Issuu

BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 139

AS OF 6:00 PM MAY 7, 2021 (FRIDAY)

FOREX

PHISIX

US$1 = P 47.855

6,258.71

X Briefly

cents

24.07

YOUR MINDANAO-WIDE BUSINESS PAPER

RELIABLE

www.businessweekmindanao.com

Market Indicators

points

Coffee for Peace DAVAO City — Social enterprise Cof fee For Peace said it is supporting pop-up coffee shops, set up mostly by displaced b ar i s t a s, w h i c h h ave started to crop up in this city. Felicitas B. Pantoja, founder and chief executive officer of Coffee For Peace, Inc., said some former café workers af fected by the coronavirus pandemic engaged with the organization to source coffee. She said prices have been adjusted to accommodate the new entrepreneurs and keep retail prices low.

BARMM biz registrations C O TA B AT O C i t y – Despite the coronavirus disease 2019 (Covid-19) pandemic, the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has approved a total of 4,740 business name registrations (BNRs) for the first quarter of this year. Records from the Bureau of Trade and Industry (BTI) under the Ministry of Trade, Investments and Tourism (MTIT) of BARMM showed that the significant increase in BNRs this year is 300 percent higher compared to the 1,251 business registrations for the same period in 2020. “The BNRs from January to March this year had also generated some P423million investment cost and 10,109 employment during the period,” MTITBARMM Minister Abuamri Taddik said in a statement released Thursday.

We strive for Excellence!

Philippine Press Institute Civic Journalism Community Press awardee for the following: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting 2018 Best in Business and Economic Reporting

IN-DEPTH

Mon-Tue|May 10-11, 2021

P15.00

Moro group seeks more time for Bangsa transition K Thank you for trusting us!

By BONG S. SARMIENTO, MindaNews

ORONADAL City – An umbrella of Moro civic groups in the country pressed Congress anew to immediately approve the proposal extending for another three years the transition period in the Bangsamoro region, considering that time is almost running out before lawmakers adjourn their session.

At the same time, the One Bangsamoro Movement, Inc. (1Bangsa), which counts at least 60 Moro groups as members, pleaded President Rodrigo Duterte to certify as priority measure the bill extending the transition period in the Bangsamoro Autonomous Region in Muslim Mindanao (ARMM), as his gift to Muslim Filipinos BANGSA/PAGE 7

Major expansion set for Mindanao fruit industry ABOUT 200,000 hectares of upland areas in Mindanao are being eyed for a largescale production of avocado and jackfruit, the Mindanao Development Aut horit y (M i n DA) sa id over t he weekend. “Over the next five years, MinDA will target 100,000 hectares for each of the two crops… and (generate) estimated earnings of $2 billion every year,” Secretary Emmanuel F. Piñol said in a statement on Friday. “These two crops will be

introduced as agro-industrial commodities in commercial scale and volume, instead of just backyard fruit trees for family consumption.” The proposal is part of the Mindanao Greening Progra m, which aims to develop ag r icu lt u ra l industries while rehabilitating and protecting the highlands from denudation. MinDA will host a virtual conference on May 17 to discuss the plan. A mong t he expected EXPANSION/PAGE 6

BOAT MAKER. It's a busy afternoon for these pump boat makers in Mabua, Surigao City. They can finish one boat in a week. mindanews photo by roel n. catoto

Sarangani bans non-residents from its top tourist destinations By MINDANEWS

GUARDIAN OF FOREST AND ARTS. Bae Mayhunan Cumatang, a Higaonon elder in Sitio Mintapod, Barangay Hagpa in Impasugong, Bukidnon takes a break inside their tulugan after doing farm chores on Wednesday (May 5, 2021). Also called Naytangkilan, she is the wife of Amay Mantangkilan Cumatang, who received in May 2012 the Darryl Posey Fellowship Award for "protecting his cultural heritage and ancestral forests." mindanews photo by h . marcos c . mordeno

GENERAL Santos City– Sarangani province’s top tourist destinations will be off-limits to non-residents starting Saturday, May 8, as it closes down its borders anew to non-essential travel until the end of the month due to the increasing COVID-19 cases. Sarangani Gov. Steve Chiongbian Solon directed the move through Executive Order (EO) No. 16 released on Wednesday night, which sets the implementation of stricter border control and other vital measures to mitigate the spread of the disease in the province. He said only essential travels

into the province will be allowed, with the movements limited to work-related purposes, accessing goods and services, seeking health care and other essential activities. The measure applies to land travel as well as sea transport via the Sarangani Bay and the Celebes Sea, he said. “ Tou r i sm e s t a bl i sh ment s/ facilities in Sarangani are closed (to) non-residents (until May 31),” the governor said. It will mainly affect beach resorts situated in its six coastal municipalities, especially the TOURIST/PAGE 7

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

P17-M VCO plant seen to boost Agusan Norte’s coco industry

BUTUAN CITY – A P17 million virgin coconut oil (VCO) processing plant that is set to rise in Jabonga town in Agusan del Norte is expected to boost the province’s coconut industry. “The processing plant is a big help for us. It will provide us market for our coconuts and the opportunity to venture into other livelihood activities,” Rebecca Felix, chairperson of the Libas Farmers Multi-Purpose Cooperative (LFMPC), told the Philippine News Agency (PNA) on Friday. The LFMPC, the project's partnerbeneficiary in the area, has 37 members, 70 percent of whom are coconut farmers, in Jabonga and the neighboring towns of Santiago and Kitcharao, she said.

Thursday's groundbreaking ceremony signaled the start of the construction of the plant, with the Philippine Coconut Authority (PCA) 13 (Caraga) handing over the funds to Jabonga’s municipal government. “The coconut farmers of Agusan del Norte are thankful to the administration of President Rodrigo Duterte for this opportunity given to us. We are also grateful to the PCA and our local leaders in the province and the municipality,” Felix said. Aside from Agusan del Norte, coconut farmers from neighboring towns in Surigao del Norte, Surigao del Sur, and Agusan del Sur can also benefit from the processing plant, she added. COCO/PAGE 7

Local

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

MON-TUE|MAY 10-11, 2021

‘One DA’ rolls up, forges strong ties with AFP to fight insurgency IMPASUGONG, Bukidnon—In a bid to further strengthen the government’s efforts to fight insurgency, the Department of Agriculture (DA)-10 recently launched the ‘One DA adopt a community’ in Sitio Mintapod, Hagpa, Impasug-ong, Bukidnon. DA-10 Regional Executive Director Carlene C. Collado said this project was forged following the success of the recently launched ‘One DA adopt a community’ in Sitio Kalhaan, Minalwang, Claveria, Misamis Oriental in partnership with the 4th Infantry Division, Philippine Army and the local government unit last April 14. “The ‘One DA’ project launching in Claveria town is the first in the country. It aims to assist and

rehabilitate the potential agri-communities in support of President Rodrigo Duterte’s Executive Order No. 70 or whole-of-nation approach through a vigorous agricultural development that could contribute to achieving peace and

development,” Collado said. He said the DA Regional Management Committee (RMC) in Northern Mindanao assists and supports the peace and development efforts of the government’s Task Force to End Local

Communist Armed Conflict (TF-ELCAC). “The ‘One DA’ is a holistic approach to agriculture and fisheries transformation with the contributions of the different RMC member agencies,” Collado added. (DA 10/PIA Bukidnon)

After its first launching in Sitio Kalhaan, Minalwang, Claveria, MisOr, DA-NorMin also launches the ‘One DA’ adopt a community in Sitio Mintapod, Hagpa, Impasugong, Bukidnon. (DA 10)

BALINGASAG, MISAMIS ORIENTAL National Highway Balingasag, Barangay 4, Balingasag, Misamis Oriental Mobile Number/s: 0933-823-3161, 0933-823-3304 Tel. Number: 333-5161 CAGAYAN DE ORO P&J Lim Building, Tiano Kalambagohan St., Barangay 14, Cagayan de Oro City, Misamis Oriental Tel No. (08822) 727-829 / 231-6629 Telefax No. (088) 856-1947 Mobile No. 0933-823-3303 / 0943-708-7065 CAGAYAN DE ORO WAREHOUSE Warehouse 7, Bonbon Road, Kauswagan, Cagayan de Oro City, Misamis Oriental Mobile No. 0917-825-4149 / 0943-708-7065 CARMEN, CAGAYAN DE ORO Vamenta Blvd., fronting CEPALCO, Carmen, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 233-2011 Mobile No. 0933-823-3159 CORRALES, CDO Corrales Ave., Barangay 29, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 231-2055

DIVISORIA, CDO A. Velez St., Barangay 9, Cagayan de Oro City, Misamis Oriental Telefax No. (088) 856-1947 Mobile No. 0917-841-4000 / 0933-823-3164 GINGOOG CITY G/F Wyne Militante Bldg., Lugod St., Barangay 22, Gingoog City, Misamis Oriental Telefax No. (088) 861-0104 Mobile No. 0933-823-3168 LAPASAN, CDO National Highway (FICCO Bldg.), Lapasan, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 231-6739 Mobile No. 0933-823-3160 PUERTO, CDO Purok 6, Puerto, Cagayan de Oro City, Misamis Oriental Tel. No. (088) 859-0574 Mobile No. 0943-708-7537 CAMIGUIN B. Aranas St., Poblacion, Mambajao, Camiguin Telefax No. (088) 387-0491 Mobile No. 0943-708-7539

Teaching Strategies in New Normal By: MARY CECILLE D. LUZANO Head Teacher I Panaon National High School

For the most countries, the school year is going to be finished via online classes and since there are so many unknowns when it comes to the virus itself and social distancing it is creating, teachers might think new

teaching strategies for the other school year that comes in new normal. We may not know what the future holds, but it’s important to be optimistic, especially when it comes to teaching students. It is also helpful to acknowledge a student’s work, commenting on what they did right and what they can improve at. Knowing that a student has your attention and is being assigned goals will help them motivated. Connecting to students is one of the most rewarding aspects of a professor’s job. As educators gear with the “new normal” set-up in this pandemic, this is the appropriate time to use our discomfort to forge a new paradigm. This is now the time for schools to ensure that teachers do not just translate what they do inside the classroom into their online teachings. Te a c h e r - d r i v e n discussions and lengthy lectures are no longer norms in this situation. In online learning, students are almost always divided on their focus that of their classes and their attention to their mobile gadgets. Teachers should innovate in the new normal by tapping the legitimate tools and resources. By being not only the issuer of educational content but a master curator of learning resources, teachers are designing efficient and effective synchronous and a s y nch ronou s l e ar n i ng activities for continuous engagement of students.

3 Jollibee’s London West End branch to open on May 20 R Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

MON-TUE|MAY 10-11, 2021

ESTAURANT operator Jollibee Foods Corp. (JFC) said on Thursday that its flagship European store at the London West End’s Leicester Square will open on May 20. “Opening in central London in such an iconic

CorporateWorld

location is a huge step forward for Jollibee. Behind the scenes, we have been perfecting our new menu items as well as planning our brand-new restaurant design,” said Dennis M. Flores, Jollibee group’s regional business head for Europe, Middle East, Asia, and

PH improves in Ease of Doing Business world report

DOING business in the Philippines continue to improve, mainly due to the initiatives instituted by the Anti-Red Tape Authority (ARTA). During the agency’s Ease of Doing Business (EODB) Summit, titled “Forging Forward, Overcoming Adversity: Ease of Doing Business in the Time of Pandemic”, on Thursday, ARTA Director General Jeremiah Belgica reported the country’s progress. The 2020 World Bank – Doing Business Report showed the Philippines ranked 95th out of 190 economies with a score of 62.8, jumping 29 notches from no. 124 and a score of 57.68 in 2019. The World Bank (WB) rates a country’s EODB performance based on 10

indicators that represent the life cycle of a business: Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading Across Borders, Enforcing Contracts, and Resolving Insolvency. “We significantly leapfrogged on three indicators – Protecting Minority Investors, Getting Credit, and Dealing with Construction Permits,” Belgica said. ARTA is doubling its efforts to further make positive changes in the EODB situation. Despite the pandemic, the agency was able to work on its goal of streamlining and reIMPROVES/PAGE 6

Australia, in a statement. Around 75% of its customers are British locals, the company said. Ernesto Tanmantiong, the restaurant operator’s president and chief executive officer, said the branch is part of Jollibee’s “continued

commitment to [expanding] in Europe.” The Jollibee group is eyeing to open 50 stores across the continent by 2025. Seven more branches are set to launch this year, including a store in Scotland in Edinburgh, in Cardiff,

Wales, and a store in Spain’s Madrid. “Globally, Jollibee Group plans to open 450 restaurants across its brands this year with the long-term goal of being one of the world’s top five restaurant operators,” Mr. Tanmantiong said.

Norwegian firms bat for easing of foreign restriction in RE investments NORWEGIAN companies that are interested to inject fresh capital into the country’s renewable energy (RE) sector have been batting for the easing of legal restraints on foreign ownership, primarily on solar and wind installations. In a virtual launch of the Report on RE Opportunities in the Philippines for Norwegian Companies, Norway Ambassador to the Philippines Bjørn Staurset Jahnsen sounded off that” the limits on foreign ownership is a challenge,” although he qualified that this is a predicament that can be surmounted once investors prudently navigate their way into the market. The Norwegian envoy qualified that while there are opportunities for

Norwegian companies in the energy sector, the Philippines is still widely regarded as “a challenging market,” thus, he advised the Norwegian firms “to know your market and you would have to be able to use resources and time to enter here.” During the event’s roundtable discussion, Senate Committee on Energy Chairman Sherwin T. Gatchalian has acknowledged that the restriction on foreign ownership is “a very tricky question,” primarily for wind and solar project installations. “I said it’s tricky because it’s never been tested although we’re continuously consulting legal experts, because this is actually a legal question – Constitutional and a legal question. And we’re

constantly consulting with our legal luminaries and legal experts on how to find some justification on allowing foreign investors to come in,” the lawmaker explained. It was the biomass sector that was first opened to full foreign equity ownership in 2019; then it was followed by the geothermal sector last year – through the declaration of that RE venture as mineral resource-based, hence, it can be covered by the Financial or Technical Assistance Agreement (FTAA) policy of the government. Gatchalian highlighted that if the country has to fully optimize enticements of capital flow for the 31,000 megawatts of RE potential in the Philippines, “we need foreign capital to come

in and I understand that foreign capital will not deluge in the country if they don’t have adequate control in their investments, so I do agree that foreign capital must come in so we can maximize that potential of 31GW (gigawatts),” and one way to hurdle that is relaxing Constitutional barriers on foreign ownership of RE projects. Director Mylene Capongcol of the Department of Energy (DOE) further indicated that “we’re still hoping that we’ll be able to find ways on how we’ll be able to improve the investment climate with respect to foreign ownership.” Apart from foreign equity restriction, Torbjørn Kirkeby-Garstad, senior vice president of RESTRICTION/PAGE 6

Opinion

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2020-04015. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

BUSINESSWEEK MINDANAO CORPORATION Publisher DANTE M. SUDARIA President/CEO ALLAN MARIO MEDIANTE Vice President for Corporate Affairs RUFINO T. MAGBANUA Vice President for Business Development VICENTE C. DELA VICTORIA Vice President for Operations JOE FELICILDA Vice President for Administration JOE PALABAO Vice President for Marketing

UPTOWN, C agayan de Oro — Foreign Secretary Teddy Boy Locsin may have lost his cool on China’s megaphone diplomacy over the disputed WPS. Fact is, the issue of China’s influence over the WPS has turned into a global media hype, vultured every inch of the issue by the western press. With no sign of backing up its claim in the disputed islands, China’s narratives on national security, political donations and media influence are indeed waxed with greed on a global scale. To deal with a world

SPEAKING OUT

Editor-in-Chief

MIKE BAÑOS

JUN AYENSA

Regional Editor - Caraga

MIKE BAÑOS Contributing Editors

ATTY. ANTONIO S. SORIANO

Feature Editor

2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

JOE PALABAO

Layout Artist

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

RIVA FELICILDA Advertising

MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell Nos.: 0955-366-5968 | 0918-527-5898 CECILIA FRESNIDO-HONRADE - New Marketing Manager

DAVAO MARKETING OFFICE Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City Telephone #: (082) 298-8815 Regional Mktg Manager-JOE PALABAO- 0926-8430152 Circulation-JOHN PAUL AQUINO, 0907-331-5640

Member: Philippine Press Institute Oro Chamber

Work until you win Think a minute… One day in 1894, Guglielmo returned to his room on the third floor of his parents’ house. He had spent several months of reading books and filling notebooks with detailed drawings and diagrams. Now it was time to work at bringing those drawings from paper into practical inventions to use in real life. He got up early every morning and worked all day until late at night, to the point that his mother began to seriously worry about his health. He worked so long and hard every day, barely stopping to eat or sleep, that he continued losing weight. Finally the day came when he announced to his family that he was ready to show them what he had been working tirelessly to build. They climbed the stairs to his room on the third floor. Guglielmo pushed a button which rang a bell down on the first floor. His mother was amazed and proud of her son. But his father was not! He saw no value or use in being able to send a signal over such a short distance. So Guglielmo kept on working.

THINK A MINUTE

power that is not, China has somehow risen her political populist agenda globally through the WPS claims. China’s so called growing global power is pretty much ‘worrisome’ indeed to the free world such that one false move would likely become a catastrophic scenario. No w t h e c a l l f o r a Duterte-Carpio debate on who to blame for the WPS fiasco is one laughing matter for China. The accusing fingers of Carpio against Duterte are irrelevant, more so insignificant in the eyes of

the public amid mounting pressure for Malacanang to take a stronger stance on the issue of the WPS. To put it bluntly, the Carpio runaround is nothing but a political dirt, a oneman maneuver out to discredit Duterte’s kid’s glove policy on China’s WPS claim. Be that as it may, what’s so relevant in this issue is the way how the US responds to the call of support as long-time ally. The recent flotilla of C hines e mi lit ia vess els anchored for a while at the WPS is nothing but a simple

UNRUFFLED

RUFFY MAGBANUA case of ‘testing the waters,’ so to speak. What’s happening there actually is a war of nerves. No more, no less. (ruffy44_ ph2000@yahoo.com)

Brigada ng Ayala

NELSON CONSTANTINO Motoring Editor

MON-TUE|MAY 10-11, 2021

China's megaphone diplomacy

ROSE MARY D. SUDARIA, PhD Vice President for Finance MIKE BAÑOS Vice President for Digital

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

IGNACIO BUNYE I would like to congratulate Ayala Foundation whose flagship project “Brigada ng Ayala” was recently recognized by an international publication as the “best CSR initiative” in the Philippines. Brigada ng Ayala is the Ayala group’s unified effort to support the Department of Education‘s Brigada Eskwela and Oplan Balik Eskwela programs. International Business Magazine, a Dubai, UAE– based publication, cited the Ayala group’s continuing efforts to support teachers and students in the public education system. The International Business Magazine Awards recognize “best in class achievements pertaining to budding industrial talent, global leaders, corporates …. across various spheres related with the international

business and finance arena.” This year’s set of awardees represent various industries and businesses in Asia, Africa, the Americas, Europe, and the Middle East. Spearheaded by Ayala Foundation and supported by the Ayala Group Human Resources C ouncil and Ayala Community for Social Impact, Brigada ng Ayala is the group’s effort to rally its 50,000-plus-strong citizens to serve public schools through volunteerism activities. Brigada ng Ayala is one of the expressions of the Ayala group’s continuing commitment to national development in the Philippines. “We at Ayala Foundation are grateful for this re c o g n it i on , e sp e c i a l ly b ecaus e it came as we are celebrating our 60th anniversar y,” said Ayala Foundation President Ruel Mar an an . “B r i g a d a n g Ayala is our unified and sustained way of assisting our teachers and students in the public education system. Our education programs, including Brigada ng Ayala, serve as an expression of our continuing faith in the Filipino.” Several runs of Brigada ng Ayala were conducted in previous years. Every year,

the number of supporters and participants grew. In 2020, even in the face of the COVID-19 pandemic, Brigada ng Ayala continued to serve public schools all over the country. This time, Brigada ng Ayala sought to address some of the urgent needs of teachers and students during the “new normal” of education. These included the provision of health and hygiene kits, the provision of hand-washing facilities, and access to online resources. As of Januar y 2021, over 258 schools have been served, reaching at least 5,600 teachers and 21,000 students, and resources valued at PhP181.5 million have been deployed. In addition, the Department of Education itself has officially recognized the Ayala group’s contribution to education. In the last 5 years alone, the Ayala group has invested over PhP500 million in terms of support for the public education system. In three separate occasions, Ayala Foundation, distributed at least 2,100 learning and hygiene kits as well as home prepaid WiFi kits for students and teachers in Batangas, Quezon, and Rizal. I n B a t a n g a s , Ay a l a

Foundation led the turnover of 500 health and hygiene kits called “EduCare kits” to the Batangas provincial government. Aside from the EduCare kits, the Ayala group also turned over boxes of food, 7,500 disposable face masks, and 200 (personal p r o t e c t i v e e q u i p m e nt ) gowns to aid the province’s COVID-19 response. In the municipality of Balete, Batangas, the Brigada ng Ayala initiative turned over 300 EduCare kits and 22 units of Globe at Home prepaid Wi-Fi devices. Mayor Wilson Maralit and Vice Mayor Alvin Payo of Balete, Batangas, personally received the donations on behalf of the municipality. “Umaasa ako na marami pa kayong matutulungan na ating mga kababayang mahihirap, ‘di lamang sa bayan ng Balete, kundi sa buong Pilipinas,” said Maralit. A total of 800 EduCare Kits were distributed during the Quezon Province leg of Brigada ng Ayala in April 2021 In Quezon, 800 EduCare kits were endorsed to the Provincial Governor’s Office, the Municipality of Sariaya, and Barangay Tumabaga, also in Sariaya. Six home prepaid WiFi kits were endorsed for BRIGADA/PAGE 7

When our life seems senseless JHAN TIAFAU HURST Little by little he made changes in his invention to send a signal from one hill to the next, and then beyond the hill. Eventually, through his perspiration and perseverance, his invention was perfected. Guglielmo Marconi b e c am e f am ou s a s t h e inventor of wireless telegraphy, which started the technology for the invention of radio. Marconi not only received the Nobel Prize in physics, but also a position in the Italian senate and many honorary degrees. Someone said: “The way to get to the top is to get off your bottom.” That’s why “You gotta work it to win it.” WORK/PAGE 7

"In this world there are only two tragedies," said Oscar Wilde. "one is not getting what one wants, and the other is getting it." This paradoxical proverb has often proved true. Many people think that if they only had more money they would be happy. Howard Hughes was the world's richest man when he was only 45 years old. Twenty years later, at sixty five, he still had all his money but was probably the world's most miserable man. He had retreated from society, living in small dark rooms in different hotels and keeping all the sun out. He was dirty , his beard grew down to his waist, and his hair fell down his back. His fingernails were two inches long. His huge body had shrunk to nothing. In today's pandemic times many people are also asking

themselves about the meaning of life. I don't need to go into that any further here. Everyone knows. Everyone may experience it themselves or find it in their families and surroundings. Yes, the pandemic is far from over, even if there are the first openings and loosenings here and there. "What is the point of life?" people are asking. You work hard, and many times someone else gets the credit. You struggle to be good, and evil people take advantage of you. You are in a great situation and accumulate money, and it just goes to spoiled fellow men and women. You seek pleasure, but it turns sour on you. And everyone - rich or poor, good or evil, meets the same end. We all die. I found Ecclesiastes in

my bible. A book for our time. Ecclesiastes strikes a responsive chord. No century has seen so much progress, and yet such despair. What is the purpose of life anyway? Is there any ultimate meaning? I even asked myself all these questions, since some people around me passed away during the last weeks. A key phrase in this book, "under the sun", describes the world lived on one level, apart from God and without any belief in the afterlife. If you live on that level, you may well conclude that life is meaningless. E c cl e s i aste s att r a c t s extreme reactions. Novelist Thomas Wolfe said of it, "Ecclesiastes is the greatest single piece of writing I have ever known, and the wisdom expressed in it the most lasting and profound."

HAVE MY SAY

KLAUS DORING It's really true. Please check it out and tr y to read it. And find out for yourself if life really seems so meaningless! +++ Email: doringklaus@gmail. com or follow me on Facebook, Linkedin or Twitter or visit my www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

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

MON-TUE|MAY 10-11, 2021

Banking&Finance

BSP tightens bank employee screening policies

HE Bangko Sentral ng Pilipinas (BSP) has adopted a more stringent and risk-focused screening policy for BSP supervised financial institutions (BSFIs) to ensure the banking sector’s integrity and improve operational risk management. In a virtual briefing Thursday, BSP Governor Benjamin Diokno said around 7,500 names are currently in the watchlist of dismissed BSFI

employees but clarified that the list does not cover those disqualified to work on banks alone. With the issuance of Circular No. 1112, or the know-your-employee (KYE) rules, he said it will be hard to predict if there will be 100-percent compliance on the circular, adding “if there continues to be some bad behavior on the part of the workers, it (the list) will continue to increase.”

He said the regulator “subscribes to the principle that the ‘tone of good corporate governance should come from the top’ thus, the KYE rule will not only address fraud and irregularities due to weak operational risk management but also foster confidence in the banking system. “People are the very heart of every institution, especially in banking which is built on trust. Robust know-your-employee procedures foster a stable

banking system by weeding out unprincipled personnel who may cause reputational risk to a bank and the financial system,” he said. Lawyer Florabelle SantosMadrid, BSP Financial System Integrity Department director, said the central bank’s watchlist database is updated every time the central bank receives new information from banks regarding disqualification of certain individuals. She said reports of bank

employees’ participation in financial system-related crimes is among the red flags for the issuance of KYE rules. “One of the primary reasons that we are tightening the rules on KYE is to prevent these cases from happening. So definitely, if there will be bank personnel involved in money laundering cases, that will be a red flag in terms of the robustness of their KYE processes,” she added during the same briefing. (PNA)

PhilGuarantee loans to MSMEs rise to P1.47B in end-March THE Philippine Guarantee Corporation (PhilGuarantee) has continued to grow its program for viable but pandemic-hit micro, small and medium enterprises (MSMEs) for the third straight month since its launch in December 2020, with a total of P1.47 billion in loans guaranteed as of end-March this year. The guaranteed loans represent a remarkable 612-percent increase from the P207 million pilot guarantee portfolio achieved at the launching of the MSME Credit Guarantee Program (MCGP) in December, PhilGuarantee presidentchief executive officer Alberto Pascual said in a report to Finance Secretary Carlos Dominguez III. Pascual informed Dominguez the number of MSME beneficiaries grew by an impressive 312 percent to 12,122 enterprises in March 2021 from 2,948 that were reported to have availed of

its guarantee program as of December 2020. He said the implementation of improved processing and evaluation parameters starting this year led to the increase in the number of beneficiaries under MCGP. From the start of the MGCP's

implementation last year, the PhilGuarantee Governing Board chaired by Dominguez thus far approved a total of P37.7 billion in credit guarantee facilities to 34 banks. “Majority of the MSMEs covered were from the wholesale and retail sector which accounted for

DEED OF EXTRA-JUDICIAL SETTLEMENT BETWEEN HEIRS WITH DEED OF ABSOLUTE SALE

DEED OF EXTRA-JUDICIAL PARTITION AMONG HEIRS WITH DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENT:

KNOW ALL MEN BY THESE PRESENTS:

That the late MANUEL RANILE, who died on Jan. 5, 2000 at Cagayan de Oro City, the deceased at the time of his death left his exclusive and separate property consisting of a parcel of land with Transfer Certificate of Title TCT No. T-138488 situated at Canitoan, Cagayan de Oro City, containing an area of 200 square meters, more or less, and has been the subject of an DEED OF EXTRA-JUDICIAL SETTLEMENT BETWEEN HEIRS WITH DEED OF ABSOLUTE SALE, filed by the heirs of MANUEL RANILE, in favor of TIRSO TION CENA, JR., per DOC #222; PAGE #45; BOOK #202;Series of 2020 under the Notarial Registry of ATTY. GIL U. BANAAG. BWM: May 10, 17 & 24, 2021

EXTRAJUDICIAL WITH DEED OF ABSOLUTE SALE OF A PARCEL OF REGISTERED LAND

KNOW ALL MEN BY THESE PRESENTS:

That the late FELIX A. MACASERO died on January 26, 2017 at Cagayan de Oro Medical Center, the deceased left a parcel of land with Transfer Certificate of Title T-46678 situated in the Barrio of N.A Municipality of Cagayan, containing an area of ONE THOUSAND NINE HUNDRED SEVEN (1,907) SQUARE METERS, more or less, and has been the subject of an DEED OF EXTRA-JUDICIAL PARTITION AMONG HEIRS WITH DEED OF ABSOLUTE SALE, filed by the heirs of FELIX A. MACASERO, in favor of CROWN STATIONER CORPORATION, per DOC #457; PAGE #92; BOOK #172; Series of 2021 under the Notarial Registry of ATTY. EDGAR S. CABANLAS.

That the late ELNY C. EDADES, who died on September 15, 2009 at Cagayan de Oro City, died intestate without Will or Testaement and without any outstanding debts in favor of any person or entity; at the time of his death left a parcel of land with KATIBAYAN NG ORIHINAL NA TITULO P-5839, situated at Barrio Bayanga, City of Cagayan de Oro, Island of Mindanao, containing an area of EIGHT THOUSAND FIVE HUNDRED THIRTEEN (8,513) square meters, more or less, and has been the subject of an EXTRAJUDICIAL WITH DEED OF ABSOLUTE SALE OF A PARCEL OF REGISTERED LAND, filed by the heirs of ELNY C. EDADES, in favor of CARLO MIGUEL V. CHAN, per DOC #43; PAGE #9; BOOK #2; Series of 2020 under the Notarial Registry of ATTY. ALYANNA R. CHANG.

That the late CORAZON G. AMAHAN, who died on January 7, 2019 at Cagayan de Oro City, died intestate, without Will or Testament and without any outstanding debts in favor of any person or entity; at the time of her death left a certain parcel of land with Transfer Certificate No. 137-2012008910 situated at Barrio Bayanga, City of Cagayan de Oro, Island of Mindanao, containing an area of TWELVE THOUSAND FORTY THREE (12,043) SQUARE METERS, MORE OR LESS, and has been the subject of an EXTRAJUDICIAL WITH DEED OF ABSOLUTE SALE OF A PARCEL OF REGISTERED LAND, filed by the heirs of CORAZON G. AMAHAN, in favor of CARLO MIGUEL V. CHAN, Per DOC #39; PAGE #8; BOOK #2; Series of 2020 under the Notarial Registry of ATTY. ALYANNA R. CHANG.

BWM: May 10, 17 & 24, 2021

DENNIS RAMOS VIERNES West City Central School

digital and internet may not be the majority in the public schools. Most of the teachers I interviewed enjoy the experience of teaching through modular learning. Selected public schools handling an online class, because of lack of gadgets and internet connectivity. The West City Central School offered only the modular learning for this School Year 2020-2021. And that majority of the parents chose modular print. Only the private schools where using an online class. In general, learners responded well to digital platforms. Through online class was not an option, parents appreciated the learning packs put together and sent by email or available for pickup from school. They were grateful for effort of teachers put into their classes. Teachers became creative such as making home videos, doing their Integrated Performance task or organized assigned

for 7.77 percent or P58.17 million with 1,048 assisted MSMEs. The agriculture sector was the third biggest sector that have benefited from the MGCP, with 158 MSMEs assisted through guarantees amounting to

EXTRAJUDICIAL WITH DEED OF ABSOLUTE SALE OF A PARCEL OF REGISTERED LAND

“Teaching and Learning strategies during Pandemic” Teachers used to play different roles, this current year; they are facing the most complex challenges of their careers. They are being asked to be public servants when it comes to education with the support of different g ov e r n m e nt a g e n c i e s . Teachers, learners, workers and families were affected of this pandemic. And they are being asked to take on these new responsibilities against a backdrop of rising COVID-19 cases following the health protocol they facing right now. As the COVID-19 pandemic runs its course, the government is implementing a measure that limits the number of people congregating in public places. Such measure has disrupted the normal functioning of schools. The DepEd official has planned to continue the education of the learners despite of this pandemic. Education must continue with the different blended learning. Although students with access to

67.26 percent of the total, or P503.5 million with 9,113 MSMEs assisted,” Pascual said. Pascual said the second-biggest group with guarantee coverage was the manufacturing sector, which accounted

activities and a lot more. Parents were greatly impressed with the efforts of the teacher in finding ways and recent means to handle class work despite the situation. Many challenges that teacher encountered to their learners, one of these the learning loss can it be reduced. The learners learn by their own, it’s so difficult to learn especially those struggling learners. As what I observed to my learners, they have difficulty in answering the modules especially the math subject it’s hard to understand without the guidance of the teachers. So, what I did is to give them videos regarding the lessons or I would contact him/her using a video chat in order to give explanations to the lessons. Then, the target that would have a strategies for the family to help their child to learn. But we do believe that we can do our best to finish this battle through the help of each everyone.

P33.91 million, which is 4.53 percent of the loans covered so far under this program, he said. In the severely affected hotel and restaurant LOANS/PAGE 6 EXTARJUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED FELICIANO F. TABANAO WITH WAIVER OF RIGHTS IN FAVOR OF PATRICK C. TABANAO KNOW ALL MEN BY THESE PRESENTS: That the late FELICIANO F. TABANAO who died on May 5, 2015 in Cagayan de Oro City without leaving any will or testament, at the time of his death left a certain parcel of land with Transfer Certificate of Title No. 40261 situated in Barrio of Barra, Municipality of Opol, Province of Misamis Oriental, containing an area of ONE HUNDRED FIVE (105) square meters, more or less and has been the subject of an EXTARJUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED FELICIANO F. TABANAO WITH WAIVER OF RIGHTS IN FAVOR OF PATRICK C. TABANAO, filed by the heirs of FELICIANO F. TABANAO,per DOC #152; PAGE #31; BOOK #02; Series of 2020 under the Notarial Registry of ATTY. CZARMAINE MAE B. QUICOY. BWM: May 10, 17 & 24, 2021

The Strongest Species Survives ANTHEA LOU M. DUNQUE Special Education Teacher I

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” -Charles Darwin We could always hear that the only constant in this world is the word change. I couldn’t agree more! Definitely YES! It is but a big YES! If everything in this world keeps on changing, then people are left with no other choice but to adapt to it. It is not just enough to cover our being with intelligence, with greatness, with cleverness and sophistication. All these are just part and parcel of living. All we need is to survive in whatever circumstances life has to offer. My mind has been delighted with lots of information and strategies which could help me in resuming my duty as a teacher to my learners in this new normal. Everybody has been talking about practicality which is incredibly applicable this time. But what hit me most is the idea that it is now the time of sharing what has been proven to be good and effective. This is not the perfect time to compete but to have each other’s back instead. I go along with the concept of sharing because the opposite will never do good. It won’t bring us anywhere else. In fact, part of survival is to be needing help with one another. Somehow, sharing and giving can uplift one’s spirit and it is only through giving that love truly resides. What’s the point

of having such incredible works, amazing creations, and remarkable innovations if it is kept concealed? Constructively, all these thoughts have been taking me to realize the importance of resiliency in which we can withstand to however difficult the situation may be. This made me look back to the past few months, those moments where I opted to burn my midnight candle just to finish all the task which has been entrusted to me. As I ponder on, I realize how well did I cope with the situation, how well did I adjust to the tremendous demands of my environment, and how well did I bend and bounce back when I needed to. I also come to realize how much dose of energy booster does our Heavenly Father continually poured unto me which enabled me to reach this far. However, in the process, I wasn’t that strong enough. I cried. I screamed. I lack focus and understanding. Sometimes I lost control and I was literally lost in all aspect. However, I decided to adjust and put on my focus. I survived all those overwhelming works, emotions, and difficulties by acting on it one at a time; one thought at a time, one task at a time, and one day at a time. Truly, it worked and I survived! Indeed, “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”

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

MON-TUE|MAY 10-11, 2021

Expansion... from page 1

participants are Mindanao representatives of national agencies, farmers’ cooperatives, government financing institutions, and multinational and domestic companies such as Dole Philippines, Inc. and Dizon Farms, which can serve as consolidators and buyers. The specific varieties being considered are the Hass avocado and the Abuyog Sweet jackfruit. “The Hass avocado is a premium fruit which Japan and China import from the US and South America which Philippine agriculture had not ventured into because of the absence of planting materials,” Mr. Piñol said. The jackfruit, meanwhile, has not been paid attention to despite “huge demand in food processing,” he said.

Improves... from page 3

engineering of government processes and enforcing zero-contact policy through accessible online government transactions, and mandatory electronic-Business OneStop-Shop (BOSS) in local governments, among others. Survey method questioned However, the ARTA chief raised anew his concerns on how the World Bank conducts its survey, particularly on the seeming failure to reflect improvements in other indicators, prompting him to reiterate his appeal to the organization to review its methodology. Among the issues he mentioned were the “inconsistencies with the results of the customer satisfaction survey by agencies against the assessment of the DB (Doing Business) respondents”.

“(It) may have emanated from the fact that the persons who responded to the WB Survey are not the same persons transacting with the agencies/ LGU. It may be that the respondents to the survey of WB are officials of the Law/ Accounting firms while persons transacting with the agencies/ LGUs are the liaison officers or processors or clerks or sometimes messengers of the Law/ Accounting firms,” Belgica said. “S o m e r e s p o n d e n t s may not be those who are transacting in Quezon City. With this, there may be a possibility that the responses were their experience from other local government units,” he added. Belgica also stressed the need to have “clear distinction between the preparation time of the applicant and the processing time of the agencies”. To address these, the antired tape chief presented a number of recommendations. “DB Survey Team would filter and select entities who have experienced the process or regulations as specifically indicated in the case study assumptions of the indicators…there is also a need to brief the respondents very well to ensure that they have the right appreciation of the survey and even the assumptions,” Belgica said. (PR)

Restriction... from page 3

Hydropower Asia Scatec ASA, also accentuated the ot her stumbling blo cks that have to be addressed, s o f re s h c apit a l i n f lu x could gain traction into the Philippine RE sector – and these include much-needed expansion i n p owe r t r ans m i s s i on capacity ; sufficient and

Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE PROVINCE OF BUKIDNON Municipality of Malitbog NOTICE FOR PUBLICATION In compliance with Section 5 of R.A. No. 9048, a NOTICE is hereby served to the public that LOLITA ABATO BAJURA, has filed with this Office a petition for the change of first name from LYDIA to LOLITA in the certificate of Live Birth of LYDIA E. ABATO who was born on November 26, 1961 at Poblacion, Malitbog, Bukidnon, and whose parents are SANTOS R. ABATO and ELISA A. EVANGELISTA. Any person adversely affected by said petition may file his written opposition with this Office not later than May 14, 2021. BWM: May 3 & 10, 2021

(SGD) RICARTE T. ACHAS, LPT, MPA Municipal Civil Registrar

reliable ancillary services procurement; as well as the need for fur ther streamlining of projec t permitting processes, e s p e c i a l l y on re qu i re d land conversion for solar projects. “The transmission capacity has been, is and will continue to be a challenge in the Philippines, and t h is is t he bi g ge st bottleneck that we see as part of SNAP (SN Aboitiz Power) on tr ying to put different renewable energies at play,” he said, adding that “the other challenge that will come with success of putting renewable into the grid is that: this will create instability due to the fundamental features of wind and solar in particular – and this necessitates the need for more ancillar y services.” O n t a x e n forc e me nt for RE ventures, Garstad contended that the lack of clear rules of the Bureau of Internal Revenue (BIR) “is actually a disincentive to foreign investor-projects. I think we need to ease up on

that and create stability and transparency and reliability – that this is there, so it’s going to be there for the agreed period of time and we’re not going to rock the boat on that, I think that is fundamentally important as well.” Atty Monalisa Dimalanta, former chairperson of the National Renewable Energy Board (NREB) admitted that the BIR does not have Revenue Regulation yet on the value added tax (VAT) zero rating claims of suppliers and ser vice providers to RE developers; and final rules have yet to b e rendered als o on the entitlement of the RE developers to 10-percent income tax rate upon the expiration of their income tax holiday (ITH) incentives under the Renewable Energy Act. R o d o l f o A z a n z a Jr. , president of Norconsult Mgt. Services Phils. Inc., st ipu late d t hat anot her hurdle to foreign investors is land ownership on properties that shall serve as their project sites.

Loans... from page 5

sector, Pascual said 573 MSMEs were assisted with guaranteed loans amounting to P28.45 million, while the personal ser vices sector accounted for guarantees amounting to P31.82 million. The MGCP grants a 50-percent guarantee for working capital loans and a guarantee of up to 80 percent of the amount for term loans

of up to seven years for capital expenditures. The average loan size under the MGCP is less than PHP1 million, with the minimum loan amount set at P100,000, which can be availed mostly by microbusinesses borrowing from thrift banks and rural banks. “In terms of geographical distribution, all regions of the country had received assistance under the MGCP,” Pascual said.

Resiliency and Sustainability of Learning Continuity Plan By: WILSON C. ALVIAR

As the Department of Education has restructured the learning modality in this curriculum in relation to the effect of this New Normal, we tend to ask ourselves of when this would probably end and when will we go back to the old normal? Unfortunately, these remained to be unanswerable with so much hopes and prayers we often do. We just have to be glad that we are fighting despite of some challenges that our government is doing the best as they can. There seems to be a lot of issues to be resolved in these times, however we keep everything be in right track and safety of Filipinos are initially prioritized and focused. This isn’t just a single snap of fingers to be solved but may take a long time to have it assured to everyone its safety. The recent learning modality comes in different options but generally the whole country chose either the online distance learning that is evident in private schools and modular distance learning to most public schools. With this contingency plan, it continues education for students while we are in this pandemic situation by utilizing and resorting options applicable with a purpose of not adding trouble to each one of us. Learning through a lot of possibilities and promoting positivity among learners. With this Learning Continuity Plan (LCP), DepEd has demonstrated three interconnected capacities that are significantly linked to the future: INNOVATION, AGILITY, and SYNERGY. DepEd has historically demonstrated an ability to respond to adversities and to deliver on its

commitments and responsibilities. Through the response systems instituted by the Department, learners, personnel, and schools were provided with support for repairs, psychological first aid, and temporary learning spaces. Partnerships have also been leveraged to provide support to DepEd’s efforts to ensure learning continuity. DepEd has a working governance system from the Central Office to the field. This will enable it to translate a complex plan into operational actions at all governance levels. While COVID-19 is a problem, it is also an opportunity. DepEd will not sit by idly to miss the opportunities that COVID-19 brings. Learning opportunities shall be available, and learning shall continue in the time of COVID-19. Relatively, the UP C ollege of Education came up with a study, “Stay Well, Keep Learning: Education Resilience and Learning Continuity in the Time of COVID-19”; and it came up with identified 8 Key Strategies and these are: 1. Prioritize teacher and student; 2. Recalibrate curricular and assessment priorities; 3. Enact flexible learning options; 4. Empower families for home-based learning; 5. Lead for resilience and innovation; 6. Redesign the learning environment; 7. Evaluate education financing; and 8. Create new knowledge. Synthesis In times of emergencies such as a pandemic, it is imperative for education to continue and to demonstrate resilience – the ability to overcome adversity. It should be guided by three principles, namely, compassion, inclusion, and

innovation. These principles enable an educational institution to prioritize safety, health, and well-being of its stakeholders, harness collaboration, be sensitive to diversities, constraints, and vulnerabilities of stakeholders, and build on the strengths of existing practices, resources, and networks in upholding quality education amidst challenging circumstances. Through these, we are already foreseeing to sustain the said implementation by considering indicated ideas as discussed in this context and it is connected to its resilience as we will overcome this circumstance of declination that affects the whole world. In the Philippines, the two concepts are relevant; the fact that we may not be that competent with foreign countries in terms of our resources such as technology and advancement but we try to make things right for the betterment of the Filipino citizens; we work collaboratively and passionately based on our conscience and to bring general welfare into balance to save humanity; being a kind-hearted and true as Filipinos are indeed natural to us. We continue to live, laugh and smile and give it all to Him. With all gladness, we are able to sustain and stand from difficulties and grievances that come in our daily lives that resembles our values as “maka-diyos” and God-fearing individuals by holding on to our faith. As how we were influenced by the past, we uphold this belief and influence the young generation. We continuously keep the faith by simply saying “laban lang!.”

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

MON-TUE|MAY 10-11, 2021

Work... from page 4

You can accomplish nearly anything IF you commit your heart and life to it by combining your vision with hard work. Your dream, plus your discipline and determination, will keep you working till you win. But there is just one person who can help you win at living the right, best dream for your life, and naturally that is your own Maker. If you will give Jesus your heart and life, He will give you the guidance and power to keep working each day to reach your potential, and experience all the success He designed you to enjoy and use for others. Just think a minute.

Coco... from page 2

PCA-13 Director Joel B. Oclarit, who graced the groundbreaking along with Governor Dale B. Corvera, said the plant could process about 10,000 nuts per day. "Aside from VCO, other products from coconuts can also be processed in this plant,” Oclarit said, adding that the project is funded through Republic Act 11494 or the Bayanihan to Recover as One Act. (PNA)

Brigada... from page 4

distribution to select learners, as well as 2,500 face masks. In Pililla, Rizal, the Ayala group turned over 500 EduCare kits, through the Municipal Mayor’s Office and Barangay Wawa. Fifteen Globe home prepaid WiFi kits were also distributed. Representatives from AC Energy also joined the distribution of Brigada ng Ayala kits in Pililla. The recipients expressed their appreciation for the Brigada ng Ayala kits. Kier Asis, a computer science major from Batangas and one of the recipients of the Globe prepaid WiFi kits, said: “Hindi po maiinterrupt ang aming pagvivideo call at mabilis po AFFIDAVIT OF ADJUDICATION OF SOLE HEIR WITH DEED OF ABSOLUTE SALE OF PORTION OF PROPERTY KNOW ALL MEN BY THESE PRESENTS: That the late DOMINGO T. ELLEVERA who died intestate in Jasaan, Misamis Oriental, Philippines, that deceased died left among others a parcel of land with Declaration of Real Property situated at Bobontugan, Jasaan, Misamis Oriental, Philippines, containing an area of FOUR THOUSAND FIVE HUNDRED SIXTY square meters, more or less; hereby SELL, WAIVE, TRANSFER, CONVEY and DELIVER in manner absolute and irrevocable to EDRITA BACALA DUNGOG, of legal age, Filipino citizen, Married to RONIE W. DUNGOG residents of Purok 5, Bobontugan, Jasaan, Misamis Oriental, their heirs, assigns and successors , a PORTION of the above described parcel of land , containing an area of TWO HUNDRED (200) square meters, more or less, and has been the subject of an AFFIDAVIT OF ADJUDICATION OF SOLE HEIR WITH DEED OF ABSOLUTE SALE OF PORTION OF PROPERTY, filed by the heirs of DOMINGO T. ELLEVERA, in favor of EDRITA BACALA DUNGOG, per DOC #169; PAGE #36; BOOK #97; Series of 2021 under the Notarial Registry of ATTY. QUINTILIANITO S. BABARIN, JR. BWM: Apr. 26, May 3 & 10, 2021

for t he holy mont h of Ramadhan. A l an B a l ang i - A m e r, 1Bangsa president, said the favorable action of Congress and the President to extend the term of the Bangsamoro Transition Authority (BTA) until June 2025 will augur well in achieving genuine

peace in Mindanao. “Various sectors had spoken loud and clear in endorsing the BTA extension,” he said in a statement. In a phone interview, Balangi-Amer said that majority of Muslim Filipinos in the country favor the extension of the transition period in the BARMM to sustain the gains of the Comprehensive Agreement on the Bangsamoro (CAB). The CAB is the final peace agreement between the government and the Moro Islamic Liberation Front (MILF) signed in 2014 after 17 years of negotiations. “We need to sustain the trajectory of peace generally prevailing now over the Bangsamoro region and the rest of Mindanao, and that can be done by allowing the extension of the transition period in the BARMM for the implementation of the provisions of the peace agreement,” he said. Following the creation of the BARMM two years ago, the government and the MILF are implementing the CAB’s normalization track, which includes the decommissioning of MILF fighters and their weapons and transforming recognized MILF camps into peaceful economic zones. Balangi-Amer stressed that Congress is mandated by the Constitution to build a just and humane society. “The Congress has now a very rare opportunity to perform that duty. It is now in the hands of Congress to give extra time for the Bangsamoro transition and be an instrument in building a just and humane society in Mindanao,” he said. He stressed the need for Congress to act immediately, noting that it has a few more session days before it adjourns

DEED OF ADJUDICATION AMONG HEIR WITH DEED OF ABSOLUTE SALE OF MOTOR VEHICLE

That the late JUAN LABIS, who died last June 26, 2016 in Northern Mindanao Medical Center (NMMC), Capitol Compound, Cagayan de Oro City, that the said deceased, at the time of his death left a Motor Vehicle with MAKE/TYPE: NISSAN SEDAN, MOTOR NUMBER: GA16455446C, CHASSIS NUMBER: BAYALHFB14-B60416, PLATE KDB859 and has been the subject of an DEED OF ADJUDICATION AMONG HEIR WITH DEED OF ABSOLUTE SALE OF MOTOR VEHICLE, filed by the heirs of JUAN LABIS, in favor of BENEDICTO CECILIO, per DOC #239; PAGE #48; BOOK #51; Series of 2021 under the Notarial Registry of ATTY. EDGARDO Y. RAAGAS.

That the late JUAN LABIS, who died last June 26, 2016 in Northern Mindanao Medical Center (NMMC), Capitol Compound, Cagayan de Oro City, that the said deceased, at the time of his death left a Motor Vehicle with MAKE/TYPE: TOYOTA SEDAN, MOTOR NUMBER: 4K1572647, CHASSIS NUMBER: KE709117878, PLATE KDB-642 and has been the subject of an DEED OF ADJUDICATION AMONG HEIR WITH DEED OF ABSOLUTE SALE OF MOTOR VEHICLE, filed by the heirs of JUAN LABIS, in favor of DR. JOSE CHAN, per DOC #240; PAGE #48; BOOK #51; Series of 2021 under the Notarial Registry of ATTY. EDGARDO Y. RAAGAS.

BWM: Apr. 26, May 3 & 10, 2021

(ang internet). Nagpapasalamat po ako sa Globe at Home for giving us the gift of learning.” Earlier this year Ayala Foundation supervised the distribution of Brigada ng Ayala EduCare packs and Globe prepaid WiFi kits in Cagayan de Oro City; Cebu; El Nido, Palawan; and Catbalogan, Samar. Ayala Foundation is scheduled to conduct additional Brigada ng Ayala distribution activities in April and May. Among the locations are Albay, Catanduanes, Marinduque, Cagayan, and Isabela. For 60 years, Ayala Foundation has been serving communities all over the country through programs that promote education, sustainable livelihood, and love of country. I am proud to have been once associated with the Foundation, when it was still known as the Filipinas Foundation, Inc. (FFI). Under Executive Director Tomas “Buddy” Gomez III, FFI established the Ayala Museum which has a permanent exhibit of dioramas depicting defining moments in Philippine history. FFI supported scholars in vocational and technical education. It also assisted research which produced important policy papers, eg., “An Anatomy of Muslim Affairs in the Philippines” and “The Filipinos in America”. Note: You may wish to share the foregoing via FB, Twitter or Linked-In.

Bangsa... from page 1

Kagay-an Festival 1st Oro Lechoneros Encuentro Champion

for Orders, Contact Yoyong:

09354145759 09169249371

sine die on June 4. A s f o r D u t e r t e ’s certification of the proposal as a priority measure, BalangiAmer said it “will complement the efforts in Congress for the timely passage of the bill.” In March, peace advocacy groups submitted to Malacañang one million signatures calling on Duterte to certify the transition extension bill as a priority measure. The term of the MILFled BTA, which governs the BARMM government, will end on June 30, 2022, when the new set of elected officials shall have taken their oath of office. Lawyer Mar y Ann Arnado, secretary general of the Mindanao People’s Caucus (MPC), earlier said that the calls to extend the transition period do not cover the personalities appointed to the BTA but only the term of the body. The MPC, a grassroots network of Bangsamoro, Christian and Lumad peace advocates in Mindanao, c ondu c te d a m i d - te r m review of the transition from ratification of the Bangsamoro law on January 25, 2019 until September 30, 2020. It recommended the extension for the transition government to fully accomplish their priority tasks and duties, especially t ho s e t hat ne e d to b e jointly implemented with their national government counterparts and due to the difficult demands of the normalization process and the larger context of the CAB implementation. Supporters of the extension noted that

the coronavirus disease (C OV ID-19 ) p ande mic hampered the efforts of the Bangsamoro and national governments and the MILF to implement the provisions of the peace agreement. (Bong S. Sarmiento / MindaNews)

Tourist... from page 1

popular destinations in Glan town, which is dubbed the “Boracay of the South” due to its famed white sand beaches. Tourism destinations in the province, which were forced to close down due to the lockdowns following the onset of the COVID-19 pandemic, reopened to residents within Soccsksargen or Region 12 late last year and those from other regions last February. Sout h C otabato a nd this city imposed border restrictions starting last May 1 due to the noted increase in COVID-19 cases. Under EO 16, all travelers f rom a reas w it h act ive community transmission will be required to present negative Re verse Tr a nscr ipt ionPolymerase Chain Reaction (RT-PCR) results for Covid-19 taken 72 hours prior in accredited laboratories. No mass gatherings will be allowed during the period, except those for health, social services, safety and security purposes but should follow the 50 percent capacity limit for venues. Religious activities may continue at 30 percent capacity while weddings, baptisms and necrological services will be limited to 25 persons and should obtain approval from concerned municipal

governments. Business establishments as well as private and public utility vehicles may continue to operate in specified areas within the province at 50 percent capacity. The selling of liquor will be regulated and drinking intoxicating beverages in public are prohibited, especially during the curfew hours adopted by its municipalities. Solon said the intensified sur veillance against COVID-19 will continue in their seven municipalities through increased testing activities. He said random antigen and RT-PCR testing will be conducted among individuals with Influenza-like illnesses and without known exposures to the disease. They will also monitor establishments with high risks of transmission like markets and companies or industries, he said. The active COVID-19 cases in Sarangani have increased to 71 as of 6 p.m. Wednesday following the emergence of new clusters in various municipalities. Si nc e la st ye a r, t he confirmed infections in the province reached a total of 729, the lowest in Region 12, with 18 related deaths and 640 recovered patients. (MindaNews) EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF FELISA MACION SAWAMOTO KNOW ALL MEN BY THESE PRESENTS:

That the late ALBERTO M. DIAZ SR. who died intestate at Cagayan de Oro City, on 29th of February 2004, left a certain parcel of land with Transfer Certificate of Title No. T-76660 situated at Manolo Fortich, Bukidnon, Island of Mindanao, containing an area of TWELVE THOUSAND TWO HUNDRED EIGHTY FIVE (12,285) square meters, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF THE ESTATE, filed by the heirs of ALBERTO M. DIAZ SR., per DOC #441; PAGE #89; BOOK #12; Series of 2020 under the Notarial Registry of ATTY. ISIDRO Q. LICO.

That the late GENEVIEVE A. SUMAOY-NAMOCOT who died intestate on March 3, 2018 at Cagayan de Oro City, Philippines, at the time of his death left a certain parcel of land with Transfer Certificate of Title No. T-206802 situated in the Barangay of Lumbia, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED (100) SQUARE METERS, more or less and has been the subject of an AFFIDAVIT OF SELF-ADJUDICATION WITH DEED OF ABSOLUTE SALE, filed by the heirs of GENEVIEVE A. SUMAOYNAMOCOT, in favor of JANETH D. CABALDA, per DOC #11; PAGE #03; BOOK #09; Series of 2020 under the Notarial Registry of ATTY. AL PONCIANO R. DATU.

That the late FELISA MACION SAWAMOTO who died on September 27, 2012 in Cagayan de Oro City, Philippines, the said deceased left a right, interest and participation over the parcels of land with TCT No. RT-9391 situated in Poblacion, Nasipit, Agusan del Norte, containing an area of 363 square meters, TCT No. RT-9389 situated in Poblacion, Nasipit, Agusan del Norte, containing an area of 302 square meters, TCT No. T-10007 situated in Poblacion, Nasipit, Agusan del Norte, containing an area of 183 square meters, TCT No. T-10006 situated in Poblacion, Nasipit, Agusan del Norte, containing ban area of 221 square meters, and TCT No. RT-9392 situated in Poblacion, Nasipit, Agusan del Norte, containing an area of 135 square meters, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF FELISA MACION SAWAMOTO, filed by the heirs of FELISA MACION SAWAMOTO, per DOC #174; PAGE #36; BOOK #III; Series of 2021 under the Notarial Registry of ATTY. CUSTODIO B. COMPENDIO, JR.

BWM: May 3, 10 & 17, 2021

EXTRAJUDICIAL SETTLEMENT OF THE ESTATE KNOW ALL MEN BY THESE PRESENTS:

AFFIDAVIT OF SELF-ADJUDICATION WITH DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS:

Feature

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

MON-TUE|MAY 10-11, 2021

Cebu Pacific airlifts 1.5 million COVID vaccines from China T

HE Philippines’ leading carrier, Cebu Pacific (PSE: CEB), safely delivers today, May 7, 2021, the single largest vaccine shipment to the country yet, in coordination with the Department of Health (DOH). A total of 1.5 million doses from Beijing arrived at the Ninoy

Largest single shipment received by the Philippines to date

Aquino International Airport (NAIA) via 5J 671 at 8:13AM earlier. CEB is in full support of the nation’s vaccination program as it helps ensure these life-saving COVID-19 vaccines are flown safely to the Philippines, and distributed across the rest of the archipelago.

“This large shipment of COVID vaccines with Cebu Pacific brings us closer to our goal of protecting every Filipino as fast as possible,” said Sec. Carlito Galvez, Jr., chief implementer of the National Task Force against COVID-19. “We are grateful to Cebu Pacific for joining forces with the government to support us

in ensuring the success of this vaccine roll-out.” “We are thankful for the continued trust of the Philippine government and the DOH, and restate our intention to support our country’s fight against COVID-19 in any way we can. We look forward to picking up more vaccines from across the globe

and aid in distributing across our widest domestic network,” Alexander Lao, Cebu Pacific Chief Strategy Officer. Upon unloading from CEB’s A330 aircraft, all vaccines were thoroughly inspected by the authorities prior to uplifting to refrigerated trucks via electric forklifts. On May 4, Cebu Pacific has transported 6,200 COVID-19 vaccines from Manila to Puerto Princesa. Apart from Palawan, the carrier has delivered more than half a million doses of vaccines to six (6) other cities in the

country namely Bacolod, Cotabato, Legazpi, Tacloban, Tuguegarao, and Zamboanga. Following last week’s shipment of 500,000 Sinovac vaccines from Beijing to Manila, CEB has already transported more than 2.5 million COVID-19 doses since March 2021. CEB operates the widest domestic network in the Philippines covering 32 destinations, on top of its six (6) international destinations. Its 74-strong fleet, one of the youngest in the world, includes two (2) dedicated ATR freighters and one (1) A330 freighter.