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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 012


Market Indicators

As of 5:00 pm july 23, 2015 (thursday)



US$1 = P45.38



14 cents




Briefly Market information THERE is a need to know on market requirements and trends to stay relevant in the export business. This was emphasized by the officials of Department of Trade and Industry (DTI) Export Marketing Bureau (EMB) during an interview on 22 July 2015 prior to their Philippine Export Competitiveness Program (PECP) Information Session in Cagayan de Oro City the following day. Agnes Perpetua R. Legaspi, assistant director of DTI-EMB said the Info Session will be a venue to meet present exporters and “would be” exporters to understand market requirements and the opportunities that await them.

CDO housing projects VARIOUS government agencies and sectors ensured their support in the realization of Cagayan de Oro City government to harmonize and develop the housing projects in the city. The agencies and groups that attended in the Housing Summit on June 21 include PAG-IBIG Fund, Archdiocese of Cagayan de Oro Social Action Center, Federation of Local Government Unit Homeowners’ Association, Subdivision and Housing Developers Association, Social Housing Finance Corporation and more. City Mayor Oscar Moreno hopes that the partnership of these agencies and sectors will be strengthened to attain development in this aspect. He is also thankful to the Shelter and Housing Multi-Sectoral Task Force headed by Ramon Fernandez in partnership with the Habitat for Humanity, Presidential Commission for the Urban Poor, Archdiocese of Cagayan de Oro and Xavier University who took the initiative in conducting such activity.

2014 ppi’S Best in ENVIRONMENTAL Reporting

Brownouts caused by low water levels

Fri-Sat | July 24-25, 2015


By JUZEL L. DANGANAN, Philippine News Agency


INDANAO is gripped anew with rotating brownouts from 1-4 hours as water levels of the Agus-Pulangi dams plummet, the Mindanao Power Monitoring Committee (MPMC) said in a statement. ”Based on the latest monitoring of the MPMC, rotation brownouts for each Distribution Utilities and

Electric Cooperatives in Mindanao are averaging at one to four hours per feeder,” brownouts/PAGE 11

BDO completes buy-out of One Network Bank NO TO COAL POWER. Anti-coal marchers stop by GNPower in Kauswagan, Lanao del Norte, where a 540-megawatt coal plant owned by a subsidiary of Ayala Corp. is being constructed yesterday. The protesters started their 92-kilometer march from Maranding in Lala town, Lanao del Norte last Sunday and will end on Saturday in Kiwalan, Iligan City, where another 20-megawatt coal plant will also be built. mindanews photo by aubrey rocin llamas

‘Youth are talents waiting to be discovered’ – BMFI

ONE of the largest banks in Mindanao, One Network Bank Inc., has just been acquired by the Banco de Oro Unibank Inc. (BDO), also the largest bank in the country in terms of assets. The Sy-led BDO, in its disclosure with the Philippine

By BONG D. FABE, Contributing Editor

THE youth are so-called “roug h di amonds” just “waiting to be discovered” and polished to reveal their full value to nation-building. This was the message of both Mayor Oscar “Oca” S. Moreno and Balay Mindanaw Foundation, Inc. (BMFI) pi on e e r an d c h ai r m an emeritus Charlito “Kaloy” Z. Manlupig during the launching of the Leadership Communities (LeadCom

2015) at the Balay Mindanaw Peace Center recently. LeadCom, a program of Ayala Foundation that is being implemented in partnership with BMFI, CI Kagayhaan Gold, Ayala Young Leaders Alumni Association – Region 10, Ay a l a Bus ine ss C lub Cagayan de Oro, and the Local Government Unit of Cagayan de Oro, aims bmfi/PAGE 9

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

Stock Exchange (PSE), said it acquired ONB through share swap with the former issuing 64.5 million common shares to shareholders of one of the country’s largest rural bank. “BD O Unibank, Inc. (BD O) has successfully buy-out/PAGE 11

LGUs urged to draft plans for cacao industry By CARMELITO Q. FRANCISCO Correspondent

SUMILAO BROOMS. On both sides of the national highway in Sumilao, Bukidnon are stalls selling what are referred to as “Baguio brooms.” Choose plain or those with handles marked “Sumilao, Bukidnon” in red, green, yellow and blue. These made-in-Sumilao brooms are sold at 40, 50 and 60 pesos. mindanews photo by carolyn o . arguillas

DAVAO C it y - - L o c a l government units (LGUs) in Mindanao have been urged to draft cacao development plans, particularly those involving intercropping with coconut, to avail of the Mindanao Development Authority (MinDA)’s soonto-be-launched cacao doubleup program. Under the double-up program, MinDA will provide counterpart cacao seedlings that will match the program of an LGU, with municipalitylevel programs the priority. “This double-up mechanism will allow the beneficiaries to increase areas (that will be intercropped),” Romeo M. Montenegro, MinDA public affairs head, told BusinessWeek Mindanao. cacao/PAGE 11

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2013 ppi’S Best in Business and Economic Reporting


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fri-sat|July 24-25, 2015


ARMM further strengthens direct aid to communities M ARAWI City -- In a bid to address the remaining gaps and challenges on inequity in the deliver y of basic socio-economic services, the Autonomous Region in Muslim Mindanao (ARMM) has established a flagship direct assistance program dubbed as ‘Empowering the Bangsamoro Region through Active Community Engagements in the ARMM’ (EMBRACE-ARMM).

John Louie Balagot, the regional government’s deputy executive secretar y and concurrent program manager of EMBRACE-ARMM, said Regional Governor Mujiv Hataman has underscored the need to strengthen the ‘May K ka sa ARMM’ program, which was established in 2013, specifically to further improve the mechanisms and to optimize the achievement of its objectives of helping needy communities.

In June 2015, the Office of the Regional Governor created EMBRACE-ARMM through Executive Order No. 017. “The ARMM government is committed to empower its people and communities by providing access to basic social services,” said Balagot. The program comprises three key components namely education, medical assistance and livelihood. The scholarship program,

or Academic Investment for Muslim Mindanao commonly known in the past as ‘Iskolar: Para sa Pagbabago, Para sa Bangsamoro’, is among the direct assistance programs of the regional government to help underprivileged students pursue college degrees. “Education is one of the main thrusts of the reform agenda of the current ARMM administration and we would like to tell our constituents armm/PAGE 9

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

Active lifestyle prevents obesity, says health office MARAWI City -- Maintaining a physically active lifestyle prevents weight problems and obesity, according to health experts here. Dr. Alinader Minalang, chief of the Integrated Provincial Health Office (IPHO), said regular physical activity can help control weight and improve one’s health. He said increased physical activity is also recommended under the Philippine Plan of Action for Nutrition which aims to address the current prevalence of obesity among

children and adult. B as e d on t he l ate st nutrition survey of the Food and Nutrition Research Institute, the prevalence of overweight and obesity among adults in the country increased from 16.6 percent in 1993 to 31.1 percent in 2013. The number also went up for children, aged 11 to 19 years old, from 5.8 percent in 2003 to 8.3 percent in 2013. Among pre-school children, the prevalence has also gradually increases to 4.9 percent in 2013. obesity/PAGE 9

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Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

I am 32 years old. I was born and raised in Cagayan de Oro City, Philippines. I went to Corpus Christi School for elementary and high school then I graduated from Assumption fri-sat|July College, San Lorenzo 24-25, Village, 2015 Makati City, Philippines with a degree of Bachelor of Science in Entrepreneurship. Hello to all the loyal readers of I am a Leo and my favorite color is white. BusinessWeek Mindanao! I am a lover of the Universe! l love I am so happy and grateful to be able my family so my happiness is taking care to write here and share my thoughts of myself, my son and my husband which on just everything. Thank you” Globe’s General he added. public, Legal can hikeabout its stake to as high is why I love everything to home so much, Mr. Dante Sudaria, for this had said it can Counsel Froilan M. Castelo Globe related as 56.6%. like home keeping, baking, cooking, opportunity! This is my first time to write “ The debt-to-equity had said in a July 3 mobile address “increasing demand” on. in a newspaper and of course,phone it should be cleaning and sofor voice, short message, and reply. conversion transaction I also love writing so I services have a blog in the Lifestyle Section. through between Globe and Bayan “Globe will certainly add mobile data (www.EmpressMichelleFrancisco. I prefer writing something or anything will precisely enable the latter’s value to Bayantel, bringing the joint use of frequencies where I share my assigned life to everyone. happy, positive because andcom) originally to Bayantel. financial technical continued viabilityand as agood servicevibes I write about travels, recipes, I believe allowing that to make a better In return, Bayantel would support and synergies, as fashion, provider, it tothis exitworld food,and home politics, life lessons, place, we must chooseitsto focus, be able to offer mobile well as experience ourkeeping, rehabilitation andall enhance TV” shows, movies, beauty tips, talk andservice see only the positive things in telecommunications. culture of favorite innovation, current offering to the own

CorporateW orld Michelle Francisco by


Globe in P1.83-B buyout deal for Bayantel stake GLOBE Telecom, Inc. has reached a buy-out deal worth P1.83 billion with the Lopez group that will give the Ayala-led company full control of cash-strapped Bayan Telecommunications, Inc. The move is seen to help Bayantel completely get out of the doldrums by 2023. “Globe Telecom, Inc. has

agreed to purchase from Bayan Telecommunications Holdings, Corporation (BTHC) and Lopez Holdings, Corporation (LHC) all the equity in the capital stock of Bayan Telecommunications, Inc. that is held by BTHC and LHC, valued at approximately PhP 1.83 Billion,” Globe said in a disclosure to the Philippine

Eastern Petroleum allots P13B for three biomass projects in Visayas, Mindanao AN Eastern Petroleum Corp. subsidiary will be spending about P13 billion to develop three biomass projects in the next five years, a company official said last week. Caraga Renewable

Energy Corp. is currently working on a 2 3 . 5 - m e g aw at t ( M W ) biomass power plant in Agusan del Norte that will serve as its maiden project. petroleum/PAGE 9

Stock Exchange yesterday. Globe will boost its control over Bayantel to 98.57% from 56.87%, through a debt-toequity conversion scheme involving up to 70.76 million shares. The transaction is under Bayantel’s rehabilitation plan and was approved by the National Telecommunications Commission on July 2. Globe already acquired a 38% interest in Bayantel in October 2013 after the Pasig City Regional Trial Court Branch 158 approved the amended rehabilitation plan jointly filed by the companies, where Globe converted Bayantel’s debt into common shares, according to the listed telecommunication firm’s 2014 annual report. Globe, as a principal creditor, had planned to further convert a portion of the $423.3-million debt, so it

FILINVEST OFFERS REWARDS TO ITS HOME BUYERS Filinvest Land Inc. (FLI) is rewarding its home buyers through a raffle promotion dubbed “Filinvest 60 for 60”. The promotion runs from July 3 until September 30, gives 60 lucky Filinvest home buyers of selected Filinvest properties from its Futura Homes, Filinvest and Filinvest Premiere brands a chance to win P60,000. To qualify, the reservation fee of purchased Filinvest home must be paid in full from July 1, 2015 to September 30, 2015. One electric coupon will be issued to a home buyer for every P500,000 of the total price of purchased Filinvest home which gives multiple-unit

buyers high chances of winning the cash prize. However, the number of raffle coupons of multiple-unit buyers will be based on the value of each unit purchased. From September to November 2015, FLI will have three monthly raffle draws where 60 lucky Filinvest home buyers of selected Filinvest projects will win P60,000 cash prize each. “We put great value to our home buyers. And through this promotion, we would like to reward them, help them build their dreams and transform their lives,” said Josephine GotianunYap, president and CEO of FLI. FLI is one of the country’s most-trusted

real estate developers with a diverse property portfolio catering to all markets. Currently, FLI has developed over 2,400 hectares of land and more than 600,000 square meters of prime office, residential and retail spaces across the Philippines. To know more about the “Filinvest 60 for 60” raffle promo mechanics, contact 0917-3058888or you may visit FLI-Officeshowroom at Ground Floor Bo’s Coffee Building at Don A. Velez Street, Cagayan de Oro City. Check out FLI’s website: www.filinvestland. com and social media accounts: facebook. com/FilinvestGroup and

BusinessWeek MINDANAO



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fri-sat|July 24-25, 2015

BusinessWeek MINDANAO


Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO ROSE MARY D. SUDARIA, Ph.D. Vice President for Finance


Vice President for CorporateAffairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing


Alejandrae Uy

Cheng ordoñez

Section Editor

Executive Editor

gilbert y. chao


Motoring Editor

Associate Editor



Regional Editor Caraga


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Shortcuts to Paradise


hink a minute…A man walked into a bar for a drink and said: “Bartender, I’m in trouble, so make it a double!” Many of us struggle with painful, real problems: no money, no job, unwanted pregnancies, family violence, unhappy marriages. Many of us are truly desperate, looking for shortcuts to our own paradise! And there are plenty of shortcuts to paradise out there: alcohol, drugs, sex outside of marriage. So we get drunk or “high” and numb our brains with drugs, or find cheap sex to try to forget our problems for a couple of hours. And even though we know that these quick escapes destroy our own body and family, or cause us to lose our job, we keep doing them. The simple fact of life is that there are no shortcuts to paradise. So when you take that cheap substitute for paradise in that bottle or drug, or have sex with that someone who’s not your wife or husband, you’re walking into a dangerous trap from which you may never get free. It may feel good for a short time, but it will eventually drain and rob you of everything you have, little by little, day by day. Until you finally realize that your paradise has actually


A Minute

Jhan Tiafau Hurst turned your life into the worst nightmare. So do you want a “high” or “buzz” that never runs out? A “fix” that doesn’t steal your life, but instead gives you the satisfying one you’ve always wanted. It’s the right and only cure for your marriage and money problems, and best of all it’s free! If right now you’ll sincerely ask Jesus Christ to forgive you for your wrong living, and to take complete charge of your heart and life, Jesus will give you the strength and willpower to quit those bad habits and stop taking cheap substitutes and shortcuts to paradise. It simply makes sense that only your Maker can give you the paradise life you were created to enjoy. Just Think a Minute…

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A Political and Economical Watershed?


reece, Greece, European Union,Greece again and no ending. Greek banks re-opened am i d e f for t t o re b o ot economy. Yes, they have re-opened after a threeweek shutdown that saw the country plunged into financial chaos. However, capital controls are to remain in place, with taxes set to shoot up. From last Monday (means to say during one single week), Greeks were able to withdraw up to 420 EURO ($465) at once each week the same amount possible as during the shutdown, but without the ordeal of having to line up every day for 60 EURO. These are daily more or less 3,000 Pesos. Try to imagine how to survive if you are staying in this European country... . A block on money transfers out of the country and on the opening of new accounts is to remain in place. “Capital controls and restrictions on withdrawals will remain in place but we are entering a new stage

which we all hope will be one of normality,” Louka Katseli, the head of the Greek banking association, told the Greek nationalSkai Television. Yes, without hope, you really might get lost in Greece nowadays. Many citizens left already to other European countries - just to start a new survival. Meanwhile, the Greek government was expected to make a 4.2 billion Euro payment to the European Central Bank (ECB) today (Monday, July 20 while writing this piece!). The repayment is possible after the European Union granted Athens a short-term loan of 7.16 billion Euro on Friday last week. That amount will also make possible a payment due to the International Monetary Fund (IMF), which has been outstanding since June. At the same time, Greeks are having to get used to a tough fiscal package, with further austerity. The level of financial hardship the new reforms are expected to place on the Greek people

have caused a split within Greek Prime Minister Alexis Tsipras’ Syriza party. Tax soars on variety of items. Greeks will now have to pay 23 percent in valueadded-taxes (VAT) on a whole range of items, from cocoa and sugar to condoms and funerals. However, VAT sales taxes will be reduced on certain products, such as medicine, books and newspapers. Anyway, the tough situation is getting tougher, especially for those living on the verge of ruin and madness. G e r m an C h an c e l l or Angela Merkel - who now says a Grexit from the eurozone is off the table - maintained her government’s tough line on debt relief for Greece. She said a “classic haircut” reduction of 30 to 40 percent of the country’s debt was not possible “in a monetary union.” However she did not rule out a “voluntary w r it e d ow n for pr iv at e creditors, extended maturities and lower interest rates.” Merkel has been overloaded already with tons of criticism.

H ave M y Say

Klaus Doring

And not only she! Technical teams from the hated troika of creditors - representing the EU, IMF and ECB - are expected in Athens in the coming weeks. And millions of Europeans are asking: is this now the political and economical watershed for Greece, the EU and the whole globe? I guess - not yet! +++ Email: dor ingklaus@ or follow me in Facebook or Twitter or visit or www. klausdoringsclassicalmusic.

What is the remedy vs. global warming death, destruction?


IFE’S INSPIRATIONS: “… H a v e I n o t commanded you? Be strong and courageous. Do not be afraid; do not be discouraged, for the Lord your God will be with you wherever you go...” (Joshua 1:9, the Holy Bible). -ooo GLOBAL WARMING AND CLIMATE CHANGE PREDICTED TO HAPPEN: Unb e ar ably h ot an d scorching temperatures. Devastating rains. Killer f loods. Destructive and deadly tornadoes and strong winds. Global warming and climate change. They are the realities of the moment everywhere in the world. But they were predicted, w it h c u n n ing acc u rac y it would appear now, to come and bring death and destruction. Here are some of these predictions, all contained in the Bible: in Deuteronomy 28:22-24, it is written: “… The Lord will strike you… with scorching heat and drought… The sky over your head will be bronze, the ground beneath you iron. The Lord will turn the rain of your country into dust and powder; it will come down from the skies until you are destroyed…” In Matt he w 7:26-27, Jesus said: “… But everyone who hears these words of

mine and do es not put them into practice is like a foolish man who built his house on sand. The rain came down, the streams rose, and the winds blew and beat against that house, and it fell wit h a gre at crash.” -ooo W HAT I S T H E REMEDY VS. DEATH AND DESTRUCTION FROM CLIMATE CHANGE: Why are all these happening? There is only reason, given by Deuteronomy 28:15 and Matthew 7:26-27: death and destruction coming from scorching heat, rains, floods, strong winds, global warming and climate c h ange are h app e n i ng , as God’s curses, simply b ecaus e man no longer listens to God (that is, no longer reads the Bible) and no longer obeys Him. How are we to remedy all of these? There are many ways, but we must also consider t hat t he Bible prescribes as a remedy. In 2 Chronicles 7:14, we are told that God’s curses will be healed in this manner: “If my people who are called by my name will humble themselves and pray, seek my face, and turn from their wicked ways, then I will hear from heaven, will forgive their sin, and heal their land”.

In Deuteronomy 30:1516: “See, I set before you today life and prosperity, death and destruction. For I command you today to love the Lord your God, to walk in obedience to him, and to keep his commands, decrees and laws; then you will live and increase, and the Lord your God will bless you in the land you are entering to possess.” -ooo G OD’ S C U R SE S TO DESTROY THE WORLD: In Deuteronomy 28:15-68 of the Bible, Moses listed 53 c urs es in all w hich, he said, will destroy nations who are no longer listening to God and who are n o l on g e r o b e y i n g His commands, with the promised destruction being total and absolute in effect. A careful reading of the foregoing verses will show that about 51 or so of the 53 curses God gave His own people, the Israelites, through Moses, are now happening all around us, even in the Philippines. For those who will raise their eyebrows on this, just try reading Deuteronomy 28:15-68, and be shocked yours elves to f ind t hat God’s curses are now all over us. Then, in Matthew 7:24-27 of the Bible, Jesus Christ, our God and Savior,

K akampi

Mo A ng Batas

Atty. Batas Mauricio warned those who are no longer listening to Him and w ho are no longer ob eying His commands will be destroyed by rains, floods and strong winds. Surely, there is no denying the fact that the world is now being destroyed by rains, floods and strong winds, is it not? -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way), a Bible study and prayer session on radio, airs Mondays to Fridays, 6:30 p.m. to 7 p.m., at DWAD 1098 kHz on the AM band. For replays, go t o w w w. f a c e b o o k . c om / angtangingdaan or www. and scroll for “Ang Tanging Daan” broadcasts. Phone: 0922 833 43 96, 0918 574 0193, 0917 984 24 68. Email: -30-


BusinessWeek MINDANAO

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Motoring 5 Imported auto sales rise 15% in H1 2013 ppi’S Best in Business and Economic Reporting


2014 ppi’S Best in ENVIRONMENTAL Reporting

fri-sat|July 24-25, 2015

a 27 percent growth or a total of 5,746 units in the second quarter on the back of new sales contribution from its latest member Ford Group Philippines. Had it not for Ford, segment sales appear to be flat relative to same period in 2014. Similarly, the group’s performance for the 1st semester registered a 10% growth to 9,072 units. The Light Commercial Vehicle (LCV) segment’s sales increased significantly by 48%, bringing the 2nd quarter sales tally to a total of 6,432 auto/PAGE 9

SALES of imported vehicles under the Association of Vehicles Importers and Distributors (AVID) grew by 15 percent in the first semester this year in light of additional sales from its latest member Ford Group Philippines. In a statement, AVID said that its first semester sales reached 20,626 for the first six months of the year versus 17,941 in the first semester last year. AVID President Fe PerezAgudo said the growth was largely due to the surge in

sales in the second quarter at 38 percent to 12,178 units versus 8,849 in the same second quarter in 2014. The remarkable surge in unit sales reflects the collective effects of strong consumer uptake and AVID’s incessant efforts in expanding avenues in which it engages its ever-evolving consumer base. Notably, its latest member Ford Group, which became a member in May this year, contributed 1,680 units to AVID’s total sales. AVID’s sales of passenger cars (PC) managed to garner

GM recalls nearly 780,000 SUVs

Isuzu PHL previews heavy-duty trucks

GENERAL Motors recalled about 780,000 sports utility vehicles in North America on Friday over faulty rear power liftgates which can fall suddenly and cause injuries. The recall affects 20082012 Buick Enclaves, 20092012 Chevrolet Traverses, 2007-2012 GMC Acadias, and 2007-2010 Saturn Outlooks. GM said the gas struts which hold up the liftgates “may prematurely wear”, making them unable to support the liftgate’s weight. GM said 56 people have been injured because of the suvs/PAGE 10

ISUZU Philippines Corp. (IPC), the country’s leader in the commercial vehicle segment, recently showcased five of its newest heavy-duty trucks under the C and E Series at the 2015 Isuzu Truck CBU Special Display at their plant in Biñan, Laguna. Isuzu’s game-changing heavy-duty trucks offer outstanding performance, reliability and fuel efficiency. The five trucks that were displayed were the EXR51F Tractor Head Golden Yellow (available in 20-ton, 42-ton and 45-ton); the EXZ51K Tractor Head Marine Blue

(available in 33-ton and 60ton); the CYZ51M Cab and Short Chassis (available in 33-ton); the CYH51T Cab and Long Chassis (available in 41-ton); and the NPS75 4×4 Cab and Chassis. These trucks are equipped with a 14.2-liter 6WF1-TCC direct-injection OHC diesel engine which provides a maximum output of 390 hp at 1,800 rpm and a torque of 1,863 Nm. The environmentfriendly power plant also comes with electroniccontrolled common-rail system, w hich re duces emission and greater fuel

economy. “To be the No.1 market leader in the truck segment, you need to have a variety of products that will build and maintain customers. Today marks another special day for IPC, as we display our latest heavy-duty trucks here in our office in Laguna,” IPC President Hajime Koso said during the event. “We are aiming to provide every business with world-class quality trucks that can endure through time.” The Isuzu C and E series also come with a wider gear range with the addition of a

seven-speed and 16-speed transmissions that gives better handling. Inhibitor shift warning alerts, which warns the driver when shifting on the wrong gear, is also available on the 16-speed transmission. Inside its cabin is ample of space for two to three passengers. Drivers have easy access to quick-read meters, and a tilt and telescopicpowered steering wheel, other amenities, such as cup holders, air conditioner and AM/FM radio with CD player. Air suspension seats are reclinable with center


seat back tray and optional bed to relax after a long day of driving. Other key features in the new Isuzu C and E Series are simplified rear body mounting, which adds trailer versatility; heavy-duty front and rear leaf-spring suspension that absorbs vibration and smooth ride; and a high-clearance smokestack with vertical silencer for better exhaust. Buyers can choose different tire sizes, which range from the standard 295/80R, an optional 315/80R tubeless isuzu/PAGE 9

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2013 ppi’S Best in Business and Economic Reporting


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fri-sat|July 24-25, 2015

DepEd-Tangub requires schools to make a building evacuation plan By Rutchie Cabahug-Aguhob

TANGUB CIT Y – The Department of Education, Division of Tangub City (DepEd-Tangub) has required all its schools to come up with a Building Emergency Evacuation Plan (BEEP). “Su c h p l a n w i l l b e implemented during the Nat i ona l Si mu lt ane ous Earthquake Drill (NSED) on July 23,” Victoria V. Gazo, Ph. D., Schools Division Superintendent (SDS), said. It is part of the activities o f t h e 2 0 1 5 Na t i o n a l Disaster C onsciousness Month (NDCM),” focused on the theme: “Pamilya at Pamayanang Handa, Katuwang sa Pag-unlad ng Bansa (A Disaster-Prepared Family are Partners for the Development of the Country).”

Meanwhile, Gazo issued a memorandum order for all the principals, head teachers, teachers and schools incharge (TIC/SIC), both in the elementary and secondary schools to attend the recent one-day seminar-workshop on the preparation of the BEEP, at the City Function Hall. In her memorandum, Gazo said “in order for us to be more aware of the important aspects as to the proper conduct of the NSED, it is imperative for our schools to have a BEEP.” “This will enable the NSED evaluators to accurately determine the performance of the occupants of a particular building or classroom,” Gazo added. (RCA/PIA-Misamis Occidental)


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Cheng Ordoñez

Ozamiz CDRRMC collects close to 50 bags of blood By Rutchie Cabahug-Aguhob

OZAMIZ CITY, Misamis Occidental – Some 49 bags of blood have been collected by the Ozamiz City Risk Reduction and Management Council (CDRRMC), during a recent bloodletting, in the city. The bloodletting was done by the Philippine

Red Cross (PRC) and the Mayor Hilarion A. Ramiro, Sr., Regional Training and Teaching Hospital (MHARSRTTH), among the National Service Training Program (NSTP) students of Misamis Institute of Technolog y ( M I T ) , R it c h i e E g bu s , CDRRM Officer, said.

It was also part of the month-long activities linedup for the 2015 National Disaster C onsciousness Mo n t h ( N D C M ) w i t h the theme: “Pamilya at Pamayanang Handa, Katuwang sa Pag-unlad ng Bayan.” However, the bloodletting drive of the CDRRMC will continue even beyond the

NDCM, as “part of our disaster preparedness,” Egbus clarified. “We have to make sure that we have enough supply of blood in the blood banks of hospitals in the city to cater to the needs of the residents, at all times, especially during calamities and disasters,” he said. (RCAguhob/PIAMisamis Occidental)

19 Dagupan villages under state of calamity due to floods, high tide By Elsha Marie B. Soriano

DAGUPAN CITY – The Sangguniang Panlungsod (SP) here placed at least 19 villages under state of calamity today, July 21 due to flooding brought about by southwest monsoon rains

and high tide. Mayor Belen Fernandez, chair of the City Disaster Risk Reduction and Management Council (CDRRMC), recommended the declaration of barangays Calmay, Pantal,

C ar a el, He r re ro - Pe re z , Malued, Pogo Chico, Pogo Grande, Lasip Chico, Lasip Grande, Tapuac, Bacayao Sur, Bacayao Norte, Mayombo, Poblacion Oeste, Lucao, Caranglaan, Barangay I, Barangay II and III and Barangay IV under state of

calamity. Fe r n a n d e z s a i d t h e southwest monsoon rains and recurrent tidal rise leave major portions of barangays under deep floods while major roads and streets in the city were inundated affecting calamity/PAGE 9

In connection with the National Disaster Consciousness Month, the Office of Civil Defense 10 held a blood donation program at the Misamis Oriental provincial capitol kiosk last July 21. PHOTO BY MARK FRANCISCO

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The Participating Artists for FRAME OF MIND. Photo by MIKE BAÑOS, NPN

The Night Stalker

Frame of Mind: Pictures at an Exhibition


hen I sat down to write about the ongoing Frame of Mind art exhibit at Limketkai Center, I was suddenly, inexplicably and vividly transported to the past, recalling one of my late father Rene’s favorite classical records: Pictures at an Exhibition by Modest Mussorgsky. Composed for piano by Mussorgsky as a requiem for his friend, Viktor Hartmann, an artist and architect who shared a passion for intrinsically Russian art who died suddenly in 1873 at age 39, Mussorgsky composed Pictures at an Exhibition in only Nonoy Estarte holds court with his students. Photo by MIKE BAÑOS, NPN six weeks after viewing an exhibition of over 400 of Hartmann’s works. The suite in ten movements depicts an imaginary tour of an art collection. Mussorgsky based his musical material on drawings and watercolors by Hartmann produced mostly during the artist's travels abroad. The suite is Mussorgsky's most famous piano composition and has become a showpiece for virtuoso pianists. It has Frame of Mind Exhibit Photos become further known through various courtesy of Chris Gomez orchestrations and arrangements produced by other musicians and composers, with Maurice Ravel's arrangement being the most recorded and performed. And so what’s the connection with Frame of Mind? Featuring emerging and established artists from Northern Mindanao, Frame of Mind: A Northern Mindanao Art Exhibit runs till Saturday, 25 July 2015 at the 2nd Level, East Wing of Limketkai Mall. Put together by Renaissance Man Chris Gomez (murag si Leonardo da Vinci, mayo sa tanan!) the exhibition “is open to Northern Mindanao artists from a wide range of artistic backgrounds. Frame of Mind welcomes artists to showcase their latest works and provide new possibilities for those who are looking to broaden their artistic career and exhibition background.” FRAME

Page 9

Patrick Gabutina explains his work Madonna & Child to some guests. Photo by MIKE BAÑOS, NPN

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Educating Young People on Ecology By: Maribeth B. Mabalo, Teacher III Laguindingan National High School Laguindingan, Misamis Oriental

Nature is God’s gift handed down to us from previous generations. We are just ste wards and it is our obligation to take care of this gift. Unfortunately, not all of us are aware of what this responsibility entails. Nor do we seem prepared to accept it. Even now, we

see supposedly responsible adults do things like roll down their car windows to throw out into the streets bits of paper, fast food Styrofoam containers and cigarette butts, among others. We often complain about how adults do not seem to b e concer ne d ab out



MUNICIPAL CIVIL REGISTRAR OF TUBOD, LANAO DEL NORTE, Respondent. X---------------------------------------/ ORDER This is a petition for correction of entry in the Certificate of Live Birth of LEONARDO MARIQUIT, the petitioner in this case, praying among others that after notice and hearing, an Order be issued directing the Respondent to effect the correction sought for. Petitioner alleges that he is a Filipino citizen, married to Fe Jeril E. Mariquit, and resident of Zone 12, Impantao, Bulua, Cagayan de Oro City. The Respondent is sued in her official capacity. That petitioner was born on December 8, 1971 in Malingao, Tubod, Lanao del Norte to spouses Silveria Capangpangan Magdadaro and Emiliano Maglasang Mariquit. His birth was duly reported and recorded in the office of the Local Civil Registrar of Tubod, Lanao del Norte. Since childhood to present, he has been using the name “LEONARDO MAGDADARO MARIQUIT” because “MAGDADARO” is the surname of her mother and “MARIQUIT” is the surname of his father. In all his school and personal records including his records in the military where he is presently a member, he has been using “MAGDADARO” as his middle name. Recently, when he was preparing his personal records in anticipation of his forthcoming retirement from the Philippine Army, he discovered that his middle name “MAGDADARO” did not appear in his Birth Certificate. Through the years, he was on the belief that the record of his birth contained his full and complete name, only to find out later that he has no middle name in his birth certificate. That in his Birth Certificate, there appears in Item 21 the “date and place of marriage” of his parents. However, when he verified with NSO, there was no record of marriage of his parents, though it is presumed that he and his sibling were born out of wedlock in the absence of record of marriage of their parents, they all bear the family name of their father, LEONARDO MARIQUIT (deceased) as their surname in their certificates and school and personal records. His elder sister named Josephine Magdadaro Mariquit who was born on august 10, 1968 in Malingao, Tubod, Lanao del Norte has a complete name in her Birth Certificate with the correct entries as to her middle name and the names of parents. In his case, there is a need to correct the entry in his Birth Record in order to conform to the true facts of his birth, by putting the name “MAGDADARO” in the unfilled portion for the middle name, thus, completing his name from “LEONARDO MARIQUIT” to “LEONARDO MAGDADARO MARIQUIT”. Set the initial hearing of the petition to August 24, 2015 at 8:30 in the morning before the sala of this court. Furnish copy of the Order containing the petition to the office of the Solicitor General at Makati City, Office of the Local Civil Registrar in Baroy, Lanao del Norte, Office of the Public Prosecutor’s, to Atty. Raul M. Llacuna of Bulua, Cagayan de Oro City and to the petitioner at his known address. The petitioner is hereby directed to publish copy of this Order in a newspaper of general circulation within the province of Lanao del Norte for three (3) consecutive weeks, at his expense. Any person/s interested to the petition may come to Court on the scheduled date of initial hearing to show cause why said petition should not be garnted. SO ORDERED. Tubod, Lanao del Norte. June 29, 2015.

BWM: July 17, 24 & 31, 2015

(Sgd.) DENNIS P. VICOY Acting Presiding Judge

the environment and the problems of global warming, pollution, illegal logging and so on. It is a fact and a sad one. We have tried and failed to get most people to change their attitudes. So, how do we solve this environmental problem that is facing us today? Maybe we are barking up the wrong tree. If our messages do not get through their parents, why not address ourselves to

the children? As in all things, it pays to start early. And an environmental awareness campaign is no different. An obvious solution to this dilemma is to educate our young people while there is still time, and hope that when they hear this proenvironmental knowledge repeatedly, they will apply them as responsible citizens who care to and protect our fragile ecosystem.

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN RE: PETITION FOR CANCELLATION/CORRECTION OF ENTRY IN CERTIFICATE OF LIVE BIRTH OF JHEMRY ALTUBAR TANGCAY UNDER THE DATE AND PLACE OF MARRIAGE OF PARENTS FROM May 26, 2010, BAROY, LANAO DEL NORTE to “NOT MARRIED”. SPL. PROC. NO. 304-07-2015 LIKEWISE FOR CORRECTION OF ENTRY IN PETITIONER’S CERTIFICATE OF MARRIAGE UNDER THE HUSBAND’S NAME OF FATHER FROM NICANOR TANGCAY TO NICOLAS TANGCAY. For: Cancellation/Correction of Entry and Change of Name AND FOR CORRECTION OF ENTRY IN THE PETITIONER’S HUSBAND REY A. TANGCAY CERTIFICATE OF LIVE BIRTH UNDER FATHER’S NAME FROM NICANOR TANGCAY TO NICOLAS TANGCAY. EDWINA ALTUBAR TANGCAY, Petitioner, - versus – LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE, Respondent. x-----------------------------/ ORDER A verified petition for cancellation/correction of entry in the Certificate of Live Birth of JHEMRY ALTUBAR TANGCAY, etc was filed before this Court on July 7, 2015 by the herein petitioner praying among others that after notice and hearing , an Order be issued directing the Respondents to effect the cancellations/corrections sought for. Petitioner alleges that she is a Filipino citizen, married and resident of Manan-ao, Baroy, Lanao del Norte. Respondent is sued in his official capacity as such. Petitioner is the mother of JHEMRY ALTUBAR TANGCAY who was born on February 23, 2010 at RHU-Maternity and Lying-in Clinic, Baroy, Lanao del Norte. When she gave birth to her child, she was not legally married to the child’s father, REY ALFANTA TANGCAY, who was then abroad. When she was asked for the information of her status, she told the attending midwife that was not yet married but her wedding was already scheduled on May 26, 2010. Unknowingly when the birth of the child was registered, “the place and date of marriage of parents” was filled up, “May 26, 2010, Baroy, Lanao del Norte” despite that fact that it was still to happen as she was not married yet at the time she gave birth to her son. When she caused for the LEGITIMATION of her son, Respondent refused registration over the same on the ground that the entries which were reflected in the Birth Certificate has to be cancelled and corrected first before the LEGITIMATION be effected and annotated in the Certificate of Live Birth of JHEMRY ALTUBAR TANGCAY. And it can only be done through Court proceedings. In the Certificate of Marriage of Petitioner, it contains an erroneous entry under the “husband’s name of father” which was typewrote as “NICANOR TANGCAY” instead of “NICOLAS TANGCAY”. Likewise in the Certificate of Live Birth of her husband REY A. TANGCAY, the same error in the name of his father “NICANOR TANGCAY” appeared instead of “NICOLAS TANGCAY”, his true and correct name. To avoid confusion and future inconvenience, hence, this petition. Set the initial hearing of the petition to September 4, 2015 at 8:30 in the morning before the sala of this Court. The petitioner is hereby directed to publish copy of this Order to a newspaper of general circulation for three (3) consecutive weeks, at her expense. Furnish copy of this Order to the Office of the Solicitor General, Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Local Civil Registrar of Baroy, Lanao del Norte, Atty. Dorothea Basalo, petitioner’s counsel and to the Petitioner, in her known address. So ORDERED. Tubod, Lanao del Norte. July 10, 2015. BWM: July 17, 24 & 31, 2015

(Sgd.) DENNIS P. VICOY Acting Presiding Judge

One way to do t his would be to integrate a subject on ecology which is the science which studies man’s harmonious i nt e r r e l at i o n s h i p w i t h v ar i ou s a s p e c t s of h i s environment for this maximum survival, progress and fulfillment. Ecolog y is much too

important to be lumped together with other subjects. If we are really concerned about or future and that of our children. Let’s get serious about protecting our environment because by doing so we also protect ou r s e l v e s . L e t u s g i v e environment the importance it deserves.

Education for a better life By: Jenemer B. Puyos T-III San Jose Elementary School Quezon I- District

Education is not just simply acquiring knowledge on how to re ad, wr ite and EXTRAJUDICIAL SETTLEMENT AMONG HEIRS Notice is hereby given that the intestate estate of the late (+) RICARDO R. ABARRIENTOS III, who died on September 3, 2014, at Golden Glow, Upper Carmen, Cagayan de Oro City, Philippines, without any will; Left a certain PERSO NAL PRO PERTIES, composing of bank deposits, a Dollar/Foreign Currency Savings and Peso Savings, respectively, at the Bank of Philippines Islands (BPI), 0173 Ayala East, Makati City, Metro Manila, to wit: BPI ACCOUNT NO. 001734-0179-45 with the current balance of $4,032.00.03 and BPI ACCOUNT NO. 1733-0528-52 with the current balance of P 35,800.76. This EXTRAJUDICIAL SETTLEMENT AMONG HEIRS is made and entered into by and among; ROMANA M. ABARRIENTOS, of legal age, Filipino, widow. residing at Block 10, Lot 2, Golden Glow Village, Upper Carmen, Cagayan de Oro City, herein referred to as HEIR-WIDOWED wife and half-owner; JOHN CLYDE M. ABARRIENTOS and CHRISTIAN RICAR M. ABARRIENTOS, a 16 YEAR OLD MINOR ( born on July 1, 1999), Filipino, residing at Block 10, Lot 2, Golden Glow Village, Upper Carmen, Cagayan de Oro City, herein referred to as HEIR under the guardianship of his mother ROMANA M. ABARRIENTOS; CHER MITZI M. ABARRIENTOS, a 14 YEAR OLD MINOR ( born on March 23, 2001) Filipino, residing at Block 10, Lot 2, Golden Glow Village, Upper Carmen , Cagayan de Oro City, herein referred to as HEIR under the guardianship of his mother ROMANA M. ABARRIENTOS; That based on the law of succession, since the widow-wife is entitled to HALF of the total deposited amount, which according to the current dollar exchange rate is presently between 42 to 45 to a dollar x 4,032.03 = Php 181,441.35 plus the peso savings of Php 35,800.76 or a total of PHP 217,242.11, this scenario/amount, clearly exempts the herein mothernatural and legal guardian to obtain the letters of guard is the subject of EXTRA JUDICIAL SETTLEMENT AMONG HEIRS under the notary public of Atty. CHUBASCO CENEN T. CAIÑA , As per Doc. No. 253; Page No.51 ;Book No. II; Series of 2015. BWM: July 17, 24 & 31, 2015

s o l v e nu m b e r s . It i s a continuous process of learning that acquired in home, school, community a n d t h a t i n d i v i d u a l ’s experiences. Education has its own magic that will never b e p er ishe d and it w i l l bring you for greatness. It prepares your way for a brighter future. It is the key to open doors the blessings of great opportunities and has a good job. It is noted that we are paid for based on the skills and talents that we have. And these t a l e nt s an d s k i l l s we re developed and nurtured through education. Education is an investment with best interest. The time, effort and sacrifices and being invested will not be in vain but surely the interest is a better way of living. You can be what you want and live life to the fullest. Transfer Certificate of Title No. T-82094 Notice is hereby given that the intestate estate of ALFREDO C. NIEDO, of legal age, Filipino, married to RITA C. NIEDO and a resident of Cagayan de Oro City, Philippines. it is hereby certified that certain land situated in the CITY OF CAGAYAN DE ORO PHILIPPINES, bounded and described as follows ; A parcel of land ( Lot 15, Block 3, Psd-104305015867, being a portion of Lot 2, (LRC) Psd-157430) situated in the Barrio of Bugo, City of Cagayan de Oro, Island of Mindanao. Bounded on the E., along line 2-3 by Block 33, on the S., along line 3-4 by Lot 16, Block 3., on the W., along line 4-1 by road Lot 26 ( 10.00 m. wide ) ., on the N., along line 1-2 by Lot 14, Block 3, all of the subdivision plan Psd-104305-018867. Containing an area of ONE HUNDRED FORTY (140) square meters or less. All points referred to area indicated on the plan and marked on the ground by PS cyl. Conc. Mons. 15 x 40 cm. Is the subject of Transfer Certificate of Title No. T-82094 under the notary public of Atty. MACODI M. AGUS, As per Doc. No. 333; Page No.67; Book No. 118; Series of 1993. BWM: July 24, 31 & Aug. 7, 2015

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BMFI... from page 1

to empower the youth to get involved in addressing pressing needs and issues in their own communities t h ro u g h pro j e c t s t h e y themselves will propose, plan, and implement. “The youth is a potent human resource with the capacity to convey learning and become catalysts of change; they have important views about issues that both confront and represent them and other sectors. Since the youth do not have much vested personal interests that are observed in the position and assertion of adults, their ideas and views are nearer to the truth and need of people,” said Romcy Madronio, program lead of LeadCom. Thus, they need guidance and training, which LeadCom is providing. “We are all talents waiting to be discovered…Sooner or later, moabot kanang tawo o institusyon o grupo nga maoy makadiskubre kanato (that person or institution or group who will discover us will come),” Manlupig said, as he narrated that he, too, underwent mentorship or formation when he was a youth and that the principles that was inculcated into him by his formator help make Balay Mindanaw what it is today. “In a sense, kining Balay Mindanaw produkto siya sa usa ka (Balay Mindanaw is a product of a) youth formation program…Daghan sa akong gidala nga mga prinsipyo nga ako usab napaambit sa Balay Midnanaw gikan kaniya, akong mentor (Many of the principles that I am able to share with Balay Mindanaw came from him, my mentor),” he shared. L e a d C o m , h ow e v e r, “will not make you a perfect individual,” Moreno said. But the program “gives [the youth] a better idea what it takes to serve.” Moreno also stressed that while the modern world of the youth of today is very different from the times when he was still a young man, but “the fundamentals remain the same.” “Ang inyong gaagian karon. To put it differently: unsay inyong paingan ugma damlag mao kana karon ang inyong gibuhat. And this program gives you a snapshot, pag sil-ip (a glimpse), how it is to be a leader, how it is to be a man and woman for others. You are here not for yourselves, kundili para makat-on mo (but so you will learn), to have some ideas what it is to be part of a team, to be part of an undertaking,” he stressed. B ot h Man lupi g an d Moreno encourage t he youth who are taking part of LeadCom 2015 to rise to the challenge, to not waste the opportunity given them but to grasp and soak the lessons they will learn from the program since “learning is continuing, it never stops.”

“Kini nga programa usa ka higayon sa mga kabataan nga makakaplag sa ilang kaugalingon nga direksyon pinaagi sa ilang mga role models, mga mentors, mga formators, and eventually mga close friends, mga higala nga dili malimtan. This program is usa ka higayon nga [kamo] makaagi sa usa ka proseso nga ma-realize [inyong] (an opportunity for you to undergo a process that will help you realize your) full potential as human, as youth leaders,” Manlupig said. Moreno also encouraged the youth to “treasure” their time with LeadCom, as he cautioned them that, like in politics, intrigues cannot be avoided. “What is more important is to understand the others.” LeadC om trains and e mp owe rs c om mu n it y based youth organizations by helping them design and implement projects that address their communities’ most pressing needs. It enables young leaders to meaningfully contribute to the development of their communities. LeadCom 2015 will train and prepare a new batch of youth groups from ten barangays of Cagayan de Oro City to rise to the challenge of transforming their communities. These barangays are Bayanga, Mambuaya, Dansolihon, Tu b u r a n , P i g a s a g a n , Tumpagon, Pagatpat, Gusa, Lapasan, and Nazareth — all partner barangays of BMFI. “ These youth groups will undergo the ideation and project management ph a s e w it h wor k s h op s and capability sessions to effectively implement their proposed project. LeadCom will strengthen our youth’s desire of being active citizens. It will continue to transform more lives, which someday will make the difference our society needs,” said Sabrina “Sabcee” Garcia-Balais, BMFI CDO Team leader. Last year, youth groups from nine barangays in the city has successfully implemented their projects, which ranged from solid waste management, youth skills training, youth empowerment, to advocacies on illegal drugs, through the first-ever LeadCom program. The Ayala Foundation, the social development arm of the Ayala group of companies, launched LeadCom in 2012 as part of its efforts to ”create” communities where people are creative, productive, self-reliant, and proud to be Filipino. Since 2012, LeadCom’s youth groups have implemented 97 projects. The program has trained 953 youth leaders and 754 facilitators. It has awarded P970,000.00 to different youth groups all over the country. It reached 6,771 direct beneficiaries and mobilized 827 volunteers from local stakeholders. To the young people w ho say that w hate ver

contribution they may have for society are insignificant, Moreno advised them to just continue because someday, somehow someone will benefit from that insignificant contribution. “Kitang tanan lumalabay lang (All of us will pass away). We are just a fraction of the earth’s history. We are just a fraction, but let that fraction matter. No matter how small our contribution maybe, no matter how insignificant our contribution may have been, that does not matter. What’s important is that we are committed and that commitment will infect others especially your manghud ug ig-agaw ug (younger siblings or cousins and) encourage them also to serve.” (Bong D. Fabe)

ARMM... from page 2

that we will continuously deliver opportunities to bring education closer to them,” added Balagot. A total of P24 million has been earmarked for the scholarship program and as of this month, it has assisted 1,539 students across the region. Balagot also announced the holding of a scholars’ assembly for the province of Maguindanao on July 28 at the Shariff Kabunsuan Cultural Complex, ARMM Compound in Cotabato City. Meanwhile, the other key component, known as Regional Governor’s Medical Assistance Program, provides financial assistance to ARMM constituents who have health problems. The regional government has allocated P1 million to four partner hospitals for this purpose namely the Cotabato Regional Medical Center in Cotabato City for Maguindanao; Amay Pakpak Medical Center in Marawi for Marawi City and Lanao del Sur; Basilan General Hospital for Basilan; and Zamboanga City Medical Center for Sulu and Tawi-Tawi. EMBRACE-ARMM also promotes projects on livelihood consistent with its objectives to provide sufficient and sustainable source of income for the region’s constituents. (BPI/ APB/PIA-10)

Obesity... from page 2

According to Minalang, physical inactivity is a key contributor for the increasing prevalence of obesity and weight problems in the country. He said other contributors include shift in dietary pattern, poor breastfeeding practices, and child undernutrition particularly during the first 1000 days of life. “Infants who experienced growth failure early in life and had rapid weight gain in childhood might be at risk of adult obesity and noncommunicable diseases,” he added. IPHO Nutrition Program

Coordinator Nelia Sarap said intake of fruits and vegetables, managing stress, and cessation of smoking and alcohol consumption also help control weight problems. Exclusive breastfeeding for the first six months prevents overweight and obesity in children too, she added. Meanwhile, IPHO is intensifying its advocacy campaign on proper nutrition through the 10 Kumainments and Pinggang Pinoy programs. Minalang said these programs will help address the increasing prevalence of obesity and overweight. The 10 Kumainments is a food-based dietar y guideline that promotes proper nutrition and healthy lifestyle. The Pinggang Pinoy is a guide that uses food plate model to convey right food group proportions on a permeal basis. (APB/PIA-10)

Auto... from page 5

u n it s c omp a re d t o t h e 4,342 units s old in t he same quarter in previous ye ar. T h e g roup’s s a l e s expanded by 20% to a total of 10,673 units versus the 1st half of 2014. Again, AVID said considerable upt i ck i n t h i s s e g m e nt is att r ibute d mai n ly to incre me nt a l s a l e s f rom new member Ford. However, sales of HARI, the official distributor of Hyundai vehicles in the countr y, registered an 8 percent decline as sales in the first month hit only 10,689 units compared to 11,559 units sold in the first semester of 2014. HA R I’s P C c at e g or y declined by 11 percent to 3,458 units in the second quarter as compared to the 3,892 units sold in the same quarter of 2014. Sales of LCV increased by 11% to 1,867 units from the 1,684 units in the second quarter of 2014. Semestral figures show PC’s meek decline of 10%, while LCV contracted by 2% in the first semester of this year. Agudo noted that despite lower-thanexpected Q1 output, the Philippines remains well on its way toward pursuing its economic growth target of 7-8% as the government is expected to accelerate public spending and infrastructure development. Given this level of optimism and sound macroeconomic fundamentals, the country is also expected to remain as one of the star performers in the ASEAN region. The automotive industry remains upbeat as it ushers in the motorization phase in the country. As such, the industry is poised for double-digit growth in the third quarter of 2015, yearon-year. AVID is expected to leverage on the rewards of a booming industry and a wide array of product offers in the succeeding months.

SUVs... from page 5

problem. The SUV liftgate recall came two days after GM recalled nearly 200,000 Hummer SUVs worldwide for an electrical problem which has resulted in dozens of fires. GM is still working to resolve the problems of some 30 million vehicles recalled over the past two years, most of them for a ignition-switch malfunction that resulted in at least 121 accident-related deaths.

Calamity... from page 6

around 21, 103 families from the affected barangays, excluding Barangay Pantal and Tapuac that still have to submit its report. The declaration, under Republic Act 10121, will provide immediate relief and assistance to the affected families by allowing to transfer the funds to support disaster risk reduction works such as relief, rehabilitation and reconstructions. (MCA/ EMBS/PIA-1, Pangasinan/ CIO)

Frames... from page 7

Chris says the exhibition aims to show how paintings represent different interpretations of concept and ideas; showcase new works of art for viewers to study how the elements of art and principles of design were used by artist by creating their works; and support Filipino artists’ creativity as presented in artworks in three different mediums: painting, sculpture and installation. “ The proj e c t t heme, ‘Frame of Mind’ seeks to demonstrate the  Filipino notion of dealing with concepts/ideas or the  force that creates things/situations, especially good  things to happen by CHANCE from ethnographic, personal to global adaptation of Filipino concept of thinking,” says the organizer.    “This theme shall be reflected in the production of paintings, sculptures and/or installation of participating artists.” Hmmm, do you hear “Pictures at an Exhibition” as you slowly walk among the artworks in “Frame of Mind?” I do wish the organizers would play something more appropriate rather than the pop music that distracts the viewer from properly appreciating the obras of my fellow Mindanaoans. Last Saturday, July 18. 2015, the public was treated to a series of talks by the artists themselves, among them:     Nonoy Estarte on Prac t icing Ar t t hroug h Community Involvement; Maila Secuban on Empowering Women Artists in Mindanao; Jake Vamenta on The Art of Joining Art Competitions; Chris Gomez


2014 ppi’S Best in ENVIRONMENTAL Reporting

on Portfolio for Artists; and Patrick Gabutina on Collecting Art. Frame of Mind features the works of the following artists from various locales of Mindanao: Cagayan de Oro City: Nick Aca, Boyet Ramoso, Chris Gomez, Michael Bacol, Oca Floirendo, Michelle Hollanes Lua, Nonoy Estarte, Patrick Gabutina, Jojo Sescon, Jake Vamenta and Renz Altubar; Iligan City: Jan Pagarian, Maila Secuban, Tzaddi Esguerra, Dianne Loberanes, Farrah Estabaya, Henr y Cocos, Jacinto Geronimo, Edzon dela Cruz, Jeffrey Ouano, Ely Neri, Winston Actub, and Rick Khan Rivera; Pagadian City: Gieward Hulagno and Armin Virata; and Butuan City: Bada Torralba and Gualberto Licong. The organizers express their since thanks and gratitude to the following partners who made the exhibition possible: Limketkai Mall; Abante Mindanaw Party-List (ABAMIN); Bigbys Café & Restaurant; Nanay Choleng’s Muron; Thai Me Up; Chino's Deli; The Red Rafts; and Mercedes cakes and breads.

Petroleum... from page 3

But Eastern Petroleum Chief Executive Officer Fernando L. Martinez said the company is looking at two more biomass projects -- one each in Visayas and Mindanao. “We are exploring all possibilities for diversification and since there’s a lot of interest in ethanol and biomass, we are looking at building two separate cogenerat ion proj e c ts,” Mr. Martinez said on the sidelines of the Energy Smart Philippines 2015 conference in Pasay City. “In doing so, we will be producing electricity and ethanol for local requirements.” The official said Caraga’s portfolio will be composed of the cogeneration facilities and biomass power plant over the next five years. The cogeneration plant in Visayas -- estimated to produce 18 MW of power and 100,000 liters of ethanol -- will entail an investment of about P5 billion. Some P4 billion, meanwhile, will be spent on the facility in Mindanao -- which is seen to produce 12 to 14 MW of power and 50 to 60,000 liters of ethanol. “These will add up to our P4.1 billion investment in the power plant in Agusan del Norte,” said Mr. Martinez. “So we hope to finish everything in five years. The market is ready for the output of these projects,” he added. Caraga hopes to build its power generation portfolio to 100 MW. Eastern Petroleum is mainly a retailer of fuel products but has since expanded to include liquefied petroleum gas distribution in its business portfolio.


fri-sat|July 24-25, 2015

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Shaun Alejandrae Yap Uy


Fake friends are like shadows, they follow you in the sun but leave you in the dark


esterday, I read an article that someone shared on Facebook. It’s the life story of, business tycoon, John Gokongwei. He is the owner of J.G. Summit Inc., Universal Robina Corp., Robinson’s Land Inc., Cebu Pacific Air, Robinson’s Bank, founder of Sun Cellular and so on. He said that when he was young and during the good times in his life, he had so many friends. His father owned movie houses in Cebu at that time so he always treated his friends to free movies. But when his father died, they lost all of their money, their house, their cars and everything they owned. He started walking to school and started working at the young age of 13. What caught my attention the most and pinched my heart was when he said, “When the free movies disappeared, I also lost half of my friends." But, he grew to become one of the 10 richest people in the country today according to Forbes Magazine. Too bad for his fair-weather friends. Hehehe. During the worst time of my life, I have proven that what Mr. Gokongwei said in his article is as true today as it was during his time. It’s sad to know that some people haven’t changed after all these decades. Oh yes, I, too, lost half of my friends. Well, of course, not instantly but slowly.

My so-called friends all of a sudden had their own dramas that gave them a reason to disappear. At first, I felt really bad about it. But, I’m a Leo so I believe that I deserve the best; therefore, losing negative people won’t even matter. I always believe that everything happens for a good reason. I always include my friends in my prayers. I pray, "Thank you, God, for my perfect, loyal, happy and sincere friends.” So, if a friend disappears, then maybe God is just answering my prayer. Maybe He’s simply saying, “Oh, I thought you like perfect friends? So, I removed from your life those friends who are not perfect, loyal, happy and sincere.” On the other hand, I am very much grateful for the friends who were with me in both good times and bad times. They are the people whom I could call real friends, thank you! We all have different stories to tell when it comes to our friends. We have friends that we had since we were kids who are still our friends until now and there are some who are no longer there. As we grow older, we lose some friends because as we growup we all change and sometimes grow apart. We grow to have different visions, personalities, likes, dislikes, priorities and so on. Then, new and better friends come along. I have always believed that



Michelle Francisco

as friends, we should not be judgemental to one another. We should accept and respect each ones individuality. So, if you belong to a group who talks negatively about each other behind their backs, then you need new friends. No one is perfect but you will know when it is not funny or right anymore. There’s a thin red line. When you feel like you don’t belong to a group, let them go. Focus on yourself and your life. Then someday, when you look back, you will see how far you have gone and all of them are still there where you left them. I remember my friend, Nikki, once told me, “You know, for a person who doesn’t go through

much problems in life, you give good advices." Well, I just smiled. Everybody goes through something that you don’t know of. I can say that I am not perfect but I am truly grateful for everything in my life and I deal with my imperfections perfectly. After all, they say that imperfections make life more beautiful and more exciting. When you have been through bad times and come out at the other side, look around you. The people who are still there are your true friends.



You can follow me at these social media: EmpressMichelleFrancisco EmpressMCF empressmichellefrancisco

From Fitnessgears to Wellness XCCA holds The Loop up for construction ARTEKULTURA 8 with Nadine Tengco

with concrete-pouring ceremony


avier University through its Xavier U.S. certified fitness nutritionist Center for Culture and the Arts (XCCA) Nadine Tengco can be described and the National Commission for as “sexy at any age” because at Culture theheld Artsparamount (NCCA) holds 48 years old, her slender figure to its developer, he Loopand recently ArteKultura 8: Writing Culture andasArts looks that of a woman half her Residences, it targets a concrete-pouring Vista Researches and Art Criticism 8, 2015 age. hold its topping offat on the ceremony at its site ontoAugust 8:00 amtotomark 4:30a pm at theinXU Theatre. 4th quarter of 2016. It is an milestone theLittle She became well-known as eventXCCA much awaited construction of this ArteKultura is timeline a flagship project underby unit resident food coach in Biggest owners as they look forward landmark condominium its Cultural Education Program which aims Loser Philippines seasons 1 and to seeing the condominium development. at fostering better understanding of Filipino 2. Ms. Tengco is also the diet towers take shape and poised Located at protection Limketkai and expressions for the promotion of coach of top celebrities such as Avenue corner Rosa rio to become iconic structures in our own cultural and artistic heritage. Anne Curtis, KC Concepcion, Crescent in Limketkai Center CDO. This in year’s topics and are Revisiting Iza Calzado, Solenn Heusaff, homeowners will Cagayan de Oro City,speakers The “Our RootednessCulture and Arts Research in the Georgina Wilson, Isabelle Daza, be pleased to know that we Loop had its concrete-pouring Philippine by Prof Arvin Villalon the for unit looking of at 2018 for Context the pile foundation last are Dawn Zulueta, Julia Barretto, turnover, marking another July 11, 2015,Philippines following the Baguio; University of the The Practice news anchor Karen Davila and milestone for The Loop,” said groundwork that went full of Contextualized Literary and Film Criticism in the favorite heartthrob John Lloyd Cartagena. She added that swing earlier this year. The Philippines by Prof Rogelio F Garcia Jr; and Making Cruz. excavation work amenities such as the clubhouse Place forongoing Criticism within Precarious Sites of Art She has developed several is poised to go full blast and swimming pool will also Production and Reception ProfbeEileen Legaspi successful diet programs for completed by then. simultaneous with boredby piling Ramirez of University of the Philippines popular brands such as Century The LoopDiliman. is a two-tower, works. All The Humanities, Creative Tuna, Belo Medical Group, The condominium “It’s an exciting timeLiterature, for The 25-storey located at Loop. WithArts, all the movement Writing, Visual Cinema ordevelopment Film, History, Sexy Chef and Neo Spa. She has central business and the construction timeline, it’s CDO’s Pol Sci in and International Studies, Sociology, her own successful line of detox commercial district. It is the safe to and say general construction Philosophy Social Science teachers and meals and juices. Ms. Tengco first high-rise in Mindanao can commence towards the students, artists, critics and bloggers are invited also holds regular lifestyle 4th quarter of the year,” said of Vista Residences, sister to join in this year’s Arte Kultura. This is a very cooking classes and food Maja Cartagena, The Loop company of Camella and the good capability building and formation program preparation demos at Epicurious vertical marketing arm of the Marketing Head. for artistic excellence, culture and arts promotion and Center for Culinary Arts. The Loop’s pile foundation, country’s largest homebuilder, and heritage education. fabrication of pile cages, and Vista land. She is the author of various for Homebuyers areand welcome earthworksfees have started earlier Registration are Php 75.00 students “Healthy and Active Living” visit The Loop Business Hub this year. The first building, Php 250.00 for faculty memberstoand professionals. campaigns and a contributor on along Rosario Crescent North of Tower, will start toand A certificate participation attendance will St., healthy eating and living. She will provide wellness located at Limketkai Avenue, Limketkai Center, Cagayan take shape by 3rd quarter of be provided to all the participants. Limketkai Luxe Hotel is tips for fitness enthusiasts at the Limketkai Center Cagayan de the year, with its topping off de Oro City, or to call 088For expected inquiries seatofreservations, please proud to welcome Ms. Nadine Limketkai Wellness Club at 5:30 Oro City. For details, please call 88030880r 0917-8102445, email in theand 4th quarter call Angelene Mae Grio and Margie Madrena Tengco live for a Meet and Greet pm and a special food demo at us at (88) 880 – 0000 or visit theloopatlimketkaicenter@ 2016. through (088) local 09053034377 tour in Cagayan de Oro on July KaVe Restaurant Bar at 7:00 pm., or checkand out the Keepi858-3116 ng T he L oop’s2059, A celebratory toast headed by Ms. Emelia N. Lustado, Camella Northmin Cluster Head, Maja Cartagena, 09122107441. website construction timeline is 25, Saturday. Limketkai Luxe Hotel is The Loop Marketing Head, Violazita Sun, Camella CDO Recruitment Head, with Business Partners and Investors.

BusinessWeek MINDANAO

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2013 ppi’S Best in Business and Economic Reporting


fri-sat|July 24-25, 2015

Brownouts... from page 1

MPMC said in a statement Wednesday. The dams were reported to have lower water levels than last week’s records. ”The low water levels of the dams, which provide around half of Mindanao’s power supply, has brought down the capacity of the hydropower plants of the Agus-Pulangi Hydropower Complexes. This resulted to lower power supply in areas in Mindanao,” the committee added. Lake Lanao currently has a water level of 699.24 meters above sea level (masl), slightly lower than July 17’s 699.26 masl. Agus 4, on the other hand, has a water level of 358.31 masl, slowly nearing its minimum operating level of 357 meters. It is also lower than the 358.88 masl monitored a couple of days ago. Bukidnon-based Pulangi 4 has a water level of 280.40 masl, also slightly lower than the last recorded 281.02 masl. It has a minimum operating level of 282 masl, producing just 20 MW of its 250 MW capacity. Not only that, Mindanao’s power shortage was also worsened by the preventive maintenance shutdown (PMS) of the 105-MW Unit 2 of the 210 MW STEAG coal-fired power plant in Misamis Oriental. It is expected to return online on Aug. 16. The grid operator, National Grid Corp. of the Philippines (NGCP), said that Mindanao had a power deficiency of 248

megawatts (MWs) at 1:00 p.m. Wednesday. As a temporary solution, distribution utilities and electric cooperatives had implemented either manual load dropping (MLD) or activated the Interruptible Load Program (ILP), which is the tapping of generator sets to lower the consumption demand. Electric cooperatives (ECs) that had implemented MLD or rotational brownouts due to the shortage are Zamboanga City Electric Cooperative (ZAMCELCO) losing power for nine hours; Zamboanga del Sur Electric Cooperative 2 (ZAMSURECO 2) for five hours, Sultan Kudarat Electric Cooperative (SUKELCO) for five hours, Surigao del Norte (SURNECO) for 4.5 hours. Other ECs, such as South Cotabato Electric Cooperative 2 (SOCOTECO 2) and Davao del Sur Electric Cooperative (DASURECO), had fared better with its modular generator sets temporarily providing power. (PNA)

Buy-out... from page 1

completed its acquisition of One Network Bank, Inc. (A Rural Bank) (ONB), making ONB the latest member of the BDO group,” BDO said in its regulatory filing Tuesday. The acquisition of ONB, a leading rural bank with 98 active branches and micro-banking offices in the Mindanao and Panay areas, will expand BDO’s presence in the fast-developing markets of Southern Philippines and will give the bank access

to new market segments in the area, the bank earlier said. BDO secured regulatory approval to proceed with the purchase last March. ONB, which has 80% of its branch network in Mindanao, has total assets of P28.1 billion, net loans of P19.7 billion, and a deposit franchise amounting to P17.9 billion as of Sept. 30, 2014. ONB President Alex V. Buenaventura said in December that the bank will not be dissolved and will carry on operating as an independent company after its acquisition by BDO. The Bangko Sentral ng Pilipinas (BSP) gave the thumbs up on the acquisition on March 16, 2015. (PNA)

Cacao... from page 1

Undersecretary Janet M. Lopoz, MinDA executive director, said: “The good thing about this program is that based on a study, intercropping is good both for both crops.” The MinDA project will take advantage of other existing programs such as the Philippine Rural Development Program (PRDP), which has identified cacao as a priority commodity in the Davao Region. The PRDP will cover infrastructure such as farmto-market roads as well as enterprise development initiatives to help cacao farmers improve their productivity, said Arnel V. de Mesa, PRDP national deputy director. “We will complement (other agencies’ programs) so that the development will be faster,” said

Mr. Montenegro. He added that MinDA and the Department of Agriculture, the lead implementing agency for the World Bank-funded PRDP, have started drafting the mechanisms of the cacao program. Ms. Lopoz said an initial P3-billion funding has been recommended for the double-up program. “We have submitted our proposed funding for the project to the national government,” she said. Ms. Lopoz cited Surigao del Sur and Davao Oriental as suitable areas for the program as the coconut farmers in these provinces suffered from the onslaught of typhoon Pablo in December 2012. The government of Davao Oriental, where about six million productive coconut trees were destroyed by the typhoon, has initiated the intercropping method by distributing cacao seedlings to the affected coconut farmers. In Surigao del Sur, Governor Johnny T. Pimentel earlier told BusinessWeek Mindanao that the province is planting cacao trees within about 10,000 hectares in the next five years. Mindanao, currently producing about 90% of the country’s total, is targeting a yield of at least 100,000 metric tons (MT) of cacao by 2020. In the Zamboanga Peninsula (Region 9), the Regional Development Council (RDC) has declared cacao as a “new emerging champion product”, putting it in the existing champions list that includes abaca, rubber, seaweeds, coconut, and sardines.





Upon the Extra Judicial Petition for sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SOCORRO R. ESTOCADA, Curvada, Kapatagan, Lanao del Norte, to satisfy the indebtedness which as of May 29, 2015 amounting to THREE HUNDRED THOUSAND & 00/100 ONLY (Php 300,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 22ND day of September 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

Upon the Extra Judicial Petition for sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SPS. LEONILA B. CEBEDO & CLAVER B. CEBEDO, Maranding, Lala, Lanao, del Norte, to satisfy the indebtedness which as of May 29, 2015 amounting to ONE HUNDRED FIFTY THOUSAND & 00/100 PESOS ONLY (Php 150,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 22ND day of September 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:



TCT No. T-12-809

TCT No. T-22,066

A parcel of land with all the improvements thereon, known as Lot No. 10184, Csd -12-006107, situated at Pinuyok , Lala, Lanao del Norte, Philippines. Bounded on the NW., & NE., along lines 8-1-2 by Lot No. 10184-B, Csd12-006107., and on the SE., SW., along lines 2-3-4-5 by Pinuyok creek and on the SW., NW., along lines 5-6-7- by lot no. 479-E, Csd-12-004455. All are marked on the ground by B.L. Cyl. Conc. Mons. 15x60 cms. Containing an area of NINETEEN THOUSAND ONE HUNDRED SEVENTY (19,170) SQUARE METERS, more or less.

A parcel of land with all the improvements thereon, known as Lot No. 2-A, Psd-10-04151 being a portion of Lot A-2,Psd-123503-019954 situated in Barangay Baroy Daco, Mun, of Baroy, Lanao del Norte. Bounded on the N., SE., 1-2 by Lot 4-3, Psd-123503-019954; SW., 2-3 by lot 4-2-B, Psd-10-042351; NW., 3-4 by Lot A-2-G (Road Lot). Psd-10-041351; NE., 4-1 by lot A-3 Psd-123503-019954. All points referred to are indicated on the ground by 2-3 are old PS Cyl. Conc. Mons. 15 x 60 40 cms., Containing an area of SIX HUNDRED SIXTY TWO (662) SQ.M., more or less. .”

“ All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this July 9, 2015. For the Clerk of Court and Ex-Officio Sheriff (Sgd) CONRADO V. HINGCO, JR. Sheriff IV BWM: July 17, 24 & 31, 2015

Pedro Rufo N. Soliven, RDC Region 9 chair, said the declaration is based on the growing number of groups that are developing cacao farms. “It has a unique competitive advantage in terms of the current number of groups propagating and planting cacao in this region,” Mr. Soliven told BusinessWeek Mindanao. As of 2014, there were 85,785 bearing trees across Zamboanga Peninsula and a production output of 128 MT, based on data from the Philippine Statistics Authority. The region accounted for the third highest production in the country after Northern Mindanao in second with 176 MT. The combined yield, however, is minimal compared with the 4,366 MT of top producer Davao Region. “It is a cash crop which only takes three years before it can harvest,” said Mr. Soliven. As a declared champion product, the RDC will now be doubling efforts to encourage local farmers to develop new or expand existing cacao areas and seek assistance from the Department of Science and Technology and the Department of Agriculture. Majority of the existing farms are in the provinces of Zamboanga del Norte and Zamboanga Sibugay. A one-hectare area inside the Zamboanga Economic Free Port Zone (ZamboEcozone) in Zamboanga City has been allocated for cacao trees. “The demand is so huge (that) even (when) the entire


2014 ppi’S Best in ENVIRONMENTAL Reporting

area of Region 9 will be planted with cacao, the market can still absorb most of these,” Mr. Soliven said. The RDC is looking at member countries of the Association of Southeast Asian Nations (ASEAN) as initial target export markets. “What we can do as of the moment is to look at the ASEAN, which will start (with the economic integration) this year, for possible market,” he said. For all the six champion products, most of which are currently marketed as raw materials, Mr. Soliven said the long-term goal is to develop value-added goods that will prompt the establishment of processing industries and create more employment opportunities in the region.

Isuzu... from page 5

up to the larger 11.00R 20 tubular tires, depending on their need. Isuzu has also improved the safety features of their heavy-duty trucks, combining its highly rigid cab construction and steel door beams with features such as ABS, worry-free trailer coupling, locking fuel tank with step to prevent theft and spillage, replaceable sediment filters to remove deposits and water from oil, and a protective insect screen over the radiator grille to avoid damage caused by stone chips and insect. The Japanese carmaker will start stocking minimal volume of these heavy-duty trucks, which will be available for indent orders.

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA-JUDICIAL SALE EJF No.: 193-07-2015 Upon the Extra Judicial Petition for sale under Act 3135/1508, as amended, filed by the 1ST Valley Bank Inc., Baroy, Lanao del Norte against ANECITA J. MAQUILING , Poblacion Tubod, Lanao del Norte to satisfy the indebtedness which as of May 5, 2015 amounting to TWO HUNDRED THOUSAND ( Php 220,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on 15th day of September 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES TCT No. T-15,839 A parcel of AGRICULTURAL LAND/Known as Lot J-7-A, PSD-123522-019193, situated in POBLACION , Municipality of Tubod Lanao del Norte, Island of Mindanao, Philippines. Containing a total area of ONE HUNDRED SEVENTY (170) SQUARE METERS, more or less including all improvements found thereon such as concrete residential and particularly bounded as follows. LOT J-7-A, PSD-123522-019193 Bounded on the North West, along line 1-2 by lot j-6, (LRC) Psd-179283. On the North and North East along Lines 2-3-4 by Lot J-B, the ( Remaining Portion ) . On the South East and On the South, along line 4-1 by road with the improvements found thereon.

“ All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this July 9, 2015.

“ All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte, Philippines, this July 9, 2015.

For the Clerk of Court and Ex-Officio Sheriff

For the Clerk of Court and Ex-Officio Sheriff



BWM: July 17, 24 & 31, 2015

BWM: July 17, 24 & 31, 2015


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fri-sat|July 24-25, 2015

BusinessWeek Mindanao (July 24-25, 2015)  

BusinessWeek Mindanao (July 24-25, 2015)

BusinessWeek Mindanao (July 24-25, 2015)  

BusinessWeek Mindanao (July 24-25, 2015)