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Volume VI, No. 137
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Briefly Mid-year bonus THE Mid-Year Bonus of government employees mandated under Executive Order No. 201, s. 2016 will be released Monday, according to the Department of Budget and Management (DBM). The DBM said it has released to the various agencies the Special Allotment Release Order (SARO) and the corresponding Notice of Cash Allocation for the Mid-Year Bonus requirement. The funding requirement for the Mid-Year bonus amounts to PHP31 billion, based on data on the number of filled positions in the Government Manpower Information System as of April 30, 2016. Executive Order No. 201 approved by President Aquino on Feb. 19 provides that a Mid-Year Bonus equivalent to one month basic salary as of May 15 shall be granted to all positions for civilian personnel, as well as military and uniformed personnel (MUP). Budget Circular 2016-3, which provides the rules and regulations on the grant of said bonus states that the Mid-Year Bonus shall be given not earlier than May 15, in accordance with EO 201.
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Duterte eyes merger of national agencies www.businessweekmindanao.com
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Monday | May 16, 2016
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By ANTONIO L. COLINA IV, MindaNews
XPECT the incoming administration of presumptive President Rodrigo Duterte to effect a merger of some national agencies to cut down on expenditures and curb corruption. This was announced in a press briefing at the Marco Polo Hotel Davao Friday by Peter T. Laviña, spokesperson of Duterte.
T he S o c i a l S e c u r it y System might be merged with the Government Service Insurance Services, and the merger/PAGE 11
ARMM targets P1.9-B investments this year THE Autonomous Region of Muslim Mindanao (ARMM) is projecting at least P1.9 billion worth of investment s this year, with the agriculture and energy sectors serving as core
industries to sustain growth, the regional government said. Last week, the Regional Board of Investments-ARMM met with different sectors armm/PAGE 11
NO DECORATIVE PLATE. The Duterte campaign gave sidewalk entrepreneurs extra income by selling tee-shirts, stickers, or these decorative plates. The Land Transportation Office, however has warned against using this in lieu of the authorized license plates. This embossed decorative plate is a post-election design. MIndaNews photo by CAROLYN O. ARGUILLAS
NGCP shifts campaign versus grassfire By MYRNA VELASCO, Contributor
Rainy Monday THE Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) said a mix of sunny and rainy weather will continue to prevail across the country this week. PAGASA said cloudy skies with light to moderate rains and isolated thunderstorms will be experienced over Mindanao and the provinces of Mindoro and Palawan due to the presence of intertropical convergence zone (ITCZ). ITCZ, or thick clouds coming from the south of Asia, is considered a breeding ground for low-pressure areas (LPAs) or potential cyclones.
TAKING a bit of break from its usual right-of-way (ROW) complaints, the National Grid Corporation of the Philippines (NGCP) is taking
its information drive this time against grassfire incidents that may affect the reliability and efficient operation of its transmission facilities.
“NGCP is going all out in informing the public of the damages and adverse effects of grassfires on transmission facilities,” the company has noted. ngcp/PAGE 11
LTO: Using ‘DU30’ decorative plates is a ‘major violation’ PLEDGE OF COOPERATION. Ghazali Jaafar, 1st Vice Chair of the Moro Islamic Liberation Front (right) introduces the other members of the MILF Central Committee to presidential candidate and Davao City mayor Rodrigo Duterte during his visit in Camp Darapanan, Sultan Kudarat town in Maguindanao on February 27, 2016. With the oncoming Duterte administration, the group has vowed to work with the new leadership to achieve lasting peace in Mindanao. MindaNews photo by TOTO LOZANO
By CAROLYN O. ARGUILLAS, MindaNews
SUPPORTERS of presumptive President-elect Rodrigo Duterte who are using decorative plates such as “DU30 El Presidente” instead of the authorized license
plates, beware. You are violating the law and will be fined P5,000, your license and the unauthorized plate confiscated if you continue doing so, Eleanor
Calderon, operations chief of the regional Land Transportation Office (LTO) here said. “That’s a major violation. Ayaw ni Mayor nyan” (Mayor won’t like that), Calderon violation/PAGE 11
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Economy
Entrepreneurial spirit hanging on a mother’s courage By JOCELYN P. ALVAREZ
ZAMBOANGA CITY - The couple Ibrahim Jayyari and Mukarza Acosta-Jayyari used to toil foreign land to provide for the family. After more than a decade of working in Saudi Arabia,
Mu k a z r a qu it work i ng abroad and decided to stay in the Philippines for good while her husband Ibrahim continued to work abroad as a plumber/pipe fitter. Misnomer it is to say
life as an OFW is always euphoric and grand , like Ibrahim, he too had his share of difficulties. For a couple of years, he was able to send his salary to his family but Ibrahim’s work documents were not properly attended by his employer
and soon he became a TNT (undocmuneted worker) in Bahrain. Since then, his remittances became irregular , financial support was a trifle and at times, nil even. Pushing for entrpreneurial spirit courage/PAGE 10
DA 12 delivers seed aid to drought-hit farmers KORONADAL City -- As promised, the Department of Agriculture (DA) 12 is delivering help to farmer who lost production due to El Nino. Regional Executive Director Amalia JayagDatukan, announced that DA 12 has started the
distribution of 73,011 bags of certified rice and corn seeds thousands of farmers in SOCCSKSARGEN Region last week. First to receive production inputs were farmers in North Cotabato as agricultural technicians, accompanied by a number of farmer
representatives withdrew their allocations from DA 12. Datukan said DA 12 assembled certified seeds and fertilizers at the height of the dry spell so that these will immediately be handed over to farmers at the beginning of the wet
cropping season. “Since we are already experiencing downpour of rains throughout the region, farmers should immediately receive these assistance from DA,” Datukan said. DA 12 revealed that 52,434 bags of high yielding and certified rice seeds amounting to Php71.4 million are allotted for rice farmers. These are apportioned as follows: 26,014 bags for North Cotabato, 19,164 for Sultan Kudarat, 5,635 for South Cotabato and 1,721 for Sarangani. aid/PAGE 10
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The Learning of Mathematics By CORAZON M. BLAZO, Ph.D, Principal I
What makes the learning of Mathematics difficult? This is the question that many educators have tried to ponder for so many years. Many researches had been conducted in order the increase the mathematics performance of the learners throughout the country. Educators made so much effort in looking for a suitable method of teaching to improve the Mathematics performance of Filipino students. Many of these researches conducted, focus on pedagogy and the teaching–learning process. Very few articles had been written describing the nature of learning mathematics. What I would like to point out is the nature of learning Mathematics. There is a big difference in learning Mathematics and learning other disciplines. The accumulation of the concepts learned in learning mathematics is like an inverted pyramid or an intricate concept maps interwoven in the minds of the learners. Usually the learner starts with the understanding of the very basic concepts. The number of concepts learned
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increase in number as one continues to travel in the journey of learning mathematics. The concepts learned in Math were interrelated with each other. In other disciplines, concepts could be learned interchangeably and independently. In learning Mathematics, it would be i mpos s i bl e to l earn new concepts without mastering all the foundation concepts first. Since the concepts to be learned in Mathematics were interrelated with each other, proper arrangement of the courses to be offered should be observed and teachers should be able to establish connections on the concepts they teach . In my personal experience as an educator, I have seen students who find difficulty in learning Mathematics not because they cannot grasp the present lesson but because several concepts necessary for the course was not learned in the lower level. The teachers should give evaluation to determine the readiness of their students in relation to the concepts they are teaching. They should not presume that all their students are Mathematics ready for the lesson they would like to impart. It is true that teaching pedagogy and learning environment affects the learning of Mathematics but understanding the nature of learning Mathematics could serve as a guide to teachers in delivering the services to our students through class instruction and to also to the curriculum planners in their future plans of the implementation of Mathematics curriculum.
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
Billboard UK exports to PH grew to 44% in the first half of 2015 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
At the quarterly media briefing last Friday, 6th May 2016, British Chamber Chairman Chris Nelson and UK Trade and Investment (UKTI) Director Mike Moon both expressed their positive outlook on the Philippine-UK
trade relations. The Chamber has assisted over 800 SMEs that are interested in doing business in the country since 2014 with the support from UKTI. “It’s a very exciting time here in the Philippines with more British companies
signifying their interest to export or do business in the market.” Nelson said. The UK is the highest European investor in the Philippines, with a net FDI stock of over $5bn. Moreover, the bilateral trade between the two
countries is worth around $1.8 billion annually. UK exports to the Philippines grew by 44% in the first half of 2015. Pharmaceutical products, industrial materials, and automotive vehicles remain the top 3 exports
of the UK to the country. Nelson also mentioned that the Chamber is currently supporting one of most anticipated business events of 2016, the International Festival of Business (IFB) in Liverpool this coming June.
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British Chamber Chairman Chris Nelson at the quarterly media briefing of BCCP last Friday, 6th May 2016.
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To Die For Think a minute…This is a true story about an American teenager named Leo Carter. Leo was from the most dangerous part of the big city of Chicago. He was only 17 years old when he saw another teenager named Elijah shoot and kill a businessman. Elijah and his gang decided to kill Leo so he could not testify against them in court. One day they caught Leo, dragged him behind a building and shot him in the head. It was a miracle that Leo did not die. Yet even after that, Leo still had the courage to testify against Elijah for murdering that businessman. Elijah is now in prison, because Leo stood for what he knew was the truth no matter what it cost him. There are many people who would rather stay alive than die for the truth. There’s a saying: “If you don’t have anything to die for, then you don’t have anything to live for.” Sometimes we pay a big price for being honest and standing up for the truth. We can make some real enemies, even lose our job or position of respect and power, just because we were honest and stood for the truth. The question is: Who are you more afraid of? People and what they think
THINK
A Minute
Jhan Tiafau Hurst or can do to you? Or God, your Maker and Judge? Jesus Christ said that you and I must decide if we truly believe He is Who He said He is: the only true and living God Who came to die for all our wrongs so He could forgive us. Since Jesus proved He’s God the Son by coming back to life from death, we must live His way everyday of our life. We can’t say we believe in Him and then keep living our own way instead of changing to live His way. That’s why Jesus said everyone must be born again. We must die to our past life of living our own way so we can start life all over again with His life and character changing us everyday to reach our potential He created in us. It’s kind of like being hurst/PAGE 11
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An Artist’s Journey When most presume that province-based artists cannot hold a prestigious solo art exhibit in the country’s art center due to multi-faceted issues—from the probinsyano bias to the ability to present canon-bending outlooks—my fellow Bohol-based artist proves them wrong. This means an artist’s prodigious work will always become his or her cachet, éclat or “K”. What is in Geovanni Abing that makes him venture the higher journey? Boldness of his vision, perhaps. On May 14, his solo entitled “Glued” opens at the Prism Gallery (Salcedo Street, Makati City). I invite fellow Visayans and Mindanaonons to witness his exciting quest. Abing makes his identity in meticulous collages from upcycled magazines and old books. Portrayed in expressionistic flavor, the subjects are usually portraits of individuals rendered with deliberate twists in the presentation of the faces, eyes and background. In transforming paper, we are
reminded of how seemingly worthless objects can be made useful and beautiful with a touch of genius. B eing s elf-t aug ht is Abing’s advantage. He simply brings a fresh mindset to the art scene if being competitive means defying continuity in art history. The artist does not lack credible proofs: his latest artworks are featured in a book C ontemporar y Philippine Arts from the Regions by Veronica Ramirez. He rightly belongs to the 10 Artists to Watch Out For by Status Magazine and 10 Filipino Artists You Should Follow on Instagram by Spot.PH in 2015. Abing was a good choice of an artist who showcased in 2016 Art Fair Philippines wherein his artworks appear in Art Republik--Singapore’s premiere qu ar terly ar t magazine. Looking deeper at the artworks, I made the following analysis of the collages shown in Abing’s latest solo:
We s om e t i m e s ve e r towards the emphasis on external appearances when we deal with people or seek to understand ourselves. Sigmund Freud, however, posits that what we see in a person is just the “tip of an iceberg”. The preconscious and unconscious layers of the mind—the non- apparent reserve of playful memories— are not evident but they influence our behavior. We have thoughts and feelings that we are not informed about, staying in a waiting room until a cue brings them to consciousness. The part that we are oblivious to, stand in another stockroom and powerfully predicts our feelings, motives and desires. Geovanni Abing brings us to his metaphor that brings us to the realization of ourselves as sons and daughters of our childhood or past experiences. But even as we are “glued” to what is beyond our ken, we are capable of liberating ourselves from what holds us back as beings who exercise
lucell larawan free will. With a positive outlook, we can declare that the best is yet to come. Faith, hope and love can see us through. In this show, we may be reminded of things we get riveted to, yet we are also mesmerized by the wings Abing’s collage possesses. The artist’s oeuvres obviously fly with a fresh touch of avantgarde. His music stands out amid competing melodies around. Upon listening with our hearts, we are not really glued—we transcend. (For comments, email lucelllarawan@gmail.com.)
Unsolicited advice for President-Elect Duterte First, of all, my congratulations on your electoral victory. Your victory is both very convincing and unprecedented. Congratulations, too, to the Comelec, led by Chairman Andy Bautista, and all the other agencies and sectors who made the elections generally peaceful, orderly and credible. As you prepare to take on t he ver y imp or t ant responsibility conferred to you by the Filipino people, may we be allowed to offer a few suggestions for your consideration. One, be a healing victor. Do not be vindictive. Reach out to your former political adversaries. As they say: Ang pulitika ay isang araw lamang! If you do this, you may find out that your worst political foes today could be your strongest political allies tomorrow. Two, strive for continuity. Not everything that your predecessor has done is wrong. C ontinue those programs that went well and even try to improve on them. Best if you can give credit where credit is due. Third, do the same with
your political appointees. If you look close enough, there are “gems” in the outgoing crop of cabinet and subcabinet officials. Arman Luistro, if I may mention one. Why fix the clock when it ain’t broken? You may not have to look very far in scouting for your cabinet appointees. Career undersecretaries would know their departments inside out. They do not need a learning curve. They are sure to hit the ground running. But give them a one year “probationary” period to prove that you have not made a mistake in appointing them. In choosing your appointees, keep in mind that you need implementors more than you need analysts and planners. There are already enough good plans in place. Give preference to those who don’t intend to seek elective positions. Danger with appointing political wannabees is they might use the cabinet merely as a stepping stone and use their offices to promote themselves, not your programs.
Four th, do an FVR . Former President Fidel V. Ramos was elected as a minority president. Even with your resounding victory, you, like FVR, are still a minority President. FVR created and made good use of a Legislative Executive Advisory Council or LEDAC. The LEDAC met regularly to thresh out priority bills. Result: the Ramos presidency had been the most productive presidency in terms of economic legislation. Fifth, it may be a good idea to form an Economic and Business Advisory Council. This will be composed of the brightest men and women from the business sector and the academe, who for one reason or another, do not wish or can not serve in government. Me e t t h i s Ad v i s or y Council regularly, at least once a month. And please listen. You will definitely get much better advice from this council than one coming from a “midnight cabinet”. Be sure to invite in this council even your most vocal critics. These critics will
SPEAKING
O ut
Ignacio Bunye tell you not just what you want to hear, but what you really need to know. Sixth, be and act Presidential. For better or for worse, you will be the face of the Filipino people in the world stage. Please, Mr. President. Immediately renounce your Japanese citizenship. Stop being Rodrigo Nakamura. No more talk about abolishing Congress. No more talk about your dislike for Catholic prelates. And control that dirty finger. We both know they were just election campaign gimmicks. Good luck and God speed. Note: You may email us at totingbunye2000@gmail. com.
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. -- herbert hoover ,
31st u.s. president
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Smart posts strong gains in Q1, doubles growth in mobile data monday | may 16, 2016
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LDT wireless subsi di ar y Smar t C ommunications (Smart) posted a 38% hike in its mobile Internet revenues for the first three months of 2016, aligned with the strategy to raise revenue contributions from data and digital product segments. The surge in Smart’s mobile Internet revenues is twice the increase that the telco posted during the same period last year, clearly showing the upward trajectory of the business. Smart posted 3.091 billion in mobile data revenues for the first quarter of 2016, or 38% more than the same period in 2015. This growth is double the 19% year-on-year increase in Smart’s mobile data revenues from the first quarter of 2015 (2.235 billion)
Editor: CHENG ORDOÑEZ
versus the same period in 2014 (1.878 billion). Mobile internet revenues now account for 30% of PLDT’s mobile data and broadband revenues, up from the same period last year. “We are clearly pressing on with the shift to data as a revenue driver for the business. This quarter’s results show we are not only growing the revenues of mobile data – we are growing it twice as fast,” according to Ariel Fermin, PLDT and Smart executive vice president and head of consumer business. Fermin cites increased smartphone adoption among subscribers and a strong subscriber appetite for digital services as the twin drivers for growth. Almost half, or 45%, of
the subscribers of PLDT’s wireless brands Smart and Sun are now using smartphones, up from only 30% last year. Smart also posted a robust, 51-p ercent incre as e in mobile data traffic within the network, equivalent to 32,618 terabytes worth of data for just the first three months of the year. “As we continue to push smartphone adoption among our subscribers, we are at the same time stepping up our efforts to stimulate mobile data usage by offering the most relevant digital services,” Fermin said. Compelling digital services In the first quarter of the year, Smart broke ground in its drive to accelerate smartphone adoption when it offered the Smart Prepaid
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myPhone28 worth P888, with one year of free mobile data. In the range of more advanced devices, Smart offered the Samsung Galaxy S7 and bundled it with the Samsung Gear VR. To encourage mobile data use, Smart has actively promoted a broad suite of digital content that’s accessible via smartphones. Called ‘Smart Life’, this package of services offers entertainment in various forms such as movies and videos on iFlix, music via Spinnr, books and magazines, and e-Sports
via GameX, that may be paid for using one’s prepaid load or chargedto a postpaid account.Smart also partners with top apps like Uber and Airbnb for a complete suite of digital services for Smart subscribers. Smart also introduced to the market more flexible and affordable data packages. The ‘Big Bytes Barkada’ allows ‘pasa-data’, where a user may share his or her data allowance with other users by passing it in minimum 50 MB chunks. Smart also offers ‘Shared Plan 999’, which
provides three smartphones and three mobile numbers under a single account, that are capable of sharing 6 GB of mobile data volume per month. The volume allocation of all Big Bytes offers were also doubled, as in the case of Big Bytes 50, which for P50 already provides 700MB worth of data. Data monetization “ These strategies are getting traction, as we are seeing aparallel rise in data traffic at 51%, and increase in revenues at 38%,” said Fermin, smart/PAGE 10
The Dancesport Council of Cagayan de Oro hold an eliminations competition Saturday (May 7, 2016) at Event Center, Limketkai Mall. Elims finalists will be deployed to the Batang Pinoy regionals this September in Surigao City. PHOTO BY Mark Francisco
MSMEs’ technology innovation assistance for intensifed CAGAYAN DE ORO CITY -- VJANDEP Pastel, Salay Handmade Paper, SLERS, D a r l i n g’s Fo o d , Pa r a s Machineries, Angel’s Log Pastries, Cakebook Pinasitas are only a few of the many micro, small and medium enterprises (MSMEs) that Department of Science and Technolog y (D OST) in region 10 has extended its technology and innovation assistance to through the Small Enterprises Technology Upgrading Program or SETUP. Since its inception in 2000, DOST Region 10 has assisted 169 MSMEs, with a total project cost of P161M. Every year, an increasing number of enterprises adopt new technologies and equipment under this program. S E T U P i s D O S T ’s
nationwide strateg y encouraging and assisting micro, small, and medium enterprises (MSMEs) to adopt technological innovations to improve their products, services, operations and increase their productivity and competitiveness. Further, it is a response to the public’s demand for improved access to technologies and breakthroughs developed by the different facilities of DOST. The program focuses assistance on the following priority sectors: food processing, furniture, gifts/decors/handicrafts, agriculture/marin/ aquacultur/forestry/livestock, metals and engineering, ICT, health and wellness products and services, halal products
and ser vices, and other regional priority products. The technology intervention enables MSMEs to address their technical probl e ms and i mprove productivity and efficiency through infusion of upgraded technologies to improve products/services and/or operations, human resource training, technical assistance and consultancy services, design of functional packages and labels, assistance in the establishment of product standards including testing, and database management system. The following can apply for SETUP assistance: a company or individual firm based in the Philippines and wholly owned by Filipino citizens; a micro, small and innovation/PAGE 10
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Cebu Pacific earnings nearly double in Q1
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EBU AIR, Inc., t h e f i r m b eh i n d budget carrier C ebu Pacific, reported 81% growth in net income for the first quarter of the year. The airline giant earned
P4 billion in the period compared with the P2.2 billion logged at the same time last year. The company’s firstquarter revenues surged 13% year-on-year to P16 billion, with pass enger
Pilipinas Shell to open terminal in CdO PILIPINAS SHELL Petroleum Corp. is looking to inaugurate next month its P6-billion terminal in Cagayan de Oro City, its top official in the country suggested. Edgar O. Chua, who chairs Shell’s various companies in the Philippines, said the terminal will be completed
soon. He did not give a final date, however -- merely the possibility of the project being finished before the end of the month. He made the remark on the sidelines of the annual stockholders meeting of Lopez-led Energy terminal/PAGE 10
Vista Land issuing 2nd tranche of Homebuilder Bonds in 2016 OPTIMISTIC about prospects for the capital markets fol l ow ing t he p e acef u l elections, the country’s largest homebuilder Vista Land & Lifescapes is issuing the second tranche of its 5-year VLL President and CEO Manuel Paolo A. Villar says the company is still evaluating whether it will be a single payment bond or a hybrid
to allow investors some flexibility with the payment terms. “The first homebuilder was quite successful and we’re looking at that and we’re seeing if we want to restructure that.” He then explained the way the first Homebuilder Bonds works: “you paid a little at a time vista/PAGE 10
revenues up by 11% to P12 billion from a reported 4.8 million passengers. Cebu Air’s cargo revenues grew 8.3% to P836 million. “Improved online bookings, accompanied with a wider range of ancillary r e v e nu e p r o d u c t s a n d services, accounted mostly for the increase”, read Cebu Pacific’s statement. “Ad d i t i o n a l i n c o m e surged 24% to P3.2 billion following the 13% growth in
A competitor in the under-17 age class executes individual dribbling during the 4th Uptown Soccer Festival held over the weekend at SM City Cagayan de Oro. PHOTO BY MARK FRANCISCO
passenger traffic and 10% increase in average ancillary revenue per passenger,” added the airline company. “ T he robu st f i g u re s we disclosed today are a testament to CEB’s (Cebu Air’s) success in making air transportation more accessible and affordable for everyJuan. We continue to upgrade our fleet, study new destinations and routes, and enhance our ground and in-flight operations,
to ensure only the best service for our passengers,” Cebu Air Vice-President for Corporate Affairs Paterno S. Mantaring Jr. was quoted saying. I n M a y, C e b u A i r announced it would add a flight between Manila and Doha, Qatar, to cater to the growing travel demand in the Gulf country. “ The new f light will op erate e ver y Saturday beginning July 9, 2016,
increasing services to three times a week,” the statement noted. The airline plans to offer flights of more than 90 routes to 64 destinations a c ro ss As i a , Aust r a l i a , Middle East, and the United States. Between 2016 and 2021, CEB expects delivery of the following aircraft: two brand new Airbus A320s, 30 Airbus A321neos, and 16 ATR 72-600s.
B anking&Finance 8 BSP orders GSIS thrift bank closed BusinessWeek MINDANAO
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HE Bangko Sentral ng Pilipinas (BSP) has ordered the GSIS Family Bank closed, following failed attempts to sell the bank to a private investor. In a statement, the staterun Philippine Deposit Insurance Corp. (PDIC) said it has taken over the bank on Friday, shortly after the BSP’s Monetary Board issued a resolution placing the lender under receivership.
The thrift lender, which is owned by the staterun Government Service Insurance System (GSIS) through a 99.6% stake, operates 22 units across the country, with total deposits of P974.81 million across 14,507 bank accounts. Of the total, P786.39 million or 80.67% are insured deposits, PDIC said. GSIS has repeatedly tried to sell its thrift banking unit, but has fallen short of closing
Social Capital Investmnet By venus s. tan-magsacay, Ph.D
The present world is getting to be highly materialistic! It seems that our happiness and contentment is hinge on the amount of money we have in our pocket; the account we have on the bank; how big our house is; the kind of car we drive around; and, the places we vacationed in. We are hooked on social media – facebook, twitter, instagram! Our lives seem to revolved around our cellphones, tablet, and netbook. From the moment we wake up, we immediately reached for our cellphones to check on text messages or calls, and before we go to sleep, checking our gadgets is the last thing we do. But are we investing in social capital with the things that we do day-by-day? What is social capital? Social capital does not have a clear undisputed meaning because unlike physical or even liquid capital, it is not readily quantifiable. According to Qureshi (2006), the concept of social capital (though not labelled as such) existed ever since small communities were formed and humans interacted with the expectation of reciprocation and trust. Simply put, World Bank (1998) defined social capital as, “the institution, relationships, attitudes, and values that govern interactions among people and contribute to economic and social development”. It’s two
key notions are social networks and trust. Farmers benefit from social capital by way of tenant – landlord relationship. Failing harvest would ensure the farmer that the landlord is there to help alleviate financial strains. Fishermen gained from social capital with the assurance that his peer will cover his back in case of emergencies. Neighbours profit from social capital by being assured that others will look after his possessions when he is away from home or, when emergencies arise, other neighbours will readily lend a helping hand because of relations established. In the modern world where we find it easier to chat on the internet, text and call on the cellphone, rather see each other in person, talk about our feelings, share experiences, trials and triumphs, are we investing in our social capital? Is being active in social media enhancing our social capital? Is social capital strengthened by the absence of face-to-face relationship? This remains to be seen. Hopefully, as Filipinos known for our strong family and friendship ties, we invest and continue to enhance our social capital in this modern world as we depend on our family, friends, neighbour, and community for our material, psychic, and symbolic needs throughout our life cycle.
any deals as the prospective buyers failed to comply with all the requirements for the award. The sale, which had a floor price of P501 million in 2015, also requires that the remaining 0.5% of GSIS Family Bank belonging to private stockholders, represented by the heirs of former Cavite representative Renato P. Dragon (2nd district), be sold to the same buyer of the 99.6% stake through a separate transaction. According to its President and General Manager Robert G. Vergara, GSIS is looking to dispose of its banking unit since it does not form part of its expertise as a pension fund managing the insurance of government employees, while citing the need for the bank to be run by a “strategic investor.” The thrift bank was put on the auction block three times last year, but to no avail. GSIS Family Bank runs seven branches in Metro
Manila, one in Bulacan, two in Laguna, and 11 in Cavite. It is headed by bank president Emmanuel L. Benitez and chairman Geraldine Marie Berberabe-Martinez. As the regulator of the country’s banking system, the BSP can order the closure of problem banks especially if found without enough liquid assets to cover its liabilities or if the bank has turned incapable of sustaining its operations. As practiced, PDIC is assigned as the receiver, to assume the bank’s assets and liabilities to its depositors. All bank deposits are insured to a maximum of P500,000, as provided by law. Account holders whose deposits stand at P100,000 or
Lapu-Lapu Rural Bank, Inc. in Carcar, Cebu; and the Rural Bank of Villaviciosa, Inc. in Abra. The central bank shut down 14 rural banks in 2015. The BSP and PDIC are working together to prompt small lenders to consolidate to bolster their financial viability under the government’s Consolidation Program for Rural Banks, which runs until August 2017. Under the program, a group of at least five rural banks located in one area may opt to consolidate to allow them to have stronger buffers given combined capital and assets, and may seek help from the government for a funding aid to raise more capital.
EastWest Bank profit rises 31% in Q1 EAST WEST Banking Corporation saw its net income rise by almost a third in the first quarter of the year, driven by strong growth seen in all areas of its operations.
Teacher as leader By CORAZON M. BLAZO, Ph.D, Principal I
NATURALLY, teachers must be leaders. They are the ones who lead their students. The ways teachers can lead are as varied as the teachers themselves, whether you’re in the Philippines, the United States or Tonga. Teachers assume a wide range of roles to support both school and student success. Whether these roles are assigned formally or shared informally, they build the entire public school’s capacity to improve. As a resource provider, teachers help their colleagues by sharing instructional resources. As an instructional specialist, teachers help colleagues implement effective teaching strategies. As a curriculum specialist, teachers understand content standards, how various components of the curriculum link together and how to use
less may seek early payment w it h out f i l i ng d e p o s it insurance claims, PDIC said, except for corporate accounts or for those with outstanding debts with the bank. Meanwhile, those with bigger balances may start their claims operations by the third week of June. GSIS Family Bank follows the fate of eight rural lenders which have been shuttered by the BSP this year. Others ordered closed since January are the Surigao City Evergreen Rural Bank, Inc.; Rural Bank of Malinao, Inc. in Aklan; Rural Bank of Panay, Inc. in Capiz; Koronadal Rural Bank, Inc. in South Cotabato; Rural Bank of Basay, Inc. and the Rural Bank of Bayawan, Inc. in Negros Oriental; the
the curriculum in planning instruction and assessment to ensure consistent curriculum implement throughout a school. As a classroom supporter, teachers work inside classrooms to help colleagues implement new ideas often by demonstrating a lesson, coteaching or observing and giving feedback. The last strategy enhances teachers’ self-efficacy as they reflect on practice and grow together and it also encourages a bias for improvement through collaboration on the part of the teachers. When teachers learn with and from one another, they can focus on what most directly improves student learning. Their professional learning becomes more relevant, focused on teachers’ classroom work and aligned to fill gaps in student learning.
The Gotianun-led bank said its net income for the January to March period reached a “record” p erformance of P786.6 million, 31% higher than a year ago. “E astWest sust aine d double-digit growth in its core operations and its industry-leading net interest margin (NIM) of 8% as the bank starts to see the result of its expansion program,” the listed lender, a subsidiary of Filinvest Development Corp., said told the Philippine Stock Exchange on Friday. Net interest income increased 32% year-on-year to P3.6 billion, driven by robust growth across the different business units -- consumer, business loans, and deposits. Other income, meanwhile, rose 4% to P1.5 billion. The bank said its trading income was at P449.7 million or 52% higher than the gains booked for the same period in 2015. Net revenues, on the other hand, grew by 22% to P5.1 billion. EastWest Bank said in its regulatory filing that its customer loans increased 33% to P164.6 billion as it remained focused on growing
its consumer and mid-market corporate loans. “Consumer loans are still taking up more than half of total customer loans at 61%. [It] grew 44% to P100.8 billion, while business loans increased 19% to P63.8 billion,” it added. Despite the robust expansion in its loan portfolio for the period, the bank said its overall non-performing loans (NPL) ratio improved to 3.12% from 4.30% for the same quarter last year. Its net interest margin of 8% was also better than the industry average of 2.94%. NPLs are obligations left unpaid for at least 30 days past due date. Meanwhile, deposits with the bank jumped 29% to P189 billion year-on-year, underpinned by a hefty 32% increase in low cost deposits and 26% increase in high cost deposits, the bank said. “We are pleased with our first quarter performance. We are happy to see the seeds of expansion we have been planting since 2012 begin to bear fruits. And it is just starting,” EastWest Bank President & CEO Antonio profit/PAGE 9
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SSS welcomes Enterprise Bank as new partner for housing and business loans The Social Security System (SSS) forged a memorandum of agreement with Enterprise Bank (A Thrift Bank) as its new partner in providing housing and business loans to members and employers during ceremonies held at the Executive Lounge at the SSS Main Building in Diliman, Quezon City on April 22. Enterprise Bank is the first thrift bank accredited in 2016 by the SSS as a participating financial institution (PFI) for the agency’s housing and business loan programs. The bank is expected to help the pension fund provide f i nanc i a l assist ance to individual members and businesses -- including micro, small and medium enterprises -- particularly in Visayas and Mindanao. Other SSS-accredited PFIs include the Development Bank of the Philippines, Land Bank of the Philippines, Philippine National Bank and Philippine Veterans Bank.
Photo shows SSS Senior Vice President and OfficerIn-Charge of Lending and Asset Management Division May Catherine C. Ciriaco (front, 3rd from right) shake hands with Enterprise Bank President and CEO Ronald E. Alvizo (front, 3rd from left) in front of SSS Executive Vice President for Investments Sector Rizaldy T. Capulong (back, center). Also present were (from left) Fund Sourcing Manager Christine Q. Te Eng Fo and Vice President for Finance Joy G. Politico from Enterprise Bank, and Cash Department Manager II Dennis T. Calonia, Investments Res earch and Support Department Corporate Executive Officer III Anastacia V. Manalac, Housing and Business Loans Department Manager II Marie Ada Angelique T. De Silva, and Business Loans Administration Section Officer-In-Charge Alfredo B. Adriano from the SSS.
Profit...
level bolstered by robust loans and deposits growth as the bank’s customer base and market share grew alongside the expansion of its store network nationwide,” the listed lender said. Its total capital adequacy ratio -- a measure of the bank’s financial strength -- sto o d at 14.9%, well above the central bank’s 10% minimum requirement. Its common equity Tier 1 (CET1) ratio of 11.8% also exceeded the minimum CET1 ratio of 8.5%. The bank’s Tier 1 capital, it noted, is composed entirely of common equity. E a s t We s t B a n k h a s a combined nationwide network of 437 branches, almost triple its nationwide network five years ago.
from page 8
C. Moncupa, Jr. was quoted as saying. T h e b a n k ’s t o t a l op e rat ing exp ens es for t h e f i rs t t h re e m ont hs of the 2016 -- excluding provision for loan losses -- grew by 18% to P2.8 billion, consistent with the growth of the bank’s operations. Compensationrelated expenses rose 13% to P1.0 billion. It also set aside P1.3 billion for probable credit l o ss e s , 3 7 % h i g he r, on account of aggressive consumer loan portfolio growth. “ To t a l a s s e t s s t o o d at P240 billion, up 30% compared to the year-ago
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Courage... from page 2
“Napaisip ako sa sitwasyon namin at kailangan kong may magawa para sa pamilya (I reflected on our situation and decided to do something for the family),” Mukarza said. With P1,000 as capital , a decisive character and an unfaltered determination to succeed, Mukarza started her small “Satti” business. “naisip ko mag benta ng pagkain kasi karamihan sa mga kapitbahay namin ay nagtatrabaho at walang oras magluto kaya naisip ko na gawing business ang Satti (I thought of food-vending since our neighbours are mostly workers who do not have time to cook. I thought of satti as a business),” she quipped. Satti is a spicy dish served with sticky rice, cooked in a woven coconut leaf locally called pusoh – with grilled beef and chicken in skewer served with thick, spicy and hot (literally) sauce. DOLE’s assistance The long wait is over, Mukarza’s husband Ibrahim was able to go home in 2015 through the help of Philippine Embassy in Bahrain. The couple did not waste time as they sought the help of the Departmento of Labor and Employment (DOLE) 9 for his reintegration. On April 8, 2016, the couple received livelihood assistance from the labor department – an additional tools and jigs to augment and strengthen their livelihood undertaking. The turnover of the “pangkabuhayan showcase” was led by DOLE 9 Regional Director Sisinio B. Cano who said- “I urge the returning OFWs to aspire to be an entrepreneur in their own way. Think of an enterprise that you are passionate about, something that will respond to a demand or a need in the community.” “Malaking tulong po itong kitchen utensils , mapapadali
po nito ang aking gawain at mas magkakaroon po ako ng mahabang oras para sa aking dalawang anak (This is big help , these kitchen utensils will make my work easy and will save me more time to devote to my two growing kids),” Mukarza stressed. “Dati, manual ko po e-grind ang mga ingredients para sa sauce , ngayon may food grinder na ako , napakahalago po nito, (before, I was manually grinding some ingredients for the sauce. Now I have a food grinder which is a very valuable tool),” Mukarza declared. Mukarza also shared her excitemetn over her husband’s joining the business management session with DOLE-9 as she is sure that the session will influence her husband to have the enterpreneurial spirit and character. The Gains The couple’s Satti business is doing good with an average daily net income of P1, 200 . They were also able to provide local employment to two out-ofschool youths, one who serves as his kitchen assistant and the other who attends to customers and maintains the cleanliness of the eatery. (FPG/JPA/PIA9)
Aid...
from page 2
Meanwhile, 20,477 bags of hybrid and open-pollinated corn seeds are also set for distribution with allocations as follows: 5,564 bags for North Cotabato, 5,548 for South Cotabato, 4,498 for Sultan Kudarat, and 4,887 for Sarangani. These seeds cost Php28.03 million. Provincial allocations, Datukan explained, was based on the reported production area and damage reported. On May 4, DA 12 gathered provincial and municipal agriculturists in the province to lay down the schedule of distribution of the support aids to farmers.
Distribution started on Thursday (May 12) and may continue until June. Field Operations Division Officer-In-Charge Ray Embajador said they have already discussed with local government unit counterparts regarding the guidelines of the distribution of seeds that the process is correctly followed and priority farmer-beneficiaries get their share. LGU-based agriculturists were also directed to prepare master lists of recipients before the inputs are withdrawn. Director Datukan emphasized that rice and corn growers among El Niño-hit areas are first on the list that the regional office considered in close coordination with the local agriculture offices making sure that those mostlyaffected farmers as per LGUs’ identification and submission will be the priority recipients of the assistance. “We have hastened the monitoring and validation of areas to ensure the efficient delivery of appropriate services and interventions for the immediate recovery of these areas with reported damages,” Director Datukan said. Regular program funds, Quick Response Funds (QRF) from DA-Central Office and regional office, and 2015 continuing funds were programmed for the procurement of 73, 011 bags of rice and corn seeds which constitute the first salvo of assistance covering May-June planting season. (DEDoguiles-PIA 12 with report from CRMatullano/ LMSalvo-DA12)
Philippines in partnership with Smart, eventually started buying data load packages in order to continue using the mobile Internet services that they like. This, in turn, has helped push the percentage of paying data users within the Smart network to grow from about one-third last year to around 50% of smartphone owners this year. “Critical to all of this is our ability to provide the best customer experience when it comes to mobile data. Mindful of that, we are underpinning all of these initiatives with our drive to build and maintain a superior network as the foundation of our digital strategy,” Fermin said. Faster mobile data speeds To this end, PLDT and Smart have set aside about P43 billion in capex, the bulk of which is budgeted to boost internet services in the country, including the recently announced initial deployment of LTE-Advanced, also known as 4.5G. Smart fired up earlier this month the country’s first LTE-A network in Boracay, using a capability called “carrier aggregation.” Carrier aggregation refers to the ability of LTE-A to combine two or more radio frequency bands in order to deliver bigger bandwidth and faster data speeds to mobile users. “We are moving on several fronts – networks, devices, digital services, and data plans – to enable our customers to enjoy a Smart Life and truly live digital,” Fermin said.
Smart...
medium scale business firm that can be classified under the identified priority sector; a company or individual firm willing to apply technological innovations to their existing products, services and/or operations; any government entity (including state colleges and universities), cooperative, civil society organization, and
from page 6
highlighting that subscribers are clearly willing to spend for mobile data services that’s relevant and meaningful to them. He pointed out that about 83% of the users of Free Basics (formerly Internet.org), which Facebook first launched in the
Innovation... from page 6
academic institutions operating business-like projects/activities (such as Common Service Facilities, Innovation/Incubation Centers) for entrepreneurs/ graduates of entrepreneurship). Proponents shall submit the following documents to the DOST regional office through the Provincial Science and Technology Center (PSTC): letter of intent to avail of the SETUP assistance, stating commitment to refund the cost of innovation system support and cover the insurance cost for acquired equipment; fully accomplished DOST TNA Form 1, “Application for Technology Needs Assessment”; proposal using SETUP Form 1 “SETUP Project Proposal Format”; copy of business permits and licenses issued by LGUs and other government offices.
Terminal...
from page 7 Development Corp., on whose board he sits as an independent director. The Northern Mindanao fuel import facility is being built in Misamis Oriental’s capital. It broke ground in November 2013. The company said it decided to build the terminal there was because of the area’s potential economic growth. The facility is expected to accommodate shipments of petroleum products, including motor gasoline, diesel, and jet fuel. Shell is also planning to build an import facility for liquefied natural gas near its oil refinery in Tabangao, Batangas. Earlier plans included floating storage and a regasification unit. Company officials previously said that it would take up to three years before the project is operational. The planned import facility will have a 170,000-cubic-meter capacity. It will be capable of fueling power plants generating a total of 2,000 megawatts.
Mr. Chua previously said that the final investment decision on the Batangas facility would depend on when the company can secure the contracts for off-takers. Shell’s companies in the Philippines include various entities operating in oil and gas exploration, production, oil refining, distribution, and sales to consumers. Among these are Pilipinas Shell, which refines, blends, transports, and sells a range of fuels, lubricants, bitumen, and other specialty oil-based products. Pilipinas Shell operates a 93,000-barrels-per-day refinery, 22 oil depots across the country, and over 960 retail stations nationwide. Shell Philippines Exploration B.V., which is into oil and gas exploration activities, operates the Malampaya deepwater gas-to-power project on behalf of the Department of Energy and its partners.
Vista... from page 7
small payments but I think there’s also a strong demand just one time - meaning, it’s really an investment.” Vista Land’s Homebuilder Bonds provide investors and potential buyers an alternative means of saving. Upon the bonds’ maturity, investors may opt to use the proceeds to purchase a Vista Land property or secure a cash payout. VLL earlier secured approval from the Securities and Exchange Commission for P2.5 billion of Homebuilder Bonds, of which P500 million was already sold in 2012. Vista Land recently completed four malls located in Taguig, San Jose del Monte in Bulacan, Sta. Rosa in Laguna and Balanga in Bataan, as well as a BPO commercial center in Las Piñas, adding 221,748 square meters in gross floor area.
Republic of the Philippines Province of Misamis Oriental Municipality of Initao
Republic of the Philippines Province of Misamis Oriental Municipality of Initao
Republic of the Philippines Province of Misamis Oriental Municipality of Initao
NOTICE TO THE PUBLIC
NOTICE TO THE PUBLIC
NOTICE TO THE PUBLIC
CCE-0017-2016 R.A. 10172
Date: May 10, 2016
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 CLAUDIE MAIKO A. ASEQUIA 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 CLAUDIE MAIKO A. ASEQUIA at Initao, Misamis Oriental and whose parents are ROY O. ASEQUIA and MILAGROS A. AMPER. Any person adversely affected by said petition may file his written opposition with this Office not later than June 6, 2016. BWM: May 16 & 23, 2016
(Sgd.) ISAIAS A. JARALES Municipal Civil Registrar
CCE-0007-2016
Date: May 12, 2016
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 ERMA T. DAJAN has filed with this Office, a petition for change of first name from “REDREL” to “HENRY” and correction of entry in sex from “ ” to “ ” or correction of entry in the date of birth from “ “ to “ “ in the certificate of live birth of REDREL P. DAHAN at Initao, Misamis Oriental and whose parents are LEON G. DAHAN and VICENTA POBLETE. Any person adversely affected by said petition may file his written opposition with this Office not later than June 6, 2016. BWM: May 16 & 23, 2016
(Sgd.) ISAIAS A. JARALES Municipal Civil Registrar
CCE-0022-2016 R.A. 10172
Date: May 13, 2016
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 LESLIE VHEER A. JAMIS 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 LESLIE VHEER A. JAMIS at Initao, Misamis Oriental and whose parents are JACINTO B. JAMIS and REGINA E. ALMONIA. Any person adversely affected by said petition may file his written opposition with this Office not later than June 6, 2016. BWM: May 16 & 23, 2016
(Sgd.) ISAIAS A. JARALES Municipal Civil Registrar
Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan
Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan
Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan
Office of the Municipal Civil Registrar
Office of the Municipal Civil Registrar
Office of the Municipal Civil Registrar
NOTICE OF PUBLICATION
R.A. 10172 From No. (LCRO) NOTICE OF PUBLICATION In compliance with section 7 of R.A. 10172, a notice is hereby served to the public that JOREY C. PEDRAJAS has filed with this office a petition for change of GENDER from MALE to FEMALE in the birth certificate of JENLY B. PEDRAJAS who was born on April 17, 1999 at Kapatagan, Lanao del Norte and whose parents are JOREY C. PEDRAJAS and ELENA B. BATERSAL. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days. BWM: May 9 & 16, 2016
(Sgd.) IVY REYES TONGCO Municipal Civil Registrar
In compliance with Rule 7 of R.A. 10172, a notice is hereby served to the public that RESELLIER M. DELOS REYES has filed with this office a petition for correction of date of birth from March 15, 1956 to MARCH 19, 1956 in the birth certificate of RESELLIER M. DELOS REYES who was born on March 15, 1956 at Kapatagan, Lanao del Norte and whose parents CLAUDIO DELOS REYES and EMELIANA MALAGAR. Any person adversely affected by said petition may file his written opposition with this Office is not later 15 days. BWM: May 9 & 16, 2016
(Sgd.) IVY REYES TONGCO Municipal Civil Registrar
R.A. 10172 From No. (LCRO) NOTICE OF PUBLICATION In compliance with section 7 of R.A. 10172, a notice is hereby served to the public that MARICEL B. DUGADUGA has filed a with this office a petition for change of GENDER from FEMALE to MALE in the birth certificate of YZAH MYL HECERA DUGADUGA who was born on March 31, 2004 at Kapatagan, Lanao del Norte and whose parents are SAMMY PRATO DUGADUGA and MARICEL HECERA BULAYBULAY. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days. BWM: May 9 & 16, 2016
(Sgd.) IVY REYES TONGCO Municipal Civil Registrar
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Merger... from page 1
Department of Agriculture with the Department of Agrarian Reform and Department of Environment and Natural Resources, Laviña said. He said merging SSS and GSIS alone can save the government P5 billion annually, and the savings can be realigned to programs for social services and salary increases of public workers. “All of these will be studied whether they are workable and good for the government,” he added. But Laviña said they may not push through with the plan if Congress would agree to calling for a constitutional convention so that the process of shifting to a federal parliamentary form of government could start. If push comes to shove, he said, only agencies that have dealings with the international community such as the Department of National Defense, Department of Foreign Affairs, Bureau of Immigration, and Bureau of Customs will be retained. He added regional states will have their own offices that will attend to the needs of their own constituents. Laviña said the new administration plans to propose to Congress to call for a constitutional convention to make a major rewriting of the 1987 Constitution hopefully by next year. If this would push through, the framers of the new constitution may be convened by early next
year and start the national consultations, including those for Filipinos living and working abroad, he said. Laviña said they will present the new charter to the Filipino people for approval through a plebiscite by 2019 in time for the midterm elections. If approved, Laviña said the regional states will be set up between 2019 and 2022 and will elect federal officials by the end of Duterte’s term.
ARMM...
from page 1 and stakeholders at the municipality of Parang in Maguindanao province to review and update the 2016 ARMM Investment Priorities Plan, the region’s blueprint for investments generation. “We have reached our 2016 target which is to register P900 million worth of investments and confident to register additional P1 billion or more this year”, Lawyer Ishak V. Mastura, chairman of the RBoI-ARMM, said in a statement. In January, Mastura said announced the registration of the P1.3-billion oil palm plantation project of the Gintong Agri-Corp., a mostly Singaporean-owned company based in Datu Odin Sinsuat, Maguindanao. Last year, the ARMMM saw a record P6.5 billion in investments, which exceeded by nine-fold their P700 million target for the year. Last year’s total was also 70% higher than the P3.867 billion registered in 2014. Livelihood generation in the region also grew by 43% last
Republic of the Philippines REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte ERLINDA M. DELA CRUZ, Plaintiff,
CIVIL CASE NO. 21-409
- versus -
FOR: SUM OF MONEY
MERELY DIONALDO, Defendant. x- - - - - - - - - - - - - - - - - - - - / NOTICE OF SALE ON EXECUTION OF REAL PROPERTY WHEREAS, by virtue of the Writ of Execution dated October 23, 2015 issued by HON. ALBERTO P. QUINTO, Acting Presiding Judge of this Court in the above-entitled case, for the satisfaction of the judgment, directing the defendant Merely Dionaldo to pay to the plaintiff Erlinda dela Cruz, the sum of EIGHT HUNDRED EIGHTY SEVEN THOUSAND, FIVE HUNDRED (P887,500.OO) PESOS, Philippine Currency as principal, and the legal rate of interest thereon at one percent per month from the finality of this Decision (October 5, 2015), lawful fees in the service of this Writ, publication and other related incidental expenses. LEVY was made by the undersigned Sheriff on May 6, 2016 thru the Register of Deeds of Lanao del Norte on the rights, interests and participation which defendant have in the realty described more particularly, as follows: TRANSFER CERTIFICATE OF TITLE NO. T-24,522 Registry of Deeds of Lanao del Norte A parcel of Residential Land (Lot 450-C-3-1-7, of the subdivision plan Psd-12-006373) being a portion of Lot 450-C-3-1 Psd-12-003542, situated in the Barrio of Maranding, Municipality of Lala, Province of Lanao del Norte. Bounded on the E., along line 1-2 by Lot 450-C-1-8; on the S., along line 2-3 by Lot 450-C-3-1-6; on the W., along line 3-4 by Lot 450-A (LRC) Psd-211177; and on the N., along line 4-1 by Lot 450-C-3-1-8 of the subdivision plan. Registered in the name of MERELY M. DIONALDO, of legal age, Filipino, married to Thomas A. Dionaldo and a resident of Maranding, Lala, Lanao del Norte. Containing an area of TWO HUNDRED FOURTY (240) SQUARE METERS, more or less. NOW, THEREFORE, by virtue of the said Writ of execution and in accordance with Rule 39, Section 19, of the Rules of Court, the undersigned Sheriff will Sell at Public Auction to the highest bidder, for CASH and in Philippine Currency, on July 6, 2016 at 10:00 o’clock in the morning to 2:00 o’clock in the afternoon at the Office of the Clerk of Court, RTC, Branch 21, Kapatagan, Lanao del Norte, the rights interests and participation of Defendant Merely Dionaldo, in the above-described real property together with all improvements thereon in order to satisfy said Writ of Execution.
Kapatagan, Lanao del Norte, May 10, 2016.
(Sgd.) CARMELITO E. PEROCHO Sheriff IV
BWM: May 16, 23 & 30, 2016
year to 4,894 jobs from the 3,433 created in 2014. In 2011, ARMM contracted by 0.3%, but this has since reversed, with an economic growth rate of 3% seen in 2014 according to Regional Planning and Development Office (RPDO) Assistant Director Mlang U. Madal. Mr. Mdal attributed the improvement to the good governance reforms implemented by the regional government. ARMM Governor Mujiv S. Hataman said the challenge for the local government is to sustain the growth of investments in the core areas of agriculture, renewable energy and petroleum.
NGCP...
from page 1 In a media statement, NGCP explained that “not only is grassfire hazardous to the health of the people, it also poses a threat to power transmission facilities, particularly wood poles.” The transmission firm added “if these structures are burnt, our transmission services might be interrupted.” Grassfire incidents, according to the company, could be a prevalent threat especially with the anticipated peak of the El Nino phenomenon throughout the stretch of summer this year. NGCP similarly reminded that as experienced in the past, “smoke from grassfires alone can cause tripping of transmission lines.” It explicated that “the fire does not have to physically touch the line for it to trip. The thick smoke alone can trigger these lines to trip and cause power interruption.” In a related development, NGCP hailed the quick response of the Bureau of Fire Protection (BFP) in Cagayan, that in effect had averted a grassfire incident that could have adversely affected transmission facilities. “Last April 3, a wood pole
was burnt along one of NGCP’s transmission lines in the province. Fortunately, the incident did not result in a tripping,” the company said. Transmission lines underpinning the power system in Cagayan, Kalinga Apayao and some parts of Isabela were reported to have been vulnerable. NGCP expounded “the integrity of these lines is threatened by grassfires which, per field reports, are usually formed by farmers especially during the summer season.” The company thus reiterated its appeal to the public “to stop these unsafe practices near transmission lines so power interruptions are avoided.” (MMV)
Violation...
from page 1 told MindaNews. “Mayor” refers to Duterte, who will step down from his seventh term as Davao City mayor to assume the post of President by noon of June 30. She said those who are using these decorative plates will be fined P5,000 and their drivers’ license confiscated until payment of the fine, pursuant to Sec. 2E of the Joint Administrative Order 2014-01 of the Department of Transportation and Communication. Section 2E penalizes “attachment of any unauthorized plate/s or any accessory or device to and/or around the authorized motor vehicle license plate, or any manner of attachment that impedes in any way the visibility or reflectivity of the authorized motor vehicle license plate and/ or the third plate sticker.” The unauthorized plate will also be removed and confiscated in favor of the government. At least three violators have been penalized, she said. Calderon said drivers of these vehicles are told “si Mayor mismo magagalit” (the mayor himself will be angry). Duterte has repeatedly said
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-107 Upon extra-judicial petition for sale under Act No. 3135 filed by ANN C. GARIBALDO, mortgagee, represented by LADY LOU N. GALARRITA, legal age, single and a resident of Youngsville Subd., Lot 1, Block 6, Igpit, Opol, Misamis Oriental against DODGE L. CABAHUG, mortgagor, married to EDITHA O. CABAHUG, residing at Youngsville Subd., Phase 1, Lot 02, Block 6, Narulag, Igpit, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of May 2000, amounts to TWO HUNDRED FIFTY THREE THOUSAND EIGHT HUNDRED FIFTY PESOS (Php 253,850.00), inclusive of interest and penalty charges, exclusive of attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on June 8, 2016 at 10:00 A.M. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Branch 17, Tourism Bldg., Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements to wit: TRANSFER CERTIFICATE OF TITLE NO. T-16421 “A PARCEL OF LAND (Lot 2, Block 8, of the Cons. Subd. Plan, PCS-10-001089, being a portion of Lots 3507-B, 3507-C, 3507-E (LRC) PSD-211989. Situated in the Barangay of Igpit, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 1-2 by Lot 1 of Block 8 of the Cons. Subd. Plan;x x x x x …. Containing an area of One Hundred (100) square meters, more or less.” All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public a the said for whatever reason, the public auction will proceed on the next working day, further notice, posting and publication Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. April 27, 2016, Cagayan de Oro City..
(Sgd.) FE O. BONTUYAN – BULARON Sheriff IV
BWM: May 16, 23 & 30, 2016
in his campaign sorties that in the Philippines, “obedience to the law is optional,” a problem he promised to solve. In Davao City, which is his “Exhibit A,” traffic laws are strictly enforced. No exemption Duterte’s daughter Sara, vice mayor from 2007 to 2010, mayor from 2010 to 2013 and now incoming mayor, was flagged down for overspeeding on January 13, 2014. Her driver’s license was confiscated and she was issued a ticket for violating the 40-kilometer per hour speed limit. BAYAN Muna Partylist Representative Carlos Isagani Zarate was flagged down for overspeeding at 11:25 p.m. on December 8, 2015 and got a ticket, too, for overspeeding. “While driving my car along McArthur Highway coming from downtown area where I bought some medicines that my elder sister requested me to buy, I was startled when a uniformed police officer suddenly waved at me to stop,” Zarate posted on his Facebook account. “I was overspeeding in a 40kph speed zone. I immediately handed my license to SPO1 Mallonga, who readily left after issuing me my TOP (Temporary Operator’s Permit) to attend to two other speed limit violators, ” he added. “Speed limits apply at all times, day and night in our city; no ifs, no buts,” he wrote. Put them elsewhere Calderon said those who have decorative plates can put them on their windshields, for example, but not on the plate box. The decorative car plates cost from P180 to P250 in Davao City (plastic or embossed on GI sheet) while those for motorcycles cost 100 pesos. The designs vary: “DU30” or “DU30 El Presidente” or “DU30” with the face of Duterte, “DU30” with the face of Duterte and Philippine Eagle. The latest post-election designs are “DU30” with Duterte in a suit and the seal of the President of the Philippines behind him and the message “Abante Pilipinas” (Forward Philippines) and an embossed “DU30” with “President” underneath. EXTRAJUDICIAL SETTLEMENT OE SETATE OF THE LATE FLORENCIA G. DON Notice is hereby given that the intestate estate of the late FLORENCIA G. DON died at Iligan City, left A PARCEL OF LAND LOT NO.1491-D-3-A, of subdivision plan, being a portion of lot No. 1491-D-3-, Psd-12015842 containing an area of TWO HUNDRED (200) Square meters more or less that VOLTAIRE DON, FLORINA DON-SANTOS, RONNIE DON & LUDGER DON all of legal age and residing at Iligan City. Hereby adjudicate and partition unto themselves the said parcel of land among themselves by means of this document that for and in consideration of FIFTY THOUSAND PESOS (P 50,000.00) the receipt where of is hereby acknowledge from the Vendee, MARIETES P. BACUS. Hereby SELL, TRANSFER and CONVEY absolutely, in a manner absolute and irrevocable unto the said VENDEE, her heirs and assigns, a Two Hundred (200sq.m) of the hereditary state, free from all liens and encumbrances is the subject of EXTRAJUDICIAL SETTLEMENT OE SETATE OF THE LATE FLORENCIA G. DON Under Notary public ATTY. ANGEL ARIZO LIM JR., per doc. No. 33; page No.7; book No. III; series of 2016 BWM: May 16, 23 & 30, 2016
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2014 ppi’S Best in ENVIRONMENTAL Reporting
Several vehicles using these “DU30” plates have been plying the streets of Davao and other parts of Mindanao. In Iligan City on Wednesday, in the midst of a rush-hour gridlock, a man driving a vehicle with “DU30” plate got off his vehicle to direct the traffic flow. In Cagayan de Oro, a driver of a vehicle using a similar plate was seen parking improperly and was approached by the police. “Baka mag-reflect yan kay Mayor Digong… sabihin ng tao: “Ayan na. Wala pa makalingkod gapang-abuso na ang mga grupo ni Digong” (This might reflect on Mayor Digong (Duterte’s other nickname). The people might say: There. He hasn’t assumed the post of President and his supporters are already abusing,” said Davao City radio commentator Manuel Cabrera. The Digong Duterte Supporters (DDS) Facebook page said in reaction to the post on the decorative plates said “ang tunay na pagbabago ay ang hindi paglabag sa batas. Ang suporta natin ay di lamang hanggang sa eleksyon. Kailangan maging halimbawa tayo sa ating mga kababayan” (real change means do not violate the law. Our support is not just until election. We should be examples to our countrymen). (Carolyn O. Arguillas / MindaNews)
Competition...
from page 12 DC, Vamos, District Tree, DWLE (Driftwood Local Ent.), Grupo Nopo, Xavia Skateboarding Suits, Shabbir Ahmed, INDIO Eyewear, Freeride Skateshop PH, Franco Marcelino, 8a Performance, Ultra Winds Mountain Resort, Kick Engines, Fluidsurf, Zeal Decks, Big H Skate Co, Swicked, Joint Skate Shop, DCW Printing, Souvereign Skate Park, Reefside Artworks, HIPME, Mylife On Board, Quirky Lifestyle, Choloswavehouse. MayDayBKG by North Mind Longboarding is a nationwide event every month of May where skateboard riders not just compete, but also enjoy the company and the sport with their fellow riders. The North Mind Longboarding conducts race events not just for fun but for them to promote skateboarding as an alternative sport. For them, skateboarding is not a stereo type that people usually see or think, “We don’t skate to die or trash everything”, said one of the organizers. Skateboarding is a lifestyle. They discipline themselves by wearing proper protective gears before going downhill because as what they said: “We know our limits and we take good care of our passion”. And lastly, they named themselves ‘North Mind’ that stands for positive thinking, and for them, that is what skateboarding is all about. According to the organizer, skateboarding is one of a kind sport that must be developed and supported; it serves as an inspiration to everyone most especially to those who like extreme sports. There are so many things to be enjoyed and loved around us, and skateboarding is one them.
Hurst...
from page 4 pregnant: either you have another person’s life in you or you don’t. You cannot be just a little pregnant. Neither can you have Jesus living in you only part-time once or twice a week. So today, won’t you ask Jesus to forgive you and take full charge of your heart and lifestyle every day for the rest of your life? Jesus is both to die for and live for. Just Think a Minute…
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monday|may 16, 2016
A Captivating MayDayBKG2016 Downhill Longboarding Competition Story by RAULITO S. YARE, Photos by CHELSEA F. BIEN
Some 101 Skateboarders from Luzon, Visayas and M i nd a nao gat here d i n Ba ra ngay Ca ma ma n-a n to compete for t he 4t h MayDayBKG2016 Downhill Longboarding Competition in partnership with the Kasadya Festival of Barangay Camaman-an. This extreme downhill compet it ion w it h t he participation of 101 racers all over the Philippines last May 6 to 7 in Tigpuluhon, Camaman-an, Cagayan de Oro City was hosted by North Mind Longboarding, which was founded by a group of skaters in 2009 and decided to make it an official group for longboard riders. It was categorized into three divisions: open, women, and junior division. All of the riders had their chance to show guts with their
tremendous performance both as professional and amateur longboard riders. After competing for two long days under the direct heat of the sun, in the evening of May 7, headed by John Henry the head organizer, John Sebastian Colocar the race director, and Althea Gopez-Factura the secretary, had their awarding ceremony in Camaman-an Barangay Ha l l toget her w it h t he barangay officials headed by the barangay chairman of Camaman-an, Pete Arda. T he O p e n D i v i s ion Finals Champion - Tiny Catacuta n (Cagaya n de Oro), 1st Runner up - Tito Sumicad (Cebu), 2nd Runner up - RA Alvaro (Cagayan de Oro), 3rd Runner up - Mali Abat (Cagayan de Oro) for Women’s Division Champion - Da n iel ly C a mo C a mo
(Cebu), 1st Runner up Valerei Tabada (Surigao), 2nd Runner up - Nerissa Althia Ravina (Davao), 3rd Runner up - Sheena de la Rosa (Malaybalay) for Junior’s Division Champion - Ra Alvaro (Cagayan de Oro), 1st Runner up - Zaheed Rosales Kaba (Cebu), 2nd Runner up - James Lloyd Ramos (Cagayan de Oro), 3rd Runner up - Shane Louise Rye Espinosa (Cagayan de Oro). It w a s s u c c e s s f u l l y conducted with the assistance of Kabalikat CDO, Camamana n You t h Ta s k F orc e , Barangay Police, and Road and Traffic Administration together with the Philippine Red Cross for immediate emergency response. The 4th MayDayBKG2016 was also made possible by GRIND PH, Jhong Macaslang Casiño, Glance Norj, APRIL SUITS, competition/PAGE 11