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BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 141

Market Indicators AS OF 6:00 PM MAY 10, 2022 (TUESDAY)

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PHISIX 6,802.73

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81.65

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Grateful PRESIDENTIAL candidate Ferdinand “Bongbong” Marcos Jr. thanked his supporters as he led the partial and unofficial results of the Commission on Elections (Comelec) transparency server nationwide. Though he is leading by a big margin against his closest rival, Vice President Leni Robredo, based on partial unofficial count of votes, Marcos urged Filipinos to continue to remain vigilant and protect their votes. "Ngunit kahit hindi pa tapos nga ang pagbibilang, hindi makapag-antay ang aking pasasalamat sa inyong lahat. Ang aking pasasalamat sa lahat ng tumulong, sa lahat ng sumapi sa aming ipinaglaban, sa inyong sakripisyo, sa inyong trabaho at sa binigay ninyo sa amin na oras, na kakayahan, ng sipag,” Marcos said at his campaign headquarters in Mandaluyong City.

PRRD thanks Dabawenyos DAVAO City – Six years since he cast his vote in the elections that propelled him to the country’s highest position, President Rodrigo Roa Duterte has nothing but gratitude to Dabawenyos. "I will soon complete my term as your President, and I just want to let you hear my heartfelt gratitude to you, people of Davao. You kicked off my journey to Malacañang," Duterte said in Cebuano outside his voting precinct at the Daniel R. Aguinaldo National High School Monday. Duterte finished casting his vote at around 4:59 p.m. He was accompanied by his commonlaw wife Honeylet Avanceña, and Senator Christopher Lawrence Go.

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Wed-Thu|May 11-12, 2022

Filipinos ‘sick and tired’ of divisiveness: analyst

R E S I D E N T IA L aspirant and former Senator Ferdinand “Bongbong” Marcos Jr. has maintained a large lead in the presidential race polls because of his “simple” pitch for unity, a political analyst said Monday.

In an interview over PTV-4, Dr. Froilan Calilung, who teaches political science at the University of Santo Tomas (UST), explained that this year’s elections have deepened the nation’s divide. “Right now, our countrymen are sick and tired already of the divisiveness that has played Philippine politics for a very, very long time already. In the midst of this, pumasok naman yung mensahe nung kabilang kampo na pagkakaisa,” he said. Calilung acknowledged although such motherhood statements failed to spell out Marcos’ clear platforms, Filipinos are easily persuaded by motherhood statements of unification because they are easy to digest. “Maaring hindi nga po klaro sa atin ano ba talaga yung mga

RUSH TO VOTE. Few minutes before voting ends on Monday evening, voters in one of the precincts in Brgy. Maanas, Medina, Misamis Oriental are still waitinng for their turn to cast their votes. Delays in the opening of polling precincts and some technical glitches in the votecounting machines were common problems nationwide, the National Movement for Free Elections. photos by gerry l . gorit

FILIPINOS/PAGE 7

Paper jams, VCM glitches common Polls generally smooth, in Cagayan de Oro, MisOr: Namfrel peaceful so far: Namfrel BALLOTS paper jams and minor glitches in the votecounting machines (VCMs) were experienced by voters here as in other places, the local chapter of the National Movement for Free Elections (Namfrel) said. Nestor Banauag Jr., focal

person for Namfrel-Cagayan de Oro-Misamis Oriental chapter, said about 120 out of 350 volunteers reported the incident as they cast their votes early in the morning. "So far, there were six voting centers where nine precincts had ballot paper

jams and VCM glitches," Banauag said in an interview, adding they received reports of several more incidents in the afternoon. He also confirmed that some precincts did "batch feeding," in which members GLITCHES/PAGE 7

Poll harassment THE Army’s 4th Infantry Division (ID) here said Monday it would investigate electionrelated harassment involving soldiers in the Misamis Oriental town of Villanueva. The Army's 58th Infantry Battalion (58IB) identified two of the five suspects as Corporals Joel Cabahug of Gingoog City, Misamis Oriental, and Client Japuz of Balingasag town. Along with three other suspects, including a government militiaman and an Army private, Cabahug and Japuz were accused of election-related “harassment” in Barangay Looc, Villanueva town on Sunday night.

P15.00

THE National Citizens' Movement for Free Elections (Namfrel) said Monday’s national and local elections have b een smo oth and peaceful overall as of 1 p.m., or six hours before polling precincts close. In a statement, the election watchdog announced that based on the observation of volunteers, most polling places opened on time and

no significant delay was recorded. Namfrel said the electoral boards, as well as the votecounting machines (VCMs) and election paraphernalia, were complete in most polling places. The high turnout though seemed to have overwhelmed several voting centers and coronavirus disease 2019 PEACEFUL/PAGE 7

NOT FOR SALE. A woman tends to her usual chore of vending dried fish along a sidewalk in Salay, Misamis Oriental on Sunday, a day before election, while others were lining up to claim windfalls from politicians. The woman said she is not selling her vote. photo by gerry gorit

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MisOr MSME EXPO 2022 celebrates local entrepreneurs M ISAMIS ORIENTAL (PIA) - The Department of Trade and Industry (DTI)Misamis Oriental launched its firstever three-day MSME ONE EXPO 2022 with the theme, “Bridging MSMEs towards the Future: Opportunities, Network, and Exhibit” in partnership with the Provincial Micro Small and Medium Enterprise Development Council (PMSMEDC) and United Architects of the Philippines-Cagayan de Oro (UAP-CDO) Chapter, May 5. “The launching of the MSME One Expo 2022 is more than just a milestone for us, it is a testimony of how we are able to birth and produce MSME graduates over

the years, who have now become successful entrepreneurs and making their mark in the world of business,” said DTI-Misamis Oriental Provincial Director Almer Masillones. Staged to gather the 900 Micro Small and Medium Enterprise (MSME) graduates of DTI learning sessions conducted at Negosyo Centers in the province, the homecoming event aims to showcase local products while highlighting the journey and stories of the MSMEs throughout the years. With product exhibits, plenary sessions, MSME testimonies, and forums featuring successful MSME stories, the expo also serve to bring forth

stronger ties among DTI-MisOr, its partners, and various stakeholders towards bolstering local business capacity building and networking. Annie Amante-Duay, a retired accountant, graduate of the government’s MSME program, and now Casa Amante Tablea owner, expressed her excitement over the event which provided new avenues for her business. “I am thankful for the DTI and their partners who provided us the right knowledge and skills towards starting a business, this event is a celebration of our stories and struggles, with this [expo] we can truly show just how global our products are,” AmanteDuay said. (VPSB/PIA10/Misamis Oriental)

MSME Homecoming. Annie Amante-Duay, a retired accountant, graduate of the government’s MSME program, and now Casa Amante Tablea owner, expressed her excitement over the event which provided new avenues for her business. (VPSB/PIA-10)

DA-13 hosts young farmers’ national summit in Butuan BUTUAN CIty – Some 100 young farmers from the different regions in the country are currently gathered here for a threeday national summit hosted by the Department of Agriculture in the Caraga Region (DA-13). Lynn Pareñas, the chief of DA-13’s agribusiness and marketing assistance division, said the summit, which opened Wednesday and will conclude on Friday, aims to promote agriculture among the young generation. "We have to make them realize that there is a future in agriculture," Pareñas said in a phone interview Thursday. She said the activity also seeks to establish business collaborations between the young farmers and DA's regional offices in the country.

“The participants will also formalize the formation of their organization to establish networking and partnerships,” she said. “The summit will ensure the continuity of their projects and establish markets for their products." In Caraga Region, around 75 young farmers were assisted with PHP50,000 each in 2021 to develop their agribusiness ventures. Pareñas said most of the participants have

brought their agribusiness products for introduction to other regions and the establishment of market outlets. “Our participants from Agusan del Sur presented their chocolate and virgin coconut oil products,” she said. Meanwhile, DA-13 Director Ricardo M. Oñate Jr. underscored the youth’s involvement in agriculture. "If we give them a window of opportunity to undertake into, the sector has a future,” he said. (PNA)

BOC-Zambo destroys P110-M worth of smuggled cigars ZAMBOANGA City – The Bureau of Customs (BOC) led the destruction of some P110 million worth of confiscated smuggled

cigarettes Thursday here. Segundo Sigmundfreud Barte Jr., the BOCZamboanga district collector, said the cigarettes consisting of 3,110 master cases and 1,372 reams were destroyed in front of the BOC warehouse in Barangay San Jose Gusu. “These cigarettes were seized in separate antismuggling operations together with partner agencies from December 2021 to March 2022,” Barte said. He vowed BOCZamboanga will continue to intensify its campaign to put a stop to the smuggling of cigarettes. “The destruction of these cigarettes is a warning that we are serious in our campaign against smuggling,” he said, adding that had the cigarettes been legally shipped, the products would have been a revenue source for the government. He noted the smugglers adopted several schemes to slip past smuggled items from port authorities, such as concealing contraband in sacks and fish ice cases, CIGARS/PAGE 7

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CorporateWorld

ICTSI continues Supermarkets still compliant investment in with SRP: Trade chief Manila flagship S INTERNATIONAL Container Terminal Services, Inc. (ICTSI) continues to roll out improvements and upgrades at its flagship Manila International Container Terminal (MICT), including environmentally sustainable initiatives. The upgrades are designed not only to further ease transactions but more so to ensure stakeholder needs are addressed as well as to provide for added safety and security for all port stakeholders. ICTSI is fast-tracking the second phase development of MICT Berths 7 and 8, which will add full backup areas for the future Berths 9 and 10. It is likewise refurbishing Berths 1 to 5 and their backup areas, including the installation of an additional 450 reefer plugs for 40 footers, and upgrading the yards of Berths 1 to 5. Leading the charge toward an eco-friendlier port operation is the planned acquisition of eight new hybrid rubbertired gantries (RTG) to add to the 32 hybrid fleets acquired starting 2018. Expected to improve service levels at the terminal, the new RTGs will further reduce emissions by 50 percent. ICTSI will also decommission MICT’s first quay crane this year, which will be replaced over the next three years by three new quay cranes -- all capable of servicing larger vessels of over 12,500-TEU (twenty-foot equivalent unit) capacity. Moving away from traditional halogen and sodium lamps, MICT recently completed

upgrading the entire terminal, including its yard and crane lights, to the more energy-efficient LED lighting systems. Expected to eliminate light spills and glare while lowering energy consumption, the terminal expects to save around 1.8 million kilowatt-hour per year and offset up to 1.09 million tons of carbon dioxide. “With our strong focus on environmental stewardship, we understand how technological innovation goes hand in hand with our thrust to improve our ports’ air quality, energy consumption, and waste and water management. In line with this, we continually invest in port infrastructure and facilities that enhance our operational efficiency while simultaneously helping minimize our environmental impact,” Christian Gonzalez, ICTSI executive vice president, said. A substantial part of ICTSI Group’s 2022 budget has been earmarked for the MICT upgrades that will further strengthen capacity to effectively serve the world’s larger box ships and the increasing volume that comes with a recovering economy. Environmental works Moreover, two environmental initiatives led by the social responsibility arm, ICTSI Foundation, continue to gain ground. Cameras have been installed at the mouth of the Pasig River, the Philippine capital’s main waterway, as part of preliminary work for the Foundation’s partnership agreement with Finnish ICTSI/PAGE 7

UPERMARKETS have remained compliant with the suggested retail price (SRP) ahead of the Christmas holidays, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In an interview during the Laging Handa briefing over PTV4 on Friday, Lopez said they continue to monitor prices and even came up with advertisements regarding the prices of specific goods. “Sa ngayon po, wala po kaming natanggap na complaints. Katsi-

check ko lang uli ngayong umaga at wala ho tayong complaints ng overpricing or at least iyong selling above the SRP (We have not yet received any complaint. I just checked this morning and we have not received any complaint on overpricing or at least selling above the SRP),” he said. Lopez said supermarkets are complying with the SRP by removing from their shelves items that are not in line with the SRP approved by the agency. “Iyan po ang ginagawa ng ating mga groceries and supermarkets

Del Monte Pacific nets $35.8M DEL MONTE Pacific, Ltd. (DMPL) logged a 63.8% growth in net profit attributable to owners of the company in its secondquarter ending October, higher than the $21.85 million recorded in the same period last year. In a regulatory filing on Thursday, the company said it saw improved sales from its international business. Sales grew 4% to $650.99 million from $623.45 million year on year. “DMPL stayed on its course to deliver a very strong financial performance for the quarter and achieved record results for the first half,” DMPL Managing Director and Chief Executive Officer Joselito D. Campos, Jr. said. DMPL’s earnings before interest, taxes, depreciation and amortization (EBITDA) rose 14% to $107.4 million from $94.4 million. US unit Del Monte Foods, Inc. (DMFI) generated 73% of DMPL’s sales in the second quarter worth $477.5 million after a 7% sales increase on the back of branded retail growth. The company said it reduced sales of low-margin private label products.

DMFI’s branded retail products grew 11% due to supply and distribution gains, the strong sales of its vegetable business, as well as the impact of the Thanksgiving holidays. Meanwhile, Del Monte Philippines, Inc. (DMPI) posted a 3% sales growth from a year ago in the second quarter to $186.1 million, owing to an 18% increase in sales abroad to $69.7 million. International sales ended higher on the back of demand for packaged fruit and beverages in the USA and Europe and S&W packaged pineapple and mixed fruit in North Asia. “In the premium fresh fruit segment, higher sales

Why Lesson Plan? JUVELYN BORRES GALINADA Teacher III Ampianga Elementary School DepEd Sugbongcogon District

Building a plan is a creative and vital process in which teachers use a variety of tactics to engage students, measure progress, and encourage learning and understanding while keeping the kids on the receiving end in mind. It is a time when teachers see all of the jigsaw pieces and consider how they will fit together to create a successful learning experience. Te a c h e r s w h o p l a n less ons a he ad of t ime enter the classroom each day fully prepared to explain new concepts and conduct important

conversations, rather than wing ing it. Wit hout a lesson plan, children may lose concentration rapidly, leaving teachers searching for what to do next. Teachers can use the planning process to doublecheck their understanding of the topics being taught and make sure they have all of the tools they will need to teach those concepts ahead of time, so they can more successfully pass that information on to their students. This, in turn, encourages greater respect and participation from the students throughout the

kaya ho masasabi nating 100 percent ang implementation/ compliance po nito (This is what the groceries and supermarkets are doing, that’s why we can say that implementation/compliance is 100 percent),” he added. Lopez said the agency is closely balancing the request of manufacturers to hike prices while protecting consumer welfare. He said commodity prices were unchanged for about two years since the pandemic started and were only hiked by about 3 percent starting August this year. (PNA)

class. How will the class go from the time students sit down at their desks until the bell rings at the end? Lesson planning aids teachers in breaking down each lesson into a defined flow with specific classroom activities, as well as establishing a schedule that they can adhere to. The pace of learning is also facilitated by well-managed classroom

time, as important parts of the lesson are not crammed in as time runs out, and students are kept interested evenly throughout the session. While each lesson should have its own objectives, it should also be part of a larger picture of national, state, and school standards that dictate what students should learn at each grade level and in each subject. Teachers can ensure that learners fulfill planned mi lestones w hi le a ls o making it easy to assess progress when such criteria are incorporated in a lesson plan. At the end of the year, they should be able to see how all of the lessons compare to those standards.

of S&W-branded MD2 pineapple were offset by lower sales of non-S&W branded pineapple due to reduced supply resulting from [the] timing of harvest,” Del Monte Pacific said. However, DMPL also noted that over half of the subsidiary’s sales are in the Philippines, with the international market taking the balance.

Philippine sales went down by 6% in dollar terms and 2% in peso terms to $100.2 million due to a high base. Its newly launched products, meanwhile, contributed 9% to Philippine sales in the second quarter. Del Monte Pacific said DMPI will continue to push its key healthfocused brands as well DEL MONTE/PAGE 7

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Grace to change T h i n k a m i nute… T he statesman and financer Cecil Rhodes who started his world-famous Rhodes Scholarships was also known for being a fine dresser. He once invited a young man to his home for dinner. This guest traveled far by train, so he arrived just in time to go directly to Rhodes’ home in his wrinkled, travel-stained clothes. When he got there, he was embarrassed to see all the other guests wearing their finest evening clothes. But the host, Rhodes, was nowhere to be seen. A few moments later Rhodes returned wearing a shabby old blue suit. The young man later learned that his host, the distinguished M r. R h o d e s , h a d b e e n dressed in a formal evening tuxedo. But when he heard of his guest’s embarrassment, he slipped away to change into an old suit. Grace is doing whatever it takes to make a person feel accepted. A passenger on a train was in the dining car looking over the lunch menu. The list included both a chicken sandwich and a chicken salad sandwich. He decided

THINK A MINUTE

WED-THU|MAY 11-12, 2022

Wao, Lanao del Sur: "Little Philippines"

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ORLAN R. RAVANERA Have you been to Wao? It is a very progressive town in Lanao del Sur with some 44,000 people now which was originally a community of the Maranaos. It was declared a Resettlement Area in the early 50s and in 1953 up to 1957, 18,000 hectares of Wao was declared an “open land” for distribution to settlers, the first batch of settlers of sixty families arrived after the government got the consent of no less than Sultan Mamaco Salipada and his family as Wao then was the “kaingin range” of the Sultan’s family. Records show that Sultan Mamaco officially met and welcomed the Christian settlers. That trail-blazing move of welcoming the settlers had since then saw the continuing arrivals of hundreds, if not thousands of settlers, coming from different parts of the country, i.e., the Ivatans from the province of Batanes, the Igorots from Banaue, the Ilocanaos from Ilocos, the Ilongos from Negros, the Tagalogs from Manila, the Pampaguenos from Pampanga, the Muslims from Jolo, Sulu and those tenants coming from everywhere else in the country who were tilling land not their own. Coming to Wao was a great liberation from hunger and poverty and all the settlers where so thankful then because they were not only recipients of a six- hectare area per farming family but also of working

animals, farming tools and food sustenance for three years. Wow, so great of you President Ramon Magsayasay, the man of the masses. This truism is based on the narratives of Dr. Jesus Guiab in his amazing book, “Lives in the Hands of God. He added that , ”the government, acknowledging Mamaco Salipada as Sultan of Wao, leader and the original tribal owner of Wao, appointed the Sultan as the first Mayor of Wao when on February 22, 1961, Wao became a town under an Executive Order issued by President Carlos P. Garcia.” With different tribes, creed and culture converging in Wao to make life better for their families and to correct a great social injustice of tilling the land not their own where farming benefits everyone except those who work under the excruciating heat of the sun, the poor farmers, Wao can indeed be called, the land of the brave and the free. If you were coming then from the Visayas or Luzon, Mindanao is the last place that you will reside as Mindanao was known then as the site of the “2nd longest war in the world – the Mindanao war, the Christian and Moslem Conflict.” Those who dared to live in Mindanao could be described then as adventurers and brave enough who are willing to face threatening and a dangerous life to be free from poverty, inequity and social injustice. Such convergence of the different tribes has made Wao a “little Philippines,” as described by Dr. Guiab. What is so amazing in Dr. Guiab’s book is that the excellent doctor did not only pour out narration on Wao’s interesting historical backdrop but gave an in-depth analysis. He narrated that on Feb.12,1973, a group of

Christians came to his house to tell there was an on-going exchange of gunshots between Christians and Moslems and in his pajamas, rode the jeep to the place where the shooting was – in the house of no less than Sultan Mamaco Salipada. It was the height of the Ilagas offensive led by Commander Kidlat. As narrated by those present, “Dr. Guiab walked into the melee and asked everyone to stop . Kung hindi dumating si Dr. Guiab, patay na sana si Sultan Mamaco. The good doctor saved his life.” In my dialogue with Dr. Guiab, I asked him why must he put himself in the fire zone when he could have been killed? He told me that the death of Sultan Mamaco could have triggered an allout-war between Christians and Moslems w it h t he involvement of “Blackshirts” and ISIS combatants and Wao would not be livable anymore.” I told the good doctor that you are not only saving lives by being an excellent doctor and for free at that but also curing the ailments of society. Indeed, there is no greater love on earth that one man willing to sacrifice his life so that hundreds, if not thousands will live. Wao is indeed “a little Philippines,” meaning, if you can unify the divergent people in Wao, the same strategy can be applied all over the country. It is in this context that the book of Dr, Guiab can contribute so much to the unification of Wao. How? First, we must have a clear analysis on the root cause of the problem. Is the divergence of beliefs, of doctrines, or religions be a contributing factor? Dr. Guiab somehow mentioned in his book the fallacies of life and religions as difference of beliefs can lead

to killing, as history tells us that truism. “Your religion, your belief is different from mine and therefore you must be killed!” Oh, such is a diabolic mindset! God has made man in His own image and likeness but man has reduced the image of God to his own image! Our lives in in the hands of God, as Dr. Guiab clearly narrated in his book and that should be the essence of one’s belief for peace to triumph against diabolical mind! Six score years ago when Sultan Mamaco allowed the Christians to occupy the choicest of lands in Wao, the Maranaos’ ancestral domain, never had they thought then that there will come a time that the Maranaos will be displaced and to live in continuing poverty while the Christian-occupants had significantly leaped forward socially, ecologically and economically. Dr. Guiab’s analysis that such perception that social injustice and gross inequities have loomed against the interest of the Maranaos will lead to a troubled Wao. Well, such is RES IPSA LOQUITOR. Look at the bigger Phillippines. Isn’t it now ruled and controlled by a few oligarchs? Who decides? Who controls? Who benefits? From our rich resoures? Only a few elites, conglomerates and oligarchs while the bulk of the people are living in extreme poverty? Yes, be it in Wao or in the country, let us counter violent extremism by drawing those in the margins into the mainstream of development process. No one shall be left behind especially our brothers and sisters Maranaos who once welcomed the Christians to live in their ancestral domain but now are living in poverty. As. Dr. Guiab would aptly express, WAO/PAGE 7

The ingrate son

JHAN TIAFAU HURST to get the chicken salad sandwich, but mistakenly wrote chicken sandwich on the order slip. When the waiter brought the chicken sandwich, the customer became angry. Instead of showing the customer his order slip that proved he was the one who made the mistake, the waiter kindly returned the chicken sandwich and brought the customer a chicken salad sandwich. L at e r, t h e c u s t om e r picked up his order slip and saw that he had been wrong, not the waiter. He apologized and offered to pay for both sandwiches. But the waiter said nicely: CHANGE/PAGE 7

WHAT kind of son is he who has the gall to disown his mother just because they differ in opinions and options? How vainglorious can a son get just because he thought he is free from the umbilical cord of his mother and is now on his own and can afford to renounce the woman who brought him into this world. And Lorenzo? He did it in a fashion that only a mad extremist deals with its victims. Gory, agonizing, cruel and showed it on the social media platform for the world to see and read. His act is worse than the biblical prodigal son. His is not a parable, it’s not a fable. He is a pulsating character angry at the choice of his mother, Loren Legarda, a distinguished senator who opted to run for the senate anew under the UniTeam. His exact words read in part: “My mother, a woman named Loren Legarda, is

running for senator on a slate led by a Marcos and a Duterte. I am absolutely disgusted by my mother and what she had decided to do. It sickens me and makes me want to die. I need everyone to know that Loren Legarda lost his son forever because of this”. This is merely an excerpt of a long venomous letter. Lorenzo, bared in his letter that he was born in 1990 and left the country five years ago, and has not returned since then. Obviously, he is a post martial law baby. While he talks of what he vicariously knew of the martial law regime he rants about how the succeeding regimes “whitewashed” the horrors of the past and blamed her mother for her acquiescence and branded her a fascist. Strangely he attributed his absence for half a decade of what he describes as “absolute horror” for the recent six years. It is not

surprising that he sent his letter to Rappler. The temper is no different from Maria Ressa’s incantation that the Philippines is worst than any country at war. He calls his mom a fascist for running in a slate led by A Marcos and A Duterte. He should have given his mother some credits for joining a team with A Duterte. Duterte's six years of presidency fixed the horrible years of the two Aquino regimes which apparently is the standard of governance he wants to be restored. Sad that he has not returned to his native land during the incumbency of Pres. Rodrigo Duterte. He could have seen how the country metamorphosed in just six years. Either he took hook-line-and sinker what Ressa is badmouthing the Philippines or merely stonewalling the big stride that the country had achieved. Come home Lorenzo

LETTERS FROM DAVAO

JUN LEDESMA and see for yourself why Solar Philippines Power Project Holdings, which was founded and chaired by your younger brother Leandro, has become the country’s leading renewable energy solutions with the healthy investment climate provided under, what you derogatorily referred to as, A Duterte. The woman named Loren Legarda you sadly disowned and referred to as a fascist remains to be one of the top senatorial bets and remains to be one of the nation’s most trusted political leaders.

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Shari’ah Supervisory Board to promote Islamic banking T HE bid to promote Islamic banking and finance in the Philippines got another boost following the signing of a memorandum of agreement (MOA) for the establishment of the Shari’ah Supervisory Board (SSB). The inter-agency Board in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was formally established last April through the issuance of a joint circular by the Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), the National Commission on Muslim Filipinos (NCMF), and the Bangsamoro government. “Upon its signing, we published the joint circular to convey to the domestic and global markets that the Philippines is continuously building the necessary infrastructure to accommodate an expanded Islamic banking and finance ecosystem,” said BSP Governor Benjamin Diokno in his

speech during the MOA signing on Wednesday. Aside from Diokno, other signatories to the MOA are DOF Undersecretary Bayani Agabin, BARMM Minister Mohammad Yacob, and NCMF Commissioner Yusoph Mando. Diokno said the tie-up among the founding government agencies does not end after the signing of the joint circular and the MOA. “The government agencies and private sector must continue to collaborate until our vision on an Islamic banking and finance ecosystem that viably operates alongside the conventional system, is realized,” he said. Diokno said the SSB will serve as a “strong arm” in reinforcing BSP's commitment to financial stability grounded on sound corporate governance in the delivery of financial products and services in the country. “By issuing Shari’ah opinions

SB Corp. releases P7.2-B microloans for MSMEs DEPARTMENT of Trade and Industry (DTI) Secretary Ramon Lopez said the agency’s financing arm has released a total of P7.2 billion worth of loans to micro, small and medium enterprises (MSMEs) to help them recover from the pandemic. At the launch of the Rise Up Program Friday, Lopez said the P7.2billion loan disbursed to MSMEs came from the Coronavirus disease 2019 Assistance to Restart Enterprises (CARES) program of Small Business (SB) Corp. Lopez said CARES loan has assisted around 42,100 borrowers. SBCorp launched the CARES program, a zerointerest loan, in 2020 with a P1-billion budget funded internally. With the success of

the program, Congress allocated PHP10 billion under the Bayanihan to Recover as One (Bayanihan 2) for the CARES loan. However, the Department of Budget and Management (DBM) only released P8.08 billion to the DTI’s financing arm. Of the total released fund, PHP4 billion was allotted for multi-sectoral MSMEs and PHP4 billion for tourism-related MSMEs. The rest was spent for the mobilization and operating expenses to roll out the microfinancing program. Lopez said loans for multi-sectoral MSMEs were fully utilized while the facility for the tourism sector was underutilized as tourism-related enterprises were reluctant to borrow money even at zerointerest rate due to their MICROLOANS/PAGE 7

on Islamic banking products and services, the SSB will play a key role in driving the business model of Islamic financial institutions and the sustainability of the Islamic banking products or services that will be made available to all Filipinos,” he said. Diokno said the establishment of the Board “can also boost trading activities, participatory financing schemes and entrepreneurial undertakings with financial institutions that are committed to providing end-to-end Shari'ahcompliant products and services.” “Clearly, the SSB can shape the Shari'ah governance oversight on Islamic banking and finance and complement existing conventional governance frameworks,” he said. He added that “while the tasks ahead are new and numerous, these are birth pains which I am optimistic of overcoming, given the strong commitments of the founding agencies.” (PNA)

LANDBANK’s net income surges 141% in the 1st quarter

LAND BANK of the Philippines’ (LANDBANK) net income soared by 141% in the first quarter, it said on Sunday. LANDBANK’s income for the first quarter was P13.2 billion, 141% higher than the P5.48 billion a year prior, the lender said in a statement on Sunday. This translates to a return on equity of 14.27%. The bank said the profit surge is “attributed to higher interest income from loans and investments, as well as one-time gains from the merger with the United Coconut Planters Bank (UCPB).” The lender did not provide complete figures on its first-quarter performance.

“LANDBANK’s income expansion runs parallel with the country’s strong economic resurgence. We will build on this growth trajectory to continue assisting key development sectors and contribute to our collective recovery, to drive our broader thrust of serving the nation,” LANDBANK President and Chief Executive Officer Cecilia C. Borromeo was quoted as saying in the statement. The state-run bank also reported assets of P2.792 trillion as of endMarch, 16% higher than the previous year’s P2.405 trillion. It said it remained the second-largest lender in the country in asset terms. INCOME/PAGE 7

Classroom Management For Better Learning Experience JUVELYN BORRES GALINADA Teacher III Ampianga Elementary School DepEd Sugbongcogon District

Classroom management is the orchestration of a group of students' l e a r n i n g e nv i ro n m e nt in a classroom setting. Classroom management was considered different from classroom instruction in the early 1970s. Teachers' management decisions were considered as preludes to instruction, and they were treated as such in the literature. The illustration depicted a teacher who first focused on classroom management before moving on to education without further consideration of management decisions. However, research conducted in the 1980s indicated that

Banking&Finance

management and instruction are intricately linked and complex. A teacher's classroom management system communicates information about the content and learning process beliefs of the teacher. It also limits the types of instruction that can be delivered in a given classroom. A learning environment in w hich the teacher assumes full responsibility for guiding students' conduct differs from one in which students are encouraged and trained to take responsibility for their own actions. Each of these settings will approach and understand content

differently. Furthermore, more intellectually demanding academic work and activities, such as those in which students produce goods or solve new challenges, necessitate complicated managerial decisions. This link between instructional activity and management complexity emphasizes how closely classroom management and curriculum are linked. From a student's

perspective, the interconnected nature of classroom management and classroom instruction is especially obvious. At all times, students are faced with at least two cognitive demands: academic task demands (understanding and working with content) and social task demands (interacting with others concerning that content). This means that students must work on both learning the topic and demonstrating that understanding through appropriate and effective participation. The teacher must make these academic and social activities easier to learn. Thus, management and education cannot be separated in terms of what students need to know in order to succeed.

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274

METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057

ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893

METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162

BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075

METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721

BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637

METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924

BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796

METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731

BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405

METRO BANK- GAISANO 8561720

BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 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

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

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

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

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COWD doantes Materials Recovery Facility (MRF) to Barangay Pagatpat for Earth Day 2022 despite of not so heavy or moderate rain shower, is being experienced. Amongst several factors attributing to climate change, solid waste management remains on the top list of possible solutions. While the local government per City Ordinance No. 133782018, or the “Integrated Eco-biological Solid Waste Management Ordinance”, mandates a “no segregation, no collection” policy, City Local Environment and Natural Resources Office (Clenro) says that they have not yet fully implemented of the new “no segregation, no collection” policy for solid wastes after some residents

As climate change has emerged to be the biggest threat to the survival of the planet, the United Nations (UN) has called for investing in the planet. Earth Day this year is based on the theme "invest in our planet" amid strong signs from the planet as intense floods and changing climate threaten its survival. While the COVID-19 pandemic has led to extreme human suffering, threats of the planet warming up under the effects of climate change are set to worsen the situation. The city of Cagayan de Oro is by no means exempted to the effects of climate change as flooding

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON WITH SPECIAL POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the late VISITACION GAID ARBUTANTE who died October 19, 2020 at Zone-7, Cogon, El Salvador City, Misamis Oriental, and intestate leaving certain bank count more particularly described to wit:

And has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON WITH SPECIAL POWER OF ATTORNEY, filed by the heirs of VISITACION GAID ARBUTANTE, per DOC #88; PAGE #18; BOOK #191; Series of 2022 under the Notarial Registry of ATTY. TIBURCIO M. PALASAN, JR. BWM: May 11, 18 & 25, 2022

in various barangays are still unaware on the new policy. COWD in its effort to cushion the effect of climate change, partnered with CLENRO for this year’s celebration of Earth Day by donating Materials Recovery Facility (MRF) to Barangay Pagatpat. While CLENRO representative Lynette Niane C. Lumantas introduced “TRASH TO CASH BACK” system to the local officials of Barangay Pagatpat as way of encouraging locals to segregate solid wastes, Committee on Environment Chairperson Ronny Vidal Obsioma of Barangay Pagatpat welcomed and accepted the MRF donated by COWD.

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 38 Cagayan de Oro City IN THE MATTER OF THE PETITION FOR THE CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH (REGISTRY NO. 98-10936) OF DENZEL FABELA OLANGO CHANGING THE ENTRY FOR THE SEX OF THE CHILD FROM FEMALE TO MALE THE BIRTH ORDER FROM 2ND TO 1ST AND THE DATE AND PLACE OF MARRIAGE OF PARENTS FROM JUNE 18, 1996, VILLANUEVA, MISAMIS ORIENTAL TO BLANK OR NO ENTRY, DENZEL FABELA OLANGO, Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY THE PHILIPPINE STATISTICS AUTHORITY, THE PHILIPPINE STATISTICS AUTHORITY REGIONAL OFFICE X, CRISANTO E. OLANGO (Father) and HELEN R. FABELA (Mother) Respondents. -----------------------------------------------/

ORDER

Before this Court is a Petition for Correction of Entries in the Certificate of Live Birth of herein petitioner as to his gender/sex, birth order, and the date and place of the marriage of his parents in the Offices of the Local Civil Registrar of the city, Philippines Statistics Authority, and Philippines Statistics Authority Regional Office X. IT IS HEREBY ORDERED that said Petition be set for hearing on June 13, 2022 at 2:00 in the afternoon at the Session Hall of this Court, on which date, time and place, all persons who may have any opposition to the petition herein sought, may appear to show cause why said petition should not be granted. Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing. Likewise, let copies of this Order, with Petition attached, be posted by the petitioner on the bulletin boards of this Court, the City Hall of Cagayan de Oro City and the Provincial Capitol of Misamis Oriental for at least ten (10) days prior to date of hearing. Petitioner is further ordered to furnish copies of this Order and the Petition to the Offices of the Solicitor General, City Prosecutor, Local Civil Registrar of Cagayan de Oro City, Philippine Statistics Authority, and Philippine Statistics Authority Regional Office X. SO ORDERED. April 25, 2022 at Cagayan de Oro City. (SGD) EMMANUEL P. PASAL Judge BWM: May 4, 11 & 18, 2022

103rd Bde aids Marawi voting center facing polling delay to the chairs, were still getting lost. As such, they had to find additional marking pens before they would allow voters to start voting. Ditucalan also said that some of the Vote Counting Machines (VCMs) established in particular polling precincts suffered technical issues as fed ballots were jammed. Accordingly, this problem led to the slow progress of voting and made the EB members initiate the feeding of ballots themselves to ensure that it was done properly and avoid paper jam. Ditucalan stressed that this was conducted with the consent of the voter DELAY/PAGE 7

MARAWI CITY, Lanao del Sur --The 103rd Infantry Brigade stationed here in the city aided a polling center that had encountered struggles that resulted in the delay in casting votes. Sultan Conding Elementary School (SCES) in the city faced challenges in terms of the technical flow and process of their polls. The polling place was discovered with a concern involving finished voters

without indelible ink on their fingers upon exiting the polling precinct. Soldiers on standby at the exit gate of the polling center were seen dropping the ink on the voters' nails. As such, the brigade especially visited the place to strongly remind the Electoral Boards (EBs) to carry out their mandate properly so as not to be instruments of chaos. Further, Assistant School Principal Shalinee Ditucalan detailed that their marking pens, although already tied

EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS WITH DEED OF ABSOLUTE SALE OF A PORTION OF LAND

KNOW ALL MEN BY THESE PRESENTS:

That the late GAUDIOSO CABERTO who died intestate sometime on May 10, 2019 at Jasaan Misamis Oriental, Leaving without any will and any debt; that the said decedent, at the time of his death left PORTION of certain real property being a coowner of the Lot as evidenced by the ORIGINAL CERTIFICATE OF TITLE NO. E-1843, situated at Barrio of Apsokahoy, Municipality of Claveria, Province of Misamis Oriental Island of Mindanao, containing an area of TWENTY-FIVE THOUSAND NINE HUNDRED FIFTY (25,950) Square Meters, that for and in consideration of the sum of ONE HUNDRED FIFTY THOUSAND PESOS (150,000.00), Philippine Currency, in hand paid by the herein Vendee JEFFREY RYAN VILLAFLOR NGO, receipts of which is hereby acknowledge by the herein HEIRS-VENDORS, and to their complete satisfaction, the VENDORS hereby sell, transfer and convey to the herein VENDEE, to his heirs assigns and successor-ininterest, portion of Lot-F-16-6120-D, (the technical description is herein attached as ANNEX A) containing an area of TWELVE THOUSAND NINE HUNDRED TWENTY (12,920) Square meters, as particularly described above, including all the improvements found thereon, free from all liens and encumbrances and further the VENDORS warrants their title and right over the above-decsribed real property, and shall defend the right of the VENDEE over the same against any claim of any third party and has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS WITH DEED OF ABSOLUTE SALE OF A PORTION OF LAND, filed by the heirs of GAUDIOSO CABERTO, per DOC #296; PAGE #60; BOOK #XXIX; Series of 2022 under the Notarial Registry of ATTY. ANNE MARGARETTE JUSTINE M. CRUZ.

That the late GUILLERMO BOLOY JR. who died intestate sometime on December 25, 2021 at Cugman Cagayan de Oro City, Misamis Oriental, leaving without any will and any debt; that the said decedent at the time of his death, left PORTION of certain real property being a co-owner of the lot as evidenced by the TRANSFER CERTIFICATE OF TITLE NO. E-1985, situated in the Barrio of Aposkahoy, Municipality of Claveria, Provinced of Misamis Oriental, island of Mindanao, containing an area of TEN THOUSAND (10,000) Square Meters, and has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS WITH DEED OF ABSOLUTE SALE OF A PORTION OF LAND, filed by the heirs of GUILLERMO BOLOY JR., in favor of NIÑO AGUILLON HERNANDEZ, per DOC #401; PAGE #81; BOOK #XXIX; Series of 2022 under the Notarial Registry of ATTY. ANNE MARGARETTE JUSTINE M. CRUZ.

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH WAIVER OF RIGHTS OVER MOTOR VEHICLE

BWM: April 27, May 4 & 11, 2022

BWM: May 4, 11 & 18, 2022

By CLAIRE GIGJE

BWM: April 27, May 4 & 11, 2022

KNOW ALL MEN BY THESE PRESENTS: That the late LUCIA PARREÑO NEWELL, who died intestate on September 10, 2021 the deceased owned private motor vehicle with MKE/ SERIES: ISUZU ALTERRA 4X2 AT; ENGINE NO.: 4JJ1BB3240; CHASSIS NO.: MPAUCR85HBT100526; PLATE NO.: KGE525; YEAR MODEL: 2011, and has been the subject of an EXTRAJUDICIAL SETTLEMENT AMONG HEIRSWITH WAIVER OF RIGHTS OVER MOTOR VEHICLE, filed by the heirs of LUCIA PARREÑO NEWELL, in favor JOHN ROSS NEWELL, per DOC #190; BOOK #38; BOOK #63; Series of 2022 under the Notarial Registry of ATTY. MARISSE GAY G. LICO-ABALDE.

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WED-THU|MAY 11-12, 2022

Del Monte... from page 3

as products made for “culinary enjoyment” such as its Del Monte Tomato Sauce. It will also continue to improve its distribution network, the parent company said. Me a nw h i l e , D M P I ’s EBITDA grew 5% to $40.6 million, while its net profit went up 10% to $26 million. The company noted that DMPI benefited from the government’s 25% reduced corporate tax rate. For the first six months ending October, DMPL’s net profit surged $54.1 million from last year’s $18.6 million. Sales for the period posted a 7.4% growth to $1.11 billion from $1.04 billion. Meanwhile, its EBITDA for the first six months climbed 33.3% to $182.34 million from $136.8 million year on year. The company said it is “positioned to unlock market opportunities” in China, as well as other underserved markets. DMPL is confident that it is “well-positioned” to build on its momentum seen in the previous fiscal year, expecting to “generate higher net profit” for the next. “We look for ward to sustaining the momentum into the second half of the year with an improved sales mix, higher new product contribution, and diversified channels to expand our brand footprint,” Mr. Campos said. “And to help us mitigate headwinds from higher costs, our teams continue to execute against our strategy of maximizing operational efficiencies while increasing higher-margin branded sales and reducing non-core sales,” he added.

ICTSI... from page 3

non-governmental organization RiverRecycle to pioneer a sustainable river waste collection system for M IC T ’s i m m e d i ate communities. To address the potential i s s u e of b a l l a s t w at e r contamination from foreign s h ip s , t h e Fou n d at i on and the Diliman Science R e s e arc h In s t itut e are testing prototypes for the Foundation’s Water Ballast Treatment System Project which, upon completion, can easily be carried on and off large cargo vessels visiting MICT to decontaminate ballast water prior to release into the sea. Looking at the long-term application, the device can be replicated and upscaled to help the government comply with the International Maritime Organization regulations based on the Ballast Water Management Convention of 2004, which mandates all signatory countries to establish their own ballast water treatment systems by 2028. Ready for impact Despite the knock-on effects of ongoing global supply chain disruptions a f f e c t i n g m aj o r hu b s , yard utilization at ICTSI’s

flagship remains manageable, according to data from the Philippine Ports Authority (PPA). As of PPA’s September 2021 Performance Report, MICT’s average yard utilization is at 63.02 percent. ICTSI continues to fasttrack the movement of overstaying import containers out of the port of Manila to improve on its utilization rate as more imports loom. To further improve the mobility of trucks inside the terminal, an additional truck ingress, equipped with optical character recognition, has been operational since April with additional automation to further improve gate service. The MICT also engages with the Bureau of Customs to continue to improve services in relation to the unimpeded and online release of cargo to include reduced releasing time from filing of entry and more seamless X-ray and inspection procedures. (PR)

Wao... from page 4

let us help the least of our brethren for people, planet, prosperity and peace. Let us therefore uproot the causes of war – poverty, inequity and social injustice. That had happened before during the ten-year mayorship of an amazing lawyer, Atty. Remedios Galutera Guiab, the lovely wife of Dr. Jesus Guiab from 1988 to 1998 when peace reigned in Wao and became a developmental show-window, not only in Mindanao but in the whole country. The good mayor had empowered the poor and the vulnerable to be drawn into the mainstream of development. She was an excellent mayor who brought Wao to greater heights. As an excellent transformative leader for people, planet, prosperity and peace, she had underscored the truism to be one and be connected with the Eternal Being – be God or Allah as there is only one God and our lives are in His hands,. During her stint, Wao did prove equal to its moniker, Wonderful Agricultural Opportunities and We Are One (WAO).

Microloans... from page 5

low operating capacity. To date, some P2.7 billion is still available for MSMEs in the tourism sector, Lopez said. To c o n t i n u e t h i s microfinancing program, SBCorp has launched its

online loan facilities available to multi-sectoral MSMEs. Lopez said SBCorp is allocating P6 billion for the Rise Up Program, which has three sub-programs including RiseUp Multi-Purpose Loan for multi-sectoral MSMEs, R i s e Up T i n d a h a n f o r MSMEs under a fast-moving consumer goods network, and RiseUp Turismo for MSMEs engaged in tourism activities. (PNA)

Income... from page 5

“The increase in assets was propelled by the merger, with UCPB contributing P291.83-billion additional assets. Major asset accounts, including loans and investments, likewise increased in double digits,” LANDBANK said. President Rodrigo R. Duterte in June last year signed an executive order ap p r ov i n g t h e m e r g e r between the two lenders, with LANDBANK as the surviving entity. The merger took effect on March 1. As of end-March, LANDBANK’s total loans to its priority sectors reached P822.01 billion. Of the total, P236.86 billion went to the agriculture sector. The lender also saw a 12% growth in its capital year on year to P218.36 billion from P194.59 billion, which it said was mainly due to the record net income booked in 2021. LANDBANK’s net profit grew by 27% to P21.75 billion in 2021, higher than its P19.68-billion target, amid lower cost of funds and loan loss provisions.

Cigars... from page 2

among others. The destruction was done together with representatives from the city government, law enforcement agencies, as well as the Commission on Audit, and the Department of Health. (PNA)

Glitches... from page 1

of the Electoral Board (EB) told voters to leave their ballots and let the EBs feed them to the VCM. This happened in one of the voting clusters in Bugo Elementary School when the VCMs experienced malfunctions, he said, adding that the issues were later resolved. Meanwhile, most voters interviewed by the Philippine News Agency (PNA) said their experience has been

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smooth, despite delays due to the long queues of voters. Lenz Marie Libres, a voter whose precinct was in Canitoan Elementary School, said the voting process needed improvement. "I arrived at Canitoan school (at) six in the morning and the machine would not work until 7 a.m. plus. By then, there (were) already many seniors, PWD (persons with disabilities), pregnant women who arrived," she said. (PNA)

Filipinos... from page 1

plataporma, agenda ng ating frontrunner pero napakadali ho kasing intindihin yung konsepto ng unity. Very plain, very simple kaya maaring ito yung dahilan kaya sila ay talagang nahikayat ,” he added. He said Marcos’ decision to skip debates and refusal t o e n g a g e i n n e g at i v e campaigning is “a really good decision” because Filipinos always root for the underdog. “Dito nga pinapakita ni BBM na instead na sumagot, instead na makipagsabyan sa mga alegasyon, they just chose to be focused on their own campaign, mobilize resources,” he said. He also said Filipinos were generally discontented by the failures of the post-Edsa regime. “Maar ing hindi na nagustuhan yung mga nangyari after EDSA,” he said. In contrast, he said Vice President Leni Robredo’s campaign “did not resonate well with the public” due to her declaration of wanting to thwart a Marcos comeback. “Maliwanag from the get-go yung kampanya ni Vice President Robredo medyo nandoon po siya talaga sa pagbato sa kung anu-anong alegasyon sa personality, sa pamilya, sa political background ng ating frontrunner, si BBM,” he added. Calilung said Robredo could have had a bigger shot at beating Marcos if her endorsements from different sectors came much earlier. “ T he y showe d y u ng k an i l ang puwe rs a mg a bandang Marso na mas nakatulong talaga doon sa kampanya,” he said. While Robredo’s house-to-

house campaign is admirable, he said they also came a little too late. “Ang naging tingin nga dito ng marami sa ating mga kababayan is a move of desperation na lang nga e ,” he said. Regardless of the election results, he said Robredo’s movement of volunteerism is proof that she is still the country’s most powerful opposition figure. “Nung patapos ang 2016 kasi, hindi natin nakita kung sino ba talaga yung ulo ng opposition, hindi naging maliwanag. Pero,” he added. (PNA)

Peaceful...

from page 1 (Covid-19) protocols were not properly observed. Some volunteers also reported non-adherence to Commission on Elections ( C omel e c ) pro c e du re s , citing a situation in Pototan, Iloilo where there was no uniformity in the sealing of the ballot box. One was sealed with packing tape while another with a cable tie. Some machines, Namfrel said, did not work as expected but were fixed before the start of voting. In Quezon City, a Namfrel volunteer reported that a VCM was not delivered until 6:30 a.m., or 30 minutes past opening time, while in San Juan City, some voters reported they could not find their clustered precinct number. Paper jams, rejection of ballots, or sudden shutdown were the most common VCM issues. The poll watchdog added that there were people seen wearing campaign shirts in voting centers. Namfrel commended the Comelec for the establishment of Emergency Accessible Polling Places and Isolation Polling Places for voters with suspected Covid-19 symptoms or are not feeling well. (PNA)

Projects... from page 8

compa ny w i l l cont i nue to provide support to the communities. "This is such a momentous e vent for T SI a nd t he barangays surrounding the plants," he said. “Our promise

is to advance business and communities—there will be no development if it were just us growing alone so we are so glad to have partners who help us along the way to fulfill that promise." TSI has already donated around P80 million worth of CSR projects since 2011 to its host communities in Barangay Binugao in Toril, Davao City and Barangay Inawaya n in Sta. Cr uz , Davao del Sur—48.9 percent of which was focused on e duc at ion . D u r i ng t he pandemic in the past two years, the projects were focused on health, safety, and enterprise development to address the urgent needs of the communities. T hese projec ts a re a t e s t a m e n t t o T S I 's commitment to t he Sustainable Development Goals of the United Nations, pa r t ic u la rly on end i ng poverty and hunger, providing quality education and decent work, and the building of resilient infrastructures, among others. A b o i t i z Pow e r subsidiary TSI operates the 300-megawatt (2x150 MW) Davao coal-fired power plant located along the boundary of Davao City and Sta. Cruz, Davao del Sur. It utilizes the Circulating Fluidized Bed (CFB) technology and it is the first plant in the Philippines to build a “coal dome” to safely store coal and prevent fugitive dust emissions.

Delay... from page 6

and the watchers from the candidates' parties who were present at the moment. Despite the issues and concerns met during the duration of the polls, the brigade still assessed the elections in the city as peaceful in general with no major incidents happening. (CRG/PIA-10/Lanao del Sur)

BusinessWeek MINDANAO CREDIBLE

FEATURE

RELIABLE

IN-DEPTH

Wed-Thu|May 11-12, 2022

(From left to right) Inawayan Barangay Captain Danny Baquial, DepEd Davao del Sur Senior Education Program Specialist Bernie Quilaton, DepEd-Davao City Division Assistant Schools Division Superintendent Dr. Marilyn Deduyo, Davao del Sur Provincial Health Officer Dr. Jonna Masongsong, TSI Vice President for Operations and Maintenance and Facility Head Abe Nisnisan, AboitizPower Coal Business Unit Vice President for Corporate Services Ginger Tanchi, Sta. Cruz Municipal Administrator Omar Jason Martel, Persons with Disability of Sta. Cruz Association President Nomer Tizon, and Binugao Barangay Captain Remegio Saniel

Therma South to implement P7.5-M cmty projects in 2022

AVAO CITY— In its bid to co-create safe, empowered, and sustainable communities, AboitizPower subsidiary Therma South, Inc. (TSI) has signed an agreement for 9 corporate social responsibility (CSR) projects worth P7.5 million to be implemented this year. The project partners and beneficiaries inked their Memorandum of Agreement (MOA) during a one-time signing ceremony last April 19, 2022 in Barangay Binugao in Davao City. The event was attended by representatives of various sectors including barangay officials and officers from the education and health departments of the government. "COVID-19 has certainly changed the way we live, the way we work, the way we interact with people, but I believe, one thing has not changed: our partnership with the communities and the local government units," said AboitizPower Coal Business Unit Vice President for Corporate Services Ginger Tanchi. "We strive hard in order to support our host communities who have also been working alongside us, and partnering with us," she added. With support from Aboitiz Foundation, the CSR projects slated for the year are focused on educational scholarship and facility improvements,

infrastructure initiatives for safe and disaster resiliency, and livelihood programs that integrate environmental sustainability, and health programs. Sustainable projects for the community Part of the roster of projects to be implemented this year is the Binugao Backyard Farming and Community Garden program which was initiated by community members during the pandemic. TSI Reputation and Stakeholder Management Manager Lou Jason Deligencia explained that since it was difficult for these community members to go to the market during the pandemic, the barangay allowed them to grow vegetables in a vacant lot. Like this program, Deligencia said other initiatives being implemented this year are brought by a series of planning sessions conducted with local community leaders to map out the social interventions they needed to support community development. “We practice a participative and responsive CSR here in TSI,” he said. “The framework we are using is a collaboration between the company and our partners from the community. These projects will not be launched today if not for the cooperation from our stakeholders.”

Other initiatives include granting of high school and college scholarships to indigent students with good scholastic records in barangay Binugao and Inawayan, school facility improvements, and various livelihood opportunities. During his speech at the ceremony, Inawayan Barangay Captain Danny Baquial thanked TSI for its unwavering support to his constituents, especially during this time of pandemic. “Barangay Inawayan has become famous for

its projects because of AboitizPower. “Nakahimo mi ug barangay isolation unit from AboitizPower through ER 1-94, we are the only barangay in Davao del Sur to have an isolation unit,” he explained. TSI is also now on its final leg of a three-year commitment to provide support to Davao del Sur Provincial Hospital. For this year, the company will be building a waiting area for the hospital, among other initiatives. “The projects that we have identified and conducted with TSI in

the past few years are useful for the hospital, for us to deliver the services that the people of Davao del Sur needs. Para sa amo, importante na nahimo namo ang TSI na partner, and we are thankful that we are one of the recipients of your CSR,” said Davao del Sur Provincial Health Officer Dr. Jonna Masongsong. Working together towards a better future Sta. Cruz Municipal Administrator Omar Jason Martel thanked TSI for its support to the municipality, and for continuously providing

sustainable solutions to community concerns. "The government cannot do this alone, the government requires participation, cooperation, and partnership of all stakeholders in nationbuilding," he said. "Hopefully, this will be sustained and will be expanded to other communities." For his part, TSI Vice President for Operations and Maintenance and Facility Head Abe Nisnisan assured the partners and stakeholders that the PROJECTS/PAGE 7

Sustaining marine conservation efforts in Misamis Oriental

PERSONNEL from energy firm STEAG State Power Inc. (SPI) and the Environment and Natural Resources (ENRO) Office of Misamis Oriental recently conducted a joint inspection and monitoring of the various mangrove development and rehabilitation projects in the province. The activity is part of the continuing commitment to help sustain the marine conservation

efforts in Misamis Oriental. From a 1.4-hectare mangrove development project in its host town of Villanueva, SPI’s support has scaled up to cover an additional 15 hectares. These are located in El Salvador and Gingoog cities and the municipalities of Sugbongcogon, Balingasag, and Gitagum. The project is implemented by the provincial government using its

share in the electricity sales of SPI under the ER 1-94 guidelines of the Department of Energy (DOE). Mangroves are crucial to providing the essential habitat for thousands of marine species while serving as natural filters of pollutants from upland runoff. They also help in stabilizing shorelines and in preventing soil erosion.