BusinessWeek Mindanao (May 3-4, 2016)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 132

Market Indicators As of 5:00 pm May 3, 2016 (tuesday)

FOREX

PHISIX

US$1 = P46.999

7,053.88

11.2 cents

X

X

105.41 points

Briefly P4.2B Normin projects IMPLEMENTATION of P4.2 billion infrastructure projects in Northern Mindanao is a welcome development as these will help protect Cagayan de Oro city and the constituents from flood and other calamities.

Vice mayor Caesar Ian E. Acenas noted reports that 79 projects were implemented including the flood wall in Barangays Carmen, Kauswagan and Balulang in Cagayan de Oro City amounting to P753 million.

According to published reports, the projects were approved following the typhoon Sendong tragedy.

The Office of Civil Defense in Region 10 (OCD10) reportedly facilitated the priority projects after conducting the Post Disaster Needs Assessment (PDNA) with the Regional Disaster Risk Reduction and Management Council (RDRRMC).

El Niño toll in Normin reaches P2.3B: DA-10 www.businessweekmindanao.com

B

Tue-Wed | May 3-4, 2016

P15.00

By ERWIN MASCARIÑAS

UTUAN City -- Crop damage caused by the prolonged El Niño phenomenon in Northern Mindanao has reached P2.3 billion and the figure may yet increase, the Department of Agriculture in Region 10 said.

“After our meeting the other day here in Cagayan d e O ro C it y, we h ave validated the final figure of

the damage brought by the severe drought due to the El Niño phenomenon to be el niÑo/PAGE 10

Coops want control over CDO’s water district

By MARK Q. FRANCISCO, Staff Writer

A C ONSORTIUM of cooperatives in the city wants to take charge of the management of the government-run Cagayan de

Oro Water District (COWD), which reportedly has been operating with a non-revenue water level of more than 50%. control/PAGE 10

EL NIÑO. Farmers thresh newly harvested rice at Upper Mandacpan, Butuan City, this despite the long dry spell as an effect of El Niño in the region. Photo by Jun Ayensa

ADVERTORIAL

Marcos-leading surveys resulting from anti-BBM admin campaign?

Night market THE Davao City government is eyeing to expand its night market in different places across the metropolis.

Yusop Jimlani, head of the City’s Drainage and Demolition Unit (DMDU) said that night markets are being planned in Toril, Agdao, Ilustre Extension and Sta. Ana Avenue.

Jimlani said probable sites would be in Toril and Agdao since these places are already crowded with vendors. The night market in Toril would be located near the market and Agdao would be in Lapu-Lapu Street.

He added that the plan would have to wait as Jimlani said he will be retiring this June, the new head would be given the plan to implement the nigh markets.

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Sen. Bongbong Marcos

R E S U LT S o f e v e r y preference survey c o n d u c t e d by m aj o r pollsters Pulse Asia and Social Weather Stations since the end of March consistently showed Senator Bongbong Marcos, the Ilocano vice presidential candidate as front-runner.

Among the six official candidates for the second highest post in the land, Marcos has consolidated his pole position and is now five percentage points ahead of Rep. Leni Robredo marcos/PAGE 10

Different parties, different strokes

Local pols (re)imagine CdO’s mental-health facility, program (Last of two parts)

By LINA SAGARAL REYES, Contributor

(The first part presented the perspectives of the Centrist Democratic Party) TO BUILD or not to build a mental health facility is no longer a question among politicos in Cagayan de Oro City in Mindanao. All the three contending political parties in the

coming May 2016 elections agree the time is ripe to build one.

The Centrist Democratic Party (CDP), Liberal Party (LP) and the Padayon Pilipino Party (PPP) have all claimed that constructing a mental hospital is among their to-do list, should their candidates win. local/PAGE 10

SanMig partially commissioning Davao plant

By MYRNA VELASCO, Contributor

THE energy unit of San Miguel Corporation is now tug g ing its w ay i nt o p a r t i a l l y commissioning the initial blocks of its 600-megawatt

greenfield coal-fired power project in Davao del Sur. The Malita-sited power station of San Miguel Global Power Hol d i ng s h a s fou r

generating units of 150MW capacity each.

The first two blocks with aggregate capacity of 300MW had been anticipated to be online within the second quarter of this year. sanmig/PAGE 11

DIGNITY MARCH. Students and health workers marched along the city’s main streets during the Mental Health Awareness Day in October last year. Nongovernment organizations, the Local Health Board and the city social services office spearheaded the event. Photo by Lina Sagaral Reyes

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Cash incentive award to board topnotchers up for approval

T

HE Cagayan de Oro City Council of Cagayan de Oro during its 127th regular session is slated to act on the proposed ordinance granting Cash Incentive Award to topnotchers in Philippine Government Professional Board and Licensure Examinations.

The proposed legislation was filed by Councilor Nadya Emano-Elipe after two more nurses who graduated from Xavier University landed in the top 10 slot during licensure examinations.

The lady councilor said

the grant of cash incentives will encourage graduates to excel in their studies and in government examinations.

PROPOSED RATES Based on the proposed ordinance, topnotchers shall receive a cash award of P10,000 for 1st placers, P7,000 for 2nd placers and P5,000 for 3rd placers of board examinations for courses less than four years.

Meanwhile, graduates of four year courses will receive P16,000, P12,000 and P8,000 if they land in the first, second and third slots.

For post graduate courses,

the CIA will be P30,000 for 1st placers, P25,000 for 2nd placers and P20,000 for 3rd placers.

The proposed law provides that in order to qualify for the cash incentive, topnotchers must be a resident of the city for a period of at least one year as certified to by the barangay chairperson where he or she resides and a graduate of any college or university in Cagayan de Oro. T h e c om m itt e e s on education chaired by Councilor Adrian L. Barba and on laws and rules chaired

by Councilor Ramon G. Tabor favorably endorsed the proposed ordinance following a series of meetings and after receiving the endorsement of the City Legal Office.

Atty. Donald Delegencia of the City Legal Office, said proposed Cash Incentive ordinance is within the pur v ie w of S e c t ion 16 of R e publ i c Ac t 7 1 6 0 , otherwise known as the Local Government Code of 1991.

When the recipient of the Cash Incentive Assistance happens to be an employee or of f icials of the city government of Cagayan de Oro, such grant is also permissible under Section 458 (a)(1)(viii) of the Code, according to the Legal Office.

Supporting this, the Commission on Higher E d u c at i o n ( C H E D - 1 0 ) re c om me nd e d t hat 1 st placers of Undergraduate

course, including Doctor of Veterinar y Medicine, Doctor of Dental Medicine and Doctor of Optometry be granted a cash award of P16,000, P12,000 for 2nd placers and P8,000 for 3rd placers and that graduate courses including Law and Medicine be given a cash

award of P30,000. P25,000 and P20,000.

The proposed ordinance allocates a lump sum amount in the annual budget to cover for the cash incentive award, which shall be disbursed of through an appropriation ordinance to be enacted by the City Council. (CdeOSP)

DTI Surigao Norte cites top taxpaying biz entities SU R IG AO C it y - - T h e D e p a r t m e n t o f Tr a d e an d In du s t r y ( D T I ) i n partnership with the Business Permit Licensing Office (BPLO) gave due recognition to top 10 taxpaying business entities operating the city on April 26, 2016, here.

The top 10 taxpayers who received the awards

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a re Ab s o lut e E s s e nt i a l Traders Inc.; Greenwhich and Jol lib e e Franchis e; Tai-Pan Development Inc.; First Consolidated Bank; Surigao del Norte Electric C o op erative; Evergreen Ta v e r n D e v e l o p m e n t Management Corporation; Apo Cement Corporation; Surigao Education Center; C ly bros Merchandising Inc.; and Jollibee Franchise (Gaisano).

To improve the quality of service to the business s e c t o r, t h e B P L O i s c ons i ste nt i n it s e f for t to improve and meet the standard of the Business Pe r m i t a n d L i c e n s i n g System through the streamlining program being implemented in c o o r d i n at i o n w i t h t h e D epar tment of Inter ior and L o c a l G ove r n me nt (DILG) and DTI. (DTI/ PIA-Surigao del Norte)

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

CorporateWorld Holcim net income flat Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

H

O L C I M PHILIPPINES, Inc. delivered flat earnings in the first quarter of the year, with the cement maker expecting strong private construction activity and the implementation of the projects under the government’s public-private partnership (PPP) program to take up the slack for the anticipated slowdown in state spending later this year.

Holcim President and Country Chief Executive Officer Eduardo A. Sahagun said the company’s bottomline was unchanged at P1.5 billion in the January to March period, dragged by the scheduled maintenance shutdown of its plants in Luzon and additional costs for the importation of clinker

to support demand.

“The scheduled maintenance happened in this (first) quarter when in 2015 there is none... You can say if there were no shutdowns, it (profit) should be P1.7 billion,” Mr. Sahagun said.

Asked on its full-year earnings outlook, the Holcim CEO said: “Normally, there is an improvement.”

The cement manufacturer rode on strong demand to push revenues by 17.2% yearon-year to P10.1 billion in the three-month period from P8.6 billion, driven by the sustained rollout of private projects and higher state spending for infrastructure.

The government allocated this year P760 billion for infrastructure spending,

equivalent to 5% of gross domestic product.

Holcim sold 54-million bags of cement in the first quarter, 14.9% higher from the 47-million bags sold a year ago. Of the total bags sold, seven million bags were sourced overseas.

The company is spending P2 billion -- higher than the regular capital expenditure budget of P600 million -- to jack up its cement capacity by nine-million metric tons (MT) by the end of the year, Mr. Sahagun said.

This is in line with a three-year plan to boost capacity by an additional 10-million MT by 2017 through the de-bottlenecking of existing facilities, from 8.2-million MT in 2015, to support increased demand

for cement.

The cement maker remains “cautiously optimistic” as the country elects a new president, with Mr. Sahagun anticipating a temporary weakness in government spending later this year.

“I anticipated a slowdown in my plan, but that will be in the fourth quarter [this year] and first quarter of next year until they put together a new Cabinet,” Mr. Sahagun, noting that public spending accounts for 40% of sales.

The decline in state spending may be offset by demand from the private sector and PPP projects w h i ch are now i n t he implementation stage.

“Whoever gets elected has to spend on infrastructure,” Mr. Sahagun said.

Mitsubishi to produce Mirage locally by 2017 MITSUBISHI MOTORS Ph i l ippi ne s C or p. w i l l start manufacturing in the Philippines its Mirage sedan model in Januar y 2017, although the initial volume will only be a fraction of the 200,000 units required under the government’s six-year incentive-based scheme to boost the local automotive industry.

“We project probably for both variants -- the sedan

and the hatchback -- around more than 20,000,” Froilan G. Dytianquin, Mitsubishi’s first vice-president for marketing told reporters on Friday night when the car maker launched the 2016 Mirage.

Mitsubishi has enrolled the Mirage sedan and hatchback under the Comprehensive Automotive Resurgence Strategy (CARS), a program led by the Department of Trade and Industry that

entitles fiscal incentives amounting to around $1,000 for each car they manufacture in the country, T he C A R S pro g r am requires three qualified car makers to enroll a car model and produce 200,000 vehicles in a span of six years. Mitsubishi has been given approval to enroll the two Mirage variants in the scheme. It has earmarked P4.3 billion for the initial

phase of the program.

Mr. D ytianquin said monthly sales of the Mirage variants so far this year was around 1,500, of which around 500-600 are accounted for by the hatchback.

“Last year we’ve done 12,000 for the sedan and 6,000 for hatchback,” he said.

He added that he was hopeful that with the rapid growth of small cars, the mitsubishi/PAGE 11

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Holcim Misamis Oriental plant.

Filinvest sets P44-B capex FILINVEST Development Corp. (FDC) is hiking its capital expenditure (capex) budget by nearly half this year, mainly to support the expansion of its real estate and power generation businesses.

FDC Investor Relations Of f icer Ana Regina A. Santillan told reporters last week that the Gotianunled conglomerate set an investment program of P44 billion, higher than the roughly P30 billion spent in 2015.

“We feel there are still supplementar y areas of growth, but we will still continue to be on the lookout for opportunities,” said FDC President and Chief Executive Officer Lourdes Josephine Gotianun-Yap. More than half of the capex budget will be earmarked for its real estate business through Filinvest Land, Inc. and Filinvest Alabang, Inc.

and about 35% will be allotted for its power business through FDC Utilities, Inc., Ms. Santillan said. The balance will fund the expansion of the banking, hotels and sugar businesses.

With its 405-megawatt (MW) coal-fired plant in Misamis Oriental close to commissioning, FDC is taking a “conservative” approach in the power sector amid possible policy changes, as the country elects a new president this month.

“All the industry players are looking. There is a change of administration.

Regulatory policies could change. We’ll figure out where the opportunities are and if an opportunity presents itself, we will go for it,” FDC Chairman Jonathan T. Gotianun said.

The conglomerate brushed aside concerns of oversupply particularly in Mindanao, capex/PAGE 11

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The Unlocked Door Think a minute…This is a true story about a young lady who got so tired of living with her strict parents that she ran away from home.

But she soon found out that life was not easy on her own.

She couldn’t find a job, and it didn’t take long for her friends to get sick of her living off of their kindness so they kicked her out. Well, this young 19-year-old girl got so desperate she decided to start making money by becoming a prostitute.

Years passed. Her father died. Her mother grew older.

And the daughter’s life just got worse and terribly unhappy.

But she still would not write or go home to see her mother.

One day the mother heard that her daughter was seen in a certain part of town, so she went there looking for her daughter. She went to every store and cheap hotel asking to put a picture on their walls.

It was a picture of herself, now a gray-haired woman. Beside her picture was this message to her daughter which simply said: “I still love you! Please come home!”

Months went by and nothing happened. Then one day the daughter who was now very skinny and sick wandered into one of those hotels. You can imagine how

THINK

A Minute

Jhan Tiafau Hurst shocked she was to see her mother’s picture on the wall of that dirty, cheap hotel. As she read her mother’s message to her she began to cry.

That night she started walking the many miles back to her home. It was early in the morning when she finally arrived at the front door of her parent’s house. She began to knock but the door was already open. Afraid that someone had broken into her parent’s house, she ran inside and woke up the sleeping old lady and told her she had finally come home. Mother and daughter began to cry as they held each other. The daughter said: “I thought someone had broken open the door!” But the mother shook her head and answered gently: “My dear, from the hurst/PAGE 11

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Europe and Donald Trump It seems that Donald Trump’s foreign policy for European politicians is just “a scary mess”. This speech, meant to assuage America’s allies worried about a possible Trump presidency, backfired badly. It left European observers stunned, nauseous and alarmed.

In an apparent effort to tone down his inflammatory rhetoric and appear presidential, Donald Trump refrained from repeating the controversial proposal that had originally catapulted him in the media spotlight and made him a darling of right-wing zealots in the US and abroad. His promise to build a wall along the border with Mexico did not feature at all in what was billed as the Republican front-runner’s major foreign policy address.

In fact, Trump did not even mention Mexico or Mexican immigrants, which he had insulted incessantly during his presidential campaign once in his 3,496-word speech.

Instead Donald Trump, reading from a teleprompter - presumably intended to prevent him from veering offscript on a topic he has shown to have little knowledge about - tried to lay out a coherent foreign policy. It did not work!

Donald Trump did speak in full sentences, did not insult anyone and did not brag about his personal success and wealth. But that alone does not make a coherent foreign policy platform.

That is because the content of his speech did little to

assuage worries about a Trump presidency. Essentially, his foreign policy speech was a repetition of his populist mantra “Make America great again/America First” coupled with a laundry list of contradictions and vague promises like these: Trump told Washington’s partners that “America is going to be a reliable friend and ally again” only to threaten to leave them high and dry should they not cough up more money for their own security in NATO and generally follow America’s lead.

Tr u m p w a n t s t o reconfigure NATO and force allies to pay more. Trump repeated his statement that he would get rid of the “Islamic State” terror group very quickly, preferably with the help of Middle Eastern countries, but again failed to give any specifics. Trump threatened again to launch trade wars to create new or renegotiate existing trade agreements that are favorable to the United States, again without offering any details how and why US’ trading partners might be willing to agree to such deals.

European observers (and count me in as German national!) were shocked by what they heard from Trump on foreign policy. “I came away, I must confess, with a vague sense of nausea,” said Federiga Bindi, who holds the Jean Monnet Chair in European Political Integration at the University of Rome Tor Vergata. “Trump is the ultimate populist, he managed to mix elements

of America-ueber-alles, ultra-pacifism, acerbated militarism and gawkiness.”

“I am European, and I heard the American version of Le Pen, Orban and other European populists who want to make us believe that working together through pooling sovereignty is the source of all evil,” said Josef Janning, head of the Berlin office of the European Council on Foreign Relations.

“As a student of US diplomatic histor y, it is profoundly troubling and disturbing to hear someone who is very likely to become the Republican party’s flag bearer in the elections refer often and forcefully to America First, which by all accounts represents one of the darkest moments in American populism as it applies to international a f f a i r s ,” s a i d Vi n c e n t Michelot, a political science professor at Sciences Po University in Lyon.

Trouble for Europe? A big Yes! If Trump’s speech was envisaged as an effort to rebuild bridges with the Republican Party’s foreign policy establishment which had blasted the candidate in an open letter last month, that also did not work, said Matthew Kroenig, a national security scholar at Georgetown University and a foreign policy advisor for Mitt Romney’s 2012 presidential campaign.”If this was meant to be a serious foreign policy speech, it did not deliver,” said Kroenig.

“If anything, this speech should make us more, not

H ave M y Say

Klaus Doring

less, concerned about what a President Trump’s foreign policy would look like.”

For Europe specifically, noted Janning, the unilateralism and America first rhetoric espoused by Trump could mean “a lot of trouble for Europe as it may prompt US interventions in the Islamic world which will fail or have serious after effects.” Janning’s French colleague Michelot was “alarmed and disheartened” by what he heard from the Republican frontrunner.

But for Michelot at least, Trump’s remarks ser ved an - unintended - positive purpose: “The speech also represents a confirmation that barring some catastrophic event in the summer or early fall, the next president of the United States will be a woman.”

Asia and Donald Trump?

Another story - or the same? +++ Email: doringklaus@gmail. com or visit www.germanexpatinthephilippines.blogspot. com or follow me in Facebook or Twitter.

Lui did “PUSH”, and God made her a lawyer LIFE’S INSPIRATIONS: “…

Trust in the Lord with all your heart, and lean not on your own understanding. In all your ways acknowledge Him and He will make your path straight…” (Proverbs 3:5-6, the Holy Bible).

-ooo LU I D I D “ P U S H ”, AND GOD MADE HER A LAWYER: “Thank God in the Name of Jesus” is an expression of gratitude that my wife, former Judge Angelina Domingo Mauricio, and I won’t tire of saying, perhaps for the rest of eternity, as it a recognition of God’s grace and generosity in allowing our only child and daughter, Maria Luisa Dominique Domingo Mauricio, to pass the 2015 bar examinations in the company of some 1,700 or so other new lawyers.

Lui is now, by the grace of God, a full-pledged lawyer after her first try at one of the toughest bar examinations recorded in the history of the Philippines, but this happened only after she literally stormed the heavens with all kinds of prayers and petitions, and by her tireless visits to many churches and places of worship almost everywhere.

Indeed, Lui did “PUSH”--which is to say, she “prayed

until something happened”.

She also publicly sought the intercessory prayers of Catholic priests and Christian pastors, and even of other religious and spiritual leaders, and of her family and friends, literally placing herself at the mercy of Jesus, our God and Savior, in her quest for her place under the sun as a brand new lawyer.

-ooo LUI PURSUES LAW CAREER WITH OSG: And, yes, marvelously and wonderfully, God truly answered Lui’s prayers, and He made her realize her lifelong dream of becoming a lawyer, like her mother, the Judge (I call my wife “Judge” whether we are at peace with one another, or are engaged in spats or quarrels common to ageing spouses), and myself, and her Tita Marisa (my sister) and Tito Leny (my brother) and Tita Irene (Leny’s wife).

The distinction here that I am also thankful about here is that, like my wife and I, and like Leny and Marisa, we all studied law at the University of the Philippines College of Law in Diliman, Quezon City, where the norm is to “not only to teach law or to make lawyers” but to “teach law in the grand manner and to make great lawyers”.

The only difference here is that, while my wife and I are now both in the private practice of law, managing and directing our own law firm, Lui decided to be with the government early on, particularly with the Office of the Solicitor General courtesy of her professor, Solicitor General Florin Hilbay, who got her in even before the bar exams results were released last Tuesday, May 03, 2016.

-ooo SO, “PUSH” FOLKS: To anyone who, like Lui, is aspiring for something, therefore, let me share this piece about the power of prayer once more.

Read on: “Prayer is the answer to every problem in life. It puts us in tune with Divine Wisdom, which knows how to adjust everything perfectly.

So often, we do not pray in certain situations because from our standpoint, the outlook is hopeless.

“But nothing is impossible with God. Nothing is so entangled it cannot be r e m e d i e d . No h u m a n relationship is too strained to bring about reconciliation and understanding. No habit so deep-rooted that it cannot be overcome. No one is so weak that he cannot be strong.

“No one is so ill that he cannot be healed. No mind is

K akampi

Mo A ng Batas

Atty. Batas Mauricio so dull that it cannot be made brilliant. Whatever we need if trust God, He will supply it. If anything is causing worry and anxiety, let us stop rehearsing the difficulty and trust God for love, healing and power.” Once more, with feeling I say, thank God in the Name of Jesus! May God be glorified everytime!

-ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 HOURS a day, in the Philippines and the world at www.facebook. com/angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

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Artists of all ages learn art the easy way with Artsada and Intelex

Artsada Kagay-an and YAHSHUA Intelex graciously ends its first batch for its summer art project aptly named “Learn Art the Easy Way” at the Activity Center of Limketkai Mall. This is one of the culminating activities of the summerlong workshop, which is the first leg of the YAHSHUA Intelex ULTIMATE SUMMER BRAINFEST; covering Math, Music and Art trainings. “Learn Art the Easy Way” is a

partnership with Artsada Kagay-an, an assemblage of Cagayan de Oro’s finest artists of all ages.

Like the art instructors, the aspiring artists who have participated in the workshop, come from different walks of life – and of all ages. The workshop has creatively covered the extreme ends of age spectrum for the artistparticipants; where the youngest is a 3-year-old girl and the youngest-at-heart is the 83-year-old mother of

no less than events aesthete Bambi Bartolome-Fabian.

This goes to show that it is never too early or too late to “Learn Art the Easy Way”.

The event was graced by the management of YAHSHUA Intelex; Ptr. Ron Bayron, CEO; Dr. Ruth Bayron, VP, and Mr. Leonil Bagayna, Art Instructor for Intelex and Artsada Kagay-an’s Secretary; joined by fellow Artsada representatives; Ms. Kristie Sabanpan, Secretary; June Murcillo and other

members.

Presently, there are at least three known summer art workshops in Cagayan de Oro City. This is a very good sign that the patrons of art in its many forms are growing in numbers.

To set “Learn Art the Easy Way” differently from the other art workshops, it was created as one of the three programs in the ULTIMATE SUMMER BRAINFEST. The BRAINFEST program is designed to make tough

tue-wed|may 3-4, 2016

disciplines; Math, Music and Arts, a little easier than traditional training. One of the art graduates admitted that though his journey in learning art this summer was a bit challenging, the method and guidance of the instructors made it easier.

Thus “learning Art the easy way”. This technique is also applied in Intelex Math and Music trainings.

It is a technique based on the scientific premise that the brain is basically tissue – like muscle, it grows stronger with practice.

When people learn new ways to study, the brain changes and grows.

This is the exciting fact of science, which YAHSHUA Intelex has employed in its trainings

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for almost four years and counting. The training has seen conversion of kids who do not like Math – to kids who are confident in Math, thereby improving in school performance, even with other subjects. Together with Artsada’s assembly of accomplished artists, who have been generously active in the art scene for six years, “Learn Art the Easy Way” has impressively UNLEASHED the creative BRAIN POWER of these new aspiring artists.

For a new batch of aspiring artists, “Learn Art the Easy Way” is currently accepting registrants. The second batch will run from May 2 – 27, 2016 at the Activity Center, 2nd Floor of Limketkai Mall.

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Environment

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El Niño – A Challenge to Overcome; A Call for Solidarity

Staggering lack of water supply, cracked dry farm grounds, and almost dried up rivers – these are but a few scenarios of the ongoing El Niño phenomenon here in Zamboanga City. We have been experiencing this drought since January of this year but the situation seemed to worsen as months went by. As part of Silsilah Dialogue Movement’s advocacy to spread awareness of what is happening in our environment, the 37th Kapihan sa Silsilah focused on this particular issue with the theme: “El Niño in Zamboanga: Situations and Solutions, A Call to Solidarity.”

Held in the afternoon of April 22, the 37th Kapihan was attended by representatives from both local government and non-government

organizations in the city. Educators from different schools and universities were also well represented.

Participants listened intently as speakers from the Zamboanga City Water District (ZCWD), Zamboanga City Planning and Development Office, and Western Mindanao State University shared the present status of El Niño in the city and the concrete steps each of these concerned institutions are taking to provide solutions to the many problems brought about by this phenomenon.

Most obvious of these resulting problems are the even worsened lack of water supply and the impact to the agricultural sector of the city. Tantamount to these concerns are the many other implications

such as economic losses due to damaged crop productions and the health hazards to the majority of the populace.

Representing Zamboanga City Water District, ZCWD Assistant Manager, Engr. Arnulfo Alfonso shared to the body the present status of Zamboanga water supply and the data showing the effects of draught starting early this year up to the present month. Pictures of the water level in the different water reservoirs in the city spoke for themselves.

The first few months of this year saw the lowest percentage level of water for the past four years.

The short term solution ZCWD is taking, Engr.

Alfonso said, is the water rationing. Mobile tanks go on a daily

schedule to barangays and area where water supply through pipes could no longer reach.

Despite this effort, Engr.

Alfonso admitted that the whole problem was not addressed. For this reason, ZCWD with some interventions coming from the local government entered into an agreement with Manila Water, a private company, to improve the city’s water supply by devising Non-Revenue Water (NRW) reduction.

This projected solution started early this year by pipe laying activities that are still going on.

Thru this, Engr. Alfonso said that the city’s water supply will have a progress in the years to come. Yet, having said this, Engr. Alfonso was convinced that human interventions concerning water conservation and environmental care still play a large role should we desire a lasting solution to the problems.

Given a bigger role to lead in looking for solutions to the problems caused by this draught, the city government of Zamboanga laid out contingency plans and actions for the city.

Being knowledgeable of the proceedings taken by the city government, Ms. Ofelia Despalo showed to the body some helpful information about

the feasibility studies conducted early this year and some concrete steps in response to the problems we are continuously encountering.

She presented a comprehensive plans and targets for the situation. Economically, the city is really affected by the agricultural impact of drought.

Millions worth of damages and loses were recorded. To address this, the city government conducted the following activities such as Provision/ Utilization of Water Pumps; Distribution of free seeds of rice varieties adaptable to saline, drought, and f lood prone areas; Provision of City Calamity Assistance targeting agricultural supplies, water pumps, etc.; PAG-ASA, DOST, City Government & ZCWD Coordination/ convergence for Cloud Seeding Operations February 15 – 28, 2016.

Despite the fact that El Niño is a natural phenomenon, Ms. Despalo pointed out that Climate Change had affected much to its impact.

The last speaker to present that afternoon was Mr. Noel Salatan, a faculty member of Western Mindanao State University, College of Forestry. While much of the presentations of the preceding speakers were

focused on data status and solutions conducted by each institution, Mr. Salatan shared the scientific background of the phenomenon itself. He pointed out the triggering human factors that affected the environment in a large scale. Everything that happens in nature is interconnected. He affirmed that climate change really plays a role in what is happening.

The continuing industrialization without concern to the environment worsens the situation. Much to his surprise, people nowadays don’t seem to care for trees. He then encouraged the body to ref lect on an integral ecology where each individual cares for his/ her relation with the environment.

Do we consider this present reality? It is with hope that as we experience the lack of this fundamental need of human life, we also consider acting as responsible individuals who care for the future generations who will inherit this world from us. We can start by doing little acts of love – plant more trees, conserve water, avoid burning garbage, and start garbage segregation. Let’s be in solidarity not only among ourselves, but also with our environment, the Earth – our common home.

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Banking&Finance

Peso to be on defensive ahead of May 9 polls – economist

T

HE Philippine peso is seen to stay on defensive mode until the May 9 national elections, an economist of ING Bank Manila said.

ING Bank Manila senior economist Joey Cuyegkeng said the performance of the peso depends on the developments ahead of the elections on Monday. ”History is not a good benchmark for that,” he told reporters after the joint economic briefing of the ING Bank and the Economic Journalist Association of the P h i l i p p i n e s ( E JA P ) a t Makati Shangri La Tuesday.

On Monday, the peso

closed at its two-month low against the greenback at 46.96.

At the end of Tuesday’s morning session, the local unit’s weighted average stood at 46.98.

Cuyegkeng said investors are considering t h e p e s o t o we a ke n t o as much as 47.50 due to election-related concerns. ”It all depends on what happens from now until the elections,” he said.

The economist said another poll-related survey that is scheduled to come out will play a major role in people’s choices.

“The pulse of the people on the ground is gonna be

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very important until the next few days. The outcome is gonna be very import,” he said. ”In the meantime

t he p es o wi l l gonna b e defensive and will continue to u nd e r p e r for m ot her A s i a n c u r r e n c i e s ,” h e added. (PNA)

SSS expects to collect P5.1 B while cutting disaster-hit borrowers slack

BSP, AMLC deny supplying info on Duterte’s account

saying in a statement.

Both payment schemes offer condonation of loan penalties, she added. The one-year availment period started April 28.

In particular, the program gives delinquent memberborrowers a chance to regain their good SSS standing and enjoy SSS benefits and privileges in the future, such as renewing their SSS loan six months after they have fully paid their overdue principal and interest under the LRP, the fund said.

“Members cannot avoid paying their overdue SSS loans since these are deducted from final benefit claims such as retirement, total permanent disability, and death, with any delay in payments [leading] to accumulation of interest and penalties,” Ms. Ocay added.

Apart from installment payments, the borrower can also opt to pay the outstanding principal and interest in full. For both schemes, SSS shall waive all the loan penalties after the member has completed paying the restructured loan.

SSS said the LRP covers short-term SSS loan programs

THE Bangko Sentral ng Pilipinas (BSP) and the AntiMoney Laundering Council (ALMC) denied being the source of the documents and information on the bank accounts of Davao City Mayor Rodrigo Duterte, BSP officerin-charge Vicente Aquino said in a statement issued on Monday (May 2).

Aquino didn’t not identify Duterte by name. But he issued the statement on the same day that Sen. Antonio Trillanes IV, a vice presidential candidate, met with Salvador Panelo, Duterte’s lawyer, at the Julia Vargas branch of the Bank of the Philippines Islands (BPI).

Last week, Trillanes dared Duterte to sign a waiver on the Law on Secrecy of Bank Deposits so that people could look into his bank accounts. Earlier, the senator had revealed that Duterte had an account at the BPI Julia Vargas branch, which allegedly had P211 million.

On Monday, Panelo, carrying a special power of attorney given by Duterte, asked the branch to release the outstanding balance of Duterte’s account, not the account/PAGE 11

THE SO CIAL S e c ur ity System (SSS) expects to collect P5.1 billion in overdue loan payments through a new payment scheme for about half a million members residing in calamity-stricken areas.

The state-run fund said, under its Loan Restructuring Program (LRP), members with past due calamity loans and other short-term loans to those who reside or work in calamity areas -- as declared by the National Disaster Risk Reduction and Management Council (NDRRMC) or the national government -- can clean up their overdue loan principal and interest in full or by installment under a restructured term depending on their capacity.

“The LRP is in response to the widespread clamor from individuals and organizations to alleviate the burden of calamity-stricken workers, who face difficulties in paying their SSS loans after suffering from natural and man-made disasters that have devastated our country in recent years,”SSS Assistant Vice-President for Member Loans Department Boobie Angela A. Ocay was quoted

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including the Salary Loan, Salary Loan Early Renewal Program (SLERP), Emergency Loan, Calamity Loan, VocTe ch L o an, Y2K L o an, Investments Incentive Loan, Study Now Pay Later Plan, and the previously offered Educational Loan, which is different from the ongoing E ducat iona l Assist ance (Educ-Assist) Loan Program.

Stock Investment, Privatization Fund, and EducAssist loans, meanwhile, are excluded from the LRP. To qualify, the loan must be past due for at least six months, and the member must be living or working in a de clare d ca lamity area as of the date of the disaster, attested through an Affidavit of Residency.

Members granted any final benefit claim prior to the LRP availment period and those who committed fraud against the SSS are disqualified from the program.

Borrowers, however, can only avail of the LRP once, with application to be filed at any SSS branch.

“The LRP covers calamity loan borrowers in the 1990s following the Mt. collect/PAGE 11

Summer dance workshoppers from Dreamboard belonging to the first batch hold their recital last Saturday at Limketkai Events Center.

The second batch of workshop, which includes music lessons, will be held throughout May at Axis Gym in Cagayan de Oro City.

Believe and explore the new you! Bring a friend and double the fun! For more information, please contact 09266188144 or 09292747247.

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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

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

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

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

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

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

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

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

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

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

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RESORTS, HOTEL & RESTAURANTS DIRECTORIES

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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

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Pre-Earth Day concert held Story by MARK FRANCISCO

THE Archdiocese of Cagayan de Oro Ecology Care Ministry in partnership with Centrio, Department of Environment and Natural R e s ou rce s ( DE N R) 10, Climate Change Congress of the Philippines and the City Local Environment and Natural Resources Office

(Clenro) presented Harana Para Kay Ina, an acoustic jam for the planet in connection with the upcoming Earth Day 2016, last Sunday at Centrio Garden.

The bands which performed that evening were ACDO Ecology Artists, The Right Stop, Zee, Dodu

Abriio, Cookies & Cream, No r t h e r n S p a r k s , B u t Karma Kills, 4th ID Band, Memoronnie, Estilo, Rage of Laura, Grupong Laya, Bloodflowers, Glennfalse & Thony and Escapo.

It was ecology musician Dodu Abrio who organized and encouraged his fellow musicians to participate in the event. During the

c onc e r t , he p e r for me d Kalikasan with the following lyric //Kalikasan ay alagaan Kalikasan ay pasalamatan Kalikasan Inang Kalikasan Ang ating yaman// Dodu Abrio continues his advocacies and encourages fellow musicians in Cagayan de Oro to engage in any advocacy events like this.

GSIS accepts applications for enhanced college scholarship program State pension fund Government Ser vice Insurance System (GSIS) announced that applications for the enhanced GSIS Scholarship Program (GSP) are being accepted until June 10, 2016.

For Academic Year (AY)

2016-2017, GSIS made several enhancements to further improve the program.

The number of scholars was increased from 200 to 400.

Aside from shouldering the actual cost of tuition and miscellaneous fees not

exceeding Php40,000 per academic year, GSIS has also raised the scholar’s monthly allowance from Php2,000 to Php3,000.

In addition to children and dependents of active GSIS members, GSP’s coverage has now been extended to

children of permanent total disability (PTD) pensioners below 60 years old.

GSP is no longer limited to incoming college freshmen but also welcomes those in higher college levels, a new feature of the program gsis/PAGE 11

Medical Society Week at The SM Store Philippine Medical Association (PMA) and Philippine Nurses Association (PNA) Misamis Oriental Chapters are The SM Store’s Organizations of the Week on May 9 to 12, 2016.

With this, doctors and nurses are entitled to a 10% discount with a minimum P1,500 singlereceipt purchase on regular-priced items.

Simply present PRC ID or Hospital ID with SM Advantage, SM Prestige, BDO Rewards or Mom card to avail the promo.

Exclusive discount is extended to hospital employees with valid IDs. For non SMAC members, be an instant member for only P150.00. SM Advantage Card is available in all Cash or Charge Counters inside The SM Store.

For inquiries, please call Marketing Department thru 859-1188. #TheSMStoreCDO

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Feature 9 World Bank, ADB, DSWD Discuss Capacity Building in Region 10 2013 ppi’S Best in Business and Economic Reporting

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KOLAMBUGAN, Lanao del Norte – World Bank and Asian Development Bank (ADB) meets with the Department of Social Welfare and Development (DSWD) to discuss on-going and future capacity building activities for the Kapit Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services - National Community Driven Development (Kalahi CIDSSNCDDP) staff in the region,

particularly in Kolambugan, April 27-28, 2016.

Wo r l d B a n k representatives Ms Corrine Canlas, Mr Manoj Kumar Nath, Ms Sophie Grumelard and Ms Marife Bacate, ADB represented by Mr Ameludin P. Bualan along with Kalahi-CIDSS Island Cluster Manager Ms Elise Sogo-an facilitated several Focus Group Discussions (FGDs) with the KalahiCIDSS Area Coordinating

Team (ACT), Municipal Coordinating Team (MCT), and Municipal Inter Agency Committee (MIAC) members of Kolambugan in the town’s session hall. The second session held in Pearlmont Hotel, Cagayan de Oro City facilitated FGDs with regards to the implementation of the capacity building efforts by the Kalahi-CIDSS regional staff and the status of the peace lens endeavors in the province of Lanao del Norte.

Department of Social Welfare and Development (DSWD) – Kapit Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services – National Community Driven Development (Kalahi CIDSS-NCDDP) Community Empowerment Facilitator Dexie Lou M. Puno answers queries from the World Bank and Asian Development Bank panel during the mission activity for capacity building in Kolambugan, Lanao del Norte, April 27, 2016. World Bank is represented by Ms Corrine Canlas, Mr Manoj Kumar Nath, Ms Sophie Grumelard and Ms Marife Bacate, ADB represented by Mr Ameludin P. Bualan along with Kalahi-CIDSS Island Cluster Manager Ms Elise Sogo-an. Photo by Shaun Alejandrae Yap Uy, DSWD

Trainings are facilitated for capacity building so that volunteers will be better able to contribute to their country’s development goals.

Kalahi-CIDSS aims to e mp owe r c om mu n it i e s through participation in decision-making in ways that will improve their skills, strengthen their sense of responsibility and human dignity, to use community projects as a vehicle to promote representation,

accountability and reduce poverty, and to strengthen the linkage between communities and their local government units.

Ko l a m b u g a n May o r Lorenzo V. Mañigos said “Kalahi-CIDSS paved the way towards empowering local communities, improving l o c a l gove r n an c e , an d re du c i ng p ove r t y. T he amazing achievement brought about by KalahiCIDSS in every municipality,

especially Kolambugan, is a great evidence of the principle of community driven development, the involvement, cooperation, teamwork and most of all volunteerism. I optimistically dream that regardless of educational background – once a community resident is given the chance to develop their potential through c ap a c it y bu i l d i ng t h at certain person will bloom discuss/PAGE 11

World Bank representatives Ms Corrine Canlas (center), Mr Manoj Kumar Nath (right) discusses certain aspects of the importance of capacity building to the staff and community volunteers of the Department of Social Welfare and Development (DSWD) – Kapit Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services – National Community Driven Development (Kalahi CIDSS-NCDDP) while Asian Development Bank representative Mr Ameludin P. Bualan (left) looks on during the mission activity for capacity building in Kolambugan, Lanao del Norte, April 27, 2016. Photo by Shaun Alejandrae Yap Uy, DSWD

EARTH DAY 2016

FDC Misamis rehabilitates Pugaan River Earth Day 2016. Together with its stakeholder partners, FDC Misamis Power Corporation leads the clean-up drive and bamboo planting at Pugaan River. A total of 98 volunteers recently joined in this environmental initiative as part of FDC Misamis’ commitment to the “Adopt-an-Estero/ Water Body Program (AEWBP).” Left photo shows volunteers from the Sectoral Monitoring Team as they participate during the bamboo planting activity. FDC Misamis 405-MW CFB coal thermal plant is scheduled for commercial operations within the year.

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2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

tue-wed|may 3-4, 2016

El Niño... from page 1

P2.3 billion,” said Mary Grace Sta. Elena, chief of Regional Agriculture and Fisheries Information Division of DA. Sta. Elena said that based on the reports from their field teams the drought had affected 6.946 hectares of rice fields, 28,893 has of corn, 844 has of cassava, and 4,272 has of high value crops like vegetables, fruit trees and bananas as of April 28.

Lealyn A. Ramos, DA 10 regional director, said in a statement that P177 million from the Quick Response Fund will be released to the provincial governments through the Provincial Agriculture Offices.

“The funds will be downloaded to the provincial government, who, in turn, will allocate the assistance to the municipalities under their respective provinces. The LGUs are given the authority to do the procurement process of the seeds for rice, corn and vegetables and pump and engines for distribution.

“However, the pumps and engines are given only to farmer associations or to LGUs as common service facility, wherein these could be borrowed by group of farmers based on priority needs. In addition, an LGU has to liquidate the funds they will receive based on the usual accounting and auditing rules not later than August 2016,” Ramos explained.

According to the data from the DA-Regional Field Office 10, the province of Bukidnon will receive P128,949,273, Lanao del Norte P24,121,552, Iligan City P2,109,724, Misamis Occidental, P6,675,449, Misamis Oriental P11,234,200, Cagayan de Oro P2,055,092.00 and Camiguin P1,325,961.

“The DA has already set in place 58 units water pump and engines with complete accessories, of which 16 units were given to the province of Bukidnon, 2 for Camiguin, 16 for Lanao del Norte, 13 for Misamis Occidental and 11 units for Misamis Oriental.

In addition, 71 units are now on procurement stage which will be distributed to the following provinces: 17 for Bukidnon, 3 for Camiguin, 18 for Lanao del Norte, 18 for Misamis Occidental and 15 for Misamis Oriental.

The affected farmers can also avail assistance from the LGUs through their calamity fund. The provincial governments are now on the process of determining the amount intended for recovery and rehabilitation of crops and livestock in their respective provinces that would be distributed to the affected municipalities,” Sta. Elena added.

She assured a team from their office will check if the assistance has reached the beneficiaries.

DA 10 will release the fund only after the May 9 elections.

Control... from page 1

Edgardo A. Micayabas, chair of the Cooperative Development Council-Cagayan de Oro (CDCCDO) that counts 160 member cooperatives with about half a million individual members, said the group’s long-standing proposal has received support from Rep. Rufus B. Rodriguez, who is running for city mayor in the May 9 elections.

“What we are doing is empowering our consumers because all of them will automatically become cooperative members,” Mr. Micayabas told the local media last week following the signing of an agreement with Mr. Rodriguez that the proposal will be pursued should he win.

Mr. Micayabas said incumbent Mayor Oscar S. Moreno, who is running for reelection, has been non-committal on the possible change in COWD management.

“In his written reply to our letter, the mayor (Moreno) said there is a need for a discussion first among us on the matter. But Congressman Rufus has stated that he is ready to support our move immediately,” Mr. Micayabas said.

COWD is currently run as a government-owned and controlled corporation (GOCC) under its charter, but the city government has a say in the appointment of the board of directors.

Meanwhile, a COWD official said over the weekend that as government employees, they would rather not comment on the CDCCDO proposal.

“We merely follow our mandate.

If the law states that we are a GOCC, then so be it. If the law states that we must be a private corporation, then so be it. If the law states that we must be a

cooperative, then so be it,” COWD Assistant Manager Bienvenido V. Batar, Jr. said when sought for comment.

At the same time, Mr. Batar asserted that water districts as GOCCs have been proven to be the most efficient mode of water delivery in the country, whether in the urban or rural areas.

COWD has a pending P454 million from the Development Bank of the Philippines (DBP) to address its NRW through system repair and upgrade.

The release of the loan will depend on results of a 20-month study being conducted by a team supported by the United States Agency for International Development.

The study, which includes investigating illegal taps, started in November last year.

Marcos... from page 1

from the ruling Liberal Party. Aside from his “Solid North” bailiwick in the northern Luzon regions, Marcos is also ahead in Metro Manila, the country’s premier region.

Political observers said Malacanang’s efforts to put down Sen. Marcos’ vice presidential campaign has apparently backfired on Pres. BS Aquino.

In terms of generations, the second-term senator’s lead is most solid among those in the 30-45 age bracket, better known as the “martial law babies” who grew up under the authoritarian regime of Marcos’s father and namesake.

He is seen to concentrate his final campaign week salvo on the Visayas and Mindanao regions, where his rivals Robredo and Sen. Alan Peter Cayetano, respectively, are currently on top.

Political analysts said Aquino has recently gone on an offensive to derail the Marcos campaign.

Taking the cue from the other vice-presidentiables, he has trained his sights on the excesses of the martial law era, notably the issues of massive corruption and human rights violations which were prevalent then. But instead of making a dent, Aquino’s accusations have further bolstered Marcos’ popularity among the lower classes as well as factions of the upper and middle classes disgruntled at the failure of the incumbent

administration to deliver basic services.

It has been said by Aquino’s detractors that blunders of Aquino’s Cabinet have also become the focus of voters’ disenchantment, particularly those committed by the so-called “Tres de Alas” or 3 aces composed of Agriculture Sec. Prosie Alcala, Budget Sec. Butch Abad and Transportation Sec. Jun Abaya, with Aquino himself being the 4th ace. Their litany of sins includes the Luneta hostage crisis, DAP/PDAF scandal, LTO/BOC schemes, Zamboanga siege, Yolanda rehab mishandling, Mamasapano massacre, MRT breakdowns, NAIA “tanim-bala” scam and the latest Kidapawan carnage.

Aquino’s detractors have threatened to file cases against him as soon as he steps down on June 30. On the other hand, many voters have come to the conclusion that his anti-Bongbong tirades are just ploys to prolong the family feud between the Aquino and Marcos clans.

Local... from page 1

But the three political organizations differ in their strategies to fulfill the promise of a public facility deemed to improve access to mental health services for the city’s population of almost 700,000, who are living in communities that bear the brunt of mental health disorders, some of which are drug-abuse related.

Liberal Party: Access to mental health services as top priority social service During a radio debate this month, lawyer Edgar Cabanlas, a city councilor who is running for Congress representative in the second district, crowed that “building a mental health facility is top priority under social services” for the LP. Cabanlas was first to respond to a question posed by Satur Elumba, parish priest of the Metropolitan Cathedral of St. Augustine and the city church’s director of social action. Elumba asked the candidates’ word on what he described as “a barely visible, rarely-talked about but nevertheless a present problem besetting the city.”

Cabanlas further said that the local LP envisions a mental hospital that will rehabilitate drug dependents and also treat the

mentally challenged. “This is a big problem, I agree. I have seen the detention cell for those mentally deranged, er, mentally challenged and there are five to six per cell and it is very difficult as they would quarrel within the crowded space,” he recalled.

LP standard-bearer Mayor Oscar Moreno relinquished the chairmanship of the Local Government Codemandated Local Health Board (LHB) in January last year, and appointed his cousin Dr. Ramon Moreno, NMMC director, as LHB chair instead.

For the city’s mental health advocates, the move was fortuitous as Dr. Moreno was keen on implementing the WHO Mental Health Gap Action Program (mhGAP), an intervention strategy developed for low- and middle-income countries to scale up access to mental health services by the poor even in settings without medical specialists.

Dr. Ed Tolentino, former president of the Philippine Psychiatry Association, reported at an ASEAN conference that, in the Philippines, there is barely a single psychiatrist for every population of 100,000 (ratio of .69 psychiatrist per 100,000). In Cagayan de Oro, there are only four psychiatrists serving a population of almost 700,000. The psychiatrists further serve the wider Northern Mindanao population of more than four million.

Dr. Moreno also pushed for a mental health committee whose membership included multi-sectoral stakeholders including persons living with mental disorders and family members. Among the stakeholders were members of the group Mental Health Advocates, who drafted a program that is mhAP-informed and community-based. The mental health program’s features include barangaybased research and trainings for non-specialists, including barangay health workers and midwives, nurses and medical general practitioners on basic interventions for common mental health and neurological conditions.

In November last year, Mayor Moreno sought the LHB’s endorsement to build a facility on a city-owned 10-hectare area on the borders of Barangays Puerto and Mambatangan, with funding from the DOH’s sin tax’s bonanza. His cousin Dr. Moreno was more keen on focusing financial and technical support to HOHFI, which the city government has been supporting since 1998 with a yearly P300,000subsidy, plus the salaries for three psychiatric nurses and monthly rice supply.

Teddy Sabuga-a, city social work and development officer and a member of the technical working group, stressed that there won’t be any conflict between the mayor’s plan and the HOHFI. “The city-run facility will be for those suffering from severe and acute episodes while the House of Hope is custodial,” said Sabuga-a. According to the DOH licensing division, mental health facilities are classified into services for acute/chronic or custodial. The former services clients who are suffering from the acute episode or severe symptoms of a mental disorder while

custodial facility provides long-term but temporary shelter, food, clothing and medicines.

Padayon Pilipino Party: ‘A locally run mental health facility’ Padayon Pilipiino’s Ramon Tabor, also a congressional candidate for the second district told listeners during the same radio debate that he is aware of the mental-health concerns. ‘’It is within our party’s radar as everywhere and every time we go campaigning house-to- house, there is always someone who would ask if there is a plan to build a public mental-health facility,” he said.

Tabor emphasized that the hospital should be “purely specializing in treating mental cases, and situated in a far place, to give opportunity for patients to be rehabilitated.”

Like the other candidates from the CDP and LP, Tabor thinks the initial capital for the hospital can be sourced from the DOH. ‘’And before all these, there has to be a study, we must dig deeper why – let’s see – is this because of drugs? Poverty?

Social Problems?

“I mean, the solution to this problem is not merely a hospital. We have to create a holistic approach that will address the present problem of our city,’’ Tabor stressed.

As one of the PPP’s campaign managers, councilor and LHB member Dante Pajo told MDN that his party is all for the construction of a mental hospital that will be built with local funds and managed locally. ‘’And why not? We have the resources. The city government can afford it and the Local government Code mandates the devolution of health services.’’

He reminded MDN that mental health has been a concern of the PPP patriarch Vicente Emano, who is seeking for re-election as mayor.

“It was during the administration of Emano in 1998 that an ordinance institutionalized the support for the House of Hope,” said Pajo. ‘’It was a partnership that worked well. Another ordinance pushed for funds to construct the first building to house the first batch of clients,” he added.

Pajo further recalled that under mayor Constantino Jaraula, also a PPP stalwart, the city, together with the Rotary Club, spearheaded the pipework that assured water supply from the local water district system for HOHFI in 2009. He further assured that an Emano-led administration won’t abandon the HOHFI. ‘’Even if we will construct our own public mental hospital, we will see to it that we continue to support the House of Hope. We will even increase the subsidy. ‘’After almost 20 years, it is high time we increase the funding for the House through an ordinance amending the previous one. But first, we have to make sure Mayor Dongkoy gets elected as mayor again. Foremost in our agenda in Dongkoy’s re-election. All the rest will fall into place,’’ Pajo said.

(Editor’s note: This reportage is made possible by a grant from the Philippine Press Institute (PPI) to BusinessWeek Mindanao contributing reporter Lina Sagaral Reyes.)

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC CCE-0016-2016 R.A. 10172

Date: May 3, 2016

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No.1 Series of 2012 (IRR on R.A. 10172), Notice is hereby served to the public that JUDY B. BONGGOLTO has filed with this Office, a petition for change of first name from “ “ to “ “ and correction of entry in sex from “FEMALE” to “MALE” or correction of entry in the date of birth from “ “ to “ “ in the certificate of live birth of JUDY B. BONGGOLTO at Initao, Misamis Oriental and whose parents are FELIX P. BONGGOLTO and ZOSIMA A. BONGGAT.

Any person adversely affected by said petition may file his written opposition with this Office not later than May 25, 2016

BWM: May 4 & 11, 2016

(Sgd.) ISAIAS A. JARALES Municipal Civil Registrar

BusinessWeek MINDANAO

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

tue-wed|may 3-4, 2016

SanMig... from page 1

If ever, this will be a valuable capacity addition to Mindanao grid which is still expected to suffer from rolling power interruptions until the end of the year.

As earlier assessed by the Mindanao Development Authority (MinDA), power deficit will persist, but electricity supply in the area is expected to improve later this year as new capacities come on-line.

The challenge to Mindanao’s need for capacity addition, however, is seen not ceasing with the ongoing anticipated capacity shoring up. It will need much more power because it has been a briskly growing region economically.

According to Romeo M. Montenegro, MinDA director for investment promotions and public affairs, the region’s “surging electricity demand is driven by rapid growth of industries, real estate, services sector and agribusiness.”

He added that the Mindanao grid will be requiring at least 500MW of new capacity by 2016; another 500MW by 2020; and 1,600MW by 2030.

Montenegro emphasized that Davao alone will need an immediate sizeable capacity addition of 150MW because of flourishing real estate investment expansions in the area.

San Miguel by itself will have huge power supply requirements for targeted locators at its 2,000-hectare industrial estate development in Davao.

The conglomerate has been eyeing beefing up its capacity of roughly 3,000 megawatts, including Luzon power developments bannered by its 600MW Limay power project expansion.

Mitsubishi... from page 3

additional volume can be absorbed by the local market. The company sold 54,087 units last year in what it described as a “record-breaking performance.” It previously said that compared to 2014, sales grew a modest 8% and marked the company’s ninth consecutive annual growth.

Under the program, Mitsubishi expects new jobs because the program would double the company’s work force in the next six years.

“Probably right now we are 900.

That will go up to 1,800. That’s only for us,” he said, adding that more jobs will be created because the program requires car makers to source car parts from local manufacturers.

He declined to give an estimate on the number of jobs that will be created within the car parts manufacturing industry but he said Mitsubishi expects an increase in the number of dealers.

“I think we’re expanding. Right now we’re 48. We’re expanding to around 55 because of CARS and because of the rapid growth of the industry,” he said.

Asked about plans to export the Mirage sedan and hatchback, Mr. Dytianquin said that for now, all locally manufactured cars under the program are targeted for the domestic market.

“Hopefully that (exports) would be something to be considered in the midstream of the program,” he said, citing possible considerations such as quality, cost and delivery that might make overseas shipments a tough target for the company.

He also estimated that by the end of the program, the company should have sourced 50%-70% of the locally made cars from parts sourced from Philippine auto parts makers.

Mitsubishi earlier said that the CARS program was timely as the Philippine economy has a high potential for growth. It also said the average age in the country, at 23 years old, makes its 100 million population a good market for automobiles.

On Friday, Mitsubishi launched the 2016 Mirage, almost four years after its introduction in the market.

The new model is available in GLX and GLS variants with both 5-speed manual transmission (MT) and Continuously Variable Transmission

(CVT).

Suggested retail introductory price starts at P553,000 for the GLX MT, P603,000 for the GLX CVT, P663,000 for the GLS MT and the top of the line GLS CVT is available for P713,000.

Capex... from page 3

adding that a significant amount of the power plant’s capacity has been taken up, Mr. Gotianun said.

FDC continues to explore possible investments in hydropower even as the renewable energy space may be getting “crowded,” he said.

Last year, the power generation business made its first significant contribution to the conglomerate with the initial recognition of electricity sales from its independent power producer administrator contracts with the 40-megawatt (MW) Unified Leyte Geothermal Plant and the 108.5-MW Apo Geothermal Power Plant in Kidapawan City, North Cotabato.

FDC will see its coal-fired facility in Misamis Oriental contributing to earnings this year with the commissioning of all three units of the facility this year, Mr. Gotianun said.

The Filinvest Group plans to “carve out” and put up a separate holding company for its hotel business once it achieves a certain scale, FDC officials said.

“We could raise money, whatever form, so it could be a distinct entity on hotel. We will have to see how things go but first we have to make it substantial,” Mr. Gotianun said.

The company is upbeat it can hit its target to have a network of 5,000 hotels room by 2020, up from over 1,000 rooms last year.

Filinvest is building a thousand hotel rooms across the Crismon, Canvas and Quest hotel brands in Boracay, Mactan, Cubao, Tagaytay and Dumaguete, Ms. Yap said.

GSIS... from page 8

from AY 2016-2017 to AY 20172018, during which the Philippine educational system’s K to 12 program is going through a transition period.

Scholars who will graduate with Latin honors will further receive monetary incentives of Php20,000, Php30,000, and Php50,000 for students who will graduate cum laude, magna cum laude, and summa cum laude, respectively.

Active members who have qualified children or dependents may

EXTRA J UDICIAL SETTLEMENT OF ESTATE WITH SALE Notice is hereby given that the intestate estate of the Late LINDA W. RAYPON who died in estate on September 5, 2015 left certain real property located in Capistrano Street, covered by Transfer Certificate of Title No. T-35014 and another situated in Upper Balulang covered by Transfer Certificate of Title No. T-114961 more particularly described as: T-35014 Lot 820-B-1-E, Psd-10-002003, being a portion of Lot 820-B-1 (LRC) Psd-41373), situated in Poblacion, Cagayan de Oro City. Containing an area of TWO HUNDRED SIXTY FIVE (265) square meters. T-114961 Lot 17, Block 14, of the subdivision plan PSD-10-021044, being a portion of Lot-4-A, Psd-104305-019917.

Situated in the Barangay of Upper Balulang, City of Cagayan de Oro. Containing an area of TWO HUNDRED EIGHTY SEVEN (287) square meters more or less is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH SALE Under Notary Public of ATTY. PALAWAN S. LUCMAN, JR. per Doc, No. 40; Page No. 8; Book No.5; Series of 2016.

BWM: Apr 27, May 4 & 11, 2016

apply for GSP if they are permanent in status in the government for at least three years, have a salary grade of 24 or below (or its equivalent job level), and have paid premium contributions for the last six months.

For PTD pensioners, entitlement shall be determined based on their last compensation prior to retirement.

Dependents may be nominated to GSP if they have been accepted in or are taking up any 4- or 5-year course in a higher education institution that has its own charter or in a school qualified by the Commission on Higher Education as Levels IV and III, autonomous, or has a deregulated status.

Under the enhanced GSP, member-applicants who are single or childless may nominate their dependent who relied on them for support. Previously, only children of members were accepted in the program.

Since last year, GSP has been allotting 10 percent of the total scholarship slots (or 40 slots this year) to dependents of persons with disabilities, indigenous peoples, and solo parents.

Application forms may be obtained from any GSIS branch office or downloaded from the GSIS website, www.gsis.gov.ph.

Launched in 1998, GSP is one of the pension fund’s corporate social responsibility programs that aims to help the deserving and underprivileged earn a college degree from schools that provide quality education.

Inquiries on GSP may be directed to the GSIS Corporate Social Advocacies and Public Relations Facilities Department at 976-4970 or 479-3600 (local 3414).

Hurst... from page 4

day you left I’ve kept the door unlocked.”

You know, it does not matter to Jesus Christ what wrong things you’ve done or how badly you’ve lived. The moment you decide to turn to Him and ask His forgiveness,

He will always accept you and give you another chance. Jesus is the One Who will enable you to start a new life all over again, but this time living His way with Him in charge. He said that’s the only way you’ll ever have real love, peace of mind, and satisfaction that lasts. Just Think a Minute…

Collect... from page 7

Pi n a tub o e ru p ti o n a n d 1 9 90 earthquake, and members with past due short term loans in declared calamity areas after the onslaught of tropical storms and typhoons Ondoy in 2009; Sendong in 2011; Pedring, Quiel, and Pablo in 2012; Labuyo, Maring, Santi, Yolanda, and Agaton in 2013; Glenda, Mario, Ruby, and Seniang in 2014; and Lando and Nona in 2015. Also included are the Zamboanga armed conflict and the Bohol-Cebu earthquake, which both occurred in 2013,” the state pension fund said.

SSS has a member loan portfolio of P66.5 billion as of end-2015, which corresponds to more than 8 million member-borrowers who have benefited from SSS loan privileges.

Account... from page 7

transaction history. The bank asked for seven days, saying it would have to examine the legal issues first as it was an unprecedented request.

So the information would come out on May 10, a day after election day.

Here’s the full text of the statement issued by Aquino: Duterte questioned how Trillanes got hold of information about his accounts.

BPI also denied having leaked information about his accounts.

Following is the complete text of officer-in-charge Vicente Aquino’s statement:’ “We would like to categorically state that the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) are not the source of the documents and information being cited by a vice-

presidential candidate regarding the alleged bank accounts of a certain presidential candidate.

“We assure the Filipino people that the BSP and the AMLC are not engaged in partisan politics and will never allow themselves to be used as a tool for political persecution or harassment, or as an instrument to hamper competition in trade and commerce.”

Discuss... from page 9

and will give his best to become a useful member of the community where he belongs, because learning leads to empowerment.”

To achieve sustainable growth and poverty reduction in developing countries, the World Bank commits resources to building stronger institutions and organizations in client countries. World Bank helps build capacity through a variety of means, including technical assistance, studies, equipment, and training.

The World Bank believes that individuals need trainings so that they are better able to contribute to their country’s

Branch: Don. S. Osmeña St., Fronting Public Market, Cagayan de Oro City NOTICE OF AUCTION Starting May 6 & 7, 2016 (Friday & Saturday) at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since December 2015. Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO Sa Mayo 6 & 7, 2016 (Bernes ug Sabado) sa may 9:00 sa buntag paingon sa alas 5:00 sa hapon, ang tanan nga penirenda nga wala malukat sa bulan sa Disyembre 2015 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.

BWM may 4, 2016 ANG TAGDUMALA GREAT VALUE PAWNSHOP V. Catro St., Carmen, Cagayan de Oro City NOTICE OF AUCTION Starting May 6 & 7, 2016 (Friday & Saturday) at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since December 2015. Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO Sa Mayo 6 & 7, 2016 (Bernes ug Sabado) sa may 9:00 sa buntag paingon sa alas 5;00 sa hapon, ang tanan nga penirenda nga wala malukat sa bulan sa Disyembre 2015 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.

ANG TAGDUMALA BWM may 4, 2016

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region BRANCH 38 Cagayan de Oro City SHERIFF’S NOTICE OF AUCTION SALE EJF File Number 2016-130

OFFICE OF THE MUNICIPAL CIVIL REGISTRAR

NOTICE TO THE PUBLIC CCE-0004-2016 RA 10172

In compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-01, Guidelines in the Implementation of the Administrative Order No. I, Series of 2013 (IRR of RA 10172), Notice is hereby served to the PUBLIC that MARK ANTHONY J. NAVARRO has filed with this Office a petition for correction in the entry of sex from “FEMALE” to “MALE” in the Certificate of Live Birth of MARK ANTHONY JAUDIAN NAVARRO who was born on November 17, 1994 at Poblacion, Naawan, Misamis Oriental and whose parents are ALQUINN R. NAVARRO and MARY JEAN A. JAUDIAN.

Any person adversely affected by said petition may file his written opposition within this office not later than May 2016.

(Sgd.) MARLON S. DACOCO Municipal Civil Registrar

BWM: April 27 & May 4, 2016

EXTRA J UDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS

EXTRA J UDICIAL SETTLEMENT AMONG HEIRS

Notice is hereby given that the intestate estate of the Late LINDA W. RAYPON who died in estate on September 5, 2015 left certain real property located in Capistrano Street, covered by Transfer Certificate of Title No. T-194288 which was wrongfully registered in the name of Vitarich Corporation and more particularly described as: Lot 820-B-I-D, Psd-10002003, being a portion of Lot 820-B-I (LRC) Psd-41373), situated in Poblacion, Cagayan de Oro City. Containing an area of ONE HUNDRED THIRTY THREE (133) square meters more or less is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS Under Notary Public of ATTY. PALAWAN S. LUCMAN, JR. per Doc, No. 41; Page No. 9; Book No.5; Series of 2016.

Notice is hereby given that the intestate estate of the late CIRIACA S. BACAS died October 4, 2015 at Cagayan de Oro Medical Center, left personal properties consisting of SAVINGS DEPOSIT at LAND BANK OF THE PHILIPPINES, Capistrano Branch in the sum of P 168, 450.32 with Acct.# 0151-1320-14.That the parties; MERCEDITHA B. UCAT, MARVIN S. BACAS & NELSON S. BACAS all of legal age and with full civil capacity to contract hereby these presents agree to adjudicate, as they hereby adjudicate, the above described SAVINGS DEPOSIT with Acct. No. 0151-1320-14 is the subject of EXTRAJUDICIAL SETTLEMENT AMONG HEIRS Under Notary public MACODY M. AGUS per doc. No. 499; page No.100; book No.408; series of 2015

BWM: Apr 27, May 4 & 11, 2016

BWM: Apr 27, May 4 & 11, 2016

development goals. One of the World Bank’s goals by 2030 is to end extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%. The World Bank is a vital source of financial and technical assistance to developing countries around the world.

On the other hand, the Asian Development Bank (ADB) specifically aims for an Asia and Pacific free from poverty.

ADB in partners with member governments, independent specialists and other financial institutions and is focused on delivering projects in developing member countries that create economic and development impact.

The DSWD Kalahi CIDSS – NCDDP in the Philippines is the prime mover of Community-Driven Development which refers to an emerging approach in community development practice where processes, principles, strategies and resources are applied to ensure community empowerment by giving the people authority and control over decisions and resources.

Written by Shaun Alejandrae Yap Uy, DSWD

NEW LIGHT PAWNSHOP Main: Gen. Capistrano Neri St., Cagayan de Oro City

Republic of the Philippines Province of Misamis Oriental Municipality of Naawan

Publication Notice RA 10172

11

2014 ppi’S Best in ENVIRONMENTAL Reporting

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund), mortgagee, with branch office at Pag-IBIG Fund, J.R. Borja Street, Cagayan de Oro City, against JESSICA IMELDA A. CONCON married to Elmo Q. Concon, with postal address at 036 1st St., Guingona Subdivision, Butuan City, Agusan del Norte 8600, to satisfy the mortgage indebtedness which as of April 5, 2016, amounts to One Million Five Hundred Twenty One Thousand One Hundred Eighty Six Pesos & 35/100 (Php 1,521,186.35) Philippine Currency, inclusive of interest and penalty charges, excluding other necessary fees and expenses of extra-judicial foreclosure and sale, the undersigned Sheriff or his deputies will sell at public auction on JUNE 1, 2016 at 10:00 o’clock in the morning or soon thereafter, at Regional Trial Court, Branch 38, temporarily holding office at the City Tourism Hall, City Hall Compound, City Hall, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property described herein-below, with all its improvements found thereon, viz: “TRANSFER CERTIFICATE OF TITLE NO. 137-2011001260 (Registered in the name of Sps. Elmo Q. Concon & Jessica Imelda A. Concon) A PARCEL OF LAND (LOT 39, BLOCK 11 OF THE SUBDIVISION PLAN (LRC) PSD-169564, BEING A PORTION OF LOT 11, (LRC) PCS-8974, LRC CAD. REC. NO. 1612), SITUATED IN THE DISTRICT OF BULUA, CITY OF CAGAYAN DE ORO, ISLAND OF MINDANAO. XXX, CONTAINING AN AREA OF FOUR HUNDRED EIGHTY THRE (483) SQ. MTRS., MORE OR LESS.” Prospective buyer/bidders may investigate for themselves the Title of the property above-described and all encumbrances thereon, if any there be.

In the event that said auction sale on June 1, 2016 will be declared holiday or non-working day, the same will continue on the next working day without need of further notice, publication and posting.

Cagayan de Oro City, April 25, 2016.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

(Sgd.) REYNALDO L. SALCEDA

Sheriff IV BWM: May 4, 11 & 18, 2016

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Suzuki Philippines opens three new shops S

uzuki Philippines, Inc. (SPH), the only integrated automobile and motorcycle company in the country, recorded one of the biggest sales growths in the industry last year with its massive 52% year-on-year growth and 10,000 retail sales, and aims to repeat this 2015 performance by carrying out successive dealership openings in 2016 starting this February.

Recently, the pioneer manufacturer of compact cars and one of the top automotive brands in the Philippines inaugurates one 3S dealership and two satellite branches— the Suzuki Auto Pulilan, the Suzuki Auto Malolos satellite, and the Suzuki Auto Quezon Avenue.

This was the second set of auto shop launches in February, and the ribbon cutting ceremonies were led by Suzuki Philippines Managing Director and Treasurer Mr. Mojica, General Manager for Automobiles Mr. Shuzo Hoshikura, Mt. Sinai Motors Corporation, and ETNA Motors Inc. Pulilan City currently experiences robust commercialization and industrialization, with a growing number of manufacturing companies establishing their presence here. Recognizing its development potential, SPH brings a 3S outlet in

Suzuki Auto Quezon Avenue

Suzuki Auto Pulilan

Suzuki Auto Malolos

the area to offer existing and new customers the same high-quality vehicles, repairs and parts which Suzuki patrons enjoy all over the country. Suzuki Auto Pulilan, owned and managed by Mt. Sinai Motors Corporation, started sales operations in June 2015. It is strategically located along Doña Remedios Trinidad Highway and is the first dealership in Bulacan that offers sales, spare parts and services.

Bulaceños can now equally have easy access to Suzuki products via the Malolos branch. Also operated by Mt. Sinai Motors, Suzuki Auto Malolos serves as the satellite branch of Suzuki Auto Pulilan. It started selling in November 2013 and established its satellite showroom in October 2015.

The satellite branch can be visited at Central Point Plaza, McArthur Highway, Bgy. Dakila, Malolos City, Bulacan.

Serving as the second satellite shop of Suzuki Auto Commonwealth, Suzuki Auto Quezon Avenue likewise held its official launching last February. To further increase the market coverage of the brand, SPH and ETNA Motors Inc.--owner and manager of the Commonwealth dealership-- again collaborated to cater to

the automotive needs of motorists with the easy-toaccess location at Quezon Ave. cor. Cordillera St., Sta. Mesa Heights, Quezon City.

The back-to-back dealership inaugurations are part of the Japanese car maker’s game plan to once again achieve high sales volume this year, as well as to expand and increase the company’s reach to its clients nationwide.

SPH strives to make this a great and historic year starting off with the sequent dealership expansions and introduction of its first sedan, the all-new Ciaz.

SPH General Manager for Automobile, Mr. Shuzo Hoshikura remarked, “Our dedication and commitment to reaching out to a wider Suzuki market is no more evident than with the inauguration of these three new networks. I am confident that these three newlyinaugurated outlets will perform excellently and help us achieve greater sales figures this year.”

Mr. Hoshikura added, “We at Suzuki Philippines are taking every possible opportunity to share the Suzuki Way of Life through the continuous expansion of the Suzuki Automobile Dealer Network nationwide.

We are determined to make more customers experience the difference, and make a positive mark in the industry.”

Suzuki Swift has now sold 5 million units globally

Suzuki Motor Corporation’s bestselling compact car, the Suzuki Swift, marks a milestone for having sold 5 million units worldwide this April, 11 years since its introduction.

First launched in Japan in November 2004 as one of the automotive manufacturer’s world strategic models, the Suzuki Swift shows the company’s quantum jump towards making cars that are sporty, stylish and fun to drive.

The Suzuki Swift instantly became a favorite among car enthusiasts throughout the world, earning high praises for its design, performance and bold style, as well as winning numerous Car of the Year Awards worldwide.

It hit its one million cumulative worldwide unit sales in 2008, two million in 2011, three million in

2013, four million in 2014 and five million in 2016.

It is produced in Japan, Hungary, India, China, Pakistan and Thailand, and is an easy favorite among subcompact sedans in more than 140 countries and regions around the world.

In the Philippines, Suzuki Swift was launched in 2011 and since then has been a favorite among first-time car owners and younger drivers in the local market. This subcompact car is among the top sales drivers of Suzuki Philippines for several years, and it significantly contributed to the total sales figures of the company in the first quarter of 2016.

The well-loved Suzuki Swift is a perfect subcompact car for firsttime car owners. It boasts of a sporty, stylish and

premium design with amazing fuel efficiency that makes it the perfect city car for the young urbanite.

With its superior handling and fuel economy, the Swift makes driving a smooth yet thrilling experience.

SPH General Manager for Automobile Shuzo Hoshikura shared, “We are proud of what the Suzuki Swift has achieved with five million unit sales worldwide. We have always known that this subcompact car would do well in the market due to its uniquely spirited character, and we are doubly delighted that it reached this milestone at a relatively short time. We are proud to note that it is also doing great locally. On behalf of Suzuki Philippines, we would like to thank those who supported the vehicle in our market.”