BusinessWeek Mindanao (May 29, 2017) by Mindanao Daily News

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 155

Market Indicators As of 5:45 pm May 26, 2017 (friday)

FOREX

PHISIX

US$1 = P49.839

7,867.49

X Briefly

3.6

4.16

cents

points

Undeterred economy THE economy has ample buffers to withstand adverse effects of the current unrest in Mindanao as traders favored the Philippines, the Department of Finance (DOF) said on Friday. Finance Secretary Carlos Dominguez III said that the country’s solid macroeconomic fundamentals buoyed the local bourse and the peso despite President Duterte’s declaration of Martial Law in Mindanao. National Treasurer Rosalia De Leon said the Philippines’ ample buffer positioned the country to weather changes in global environment, noting the nation’s external debt-togross domestic product at 24.5 percent is one of the lowest in the region.

‘DuterteNomics’ T H E D u t e r t e administration’s economic and development blueprint for the Philippines is on the right track, particularly its massive infrastructure program, according to an economist. “The mantra is build, build and build… We need a lot more to be able to be more competitive,” said former National Economic and Development Authority (NEDA) Director-General Dr. Cielito Habito. Habito hoped that the government will succeed in delivering such massive ‘DuterteNomics’ infrastructure program, which he considered among the imperatives for sustained growth. The government planned to spend PHP8.64 trillion to fund the “golden age of infrastructure” over the next six years.

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HE Bankers Association of the Philippines (BAP) on Friday allayed fears on possible banking services disruption in Mindanao following the declaration of martial law on Tuesday. “BAP member banks with branches in the region shall continue with normal banking operations,” the group said in a statement. “We are committed to bring regular banking services even in the areas of conflict to serve clients and the general public,” it said as it urged bank clients “to call or visit your respective branches for assistance.” normal/PAGE 11

DTI identifies areas under price control ‘BAKWITS’. A Maranao girl asks for four packs of meals for her family after evacuees from neighboring Marawi City temporarily seeking refuge in Iligan City patiently wait for President Rodrigo Duterte to arrive Friday, even if it means skipping meals. But the President, after visiting government troops and the wake of slain soldiers, opted to skip meeting the evacuees, who are housed in Sitio Fuentes, seven kilometers away from downtown Iligan. They finally got their relief goods and meals past 5 p.m. mindanews photo by aubrey rocin llamas

Mindanao bishops say martial law imposition must be temporary COTABATO City — Catholic bishops in Mindanao have expressed no opposition to the martial law declared by President Rodrigo Duterte but urged the public to be vigilant. In a statement issued Friday by His Eminence Orlando Cardinal Quevedo, OMI, DD, archbishop of Cotabato “with the approval of bishops of Mindanao”, the bishops emphasized that “martial law must be temporary”. “We have many fears. But at present, we simply do not have solid and sufficient facts to absolutely reject the declaration of martial law as morally reprehensible. But we are certainly agreed that martial law must be temporary,” Quevedo said. bishops/PAGE 11

CRAMPED SHELTER. Muslim and Christian civilians have to endure cramped living conditions at an evacuation center in Barangay Maria Cristina, Iligan City. The evacuees fled Marawi following the firefight between the Maute Group and government troops since May 27. 2017. photo by gerry lee gorit

THE Department of Trade and Industry (DTI) is informing all consumers and retailers that prices of basic necessities in an area proclaimed or declared under martial law shall be automatically frozen at their prevailing prices or placed under automatic price control. DTI said the price control is pursuant to Section 6 of the Republic Act 7581 or the Price Act, which provide protection to consumers by stabilizing the prices of basic necessities and prime commodities including measures against undue price increases “during emergency situations and like occasions.” The regions in Mindanao where the automatic price control shall be implemented are the following: • Region IX – Zamboanga Peninsula • Region X – Northern Mindanao price/PAGE 11

Street vendors cry foul over new policy By MARK FRANCISCO, Staff Writer

AMBULANT vendors around Cogon public market in Cagayan de Oro City are protesting a new Roads and Traffic Administration (RTA) policy that cuts short their time to display their merchandise in the area. Representing a group of sidewalk vendors, Ben Teleron, said the RTA has imposed a 8 p.m. start of their vending time along the city’s biggest public market. The group said the designated time is vendors/PAGE 11

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PROTESTING VENDORS. Ambulant vendors want RTA to revert back to the old policy of 4pm-5am where they can sell their merchandise outside Cogon Market, Cagayan de Oro’s biggest public market. photo by mark francisco

Economy

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ARMM’s vaccination rate exceeds 80% target

ARAWI City -Ab out 300,000 women of reproductive age – 15 to 49 years – in the Autonomous Region in Muslim Mindanao (ARMM) availed themselves of free booster dose of tetanus and diphtheria vaccine, as of May this year. “The central office’s target is at least 80 percent, but we in the region vaccinated 8 8 p e r c e nt w o m e n o f reproductive age,” the region’s Department of Health (DOHARMM) Secretary Kadil Sinolinding Jr. said. The vaccinations started in January last year in the provinces of Sulu and Basilan, as well as in the city of Marawi in Lanao del Sur and its surrounding municipalities Kapai, Ditsaan-Ramain,

Marantao and Saguiaran. “We want to continue to eliminate maternal and neonatal tetanus (MNT) in the entire region,” Dr. Sinolinding said. The data were officially released on Tuesday, May 23, as the Health department launched its locally produced advocacy videos on MNT. “We make sure that all women of reproductive age can avail of free vaccination,” Dayang Carlsum SangkulaJu mai d e, D OH - A R M M assistant secretary, said as she emphasized that they can avail of the vaccine for free. “Please report to our office if the health providers sell the vaccine,” Asec. Jumaide added. The 2015 assessment by

the DOH in collaboration with the World Health Organization and the United Nations Children’s Fund showed that the country’s MNT high-risk areas are in the ARMM. To reach these highrisk areas, DOH-ARMM implemented supplementary immunization activities to cover reproductive age women with three rounds of vaccination against tetanus. Through these vaccinations, women, when they give birth, and their newborns will be safer from MNT. As part of the Health d e p ar t m e nt’s e f for t i n eliminating MNT, it launched locally produced advocacy videos that carry the message of four Ps of immunization namely Proteksyon,

Pagmamahal sa Sarili at kay Beybi, Pagpapahalaga sa Kalusugan, and Pagtitipid. “We hope that through the advocacy videos, at least we can influence women to take the initiative to go to the health centers, or approach a

skilled health care provider for an actual vaccination,” Dr. Sinolinding said. “We hope that by viewing the videos, the women will realize the importance and benefits of immunization and will voluntarily submit

themselves to vaccination as well as become self-reliant in seeking basic health services, including immunization,” said Erlyn Rodrigo Hampac, immunization program coordinator. (BPI-ARMM/ PIA-10)

Martial law declaration will boost economy of Region 9 — RDC exec ZAMBOANGA City -- The R eg iona l D e velopment Council-9 (RDC-9) said that the declaration of martial law in Mindanao “has no effect in the economy of the region.” Pedro Rufo Soliven, RDC-9 chairperson, said Friday “it will even further boost the region’s economy, as the martial law declaration will bring peace and security to Mindanao.” “That’s (peace and security) what the investors, especially

foreign investors, wanted,” Soliven said, citing “the business community has always clamored for law and order.” Soliven added that the business community wanted a stable peace and order to thrive in Mindanao and “a government in full control” of the situation. He disclosed the unstable peace and security “had always been the weakness of the

region” in attracting investors. “I think President (Rodrigo) Duterte needs that extra emergency power to put everything in place, particularly law and order,” he said. President Rodrigo Duterte has placed Mindanao under martial law for 60 days after Maute group members on Tuesday attacked Marawi City, displacing thousands of people. (TPGJR/RGAAG/PNA)

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Rafael Abrogar II (left) is sworn is as the new regional director of Technical Education Skills and Development Authority (Tesda) in Region 4-A by the agency’s directorgeneral Guiling Mamondiong. photo supplied

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Motoring

Ford offers special deals to budget-conscious customers

ot deals await interested buyers of Ford vehicles as Ford Philippines unveils its exclusive offers for customers in the form of all-in low downpayment, low monthly payments or cash discounts for its various vehicles. Ford’s compact cars are available on special deals, including the 1.5L Fiesta Trend MT available on a Php 88,000 low all-in down payment or Php 7,888 monthly payment fee or Php 50,000 cash

Hino helps propel infrastructure growth in the golden age of construction The next six years will see a surge in construction as the government focuses on crosscountry infrastructure projects such as bridges, airports and farm-tomarket roads. More real estate developers are likewise expected to ramp up construction projects as the Duterte administration pushes for a modified land reform program that imposes higher tax on idle lands.

As a partner in the golden age of construction, Hino Motors Philippines (HMP), the exclusive distributor of Hino trucks and buses in the Philippines, recently launched a new addition to its 700-truck series, the FS2P mixer truck, during the Infrastructure Congress and Expo Philippines (ICEP) held at the World Trade hino/PAGE 11

discount. On the other hand, the 1.5L Focus Sport AT is offered with a low Php 98,000 all-in down payment or Php 10,888 monthly payment fee or Php 70,000 cash discount. The EcoSport continues to shine as the country’s best-selling compact SUV perfect for urban adventures with its agility, affordability, and fuel efficiency. Get the 1.5L EcoSport Ambiente MT on a Php 88,000 all-in down payment or Php 7,888 monthly payment fee or Php 10,000 cash discount. The Everest, Ford’s midsize SUV with a striking design, impressive capability, and advanced connectivity, is available for as low as Php 98,000 all-in down payment or Php 19,888 monthly payment fee or Php 90,000 cash discount for the 3.2L Everest Titanium 4x4 AT. The segmentdefining Ranger, known as the most versatile and capable pickup truck in the market, is available for as low as Php 88,000 all-in down payment or Php 12,888 monthly payment fee or Php 40,000 cash discount

for the 2.2L Ranger XLT 4x2 AT. The 2.2L Ranger FX4 4x2 MT is available for as low as Php 88,000 all-in down payment or Php 13,888 monthly payment fee or Php 40,000 cash discount. On the other hand, for as low as Php 128,000 all-in down payment or Php 17,888 monthly payment fee, the 3.2L Ranger Wildtrak 4x4 AT Ranger can be yours. “We are excited to offer these amazing deals to our customers that make it easier for them to own a Ford vehicle, so we invite them to visit a Ford dealership today to experience how Ford makes them go further,” said Rodel Gallega, vice president, Marketing and Sales, Ford Philippines. The exclusive offers are available until May 31, 2017. All-in packages include free 3-year LTO registration, 1-year comprehensive insurance and chattel mortgage fees. Financing deals via East West Bank as Ford Philippines’ retail financing bank partner are subject to credit approval.

Opinion

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The Sweat of Success Think a minute…Former Prime Minister of England, Winston Churchill, became so famous for his speeches that he’s been called the greatest speaker of the century. He was also famous for his quick wit. Yet amazingly, he was not a naturally talented speaker. In fact, earlier in Churchill’s life he had such a bad speech problem that people made fun of the way he talked. Do you know how Churchill changed to become the greatest speaker of the 20th century? He studied and wrote his speeches word-for-word on paper, and then he practiced them countless hours in front of a mirror. He worked at saying each word just the right way with just the right facial expressions. He also practiced pausing and pretending to struggle to find the right word, even though he knew exactly what he was going to say! So although Winston Churchill was not a naturally good speaker, he disciplined himself and worked hard to become a great one! You and I can never succeed in life without discipline and hard work. It takes sweat to succeed in our job and career, in school, in sports, in our marriage and family. Even if you’re born into a rich family, or with an intelligent mind and

THINK

A Minute

Jhan Tiafau Hurst strong body, you still have to work hard to reach your full potential and truly succeed. Most importantly, it takes work and discipline to develop the character we were born to have and enjoy. We must discipline and change our wrong attitudes, thinking, and way of living everyday. It’s not natural or easy for us to quickly forgive someone who hurts us or our family. It’s not natural or easy to always be honest no matter how much we can get away with or how much it costs us. But you can start by asking Jesus Christ to forgive you for living your own way; and then ask Him to take full charge of your heart and character. It’s only with Jesus’ character and power in you that you can start changing to become the best person you can be. Just Think a Minute...

Born in 1953, I started my life at a period when more babies have been entering the German population than never before. World War II, more or less the end of the world - as my late grandmother mostly describes that time - has ended eight years ago. It was not the end of everything. The world economic crises changed into another economical world wonder. During the Sixties, we looked upon the youth culture of Woodstock as a symbol - of the power of music, the pursuit of self expression, the values of peace, love and community, and the rejection of “the establishment” - even in the

midst of torrential rain and an aftermath of foot-deep mud. I enjoyed our flower power peace generation with long hair. Yes, I confess, many times, I was really very cynical about my parent’s values. I really rejected anything that suggested tradition. By the way, that’s one thing, which can be observed also in the Philippines since a couple of years. I observed such changes since my first visit in the Philippines in 1976. Nowadays, I feel happy, if my nieces and nephews start listening again my ideas and ask my advise. The slogan “Never trust someone above 30” had

to be abandoned since I crossed that divide myself. Now, hopefully at the second half of my present life, “30” looks impossible young. And let’s be honest to ourselves: Aren’t we facing the same realities our parents did: Raising families, needs to pay for school et cetera et cetera? We have held fiercely to freethinking and the not traditional ways our parents - shaped by the “Depression”, World War II and much more - never got the luxury to feel. Those of us who have made good money, hold fewer illusions that a big house and a Mercedes (or any other brand!) in the garage are likely to bring happiness.

H ave M y Say

Klaus Doring

But guys, what seems most precious to us nowadays is not career or success, but time and the freedom to do the things we love to do that hold meaning. Earnings through a job we don’t like might be painful; but isn’t it doring/PAGE 11

Duterte’s war against terror President Rody Duterte momentarily shifted his focus last week from the war on drugs to another front. This time, he had Islamist militants in his sight. Duterte’s target consisted of combined elements of Maute Group, a relatively small band which claims association with ISIS, and the Abu Sayaf Group reportedly led by Isnilon Hapilon. Hapilon, who was reported to have been severely injured in his native Basilan in January, surprised the military when he resurfaced in Marawi City. Hapilon was reported to be on a mission to link up with Maute and other militants in Central Mindanao. What started initially as pursuit operations against Hapilon developed into full blown running gunbattles in an area covering 11

barangays in Marawi city. As these developed, the hostiles occupied buildings (including a hospital and a school), houses and bridges, taking civilians as hostages, and hoisting IS style black flags. The fighting triggered a massive exodus of Marawi residents to Iligan City with many, unable to find transport, escaping on foot. As of this writing, casualties mounted on both sides. Duterte was in Russia, on a state visit, when the crisis began to develop. He responded by cutting short his visit and issuing from Moscow on May 23, Proclamation No. 215, declaring martial law in the whole of Mindanao and suspending the privilege of the writ of habeas corpus. He also named AFP Chief of Staff Eduardo Año as

martial law administrator. Año was originally scheduled for early retirement (to take on the post of DILG secretary) but Duterte extended his military service for another six months. Duterte’s move caught many by surprise. After all, initial pronouncements from military spokesmen described the situation as “contained” , “under control” with several areas “cleared of Maute presence”. Analysts also earlier described Maute as “a small group” and “a manageable threat”. But to Duterte the actions of the militants constituted rebellion, one of the grounds for declaring martial law. And he was not taking any chances. Critics of the President, including a group of Muslim lawyers, claim there is not

SPEAKING

O ut

Ignacio Bunye enough factual basis for the declaration of martial law. Furthermore, declaration of martial law is supposed to be a last resort. Let them go to court, countered Justice Secretary Vitaliano Aguirre. The President’s allies further allayed fears of possible abuses similar to what occurred during the bunye/PAGE 11

Martial law critics only want to vilify Duterte LIFE’S INSPIRATIONS: “… Your rulers are rebels, partners with thieves; they all love bribes and chase after gifts…” (Isaiah 1:23, the Holy Bible). -ooo CRITICS OF DUTERTE MARTIAL LAW ARE REBELS, TOO: We truly have become a nation of rebels. I mean, look at how many people, particularly the critics and political foes of President, had been reacting to his declaration of martial law in Mindanao. They say martial law is going to be abused, and will result in the desecration of the rule of law. Truly, this behavior is itself rebellion. Many are even voicing out their concern that Duterte’s martial law will be the same as the martial law imposed by President Marcos in the 1970s, with the insinuation being that Duterte is going to use his own version of martial law to perpetuate himself in power under a system of one-man rule. This is very pathetic. It is a rabidly and highly partisan, even if grossly unfounded, accusation, unmindful of the situation in Marawi City, where a priest and his followers had

been held hostage and in danger of being killed, a young police official had been shot dead by terrorists together with 10 or so other innocent civilians, where government installations including a hospital have been burned, and prisoners had been set free, among others. -ooo CRITICS OF MARTIAL LAW ONLY WANT TO VILIFY DUTERTE: What is more revolting and nauseating here is that, Duterte’s critics and political opponents who are assailing his proclamation of martial law are not even there in Marawi City, where the mayhem is on-going, nor in any other place in Mindanao. How could they dare to criticize the President who, because he is the highest official of the land, has access to ground information? Clearly, the only thing that matters to these critics is the vilification of Duterte. Their only desire is to derail his actions and reactions, with the end in view of ultimately bringing him and his government down. Their ultimate objective does not pertain one whit to upholding the safety, well being, and the interest of our countrymen.

All they ever want to happen and are concerned about is to wrest power from him so they could take his place. Truly, these people deserve our collective condemnation and denunciation. If what they have been doing now have been done by them during the time of Chinese leader Mao Tse Tung, they have would been lined up against a wall already, and mowed down mercilessly. -ooo PENALTYFORFIGHTING LEADERS: Undeniably, this is rebellion of the highest order. Too, it constitutes a grossly antiBiblical behavior. Those who belong to any and all spiritual groups are mandated to subject themselves to the authorities, for the teaching is that there is no authority anywhere in the world that God did not establish. The authorities that exist were established by God. Whoever would be fighting these authorities would be fighting God Himself, and would therefore bring judgment and punishment upon themselves and their succeeding family generations. Indeed, we are told: “Fear the Lord and the king, and do not

K akampi

Mo A ng Batas

Atty. Batas Mauricio join with rebellious officials…” for sudden destruction will come on those who do not fear God and the authorities, and on those who join cause with rebels. Not fearing God and the authorities, and joining cause with rebels, are what Duterte’s critics and opponents are doing now! -ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: Please watch “Ang Tanging Daan”, a Bible exposition and prayer session for everyone, in English and Filipino, at www. facebook.com/angtangingdaan. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

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CEB to suspend operations in Kuwait, Doha and Riyadh Cebu Pacific Air (PSE: CEB) will suspend its service to and from the following destinations: · Riyadh, Saudi Arabia · Kuwait · Doha, Qatar CEB will fly the last of its four-times-a-

week service from Manila to Kuwait on June 13, 2017, and its Kuwait-Manila flight on June 14, 2017. The thrice-weekly Manila-Doha-Manila route will have its last flight on July 1, 2017; while CEB’s last flight from Manila to

IDC: Opportunities in Powering Eco-Sustainable Buildings

“There is a fast proliferation of the need for energy supply. As time goes by, this will go beyond. We have to act towards going green by maximizing resources to benefit economy and the environment,” says Architect Nati at the recently conducted Power and Electricity World Philippines 2017 on May 25. The prestigious two-day event invited Architect Romolo Nati, an advocate of green buildings and head of PSE-listed Italpinas Development Corp. (IDC), along with other international and national leaders. As he discussed on investing ecosustainable buildings, Architect Nati highlighted the advantages of going green especially when it comes to energy consumption. “Economically stating, green buildings’ features have big difference from of conventional developments. Conventional buildings require enormous amount of power to sustain its maintenance, which

can dramatically increase degradation to the environment. On the other hand, green buildings can offer big benefits financially and environmentally. These are built-in with passive green strategies that can lead up to 20% energy savings of the buildings’ consumption,” he explains. Architect Nati’s company, due to its commitment to green advocacies, was given the EDGE award, a global green certification given by the IFCWorld Bank, for its flagship project Primavera Residences. In 2016, it was given the leadership award in green buildings by the Philippine Green Building Council. Right now, as they are initially expanding in Luzon, Italpinas is to launch its breakthrough development, Miramonti in Santo Tomas, Batangas. Like IDC’s other projects, Miramonti will integrate energy efficiencies in its development, going forward in moving its core commitment.

Riyadh, Saudi Arabia will depart on July 2, 2017, while the Riyadh-Manila flight will leave on July 3, 2017. “The entry of Cebu Pacific into these markets benefitted passengers with lower fares and more choices. Of late, other carriers have aggressively added more flights, which has resulted in substantial oversupply of seats and fares that are so low, hence making the routes unsustainable,” said Atty JR Mantaring, Vice President for

Corporate Affairs of Cebu Pacific. “We have to continuously review our routes to ensure their viability. At this point, it makes more sense for us to redeploy the aircraft used for our Riyadh, Doha and Kuwait service to routes where we can further stimulate demand and sustain our low fare offers.” CEB will retain its other long-haul services to and from Dubai, United Arab Emirates; and Sydney, Australia, with a view to increasing frequencies to

these destinations in the future. The airline also flies to 24 other international destinations across Asia and USA; as well as 37 domestic destinations. Passengers affected by the suspension of CEB service in Doha, Riyadh and Kuwait are being contacted. Options are being provided to minimize the disruption, which include rebooking passengers on flights with other airlines or on earlier travel dates with CEB; a full refund; or placing the full value of the ticket

in a travel fund for future use. From January to March 2017, Cebu Pacific carried 4.8 million passengers, of which 1.3 million flew international destinations. Total revenues for the first quarter of 2017 were up 4.7% to PHP16.9 Billion. However, this was outpaced by the growth in expenses, driven by a weaker Peso versus the US Dollar and rising fuel prices. CEB net income for the first three month of 2017 was down 68% versus the same period in 2016.

DENR begins retrieval of felled trees from Palawan mine site

All entry and exit points within the 2,835-hectare Mineral Production Sharing Agreement (MPSA) area of Ipilan Nickel Corp. (INC) in Palawan province have been placed under close monitoring. This as the Department of Environment and Natural Resources (DENR) started retrieving thousands of mix of old-growth and secondary trees indiscriminately felled by the mining firm. DENR-Mimaropa Regional Director Natividad Bernardino said a total of 34 forestry officers and workers, 18 from the DENR regional office and 16 from Palawan provincial government, have been deployed to the INC’s mining area in Brooke’s Point town to do an inventory and retrieve the felled trees, which are considered government property. Bernardino said her office has been coordinating with concerned local government executives, particularly Palawan Governor Jose Alvarez and Brooke’s Point Mayor Mary Jean Feliciano, in transferring the felled trees to a secured location which both the DENR and the local government unit have identified to prevent them from getting poached. She said they plan to c ompl e te t he re t r i e v a l operations within one and a half months. “Transferring these trees to a secured place would become doubly difficult once the rainy season kicks in,” Bernardino pointed out. Based on initial reports, the INC cut down some 7,000 trees within 30 hectares of land within the MPSA programmed for mining operations for years 1 and 2, and for development of road network covering an area of 52.15 hectares. Majority of the felled trees are reportedly premium nat ive sp e cies such as malabayabas, apitongbaboy, nato and agoho. According to Conrado Corpuz, DENR-Community

Environment and Natural Resources Officer (CENRO) for Brooke’s Point, the retrieval operation will need boom trucks and off-road, 10-wheeler trucks that have four-wheel drive capacities that can negotiate through the area which is inaccessible to ordinary vehicles. “We are now coordinating with DENR central office and our LGU counterparts to have these needed assets in our operations,” Corpuz said. According to him, most of the felled trees are slumped over a meter-wide gulleys or pits, each measuring over 25-meter deep and about 25-meter apart and that the pits are from the firm’s exploration activities. Although the INC had earlier secured a one-year tree-cutting permit expiring on May 26, the same was deemed no longer effective since December 14, 2016 when the DENR, under then-Secretary Gina Lopez, cancelled the company’s environmental compliance certificate (ECC) due to its failure to start its project within the required five-year period from issuance of the permit. Aside from the scaling of the trees, Corpuz said they would also conduct a perimeter survey of the affected area to determine the actual extent of the cutting activity. With the cancellation of its ECC, the DENR said that all related mining activities of the INC, including the tree cutting permit, “are likewise deemed cancelled.” Likewise, it is stipulated in the tree cutting permit granted to INC that all timber and other derivable wood materials recovered from the trees cut belong to the DENR. Last week, no less than Environment Secretary Roy Cimatu personally visited the INC mining area and held a dialogue with local residents, who raised a howl against the company’s activities in the area. (DENR-PR)

Various policymakers and stakeholders have gathered together for the first-ever National Bio diversity Congress to promote the importance of protecting and managing the country’s rich biological diversity and ecosystems. Organized by the Biodiversity Management Bureau (BMB) of the Department of Environment and Natu r a l R es ources (DENR), t he t hre e-day event kicked off on May 22 and will go on until May 24 at the Crowne Plaza Hotel in Ortigas Center. The kick off for the event coincided with the celebration of

the International Day for Biological Diversity. With the theme, “Upwel ling of L ess ons, Sust aining C ommunit y Benefits in the Conservation of Landscapes and Seascapes,” the biodiversity congress marked the first time that key stakeholders - - - n at i on a l a n d l o c a l governments, civil society, academe and the private sector -- gathered to share mo dels and less ons on biodiversity conservation initiatives in both large territories and small communities. The keynote address was given by Senate Committee

Environment

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monday|may 29, 2017

More thunderstorms ahead, PAGASA warns M

By Catherine J. Teves

ore thunderstorms are likely in the coming days, thus people must be alert and prepare accordingly as rain is not the only hazard associated with thunderstorms, the state weather bureau, PAGASA, warned Thursday. “ T h e o t h e r h a z a rd s include lightning, tornadoes and hail,” weather forecaster Rene Paciente said, noting that convective activity increases the frequency of thunderstorms. “Daily thunderstorms are possible,” he said. With the onset of the s out hwe st mons o on or ‘habagat’ this week, PAGASA expects the dominance of isolated thunderstorms and light to moderate rains until the end of the month. Paciente said such occurrences are likely during

e it he r e arly mor n i ng s , afternoons or evenings. A thunderstorm episode, he said, may last an hour or less but can bring heavy to torrential rains in areas directly below this weather system, possibly triggering flash floods and landslides. Paciente further noted that light to moderate rains are also likely until this month’s end since ‘habagat’ just commenced and is still weak. Tropical cyclones (TCs) however can enhance the ‘habagat’, he pointed out. The bureau earlier forecast one to two TCs within the Philippine Area of Responsibility this June and two to three more in July, and two to four in August and September. According to experts, ever y thunderstorm produces lightning,

which can be deadly and destructive. To help avoid b eing struck by lightning during thunderstorms, Paciente said people must avoid natural lightning rods, such as a tall, isolated tree in an open area. Other experts likewise advised people to avoid hilltops, open fields, the beach or a boat on water and to instead take shelter in a sturdy building while av o i d i n g c o nt a c t w i t h anything metal. Watch out for f lying debris during tornadoes and seek shelter immediately, they warned. Take cover and stay away from windows to guard against hail, they further said. PAGASA announced on Wednesday the onset of the rain-driving ‘habagat’ in the country this year. Indicating such onset are

the eastward migration of the North Pacific High-Pressure Area and southwesterly wind flow’s dominance over the West Philippine Sea for several days already due to the formation of a semip ermanent trough over Northern Luzon-Taiwan area, noted PAGASA. PAGASA has however not yet announced the onset of the country’s 2017 wet or rainy season. Such onset in areas with Type 1 climate may occur between late May or early June, said PAGASA. Two pronounced seasons characterize Type 1 climate — dry from November to April and wet during the rest of the year, noted PAGASA. Western sections of both Luzon and the Visayas have such climate, the bureau s aid, not ing t hat t hes e s e c t i on s a re t h e a re a s ‘habagat’ affects first. thunderstoms/PAGE

Robert S. Sawi, assistant chief of the Weather Division of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), said the occasional to frequent occurrences of afternoon-evening or early morning rain showers and thunderstorms signify the approaching onset of the rainy season during the press conference in Quezon City on Wednesday (May 24, 2017). pna photo by marvie a. lloren

DENR holds first-ever Biodiversity Congress on Environment and Natural Resources chair, Senator Cynthia Villar, who underscored the numerous b e n e f it s of c ons e r v i ng the country’s landscapes and s e as c ap e s t h rou g h sustainable tourism. According to Vi l lar, sustainable tourism contributes to both economic growth and biodiversity conservation. The lady senator also shared the plan to build the Las Pinas- Paranaque Wetlands Park within the Las Pinas- Paranaque Critical Habitat and Ecotourism Area (LPPCHEA) which will include a Wetlands

C e n t e r, B i r d h i d e s , b o ardw a l k , a mu s e u m , lagoon and floating house. It i s e n v i s i o n e d t o be the premier learning environment for urb an wetlands in the country and a model for sustainable eco-tourism, she added. Villar is the author of a bill seeking to expand the National Integrated Protected Areas System (NIPAS) Act of 1992 or Republic Act 7586. The NIPAS system under the now proposed “Expanded NIPAS Act of 2017 shall recognize cons er vation areas and the management regimes of local government

units (LGUs), communities and indigenous peoples. She urged participants to t he f irst-of-its-k ind congress to “work together to ensure that there is still a mega-diverse countr y that is awaiting the future generation of Filipinos.” The f irst day of t he congress was marked by the launch of the BMB’s three major initiatives: the Philippine Biodiversity Action Plan (PBSAP) 20152 0 2 8 ; t h e P h i l i p p i n e s’ Voluntary Commitments on Sustainable Development G o a l ( SD G ) G o a l # 1 4 : Life Below Water Ocean Conference; and the Coastal

and Marine Ecosystems Management Program (CMEMP) 2017-2018. The PBSAP, presented by BMB Assistant Director Antonio Mani la, is t he third iteration of the c o u n t r y ’s b i o d i v e r s i t y strategy and action plan. It was developed through extensive and participatory consultations with more than 800 individuals representing nearly 200 agencies and organizations f r o m t h e g o v e r n m e nt , private sector, media and academe, including nongovernment agencies and people’s organizations at congress/PAGE 10

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PAL braces for fallout from martial law in Mindanao P H I L I P P I N E AIRLINES (PAL) is starting to receive c a n c e l l at i on s a n d r e booking requests for its flights to Mindanao, after Pre s i d e nt Ro d r i g o R . Duterte declared martial law in the southern island. “For sure there will be an effect which will result to reduction in revenue, although we want to look at it from a more positive basis that this is short-term, in exchange for a longerterm of peace and order in Mindanao,” PAL President and Chief Operating Officer Jaime J. Bautista told reporters in a briefing on Thursday. On Tuesday, Mr. Duterte placed Mindanao under martial law to prevent the spread of extremism in the region after security forces clashed with the Islamic State-linked Maute group in Marawi City, Lanao del Sur.

“Right now, we don’t have a full estimate yet [of the effect] because it’s too early to do an estimate, we’ll have to assess. But for sure there will be a short-term impact because we have experienced some cancellations, re-routing and there are requests for refunds already,” Mr. Bautista said, when asked how the flag carrier’s operations have been affected by the conflict in Mindanao. PAL has already offered refunds for passengers with confirmed bookings for Mindanao-bound flights. In an advisory, the airline said passengers with flights to Butuan, Cagayan de Oro, Cotabato, Dipolog, Davao, General Santos, Ozamiz, Surigao and Zamboanga from May 24 to July 30, 2017 may either rebook their tickets, refund their tickets or avail of rerouting options. Aside from domestic flight cancellations to Mindanao, Mr. Bautista expects to see

some impact on foreign bookings to Manila. “We are hoping that the market will continue to grow in the international... Hopefully, international will remain to be strong for flights going to Manila although we are expecting some cancellations also from other countries because of this situation in Mindanao,” Mr. Bautista said. “We don’t know yet how much more we will experience but we will continue to evaluate based on our existing bookings,” he added. Although operations remain normal in the various ai r p or t s i n Mi nd ana o, PAL is looking at “flight restructuring” due to the proposed curfew to be implemented in the region. “ We w e r e t h i n k i n g of restructuring some of our flights because of the proposed curfew. If the curfew is 10:00 p.m. to 4:00

a.m., then we cannot mount flights that will arrive at 10:00 p.m. or leave at 10:30 p.m., right now kasi we have flights to Davao, we have flights to CDO that operates past that time in the evening,” Mr. Bautista said. In a separate statement on Thursday, PAL said it will strive to maintain normal operations to and from Mindanao for the duration of martial law, saying it will operate all scheduled flights “unless the prevailing situation warrants a cancellation or delay.” Also, Mr. Bautista said the prolonged unrest in Mindanao could affect the ongoing discussion between PA L an d it s p ot e nt i a l investors. Sought for comment on the effect of the Mindanao situation to their operations, budget carrier Cebu Pacific said through a representative: “Our operations remain normal.”

Alsons expects 2017 earnings dip A L S ON S C ons ol i d ate d Resources, Inc. expects net profit to decline this year until the completion of the second 105-megawatt (MW) section of its 210MW coal-fired power plant in Sarangani province, its president said. “There will be a dip in the profits because by this year, we will have the full loan for section one and section two,” said Tomas I. Alcantara, Alsons chairman and president, on the sidelines of the company’s annual stockholders meeting at the Manila Polo Club in Makati City on Thursday.

CorporateWorld

“But this will be replaced in the subsequent years by the revenue and profit that will be generated by the second plant,” he said. The second section of Sarangani Energy Corp.’s $600-million coal-fired power plant in Maasim began construction in January and is expected to start commercial operations by the first half of 2019. “One ye ar af ter t he completion, we will have the generation of profits already,” Mr. Alcantara said, adding that Alsons will be carrying the load of interest as expense in 2018 to 2019.

In the first quarter, Alsons recorded a net income of P81.53 million, down 45% from P148.14 million in the same period last year as finance charges weighed on the holding firm’s financial performance. Income attributable to the parent firm fell 61% to P34.56 million, from P88.41 million a year ago. During the annual me et ing , A ls ons C hief Finance Officer Robert F. Yenko said the company was setting aside a capital expenditure of P8.8 billion in 2017, up from P6.5 billion last year.

“Our profits will remain a little bit tempered,” Mr. Yenko told the company’s stockholders. At the same time, Mr. Alcantara allayed fears of stockholders about the situation in Mindanao after the declaration of martial law over the island on Tuesday night amid the threat of terrorism. He s a i d t h e r e c e nt development on the southern island “has not in any way disrupted or affected the normal course” of Alsons’ power operations. “Our four power facilities alsons/PAGE 10

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 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 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696

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 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563

Lourdes College Strings, the only full string orchestra from Northern Mindanao, perform an intermission at Xavier University Little Theater in Cagayan de Oro City May 26, 2017. photo by mark francisco

Seda Centrio Hotel 3238888 / 0917-577-5910

Philtown Hotel 726295 / 8564402 Fax: 723104

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

Banking&Finance

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

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

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248

LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

Bangko Sentral eyes May ’17 inflation between 2.9- 3.7% LOWER prices of oil and cut in electricity rates are expected to counter the effect of higher rice prices and bring the May 2017 inflation level between 2.93.7 percent. T h e f ore c a s t r a n g e , a n n o u n c e d by B a n g k o Sentral ng Pilipinas (BSP) G ov e r n o r A m a n d o M . Tetangco Jr. through text messages to reporters Friday, is lower than the three to 3.8 percent the central bank had for the April inflation rate. Last April, rate of price increases was flat at 3.4 percent but is more than twice the 1.1 percent same month last year. In the first four months of the year, inflation averaged at 3.2 percent, slightly higher than the mid-point of the central bank’s two to four percent target range for this year until 2020. Inflation averaged at 3.2 percent in the first quarter this year. inflation/PAGE 10

amounted to P235.9 billion, four percent than year-ago’s P246.6 billion. Of the total, the Bureau of Internal Revenue (BIR) contributed P219.9 billion, up four percent from yearago’s P211.8 billion. Collections by the Bureau of Customs (BOC) reached P31.1 billion, down five percent compared to the P32.7 billion same period last year. Revenues of the BTr contracted by 75 percent to

P7.1 billion but the Other Offices posted a 29 percent increase in collection to P8.9 billion. Expenditures last April reached PHP183.1 billion, four percent down against the P191.6 billion same period last year. For t he four-mont h period, revenues totaled to P768.3 billion, up six percent than year-ago’s P725.6 billion. Expenditures are up two percent to P798.4 billion from the end-April 2016’s P783.1

billion. This resulted to a budget gap of P30.2 billion, down 47 percent than the P57.5 billion same period last year. BIR and BOC’s collection both rose 10 percent during the period to P558.1 billion and P135.3 billion, respectively. BTr revenues amounted to P30.1 billion, down 43 percent, and the Other Offices’ collection rose by nine percent to P38.8 billion. (Joann Santiago/PNA)

THE Bangko Sentral ng Pilipinas (BSP) is eyeing enhanced corporate governance rules for banks, which include changes in the term limits for independent directors alongside the inclusion of environmental protection measures in a board’s decision-making process. T h e B SP on Fr i d ay signed a memorandum of underst anding w it h the International Finance C or p. ( I F C ) , a Wor l d B an k u n it e ng a ge d i n lending to corporates, for enhanced environmental and social governance for banks, alongside corporate governance practices covering Philippine lenders. Among t he re for ms being eyed under the new guidelines are the inclusion of environmental and social risk management, BSP Governor Amando M. Tetangco, Jr. said. This includes the concept of sustainable finance in a bank’s business decisions, which prioritizes “environmentfriendly” results in granting loans for projects. “We have to look at the

proper principles...and what has been the experience of the other countries. Once we have been able to see what the appropriate standards for us are and what would be applicable to our particular situation in the Philippines, then we’ ll tr y to draft regulations on that basis,” Mr. Tetangco told reporters on the sidelines of the signing ceremony and forum held at the BSP headquarters in Manila. “Those types of things would be useful for us, especially since the Philippines is a disasterprone area. It’s important that we look at how we can continuously and better protect the environment.” The Philippines is one of 20 countries considered most vulnerable to the impact of natural disasters and climate change. The Finance department previously said that more than 1,000 deaths occur yearly in the Philippines due to natural calamities, with typhoons accounting for 74% of lives lost, 62% of damage to properties, and 70% of damage to agriculture.

BOARD COMPOSITIONS BSP Deputy Governor Nestor A. Espenilla, Jr. said separately that changes in the term limits for independent directors are also underway, as the central bank aligns t hes e r u les w it h t hos e introduced by the Securities and Exchange Commission (SEC). M r. E s p e n i l l a t o l d reporters that among the changes include allowing only one term for independent directors sitting in corporate boardrooms. U n d e r t h e S E C ’s new rules -- which were loosely patterned after the Association of Southeast Asian Nations Corporate Governance Scorecard that took effect Jan. 1 -- companies should have at least three independent directors, or a third of the sitting board members. They can also serve a maximum cumulative term of nine years and are banned for reelection under the same position, versus the previous practice that allows one reappointment after a cooling-off period. governance/PAGE 10

BSP seeks to strengthen banks’ governance

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

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

LBP – VELEZ LunaVelez St. | 723549/8563198

TAT E r e v e n u e collection in April 2017 rose four percent yearon-year, partly due to the deadline of filing of income tax returns, enabling the government to post a P52.8 billion budget surplus. Data released by the Bureau of the Treasury (BTr) Friday showed that the budget surplus in the fourth month this year is, however, 4.4 percent lower than year-ago’s P55 billion. Revenues for the month

RURAL BANK OF CABADBARAN, Inc.

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

LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678

PHL gov’t records P52.8B budget surplus in April ‘17 S

RCBC SAVINGS- AGORA 8807891/8807892

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

FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678

monday|may 29, 2017

RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460

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

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395

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

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

Sports clinic. The City Social Welfare and Development Office (CSWDO) and the City Sports Office conduct the Summer Sports Clinic at Tahanan ng Kabataan in Barangay Lumbia, Cagayan de Oro City on May 25 where young kids and minor law offenders were taught on the basic rudiments of boxing, volleyball and basketball. The activity aims to build the children’s self confidence, spirit of sportsmanship, camaraderie and divert their attention to sports. (CIO/PIA10)

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Thunderstorms... Congress... from page 6

from page 6

In its 24-hour forecast released Thursday morning, PAGASA said ‘habagat’ is affecting the western sections of both Luzon and the Visayas. PA G A S A f o r e c a s t cloudy skies with light to mo derate rain showers and thunderstorms over the west-lying Ilocos and Western Visayas regions, Luzon’s Zambales, Bataan, M i n d o r o a n d Pa l aw a n provinces, as well as Negros Occidental province in the Visayas. Meanwhile, partly cloudy to cloudy skies with rain showers or thunderstorms will prevail over Metro Manila and the rest of the country, PAGASA also said. “Light to moderate winds blowing from the southwest will prevail over Luzon and the Visayas and from the southeast to south over Mindanao,” it added. (PNA)

the local and international levels. The t hre e-d ay e vent is filled with interactive plenar y and breakout sessions on five thematic areas, namely: Managing Protected Areas; Biodiversity-friendly enterprises; L andscapes and Seascapes; Biodiversity Financing and Social Topics like building an inclusive biodiversity community; and participation of indigenous peoples, women, youth and communities in conflict-affected areas. denr

Alsons... from page 7

i n Mi nd ana o c ont i nu e to operate as scheduled. All of our projects under development... are proceeding according to schedule and are on-track to completion,” he said.

“We respect and fully support the decision of President Rodrigo Duterte to institute all legal measures allowed within the framework of the Constitution in order to ensure the safety and security of the island,” he said. The Sarangani plant’s second section is expected to provide baseload power to three million residents of South Cotabato, Davao del Sur, Zamboanga del Norte, Zamboanga del Sur, Cagayan de Oro City and other areas in Mindanao. The first 105-MW first section of the Sarangani plant started operating in April 2016, serving at least three million people in the provinces of Sarangani, Compostela Valley, Agusan del Norte and Agusan del Sur. It also delivers power to the cities of General Santos, Iligan, Butuan and other population centers in Mindanao. “We are hopeful that the security situation in Marawi will normalize at the soonest time possible. We are confident that the gover nment is in f ir m control of the situation,” he said. “We remain steadfast in our commitment to the development of the island of Mindanao and the rest of the Philippines.” At present, Alsons operates three diesel facilities: the 103MW diesel power plant in Iligan City under Mapalad Power Corp.; the 55-MW facility in Alabel, Sarangani under Southern Philippines Power Corp.; and the 100MW plant in Zamboanga City under Western Mindanao

Power Corp. Based on its latest count, Alsons’ current installed capacity is at 363 MW. The company expects a total generating capacity of 588 MW by end 2021, which it said should be good to meet 25% of Mindanao’s projected peak power demand for that year. In the second half of 2017, Alsons expects to begin building a 15-MW run-ofriver hydroelectric plant in Maasim, Sarangani. It will also start constructing within the year a 105-MW coal-fired power plant in Talisayan, Zamboanga City under San Ramon Power, Inc.

Governance... from page 8

“It’s a balancing act. The thought process there is if you’re an independent director and you are there long enough, then your independence will be eroded,” Mr. Espenilla said. Mr. Espenilla previously said that the new rules would also require banks to submit their internal corporate governance frameworks to the central bank for monitoring purposes.

Inflation... from page 8

Monetary officials expect inflation to sustain its rise only until the third quarter of this year, with this year’s average seen at 3.4 percent. “Moving forward, the BSP will continue to monitor evolving price conditions in line with the BSP’scommitmenttopricestability conducivetobalancedandsustained economic growth,” Tetangco said.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 44 Initao, Misamis Oriental IN REPETITION FOR JUDICIAL CONFIRMATION OF IMPERFECT TITLE

LRA CASE NO. 2015-59

GEMINI LAND VENTURES AND DEVELOPMENT CORP. Petitioner -----------------------------------/

Cadastral Lot No. 4423 CAD 237

AMENDED ORDER Finding the verified petition for judicial confirmation of imperfect title of land identified as Lot 14423 Cad-237, situated at Barangay Matangad, Municipality of Gitagum, Province of Misamis Oriental Island of Mindanao, containing an area of 2,785 square meters, and more particularly described as follows: A parcel of land with an area of 2,785 square meters (Lot No. 14423 CAD-237) situated at Barangay Matangad, Municipality of Gitagum, Misamis Oriental, Island of Mindanao, bounded on the SE by Lot 13762 Cad 23, on the SW by Lot 13765 Cad 237, on the NW by Mindanao Sea, and by NE by Lot 13760 Cad 237. Filled by Gemini Land Ventures and Development Corporation, duly represented by its Corporate Secretary, Ma. Jugi D. Salimbagat, to be sufficient in form and substance, the same is set for INITIAL HEARING on August 07, 2017 at 8:30 o’clock in the morning at this Court, sitting at the Hall of Justice, Initao , Misamis Oriental, Persons interested in this petition are required to answer and appear before this Court on the aforesaid date and make known their position thereto. The Administrator of the Land Registration Authority is hereby directed at the expense of the applicant to cause the publication of the Notice of Initial Hearing in the Official Gazette and once in a newspaper of general circulation in the Province of Misamis Oriental. Further, the petitioner is hereby directed to furnish copy of the application and its annexes to the Solicitor General. Lastly, let copies of this order be furnished to the concerned office of the Department of Environment and Natural Resources (DENR) of this province. SO ORDERED February 8, 2017, Initao, Misamis Oriental

(Sgd.) MARISSSA P. ESTABAYA Presiding Judge

BWM: May 22, 29 & June 5, 2017

Inter-Agency Task Force Secures LASURECO Compound The Inter-Agency Task Force on Securing Energy Facilities (IATFSEF) composed of the Department of Energy, Armed Forces of the Philippines (AFP), Philippine National Police (PNP) and the other industry players moved to secure the Lanao del Sur Electric Cooperative, Inc. (LASURECO) compound. Energy Secretary Alfonso G. Cusi earlier issued firm marching orders to the IATFSEF to “secure every energy facility in Mindanao.” Through the IATFSEF, the system operator–National Grid Corporation of the Philippines (NGCP)-reported that the Mindanao Grid is now under normal operation. NGCP initially reported a lower electricity demand in Lanao del Sur reaching only 5 megawatts (MW) on Wednesday (24 May) which increased to 11 MW today, lower than the usual demand of 17 MW. As an immediate concern in yesterday’s IATFSEF meeting, the National Electrification Administration (NEA) and LASURECO reported today that 95% of electricity services in Marawi City has been restored. According to NEA, the remaining nonoperational assets are scheduled to be restored today as well. They are also monitoring and awaiting ground data for re-energization of affected towns in the 2nd District of Lanao del Sur, including Wato, Tugaya, Bacolod Kalawi, Madamba, Madalum, Ganasi, Pualas, and

Pagayawan. “We are pooling our resources and seeking assistance from the AFP and the PNP to normalize the security situation, protect our people and secure energy facilities affected by the fighting,” Cusi said. “We must prioritize the safety of our people, especially those personnel on duty in the energy facilities, and at the same time protect our energy assets," Cusi emphasized. Cusi said the InterAgency Task Force had been organized to prevent terrorists from targeting energy facilities and to help restore normalcy in the province as soon as possible. In a related development, Palawan Lomondaya, National Power Corp. (NPC) Plant Manager of Agus 1&2 Hydroelectric Plant (HEP) Complex, has reported that he is planning to shut down one unit only to preserve station service for Agus 1 HEP due to an M-79 grenade landing in the plant's vicinity, apparently fired by the Maute Group that's now the target of intensive searchand-destroy operations by the military. Nevertheless, the NPC are continuously are mobilizing their technical personnel to ensure the delivery of sufficient supply and to meet the demand of its consumers. "I commend the energy personnel on the ground who have been ensuring the delivery of basic energy services to our people, especially in Marawi City," Cusi concluded.

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monday|may 29, 2017

Normal...

Bishops...

Martial law was declared by President Rodrigo R. Duterte while he was on a state visit in Russia after clashes between government troopers and members of Maute terrorist group erupted Tuesday afternoon in Marawi City, Lanao del Sur. Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. earlier said reports they received from their offices in Mindanao said “it’s business as usual so far” in the region. He said the martial law declaration in Southern Philippines is “a very decisive move on the part of the government” and is expected “to improve the security and peace and order situation.” ” There may be some transitor y or temporar y cautiousness but in the end I think it will lead to a positive impact on sentiment,” he added. (PNA)

Mindanao has at least 21 bishops in five archdioceses, 14 dioceses, vicariate and a prelature spread in 27 provinces and 33 cities. Quevedo said martial law “is a means of last resort”. Among the questions raised by the people of Mindanao, he said, are the following: “Are moral principles f u l f i l l e d ? We r e o t h e r means to resolve the deep and wide serious problems of Mindanao impractical and ineffective? Will the positive effects of martial law outweigh the negative effects? Will there be probability of success? Will it bring about a culture of accountability and end a culture of impunity? Will martial law increase human rights violations? Will martial law be abused for evil purposes?” The country’s second cardinal said the bishops “shall condemn any abuse of martial law and as in the past, will condemn it outright if it goes in the way of evil”, urging the public to remain vigilant. “We exhort everyone to be calm in the face of martial law, to be obedient to the just commands of lawful authority, and not to provoke violent reaction. We urge the government to remove the causes of terrorism, such as poverty and injustice, through just and accountable governance focused solely on the common good,” he said. Quevedo and the Mindanao bishops further “condemn the terrorist acts that have caused the loss of many innocent lives, the burning of homes, public bu i l d i ng s , i n c lu d i ng a Protestant school dormitory and a Catholic Cathedral”. “ We c o n d e m n t h e unconscionable kidnapping of teachers and church personnel,” he added. Offering prayers for the safety of Fr. Teresito “Chito” Suganob and his companions, Cardinal Quevedo and the prelate “appeal to the hostage takers to release all of them unharmed. The victims fear death but they also have the courage to give ultimate witness to Christ.” The fate of Fr. Suganob and his 14 companions, an MSU professor and seven teachers and staff of the Church-run Dansalan College, remain unknown as of posting. Marawi City Bishop Edwin dela Peña said there were reports the priest has been released but these were false news. He said the bishops condemn in strongest terms terrorism in its various forms, describing it as “an ideology that is totally against the tenets of any religion of peace”. “Esp ecially s o w hen terrorism is perpetrated while our Muslim brothers and sisters are preparing for the holy month of Ramadan. Ter ror ism distor ts and falsifies the true meaning of any religion. It destroys harmonious relationships among peoples of different

from page 1

Price...

from page 1 • R e g i o n X I – Southern Mindanao • R e g i o n X I I – SOCCSKSARGEN • R e g i o n X I I I – CARAGA Unless sooner lifted by the President, DTI said price control shall be in effect for 60 days for basic necessities, and 15 days for household LPG and kerosene from the date of the Martial Law declaration. Basic necessities refer to goods vital to the needs of consumers for t heir sustenance and existence such as, but not limited to, rice, corn, root crops, b re a d ; f re s h , d r i e d or c an n e d f i s h an d ot h e r mar ine pro duc ts; f resh pork, beef and poultry meat; fresh eggs; potable water in bottles and containers; fresh and processed milk; fresh vegetables and fruits; locally manufactured instant noodles; coffee; sugar ; cooking oil; salt; laundry soap and detergents; firewood; charcoal; household liquefied petroleum gas (LPG) and kerosene; candles; and drugs classified as essential by the Department of Health (DOH). Business establishments violating the automatic price control shall face the penalty ranging from PHP5,000 to PHP1 million and/or imprisonment of one year up to 10 years. DTI is enjoining retailers to comply with the automatic price control while consumers are advised to be guided accordingly. The public is also encouraged to make use of the DTI “e-Presyo” to check for the SRPs and prevailing prices of all basic and prime goods being monitored by the DTI including those stores selling at the lowest prices. The “e-Presyo” can be accessed through the DTI website, www.dti.gov.ph or downloaded from Play Store using any Android device.

from page 1

faiths. It creates a world of suspicion and prejudice, of hatred and hostility,” Quevedo added. Aware of the problem of peace and order and of continuing disruptive activities of other rebel groups, the problems of criminality and drugs, corruption and underde velopment, t he cardinal said, “Mindanao problems go beyond the limits of Marawi City.” In issuing pastoral guidance regarding martial law, Quevedo said the bishops are guided by the Sacred Scriptures and by the social teachings of the Church. St. Paul, he said, exhorts us to “pursue what leads to peace” (Rom. 14: 19). He then asked Mindanaons, “Let us pursue together what leads to peace. Let all religious teachers and leaders quell the tendencies towards the terrorist ideology. Let us pray for peace and work for peace. God bless the people of Marawi.” (EOF/ PNA)

Vendors... from page 1

beyond normal peak hours of customers. They demanded that the RTA should revert back to the usual 4pm to 5am vending time. The vendors are occupying the four streets surrounding Cogon area: Yacapin, JR Borja, Vicente Roa and Osmeña streets. T he y a l s o o c c upy b ot h ends of the two-block Gui l ler mo and D aomar streets. Teleron said that 4- 8pm is the usual peak hours for them and that altering the same with the new policy would kill their means of livelihood. He said their income has tremendously decreased since the new policy was implemented by RTA two weeks ago. “ We c a n n o t t e n d t o our families any longer,” Teleron said. Teleron also denied that the vendors are blocking the flow of vehicles during rush hour between 4 to 8pm. “Naa ra man mi two meters from the gutter. Dili man gapangagi ang mga jeep diha. Kung balay pa ang dalan, naa ra mi sa balcony. Wala g’yud mi sulo d sa dalan mismo,” he added. Teleron is hoping that the city government would reconsider its new policy.

Hino... from page 3

Center. “ T he gol d e n age of construction will see a high demand for commercial trucks to support activities such as compaction hauling and l and ce me nt at ion. HMP continues to rise to the challenge of meeting mobility requirements by innovating new trucks such as the FS2P mixer truck in response to the expected surge in inf rastr ucture development,” said HMP Chairman Vicente T. Mills, Jr. The FS2P mixer truck can be used for different construction and ground consolidation purposes, inf rastr ucture building and road works such as railways, bridges and road construction. Tuned to produce 350hp at 2,100r pm, t he FS2P mixer runs on a HINO P11C engine paired with 9-speed transmission. With a 32,300kg capacity, the Euro 3-compliant mixer is equipped with power steering and a 266-liter full-tank capacity. “Aside from innovating with new trucks, we will continue strengthening construction industr y partnerships and participating i n m aj or c ons t r u c t i on industry exhibits such as the ICEP. Building on our strong sales momentum, we remain committed to innovating together and pursuing product and service excellence to help power infrastructure projects in the golden age of construction,” Mills said. For more than 40 years, HMP has been serving as a one-stop shop catering to the truck and bus needs of both small to medium businesses and large companies alike. By offering quality trucks and buses, HMP ensures that its partners are able to leverage its product and service expertise in meeting their shipment and logistics needs. 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

Doring... from page 4

much more painful to wait for nothing while being fed by a friend? Failed marriages, difficult mid-life attempts, something that might pass away a family - yes, I think, we know the rarity of solid and long living relationships with a partner, with children or with a hard to find friend.

NOTICE FOR PUBLICATION In compliance with Section 5 of R.A. No. 9048, a NOTICE is hereby served to the public that ERICK JOHN E. JOLOYOHOY has filed with this Office a petition for the change of first name from FREDERICK JR. to ERICK JOHN in the Certificate of Live Birth of FREDERICK JR. EBALLE JOLOYOJOY who was born on OCTOBER 28, 1978 in Cagayan de Oro City and whose parents are FREDERICK BARILLO JOLOYOJOY & SARAH CUI EBALLE. Any person adversely affected by said petition may file his written opposition with this Office not later than MAY 28, 2017.

BWM: May 22 & 29, 2017

Bunye...

from page 4 Marcos years. They cited that under the 1987 constitution: 1. The declaration of martial law may be revoked any time by a joint declaration of both houses of Congress. 2. The declaration may not last more than 60 days. Any extension must be approved by Congress. 3. The Supreme Court may also look into the factual basis for the declaration. As of this writing, any chance of joint Congressional

action appears to be remote. Mindanao congressmen are reported to be “concerned” but “generally supportive” of the Duterte’s initial move. Businessmen friendly to the administration are also cautiously optimistic that the rest of Mindanao will survive the effects of the fighting. One businessman, who is into the 24 hour convenience store business, however, hopes that President Rody will not declare a curfew. “When that happens, that will really be bad for our business.” Let us all hope for the best but be prepared for the worst. Heard on the air: DZBB’s Rene Sta. Cruz: Hindi ba ang pagsunog ng mga gusali at paghostage ng mga sibilyan ay violation din ng human rights? E bakit wala man lamang akong naririnig mula sa Commission on Human Rights? Note: You may also email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE PROVINCE OF MISAMIS ORIENTAL CAGAYAN DE ORO CITY

We may even dare to speak the language that 30 or 40 or even 50 years ago would have seemed uncool. Call it God or something spiritually, but it would probably be the quest for the sense of life, an the hope and faith, that one exists. +++ Email me: doringklaus@ gmail.com or follow me in Facebook, Linkewin or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicalmusic.blogspot.com .

(Sgd.) NORMA S. DIPUTADO CITY CIVIL REGISTRAR

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

Republic of the Philippines Regional Trial Court 10th Judicial Region Branch 16, Tangub City IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRY IN THE BIRTH RECORDS OF HAZEL CORPUS RECTO CHANGING THE DATE OF BIRTH FROM February 13, 1954 TO February 13, 1984.

SPECIAL PROCEEDING CASE TC-2016-043

THE LOCAL CIVIL REGISTRAR HAZEL CORPUS RECTO, -versus- OF TANGUB CITY, MIS. OCC. Petitioner, Respondent,

/--------------------------------------------------------------------------/ 2nd NOTICE OF HEARING

WHEREAS, after alleging certain facts in a verified petition filed on June 16, 2016, petitioner prayed that after notice, publication and hearing, an order be issued directing the Local Civil Registrar of Tangub City, Mis. Occ., to make the following correction in her record of birth, to wit: Year of birth from “1954” to “1984”. WHEREFORE, finding the petition in due form and substance, the hearing of the same is hereby set on June 14, 2017 at 8:30 o’ clock in the morning, at the Session Hall of this Honorable Court, at which date, time and place, any concerned and interested person may appear and show cause, if any, why said petition shall not be granted. The Sheriff of this Honorable Court is hereby ordered to post copies of this Notice in three (3) conspicuous places, preferably in the Bulleti Board of this Court, the City Hall of Tangub City, and the Barangay Hall of Lorenzo Tan, Tangub City, Mis. Occ. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Local Civil Registrar of Tangub City. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON. Presiding/Executive Judge, this 10th day of May 2017.

(SGD.) ATTY. MARCELINO D. NATIVIDAD, JR Clerk of Court-VI

BWM: May 29, June 5 & 12, 2017

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Monday | May 29, 2017

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