BusinessWeek Mindanao (June 5, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 158

Market Indicators As of 5:05 pm June 2, 2017 (friday)

FOREX

PHISIX

US$1 = P49.55

7,907.66

20

X Briefly

cents

19.83

X

points

Doha-Davao flights THE PHILIPPINES recently sealed a new air service agreement with Qatar that added more flights to the route and a commitment from Doha to mount direct flights from Davao.

The new deal -- signed by Transportation Undersecretary for Aviation Manuel Antonio L. Tamayo and Abdullah Al Subaey of Qatar on May 28 -- increased the maximum number of flights between Manila and Doha flown by Qatar Airways to 18 flights per week for the airlines of each country from the current total of 14 flights per week.

“It is perceived that the expansion of traffic rights between the Philippines and Qatar under the new Memorandum of Understanding will enhance the connectivity between the two countries that will enable the further expansion of trade, investment, services and people to people exchange between the two countries,” the Department of Transportation (DoTr) said in a statement yesterday.

$200-M tire factory THE Department of Agriculture expects a Finnish potential investor in a rubber tire factory to launch its feasibility study soon, with the plant being counted on to source its raw material from local producers.

Agriculture Secretary Emmanuel F. Piñol said that Black Donuts Engineering, Inc. president and CEO Kai Hauvala informed him that the company is willing to “immediately” start the feasibility study for the proposed $200 million facility.

“We hope to have a memorandum of agreement signed by September,” Mr. Piñol said in a statement on Tuesday.

One of the parties to the agreement is the Philippine Rubber Farmers’ Association, which will be supported by Black Donuts in training farmers.

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By MARK FRANCISCO, Staff Writer

WO meetings of the Association of Southeast Asian Nations (Asean) earlier set this July in Cagayan de Oro City have been cancelled due to the ongoing crisis in nearby Marawi City.

HARVEST TIME. Despite the ongoing skirmishes in Marawi City, farmers are busy harvesting palay on a 75-hectare riceland in El Savador City, Misamis Oriental’s rice granary. photo by gerry lee gorit

Martial law to dampen Davao’s economic growth

By ANTONIO L. COLINA IV, MindaNews

DAVAO City – The city’s economic performance will experience a slowdown for

the rest of the year owing to the state of martial law i n M i n d a n a o, L e m u e l

Office of Civil Defense (OCD) 10 specialist Titus Velez identified the two gatherings as the Special Meeting of the Asean SocioCultural Community Council and the 35th Senior Officials Meeting on Energy and Associated Meetings.

When the crisis broke out last May 24, the Asean officials reportedly met hastily and agreed to reschedule the two meetings in October.

It was only last Wednesday when the two meetings were cancelled altogether.

This, even as the Cagayan

de Oro Hotel and Restaurant Association (Cohara) has reported a total of 546 hotel room and nine tour booking cancellations since the Marawi City conflict erupted last week.

Of the hotel room cancellations, Limketkai Luxe Hotel suffered the most with 452 cancellations, translating to a P4.5 million loss.

The two Asean meetings were also a huge setback as there were supposed to be a total of 150 delegates attending the event. Among crisis/PAGE 11

Ortonio, chief of the Davao City Investment Promotion Office (DCIPC), said Friday.

But Ortonio expressed dampen/PAGE 11

Ayala Land, Alsons sign agreement with St. Luke’s for Davao hospital

By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City -- Ayala Land, Inc. (ALI) and Als ons Properties, Inc. have signed an agreement with St. Luke’s

Medical Center (SLMC) for the opening of a hospital in Davao City by 2022.

Janice A. Parreno, Abreeza

Ay a l a Ma l l op e r at i ons manager, said the partnership was signed Tuesday by top officials of the three firms, including Editha I. Alcantara hospital/PAGE 11

RELIEF ASSISTANCE. An evacuee carries a box containing various household items from the Philippine Red Cross (PRC) in Barangay Maria Cristina, Iligan. The Red Cross gave away relief goods to about 3,000 evacuees in Iligan City and Lanao del Norte. photo by gerry lee gorit

Caraga DENR chief: NGP should benefit small tree farmers

By CHRIS V. PANGANIBAN, Contributing Editor

BU T UA N C it y - - T h e government’s environment chief in Caraga wants to revive the once robust wood industry which earned the moniker of the region as the “timber corridor of the country” but this time

focusing on improving the lot of the lowly tree farmers.

Talking to reporters d u r i n g t h e l au n c h o f environment month celebration on Thursday here, Charlie Fabre, regional director of the Department

of Environment and Natural Resources (DENR), said there is an urgent need to develop small-scale forestry management that will play active role in reforesting the remaining 300,000 denuded forest in the region.

The massive tree planting program was initiated during

the Arroyo administration targetted close to 170,000 hectares in the region but the program involve more on industrial tree plantation while small tree farmers were just left in the sidelines.

He said under his proposal beneficiaries should now be those living from the

actual site unlike before where some enterprising traders are closing the various contracts of the National Greening Program including seedling production.

NGP is a massive forest rehabilitation program of the government established benefit/PAGE 11

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Economy

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Davao tourism suffers P20M revenue loss D AVAO City -- The tourism sector in Davao City lost a total re venue of P20 million three days after the declaration of Martial Law in Mindanao.

This was revealed Thursday by City Tourism Officer Generose Tecson,

who said that the huge losses or some P18million were incurred from cancelled hotel bookings and events.

Tecson said this appeared to be the immediate impact of the declaration of Martial Law last May 23 by President Rodrigo Duterte.

But the city tourism

officer expressed optimism the sector will bounce back in three to four weeks based on non-cancellation of other events and visits of foreign tourists who are expected to visit the city this month.

Tecson said there is a scheduled cultural event of the Chinese performers

f r o m Na n n i n g , C h i n a next week, an investment conference in July, the visit of the local government officials from San Juan, and the visit of some 200 westerners in Davao City sometime this month and July.

With this development,

tourism stakeholders will launch the campaign “No Back Out, No Pull Out” to encourage tourists and events organizers to push through with their activities.

Tecson said they are also coming out with a 30-point g u i d e l i n e for bu s i n e s s

and tourism industry for the Martial Law period.

This is separate from the guidelines issued by Mayor Sara Duterte-Carpio for the Davaoenos.

Te c s o n s a i d t h e guidelines now await the signature of the mayor.

(Lilian C. Mellejor/PNA)

Workers’ vital role in nationbuilding and development, the Department of Labor and Employment (DPWH) Bukidnon Provincial Field Office commemorated recently its 115th Labor Day in honor of the strong Filipino men and women workers.

With the theme “Matatag na

a grand parade participated by around 5,000 workers highlighted the event.

Raul L. Valmores, DOLEBukidnon chief, shared that workers usually observe this holiday through rallies and demonstrations to air their grievances and clamor for reform.

this year’s commemoration was peaceful and orderly. It is due to the cooperation and commitment of workers from the government, management and labor sectors, workers’ unions, and associations,” he said.

A bloodletting activity in coordination with the Philippine Red Cross was also conducted.

Teddy G. Asok, emphasized the importance of Labor Day, as he quoted Ecclesiastes 9:10, which says “Whatever your hand finds to do; do with all your might.”

“Our jobs are blessings from God and we should treasure and do our best to preserve it.”

(Reyna L. Tagailo, DOLE-10 Buk PFO/RLRB, PIA Bukidnon)

CDO turns-over Linear DOLE Bukidnon honors Filipino workers Park Project in Brgy 22 MALAYBALAY City — In Kabuhayan at Trabaho Tungo “In contrary to the usual Mountain View College recognition of the Filipino sa Progresibong Pagbabago,” gathering during Labor Day, Human Resource head, Pastor

By RECTHIE T. PACULBA, Contributor

TO provide convenient access for heavy equipment to pass through during cleanup activities of Hapsay Sapa, the city government turns over the Linear Park project along Bitan-ag Creek in Barangay 22 to the local government

unit on May 31.

Barangay Captain Eldo Casiño said that such project is useful not only in the cleanup activities of the Hapsay Sapa Council since the putting up of road in project/PAGE 11

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The National Grid Corporation of the Philippines (NGCP) hands out school bags to 717 schoolchildren in Balulang Elementary School in Cagayan de Oro City last June 1. photo by mark francisco

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3 BYD PH receives Ford Philippines, Gawad Kalinga Unveil After-Sales Elite Award Two New Water Facilities in Leyte O Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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Solar Transport and Automotive Resources (STAR Corp.), the authorized distributor of BYD vehicles in the Philippines, was recently granted the “After-Sales Elite Award. The award given by new design director Wolfgang Egger, was received by Mark Andrew Tieng, managing director of STAR Corp., which was held at the Intercontinental Hotel in Shanghai during the BYD Dreamcast Conference.

BYD attained a record of five billion RMB in profits last year with BYD Philippines (STAR

Corp.) besting 100 other dealers globally. The award was based on STAR Corp.’s BRO and the 5-Star Customer Service Program, a comprehensive customercentric after-sales initiative to continuously deliver the best brand ownership experience to BYD customers.

The 5-STAR Customer Service Program offers: 1) 5-Year Service Warranty; 2) Access to Service Technology, Infrastructure & Facilities Manned by TopCaliber Service & Automotive Technicians; 3) Genuine Parts and Accessories; 4) BYD Response Operations (BRO); (L) Mark Andrew Tieng, BYD Managing 5) Emergency Director (R) Wolfgang Egger, BYD award/PAGE 11 Chief Designer

Motoring

ver 120 families and households in Leyte villages will benefit from the completion of two new water facilities built in Leyte through a partnership between Ford Philippines and Gawad Kalinga (GK).

Ford executives led the turnover of a new communal water facility that provides access to potable water for over 100 families in GK Sto. Nino Village in Bato.

Prior to the new facility being built, residents had to get water from a stream one kilometer from the village.

Ford executives also visited residents of GK Polpogan Village to unveil a concrete water tank that supplies clean water through PVC pipes directly to 26 households.

“Leyte was a unanimous choice for us to support, being one of the provinces that was greatly affected by super typhoon Haiyan in 2013,” said Josie Gonzalez, AVP for government

Ford Philippines managing director Lance Mosley (3rd from right) led the ceremonial turnover of a new communal water facility that provides access to potable water for over 10.

and corporate affairs, Ford Philippines. “Ford is proud to continue initiatives that provide long-term benefits for these communities.”

Building a communal water system in GK communities in Leyte was conceived when Ford Fund through Global Giving made available mini-grants for projects that will

promote volunteerism during Ford’s Global Month of Caring.

Ford decided on Leyte and efforts to build sustainable water supply in the community by finding a safe and clean water source, including a set-up of a water catchment facility and a common area of laundry and other household chores.

Since 2014, the project has included eight water facilities built around Leyte, helping provide over 700 families with access to clean water.

The mini-grant has continued to support the communal water project, supported by Ford dealer employees, GK residents and local students all serving as volunteers.

4

Opinion

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Who has the last word?

Think a Minute…Someone said: “Death is the worst part of life!” A famous entertainer once said: “I’m not afraid to die, I just don’t want to be there when it happens!” Unfortunately, when it’s our time to die we don’t have any choice but to be there! Death is a fact of life that none of us can escape! Sooner or later, every one of us is going to stand alone and look death in the face!

Don’t forget, the statistics and chances of death are 100%, it never fails: one out of every one people die!

No one has ever gotten out of it alive! It doesn’t matter how rich, powerful, strong, or healthy we are—we’re all going to die! It may be a few more years or next week.

So are you ready now?

But almost worse than the fact of death is the fear of death. In the back of our minds we know that every day we’re getting closer and closer to the day we die. But is our death the end of us?

Does death have the last word? Does it destroy our plans for living and take away all our hope? The answer’s quite simple: it depends on how and who you’re living for.

When it comes to death,

THINK

A Minute

“By this gospel you are saved, if you hold firmly to the word I preached to you. Other w ise, you have believed in vain.”- 1 Corinthians 15:2 Believe it or not, we are saved.

There are many amazing stories in the bible that illustrate great faith. One is a story of a Syrophoenician woman who asks Jesus to d r ive aw ay t he d e mon t o r m e nt i n g h e r c h i l d .

This story has been argued over countlessly by biblical scholars and experts, especially on how JESUS supp o s e d ly tu r ne d t he woman away. But that’s not the highlight of this story.

Rather it focuses on the woman’s faith, who did not take no for an answer from

Jesus. She was persistent and it was this persistence that made JESUS comment “Woman, great is your faith!

Let it be done for you as you wish!” She goes home and her child is demon-free.

Another story is about a Roman centurion who comes to ask for JESUS to heal his ser vant. But before JESUS could enter into the Roman’s house where his servant was, he stops JESUS and proclaims one of scripture’s widely used phrase even today “Lord, I am not worthy to receive you. Only say the word and…” This faith astonished Christ just as well.

But then, there were instances where the bible spoke of little faith. One

time when they were riding a boat to cross the sea amid one of the most recounted storms in the New Testament. The other time was when Peter asked JESUS to let him walk on water. Another was when the disciples could not drive out demons just as well as JESUS did. In these moments, JESUS reminded the apostles what little faith they had. But even so, even if they had faith as little as a mustard seed – they can tell a mountain to move and it would move for them.

Again, these accounts remind us that our faith does not move GOD. Our faith moves us. It puts us in a position of humility, trusting that the LORD can do it through us. So

The Ripple

By AMBongay

whether we believe it or not, whether our faith be great or as little as a mustard seed, GOD’s word is already accomplished in JESUS, in whom we have already been saved.

This is an excerpt from a preaching by Ptr. Gerald Pangan.

“(Un)boxed” In the age where creativity, hindsight and foresight is power—and let me clarify that “knowledge is power” idea must be refined further because behind new knowledge lies the brewing of imagination and the ferment of wisdom—we should be more appreciative of those who do not toe the line with “established philosophes”. I am referring to what some Boholanos and Manileños assert in the coming group art exhibit at Qube Gallery (Cebu) that will open on June 30, 2017.

Being the writer of this show’s notes, let me share my own critique: We can either be drawn to t he ve x at ion of t he average: “Most men lead lives of quiet desperation and go to the grave with their song still in them (Henry David Thoreau)”, or be a nonconformist. All art is based upon being iconoclastic and every great achievement in histor y has been brought either by blood or the reputation

of the maverick. Without nonconfor mity, do not expect the emergence of a nation, a philosophy, a science, a Magna Carta and you find fewer religions.

The group show, “(Un) boxed”, underscores that to limn something in any field—especially one of prodigious quality—requires being a bohemian. That is why the artist is in constant friction with the present way of things or may simply wish to add his or her views to the existing system.

With this in mind, an ar tist usually has b oth a degree of detachment and involvement with his or her milieu. Detached because only the separated can perceive the qualities and properties of things.

The artist sees how colors augment colors or how shapes stay with shapes— modifying, relating and mingling mutually. He or she sees the tensions between the contemptible and the much-loved, between the grotes que and the sad,

tensions of such special character as to be almost i mp e rc e pt i b l e . In h ow these are juxtaposed lies the essence of life in any era. Whoever captures life should be isolated from the “box”.

But you will be surprised that the artist’s isolation should co-exist with his or her involvement. This is also a sine qua non of expression because he or she must never fail to experience humanity’s gratification, despair and fear for in them lies the source of feeling upon which the artwork is registered.

The feeling must create its own speeches, unique from someone else’s.

Detached and involved at the same time, artists become critics of society and partisans in its burning c aus es: t here s e ems to be no exact place where nonconformity can be fitted in.

Consider, however, that being oddballs or “rebels”, as people would label (artists), is the basic pre-condition of

lucell larawan art and good thinking; and therefore, of growth and eminence. The degree of nonconformity in a society must be looked upon as a sign of health.

Strike out the critic, kill the maverick, but without them, any society of whatever level of advancement or perfection must decay.

In this group exhibit, the works of upcoming artists demonstrate their critiques to existing systems and structures. We reckon the eyes of seers.

(For comments,email lucelllarawan@gmail.com.)

Resorts World: it could not be a terror attack Jhan Tiafau Hurst Jesus Christ has been there and done that. He walked right into the grave and jaws of death…and came right back out alive! Jesus Christ, not death, is the One Who has the last word. He’s the only person in history who could do it—for one simple reason: He’s God Himself.

So we never again have to fear death! You see, if you’re living His way every day in a personal relationship with Him, Jesus said He’s going to lead you safely through death into eternal life with Him. Will death have the last word in your life? Not if you choose to live for Jesus Christ! Only Jesus can get you through death—safe and alive! Only He speaks the last word! And it’s the hurst/PAGE 9

LIFE’S INSPIRATIONS: “…

Trust in the Lord with all your heart, and lean not on your own understanding. In all your ways acknowledge Him, and he will direct your path…” (Proverbs 3:5-6, the Holy Bible).

-ooo DISREGARD FOR TRUTH IN THE RESORTS WORLD MAYHEM: So, what really happened at the Resorts World Complex infront of the Ninoy Aquino International Airport Terminal 3 in Pasay City in the early morning of June 02, 2017? Was it a terrorist attack, as a wellknown terror group promptly claimed, or was it simply the deadly tantrum of a gambler who lost not only his money from the casino tables in the hotel, but also his sanity?

I am asking this question because, as this column was being written at about 6 in the morning of June 02,

2017, conflicting accounts of the incident continued to appear in online and in mainstream media, confusing the whole world. Clearly, the terror group is exploiting the situation to claim credit for the mayhem. Police on the other hand are saying it was the act of one man who had absolutely nothing to do with terrorism.

What truly occurred may forever remain a mystery among many of us, but what struck me most, however, was the wanton disregard of some radio personalities of what was reliable information and what was merely the speculation or wild guesses of the people which they were interviewing. The obvious goal was to score a scoop, no matter how dubious the narrations clearly appeared to be.

-ooo RESORTS WORLD: IT

COULD NOT HAVE BEEN A TERROR ATTACK: My take is that, what happened could not have been a terroristic attack. First, the location alone of Resorts World Complex discourages any terror assault. The fact is that, it is located just in front of the heavily-guarded Ninoy Aquino International Airport Terminal 3, and is flanked on its right side by the Villamor Air Base, the home of the Philippine Air Force.

Then, it is at the foot of the airport expressway system that is likewise dotted with dozens of patrol cars at any given time. What is more, Resorts World is in the center of a hotel-residential complex that makes transporting arms and other armaments necessary to mount a terrorist attack immediately noticeable and, therefore, preventable.

Just one or two kilometers away to its eastern side, across

K akampi

Mo A ng Batas

Atty. Batas Mauricio the South Luzon Expressway, stand the Southern Police District headquarters of the Philippine National Police, as well as the headquarters of the Philippine Navy, and of some other military units which, we are sure, are ready to do battle with any terrorist. These are formidable constraints that forestall even just the thought of terrorizing Resort Worlds Complex.

Batas/PAGE 9

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Billboard 6 CdeO Developer Talks about Business Sustainability on BizNews-PTV 4 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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“We want to break the stereotype that building is expensive. IDC want to present that green buildings are affordable, which is what we have already proven with Primavera Residences (IDC’s first project in Cagayan de Oro),” says Architect Nati during the interview aired on BizNews, last Monday.

BizNews is a reputable program shown on the People’s Television Network, Inc. (PTV) at channel 4.

Italpinas Development Corporation’s Architect Romolo Nati, chairman and chief executive officer, Atty. Jojo D. Leviste, president, and Dr. Jose P. Leviste, primo consigliere talked about going green is good business as they graced the program.

IDC is a PSElisted developer with specialization in green developments. As they continue their run to advocate green buildings, the developer has bagged recognitions from the national and global arena for their projects.

Its first breakthrough project, Primavera Residences, is dubbed as the first and green mixed-use condominium in the region of Northern Mindanao. It has received several recognitions including the EDGE (Excellence in Design for Greater Efficiencies), a global green certification awarded by IFC-World Bank, and the Best Mixed-Use Development 2014, to name a few. At the same time, its rising follow-up development, Primavera City, has

recently won the Asia Pacific Award for the Best Mixed-Use Development 2017, winning IDC for the second time in the International Property Awards within three years.

The company currently holds the distinction as a developer that dedicates its developments in growing areas in the country, where the big players in the industry are hesitant to go.

According to Architect Nati, this advocacy is to change the way business people perceive about emerging cities. As competitors consider to target big cities where the marketplace is concentrated, the company’s mission rather propounds a

PSE-listed Italpinas Development Corporation’s (IDC) Architect Romolo Nati, chairman and chief executive officer, Atty. Jojo Leviste, president, and Dr. Jose P. Leviste, primo consigliere speak about IDC’s projects and its value proposition on BizNews aired on PTV-4.

value proposition that makes them “ahead of the curve and ahead of competition”. At the same time, its aim is to bring more opportunities when it comes to employment and businesses to these cities.

Right now, IDC is commencing its expansion for the first time in Luzon. It brings its globally certified experience in green developments with the Miramonti project to be set in Santo Tomas,

Batangas, which is expected for its cityhood by the end of 2017.

Watch the live streaming to learn about business sustainability on the facebook page of Italpinas Development Corporation.

Misamis Oriental Governor Bambi Emano graces the ten (10) day Silk Weaving Training closing program last 23rd of May of this year.

The ceremony was held at the GK Diamond Kibaghot, Laguindingan of this province The training is one of the series of activities that the Technical Working Group (TWG) on the revival of the silk industry in the province has linedup for this year. The program considered a pet project of the honorable governor aims to revive the silk industry in the province also known as the Mindanao Silk. It was recalled that during the inauguration of President Rodrigo Duterte last June of 2016. the president was

wearing a barong from Mindanao which uses the raw material from Mindanao Silk produced in Laguindingan of Misamis Oriental.

The honorable governor emphasizes teamwork to the successful graduates which will spur the success of the industry.

He also stressed hard work as a key to further improve the quality of silk in the province Governor Bambi reiterated his full support of the project and vowed to spend sizable amount of his budget in improving the present infrastructures of the Ayala Beneficiaries Association Inc. Weavers Multi Purpose Cooperative (ABAI-MPC) which manages the silk weaving operations. The graces/PAGE 9

Governor Bambi Emano Graces Silk Weaving Training Closing Program

Gov. Bambi Emano (3rd from left) together with the Technical Working Group distributes the Certificate of Training to the graduates of the Silk Weaving Training during the closing program last may 23, 2017 at the GK Diamond Kibaghot, Laguindingan, Misamis Oriental.

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Cagayan de Oro Academy for International Education throws open its doors to students from Preschool to Senior High on June 26, 2017 at Paseo del Rio, Cagayan de Oro City.

New CDO-AIE Campus Inaugurated The official blessing and inauguration of the new campus was held in the morning of May 18, 2017 at CDO-AIE. The event started with the cutting of the ceremonial ribbon officiated by the Guest of Honor, Dr. Elena M. Borcillo, CESO V, the Schools Division Superintendent of Cagayan de Oro City.

Zealep Group of Companies Chairman of the Board of Directors Dr. Rafaelita P. Pelaez with Board Director Dr. Mariano M. Lerin, President of Liceo de Cagayan University,

attended the event. The eucharistic celebration followed after.

Officiating priest Rev. Fr. Julius B. Clavero of the Society of Saint John Vianney gave a homily made interesting with a story of his memories when he was a student of Mrs. Rose C. Padin in the Basic Education Division of Liceo de Cagayan University.

Mrs. Padin has recently been appointed the School Principal of CDO-AIE. The G-Clef Society, the official choral group of Liceo de Cagayan University, led

the singing of the mass hymns under the musical direction of Mr. Michael Jhun P. Paceño.

The program started after the final blessing of the school campus.

Dr. Alain Marc P. Golez, School President, opened the program. Eliza Jenn Montealto and Rafaella Clarice Somera, both incoming grade five students, presented a song number. Exceptional students Alexielle Neve Baylin, Jean-Pierre Magpily, Daniella Urciuoli, and Shantana Mariz Magpily recited the school’s Vision, Mission,

Philosophy, and Core Values respectively. A dance number followed, performed by incoming high school students Jennifer Louise Balon and Moselle Faye Almajar. The program then concluded with a testimony delivered by Trina Paano, an honor student who has been studying in CDO-AIE for seven years.

CDO-AIE - Cagayan de Oro Academy for International Education was previously located along Kauswagan Highway of this city. Its new campus overlooks

the Rodelsa Circle of Paseo del Rio in Barangay Nazareth, Cagayan de Oro City. Accented with bricks, the school building is built along clean lines consistent with contemporary Western architecture.

It has air-conditioned classrooms, laboratories, library, cafeteria, and student lounges that are conducive for an effective learning environment.

It also has wide open playgrounds. CDO-AIE espouses the philosophy of ‘Beyond Academic Excellence’ through an extended learning

curriculum embracing the teaching of foreign language, sports, and music. It envisions to be one of the best preparatory schools in Northen Mindanao offering Preschool to Senior High.

Cagayan de Oro Academy for International Education is now open for walkin inquiries or through the following contact numbers: (088) 8590362 or 0926-210-7179.

Enrolment is ongoing.

The School Year 20172018 will start on June 26, 2017.

8

CorporateWorld Cebu Landmasters eyes to buy more land assets Cebu Pacific passenger traffic up 2.6% in April CEBU Landmasters Inc. (CLI) targets to double its land assets following the success of its initial public offering (IPO), which enabled the property developer to raise P2.9 billion.

“The purpose of the IPO is to finalize the acquisition of more land banks,” CLI President and Chief Executive Officer (CEO) Jose Soberano III said in a briefing Friday.

The company, which debuted at the Philippine Stock Exchange (PSE) Friday, plans to double its about 60 hectares of land assets as it

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expands its business.

CLI currently has 24 existing projects and Soberano said three or four of them have been launched this year.

Soberano said 80 percent of their projects were residential while the remainder was mixed-use.

He said that the firm was considering to increase the share of high-end properties on its portfolio but stressed that mid-market and economic type of projects would remain the primary assets/PAGE 9

C

EBU AIR, Inc. and its wholly owned subsidiary Cebgo, Inc. flew more passengers in April, amid an increase in summer bookings due to the traditional Lenten break and the long Labor Day weekend during the month.

T h e G o k on g w e i - l e d carrier ferried a total of 1.87 million passengers in

Students of Psalms Music Lab’s summer class hold their graduation recital last June 3 at Limketkai Center in Cagayan de Oro City. photo by mark francisco

April, 2.6% higher than the 1.77 million recorded during the same month last year, according to the latest operating statistics uploaded on its Web site.

The latest tally reversed the annual decline recorded in February and March, which saw a 6.5% drop to 1.55 million and 0.2% dip to 1.64 million, respectively.

Cebu Pacific data showed airline capacity increased 4.2% to 2.05 million from 1.97 million during the comparable period, while the number of flights also grew 6% to 12,290 from 11,598 previously.

Seat load factor in April stood at 88.6%, lower than the 90.1% recorded in April 2016, even as the number of aircraft increased to 59 from 57.

Cebu Pacific said in a separate statement that it ramped up its capacity this year in support of domestic destinations such as Siargao, Masbate and Tablas in Romblon. The carrier also expanded its VisayasMindanao route network with direct flights from Cagayan de Oro to Tagbilaran and

Bacolod.

For the January to April period, Cebu Pacific and Cebgo already carried 6.63 million people, 0.4% up from the 6.6 million seen during the comparable period last year. Capacity was up 3.3% to 7.79 million from 7.54 million, while flights during the first four months were 85.1% full on the average.

B a s e d on it s l at e s t operating statistics, the number of flights rose 2.5% to 46,040 from 44,913.

T h e G o kon g w e i - l e d airline is targeting to ferry 20 million passengers this year, as it expects the delivery of 48 additional planes up to 2021.

DIVIDEND POLICY The budget carrier on Thursday announced it is adopting a dividend payment policy of around 20% of the previous year’s earnings per share, in line with good corporate governance practices.

“The board of directors of Cebu Air, Inc., has adopted a dividend policy to pay an annual dividend of approximately 20% of the previous year’s recurring earnings per share

(per audited consolidated financial statements of the company),” Cebu Pacific said in its statement.

The pay-out ratio, it noted, shall be reviewed every year.

Cebu Air said its board of directors approved the declaration of a regular cash dividend of P1.00 per share and a special cash dividend in the amount of P1.75 per share, to all stockholders of record as of June 9, 2017 to be paid on July 5.

“This dividend policy has been formulated taking into account the company’s historical performance and financial outlook. The board believes that this policy is in line with good corporate governance practices and is in the best interests of the shareholders. We hope that this also reflects our drive to share our company’s success with our shareholders,” Cebu Pacific President and CEO Lance Y. Gokongwei was quoted as saying.

Cebu Pacific said the dividend policy will take effect after the release of the audited consolidated financial statements for the year ending Dec. 31, 2017.

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Hurst... from page 4

word not of death but of eternal life to every person who will truly believe and live for Him. So today, why not ask Jesus to forgive you for living your way and ask Him to take full control of your life? That’s when you can start living every day with no fear… not even of death! Just Think a Minute…

Batas... from page 4

-ooo RESORTS WORLD FACES CLOSURE? But, assuming it was not a terrorist attack on Resorts World Complex, what is beyond comprehension now is the apparent facility with which someone (the identity of this person has not been known yet as of the time that this column was being written) managed to bring not only high powered firearms but incendiary materials into the hotel.

I have visited Resorts World several times already, and I can attest to the very strict security measures that are being employed by its security forces. So, truly, hotel owners must be able to give a convincing explanation on this glaring security lapse that enabled someone to indiscriminately fire his gun inside the hotel, and even burn gambling tables with gasoline or kerosene.

My prediction is that Resorts World will suffer a great decline in its patronage, because it has been shown to be unable to protect its customers and visitors, and even its own personnel. This may cause this establishment to shut down---and so with the casino that is housed therein. Well, that is the way the cookie crumbles, after all!

-ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: Please watch “Ang Tanging Daan”, a Bible exposition and prayer session for everyone, in English and Filipino, at w w w. f a c e b o o k . c om / angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Graces... from page 6

activity was designed and funded by TESDA Misamis Oriental thru its Community Based Training.

The training was conducted by the municipality of Laguindingan in cooperation with the TWG composed of the provincial government of Misamis Oriental, provincial agriculture’s office, provincial tourism office, the provincial offices of DTI, TESDA, and DOST. PTRI, and ABAIMPC. A ls o pres ent in t he closing program were Arleen Paculba representing Mayor Diosdado Obsioma of Laguindingan. Genne Amay of the Laguindingan Tounsm Office. Laguindingan CTEC Iris Ragmac, Gerry Quiblat representing Provincial Director Leo Velez of TESDAMisamis Oriental, Charice

Vitor representing Provincial Director Ma. Eliza Pabillore of DTI-Misamis Oriental and Caroline Neri of the Mis. Or. Provincial Government.

Assets... from page 8

focus because “that, to us, remains to be our strength.”

The bid to put up more mix-use projects is targeted to increase the company’s recurring income from the current five percent to 20 percent in the next five years, he said.

He said their diversification program would open more opp or tunities that the y wanted to take-advantage off. “ Wi t h t h a t k i n d o f opportunity that you gonna take you can see a variation now from what’s predominantly just focused on residential,” he said.

Soberano discounted any plan to put up projects in Luzon, citing that Vi s ay a s an d M i n d an a o areas are where their strength is.

“We are strong in those areas and we feel that we can manage it a lot better.

We know the market much better there. I think we can maintain a good margin because we know the market there,” he added.

Jose Franco Soberano, CLI Senior Vice President and Chief Operating Officer (COO), said they would continue to focus on their mid-market and economic-focused projects given the lack of supply for these segments.

He said price of houses in these segments amount between P800,000 to P1.2 million and with a monthly amortization of between P4,000 to P6,000, which i s af ford abl e to p e opl e who belong to the middle income class.

He sees sustained demand for these segments because of the backlog, particularly in the Visayas and Mindanao regions.

CLI have presence in seven areas in the central and southern Philippines namely in Bacolod, Dumaguete, Iloilo, Cebu, B ohol, Cagayan de Oro and Davao. (PNA)

Academe shows solidarity with Marawi IDPs

By Elaine O. Ratunil

Internally Displaced Persons (IPDs) from Marawi City found out that there is hope in the midst of conflict brought about by the ongoing clash between the Maute Group and the government forces.

A local student council partnered with Xavier University – Ateneo de Cagayan in running a donation drive and repacking relief goods for the IDPs in Lanao del Sur province and Iligan City. The university together with its Central S t u d e nt G o v e r n m e nt (CSG) launched “Tabang Marawi” Relief and Response Command Center which engages community members as organizers and volunteers.

“It’s a Saturday on summer,” Farina Roa, a volunteer. “Yet volunteers here packing 1,500 packs at the minimum for evacuees in Iligan. It’s overwhelming.”

“Tabang Marawi” was organized on May 27 to provide relief goods for Marawi City IDPs who are in the established Regional Coordinating Centers and evacuation centers in Iligan City National High School, Buru-un, and Mindanao State University-Iligan Institute of Technology (MSU-IIT).

The Xavier University’s Social Development Office and CSG are manning the relief operation at the university’s Peace Park.

Spirit of volunteerism is alive and well There are currently more than 160 volunteers including seven Muslim students, Xavier Ateneo Senior High School students, and a reinforcement team from the Philippine National Police (PNP).

The CSG spearheads a big part of the initiative by heading the relief operation committees.

Food packs have been transported to various relief and evacuation centers in Iligan and other neighboring areas the same day. One

thousand food packs were allocated for those in Marawi; the rest were allocated to evacuation centers in Iligan, 400 of which will be received and distributed in the Balo-i evacuation center by its local partner - the extension office of Iligan Medical Center College.

In a statement, the school’s administration said “that in this month of Ramadan, we pray with our Muslim brothers and sisters for God to show us the way to lasting peace.

And we pledge our support to our brothers and sisters of Marawi, for all that they will need to rebuild their beautiful city.”

How to pitch in Despite the number of engaged volunteers, the XUCSG Department of Social Involvement still needs student volunteers from the university to pack relief goods.

To those who wish to help, can register at bit.ly/2qmPCEn. There are only 30 slots left for additional volunteers.

“Tabang Marawi” also accepts the following relief goods halal food, personal hygiene items (toothbrush, toothpaste, soap, shampoo, sanitary napkins, towels, tissue papers, buckets and dippers, and sanitizers), clothing (shirts, pants, and underwear), malongs or blankets, hijabs and taqiyah, mats and pillows, mosquito nets, fans, medicines and vitamins.

Drop-off center is at Social Development Office, Room A103, Ground Floor, Agriculture Building, XU Main Campus, Corrales Avenue, Cagayan de Oro City, with contact number: 853-9800 local 9160.

Cash donations may be deposited at BPI with Account Name: Xavier University; Account No (current): 9331013363 / swift code: BOPIPHMM. Email the scanned copy of deposit slip tovpsocdev@xu.edu.ph.

(EOR/PIA10)

HAPPY 8TH YEAR ANNIVERSARY!

Greetings from:

Hon. Enrico ‘Eric’ D. Salcedo City Councilor 2nd District, Cagayan de Oro City

9

BusinessWeek MINDANAO CREDIBLE

RELIABLE

Feature

IN-DEPTH

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Monday | June 5, 2017

www.businessweekmindanao.com

Summer Never Ends @ The Premier A family enjoying the cold Infinity Pool

O

Deluxe Room

By Joe Palabao

ne of best resorts in Northern Mindanao is the premier Apple Tree Resort and Hotel situated at Taboc, Opol, Misamis Oriental and it is only half an hour ride from the heart of the bustling city of the City of Golden Friendship, Cagayan de Oro City and forty minutes ride from the Laguindingan Domestic Airport.

Though summer had passed but for foreign, domestic and local Tourists Summer is Endless in this premier resort because of its amenities that are always enjoyed by many.

Their state of the art sea horse shaped and infinity pool gives joy and thespic human satisfaction once they take a dip to this inviting pool. Last summer, day in and day out hundreds and hundreds of adults, young adults, children and hotel guests enjoyed while relaxing, chilling and chillaxing at Sea horse shaped and infinity pool. Lanai rooms of the hotel have easy and direct access to the pool.

For those who love to swim at sea, their beach front is so inviting and experience seeing the beautiful and mesmerizing

sunrise and sunset and give happiness to their valued guests.

Summer indeed never ends and many guests and tourists love to be back for their four fold Endless Summer Festival which is held at the tail end of the month of May. Shore Breaks a Skimboarding Competition which draws young ones to participate and do tricks with the waves, the Zumbathon by the Bay, the exciting Beach Volleyball which are captured by known photographers of Northern Mindanao are come ons Summer Festival Events to fully enjoy Summer which is endless.

Hotel guests usually enjoy the amenities of their Lanai, DeLuxe and Suite rooms which give comfort as they rest after enjoying the cold water of the sea horse shaped and infinity pool.

They have function rooms, restaurant with best food and cuisines they can offer to satisfy the gourmet taste of the guests.

Indeed when you are in Cagayan de Oro and in the Province of Misamis Oriental, please stay at the premier Apple Tree Resort and Hotel for your satisfaction, and enjoy its amenities.

TARA NA!!!

Lanai Room Cozy Restaurant

Mouth-watering Cuisine

Mesmerizing sunset

Astonishing view of sunrise at the beachfront Apple Tree Resort and Hotel Beachfront is the Skimboarding Capital of Northern Mindanao

Kid happily walking at the beachfront of the hotel

11

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Crisis... from page 1

the supposed itineraries will be a tour of Northern Mindanao’s tourism sites and a briefing on the investment climate here.

Meanwhile, Mayor Oscar Moreno also admitted that the whitewater rafting industry in the city has also been hit hard by the ongoing crisis.

He said that whitewater r af t i ng op e r ators have reported steep decline in sales for the past two weeks.

He however expressed optimism that Cagayanons can wither the crisis just like in the past when tropical storm Sendong struck the city in 2011, killing hundreds.

Cagayan de Oro City also experienced a shopping mall bombing in 2013, setting back the city’s tourism industry.

Mar aw i C it y i s 1 2 3 kilometers southwest of Cagayan de Oro.

Dampen... from page 1

optimism the city, which posted an slight increase in investments in the first quarter of 2017, will recover.

He said that on May 30 he met with a group of Chinese investors and noted that their interest to put up parks, accommodation and tourism facilities remained “high”.

He claimed that the declaration of martial law in Mindanao did not bother the prospective investors at all.

He added his of f ice continued to get inquiries on local investment opportunities.

“I don’t think there will be much of an impact. It’s still normal in the first few days or even in first few weeks. In the long run, I don’t think it will have an impact, we know the national government is doing their best to address the situation,” he said.

Ortonio added his office has not received reports of investments being canceled.

But he admitted that information communications technology industry players were wary of the “lockdown” and curfew because they operate at night and some of their workers live outside of the city.

He said it was now clear to them that the lockdown was reduced to “hold and secure” with an accompanying 3 0 - p oi nt g u i d el i ne s to residents and no curfew was implemented.

“We did not receive any information they they lost clients. We did not receive any reports of potential investors backing out in the city,” he said.

He said he is confident the city can attain its target by end-2017 because it offers diverse opportunities to investors, although the Marawi incident has caused an impact on the city.

He emphasized it’s safer in the city now due to the tighter security.

Investments in Davao City surged to P230,233.76 billion in the first quarter of 2017, or 1.77-percent higher

compared to P226.138.80 billion recorded in the same period last year.

Data released by the DCIPC showed the number of businesses here also increased to 36,441 in the first quarter from 34,324 recorded in the same period of 2016.

Ortonio attributed the growth to an improved investors’ confidence owing to good governance and peace and security condition.

“I always say we have the right mix needed to put up business — peace and security, cheap labor cost but quality skills, and our cost of doing business compared with Manila and Cebu is very competitive,” he said.

He added t he city government has improved the process of doing business with the streamlining of business registrations at the City’s Business Bureau.

He also attributed the increase to the efforts of the City Tourism Office in inviting foreign investors to build more tourist facilities to accommodate the growing number of tourists in the city.

Tourist arrivals grew in the first quarter this year with 459,104 compared to 405,576 for the same period in 2016.

Hospital... from page 1

and Nicasio I. Alcantara of the Alcantara Group, ALI President and Chief Executive Officer Bernard Vincent O. Dy, and SLMC President and Chief Executive Officer Edgardo R. Cortez.

“This world class health facility will benefit the people of the city and the other areas within the Davao Region and the rest of Mindanao. They need not fly to Manila to seek the best health care,” Ms. Parreno said in an interview.

SLMC, which has two of the biggest medical facilities in Metro Manila, is a tertiarylevel private hospital.

T h e pl an n e d SL MC hospital will be built within the 25-hectare Azuela Cove, a mixed-use real estate project

by Aviana Development Corporation, a joint venture between ALI and the Alsons Group.

The Azuela Cove, located in the old plywood factory of the Alcantara group in the Lanang area, is scheduled for formal launching before the end of the year, according to Ms. Parreno.

Based on the development plan presented to the Davao City Investment Promotion Center, Azuela Cove will have condominiums, commercial spaces, office buildings, other health facilities, and a tourism component. Ayala Land has already partnered with Mercado General Hospital, Inc. for a chain of clinics and hospitals. Last year, the joint venture opened a QualiMed hospital in San Jose Del Monte, Bulacan, its first in Luzon.

Aside from the QualiMed Hospital-San Jose Del Monte, the company’s network includes the Daniel O. Mercado Medical Center in Tanauan, Batangas, and another QualiMed Hospital in Mandurriao, Iloilo City.

Benefit... from page 1

by virtue of Executive Order No. 26 issued on Feb. 24, 2011 by President Benigno S. Aquino III. It seeks to grow 1.5 billion trees in 1.5 million hectares nationwide within a period of six years, from 2011 to 2016.

The program has been extended by the Duterte administration during the short stint of then DENR Secretary Gina Lopez with a new name : Enhanced NGP. Fabre said he already issued a clear instruction to the environment officers in the region that contractors of the various components of the NGP should be farmer beneficiaries not outsiders who mostly stroke a deal on voluminous tree seedlings supplies.

“I saw the big bulk of funds of NGP program is on seedling production which have been taken by private contractors instead of the actual beneficiaries, “ Fabre said adding that he would ask for a review of the contract to strike out the term “procurement” on the seedling production supply.

Fabre is pushing for a comprehensive package of the NGP where all economic activities from seedling production, maintenance and harvest will now solely go the farmer beneficiaries.

So far, NGP has already rehabilitated at least 104,000 hectares of denuded forest lands in the regions even as he admitted that the regional officer has yet to finalize a thorough validation

especially on the survival rate of the planted tree species.

The DENR is targeting to cover all the 400,000 hectares to be fully reforested by 2028.

Fabe noted there was no decline of the 70-80 percent of the forest cover of Caraga even as he admitted illegal logging activities still thrives which mostly involve smallscale operators engaged in sneaking out natural grown trees outside of the region.

“It was the underground economy that mostly did the damage of felling trees in the forest and we want to help them on a positive way by helping them getting more involved in NGP,” he said.

Project... from page 2

the area is helpful especially during calamities or disasters such as fire.

Casiño shared that when they had a fire incident years ago in the area, the fire trucks had difficulty getting inside the area to put the fire down. Hence, they are very thankful that the city government included the project in UN Habitat’s environment protection and climate change program as this would surely be of big help in saving lives during emergency.

The city government, on the other hand, expressed that the project is one of the ways to address the drainage problem of the city and the bigger challenge now is to expand the project all throughout the creek up to Limketkai Mall.

As for the smooth i mpl e me nt at i on of t he

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 44 Initao, Misamis Oriental

project, the participation of the people in the community is commended by Mayor Oscar Moreno saying that “it is the essence of involving the community that makes public service more meaningful.”

Moreno also regard the project as a small victory and little success but “little they may be pero makita sa tao ang epekto (but the people can immediately see its effects).”

The Linear Park Project, which amounted to about P6 million, is funded by UN Habitat and city government in partnership with Barangay 22 Council, Cagayan Electric Power and Light Company, Inc. (CEPALCO), Cagayan de Oro Water District (COWD), University of Science and Technology of Southern Philippines (USTP) and Xavier University.(RTP/ PIA10)

Award... from page 3

Roadside Assistance.

Much thought and careful study have been poured into each aspect of the BYD 5-STAR Customer Service Program so that the excellent technology and innovation that went into the production of every BYD vehicle may be maintained in accordance with the highest standards of excellence.

As such, STAR CORP has set up only full-service infrastructure and facilities in the Philippines—operating service centers with a steady and sure supply of Genuine BYD parts and accessories,

manned by top-notch service and automotive technicians.

“The 5-STAR Customer Service Program is a result of STAR Corp’s deepening understanding of our customers. Over the past year and a half, we’ve listened to our customers and identified their preferences and even their sensitivities. This program and all its components is a signpost of our long term commitment to our customers so that they enjoy their BYD vehicles well over the long haul,” revealed Tieng.

On the other hand, BYD Response Operations (BRO) was also the reason for the special award. The BYD Response Operations is STAR CORP’s unique approach to meet and exceed its customers’ expectations and provide the services they need wherever they are. Like a real-life BRO, BYD will provide that personal and reliable touch, offering expert information, r e c o m m e n d at i o n s a n d solutions to their customers on how to get the best motoring experience from their BYD vehicle.

“Service is indeed a critical success factor for our brand to succeed. And to demonstrate it, we’ve made our services and facilities more convenient and accessible for our customers to avail of through our BRO Service Hotline and through the BRO Mobile Assist. So if our customers can’t bring their BYD vehicles to the dealership, then we will bring the dealership to them,” said Tieng.

Republic of the Philippines Regional Trial Court 10th Judicial Region Branch 16, Tangub City

IN REPETITION FOR JUDICIAL CONFIRMATION OF IMPERFECT TITLE

LRA CASE NO. 2015-59

IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRY IN THE BIRTH RECORDS OF HAZEL CORPUS RECTO CHANGING THE DATE OF BIRTH FROM February 13, 1954 TO February 13, 1984.

GEMINI LAND VENTURES AND DEVELOPMENT CORP. Petitioner -----------------------------------/

Cadastral Lot No. 4423 CAD 237

THE LOCAL CIVIL REGISTRAR HAZEL CORPUS RECTO, -versus- OF TANGUB CITY, MIS. OCC.

Petitioner,

Respondent,

/--------------------------------------------------------------------------/ 2nd NOTICE OF HEARING

AMENDED ORDER Finding the verified petition for judicial confirmation of imperfect title of land identified as Lot 14423 Cad-237, situated at Barangay Matangad, Municipality of Gitagum, Province of Misamis Oriental Island of Mindanao, containing an area of 2,785 square meters, and more particularly described as follows:

A parcel of land with an area of 2,785 square meters (Lot No. 14423 CAD-237) situated at Barangay Matangad, Municipality of Gitagum, Misamis Oriental, Island of Mindanao, bounded on the SE by Lot 13762 Cad 23, on the SW by Lot 13765 Cad 237, on the NW by Mindanao Sea, and by NE by Lot 13760 Cad 237.

Filled by Gemini Land Ventures and Development Corporation, duly represented by its Corporate Secretary, Ma. Jugi D. Salimbagat, to be sufficient in form and substance, the same is set for INITIAL HEARING on August 07, 2017 at 8:30 o’clock in the morning at this Court, sitting at the Hall of Justice, Initao , Misamis Oriental, Persons interested in this petition are required to answer and appear before this Court on the aforesaid date and make known their position thereto.

The Administrator of the Land Registration Authority is hereby directed at the expense of the applicant to cause the publication of the Notice of Initial Hearing in the Official Gazette and once in a newspaper of general circulation in the Province of Misamis Oriental.

Further, the petitioner is hereby directed to furnish copy of the application and its annexes to the Solicitor General. Lastly, let copies of this order be furnished to the concerned office of the Department of Environment and Natural Resources (DENR) of this province.

SO ORDERED February 8, 2017, Initao, Misamis Oriental

SPECIAL PROCEEDING CASE TC-2016-043

(Sgd.) MARISSSA P. ESTABAYA Presiding Judge

BWM: May 22, 29 & June 5, 2017

WHEREAS, after alleging certain facts in a verified petition filed on June 16, 2016, petitioner prayed that after notice, publication and hearing, an order be issued directing the Local Civil Registrar of Tangub City, Mis. Occ., to make the following correction in her record of birth, to wit: Year of birth from “1954” to “1984”.

WHEREFORE, finding the petition in due form and substance, the hearing of the same is hereby set on June 14, 2017 at 8:30 o’ clock in the morning, at the Session Hall of this Honorable Court, at which date, time and place, any concerned and interested person may appear and show cause, if any, why said petition shall not be granted.

The Sheriff of this Honorable Court is hereby ordered to post copies of this Notice in three (3) conspicuous places, preferably in the Bulleti Board of this Court, the City Hall of Tangub City, and the Barangay Hall of Lorenzo Tan, Tangub City, Mis. Occ. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned.

Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Local Civil Registrar of Tangub City. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto.

WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON. Presiding/Executive Judge, this 10th day of May 2017.

(SGD.) ATTY. MARCELINO D. NATIVIDAD, JR Clerk of Court-VI

BWM: May 29, June 5 & 12, 2017

12

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Greetings to

From

on its 8th Year Anniversary.

Heart Evangelista-Escudero Actress A proud member of Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000 Veterans Bank is regulated by the Bangko Sentral ng Pilipinas.