BusinessWeek M I N DA N A O CREDIBLE
Volume X, No. 136
AS OF 6:00 PM MAR. 13, 2020 (FRIDAY)
FOREX
X
US$1 = P 51.030
18 cents
PHISIX 5,793.94
57.67 points
YOUR MINDANAO-WIDE BUSINESS PAPER
RELIABLE
X
Briefly Low sales M I C RO, s m a l l a n d m e d i u m enterprises (MSMEs) expect as much as 50 percent decline in sales and revenues this year due to the COVID-19 enhanced community quarantine (ECQ) as they asked government to provide additional working capital and allow all with online capabilities to resume operations during the lockdown. R o b e r t o C l a u d i o, p a s t president of Philippine Retailers Association, in a presentation before the webinar on “Helping MSMEs Survive the Pandemic” organized by the Management Association of the Philippines urged government to help save MSMEs, which account for 99.5 percent of total businesses in the country, employ 5.7 million jobs and contribute 35.7 percent to the economy. As working capital are depleted and cash flow are turning negative, Claudio said MSMEs need to continue paying for their obligations like salaries, utilities, suppliers, landlords, taxes among others.
Call for donations THE Philippine Eagle Foundation (PEF) is ramping up its call for donations online as it grapples with limited funds amid the lockdown prompted by the coronavirus d i s e a s e 2 0 1 9 ( C OV I D - 1 9 ) outbreak. The Philippine Eagle Center in Davao City run by PEF has been closed to paying visitors since midMarch due to COVID-19 related restrictions as well as a safety measure following a confirmed bird flu outbreak in Luzon. PEF Executive Director Dennis I. Salvador said while the center, which houses 31 Philippine Eagles and 81 other animals, has a steady fund from government, international organizations, and private sector sponsors, “the expanse of work requires more funding.”
IN-DEPTH
P15.00
Normin tourism suffers P1-B losses from Covid www.businessweekmindanao.com
Market Indicators
We strive for Excellence!
Philippine Press Institute Civic Journalism Community Press awardee for the following: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting 2018 Best in Business and Economic Reporting
Monday|May 18, 2020
Thank you for trusting us!
N
ORTHERN Mindanao's tourism sector has been one of the hardesthit by the coronavirus disease 2019 (Covid-19) pandemic, with losses reaching as high as more than P1 billion. This assessment was made by the National Economic and Development Authority in Region 10 (NEDA-10) on Friday, based on the tourism outputs the region reported
in the previous year. N E DA- 1 0 d i re c t o r Myla Fe Cariño said that between March 15 to April 30, the estimated losses to the SUFFERS/PAGE 11
Davao Region posts lower fish production in 2019 By ANTONIO L. COLINA IV, MindaNews
SAD FIESTA. The San Isidro Cathedral in Malaybalay City has been closed since March this year due to the coronavirus pandemic. But devotees still offer candles, prayers and donations during the fiesta in honor of the saint on Friday, 15 May 2020. mindanews photo by h . marcos c . mordeno
PCG probes oil spill at CDO port THE Philippine Coast Guard in Northern Mindanao (PCG-NM) on Friday began investigating the oil spill that occurred on the seaport of Barangay Macabalan, this city. The oil spill was first reported to authorities by crews of the ships docked at the Macabalan port Thursday morning,
DAVAO City -- Fish catch in Davao Region decreased by 7.2 percent, or 48,245.89 metric tons (MT) in 2019 from 51,983.43 MT in 2018, according to the Philippine Statistics Authority (PSA).
The region’s fish catch last year was the lowest since 2015, when it recorded a production of 59,498.46 MT. Of the total regional fisheries output last year, PRODUCTION/PAGE 11
said Ensign Jerich Ybañez, PCG-NM spokesperson. “As soon as we got the information, we then referred it to our MEPU (Marine Environmental Protection Unit) which responded right away,” Ybañez said. He said the MEPU contained the SPILL/PAGE 11
Adidas reopens 3 Mindanao stores HARD hit, like many businesses are, by the COVID-19 pandemic, Adidas Philippines is slowly, steadily getting back into action. This developed following the reopening of the company’s three stores: Ayala Centrio Cagayan de Oro, Gaisano Mall of Digos, and SM Cagayan de Oro
Uptown. The shoe and apparel brand stressed that these reopening are “in line with local government guidance and in collaboration with our retail partners”. Cagayan de Oro and Digos are among the areas that transitioned to general ADIDAS/PAGE 11
CATTLE INDUSTRY. The robust cattle industry in Manolo Fortich, Bukidnon, remains resilient amid the Covid-19 pandemic. photo by gerry lee gorit
RADYO SERBISYO 106.3 FM CDO Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776
2
Local
Mindanao’s food production capacity, an advantage under the ‘New Normal’
D
AVAO City – For many years, Mindanao contributes a huge percentage of food production for the whole country. This trait of the said region is seen as an
advantage under the ‘New Normal’ since Mindanao is known for being more than capable of sustaining its own agricultural needs and at the same time develop its own food surplus.
The President of the Davao City Chamber of Commerce and Industry Incorporated (DCCCII) Gian Carlo Borja-Tria is positive that Mindanao is going to have huge potential at re-building its
economy under the ‘New Normal’. “…the consensus of many business observers is that the food production capability of Mindanao will be the premium FOOD/PAGE 11
Over 10K beneficiaries paid under DOLE program in Caraga BUTUAN City – A total of 10,131 beneficiaries in the whole Caraga Region were already paid by the Department of Labor and
Employment (DOLE) through its Barangay Ko, Bahay Ko (BKBK) program as of May 14, 2020.
DOLE-13 director Chona M. Mantilla said Friday that over P32.5 million have been paid to the beneficiaries whose
sources of living were affected by the lockdowns imposed to contain the spread of the coronavirus disease 2019 (Covid-19). The BKBK is a community-based safety net program aimed to provide temporary employment to workers from the informal PROGRAM/PAGE 11
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
Social Amelioration Package distribution at Bangsamoro Autonomous Region in Muslim Mindanao. (Network Briefing)
DSWD disburses P96-B for SAP, R10 at 97% completion CAGAYAN DE ORO CITY—About 96 billion has already been disbursed to 16.9 million families nationwide through the Department of Social Welfare and Development’s (DSWD) Social Amelioration Package and in Region 10, 611,688 families have already been served comprising the 97.34 percent disbursement. During the daily
Network Briefing with Presidential Communications Operations Office (PCOO) Secretary Martin Andanar, May 15, DSWD Secretary Rolando Bautista said about 1,131 out of 1,634 local government units (LGUs) in the country have accomplished 100 percent in the SAP distribution. The secretary added that about 140 LGUs have already submitted their liquidation report, “Siyempre i-vavalidate ito ng ating mga field offices (Of course, these will be validated by our field offices).” As for the social pension, P2.5 billion has already been disbursed to 835,937 beneficiaries while the Assistance to Individuals in Crisis Situation (AICS) already helped 51,056 beneficiaries who have COVID-19 related problems. This includes 6,478 stranded individuals who were also assisted by the DSWD. In region 10, about P3.6 billion has already been disbursed for the SAP. There are only 16,555 families left unserved which would require about P100 million. (RTP/PIA10) C AG AYA N D E O RO M A I N B R A N C H 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 CO R R A L ES B R A N C H 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 L A PA SA N B R A N C H Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
3
CorporateWorld
Aboitiz bats for more infrastructure spend
A
BOITIZ InfraCapital has urged for increase in infrastructure spending, whether funded by government or private sector, saying infrastructure will rebuild the battered domestic economy. Cosette V. Canilao, Aboitiz InfraCapital President and Chief Executive Officer (CEO), said that Public-Private Partnerships (PPPs), in particular, can help fill in gaps brought about by funding reallocations amid the ongoing COVID-19 crisis. “We understand that the
government earmarked funding from other programs, including infrastructure projects, to address the COVID-19 impact. The private sector through PPP, could take up the void that the reallocation from infrastructure projects has created,” Canilao explained. For Aboitiz InfraCapital’s common tower project, discussions with partners Globe Telecom, Smart Telecom, and Dito Telecommunity on the first batch of towers are still ongoing. “The current crisis
PAL cancels flights till end May
IN the wake of the government’s extended lockdown, Philippine Airlines (PAL) the other night announced that all domestic flights to and from its hubs in Manila, Cebu and Clark will remain cancelled up to May 31, 2020. However, the flag carrier is evaluating the possibility of flying international routes, as well as domestic routes, to and from its Davao hub, in coordination with concerned government authorities. “We will announce any
planned flights once these are finalized,” according to PAL’s statement. The continued pause in the airline’s Manila, Cebu and Clark hub operations is in compliance with the Philippine government’s declaration of the Modified Enhanced Community Quarantine and related local restrictions from May 16 to 31. “We are in the process of notifying affected passengers by e-mail,” according to PAL. The current ticket of FLIGHTS/PAGE 11
has clearly proven the urgent need for digital infrastructure to support better telecommunication services, and the Aboitiz Group is ready to provide this through our common tower project,” she noted. On-the-ground activities such as site surveys and site acquisitions are expected to resume once the Luzon and local ECQs are lifted. Aboitiz InfraCapital also said it is ready to resume discussions with the government for its airport bids (Bohol-Panglao
International Airport, Laguindingan Airport, and Ninoy Aquino International Airport [NAIA] as part of the NAIA Consortium), post-ECQ. “We remain keen on the airport projects as we believe that these are vital in reviving the economy. As with all of the Aboitiz Group’s projects and businesses, we are as¬sessing COVID-19’s impact on our proposals,” Canilao noted. The government and the private sector need to work more closely together in putting in place programs that would
revive the travel and tourism industry, as it is one of the hardest-hit sectors in light of the current COVID-19 crisis. Aboitiz InfraCapital is also open to discussing with the government its unsolicited proposal along with the Ayala Group and Unisys, for a National Identification Card (ID) system previously submitted to the PSA in 2018. The urgent need for a National ID system became even more ap¬parent under the present conditions to help hasten COVID-19 aid distribution.
Ayala Corp. income down 17% as lockdown hits businesses
EARNINGS of Ayala Corp. (AC) dropped 17% to P6.7 billion in the first quarter as the coronavirus pandemic dragged its property, banking and industrial segments. In a stock exchange disclosure on Wednesday, the listed conglomerate said its consolidated revenues fell 11% to P61.72 billion in the first three months of the year, reflecting the impact of government lockdowns across its business units. If it were to isolate the estimated impact of the coronavirus crisis, AC said its net income would have been flat due to the P1 billion divestment gains from merging AC Education and iPeople last year. The company’s costs and
expenses during the period fell 10% to P45.64 billion. Capital expenditures for parent-only businesses stood at P6.9 billion. By business segment, real estate arm Ayala Land, Inc. posted the largest profit drop of 41% to P4.3 billion. This is attributable to the 38% lower property development revenues at P17.2 billion due to the eruption of Taal volcano in January. Leasing revenues from shopping centers and hotels also fell 9% and 17% to P4.6 billion and P1.6 billion, respectively, because of the enhanced community quarantine (ECQ) in mid-March. Banking unit Bank of the Philippine Islands booked
5% lower net earnings at P6.4 billion, traceable to its aggressive provisioning during the period. The company posted P4.2 billion in loan-loss provisions as it expected an increase in non-performing loans because of the pandemic. Profits of telecommunications arm Globe Telecom, Inc. slipped 2% to P6.6 billion due to higher depreciation from network investments and an increase in non-operating charges. Its capital expenditures rose 22% to P10.7 billion to support higher demand for data-related services. Power segment AC Energy Philippines, Inc. swung to a profit AYALA/PAGE 11
4
Opinion
The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2020-04015. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-432-0687, 0917-7121424
KIM'S DREAM
BUSINESSWEEK MINDANAO CORPORATION Publisher DANTE M. SUDARIA President/CEO
VICENTE C. DELA VICTORIA Vice President for Operations JOE FELICILDA Vice President for Administration JOHN AARON M. DEL BANDO Vice President for Events and Promotions JOE PALABAO Vice President for Marketing ROSE MARIE D. SUDARIA Vice President for Finance MIKE BAÑOS Vice President for Digital
NELSON CONSTANTINO Editor-in-Chief
GILBERT Y. CHAO
JUN AYENSA
Motoring Editor
Regional Editor - Caraga
MIKE BAÑOS Contributing Editors
ATTY. ANTONIO S. SORIANO
Feature Editor
2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel
CLIFFORD SANTILLAN
ATTY. MARIO T. JUNI
JOE PALABAO
Layout Artist
ORLAN R. RAVANERA El pueblo unido jamas sera vencido! (The people united will never be defeated!). This was the shout of the multitude gathered in the streets of Paris 3 decades ago while helicopters were hovering above, an expression of the global unity expressed in different languages. In 1991, It was my great honor and privilege to represent the Philippines together with known environmentalists, i.e. Junie Kalaw, Patty Araneta,
SPEAKING OUT
Juni Law Office Cruz Taal St., CDO Legal Counsel
MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell No.: 0977-152-8860 LANI VALLIDO-Marketing Manager
DAVAO MARKETING OFFICE Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City Telephone #: (082) 298-8815 Regional Mktg Manager-JOE PALABAO- 0926-8430152 Circulation-JOHN PAUL AQUINO, 0907-331-5640
Member: Philippine Press Institute Oro Chamber
Living with fear Think a minute . . . .Little Al was a sweet five-year-old boy and quite the little Englishman with his proper clothes and manners. His father, a successful businessman in London, called him his “little lamb.” Yet for some reason this daddy was setting up little Al for the shock of his life. One day while Al was playing, his father called him and handed him an envelope. He told his small son to take the note down the street to the police station and wait for the police chief to read it. Little Al was proud that his daddy had given him such an important mission. He ran as fast as his little legs could carry him. When he reached the police station, he confidently handed his daddy’s note to the police captain and said: “I’m to wait for an answer.” The police captain read the note and said to the boy: “Come with me.” Little Al followed him down a long hallway and through a door until they were standing in front of an open jail cell. Before Little Al knew what was happening, the policeman
THINK A MINUTE
Fr. Francis Lucas and Tony Quizon, in the historical trailblazing World Environmental Summit entitled, The Roots of the Future, held in Paris, France. About a thousand participants from different countries were in attendance. I remember then the lines, Vox Populi, Vox Dei (the voice of the people is the voice of God). The message then was to stop global warming, stop sacrificing Mother Earth and the people to the altar of greed and profit by a few oligarchs! Protect God’s vanishing creation or we will all perish as the Earth was already then facing its 6th extinction. And when the people are united, indeed, they will not be defeated – all for the love of Mother Earth. T h at t r u i s m of t h e people’s oneness is now being exemplified by the 18,581 cooperatives throughout the land to combat COVID-19.
Amidst the darkness of the corana virus pandemic, the spirit of compassion of the 11 million cooperative members shines through. In the hinterlands of Bukidnon, the PLDT Employees Credit Cooperative did supply food and relief goods including medicine to the thousands of Indigenous People’s families worth P200,000. The Philippine Army Finance Center Producers Integrated C o op erative (PAFCPIC) donated cash in the amount of P550,000 to assist the Philippine Army in the procurement of several units of paraPack Plus ventilators (models 300 and 310) to be utilized in transporting patients to the hospital under emergency as part of their COVID-19 operations. PAFCPIC also donated P50,000 to the indigenous peoples of Talakag
in Bukidnon and the fund was used to purchase grocery packs. In Antique, the BUGASONG MPC provided some P500,000 worth of assistance and the PATNONGON MPC donated rice, home made face masks, biscuits, juice, bottled water to the community worth hundreds of thousands of pesos. In the island of Camiguin, the Mambajao Multipurpose Cooperative distributed rice assistance to the members aside from extending loan relief by temporary suspending loan payments. The ALKALEAD Multipurpose Cooperative of Maramag, Bukidnon gave vitamins to staff and the members and offered free delivery of the basic goods to the barangays. While practicing social or physical distancing, the Mauswagon SHINES/PAGE 10
Losers and winners
Cell No: 09352379999
CHAINCERLIE SUMALPONG Advertising
MONDAY|MAY 18, 2020
Amidst the darkness of COVID-19, cooperativism shines through (1st of 2 parts)
Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com
ALLAN MARIO MEDIANTE Vice President for Corporate Affairs RUFINO T. MAGBANUA Vice President for Business Development
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
IGNACIO BUNYE Surely, there are many, many losers in this unforgettable experience of our generation - families who lost loved ones, f r iends w ho lost associates, huge segments of our population who suddenly found themselves out of job, businesses which suddenly lost their markets, the national economy which has gone into recession. But there are also some gainers – front-liners who have become overnight heroes, devotees
who have become more prayerful, families which have become closer, we who can breathe air that is cleaner (that is if we can step out of our homes for a while), we who can witness the skies turning bluer, workers who have found new and more efficient ways of doing their work, families feeling safer because the crime rate has gone down. When everything is said and done, however, I still hope that a vaccine is discovered, approved, mass produced and distributed soon, so we can return to our normal lives. Until such time, my good friend, Robert Dennis Garcia, Infectious Disease Physician of the Makati Medical Center, has sound advice which he posted on the web. Dr. Garcia says that we need to continue to remind our citizenry on the dangers of COVID 19 and to lead
disciplined lives both for our protection and that of others. “Meanwhile, we have to make our best effort to prepare, equip, & boost the capabilities & capacities of our health care system. Quarantine facilities in each town & city should be set-up to serve as hospital extenders, i.e., only the very serious cases will be treated in designated referral hospitals.” Dr. Garcia continued: “For all of us, after the lockdown is lifted, we have to have a mindset that: 1.) Our home is our fortress. 2.) Every time I leave my home, my family & my loved ones' lives are placed at risk; as such, I have to have a good reason for leaving, and I have to be protected with a disinfectant in my bag, & I will wear a mask +/- eye shield while I am outside. 3.) Anyone I encounter outside of my home may have asymptomatic COVID illness. 4.) If I feel
sick, I will not leave my home, & will promptly inform my workplace, & seek medical help for a proper evaluation & treatment.” Some winners Technology has been hugely transformational in this exp erience and comp anies w hich have invested for some time now in digital channels are obvious winners. In the case of Globe and GCash, it’s quite extraordinary. GCash has become a favorite payment system and a key channel for money flow during the ECQ. Jaime Augusto Zobel de Ayala (JAZA) reported to Ayala/Globe shareholders that there has been a massive uptrend in download. GCash now has over 15 million active users and is one of the largest, most downloadable apps in this crisis. JAZA added: “Bank of WINNERS/PAGE 11
Fertility and sterility JHAN TIAFAU HURST pushed him inside and shut the big iron-barred door behind him. As the police captain walked away he said sternly to the five-yearold: “This is what we do to naughty boys.” Then ever ything was silent. No one heard little Al’s frightened cries for hours. Finally, the police chief returned. Without saying a word, he opened the jail cell door and let the boy out. Little Al ran out of there even faster than his little legs had brought him! He never knew why his father did that to him! What bad thing had he done at age five to deserve such a horrible, terrifying punishment? FEAR/PAGE 11
No, this piece is not about human reproduction. This is about our great need to be vitally united to Christ, like branches to the vine, if we are to be fertile and fruitful, not only in our own personal spiritual life but also in our apostolate which is inseparable in our pursuit for personal sanctity. Otherwise, the only thing we can expect is sterility, no matter how much we try to be fruitful and productive. I suppose we are familiar with that parable about the vine and branches. (cfr. Jn 15,1-8) It’s important that we remind ourselves that we are branches that need to be united to the vine. We cannot think of ourselves as if we are just on our own, or that everything depends on us, that things begin and end with us. No, sir! We need to be united to the vine who is
Christ, the God made man who is the pattern of our humanity and the savior of our damaged humanity. We have to be constantly aware of this fundamental truth about ourselves, a truth that we have to continually affirm, live out and reinforce, given our condition here on earth that is prone to all sorts of things that tend to deny that truth precisely. We have our own personal weaknesses that already are a formidable enemy to contend with. We tend to be lazy, to be worldly, to be sensual that desensitizes us from the spiritual and supernatural dimensions of our life. As a consequence, we often fall into the varied forms of pride and vanity, greed, envy, etc. With these we can get the sensation that we are ok and are doing great when, in fact, the opposite is true. As the gospel would
summarize it, we have to contend with the lust of the eyes, lust of the flesh and the pride of life. We should never ignore or even take for granted these weaknesses. Rather we have to take the necessar y precautionar y measures. Besides, we also have to contend with the many allurements of the world that give us sweet poisons. Plus, of course, there is the devil, the ever scheming and conspiring evil spirit who will always hover around us like flies around some rotting carcass. A quick study of the lives of many saints can easily lend credence to this great need of ours to be vitally united to Christ if we are to be fertile and fruitful. Though many of them were isolated, ost racize d, p ers e c ute d, imprisoned, martyred, etc., the fruitfulness of their
HINTS AND TRACES
ROY CIMAGALA personal sanctification and apostolate cannot be denied. The lives and missionary fruitfulness of the apostles, like Peter and Paul, can readily attest to this. We can compare their lives with those who can be considered as false teachers in the sense that they can appear to be fruitful also, but in the end, since they were not vitally united with Christ, that fruitfulness was FERTILITY/PAGE 11
5
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
Schools help students transition to online classes
RESORTS, HOTEL & RESTAURANTS DIRECTORIES
A PUBLIC SERVICE BY:
W
HEN the coronavirus disease was declared a global pandemic, Ateneo de Davao University immediately responded by preparing to hold classes online. For several weeks, university officials, professors, and programmers met online to discuss and develop tools that would be needed by both students and teachers so that learning could continue while schools were closed. Teachers prepared instructional content in digital and video format, while student government officials helped in the dissemination of details to their schoolmates. The university’s experience since 2013 of using the digital platform as one of its learning modes also helped students and teachers readily shift to online instruction for their summer classes on April 22, following the implementation of enhanced community quarantine in the region. The students and their teachers met via Google Classroom and Moodle, and used social media, videoconferencing, and chat apps to communicate with each other. At home, their laptops, tablets, and mobile devices were connected to a reliable internet source. “With the Covid-19 pandemic, people have to get used to a different way of
ALGEN’S DIVE RESORT (088) 3872015 APPLE TREE RESORT & HOTEL 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948 BAHAY BAKASYUNAN SA CAMIGUIN (088) 3871057 / 3870131 Fax: 3870278 BASAMANGGAS RESORT 08822-760564 Fax: 760565 CAGAYAN RIVERVIEW INN 8584245 / 729039 Fax: 8584245 Davao Christian High School student Yoshua Ho, who is in Grade 9, attends his classes online using his phone and laptop.
interacting with one another. Through the internet, students have more freedom to think deeply about the learning material and do the tasks needed to accomplish their learning goals,” said AdDU executive vice president Jeremy S. Eliab. Davao Christian High School encountered the same difficulty when it had to stop its classes six weeks before the end of its academic year. Like Ateneo, DCHS had also planned ahead. Teachers were trained on
the use of Google Classroom, and accounts for students were set up. The school had also been using the Dynamic Learning Program, where students answer questions on worksheets based on discussed lessons, helping them continue their classes even with minimal teacher intervention. “Our online classes are far from perfect but I am very much encouraged with the discipline, hard work, and understanding our students and teachers have shown. The parents have also been very helpful in supporting
The AdDU distribution team led by Eliab (bottom row, center) meets online to plan the delivery of Wi-Fi devices to students and faculty members.
Teaching, learning and assessment in electronics By Engr. GIOVANNI A. MANGAYAN Teacher II Molugan National High School
AS in any discipline, students in Electronics start their training from the basic concepts of discipline through an introductory course such as Semiconductor Engineering and Power Electronics. The preliminary discipline introduces simple concepts like semiconductors, electronic devices, amplifiers, filters and digital components. In the major course, students explore power converters including their characteristics, interconnection, basic calculations and design issues. Teachers try to supply the graduates with knowledge about the general concepts of the field and enhance their understanding of the ties between other topics for their future studies.
Teachers often expect learners to find for themselves connections between the concepts they learn in Electronics and the materials they study across other courses in their curriculum. In so doing, teachers rely on the new educational technologies that enable the students to access great amounts of studying volumes. Many supplies give the students additional data including the printed and virtual ones. The printed resources cover tutorial aids, textbooks, lecture notes, lab exercises, quizzes, exams and so forth. In the virtual group, e-books, software, apps, web manuals and databases are represented along with learning portals, social networks and webinars.
the kids’ learning from home,” said Desi Dario Magnaye, junior high school principal of DCHS V. Mapa Campus. To further support learning, AdDU provided their students and teachers with PLDT Home Prepaid Wi-Fi units, which could help them connect online and ensure uninterrupted learning. Ateneo also distributed 155 tablets and digital pencils to its scholars and financially challenged students. With classes being accessed at home, studying has become easier for their children, according to Dr. Francis Ho and Phany Castillo-Ho. Their brood of three is all enrolled at DCHS. Despite the lockdown, the couple remain busy at work, with Dr. Ho specializing in internal medicine and endocrinology and his wife running a hospice, palliative care and nursing home, and a small hotel. The hotel is being rented by a private firm as housing for its employees during the ECQ. While the couple oversee the homeschooling of their children, they appreciate online learning. “Becoming our kids’ teachers and making sure they accomplish schoolwork on time and correctly can be quite a challenge. We have to relearn lessons we took more than 30 years ago. But it’s an opportunity to be more involved in their daily lives,” said Dr. Ho. “The children are frustrated that they’re not allowed to leave the house and don’t have regular interactions with their classmates and teachers, but being able to spend more time together as a family helps,” added Ms Ho. In a statement, AdDU president Fr. Joel E. Tabora SJ said staying at home was an opportunity for genuine academic growth. “In a dialogue with our students, in collaboration with the Commission on Higher Education and the Department of Education, we firmly believe that if we must stay at home to help preserve life, we must use the time at home productively,” Tabora said.
CASA CRYSTALLA 8561704 / 722465 Fax: 722480 CASA ISABELLA (088) 8564065 CASA AZUCENA 8563402 / 09236593973 CHALI BEACH RESORT 732840 / 8552108 Fax: 8555941 CHANANTHON BED & BREAKFAST 8568189 / 3093095 COUNTRY VILLAGE HOTEL 8583004-06 Fax: 8583006 D’BUDGETEL 8564200/726643 Fax: 8564300 DAHILAYAN FOREST PARK 8568562 to 63 DE LUXE HOTEL 8572144 / 724548 Fax: 724563 DISCOVERY HOTEL 727814 / 8563896 Fax: 8563897 DUKA BAY RESORT (088) 3312290 Fax: 725265 DYNASTY COURT HOTEL 8574802 Fax: 857900 GRAND CITY HOTEL 8571900 / 728469 Fax: 723718
PRYCE PLAZA HOTEL 8583131 Fax: 726687 PRAWN HOUSE (088) 3095992 Fax: 8519219 RIDGE VIEW CHALET 8588946 / 8587946 Fax: 8588946 SEDA CENTRIO HOTEL 3238888 / 0917-577-5910 SOUTHWINDS HOTEL 724803 / 8562036 Fax: 8562036 STARGATE DREAM VACATION RESORT 8515003 / 8509999 THE VIP HOTEL 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 TRAVELERS POD 8518988 UPTOWN CONDOTEL 8511800 VILLA PARAISO APARTELLE 3870419 Fax: 3870429 HONORARY MEMBERS: DEPT. OF TOURISM 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: BIGBY’S CAFÉ 72-1071/857-5511/8575836 Fax: 711843 CAFÉ LAGUNA 8582999 Fax: 8567001 DM VILLARUY RESTAURANT 733790 GOLDEN AJIRANG I 856-5271 Fax: 727876 GRAND CAPRICE RESTAURANT 72-6955/856-2302 Fax: 72-4986
HOTEL CONCHITA 8563856 / 727355 Fax: 8563857
KAGAY-ANON RESTAURANT 728958 / 8563688 Fax: 8563843 / 729003
HOTEL KORESCO 8589749-50 Fax: 8589748
LA ILONGGA RESTAURANT 72-6183 / 857-3652 Fax: 72-4605
HOTEL SOGO 8520383 KINGSTON LODGE 8585696 Fax: 8585696
MISSY BON BON 8566852 / 09228606442 Fax: 8566852
MAPAWA NATURES PARK 8584402 Fax: 725265 MALLBERRY SUITES 8541999 / 7249999 Fax: 8544999 MAXANDREA HOTEL 8572244/729943 Fax: 724090 MIAMI INN 8581901 to 02 Fax: 725279/728486 N HOTEL (088) 8801924 PARAS BEACH RESORT 8568563 Fax: 8568563 PHILTOWN HOTEL 726295 / 8564402 Fax: 723104
SLERS HAM & CAFÉ 8551438 THAI ME UP 738424/3108424 Fax: 738424 BARKADAHAN GRILL 8551234 LA TEGOLA CUCINA ITALIANA 8585959 LIMKETKAI LUXE HOTEL 8800000 DEAR MANOK 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com
BusinessWeek MINDANAO CREDIBLE
Editor: GILBERT Y. CHAO
RELIABLE
MOTORING IN-DEPTH
6
Monday|May 18, 2020
Suzuki Introduces New Online Auto Loan Feature
S
UZUKI Philippines Inc. (SPH), the pioneer compact car distributor in the country, brings good news to its avid customers and to those looking into purchasing their own automobile with the new Auto Loan feature found on their official website. With this new addition to one of its many available services, getting a new car is now a few clicks away! SPH just launched a new feature on their website allowing customers to be able to apply for auto loans online. In partnership with banks including Bank of Commerce, Bank of the Philippine Islands,
Chinabank Savings, East West Bank, Maybank, PS Bank, RCBC, Robinsons Bank, UCPB, and Yulon Finance, the Auto Loan Feature directs customers to their preferred bank’s website page dedicated for auto loans. Once accomplished by interested patrons, their bank of choice will be able to review and grant them the loans if eligible as they are in operation. This new online service presented by Suzuki Philippines is an effort to provide ways to serve its customers by being reachable amid the current situation in the country brought upon by the COVID-19 pandemic. The decision to launch
the online Auto Loan service with the help of dependable financial institutions is rooted from the realization that during this time of uncertainty, consumers are longing for a sense of security and reliability, more than just the product itself. SPH believes that their vehicles across different segments may provide this longing by staying committed in championing the Suzuki Way of Life! to the Filipino people and relentlessly finding solutions especially when people are now more than ever, highly concerned about where to tunnel their investments that will prove to be beneficiary to them even after these challenging times.
Kawasaki Joins the Fight Against Covid-19 by Producing Medical Face Shields for Donation Kawasaki Heavy Industries (KHI) has begun manufacturing medical face shields and gowns at our Kobe and Harima factories, and has been donating them to medical facilities since the 20th of April. Up to 500 medical face shields can be made per day using the transparent pattern film used for steel processing, and up to 1,400 medical gowns can be produced per day based on the guidelines by Osaka University Hospital. We have been donating the supplies to Kawasaki Hospital (Kobe City) since 20th April, and plan to supply to other prefectural hospitals as well through the Hyogo Prefecture Hospital
Bureau. KHI would like to express their appreciation for the medical staff who have been devoting themselves on the frontlines. By utilizing their design, production and quality control techniques to efficiently produce medical face shields and gowns for donation to medical institutions, they hope to contribute to the prevention of the spread of COVID-19. KHI also reaches out to those who have lost loved ones to COVID-19. They sincerely hope that those currently suffering from the virus will recover quickly, and that the spread of COVID-19 will end as soon as possible.
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
7
BusinessWeek MINDANAO CREDIBLE
RELIABLE
Editor: GILBERT Y. CHAO
FEATURE
IN-DEPTH
8
Monday|May 18, 2020
75th Cagayan Liberation Anniversary Feature:
Maj. Jose Manuel Corrales Montalvan, 1st Camp Commander of the ‘Kampo’ F By MIKE BAÑOS
EW Kagay-anons today are aware that the first camp commander of the Philippine Army’s biggest military camp in Mindanao was a Lumad (native Kagay-anon). Major Jose Manuel Corrales Montalvan was initially assigned as Cadre Commander of the 2nd Misamis Oriental (Machine Gun) Cadre at Camp Bulua (present day Camp Edilberto Evangelista) in Cagayan, a post he served in from January 1-Dec. 31, 1939. When the camp was renamed Camp Evangelista, then 1st Lt. Montalvan was appointed its Camp Commander and Mobilization Center Officer on January 1, 1940, a post he served up to the outbreak of World War II. Dr. Montalvan, who was also known as Ñor Peping, was born on March 17, 1903 in present day Cagayan de Oro (then known as Cagayan de Misamis, capital town of the Segundo Distrito de Misamis, and later as Misamis, Cagayan under the American regime) to Jose Gabriel Montalvan, a retired Spanish soldier from Belmonte, Cuenca, Spain who was assigned by the Spanish government to the Philippines and Concepcion Corrales y Roa of Cagayan de Misamis. In 1927, he was graduated with honors (3rd highest) from the
Philippine Dental College, Manila with a degree of Doctor in Dental Surgery (DDS). Upon his return to his hometown in 1928, he practiced dentistry and became one of the first teachers of the Ateneo de Cagayan (present day Xavier University) and was its Commandant of the Corps of Cadets. Dr. Montalvan was commissioned a first lieutenant in the U.S. Army Reserve in 1928, was trained and successfully completed the U.S. Army Extension Courses. From 1933 to 1937 he was the instructor for Military Science and Tactics at the Ateneo de Cagayan. However, the lure of a full-time career in the newly formed Philippine Army proved irresistible and he resigned from the U.S. Army Reserve and was commissioned as a First Lieutenant, Infantry Reserve, of the Philippine Army on July 16, 1936. He was called to active duty training at Camp Murphy Training School for Reserve Officers (Infantry), assigned as Company Commander of the training officers company, and graduated No. 5 with a general average of 90.7% in 1938. While assigned as the first camp commander of Camp Evangelista, he graduated from the School of Military Law and Courts-Martial Procedure, Camp Keithley, Lanao in
LORENS ZILLER
Vice President of the Italian Chamber of Commerce in the Philipines
Devastation and Opportunity
1 Lt. Jose Manuel Corrales Montalvan as a member of the U.S. Army Reserve in 1928 (Montalvan Family Archives)
1940. Upon his induction into the U.S. Army Forces – Far East (USAFFE) on September 6, 1941, he was appointed Division Finance Officer and Division Quartermaster of the USAFEE’s 102nd Division.
Officers of Camp Bulua (present day Camp Edilberto Evangelista) at Cagayan de Misamis in 1939. (Montalvan Family Archives)
Later, he was appointed Division Inspector General, 102nd Division, USAFFE, with Headquarters at Tankulan, Manolo Fortich, Bukidnon then promoted to Captain, Infantry, in April, 1942. Following the surrender of the USAFFE forces in Mindanao under Gen. William Sharp to the Japanese Imperial Army on May 10, 1942, Dr. Montalvan was taken as a prisoner-of-war (POW) by the Japanese and detained at the Ateneo de Cagayan campus which had been converted into a POW Camp. “During his captivity he developed polyneuritis, which caused his leg to become shorter, as a result of the hard labor he underwent in prison when he and others would carry sacks of potatoes and coffee under the rain, soaking their only clothing in their bodies,” recalls his daughter Annabel Montalvan Corrales. “One night after such MONTALVAN/PAGE 10
MOST of us in Uptown CdO have been living a peaceful life with your families in this privileged part of Cagayan de Oro and Northern Mindanao. Children are going to nearby schools, shops and amenities at your doorstep, great walks and bicycle rides on the pathways between the various subdivisions, the golf, the comfort of nearby restaurants, the stores of the air-conditioned environment of SM Mall, the many hangout places and bars, the easy access to Lumbia area, the city's busy downtown, the not too far Laguindingan airport and most of all our beloved personal freedom. Freedom to do what you want to do, when you want and where you want, that was taken for granted. Then one day Mr. Corona sweeps in from nowhere and takes over all our lives, our work, our habits, our passions, our personal and financial freedom; all gone in one blow. Mr. Corona is spreading fear and panic among all of us. Nothing is normal anymore. Facemasks, alcohol bathing, hand-washing, home confinement and overall disbelief. Travel banned, shops closed, offices closed, companies shut, work lost. All the others doomed to the devastation that Mr. Corona brought upon us including the helplessness of the world's authorities and the hysteric and psychotic preaching of the doomsday and our demise if we don't follow the harshest guidelines of self-confinement and social distancing. “Stay home! Stay home!”, the incessant slogan with no end to the disaster in sight. Even the World Health
Organization said that they don't know if Mr. Corona will ever go away. Waking up to this nightmare has been a harsh awakening. It has been a very serious problem for so many of us. Out there desperate families with no work, no food and no money trying to borrow from relatives and friends to survive. So many on a sardines and rice diet for months now hoping to get some needed cash at least to cover for the most urgent necessities. The government's SAP program has been like a drop in the sea with too many not being able to receive this support. Too many have broken down psychologically, living with their egos and their pride in ashes, with the broken spirit of who cannot provide for his family and cannot see the light anymore. Entrepreneurs with their overheads, rental payments, loans, salary payments, desperate to gather their last resources to cover these costs. Layoffs as a result with thousands losing their jobs. Shop and Retail owners not receiving their rents or facing forcefully shut doors and therefore no customers and no income. Same in the tourism industry, the hotels, transportation and hospitality services. No tourists, no work, no money, no life. OFWs being sent home. Seafarers also being sent back. Tragedy, tears and hopelessness. “What's next? When can I go back to work? What shall we do? Who will give us a loan? Where do we get our daily food from? Will this ever end?”. These are the questions that most people keep on asking daily and is there an answer?
BusinessWeek MINDANAO CREDIBLE
RELIABLE
www.businessweekmindanao.com
FEATURE
IN-DEPTH
Monday|May 18, 2020
9
Pinoy couple in America survives virus infection using only salt and hot water B ELIEVE IT OR NOT but a Filipino couple in New York, United States, has survived from a coronavirus disease infection by simply inhaling hot water with salt. The couple narrated in an interview with TV Channel 7 last April 18, 2020 that they were infected with the deadly covid-19 virus, but instead of panicking and going to the hospital, they just stayed home and
interview. A chinese expert has assured everyone that inhilation of a steam from hot water mixed with salt could kill covid-19 100 percent. This, even as the virus has entered ear, nose, throat or lungs. "Coronavirus disease, according to the couple, cannot stand against hot water steam." "This is the most effective and economical way to eradicate covid-19. Once an infected person is subjected
did what is needed to be done to survive from the deadly infectious disease which originated in Wuhan, China, a few months back. Instead, the couple reveals, they boiled water and added salt and then they inhaled the steam for a couple of minutes. The steam of the hot water could kill covid-19 virus, according to the couple during an
or treated to this type of traditional medication, the person infected with the deadly coronavirus disease can easily recover. Meanwhile, Joffrey Hapitan also wrote in his social media account that people should continue looking for the cure of this coronavirus disease that has now killed almost 300,000 people all
over the world. He said that the following are suggested measures to help prevent from getting infected by the novel coronavirus: 1. Follow the basic guidelines on wearing of mask, social distancing and frequent washing of hands. 2. Gargle with saline (salt + water) twice daily; one in the morning and
another in the evening. 3. Sunbathing for 15 minutes in the morning. 4. Drink eight glasses of water daily, preferably alkaline water if available. 5. Take vitamin C every day. In case of the slightest feeling of sore throat and sneezing, proceed to observe the following: 1. Steam
therapy or “toub�. Boil water and add salt. Get a blanket and cover your whole body with it. Place the pot with the boiled saline water under the blanket and inhale its steam. 2. Wrap fine slices of onions in a handkerchief. Place it on your chest and let it stay there overnight. "We must fight COVID-19 within the confines of
our homes and refrain from going to the hospital for COVID-19 treatment if the symptoms are not serious. If we can prevent ourselves from catching cold or f lu, we can surely prevent ourselves from being infected by coronavirus. Prevention is the key in totally eradicating this pandemic," Hapitan concluded.
10
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
Shines... from page 4
Community Multipurpose Cooperative of Laguindingan, Misamis Oriental distributed relief goods consisting of rice, grocery items, and meal allowance to members. The Iligan City Government Employees Multipurpose Cooperative of Iligan City, Lanao del Norte distributed 10 kilos of rice to all Trisikad drivers in the city. The PN Roa Canitoan Transport Cooperative of Cagayan de Oro City immediately ensured social distancing among the passengers, and devised a way to observing the protocol. The Xavier University Credit Cooperative of the Xavier University – Ateneo de Cagayan, Cagayan de Oro City donated alcohol, disinfectants, and thermal scanners to the Northern Mindanao Medical Center, the hospital in Cagayan de Oro with the quarantine and ICU facilities for covid patients. As a response to the needs of different communities and sectors brought by the COVID-19 outbreak, AC DI M P C c ondu c te d CSR Activities across the countr y which included donations of the much needed protective gear and food packs to frontliners, as well as grocery items to different c om mu n it i e s . T h rou g h these activities, ACDI aims to alleviate some of the problems currently faced by the country and to provide support to both members and non-members of the Cooperative during these trying times. The branches of the cooperative distributed fresh milk, food packs, grocery items and personal protective equipment (PPEs) which amounted to some P200,000. Most Holy Rosary MPC also responded to the call of the times by purchasing rice and canned goods worth P4,000,000 and distributed the packed goods to 8,000 families in the community. In Nueva Vizcaya, Tam-an Banaue MPC also did their share in this fight against COVID-19 by helping their members, the community and the f rontliners. In c o ord i n at i on w it h t h e provincial government of Nueva Vizcaya, Tam-an BMPC initially distributed 1,500 bags of rice to several LGUs. They also distributed rice and vegetable packs to around 700 members of the coop and to the communities in their area of operation which in total, benefited some 12,580 members and non-members and amounted to at least P1,740,772. These are just of the amazing stories manifesting the truest essence of cooperativism which is service, love and compassion. But the cooperatives are looking beyond the horizon. Together with the Cooperative Development Authority and the Task Group on Food Security, they are advancing the goals and framework on securing food and water. They have also
set their vision to decongest the cities through the Balik Probinsya, Bagong Pagasa, to countervail against the pandemic. Indeed, “the people united will never be defeated!” (to be continued)
Montalvan... from page 8
experience his whole body became numb and his leg started to give him extreme pain. The doctors at that time did not know what it was but was later diagnosed as polyneuritis.” However, he successfully escaped and joined his family in Talakag, Bukidnon. He walked for days to Talakag, away from the road, because the Japanese were looking for him. Again, the rains came and soaked his clothes. When he got to Talakag he had very high fever and the polyneuritis he contracted became worse. He then proceeded to Misamis Occidental to join the guerrillas of Col. Wendell Fertig, commander of the United States Forces in the Philippines (USFIP) in Mindanao, which was made up of escaped prisonersof-war and Filipino and Amer ican s oldiers and civilians who refused to surrender to the Japanese. Between 1942 and 1944, USFIP forces raided Japanese occupation forces in Mindanao and provided valuable intelligence to the Allied forces. For his military service before and during World War II, Dr. Montalvan received the following awards and decorations: Philippine Defense Medal; American Defense Medal; AsiaticPacific Campaign Medal, World War II Victory Medal; Philippine Republic Unit Citation Badge and the U.S. Distinguished Unit Badge. Following his polyneuritis, Dr. Montalvan reverted to inactive status on July 11, 1946 and was promoted to the rank of Major, Infantry Reserve in January 20, 1950. “He suffered so much under the hands of the Japanese and often got slapped for no reason,” Ms. Montalvan said. “Many years later, that Japanese that put him under hard labor came back to Cagayan de Oro to apologize to him and to others he tortured. And my dad readily accepted his apology!” He resumed his duties as a professor of Spanish at the Ateneo in 1949 and took up law at the Cagayan Law School of the Ateneo, graduating with a degree of Bachelor of Laws (LL.B.) in 1953, passed the Bar exams and was admitted to the Bar in June 1954 and established a law practice. He married the former Mercedes Acero Roa of Cagayan de Oro City and with whom he had six children: Marrieta, Daisy, Annabel, Eduardo, Consuelo and Antonio. Dr. Montalvan passed away on September 21, 1978, his patriotism and service to the country and military apparently forgotten by the
Globe calls for vigilance against COVID-19 related online fraud GLOBE Telecom calls on its customers to be extra vigilant to avoid becoming victims of online fraud, fake content, and cybersecurity attacks that capitalize on the current pandemic. The company issued the advice after receiving reports about several COVID-19 related popups, ads, fake surveys, freebie scams, alleged SIM upgrades and other offers promising rewards in exchange for personal information. Aside from online fraud, there are also attempts by scammers to take over mobile numbers or accounts by offering SIM upgrades or help with concerns. Globe said sensitive data such as passwords, one-time PINs and MPINs should not be shared with anyone since legitimate companies will never ask for such information as it may lead to unauthorized access to personal accounts. “There are a lot of unscrupulous persons or syndicates who pose as customer service agents, take advantage of device offers, and even exploit the health crisis to defraud our customers. With the increased complexity of technologies, network elements and IT infrastructure, new types of fraud that are more difficult to detect or combat could also arise. That is why we have continuously communicated to our customers how to do transactions securely and safely online,” said Ernest Cu, Globe President and CEO. Globe’s experience mirrors the situation being faced by other mobile network operators worldwide where fraudsters take advantage of the new generation of Kagayanons. To rectify this situation, Rep. Rufus B. Rodriguez (2nd District, Cagayan de Oro) and Rep. Maximo B. Rodriguez, Jr. (Abante Mindanao- Party List) filed House Bill 4735 with the 15th Congress during its first regular session seeking to rename Camp Edilberto Evangelista to “Camp Jose Montalvan in honor of a Kagay-anon and Mindanaoan war hero who fought against the Japanese to protect the freedom of the Philippines." Camp Edilberto Evangelista in Barangay Patag, Cagayan de Oro City, is the largest military camp in
fear, confusion and uncertainties brought about by the situation to steal data, information and identity through COVID-19 malware and phishing campaigns, SIM swap, and identity theft, among other illegal activities. A quarterly analysis of international online fraud trends released on May 13 by TransUnion, a global information and insights company, showed that telecommunications was the most affected by fraud, with 76% suspected fraud increase after the pandemic was declared. This was primarily due to social distancing measures which changed shopping patterns and allowed fraudsters to target more digital forward industries like telecommunications. Millennials, on the other hand, are the most targeted age group of digital fraud related to COVID-19, with 34%. Thus, to stay safe online, Globe reminds its customers to be alert especially against offers that are often too good to be true and not to provide personal and bank details. In case such information has been shared, passwords should be immediately changed while accounts must be monitored closely for any irregularities. Globe also recommends securing browsers to avoid malicious ads by going to the browser settings and enabling pop-up blockers. It, likewise, underscored the importance of backing up important files through an external drive or in the cloud in case of a cybersecurity attack. To check if an offer is valid, visit www.globe. com.ph/contact-us. Mindanao with an area of 129 hectares. It is the home base to the Philippine Army’s 4th Infantry Division and covers the Northern Mindanao and Caraga regions. The explanatory note to the HB 4735 reads in part: “It is readily apparent that Major Montalvan is a war hero who fought against the Japanese in order to ensure that the Philippines retain its independence. He gave up the best years of his life to fight for our country. It is therefore appropriate that he be honored by renaming Camp Evangelista into Camp Jose Montalvan, in honor of a Kagay-anon who risked his life for our country.”
11
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
MONDAY|MAY 18, 2020
Suffers... from page 1
tourism sector could reach P905,313,492 from domestic tourists, and P61,184,124 from foreign visitors, totaling to P966,497,616. But since the extension of ge n e r a l c om mu n it y quarantine (GCQ) in different cities and provinces in the region, NEDA-10 estimates that from March 15 to May 15, the region will have recorded losses of up to P1,354,811,064 from domestic tourists, and P85,705,045 from foreign tourists, for a total of P1,440,516,109. "This was also based on our previous data, which estimates that local tourists usually spend P2,117 per day, and the foreigners spend PHP5,497 daily," Cariño said. Even after the quarantine is lifted in the region, she said the tourism industry will still have to cope with the losses while adjusting to the "new normal" arrangements. "Based on the national survey, only 24 percent have expressed to travel to go on vacation, while 74 percent are not going. Other than that, hotels and resorts need to reconfigure their accommodation to comply with DOH (Department of Health) protocols, which means all rooms are only for single occupancy. Can you imagine if there is a family of four on vacation?" Cariño said. Cariño said the economy can only fully recover when Covid-19 vaccines are already available. Lanex Bregonos, owner of Zyll's Airlines Booking Office here, said that since the community quarantine was imposed on March 15, his airplane ticket sales are virtually non-existent. "I am currently making ends meet with my savings, I am waiting for the reopening of f lights even just for domestic destinations," he said, saying he has no alternative means of income as of the moment. (PNA)
Production... from page 1
49.8 percent came from aquaculture, 45 percent from municipal fisheries (marine and inland), and 5.2 percent from commercial fisheries. C om m e rc i a l f i s h i ng reported the biggest decline in production at 28.8-percent, from 3,498.54 MT in 2018 to 2,490.76 MT in 2019. The biggest chunk in commercial fishing came from Davao City, comprising 50.8-percent. Davao Oriental followed with 37.0 percent, Davao Occidental with 8.6-percent, and Davao del Sur with 2.6-percent. The PSA said the provinces of Davao del Norte and Davao de Oro have no commercial fishing operations. It added the region’s commercial species with most volume of production in 2019 were yellowfin tuna estimated at 910.57 MT; roundscad, 299.28 MT; big-eye tuna, 268.92 MT; frigate tuna, 224.96 MT.
The municipal fisheries of Davao Region posted 21,704.67 MT, a reduction of 6.1 percent from 23,120.86 MT in 2018. Of this total, 98.1 percent came from marine fisheries and the rest inland fisheries. In terms of municipal fisheries production, Davao Oriental accounted for 42.1-percent; Davao Occidental, 39.3 percent; Davao del Sur, 9.6 percent; Davao del Norte and Davao de Oro shared 3.8-percent a piece; and Davao City, 1.5-percent. Marine municipal fisheries production likewise declined, registering a production of 21,455.32 MT in 2019 or a decrease of 6.2 percent from 22,876.92 MT in 2018. Aquaculture declined by 5.2-percent, registering a production of 24,050.46 MT in 2019 from 25,364.03 MT in 2018. In aquaculture production Davao del Sur showed a substantial contribution with 46.7 percent, followed by Davao Occidental, 25.3 percent, Davao del Norte, 12.3 percent, Davao City, 8.5-percent, and Davao Oriental, 4.8-percent.
Spill... from page 1
spill by retrieving the oil through absorbent pads and cordoning the area with “spill boom,” a floating barrier used to contain an oil spill. As of Friday, the oil spill has already been contained as the PCG is now determining who was responsible for dumping the substance into the sea, he said. “ We h av e c o l l e c t e d samples from the oil spill. As of the moment, we have yet to pinpoint (the culprit) but we are conducting an investigation,” Ybañez said. He said they are now tracing the source of the spill through the samples they have gathered from the sea and from the shipping lines docked at the port. Since Thursday, the PCGNM has collected about 210 liters of concentrated and diluted oil from the spill, he said. At the Macabalan port where a team from the PCG-NM was conducting the clean-up, ships coming mostly from Vietnam can be seen unloading tons of imported rice onto waiting cargo trucks. “There is a ‘footprint’ and we are going to take the ‘footprint’ of what we have collected. From there, we will know where the oil came from,” he said, adding that once they have traced the oil spill to a particular ship, they will then prepare a complaint with the imposition of sanctions and penalties to follow. He also said that it was good that his team was able to contain the spill immediately, as they have also coordinated with the Philippine Ports Authority and other agencies so they can prepare for any eventualities. Commander Jonie B elarmino, head of the
PCG’s MEPU in Northern Mindanao, said the oil spill could have an adverse effect on the marine life such as fish, corals, and mangroves if it was not contained. He also said that the spill has reached a stretch one nautical mile or 1.852 kilometers when it was first reported. “There was a possibility that it could escalate. So far, we have contained it through the use of the spill boom to prevent it from further spreading,” he said. Belarmino appealed to shipping line operators to be mindful of their actions that could impact the environment such as discharging wastes in bodies of water. “S h i p o p e r at o r a n d seafarers are all aware that disposing of oil into the sea is strictly prohibited. It is our responsibility to take care of our oceans,” he said. (PNA)
public health safety measures. That is why it is important for the agricultural sector to ensure a dependable and stable system in ensuring the delivery of farm-to-market goods. “Yung logistics kasi ng pag padala ng food sa ibang area ng Pilipinas ay medyo mahirap. Kung malakas ang logistics at mababa ang price nito, our products can easily be competitive and find their way to other markets like the Visayas and parts of Luzon (The logistics involved for sending food to different areas of the Philippines is a bit difficult. If logistics will become more dependable and affordable, our products can easily be competitive and find their way to other markets like in the Visayas and parts of Luzon),” Tria discussed. (PIA XI/KPLCaro)
Adidas...
from page 2 s e c tors w ho are eit her underemployed, selfemployed, or displaced marginalized workers who are directly affected by the lockdowns. Data provided by DOLE13 to the Philippine News Agency Friday showed that in Agusan del Norte, 561 beneficiaries were paid with a total amount of P1,795,780, while 2,487 beneficiaries received P7,995,640 in Agusan del Sur. A total of 4,117 beneficiaries also received payments in the total amount of P13,244,240 in Surigao del Norte; 1,563 beneficiaries with a total payment of P5.017,720 in Surigao del Sur; and P3,999,420 to 1,244 beneficiaries in the province of Dinagat Islands. DOLE-13 said an additional 159 beneficiaries of the BKBK program received their payments amounting to P511,980. “We are still waiting for the release of additional funding to pay more beneficiaries under the program here in Caraga,” Mantilla said. DOLE-13 data said a total of 3,406 beneficiaries have yet to receive their payments with a total amount of P11,123,700. Mantilla assured the agency is regularly making follow-ups for the release of the remaining amount. (PNA)
from page 1
community quarantine on May 1, as they are classified as moderate-risk locales, according to Mindanao Daily. Majoirty of the physical retail arm of Adidas remains clos e d in t he count r y. However, “our .com is now able to resume operations to fulfill and deliver your ord e r s ,” t h e s t at e m e nt continued. The company also announced that their online store is now running with a “skeletal team”. However, this team is working within regulated hours and under proper health guidelines. Earlier, in March 18, the brand had announced that deliveries and fulfillment of their online store would be indefinitely suspended until clearance for normal operations would be given. This month, it was able to hold a successful online drop of the Yeezy Boost 380 Mist. Tomorrow, May 9, 11 a.m., the Yeezy 700 V3 will go on sale. “We appreciate your patience with us during these times and we thank you for continuing to look out for each other, our families, and the teams around us,” finished Adidas' statement.
Food... from page 2
advantage of the island…,” Tria said. It is because of this that the DCCCII discussed the capabilities of Mindanao in food production as an indicator of how agriculture is going to play a vital role in re-building the losses brought about by the COVID-19 pandemic. “… t h e f a c t t h e w e (Mindanao) can produce food - and we actually have the capacity to produce surpluses – will be our advantage and I think that is where a lot of businesses will have to examine…”, Tria added. The current trend of food production is currently low due to complications in logistics or movement brought about by the imposed
Program...
Ayala... from page 3
of P1.96 billion from a net loss of P2 million last year. This was driven by the P1.3-billion pre-operating revenues from its Mindanaobased subsidiary GN Power Kauswagan Ltd. Co., on top of the recovery of costs it incurred from adjustments in the construction and operations of its power plants. Water unit Manila Water Co., Inc. posted a 4% net income growth to P1.3 billion due to non-recurring events of paying a regulatory penalty and waiving water bills last year. Its revenues rose 9% partly due to higher billed volumes. Industrial segment led
by AC Industrials saw a net loss of P564 million on the back of a global slowdown. Integrated Micro-Electronics, Inc. booked a net loss of P235 million, largely due to the lockdown of its facilities in China in February. AC Motors posted a net loss of P204 million, mostly due to the closure of its Honda Car Philippines facility in Laguna. “While the outlook for the business environment has fundamentally changed as a result of this crisis, we take comfort in the fact that we have always maintained a strong balance sheet that provides us with flexibility as we navigate the uncertainties,” Ayala President and Chief Operating Officer Fernando Zobel de Ayala said in a statement. “[W]e have put in place a health protocol to ensure the re-entry of our workforce in a safe and productive way… We believe this is a critical step as our businesses readjust to this new environment,” Ayala Chairman and Chief Executive Officer Jaime Augusto Zobel de Ayala added.
Flights... from page 3
passengers booked on a cancelled flight remains valid, the flag carrier clarified. Starting June 1, 2020 onwards, PAL plans to operate reduced number of weekly flights on most domestic routes and on selected international routes. However, this will still d e p e n d on C OV I D - 1 9 conditions, such as community quarantine restrictions, travel bans imposed by various governments and their impact on passenger demand and the public health and safety situation in each of the countries that PAL serves. The airline will announce the list of operating flights and routes for June 2020, once the details are finalized. PAL will continue to operate occasional special flights to repatriate stranded passengers and to transport urgent cargo such as medical equipment and supplies to help sustain critical supply chains across the Philippines and on selected international routes.
Fear... from page 4
For the rest of his life, Al lived with fear. But instead of running away from it, he seemed to keep running toward it. He even used his fear creatively to thrill millions of people as they watched the scary movies of . . . Alfred Hitchcock. Maybe you had painful things done to you when you were a child or teenager that gave you fears which you still live with today. If you ask Jesus to become Lord of your heart and life today, He can start healing your past hurts and memories and fill you with His power to conquer your fears. Only Jesus can free you to live with total confidence and security in who He made
you to be—after you totally surrender your life to Him. From that moment on, you belong to Him. Just think a minute .
Winner... from page 4
the Philippine Islands’ (BPI) online banking had more online users in just one month than all the online users it had for the full year last year. That has been a massive takeup in the demand for these online services at this point in time. You see a tremendous amount of users entering the BPI network.” On a personal note, since the middle of March, I have not had to physically go to BPI to attend board and committee meetings, (even our Annual Stockholders Meeting), thanks to Zoom and WebEx. Meetings are only a few steps away from our bed room and I can attend meetings, wearing only shorts and slippers. Just before I submitted this article, I was able to attend a Webinar hosted by Smith L. Chua, BPI Asset Management and Trust Corporation (BPI AMTC) Chief Investment Officer. He provided the latest market updates and expert investment insights on how to protect one’s financial assets as we navigate the “new normal”. Even the problem of my kasambahays - who needed to send money to their relatives in the provinces - turned out to be no problem at all. BPI EVP Mon Jocson showed me how. I downloaded “BPI to Cash” – which is linked to “Palawan Express Padala” and presto (!) my kasambahay was able to send money to her son in Ormoc. As a back-up, I also downloaded GCash. Much to my delight, I found out that I can also open a savings account through GCash’s partner bank, CIMB, which pays 4 ½ percent per annum! Note: You may wish to share the foregoing article via Facebook, Twitter or Linked-In.
Fertility... from page 4
actually a mirage. A certain Pharisee, Gamaliel, cited the cases of two false teachers, Theudas and Judas the Galilean, who had a big following, but when they were killed, these followers were dispersed, and everything they did came to nothing. He gave this piece of advice to those who were persecuting the apostles: “Leave these men alone! Let them go, for if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men. You will only find yourselves fighting against God.” And up to now, the fruitfulness of the work of these apostles continues despite tremendous difficulties. We truly need to be vitally united to Christ, like branches to the vine, to be fertile and fruitful!
BusinessWeek MINDANAO CREDIBLE
BILLBOARD
RELIABLE
www.businessweekmindanao.com
IN-DEPTH
12
Monday|May 18, 2020
INDOOR SUMMER FUN AT TOY KINGDOM W
ITH more kids staying home this summer, it’s the perfect opportunity to take a break, rest and spend some quality time with the whole family. Stay at home and let Toy Kingdom bring the fun into your doorstep with their
wide variety of amazing toy finds now available for purchase at Lazada. Little chefs will love the Kid’s Dough Cooking Set, Ice Cream Set and Motion Air Sand Deluxe Cookie Maker. Ryan’s World Treasure Chest, on the other hand, will surely thrill the
little pirates. Keep your kids’ minds creative and inspired with games from Cogo in city and farm themes. Board games like Uno, Monopoly, and Pictionary Air are great for family bonding and fun; while table games like Air Spring’s pinball shoot and
Classic board games like Monopoly and Pictionary air will bring hours of fun to the family.
air soccer will keep kids active and sporty. Tech-savyy kids, on the other hand, can also enjoy an ultimate home entertainment experience with Toy Kingdom’s PS4 mega pack and various home video games.
Experience an enjoyable summer fun at home with these toys from Toy Kingdom. Check out these amazing finds and more available at https:// www.lazada.com. ph/ and wait for your items to be delivered right into
Farming is more fun with Cogo’s farm themed playset from Toy Kingdom.
your doorsteps. Also, don’t forget to stay home to help in the fight against COVID-19. For more updates visit www. toykingdom. ph and follow ToyKingdomPH at Facebook and Instagram.
Aspiring little chefs will surely love this Kid’s Dough Cooking playset from Toy Kingdom. Available at Lazada.