BusinessWeek Mindanao (March 4, 2015)

BusinessWeek MINDANAO Your daily business paper

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Volume V, No. 114

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Foreign investments COTABATO City -- Several foreign groups of companies are expected to pour in investments to Cotabato City this year, officials said Monday.

A group of Malaysian investors have already finished putting up a water distilling plant with its equipment needed will be delivered anytime soon.

According to Secretary to the Mayor Aniceto Rasalan, the objective of the Malaysian investors in building the plant in the city is to set an affordable price of the distilled drinking water that will surely compete with the commercial brands that are available in the city.

Negosyo Center MAMBAJAO, Camiguin -The Department of Trade and Industry (DTI) Camiguin Provincial Office, in partnership with the Local Government Unit (LGU) of Mambajao is set to establish a “Negosyo Center” in the province this coming June 2015.

The Local Government Unit of Mambajao has already agreed to accommodate the establishment of a Negosyo Center in the province of Camiguin.

Construction and renovation of the office space and a training center component of the Negosyo Center are identified to be housed at the new municipal building of LGU Mambajao which will start very soon.

Launching and start of operation of the Negosyo Center is targeted on the last week of June 2015.

THE REAL VICTIMS. Lenny Anayatin, an evacuee, attends to her two-month old daughter in an evacuation center in Shariff Saydona, Maguindanao. Thousands of civilians have fled their homes after the military launched an “all-out offensive” against the Bangsamoro Islamic Freedom Fighters in Maguindanao. MindaNews photo

by Ferdinandh B.

Evacuees in Maguindanao bewail hardships caused by massive displacement

By FERDINANDH B. CABRERA, Mindanews

S H A R I F F S AY D O NA , M a g u i n d a n a o (MindaNews/02 March) – Crossing rivers at nighttime with children and carabaos either on foot or aboard motorboats.

This was just one of the

hardships that civilians displaced by intensified offensives against the Bangsamoro Islamic Freedom Fighters (BIFF) had to endure as they tried to avoid being hit by mortars on Saturday evacuees/PAGE 11

Wednesday | March 4, 2015

P15.00

Power coops in Muslim areas getting better

F

By MYRNA VELASCO, Contributor

servicing power utilities in that domain.

S o m e h ow, t h at w a s a turnaround from the continued swell of liabilities of these ECs with NPC – their dues placed at P3.4 billion in June 2013.

Three ECs in the so-called BASULTA (Basilan, Sulu and Tawi-tawi) areas were primarily recognized for the exceptional upturn in

collections from customers.

NPC president Gladys Cruz Sta- Rita expressed hope that the two other electric coops in the area “can further improve their payment performance to avoid more debts.”

The power firm further noted that the Siasi Electric Cooperative (SIASELCO in Sulu in particular “was cited for having sustained 1 0 0 - p e rc e nt c ol l e c t i on efficiency.”

Additionally, the Basilan Electric Cooperative and Cagayan de Sulu Electric Cooperative “were recognized for their enhanced current Power/PAGE 11

BY fast-tracking development in the war-torn Bangsamoro t h rou g h i n f r ast r u c tu re build-up and intensified delivery of social services,

the government sees faster and more effective way to rebuild the region from the damages of repeated conflicts rebuild/PAGE 11

ROM years of sluggish financial turnout, the electric cooperatives (ECs) servicing Muslim-dominated areas have logged improvements in their collection efficiency last year.

State-run National Power Corporation (NPC) reported that five electric cooperatives in the southernmost part of Mindanao had collectively remitted P401.661 million for power supplied to them.

That translated to 75.85-percent collection efficiency, according to NPC, which considered the rate a feat after years of problematic collections by

Fast-tracking dev’t seen as key to rebuild war-torn Mindanao

MisOr governor assures AFP-PNP collaboration

By CHENG ORDONEZ, Associate Editor

SCHOOL CHAIRS. A worker makes a school chair at the Tagum City Motorpool. The city government has made school chairs from seized illegal lumber instead of leaving them to rot. mindanews photo by ruby thursday more

MISAMIS Oriental Governor Yevgeny Vincente Emano jointly convened the Peace and Order Coordinative Council (POCC) and assured

the public of the government’s pro-active stance, yesterday, at the new Provincial Training Center, Capitol Compound, collab/PAGE 8

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Industrial peace council set plans for 2015 MALAYBALAY City -- The Department of Labor and E mpl oy me nt , R e g i ona l Office No. 10 (DOLE-10), Bukidnon Provincial Field Office convened the first meeting of the Bukidnon Tripartite Industrial Peace Council (BTIPC) this year on Februar y 5, 2015 in Malaybalay City, Bukidnon.

As a fresh start for the year, BTIPC scheduled plans ahead for the year to come.

The council wants to extend more their services to the whole province of Bukidnon.

This meeting was led by the BTIPC chairman, Raul L. Valmores together with the vice chairman, Lemuel L. Ferrer. The council discussed last year’s accomplishments and what the body attained

as well as the activities supported and schedules for this year.

One of the major plans of the committee is the upcoming election of the new set of officers which will lead the members for the next two years.

Majority decided to have an internal agreement with the body to suspend the monthly meeting which was stated in its Constitution and

By Laws to once in every two months due to hectic schedule of the DOLE-Bukidnon as the leading agency on this council and primarily the one who quorum the entire meeting.

The set have decided to have the assembly productive and infor mat ive to its

members by having a learning session depends on who and what is the individual’s preference.

Overall, the Government, Management and Labor sector offers in maintaining the service they could extend to the public by participating and assisting on whatever is the strategy through this circle.

BTIPC is an advisory and consultative body composed of representatives from the workers, management and government legally constituted for a common purpose. As a tripartite mechanism, it continuously work s tow ards g re ate r participation of sectors involved in the maintenance of industrial peace.

Monitoring, enforcement of Fair Trade Laws intensified MAMBAJAO, Camiguin -- Pro duc t supply and price monitoring of Basic Necessities, Prime Commodities and Product Standards has been regularly intensified by the Department of Trade and Industry (DTI) in the province of Camiguin.

Starting Februar y 2015, the monitoring and enforcement are no longer just focused on the capital town of Mambajao, stores around the island are monitored for Basic Necessities and Prime Commodities and Fair Trade Laws (FTLs) now expanding to the municipalities of Mahinog, Sagay, Catarman and Guinsiliban.

Prime Commodities are flour, canned pork and beef, instant noodles, vinegar, soy sauce and toilet soap while Basic Necessities include

3 malls to open in Cotabato City COTABATO City -- Three privately-owned malls are set to open this year in the city and building construction have started, officials said Tuesday.

The three malls are the Mall of Alnor, Puregold and

CityMall.

T h e Ma l l of A l n or, Puregold and the Superama Hypermart, a department store and supermarket, are set to open in May this year, according to Aniceto Rasalan, secretary to Mayor Japal

0935-160-0668 HERMILINO VILLALON

22nd/31st Naza reth, Cagayan de O ro Cit y

Guiani Jr. The City Mall, a Double Dragon Corporation Mall is expected to start operation late this year or early 2016.

It has started construction of building along Gov. Gutierrez Avenue, just beside the Metro Cotabato Water District office.

Rasalan said the opening of these commercial establishments will pave the way for an increase in employment level, tourism rate and will give a big boost in the city’s economy.

As the city’s economy grow, the city also expect criminality to rise thus the city government has designed

programs that will contain such social menace.

The local government is set to install the second phase of the CCTV cameras along strategic areas in the upper part of Cotabato City.

These cameras are believed to be very effective in crime prevention and identification of crime perpetrators.

According to the City Police, all 12 CCTV cameras that were installed in 2011 are still operational.

Twenty four more new h i g h d e f i n it i on C C T V c ame r as are s e t to b e installed in the city’s major thoroughfares as well as crime prone areas. (PNA)

canned sardines, processed milk, detergent and laundry soap, candles, salt, sugar and bread.

Aside from checking prices, the team is also che ck ing t he l ab els of products being sold to ensure that consumers are getting their money’s worth down to the last centavo.

Enforcement of FTLs include the enforcement of the Price Tag Law, Product Standards and ensure that products in the store shelves are not expired, among others.

Violations of the FTLs are punishable under the Consumer Act of the Philippines.

New rabies course launched at Asian rabies expert confab CAGAYAN DE ORO CITYRabies experts across South East Asia gather today for a two-day regional workshop in Bangkok, Thailand to d i s c u s s p l ans t o m ove towards the ASEAN goal of rabies elimination by 2020.

This meeting also marks the launch of a free online course, the Rabies Educator Certificate (REC) Global Alliance for Rabies C ont rol. The REC wi l l help individuals such as community educators and health workers who would like to learn about rabies and teach others to prevent rabies and reduce deaths in their communities.

One of the basic challenges of preventing human and animal deaths due to rabies, particularly in endemic countries in Asia and Africa is the lack of awareness among individuals about the need to keep their animals vaccinated, and to get themselves vaccinated if they are exposed to the virus.

“The myths and

ignorance that surround rabies are costing lives,” says GARC executive director, professor Louis Nel. “The REC arms educators in atrisk communities with the facts to prevent rabies and provides credibility and strength to their message. As we increase our efforts to set up regional rabies prevention networks to support national governments, the REC is one of the tools that will be used to help them eliminate rabies deaths in their countries.”

The REC is universally applicable, with the choice of working online or offline at the participant’s own pace, and provides a certificate to successful participants on completion of a final assessment. Apart from providing the facts about rabies prevention, it also gives advice and guidance on how to conduct community awareness events, helping to increase the effectiveness of rabies prevention education.

It is particularly valuable in areas where there are no government or NGO rabies awareness programs, enabling communities to protect themselves from this deadly disease.

Dr Wilfred Marissen of Crucell, the global vaccine company that supported the development of REC, added: “Prevention of disease is one of our main priorities.

We believe that GARC’s Rabies Educator Certificate Program will raise the level of awareness in communities thereby contributing to the prevention of rabies deaths.”

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Malaysia’s AirAsia grants fresh loan to PH unit THE Philippine unit of Southeast Asia’s largest budget carrier has secured a fresh loan from its parent firm in Malaysia.

In a disclosure to Bursa Malaysia, AirAsia Berhad said it has provided financial assistance to AirAsia Inc amounting to $22.34 million.

The fresh loan would be used “to facilitate the ordinary course of business of AirAsia Inc.” “The financial assistance provided does not have a mater i a l e f fe c t on t he share capital, shareholding structure or net assets of the company,” Malaysia’s AirAsia said.

Southeast Asia’s largest budget carrier in August last year provided an $18-million loan to support the operation of its Philippine unit, then followed this up with another $55 million last November.

Malaysia’s Air Asia through AA International owns 40 percent of Philippines’ AirAsia, while Filipinos Mar r iane Hontiveros, Michael Romero, Antonio Cojuangco and Alfredo Yao hold the remaining 60 percent.

A i r As i a P h i l ippi n e s recorded a net loss of 19.3 million Malaysian ringgit in the fourth quarter of last year from 24.8 million in the

same period the previous year.

Despite the losses, AirAsia Berhard said Air Asia Philippines “remains on track with its turnaround plan, which is currently being implemented, to improve both yields and load factors.”

To r e c a l l , A i r A s i a Philippines secured the Securities and Exchange Commission’s (SEC) consent to acquire 100 percent of Zest Airways Inc. In December last year, the Senate Committee on Public Services approved the sale of Zest Airways to AirAsia Philippines. The House Committee on Franchise also

PLDT projects modest growth forecast after 2014 profit slips PHILIPPINE Long Distance Telephone Company (PLDT) expects modest growth for 2015 after last year’s earnings shrank.

In a report, the country’s largest telecom company said its net income fell by 4 percent to P34.1 billion last year from P35.4 billion in 2013. In the fourth quarter alone, earnings dropped 5 percent to P6.13 billion from the previous year’s P6.47 billion.

Core profit, which excludes foreign exchange gains or losses and other non-recurring income, fell by 3 percent to P37.4 billion in 2014 from P38.7 billion the year before. In the fourth quarter alone, core profit was down 11 percent to P8.85 billion from P9.93 billion previously.

Consolidated ser vice revenues inched up 1 percent to P165.02 billion last year from P164.05 billion in 2013.

In the fourth quarter alone, PLDT’s top line slipped 1 percent to P42.02 billion from P42.45 billion the year before.

“Our 2014 performance reflects the combined effect of the intense domestic

competitive situation and the changing global landscape – where OTT players are disintermediating the traditional telcos, and data services and social media are overtaking legacy services,” PLDT chairman Manuel V. Pangilinan said, referring to over-the-top services. “ Ta k i n g t h e s e i n t o consideration as we chart our future growth, PLDT recognizes the need to complement its present business by participating in the digital world beyond providing access and connectivity,” he said.

“While we can maximize our strengths as an infrastructure company, we also need to act as a mediator/enabler, as well as a service provider. To this end, we are focusing on adjacent businesses which have links to or which have the ability to enhance our access business. Some of these areas we are already well entrenched in mobile remittances and payments for one – and in others, we are just getting our feet wet,” Pangilinan said.

PLDT last year invested in Germany’s Rocket Internet,

which has created a suite of online e-commerce platforms such as Lazada and Zalora.

Rocket and PLDT have formed a new company that will tap Smart’s expertise in mobile payments.

For this year, PLDT set its earnings guidance at P35 billion, citing “higher depre ciat ion costs and financing charges, along with ongoing efforts to defend our market share.” The company has set aside a P39 billion capital outlay for this year.

Despite a challenging year, Pangilinan sees “brighter prospects for PLDT” after 2015.

The PLDT Group closed 2014 with a cellular subscriber base of 69.9 million, broken down as follows: Smart, 25.9 million; Talk ‘N Text, 28.1 million; and Sun Cellular, 15.8 million.

The group’s combined postpaid cellular subscriber base grew by over 387,000 from the end of 2013 to just under 2.8 million last year, while the combined prepaid base stood at 67.1 million.

Its combined broadband subscriber base crossed the 4-million mark at the end of pldt/PAGE 11

gave its consent in February of last year.

Under Republic Act No. 9183, any change in a carrier’s ownership has to be approved by Congress.

AirAsia Philippines is now seeking approval from the Civil Aeronautics Board and the Civil Aviation Authority of the Philippines.

AirAsia Zest and AirAsia Philippines operate a combined fleet of 15 aircraft, servicing domestic destinations such as Kalibo (Boracay), Puerto Princesa ( Pa l aw a n ) , Ta g b i l a r a n (Bohol), Cebu and Tacloban.

Its international destinations include China and Korea.

GSIS set to release terms of public auction of thrift bank STATE-run GSIS aims to sell its thrift bank within the first half of the year.

“I think we are mobilizing a possible auction of our bank. Sometime in the next couple of days we might be publishing invitations to bid,” Robert Vergara, Government Service Insurance System p r e s i d e nt a n d g e n e r a l manager, said.

The state pension fund early this year secured the lifting of a court injunction on the sale of GSIS Family B ank that its founding owners, the Dragon family of Cavite, had petitioned for.

“We’ll see if we can finally conclude the sale and put the bank in the solid hands of an investor that really wants to be a participant player in local banking,” Vergara said.

“We need to do it within three months, so that’s just before the first half of the year ends,” he said.

With the court injunction lifted, the Bangko Sentral ng Pi lipinas (BSP) has reinstated the incentives of GSIS Family Bank to make gsis/PAGE 11

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Emergency powers to cope with energy shortage?

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T

Switching Price Tags?

hink a minute…

Im ag i ne you are i n a store and you see a big ne w tele v ision for on ly $1. You lo ok at a t-shir t and the price on it is $ 1 , 0 0 0 . Ne x t t o i t i s a brand new motorbike that costs on ly $3. Wou ldn’t you wonder if s ome one had sneaked into the store and changed all the price tags? What you thought was very valuable is now not ver y valuable at a l l.

Hav e y ou e v e r g on e t h ro u g h a p a i n f u l l o s s or frightening crisis that turned everything in your life upside down? Maybe the doctor told you t hat you have a s er ious, life-t hre atening i l lness.

S ome one you love die d in an accident. Suddenly almost everything in your life was reshuf f le d and changed. Those things t h at s e e m e d i mp or t ant and to ok much of your t ime b efore now me ant nothing to you. And the t hings t hat you to ok for granted and hardly even noticed now became the most important things to you. It was like someone came and switched all the pr ice t ags in your life.

S a d l y, t h e s e p a i n f u l losses and problems in life are s omet imes t he on ly things that wake us up to see what’s truly important

THINK

A Minute

By Jhan Tiafau Hurst

i n l i f e . Un f o r t u n a t e l y for many of us, it’s on ly w h e n t h e pro b l e m a n d storm hits that we begin to underst and t here are on ly 2 t hings t hat re a l ly matter : our Ma ker and people. Life is short.

Often shorter than we expect! And hopefully b efore it’s over we le ar n how va lu able e ver y d ay is. E ach d ay is just one more g if t f rom G o d. S o we need to start spending w hat litt le t ime we have lef t on gett ing clos e to Him and the people He’s g iven to us to share our l i v e s w i t h . T h at i s t h e only way we can have no fears or regrets when we die. Some of us are scared and don’t want to t hin k of d y i ng b e c au s e w e’re n ot su re i f we’re re a dy t o f a c e ou r Ma k e r a n d Judge.

Thin k a Minute…

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Allan Mediante

D

ue to increasing demand for more electricity, several areas in the country would be experienci ng sever power shortages. A study saus even Luzon would not be spared from lack of power supply.

Reports said the administration would be invoking emergency powers to solve the problems. But the Philippine Chamber of Commerce and Industry (PCCI) the national government need only to work with the private sector in s olving t he lo oming power shortage, and stressed that declaring a national emergency based on present circumstances is not needed.

PCCI views with “serious concern” the expected power

supply shortfall in Luzon in 2015-2016, as well as a similar potential shortfall in the Visayas and the ongoing shortage in Mindanao.

Thes e de velopments are “definitely a deafening sound for action, but the government need not raise the panic button that may scare the public.

We agree with PCCI that the power supply challenge has been going on for the last four or five years but it is no longer a surprise.

The situation has of late escalated into brownouts in Luzon, thus stakeholders

should “act in unison” to address the issue.

PC C I pi np oi nt s t wo “distinct critical periods” i n t h e p ow e r s h or t a ge situation that need to be addressed: the 2015-2016 period and the post-2016 period. “The first has to be confronted with basic ‘stop-gap’ or ‘band-aiding’ measures… meaning any steps t a ken to c ure, to bridge or aid the gap would be acceptable to all,” it explained. “ There is no need to declare a national emergency.”

After 2016, however,

The Battle Will Continue

I

f one focus on European politics nowadays, one has to look to Greece daily. Strong words came up again from the Greek Prime Minister Tsipras who has told his party, he won’t back down in his “battle with country’s creditors.

Germany’s government approved extending the aid program for the EU’s most complicated emergenc y case. But the Greek bailout is not just about money, s ays not on ly G er man TV-commentator Marcel Fürstenau.

Of course, when push comes to shove, you can rely on Wolfgang Schäuble - even if the German finance minister was a cause for irritation just a week ago when he dismissed as halfbaked the Greek government’s ideas on how to solve the debt crisis. By doing so, he showed Athens “who is boss

L

editorial

vesting the President with emergency powers may be considered-but only on the condition that there is “a solid plan” crafted with industry stakeholders.

“The second is different because it must be addressed by way of a well-laid out plan that is shared with all stakeholders and which government could smoothly and competently implement through the grant of emergency powers to the President, if the plan would warrant the declaration of a state of emergency.”

Wi t h o ut a w e l l - l a i d plan behind it, declaring a state of emergency would be dangerous and could e ve ntu a l ly b e c ou nt e rproductive .

in Europe”, namely Berlin. But he also snubbed the partners in other EU capitals, who feel passed over, and rightly so.

In the end, everyone gathered in Brussels and agreed on a face-saving compromise: more time for ailing Greece, but no new medicine in the form of additional billion-euro loans by the EU, ECB European C entral Bank and IMF International Monetary Fund.

Bearing that in mind, it was logical that in the Bundestag, Schäuble fervently advocated an extension of the Greek bailout. People may accuse the Christian Democrat of overdoing his austerity course at home and abroad while tolerating social upheaval and dilapidated infrastructures - but Schäuble is a European by conviction who is seriously concerned about a wonderful project that was launched as the

European Coal and Steel Community in 1951. And not only he. Count me in, though I am living in the Philippines for good now.

And, this is why the politician, born during World War II and with the experience of 43 years in parliament under his belt, comes up with sentences like this: “Solidarity has s om e t h i ng to d o w it h reliability.”

If anyone else had said those words, they would have sounded like a set phrase, but from the mouth of Wolfgang Schäuble, they are nothing short of a commitment. He is convinced that the union of 28, 19 of whom share a common currency, only faces a promising future “if we Europeans stand united.”

Schäuble and his opponents in and outside of parliament don’t see eye to eye on how to go about

H ave M y Say

By Klaus Doring

the task. With his pensively uttered “yes” to reforming G r e e k a i d , G e r m a ny ’s supreme treasurer defied all the populists. Propagandists can be found everywhere: among politicians, in the media and in the streets.

The new socialist-led government in Greece, which depends on backing from a right wing fringe party, is democratically legitimized.

We can’t forget this fact. The doring/PAGE 8

Malacañang going mad over Mamasapano

IFE’S INSPIRATIONS: “…To the Jews who had believed him, Jesus said, `If you hold to my teaching, you are really my disciples. Then you will know the truth, and the truth will set you free’…”

(Jesus Christ, our God and Savior, in John 8:31-32, the Holy Bible).

-ooo MALACANANG GOING MAD OVER MAMASAPANO: Truly, there is nothing that is truer (or, maybe, more true) than the saying “whom the gods wish to destroy, they first make them mad.” And that is what appears to be happening to Malacanang right now, in connection with its frenzied efforts to take any blame away from President Aquino for the brutal killing of 44 officers and men of the Special Action Force in Mamasapano, Maguindanao.

First, when this incident first broke out, President Aquino and the entire

propaganda machinery of the Office of the President lost no time in defending and taking up the cudgels for the conceded long-running best friend of the Chief Executive, former Philippine National Police chief Gen. Alan Purisima, to absolve the police official of any liability for the Mamasapano operation.

Yet, when it appeared all too clear that the President can be held liable for the killing of the SAF commandos because he entrusted the execution of the Mamasapano operation to Purisima, Malacanang made an unthinkable 360-degree turn around by recanting its support for the President’s once most-trusted ally and, without any remorse or compunction and without any regard for their past long-standing friendship, is even directly accusing him now of lying.

-ooo PNOY OF F IC IA L S

TO BLAME FOR M A M A S A PA N O : PURISIMA: Faced with this predicament of his oncetotally-loyal friend and benefactor now trying to pin him down so that he himself can escape retribution, a totally-bewildered Purisima could have done nothing better than to chose to do the next best thing for him: come out openly and refute the President’s accusation that he, Purisima, lied and that, if anyone is to be blamed for the Mamasapano fiasco, it should be the President’s security officials.

In a statement released by his lawyer, General Purisima clarified that he was not remiss in informing the President as early as 5 a.m. or so on January 25, 2015, that the SAF operatives who were sent to Mamasapano to arrest or kill terrorist Zulkifli bin Hir or Marwan, were already engaged in fighting the enemy.

K akampi

Mo A ng Batas

By Atty. Batas Mauricio

Purisima explained, in so many words in his statement, that the President’s security officials, which included Local Government Secretary Mar Roxas, Defense Secretary Voltaire Gazmin, AFP Chief of Staff Gen. Gregorio Catapang and PNP OIC chief Gen. Leonardo Espina, should have be the ones that must be blamed if the SAF troopers were massacred en masse because, at that time, they were already in contact with batas/PAGE 8

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Senate seeks to replace 45-year old Pharmacy Law The Senate passed on third and final reading Senate Bill No. 2436 or the Philippine Pharmacy Act of 2014 which aims to regulate the practice of phar mac y, integ rate the pharmacy profession, and enhance professional competence through m a n d at o r y c o nt i nu i n g development and research.

Senator Antonio Trillanes IV, sponsor of the measure, said the proposed measure will replace the outdated Pharmacy Law (Republic Act No. 5921) to standardize pharmacy education, and regulate the registration and licensing of pharmacy graduates.

“Advances in science and technology, particularly changes in the health sector platform, coupled with the rapid expansion of the global economy, have made the 45-year old Pharmacy Law outdated, if not obsolete,” Trillanes said.

“It is imperative that we up d ate t his l aw to keep the practice of the profession abreast with these developments and to make it relevant to how it is practiced in the country,” he added.

Senate President Franklin M. Drilon said that the measure was part of efforts to modernize and improve the capacities of different key industries such as the

health service, business and agriculture sectors, in light of new challenges faced by the country such as the ASEAN integration slated to begin this year.

“We need to ensure that important sectors like the pharmaceutical industry, which directly affect the lives of our countrymen, are not being left behind by their regional and international counterparts in adopting the latest structural innovations and systems that will allow them to provide better services and products,” Drilon said.

Trillanes, chairman of the Committee on Civil Service and Government Reorganization, said that the bill was intended to equip the pharmacists with the “necessary tools to further improve and maintain our vibrant pharmaceutical industr y and provide them with the necessary competitive edge to be able to compete in the international arena.”

Tr i l l a n e s s a i d t h e proposed legislation calls for the establishment of a Professional Regulator y Board of Pharmacy. Under the measure, he said, pharmacists in government service shall receive a starting salary equivalent to Salary Grade law/PAGE 8

5

NGCP completes Mindanao Backbone Transmission Project T h e c o u n t r y ’s s o l e transmission ser vice provider, NGCP, completed the last component of its Mindanao transmission b ackb one proj e c t w it h the energization of the 230-kiloVolt (kV) AbagaKirahon line.

Spanning 122 kilometers, the line crosses the provinces

of Lanao del Norte, Misamis Oriental, and Bukidnon, including the major cities of Iligan and Cagayan de Oro. The line was energized in the afternoon of January 11 and commercially loaded on the same day.

NGCP President and CEO Henry Sy, Jr. confirmed the energization of the line which

will strengthen the existing transmission backbone of the island, particularly reinforcing the link between the transmission lines and t he p ower plant, Agus Hydro Complex. “NGCP is very pleased with this accomplishment. We are not only able to fortify our lines and ensure reliable access

to the Agus Complex, but also provide contingency measures when needed. Our customers in Mindanao can be assured that NGCP is continuously looking for opportunities to further enhance the safety and reliability of the island’s transmission network,” Mr. Sy stated.

Iligan chamber holds induction of officers

By Lorry V. Gabule

ILIGAN CIT Y (PIA)— Iligan Bay Chamber of Industries (IBCI) newlyelected president Steve SC Pangilinan and other officers took their oath recently.

Thirteen current membercompanies of the chamber and invited guests, witnessed the induction rites officiated by their guest speaker for the evening Edwin Ll. Umali, president, chief of operations and director of Mabuhay Vinyl Corporation (MVC), at Zoey’s Café, Iligan City last month.

This year’s set of officers include: president, Steve SC Pang i linan (MVC); vice president, Bobby R. Garza (HOLCIM), secretary, Eduardito C. Maruhom (MSU-IIT); treasurer, Evelyn

T. Gerodias (Petronas); auditor, Ruben B. Ramilo (Mapalad Power Corp); PIO, Yvette Lynn P. Tingcang (Lafarge); immediate past president, Adrian R. Payumo (Lafarge); board of directors, Sukarno D. Tanggol (MSUIIT), Roger C. Omongos (Granex), Florencio D. Sebandal (PILMICO), Ralph B. Casiño (ILPI), and Carlos P. Corpuz (Petronas).

Capping Pangilinan’s inaugural address is this year’s theme, “Leading to a sustainable partnership for business growth amidst the challenges.”

He s a i d t h e I l i g a n chamber has to extend its membership to other companies or institutions, to strengthen further the

organization. Pangilinan is the concurrent assistant vicepresident for manufacturing operations of Mabuhay Vinyl Corporation, Iligan City.

“Wit h regards to our individual business operation, we are all aware of the challenges we are facing, there are common concerns that we can support each other like the power shortage in Mindanao, this problem will impact us directly, an imminent threat to our business, but rather, we hope that IBCI will be part of the solution in whatever way IBCI can extend help to our colleagues. Together we can come up with a better approach to this common concern and to other issues for that matter, come up with plans and programs to better implement our

responsibility,” Pangilinan stated.

Guest speaker Edwin Ll. Umali pointed out three core messages on leadership; sustainable partnership; and challenges. As a leader, he is able to do, inspired (to breath) and innovative; to sustain partnership is provide best service to the members for business growth, transformation to collective action, gearing to inclusive growth to sustainable growth; and challenges mean to keep IBCI growing (safety network), having persons with integrity, its desired acts demonstrated for the past years can make things happen. Thus, ‘let us continue to reflect on the theme, but let us not limit it as a concept,” said Umali. chamber/PAGE 8

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Community

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HARMONIOUS RELATIONSHIP.

Misamis Oriental Governor Yevgeny Vincente B. Emano speaks to participants from different government agencies and business sectors during the 1st Misamis Oriental Networking and Collaboration Forum on February 27. The forum aims to strengthen the relationship among the provincial government, government agencies and the business sectors and further to come up with concrete ideas for a more developed and progressive Misamis Oriental.

DSWD expands age coverage for social pension

C

AGAYAN DE ORO CIT Y -- Indigent s e n i or c it i z e n s a g e d 65 years old and above are now qu a lif ie d to receive stipend from the Department of Social Welfare and Development (DSWD).

DSWD regional director Atty. Araceli

F. S olami l lo re cent ly announced that because of this effect, more than 39,000 indigent senior citizens in the region will now be receiving P500.00 from the DSWD on a monthly basis for their needs such as medicines.

The DSWD however e mp h a s i z e s t h at t h e

Social Pension Program is intended for those senior citizens who are considered indigent based on the National Hous ehold Target ing System of the DSWD, and/or those who are not beneficiaries of any social insurances such as Social Security System (SSS)

and Government Service Insurance System (GSIS).

Senior citizens or their family relatives may visit their local social welfare and development offices on how to avail of the stipend.

Hav i n g h e a rd t h e concerns of the public that the stipend is very

minimal, Solamillo explains that the budget appropriated for the said program is very minimal and that the DSWD is continuously lobbying with the congress to increase the agenc y’s budget so that stipends for its beneficiaries will also increase, and that more

indigent senior citizens will also be covered.

The Social Pension is one of the provisions under Section 5 of Republic Act 9994 otherwise known as the “Expanded Senior Citizen Act of 2010.”(Charmaine Suzette Leonore P. Tadlas/ DSWD/PIA10)

Bukidnon SPES Implementers set for CY 2015

PhilHealth-Bukidnon holds media orientation on new PhilHealth policies and programs including Mandatory PhilHealth Coverage for Senior Citizens, Anti-Red Tape Law, Patients' Rights, Point of Care Enrollment, Maternity & Newborn Care Packages, among others.

(Bernadith S. Gempisao, Malaybalay City Govt/RLRB, PIA 10, Bukidnon)

MALAYBALAY CIT Y -The Department of Labor and Employment, Regional Office No. 10 (DOLE-10), Bukidnon Provincial Field Office invited all the SPES implementers from its various municipalities on February 12, 2015 for an orientation of the new forms and scheme of payment of the Special Program for Employment of Students (SPES) program at the Sugar Workers Learning Training Center (SWLTC), DOLE Office, Malaybalay City, Bukidnon.

SPES is a regular program of Department of Labor and Employment in coordination of its keen implementers.

This aims to assist poor but deserving students to find employment during summer and/or Christmas

vacation for secondary level and throughout the year for tertiary and technical or vocational levels. DOLE pays the 40% thru educational voucher of the salary while the 60% is shouldered by the employers.

The program has been supporting students throughout their journey in pursuing their education. For the convenience and to speed up the processing in releasing specified documents, there are few changes which were

done accordingly. New forms were introduced and were individually accord.

Raul L. Valmores, DOLE-X, Bukidnon provincial head inspired the implementers to work hand-in-hand with SPES/PAGE 8

Kapatagan town hosts rural impact sourcing confab K A PATA G A N , L a n a o del Norte -- More than 300 participants attended the f irst leg of Impact Sourcing Workshops in the Municipality of Kapatagan, this province, Feb 20.

The workshop composed of students, college graduates, out-of-school youth, Department of Education (DepEd) administrators and information technology (IT) coordinators, industry

partners, academe, investors, government agencies and online workers.

It a i m s t o e d u c a t e Kapatagan residents on economic opportunities that can be obtained through home based online jobs.

The workshop featured talks from two online job and training platforms: Freelancer.ph and Online Jo b s Un i ve r s it y. L o c a l leaders of the Northern

Mindanao ICT scene also discussed topics relevant to Rural Impact Sourcing and IC T ( i n for mat i on , communication, technology) for development.

The workshop concluded with the awarding of training programs from Online Jobs University to two participants.

The activity is in c o o r d i n at i o n w i t h t h e Department of Science and confab/PAGE 8

SP INQUIRY ON TRANSPORT FARE VICE GOVERNOR JOEY G. PELAEZ invites Land Transportation Franchising and Regulatory Board (LTFRB) Regional Director Mandangan P. Darimbang (far right, standing) and Assistant Regional Director Allan D. Guro (not in the picture) to the 7th Regular Session of the Sangguniang Panlalawigan to inquire on the effects of the rollback of oil prices to the commuters of Misamis Oriental. RD Darimbang explained that the LTFRB 10 is now implementing a PhP 7.00 minimum fare and PhP 5.50 discounted fare for students and senior citizens on public jeepneys per LTFRB Order No. 15-0350 dated January 20, 2015.

RD Darimbang further explained that the LTFRB has already acted on a petition for a PhP 10.00 discount on taxis. Lately, a series of rollbacks in the prices of petroleum products were fully enjoyed by the transport companies in the country and it is Vice Governor Pelaez’s position that this should also be enjoyed by the people of Misamis Oriental.

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Feature:

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Aussie loves PHL for its people, scenery, food

By John Mark Escandor

EVERY time Australian Steven Wilkinson, 34, wakes up on a clear day, he is greeted by a dreamy scenery of the Mayon Volcano across the waters of Lagonoy Gulf which, for him, is unparalleled anywhere else in the world.

Three things made Wilkinson decide to stay in the country: the people, who he found to be “friendly, nice, and welcoming”; the scenery in which the Philippines has bountiful and “so beautiful”, and the food like Bicol Express, sisig, lechon and chicken dishes.

He has been staying in the Philippines, particularly in this coastal town, for a year and a half with his wife Aiza who he married three years ago.

Aiza’s mother is from here while his father is from Germany.

Wilkinson had lived in Queensland since he was two years old, until he decided to come here after his German father-in-law, Alfred Zeh, kidded him while drinking beer more than two years ago to open a resort in his beachfront property here.

“After a while, I was thinking about it and told him I like to invest as well.

We came up with this idea (resort) and I moved here for six months to see if I could live in the Philippines, and after three weeks, I fell in love with the place and I never wanna go home. I absolutely love the Philippines,” he

mused.

The Filipino way of family celebration just amazes Wilkinson no end with dozens or hundreds of kin attending and staying for long hours singing on the videoke or chatting endlessly.

“In Australia, family occasions are just limited to small number of kin and the kids will stay in one corner and the dads and moms in the other side, while here everyone is just so close to one another other,” Wilkinson observed.

He admires the way Filipino family members help one another wherein siblings would support one another to improve their lives, like the more successful ones would usually assist those who have lesser in life.

Wilkinson says Australian families are not like that, and the rich ones in the family do not really care what the other siblings have achieved in their lives.

“Filipinos go abroad and make money but they don’t keep that to themselves alone but to help their families,” he said.

Filipinos’ lots of respect to their elders like kissing their hands and helping them in their old age did not escape Wilkinson’s attention and appreciation of the local culture.

“Your family is everything,” he stressed.

On how the Filipinos speak the English language, he said

Are electric vehicles now the future of Filipino transportation?

By Lily O Ramos

ARE ele c t r ic j e epne ys, electric tricycles and electric bikes that do not emit air p ol lut ion w h i l e g iv ing comfort and style to riders the future Filipino transport mode?

Manufacture of such wonderful transportation with such goal that’s favorable to the environment, climate, people and living things is becoming a robust industry that should be of help to the country’s economy.

Wh i l e on ly Ma k at i, Mandaluyong and Alabang and some parts of Quezon city are implementing the use of EVs now,the EVAP or Electric Vehicle Association of the Philippines say that even if they are yet far from a million count, they will make it in 2020 if they get enough support from the public and the government sector as well.

Other countries like the US , China, Monaco, Ireland, Canada and the United Kingdom are now f a st - t r a ck i ng t he i r EV program and so are several

countries in Europe such as Netherlands, the Czech Republic, Denmark, Greece, Iceland, Norway, Sweden are up on the bench.

The Philippines should become the hub of EV industry in Asia if it gets every stakeholder to cooperate in expanding the program Who would not appreciate traveling several miles and fill up with electricity only after an eight-hour travel on the road?

An EV jeepney would likely save 40 per cent of fuel budget with electricity than that of the normal gas up, says EVAP. What’s more, a healthy electric vehicle industry will generate around 10,000 jobs including the upstream and downstream industries.

An estimated additional Php 6 8 9 . 5 2 m i l l i on i n withholding tax will be collected within four years and a multiplier effect on generated sales is estimated to be five times or Php 167 billion if the industry prospers. (PNA)

they are very American in the way they pronounce words but the most understood than other Asians like Thais and Chinese.

Staying here for good and pursuing the resort project here he co-invested with his wife’s family, Wilkinson has already done great improvements in the fourhectare beachfront which was named “Fort Albert” in honor of his father-in-law.

To payback for the nice things he gets from building

the Fort Albert, he and Aiza has been coordinating with the local Catholic Church here to undertake gift-giving activities for 150 families for two Christmas seasons now.

They give food packs to indigent families in Barangay Sabang and toys to their children, and to make the occasion more fun, he dresses himself as a Superman riding a carabao and throwing “lollies” to the children around, Back in Australia, he

worked 12 hours a day for 21 days in a month in construction and mining projects to save for the development of Fort Albert, which has now rooms that can accommodate 80 guests in a given time, a convention hall for 400 people and two swimming pools for adults and children.

Wilkinson sees bright pro s p e c t s f or t ou r i s m industry here that, he said, will “explode” in the coming years.

Fort Albert, Wilkinson said, caters to local tourists composing 80 percent of their guests and foreign tourists, 20 percent.

He s ai d t he i r pl a c e serves as a half-way place to Caramoan which is an hour and a half by boat and it is also about 50 minutes to Catanduanes for tourists interested in surfing.

San Jose Mayor Antonio Chavez recognizes Fort Albert as a pioneering project that feature/PAGE 8

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Iloilo steps up campaign against plastic bags use

All business establishments and ambulant vendors operating in this city are enjoined not to use plastic bags anymore as wrappers of goods.

The implementing rules and regulations (IRR) of city Regulation Ordinance No. 2013403 or the Non-biodegradable Plastic Shopping Bag Ordinance is already out to firm up the campaign against the use of plastic bags in order to protect the environment and people’s welfare.

Main proponent city councilor Nielex Tupas said the ordinance was conceived in 2013 for gradual implementation in four years starting 2014 to 2017 and onwards. The IRR shall take effect immediately.

The schedule of prohibition for the use of non-biodegradable plastic bags are every Monday in 2014, every Monday and Tuesday for 2015, every Monday, Tuesday and Wednesday for 2016 and all days of the week for 2017 and onwards.

Business establishments include sari-sari stores, market vendors, hawkers or bolanteros, supermarkets, department stores and malls, groceries or restaurants, canteens, fast food chains, bakeries, coffee houses, hotels, catering services and other establishments of similar nature that use plastic bags as packing materials as a result of the sale.

Ambulant, itinerant or intermittent vendors are those with no fixed place of business

in the city and who go around selling the goods.

These establishments and vendors are prohibited from using non-biodegradable plastic bags like those known as “sando” bags, carry-out bags, pouches, plastic shopping bags and plastic film used in containing and transporting goods and other products.

Tupas said there are exemptions to the rule and the items may be packed in plastic bags with no handles, holes

or strings commonly used as primary packaging or wrapping provided these do not exceed 8 inches in width and 12 inches in length in its unexpanded form.

These may be used for food items with liquid consistency including hot or cold cooked food such as those sold in restaurants, carinderias, eateries and the like; and items such as flour, sugar, coffee, oil, soy sauce, vinegar, ice, ice candy and the like.

The city environment and natural resources office will

closely monitor and provide technical assistance as well as in issuing citation ticket to violators who will pay the fine at the city treasurer’s office.

The penalties are P500 and confiscation of plastic bags for the first offense; P700 fine, confiscation of plastic bags and suspension of business permit for a period of one week for the second offense; and P1,000 fine, confiscation of plastic bags and cancellation of business permit for the third offense. (PNA)

Collab...

its full support and collaboration with the Armed Forces of the Philippines (AFP) in maintaining peace and order in the province.

The assurance came from police senior superintendent Archival Diokno Macala, acting provincial director of the Misamis Occidental Provincial Police Office (MOPPO), during a Joint Peace and Security Coordinating Center (JPSCC) Conference of the PNP and AFP, held at the MOPPO Headquarters in the city, recently.

The AFP was represented

by Col. Jesus A. Mananquil, Jr., the newly installed brigade commander of the 101st Infantry Brigade (101Bde), 1st Infantry Division, (1ID) and lieutenant colonel Gerry M. Besana, battalion commander of the 55th Infantry “Vigilant” Battalion (55IB), both of the Philippine Army.

Macala expressed his sincere appreciation to the conduct of successful and significant undertaking of bringing altogether as one, the key players in the pursuit of maintaining peace and order and the delivery of public safety services for a safer and stable community that is free from fear and violence. (With a report from PIA-10)

next few days. If he has any sense of truth and fairness left in him at this point, the only honorable way for him now is to tell the people the truth about the Mamasapano Marwan operation. Indeed, the truth shall set us all free!

-ooo REACTIONS? Please call me at +63 917 984 24 68, +63 918 574 0193, +63 922 833 43 96, or Skype (batasmauricio), Viber (+63 918 574 0193) and Line (+63 917 984 24 68).

Email: batasmauricio@yahoo. com, melaniolazomauriciojr@ outlook.com, mmauriciojr111@ gmail.com.

-30-

Law...

Chamber...

for their tuitions fee.” (Reyna L. Tagailo/DOLE-X Bukidnon Provincial Field Office)

15 under Republic Act No. 6758 or the Compensation and Position Classification Act of 1989. Those in the private sector, will receive an entry-level salary equivalent to at least 35 percent above the prevailing minimum wage in the National Capital Region.

The Philippine Pharmacy Act of 2014 also sought to integrate pharmacists under one nationally accredited professional organization, according to Trillanes.

He said one provision of the bill was to provide for a foreign reciprocity to allow a foreignregistered pharmacist to practice in the country, provided that his/her country of origin allows Filipino pharmacists to practice within its territorial limits.

“The enactment of this measure is intended to complement the talent and competence of our professional pharmacists by providing them with an updated regulatory framework. This bill seeks to repeal Republic Act No. 5921 with a new law that is responsive to the current needs and practice of our professional pharmacists,” Trillanes said.

(APPLE BUENAVENTURA, PRIB)

IBCI is an organization of manufacturing, processing, and service utility companies in Iligan established in 1966 with 13 current members.

Member-companies composed of PLDT-MARATEL, Lafarge Iligan, HOLCIM of Lugait, PILMICO Foods, Granexport Manufacturing, Newtech Pulp, Iligan Light and Power, Inc (ILPI), IMASCO, Mabuhay Vinyl, MSUIIT, Petronas Energy, Mapalad Power and Mapalad Energy Generation.This organization also is an affiliate of the Makati Business Club. (LVG/PIA-10 LDN)

from page 1

here, in the light of the volatile situation in Mindanao.

The joint POCC was attended by military’s top officials led by MGen. Oscar Lactao, 4th Infantry Division commander, Col. Jesse Alvarez, commanding officer of the 403rd IB, and Lt. Col. Jose Eriel Niembra, commanding officer of the 58th IB. The police was represented

by P/SSupt. Aurelio Trampe, deputy chief of Police Regional Office in Region 10 (PRO-10), and P/SSupt. Leonilo Cabug, provincial director of PPOMisamis Oriental.

Both the military and the police gave the civilian authorities briefing on the current peace and order situation in the province during a closed-door conference.

At the succeeding press conference, Gov. Emano said he has convened the council to prepare for any eventuality that may result from the non- passage of the Bangsamoro Basic Law (BBL) and the operation against the Bangsamoro Islamic Freedom Fighters (BIFF).

In particular, Gov. Emano pointed out the necessary monitoring and stepping up of security measures in the province’s entry and exit points via the Macalahay Bay, the neighboring Bukidnon province, and the towns of Magsaysay, Lugait and Talakag.

Meanwhile, MGen. Lactao has denied that the BIFF has any influenced over the Province of Bukidnon, as claimed by the BIFF. MGen. Last expressed optimism though that the non-passage of the BBL will immediately mean war and chaos.

“Let us wait for things to unfold,” even as Lactao said that the military is ready to augment the police in the face of atrocities and sabotage within the city.

Also at the conference were Misamis Oriental Vice Governor Joey Pelaez and Edward Bhagwani, provincial director of the Department of the Interior and Local Government.

For its part, the police confirmed to have received reports of bomb threats, but have no confirmation of their veracity.

SSupt. Cabug said they are organizing police marshals to board buses plying the province to provide security to commuters.

The police marshals will be launched next week.

In Misamis Occidental, the police has assured the public of

Batas...

from page 4 military and police ground commanders who knew what was happening.

-ooo PURISIMA MUST NOW TELL THE TRUTH: Obviously, President Aquino and the entire Office of the President, including Aquino’s defense and police authorities, did not like Purisima’s clarifications and counter-accusations that they were the ones to blame if there was a great number of casualties on government side on January 25, 2015. So, they have launched a campaign not only to discredit Purisima now, but to make him the escape goat in all these.

This is of course crazy and those pushing it must have gone mad. By hitting Purisima and putting the sole blame for the Mamasapano debacle on him, they are not just putting him on the spot. They are in fact compelling him to fight back, with the only weapon that could really clear him: the truth about who ordered the Mamapasano operation, and who actually directed it all throughout.

I am therefore expecting Purisima to come clean over this unfortunate incident in our nation’s history in the

Doring... from page 4

German finance minister with his European bent of mind explicitly honored the Greek vote, tying it in with his key statement, “Solidarity has something to do with reliability.”

That is true for Greece as much as for the EU’s other 27 member states. +++ Email: doringklaus@gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot. com orwww.klausdoringclassicalmusic.blogspot.com.

from page 5

from page 5

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 41 Cagayan de Oro City PETITION FOR EXTRA JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE UNDER4 ACT 3135 AS AMENDED BY ACT 4118 HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig), Petitioner, RANDY M. LAGMAN, Respondent. x------------------------------------------/

EJF NO. 2014-317

FOR: EXTRA-JUDICIAL FORECLOSURE REAL ESTATE MORTGAGE

SPES... from page 6

the involving body to serve and help the beneficiaries.

Meanwhile, Pedrito Maganding, PESO manager on the Municipality of Impasug-ong, appreciates the new scheme as he says, “SPES is already a regular program of DOLE and in our municipality and students are looking forward of its assistance. I am glad that the implementation of the new scheme will be pursued, for the 40% salary will be in form of educational voucher and it would serve as payment

Confab... from page 6

Technology (DOST)-ICT Office in partnership with the local government of Kapatagan and the provincial government of Lanao del Norte.

Kapatagan is a first-class municipality with farming as main source of livelihood but our town boasts its economy progressively with digitallyinclined citizens, said mayor Benjie Y. Baguio.

We prioritized projects like ICT, develop our youth through e-commerce, with employment online, mayor Baguio added.

(Pau/LGU Kapatagan/LVG/ PIA-10 LDN)

Feature... from page 7

improves the tourism industry of this fourth- class town with a population of more than 40,000 in 29 barangays.

He said the municipal government is also mobilizing barangay officials to be informed and skilled in handling tourists with training that would familiarize them with the service technology akin to tourism products.

(PNA)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 41 Cagayan de Oro City PETITION FOR EXTRA JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE UNDER4 ACT 3135 AS AMENDED BY ACT 4118 HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig), Petitioner, ANGELITO G. BANAWAN, Respondent. x------------------------------------------/

EJF NO. 2014-325

FOR: EXTRA-JUDICIAL FORECLOSURE REAL ESTATE MORTGAGE

AMENDED NOTICE OF EXTRA-JUDICIAL SALE

AMENDED NOTICE OF EXTRA-JUDICIAL SALE

Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND ( Pag-Ibig ) , against RANDY M. LAGMAN , of legal age, married to MARJOLYN G. LAGMAN, Filipino citizens with postal address at LOT-13 , BLK-18 VISTA GRANDE SUBD., LUMBIA, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of November 10, 2014 amounts to NINE HUNDRED NINETY SIX THOUSAND FOUR HUNDRED THIRTY EIGHT PESOS & 99/100 (P 996,438.99), Philippine Currency , inclusive of interest , penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on March 30, 2015 at 10:00 A.M. at the main entrance of this court , Regional Trial Court, Branch 41, Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit;

Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND ( Pag-Ibig ) , against ANGELITO G. BANAWAN , of legal age, married to MERRY ANN M. BANAWAN, Filipino citizens with postal address at BLK4-LOT23,WESTFIELD HOMES SUBD., IPONAN, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of November 10, 2014 amounts to EIGHT HUNDRED SEVENTY TWO THOUSAND SIX HUNDRED SEVENTY EIGHT PESOS & 70/100 (P 872,678.70), Philippine Currency , inclusive of interest , penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on March 30, 2015 at 10:00 A.M. at the main entrance of this court , Regional Trial Court, Branch 41, Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit;

TRANSFER CERTIFICATE OF TITLE NO. T-178151 A PARCEL OF LAND LOT 13, BLK 18, Psd-104305-017450 being a portion of Lot 3017-B, Psd-10-000818) Situated in Brgy. Carmen and Pagatpat City of Cagayan de Oro, Island of Mindanao, Containing an area of ONE HUNDRED TWENTY (120). Sq.m. more or less. And all improvements existing and to be constructed/erected thereon.

All sealed bids must be submitted to the undersigned on the above-stated date, time and place.

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, February 25, 2015..

(Sgd) ALDEN V. SAMBAAN Sheriff IV BWM: March 4, 11 & 18, 2015

TRANSFER CERTIFICATE OF TITLE NO. T-209358 A PARCEL OF LAND LOT 23, BLK 4, Psd-10-003488, cons. Subd., Of Lot25, Blk1; Lots1-26, all of Blk3; Lots1-24 all of Blk4; Lots 1-38 all of Blk5; Lots1-36 all of Blk6; Road Lots 4, 5 & 6 all of Psd-10-048674 , Situated in Brgy. IPONAN, City of Cagayan de Oro, Island of Mindanao, Containing an area of TWO HUNDRED TWENTY (220). Sq.m. more or less. And all improvements existing and to be constructed/ erected thereon.

All sealed bids must be submitted to the undersigned on the above-stated date, time and place.

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, February 25, 2015..

(Sgd) ALDEN V. SAMBAAN Sheriff IV BWM: March 4, 11 & 18, 2015

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TUESDAY | MARCH 3, 2015 wednesday|march 4, 2015

JCI – Kagayhaan Gold now on its 27th year, Creating Positive Change in the Community The Junior Chamber International Kagayhaan Gold (JCI KG) is a Cagayan de Oro City local organization affiliated with the Junior Chamber International, a developmental organization that is committed to develop young entrepreneurs and professionals in becoming active citizens who are empowered in creating positive changes in their communities.

Through its sustainable projects and programs, JCI Kagayhaan Gold is creating a significant impact to the development of its members and their communities.

JCI, in general, is very well-known for its 4 development opportunities namely Individual, Community, Business and International and its Parliamentary Procedure of conducting meetings.

Now on its 27th year, JCI

Kagayhaan Gold aims to conduct relevant programs that will address issues and problems concerning our world today.

Richmond Alfonso, incoming President, will lead JCI Kagayhaan Gold to continue to strive hard in

establishing connections, motivating its members, creating impact in the community, developing investment opportunities and forging collaborative relationships.

With this, the year will start off with an Induction and Turn Over Ceremonies in the evening of March 6, 2015 at Pryce Plaza Hotel.

This activity will introduce the new set of officers and members, as well as present plans and activities for the entire year.

The Ceremonies will also be graced by Cong. Peter Unabia as this year’s keynote speaker.

Mikael Daez surfs his way to success with Sun Postpaid’s iBundle Offer “That’s something I really want to do—to inspire people. Getting into the industry, I told myself, “Not only do I want to do well in my projects, I also want to be able to do something good, to positively influence the people that I meet, and the people who see me.”

Mikael believes that the Internet can help young professionals who strive for success. That’s why he believes that iBundles offered by Sun Postpaid is perfect for those who know just what they need. It not only allows them to enhance their productivity but it’s also easy on the pocket. “My favorite is the photo bundle. I like to travel a lot, as you can see on my Instagram.

Offers like iBundles are great for the Philippines where a lot of people are usually on a budget. Now, more people can have easier and more affordable access to the Internet, can enjoy it, and make full use of it,” Mikael said. favorite apps bundled together for as With iBundles, existing Sun low as P199 on top of their monthly Postpaid subscribers get to enjoy their service fees, valid for 30 days. They can pick from a selection of data packages depending on their habits and preferences, namely, the Social, Email and Photo bundles. With the social bundle, they can maximize their social media and post all they want on apps such as Facebook, Twitter, Waze, Foursquare, Google Plus, LinkedIn & PAth. With the email bundle, they can have their own mobile office and be able to send and receive emails while on the go as it provides access to Gmail, Yahoo Mail, Outlook & Exchange.com. With the photo bundle, they can post photos of their travels or even as ordinary as their foodie pictures on Instagram, Pinterest, Flickr, Imgur, Regram and Tumblr.

With this new add-on, Mikael says, young achievers can fully utilize their favorite apps to their advantage, in a Coco coir, a booming industry in Lanao del Norte package that strikes the perfect balance between work and play, and offers the Residents of Barangay Malingao, Tubod, Lanao del Norte now earn best value for their money. He added regular income by transforming coco fiber to coco twine which will then that iBundles is very simple and easy be used to make geonets.(PIO-LDN/PIA10) to use.

For Filipino actor, in-demand TV host and endorser Mikael Daez, the Internet is a very important tool because it opens up opportunities for him and allows him to engage with wider audiences and touch their lives in an instant.

“Being a public figure means you have the power to influence people.

The Internet enhances and magnifies the influence that you have,” Mikael said during the Sun Postpaid Twitter party held recently, where he had the opportunity to reach out to his fans via Twitter. By simply using the hashtag, #SunTwitterParty, fans and friends of Mikael where able to participate in online Q&A session, to get updates on Mikael’s latest endeavors.

A public figure himself, Mikael has hundreds of thousands of followers on his social media accounts. He said he uses the Internet to share bits of his personal life, to inspire people, and to make an impact on their lives.

In addition to being budget-friendly and easy to use, the iBundles is also worry-free because it comes with a feature that prevents bill shock. If a subscriber accidentally clicks a website that is outside of the package, they will see a “pay wall” or pop-up window that helps them with subscription or renewal of an iBundle, along with other mobile internet packages available to them. This helps Sun subscribers to enjoy the best value offer within their budget.

“It's great that Sun Cellular is giving Filipinos a good choice to connect and go online,” he added.

The #SunTwitterParty was powered

by Sun Cellular’s iBundles—the latest mobile Internet offer from Sun Postpaid. Sun Postpaid subscribers can now customize their monthly Sun Plans with Social, Email or Photo iBundles, to suit their mobile internet needs.

To know more about the different products and services of Sun Postpaid, visit www.suncellular.com. ph or Facebook page www.facebook. com/suncellularph and follow @ suncelldeals on Twitter.

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wednesday|march 4, 2015 MONDAY | MARCH 2, 2015

Italpinas offers graduation promo for March buyers In time for graduation month, Italpinas Euroasian Design and Eco-development Corporation, developer of Primavera Residences, offers special discounts worth P70,000 to its condominium buyers.

In addition, buyers with graduating family members may also avail of an additional P5,000 worth of gift certificates which can be claimed at Bigby’s SM City CdO branch.

“This is the right time to celebrate the academic success our children have achieved. In return for all the hard work and efforts they exerted in school, Italpinas encourages buyers to give graduates the gift of independence they deserve as they move forward to a new chapter in their lives. This March, we offer not only a huge discount but also a graduation blowout at Bigby’s SM CDO branch,” Gladys Echano, Sales Director, said.

Graduation is not only a major milestone for students, but also an indication of how parents were able to succeed in equipping and giving the best they have to offer to their children. This turning point in their lives needs to be celebrated with the entire family and given the appreciation it deserves. For this, Primavera Residences has the perfect gift and celebration promo in store.

“Sooner or later, our graduates will need a breath of fresh air.

They will soon ask for their

independence. This is the perfect time to invest at the first sustainable condominium development in CdO, Primavera Residences,” Echano expressed.

Primavera Residences is a multi-awarded green property development situated in Uptown Cagayan de Oro. Its passive cooling features include ledges on the exterior walls that provide shade and reduce the amount of direct sunlight hitting the windows, thus minimizing the use of airconditioners.

An inner courtyard at Primavera Residences also provide natural ventilation by expulsing warm air out through the rooftop.

Because of its eco-friendly features, Primavera Residences won its latest award at the 2014 Asia Pacific regional competition of the prestigious International Property Awards in the Mixed-Use Development category.

Potential unit buyers can call or visit Primavera Residences for inquiries and present a proof of graduation upon unit purchase to avail of the additional graduation treat. The graduation blowout may be claimed exclusively at Bigby’s SM CDO branch from March 1 until April 30 only.

For details, you may contact Primavera at (088) 880-5002, 0917 794 2221, or you can visit their website at www. primaveraresidences.com.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 41 Cagayan de Oro City PETITION FOR EXTRA JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE UNDER4 ACT 3135 AS AMENDED BY ACT 4118 HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig), Petitioner, LEOPOLDO L. ENTOY, Respondent. x------------------------------------------/

EJF NO. 2015-008

NOTICE OF EXTRA-JUDICIAL SALE

Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig) , against LEOPOLDO L. ENTOY , of legal age, single, Filipino citizens with postal address at BLK-3, LOT-25 & 27 MINDANAO HOMES SUBD., PAGATPAT , CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of November 10, 2014 amounts to TWO HUNDRED EIGHTY SIX THOUSAND SIX HUNDRED FIFTY SIX PESOS & 44/100 (P 286,656.44), Philippine Currency , inclusive of interest , penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on March 30, 2015 at 10:00 A.M. at the main entrance of this court , Regional Trial Court, Branch 41, Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit; TRANSFER CERTIFICATE OF TITLE NO. T-125059

A parcel of land (Lot 25, Blk 3, PCS-10-001793, being a portion of All Resultant Lots of Blocks 1 to 10 and Road Lots 1 to 9 of Psd-10-024527), situated in the barrio of Pagatpat, City of Cagayan de Oro , Island of Mindanao, Containing an area of SEVENTY TWO (72) Sq.m. more or less. And all improvement existing and to be constructed/erected thereon.

TRANSFER CERTIFICATE OF TITLE NO. T-125060

A parcel of land (Lot 27, Blk 3, PCS-10-001793, being a portion of All Resultant Lots of Blocks 1 to 10 and Road Lots 1 to 9 of Psd-10-024527), situated in the barrio of Pagatpat, City of Cagayan de Oro , Island of Mindanao, Containing an area of SEVENTYTWO (72) Sq.m. more or less. And all improvement s existing and to be constructed/erected thereon.

In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

OFFICE OF THE PROVINCIAL SHERIFF

Upon extra - judicial petition for sale under Act No. 3135 as amended

by Act 4118 filed by HOME DEVELOPMENT MUTUAL FUND (PAGIBIG) as mortgagee against ARTURO D. AGUEL, as mortgagor, to which as of January 26, 2015 amount of ONE HUNDRED SEVENTY THREE THOUSAND FOUR HUNDRED THIRTY SIX PESOS AND 71/100 (P 173,436.71), inclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned will SELL TO PUBLIC Auction on March 31, 2015 at 10:00 o’clock in the morning at the entrance door Regional Trial Court Branch - 23 , City Tourism Hall, Cagayan de Oro City to the highest bidder for cash or manager’s checks and in Philippine Currency, the following described properties , to wit: TRANSFER CERTIFICATE TITLE NO. 137-2011001202 A PARCEL OF LAND, (Lot 19, Block 8, PSD-10-053352, Portion of Lo: 3891-P-2, PSD-10-050786. Situated in Canitoan, Now Carmen, Cagayan de Oro City, Island of Mindanao. Containing an area of fifty (50) Sq. More or Less.

All sealed bids must be submitted to the undersigned on the abovestated date, time and place.

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers/bidders may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.

Done this February 27, 2015 in the City of Cagayan de Oro , Philippines.

Upon extra-judicial petition for sale under Act 3155 filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), mortgagee, with office at 104 Amorsolo St., Legaspi Village, Makati City, against ELMER H. EBDAO , mortgagor, married to Roselyn O. Ebdao, residing at Promiseland Subd., Lot 43 Blk 3, Poblacion Tagoloan, Misamis Oriental/Villa Manga, Tagoloan, Misamis Oriental, to satisfy the mortgage indebtedness which was as of May 31, 2014, amounted to ONE MILLION NINETY EIGHT THOUSAND NINE HUNDRED SEVENTY FIVE PESOS & 66/100 (P 1,098,975.66) excluding penalties, charges, attorneys fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on April 15, 2015 at 10:00 A.M. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Branch 17, Tourism Bldg., Cagayan de Oro City to the highest bidder, for CASH or manager’s check and in Philippine Currency the following property with all improvements, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-15432 “ A PARCEL OF LAND (Lot 43, Block 3, of the Cons. Subd. Plan, PCS-10001152) being a portion of Block 1-9, Road Lots 1 & 2 of PSD-104324-017657, situated in the Barangay of Poblacion, Municipality of Tagoloan, Province of Misamis Oriental, Island of Mindanao, Bounded on the SE., along line 1-2 by Lot 45 of Block 3 of the Cons. Subd.; x x x x ….. Containing an area of One Hundred (100) square meters, more or less.”

All sealed bids must be submitted to the undersigned on the above-stated date, time and place.

In the event the public auction should not take place on the said date for whatever reason, the public auction will proceed on the next working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, January 29, 2015..

(Sgd) RICO A. REMALIG Sheriff IV

(Sgd) ALDEN V. SAMBAAN Sheriff IV BWM: Feb. 25, March. 4 & 11, 2015

OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA- JUDICIAL SALE FILE NO. 2015-AF-028

NOTICE OF EXTRA-JUDICIAL SALE EJF FILE NO. 2015-AF-002

FOR: EXTRA-JUDICIAL FORCLOSURE REAL ESTATE MORTGAGE

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City

BWM: March 4, 11 & 18, 2015

February 27, 2015, Cagayan de Oro City.

BWM: March 4, 11 & 18, 2015

(Sgd) FE O. BONTUYAN-BULARON Sheriff IV

BusinessWeek MINDANAO

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wednesday|march 4, 2015

Power... from page 1

collection efficiency at 91.83% and 114.79%, respectively.”

NPC has emphasized that the local government units (LGUs) in these areas have been helping their ECs in enhancing the base of collections from customers.

Alongside these recent positive developments in the performance of the BASULTA-ECs t houg h, Sta Rita has indicated that these areas would still need capacity additions to meet future demand.

She has informed concerned LGUs and the managers of the covered ECs that the power firm is targeting “to build new power generation facilities with 5.0MW capacities in Basilan, Sulu and Tawi-tawi.”

The NPC chief executive said the project is expected for completion “within twoand-a-half years” and such shall command investment of P800 million.

As a stop-gap measure though, the power firm is now pushing forward the completion of an initial 2.0MW power facility for the area which will come on stream next year.

Evacuees... from page 1

night as government forces closed in on suspected rebel positions.

The Autonomous Region i n Mu s l i m M i n d a n a o (ARMM) humanit ar ian agencies said some 28,500 individuals have fled to safer grounds since Friday when the military launched offensives against the BIFF in Mamasapano town.

Lenny Anayatin, 20, of this town’s Barangay Inaladan, re c a l l e d t he m i s e r abl e experience she had with her daughter and neighbors while fleeing at the middle of the night last Saturday.

“We were awakened by loud explosions near our village and our officials told us to move out quickly … we scampered … we ran,” said

Anayatin, who gave birth in December.

In between sobs, Anayatin said she didn’t know what to do and what to bring when officials, in the middle of the night, told them to evacuate.

“We walked for three kilometers, crossed rivers in the middle of the night,” she said in between sobs, adding that a neighbor offered her a space in a motorboat “because I was carrying a baby.”

The boat was already loaded with children of other fleeing families.

Luckily for Anayatin, she found a space in the motorboat. In contrast, Bai Zahara Alim had to cross rivers with her three children and the family owned water buffalo.

Bai Zahara said she has become tired of all living a life on the run.

“All I am asking is a stop to all these atrocities in our communities,” Ali said in Filipino. “Since I was a child, my family had been in this situation. We flee, return home and rebuild our lives then we evacuate again, it is never ending,” she said crying.

Bai Zahara lamented this is also one of the reason why she was deprived of education, aside from being poor.

The war, she said, has worsened their poverty because they could not attend anymore to their farm due to being displaced from time to time.

Delmo Sali, another evacuee from Shariff Saydona, said he feared for his family and children who have to endure hasty evacuation.

“What the people are afraid of in our village is that we might be hit by bazooka (mortars). Those loud explosions annoy us,” he said.

Rebuild... from page 1

that have made it and its people the poorest in the country, a basic objective of the peace process which the government pursued in

Mindanao.

Fa c e d by a p ove r t y incidence rate of 48.7 percent in the Autonomous Region in Muslim Mindanao (ARMM) as of 2012, the government sought to fast-track development in the region by proposing a P17-billion Special Development Fund (SDF) in the Bangsamoro Basic Law (BBL), according to government peace panel member Senen Bacani.

The BBL, the charter for a new Bangsamoro regional government to replace the ARMM, is pending review a n d ap p r ov a l i n b o t h chambers of Congress.

Official data from the National Statistical Coordination Board (NSCB) showed that among the provinces in the ARMM, Lanao del Sur posted the highest poverty incidence rate with 68.9% with Maguindanao scoring the second highest poverty incidence rate at 57.8%. The island provinces of Basilan, Sulu, and Tawitawi have slightly lower poverty incidence rates, but are among the highest also in the entire Philippines.

Bacani said the government proposes to remove poverty as one of the causes of recruitment into extremist armed groups in the South by creating more economic opportunities and boosting incomes of the people in the region through the infrastructure build-up and intensified delivery of social services.

He noted that Congress has been in the forefront of pushing development in the entire country to lessen the incidence of poverty among many Filipinos, and the provision of these funds to the Bangsamoro is along the same principle.

“Areas in the proposed Bangsamoro, which are mostly composed of provinces under the current Autonomous Region in Muslim Mindanao, have lagged behind in terms of economic growth for years due to armed hostilities,” he said.

The SDF is proposed to be

DEED OF ABSOLUTE SALE

broken down into an initial tranche of P7-billion for the first year of existence of the BBL, with P2 billion a year to be released for five years.

To ensure there would be no repeat of past sad experience in the utilization of public funds, the government will implement strict audit and transparency rules in its use, first through the Bangsamoro audit agency proposed to be created also under the BBL, and also through the Commission on Audit, Bacani said.

Civil society and other institutions are also expected and would be encouraged to participate actively in monitoring the utilization of funds and the implementation of the projects under the SDF, he added.

To e n s u r e t h at t h e Bangsamoro regional government would have adequate funds, the government also proposed under the BBL to give the Bangsamoro government a 4% share out of the 60% revenue allotment budget of the national government estimated to reach P27 billion at current budget figures. If approved by Congress, this block grant from the IRA would replace the annual subsidy given by the national government to the ARMM, which amounts to P24.3 billion under the 2015 General Appropriations Act (GAA).

The 40% revenue allotment is for local government units.

This block grant is not a special allocation only for the Bangsamoro, as it would be availing of a share in the internal revenue allotment (IRA) funds under a system for all other local government units in the country, Bacani stressed.

“For development to catch up with poverty in the Bangsamoro region, the government sees fresh funds in rebuilding these war-torn areas as a tool for strengthening the peace,” Bacani added.

The bill also allocates at least a billion pesos to fund the operations of the Bangsamoro

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:

We, Efren A. Bebing and Dolores A. Bebing, all of age, Filipino citizens, husband and wife and residents of Agoho, Mambajao, Camiguin are the owners of a parcel of land located at Agoho, Mambajao, Camiguin identified as Lot 3932-V under T.D. No. G-004248 in the name the heirs of Teodoro Aranas with an area of 500 square meters which we acquired from Leonarda A. Pascual by virtue of the a hand written document executed by said Leonarda Pascual dated April 21, 2009 which the latter acquired Judgment of Partition in SPL. No. 303 of the Regional Trial Court of Branch 28, Mambajao, Camiguin;n

We, Emmanuel A. Aranas, all of age, Filipino citizen, and a residents of Agoho, Mambajao, Camiguin are the owners of a parcel of land located at Agoho, Mambajao, Camiguin identified as Lot 3932-T under T.D. No. G-004248 in the name the heirs of Teodoro Aranas with an area of 500 square meters which I acquired by virtue of the Judgment of Partition in SPL. No. 303 of the Regional Trial Court of Branch 28, Mambajao, Camiguin;n

That for and in consideration of sum of sum of ONE HUNDRED THOUSAND PESOS (Php. 100,000.00) to us in hand paid by MS. MARY JOAN L. GUILLENA, likewise of legal age, single, Filipino citizen and a resident of Agoho, Mambajao, Camiguin receipt of which is hereby acknowledged to my full satisfaction, by these presents, I hereby absolutely SELL, CEDE, TRANSFER and CONVEY said Lot 3932-V unto the herein Vendee, free from any lien or encumbrance;

That said property is not being tilled or cultivated by any other person for agricultural purposes hence the same is free any form of tenancy;

That said lot subject of this sale is offered for sale to adjoining and other heirs but none signified their intension to exercise their right of pre-emption;

IN WITNESS WHEREOF, I hereunto affix my signature this 9th day of February 2015 at Mambajao, Camiguin.

That for and in consideration of sum of ONE HUNDRED THOUSAND PESOS (Php. 100,000.00) to me in hand paid by MS. MARY JOAN L. GUILLENA, likewise of legal age, single, Filipino citizen and a resident of Agoho, Mambajao, Camiguin receipt of which is hereby acknowledged to my full satisfaction, by these presents, I hereby absolutely SELL, CEDE, TRANSFER and CONVEY said Lot 3932-T unto the herein Vendee, free from any lien r encumbrance;

That said property is not being tilled or cultivated by any other person for agricultural purposes hence the same is free any form of tenancy;

That said lot subject of this sale is offered for sale to adjoining and other heirs but none signified their intention to exercise their right of pre-emption;

IN WITNESS WHEREOF, I hereunto affix my signature this 9th day of February 2015 at Mambajao, Camiguin.

11

Transition Authority, as it prepares to transition to the new Bangsamoro region.

said, referring to staterun Development Bank of the Philippines.

GSIS...

PLDT... from page 3

it more enticing to potential buyers. “ The BSP, which has given us incentives in the past to facilitate sale, have reinstated the incentives.

The bank is valuable to anyone who is interested to enter the banking industry,” Vergara said.

“We requested DBP to advise us on the sale so we asked them to do an updated valuation as of December 2014. The range they gave us was P520 to P 6 7 0 m i l l i on ,” Ve rg ar a

2014. Smart Broadband had awireless subscriber base of over 2.3 million at the end of the period, about 1.8 million of whom were on prepaid service. In addition, Sun Cellular’s wireless broadband subscriber base rose to more than 676,000.

PLDT’s fixed broadband subscribers increased by 16 percent from the previous year, bringing the group’s total to about 1.1 million for 2014 for a 49 percent share of the fixed line subscriber base.

from page 3

VISIT OUR WEB PORTAL

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE OF A PORTION OF LAND KNOW ALL MEN BY THESE PRESENTS:

This Extra-Judicial Settlement with Absolute Sale is executed by Rodrigo Acero,, of legal age,married, Filipino citizen and a resident of Agoho, Mambajao, camiguin; That Santos Balbutin remains the declared owner of a parcel known as Lot 4406 under T.D No. 3914 the whole area of which is 7,746 square meters located at Agoho, Mambajao, Camiguin who died without leaving a Will, nor did he incur indebtedness during his lifetime;

That being the only heirs of Santos Balbutin we assumed ownership and possession of the said property ;

That by virtue of the Special Power of Attorney executed by my siblings in my favor, and for and in consideration of the sum of ONE HUNDRED THOUSAND PESOS (Php. 100,000.00) Philippine currency, to me in hand paid by MS. MARY JOAN L. GUILLENA, , likewise of legal age, single, Filipino citizen and a resident of Agoho, Mambajao, Camiguin receipt of which is hereby acknowledged to my full satisfaction, I hereby SELL, CEDE, TRANSFER and CONVEY One-Half portion of Lot 4406 which is known as 4406-B which has an of 3,873 square meters to the herein Vendee, her heirs and assigns , free from any lien or encumbrances.

That the subject property has been offered to the adjoining owners but none signified their intention to exercise their right of pre-emption;

That the same property is not being tilled or cultivated by any person, hence the same is free from any form of tenancy;

That said property has not been mortgaged to any person or banking institution, thus the same is free from any lien or encumbrances;

That the subject property is not titled thus the same be registered as unregistered property under the Property Registration Decree.

IN WITNESS WHEREOF, I hereunto affix my signature this 11th day of February 2015 at Mambajao, Camiguin.

BEFORE ME, this 12th day of February 2015 at Mambajao, Camiguin personally appeared Rodrigo Acero with Firearm Licence No. 678173 known to me to be the same person who executed the foregoing instrument and he acknowledged to me that the same is his free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place above-written.

BWM: Feb. 25, March 4 & 11, 2015 EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE OF A PORTION OF LAND KNOW ALL MEN BY THESE PRESENTS:

This Extra-Judicial Settlement with Absolute Sale is executed by Rodrigo Acero,, of legal age,married, Filipino citizen and a resident of Agoho, Mambajao, camiguin; That Alfonso Acero remains the declared owner of a parcel known as Lot 4375 under T.D No. 3913 the whole area of which is 8,319 square meters located at Agoho, Mambajao, Camiguin who died without leaving a Will, nor did he incur indebtedness during his lifetime;

That being the only children of Alfonso Acero we assumed ownership and possession of the said property upon his death;

That by virtue of the Special Power of Attorney executed by my siblings in my favor, and for and in consideration of the sum of ONE HUNDRED THOUSAND PESOS (Php. 100,000.00) Philippine currency, to me in hand paid by MS. MARY JOAN L. GUILLENA, , likewise of legal age, single, Filipino citizen and a resident of Agoho, Mambajao, Camiguin receipt of which is hereby acknowledged to my full satisfaction, I hereby SELL, CEDE, TRANSFER and CONVEY portion of said property which is known as Lot 4375-C-5 as borne out in the sketch plan with an area of 3,567 square meters to the herein Vendee, her heirs and assigns , free from any lien or encumbrances.

That the subject property has been offered to the adjoining owners but none signified their intention to exercise their right of pre-emption;

That the same property is not being tilled or cultivated by any person, hence the same is free from any form of tenancy;

That the subject property is not tilled thus the same be registered as unregistered property under the Property Registration Decree.

IN WITNESS WHEREOF, I hereunto affix my signature this 16th day of February 2015 at Mambajao, Camiguin.

BEFORE ME, this 9th day of February 2015 at Mambajao, Camiguin personally appeared Efren A. Bebing and Dolores A. Bebing all known to and to me known to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free and voluntary act and deed.

BEFORE ME, this 9TH day of February 2015 at Mindanao, Camiguin personally appeared Emmanuel A. Aranas with CTC. No. 26339222 issued on March 6, 2014 at Mambajao, Camiguin known to me and to me known to be same person who executed the foregoing instrument and he acknowledged to me that the same is his free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place above-written.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place above-written.

BEFORE ME, this 16th day of February 2015 at Mindanao, Camiguin personally appeared Rodrigo Acero with Firearm Licence No. 678173 known to me to be the same person who executed the foregoing instrument and he acknowledged to me that the same is his free and voluntary act and deed.

BWM: Feb. 25, March 4 & 11, 2015

BWM: Feb. 25, March 4 & 11, 2015

WITNESS MY HAND AND NOTARIAL SEAL on the date and place above-written.

BWM: Feb. 25, March 4 & 11, 2015

VIBE

BusinessWeek MINDANAO WEDNESDAY | MARCH 4, 2015

editor: SHAUN ALEJANDRAE YAP UY

PAGE 12

Together in the spirit of giving, SM Store President Ms. Cielo Monasterio with SVPOperations Mr. Joey Singian, SM Foundation Inc. Executive Director Ms. Connie Angeles, DSWD representatives with the first beneficiaries covered by the government’s 4PsPantawid Pamilyang Pilipino Program at the Share Your Extras launch.

Share Your Extras at SM SM invites its shoppers to clean their closets and Share Your Extras with the less fortunate in its store based campaign.

A joint project of The SM Store, in partnership with the Department of Social Welfare and Development and SM Foundation, Share your Extras booths have been set up at all SM Stores where shoppers can donate their extra clothes or new pair of slippers until March 31.

All donors will be entitled to a P50 coupon to be redeemed with a minimum P500 single

receipt purchase of regular priced ladies’, men’s and children’s apparel at The SM Store until March 31, 2016.

Share your Extras was recently launched at SM Marikina highlighting the campaign’s first beneficiaries from nearby barangays in Marikina that are covered by the government’s 4Ps- Pantawid Pamilyang Pilipino Program.

SM Store President Ms. Cielo Monasterio, SVPOperations Mr. Joey Singian, SM Foundation Inc. Executive Director Ms. Connie Angeles

together with Social Welfare Officer IV Ms. Karen Bullecer took part in the heartwarming ceremony happily handing shoes, clothes, and undergarments from the SM store to the delighted kids.

Many more less fortunate communities from DSWD accredited beneficiaries nationwide will receive clothes and slippers from the SM Store through the Share Your Extras campaign.

Join SM in making a difference with the Share Your Extras campaign.

SM Foundation Inc. Executive Director Ms. Connie Angeles also took part in the heartwarming gift giving ceremony.

Share your Extras booths are found at SM Stores nationwide. Donors will be entitled to a P50 coupon with a minimum P500 single receipt purchase of regular priced ladies’, men’s and children’s apparel at The SM Store until March 31, 2016.

The children’s smiles were priceless as they received shoes and clothes from the SM Store.

SM Store President Ms. Cielo Monasterio led the distribution to beneficiaries in the Share Your Extras launch.