Issuu

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 127

Market Indicators As of 5:30 pm March 17, 2017 (friday)

FOREX

PHISIX

US$1 = P50.154

7,345.02

3.7

X X Briefly

cents

66.42 points

Rice subsidy THE Department of Social Welfare and Development (DSWD) has started to release rice subsidy in the form of cash amounting to P600.00 a month to the beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) this month. Around 4.4 million households are expected to receive the additional grant in the country. Of this number, Northern Mindanao has 270,451 active beneficiaries under the regular Conditional Cash Transfer (CCT) program and the Modified CCT. “Following the directive of President Rodrigo R. Duterte during his first State of the Nation Address (SONA) in June 2016, the rice subsidy hopes to address the hunger problem that the poor households continue to battle. The President wants that the poor households are able to eat everyday” said DSWD Secretary Judy Taguiwalo.

Investment program THE National Economic and Development Authority in Northern Mindanao (NEDA-X) presented the 2017-2022 Regional Development Investment Program (RDIP) to members of the media and government communicators in a forum held in Cagayan de Oro last week. The 2017-2022 RDIP is a document that will guide the implementation of programs and projects in the region in the next six years. “This document translate our Regional Development Plan into concrete and actional programs and projects in order for us to meet or achieve our development outcomes for the period,” said NEDA-X Assistant Regional Director Mae Ester T. Guiamadel.

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PH, China sign economic cooperation program www.businessweekmindanao.com

Monday | March 20, 2017

By ANTONIO L. COLINA IV, MindaNews

AVAO City – The Philippines and China signed on Friday a six-year development program for trade and economic cooperation between the two countries in Davao City on Friday. Na t i o n a l E c o n o m i c Development Authority Director General Ernesto Pernia and Fu Ziying of China International Trade Representative and Vice Minister of Commerce signed the program. The program “aims to steer and promote stable

and orderly development of economic cooperation, enlarge the scope and enhance the level of cooperation, and drive sustainable and inclusive socioeconomic development in both countries.” Fu and Chinese Vice Premier Wang Yang had met sign/PAGE 11

LOBSTER. Alejo Gratico, a local raiser, is sizing-up his lobster if it is ready for harvest in Day-asan, Surigao City. A kilo of live lobster fetch a price ranging from P2,600 to P3,200. The water-surrounded village is known to be one of the lobster producing area in Caraga. Photo by Jun Ayensa

Palay production in Normin drops By MARK FRANCISCO, Staff Writer

PA L AY p r o d u c t i o n i n Northern Mindanao went down by 3.45 percent during the fourth quarter of 2016 as compared to its year-ago level.

In a report released by the National Economic and Development Authority (Neda) last Thursday, the region’s decreased production is attributed to the inadequate

or delayed release of water from irrigation canals. The drop dragged down rice sufficiency levels in the region by 5.6 percentage points, lower compared to the same quarter in 2015. This palay/PAGE 11

Clergy declines Pagcor offer to finance drug rehab center By MARK FRANCISCO, Staff Writer

OFFICIALS of the Philippine Amusement and Gaming C or p oration (Pagcor) offered to help the Roman Catholic Church to finance

t he archd io ce s e’s d r u g rehabilitation program in exchange for operating a casino here last year, a top Roman Catholic official said

Friday. Archbishop Antonio Ledesma, head of the Roman Catholic’s Archdiocese in Misamis Oriental, said they refused the offer. declines/PAGE 11

WELCOMING CHINA. President Rodrigo Roa Duterte welcomes Vice-Premier Wang Yang of the State Council of the People’s Republic of China at the Presidential Guest House in Davao City Friday, March 17. KARL NORMAN ALONZO/Presidential Photo

Aboitiz, DTI ink support for Matigsalug tribe livelihood DAVAO City -- Aboitiz Power Corporation (AboitizPower) has tied up with the Department of Trade and Indust r y - Region 11 (DTI-11) to implement a comprehensive crafts livelihood project for

members of the Matigsalug ethnoliguistic group in Marilog, Davao City. The project is initiated by its subsidiary, Therma South, Inc. (TSI), in partnership with Aboitiz Foundation, which is matigsalug/PAGE 11

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Economy

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Trade committee vows to support agreement to strengthen MSMEs

HE CAGAYAN de Oro City committee on trade and c ommerc e has pushe d to support Micro, Small and Medium Enterprises (MSMEs). The City Council committee on trade and commerce chaired by Councilor George S. Goking endorsed to the committee on laws and rules chaired by Councilor Ian Mark Nacaya for appropriate action the proposed ordinance granting authority to Mayor Oscar Moreno to enter into and sign the Memorandum Of Agreement (MOA) with the

Department of Trade and Industr y-10 for another B ottoms - Up - Bu d ge t i ng (BuB)project. This covers the i mpl e me nt at i on of t he Integrated Marketing Assistance for Micro, Small and Medium Enterprises (MSMEs), as one of the pre-requisites for the downloading of fund from the national government in the amount of P4 million. The Integrated Marketing Ass i st anc e for M SM E s h a s f o u r c o mp o n e nt s , namely: establishment of a Pasalubong Store, Capability Enhancement Training,

Trade Promotion Activities and Branding. Based on the proposal submitted to the committee, the project aims to generate

P5 million in sales and provide 200 jobs while assisting about 60 MSME’s. Target beneficiaries of the project are 50 food

micro-enterprises and 10 non-food micro enterprises in Cagayan de Oro. As its counterpart, the city government will provide

the amount of P1 million to be used exclusively for the implementation of the said livelihood poverty reduction projects. (SP)

MISAMIS Oriental – Provincial governor Yevgeny Vincente B. Emano has lifted on March 16, 2017, the stoppage order he issued for tourists to temporarily refrain from visiting tourism sites in the province due to continuous engagements between the military and

members of the New People s Army (NPA). This, after the Philippine A r my ’s 5 8 t h I n f a n t r y ‘Dimalulupig’ Battalion of the 4th Infantry Division assured public that the province is relatively peaceful. In his letter to Emano, LtCol Francis P Carandang, 58th IB commander, said the

peace and order situation in the province is stable and that the location where the latest skirmish that happened on February 27 to March 1 in the vicinities of Kaulayanan, Sugbongcogon and Bunal, Salay are far from the communities and the mountains where tourists do trekking adventures.

The rebels torched on March 6, 2017 a mini-tanker in Sitio, Solo, Barangay San Juan, Balingasag, but Carandang said it was an apparent effort (of the NPA) to divert our focus military operation. Carandang clarified that the intent of their continuous combat Order/PAGE 11

MisOr stoppage order lifted

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IYCF meeting. Northern Mindanao Regional Task Force on Infant and Young Child Feeding holds their first quarter meeting to discuss the IYCF Work Plan for 2017, quarterly monitoring schedule and update on breastfeeding seat initiative on March 17.(RTP/PIA10)

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

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Motoring GILBERT Y. CHAO - Motoring Editor

Rising to the Occasion – Ford Fiesta Hatchback Sport+ PS Volkswagen Philippines turns over Touran MPVs to Froehlich Tours Volkswagen Philippines, exclusive importer and distributor of the country’s number one-selling European car brand, recently turned over Touran multi-purpose vehicles to innovative tour, transport and P2P bus services provider Froehlich Tours during a ceremonial handover. The turnover marks the beginning of a partnership between two dynamic, rapidly rising transportrelated companies— Volkswagen Philippines, which, in just three years of operations has become among the most awarded and top-selling European car brands, and Froehlich

Tours, which in just over four years of operations has grown from one travel agency with seven tourist coaches in Don Bosco, Paranaque City, to a fleet of nearly 400 tourist coaches, buses, premium vans and sedans. The addition of 10 Touran MPVs into Froehlich Tour’s fleet— along with 10 Tiguan SUVs, 10 Crafter vans, four units of Beetle with froehlich/PAGE 11

he season of festivals is just around the corner. There is no shortge of fun because practically every island in the archipelago has its own set of celebratory activities. Wouldn’t it be nice if you could drive to all those places and join in the party? Better yet if you have ride that has a character that is as festive as your intended destination. The Ford Fiesta Hatchback Sport+ PS brings back the excitement to your driving, bad traffic notwithstanding. Propelled by the awardwinning Ecoboost engine, it offers uncompromised performance with remarkable fuel efficiency. Its three-cylinder, 999cc turbocharged power plant produces 125 hp @ 6000 rpm and 170 Nm @ 1400-

4500 rpm on tap while still frugally sips fuel when stuck in a gridlock. Matted to a six-speed PowerShift transmission, you get the convenience of an automatic and still enjoy the sportiness of a manual via the dual clutch technology. It is even designed to be maintenancefree throughout the service life of the car. The Fiesta Hatchback Sport+ PS is equipped with an Electronic Stability Function which uses other available safety features like Anti-lock Brake System

and Traction Control to keep you on track during sudden maneuvers. Plus, the Electronic Power Assist Steering automatically adjusts the weight of the steering wheel according to road conditions and strong winds. The Fiesta’s chassis is reinforced with boron steel, which four times stronger than conventional high-tensile steel. Also, it comes with driver and passenger airbags together with front and back side curtains for the protection of all occupants. Back-up

sensors help keep the Fiesta’s beautifully sculpted rear end scratch-free. Ford’s SYNC Technology allows you to communicate with your car, literally. It enables the driver to play music from various sources and make a phone call using voice commands. You can even have text messages read out to you while keeping your hands on the wheel and your eyes on the road. Indeed, such amenities make traffic more tolerable and will put anyone in a festive mood.

Opinion

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Remembering President Ramon Magsaysay

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Vice President for Administration

joe palabao

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NELSON CONSTANTINO Editor-in-Chief

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gilbert y. chao

Executive Editor

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BONG FABE

Feature Editor

Associate Editor

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shyne campaner

Regional Editor Caraga

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Women Are From Venus Think a minute…What do husbands and wives need from each other? A bestselling book entitled, Men Are From Mars , Women Are From Venus, explains how men and women are different creatures. So for marriage to work, husbands and wives must know each other’s different needs before they can meet and fill those needs. It’s then they can have a satisfying marriage. Today we’ll let the ladies go first, and next time we’ll talk about husbands’ needs. Women basically need 3 things from their husband. Number 1: affection. Not just sex, but thoughtfulness, kindness, and yes, romance! Some of us men treat our wives like they’re just our housekeeper and lover! Friend, our wife needs our full attention and affection. So let her know how often and how much you think of her. Number 2: your wife needs conversation and friendship. One of the biggest disappointments that wives have is that their husband almost never sits down and chats with them. And that their husband doesn’t treat them like a friend or equal. Number 3: Your wife needs faithfulness. Not just

THINK

A Minute

Jhan Tiafau Hurst in providing money for food and a home, but faithfulness to her personally! Your wife needs to know that you’re a one-woman man! And that later you won’t trade her in like an old car for a new model. G o d, Who invente d marriage, also gave us His manual for marriage: the Bible. When all else fails read the manual! In the Bible Jesus Christ clearly shows and explains how husbands are supposed to love and serve the needs of their wife. But you’ll never have what it takes to satisfy and meet your wife’s needs until you ask Jesus Christ to forgive you for your selfcenteredness and let Him take full charge of your character. Only with Jesus’ strength and real love can you be the man and husband your wife needs. Just Think a Minute…

60 years ago last Friday, the President who is wellloved as a “Champion of the Masses “ met his untimely death when his presidential C-47 plane crashed on Mt. Manunggal, Balamban, Cebu. President Ramon Magsaysay had just spent a very busy day in Cebu – speaking in four universities, talking separately with Cebuano political leaders, greeting religious leaders, and conducting his usual “unscheduled” inspections. One report said he even managed to squeeze in some time to deliver a much needed package of medicines for a patient- a certain Cornelio Faigao – who was suffering from a rare ailment. Past midnight, despite the protestations of former President Sergio Osmeña, Sr., President Magsaysay insisted on flying home. He told Osmeña that he had another full schedule the

following day. The Presidential plane, Mt . Pi n atub o, c r ashe d minutes after takeoff. A subsequent investigation identified the cause of the tragedy as “metal fatigue” of a crucial engine part. Also on board the plane were Education Secretary Gregorio Hernandez, Presidential Assistant Tomas Cabili, Cebu Representative Pedro Lopez, Philippine Air Force Chief Brig. Gen. Benito Ebuen, and Secretary Jess Paredes. Of the 26 persons on board, only one survived. Journalist Nestor Mata, for tuitously fell asleep without fastening his seat belt. On impact, Mata was thrown out of the burning plane. Mata survived with 2nd degree burns in parts of his body. A pall of shock and gloom immediately blanketted the whole nation.

The man who captured the imagination of the masses with his endearing ways, his openness, his humility, and his sincerity was no more. What made Magsaysay so close to the Filipino masses? “The Guy” knew, almost inst inc t ively, w hat t he ordinary Filipino wanted and he delivered it to them. This he learned as a young boy during his growing up years, as a guerilla leader, and as a bus company mechanic. Although his family had means, he grew up and played with farm hands. During the war years, Captain Magsaysay lived with the ordinary folks as his guerilla group moved in and around Mt. Pinatubo. (Hence, the name of the illfated presidential plane). His guerilla group played a significant role in the Battle to Retake Bataan, by seizing control of San Marcelino airstrip prior to the landing

SPEAKING

O ut

Ignacio Bunye of US troops in San Narciso. He had an uncanny ability to fix engines. This landed him a job as a mechanic, later as a supervisor, in a bus company. As President, one of his first official acts was to open the gates of Malacanan to the ordinary people. He listened and he acted on requests and complaints. To reach a wider audience, Magsaysay institutionalized Bunye/PAGE 11

Why the EU Parliament Needs Soul-Searching T he Eu rop e an Un i on’s parliament urged the Duterte administration to release senator Leila De Lima from prison, and more than that, pressured the government to stop the death penalty. Its voice reverberates with an air of superiority—seemingly looking at their own cultures as the paragon of dignity and morality. B ut we s e e a s t ar k contradiction here: just like Lady Gaga, who condemned extrajudicial killings being a crime against humanity-which could not yet be attributed to the state—the EU parliament also needs to distinguish first between a human face and a sex organ (sorry for there is no substitute to the words). Not only is the parliament bragging for a hypothetical s u p e r i o r i t y i n hu m a n advancement and morals; the parliament reminds us of Hitler, who looked down on other races and annihilated the Jews. I do not associate

Hitler and EU because they are different personalities. I am reminded, however, that he hailed from the said region. Could the members of the parliament be following his delusions? Could they just tell us that if we do not toe the line, they will take away the free tariff of our exports? Could they be thinking that Filipinos will just take their demands as the mandates of heaven if many of their constituents do not even have a commitment to spiritual matters, nor know what makes one more human-- the inability to acknowledge a Higher Being because they are already well-heeled? B ehold many of the cathedrals in the EU region only have ten or twenty regular churchgoers—a hyperbole or the reality? Is this the moral high horse to look up to? Is there anything that Filipinos must admire from the culture they are

trying to brag except the death of soul searching with prosperity becoming the new “god”? What the EU parliament must know : the justice system of our country is still working. We cannot immediately conclude that what De Lima got is just a reprisal of the administration because merely denying drug allegations against her is not enough to make her innocent. How about the pictures of her toenadering with Bilibid inmates? Was there a photo of her singing with inmates? Were they just photoshopped? How about the feasts and licensed extravagance of drug lords observed at Bilibid prison, which stopped after a raid and then came back—all during her watch? Are they telling us that jailing De Lima is only a political manifesto? We may not be experts of jurisprudence, but we are not born yesterday. She has a lot of explaining to do.

lucell larawan Do not just tell us that the Department of Justice merely bribed the inmates to make De Lima a drug protector. And please do not tell us that our lawmakers do not use good discernment in approving death penalty. Do not tell us that the death penalty did not curb the crime rate because before, it was not really implemented here, except for two criminals. Do not convince us that we do not need the ancient ways because modernity is the root Larawan/PAGE 11

FB Live: broadcasting worldwide LIFE’S INSPIRATIONS: “… In the presence of God and of Christ Jesus, who will judge the living and the dead, and in view of his appearing and his kingdom, I give you this charge: Preach the word…” (2 Timothy 4:1-2, the Holy Bible). -ooo THE MIRACLE OF B ROA D C A ST I NG W O R D LW I D E T H R U FA C E B O O K L I V E : Today’s column concerns a personal matter. I wish to invite everyone to visit two Facebook pages or timelines, where I am the administrator--the “Ang Tanging Daan” and “Kakampi Mo ang Batas” timelines. For the last several days--and I pray to God this can go on at least until the

purposes for which those Facebook pages or timelines have been established shall have been achieved---I have been broadcasting daily through what is now known as “Facebook Live” broadcast application (or “apps”, as these things are usually referred to by Internet users around the world). Indeed, I can only say, “thank God in the Name of Jesus” for this wonderful instrumentality made available for free by Facebook, because through it, I can now bring my advocacy for spreading the Gospel that says Jesus is God and Savior, and is God the Father, Son, and Holy Spirit, technically to the whole world, and for helping our countrymen, wherever they maybe, understand the

complications and solutions to their legal problems. -ooo “ANG TANGING DAAN”, BIBLE STUDY IN ENGLISH: The broadcast for “Ang Tanging Daan” is now carried out on a daily basis, usually starting between 7 p.m. up to 9 p.m. The starting time for the broadcast varies everyday, depending on whether or not I have already done away with the various tasks that are confronting me daily---as a broadcaster, columnist, trial lawyer, legal and management consultant, preacher, and, sometimes, as counselor. Then, as the experience of the past one week has shown, I usually go on air for about 45 minutes to one hour. The topics that I have been discussing focus on the

K akampi

Mo A ng Batas

Atty. Batas Mauricio teachings and basic doctrines of the Christian church where God graciously installed me as its first Leader Disciple since 2007, the Anak ng Diyos Kadugo Ni Kristo (or the Children of God Blood Kin of the Christ) Church. What is more, the live batas/PAGE 11

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monday|March 20, 2017

Billboard U.S. Government awards STI grants Filipino scholars and universities Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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he United States Government, through the U.S. Embassy in the Philippines’ United States Agency for International Development (USAID), recognized 10

research scholars and 37 grant recipients in science, technology and innovation who support the Philippine Government’s push for innovation-led and inclusive growth.

The grants and scholarships are awarded by USAID’s Science, Technology, Research, and Innovation for Development (STRIDE) project, which works to stimulate inclusive economic

growth by boosting science and technology research. T h e Un i t e d S t a t e s Ambassador to the Philippines, Sung Y. Kim, personally acknowledged the individual scholars and

5th Year for Lazada Philippines is Strongest Year Yet W ith a re c ord h i g h 91% market share in the Philippine e-Commerce category, Lazada Philippines has plenty to celebrate for its 5th year anniversary. Since its recent acquisition by global e-Commerce giant, Alibaba.com, the country’s dominant online shopping and selling destination shows no sign of slowing down. In just 5 short years, Lazada has been able to guard and grow e-commerce in the Philippines with c om m it m e nt t o it s 3 main customer offerings: assortment, convenience, and topnotch service. W hen it comes to variety, no other Philippine e-commerce platform comes close to Lazada, with 6.3 m i l l ion items u nder a wide variety of categories i nc lud i ng ele c t ron ic s , fashion, home & living, travel, toys, grocery items, and even pet goods.

Convenience and service are best in class with 24/7 a c c e s s v i a we b sit e or mobile app, free shipping around Metro Manila and nationwide with a minimum purchase of P1,000, and free returns. Lazada also innovated through a wide variety of payment options, including credit and debit c a rd s , a nd t he h ig h ly popular cash-on-delivery option. L a z a d a’s up c om i n g a n n i v e r s a r y, d u b b e d ‘La zada’s 5t h Bir t hday Surprise’, has been marked as the biggest shopping event of the season. From March 21-23, Lazada will be showering online shoppers with sitewide discounts of up to 90%, low denomination Peso Sales, and time based Flash Sales. There will also be exclusive offerings from its most popular brands, and raffle prizes like vacation packages and real world treats.

HIGH FIVE DEALS Make your summer sizzle with hot deals such as the Delsey 4-wheel trolley for only P3,507; JBL on-ear headphones for only P699, and Nyx Lip Lingerie for only P490. Also in the lineup are customer favorites such as the VR Box 3D Glasses for only P95, Keds sneakers for as low as P999 and assorted Nestle Dolce Gusto capsule packs with free Nestle Dolce Gusto Oblo machine for only P3,400. FIERCE FLASH SALES For a very limited time, Lazada will also be offering top items at markdown pr ic e s: T he i n f lat able Banana Bed for only P199, Nivea shower gels for only P68, and a CKK Inspire mobile phone with a 5.0 mega pixel camera and dual sim capability for only P999. Other fierce items include an Avision24” HD LED TV and a Matrix Air Conditioner at P4,999, and a

car stereo Bluetooth player for only P699. BIRTHDAY TREATS FOR ALL No bir t hday w ill be complete without giveaways! For lucky customers who shop from March 21-23, Lazada will be raff ling off a trip to Taiwan for two from KKDay. Foodie customers also get free book y.ph subscriptions worth P1,500 with every minimum purchase. Finally, every minimum purchase of P1,000 becomes a true treat, because customers get a P10 discount on FamilyMart’s famous Twirl. So mark your calendars, ma ke you r check l ist s , and make room for more st u f f because L a z ada’s 5th Birthday Surprise is going to be the main event on your March calendar! Celebrate with Lazada by visiting Lazada.com.ph or downloading the Lazada mobile app for free today.

the research grant recipients. “Our grantees represent the best scientific minds in the Philippines,” said Ambassador Kim. “We look forward to the results of their research projects that should upgrade industries, generate jobs and investments, and build skills and capacities in communities, academic institutions and companies“ Today’s awards included 24, Php5 million ($100,000), 1-year research grants to Philippine universities to undertake collaborative research with U.S. universities or a lo cal industr y on disciplines that contribute to high-growth sectors, including electronics, chemical industries, alternative energy, agribusiness, and information technology. USAID also funded 10 prototyp e development research grants, valued at Php1.15 million ($23,000) each, and three innovation development grants that address human development challenges, valued up to Php4 million ($80,000) each. The universities who received research grants i n c l u d e Un i v e r s i t y o f the Philippines Diliman, We s t e r n P h i l i p p i n e s University, University of Southeastern Philippines, and Technological Institute of the Philippines. USAID’s $32 million, S c i e n c e , Te c h n o l o g y, Research and Innovation for Development (STRIDE) Project is the U.S. government’s largest higher education project in the Philippines. The 5-year project strengthens the Philippines’ capacity

for innovation-led inclusive growth through strengthening applied research capabilities in Philippine universities and industry and bolstering human capacity development in science, technology and innovation (STI). To date, the project has awarded approximately $5.5 million in collaborative science, technology and innovation research grants to more than 20 universities around the country. It has awarded 56 scholarships to Filipinos to study in U.S. universities; provided advanced technical training to scientists and researchers; brought 28 U.S. visiting professors to the Philippines; and is establishing 10 knowledge and technology transfer offices in select universities in the Philippines. U S A I D ’s S T R I D E project is implemented by RTI International, in collaboration with subgrantees the University of Mi ch i g an’s Wi l l i am Davidson Institute, Florida State University, Rutgers University and local nonprofit, Philippine Business for Education. About USAID: The United States Agency for International Development is the lead U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential. In the Philippines, USAID partners with the national government to create a more stable, prosperous and well-governed nation. For more information, visit http:// www.usaid.gov/philippines or email infoph@usaid.gov.

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CorporateWorld New Davao resto offers healthy food for kids monday|March 20, 2017

AVAO City -- A newly-opened restaurant here is venturing on a different kind of a green or healthy food dining experience, especially for kids. L e n l e n Uy - B o s q u it , owner of Sundays Resto, said feeding children with healthy food like green vegetables is a challenge for many parents. “As a mother, I was challenged too and that inspired me to serve it here,” she said. Bosquit said among the dishes they serve, which

appealed to the tastes of the kids, are malunggay dip with gourmet bread, mashed cauliflower and veggie-laden lasagna. Veggie salads mixed with Davao fresh fruits like pomelo and ripe mango are winners, too. Meanwhile, Bosquit, who does some of the cooking herself, said they also offer sp e ci a l comfor t fo o ds, which are “heirloom family recipes” from her Chinese grandmother, like “humba”, ox tail, pochero steak and chicken tender.

Sundays complements the Go Hotel, a family venture with the Gokongwei ledRobinsons Land Corporation, which caters to foreign and domestic visitors. She said they get “good feedback” from foreign visitors involving Filipino comfort dishes. The family also operates Dencios Kamayan, which has eight branches around Davao City. Sundays Resto is the newest family baby under the supervision of Bosquit. “The homey setting is

what we want to offer to our diners plus our family recipe at an affordable price,” she said. Bosquit said the opening of more restaurants in Davao City is a welcome competition. She said that the raw materials they use like vegetables, meat and other products are sourced locally except the cheese, which they import. Sundays is one of the participants at the “Visit Davao Fun Sale,” a sales event in Davao. (PNA)

SAN MIGUEL Corp. grew its earnings beyond P50 billion last year, as its major businesses raked in more revenues and continued to improve their margins. In a statement issued on Thursday, the country’s most diversified conglomerate announced its consolidated net income soared 80% to P52.24 billion from the P28.99 billion booked for 2015. San Miguel would have grown its profit to P61.2 billion without the P8.9 billion lost to the depreciation of the peso, which inflated the financing cost of outstanding dollar-denominated debts and other expenses. The conglomerate nevertheless trimmed its foreign exchange losses from the P10.34 billion recorded for 2015 after undertaking refinancing activities. The improvement in the profitability of San Miguel also reflects a 24% surge in

income from operations to P99.65 billion from P80.55 billion during the year, with most businesses delivering double-digit increases. But the lingering weakness of oil prices worldwide kept the conglomerate from growing its revenues faster than 2% and over P685.31 billion. In 2015, San Miguel saw its revenues drop 13% to P672.24 billion amid the slump in crude prices along with the scheduled maintenance shutdown of the Malampaya gas facilities and the downtime resulting from the maintenance of the Ilijan and Sual power plants. Last year, the average price of Dubai crude further dropped 19% to $41.27 from $50.91 per barrel. Petron Corp. accordingly saw its revenues decline 5% to P343.84 billion from P360.18 billion despite growing its sales volume 6% to a record 104.3 million from 98 million

barrels. Still, Petron managed to increase its operating income by 31% to P23.8 billion from P18.13 billion and subsequently its net income by 73% to P10.82 billion from P6.27 billion. The conglomerate’s food arm -- San Miguel Pure Foods Co., Inc. -- netted 26% more earnings alongside. Its profit jumped to P5.98 billion from P4.75 billion on higher sales, volume and contributions particularly from its agroindustrial and branded valueadded businesses. Pure Foods registered a 4% increase in consolidated revenues to P111.59 billion from P106.86 billion. The agro-industrial business generated P76.5 billion or 5% more revenues, while

the branded value-added segment raked in P27.63 billion or 7% more. “We’re very encouraged by the company’s strong performance in 2016 and we are determined to build on t his momentum by investing in our brands and innovation to drive longterm profitable growth and enhance shareholder value,” San Miguel President and Pure Foods Vice-Chairman Ramon S. Ang said in a separate statement. “For 2017, we’re working to further improve core operating margins by growing our value-added business, improving cost efficiencies, increasing distribution reach and aggressively expanding production capacities,” Mr. Ang added.

SMC profit soars to P52-B in 2016

Cebu Pacific passenger volume up 4.8% in Jan. CEBU AIR, Inc. and its wholly owned subsidiary Cebgo, Inc. flew 4.8% more passengers in the first month of the year, as the budget carrier increased frequency and capacity of its flights. T h e G o kon g w e i - l e d carrier ferried a total of 1.72 million passengers in January from the 1.64 million recorded during the same period in 2016, according to the latest operating statistics uploaded on its Web site. For 2016, the airline carried 19.1 million passengers, up 4% from the 18.4 million passengers flown

in 2015. On average, Cebu Pacific flights were 86% full during the year. Latest data showed the airline capacity was up 6.6% to 2.023 million from 1.897 million during the comparable period, while the number of flights also increased 3.5% to 11,738 from 11,337 previously. Meanwhile, seat load factor dipped 1.5% during the period to 85%. The airline is targeting to ferry 20 million passengers this year, as the company expects the delivery of 48 additional planes up to 2021.

2017 School Heads Development Program A Big Success By Arnel T. Genita – EPS/QAD

It was the ambitious and decisive plan of the National Educators Academy of the Philippines to provide trainings t the aspiring and the concurrent school heads. From the part of the speakers, facilitators, advis ers it is a g re at challenge which requires ardor task and sacrifices to be away from their family, work and their daily task for the last 21 days. It was the ambitious plan of the Duterte administration to fully equip the school heads to improve their managerial task, decision making, leadership skills, strategies to improve the management styles through exercising their supervisory skills. Previously the NEAP training lasts only after 5 days but the recent SHDP training will take 21 days. This training offers great success stories and shares common understanding of the different challenges

and obstacles in managing schools. It also highlighted the management methodology, duties and functions as stipulated in RA 9155, the liquidation of resources and how to provide linkages among the different stakeholders in the community. The s aid t rainings started from the early of November 2016 up to March 2017 and it was benefitted more than two thousand teachers, master teachers, school heads, without mentioning the billions of pesos were allocated on the SHDP training nationwide. Those participants came from the 14 Divisions of Region 10, like the Division of Misamis Occidental, Tangub City, Oroquita City, Ozamiz City, Lanao del Norte, Iligan City, El Salvador City, Cagayan de Oro City, Misamis Oriental, C am ig u in , Gingo ong , Bukidnon, Malaybalay City and Valencia City.

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

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FINAL ROUNDS & AWARDING CEREMONY - March 30, 2017 at PHINMA-COC Auditorium, Carmen, Cag de Oro City Final Rounds starts at 9:00 a.m. Awards Program - 3:00 p.m.

PARTIAL LIST OF FINALISTS: News Writing Sports Writing 1. Ysobelle B. Navales - Kauswagan NHS, Cag de Oro 1. Rico C. Libling, -Yumbing N. H S Camiguin 2. Jerome E. Cantong - Macabalan NHS, Cag. de Oro 2. Gerald G. Solidor - MOGCHS, Cag de Oro 3. Myrette Jeshielle P. Bandoy - BNSHI, Maramag, Bukidnon 3. Lenmark A. Monsanto, CMSU,Musuan, Bukidnon 4. Earl Joy B. Lopina - Yumbing NHS, Camiguin 4. Dave Clarion V. Daing - Bulua NHS, CDO 5. Cryschia Faye C. Tayong- CMU, Musuan, Maramag, Bukidnon 5. Michelle P. Balas- Tabllon Nat’l High Sch, CDO 6. Nerimer Grace V. Pornia- CMU, Musuan, Bukidnon 6. Ernesto B. Plaza Jr.- Macabalan NHS, Cag de Oro 7. Rowena T. Sabellita -Tablon NHS, Cag de Oro 7. Evans Jake C. Dacut- BNSHI, Maramag, Buk 8. Shane Erica Beniga - Bayanga NHS, Cag de Oro 8. Pamela C. Noveros - CMU, Maramag, Bukidnon 9. Jireh Faith B. Nino, BNHS, Malaybalay City 9. Jhanatoden M. Dipantar, MSU-IIT, Iligan City 10. Bruce Mico P. Gamad, BNHS, Malaybalay City 10. Faith Nicole Arquero - MSU-IIT 11. Ely Mae Dag-uman - MSU-IIT, Iligan City 11. Melbon B. Ganzan - St. Michael’s College 12. Jan Paolo M. Lumpaz - St. Michaels College, Iligan City 13. Jamaliah T. Nasrodin - St. Michaels College, Iligan City Sports Writing College: 14.Sophia Angel Lood, - St. Michaels College, Iligan City 15. Lanz Selwyn Lucmayon - MSU-IIT, Iligan City 1. Norwafa M. Daing - MSU-IIT News Writing College: 1, Louise Francine Socillo - MSU-IIT Feature Writing Photo Journalism (H.S.) 1.Kristina Casandra L. Pava 1. John Homer C. Tabas - Central Mindana State University HS - Kong Hua School 2. Ivy Joyce D. Naparan 2. Andre’ Socorro F. Doria - CMU High School, Musuan, Bukidnon - Yumbing NSH, Mambajao, Camiguin 3. Neil John J. Jomaya 3. Meybelle Rose R. Esid -Central Mindanao State UniversityHS - Lapasan National High School, CDO: 4.Jade Angeline B. Flores 4. Zarin Condes, CMULHS - BNSHI, Maramag, Bukidnon 5. Sofia Abigail Bonghanoy, CMU H.S., Musuan 5. Stephanie B. Lapuz, BNHS Malaybalay 6. Edward Agnes, Musuan, Bukidnon 6. Jacynthe Paz G. Tilanduca, BNHS Malaybalay 7. LeAnne J. Aribal, C MU Musuan, Bukidnon 7. Ashel Louisse C. Mulet, BNHS, Malaybalay 8. Alyssa Mariel C. Tagaan -BNSHI, Maramag, Bukidnon College: 9. Philipp Gabriel T. Casano - CMUHS, Musuan, Bukidnon 1. Junard J. Jumalon - MSU-IIT 10. Troy Valdehueza, - CMU High School, Musuan 2. Omongos Jena Joy - MSU-IIT 11. Megan Louse P. Tabique, MSU-IIT, Iligan City 12. Kyshann Mar C. Malubay, MSU-IIT Iligan City 13. Kassandra A. Buenafe, St. Michael’s, Iligan City 14. Erila M. Gatillo, MSU-IIT, Iligan City Feature Writng College 1. Juan Miguel Rodriguez - St. Michael College,Iligan 2. Audrey Dorothy Macas- St. Michael College,Iligan 3. Jamaila C. Bazer -St. Michael College,Iligan 4. Jorome Clark C. Maglajos - MSU-IIT 5. Abegale A. Cadorna - St. Michael College, Iligan

Science Reporting 1. Rico C. Libling, (YNHS) Camiguin 2. Nadine Cyra Valdehuesa, (CDONHS) Cag de Oro 3. Alysza Jewel V. Buna (Kong Hua) Cag de Oro 4. Julie Marie S. Bongaos, (Cugman NHS) Cag de Oro 5. Laurence M. Pabatao (BNSHI) Maramag, Bukidnon 6. Jhoris Mea Lamigo, BNSHI, Maramag. Bukidnon 7. Rheanelyn Arquilos, BNSHI, Maramag, Bukidnon 8. Israelbelle N. Ferolino, BNHS, Malaybalay City 9. Ryle Emmanuel M. Ocab, BNHS, Malaybalay City 10. Xybeen Lyndee B. Gresola - MSU-IIT, Iligan City 11. Al Fisher A. Coronado - MSU-IIT, Iligan City 12. Leila Claire A. Toribio - MSU-IIT, Iligan City Science Reporting College: 1. Elaiza Flor M. Arabiana - MSU-IIT 2. Dona Faith C. Jakosalem - MSU-IIT Business Reporting 1. Mark Palad, PIO, Camiguin 2. Francis Jose Luspo, Yumbing National High School 3. Jediah Jaira Ll Bualat, Kong Hua School, CDO 4. Justine G. Pamisa, BNSHI, Maramag, Bukidnon 5. Christy Flor D. Ecuacion, BNHS, Malaybalay City 6. Cees Mark G. Pranto, BNHS, Malaybalay City

Announcement: The Regional Qualifying Rounds scheduled in other cities andprovinces, are still on-going. Finalists will be published in addition to the list in this page. For inquiry, pls call 09153190138. - The Secretariat

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Banking&Finance PHL foreign debts down to $74.8-B in end-2016 monday|March 20, 2017

TRENGTHENING of the US dollar against other currencies along with repayments by the national government (NG) of its foreign liabilities helped lower the Philippines’ outstanding foreign debt in end-2016. The Bangko Sentral ng Pilipinas (BSP), in a release posted on its website Friday night, said outstanding external debt of the Philippine government and the private sector as of end-December last year declined by 2.4 percent to $74.8 billion from the previous quarter’s $76.6 billion.

Year-on-year, the debt level is also lower compared to the $77.5 billion in end2015. BSP Governor Amando M. Tetangco Jr., in a statement, said that aside from the payment of the government of its liabilities, another factor in the quarter-on-quarter drop in the country’s debt level was the audit adjustments on the liabilities done in the previous months. Specifically, revaluation adjustments as a result of the dollar’s appreciation against the Japanese yen, among others, amounted to $1.8 billion; net

principal repayments by the government, particularly the Power Sector Assets and Liabilities Management C or p orat ion (PSALM), amounted to $611 million, while audit adjustments amounted to $73 million. The BSP, on the other hand, noted that the effect of these downward adjustments on the liabilities was countered by the transfer of $591-million worth of government-issued debt instruments from onshore investors to overseas fund sources. Ev e n w it h t h e n e w foreign last year, Tetangco

said the country’s external debt indicators “remained at comfortable levels at the close of 2016.” He said the country’s gross international reserves (GIR), or foreign exchange reserves, reached $80.7 billion at the end of 2016, enough to cover 5.6 times of the country’s short-term debt, which in turn amounted to $ 14.526 billion as of last year. As of end-2016, bulk or about 80.6 percent of the country’s foreign debt, have tenors of medium- to longterm (MLT) with a weighted average maturity of 16.9 years. debts/PAGE 11

BSP asks lenders to craft social media rules THE BANGKO SENTRAL ng Pilipinas (BSP) will soon require banks and other financial firms to draft internal policies on the use of social media for its business activities, in a bid to boost cybersecurity and overall risk management. The regulatory measure also covers the personal u s e of e mp l oye e s an d officials of banks and other BSP-supervised financial institutions (BSFIs). In a st ate me nt , t he Mo n e t a r y B o a r d s a i d BSFIs must draft their own guidelines on social media risk management, which will cover the online presence

of these firms and their employees. “At the back of this evolving and increasingly dynamic operating environment, the new regulation underscores the importance of having a well-defined social media risk management strategy aligned with BSFIs’ strategic business goals or plans. Depending on the extent and degree of social media usage, the BSP Circular requires BSFIs to adopt commensurate risk management mechanisms and governance structure to effectively identify, measure, manage and monitor risks arising from social media platforms,” the BSP said in

a statement. The BSP cited the e xp one nt i a l g row t h in social media usage in the Philippines, where there are at least 48 million active accounts against a population of over 100 million. As such, banks and other financial firms have turned to social media to “aggressively” market their products and services and engage with their clients. Wh i l e s o c i a l m e d i a stands as a new platform for businesses, the central bank said it also comes as a new arena to attack BSFIs through possible account takeovers, malware distribution, brand

bashing, privacy violation, and the possible disclosure of sensitive data, prompting the BSP to step in. Under the rules, a BSFI’s senior management should set the direction of the company’s social media usage, and approve standards and controls in assessing risks related to online activities. In particular, banks and non-banks should draw up a list of acceptable as well as prohibited uses of their company’s social media platforms. Online sites and pages ran by the BSFIs should also be monitored to “ensure rules/PAGE 11

A pose for posterity with Goerge Ongchua General manager of Isuzu Cagayan de Oro and Hajime Koso president Isuzu Philippines Corp. and Dante Sudaria of Mindanao Daily and BusinessWeek Mindanao during the first day of Isuzu’s 4x4 Action Playground at Limketkai.

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monday|March 20, 2017

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12 Judicial Region Branch 7 Tubod, Lanao del Norte IN THE MATTER OF PETITION SPL. PROC. NO. 325-07-2016 FOR CANCELLATION OF THE CERTIFICATE OF LIVE BIRTH OF JUVIL LANGBID CABIBIL ALSO PRESENTLY KNOWN AS HIESER LANGBID CAPANGPANGAN HIESER LANGBID CAPANGPANGAN, Petitioner, - versus – THE CIVIL REGISTRAR OF KOLAMBUGAN, LDN THE CIVIL REGISTRAR OF OROQUIETA CITY, MIS. OCC. THE CIVIL REGISTRAR OF ILIGAN CITY AND VILMA UNABIA LANGBID, Respondent. x----------------------------------------------/ ORDER A verified petition for cancellation of Certificate of Live Birth of JUVIL LANGBID CABIBIL also known as HIESER LANGBID CAPANGPANGAN was filed before this Court on November 08, 2016 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent’s office to effect the cancellation sought for. Petitioner alleges that he is of legal age, single, Filipino and residing at Block No. 5 Abellana St., Suba, Cebu City. Respondent is the Civil Registrar of Kolambugan, Lanao del Norte, Oroquieta City, Misamis Occidental and Iligan City are sued in their official capacities. Respondent Vilma Unabia Langbid is the mother of petitioner and lives in Block5, Abellana St., Suba, Cebu City, the same residence as that of petitioner. Petitioner was born on December 18, 1990 at their former residence in San Miguel, Iligan City. The fact of his birth was recorded in the registry of birth of the Civil Registrar of Iligan City. This registration was a result of a second and correct registration of his birth, bearing the name HIESER LANGBID CAPANGPANGAN. However, petitioner has two (2) birth certificates as a result of two (2) registrations. The first registration of his birth based on records and documents was done on April 23,1998. The said certificate was allegedly a simulated birth certificate due to the following facts, a. Petitioner’s mother at the time of his birth on December 18, 1990 was already a widow having been married before to a certain Amado Abarga Cabibil who died on February 22, 1988. b. Accordingly, petitioner was a product of an illicit affair between his mother and his real father, JULITO LOMA CAPANGPANGAN and therefore in reality petitioner is an illegitimate child of JULITO. Because at the time of petitioner’s birth, his real father Julito was already married to another woman. His mother VILMA for fear that the wife of his father will file a case against her, and with the help of a relative in Kolambugan, his name was registered as JUVIL LANGBID CAPANGPANGAN with other entries simulated such as the father’s name indicated in the simulated birth certificate is that of petitioner’s mother’s former husband who died more than two (2) years before he was born. It is therefore legally impossible that AMADO ABARGA CABIBIL was his father as indicated in the first birth certificate. c. Petitioner was registered as JUVIL LANGBID CABIBIL in the simulated birth certificate, which name he used since he was young until he reached high school. d. In the first certificate, petitioner’s place of birth was indicated as Riverside, Kolambugan, Lanao del Norte when in fact his real place of birth was in Brgy. San Miguel, iligan City. e. Even the date of his birth is not correct in the simulated birth certificate because what was indicated was December 20, 1991. f. The entry as to the date and place of marriage of parents is also incorrect since his mother, Vilma and the alleged father Amado were married on November 18, 1987. No date and place of marriage should have been indicated because Amado was not his real father. g. the expediter who successfully simulated his birth allegedly the sister of his mother’s grandmother and the said person according to reliable sources has long died. When petitioner entered college, his real father JULITO LOMA CAPANGPANGAN wanted him to carry his surname. His real father decided to register him again in a different name and this time to carry his surname, CAPANGPANGAN. Petitioner while in his college years already used his 2nd birth certificate and carried the name HIESER LANGBID CAPANGPANGAN. The petition for cancellation of petitioner’s birth certificate has the effect of changing his civil status from legitimate to illegitimate and must be effected through an appropriate adversary proceedings. That in order to avoid confusion and to straighten his records, thus, this petition. Set the initial hearing of this case to April 3, 2017 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court and show cause why said petition should not be granted. Furnish copy of this Order to the OSG, Makati City, Office of the Public Prosecutor, Office of the Local Civil Registrar of Kolambugan, Lanao del Norte, City Civil Registrar of Oroquieta City, and City Civil Registrar of Iligan City, and to the petitioner in his stated address and to Atty. Marlene L. Young, his counsel. Let copy of the Order containing the petition be published in a newspaper of general circulation for three (3) consecutive weeks, at the expense of the petitioner.

SO ORDERED.

Tubod, Lanao del Norte

December 5, 2016.

BMW: Mar. 6, 13 & 20, 2017

(Sgd) DENNIS P. VICOY Acting Presiding Judge

Yap sizzles as ROS beats Guiao By Ivan Stewart Saldajeno, pna

MANILA -- In yet another emotional matchup between Rain or Shine and its longtime mentor and even its former import, James Yap stole the show. The streaky scorer had his best game as an Elasto Painter to lead the squad to a 113-105 win over NLEX in the main game of Day 1 of the PBA Commissioner’s Cup at the Smart Araneta Coliseum on Friday night. Yap tallied 26 points, something he usually does during his heyday with Star during the late 2000’s and early 10’s, to help the E-Painters defeat the Road Warriors, who kept the game tight in the fourth quarter this time. After giving up 36 points on ROS in the second quarter, NLEX outscored its opponent, 29-18, in the third to go up, 81-80. Although the E-Painters had some control, the game remained tight for most of the fourth, and the Road Warriors even reclaimed the

James Yap’s amazing three-pointer shot after a dazzling ankle-breaker. photo courtesy of Spin.ph

lead, 103-102, with 2:15 left. But a bank shot by Gabe Norwood from three-point range sparked the gamedeciding 11-0 run capped by a step-back triple from Yap and another trey from Beau Belga to put ROS up for good. Yap also contributed three

rebounds, one assist, and one steal in the win even as Shawn Taggart made 23 points, 10 rebounds, four assists, four blocks, and four steals. R ay m o n d A l m a z a n , despite having to train with Gilas for three straight days in Tagaytay, still chipped in 18 points with three rebounds,

two assists, and one block for the E-Painters. In his first game against his former team, Wayne Chism had a 20-20 of 27 points and 21 boards with three assists and two blocks for NLEX. (PNA) RMA/IVAN STEWART SALDAJENO/SSC

New Zealand (3-0). Meanwhile, the Philippines won over Syria (3-0) after losing to New Zealand (0-3) in the play-offs for seventh to eighth places. The Philippines has one more match against Kazakhstan. The Philippines had a brilliant showing in the prequalifying event last month, beating Iraq (3-0) and Bhutan (3-0), in the Group A roundrobin stage. In the play-offs, the Philippines demolished Pakistan (3-0) and Lebanon

(3-0) to forge a title duel with Singapore. Del Rosario’s 2-6, 4-6 loss to Ethan Lye in the first singles gave Singapore a 1-0 lead but Pantino leveled the tie at 1-all when he scored a 6-3, 6-2 win over Robin Cheng in the second singles match. Pantino teamed up with Ringia to conquer Lye and Cheng, 6-4, 6-3 in the doubles to seal the Filipinos’ victory. The Philippine Davis Cup team is accompanied by Cris Cuarto. (PNA) CVL/JTM/RCG

PHL netters fail to advance to World Group Finals By Jean T. Malanum

The Philippines missed the trip to the World Group Finals in Prostejov, Czech Republic after failing to land in the Top 4 in the ongoing Junior Davis Cup Asia/Oceania Zone Final Qualifying in India. Comprising the country’s best 16-under players, the Philippine squad finished last with a 2-1 (win-loss) record in Group B of the round-robin phase at the R.K. Khanna Tennis Complex in New Delhi. The Philippines won over

Malaysia (2-1) but lost to Thailand (0-3) and China (0-3). Joining China in the World Finals are group leaders Chinese Taipei (A), Australia (C) and Japan (D). Chinese Taipei swept Group A with victories over Kazakhstan (3-0), Syria (3-0) and Uzbekistan (3-0). Au s t r a l i a d e f e a t e d Indonesia (3-0), Singapore (3-0) and Korea (2-1) while Japan prevailed over India (3-0), Hong Kong (2-1) and

GOLDEN ICON PAWNSHOP Benerandita L. Abrasaldo Main branch: Hayes – Osmeña Street, Cagayan de Oro City Tel No. 72-99-73 Puerto branch: Puerto, Cagayan de Oro City Tel. No. 74-26-75 NOTICE OF AUCTION SALE Starting March 29, 2017, 8:30 in the morning up to 5:30 in the afternoon, this establishment will hold a public auction of all overdue pledges from November 1, 2016 to January 31, 2017. Patrons are enjoined to verify their receipts. The Management Sa Marso 29, 2017, sa alas 8:30 sa buntag hangtud sa alas 5:30 sa hapon, ang tanang butang na prenda nga wala malukat sa bulan sa Nobyembre 1, 2016 hangtud sa Enero 31, 2017 maapil sa subasta. Gi awhag ang tanang butang sa pagsusi sa ilang resibo. Ang Tagdumala BWM: March 20, 2017

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monday|March 20, 2017

Sign... from page 1

on Friday afternoon with Finance Secretary Carlos Dominguez III, Budget Secretary Benjamin Diokno, Transportation Secretary Arthur Tugade, and Pernia in Davao. The two countries exchanged letters related to the first two feasibility studies of the nine projects getting support from the Chinese, covering projects such as Panay-Guimaras-Negros Bridges Project and Davao City Expressway Project. The officials discussed the recently approved Philippine Development Plan 2017 to 2022, and updates on bilateral cooperation in infrastructure, trade, investments, agriculture, fishery, tourism, and financing cooperation. Local business leaders are expecting more investment opportunities, following Wang’s visit in Davao City on Friday to Saturday. Davao City Chamber of Commerce and Industry (DCCCII) president Ronald Go commended President Rodrigo R. Duterte for enhancing the countr y’s relationship with China. “It only goes to show that our president has been successful in enhancing our diplomatic relations with China. There is apparent trust and confidence shown by the Chinese government,” he said. He added the local business community welcomed Wang’s visit “because after this we expect more opportunities to follow for investment, trade, and commerce for the city of Davao.” DCCCII chairman Antonio Dela Cruz believed this is the fruit of the country’s assertion of an “independent foreign policy”. “In due time, our country will be reaping a bountiful harvest because of our down to earth and very hardworking President,” he said.

Palay... from page 1

was estimated to sustain the region for only 54 days with its daily rice consumption requirement of around 28,160 bags. A notable 16.1 percent de cre as e was note d in Region 10’s rice inventory as of January 1 reaching only 1.507 million bags owing to the decreased stocks of NFA rice in all provinces and household rice in Bukidnon and Lanao del Norte. But while rice production slowed down, corn yielded 453,784 metric tons, which was 13 percent higher than its level in the same quarter of 2015.

Declines... from page 1

Ledesma said that Pagcor, the governmentowned gambling firm, has sent “feelers” to his office explaining its willingness to finance the construction of the archdiocese’s drug rehabilitation center here. He said that in his reply to the offer, he told the Pagcor’s

liaison officer that “you cannot stop an addiction by creating another addiction” – referring to addiction to illegal drugs and addiction to gambling. During the press conference Friday afternoon, Ledesma reiterated the firm stand of the Roman Catholic Church against the operation of the casino in Cagayan De Oro, saying that the economy could be developed without gambling. Pagcor reportedly proposed the operation of a casino at the Limketkai Center, a commercial complex in the village of Lapasan, in the city’s eastern district. About 20 years ago, PAGCOR’s first attempt to operate a casino in an uptown hotel here failed amid heavy resistance by the city government and the Roman Catholic Church. (PNA)

Matigsalug... from page 1

an offshoot to the donation of 12 sewing machines and raw materials to the Matigsalug Council Of Elders Marilog District Davao City, Inc. (MACOEMADDACI) in November 2015. The sewing machines and materials were used in the training of the tribe members on how to produce their traditional costume. In a st atement, T SI President and Chief Operating Officer Sebastian Lacson said the project will give “sustainable impact on the livelihood of the Matigsalug.” “We are ver y excited about this livelihood project, especially that this will create a lasting impact on the lives of our Matigsalug partner communities,” Lacson said. Un d e r t h e p r o j e c t , AboitizPower and DTI will help the Matigsalug tribe to identify and produce viable indigenous products. The project taps known local craft designers and established exporters, such as Great Gifts and Souvenirs, TADECO Home and Mindanao Trade Expo. The project, which will run for 11 months, aims to capacitate a group of Matigsalug women and outof-school youth in Marilog District to engage in a viable community-based enterprise. DTI will help promote m a r k e t a c c e s s f or t h e Matigsalug products by faci lit at ing t he g roup’s participation in local and national trade fairs and exhibitions. MAC OEMADDACI President Datu Juanito Mandahay said the group is grateful to the project. “MACOEMADDACI is very happy to be a recipient again of this sustainable livelihood package from AboitizPower and DTI,” Mandahay said. (PNA)

Order... from page 2

operations was to prevent the NPAs from launching terror attacks and extortion activities in the communities. The purpose of our AFPPNP joint security patrols and mobile checkpoints is to

preempt the NPA s sabotage activities such as burning and arson. (But) as long as there is still NPA group, we can never say when they will conduct again their terroristic activities in the province. However, as your active partner in peace and development, the men and women of the 58th Infantry Battalion are always ready to serve and protect the people. We look forward for more collaboration with your office in the future, part of Carandang’s letter dated March 14, 2017, two weeks after Governor Emano issued stoppage order. Meanwhile, the Police Provincial Office of the Philippine National Police (PNP) in Misamis Oriental issued on March 9, 2017, a Safe Travel Certification reassuring both foreign and local tourists of safety to visit tourism sites in the province. The certification, requested by Governor Yevgeny Vincente B. Emano to assure public safety in tourism destinations of the province amid reports of gun battle between government forces and rebel soldiers belonging to the NPA, was signed by Police Senior Superintendent Manuel Sukarno Barton Alvarez, acting provincial director for PNP in Misamis Oriental. Governor Emano prompted to issue stoppage order last week for tourists scheduled to visit tourist destinations in the mountainous areas in the province following reports of continuous combat operations by the military. (PIO MisOr)

Froehlich... from page 3

Herbie-themed decals and five CC premium sedans— is seen to add value and prestige to its VIP charter, luxury tour, and passenger van rental services, as the company expands its service coverage to more 5-star hotels, casinos, lifestyle, tourism and entertainment centers. The Touran is a perfect fit for Froehlich Tours’ transport needs for its diverse but discriminating clientele, as this elegantly designed, German-engineered and crafted MPV is suitable for all body types and sizes, and offers adjustable seating configurations and generous cargo space to handle every purpose. Also, behind every Volkswagen vehicle is its excellent safety features, low cost of ownership and fuel efficiency. For more details on t h e Tou r an an d ot h e r Volkswagen models, visit www.volkswagen.com.ph, or drop by the dealership network located at Bonifacio Global City in Taguig City; Quezon Avenue in Quezon City; Greenfield District Service Center at Sheridan Street in Mandaluyong City; Molito Lifestyle Building in Alabang, Muntinlupa City; Dolores in San Fernando City, Pampanga; Nor th Reclamation Area in Cebu City; SM in IloiIo City; and, Singcang in Bacolod City.

Bunye... from page 4

what has become known as the ten-centavo telegram. What was astonishing was the fact that people got an immediate response from Magsaysay’s Presidential Complaint and Action Center leaving a deep impression of a President who cares. One of his legacy projects was a land for the landless program tailor-fit for former insurgents. This is credited for hastening the weakening of the Huk movement. His “artesian well for very barrio” brought him even closer to the rural folks. He l i v e d a s i m p l e , dignified life. He was not very particular with formalities, preferring to be addressed simply as Mr. President, rather than Your Excellency. More often than not, he used the Barong Tagalog in official functions (He was the first President to ever use the Barong in a presidential inauguration.). Outside Malacanan, on routine events, he went around wearing a nondescript loose-fitting polo shirt. But whatever the occasion, one will not miss the sincere smile and the genuine firm handshake. Magsaysay never felt any sense of entitlement. He was then a sitting Defense Secretary, when on his way to an official function, his car developed engine trouble. And no matter what his driver did, the engine just failed to re-start. Magsaysay gave the driver a few minutes before alighting from the car. He rolled up his sleeves, checked what was wrong with the engine, and in no time the car was running again. On another occasion, Magsaysay’s driver committed a traffic infraction and was immediately stopped by a policemen. On approaching the car, the p oliceman recognized the occupant and prepared to wave off the driver. Magsaysay reportedly told the policeman: “If you don’t issue him a ticket, you will have no job tomorrow. But make it quick, I have an appointment to catch.” Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out.”

Larawan... from page 4

of many evils—distortions in tastes and a million more. D o not tel l us t hat governments must be soft with criminals. Even one of the epistles in the New Testament says that kings do not bear their swords i n v ai n — w h i c h m e an s governments should take some lives (the criminals’) to command order among its constituents.Do not change the essence of that premise because you are not deities. I cannot accept you as beings higher than the Spirit who inspires the Bible. I do not allow human philosophies to supplant the wisdom of

the Ancient of Days even if you will say you are the new prophets of modernity. I can clearly distinguish between what is a human invention and what is Biblical wisdom: two different roads not all leading to justice and order.

Batas...

from page 4 broadcast is simultaneously recorded by Facebook itself, so that anyone wishing to view or listen to any previous broadcast all over again can simply go back to the page “Ang Tanging Daan” by writing and clicking “Ang Tanging Daan” at the search engine of Facebook. Once the “Ang Tanging Daan” page appears, the image of the desired broadcast should be clicked to savor the discussions once more. -ooo “KAKAMPI MO ANG BATAS” GOES ON AIR ONCE AGAIN: The broadcast for “Kakampi Mo Ang Batas” employs the same process, and is also aimed to be held on a daily basis likewise, usually right after the Facebook Live broadcast for “Ang Tanging Daan” is completed. And just like the “Ang Tanging Daan” broadcast, it also lasts between 45 minutes to one hour. “Kakampi Mo Ang Batas” features the English and Filipino columns I write everyday for newspapers in Luzon, Visayas, and Mi n d an a o, an d i n t h e Metro Manila region, and my answers to questions about the law, and about legal problems whether already filed in court or are still in its preparatory stages. I am aware, based on my past radio, TV, and newspaper experiences, that many of our countrymen hunger for free legal advice and counseling about their problems. This is the reason why media forums on the law and court cases enjoy great patronage. The airing of “Kakampi Mo Ang Batas” through Facebook Live seeks to fulfill this need of Filipinos, whether they are in the Philippines or abroad. -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible Exposition and prayer session online, could now be heard 24/7 (24 hours a day), in the Philippines and the world at www.facebook. com/angtangingdaan. Phone: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Debts...

for those denominated in US dollars, 65.1 percent, followed by Japanese yen, 12 percent; US dollar-denominated multi-currency loans from multilateral lenders Washington-based World Bank (WB) and Manila-based Asian Development Bank (ADB) - $12.8 percent. T he re mai n i ng 1 0 . 1 percent is accounted for by loans denominated in 17 other currencies such as the Philippine peso, 6.3 percent; International Monetar y Fund’s (IMF) special drawing rights (SDR), 2.1 percent; and Euro, 1.1 percent. (PNA)

Rules... from page 9

compliance” with laws and regulations, particularly on f inanci a l consumer protection, transparency in advertising materials, and anti-money laundering, among others, the BSP said. Due diligence must also be exercised should a firm choose to outsource the management of the company’s social media accounts, the BSP said. A social media crisis management plan must also be prepared during times of online backlash. BSFIs not using social media are still required to draw up internal guidelines to address future risks, the BSP added. The rules stretch out to cover the “personal use” of social media by employees “insofar as it may impact the BSFI’s operations” and “reputation.” The central bank said the financial firms should set internal rules on ethical behavior, as well as the types of customer-related information which employees and officials can post online. The new rules are captured under Circular 949 signed by BSP Governor Amando M. Tetangco, Jr. on March 15. Financial entities will be given six months to craft their own social media protocol after the new circular is published for general consumption. Failure to comply with the social media standards would merit penalties from the BSP. The Philippines remains the social media capital of the world in 2016 with Filipinos having spent an average of 4.17 hours daily on online networking sites -- the longest among 37 countries, according to the Digital Global Overview report published by Hootsuite and We Are Social.

from page 9

Public sector MLT loans have a weighted average maturity of 22.9 years, longer than the private sector’s 7.9 years. As of end-2016, public sector’s liabilities amounted to $37.5 billion, lower by $1.8 billion compared to the end-September 2016’s $39.3 billion. Private sector’s debt during the same period totalled to $37.29 billion, down from the previous quarter’s $37.33 billion. Bulk of the country’s debt as of last year is accounted

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monday|March 20, 2017