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BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 22

Market Indicators As of 5:30 pm july 27, 2017 (Thursday)

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Marawi rehab probe A RESOLUTION has been filed seeking a probe into the recovery, reconstruction and rehabilitation plans of Task Force Bangon Marawi for Marawi City and other areas affected by the ongoing conflict between government forces and Maute Group. Senator Loren Legarda filed Senate Resolution No. 439 directing the Senate Committee on Finance to look into the plans noting that rehab and reconstruction efforts should include not only public infrastructure but also private buildings and residences that have been destroyed. “We must restore hope, dignity, and peace in Marawi City and other affected areas. Much more needs to be done to provide basic necessities to families affected by the crisis,” Legarda said in a press statement.

Rural electrification THE full electrification target for sitios as set out by the Duterte administration can only be realized if the Department of Budget and Management (DBM) would increase fund release for the program. According to National Electrification Administration (NEA) Chief Edgardo Masongsong, the amount earmarked for the country’s Sitio Electrification Program (SEP) next year would be very marginal at just the level of P1.8 billion. That falls short of the estimated yearly budget of P5.0 billion, so the electrification agency could step up on its commitment of providing electricity access to these far-flung domains. Masongsong noted that 23,464 sitios in various parts of the Philippines have yet to be energized. As a rule of thumb, the cost of providing energy access to them would be more or less P1.0 million per sitio; or P25 billion for the entire target.

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Friday | July 28, 2017

More renewable sources for Mindanao pushed By ANTONIO L. COLINA IV, MindaNews

AVAO City – The National Renewable Energy Board (NREB) said it wants more green energy firms to invest in Mindanao to reverse the current power mix of Mindanao by having more renewable source than non-renewable. During the Renewable Portfolio Standards (RPS) public consultation at the SMX Convention Center Davao Wednesday, National Renewable Energy Board

chairman Jose Layug Jr. said Mindanao’s current power mix is composed of 60 percent non-renewable and 40 percent renewable. renewable/PAGE 11

FRESH CATCH. Fishing-boats dock and unload their catch at the fishport in Aras-asan, Surigao del Sur. photo by jun ayensa

NEDA-10 FORECAST:

Normin economy can grow 8.2% by 2022 By MIKE BAÑOS, Editor-at-Large

THE National Economic Development Authority in Region 10 expects Northern Mindanao to be reaching for double digit growth by 2022. “For the region, the economy is expected to grow by 5.8-7.6 percent over the next five, six years, and to as high by 8.2 percent by 2022,” said NEDA-10 Regional Director Leon M. Dacanay Jr. during a press

conference following the regional unveiling of the Philippine Development Plan and Northern Mindanao Regional Development Plan last week. “Industry and services shall stay as growth drivers, but agriculture shall be made as the backbone of the region’s economic activities,” Dacanay added. The Northern Mindanao

Regional Development Plan for 2017-2022 outlines major strategic plans and priorities that address poverty, and increased incomes to create resilient and sustainable communities, and build v ibr ant i ndu st r i e s and businesses. “The region also aims to reduce poverty incidence among families to as low as 22% by 2022,” Dacanay said. “The bolder objective is to economy/PAGE 11

An artist rendition of The Davao Coastline and Port Development Project -- the joint venture between the Davao city government and developer Mega Harbour Port Development, Inc.

Davao govt cancels P40-B reclamation agreement By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- Mayor Sara Duterte-Carpio said the city government has terminated the joint venture agreement (JVA) with Mega Harbour Port Development, Inc. in

connection with the latter’s unsolicited proposal for a P40-billion reclamation project. In a statement, Ms. Carpio cancels/PAGE 11

EXEMPLARY SALES PERFORMERS. A Brown Company, Inc. (ABCI) awards its exemplary sales performers for March to June 2017 for projects Xavier Estates, Teakwood Hills, Ventura Residences, Coral Resort Estates, and Adelaida Park Residences. ABCI President Roel Z. Castro (5th from left) is shown here with the awardees: (L to R) Jufre Jimenez of JCA Realty, Ruby Hamilton of Leuterio Realty, Chol Perez of JCA Realty, Leah Tare of CDO Brokers & Asso, Helen Hernandez of JCA Realty, Brian Salvaña of CDO Brokers & Asso, Roel Cabantac of CDO Brokers & Asso. advertorial

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Economy

ASEAN cites 2 Moro youths for arts, culture, innovation

ARAWI City -Two young Moros, namely Rasul Alih and Amin Hataman, received awards from the Association of Southeast Asian Nations (ASEAN) this year in Jakarta, Indonesia for feats in their respective fields. The awarding ceremonies were held on July 20 at Sultan Hotel in Jakarta, Indonesia during the 22nd ASEAN Youth Day Meeting and the ASEAN Ministerial Meeting on Youth. Rasul Alih II, an artist and a student, represented Ingat Kapandayan Artists

Center that promotes Tausug arts and culture. Based at the Notre Dame of Jolo College, the group seeks to preserve the cultural heritage of Sulu and the Tausug tribe. T h e g roup t h an ke d t he p e ople b ehind t he Ten Accomplished Youth Organizations Foundation, the Office of Senator Paolo Benigno Aquino IV, and the National Youth Commission (NYC) for the recognition. “You inspired us to do more great things for our nation,” Ingat Kapandayan said through a Facebook post. Meanwhile, 16 yearold Amin Hataman was

responsible for developing biodegradable bags made from coconut by-products. He also received his award during the ASEAN Youth Day ceremonies. Hataman is the eldest son of Autonomous Region in Muslim Mindanao Governor Mujiv Hataman and Anak Mindanao partylist Representative Sitti Djalia Turabin Hataman. “It’s an honor to receive this award. I am very thankful for the NYC for choosing me as the recipient of the ASEAN Youth Award. I am very grateful for being able to join in the discussions and forums, and having

the opportunity to learn more about the relationship between the ASEAN countries, and being able to learn from other delegates of different backgrounds and points of view,” Amin said. James Ceasar Ventura, NYC commissioner, said choosing this year’s individual awardee required looking into other areas that have not been given adequate consideration in the past but could be major sources of inspiration for many youth leaders. “ I n the NYC Commissioners Meeting w he re we s el e c te d t he ASEAN Youth Awardee, we considered not just someone accomplished but someone youths/PAGE 11

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P1.3-M allotted to fight iron deficiency anemia in Caraga BUTUAN City -- At least P1.3 million has been allocated to combat iron deficiency anemia (IDA) in the Caraga region. IDA is a condition where the blood lacks healthy red blood cells due to insufficient iron that enables red blood cells to reproduce a substance that helps carry oxygen to the body’s tissues, Leah Vina Vargas, Nutrition Officer III of the National Nutrition Council in Caraga, an attached agency of the Department of Health (DOH). Va r g a s s a i d I DA i s common in Caraga, especially in impoverished areas, and is also a prevalent health problem that affects both developing and developed countries. To remedy the problem,

she said Caraga’s health office has allocated a sizable amount for its weekly iron and folic acid supplementation for adolescent females of public high schools in the region. The budget is used to purchase more than 2.2 million tablet supplements to cater to the needs of more than 93,000 women who are suffering from the health condition. The supplements are also distributed to 428 schools across the region. Vargas underscored the effort to combat IDA in the region, saying that around the world, iron deficiency affects at least 2 billion people, mostly children and women. According to a study conducted by the Food and Nutrition Research Institute, anemia/PAGE 11

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Miss Cagayan de Oro 2017 candidate Suzzane Martil blurts out a song as she is adored by her backup dancers during the pageant's talent competition held July 15 at SM City Cagayan de Oro. PHOTO BY JACOB CASILE/MISS CAGAYAN DE ORO POOL

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CorporateWorld

operators to help PAL expansion goes into higher Mall MSMEs in Marawi: DTI gear with new jet deliveries THE ongoing expansion program of flag-carrier Philippine Airlines (PAL) goes into high gear next year with the delivery of more aircraft from Airbus all geared for regional and longhaul international flights. Starting next year, PAL will take delivery of half of the 21 A321neos jets ordered two years ago, Jaime Bautista, PAL President and Chief Operating Officer Jaime Bautista disclosed in an interview in Toronto, Canada last week. List price for a A321 Neo jet is $100 million and that places the order for the 21 jets at $2.1 billion. In June next year, Bautista said PAL will take delivery of the first of four A350 jets earlier ordered by PAL. List

price for this aircraft is $200 million each, or $800 million for the entire order. In the later part of this year, PAL will take delivery of the remaining two Boeing 777 ER300 jets ordered earlier. List price for this Boeing jets is $300 million. This will bring to 10 PAL’s fleet of Boeing 777 ER300 jets. Altogether, PAL’s existing order for long-haul aircraft is valued at $2.5 billion based on their list prices. However, as is the common practice in the airline industry, bulk orders are priced lower than the list prices of the aircraft manufacturer. With more aircraft on its fleet, Bautista said the flag carrier is working on opening more dest inat ions and

increasing flight frequencies in North America and Europe, as well as in Australia and the Asian region. Using the 376-seat Boeing 300ER jet PAL now flies to Los Angeles twice daily, and to San Francisco 14 flights a week. It also flies five times a week to New York, via Vancouver. “The market continues to grow, we have the advantage because we are the only carrier that flies non-stop to US from Manila,” he said. PAL has a load factor of

more than 80 percent on its US routes, its most profitable, but it only accounts for 40 percent of the market, which means that those who travel to the US are using other airlines because it is already difficult to book for a flight if it has already attained 80 percent load factor “The average 80 percent l o a d f a c t or m e a n s w e are already fully booked especially during the peak season in December,” he said. Thus, the need for additional expansion/PAGE 10

TRADE Secretary Ramon Lopez said Thursday that mall operators will help micro, small, and medium enterprises (MSMEs) from Marawi City to get back to business immediately. In a text message to reporters, Lopez said the c ou nt r y ’s l e a d i ng ma l l operators, such as SM and R obi ns ons ma l ls , have ag re e d to supp or t t h e affected MSMEs in Marawi by providing them space in their establishments for their products. “For malls around Marawi or in Mindanao, (they will) allocate space in their malls,

say 300 sq. meters, for Maranaw traders who are now evacuees, to get back to business even while the war in Marawi is not yet over,” he said. “They will still pay the rent but malls can offer a special package while waiving the usual six-month advanced rental and also perhaps discounted lease rates for one year.” The trade chief noted that this support is on top of the Department of Trade and Industry’s (DTI) livelihood kit and micro f unding program, Pondo para sa dti/PAGE 10

Holcim to invest $54M in next 2 years HOLCIM Philippines, Inc. is investing $54 million over the next two years to increase its capacity in order to support the government’s flagship infrastructure projects. “ T h e c o mp a ny w i l l invest $54 million in the next two years to add two million metric tons (MT) to its current cement capacity by the first half of 2019,

particularly in La Union and Davao,” Holcim Philippines President and Chief Executive Officer Sapna Sood said in a statement released on Wednesday. This will bring Holcim Philippines’ total capacity to 12 million MT. “Our investments assure that Holcim Philippines will holcim/PAGE 10

Floriline Mae Alado voices her heart out during the recital of Butuan City-based Aesthetics Voice Studio last Sunday at Limketkai Event Center in Cagayan de Oro City. PHOTO BY MARK FRANCISCO

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Mere changing of guards in Bilibid is useless Kakampi mo ang batas

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Batas Mauricio LIFE’S INSPIRATIONS: “…Do not conform to the pattern of this world, but b e t r a n s f o r m e d by t h e renewing of your mind…” (Romans 12:2, the Holy Bible). -ooo MERE CHANGING OF GUARDS IN BILIBID IS USELESS: The disclosures b e i n g m a d e b y Ju s t i c e S e c re t ar y Vit a l i ano Aguirre II during the last two days or so about the continuing proliferation of illegal drugs trading inside Bilibid, or the Nat i ona l Pe n ite nt i ar y i n M u n t i n l u p a C i t y, p rov e t h e c o r re c t n e s s --pardon me for saying t h i s - - - of w h at we h ave been saying all along, right at the moment that Sp e cia l Ac t ion Forces were deployed in the establishment to replace j a i l g u a rd s b e l i e v e d t o be in cahoots with drug syndicates. We said then that mere changing of guards--f rom the old Bureau of

in particular) will leave the faith, and will no longer listen to sound teaching or instruction, and will instead take fancy of deceiving thoughts and doctrines from the devil. They will care about nothing except themselves. They will be wild, slanderous, and will have no fear and love of God. In fact, many will even deny God and His human incarnation, Jesus. C o n s e q u e n t l y, i t would b e ver y e asy for almost everyone to commit heinous acts--from raping and killing even mere babies and octogenarian women, to stealing billions in government funds in more ways than one, to dispensing uneven justice, acquitting the g u i lt y an d p e r s e c ut i n g and jailing the innocent. -ooo T RU E C HA NG E I S POSSIBLE ONLY WITH S P I R I T UA L R E F O R M : The objective of any true l e a d e r, t h e re fore , i s t o make sure that there is a spiritual transformation among his constituents. Any true leader who aspires for truly beneficial changes must see to it that the minds and the spirit of the people he governs are reformed so they will no longer conform to the evil that controls the world. The genuine leader

must be concerned about “renewing the mind” of the population, by instilling in them true fear and love of God, whatever each one of them may call Him in his or her own religious group or affiliation. There must be an effort to steer our countr ymen towards having the “Spirit of God” in each one of them, so that in whatever they think, say, and do, they will always be guided by godly principles. At t h e v e r y l e a s t , a leader truly desirous of freeing his people away from the grip of evil must teach them to always ask themselves, in whatever t h e y t h i n k , s ay, or d o : is it the truth? Is it fair t o a l l c o n c e r n e d ? Wi l l it build goodwill and better friendships? And, will it be beneficial to all concerned? If e ver yone will do this, we will be on our way to success and progress. -ooo WAT C H “A N G TA N G I N G DA A N ” AT FA C E B O O K : “A n g Tanging Daan” is a Bible exposition and prayer session for ever yone, in English and Filipino, 24/7, worldw ide, t hat c an b e viewed at www.facebook. com/angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: b a t a s m a u r i c i o @ y a h o o. com.

Living with unavoidable evil

Oro Chamber

The Juggler Think a minute…There was a young man who moved from his home in Italy to live in America. He studied juggling and soon became famous all over the world. Later in his life, after years of success as a juggler and performer, he decided to return home to Italy and retire. He sold almost everything he owned and bought a big, expensive diamond. Then he boarded the ship for his home in Italy. One day he was showing a boy on the ship how he could juggle several apples at one time. Soon a crowd of the passengers gathered around to watch. Then the old juggler got more and more carried away with himself, wanting to impress the crowd. He ran to his room and got his precious diamond. He showed it to the people and explained how the diamond represented his whole life’s work and savings. Then, to the people’s shock and amazement, he started juggling the diamond! At first, he was careful; but each time he threw the diamond higher and higher. Finally, he told his audience that he would throw the diamond one last time so high that it would disappear for a few seconds. The people begged the old man not to do it,

Correction guards to Special Action Force policemen---at the National Penitentiary will not truly stop the trading of illegal drugs there, if there is no corresponding change of heart and mind of the SAF policemen or other people who will be assigned in that place. Unless the new guards, whether they be from the Philippine National Police or t he Ar me d Forces of the Philippines, have true fear and love of G o d i n t h e i r h e a r t s and in their minds, they will be susceptible to corruption coming from those interested to pursue t h e mu l t i - b i l l i o n p e s o sale and distribution of i l l e g a l d r u g s u s i ng t he National Penitentiar y as headquarters. Aguirre just confirmed the devastating accurac y of what we predicted. -ooo EVERYONE HAS BECOME A CRIMINAL: I am tempted to say, “I told you so”, but then, let me repeat the truth: what I have been saying about e v i l and cr im ina l it y in our midst are not really m ine. T he y come f rom the Christian Bible. This book says many people will become truly sinful and bad and evil during our time. The reason given for this phenomenon is that, man (and, yes, Filipinos

hints and traces

think a minute

roy cimagala jhan tiafau hurst but he wouldn’t listen. So with the confidence of all his years of experience, the juggler threw the diamond so high into the air that it actually did disappear, before it started falling back down, shining and sparkling in the sunlight. Then, just as he was about to catch the diamond, a huge wave suddenly caused the ship to move and lurch forward, causing the juggler not to catch his diamond, which fell into the ocean and sunk, lost forever. What a sad story. To risk and lose everything you own and have worked for all your life. Yet some of us are just like that juggler. We’re very confident in our own strengths and abilities. We want to be in control and live life our own way, even though our Maker has clearly hurst/PAGE 10

“Let them grow together until harvest.” That was the answer of the master in one of the parables about the kingdom of heaven. (cfr Mt 13,24-43) He was telling the servants to let the weeds sown by his enemy to grow together with the wheat. Pulling the weed out would just endanger the wheat, he reasoned out. This parable is an image of how our life now, with all its good and bad elements, is already the beginning of the kingdom of heaven. We h av e t o l e a r n h o w to live in this condition, where evil is unavoidable, without getting confused and lost. The p arable can tel l us many things. For one, it s e ems to tel l us t hat

we should be patient and t o l e r a nt of e v e r y b o d y, especially of those who are clearly in error and are causing us some trouble. In spite of how they are, they are still our brothers and sisters, all children of God who have strayed from the right path and are in need of help actually. In other words, we have to learn how to bear with ever yone. We have to broaden our mind and heart to be able to accommodate everyone in our heart, including those who are so different from us in some respects, and those who are precisely giving us trouble, being clearly in error and are making offense. We have to learn to suffer, since suffering is an unavoidable consequence of evil. In all this, we should never lose our peace and concern for ever yone. In fact, those who have strayed, we have to seek out, just like what the shepherd did in the parable of the lost sheep. (cfr. Mt 18,1214) T h at i s p a r t o f t h e charity as described by Christ. “Love your enemies

and pray for those who persecute you,” he said. (Mt 5,44) “If any one strikes you on the right cheek, turn to him the other also…” We have to be ready for these situations. That is why we need to be both tough and magnanimous, willing to go through the hardships if only to live the charity as Christ has commanded us to live. It is not that we start considering evil as good. No, not at all. We should do all to avoid it. More than that, we should try to drown evil with an abundance of good. And if possible, we should convert evil into something good. If we are persistent and inventive enough, I think we can find ways to do that. Remember the story of Joseph, the son of Jacob, who was cruelly sold by his own brothers but ended up becoming a leading man in Egypt? (Gen 37 ff ). When that dramatic moment came when he revealed himself to his brothers, with magnanimity he forgave t h e m an d prom i s e d t o support them. “You meant evil against me,” he told his brothers,

“ but G o d m e ant it for go o d, to bring it ab out that many people should be kept alive.” (Gen 50,20) By being God-like, we can turn evil things into something that is go o d for all. We should try our best not to be dominated and scandalized by evil. In another parable, Christ mentioned that the kingdom of heaven is like yeast that a woman took and mixed wit h t hre e me asures of wheat flour until the whole batch was leavened. (Mt 13,33) With this parable he tells very clearly that a little act of goodness can have a tremendous leavening power to turn something flat into something filled with goodness. We should just focus on doing good, even if the circumstances around are unfavorable or even hostile. We should not respond to evil with evil. It will only lead to destruction to all parties involved. Rather as St. Paul said: “Do not be overcome by evil, but overcome evil with good.” (Rom 12,21) Email: roycimagala@ gmail.com

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Big banks fail to meet agri-agra lending quota BIG BANKS continued to beg off the required lending to farmers during the first quarter, latest central bank data showed, even as credit lines grew by nearly a fifth from a year ago. Universal, commercial, and thrift banks ignored the credit quota for agriculture and agrarian reform beneficiaries between January and March, despite an existing law that requires financial firms to allocate portions of its loanable funds to these sectors. Signed in 2010, Republic Act 10000 or the Agri-Agra Reform Credit Act imposes a credit quota for the farming sector, wherein banks must allocate at least 10% of total loanable funds to agrarian reform beneficiaries, and 15% for farmers and fisherfolk. Philippine banks granted P502.449 billion in loans to the farming sector during the quarter, which is just half of the P906.5 billion required amount under the seven-year-old law. The figure rose by 16% from the P431.367 billion handed out in March 2016, but did not match the 22% surge in the amount of loanable funds held by the lenders which grew to P3.626 trillion, according to the Bangko Sentral ng Pilipinas

(BSP). Only rural and cooperative banks met the required lending levels, sustaining a trend observed over the past few years. The small lenders allotted 16.57% of its funds to agrarian reform clients at P8.26 billion, well above the 10% standard. Lending to the farming sector took a 29.7% share of the local lenders’ portfolio at P14.785 billion, although slipped from the P14.988 billion lent out during the same period last year. On the other hand, the big banks approved higher loan amounts as of March this year, although the share remained well below the required levels. Universal and commercial players set aside P25.765 billion in loans for agrarian reform borrowers, which jumped by a third from last year’s P18.99 billion. Still, the amount accounted for just 0.76% of the banks’ P3.41trillion total credit line. L e n d i ng t o f ar m e r s likewise rose to P434.637 billion from P374.512 billion previously, but only took a 12.75% share versus the 15% requirement. Thrift banks also failed to hit the lending thresholds during the quarter, having set quota/PAGE 10

City reviews Incentive Code

AVAO City -- The city government is reviewing the 23-year-old Davao City Incentive Code so that packages are harmonized with current development. The review will b e facilit ated by Price Wa t e r h o u s e C o o p e r (PWC) thru Isla Lipana, the Philippine member-firm of PWC UK. Davao City Investment and Promot ion C enter (D CIPC) chief L emuel Ortonio said the review team will arrive in Davao City next month to discuss with them the process and funding component; then agree on

BIDS for the central bank’s Term Deposit Facility (TDF) were still below the offering Wednesday but tenders for the longer-dated facility rose. Data released by the Bangko Sentral ng Pilipinas (BSP) showed that banks submitted for the second week in a row bids that were lower than the P40-billion offering for the shorter-dated facility. Banks submitted P35.05 billion for the seven-day facility, also lower than last week’s P35.238 billion bids.

Story and Photos by MARK FRANCISCO

project chair Dr. Janrey Colonia that City Schools Division superintendent Dr. Elena Borcillo immediately approved. Borcillo did not waste time rallying the 40 elementary and secondary public schools in Cagayan de Oro City in appealing to their students to donate for the immediate

The recuperating wounded soldiers from the 1st Infantry Division

the terms of reference. The city government and the PWC partnership came about when the latter assisted DCIPC developed a guide book on holding investment road shows. Davao City is among the six cities that PWC assisted with the guide book. The other cities were Cagayan de Oro City, General Santos City, Cebu, Iloilo and Bacolod. T h e i n c e nt i v e c o d e was approved in 1994. It was in 1995 when the city government granted tax incentives. From then on until this year, the city already granted tax packages to 235 firms. Four of them will

graduate this year or were fully completed the incentive package. Ortonio said the grantees were of mix industries but a majority of them are engaged in agri-business, tourism facilities, and property development. He said that two companies were granted incentive for the first quarter this year. One of them is a low-cost housing project - Apo Highlands in Cataluna Grande, and an infrastructure and green project - the Apo Agua in Calinan. In 2016, housing project developer and a feed mill investor in Toril were granted tax package.

The current incentives granted to investors is a package on fees for three years while the real property tax exemption of 70 percent for two years. It covers fiscal and non-fiscal incentives for investments falling under the preferred investment areas. Ortonio pointed out the incentive code is not the gauge of the investors to invest but it helps or gives them perks. Meanwhile, Ortonio said they are also in the process industry profile list-up of the preferred industry areas. They already completed the agri-business profile. (Digna D. Banzon/PNA)

Bids for BSP’s TDF remain below offering

Oro schoolchildren give back to soldiers AS 4th Infantry Division c om m an d e r Maj. G e n . Benjamin Madrigal Jr. would put it, it was a moment of irony. Soldiers used to reach out to students in public schools, handing out school bags, assisting in feeding programs, etc. Now it’s the other way around. Last Friday, 3,000 gift boxes containing assorted toiletries, canned goods, bottled water and letters of encouragement were handed out by public schoolchildren from Cagayan de Oro City to soldiers in Camp Evangelista, notably the wounded ones who were recuperating after their armed encounter against Maute terrorists in nearby Marawi City. It was a concept by

Banking&Finance

needs of the soldiers (the wounded ones who saw action came from the 1st Infantry Division while the ones maintaining the peace in Northern Mindanao are from the 4th Infantry Division). The kids were forthcoming and embraced the idea. “Even though we are young, we care because you are the ones clearing the path for our peaceful future,” Division Federated Student Supreme Government – High School president John Gabriel Suralta said. Madrigal did not mince his words of gratitude in return. “This time, it’s your turn to give the care packages. It’s heartwarming that at your young age, you already understand and care what we are doing as protectors of the people,” he said.

The auction committee, however, accepted all the bids. The tenor’s weighted average accepte d y ield improved to 3.3080 percent from last week’s 3.2597 percent but its bid coverage ratio declined to 0.8763 from week-ago’s 0.8810. Bids for the 28-day facility rose to P106.19 billion from last week’s P89.142 billion. This, however, was still below the P140 billion offering. We i g h t e d a v e r a g e accepted yield went down to 3.4929 percent from last week’s 3.4948 percent but bid

coverage ratio rose to 0.7585 from 0.6367 last week. BSP Deputy Governor Diwa Guinigundo attributed the lower bids to banks’ decision to increase loans disbursement and placements on government securities. “This is after all expected by the BSP because we want excess funds of the banks to b e channeled to financing productive economic activities including infrastructures,” he said. TDF is part of the central bank’s Interest Rate Corridor (IRC), implemented since

June 2016. It is targeted to mop up excess liquidity in the market given the high liquidity situation in the country. Monetary officials have changed the TDF volume from the initial P10 billion offering for the seven-day facility and P20 billion for the 28-day facility in line with large bids earlier submitted by banks. “We continue to assess various IRC features including the volume of weekly auction,” Guinigundo added. (Joann Santiago/ PNA)

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Upon the invitation of coach Andy Calingin, a high school basketball team from France is here in Cagayan de Oro City for a series of exhibition games versus the Liceo de Cagayan University team. First stop will be at Gusa covered court Friday night and the Saturday morning after at Liceo Civic Center. The event is also being sponsored by Councilor Jay Pascual. PHOTOS SUPPLIED

7 things to look out for in Disney’s Newsies Globe LIVE and 9 Works Theatrical dazzle audiences with hit Broadway musical

Extra, extra! Globe LIVE and 9 Works Theatrical’s pro duc tion of Disne y’s Newsies is bringing in rave reviews and packed audiences, and those who haven’t seen it still have time to catch what many are calling a dazzling and spectacular show. “Globe Live and 9 Works Theatrical have created a triple-threat extravaganza that rivals some of the best local productions seen in recent memory,” from Broadwayworld.com. Newsies is a Broadway musical based on a 1992 Disney film. It is loosely based on the real-life 1899 newsboy strike in New York City, where a group of boys initiated a strike hoping to improve how the child labor force of newspaper hawkers were compensated. “ Ne w s i e s i s o n e o f Broadway’s most difficult shows to produce because it demands its actors to be able to sing, dance, and act. We were able to pull it off with 19 out of 19 rave reviews and the loudest cheers and standing ovations for every performance. It’s a show that’s not to be missed,” shares Sr. Advisor for Creative Marketing & Multimedia

#GlobeLive9WTNewsies cast on stage

Businesses, Joe Caliro. Here are seven things to look out for in Newsies: 1. The David and Goliath story Newsies is based on a historic strike in New York City, where a group of young boys demanded fair wage from Joseph Pulitzer and William Randolph Hearst, two of the country’s biggest newspaper publishers. The outcome of the strike, both

in history and in the musical, encourages viewers to fight for what’s right, no matter how big the foe. This happened on 21st of July, which marks the 118th anniversary of the newsboys’ strike, making this performance of Newsies all the more special. 2. The unforgettable music The inspiring story was delivered through the catchy songs, developed by the award-winning composer

Alan Menken, who also created the music for The Little Mermaid, Beauty and the Beast, Hercules, and many more. Newsies won a Tony Award for Best Original Score, and Globe LIVE did it justice by curating a stellar cast led by Gian Magdangal as strike leader Jack Kelly, Danielle Chopin as journalist Katherine Plumber, Jef Flores as Davey, and Pinky Marquez as performer Medda Larkin.

Of course, the rest of the cast performed just as well, hitting the right notes while dancing and acting. Don’t miss out on the infectious “Seize the Day” and “King of New York”! 3. The unbelievable dancing When they say Newsies is one of the most difficult shows to produce, they w e r e n’t k i d d i n g . T h e Broadway production also won a Tony Award for Best Choreography, which isn’t surprising considering it combines ballet, hiphop, tap, jazz, gymnastics, and more. To prepare the cast, Globe LIVE established Training Ground, a series of sessions with choreographer PJ Rebullida, where the cast took singing, dancing, and acting training to become triple-threats. Watch the series online at go.globe. com.ph/newsies.html. 4. The live orchestra The singing, acting, and dancing is accompanied by a live orchestra, which makes the show an even more electrifying watch. The band is hidden at the back, but they make their presence felt with every instrument they play, making the audience want

to dance and clap along. 5. Jack Kelly and Katherine Plumber’s love story Every story has a love angle and in Newsies, it’s between Kelly and Plumber. Besides striking against the country’s top publishers, Kelly is also pursuing Plumber, a smart and beautiful woman from an established family. Sparks fly between the two of them and the audience can’t resist swooning every time. 6. The gorgeous set Globe LIVE and 9WT created a breathtaking set at the outdoor amphitheater of the Globe ICONIC Store, where the large cogs and three-level scaffoldings could be moved around between scenes. This was the perfect setup for the actors, who maximized the stage with their pirouettes and backflips. We used projection mapping to create the classic turn-ofthe-century NYC backdrop, which adds authenticity and feel to the set. 7. The cheering audience At the start of the show, Caliro entered the stage to encourage the audience to cheer and have fun instead of just politely clapping (after newsies/PAGE 10

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UCPB opens all its branches on Saturday, July 29 to accommodate clients who will claim their EMV cards UCPB has announced it will open all its 188 branches nationwide on Saturday, July 29, 2017, to allow its clients to claim their new, EMV chip-equipped VISA Debit Cards as the Bank’s non-EMV ATM cards are

set to be deactivated on Tuesday, August 1, 2017. “This is actually the fifth time we’re opening our branches on a weekend for this purpose. We also opened our branches on all Saturdays of June to accommodate

SSS, NG release more than P4.6B for educ loan program State-run Social Security System (SSS), in partnership with the National Government (NG), has disbursed more than P4.61 billion for its education beneficiaries since it rolled out the Education Assistance Loan Program (EALP) in 2012. SSS President and Chief Executive Officer Emmanuel F. Dooc said around 81,200 student-beneficiaries have benefited since the program began. “The program only started five years ago and we have already served more than 73,000 members and their beneficiaries. This partnership with the national government is really meant to help our members finance the educational need of their immediate family members,” Dooc said. “We wish that the program fund will continue to revolve among our member-borrowers and future beneficiaries. So we also ask our successful beneficiaries, those who have already completed either a college degree or vocational course, to pay their respective loan amounts. Loan payment is also easy with up to 18 months of grace period from the last release of loan proceeds,” he added. From the 7, 542 beneficiaries in 2012, it increased nearly 11 times to reach the present number of beneficiaries. For the said beneficiaries, total disbursement was recorded at P4.61 billion this year from the P900.55 million on the pilot year. SSS and NG shared equally the disbursed amount to members. Dooc clarified that SSS does not receive any subsidy from NG, contrary to recent news reports. “We wish to clarify that SSS does not receive any subsidy from the national government. EALP is the only SSS program that has a counterpart funding from the national government and this is

a loan program for our members,” Dooc said. “All expenses of SSS including benefit payments like pension and operating expenses are sourced from the collection and investment income,” he explained further. Recent data from the Bureau of Treasury showed that in May, SSS received P73 million of assistance from the national government as part of its share to the Education Assistance Fund Program (EAFP). The amount disbursed by the government was requested by SSS in advance in anticipation of the expected number of applications for the incoming semester, said Dooc. Under the EAFP, SSS is allowed to provide educational loan assistance to its members with a total fund allocation of P7 billion; P3.5 billion of which will be financed by the national government as approved by then President Benigno Aquino III and the other half from SSS. EAFP loan beneficiaries can be SSS members including their legal spouses or children. While unmarried members can have their siblings, including halfbrothers or half-sisters as beneficiaries. To qualify for the loan, members must not earn more than P25,000 a month. At present, the EALP fund has already been allocated to memberbeneficiaries. However, SSS still receives applications to the loan program on a waitlist basis. Only when a member-beneficiary has dropped or graduated from school will there be an opening for a new loan applicant. “As I have mentioned earlier, the fund of this program is a revolving fund. We have to wait for the repayments from our successful beneficiaries which will be used for future loan releases,” Dooc said.

the release of EMV cards to our clients” said UCPB Vice President and Marketing Group Head Charina D. Balanquit. “We’re doing the deactivation of non-EMV ATM cards to protect our cardholders from fraudulent transactions. At the end of the day, our cardholders will benefit from this exercise.” The Bank began its efforts to replace its existing magnetic-striped cards as early as October last year with the launch of its UCPB VISA Debit/ EMV Card. The UCPB VISA Debit/EMV card is powered by EMV technology, the global standard in payment card security. Aside from increased security,

the card also makes it easier and convenient for clients to pay for their local and international purchases at stores or online merchants and minimizes the cardholder’s need to go to an ATM terminal to withdraw cash. Traveling is also made more convenient with the UCPB VISA Debit/EMV Card as withdrawals of foreign currencies abroad can now be made from any VISA-affiliated ATM. UCPB completed the migration of its systems to be able to issue and process EMV chip-enabled cards in compliance with the mandate of the Bangko Sentral ng Pilipinas (BSP) for all banking

institutions to adopt the EMV technology for cards and card-accepting devices. UCPB has been certified by BancNet to be EMV-compliant. Should clients fail to replace their old ATM cards by the time UCPB deactivates the magneticstriped cards, the Bank will accommodate overthe-counter and interbranch withdrawals. Clients who are located far from their maintaining branches may also arrange for the release of their EMV cards at a UCPB branch nearest to them. Close to 50 percent of UCPB cardholders have already claimed their new cards. All replacement cards have

been produced and need only to be claimed by cardholders at UCPB branches nationwide. For more information, please visit any UCPB branch; call UCPB Customer Relations Center: (632) 811-9111; Toll-free: 1-800-1-8889777; or connect through various online platforms: Email: crc@ucpb.com, Facebook:/ucpb.connect, Twitter: #ucpb_connect, and www.ucpb.com.

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Philippines’ 100 millionth baby celebrate 3 Story by MARK FRANCISCO Photos by ERCEL MAANDIG

JULIANNE Cobayan of Cagayan de Oro City and Rundy Boy Dantes of Misamis Oriental both celebrated their third birthdays last Thursday. So what’s so special about these kids? Both were christened as the 100 millionth babies of the republic three years earlier upon being born. Because of this privilege, the two were checked by a government paediatrician, being handed down vitamins by

the Department of Health (DOH) and given nutrition counselling by the National Nutrition Council (NNC) in a ceremony last July 27 at the Population Commission (Popcom) 10 office. Popcom 10 director Jeremias Gupit said it is the thrust of the agency to monitor these babies. “POPCOM staff are assigned to visit the residence of these symbolic babies so that services on proper

By: Hazel G. Diez

nutrition, complete immunization and comprehensive health care and other socioeconomic system

are provided to them,” he said. It may be recalled that on July 27, 2014, the population in the country turned 100 million. POPCOM 10 then conducted a regionwide search on the symbolic baby to represent hope and challenges of every Filipino. Their birth was a call to make everyone count in development by ensuring that each child is able to live a healthy, productive and livable environment, Gupit said.

THE LOVE FOR MATH: NATURAL OR NURTURED? By: Margelyn A. Olohoy Secondary School Teacher III Misamis Oriental General Comprehensive High School

Math is viewed by many as the most difficult subject in school due to its abstraction and mind boggling lessons. Teaching Math to the 21st century learners is a very thought-provoking one. We must ke ep abre ast with the fast changing time and the demands of the technologically savvy learners. Math teachers are challenged on how to develop the right knowledge, skills, attitudes and values of these learners for them to be ready in living the real world as they leave the portals of the school and be globally competitive as well. The biggest challenge of being a Math teacher is on how to spark the LOVE FOR MATH to these learners and to keep the fire burning. In the field, we are faced with the unending questions of students like, “Why we need to study Math?” Does it make sense? Do we really need to love MATH? Consider this FACT: One of humanity’s great achievements through time is Mathematics. It serves as an important tool widely used in

many disciplines. It facilitated developments in the field like science, technology, engineering, business and government. Math is the language of science as they say. It quantifies and accurately evaluates results of changes or advances in a field of study. Computers, internet and communication technology are some of the by-products of enhancing Mathematics. In Engineering, it analyses machine components, durability of structures, symmetry of designs and the like, thus help make sense of our world while bringing out its beauty at the same time. For businesses, Math helps analysts to figure out whether a product is selling or it needs modification, or whether the firm is gaining or losing. Government officials must be mathematically wise to weigh phenomena and events for the betterment of their constituents. Math is also an intellectual achievement of great sophistication that embodies the power of deductive reasoning, where individuals

Primary roles and responsibilities of a disbursing officer and bookkeeper

become logical thinkers. Furthermore, for people to participate fully and effectively in society they must know basic mathematics and to reason mathematically other wise opportunities might be deprived and so with their competence in everyday tasks. Achievements mentioned above may not have been made p ossible wit hout Math. For this reason, LOVE MATH! Does love for Math comes naturally? Or is it nurtured? According to research people are born with an innate ability to deal with small numbers and a certain amount of Math knowledge and skills are genetic in origin. Thus, certain Math skills are in us naturally. Moreover, the brain has a great plasticity and after a person is born, a lot of brain growth happens. The brain continues to grow new neurons and new connections among neurons throughout life. Therefore, the human brain has components that can adapt to learning and using mathematics. Hence, majority of a person’s Math knowledge and skills come from learning—learning to use par ts of the brain that

can learn to do math that were not specifically and genetically designed for this purpose. Consequently, if Math skills are innate, love of Math comes naturally and if it can be learned and developed, it follows that it can be nurtured as well. When love fades, it just needs to be rekindled and sustain the burning. As one of the Math teachers of today’s generation, the biggest challenge of time is how to let the learners understand the value of Math in their daily life. Parents also take part by encouraging their children turn on the light for the students to value and love Math. Cultivating awareness that Math is important in the total human development and a relevant body of knowledge in the growth of the human race may not be a piece of cake. It may not be easy. There is a need to demonstrate the usefulness of Math in the real world and make ourselves positive role models for valuing Math. Students have to feel the beauty of Math and love the lessons behind it which are relevant in reallife situations. To LOVE something is to take ACTION.

Government today is clear in its transparency policies and the urgency to support and implement its projects. And so, to support it all is a backbone of a good financial system. There are two basic roles that will be featured. A disbursing officer plays a great role in a certain agency. It is he w ho d raws mone y or deposit collections. Every government officer shall exercise the same vigilance in respect to petty contingent expenses as a person of ordinary prudence may be expected to exercise in spending his own money. The disbursing officer shall ensure that the rules regarding the preparation of bills are observed, that the money is either required for immediate disbursement or has already been paid from the permanent advance and that the expenditure is within the available allotment of funds.

A bookkeeper on the other hand, has prime and central role to maintain financial records for a company, agenc y or organization. To do the job effectively, one must be detail – oriented skill that allow him to keep up with the agency’s expenditures, income, payroll and tax requirements. Familiarity with accounting software is beneficial because most company’s or agencies use these programs to report transactions, issue payments and balance accounts. More importantly, they must be organized, trustworthy and thorough with administrative tasks. Since, they are responsible for handling company’s or agencies finances. A steady workflow is a must to keep up with administrative tasks, financial obligations will not get behind and so with the paper requirements.

Expansion... from page 3

capacities. Bautista said PAL will attain the 4-star airline by the end of this year, and hopefully, the five-start status five years from now. This ratings are conducted by Skytrax yearly based on surveys on customer satisfaction. On the domestic front, Bautista said PAL hopes to regain dominance of the market with the acquisition of the all-new generation Bombardier Q-400 turboprop aircraft which, when fully delivered, will boost PAL’s domestic capacity by 20 percent. PAL has ordered a total of 12 of this aircraft for delivery up to early part of 2018. PAL took delivery of the first Q400 last week in Toronto. With a list price of $31 million per aircraft, PAL was able to get it at a lower price because of bulk order. Mit su i & C o. ( As i a Pacific) Pte. Ltd. provided the lease financing for first three Bombardier Q400 plane, according Noriyuki Moriyama, Mitsui Manila Branch General Manager and Philippine Countr y Chairman, who also attended the turnover ceremony in Toronto, Canada last week. He said Mitsui was ready to extend PAL similar financing arrangements for its aircraft acquisitions in the years ahead. PAL became the launch airline in Asia for the new generation dual-class B ombardier Q400 plan, touted as ideal aircraft for the Philippine domestic market. The first plane left Toronto last Friday for a 7-airport 4-day sortie to Manila and was expected to arrive last night.

DTI... from page 3

Pagbabago at Pag-uwi for Maranaw MSMEs, who have evacuated to other parts of the country to escape the ongoing clashes between government troops and a terror group in Marawi City. “We shall include this as part of our Bangon Marawi programs, to provide market access,” Lopez said. (Kris M. Crismundo/PNA)

Holcim... from page 3

continue to provide a reliable supply of an essential building material as cement demand increases in the country as these projects come on stream,” Ms. Sood said. The Duter te administration is looking to spend P860.7 billion on public infrastructure projects this year, which forms part of a grand P8.4-trillion spending plan until 2022 as part of the government’s “Build, Build, Build” initiative. Me a nw h i l e , Ho l c i m Philippines reported a 46% drop in net income to P1.16 billion in the second quarter, from P2.1 billion reported during the same period in 2016, due to softer demand for cement. Revenues dipped by 21% to P8.5 billion during

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the April to June period, from P10.8 billion a year ago. This pushed first-half earnings 43% lower to P2.1 billion, from P3.7 billion during the same period a year ago. Revenues also fell 17% to P17.4 billion. “L owe r i n c om e w a s mainly due to lower sales as well as higher production input costs. The Company has implemented various company-wide initiatives to further improve operational efficiency,” the company said. The company also noted a “softer” environment compared to last year, which was characterized by higher infrastructure spending due to the pre-election season. Holcim Philippines is a member of the LaFargeHolcim group, the world’s leading firm in the building materials industry which is present in 80 countries.

Hurst...

borrowers can be trusted, as he doubted the ability of mandated lending in terms of improving access to credit for farmers and small-scale firms.

Newsies... from page 6

all, it’s outdoors!). The result? The audience went wild after each number, creating a fun and vibrant atmosphere that redefined the Filipino theater experience. Those who haven’t seen Globe LIVE and 9 Works Theatrical’s Newsies can still catch up as it is on its last run this weekend. Don’t miss out on the chance to seize the day! For more information, visit the website at http:// go.globe.com.ph/newsies. html. Tickets are available at https://www.ticketworld. com.ph.

from page 4

shown us that the only way to really live successfully is His way. The only way to stay satisfied and safe is the way Jesus Christ showed us. Yet, we keep juggling with our own priceless life just one more day. But we never know when our life will suddenly end— and we will have lost our eternal life and suffer forever. Friend, for your own sake and happiness, why not ask Jesus to forgive you for all your wrongs and living your own way? Then ask Him to give you His power so you can start changing to live His way every day of your life—before it’s too late. Just Think a Minute …

Quota... from page 5

aside only P2.868 billion or 1.73% of its funds for agrarian reform and P16.136 billion or 9.72% for the farming sector, BSP data showed. Banks are given several options to meet the credit quotas. Direct compliance involves loan approvals to qualified borrowers and the purchase of eligible loans from other financial firms. On t he ot her hand, alternative methods include investing in duly-declared eligible debt instruments, investing in the special deposit accounts of BSPaccredited rural lenders, wholesale lending to rural banks, granting rediscount loans to other banks covering farm loan credits, and the extension of loans for public infrastructure for the benefit of the farming sector. D e spite t he s e, tot a l compliance across the entire Philippine banking system stood at a mere 12.84% for farmers and fisherfolk worth P465.557 billion, and P1.02% or P36.892 billion for agrarian reform beneficiaries. Officials have said that lenders simply choose to pay the penalties rather than lend to these so-called “risky” sectors. BSP Governor Nestor A. Espenilla, Jr. has said that banks should gain access to comprehensive credit data in evaluating whether

EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS Notice is hereby given that the intestate estate deceased Abundio dela Cerna who died intestate on April 3, 2006; that the said Abundio dela Cerna at the time of his death left certain parcel of land situated at Maranding, Lala, Lanao Del Norte which land is ORIGINAL CERTIFICATE OF TITLE NO. P-12-022; LOT NO. 7119, SWO 24530; containing an area of Two Hundred Fifty Six (256) SQUARE METERS, more or less situated at Maranding, Lala, Lanao Del Norte; the deceased Abundio dela Cerna is the subject of Extra-Judicial settlement of Estate among Heirs; is made and entered into by and among the heirs of Abundio Dela Cerna namely; Leonida Dela Cerna Antiampo, Bernardita Dela Cerna Quibuen, deceased Meliton dela Cerna substituted by her daughter Maricris Dela Cerna and Danny Dela Cerna, Jemilo Dela Cerna, Marina Dela Cerna Gonda, Zenaida Dela Cerna Alfeche, Edwin Dela Cerna, deceased Allan Dela Cerna substituted by her children; Cheal Dela Cerna, Allan Leroy Dela Cerna, and Shela Dela Cerna Tucaling all of legal ages, Filipinos, and with common ancestral address at Lanao del Norte Philippines; that the parties hereto being all of legal ages and with full civil capacity to contract, do hereby, by these presents, agree to divide and adjudicate among themselves pro indiviso or in equal shares among all the children of deceased Abundio Dela Cerna, the abovedescribed parcel of Land; Under Notary Public of ATTY. JOHN ISMAEL B. BORGONIA, As per Doc. No. 18; Page No. 4; Book No. I; Series of 2017. BWM: July 28, Aug. 4 & 8, 2017

TWG to study partnership for school canteen mgmt project CAGAYAN DE ORO CITY -- The City Council committees on health and sanitation and health insurance, on education and on roads and traffic management jointly proposed the creation of a Technical Working Group (TWG) that will study the possible partnership between the Department of Education (DepEd) and the city government on canteen management and operation. This was agreed during the joint committee meeting in relation to the proposed ordinance regulating ambulant vendors doing business within 50-meters from the school premises. During the meeting, lawyer Laurence Del Puerto, representative of Department of Education, said pursuant

to DepEd Order No. 8, all school canteens should be duly managed by administration or by the canteen-operated Teachers Cooperative. He said school canteens should not sell food items that have high content of sugar and salt such as junk foods and other beverages. Foods must have Pinoy seal, he added. Councilor Reuben Daba, vice-chair of the committee on health, asked the DepEd about the possibility of including ambulant vendors in the BottomUp-Budgeting (BuB) program, considering that ambulant vendors secure business permits and undergo a series of health training from the City Health Office. The committees, chaired by Councilors

Republic of the Philippines REGIONAL TRIAL COURT

CDO MAIN BRANCH 10th JudicialDIVISORIA BRANCH Region P & J Lim Bldg., Tiano BrothersBranchAtty. 43 Erasmo B. Damasing Bldg., Gingoog#61 CityDon A. Velez St., Kalambagohan Sts., -o0oTel. # (08822) 727-829 * Cagayan de Oro City 2017-1080 LYDIO M. TAMBIGA. CIVIL CASENO. Telefax # (088) 856-1947 Tel. # (088) 857-3631 Petitioner, FOR: -versus- DECLARATION OF DEBBIE CABILLON TAMBIGA, PRESUMPTIVE CAMIGUIN BRANCH LAPASAN BRANCH DEATH Respondent. B. Aranas St., Poblacion, Lapasan Hi-way, x-------------------/ Mambajao, Camiguin O R Cagayan D E R de Oro City

Tel. # (088) 387-0491

Tel. # (088) 231-6739

The petition being sufficient in form and substance, the same is given due course. Let the hearing of this Petition be set on September 27. 2017 at 8:30 CORRALES BRANCH CARMEN BRANCH o’clock in the morning. Corrales Any interested to file Blvd.,Cagayan within fifteen (15) daysCity from Ave., party is hereby required Vamenta de Oro notice of thedepetition or from the last dayTel. of publication whichever comes first, Cagayan Oro City # (088) 231-2011 an Answer or an Opposition to the petition alleging that: 1. That on 13 August 1992, petitioner got married to his sweetheart, respondent Debbi Cabillon, in a ceremony solemnized by presiding Judge Peary B. Allonar of the RTC Branch 21, at the Palace of Justice, Capitol, Cebu City, and they continued to live together in Cebu; 2. That sometime in 1993, when his Battalion was transferred to Mindanao, operating in the area covering Cotabato, Sultan Kudarat, and Sarangani Province Respondent Debbie chose to live in Gingoog City, so petitioner rented a room at Purok 1, Barangay 20, Doña Graciana Street in Gingoog City; 3. That on 17 May 2007, Petitioner asked permission from his superior officer to go on pass for three (3) nights, and permission was granted. It took Petitioner almost 15 hours to travel from Sarangani Province to Gingoog via Davao and Butuan; 4. Thus, on May 17, 2007, at about 7 o’clock in the evening, Petitioner was about to enter their rented room at Purok 1, Barangay 20, Doña Graciana Street, Gingoog City, when he saw a man seated at the window of their rented room. Since Petitioner suspected that his wife had a paramour, Petitioner sought assistance from the police station. Duty Officer SPO3 Ronnie Delima and his team accompanied Petitioner first to the residence of Barangay Kagawad Melva Cervantes to ask her and her husband William Cervantes to accompany them to the rented apartment; 5. When the group tried to enter the room, they found the room locked. Petitioner forcibly kicked the door open. He personally saw Respondent and the man lying on bed with their short pants pulled down to their knees. He just kept calm, the policeman then brought them to the police station. 6. On May 20, 2007, Petitioner filed formal charges of Adultery against Respondent and the man. Before trial on the merits ensued, both accused Respondent Debbie Cabillon Tambiga and Russel Sala jumped bail. Thus, the court proceeded with a trial in absentia. On October 14, 2008, the Court declared the forfeiture of bail and consequently, warrants of arrest were issued for their apprehension. Thereafter trial in absentia ensued. 7. After trial in absentia, the Court found accused Debbie Cabillon Tambiga guilty beyond reasonable doubt of the crime of adultery, on November 19, 2013. 8. That by October 14, 2008, Debbie Cabillon and her paramour could no longer be found. On that date, Petitioner started exerting efforts to locate them, but up till today, they have not been found nor located, nor any information received as to their whereabouts. 9. The petitioner had the Monitor Today publish a Notice of this missing wife, Mrs. Debbie Cabillon Tambiga, in its November 20-26, 2016 and November 27-Dec.3, 2016 issues. 10. On December 12, 2016, the Petitioner went to the Gingoog City Police Station and requested that it be recorded in the Police Blotter that his wife, Mrs. Debbie Cabillon Tambiga had been missing since October 2008 and her whereabouts could not be ascertained despite all his efforts to locate her. Annexed hereto as Annex “4” hereof is a Certification to that effect signed by PSupt Roel Leyaley Lami-ing dated December 12, 2016, 11. On January 9, 2017, Petitioner sent a similar letter to the Respondent, addressed Dulho, C. Padilla Sts., Cebu City, asking Respondent as to her whereabouts. The letter was returned with the remark “Unlocated”. 12. On March 15, 2017, Petitioner sent a similar letter to Respondent addressed 398-1, Jones Avenue, Cebu City by registered mail. It was returned to him on April 12, 2017 with the remark “Not Found.” 13. On January 10, 2017, upon request of the Petitioner, the Punong Barangay of his residence at Barangay 20, Gingoog City issued a Barangay Certification that Debbie Cabillon Tambiga was missing or nowhere to be found. 14. On January 14, 2017, the Petitioner went to DXRG, Radyo ng Bayan in Gingoog City and requested that a Public Service Announcement be aired calling for news about Mrs. Debbie Cabillon Tambiga who had been missing since 2008. Hereto attached is the “Public Service Announcement” by Petitioner and the “Certification” by Station Manager Merle LI. Ladesma of Radio Station DXRG. 15. Article 390 of the Civil Code of the Philippines provides, as follows: “Art. 390. After an absence of seven years, it being unknown whether or not the absentee still lives, he shall be presumed dead for all purposes, except for those in succession.” 16. It has been nine years since the Petitioner was deserted by his wife, Debbie Cabillon Tambiga, without any children. He wishes that in the remaining years of his life he could be able to meet a decent and loyal woman whom he could marry to bear and rear his progeny.

The Clerk of Court is directed to cause the publication of this Order at the expense of the petitioner once a week for three (3) consecutive weeks in a newspaper of general circulation. Likewise, let copy of this Order and Petition be furnished the Office of the Solicitor General, the Office of City Prosecutor and the Local Civil Registrar of Cebu City. SO ORDERED. 11 July 2017, Gingoog City, Misamis Oriental BWM: July 28, Aug. 4 & 11, 2017

(SGD.) MIRABEAUS A. UNDALOK Presiding Judge

Maria Lourdes S. Gaane, Suzette Magtajas-Daba and Romeo Calizo, requested the DepEd for possible exemption from DepEd Order No. 8 and that for schools that have no canteen; the city government will construct a canteen and allow the ambulant vendors to operate the same under the BUB program, in partnership with DepEd. The committees, likewise, proposed the conduct of a public consultation with the Parents-TeachersAssociation on the possible partnership of DepEd and the city government for the construction of school canteens and its operation under the BUB. (JBD/SP) EXTRA-JUDICIAL SETTLEMENT WITH WAIVER OF RIGHTS OF A PARCEL OF LAND Notice is hereby given that the intestate estate of deceased, EXIQUIEL R. TALAMPAS, who died on FEBRUARY 23, 1999 at J.R Borja Memorial Hospital, Cagayan de Oro City; Tax declaration No. 34091 at BITONG, TAGLIMAO, CAGAYAN DE ORO CITY; containing an area of COCOTERO, thirty thousand (30,000) SQ. M. more or less; CORNLAND, sixty nine thousand five hundred (69,500) SQ. M; RESIDENTIAL, five hundred (500) SQ. M. more or less; with the Total area of ONE HUNDRED THOUSAND (100,000) SQ. M. more or less; The deceased EXIQUIEL R. TALAMPAS is the subject of Extra-Judicial settlement with waiver of rights of a parcel of land; is made and entered into, by and between: represented by his Legal wife, RITA V. TALAMPAS, of legal age, Filipino citizen, widow, with residence and postal address at Lumbia, Cagayan de Oro City and their legitimate children, namely: ERLINDA TALAMPAS YAÑEZ, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; REYNAN V. TALAMPAS, of legal age, Filipinop citizen, married, with residence and postal address at Lumbia, Cagayan de Oro city; CHRISTINE V. TALAMPAS, of legal age, Filipino citizen, single, with residence and postal address at Lumbia, Cagayan de Oro City; EXIQUIEL V. TALAMPAS JR., of legal age, Filipino ciotizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; and RONNIE V. TALAMPAS, of legal age, Filipino citizen, married, with residence and postal address at Lumbia, Cagayan de Oro City; that to the best of knowledge and information of the parties hereto, the deceased, EXIQUIEL R. TALAMPAS, LEFT NO LAST WILL AND TESTAMENT and LEFT NO KNOWN DEBTS TO ANY PERSON, FIRM OR ENTITY; That as the LEGAL HEIRS of the deceased we hereby DECLARE UNDER OATH OUR WAIVER OF RIGHTS OF THE ABOVEDESCRIBED PARCEL OF LAND all of legal rights and interest in favor of EXIQUIEL V. TALAMPAS, JR. AND RONNIE V. TALAMPA’S; Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 281; Page No. 56; Book No. XIV; Series of 2017. BWM: July 28, Aug. 4 & 8, 2017

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friday|july 28, 2017

Renewable... from page 1

He said he hopes to generate more interests from renewable energy (RE) investors for them to look into Mindanao as the cost of the clean power sources are starting to go cheaper. Layug said he wants the Mindanao power mix to go back to what it used to be with 70 percent renewable and only 30 percent nonrenewable. “Our preference of course is to have more renewable energy,” he stressed. Based on the 2016 report of the Department of Energy, the non-renewable energy accounts for more than half of Mindanao’s power mix, a reversal from what it used to be at least a year ago when renewable energy, mostly hydro, was the majority in the island’s power source. Of Mindanao’s tot al installed capacity of 3,162 megawatts, the contribution of non-renewable energy is 1,898 MW (1,070 MW coal and 828 MW diesel), which accounts for 60 percent of the energy mix. Renewable sources, meanwhile, account for only about 40 percent with a contribution of 1,264 MW (108 MW geothermal, 1,061 MW hydro, 36 MW biomass, and 59 MW solar). Majority of the hydro power source comes from the state-run Agus-Pulangui Hydro Power Complexes with an installed capacity of 982.1 MW. There are seven hydroelectric plants in Mindanao: Agus 1, Agus 2, Agus 4, Agus 5, Agus 6, and Agus 7 in the Lanao provinces; and Pulangui 4 in Bukidnon. From 2015 to 2016, three coal plants with a combined capacity of 700 MW were commissioned – AboitizPower Corp.’s 300MW Therma South Inc. in Brgy. Binugao, Toril; the 300-MW coal-plant of the San Miguel Consolidated Power Corporation in Malita, Davao Occidental; and first 100MW unit of the Alcantaraled Sarangani Energy Corp. (SEC). Layug said that they want to increase the contribution of renewable power from 24 percent to 35 percent, or at least 9,000 to 10,000 MW should be added to the overall power mix of the Philippines by 2030. He said the DOE promotes biomass waste-to-energy technology, wind, solar, hydropower, ocean, and geothermal. The DOE issued a d e p a r t m e n t c i r c u l a r, which provides the rules and guidelines governing the establishment of the renewable portfolio standard (RPS). Under Section 3.b, it states “that the annual minimum incremental percentage of electricity sold by each mandated participant which is required to be sourced from eligible RE sources and which shall, in no case, be less than one percent of its annual energy demand for the next 10 years.”

Layug said Mindanao currently enjoys an excess in power supply but demand for power has been increasing continuously. “Our demand for power is not fixed – it’s increasing, especially with Mindanao. With all these activities, we anticipate increase of demand in power so I don’t think we will get a problem. There’s excess supply in Mindanao,” he said. “At some point in time, you will connect Mindanao with Luzon and Visayas. Whatever excess there is in Mindanao will be shared with Luzon and Visayas so I don’t think it’s going to be a problem,” Layug said. (Antonio L. Colina IV / MindaNews)

Economy... from page 1

significantly improve poverty situation and agriculture, in geographically isolated and far flung areas, where many of the poor are found. Achieving this objective will force the region to leverage unemployment and aim at reducing unemployment rate to below 20 percent.” Aside from increasing access to jobs, the quality of jobs has to be adequate, to reduce income poverty, particularly among farmers and unskilled workers, he added. The GATEWAY Socioeconomic Planning Secretary and NEDA Director General Ernesto M. Pernia acknow le dge d how t he regional captured the strategic objective as GATEWAY, supportive of the present administration’s 3 pillars of development at reducing inequality (Pagbabago), increasing potential growth (Patuloy na Pag-Unlad), and enhancing the social fabric (Malasakit). “This is expressed in the region’s vision to be a major gateway and leading industrial core and trade center in Southern Philippines. To realize this vision, Northern Mindanao will implement strategic inter ventions, coined as GATEWAY,” Pernia said. Pernia explained the letters of the acronym: G-good governance, peace and order; A-access, logistics and other infrastructure; T- t r a d e, tou r i s m and industry; E-environment and sustainable development; W- well being and improved welfare; A- agric ulture and fisheries; Y – youth empowerment and education.

T h e f ou n d at i on for inclusive and sustainable development such as peace and s e c u r it y, st r ate g i c infrastructure, resilience to build-up and economic integrity are likewise articulated in the plan, he added. The People’s Plan Pernia stressed in his keynote address during the regional launch how the PDP/RDP 2017-2022 was crafted through intensive, multi-sectoral, multi-level consultations to ensure it is the people’s plan. “This is not the President’s plan, this is not NEDA’s plan, nor is it Congress’ plan,” he noted. “This is your plan, the people’s plan.” Pernia explained how the interventions articulated in the RDP, supported by science, technology and innovation, will f irmly drive the development of the region. “While some may question the region’s capability to attain this goal, it is important to note that the region contributes an average of four percent to the country’s gross domestic product, and about 26 percent to Mindanao’s GRDP,” he said. “The region also has the highest contribution to agriculture, hunting, forestry, and fishing in Mindanao.” A Good Place to Start The NEDA Chief expressed optimism that the PDP and RDP are off to a good start with the encouraging macro indicators of the country’s present economic situation. “Our country’s economic trajectory has been on a sharp, consistent uptrend for the past 3 decades and a half. It is undergoing structural transformation or qualitative change,” Pernia explained. “No longer just driven by consumption, but increasingly driven by investment. Not just driven by the service sector, but increasingly driven by industry/manufacturing.” Pernia disclosed that total factor productivity, which is a measure of the economy’s ability to grow, based on a better organization of capital and labor, with technology (I.e., total factor productivity) is increasing sharply and is now the highest in the ASEAN. “Altogether, these three messages suggest strongly our economic growth is sustainable. It will no longer be a flash in the pan, or just be a boom-bust syndrome that we used to have earlier,” he noted. “We know that Region X

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Sapad RA 10172

Office of the Municipal Civil Registrar

In compliance with Rule 7 of R.A. 10172, a notice is hereby served to the public that RICHEL BARQUIN BACLIG has filed with this office a petition for Change of Gender from MALE to FEMALE in the birth certificate of RICHEL GALLEGO BARQUIN who was born on February 28, 1990 at POBLACION, KAPATAGAN, LANAO DEL NORTE and whose parents are EMEDIO ABAN BARQUIN and CONCHITA P GALLEGO. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

BWM: July 21 & 28, 2017

Cancels... from page 1

said, “On July 19, 2017, we communicated to Mega Harbour Port Development our decision not to proceed with the Davao Coastline and Development Project.” The JVA was signed in June last year by then-mayor Rodrigo R. Duterte, the incumbent mayor’s father, just before he assumed office as the country’s President. Ms. Carpio said the decision to abort the contract “came about after more than a year of careful review and study of the available documents and after weighing out the intentions of the project against its commercial viability, legal and social implications, and the project’s possible effects on the environment.” “Our decision to terminate the joint venture agreement is coupled with a resolve that Davao City can really move forward and answer the call of economic growth by implementing highly sustainable projects, both commercially and environmentally,” she added. Up o n t a k i n g o f f i c e last year, the mayor hired independent consultants to undertake a review of the JVA and the project plan, which involved the development of four islands covering 200 hectares from the Sta. Ana Wharf to the Bucana area for an international port and a mixed-use complex with commercial, residential and gover nment of f ice

components. E a r l i e r t h i s y e a r, Mega Harbour, owned by businessman Reghis M. Romero II, agreed to the city government’s request “for better terms” under the contract, particularly a bigger land share for the government complex. In a Feb. 21 letter to Mega Harbour, the mayor acknowledged the expanded offer and said it will be submitted to the “technical advisers for further study.” In her statement yesterday, Ms. Carpio said the city government is prepared to answer for the “various legal repercussions” that will accompany the JVA’s termination. Mega Harbour officials could not be immediately reached for comment yesterday. In April, the company released a report saying that its technical studies showed encouraging results about the projects as “nothing goes adversely beyond the norm, except for the abrupt steepening of the slope of the sea bed, which can raise the cost of reclamation significantly because of the length of concrete piles that it entails and various other structural requirements.” The company also said that there are “sea grass and corals in the area near the Sta. Ana wharf, which we will have to avoid by moving the project site further southward.”

Youths... from page 2

who can inspire our youth to focus on areas we have been ignoring before. “Science and technology is an area where we are clearly

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22 OFFICE OF THE PROVINCIAL SHERIFF

(SGD.) IVY R. TONGCO Municipal Civil Registrar

lagging behind. Amin was the nominee who satisfied that criterion. At a young age, he had reaped recognition because of his promising work in science and research. “Amin inspires not only the Moro youth but every Filipino youth to explore the potentials of our local resources, develop them into useful products for the benefit of the community. He inspires not just enthusiasm in science, and environmentalism, but also social entrepreneurship where the communities are placed at the center of business and innovation,” C ommissioner Ventura said. (Bureau of Public Information/PIA-10)

Anemia... from page 2

one out of 10 girls aged 13 years to 19 years suffers from anemia. Adolescent females are more prone and vulnerable to anemia because of menstruation, rapid growth that increases iron requirement, and the high prevalence of parasitic infection resulting in loss of iron in the blood, Vargas noted. In Caraga, the Weekly Iron and Folic Acid (WIFA) Supple me nt at i on is s e t every Monday in July to September and January to March every year. Target population for the WIFA supplementation are girls in Grades 7 to 10 in public schools. Tablets will be distributed directly in public schools while children in private schools may approach their re sp e c t ive r ur a l he a lt h units, according to Vargas. (Noel B. Najarro/PNA/stock photo)

Surveyed For: PUEBLO DE ORO DEVELOPMENT CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS TRANSFER CERTIFICATE OF TITLE NO. 137-2016002311

SHERIFF’S NOTICE OF SALE EJF File No. 2017-243

Lot : LOT 28 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For: PUEBLO DE ORO DEVELOPMENT CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS

Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St., Cagayan de Oro City, against RHEO Z. NALAGON, single, mortgagor/s, of legal age/s, Filipino’s with postal address at 27B, Montalban-Capistrano Streets, Cagayan de Oro City, to satisfy the mortgaged indebtedness TRANSFER CERTIFICATE OF TITLE NO. 137-2016002312 which was as of June 13, 2017 amounts to ONE MILLION SEVEN HUNDRED FORTY FOUR THOUSAND SIX HUNDRED Lot : LOT 29 FIFTY TWO PESOS and 32/100 (P 1,744,652.32) Philippine Block : BLOCK 16, PSD-10-056849 Currency including interest & penalty charges, excluding Portion of Lot : LOT 7, PSD-10-052951 attorney’s fees and expenses of foreclosure, the undersigned Surveyed For : PUEBLO DE ORO DEVELOPMENT sheriff will sell at public auction on September 4, 2017, at CORP. FOREST VIEW HOMES-PHASE 2 10:00 a.m. or soon thereafter at the City Tourism Hall, City Land Use : RESIDENTIAL Hall, Cagayan de Oro City, to the highest bidder, for CASH Location : CANITOAN, CAGAYAN DE ORO CITY and in Philippine Currency, the herein described properties Area : THIRTY SIX (36) SQ.M. MORE OR LESS and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. 137-2016002313 TRANSFER CERTIFICATE OF TITLE NO. 137-2016002308 Lot : LOT 30 Lot : LOT 25 Block : BLOCK 16, PSD-10-056849 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For : PUEBLO DE ORO DEVELOPMENT Surveyed For : PUEBLO DE ORO DEVELOPMENT CORP. FOREST VIEW HOMES-PHASE 2 CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Land Use: RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS Area : THIRTY SIX (36) SQ.M. MORE OR LESS

NOTICE OF PUBLICATION

has traversed higher growth. We also know the continued challenge to make this growth inclusive and sustainable,” Dacanay added.

Prospective buyers/bidders may investigate for

TRANSFER CERTIFICATE OF TITLE NO. 137-2016002309 themselves the title of the herein described property Lot : LOT 26 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951 Surveyed For: PUEBLO DE ORO DEVELOPMENT CORP. FOREST VIEW HOMES-PHASE 2 Land Use : RESIDENTIAL Location : CANITOAN, CAGAYAN DE ORO CITY Area : THIRTY SIX (36) SQ.M. MORE OR LESS

and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, July 4. 2017. FOR THE PROVINCIAL EX- OFFICIO SHERIFF:

TRANSFER CERTIFICATE OF TITLE NO. 137-2016002310 Lot : LOT 27 Block : BLOCK 16, PSD-10-056849 Portion of Lot : LOT 7, PSD-10-052951

(SGD.) JOEL LYDVEL G. PAKINO Sheriff IV

BWM: July 21, 28 & Aug.4 , 2017

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friday|july 28, 2017

Sunnies opens kiosk at SM CDO Downtown Premier Words and Photos by ERCEL MAANDIG MARK FRANCISCO

he word “Sunnies” makes one immediately think of the colors of California summer skies;in the Asian Countries it signifies the heat of sun. The eyewear brand Sunnies Studios has created a line of sunglasses that everyone seems to be sporting these days, and with good reason. And it’s not even how your Sunnies can easily turn into the perfect flat-lay prop for your Instagram feed, or how it complements any outfit that people easily call out as #wardrobegoal It’s the fact that the brand can transform anyone to become fashionforward. It wasn’t long until the dynamic team of Eric Dee, Bea Soriano-Dee, Georgina Wilson and Martine Cajucom started to notice that their Sunnies frames were being conveniently converted into stylish prescription glasses.

Sunnies Specs adopts the same philosophy in each frame: fashionforward, versatile and affordable. The basic lenses are multi coated and have UV protection, anti glare, antiscratch, anti-reflection and water-resistant features. But if you want an upgrade, the brand also has protection that blocks harmful blue light emitted by gadgets; transition photochromic lenses for indoors and outdoors; impact-resistant polycarbonate lenses for active lifestyles; and the thinnest, lightest lenses for those with high-grade prescriptions. But probably the hardest and most crucial step in getting a Sunnies Specs pair is choosing the eyeglass frame. There are over 130 styles to choose from, but if you think about it, that’s more like a happy problem. Each frame is welldesigned, with every detail—shape, nose bridge

style, embellishments, tapered temples, color finish—all meticulously mixed and matched. It has styles to match every face shape and taste; classic frame silhouettes are introduced in a contemporary flare. The cat eye designs include the Dana, with rounded lenses to complement its quirky edges, and Cam, with a semi-rimless body with metal features to draw out the vintage style. Like the sunglasses, color is also a big selling point. The brand kept its ombre gradients and specked and marbled patterns, but stuck to a more neutral palette. Its first set of designs also has pieces with trendy staple frames often spotted in Japanese and Korean street fashion. These include the styles Mick, Pascal, Kip, Hans, Reid and Crispin. Made with subtle tints or clear transparent acetate or resin, these frames have a simple and minimalist charm. Frames in these muted colors are

surprisingly eye-catching but don’t take the attention from the eyes. In fact, it puts more emphasis on them, while also highlighting a person’s face shape. For girls, the frames make it more encouraging to wear eye makeup as it magnifies the focus on the eyes. For Iponan Village Councilor Gaga Brellita who is a Fashion Designer by Profession, its the fashion statement of the product specifically the new generation trend of design that makes Kagayanon patronized the product, and the affordability of it is a big factor. Sunnies Specs plans to design and release two collections annually. The Product has its display center at three of the leading malls in Cagayan de Oro City; at Ayala's Centrio Mall, SM City Cagayan de Oro and SM CDO Downtown Premier. "The Sunnies invasion in Cagayan de Oro will surely make a difference," Brilleta concluded.

“My youth, my youth is yours.” You guessed it right! Singer, Youtube star and actor Troye Sivan headlines as the first face of our newest line, Smyth. Smyth is now available in all SM Stores nationwide. #TroyeIsSmyth”