passage of Senate Bill 2232 which clarified tax concerns of Philippine Online Gaming Operators (POGOs).

With the reopening of international borders, POGOs are expected to revive their interest in the Philippine office market and further prime the country’s economic recovery.

All these events have aligned to supp or t the Philippine office market.

Its resurgence this quarter is a strong and clear indicator of recovery, the study said.

(PR)

Donated... from page 2

the provinces.

He said the deployment of the one-shot Janssen vaccines to the island provinces of Basilan, Sulu and Tawi-Tawi will significantly boost the vaccine program and will ensure the full protection of residents.

“Apart from strict border control, we must ensure the protection of Filipinos living in those islands because they are highly vulnerable to the disease particularly from the

from page 4

for?), time frame (when will you need the money? These are usually for the mid to long term), and risk appetite (how much loss can you tolerate?). We should also know when to get in and get out of the market. These have been our guides. So far, our investments have worked the way we intended them to. Some even during this volatile and challenging market environment.

Rental income is what we get from renting a property.

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threat of Delta variant coming from Sabah and nearby parts of Indonesia,” he said.

As part of the COVAXdonated supply, the Janssen vaccines are to be used to inoculate priority groups identified by the World Health Organization who are high risk and highly vulnerable to the disease.

In particular, the vaccines will be administered to healthcare workers (A1), A2, and A3 groups.

Over 113,000 jabs have already been administered in BARMM. Around 80,478 residents received their first dose while 33,085 individuals have been fully vaccinated.

(PR)

Contract... from page 1

Based on the General Bid Bulletin No. 202001 posted on the DOTr website on December 27, 2 0 2 0 , t h e d e p ar t m e nt , pursuant to the applicable executive agreements between the Government of the Philippines and the Government of the People’s Republic of China, intends to apply the sum of P3.094 being the approved budget for the contract to payments under the contract for the Project Management Consultancy Ser vices (PMCS) of the MRP Tagum-Davao-Digos Segment. Bids received in excess of the approved budget contract will be automatically rejected at bid opening.

The transportation chief said he is optimistic about the partial operability of the first 102-kilometer segment of the MRP, which will start from Tagum City, passing through Davao City, and then to Digos City, before the end of term of President Rodrigo R. Duterte.

The cost of the entire TDD line is pegged at P81.7 billion.

Last May, Engr. Neil Gabriel Bonto, MRP deputy project manager, said that the DOTr is committed to have a partial operability of the segment between Tagum City and Carmen, Davao del Norte, with a distance of 15 kilometers.

Tugade assured that the railway project would be pushed through.

He explained that the Philippine government is waiting for a list of three shortlisted bidders for the design and build f rom

the Chinese government b e f ore it c a n pro c e e d with “procurement and construction.”

“At present, we are just waiting for the shortlist of bidders for the design and build contract to be provided

by China. The process is that China will provide a list of three bidders and there will be a bidding among themselves. As soon as we receive it, procurement and construction will follow,” he said.

Tugade said they target to commence construction before the end of this year.

He said the agency is also undertaking the geotagging to locate the position of the railway path and completing the acquisition of the road right of way (RROW).

Atty. Clipton Solamo, DOTr-MRP project manager, said that the completion of the entire TDD line will take about 17 months, and may be fully operational by June of 2023.

The stations of TDD line will be located in Tagum, Carmen, and Panabo in Davao del Norte; Mudiang, Maa, and Toril in Davao City; and Santa Cruz and Digos City in Davao del Sur. Bonto said the units to be used for TDD line are dieseloperated but assured it would not cause any environmental problems related to smoke emission, assuring the public that the technology used is modern and similar to the ones used in some countries in Europe.

But he also noted that the project “has a provision for future electrification.”

D OTr said the TDD segment will reduce travel time from 3.5 hours to 1.3 hours between Tagum and Digos Cities and will provide “passengers safe, fast, and reliable transport options on the TDD commuter line.”

It is expected to serve approximately 134,000 riders a day by 2022, up to 237,000 by 2032, and 375,000 by 2042.

12

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FRI-SAT|JULY 23-24, 2021