BusinessWeek Mindanao (March 4-5, 2014)

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Volume IV, No. 72

Market Indicators As of 6:12 pm mar. 4, 2014 (Tuesday)

FOREX

PHISIX

US$1 = P44.74

6,394.60 points

3 cents

X

12.92 points

X

Briefly Anti-rabbies THE city of Cagayan de Oro will have a budget of P2.4 million this year for its Anti-Rabies Program under the City Health Department. This is specified in the Program of Works approved by the 17th City Council during the recent regular session presided over by Vice Mayor Caesar Ian E. Acenas through Ordinance No. 12734-2014. The ordinance appropriates the same amount from the item “NonOffice-Social Services: Reserve for Special Projects/Programs/Special Purpose Fund” in the 2014 General Appropriations Ordinance (GAP) to be made available for the purpose. Based on the POW submitted by City Health Officer D. Fe C. Bongcas, the amount will be used to purchase 1,212 anti-rabies vaccines.

Cacao production BUTUAN City -- The Department of Agrarian Reform (DAR) in Agusan del Norte promoted cacao growing to 65 farmer-leaders to increase productivity in the Comprehensive Agrarian Reform Program (CARP) awarded lands during the Orientation on Cacao Production held on February 24, here. The project is a joint venture of DAR Agusan del Norte, Kennemer Foods International, Inc. (KFI) and GML Agri-ventures. Land Bank of the Philippines (LBP) will play a vital role in financing the cacao planting program. The over-all goal of the program is poverty reduction and improving the quality of life of Agrarian Reform Beneficiaries.

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Misor’s coal-fired plant suffers technical glitch By MYRNA VELASCO, Contributor and NELSON V. CONSTANTINO, Editor-in-Chief

T

HE recent blackouts that enveloped the entire Mindanao grid has sustained damage to the generators of the 210-megawatt Steag coal-fired power plant in Misamis Oriental, a company statement said yesterday.

The plant operator Steag State Power Inc. (SPI)said that technical problems were detected in the turbine generators. “SPI is currently conducting a thorough assessment and inspection of the units and other plant systems,” the company said. According to SPI president and chief executive officer Dr.

Bodo Goerlich, “the company is working hard to restore the Mindanao coal-fired power plant back to the grid.” He indicated further “we have already mobilized all our resources to restore the units back on-line.” As to the timeframe of the plant operations’ restoration, however, the company was glitch/PAGE 10

Matigsalog tribe, Aboitiz start forest rehab of ancestral land By GRACE BEBER, Staff Writer

A YEAR before the start of its power plant operations, AboitizPower subsidiary T he r m a S out h and it s Matigsalog tribe partners have started the rehabilitation and reforestation of a targeted one-thousand hectares of ancestral land as part of the firm’s efforts to offset its carbon footprint. With long-term financial an d t e c h n i c a l s upp or t from Therma South, and the establishment of the community’s central nursery, indigenous Matigalog families are on track to fill an initial rehab/PAGE 10

Sto. Domingo, Albay Mayor Herbie Aguas proudly shows visitors his marine aquarium with live corals in his office. photo by bong d. fabe

The Sto. Domingo way:

In DRRM, preparedness is key for zero casualty By BONG D. FABE, Correspondent

STO. DOMINGO, Albay -- This municipality maybe the smallest in Albay and the most disaster-prone

town in the province or even in the Bicol region but it is now the envy of every community in the

Philippines when it comes to disaster risk reduction management and resiliency program. Blessed with so much DRRM/PAGE 10

Bukidnon marred by long power outages Therma South employees join Matigsalogs in a treeplanting ceremony last year.

By APRIL ROSE TORION, MindaNews

MALAYBALAY City -- Parts of Bukidnon have been experiencing daily power outages since Feb. 26, a day

before Thursday’s Mindanaowide blackout. In a March 3 text advisory of the Bukidnon II Electric

Cooperative, Inc. (BUSECO), the latter blamed the power interruptions to the unsolved problem in the Mindanao Grid. The advisory said: “Our power supply contract is still not being followed as the system operator is saying … the Mindanao Grid is critical.” According to Juancho Chiong, manager of the Manolo Fortich branch of BUSECO, the electric cooperative has contracted outages/PAGE 10

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Economy

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DavOr solon thanks PNoy’s concern on power lack in province DTI turns over SSF D AVA O C i t y - - A congressional representative from Davao Oriental’s first district appreciated President Benigno Simeon Aquino’s concern over the lack of electricity in most of the barangays among the towns of

Baganga, Cateel and Boston, hardest hit by typhoon Pablo in 2012. Speaking to reporters following the visit of the president in Cateel, Davao Oriental in line with the 28th People Power Revolution

Anniversary, Representative Nelson Dayanghirang said it is good that the President also sees the problem. He said electricity has been restored only on the town centers and the barangays along the national highway

but not in the interior areas. Dayanghirang said the local government units of the affected towns have already complied with the necessary documentation for a P51-Million fund for power/PAGE 9

equipment to Bukidnon abaca farmers By JUNAR B. MERLA, Contributor

MALAYBALAY City -- Nasandigan Abaca Planters Association (NAAPA) of Kalabugao, Impasugong, Bukidnon recently received machines and equipment from the Department of Trade and Industry’s Shared Service Facility (DTI-SSF) project. DTI provincial director Ermedio J. Abang said the organization received one unit mechanical stripping m a c h i n e a n d 1 5 u n it s hand stripping devices, all designed by the Philippine Fibre Industry Development Aut h or it y ( P h i l ippi n e FIDA). During the turnover c e r e m o n y, R a m i l B . B arcelona of DA-FIDA Head Of f ice, being the owner of the design, briefed the machine operators of NAAPA on how to operate and maintain the equipment, which has a total amount of

P327,500.00. Members of DA-FIDA technical staff were purposely present in the activity to inspect and demonstrate proper installation and operation of the machine tools. DA-FIDA also assured NAAPA of their continuing support in producing quality fibres in the province of Bukidnon. L i k e w i s e , Tr a m a t Merchantile Inc, the equipment supplier, did a concrete demonstration on abaca-stripping to produce dti/PAGE 9

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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274 ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893 BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075 BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637 BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796 BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405 BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727

METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415 METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057 METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162 METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721 METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924 METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731 METRO BANK- GAISANO 8561720 PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK Tiano Bros St. Cdoc | 727083 /727082

BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178

PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695

BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052

PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN CM Recto Ave. Lapasan, Cdoc, 8563991/727731 BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819 EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081 EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331 ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678

PNB- LKK MALL NORTH CONCOURSE LKK Mall N.Concourse Cdoc 8574149/8575682 PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc. #58 Tiano FernandezSt.CDO 727215/ 8563552 *805 SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625 SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632 STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168 UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135

CorporateWorld

Taiwanese firm sets PH plant for production of e-jeepneys TAIWAN-based TECO Electric and Machinery Co. Ltd. is set to spend about P320 million to expand its manufacturing facility in Subic Bay for the production of electric jeepneys to the local market.

“The initial estimation is about P320 million,” Jay LC Huang, TECO business development center special assistant, told InterAksyon. com on the sidelines of the Electric Vehicle Summit. At present, TECO’s Subic plant mainly manufactures d i f f e r e nt t y p e s o f a i r conditioners and television units. Huang said that they intend to start the expansion before the fourth quarter of the year. “Our plan is to build up the whole electric vehicle supply chain here,” Huang said.

Once t he faci lit y is upgraded, Huang said that it will be able to produce at least 200 units per month. TECO is now also set to finalize a supply agreement with a local operator in line with the plant expansion. “Once the contract is signed, we need to be able to deliver one thousand units within one year and that is why we need the factory,” Huang said. T he ag re e me nt is a three-way joint venture partnership between TECO, the Philippine Utility Vehicle (PhUV) Inc., and a local

THE Asian Development Bank’s (ADB) headquarters in Manila is now meeting all of its energ y needs from renewable sources, following a geothermal power supply agreement with AdventEnergy Inc., a licensed retail electricity supplier of Aboitiz Power. The headquarters is now

powered by 100% renewable energ y generated by geothermal plants in Tiwi in Albay province and MakilingBanahaw in Laguna province, both of which are on the main Philippine island of Luzon, in addition to existing on-site solar power generation. “As an institution we are strongly committed

LBP – VELEZ LunaVelez St. | 723549/8563198

UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805

LBP – PUERTO Puerto Cdoc | 8558858

WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174

MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060

1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146

METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999

OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

to expanding the use of renewable energy across Asia and the Pacific, so it is only fitting that we walk the talk in our own headquarters,” said ADB Vice President Bruce Davis at a ceremony in ADB headquarters. “This agreement will allow us to cut our annual corporate carbon aboitiz/PAGE 11

already have supply chains for engine cars and they are not willing to change something which involves a lot of people, job and investments,” Huang said. “But in the Philippines, there is no existing engine car supply chain so it is easy to set-up a new supply chain as there is no resistance from existing companies.” In addition, the country’s aging jeepneys also need a major upgrade. “We look at different countries and we find that the Philippines is the best place to do this because here you have something very unique which we call jeepneys that is very old and everyone wants to upgrade it. So that is the force that will create the market,” Huang said.

Philex gets regulatory clearance to start normal operations THE interagency body tasked to oversee the rehabilitation and clean up operations at the Padcal copper-gold mine said Philex Mining Corp. has completed all the regulatory requirements needed for the company to resume normal operations. In a report, the Mining Indu st r y C o ord i n at i ng Council (MICC) said the philex/PAGE 11

Acer shoots some hoops with NBA 2K14 Global IT brand Acer recently tipped off its first slambang activity for the year via a tie-up with the popular basketball video game “NBA 2K14” and launched competitions with avid gamers and Acer notebook users at select SM malls such as SM City North Edsa, SM City Fairview and most recently at SM City Clark’s Event Center. Game fans as well as first timers got to experience the extremely popular NBA 2K14 video game using the Acer Aspire V3-772G laptop, which has the capability of running high-octane action and exciting games, thanks to its high-performance, next-generation Intel processors. Participants were super ecstatic as they shot some hoops, ran fast on the break and took it home with a slam in the games. Acer also held a tournament for Acer notebook users, at the same time as the NBA 2K14 pro-gamers, where participants battled it out to reach the grand tournament finals and get a chance to win a brand new Aspire V3-772G, Acer’s ultimate gaming laptop. To add more excitement, the elimination games were projected on giant screens using Acer’s P5307WB projector so that even mall-goers can watch and perhaps join in the fun and cheer for their favorite gamers.

Outshoot, outplay is the order of the day as the finalists will meet again to duke it out among themselves for greater basketball videogame glory and claim the exciting Acer grand prize, which will serve as their greatest motivation. But there could only be one ultimate gamer, the best-of-the-best, the top hoopster honcho, in Acer’s NBA 2K14 Tournament. Find out soon!

Acer Philippines General Manager Manuel Wong (5th from left) is shown here with Acer-NBA 2K14 event participants.

About Acer Established in 1976, Acer is an information and communication technology company dedicated to the research, design, marketing, sale and support of innovative products that enhance people’s lives. Acer’s green supply chain delivers environmentally friendly PCs, displays, projectors, servers, tablets and smartphones — tools our customers need to explore beyond limits and experience more. Ranked No. 3 for notebooks globally (IDC 2012), Acer employs 8,000 people, and 2012 revenues reached US$14.7 billion. Please visit www.acer.com for more information.

UCPB BANK SAVINGS- CAPISTRANO Capistrano Corner CruzTaal St. CDO 8524099/722695 UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063

jeepney operator. PhUV President Ferdinand Raquelsantos said that they are already close to finalizing the contract. “The parameters are not yet final. But we’re almost there,” Raquelsantos told InterAksyon.com. Teco and PhUV are also partners in the bidding for the Asian Development Bank’s $400-million government loan for the production of electric tricycles. Best place Huang said that compared to other countries with a mu c h - e nt r e n c h e d c a rmanufacturing industry, the Philippines is an ideal location to start up the electric vehicle business. “In other countries, it is more difficult because they

ADB switches to 100% RE courtesy of Aboitiz Power

UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527

LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678

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The NBA2K14 events area, where all the virtual basketball hardcourt action was held

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Bank lending grows 17% in January: Bangko Sentral THE country’s 36 universal and commerci a l b an ks reported a year-on-year lending growth of 17.1 percent in January, higher than end-December’s 16.4 percent. Based on data from the Bangko Sentral ng Pilipinas (BSP), money supply also continued to expand because of higher demand for credit. In January, domestic liquidity or M3 increased 38.6 percent year-on-year to P6.9 trillion, faster than the expansion recorded in December of 32.7 percent. Bank lending in nominal value and net of reverse repurchase (RRP) placements with the central bank, totaled P3.739 trillion for both residents and non-residents. For residents only the amount was P3.665 trillion. With RRPs, which are overnight borrowings of the BSP from banks, outstanding loans totaled P3.992 trillion for both residents and nonresidents. Inclusive of RRPs, lending grew 15.9 percent in Januar y, slower than the previous month’s 16.3 percent. Under the M3 data, domestic claims rose by 16.2 percent in January from 11.6 percent in December as bank lending accelerated, with the bulk going to manufacturing,

utilities, wholesale and retail trade, as well as financial and bu s i n e ss s e r v i c e s . “These sectors provide large multiplier effects to the real sector,” said the BSP in a statement. “The sustained growth momentum of credit reflects the stable financial conditions and continued solid growth prospects of the domestic economy,” the BSP added, explaining the bank lending data. The BSP added that even as loans are increasing, the closely watch the evolving credit and liquidity conditions to ensure that bank lending growth “reflects the pace of domestic demand while at the same time maintaining overall price and financial stability.” The BSP noted that the higher M3 growth in January can be explained on the basis of its statistical base effects given the slower growth in domestic liquidity of 8.8 percent in January, 2013. “(We) continue to assess the medium-term impact of strong monetary growth on the outlook for inflation as well as on financial prices,” said the BSP. The statement reiterated that the central monetary authority is prepared to deploy all necessar y measures for lending/PAGE 11

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UNION Bank of the Philippines said its board has approved the acquisition of additional common shares in thrift unit City Savings Bank Inc at a cost of at least P1 billion. In a disclosure to the Philippine Stock Exchange, the Aboitiz-owned lender said it plans to subscribe to an additional 62,976 unissued common shares of City Savings Bank at its book value per share of P15,879.15. T h e s u b s c r ipt i on i s subject to Monetary Board approval and Bangko Sentral ng Pilipinas (BSP) guidelines. ‘The additional equity investment is in accordance with UnionBank’s business pl an and a l ig ne d w it h union/PAGE 11

BDO posts record P22.6-B profit BDO Unibank, Inc. (BDO), the country’s biggest bank, reported yesterday a 56 percent surge in net income to a record P22.6 billion last year from the P14.5 billion profit in 2012, and exceeded its P20.4 billion earnings guidance by 10 percent. In a disclosure to the Philippine Stock Exchange,

the bank said its remarkable performance is attributable t o i n c re a s e d e a r n i n g s from its core businesses in conjunction with notable trading gains. B D O ’s primary commercial banking businesses continued its robust growth with net interest income leading the

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P900 billion mark. On the other hand, total deposits ended the year at P1.3 trillion; or an upsurge of 44 percent. The bank’s continued branch expansion enabled it to keep cost of funds tempered with low cost deposits growing over 20 percent. In 2013, BDO opened bdo/PAGE 11

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way with a 20 percent rise to P43.2 billion. The BDO management team is headed by Ms. Teresita Sy-Coson, Chairperson of the Board and CEO and Nelson Tan, President. This consistent progression is at the back of customer loans expanding by 19 percent; going over the

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hink a minute…Sex was God’s idea. God created sex A Minute in marriage for pleasure. The By Jhan Tiafau Hurst problem is that we have misused and twisted God’s plan for sex. We ruin this beautiful gift from God by using sex wrongly. So we actually hurt ourselves with wrong kinds of sex that were never intended for us. Sex is like our other appetites. Just like our appetite for food is to keep our body strong and healthy, sex has 2 main purposes: for PLEASURE and PROCREATION or having children. So we must use our sex drive in the right way for it to work best for us. The only way sex can be fully enjoyed is in marriage. It’s not lust and desire for anybody we want, so we can just use them to make us feel good for the moment. God designed us so that sex we have with anyone who is not our wife or husband is not pleasure that will keep satisfying us for a lifetime, because it’s not a permanent, secure relationship. What’s more, sex with others you do not know well is extremely dangerous because of AIDS and other sexually transmitted diseases. Remember, you’re not only having sex with that one person, but you’re having sex with every other person they have ever had sex with! God intended sex to continually get better in marriage because you love and know each other better through the years. So even though your children are grown up, that does not mean sex has finished serving its purpose. God’s plan for sex is much more than that. Remember, sexual closeness in marriage is for both the husband’s and wife’s pleasure. That’s the kind of love God created for us to express and enjoy. Passionate love that satisfies your wife or husband and not just you. If you’re married and don’t enjoy close, intimate love in your relationship, then you’re missing one of the greatest gifts God has given to us human beings. So why not ask Jesus to forgive you for your wrongs in your life and marriage. Then ask Him to start changing you into a new person who learns to love your mate the way God wants you to. It’s only then that your marriage can start becoming the happy, satisfying one you want for the rest of your life. Just Think a Minute…

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Are Historical Figures in Tourism Still Relevant?

T

HE greatest threat to tourism is the environmental climate change which is driving travel in turmoil and weather dependent. Group tours and MICE (Meetings, Incentives, Conventions and Events) are now determined by the calm of the seas and the turbulence in the skies. No one heard of typhoons before in Northern Mindanao until Sendong devastated a large populated area near a river bank in Cagayan de Oro City. Communications and land travel to the nearby cities were disrupted immediately when road network suffered flooding and road cuts. In Pattaya, the force of a great tsunami originating from the Aceh Island of Indonesia send thousands of holiday seekers in the beach scampering from high end coastal resorts in Thailand in 2004. Total death toll was estimated by Indonesian authorities to have reached more than 127,000 from their islands up to the coast of Shrilangka. After the tragedy, it took years before infrastructures and hotels were rebuilt and European tourist’s confidence in Bali and Maldives to be restored. Last year an international typhoon code named Hian brought devastation along Solomon Islands in the Pacific the main strength was felt in Tacloban, Leyte and other areas in the Philippines that lie within its path. Many areas in the Eastern and Central Visayas were rendered calamity zones when airports and seaports became unserviceable as file of debris and cut off power lines disrupted people’s mobility. In 1984, a convention of the Pacific Area Travel Association (PATA) a grouping of marketing executives from the airlines, tour operators, hotels and resorts was held in Manila to discuss changing trends in travel and the preservations of culture and heritage as an emerging tourist attraction. The Asean countries held also a ministerial meeting later for conventions on open skies and removal of visa restrictions within Asian countries in the Pacific region. Each country participants during the two succeeding events presented historical figures of international tourist arrivals and new destinations. Travel in those years that followed have progressed with the introduction of big 747 aircrafts and other supersonic means that reduced travel time between countries. Government financial institutions as well as the Asian Development Bank were gathering data’s to guide entrepreneurs in forecasting their tourism investments and asses’ state bank’s lending exposures to the private sector.

Over two decades, there were many factors that came up and influence travel. One the Tourism H i - way is the political stability of By Ped Quiamjot a region, the second is the discovery of bacterial stress that brought in new sickness and epidemic like Bird’s flu, Saar’s and other biological threat that endangers tourist and travelers . Science has advanced in combating AIDS and preventing its spread, on c e a d re a d e d d i s e a s e that have plagued many promiscuous Asian countries. Education and changing lifestyles later have slowed down the disease. But one of the many recent developments appears that climate change has claimed many lives of travelers, tourist and a great percentage of the tourism infrastructures lost to devastations. The United Nations and the Word Bank recognized this threat and it has called member nations to reduce the green house effect which mitigates climate change bringing calamities, the cost to rehabilitate is too much to undertake. In the Philippines, we might be doing what is the opposite? More coal power plants are built in the country. Mining and mineral exploration in Surigao Provinces remains our top priority. More trees are cut faster than we can plant as forest reserves are eaten by eco-zones in Subic and Aurora, Quezon and more fuel guzzlers SUV vehicles are running in the streets of Metro Manila. Perhaps, the government agencies handling these areas have different agenda than the goals of the Department of Tourism? Climate change is not predictable, it can occur anywhere and anytime of the year. Typhoons even change its direction just as earthquakes may hit any hemisphere of the world. Tourism demand is a sensitive market that must be devoid of risk. In Mindanao, we might be creating more risk which brings us to the paraphrase of the words of Davao City Mayor, Rodrigo Duterte when he said “we do not need more laws but only good people in the government who must do their jobs”. What have we done more in this country to slow down climate change?

TRAVERSING

Defence Pact Without Future?

A

pril 4, 1949 has been a historical day: ten West European countries with the U.S.A. and Canada signed the “North Atlantic Contract and founded the NATO, the “North Atlantic Treaty Organization”. The so-called “Cold War” between the non-communist Western hemisphere and the communist Eastern hemisphere, dominated by the former Soviet Union, had become completely inflamed. Seven additional states, among them the former West Germany (Federal Republic of Germany), my home country followed and joined the alliance. The communist “Warsaw Pact Members” during that time, treated the NATO as an agressive and dangerous alliance. Look around nowadays, especially very updated during the Urkaine conflict. It seems that another “Cold War” is just around the corner. The anew rattle the sabre scares many countries. Back to history: for almost 45 years the NATO’s chief task has been to deter a “potential communist member”, who lives in the East. The expected and probable enemy has been found “on the other side of the NATO-borders”. The pro and contra regarding a NATO’s extension and expansion is indeed very evident. The inner climate between NATO partners streams undoubtedly and inevitably into an excessively crucial test and row. The global theatre of war against Al-Qaeda and other

terrorist groups has not yet H ave M y Say been won. But a promiment By Klaus Doring victim itself, the NATO, was borne to its grave already. National and international c om m e nt at or s s u n g t h e obituary - not only once and, since many years! Actually, the NATO should become a commonn bridge among all contradictor y positions, but it seems that only one thing is uniting the different caps: the intention of mutually taking advantage. Distressing! No doubts, the alliance NATO is still alive. But it’s really not enough to be a powerful military alliance, which “ends war within a few days”! +++ Email:doringklaus@gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines. blogspot.com or tune in to “Classics with Klaus Doring”, Sundays from 9 to 11 AM and 7 to 9 PM on 104.3 FM “Edge Radio Davao” or via www.myradiostream.com/ edgedavao.

Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all. ~Dale Carnegie

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Davao inventor touts crop dryer for cacao sector By CARMELITO Q. FRANCISCO Correspondent

DAVAO City -- An inventor based here is offering cacao drying equipment to not only reduce the drying period but also improve the quality of the product. Samuel M. Abrenilla, president of Coktek Philippines, has developed Moxtrak, drying equipment he initially developed for fruits and vegetables. Based on computations, Moxtrak drying costs about P3 per kilogram, about half of what is spent for traditional mechanical dr ying, Mr. Abrenilla claimed. This is said to be based on electricity use. Moxtrak is priced at about P400,000, or about P100,000 less than available mechanical drying equipment, the inventor said. Mr. Abrenilla said his e qu ipm e nt , w h i ch w a s a w a r d e d t h e Nat i o n a l

Intellectual Property Innovation Award in 2009, is a dehydrator and a lowerheat system that will only induce evaporation and can dry about 500 kgs of cacao in only eight hours. The same volume needs to be dried by a traditional mechanical dryer in several days. “The basic elements of the product will not be touched,” he said, pointing out that preserving these elements makes the product better when it is brought to the market. Mr. Abrenilla’s offer comes as the Cacao Industry Development Association of Mindanao has been looking for new technologies to boost

production efficiency. “We will consider this equipment, particularly its efficiency in relation to our production,” said Ireneo D. Dalayon, president of the association. L a s t y e a r, t h e c i t y government and the Agriculture department

damaged during the typhoon, forcing classes to be conducted in temporary shelters or makeshift rooms. The project was implemented upon the request of the barangay council which saw the learning environment as less than conducive and detrimental to the students’ education. NGCP granted the barangay’s request and commenced the renovation on October 15, 2013. It was completed two months after on December 16, 2013.

Before: Barangay Pasian’s learning center was completely damaged when Typhoon Pablo struck Compostela Valley in 2012. Catering to 91 pupils, classes had to be conducted in temporary shelters and make-shift rooms.

After: Responding to the barangay council’s request, NGCP spearheaded the renovation of the learning center. Two months after the project started, students were able to return to a more conducive learning environment.

technology and the facilities needed to improve the industry. Councilor Marissa S. Abella earlier said that the city council -- through the committee on agriculture, which she heads -- will look into how big the expansion areas would be. She said that,

based on available data, the city and Davao del Norte are among the biggest cacao producers in the country. City Agriculturist Rocelio T. Tabay said the city government is looking at increasing cacao production area from 2,800 hectares to 10,000 hectares.

DAR turns over PHL agribusiness, mining lagging in reforms 756 hectares in DESPITE an increase in efforts issues raised by businesses were suffer because of the damage Zamboanga del Norte to address issues in the business rated as “no longer relevant,” they do to environment,” he AGRARIAN reform beneficiaries (ARBs) in Z a m b o a n g a d e l No r t e recently received 756 hectares of agricultural land, according to a statement from the land reform agency last week. Department of Agrarian Reform (DAR) Secretary Virgilio R. de los Reyes distributed a total of 464 certificates of land ownership dar/PAGE 11

NGCP rebuilds school in typhoon-damaged community In 2012, Barangay Pasian, Monkayo, Compostela Valley lost most of its infrastructure, including several schools and learning centers, to Typhoon Pablo. Two years after, NGCP continues to provide assistance to affected re s i d e nt s of B a r a n g ay Pasian, a host to NGCP’s t ransmission faci lit ies, through the renovation of a student learning center. The barangay’s learning center, which caters to 91 pupils, was completely

agreed to partner in expanding the city’s cacao production area. Although there’s no money available yet for that partnership, Agriculture Regional Officer-in-Charge Remelyn R. Recoter said her agency will provide the city government with both the

NGCP stated that, as a host community, Barangay Pasian plays a very important role in ensuring the safety and reliability of transmission lines and facilities. “As one of our host communities and partners in protecting the Mindanao grid, NGCP extends its supp or t to Brgy. Pasian’s continuous infrastructure rehabilitation. They can be assured that NGCP is also continuously looking for opportunities to aid in their recovery and overall development after Typhoon Pablo,” Corporate Affairs Department Head, Nelson Cabangon, said. NGCP is a privately owned corporation in charge of operating, maintaining, and developing the country’s power grid. It transmits highvoltage electricity through “power superhighways” that include the interconnected system of transmission lines, towers, substations, and related assets. As a corporation with a public service orientation, NGCP p ar t ne rs w it h rel e v ant institutions to support the communities hosting its transmission facilities, which it considers as true partners in nation-building.

sector, the agribusiness and mining sectors remain lagging in terms of improvement, according to the latest report by the Joint Foreign Chambers of the Philippines (JFCP). Of the 471 policy recommendations from foreign and local businesses laid out in 2010, JFCP’s Arangkada Philippines report showed 73.26 percent were progressing while 26.97 p ercent were rated as not ongoing or even regressing. The numbers improved from the 2012 report, with 65 percent of the recommendations progressing and 35.41 percent were not ongoing or regressing. H o w e v e r, i m p r o v i n g numbers does not necessarily translate to improvement in the business sector, Ian Porter, Australia-New Zealand Chamber of Commerce of the Philippines Inc. president, told reporters after the third Arangkada forum in Makati City on Wednesday. “You can’t just say we’ve had great success in achieving this kind of the number of recommendations which have progressed. You have to look at what recommendations are not ongoing or have regressed,” Porter said. Government actions on

“having gone backward,” “not ongoing,” “started,” “having made substantial progress” or “completed.” Arangkada Philippines is a comprehensive advocacy p ap e r i nt e n d e d t o s h a re recommendations that should lead to the creation of $75 billion in new foreign investments, 10 million jobs and over P1 trillion in revenue for the Philippines within this decade. JFCP named seven big winner sectors: agribusiness, business processing, creative industries, infrastructure, m anu f a c tu r i ng , l o g ist i c s , mining, and tourism. ‘Unperforming’ winners Of the winners, Porter said agribusiness and mining were “unperforming” and both were key to the future of the economy. “Ag r ibusiness is a big issue in the Philippines. It is a ver y crucial area as it feeds manufacturing, and manufacturing is where the employment growth is,” he said. “Mining hasn’t progressed at all. Illegal mining has progressed. The economy is suffering because illegal miners don’t pay revenue to the government and people

said. “The Philippines has great opportunity in mining and should create a responsible, e nv i ron m e nt a l ly f r i e n d ly mining regime that could create thousands of jobs,” Porter added. The poverty incidence was 25.2 percent in 2012, latest government data show, while the unemployment rate was 6.8 percent last October. R ob er to de O c amp o, Philippine Veterans B ank chairman, said these two sectors need immediate government attention in order to create more jobs for inclusive growth. Julian Payne, Canadian Chamber of Commerce of the Philippines Inc. president, said most mines are located in remote areas where unemployment is highest. “ Therefore mining has a huge impact in reducing unemployment in remote areas where it is high,” he said. John Forbes, American Chamber of Commerce of the Philippines senior adviser, said the government should not wait for issues to take place and should plan ahead. “Each reform is a brick and a house is strong if all the bricks are put together properly,” Forbes said.

2013 Gawad Saka Regional Search. To propel the search for outstanding achievers in agriculture and fisheries, the members of the Department of Agriculture-10 (DA-10) Gawad Saka Regional Search and Evaluation Committee have recently convened. Out of the 25 search categories, the committee is eyeing for 20 entries under the 15 categories in the regional level, which will be evaluated on the first week of March 2014. These include outstanding sugarcane farmer, corn farmer, rice farmer, high value crops farmer, small animal raiser, rural improvement club, small farmer/ fisherfolk organization, Municipal Fisheries and Aquatic Resources Management Council (MFARMC), City Agriculture and Fisheries Council (CAFC), young farmers’ organization, fisherfolk for mariculture, fisherfolk for aquaculture, organic agriculture, agri-entrepreneur and farm family. Regional winners will be endorsed for evaluation to the national-level competition. With the entries coming in for the search, the committee hopes that the region will once again have national winners this year and looks forward for an intensified campaign in tapping potential achievers in the field of agriculture and fisheries for next year’s search. (Vanessa Mae Siano, DA-RAFID 10)

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

Lifestyle

The Night Stalker: DZMM's Konsyumer Pinoy Food atbp comes Festival this March in Seda to CDO

Centrio’s Misto

Mike Baños Representing Konsumanteng Kagay-anon, Inc. in the taping of the first ever episode of Konsymer atbp at SM Cagayan de Oro .

Mike Baños explains to hosts DTI Usec “Ate Zeny” Maglaya and DZMM’s “Kuya Alvin” Elchico KKI’s role in helping promote consumer welfare and protection in Cagayan de Oro.

Seda Centrio’s Misto lobby dining restaurant is introducing a Filipino Food Festival for March. “This is on top of our usual À la carte selection and Lokal Favorites Weekend Buffet,” said Hotel Manager Lorenzo Tang. “We will offer a buffet selection every Wednesday, Thursday and Friday of each week from 6-10PM that will highlight the specialties of each region starting with Mindanao delicacies this week and moving on to the Visayas, Luzon and Pinoy Food in general in the following weeks.” Mr. Tang said they want ZC Eatery’s iconic humba to cater great local food at a reasonable price and the midweek food festival will be available at only PhP 450 Nett per person. But that ain’t all you’ll be getting for that. “We will also be presenting in Al Fresco (poolside) from 7 to 8.30pm, a cultural dance in line with the current theme of the food festival,” Mr. Tang said. Following the Filipino Food Festival for March, Seda Centrio will be flying in an Italian chef to Lechon-manok-Bisaya highlight traditional Italian Food from the second week of April to the first half of May. More details on that from this column so keep your eyes peeled!

Kalderetang-Kanding

Sinugbang-Bangus

Native-Litson

Audience consisted mostly of high school students competing in the Konsyumer Quiz

Honey Caragos, president of the CDO ICT Council and CEO of Syntactics, Inc. give an overview of the ICT industry in Cagayan de Oro

Vivian Libao of PUYO Handicrafts shows off one of her products to Ate Zeny...

The winning team from CDO City National High School with their coach Mr. Sanchez (3rd from left) and team members Mohammed T. Baulo, Junnifer Lofranco and Jason G. Macapayag with the Board of Judges, DTI OIC-ARD Linda Boniao and hosts Usec Ate Zeny Maglaya and Kuya Alvin Elchico.

After a sudden death playoff, we had another tie between Angeles Sisters National High School and CDO City National High School.

It's the turn of Col Virgilio Jose to explain the story of his famous Vjandep Pastel.

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Power... from page 2

the overall restoration of electricity, but agencies like the Department of Energy and the Department of Budget and Management have not responded yet to their plea. “We are happy to the assurance of the President that he will approve the release of the said amount with the instruction to the Department of Energy for immediate implementation,” he said. Dayanghirang said that in Cateel alone, 27 barangays remain in the dark given that its main electrical line is only single-phase. He said that with the singlephase electrical line, commercial firms cannot operate efficiently because of the lack of power. Dayanghirang said the amount being requested is enough to restore and normalize the flow of electricity to all the affected barangays and

towns. Cateel was the president’s first stop of his sortie on calamityaffected communities in the country in line with the commemoration of the 28th Edsa People Power Revolution. He then proceeded to Bohol, Cebu and Tacloban City. In his speech, President Aquino bared he called Energy Secretary Petilla, Budget and Management Secretary Florencio Abad and the administrator of the National Electrification Administration after he learned that electricity has not been fully restored in the typhoonaffected areas in Davao Oriental. “Ang sagot sa akin, mayroon na pong pending request ang NEA, ang sagot ng DBM wala po sa aming ni-request. Tinatanong ko ngayon ang DOE, nasaan ba talaga ang request na iyan? Buti pa sa tagal ng beses na tinanong sa inyo ito, bago ako umalis ng

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Cateel kailangan ko ng sagot na matino at maayos,” he said. The President said the cabinet members are aware that he seldom loses his patience. “Huwag sana nilang subukan,” (I hope they don’t try it) he pointed out. The Pesident cited the unity, and cooperation among the residents affected by typhoon Pablo to be resilient. He recalled that the government also responded by providing 508,234 food packs to the affected communities and the creation of the Task Force Pablo, to fast track and to coordinate the rehabilitation of the affected areas consequently providing P10.5-Billion. “Your government will no longer allow you to live in uncertainty with worries that the same calamity will occur again. The government aims for safe and durable dwellings for 17,480 residents in Davao Oriental

and Compostela Valley,” President Aquino said.

DTI... from page 2

fine fibres. After the turnover ceremony, all the 15 officers and operators of NAAPA experienced actual hands-on stripping using the new machine. The release of documents, on the other hand, was done at the DTI provincial office with NAAPA Chairman Priscilla Mae M. Albino and DTI Provincial Director Ermedio Abang signing the Memorandum of Agreement. The SSF project of DTI aims to improve the product quality and productivity of Microenterprises and Small and Medium Enterprises (MSMEs) of priority industry clusters all over the country. It is a public-private partnership (PPP) initiative which is being implemented through private sector partners who can provide facilities to house the machinery and equipment.

An industry leader for providing quality and affordable homes for the Filipino families, has recently established its Mindanao Operations and has opportunities for a COMPETENT Individual to lead and manage its new projects. JOB OPENING: PROJECT

MANAGER

MINIMUM QUALIFICATIONS: • LICENSED CIVIL ENGINEER • An output-oriented Team worker with a good positive attitude, organized, reliable, and trustworthy • At least 3 years intensive experience in building construction (preferably housing construction) holding supervisory (or higher) position. • Must be very good in details and bears proficient/competent skills in Construction Planning/Scheduling, estimating (quantity take-off and costing), MS Office, and software applications related to engineering/construction and development. Interested and qualified applicants may email their application and complete resume addressed to: The HR Manager MCDC - Ecoverde Homes, CDO Email: mcdc.cdo@gmail.com For inquiries, please call (08822) 745-755/732-345.

Pryce Plaza Hotel Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservations@pryceplaza.ph

---------------------------------

CHANANTHON BED & BREAKFAST BOOKS TURN-OVER- Misamis Oriental VICE GOVERNOR JOEY G. PELAEZ, along with the Barangay Pook Officials and School teachers, turn-over high quality books to Pook Elementary School in Barangay Pook, Talisayan, Misamis Oriental last February 11, 2014. The said book donation is made possible through the generosity of Children International Philippines Incorporated (CIPI) and aligned with Vice Governor Pelaez’ advocacy of uplifting the competence of every student in the province.Vice Governor Pelaez is the Chairman of the Committee of Education in the Sangguniang Panlalawigan.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 18 Cagayan de Oro City NOTICE OF EXTRA-JUDICIAL SALE File No. 2014-019 Upon extra-judicial petition for sale under Act 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND or PAGIBIG FUND, Mortgagee, against CHERYL I. ROSETE, mortgagor, with postal address at Rural Bank of Oroquieta,Barrientos St. Oroquieta City,to satisfy the mortgage indebtedness of NINE HUNDRED EIGHTY FOUR THOUSAND EIGHT HUNDRED FIFTY SIX PESOS and 30/100 (Php 984,856.30), inclusive of interest and penalty charges as of December 18,2013,plus expenses of foreclosure,the undersigned Sheriff will sell at public auction on March 14, 2014 at 9:00 a.m. to 4:00 p.m. at the Regional Trial Court,Branch 18,Room 117,Hll of Justice, Hayes St., Cagayan de Oro City, to the highest bidder for CASH and in Philippines Currency,the following property described below including all existing improvements found thereon,to wit: TCT No. T-184247 A PARCEL OF LAND (Lot 23,Block 20, Psd-104305017450,being a portion of Lot 3017-B, Psd-10-000810),including all improvements found thereon, situated in the Barrio of Carmen and Pagatpat,City of Cagayan de Oro, Island of Mindanao, Containing an area of ONE HUNDRED THIRTY SEVEN (137) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the above-stated time and date. 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 may investigate for themselves the title herein above-described and encumbrance thereon, if any there be. Cagayan de Oro City, February 13, 2014.

FOR THE EX-OFFICIO PROVINCIAL SHERRIF

(Sgd.) NIZA P. TACANDONG Sheriff IV BWM: Feb. 26, Mar. 5 & 12, 2014

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN THE MATTER OF Pet. for Not. Com No. 028-07-2014 PETITION FOR RENEWAL OF COMMISSION AS NOTARY PUBLIC ATTY. JONATHAN M. PUNO, Petitioner. X - - - - - - - - - - - - - - - - - -- - - - - - - - /

NOTICE OF HEARING NOTICE is hereby given that a summary hearing on the petition for notarial commission of Atty. Jonathan M. Puno shall be on March 24, 2014 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.

(Sgd.) DENNIS P. VICOY Acting Presiding Judge BWM: Feb. 26, Mar. 5 & 12, 2014

CM Recto Avenue, Cagayan de Oro City Tel. #: 856-81-89 / 309-3095 / 231-2103 Email ad : chananthonbb@yahoo.com Room @ P800.00

COMMERCIAL SPACE FOR RENT

CONTACT PERSON: RAYLYN LANTACA

---------------------------------

NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservation@yahoo.com

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Glitch... from page 1

not able to commit exact schedule yet as of Friday afternoon. “Target date of the units’ restoration will be known as soon as the technical assessment and evaluation is completed,” the company stressed. The facility went off-line dawn of Thursday as the entire Mindanao grid was also plunged into system-wide power interruptions. The Department of Energy (DOE) has indicated in briefings with the media that power supply in Mindanao grid cannot be brought back in full yet, up until the Steag coal plant returns to operation. The Mindanao coal plant sited at the Phividec Industrial Estate in Misamis Oriental has two units of 105-MW capacity each. It started commercial operations in 2006, and since then, it became a major source of supply for the region. It also enhanced power mix diversification in the grid, which traditionally relied with hydropower plants.

Rehab... from page 1

100 hectares with forest and agroforest trees this year. The project aims to plant 1 million trees in 10 years for the benefit of present and future generation of Matigalogs. This year, the partnership aims to reforest 100 hectares with the first 50 of an estimated 250 Matigsalog families that will be involved in the whole project. “We view the carbon sink project as a critical component to the success of Therma South as we believe that a successful business is a responsible business,” Therma South president and COO Benjamin A. Cariaso Jr, said. Carbon footprint is a measure of the total greenhouse gas and carbon consumed in the conduct of any activity by organizations and individuals like transportation and consumption of goods that required manufacturing. “Industries, businesses and individuals leave a carbon footprint in the conduct of our daily activities. All

of us have to work together to reduce our carbon footprint on the earth. This carbon sink is our company’s share and we look forward to working with our stakeholders in further reducing human carbon footprint,” Cariaso added. Therma South’s carbon sink project will offset the carbon footprint of the operations of the 300-MW baseload power plant being constructed by Therma South in southern Davao City and the municipality of Sta. Cruz. The power plant is set for completion next year. The partnership received the support of the National Commission for Indigenous Peoples (NCIP), which issued the certificate of precondition. The certification allowed the Matigsalog tribe to partner with Therma South in reforesting and rehabilitating an initial 500-hectares of ancestral land in barangay Marahan in Marilog. Cariaso said Therma South is still looking for other areas so it could expand its carbon sink to up to 1,000 hectares. The Matigsalogs were given capacity training and have now established their central nursery, which is now a major livelihood project for the community. The community was also a recipient of a rural solar electrification program, also funded by Therma South and the Aboitiz Foundation. The carbon sink area, part of a much larger ancestral domain land of the Matigsalogs, also feeds into the watershed supplying water to Davao City. The trees that will be planted are mostly endemic to the area, mixed with agro-forest trees that will hopefully bring additional income to the community in the near future. The Matigalogs will continue to own their land and will own the trees planted on it. Groupwide, the Aboitiz group is pushing the Aboitiz Passio for Agroforest and Reforest to Keep (APARK), which aims to plant and survive 3 million trees nationwide by 2015. The group is so far advance in its targets with 2.74 million trees surviving as of early 2013. Last July 20, more than 61,000 seedlings were planted by different Aboitiz units all over the country.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 20 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF File No. 2014-046 Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118,filed by YUSAY CREDIT & FINANCE CORPORATION, Cagayan de Oro City, against ALFREDO S. MAGNO married to ALOMA C. MAGNO,with postal address at 1561-Bontog,Camaman-an,Cagayan de Oro City, to satisfy the mortgage indebtedness which at present amounted to THREE HUNDRED FIFTY THOUSAND PESOS (Php 350,000.00), Philippine currency, exclusive of interest & penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at public auction on March 31,2014, at 10:00 a.m. or soon thereafter at the main entrance of the RTC-BR.20,Hall of Justice lobby, Hayes St., Cagayan de Oro City to the highest bidder, for CASH in Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit: TRANSFER CERT.OF TITLE NO. T-160541 “A PARCEL OF LAND INCLUDING IMPROVEMENT THEREON: (Lot 1-B-4, Psd-10-045946,Portion of Lot 1-B,Psd – 10-043409,As Surveyed for : Alfredo S. Magno ; Land Use : Mangoes & Bananas; Location : Bugo, Cagayan de Oro City. Island of Mindanao. Bounded on the SE., line 8-9 by Lot 1-B-1,Line 9-10 by Lot 1-B-2,lines 10-11-12 by Lot 1-B-3,all of Psd-10-045946,line 12-13 by Lot 19708; SW., lines 13-14-15-16 by Lot 19712, lines 16-1718-19 by Lot 19699, all of Cad -369-D,lines 19-20-21-22-23-24-25 By Lot 3, Pcs -10-001773 Dried Bolocboloc Creek; NW., lines 2526-1 by Lot 1-A,Psd-10-043409,lines 1-2 by Lot 3,Pcs-10-001773 Dried Bolocboloc Creek, NE., 2-3 by Lot 21083, Lines 3-4-5 by Lot 19705 lines 5-6-7 by Lot 19706, line 7-8 by Lot 19707, all of Csd-369-D xxx. Registered in the name of ALFREDO S. MAGNO married to ALOMA C. MAGNO. Containing an area of NINETY THOUSAND (90,000) SQ .M. more or less.” All sealed bids must be submitted to the undersigned on the abovestated time and date. 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 may investigate for themselves the title herein above-described and encumbrances thereon, if any there be. Cagayan de Oro City, Philippines, February 20, 2014.

FOR : THE PROVINCIAL SHERIFF BY:

(Sgd.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

BWM: Feb. 26, Mar. 5 & 12, 2014

DRRM... from page 1

natural resources and black-sand beaches, among others, the town of Sto. Domingo is also home to such natural hazards as typhoons, storm surges, tsunamis, volcanic eruptions, landslides, lahar flows, earthquakes, liquefaction and sedimentation, etc. “We are the only town in Albay that has all the hazards,” said Mayor Herbie Aguas. Aguas recently received for Sto. Domingo the Gawad Kalasag award for disaster preparedness, the first such recognition that the young mayor said maybe the first step in duplicating the feat of Gov. Joey Sarte Salceda who made Albay a Gawad Kalasag hall of famer in 3 short years. “Sto. Domingo is now the safest place in Albay and the Philippines,” he said, referring to what the Gawad Kalasag award meant to the town. But it was not always like that. Natural hazards: Located at the foot of the famous Mayon Volcano, Sto. Domingo is also buffeted typhoons. In fact, 30 percent of the at least 22 typhoons visiting the country every year hit the town. Plus, the constant and every present threat of volcanic eruption, among others. When Aguas took his oath of office during his first term as mayor in 2001 at the age of 26 (he is now 39), Mayon was raining volcanic ash in the town. When the DRRM law or R.A. 10121 was enacted in 2010, Sto. Domingo was the first to adopt the measure and institutionalized the creation of the Municipal Disaster and Risk Reduction Management Office and constitution of the Municipal Disaster and Risk Reduction Management Council. The creation and constitution of the MDRRMO and MDRRMC led to the adoption of the Municipal Disaster and Risk Reduction Management (MDRRM) Plan, which was ratified by the Albay Provincial Board. Sto. Domingo has the sole distinction of being the only community — despite only a 4th class municipality — in the whole Philippines where all barangays have their own fully functioning Barangay Disaster and Risk Reduction Management Office and BDRRM Committee. Zero Casualty: Aguas proudly said that all residents of Sto. Domingo know the risks and vulnerabilities of their barangays and who among them are most at risk and vulnerable to the different hazards or threats in

their barangays. This alone greatly helps in attaining the goal of the MDRRMO/C to have zero casualty when disaster strikes. Aside from being the only municipality in the Philippines where Bonifacio’s monument (instead of Dr. Jose Rizal’s) proudly stand in the middle of the town plaza, Sto. Domingo is also the only municipality whose DRMM pillars of preparedness, mitigation, response and rehabilitation are fully complete. As part of its preparedness, every one of the 23 barangays has a complete set of hazard maps for the different hazards within the barangay, aside of course from the hazard maps for the municipality. Each barangay also has a complete evacuation route map for every calamity that may afflict the barangay. “All residents know the risks in their barangays and those who are most at risks and vulnerable. There is already a masterlist in every barangay so that in times of disaster we know who to evacuate first. The people are fully knowledgeable and aware of our plans and programs because of our continuous educational campaign,” said Aguas. Disaster Communication: Like the provincial government, Sto. Domingo has installed a disaster communication network with the help of Globe Telecom where every barangay is connected so that no one will be caught unaware of any impending disaster. “Three days before Yolanda entered the Philippine area of responsibility, we already conducted three preparatory meetings and have conducted preemptive evacuation of the most vulnerable,” the bachelor mayor said. “Communication plays a vital role in disaster and risk reduction management,” he added. Small but terrible: Sto. Domingo maybe a small and 4th class municipality but it is a giant in disaster and risk reduction management and resiliency program. And like Albay, where DRMM plan/program/policy copyright is nonsense — “we don’t believe in copyrights here when it comes of disaster plans, only copy lift,” said Dr. Cedric Daep, executive director of the Climate Change Academy — Sto. Domingo is happy to share its knowledge and experiences in DRMM. Today (Feb. 5, Wednesday), Aguas and Gov. Salceda will share before Kagay-anons their knowledge in DRMM in a forum at Xavier

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2014-040 Upon Extra-Judicial Petition for Sale under Act 3155 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund), a government financial institution duly organized and existing under and by virtue of Republic Act No. 9679,with principal office at The Atrium of Makati, Makati Avenue, Makati City and with branch office at PAG-IBIG Fund Bldg., J.R. Borja St., Cagayan de Oro City, against MICHELANGELA C. RAGPALA married to KENNETH P. RAGPALA, with postal address at No. 125,Adelfa Ext., Zone 7A,Carmen,Cagayan de Oro City, to satisfy the mortgage indebtedness which as of January 22,2014 amounts to THREE HUNDRED EIGHTEEN THOUSAND SIX HUNDRED FIFTY SIX PESOS & 32/100 (P318,656.32), Philippine Currency , inclusive of interest and penalty charges, exclusive of attorney’s fees and other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff will SELL at Public Auction on MARCH 31, 2014 at 10:00 0’clock in the morning or soon thereafter at the Court Room of Regional Trial Court, Branch 39, 2nd Floor, Hall of Justice Bldg., Arch.S. Hayes Street, Cagayan de Oro City, to the Highest Bidder, for CASH and in Philippine Currency, the real property mortgaged together with all improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-202341 Registered in the name of MICHELANGELA C. RAGPALA “A PARCEL OF LAND (Lot 3615-A-3, Block No. 1, PSD-10-005593, being a portion of Lot 3615-A, PSD-10-004675). Situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on x x x. Beginning at x x x; containing an area of Two Hundred Fifty (250) Square Meters, more or less.”

University. “We are very lucky that our governor is very conscious and active in disaster management… When it comes to development, wala kaming problema, walang politika. Our disaster management program clicked because of the participation of everybody,” Aguas said as he revealed that during his first term as mayor at 26 (in 2001), the Municipal Council majority is with the opposition. “But we were one in making disaster resiliency a part of our vision for our beloved municipality.”

Outages... from page 1

power from the Power Sector Assets and Liabilities Management Corp. (PSALM), the Aboitiz-owned Therma Marine Inc. (TMI) and the local hydro GerPhil Renewable Energy, Inc. (GREI). He said BUSECO’s peak demand is 23.06 MW, but they are short by about 9 MW. “PSALM and TMI could no longer provide [additional electricity to] us since Mindanao is short of around 200 MW,” he added. The BUSECO text advisory also said that the Interim Mindanao Electricity Market (IMEM), where distribution utilities can buy from private generators, is still suspended. It said: “IMEM was created so that in times of deficiency of supply we could tap new resources. But we noticed that every time there is real and actual deficiency, it is being suspended.” Chiong added that the results are voluntary load curtailment (VLC) and manual load dropping (MLD), he added. He said that in VLC, distribution utilities such as BUSECO can schedule rotational brownouts while in MLD, the National Grid Corporation of the Philippines (NGCP), a private consortium that allocates power supply, can drop supply without notice. As of this writing, NGCP, DOE, the National Power Corporation (Napocor) and the National Transmission Corporation (TransCo), still have not released a complete report on the problem while parts of Mindanao continue to experience brownouts due to power deficiency. In Malaybalay City, power interruptions began a day before the Mindanao-wide blackout on Feb. 27. The Feb. 26 brownout, however, is a different story. The Feb. 26 story REPUBLIC OF THE PHILIPPINES) ) SS.

AFFIDAVIT OF CLAIM WITH WAIVER OF RIGHTS We, ARMINDA MUGOT GALARRITA,ROSALIA MUGOT DOMLOAN,CANDIDA B. MUGOT,LORENZO B. MUGOT,LUCENA B. MUGOT,MELVA B. MUGOT AND BENJAMIN MUGOT all of legal age, Filipino, and residents of ZONE 4 ALO,EL SALVADOR MISAMIS ORIENTAL, after having been duly sworn in accordance with law, hereby depose and state, that: 1. We hereby declare that we are the only surviving heirs of the deceased depositor, VALERIANA B. MUGOT, who died on August 31, 2004, a copy of the Certificate of Date is hereto attached as Annex “A”. Likewise, we further state under pain/penalty of perjury ,punishable by imprisonment under the Revised Penal Code, that we do not know any other heirs of the decedent;further,decedent does not have any known debts or obligations unpaid at the time of his/her death; 2. At the time of his/her death, he /she left Savings Deposit Accounts/s with the Philippine Veterans Bank- CAGAYAN DE ORO Branch under Savings Account No. 0023373090100 with a balance of 383,198.17; 3. The aforesaid deposit is the only property/asset of the said deceased depositor; 4. We hereby request the Philippine Veterans Bank- CAGAYAN DE ORO Branch, to release the balance of the said deposit account in favor of LUCENA B.MUGOT and/or to transfer the balance of said deposit account to an in his/her name,we,his/her co-heirs,having waived our rights over the said deposit account in his/her favor. 5. We hereby hold the Philippine Veterans Bank free and harmless from any claim/suit that may be brought against it by reason of the release of the said amount in favor of LUCENA B.MUGOT and we hereby undertake to indemnity the said bank in the event it suffers damages should any heir or creditor subsequently claim deprivation of any rights by virtue of this release and settlement.

Prospective buyers/bidders may investigate for themselves the title herein-above described and Encumbrances thereon, if any there be. 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. Cagayan de Oro City, February 24, 2014. FOR THE EX-OFFICIO PROVINCIAL SHERIFF BY: BWM: Feb. 26, Mar. 5 & 12, 2014

In the Strictly Business News Conference on the day of the blackout, officials from BUSECO dispelled rumors that the then two-day brownouts were due to a sabotage of power lines. Melchie Nacalaban, newly installed manager of BUSECO’s Malaybalay branch, said the brownout on Feb. 26 was part of their preventive maintenance routine, “A cross-arm (a bracket in a power line pole) in Mamawag area [in Malaybalay] was spotted to have incurred minor damage. So we scheduled the 8-9 p.m. brownout to prevent further damage,” she said. Engr. Artis Nikki Tortola, chief operating officer of the Bukidnon Sub-transmission Corporation (BSTC), also belied claims that a transmission line in the province was faulty. “The line is not the problem. It’s the source that’s the issue,” he said. “It’s unfortunate but it affects not just BUSECO but also FIBECO [First Bukidnon Electric Cooperative, Inc.] and in fact, the whole Mindanao. That’s the extent of the problem due to generation deficiency,” Tortola added. BSTC is a private consortium of BUSECO and FIBECO, which had bought sub-transmission lines in the province from TransCo in 2011. They now own the Tagoloan-BUSECO 69 kV line, the Kibawe-MaramagAglayan-FIBECO 59 kV line and the Maramag-Pulangi lateral lines. FIBECO is another power distributor servicing the southern half of the province. MindaNews tried to contact FIBECO, but no reply was received yet. As for the power supply in Bukidnon, BUSECO said in its advisory that the MLDs and VLCs can still continue as long as power issues in Mindanao remain unaddressed. Currently, BUSECO is shutting power supply alternately in the Aglayan and Lunocan-San Vicente substations for six hours daily from March 1. The BUSECO advisory said power supply is mainly controlled by the NGCP-System Operations in Iligan City as ordered by the Mindanao Regional Control Center in Cagayan de Oro City. Aglayan substation serves Malaybalay, Cabanglasan, Lantapan and Talakag while the Lunocan-San Vicente substation serves Baungon, Libona, Malitbog, Manolo Fortich, Sumilao and Impasug-ong.

(Sgd.) JOSEPH C. MAAGAD Sheriff IV BWM: March 5, 12 & 19, 2014

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Aboitiz... from page 4

footprint by nearly 50%, with an emission reduction of more than 9,500 tons of CO2 equivalent.” The supply contract with AdventEnergy will see ADB purchase an average of 1.5 million kilowatt hours (kWh) of electricity a month. This will be supplemented by about 50,000 kWh generated monthly from ADB’s rooftop solar panels. These two sources will meet the entire energy requirements of the headquarters building, where more than 2,600 staff and consultants work each day. It also means ADB will no longer purchase electricity directly from the Manila Electric Company (Meralco), although it will continue to use the company’s distribution network. The move follows ADB’s decision to take advantage of electricity reforms in the Philippines which allow large users to choose their power supplier. The contract with AdventEnergy followed a competitive bidding process. It was selected as it was the only one to offer a large portion of its electricity generated from renewable sources.

Philex... from page 4

country’s biggest miner has already addressed its responsibilities, particularly on the impact of the tailings spill to the surrounding areas of Padcal in Benguet province. “The Technical Working Group on Environmental Protection and Legislation finds that Philex Mining Corp., based on the understanding of the nature of the incident and the direct and indirect interventions surrounding it, have made the remedial measures in accordance with the rehabilitation and clean up plan,” the MICC said in its report. A positive review by the MICC will pave way for the approval of the company’s request for the permanent lifting of the temporary permit to operate. The MICC said that Philex, for its immediate action plan, was able to complete the closure of Penstock A and its tunnel, as well as the decommissioning of Penstock B, which will be replaced by an open spillway. In addition, Philex has also addressed social responsibilities, particularly to communities affected by the tailings spill. The company also passed technical analysis, including heavy metal content in sediments, water, and wildlife within the affected areas. Philex Chairman Manuel V. Pangilinan earlier said that they have already filed an application before the Mines and Geosciences Bureau (MGB) for the permanent resumption of operations at Padcal, more than a year of rehabilitation and clean up operations in the areas affected by the tailings leak from its tailings storage facility No.3. He said that majority of the rehabilitation were conducted on the upstream side of Padcal mine-including the construction of the open spillway, clean up of the Agno River and Balog creek, as well as the rehabilitation of the tailings dam. In an interview on Monday, MGB Director Leo Jasareno confirmed that they have already received the report, but said they are reviewing the recommendations of the MICC. He said they are still waiting for the result of discussion between Philex and the Department of Environment and Natural Resources’ (DENR) Pollution Adjudication Board (PAB) on the company’s violations under the Republic Act No. 9275 or the Clean Water Act of 2004. “Once we have the official result of the talks PAB, only then we can come up with recommendation on the appeal of Philex,” Jasareno said. To recall, Philex president and chief executive Eulalio Austin said that they are also continuing informal discussions with the PAB, led by DENR Undersecretary Demetrio Ignacio. PAB, a quasi-judicial body, said earlier that Philex have committed three violations of the Clean Water Act of 2004--which includes failing

to comply with the effluent standards set by Department Administrative Order (DAO) No. 35; for two counts of violating the water quality criteria contained in DAO 34; and two counts of violating Section 27(a) of RA 9275. “We are appealing that case with the PAB…there are charges that we have a justification for. There are some charges that we think should not have been charged,” Austin said, adding that they were able to comply with Clean Water Act within three months after the tailings leak and that the water quality in affected areas area already within standards.

Lending... from page 5

liquidity conditions to complement price and financial stability which is a situation “conducive to sustainable economic growth.” BSP Governor Amando M. Tetangco Jr. said in mid-February that domestic liquidity growth “does not appear to be worrisome” as previously viewed. He still expects M3 will normalize this year. Tetangco said a “normal” M3 growth level is about 12 percent to 14 percent, however, the central bank does not specifically assign what would be considered a normal M3 growth. The completion of the operational adjustments in the BSP’s special deposit account facility will bring about the reduction in liquidity in the system. When the BSP banned investment managed accounts or the non-pooled funds from the SDAs which started in July and completed by end-November, about P1.3 trillion of funds exited the BSP facility.

Union... from page 5

management’s long-term strategy of building assets business based on consumers,” UnionBank said, adding that the infusion would support the expansion of CitySavings’ Luzon customer base. UnionBank’s profit grew 19 percent to P9 billion last year from P7.6 billion in 2012 on the back of consumer lending growth. Net interest income climbed 22 percent to P8.9 billion on loans and other receivables worth P142.1 billion, while other income increased 17 percent to P12.6 billion largely because of service charges, fees and commissions attributed to loans booked by CitySavings. UnionBank’s resources increased by 40 percent to P398.4 billion, while deposits increased 57 percent to P298.2 billion. The lender closed 2013 with a capital adequacy ratio of 18.5 percent and a tier 1 ration of 16 percent -both above the 10 percent minimum required by the Bangko Sentral ng Pilipinas (BSP). UnionBank and CitySavings ended last year with a combined branch network of 238.

BDO... from page 5

a total of 52 new branches nationwide. Accompanying earnings from its lending and deposit taking activities, the Bank also realized an aggregate amount of P12.8 billion in trading and foreign exchange gains. Fee based income continued to show steady improvement as it reached P15.5 billion, or an increase of 15 percent. Even as BDO maintained its expanding customer coverage around the country, operating expense remained manageable at P43.2 billion; growing by 9.5 percent. Asset quality continued to improve with the Bank’s non-performing loan (NPL) ratio falling to 1.6 percent from 2.8 percent the previous year. However, despite the NPL reduction, the Bank continued to adopt a conservative provisioning strategy by setting aside provisions amounting to P7.0 billion as a result of continued loan growth. Coverage ratio therefore currently stands at 171 percent. After its US$1 billion rights offering in 2012, the Bank’s capital base currently stands at P164 billion, the largest in the industry as of end-

11

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2013. Its Capital Adequacy Ratio (CAR) and Tier 1 Capital ratio are at 15.8 percent and 14.6 percent respectively; ready for Basel III implementation that started in January 2014. BDO’s Return on Common Equity (ROCE) improved to 14.5 percent from 2012’s 12.0 percent. With the Philippine economy expected to sustain its growth momentum this year, BDO said it is fully equipped to realize the promising growth opportunities in its customer segments by capitalizing on its established business franchise and wide distribution network.

DAR... from page 7

award (CLOAs) to 394 beneficiaries from Godod, Sirawai, Siayan and Singanan towns and Dapitan City. The bulk of the CLOAs or 297 went to Gogod; 34, to Sirawai; 81, to Siayan

and Sindangan; and 52, to Dapitan City. The P58-million Dipolog Communal Irrigation System in Galas, Dipolog City, also saw groundbreaking, according to the statement. The system is funded by the Agrarian Reform Communities Project Phase II, with 50% counterpart financing from the Dipolog City government, and is expected to be completed in 210 days.

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In the publication dated February 17,24,and March 3, 2014, RTC Misamis Oriental, Sheriff’s Notice of Sale, File No. 2014-003,Pagibig Fund mortgagee against GIL DRETCH B. NAILON, mortgagor , TRANSFER CERTIFICATE OF TITLE No. 137-2011001116. Not as published.Our Apology. Ads Taker

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte AIZA PUSO OGILVIE, CIVIL CASE NO. 07-751 Petitioner, - for - versus Declaration of Nullity of a Void Marriage… ROBERT CONSTON OGILVIE, Respondent. x------------------------/ SUMMONS BY PUBLICATION TO: ROBERT CONSTON OGILVIE Barangay Camanjac, Dumaguete City

G R E E T I N G S!

WHEREAS, on February 17, 2014, the Court issued an order granting the petitioner’s Motion to Serve Summons by Publication, the dispositive portion of which reads as follows: “Finding the same to be well taken and in order, let a service of summons be made in the newspaper of general circulation within the province of Lanao del Norte for 3 consecutive weeks at the expense of the petitioner.”

WHEREAS, Petition reads: “PETITION

COMES NOW Petitioner through the undersigned counsel and unto this Honorable Court respectfully alleges: 1. That Petitioner is of legal age, Filipino, married, and with residence at Purok 4, Titunod, Kolambugan, Lanao del Norte, Philippines, while Respondent is of legal age, American Citizen, Pensioner and sojourning in Dumaguete City, Philippines as his last known whereabouts, married, and with permanent residence at 1671 N. Virginia St., #108 Reno Nevada, United States of America, where or his last place of whereabouts he may be served with summons and other legal processes; 2. That sometime in the first quarter of year 2007, the Petitioner came to know about the Respondent thru Internet Chat or Emails while the former was still seventeen years old, and few months later upon attaining the age of majority or marriageable age, the Respondent went to the place of residence of the Petitioner afore-stated and proposed an instant marriage which thus took place barely a week upon the Respondent’s arrival thereat. Thus on August 28, 2007, the parties herein tied the matrimonial knot before the Office of the Municipal Mayor of Maigo, Lanao del Norte which is an adjacent municipality of Kolambugan, Lanao del Norte. Their marriage was duly registered as evidenced by a CERTIFICATE OF MARRIAGE, hereto attached as Annex “A”; 3. That after a week only upon such marriage, the Respondent went back to America and practically abandoned the Petitioner, as he did not leave any penny for the support of the latter. And when they rejoined and lived together, they transferred to Dumaguete City, Philippines. In the early period of their union as spouses, the petitioner started to find the respondent acting indifferently and unusually as he took for granted his obligations as a husband. He hardly provided a budget for their sustenance. And he had been nagging the petitioner, to the extent of blaming the latter of his economic misery. As often the petitioner would overhear the respondent talking in his phone and imputing his financial hardship onto her; 4. That throughout their cohabitation the respondent would never entrust any budget to the petitioner, and worse when they went out to buy foods, the former would ask an accounting of even a peso of any change thus often it was the source of their tussle and trouble. And at the thick of their marital conflict, the respondent would go out and hang with women and it was painful since he left the petitioner home penniless with no means to survive, because she has no properties much less any savings. Most of the time, she would beg from friends and mere Filipina acquaintances for sustenance and survival. 5. In the year 2009, the Respondent totally abandoned the petitioner, as they separated ways actually. The former went to somewhere and cannot be communicated, thus the latter opted to go home at Titunod, Kolambugan, Lanao del Norte and rejoined with her parents. After few months still in 2009, the Petitioner learned the fact of her pregnancy with the respondent. And still she could not trace the whereabouts of the respondent. Consequently on December 12, 2009, the petitioner delivered her only child named MEIL ARYANNA PUSO OGILVIE at her home, as shown in a CERTIFICATE OF LIVE BIRTH hereto attached as Annex “B”; 6. That up to the present, the parties herein did never find each other. In her inquiries with friends at Dumaguete City, the petitioner heard that the respondent had been sighted in the said locality with the company of different women. Thus, true to tell, the respondent had been an irresponsible husband to the petitioner, and a father to their child above-named; he had been remiss to comply with the basic and essential marital obligations of marriage as well as a father pursuant to the applicable and pertinent provisions of the Family Code of the Philippines specifically Articles 68 to 71 and 220 thereof; stated differently, the respondent is psychologically incapacitated to contract marriage particularly with the petitioner. And such incapacity is already present before marriage but manifested only after the solemnization of marriage, and such is so grave and that it is incurable; 7. That the psychological incapacity of the respondent would be established clinically and medically by the petitioner if required to do so at the discretion of the Honorable Court. And certainly the said incapacity is permanent. 8. That there is even reasonable suspicion by the petitioner that the respondent has been actually married abroad or at least husbanly bound in his country of origin as an American. Thus it is unfair for the petitioner being put in this predicament. Hence, a remedy in law should be eased up to her; 9. That the parties herein have no conjugal property of any kind whatsoever. And the child at present is in the custody of the petitioner at her stated address, which custody should remain with her due to the incapacity of the respondent. 10. That reconciliation is impossible, thus petitioner has no other recourse but to seek the declaration of nullity of their marriage grounded on psychological incapacity under Article 36 of the Family Code of the Philippines and as expounded in jurisprudence. WHEREFORE, premises considered, it is most respectfully prayed of this Honorable Court to render judgment: 1. Declaring the parties’ marriage solemnized on August 28, 2007 at Maigo, Lanao del Norte a nullity or null and void in view of the psychological incapacity of the respondent as provided under Article 36 of the Family Code of the Philippines; 2. To enter in the Book of Marriages, under Section 19 of the Rules on Declaration of Nullity of Marriage, the decree of such nullity, with the Local Civil Registry of Maigo, Lanao del Norte; 3. Granting custody of the child above-named to the petitioner; and 4. For such other relief as may be just and equitable in the premises. Tubod, Lanao del Norte, Philippines, May 24, 2013. (Sgd.) ATTY. OSOP B. OMAR Counsel for the Petitioner Crossing Highway, Tubod, Lanao del Norte Roll No. 40476; 04/11/’96 IBP Lifetime Member No. 06835 PTR No. 1830155; 01-02-2013 Tubod, Lanao del Norte MCLE CERT. OF COMPLIANCE NO. IV-0000137; 06-29-2010 NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the above-quoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision in the IBP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a Motion to Dismiss and instead allege the grounds thereof as defenses in the Answer. Tubod, Lanao del Norte, February 24, 2014. (Sgd.) ATTY. MARIA PTV ZALSOS-UYCHIAT, CPA Clerk of Court VI BWM: Feb. 26, Mar. 5 & 12, 2014

ASIA WORLD PAWNSHOP

Main: Osmeña-Cogon Market, Cagayan de Oro Branch: Ipil,Carmen , Cagayan de Oro NOTICE OF AUCTION SALE Starting March 7 , 2014 at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since October 2013 . Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO

Sa Marso 7, 2013 sa may 9:00 sa buntag paingon da alas 5:00 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa Oktobre 2013 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.

ANG TAGDUMALA

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

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