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Volume VIII, No. 144 As of 6:00 pm May 11, 2018 (friday)

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Briefly GSIS financial loan THE Government Service Insurance System (GSIS) on Tuesday will start accepting applications for the GSIS Financial Assistance Loan (GFAL) program for personnel of the Department of Education (DepEd). Under the program, GSIS will lend a maximum amount of PHP500,000 to DepEd borrowers to pay the outstanding balance of their loan from accredited private lending institutions. “Instead of offering the GFAL to DepEd personnel in selected cities and municipalities on a pilot run, we decided to open it to all teachers and teaching personnel nationwide because we want more teachers to benefit from lower interest rate and better terms of payment from GSIS,” president and general manager of GSIS, Jesus Clint Aranas, said in a news release issued Friday.

Siargao bridge CONSTRUCTION of a bridge that is seen to boost tourism in Siargao is now underway, the Department of Public Works and Highways (DPWH) said. The P337-million bridge project will connect Catangnan and Cabitoonan villages of General Luna town, providing an easier travel around the surfing capital of the Philippines. According to DPWH Region 13 Director Pol delos Santos, the construction, that covers 348-lineal meter, is now under Phase 2, which is expected to be completed by 2019.

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Monday|May 14, 2018

Cagayan de Oro Lapasan Highway, Cagayan de Oro City

Stable power supply assured during polls • NGCP, Cepalco on standby alert

By MARK FRANCISCO, Staff Writer

INDANAO-wide grid monopoly National Grid C or p or at i on of t h e Phi lippines (NGCP) and local utility Cagayan Electric Power and Light Company (Cepalco) are all set for the barangay elections today.

BARANGAY POLLS. Campaign sorties are over and the nation goes to the polls today, May 14, for barangay and Sangguniang Kabataan elections. photo courtesy of cnnphilippines.com

In a phone interview, NGCP Mindanao District 3 communications Mae Curiano said that they have activated their overall command center as early as Friday. Mindanao District 3 comprises Mis amis Or ient a l, Bu k idnon, Camiguin and North Cotabato. Curiano added that none of the provinces mentioned are “election stable/PAGE 11

Gov’t urged to expand travel Money politics seen tax exemption to BIMP-EAGA in proxy war in Agusan Sur town By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- Government must abolish travel taxes for travelers from Mindanao and Palawan going to any destination in the Brunei D ar uss a l am - Ind one s i a Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) “to encourage

everybody to travel and learn in the process,” Davao City Chamber of C ommerce and Industry Inc. president Arturo Milan said Friday. President Duterte signed on May 8 a memorandum order renewing his predecess or’s p olic y of

granting travel tax exemption for travelers from Mindanao to certain destinations in the economic sub-region. “We, at the Davao City Chamber of Commerce, welcome the exemption of paying travel tax to the BIMP countries. This will surely encourage tourism and people travel/PAGE 11

By CHRIS V. PANGANIBAN, Contributing Editor

ROSARIO, Agusan del Sur--- The election in the 11 villages of this mining rich town will be a proxy “battle royal” among multimillionaire small[-scale gold

tunnel miners where money is expected to flow to buy votes on election day. The bitter rivalr y between Mayor Jose Cuyos politics/PAGE 11

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

ARMM Ramadan Fair 2018 to highlight local products By NOEL PUNZALAN, PNA

COTABATO City -- Some 75 booths featuring local goods would highlight the opening on Friday of the month-long Ramadan Trade Fair at the Autonomous Region in Muslim Mindanao (ARMM) compound in this city.

The Ramadan is expected to start on May 15, depending on the sighting of the new crescent moon according to the Islamic lunar calendar, and end on June 15 through Eid’l Fitr, the celebration marking the ramadan/PAGE 11

LGU, Deped, ink MOA with Hedcor for CSR projects By JASPER MARIE OBLINA-RUCAT, Conrtributor

MANOLO Fortich, Bukidnon -- A memorandum of agreement (MOA) has been signed to jumpstart the implementation of several projects under Hedcor’s Corporate Social

Responsibility (CSR) programs. Manolo Fortich Mayor Clive Quiño, Impasug-ong Mayor Anthony Uy, and DepEd School Division Superintendent Cherry projects/PAGE 11

Economy

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Monday|May 14, 2018

Davao Region surprises with historic 10.9% GRDP growth

AVAO City -Davao Region (Region XI) posted its highest Gross Regional Domestic Product (GRDP) at 10.9 percent in 2017. This was the highlight of the 2017 Report on the Regional Economy of Davao Region which was reported by Rosendo M. Aya-ay, chief statistical specialist of the regional office of the Philippine Statistics Authority (PSA). The 2017 GRDP growth eclipsed the 2016 GRDP growth which as at 9.5 percent. The GRDP growth is higher than the Gross Domestic Product

growth of the country (2016-2017) at 6.7 percent. The industry sector posted a 19.1 percent growth followed by the service sector 7.3 percent and the agriculture, hunting, forestry and fishing sector at 1.7 percent. The services sector continued to account for the biggest share to the region’s economy at 49.6 percent. Industry followed with a 39.2 percent share; and agriculture, hunting, forestry and fishing (AHFF) with 11.2 percent

share. Being the top performing economy in Mindanao, Davao Region has the 5th biggest economy in the country and the second fastest growing economy next to Cordillera Autonomous Region. GRDP measures the goods and services produced in each of the geo-political regions of the country. It provides for an analysis of the regional distribution of the country’s GDP, the

industries and factors that contribute to the regional economies, and the pace at which these economies are moving on an annual basis. It is compiled annually by the PSA. National Economic Development AuthorityXI Regional Director Maria Lourdes Lim said that Martial Law, which was declared all over Mindanao in May of last year had no impact or even contributed to the record economic growth in the region. historic/PAGE 11

Reading Readiness By: ETHEL MONSANTO ARIENZA, TEACHER III STO NIÑO ELEMENTARY SCHOOL STO NIÑO, MANOLO FORTICH, BUKIDNON

RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao

DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

Children learn to speak by listening to the talk of p are nt s and ot he rs around them. They can learn read and other around them. Reading, s i mply u nd e rsto o d, is ge tt i ng me an i ng f rom symbols that represent the language we speak. People have thought into symbolsmarks, picture, and letters so that other can derive meaning and understand from them through the act of reading. Young children can begin to learn to read by listening to a parent read aloud while looking at the print being read. They learn to develop language by starting with concepts There are three reading readiness skills that the

essential for reading success. The reading readiness skills are Phoneme knowledge, Letter Name Knowledge and sound symbol relationship. Phonemes are small units of sound. The pre reading skill can begin to be learned at home as parents talk, sing and play words games. Youngster may learn to clap along as song and to recognize rhyming words i n nu rs e r y r hy m e s or other poems. Letter Name Knowledge is learning to identify letters by name is another important skill. Children should be able to look at the single letter b, for instance, and say its name. Parents who talk about letters in signs, ads and on grocery items, and

who also ask children a big advantage in learning to read. Sound symbol relationship when children can associate the sound they hear in a word with the symbols or letter that represents that sound they are learning sound symbol relationship. For instance, children may know that first sound they hear in the word ‘’ cat ‘’ is represented by the letter d. To attain the proficiencies and attitudes necessary for lifetime literacy, youngsters should have home and s cho ol e x p e r i e nc e s i n reading. The more young people read and expand their interest in books of literacy worth, the likelier they are to achieve literacy.

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

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Monday|May 14, 2018

Cocktail’s Night with Primavera City L et’s be honest, one of the highlights of any weekends is treating yourself into a well-deserved drink and cocktails are often the best indulgence. Colorful, fruity, fancy – what’s not to love about a perfect cocktail? Last April 27 - Primavera City, the new premier project of the multi-awarded listed green developer Italpinas Development Corporation (IDC) hosted its Mixer’s Night in partnership with

Philippine Business Bank. “We are grateful that Philippine Business Bank is our newest partner, this way we can assure that we provided our clients an option to own a sustainable investment with us ” said Lynette Rongo, IDC Senior Sales Manager The gathering was attended by IDC partners such as banks, brokers and sellers, media personnel, various politicians and Primavera City prospect buyers.

Primavera City, located in Uptown Cagayan de Oro, is a pioneering eco-friendly condominium project in Northern Mindanao that offers unit owners a big advantage in energy savings. Built-in with cutting-edge green strategies, Primavera project harnesses the best principles of passive and active energy. Considered as the latest sustainable development in Uptown CDO, Primavera City will harness passive cooling

technology using shadow and sunlight control, wind cooling and shape performance, featuring renewable energy that will be produced from semi-transparent photovoltaic panels found on the roof and external, east-side, walls. Primavera City is designed as a seven-tower development. The first phase of the project, Towers A and B will consist of residential, commercial and office spaces. Towers A and B together will have 281 residential units composed of

a studio, one-bedroom, and twobedroom units. The commercial podium will have restaurants, office and commercial spaces such as convenience stores, banks, to name a few located on the first three floors of the towers. The first phase of the project is scheduled to be completed in the last quarter of 2018. Its seventh tower, the final one to be built, is planned to be a high rise hotel and an icon of the new and modern face of uptown CDO.

Opinion

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Monday|May 14, 2018

Muntinlupa City “best practices” lauded Speaking out

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Cris diaz (on leave) ATTY. antonio s. soriano mike baños 2f, ICS Building BONG FABE Tel.No.: 881-0176 Contributing Tiano cor. Montalvan sts. Editors Legal Counsel CLIFFORD SANTILLAN Layout Artist

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ignacio bunye The multi-awarded LGU of Muntinlupa City has added two more best practices feathers in its cap. The National Archives of the Philippines, thru its Executive Director Victorino Manalo, cited Muntinlupa as the best model (among LGUs) for records management in the country.

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How many hours do you work usually daily? We are all workers whether we work Member: in a plush carpetted office as executives and managers, in Philippine Press Institute a hot and noisy assemblyplant as factory-hands or as Oro Chamber house-wives at home. Why do we work? Why do we slug five or six days a week (or even more?) for eight or more hours at a stretch? The church has had quite a lot to say about work and the fact of death is the fear think a minute of death. In the back of our especially, the rights of the minds we know that every workers. And when you get day we’re getting closer and closer to the day we die. But is our death the end of us? Does death have the last word? Does it destroy our Kakampi mo ang batas plans for living and take away all our hope? The answer’s quite simple: it depends on how and who jhan tiafau hurst you’re living for. When it comes to death, Think a Minute…Someone Jesus Christ has been there said: “Death is the worst and done that. He walked part of life!” A famous right into the grave and jaws entertainer once said: “I’m of death…and came right not afraid to die, I just don’t back out alive! Jesus Christ, Batas Mauricio want to be there when it not death, is the One Who happens!” Unfortunately, has the last word. He’s the when it’s our time to die only person in history who LIFE’S INSPIRATIONS: we don’t have any choice could do it—for one simple “…`Unless a man be born but to be there! Death is a reason: He’s God Himself. from God, he cannot see the fact of life that none of us So we never again have to kingdom of God’…” (Jesus can escape! Sooner or later, fear death! You see, if you’re Christ, our God and Savior, in every one of us is going to living His way every day in John 3:3, the Sole Way Bible). stand alone and look death a personal relationship with -oooin the face! Him, Jesus said He’s going HAVE YOU BEEN BORN Don’t forget, the statistics to lead you safely through OF GOD? As a reaction to my and chances of death are death into eternal life with Facebook post as the Leader 100%, it never fails: one Him. Disciple of the Children of out of every one people die! Will death have the last God Blood Kin of the Christ No one has ever gotten out word in your life? Not if Church (or AND KNK, of it alive! It doesn’t matter you choose to live for Jesus Simbahang Anak ng Diyos how rich, powerful, strong, Christ! Only Jesus can get Kadugo Ni Kristo) which or healthy we are—we’re all you through death—safe appeared on May 12, 2018, going to die! It may be a and alive! Only He speaks a message was sent to me by few more years or next week. the last word! And it’s the Pastor Ver Medina, a born So are you ready now? word not of death but of again pastor, which went on But almost worse than word/PAGE 10 like this: a person needs to

Who has the last word?

that will definitely enrich its collection. He expressed hope that other LGUs would follow suit. More recently, Muntinlupa also earned kudos for its initiative in grassroots communication thru the establishment of the country’s first local active barangay information officers’ network. In 2014, Muntinlupa City Public Information Officer Tez Valencia-Navarro created the network, consisting of 50 information officers from the city’s nine barangays and offices of the city government. The group has been consistently assisting the city government in facilitating information and education campaigns – an initiative which has even caught the attention of Presidential

Communications Operations Office Secretar y Martin Andanar. Other significant awards and recognition previously given to Muntinlupa City include the following: - “Most Business-Friendly City in the Philippines in 2017” by the Philippine Chamber of Commerce and Industry (PCCI) - “Top 3 Most Competitive Highly Urbanized Cities in Government Efficiency” by the National Competitive Council - “Most Child-Friendly City in the National Capital Region” by the Regional Council for the Welfare of Children, - “Most Innovative LGU” - “B e st i n Pro g r am muntinlupa/PAGE 11

Work-life balance?

ATTY. MARIO T. JUNI

Cell No: 09352379999

Muntinlupa recently turned over to the National Archives its archival records of local and national importance – the very first LGU to do so. Muntinlupa City Mayor Jaime Fresnedi explained that the turnover of documents was in line with the LGU’s thrust to advance efficient records management as a tool for transparency and accountability. Fresnedi explained that the move is meant to address huge information gaps created when LGU records are not properly turned from an outgoing administration to the next. Executive Director Manalo said that Muntinlupa City has bestowed on the National Archives a treasure

through the church jargon, you’ll find statements on minimum wages for workers, needs for leisure and social benefits. It is the Book of Genesis which tell us that work is God’s gift to human beings. God gave us the will, power and intelligence to “fill the earth and subdue it” and not just talk about seeing the wild beasts, the fruits and grains... . We are given the enormous task of shaping the earth, whether as machinist in a textile factory, or as clerk in court. The important message is: Work is for man (and woman) and not man (and woman) for work! Through work, man develops himself, his personality and his sense of self-worth. It is also through work that man produces goods and ser vices contributing and participating in the development and society.

In the encyclical Laborem Exercens (on human work), Pope John Paul II made it clear that there should be just remuneration for the work of an adult who is responsible for a family and this means enoug h mone y for t he breadwinner to feed, clothe and maintain his partner and children, with provisions “for security for his future”. I came across an Asian nation’s legislators overwhelmingly approved a bill that reduces the maximum weekly work hours. South Korea is reducing its maximum working week from 68 hours to 52 hours in a bid to boost the country’s productivity and the number of children being born. But the average working week varies depending where you live in the world. So, which countries are “burning the midnight oil”? In March, South Korea’s National Assembly passed a

law that will give a substantial amount of its workforce a well-deserved break. It is the developed nation with the longest working hours, according to the Organization for Economic Cooperation and Development (OECD). The S outh Korean government also believes it could even increase the country’s birth rate, which has decreased substantially in the last few decades. This new law will come into force in July 2018, although initially it will only apply to large companies before reaching smaller businesses. Despite opposition from the business community, the South Korean government believes the law is necessary to improve living standards, create more jobs and boost productivity Exceptions to the rule? The South Korean government also believes balance/PAGE 10

Have you been born of God? be born again so he can be considered as having been chosen by God. For the information of everyone, the AND KNK already undertook a study on this matter, and came up with its own findings. The AND KNK said: in the discussion between Jesus and Nicodemus which has been recorded in John 3 of the Bible, did Jesus really say “born again”? The question was apparently prompted by AND KNK’s doctrine that it is not a “born again” church, but something else---AND KNK is a church that, according to John 1:12-13, is born “from above” or, more appropriately, born from God. This is the reason why AND KNK members are not called “born again Christians” but “born of God believers”. -ooo JESUS DID NOT SAY T H E WO R D S “ B O R N AGAIN”: What is the basis for this AND KNK doctrine? It is based on several Biblical verses that start with John 3:3,

where Jesus is supposed to have instructed Nicodemus how a man could enter the kingdom of heaven. In the New International Version (NIV) translation of the Bible (which is basically the Born Again Bible), it is there said that for a man to enter the kingdom of God, he must be `born again’. Unfortunately, however, this translation is clearly a flawed one. Why is the NIV translation of what Jesus said a flawed one? This is because even the NIV admits that flawed translation, by adding a footnote to the phrase “born again”. When the NIV version of John 3:3 is read very carefully, that footnote will standout, and when it is read at the bottom of the text, it is there admitted that what Jesus really said was not `born again’, but “born from above”, or “born of God”. -ooo EVEN IF A MAN IS “ B O R N AG A I N ”, H I S S A LVAT ION I S ST I L L

U N C E RTA I N : W h i c h , precisely, is what John 1:12-13 is saying: those who receive and have faith in Jesus become children of God, who are then born from God. It is therefore clear that for man to enter the kingdom of God, he must be born from God, not born again. T h i s a s s u m e s g r e at significance when we consider that man is really sinful (Romans 3:23, Genesis 6:7), so that even if he is “born again” a million times, he will remain a man who is full of sin. Consequently, it is clear that the NIV and Born Again translations of John 3:3 would be totally misleading, first because `born again’ was not what Jesus meant, and secondly, because being “born again”, according to the other verses of the Bible, would not really mean salvation. What is needed is for a man to be “born of God”, and that is what AND KNK is preaching and trying to convert man to. Born/PAGE 10

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Monday|May 14, 2018

CorporateWorld

skeptical about sharing SMC food and beverage unit PLDT cell towers with competitors ramps up 2018 expansion

AN Miguel Food and Beverage Inc. (SMFB), the now consolidated food and beverage subsidiary of diversified conglomerate San Miguel Corp., announced that its ambitious expansion plans are in full steam, as it counts on a robust economy to propel its growth this year. San Miguel Pure Foods Co. Inc. (SMF) President Francisco Alejo III said its expansion projects in feeds, poultry and meats, flour and processed meats are in full swing, with a number of them expected to be ready for commissioning by

the end of 2018. “The other expansion programs that we have are in advanced stage… So we expect that these new capacities will really help the company sustain its profitability going into the future,” he said during the company’s stockholders’ meeting on Friday. SMF, now officially named SMFB, posted a 12-percent increase in consolidated revenues to PHP29.8 billion in the first quarter of 2018 on the back of the continued strong growth momentum of the poultry and meats and value-added meats businesses.

Cebu Pacific suspends Caticlan flights CEBU PACIFIC said it is temporarily halting all flights to and from Caticlan, Aklan due to the very low demand following the closure of Boracay. In a statement on Thursday, the Gokongweiled airline said its Caticlan operations will be suspended from May 17 to Oct. 27. Full commercial service to Caticlan is expected to resume once Boracay is reopened in late October. It gave affected passengers the option to

get a full refund for their ticket, save the value of their ticket for future use, rebook the flight or reroute to any domestic destination within 30 days. President Rodrigo R. Duterte last month approved the six-month closure of Boracay, starting April 26, to allow for its rehabilitation. Cebu Pacific initially decided to only trim its operations to Caticlan and Kalibo to six flights daily to accommodate the locals.

The School Guidance Counselor By: Divina L. Alenton STO NIÑO ELEMENTARY SCHOOL STO NIÑO MANOLO FORTICH, BUKIDNON

School Guidance Counselor is a tough job. It is role that surpasses some other roles in school. Dealing with pupils and teacher with problems are not an easy job. Sometimes it is heart-warming but most of the time heart-breaking because it affect you as you address the needs of the pupils to solve conflicts. A s cho ol Guidance Counselor has to deal with

emotional , psychological, social and even spiritual concerns to resolve conflict. He/she must be fair and just in making decision to guide the pupils to the path of righteousness. Most importantly a Guidance Counselor sets himself/herself as good example to the pupils, parents and teacher and to community where he/ she lives.

It’s Cool to be Back in School EVA M. ESCOL Dalirig Elementary School-Teacher III

Summer vacation is almost gone! Back to school is fast approaching. Everybody is getting ready to it. The p are nt s , t he l e ar ne rs , the community and the Department of Education are now preparing for this incoming school year. In fact the Department of Education is holding its Annual Activity which is “BRIGADA ESKWELA”, which happens a week

before the classes start .This involves everybody in the community the internal stakeholders and external stakeholders to help hand in hand to make the school prepared and conducive for learning in the first day of school. They do the cleaning in the classroom, sweeping the ground, repainting, and mowing the lawn with the supervision of the teachers and school heads.

Its net income, however, declined 7 percent to PHP4.1 billion due to pre-operating expenses due to expansion, as well as market losses in the movements of the foreign exchange (forex). “We expect for 2018 that we will be able to sustain our profitability coming from 2017,” said Alejo. In 2017, the firm’s net income surged by 16 percent to P6.91 billion from P5.98 billion the

previous year. “We are all looking at the robust economy of the Philippines, first quarter was 6.8-percent growth already. With all the infrastructure spending hopefully, a lot of employment will be created and it augurs well with our type of products. There is high spending on food, 40 percent of disposable income is on food so it’s quite huge,” he added. (PNA)

TELECOMMUNICATIONS firm PLDT Inc. is not too keen about sharing its cellular towers with competitors, especially since this may open the door for just any new industry player to use them in their network rollout. “Our position for this time is we don’t see the need to share our network elements, including the towers,” PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said in a press conference Thursday.

This was in reaction to the proposal of its corporate rival Globe Telecom to jointly create an independent tower company that will expedite the installation and deployment of cellular towers to further improve Internet services. Pangilinan’s statement is seen by industry observers as an outright turn-down of Globe’s offer. PLDT said any new tower should be erected in areas where a given telco has an ongoing network pldt/PAGE 10

Technology

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Monday|May 14, 2018

SoKor gov’t allots $626-M nanotech dev’t budget for 2018

outh Korea’s science ministry said Monday it will spend 669.3 billion won (US$626 million) this year on developing core nanotechnology knowhow to improve the competitiveness of the country’s industrial sector. The 2018 spending plan is up from 514.1 billion won earmarked in 2017 and aims to develop key technologies that can be applied in various industrial areas, the Ministry of Science and

ICT said. Nanotechnology refers to the process of making nanometerscale materials to create more stable and precise products that also often have new and better characteristics. One nanometer is equal to one-billionth of a meter. Of the total, 572 billion won will be allocated to develop indigenous technologies and also to commercialize those that have already been developed to boost the global market share of

DOST seeks collaborative R&D proposals for industries The Department of Science and Technology (DOST) is seeking collaborative research and development (R&D) proposals from higher education institutions (HEIs) and Research and Development Institutions (RDIs) and their partner industries. The approved proposals, which need to be completed from one to three years, will have at most PHP5 million funding, according to a leaflet released by the DOST recently.

The collaborative R&D funding will be made possible through the DOST’s Collaborative Research and Development to Leverage Philippine Economy (CRADLE) Program, which is also part of the agency’s Science for Change Program (S4CP). DOST Undersecretary Rowena Cristina Guevara earlier told the Philippine News Agency (PNA) that the S4CP aims to identify areas that need enhanced R&D investments and dost/PAGE 9

local companies, the science ministry said. Under a joint development plan with other related government agencies, the government will invest 44.6 billion won in 2018 alone to nurture skilled workers in the sector. The government will spend 52.7 billion won this year on developing infrastructure that will include a new evaluation system to check the performance of any nanotechnology product, according to the ministry. (Yonhap)

China, Japan develop aerotrain running 400-500 km/hour

BEIJING -- A high-speed aerotrain that could run 400 km. to 500 km. per hour is being developed by China and Japan in a joint effort, Chinese media Chongqing Morning Post reported. The aerotrain does not run on traditional fuel resources, such as coal, gas or electricity, and is expected to change the world’s transportation system, according to experts.

Trial manufacturing and test runs of the first and second generation aerotrain have been conducted in Japan, said Lai Chenguang, a professor of Chongqing University of Technology, who participates in the project. The train will be fully powered by natural energy, reducing costs while improving speed, he noted. develop/PAGE 9

SPEED. A model of the aerotrain, which will run 400-500 kilometers per hour, is being developed by China and Japan. Fueled by natural gas, the envisioned speedy aerotrain is expected to change the world's transportation system. (Photo by people.cn)

2018 Summer Reading Camp EVA M. ESCOL Dalirig Elementary School-Teacher III

Summer Reading camp is conducted every summer. Every school is advised to implement the program to help learners develop their reading skills, especially the struggling readers. We teachers always find a way to make the activity enjoyable

and learning. Varied of activities are planned every day. It suggested that reading should be done outdoor within the school campus to more fun. Here in Dalirig Elementary school, summer reading Camp activity is successful.

SNES School Beautification through Fund Raising By: Divina L. Alenton STO NIÑO ELEMENTARY SCHOOL STO NIÑO MANOLO FORTICH, BUKIDNON

T h e S N E S ( S t o. N i ñ o Elementay School) Faculty Association of Manolo Fortich, Bukidnon, sponsored the Little Mr. and Ms. Sto. Niño Elementary School Fund R aising Ac t iv it y initiated by Mrs. Divina L. Alenton, School Project Coordinator last Octob er 2017 with the support of the kindhear ted parents. The Ac t ivity rais e d a substantial amount which fueled the s cho ol project such as; continuation of s cho ol pathways, dental trough,

gate at t he r ig ht w ing of the school; mural painting of flower boxes and stage, lands caping and certain amount was allocated for labor cost for the construction of the school feeding center. T h rou g h t h e e f for t of the SNES faculty members headed by Paz G. Sabud, the school principal, with the cooperation of the pupils and the untiring support of the community and stakeholders the school project were made p ossible.

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Monday|May 14, 2018

Banking&Finance

DOF: Tax reform fueling PH growth

HE Department of Finance (DOF) said the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law provides ample fiscal space for the government to fund programs that support economic growth. In its Economic Bulletin on GDP, the department said Package 1 of the TRAIN Law will bring in additional resources for the government to finance its Build Build Build Program, as well as greater spending on social services. “These investments are game-changing in the

sense that they catalyze further investments, which, in turn, drive investment-led growth, generate meaningful employment, and subsequently reduce poverty,” the DOF said. On Thursday, government data showed that gross domestic product (GDP) in the first quarter of 2018 grew by 6.8 percent, led by industry at 7.9 percent, services at 7 percent, and agriculture at 1.5 percent. The DOF noted that aside from strong household consumption, government consumption was also robust in Q1 2018. Government

consumption increased by 13.6 percent in Q1 2018, a big jump from Q1 2017’s growth of 0.1 percent. This also surpassed household consumption in January to March 2018, which grew by 5.6 percent compared to the same period last year. Government data also showed that tax revenues increased by 14.3 percent in the first three months of the implementation of the TRAIN Law, higher than the 13.4-percent increment in tax revenues in the same period last year. The TRAIN Law provides new sources of tax collection for the government, such as excise

taxes on oil products, automotive vehicles, and sugar-sweetened beverages. The additional tax collection is intended for the government’s Build Build Build Program to improve infrastructure and connectivity throughout the archipelago, as well as enhance the quality of the local workforce by investing in human capital development. “Strong macroeconomic fundamentals, such as strong external position and ample fiscal space, will continue to sustain the momentum for high growth,” the DOF said. (PNA)

TRAIN law raises gov’t revenue by 16.4% in Q1 THE national government managed to raise PHP619.84 billion in the first quarter of 2018, thanks in part to the Tax Reform for Acceleration and Inclusion Law (TRAIN). This represents a 16.4 percent growth in revenue or equivalent to P87.44 billion year-onyear. Department of Finance Secretary Carlos Dominguez III said on Friday the improved tax administration due to TRAIN led to tax revenues growing by 18.2 percent, exceeding the 9.7 percent nominal gross domestic product (GDP) growth. TRAIN, the first package of the government’s tax reform program, reduced personal incomes taxes but increased excise taxes

on fuel, sugar-sweetened beverages, and motor vehicles since the law took effect last January 1. Based on DOF data, the Bureau of Internal Revenue (BIR) hauled a total of 423.1 billion, higher by 14.2 percent compared to the same period last year. Meanwhile, the Bureau of Customs (BOC) raised P129.8 billion, higher by 24.7 percent year-on-year. “Fiscal space expanded by TRAIN 1 and tax administration enabled government to boost investments and growth in Q1,” Dominguez said. Expenditures for the quarter amounted to PHP782.0 billion, growing by 27.1 percent, which also outstripped the 9.7 percent nominal GDP growth due to the estimated 40.0 percent

increase in capital outlays. The national government’s budget balance was at a deficit of P162.2 billion for the first quarter, up 95.5 percent from P83 billion a year earlier. Dominguez, however, noted that the budget deficit settled at 4.1 percent of GDP in Q1, as targeted. Tax effort rose by 1.03 percentage point, which Dominguez said was the highest first quarter tax effort ever achieved. The Finance chief said expenditure effort also rose by 2.73 percentage point, the highest increase since 2003, thus boosting its contribution to GDP growth. Revenue effort, meanwhile, rose by 0.91 percentage point. Dominguez said public construction expanded

25.1 percent, boosting GDP growth by 0.4 percentage point while government consumption rose 13.6 percent, contributing incremental 1.4 percent to growth. “Strong macroeconomic fundamentals backed by tax reforms and the Build, build, build program will continue to boost economic growth to the optimum 7-8 percent level as the competitiveness of the economy rises and more jobs are created,” he said. The Philippine economy expanded by 6.8 percent in the first quarter of 2018, making it still one of the fastest-growing economies in the region even as rising inflation reduced consumption and productivity in some sectors. (PNA)

BSP raises policy rate, inflation outlook BANGKO Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. announced to no one’s surprise on Thursday that the Monetary Board (MB) has raised policy interest rates by 25 basis points -- the first upward adjustment of key rates since September 2014. In a press briefing after a monetary policy meeting, Espenilla said the

rate hike sets overnight reverse repurchase (RRP) facility interest rate at 3.25 percent while overnight lending and deposit facilities at 2.75 percent, “basically moving the corridor”. This move of the MB was reportedly expected, even anticipated by the market amid increasing inflation due to a confluence of factors. “In

deciding to raise the policy interest rate, the Monetary Board noted that latest forecasts have further shifted higher, indicating inflation pressures could become more broad-based over the policy horizon,” the central bank chief stated. “Our own expectation is that by acting right now, in our view, a timely manner, we will avoid

the necessity of further stronger action down the road,” he added. He noted that this adjustment is expected to get inflation back on the target range of 2 to 4 percent. Likewise, the central bank raised inflation forecast from 3.9 percent to 4.6 percent in 2018 and from 3 percent to 3.4 percent in 2019, BSP raises/PAGE 9

Top 9 reasons why students don’t go to school EVA M. ESCOL Dalirig Elementary School-Teacher III

I re cent ly re ad a ver y s t r i k i ng ar t i c l e w h i c h outlined how people don’t go to school because of war, poverty or simply because they are girls. I

am familiar with the movie I saw recently how the girl Malala Yousafzai was shot in the head by Taliban gunmen for continuing to exercise her right to education.

These seems like really huge profound reason to be denied education. So, I made a researched to find out the reasons why students don’t go to school.

7 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

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

He re is it , home work , bullying, boring, lack of self-confidence, lack of social kodus, rules, and lack of expression, health and nutrition.

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

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

Billboard

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Monday|May 14, 2018

PLDT Enterprise looks ahead to an unprecedented 2018 T

Synergies and bold investments in more cutting-edge technology star in PLDT Enterprise’s new business year

he business arm of PLDT, the country’s leading telecommunications and digital solutions provider, eyes 2018 as a year of more business ventures and brave investments in information and communication technologies and infrastructure expansions. Dedicated to developing and providing

an array of fixed-line, wireless, and ICT solutions that enable companies and organizations to adapt to evolving technologies, PLDT Enterprise looks forward to more sustainable partnerships with industry leaders to provide better innovations for consumers and businesses alike. “2017 was a strong and productive year for the PLDT Enterprise

group. Strategic alliances were successfully formed with various local and global industry leaders to deliver the most advanced innovative solutions built to help Filipino businesses become better equipped and more competitive,” shares Jovy Hernandez, SVP and Head of PLDT and Smart Enterprise Groups. During the previous year, the telco giant introduced numerous innovations in various industries and cutting

across the dynamic and diverse markets under its umbrella. These include the implementation of cashless transactions via its card payment facility PayMaya in select establishments from AFFI (Association of Filipino Franchisers, Inc.), PFA (Philippine Franchising Association), and most recently McDonald’s Philippines, the SM Store and Mercury Drug; and enhanced wide-area network connectivity powered by Meraki cloud-

managed solutions in partnership with CISCO. It was also a productive year for ICT infrastructure expansions for the group as ePLDT, the industry leading enabler of digital business solutions and ICT arm of PLDT, opened 2 new VITRO Data Centers in Clark and Davao. This is part of the company’s target of opening operations for 10 new data centers in the key areas around the country for upgraded and more secured digital data centers

that meet international standards for businesses and government agencies. “We are extremely proud of our work at ePLDT and our vision in introducing more disruptive innovations to Filipino enterprises for more secure and improved connectivity and performance,” shares Nico Alcoseba, VP & Head of Disruptive Business Group at PLDT. Through these technological pldt/PAGE 9

#SMSUMMERMOOD AT THE SM STORE

An artist from Rhyan Casino Productions performs as a human statue during Centrio's Earth Week celebrations last Sunday. photo supplied

#SMSummerMood is a collection of everything we love under the sun at The SM Store.It’s all about high style under the summer heat, wherever the sun takes you. After all, the season of sun and fun is the best time to: Refresh your look. Whether you’re discovering new destinations or unwinding at home, start the season with hot new duds that express you best. Update your summer staples with the hottest trends and create a look that will surely make a statement. Dive in fashion. Keep it lit when hitting the coasts or lounging by the pool in swimwear that elevates your style to a whole lot of character. And as you prepare for your best summer yet, how about trading your usual swimsuits with fresher and brighter pieces to match your golden sun-kissed glow? Chill with style. Live your best La Dolce Vita life: bask under the sun,

take things slow, and don’t worry about a thing—but don’t forget to look the part! Keep it cool but be sure to pop in bright and warm colors that give your summer style a fresher spin. To cap off your beach-ready look, grab a trendy towel that echoes the season’s vibrant spirit! Express your #SMSummerMood as the The SM Store takes you into an on-ground experience of The SM Store’s summer collection, matched with the many things we love during summer. Make The SM Store part of your greatest summer yet— #SMSummerMood! Follow The SM Store on Facebook (facebook. com/TheSMStore) and Instagram (@thesmstore) and subscribe to YouTube Channel (youtube.com/ TheSMStore) Great summer deals are also available online through Lazada and Shopee!

REFRESH YOUR LOOK by updating your summer staples with the hottest trends.

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Monday|May 14, 2018

DOST...

Develop...

innovations. T hu s , c o l l a b o r a t i v e proposals must be in line with the DOST’s priority a rea s for R& D, such a s agriculture, fisher y, and forestry; semiconductor and electronics; agri-processing; integrated circuit design; renewable energy; creative i ndust r ies; i n for mat ion a nd commu nicat ions technology and artificial i ntel l igenc e ; i ndu s t r ia l waste treatment; food and nutrition; infrastructure and logistics; manufacturing; and environment and climate change. With such collaborative work, the partner industry w ill identif y a problem, while the partner HEI or RDI will do the necessary R&D to find solutions. An HEI or R DI must have at least one partner industry, which the DOST requ i res to shou lder at least 20 percent of the total project cost. Counter par t f unding may be in cash, in kind, or person-hour support in the academe, according to DOST. The DOST believes that R&D collaborations between the academe and industries will help gain a n ed ge i n t he ma rket , and produce products or services that respond to the changing local and global needs. Just recently, the DOST awarded t he f unding to three R&D collaborators that sent their proposals last year. One is Technologica l Institute of the Philippines Manila for the Nationa l Capita l Region, w it h Pa sc u a l Pha r ma L ab a s the industry partner. Its project is called “ PCOPEIA: Predictive Chromatography of Organic Plant Extracts with Intelligent Agents”, which got a total budget of PHP5,179,399. Another is University of San Agustin from Region 6 , w i t h D e l M o nt e a s its industr y par tner. Its projec t , “Met abolom ic s as a Tool for Discover y and Target and Untargeted Hy pocholesterolemic Nat u r a l P ro duc t s f rom Pineapple”, got a budget of PHP4,999,138. The third grantee is the University of Southeastern Philippines from Region 9, w it h H ijo Re sou rce s Corporation as industr y p a r t ne r. It s proje c t , “Sy nerg ize AcademeIndustry Research Undertaking to Improve Productiv it y t hrough Development of Banana Diseases Sur vei l la nce System”, got a budget of PHP4,999,438. Interested par ties m ay i nqu i re a b out t he requirements and submit their proposals to the Office of the Undersecretary for R&D, 2nd floor, ADMATEL Building, DOST Compound, Bicutan, Taguig City. (PNA)

“If the train runs at a speed of 500 km. per hour, the energy it consumes is only one-third of that consumed by current high-speed trains, and one-sixth of the maglev trains,” Lai said. The new design of an annular spoiler is a major highlight of the aerotrain. Different from the traditional, vertical spoilers which tend to produce unstable airflow, the annular spoiler can increase the lift-drag ratio by 30 to 40 percent, vastly improving the operation stability. In addition, the load capacity of the train will also be enhanced, thanks to the new design. Based on aerodynamic st ud ies, t he Chongqi ng University of Technology has furthered the research and has since made the third generation model of the train “LOOP”. Lai said the zero-pollution train is seemingly impossible to manufacture, but it is actually achievable. (CHINA PLUS)

from page 6

Raises... from page 7

Deputy Governor Diwa Guinigundo said. Guinigundo cited that increasing oil prices, upward adjustment of minimum wage, and excise tax on tobacco products are the Monetary Board’s reasons to raise inflation projection for 2018. “Crude oil has gone up versus the 2017 levels. And we expect that in June 2018, we will continue to see elevated readings of oil prices at about $70 per barrel,” he said. He also mentioned that there have been five regions where petitions for higher minimum wage have been filed, which include the National Capital Region as well as Regions 4-A, 6, 7, and 11. Just last month, a PHP16 minimum wage increase was approved in Region 4-A. A P2.50-per-pack excise tax on tobacco products is expected beginning July this year. Meantime, inflation is expected to ease by next year as the Monetary Board sees tempering in crude oil price from $67.84 to P64.81 per barrel. “Looking ahead, the BSP stands ready to undertake further policy action as necessar y to ensure the achievement of its price and financial stability objectives,” Espenilla said. (PNA)

PLDT... from page 8

breakthroughs, the telco giant reaped awards from some of their most formidable partners and fellow industry leaders. These include the 2017 Partner of the Year and Cloud Solutions Provider for SMEs from Microsoft, and the 2017 Tier-2 Partner of the Year from CISCO. “Great businesses are brought by great partnerships. We at PLDT ALPHA lives this by heart, and we look forward to a year of strengthening these alliances through

braving more challenges and investments from a victorious year in 2017,” says FVP and Head of PLDT ALPHA Vic Tria.” FVP and Head of PLDT SME Nation Mitch Locsin also notes the growing importance of this movement to MSMEs in the Philippines: “There is huge potential in our Filipino entrepreneurs, and we acknowledge their continuous need for technological education and empowerment. The past few years prove fruitful for PLDT and its trusted business partners, and with a courageous heart, iron will and sound investments as our ammunition, 2018 is set to be even a greater milestone for all our stakeholders.” PLDT promises greater business ventures this year. With a committed $1B for continuous network expansion, the telco giant is laser-focused on gaining even more achievements and higher growth in 2018. Highlights to watch out for in the upcoming year include the launch of PLDT Clarktel Disaster Recovery Facility, and VITRO Data Center in Cebu. The VITRO Network of Data Centers

boasts the only three Data Centers in the country with TIA942 Tier 3 Certifications. Investments in capability and expertise across Cloud, Cyber Security, and Managed IT Services to establish more internationally competitive technology systems in the country will also serve as bulk of such investments. “Fearlessness in introducing more innovations and synergies is PLDT’s mantra for 2018. We remain firm in our commitment to build and sustain a more digitallye mp owe re d, c on ne c te d and smarter Philippines through solutions tailorfit to address the needs of business and industry,” said Jojo Gendrano, VP and Head of PLDT Enterprise Core Business Solutions. “We are very happy to be paving the way to economic growth with faster-thanever data connections and more sophisticated digital infrastructure.” To know more about products and services by PLDT Enterprise, please contact your PLDT Relationship Manager, or visit www.pldtenterprise. com.

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

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

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

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Monday|May 14, 2018

Word... from page 4

eternal life to every person who will truly believe and live for Him. So today, why not ask Jesus to forgive you for living your way and ask Him to take full control of your life? That’s when you can start living every day with no fear… not even of death! Just Think a Minute…

Balance... from page 4

it could even increase the country’s birth rate, which has decreased substantially in the last few decades. South Korea has currently longer working hours than any other developed country: an average 2,069 hours per year, per worker, according to 2016 data compiled by the OECD. The analysis covered 38 countries and showed that only Mexicans (2,225 hours/ year) and Costa Ricans (2,212 hours/year) worked longer hours. South Koreans bucked a global trend: studies carried out by the International Labor Organization (ILO) show that lower and middleincome countries tend to work longer hours than their

richer counterparts, thanks to a series of factors that range from the proportion of self-employed workers in the labour force to lower wages, job insecurity and cultural issues. Death by overwork is so prevalent in Japan that they have a word for it: Karoshi. But South Korea is not the only rich country to defy the odds. Japan has a problem with “death by overwork”. In more specific terms, the word means employees dying either from stress-related ailments (heart attacks, strokes) or the ones who take their own lives because of the pressures of the job. The average of 1,713 hours worked per year in Japan is not among the highest in the OECD list, but beyond the number, there is the grim reality that the country has no legislation at all stipulating a maximum weekly hours limit and neither overtime limit. In the 2015-16 financial y e a r, t h e g o v e r n m e n t registered a record 1,456 karoshi cases. Workers’ rights groups claim that the actual figures could be many times higher due to under-reporting. Japan has

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: PETITION FOR CORRECTION OF Spl. Proc. No. 336-07-2018 ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF ALBERT V. TORRES UNDER THE DATE OF BIRTH FROM JUNE 20, 1962 to June 20, 1958. For: CORRECTION OF ENTRY ALBERT V. TORRES Rep. by JAMES TORRES, Petitioner. -versusTHE LOCAL CIVIL REGISTRAR OF TUBOD, LANAO DEL NORTE. Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER This is a petition for Correction of Entry in the Birth Certificate filed by the herein petitioner, ALBERT V. TORRES, represented by his brother, JAMES V. TORRES. The petition alleges that petitioner is of legal age, Filipino, married and a resident of Poblacion, Tubod, Lanao del Norte/Pago-Pago American Samoa, US Territory. He is represented in this case by his brother JAMES V. TORRES, likewise of legal age, married and resident of Poblacion, Tubod, Lanao del Norte by virtue of a Special Power of Attorney. Respondent is sued in her official capacity. Petitioner was born to spouses Filomeno Ralph Mc. F. Torres and Fructuasa R. VISCARA at Tubod, Lanao del Norte. He had been using June 20, 1958 as his date of birth in his personal, official and business transactions. In support of his petition, he has his Certificate of Registration as a voter issued by the Commission of Elections and his date birth in his Tax Identification issued by the Bureau of Internal Revenue, his Philippine Passport, all bearing his birth date as June 20, 1958. He filed the petition in good faith and prosecution of the same but with the sole intention to straighten his birth record. He is also desirous to correct the entry in his birth record so as to avoid confusion and future inconveniences. Set the initial hearing of the petition to June 29, 2018 at 8:30 O’clock in the morning before the sala of his Court. The petitioner is hereby directed to publish copy of this Order to a newspaper of general circulation for three (3) consecutive weeks, at his expense. Any person/s interested to the petition should not be granted. Furnish copy of his Order to the Office of the Solicitor General at 134 Amorsolo St., Legaspi Village, Makati City, to the Office of the Public Prosecutor in Tubod, Lanao del Norte, to the Office of the Local Civil Registrar of Tubod, lano del Norte, to Atty. Maryflor L. Opay-Armas, counsel for the petitioner and to the petitioner through his brother, James V Torres of Poblacion. Tubod, Lanao del Norte.

SO ORDERED. April 23, 2018. Tubod , Lanao del Norte.

BWM: April 30, May 7 & 14, 2018

(SGD.) DENNIS P. VICOY Acting Presiding Judge

a problem with “death by overwork”, expressed not only by statistics but also the fact that the Japanese language has a word for this: karoshi. According to ILO’s most recent figures, Asia is a continent where more people work the longest hours: most of the countries (32%) have no universal national limit for maximum weekly working hours and another 29% have high thresholds (60 weekly hours or more). And only 4% of the countries abide by the ILO recommendations and set the international labour standards of a maximum of 48 hours or fewer for the working week. In the Americas and the Caribbean, 34% of the nations have no universal weekly hours limit, the highest rate amongst regions. One of the countries without a limit is the United States. But it is in the Middle East where the legal limits are more open for long hours: eight out of 10 countries permit weekly working hours in excess of 60 hours per week. In Europe, on the other hand, all countries have maximum weekly hours, and only Belgium and Turkey have legal working hours of more than 48 hours. But it is Africa that shows the greatest number of countries in which more than one of third of the labour force works over 48 hours per week. The rate in Tanzania, for instance, is 60%. Sur veys have also identified cities in terms of average hours. In 2016, Swiss Bank UBS released an analysis of 71 cities that showed Hong Kong with an average of 50.1 weekly working hours, ahead of Mumbai (43.7), Mexico City (43.5), New Delhi (42.6) and Bangkok (42.1). Mexicans, apart from the longest hours, are also subjected to one of the meanest holiday regimes in the world: their legal minimum paid annual leave is less than 10 days, like in Nigeria, Japan and China, for example, while regional neighbours Brazil offer a minimum of between 20 to 23 days. It could be worse, though. In India, where there is no universal national limit for maximum working hours, workers do not have a guaranteed minimum amount of annual leave. Lastly, let’s find out where your work-life-balance is. +++ Email:doringklaus@gmail. com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com .

Born... from page 4

-ooo FOR QUESTIONS, REACTIONS: If anyone would like to ask me any question about what the burning issues of the day mean, or what we have discussed here, or to consult on any problem, whatever it maybe, please call 0917

984 24 68, or email me at batasmauricio@yahoo.com, or post your concerns at www.facebook.com/attybatas. Promise, I will answer right away. Thank God in the Name of Jesus, Amen!

PLDT... from page 5

rollout, as it raised concerns about the costs of their construction. “ We a l w a y s s a y t o government that we will support efforts towards opening a tower-sharing business for third parties but it must be on the basis that we will not be forced to lease those towers; it has to be on a voluntary basis and must be consistent with our network rollout -- in areas where we want to put our cell sites and base stations,” according to PLDT Head of Regulatory Affairs Ray Espinosa. “Our existing towers are not forced by the government to be sold to third parties. These towers belong to us and are purpose-built already intended to support the unique requirements of our network. It cannot be shared anymore with another party. The decision on whether to unload our towers is a financial question,” he added. PL DT has a l l o c ate d PHP58 billion as capital expenditures for this year for the rollout of its fixed and mobile networks Globe has begun its discussions with independent third parties for the creation of a tower company that will help hasten the deployment of cellular towers in the country. It has likewise reached out with PLDT for a towersharing venture that will help reduce the costs of installing communication facilities in the country. The envisioned towers to be erected will be opened for lease to new and existing players in line with the government’s initiative to open the local telco industry to more competition. An independent tower company will help reduce the time needed for a new telco player to rollout given the 25 permits and up to eight months required to build one cell tower. (PNA)

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Monday|May 14, 2018

Stable... from page 1

hotspots” which would possibly trigger an intentional electricity outage, adding that the company is constantly in touch with the Commission on Elections (Comelec) on security-related concerns. She also said that between today up to Thursday when all winning candidates are expected to be proclaimed, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) had not forecasted any weather disturbance within these provinces. “Line crews, engineers, pilots, maintenance and test ing, and ot her technical personnel are also strategically positioned in NGCP substations to respond to line trippings, should these occur,” Curiano said. At the local front, Cepalco corporate communications officer Marilyn Chavez said that since last week, their teams have already secured all feeders leading to the various polling places here. Aside from Cagayan de Oro City, Cepalco’s coverage includes three municipalities in Misamis Oriental. Emergency crews are on standby throughout Election Day and its counting aftermath leading to the proclamation of winning bets.

Travel... from page 1

mobility within the BIMP countries and strengthen our cultural, social and economic relations,” Milan said. R ome o Monteneg ro, director investment promotion and public affairs of Mindanao Development Authority, said a similar memorandum circular issued during the Aquino administration expired in October 2017. He said the tax exemption covers only the BIMPEAGA focus areas: the entire sultanate of Brunei D ar u ss a l am ; prov i nc e s of Kalimantan, Sulawesi, Maluku, West Papua and Papua in Indonesia; states of Sabah and Sarawak and the federal territory of Labuan in Malaysia; and Mindanao and the province of Palawan in the Philippines. International flights from Davao City International A i r p or t i n clu d e Ku a l a Lumpur, Malaysia serviced by AirAsia, Singapore by

SilkAir, and one chartered flight to Manado, Indonesia. Montenegro explained the travel tax exemption only applies for trips to any BIMPEAGA focus area because “the trip is relevant and is related to movements within BIMP-EAGA,” for example, when travelers are flying to Kota Kinabalu, the capital of Sabah, via Kuala Lumpur. Mindanao Business Council chair Vicente Lao said he believes the exemption will boost tourism in BIMPEAGA areas. The memorandum order cited that the tax exemption policy was recommended by the House of Representatives in House Resolution 78 dated December 6, 2017. It said it was in line with “the national interest” and me ant “to sust ain and accelerate economic development in Mindanao and Palawan.” It said the exemption will be granted for a period of five years from its date of effectivity. Travelers will have to secure a travel tax exemption certificate from the Tourism Infrastructure and Enterprise Zone Authority, it said. The order tasked the National Economic Development Authority, in coordination with all relevant government agencies to conduct an impact study on the implementation of the memorandum order and submit an annual report to the Office of the President for the purpose of determining whether the exemption should be continued or revoked.

Politics...

from page 1 and new-found nemesis Jupiter Abulog whose family operates many tunnels in the “high grade” gold mining areas of this town erupted when eight of the incumbent village chairs jumped to the other side of the political fence. Former vice mayor Julie Chua, leader of the Abulog camp who is running as village chair in the town center, denied there was money involved in convincing the re-electionists to leave the administration party even as he said the Abulog family has been helping poor residents in any financial needs for so many years. Chua has lambasted the mayor’s aide and alter egos at the town hall for harassing local government workers to vote for the administration

bets or else they will lose their jobs. But Reynaldo Cuyos, the mayor’s elder brother and village chair of Bayugan 3 which is the richest village of Rosario having hosted the big mining company Philsaga Mining Corp., disclosed those who left their group were offered as much as P100,000 to P300,000 depending on the voting capacity of each area. Cuyos said win or lose he did not mind about it but stood that he would never get involved in money politics come election day. That commitment that he told Inquirer in an interview, however remains to be seen. In the past three local elections, the political game has been that the highest bidder in buying votes surely won in the elections. Insiders who asked for anonymity confided this year’s electoral bid will go as high as P2,000 to P3,000 per voter. Although Chua and Cuyos denied of engaging on money politics they told Inquirer in separate interviews that many poor residents sought help from them in kind like medicines, hospital bills, embalming expenses and even coffins for the relatives who passed away. “ I have been doing this in the last seven years as punong barangay,”Cuyos said as he expressed confidence that such good deeds will still propel him into his last term against a young opponent RJ Hambala, an incumbent village councilman. He said when he went to visit a far-flung sub village on Thursday, the P40,000 cash in his pocket went out to help the needy for their medicines and hospital bills that he went home with only P7,000. The animosities between the two camps have heated

NOTICE FOR PUBLICATION

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-01, Guidelines in the Implementation of the Administrative Order No. 1, Series of 2013 (IRR of R.A 10172), Notice is hereby served to the PUBLIC that MICHELLE J. MONEVA has filed with this Office, a petition for correction of clerical error in the entry sex from “MALE” to “FEMALE” in the Certificate of Live Birth of MICHELLE J. MONEVA who was born on May 25, 1988 at Linangkayan, Naawan, Misamis Oriental and whose parents are VERGIE P. JAUDIAN and CIDOMEL L. MONEVA. Any person adversely affected by said petition may file his written opposition with this Office not later than MAY,2018. BWM: May 7 & 14, 2018

(SGD) MARLON S. DACOCO Municipal Civil Registrar

Ramadan... from page 2

culmination of the fasting period. Twenty of the booths will be devoted to hosting the businesses of those who are still displaced by last year’s conflict in Marawi City. Their booths will be subsidized by the Office of the Regional Governor (ORG) along with food and accommo dation during their stay in Cotabato City throughout the trade fair. “We will be giving them grants of Php30,000 for capital and Php10,000 for the tools they will be needing as they take their business here to Cotabato City for the Ramadhan fair,” said ORG chief of staff Nhorkhalila Mae Mambuay-Campong. The fair, which would formally open at 4:00 p.m. Friday, will feature both food and non-food products, geared towards endorsing and renewing interest in the local goods available across the region. According to the Department of Trade and Industry-ARMM, a number of ARMM line agencies

would also be featured in the fair. T h e D e p a r t m e nt of Agrarian Reform-ARMM will have a booth presenting products from the region’s agrarian reform beneficiaries, while the Department of Science and TechnologyARMM booth will item products that were produced and packaged with the help of the agency. Meanwhile, the regional Department of Health will offer free medical services in one of the booths, while the Department of Tourism - ARMM will feature local tourism sites in an exhibit housed in another booth. Also, the trade fair will feature a nightly program that includes discussions covering a wide range of Islamic topics, with different ARMM line agencies scheduled to take charge of the program every right. (PNA)

Projects...

from page 2 Mae Limbaco together with Hedcor President and Chief Operating Officer (COO) Carlos Aboitiz and his team sealed the memorandum of agreement for Hedcor’s CSR projects this year. The CSR projects will be implemented by Hedcor for its host communities in the Province of Bukidnon. This year, a total of P4-million worth of CSR projects is set to continue to advance and empower host communities of Manolo Fortich Hydro. The biggest chunk of the budget goes to education while other projects are to improve communities’ livelihood, health and wellbeing, and environment. On top of the community projects, Hedcor will soon operate the 68.8-MW Manolo Fortich Hydors as additional renewable energy for the island of Mindanao. (Hedcor)

“There was apprehension in the first few months of martial law, there were cancellations of tourism bookings and events, but the economy recovered in the third and fourth quarter of 2017,” Lim said. She added that martial law gave a sense of security to investors and businessmen in the region. (PIA/RGA)

Muntinlupa... from page 4

Effectiveness” - “Most Improved Nutrition Program Management” - “Jose Rizal Award for Bloodletting Program” -“Best in Health Emergency Management in Metro Manila” . It’s a numbers game Two things which last Friday’s decision on the Sereno quo warranto case proved: - One, it’s a numbers game. The law is what a majority of the Supreme Court en banc declares it to be. Ousted SC Chief Justice Sereno just needed one more Justice to vote for her and she would have lived to fight another day. This time, to face her accusers in an impeachment court. Some observers believe that she would have fared better in an impeachment trial where her accusers would have more difficulty mustering at least 16 votes needed to convict her. -Two, as in Jai Alai, “El Fallo del juez is inapelable.” In other words, pag sinabi ng referee, tapos! The Supreme Court is the final arbiter when it comes to interpreting the laws. The “Sereno doctrine” will now stand and form part of the law of the land until at some future time, it is reversed by another Courtwithadifferentcomposition and perspective. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

CCE-0027-2018 R.A. 10172

CCE-0026-2018 R.A. 10172 In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A.10172), Notice is hereby served to the public that EDLENN V. MACANA has filed with this Office, a petition for change of first name from ‘’ ‘’ to ‘’ ‘’ and correction of entry in sex from ‘’FEMALE’’ to ‘’MALE’’ or correction of entry in the date of birth from ‘’ ‘’ to ‘’ ‘’ in the certificate of live birth of EDLENN V. MACANA at Initao, Misamis Oriental and whose parents are EDOR R. MACANA and LENY M. VEDRA. Any person adversely affected by said petition may file his written opposition with this Office not later than May 25, 2018. (SGD.) ISAIAS A. JARALES Municipal Civil Registrar

BWM: May 7 & 14, 2018

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IIR on R.A. 10172), Notice is hereby served to the to the public that MARJORIE P. BAGARES has filed with this Office, a petition for change of first name from ‘’ ‘’ to ‘’ ‘’ and correction of entry in sex from ‘’MALE’’ to ‘’FEMALE’’ or correction of entry in the date of birth from ‘’ ‘’ to ‘’ ‘’ in the certificate of live birth of MARJORIE T. PAMISA at Initao, Misamis Oriental and whose parents are TRIFON M. PAMISA and MARGIE W. TACBOBO. Any person adversely affected by said petition may file his written opposition with this Office not later than May 25, 2018.

(SGD.) ISAIAS A. JARALES Municipal Civil Registrar

BWM: May 7 & 14, 2018

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan R.A 9048(CFN)

from page 2

NOTICE TO THE PUBLIC

Historic...

Republic of the Philippines Province of Misamis Oriental Municipality of Initao

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOo-

Republic of the Philippines Province of Misamis Oriental Municipality of Naawan Publication Notice RA 10172

up since Tuesday when a Cease and Desist Order were served to small-scale mining tunnels in the gold rush areas affecting several operations of the Abulogs. Chua blamed Mayor Cuyos as behind the move saying it is an apparent desperate attempt to cripple the finances of the political machinery of the Abulog camp. For his part, Abulog added that the move would boomerang their opponent since 1,500 mine workers will be affected and would surely vote for their bets. “Our family has enough resources being in the mining business for so many years. It would be the affected electorates that are at stake here,”Abulog said.

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan R.A 10172(Gender)

NOTICE FOR PUBLICATION

In Compliance with section 7 of R.A 9048, a notice is hereby served to the public that MARIA MAGDALINA FLORES VIOS has filed with this Office, a petition for Change of First Name from “MAGDALENA” to “MARIA MAGDALINA” in the Certificate of Live Birth of MAGDALENA BACUS FLORES who was born on JULY 22, 1978 at Kapatagan, Lanao del Norte and whose parents are ALBERTO FLORES and JULIET BACUS. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

In Compliance with section 7 of R.A 10172, a notice is hereby served to the public that NIMBERT A. HERMOSA has filed with this Office, a petition for Correction Error-Change of Gender from “MALE” to “FEMALE” in the Certificate of Live Birth of NIMBERT A. HERMOSA who was born on JANUARY 22, 1991 at BUTANON,KAPATAGAN LANAO DEL NORTE and whose parents are ALBERTO S. HERMOSA and NIMFA M. AGABON. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

BWM: May 7 & 14, 2018

(SGD) IVY REYES TONGCO Municipal Civil Registrar

BWM: May 7 & 14, 2018

(SGD) IVY REYES TONGCO Municipal Civil Registrar

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Monday|May 14, 2018